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Newspaper
Childress Index
Location
Childress, Texas, United States of America
Date
Dec 14, 1965
Page
2
US Department of Agriculture figures show improved cotton quality in the Eastern Panhandle as harvest gains momentum. Memphis classing office records 18 000 samples and a season total of 1 063 000, with receipts rising daily and staff expanded.
The Kids Basketball program in Childress features the A varsity with seniors and some juniors, the Junior Varsity mainly juniors, the B Team of sophomores, and a Freshmen squad. The program aims to start during the holidays with coordinator Gene Frisbie stepping down. a new coordinator is sought to sustain strong junior high and high school teams for years.
An Air Force review board conditionally cleared Gemini 6 for a third launch attempt on Wednesday with Walter Schirra and Thomas Stafford aboard. The Titan 2 rocket will be ready after late today with leak and engine switch checks complete and a plastic stopper issue resolved.
Spear & Staff warn that a surge in low priced issues may extend into the bull market end and heighten risk of loss on any stock purchases. Fred Anschel retains caution over near and long term trends due to technical monetary and political uncertainties. John C. Hammerslough notes many issues are overbought but foresee further gains before a major pullback.
Newton D. Zinder of BEF Hutton & Co. warns that speculation in low priced, poor quality issues has historically caused a severe market setback. He tempered his positive outlook for the market’s near term future in light of recent speculation.
The U.S. Weather Bureau logged 2 degrees at Cut Bank Montana as the morning low and 89 degrees at North Miami Beach Florida as the day’s high, excluding Alaska and Hawaii.
Texas A M Extension economist John G Vellanego projects vigorous but balanced 1966 growth. He cites higher employment and consumer incomes, rising gross national product, and increased private investment. Federal and local government spending, plus new programs in housing education and regional development, are expected to boost activity.
Prices for slaughter cattle and hogs rose at major Midwest markets while cow prices dipped. Live cattle futures reached record activity as wholesale dressed lamb prices climbed and soybeans and wheat closed higher on the Chicago Board of Trade.
Detroit Los Angeles Philadelphia and St. Louis bid to host the 1972 summer Games while Salt Lake City Lake Placid New York and Anchorage Alaska seek the Winter Games. The U.S. Olympic Committee will select one candidate for each games at a Chicago meeting on January 15.
Walter Kruse of Texas A and M's Livestock and Forage Research Center in McGregor says replacing cattle by eyeballing is inadequate. He notes birth weight and final weight records matter, and replacement heifers should be selected at 12 to 14 months based on conformation, breeding traits, and weight relative to age. He argues waiting yields better heritable insight for offspring performance.
Plans for about 50 miles of parallel terraces on Childress Airport land involve Clyde Hackler and other local producers with the City of Childress and Hall County Soil Conservation District. Government cost share through the Great Plains Conservation Program supports terrace construction and cov er crops, with continued regional conservation efforts and farmer participation.
The Dow Jones industrials climb to 955.01 at noon up 3.46 as rails gain 0.85 and stocks rise 0.99 led by a broad market rally. By 1 p.m. the 30 Industrials sit at 954.23 up 2.68 with rails at 244.30 and stocks at 336.59 up 0.53 amid strong volume.
Treasury data show withdrawals totaling 42.90 billion dollars and deposits of 49.20 billion for the year ending December 9. Cash balance stands at 3.94 billion with gold holdings reported at 13.81 billion.
Mary Ewing ranch on Route 1 Dodson will plant 184 acres more mesquite under Great Plains Conservation Program cost share. Hufstedler of Soil Conservation Service says she has already dotted 09 acres over five years and plans 684 more in five years. Hall County district supervisors commend L B Lidman H and H Cattle Co Arlie Bouchelle and Jack Felton for excellent irrigation water management this year.
The seventh annual Miss American Teen-Ager Contest opens to unmarried American girls aged 13 to 17 at Palisades Amusement Park Palisades Park New Jersey on September 9 1966. The 1965 titleholder is Annell Raye Bass of Virginia Beach Virginia. Over two hundred thousand girls entered last year from across the country.
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