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Newspaper
Lawton Constitution
Location
Lawton, Oklahoma, United States of America
Date
Jul 18, 1972
Page
4
Washington reports a 0.3 percent rise in industrial production for June while the Nixon administration imposes wage price controls on about 62,000 small lumber firms and the Federal Reserve slows the money supply. The modest gain does not signal a sharp economic acceleration.
Occidental Petroleum chief Dr. Hammer pivots toward a wide East West deal spanning Soviet Tyumen fields and a possible 4000 mile pipeline. Stock spikes 19 percent on speculation, while Tass reports new Tyumen oil. Hammer notes geologists will study potential sites as he promotes collaboration with European partners and Holiday Inn projects in Europe.
Task force including destroyers Warrington Robison and Hull sank two Sampan barges off Dong Hoi and attacked three Chinese freighters aiding North Vietnam. U S fighter bombers reported 310 strikes across North Vietnam destroying barges depots and warehouses near Haiphong Cao Cat Ba and Hon Gay. Hanoi claimed three U S warplanes shot down. Hue Citadel casualties reported with seven dead including a baby.
The press conference featured Frank Sinatra denying any truth to Fontainbleau and Sands stock allegations. He stated he bought Sands stock with his own money in 1963 and testified before a committee after a large turnout. Barboza accused Sinatra of fronting for Patriarca money, claims the Fontainebleau and Sands deny.
Oklahoma City The Internal Revenue Service issued a ruling that retail customers with revolving charge accounts may deduct the total finance charges as interest on income tax returns. District Director Clyde L. Bickerstaff said previously only part of the charge was deductible, but now the total amount charged is considered interest for delaying payment.
Frosty Bars a four year old gelding owned by Delmar Choate Lawton was named champion high point horse at the Oklahoma Appaloosa Horse Show in Okmulgee Judge Gene Payne Dallas Texas More than 390 horses entered Royce Crosby Lawton rode Frosty Bars to win junior reining and trail and earned high placing in several events Prince Rocky also owned by Choate placed third in yearling stallion Two horses owned by Mr and Mrs Ray Walker Frederick placed in the show RVs Bubbling Domino was first weanling filly and RVs Tanzo was first three year old mare Reid Simmons Roosevelt tied for high point youth in 13 17 and led in youth reining Ricky Simmons Roosevelt won youth pole bending
In June, 4,082 screwworm tests were conducted in northern Mexico and 4,064 were positive. The Agriculture and Livestock Department reported a larger outbreak than last year, with Coahuila recording 1,144 cases, followed by Sonora 953, Tamaulipas 748, and Nuevo Leon 574.
Reports say the United States and State Department officials offered few details as Egypt weighs Soviet military adviser removal. Sudan, Tunisia, UAE and Czechoslovakia ambassadors visited Cairo as speculation grows over Egypt seeking greater independence and a freer foreign policy.
James Fitzsimmons announced Teamsters backing for Nixon at the Western White House amid labor criticisms of McGovern. He stressed blue collar workers and labor’s interests, while Nixon hosted 21 union officials for about an hour of refreshments. The endorsement was denied as linked to other clemency or prosecutorial decisions.
Democratic nominee George McGovern, resting in the Black Hills, weighs three campaign outlines and a detailed media plan for the fall race against Nixon. He prioritizes party unity, thanks Chicago Mayor Daley for endorsing the ticket, and plans further meetings with union leaders and aides.
The Associated Press and Xinhua are negotiating an exchange of news and photos. AP President Wes Gallagher and AP chairman Paul Miller lead talks in Peking with officials and photographers, aiming to establish a regular channel after 22 years without direct links.
Police Chief Hennessee said no personnel matters were discussed during the closed session Friday. He described a congenial talk with councilmen on traffic policy while some Model Cities matters were addressed later. Councilmen asked for policy discussion, citing complaints about traffic tickets and an incident involving a Lawton resident and a police cadet chasing a citation.
A Huntsville resident, Pearl Rhodes, was listed in good condition at Memorial Hospital after a Sunday gunshot on Mount Scott. The .22 caliber bullet hit her right shoulder and lodged in her right lung. she told officers the wound was self-inflicted.
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