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Lovington Daily Leader in Lovington, New Mexico

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

Lovington Daily Leader

Location

Lovington, New Mexico, United States of America

Date

May 08, 1975

Page

1

Dallas newspapers reveal liberal mainstream and oil concerns

A visiting reader comments on the Dallas Morning News and Dallas Times Herald under Chandlers and Felix McKnight. They note liberal editorial slants and a conservative stance from R C Hoiles, plus Dallas News focus on oil industry pressures and federal pricing policies affecting mineral resources.

P.m Chandlers L.A. Times R. C. Hoiles Santa Anna Disneyland Country California Pipsqueaks DTH DMN Felix McKnight Kyle Rote Felix Texas Dallas News New Mexico Tom Dealey Ted

U S Geological Survey lowers oil and gas reserves estimates

The U S Geological Survey recalculated domestic oil and natural gas reserves, showing oil measured and inferred at 68.87 billion barrels and undiscovered oil 66 to 149 billion, with gas reserves at 417.1 trillion cubic feet. Estimates fall 1/3 to 1/2 from 1974 figures, sparking renewed urgency about energy supply and consumption projections under Project Independence.

Energy Resources Council Federal Energy Administration FEA Ford Morton

Prices Up Again But Recovery Said on Way

Wholesale prices rose in April for the first time in five months, with a 1.5 percent index increase driven by farm prices up 6.7 percent, led by livestock and fruit and vegetable costs. Economists predicted an end to the recession and a more vigorous recovery, while urging fiscal restraint to curb inflation and debt.

Richard Hughes Labor Department U.S Bank of America First National City of New York Bankers Trust Co Donald E. Woolley Bankers Trust Treasury William Simon American Society of Business Writers Washington Federal Reserve San Francisco John J. Balles Fed Balles Simon Congress Senate Finance Committee

Lovington post office bid awarded to Homco firm

The Lovington post office building contract at Love and Avenue D was awarded in Albuquerque to Homco, an Albuquerque firm, for 465300 dollars. Eight firms bid with various totals. Western States American was late and disqualified. Glenn Adams cited confusion over meeting rooms causing a two minute late arrival.

Lovington Love Avenue D Albuquerque Homco General Builders Ballard Construction Carlsbad John Cornell Clovis Weldon Bauske Bill Jourdan Hobbs P. G. Adams Glenn Adams Adams

Jury Recommends Probe of PSC Head

Lea County grand jury urged an investigation into Public Service Commission Chairman Richard P. Montoya on possible conflict of interest over leases on oil producing property in Lea County. Attorney General’s office will study the matter to determine steps, with Montoya cleared of some prior questions in the probe.

Jury PSC Santa FE UPD Attorney General’s Office Public Service Commission Richard P. Montoya Souaeas Toney Anaya Lea County Grand Jury Montoya Lea Montoya

Unemployment Holds at Fifteen Percent in New Mexico Construction

Albuquerque union officials say 15 percent of New Mexico construction workers are jobless a year into the slump though activity may lift soon. 2250 of 15000 union members idle as April permits rise over last year signaling delayed effects, with two large projects in Albuquerque cited as potential relief.

Albuquerque UPD New Mexico George Suddarth Building and Construction Trades Council Afl-Cio Suddarth

Approvals on energy tax breaks to spur saving by industry

House Ways and Means tentatively approves an energy bill with tax incentives to spur saving, including faster write-offs for waste to fuel and shale to oil, credits for insulation and solar heating, and credits for recycling to reduce energy needed for new materials. The panel notes action may shift when the full bill is voted.

Washington UPD House Ways and Means

Castro Denies Cuban Role in Kennedy Killing

Fidel Castro said Cuba was not involved in President Kennedy's assassination but confirmed CIA attempts to kill Cuban leaders. He cited CIA plots as longstanding and noted Kennedy was an adversary whose policy Cuba sought to change. He spoke after a McGovern meeting and referenced US embargo politics.

Havana UPD Fidel Castro John F. Kennedy George McGovern United States Washington Cuba Kennedy Frank Church Se Wednesday CIA Assassi Castro

First Dispatch From Saigon After Communist Takeover

Saigon reports indicate a largely calm city under an honor system as Communist forces seize control. Viet Cong and North Vietnamese shoppers mingle with civilians while banks remain closed and money trades occur illegally amid a shifting new administration. Tran Thanh, a Chinese-origin magnate, stayed behind with his assets as others fled.

Cole Republic of South Vietnam Republic of Vietnam Viet Cong Tran Thanh Seagate

Ford Reassures Asia Allies No U.S. Domino Effect

President Ford seeks to reassure Asian leaders that U.S. resolve remains strong and no further allies will fall to Communism after Indochina collapses. He met Singapore’s Lee Kuan Yew and earlier hosted Australia’s Whitlam, New Zealand’s Rowling, and Britain’s Wilson, stressing continued U.S. cooperation with allies in Asia and the Pacific.

Washington UPD Ford Vietnam Cambodia U.S Lee Kuan Yew Singapore White House Australia E. Gough Whitlam New Zealand Wallace E. Rowling Britain Harold Wilson Whitlam Rowling Indochina United States Asia Pacific Ron Nessen Nessen South Korea Taiwan North Korea

Federal program orders plants to burn coal nationwide

The Federal Energy Administration begins a plan to force 79 electric plants to switch from oil to coal to cut oil imports. Frank Zarb announced the move, noting potential rises in air water and noise pollution and saying notices were sent to stations in Iowa Kansas Nebraska and Missouri.

Washington UPD Federal Energy Administration FEA Frank Zarb Zarb Iowa Kansas Nebraska Missouri Ames Iowa Power and Light Co Des Moines Iowa Public Service Co Maynard Iowa Electric Light and Power Co Sutherland Kansas Power and Light Co Zark

Graveside Rites For Sumruld Bay

Graveside rites for Kurt Barry Sumruld 94 son of Mr and Mrs Ray Sumruld of Tucumcari will be held Saturday afternoon in Tucumcari. He died Wednesday at Children's Hospital in Houston. Survivors include sister Tara Ann and grandparents Mrs Lucille Miller Roswell and Sumruld Pueblo Colo. No flowers requested.

Kurt Barry Sumruld Ray Sumruld Tucumcari Children’s Hospital Houston Tara Ann Gir Garland Berry Loveington Mal Lucille Miller Roswell Ontree Sumruld Pueblo Colo

Weather Outlook for Eastern Plains Fair Through Friday

United Press International reports a fair weather period across the Eastern Plains with a slight warming trend. Breezy afternoons expected with mild nights as Hobbs and Lovington show daytime highs around 82 to 84 and lows near 44.

United Press International Hobbs Lovington

Also Mentioned on This Page

Dallas Dallas Morning News SMU the Times Big D Geological Survey U.S. Geological Survey America Commerce Rogers IC. B. Morton Duke City Taylor Junior High School Parnell Auditorium Alvis Rogers N.M Rio Grande Bank Rodell Bloomfield Carpenter’s Local Carl Smith Deniel Cuba Socialist Revolution Inashington Senate Eeinlligence Nelson Rockefeller Central Intelligence Agency Saigon UPI Oe Kong Alan Dawson Mmuni Delmer Atkins Jamar James Camp Atkins China Sumruld Bay
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