Forecasts Mixed as 1973 Food Prices Seen Rising
Washington reports the Agriculture Department expects retail food prices in 1973 to average about 20 percent above 1972 levels. Demand, exports, and Phase IV controls influence whether prices rise further, with record crops offset by tight reserves and strong foreign and domestic demand. Beef and livestock prices may climb after the September price ceiling ends, while a record wheat crop could still leave supplies below last year.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Department
Russia
Money Markets Halted by Small Movements in Europe
European money markets steadied Tuesday with the dollar and pound trading near unchanged levels. Gold prices slipped marginally across London Zurich Paris and Frankfurt with Frankfurt quoted at 114.95 dollars.
MENTIONED IN THIS ARTICLE
London
U.S
Zurich
Paris
Frankfurt
Region faces record grain sorghum crop value surge
The report forecasts a region wide grain sorghum harvest near 2.6 million bales, setting a historic high. Its projected value reaches about 625 million dollars, signaling a major agricultural milestone for local growers and markets.
Nixon Lawyers Challenge Court Authority Over Tapes
Nixon lawyers told a federal judge that the courts lack authority to compel President Nixon to turn over White House tape recordings in a Watergate related action.
MENTIONED IN THIS ARTICLE
Washington
Nixon
White House
Senate Watergate: Committee
Huntil
Cox
United States
Senate Watergate Committee
Sam J. Ervin Jr
D-N.c
Cox’s
John J. Sirica
Sirica
Buzhardt
Car Mishap Kills Baby
A 14 month old child, Guadalupe Cuevas, was struck by a car driven by her uncle Pete Hernandez in the Cuevas family driveway in Shallowater. She died after arrival at Methodist Hospital in Lubbock. Justice of the Peace Wayne LeCroy ruled it an accidental motor vehicle death after witnesses were questioned.
MENTIONED IN THIS ARTICLE
Shallowater
Guadalupe Cuevas
Lars Cuevas
Soll Ave
Methodist Hospital
Lubbock
Justice of the Peace
Wayne LeCroy
F. W.mccain
Pete Hernandez
Hernandez
Cuevas
City School Budget Receives Initial Approval in 1973-74 Plan
Lubbock School Board unofficially approves a 28.5 million dollar budget for 1973 74 with one trustee opposing over lack of tennis court funding at Monterey High School. Board orders administration to report on tennis court availability and usage. formal approval awaits Aug 16 public hearing.
MENTIONED IN THIS ARTICLE
Lubbock
Charles Waters
Monterey High School
Waters
Bill Tucker
Supt
Ed Lyons
Trans
Republican Fund Raisers Involved In Agnew Probe
Justice Department sources confirm Republican fund-raising practices and contributors are part of the Agnew kickback inquiry. Attorney General Richardson keeps the investigation within the department and does not appoint a special prosecutor Archibald Cox.
MENTIONED IN THIS ARTICLE
Agnew
Washington
Justice Department
Spiro T. Agnew
Atty
Elliot L. Richardson
Archibald Jon
Ronald Liebman
U.S
Transportation Department
Jerome B. Wolff
State Roads Commission
Mandel
Probe links Agnew era contracts to fundraising probe
Federal investigators widen scrutiny to Maryland road contracts during Agnew governorship and post 1969 vice presidency. J. Walter Jones admits under inquiry for fundraising violations while denying illegal acts as prosecutors subpoena Maryland Transportation records from 1967 to 1971. Maryland officials pledge cooperation. details remain guarded and extended over years with multiple unnamed individuals involved.
MENTIONED IN THIS ARTICLE
Richardson
U.S. Atty
George Beall
Agnew
Maryland
Baltimore County
J. Walter Jones
Annapolis
Jones
Justice Department
Maryland Department of Transportation
Marvin Mandel
Daily Prayer Note by A Read er
A brief devotional item titled Today's Prayer asks for guidance from Heavenly Hardor to follow Thy footsteps and become worthy of Thy love. The entry is reported as a reader submission with a simple, personal prayer ending in Amen.
MENTIONED IN THIS ARTICLE
Hardor
Reader
Baling Wire Shortage Strangles Southwest Farmers
Farmers from Jayton to East Texas face a baling wire shortage cutting hay at cutting time. Norman Hahn reports 5000 bales ready but no wire, risking cattle in fields. Lubbock distributor Melvin Terry cites 30 days without supply and high demand from Oklahoma to Texas. Prices soar with reports of wire up to 100 dollars per spool versus typical 14. Colorado Fuel and Iron Steel Corp. confirms supply strain.
MENTIONED IN THIS ARTICLE
Tom Wells
Avalanche-Journal
Norman Hahn
Jayton
Melvin Terry
Lubbock
East
Texas
Oklahoma
Colorado Fuel
Iron Steel Corp
CFT
Pueblo
Colo
Lubbock Chooses Tech Site Fifty Years Ago
Fifty years back the five member committee chose Lubbock as the site for Texas Technological College after deliberation in Fort Worth. Today the Chamber of Commerce and Texas Tech University mark the anniversary with a campus program beginning at 11 a.m. near the Six-Students Association, featuring music and reactions to the decision.
MENTIONED IN THIS ARTICLE
Lubbock
Texas Technological College
Texas
Fort Worth
West Texas
Lubbock Chamber of Commerce
Texas Tech University
Two Million Cotton Bales Forecast For 1973-74
The Lubbock area projects a record cotton output of about 2.59 million bales for 1973-74, with grain sorghum also strong though unlikely to hit the prior county-wide record. Combined with milo, farm income may top 1.089 billion dollars, a new all-time high, aided by overseas demand and favorable prices. Dr. Bob Metzer of the Texas Extension Service notes the crop may prove conservative with ideal weather, stressing the need for hot dry conditions to maximize yield and quality.
MENTIONED IN THIS ARTICLE
Duane Howell
Avalanche-Journal
High Plains
Lubbock
Exchange
the Plains Cotton Growers, Inc
Milo
Bright Farm
Bob _Metzer
Texas Agricultural ‘Extension Service
FPC Hikes Natural Gas Rates in Permian Basin
The Federal Power Commission raised rates for old gas from 4.5 to 23 cents and for new gas from 16.5 to 35 cents per 1000 cubic feet, altering the 1965 price schedule for natural gas produced in the Permian Basin region of Texas and New Mexico.
MENTIONED IN THIS ARTICLE
Washington
Federal Power Commission
Permian
Texas
New Mexico
Study Delay Over $30,000 URA Management Consult
The Urban Renewal Agency board halted a $30,000 plan to hire Canoub, Flessie and Associates to design a formal management system for URA and the 4,000 acre Neighborhood Development Program. Directors questioned costs and whether an initial evaluator might suffice, asking the firm to outline services before any decision.
MENTIONED IN THIS ARTICLE
Mel Tittle
Avalanche-Journal
Tommie Stevens
URA
Orville Alderson
Department of Housing and Urban
Weather Outlook for Lubbock and Vicinity
Partly cloudy with afternoon and nighttime thunder storms likely today through Thursday. Highs near the mid 90s tonight's low around 70. Noon observations show maximum 91 and minimum 72 for today with humidity around 62 percent.
MENTIONED IN THIS ARTICLE
Lubbock
BAUM
Acess
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Acm
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