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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 18, 1970
Page
13
The RAL board approves measures freeing roughly 350 million in reserve requirements. Officials indicate the move will ease liquidity pressures and support ongoing projects across the agency.
Lubbock chapter members and six San Angelo youths target a 1500 goal to fund the Texas Youth Conference. They operate information booths at Caprock and Monterey malls, door to door solicitations, and coordinate with state officers to support drug abuse education and youth programs.
The Federal Reserve lowers the main reserve requirement from 6 to 5 percent for large time deposits effective Oct 1, affecting about 5,800 banks and closing a loophole by requiring reserves for bank affiliate commercial paper. Housing starts rise to 1.58 million annual rate, highest in 17 months.
Mar got Stone was elected as Fowler Colorado Town Council member, becoming the first woman ever chosen for the post in the town's history. The result marks a historic milestone for Fowler and local government.
A shopper asks for the gadget to be turned off after paying 259.95 dollars, saying they want to show something. The exchange centers on interrupting the device and presenting another item or idea.
A six-horse caisson team from the Tomb of the Unknown Soldier detail carries out an average two funerals daily. Horses are matched in pairs, saddled but mounted only on the near side, with riders in dress blue uniforms. The unit trains three to six months per infantryman and is based at Ft. Myer with mounts from Oklahoma and Texas.
Texas candidates criticized federal policy and argued for budget balance and growth. Governor Smith defended the state’s economy amid rising costs and stairs of inflation, while Lloyd Bentsen praised Smith as able and distinguished, citing industrial growth and new firms.
Five people were hit with felony complaints Monday. Shallowater resident Charlie Mae Smith, 43, is charged with murder for allegedly shooting Henry Crawford, 43, on Loop 388 near Shallowater. Sheriff notes say Crawford was shot in the head with a small caliber pistol after a brief exchange with a woman in a car. Smith posted $7,500 bond. Also charged were David De Leon and Lupe Rosas, who reported Crawford's conversation with the suspect before the shooting. Additional arrests include Jeffrey Steven Turner, 22, for possession of a dangerous drug after an incident at a service station where a police officer was shot in the foot, and Turner faces methamphetamine possession and aggravated assault charges linked to a syringe and a suspected drug packet. Turner previously pled burglary in 1966 and was placed on probation. Bond was set at $1,500 for Turner on the drug case. Charles Dwayne Roberts, 31, of 3101 Ave H, faced a separate charge listed in the report.
AP report notes University of Kentucky professors average $15 190 in 1970 while Transylvania College tops private colleges with $12 314 Soarings in local crime include D R Scoggins reporting a stolen 1955 Oldsmobile and police arresting a suspect in a sleeping car case along with burglary and theft by bailee charges involving A Manuel P Quintero and W D Treece in several city blocks and addresses.
Miss King, an American Airlines stewardess for five years, argues the company denies maternity leaves of absence while other female employees receive them. She says 31 years of service triggers no special treatment and notes potential moves to other airlines with better seniority rules and pay.
Edward B. McDonough Jr., 31, named acting chief of the criminal division in the U.S. Attorney's office in Houston. He previously served as assistant chief under Malcolm R. Dimjenitt, who died Friday after a stroke.
Avalanche Journal guides group leaders during a 1 to 3 pm event at Coronado High and Wilson Junior High. Carolyn Goebel and colleagues coordinate demonstrations on starting a Living Textbook program with visiting consultants from Holt Rinehart Winston and Texas Education Agency experts.
The article notes coop supervision can oversee 13 banks that loan about $2 billion yearly to farm marketing, supply and business service coops with nearly 3,000 cooperative loans outstanding. It highlights Lynn, 19th Cotton Council president, who runs cattle and cotton, leads Gilliam Gin Co. and Farmers Ammonia Co. and holds multiple agricultural posts. The piece mentions upcoming annual meetings marking milestones for several industry groups and names Wilmer Smith and Joe B. Pate as presidents of local entities.
Harris County Commissioners Court approved a 55000 increase in funds to feed prisoners this year, though the sheriff's office says 100000 was needed. Chief deputy Lloyd Frazier told the court the money would cover meals through October or November without reducing quantity or quality as prisoner numbers rise and food costs climb from 18 to 24 cents per meal.
A power failure at the seven story County Family Law Building in Houston disabled lights, climate control, and elevator service before offices opened. Electricity was not restored until after 5 p.m., leaving the building without full utility service for hours.
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