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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 28, 1970
Page
8
Trade was fairly active and mixed with prices in major pits rising from around 1 to nearly 1. Market notes say weather was beneficial for crops. Corn and soybeans saw a sharp rally with gains about 1 cent above prior closes.
Reports from New York and Fort Worth outline mixed market activity across bonds commodities and stocks. Cited figures include treasury bonds futures and agricultural products with notable price shifts and trading volumes amid varied investor sentiment.
Prices rose modestly for corn and soybeans while oats and wheat gained slightly as traders weighed weather impacts and a possible government loan sale. Potato futures fell, with New York and Chicago markets showing limited movement and activity in the grain complex remaining light.
Amid reports of shifting support the Senate and House clash over 1971 farm policy. Key figures like Ellender push for parity based support while administration backing seeks mechanisms tying prices to costs with new funding questions.
Linda Jones, an intelligent teenager, died after taking heroin amid a rising drug crisis in Fort Worth. Her parents describe overindulgent parenting and lack of guidance as factors while health officials warn drug use has surged 300 percent. The couple contemplates adopting again and vows stricter boundaries to prevent future tragedies.
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