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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Dec 02, 1961

Page

1

U.S. Leader Denounces China at UN Security Clash

Adlai E. Stevenson brands Peiping a brutal threat to mankind during a General Assembly clash with Soviet deputy foreign minister Valerian A. Zorin over China's seating in the United Nations. The Soviet bloc walkout accompanied Tingfu T. Tsiang's Nationalist China speech as Stevenson warns of UN's future at stake.

Associated Press Adlai E. Stevenson China Peiping United Nations U.S UN General Assembly Valerian A. Zorin Taiwan Tingfu T. Tsiang Stevenson Asia Africa Latin America Formosa

Federal Reserve Raises Savings Deposit Rate to 4 Percent

The Federal Reserve Board and FDIC announced a new maximum savings rate of 4 percent for deposits of one year or more, effective Jan 1, with 3.44 percent on six to twelve month deposits. Banks decide whether to raise rates. the change aims to boost competition, attract foreign funds, and curb capital outflows. The 2 1/2 and 1 percent rates for shorter terms remain unchanged, affecting about 13 000 banks.

Avalanche-Journal Ashington Federal Reserve System Federal Reserve Board Federal Deposit Insurance Corp Savings and Loan Associations Treasury

Taft Announces Candidacy For Congress At Large

Cincinnati Ohio senator Robert A Taft son of the late Senate leader announced on Friday his bid to represent the state at large in Congress next year. The 44 year old Navy veteran cited dissatisfaction with the nation's foreign policy as his motivation.

Cincinnati Ohio Robert A. Taft Senate

Writer Of Threatening Letters Charged In RFK Muskie Threats

FBI charged Sylvia Beyvale with writing letters threatening U S Attorney General Robert F Kennedy and Senator Edmund Muskie. She admitted arraignment and said she did not mean it. The Baltimore News Post crossword contest aided handwriting matches in identifying the writer.

Associated Preve Altimore FBI U. S Sylvia Bey Vne Ters News-Post Office Vale Washington, D.C James Jehnert Powers

Spinster's Thrift Yields 5.5 Million Estate For Baker Kin

Thomas C. Baker, a conservative stock gambler and inventor, gave rise to a vast fortune via International Business Machines shares. His daughter Margaret, a former schoolteacher who died at 79, left an estate including about 9,300 IBM shares valued around 5.5 million and farm land about 500,000. Her will directs a practical end to household matters.

United Press International Ashington Kan Thomas C. Baker Baker Margaret

Defense Department launches 93 million fallout shelter program

The Defense Department initiated an accelerated 93 million program to survey public buildings for shelters and mark basements to house up to a half million people. The plan aims to have shelters stocked with two weeks of supplies and potentially ready by June, with private shelters encouraged for those able to build them.

Avalanche-Journal Ashington Defense Department Phin Pittman Civil Defense Office

Price Daniel Sets Jan 3 for Third Texas Special Session

Gov. Price Daniel announced January 3 as the date for the third special session of the 57th Legislature. The primary aim is to extend the escheat law to banks and protect dormant accounts, with emergency matters including small loan legislation and Os Larm-O-Market road projects. The session could run 30 days, pending pending studies and progress on the escheat bill.

Associated Press Ustin Price Daniel Daniel Os Larm-O-Market Capitol Dantel

L L Wilson Victim In City Pedestrian Fatality

Leonard L. Wilson about 47 was struck by a southbound car at 82nd St and Tahoka Hwy, becoming the city s 23rd traffic death of the year. Driver Robert Stringer 19 and two Garvin cousins 15 received hospital treatment for glass injuries.

82Nd St Tahoka Hwy Indiana Leonard L. Wilson Michigan City Ind Marland Robertson Art Unger Robert Gene Stringer Erskine St Floe Garvin T. C. Garvin Childress Pamela Garvin D. C. Garvin 1808 Ave Methodist Hospital Rix Funeral Wilson Stringer Floe

Budget: A plan adopted to prevent part of the month

The note defines a budget as a plan to stop funds from running short by month’s end. It highlights budgeting as a tool for managing income and expenses to avoid left over deficits. The piece frames budgeting as essential in personal finance.

Johnson to head Wichita Falls banquet honoring Ikard

Vice President Lyndon B. Johnson will be the principal speaker at a Wichita Falls banquet honoring Frank Ikard who has resigned from Congress to become executive vice president of the American Petroleum Institute. Ikard arrives Monday, Johnson flies from Chicago to speak Tuesday.

Wichita Falls Lyndon B. Johnson Frank Ikard Congress American Petroleum Institute Ikard Johnson Chicago

Balmy Weather Boosts Texas Shoppers and Fans

A warming trend brings springlike temperatures across Texas. Friday’s high reached 75 degrees, with a low in the upper 30s. Lubbock logged a December 1 high of 75 degrees, tying the city’s 1951 record.

Texas Lubbock

Prayer for Forgiveness and Unity in Daily Faith

The prayer asks for forgiveness and less judgment of others while living in the Spirit. It seeks dedication to God’s holy purpose and closes in Jesus name from Rev. S. H. Salley of Earth Methodist Church. Readers may submit prayers under six words.

Christ Rev S. H. Salley Earth Methodist Church

Brothers Held as Embezzlers In Whiting S&L Case

Federal agents arrested Joseph J. Chia and Benedict Chia both longtime Whiting residents. They allegedly looted Liberty Savings & Loan Assn by using a secret ledger to siphon up to 1 million dollars over 22 years. The bank remained open as depositors faced uncertainty and a window notice promised FDIC-esque insurance.

Thiting Ind Savings and Loan Association FBI Allin Gillies Liberty Savings & Loan Assn Whiting Federal Savings and Loan Insurance Corp Ihe Joseph J. Chia Benedict Whiting-Hammond-Gary Burnice Geiser Sheldon Gillies

Reservists at Fort Polk Air Gripes Over Call-Up

Two letters signed by 144 reservists and National Guardsmen at Fort Polk voiced complaints about call-up conditions. They urged discharge and demanded an investigation of the 49th Armored Division. Army inspector ordered to probe.

United Press International Ort Polk Fort Polk 49Th Texas) Armored Division Harley B. West West Sec. of Defense Robert S. McNamara Joe Kilgore D-Tex Kennedy Secretary of Defense Dallas Morning News Houston Post Kilgore James E. Vance 49Th Division

Weather Map Page Details and Local Forecast

Lubbock and vicinity expect a high of 75 and a low around 36 tonight with southwest winds 10 to 20 mph. Humidity rises to about 71 percent at midnight with 98 percent moisture in the air. precipitation not indicated. Southwest region temperatures and wind patterns charted for the four hour period ending early morning.

Lubbock Air and Child Pan St Mineman Mildag EL Paso Houston

Also Mentioned on This Page

John R. Woolridge Raleigh N.C Las Cruces N.M Woolridge St. Pius X Church Cleveland Joseph J. Selby Jr Jean Ann Stalnaker Julie Fay Stalnaker David J. Selby Kfyo Cain Journal Tin Miss Baker Lobaugh Early Protection Stuart L. Pittman London UPI Tiny L. L. Wilson Jerry McCarty News Index Comic Dictionary Shreveport Times Louisiana
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