Facet of stock fraud case shocks Texas politics
The Texas stock fraud scandal widens as State Treasurer Jesse James suspends J E Hill father in law of Rep Mau rice Angly amid a Treasury dispute. Angly seeks probe into James dealings with Sharpstown Bank, alleging leaks and political pressure while FDIC payout discussions begin in Houston.
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United Press International
Texas
State Treasury Office
Treasury Department
Jesse James
J. E. Hill
Maurice Angly
R-Austin
Angly
James
Sharpstown Bank
Houston
Jesse
Federal Deposit Insurance Corp
FDIC
Solon
Connally Denies Fee From Foundation Under Fire
Former Texas governor John B. Connally Jr. rejected claims he violated the state constitution by taking about 225000 in fees from the Sid Richardson Foundation while governor. He seeks a new Senate hearing to publicly rebut The Times story and explain fees earned as executor of Sid Richardson's estate over a decade.
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Washington
John B. Connally Jr
Texas
Senate
Treasury
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Ene Senay
Connally
Wallace F. Bennett
Utah
Sid Richardson
Bennett
I Connally
Richardson
Finance Committee
New York Times
Sid R. Richardson Foundation
Ichardson , l
OselWis
New Mexico Voters Face School Officials and Bond Question
Page 1 Sec B reports New Mexico voters go to polls to choose school officials and decide a bond proposal. The note references other sections including police, murder charge after a four month old’s death, and a feature on divorce rates and a former drug addict linked to a jewelry trail.
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New Mexico
Market closes higher as Dow gains and advancers lead
The Dow Jones average of 30 industrial stocks ends up higher with notable gains. Advancing issues outnumber declines on the New York Stock Exchange, reflecting broad market strength in a favorable news day.
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New York
Istock Exchange
Silent U S and allies face Laos escalation charges
Moscow says American imperialism expands in Indochina as Laos invasion claims surface. Kosygin blames U S Saigon forces for massing near Laos border while Washington and Saigon deny troop involvement. Pathet Lao cites increased deep intel forays and air support rumors stem from new deployments.
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Moscow
Hanoi
Alexei Kosygin
Laos
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Washington
George Aiken
R-Vt
State Department
Aiken
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Saigon
Indochina
United States
America
Noh
Prayer fragment from a devotional note
A short religious note asks for divine guidance to sense truth in souls. The text ends with a prayer in Jesus name.
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Heavenly
Jesus
Chilly Start as Arctic Front Approaches AVA
A bitter national chill lingers from the Rockies to the East Coast with low winds and overcast skies. In Lubbock the high Monday reached 40 followed by a 16 degree low and a noon wind of 18 mph creating a wind chill around seven as forecasters warned of a further Arctic cold front.
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South Plains
Rockies
Atlantic
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Nixon eyes modest route to recovery amid inflation fear
President Nixon, in a Congress economic report, scales back full employment to about 4.5 percent joblessness and 3 percent price rise, insisting 1971 may improve and 1972 could bring steadier growth. He rejects wage and price controls but hints jawboning may be used. cites oil and steel price pressures and fiscal debate as factors.
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Nixon
Congress
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Ike Buck and Eisenhower Dollars Reach Casinos in Nevada
Nevada Casinos convert slot machines to accept Eisenhower dollars as silver coins fade. Officials say the new currency will affect gaming and circulate broadly beyond the 548 slotrooms as about 200 million coins roll out this July. Ed Bowers of the Gaming Commission notes casinos face few hurdles converting machines.
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Cent Iva
Seat Abettafedl Heller
House-Senate
Ed’ Bowers
State Gaming Commission
Chrysler UAW enter final marathon talks to avert strike
In Detroit UPI reports negotiators for the United Auto Workers and Chrysler Corp. moved into a last major session Monday to avert a strike by 10 000 salaried workers due at 9 a m CST. Industry observers warned a shutdown could occur in about six days.
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Detroit
UPI
United Auto Workers
Chrysler Corp
Chrysler
Lunar Valley Path Charted by Apollo Crew
Three US space pilots narrowed the distance to a Friday moon landing as they fired a 10 second burn on the big engine delaying a guaranteed free return. Stuart Roosa, Alan Shepard, and Edgar Mitchell aim to spend up to 33 hours on the moon with two moonwalks up to five hours each as they search for ancient rocks.
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U.S
America
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Alan B. Shepard
Edgar D. Mitchell
Leach
Apollo 14 faces altered lunar approach and near mishap
Houston reports Apollo 14 will adjust its course to lunar arrival, delaying launch from Cape Kennedy by 40 minutes. Ground crews investigated a temporary malfunction possibly caused by ice and prepared for a near miss similar to Apollo 13's oxygen tank crisis.
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Eptied
Space Center
Moon
Ane Kennedy
City School Aide Takes New Post
Linus Wright of Lubbock named superintendent in charge of business for Houston schools. He has been assistant superintendent for business affairs in Lubbock since January 1969 and will assume duties after a release from that district. Wright will manage finances purchasing maintenance and construction in Houston, earning 30000 annually. The Houston system is the sixth largest in the United States with an annual budget around 150 million dollars.
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Houston Independent School
Linus Wright
Lubbock
Houston
Wright
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United States
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the Arolde
Tex- Lee City
Cotton council hears call for unity under new farm act
At the National Cotton Council meeting in Dallas Assistant Secretary Clarence Paimbly urged 100 percent effort from industry and government to maximize benefits from the Agricultural Act of 1970. He forecast definite improvement in cotton’s outlook even in the first year of the new program and stressed aggressive collaboration.
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Duane Howell
Dallas
Asst. Sec. of
Clarence
Paimby
National Cotton Council
Statler Hilton
Department of Agriculture
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