Banks Shaped Lubbock’s Postwar Growth and Downturn
A historical portrait credits Lubbock banks with driving growth from 1940s to 1960s through irrigation oil water development and new office buildings. Deposits rose from 61 million in 1945 to 301 million by 1962 while loans surged, aided by second generation bankers and stable leadership across First National, Citizens National Bank, Lubbock National, American State, and Plains National.
MENTIONED IN THIS ARTICLE
George C. Wolffarth
CNB
South Plains
Lubbock
Pearl Harbor
I Nee
Les
Tak
Ing
State Senate
Connally
St. John Garwood
Univer
Posey
Jones
Roy Riddel
First National
O. L. Slaton
Lubbock State Bank
Courthouse Square
Great Plains Life
Broadway
Ave. L
Citizens National Bank
Wolffarth
Sam C. Arnett
George E. Benson
John A. Hughes
D. M. Wiggins
E. W. Williams, Jr
Williams
Ave. K
Chamber of Commerce
Lubbock National
LNB
Main St
Texas Avenue
C.F. Maedgen, Sr
Security State Bank and Trust Co
C. F E. Maedgen, Jr
Maedgen
American State Bank
Jack Payne
Payne
American State
Ave. Q
Meee
The
Plains National
34Th Street
50Th St
College Ave
Jim Ed Waller
PNB
Re appointment possible move in Garwood controversy
The Garwood confirmation fight continues as Sen. A R Schwartz plans a personal privilege speech in support of Garwood while Connally, likely to return to the fight, faces possible political backlash if he shifts votes. The capitol buzzes with renewed efforts and doubt remains on Garwood’s fate.
MENTIONED IN THIS ARTICLE
Livelcad
Sec. of State
Crawford Martin
Martin
Senate
Connally
Garwood
Miriam Ferguson
Texas
Capitol
Sen
A. R. Schwartz
Galveston
J. C. Whitfield
Houston
97Th Meridian
Defense Department Denies Air Force May Withdraw Fighters
Saigon AP report says the Defense Department denies plans to pull American Air Force fighters from Vietnam amid U.S. government discussions on possible withdrawal steps.
MENTIONED IN THIS ARTICLE
Air Force
Viet Nam
Saigon
U.S
South Viet Nam
Associated Press
Defense Department
Washington
U.S. Air Force
Allen Bros American Legion Post hosts reg meeting and film
Allen Bros American Legion Post 148 founded in 1919 invites members to a 7:30 p.m. meeting at Legion Hall 2412 Ave Q featuring a 17 minute Old Glory film shown by the local naval recruiting office. Cub Pack 402 holds Blue and Gold Banquet at First Methodist Memorial Hall with den table decor and potluck.
MENTIONED IN THIS ARTICLE
Allen Bros
American Legion
Legion Hall
Ave. Q
Ralph D. Spencer
Cub Pack 402
Memorial Hall
First Methodist Church
Auto stripped in Texas Tech parking lot theft
A car in the Thompson Hall lot at Texas Tech was broken into overnight. Probes report a tachometer, intake manifold, carburetor and air cleaner were stolen and heater hoses cut. Other incidents include a portable typewriter theft near Montgomery Ward and a burglary at Mars Service Station.
MENTIONED IN THIS ARTICLE
Thompson Hall
Texas Tech
Mike Houston
Morton
Montgomery Ward
Broadway
Brownwood
Lubbock Laundry Co
Ave
Mars
4Th Ist
Ave. X
Virginia Lee
E. 30Th St
Lubbock
Bill Sharpley
Sunset Lane
Russian Negotiator Heads Home For Talks
First Deputy Foreign Minister Vasily Kuznetsov left for Moscow after disarmament talks in Geneva. In his absence Ambassador Semyon Tsarapkin leads the Soviet delegation, with no clear return date indicated.
Viet Nam Costs Figure in U S Drive to Halt Communism
The United States fields 12,000 troops under 12 generals in South Vietnam at nearly 1 million dollars a day. Army Chief Gen. Earle Wheeler warns a long, vigorous effort is needed to turn the tide. Communists rely on attrition while the U S confronts wider Southeast Asia risks from spreading communism. The 1954 cease-fire plus renewed resolve mark U S involvement.
MENTIONED IN THIS ARTICLE
United States
South Viet Nam
U.S. Army
Earle G. Wheeler
Southeast Asia
France
North Viet Nam
Top Porker Fancy Challenge Sails to 2200 at Duroc Show
The top boat at the Duroc Breeders show, Fancy Challenge, sold for 2200 to L. M. Green of Clyde. Consigned by H. G. Lorenz from Lubbock, the hog set an alltime high at the annual event.
MENTIONED IN THIS ARTICLE
Duroc
L. M. Green
Clyde
H. G. Lorenz
Rt. 3
Lubbock
Senate action slow as Texas Senate racks up modest agenda
Avalanche-Journal Austin Bureau reports a quiet Texas Senate week with no major legislation passed. The body faced a historic rejection of St John Garwood as Texas University regent, filibuster over districting and sharp exchanges on representation geography versus population.
MENTIONED IN THIS ARTICLE
Avalanche-Journal
Austin Bureau
Austin
Texas Senate
Senate
St. John Garwood
Texas University
Chet Brooks
Franklin Spears
San Antonio
Brazil and France in lobster dispute threaten fleet action
Brazil cancels carnival leaves as tensions rise with France over lobster harvesting off northeast Brazil. The navy readies ships to sail at a moment's notice while Paris sends a warship to protect its crews. Officials urge peaceful resolution amid calls to sever ties.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Hermes Lima
France
Charles de Gaulle
Marcel Morin
Recife
Jornal Do Brasil
Lubbock youths plan 50 mile hike to beat record
Two high school youths Forrest Baker Jr and Marion Edwards will start at 7 a m from Sudan aiming for Lubbock to break a 50 mile walk record set by eight Lubbock Navy reservists who failed the trek. They will pass Amherst Littlefield Roundup and Shallowater with GI boots and sandwiches. Baker 18 and Edwards 19 express cautious optimism.
MENTIONED IN THIS ARTICLE
Lubbock Navy
Sudan
Lubbock
Forrest Baker Jr
Forrest Baker
45Th St
Marion Edwards
Lawrence Edwards
7Th St
Baker
Monterey High School
Edwards
Lubbock High School
Amherst
Littlefield
Roundup
Shallowater
Navy
Discipline Without Affection Better Than Affection
Dr. Sheldon B. Peize of Lorton Virginia told a Southern Corrections Conference that juvenile delinquents usually react better to discipline than to affection. He said discipline with out affection produces a far more successful product most of the time.
MENTIONED IN THIS ARTICLE
Tallahassee, Fla
UPI
Sheldon B. Peize
Lorton
Radioactivity Rises in Belgium Since August
Belgian meteorologists report a notable rise in radioactivity levels since August, indicating a growing environmental concern across the country.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Record Duroc Show Sets All-Time Sales High at Panhandle Fair
The Southwestern Duroc Breeders Assn show at Panhandle South Plains fairground drew over 1,000 attendees with a record sale totaling 28,870 dollars. Top boar Fancy Challenge sold for 2,200 dollars to L. M. Green of Clyde, while Granger FFA acquired the reserve boar for 590 dollars. Top gilts and pens also brought high prices as 114 prizeboars and 37 prizewinners averaged strong sums. Slaton FFA led judging, Friona IFFA second, and Happy FFA third with donor gifts from local supporters.
MENTIONED IN THIS ARTICLE
Southwestern Duros Breeders Assn
Panhandle South Plains Fairground
Duroc
H. G. Lorenz
Lubbock
L. M. Green
Clyde
Fancy Challenge
Royal Challenge
Lorenz
Melvin J. Feik
la Moille
Ill
Robert Cathey
Dublin
Strowold Farms
Rolling Green
Laverne Wheeler
Dwight, Ill
Stanley White
Lamesa
W. L. Gardner
Olton
Earl Martin and Son
DeKalb
Gardner
Joe Disch
Lockford
Calif
Slaton Ffa
W. F. Holloway
Friona
IFFA
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Afghanistan
Sam Wood
Austin American
H. J. Blanchard
Louis J Crump
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Ralph Hall
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Dorsey Hardeman
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Amarillo
Frank Owen
el Paso
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Bruce Reagan
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A. J. Rogers
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Murray Watson
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J.P. Ward
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Jin Garwood
EWS Briefs
Automotive Distributor Group of Lubbock Assn. of Credit Management
Chicken Village
19Th St
Clayton Carter
17Th St
Methodist Hospital
Nancy Samson
40Th St
Buffalo Lakes
Clarence Heald
Jarvis
Nadine Hodges
Cornell
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Emory and
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Congress
Victor Singer
George Jones
Mama
Santa Claus
Committee On State
House Highways and Roads Committee
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Champ
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Douglas Weller
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Elliott
Kennedy