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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
Jan 13, 1967
Page
15
Market notes show potato prices steady for russets and firmer for round reds with limited track offerings and strong carrot track sales. Idaho russets quoted at 5.85 with other regional prices noted. butter and eggs prices largely unchanged with variations for grade A whites and other egg classes.
New York UPI reports the Dow Jones Industrial Average finishing higher in Industrials and Rails, with Utilities easing. The 30 stocks rose 7.46 to 829.95, while Rails gained 2.99 and Utilities slipped 0.03. Bond futures also rose modestly. The commodity futures index ended at 135.76.
Soybeans finished higher amid active trade on the Chicago Board of Trade while other grains weakened. Demand from exporters and commercial buyers supported beans, with March deliveries most active due to supply tightness and farmer withholding of beans from elevators. Wheat, corn, oats, and rye fell or stayed weak as soybean oil and meal moved higher late.
Cattle, calves, hogs and sheep trade notes from Chicago and New York markets. Beef and steer prices ease slightly on light receipts in Chicago with some slaughter steers at 24.50 to 25.50 and hogs around 20.25 to 20.75. New York wool tops future sales noted as uncertain. Bankers in Peru pursue credit plan to take over debtor businesses.
Barry Goldwater critiqued New York Times dispatches from Hanoi as Communist propaganda. He said Americans were shocked by press objections to aiding freedom, clarified he is not a 1968 candidate, backs Nixon if he runs, and plans a 1968 Senate bid.
UPI New York The U.S Court of Appeals upheld a $2 million libel suit by former Sen Barry Goldwater against Fact Magazine The unanimous ruling denied a motion to dismiss and found a genuine issue as to actual malice by editor Ralph Ginzburg related to a prior 1964 election report alleging Goldwater was psychiatrically unfit to be president.
Sen John Tower plans a January 28 to February 15 tour of Southeast Asia and Vietnam as a member of the Senate Armed Services Committee. He will also visit Korea Nationalist China and Hong Kong to discuss unrest in Red China with U S and Chinese officials.
J. S. Reinhart announces Edmund R. Borgan as director of advertising sales promotions and public relations for Shop Rite Foods Inc and subsidiaries. Borgan previously led advertising at Purity Stores Handy Andy Consolidated Foods United Artists and Universal International Pictures. He will reside in Lubbock with his wife Aurea and four sons. Guam needs a new post office.
Rep. Gus Mutscher of Brenham, chairman of the House Redistricting Committee, plans to meet the three federal judges who faulted Texas 1965 reapportionment. The panel backs removing flotorial districts and argues for closer adherence to one person one vote. The talk centers on compactness and county splits affecting districts for Brooks, Pickle, Young and Fisher.
Charles Dragna 44, a Dallas grocery owner, faced murder charges in the shooting death of his wife Sue Frances Dragna 33 in their North Dallas home. A daughter witnessed the event as the family reportedly argued. Dragna posted 10000 bond and awaits grand jury action.
Comprehensive list of oil well locations and completion stats across Pecos County including Gulf Oil, Humble, Pan American and Donovan assets. Entries cover field names, survey sections, directions, elevations, production figures in bopd, water content, gravities, frac data, and casing depths. Notable entries include Tubb and Glasscock areas with multiple well numbers and operator details.
Records show multiple test results in the North and Central Basin areas with oil and water outputs. Notable figures include the Hale Mobil No 1 pumping 5 bbls oil in 4 hours, and the Martin Texas Crude well pumping 110 bbls with 48 percent water in 4 hours. Southeast New Mexico tests report Chaves and Eddy wells with varied oil water yields and gas indications.
Dry Holes and wildcat drilling entries across multiple operators list No 1 wells with depths ranging from 4 000 to 12 000 feet. Entries cover areas near Ozona Winters Christoval Red Lake and Tom Green County with operators including Mobul Oil Corp Amerida Petroleum Waggoner & Zeller Tucker Drilling and Scheicher.
In Lea County near Caprock and Lovington, multiple drillstem tests report oil and gas shows. Monsanto No 1 Y Lane, Aztec State No 1 M Federal, and Elk Oil Co No 1 Aztec State yielded gas and oil with varying rates, pressures, and recoveries, spanning depths from about 9,329 to 12,300 feet.
Multiple drilling plans and completions across Hockley, Andrews, Scurry, Terry, and Loving Counties in Texas. Projects include 5200 foot San Andres wildcat No 1 A L Lockett Sewell 542 miles SE of Clavene, 7600 foot No 16 M G Gordon in Slaughter field, 21200 foot Can yon reef test No 1 Brown near Snyder, and Gulf Oil No 30 Mallet Land & Cattle Co producer in Slaughter field with 100 barrels daily. Freeport and Natural Gas & Oil announce No 1 Wilder gas discovery near Mentone with potential 34 million cubic feet daily.
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