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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jul 02, 1967

Page

10

Market Sags For Second Week Amid Tax Talk And Rates

Stocks fell for the second straight week as higher interest rates and talk of a possible tax increase weighed on sentiment. The Dow dropped to 860.26. the AP average slipped to 423.0 as Xerox and AT&T led declines and overall volume mounted near the half year peak. Bond yields rose toward long-run highs, while half-year stock gains remained strong against year‑start levels.

NEW York New York Stock Exchange William McChesney Martin Federal Reserve Board Congress Gardner Ackley Dow Jones Associated Press Xerox American Telephone JNEW York Abbott Lab Case JI Chelb Jindustries Nia Gas Alberto ieanAlum Aled Mills Ta Ae Alhed Pd Baker Bosch Baest T&t Wotians Mtchison Vas Nas Cornthas Gai Inc Bend BenefFin Benkin BenFin Benguet Berman Briat Mv BwyHale Bklynug Brown Co Ben's Pil Bwoship Bwoshaip Wi Bwashoe Brunawick Buckinghm BucyEr Ta Budd Co Budg Fin Budg Bullard Bulova Bunk Hill Burl Judg England Jon By Ferest

Local Briefs Note Visitors and Holiday Disruptions

Leslie M. Baker of Bristol Tenn formerly of Lubbock plans departure after a visit with his mother Mrs Ola B Stewart at 1920 9th St. Mrs J B Morrisset 2216 18th St hosts guests for Fourth of July including Orvie L Green of Santa Fe NM and Hollis L Green of Fort Worth. Stamp Club meeting canceled for July 4 holiday. US deputy district clerk office closed July 4 5 with reopening Wednesday. News also reports a car crash near the Lubbock Lynn county line injuring W S Reynolds and a separate injury in a Tahoka collision. Funeral services for Gary Dale Harris are pending. Harris died in Springfield Mo from gunshot wounds. Glen Vaughn of Earth undergoes right leg amputation after machinery accident.

Leslie M. Baker Bristol, Tenn Lubbock Ola B. Stewart 9Th St J. B. Morrisset 18Th St Orvie L. Green Santa Fe N. M Hollis L. Green Fort, Worth Gary Dale Harris Franklin Bartley Funeral Home Harris Joseph Harris Temple Springfield

Rescue Mission May Aid Foreign Aid Bill

The Johnson administration plans a rescue mission to Capitol Hill to back the $3.1 billion foreign aid bill amid committee friction. Critics in the Senate Foreign Relations Committee stripped the President of power to add countries and cut key administration provisions. Officials hope to meet after the July 10 recess as Dean Rusk and Robert McNamara bolster the administration stance. The plan includes nearly $600 million for military aid and two year authorizations facing debate, with Vietnam and allied efforts in focus.

Robert T. Gray Washington Johnson Capital Hill Senate Foreign Relations Committee Middle East J. W. Fulbright D-Ark Congress Dean Rusk Robert S. McNamara Foreign Relations Committee South Vietnam Palleres

Also Mentioned on This Page

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