Oil Industry Assured Of Keeping Its Tax Allowance
Washington reports the oil and gas industry will keep the 27 1/4 percent depletion allowance after the new tax bill passed the Senate. Senators Williams and Aiken proposed cuts, Douglas sought a lower limit for small operators, but both were defeated. The Senate House Conference Committee will adjust differences. FPC funding may rise to support new interstate gas regulation following the Philips Petroleum Co. decision, with a supplemental appropriation under discussion.
MENTIONED IN THIS ARTICLE
Washington
Ashington
Russell Brown
America
Brown
Association
Senate
Joint Committee For
Senate House
House
Senate House Conference Committee
Sens. Williams
R-Del
Aiken
R-Vt
Sen
Douglas
D-Ill
IPAA
FPC
Supreme Court
Phillips Petroleum Co
Congress
Federal Power Commission
Budget Bureau
Dairy Price Props Cost Up If Senate Dairy Support Rises
A USDA economist estimates adding 5 percentage points to dairy supports to 85 percent would raise annual costs by about 100 million and lift the national butter bill to 760 million, with higher storage and prices. Surpluses already fill warehouses as consumption shifts.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Senate
Senate Agriculture Committee
Ezra Taft Bengon
House
Benson
Free 5 Week Vacation Trip For West Berlin Children
The U S Air Force launched its second kinderlift taking 288 needy West Berlin children to West Germany for five weeks. Twelve C47s departed Templehof Airport in drizzle carrying the first 288 of 1 440 children planned for flights this year. Most will stay with German families. 190 boys will be guests of the U S Army at a camp near Frankfurt.
MENTIONED IN THIS ARTICLE
Berlin
U. S. Air Force
West Berlin
West Germany
Templehof
U. S. Army
Frankfurt
Lamesa VFW Chapter to Launch Membership Drive
Lamesa July 12 Special The Creel Shropshire Chapter of Disabled American Veterans will start an extensive membership campaign early next week led by Tom Sawyer new membership chairman Renewals will be pursued before adding new members Officers named for the year include John W Gist commander Tom Sawyer senior vice commander Dennie C Gober junior vice commander William E Smith adjutant and treasurer Wayne J Clark service officer R L Price chaplain John H Childers sergeant at arms Clarence F E Wilson officer of day.
MENTIONED IN THIS ARTICLE
Lamesa
Creel- Shropshire
Disabled American Veterans
Tom Sawyer
Veteran's Organization
Sawyer
John W. Gist
Dennie C. Gober
William E. Smith
Wayne J. Clark
R. L. Price
John H. Childers
Clarence FE. Wilson
Donnie Gober
J. G. Kite
Frank Delaney
John Gist
John Childers
Clarence Wilson
Hobbs Plans Second Insect Spraying for Alleys and Bins
Hobbs city officials announce a second spraying round to curb polio. Lea County reports a fifth polio case and Hobbs records its fourth since June 12, Craig Schlotterback eight, is hospitalized in Plainview. Hart urges residents to clean cans and fit lids to reduce fly breeding.
MENTIONED IN THIS ARTICLE
Hobbs
N.M
Neal Hart
Lea County
Craig Schlotterback
Roger Schlotterback
Plainview Hospital
Hart
Hobbsons
New Pastor Assumes Petersburg Pulpit
Dr. J. Harvey Scott preached his first sermon at First Baptist Petersburg after transferring from Meadow Oklahoma where he served 16 months. He plans to oversee a new 500 seat church auditorium and he and his wife Erlene have three children Mary Ann J Harvey Scott II and George. He previously served as district missionary for southeast Oklahoma.
MENTIONED IN THIS ARTICLE
George
University of Oklahoma
Southeast
Oklahoma
College Courses Offered to Hobbs Residents at Eagle High
Hobbs New Mexico July 12 special college courses will be taught at Eagle high school this fall for Hobbs residents. Eastern New Mexico University professors will teach with GI Bill funding from the Veterans Administration. Ex servicemen and women may enroll and earn full resident credits if they maintain a C average, transferable to U S colleges.
MENTIONED IN THIS ARTICLE
William R. Leslie
Albuquerque
U. S
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Mahy
Edwy
Lamesa Chapter
VFW
Degolver
Dresser Dallas
E. L. DeGolver
First National Bank
Dallas
Dresser Industries Inc
South Africa
G. Rissik
South African Reserve Bank
Petersburg
DR. Scott
Scottie
California
Elbertas
Calif. Pascal
Hunt
Calif
Sunrist
PET
Libby
Dr.pepper
Veal
Nabisco
AJAX
PUREX
Rath
Swift
Wisconsin
Franks
N. College
Cauley & Welch
Optometrists
the Avenue
Lubbock, Texas
Dial
Pink’s Pottery
Lubbock
Block East
Ruidoso State Bank
Ruidoso
New Mexico