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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jun 06, 1962
Page
1
Former Presidents Herbert Hoover and Harry S. Truman shared an informal chat during a New See Tuesday reception in New York City. The event honored astronaut Scott Carpenter as part of a prominent social gathering.
The Texas Board of Public Accountancy suspended Lubbock CPA Winfred Paul Jackson for two years after a board hearing. He prepared a balance sheet showing Billie Sol Estes worth over 13 million, then rewrote the figures from Estes supplied papers, with no tests of records. Estes faces federal fraud indictment and congressional inquiry.
21 year old Texas Tech student Stephen Rass Loe Jr. died after his foreign car overturned four times on U S Hwy 62 north of Brownfield at about 6 05 p m. He died at a Brownfield hospital at 6 30 p m. Funeral arrangements pending. Survivors include his parents a sister Mrs June Bearden and grandmother Mrs A L Baker all of Brownfield.
United Press International reports Richard Nixon captured the first round of California's GOP gubernatorial primary, leading Shell with about a 2 to 1 edge as returns from 6,255 of 31,212 precincts showed Nixon ahead in Los Angeles County. Brown-led Democrats won their nomination in California.
A Pecos physician identified Estes aide Billie Sol Estes, prompting Dunn to pursue possible banking law violations. Dunn met with FBI contact Dan Smoot in El Paso, but the FBI found no violations. The case was referred to Washington with insufficient evidence for action.
In Paris AP reports condemned No. 2 OAS chief Edmond Jouhaud pleaded Tuesday night for an end to terrorism in Algeria. Amid the appeal 5,000 French troops swept Mustaganem seeking OAS field leaders and headquarters while Jouhaud’s fate rests with President de Gaulle.
The article notes JFK facing AMA scrutiny in Rage 8. It highlights Woman's news items and sports highlights across sections B and E, with Maree reporting on key developments and page placements.
A hot dry year drives higher city water consumption and revenue in Lubbock. Officials report a gain of about 10,000 dollars over projections since October 1, boosting funds for future projects as residents consume more water.
Casey Charness Jr., the Avalanche-Journal spelling bee champ, spoke after touring Washington with his parents and brother. He eyed the 35th National Spelling Bee with optimism, saying all 69 contestants are potential winners and noting he has studied hard with his mother and in school.
A single engine plane on a flight from Wichita Kansas to Amarillo crashed in a pasture east of Panhandle, Carson County. The pilot, 58 year old B Wepzler of Merced California, was critically injured and taken to an Amarillo hospital. The crash occurred on Sheriff John Nunn’s ranch after the aircraft ran out of fuel amid strong head winds.
A volatile session on the New York exchanges saw stocks fluctuate on tax cut expectations and upbeat economic signals. By session's close leading issues showed net gains while overall sentiment remained uncertain amid uneven trading volumes and limited catalysts.
Thunderstorms swept across the Panhai to Tahoka region and the Turkey area, dropping hail up to golf ball size and causing zero visibility from blowing dust in Brownfield. A tornado was seen near Pampa but dissipated. Vernon reported a small twister damaging a building, while Lubbock recorded a brief shower and dust cover. No injuries reported.
The stock market shows sharp moves as investors react to mixed economic signals. Analysts, including LESLIE CARPENTER, note volatility in major indices and brief rallies in blue chip shares before renewed trading uncertainty.
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