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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jun 17, 1971

Page

2

Burns Proposes Federal Loan-Guarantee Board for ailing firms

Federal Reserve Chairman Arthur Burns proposed a federal loan-guarantee board with up to 2 billion dollars in backing to support private bank loans to ailing firms. He urged a permanent umbrella to save large companies and warned of broader economic risks if big firms like Lockheed fail. He noted 30,000 potential job losses and possible effect on airlines and banks.

Washington Arthur Burns Federal Reserve Board Federal Loan-Guarantee Board Lockheed Aircraft Corp Burns Senate Banking Committee Nixon Lockheed TriStar Penn Central Railroad Penn Central Federal Reserve William Proxmire Dwis Loan-Guarantee Board

Births in local hospitals greet new families

Congratulations extend to Mr. and Mrs. Davis Moore of 38709 23rd St. on a daughter born at 8:50 p.m. in St. Mary of the Plains Hospital weighing 6 pounds 10 ounces. Texas Tech student and electrician father. Other births include Mr. and Mrs. Robert Eugene Struve of Olton a son at 11:54 a.m. weighing 7 pounds 14 4 ounces at St. Mary of the Plains Hospital with farmer father. Mr. and Mrs. Victor Azua Vega of 1106 55th St. a daughter at 9:20 a.m. Wednesday in West Texas Hospital weighing 5 pounds 6 ounces. father with Farmers Coop Compress. Mr. and Mrs. Callen Roy Elliot of 3702 Bist St. a daughter at 3:10 p.m. Wednesday in West Texas Hospital. father employed by Webb Auto Supply.

Davis Moore 23Rd St St. Mary of the Plains Hospital Texas Tech Robert Eugene Struve Olton Victor Azua Vega West Texas Hospital Farmers Coop Compress Callen Roy Elliot Bist St Webb Auto Supply Ronnie Clay Methene Hospital

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