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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Jun 21, 1971

Page

11

Citibank under fire in Nader report on practices

The Nader study accuses Citibank of aggressive lending and high default judgments, noting 15 000 lawsuits in 1970 and large profits from aircraft leasing while criticizing tax deals and limited city revenues. Citibank defends measures to improve service and employee relations and denies cooperation gaps.

Citibank Penn Central Lockheed Reuben Richards FNCB Nader Peo

Draft calls unlikely for July as draft officials project

Draft officials say July may see no calls as they give 30 days notice. The Army pushes recruiting with new inducements while June typically sees a surge from high school grads. 4,090 graduates with low numbers expected to be draft available by August. Senate lowers ceilings to 130000 and 140000, but impacts July–August are limited. Pentagon estimates 114000 for the year beginning July 1. Lottery numbers stay at 125 with 170 last year. officials still expect no calls above 190 this calendar year.

Army Senate Pentagon

Ralls Girl Elected First Negro Governor At Bluebonnet Girls State

Seguin AP delegates to the 27th Bluebonnet Girls State elected Glenda Brown of Houston Farr High School as governor and Linda Cox of Balls as a justice of the court of criminal appeals. Becky Crosby and Angelique Montgomery won lieutenant governor and attorney general respectively as a record 486 attendees study government all week.

Spearman Jill McCarty el Paso Bel Air Jody Whitfield Smithville Marcy Barnard Austin Travis Frances Niccolai Clear Creek Pam Stanton Texas City Supreme Court

Suspect Joins Police Burglary Probe in Le Comte

In Le Comte France AP report Joseph Barteau 22 offered to aid detectives in a string of about 50 unsolved burglaries. After questioning authorities charged him with the crimes.

Verdict in Science and Humanism Seminar Sparks Debate

jurors in three panels found 19 guilty and 13 innocent while considering technology and ethics at the Institute of Man and Science dedication of the Guggenheim Pavilion. Noted witnesses and experts warned of war, privacy, and the moral limits of scientific power as they debated deterrence and humanity.

Institute of Man and Science Guggenheim Nizer Congress John Carey New York Jerome Shestack Philadelphia Alvin Weinberg Oak Ridge National Laboratory Ralph E. Lapp Lapp Richard J. Barnett Institute For Policy Studies Defense Department Courtney Blackman Peter M. Sanwyck

U N Report Links U S Cutbacks to Global Slowdown

The report shows worldwide GDP growth slowing from 5.1 to 3.8 percent between 1968-69 and 1969-70, with developed market economies dipping from 4.9 to 2.6 percent and developing countries from 6.0 to 5.0 percent. Inflation and wage rises are noted as key pressures, with Thant calling for currency mechanism reforms and tighter wage controls amidst rising unemployment and welfare growth.

United States

Gordon argues inflation tied to unemployment for postwar economy

Gordon contends that lasting low inflation requires permanently high unemployment, not temporary pain. He estimates 1972 Q4 at full employment under 4 percent would yield about 3.5 percent inflation, while 6 percent unemployment near 3 percent. The view challenges economists though offers paths in Brookings Papers for policy shifts under Nixon.

Gordon Nixon Brookings Papers

Fear Big Quake Group Quits California to Found Churches

The Apostolic faith group leaves California for Independence Missouri Murfreesboro Tennessee and Albuquerque New Mexico forming independent congregations It funds a $35000 brick church along with an auditorium and school and teaches by men in high school grades A preacher says visions foretell West Coast doom with a large quake by 1977 and coast sinking episodes ahead

California Independence Murfeesboro Tenn Albuquerque N.M Apostolic Faith Nolan Abernathy Abernathy Kennett West

Tuftwick Carpet in Lubbock Holds Storewide Clearance

Tuftwick Carpet Co. at Slide Road and Brownfield Highway in Lubbock offers a storewide clearance to move 7,500 yards of 1971 patterns before mid July. Four installation crews, up to 36 months credit, no interest 90 days, and immediate installation are highlighted along with a broad selection and easy terms.

Tuftwick Tuftwick Carpet, Inc Slide Road Brownfield ‘Highway Lubbock Tuftwick Lubbock Brownfield Highway Tuftwick Team The Big Tuftwick Carpet Co Taylor Tuftwick Carpet Co

Draughon's Offers Career Guidance for Seekers in Lubbock

Draughon's Business College in Lubbock promotes its courses for college students and professionals seeking higher income and security. It asserts strong demand for trained business specialists and invites interested individuals to contact 1414 Texas Ave for details.

Draughon’s Lubbock Draughon's Draughon's Business College

Also Mentioned on This Page

New York Bank First National City Hall Boeing Ple Ralls Weinberg U.N U.S Soviet Union Thant Europe State Bank Xtabio Hughes Cleaning Service Holiday Travel Trailers, Inc Brownfield Hwy Cliff Jones Gene Gipson la Cumbre Restaurant Cactus Alley Dawson Wong’s Mister Shop MEN & Boys Boys Johnston’s Farr’s Safeway Kimbell Ady Inquire Tereave Tenn Maurse Keypunch of Lubbock, Inc Texas St. Campi Family Park Mary Williamson Wornices S.E. OF Methodist Hospital Knoxville Gordon Mahon 49Th Party Hut Hallmark Cards Mary Garrett Forever Young Sportswear Silver Wheel Dolores Cerovski Master Pool Sunplay
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