Reds Intensify Base Attack in May Stock Slide
The Dow Jones industrial average fell 12.63 to 876.53 on Monday, marking a second straight session of losses and a near 30 point drop over two days. Volume rose to 16.49 million shares as traders weighed a mutal fund report and doubts about economic recovery.
MENTIONED IN THIS ARTICLE
United Press International
New York
Dow
Bradbury KK
Thurlow
Hoppin Bros
Hoppin
Nixon
U.S
Fifth Infantry
73Rd Airborne
Governors veto sparks call for one year funding plan
Austin legislators echo a one year funding approach after Gov. Preston Smith vetoes the full second year of the 1972-73 appropriations bill. Lt. Gov. Ben Barnes says the governor should have stated his stance earlier while Karnes praises the one-year plan.
MENTIONED IN THIS ARTICLE
Avalanche Journal News Services
Austin
Ben Barnes
Preston Smith
Smith
Karnes
Governor’s veto shields 1973 spending proposal criticized
The Texas governor announced a veto on a two year appropriation bill claiming runaway spending. He cited a 33 percent budget rise since 1970 and urged a one year bill after tax estimates. Legislators praised the veto while opponents argued for steadier funding.
Expansion Of Jobless Lists Cited
The government reports the biggest May jump in living costs in over a year, lowering the value of the dollar and dampening White House inflation hopes. Unemployment insurance claims rise amid high joblessness. CPI up 0.6 percent on seasonally adjusted basis, driven by apparel, used cars, homes, and postage. The 1967 dollar value slips to 82.8 cents. CPI at 120.8. Senate economist calls CPI rise alarming. calls for wage price guidelines and emergency talks. Commerce Secretary touts inflation improvement in Q1 1969, but later data show higher costs overall. See LIVING COSTS Page 6
MENTIONED IN THIS ARTICLE
Smith
Washington
White House
Labor Department
Bureau of Labor
Tve
Bureau
William Prinxmire
Wis
Senate House Joint Economic Committee
Lawrence F. O'Brien
Mixon
Sec. of Commerce
Maurice Stans
Stans
Afi-Cio 5 Seafarers International Union
Heavy fighting near DMZ as rockets pound Fire Base Fuller
United Press International reports Communist rockets and a ground assault hit Fire Base Fuller, five miles south of the DMZ. U S and ARVN air and artillery counterattacks deterred the assault amid broader Viet Nam operations and troop withdrawals fallen short of Nixon goals.
MENTIONED IN THIS ARTICLE
Saigon
Demilitarized Zone
Fuller
Dmz
South China Seacoast
U.S
Cambodia
Watchndane
Phnom Penh
Prayer for Deep Convictions in Life
A brief devotional prayer urging God to help believers form deep convictions about life’s true matters and to demonstrate them through actions, ending with Amen.
Local Man Mike Hubbard Plane Vanishes Over Texas
Lubbock businessman Mike Hubbard and Associates educational firm owner disappeared Monday after departing Fort Worth Meacham Field at 10 05 am in a maroon and white Cessna 112. Civil Air Patrol teams from Lubbock and Fort Worth searched severe thunderstorms but found no trace. Hubbard reportedly did not file a flight plan.
MENTIONED IN THIS ARTICLE
Civil Air Patrol
Lubbock
Fort Worth
Mike Hubbard
Hubbard
Hubbard and Associates
Meacham Field
William C. Cross
CAP
Courthouse Guards Find Odd Items in Handbags and Briefcases
An Associated Press survey shows federal courthouse guards nationwide routinely search handbags and briefcases for bombs or weapons. Items found range from comic books to sandwiches and underwear, with few serious hazards.
MENTIONED IN THIS ARTICLE
Associated Press
Los Angeles
Charles Myers
Raymond H. Fairbanks
Kansas City
Rains Hit Caprock as Summer Debuts Across State
Thundershowers fringe Caprock while heavy rains, twisters, and flash floods mark the first day of summer in the state. Eastland drenched by five inches in an hour, Snyder 1.90 inches, Guthrie Ning County 1.75, Stanton 1.60, with hail near Stanton damaging a farmer’s crop. Officials warn more storms to come as temperatures reach the upper 80s to 90s.
MENTIONED IN THIS ARTICLE
Caprock
South Plains
Eastland
Abilene
Fort Worth
Snyder
South Dickens County
Guthrie
Ning County
Stanton
Big Spring
Cable car spill on Mt Ranier. 1 dead 15 injured
A cable car carrying 25 to 30 Puget Sound Power and Light workers broke from its line and plunged 75 feet down a cliff near Electron Washington. At least one man was killed and about 15 injured. The incident occurred during a shift change at the power plant project near Electron, about 20 miles southeast of Tacoma.
MENTIONED IN THIS ARTICLE
Electron, Wash
UPI
Mt. Ranier
Puget Sound Power and Light Co
Electron
Tacoma
Aftershocks Ripple San Fernando Valley After Feb Quake
Six new aftershocks struck the San Fernando Valley Monday following the February 9 earthquake. Authorities received reports of minor damage from residents, including cracked dishes and a toppled refrigerator. Caltech seismologists logged the strongest tremor at 11 01 am CDT, magnitude 3 9 on the Richter scale, with foothill areas in the north valley most affected.
MENTIONED IN THIS ARTICLE
Los Angeles
San Fernando Valley
California Institute of Technology
CDT
Food Technology: Alverd Statson Cook Booking Up Weekly
Former chief engineer turned gourmet cook Alverd Statson launches a weekly column Food Technology in the Avalanche-Journal. Statson, a Lubbock resident and Connecticut native, ties his oil industry precision to experimental cooking, sharing global tasting and testing insights starting today on Page 3-B.
MENTIONED IN THIS ARTICLE
Alverd Statson
15Th St
Avalanche-Journal
Statson
Lubbock
Connecticut
Reward Offered For Odessa Woman Disappearance
A $1,000 reward is posted by O and L Well Servicing owners Bill Jones and O C Owens for information on the disappearance of Gloria Sue Nix Greene from the O S office on the Kermit highway. Law enforcement units from Ector Andrews and Winkler counties join the search as an air sweep is halted awaiting new leads.
MENTIONED IN THIS ARTICLE
Avalanche-Journal
Odessa
Gloria Sue Nix Greene
Bill Jones
O. C. Owens
O&l Well Servicing Company
American Bank of Commerce
Owens
West Texas
Andrews
Winkler
Ector County
Weather Map Page 3 A Lubbock Forecast
Chance for thunderstorms this afternoon. Light variable winds and partly cloudy skies prevail. High near 30. Low in the middle 60s.
MENTIONED IN THIS ARTICLE
Lubbock
Also Mentioned on This Page
Barnes
The
Lubbock, Area
Tech Page
Sec. C
Supreme Court
Manned Spacecraft Center
Sec. A
Comic Dictionary
Mutscher
Iveto
Barbara Lambert
Mist St
Yellowhouse Canyon
N. University
Daniel
Indochina
Price
Daniel Jr
rTegiments
KFYO
Adlio
James Taylor
U.S. District Court
Columbus
Ohio
Playboy
Taylor
Washington, D.C
U.S. Capitol
James Powell
Capitol
Little Rock
Ark
Federal
Deluges
Avalanche-Journal News
California Aves
Feeee
EK Paso
Amarilla
Houston
Albuque
Hobbs
Dallas
Denver Okla
Falta
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