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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

May 20, 1960

Page

9

Indictments in 2 Million Dollar Stock Swindle

A federal grand jury returned 50 indictments in a two million dollar stock swindle spanning 30 states. Three Canadian firms and 47 individuals from New York, Florida, Canada, California and the West Indies faced charges of mail fraud and securities violations. Indictments cover Atlas Gypsum Corp. stock sold for up to 3 per share after 0.20 bought, with over 2,000 victims and at least 800,000 collected. Bail ranges from 10,000 to 100,000 as Judge Anderson weighs flight risk.

New Haven Conn Securities and Exchange Commission Commission New York City Florida Canada California British West Indies Atlas Gypsum Corp. Ltd Ontario W. Paul Flynn U. S U. S. Dist Robert P. Anderson Carmine Lombardozzi Brooklyn N. Y Atlas Gypsum Corp Northwestern Securities, Ltd British Columbia Harold M. Kerr, Ltd Alberta

Farm Bureau Backs Cotton Quota Plan for 1961

The American Farm Bureau Federation endorses legislation to maintain the current federal marketing quota for extra long staple cotton at 66 500 bales in 1961. Supporters say demand for this cotton is rising, and without action the quota would fall to about 36 000 bales.

Washington American Farm Bureau Federation

Texas teacher fired over Khrushchev remark at high school

Winston McDaniel of Robert E. Lee High School was fired by unanimous board vote after a student tape captured him calling Khrushchev the greatest man in the world and saying Francis Powers should be put to death. Superintendent Virgil Blossom said conduct prejudicial to the district justified dismissal and that McDaniel sought only objective thinking.

San Antonio Tex I San Antonio News Nikita Khrushchev U.S Francis 3. Powers Paul Thompson Winston McDaniel Robert E. Lee High School McDaniel Virgil Blossom Blossom Little Rock Ark Thompson United States Soviet Union A. K. Flory Khrushchev Powers

Bipartisan splits show GOP favor on business versus ACA on welfare

The Ameri cans for Constitutional Action credits 14 senators and 108 representatives as pro sound money local self government and private enterprise, mostly Republicans with a few Democrats. The ACA counters with 38 senators and 162 representatives supporting welfare state and high spending. An Adm. Moreell calls the trend discouraging for presidential contenders.

Washington Americans For Constitutional Action ACA Adm Ben Moreell

Also Mentioned on This Page

Farm Bureau DISCOUNT _ CENTER Gibson's Gibson’s Aluminum Prague Czechoslovakia Presidium N. V.podgorny Nikita Texas GOP Senate House Harry F. Byrd A. Willis Robertson Virginia Frank J. Lausche Ohio John J. Williams Delaware Barry Goldwater Arizona John M. Butler Maryland Roman, AL. Hruska Carl T. Curtis Nebraska Styles Bridges Norris Cotton New Hampshire Andrew F. Schoeppel Kansas Henry C.dworshak Idaho Wallace F. Bennett Utah Bourke B Hickenlooper Towa Vienna Gibson Adjustat Streag Emerson Ree Multifier PRI SAT SUN
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