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Lubbock Avalanche Journal in Lubbock, Texas

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

May 29, 1962

Page

1

Growth and blue chip stocks plunge on marketwide selloff

The 1908 style decline hits growth and blue chip issues as the market records heavy volume and steep losses. American Telephone drops to 100.62, DuPont to 202.50, IBM to 61, while the Associated Press index falls 13.40 to 211.20 as industrials, rails, and utilities slide.

Wall Street Chicago San Francisco Exchange American Telephone du Pont International Business Machines Seo Stock Mart

Severe Texas storms bring hail dust and tornado risk

A line of thunderstorms across central Texas battered towns from Levelland to Dallas Fort Worth with hail up to golf ball size and winds near 70 mph. Tornado warnings were in effect in the P'sine Basin area while Irvings near Dal las reported a possible tornado. No major damage reported by late hours as rainfall drenched San Angelo Vernon Wichita Falls and other cities.

South Plains Texas Levelland Lubbock P'sine Wichita Falls Dallas-Fort Worth Irving Dal- Miss San Angelo Seymour Knox Qty Knox Cty Vernon Abilene Dinate San Antonio Waco Austin

YWCA Dorm Blast Kills Girl in Wichita Falls

A YWCA dorm blast in Wichita Falls fatally injures 11 year old Theresa Terris and injures another girl as debris crashes onto them. Fire officials report a structural failure caused the collapse and fatalities in the incident.

Wighta Falls YWCA

Solvents Firm Pledges Fertilizer Access for West Texas Farmers

Commercial Solvents Corp says it has reached a federal court approved agreement with the receiver of Billie Sol Estes’ businesses to supply fertilizer through former Estes facilities in West Texas. The arrangement aims to keep Estes fertilizer operations going while his empire faced fraud charges and collapse.

Auvacated Premercial Solvents Corp Billie Sol Estes West Texas Estes Ae Nee Wwe Cial Solvents New York Chemical Coin Texas Financial Harry Moore Jr Thomason

High-Altitude N Tests Loom Over Pacific

The Defense Department and Atomic Energy Commission announced a four day lead time for a series of high altitude nuclear tests over Johnston Island in the Pacific. The initial blast will be below one million tons of TNT and occur at an altitude of several hundred miles, with the tests expected to include the highest explosion yet.

Washington UPD United States Johnston Island Pacific Defense Department and Atomic Energy Commission

Tech Honors Mahon and George Mahon at Lubbock Commencement

Texas Tech held its 36th annual spring commencement at the Lubbock Municipal Coliseum with Rep. George Mahon receiving an honorary Doctor of Laws. The ceremony faced disruption as winds halted the program and prevented individual degree ceremonies, though five honor graduates and a large graduating class were announced.

Maron George Mahon Texas Tech R. C. Goodwin Tech Fred H. Moore Mobil Oil New York Moore Dudley Lynch Othets Avalanche Journal Usvey Callther Teas Tech Fred H Pro Mobil Oi Co. J Lubbock Municipal Coliseum Lubbock Richard Terry Sharpe Weatherford Dorcas Ann Pettigrew Turner Jacksboro David Lee Patton Business Administration Sante Fe Ronald Collins Hyatt Engineering Greenville Prisyoul Ann Gibson Home Economlex

Start In Grain Storage Cited By Estes Probe

Washington reports the Agriculture Department denied favoritism to Billie Sol Estes and said grain storage operations under Eisenhower were financially responsible. Testimony referenced bond coverage for Estes’s grain storage and questioned department officials about involvement. Grand jury and congress inquiries continued into Estes and related cotton allotments.

Jashington Agriculture Department Billie Sol Estes Texas Eisenhower Texan I Granklin Moseley Anid

Jury Given Curt Report In Entec Legal Matter

A terse court filing names the chief of Entec’s legal staff as a key witness in a Curt Report matter. No further details are provided in the fragment.

Testify Entec’ Legal Staff

Budget Requests Okayayed by Tech Board for 1964 65

Tech board approves the 1964 and 1965 budget requests totaling about 10.7 million and 10.9 million dollars respectively. They consider a possible law school at the college and authorized a federal loan to construct two new dormitories on campus.

Law Tech Board Jerry Mall Sanche-Journal Res Tech CL Wall Amarillo Manuel PeBusk Dallas Law School Gerald Thomas School of Agriculture Caleg Pla Ee Saas

Fight, but seldom spends it right in Budget Notes

A compact market note reflects on money management and frugal budgeting. The column contrasts prudent spending with habitual overreach, urging readers to align finances with long term goals amid shifting economic signals.

Prayer text item mentioning Mrs. Donald Gum

A brief prayer from Lubbock noting devotion to Christ and service through Jesus Christ in a church or religious notice. The message emphasizes knowing and loving God and serving Him as perfect freedom, attributed to Mrs. Donald Gum.

Jesus Christ Lord Donald Gum Lubbock

Passenger suspected in Continental crash probe

Centerville investigators weigh murder suicide theory in a Continental Airlines jet crash after a brown leather briefcase may have concealed an explosive. FBI agent W. Mark Felt leads the on scene inquiry as officials caution on details.

Centerville Continental Airlines W. Mark Felt An. FBI

Also Mentioned on This Page

USDA Scott Carpenter Marion Scott Carpenter Denver Carpenter Colorado Steve McNichols The Panhan Wey Wichita Theresa Terris Hea Hier Arnival Meese Mahon Lette Prom Deli Wisco Mequon Houston J. A. Jachimenyk Ballou
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