15 Nov 1972
Page 1
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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Nov 15, 1972
Page
1
Analysts note a broad rally driven by Vietnam peace prospects, Nixon re election, and strong third quarter corporate results. Dow Jones and S&P records rise, with NYSE and AMEX indices posting new highs amid bullish sentiment. market watchers caution over extended gains.
A gang of two masked men, a man and four women, seized a Burlington bank and fled toward Greensboro. They sought an airplane, rammed a police blockade, and were wounded or bruised in the pursuit. An FBI agent was shot in the arm. hostages were only slightly harmed as the vehicle was stopped on an interstate.
A massive early season storm lashed the eastern Midwest and seaboard with flooding and heavy snow. National Guard units were deployed in Michigan and Ohio to rescue residents along Lakes Erie and Huron. New York City set near record rainfall while traffic froze and a bus crash killed a driver on Long Island.
A Sunbreak reports from the Weather Service in St. Paul as readings show intermittent sunshine over Mone Minnesota, marking the first observable clear day in weeks. Officials note scattered clouds and a mild temperature trend across the day.
Fort Stockton High School will forfeit its football game at Odessa after school officials cited repeated night incidents and a failed time change request. The forfeit marks a 1-0 district 2AAAA record for Fort Stockton and stems from safety concerns expressed by superintendent James G Huckaby and principal Luther Guffy.
An unidentified man rushed into a Brooklyn check cashing firm and shouted that a clerk’s car was on fire. He fled as a small blaze near the front door was put out. The clerk reported $27000 missing from the safe.
James F. Thompson Jr. 26, Dallas administrator of Lynn County Hospital, died in a single engine Cessna crash 18 miles northeast of Breckenridge. Missing since Sunday, Thompson was found in the wreckage by Tahoka friends Day ton Parker and Ronnie Eagle as Civil Air Patrol searched vast Texas airspace. Justice of the Peace J B Duvall ruled death accidental, with last radio contact at 6 03 p m Sunday. Survivors include wife Barbara and son Tobe.
A devotional note from a reader asks for divine blessing to comfort the sad, lonely, and discouraged. The request closes with Amen.
Roy B. Davis of Lubbock received the Texas Farm Bureau distinguished service award for outstanding work in agriculture. Davis is a former general manager of Plains Cooperative Oil and served as chair of the National Cotton Council in 1969. Delegates at the 39th annual convention opposed price fixing in livestock and moved to labeling imported meat and standardizing inspection for foreign meat. J T Woodgen of Fannin County, president of the bureau, cited an emergency plan to move fruit and vegetables to consumers during farm labor strife.
Avalanche-Journal reports a week long probe found no crime in the election night note incident. Co Attorney Alton Griffin said the actions did not meet criminal definition and outlined surrounding circumstances with involved parties Mark Smith and John Coffey Jr. The note writing led to one Jackson school box staying open 30 minutes past polls closing.
Former U S Rep Martin Dies Sr aged 72 died here Tuesday night of an apparent heart attack. He served over 20 years in Congress and chaired the House Committee on Un American Activities which probed Communist party activity in the 1940s. He was once a possible vice presidential candidate and advised President Roosevelt.
West Point officials investigate reports of a ghost with a handlebar mustache and Civil War musket seen by at least three cadets. A spokesman notes possible prank by future officers and cites prior ghost lore at the academy while stressing cadets are not supposed to hoax.
USDA announced a 1.5 million acre national allotment reduction and elimination of the set aside for 1973. The plan sets a 10 million acre allotment, no idle set aside, and a 15 cent per pound payment rate, with a 9. National Cotton Council and Plains Cotton Growers urging no changes. Representative Mahon welcomed the program but warned of potential cotton payments cuts to farmers.
Partly cloudy and warmer for the Lubbock region today with a high near 66 and a low around the middle teens. New rain is expected as southerly winds up to 8 mph help move in.
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