Gold Prices Fall as Markets React to Two-Tier Ending
European and U.S. markets tumbled Wednesday after the Fed announced an end to the two-tier gold system. Prices eased but closed lower across major centers with New York down 71.15 points on the Dow and London and Zurich posting losses as dealers anticipated future selling.
MENTIONED IN THIS ARTICLE
London
Dicatee
Washington
Arthur F. Burns
Federal Reserve
Belgium
Britain
West Germany
Italy
Netherlands
Switzerland
Europe
U.S
Frankfurt
Burns
United States
International Monetary Fund
South Africa
Stephanus J. Muller
Zunch
Record Heat Hits Lubbock On Back-To-Back Days
Lubbock posted a 79 degree high for the second straight day, a fifth record this month, while El Paso and San Angelo also logged new highs. Forecasters expect a cold front to drop temperatures to near 70 with clearing skies and gusty winds easing.
MENTIONED IN THIS ARTICLE
Ad News Services
al Row
Lubbock
el Paso
San Angelo
Alice
Judge Bans Hunt Case Evidence Sees possible dismissal in Dallas wiretap case
US District Judge Halbert Woodward granted defense motions to suppress evidence in the Hunt wiretap case and could drop charges against Dallas billionaire H L Hunt and his brothers Nel ton and Herbert. The ruling bars evidence obtained by Richardson police and FBI from the arrest of John Kelly on January 16, 1970, citing Fourth Amendment violations. If not appealed or upheld, charges may be dropped.
MENTIONED IN THIS ARTICLE
Halbert
Woodward
Dallas
H. L. Hunt
Hunt Brothers
Nelton
Herbert
Hunt Oil Co
Hunt
Woodwant
Richardson
Federal Bureau of Investigation
John Kelly
Houston
Kelly
George Taylor
Nother Houston
Patrick McCann
FBI
U.S. Atty
Richard Stevens
Fifth
Weather map page reports clear, cooler pattern for Lubbock area
The forecast calls for clear and cooler conditions today with mostly fair skies Thursday through Friday. Highs near 70 Thursday and Friday, with overnight lows in the upper 30s and westerly winds of 10 to 20 mph.
MENTIONED IN THIS ARTICLE
South Plains
Gulf
National Weather Services
Texas
South Tex
Topeka
Kan
Dalhart
Detroit
Mich
Nashville
Tenn
Laredo
Louisiana
Arkansas
Roswel
N.M
Springfield
Harrisburg
Penn
Binghamton
Great Lakes Area
Central Plains
Lubbock
Democrats to White House for Nixon lunch meeting
The White House said 50 to 60 House Democrats will have lunch with President Nixon to discuss Watergate energy problems and the world situation. Deputy Press Secretary Gerald L. Warren noted the guest list is being compiled by Rep. Joe Waggonner and White House lobbyist William Timmins.
MENTIONED IN THIS ARTICLE
Washington
White House
Nixon
Gerald L. Warren
Joe Waggonner
D-La
William Tim ‘Mnons
Area Youngsters Cheer Ailing Girl
Dreama Sue Hager, a Cleveland Ohio second grader, suffers from Dawson's encephalitis and cannot do things on her own. Her plight prompted area students to send get well cards, with a Tubbook district class contributing a packet from Eunice New Mexico.
MENTIONED IN THIS ARTICLE
Eunice
Dreama Sue
Cleveland
Harry Hagerman
Dawson
Anne Ray Fraser Avila
Dreama Sue Hager
Ohio
Harry Hager
Tubbook
Dreama
Avalanche
Nlm
Kellen
Nee Area
Court Holds Bork Erred In Firing Cox
Washington AP reports a federal judge ruled that firing special Watergate prosecutor Archibald Cox was illegal. The decision orders Cox’s return, though he indicated he will not resume his duties. Judge Gesell warned impeachment talks loom over Nixon and called the firing a serious misstep.
MENTIONED IN THIS ARTICLE
Washington
Con
White House
Geseil
Justice Department
Bork
Cox
Congressional
Gesell
Kiesell
Jaworski
Congress
Ralph Nader
C Gesell
Nixon
Bella Houg
Trn.y
Hightower May Seek U S House Nomination From Amarillo District
State Senator Jack Hightower of Vernon is expected to pursue the Democratic nomination for U S Representative in the Amarillo Wichita Falls district. A reliable Austin source says Hightower plans to run against incumbent Republican Bob Price, who has served in the House since 1967. Hightower would appear at events in Plainview and Wichita Falls as part of early campaign activity.
MENTIONED IN THIS ARTICLE
Jack Hightower
Vernon
Avalanche-Journal
Amarisk
Wichita Falls
Bob Price
Pampa
Price
Hightower
Austin
Vernim
Plainview
Plaine
Dolph Briscoe
Hale County Agriculture Center
John Stoneham
Lloyd Restsen Jr Putin
Jury to rule on Last Tango in Paris obscenity in Lubbock
Six jurors in Ralph E Boyd obscenity trial are to deliberate today after final arguments at 9 a.m. The panel includes a Monterey High teacher and a Texas Highway Department employee among others. Dr William Jones of SMU testified the film centers on death more than sex and could be a teaching tool in the right context.
MENTIONED IN THIS ARTICLE
Tom Wells
Avalanche Journal
Ralph E. Boyd
Lubbock
Monterey Hach
Lubbock State School
Texas Highway Department
President's Commission of Pornography and
William Jones
Southern Methodist University
Alton Griffin
Jones
Senate OKs fuel allocation bill for Nixon to enforce
The Senate approved an energy bill sending to the White House that would require Nixon to prepare and implement the allocation and distribution of fuels in short supply. It seeks equitable distribution to protect health safety welfare and essential operations while allowing later emergency powers to curb fuel use.
MENTIONED IN THIS ARTICLE
Steve Gerste
Washington
UPI
Senate
Nixon
White House
Congress
Alaska
Niven
Mansfield Ale
House
Interior
Henry M. Jackson
Wash
Prayer Card Blessing for the Day
A reader offers a simple morning prayer asking for guidance to walk in God’s footsteps and to avoid evil, praying in Jesus name for daily strength and moral resolve.
MENTIONED IN THIS ARTICLE
Heavenly Father
Jesus
Use Yule Lights Utility Urges Pottstown
Philadelphia Electric Co cautions against energy waste during holidays noting that 30 Christmas lights use less power than a 100 watt bulb. A 50 light string burning 24 hours daily for 31 days costs about $92.96, while a frost free refrigerator would consume about $8 in the same period.
MENTIONED IN THIS ARTICLE
Pottstown
Philadelphia Electric Co
A J Markets Upgraded with New Data Service
The Avalanche Journal announces an enhanced farm and business section with the Associated Press Dataspeed service going live. The new system mirrors Dow Jones and Wall Street Journal wire, expanding quotes for NYSE and AMEX, plus options data.
MENTIONED IN THIS ARTICLE
Avalanche Journal
A-J
Associated Press
A J
Dow Jones
The
Wall Street Journal
New York Stock Exchange
American Stock Exchange
Chicago Board
Shulsky guides readers through stock market questions plainly
Downto earth column by Shulsky blends practical finance with direct answers to reader-investor queries. A veteran journalist, he recalls early stock quotes and his long involvement with Wall Street from high school onward, noting the 1929 crash and its lasting impact on market sentiment.
MENTIONED IN THIS ARTICLE
CNS
Bbond
Wall
Tare Shulsky
Shulsky
Lin Finance
Wihenhano Fa
Also Mentioned on This Page
Tegal
Stock Mart
Solons
Solon
U.S. Post
Castella
Calif
California
Robert W. Bork
House of Representatives
Leon Siworski
Leon Jaeworski
Howe Commerce Committee
Mike Mansfield
Mansfield
Tte
John A. See
Wisconsin Beatery 69
Monroe
Germard Gesell
Ilegally
Family
Playboy
Wall Street
Bee
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