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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Oct 03, 1972
Page
8
The weekend weather in the Midwest spurred expanded harvests and broad selling in Chicago Board of Trade futures. Soybeans fell over 9 cents, wheat and corn eased, soymeal dropped, and oats and iced broilers edged lower as market activity slowed and hedging rose on corn and soy pits.
AP brief reports NYSE with 507 advances and 501 declines as trading opens. Most active Levitz Furniture trades amid $12.44 million in sales while AMEX notes 42 advances and 505 declines. Chicago grain prices fall with wheat and corn lower.
The Fort Worth market shows bid ranges for grain as hard red winter wheat domestic 2.0994 to 2.1475 per bushel and export 2.27, No 2 yellow corn at 1.62, No 2 barley 1.41 to 1.44, No 2 white oats around 1.00, and No 2 yellow grain sorghum also listed.
Two Lubbock men and a Snyder resident faced misdemeanor sentences before Judge Edwin H. Boedecker. Donald Ray Jordan 41 was fined 100 dollars and costs and sentenced to six days in jail with seven months probation for DWI. William R. Rainwater 28 received 75 dollar fine and costs and five days jail probation six months. Dennis L. Saunders 49 was fined 75 dollars and costs and sentenced to two months in jail probation six months for procuring.
A strong tremor rattled central Chile along a 400 mile Pacific coast, lasting just over 30 seconds with intensity reported between 5 and 7. Police reported no casualties, some bruises and injuries from falling objects, and telephone outages lasting about 30 minutes. The epicenter was estimated near Villa Alemana, about 90 miles from Santiago.
The 95 day Northwest Airlines strike ended with a commitment to restore minimal service to more than 50 cities within a week. Labor official W. J. Usery Jr. announced ALPA and Northwest reached a settlement after an overnight bargaining session. The contract averages 29.5 percent over three years from July 1, 1971, to June 30, 1974.
A petition in bankruptcy was filed Monday in the U.S. District Clerk's office by J.C. Chitwood of Denver City. Chitwood, a custom farmer, operates in several areas for the South Plains.
Sen. George McGovern accused President Nixon of the worst leadership in U.S. history and pressed for face to face debates. He defended Eagleton’s ouster, denounced Nixon for corruption, and drew large crowds at Newark Military Park with local leaders and Rutgers students in attendance.
United Press International reports Moscow halted its five day airlift to Syria with about 25 flights totaling 1 000 to 2 000 tons. Cairo and London sources say Aziz Sidky will visit Moscow on Oct 16 to seek Soviet spare parts and a limited security aid deal as Sadat eyes a potential summit with Brezhnev.
The House approved a 255 million emergency medical services bill despite committee disputes. Speaker Carl Albert cast the deciding vote bringing backers to 244 in favor and 122 against. The measure would fund faster emergency care, expand federal coordination, and support research and training over three years.
The Texas Senate voted to provide space in the Capitol for lieutenant governor-elect William P. Hobby after the November 7 election. The plan covers space from November 18, 1972, until January 1973, with Hightower noting it ensures orderly transition and continuity. No staff were planned for Hobby at that time.
AP dispatch reports Ton James Rice a longtime FBI ten most wanted fugitive surrendered in Chicago saying he tired of running. At 36 he worked in Cicero Illinois under an assumed name and faces charges for a 1966 Mountain View California armed robbery and murder with $30,000 loot.
Lester B. Dill owner of Meramec Caverns on Route 66 answers what it takes to run a thriving cave. He states the key is simply a hole in the ground filled with tourists.
Four Lubbock teenagers were jailed about 5 30 p m Monday after officers found partially smoked hand rolled cigarettes believed to be marijuana. Arrested were two 19 year old males a 17 year old female and a 14 year old girl. Police were checking an auto when arrests occurred.
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