Government readies credit curbs to slow home building
The FRB FHA and VA plan midweek moves to curb credit and trim the 1,300,000 yearly home units. New rules would demand higher down payments on luxury homes and extend tighter controls to autos and appliances, aiming to curb inflation.
MENTIONED IN THIS ARTICLE
Charles Molony
Associated Press
Ashington
Federal Reserve Board
FRB
Federal Housing Administration
FHA
Veterans Administration
International News Service
White House
INE
Mid-Century Fair Sets Attendance Record
The Mid-Century exposition closed with 140,086 attendees for the week, the largest Panhandle-South Plains fair in 15 years and third biggest in 38 years. Final day drew 21,738, despite clashes with football games, while Panorama of the Plains cost about $15,000 and premiums totaled roughly $12,500. A final audit will determine whether the grandstand spectacle broke even.
MENTIONED IN THIS ARTICLE
the Plains
Ella Lou Brown
L. E. Brown
Avenue G
Charles Forehand
Haskell
Veterans Administration
Kenneth May
H. I. Kiefer
Avalanche-Journal
Rpne
Neil Wright, Jr
The
Fair Association
Panorama
Trac
I Atr
UN Approves Crossing Of Korea Border
United Nations General Assembly grants final approval for UN troops to cross the 38th parallel into North Korea. South Korean divisions advanced into enemy territory as US forces mass along the line awaiting orders. The vote 47 to 5 with eight abstentions endorsed full UN authority to pursue unity and independence for Korea.
MENTIONED IN THIS ARTICLE
A. I. Goldberg
Associated Press
EW York
United Nations General Assembly
Korea
North Korea
United States
Assembly
South Korea
Security Council
Douglas MacArthur
Arab League
India
Truman Names Alan Valentine Economic Stabilization Chief
President Truman appointed Alan Valentine former head of the University of Rochester as economic stabilization director to supervise wage and price controls amid inflation risks from the Korean war. He will rank second to the mobilization director in the home front controls as the government forms its wage board and price chief posts.
MENTIONED IN THIS ARTICLE
Washington
INS
Truman
Alan Valentine
University of Rochester
White House
Chesae Bay
Malentine
W. R. Sfimington
Pe Sih Son College
Professi
Rames E
Turkey closes Bulgarian frontier says Ankara dispatch
Reuters quotes an Ankara source saying Turkey has closed its Bulgarian frontier amid reports of border tightening. The London dispatch notes the action was confirmed by a Turkish official cited in the report.
MENTIONED IN THIS ARTICLE
London
Reuters
Eda An
Turkey
Ankara
Fire Prevention Program and Church News Highlights
Summary of a local paper referencing a Fire Prevention Program, a Lubbock group visiting a fair, and various sections including an editorial, family reunion notice, church news, and oil news across South Plains on pages 1, 2, 6, 10, and 11.
MENTIONED IN THIS ARTICLE
Lubbock
South Plains Oil News
Veil of secrecy lifted as military plans disclosed
Top generals outlined a major expansion to build a 3 million strong armed forces over years, with deeper belt tightening and widespread home impacts as drafts rise and defense jobs grow. Hearings before the House Armed Services committee revealed targets for Army Air Force Navy and Marine Corps expansion and long range programs.
MENTIONED IN THIS ARTICLE
U. S
Kremlin
Army
Navy
Air Force
Marines
House
Armed Services Committee
Marine Corps
Acheson Voices New Peace Hope
Secretary of State Acheson says rearmament of the free world could alter Soviet policies and enable a peaceful adjustment with Russia. He warns that without strengthening defenses, the alternative is greater danger and possible disaster as he urges Americans to avoid talk of preventive war.
MENTIONED IN THIS ARTICLE
New York
Acheson
Free World
Russia
Farm leaders warn of cotton seed shortage for 1951 crop
Farm leaders warn that a shortage of cotton seed for planting the 1951 crop could hamper yields. They cite protection measures and seed supply concerns as key factors driving the shortage.
Rose sterling six piece place setting ad
A compact ad fragment offers a six piece Rose sterling place setting priced at 24.75 dollars. It appears in a retail listing alongside other tableware promotions from King's Jewelry.
MENTIONED IN THIS ARTICLE
K Rose
King’s Jiry
Suspect Held In Swindling Case
A 29 year old Lubbock man E J Pearson of 707 Hub homes was arrested at the TNM&O bus station on a warrant charging felony swindling. Pearson was indicted Oct 4 by a 99th district court grand jury for allegedly obtaining an automobile with a worthless check on Oct 12 1949. Bond set at 1900. deputies F H Bolen and George Eubank made the arrest.
MENTIONED IN THIS ARTICLE
Lubbock
E. J. Pearson
Tnm&o
Pearson
99Th District Court
R. A. Sanders
Ingraham Auto Exchange
F.H. Bolen
George Eubank
Oklahoma
Sheriff's Department
Hobbs
N.M
US warns Russia over disturbances in Austria
The United States accuses Soviet forces of fomenting trouble in occupied Austria and says American occupation troops will respond to any further disturbances. Acting Secretary of State Webb promises appropriate instructions to U S high commissioner to maintain order after Vienna appeals for help.
MENTIONED IN THIS ARTICLE
George Durnovis
Ashington
United States
Russia
Austria
Webb
U.S
Britain
France
Vienna
U. S
Area farmers seek answers to child labor ruling
The new federal rule banning under 16s from agricultural work during school hours threatens the 1950 cotton harvest in the South Plains. In Lubbock and surrounding counties, hundreds of farmers and itinerant laborers flocked to the Texas Employment Commission seeking guidance as schools consider early dismissals to limit child labor.
MENTIONED IN THIS ARTICLE
Opal Dixon Avalanche-Journal
South Plains
Texas Employment Commission
The
Employment Commission
Commission
U.S. Department of Labor
Lubbock County
Roy Boyd
Frenship
Cooper
Roosevelt
Idalou
Shallowater
New Deal
B. T. O’donnell
Lubbock
Brady
Slaten
UN Forces Prepare Major Offensive Across 38th Parallel
A 140,000 strong United Nations force readies for an across the 38th parallel drive into North Korea. Reports say the U S First Cavalry crossed the parallel with little resistance and that South Korean units push toward Wonsan as MacArthur awaits orders to advance into Pyongyang.
MENTIONED IN THIS ARTICLE
Howard Handleman
Ins Okyo
United Nations
38Th Parallel
North Korea
United States First Cavalry Division
U.S. Eighth Army
Associated Press
Koelsong
Seoul
Pangyang
North
South Sea
South Korea
Wonsan
U. S. Eighth Army
Korea
Pyongyang
International
Lee Ferrero
Due East
Douglas MacArthur
UN General Assembly
U. S. First Cavalry Division
Kaesong
Kim Chong Kop
First Corps
New Laws Applied To Cotton Picking Fully Explained
The Avalanche Journal explains new U.S. Labor Department rules on hiring minor cotton pickers. The editorial titled Bureaucracy Invades The Cotton Patch, Farmers Warned, Picker Rules Given details who can be hired when and how, urging farmers to read Page 6 Section 5 for clarity and to understand government reach into private rights.
MENTIONED IN THIS ARTICLE
South Plains
U.S. Department of Labor
Avalanche Journal
Cooler Weather To Continue Over Area
Fall weather remains in effect for the South Plains as a cold front clears. Lubbock Weather Bureau forecasts continued cooler temperatures with highs near 70s and lows in the low 40s today. The front trails through Texas toward Palestine, Victoria, Corpus Christi and Alice with warming expected by Monday morning.
MENTIONED IN THIS ARTICLE
South Plains
Lubbock
Palestine
Victoria
Corpus Christi
Alice
Auto Crash After Game Injures Six People
A four car collision after a sports event injured six persons. Groves, driver of one car, is semi conscious at midnight. Charles Birdwell, 20, a tech student, among those hurt, with details still developing.
MENTIONED IN THIS ARTICLE
Groves
Charles Birdwell
Tech Stud
Tee Tech
Snyder
Tere Tech- West
Also Mentioned on This Page
Lubbock-San Angelo
Texas Tech
King’s Jewelry Cady
Redie
Today's Church News
Ruth Cowan
Isis
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