Texan To Head Price Board Big Banks Cut Prime Loan Rate
The excerpt from The Vintage Point by Lyndon B Johnson discusses his hesitations about seeking a full term in the White House in 1964. He reflects on doubts about health, the weight of the presidency, and the likely impact of campaign attacks on himself and family. He notes a strong Texas inclination and the appeal of returning home.
MENTIONED IN THIS ARTICLE
Byrston BR. Johnson
White Mouse
Johnson
Lyndon B. Johnson
White House
Congress
United States
Senate
A Cy
Visioned by Mayor Council staffers roles broadened
Mayor Kim Granberry outlined a plan to place a council staff member on the proposed Lubbock Human Relations Commission and to hire an executive director for the panel if finances permit. A study committee led by Councilman Denton Rigsby urged creating a paid position to oversee commission affairs and suggested assigning a council staff member to serve the group.
MENTIONED IN THIS ARTICLE
Vaughn Hendrie
Avalanche
Journal
Kim Granberry
Lubbock Human Relations Commission
Human Relations Commission
Granberry
Mike Patterson
Denton Rigsby
Rigsbyave
Patterson
Senators Probe War Funds Cutoff Without Date
State and Nation brief notes antiwar stance with senators proposing to cut war funding but not setting a date for action. Page 6, Section C.
Soviet Warships to Visit Cuba for Official Friendship Tour
The Soviet news agency Tass said a squadron of five warships will travel to Cuba at the end of October for an official visit of friendship. The ships will stay in Cuban waters for 10 days, marking a formal goodwill mission.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Cuba
Friendship
Tass
Cuban
Banks cut prime rate as Nixon price freeze goes on
Big banks reduced the prime lending rate to 5 percent from 6 percent in a nationwide move. Morgan Guaranty Trust led the cuts, followed by Bank of America Chase Manhattan Chemical Union Bank of Los Angeles and others. Texas banks signaled more cuts. Officials cited market conditions and costs of funds, not Nixon’s plan. Secretary Connally praised the rate decline noting a 13 to 14 percent drop since August 15.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Nixon
Morgan Guaranty Trust Co
Chemical of New York
Bank of California
Union Bank of Los Angeles
Girard Trust of Philadelphia
Citizens& Southern of Atlanta
Commerce Bank of Kansas City
Texas
First National
Republic National of
Dallas
Capital National
Texas |Commerce of Houston
First
National
Fort Worth National
Fort Worth
Morgan Guaranty
Congress
Secretary of the Treasury
John Connally
San Francisco
American Bankers Association
Connally
Prayer Blessing on Love Faith Work and Character
A reader offers a blessing invoking the ennobling power of love and faith. They ask for dignity in honest work and strength of character through the teachings of Jesus Christ. Amen.
MENTIONED IN THIS ARTICLE
Jesus Christ
Floydada Adopts Bright New Trash Container Plan
Floydada advances a mechanized container system with vivid hugger orange bins, replacing old 20 and 50 gallon cans. Sponsors tout a modernized disposal method and a distinctive alleyway appearance amid some local controversy.
MENTIONED IN THIS ARTICLE
South Plains
Lubbock
Seo
Judge orders Bula district to reinstate fired teacher
US District Judge Halbert O. Woodward ruled the Bula Independent School District must temporarily reinstate Sammy D. Sawyer with salary paid until due process. The judge said Sawyer was not given proper notice and directed the district to provide written notice by Oct. 26 and to present his case to the Texas Commissioner of Education within 15 days after notice.
MENTIONED IN THIS ARTICLE
Sam Fletcher
Avalanche-Journal
Stall US
Halbert O. Woodward
Bula Independent School
Woodward
Sammy D. Sawyer
Amherst
Sawyer
Texas Commissioner of Education
Judge Page
Orr defeats White to lead Texas Democratic Executive Committee
In Dallas area politics, Roy Orr, mayor of De Soto, wins the SDEC chair over Agriculture Commissioner John C. White by a 32 to 30 vote. Gov. Preston Smith backed White and allied with Roy Evans and Yarborough supporters, but Orr secured a narrow victory after a roll call. Baum had been the prior choice and resigned Oct. 11 amid stock indictment context involving Gus Mutscher. Page 10.
MENTIONED IN THIS ARTICLE
Avalanche-Journal News Services
Dallas
Preston Smith
Roy Orr
State Democratic Executive Committee
SDEC
Orr
de Sato
John C. White
Smith
White
Texas Aplcio
Roy Evans
U. S
Ralph Yarborough
Democratic Party
Dr. Baumorr
Hlmer Baum
Baum
Gus Mutscher
Austin
Bob Bullock
Roy Ork
Gunfire Wounds Memphis Pair In Second Night Of Violence
In Memphis two white men were shot while driving a white colleague home in a predominantly black area. A black lounge operator was also wounded investigating rear shots. Firebombings set multiple stores and cars ablaze across four black neighborhoods as violence continued.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Memphis
John Barger
Firm Rules Out Price Increase
Washington AP: Vandall Petroleum Co of Houston has rolled back propane gas price hikes for the winter season. The Cost of Living Council said customers will receive credits reflecting any higher prices paid, with the reduction effective Oct 1. Arnold R. Weber, executive director, stated the company notified customers of the suspension.
MENTIONED IN THIS ARTICLE
Washington
Texas Oil Company
Cost of Living Council
Vandall Petroleum Co
Houston
Arnold R. Weber
Hotel plans bared growth predicted for Lubbock
Lubbock eyed a new growth spurt as Hilton executive Ken Flagg and partner Coby Briehn announced a franchised Tilton Inn at 16th Street and Avenue. The six story 140 room hotel, costing about 2.2 million, will occupy the northwest corner site near the Memorial Civic Center and central library complex and is slated for completion late next year. Hilton recalled his ties to Lubbock and said the project signals prestige lodging for the city’s reborn civic area.
MENTIONED IN THIS ARTICLE
Kenneth May
Avalanche-Journal
Lubbock
hotel + cain
Hilton
Tilton Inn
16Th Street
Avenue
Ken Flagg
Coby Briehn
Caprock
School of Medicine
Texas Tech
Lbbock
Flage
SMU Dean Named Chairman of Price Commission
WASHINGTON The Nixon administration moved toward announcing the members of two wage price boards to run the price controls. Dr C Jackson Grayson of Southern Methodist University has been selected as chairman of the Price Commission and confirmed in Dallas. The Pay Board and Price Commission, 22 nongovernmental members, must draft standards before the November 13 end of the wage price rent freeze. Treasury Secretary Connally warned interim criteria may be needed if boards fail to act. Proxmire criticized Phase TE economic registration and urged Congress to withhold a decision on extending standby.
MENTIONED IN THIS ARTICLE
Catabinches Journal News
Serglena
Washington
Texas
Price Commission
White House
Pay Board
Lpper Beekle Setae
C. Jackson Grayson
School of Business
jSouthern Methodist University
Post
Dallas
Grayson
Commission
Love Field
Dean
SMU Business School
Tulane University School of Business
New Orleans
San Francisco
Treasury
John 2. Connally
Cost of Living Council
Tripartite Pay Board
Capitol TH
William Proxmire
Senate House Economic Committee
Nixon
Congress
Rivers Crest Storm Bats Down Texas Towns, Flood Threat Looms
A frontal storm system drenches Central, Northeast and South Texas, flooding rivers and forcing evacuations as up to 6 inches of rain trigger river crest forecasts. Temperatures hover in the 60s with cool autumn sunshine on the South Plains and drying in parts of the region.
MENTIONED IN THIS ARTICLE
Avalanche Journal News Services
South Plains
South Texas
Jewland
Texas
Hergan
Paris
Bowensville
Dallas-Fort Worth
Weather summary for Lubbock region today to Friday
Weather data shows highs around upper 60s today with a low near mid 40s. Warm trend continues through Friday with highs near 70 and humidity around mid 40s to upper 80s. Winds variable from 5 to 15 mph.
MENTIONED IN THIS ARTICLE
Lubbock
Tidiig
Albuquerque
Houston
Dallas
Denver
W. Falls
Also Mentioned on This Page
Texan
Price Board
LBJ
Council
Nas
Area
Lawrence
Pittman
U.N
France
Bank of America
Chase Manhattan
Floydada
Lynn Fowler
Colorful Alley
By Tanner Laine
Bula
Sixeators
Barcenies
Newinlton
SMU Business
Narnia
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