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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Sep 29, 1957
Page
5
The outlook for the economy remains mixed with uncertainty about future gains. An unexpected bright spot emerges as new auto sales surge, with Detroit reports showing about a 20 percent rise versus September of the previous year.
Wilbur the office grouch rails at womanpower as Washington debates the future workforce. The piece cites labor secretary and Chamber of Commerce claims that 10 million more workers will enter by 1965, over half of them women, with tabs on traditional roles likely to fade.
A Travis County grand jury will disclose findings from a three month probe into the ICT Insurance Co collapse. The panel, ending Oct. 5, is expected to issue a final report and possible indictments before the Saturday deadline. Witnesses included promoter Ben Jack Cage and former Insurance Commissioners Garland Smith and J Byron Saunders.
The Veterans Land Board in Austin reports high bids totaling 246156 on 37 percent of 51 forfeited tracts covering 2620 acres. Bids on 37 tracts across 2100 acres totaled 1070974 dollars, with Erath county’s 199 acre tract drawing 26 bids and Fannin county’s 2.0 acre tract fetching 9501 dollars. The board notes bond market weakness limits bond sales and forfeited land sales are the current veterans option.
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