The Altus Times-Democrat (Altus, Okla.), Vol. 48, No. 307, Ed. 1 Friday, December 27, 1974 Page: 1 of 8
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Tke Ciky Witk a Futuv To Skav - Hum oh Pabticia Gautkueaux
PRICE 1O
FRIDAY, DECEMBER 27, 1974
VOL. 48--NO. 307
There's Going To Be Gold
Storm Passes
NEWS
BRIEFS
Local
Searchers Hunt
Youth Missing
In New Mexico
Scouts Hike
*
State Sales Tax Noted
1 ;
(See SCOUTS Page 81
50 ond Class Poslage
Paid Al AllUS Okia
I
*
Despite Cold
By CRAIG HARRIS
In the present cold weather,
50 miles is a long way to walk.
But about a dozen scouts and
seven adult advisors are doing
just that during this week
The Scout Troop No. 212, led
by Don Sloan, are making the
50 miles a combined nature
hike and historical study during
the five day event.
On Thursday morning, the
scouts started in the south-
western section of Jackson
County and made about 10
miles of travel, stopping at the
Park Projects Funded
John Devine, director of the Oklahoma Parks Department
has approved the purchase of material for a 1,650-feet
asphalt road for the Hicks Mountain Area of Quartz Mountain
State Park
Also project authorization for 3,400-foot asphalt road in
Rattlesnake Cove entrance Estimated cost is 110,000
Wickersham Named
Speaker Bill Willis announced today that Rep Victor
Wickersham, Mangum, will be vice-chairman of the soil &
water resources committee; also, that he will continue as a
member of the oil & gas committee, public safety and penal
affairs, and appropriations committee.
Three Burglaries Reported
Altus Detectives are investigating three burglaries that
were reported just prior to Christmas
A home owned by Kenneth Hopkins, 1313 Spruce was
broken into A calculator, that was believed taken from the
home has been recovered
Mrs Rothe Smith, 115 N. Benson, was burglarized. Mrs.
Smith’s pocketbook containing MO cash, credit cards, and a
personalized check book were taken.
The Wilson School was broken into Candy, an electronic
stopwatch and a calculator were taken from a closet that was
locked The hinge pins were removed from the closet door.
The detectives are continuing their investigations into the
burglaries.
Lee Bound for Trial
thousand arrowheads on
display- said that although the
area s water supply contained
mostly gypsum (not the best
tastingi, the area was still
Pubiished Dally IEucept saturday) and Sued,, 0, AItu:
Newspaper ine in no wes Commerce AlIv o»i« w
in the first night's stop at the Elmer held spellbound by the ar-
Craft farm near Eldorado. (Staff chaelogist who talked about
Photo) "finds" dating back to 10,000
years and more.
_ — . amAAENOO Craft-who has a museum on
County Receives $93,250.93 haufarmonaranaludrsitaatls.
Duo Killed; Convict Caught
micmsancirvusttun M«S« x- - ma errre" SitESS
XXuon 4 0. MW " mmn“atrctnialirfer "“hmn ». m
hbbm ses • i a u
releasedunbir; Riley Mosely FepPesentaive of a prison learned d Mosleys where- hostages during the ordeal and to-20-year prison term.
Esa Elmer Craft farm near
E i : ' .
ee
W wage chaeological study by Craft
who has been an amateur
Ivan McClanahan, district camping archaelogist since 1952.
and activities director, were among In the informal talk given by
the adult advisors who participated Craft, the scouts were literally
in Them Thar Hills
By United Press International A CC• I • 1
A powerful winter storm has AA TTI (I (I %I I T
immobilized portions of the Mk III “ “u V l • •
Southwest, piling up the heavi-
est snowfall in a decade in r . •
spreading snow as far south as Construction firm says no conspiracy
El Paso, Tex.
i ess s"-fmzesm-- - ss
storm and authorities were Associates Thursday denied in alleging a contract on the The suit alleged Hall and the been designated low bidder Walker and Davis, Oklahoma
searching for a 14-year-old boy afridavit his architectural buildings was withdrawn after firms violated the Sherman in his reply dated Tuesday. City; Lower Sprehe and AS-
who went rabbit hunting rirm conspired with other the plaintiff refused to pay a Antitrust Act from Jan. 2,1970, Ball said Hudgins-Thompson- sociates, and Phelps, Spritz,
Christmas day before the storm construction and engineering $100,000 kickback to Gov. David to the present it charged the Ball did not draw the plans nor Ammermanand Thomas, Inc.
moved in. firms the bids for the new Hall plans for the tax and education prepare the specifications on
More than 100 persons, using srnt 0n And education bull- Comet Mechanical Contrac- buildings were furnished in the two buildings Comet asked $975,000
horses and four-wheel drive tors. Incfiled the civil suit advance to a selected few He said the work was done as damages
vehicles, were searching the
Truth or Consequences, N.M.,
area for Joseph Cordova of Rroor Pane
Albuquerque, who got separal- Ul UUI | lullO
ed from his father and brother
Sierra County authorities said r_ A,
thevnygsbestchanceistokeep rarm census
“If he sits down under the
brush it would be difficult to The 1974 agriculture census is
spot him," a police spokesman slated for Greer County, after
said, Jan. 1, says Kenneth Anderson,
By SANDRA HART "It is just like any other commodity and just as risky Why not over six per cent insurance and applicable sales tax According to a special supplement of Capita 1, written by the
There’s gold in them thar may be the saying for many buy into wheat futures” If you buy gold,it willihave t increase swil n wtSnuntfes dinrranfeendorhipping. /American Bankers Association, "An undue concentration of
Americans when gold goes on the open market Dec. 31, at least six ^r cent to cover your expen ng it, have thepgrid owner who wants to resell it will have to count on the gold loans - or any other imprudent involvement in gold
Americans will now be allowed to own gold at home which is You can tspend it like curreneyaYou APaytonane fact that the new buyer will want an assay to prove that it hasn't transactions - could constitute an unsafe or unsound banking
something they have not be allowed todo for some 40 years, It stored, insuredand to resell it you will have to pay assaying ienadulterZ Katcanc^ practice subject to a cease-and-desist order," the Federal
From 1934 until 1968 through world agreement, the price of fees. Gover said, c that ite markin wouid The banking industry has already issued guidelines on han- Reserve Board warned
gold was frozen at $35 an ounce. Todays market price has Merrill Lynch for instance: is markupwo to hebmnThe Federal Home loan Bank Board forbids federal savings
averaged about $180 an ounce —be from three to sixperacent.The sompe nyPlans and two per nvcan only give you collateral on 50 per cent. Say you have 4 loans and their service < corporations "to purchase, hold, sell or
There will be no gold for sale in Altus but Merrill Lynch, the per ounce, plus five percentofithe first 75,°00 value and t° Pe goid"ndtemaket value is $1,000. we can only loan you $500 otherwise deal with gold. ”
nation's largest brokerage firm, will offer it at its Oklahoma cent for any amount over »5 subject to wide price variations," Gover Gover warned that sudden decisions of world governments
City office Also the Fidelity Bank in Oklahoma City will handle Suppose the price of gold is $180 an ounce You would pay $900 and this w ary j make buying gold a very speculative investment and a very
•kl’. Hlsterisal Sectety
Wiley "ret: "iuteriuL llig.
•kla. City, •kla. 73105
The Altus TIMES-DEMOCRAT
Several aircraft have joined county extension director mhhanA%d
thesearebtm eased somewhat said that ,8213
After a preliminary hearing held Thursday, an .Altus man Ihursday after dumping 12 "Peraton iron everharm WdETAa
was bound over for trial on a felony •Large of unauthorized ini hes, i snow at las ( ruces in and ranch /*ra t needed in AVl5 A,
use of a motor vehicle extreme southern New Mexico order to insure an accurate A ^131111111^^
Charged with the offense and held on a $7,500 bond is Roas the heaviest showfall in at iuc.imii changes in MAi8E V
lee He is charged with taking a car owned by a Simuel least a decade However, "unty AMage I V
Washington on Nov. 11 hghways were reported open Earm business records are 85 982255- MV
The storm eased somewhat to be used in filling out the E85) V I
Duo Formally Charged i p BArbe
Tavzbamamanarrrofumeammashargedindtstttuuun 1 ““ Mufl
Charged were Sidney Lanier and Jerry Lee Mathews. They vehicles trying to navigate cog Lat me census & guu
are charged with the Dec. 20 armed robbery of an Altus Jiffy windy Guadalupe Pass in West He stressed that the fnii
Store on West Broadway and both men were held on $50,000 Texas to use tire chains. must have a good report from A DOZEN SCOUTS plus some
bonds Five inches of snow clogged each operator. i c advisors are on a 50
. . t Ei Paso in 24 hours "the recordsareto!becompletoand mile, five-day hike this week with
Around Town biggest christmas “ wfallon anauralbntTboutJanri,shoul mhe trek a combined historical and
Birthday wishes to JOHN AVANT and CHERYL PITT- in °j w Mexico, just be filled out and mailed back as scout exercise. James Greenawalt
s...THEkESA SMALTS helps out .VIRGINIA acrssthe^eia13-year-old early as possible. (right), district scout executive and
■
7
9 J
BELLENGER gives the TD a tip... child was killed when three
. . adobe houses collapsed under
BOB HART says if the Rams lose he won twatchthesuper the weight of the snow.
Bowl... welcome to Altus LaVERNE and ESTHER GRIM- Oklahoma escaped the
M.... storm's fury, but light snow
tL IAiL. dusted the Oklahoma panhandle
I he Weather and light rain froze on the
pavements in some western
Altus vicinity - Fair tonight and Saturday. Warmer portions of the state. Travelers' . Vear ago and $13 066.16 for October plentiful ingame. resulting in
Saturday Southerly winds 8 to 16 mph tonight. Low tonight advisories were in effect for Jackson County received $93,250.93 in two per cent statesales Altuscollected $83,504.81 compared to $113.529.82 a year ago. many of the Nomadic Indian
lower 30s High Saturday lower 50s more freezing rain, tax according to D.M. Berry, chairman of the Oklahoma lax Mangum collected $19,681.92 compared to $12,158.63 a year ago. tribes living, working and
Weather readings - High Thursday 34. Overnight low 26 Snow whitened much of Commission .miatthe Hollis returns were $11,406.39 compared to $8,291 64 a year ago, dying in the region
N"5m43 Nebraska early today and The November report is for state sales taxes remitted to the nouisreuimin some of his digs” as Craft
poon wuay • ........................ mnowancked roads triggered commission and coming from business done by merchants According to business classifications the following showed a calls them, the amateur ar-
seewwmow travelers advisories for much during October. decline; Confectioneries and candy stores; radio and music chaelogist has been able to find
Cnmmarep St Journal of the state ice increased the Returns a year ago were $123,549.73. Returns for October were stores; garages and auto repair shops; lumber, brick, tile and many artifacts in the area—
-uu hazard in the Omaha and $102,999.45. stone companies; hotels and lodging houses; barber and beauty including some items that are
Whle some may think rung the event in 9 seconds flat, Lincolnareas. Greer and Harmon Counties showed an increase in tax returns shops; shoe repair shops; railroads, motor and air tran- on display in several museums.
Mtrm mmnZranuneaaim anassmimutasmtinantoSanatrnundaymmgmzern compared t weadie.
e= Comedian Jack Benny Dies of Cancer
matawmmnmnaaeajumpk US ANGELESjura - whomet Broadway « st unamdsagnne hrs. w aerive at Hviweren ina - a W ‘
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Kddash record by run- some home today. -RkG. . thgagawhgoprganln cancer of the pancreas expected to remain unconscious Bennys wife of 47 years, Mary Benny was schooled from the Culver C tty. Calif.
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State; Hits
In Southwest
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Gilmore, Robert K. & Hart, Sandra. The Altus Times-Democrat (Altus, Okla.), Vol. 48, No. 307, Ed. 1 Friday, December 27, 1974, newspaper, December 27, 1974; Altus, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc2121714/m1/1/?q=architectural+drawings: accessed June 30, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.