Police Manhunt Seeks Budville Killer November 20, 1967 Bud Rice dead at age 54
87th Year Numher 41 Monday Morning, November 20, 1967 26 Pages in Two Sections prJce 7C Pol Manhunt Seeks Her ice e Budvi .ill i North Viet Hold Ground Reds Kill 40 In Abortive Hill Assault U.S. Hikes Discount Rate WASHINGTON li The ! Federal Reserve Board re acted 1o the British pound devaluation Sunday by an inounnng an increase in its discount rate from 4 to 41 :AKrON (uri) U.S. Army paratroopers stormed up iper cent effective Monday. J till mo overlooking the big allied base at Dak To1 . ,. Sundav in a bloodv. abortive attemnt to seize the hich ! Arllon came at an emergency pmimrf fmm Nnrih Viotnnwo mftr .ntronhori ! wckcn'1 meeting of the board there. The U.S. command said 40 Americans were killed ;follovvine devaluation of the and 42 wounded but Communist, losses in the hill battle iPund from ,2 R0 to $2-40 and a and olher highlands fighling since Nov. 1 soared to at ihnnst in the Bank of England least 870 killed. In the air war, wave after wave of American jet fighter-bombers hammered the Hanoi -Haiphong power core of North Vietnam Sunday and hit a cement factory and a barge yard near Hanoi for the first time. Headquarters reported two U.S. Air Force iets shot down and listed hnth nilots as missinff in I action. Britain-Egypt Diplomatic Ties Resume LONDON m Egypt announced Britain Sunday discount rate from 6'i to 8 per cent. Officials said the Federal Reserve action is designed to prevent an "inordinate flow" of dollars overseas in view of the British belt - tightening but it also could have the side effect of helping to fight inflationary pressure at home. THE DISCOUNT rate is the banks must pay the system for anrl ; interest theifoo,., statement markets them. rather than lead NORTH Vietnamese casualty figures for the Dak 10 cam- nainn annn.mr.oH this mnvnind "'" uu"u' i federal reserve did not include 250 bodies 'restoration of diplomatic ties, jmoney they borrow to maintain claimed by South Vietnamese after a 23-month break. Sir jsufficient reserves, troops in a weekend clash Harold Beeley was reported 0tnPr interest rates are peg-described by US. spokesmen aschospn M new British am-jged upward from the discount a whale of a battle. bassador in Cairo. Irate but the action announced Amorinan hoaHnnartprs nlarnd' . - Mlnflay lOllOWS the financial tntal TT S Income in thft Half To zone 280 miles north of ;Said Britain's relations with Saigon since Nov. 1 at 197 killed President Gamal Abdel 1 aaa aaw i wimmmmmmmwmmimM-MiMMimtwtiimuitiiiiMiii, f -4.j.vr.x j Officers Comb S Central N.M. For Suspect By PATRICK LAMB of the Journal Staff BUDVI LLE Weary police and volunteer searchers, most of them friends of a slain service station owner, widened their search early today for a tattooed, long-nosed young man suspected of killing two persons Saturday night. Bulletin SLAYING SCENK: A wreath is hung on the door of the Budville Trading Co. where 54 - year - old owner If. N. (Bud) Rice and storekeeper Miss Blanche Brown, 81, were slain by an unidentified man who also robbed the small store of $250 cash. Rice had operated the trading store, garage and towing service in this building since 1936. (Journal pholo) Joum1ActbttLli tie There was no immediate Wood by Weight Police Hold Hobbs Man Police said late Sunday a man! wanted for questioning in the; deaths of H. N. (Bud) Rice, SI,; and Miss Blanche Brown, 81,! during a holdup at the Budville1 Trading Post was arrested near; Grants. i There were unconfirmed reports that Mrs. Rice, a witness to the double murder, ; had made positive identification' of a suspect from a photo. A composite drawing of the; suspected killer, who shot Rice; and Miss Brown and bound and gagged Mrs. Rice at the trading' post on US-fifi about 20 miles east of Grants, was circulated by State Police. Police manning roadblocks' were watching for a 1958 ; Chevrolet, either white over! green or white over turquoise. I driven by a white male possibly! BUDVILLE iTt-State Police said a man about 23 years nld was arrested Sunday in connection with the double slaying of a Budville truck stop owner and an elderly Budville woman. An intensive, 24-hour manhunt was called off after the man was arrested by State Police at a roadblock east of Grants. Deputy State Police Chief Steve Lagomarsino said the man was to be arraigned early today in Los Lunas, where he was to he jailed. Roadblocks were dismantled and a tram of almost 50 officers returned to their homes. The man wasn't armed and didn't offer any resistance, police said.