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Lubbock Avalanche-Journal from Lubbock, Texas • Page 103

Location:
Lubbock, Texas
Issue Date:
Page:
103
Extracted Article Text (OCR)

Foreign Trade Zone Near McAllen Sought As Business Boon To Poverty Area PROTESTS i 1 3(1 Near Extension TOKYO (AP) Despite rain- dampened demonstrations over th past nine days, the U.S security treaty is automatically extended indefinitely at midnight tonight. Police were still prrfwred for violence In Tokyo and other major cities, but outkok is for relative cairn. 150,000 demonstrators turned out across the country Sunday, far sliort of the protest, ers announced goal of a million. Police said 154 leftists were arrested for ignoring orders. Another 2 were arrested when 150 radical students wearing helmets and armed with wooden staves tried to take over a union illy in Tokyo.

ibuntis Hurled In another incident today, 10 stormed into the Tokyo headquarters of a rival group it ainst the pact and hurled homemade bombs, police said. The reason for the attack v. us not jmmcdately The security pact originally is signed in and was in for period rs, Nixon and se Pnr.ne Minister Eis ku agreed last November to nd the pact indefinitely provision that either country iti on a part was revised in demonstrations led downfall of Prime iv.jk»» Kishfs and Dwight 1 ino-! state to Riot and unionists sc 1 ht 1 and other cities it ntl Stetti 73 MM! In to the th ny weath- Ser rivi VT 10 Traffic Toll th KM Sutiif Am 3,176 1 SUO Bv PKOr.Y SIMPSON WASHINGTON (AP) Federal officials will gather in a small Texas city Wednesday to consider a unique petition for a landlocked duty-free foreign trade near the U.S.-Mexico border. There are seven such zones and three industrial subzones but all are in port cities. The plication by merchants in McAllen, is the first for an inland to be designated as a foreign trade zone.

The lower Rio Grande Valley is one of the most poverty- stricken in the country. Agriculture is the chief industry and residents say its and opportunities for U.S. workers are depressed because of competition from Mexican nationals who cross the border to jobs in Texas daily. not clear whether labor in the prospective foreign trade zone manufacturing center would be restricted to U.S. residents, but the McAllen Trade Zone Inc.

says new industries would greatly reduce unemployment and improve the regional economy. The petition to the Commerce Bureau of International Commerce proposes that the merchants pay 20 per cent of the $750,000 cost of building warehouses and other facilities at a 40-acre site five mties from McAllen. The corporation has, asked the Economic Development Administration iP'DAi for the rest of money and a Commerce spokesman said a good chance that application will be approved. The merchants claim a trade zone would attract 60 to 70 ants with payrolls totaling $300,000 a year. The work would vary from processing food for export to Western Europe to making and assembling machinery, home appliances end construction equipment.

Trade zones are attractive to businessmen because foreign raw materials may be brought in without complying with the usual import duties. After processing or manufacture, finished products may be sent overseas or distributed in the United See MC ALLEN Page 10 New Process Expected To Hike Snyder Oil Production Conservation Project Lauded By Specialist COLUMBUS, Ohio (UPI) A Chevron Oil Co. production specialist described a hugp petroleum conservation project today which is expected to increase the yield of a major portion of the Kelly-Snyder Field in West Texas by more than 150 million barrels. Paul Hull of Houston, in an -----address preiwred for delivery resulted bene- before the Interstate Oil the 01 self. Society General ISeus Scclion ubbock A valanche -J ournal Lubbock, Texas, Monday Evening, June 22, 1970 To Itooftt Royalties Hull said the increased Negotiator 1 tor (lotiMiitation wif was had sh ef hi M.K'» Iti industry it pa ct Com mi ss ion 1OOC), said over the next 10 years almost 600 billion cubic feet of carbon I dioxide would be injected into -vf ld would Payments of almost one-third buiion dol- the unit of tive Kelly- jars royalty owners Snyder field at a cost of more and more than $120 million in than $175 million.

taxes to the state of Texas. said the measures employ-) More importantly, Huii said, the additional oil would make a major contribution to the United States' ability to supply the bulk its petroleum needs. is especially said, critics of our industry would have this coun- try tjecome wholly dependent on foreign crude sources controlled I in many cases by volatile, if not actually hostile, governments significance of this conservation effort is ierlined when it is noted since I960 has there been a I covery in the state of Texas ich resulted in the addition! rcsen. es of such 11 fold the 450 persons attend-j the three day mid year eting of IOGC. Expected Six governors were expected! to be present for the meeting, including Dewey L.

Bartlett of Oklahoma, chairman of the 10-j OC: David F. Cargo of New! See OIL YIELD PaRe 10 I Ft ft WRAP TAKES A BTfE Lucy Nielson, an attendant at Miami's randon Park zoo. uses Shipper a sii months old osrelot as a fur wrap (upper left But the cat takes a dim ieu: and grabs a mouthful of Lucy's bionde tresses upper right and loit er left Skipper settles for a bite of arm (lower right when mored, Lw says her pet bite doesn't hurt it just tickles a little (AP Wire photo GOES TO reat NEW LENGTHS 00 A. VESTED PANT SUIT 38 32 5600 B. DRESS C.

MIDI COAT BETTER SPORTSWEAR DOWNTOWN CAPROCK un 5 XXXMX) 5555 'XXX TUESDAY: ALL FOUR STORES OPEN 10 A.M. TO 6 P.M. THE SPECTATOR Rosina I erracamo Sihiavone 00 35 Dunlap's LADIES SHOES DOWNTOWN CAPROCK Downtown, 1301 Broadway, POS-77 I I Caprock, 50th and Elgin, SW 9-4338 Town and Country, 4th and University, P03-951 7 Family Park, 34th and Ave. SH4-8488 Tire Center, 5th and Ave. P05-77I4.

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About Lubbock Avalanche-Journal Archive

Pages Available:
420,456
Years Available:
1927-1977