By the reconstructed schedule, this was the August-September 1974 issue. The big news this time was the sale of Lowrys Hobbies (the original mail-order store) to Pete Rice, under the name “The Toy Soldier”.

Contents:
Game Review: Seven Days * Richard Hamblen
Le Jour de Gloire: The Aftermath of Napoleon’s Victory at Waterloo * Robert D. Harman
Incremental PanzerBlitz * Andy Lavis, Tom Olson & Jim Snellen
Game Review: Two From Rand * Pete Bennett
French Victory in Napoleon at Waterloo * Anthony O’Brien
Allied Victory in Austerlitz * Roland Wong
SPI vs SDC in SEA * Chuck Holland
The Disposition of the German Army, June-December, 1944 * Antonio Munoz
Game Design: Computerized Board-gaming * Scott P. Duncan
Miniature Warfare: The Owlhoot Trio * Gary Gygax
Thumbnail Analysis * Editor
G2 Reports * Editor
Mail Call

Available at Wargame Vault.