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Mason City Globe Gazette: Thursday, January 16, 1958 - Page 1

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   Mason City Globe-Gazette (Newspaper) - January 16, 1958, Mason City, Iowa                                North Iowas Daily Newspaper Edited for the Home MASON CITY GLOBEGAZETTE THI NEWSPAPER THAT MAKES ALL NORTH IOWANS NEIGHBORS IHHttft VOL LXIV Associated Press and United Press full Lease Seven Cents a Copy MASON CITY IOWA THURSDAY JANUARY 16 1958 This Paper Consists of Two No 15 Military Fund Bill to Senate Wage Raise Plan OKd FROM OUR WIRE SERVICES Senate approval was forecast Thursday for a Housepassed emergency Air Force construction bill as a House subcommittee folio wed through on a measure to provide actual funds A unanimous 3470 House vote sent to the Senate a bill to au thorize of new Air Force Funds It includes projects for a start on the nations third base for intercontinental ballistic missiles dispersal of bomber bases a missile warning system and other works Chairman Stennis DMiss said he will call hearings early next week before a Senate armed serv ices subcommittee in an effort to hurry the measure to the Senate floor Minor Changes The authorization bill sets up some of the projects for which money would be provided in a Don OOP missilpmnnpy hill which House leaders said may r Farm ans Sent to Congress IN WHJPHjt JtTKD Four come to a vote there next week The House Defense Appropria tions subcommittee has completed hearings on the money bill and members predicted substantial approval of the entire amount There may be some minor changes here and there one sub committee member told a re porter but there will be no ma jor alterations The Air Force construction bill is the first step in speededup defense plans developed to offset Russian progress in the missile satellite fields Before passing it the House adopted a hastily drafted amendment to give Sec retary of Defense McElroy speci fic authority to set up the Ad vanced Research Projects Agen cy he wants The money bill would provide 10 million dollars for the agency Pay Boost The Senate also is expected to act next week on a proposed av erage IVi per cent pay boost for 1500000 postal and federal Civil Service workers The Senate Civil Service Com mittee anticipating a presiden tial request for a pay raise of al least 6 per cent approvedthe two measures Wednesday within hours after they were okayed bj a subcommittee and the Demo cratic Policy Committee Massena High School seniors lost their lives in the flattened wreckage of this car when it crashed headon with a mov ing van on Iowa 92 west of Massena The AP Photofax students were Sheryl Lary 18 and Lor etta Denney Robert Morrison all 17 The truck driver re ceived minor injuries It was Iowas worst accident of the year Margin Mi n i mum Is Cut Stock Mart Spurt Seen WASHINGTON govern ment Thursday lowered another antiinflation barrier the mar gin requirement on stock pur breaking bad news on both production and income Effective at once the Federal Reserve Board cut from 70 to 50 per cent the margin or down payment required for purchase Specifications for Sears Portion of Old Fairgrounds Shopping Center Are Filed Complete plans and specifica lons for the Sears portion of the old fairgrounds shopping center are on file in the Mason City building commissioners office The Sears building will be the first unit of the shopping center said Bernard LutrenChicago in a telephone conversation He is a representative of Philip Levit Chicago realtor who purchased the old North Iowa Fairgrounds Iowas Rood Program Is Scrutinized rom Cerro Gordo County for Lutren said the building could not be ready for occupancy be fore next year Preliminary finance plans for the Sears building have been completed Lutren said The plans were filed inMason City by Sid ney Morris and Associates Chi cago architects for approval by the building commissioner and city engineer Warehouse Included They call for a onestory build ing with 81276 square feet of floor space It will be located on There also is an auto service station attached to the south side of the main building Public entrances will be on the north east and south sides of the brick and concrete building Lutren said plans still are go stock exchanges The 70 per cent requirement had been in effect for nearly three years The reduction was hailed by Keith Funston president of the New York Stock Exchange as giving the market a desirable added liquidity that he said would lelp industry raise new funds for working capital anr1 expansion Hard Bump The boards decision was made public immediately after two an nouncements which revealed tha business ended 1957 with a hard erthanexpected bump These re ports were 1 Personal the southeast 10 fairgrounds site acres of the The building will have its main doors facing Federal Avenue on the east There also will be a driveway off 19th S E In addition there will DES MOINES con be a truck entrance off 19th S E gressional investigator came to Iowa and conducted a probe into the states highway building pro in the rear of the building The building will have a 312 foot front on Federal and 202 feet ing forward for the construction of the othershopping center units He mentioned specifically those for the SS Kresge Co and PigglyWiggly stores They would be attached to the north side of the Sears unit Size Increased The Sears unit has been in creased nearly a third in floor space from the 63000 square feet originally planned In addition to the 10 acres covered by the Sears lease Levit owns the remaining 25 acres of the old fairgrounds which he purchased in October 1955 Tight money and the result ing financing difficulties have held up construction Levit ex GENIE IS UNVEILED A new aerial combat team has been unveiled by the North American Air Defense Command Military officials stand in front of the Mc Donnell F101B Voodoo jet and the new Douglas Genie atomic rocket which is capable of knocking down an entire formation of enemy bombers The Genie is car ried by the plane Left to right are Canadian Air Force Capt W C McNeil Rear Adm Walter Rodes test pilot Robert Little and Maj Gen Harvey Alness Call for Drop in Supports Put Farmers More on Own FROM OCR WIRE SERVICES WASHINGTON Preside nt Eisenhower recommended to Congress Thursday a 14point farm program designed to take the government increasingly out of agriculture and put the farmer more on his own His proposal called for lower price supports on major crops dairy products ana tor tn Mir thr hnarHlgram GovHerschcl C Loveless on 19th SE A 100 by 184foot plained Sears does not construct the acrosstheboard pay increase the legislation would provide a threeyear an nual costofliving bonus of for postal workers in the five low est grades S160 in the sixth grade and in the seventh Both the pay boost and the bonus would be retroactive to last Oct l Subcommittee Chairman Rich ard L Neuberger DOre said said Thursday warehouse is attached to the rear the first official confirmation of rumors that the investigation was held Loveless released no details of the probe Presumably it dealt largely with the iand purchase practices involved in the federal interstate highway building pro gram Loveless and Highway Commis hc hoped would contsloRer Cedl Atlantic sider the pay bill separately fromiboh Democrats had asked Rep The Governors remarks were i of the main sales area and has a John Blatnik DMinnl to send the investigator Blatnik is chair man of the legal and monetary affairs subcommittee of the House Public Works Committee Loveless disclosed the probe when he told his news conference he will give the committee further information when he visits Washington D C next week Loveless said he would look into a number of matters when nomination and reelection in is nations capital Mon 1958 elections on the Republicanda and Tuesday The primary jpurpose of the trip is to give supplemental testimony to the Erbe was the sixth of the prescongressional subcommittee on administration proposals for in creasing postal rates Attorney General Erbe Is Candidate for ReElection DES MOINES UP Atty Gen Norman Erbe announced Thursday he would run for re ent seven top state office holders to announce candidacies for re election The only officer not an nounced is Lt Gov William Nicholas Mason City Tuesday he said he wasnt ready to re veal his plans but it is assumed he will run for the Republican nomination for governor Erbe 38 is serving his first term as the stales legal officer He was an assistant attorney general assigned to the Iowa Highway Commission for two years before his election in 1956 RECORD PRICE DENVER WVAn Iowa wom ans grand champion Hereford steer brought a pound Wednesday at the National West ern Slock Show a record price for the exhibition Mildred Had enfelt 26 of Albert City sold the champion to Paul Shank Denver restaurant owner for ntergovernmcnlal relations The Weather Mason City Cloudy Thursdij night with chance of occasiona light freezing drizzle or ligh flurries of snow colder low 18 23 Decreasing cloudiness Fri day high in lower 30s Iowa Fair southwest mostl cloudy northeast Thursda night low in 20s Friday parti cloudy little change in temper atures Minnesota Cloudy light snow GlobeGazette weather dat up to 8 am Thursday Maximum 35 Minimum 30 At 8 am 30 YEAR AGO Maximum 6 Minimum 12 ading dock on the north side buildings but occupies them on lease after they have been built to Sears specifications income said th Department droppec to a annual rate in December down more than billion dollars from Novem ber This was the largest of four successive monthly declines Lowest Level 2 Industrial production sagged in December to the lowest level since July 1956 when a nation wide steel strike hobbled output The Federal Reserve index of physical output from mines and factories dipped three points in the month to 136 per cent of the 194749 average Auto assemblies declined 10 per cent and steel mills further slowed their opera tions to a rate of 40 per cent be low a year ago These reports followed by a day the December employment fig ures which revealed that jobless ness rose by 200000 to 3374000 This was the highest unemploy ment for any December since the recession year 1949 Although officials and econ omists here almost unanimously predict an upturn by summer the Federal Reserves relaxa tion of margin requirements ap plying bothto purchase and short sales was the latest in a series of government moves to counter the recession No Change in Iowa Mercury Readings Likely Westerly winds gave tempera tures a boost across Iowa Thurs day following subfreezing read ings throughout the state earlier Production to Begin in 4 Weeks at Forest City Trailer Factory FOREST CITY Production is expected to start in abou four weeks on the 15foot travel trailers to be manufactured here C T McCreary Gardena Calif of one of the largest manufacturers of trailers in the country made this announcement Thursday His company Modernistic Industries has three trailer factories The Forest City branch to be known as Modernistic Industries of Iowa will be the fourth The trailers called Aljo Trailers ranked second nationally in sales in 1957 They are made in three sizes At present only the 15foot size is to be made here Later as more room becomes in the plant it is ex Wm 11 pected that a 24foot trailer will L Mooty to Make GOP Bid DES MOTNES MVW L Mooty speaker of the Iowa House an nounced Thursday he will seek the Republican nomination for lieutenant governor inthe pri mary election next June 2 Mooty 51 a Grundy Centerto arrive in Forest City nextjsuch abundance ae added The decision of the California firm to establish a branch here is the result of a visit to the West Coast trailer manufacturing area by two local men Bob Smith and John K Hanson McCreary ex pressed an interest in establish ing a branch here although he had just added a branch factory in Portland Ore and had not intended coming into the Mid west until some time later Estimate Doubled Modernistic Industries produc tion supjitiniejulent reased authority to set acreage llotments for cotton wheat ice peanuts and tobacco It also asked for elimination of creage allotments for corn the Midwests big cash crop Not Realistic The President told Congress in a special message that the pres ent farm program is unrealis ic and outmoded It is im perative he said that Congress draft new policies geared to the technological revolution in agri culture The program held out the prospect too of eventual lower food costs for consumers Eisenhower told Congress that agriculture in recent years has been experiencing a veritable revolution in productivity Farm production per man hour has doubled since 1940 he said There has been more change in agriculture within the lifetime of men now living than in the previous 2000 years Rapid Changes Eisenhower said the rapid changes taking place in agricul ture are largely theTesult of a major breakthrough in agricul tural science and technology constitute a revolution that can not be reversed and are contin uing It cannot be avoided and it need not be feared he said In recognition of this basic fact we must find ways of utiliz ing more completely the abun dance that our farm people are j now find able to produce we must ways of further expanding markets for this increased pro duction not only among our own citizens but among other people the world who needthe zewski of the Gardcna plant isfood and clothing we produce in farmer and businessman is the week He will set up production Knes and put the plant in opera second to enter the GOP lieuten a n t governor race State Sen Alan Vest of Sac Citv announced tion Tne hiring of local em will begin after his arri his candidacy previously Mooty has served four terms in the Iowa House of Represent atives and was elected speaker in the last ses sion He is a graduate of the State Univcr Isitv in the day sity of Iowa Early morning lows rangedlavv school and from 22 at Atlantic to 31 at l a w wa Cedar Rapids and Grundy Cen Moines Mason City had 30 jter from 1930 Some drizzle and fog was reuntil when ported in northeast Iowa Wednesjhe entered the day night but skies were expected Army Air Force jval An estimated 6570 employes will be needed during peak pro duction This is double the pre vious estimate In addition to the employes in the plant there will be many subcontractors needed The larg est of these will be for fabricat ing the steel frames used in the trailers It is honed that all In outlining his recommenda tions Eisenhower said it was es sential that they be accepted this year to improve the status of ru ral people in greatest need to aid agricultural adjustment provide more freedom expand markets jand thereby to help raise farm family income Wider Range Eisenhower urged Congress to widen the price support range on btasic crops work can be handled bv nee peanuts and tobacco frrric jand dairy products from 7i to 90 per cent of parity to 60 to 90 per cent of parity He suggested that Congress per mit the support rates to be set ad firms Hanson Building The plant is to be located in the John K Hanson building on to clear over all but the northern He served until MOOTY 1946 highways 69 and 9 in the portion formerly used by Motors bv the agriculture ecrelarv Hc lhe secrctry As the remainder of the bmldingiwollW offer supporls nn lhc rising to js by present tenants it will s at lcvcs as w h as d V be added o tnc ongmaljbe umjcr lhe critcri A Inn fMim nv merit will hr i counties Thursday Highs werethe rank of major forecast to range from the uppcrj He served two terms as plant All the employment will 30s in the northeast to near 50Grundy County attorney bcginjdrawn from local residents in the extreme west jmng in 1932 and has been on thei The only present employe is for wvTs The Weather Bureau said the Grundy Center city Council for1 Miss Myrtli Jerde Forest Cityof a sc Benson rec The inclusion of lower supports outlook called for the mild wea ther in Iowa to extend through Saturday with only minor changes in temperatures SEARS LAYOUT The architects plans filed at City Hall for the new Sears building on the old fairgrounds show a large parkingarea between the building and Federal Avenue The dotted line encloses the 10 acres which has been leased to Sears Philip Levit Chicago realtor who is constructing the building also owns the remaining 25 acres of the former fairgrounds SAME DATE 1957 25 eight years n i bookkeeper who is the temponounccd that tho dairy rates for Since he was discharged fromrar offico manager She will the dairy marketing year begin the Air Force he has devoted histakc names of those interested in April would be at 75 per primary interests to farmingwork in lhc factory and will noiccnt of parity The announcement and business operations HONORARY DEGREE tify them of the time for making caused considerable agitation in formel application and among dairy In he corporation formed herogroups local residents will supply FAIRFIELD US diplo1 worth of capital and the parent mat is one of four men who willcompany will supply Sl5000 receive honorary degrees SundayShares are S100 each and will at the annual Parsons College carry a 6 per cent interest Meler 6r relief ndminisiralor for alumni honors convocation He isCreary has offered a 10 per cent Iowa during the depression years Ambassador Harold M Randallpremium on any shares he buys uui a social welfare worker who 3 native of Jefferson County out in the next 10 years There is had been active iti Mnssachu lowa and a 1924 Parsons gradustill So000 worth of stock outsetts New York Minn Iowa ate islanding North Carolina died Wednesday MISS TAYLOR DIES TRYOX NC Ina Ty   

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