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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 08, 1948
Page
8
Two University of Iowa geology professors will attend the 18th International Geological Congress in London this summer, representing Iowa City. The event gathers researchers from around the world to discuss advances in geology and related sciences.
Eight men named in indictments from a Audubon grand jury investigation into cabin camp management irregularities. John H Sunberg faces three indictments for gambling devices liquor nuisance and gambling house. Others face two counts or one count each and all are free on bonds. Leo Shearman also charged with operating a vehicle while intoxicated.
Tokyo reports the purge appeals committee permanently bars Saburo Kurusu from all public office along with 804 others including 10 ex ministers. Kurusu is penalized for involvement in the tripartite pact while serving as peace envoy to the United States during Pearl Harbor. Pedestrians urged to wear white at night on highways.
Hedge selling in wheat and profit taking in corn and oats pushed down grain prices at the Chicago board of trade. Soybeans held firm while Texas harvests fill elevators, leaving wheat near unchanged, corn and oats mixed, and soybeans higher. Cash grain prices in Chicago show No 1 yellow corn around $2.30 to $2.31, oats near $1.21 to $1.14, and barley quoted varying by grade.
USDA reports hogs salable 12 000 opened fairly active with gains limited by late bids down 26 75 cents. Good and choice 180 240 lb butchers 24 75. 240 270 lb 23 50 24 50. 300 360 lb 19 60 23 75. Sow prices 18 16 remain. Cattle and calves show steady to higher trends with fed steers 85 50 per cwt and bulk good and choice steers 32 50 35. Calves 30 00 31 50, cows 19 00 23 00. Sheep active with spring lambs up 50 cents to 31 00, lambs 27 00 27 50 per cwt.
Chicago Livestock Market shows hogs 1800 head with prices up to 24.76 and 23.00 for various weights. Cattle sales total 7000 head with strong demand for steers and yearlings, top around 36.60, calves 800 total, and sheep 1000 with slaughter lambs up about 50 cents. Prices reflect steady to higher trends across weights and categories.
Harold E. Stassen, visiting Connecticut for second choice support from the 19 member delegation, urged senators to back Vandenberg on restoring Marshall Plan funds, criticizing the House for its stance. He argued full restoration is key to the party’s position.
A gas explosion in the Hillcrest Country Club locker room in Los Angeles left five people hospitalized as the clubhouse roof blew off and a fire gutted the building. Police said an earlier ambulance report about two hooded suspects was not borne out. loss estimated at $175,000 after 12 fire companies battled the blaze.
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