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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Aug 10, 1960
Page
3
The Agriculture Department forecasts 1960-61 world wool production to hit a new high, with Free World output rising about 38 percent due to a doubling in the USSR and larger yields in major producing regions. U S shorn wool is projected at 206 3 million pounds, up 3 percent from 1959, the highest since 1946.
A chaotic pre election scene unfolds as Senator Johnson faces intense pressure from both parties during a planned short session. Eisenhower, Kennedy, and Nixon allies weigh how to push through key bills while campaigning for November.
For Boys. Stock up now for all his needs. Choose from Sear big assortment in med. or larre. Low-level, even buoyancy, Non-allergenic, Cotton cov er zips.
Washington AP reports first 1960 cotton crop estimates at 14,471,000 bales, 87,000 below last year. Yield projected at 447 pounds lint per acre vs 462 last year, with generally lower yields offsetting 3 percent higher acreage. Prospects vary by region with Georgia and Carolinas maturing well. Alabama recovering. Texas saw growth after late rains. California and Arizona optimistic. California expected to exceed two billion bales for the first time.
Washington AP report says a White House analysis finds congressional action could cost the government four billion dollars, nearly erasing the President’s surplus. Over five years, net federal expenditures could rise about twenty billion beyond the administration’s proposals, threatening the fiscal plan started last July.
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