Muskegon Faces Snow Over Twelve Feet This Winter
Muskegon Michigan reports extreme snowfall with 13 feet buried homes and streets while residents joke about New York's lighter accumulation. The city, home to 140000 people, endured record daily and weekly totals and kept schools open despite heavy storms.
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Dirksen Formula Aims at Taxpayer Funded Spending
Washington report covers Sen Dirksen proposing a constitutional amendment style note to require funds in future authorizations and appropriations come from taxpayer supplied money. FTC undecided on cigarette ads amid NYT report of potential industry tone shift. Johnson foreign aid panel delays report with Panama crisis noted. Hornig nominated to head OST. Horton accuses White House of a news conference drought while Johnson promises varied televised events.
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Commodity Credit Investment Totals Near 7.74 Billion Dollars
The Agriculture Department reports the Commodity Credit Corp holds 7.741 billion dollars in reserve and surplus farm products as of November 30, similar to last year. It estimates a loss of about 1.32 billion dollars on this investment due to storage costs and farm price support programs. Livestock feed grains total stood at about 2.438 trillion dollars, while wheat investment reached roughly 2.565 trillion dollars, with year-ago figures shown for comparison.
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