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Eldora Herald Ledger in Eldora, Iowa

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Newspaper

Eldora Herald Ledger

Location

Eldora, Iowa, United States of America

Date

Dec 15, 1953

Page

8

Local Happenings Across Eldora and Nearby Towns

Community notices recount visits and gatherings in Eldora Grundy Center and surrounding areas. Mr and Mrs Earl Travis visited Grundy Center to see the Willigs and their new baby Denise Rae. Several families attend Christmas events at St Olaf College and in local churches, while others host or visit relatives in Cedar Falls Winton and Marshalltown. Plans include holidays travel to Appleton Gurnee and San Diego with multiple relatives mentioned.

Earl Travis Grundy Center Glen Willig Agnes Travis Marx Johns L. BR. Soli St. Olaf College Northfield Minn Gary St. Olaf Eldon McVecely John Cedar Falls Ray Groff Robert Groff Marshalltown Russell Beye Haverhill Tom Protheroe Eldora Myrtle Farrington North Fairfield Ohio Ed Fiene Ralph L. Harmon New London Wilbur Harmon Norwalk Blaine Crosser A. W. Schultz Appleton Wis Julia Woyt Joy Strickler Gurnee Floyd Garwin J. D. Hessler San Diego Calif Bob Seney Roy Hessler San Jose Denise Rae Willigs Debra Diane Tom Caldwell

Caldwell discharged from Air Force visits family in Baltimore

Mr and Mrs Herman Last host Mr and Mrs Caldwell in Baltimore as Caldwell finishes a four year Air Force term. After Christmas the couple plan to relocate to Jeffersonville Indiana where Caldwell will start new employment.

Baltimore Caldwells Herman Caldwell Air Force Jeffersonville Ind

ASC Receives Bean Loan Liquidation Inquiries

The 1953 soybean loan program prompts questions on liquidating government loans as market price stays above the support rate. Dwight W. Meyer, state ASC chairman, notes a flood of loan applications earlier in harvest and Iowa had 5,227 loans completed by mid October on over 2,000 farms.

ASC PMA Dwight W. Meyer Iowa

Soybean price support loans and settlement details described

The county ASC outlines methods for calculating warehouse loan notes on soybeans in 1953. It covers storage deductions, sealing fees, and daily interest, with examples on how a 500 bushel loan yields 1227.50 after fees, and notes how settlement varies by period and storage status. Hardin county loans totaled 250 on 99,006 bushels by Oct 15.

Hardin County Dewey E. Eller ASC

Interest and Scaling Fee Considerations Highlighted

A brief note discusses how interest accrues and scaling fees are calculated, stressing the need to include these factors in total cost assessments. It outlines that precise rates and thresholds influence final amounts and may vary by transaction type and timing.

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