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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Dec 27, 1955
Page
2
In Sugut in Time York a county court judge sentenced Percy P. Ousterman to 30 days in jail for drunkenness. He quipped about Thanksgiving and Christmas as officers checked his lengthy police record before serving turkey, noting he had just finished a rough weekend and feared missing Christmas.
Washington report says thousands of veterans who sold GI mortgaged homes remain liable to the government if the loans default. Committee Chairman Teague notes about a fourth of 3,350,000 GI financed homes are no longer owned by veterans. Teague plans remedial GI home loan legislation and amendments, plus scholarship proposals for orphans of WWII and Korea, and hospital repair efforts. The piece also mentions irrigation use by Brigham Young and Mormons in 1847 near Salt Lake City.
Poultry markets show firm demand in the Little Rock Northwest and Batesville Floral areas with broilers and fryers quoted mostly at 20 cents. New York stock indexes rise about 2 points overall as railroads strengthen on good earnings outlook while motors face a 1956 production dip. Cotton futures swing with mixed deliveries. March at 33.86, May 33.10, July 31.65. Live cattle and calves steady to higher with prime heads at 31.00 top, hogs and sheep varied, lambs steady around 18.50 to 18.25 in mixed lots.
Heavy caponettes remain steady to firm with most items showing little change. Receipts in coops 81,873 lb with 531 coops. Prices quoted for heavy hens 22-26 cents, light hens 16.5-18.5, broilers 22-23, old roosters 14.5-15.5, caponettes under 4 pounds 25-26, over 4-1/5 lb 30-33, hen turkeys 37-38. Butter and eggs steady with wholesale prices largely unchanged. U S large whites 60-69.9, standards 50.5, dirties 43, checks 42. Current receipts 45.
Grain and provisions summary shows Wheat and Corn figures with No 2 yellow at 1.284 and No 3 1.2214-2634, Oats No 1 heavy white 70.14, soybeans oil 11 and meal 51.50-52.00, barley malting 1.30-1.40 and feed 0.85-0.98, while at the St Louis National Stockyards hogs total about 21,000 head with mixed weights 180-230 lb trading around 11.00-11.75, 1 and 2 grade hogs 11.25-12.00, 200-215 lb around 12.25, and 230-270 lb near 12.00.
Associated Press reporter Bill Chambers describes ten days of heavy rain and floods that devastated Humboldt County in northern California. Klamath and Klamath Glen are nearly wiped out, with up to 12 feet of water levels in downtown Klamath, widespread destruction of homes and roads, and about 2000 people left homeless. Damage totals reach about 50 million dollars with many lives and livelihoods ruined. Weather outlook notes Louisiana and East Texas temps and cloud cover later.
The U S Court of Appeals will hear arguments on how the Federal Power Commission authorized four natural gas producers to sell gas for a Louisiana to Michigan pipeline. Panhandle Eastern and Memphis face due process objections after being excluded from a producer hearing. The decision may delay no construction, though the 140 million dollar system from Gulf Coast fields to Detroit and Milwaukee proceeds.
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