Hope To Pay For War With Cheap Money
The treasury plans to refund 13.5 billion dollars of securities with 13month 1% notes while the Federal Reserve New York Bank raises discount rates to 1% from 1.5%. Critics say the plan may clash with inflation control as the treasury avoids nonmarketable long term bonds and instead offers short term low rate notes to banks.
MENTIONED IN THIS ARTICLE
New York
Treasury
Federal Reserve Board
Reserve Board
Wall Street
Federal Reserve Bank of New York
Federal Reserve
Reserve Bank
Westby Families Receive Korea War Notices
Westby Wisconsin families learn their son Neal Sather is missing in action in Korea, while Kenneth Dunnum Jr. is seriously wounded. Telegrams from the War Department informed the Sather and Dunnum households, with Dunnum noting two weeks of combat in a letter dated August six.
MENTIONED IN THIS ARTICLE
Westby
Wis
War Department
Carl Sather
Neal
Korea
Kenneth Dunnum, Jr
Kenneth Dunnum
Japan
Elm Grove district detaches from city for referendum path
The Elm Grove district votes to detach from the city under an old Wisconsin statute allowing boundary changes. The move opens a route for a county school committee to issue another attachment order and for a valid referendum petition to be circulated for Elm Grove electors to vote on the school matter.
MENTIONED IN THIS ARTICLE
Bosshard
Wisconsin
Shelby
Campbell
la Crosse
Elm Grove
Election Contests Shape Closest Senate Races and State Noms
In the race for the 3rd district seat, state Senators Frank Smith and Oscar Wolfe narrowed the lead as 129 of 135 precincts reported. Smith 6627, Wolfe 6550, third candidate Lomax Lamb Jr. 4473. Wyoming nominates Barrett for governor, McIntyre leads Democratic governor bid, Harrison leads for Barrett’s vacated house seat, Clark tops Dems. Delaware Democrats pick Henry Winchester to face Republican J Caleb Boggs.
MENTIONED IN THIS ARTICLE
Frank Smith
Oscar Wolfe
Will V. Whittington
Smith
Wolfe
Lomax Lamb, Jr
Wyoming
Frank A. Barrett
John J. McIntyre
Barrett
William H. Harrison
Homer Oxley
John B. Clark
Delaware
Henry Winchester
Brandywine Hill
J. Caleb Boggs
Australian Employers Offer Dowries To Attract Stenographers
Under a group life plan Australian employers promise dowries to stenographers aged 20 to 30. Workers receive up to 175 dollars after two years or 660 dollars after ten years as incentive to join and stay.
Winona Livestock Market Report Highlights Steady Slaughter Demand
At Winona, South St Paul stockyards report cattle numbers: 3,500 head, calves 1,300, with slaughter cattle steady to higher and dealers barely steady. Prices show steers 31.50 for 1,171 and 32.00 for 1,184 lb, heifers 30.25–30.50 for 800–925 lb, and varied beef and stocker categories. Hogs 4,500 head, market steady to 25 higher for light weights with multiple weight brackets and sow values noted. Chicago cash grain and futures quotes follow with grains and beans in tight ranges and mixed futures signals.
MENTIONED IN THIS ARTICLE
South ST. Paul
Minn
USDA
Derry
Swift & Company
Tech
Chicago Potatoes Market Report
Chicago arrivals total 57 cars with 239 on track and 362 shipments nationwide. Supplies are moderate and demand fair with the market about steady. Prices include Idaho Oregon long whites 63.50, Nebraska Warbas 2.20, Washington long whites 3.25 60, Russets 3.65 80, Wisconsin Cobblers 2.00 25, Triumphs and Warbas 2.50.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U. S
Idaho
Oregon
Nebraska
Washington
Wisconsin Cobblers
Chicago Produce Prices and Receipts Report
Live poultry receipts reach 38 loads with steady to firm prices. Heavy hens sell 25 to 28 cents, light hens 25 to 26, roosters 28 to 33, fryers 31 to 36, old roosters 20 to 21. Butter receipts include 1.059 million pounds with wholesale prices unchanged. Eggs steady with 9,536 cases. wholesale prices unchanged except U S extras rise one cent to 39 through 48.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U. S
Chicago Livestock Markets Bid Higher On Hog and Steer Trade
USDA reports salable hogs around 7 000 with prices up to 25 cents on butchers and 25 50 cents on sows. Calf and steer categories show gains or steadying values with prime steers around 32.25 to 32.75 and mixed yearlings near 31.00, while cows and vealers trade in the mid to upper 20s and low 30s.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
USDA
Senators and House Agree on River and Harbor Bill
A conference agreement between Senate and House members sets about 686 million dollars for rivers and harbor work, cutting 77 million from the Senate total and 56 million from the House approved figure. The package trails the presidents January budget by about 148 million and awaits final house and senate approval upon completion of the spending bill.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Truman
House Senate
Gloria Vanderbilt Stokowski Welcomes First Child
New York reports Gloria Vanderbilt Stokowski gave birth to a boy Tuesday night at a New York hospital. Mother and child are reported doing well. The 26 year old heiress is married to 68 year old conductor Leopold Stokowski, wed in Mexico City in 1945.
MENTIONED IN THIS ARTICLE
New York
Gloria Vanderbilt Stokowski
Leopold Stokowski
New York Hospital
Stokowski
Mexico City
Wisconsin Campaign Leaders Attack Opponents in Milwaukee Forum
Campaign on Pace 1 platform adopted in Milwaukee in June was silent on the subject. LaVern Disney accused Wiley of isolationism and said any Democratic ticket member would improve the situation. Carl W. Thompson criticized Republican district reapportionment as a constitutional violation and praised Democratic efforts to address the issue.
MENTIONED IN THIS ARTICLE
Milwaukee
LaVern Disney
Wiley
Disney
Carl W. Thompson
Milwaukee Forum
Wisconsin
Thompson
Car and Driver Escape After Crossing Collision
Trempealeau man Edward Schulenberg watched a switch engine mangle his stalled car at Minnesota City crossing. Mrs Schulenberg leaped out to warn, the engineer signaled to jump, and Schulenberg escaped with a spare second. Auto damage estimated at $400.
MENTIONED IN THIS ARTICLE
Trempealeau
Edward Schulenberg
Schulenberg
Minnesota City
George Fort
Soviet and American clash over Korea fuels UN debate
In a 1950 council session Austin attacked Malik over a Russian shell found in Korea as proof of propaganda. Malik urged UN withdrawal of foreign troops, calling the conflict a colossal bluff. The Soviet rep claimed the US British bloc seeks to widen aggression and turn the UN into a tool of policy.
MENTIONED IN THIS ARTICLE
Korea
Austin
Security Council
Malik
Russia
Austin Salida
United Nations
United States
Britain
Doesn't Do Any Good To Come Out Second
Milwaukee Wisconsin. Walter Kohler Jr a Republican governor hopeful learns a political lesson at the Wisconsin State fair from Wilbur Renk a top sheep breeder and Kohler campaign treasurer Renk reports five or six firsts and two champions while Kohler notes seconds are not valued Renk replies in politics winnings count and seconds do not count toward success
MENTIONED IN THIS ARTICLE
Breeder
Kohler
Milwaukee
Walter Kohler, Jr
Wilbur Renk
Sun Prairie
Renk
Froedtert Grain to Acquire Weschler and Sons in Milwaukee
Kurtis R. Froedtert announced Froedtert Grain and Malting Co will buy the local competing firm Daniel D. Weschler and Sons Inc. The Weschler assets are valued around 2 million dollars and the malt capacity of 2.5 million bushels annually would lift Froedtert’s potential to over 23 million dollars. The deal is expected to close next week.
MENTIONED IN THIS ARTICLE
Milwaukee
Froedtert Grain and Malting Co
Daniel D. Weschler and Sons, Inc
Kurtis R. Froedtert
Weschler
Froedtert
Eschler
Westby Reports First Polio Case Of Year
Bruce Rudie four year old son of Mr and Mrs Jules Rudie was taken to a La Crosse hospital where his illness was diagnosed as polio This is Westbys first case of the season Two other patients Marianne Knutson and Shirley Rongstad have left quarantine and are expected home soon
MENTIONED IN THIS ARTICLE
Westby
Wis
Bruce Rudie
Jules Rudie
la Crosse Hospital
Marriane Knutson
Shirley Rongstad
la Crosse
Eye injuries hit junior high students hardest
A report shows children in junior high school grades suffer more eye injuries than any other group. The finding highlights schoolyard and sports risks and the need for protective eye gear.
Polio Stricken Mother Reunites With Children After Year
Mrs. Robert Anderson a 34 year old polio patient who spent 12 months in the Wisconsin General Hospital Madison in an iron lung regained some movement and sat up in bed after a year apart from her four children Le Roy 13 Philip 10 Patricia 9 and Stanley 7 who had lived with relatives during her illness Doctors expect only a few more hours in the respirator and possible total recovery in weeks as the family reunites in Wisconsin Dells
MENTIONED IN THIS ARTICLE
Wisconsin Dells
Wis
Robert Anderson
Wisconsin General Hospital
Madison
le Roy
Phillip
Patricia
Stanley
Saudis Operate U.S. Style Gas Stations With American Pumps
Report notes Saudi Arabians are running service stations using American gas pumps, signaling adoption of U.S. petroleum equipment. The development suggests modernization of local fuel retail as foreign equipment enters the market.
MENTIONED IN THIS ARTICLE
America
Youth's Body Found In Lake Arbutus
The body of 19 year old Harry Schneider of Rockford NL was recovered at Lake Arbutus in Hatfield Wisconsin after a week of search by Jackson and Clark county officials. Schneider drowned Aug 16 while swimming with friend Richard Wallace of Neillsville on a raft. Wallace could not locate him and divers failed until law enforcement recovered the body.
MENTIONED IN THIS ARTICLE
Hatfield
Wis
Rockford
Harry Schneider
Lake Arbutus
Jackson and
Clark County
Schneider
Neillsville
Richard Wallace
Wallace
al Young
Chauncey Witz
Warner Radke
Charges Filed Against Sanford Simons in Plutonium Theft Case
Federal charges accuse Sanford Lawrence Simons 28 a Denver university research scientist of stealing plutonium from Los Alamos four years ago a vial was found under his Denver home He faces up to five years and a 10000 fine Simons admitted taking the substance as a souvenir and hid it to keep children away FBI noted uncertain amount and value with estimates from 500 to 200000 Simons served at Los Alamos 1944 46 later joined Denver University in 1948 He was held on 10000 bond and to be tried under the atomic energy act
MENTIONED IN THIS ARTICLE
Denver
Sanford Lawrence Simons
Denver University
FBI
Russell Kramer
Simons
Kramer
Los Alamos
N. Mex
Milwaukee Food Bill Rises 3 Percent Mid June to Mid July
The Milwaukee area family food expenses continued climbing between mid June and mid July rising three percent, according to the north central regional office of the Bureau of Labor Statistics announced Tuesday.
MENTIONED IN THIS ARTICLE
Milwaukee
North Central
Bureau of Labor Statistics
Also Mentioned on This Page
Sam Dawson
General Electric
Sears Roebuck Ark
General Motors Simmons Co
Bond & &K
General Time Sinclair Oi
Socony-Vacuum
Southern Pacific
Gt. Nor
Iron Orelé
Abbott Lab
Allied Chemical
Nov. Ry
Allied Stores
Greyhound Corp
Allis-Chalmers Mig
Homestake Mining Standard
Ind
Can
Standard Oil
N. J
Am Car & Fdry Sl
Hudson Motor
Elec
Tilinois Central Rae Studebaker
Inland Steel
Swift & Co
Power & Lt
Inspiration Copper
Texas Co
Int Harvester
Timken-Det
Marshall Field
Bethlehem Steril
Montgomery Ward
Nash-Keminator
Zenith Radio Borden Co
National Biscuit
Borg-Warner
Briggs Mig
I Budd Co
National Dairy Pr
G. Heileman Br
National Steel Home Insurance
Central
Mass
Chesapeake & Oho No. Am. Aviation
Ohio Ol
Trane Company
Com’ Wealth Edison Owens-Tu. Glass
Badger Meter
Congoloom-Nairn
Packard Motor Chicago Mold
Edison
Pan Am. Airways Se
Natural Gat
Paramount Pictures
Inter
Cellucotton Container Corp
Penney J.C
James Mig
Continental Can Penn. RR
Continental Steel
Pepsi Cola Oe Marlin
Rockwell Corn
Phelps Dodge
Crane Co
Philip Morris
Nekoosa-Edw
Ollgear
Curtiss-Wright
Paragon
Douglas Aircraft
Prentiss-Walters
du Pont
Radio Corp
Eastman Kodak
Reo Motors
Ray-O-Vac
Eaton Mig
Republic Steel Safway Stee Es
Scott Paper
Winona Livestock
S. March
Gloria Stokowski
Council
Edward W. Barrett
New
National Psychological Strategy Board
Iron Curtain
LA Crosse Tribune
Taegu
Eng
Fifth and
State Streets
Binius Standard
Midwest
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