Meat prices to rise as incomes grow and demand shifts
The Chicago Federal Reserve notes meat consumption tracks disposable income and defense spending, with 1951 prospects for higher prices. Despite larger production, tighter slaughter stock and shifts in hog and cattle output suggest a continued tight market, aided by price ceilings and increased pork share.
MENTIONED IN THIS ARTICLE
Chicago
Exah
Federal Reserve Bank of Chicago
American Meat Institute
RLM. Conn
Nial Live Stock Producers Association
Department of Agriculture
Inwa
Hlinoin
Nebraska
Uncle Sam plans bigger taxes and more savings in 1951
New York December 26 The government foresees higher disposable income next year despite tax hikes. A stronger defense boom and wage gains are expected, but tighter controls on housing raw materials and possible price and wage measures could curb inflation. Many families will shift toward corporate securities and bank deposits as debt declines and savings rise amid a broad push to raise productive capacity and shield living costs.
MENTIONED IN THIS ARTICLE
Bam Dawson
New York
Sam
Securities and Exchange Commission
S.E.C
Congress
Federsl Reserve Board
Youngsters Seized After Failed Plane Runaway Near Culver City
Three youths Lloyd Britton Louella Britton and Leonard Bryson all 12 to 14 from Los Angeles attempted to fly away from Culver City airport on Christmas eve carrying 12 dollars and a loaf of bread. A guard interrupted the taxiing ship and the engine died. They were taken to the police station for juvenile court hearing set for Saturday. The plan was to visit a civilian pilot father in Eureka Calif which lies about six miles north of the city.
MENTIONED IN THIS ARTICLE
Culver City
Calif
Lloyd Britton
Louella
Leonard Bryson
Aho
Los Angeles
Bryson
R. W. Yanz
Mildred Britton
A. A. Burlingane
Irving
Eureka
Here
73-Man Casualty List Reports December Totals
Washington reports 73 casualties in a Defense Department list dated December 27. Of these, 17 were killed, 42 wounded, nine missing, and five injured. The holiday effect on statistics likely inflates or skews the numbers and does not indicate a real change in Korean battle casualties.
MENTIONED IN THIS ARTICLE
Washington
L—A
Defense Department
Department
Drought Hits Wheat Acreage Across Western Kansas
Topeka reports three month drought has limited actual wheat acreage in western Kansas major producing areas. Agencies say crop could recover with adequate moisture soon but dry weather remains the key factor for the 1951 outlook. Poor root systems and winter kill risk rise as lack of precipitation since October 2 continues. Greenbugs and aphids threaten in some areas if winter proves severe.
MENTIONED IN THIS ARTICLE
Topeka
Cis
Kany
Federal
State Departments of Agriculture
Kansas Woman Dies Of Injuries In Car Wreck
Beaver Oklahoma December 26 Mrs Jewell Thomason 47 of Elmwood died in a hospital from injuries suffered in a two car rear end collision Saturday near here. She rode in a car driven by her son Raymond Vautl Thome. The Thomason car was struck by a vehicle driven by Max KR Niehart 15 of Beaver. Four others were in the Thomason car and three in the other car were injured though none critically.
MENTIONED IN THIS ARTICLE
Beaver
Okla
U—Mre
Jewell Thomason
Elmwood
Here
Raymond Vautl Thome
Feary
Max KR. Niehart
Thomson
Open Invitation Tells Sheriff to Seize Taxpayer in Wichita
In Wichita Kansas Dee a delinquent taxpayer named James J Bolton declares to County Treasurer Herman W Mueller that if the sheriff comes for him he will resist. Bolton cites lack of money and mockingly asks the sheriff to bring long handles snow gear whisky and a rifle.
MENTIONED IN THIS ARTICLE
Wichita
Kan
Dee
Kansas
Herman W. Mueller
James J. Bolton
Free travel for baby on Hai Hing ship
Lau Hai Hing, born mid November aboard the Hai Hing, is the son of refugees Lau Chiang Choong and his wife. The vessel’s owning company grants him first class travel free for life aboard the ship as a passenger.
MENTIONED IN THIS ARTICLE
Penang
Lau Hai Hing
Hai Hing
Lau Chiang Choong
Foochow
Ottawa and Emporia State to clash in invitational tourney opener
In Emporia Kansas Ottawa faces Drury College of Springfield Missouri and Emporia State meets Northwest Oklahoma State of Alva in the first round of a four team invitational basketball tournament here Thursday night. Finals and consolation games follow Friday.
MENTIONED IN THIS ARTICLE
Emporia
Kan
Ottawa
Drury College
Springfield
Emporia State
Northwest Oklahoma State of
Alva
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Beate
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Hanes Me Awaukee
Wic
Tapogradea Cof
Sedgwick
Leon
Mars
Rocket Engine
Ind
Sitcces
Oldemobile
Oldsmobile
Losmobile
M. F. Hudson CO
Emporia State Tourney
Firestone
Hane Firestone
POLAR
ATO
Fritz CO
N. H
Roger Allen
Frone