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Newspaper
Logan Daily News
Location
Logan, Ohio, United States of America
Date
Jun 02, 1952
Page
4
The Logan Daily News is a daily except Sunday paper published in Logan Ohio by Wayne ee Company. It lists editors publishers and AP affiliation and provides extensive subscription rates for various zones and durations.
London discusses extending the international wheat agreement with 22 exporting and importing nations while U S representatives press for higher export prices than the $1.80 floor. The current program subsidizes farmers at $2.46, costing taxpayers hundreds of millions as quotas rise to 255 million bushels annually amid large harvests.
Interest rates lag price rises despite rising municipal debt and premium bond issues. The U.S. government announces a new defense bond issue of one billion dollars. Since 1941 about 70 billion dollars in series E bonds have been sold, with 35 billion outstanding. At ten-year maturity E bonds yield 2.9 percent, earlier sales yield less. Including F and G issues, total outstanding is near 104 billion. Bonds must mature to earn 2 percent. Savings bonds now offer limited earning power. A modest rate rise on the forthcoming issue may spur sales as public demand for higher returns grows, seen as a sign of economic stabilization.
The article notes a Paris gala aligning Twenty First Century Democrat ic Nations exhibits with European art shown from American collections. The Boston Symphony Orchestra debuts in Europe at the Paris Opera to rapturous applause, conducted by Charles Muench, in a program blending American and French works before a crowded, influential audience.
June 2 Washington dispatch notes AFL and CIO leaders Green and Murray cannot commit their huge memberships to Stevenson Harriman or Kefauver Barkley. Labor factions show waning influence with Truman relying on wage-boosting stance, while internal disputes and factional splits threaten unity ahead of 1952 contests.
Dr. Herman N. Budensen emphasizes that head injuries, even mild, can cause serious problems or death and are not proven to cause brain tumors. He notes hemorrhage from brain vessels requires immediate surgery when bleeding is present and urges calling a physician right away after any head injury.
A vivid portrait of Long Island North Shore wealth, mansions, and private estates like Ormston and Matinecock Point. The piece notes plummeting fortunes amid high taxes, repurposed mansions, and shuttered homesteads now used by institutions, nursing homes, or clubs as symbols of a vanished era.
Farmers report corn planting winding down and early corn cultivation under way on Buck Run. The Funk couple announce the birth of a son on May 16, with Mrs. Funk the former Eileen Goss. Neighbors visit, share meals, and assist with garden, potato planting, and bread making across Woltz and related families.
Hal Boyle discusses how a high income does not guarantee financial comfort explaining Dorothy Shay as a case study. He traces her 1951 budget from an $81,000 gross to living costs, taxes, and non deductible expenses, ending with only $330 saved. Rising prices push her to estimate $100,000 for 1952.
Traveling postoffices will begin in the Ohio Valley on July 1 with buses equipped to process mail. Two clerks aboard each vehicle will handle roughly 150 sacks on routes from Cincinnati to Portsmouth and Indianapolis, linking Amelia New Richmond Point Pleasant Moscow Neville Chile Felicity Bethel Hamersville Georgetown Russellville Ripley.
Mr and Mrs Orrin Francis of Upton Massachusetts ordered a halt to construction on their new home after a song sparrow built a nest in the basement. When carpenters hammered the bird flew away prompting a pause until the eggs hatch.
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