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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Nov 11, 1947
Page
2
Government analysts report tax receipts for the year ending June 30 may top the budget estimate of 41.7 billion by about 2 billion if revenue remains strong. Individual income taxes withheld rise sharply, with farm taxes paid outside withholding boosting nonwithholding collections.
Turkeys are being marketed earlier due to maturity and high feed costs. Pacific coast stocks on Oct 1 totaled 10,330,000 pounds versus 7,559,000 a year earlier. Hens retail prices are about 4 cents lower than last year, wholesale 48.50 cents, toms wholesale about 2 cents higher.
Old Bay mare Dolly suddenly bolted during a maiden race under a makeshift handicap. She pulled wagons through Edmondson Ave causing a baby to be bumped and injuries to bystanders as cars and a street lamp were knocked aside. Driver Melvin Mackey fled to a grocery after Dolly rammed a carriage and halted.
Disjointed clipping reports a Nevada court hearing involving a novelist's former spouse. Details are unclear but reference to a 2-year-old child and a university context suggests pending custody or divorce proceedings in Las Vegas.
Fragmented wires describe a Nevada divorce note, a California case, and a San Francisco Island station detail. also a Tokyo NATO report quotes General MacArthur on Japan's economic future and Asia conflict, mentioning China, Marshall aid to Nanking, and Soviet concerns amid civil war delays.
In Copenhagen on Oct. 4 the Social Democrat party reports a new Danish premier designating Hedtoft to succeed Kris Kristensen. The coalition government lost a key vote in Parliament, signaling a political shift as the new leader prepares for governance.
A search for two missing men from a fishing vessel near Eureka begins as authorities identify the boat Cappy tied to the Bay area. The vessel reportedly departed from California with two crew members aboard, and efforts focus on locating the vessel and crew.
Taft warned that aid to Europe should be limited and carefully administered to avoid fueling inflation and wartime price controls. He argued the Marshall plan needs scrutiny before expansion and urged addressing US tax burden and government spending. He also criticized Germany’s economy impact and European shortages from US policy.
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