Record High Losses in Farm Price Support Program Costs
The Agriculture Department reports record farm price support losses totaling 799,061,464 dollars for the fiscal year ending June 30, up from 419,477,074 the prior year. Losses stemmed mainly from giving away or selling below cost. The department's farm surplus investments stood at 7,069,277,000, including loans on products withheld from markets and commodities owned outright. Wheat led inventory at 2,546,979,000, with other major holdings including corn, cotton, butter, and cheese. Strategic materials valued at 49,301,000 were also held through foreign barter.
MENTIONED IN THIS ARTICLE
Washington
Ioan
Sperariculture Department
Judge Orders Cult Leader to Pay Child Support
The California Supreme Court upholds an Alameda County court order requiring Francis H. Pencovic known as Krishna Venta, head of Wisdom Knowledge Faith Love, to pay $100 monthly child support. The ruling notes international travel and a Las Vegas expense while affirming ongoing support obligations. The sect operates near Canoga Park.
MENTIONED IN THIS ARTICLE
Los Angeles
Krishna Venta
State Supreme Court
Alameda County
Venta
Supreme Court
Garmbling
Las Vegas
Nev
Head
Francis H. Pencovic
Lucyle W. Pencovic
Pencovic
Canoga Park
Civil Defense Siren Drills to Resume Next Week
Sacramento reports Civil Defense siren drills will restart with a monthly test on September 30 at 11 am. The new signals include a sustained alert, a minute of silence, and then rising and falling take cover or Warning red signals. Communities should participate to test equipment and public awareness.
MENTIONED IN THIS ARTICLE
Sacramento
Civil Defense
Pierson
House Hearing Set on Aluminum Supply Problems
Washington House small business subcommittee will hold hearings here on September 29 to examine aluminum supply and distribution problems led by Chairman Yates of Illinois. The session addresses steel, trade, and industry concerns affecting manufacturers and workers nationwide.
MENTIONED IN THIS ARTICLE
House
Washington
Yates
D-Ill
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