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Newspaper
Monroe Evening Times
Location
Monroe, Wisconsin, United States of America
Date
Aug 08, 1947
Page
5
A wartime report warns of a potential mortgage collapse as farm real estate values rise and credit tightens. Average values are up about ten percent from a year ago and ninety five percent above 1935 to 39 prewar levels, with banks increasing farm loan shares.
Community notes recount an ice cream social at Ches two weeks ago hosted by the Homemaker's club for Hui ends and families. Several couples vacationed at Bar ron and cottage trips occurred at White Pines park and Vilas Park Madison. Local sports mention South Wayne baseball beating eng 12 to 3. Other items note visits to Monroe and Janesville and skim milk nutrients comparison.
Robert Davenport of Monroe high school will supervise the beef cattle exhibit in the junior state fair. Ed Klassy of New Glarus will assist. Green county features a 4-H booth on Adequate Power Avenues with food demos led by Miss Marlys Richert. Livestock entries top 760 swine and 1,157 cattle and premiums exceed 4000 dollars.
Milwaukee announces FHA can loan up to 90 percent of current cost for lot and building of single family homes. Thomas King says a $9 000 home needs $900 to start. loan up to $8 100 at 4 percent through qualified lenders, paid in 25 years. Upcoming meetings set in Madison Eau Claire and La Crosse.
Jewish leaders called a three week work stoppage in Jerusalem in response to the detention of three Jewish mayors and about 40 others aimed at checking terrorism. Violence persisted as British officials reported a mine explosion wrecking 12 oil tank cars near Ras El Ain between Tel Aviv and Haifa, ripping up 300 yards of track with no casualties.
The agriculture department warns limited funds may reduce foreign demand for American food by year end. While non food purchases may fall sharply exports could stay high if foreign nations boost dollars. Domestic food demand remains strong and farm prices are expected to stay elevated.
Mrs. Jule Nelson owns a cucumber cactus over 25 years old, standing three feet tall with large fragrant lily shaped blooms. The plant blooms at night for three nights each year, with 23 blossoms this season. Nelson is the third generation in her family to own the plant.
Government shows documentary evidence to counter Gerhart Eisler on Comintern control as he returns to testify. Assistant U S district attorney William Hitz plans to question the makeup of the Communist party.
The report notes several western red cedar trees measuring about 18 feet across and towering roughly 200 feet in height, highlighting their exceptional size and age.
Local residents and families embarked on weekend trips and hosted gatherings. The report lists numerous visits to Chicago, Milwaukee, Madison, and Janesville, along with bridge club evenings and house calls, highlighting community social life and mobility.
Monticello residents hosted and visited relatives and friends this week. Sunday guests included Andrew Hoesly. Monroe business callers included Mr. and Mrs. Henry Schmid. Travel spans Sturgeon Bay to Mt Horeb and Madison to Panama as Messrs Streiff and family relocate by plane.
Mr and Mrs C L Crage and guests head to Lake Tomahawk for a week of fishing then plan a week at Lake Superior before returning home. Also traveling are Mr and Mrs Otto Bartelt Mr and Mrs Howard Lueek and daughters who will visit Will Taylors sheep ranch near Casper for about ten days.
Des Moines visitors hosted relatives during the weekend. Mr. and Mrs. Glen Parnham received their guests. weekend travelers included Mrs. Ben Disch of Santa Rosa and Mrs. Heinzelman of Monroe. Other visitors were Miss Marvel Wells and Mr. James Avery, Rockford, with Rollie Wells family. Carl Wilke and Ernest Wilke plan to reside in town and operate the family store. The Hastings of Sanger, California, left with Joseph Dale and Brant W. Binger after visiting.
The article notes that American flag vessels account for 70 percent of trade between the United States and Caribbean ports, highlighting the dominance of U S flagged ships in regional commerce.
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