12 Dec 1947
Page 1
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Newspaper
Monroe Evening Times
Location
Monroe, Wisconsin, United States of America
Date
Dec 12, 1947
Page
1
A report notes a loss of 100000 from the sale of holdings related to Pauley Truman. He claims he did not know he was operating in the futures market and mentions government permitting and a special assistant role to Chairman Bridges of the senate committee.
Ber Nice Littlefield, a former Platteville resident who died November 27 in Philadelphia, left the income from a $75,000 estate to the Platteville public library. The legacy includes real estate in Platteville and Philadelphia where she lived for 30 years. Littlefield, a 1894 Platteville Normal graduate, taught in Wisconsin and Washington and was the Punk family’s last survivor in Platteville.
The Silver-Lewis factory in Mt. Pleasant township seeks rebuilding and enlargement to produce brick cheese beer cheese American and limburger. Ray Silver reports plans drawn for state approval. Albert Moritz is factory president. Eight milk suppliers now with potential to grow to twelve or more.
Albert Lofthus a Brodhead resident who moved to Orfordville to live with his sister died at 2 15 pm yesterday at the Slinde oil station in Orfordville He had been in ill health for years Born Sept 10 1677 in Avon township he lived in Brodhead until 1935 Surviving are two sisters Mrs Eggen and Mrs Ben Renly and two brothers Oscar and Perry Lofthus all of Orfordville Funeral service will be at 2 pm Saturday at East Luther Valley church with Rev Marcus Lewis Interment in church cemetery Friends may call at the Silverthorn funeral home Orfordville this afternoon and evening
In Rome police in jeep squads swing clubs to disperse strike crowds in Piazza Colonna. AP photojournalists Green and Noel were struck but unharmed. Bystanders jeer as transport vehicles carry protected workers, while cafes reopen amid tensions with 20,000 partisan reinforcements feared arriving from the north.
Gasoline and fuel oil prices remained unchanged today as local dealers were alerted via radio and newspaper stories of a Monday price increase to come.
Soviet Foreign Minister Molotov could defer Russia's 10 billion reparations claim if the foreign ministers conference agrees to immediate establishment of all German economic and administrative agencies. Molotov may propose deferring payments from current production until Germany's economy balances, while Marshall and Bevin push for a comprehensive German settlement and avoid patchwork deals.
Light snow began today as temperatures rose into the high 20s offering brief relief from cold. The Milwaukee weather bureau predicts more snow and cloudy skies tonight into Saturday with lows of 10 to 15 above in southern Wisconsin. Elsewhere, a broad cold spell covers much of the country with subzero readings in parts of the Midwest and northern Wisconsin. In Manila officials discuss a Japanese peace conference possibly held there, origins unclear.
Secretary of Labor Schwellenbach submitted to Congress standby anti inflation proposals detailing price ceilings and rollbacks. He said controls would target essential commodities affecting cost of living and basic to production and foreign policy. Maximum prices would apply only to shortages or prices exceeding June 1947 levels.
Senate and House conference committee approve a $150 million advance from the Reconstruction Finance Corporation to begin stopgap relief in France, Italy, and Austria pending foreign aid approval. Conferees set total aid at $590 million with $60.6 million for China and cap purchases of foreign goods at 10 percent of funds. Eaton labels the process a mess caused by farm price protections.
New York reports a 9 to 13 percent rise in retail sales for the week ended Wednesday, with Christmas shopping driving demand for apparel, lingerie, gifts, toys, and small appliances. Demand for refrigerators and sewing machines remains tight while regional gains ranged from 6 to 16 percent year over year.
In Luzerne county Pennsylvania the Lehigh Coal Franklin collier section suffered two blasts 1000 feet underground, killing five miners immediately and two more later. Federal investigators opened inquiries as the death toll rose to eight with another miner in critical condition. A second incident near Memphis Tennessee involved a large craft crash killing 20 and possibly 21 aboard. Col Donald K Fargo announced the Memphis toll and a board was formed to investigate.
Prices climbed half a cent on cheddar but no sales occurred on the Wisconsin cheese exchange. Unfilled bids included two cars of cheddar white or colored at 42, one car colored single daisies 44 46, and one car square prints colored 60 days old at 47.
Auction reports show stronger horse sales with a silver-maned Belgium team fetching 525 dollars and a roan team at 165 each. Overall average horse prices rise and tractors dominate demand, with several machines selling above 1 500 dollars. Feed and hog prices stay high as farmers plan financing ahead of spring.
Swiss Colony ramps up for peak holiday shipments at its Milwaukee area plant. More than 300 extra workers handle an avalanche of orders as packaging moves to the second floor and a continuous belt speeds packing. Finished boxes go to the Reger Cheese Co. shipping room then onto railroad parcel post. Offices: 1218 14th avenue. PROSECUTION ASKED Washington—House labor panel seeks DOJ action for offenses violating the Sea Act targeting James Petrillo and the American Federation of Musicians.
Joe Louis said his next June bout will be his last as he defends the heavyweight crown he won in 1937 for the 25th time. He indicated the June bout need not be with Jersey Joe Walcott, who lost a split decision to him recently in Camden, New Jersey.
President Truman will review the European relief and recovery problem at a White House conference with Democratic and Republican leaders Monday. Invited are Senators Vandenberg White Barkley Connolly and House leaders Martin Rayburn Halieck Ea Bloom. Senator Taft is not invited.
Congress and the White House clash over wage and price controls as Schwellenbach and Taft propose measures to curb inflation. Schwellenbach urges price ceilings tied to wage controls while the Senate GOP outlines a long-range anti inflation program. Secretary Harriman offers allocation proposals amid GOP opposition. Barron County Electric receives a $635000 rural electrification loan.
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