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Newspaper
Osceola Record
Location
Osceola, Nebraska, United States of America
Date
Jun 06, 1935
Page
8
The Abbey of Zsambek near Budapest dating to the early thirteenth century will be restored after being destroyed by a 1763 earthquake. It holds a special place as one of Hungary’s earliest Gothic examples.
Senator Sorghum discusses freedom of speech, saying he cannot work with those who express themselves in ways that make others dislike them. He critiques sharp or abrasive advocacy and the challenges it poses to bipartisan cooperation.
The article states there is no speed limit for motor vehicles in open country areas of France, Germany, Italy, and Great Britain. Drivers are expected to keep their cars under control at all times.
Banking and business leaders urged reforms to the Banking Act of 1935 to prevent political control of the Federal Reserve Board. R S Hecht of the American Bankers Association pressed for independence of the board, arguing credit policy should reflect business needs rather than political changes. Hecht proposed revisions to ensure the Fed operates free of partisan influence while allowing limited public oversight.
The Reconstruction Finance Corporation reports banks and trust companies received 1.86 billion dollars through April 30 1935 with repayments totaling at least 1.34 billion dollars. The program funded 7 396 institutions for 2.35 billion in loans, though 345 million was withdrawn or canceled and 140 million remains unused.
Bank Management Commission of the American Bankers Association outlines plans to standardize size and arrangement of checks notes drafts and related instruments. The bulletin notes adherence reached about 85 percent after recommendations first issued a decade ago and promoted by the Department of Commerce.
Receipts of cattle Monday were 7,500 head with demand broad to hold prices steady on desirable steers and yearlings. Best steers brought $13, while many categories showed steady or slower movement. quotable ranges cover steers, yearlings, heifers, beef cows, stockers, feeders, and calves with numerous price bands across quality levels.
Hogs receipts totaled 4000 head with broad demand and steady to strong prices. Most merchants sold at 9.50 to 9.70, top for the day, while underweight hogs and sows moved at 3.75 to 8.90, with sows prevalent in the higher end of the range.
Receipts of sheep and lambs Monday totaled 12 000 head. Fat lamb prices held near last week’s level with several grades quoted between 8 0 to 8 75 dollars. California shorn lambs brought about 7 75, feeder lambs and aged sheep about the same as last week with varied grades listed for Rangers natives and yearlings.
Notice to contractors invites sealed bids at Lincoln on June 20 1935 for sand gravel surfacing on the Osceola Fairmont patrol road 292 21.7 miles of gravel surfacing with 5200 cubic yards of material plus labor wage scales and bonding requirements. Plans available at Osceola York and Lincoln offices. Final Polk County estate hearing set for June 21 1935 at 10 a.m. with administrator de bonis non.
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