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Newspaper
Tripoli Leader
Location
Tripoli, Iowa, United States of America
Date
Mar 13, 1957
Page
2
The Tripoli Leader is a second class mail publication in Tripoli Iowa under the 1879 act. Published every Wednesday since 1894 it serves Bremer County with William A Buckley as publisher. Subscription rates are 3 dollars per year in advance within Iowa and 3.5 dollars elsewhere.
The piece argues Iowa farmers face risky dependence on Washington politics amid farm price supports and acreage limits. It warns that national policy favors urban majorities, harming Midwestern producers by shifting crops and depressing livestock markets.
Tripoli Teen Timers met March 7 at Town Hall with 23 members listing yearly projects. Diane Schroder spoke on storing winter clothes. demonstrations covered material types and using a pattern. slides featured shoes and clothing for 4-H girls. Recreation by Kathy Kiemp and Karen Bockhaus. hostesses Ann Lahmann and Judy Meier. Reporter Karen Bockhaus.
Mrs Anna C Schumacher was honored at a Readlyn farewell party by the American Legion auxiliary last Tuesday. She will move to Portland Oregon after resigning from 30 years of service in Readlyn.
January investments in U S savings bonds by Iowa residents totaled about 20 million dollars and reached 14 percent of the state 1957 quota of 143 million. Bremer county bought 166 752 dollars in series E and H bonds, 14 percent of its 1 223 536 quota, with surrounding counties also posting double digit percentages.
Henry Bode, a Woden rural mail carrier, received a pin for 26 years without accidents. In fact he has delivered mail for 33 years without an accident, though the National Safety Council program started in 1930.
Interstate Power Co reports a 1956 net income of 2,997,647 up 135,930 from 1955. Total investments reached 9,513,367 with 114,000 customers. Electric revenue rose about 7 percent while residential rate fell to 3.15 cents per kWh. Taxes rose to 4,538,357. A peak load of 168,068 KW was set. About 29 million in new securities planned for 1957 to fund expansion and debt repayment.
Bremer county schools received 27,980 dollars in state transportation aid for the 1955 56 school year. Funds were insufficient to cover all claims and each district got 67.4582789 cents per dollar claimed. Individual amounts: Denver 1358.46 Frederika 1479.31 Janesville 5879.38 Plainfield 3405.69 Readlyn 2719.58 Sumner 5466.87 Tripoli 2694.01 Waverly 4774.77.
Bremer County Extension Director reports Francis A. Kutish of Iowa State College notes February price weakness in most commodity markets. He cites delayed reactions to the Suez crisis and limited money for speculation due to tax payments, with January unemployment near 1956 levels. Private construction down while public construction up in January.
The report notes total expenditures remained at December levels with January retail inventories aligning with a year ago. Retail prices keep rising gradually while wholesale prices gained about 0.5 percent from December to January. Hog prices strengthened in the third week of February due to firmer wholesale pork values and lighter receipts. Cattle show heavy receipts and continued feeding pressure, with Chicago fed steer weights on Feb 18 the heaviest in 23 years, though prices for grade A cattle remain above February 1956 lows.
Iowa lawmakers weigh funding options after Governor Loveless presents a 160 million budget. He seeks higher taxes on top brackets and uses 8 million from surplus with road use tax kept in the general fund. A Republican alternative budget gains some support in the inner state.
The proposal adds 2 million to Agland credit to reach 12.5 million and allocates 5.5 million to a new formula or General and transportation. Veto would halt school aid. The Korean bonus faces selling issues due to higher interest. The Republican budget suggests using 8 million from state surplus first year and 4 million second to pay claims, enabling bond sales, while leaving 24 million in the General fund.
Forest City attorney Burt J. Thompson was named the first recipient of an annual award by the American Bar Foundation. The citation honors adherence to the highest principles and traditions of the legal profession and service to the public in his community.
Highway patrolmen across four counties knew him as a furious driver who signaled patrol cars to stop and ordered officers to arrest the other motorists. He would later tell officers not to drag in the violators, claiming he had enough to do. He vanished after a fatal crash he was driving.
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