Logansport Pharos-Tribune from Logansport, Indiana on July 2, 1957 · Page 16
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Logansport Pharos-Tribune from Logansport, Indiana · Page 16

Logansport, Indiana
Issue Date:
Tuesday, July 2, 1957
Page 16
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Kxteen Logansport, Indiana, Pharos-Tribune New Home Payments To Be Cut • WASHINGTON (UP) — Down payments on new homes are about to be .cut drastically, it was reported today. This should touch off a home-buying and building spurt, according to industry sources. Congress Monday completed action and sent to the White House * bill authorizing sharp reductions in down payments required on government-insured mortgages. The White House and federal housing officials were understood to be generally satisfied with its terms. It was expected to be signed quickly and the lower down-payment minimums put into .effect promptly. If this is done it would mean 'the minimum down payment on a $10,000 house would go down from the present $700 to $300. . On a $12,000 home the present minimum of $1,200 would drop to $600; on a $15,000 hom'e it would be lowered from $1,950 to $1,050, and on a $20,000 dwelling, from *3,200 to $2,400. Wheat Support Price Confirmed by USDA ' WASHINGTON (UP) — The government's investment in price supported farm commodities on 'May 31 totaled $7.645.075.000—the' lowest in the last 20 months. An Agriculture Department report said that for the U months ended May 31, the government lost $1,153,516,785 on the program, •compared with $844,193,134 for the •same period of last ye'ar.JThe loss for fiscal 1056 was $974,161,365'. • The total investment compares .•with $8,500,534,000 on May 31, 1956. •The record high, set on Feb. 29, 1956, was $8,930,381000. . The May 31 investment eon- •isted of $5528,319,000 on commodities owned outright by the' Commodity Credit Corp., and $2,116,756,000 in outstanding loans on farm products still held by producers. • The CCC's largest mvpntru-v In s True Life Adventures COMMUNITY IMMUNITY Cost of Farm Support Plan $7,645,075,000; Lowest in 20 Months WASHINGTON (UP) — The Agriculture . Department has confirmed that it will support 1957 crop wheat prices at a national average price of $2. a .bushel. The $2 rate originally was announced July 2, 1956, but the department is required by law to redetermine the support level on the basis of the parity price of wheat at the begining of the marketing year (July 1>. BUFFALO STAMFEPES, AU- THKT STAMPS iw rrs WAW \& TKAMPLEP. VET WITHIM THE THUK!t?ER1KI<3 HEKP, Y<3UMa CALVES, WAC1NS AUQM<3 CLOSE BESICE THEIR MOTHERS, KAKEUV IF EVER BECOME <3ASUAUTIES. HuauiW K K»j ruun SpJiuu. 7-2 vestment on May 31 was 848 mil- ion bushels of wheat, valued at $2,300,000,009. USAC MIDGET RACES JULY 4th Tfm» Trial* 7:00 Fir*I- Rac* B;30 LAFAYETTE SPEEDWAY NEED BOTTLED GAS? for dependable route service on DRI-GAS call TODD'S Ph. 3300 or Ph. 4867 327 E. Market 805 Burlington BUILDING, AMD COURTEOUS - EFFICIENT Call Us Home Improvement Loans Can Be Arranged WM. P. LONER & SONS, INC. GENERAL CONTRACTORS 900 -22nd St. phone 3138 OPEN ALL DAY JULY 4th GORDON POTATO CHIPS Twln Pntk 59c UrtrUEDC 1 ll> c '" 0 Att*. IIIEITEl\J YELLOW CREEK » ID. Pk B .**7C Potato, Bean or Macaroni Salad 39c pt. HAM SALAD 49c Ib. GROUND BEEF 39c Ib. SLICING BOLOGNA 39c Ib. Complete Cine of Lunch Meats. Sliced to suit you 8AR-6-QUC SPECIAL r left, coot oufeuk THIS WUK! OCOMA HALF CHICKENS htpgnd tspttially ferlarktrolng MER-DEL'S ICf CREAM This Week's* Specials WATERMELON SHERBET Ploille Plntt JUC VANILLA ICE CREAM (Economy Oallon) $1.2™ PICNIC SUPPLIES Thank You! 1 DAY PHOTO FINISHING SERVICE AND PHOTO SUPPLIES American Express Money Order* At All - Times SMITH'S MARKET 17th and George^St. Phone 3378 Open Until 10 p. m.—Sundays and Weekdays 13TH COURT SKIPPED SAN DIEGO, Calif. (UP)-The city has increased its number o Superior Courts to 13 hut there i no Superior Court No. 13. City or ficials decided that some defenc ants might be superstitious s they labeled the 13th court-No 14. Professor Paarlberg May Succeed Bufz WASHINGTON (UP)—Donald R. Paarlberg, an economist aide to agriculture Secretary Ezra T. Benson, will be named assistant secretary of agriculture, according to 'nformed sources. Paarlberg, a former professor of economics v at Purdue University, will succeed Earl L. Butz, who is scheduled to leave the post next month. Paarlberg has served Benson as one of his chief farm policy advisers since the agriculture secretary took office in 1953. He has consistently recommended lower farm price supports and a move away from federal farm controls. French Authorities Hold Gl for Trial PARIS (UP)-The French have turned down an informal request that they yield to'the U.S. Army jurisdiction over an American soldier charged with slaying a French citizen, a well-informed source said today. . The Army now'plans to'make a formal request in .the case of SP3C De Wayne McOsker,/ 21, Manhasset, Long Island,. N.Y. McOsker is in prison here, charged with "voluntary homicide" in the shooting of. Algerian' Abdel Ahmed Liaminj during a argument last May 25 in the honky-tonk section of Paris. The American legal moves are designed .to bring MeOsker before a U.S. court-martial instead of a French court. Reopen (Stations MOUNT VERNON, Ind. (UP)— Posey County gasoline retailers won a bout with bulk dealers today and reopened their filling stations. Station operators were given wholesale price reductions of four cents a gallon, or. promises of such cuts, which permitted them, to charge retail prices low enough to compete with Vanderburgh County operators engaged in a gasoline price war. Young Pilot Lost In Wilderness for 2 Months Survives CASTLE AIR FORCE BASE, Calif. (UP) — A handsome Air Force pilot lost in the snowy wilderness of the High' Sierra for two months said today he is looking, forward to a "second honeymoon in Florida" with his wife. Thin and tired but. apparently in good health, Lt. David Sleeves, 23, of Trumbulli Conn., was recovering from his ordeal at this central California Air Fopce base. Sleeves, wearing a luxuriant beard, reached civilization Monday. He told an incredible story of hardship and courage-that began May 9 when he bailed out of his T33 jet trainer over Kings Canyon National Park. "I praye"d continuously," he said. "I felt that others 'must have been praying for me because the Lord mtist have been guiding my steps." Forest rangers estimated Sleeves must havo wandered 100 miles through the most rugged terrain in the Sierras. He had lost 50 to 60 of his 195 pounds. Fifteen days after- he bailed out Sleeves came across a small cab-, in used as an emergency tool shed by the Park Service. "I was pretty weak by then, but Tuesday .Evening, July Z, 1957. I was sure I'd find some food," he related. '-I found a can of beans, a ca^ of ham and somej 'sugar—and wood and matches. Ij had my lirst meal in almost 20 days." Later, Sleeves 'found a couple of rusty fishhooks and some thread. "I used grubs from trees for bait and some days I managed to catch one or two fish." Sleeves also rigged a trap and caught a deer. ."Most of it was eaten before I got to it. That was about June 1. I tationed it for 20" days." He also ate some wild strawberries and even garler snakes. Michigan City Woman Killed MARKED TREE, Ark. (UP)— Mrs. William Ada, 47, Michigan City, Ind., was killed and her husband injured Monday when a tir* on their automobile blew out and caused a head-on collision with a truck. The accident occurred two miles west of this town. William Wiley Ada, M, and R.C. Foust, 48, Cherry Valley, Ark., were hurt. TREADFUL OCCURRENCE , BARTON, Wis. (UP) — Eugene Buhnke, 13, was run over by a six-ton dump truck Monday—and he's got the tire marks to prove it. Doctors said the marks and ] I minor bruises were his only in-1 juries. ' | PLEASE NOTICE BISHOP'S BARBER SHOP WILL BE CLOSED July 8th, thru July 17th For VACATION Jim White Fire Insurance Ph. 249 BUILDINGS .. . MOXe SPACf AT LOW COST! Call or Stop In Today.' Before you buy any building, pal*, o otherwise, let Uf give you o Froe Es J/mofe on fheifl CucUar £toal-Spcii iBulldingi. You wil^be proud to owi one of thoio buildings. We Can Save You $ $ $ $ $ $ Fansler Lumber Co. "One Stop Bullden Service" Rocheitor, Ind. Phono CA 3JJ5I For the Best in Wiring CALL 3259 DALE L. ISAACS 231 W. Ottawa LANDSCAPING Service Is Our Most Important Product AMERICAN LANDSCAPING CO., Inc. E. City Limits, Peru I'll. EN-1-42CO r l I»o only timing •youll If you like fine things and • have a keen sense of v*lu chooso PM! You'll find Ito superb quality is surpassed only by Its truly moderate prlcol Tipton Lodge No. 33 F. & A. M. Called meeting Thursday, July 4th at 4:00 A. M. to confer the Master Mason Degree. Ham and Egg breakfast to follow the Degree work. Program and presen'ati9n of 25 year membership awards. All Master Masons invited. Owen Louis Shanteau, W.M. THAT SUPERIOR AMBULANCE SERVICE Oxygen Equipped A/so available: PM 6-YEAR-OLD """" eTRAIQHT BOURBON WHISKEY NATIONAL DISTILLERS PROD. CORP,. N. Y. • BOTH 86 PROOF, BLENDED WHISKEY CONTAINS 65% GRAIN NEUTRAL SPIRITS DON'T MISS THIS! UNTIL MIDNIGHT JULY 3rd The Commercial Disposal Service will oporato under new management. The service will continue as in the past. LOGAN DISPOSAL SERVICE Phone 4834 ITY MARKET- 306 East Market Street Phone 3916 $' ON NEW AND GROUND BEEF 29 LB. BEEF ROAST 35', SAUSAGE PAN STYLE LB. We E VR O LETS IN OUR STOCK NOT MANY LEFT HURRY DOWN NOW!! SEE Walter Beecher, L. D. "Speck" Bybee, Art "Dick" Dickerson, Bill Homes, Dale Logan, Doug Myers, Howard Pickett Jack Reidelbach. 2nd and Broadway Logansport WIIDERMUTH-SHARP & EMPLOYEE S 2nd and Broadway Logansport SIRLOIN STEAK CHOICE CUTS 63 C LB. Any size piece Slicing BOLOGNA 31 C LB. 8 to 10 Ib. size Whole HAM 53 LB. BEEF STEAK TENDER Jm M BI •" «* V LB. HAM SALAD 39c COLORED OLEO 2 Ibs. 37c LEAN PORK STEAK 49c CLOSED ALL DAY JULY 4TH

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