Carrol Daily Times Herald from Carroll, Iowa on September 18, 1957 · Page 7
Get access to this page with a Free Trial
Click to view larger version

Carrol Daily Times Herald from Carroll, Iowa · Page 7

Carroll, Iowa
Issue Date:
Wednesday, September 18, 1957
Page 7
Start Free Trial

Page 7 article text (OCR)

Fill Vaccine Gamble For Drug Firms By JERRY BENNETT NEA Staff Correspondent WASHINGTON - (NEA) Drug industry executives hope to know by next spring whether or not they should have paid , more attention to their sales experts before taking a multi-million dollar gamble on the new Asiatic Flu vaccine. Already the six vaccine making firms have bet an estimated 20 to 30 million dollars in their drive to have 85 million shots ready by Jan. 1. They made this expensive wager against the opinion of their marketing research staffs who predicted the new vaccine would never sell, a drug industry spokesman reveals. These experts based their opinion on sales records which showed flu vaccine was not a popular item on the drug market. At that time little was widely known about the strong chances of Asiatic Flu completely sweeping the country. The spokesman ^says that the command decision to risk millions of dollars is the hardest task the industry has faced so far in the round-the-clock vaccine mass production program. Epidemic Fears Public Health Service warnings that an epidemic was almost a certainty were largely responsible for the great financial decision. The menace to health coupled with PHS beliefs that Asiatic Flu would receive enough publicity to make people want the vaccine set the production wheels in motion, the drug company official explains. He says returns from wholesalers show large quantities of the vaccine are being bought at pres- enti He explains, though, that this THE EGG COMES FIRST: To produce flu vaccine being placed in vials (right) at Lederle Lab­ oratories Peart River, N.Y., live Asian strain vims is first injected In eggi (left). is no guarantee that the firms will make a profit. Any unused doses can be returned for credit. Manufacturers could be forced to_.take back large shipments of the medicine if the epidemic doesn't strike or doesn't cover as much of the country as is expected. One expert observer definitely believes the drug companies will go in the red on the vaccine production program. The industry spokesman says: "Chances are people will be sufficiently interested in protecting themselves so that the drug manufacturers will make money in the long run." But he adds that it • is . still a toss-up whether the final tabulation will show a profit or loss. Scientists, technicians and office managers have had to leave financial worries to the top executives. Since the all-out production drive started early this summer, they've Study How to Rescue Iowa Town From Snow Isolation "Your Favorite*" Moeller's Accordion Band Playing Hie Boot in Old-Time and Modtrn Dane* Musi* Thursday, Sept. 19 Admission 75e Per Person (Tax Included) *• LEGION BALLROOM ARCADIA, IOWA - AMES Iff) — Engineers of the Iowa Highway Commission are at work on a survey to see what can be done about rescuing the town of Silver City in Pottawattamie County from isolation when winter storm weather comes. The delegation from the town headed by Harry Adams and accompanied by Rep. William H. been too busy to be bothered with money matters. 3 Million Doses In less than two months they have turned out more than three million doses for distribution. They have increased production to the extent that they now expect to top their old Feb.-1 goal of 60 million shots by 25 million more..And they think they can make this extra supply a month early. Until the crash program rolled into operation, the manufacturers had only been geared to produce about two million shots a year of the old-type flu vaccine. To meet the new Asian vaccine quota, more ^workers had to be hired or switched from other duties to vaccine work. It is estimated that the number of people involved in Asian vaccine production numbers in. the thousands. Harbor (R-Henderson), appeared Tuesday before the commission and asked that the gravel road be paved. The road is State Highway* 242 which extends six miles north from U. S. 34 to its terminus at Silver City. Adams said it gets so bad in winter that it cannot be used for hauling purposes. The commission'told the delegation it will give the matter attention when engineers report results of their survey. The group had a champion in Commissioner Cecil Malone of Atlantic. * * "I personally believe in getting a hard surface, road into every little town in the state cut off like this one," Malone said. He said there are still 248 miles of graveled road 'hi'-'his' district. Excise Taxes Net U.S. Over $10.5 Billion WASHINGTON MV-Excise taxes netted Uncle Sam more than 10% billion dollars -in the 19S7 fiscal year, which ended last June 30. Nearly half the total came from whisky, beer and cigarettes, but numerous other items accounted for sizable shares. The final tabulation, announced by the Treasury Department to day, showed total excise tax collections of $10,647,544,000 during the 12-month period, compared with $10,004,195,000 in fiscal 1956. That is considerably higher than the $9,200,000,000 predicted by President ^Eisenhower in his budget message to Congress last 'January. # 4 The biggest single revenue producer was the excise tax on dis tilled spirits, which brought in $2,121,411,000. The tax on beer netted another 763 million dollars, and wine was good for SSlt millions more. Total tobacco taxes were $1,674,050,000. Most of this — $1,610,908,000 — was on cigarettes. Iowa Judge Is Named to Hear Segregation Case BANNED SMOKJE, i-V : King Edward,!.,(1272-1307 1 passed the first antismoke ordinance. H.e prohibited the burning of coal in London while Parliament was in session. ,i ' PERFECTION In the 13th century, the art of embroidery attained a perfection in England that never has been surpassed, according to the Encyclopedia Britannica. as seen on TV At lost.-.-, a Raotly Pretty Cdttofi Bra, only $2.50, that does wonders for you and holds Ms. perfect shape, eve* after months of Machine Washings/ Charge Liquor Store Manager Faked a Burglary CLARION (VP)—Gerhard Johnson, 54, was at liberty, under $2,500 bond Wednesday on charges that he faked a burglary at the state liquor store at Belmond, of which he was manager, to cover up a shortage in the store's accounts. Deputy Sheriff Dale Walrod said Johnson admitted using about $2,200 in the store's receipts during the last three or four years to pay personal bills. Johnson was taken before Justice of the Peace C. F. Buchan here Tuesday and charged with embezzlement. He was bound over to the Wright County grand jury and released on bond. The manager had reported that someone broke into the store Monday night and stole, 41 cases of liquor. Authorities arrested Johnson after they could find no evidence of a burglary. Deputy Walrod said Johnson admitted that in making sales he took liquor from the stored cases instead of taking bottles from the shelves, and pocketed the money. He said auditors merely counted the number of stored cases instead of checking to see if there were any missing bottles. LITTLE, ROCK, Ark. MV-Appellate Judge Martfn D. Van Oosterhout of OrafljjgeSCity, Iowa,, is one of three jurists named to preside on a three-judge court to hear a trial on the validity of fourjnew Arkansas segregation laws. The suit was filed in U. S,>Dfcyj trict Court last month by 10 Ne* gro ministers. It is an action separate from the federal "injunction proceedings against us* by Gov.. Orval Faubus of National Guard troops to block 1 integration at Central High School. <, A hearing will be held hi-U. S. District Court Thursday bit a d& fense motion to stay the litigation challenging,*.the. new* state- segregation laws. If the motion is denied the case will go to trial at once before the three-judge court. In addition to Judge Van Oosterhout, the three include Judge Ronald N. Davies of Fargo, N.D. and Judge John E. Miller of Fort Smith, Ark. The Negrp ministers who are plaintiffs in the case asked for three judges to hear the trial. Van Oosterhout is a former member of the Iowa Legislature. He was named to the 21st District Court of Iowa in 1943 to fill a vacancy and served in that position until 1954 when President Eisenhower appointed him to the 8th Circuit Court of Appeals. He was recommended for the appointment by Iowa Sen. Bourke. B. Hickenlooper. Group to Discuss Highway Problem MASON CITY m - Iowa highway officials will meet here Friday with Cerro Gordo County officers to discuss the next step in a controversial road project on which work has been stopped. The project involves -about nine miles of improvement on the Rockwell-Swaledale road which the county started to blacktop with day labor. - >s# State, officials said the county proposed toi do the work a mile at a, time so that each mile'would cost, under $5,000 requiring no contract. The county first.took bids on the improvment, then rejected them and proceeded with county labor. Atty. Gen—Norman Erbe held < this was a violation of state law and could make county officials liable under, their bonds. < The -county stopped the work Timet / Herald, Carroll, la. Wednesday, Sept. 18, 1957 HAUNTED . . . Jock Mahoney Is being haunted by 78 episodes of , the "Range Rider", series he made for television. Although it was made four years ago, it's still playing. Jock says, "I'd like to be recognized for the work I'm doing now." However, he adds, he's pretty flattered they're still showing. __4 SMALL SCALE BUSINESS . . . .^Thls West Berlin, Germany, woman went Into business on-a small scale. She offers weight- conscious persons a chance te check their poundage. If Ms «• pression is a sign, this customer must have eaten a hit extra. Advertised In , VOGUB- McCAU/8 "M«re»lla" Ml* BI.ek from and \ ANDERSON BROQ "SHOES FOR THE WHOLE FAMILY" ."Corn lucks" Are Given With lath Purehew last week after receiving Erbe's ruling. County Attorney William Pappas said Friday's meeting would involve, problems in bringing the road up to' specifications. Iowa Gets More Asian Flu Vaccine ,DES. MOINES W>—Iowa has received an additional allotment of Asian flu vaccine, bringing the total up to 37,865 doses so far. ,Dr. Edmund G. Zimmerer, state health c o mm i s s i o n e r, said Wednesday that to the first assignment of 16,453 doses announced on Sept. 5, the drug manufacturers have added 21,412 doses. By next January or February Iowa is expected to receive about 950,000 doses under a voluntary agreement among the manufacturers, or enough for about one third of the state's population. The vaccine will be distributed through physicians and druggists. FIRST Belva A. Lockwood, a Washington attorney, was the first woman admitted to practice law before the United States Supreme Court, on March 3, 1879. Family Found Guilty on Tax Count DES MOINES m — A IHve* port businessman and hb: tough* ter and the family company win which they were associated Wednesday were awaiting 8entenfl» ing on charges of federal income tax evasion on which they were convicted. The jury in U. S. District Court here returned guilty verdicts Tuesday against the Great Western Supply Co. of Davenport; Oswald Blumer, president of the firm and Mrs. Janet C. Peavey, UM secretary-treasurer. Judge Henry N. Graven ordered the defendants to appear at 1:30 p.m. Oct. 3 for sentencing but prior to that time they have 10 days in which to file motions. Each of the defendants, including the company, was convicted on four counts of evasion of corporation taxes from 1950 through 1953. The government charged they wilfully failed to report $50,645 in net income and to pay $13,784 in taxes. The company sells janitor, restaurant and bar supplies. The maximum penalties which could be imposed would total 20 years imprisonment and $40,000 in fines for each individual defendant and $40,000 in fines for the company. The penalty on each of four counts is a maximum of five years, and a $10,000 fine. On the witness stand Blumer and his daughter, Mrs. Peavey, denied any wilful attempt to evade taxes. Defense counsel challenged methods used by the government in computing company records. Low Moisture Corn Premium Will Be Offered WASHINGTON IM-The government plans for the first time to offer farmers a premium on low moisture corn stored under the price support program. The Agriculture Department announced Tuesday'it will pav a premium of one' cent a bushel for 1957 corn with a moisture content of 13.5 per cent" or less, also a premium of one cent a bushel on corn with two per cent or less of cracked corn and foreign material. The department said the aim is to encourage farmers to deliver dryer and cleaner corn entered for price support. The final corn support rate, which will be at a national average of not less than $1.36 a bushel, wilT be based on supply and prices as of Oct. 1, the beginning of the new crop marketing year- , .Cork comes from the outer bark of a species of oak found in the Mediterranean area. reasons for this smile HOUSEPOWER put his home in style • Mfit.'John Uqp\i\z. Hr-qoig'-hte "wife hav* just tad ih« •kpctricE.. wiring in thoir horns brought up to dot*. And"- 1. Al their appllamoM work perfect* I. fta* dottt Mow *t; tj ******* «*•*» «* MrttdM* h«v« plenty d far h*»* m Um»tt let 4' jUfaht phonier ta&bf «d**«rit wtrte* far * ill U8. IV. '.Vi'^ ' til ClBfllT

Get full access with a Free Trial

Start Free Trial

What members have found on this page