Carrol Daily Times Herald from Carroll, Iowa on October 21, 1959 · Page 5
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October 21, 1959

Carrol Daily Times Herald from Carroll, Iowa · Page 5

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Carroll, Iowa
Issue Date:
Wednesday, October 21, 1959
Page:
Page 5
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Times Herald, Carroll, la. Wednesday, Oct. 21, 1959 Economy is Hindered by Steel Strike By SAM DAWSON AP Business News Analyst NEW YORK <AP> - The steel strike will have a dampening effect on industry and thus on the general economy for some time to come. And this in spite of any I scramble to get steel again, which could bring on a gray market for a while. ! The industrial slowdown gaining . pace this month won't be easily ! reversed. For a time that pace j would be the same whether the workers returned to the mills under a new contract or under a court injunction. At first there would be a rush ! of steel shipments — products caught by the strike before they could move out of mills or struck warehouses. This would help a few ; companies but wouldn't last long, Then on that day when the work- 1 ers are finally back, there will be damaged furnaces to repair, and j furnaces to heat up. There will be orders to he filled, left unfilled when the strike started. But that will take time. And new orders will he wailing— and waiting. For the little customer of the mills, it could be quite a wait while the big, steady ones get theirs. Already the government has stepped in to order that, steel for defense must, be given top priority, Those who opposed invocation of the Taft- Hartley Act calculated that at the best a court-ordered 80-day truce would give the mills about 60 days of x top production, If no permanent settlement was ; reached during the truce, the mills would have to take days cooling their furnaces before the strike re- ; Etimed. But it is other industries that would go on suffering. Their; stocks built up in expectation j of the strike have been depleted. ! Many would have to close for a ' time after the mills started again because of the time lag in rebuilding these inventories. And the economy in general would go on suffering for a time. There's the obvious drop in total personal income of the men on strike and those laid off because of steel shortages or the mills' lack of need for their products and services, coal and transportation. There's the loss of purchasing power for the goods that other industries turn out and merchants sell. There's the probably tightening of some purse strings that merchants fear may affect what otherwise would be a record Christmas trade. Farm Program Highlights From the Carroll County ASC Office The corn sealing price in Carroll County for 1959 corn is $1.06 per bushel. This is six cents higher than the non-compliance price on 1958 com. No definite date has been set for the start of sealing 1959 corn stored on the farm. For ear corn to be sealed on the farm, the moisture content must not exceed 20.5 per cent if the corn is tested for sealing from time of harvest through February 1960. 19.0 per cent if tested for sealing durjng March, 1960; 17.5 cent if tested for sealing during April, 1960 and 15.5 per cent if tested for sealing during May, 1960. For shelled corn to be sealed, the moisture content must not exceed 13.5 per cent regardless of when the corn is tested for sealing. The normal crib width for this area of the state is eight feet. For each foot in width that the crib exceeds eight feel, the moisture content must be one per cent less than is otherwise applicable for the period during which the loan is applied for. For round cribs with center ventilators, the distance from the center ventilator to the outside wall shall be the width. Round cribs without center ventilators, two-thirds of the diameter shall be used as width. These crib width specifications do not apply when the moisture content of the corn is IS.5 per cent or less. Premiums are available on 1959 corn that is sealed or placed under purchase agreement. The following premiums apply: one cent per- bushel if the corn grades No. 1 or No. 2; one cenl per bushel if the com contains 13.5 per 'cent moisture or less and one cent per bu- c'^- 1 m -oiTiium if the foreign material is two per cent or less. 'i,,,,Jore, it your corn is of such quality, the total price could be $1,09 per bushel. These premiums are paid after the corn is delivered to the government. REMINDER The 1959 corn sealing price is $1.06 per bushel. Both husband and wife must sign the sealing papers. AN EYE ON STRIKE j HONOLULU (AP) — Some Hawaiian firms say they will begin- using Japanese steel if the United i States steel strike continues for i several months. The strike so far has not caused a great influx of steel from Japan. Most companies say they are short of some steel items, but have big enough over-1 all stock piles to last through the, year. ! Portland cement was so named because of its resemblance to stone from the Isle of Portland in England. You'll Love Our Robin Hood FLOUR 25-lb. Bag DCCQUSC • • • his main aim is to furnish meat that will please you and your family. beCQUSG ... the meat he huys for you is carefully selected for quality. bfiCQUSQ . . . he gives each cut of meat the S.V.T. treatment, removing all excess fat and oone. . * .his ground beef is the best in town, ground daily for extra freshness. becaU$6 ... he is mindful of your budget, giving you more for your money every day. because * . .he enjoys being of service and is happy to help ybu with any special meat problems. FREE 20,000 GOLD BOND STAMPS Drawing Sat* Night Oct. 24 Y«i, w« will giv« awty FREE 2000 Geld Bond Stamps to each 04 ten lucky persons who** n«nm will be drawn at our store on Saturday night, Octo- b«r 24. 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U.S. NO. 1 JONATHAN, CRISP, SNAPPY APPLES A:39c Marsh mallows Chocolate Chips Angelus 14-oz. Bag Hershey's 12-oz. Bag 69c 23c 42c Seedless RAISINS .Mb. Cello Bag 49c Wathena, Orchards, Asst. PURE JELLY 5 Dole lO-oi. Glasses 303 FRUIT COCKTAIL 4 c .n, Native—Apple, Peach, Raisin or Cherry PIE MIX 4 No. 2 Cans $1.00 $1.00 $1.00 U.S. NO. 1 RUSSET Dal Mont* Bartlett PEARS POTATOES .: 49c "AMERICA'S KING OF SPUDS" CALIFORNIA SWEET AND TENDER CARROTS Libby's PUMPKIN No. 2' 2 Can No. 303 Cans 39c 35c Carnation MILK Van Camp PORK & BEANS $1.00 Hormel CHILI with BEANS 3 C3 .° n3 s $1.00 Dubury SWEET POTATOES 2 &.'„. 49e Maxwell House INSTANT COFFEE Caffein Free SANKA COFFEE o-oi. Jar ..Mb. Can 83C FROZEN FOODS Cello Bags STRAWBERRIES 5 SUPER VALU RIGHT RESERVED TO LIMIT QUANTITIES Fro Joy or Lange's Economy Pak Ice Cream Tom Thumb Pumpkin Pie Gal. 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