Decatur Daily Democrat, Volume 53, Number 217, Decatur, Adams County, 15 September 1955 — Page 2
PAGE TWO
I (ffihajs for Dinrwfy I KSSSf I I I I Want to bigger for B I food ... D Make to . . I money won’t go so fast, but WILL go a I whole lot further! I NEW JERSEY SAND GROWN I POTATOES79c I With $5.00 Order or More E ■r LA WRY’S KRAFTS MINIATURE ■ I SEASONED SALT MARSHMALLOWS I I 29c Lottie 29c Bag I I HELEN GATES DELICIOUS I I Pumpkin Pies 57c I N E P C O i HARVEST BRAND I ■ Freezer paper catsup I I 125 Ft. Roll 1*55 2 Bottles 39® B n -J- — — n I Birds Eye Delicious FROSTED Foods! I BIRDS EYE 10 oz. pkg. JAStrsa BRUSSEL SPROUTS __ I z I BIRDSEYE cans I . \gH LEMONADE * B m - I Mlenwwoyj birdseye io oz. pkg. [MIXED VEGETABLES I BURSLEY VACUUM PACKED I [COFFEE- 'Bsc K'' ■ - - - - .... ■ I H ;jcy B ■E Stark & Wetzel Emge’s I SMOKED FRESH > I I " mv,vtu SAUSAGE K SAUSAGE omuohul ONE POUND ROLLS ■ I i-u- jjc 3 ""“I- 00 3"'-si-oo I I EMGE'S HAMS I I Shank Portion lb. 39c Center Slices lb. 95c Butt Half lb. 49c b GOODIN’S <nS) I SELF SERVICE STORE yU ?/ I B. OPEN WEEK-DAYS ’till 9:00 P. M. — SUNDAYS ’till 6:30 P. M. j
TIM MCATUR DAILY DBMOCRAT, DOCATUR, BTOUNA — - -- - - - - ;-- - ... —- .... -A.
Westinghouse Strike Ended By Agreement East Pittsburgh Strikers Reject Agreement Terms PITTSBURGH (INS) —Westtng house Electric Corporation today began calling back workers who struck 27 plants in a three day walkout in support of fellow union members in the East Pittsburgh works. The general strike, which involved some 45.000 members of the CIO International Union of Electrical Workers, ended at midnight under an agreement reached by International Union president James Carey and company indstrial relations chief Robert D. Blaster. However, members of Local 601, which represents about 10,000 employes at the big East Pittsburgh plant, rejected the terms on which the other locals are returning to work. Some 2200 dayworkers at East Pittsburgh touched off the strike on Aug. 8 as a protest against company plans to conduct a time study of their Jobs. The Westinghouse conference board of the union Wednesday night endorsed the pact reached by Carey and Blaster. It provides that the issue of the company's right to conduct such time studies can be inrested in negotiations starting today which originaUy were supposed to be limited to wages. The conference board has not stated what action it might take next to try to end the Local 601 walkout. However, local officers have called members to a new meeting this afternoon, possibly to report on new developments in the dispute. Says Technological Lead Is Challenged Warning Is Issued By Admiral Radford I ATLANTIC, CITY. N. J. (INS)Adm: Artfiur W. Radford warned todax'lhat Amesfca»-*WehncMgieal< leadership is being “seriously challenged" and laid down a four-point program for winning the long haul military race. Radford said “there is no turning baek or giving up the race” and emphasized these points which he said will enable the U.S. to “meet the challenge:’’ 1. “We must avoid the national bent toward complacency and self satisfaction." 2. "We must help others understand the significance of this race—not to spread alarm, but to generate a will to face them squarely/’ ”3. “We must encourage an increasing proportion of our youngsters to" become scientists and engineers." 4. “We must encourage more of nor you to aspire to military careers.” New York — There are more than three million alcoholics or problem drinkers in the U. S., according to current studies. F A ? AlVil<kli 922,000,000 | J bushels f I 563,000,000 BUSHELS | rTTm J l i ~rAAjr 6,300,000 I BALES . i i Itl I mH 1 k iCt. T; “ i LodoTooo f [N /’hundredweight Jk A | 161.000,000 ' POUNDS * I ,- .•:■ ■ - fee'; *eL i 278,000,000 iO POUNDS | g H i >Mii i'*" STORAGE COSTS alone for holdings of the U. S. Commodity Credit corporation are running approximately |1 million a day, according to assistant Agriculture Secretary Earl Butz. By next spring, he says, government price support loans and inventories will amount to approximately 511 billion, Chart shows what the CSC now owns outright—the largest stockpile ol food j(nd fiber ever knov.n.
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LINDA MUSZAt, 18-yearold Montebello, Calif., coed, is crowned -Queen of the 1955 Los Angeles County IW in Loe Angeles by lost veer’s oueen. SaUv Ann Scharfe. (International SounMotol
Says Farmers Must Oust Republicans. Sen. Morse Urges Democrat Support WASHINGTON (INS) — Sen. Wayne Morse (DOre.) declared today that "farmers know their prosperity depends on getting Republicans out of office” next year. The Oregonian, a hitter critic of the Eisenhower administration, made the statement in commenting on agriculture secretary Ezra Taft Benson’s announcement he would have “something very specific" to offer congress next year on the farm issue. Benson made it clear mat whatever legislation is proposed to ease the farm cost price squeeze, it will continue to emphasize flexibility as the basic factor in the price support program. Democrats advocate rigid price supports rather than the flexible supports favored by the administration. Sen. John McClellan (D-Ark.) said that if Benson “has something specific I hope it is the answer to
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these declining farm prices.” Morse charged that there is a farm “depression” on now. He said: “Secretary Benson's statement on the farm depression is a long overdue admission that his farm program is a bust. Many farmers know it is busting them. “It is clear that the administration is now aware that the Benson program is not only a great economic liability but also spells political disaster. I am confident that American farmers who voted for the Eisenhower administration in 1952 are not going to be fooled again by Republican farm promises in 1956." Plays With Matches, Girl Burns To Death NORTH VERNON. Ind. (INS)— A frightened two-year-old girl was burned to death when she crawled under some baled hay after Accidentally starting a barn fire while playing with matches. The little victim was Sandra Kipper, daughter of Mr. and Mrs. Clarence Kipper, of R. R. 3. North Vernon. Mrs. Kipper was severly burned in a futile effort to get her daughter Ont of the burning barn.
Parity Prices Vary On Monthly Basis Parity Is Puzzle To Many Citizens WASHINGTON (INS) — What is parity? The term is used glibly every day by farmers and non-farmers alike, but most people have only a haxy idea what it actually means —primarily because parity can’t be defined in one short sentence. Webster says it's "the quality or condition of being equal or equivalent," but farm parity means a great deal more than that. As spelled out by congress, parity for agricultural products is that price which will give those products equal value or equal purchasing power in terms of goods and services purchased by farmers during an historical base period when they were relatively prosperous. The years from 1910 to 1914 have been selected as such a period. Thus the concept is that if farmers today are paying two and one half times what they paid in 191914 for such things as food, seed, fuel, taxes and mortgage interest, then they must receive two and one half times what their commodities brought in the base period in order to achieve parity. Each month the agriculture department’s crop reporting board computes and publishes parity prices for approximately 180 commodities. Month to month changes in parity reflect changes in fanners' operating and living coats. Congress has from time to time made changes in the formula for computing parity so that at the present time there are actually three formulas — "old parity,” “modernised parity” and “transitional parity." Under old parity, prices were determined by taking the average price of the commodity in 1910-14 and multiplying by the current index of prices the farmers pay. The index in mid-August stood at 279. While the index Is 279, the parity ratio is 2.79. That is, the farmer must receive 2.79 times the market price to match his costs. If, for example, befe cattie sold for $5.50 per hundreweigtat in 191014, August parity for this commodity would be computed by multiplying 25.50 by 279. The result is $15.34 and one half cents a hundred. After Jan. 1, 1950, old parity continued in use for only a few commodities — corn, wheat, cot-
THFMDAY, SEPTEMBER
ton and peanut*—with the proviso that no parity price could be reduced more than five per cent In any one year as a result of applying the modernised parity formula. Prices determined by this method are arrived at under the socalled transitional parity formula; in other words, they are the result of the gradual shift from old to modernised parity. Modernised parity provides a method for reflecting more recent price relationships among commodities. It iaso sets up better procedure for computing parity on some commodities that wore unimportant or virtually unknown in 1910-14. The starting point Is the steerage price of the commodity in the most recent 10 years. This is divided by the index of all prices received for the same 10-year period to obtain an "adjusted base price." The adjusted base price is then multiplied by the current index of prices farmers pay. For example, corn sold for am average of $1.49 per bushel in 194554 and the index of ail prices rw ceived in that period was Nl. The adjusted base price tor corn thus would be 57.1 cents. Multiplying this by the August index of 279 gives a modernised parity price for corn of $1.59 per bushel. DON’T TAKE A CHANCE TA KB PLENAMINS r Smith Drug CO. AT KAYE’S SHOE STORE . . . IT’S . . . Mo other work ZKfehk. shoes in the world like W . _ WOLVERINE WELL W MORSEHIDES jfIQE/ wEf us a visit and try on a pai N of these wonderful shoes4 doors So. of Bank Deeatur, Ind.
