Monday, Oct. 29, 1945
Facts & Figures
Stepchild. From now on the sale of surplus consumer goods will be made through the War Assets Corp., a Reconstruction Finance Corp. subsidiary. The shift, from the Department of Commerce, was made at the request of Henry Agard Wallace. Thus he neatly sidestepped the storm over bungling in the disposal of surplus property due chiefly to inept legislation.
Rich Harvest. The Bureau of Agricultural Economics estimated that the farmer's cash income from marketings for 1945 will reach a dazzling $20.4 billion v. 1939's $8 billion. But nobody expected the Farm Bloc to agree that food subsidies ($437 million the first half of this year) should be cut.
Dry Facts. The National Association of Alcoholic Beverage Importers released some dry statistics that helped explain the drought of Scotch whiskey. Imports of Scotch and other British spirits during the first half of the year totaled one million gallons v. a normal 1.9 million gallons. Outlook for the balance of the year: no improvement.
Roll Out the Bank. The Schult Corp. delivered to Paul C. Thurston, president of Maine's Rumford Falls Trust Co., a blue and grey bank-on-wheels. Thurston will do a roving banking business within a go-mile radius of his Rumford Falls bank. The 23-ft. trailer is equipped with a cashier's counter, a teller's cage, a private office, and a stout safe.
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