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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Apr 07, 1943
Page
2
New York April 7 stocks eased as lenders resisted profit taking. Bond values slipped. cotton steady drawing buyers after Tuesday decline. Wheat fell about 1 to 1.5 percent. corn unchanged after September selloff. Hogs firm near 14.95 top. cattle trades showed varied quotes with steers around 15.25, cows 11.25 to 12.25, stockers 12.50 to 14.50. Sheep offered about 2,000 with late-week bids unclear.
The April 7 reports show hogs rising to around 15.20 at Huron and varied gains across Watertown and Chicago areas, with butchers and sows trading up to 15.80 and 15.40 respectively. Cattle and calves remained steady or mixed, with steers around 16.00 to 17.80 and vealers near 15.50, while Lambs and sheep showed active bidding in places like Sioux Falls and Sioux City markets.
Markets Huron Produce Market reports price ranges for heavy hens roosters and eggs with butterfat and New York and Chicago price quotes. Data include butter 6 60, egg prices firm, dressed poultry firm, live poultry nominal with no quotations, mixed colors and grades listed.
Stocks opened weak on heavy profit selling with pressure on lenders but a late rebound trimmed losses. Copper and steel shares led a modest recovery in the final hour while Anaconda and Kennecott hit new highs for the year. Deal activity ran around 2,000,000 shares as the market closed mixed with majors like US Steel and General Electric showing notable quotes.
Sioux Falls April 7 market report lists heavy hens over 31 pounds and under, 13 leghorn hens, heavy cocks 12, leghorn hens 10, No 1 butter cream 50 cents, No 2 48 cents. Exes No1 33, No2 87.
Wool market reports from Boston on April 7 indicate contracted terms kept pace with market activity. Texas futures show grease wool at 47 to 49 cents, while western Texas mohair trades range from 81 to 52 cents.
An easy Undertone carried grains amid a mixed session in Chicago trading. Early losses faded as Bankhead bill prospects influenced prices with September corn dipping to 1.0434 before recovering toward the ceiling. Wheat and other grain contracts moved within near-term ranges while corn held near unchanged ceilings.
Minneapolis daily cash grain prices show wheat receipts at 258 versus 56 a year ago with trading unchanged and a one cent drop. No 1 heavy dark northern bids around 13834 to 13944, dark northern No 1 near 19734 to 18854, No 2 at 135M to 1336, No 3 about 13134, 136%. Hard Montana No 1 around 19834 to 141%, Minn S D No 3 dark hard winter at 134% to 135%, hard amber durum at 1384 to 144%, No 1 red durum at 137% and Com No 3 yellow near 95% to 74H. Oats No 2 white 59% to 6174, Barley 78 to 1.03, Fs Rge No 2 around 70% to 81%. Flow No 1 around 186n8 to 21.
In Washington lawmakers challenged the War Department ban on soldiers seeking or accepting political office, arguing it violates the Constitution. Republicans urged the policy, issued by Secretary Stimson, disenfranchises service members, and could block figures like Gen. Douglas MacArthur while condemning executive powers.
Mrs Luca Holtmann of 1047 Nebraska Avenue Southwest has been appointed dean of women at Huron College for the rest of the school year. A Huron College graduate, she has taught public school art since 1938 and has led sociology classes. The post had been vacant this year.
President Roosevelt opened a national drive for 13 billion dollars by selling a $25 war bond to a Black White House messenger, with the slogan They give their lives. We lend our money. Treasury officials outlined the campaign as a White House ceremony drew staff, military personnel, and workers to witness the event. John H. Pye purchased the first bond, with others soon following.
Washington April 7 The farm bloc suffered a sharp setback as James F Byrnes of South Carolina orchestrated a surprising reversal. Byrnes, once a trusted admin trader, used swift political maneuvering to undermine the Bankhead bill and bolster administration support for farm price policy.
Congressman Mundt urged that the United States must back its postwar negotiator with strong home support. He backed a resolution to form a 32 member postwar planning commission to build area agreement among Americans and push for victory in both war and peace.
UMAHA Neb April 1 The commander of the 70st Military Police Battalion Fort Snelling Minn Lt Col Joseph J Shy has been relieved of his command by Seventh Service Command following a March 17 demonstration at Fort Snelling that Labor protested soldiers portraying rioters carrying signs for more pay less work The officer appeared before Maj Gen F E Uhl and was assigned to the station complement Shy veteran of the 38th division WWI planned to return home to Chillicothe Mo on rest awaiting a new post.
Rotary Club heard E. F. Grantow urge intensified scrap metal drives to meet war needs. He warned supplies are exhausted and winter reserves are low, urging scanning every yard and building. The talk covered tank and bomber production footage and noted support from EF G Nelson and Vernon A Rea of the War Production Board in Minneapolis.
Chicago’s Mayor Edward J. Kelly, a 66 year old Democrat, secured a third four year term by defeating Republican George B. Meibb in an election that drew 72 percent of the city’s voters. Kelly’s win sets him on course for a record tenure, potentially surpassing prior Chicago leaders.
Germany asserts submarines in the Atlantic and Mediterranean sank 14 fully loaded Allied merchant ships totaling 102000 tons and destroyed 4 destroyers. The claim was broadcast by Berlin radio via DNB and recorded by The Associated Press, but Allied sources have not confirmed it.
The text compares Keynesian ideas to national banking, proposing a global union with a new bancor currency, fixed quotas for borrowing, stabilized local rates, and a governing board balanced to protect smaller nations. It contrasts Keynes with a US plan, noting differing currency units and veto power.
Washington April 7 Victory gardeners may buy seed potatoes in any quantity as the Office of Price Administration rescinds the 50 pound minimum. The change, aimed at aiding small gardens and home growers, removes the prior regulation that tied sales to 50 pounds to curb price rises for human consumption.
UK reports that US heavy bombers damaged seven of 15 submarines under construction at Vegesack on March 13. One sank heavily in berth. two were nearly ready for launch by mid May, with others in later stages. RAF observers say yards will not halt German U boat output for some time.
At the April 6 1943 meeting the Huron Central Labor Union voted to endorse no candidate for city commissioner in the April 20 convoy election and instructed the secretary to notify the Hurgyite of the action. Signed M C Welsh secretary.
Justice Department filed a supplemental judgment in an anti trust suit ordering Standard Oil of New Jersey to license patents for high octane aviation gasoline at a reasonable royalty. The action, before Judge William F. Smith in Newark, clarifies that the decree applies to catalytic refining patents while allowing royalty charges.
Washington details for a four fifths controlled fund to stabilize world trade include a US veto via its big financial contribution. A new unit Unitas would bookkeep currency values fixed to gold while fund-approved exchanges address extreme situations. Morgenthau says aims are to restore healthy trade and help nations like Yugoslavia recover. Tobin returns from San Diego to await draft call. son of Fred and Mrs. Tobin.
Pierre April 7. Lawrence K. Fox, historian and State Historical Society secretary, objects to removing the State Histories Society Museum from the Soldiers and Sailors Memorial Building east wing. A. B. Blake, director of employment, issues a move order to vacate the wing by April 1. The Free Library moves from capitol to Memorial Building. Governor Sharpe criticizes the plan as harmful to the memorial’s purpose and suggests the census bureau and library should stay if the museum is removed.
Miss Augusta Faust a Haron resident died early today after a heart attack at her sister Mrs W H Bliss home 35 Union Avenue Southeast Funeral plans were not yet completed.
Dr. John Benjamin Magee, president of Cornell College, died of a heart attack in Missouri while en route from Albion, Iowa to Excelsior Springs. His widow and four children survive. He was a Methodist minister by training and served as college head during his career.
The Navy reported that Army heavy and medium bombers raided Japanese positions on Kiska Island in the Aleutians five times Monday with several hits on enemy positions. One more strike was made against the island during the day.
A wartime update notes Eighth Army advancing into the FE Alb zone amid heavy fighting near El Guetar As Allied tanks push toward the coastal plain Rommel’s forces face pressure in the Sfax area Allied airmen say they sank or damaged multiple Axis ships in the Sieian Straits and off Bizerte Flying Fortresses reported destroying several enemy fighters while bombarding convoys Hospital notices list local admissions and births with names and places among the terse medical briefings.
Fragmentary ad list offers WANTED items like part time bookkeeping and waitresses at cafes, FOR RENT notices for apartments and rooms with heat, FOR SALE house and garage details. Includes WANTED TO BUY a stroller and contact numbers, with partial street addresses and prices.
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