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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Apr 16, 1942
Page
13
Series E War Savings Bond information covers denominations from 25 to 1000 dollars, fixed 2.9 percent annual interest compounded semi annually, ten year maturity, issues dated the first of the month after payment, redeemable after 60 days, can be registered to one or two owners or one owner and beneficiary, and purchase limit of 35000 per calendar year. A redemption table appears on the bond face.
Clyde A Farnsworth reports that Germany likely will renew its push toward the Caucasus to seize oil for mechanized war, aiming to link with Japan and threaten India. He notes Sevastopol and Kerch in Crimea as Russian defenses, Leningrad under siege, and the uncertain value of wartime Russian dispatches amid a shifting picture of offensive actions.
The article notes Red Army counter actions and shifting German lines, suggesting Russia disrupted Hitler’s timetable yet questions remain if Germany can regain vast ground in Russia. It recalls wartime doubts about Germany’s war machine despite early success and mentions a St. Louis pawn ticket tied to Ulysses S. Grant.
Siou x Falls April report notes labor supply as a major worry for farmers this spring despite favorable moisture. State statistician Jonas cites higher winter wheat prospects and good rye and pastures, with above normal moisture from heavy March snows. Labor availability dropped from 95 percent to 64 percent of demand since last year, wages falling from 33 dollars to 17.50 per month with board.
The Treasury pledge campaign seeks to boost War Bonds and Stamps sales among 48 million income earners through voluntary pledges to save a set percentage of income. A house to house canvass and other contact methods reach every income receiver inviting them to sign a pledge card. Volunteers from minute men civic groups and patriotic organizations drive the effort, and the public is urged to cooperate by greeting volunteers and visiting registration booths.
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