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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Feb 23, 1939
Page
2
Market notes from ARMOUR STOCK YATOS and Chicago show hogs steady to lower with top around 170 and receipts about 500. Cattle and sheep trends mixed with lower bids on hogs and lambs, dairy cows holding near strong values as buyers seek quality stock. Overall, price movement remains uneven across hogs cattle and sheep with varying regional scores.
Representative sales at Sioux City show cattle averages and prices for beets, yearlings, cows, and calves with hogs, sows, and feeder pigs listed amid varied bids. Sioux City sales mimic nationwide USDA reports with cattle steady to slow, hogs down, and sheep bids unsettled. Sioux Falls listings note hogs off 10 to 20, cattle steady, butchers at 7.50 to 7.80, and limited action on heavier offerings.
Slaughter steers sold slowly with higher asking prices, buyers resisting gains. Good fed steers mostly 9.59 to 10.30 or higher, heifers 6.59 to 8.00, cows 5.50 to 3.50, low cutters 4.00 to 5.25. Calves 2,000 head, vealers steady with buyers showing demand for light offerings.
Huron market report lists furnished daily by Gates & Co. Prices for poultry and flour items are shown with weights and grades. Notable figures include Leghorn fowls, various butter and flour codes, and Minneapolis flour quotations with carload totals and bean prices.
South Dakota markets report poultry and dairy prices from Sioux Falls Mitchell Watertown Sioux City for February 23. Heavy hens and Leghorn varieties list weights and prices. eggs butterfat and butter values noted. multiple towns show similar commodity listings for live poultry and product grades.
New York reporters note butter totals at 966 824 for the day with steadier quotes though creamery and extra grades rise. Cheese remains steady while eggs show a sleeker trade with social packs and firsts mid range. Dressed poultry prices hold with live poultry by freight dull and weak as colored chickens and Leghorns show minor changes.
Chicago prices show butter steady at 1,066,282 on two days with unchanged overall levels and firm fresh graded extra firsts. Poultry receipts include 1 car and 90 trucks with strong demand across hens, broilers, and turkeys, while dressed turkeys remain steady with no price change.
Chicago February reports wheat futures eased as export demand remained weak and foreign markets softened. Gains from milling and spreaders steadied trade late. May and July contracts closed near the prior level while corn and oats slipped modestly. Minneapolis crop notes mention grain ranges and No 2 dark northern wheat.
New York markets show firmer stocks and higher bonds with improved foreign exchange. cotton and sugar firm amid Cuban support. Chicago grain notes easy wheat, lower corn, steady to mixed oats and barley, with Minneapolis cash wheat quotes and futures ranges across corn oats rye and soybeans reflected in erratic quotes and protein premiums.
In New York on February 23 buyers led a slow market with focus on aircraft, steel, and miscellaneous industrial shares. Following Morgenthau's statement the administration pursued profit support and tax revision ideas, but traders remained in the February rut awaiting spring outlook and political policy signals at home and abroad. About 450,000 shares changed hands.
A scrambled AP stock list shows closing quotations for numerous firms including Adamsexp Loews AirReduc MackTrk Alaska dun MarshField AlleghCorp MiamiCorp AllisChMfg MinHonReg Am Can MinMolimp Am&ForPow MontWard AmLoco MurrayCorp Am Pow&Lt Nash-Kelv AmSm&Rel NatBiscuit AT&T NatCashReg AmTobL NatMairyPro AmWatWks NatDistill Aanecda NatPowaeLi Armil NY Centrol RehTeSF NoAmAvia Alief NorthAmer Avia Corp Hortha Pac BaldenLoco Ohio Oil BaltesOhio Oliver Farm Barnsdall OtisElevee Bendix Avia PackardMet Beth Steel ParamPict BoeringAlspl Fexue Borden Borg Warner Pammente BuddMfg PhilloMot BuddWheel PhillipsPet Calumet&Hec ProcGam Canadian Pac PubSocNJ Case Puliman 32%
Managers of Gaptle stores and agencies in South Dakota and Minnesota meet in Huron for the annual late winter merchandising conference. About 125 attended today with a noon luncheon and talk by Max Weiby, secretary of Gamble, Minneapolis. The two day sessions discuss 1939 merchandising plans at the Marvin Hughitt Hotel.
A. R. Scotch received word this morning of the death of his brother in law Walter DeBaun in Terre Haute Indiana. Funeral services are to be held Saturday.
Helen Eshler of Wessington High School earned an international typing award after a 70 word test, gaining speed and accuracy honors. The February bulletin from the International Honor Society for Business Education features her picture. This marks the school's second consecutive year with such honors, taught by Miss Mary Frances Pugh.
In Middlefield on February 23 a family of 18, Mr and Mrs Abe Weaver, report 12 scarlet fever cases among five children at home. Other items note hospital admissions and discharges, including Mrs W L Johnson of Wessington and Melvin Kuhn of Huron, plus a note on sterilized milk products.
A lengthy OCR fragment lists numerous company names with percentage figures and stock codes, followed by stock quotes from Minneapolis and New York markets. It also includes government bond notes with prices and percent figures, indicating a dense, data heavy financial page segment.
CHATHAM Massachusetts February 23 A search for the unnamed vessel which sent a sudden SOS yesterday claiming torpedoing near the Azores was abandoned today. The Mount Pelion and Empress of Australia had also failed to locate wreckage. The Peden was found safe. Navy hydrographer Captain Bryan suggested a stray mine may have sunk the unknown ship, possibly tied to the Spanish Civil War.
The House passed a Senate bill giving preference to South Dakota products in all public contracts after a patriotic program. The chamber also approved a measure lowering indemnity shares for cattle under the bovine tuberculosis eradication program and debated a daytime truck and tractor operation bill with safety concerns raised by Rep. Gunderson.
In Hallandale Florida on February 23 E V Palmquist tried rep sped balloons as bird scare devices. The balloons frightened crows by bursting causing the birds to flee their crops. He reports a brief, dramatic effect as the balloons popped and the birds took off.
Congress continues page one coverage on new defense bases including Alaska mid-Pacific and Puerto Rico with Guam fortification debated by Rep Van Zandt and Rep Maas. Senate passes independent agencies appropriation and export import extension, House to vote on TVA dam construction funding after Senate restore.
A group of major railroads urged the House Interstate Commerce Committee to sponsor a bill creating a five member general transportation board. Proposed by R. Ve. Fletcher of the Association of American Railroads, the presidentially appointed board would assume financial and administrative duties of the Interstate Commerce Commission and Bureau of Public Roads. It would authorize securities and decide certificates for construction or abandonment of lines.
Desmond, 86, former head of St. Marin's Catholic parish, was admitted to Hu ron hospital yesterday afternoon with pneumonia. His physician described his condition today as very poor. he resigned recently and was succeeded by Rev. John Gaire of Bridgewater on Feb 12 after months of ill health.
Circuit Judge John F. Hughes took under advisement a demurrer filed by Secretary E. H. Everson to a Brookings case by R. W. Vance, seed commissioner, challenging an emergency clause. A restraining order kept Everson from removing Vance pending court ruling. arguments centered on legal technicalities.
France rejects surrender in face of perceived Allied pressure as Daladier argues for peace with honor. US Ambassador Bullitt pledges defense of liberty and democracy while asserting Washington will avoid war. The scene also features British Duke of Windsor at a Paris American Club event.
Detroit February reports a major auto workers strike ending at Plymouth and Me body plants affecting about 23,000 workers. Police Inspector William Boips notes roughly 80 percent return to work by noon as leaders call the incident a cat strike and urge followers to stay at job.
A man identified as Malcolm Mitchell of Aberdeen was killed in a head-on collision on Highway 1 south of Urand Forks North Dakota during a blizzard. The truck carried four head of stock and collided with a snowbound automobile. Mitchell, a salesman for Minneapolis based rubber footwear firm, was about 45 and his wife had lived here for years.
Speaker Bankhand told a brief conference that President Roosevelt did not intend to propose new legislation at this session. Pending measures to change Social Security and aid transportation were not guaranteed dates for action, as the length of the session largely determines timing.
Seven Kansas firemen were hurt when a gasoline explosion occurred during floor scrubbing at a mall fire. The blast tore through the brick structure, staining the scene with smoke and fear as crews fought the blaze and risked more injuries.
The government reports rising mortgage debt held by farmers, with 14 total mortgages increasing from 12 to a higher count in the latest deal. The Farm Credit Agency notes about 35 percent of all farms in the United States carry mortgages in 1938, totaling approximately 7 million dollars. Federal land banks and land work commissioners hold mortgages totaling 2.84 billion dollars.
Fragment from a sale advertisement lists calves and cattle with prices from three to five dollars. Mentions a P O Box and cash terms. Names such as Mrs Henry Losin and Bank of Alpena appear ambiguously along with tractor references and Ohio contact bits.
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