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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Sep 24, 1931
Page
11
Market notes from Armour Stockyards and Chicago show hog receipts at 500 Thursday with prices dipping to new 23 year lows. Sluggish bidding followed a larger than expected run, while cattle and sheep shipments also pressured prices across the board.
Sioux City market shows cattle and hogs trading unevenly with calves and feeders steady to up, stockers slow, and heifers and beef cows quoted around gate prices. Hog sales around 5.10 top for odd lots, lighter weights active, while sheep and lambs indicate higher slaughter margins. Chicago and Minnesota reports mirror cautious demand across districts.
Wheat futures showed early buying strength on strong cables but faded as stock declines and liquidity concerns dominated. September closed up while December gained and May fell. cash wheat remained easy with mostly unchanged quotes. Coarse grains moved little with modest demand for divisions and better barley demand amid quiet durum activity.
Rural market notes from Huron and Mitchell show hens over fourty three pounds, springers, and leghorn varieties priced for Thursday. Sioux Falls and Sioux City markets report live poultry and eggs prices, with butterfat and creamery figures across regional buyers. Chicago and New York commodity listings follow with butter eggs and poultry prices, plus wholesale meat factors for the week.
New York today saw a swift market retreat in a severe secondary reaction erasing much of yesterday’s gains. Major issues slid as much as ten points with heavy volume around three million shares. Page lists closing quotations for Am Chem & Dye, Allied Chemical, US Steel, American Telephone, and several others with widespread losses.
Washington reports postpone of Omaha to Sioux City and Watertown air mail line amid alleged congressional pressure for favored airlines. Esi Wadsworth, air mail superintendent, says line not opened. Boeing previously awarded contract. Local bidders include Rapid Airlines, Sidles Airways, and Northwest Airways. list cited Nebraska Iowa South Dakota Congress members.
Sisseton bank directors shut First National Bank this morning and turned it over to federal authorities. Capital was 75000 with liabilities at 500000. An earlier hearing of officials charged with embezzlement was postponed due to inability to obtain records.
London readers report General Jan Smuts, former South African premier, expounding a holism theory at the centenary meeting of the British Association for the Advancement of Science. He argues science might reveal a universe organized as wholes rather than mere matter, with space and time evolving toward simpler forms or re initiating a new cycle of organization.
Preparations for moving the Hitchcock hotel to Beadle county farm have begun with two county highway crews staking lines for the foundation. County commissioners, during a special relief session adjourned yesterday, discussed the moving project. George Kettleson of Huron, likely to win the contract once bond negotiations are completed, may start this week. The building, seized by the county for nonpayment of taxes, must be moved by November 1, relieving congestion at the Beadle county farm.
Washington September 24 Two paths for corn farmer relief were outlined by Farm Board Chairman Stone. A private capital backed credit corporation or a long term cooperative marketing movement connected with the National Grain initiative were proposed after discussions with Governor Turner of Iowa and a group of farmers and bankers. Stone said action depends on Turner's group.
Chicago police report a fortune teller, Mrs Adadine Allen, predicted money gains for two clients who later robbed her. They paid $5 for the tip. one struck her, stealing $40, while the other fled. An officer detained one suspect. the other is at large.
E N Eberle of State College Brookings explained current Agriculture feed loan rules to farmers and hosts at the Baron Kiwanis luncheon at Marvin Hughitt hotel. Turner Wright of State College discussed cheap feed methods for livestock. Petty larceny arraignments set for Roy Rydle Selener W Lien and A D Rhodes before Judge Haney for allegedly stealing a bushel of onions from Malikan Bloodgood’s field in James River valley east of Hurca. Due to pasture and feed shortages farmers turn cattle into corn stalks, with H L Balk losing two milk ewes to stalk poisoning.
The Wednesday Musicale announces a joint concert by Marian Kalayjian and Kurtis Brownell on October 5 in the town. Kalayjian, known for Juilliard honors and Paris scholarship, teams with tenor Brownell, a Juilliard Fellow and Naumberg Prize winner. They have performed in Sioux Falls and Yankton upcoming, with prior summer teaching in Sioux Falls College.
Washington officials indicate a final decision on recommending tax revision will come within six weeks to two months. Treasury experts are advancing a broad study though no final verdict exists. If revision is advised, plans must be drafted for submission to the treasury budget bureau and White House before presenting to Congress. Opinions diverge on whether to raise taxes or fund deficits by debt, delaying revision another year.
Three railroads Northern Pacific Great Northern and others broaden free transportation to move donated food supplies to the Montana North Dakota drought area. Red Cross drought relief director R A Shepard announced the extension from Helena with shipments starting soon.
Frank B. Kellogg, world court justice and former secretary of state, after returning from Europe, said he does not believe Japan and China will go to war. He called the disturbance sporadic and noted the State Department representations urging adherence to the Paris pact, likening it to League of Nations actions.
New York Giants defeat Brooklyn Robins 3 to 1 in the charity opener as Johnny Verger hits a home run with Bill Terry aboard. Billy Day Lombardi Walker and O Farrell contribute in the first game of today’s doubleheader setting up the Yankees vs Robins in the second game.
Turner county Bank of Hurley and another local bank were taken over by the federal banking authorities. Hurley bank had capital of 0,000, surplus 6,000 and deposits around 150,00. The Wakonda area bank held capital 50,000 with deposits near 300,000. Governor Green recovering from illness and a separate robbery at an oil station near Vermillion.
New York dispatch reports the proposed heavyweight fight between Jack Sharkey and Primo Camera, set for October 1, was postponed until October 1 due to Sharkey sustaining an injury to his leg.
Dr Hrduka of the Smithsonian says the brain holds 10 to 100 times more capacity than it uses. The unused potential exists but must be developed through study before it can be utilized.
The American Legion Auxiliary and bugle corps will travel to Mitchell with Huron's Municipal Band to join a caravan for Huron Day at the Corn Palace. Exhibitions on Mitchell streets follow concerts starting 1 AM and 5 PM. The Palace show is in the afternoon. Reservations for the Corn Palace shows can be made by calling the Huron Chamber of Commerce at 6146.
Nona Johnson and Margaret Reese sweepstakes winners in the comic coloring contest receive free tickets to the Huron theater. Eight other page prize winners are named along with listed winners from Central South Dakota. additional names appear with addresses in Cavour and Huron regions.
New York report notes police captain testimony that professional gamblers ran dice games and horse race pools in three Tammany clubs during a legislative probe into municipal affairs. Captain Valentine described raids in 1927 on the Tammany Central association, Farley’s club, and the Perry association, with George McManus linked to a game. no convictions followed the raids.
Paul Weiss arrested September 11 in a series of liquor raids waived preliminary examination and is held to answer to a charge of keeping and storing intoxicants before the Municipal Court October 1. Bond was set at 3500.
Incoherent OCR style report lists admitted patients Jacob J Koschetter Carl penter and minor surgical Hane Bohnoak Hoareon with medical cases Mrs Bert Minium and dismissed John Davis Huron. Also mentions unrelated items Too Late To Classify pegaara Field glasses and Wile Write ie Huronite with unclear context.
Unincumbered home in Wolsey offered for sale or trade. Also notice of missing brown leather pocketbook with watch and small items. reward. Contact Box TL Heron via S. D. BLOST.
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