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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Feb 26, 1947
Page
2
Live poultry firm with receipts of 10 trucks and no cars. Fowl prices around 33 cents, leg norn fowl 20, tryers 27 to 28, others unchanged. Butter firm with 362 receipts and varied grade prices. Eggs firm with 12,490 receipts and U S extras and standard grade ranges reported along with dirties and checks.
National Stockyards opened with 8 000 hogs fairly active yet 170 lb animals 50 75 lower than Tuesday’s average. Lows 25 50 lower. Heavier hogs 259 310 lbs 28 75 top 29.00. Cattle and calves trade moderately active and steady with steers widely 19.50 23.50 and cows 12.00 14.50. Sheep and lambs opened 50 75 cents higher with good and choice native and western lambs 24.25 per deck and southwest lambs 24.00 per deck.
In Chicago on February 26 firm corn prices held on export implications. Wheat moved within a wide range amid nervous trading with a late rally after early profit taking. Oats rose erratically in heavy activity as reports of snow in southwestern Kansas influenced sentiment. March positions closed corn higher and oats largely steady with new seasonal highs noted for May July and September corn.
Cotton futures in New Orleans advanced on February 26 as price fixing, short covering, and speculative buying pushed values higher. Closing bids showed gains of 1.69 to 2.15 per bale with March, May, and July contracts all finishing up from the session lows.
Cotton futures in New York faced erratic, reactionary trading with heavy selling and hedging as prices slid to near one dollar sixty before a partial recovery on mill buying. Early losses narrowed to modest declines by late session with several month contracts posting lower closes.
The teachers federation urged city officials to drop party politics and focus on student welfare and school preservation. Federation President Raymond J. Ast denounced blame shifting amid a heated board of education debate. In Albany, Governor Dewey's education panel salary plan release was delayed. Dowd said city funds hinge on a state aid boost to raise teacher and city employee wages.
The Hope Star announces its 1899 1927 1929 masthead details with staff roles including E Palmer president A H Washburn editor and publisher and J A Davis advertising manager. It lists publication frequency postal notices and regional and national advertising representatives.
The committee prepared two bills giving the legislature a choice on the hospital. One would bar residents of Saline and Pulaski counties from serving on the control board. Proposals include a separate unit for mentally defective children, a $2.25 million annual budget, a $300,000 supplemental budget, a personnel officer, eight hour work days for staff with higher pay, a larger medical staff, and higher patient food allowances. The bills also remove C. E. McSwain and L. B. White from the board and require a physician, lawyer, farmer, and businessperson on the five member panel.
The plan creates a joint chiefs of staff directed army navy and air force, a munitions board for procurement and standards, a research and development board for science in military work, a national security council, a national security resources board, and a central intelligence agency replacing the National Intelligence Authority. The secretary of national defense moves up in the presidential line of succession, ahead of the secretary of war.
Federation chairmen warn prices are higher than consumers want to pay as supply reasserts itself and shoppers become selective while industry leaders push toward lower prices. Pork climbs to record highs as fears of wage-driven inflation shake markets and OPA funding fuels rent control risk.
The Arkansas Senate Elections Committee endorsed two Mosby-Screenton and Trussell-Blackwell bills to curb poll tax abuse and standardize ballots. One would replace the election commission with a three member party balanced panel. the other would keep the current commission. Additional House and Senate actions included passage of measures on poll tax enforcement and posting voter lists after polls close.
Senate debates a bill by Sen. Smith to cut horse track profits from 10 percent to 7.5 percent, adjust wager creaks and uncollected winning tickets, and face a $300,000 tax claim on the Oaklawn Jockey Club. Sen. Maner warns expenses will exceed last year by more than $250,000, questioning affordability.
The council outlined weekly trash pickups by zone plus a daily Hope Business district collection. It agreed to buy about 10 acres north and east of Hope High School from the McMillan Estate for 15,500 to aid School District 1 and resell at a nominal rate, with at least 1,000 earnest funds from the district. It also eyed selling 69 acres west of Hope for 25,000 as an old airport site. A rate study by Carter Johnson could cut electrical rates to boost use, aided by new turbine and equipment. A deed transferring Proving Ground Airport land to the city is expected soon.
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