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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Feb 28, 1947
Page
2
Market report lists butter quotes by score with receipts totaling 10 119 and poultry notes showing unsettled hen prices and steady mso with seven receipts and Leghorn price details incomplete. Fowl and other poultry prices are unclear due to garbled text but reflect typical exchange for that date and market segment.
The report from Jona Stockyards dated Feb 28 shows cattle and hogs trading with varying demand. Hogs steady to higher with best weights at 28.50 to 28.75 per hundred, sows 24.75 to 25.75, and light weights around 20.50 to 23.00. Cattle and calves offered in limited numbers, primarly medium and good grades, with cows and bulls priced from 10.00 to 24.00 and light calves at 22.01 to 24.00 for selected lots. Wool and sheep prices noted with ewes around 7.50.
NEW YORK Feb 28 Stocks drifted through a slow session with leaders mostly retreating. Only a few favorites showed gains while declines prevailed, transfers totaled about 700,900 shares versus 970,000 in the prior session. Major issues like Anaconda Ken and Phillips Dodge fell as the Recon Finance Corp raised its metal selling price to 21 1 2 cents. Distant were Pullman U S American Woolen Chrys Great Northern Railway Kodak and others.
Prices jumped across grain pits as short covering and new demand pushed March wheat to a session high and at times a 10 cent gain. May July and amber wheat reached 20 year highs for those contracts while corn rose with wheat and oats gained over 3 cents. Distillers reportedly bought, and shipping sales were noted at 590,000 bushels.
The Hope Star notes advance in agricultural futures with wheat up 8 to 12 cents, March at 2.53, and corn and oats rising. Wheat futures climbed as high as 19 cents in Kansas City and Minneapolis. Rye jumped 10 cents at Winnipeg as markets reacted to conditions reported by Hoover.
New York cotton futures showed mixed trends as the market weighed Washington reports on possible elimination of the export subsidy. Early nervous liquidation pushed prices down, with later session moves ending the day 0.95 lower to 0.15 higher than the prior close. March 34.48, May 33.36, July 31.40. Middling spot 34.69, off 24. N-nominal.
In New Orleans on Feb market activity fluctuated as offsetting trade influenced prices. Closing bids showed declines across months with March at 34.15 and December at 27.84. Front-month notes stood around 34.15 while October dip approached 32. Ji and other entries reflected narrow ranges and slight losses.
The article speculates on moon temperatures with a hot side near 200 degrees Fahrenheit and a cold side about 250 degrees below zero. It notes the need for appropriate heat protection for future Moon missions and highlights the extreme contrast between sunlit and shaded areas.
A historical note explains that ordinary manufactured gas can cause death even without a gas odor. It claims the victim’s blood absorbs an element from the gas, turning the flesh pink and enabling detection.
Little Rock officers flew to Sulphur Springs Texas to extradite two ex convict suspects who admitted taking jewels, watches and cash from H A Laster’s 109 West Third Street store. The pair fled in a car with a suitcase of loot and a revolver. Exum aided Laster but was unharmed.
Governor Laney insists he cannot withdraw Bates as Sharp county judge appointee amid petitions for a special election to replace late Hutchison. Wilson Matthews promoted to head coach of Little Rock High School football after Burnett resigns for Arkansas Tech. University of Arkansas president Dr Lewis W Jones touts the state's education and industrial future, planning to assume Fayetteville duties full time in September. Claude Harrell and Vernon Barclay die in a small New Boston TX sandwich shop fire caused by a kerosene stove. Clarence J Smith, 10, killed crossing near Cabot by a northbound train. John Henry Ro young, fatally charged in Wal last Nov slayings. sheriff says rifle used. Ro to be held at county jail.
Pearl Harbor February 28 The navy seeks to determine the cause of a sudden flash fire that damaged a large Pearl Harbor dock. Firefighting crews confined the blaze to a quarter mile long dock with 500 Navy and Marine firefighters aiding. Civilians moved 5900 tons of supplies to safety as oil slick waters fed the flames. Several ships evacuated and crews treated for smoke exposure with none in serious condition.
The Shower Springs club met February 25 at Mrs. L. H. Boyd's with twelve members four new members Miss Dixon and three visitors. They quilted sang devotional prayers were recited and roll call answered. The club donated 104 to the church fund and planned a chili supper for March 8 at the community building to raise funds.
Little Rock reports that by noon yesterday the state revenue department collected 387 057 35 under the new liquor tax law raising the rate from 1 96 to 2 50 a gallon Assistant Revenue Commissioner Walter Lokey estimates about 30000 more will be collected on liquor already in dealers stocks State auditors are inventorying stocks to attach tax stamps and settlements
A January 1911 blast from Taal volcano, located 39 miles from Manila in the Philippines, unleashed catastrophic devastation, killing about 1400 people in a single night and leaving widespread ruin across surrounding communities.
ALDO FORTE reports from Passo Pisciaro Sicily that Mt Etna’s lava flow deepened with two new crater mouths feeding the red stream. The crest reached 52 feet overnight, the flow length extended to ten miles, and a new reservoir was crushed as residents flee toward Saint Madonna Del Rosario seeking protection.
In the United Nations Security Council Russia rejects its veto as a barrier to the atomic report. Gromyko argues against delays while the council forms a three nation sub-committee to investigate Albania charges over mines damaging British ships. The panel, approved 8 to 0 with abstentions, will meet in Manhattan Monday and report to the council on March 10.
Budget debate centered on sweeping cuts to the national budget. House Chairman John Taber and Sen Styles Bridges push a 6 billion dollar reduction targeting War and Navy programs, while many lawmakers warn such cuts could threaten defense. Debates consider earmarking savings for debt payoff or tax relief, with Taft and Knowland offering competing schemes. Bridges hints at using the first 3 billion for tax cuts and applying the rest to the debt.
Rhodes scholarships to the University of Oxford were awarded to 1126 students across 211 colleges in the United States from the first award in 1904 until wartime suspension in 1939. The program is set to resume in the fall.
In Long Beach California on February 28 17 year old Jacquelyn Mae Stang admitted that a torture tale about an abducting man had been self inflicted by burning and binding herself with her clothing after discrepancies emerged during police questioning. She was found safe by a passing motorist and held at the detention home pending further investigation.
Dr Hollis cites states like Mississippi and Louisiana on separate institutions for senile cases and urges a special non political committee to develop a constructive program. Arkansas lacks private hospitals for such patients, cares for many indigent, public pay rates kept low since 1898 to aid marginal families, and faces overcrowding at Little Rock and Benton facilities. The article notes chronic admissions, transit issues, and alcohol related cases as part of the ongoing state mental health challenge.
North America, among the richest continents in natural resources, is noted here as a nuisance or obstacle to early ambitions to reach India as competitors blocked their efforts to access eastern trade routes.
John Bull asserts Britain faces a grave economic shift not temporary. Lewis W. Douglas says England will weather the crisis, though prosperity will not return to prewar levels. The piece contrasts past charm with current changes and notes a reborn yet altered national spirit.
Hoover urged counting relief for Germany as a debt for collection in advance of reparations. At a Foreign Affairs Committee hearing he pressed questions on how far the US should aid Germany, whether Britain could match, and if relief could be tied to future reparations. Critics noted the clash with Congress as it eyed major budget cuts to Truman's plan.
Harney Peak in the Black Hills of South Dakota rises to 7242 feet and stands as the highest point of the United States between the Atlantic Ocean and the Rocky Mountains.
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