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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Mar 07, 1947
Page
2
Washington dispatch outlines 1946 tax filing basics for couples. It compares joint versus separate returns, explains exemptions for wives and husbands, and notes changes unifying normal and surtax exemptions for easier calculation. The piece emphasizes Form W-2 and 1040 options and the tax brackets that affect costs.
United Mine Workers chief Lewis denounces government intrusion into bargaining and accuses coal operators of taking high profits while miners face restrictions. He cites profits of 250 million dollars yearly and asserts strikes are essential to labor liberty, criticizing proposed arbitration and damage-suits against unions.
The piece quotes union leader Lewis defending closed shop and industry wide bargaining while opposing union suppression by employers. He cites death tolls in coal mines and argues a five cent royalty funds miners health and welfare as essential to free enterprise. He warns legislative changes could empower employers to provoke illegal strikes and derail unions.
Sen James A Baker of West Helena proposes a $660000 hospital building for the University of Arkansas School of Medicine calling it more important than a war memorial stadium He seeks $600000 more plus $1000000 already allocated to fund construction Aimed at raising the school to American Medical Association standards and involves a finance bill and stadium bond plans.
Butter unsettled with 252 987 receipts and various price quotes. Eggs steady to firm with 12 293 receipts. Live poultry steady to firm with seven trucks received.
US traders report at National Stockyards Illinois with hogs steady to higher in spots and sows up to 25 percent, cattle and calves mixed with medium to good demand, and sheep showing limited offerings. Prices cited for various weight ranges and classes, market activity broad though uneven. Several unrelated notes reference corn market rumors and grain prices.
Chicago markets show corn and oats at seasonal highs with oats and corn leading gains while wheat trails. Wheat finishes below yesterday as March oats hover near one quarter cent gains and deferred corn contracts hit new highs.
In New Orleans on March 7 traders pushed cotton futures lower as long liquidation spread after Washington forecast lower farm prices later this year. Closing prices showed small losses with varying highs and lows across the contract months including May and October, reflecting a bearish tone.
New York trading sees cotton futures pressured by commission house profit taking and New Orleans selling with indifferent trade support. Late afternoon prices drop 60 cents to 1.45 a bale from prior close, with May and December quotations and several months posting new day lows.
Firemen fought a moving blaze in Canyon City Colorado as fuel from a 3,900 gallon underground gas tank leaked and caught fire in the Arkansas River, flowing downstream with the current.
Arkansas Governor Laney vetoed two companion bills by Rep. Horner Philips County that would raise illegal liquor penalties from fines of 50 to 500 dollars and include possible imprisonment. Current law allows fines from 5 to 100 dollars. The veto comes as the legislature considers constitutional amendments sent to the House from the Senate including voter registration, secret ballot, and funding shifts for taxes and highways.
An old remedy claims backache relief from excess urine acidity linked to kidneys. Kilmer's Swamp Root is described as a herbal medicine that increases urine flow and eases bladder irritation, with a free trial offer and a full-size bottle available at drugstores.
Weather disruptions persist as page one items note delayed operations and reduced activity. Community leaders urge continued support and contributions to aid relief efforts, naming local businesses and volunteers coordinating assistance.
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