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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Mar 18, 1947
Page
2
Andrei Vishinsky contends Canada played a notable wartime part but rejects wider representation in treaty drafting. He says the Big Four should guide drafting and that more blood flowed in the Soviet cause.
The text reports on wartime diplomacy as Vishinsky criticizes small nation participation as turning committees into debating societies. Murphy notes U S focus on small nation participation. Stalin appears active behind the scenes amid reparations talks with Molotov, and Marshall and Bevin prepare visits to influence Soviet American relations.
Cotton futures in New Orleans showed mixed directions with near months aided by demand while distant contracts felt pressure from long positions. Closing data range from highs around 34.82 to lows near 28.15 with March and October figures highlighted in the session.
Cotton futures eased on scattered selling and hedging amid grain declines, then slumped on broad liquidation before partially recovering. May touched 34.83 while Oct and Dec ranges and nearby spot price lingered near 35.9. The report also lists poultry, cheese, and butter prices alongside a long list of local school names and individuals.
The market remained steady to 25 cents higher with good to choice wooled lambs selling 23.75 to 24.25 and medium to good lots 21 to 23.25. Cull and common throwouts traded 14 to 17 while receipts included one deck of red western lambs and total eggs at 18 552 cases.
At St Louis National Stockyards on March 18 U P reports hogs 8 100 head 8 000 salable 50 to 75 cents lower than Monday with weights 170 to 270 pounds top 27 25. Cattle 4 400 salable 4 000 with steers and cows mixed price ranges from 10 50 to 26 for various classes. Sweep 2 000 salable 1 200.
An old time health ad claims SSS Tonic builds up low blood strength in non organic anemia. It asserts improved appetite digestion sleep and energy as blood surges through the body and encourages better health and weight gain. Millions of bottles sold and available at drug stores.
Grain futures fell sharply in late trading in Chicago as all wheat deliveries moved off the daily 10 cent limit. Wheat had traded above $3.00 earlier, marking a rare milestone in the board of trade’s 99 year history, amid reports the government is negotiating with Kansas City interests to delay spring wheat delivery until lake navigation opens.
Traders warned that if the report proves true, more cash wheat would become available to meet commitments in the March contract. The tight March wheat situation pulled current prices lower, with corn and oats also declining. March and September corn hit the daily 8 cent limit before partial recovery, and wheat quotes in Kansas City and Minneapolis dropped to the daily limit. At close, wheat was 10 cents lower across all futures. March wheat traded at 2.86 1 2, corn across all deliveries down with March at 1.70 1 2, oats down 4 1 2 to 6 cents at 93 1 2 to 93 3 4, barley steady to 2 cents lower at 1.56.
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