09 Feb 1948
Page 1
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This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
Lethbridge Herald
Location
Lethbridge, Alberta, Canada
Date
Feb 09, 1948
Page
1
Winnipeg market reports substantial gains in grain futures amid moderate buying and local selling contraction. Rye and wheat futures showed strength tied to Chicago, with deferred months leading the gains. export prices and cash bids for No 1 Northern and other grade wheats varied.
The issue highlights who stands to gain from tax reductions with discussion at Ot Taw behind the scenes. It also teases stock prospects, broker votes, and security growth plans for the next three years, urging readers to follow The Post’s exclusive guidance on shrinking expenses and improving home finances.
Market trends show Toronto traders cautious as few stocks moved with minor gains in industrials and metals. Montreal trading was extremely light with mixed prices and irregular mine stocks in a quiet market.
The market shows volatility with No 2 OW and No 41 CAS futures cited, as traders describe short-covering and hedge activity amid lower cash flows after heavy auctions. Zews mention 175,080 bushels booked and 50,000 bushels shipping sales, with May 105 percent, July 93, and September 375 as pricing notes.
Calgary reports 590 cattle 13 calves 117 sheep with steers at 15.00 to 15.85 and cows 10.50 to 11.00. bulls 9.75 to 12.55. Toronto notes cattle 3 800 calves 200 hogs 300 sheep with calves 9.75 to 12. lambs steady. Chicago price ranges show hogs 19.00 to 21.75 for 240–270 lb, cattle 21.50 to 28.50, cows 21.00 to 22.50, heifers 24.00 to 28.50.
Fragmentary entry cites a medium weight 16 good measure, mentions Andy Ievim and P2150 0 aged Kati, includes eee 10,002 market figures. Presents unclear quantities but notes market figures and weights in terse form.
Industrals fall amid mixed performance with small declines. Golds edge up slightly as Western ois slip, while metal prices show minor movements. overall close reflects modest activity and revised figures.
A fragmented OCR phrase list shows multiple place names and numbers across a regional section. Items include Centre, Commonwealth, Davies Pete, East Crest, Foothills, Grove, Grease Creek, Home Of, Leduc holds, McDougall Segur Wi, Mercury Hi, Model 35a, New Banchman 833, Pacific Pete, Phillips Pete, Princess 1074, Royal Gar 1234, Roxana 30, Sout Brazgeau 13, Sunset 9, Superior 262, and related notes with digits and abbreviations.
Canadian stock note lists names like Nat. Steel Car and Shawinigan amid scattered gains and a Dow Jones update. The piece notes the Dow industrials at 16922 with a rise and railroads and utilities moving modestly, while Americans spent nearly 490 million dollars on foreign travel in 147, per U.S. Commerce Department estimates.
John Lloyd, youthful Blairmore UMWA president, to carry the CCF banner in the next provincial election from Pass riding. At a Colemac nomination convention, officers were elected including WJ White as campaign manager and James J. LlosG as secretary. Elmer Roper, provincial CCP leader, spoke on price controls, oil development, and reform, urging change and criticizing the Manning government. Roper said the CCP would not join with the Labor Progressive party in the upcoming election.
Ottawa reports a rule alteration to empower any cabinet minister to explain and defend legislation in the senate. The move aims to redistribute work and speed passage of bills, with Transport Minister Chevrier and Defence Minister Claxton linked to major acts. Senator Wishart Robertson presses for prompt action, signaling a possible new era of senate usefulness amid room debates on immigration tourism and the income tax act.
Six youths from Bellevue and Coleman aged 2 to 24 escaped a deadly crash when a 3028 Chesroies car was struck by a locomotive at a Coleman rail crossing. The front and rear of the car were crushed, Woodward and Sterban were shaken but survived, others suffered injuries. All were taken to Coleman hospital for treatment.
Lord Chancellor Viscount Sankey, who served from 1929 to 1935, died at his London residence on Friday. The prominent British legal figure, known for his reforms and leadership in the Lords, passed away peacefully this morning after a period of ill health.
General Dwight D. Eisenhower retires as Army Chief of Staff with President Truman and Gen. Omar N. Bradley present. Bradley assumes command after Eisenhower’s farewell, receiving the Oak Leaf cluster medal and a Silver cigarette case. Eisenhower to begin memoirs and a two month leave before joining Columbia University. Death notice: Yanko Brayoviich, Montenegrin sculptor famed for a 11-sized McGeer bust, dies in Vancouver.
Paris report says General Otto Von Bhielymagel, 19, jailed on war crimes charges including hostage deaths, hanged himself in his Paris cell after a prolonged headache. A note to lawyer Marcel Heraud cited failing memory and strength to defend himself.
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