Commodity prices and stocks show volatility across markets
Flour prices rose from 3.34 to 4.80 per hundred pounds in Minneapolis. Chicago cattle hit a record high of 22.50 before easing to 22.25 as receipts surged. Hog prices at Chicago jumped to 18.50 then slipped to 16 amid rising hog supplies. wool tops in New York traded at 1.97 and 2.18 a bushel. Corn climbed from 1.44 as broader price confusion affected East and West markets. butter, bread, clothing, and rents held steadier in many cities while bank clearings fluctuated.
MENTIONED IN THIS ARTICLE
Minneapolis
Chicago
New York
Rene Gee
Truman eyes success of coming peace treaty conference
Associated Press bulletins report President Truman expressing high hope for the peace conference's success to renew the nation’s search for eternal peace in a world united. Other items note a Greek attack on troops near Kilkis leaving seven dead and a hundred fifty communists blamed, plus Arab leadership session in Palestine and FBI arrests linked to a Dayton tavern robbery.
MENTIONED IN THIS ARTICLE
Gettysburg
Truman
Athens
Kilkis
Salonika
Jerusalem
Palestine
Wheat piles up as boxcar shortage cripples Kansas harvest
Thousands of bushels of wheat lie on the ground across the grain belt as rains threaten shipment. With 80 percent of harvest done, boxcars are scarce and elevators are full, risking 15 percent losses if rain arrives before cars reach eastern terminals. Wallace County dumped 200000 bushels. Kansas City terminals store over 6 million with 61 million capacity.
MENTIONED IN THIS ARTICLE
Hays
Kas
Wallace County
Colorado
Charles H. Ward
Kansas
Andrew Schoeppel
Kansas City
J. W. Holloway
Trans- Missouri-Kansas Shippers Board
Meat Proviso Drives OPA Battle in Senate
Senate debate centers on a meat exemption to revive price and rent controls under the OPA. Taft and Wherry push to attach the measure, with George of Georgia supporting removal of meat from control lists to avoid a black market surge. Barkley leads opposition, while Porter and Wagner back the committee bill amid veto tensions.
MENTIONED IN THIS ARTICLE
Washington
OPA
Taft
Ohio
Wherry
Nebraska
George
Georgia
Senate
Barkley
Banking Committee
DPA
Paul Porter
Wagner
D-Ny
McCarran
D-New
Mr. Truman
Sen
Robert A. Taft
R-O
Truman
Sigler Wins GOP Convention Boost For His Candidates
Detroit Michigan reports Sigler Dominates Friday Republican state convention sweeping 1 582 delegates to back a full ticket for November. Nominees include Sigler for governor Keyes for lieutenant governor Alger for attorney general Black for secretary of state Brake for treasurer Aten for auditor general.
MENTIONED IN THIS ARTICLE
Detroit
Kim Sigler
Michigan
Sigler
GOP
Dr. Co. Keyes
Dearborn
Fred M. Alger Jr
Grosse
Eugene F. Black
Port Huron
Sigler’s
Atos
H. Brake
Marl K. Aten
Jackson County
Hooper
Canada Pegs Dollar to U S Value Amid Price Controls
Ottawa unveils a four point program to insulate Canada from U S inflation by pegging the Canadian dollar to par with the United States dollar and tightening price controls. Banks will buy U S dollars at 1.00 Canadian and sell at 1.00, with sterling at 4.02 buy and 4.04 sell. The move lowers value of U S holdings by 10 cents per dollar for holders and agency buyers. Newsprint price in New York falls to 67 per ton, affecting Canadian exporters. American investments in Canada rise by about 0.5 billion.
MENTIONED IN THIS ARTICLE
Ottawa
United States
U.S
Canada
J. L. Ilsley
House of Commons
Exchange Control Board
U. S
New York
Albert Sommerfeldt Hurt in Hay Load Fall at Farm
Albert Sommerfeldt of Albany suffered a compound fracture of the left ankle when he slipped from a baled hay load at the Walter Rechsteiner farm Wednesday evening. He was treated by an Albany doctor and sent home.
MENTIONED IN THIS ARTICLE
Albert Sommerfeldt
Albany
Walter Rechsteiner
Sommerfeldt
Rechsteiner
Millions of Mexicans to Vote in Historic Federal Election
Nearly 3 million Mexicans will choose a president and congress as the federal government conducts the election for the first time in four centuries. The Mexican Democratic Party backs secrecy of the vote while Gen Enrique Calderon of the Popular Revolutionary Party and Gen Angus Castro, former secretary, contest the presidency.
MENTIONED IN THIS ARTICLE
Mexico City
Congress
Mexico
Mexican Democratic Party
Enrique Calderon
Popular Revoutionary Party
Angus Castro
Munitions Payoff Alleged In May Case At War Probe
Senator Mitchell urged that Rep. Andrew J. May be summoned before the war investigating committee after testimony linked a munitions profits group to a 48,634 loan via a lumber company tied to May. Mitchell recounted a bribery attempt involving a card bearing his name and King Farouk’s, and detailed May’s suspected pressure on army ordnance officials over Batavia Metal Products and Erie Basin Metal Products.
MENTIONED IN THIS ARTICLE
Rep
May
Kentucky
Solon
Mitchell
Washington
D-Wash
Andrew J. May
D-Ky
House Military Committee
Senate
Prestons- Dare Ky
Prestonsburg
Pearporting & Rere
Erie Basin Ducts Co
Farouk
Egypt
Erie Company
O.K
Senator Mitchell
Congress
Roswell Hardy
Army Ordnance
Batavia Metal Products Co
Batavia
Hardy
Army
Col
John Slezak
Patterson
Slezak
Chicago Ordnance District
War Department
Caesar
Henry Garsson
Chicago
Associated
Erie Basin Metal Products Co, Inc
Erie
Senate War Investigating Committee
Ordnance
L. H. Campbell Jr
Illinois
Campbell
Henry M. Garson
Jap Leader Describes Manchuria Build Up for War
A high ranking Japanese officer testified that Japan seized Manchuria to fuel a war making machine aimed at the Soviet Union and later fought the United States. The testimony outlined Japan’s shift from aggression in Manchuria to broader conflict.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Manchuria
Soviet Union
United States
Meat Prices Jump as OPA Ceilings Hold
In the dairy heartland butter soared to 81 cents a pound with many stores near 80 cents. Milk stayed around 14 cents a quart, cream and whipping cream priced up to 21 cents per half pint and 16 to 28 cents per pint. Meat supplies dwindled while observers expected beef and pork from local butchers and Chicago slaughterhouses next week.
MENTIONED IN THIS ARTICLE
Chicago
Plan Housing for Centennial Crowd Impetus Gathers
Plans to house hundreds for New Glarus centennial in mid August grew as New Glarus housing committee met Monroe Chamber of Commerce directors to discuss local help. G P Hoesly and Henry Stuessy urged accommodations for nearly 100 performers and other participants for a four day program. Many visitors will stay in Monroe hotels or private homes with some guests arriving from Milwaukee Chicago and other cities. The chamber will coordinate through Secretary Walter Day as executive committee members including Hoesly Gilberts Ott Fuhrmann Figi Meythaler and others observed the work ahead.
MENTIONED IN THIS ARTICLE
New Glarus
Monroe Chamber of Commerce
G. P. Hoesly
Henry Stuessy
Monroe
Green County
Milwaukee
Chicago
Chamber of Commerce
Walter Day
Hoesly
Gilbert
Fred Ott
Ed Fuhrmann
J. J. Figi
Holiday Accident Death Toll Near 300
Nationwide during the extended Fourth of July weekend shows violent deaths rising with 285 killed since Wednesday 6 p.m. Traffic deaths total 136 with 80 drownings and 69 from other causes. Six states report no violent deaths.
MENTIONED IN THIS ARTICLE
Ess
National Safety Council
Arkansas
Delaware
Georgia
Maine
Vermont
Rhode Island
Illinois
Indiana
Iowa
Minnesota
Wisconsin
Suspension of Trading at Plymouth Exchange July 5
Wisconsin Cheese Exchange members suspended the trading session at the request of Secretary of Agriculture Anderson. The exchange planned its weekly market for July 12 unless ordered otherwise by an authorized government agency. The action came after a special session and a wire to the secretary stating the meeting was canceled solely due to Anderson's urging.
MENTIONED IN THIS ARTICLE
Plymouth
Wisconsin Cheese Exchange
Anderson
Stolen Spare Tire From Car on 12th Street
Walter Trickel of Monroe reported to city police that the spare tire and hub cap were stolen from his car parked in front of his residence at 1922 12th street on Thursday night.
MENTIONED IN THIS ARTICLE
Walter Trickel
Monroe
1922 12Th Street
Goodland seeks rent curbs pending Salons Act retroactive
Governor Goodland urged landlords to cancel rent increase notices and eviction cases started since the OPA ceased, saying any Wisconsin or federal rent laws would be retroactive to June 30. He predicted Congress would act soon and favored a calm approach while planning a legislative meeting.
MENTIONED IN THIS ARTICLE
Associated Press
Goodland
OPA
Milwaukee
Congress
Wisconsin
Dairy Prices Move Variously As Markets React To Control Removal
Wholesale dairy prices showed mixed moves after OPA controls were lifted. Butter rose 13 to 14 cents in New York and Chicago while Philadelphia Boston and San Francisco held or edged higher. Eggs varied with Chicago firmer on heavy stock and fowl, New York steady to slightly up, and Pacific markets near black market levels due to anticipated meat availability. Descriptions cover butter eggs and regional shifts across major markets.
MENTIONED IN THIS ARTICLE
Chicago
Department of Agriculture
New York
Philadelphia
Boston
San Francisco
Los Angeles
Baltimore
Denver
Washington
Fort Worth
Pacific Coast
Wallace P. Barlow New Commander of Legion at Monticello
Wallace P. Barlow was elected commander of Amstutz- Marty Legion post in Monticello to succeed his father J. W. Barlow. A large group of officers are World War II veterans. others include Harry L. Schuerch vice commander Paul E Voegels adjutant Dr R A Woodruff finance officer and more. The new officers will be installed in a countywide service in the fall.
MENTIONED IN THIS ARTICLE
Monticello
Times Special Service
Wallace P. Barlow
Amstutz- Marty
J. W. Barlow
Harry L. Schuerch
Paul E. Voegels
R. A. Woodruff
R. W. Karlen
John Hoskins
Howard E. Steinmann
Otto E. Bently
Harris Wittenwyler
Also Mentioned on This Page
The
FBI
George C
Bugs) Moran
Virgil Summers
Henderson
Dayton, O
Moran
Reading Terminal
Soviet
Russia
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