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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Aug 04, 1943
Page
15
Stocks staged a rally after an uneven start as traders weighed rapid price moves. Market sources Foster and Adams reported intraday volatility followed by a broad advance, with gains led by key industrials and financials amid shifting investor sentiment.
New York market notes show steady prices for flour and feed with slight moves in butter and eggs. Creamery butter ranges around 41 to 42 cents, cheese quotes nominal, and eggs firm near 21 cents. Poultry dressed firm, turkeys under 18 pounds priced around 37 to 44 cents.
The Italian front war bulletin notes intensified fighting in the southern sector and Axis prisoners surpassing 90,000 as Badoglio faces pressure at home. Nearby Lima beans and other produce appear at market prices, with fresh crops and staples listed alongside a local tale of cane production for wounded soldiers using osage orange wood canes.
Curb Market Hostile Toward Nazis. Despite reports of widespread Italian hostility to the Nazis, Cardinal Nasalli Rocca of Bologna urged no bitterness toward air raid victims. Bologna was bombed July 25, and Vatican comments note Italians largely support Allies while conditions in Italy show tightening controls. Americans advancing north of the Dittaino and along the coast toward Messina report German casualties amid heavy demolitions. Churchill notes the Oitaiio River area near Catania and Allied reinforcements under heavy artillery and supplies. Rumors of rayon shortages are denied as production increases focus on high-tenacity rayons for tires.
Allied forces push through rugged terrain in Sicily as Seventh Army and British Eighth Army tighten grip around Messina. Air raids blast roads and ports, reducing Axis positions at Troina Capizzi Cerami Regalbuto Centuripe, with ongoing heavy combat to finish the bridgehead and clear Cap Bon.
New York stocks firmed after volatile morning trading as industrials recovered while steel rubber and rail issues fell then rebounded. Final hour gains spread across sectors. 1,203,829 shares traded. Notable movers included Westinghouse General Electric Du Pont Goodyear Johns Manville GM Santa Fe SP Penn Southern Pacific Bethlehem and Youngstown Sheet. Bonds steadied. Chicago wheat rose 4 to 5 1 2 cents a bushel. cotton futures climbed late.
Green Island seaman Richard H. Shevney of 183 Paine Street is home on leave. Mr and Mrs Lawrence A Rule of George Street and their children Bob and Jack have returned from Hedges Lake. Ned Haggerty and Bob Fredericks have returned from Camp Van Schoonhoven after a two week stay.
Russian forces scored a notable southern victory as the German Donets offensive stalled with no gains on day five. Moscow reported the Orel drive had already collapsed in May, with over fifty populated places captured during a four to six mile advance amid heavy artillery and tank battles.
German authorities interned three Italian ships carrying troops after refueling at Suda Bay Crete as Red Army gains near Orel. Soviet sources claim two major highways captured toward Orel with German forces in retreat. Moscow reports note heavy losses for Germany, with dozens of tanks and hundreds of planes destroyed and the Mius bridgeheads holding.
Soviet units seized 26 villages southwest of Orel and killed 1000 Germans, while another unit captured two fortified towns and killed 600 troops. Red Air Force destroyed over 200 vehicles and exploded ammunition dumps. Around Vorošilgrad 2000 Germans died and 32 tanks disappeared as Russians held a Mius River bridge head. Prisoners from a German tank division say 50 to 80 percent of their personnel were lost in two days. Soviet flyers shot down 34 German aircraft over the Mius front.
Col Ray T Elsmore of Salt Lake City heads a vast air transport network in the Southwest Pacific Area overseeing nearly two dozen routes and 18 aircraft types. From Mindanao he built covert bases and 22 airfields, evacuated MacArthur’s staff, and directed air supply to New Guinea while coordinating Allied air operations across an area larger than the continental United States.
Royal J. Steves, 19, son of Mrs Fred M. Steves of Whitehall, a seaman second class on the U S S Juneau sunk in the Southwest Pacific November 13 1942, has been killed in action per Navy announcement. A January 11 1943 message notified his mother he was among the missing. Secretary Knox confirmed the later return.
Roland Alston a native of Waterfliet and former Troy Record reporter has joined the Washington news bureau staff of Gannett papers. He is a Waterfliet High School graduate and began at The Troy Record before moving to The Associated Press in Albany and later to the Washington desk.
West Sand Lake residents Ronald King and Arthur Miller, both connected to U S Coast Guard, spent time with family while John Hansen recently left for service and is stationed at Camp Sampson. Several families from Branford and Tarrytown visited relatives. a church class plans a kindergarten remodeling and a food sale is set for Saturday Aug 14 at Ryemuller's store.
A British submarine torpedoed near Monte Carlo and exploded beneath the famous casino after missing an Axis ship. The blast, part of coastal engagement, damaged the casino structure and sent debris across the area as authorities investigated the incident.
Miss Frances Peetz reports July progress in the handicraft course for city children. Many finished and near-finish items will be exhibited at season’s end. items include embroidered doilies, caps, necklaces, bracelets, hot dish holders, and dressed pieces. Outstanding workers include Jane Adams and Rita Japour with mentions of their centers and ages.
Betty Purcell Mary Jane Land 3eman Park Peggy Torpey Marie Dalloran Frear Park Helen Hart Helene Hickey Kinloch Park Ursula Martin Lois Gente Van Every Marion Powers School 12 Joan Dyer Peggy Moran Rye Field Grace Brehm Prospect Park.
James Leo McCrea son of Mr and Mrs William McCrea of 17 Ford Avenue and Frank A Perfetti son of Mr and Mrs Louis Perfetti of 21 Eighth Street were accepted for service in the Marine Corps and left the Albany Recruiting and Induction Station on Saturday to begin training at Parris Island D C Prior to entering the Marine Corps McCrea was employed by Nashs service station and attended Catholic Central High School Perfetti who was active in basketball and soccer attended Troy High School.
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