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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Aug 02, 1945
Page
5
New York stock market eased as motors, steels and rails led the downtrend after an attempted early rebound failed to attract buyers. Trading was slow with one of the year's smallest volumes, as investors awaited the Big Three talks, Japanese developments, and British politics.
Chicago markets opened with mixed grain futures in light trading. Wheat and corn showed small declines and gains across the board with September and December contracts posting fractional moves. Early quotes include wheat Sep 1.65 1-8, Dec 1.65 1-2, May 1.64 5-8. corn Dec 1.18 3-8, oats and rye also moving modestly.
Produce apples unchanged poultry and eggs firm receipts light Butter 92 763 lbs Eggs 2 598 cases. Baltimore cattle and hog markets steady to weak with mixed grades. calves 120 250 lb and weaners 15 16 50. hogs 120 lb plus 15 30. Sheep lambs strong top 16 50. Chicago hogs and cattle steady to weak with mixed lots and prices.
Leetown Methodist Church holds all day services Sunday August 5 with morning worship at 11 led by Rev W S Johnson and a 3 o'clock service headed by Rev J S Swann and Berryville choir. Lyric soprano Marvenia Elizabeth Wallace will give a recital at 8 that evening. Public invited.
Rep. Daughton says the Army must disclose stockpiles or he will seek White House help. He accuses overstocking and notes delayed replies from Gen. Somervell. He cites War Shipping Administration figures on beef butter pork and other supplies for civilians and the merchant fleet.
Dr Hough continues remarks on association approval scheduled for late August. Dr Gordon H Ward agricultural economist V P I assisted in by laws with directors. Tomorrow night’s program focuses on production harvesting and marketing of this year’s crop. Discussion will cover labor needs and wage rates for workers in the county and nearby areas.
The secretary of the navy said the United States has 26 aircraft carriers and 65 escort carriers. He noted that in 1942 the Pacific had only four carriers, highlighting wartime expansion.
Tuck proposed three points: equalize real estate tax for public service corporations, grant localities a share of beer tax receipts like wine tax, and retire state licensing, letting localities collect fees. He argued homeowners unfairly pay more than corporations.
A speaker backs equal assessments but says tax reform is complicated and requires careful consideration before any law changes. The lieutenant governor declines to discuss beer tax proposals or business and professional license issues.
Air raids hit Kobe Nagoya and Kyushu targets with 37 fighters strafing and bombing rail yards factories and airfields. US Far East forces sink seven Japanese ships and damage ports and refineries as MacArthur warns of a massive air armada. B 29s strike Honshu cities and Kawasaki refinery. mines planted in Shimineseki straits.
The strike targeted Seishin Rashin and nearby waters in Korea with 6,632 tons of explosives dropped on war centers. One B 29 loss set a record for planes engaged, and the operation extended to northern Korea tightening the blockade against Japanese shipping.
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