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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Dec 27, 1946
Page
3
Richmonds Common Council defeated a 15 cent real estate tax hike by 10 to 9 but voted to double all existing license taxes. The move leaves Mayor H. H Edwards memorandum budget for 1947 with an apparent deficit of 464000 dollars.
New York reports Wendell Willkie died October 8 1944 leaving a gross estate of 849316.67 dollars and a net estate of 559992.24 dollars. An appraisal filed with the state transfer tax department shows his widow Edith Willkie received 75 percent of the residual estate and his son Philip received 25 percent of the residue income and contingent remainder interests.
Market quotations show a fourth straight down day with limited recoveries and broad losses among rails and industrials. Pessimism over labor relations, wage suits nearing a billion dollars, and falling commodity prices weigh on sentiment as several major names like Santa Fe and General Electric retreat.
Local markets provide daily corrected feed prices including patent bran 10 lb bag at 5.55 and egg mash 20 percent at 4.72. Additional items include cracked corn 100 lb bag 4.50 and live poultry fees for heavy breed flyers 30, Leghorn broilers 26, and young turkeys 28 to 40 per unit.
Baltimore market report shows light cattle receipts with mixed quality and prices around 20.50 for 1 000 lb steers, calves mostly 21.00-25.00, hogs easing to 23.00 top, sheep steady with lambs 25.00 and ewes 9.00, produce prices steady to weak with apples 2.75-3.00 and eggs unsettled at 40-43 wholesale. Poultry prices rise on heavies while fowl and turkeys vary by weight.
Senator Taft argues policy should rebalance bargaining to an even keel with no single fix. Ball seeks to outlaw closed shop and similar arrangements while Smith pushes broader reforms to Wagner Act and essential industry strikes.
Chicago on December 27 opens with wheat down nearly two cents and other grains soft. Weakness in surrounding markets drives the downturn with early bids for wheat at Jan 2.10, Mar 2.01, May 1.92 1 4, July 1.76. Corn bids show Jan 1.31 1-4, Mar 1.29 1-4, May 1.28 3-4 7-8. Oats quoted Mar 74 1-2, May 68 3-4 7-8, July 64, Sept 64 1-4 61.
The league would not disclose butter purchases but broker John McClay said he bought over 500000 pounds in 10 days at 84 to 84 1 2 cents. Grade A butter sold as low as 74 cents. A telegram to New York AG Goldstein was reportedly not received. Across the country prices fell with department stores advertising bargain displays.
Funeral services for John William Taylor 70 held at his late residence Monday afternoon at 2 o clock conducted by Rev James B Roe rector of Christ Episcopal Church Interment in Mount Hebron Cemetery The death occurred Saturday morning at his home on Berryville avenue in this city
Frederick County Farm Bureau announced the cream and egg department will be closed Wednesday January 1 for inventory.
Chet Lauck found a 50 year old elephant wearing a sign reading Merry Xmas to the Laucks among his gifts in Hollywood. The pachyderm was sent by W Stroube of Corsicana Texas to Lum of Lum and Abner fame. Last year Stroube sent a parrot and the year before an indescript bird.
Senator Ferguson of Michigan asks the Senate to reopen the Bilbo investigation to hear more testimony about an allegation that Mississippi Senator Theodore Bilbo received money from a man seeking help in obtaining narcotics.
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