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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 02, 1928
Page
4
Chicago June 2. Grains closed higher with wheat up about 14 to 1 4, corn rising and oats gaining. Trade active, supported by firm Liverpool sentiment, dry NW weather, and strong commission buying. private crop estimates pegged winter wheat at 512 million and spring at 264 million bushels.
Liberty bonds activity shows price around 102.40 with a 44 percent rate reference and a 1025 treasury term. Markets monitor 10827 figures for adjustments and investor demand amid ongoing debt issuance.
The Atlantic Markets column lists prices and items for produce and livestock. Entries show butter, hens, ducks, broilers, grain wheat and cattle categories with price figures, though many terms are garbled. Notable figures include hog prices around 7.00 and cattle valuing around 4.10.
We thank Joni G Whit more, the ministers of the citys superintendent of seniors, Atlantic Greenhapsvsy for decorations, The American Legion for use of all News Telegraph for thy pads Helty, and friends who helped to wake the fortieth anniversary of the A Woman's Relief Corps in success.
Chicago markets show hog receipts around 8 000 with prices steady and tops near 10.00 while cattle gains push values higher for the week. Hogs led with strong demand as good grades cleared at 9.75 to 10.00, steers rose and cattle totals reflected a weekly gain across the region including Omaha and Kansas City. Totals report weekly slaughter around 141 000 cattle, 79 000 hogs, and 164 000 sheep with mixed gains in various grades across major markets.
The New York stock market moved cautiously with bonds totaling about 5.68 million dollars and stock values showing a weak turnover. Notable quotes and readings listed include American Tobacco, General Electric, U S Steel, Westinghouse, and Sears Roebuck as traders weighed various industry groups.
Honolulu reporters note the four crew members of the Southern Cross prepared to depart Wheeler Field for a Hawaii to Suva leg as part of their Atlantic to Pacific voyage. Captain Kingsford Smith announced the aircraft would not lift yet after inspection and due to lingering strain from the recent 27 hour endurance flight.
Mrs John Riley aged local resident died at 430 pm after a paralytic stroke two weeks earlier. Born December 26 1839 in Nova she married Dr David Riley August 26 1880 at York Ned. Survived by husband son daughter Sister Ethel Mary of Davenport and two half brothers Will Powers Toledo and Elmer Powers Wester. A member of the local O E S for years the body will be taken to Ber Maines tomorrow for cremation and ashes interred at Nava O.
In St Athans, June 2, a derailment during high wind near Bedford tolls killed two passengers and injured several others. The Central Vermont line reported the incident with limited details, noting a tornado-like gust toppled a passenger coach.
The report notes Hughes will be awarded a degree as doctor of Jay Vania Military College at speeds exercises late today. The ceremonies accompany regular commencement on July 2 but due to Hughes illness, the conferment is moved to today before the West Point polo game.
Review shows declines in main eastern butter markets led by Chicago and New York, while overall butter production remains steady week to week. Supplies are below year ago levels, with Chicago at 42 1/2 cents per pound and New York around 94 cents, as receipts stay heavier than last year but under flush production.
A fragmentary record shows Justice E C Gilliam stating Ten dollars please and suspending the fine on promise to alter behavior. The notes reference a demand that no one talk to prisoners without permission and include garbled wording about Ed and a person named Yared.
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