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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 08, 1916
Page
2
The paper calls out subscribers who promised payment after paving. It states contracts require full funding in advance, and trustees will not assume responsibility without paid subscriptions. In Atlantic, subscribers agreed to pay on demand after April, with 1916 refunds if unpaid. The committee insists funds must be in to proceed or no contract will be made.
Prices hold firm with butter at 26¢ from Marqusen and oats trading narrow. Government report shows a slight yield decline vs four months ago amid favorable weather delays and mixed buying by cash and commission houses. Trading ranges include July September and December futures with modest shifts across crops and ribs.
Wheat prices rose by session end despite pressure from bears and large holders. Demand for cash wheat improved and exporters returned to western domestic markets. Government reports signal bearish world supplies but a bullish domestic outlook with an 715,000,000 bushel yield estimate and a 96,000,000 bushel decrease from last year. Corn advanced due to light receipts and better cash demand amid adverse weather, while shorts showed caution and possible future acreage increases.
Chicago and Omaha grain futures show mixed moves with wheat and corn varying by grade and month. Prices in rye barley and oats display modest shifts as traders note weak and strong spots across regions and delivery months.
Chicago and South Omaha stock markets report hogs and cattle receipts and prices. Chicago top hog price 9.65 with 9.05 to 9.56 range. cattle top 11.30. sheep top 8.25 and lambs up to 10.45. South Omaha shows hogs 9.26 top, cattle 10.90 beves, cows and heifers 4.50 to 8.75, sheep 7.25 to 9.10, lambs 8.50 to 11.15.
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