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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 08, 1927
Page
4
Chicago grains closed irregular with wheat down up to 1 cent, corn higher, oats steady. Wheat rose on strong commission house demand and foreign crop concerns. corn fell slightly on local profit taking. Provisions firmer amid active trade. receipts and stocks reported for Minneapolis and markets.
Closing quotations on leading stocks show American Can at 607, American Locomotive 174, AT&T 167, Baldwin Locomotive 222, Buffalo Cement 51, Canadian Pacific 178, Corn Products 54, General Electric 105,4, General Motors 202, Goodrich 66, CJG 121, Penna 64, Southern Pacific 116, Studebaker 43, Tobacco Trust 104, Union Pacific 176, Union Cigarettes 84, Woolworth 46, Westinghouse 75, White Motor 46, Coca Cola 118, International Harvester 483, Magic Truck 111, and Armour & Roe buck 86.
Market report lists Butterfat 8 1/2 cents, eggs 13 cents, heavy hens 16 cents, lights and Leghorn stock 4 cents, old roosters 10 cents, gorse 8 cents, ducks and springs 20 cents, Leghorn springs Te, S f Cattle, Blockers and feeders steady slow, San pows and helform 3.60 dollars. wheat No 2 1.27, corn 83 cents, bar ayl 60 cents, oats 47 cents, hogs 7.60 to 8.00.
Hog prices opened weak with 10 cent declines from Tuesday and 160 cents lower than last week as packers stayed slow. Top for lights was near zero with heavies around 8.60, while receipts ran 23 000 with 14 000 carryovers. cattle steadier, calves up, hogs in several regional markets showing mixed moves and varied weights.
Closing uberty bond quotations list high and low readings for various bonds. The report notes prices such as 100.28 for Bigs and 100.13 for Bnd, with 4s and 4% readings including 108.28 and 108.19, reflecting market activity in New York on June 8.
Iowa bulletin cites 78 percent of corn planted by June 1 the lowest since 1892 with conditions the worst in 85 years. Chief causes include soil saturation from last September rains and wet April, though May rainfall was near normal and May was cool and cloudy. Other crops mostly fair. small grains show yellowing on poorly drained land.
Earl Carroll was carried by ambulance to the Atlanta federal penitentiary to begin serving a year and one day for perjury. Convict No. 24,809, he arrived after a frail journey from Greenville, DC, with his wife and brother and sister-in-law at his side.
A fragment notes a push to arrange freedom and better foods made possible by Frigidaira, in connection with King Electric Co. The lines suggest a campaign or promotional effort linking improved dining options to electric infrastructure or sponsorship.
A lengthy discussion centers on the next steps for financing primary road bonds in Iowa. Col Haynes argues that bond issues require clear revenue sources, including automobile license fees and gasoline taxes, to keep interest low and avoid local property tax burdens. He asserts hard surfaced roads are an investment yielding long term dividends for residents.
Cedar Rapids report says C Denecke Co stock, a major eastern Iowa department store, now falls under Newman Company control. G F Newburger led the buying group, paying 173001 dollars, the highest receiver sale price here. Four other bids were submitted. Wm Penn Scenti A Good Cigar.
About 25 Fuller ton Lumber yard managers gathered in Council Bluffs with E Crawford and Edward Evans in charge. W E Johnson of Shrouger and Johnson spoke on metal goods, followed by a varied program of talks on collecting, business basics, customer relations, and accounting practices by regional speakers from Avoca to Massena.
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