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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 08, 1939
Page
8
Raymond Orteig, 69, French restaurateur and donor of the $25,000 Orteig Prize, died in New York after a long illness, mourned by friends here and abroad.
Chicago trading today saw wheat futures rise briefly then fall to new lows, closing fractions lower. Oats strengthened with gains above one cent, while July wheat peaked at 34% cents before retreating. corn and rye showed mixed to small changes and soybeans edged higher to lower.
Livestock numbers show hogs at 12 500 head with 4 500 directs, steady but 108 lower than yesterday. Cattle 3 500 with calves 1 200. steers slow, weightier steers under12oo lbs weak, yearlings steady, best yearlings near 10 dollars. Sheep 6 500 with 2 500 directs, slow trading and fat sheep steady.
City Treasurer James G. Whitney reports a remaining balance of 83,687.17 in the city treasury after disbursements to various funds and departments including Fire, Water, Electric Light, Library, and other civic accounts. The document lists allocations such as Fire equipment, sewer and park bonds, and meter deposits among the expenditures.
A list presents supposed correct responses to a printed knowledge test on page two. Items cover geography, people, sports, religion, and law including Strait of Messina, Dr. Paul Munch, Queen Elizabeth, Kentucky, church government, bishop, New York Giants, wild rose, Mexico, and holographic will.
Omaha officials hailed a Union Stock Yards report showing South Omaha as the second largest U S livestock market. Chicago remains first with hogs up 105740 head and sheep and lambs up 52106, offsetting cattle down 5235. Five months ended May 31 total 1804668, above 1938’s 1652067.
A 90 pound red haired girl who shot Policeman Frank Cowgill of Michigan City led a three state search across Illinois Indiana and Michigan. Airplanes a bloodhound and many officers hunted her and a male companion as Cowgill was shot in the knee and knocked down with a blackjack. The pair fled on foot after the confrontation.
Chicago Produce report lists butter prices at 24 to 24 1/4 cents for extras and firsts, eyes at 15 to 20 cents for fresh, cheese at 14 cents, and live poultry including turkeys 16 cents and broilers 9 cents, with various old and new car classifications and current receipts noted.
Combined hog receipts at 20 concentration yards and 10 packing plants in interior towns and southern Minnesota for the 24 hours ending 8 am show 24,200 head, down from 25,800 last week and 16,600 a year ago. Prices mostly 5 to 10 cents lower with slow loading and heavy hogs. Quotations: various weights from 160 to 550 pounds range from 4.45 to 6.45 dollars, with sows showing similar declines.
New York stocks drifted lower with light selling carrying over from the prior session. The market lacked strong recovery momentum and total volume stayed around a full day’s turnover, with a handful of issues like Loew’s and several blue chips edging higher on late moves, while many leaders fell.
Hog weights above 230 pounds steady with early spots stronger and later weakness on above 270 pounds. Top hog price $6.35, packer limit $6.20. Cattle receipts 2,000 with fed steers and yearlings active. vealers weak to 50 cents lower. Sheep receipts 1,800 with native spring lambs around $9.60 and Idaho feeding lambs at $8 to $8.25.
Texas Gulf leads with 28 percent rise among a mixed session of shares. Westing Blec posts 99 percent, while Uld Air gains 37 and US Steel 48 percent. Utd Corp slips to 2 percent as US Ind Alco advances 16 percent. Woolworth sits at 47 and West Un at 20 percent amid uneven market moves.
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