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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 17, 1940
Page
8
Denison Iowa June 17 The quick action of a fellow fireman saved several lives when the truck driven by Don Koch was stricken by a heart attack causing a crash during a return from a minor fire.
The attack occurred as the truck ran out of control and crashed into two parked autos. A fireman intervened to halt the machine and prevent further harm as several bystanders narrowly avoided injury.
Lincoln Neb June 17 Reduction in Nebraska state levies in anticipation of higher national defense taxes would trim property and poll taxes by as much as 10 percent. The total tax take would fall from 47 million dollars to 42 million with educational institutions facing the greatest losses including the University of Nebraska and state colleges.
The sentence notes that receiving only half of the funds would halve spending and force a large cut in already thin operations, leaving a minimal level of activity and services. It emphasizes the impact on ongoing activities and the need to preserve essential functions.
Chicago railway foreman M. M. Hayhurst in American Magazine describes a mother robin caring for two fledglings. The birds made daily trips between Chicago and West Chicago as the mother fed them angle worms, meeting the train in West Chicago to resume parental duties.
Naval men view launch flaws as ill omens and the Seadragon faced a christening hiccup when it failed to slide down the ways prompting a week’s delay as shipyard workers searched for an unexplained malfunction delaying its entry into the water.
Hog receipts from 16 concentration yards and 100 packing plants in interior and southern Minnesota for 48 hours ending 8:00 am show 38,700 head, down from 45,500 last week and up from 34,200 a year ago. Barrows and gilts steady to 15c higher, ranges by weight from 160-180 lb at 4.55-4.95 to 330-360 lb at 4.30-4.65. Sows generally 3.60-4.20, up to 4.20 for 270-300 lb and 360-400 lb at 3.90-4.00.
Chicago produce market report for June 17 shows steady to lightly active trading across items. Barley and grain prices hold with middling to weak demand. live poultry markets remain steady to easy with turkeys at 9 to 13 cents and broilers around 16 to 16 1/2 cents.
A public safety reminder urges drivers to lower beams when meeting or approaching another vehicle to prevent glare and reduce the risk of serious accidents. Authorities stress consistent use of low beams in dusk, dawn, and fog for clearer sight and safer navigation.
Grain prices in Chicago recovered part of an earlier decline on June 17 as fears from France's surrender weighed on wheat and corn. July wheat slid to 74¢ before rebounding to 77¾¢, near a 2¾¢ drop from the prior finish, with corn, oats, rye and soybeans also hitting new seasonal lows before late-day recoveries.
The market fell more than 5 points at the open on the French surrender but rebounded sharply. Rubber and utilities led the recovery with gains. rails and oils also rose. Some steel and aviation shares recovered, while names like U S Steel, Bethlehem, DuPont, Chrysler, Anaconda, Allied Chemical, GM, and American Car and Foundry posted mixed results. Closing quotes show mixed finishes with several issues above break-even.
Livestock report highlights hogs steady to 10c higher with top steers at 10.50. Chicago receipts show hogs near 18 000 with several price tiers and beef cattle and calves trading mixed. Other markets such as South Omaha and Kansas City contribute varied totals and price ranges for hogs cattle and sheep.
A concise ledger names numerous companies and percentages linked to Am P L Am Smelt Am T and T Am Tob Anac Cop Atch Atl Ref Avia Corp Be Stl Bendix Av Chefs Coca Cola Cont Can Cont Corp Crue Stl Dup De Nem Gan Elec Gen Mtrs Mit Harv Int Nick Lorfil Tob Mack Tr Mont Ward Nat Bis Nat P L Oliver Farm Penn RR Pen ney Co Pub Soc N J Pull Inc Radio Rep Sil Sears Roe Std Oil Cal Std Oil Ind Std Oil NJ Soc Vac Swift & Co Texas Co Texas Gulf Su Un Pac Un Carb Uld Air US Rub U S St West Un Weat ghse Elec West Air Woolworth.
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