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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 26, 1940
Page
10
A garbled listing references Theodore Roosevelt and Louisa May Alcott along with Florida and a "Temple of the Sun" and Wilbur Shaw. The readable items point to biographical or literary figures and a location or concept linked to Florida.
Allied forces execute landings to seize major Nazi strongholds while enemy bombers are repelled over Asmara and Diredawa. Italian troops seize Djibouti and the Djibouti Addis Ababa railway, opening Abyssinia to sea access. Franco Italian truce triggers demilitarization of French frontiers and parts of southeastern France. Tripartite Pact creates eastern Mediterranean status quo with Turkey Iraq and Syria coordinating defense.
Military dispatch reports units from the Caucasus moving toward the Syrian frontier amid rising regional tensions. Commanders cite security duties and border patrol as primary objectives.
The body of Mrs. G. C. Brockway of Perry, former Audubon resident, died after a long illness. Buried at Maple Grove cemetery in Audubon after services in Perry. She was 52, former Miss Hazel Nett, daughter of the late Mr. and Mrs. W L H Nett. Survived by husband, daughter Mrs. Raymond Giles of Stuart, and sister Mrs. Myrtle Zion of Perry.
President Roosevelt signed a bill giving the Reconstruction Finance Corporation wide powers to form and acquire defense material corporations. It authorizes RFC to retire capital stock, buy up to 400 million dollars of stocks and the Federal Home Loan banks, and raises railroad loan limits to 500 million dollars. A second bill authorizes telecom and broadcasting firms to aid the army and navy at no cost during emergencies.
Wheat gained after an initially easy start and early losses, closing higher by fractions though best prices faded. Corn fell one cent before partial rebound, oats and rye rose modestly, while soybeans slipped. Cash grain prices show varied readings across hard, yellow, and white corn and mixed oats.
The New York stock market rebounded after an early slide, with turnover near 700000 shares. Aviation issues lagged. Douglas, Curtiss-Wright, Lockheed and United Aircraft fell, while Glenn Martin rose on a $1 dividend. Major industrials eased then recovered. utilities were subdued awaiting the Willkie boom.
Hogs 21,000 with 7,000 directs, 180 lb hogs up to 10c. top 5.35, most 5.20-5.30. 270-430 lb butchers 4.90-5.20. Cattle 10,000+ calves 1,000, market fully steady. top 11.25 for choice heavy steers, many long-fed 9.76-10.76. fed heifers weak to steady, other killing classes steady to strong. Sheep 4,000 with lambs 10.50-11.0, ewes 3.75. South Omaha: hogs 6,300 steady to +10c, top 5.10. cattle 5,500 steady to weak, vealers 9.0-9.5. sheep 3,500 steady, lambs 10.15-10.50.
Butter prices for extras and firsts range from 24 to 27 cents with 92 to 93 score lines. Eggs steady at 22 751 cases with current receipts and fresh firsts at 15 to 16 cents. Live poultry markets show mixed movements across turkeys hens broilers and ducks while various company and utility stock quotes appear in the same list.
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