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Newspaper
Atlantic News Telegraph
Location
Atlantic, Iowa, United States of America
Date
Jun 27, 1928
Page
4
Chicago grain floor reports uneven movement with wheat down modestly, corn and oats mixed as rains in the southwest and Liverpool strength influence prices. Declining December futures reflect favorable weather. receipts show varied activity while cash grains offer No 2 to No 6 mix values across wheat, corn, oats, rye, and barley.
Chicago and major markets show slack demand for hogs and cattle with weaker bids from packers. Hogs mainly sold at top around $10.90 with mixed weights unevenly priced. cattle and lambs showed slight gains on certain lots while overall receipts remained sizable across Kansas City Chicago and Sioux City markets.
New York liberty bond quotations released June 27 show mixed yields across series with prices around 100.4 for Bond 4, 101.5 for others, and Treasury notes trading near 108.0. The brief market summary records diverse bids and small adjustments, reflecting ongoing demand for U S government securities.
New York June 27 report shows total trades at 2,171,800 shares and bonds 4,000,000. Closing quotations list Am Can at 86 54, Am. Locomotive 95, Am. Power 192 1/2, Gen. Electric 143 1/2, U S Steel 88, Westinghouse 93 1/2, Sinclair Oil 28 1/2, Sears Roebuck 108, Chrysler 69 1/2, California Oils 67 1/2, and other prices, reflecting varied gains and declines across major issues. In biographical notes, Story City’s Mrs Hans reports Master of Jewell unconscious after a hospital stay following a hemorrhage.
Market notes list varied produce prices including heavy hens at 17 cents and Leghorn hens at 14 cents, broilers and geese and ducks priced per unit, cattle ranges for stockers, and grain bids for wheat and barley. Includes scattered oddities and OCR quirks but shows price points and commodity groups typical of a rural market page.
Senator Jac Robinson of Arkansas, likely running mate for Gov. Al Smith, urged Democratic delegates at the national convention to unite and avoid a repeat of Madison Square Garden missteps. He pressed for peaceful compromise on prohibition, warned the party must not become a prohibition party, and endorsed McNary-Haugen farm relief principles while criticizing the Republican record on farmers and prosperity. He stressed the convention’s duty to harmonize differences and demonstrate fidelity to party principles.
The speaker denounces Republican corruption and defense of big business while praising Wilson era reforms. He argues farmers suffer under tariffed markets, warns of plutocracy, and urges unity to end corruption, defend honest enterprise, and promote fair taxation and governance. The clash centers on prohibition, economic policy, and political reform.
Houston June 27 A tense contest shapes for the Democratic vice presidential nomination between Senators Reed of Missouri and Robinson of Arkansas as William Kutchinson reports Reed faces Smith backed pressure to pair with Robinson while Smith’s camp backs Robinson and hints at other names. The Smith forces dominate the convention and consider Barkley Hitchcock Dannhey Hull as possible running mates, but Reed’s reputation as a wet raises doubts about backing him. If no deal arises a Smith Robinson ticket seems likely.
Forty Iowa savings banks reporting to the Seventh Federal Reserve Bank of Chicago compiled deposits of 100.145 million in May, a slight rise over May of last year and a drop from April by about one percent. District totals stood at roughly 9100. array.
London reports aviator Frank Courtney was forced to return to base after an accident to his water tank during a Lisbon to Azores leg. The British flyer, who had hoped to cross the Atlantic, relayed the incident by wireless. He had previously failed to cross the ocean in multiple attempts.
Mrs. Ray Faust, 43, long time Extra resident, died of cancer at Excelsior Springs Mo. She had been seeking relief in a restart and weakened daily. Survived by husband, her Guthrie Center parents, five brothers and four sisters. Body will be sent to Extra with her husband and Mrs Koomes.
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