Stormy Weather Raises Corn Prices in Chicago Market
Chicago October 93 prospects of stormy weather helped push corn futures higher. Dec 93 closed at 1.23 1/8 to 1.28 3/8, May about 1.21 7/8, with oats up 1/2 to 3/4. Provisions varied in closing.
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Newspaper
Bridgeport Standard Telegram
Location
Bridgeport, Connecticut, United States of America
Date
Oct 10, 1919
Page
11
Chicago October 93 prospects of stormy weather helped push corn futures higher. Dec 93 closed at 1.23 1/8 to 1.28 3/8, May about 1.21 7/8, with oats up 1/2 to 3/4. Provisions varied in closing.
Prices moved higher at the open as traders discounted the bearish government crop report. Corn advanced on talk of rain or snow ahead and a forthcoming cold wave, with the report largely viewed as already priced in by markets.
George Hay has gone to South Bend to visit his brother Clover. The note appears in a Boston Tran script summary captured in the Goshen Times.
Executors of Morton F Plant estate seek a release of the East Lyme land lease used for a state fish and game preserve. Hartford Oct 9. They propose selling the land in estate settlement. The attorney general advised that the state treasurer may execute the release if in the state’s interest. The land was leased in July 1914 for ten years, with only tax payments by the state on about 4 000 acres.
New York stocks opened strong as yesterday’s steel gains were boosted by Washington hopes for an early labor settlement. Trading shifted to speculative issues like motors, tobaccos, oils, and equipment with gains from substantial to sensational. Tobacco and motors led gains, steels and equipment rallied, and sales reached 1,425,000 shares with total par value around $10.28 million.
William J. O'Brien, president of the Boston Fish Market Corporation, was sentenced to one year in jail and a $500 fine for perjury in a federal lawsuit concerning the disposition of stock shares. He had confessed to making false statements in January about shares held by fish marketing firms and individuals.
The piece lauds General Botha and Jan Smuts for guiding South Africa through postwar loyalty and nationhood, shaping the League of Nations framework and British imperial policy. It notes Botha’s death as a loss to an empire needing wise leadership and highlights their moderation at Paris. It also mentions a Berlin wage report showing large modern increases and reveals the imperial context.
The Admiralty announced that flags plucked from ships in battle will be preserved by framing them and mounting the flags in gullable positions on the ships. The notice specifies careful display to honor the captured standards aboard British vessels.
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