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Newspaper
Creston Daily Advertiser
Location
Creston, Iowa, United States of America
Date
Jun 16, 1924
Page
2
Chicago on June 16 saw wheat prices rise to new seasonal highs with futures for July and September advancing amid heavy profit taking and strong buying. Corn and oats followed the uptrend as high Texas temperatures and LiverpooI market strength fueled gains. provisions rose with grain strength overall.
Stock market edged higher as oil shares led advances despite bear operators attempting to trigger a broad reaction. Oil production hopes and favorable weather spurred buying while several issues moved up and others fluctuated in a cautious session.
Chicago livestock markets report June 16 show hogs receipts 54 000 mostly steady with some weakness on lower grades. Cattle receipts 26 400 with limited movement and slow bidding. Sheep receipts 21 000 very slow with fat lambs slightly cheaper. USDA forecast tomorrow livestock receipts hogs 282 000 cattle 10 000 sheep 7 000.
Omaha, Nebr June 16 U S Dept of Agric hogs receipts around 18000 with prices 6.60 to 6.96 for 220 825 lb stock. cattle slower with top steers around 10.50 and feeding cattle steady to weak. Sheep receipts 11000 slow with fat lambs around 50 cents over, natives 15.00 to 15.25, ewes 4.86 to 6.25. Poultry and produce notes from Chicago and Kansas City with eggs, butter, and potatoes changing little.
Minneapolis reports flour unchanged with buy and sell quotes around 6.90 to 7.40 for family patent varieties. Other lines mention miscellaneous items and prices for birds and groceries, indicating a broad daily price listing.
Kansas City area livestock receipts total 18 500 head including cattle calves hogs and sheep Cattle mainly steady with prices for fed steers and yearlings unevenly lower Beef sows and bulls steady Calves and stockers steady Hog prices mostly steady with tops around 7 00 per cwt Sheep and lambs show gains with best natives near 15 00 and Texas wethers around 7 85 per cwt
St Joseph market notes June 16 hogs receipts 6,000 opening steady top 7.50 bulk 6.70 to 7.00 cattle receipts 2,800 slow to 25 cents lower early steers 9 50 to 10 25 cows and heifers 5.75 to 9.00 calves 4.50 to 9.00 stockers and feeders hogs 8 25 sheep receipts 14,400 slow lambs 15.00 to 16.00 clipped ewes.
Wheat July 1.144, Sept 1.15 percent. Corn July 82 percent, Sept 81 percent, Dec 75 percent. Oats July 46 percent, Sept 42 percent. Lard July 10.70, Sept 10.95, Dec 11.67. Ribs July 9.97, Sept 10.00.
Fort St. Louis June 16 horses good to choice draft SILYH 275, good eastern chunks 75 100, chelice southern horses 60 90. Mules 16 to 17 hands 1754 240, 15 to 16.2 hands 1720 225, 14 to 15 hands 25 65.
Cotton futures opened quiet with July 28.25 and October 24.85 and December 24.62, with bids for January and March at 24.57. They closed steady with July 28.81 and October 25.98 and December 25.20, while spot middling cotton held at 29.75.
Rio No. 7 coffee steadies at 14 percent quality. Santoa No. 4 at 18 percent. futures hold firm with July at 13.60 and December at 12.50.
President Seerley of the State Teachers College and Senator Thomas of Creston spoke to about 400 students and faculty in Osceola. They and faculty joined a luncheon at the M K church, delivering brief addresses that inspired local teachers and citizens.
Raw sugar advanced to 5.15 duty paid, with refined sugar unchanged at 6.30 to 6.65 for fine granulated, in New York trading on June 16.
U S Bonds closed with Liberty 3s at 101.10 Fiat 4s 102.5 Second 414s 101.8 Third 414s 102 Fourth 44s 102.7 LA and Government 44 at 105.2 all noted from New York June 16 indicating current pricing and market activity for Liberty bonds and related U S issues.
Rumors noted but no major property damage reported after a storm Saturday. Union county saw heavy rain in the north townships with a strong wind that felled a silo at the Pearl Applegate farm in Dodge township and toppled tree limbs in Creston. Several rural trees were uprooted according to reports.
A Lenox resident was arrested Sunday night for speeding on New York avenue. He chose to pay the fine without appearing in mayor's court today, settling the last driving cost at 17.85 dollars.
A large crowd heard the band Sunday afternoon with announcements of next Sunday’s program. Elinor Basham, praised for two summer appearances, will sing with a pure clear soprano and open a Creston studio for singing. Busoni is reported sick and destitute as European musicians face postwar hardship. Richard Agnew returns after a Knox College year and is named pianist for the Knox College Glee Club. The merry-go-round organ at band concerts draws complaints at parks. The Swift and Company male chorus offers a $100 prize for a Shakespeare or Longfellow musical setting. Lindsborg’s Messiah Festival celebrates 127 performances yearly. Creston Choral Club plans a July 7 picnic at McKinley Park and rehearsals continue for next season’s world-class choir. The Orient band opened its Saturday concerts season last week.
William Spellman of Orient visited Creston on Saturday. Mr. and Mrs. B. Elliott and son John traveled to Des Moines to visit friends. E N Dougherty left for Mason City to attend the Iowa Bankers Association. Mr. and Mrs. L J Nickle went to Des Moines for family visits while Mr. Nickle attends a farm bureau conference in Ames.
Mr and Mrs Chas Wurster of Lenox announce the birth of a daughter at home on June 13 Mrs Wurster known locally as Ida Strey Creston residents Mr and Mrs Thomas L Dougherty announce the birth of a son at the Greater Community hospital at 2 o'clock Sunday morning
Tommy Collier twentyone and Anna Osborn eighteen, both of Shannon City, obtained a marriage license. Miss Helen Ball travels to Chicago for summer school at the University. Mr. and Mrs. C. J. Lindahl and daughter depart for Lincoln Nebraska for a two week visit. Cyrena Scott of 811 West Mills Street has recovered enough from treatment at Greater Community Hospital to return home.
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