Wall Street Opens Mixed as Traders Weigh Profits and Prospects
Morning trading sees profit taking in American Can Independent Oil GK American and Foreign Power while long positions push United Cigar Stores and General Motors to new yearly highs. Studebaker and other issues rise as pools reportedly operate. bears doubt market strength but bulls find support from high commodity prices and favorable lending conditions. Closing is irregular.
MENTIONED IN THIS ARTICLE
New York
American Can
American
Famous Players
United Cigar
General Motors
Studebaker
Bell
Omaha Market Report Hogs Cattle and Sheep Prices
June 22 reports in Omaha show hog receipts around 12 000 with mostly steady to higher bids. Prices list 200 to 300 lb hogs 12.75 to 13.05 and top 18.10, lighter weights 12.50 to 12.75, sows 11.75 to 12.00, with smooth offerings up to 12.40. Cattle receipts 9 300 with good and choice fat cattle steady to 10 cents higher. middleweight loads 11.10 to 11.25, yearlings 11.25 to 11.50, stockers and feeders 6.00 to 7.20, veal top 8.50. Sheep receipts 8 100 lambs slow or around steady. natives 15.00 to 15.50, range lamb bids to 15.85, ewe top 6.59.
MENTIONED IN THIS ARTICLE
Omaha
Dept. of Agric
Bologna
St Joseph Livestock Market Report June 22
Hogs receipts 7,000 steady to higher with top 13.20 and bulk 12.80 to 13.20. Cattle receipts 2,500 generally steady with steers 11.75 to 11.00, cows and heifers 3.25 to 10.60, calves 4.25. Sheep receipts auto 10 steady with lambs 14.25 to 15.75, ewes 5.00 to 6.50.
Chicago Livestock Market Report Prices and Receipts
Chicago stockyard figures show hogs receipts at 49 000 with gains to 10 cents, best 210 pound hogs around 13.25 to 13.40, cattle at 15 000 receipts with beef steers up 10 to 25 cents and yearlings to 11.85, sheep receipts 11 000 with fat lambs and wearers steady to higher and native ewes up to 7.00 for 150 pounds. Official tomorrow estimates list hogs 22 000 cattle 7 000 sheep 12 000.
Chicago Produce and Poultry Prices and Receipts Summary
Market notes show alive unsettled fowls and varied poultry prices across regions. Potatoes receipts and United States shipments are listed with new and old stock movements. Butter and eggs futures rise amid high receipts and mixed grade prices.
New York Market Receipts And Poultry Prices June 22
Market notes show Butter receipts 9 341 with extras 92 score at 42 percent and firsts 88 to 91 score at 40 42 percent. Eyes steady receipts 12 308 with extras 344 36 percent and firsts 32 33 percent. Cheese receipts 104 673 state whole milk flats and fancy grades 22 24 percent with average run 25 14 26 percent. Live Poultry steady with broilers 30 42 and fowls 26 30 for express. Dressed poultry firm with chickens fresh 30 44, frozen 25 42, old roosters 14 20, turkeys frozen 30 46.
MENTIONED IN THIS ARTICLE
New York
Hennery
Thennery
Agricultural Market Reports From Kansas City and St Louis
Kansas City market figures show butter at 46 47 cents per pound and packing at 23. Brees and Unchanged values show firsts 28 and selected 34. Poultry shows hens 21 roosters 11 and broilers 34. Potatoes list Red River and River Ohjor at 1.50 to 1.60. St Louis day lists hens 22 springs 37 turkeys 29 ducks 12 spring ducks 18 geese 18 spring geese 17. Eyes 27 percent butter 44.
MENTIONED IN THIS ARTICLE
Kansas City
Brees
Roosters
Red River River
St. Louis
Horse and Mule Market Prices in East St Louis
East St Louis reports horse prices with drafts at 150 to 200 dollars, eastern chunks 75 to 100 dollars, and southern horses 45 to 75. Mules range from 175 to 225 for 16 to 17 hands, 125 to 200 for 15 to 16.2 hands, and 60 to 100 for 14.2 to 15.2 hands.
MENTIONED IN THIS ARTICLE
East St. Louis
Flour prices and family patents updated in Minneapolis
Minneapolis reports a price update with flour down 5¢, family patents listed at 8.65 and 8.80, and bran priced at 28.00. The note appears in a short market notice dated June 22.
MENTIONED IN THIS ARTICLE
Minneapolis
Wheat falls on rust fears and weak demand in Chicago trade
In Chicago trading on June 22 the wheat market slid as lack of aggressive buying and reports of black rust in spring and northwest regions weighed on futures. July and September contracts declined from opening quotes. corn, oats, and clover followed the general cereal weakness with slower trade and lower closes. The day saw modest buying only after a noticeable drop in the US visible supply.
MENTIONED IN THIS ARTICLE
Chicago
Aberdeen
S. D
Huron
United States
Chicago cash grain prices steady amid mixed bids
Chicago cash grain quotes show wheat at No 1 hard 1.61 to 1.62 and No 2 hard 1.61 to 1.62. Corn prices range from No 2 mixed 1.07 to No 6 yellow 1.03 to 1.08 with various white and yellow grades listed. Lard ribs bellies and seed prices also noted.
MENTIONED IN THIS ARTICLE
Chicago
Grain prices in St Louis cash market
St Louis cash grain report shows wheat prices for No 2 red at 1.81 to 1.84 and No 3 red at 1.73 to 1.75. Corn quotes include No 2 mixed at 1.05, No 3 mixed at 1.04, and No 2 white at 1.05 to 1.06 with other white and yellow varieties noted. Oats prices list No 2 white at 50 and No 1 white at 44 to 49.
MENTIONED IN THIS ARTICLE
ST. Louis
Grain supply shifts show mixed U.S. crop changes
New York June 22 visible supply data detail wheat down 1,787,000 bushels and corn down 700,000. Oats rise 665,000 while rye falls 440,000 and barley declines 50,000 bushels.
MENTIONED IN THIS ARTICLE
New York
Sugar Prices Steady in New York Trading
Raw sugar with Cuban duty paid holds at 4.40 and no sales reported. Refined sugar unchanged at 5.55 to 5.70 for fine granulated. New business limited, activity moderate in early trading.
MENTIONED IN THIS ARTICLE
New York
Omaha Cash Grain Prices Report
Omaha market summary lists wheat No 2 hard 1.48 and 1.63, No 8 hard 1.47 to 1.49, No 2 mixed 1.40. corn No 2 white 98, No 2 yellow 1.00, No 3 mixed 98. oats No 2 white 46, No 3 white 46 46.
MENTIONED IN THIS ARTICLE
Omaha
Liberty Bonds Market Close Report
New York June 22 U S bonds closed with Liberty 3 448 at 101 3 First 4s 102 25 Second 4s 101 16 Third 4s 101 31 Fourth 4s or 1 U S Government 4s 103 24 U S Government 44s 107 17
MENTIONED IN THIS ARTICLE
Liberty
New York
U. S
Grain Prices Plummet Across Varied Forage Mixtures
Agricultural market notes show price listings for hay and alfalfa in St. Louis on June 22. No. 2 timothy, clover mixes, and western alfalfa are priced per unit, with ranges from 15.00 to 28.00.
MENTIONED IN THIS ARTICLE
St. Louis
Toledo Seed Market Prices for Clover and Timothy Seed
Toledo notes seed prices with Clover seed cash 17.00 for Oct 15 75 asked and Dec 15 20. Timothy seed cash 3.70 for Sept 4.10. The brief market listing records commodity prices and dates without additional context.
MENTIONED IN THIS ARTICLE
Toledo
Clover
Timothy &Eed
Russell Family Spends Sunday in Kansas City
Mr and Mrs Fred Russell and family spent Sunday in Kansas City Missouri with time in the city and visits mentioned.
MENTIONED IN THIS ARTICLE
Fred Russell
Kansas City
Coffee futures steady with mixed Rio and Santos notes
In New York on June 22 coffee futures showed Rio No 7 at 21 percent and Santos No 4 at 25 percent. Futura held steady with July 1895 and December 16, 05 dates noted.
MENTIONED IN THIS ARTICLE
New York
Rio
Santos
Futura
Colwell votes to sell municipal electric system to Northeastern Iowa Power
Colwell Iowa residents approve sale of the town electric distribution to Northeastern Iowa Power with only two votes against. The vote tallies and local reactions are noted as officials move to finalize the transfer.
MENTIONED IN THIS ARTICLE
Colwell
Northeastern
Iowa Power Company
Iowa motorcyclists gypsy tour reaches Marshalltown
More than 200 riders from Iowa gathered in Marshalltown Iowa on Sunday for a Riverview park dinner and a program of hill climbing and other events held near the city as part of the annual gypsy tour.
MENTIONED IN THIS ARTICLE
Marshalltown
Iowa
Riverview Park
Wimbledon Opens As Hennessey Beats Vanderveen In Three Sets
Wimbledon, England June 22 John Hennessey of Indianapolis defeated Vanderveen the Dutch star 6 3 4 6 6 1 6 2 in the first important match of the championships which opened today Des Moines June 22 In an effort to curb high caddie fees a new scale was adopted caddies to receive 40 cents for nine holes 75 cents for 18 and five cents per hole thereafter previously some earned a dollar or more
MENTIONED IN THIS ARTICLE
Wimbledon
England
John Hennessey
Indianapolis
Vanderveen
Des Moines
City
Creston
Central Iowa golfers to tee off in tourney prelims
A June 22 report from Ames states about 125 central Iowa golfers were to start the Cen tral Iowa Golf association tournament preliminaries weather permitting. Marshalltown Newton and Webster City are among the represented cities. The finals are set for Wednesday.
MENTIONED IN THIS ARTICLE
Amesia
Central Iowa
Marshalltown
Newton
Webster City
Court actions begin to claim public funds after bank closures
Des Moines court actions to establish claims on almost 800000 dollars in the Commercial Savings bank and Mechanics' bank of Des Moines were started. The state seeks 254055 dollars and argues public funds have priority in liquidation. Commercial Bonding Co and co-defendants are expected to oppose this interpretation.
MENTIONED IN THIS ARTICLE
Des Moines
Commercial Savings Bank and Mechanics’ Bank
US Grain Exports Show Decline From Prior Week
Washington reports last week US grain exports at 2,367,000 bushels, down from 2,734,000 the week before. Wheat rose to 1,506,900 bushels, rye fell to 72,000, oats 165,000, corn 133,000, and barley 491,000. Canadian grain via US ports totaled 1,987,000, North American flour exports 169,000 barrels.
MENTIONED IN THIS ARTICLE
Washington
United States
Commerce Department
Testimony and economic notes on postwar German and European reforms
The report covers testimony on a hospital case with witnesses describing patient care and tensions over visitors, then shifts to economist M. Thomas discussing currency stability and gold parity. He notes dangers of hyperinflation in Austria, Poland, Russia, and Germany, and cites gains in U S European ties and a shift toward normalized global markets. He highlights diminishing African steel and iron output while European production nears U S levels.
MENTIONED IN THIS ARTICLE
Russia
Germany
Poland
Hungary
League of Nations
Austria
Warsaw
Petrograd
Berlin
M. Thomas
Europe
Sweden
Holland
Switzerland
United States
New World
America
Shepherd to testify in murder trial as defense seeks delay
Chicago heard that William D. Shepherd may take the stand as defense witnesses continue. Attorneys said the defendant’s turn would come late today or early Tuesday and noted the publicity necessitates giving the jury his full story.
MENTIONED IN THIS ARTICLE
Mabel McClanahan
McClintock
Billy
Isabelle Pope
Miss McClanahan
Chicago
Evanston
Miss Pope
Mrs. Shepherd
Mr. Shepherd
Stewart
Shepherd
William D. Shepherd
William S. Stewart
Recovery of Europe: Gold Standards and Economic Stabilization
Geneva June 22 Albert Thomas director of the international labor office told delegates from 40 countries at the International Labor conference that 1924 marked the reestablishment of normal economic conditions. He praised the Dawes plan and urged league of nations intervention in Austria’s financial reconstruction noting the crown stabilized after league action. The Austrian recovery served as a model for Europe.
MENTIONED IN THIS ARTICLE
Geneva
Albert Thomas
International Labor Office
International Labor Conference
Dawes
League of Nations
Austria
M. Thomas
Europe
Manion of St. Louis Leads Trans Miss Golf Qualifier
James Manion of St. Louis shot 72 to lead the Trans Miss golf qualifier at Omaha’s field club while others struggled after heavy rain slowed the course. Walter Murray of St. Louis matched Manion with 72, and Craig McKee Des Moines posted 76 amid varied scores from Des Moines, Omaha, Sioux City and Davenport entrants.
MENTIONED IN THIS ARTICLE
Associated Press
Omaha
Neb
James Manion
St. Louis
Omaha Field Club
Craig McKee
Des Moines
C. G. Lieben
Lee Herron
Sioux City
J. D. Swick
Bob McKee
Arthur Bartlett
Ottumwa
Ed Meisenholder
Decker French
Davenport
Walter Murray
St. Loud
Manion
Livestock Shippers Convene Meeting in Benton County
Officers and managers of livestock shipping associations from about 20 counties gathered in Benton County on May 26 and 27 to study problems and coordinate business methods. The aim was to improve efficiency by addressing issues too large for individual groups.
MENTIONED IN THIS ARTICLE
Benton County
State shippers group discusses transit costs and growth
The article notes talks by the manager of the state shippers association and a major cooperative commission company representative in Chicago. They addressed shrinking profits, rising transit costs, and losses while outlining efforts to evolve business practices to handle higher volumes.
MENTIONED IN THIS ARTICLE
State Shippers’ Association
Co-Operative Commission
Chicago
Iowa Power to Take Over Adel Light and Power
Des Moines June 22 The Iowa Power and Light company a subsidiary of the Des Moines Electric Light company will take over the Adel Light and Power company An agreement practically consummated would give Iowa Power and Light control of central Iowa electric sales The purchase price was not announced
MENTIONED IN THIS ARTICLE
Associated Press
Des Moines
Iowa Power and Light Company of
Des Moines ‘Electric Light Company
Adel Light and Power Company
Adel Company
Iowa Power and Light Company
Iowa
Negro Held After Keokuk Car Crash Near Cedar Rapids
The intoxicated unlicensed driver Tom Sutton is jailed by Sheriff Hart after his car collided with C. A. Bolster’s coupe on a county road north of Keokuk. Bolster suffered a broken wrist and Mrs. Bolster was bruised in the crash. Police planned to file charges later today.
MENTIONED IN THIS ARTICLE
Associated Press
Keokuk
C. A. Boyter
Cedar Rapids
Hart
Tom Sutton
Bolster
Mrs. Bolster
Heavy Rains Flood Low lands Southern Minnesota
Heavy rains and hail drenched southern Minnesota with floods in lowlands. Redwood Falls logged two inches of rain while the Minnesota River at Mankato rose to 10.8 feet. A severe hailstorm at Chatfield ruined crops, and rain caused a two hour passenger train delay between Franklyn and Morton.
MENTIONED IN THIS ARTICLE
Associated Press
St. Paul
Minnesota
Redwood ‘Falls
Minneapolis and St. Louis
Franklyn and
Morton
Mankato
Chatfield
Bond Forfeited In Embezzlement Case Of Worthington
A $5 000 bond for John C Worthington known as The wolf of LaSalle street was forfeited here today. Worthington convicted of embezzlement and released on bond pending appeal recently decamped from a sanitarium in Los Angeles and is said to be in a dying condition from paralysis and diabetes in Punta Banda Lower California.
MENTIONED IN THIS ARTICLE
John C. Worthington
LaSalle Street
Punta Banda
Calif Va
Worthington
Los Angeles
Chicago and Northwestern directors may retire at meeting
The Chicago Daily News reports that Marvin Hughitt Sr veteran chairman of the Chicago and Northwestern Railway may retire at a directors meeting to be held tomorrow in New York. His son Marvin Hughitt Jr a vice president is also mentioned in connection with the potential changes.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Daly News Today
Marvin Hughitt
Chicago and Northwestern Railway
Lindis
Marvin
New York City
Aragon Couple Visits Aunt in 608 West Adams
Mr. and Mrs. Herman Aragon of Denver arrived Saturday to visit Mrs. Aragon's aunt Mrs. N. L. McBrien and family at 608 West Adams Street.
MENTIONED IN THIS ARTICLE
Herman Aragon
Denver
Also Mentioned on This Page
Iser’s
Wall Street
Une
Barone
ASM
Cash Market Report
Chicago Livestock
U. & Dept. of Agric
Oklahoma-Arkansas
North Carolina Barre
Virginia
Wisconsin-Michigan
Board of Trade
Timothy
The
Shenandoah
A. S. Reaibey
Galesburg
Dayton
Thomas Dane
Montgomery County Humane Society
Dane
Humane Society
Ila
Iowa Christian Endeavor Convention
Cedar Falls
Frank E. Pirkel
Bunny Baseball Club
Farmers’ Insurance Company
Muscatine
Elijah Blankenship
Kan
Blankenship
W. A. Durrette
Northwestern Ready Roofing CO
Faiman
White
National Association of Hospitals
Adel