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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Aug 05, 1929
Page
18
Sioux City and Chicago livestock markets report mixed cattle and hog prices with steady to lower trends. Beef steers and yearlings largely hold, hogs mostly steady with some declines, sows weaker, and sheep trading sluggish amid broad regional price movements.
Rains in Canada dominated this trading day pulling Minneapolis wheat futures lower after a near open, with September dropping about 4 in early trade and finishing well below the prior close. Cash wheat moved slowly with firm prices for select quality, while oats and barley showed subdued demand and steady to lower quotes across futures and cash markets.
Market notes from Duluth and Minneapolis on August 6 and 5 show bid asks for flax wheat durum and durum varieties, with price ranges and futures quotes. Flax and wheat futures drift, while Minneapolis flour shipments and carton lot prices are noted alongside cotton and bran figures.
A compiled list of closing quotations for numerous stocks and bonds appears, including Am Can, Chrysler, General Electric, General Motors, U S Steel, Pennsyl, Pan Am, and many others with percent or decimal indicators showing daily changes and prices. The data mix includes oil, steel, auto, chemical, and utility names, plus railroads and mining firms, reflecting a broad market snapshot.
Samuel McKelvie returning from Washington warns stopping grain dumping is the key issue for aiding wheat producers. He notes farmers lose about 10 cents a bushel at terminal markets and urges correct use of available facilities and a focus on the most important crops. He attributes the current rush to price expectations and last year's slump.
Nine B 17 bombers depart Langley Field with Major Kneer in command heading to San Diego. About 40 pilots observers and noncombatants fly in formation for a coast to coast rapid transport demonstration. Stops planned at Scott Field and Albuquerque with 86 9 hours for the 3000 mile journey. Three days in San Diego then return. Governor Bulow’s grandchild born Sunday daughter of Mrs Ray Kenaston of Sioux City.
The speed boat known as Over ie Tap, reputed to be the fastest rum craft on Erie waters, was captured off Erie, Pennsylvania by U S Coast Guard. Two aboard dumped overboard 200 cases of beer and 65 cases of whiskey as the patrol approached. Authorities say customs patrols have increased with the largest number of men ever in service in the area.
In Columbus Ohio the Snook trial for Theora Wix death sees both sides using expert testimony. State chemist C P Long testifies about blood evidence and a stimulant in the girl’s stomach while defense seeks to suppress admissions as coerced.
Cairo reports a long negotiated agreement between Egypt and Great Britain on relations between the countries. Premier Mohamed Pasha Mahmoud announced that the settlement rests on friendly mutual understanding, with full details to be published in due course. The Egyptian government has long operated without a functioning parliament.
Inmates at Spadra State narcotic hospital near Los Angeles sparked a riot at midnight, smashing doors and bars with improvised rams. Authorities used tear gas and shotguns to quell the disturbance, arresting three alleged ringleaders, Charles Rivers aged 42, William Graham 45, and Bobby Hulls 39, without injuries reported.
A Parkston bank robbery case ends with a suspect identified as Found Peek Reuseher taken into custody after a shootout in the southern region. He and another robber allegedly fled with over $4,700 in currency from a restaurant where the plan to fleece the treasurer's office was discussed. Authorities say the pair targeted local funds and that the case will proceed with further arrests as they pursue Roberts, a longtime associate, who is said to be difficult to capture. Georgia Tech facing key game removal details appear in a separate note.
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