Local Wagon Wheat Prices Set by Elevators
Local grain elevators are paying $1.37 per bushel for No. 1 wheat and wheat. Other four races are purchased on their merits.
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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 04, 1927
Page
4
Local grain elevators are paying $1.37 per bushel for No. 1 wheat and wheat. Other four races are purchased on their merits.
Wholesale butter and egg prices listed by Creamery and Local dealers with butterfat 43¢ per pound. Poultry buying prices show hens leghorns roosters springers ducks and geese with varied per pound rates. Other items include potatoes onions and various produce items with regional price quotes from Cleveland New York and Chicago bureaus.
The market opened softer as rumors of heavy Central Belt rains proved exaggerated while the West stayed dry. The Eastern Belt and Texas show good to moderate crop progress. traders may need fresh stimulus for a further rise. The tone is generally friendly but recommends buying only on solid reactions.
Hog market turns slightly better with 11 500 run, light hogs 5 to 10 cents higher, bulk sold 8.75 to 9.50, top at 9.60. Cattle steady with 700 receipts, beef steers 9.50 to 11, cows 6.75 to 8.75, calves strong to higher. sheep and lambs slow, top fat lambs 16.50, bulk 13 to 16, cull lambs 8 to 10.50.
United Press and regional dispatches show cattle receipts around 2,000 with fed steers and cows uneven but mostly steady, hogs strong in places and lighter in others, sheep and lambs seeing variable demand. Regional totals include Louisville Toledo East Buffalo and East St. Louis with prices detailing weights and loads.
Heavy selling drove sharp declines across grains in Chicago. Wheat, corn, and oats fell 2 to 6 cents amid bearish cash and favorable weather. receipts and demand showed mixed results. futures quoted lower across key contracts as provisions followed the grains downward.
A mixed list of cash grain bids from the Indianapolis area includes No. 2 yellow corn at 93 percent, No. 4 mixed at 87, and various white and yellow corn grades totaling 31 cars inspected. Also listed are Timothy hay prices around 16 to 17 dollars, clover hay around 15 to 16 dollars, and notes on inspections for red and white wheats and other grains. Public notices include a stockholders meeting for Automatic Control Company on June 11, 1927, in Indianapolis to authorize sales. Local classified ads advertise beauty schools, boarding, and automobile sales with contact details.
A broad stock market drop on June 3 sent leading industrials and rails down sharply with Baldwin New York Central Missouri Kansas Texas and Hudson among the notable decliners. After the wave subsided prices steadied but the close remained lower on heavy liquidation and fears of a weak technical position.
Indianapolis and New York financial notices show clearings totaling 147000 and 1 212 million with balances of 115 million in New York. Foreign exchange rates list sterling at 4 85 francs 3 91 lira 5 53 and Belga 19 89 with marks 23 6814 and irregular closing noted.
Miss Julia Murray former assistant cashier at State Bank of Lansing Kansas was found guilty by a jury of planning the bank robbery and hiring men to break into the vault and destroy records. She faces six to sixteen years in prison. The verdict drew cheers from a crowded Leavenworth courtroom.
A list of marriage licenses shows numerous individuals paired in confirmed unions with full names ages and home addresses. Entries include Theodore Koontz 28 and Ellen Longen 23 both of Dawson, and Ellen Longen 23 linked to Koontz. others list spouses, ages, and street addresses across multiple cities and states.
A dense price table lists apples bananas cantaloupes grapefruit lemons and more with varied crates bags and per hundred or per basket pricing. Regions include California Florida Indiana Louisiana Texas and Cuba with crates pony crates and standard sizes, plus detailed vegetable prices for asparagus beets cabbage carrots cauliflower cucumbers eggplant peppers and tomatoes.
Sugar market notes show fragile futures with selling pressure from Europe and a lack of refined-sugar catalysts. Reports hint at larger quarter consumption while investors expect support to cushion further liquidation. Prices of raw sugar futures across several months reflect mixed signals as traders weigh demand and policy influence.
Jacob H. Hilkene announced to the school board that the new Shortridge High School will feature metal door casings instead of wood without extra cost, achieved by trimming other project expenses.
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