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Newspaper
Kansas City Star
Location
Kansas City, Missouri, United States of America
Date
May 31, 1908
Page
29
Big weekly grain movements in Chicago and Kansas City lift and trim prices as farmers hold grain for future crops. Wheat prices rise on May delivery with Armour's position unclear while oats remain stubbornly held. analysts cite weather and shipping delays as factors shaping cash markets and futures.
Rains persisted last week across eastern Kansas, eastern Nebraska, Iowa, Missouri, and Oklahoma causing local floods and farm delays, while western areas stayed dry. Spring wheat areas reported fair to good rains, Northwest enjoys ideal wheat weather, and soft winter wheat remains promising despite some yellowing from moisture. Kansas projects at least a million bushels though Flessian fly damage adds uncertainty. corn planting slowed by rain east of the Mississippi River. An unrelated item notes a humorous exchange about election figures.
A week of frequent ups and downs yields little net change as bear activity grows. Harriman interests are rumored to have sold large Gould holdings while others anticipate support until new financing. Industrial demand shows improvement in iron steel wool and cotton amid mixed railroad earnings.
The page lists numerous stock symbols and figures across industries with varied gains and losses. Major names include Southern Ry Texas & Pacific U S Steel and Western Union amid fluctuating percentages, with several entries showing modest improvements.
Wall Street Journal analysis finds 314000 stockholders across 33 rail and industrial firms, up from nine months ago by about 75000. The group covers roughly one third of NYSE capital stock, suggesting about one million stockholders in Wall Street firms, an increase of about 225000 in under a year.
William A. Baumert who modeled for the McKinley statue visited Columbus for the first time to view the completed memorial. He spent hours posing in the President's garments as sculptor MacNeil refined the likeness over eleven months.
An insect of minute size damages wheat by the flaxseed stage around the stem choking sap flow. Hessian flies cluster in western Kansas and parts of the Northwest, with Sumner County facing about 40 percent crop loss. Early planted wheat suffers most, and burning stubble after harvest can reduce pest numbers.
A New York Globe piece describes affordable seaside summer living in tiny beach bungalows within fifty miles of Manhattan. One example notes a two sisters and a young architect built a hut for under 300 dollars with a brick chimney and open front, touting outdoor life and simple comforts. Also covered is Bullock's LA display of a 43 inch by 60 inch Merry Widow hat for Adele Farrington, designed by Mrs Mann and made by Miss Holton for the Belasco production Before and After.
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