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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 17, 1924
Page
6
Chicago traders reported a firm upturn as millers and exporters stepped in to buy. Wheat prices climbed to new seasonal highs with May advancing to about 1.70 and July near 1.47. Rye also rose. corn lagged on weaker domestic output while oats edged higher and added pork and cattle movements showed strength.
Heavy selling from speculative sources absorbed quickly as markets regained vigor on short covering and weak operations. Buy ing of hard coal carrying railroad shares dominated the day with many at multi year highs. volume near 1,850,000 shares. Chicago Livestock reports hogs 40,000 head, uneven. cattle steady to higher. sheep dull with some price softness. Kansas City notes cattle 6, ...
Kansas City market notes price moves for hay and alfalfa with receipts totaling 55 cars. Prices rise for Timothy No 1 to 17.00 and alfalfa choices to 25.00, while standard grades ease for No 2 and No 3. Clover mixed shows light No 1 at 15.50 and No 2 at 14.00.
Kansas City Wheat receipts show little change with prices ranging by grade from 1.59 to 1.79 per bushel for various dark and red wheats. Corn remains steady to slightly lower with White, Yellow and Mixed varieties cited between 1.18 and 1.20. Oats ease about four cents, rye and barley listed, milo value noted.
Chicago and Kansas City market report shows wheat trading around 1.66 to 1.70 per bushel for December to July contracts, corn near 1.23 to 1.28, oats around 58 to 64, rye about 1.34 to 1.49, and fats and rib futures listed. Kansas City wheat and corn quotations appear with bids and asks for December through July contracts, reflecting market volatility.
Government bonds in New York on December 17 reported closing prices for Liberty bonds and U.S. 4 1/4s. First 4 1/4s quoted at 101.23, second 4 1/4s at 100.27, third 4 1/4s at 101.10, fourth 4 1/4s at 101.29, 3 1/4s at 100.30, and U.S. 4 1/2s at 105.50.
New York Dec 17 The executive council of the American Federation of Labor will meet here Friday to choose a successor to Samuel Gompers. The meeting aims to select the next leader as He guides the federation's policy and plans for future labor actions.
Washington notes that the Interstate Commerce Commission urges completing physical valuations within two weeks, with Coolidge likely to support. Senators say the president views this as vital to basing rate making and recapture tax collections, and for_next fiscal year funding. A proposed additional 270000 is needed, with 1778000 more in the following year, and Cummins asked Budget Director Lord to review the allotments.
Prof L N Flint head of journalism at University of Kansas will address tomorrow evening at the Advertising Club of Kansas City Mo This is the third in a series of lectures by University professors for the club The first was by Flint the second by Prof W Av Dill
A 1924 piece by C. E. Wry traces the decline of cravat pins over twenty years, noting bright scarf patterns reduce appeal. It advises minimal, jeweled pins only on solid or dark backgrounds, recommends re mounting heirlooms, and warns against pins with knicker or sports wear.
Mr vonn Alexander, aged 63, died suddenly while husking corn near Washington Creek. He had worked for SImons for five years and was found near his wagon by Wendell Simons. Burial was in Lawrence. Also reported: Washington Creek Ladies Aid bazaar attendance, HasKell Institute program, L H Griffith visiting California, schools planning Christmas programs, Sunday school attendance 73 with $2.97 offerings, church council meeting, illness notes on Clyde and Raymond Hoover, local visits among Kingery Metsker and Sawyer families.
Sunday visits featured Mr and Mrs A M Postma with Oscar Markley as Mrs Postma’s brother. J C Postma improves after illness at his brother Will’s home as neighbors stop by. Friday Greek Sunday school class held a meeting with Gladys Brubaker present. Ruth Hoover of Overbrook visited Naomi Behrens over the weekend. A box supper and program took place at Barker school on December 19. Taxicab drivers in Kansas City form a union. Rambler bicycles mentioned.
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