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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 04, 1940
Page
8
Market news from Chicago and Kansas City details slight declines in wheat futures and mixed changes in corn oats and futures volumes. It notes large receipts at principal markets, hedging by commercial interests, and activity in hogs cattle and sheep with price shifts and closing figures.
Prices for wheat corn oats and soybeans move in Chicago with May July and Sept futures quoted, while Kansas City lists alfalfa hay grades and prairie hay values. Declines and gains shown across multiple grades reflect monthly shifts and regional demand.
Chicago market notes tramp potatoes on track for 346 total U S shipments with Idaho Russet Burbanks priced U S No 1 at 1 90 to 2 10 per cwt and U S No 2 at 1 45 Nebraska Bliss Triumphs and Colorado Red McClures appear with various U S No 1 and No 11 captions Prices for butterfat eggs poultry hogs and grain appear across Kansas City and regional markets with figures for hens roosters and broilers and government bond closes in New York and Treasury notes listed.
New York stocks drifted in narrow territory on March 4 as traders held small commitments. Seaboard Airline led activity with about 10 000 share blocks, advancing to 37 1 2 cents in the forenoon. A steel mill production drop of 1.3 points to 64.6 percent capacity did not derail the session as many issues closed near Saturday levels.
Stocks led by U S Steel Bethlehem Douglas Boeing American Telephone and others advance most of the day while Bulova Watch directors approve an extra dividend and bonds hold steady. Cotton prices rise 25 to 40 cents per bale.
Ratner argues a constitutional amendment to adopt a merit system would reward trained capable workers and remove reliance on political influence. The plan would require hiring on ability, allow dismissal for unfitting, reduce training costs, improve service, and curb bossism, aiming for safe, efficient government in Kansas.
Members of the first fifth and northeast districts of the Kansas Dental Association plan a banquet in Lawrence on March 1 to honor the centennial of the United States first dental school. The centenary dinner will be at 7 o'clock in the Crystal room of the Hotel Eldridge, announced today. The event is organized by the First District Society led by Dr. H. J. Wertzberger of Alma.
President Roosevelt attended a March 4 service at St John’s Episcopal Church near the White House for the seventh anniversary of his first inauguration. He heard a Micah reading about beating swords into plowshares and learned war no more. Mrs. Roosevelt and his mother were present as Cabinet members and lawmakers attended a brief, hymn and prayer filled service.
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