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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 16, 1940
Page
11
Prices drifted after a market upturn as corn slips blamed on good weather and ample receipts. Wheat led gains with September at 75 1/4 and December 76 1/4 while oats rose. futures volume and open interest in Chicago reached about 59.7 million bushels for wheat and 22.1 million for corn.
AP wire data shows eggs at 18 percent current receipts 17. butter at 274 with butterfat 21 23. Poultry prices listed for hens broilers springs roosters geese ducks and turkeys with varying percentages. Hogs priced at 6.25. Grain and corn prices noted, butterfat details for No 126 No 223 edges straight runs 17. Government bonds closing values for Treasury 35s 43-41 aiso 102.14 Treasury 4s 54-44 113 and Treasury 3s 55-51 110.2.
On September 16 New York trading showed careful gains with selected steel, rail, motor and specialty issues rising over a point while overall turnover hovered around 275,100 shares. Strongers hints came from British air battles and hopes of a softer European outlook, with steel mill utilization at a record high since last November. Prominent movers included Bethlehem Steel, New York Central, General Electric, Du Pont, Westinghouse, Dow and many others. cotton rose briefly.
Mr and Mrs Charles Davenport of Lawrence visited at the home of Mrs Mattie Toyne and son Carl for Sunday dinner. Linwood guests included Mrs William Allison Mrs Lydia Allison Mrs Ronen Sullivan Mrs Martha Shapley and Mrs Parlee Anderson. The Ward family from Kansas attended. Mrs Oelschlaeger was buried Thursday at Zonner Springs and several attended. Father Jacobs and Mr Sawarav of Wadsworth visited the Martins. Mr and Mrs CJ Ward and Miss Glenna and Farnest Ward of Kansas were also noted.
Kansas City markets show hogs about 5 000 head with 5 to 10 point declines on some weights, sows lower and stock pigs down. Cattle and calves total around 29,000 with light activity early, bids weak to lower, grass and stocker prices mixed to steady, Missouri fed steers up to 13.00, yearlings around 9.85, stock steer calves up to 11.00, sheep slow with opening bids lower on slaughter lambs but steady asking prices.
Hogs steady to unchanged while beef steers and fat cows lag with declines up to 25 cents. Feeder stockers and certain calves slip, with good to choice native grain feds 10.74 to 12.50 and Kansas grassers around 10.75. Spring lambs and lamb prices ease, Idaho/Oklahoma springers top 8.85, Texas 7.50 to 8.25. receipts listed for cattle 7,000 calves 1,200 hogs 3,500 sheep 6,000.
Wheat gains modestly as 43 cars trade at multiple grades including No. 2 red and dark hard. Corn and oats show mixed, stable bids with No. 2 white and No. 2 yellow ranges. Chicago futures mirror strength in wheat with September and December contracts noted. Soybeans and lard and other fats trade with varied nearby prices, while pork bellies post mixed notes.
Incoming potatoes totaled 210 with 362 on track and 470 U S shipments for the week ending Saturday and Sunday. Idaho Russet Burbanks and Bliss Triumphs lead U S categories with various No 1 and U S 1 price references across Oregon Colorado Minnesota Wisconsin.
Sunday dinner guests included Mr. and Mrs. T. E. Hubbard with Dorothy and Roy. many local residents hosted visitors from Lawrence and Kansas City. Arden Clawson and Phil Day exhibited at Leavenworth county fair with prizes. Pickens school opened September 2 with returning students Joan Dunlap Buddy Jones Therese Dunlap Jetty Henak Barbara Henak Edna Henak Roy Hubbard eighth grade and Mrs Rachel Hoopes teaching.
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