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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 02, 1920
Page
11
The New York early trading shows heavy selling in speculative issues while major averages drift. rails and standard industrials hold steady as copper, rubber, Coca Cola and several foods anchor the market. Closing notes cite soft provisions and mixed commodity activity with cotton futures and grain prices fluctuating as traders await tighter money conditions.
Market reports from Pittsburg Cleveland Toledo Kansas City and Chicago detail cattle hogs and sheep prices steady to higher. Highlights include hogs at 14.50 to 16.15 in Pittsburg heavy Yorks and 13.00 to 16.50 calves up to 16.50 cattle steady to higher in Cleveland and Kansas City with sheeps and lambs varying by grade. Prices for poultry potatoes and seeds also noted in Cleveland and Toledo listings.
Spion Kop leads a London victory in the classic Epson Downs derby. Captain G. Loder's horse dominates the race amid a crowded national program.
Prices in Chicago and Cincinnati show varied movements across hogs cattle and sheep with mixed gains and declines. Hogs steady to 25 cents lower heavy to 18 cents higher top hog price around 24.85 calves vealers and feeders strong while sheep quality mostly poor with good lambs around 15.25 and 24.85 bulk values cited by traders.
The market shows cattle and sheep values with ranges for grades. Steers and cows vary from good to choice to common, with quotes around 31.80 to 7.50, while calves, cattle, heifers, and sheep display fluctuating bids and prices including lambs and bucks, reflecting steady to strong demand in place.
East Buffalo New York June 2 cattle sale reported light demand with steady to uneven quotes. Calves 6 16.25 rabbits? Pigs steady to lower with heavy hogs around 15.25 to 16.50. Sheep and lambs unchanged around 1600 head in the yard as buyers held firm.
In June 2 filing, most tenants of the Wiggins block 8 office building submit affidavits to the board of tax revision asking that the valuation be raised to reflect the sharp rise in monthly rents.
June 2 report notes an artificial gas price ordinance drawing attention in Ashtabula. Vague text indicates proposed controls or measures but lacks clarity on specifics or official actions.
A proposal by the Aubts buls Gas Company offering a guaranteed 8.54 cent rate of return on a ten year investment for a 30 A LGS per 1000 cubic feet was rejected by the council four to two last night, amid debate on utility financing.
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