INDUSTRIALS ADVANCE RAILS CONTINUE HEAVY
New York Stock Exchange reports heavy industrials advance amid merger revisions for Cleveland Van Sweringen interests and Erie railroad objections. Ammonia fumes during a stock exchange cooling leak did not disrupt trading. Several railroads seek new bond authorizations while market activity remains buoyant amid mixed results across sectors.
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Chicago Grain Markets Pressed by Heat and Argentine Trade
Hot weather across the Midwest pressured corn and other grains with selling momentum. Prices slipped as Argentine corn sales and strong spring wheat yield estimates influenced futures while cash grain values narrowed, led by weakness in oats and corn with mixed moves in wheat and provisions.
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Camel Bones Found In Kansas Lake Bed
Lawrence Kans Aug 20 Halft a ton of fossil bones new for the University of Kansas museu discovered in Sherman county by H T Martin curator and Curtis Hesee. They spent four weeks this summer near Gond land Kans shoveling over 100 tons of sand to uncover remains. Parts of at least fifteen species of mammals were found including three camel species one giraffe sized and another as small as a sheep, two rhinoceros, three species of three-toed horse, dog, cat, peccary, deer and mastodons. The fossils lay in a former lake bed about 300 feet square, several feet underground, requiring a plow and scraper to reach.
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