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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Feb 26, 1920
Page
6
Chicago and Kansas City markets show corn pausing after early gains as traders weigh the financial strain and export prospects. Wheat futures jump on Kansas crop damage signals and supportive grain prices follow with a firm close.
From Peoria WL and Omaha Neb dated Feb 26 1920 corn prices held steady with slight gains for No 3 yellow and No 2 white while oats and eggs showed mixed moves. Wheat and barrel goods held firm with cheese and poultry markets noting irregularities and steady receipts across the Midwest markets.
In Chicago yards on February 26, hog receipts reach 23 000 with prices mostly 25 cents higher. top at 165.00, heavy and packing sows mixed. Cattle receipts near 9 900 with firm values across weights. veal calves and feeder steers shown, and sheep receipts around 14 000 with lambs and ewes varying by weight and grade. Omaha totals show hogs 11 000 with top 14.00 and cattle 3 300 steady. veal calves and stocker steers noted amid mixed market signals.
Kansas City and Sioux City market notes show Feb 26 and Feb 28 figures for hogs cattle and sheep. Hog receipts about 7,000 in KC with varied price ranges and sow values. cattle receipts around 3,000 with steers cows and calves. sheep around 3,000 with lambs and feeders. Sioux City reports similar hog and cattle activity with prices for beef steers cows and feeders and steady sheep receipts.
New York stocks opened with heavy trading and a 1 40 rise as copper and related shares reacted to yesterday's dividend cuts. Gains in General Motors and several industrials followed a weak start, but money rates spiked to 10 percent, trimming early advances. the market recovered into a strong close.
Mercury and bond prices show varied levels with government and rail bonds weak and lead articles noting mercantile paper at about 64 percent. Capital calls and time loans are described as strong while foreign exchange rates and bank acceptances indicate overall tight liquidity. A large Waterloo sale of $5,000 to Marry Rabiner is reported alongside cotton futures values for March May July October and January.
In Baltimore physicians told James Woodburn, former Sixth machine gun battalion, Second division, that he cannot live beyond three years without a long lung operation. He will travel to Washington for a sheep lung transplant. if successful, he hopes to live ten years or more and qualify for a navy pension. Woodburn, once blinded by gas in France, later recovered sight and rejoined the Navy as chief pharmacist’s mate after earning the Croix de Guerre.
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