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Newspaper
Creston Daily Advertiser
Location
Creston, Iowa, United States of America
Date
Aug 01, 1925
Page
2
Aug 1 New York movement in stock prices renewed in a brief session with uneven advances. Demand for stocks was good and motors attracted support as Mack Trucks rose over 2 points from yesterday. Transcontinental led the buying surge in the oil group while total volume neared 550000 shares.
Chicago cash grain reports list No 7 red wheat at 1.59 1 57 percent. No 2 corn mixed at 1.05 143. No 2 white oats and other futures quality figures. barley timothy and rye figures noted. market bids include rib bellies and hog cuts prices.
Hoer-Receipts 3 000 steady to 11 o lower. Cattle receipts 100 steady. Bulk steers week 14 00 top 14.96. Cows and heifers 300 12.50 olives 5 0010.00 stocker and feeders 5.00 950. Sheep receipts 1 000 steady lambs 14.50 15.25 ewes 7.00 800.
East St. Louis auction catalog lists horses from good to choice draft at 150 to 175 dollars and good eastern chunks at 75 to 100 dollars. Southern horses range 45 to 75 dollars. Mules 16 to 17 hands 175 to 225 dollars, 16 to 162 hands 125 to 190 dollars, and 142 to 182 hands 60 to 10 dollars.
St Louis cash grain prices list wheat and corn for futures style delivery. No 2 red wheat quoted around 1.62 to 1.65, No 2 white corn around 1.04 to 1.08 with various white and yellow corn grades also shown.
Wheat and corn prices listed for futures by grade including No 1 hard 1.56 to 1.61 No 2 hard 1.53 to 1.58 No 3 hard 1. BA Corn prices No 1 white 99 No 2 yellow 1.02 No 2 mixed 91 Oats No 2 white 38 9 14 to 40 No 3 white 38% 329.
Liberty bonds closed with 3s at 100.25 and 101.29 for First 4s 145, Second 4s at 100.27, Third 4s at 101.14, Fourth 4s at 102.4. Treasury 4s quoted at 102.30 and 1944 44s at 106.12.
The report records temperatures from 81 to 86 degrees with low readings from 48 to 61. Rain is listed as none in most readings, with one entry showing 7 minutes of rain and another indicating 62 as a reading.
Chicago hogs cattle and sheep trade at mixed results with Friday averages. hogs mostly steady to 10 cents lower, heavy weight hogs and packing hogs quoted between 11.65 and 14.25, porkers up to 15.80 for certain weights. Cattle receipts around 1,000 with grain fed steers 25 to 50 cents higher, top steer price about 15.25, fat cows and heifers up to 50 cents, sheep receipts around 8,000 with fat lambs 25 to 50 cents higher and top near 15.75 to 16.00. Unofficial Monday receipts estimated hogs 40,000 cattle 18,000 sheep 165,000. Next week hogs forecast about 125,000.
Chicago reports live poultry prices with fowls at 14 24 percent, broilers 20 25, springs 27, and turkeys 20. Butter and eggs markets mixed with State and New York receipts listed. Kansas City and St Louis show hens and turkeys pricing alongside potato receipts and assorted market directions.
The report shows unchanged hay and forage prices on August first with tiered grades. Timothys, clover mixes, alfalfa, and prairie prices are listed for No 2 timothy No 2 light clover mixed No 2 heavy clover mixed choice western alfalfa No 1 timothy No 2 prairie and clover mixed light in St Louis and Kansas City markets.
Toledo seed market reports cash and contract bids for clover, timothy, and Alsike seeds. Prices show cash and future bids for Clover, Timothy seed, and Wheat No. 2 counterparts alongside dated contract options.
New York August 1 reports actual condition of clearing house banks and trust companies. Excess reserve for the week stands at 5,046,970 dollars, a decrease of 56,798,210 dollars from last week when excess reserves were 61,845,180 dollars.
Flour in Minneapolis opened 10 cents lower at 8.70 to 8.80 a barrel. In Davenport, Ira Hartwig, sought for alleged Mann Act violation for six years, was brought back from Chicago and placed in jail.
Chicago Board of Trade reports speculative buying lifting wheat prices with signs of tight US milling supply, bullish Canadian crop notes, and continued rains in Europe. September and December contracts advance, corn and oats move with wheat, while provisions stay weak amid cautious activity.
The Omaha market shows hog receipts at 6000 with most prices steady to up 10 cents. 200 to 300 pound butchers avg 138.20 to 138.50 with top 138.50 and desirable 140 to 200 pound selections 13.10 to 13.35. Cattle receipts 250 with mixed changes. good to choice fed steers and yearlings up 25 to 35 cents, others uneven. grass cows 2.65 to 5.25, fed heifers 12.50, stockers 6.00 to 8.35. Sheep receipts 50 with fat lambs 25 to 50 cents higher and ewes 50 to 75 cents lower. feeder lambs 15 to 25 cents higher.
The list shows per acre land value changes in numerous counties and cities as the Iowa League of Municipalities weighs actions against a proposed tax assessment increase. F. G. Pierce reports at Marshalltown that city leaders from larger Iowa towns discuss possible opposition to higher real estate and personal property taxes.
A roundup of reads notes from Des Moines Cedar Rapids Ames Fort Dodge and other towns reports memorial services for Bryan set for Sunday in the area. Several local officials clap eulogies and synod decisions mark religious meetings across Iowa. An electrocution death of Donald Metcalf at Coe College is also reported along with other scattered incidents.
A campaign in Emmetsburg has been completed to raise one hundred thousand dollars for a new hotel. Work will start at once.
Reports from Guthrie Center and Keokuk detail court rulings and criminal raids. District court denied preference claims against Menlo State Bank. Oak Park and Southwest Des Moines leagues threaten phone service cuts over rate hikes. Wyoming appeals in Teapot Dome case authorized. Keokuk officers seize two stills and cash. one still tied to a prior theft. Mayors Neal Daugherty of Hamilton faces arraignment for liquor possession. Amos Allison jailed 60 days for driving while intoxicated and license revoked. New York announces radio interference elimination device.
Miss Mildred Lilley has accepted a position at the Crest theater.
Arlington National Cemetery bears a simple wooden grave marker for William Jennings Bryan among eroded blossoms. The article notes the hill of white headstones, the orderly care surrounding his burial, and mentions friends departing. Mrs. Bryan and her son William Jennings Bryan Jr. may travel to Florida. Memorial services are planned in Des Moines churches the following day.
The July weather exit brings heavy rains and floods across regions. Detroit reports the heaviest rainfall in years with damages estimated between 500000 and 1000000 dollars and widespread disruptions to industry and city infrastructure. In El Paso the Rio Grande flood reached the area with dike crews reinforced and farmland inundated.
Des Moines and surrounding farm groups prepare to act against a western railroads freight rate request. The executive committee of the wall-farm-organization conference meets Monday to consider the issue with broad corn belt representation. President Charles E Hearst of the Iowa Farm Bureau federation received the official call and notes the topic as a key agenda item.
The steamers Peary and Bowdoin of the MacMillan Arctic expedition have fought their way free of ice in Melville Bay and expect to reach Etah Greenland their main base today. Lieutenant Commander Byrd said planes will be hoisted overboard as soon as Peary reaches Etah and work will continue to make up time lost in ice.
Waterloo August 1 Mrs D Waterman Davenport and Mrs A C Clapp Harlan were the finalists in the women s state golf tournament at Sunnyside country club with an 2 p m start in the 18 hole championship match a large gallery watched and junior flights finals held this morning with several close results led by Mrs Waterman two up at the sixth hole
Reports from Des Moines indicate rising land values across Iowa. An Oakaloosa 160 acre farm sold for 40 000 cash or 250 an acre, while 80 and 120 acre parcels near Alla and Walnut brought 225 an acre. A Pocahontas county sale fetched 250 an acre, and Oska loosa area sales ranged around 180 to 200 an acre. Five quarter sections near Ireton rented three years at 4500 annually, with some county rentals at 14 an acre for next year.
Army pursuit squadron pilots testing lighted airways say beacons aid navigation more than daytime map reading. Maj. T G Lanphier commanded the flight from Chicago toward Selfridge field Mount Clemens Michigan en route to the Pacific coast and back. A capitalized corporate group plans a New York to Chicago air express service to be run by Col. Paul Henderson whose resignation from the assistant postmaster generalship took effect today.
Mr and Mrs James Finn and family of Oklahoma City have arrived in Creston from Lenox area and will stay through Monday visiting relatives and friends before returning home in their car.
Bob Meusel slugged his 22nd homer of the season in the first inning against Cleveland as Babe Ruth scored on a single. Dick Cox hit a homer for the Dodgers in Chicago series opener. Pompey Fairbrother up won the United Hotel Stakes at Saratoga for two year olds in 1 16 3 5.
Tokio reports that despite nineteen dailies and many more papers, Japan faces slow wires for news. Newspapers rely on trained carrier pigeons sent by train to bring quick copies back to editorial rooms.
Tom Spoto, linked to the murder of Angelo Ressetto, was arrested in Buffalo and grilled overnight. He provided a positive alibi with Italian witnesses in Buffalo and was released. Spoto is the divorced husband of Mrs Ressotto, who reported threats he had made.
Four men drowned when a windstorm capsized a boat on Big Lake near Eagle River Wisconsin. The dead are Frank Johnson Hiam Welsh John Hanson and George Hanson. One woman survived by swimming to safety.
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