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Newspaper
Creston Daily Advertiser
Location
Creston, Iowa, United States of America
Date
Aug 08, 1925
Page
2
Des Moines August 8 The First Credit Union the first organization of its kind in Iowa under the recently passed credit union law was formed yesterday. The report notes the creation signals a new era for local financial cooperatives as officials outline its purpose and members.
Aggressive buying across sectors lifted today’s New York trading. Steel, equipment, motors and public utilities led gains with several issues hitting new peak prices. Rail shares showed speculative activity with Missouri Pacific and Norfolk Western pushing new highs while Chesapeake and Ohio and Coca Cola retreated. Total volume around 50 million shares.
Hogs receipts 5500 uneven with gains on lighter weights, 160 to 200 pounds average 13.50 to 13.76, 200 to 300 pounds 12.90 to 13.50, sows 12.25 to 12.50, overall 12.25 to 13.65. Cattle receipts down vs week ago with mixed trends. steers and yearlings mixed, bulls higher, stockers steady to lower, veal top 8.00, grass cows 2.65 to 6.50, bulls 3.75 to 4.50. stockers 6.00 to 8.25, one load over 1203 pounds at 9.75. Sheep lambs 10 to 15 cents lower, feeders up. lambs 15.00 to 15.25, natives 14.50 to 14.85, yearlings 10.50 to 11.50, fat ewes 6.50 to 7.00, feeding lambs 14.50 to 15.00.
St Joseph market receipts 1,500 hogs up 10 to 15 cents with top 12.60 and bulk 13.25. Cattle receipts 1,400 with steers to 14.75, cows and heifers around 12.50, calves 10.00. Stockers and feeders 950 at 5.25. Sheep 1,200 steady with lambs 14.00 to 15.25 and ewes 6.00 to 8.00.
U S bonds closed with Liberty Street 100.20 for Liberty Bonds First 4% at 101.28, Second 4s at 100.25, Third 4s at 101.12, Fourth 4s at 192.1, U S Government 4s at 102.23, U S Government 4 4 5 at 106.
Toledo seed market notes wheat bid at 1.78 and 1.74 for old and new. Clover seed cash prices 17.45, October 16.00, December 15.20. Timothy seed cash 3.95, September 4.35.
Local observations over the past 24 hours ending at 7 am report highs and lows with rainfall. Temperatures range from the upper 40s to upper 60s in this period, with measurable rain on several days and notable totals such as 0.83 inches and 0.88 inches.
Hogs receipts about 3 000 with mixed demand and higher quotes across weight classes. Cattle receipts 500 with choice fed steers 26 cents higher week over week, grassers and grain fed types showing varied movement, sheep receipts 2 000 with fat lambs steady to higher on strong feeding lambs activity. Unofficial Monday totals list hogs 36,000 cattle 19,000 sheep 18,000.
Chicago reports varied live poultry and butter prices with mixed receipts. Poultry totals include broilers and turkeys with regional shifts. butter prices ease in Chicago while eggs hold. Kansas City and St Louis show unchanged or mixed dairy and poultry quotes. Geographically, notes cover Minneapolis futures and Ohio, Nebraska, and Missouri shipments with quality-based pricing.
Market notes from St Louis and Kansas City show hay unchanged for No 2 timothy and clover mixed with prices in the range of 19 to 20 dollars per unit while choice western alfalfa stands at 27 to 28 dollars. Kansas City reports a 50 cent drop on prairie No 1 with a new range of 10 50 to 11 00 dollars.
Mist St Louis August 8 market notes show good to choice draft horses selling from 150 to 175 dollars and eastern chunk feed priced at 75 to 100 dollars. Southern horses range 45 to 75 dollars. Mules 16 to 17 hands 175 to 225 dollars, 15 to 16.2 hands 125 to 190 dollars, 14.8 to 15.2 hands 60 to 100 dollars.
Chicago wheat surged late but finished the day off its highs as profit taking and anticipation of a government crop report weighed. September closed around 1.66 to 1.67 per bushel with December near 1.63 to 1.65, while corn and oats eased slightly and provisions rose on firmer hog values.
Chicago cash grain prices list wheat corn oats rye and barley along with popular futures lines. The report records bid and offer ranges for No 2 and No 3 grades across wheat corn oats and related commodities with seed and meat products also touched.
Omaha reports grain bids with Wheat No 2 hard quoted 1.72 to 1.75 per bushel and No 8 hard 1.66 to 1.67. No 2 mixed at 1.66. Corn No 2 yellow listed at 1.03 and Oats No 1 white around 0.40 to 0.41 with No 3 white near 0.40. These reflect early market quotes for August 8.
New York on August 8 reports actual reserves held by clearing house banks and trust companies rising by 19.76 million dollars for the week. The excess reserve amount increased by 14.71 million from the prior week, reflecting stronger liquidity in the financial system.
St. Louis cash grain reports wheat prices with No 2 red at 1.75 to 1.77 and No 2 hard at 1.69, yellow at 1.08 to 1.09, oats No 2 white 43 and No 3 white 41 to 42 percent.
Minneapolis market notes flour up to 20 to 25 cents higher for family brands from 9.45 to 9.55, bran at 24.50.
The executrix Cora Hovious is appointed by the Union County Iowa district court for the estate of Louis P Hovious Deceased. Creditors must present claims authentic, and debtors are to pay the executrix. Dated August 7 1928 with publication dates August 8 15 22.
A. P. Anderson and C. A. Selander plan to travel Sunday to Rockford Illinois after attending the funeral of Mrs. Carl Anderson. Mrs. Selander will stay in town for a few weeks.
Ames reports 100 to 150 boys from agricultural clubs compete today in livestock judging preliminaries for state fair contests. Alton notes Dr W A Hamilton pleads guilty to illegal liquor transport and is fined 1000 dollars and costs. Muscatine records Mrs Joe Espinosa filing for divorce alleging husband poisoned children’s food and beating her. Virginia Minn case upholds school Bible reading constitutionality in district court.
Washington on August 8 the fleet corporation completed the sale of seven ocean going tugs to Henry Ford for 42 500 each New York also reports the American Smelting and Refining Company raised the lead price to 8 90 cents per pound and John Temple Graves, a southern writer, died at his home in Washington Early today in Waterloo Iowa a critic of district and municipal courts and county attorney W A Cook may have his charges refuted at upcoming meetings with Rev John Robertson Mac Artney supporting Hammond replying to a letter from Judge George W Wood
Burleigh Grimes Brooklyn pitcher was fined 200 dollars and suspended three days by NL president John A Heydler for starting a fight with Max Carey in yesterday's Robins Pirates game in Pittsburgh. Clyde Drury Marshalltown defeated Robbie Jubb Des Moines in six rounds in Cedar Rapids with listless exchanges and Drury gaining points. In semi final Johnnie Gannon Rockford TH was knocked out by Louie Mays Des Moines. Caddy Kelly lost to Teddy Murphy in a hard fought bout.
Dave Shade of Concord and Frankie Schoell of Buffalo headline a ten round decision bout at the ballpark. Shade is the current top challenger to Mickey Walker's world title, with Jack Kearns signaling a Walker match with tonight's winner. Also announced a September bout between Eddie Huffman and Young Bob Kitzsimmons and Chicago baseballs team departure for a Japan tour.
A report from Parkersburg Iowa recalls Warren the son of a pastor once at Norton and Morton. Neighbors describe Warren as a promising boy eight years ago now linked to a family tragedy. J S McDonald a church trustee recalls the pastor was lenient and Warren spent time at McDonald’s home.
Warren Vandervoort 17, charged with first degree murder in the death of his father Rev. R. J. Vandervoort Methodist minister, will undergo a mental sanity inquiry at the forthcoming preliminary hearing. Parkersburg attorney John Behnke noted Vandervoort’s unsettled behavior during talks with his lawyer and would not confirm if an insanity plea will be used at the Butler district court hearing in October.
Frank Muskie of St. Paul scored a technical knockout over the Oakland heavyweight nicknamed "Young" Franklin in the fifth round at an San Francisco bout held August 8.
Ld Johnson and son Lee of Kansas City Missouri arrive as guests in the home of W Z Johnson at 410 North Walnut. Miss Audrey Camp recently teaching at Palmer college Albany Missouri comes to spend a month at John Deitrick home 904 West Montgomery with Miss Lela Peterson of Albany who will stay a few days.
James W. Kerns and Jack Kerns of Parkman Wyoming arrived Friday for a short visit. Miss Verda Collings and Miss Olga plan Chicago visits and return to Creston Monday. Mrs Trenholm and Mrs Dougherty depart for Chicago for a weekend stay. Miss Bernice Catlin returns home from three months in Batavia Illinois Dorset and Minneapolis with brother Frank Catlin and family Wolf Point Montana at a Dorset summer cottage.
The article lists numerous residents and visitors traveling to and from Creston for the weekend, with many heading to Chicago and others hosting guests at local homes including the Meadows, Conway, and Dougherty households. Names include Nadine McKeeman Des Moines Vera Quin Margaret Allison Mona Miller Mamie Lagomarcino Peggy Reeder W R Bell Daisy Marlow Virginia Lagomarcino Lagomarcino and many more.
Robert Miller, son of Mr and Mrs Howard C Miller of Omaha, came home this morning after visiting his grandparents Mr and Mrs Frank S Miller and Mr and Mrs M J Jordan. Mrs Miller will stay a few days elsewhere after accompanying him home.
Mrs Emi Brandenburg of Milwaukee Wisconsin reports relief from weakness headaches and fatigue after using Lydia E Pinkham's Vegetable Compound. She says four bottles cured her yearlong illness restored strength and weight and enabled her to do housework again and tell friends about the remedy.
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