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Newspaper
Creston Daily Advertiser
Location
Creston, Iowa, United States of America
Date
Mar 05, 1925
Page
2
New York stocks opened with uneven moves as profit taking trimmed several quotes. American Locomotive boosted by an $8 annual dividend and a $10 quarterly extra, sparking a brief industrial rally before American Car and Foundry eased from its high. Rail shares showed stronger support while Call money started at 2 percent and eased. overall close remained firm.
Hogs receipts at 15 600 head with fly sales to shippers rising 25 to 36 cents. Packer purchases up 10 to 25 cents. Good and choice butchers 200 pounds plus average 123.00 to 13.35. packing sows 12.75 to 13.00. Cattle receipts 4 00 with yearlings and vealers active and mostly higher. Sheep receipts 10 000 lambs strong to 25 cents higher with early top 17.30 and ewe top 10.00.
Chicago reports wide bid spreads for wheat grades with No 3 red around 1.91 to 1.97. Corn values list mixed and yellow varieties from about 1.05 to 2.46 per some unit, while lard ribs bellies advance with market notes for timothy and clover seeds and other fats.
Hog receipts 3 600 with prices 25 to 40 cents higher and top around 33.60. Cattle receipts 2 000 with steady to strong bids. steers 8.00 to 11.00, top 11.50. cows and heifers 3.60 to 20.00. calves 6.00 to 12.00. stockers 400 feeders 6.00 to 8.00. Sheep receipts 5 000 slow but near steady. lambs 16.25 to 17.25. yearlings and ewes 9.00 to 10.00.
Horses moved to choice drafts priced around 150 to 200 dollars with eastern chunks 75 to 100 dollars and southern horses 45 to 75 dollars. Mules ranged 16 to 17 hands 175 to 235 dollars, 35 to 16 hands 125 to 180 dollars, 13 to 14 hands 25 to 60 dollars.
St Louis market report lists hay prices dated March 5 with steady bids for No 1 timothy at 21.00 to 22.00, No 1 Merit clover mixed at 15.00 to 18.00, No 1 heavy clover mixed at 106.00 to 17.00, and choice alfalfa at 30.00 to 31.00.
Local observations show values for the past 24 hours ending this morning with rainfall readings of .20 and .26 inches on February 27 and 28. March entries report .28, .25, and .48 inches, with no events or notable conditions beyond standard precipitation measurements.
Chicago livestock receipts rise with hogs 25 40 cents higher led by top 13.65 and strong weights. Cattle and sheep show firm to higher bids with fat cows 6.00 to 6.75 and fat lambs 17.25 to 18.25, restock and feeder activity steady.
Alive unchanged in poultry with varied prices for fowls springs roosters ducks geese and turkeys. Potatoes steady to higher with United States shipments at 882 and Idaho russets around 2.30 per sack. butter prices rise across creamery grades. eggs lower with large receipts. overall market shows mixed movements and moderate activity.
New York market notes show butter receipts 7,626 pounds with creamery prices higher. creamery extras 92 score at 47 percent, firsts 88 to 91 at 40 percent. Egg receipts 38,425 cases steady with fresh gathered extra firsts 30 310 percent and firsts 28 29. Cheese receipts 82,512 pounds from state whole milk flats fresh fancy 24. Live poultry brollere small by express 66 fowls by express 36 37. Dressed poultry chicken 25 46.
From St Louis in March the poultry prices show Hena 23 percent, springs 34, turkeye 34, ducks 26, geese 14. Eggs 26. Butter 45 percent.
Kansas City notes March 5 with butter up 2c to 18 cents a pound and creamery 48 49. Poultry prices higher 2c mid 20s. Eggs unchanged at 25 cents, first grade selected $2.00. Potatoes steady Red River Ohio 1.50 to 1.60 per unit.
Omaha March 5. Cash grain quotes show No 2 hard wheat at 1.79 to 1.80, No 3 hard 1.79, No 2 mixed 1.80. Corn ranges include No 8 white 1.13 to 1.15, No 3 yellow 1.13 to 1.16, No 2 mixed 1.14. Oats list No 2 white 52 and No 2 white 50.
Toledo market bulletin lists Clover seed with cash trades at 18.75 with March 18.35 asked and Oct 13.76 bid. Timothy seed shows cash and March at 3.10 asked, May 3.22 percent, and Sept 3.40 bid.
Neik on March 5 notes raw sugar steady at 4.71 with duty paid. Refined sugar unchanged at 6.00, 6.10 for fine granulated.
U S bonds closed with Liberty 3s at 101.17 First 4s 101.18 Second 4s 100.23 Third 4s 101.80 Fourth 4s 101.24 U S Treasury 46 at 100.16 U S Treasury 4s at 104.26.
The market reports Rio No. 7 at 21 15-16 and Gantos No. 4 at 26 percent. Futures stay steady with July at 18.50 and Dee at 17.00 as of March 5 in New York.
W Day of Sharpeburg, a local business visitor, was a caller here this morning.
Export business near one million bushels helped rally the wheat market while futures closed unsettled. May and July prices varied with May at about 1 92 and 1 69 for July, prices fluctuated as Western grains followed corn and oats. The report notes Liverpool steadiness and aggressive buying by commission houses near day end.
Open high low and close figures for wheat corn and rye futures with May July and Sept contracts listed. Includes prices for lard ribs and bellies with daily percentage changes and point movements across multiple lines.
Minneapolis report dated March 6 notes flour prices down 30 to 35 cents with family patent flour at 10.10 to 10.26. Bran falls to 23.50 to 24.50 per unit.
Mr and Mrs H J Sellers of Des Moines arrive in Creston for a short visit. St Collins of Collins Electrical Co Des Moines calls on merchants. Wm Noonan Des Moines visits friends and attends to business. Larry Jones of Omaha comes for a brief visit and to handle affairs. Mrs E N Dougherty and Mrs Mary Longstreth depart for Des Moines for several days. Grant McPherrien president of Central Bank Des Moines attends to business. Ear Worden of North Poplar accepts a job with Metropolitan Life Insurance Co starting Monday. Orville Hite of Bell Plain arrives in Creston for a few days for business and friendship. R Hickman Prescott and E M Hickman Coconut Grove Fla spend Wednesday night visiting. Mrs Glen Larson and nephew Ray Benson Gary Ind return home after a week with Mrs Frank Larson. Mr and Mrs Sam Staley and children leave for Clovis NM for about two weeks visiting Amarillo and Groom Texas beforehand. Miss Ruby Guthrie leaves for Afton then returns with Dr and Mrs T H Guthrie who plan to settle on South Chestnut Street. raven A pm
The Triangle Society of the Methodist church met Wednesday at 1006 West Montgomery street hosted by Mrs. R T Shiveley with assistance from Mrs. R E Webster. After business, attendees enjoyed social time and dainty refreshments closed the afternoon amiably.
Mrs Ray Garner entertained the Thursday club yesterday afternoon at the Lowana Hotel with a luncheon at 1 o clock, followed by bridge in the afternoon.
Miss Sadie Olson of Mt. Ayr and Arch Keefer of Creston were married Monday at 3 30 PM at a Des Moines Methodist parsonage by Rev Scott. Attendant was the bride’s sister Miss Selma Olson. They reside at 401 North Sycamore Creston after the ceremony.
Mrs M F Leonard was delightfully surprised on Tuesday evening when neighbors and friends gathered at Mrs Clif ford Frazier, 307 North Elm, to celebrate. The group played banco with Mrs McCall winning honors and Mrs Leonard the consolation. A lovely gift was presented and refreshments were served.
A business and social gathering of the I. C. C. club occurred Wednesday evening at the home of Rachael Briley. Officers were elected and additional club business was addressed before a social hour.
Mrs Elmer Cummings entertained the Amity club on Wednesday evening at her North Maple street home. Five hundred was enjoyed with Mrs Alice McLester high scorer and Mrs Tom Else low scorer. Refreshments were served at the close.
Neighbors gathered Wednesday evening at Mr. and Mrs. F Freeman 307 South Elmie to celebrate with games and a dainty lunch. Attendees included Mr. and Mrs. Max Clark Mr. and Mrs H B Crawford Mr. and Mrs John Ball and children Mr. and Mrs Ernest Sarris and children Mrs Criss Jessen Mr. and Mrs Paul Hogan Earl Freeman and the Freemans.
Joy de Vee club was entertained Tuesday afternoon at the home of Mrs. H. E. England of North Elm street. Mrs. Mary Krahk won first prize and Mrs. Brookman the consolation. A pink and white luncheon was served. Guests included Mrs. England Sr. Mrs. J. C. Fraater and Mrs. J. P. Cox.
Douglas township Farm Bureau holds a Friday evening meeting at McKee schoolhouse. Every family is asked to bring sandwiches.
B P D Elks announce a regular meeting this evening featuring a full slate of officers and a smoker event. Members urged to attend and participate in the gathering at the lodge.
The Bank of England raised its discount rate today to five percent in line with last Friday’s move after the New York Federal Reserve increased its rediscount rate. The action signals New York’s influence on global monetary policy and underscores progress in coordinating policy between Governor Montague Norman and U S authorities.
Examiner Arthur Mackley of the Interstate Commerce Commission presided at a Burlington hearing on tariffs for tin ware and hardware items from Milwaukee and Chicago to Burlington and Keokuk. Testimony closed this afternoon and the case was submitted on the record with no briefs to follow. The complainants contend lower rates should apply to Quincy and St. Louis.
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