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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Feb 08, 1930
Page
8
Market news reports dairy pricing including 25 butterfat and 20 butter 23. Exes and firsts indicate notable changes in creamery outputs and milk product margins. Industry observers note shifts in wholesale butterfat levels affecting producer returns and market signals.
Today’s market notes show Armour & Co hog receipts to be negative due to lard market constraints. The Huronite cannot provide daily market quotations for Hur until updated data. readers are advised quotations from public markets appear in other sources.
At St Paul, weekly livestock sale saw dressed beef prices fall and hide values weaken limiting live cattle gains. Cattle ranged with steers 9.73 to 11.00, fat cows 6.25 to 7.50, bulls 7.25 to 9.50, while lambs dropped to new lows with natives 11.00 to 11.25 and ewes around 5.00 to 5.50. Stockers and feeders showed modest gains in mild weather with thin stockers cents higher and feeder lambs finishing near 10.00.
Sioux City and Chicago livestock markets report mixed movement across cattle hogs and sheep. Cattle: steady to higher for fat steers and yearlings, bulls down. hogs uneven with some declines. sheep and lambs generally steady to lower amid thin demand and slaughter trends. Top prices noted for heavy steers and fed cattle, with broad range across regions and weights.
Wheat futures opened lower on weak cables but short covering pushed May higher. May 44 higher, corn opened easy yet rallied on covers, rye slid with wheat, barley slow, flax weak. Minneapolis cash close shows varied prices, No. 1 northern wheat at about 2.22 to 2.30 with nearby deliveries and mixed durum values.
Duluth market notes show flax on track near 2.97 to 3.03 for May delivery, with gains and slips amid ongoing trading. The report records price levels and near-term movement as traders watch cash and futures dynamics.
Readable fragments show Duluth flour market notes with May and local prices, and Chicago reports on poultry, eggs, and dairy product trading. The text mentions mills, freight costs, and wholesale figures, with scattered numbers like 6.90 and 7.00 for flour and 24.51 to 25.90 for bran.
Feb report from the Dept. Agr notes 110 cars on track with 276 cars in transit and U. S. shipments at 63. Trading remains slow with a slightly weaker market in Wisconsin and Minnesota stock. Wisconsin sacked round whites quoted at 2.60, Minnesota at 2.40. Idaho sacked rag sets around 3.15 to 3.39.
Markets list livestock products and prices including butter eggs and live poultry with varieties such as Leghorn and Spring hens. Buck Brothers in Huron S. D. offer finished goods. dairy prices shown for Matson and direct shipper. Stock quotes include a broad range of industrials and utilities with prices and percent changes.
New York trading opened uncertain but soon rose as railroad shares led gains with several hitting new yearly highs. Strong earnings reports and a 1.00 annual dividend for General Electric boosted sentiment, while concerns over credit conditions and a drop in cotton and commodity prices tempered gains. Major rails like Canadian Pacific surged on a 4 to 1 stock split expectation, with other rails rising as consolidation talk lifted the sector. industrials fell as General Electric and U.S. Steel declined. Total volume about 7.4 million shares.
Fragmentary OCR lines show various financial abbreviations and numbers such as Am Sn Ret 11 percent Am T T 225 Am Woolen 15 rmant AB Armour B 33 percent Atchison 239 Rel Coast Li 169 Bal Obto 11758 and scattered fragments like Beth street. The text is incomplete and lacks coherent context or full names.
Col Charles A Lindbergh resumes glider tests at Lindbergh camp in Tehachapi Mountains California seeking a night flight to gain velocity. Hawley Bowlus and Lindbergh aim to beat the German world glider record of 14 hours 35 minutes. Lindbergh recently flew 21 minutes 10 seconds in a Bowlus glider, landing after gusty winds. Observers note the craft flew about fifteen miles and landed within twelve feet of a marked point. The episode during a United States electronics event underscores Lindbergh’s status as a hero of American youth.
Parliamentary leaders debate naval restraint. Proposals call for a tonnage cap on small cruisers and a 23 000 ton ceiling for aircraft carriers, cutting total tonnage from 135 000 to 100 000. Americans favor preserving submarines and the triple battleship ban, while UK ship experts push aircraft carrier limits, signaling a likely clash over merchant fleet converts to warships.
Co-operators announce a visit from B. H. Shutte of Sioux Falls, lieutenant governor, next Monday. The group cancels the noon luncheon and holds a four course dinner in the Mezzanine dining room of the Hotel Marvin Hughitt Monday evening, with officer elections on the agenda.
Brookings January to February saw nearly 3,000 farmers and farm women attend South Dakota State College Farm and Home Week. Registration figures show strong crowds for Little International livestock show and programs Friday. High attendance credited to quality talks and favorable weather.
Grand Central Palace hosts the second annual New York Aviation Show featuring 42 planes in bright liveries from green and black to orange and black. Highlights include a Lindbergh replica, a two 1600 horsepower Uppercu Benelli jet, amphibious city police craft, army ships, a Flying Dutchman model, and a model-building workshop with 204 counters.
Two bandits robbed the Leeds State Bank in Leeds a Sioux City suburb, taking about 6000 in cash and 38000 in securities. They forced four employees and two customers to lie on the floor, loaded sacks, locked the vault, then fled by car. Suspects Don Hooper and Tim Hanlon were arrested in Cherokee Iowa later the same day.
Earl Jorgenson manager of Travelera Insurance Oyaba Kahle and Lee Hem Toelgarn, managers and assistants of the Sioux City offices, and Joe Sullivan auditor from Onahe were business visitors in Huron Thursday and Friday of this week.
Sioux Falls reports three grasshoppers found near the county farm amid recent warm weather. The insects were placed on display at the county armory exhibit, as locals note they are not the true harbingers of spring despite the mild spell.
The Minneapolis Tribune reports Fritz Crisler, then an assistant at the University of Chicago, has been selected as head football coach at the University of Minnesota for 1930. Tad Welman, former Michigan head coach, is named as Crisler's first assistant.
The ice harvest ended with Hurea Ise company storing a vast stock from the river. About five hundred thousand pounds were removed by 125 workers in four weeks, with fourteen thousand tons at Armour stores and shipments to nearby towns. Railroads and local mills were supplied, salaries averaged 2,500 to 9,000 weekly, and an electric drigen sped up operations.
A Senate bound report from the Indian affairs committee urges removal of Klamath reservation officials in Oregon. Superintendent K D Arnold and financial clerk Row Wheat are named for condemnation over alleged misconduct. The sub committee deems their continued service indefensible and recommends non retention.
The Minnesota Daily at the University of Minnesota faces a shakeup as Dean EB E Nicholson announces the senate student publications committee will take over duties formerly handled by the student board. The move follows criticism of the paper’s editorial stance and sensational coverage, affecting supervision of the Gopher yearbooks and student humor magazine.
Montreal reports Canadian press statement by Banqua Canadienne Nationale general manager Beaudry Leman on voluntary government aid to the wheat pool. He says prairie provinces may liquidate risk to avoid market disruption. banks pledge cooperation to protect western growers. Also notes Utah police chief Otto Burk favors a police force formed from white children.
Los Angeles February 7 The famed Death Valley Scotty whose real name is Walter Scott admitted his desert gold mine story was a fabrication. He claimed he never swindled investors and that money he had came from others while his partner Johnson built a $2,000,000 Death Valley mansion.
Hugh J. Hughes urges the Minnesota Wheat Pool and state agriculture director to ask Secretary of Agriculture Hyde to study the Flathead River dam plan in Montana. He notes potential to produce high grade phosphate for northwest agriculture if federal approval and permit are obtained, while aiming for reasonable fertilizer prices for ripening grains.
A chicken dinner prepared and served by men was held at the Presbyterian elvured to honor the women of the congregation. About 885 persons attended with speeches by George W. Wright Rev. Hubert Ketelie Herbert Tilt John Lonestaff and responses by Mrs. Sarah McNvaine and Mrs. Delbert Scruby. L. 8 Pler chaired the general committee in charge of arrangements with Dr. J. A Hartwich overseeing kilohields.
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