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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Jan 11, 1930
Page
8
Market summary from Sioux City and nearby towns shows calves and yearlings strengthening while fat cattle and veals stay steady. Prices for stockers and feeders bounce around, with notable activity in hogs and sheep. Chicago and Sioux Falls also report fluctuating poultry and egg prices and muted potato markets in late December readings.
Fragmented OCR notes show daily market percentages and receipts for Armour & Co. with a noon today cutoff. The piece notes that the Bar on said ia is not a public market and that quotations from public markets are quoted elsewhere.
The article notes Northwest Bancorporation expanding within the region as the ninety first bank joining the Northwest Bancorporation group. It cites total resources for the banks at 478,000,000 with Brookings County bank reporting loan capital 55,000 deposits 206,453 and reserves 326,964.
South St Paul market shows net gains from week to week but an uneven trend overall. Hogs show widening spreads with lighter weights fetching higher bids and heavier pigs trading closer to the bottom. Cattle and veal mostly steady with bulls down, vealers around 11.50 to 13.00 in medium weights. Lamb prices rose sharply though gains tempered by weekly close, with best yearling wethers near 11.50 and ewes around 7.00. Feeding lambs sold mainly 10.00 to 11.00, few higher.
Chicago January 11 cattle and hog market summary shows higher demand for fed steers and yearlings with prices up to 16 75 for top yearlings while lower grades pull back. Sheep and lambs steady to higher with fat lambs and yearlings advancing. hogs mostly 15 25 lower, with varying weights and steady to lower spot quotes. Buyers and shippers moved sizable direct loads, with notable activity in heavy and medium weight categories.
Minneapolis and Duluth crop reports show futures sharply lower amid weak cables and cash activity. May wheat falls two and a half to three quarters of a cent while corn and oats trade narrow. flax demand slows and high protein wheat remains in focus.
Swift & Co furnishes daily market quotes for Huron South Dakota listing weights and counts for hens, leghorns, ducks, geese, and turkeys. Includes No. 1 and No. 2 grades for dressed and live poultry, with detailed entries for weights and assortments across ducks geese and hens, toms and hens.
Prices subject to change without notice for Heron Poultry and GCS catalog. Entries cover hens leghorn and weight ranges, ducks, geese, turkeys, dressed and live birds, with various weights and prices. Also notes live young turkeys and market prices from Boston.
Heavy profit taking slowed today’s market advance as early gains faded. United States Steel’s unfilled orders rose by nearly 60,000 tons, a likely result of last month’s shutdowns rather than stronger demand. Steel and industrials edged down while call money held at 4 1/2 percent amid limited new funds.
Minneapolis stock page lists bids and asks for multiple firms including First Bank Corp, Bancorporation, and Coag. Prices are shown as percentages and dollar figures with varied bid ask spreads. Trading highlights include readings for United Fruit, Studebaker, and Western Union among others in a volatile session.
Yankton SD January meeting of cooperative leaders sponsored by the South Dakota Farmers Union approved several resolutions for year operations. They backed the Federation of Cooperative Elevators and the Union Livestock commissions, opposed a statewide paving program until farm to market roads are built, supported tax conference work, urged unity in studying tax proposals, and favored merging all Union oil stations. A central sales agency for produce and cream was approved, and stock purchases in the Farmers' National Grain Corporation were authorized. Uniform bookkeeping for all Union enterprises was approved. Nine plus million dollars in insurance on the books was reported. State board members met to implement yesterday's changes. EH H Tivergon presided. attendees included W A Preston Rockhop and others.
Beadle County commissioners unveil an ambitious 1930 road program including 27 miles of new construction, 20 miles of graveling, 10 miles of sand gravel resurfacing, plus several bridges. Projects include rebuilding the Correction Line road from Lake Byron east and completing 12 miles of the Sheffield road to the county line. Two large bridges over Shup Creek will rise, and an equipment inventory will be taken this afternoon.
Minneapolis Jan 10 Earnings of the banks and trust companies affiliated with the Northwest Bancorporation in 1929 were at a rate of more than 4.50 a share on about 1,600,000 shares outstanding. J Cameron Thompson, vp and gm, announced at the first annual meeting. The group includes 99 banks and trust and investment companies across the northwest. Two new directors, W B Castle and Carl A Lunter of Duluth, were added to the board. Two executives, George Ply Tweed of Duluth and G H Gates of the United States National bank in Omaha, joined the executive committee.
Brookings County Bank in Brookings has become affiliated with a larger financial group, signaling a shift in local banking arrangements. Officials did not disclose the identity of the parent entity or details of the affiliation.
The state board of pardons sent full and conditional clemency requests to Governor W. J. Ea ton including one full pardon for Fred Schultz and three conditional pardons for youth offenders Delmar Ka Suske Allen Fink and Artur Grabou all from Grant county. A deportation pardon for Herman Jessen and two commutations were also recommended after a January meeting with the board.
In Germany three children live with Jana as the board weighs commutations for Charles J. Harris and Frank P. Benedict. Harris from Hanson county faces seven years for grand larceny. board recommends five and a half with nearly three served. Benedict from Tripp county jailed five years for embezzlement. recommendation is two and a half years and penitentiary entry on July 11.
Nearly 200 Elks gathered at the lodge hall to inspect officers Hay L. Doherty of Rapid City district deputy grand exalted ruler and help initiate seven new members. After initiation there were four amateur boxing matches and a lunch. The class included C. J. O’Brien W. Harvey Douglas Clarence Ireske Harlyn Hedhlotg Charles Miner George E. Dolenhacker Edward R. Tietz Vincent Fox was absent.
The annual meeting of the South Dakota Telephone Association will be held in Watertown on January 14. President Grant B. Peterson says the gathering covers current problems and essential issues in the business with a program already arranged, including a repower arc demonstration as a special feature.
Sioux Falls based Minneavin Jackrabbit company has acquired the Overland Stage Bus lines and will begin service June 16 on a red Sioux Falls to Fargo route with connections to North Dakota.
James Pappas and Mrs. James Pappas with their three children returned home following a European tour. They departed October 9 from here and sailed from New York October 16. Tom Econgy of San Antonio, Texas, a brother in law of Mr. Pappas, accompanied them. The family visited several European countries and spent time in Evraze.
In California on January 28 1927 Walter J. Burke and James Gregg two ring leaders of a Folsom prison riot were hanged. Burke fell at 6 14 am and was pronounced dead at 9 17 am Gregg dropped at 9 51 am and was declared dead at 9 43 am.
Speaker Longworth stated there was no breach between House Republican leaders and President Hoover in the ongoing policy discussions. He emphasized unity among leaders and the administration on enforcement goals and national regulations.
The United States Steel Corporation announced that its filled orders increased by 91,400 tons from December to a total of 4,417,133 tons. The report notes a higher demand for steel products across its operations.
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