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Newspaper
Evening Huronite
Location
Huron, South Dakota, United States of America
Date
Jan 23, 1932
Page
8
Markets report receipts at Armour Stockyards Huron and Sioux Falls January 23 with mixed cattle hog and lamb values. Hogs mostly steady to higher in some ranges, cattle and lambs show varied declines and firm spots, prices per hundredweight listed for multiple weight classes and packer demand.
Sioux City market figures show fed steers and yearlings down, fat stock and bulls lower, stockers steady to weak, grain-fed cattle and hogs mixed. Buyers active on light weights with 180 to 200 pound hogs and 225 pound cattle noted, fat lambs steady to higher with packers seeing strength in late trading.
In St Paul and Chicago markets, slaughter cattle declined to near season lows. Steers and yearlings sold mainly at 4.00 to 3.00 per hundredweight with some losses, butchers cows and heifers mostly 3.25 to 3.75, cutters 1.60 to 2.0, vealers 5.00 to 3.00, hogs weak with bulk 3.00 to 3.328, sows around 3.00, fat lambs uneven with tops near 5.10, feeders 3.00 to 4.75, early week buyers active but overall quiet. Chicago reports similar weakness in fed steers and yearlings, stockers down, dress beef soft, and large volumes sold at lower values.
Minneapolis reports show wheat futures slipping as stock market weakness and bearish news weigh on prices. May wheat down to Li lower, July 1% lower, rye and barley also fall while cash demand remains modest and milling and protein-rich wheat stay in solid demand.
Markets list live poultry eggs and butter prices by Swift & Co Buck Brothers and Huron firms. Hens leghorn springs and poultries include weight breaks and prices for different grade hides pelts wool and tallow. Details cover 41/2 to 55 pound ranges and various quality classifications.
Chicago potato market reports list Wisconsin round whites No 1 75480 prices and Nebraska Idaho russet rounds with varied prices. Mitchell and Sioux City/SIOUX FALLS provide poultry prices for hens ducks geese and chicks, with eggs butterfat and packing values across Jan dates.
New York markets held a heavy tone in a quiet week end session with moderate declines from the previous day. Rail securities fluctuated as wage talks in Chicago continued, while a six hour day congressional proposal eased some tensions. Several major names dipped briefly. Union Pacific and Coca Cola fell, then partially recovered, and overall sentiment remained cautious.
Duluth cash grain prices show No 1 dark northern and No 1 northern near 72 to 76 percent with amber durum and durum bids around 1044 D89 and 86442695. May July and Sept prices listed. Durum prices also noted with practical futures, while poultry markets in Chicago report steady live birds and varied fowl and turkey prices.
Washington January 2 The auto industry owners led a strong push against the proposed five percent sales tax on autos presenting to the Ways and Means Committee. They warned the tax would crush the brightening prospects for the industry and were backed by the United States Chamber of Commerce which called the plan wholly unwarranted. The chamber urged drastic spending cuts and alternative means to meet the fiscal emergency, opposing the 1931 income tax hike.
Aberdeen dispatch reports Milwaukee railroad traffic department announced general rate reductions affecting interstate traffic in western trunk line territory and intrastate traffic in North and South Dakota. Effective Monday January B, revised schedules cut livestock shipments to market and introduce uniform through tariffs, with stocker rates below delivery rates. Aberdeen to Sioux Falls and similar routes show reduced cattle hogs and sheep rates while Aberdeen to St Paul and Sioux City tar brains stay unchanged.
Eight Minnesota farmers were named master farmers at University Farm Friday night for occupational success and civic involvement. A South Dakota farmer also received the honor, with medals mailed to three North Dakota men and one more South Dakota man. Dan A. Wallace presented the medals, with the University extension division and Farmer & Farm, Stock, and Home as sponsors. Honorees include Martin Hode, C. F. Horihan, J. R. Johnson, E. H. Knodt, W. S. Moscrip, McCarthy, Emil Nelson, and H. W. Voelh, with Dan Dailey of Flandreau among the out-of-state recipients.
A dense compilation of stock quotes reads like a trader’s snapshot, listing corporate names and percentage figures across industries. The note ends with a stray line about a truck, suggesting this is a fragment from a financial roundup or brokerage page.
London reports a cabinet split over a general protective tariff proposal with Prime Minister MacDonald expected to introduce the bill after Feb. 2. Papers mostly criticize the move, calling it a revolution in government and worry it endangers free trade and cabinet stability.
Lee L. Chard, 30, was arrested by county and federal agents on a moonshining charge. A 15 gallon still, 1% gallons of liquor, and destroyed mesh were seized near an abandoned Virgil area farm. He faces arraignment before U S Commissioner John P. Sauer. He has prior liquor convictions and a Buffalo county involvement noted.
Chicago report notes railway brotherhoods and unions reject a ten percent voluntary wage cut proposed by railroad presidents. David Robertson, chairman of the labor group at the wage conference, urges management to be as eager to relieve employee distress as to address their own financial concerns.
Officials of the Chauffeurs' Union announced lifting of the 12 day ban on private automobiles from funeral processions after new true bills were filed accusing union leaders and members of conspiracy. Edward Reilly, a war veteran and union president, W J Kerrigan secretary, and six drivers were named in charges related to interfering with a funeral. An American Legion firing squad was kept from the procession for not riding in a union driven car.
Paris January 2 Premier Laval, buoyed by a confidence vote, signals readiness to advance reparations talks with Great Britain and possibly propose a conference. In Germany, supporters protest Chancellor Bruening’s declaration that Germany cannot pay reparations, while Laval rules out Pope-Loum talks under punitive terms.
Testimony continued in circuit court as J. E. Hollarbush Machine and Parts Company sues Western Surety of Sioux Falls over a $1,400 account shortage in Hurley Ferris's books. Ferris was bonded by the surety, represented by Max Royhl, with Russell Thorson for Ferris and W. C. Peterson for the machine company.
A $16 million suit by depositors of the closed Peoples State bank of South Carolina against Chemical Bank and Trust Co of New York and Jerre L. Dowling will be dropped. Columbia attorneys and Chemical Bank vice president M Baxter Jackson announced the move after conferences. The suit, filed in the name of S. S. W. Parham and others, alleged Dowling as former Peoples Bank president and Chemical Bank officer drained the Charleston bank. The filing stated the Chemical Bank would cooperate with the Peoples bank or its receiver to resolve indebtedness, enabling reorganizations with federal reconstruction help. Parham authorized dismissal, asserting the goals for depositors were met.
Barcelona tightens under a general strike as shops close and trolleys halt. Extremists seek a republic with soviet traits, calling a nationwide action. Soldiers and police patrol empty streets while naval vessels and air patrols loom over the region.
The Michelson speed of light project led by Fred Pearson at the University of Chicago nears completion after 50 years. It builds on Michelson’s 5,000 light-beam records from a vacuum tunnel and confirms light at about 186,284 miles per second.
Survey results show more than two thirds of Beadle County farmers would need seed loans this spring. Roy Cave, County Agent, reports 533 of 536 respondents would require loans. The county seed committee will compile sources, pooling orders and use local seed first, then seek outside suppliers. An associated note states the Agriculture Department promised prompt loan availability under the Reconstruction Finance Corporation, with Congress to appropriate funds next week.
Gettysburg high school fell 25 to 19 as Pierre Governors kept their lead in the Central South Dakota Conference. Pierre opened with a 10-6 first quarter and dominated the second period scoring 10 points while Gettysburg remained scoreless. Highmore also remained undefeated after routing Miller in the same action.
In New York Billy Petrolte of Fargo knocked out Eddie Bar of Poland and Eddie Wolfe of Memphis outpointed Paulie Walker of Trenton. In Chicago Harry Dublinsky beat Jackie Davis and Baba Colima stopped Jackie Stewart in Louisville Sam Levine of Chicago stopped Georgie Nate in two. In Washington President Hoover opposed naval building plans worth 616 million dollars after a White House conference with Representative Britten.
At The Hospitals Admitted E A Platts Huron medical Vernon Sorenson Huron medical Clyde Danner Alpena surgical Dismissed Jean Lampe Huron Mrs J N Jefferson and baby Huron
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