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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 07, 1930
Page
10
Chicago wholesale hog prices eased by 10 to 15 cents in the early market. Top lightweights sold from 9.60 to 9.65 dollars, down about 30 cents from yesterday's peak but near the prior close. Butchers weighing 260 to 270 pounds fetched around 9.35 dollars amid larger supply in Chicago and 11 key markets showing little change from last week.
Iowa hog prices from multiple markets list Prime lights across regions ranging from 8.65 to 8.90 dollars, prime heavies around 7.80 to 8.25, and good to packer grades from 6.15 to 7.50 depending on weight and market. Des Moines reports receipts of 3100 head with varied steady to 1 percent lower quotes, while Mason City Ottumwa and Waterloo show weights from 120 to over 400 pounds with multiple classes and price points.
Kansas City market report shows hog receipts at 5 500 with uneven early trade. Top hogs 180 to 225 pounds bring 9 45, other weights from 8 50 to 9 50. Cattle and calves show slow demand while stockers and feeders ease slight. Lambs under pressure with natives and westerns around 7 75 to 8 75 for lighter units and ewes weaker.
U S agriculture notes hog receipts in Chicago on August 7 with 7.8 thousand head including 7,000 direct. Active lightweights 10 to 150 down and other weights steady. Top spot price at 9.80 with bulk 160 to 210 lb sales at 9.60 to 9.76.
Local markets publish prices for eggs and poultry with hens and springs listed between 8 and 15 cents. Hog quotations from J P Squire Co Muscatine IA. Cattle receipts 4500 head with top bids around 11 dollars and varied weights. feeders and slaughter cattle noted with price ranges. Sheep receipts 15000 head with lambs steady to higher and prices from 5 to 9 dollars for different weights and grades.
St. Joseph Missouri buyers reported mixed cattle hog and sheep action. Hog receipts 3 500 head opened lower and sold 7 to 9 cents lower with tops around 9 40 and 8 90 for heavier weights. Cattle receipts 1500 head with uneven declines but some yearlings and grassers showing fair demand. Sheep receipts 2000 head steady with best lambs near 9 00 and range feeders 6 25 to 6 50.
Receipts total 9 500 hogs 2 500 cattle and 2 000 sheep with steady to mixed moves. Hogs 140 160 Ibs 9.25 9.80. 200 250 Ibs 9.50 9.75. sows 7.35 7.85. pigs 8.25 9.35. Cattle slaughter classes steady to higher with feeders and calves mixed. steers 600 1100 Ibs 9.50 11.00. heifers 8.50 11.00. vealers 10.25 12.00. Sheep demand softer with lambs 8.50 9.50. ewes 2.25 3.50. culls 1.00 2.50.
Sioux City August 7 AP U S Department of Agriculture cattle receipts 2000 head calves 100 active fed yearlings strong to shade higher mature steers steady fat stockers firm bulls strong to 250 higher stockers and feeders scarce unchanged mixed yearlings 9.75 beef cows 4.50 5.75 practical weaker top 9.00 hogs receipts 1000 head medium and light butchers steady to near steady weights 170 240 top 9.35 sows up 10 cents bulk 7.75 few 7.85 sheep receipts 3500 head market slow native lambs 8.25 down best Idaho lambs 8.75 or better aged sheep scarce unchanged.
Receipts: cattle 1800 steady to higher in spots. hogs 3200 with light hogs scarce and prices mostly 9.60 to ship. heavier weights down to 8.50. Calves dealers steady with largely 9.00 to 11.00. Sheep 1200 opening slow with prices steady or down 25c for medium lambs. packers weak on sheep.
A night mail plane traveling from Stockholm was found in Waldemarsvik bay at Askoe in a sinking condition. The pilot and mechanic remain missing since last night. Berlin reports the missing crew.
Severe drops in Chicago grain prices hit corn down about 4 1/2 cents and wheat around 4 cents as profit taking after earlier highs failed to sustain gains. May wheat and September corn swung intraday, with mixed closes for the session as showers remained light and country corn arrivals remained heavy. Provisions rose despite late weakness in grain.
Chicago wheat futures and cash prices list No. 1 and No. 2 grades at about 97 to 98 cents for various hard and mixed classes. Oats and rye prices shown for No. 1 to No. 3 white and other grades. Timothy seed, clover seed, and hog products like lard ribs and bellies priced.
In Omaha Nebraska on August 7 the Wheat market shows Dark Hard No 2 at 91 92 cents per bushel Hard No 1 at 8642 89 cents No 2 at 84 88 cents North Spring No 1 at 87 cents No 2 at 8644 cents Mixed No 1 at 87 cents Yellow No 1 Corn at 93 95 cents No 2 at 93 95 cents Mixed No 2 at 93 cents Oats White No 3 at 4 cents per bushel.
Minneapolis August 7 Flour prices rise by 25 cents in carload lots with family patents quoted at 6.25 to 6.35 per barrel in 98 pound cotton sacks. Shipments total 29 662 barrels Bran ranges from 24.50 to 25.00 per unit.
Butter receipts reach 4874 tubs with firm markets. Egg receipts 5660 cases steady with extra firsts at 29 25 cents and fresh graded firsts at 24 cents. Poultry alive receipts include car and 28 trucks with varied prices for fowls springs broilers and turkeys. Potatoes on track 126 cars with strong whites and steady triumphs. Irish cobblers and Bliss varieties priced across regions. Closing futures list eggs and butter storage standards for November.
Augales receipts reach 17 488 head with firmer mixed colors and closely selected extras. Butter receipts total 15 848 tubs with firm dairy values and creamery prices rising beyond extra. Nearby white milk products show higher quotes for extra and average extra levels with noted scores and fractions.
Kansas City news via AP reports on August 7 notes butter at 33 to 38 cents per pound, butter fat stable. Poultry prices show hens 11 to 17 cents, roosters 14 cents, with other produce unchanged.
St Louis market update notes produce prices were unchanged in St Louis Missouri on August 7 according to AP dispatch.
Aug 7 update from Chica or Hay Market Annall reports no receipts recorded. AP dispatch notes transactions halted with zero receipts listed.
New York sugar prices on August 7 show raw sugar unchanged with minor midday gains of 1 to 2 points. Refined sugar also flat as market cars report no change in value and no notable movement in the session.
New York August 7 AP report notes government bonds closed with Liberty 3 percent and First 4 percent around 101 and 102 respectively. Poultry market news mentions irregular, clean fresh turkeys with certain prices in the vicinity of this brief.
Quotations list for New York bonds and issues from Arch firms including American Tel & Tel Bethlehem Steel Goodyear Armour of Delaware and others with 5s and 4s maturities. Entries show prices as percentages with some date codes and prominent names such as International Cement Pure Oil Southern Pacific and Sinclair.
New York traders saw irregular bond prices with high grade rails firm after weekly gains while some second grade issues edged back. Utilities fell slightly and new financing limited to Swift and Company 30 million 5s due 1940.
The stock market faced a bear heavy session with widespread selling led by floor traders amid fears of crop-related demand slowdowns. Major names like U S Steel and General Electric held support while utilities fell sharply and Southern Railway hit a 1925 low. heat and rain disrupted Nebraska and Illinois, with brief cooling in New York City.
Rain deluges across the Midwest and Northwest ease heat while worsening floods in Aberdeen South Dakota where two inches of rainfall flooded sewers and streets. Widespread showers pushed south into the Dakota region as residents cart water for families and livestock.
The Mediterranean voyage features Clowny and Scouty playing hide and seek aboard a large ship. The Travel Man announces arrival in Istanbul where the shore offers new treats as the Tinymites disembark and prepare for further adventures in Constantinople now Istanbul.
The Columbus Junction board completed the instructor list for the Columbus independent school district. The high school faculty includes W. G. Robertson as superintendent and W. J. Rice as principal, with Millard Chambers, Miss Helen Orr, Miss Marie Overholt, Miss Grace Nichols, Miss Minerva Alsip, Mrs. Genevieve Fedderson and others. Junior high and grade school staff cover eighth to fifth grades with Irene Alsip, Martha Connor, Arian Lowe, V. J. Rice, Fern Johnston, Nellie Moore and more.
About 1,000 people attended the Louisa County Farm Bureau picnic and play day at Columbus Chautauqua Park. Attendance top honors went to Columbus City township with 153, Wapello 149. The afternoon featured community singing, a play by Wapello township men, and Four-H health and home management contests. Grandview township won the kittenball title. several 4-H members earned trips to the state fair. A child, 11-year-old Charles City Frank Messecher, died after a truck incident at the country club.
Whiting police arrested William Schrader age 40 whose car was equipped as a traveling bookmaker's shop with race charts and a low wave radio. He was caught accepting bets on races from the vehicle as a mobile headquarters. A hunt is on for a boot leg radio station used by gamblers in the Calumet region. Cedar Rapids man Ora Schuchart, 19, is held on $1,000 bond for carrying a concealed weapon after police found a loaded gun on him.
The Red Top Post Driver allows one man to install 200 to 300 fence posts daily without helper. It drives posts straight and secure with Handy Fasteners, reducing time from a week to a day. Aluminum finish adds appeal and durability, with growing customer satisfaction and rising orders. Buy early for best prices.
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