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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 09, 1930
Page
8
Drought and high grain costs spark a flood of well finished dry fed steers as Chicago trades see prices rise 50c to $1 across heavies. Hog sales down with 4,500 on the week, best at $9.75, lambs steady near $9.50. Week totals: 38,214 cattle 115,696 hogs 57,588 sheep.
Iowa markets report varied hog prices with Cedar Rapids prime lights at 9.89 per cwt and Des Moines receipts at 2,700 head. Prices differ by weight and class across Mason City Ottumwa Waterloo and other towns, with primes and packers shown for each range.
Cattle receipts 500 head with steers and yearlings up to 1,100 pounds showing slight gains. heifers up and heavy packers steady to weaker. Sheep receipts 3,000 with nominal today and week, tops around 9.65 for week. range lambs 9.00 to 9.25. Hogs receipts 9,000 with 7,000 direct choice hogs firm, tops at 9.75. various weight classes quoted from 8.25 to 9.75 depending on weight and type.
St Joseph Missouri herd and market report notes hog receipts around 2000 head with prices mostly 9.40 to 9.65 and sow gains to 250. cattle receipts about 100 head show declines in heavier steers and yearlings, with best light yearlings near steady and weathered grass steers around 5.25 to 9.00. weekly totals near steady with Westerns scarce and natives mixed.
Sioux City Iowa August 9 cattle receipts 500 head calves 100 head market for the week fed yearlings ready for sale and trading activity noted by the U S Department of Agriculture official AP dispatch from Sioux City livestock yard and market report.
Local grocers and markets report poultry prices with heavy hens at 15 cents and light hens at 11 cents, with other varieties between 6 and 15 cents. Hog quotations from J P Squire Company show prime butchers at 169 to 280 pounds and 8.95 to 9.40 dollars, and heavier ranges up to 7.99 to 8.15 dollars for extremely heavy or good packers.
In a volatile session, corn prices rose while wheat fell as crop damage fears and weather forecasts influenced sentiment. Illinois and Iowa damage estimates weighed on corn prospects, with Kansas yield forecasts dipping. Oats eased, and provisions moved little amid mixed futures and weak export data.
Hog receipts total 3 500 with slow market and price dips 10 to 15 cents for butchers. top hogs at 9 35 and bulk 170 to 270 pounds range 8 49 25. Cattle show mixed shifts with steers 50 to 75 cents down, stockers and feeders strong, best yearlings around 10 25, medium weight beef cattle 19 10, and bulk steer and cows generally weaker. Sheep market unchanged with fat lambs steady to strong and old ewes firmer. Idaho lambs 8 75 late top 9 00, native lambs 8 25 8.50, best fat ewes 3 25 3 75.
Receipts total 1 000 head with 500 direct. market steady to strong. Cattle include 150 head with week totals: beef steers and yearlings down 25 to 75 cents, matured steers 50 to 75 cents lower, cows and grass heifers steady to strong, vealers 50 cents to $1 higher. Sweep receipts 409 head show lambs up 10 to 15 cents. bulk natives $8.50 to $9.00, top lambs $9.15, ewes to $4.00, feeding lambs around 25 cents lower.
Receipts of 4 000 hogs and 50 cattle cars show slow, uneven trading with prices mostly lower. Hogs top at 9 35 for 200 lb butchers. cattle ranges include fed steers to 10 40 per cwt and stockers 5 50 to 7 00. lambs and sheep also mixed with lambs around 8 10 to 8 75 and ewes down to 2 50 to 4 00.
East St Louis Illinois August 9 AP US Department of Agriculture receipts show hogs 2300 up mildly with most classes higher than a week ago. Cattle and calves mixed with steers and yearlings up to 25 cents, stockers and feeders steady to higher, cows and bulls mixed, vealers up around one dollar. sheep lambs fats up 25 to 3 cents with packer top near nine dollars.
Cattle receipts 500 head compare week ago with light steers and yearlings near top price ranges. heavy and mixed grades weaker. Cows and cutters steady to down. bulls weaker. Week's top yearlings $10.25, top heavy steers $9.00, bulk steer mix $7.85–$9.90, cows $4.00–$5.00, heifers $5.00–$6.60. Calves $9.50–$12.00, bulk $11.10. Hogs 500 head steady to better at $9.50–$9.75, bulk $8.75–$9.50, heavier pigs lower. Sheep receipts 50 head near steady. fat native lambs $7.50–$8.25, common throwouts mostly $5.75–$7.50.
Hog futures traders use the Journal as a platform for market cues and ads on futures contracts. Listings highlight price ranges, advance bids, and seasonal demand shifts. Readers monitor transactions and sentiment as buyers and sellers connect through classified sections.
Cash wheat and corn quotes list a range of No 1 to No 4 grades with prices in fractions and decimals. Oats rye barley and specialty seeds follow with bid ranges. Lard ribs and bellies appear with dollar figures, reflecting commodities trading in the Chicago market.
Kansas City trading notes 209 wheat cars up 1c to 1c lower with prices for No 2 dark hard around 77 to 84c and Sept futures near 89c. Oats for 4 cars unchanged with No 2 white near 41 to 45c and No 3 about 42 to 44c. Nearby bids show quiet activity and mixed settling.
Minneapolis wheat receipts totaled 323 cars, far below last year’s 771. Cash grain prices show No 1 northern at 9.44 to 9.74 cents, No 1 dark northern at 15 percent protein, with Montana dark hard and amber durum bids and futures listed. Corn No 3 yellow trades around 95 to 96 cents, oats No 3 white about 37 to 38 cents.
Omaha August 9 AP market report lists wheat prices Dark hard No 2 9 1/2 to 9 3/4 cents No 3 8 7/8 to 8 9/10 cents hard No 1 8 6 to 8 9/10 cents No 2 8 1/2 to 9 1/2 cents Yellow No 1 9 2/3 to 9 3/4 cents No 2 9 1/2 cents Oats White No 2 38 1/4 cents No 3 38 cents.
St. Louis grain price report from August 9 shows cash wheat No. 1 red winter at 97 cents for 95 percent basis and No. 1 hard at 94 cents. Corn No. 2 yellow at 1.93 dollars. Oats No. 2 white at 42 and 421/2 cents.
Peoria grain market notes cash corn prices moved slightly lower to higher with No 1 yellow at 97 1/2 to 99 1/4 cents, No 2 yellow around 97 4 to 98 1/4 cents, No 3 yellow about 97 cents and No 6 white around 100 cents.
Minneapolis August 9. Unchanged shipments listed at 38,056 standard middlings with total value $25,506 and price $26.00 per unit. The brief market update notes steady trading for flour stocks in Minneapolis commerce.
AP report from New York on August 9 notes a butter executive firm reporting receipts of 11,522 cases. File details indicate a firm position in the dairy market and confirmation of shipment counts.
Application of August reports indicates butter prices steady while potatoes rise to two dollars. U S trade shows weakness in some sectors with slow activity in Kansas and Missouri and erratic corn prices noted amid overall uncertain markets.
Readable figures show New Jersey sacks at 2.00 to 3.25 per 150 pounds with Irish cobblers at 3.00 to 3.35. Minnesota and Virginia markets also list prices. Ohio and other conditions noted.
St Louis prices show eggs butter and cheese unchanged. Poultry prices rise for heavy hens to 18 cents, others remain steady.
Hay receipts reported four cars in Kansas City with alfalfa prices ranging from No 1 extra leafy 24 to 26 dollars, No 2 23 to 23.50, No 1 21 to 22.50, plus smaller lots at 11 and 10 cents. Other hay unchanged.
United States government bonds closed in New York with Liberty 349s at 101.1, First 4s at 102.6, Fourth 44s at 103, and Treasury 44s at 112.27.
Chicago hay market remains unchanged with receipts of six cars reported by AP. Toledo seed market also unchanged, with the Aug 9 report noting steady activity and prices.
New York August 9 reports dressed poultry steady and live poultry firm. Broilers delivered by freight 28 cents, by express 22 to 34 cents. fowls by freight 19 to 23 cents, by express 17 to 12 cents.
New York August 9 The bond market remained sluggish while corporate issues with ready demand moved in a narrow range. A small recession in averages followed a week of steady forward movement. Prime investment issues held firm as some minor selling paused advances in railroad and utility issues. Foreign government securities gained modestly, convertibles halted their slide, and U S government issues saw little action.
Quoted bond listings show diverse US and international issues with prices and percentages such as Armour of Delaware 1943 pulped, Belgian 6s 1955 104, Bethlehem Steel 5s 1936 103, Goodyear Tire 5s 1957 93, Atlantic group. International matches include French 7s 1949 120 and German 7s 1949 10575, with others like Canadian Native 1951 98% and Southern Pacific 4 1969 10015.
Maquoketa Iowa Aug 9 AP bandits who abducted 50 year old farmer Robert Moore and slain Tipton vigilante R G Sproat fled toward Illinois after Moore was released. Moore described the bandits traveling by road via Jackson county and East Dubuque before crossing into Illinois as pursuers widened the dragnet.
President Hoover plans a meeting with Hyde and Stone at a fishing lodge to organize state and county agency cooperation with federal branches and the Red Cross for drought relief. He notes about 1,000,000 farm families and 12 percent of livestock affected, with areas of acute feed shortages across multiple states. Heat wave grips the nation with extreme temperatures in Illinois Indiana Missouri and Kansas and river navigation threatened by low water.
Rev Norris C Dickey and wife were welcomed at Columbus Junction central Presbyterian church with 100 attendees. Dr E W McWilliams chaired and Rev Phillip Palmer and Rev C S Ramsdale spoke, responses by the Dickeys and W S Huston. Two selections sung then social hour with ice cream cake and iced tea.
New York stocks faced another wave of heavy selling with irregular closing prices 1 to 5 points lower. Trading was active in the first hour as profits were liquidated, but a late upturn drew renewed selling and a heavy closing tone. Analysts noted weak market breadth and expectations of reduced public purchases next week.
Davenport Des Moines Central Broadcasting lists ETN radio programs on NBC and CBS from Mount Mount Paramount Theater Des Moines with organ recital Dr Ralph Lockman hour Echoes of the Orient Silver Masked Tenor Tea Timers Catholic Services Mystery House baseball scores Food for Thought R Grocer Boys and more NBC CBS offerings across Aug 9 and Aug 11 including talks Weather forecasts and Farm Hour with many named programs and performers.
The listing outlines an Aug schedule for WBBM Chicago and WBEM stations with multiple time slots. It features band performances by Irving Aaronson and his orchestra, Tom Geruns Orchestra, Henri Gendron, and others along with CBS programs and a radio sermonette.
Radio listings outline Aug 10 and Aug 11 programs for WMT CBS and local stations in Waterloo including Crawford Organ performances Studio talks Liberty Bell airing and musical segments with Arabesque and Dancing by the Sea. William Leaf and Ted Fiorito with Hollywood Gardens Orchestra are noted with late night sign offs as the schedule wraps at 11:00 p.m.
A fragmented listing describes 80 000 watt WENR Chicago programming with times for light saving, concerts by Herbiennes Orchestra Irma Glen and Jimmy Green, NBC segments, weather, and air vaudeville. Off air times noted after 1 00 a m. plus National News Events and organ concerts.
At 6:00 p m Eventide Melodies and String I open the program followed by The Village Parson Philos at 6:15 p m and Family Concert Orchestra and Singers at 6:35. Off 8:00 p m. The evening resumes 7:00 p m with Eventide Melodies strings 7:10 p m Bill Wickland Bookshop 7:20 p m The Old Settler Musical and 8:00 p m WLS Singers perform rare part songs.
The listing details daily broadcasts from 5:00 p.m. to after midnight including Olsen and 5:00 p.m. NBC Catholic Service and various orchestra programs. Notable acts include Stone's Congress Orchestra, Russo's Beach Orchestra, Tony Nuzzo's Canton Garden Orchestra, and Jules Herbureaux Orchestra. Weather updates and news flashes appear at several intervals.
Salinas California AP reports actor Jack Pickford preparing for a third marriage to New York stage actress Mary Mulhern after filing notice at Monterey county courthouse. California law requires a three day waiting period before license. They expect to wed somewhere in Monterey likely Del Monte lodge once license issued.
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