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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 11, 1930
Page
8
Chicago reports an early surge in market activity with cattle receipts around 7 000 head and hogs near 10 000 as bad feed conditions prompt heavier marketing. Prices show weak to 25 cents lower than last week’s close, light steers and heifers in demand at about 10.59, and 1 000 head of range cattle slow to sell in an overburdened market.
Prices posted from Ottumwa, Des Moines, Waterloo and other towns show prime hogs ranging around 7.65 to 9.10 per cwt for various weights. Receipts at Des Moines reach about 3,200 head with steady quotes for prime lights and heavies, while Mason City and other markets list differing weights and packer quotes.
In Chicago livestock figures for August 11, 15,000 direct hogs reported with active to steady demand. Heavyweight hogs up 5 to 10 cents. top hogs around 10.00. Bulk 170 to 220 pounds sold $8.75 to $9.25, packing sows $8.00 to $8.30, lighter weights $9.50 to $9.70. Compact market snapshot from IU S&S Agriculture.
Local grocers and markets post poultry prices with heavy hens at 15 cents and light hens at 11 cents. Eggs at 21 cents. Leghorn springs 15 cents, stags 8 cents. Hog quotations daily via J. P. Squire Co Muscatine Iowa with ranges for prime butchers 169 to 280 pounds and prices around 8.95 to 9.40.
Cattle receipts 17,000 head with calves 1,500. steers 600 to 1500 lbs mostly steady to 25c lower. yearlings mixed. Heifers good to common 550-850 lbs 5.00 to 10.75, cows 4.00 to 7.75. Vealers milk fed 9.50 to 12.00. Sheep 15,000 head. lambs 96 lbs down 8.50 to 9.65. ewes 2.25 to 4.40. feeding hogs 69 to 75 lbs 6.25 to 6.75.
Receipts of hogs 7500 steady with Saturday with price ranges for 140 to 250 pounds and sows and pigs listed. Cattle receipts 9500 with calves. fed steers light supply and steady at 9.75 to 10.50, others varied down. Slaughter classes with heifers, cows, bulls and feeders show multiple price bands across weight groups. Lambs and ewes also quoted with bidding patterns and price ranges.
U S Department of Agriculture figures show hogs: 8 000 head with slow to mostly steady values. Cattle receipts 15 000 head with killing classes steady to 25 cents lower and top yearlings at 10 50. cows and vealers show varied gains and losses across weight classes. Sheep receipts 3 000 head with lambs down around 25 cents and top lambs at 8 60.
South St. Paul reports cattle receipts at 4200 head with slow bidding and lower prices for killing steers and better stockers rising to 25 higher. Calves and hogs show mixed results with vealers down to 9 11 and hogs mostly steady to firm in lighter weights, with heavier weights easing. Sheep receipts at 2300 head largely steady with top ewes and wether lambs around 8.25 and buck lambs near 7.25, while common grades remain weak.
USDA livestock report from Sioux City Iowa notes cattle receipts at 5000 head with varied demand. fed yearlings steady, calves strong, stockers and feeders steady to firm, best light yearlings around 10.25, cows mostly 4.50 to 5.75, butcher hogs 9.15 to 9.50 for 170 to 250 pounds, 8.60 to 9.15 for 250 to 280 pounds, sows 7.75 to 8.10, heavy hogs ~7.50, sheep receipts 5500 with fat lambs steady to 0.25 lower and other classes scarce.
Hogs receipts 5000 head fairly active and barely steady light and medium weights top 9.65 bulk 160 to 239 lbs 9.50 four loads 265 lbs average 9.45 no heavies sold packing sows steady bulk 7.50. Cattle receipts 2200 head calves 700 head butcher cattle bulls and vealers few unchanged slaughter steers not established slower beef cows around 4.00 5.00 age 2.50 3.75 bulls 5.25 top vealers 9.00 range calves 7.25 8.00 plain feeders 6.00. Sheep receipts 6090 head lambs 15 to 25 lower. ewes steady fat ewes up to 8.60 suburban. Subscribe for the Journal.
In Chicago on August 11 the corn market rose on claims the crop is in poor condition with yields below expectations while wheat also gained on reduced European carryover and corn strength. Prices fluctuated. corn closed 3-8 to 1 1-8 cents higher, wheat marginally up, and oats in solid demand amid profit taking. Arrivals: 274 cars, up from a week earlier.
Wheat prices for various grades are shown along with corn oats rye timothy and clover seed prices. The data includes No 1 red No 2 yellow No 4 yellow and sample grade values with bids in dollars and cents per bushel or unit for Chicago Illinois.
Wheat and corn quotations from Omaha Neb report list various grades and prices. Dark hard No 2 ranges 83 and 86 cents, yellow hard and smutty grades vary. northern spring No 1 80s to 86 cents. durum and mixed types shown. Corn prices include White No 2 at 95 cents and yellow No 2 around 92 to 93 cents.
New York reports visible grain stocks with wheat up 10 309 000 bushels and oats up 3 926 600. Corn declines 630 000 bushels while rye rises 267 000 and barley increases 264 000 bushels.
Minneapolis reports market notes with flour unchanged and carload family patents priced at 6.25 to 6.35 per unit. Bran and tan materials listed at 24.00 to 25.00, standard middlings 25.50 to 26.00.
In New York auctions the Lone Receipts show 13 556 cases with mixed colors and assorted price marks for deway and seconds. Butter Receipts list 5 450 tabs with higher current pricing, noting No 1 at 24¢ and No 2 at 2½¢, plus regional hennery brown and white lots at 32–40¢ for extra and heavy grades.
Chicago and Chicago area markets report butter receipts at 3 206 pounds with creamery extras 37 percent and 36 1 2 cents for various grades. Poultry alive receipts include 4 cars and 3 trucks with fowls at 7 cents and sprigs at 2 cents.
The report lists prices and market notes with quotes such as Minnesota sacking Early Ohios at 1.60 to 1.80 and Nebraska and New Jersey prices near 2.00 to 2.20, plus a brief reference to storage standards and Butter- storage in November.
Kansas City Aug 11 eggs firsts six dollars a dozen butter creamery four and three eighths cents large quantities forty nine cents butter fat thirty three and eight tenths cents packing butter fourteen cents poultry hens eleven to fifteen cents broilers sixteen to twenty one cents roosters fourteen cents
The New York market reports dressed and fresh poultry with varying prices. Chickens sell at 22 to 36 cents for dressed, fowls 17 to 29 cents, old roosters 16 to 20 cents, turkeys 22 to 50 cents fresh and 32 to 44 cents frozen, ducks 15 to 18 cents.
Raw sugar remains at .322 per pound with no sales reported as August futures slip 1 to 2 points on late deliveries. Refined sugar holds at 4.50 per pound in New York trading.
Chicago hay buyers received 17 cars with Timothy selling at 15 to 19 dollars per unit, timothy clover mixed 13 to 19, timothy grass 13 to 18, clover 13 to 18, mixed hay 12 to 18, sample hay 10 to 12, alfalfa 18 to 24 dollars per unit. Prices vary by type and quality and reflect August market activity.
New York August 11 The stock market inched forward after three attempts as light liquidation and short covering supported a cautious rally. Rail and industrial issues moved with Atchison Union Pacific New York Central Pennsylvanian and Rock Island rising while Canadian Pacific lagged. American Can led gains among industrials and chemicals fell as Air Reduction and Allied Chemical declined.
United States government bonds closed with Liberty 3s at 101.1 and First 4 percents at 102.6. Fourth 41s quoted at 103 and Treasury 4 percents at 112.26.
Quotations furnished by Bond ment Muscatine State Bank for August 11. Prices shown for various government and corporate issues including Tel Tel 5s American, Belgian 6s, Bethlehem Steel 5s, Canadian National 4s, Goodyear Tire 5s, Inland Steel 4s, Shell Union Oil 5s, Sinclair Consolidated Oil 6s, Calif Edison 5s, Southern Pacific 5s, and others with percentage yields listed around 100% and above.
The bond market opened at a slow pace with small, fractional trading above Saturday’s close. Rail bonds such as Chicago Rock Island Pacific 4s and New Haven 4s were among the most active, while utility issues held steady to firm and Detroit Edson 5s rose.
Four Sing Sing convicts Irv ing Brown Joseph Oates Anthony Triano and David Weller were hailed as heroes after rescuing police chief J D Roosa and his wife and another man and wife from the Hudson River in front of Sing Sing prison.
King George returns to Buckingham Palace with the queen after a two week yachting break at Cowes. His health is said to be improved and the couple plan to stay at the palace until Wednesday then proceed to Sandringham and Balmoral. The queen sent daily letters to the Duchess of York awaiting an heir.
Nathalia Crane, a former child prodigy with four poetry books and two novels, marks her seventeenth birthday at her Brooklyn home. She says her seventh book, a long poem about a red army capturing the U S Atlantic coast and its defeat by eight poets, will be published in the fall.
Dispatches from Orizaba report a 20000 strong workers demonstration denouncing U S customs and dress, urging preservation of Mexican traditions and rejection of Yankee products. Banners proclaimed pride in being Mexican and retaliation against perceived Yankee disrespect.
Two workers inside a 125 foot chimney at Union Electric Light and Power in St. Louis were killed instantly when they fell from a platform near the top. Identified as Harold Walden 25 from Clearmont Indiana and Harold Gas 27 of Indianapolis.
Nine masked men used crowbars and sledges to force open a reinforced safe at the Jewish People’s Institute in Chicago. After two hours they plundered $3,000 in bonds and $1,000 in cash while the watchman and four employees were tied up.
A heavy rain landslide buries tunnel 19 on the Southern Pacific railway eight miles southeast of Tepic blocking all traffic. Two passenger trains passed on either side while ex passengers crawled through a narrow opening amid rocks and mud. recovery and clearing will take several hours.
Madrid August 11 The Spanish government has not decided the form of its reply to the American protest and will discuss the matter after completing a study.
Foreign market activity was subdued with few sales as the group held steady. Trade in North American and Mexican markets showed limited movement amid overall quiet conditions.
Coroner Herman Bundesen and aviation deputy Major Reed Landis summon aviators and technicians to probe a fatal monoplane crash that killed Orville Suchy and two sisters Mary and Eugenia Laws. Witnesses describe a lightning strike collapsing the wings as the plane plunged into a gas storage tank. New ordinance changes likely.
The British airship R-100 crossed into U S soil at Niagara Falls N Y marking its first US sighting during a western Ontario tour. It then returned over Canadian soil before a second low- altitude pass over the city. Later it reached Toronto skirting a 32 story bank building and city hall amid a large crowd.
Berlin Aug 11 AP Joseph Wirth German interior minister told the Reichstag the republic had made Germany safe for democracy though Versailles terms remain a thorn. He cited acute economic distress yet said the republic stands firm amid internal divergencies and that Germany under republican rule is the freest country in the world. President von Hindenburg listened as Chancellor Bruening spoke of Rhineland liberation.
Theodore Pizzino testified he sailed for a Pinkie retainer and left Detroit 11 days before the slaying. He denied knowledge of the Buckley killing though Cannon and Collins were killed in Detroit at the time.
New York August 11 AP Mayor Walker was subpoenaed to appear Wednesday before a grand jury probing charges that ex magistrate George F Ewald paid for his 1928 bench appointment. District Attorney Crain also invited Mayor Walker and former Tamany Hall chief George W Olvany to seek questioning in the case.
On the Texas border near Laferia Hidalgo county a gunfight with smugglers left Margarito Rodriguez 20 dead and his brother Victor 23 wounded. Authorities say the Mexicans fired first as officers pursued bootleggers who had killed customs inspector Burt Ellis. An inquest found Rodriguez died of gunshot wounds from the confrontation with lawmen.
The Catholic church, under Cardinal Hayes and Mgr. Michael J. Lavelle, begins a public opinion campaign to clean up New York theatre amid denouncements of indecency. Noted objections include Earl Carroll's Vanities and Lysistrata, as examined in the Catholic theater movement bulletin.
Chicago Aug 11 AP Bert Whalen of the National Automobile Racing association was killed at a Sterling track when a car swerved near the fence. Hours later his sister in law Bernice Whalen, treated for heart trouble, collapsed and died after being told of the accident. Whalen had stood outside the track to keep spectators back.
The Farmers National Grain corporation reported July purchases of 17,121,718 bushels of grain, including wheat corn oats and barley, marking the first month of the new crop season. Kansas City wheat receipts show 32 percent from the corporation's stockholders, with Omaha Enid and Wichita branches handling large volumes and St Paul Minneapolis Duluth and Great Falls ready to market more wheat for members.
The United States Children's Bureau offers advice on safe baby garments. The 1930s guidance warns against loose clothing and suffocation risks for infants, noting adults also wore shirts and slips that could be unsafe for babies in hot weather.
Columbus Junction Iowa August 11 Robert Johnston 23 son of Mr and Mrs R F Johnston living south of here and a student at Iowa State College died in the city hospital Ames Sunday night He was injured in an automobile accident and the body was brought home for the funeral which was incomplete awaiting word from relatives He had accepted a position with Swift and Company and would have graduated soon He is survived by his parents two brothers Burdette and William and a sister Miss Helen Johnston He was a member of the United Presbyterian church
Ag nes Orlikowski, 19, visited a Logan Square confectionery and mixed 20 grains of poison into a pineapple soda. She collapsed after several swallows. shop managers Anna Graves and Hope Dwelly drank a swallow each and fell ill but recovered. Orlikowski was in critical condition at a hospital. motive not given.
Davenport Iowa August 11 A P record breaking crowd of 5000 attended the opening Sunday of the Mississippi Valley fair and exposition which will continue through Saturday A feature of today's program when 12000 children are due to attend will be the four runne races Other race programs be held throughout the week
Chicago Aug. 11 AP A proposed uniform state law would require seven days public notice before marriage and thirty days for non residents. A uniform divorce law would recognize divorces across states with a year of residence. An act to regulate sale of pistols and license buyers was also proposed.
Twenty thousand delegates gathered in San Francisco for the thirty-second annual international convention of the Fraternal Order of Eagles. Old-age pension laws will be enacted and reported by Past Grand President and national chairman of the Eagles old-age pension commission. Subscribe for the Journal.
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