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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 13, 1930
Page
8
Chicago hog prices surged at the open as receipts were smaller than usual. Heaviest hogs sold to $9.85 with some 170 to 220-lb lots trading around $9.90 to $9.95. East dressed pork trade remained sluggish while packers moved on heavy hogs.
Livestock prices outline mixed hog cattle and lamb quotes from Muscatine based traders. Receipts show 10 500 cattle, 2 000 calves, with ranges for prime butchers, heavy packers, and slaughter cattle, alongside sheep and lamb figures and feeder notes.
Trading quotes in Chicago for August 13 show September hog futures near ten dollars. Light hogs bid up to 10.95 while mediums reach 10.00. heavies around 10.20. Snapshot reflects active bidding across light medium and heavy categories.
The Iowa hog market reports price ranges by city. Cedar Rapids shows prime lights at 8.90 to 9.15, mediums 8.80 to 9.00, heavies 8.40 to 8.60, packers 7.15 to 7.70. Des Moines receipts steady to higher with prime heavies 8.15 to 8.60 and packers 6.75 to 7.75. Mason City lists varied weights from 7.50 to 9.20 with prime heavies at 8.40 and packers around 7.25 to 7.75. Waterloo prime dogs lights 8.85 to 2.15, mediums 8.55 to 9.00, heavies 8.30 to 9.60, packers 6.80 to 7.70.
Chicago hog market notes receipts of 13 000 head with 2 000 direct market. prices move up 10 to 15 cents. Top price reaches 10.10 with loads near 10.05. 170 to 180 lb hogs fetch 9.90 to 10.00. lighter weights range 9.25 to 9.95 and 160 to 200 lb hogs 9.80 to 10.10, while 200 to 250 lb hogs trade around 3.70.
Hogs receipts 5,000 head with direct 10 to 15 cents higher. top hogs at 9.80 for 180 to 220 pounds and varied prices across weight ranges. Cattle receipts 5,000 head with steady to strong tone. yearling and light weight steers see most action. cows and vealers priced across multiple weight classes. Sheep receipts 4,000 head. lambs 15 to 25 cents higher. top lambs 9.10 with other grades priced per weight and class.
Aug 13 market notes cattle receipts 2000 head calves 200 yearlings steady overall. maturing steers slow. stockers and feeders scarce. hogs receipts 8500 head with strong to higher prices. top 9.60, bulk 9.25 to 9.50. sows 7.90 to 8.25. sheep receipts 3000 head lambs steady to strong with best westerns at 9.00 or more.
United States government bonds closed with notable figures: Liberty 3 2s at 101, First 4 4s at 102.2, Fourth 4 1/4s at 102.31, and Treasury 4 4s at 112.24.
The United Presbyterian kittenball team from Columbus City defeated the Ainsworth team 12 to 7 in a Tuesday game. Players included Lester Orr Russell Gilkey and W. G. Robertson with several others and substitutes joining a Columbus City delegation.
Heavy selling by eastern linked houses pushed wheat and corn down in late trading. Secretary Hyde’s remarks on food stocks were seen as bearish, while export buying for wheat remained strong. Prices fell across all three futures months and oats and provisions declined as well.
In Saint Louis Missouri on August 13 the market shows eggs and cheese unchanged while butter is higher. Creamery extras and standards run 39 cents and 35 cents for firsts and seconds respectively. Poultry remains unchanged except for springers which rise to 24 cents.
Cash staple quotes show No 1 red wheat at 44 90 14 cents, No 3 red 90 90 cents, No 1 hard 89 9144 cents, corn mixed 1.01 to 1.02, No 1 yellow 1.01 1.02, oats various seeds 38 41 cents, rye 65 cents, Timothy seed 5.25 to 5.50, Clover seed 10.25 to 17.75, lard 10.50, ribs 14.00, bellies 14.25.
Minneapolis wheat receipts reach 447 cars, down from 575 a year ago. Cash No 1 northern at 86 and 14. No 1 dark northern 15 percent protein. Prices listed for amber durum, red durum, and other grains across futures contracts and cash bids. Corn, oats, barley, rye, and flax values shown with assorted percentages and delivery months.
Wheat receipts reach 142 cars with gains and losses: No. 2 dark hard 84 87 3 4 cents, No. 3 82 85 cents, close Sept 82 87 cents, Dec 87 84 cents. Corn receipts 55 cars ease 2 3 4 cents: No. 2 white 96 97 cents, No. 2 yellow 96 9 9 cents, close Sept 92 3 4 cents, Dec 87 3 4 cents. Oats receipts 16 cars drop to 2 3 cents: No. 2 white 42 42 2 cents.
Omaha grain market report from August 13 shows bid prices for wheat and corn with various grades. No. 1 hard red winter and No. 2 Teele oats listed, northern spring durum quoted, corn values for White No. 1 and yellow No. 1 given, details truncated.
Family patents quoted 5.90 to 6.00 a barrel in 98 pound cotton sacks for Minneapolis flour. Shipments total 37,218 els. Bran priced at 24.50 to 25.00. Standard Middlings 25.0 to 26.0.
Chicago Illinois August 13 AP Butter receipts 4752 tabs firm creamery extras 384 to 372c standards 38 12c extra firsts 37 372c firsts 35 36c seconds 33 34c eggs receipts 8434 cases firm prices unchanged fowls 22 22ec springs 25c broilers 22c roosters 14c tur keys 15 18c spring ducks 14 18c spring geese 12c potatoes receipts 35 cars on track 173 cars total US shipments 523 cars white stock firm red stock dull sacked Irish cobblers New Jersey 2.10 2.20 best Nebraska 2.00 2.15 Wisconsin 2.05 1.10 Missouri 1.75 1.95 Minnesota sacked Early Ohios 1.60 1.70 Virginia barrels Irish cobblers 3.40 closing futures eggs refrigerator standards Nov 4c butter storage standards Nov 4l ec
New York on August 13 reports butter receipts totaling 15 086 tubs with strong demand. Creamery firsts bring 25 to 28 cents as current make No 1 and No 2 prices hold. creamery pack stock steady. Prey Sectints total 24 754 cases and mixed colors remain unchanged with other grades steady.
New York poultry prices show dressed roosters at 16 to 21 cents, turkeys 22 to 45 cents, frozen 32 to 45 cents, live broilers 20 to 27 cents by eye, 13 to 32 cents by express, fowls 18 to 23 cents by freight, 15 to 23 cents by express. St Louis hay market remains unchanged.
Reports from Indianapolis and Glendale describe Captain Frank Hawks pursuing air records east to west and Pacific to Atlantic. Hawks hoped for a 12 hour plus flight, weather favorable, after previous long endurance attempts.
The Hunter brothers planned to regain the record with a flight by John and Kenneth in the endurance ship City of Chicago. Walter and Albert Hunter would pilot if attempted, with refueling by Harry Perkins. Perkins estimates the Jackson O Brine flight cost about $100,000 in contracts that could have followed if the Hunters had held the record.
Robert Garrett aged 71 died in Joplin Missouri during a visit and will be brought to Wapello for funeral services at 10 AM in Wapello cemetery led by Reverend C E Burdine. Survived by brothers Ed Garrett C A Garrett and Walter Garrett. Oscar Bird 67 longtime Louisa County resident died at the Dan Hicklin home. Burial in Wapello cemetery.
Robinson faces Republican incumbents in Arkansas as the contest shapes up with clear path to victory. The race centers on party loyalty and local support amid a crowded field and shifting voter sentiment.
W. M. Stebbins concedes the Norris nomination based on partial returns from 2,030 precincts. Stebbins’ manager Walter Kiechel blames Democratic entrants for the loss, calling it a violation of the primary law and accusing Norris of political dishonesty. He asserts Nebraskans favored Stebbins as their U S senator and warns of a Republican crisis.
Tom Robinson, 62, of Farmington, Iowa, and Gilbert Buford, alias Kemmer, 37, of Memphis, Missouri, pled guilty to conspiracy to defraud and were sentenced to up to three years in the Ft Madison prison. Judge D W Jackson rejected parole for Buford but signaled possible future action. Robinson took blame for the scheme involving Illinois farmer Jerry Koetting with a $30,000 investment plan.
Weather relief arrives as frost spared most corn though some damage is possible. Reed notes sweet corn and popcorn losses likely. canneries expect a small pack in central to western Iowa, a good pack in the northeast. Garden truck, fruit scarce. late potatoes near failure. pastures brown. Water supply endangered on many farms. timothy seed yields up but acreage down. need timothy and clover seed.
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