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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 14, 1930
Page
10
Chicago reports aggregate livestock receipts for tomorrow with hogs at 16 000 head and cattle 2 000 head. Pack ers compete to push hog values to about 10 1/4 dollars as light hogs gain while broader supplies shrink. Cattle bids rise with heavy steers near 10 dollars and heifers around 10 65 as direct bills reach 300 counts.
The Associated Press reports Iowa hog prices by market with Cedar Rapids Des Moines Mason City Ottumwa and Waterloo quotes. Prime lights range about 8.90 to 9.45 dollars per hundredweight and weights vary by class.
Hog futures in Chicago August 14 show Sept. delivery bids around 10.25 for lights and 10.30 for 9508 medium. Oct contracts display varied offerings with 10.50 and 10.00 levels. Trading notes include unsettled bids and scattered prices across light and medium categories.
Chicago August 14 AP reports hog receipts total 5 000 with bids 15925 to 160 and higher. Prices list by weight show 160-230 lbs at 10.10 to 10.25, 240-310 lbs 9.75 to 10.19, packing sows 8.40 to 8.75, light to heavy weights 9.50 to 10.35 depending on class.
Poultry and eggs prices listed at local grocers and markets with eggs at 21 cents. Poultry values show heavy hens 15 cents, light hens 11 cents, heavy 12 cents, Leghorn springs 15 cents, stags 5 cents. Livestock hog quotations daily via J P Squire Co Muscatine IA with prime butchers 160-280 pounds at 9.69 to 9.80, 289-300 pounds at 9.00-9.20, extreme heavy butchers 8.75-9.00, butcher packers 8.15, good heavy packers 7.50-8.00.
Livestock receipts show cattle and calf volumes with mixed price moves. Yearling and steer values rise to about 10.75 while heifers and cows trade in lower bands. sheep and lambs remain active with higher packer quotes and broad weight ranges across categories.
U S Agriculture report from Kansas City notes hog receipts around 4000 head with prices rising across weight classes up to 250 pounds and heavier hogs. Cattle receipts near 2000 head show killing classes active with mixed gains, vealers and stockers steady. sheep receipts about 6000 head with lambs up 15 to 25 cents and various fleece ranges.
Cattle receipts reach 1,800 with strong to higher bids for most killing classes, light steers and heifers showing action, calves 1,200 head steady to up, hogs at 4,000 head active and mostly higher, sow and pig prices mixed, sweep lambs at 9,000 head opening steady for natives while select runs push to 8.50 for best lambs.
Receipts total 8,500 hogs 3,200 cattle and 13,000 sheep with prices advancing. Hogs top 59.85 for 180-200 lb, cattle firm with fed steers 7.75 to 9.50, yearlings to 10.60, and sheep lambs about 25 cents higher with range slaughter lambs at 9.00 to 9.25 and ewe tops near 4.00.
U S Department of Agriculture price report from St Joseph Missouri shows hogs receipts about 3200 head with early gains 15 to 25 cents but late sales to packers down 15 to 25 cents. Cattle receipts near 1800 head with fed cattle steady to higher on some grades and stockers up. vealers and calves mixed with top values near 9 dollars. Lambs strong to higher with western grades around 9.25 and ewes steady.
U.S. Dept. of Agriculture notes hogs firm to higher with 149 to 160 lb hogs at 9.95 to 10.24, 160 to 200 lb at 10.10 to 10.50, 200 to 250 lb at 9.50 to 10.35, sows 275 to 500 lb 7.75 to 9.23, pigs 100 to 139 lb 8.90 to 9.25. Cattle receipts 2900 head, calves 1500. steer prices 8.25 to 11.00 for 60 to 1100 lb, heifers 8.00 to 10.75, bulls 6.00 to 8.00, vealers 10.00 to 11.50. market generally steady with some demand shifts.
Wheat advanced after reports that Canadian growers pool funding would be bank backed and governments would guarantee loans. U.S. export business reached about 1,000,000 bushels with Liverpool and Chicago prices widening to roughly 18 cents. Wheat closed 7-1 4 to 11 4 cents higher, with corn mixed and oats up slightly. Arrivals of corn in Chicago reached 258 cars, up from a week ago.
Wheat prices range from No 1 red at 84 to No 2 red at 88 cents per bushel with hard red futures around 88 1/2 cents. Corn values show No 1 mixed at 98 1/? cents and No 1 yellow near 89 cents. Oats and rye noted with mixed white oats and various white markets. Timothy seed at 5.50, Clover seed 16.75 to 18.25, lard ribs bellies at 10.82 14.00 14.25.
Minneapolis grain report shows wheat receipts at 297 cars, down from 438 a year ago, with cash bids posting gains. Prices listed for No. 1 northern and dark northern wheat, durum and amber varieties, plus No. 3 yellow corn, No. 3 white oats, barley, rye, and flax bids, including arrivals and contract months.
Wheat receipts totaled 292 cars with prices for No 2 dark hard around 87 cents and No 2 red at 84 cents. Nearby contract quotes Sept at 83 1/2 cents and Dec at 88 1/2 cents as corn receipts reached 83 cars with no change in price.
Receipts at market include 1 000 sheep with active lamb trading and steady prices. Lambs at 90 lbs sell from 8.00 to 9.00 for choice, 6.50 to 8.00 for medium. ewes 90 to 150 lbs bring 2.25 to 3.50, cull and common 1.00 to 2.50. Cattle types include stocker and feeder steers all weights 5.75 to 7.25, culls 3.50 to 7.50, and common 3.50 to 5.75.
Sioux City Iowa August 14 cattle receipts 2500 head calves 200. fed yearlings strong, mature steers steady. three loads 900 lb yearlings at 10.25, 1270 lb beeves at 9.25. hogs 7000 head demand active. prices aided by shipping and light butchers 9.35 to 9.89 for latest loads. sows 8.23 to 8.50. sheep 1500 head native lambs steady to light trade at 9.35 or better.
Prices for corn and oats move lower with quotes for No 2 white at 94 cents for 4c, No 3 at 93 95 cents, and mixed and yellow varieties around 93 to 95 cents. September tentative at 92 44 cents, December at 87 cents, May at 92 cents. Oats fall 2 cents to 18 cars with No 2 white at 40 cents and No 3 at 39 cents.
Omaha price report lists wheat grades from dark hard to durum and corn heap quotes. Prices show No. 4 Sic hard at 82 1/4 cents, No. 3 around 77 to 79 cents, durum 79 cents, mixed corn at 93 4/4 to 92 1/2 cents, with other minor quote variations across grades.
Bran and standard middlings remain unchanged. Shipments total 32 134 barrels with no variation in distribution or packaging reported.
Butter receipts 4906 tubs and eyes 6706 cases steady with prices unchanged. Poultry alive receipts 3 cars 32 trucks. fowls springs 24c broilers 22c roosters 15c turkeys 15 18c spring ducks 14 11c. Potatoes on track 19 cars and 691 cars white stock firm red stock slow. Irish cobblers prices for Missouri New Jersey Nebraska $2.00$2.15. Wisconsin $2.20 $2.40. Early Ohios Minnesota $1.60 $1.70. Futures closing shows butter storage standards Nov 41 Sc.
Eggs receipts total 17,705 cases with irregular quality. color variation noted. Prices: extra first 24 26 cents, first 22 23.5 cents, seconds 19 2114 cents. Butter receipts 8,091 tubs up. creamery butter higher than extras at 40 4014 cents, extra 92 score 39 to 36 14 cents, first 88 to 91 score 36 14 cents.
New York August 14 AP Poultry prices show fresh turkeys at 22 to 40 cents for untrimmed and 32 to 45 cents for frozen. Live poultry markets remain steady with little change observed.
St Louis market reports show eggs and butter steady, poultry mostly steady with spring ducks up 2c. Chicago hay receipts total seven cars with no change, Kansas City hay also steady with 36 cars. New York raw sugar remains firm at 3.18 with futures steady near midday and refined at 4.50.
New York stocks drifted lower with 1 to 3 point declines as bears retreated amid rumors of bank support at low levels. Gains appeared in American Tobacco B Allied Chemical Atchison and Case while Republic Steel and International Paper weakened to fresh yearly lows. Copper price cuts nudged trading, call money eased, and outside market liquidity remained ample.
New York reports institutions bid for select high grade railroad and utility bonds near year’s best prices. Municipal financings totaled about 20 million dollars. Detroit offered 15 million in 2 percent tax anticipation notes and West Virginia 5 million in 4 percent highway bonds amid steady demand.
The list shows stability in the foreign group and new year highs for Canadian National. Norfolk and Western 4s inactive but peaked, American Telephone collateral 5s, Western Union 5s, Rock Island 4s and New York Telephone 4s sold at year end lows. Chesapake and Ohio 4s, Erie 5s or 6s, New York Central 5s, Southern Railway 530 remained firm.
United States government bonds ended the session with Liberty 312s at 100.28 First 44s at 102.4 Fourth 4s at 103 and Treasury 4s at 112.2. Market activity showed varied demand across issues as investors assessed yields.
Dollar day bargains drew large crowds to Muscatine downtown shops before opening hours. Shoppers queued early for first pick of offers as Saturday crowds filled streets, with expected steady afternoon shopping. Many extraordinary dollar day deals were advertised this year.
Madison officials report special counsel Carl N. Hill and Theodore W. Brazeau advised Governor Kohler that action against Lieutenant Governor Henry A. Huber for alleged corrupt practices should be dropped. The August 14 information comes from Madison sources. The case involved state corruption Act allegations and was under prosecution by the two special counsels.
Oklahoma City reports William Osborn a Mt. Ayr Iowa farmer living with relatives in Oklahoma City was killed in a vehicle crash near Chandler when his car skidded in sand and overturned. He leaves four children including Mrs. Frank Horne of Mt. Ayr.
Virginia Isabelle McCray born August 2 1862 near Mediapolis married David L. Morris March 18 1884. She died August 14 at age 68 at the family farm five miles south of Wapello. Survived by Morris husband three sons Milo Walter Earl six grandchildren two brothers N B McCray and Frank McCray and an adopted sister Mrs Frank Smith. Burial in Wapello cemetery. funeral arrangements incomplete. She was a Christian church member.
Grandview residents report callers and visits from Oakville Fairfield Wapello Galesburg Colfax and Muscatine. The Kemp reunion is set for Columbus Junction on August 24. School bids due August 20 at 8 p m and various family visits and travel updates appear throughout the list of names and places.
The Columbus chautauqua begins its 29th annual event Monday at 8 pm with the Oakley Concert company and a full week of programs. A tent from Geneseo Illinois will be used, and acts include Light Opera Mirror company, Axel Christensen, a mystery play Grumpy, and lectures by Julius Van Der Lecht and Ray Hansen.
Sioux City Iowa reports El Paso police have no record of Rudolph Oakley who was fatally shot during a grocery store robbery. Oakley last worked at a hamburger stand and told officers his death would clear up things in El Paso. He asked to notify a woman in a Juarez cabaret. He had a wife in Nebraska.
County auditor Co H Pitchforth announced offices in the court house would close next Wednesday afternoon August 20 to allow county employees to attend the West Liberty fair. Muscatine plans a large delegation but no official Muscatine day is set this year.
Col. Junction churches announce a noon picnic in the Port Allen school yard tomorrow. Numerous local residents are noted visiting relatives, and a tomato canning factory opened with twenty five workers.
The Women’s Relief corps planned to join the chautauqua committee for the coming event. Local threshers and families held a social at the George Burge home celebrating the year’s threshing. Residents and visitors attended funerals, trips, and family visits across Morning Sun and nearby towns, including Cyprus, Chicago, and Pittsburgh connections.
Walford Bros. report in Conesville says heavy rain is required now to save watermelons in Muscatine Island and Conesville districts. Melon fields are ragged after a dry spell, cantaloupes and sweet potatoes showing better prospects. Shipping currently 400-500 crates daily, with two refrigerator cars moved. outlook glows for 700-800 crates daily next week if rain arrives. Harvest of sweet potatoes could begin Sept 15 if weather cooperates.
State Leader El lsworth Richardson, Iowa Farm Bureau woman’s committee chair, will speak at the Dayton Fairfield Township Farm Bureau picnic Saturday at Onion Grove two miles northeast of Clarence. Dinner begins with a cafeteria meal at noon.
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