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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 21, 1930
Page
10
Official estimates show tomorrow’s receipts expected: hogs about 18,000 head and sheep around 16,000 head as stock and grain markets report steady demand in Chicago on August 21.
The Associated Press report lists Iowa hog prices by town. Cedar Rapids prime hogs 10.15 to 10.40, Des Moines prime lights 10.10 to 10.50, primes at Mason City and Ottumwa ranges, Waterloo prime hogs 10.10 to 10.40, with various weights and packers prices in between.
Chicago livestock receipts totaled 19 000 hogs with varying weights and grades. Hogs saw light weight gains and steady to weak tone while cattle and calves trade remained active with prices rising for yearlings and various weight classes. Buyers showed strong demand across cattle categories and lighter weights priced higher than late week values.
Poultry and eggs market notes show price ranges for various fowl. Eyes-Ieal grocers and markets quote 20 to 21 cents. heavy hens 15 cents. light hens 10 cents. heavy springs 48 cents. Leghorn springs 123 cents. stags cents. Hog quotations daily from J P Squire Co Muscatine Iowa. Prime butchers 169 to 280 vcounas 10.10 10.95. prime butchers 280 to 300 unds 9.99 10.05. extreme heavy batchers 9.35 9.75. butcher packers good heavy packers 7.70.
Rapid Canadian harvest movement spurred bearish grain tones with 1,076,000 bushels moved in 24 hours, versus 271,000 a year ago. Wheat closed 3-8 to 1 cent lower. corn firm with a 1/2 to 7/8 cent gain and oats up 5-8 to 1-1/8. Rain in Iowa Nebraska aided corn support amid moisture notes.
A market listing shows various lamb weight ranges from 69 to 150 pounds with corresponding prices from 1.00 to 9.50. The notes indicate categories such as medium to choice, good and fair quality, with feeders and cull/ common lots priced accordingly.
Reports from East St. Louis and South St. Paul show mixed cattle hog and sheep markets. Hog prices largely firm with early gains fading, cattle and calves steady to higher, and lambs and mutton showing modest strength amid varying offer sizes.
Omaha stock market report shows 13 000 hogs and 19 000 sheep and lambs with varied prices. Hogs mostly 10 to 200 higher with top at 11.10 cents per pound for 190 lb lights. cattle receipts 3 700 head with steady to firm prices. vealers strong. sheep and lambs steady to higher with bulk slaughter lambs 9.50 to 10.00.
U S Department of Agriculture report shows cattle receipts of 1 500 head with calves 200 head. Beef steers and yearlings up 25 cents. stockers scarce. many sales around 10 15 to 10 75 per cwt. Hogs receipts 7 500 head with prices 10 60 to 10 85 for 170 240 lb. pigs. sows 8 85 to 9 15. Sheep receipts 4 500 head with no early sales. native lambs firm around 9 25 up to 10 00.
Hogs receipts 5000 head with uneven bids. Early sales 10 to 20 cents higher, later 30 to 40 cents higher, top at 11.60. bulk 160 to 250 lbs 11.15 to 11.50. heavies scarce. Cattle receipts 2000 head with calves 300 head. slaughter steers and yearlings up 25 cents, some 50 cents higher on western low priced. cows strong. best midwestern steers 9.29 to 10.25. southern grassers 6.35 to 7.60. bulls 4.50 to 5.75. vealers 10.50. Sheep receipts 5800 head, active and firm. western tops 10.00, best natives 9.50, better grades 8.50 to 9.25. ewes 3.00 to 4.00.
Kansas City stockyards report receipts of around 4,000 head for cattle and calves with calves and hogs showing varied prices. Hogs advanced 30 to 40 cents from Wednesday's averages with top hog prices near 10.60 per hundredweight for 200 to 210 lb animals. Cattle demand remained active and steady with top 1020 lb steers at 10.60 and ranges for various weights from 8.00 to 11.25 per hundred. Sows and lightweight pigs traded between 7.75 and 9.75.
Report lists No 1 hard and other hard wheat at about 89 cents, No 1 northern at 88 to 92 cents, mixed wheats around 88 to 89 cents, corn values from 0.99 to 1.02 per bushel for various grades, oats at 39 to 40 cents, rye and timothy values, and seed Clover and meat packers prices including lard, ribs, bellies around 11 to 14 dollars per hundredweight.
Wheat receipts reach 655 cars in Minneapolis with price changes across grades. No. 1 northern and dark northern values vary by protein content, with No. 1 amber durum and red durum quoted. Corn Oats Barley Rye Flax prices listed, with September and December futures noted.
Wheat Hard No 1 8 3 4 84c No 2 80 Blige No 4 77 784c northern spring 79c durum No 4 74c mixed No c Corn White No 2 95c white No 4 92c yellow 1 92 95c No 2 3c mixed No 3 42c Oats White No 2 87Ke
In Peoria on August 21 AP reports cash corn rising with No 1 yellow at 98 to 16 cents, No 2 yellow at 98 to 14 cents, No 4 yellow 97 to 98 cents, No 6 yellow 96 cents, No 1 mixed 98 to 14 cents, No 2 mixed 98 cents, sample grade 90 to craft. Oats higher with No 2 white at 38 percent to 4 cents.
St. Louis price report lists cash grain for August 21 with No. 2 red wheat at 93 cents, No. 2 hard at 87 1/2 cents, corn at 1.00 to 1.01 per bushel, oats at 39 to 41 1/2 cents, and No. 1 white oats at 40 1/2 cents.
Live cattle ranges mid six to nine dollars per hundredweight with bulls heifer and cow categories cited. Vealers milk fed mid to upper teens, stocker and feeder steers strong, sheep and lamb receipts around 5 000 head with lambs up to ten dollars per head and mixed weights showing varied demand.
Peoria Iowa receipts show higher trend with cattle scarce. Feeder and hog trade steady to higher. hogs 1.50 to 2.0 higher, bulk price around 11.25 to 11.59 per hundredweight. no cattle reported.
Report notes family patents price a bar at five dollars eighty to five dollars ninety cents for cotton sacks, with shipments arranged under Standard T0950 procedures.
Chicago produce notes butter receipts 5075 tubs steady and milk raceiget firm. Poultry receipts two cars and 28 trucks with fowls, broilers, roosters and turkeys priced in cents per pound. potatoes on track 140 cars and U S shipments 93 cars with Wisconsin and Minnesota sacked varieties priced per hundredweight. Closing futures show eggs refrigerator standards and butter storage standards for November.
Receipts total 14 120 cases with mixed colors and closely selected grades for firsts and seconds. Prices for nearby western hennery white items show close to 35 40 cents for extra. 31 9 34 cents for average extra. Sputter receipts amount to 11 833 tubs with creamery products higher than extra and scores ranging around 92 to 91.
St. Louis prices show eggs higher in early trading. Missouri No. 1 eggs quoted at 23 1/4 cents. Butter cheese and poultry unchanged as markets open in St. Louis Missouri.
Kansas City reports eggs and butter steady with minor fat variations and poultry prices cited. New York raw sugar holds at 3.16 and refined at 4.35 while poultry remains irregular. Chicago hay market shows unchanged prices with 15 cars received.
New York reports United States government bonds ending: Liberty 815s at 100.4, First 44s at 102.1, Fourth 44s at 102.30, reflecting a balanced session with varied yields across issues.
Bond traders noted firm demand for carrier obligations lifting rail issues over the past two weeks. Bergen city of Norway issues 5 per cent gold bonds and Denver water bonds expected to hit the market. Railroad bonds led activity with several issues reaching new highs while U. S. government securities drew little attention.
New York August 21 AP the latest baby bull market stalled as professional traders split into bears and bulls over price direction. Trading remained stagnant with most pivotal shares within a point of last night’s close as Gillette Autostrop faltered and rails declined, marking notable lows for several issuers.
Newport Illinois August 21 The defending champion William Tilden faces Gregory Mangin in the Newport casino tennis draw as he seeks a place in the semi finals. Tildens Davis Cup teammates George Lott Wilmer Allison and Johnny Van Ryn also appear plus matches involving Sydney Wood Frank X Shields Frank Hunter and others.
Walter Hagen electrified Orion Michigan with a 67 in the Western Open qualifying round at Indian Wood, a course record, followed by a 66 in practice. He led a strong field including Armour Smith Mehlhorn Farrell Watrous and the Espinosa brothers as 121 players vied for 32 automatic spots and 84s or better to advance.
In London on August 21 AP reports the Prince of Wales eased an elderly London resident Miss Raymond by sending a hunting costume statuette after a mishap at a hotel during the England vs Australia cricket match. A letter accompanied the gift expressing regret over a broken vase and a wish for her happiness.
The Rev Rendall of Muscatine praises President Hoover for pausing at a Liverpool Pa church to worship God. He lauds Hoover's character and urges Americans to follow the president’s example of faith, morality, and service as Iowa and Pennsylvania commemorate his visit. Overcrowding the refrigerator prevents circulation of cool air and cuts down its efficiency.
Miss June Lingo daughter of Dr A M Lingo 1621 Mulberry avenue will be among 244 candidates for degrees at the University of Iowa August commencement exercises marking the close of the summer term She has a BA from Iowa 1927 and a MA with thesis A Study of the Poetry of Christina Rossetti She has taught in public schools and is presently at Jefferson school Other eastern Iowa candidates include Walter Matthews Tipton O Ray Bontarger Lone Tree Melvin Gingerich Washington Cecil Marsh Wapello Bertha Schneider Riverside Emily Shields Washington Martha Blackburn West Branch and 23 others will receive the MA degree and 23 each the MS and PhD degrees.
A Romanian statesman close to the Bucharest court cites the king's obstinate stance on reconciliation as the reason for delaying King Carol's coronation. The monarch argues his exile and departure were political, while his wife followed rivals and demanded divorce, blocking reconciliation.
Antofagasta Chile Aug 21 AP The north central coast of Chile wakes to aftermath of floods that tore through the region yesterday and Tuesday causing extensive damage to hundreds of buildings. Casualties are feared as torrential rains lashed areas north of the city and near Taltal where a girls college wall collapsed and telegraph poles sagged disrupting communications.
Washington August 21 AP Chairman Legge of the farm board urged farmers to feed mixed rations to all livestock to prevent a stampede to market. He warned that using rye, wheat, oats and other surpluses in mixed feed could curb an unnecessary rise in food prices later.
The Dollar Savings Bank of St. Columbus, Ohio, failed on August 21, with authorities suspending operations and arranging hearings to protect depositors and arrange orderly closure and liquidation of assets.
Large crowds attend the Columbus Junction Chautauqua with a concert by the local band under Vernon Brown and a screening of Grumpy. C. Ray Hansen spoke on Government by Gangland to drum up ticket pledges for next year. Reunion attendees and local residents attend events and services.
Dr. J B Smith long time pastor of Muscatine First Baptist and his family attended a reunion with former residents in Corning California. The visit marked the first meeting with Mr and Mrs R O Brandt and their guests at 1620 Mulberry Avenue Muscatine. Ruth Brandt, secretary of Associated Charitable Societies in Oakland, had spent years in the west.
Ruth and Esther Nichols act as business callers in Iowa City and Cedar Rapids. Mrs G A Metheny spends Wednesday in Cedar Rapids with relatives as Mr and Mrs Marion, who had been visiting Cedar Rapids, return home on Wednesday.
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