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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 22, 1930
Page
10
Market report notes hog receipts of 19 000 head with 5 000 held for packers and a price drop of 15 to 25 cents on light and butcher hogs. Vealers and cattle show mixed, with livestock receipts totaling about 30 000 and lambs steady to firm. Sheep and feeding lambs also reported with varied price movements across grades.
Chicago August 22 AP Prospects that liberal clearances of corn out of Chicago by lake vessels will be announced tomorrow led to a late upturn in corn prices today. Wheat oats and provisions joined the rise as confidence grew in corn market strength amid reports of continued crop deterioration since August 1.
Poultry and live stock quotes show prices from local grocers with 20 to 21 cents for poultry. Heavy hens and leghorn springs listed, with stags at 8 cents and lighter hens at 10 to 15 cents. Hog quotations from J P Squire Company in Muscatine reference prime butchers and extreme heavy categories with prices around 9 to 10 dollars and change.
Iowa hog markets report prices by city with receipts and ranges. Des Moines shows prime lights at 10.00 to 10.40, primes mid 9.65 to 10.15, heavies 9.15 to 9.75, packers 7.50 to 8.50. other cities list varying weights and prices for lights, mediums, heavies, and packers.
Hog futures report from Chicago shows December and light hogs trading with bids and offers for various delivery groups. Prices listed include light hogs at 8.90 bidding 11.60 for lights to arrive Monday and 9.00 for light sows, with other entries in the light, medium and heavy categories.
Chicago livestock receipts and sales show hogs mostly lower with some declines in later trades. Cattle and calves rose sharply with heavy gains on heavy beef cattle while stockers and vealers held firm with notable price ranges across weight classes.
Kansas City price report shows hogs 280 head direct 15 to 30 cents lower with top at 11.50 for around 210 pounds. Cattle receipts 1,500 head with steers and heifers varying. beef steers higher, many classes steady to higher, top 10.60 for 1,206 lb steer. cows and calves priced across a wide range. Sheep receipts 1,000 head with lambs up to 10 cents higher. native lambs top at 9.65 and other grades range 5.00 to 10.25.readability
Cattle receipts reach 2000 with heavies scarce and feeders up to 25 cents higher. Calves steady to firm with good to choice at 10.50 to 12.50. Hogs 7500 head slow with lighter weights down 20 cents and 160 to 230 pound hogs at 10.50 to 10.65. Sheep 2500 head with lambs steady to 25 cents higher and ewes steady. Local market reflects outside conditions.
Receipts total 10 000 hogs with 220 direct sales and prices varied by weight. Hogs ranged from 8.50 to 11.00 per cwt with top 11.00 for 210 to 230 lb butchers. cattle receipts 1 700 with fed steers 9.00 to 10.00. sheep receipts 12 000 with lambs up to 10.40 and range feeders around 6.50 to 7.00. Overall market mixed to steady with gains on lambs and strong demand for larger hogs.
Receipts total 9 000 hogs 800 cattle and calves 1 000 sheep with prices shown for various weight classes. Early top hogs $11.85 with common hogs down modestly from yesterday. Cattle values range from calves at $8.90 to dealers at $12.75 with other classes between. Sheep steady with lambs at $9.50 to $10.00 and ewes $2.75 to $4.00.
Cattle receipts 1000 head with active beef steers and yearlings steady and other classes firm. Hogs receipts 5000 head fairly active. top 10.90 for around 230 pound butchers. Sheep receipts 4500 head market fairly active and steady with western lambs at 10.00 and best fat ewes at 3.75.
Bay Market Chicago II reports August 22 with unchanged receipts and 13 cars loaded. AP dispatch notes steady flow as market activity remains stable for the period.
Wheat receipts 370 cars vs last year down 44 cents. Prices shown for No 1 northern at 89 to 92 cents with protein 14 to 13 percent. No 1 dark hard Montana 88 to 92 cents arriving 88 89 cents. Durum and amber durum bids around 83 to 89 cents. No 2 amber durum 82 to 87 cents. Red durum 73 to 76 cents. Sept 86 to 86.5. Dec 91 1/8 to 92 1/8. Corn No 3 yellow 94 to 95 cents. Oats No 3 white 36.75 to 37.76 cents. Barley 4 row not listed. Rye No 1 58 to 60 cents. Flax No 1 1.91 to 1.93 dollars.
Chicago cash grain prices list wheat and corn by grade with bid prices for No. 1 red to No. 2 red and mixed varieties. Oats and seed quotes follow with Timothy and Clover seeds. pork product prices shown for Lard Ribs and Bellies.
Kansas City market notes show wheat receipts 112 cars with mixed gains and losses across grades. Corn receipts 55 cars with modest downgrades. oats receipts 9 cars with slight increases for No 2 white and No 3 oats.
Wheat prices show hard and durum varieties with No 1 and No 2 classifications. Corn prices list White and Yellow types with No 1 and No 2 grades. Oats quoted for White Nos 2 and 3 with varying decimals.
Minneapolis flour market notes unchanged shipments at 38 241 barrels with Ban and Standard Middlings trading between 25 50 and 26 00 per barrel in Minneapolis on August 22.
Butter receipts total 9 877 tubs with firmer, higher values. Extra 92 score at 40 4c, firsts 39 3c to 41 0c, other grades quoted. Eggs receipts 12 235 cases with firm market. Mixed colors and nearby whites show varied prices from 38 4c to 35 0c for extras and averages.
Butter receipts total 10 543 tubs with creamery extras at 38 1 2 percent and standard 38 1 2 percent. Extra firsts 37 37 1 4 cents, firsts 35 36 cents, seconds 37 cents. Eggs 7 331 cases steady at unchanged prices. Poultry alive arrivals 2 cars 19 trucks. fowls 22 cents, general run 21 1/2 cents, springs 24 cents, brooders 22 cents.
The loading list shows roosters and turkeys trading at 15 to 18 cents, spring ducks at 17 to 20 cents, geese at 1 cent, with potatoes and red cars and total U S shipments noted. Prices for Nebraska Iowa Minnesota Missouri Idaho reflect various ranges and the market remains barely steady with butter and eggs listed with bids and storage standards.
St Louis and Kansas City market notes show eggs butter cheese unchanged. Poultry prices in St Louis steady with young chickens higher and turkeys down 5 cents. Kansas City hay receipts listed at 38 cars, market irregular but unchanged.
United States government bonds ended the session with Liberty 3 s at 101, First 4 s at 102.2, Fourth 4 s at 102.30, and Treasury 4 s at 112.16. In New York poultry markets dressed poultry remained steady per quotations from the Bond Department Muscatine State Bank for Aug. 22.
The New York bond market showed a firm undertone with selective buying and some irregularity in railroads. The Denver city and county 13.54 million 4 1/2s led new offerings while total weekly financing slid to 28.54 million, and Fed officials paused large purchases as gold exports fell. Utilities firm with Bell Telephone and Brooklyn Union hitting new highs while foreign dollar bonds stayed quiet.
Bear pressure faltered as investors balked at further declines while bulls pushed tobacco and merchandising shares higher on July consumption figures and seasonal retail gains. IBM rose amid big order backlogs, while Warner Bros faced a receiver petition and cash conservation amid ongoing mergers.
Dan Rorimer a temperamental young writer clashes with Continental Pictures. Anne Winter, Tulsa girl, earns a screen test while Eva Harley and Mona Morrison cope with Studio life. Garry Sloan pressures for a contract as Anne faces fame with friends Mona and Eva unsure about staying in Hollywood.
A historic Front Street residence at Cedar Street will be demolished to make way for a Continental Oil gasoline station. The 1848 building, once owned by John G. Gordon and later by Alec Jackson and others, changes hands through the years as Muscatine evolves from river transport to road traffic, with wrecking slated for early September after a deed transfer to Continental Oil is recorded.
County auditor C. H. Pitchforth urges sailors soldiers marines and widows or wives to file tax exemption claims now. Claims must be filed by Sept 1 or be estopped from obtaining exemption. as Sept 1 falls on Monday, filing by Aug 30 advised to avoid disputes.
Rev. E A Lack and Rev C E Ward lead services at Slegier Memorial Lutheran Church with Sunday school at 10 and morning sermon at 11. No evening service. Mrs Thomas Beatty listed as superintendent.
Attorney General Hamilton Ward formally opened the state inquiry into the charge that George F. Ewald paid 12000 dollars for his 1927 appointment to a city magistrate bench. Ward appeared in the supreme court and pledged full cooperation with the investigation and planned talks with Crain and U S Attorney Tut tle.
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