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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 24, 1926
Page
8
Wheat prices fell amid improved spring harvest weather from Canada through the U S. Prices for corn and oats weakened with supplies easing and cash corn offerings light. Provisions held firm on rising hog values as clean oats and barley faced varied demand and damp grain hindered sales at many central western markets.
Chicago market reports show hog receipts at 20,000 with uneven demand and mixed price shifts. Hogs 210 to 240 pounds mostly $12.75 to $13.85. sows down to $9.75. Cattle receipts 11,000 with steers and yearlings firm, bulls steady, vealers up $0.50 to $1.00. Sheep 14,000 with fat lambs up about 25 cents and good western lambs around $14.75 to $15.00. feeders and culls mixed. Unofficial tomorrow tallies project 14,000 cattle, 15,000 hogs, 1,100 sheep.
Wheat values range across red and hard grades with No 1 red at 1.37 and No 4 red at 1.27. Corn and oats show mixed bids with No 2 yellow at .80 and No 2 white oats at .39. Rye and seeds list modest quotes with timothy at 5.00 and clover seed at 23.00.
The Chicago grain market sees rain and cool weather slowing wheat harvests while boosting corn. Analysts say warm sun is needed for corn to mature before frost as ears lag in some regions. Traders remain cautiously optimistic about European demand despite weak overseas consumption.
Wheat receipts total 203 cars with price ranges for No 2 dark hard to No 3 red. Close prices listed for contracts including Sent Dec and May. Corn and oats values provided for various grades and delivery months with minor discrepancies in OCR.
Quotations from Saylor and Wichelman concerning 409-410 Hershey Bide. Wire connections listed with J F E Bennett and Co of Chicago and New York. Phone details referenced.
The USDA weekly grain market review notes beneficial rains for corn but weaker prices, with declines of 2 to 4 cents per bushel across several markets. Wheat strengthens on lighter receipts, oats hold steady, and barley prices ease. Rain and warm spells improve corn progress from Ohio Valley eastward, while Missouri and Iowa see favorable conditions. St. Louis cash corn falls 2 to 4 cents, Cincinnati cash corn commands a small premium, and Omaha stock levels rise as large buyers step in.
Local markets report poultry prices from Swift & Co with leg horns at 17 to 21 cents and lighter birds at 15 to 19 cents. Eyes priced at 23 cents. Hog quotes from J P Squire Co show good butcher hogs around 360 pounds at 11.60, 250 pounds at 12.40, 180-200 pounds at 13.00, medium packers 250-300 pounds at 9.75, and heavy packers 300 pounds up at 9.40.
Chicago market notes show butter receipts 15 171 tubs with varying grades from 40c to 36 37 4c and creamery extras at 40 4c. Eggs receipts 11 394 cases with firsts around 29 30c and ordinary firsts 26 28c. Poultry alive firm with fowls 26 26c and turkeys 34c. Potatoes receipts 54 cars with U S shipments 488 cars trading steady. Futures list refrigerator firsts eggs 32 5c and butter standards Aug 39 4c to Dec 43 4c.
New York market notes show receipts of 10 953 titbs for butter and 25 500 cases for eggs. Hennery whites and extras quoted around 5 1 9 7 5 8 9 and 3 8 7 50c. Cheese futures and spot items listed with whole milk flats at 23 12 to 24 c and average runs at 22 2 2 c.
Kansas City reports Produce prices remained steady as of Aug 24 with no significant shifts noted by AP sources. Trading activity showed no major changes in quantity or market demand across fresh fruit and vegetables sectors.
New York August 24 auction report shows irregular live poultry on freight 25 to 29 cents, express 24 to 23 1/2 cents for broilers and 25 to 20 cents for fowls, dressed poultry prices unchanged as market weak.
The USDA hay market report for the week ending August 21 notes generally steady receipts with top grades selling briskly while low quality hay moved slowly. Rain hindered sales across regions. timothy steady, alfalfa firm, and prairie prices mostly unchanged with regional variations in demand and price.
Sioux City Iowa August 24 AP cattle receipts 2500 head market slow killers weak stockers strong fat steers and yearlings price ranges 7.00 to 10.25 bulk 8.50 to 10.00 fat cows and heifers 6.50 to 10.25 canners 3.00 to 4.25 grass cows 4.50 to 7.50 veals 5.00 to 10.50 bulls 4.25 to 6.25 feeders 5.00 to 8.00 stockers 4.50 to 7.75 stock yearlings and calves 4.00 to 8.00 feeding cows and heifers 3.50 to 7.00 hogs receipts 9000 market 15 to 25c lower top 13.10 bulk 10.25 to 13.00 lights 12.75 to 13.10 butchers 11.25 to 12.25 mixed 10.75 to 11.50 stags 9.00 to 9.50 pigs 12.50 to 14.25 sheep receipts 1900 market steady lambs 14.25 ewes 6.25
Receipts of 10 500 hogs with price ranges from 13 00 to 14 05 per cwt and sows to 19 75. cattle receipts 7 500 with bulls at 6 00 to 7 00 and cows 3 40 to 6 00. yearlings up to 10 75. sheep 4 000 with lambs to 14 25 and fat ewes 4 00 to 6 00.
In St Joseph Missouri on August 24, hog receipts reach 3,500 with prices around steady. Top hogs bring 13.49 while bulk sell near 10.50 to 13.25. Cattle receipts total 2,000 with steadier to higher bids. steers 8.60 to 9.65, top 10.15, cows and heifers 3.50 to 9.25, calves 5.50 to 13.50, stockers and feeders 5.59 to 38.25. Sheep receipts of 5,000 show steady to 19 cents higher. lambs 13.25 to 14.60, ewes 5.00 to 6.25.
Peoria livestock report shows hogs 2 000 head with prices 13 60 top and 9 75 for packers. Hogs overall 15 cents lower, lights and mediums range 12 85 to 13 60. Cattle steady with veals at 14 00.
Isolated weakness in United States Steel Montgomery Ward Woolworth and Canadian Pacific did not stop the uptrend as railroads saw stronger demand with July earnings seen as a new record. Northern Pacific and Rock Island topped their yearly highs while public utilities and food issues revived speculation. Call loan rates held at 4 1 2 percent.
Local items from Morning Sun Iowa include plans for a Winnipeg visit by Mr and Mrs James McKeown and son Ralph, a farm oversight by the Castens, church services at United Presbyterian on Sept 5, and various travels and visits by residents such as the McDonalds Otts and the Allen family. The W C T U hosts a lawn social, and a Presbyterian church social is planned. Nellie Hamilton arrives from Bogalusa and Miss Overholtz visits prior to the Hewitt Hamilton reunion. Susan Schock heads to Hot Springs to teach at Dorland Bell Mission school with stops in Alton and Asheville.
Grandview Ia August 24 The Dickerson reunion will be held in Grandview park on Sunday. Visitors include Otto Scheichert and Mrs. Charles McGill with daughter from Anoka Minnesota and Mrs. Jacobson with daughter from Des Moines. Laura Rexroth of Muscatine visits her parents and Geo Walters age 93 rides in an airplane.
Illinois City residents report weekend visits and travels across Iowa and Illinois. Ed and George Bridges from St Louis and Wilton Ia visited Coleman Brayton's family. Leonard Raush attends the state fair at Springfield while others travel to Wisconsin Minnesota and Fort Dodge for relatives picnics and reunions.
Mrs Sadie Ricking of Wellman is a guest of her sister in law Mrs J E Adams. A J Peterson D A Peterson and son visited relatives near Woodhill Il. Cedar Falls summer school attendees from local area include James Fitzgerald Dale Tame Joe McConnell Chick Mullin Dorothy Sands Merle Simkins Violet Moore. Richard Smylie returned from Camp Dodge after two weeks with the cavalry troop.
President Coolidge signaled a hands off stance in selecting a Republican nominee for New York governor this fall. After meetings with state GOP leaders, officials stressed discussions did not involve the governorship and the president does not plan to participate in that decision.
Kalona IA notes include visits and departures of residents Mrs. Charles T Weidner from Casper Wyo Mrs Fred Howard host W R C gathering Emery Kauffan of Ashton Ill dies after visiting Kalona residents Dan W Gingerich dies from paralytic stroke Cloyce Allen and Reita Mae Seydel wed in Iowa City George Carroll and family relocate to Victor IA Gordon Engstrom moves to Burlington IA Glen McFarlane starts as Edmondson department store clerk George and family visit from Hitchcock SD Russel Ray born to Mr and Mrs Melvin Stutzman A N Grady and Cleola visit Ohio Mildred Hays returns to Marion Ind with Mrs Frov er and two children Dorothy and Willis visit Indiana family reunion held on South farm Dr Roy Indian native to receive Ph D in Iowa City speaks at Christian church
Kenneth McChesney, four, suffered a badly lacerated hand Sunday while using a lawn mower. The Methodist Episcopal sewing circle plans an opera house entertainment Friday night featuring Edward Wright. Mr and Mrs L L Woodruff recently arrived and set plans for the new school year with Mr Woodruff appointed local school superintendent.
Development of coal believed found on nearly every Philippine island has begun on Cebu Batan and Zamboanga. Local officials indicate exploration and initial surveys will map potential reserves across these areas.
In Iowa City the rear of the Strub department store was entered late Saturday night or early Sunday. Bandits rifled the safe taking $1,000 in cash and leaving $700 in cash in a small drawer and checks totaling $1,000 in neat piles. Fingerprints were taken but no clues. officials say amateurs likely responsible.
Dirk Crissinger visits sister Mrs E Marolf and family plan to motor to Mansfield. John Rexroth heads to University Park on business. Irwin Kelly and family and James Marple family visit relatives in northern state. Vern Lear visits from Newton to see his mother Mrs Margaret Lear. Clifton Marold returns from Newton after a week with Aunt Vera Lear. Kephart couple to move to Missouri.
Miss Thelma Trautman returns from Cedar Falls after schooling last year. Frank Carl returns to Beaver Dam Wisconsin from summer with grandparents. Mrs Ed Brown learns of Louis Mack’s Denver death. Henry Kirchner buys and relocates a local grocery. Enos Shafer buys Poole building to remodel. Rev. Graham preaches at the Christian church and will return biweekly. Mrs Bertha Vandemaat to Vancouver with household goods this Friday.
Advertisement notes large granite dish pans priced at 39 cents each from Mc Questen Hardware Store. Local shoppers advised to visit the store for details and availability.
Wanted two firemen apply at once. H. J. Heinz Co. For rent six rooms and bath with garage. Phone 1777 B.
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