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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 28, 1930
Page
12
Chicago reports Labor Day holiday dampens cattle trading as buyers hold bids steady for most grades. Receipts rise with 2,000 cattle, 15,006 hogs, 6,900 sheep expected tomorrow. Hogs open slow. bids for top quality at 11.30 to 11.40 are rejected while earlier day values slipped from yesterday.
Iowa hog markets report prices by city with ranges for prime lights and mediums in Des Moines Cedar Rapids Mason City Ottumwa and Waterloo. Notable figures include Des Moines prime lights at 9.75 to 10.25 and Mason City best lights at 10.90 with other weight classes listed.
AP report shows hog futures on August contracts trading mixed with arrivals for tomorrow. Prices listed for lights, mediums, and heavies vary by delivery date and weight, with bids around 11.50 for lights and 11.20 for mediums, while heavies fluctuate near 10.85 to 9.50.
AP dispatch notes hog receipts with 3 direct bids slow and lighter weights while butchers run 15c lower. Top at 11.40 with 170 to 220 lb classes 11.25 to 11.40 and lighter 140 to 160 lb at 10.25 to 11.35. Weights 160 to 200 lb 11.10 to 11.40, 200 to 250 lb 10.85 to 11.40, heavy entries mixed.
Market report lists eggs at 20 to 21 cents for grocers, various hen and spring prices, plus hog quotations from J P Squire Co. Livestock receipts show cattle, calves, and hogs with steady or weak bids. sheep receipts at 17,000 head and lambs and ewes with wide price ranges for different grades.
Sioux City IA August 28 Cattle receipts 2500 head calves 200 slow to steady demand with some cuts down 25 cents fat stock and bulls steady stockers scarce prices listed 1029 lb yearling at 12.15 1210 lb beeves at 12.00 1414 lb bullocks at 11.75 grain fed 9.75 plus 925 lb heifers 10.50 most beef cows 5.00 to 6.25 stockers around 8.25 vealer top 9.50 bulls 5.50 to 6.25 Hogs receipts 7500 mostly 25 cents lower for medium and light butchers top 10.85 most 176-250 lb 10.50 to 10.75 some 230-350 lb 10.40-10.50 bulk sows 5.65-8.90 best lights 9. Sheep receipts 2000 bid fat lambs 25 cents lower Idaho lambs 8.50 natives 8.25 down choice ewes 4.00 steady.
Hogs receipts 19,000 head uneven trade hogs 15 to 25 cents lower, top 10.85 on 190 to 225 lb. cattle receipts 3,700 head fed steers steady to weak, calves 50 lower, stockers steady. Sheep receipts 7,500 head lambs feeders steady to 25 cents lower. slaughter lambs 8.50 to 8.50 range, prime hogs and cattle prices noted.
U S Department of Agriculture report from Kansas City shows, Aug 30, hog receipts 5,000 head with most prices 24 to 35 cents lower than Wednesday. Top hogs at 11.00 for 215 to 230 pounds. Cattle receipts 6,500 head with calves 2,000. native fed steers and yearlings steady, other killing classes soft 25 cents. Sheep receipts 8,000 head. lambs 35 to 50 cents lower, top lambs 8.60, good and choice lambs 7.75 to 8.60, feeder lambs weaker.
East St. Louis market report shows hogs receipts at 10 000 head with early prices 25 to 40 cents lower than Wednesday. Cattle receipts 3 500 head with trading slow and mixed yearlings steady. beef bulls and vealers listed with varied prices. Sheep receipts 2 509 head with fat lambs steady and multiple weight ranges priced accordingly.
South St Paul Minnesota August 28 cattle receipts 2100 head show better grades with a strong tendency. Little trading in between and low grade heifers and cows meet some softness while high grade steer and heifer lots bring top prices. Choice yearlings and red steers sold around 10.75 to 11.50 per hundredweight with some loads quoted higher.
Chicago reports show Canadian country marketings of wheat at 3 207 000 bushels in 24 hours, above last year. Corn remains unsettled but firmer on local demand, while oats rise slightly and livestock feeding expectations shift due to poor grazing and extended feeding year. Midwest reports note spotty corn conditions in Illinois and Iowa and record low streams amid drought.
Wheat prices listed for No 1 hard 88c No 1 mixed 872 13c No 2 mixed 87c. Corn prices range No 1 mixed 99½c No 2 mixed 99 1 2c No 3 mixed 98½ 9c No 1 yellow 99¼ 99½c No 2 yellow 99 44 99 1 2c No 4 yellow 8 1 2c No 1 white 1.03 1.03 12 No 2 white 1.93 8 ¾% No 5 white 1.01 Lard ribs bellies and Timothy Clover seed pricings also listed.
Wheat receipts 364 cars down from 397 last year with prices quoted for No 1 northern and amber durum. Cash No 1 northern 87 3 4 to 88 1 2 cents. various protein grades and futures for No 1 dark northern Montana amber durum red durum with dates Sept Dec March May. Corn No 3 yellow around 92 1 4 to 93 4 c. Oats No 3 white 35 1 4 to 36 1 4 c. Barley 45 5 8 c. Rye No 1 56 58 c. Flax No 1 1.93 to 1.94.
Wheat receipts for the day reached 191 cars with prices mostly lower and mixed grades listed. No. 2 dark hard ranged around 84 to 86 cents, with No. 2 red at 86 1/1 to 86 3/4 cents. Corn receipts totaled 53 cars with generally steady bids. No. 2 white around 94 to 96 cents, No. 2 yellow near 96 cents, and No. 2 mixed around 93 to 94 cents.
Market reports show cattle and calves uneven, with calves around 500 lower and good to choice at 9.50 to 12.00. Hogs receipts about 6,000 head with slow, uneven demand. weights 180 to 220 pounds bid 10.65 to 10.65, 230 to 300 lb bids around 8.25 to 8.75. Sheep receipts 4,000 head steady with lambs 7.00 to 8.00 and ewes around 2.5 to 9.0.
St Joe livestock market receipts include hogs and cattle with bids down about 50 cents to 1 dollar from day’s top. Hogs mostly steady late, sows lower, cattle firm for high grades with calves and long yearlings near 1100, western cattle weak, sheep steady to lower with some loads around 8.25 to 8.85.
Albert Edward Costello, a Chicago prize fighter, is held in Polk county jail as a suspect in a Des Moines bank robbery and the June Washington county courthouse killings. Washington officials travel to Des Moines with fingerprint evidence to confront the suspect.
Mrs Ruth Rankin aged 74 died at Burlington hospital at 7 30 am after a week long illness She resided between Oakville and Mediapolis She was born Ruth Carter daughter of Henry and Sarah Carter She married C J Shutt in 1880 who died in 1918 Four years ago she married Bruce Rankin She is survived by four children from her first marriage and a daughter in Burlington Also surviving are three sisters and several brothers Funeral arrangements are pending Read the ads on Classified Page.
Omaha prices show varied grain levels with several classes listed. Wheat holds steady at multiple grades around 1.83 to 1.85 dollars, corn white and yellow grades near 92 to 94 cents, and oats around 37 to 44 cents per bushel.
Minneapolis August 28 AP report notes flour down 15 cents in carload lots with family patents quoted 5.65 to 5.75 per barrel, 98 cotton sacks shipped, total 40 281 barrels. Bran priced 24.50 to 25.00 and Standard Middlings 25.59 to 26.00.
Butter receipts total 6 376 tubs with prices listed for extras standards and firsts. Eggs receipts 6 095 cases with prices for extra firsts fresh graded firsts and ordinary current receipts. Potatoes receipts 89 cars with US shipments and regional prices noted for Irish cobblers and Early Ohios. Futures show eggs refrigerator standards and butter storage standards for Nov.
Butter receipts total 7 851 tubs at steady levels. Egg receipts 12 984 cases also steady. Mixed colors unchanged. Nearby and nearby western Kennedy white show closely selected extras 39 43 cents and average extras 35 38 cents.
Egges bid at 6.25 dollars and asked at 7.00. Butter fat 34 40 cents. Poultry broilers 16 at 21 cents. Other produce unchanged.
St. Louis, Aug. 28. Produce prices remained unchanged in the St. Louis market as reported by AP. No notable changes in major commodities or regional offerings were observed today.
New York poultry prices show mixed movement with broilers by freight at 22 to 26 cents per pound, by express 21 to 30, fowls by freight 18 to 23 and express 17 to 23, roosters by express one cent. The brief note reflects irregular trading patterns in late 1920s market data.
New York sugar prices at midday show raw sugar unchanged at 3.18 with nearby futures up 2 points and another nearby down 1 point. Refined sugar gains 10 points to 415 at the opening tomorrow, signaling cautious activity in the market.
Kansas City reports hay receipts at 39 cars unchanged, Chicago and St Louis markets show no change. Toledo seed market lists Clover seed cash prices at 14.00 to 14.75 with October bids and Alsike seed at 12.35 to 12.50, reflecting market stability and current bids.
Wall Street drifted in slack trading as traders sought to close out positions before the three day weekend. Some issues rose as much as 4 points while others, like Goodyear, remained weak. money remained plentiful with call loans at 2 percent and optimism tempered by profit taking.
New York bonds show dull trading with only small fractions of changes. Highest grade issues hold firm while rails and utilities move within narrow ranges amid a mixed demand outlook.
New York August 28 bonds closed with Liberty 34s at 101 First 44s at 102.1 Fourth 44s at 102.28 and Treasury 4 4s at 112.12 reflecting varied demand for government securities in early trading.
Des Moines Iowa August 28 AP the legislative retrenchment and reform committee voted to add one thousand dollars to the legislative tax committee expenses. Funds will cover printing of the committee report and travel to the national tax conference in Kansas City in September. Senator C L Rigby and Representative Marion McCauley presented the request. The tax committee had been allowed five thousand dollars to date.
In McGregor Iowa August 28 AP reports a steam dredge operates on the Mississippi River between Marquette Iowa and Prairie du Chien Wisconsin to raise pontoons of the Milwaukee railroad bridge so boats can pass. Low water left pontoons resting on mud under the bridge, which is described as the largest of four such bridges on the Milwaukee lines.
Vacation days end as Muscatine students prepare to return next Tuesday. Repairs to several school buildings have been completed. Teachers have returned, junior college enrollment rises in its second year under Dean Willetta Strahan. Entrance classes may reach capacity. kindergartens attract many applicants, with some refusals due to age.
Col Junction Iowa Aug 28 a family picnic at Chautauqua park drew many attendees including the West family from Lake Forest Illinois and the Jones family from Farmington Iowa.Area residents such as Lewis from Lone Tree Chittum of Wapello and Grimes returning from Packwood were mentioned along with teachers to-be for Cairo school. The piece lists numerous relatives visitors and travelers from nearby towns and states with brief notes on trips relocations and visits.
Thirty transcripts from Justice H D Horst court plus transcripts from Judge J C Coster will be investigated by the September grand jury. Judge W W Scott from Davenport heard pleadings on criminal actions including two juvenile cases. Court opens Tuesday with the docket and grand jurors reporting. Judge C L Ely of Maquoketa will preside to Muscatine Tuesday.
The Hanley family and the Salisbury Entertainers wrapped up a nine week tour covering seven states via 7500 miles by car. They presented four programs including two plays Pigs and The Easy Mark and a medley of scenes from well known plays. Rev Joe R Hanley of Perry New York joined Muscatine at tour end and will attend the International Lyceum Chautauqua convention in Winona Lake Indiana next week.
In New York Harbor the Clyde Mallory freighter Neches struck a scow and sank. Captain Eber Estee was trapped by pipe on the after deck as the vessel capsized. 24 crew members were rescued by coast guard boats and police launches. Chief Engineer E Carey narrowly survived after being pitched into the water.
The new scenic highway through the lower Spearfish canyon in Deadwood South Dakota was to be dedicated this afternoon with Gov. W J Bulow to ignite the final dynamite blast. Delegates at the county commissioners and highway superintendents convention planned a motor trip over the road.
Three blasts at ten minute intervals wreck the Island Queen, a 40 ton boat valued at 15000 dollars in Waukegan harbor. Owner is Frank Recke of Chicago.
The report notes visits at Central Presbyterian church Sunday morning. Harold Houseal, Howard Houseal, their wives, and son Raymond visited Fairfield with a carload of melons. Aletha May will enter the University of Iowa to take a journalism course.
State conservation board members and a special legislative committee studied establishing a Spirit Lake state park. After consultations on feasibility the committee will report to the next general assembly. They recently inspected Spirit Lake land as a potential site.
Funeral services for Mrs Ellen Humiston widow of Civil War veteran were held at the home with Rev W A Lamp officiating. A Cairo cemetery service followed with selections by local singers and pallbearers named. Attendees from Davenport Wapello Morning Sun and other towns noted.
Baltimore AP report says H L Mencken editor and critic and his bride Miss Sara Powell Haardt of Montgomery Alabama wed in an Episcopal church. The ceremony was private with immediate family and few friends present. George Jean Nathan was absent. They departed for an automobile honeymoon, destination unknown.
Boone Clar ence Nelson longtime traveling agent for the Chicago Rock Island and Pacific railroad and former Boone resident died yesterday in Columbus Ohio. He was transferred from Boone to Cincinnati six years ago.
Emily Del Rosa De Ricimal, calling herself a countess, told Sioux City lawyers she would return to Austria after being released from an Omaha jail where she faced fraudulent check charges.
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