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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 29, 1930
Page
10
Chicago reports a belated drop in hog prices due to Labor Day shutdowns, with receipts of 14 000 head and prices around 11.25 to 11.40 for heavy to light animals. Cattle trade remained steady as 800 head arrived direct from outside points and 1 000 calves faced indifferent demand.
Iowa hog prices reported by the Associated Press show varied quotes across cities. Des Moines receipts stood at 1,800 head with prime lights $9.50 to $10.25 and good packers $7.50 to $8.50, while Ottumwa lists unchanged ranges from $8.90 to $10.10 across weight classes and packer grades.
Hog futures in Chicago on August 29 show medium hogs bid at 11.10, heavies at 10.50, light sows at 9.25, heavy sows at 9.00, with light hogs arriving Tuesday and those arriving the same day selling at 11.40. Prices for various bids and sales are listed with asides and inconsistent figures.
Chicago livestock receipts show 2 2500 head cattle and 1000 calves with varied pricing. Highs top at 11.40 for some weights while 250 to 350 lb heavies and packing sows feature uneven declines. Cattle overall steady on fed heavies and yearlings with other grades down 25 cents.
Poultry and eggs quoted with local grocers paying 20 to 21 cents. Heavy hens 15 cents light hens 10 cents heavy springs 16 cents Leghorn springs 12 cents stags 5 cents. Hog quotations daily from J P Squire Co Muscatine Iowa. Prime butchers 169 to 280 pounds $10.00 prime 280 to 300 pounds $10.00 extreme heavy $9.00 to 9.50 butcher packers $7.85 to 8.40 good heavy packers $7.00 to 7.25.
The report lists price ranges for butcher heifers and steers, slaughter cattle, vealers, cows, bulls, stocker and feeder cattle, and various sheep types. Prices span from 1.50 to 12.50 per hundredweight with weights noted from 500 to 1500 pounds across categories and regions.
U S Department of Agriculture cattle hog and sheep sales data from Kansas City market. Receipts include 3 000 hogs 1 200 cattle and 4 000 sheep with top prices listed across weight classes and ranges for steers heifers cows calves and lambs, showing mixed movement and activity.
Receipts totaled 9 500 hogs with slow activity and small declines for sows. Key hog prices ranged from 8 75 to 11 25 per hundredweight across weights. Cattle offerings were 1 500 head with heavy discounting on western steers and varied slaughter classes. Hogs, cattle, and sheep markets show price softness and light sales volume.
Cattle receipts 3,000 head with steady to higher for some grades. Feeder trade quiet. calves 1,200 head down 25 cents. Desirable 180 to 220 lb weights at 10.50 to 10.60. sows 8.25 to 8.50. hogs and light weights 8.00 to 9.25. Sheep receipts 4,000 head slow. fat lamb bids 7.75 for ewes and wethers, best lambs around 6.75.
U S Department of Agriculture reports cattle receipts of 1000 head with varied demand for bulls, stockers, feeders, and cows. calf prices around 12.00 for yearling alikes, dairy and plain lots down. Hog receipts total 5000 with through-trips and steady to slightly lower bids. top at 11.75 and most 180 to 250 pound pigs selling 10.50 to 10.75.
Chicago buyers pushed corn higher by about 4 cents amid profit taking and market adjustments before a holiday. Wheat finished largely unchanged amid talk of September deliveries. oats and provisions posted small gains. Trade view remained bullish on corn due to expected reduced yields and ongoing export activity.
Chicago prices quoted for wheat and corn show mixed No. 1 hard at 88 891 and No. 1 mixed corn around 1.00 to 1.04 per bushel while oats and rye offer smaller ranges. timothy and clover seeds noted with lard ribs bellies fat content values included for meat.
Minneapolis August 29 AP Wheat receipts totaled 391 cars, up from 269 a year earlier. Cash prices for grade No 1 northern range around 844 and 88 to 89⅜ cents for various protein contents with multiple variations noted for No 1 dark northern and No 1 dark hard types.
Scattered sales range 250 to 325 lb with $10.00 to $10.50 bids. majority of medium and light sows and heavies at about $8.00. Sweep receipts total 3,000 head. Early indications suggest steady slaughter classes while Wyoming prices stay above $8.50 and feeders remain uncertain.
U S Department of Agriculture reports hog receipts 2500 head with prices from 10.50 to 11.00 top, cattle receipts 900 head with most sales 10 to 15 cents lower and top steers at 10.25 to 11.90, calves scarce, grass heifers steady, vealers up to 10.50, sheep lambs steady with range lambs around 8.60 and natives 8.25 down.
The document enumerates grain quotations by type and quality for Montana. It covers amber durum varieties with numbers and percentages, red amber, yellow corn, oats, barleys, rye, and flax pricing notes with grades and per unit values.
Wheat receipts 147 cars steady to 1/2 cent higher with several grades listed from No 2 dark hard at 83 85 to 86 cents and No 3 at 79 81 cents. Corn receipts 51 cars up with No 2 white 97 98 1/2 cents and No 3 95 97 cents. Oats receipts 11 cars up with No 2 white 41 cents and No 3 40 1/2 cents.
Minneapolis reports flour shipments unchanged at 46 987 barrels with Bran priced at 24.50 to 25.00 per unit and Standard Middlings at 25.59 to 26.00, reflecting market price spreads.
The Chicago market reports steady butter and egg prices with unchanged quotes. Poultry receipts include hens, fowls, and turkeys with modest gains and declines noted. potatoes show slower trade and weaker shipments. Futures list refrigerator standards and butter storage standards with minor changes.
New York August 29 AP reports butter receipts totaling 11 984 tubs with No 1 flavor quoted at 25 25 cents per pound and 14 302 cases of packing stock unchanged. Mixed colors and nearby western creamery white extra graded closely selected priced 39 to 44 cents per pound.
St. Louis, Aug. 29 AP report states produce was uncharged in a case filed in St. Louis, Missouri.
Raw sugar unchanged at 3.22 spots duty paid with mid day raw futures down two points. Four local refiners plan to raise to the 4.45 basis.
New York August 29 report shows dressed poultry steady while live birds fluctuate. Broilers sold by freight 19 to 25 cents and by express 20 to 30 cents, freight 17 to 22 cents, express 16 cents.
Kansas City hay market reports 70 car receipts unchanged. Chicago hay market notes 18 tons received with no change in prices or demand, indicating steady conditions across markets.
St. Louis on August 23 reports the hay market unchanged as weather and demand hold steady for buyers and sellers amid summer.
President Hoover plans weekend conferences at the Rapidan Lodge in Virginia with government officials to speed up the 550 million dollar ten year public building program. Guests include Ferry K. Heth assistant secretary of the treasury and John W. Philp fourth assistant postmaster general, with J. N. Darling of Des Moines among attendees.
The federal farm loan board approved the proposed reorganization of the Kansas City Joint Stock Land Bank. The decision was announced in Washington on August 29.
Radio reports say 20,000 communists head for Changsha and Wuchang forcing thousands to flee. Changsha, repeatedly sacked, faces siege while 8,000 provincial troops retreat. US gunboat Palos waits on the Liang River as foreigners prepare to evacuate aboard ships.
In Clarksdale Mississippi on August 29 two heavily armed young men held up a dance pavilion crowd of about 200 people. They emptied pockets and purses but took no jewelry and fled in an automobile.
Des Moines Aug 29 AP Ray Scott state agent traveled to Minneapolis to question three men held there in connection with the Luverne bank robbery. Fingerprints from the suspects were sent to the state bureau for comparison with prints found at the bank.
Bears covered as stocks rose on the last trading day before a three day break. Rails led gains amid light summer volume, with American Tobacco Westinghouse Eastman Kodak Coca Cola Rock Island Southern Railway Canadian Pacific advancing 3 to 5 points. U S Steel and Trans American rose while Packard slid on liquidation. call money remained at 2 percent.
United States government bonds close in New York with Liberty 312s at 100.30 First 414s at 102.4 Fourth 4s at 102.30 Treasury 44s at 112.16 marker.
Unsettled Argentina conditions trigger further Latin bond selling while U S markets show mixed gains. Domestic trading stays quiet over the protracted weekend with Toledo Terminal bonds offering and U S government securities little changed.
Edwin P. Rankin of Boston and Alice Jensen of Clear Lake Iowa married beside their chestnut ponies in Lincoln Park Chicago. The ceremony used bridled music from hooves and required the couple to mount in place after the officiant changed the plan. They rode away for a horseback honeymoon in Canada, both riders since childhood.
Leonard Bowen a trustee of the municipal light and water plant remains at Bellevue hospital improving after being seriously burned in last Friday's explosion at the Thompson Motor corporation plant. Mayor Herbert G. Thompson and his brother Ralph A. Thompson, also burned aiding the injured, are improving and attend their offices daily.
Tabulation of returns from 28 states on drought feed stocks nears completion as Secretary Hyde prepares to convene state relief chairmen in Washington. Joseph R. Becker notes a representative response from 103,000 questionnaires to crop reporters. The survey covers livestock numbers, planned sales by Dec 1 1930 and May 1 1931, and anticipated purchases.
In Evanston three young magazine salesmen misrepresented their route to Northwestern University. They targeted Dr. Walter Dill Scott, president of the university, asked about majors and colleges, then fled. Police confined them briefly before releasing them with a warning.
Red Cross nutritionists in Washington and St. Louis prepare tailored menus for drought relief. They aim for balanced rations using locally available or late-harvest foods as Herbert Hoover and John Barton Payne guide the program. Dispersal to states begins Saturday for state by state execution.
Charles Jiroucek 32 a Solon area farmer died from injuries after his car ran off the road between Mount Vernon and Solon and overturned in a ditch. Mrs Jiroucek in another car witnessed the wreck. A defective steering wheel is believed to have caused the accident.
At the Columbus Junction fair a kittenball tournament will be played each afternoon with games at 3 30. Schedule lists Muscatine vs Wy man on Wednesday Letts vs Columbus Junction on Thursday and Friday the winners play. Official umpire C C Snyder scorekeeper S I Dwinell 10 cent admission to the quarter stretch.
Evergreen farm of Columbus Junction Iowa won 12 firsts and two grand championships at the Manchester fair this week. They also captured a grand championship and junior championship at Eldon fair. Local visits include Dr and Mrs J D Kingsley Cedar Rapids and Mr and Mrs Guy Kingsley St Paul with Mrs D H Fouse. Multiple residents and visitors travel between Columbus Junction Columbus City Eldon Winfield Muscatine and Davenport for gatherings and events.
West Liberty Iowa August 29 more than 1500 attended the water carnival at Kimberly swimming pool sponsored by the West Liberty junior band. Winners listed include Dorothy Ziegler Muscatine first in under 9 and Jack Troutman first in the boys 40 yard dash with a 25.4 second time.
Week finished with cattle prices 50 to 75 cents higher at top grades. weighty steers up about 50 cents, but lighter and killer cattle mixed. Fat stock steady to higher after early declines. sows, finished cattle weaker. lambs down about one to one and a half dollars for week.
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