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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 30, 1933
Page
9
Chicago reports a sagging hog market as receipts reach about 55 000 with 3 000 holdovers and 9 500 open-market hogs. Prices slide to 4.20 4.35 for typical 180 220 weights while top quotes linger near 4.40 amid slow trade and mixed regional moves.
The report lists Iowa hog prices by weight class for Cedar Rapids Mason City Ottumwa Waterloo Des Moines. Prices range from about 1.85 to 3.70 per pound across weights 120 to over 500 Ibs with指 varied quotes for good hogs and packers. Corn No 2 Yellow and No 3 Yellow are noted with modest declines in some areas.
Des Moines reports hog receipts of 25 concentration yards and 7 packing plants in interior and southern Minnesota totaling 8 400 for the 44 hour period ending today at 8:00 am. Quotations include light 140 to 160 Ibs 3.00 to 3.55, 160 to 180 Ibs 3.40 to 3.90, 180 to plastic weight ranges, moderate weights 220 to 270 Ibs 3.60 to 4.00, heavy weights 250 to 350 Ibs 3.00 to 3.75, packing sows 275 to 350 Ibs 2.40 to 2.80, and 350 to 425 Ibs 2.15 to 2.60. Shipments show shrinkage. hogs bought at shipping points excluded from quota.
Hog sale at Tavestock area includes hogs and sows estimated 33 000 pigs and 1500 sows. Market slow with prices 10 cents lower than Tuesday for 180 to 220 lb weights.
Local market notes detail poultry offerings with hens and roosters priced per dozen, hog quotations across weight tiers from 100 to over 350 pounds, cattle receipts totaling about 9 000 head with steady bids on good fed steers and yearlings, and sheep receipts around 15 000 head with early gains and steady demand for native lambs and butchers. includes ranges for bulls vealers cows stockers and feeders with mixed price movements and load prospects.
Hogs receipts total 20 000 head with 10 000 pigs and 500 sows. Market slow and uneven with sows 10 to 25 cents lower. top $4.00. Early bulk weights 160 to 250 pounds $3.50 to $3.90, 140 to 160 pounds $3.00 to $3.50. Cattle receipts 6 500 head and calves 200. light steers slow, bulls 10 to 15 cents lower, vealers steady, fed steers around $5.00 to $6.00. Sheep receipts 15 000. feeders 75 percent, lambs up 25 to 50 cents, native lambs up to $6.75. ewes down to $2.50, yearlings to $4.50.
U S Dept of Agriculture data from Kansas City shows cattle hog and lamb trades with receipts around 32 000 hogs 6 000 cattle and 5 000 sheep. Prices vary by weight with top hogs at 4 05 and steers 1068 lb around 6 25 for choice beef and lambs up to 6 65 for native grades.
The market summary shows Liberty bonds and Treasury issues quoted with current prices. Bond types include Liberty 314s Liberty 1st 4s Liberty 4th 4s Treasury 4s and Treasury 3s with various price points and ranges.
Stocks closed unevenly with notable movements among Hudson, International Harvester, Kresge, Loews, Lorillard, McKesson Robins, Packard, Penn, Phillips Petroleum, Studebaker, Texaco, United Aircraft, U S Steel and Woolworth. Ford Motor and Cities Service also show gains or losses in the day's trading.
Grains fluctuated nervously in a light market but finished higher as wheat led gains. Wheat closed near the day’s high, with September up 2 3-8 to 2 7-8 cents, corn and oats also rising on the strength of wheat.
Chicago AP reports commodity quotes with wheat at 80 to 83 1/2 cents, corn 46 to 49 1/2 cents, oats 30 to 87 cents, rye 67 to 68 1/2 cents, barley 73 cents, timothy seed 5.00 to 5.30 per cwt, clover seed 9.50 to 11.45 per cwt, lard 5.45 and bellies 6.00.
Minneapolis AP reports wheat receipts at 164 cars with prices and grades varying across No 1 northern to dark northern and durum categories. Prices list cash values for No 1 amber, red and dark varieties with protein notes, plus futures quotes for September December May. Corn and oats prices for No 3 yellow and No 3 white are included.
Chicago AP report notes poultry live receipts include 1 car 35 trucks with mixed prices for hens leghorns roosters and turkeys. Butter eggs potatoes and produce receipts listed with unsettled prices, regional grain and potato shipments, and closing futures figures for storage standards.
AP dispatch reports varied butter receipts at 15 303 tubs irregular with firsts 87 to 91 scores at 19 22 percent centralized 90 score at 20 1 2 c. Cheese receipts 149 018 lb steady. Eggs receipts 22 866 cases steady. mixed colors and standards quoted 22c and 16 to 17c. Dressed poultry steady. live poultry steady with broilers freight 12 to 17c, express 8 to 19c. fowls freight 10 to 15c, express 9 to 15c. ducks freight 11c, express 17c.
AP notes Minneapolis market figures with flour quotes at 20 cents lower and carload lots priced between 7.25 and 7.35 per barrel in centes sacks. Pure bran ranges 15.50 to 18.00, Standard Middlings 17.50 to 18.00.
Raw sugar remained quiet with no sales reported. Futures fell 2 to 3 points while refined sugar sold at 4.70 for fine granulated and 4.50 to 4.60 for second hands.
AP reports hay receipts in Chicago market unchanged with no price movement for the day. The text references unrelated facts about tides and moon, bird breeding, and wild birds laws, which do not affect the market summary.
New York markets reversed Tuesday gains as a federal easing of gold embargo rules dampened bullish sentiment. Stocks drifted lower on moderate liquidation and renewed short selling while dollar foreign exchange improved. Gold shares led declines with Homestake down and several alcohols and industrials slipping, though some oils showed marginal support.
Industrial issues were mixed with sizeable gains in theater descriptions while foreign divisions presented a firm front. U.S. governments remained firm and quiet, signaling cautious stability across sectors.
A mixed set of small ads lists items for sale including Iowa coal at 5.50 per ton and a cash register with scales and files. Also notes apples and grapes, vehicles including a Model A Ford semi trailer, and a Western Field pump gun swap offer. Job ads seek a general houseworker, a distributing and delivery man, and a truck driver with a solicitor position. Local contact details appear as phone numbers and street addresses.
New York bonds moved narrowly with a steady tone and light turnover. High grade issues held firm while the secondary rail group showed soft spots amid trader apathy. Utilities including communications were listed as spiritless.
Grandview residents Ruby and Harriet Lieberknecht returned from a visit to the century of progress. Lavon Fullerton of near Columbus Junction visits his uncle John Dill and wife. Priscilla Williams of Mt. Vernon visits grandmother Mrs. Jacob Lieberknecht this week. The Schweitzer families from Muscatine and near Oakville plus Mrs. Erma Latta of Riverside were guests at Bert Schweitzer’s home. he is improving after illness. Mildred England returned to Muscatine after a week with Elmer Young. Mrs. A. H. Pirtle and daughter Harriet of Champaign Illinois visit sister Mrs. O. G. Lewis. husband to join later. Mary Cocklin, H. H. Snyder, Elfrieda Battenhagen, Howard Snyder, Lester Weile and others from Grandview and Wapello spent Sunday with Merle Krahl at Moline. Glen McCulley and Asplemeyer were business visitors in Mt. Pleasant. Nadine Zimmerman of Muscatine visits aunt Ella Reed’s family. Hazelle McCulley and Osee Kemp with Carson and Evelyn Kemp depart for Columbus Ohio to visit Reva Andrews and family.
Anne Adams pattern 2530 offers a waist defining slip with optional lace trim in sizes 32 through 44. Includes illustrated sewing instructions and requires 17 8 yards fabric and 11 4 yards lace for size 34, with orders and catalog details provided by The Muscatine Journal Pattern Department, New York.
Indications of federal farm credit emerge as Muscatine county files a 7600 mortgage with the federal land bank of Omaha. The first record under the new agricultural credit organization shows 154.19 acres in Fulton township near Walcott mortgaged at 5 percent payable in 72 semi annual installments.
The dress suit renting industry plans a code after a rough fiscal year noted by Lou J. Harris. In Mississippi, 13 year old William Henry Smith earns praise for saving friend Shelby Jones by sucking venom from a rattlesnake bite and racing him to a hospital with recovery expected.
Illinois City Rev O L Bowman and Mrs Bowman and Mr and Mrs Ed Ferguson who held tent meetings here for three weeks left Monday for Lewiston Illinois to continue gatherings. Ralph Keller suffered a fractured arm when thrown from a pony Monday.
The Iowa brief notes judge Homer Fuller overruled Logan motion to strike a cross petition on Tinley for a seat on the district court bench. Spencer reports Ella J. Morgan defeated R. S. La Brant and George L. Bailey to win the Democratic nomination for Rep. Frank E. Wenig’s seat after Wenig resigned to become state labor commissioner. In Des Moines Nancy Jacobs, 3, of Memphis was killed by a car driven by Joe Griffith. In Fort Madison an accident during a kittenball game killed Adrian Sallen, 9. James Kellogg of Washington, Ia was held.
Klein Motor Sales lists Studebaker parts and repairs and offers a 1930 Pontiac Coach for 225 dollars. Located at 121 East Front Street with phone 78, the ad touts it as one of the best values in the store.
Police report the man, with two accomplices, allegedly fleeced Gustave Knak of Sheboygan Wis of 34000 dollars on July 14.
Four teams compete in a junior kittenball tournament at the Oregon street diamond with games at 5 30 p m 6 30 p m and 7 45 p m The Bloom s Grocery versus Musserville clash under floodlights at 9 p m appears in the schedule Deep sea hatchet fish have elongated telescopic eyes for deep ocean depths.
The First National Bank of Muscatine Iowa is closing its affairs. All note holders and creditors are notified to present notes and claims for payment. Dated July 8, 1933. E. E. Bloom, Cashier.
State of Iowa Muscatine County opens probate on August 22 1933 for the last will and testament of Filippa Gaeta deceased. Hearing to prove the instrument on September 19 1933 at the District Court Septem ber Term with E C Erwin clerk. Drake and Wilson attorneys represent the estate.
A catalog of classic cars for sale includes models from 1921 to 1931 such as Chevrolet and Ford coaches sedans and a Whippet. The listing notes a good four wheel trailer and offers that your present car can be used as part of the down payment with balance financing.
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