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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Aug 31, 1933
Page
11
Chicago hog prices held steady to five cents higher as demand for fresh pork strengthened. Total receipts reached 50 000 hogs with open-market slaughter rising due to federal pig loads and congestion at other markets. Cattle and sheep also showed firming, with fed steers up 10 to 15 cents and lambs around 7 to 7.25 dollars.
Pork prices across interior towns and Southern Minnesota report 17 300 hogs traded in the 24 hour period ending 8 00 am with prices by weight class ranging from 2 90 to 4 00 for light to heavy hogs and sows from 2 15 to 2 80. Overall activity described as moderately active with early Thursday loadings foreshadowing little change.
Prices show little change across Cedar Rapids Waterloo Mason City Ottumwa Des Moines markets. Notable quotes include prime hogs 180 to 240 Ibs at 35.65, 240 to 260 Ibs 3.50, and 300 to 350 Ibs around 2.30 to 2.40. Des Moines reports steady to 5 cents lower with 120 to 160 Ibs at 2.50 to 3.50.
U S Dept of Agriculture receipts list 50 000 head with 9 direct 30 000 government. market moderately active and steady. Prices range from 3 50 to 4 40 for light weights, heavier pigs from 3 75 to 4 25, sows 2 60 to 3 15, and weight bands 140 160 lbs to 250 350 lbs color coded with varied value.
Local markets show poultry pricing from 8 to 12 cents for hens and 4 to 6 cents for light and heavy springs roosters. Livestock prices list hogs 100 to 140 lbs at 1.65 and 3.40, 140 to 160 lbs at 3.40 and 3.75, 180 to 226 lbs at 3.00 and 2.40, 260 to 300 lbs at 3.00 and 2.40, with extreme heavies and butchers at 2.30 to 2.60 and heavy packers 1.90 to 2.15.
Receipts total 6 000 cattle 17 000 sheep and 4 000 pigs with mixed gains and declines. Calves and fed steers rise 10 to bb, top $7.15 on a 1195 lb steer. stockers ease 25 to 40c. Heifers and cows show varied levels. vealers steady to higher. Sheep run 17 000 head with lambs around 7.00 to 7.25, feeding lambs 5.85 to 6.40. Cattle and hogs reflect better demand, with ranges and averages noted across weight classes.
U S Department of Agriculture market summary for Kansas City shows receipts of 37 000 hogs 3 500 cattle and 5 000 sheep with hogs steady to lower and prices ranging from 2 75 to 4 05 per pound depending on weight. cattle steady with steers 550 to 1500 pounds quoted 4 85 to 6 60. vealers 3 50 to 6 50. cows 1 35 to 3 50. sheep with lambs 6 25 to 7 00 and ewes 1 50 to 2 75.
U S Dept of Agriculture report from Omaha lists 15 000 cattle and hogs with varied prices by weight. Hogs top at 4.00 with ranges 3.50 to 3.90 for 160 250 lb pigs heavy weights higher while sows steady and light weights weaker. Cattle receipts 2 800 head calves 200 head fed steers strong 10 to 15 cents higher. sheep receipts 9 000 head with lambs weak to 25 cents lower and sheep feeders steady.
The bond market opened dull with light trading across groups as prices varied little. Prime issues drew little bidding, while high grade loans sold slightly above Wednesday’s close and U S governments firmed after a modest sell-off. Treasury issues edged higher in a quiet session.
The AP reports demand in cents for multiple currencies. Notable figures include Great Britain 453, France 5.58, Germany 34.00, Switzerland 27.45, Spain 11.89, Mexico City silver 0, and Montréal in New York 95.00, with several other nations listed and cross rates such as New York in Montreal 105.25.
Stocks listed show varied performance with gains for some industrials and declines for others. Notable quotes include Am Steel favorites and RCA, U S Steel, and Ford listed among major movers as market sentiment remains cautious before open.
Wheat fell over 2 cents at the open on profit taking, then swung within a 2 cent range as traders priced in a private crop report showing 2.16 billion bushels of corn, down 113 million from last month. Wheat finished unsettled with fractional declines while corn held modest losses and oats and rye moved modestly. Provisions were mixed amid holiday trading.
The report lists prices for Wheat No 2 red and other grades, Corn mixed and yellow, Oats white, Rye weevily, Barley, Timothy and Clover seeds, Lard and Bellies with varied cents per bushel or cwt figures, showing market activity and prices.
Minneapolis grain report shows receipts at 121 cars with price quotes for cash wheat and corn. No. 1 northern and dark northern values range around 85 to 89 cents with various futures bids. amber durum and red durum prices listed. corn No. 3 yellow at about 44 to 48 cents. oats No. 3 white around 33 to 34 cents.
Poultry receipts 32 trucks with varied prices for hens Leghorns roosters turkeys spring ducks and geese. Butter and eggs receipts listed. potatoes on track with 233 cars on the floor and 455 cars total for U S shipments. Prices shown for Wisconsin Minnesota Idaho Utah and Washington produce with steady butter and egg markets and dull overall demand.
AP market summary shows butter receipts 13 156 tibs firmer creamery extras 92 score 23c first 87 91 scores 19 1 4c 2214 seconds 18 18c centralized 90 score 211c. Cheese receipts 184 040 lbs steady. Eggs receipts 16629 cases irregular mixed colors or selections 174 2214c standards 16717 4c dirties No 1 42 lbs 124 13 4c. Dressed poultry steady to firm chickens frozen unquoted turkeys steady to modest.
Kansas City markets report small moves in produce prices with creamery at 24 cents, springs at 8 cents, and broilers at 9 to 14 cents while other produce remains unchanged.
AP report from Minneapolis shows flour up 15 cents, family patents quoted at 7.40 to 7.50 per barrel in 98 lb cotton sacks. Shipments total 23 221 barrels. Pure Bran at 15.00 to 15.50. Standard Middlings at 17.00 to 17.50.
AP reports in Chicago hay market that receipts, freight cars, and prices remained steady with no changes observed.
United States government bonds closed with Liberty 3s at 102.17 and Treasury 4s at 110.26, reflecting market activity in New York.
A photograph shows a woman who later led a state government post. The accompanying word puzzle lists numerous clues across economics, geography, and governance, including references to Chalcedony and a male predecessor. The item blends portrait intrigue with a quiz about names, positions, and terms.
FOR RENT five room modern house with phone 1300. WANTED girl for housework apply by writing I Journal. SELL Christmas cards with sensational new ideas and fast selling information. Sample infor mation write Engraver Craft Kasota Building Minneapolis Minn. DR J G JOHNSTON chiropractor Hershey Building Phone 2589.
The P. M. Musser public library posts new hours with school start. Starting Tuesday the building opens 9 a.m. to 7 30 p.m. with reading room open until 9 p.m. Saturday circulation runs to 8 p.m. Librarian Miss Cornelia Rhynsburger expects to return tonight from vacation in Pella Iowa.
Trading in the New York market moved slowly with a narrow range and a pre holiday chill. Alcohol shares led a brief rally before most prices drifted back. several issues posted small gains while others eased as traders stayed neutral ahead of Labor Day.
County Agent Carl E. Rylander announces meetings for Lake township at 8 p m on Monday at Bayfield hall and Pike township at 8 p m on Tuesday at Nichols town hall. Additional sessions will be set for the following days.
Atalissa hosts Labor Day services Sunday at 8 p m in the Presbyterian church led by Rev W F Van der Lip. Congregants invited. service follows the young people's meeting led by Miss Margaret Watters. Local social notes report visitors and visits from Chicago Detroit Davenport Koshkien Neb Muscatine and many relatives joining lengthy family visits and travel.
AP notes a quiet tone in New York raw sugar trading with refined sugar prices unchanged. Market watchers await clearer direction as commodity prices hold steady and trade activity remains subdued.
Funeral services for Mrs W S Tannery were conducted Wednesday at 2 p m at the Methodist Episcopal church with Rev W A Smith officiating. Two hymns were sung by Mrs R P Evans and Mrs Ivan Gates, with Mrs Smith at the organ. Mrs George Sarver and Mrs Earl Eves assisted.
Pallbearers named Frank Lawton Clarence Lawton R P Evans W T Grigg Lloyd Smith and Carl Chelf. Burial at Oak Ridge cemetery. Out of town relatives from Burlington Manchester Spencer Des Moines Iowa City Cedar Rapids and Columbus Junction attended and many friends visited after.
Bids will be received by the City Recorder of Muscatine Iowa until 4 30 PM September 7 1933 for constructing a four foot cement concrete sidewalk on the north side of East Front Street between Cypress and Lombard Street opposite Lots 3 4 and 5 in Block
A Saturday sale at the Sale Barn features yearlings cows steers and heifers hogs including 50 head of vaccinated native pigs plus sows boars a saddle mare a Shetland pony and miscellaneous items. Buyers are encouraged to bring more livestock and goods. truck rates are reasonable and contact is A G Whittaker & Son Muscatine Bank and Trust Co Clerk Gregg & Hlotz Auctioneers.
The notice sets specs for a 576 square foot project in Muscatine Iowa with a $10 certified check for each bid. Bids must be sealed and addressed to the City Recorder, bidder name on envelope, and submitted on bidder forms. If the winning bidder fails to contract and bond within five days, the check is forfeited as liquidated damages. bids from unsuccessful bidders are returned. The contractor must start within five days and finish within fifteen days after signing. The City Council may reject any bid.
The First National Bank of Muscatine Iowa closes its affairs and calls note holders and creditors to present notes and claims for payment. Dated July 8. E. E. Bloom cashier.
List of classic cars from 1921 to 1931 including Chevrolet Essex Ford Buick Overland Whippet and Oakland with one four wheel trailer offered. Trade in your present car as part of the down payment and enjoy balanced easy terms. Phone 610, open evenings.
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