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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 03, 1926
Page
12
Hog prices eased while cattle held steady as receipts stayed normal. Packers bought little direct stock and trade showed limited activity. choice lambs remained in light demand with plainer grades softening. Feeder cattle retained a firm tone amid gradual absorption of offerings and steady prices for most steers overall.
North American wheat trends lower as export demand wanes and Argentine harvests benefit from good weather. December wheat tight at times due to December against May buying, corn down 1/2 to 11/8, oats up 3/8, provisions mixed. Ice delays lake transport hurts Canadian crop movement.
In Chicago weekly cattle, hogs, and sheep markets readings show weighty steers fluctuating with buyers split on heavy lots. Yearling values peaked near $12.50 to $13.90 and fat cows averaged $5.90 to $6.50 with weight-based spreads. Hogs moved up about 25 cents from Friday, with late tops around $12.15, while lambs faced declines though best westerns neared $13.65 and natives $13.60.
Chicago market data show hogs at about 1.5 cents lower with big packers inactive while receipts reach 30,000 head. Cattle receipts total 8,090 with trade steady to higher for good cattle and lighter weeks for feeders. sheep and lambs show slower activity with mixed values across grades. Official estimates project 1,990 cattle 5,000 hogs 2,900 sheep for tomorrow.
Cattle receipts 600 head calves 150 head heef steers strong slightly lower. Top 1,586 pounds steer price 19.50 per hundred?, but details show $8.65 and other figures. Hogs receipts 4,509 head, market mostly steady with Thursday averages. Top $113.75 on 226 to 249 pounds. sows 219.00 to 10.75. stock pigs 11.25 to 12.00. Sheep receipts 609 head, fed lambs $12.69, other fed and natives $11.75 to $12.50.
Cattle receipts 1599 head with steady to higher prices for fat cattle and feeders. Hogs receipts 5509 head with steady to higher trend and top at 11.65. sheep receipts 1000 head with steady market, lambs 13.09 and ewes 6.75.
East St Louis hogs 12 000 head underweights steady with best time. heavier hogs 5 to 19 cents lower. Top 12.19 bulk under 290 pounds. Cattle receipts 1 909 head. yearlings 949 pounds at 11.85. good and choice vealers 12.60 12.75. cows 5.00 5.59. calves hog head. Sheep 100 head. native lambs to packers 3 3.09. fat ewes 5.00 6.00. Market scanty with mixed adjustments across classes.
St Joseph stock market notes show hog receipts around 4000 with top at 11.75 and bulk near 11.45. Cattle receipts listed with steers 7.50 to 10.59, cows and heifers 3.75 to 9.50, calves 4.59 to 10.00, stockers 6.00 to 8.25. Sheep receipts 1500 with lambs 12.25 to 12.00 and ewes 5.75 to 6.75.
Hogs receipts 2,200 with market steady to lower. Top hogs at 11.36 to 11.56 for lights and mediums 11.70 to 11.90. Packers 10.69 to 11.00, stage 9.50 to 10.90. Cattle receipts liberal and market stronger to higher, veal top 15.59.
AP reports bar 503 for Cuban sugar trade stirred dispute as payment terms clash with export rules. The issue centers on whether Cuban shipments can be cleared under current sanctions and how payment timing affects duties and licensing.
Quotations from the Saylor and Wicherman report appear in the 409 410 Hershey Building listing. Wire connections mention J. FE Bennett & Co Chicago and New York with a phone reference.
Wheat prices range from No 5 red at 1.18 to sample grade hard at 1.10. Corn values show No 2 mixed at 0.76 and No 4 yellow at 0.??, with various grades of yellow and white. Oats and rye quoted with sample grades and seed values. barley and timothy seed listed. lard and ribs priced.
Poultry prices from Swift and Co. list good springs 18c and light Leghorn 14c hens 18c cocks 16c Eyes 4 cents. Hog quotes from J P Squire Co. show 360 pounds $11.78 butchers 260 to 50 pounds $11.65. 785 to 2 ½ pounds $11.65. 59 to 34 pounds $10.60. heaves packers 10.46.
AP report shows receipts: 729 tubs butter. 4.212 carloads creamery products. 9 cars poultry. 68 carloads potatoes. Shipments total 549 cars. Prices listed for Wisconsin Minnesota Idaho dairy products with mixed quality, trading slow and market weak.
New York market notes show butter receipts at 4478 tubs with steady activity. Egg receipts total 14,551 cases with varied grades from fresh gathered firsts to closely selected extras. Hennery whites and pullets fetch 28 to 68 cents, with western hens at 61 to 66 cents. Cheese receipts reach 23,896 pounds.
Kansas City, Missouri December 3. Prices mixed for commodities. Eggs fell 2 cents to 45 cents per dozen with current receipts at 43 cents. Butter fat rose. Potatoes declined with Red River Ohio values at 2.75 to 2.90 per hundredweight and Brown beauties Idaho russets and triumphs at 2.65 to 3.80. Red River cobblers quoted 2.65 to 2.85.
The report notes no sales activity and a price refinement leaving fine granulated product at 6.95 down to 6.25 per unit.
Reports from Prairie du Chien Wisconsin describe a trail of clues as police pursue Erdman Olson 18 alleged killer of Clara Olson 22. A second suspect in Crawfordsville Indiana faces forgery charges while Dwight Illinois officials dispute the identity of the sought youth.
A full house at U B church tonight. Candy on sale. Lost fountain pen with name, phone 2416-J. Lost bunch of keys, name on plate, please leave at Pearl City New Stand. For sale poultry at Iowa Poultry Farm with 100 Ruff Orpington pullets 75 White Leghorn hens and 75 White Leghorn pullets, contact 2449.
The Institute of American Meat Packers reports November wholesale meat trade was unsatisfactory for returns though volume stayed fair. Beef prices fluctuated while pork products fell more than hogs, with light weight cuts abundant and heavy cuts firmer, narrowing price gaps. Domestic pork demand rose later in the month as lighter loins declined up to 30 percent.
In New York on December 3, Atlantic Refining and South Porto Rico sugar fell 2 and 4 points as speculative enthusiasm waned. Most other shares rose, with Baldwin recovering from a 3 percent dividend deduction, while many stocks traded in the thirties and forties such as American Zinc preferred Pathe Exchange A Gimble Brothers and Freeport Texas. Standing loan renewal rates eased to 4 percent.
The case centers on the death of Pansy Turnbull, 17, with Howard charged and awaiting separate trial. Witnesses described autopsy findings as the defense contends against a poison theory, while Turnbull's parents and relatives sit with prosecutors and defense counsel during sessions.
The court debated admitting Hal Howard 15 Creston statement about Pansy Turnbull 17 death in the trial for her slaying. Defense contends officers failed to warn of rights or that statement could be used against him. Doctors described bruises skull fracture cited in death case.
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