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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 08, 1926
Page
12
Hogs were lower while cattle offerings lagged in Chicago, with yearlings firm but heavy beeves down 15 cents. Lambs also slipped as the market opened strong but priced near yesterday's lows. About 18,000 hogs ran, with 1,100 bought directly from other markets and only partial clearance achieved, while cattle demand stayed weak and feeders stayed sought at about 11.50 to 11.65.
Chicago December wheat prices fell after liquidation sales by the leading holder of December contracts, signaling weak support. Despite reports of export purchases totaling 750000 bushels of hard winter wheat at the Gulf with premiums up about 2 cents, values did not sustain an early uptick.
Hog receipts reach 18 0600 head with prices 10 to 25 cents lower than best, top hogs around 11 80. Cattle receipts 14 000 head with weighty steers in liberal supply and mostly steady to weaker prices. Sheep receipts 17 000 head with fat lamb quality improving but market slow and lower early.
Kansas City cattle receipts about 5 490 head with calves 1506 head and steady to higher prices for good to choice yearlings and steers. Hogs receipts around 8900 head show steady demand with top near 11 65 to 11 95 and price ranges for light to heavy weights. sheep and lambs also listed with top fed lambs at 12 59 and muttons lower.
Receipts at East St. Louis Market show hogs 11 000 head with slow trade and prices around 12.06 for light hogs, 11.95 to 12.06 for others, sows 19.65 to 16.85. Cattle receipts 4 090 head with calves 1 500. market mostly steady, better calves to 12.50, steers to 11.00, cows 4.75 to 5.50, bulls 6.60. Sheep 1 000 head, market slow with lambs around 12.50 to 12.75 and fat ewes 5.00 to 6.90.
Dec reports cattle receipts at 3500 head with steady to lower prices for fat steers cows and feeders. Hogs receipts 9000 head mark steady to 70 cents lower with packers and butchers bidding around 10.75 to 11.49. Sheep receipts 3500 head show a steady market.
St Joseph Missouri market summary shows cattle receipts about 2500 head and hogs 8500 head with prices steady. Hog prices around 11.40 to 11.60 per hundredweight. Cattle top steady with steers 7.50 to 12.40, cows and heifers 25.0 to 19.0, calves 45 to 50, stockers and feeders 6.90 to 9.24. Sheep receipts 4500 head with lambs 12.00 to 12.69 and ewes 5.50 to 6.75.
AP dispatch from Peoria shows cattle receipts 1800 head with steady to higher tone. Prices range top veal 12.50, lights to heavies 9.50 to 11.85, packers around 10.00 to 11.75, medium cattle 11.40 to 11.66, heavy cattle 11.60 to 11.75, and slugs 9.50 to 16.00.
Raw sugar held at 5.15 for Cuban duty paid with no sales reported. Refined prices showed little movement around 6.20 to 6.10 per unit in a muted market.
Canton Ohio December 8 AP Pat McDermott faces the electric chair in the murder of Don R Mellett Canton Daily News editor. A motion for change of venue was overruled as the trial delays loom with a filled jury box and the court appears inclined to keep the case in the same venue.
AP dispatch lists Chicago grain quotes with No 4 red wheat at 1.374% and No 1 hard at 1.45. Corn mixed prices range from 73 to 77 cents. oats No 2 white 50 cents. rye not quoted. Barley 60 to 71 cents. timothy seed 4.75. clover seed 24.59 to 34.50. lard 12.55. ribs 14.08. peltries 16.25.
Poultry prices from Swift & Co show good springs and light Leghorn birds at 19 cents. Hens listed at 19 cents with light Leghorn and black at 4 cents, cocks 10 cents. Eggs at 12 cents. Hog quotations from J P Squire Co. include butchers 290 pounds at 11.75, 200-250 pounds at 1.65, patchers 100-200 pounds at 11.65, medium packers 259-300 pounds at 10.60, heavy packers 16.40.
Chicago releases show mixed dairy and produce activity with receipts of 4 545 tubs and 3 254 onsen. Poultry offerings include alive birds firm with 6 car receipts and various prices for turkeys ducks and geese. Market notes list Michigan Wisconsin Minnesota items with fluctuating but steady levels and occasional higher bids.
New York market notes show steady butter with receipts of 7 581 tubs and mixed egg and hens listings. Fresh gathered, extra firsts and seconds among prices for nearby and western henery whites, with cheese receipts totaling 45 589 pounds and state whole milk flats priced between 24 and 25 1/4 cents.
Jacob W. Balmos of Muscatine is among Marines chosen to guard the mails at Quantico and in transit after President Coolidge approved the duty. Balmos, 21, native of Atalissa, previously lived with Jacob Balmos Sr. on rural route 4, Muscatine, and joined the Marine Corps last June. This is the first guard detail since 1921 when Marines protected the mails for about four months with no robberies.
Harvey Howell testified at the second trial of J S Sipes in Kossuth county court that Daniel Detling died during a garage dispute over cushions and a car key. Howell described a struggle at Sipes garage where Detling collapsed after a pursuit and Sipes was later jailed by the marshal.
Active selling movement broadens at midday led by major issues. United States Steel slipped from 1507 8 to 148 3 4 while Baldwin Westinghouse Air Brake Radio Famous Players and Delaware and Hudson fell 1 to 2 points. Woolworth eased to 1885 8 from 1945 8 as market mood soured after the stock dividend announcement.
The Girl Reserve corps of Garfield School plans an entertainment on Monday evening December 13 at 7:36. Miss A Maren Othmer, principal, reports musical selections and exercises. Funds raised will support girl reserve work at the school.
Governor Hammill and Budget Director E L Hogue outlined a $250000 education building on the state fair grounds at the closing session of the state fair managers association. The budget report will request legislative funding. R E Bucknell was elected president, Charles H Barber treasurer, EK W Williams secretary, with re election planned for other directors from multiple districts.
Children at the Davy Nursery will hold their Christmas party this year with plans announced by the board. Festivities occur Tuesday the 21st or the next day at the Nursery home with a noon dinner. Gifts of fruit vegetables cereals and cash donations are requested from the public.
Uncertainty remains over Prof. C A Fullerton visit and the rural music centers originally set for November but delayed by weather. County superintendent Er D Bradley seeks maximum benefit from Mr Pullerton's appearance and will not finalize plans until week’s end or until roads and weather allow. Tentative meetings have been mailed to rural teachers, but may be abandoned if conditions worsen.
A Dec 16 hearing before Judge John Fletcher in Des Moines court of domestic relations will decide on deporting John Mehsling and his four children to Bloomington Illinois as non residents public charges. The county notes a prior winter pattern of deporting such cases as aid calls rose.
Eugene Fossett, 18, of Cooksville Illinois, his wife, and Milton C. House, 18, Bloomington Illinois, are held in Davenport after police say they were in possession of a car they admit stealing from Bloomington Illinois.
Classified note announces a home bake sale hosted by Island Ladies' Aid at Thompson's Hardware Store on Saturday December 11 at 10:30 a.m. Includes quilts and fancy work items for sale.
Iowa reports the 1926 corn crop at 413,596,000 bushels worth about 44 million dollars less than 1925. Yield dropped from 43.9 to 37 bushels per acre, while oats stood at 195,962,000 bushels valued around 68.6 million. Total state crops estimated at 464.1 million, with hog marketing cited as a bright spot.
A large crowd gathered at the Fred W. Moody home near Columbus Junction for a closing out sale despite rain and sleet. High prices were seen for horses cows sheep hogs chickens corn oats and hay. The Gladwin Ladies Aid served lunch and cleared $32.
Illinois born William B. McKinley rose from banking and farm work to build a public utilities empire in Champaign and Chicago. He served in the House and Senate, faced a 1926 primary defeat to Frank L. Smith, and remained known for vast educational philanthropy and extensive travel.
Special agents of the Chicago Rock Island and Pacific Railway question Fred erick Evans claim of rings valued at 15000 stolen on a Rock Island train near Davenport. Evans, who returned to Chicago the same night, promised detectives a list of rings but has not sent it and says the rings were not insured.
Washington December 8 AP United States cotton crop is estimated at 18,618,000 bales of 500 pounds gross weight not including linters for this year. The department of agriculture issued the preliminary report based on conditions as of December 1. A fortnight earlier the figure was 18,599,900 bales and last year's crop was 16,193,879 bales.
China shipments shrink from 12 million pounds last year to 5.6 million pounds in the same nine months this year amid rising anti Chinese sentiment.
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