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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 08, 1927
Page
14
Chicago on December 8 reports sharp declines in corn prices dragging wheat and oats lower. Unofficial crop estimates show corn yield around 2.65 billion bushels with total season stocks near 2.776 billion, west of the Mississippi higher than last year while east is down. Market closes with corn down 2 1/4 to 2 5/8 cents, wheat and oats lower, provisions steady to down.
Wheat prices ranged with No 1 hard at 1.31 9/4 dollars and No 3 hard around 1.29. Corn and oats show varied quotes for mixed, yellow, white, and sample grades, with rye parley and seed values listed for timothy and clover.
Poultry prices listed by Swift & Co and Iowa Poultry Farm show hens four pounds and up at 17 and 17 cents, light Leghorns and blacks at 13 to 14 cents, springs four pounds and over at 19 cents with under four pounds 15 to 14 cents, Exgs 43 cents. Hog quotations from J P Squire Co include good butchers 260 pounds at 8.10, 200-250 pounds at 8.10 to 8.45, 180-200 pounds at 7.75 to 8.09, 250-266 pounds at 7.35, and heavy packers at 7.10.
Chicago dispatch notes higher egg prices with 3,686 cases received and firsts at 42.41 cents. Butter supplies show Creamery extras at 47 2 47 4 cents and firsts around 41 4 to 44 cents. Poultry live steady with receipts of 5 cars and various price ranges for fowls, springs, turkeys, ducks, and geese. Potatoes show 77 cars received on track and 244 cars total plus 525 cars shipped, weather not guiding sales. storage standards listed for December and January prices.
New York produce notes show butter firmer with receipts of 11,604 pounds and creamery firsts priced around 8 to 9 cents. Cheese remains firm with 151,497 pounds received. additional lines list Pacific coast whites and related freight details and express varieties.
Live poultry shows irregular shipping with chickens by freight at 19 cents a pound, express 19 to 28 cents, fowls 25 to 35 cents by weight or express 20 to 29 cents. Dressed poultry remains steady with unchanged prices.
New York reports raw sugar prices at 5.60 and refined at 5.30. Washington releases the year's cotton production at 12,789,000 bales equivalent of 599 pounds each, per the Agriculture Department's initial estimate.
A sudden burst of buying in the Southern Railway pushed its price up six points to 149, a record. U.S. Steel rebounded above 140 and General Electric saw renewed buying. Renewal rate for call loans stayed at 4 percent.
Official estimates project cattle at 2 000 head hogs at 21 000 head and sheep at 6 000 head for tomorrow's market reflects prospective receipts by scale and type from regional producers.
U S Department of Agriculture notes hog receipts at 49 000 head with better grades up to 15 cents higher across weights 140 to 240 pounds. Early top bids reach 8 9 0 for heavy butchers while most hogs sell 7 25 to 8 75. Cattle receipts 10 900 head with fed steers 13 00 to 14 50, best rounds 17 50, cows partly steady to strong. Sheep market very slow with handyweight lambs steady to 14 25 for shippers.
Hogs receipts 5 000 head fairly active up 10 cents with top at 8.65 for 225 to 260 pounds. Cattle receipts 1 800 head plus calves 600 head with steady to firm demand for good weight steers around 14.00 and an array of loads 12.00 to 13.00. Lambs show strength with 8 to 9 pound fed lambs at 13.69 and fat ewes at 6.25.
Receipts reach 10 500 head with hogs up to 25 cents higher. Bulk 160 to 180 pounds sell 8.60 to 8.85, 196 pound hogs 8.85 to 9.00. Best heavy butchers 8.95 to 9.00, light lights 8.25 to 8.65. Pigs 7.75 to 8.25, sows 7.60 to 7.75. Cattle receipts 1 590 head plus 700 calves. most classes steady to strong, vealers uneven. Top steers 19.50 to 12.35. cows 6.50 to 8.00. Sheep 1 200 head steady. Native lambs 13.75, yearlings 11.50. much demand pending arrival.
U S Department of Agriculture notes hog receipts 5000 head with prices 10 to 20 cents higher top 8 75 bulk 190 to 340 pounds 8 35 to 8 55 140 to 180 pounds 11 70 to F 77 d cattle receipts 1500 head calves 390 beef steers steady to strong medium weight 14 00 other steers and yearlings mostly 10 25 to 12 75 cows 6 50 to 8 50 cutters 5 35 to 6 00 bulk bulls 6 50 to 7 00 veal top 1 sheep receipts 6000 very little done few 97 pound fat yearlings 10 50 fat lambs in demand with strong prices.
Peoria Illinois December 8 AP hog receipts 200 head market 10 cents higher. Top price 8.75 bullts 8.40 to 8.65. Cattle 100 head.
Walter Johnson powered Washington pitchers for two decades and boosted the careers of three catchers. Gabby Street, whom he called the best he ever had, followed by Eddie Ainsmith and Muddy Ruel, caught his fastball with exceptional speed. Chile appropriated over 1 million dollars for railway extension and improvement.
Columbus Junction Iowa December 8 Mr and Mrs Richard Peters marked their golden wedding at home in Columbus Junction where they have resided for three years. Both born in Wales they married there over 40 years ago and farm seven miles southwest of the town. Their son Dick Peters lives on the farm and they have nine children three sons and six daughters including Mrs Arthur Williams Mrs John Arthur Cotter Mrs John Davis Oskaloosa Dan E Peters Brighton Mrs Emyr Jones Chicago and Lewis R Peters Dick Peters Mrs Ed Hughes and Mrs Evan Arthur Columbus Junction.
President Coolidge transmitted the army engineers plan to Congress for controlling Mississippi River floods from Cairo Illinois to the Gulf at a ten year cost of 296.4 million dollars with 80 percent funded by the federal government and 20 percent by valley states. The proposal includes a spillway above New Orleans floodways in Louisiana river bank floodways to New Madrid and stabilization of the river channel. The forest service proposes reforestation and acquisition of 8.5 million acres with an estimated 42.7 million dollars, 25 million the first year and about 30 million annually thereafter.
Fred Lopez of Fairport pleaded guilty to maintaining a nuisance after a liquor raid. District Judge W W Scott imposed a $300 fine and costs and a three months jail sentence suspended on good behavior.
Johnny Shea of Sioux City and Johnny Fulton of Cedar Rapids will headline a 32 round card in Iowa City on December 15 marking the first pro boxing event there in 11 years. The feature bout is a 10 round match. other bouts include Walter Moody vs Mickey Shea in six rounds and Quinn Collins vs Jim Dixon in six rounds. Matchmaker James Flannagan says the card is the best yet and could make boxing a monthly event, sponsored by the Moose Lodge.
Springfield Illinois AP reports that ouster proceedings brought by Rep. J Bert Miller of Kankakee argue Governor Len Small is ineligible for public office. The supreme court has set oral arguments for Monday December 19.
The December meeting of the Sweetland township Farm Bureau was postponed Wednesday evening due to bad weather. A new date will be announced later.
Ed ward Schlee and William S. Brock, “round-the-gigbo” flyers, depart Cincinnati today in their monoplane Pride of Detroit on the second leg of a Detroit to Daytona trip to attempt a new world record for continuous flight.
Winter weather disrupted Iowa City service with a circuit outage and snow slippery rails. Repairs completed by morning restoring normal service. Trains were late but running, street cars gradually resumed regular schedules, and bus service operated on time. Chicago reports the winter event sweeping the entire Midwest.
A powerful mid December blizzard swept Minnesota Iowa and Wisconsin with 20 below temperatures and heavy snow. Schools closed in St Paul Sioux City and other cities while Minneapolis university classes were dismissed for the first time in history. Air service in Chicago was nearly halted as a 61 degree swing dropped to subzero in hours. Fires in Kansas City and Okmulgee Oklahoma caused multiple deaths and millions in losses amid freezing weather.
Oslo announces the Nobel peace prize to Professor Ludwig Quidde of Germany and Professor Ferdinand Bouisson of France. They are expected Saturday to share in the award. Quidde, a Munich professor and longtime peace advocate, faced wartime criticism from military authorities. Bouisson, a former Sorbonne professor, began political life as a socialist.
Classified brief notes a rental listing for a bright modern room by Riverview with a contact phone. A separate lost notice offers a white gold band ring reward with inquiry to the Journal.
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