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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 14, 1926
Page
10
Hog prices fell to new yearly lows as demand remained slow and storms delayed hog runs. Fresh hog supply totaled about 46,000 with 17,000 from a state. Top butchers fetched 11.30 to 11.35, with many hogs around 10.50 to 13.30. Cattle and calves showed steadier tone. Trade kept the initial declines.
U S Department of Agriculture reports receipts for cattle hogs and sheep in Chicago. Hogs sell top at 11.35 for 260 290 lb with most values 11.15 to 11.25. heavy and light weights vary up to 13.99. Cattle receipts 14 000 head market steady with yearlings active and stockers scarce. steers softer. Sheep receipts 23 000 head market slow with best western fed lambs around 13 35 and ewe prices around 6 59 to 9 59. Official estimates for tomorrow list cattle 9 000 hogs 900 sheep 900.
Cattle receipts reach 11 000 head with varied prices for calves and steers. Beef stocker demand steady to higher with vealers strong and heavy bulls unchanged. Hogs total 12 909 with prices mostly 11.00 to 11.30 for 170 to 230 pound ranges. Sheep receipts 5 009 with lambs and sheep steady to strong and tops around 12.50.
Cattle receipts of 2000 head with killers strong and stockers steady. Fat steers and yearlings priced 7.00 to 12.50. fat cows 4.50 to 11.00. canners 2.50 to 4.25. grass cattle 4.50 to 6.50. veals 5.00 to 10.00. bulls 4.25 to 7.00. feeders 6.00 to 7.50. stockers 5.50 to 8.00. stock yearlings 5.00 to 8.50. feeder cows 4.60 to 6.50. Recounts 2000 head steady to lower. top 11.99. butchers 10.85 to 12.09. packers 10.00 to 10.65. Sheep receipts 500 head steady.
Hogs receipts 16 500 head prices 15 to 25 cents lower top 11 69 bulk 160 to 200 pounds 11 40 11 50 200 to 250 pounds 11 35 11 40 choice 1236 to 140 pounds 11 25 packing sows 10 25 10 50 Cattle receipts 6 000 head calves 1 800 market active general market steady to strong bulls up to 25 cents higher vealers steady to slight higher yearlings 43 50 mixed yearlings 11 50 bulk steers 7 50 7 50 cows 5 90 3 59 low cutters 3 35 3 75 best medium bulls 6 50 vealers 13 00 Sheep receipts 2 500 head few lambs to butchers 12 50 12 75 steady bidding lower
Hogs receipts 6000 head with prices 154 to 230c lower. Top 11.25, bulk 11.00 to 11.25. Cattle receipts 2500 head with steady to 2.50 higher. Steers 7.75 to 10.25, top 11.00, cows and heifers 3.75 to 10.50, calves 4.50 to 9.50, stockers 6.25 to 8.25. Sheep receipts 5500 head, lambs 11.75 to 12.60, ewes 4.50 to 6.50.
Receipts at Peoria totaled 1506 head with overall market 25 cents lower. Top price for cattle reached $12.00 with lights and mediums around $11.15 to $11.25, heavies near $11.15 to $11.25, and packers at $9.59 to $10.75. Hog prices noted at $11.25 top, with various weights shown.
Quotations attributed to Sayler and Wicherman appear in a brief wire-style notice. The fragment notes a location at 409 110 Hershey Building and mentions firms Bennett 4 Co. Chicago and New York with a phone reference. The text is sparse and leaves details unclear.
Chicago market notes show Wheat prices for multiple grades from No 2 red to No 6 mixed, corn prices across mixed and yellow categories, oats, rye, barley, timothy seed and clover seed. Lard, rib e, bellies, and other fat products priced with varied quotations.
Wheat receipts at 99 cars with multiple grade quotes ranging from No 2 dark hard at 1.37 to No 3 red around 1.30 to 1.33, with Dec May and July positions noted. Corn prices show No 2 white around 0.71 to 0.75, No 2 yellow near 0.77 to 0.78, and No 2 mixed near 0.71 to 0.74. oats and barley also listed with small ranges. Hay markets steady to strong. Receipts total 23 cars.
AP notes corn receipts at 47 cars with market steady to lower and No 5 yellow at 65 cents, No 6 yellow at 62 to 70 cents, sample 51/2 to 6 1/2 cents. Oats receipts 7 cars with market steady. No 2 white 47 1/2 to 49 cents, No 3 white about 42 to 44 cents.
Local market quotations show Good springs and light Leghorn hens at 18 to 19 cents, cocks 16 cents, eggs four cents. Hog quotations from J P Soaire Company. Butchers and packers priced by weight from 180 to 300 pounds, ranging from $10.60 to $11.75.
Chicago December report shows butter receipts at 11 368 tubs with grade breakdowns and slight gains. Meats and poultry markets steady with limited sales due to weather. Potatoes on track with little trading. future markets note shifted prices for fats and storage standards.
New York market dairy data show receipts with butter at 10 436 tubs. Creamery firsts scored 88 to 91. Egg receipts total 23 4438 cases with fresh gathered extra firsts at 36 38 cents and firsts at 34 cents. Cheese receipts reach 334 936 pounds with state whole milk flats held at 27 to 28 cents.
In Kansas City Missouri on December 14 supply traders report stable prices for assorted produce. Vendors cite steady demand as crates of apples, pears, and citrus move with little fluctuation and early winter shipments arriving from regional farms.
Raw sugar remained at 5.15 a pound under Cuban duty paid terms with no sales reported. Refined grades held steady from 6.29 to 6.40 for fine granulated sugar.
The stalled M Nary farm relief bill divides supporters over shaping the measure with a tariff yardstick. Senate delays stem from persuading cotton states and party factions while House talks hinge on who will redraw and sponsor the bill. Brookhart’s role is questioned as farmers seek pricing relief through government action.
Secretary Mellon reported a record income level and a likely continuation of prosperity into the next year. He urged stalled measures on the French debt settlement, stronger prohibition enforcement, and renewal of Federal Reserve charters while opposing continued war debt funding and cancellation.
Defense teams argued before the jury as the Fall-Doheny oil conspiracy trial neared a verdict. Attorneys faced a six hour window to claim no taint in Edward L. Doheny's $100,000 loan to Albert B. Fall while Fall served in government.
Twenty three workers died and seventy were injured when 20,000 kilograms of liquid chlorine exploded at a factory in St. Auban, Digne, Basses Alpes. Among the dead were six Frenchmen and others from Algeria, Russia and Portugal. The plant was producing sulphuric acid and Portland cement from gypsum, clay and coal using a German perfected process.
Ethel Salisbury Hanley leads a strong cast in Hubert Henry Davies three act comedy The Mollusc at the Muscatine High School auditorium. Hanley, as Mrs Baxter, dominates a witty performance praised for its delivery and timing. The show drew a small but enthusiastic audience due to bad weather with future lyceum dates announced for January through March.
The text notes that payments are kept low to avoid restraining demand during a period of declining activity, aiming to stimulate spending while prices stagnate.
Wilton Iowa relatives attended the 60th wedding anniversary of Mr and Mrs Theodore Port. Guests included Dr and Mrs F Port and daughter Mary Clinton, Mr and Mrs Clarence Walton Muscatine and families, plus Tipton and Denison attendees. Pallbearers named for the late John Ripson funeral.
District Court Judge D W Jackson appoints Susan B Otto as trustee in the estate of C F E Otto deceased upon Henry Otto's resignation. Drake & Wilson represented the petitioner. Final report of former trustee Henry Otto approved by Judge W R Maines. Janet D Richman and George M Dallas, via E F Richman, file report in Sophy B Dallas estate. American Savings Bank guardian for Paul G Schmelzer minor reports approved by Judge Maines. Inventory filed in I P Ketelsen estate.
Superintendent Ek A Sparling and University of Iowa’s A M Carmichael confirm a conference on Moral Education at Grant School, an afternoon session starting at 2 30 for school patrons and interested attendees. Also notes Norway farms totaling 200 00 with 186 009 under twenty five acres.
At a December 13 meeting of the board of directors of the First National Bank and the First Trust and Savings Bank of Muscatine Iowa a resolution mourns the death of Dr S G Stein. The tribute notes his fidelity, generosity, and service to the institution and extends condolences to his family. Signed by T F Beveridge and D V Jackson committee members.
The Muscatine Elks lodge approved plans to distribute Christmas baskets to the poor. The entertainment committee led by Jack Schmalz will coordinate with the Muscatine Welfare Association. Preparations have been under way, with the usual number of baskets expected to be filled with food.
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