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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 20, 1963
Page
3
Wholesale prices in Chicago show eggs steady to lower with some grades quoted. Bid quality levels 70 per cent or better, A whites and mixed grades noted, while standards and dirtiness figures appear partially garbled.
USDA figures show hogs and sows rising to 28 per hundredweight, with butchers 14.50 to 15.25 and sows 14.00 to 42.50. Cattle 1,600 head mostly steady in slaughter classes. choice slaughter steers around 20.50 to 21.80, choice heifers 20.50 to 31.00. Sheep and lambs described as meatier with good demand in the wool market.
Seattle market notes show steady demand amid cold weather as Idaho Russets sell for 3.50 per unit and Red River Valley varieties trade around 2.00. Shipments and arrivals are tracked with limited trading and moderate supplies.
Robert Krava, 2 percent of Clinton, was accused of trying to set fire to a Clinton tavern after an argument with a bartender. He was sentenced Thursday to two years in the Anamosa Reformatory.
A national weather picture forecasts snow for tonight across the lower Lakes southward through the Ohio and Tennessee valleys and westward into the middle Mississippi valley and northern and central Plains. Occasional rain affects the lower Mississippi valley and west Gulf coast, with light rain mixed with snow in the south-central Plateau. Cold conditions persist, with modest warmth only in the northern Plains and southern Plateau.
Chicago market notes show old crop soybeans rising while new crop beans fall sharply on liquidation. Wheat corn and rye dip modestly amid slow trading. traders cite long positions being liquidated and spot markets weak. Prices listed for soybeans and wheat in January March contracts, with mixed movement across grains.
Estimated Monday receipts run to 11,000 cattle and 9,000 hogs with about 1,000 sheep. Chicago hogs topped at 16.00 per hundredweight, driven by a 7,000-head market with steady to 25 cents higher trade. Slaughter steers mostly steady to 30 cents lower. several prime loads and high‑choice lots reported. Cattle and lambs showed varied price movements with prime steer and heifer lots cited in the upper twenty dollar range.
Disjointed daily report lists various court actions including counterclaims by Howard M. Cog hill against Barbara A. Hatfield seeking 127.48 plus costs, probate for Gilbert Seavy died Dec 6 1963 with Evelyn Seavy appointed administrator, divorce granted to Leona Mae Gorsuch with custody and support terms, and a support suit by Norma against Charles W. Staley for unpaid weekly child support. Also notes admissions to University Hospital Iowa City and several address listings and birth notices for local residents.
Late stock quotations from New York show varied activity on Friday with many market leaders fluctuating. Traders monitor movements in major indices and key industries as the session progresses.
Local Muscatine grain quotations show December soybeans with moisture discount adjustments. Prices reflect moisture deductions and base values, with notes on discounts per bushel and year month references.
The Jolly Juniors of Wilton met at the church for a regular meeting with Pete Nopoulos in charge. Fourteen members responded to roll call sharing Christmas gift desires. A report noted a $15 package sent to Alabama Day School as school supplies. Plans for a sled party were discussed and the party date will be announced later. Treasurer Tom Bishop reported $82.70 balance. A reading by Nopoulos titled Peace On Earth Good Will Toward Men concluded the meeting, followed by Christmas games with prizes to Barbara Sorentry and Perry Gorsuch. Refreshments were served by the Sedar Mog Guild. Sponsors included Mrs Frank Gillett chair man M Howard Sorzenby Mrs Harlan Bishop Mrs Lonnie Walton and Mrs George Nopoulas.
New York stocks moved unevenly lower in moderate activity. Volume estimated at 4.6 million shares versus 442 million on Thursday. Major issues retreated by fractions to around a point, while a few recovered some of Thursday’s losses.
The report notes soybean and corn trading activity with multiple yellow corn grades and a soybean sale showing 1.20 percent oil content. No wear details appear and a figure 12k is referenced alongside No 2 yellow and No 3 yellow classifications.
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