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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 24, 1930
Page
8
Unofficial Friday receipts show hogs 28,000 head with prices up 25 cents from Tuesday. Local cash bids ranged 8.25 to 8.35 for prime underweights, highest in over two weeks, as 6,000 hogs went to packers and 4,000 carried over. Christmas holiday closes markets Thursday.
AP dispatch from Des Moines reports U S Department of Agriculture brokered hog receipts for interior Iowa and southern Minnesota for the 14 hour period ending 10 am. Prices ranged from 6 90 to 7 70 per hundredweight with gains of 10 to 20 cents in most categories while butcher hogs showed smaller advances and sows held steady to 10 cents higher.
In Cedar Rapids and Des Moines market notes the Associated Press lists prime hogs at 7.00 to 7.20 for mediums and 6.80 to 7.00 for heavies, lights at 7.00 to 7.50, packers around 6.00 to 6.60. Des Moines receipts total about 3 000 with primes and packers showing varied quotes. Mason City reports best lights 7.30 and butchers around 7.20 to 7.50, with heavies 7.00 to 7.50 and other ranges noted.
Local grocers list eggs at 27 to 20 cents per dozen and poultry prices by weight. Heavy hens, 14 cents. light hens, 10 cents. heavy springs, 14 cents. Leghorn springs, 9 cents. Hog quotations from J P Squire Co Muscatine set ranges from 7.00 to 7.60 for various weights, with extreme heavy butchers around 6.50 to 7.15 and packers near 6.40.
Auction room prices show prime hogs at Ottumwa and Waterloo quoted by weight. Prices range from 5.25 to 7.40 per hundredweight with classifications including smooth saws packs and fair packers, detailing weights from 150 to over 350 pounds.
Chicago livestock receipts total 25 000 cattle hogs and sheep with hogs up 25 to 35 cents per cwt on heavy weights and sows higher. Cattle receipts 5 000 with vealers and fed steers showing gains and mixes across weight classes. Sheep and lambs steady to lower with feeding lambs profitable and market slow on light weights.
Receipts include 3500 hogs and 800 cattle with mixed changes. Hogs top at 8.00. 160 to 270 lb bulk 7.85 to 7.95. packing sows 6.50 to 7.00. Cattle show steers and yearlings 0.25 higher. vealers unchanged. top steer price 9.10. best 1138 lb at 10.50. beef cows 4.25 to 6.00. stockers steady. Lambs hold steady with some 25¢ gains. early top fed lambs 8.10 then 8.25. native truck-in lambs 7.75.
USDA stock market report from Sioux City notes cattle receipts around 1 000 head with beef steers and yearlings showing strength up to 25 cents, heifers nearly steady, cows and bulls softer. Hogs receipts 3 500 head with butchers up to 25 cents, sows 10 to 25 cents higher. Sheep receipts 30 head with fat lambs around 83 pounds at about 8.25, aged sheep scarce and steady overall.
Cattle receipts reach 1 000 head with steers and yearlings dominant and prices ranging from 8 to 9 dollars for bulk weights. Calves at 8 50 top offerings, hogs 6 500 head with prices drifting up to 8 1 0 and sows above 6 25. Sheep 1 500 head with lambs firm to slightly higher and bulk fed lambs around 8 dollars.
Receipts: hogs 5000, cattle 3300, sheep 10000 with active markets. Hogs up to 3c, top 8.00 for 190–210 lb. cattle mostly steady with steers and yearlings 8.75–11.75. sheep and lambs strong, fed lambs 7.65, top at 8.25, feeding lambs up to 7.40. Average costs noted around 7.51 per cwt for hogs.
Receipts for hogs at Peoria quoted 25 to 30 cents higher with top prices around 8.15. Bulk sales reported, totals near 8000 dollars. No cattle listed in the day’s market notes.
European and Canadian buying of old crop wheat pushed Chicago prices higher with May contracts reaching highs unseen since earlier in the season. Corn gains followed amid tight supplies and weak arrivals, with local stocks and car shipments showing mixed behavior across Chicago Omaha St Louis and Kansas City.
New York AP reports stocks advanced after the Federal Reserve cut rediscount rate from 2 1 2 to 2 percent. Bond markets steadier, short covering drove early gains while investors welcomed easier credit and hopes for a Christmas cheer in markets.
In New York the bond market saw reduced turnover but solid demand for domestic issues kept prices firmer. Lib erty bonds strengthened while short term Treasuries weakened. New York Fed cut rediscount rate to 2 1 percent, seen as a bullish factor supporting bank purchases of investments.
Chicago cash grain prices listing Wheat No 1 hard 791, No 1 northern spring 784, Wheat futures mixed. Corn prices No 4 mixed 60 to 62. No yellow 65 2, No 3 yellow 63, No 4 yellow 61 63, No 5 yellow 59, No 3 white 67, No 4 white 0. Oats No 2 white 24 4, No 8 white 3. Timothy seed 8.50 8.75, Clover seed 15.00 22.7.
Peoria grain markets report cash corn prices easing with No 3 yellow at 61 to 62 cents, No 4 yellow at 60 to 61 cents, and No 2 white steady around 314 to 315 cents per bushel.
Minneapolis flour shipments show unchanged totals at 33,129 barrels with Bran at 14.00 dollars and Standard Middlings priced at 13.50 to 14.00 dollars. Minn-based AP report notes steady market levels for Bran and Middlings in daily price rundown.
Cattle receipts and price ranges listed for common to choice grades. Heifers cows and steers priced by weight with several quality levels. Sheep receipts 4,000 head show lambs active gains and various weights priced from 5 to 9 dollars per head with feeder lambs noted.
U S Department of Agriculture notes receipts of hogs at Kansas City 2,000 head with 140 direct trade up 15 to 25 cents from Tuesday. Top hog price $8.00 on 130 to 220 pounds. Cattle receipts 3,000 head with fed steers steady to 25 cents higher, top $12.50 for 6 to 7 weight cattle. Holstein and lighter weights follow with various pence and price ranges.
Receipts 5500 hogs mainly 15 to 25 higher with pigs up to 50c. Hogs 140-160 lb to 8.25-8.40. 160-200 lb 8.30-8.40. 200-250 lb 8.10-8.35. 250-350 lb 7.85-8.20. packing sows 6.65-7.10. pigs 106-130 lb 7.50-8.35. Cattle receipts 1500 head with calves 500. steers steady to 1.00 higher, slaughter steers 10.00-13.50. medium 5.75-10.25. 1100-1500 lb 10.50-12.75. cows 5.00-7.00. bulls 5.25-6.25. heifers 8.00-12.00. stockers 6.50-8.50. Sheep 750 head. lambs 7.50-8.95. ewes 4.25-4.75. full weights 2.25-?
AP bulletin lists poultry and produce receipts across multiple cars and trucks with steady to firmer markets. Notes on turkeys ducks geese roosters potatoes with Wisconsin Idaho Colorado values and butter eggs futures and storage standards.
New York market notes show butter receipts at 10 439 pounds with prices 30 30 5 cents for regular and 92 score extras. Eggs receipts 13 747 cases with varied grades from extra firsts at 31 33 cents to firsts at 27 29 cents. Dressed poultry steady with Western hens average 33 34 cents and Pacific coast whites 35 36 cents. Live poultry irregular with chickens by freight 17 20 cents and broilers by express.
St. Louis reports produce prices unchanged overall with spring chickens down 4 cents and heavy springs down 20 cents as market conditions shift slightly.
AP notes New York sugar unchanged at 3.23 spot and raw futures flat, refined at 455. Kansas City hay markets show 28 cars unchanged with activity minimal. St Louis Ponget report and Chicago hay market activity noted with limited movements.
The clerk of the court staff prepared for a rush as filing for the January term drew near. Saturday was the last day for cases requiring service. Judge W. R. Maines, who left Tuesday, would return Monday to resume work.
Mr. McKee announced that parcels arriving by noon today would not be delivered if marked perish able. Perishables received tonight and Thursday will be delivered immediately by special delivery. Cards and letters deadline was 2 p m today. later items wait until Friday.
Legge urges a temporary wheat embargo as faster action than raising the tariff from 42 cents a bushel. He notes Liverpool futures and Chicago Winnipeg spreads and warns of Canadian wheat imports if world prices fall. Capper plans to confer before Congress reconvenes January 5 on this embargo proposal.
Mrs Lois Pantages wife of Alexander Pantages was freed after probation for the manslaughter conviction in the death of Japanese gardener Joe Rokomoto was terminated by Superior Judge Carlos Hardy. District Attorney Baron Fitts called the action a travesty of justice while parties involved expressed relief and concern for health and social prospects of the family.
The article denounces Representative Wood of Indiana as a “consummate demagogue” while noting President Hoover’s alleged willingness to aid conspirators in party manipulation. Lucas claims only $850 of $4,000 borrowed on a note secured by Republican funds went to his Norris battle, insisting others bore no responsibility.
President Hoover and family prepare for Christmas with pre holiday events at the White House including a community tree lighting. Mrs. Hoover Jr. travels to Asheville to join her husband recovering from illness. Vice President Curtis and Dolly Gann visit Fort Myer to spend the day with relatives as cabinet members plan family observances nearby.
The account traces the investigation into the Romanoff assassinations led by Serguiff then Sokoloff, aided by General Diedrichs. It details burial site discoveries near Ekaterinburg, dismembered remains, and a ring finger attributed to the empress. Diedrichs aided moves east toward Harbin and Europe, while British authorities refused to claim the relics.
More than 500 friends and relatives gathered at the Blue Grass community hall to honor Mr. and Mrs. J. F. Kautz on their golden wedding anniversary. The event featured a reenacted 1880 ceremony, gold and white decorations, and attendance from Kautz family members across Muscatine Davenport and Iowa City areas. Mayor H. F. Boock spoke, Mrs. Ted Drumm sang, and a luncheon followed the dancing and festivities.
Federal plans and state programs push large construction, jobs, and relief. Debutantes and Boy Scouts gain benefits while blue law states allow Sunday movies to aid destitution prevention. Major regional totals show New York, Chicago, and Texas leading in projected construction and public works.
The Columbus City Methodist Episcopal Sunday School presented a Christmas program featuring songs recitations and solos by local children including Clifford Orris Dorothy Alloway Maxine Kerr Donald Rutt Rolland Underwood and Nellie Olinger. Community news followed with funeral attendance and local updates.
W L Babbitt sues the Mc Colm and company store for 495 dollars claiming a Sept 1 1922 raise was promised but not paid aside from 25 dollars. Attorney L J Horan represents the plaintiff.
Indiana advances a five million dollar relief goal as state leaders push public improvements and repairs. Wisconsin follows with its own substantial funding push for roads bridges and infrastructure projects.
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