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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 30, 1930
Page
9
Official estimates show tomorrow's supply totaling 6000 head of cattle 26000 hogs and 10000 sheep as buyers hold back while receipts rise. Hog prices dip 25 cents with 150 lb lights and pigs selling around 8.25 while 190 to 200 lb weights bring about 7.90 to 7.95 under pressure from a large run.
Iowa hog prices at Cedar Rapids Des Moines Mason City Ottumwa Waterloo and other markets show mixed bids across weights with prime lights mediums and heavies listed. Des Moines receipts total around 3000 head with declines of about 25 cents from yesterday. overall combined hog price data reflect 10 to 25 cent lower market average vs Monday.
Hog quotations from J. P. Squire Company Muscatine list prices by weight: 100-140 lbs 6.50 6.65. 150-170 lbs 7.00 7.10. 180-210 lbs 7.00 7.10. 220-260 lbs 6.90 7.00. 260-300 lbs 6.85 6.90. Extreme heavy butchers 6.35 6.85. butcher runners 6.10 6.35. heavy packers 6.10 6.10. Also notes on local grain and poultry prices with assorted cents per unit.
The notice lists prices for hogs and sows by weight ranges from 140 to 550 lbs with quoted ranges from 5.75 to 7.50 per unit. Prices vary by weight class and whether truck or rail delivery affects the final price. Weighing, feed, and water conditions at destination influence sale terms. shipments 50 miles or more may fetch higher prices.
Hog receipts reach 53 000. hogs mostly 25 cents lower with top at 8.30. Cattle trade uneven. slaughter cattle and vealers mixed with long yearlings up to 14.25 and heavies around 12. Best heavy slaughter cattle range 10.25 to 14.50. cows and bulls vary. Sheep receipts 20 000. lambs and ewes mostly steady or higher in spots with feeding lambs 6.75 to 7.50 and ewes around 2.00 to 43.75.
AP wires report Kansas City market figures show hog receipts at 6 006 head with mixed, down 10 points at 7 40 to 7 75 per pound across weight ranges. Cattle receipts 7 500 head with steers and heifers varying, vealers and feeders priced. sheep receipts 4 000 head with lambs uneven and smaller, feeder lambs listed.
Omaha price report shows cattle receipts 6 500 head with slow demand for fed steers and yearlings, lower bids for most calves, but steady to firm on select weights. Hogs receipts 16 000 head with openers 5 to 15 cents lower, but packers showing strength on heavier weights. top around 7 85. Sheep receipts 12 000 head with lamb prices mostly lower and other classes scarce but steady. best light lambs held near 8 00 while fat and feeder lambs reach up to 7 75.
Livestock market reports from South St. Paul Minnesota show cattle receipts at 1600 head with weak undertone and varied prices. Calves at 2700 head stay largely steady with high grades around 11 dollars, hogs at 9000 head mostly steady to slightly lower, sheep around 7 to 7.75 for fat lambs, while buyers offered little action on other classes.
Sioux City Iowa reports cattle receipts of 3 head up to 200 head calves and 990 lb yearlings with prices around 14.35 and 7.75 to 9.25 for short feds and heifers. Beef cows around 4.00 to 5.75, stockers and feeders steady. Hogs receipts 12,000 with slow demand and 30 to 60 lower in places. packing sows not detailed.
Speculative buying in corn spreads to other grains as removal of corn sugar restrictions boosts demand. Moisture shortages in winter and spring wheat areas lend firmness to the wheat market. Corn closes 1 1 4 to 2 cents higher. wheat shows mixed moves. oats and provisions vary.
Pig prices hold with 160 to 200 lb pigs at 7.60 to 7.65 and 280 lb averages around 7.35 to 7.40. Packing sows mostly 6.00 to 6.50. pigs 7.50 down. Sheep receipts 6,500 head, bids slow with fat lambs at about 7.75, best lambs asked at 8.00. aged sheep scarce, top fat ewes 3.50. feeding lambs scarce with strong quotable prices near 7.00 down.
Receipts total 12 000 hogs with prices from 6 50 to 8 35 per cwt across weight classes. Cattle receipts 3 200 with calves 1 200. steers, heifers and cows show varied bids from 4 00 to 13 50 per cwt. Sheep receipts 1 500 with fat lambs steady to lower bids and ewes and culls priced accordingly.
In St Joseph Missouri hog receipts reach about 6000 with prices mostly 15 to 25 cents lower and top at 7.75 for 220 to 240 pound hogs. Cattle receipts around 2000 with calves few and early sales weak across steer yearling and butcher stock. fat dealers at 9.00 and stockers scarce. Sheep receipts 3500 with little sold and bids down 25 cents while fat lambs hold steady.
Peoria Illinois AP reports hog receipts of about 3 500 head with top prices around 8 00 and bulk sales at 7 75 to 8 00 while cattle receipts total around 200 head.
Wheat prices show No 1 hard at 79 cents No 1 northern spring 78 4 cents No 1 mixed 78 2 cents Corn values range with No 3 mixed 58 cents No 4 mixed 58 59 cents No 2 yellow 65 cents No 3 yellow 61 97 68 cents No 4 yellow 54 4 4 cents No 5 yellow 57 57 cents No 3 white 64 2 cents No 4 white 6 cents 6 1 cents Oats No 1 white 31 31 cents No 2 white 30 30 cents No 3 white 30 30 4 cents Timothy seeds 6159 00 monthly Clover seed 1022 75.
Minneapolis AP report lists Wheat Receipts 115 cars and cash prices for No 1 Northern and No 1 Dark Northern grains with bids in various fractions plus Montana Amber Durum and Durum types. Corn Oats and Barley quotes shown for No 3 Yellow No 3 White and barley traded futures. Pelace prices for flax or related items appear as $1.47 to $1.51.
Wheat prices for various grades ranged from 58 to 70 cents with No. 1 at 69 70c No. 2 674 70c northern spring No. 3 67c No. 3 58c No. 4 62c mixed No. 3 62 65c Corn prices for Yellow No. 3 36 lec No. 4 52 S44cc mixed No. 4 51 52c Oats White No. 3 28%c.
Peoria grain market notes corn prices easing with No 3 yellow at 60 to 64 cents and No 4 yellow at 59 to 60 cents. Oats show steady trade with No 2 white around 30 to 31 cents.
Minneapolis reports unchanged flour shipments at 38 025 barrels with Bran priced at 14 00 to 14 50 and Standard Middlings at 13 00 to 13 50. This AP item notes steady market activity in Minneapolis Minnesota.
AP notes mixed poultry and potato receipts in Chicago with live fowls at 14 to 30 cents and ducks 17 to 23 cents. Potatoes show on track shipments with Wisconsin round whites at 1.55 to 1.70 and Idaho russets around 1.80 to 1.90 per cwt for No 1, with several price ranges for No 2 and Colorado McClures. Butter receipts total 11,080 tubs with prices from 24 to 28 cents for various grades. Eggs receipts 6,449 with steady, unchanged cash prices and futures shown for refrigerator and storage standards into January and February.
New York ap reports unsettled butter receipts 21 652 tubs. Creamery butter priced at 29 30c extra 92 score 29c firsts 88 to 91 scores 25 14 128?e packing stock. Eggs receipts 24 124 cases firm regular packed mixed colors heavy 37c extras 30 34c first 27 29c seconds 25 26c. Dressed poultry steady broilers 40 47c. fowls 20 25c freight 21 27c turkeys 37 40c. Live poultry quiet broilers express 40 47c fowls 20 25c express 21 27c. Nearby white pallets 27c.
Saint Louis report shows eggs at 23 cents per dozen and most other produce unchanged. Geese prices listed lower at 16 cents, with Missouri market status noted as steady for items not cited.
AP notes Kansas City market quotes with Eges at $6.75 and hens at 17 percent. Other produce items show no change from prior levels.
AP reports raw sugar at 3.14 for spots and raw futures up 2 to 3 points while refined stays at 4.55. In Kansas City and St Louis hay markets receipts and prices remain unchanged with hay market activity steady.
The University of Illinois medical college advertises for a male with genuine migraine to join a three month hospital stay with free lodging and a $50 monthly allowance. The notice asks applicants to contact Mrs Milliken at the Hospital Laboratory. The article also notes Matthieu’s death in Paris at 73, tied to the Dreyfus retrial.
The New York market rose as eastern trunkline railroads agreed on a consolidation plan. Major rails like New Haven and Atlantic Coastline led gains with several large industrials and utilities advancing. Call money steadied around 3 1/2 percent as optimism spread about wider market realignments.
Trading on the bond market expanded with prices diverging as investors bought domestic corporate issues of higher rating. A large corporate payout estimated at a billion dollars in dividends and interest within the next week is expected to firm prices. U S government issues firmed after a quick call money rate rise. money market strain viewed as temporary. After year end funds should return to New York, signaling an easier money tone.
The Methodist board of temperance defended President Hoover's 1928 figure that fewer than 8 percent of felonies came from prohibition. The board said the Jones Stalker act targets those sentenced for serious violations, not creating felons, and helps public safety. Newfoundland exported 800,000 gallons of blueberries to the United States this year.
A 1927 initiated survey funded by 117000 dollars examined chaperone duties at college dances and the broader role of faculty and athletic questions. It notes discourtesy concerns at dances and questions the relevance of older chaperones given student independence and rapid transportation. The land grant colleges enroll about 150000 students with Iow a State, Illinois, California, Missouri, Maryland, and other major institutions cited.
Directors of the Farmers Livestock Marketing association, in a unanimous resolution, express support for a congressional investigation of the Federal Farm board. The meeting included Farm Union Livestock firms from Kansas City to Chicago and groups from St. Paul to St. Louis.
A Sunday family dinner was hosted by Mr and Mrs Joe Schoch in Columbus City. Attendees included Rex Duncan from Chicago Mrs J E Duncan Miss Elnora Duncan and Mr and Mrs Harlan Thomas. Dorothy Schoch a Blairsburg teacher home for holidays also attended.
Judge W R Maines took under advisement the demurrer filed by Norman Baker in a suit by Harry Hoxsey to recover an alleged balance due under a contract. Attorneys J F Devitt for Baker and J G Kammerer for Hoxsey presented law points. no ruling date set.
Major Ramon Franco and his mechanic Pablo Rada arrived in Antwerp Belgium aboard the Thysville from Lisbon, hailed by supporters seeking a republic in Spain after Franco’s failed exile flight.
State of Iowa Muscatine county invites objections to the last will and testament of Mary Jarck. The instrument will be presented for probate on January 5, 1931, at Muscatine District Court. E. C. Erwin, Clerk. J. F. Devitt, Attorney.
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