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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 31, 1927
Page
10
Latest market notes indicate steady stock and grain prices with bulk lambs and sheep in demand. Receipts include several loads of fed lambs at 12.85, top lambs to 13.25, fat lambs around 12, and price levels for 180 to 160 pound animals and over.
Prices in the Chicago wheat market edged higher as indications of strong Canada export demand and worries over domestic winter wheat prospects supported gains. Liverpool futures and steady demand from commission houses pushed futures up while oats and corn moved modestly, with little cash grain available due to a storm delaying inspections.
Wheat No 2 hard smutty 1 26. Corn No 2 yellow 84%c. No 3 yellow 83%c. No 4 yellow. No 5 yellow 3 19%c. No 6 yellow Tic 74c. Oats No 2 white 55%c. No 3 white 54 55c. sample 5lc. Barley 86 $2c. Timothy seed 300 3.7. Clover seed 22.00 29. Lard 11.55. Ribse 16.75. Bellies 12.00.
Wheat futures and cash prices listed by grade for No. 2 and No. 3 varieties with nominal ranges from $1.23 to $1.55. Corn prices shown by white and yellow categories with small changes and May and July futures. Cattle and cat receipts noted with minor price shifts across grades.
Wheat No 1 hard 1.25 dollars No 2 hard 1.21. Corn prices listed across grades with whites yellows and mixed. Oats and oats values shown with multiple price points.
Local markets list poultry prices for hens and springs by weight and breed, with Leghorns and blacks at 14 to 18 cents and socks at 19 percent. Town Poultry Farm provides hens 4 pounds and over at 18 cents, springs 4 pounds and over at 20 cents, stags at 6 cents, and Leghorns at 15 cents. Meat prices show good butchers around 7.95 to 8.40 for 180 to 260 pounds, and packers at 6.75 to 7.45 per hundred pounds.
Butter receipts 7 579 tubs with creamery extras at 51 1 2c standards 47c extra firsts 47 4 49c firsts 42 44c seconds 37 38c. Eggs higher on 4 715 cases firsts 42 43c ordinary firsts 30 31c. Poultry alive steady receipts cars stocks: fowls 19 24c springs 21 27c turkeys 25 28c roosters 18c ducks 23c geese 21 22c. Potatoes receipts 56 cars on track 121 cars total 494 cars prices unchanged. Butter storage standards January 42 1 2c February 43 4c. Eyes fresh gathered firsts January 38 4c February 28 1 2c.
Butter steady with 7 094 forty seven cent tab receipts. Eggs firm with 9 902 cases moved including extra firsts 41 to 43 cents. Cheese firm with 129,952 pounds received.
Kansas City produce market reports mixed receipts with eggs 31 to 37 cents per dozen, heavy hens 22 cents, light hens 10 to 12 cents, and other produce unchanged.
In New York on December 31 the poultry market shows no freight quotations. Live poultry remains quiet with steady prices. Fresh young western turkeys sell at 32 to 46 cents, southwestern 32 to 44 cents, southern 32 to 50 cents, and western ducks 18 to 27 cents.
The Severn is identified as the longest river in Great Britain in this report, noting its measured length and prominence among the nation’s waterways.
Hogs were generally steady with choice butchers at 8.70 to 8.85, prime butchers 8.60 to 8.85, and most packing hogs at 7.75 or lower. Light hogs sold well. some gains to a dime. Cattle trade nominal. good heavy steers up about 35 cents, cows 50 to 75 cents higher, calves up, with upward prices up to 10.00 for 1 380-pound steers. Sheep and lambs steady, lighter weights stronger with top lamb price 13.50 for 64 pounds.
Hogs receipts 5000 head with market generally strong to 10c higher. Top at 8.80 with better grades 160 lbs up. various weight ranges priced from 7.50 to 8.85 depending on weight and grade. Cattle receipts 300 head, mixed gains: fed steers up 25-35c, light yearlings 50-75c higher, heavy steers at new highs, beef cows and heifers up slightly, vealers 1.50-2 higher. Sheep and lambs receipts 1009 head with fat lambs 25-50c lower. week’s top for fed western lambs 14.00, natives 13.90, slaughter yearlings 19.59.
Department of Agriculture reports hog receipts at 1 090 head with steady prices from 8.50 for choice 229 to 309 pounds and 7.75 to 8.50 for lighter weights. Cattle and calves show mixed weekly gains with top steers at 14 75 and lightweights around 14.00, while sheep and lambs close mixed with fed lambs at 13.10 and clipped lambs near 10.59 to 11.19.
Omaha Neb December 31. Hog receipts 3 900 head opened strong and closed 9 to 15 cents higher with buyers paying 8 15 to 8 50 per 100 pounds. Cattle receipts 100 head with steers and yearlings steady to higher and stockers up to 50 cents. Sheep receipts none with fat lambs 40 to 50 cents lower and feeders up 15 to 25 cents.
South St. Paul Minnesota 31 AP US Department of Agriculture cattle receipts 400 head compare with week ago most killing types and stockers and feeders 25 50c higher cutters strong to 25c higher top medium weight steers 13.75 bulk all steers and yearlings 9.75 to 11.25 top heifers 11.00 cows 10.25 bulk fat cows 6.50 to 7.25 heifers 7.50 9.50 cutters 5.00 6.06 top sausage bulls 8.00 best beef bulls 8.50 receipts 1,100 head about
In Mies Joseph Missouri on December 31 the U S Department of Agriculture notes hog market activity with prices for various weights and grades. Hogs range from around 7.28 to 8.50, packing sows at 7.00 to 7.28, and smooth lights near 7.50. Cattle receipts are listed with beef steers steady to 25 cents higher, fat stock up to 30 cents higher, vealers up to 50 cents, with tops at 14.25 for steer, 12.50 for yearlings, and 7.50 for veals. Slaughter lambs are 25 to 50 cents lower, lambs around 12.50 to 12.75, yearlings near 9.00, fat ewes 6.50 to 6.75, top 7.00.
Hogs receipts 2,200 head with strong to higher bids, top 9.00, majority 170 lb plus. cattle receipts 300 head with gains 25-50c on mid to good grades, top 1,200 lb steers 14.60, yearlings 13.65, fat yearlings 10-12. sheep receipts 150 head, fat lambs and yearlings up 25c, tops 13.25, bulk 15.00 to 13.25, culls 9.00, best yearlings 10.75 to 11.00.
U S Department of Agriculture reports cattle receipts around 500 head with higher killer and stocker prices. Steers yearlings and veals show varied gains, top cattle values around 8.50, 8.40 for lighter weights, and sows and pigs priced. Sheep receipts none with lambs easing 50 to 75 cents and a top around 12.60.
The final stock market session of the year saw overall gains with several securities up 1 to 5 points. Heavy pre holiday volume accompanied broad uptrends as rails and key industrial issues posted higher prices, though Youngstown Sheet and Tube declined 4 points. Total volume approached 1,500,000 shares.
New York on December 31 1927 traders kept commitments light as weekly new issues fell below 100 million dollars. Easy money kept a firm under tone with prices near 119.7. Listed issues saw minimal activity while certain Industrials and rail bonds attracted little attention and foreign bonds remained light.
New York banks and trust companies report a deficit in reserve for the week ending Dec 31 totaling 51 million dollars. This marks a drop of 70 million from the prior week when an excess reserve of 18.9 million was recorded.
United States bonds close in New York on December 31 with Liberty 1st 4% at 103.15, Liberty 3rd 4% at 100.2, and Liberty 4th 4% at 103. Se.
Keokuk Iowa clerk Edward S Merrick offers a free marriage license to the first leap year bride of 1928 after midnight and again on February 29. A bride's book is included. Clinton Iowa clerk Harold Grumstrup expands the same aid to the first couple wed through leap year romance.
The Los Angeles murder case of Amelia Appleby centers on a suspect forged will naming Dr. McMillan as heir. A handwriting expert tests a document found in McMillan's possession. jewels worth 60000 are also missing. Appleby previously lived in Davenport Iowa in 1912 1913 during a failed Western Implement and Motor company bankruptcy linked to inventor John Francis Appleby.
Snow and freezing temperatures spread from the Dakotas to the Gulf Coast as Chicago reported three inches of new snow and deaths from the blizzard rose. Wind chills and subzero readings were noted in Minnesota, the Dakotas, and Montana with meager relief forecast eastward.
A blizzard hit the city with light snowfall and strong winds intensifying the cold. Official temperatures fell to zero at 7 am, lower than Friday morning, with continuing cold expected tonight and Sunday. The river stood at 6.5 feet as the weather outlook predicted fair conditions later.
Columbus Junction Iowa December 31 T W Henderson 63 auctioneer widely known died at University hospital Iowa City last night after a year of treatment He is survived by son John Henderson of Davenport Funeral arrangements not yet made.
A Chevrolet sedan stolen from Cedar County some time ago was recovered near Letts Friday afternoon by Sheriff Ed Sander and Deputy Sam Dye.
A December 31 item from Columbus Junction lists J Carson Duncan and family hosting a noon luncheon with guests from Wapello and Columbus City. The column also notes multiple family gatherings and visits around New Year with residents traveling to Red Oak Davenport Moline Letts and Des Moines for familial occasions and in one case a funeral in Wilton.
Oakville residents Hiram and Mrs Hays visit from Wellsville after attending the funeral of Mrs J W Hill in Tulsa Oklahoma. Funeral ties noted to Charles Miller and Mrs Howard Hayes former residents.
New Year dinner Roast turkey 51 roast goose 60c roast chicken 60c Ratcliff's Restaurant for sale black overcoat wide astral ian collar practically new bargain phone 2090 J for rent partly modern housekeeping rooms 1207 E Front
Davenport police visited all hardware stores and toy shops to curb top pistols sold to minors for blank cartridge shooting. The crackdown follows numerous complaints about youths disturbing residential peace during the holidays and will be backed by Iowa code where prosecutions are deemed necessary.
A meeting urged an early state convention to forestall secret caucuses and named Willis Stern of Logan as contact. Mayor Lund reported strong backing for Lowden with Hoover as the only other candidate. A 29 delegate count to the national convention was noted and an advisory committee of five to lead the campaign in Iowa was formed. The group will query Charles A. Rawson about delays in national action and delegate apportionment. The local committee includes Lund Pickett Weaver Ketchem and Volland.
Mrs Emma Dittmer and Mrs Hertha Paustian led a Stockton camp R N A gathering at the former's home with roads nearly impassable. High scores went to Mrs Bohnsack Elle Paustian Mrs Ella Broders and Mrs Christina Messer. Ed Brehmer of Davenport took over the local soft drink parlor from J H Thiel.
A Detroit police confession theory links Rowley to the Hickman case via a youth who claimed to be James Ellsworth. Ellsworth said he shot a farmer while with two youths who claimed to be Hickman and Hunt to steal a car. Rowley’s body was found near a road after being dragged from the weeds. Naomi Britten of Ames aided in identifying Edward Hickman and may serve as a witness at his trial.
Mr and Mrs Earl Holst and son Aaron visited the home of Mrs Holst's parents in Mayaville to celebrate their son Pauls eighth birthday. The dramatic club will present And Home Comes Ted at Walcott on January seventeenth evening.
West Liberty notes report Miss Charlotte Swain and Miss Margaret Dice hosted three tables of bridge at Miss Dice’s East Third street home with New Year greetings and high scores awarded to Mrs. Ben Whittington and others. Other events include Mrs. William Newnam hosting a party for her daughter-in-law Mrs. G. S. Newnam of Grinnell, with eight tables of bridge, roses, and a luncheon. Out of town guests came from Cedar Rapids Fairfield Marshalltown and Grinnell.
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