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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jan 06, 1933
Page
9
Hogs rose again as demand for fresh meats grows. Ahead of receipts, buyers favored hogs under 210 pounds with top prices around 3.40, while light and medium hogs traded at 3.30 to 3.40. Cattle and lamb markets showed mixed prices with packers signaling firmer movement for finished weight steers and lamb cuts.
The Associated Press notes hog price ranges across several Iowa markets. Mason City lists 180 pounds at about $2.00, with various weights cited up to 350 pounds and beyond at prices from $1.50 to $2.60. Ottumwa Waterloo Cedar Falls Des Moines show mixed price movements and different weight categories.
Des Moines AP reports combined hog receipts at 25 concentration yards and 7 packing plants in interior Iowa and southern Minnesota for the 24 hours ended 8 a m show totals of 100, down from 35,300 a week ago and 37.1 a year ago. Prices vary by weight with light hogs 140 to 160 lbs at 2.40, 75. 180 to 200 lbs at 2.55, 2.55. 250 to 299 lbs at 2.55 to 2.85. 350+ lbs at 2.10 to 2.55. Packing sows 275 to 350 lbs at 1.89 to 2.19. and 359 to 425 lbs at 1.70 to 2.00. Quotations based on bulk transactions. long haul shipments may differ.
AP dispatch details Chicago livestock trading with receipts of 25 000 head of hogs and 16 000 cattle. Hog prices across weight classes range from about 2.10 to 3.40, with sows 2.30 to 2.50. Cattle offerings include calves 500 head and cows, bulls, and steers with mixed prices from 3.00 to 8.00 per 100 pounds, noting steady to strong demand for various grades. Lambs show modest activity with steady to firm quotes.
Local markets list varied prices for meats and poultry. Hog quotations daily by J P Satieta show live weight ranges from 100 to 260 pounds with prices from 2.25 to 2.75 per pound. Poultry hens roosters and springs are priced at a few cents per pound, while extreme heavy butchers and packers fetch around 1.80 to 2.85 per pound.
Price quotes list good and choice livestock across weight ranges from 90 to 150 Ibs. and 98 to 110 Ibs. with per pound values and broader ranges for all weights. Includes ewes and medium grades with specific dollar amounts per unit and overall weight brackets.
Receipts rise across cattle hogs and sheep with varying demand. Hog top bids reach 3.09 per pound on around 200 pounders, semihigh weights 140 to 600 pounds quoted 2.60 to 2.90, sows 1.85 to 2.20, feeder pigs near 2.25. Cattle demand mixed with vealers steady to higher, stockers slow to steady, yearlings up to 8.00, beef cows 2.00 to 2.55, bulls 2.25 to 2.50. Sheep shows 10 percent feeders, lambs 19 to 25 cents higher, best fed wooly lambs 5.50 to 5.75, natives around 5.00, ewes to 2.00.
In Peoria Illinois hog receipts show 3.00 per head with top 3.25 and bulk around 3.20 for the day. Cattle and calves receipts total about 200 head each with steady to strong terms. top calf price 6.50 and bulk around 6.00.
New York AP market notes show butter receipts at 15 640 tubs with weaker demand and higher creamery prices. Eggs receipts firmer with mixed color and standard classifications. white eggs and premiums cited at various prices. Dressed poultry irregular with fresh or frozen fowls and turkeys priced per live weight or package.
AP report notes steady live poultry receipts with various price points for hens leghorn hens colored springs and roosters. Dressed turkey prices unchanged. Potatoes show heavy truck receipts and moderate demand with Idaho russets and Wisconsin round whites priced, butter and eggs also firm with graded and storage standards documented.
A weathered AP dispatch notes hay receipts at Chicago Hay Market unchanged with no receipts recorded. In Red Oak, 53 year old druggist Will Casey was shot in a holdup attempt. the shooter fled, while the youth attempting the hold up escaped. Des Moines reports the State Association of County Officers holding its annual convention June 21 to 23.
May wheat jumped about 2 cents as traders speculated on an imminent price support plan in Congress. An amendment to the farm bill would pay farmers the difference between market and a 75 percent price for wheat still on hand at year end. Chicago prices finished higher across May July corn oats and provisions gained.
Chicago market update shows No 2 red wheat at 49 1/2 cents, No 2 hard 43 1/4, No 2 yellow hard 47 1/4. Corn ranges from 22 to 24 1/2 cents for mixed and yellow varieties, oats at 15 to 16 1/2 cents, rye with no sales, timothy seed around 2.25 to 2.59 per cwt, and clover seed listed at 5.50 to 8.50 per cwt.
Wheat receipts rise to 1 car compared with 23 a year ago as market ticks 2 cents higher. Cash prices show No 1 northern around 47 to 48 cents with several protein variants and durum prices noted. Corn and oats quotes follow with No 3 yellow corn around 2 and No 2 white oats near 14 1/4 cents.
Minneapolis AP reports flour shipments unchanged totaling 27 105 barrels with Pure Bran at 88 078 50 and Standard Middlings priced at 7.00 to 7.50 per unit.
Fifty eight names were added to the Morning Sun Red Cross chapter with six dollars and fifty cents in donations. influenza patients include the Rev and Mrs Dougherty and two daughters. E Butcher and Alfred Waumpler returned from Bloomington Indiana after holiday visits. The United Presbyterian Missionary society meets Friday at 2 pm with Mrs O M Hensleigh. Mrs Rachel Liberty leads devotional reading. Mrs W J Giffin begins Rainbow Empire lessons. Mr and Mrs I M Jamison attended a dinner at the home of Attorney and Mrs Harold E Wilson in Muscatine. A son was born to Mr and Mrs Oak Kerr last Saturday. The Misses Ruth Mary Mildred and Marion Beck, St Louis teachers, spent ten days with their parents and returned to work. Miss Hazel Hull, Cedar Rapids hospital nurse, visits her parents.
The market resumed its rise led by lagging rails with many issues gaining 1 to 3 points and closing near highs. Transfers totaled 1.1 million shares as Union Pacific Santa Fe and Allied Chemical rose about 2 points and Norfolk and Western added nearly 30 points.
The bond market showed moderate hesitation with high grade issues holding firm while semi speculative classes fluctuated. Fed open market committee signaled intent to keep substantial excess reserves, with Fed system holdings around 1.551 billion dollars.
Wall Street showed selective gains with Alleghany up 1 percent and several heavyweights like Beth Steel and Union Carbide contributing to modestly higher readings. Traders kept close tabs on energy and utility issues amid a broad list of corporate quotes and curb market notes.
A Muscatine property equity in a well rented paying business is offered for a resident property in the city. An exchange is sought for a Round Oak range and a DeLavel cream separator. Henry Paul of Fairport IA seeks swaps via R R Pleasant Prairie. Also offering a 55 inch brown leather Davenport that opens to full bed with pad for studio use at 1517 E 5th St.
Fifteen residents from Wapsinonoc township and twelve from the Arden community attended live stock disease schools in Muscatine county on Thursday led by K W Stouder extension veterinarian specialist from Iowa State College. The sessions in Muscatine and Fulton township covered hog cholera and other diseases.
State of Iowa Muscatine County opens probate on the last will and testament of Susan A. Stiles deceased. Hearing set for January 25 1983 at the District Court January Term with appearance and cause required. Clerk E C Erwin of the District Court and attorney W Eversmeyer announced.
Special Execution issued by the Muscatine County Iowa District Court Clerk directs a sheriff sale. The notice invokes official authority to liquidate property under court order.
Notice to Rudolph Frahm and Edward J Schroeder that described real estate in Muscatine County Iowa is subject to expiration. Property includes Strip 100 feet wide in the northeast quarter and Strip 109 feet wide in the southeast quarter.
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