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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jan 13, 1933
Page
11
Prices for hogs fell about ten cents as receipts increased, with top past $3.25. Packers held 9,000 direct purchases, refusing until outsiders set prices a dime lower. Total receipts reached 114,500 in the market area, with liberal fresh bins and light cuts near bottom century levels.
Combined hog receipts for 24 hours ending 8 a m at 25 Iowa and southern Minnesota plants totaled about 41 500 head, down from 53 109 a week earlier and 33 000 a year ago. Prices varied by weight, distance, and hog class with mostly 10c declines.
The Associated Press reports Iowa hog prices by market: Mason City Best to 220 lbs at 82.6 cents, 220–280 lbs around $2.50, 250–280 lbs near $2.30, 290–359 lbs about $2.10, 400–450 lbs at $1.50 to $1.85, and over 350 lbs around $1.85. Ottumwa and Waterloo quote varied ranges. Cedar Rapids shows 160–246 lbs at $2.50 down to 310–320 lbs at $2.05, Des Moines lists lighter hogs near $2.90 and 170–3200 lbs around $2.30 to $2.60 with good packers at $1.95.
Receipts total 14 000 hogs and 1 500 calves with a mixed market. Hogs mostly 10 cents lower than yesterday. various weight ranges quoted from 18 to 350 pounds with prices ranging from about 2.50 to 3.25 per hundredweight. Cattle and calves show active demand for light weights while weighty steers and beef cows struggle. buyers price broadly, with ranges from 1.75 to 7.25 per 100 pounds and top quotes near 6.75 for certain heavy cattle. Lambs steady to lower, best above 6.57, with lighter weights around 5.75 to 6.40.
Local markets show wheat prices easing as grocers and markets pay 14 to 24 cents. Poultry prices drop 3 to 8 cents for old roosters and 4 to 7 cents for springs. Hog quotes from J P Squire Co Muscatine list classes from 100 to 300 lbs with varying dollars per cwt. Chicago markets slide as farm bill prospects unsettle futures. May wheat down to 48 1 4, July at 47 3 4 cents.
The document lists carcass and live weights with prices for good and choice sheep and ewes. It covers ranges from 98 to 110 pounds and up to 150 pounds, with price figures such as 5.7596.35, 6.10, 42.75, and 1.25 to 2.25 per unit.
Peoria market notes show hog receipts at 5.5 head and 15 to 200 tower with top 3.1 and bulk around 2 7543.00. Cattle receipts total 200 head were steady. Calves receipts 200 head steady to slightly lower with top 6.50.
Hogs receipts 16 000 with 693 through and 5 direct. Prices mostly 5 to 10 lower with tops at 2.90 and 140 to 250 lb the bulk 2.70 to 2.85. Cattle receipts 1 500 head with steady values. fed steers and yearlings 3.75 to 5.00. beef cows 2.40 to 2.50. bulls 2.25 to 2.50. Sheep receipts 10 000 head including 984 direct and 1 500 fed lambs. market open scarce but steady with lambs 5.50 to 5.70 and top to shippers 6.00 while ewes ease.
In New York the bond market showed a top heavy, unsettled tone with little progress in price averages. Losses in buoyant issues were blamed on profit taking, while long term Treasuries slipped amid expectations of continued easy money.
U S Department of Agriculture weekly market report shows cattle gains across weight classes with light cattle and yearlings higher and heavy bulls up 15 to 25 cents. Hogs rise for light and medium weights while sows improve. sheep demand stronger with higher dressed prices and Nebraska fed lambs improving. Top cattle and lamb prices noted with mixed quality outputs and notable weekly receipts.
Des Moines AP reports the average cost per pupil for public elementary and secondary schools in Iowa for the year ending June 30, 1932, was 91.30 dollars. The figure marks a substantial drop from 1930 and 1931, due mainly to lower operating expenses and higher attendance.
Bruce Casady, convicted in the Cottage Grove Avenue State bank robbery of 1926, is being held in Iowa City for parole violation. Plans call for returning Casady to Fort Madison penitentiary after he vanished from a Hampton area farm on December 19 last year.
AP report lists Chicago wheat prices for No 2 hard 491c and No 1 northern spring 49c with other grades. Corn and oats values shown for multiple grades including No 2 mixed 24%c and No 4 yellow 23924c. Rye and barley prices alongside Timothy and Clover seed per cwt are noted.
Wheat receipts 114 cars versus 73 a year ago with cash prices varying by protein and type. No. 1 northern around 483% to 49%4c, No. 1 dark northern 14 to 18 percent protein between 52% and 55% with various basis values. No. 1 amber durum and No. 2 amber durum priced between 5314 and 55c. Corn No. 2 yellow 22 238c. Oats No. 3 white 144% 14c.
AP dispatch notes cash corn receipts at 67 cars with varying yellows and mixed grades. No 3 yellow 21 2 3 percent, No 4 yellow 21 21 percent, No 3 mixed 21 2 3 percent. Oats receipts 5 cars unchanged with No 3 white 5 cents.
AP dispatch details live poultry receipts from Chicago with prices for hens Leghorn roosters turkeys ducks geese and broilers. Butter and eggs futures and grades listed with current receipts and stock statuses across Wisconsin Michigan Idaho and Colorado markets.
New York dispatch reports butter receipts totaling 9 803 tubs with weaker pricing as creamery prices rise beyond 20 percent. Egg receipts reach 13 208 cases with mixed color grades and standards holding steady. Open market butter and egg prices reflect regional variations across nearby and mid western supplies with specific cent per pound or per dozen ranges noted for different quality tiers.
Minneapolis AP notes flour shipments remain unchanged at 25 639 barrels with Pure Bran priced at 8 50 and 2 00 for standard middlings at 8 00 to 8 50.
New York stocks fluctuate as investors react to scattered earnings and energy names. Notable figures include Tex Corp at 18.15, Studebaker 4.12, United Founders 15, and Ark Nat Gas 1 marked by varied gains and losses across the board.
The article summarizes President Hoover's veto and warnings about a bill on the Philippines, outlining concerns over independence, economic impact, and US military bases. It notes arguments for and against the measure and Hoover's call for immediate steps toward genuine autonomy.
Iowa legislators debate farm debt relief with a house joint resolution seeking a one year moratorium on farm mortgages and federal aid. Senator Claude Stanley and William Carden consider bills on road levies and county board actions. Governor Herring's inaugural agenda focuses on economy tax relief and possible repeal of the gasoline tax refund law as festivities draw crowds at the capitol.
White House aides say President Hoover will rest for at least a year after Roosevelt takes over on March 4. He will return to Palo Alto California possibly via the Panama Canal and may take a sail fishing trip in southern waters.
Multiple vintage automobiles listed with model years ranging from 1925 to 1932 for sale. Includes sedans coupes coaches and a Nash coupe with down payment and easy weekly or monthly payments. Also selling good used tires. Phone 610 and open evenings.
A mixed set of classified notes advertises homes, dresses, books, a heatrola, furniture, hay, poultry, and swaps. Items include a five room bungalow near Weed Park with oak floors and basement garage, dresses at low prices, a fiction library, a nearly new heatrola, a complete bed with gas range, soy bean hay, and various swap offers from local residents and businesses. Names and locations include John F. Thomson, Montgomery Ward & Co, Earl Duncan, and H. H. Hawker in West Liberty and Nichols Ia.
Electa Chapter of Eastern Star will install officers Monday at 8 p m at the Masonic Temple. Open to all Masons and affiliated groups and families. Wilma Ziegler, W M. Washington Chapter No 4 R A M and Webb Council No 18 R S M meet Friday January 13 at 7 30 p m for officer installation. Bees companions welcome. Special we of Iowa Lodge No 2 January 17 7 30 p m Second Degree. All Masons welcome.
A new type motor car coach debuted on the Muscatine to Wilton Rock Island branch, leaving Muscatine at 9 30 a m. today and replacing the Wilton plug steam equipment. The Wilton plug, retired, was associated with San Francisco residents and local clubs. Burial plans for one former club member are listed with a January 9 memorial in Cypress Lawn Memorial Park.
Mrs Barbara A Detwiler, beloved wife of the late Phillip M Detwiler, mother of the late Hugh Sherman Detwiler, and mother of Charles Floyd and Justice B Detwiler. The obituary notes her role in the family and honors her memory.
By order of the Referee in Bankruptcy in the District Court of the United States the Trustee in Bankruptcy for William E Ehrecke offers for sale at public auction the described personal property from premises about two and a half miles east of Pleasant Prairie three miles west of Blue Grass and six miles southwest of Stockton in Muscatine County Iowa
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