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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jan 18, 1933
Page
9
Overnight hog arrivals topped estimates by 5 000 head and 10 000 head above last year, pushing prices down about 10 cents with top at 3 30. Packers sold 11 000 head but were inactive, while cattle and lamb markets remained steady to slow amid lighter demand and higher quality emphasis.
Des Moines reports U.S. Department of Agriculture data showing combined hog receipts in interior Iowa and southern Minnesota for the 24 hour period ending 8 a.m. today totaling 49,200, up from a week and a year ago. Prices range by weight from 2.35 to 2.79 for light weights and decline for heavier hogs, with packing sows at about 1.60 to 2.20. Weak to 100 lower overall, demand brisk amid icy roads and light marketing, bulk and shipping point terms noted.
Hog price reports from Mason City Ottumwa Waterloo Cedar Rapids and Des Moines show varied bids by weight and class. Prices range from around 1.30 to 2.70 per pound with primes and packers cited and several weight brackets listed.
U S Dept of Agriculture hog receipts total about 30 000 head with uneven demand. Prices show 170 to 250 lb packing sows 3 05 to 2 30, 369 to 336 lb pigs 2 85 to 5 05, light pigs 3 10 to 3 25, and light weights 140 to 160 lb at 3 00 to 3 10. Calves near 1 500 head and yearlings steady. early top yearlings at 7 00, weighty steers offered with some strength but general undertone softer. Heavy beef cows and heifers in weaker tone.
Chicago reports weaker market as Canadian exchange weakness widens the gap with Winnipeg. Wheat ends unsettled to 7-8 lower with May at 46 3-4 to 7-8 and July at 46 7-8 to 47. Corn, oats, and provisions show modest moves amid light export demand. Local markets note hens and poultry prices vary while hogs range across weight classes.
Slaughter cattle and vealers range with steers and heifers in good to choice tiers. Bulls, cutters and yearling bulls show lower trends while vealers and feeder cattle sustain moderate to strong values amid steady receipts of sheep and lambs.
Peoria Michigan hog market receipts totaled 4 509 head with prices 5 to 100 lower. Top 33 20 while bulk sales averaged 2 907 at 3 25. Cattle receipts 200 head steady to strong and calves 200 head steady to 530 higher with top 7 00 and bulk 5 90.
Receipts: hogs 14000 with direct 43 and through 87, mixed demand and steady to 10 cents lower for heavier weights. top hogs 2.99. Cattle receipts 5500 with calves scarce and steers slow, heifers mostly 3.75 to 4.75, beef cows 2.00 to 2.50. feeders firm. Sheep receipts 6000 with lamb market not fully established, early bids weak to 25 cents lower, natives 5.00 to 5.20, fed wooled lambs 3.40 to 5.50, best above 5.75.
Minneapolis Minneapolis Minn AP Flour shipments unchanged at 18 907 barrelsPure Bran eighty eight point zero nine dollarsStandard Middlings eight point zero zero four eight ninety dollars per unit.
The bond market showed modest cheer as gains appeared in United States and major foreign government issues. 3s and 3s sought 6 to 32nds, Liberty fourth 44s supported by belief it will not be called soon. Rail, utilities, and industrials showed firmer but best issues remained hesitant.
New York AP report shows stocks weakening in late trading after holding steady most of the day. Union Pacific dropped over 2 points while Woolworth fell nearly 3. Other declines included Consolidated Gas Case American Telephone American Tobacco B Air Reduction and Santa Fe with several transfers around 700 000 shares for Chesapeake and Ohio and American Can.
Des Moines reports that investigators found no evidence of a planned robbery behind the Burlington passenger train wreck near Knoxville last week. State agents questioned injured passengers and Burlington officials said foul play was unlikely.
AP reports Chicago commodity prices for wheat, corn, oats, rye, barley, timothy, and clover seed. Mixed and yellow corn grades show fractional gains and declines, with Old Corn, No 2 yellow, and No 3 white among noted values.
Minneapolis AP reports wheat receipts at 116 cars, down from 77 last year, with cash prices for No 1 Northern around 47 to 48 dollars and various categories for No 1 and No 2 dark northern and amber durum. Prices list different protein contents and futures like May and July at 45 1/4 to 45 1/2 cents. Other grains show mixed quotes: corn No 3 at 20 2/ic, oats No 3 white about 13 to 14 1/2 cents, barley around 19 27 cents, rye No 2 around 32 1/2 cents, and flax No 7 at 42 dollars 1.16 percent.
Peoria market notes cash corn receipts steady with 5 car lots reported. No. 3 yellow priced around 21 to 22 cents, No. 6 yellow around 19 to 20 cents. Market described as active with light, steady trade.
New York and Chicago market notes show butter receipts at 12 965 tubs firmer and cheese receipts at 57 915 lbs with prices unchanged. Eggs and poultry follow steady or rising quotes while potato shipments and various butter grade levels are listed with small percentage differentials.
A 2 percent state sales tax bill moved to second reading in the senate as a fund raiser for unemployment relief. Senator Francis J. Loughran of Chicago introduced the measure, while in the house Rep. B. G. Soderstrom of Streator proposed a five day work week for two years for most state employees.
Reports from Shanghai confirm 300 Chinese passengers are lost after the coastal steamer Hsin Ning Tai foundered in Hangzhou Bay during a storm. Dis patches say the ship sank and many corpses washed ashore.
New York closing quotations list varied gains and losses across major issues. Notable figures include Gillette 17% and RCA 5% with Penn 16% and Texaco 13s, while Goodyear 16% and Goodrich 47s show mixed movement among industrials and manufacturers.
Gene Sarazen launches a campaign for larger golf cups sparking mixed reactions among top players. Some back eight inch cups, others oppose, many favor a six inch compromise. Players cite thrills for spectators, impact on long game, and course adjustments as key factors.
Dr. E R Fulkerson of New York heads the Fellowship Forward group and will speak Monday morning as the Muscatine County Ministerial Association meets at the Cedar Street Methodist Episcopal church. The all day session begins at 10 00 a m with Otis Moore as afternoon speaker on the Challenge of the Rural Church. Talks will be followed by discussions.
The Royal Astronomical Society will award its gold medal to Dr. Vesto M. Slipher of the Lowell Observatory Flagstaff Ariz for spectroscopic studies of planets stars and nebulae He will deliver the 1933 George Darwin lecture His 1930 identification of a trans Neptune body sparked global attention arguing it as a major planet ten likely eight known planets prior to this discovery and noting distances and dates of Uranus and Neptune
A fire in Eagle Grove Iowa destroyed W. M. Eaton's home Tuesday night. Fire officials say defective wiring caused the blaze. Eaton was in the house alone and had to jump from an upstairs window to escape. Damages estimated at 3000 dollars were covered by insurance.
St. Marys high school basketball team traveled to Burlington Tuesday night only to discover a date mixup and that they were not scheduled to play St. Pauls at Burlington as planned. The scheduling error arose from an early season misunderstanding.
Washington defeats Tipton College 49 to 34 in a brisk Tuesday night contest. Washington led 29 to 3 at halftime as Hipple sparked a late Tipton rally with 19 second half points before fouling out. Marshall led Washington in scoring.
Des Moines will host three major high school basketball tournaments at the Drake Field House in March. The Catholic state tournament runs March 9–10 with eight teams. the boys state meet follows March 16–18 featuring 16 district winners. the girls meet is set for March 23–25 with eight district winners. A potential DeMolay meet may also come to Des Moines.
Edmon Paul marks his twelfth birthday while his sister Joanne observes her first. Mr. and Mrs. Borchardt and daughter visit the Bentleys. Roy Egel hosts guests including the Grimms and Ray Nagel. G R Cole hosts neighbors for a birthday tribute to his father D A Cole. A public card party is planned in Pleasant Prairie hall under the club’s auspices with Frank Stecher, Walter Stigers, and Raymond Stigers on the committee.
An advertisement seeks men for Rawleigh city routes serving 800 customers in West Liberty Wilton Wapello and Washington Iowa discussing earnings starting at 25 dollars weekly. Also a grateful note thanks friends neighbors and church helpers for sympathy during bereavement. Signed Detmar Ryan family and J L Hubbard family.
Knights Templar gather for De Molay Commandery No 1 installation of officers on Wednesday January 18 at 7 39 PM All Knights Templar welcome per order and notice went out for the event.
Three trucks were involved in a collision about a mile and a half north of Grandview on highway 61 at about 9 am. All drivers escaped serious injuries with only slight damage. a Lagomarcino truck moved north and slid left, a Scott county car attempted to pass and failed to see a oncoming U S Bakery truck from Muscatine, resulting in the bakery truck overturning off the embankment.
Elmer Naisle, 40, of Turtle Lake Wisconsin, found wandering in a daze and taken to General hospital after being slugged by three men at the east end of the Plymouth avenue bridge and robbed of 290. The war veteran suffered severe head lacerations and was in serious condition.
The Chicago Federal Reserve Bank reports the national share the work movement saved jobs in five midwestern cities. About 3,000 workers kept their jobs and more than 1,100 gained employment. Peoria led with 66 of 82 firms retaining 1,542 workers and adding 735 to payrolls. Des Moines had 33 of 38 firms retain and hire 37.
Will swap 40 acre farm for city property. For sale or trade Fordson tractor and plow. Dodge ton and a half truck. Phone 1779.
Berlin reports President Von Hindenburg signed an emergency decree halting foreclosures on mortgaged estates and farms until harvest. Mortgagers have until October 31 to pay, easing spring cash pressures on farmers.
Notice of incorporation for The Schreurs Company under Iowa law. Articles authorize the corporation to own real estate and patent rights, loan money, and issue notes or bonds. Principal place of business is Muscatine, Muscatine County, Iowa, with broad powers to transact real estate, patents, securities, and borrowings.
Classified notices seek items and services including a $3 300 investment warning a safe cupboard a Winchester shotgun a housemaid and a 1931 Chevrolet coupe for cash Readers are offered contact numbers and a Maiden Lane address for work and sales inquiries.
Articles detail broad powers for a new corporation in Mascatine Iowa including buying selling leasing managing and encumbering real and personal property. Authorized capital stock ten thousand dollars divided into one thousand shares of one hundred each. Board of three directors with officers president vice president and secretary treasurer. Business to commence December 1 1932 and run twenty years with initial directors and incorporators named.
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