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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 03, 1933
Page
9
Hog prices gain 10 to 15 cents with prime medium weight hogs at 4.70 as direct receipts total 33 000, packers take 22 000. Cattle receipts 11 000, market firm to 25 cents higher. fair fleshed beeves 5.00 to 5.85, prime steers about 7.00, lambs 7.65 to outsiders, packers bidding 7.25 for bulk. Eastern buyers target high dressing beeves amid active trading.
Regional reports show Iowa hog prices varying by weight and market. Mason City Cedar Rapids Waterloo Ottumwa and Des Moines listings indicate prices from about 2.60 to 4.10 dollars per hundredweight, with primes and good packers evident across weights from 140 to 500 pounds.
Combined hog receipts at 25 concentration yards and 7 packing plants in interior Iowa and southern Minnesota for 48 hours ending 8:00 am show 49,400 hogs versus 64,500 a week ago. Prices vary by weight, with light lights 140-160 lbs at 3.25 to 3.75 dollars and heavy weights up to 4.25 dollars. sow ranges 3.10 to 3.65 dollars. Shipping point weight basis excluded from quotations.
AP dispatch reports U S Dept of Agriculture figures showing 33 000 hogs with direct sales firmer by 10 to 15 cents. top hog price 4 70 with weights 140 to 200 pounds at 3 50 to 4 60. Cattle receipts at 11 000 head with good steers and yearlings stronger by about 25 cents, heavier run predominating early trading.
Market notes show hog prices from 2.95 to 3.60 and cattle notes, with hogs 100 to 140 pounds at 2.95 to 3.60. Chicago wheat surges on Roosevelt message and crop damage, with July at 97 3/4 to 98 and corn up to 60 7/8. Oats rise 1 3/8 to 1 3/4 and provisions gain 5 to 25 cents.
Reported mixed cattle futures with best heavy steers and yearlings showing gains while cows remain steady and bulls up to 15 cents. Vealers strong as slaughter prices range for steers 550 to 1500 pounds from 3.00 to 7.25, with heifers and cows showing broad price bands. Sheep receipts 12,000 head Fair activity. lambs and yearlings see higher bids with packers paying up to 7.65 for lambs and ewes around 1.25 to 2.75 for good to medium quality.
Cattle receipts 7,000, calves 1,000, hogs 11,000 head with 6,500 direct, higher values by 5 to 10 cents. Top hog price $4.40 for 200–250 lb stock. ranges listed for lighter and heavier hogs. Sheep and lambs with 5,000 head. lambs 15–30 cents higher, yearlings steady. prices for ewes and other categories shown. Beef and veal categories include long yearlings to cows with varied price bands across weight classes.
U S Department of Agriculture notes hog receipts at 11 000 head with hog prices lifting 10 to 25 cents. top hogs $4 30 with various weight ranges and feeder pig costs around 2 50 to 3 00. Cattle and calves receipts total about 4 000 head. slaughter steers and beef cattle firm to up 15 to 25 cents, bulls and stockers steady, beef cow prices $2 50 to 3 50, heifers 4 25 to 5 00. lambs 7 00 to 7 25, ewes 1 00 to 2 00, best feeding lambs above 5 50.
Bond market closes with Liberty 3s at 102.24 Liberty 1st 4s at 102.7 Liberty 4s at 102.31 Treasury 44s 47-52 at 110.12 Treasury 4s 44-54 at 106.27 Treasury 3s 40-43 at 102.17 Treasury 3s 46-49 at 100.10 Treasury 3s 51-55 at 99.5
New York notes a largely narrow debt market with modest gains in a handful of semi speculative issues. Carrier loans led a few bright spots including Illinois Central 4s Erie 5s Southern Pacific 4 1 2s Baltimore & Ohio 4 1 2s Allegheny 5s and New York Central 5s. Government issues and foreign bonds moved little with slight firmness in French 7s and 7 1 2s while Italian and German issues dipped marginally.
The day’s market report lists diverse closing quotes across many blue chips and utilities. Gen Mot and Gillette show gains while Goodrich, Goodyear, and Lorillard advance. Hudson and Ill Cent post double digit moves amid broad trading activity.
Chicago market notes report bid prices for wheat corn oats rye and barley with specific No modifiers and various grades including No 2 hard No 2 northern spring No 2 yellow and white corn and oats values. Also listed are Timothy seed Clover seed and pork products with per cwt figures for lard bellies and loose lard.
AP summary notes open market activity in Chicago grain and provisions with reporting on current quotes, highs, lows, and closing figures for the session.
Minneapolis Grain reports 296 car Wheat receipts, holiday year prior up 4.6 percent. Cash bids include No 1 northern around 1.01 to 1.06 dollars per bushel, No 1 dark northern 14 to 15 percent protein 1.03 to 1.06, No 1 amber durum near 1.04. No 3 yellow corn 48 to 50 cents, No 3 white oats 45 to 45.5 cents.
AP reports steady receipts across poultry butter and eggs. Poultry prices include hens at 10 to 10.5 cents, leghorn breeders at 11 to 13 cents, and turkeys at 10 cents. Butter prices for creamery specials 93 score at 25 1/2 to 26 cents, eggs firm with extra firsts 14 1/2 to 14 3/4 cents local, and current receipts at 14 1/4 to 13 4/10 cents. Closing futures show eggs refrigerator standards for October and butter storage standards for November at 27 6 cents.
AP reports egg receipts totaling 1,026 cases with mixed colors and special packs priced from 17 2 20 cents to 16 1 7 cents. Butter receipts 9,775 tubs with creamery and extra grades listed, cheese 75,984 pounds firm, dressed poultry steady with various fresh and frozen prices for chickens fowls turkeys ducks and roosters.
AP dispatch from Minneapolis notes flour prices up 20 cents with carbon lots and family patents priced at 6.70 to 6.80 a barrel in 98 pound cotton sacks. Shipments total 39,722 rels while Pure Bran trades at 15.50 to 16.50 and Standard Middlings at 16.50 to 17.00.
Des Moines authorities arrested Arley Alder and Kirk Porter both of Maxwell Iowa on charges tied to the January robbery of an elderly Keokuk family. The eight thousand dollar robbery implicated two women already serving one year at Rockwell City reformatory. Police report additional suspect Harry Jones remains held in Keokuk and Alder and Porter were brought to Des Moines after arrest by Dallas County Sheriff C A Knee.
The Muscatine Rifle club won the Milan Illinois intercity match by 1917 points, edging Wilton by one. Wilton and Milan high scorers posted 399 and 399, while Geneseo came in fourth with 1844. Overcast winded conditions kept scores down. Dewar course 20 shots at 50 yards plus 20 at 100 yards.
National and American leaders are listed with players named Klein Fullis and Vaughan among Phillies Pirates Cardinals White Sox Yankees and Athletics. Highlights include Klein leading batting and RBIs while Foxx and Gehrig pace home runs and runs respectively.
Springfield Western league second baseman Jess Batterton, 19, of Los Angeles, died at a local hospital after a pitched ball fractured his skull in Omaha. Batterton collapsed in the second inning of Sunday's game. Omaha pitcher Floyd Carlson remained at his bedside through the night as doctors fought to relieve brain pressure.
Walter Emery a 20 year old Oklahoma University sophomore from Shawnee Oklahoma won the national intercollegiate golf title at Buffalo defeating Rodney Bliss of Cornell Nebraska State title holder 2 and 1 in the 36 hole final. English railroads carried more than a billion passengers in 1932.
Iowa City reports lower ticket prices for the game season as the athletic department shifts to a paying basis. The Hawkeyes will host three home games Bradley Tech Wisconsin and Iowa State while featuring Northwestern and foreign opponents on the schedule for homecoming and other events.
In Chicago St Paul and Minneapolis split games in a tight American Association series as the Saints slide to second by a half game. Emmett McCann’s squad built a seven run rally in the fifth to take the second game 9 3. Columbus swept Louisville 8 3 and 8 1 to pull away from the Saints. Toledo ripped 16 hits to beat Indianapolis 7 3 in game one of a doubleheader. game two ended 1 1 after three innings due to Sunday closing law. Walter Mails limited Milwaukee to three hits as Kansas City shaded the Brewers 6 0. Milwaukee then routed Kansas City 21 2 in the nightcap.
Classified notices show positions for a collector at a Muscatine firm with commission based pay and requests for applicants to write a journal with age and experience. Also ads seek portable phonographs, loan of $1 000 on 40 acres real estate with three years, and a request to write to Journal for details.
Interlocutory reports on six Muscatine county bank receiverships were filed with the court clerk. They cover cash on hand and disbursements as of June 30 1933 with hearings set for July 6 at 10 a m before Judge D W Jackson.
New York stocks and staples rose sharply with many gains of 1 to 8 points as the dollar weakened in foreign exchange markets after President Roosevelt criticized currency stabilization. Volume reached about 7,000,000 shares with rail and farming groups leading advances and notable climbs by Union Pacific Case 6 Deere International Harvester Sears Roebuck Columbian Carbon Allied Chemical and others. A loan approval by the Reconstruction Finance Corp. to exporters selling cotton to Soviet Russia aided the rally, underscoring renewed support for Russian trade and recognition.
An 1849 clipping notes a farm sale before an Oregon departure. It lists livestock tools and goods and, controversially, six enslaved people for sale as a single lot with cash or a note at 4 percent interest. The ad promises “Plenty to eat and drink.”
In Muscatine County Iowa the receiver D W Bates seeks court authority to sell the west half of the north half of the Pleasant Prairie Savings Bank real estate. Creditors depositors and interested parties are notified that the application is on file in the District Court Clerk's office.
State of Iowa Muscatine County notice that on June 17 1933 the last will of J Luchterhand was opened for probate in district court. An order for proof is set for July 15 1933 at the June term. Any interested party may appear and contest admission. E C Erwin Clerk Thompson and Thompson attorneys.
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