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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 07, 1933
Page
9
Hogs advanced 5 to 10 cents on brisk market activity with top at 4.75 and light loads shaping prices. Cattle and sheep saw mixed gains, steers around 5.25 to 6.70 with strong clearance, lambs up about 25 cents in active dealings amid slim receipts.
Iowa hog price survey from Waterloo and Mason City markets shows bids by weight. Prime hogs 180 240 pounds 3.75 to 4.05, 240 260 pounds 3.75 to 4.05, 260 300 pounds 3.70 to 4.00, 300 350 pounds 3.60 to 3.90. Good packers 3.20 to 3.50. Mason City reports good hogs 180 260 pounds 4.05, 260 300 pounds 3.95, 300 250 pounds 3.85, good sows 300 350 pounds 3.45, heavy 350 400 pounds 3.30, lights 140 160 pounds 2.50 to 3.00.
Combined receipts at major Iowa packing plants for the 24 hours ended 8:00 am showed 1,400 hogs, down sharply from a week and a year ago. Quoted prices range from 3.65 to 4.30 per cwt for various weight classes, with heavy pigs and thin sows discounted. Quotations based on bulk transactions. long shipments show weight shrinkage and affect pricing.
U S Department of Agriculture reports 19 000 hogs with a direct 9 000 and 1 500 cattle and 700 calves sold in Chicago trading at higher levels than yesterday. Hog prices range 4 60 to 4 75 for various weights with lighter and heavier shifts, cattle show broad trades with steers and heifers at 5 25 to 7 00 per cwt and vealers near 5 50 to 6 75, sheep active with lambs up about 25 cents.
Local grocers and markets list prices for poultry hens old roosters and hogs by weight. Hog quotations show ranges from 100 to 300 pounds with values from about 2.75 to 3.90 dollars, plus notes on yearlings sheep lambs and cows with varied bids and weights.
Hogs receipts 14 000 head including 546 direct fairly active with lights and butchers steady to 5 cents higher top 4 40, sows 6 to 10 cents higher. Cattle receipts 2 000 head calves 100 head fed steers and yearlings active strong. Sheep receipts 4 000 head fed lambs 73 to 76 pounds at 7 25, early sales higher 6 75 to 7 75, California shorn lambs average 64 pounds 5 35.
Kansas City market receipts hogs 4 500 head closing higher to 5 cents premium with top 4 50 for 200 290 lb hogs and broader ranges for lighter and heavier weights. Cattle receipts 1 300 head calves 250 head market steady with higher spots for feeders and Colorado fed steers around 5 25. Sheep receipts 300 head killing classes steady with top native lambs around 7 65 and wooled lambs down from 7 25 to 7 70.
U S Dept. of Agriculture reports mixed week for cattle hogs and sheep with uneven trade and firmer prices. Fed steers and yearlings steadier to 25c higher while light stock showed upturn. hogs unevenly stronger with top near 4.65, sheep and lambs firmer with top at 8.25 and midweek quotes 7.75 8.00 for desirable natives and Westerns.
The bond market moved into higher price territory as rail shares boosted demand for carrier loans. Traders priced Allegheny 5s Chicago and Northwestern 4s Illinois Central 44.8 Missouri Pacific 5s Southern Railway 4s and others up 1 to 3 points while high grade bonds held firm. Industrial loans inched higher and federal as well as foreign issues showed modest strength in quiet trading.
Trading on the New York Stock Exchange shows a mixed day with several leaders slipping while others hold steady. Major names such as Goodrich Goodyear and Ford Motor display modest gains, while Penn Pennsylvanian and NY Central show varied movements among investors.
Wheat deliveries in Chicago topped 1.00 a bushel at one point with some bids to 1.1014 as traders took profits and rains eased gains. Prices closed unsettled with mixed changes across wheat, corn, oats and provisions as currency shocks and Roosevelt's money policy stance influenced futures.
Wheat prices ranged with No 1 hard at 1.00 to 1.04 per bushel and various Nos 2 and 3 grades noted. Corn prices listed for mixed and yellow grades with further entries for white samples, oats, rye, barley and barley, Timothy seed, clover, and lard market values.
AP reports Chicago produce market activity with poultry and butter receipts. Poultry prices vary by line: hens, roosters, ducks, geese, broilers and fryers listed with cents per pound. butter receipts show tubs and creamery scores. eggs receipts and price ranges for extra firsts and graded categories.
New York dairy markets report butter receipts at 14,641 tubs with firmer tones. Creamery butter prices rise 26 to 27 cents for various quality grades. No 1 and No 1% lines cited. Cheese receipts set at 174,2307 pounds, eggs at 19,380 cases, both firm. Dressed poultry firm with fowls fresh and frozen at 10 to 16 cents. other grades unchanged.
Raw sugar held at 3.55 a pound as futures edged up by a point. Refiners kept quotes at 4.60 a hundredweight amid a firm market tone in New York.
Minneapolis Flour reports unchanged prices as of September with 39,898 barrels traded. Pure Bran at 16.50, Standard Middlings 18.00 to 18.50 per unit.
New York reports buoyant demand in currencies with rates for Britain France Italy Belgium Germany and more. Separate note highlights a bee hive yield increase by electricity through lighting and heating, boosting honey production by up to 17 pounds.
The Rev Noland received clearance to preach from the district conference and will deliver his first sermon Jesus Our Example at the Methodist Episcopal church Sunday at 11 a m. A 1932 graduate of the State University of Iowa he spent the past year in New York attending a biblical seminary and plans to return this fall. The Cedar Valley Community club met at Rotary hut with a basket supper for 1380 and a varied program featuring a Cedar Valley band and 4 H club members. Several local families took trips or visits to Hubbard Ohio New York and Ontario and other towns over the past week.
Lydia Kasiske of Wapello and Hosea D. Sellers of Littleton Ill were married June 25 at the home of Rev A E Cole in Cambridge Ill The couple will live in Littleton where the bride formerly resided and served as Epworth league advisor The Louisa county Medical association plans a July 12 picnic at Meyerholtz lake near Wapello Harriet Webster left for Oklahoma City for a civil service job Attending the Baker funeral were S H Archibald of Newton and L H Rowe with Douglas Steabler of Ann Arbor en route to Denver
In New York stocks opened with gains but profit taking trimmed early advances. Dollar weakness and a pound rally spurred wide price swings with many issues turning up or down a point or more. Major firms such as U S Steel and Bethlehem Steel moved irregularly as markets digested late London dispatches on a proposed worldwide plan for shorter work hours higher wages and farm prices.
Conesville residents mark the Fourth with visits to the Curtin home and Sunset park picnic. families of Neitzel Wagner Shellebarger Brehme Crawford and Parks travel to Washington for the holiday. Anna Gay Fay Gay and Joe Gay visit from Minneapolis Iowa City and Rock Island. others host and attend family gatherings. Mr Storms celebrates his 91st birthday with family as urns of activity continue.
Lost brown leather billfold near Beach Lumber Co reward call 2089 J. Lost set of keys call 2081 W. Help wanted two neat canvassers good OP McMullen Studio 222% E 2nd. Wanted an experienced office girl Address H Journal.
A Fruitland bulletin highlights a long list of local residents and guests enjoying an all day picnic in Mittman pasture with games and fishing. Notable visits include Charlene Gordy returning from Muscatine and various families from Muscatine Kingston Cedar Rapids and Davenport. A girl named Helen Martin sustained a facial injury from a truck and is recovering at home. A new baby was born to J Satello and his wife at Washington, Iowa. Naomi Neipert plans a week at her parents’ home in Muscatine.
Notice states the Stockton Consolidated Independent District in Iowa will hold a meeting on July 17, 1933 at 8:00 pm at Town Hall. Taxpayers may speak on the estimated expenditures. District Secretary Wm C L Dage provides the 1930 taxable valuations for Muscatine and Scott counties and related financial figures.
A good assortment of used cars priced to sell. Includes 1932 Plymouth sedan 1930 Willys sedan 1930 Essex coach 1930 Essex Panel Del 1930 Olds sedan 1929 Dodge Brougham 1928 Whippet 4 coach 1928 Whippet 6 coach 1927 Star sedan 1926 Dodge sedan. Your present car as part of all the down payment. Urey Banker Auto Inc Phone 610. Open Evenings.
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