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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 10, 1933
Page
9
Chicago AP reports hogs fell ten cents amid slow trade with large direct shipments and ample supplies. Top hog price slid to 4.60 while most good hogs sold 4.50 to 4.60. Cattle and sheep markets showed mixed results with fat steers around 7.00 and fat lambs weaker to 25 cents lower.
Waterloo reports prime hogs at 180 to 260 pounds 3.60 to 3.90 per pound with higher ranges for heavier hogs. Mason City shows hogs from 3.65 to 3.85 for various weights plus sow and light hog prices. Cedars and Ottumwa provide multiple weight bands and declining corn prices No 2 yellow at 45 cents. Des Moines notes prices down 5 to 10 cents across selected weights.
Combined hog receipts for 48 hours ended 8:00 a m in Minnesota interiors show lower compared with prior periods as demand stays slow and loading light. Quotes by weight range: 140-166 lb light hogs at 3.75, 160-180 lb at 3.00, 186-200 lb at 3.80-4.15, 200-220 lb at 3.88-4.20, 250-290 lb at 3.85-4.20, 275-350 lb at 3.90-3.65, 350-425 lb at 4.00-3.65, 450-550 lb at 3.70-4.15.
From Kansas City Missouri wire service. Hog receipts reach 8 000 head with uneven demand and bid declines from Friday's levels. Top hog price around 4.35 with 140 to 160 pound animals fetching near 2 per hundredweight. Calves 1 100 head in fair activity, fed steers up 25 cents with choice grades around 6.40 for heavy cattle and 5.25 for 530 to 900 pound steers. Sows and lighter hogs quoted in lower ranges.
Sensational rye gains push rye and wheat prices to new highs. Traders cite tax effects and price differentials favoring rye, boosting rye flour demand while shrinking rye supply. Rye closes up 7 to 7.5 cents, wheat up about 0.5 to 1 cent, July at 1.00 and Sept near 1.03 to 1.035.
Receipts reach 5 000 head with lambs up 10 to 25 cents and sheep and yearlings steady. Prices vary by weight from vealers to cattle including cutters, stockers, and feeders with multiple grade distinctions and per hundredweight ranges noted.
Hog receipts reach 45 000 with 24 000 direct as prices slide 10 cents. Heavier hogs fall to 4 35 and below while light pigs 3 00 to 4 60. Cattle receipts total 11 000 with fat cattle up 25 to 50 cents and vealers rising, range for steers 5 50 to 6 75 and yearlings near 7 00. Sheep herds total 13 000 with lambs steady to 25 cents lower, top city butcher lambs 8 75, cull and common lower.
U S Department of Agriculture reports 15 000 cattle and 7 500 sheep at Omaha auction. Cattle steady to higher on strong weights with top steers 6 40, vealers 5 00 to 5 50, cows to 3 00. hogs mostly 10 to 40 cents lower with top 4 25 and sows around 3 90. Lambs opening weak while native lambs reach 7 75 to over 8 00 with feeder lambs about 5 59. Continuous bidding shifts and country demand noted through the week.
Min ls Minnesota AP notes price ranges for flour at 1.50 per unit, carriage fees 6.50 per barrel, cotton barge 98 lb, and miscellaneous items including Pure at 17.00, Midchines at 18.50 to 19.00. The fragment outlines costs for family payments and related goods.
The bond market weakly moved on industrials and assorted foreign issues as leadership. Gulf State Steel 5s and Hudson Coal 5s drove gains among industrial loans while Texas Company 5s and Warner Brothers loans showed small improvements. French issues bolstered the foreign bloc as government bonds moved narrowly.
The report lists bid and offer values for multiple currencies and markets. It notes high demand in several centers and quotes rates for Britain France Italy Germany Holland Norway Sweden Denmark Switzerland Spain Greece Poland Czechoslovakia Jugoslavia Romania Tokyo Shanghai Hongkong and the Mexico City silver market, with cross listings for Montreal and New York.
Market quotes show Alleghany up 7 percent and Am Steel Fdrs at 24 as oil and gas groups move. Stand Oil Ind 33 percent, United Founders 3, United Gas 5. Investors monitor coal and utility stock activity as trading continues.
Wheat and corn prices with No. 5 red and hard wheats listed at multiple fractions of a dollar. Minneapolis and Chicago market figures show 270 railroad car receipts and various cash bids for No 1 and No 2 grades, amber durum, red durum, and mixed corn and oats across several price points.
Chicago AP market report lists poultry receipts at 22 trucks with steady prices for hens leghorn roosters turkeys and various fryers. Butter eggs and potatoes show steady to mixed values across graded creamery extras firsts seconds and local markets with futures for butter and egg standards noted.
Butter receipts total 7 770 pounds unsettled with price spreads for extra and first quality levels. Cheese receipts hold firm at 82 135 pounds while eggs show 11 626 cases irregularly reported. Dressed poultry remains firm with fresh and frozen prices for chickens fowls and roosters noted.
Ben Jeby of New York defends his world middleweight claim against Young Terry of Trenton in a 15 round Dreamland Park bout in Newark. The card also includes Freddie Miller Rosenbloom Wolgast and Petrolle among champions entering action this week.
Irregular price movements clouded the market in New York as grains and cotton rose while the dollar declined in foreign exchange. Trading slowed to a cautious pace with transfers around 4 850 000 shares and utilities showing slight support amid a broad air of caution.
New York bonds closed with Liberty 81s at 102.23 Liberty 1st 4s at 102.3 and Liberty 4th 4s at 102.25 Treasury 448 47-52 at 109.29 Treasury 4s 44-54 at 106.12 Treasury 3s 40-43 at 102.10 Treasury 2s 46-49 at 1 Treasury 8s 51-55 at 98.31
United Brethren and the First M E Juniors, leading the Sunday school league, meet in the feature night kittenball clash under Jefferson field lights on Wednesday. The league game was postponed Friday due to rain. A preliminary match between two other teams is planned.
Frankie Parker the Milwaukee 17 year old who was born Pajkowski won the national clay courts singles title in Chicago defeating Gene Mako 6 3 6 3 6 3. Parker has also claimed national boys and junior championships and beat Mako in those finals. Mako and Jack Tidball later defeated John McDiarmid and Robert Bryan for the title 6 2 2 6 7 5.
The Muscatine White Sox beat Fruitland in the first game by 11 to 5 with Templeton and Tobias in the batteries. In the second game the Sox defeated a picked team 7 to 3 with Fabrizius and Tobias on the mound.
Mohler, once USC football star, was released by the Los Angeles club of the Pacific Coast league. The Trojans great batted over .300 but his fielding declined. pitcher George Buchanan was also dropped. Manager Jack Lelivelt cited expense cuts as the reason.
The Nichols Independent District in Pike Township Muscatine County Iowa schedules a July 21 1933 8 p m meeting at Nichols School to hear taxpayers on its expenditure estimate. Reports show 1932 taxable valuation of 144 881 and 112 school aged residents with 50 875 in moneys and credits.
Ground floor unfurnished units from 5 to 8 dollars monthly include gas. Modern five room apartments on Second Street with steam heat. Several rooms for rent including furnished and light housekeeping options. Phone numbers 636 2199 1227 1598 W and 912 E 10th listed for contact.
The Real Silk Hosiery Mills announces it will employ two ladies for Muscatine and vicinity. They will canvass customers in the area and collect payments or applications. Write or apply at Davenport address Lane Building, Davenport, Iowa.
Max Baer the heavyweight title hopeful meets Babe Hunt of Ponca City in a four round exhibition in Oklahoma City. Referee Jack Dempsey tallies Hunt at 6 feet 4 inches and about 197 pounds, Baer at 6 feet 3 inches and about 210 pounds. This opens Baer’s return to the Pacific coast.
Babe Ruth and Bill Dickey each knocked in six runs as the Yankees defeated the Tigers Ruth slammed three home runs fueling the high scoring win.
In the Southern District of Iowa Davenport Division before Referee W A Newport Herschel J Schmidt bankruptcy No 6263. On July 8 1933 the petition for discharge is read and on Aug 8 1933 creditors and interested persons are fixed to file or oppose discharge in this estate.
Choice Hereford cattle of all weights offered by John Head of Wapello Iowa. Good young Hereford cows with calves at side available at attractive prices.
State of Iowa Muscatine County issues probate notice dated July 1 1933. The notice informs concerned parties of proceedings and requires appearance or actions as directed by the probate authorities. Details read in fragments but establish official notification of probate matter.
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