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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 15, 1933
Page
9
Chicago reports limited hog sales with prices slipping to a top of 4.60 as packers handle most activity and eastern shippers buy over 14 000 hogs this week. Cattle prices rise amid smaller supplies while sheep stay near steady with lambs easing to around 7 50 to 8 dollars.
U S Department of Agriculture reports for the 74 hour period ending 8 00 a m show hog receipts from 25 concentration yards and 7 packing plants in interior lows and southern Minnesota totaling 200 head, down from 36 800 a week earlier and 16 100 a year ago Prices ranged by weight with light 140 to 160 lbs at 3 25 to 3 75 and heavy weights up to 3 85 to 4 25 Packing sow prices spanned 3 10 to 4 25 with various weights quoted, bulk transactions driving the market.
Hog price report lists regional quotes in Iowa markets including Waterloo Mason City Ottumwa and Cedar Rapids. Prices cover hogs 140 to 500 pounds with ranges for prime good packers and varying weights and explicit price figures per region.
U S Department reports receipts near 1 200 cattle and 800 sheep in Kansas City Missouri buyers paid 4.25 to 4.40 for feeder cattle and 4.40 top for 180 to 290 pound calves. Cattle week totals show steers to 6.90 and yearlings to 6.60 with vealers 5.50 while stockers and feeders range 3.50 to 4.75. Sheep week results show lambs and yearlings 0.25 to 0.40 lower with native lambs top near 7.90 and fat ewes around 1.25 to 1.75.
Chicago cattle receipts reach 1500 head with gains across all grades led by heavies at 7.50 and year lings at 7.10 while heifers rise to 6.50. cows up 25 cents and vealers 1 dollar lower. New York markets rally as wheat climbs and stocks advance 1 to 3 plus points with notable gains in metal and alcohol shares and renewed gold market hopes.
Local grocers quote poultry and beef prices with hens at 7 to 9 cents and 2043. Markets show range from 3.65 to 4.20 per unit with heavy and butcher classifications.
Receipts reach about 11 000 head with 10 000 direct sales and steady to down slightly from Friday. Light to heavy weight cattle and hogs show varied results from $3.50 to $6.00, with specific ranges for different weight classes and packers reporting cautious bidding amid overall steady to slightly lower week comparisons.
Hog receipts 2 000 head mostly packer market steady with some weaker sows top 4.30 per cwt for 220 270 lb hogs bulk 180 350 lb 4.15 4.30 140 180 lb 3.35 4.15 sows 3.60 3.75 light sows to 3.85 feeders 2.75 average cost. Cattle receipts 100 head fed steers yearlings up to 25c higher fed heifers up 25c cows and kill classes steady to firm stockers feeders strong to unevenly higher week totals fed steers 5.50 6.25 top 5 85 1b averages heifers 5.50 top 5.75 beef cows 3.00 3.50 grain feds up to 4.25 cutters 2.25 2.50 medium bulls 3.00 3.35 top dealers 5.50 some selects to 6.00 stockers and feeders 25 5.25 yearlings up to 5.50. Sheep receipts 4 000 head including 3 direct and three cars of range lambs natives: sorted range and native lambs 7.00 7.25 lambs 5 to 75c lower week over week sheep steady feeders up 25c bulks: sorted range lambs 7.10 7.25 natives 7.00 7.25 fed clipped lambs 6.75 yearlings 5.25 ewes 1.00 2.00 good to choice range fed lambs 53.90 fleshy lambs up to 36.00.
In New York the AP notes irregular demand in cents for currencies and places including Great Britain 478, Italy 7.59, France 5.60, Belgium 19.97, Amsterdam 24.02, Sweden 24.67, 21.36, Switzerland 27.75, Portugal 4.38, Greece N, Poland 15.81, Czechoslovakia 29N, Yugoslavia 1.92N, Austria 15-70N, Romania 0.90N, Valentine 36.52N, Brazil 8.03N, Tokyo 87123, Shanghai 31.50, Hong Kong 35.00, Mexico City silver, Montreal in New York 95, New York in Montreal 104.93%
The column lists assorted stock prices and changes from New York markets and the curb market, highlighting fluctuations in Gen Met Gillette Goodrich Goodyear Grah Paige Hudson Til Cent Int Har Lig My B Mt Lorillard Maytag Mid Cent Pet Ward Sears Roe Shell Un St Oil Cal St Oil X J Stew Warn Stone & Web Ark Nat Gas Cities Service El Bond and Share Fora Motor Ltd Ni a Hrd Powerrew Stand Ci United Founders United Gas amid varied percent shifts and par values across multiple firms.
Wheat prices climbed amid wild trading with a 57 8 rise per bushel and a close 4 3 8 to 5 1 8 higher than yesterday. Traders eyed a target of the dollar and a quarter as forecasts pointed to Canada producing about 30 percent less wheat this season than last year.
The Chicago wheat and corn market listing shows No 1 red wheat at about 1.08 to 1.11 per bushel, No 2 red near 1.11, oats and rye prices, and multiple yellow and mixed corn grades with values ranging roughly from 0.53 to 0.64 per bushel. Seed and fat prices for Timothy, Clover, and lard are also noted.
Minneapolis grain market update shows receipts at 118 cars, up from 40 a year ago, with cash bids for No 1 northern and dark northern wheats ranging from 1.16 to 1.21 dollars per bushel depending on protein and type. No 2 amber durum and various red durum quotes also listed, along with July, September, and December futures. Corn No 3 yellow bids around 57 cents, oats No 3 white around 44 to 45 cents.
AP reports Chicago prices and receipts across poultry butter eggs and potatoes. Poultry items include Leghorn hens roosters and Rock broilers with varying cent per pound quotes. butter and egg receipts show steady demand and graded local fresh items. potatoes on track and on road shipments listed with varieties and price ranges. Closing futures and storage standards noted for butter and November.
New York reports show Dutton movant at 9,607 tubs and Poultry-Stead ready unchanged. Cheese-Receipts at 227.4 lbs and Eggs-Receipts at 22,364 cases with irregular pricing. Live Poultry Nominal Fowls quoted ex ye 13 16 cents, various grades unchanged.
United States government bonds closed with Liberty 34s at 102.23 Liberty 1st 44s at 102.6 Liberty 4th 44s at 102.29 Treasury 4s 47-52 at 110 Treasury 4s 44-54 at 106.14 Treasury 3s 40-43 June at 102.13 3s 46-49 at 100.14 Treasury 3s 51-55 at 99.1
New York bonds showed orderly yet narrow trading with a steady tone. Gains were limited to selective issues while many names edged lower. Rail and Industrials fluctuated unevenly as traders eyed upcoming policy moves. A rapid British plane noted for speed also appeared in the week’s brief market blurbs.
Leroy Peterson and six other Travel Guild contest winners recount a three day Chicago visit for the Century of Progress exposition. They rode buses and a sky ride to view exhibits, attended pageants and theaters, visited the Merchandise Mart, Fort Dearborn, Arabian and Hollywood areas, and met NBC studios personnel while noting blisters and enthusiasm.
Eva Marolf entertained a class of 15 Sunday school girls at her home on Wednesday afternoon with outdoor rope jumping and guessing games. Prizes went to Marjorie Pahl and Nola Bailey. Ice cream cake candy and popcorn were served by the hostess sisters.
Mixed rental notices for flats houses rooms and a garage with locations in Durant and surrounding areas. Includes sale offers for multiple threshers tractors and Fordson parts plus grain option details and a help-wanted note for ten boys to work afternoons and Saturdays.
Raymond Moley discusses the strain of running government while guiding an economic conference. He argues purposes should precede meetings and warns against general aims, noting Roosevelt’s bold asks and conservatism’s resistance. Also includes a notice about the First National Bank of Muscatine closing and creditors urged to file claims.
Mrs. Lee Smith and daughter Frances of Atalissa visited Mrs. Isabella Smith on Wednesday. Mrs. Harold Duncan and daughter visited relatives in Wilton on Thursday. Laura Silberhorn of Wilton attended Ladies Aid here Thursday.
The Iowa Banking Department certifies Central State Bank Muscatine is fully incorporated with paid capital and authorized to transact as a state bank under Chapters 414 and 415. First Board of Directors announced as R F Davis and F O R E. Probate notice for Eliza Grafe estate opens August 2 1933 with hearing set in Muscatine County.
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