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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 24, 1933
Page
9
Chicago reports a fairly active hog market with prices mostly steady and top at 4.80. Early sluggish trade gave way to stronger interest. packers moved 5,000 hogs directly. Cattle and sheep markets showed mixed gains and sharper price declines for lambs and native sheep as supplies rose.
Des Moines and Mason City report AHIA hog prices steady to higher with futures 180 to 310 pound ranges noted. Traders see slower trading and possible normal Monday activity with quotations across weight classes from light to heavy hogs and packers varying by weight.
U S Department of Agriculture notes 35 000 hogs including 16 000 direct and 17 000 cattle with calves 1 500. prices vary across weight classes and classes from 3 25 to 7 75 per cwt for hogs and 3 25 to 7 75 for cattle. sheep and lambs show price indications with lambs around 8 50 and natives around 8 00.
Readable fragments show local grocers ending markets with poultry prices from 7 to 11 cents for various fowl and old roosters. Livestock entries include weights and prices for Muscatine stock, butchers, ewes, and jambs with amounts ranging from about 1.00 to 8.50 for various grades.
Kansas City livestock market shows hogs steady to down 10c from Friday with varied weights quoted from 2.23 to 4.55 per pound. Cattle and calves mixed with steers and heifers easing in places, while stockers and feeders hold at 2.00 to 5.75. Sheep activity slow with lambs around 4.00 to 6.75 and ewes 1.25 to 2.25.
US Dept of Agriculture market report from Omaha shows hogs at 210 to 250 lb ranges $4.10 to $4.35, sows $3.50 to $3.85, average cost Saturday $3.50, weekly weight 271. Cattle, calves and bulls mixed, steers and yearlings around $6.00 to $7.00 for top fed cattle, heifers and cows steady to lower, stockers unchanged. Sheep about 10,500 head with range lambs around $7.75 and higher for natives, feeders strong.
AP reports Peoria market news with hog prices down 5 cents to around 4.70 per hundredweight and bulk 4.50 to 4.65. Cattle trade steady with calves about 200 heads, tops 6.50 per hundredweight.
In Chicago, hay receipts show no change and prices hold steady amid market activity. Traders note limited movement as supply remains tight and demand remains cautious with price levels stable.
The bond market moved higher after noon trading began under shortened stock exchange hours. Some issues showed wide swings signaling scarce offerings in some bonds and brisk selling in others while the core list stayed steady. Key gainers included Allegheny Chicago and Northwestern St Paul Baltimore and Ohio Erie Illinois Central New York Central Nickel’s Postal Telegraph and Philadelphi 6s.
Mrs. O A Glatstein hosted a birthday gathering for her daughter Dorothy Rose on her ninth birthday at 112 Canon Avenue. From 2 to 5 PM the nine guests played outdoor games with prizes awarded to Betty Schreurs Joan McKee and Beverly Glass. A group photo and a lunch with a large birthday cake concluded the celebration.
New York stock listings show Ches & O rising 4 percent and Century & P rising 9 percent. Other notable movers include Pacific Money and Studebaker up 6 to 13 percent, Warner Pictures at 53 percent, Ford Motor Ltd and United group around 8 percent, with several utilities and oils posting gains between 2 and 35 percent.
Chicago stock grain traders reopened the market after a suspension of a major speculator whose activity accounted for millions of bushels. Prices rose briefly on active commissions but closed near emergency lows as large offerings weighed on gains. Traders awaited a Washington conference with federal and grain trade officials. Wheat ended steady with July at 90c and Sept 92c, oats and rye mixed, and provisions down to 50c to 75c.
Chicago AP market report shows bid quotes for Wheat No 1 red up to 89 percent No 2 red 88 89 No 3 red 88 others with hard and mixed grades. Corn No 2 mixed 47 44 and white colors. Oats No 2 white 33 34 percent. Rye and Barley priced, Timothy and Clover seeds listed per cwt. Prices reflect varied grades and samples.
Chicago AP reports steady poultry trading with live hens, leghorn hens, roosters, turkeys, and spring ducks priced in percentage ranges. Butter and eggs show weakness with various grades listed, including creamery specials and firsts, plus current receipts and local prices.
AP stock report shows egg prices at 14 255 steady to firm with mixed colors and standard grades. Butter weaker for creamery and extra grades while cheese steady with whole milk flats and fancy. poultry markets show weak dressed meat and varied fresh or frozen turkey duck and fowl quotes.
Minneapolis AP notes flour prices in 98 pound cotton sacks at 7.34 to 7.45 per barrel. Carload shipments reach 20 807 with pure bran at 19.00 to 19.50 and standard middlings at 20.00 to 20.50.
New York stocks moved higher in a broad recovery session with gains of 1 to 7 points or more in a shortened trading period as investors pushed prices upward.
Berlin reports that Hitler's regime gained control of German Protestant churches after general elections. About 400,000 elders and board members were chosen to elect provincial synod delegates who will pick national synod delegates for a Reich bishop. Balloting was declared invalid in some areas amid alleged voter intimidation.
General Italo Balbo delayed the return of his 24 plane Armada mission to Italy due to bad weather. He left the field for his hotel at 10 40 a m after four hours of waiting as fog hindered the east coast run. Naval boats were dispatched to assist crews and a Tuesday morning takeoff is planned if conditions improve.
Chicago police and suburban officers hunted five masked gunmen who robbed 82 guests at the Olympic Golf and Country Club during a dance early Sunday. Loot estimates varied from 30,000 dollars cash and 14,000 dollars in jewelry to about 2,300 dollars. Several women fainted as the raid ended with the bandits reviving them with water.
Ben Babcock 24 Joseph Peck 29 and Florence Martaio 23 all from Madison Wisconsin were arrested early today in Cedar Rapids. Babcock and Peck carried concealed weapons and their car held clothing motor oil and cigarettes. The woman was held during an inquiry about the men and her claimed ownership share in the car.
Fairfield reports Ralph Moyer secretary of a 25 member committee says Iowa farmers fully support the administration recovery plan. He cites endorsement by the Iowa progressive farmers union and its president Albert Beltman as further proof of unity and willingness to cooperate in surplus control and stabilizing commodity prices.
The Iowa State College bookstore at Ames must stop general merchandise sales and function as a stationery shop after an investigation by State Agent Frank Moorhead following complaints from Ames merchants. President R M Hughes ordered textbooks and genuine stationery items only. the athletic department may not sell athletic equipment to outsiders.
Final rites for Mrs. Myrtle Browning were held at Ralph J. Wittich Funeral Home on West Third Street at 1 30 p m Saturday. Burial followed in Harrison cemetery near Wapello. Flower attendants were Verlee Cassabara and Ruth Phillips. Pallbearers were Floyd Verl and Leonard Phillips Chester Wheeler and Orville and Richard Reed.
Five boys perished in a house fire on the Sarnia Indian reservation south of Sarnia Ontario. They were sons of Tom White and his Chippewa wife. Mrs White rescued a 2 year old daughter. Reports cite lightning as the likely cause.
Gastonia weaving company clothing label makers lift wages by fifty percent effective immediately. Workers previously earned fourteen dollars and fifty cents weekly. Police reported two five gallon oil cans found in a nearby car.
The report covers J G Coulter bailing out of a plane near the city airport in Council Bluffs, widow and daughter survivor. Alva Williams former MLB catcher dies near Hamilton Ill. Leland Windsor Des Moines bank president dies. Woodrow Dunham drowned in Big Sioux river. William Vernholt dies after finding wife dead. Levi Shepard dies after crossing accident involving Des Moines motorist Belnenhauser. Also mentions insurance reinsur ance approval in Chicago and appointments at Brookings Institution.
Judge Moffit delayed the Helmer and Gortner State bank receiver report and hearing to today in Tipton. Cedar Rapids Judge Ring presides, while Judge Moffit handles Cedar Rapids matters. Depositors H P Gray Joseph Boyd and C M Mitchell object to continuance of Ben S Summerwill as receiver amid the timeline of the liquidation. Cols measles diphtheria scarlet fever rank as the four most common diseases in the report summary.
Young readers are invited to order Anne Adams pattern 2472 in sizes 12 through 20 with fabric and contrasting trim details described. The notice promotes a summer edition pattern book featuring casual wear and sports outfits, plus sewing instructions. Catalog and pattern combined cost twenty five cents. pattern alone fifteen cents. Mail orders go to The Muscatine Journal Pattern Department in New York City.
A Chicago police case involved a monkey used in psychological experiments at a University of Chicago clinic. The animal escaped the pound, was shocked by an electric wire, and was returned to the clinic amid fears the shock could be fatal. In Pittsburgh, Wendell Kirch found his eighth child dead after his wife died in birth. In Manchester, James Havens survived a 40 foot fall from a hay rope. A gray haired Chicago man, Malcolm Patterson, shot himself in a shooting gallery after placing 15 cents on the counter.
Nauvoo Illinois prepares for a memorial unveiling next Wednesday honoring the National Woman's Relief Society founded in 1842. The statue sits on the house where the society was organized by Joseph Smith and Emma Hale Smith. Mrs. Bertha A. Hulmes of Grossilie Michigan will unveil the monument as great granddaughter of Joseph and Emma Smith.
The American Philosophical Society possesses the original long hand draft of the Declaration of Independence written by Thomas Jefferson. The document represents a historic precursor to the final 1776 version and is preserved as a key artifact of American founding history.
The First National Bank of Muscatine Iowa closes its affairs and all note holders and creditors must present notes and claims for payment. Dated July 8, 1933. E. E. Bloom, Cashier.
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