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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 25, 1933
Page
9
Slump in lard and weaker provisions pull hog prices down with top at 4.55. Arrivals near normal but dressed demand slow. packers show little interest. Cattle weaken with prime steers mainly 5.50 to 6.75, heifers around 6.25, cows mixed. Lamb demand rises as kill bids push natives higher, with lambs reaching around 8.25 to 8.35 delivered.
Prices for hogs range by weight and location. Cedar Rapids Mason City Waterloo and Des Moines report prime hogs from 180 to 350 pounds at 3.40 to 3.90 dollars per pound, with packers paying up to 3.95 and down to 2.40 for lighter or heavier lots.
Des Moines AP U S Department of Agriculture notes hog receipts at 8 00 am total 17300 up from 15800 a week earlier and 10400 a year ago. Quotations by weight class given for light to head weights with prices ranging from 2 20 to 4 20 per cwt and packing sows priced 3 35 to 3 70. Long haul shipments show weight shrinkage and are sold above or below quoted prices. shipping point basis hogs excluded.
U S Dept of Agriculture reports 26 000 head in Chicago market with 9 000 direct sales. Prices range 4.00 to 4.59 for various weight classes while packing sows fall about 25 cents. Cattle receipts total 7 000 head with calves included.
Market notes show hog quotations per hundredweight and live weights across several ranges from 100 to over 330 pounds with prices from 3.50 to 4.40 plus. Cattle listings include steers, heifers, cows, bulls, and vealers with price bands by weight, plus stocker and feeder cattle figures. Sheep receipts total 8,000 head with fat lambs firm to higher, yearlings and slaughter sheep and lambs priced by weight categories.
U S Dept of Agriculture report shows hogs receipts six thousand head with mixed demand and prices from 2.90 to 4.30 per cwt for various weights and grades. Cattle receipts six thousand five hundred head with weak to price declines, cattle and calves range from 1 50 to 7.00 per cwt, heifers and cows mixed, vealers milk fed 3.00 to 75.50, lambs steady to higher with native lambs around 6.75 to 7.65 per cwt and yearlings 4.00 to 5.50. Market activity varies by weight and class.
AP field notes in Peoria Illinois show hog receipts at 4 500 head with prices 15 to 200 lower. Top hog price 4 50 and bulk 4 30 to 4 45. Cattle receipts 200 head steady. Calves 200 head down 25 cents with top priced at 6 25.
Sluggish hog receipts around 8500 with prices down about 25 cents, top hog price $4.10 for about 225 pounds. Cattle receipts around 7000 with calves 300, trade opening steady to weak, top 1365 pound steers at $7.00, yearlings $6.10 to $6.85, fed heifers $5.25 to $5.75, cows $3.25 to $4.50, feeders around $4.50 to $6.00, lamb bids 25 cents lower to 50 cents higher, feeders steady, range lambs up to $7.25.
In a generally firm bond market, rail loans led with improved earnings and interest coverage prospects. Key railroad issues such as Allegheny 5s Baltimore and Ohio 4 1/4s St Paul 5s and Chicago and North Western 4s rose 1 to 3 points while utilities and industry also showed buoyancy. Government bonds were quiet and slightly higher amid uneven foreign demand.
New York stocks show varied moves with Alleghany and Am Steel fluctuating while Am Sugar holds gains. AT and T and Chrysler edge higher as Anaconda and Goodyear post modest advances. several rustier names steady amid broad market oscillation.
Wheat futures rebounded nearly 10 cents from a recent low of 90 cents as liquidation eased and trade leaders issued reassuring notes. Prices closed unsettled with July at 91 1/4 and Sept at 93 5/8 to 3/4, other grains and provisions also higher amid forecasts of heat and crop risks across the region.
Wheat prices range from No 1 red 90 to No 2 red 91%%c with various hard and mixed grades. Corn values show No 2 mixed 48%% to No 1 yellow 50%%c and white varieties around 49%%. Oats and barley prices listed with small seed costs for timothy and clover.
Chicago AP reports 39 trucks of poultry receipts with varied live poultry prices for hens leghorn roosters turkeys spring ducks and geese. Butter creamery eggs and potatoes receipts listed with price ranges and demand described as steady to slow. New York market notes firmer butter and cheese receipts, and mixed poultry prices with some grades unchanged.
The United States bond market closes with Liberty 344s at 102.25, Liberty 1st 4s at 101.29, Liberty 4th 414s at 102.29, Treasury 414s near 110.1, Treasury 4s 44-54 at 106.10, Treasury 3s 40-43 at 102.16, Treasury 3s 46-49 at 100.13, and Treasury 3s 51-55 at 99. Prices reflect primary government securities trading in New York.
Raw sugar holds at 3.55 in New York trading. Futures show a slight rise of three points while refined sugar remains steady amid market activity.
Minneapolis Minnesota AP notes flour prices unchanged with Pure Bran at 17.50 to 19.00 per barrel, Standard Middlings at 18.50 to 20.00. Volume cited 19,913 barrels.
William Woodin Jr., son of the secretary of the treasury, is in a sanitarium in Tucson with a heart ailment. Attending physicians report his condition satisfactory as his wife flies from Buffalo to be at his side.
The New York stock market opened with strong gains of 1 to 4 plus points but faded as profit taking and liquidating pressure grew. Early optimism gave way to losses and a heavy close, with about 3.5 million shares changing hands.
Secretary Ickes expected to announce the regional and state public works administrators today. He said the appointees would work with the central agency to select projects for the federal reemployment program. He praised thorough reviews of Mississippi river projects and other Hoover era works for justification.
Henry Morgenthau Jr the federal farm credit administrator arrived in Des Moines to inspect Iowa mortgage refinance operations. He called his Iowa trip a checking up visit and would not speak on the state until talks with refinancing officials, joined by Governor Herring and other officials including D W Bates Dennis Hogse and Dave Murphy.
New York report says speed flier Frank Hawks took off from Floyd Bennett field at 12 08 p m EST today on a nonstop flight expected to cover a long distance with observed departure and timing.
Plans for a bulletin board and a directory showing acreage of watermelons sweet potatoes and cantaloupes planted by Conesville residents will be discussed at an 8 p m meeting in the experimental station laboratory. County Agent Carl E Rylander will chair the meeting with local growers to review marketing outlook and approve plans similar to last year. Rylander will also meet a Fruitland committee tonight to plan a similar gathering there soon.
Cedar Rapids Judge H. C. Ring refused to approve incorporating a west side roadhouse and farm area as the town of Cabin Park and denied a new election. Officials say it is the first Iowa beer law related incorporation denial. Promoters sought incorporation to obtain beer permits. the June 26 election, 23 to 9 for incorporation, faced immediate district court resistance.
Kenneth Allbee transfers quit claim on part of lot 1 block 138 to Elizabeth and George Mueller. Elizabeth Roberts Mueller and husband then convey quit to Kenneth Allbee.
Centerville Iowa farm bureau asks for mandamus to force Appanoose County Board of Supervisors and the county auditor to pay 2300 dollars it claims the county owes for 1933 expenses. They report 239 bona fide members and ask for the case to be heard this term. Harlan Shelby county farm holiday women organize electing Mrs Dale McKeig president.
Cedar Rapids report says Ralph Smith, 12, a newsboy, fell into the Mill Race this forenoon and drowned. His body was recovered a few hours later.
The First National Bank of Muscatine Iowa is closing its affairs and all note holders and creditors are asked to present their notes and claims. Dated August 8. EB100m, Cashier.
Classified notices list multiple rentals including 207 East 4th 4 rooms and furnished 2 room units at 200 East 4th Street. Also expects modern houses at 704 Walnut Street and 700 West 2nd Street plus 410 Pine and 605 South 5th for rent. Job ads seek route men for a national company and a first class salesman. WANTED items include baby furniture and appliances. Lost item mentions rimless glasses in Dr Clapp’s case with reward.
Public notice outlines 6 point and 12 point ad rates with per word charges and insertion limits. Special offer provides seven insertions for the price of six plus a 10 percent cash discount if paid within five days from the final insertion. Minimum charges noted: 25 cents for 6 pt ads and 30 cents for 12 pt ads.
A notice invites a dance at Pleasant Prairie on Wednesday July 26 with good music. Melton's Grocery promotes Blue Ribbon beer at $2.59 per case plus bottle deposit and a call to action to stop by. The ad also mentions a carpenter service and a chocolate shop offering a sugar stick treat.
The Federal Land Bank offers to forward farm loan applications for Muscatine and Louisa counties and western Scott County. The bank speeds up operations and invites farmers to call or write Titus Co. at 213 Iowa Ave. Interest rate 4 1 4 percent.
Muscatine County Four-H entries will fill fairs at West Liberty August 21 to 24 Davenport August 15 to 19 and the state fair in Des Moines August 23 to September 1. Cattle exhibits dominate West Liberty and Davenport show cattle and hog classes for Des Moines with 75 hogs 10 dairy heifers and various sheep entries. The Muscatine baby beef club limits to 11 at the state fair while other divisions have no caps. Women’s and girls Four-H clubs compete at all fairs with a state fair booth planned.
Col and Mrs Charles A Lindbergh begin aerial mapping in the Godthaab vicinity Greenland and plan to base at Holsteinborg for flights over inland ice to locate emergency landings. They may later head toward Scoresby Sound and Gona havn with a possible Iceland stop this year.
Pattern 2625 titled Fork Smart Matr ons adapts a historical sewing guide for at home model making. The article outlines steps to assemble a small cutlery display secure and decorative forks with a vintage patina. It notes material suggestions and basic assembly tips for DIY crafters.
Pattern 2625 by Anne Adams offered in sizes 36 to 46 with long sleeves and lace trim. Requires 334 yards of 39 inch fabric and 1 yard lace banding for size 36. Illustrated sewing instructions included. Catalog price 15 cents. patterns mailed from Muscatine Journal Pattern Department, 243 West 17th Street New York City.
We thank all who aided us during our bereavement including the city and pallbearers who conducted the funeral. We also appreciate friends neighbors and flower donors. FOR SALE 1932 1 ton Chevrolet truck with 10 ply tires A 1 condition run under 15000 miles. 812 East 5th Ben Kolpack GOOD used car for sale or trade. 1211 Wisconsin Street FOR SALE Dodge 1/2 ton truck 400 Jackson St.
Eliza defeats Muscatine 5 to 4 in ten innings under lights. Carlson pitched the win for Eliza with Rauschenberger catching. Hopkins Wilder started for Muscatine and G. To bias batted.
In the District Court of the Southern District of Iowa Davenport Division Ernest Walter aneeme bankrupt case No 6323. On July 13 1933 the bankrupt was adjudicated. The first meeting of creditors is set for August 5 1933 at 10 a m in the Referee W A Newport 612 First National Bank Building Davenport Iowa. Creditors may attend prove claims appoint a Trustee examine the bankrupt and transact other business. Creditors need not attend.
General Execution directed by the Benton County District Court clerk directs the sale of goods and chattels of Krombach and Anna Krombach. On August 10, 1933 at the filling station east of Durant the 1933 Chevrolet coupe serial number 3CA016606 and other items will be sold to satisfy Otto Krogman’s claim. Sale hours 9 am to 4 pm. Muscatine Iowa July 18 1933. F B Nesper Sheriff.
Public foreclosure notice lists parcels in section 6 township 78 north range 1 east of the fifth P M. Lands described include 12.96 acres plus 3.47 acres and the northwest quarter of the northeast quarter with railroad right of way. Sale set for August 19 1933 at Muscatine Court House to satisfy General Execution for Otto Krogman. Filed by Sheriff B Nesper.
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