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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jul 26, 1933
Page
9
Swine trading was active with hog prices up 15 to 20 cents, top at 4.70, and most good hogs selling near 4.50 as supplies remained tight. Packing plants bought many hogs, while rumors of a pre war price stabilization aided sentiment. Cattle trade was weak with light demand and prices down about 25 cents.
Market notes from Muscatine and Kansas City report daily hog quotes with ranges from 3.00 to 4.25 plus weights. Cattle and calf prices show mixed demand with steers from about 5.50 to 7.50 and cows around 2.75 to 5.75. Sheep and lamb receipts vary with top lambs around 7.50 and ewes near 2.50.
U S Department reports combined receipts at 16 900 head for 24 hours ending 8:00 a m down from 32 400 last week and 13 200 a year ago Trade uneven with 5 to 10 cent gains and some yards 15 to 25 cents higher Packing hogs largely unchanged with light Wednesday loading seen Quotations given by weight class reflect bulk transactions Shipping point weight exclusions noted
The column lists Iowa prices in Cedar Rapids Waterloo Mason City Ottumwa and Chicago hog quotes by weight class with prime hogs and packer categories. Prices show 180 to 260 Ibs ranges from roughly 3.80 to 4.70 per cwt and varied listings for other weight brackets and packer quality.
AP market notes from Peoria show hog receipts at 2,500 head with prices 10 to 150 higher, top 4.65 and bulk 4.50 to 4.60. Cattle and calves receipts about 150 each with steady to weak prices and calves topping at 6.00.
Minneapolis flour shipments in AP report show 15 890 barrels. Pure Bran priced at 18.00 to 18.50 per barrel and Standard Middlings at 18.50 to 19.00 per barrel.
The national average steel production fell for the second straight week, down one percent to 57 percent of capacity. Scrap prices rose to new yearly highs, signaling possible rebound in fall activity, while rates in Chicago and Cleveland-Lorain slipped from 60 to 56 percent and 70 to 67 percent respectively.
The list shows varied stock activity with Alleghany around 5 percent, Am Steel Fdrs 20, Am Sugar 621, AT&T 124, Anaconda 18, Atchison 61, B&O 2, Beth St 38, Canada Dry 297, Can Pac 17, and many others trading with small to moderate moves. Several industrials such as Goodyear 37, Maytag 6, U S Steel 53, and U S Rubber 19 appear with notable figures. Overall, and across multiple sectors, investors exhibited cautious shifts with some gains and losses reflected in Diverse names including Shell Un 8, So Pac 27, and St Oil Cal 35.
Grain values surged today after emergency price restrictions, with wheat and other grains climbing on hopeful distress liquidation clearance and a speculative estimate that Canadian prairie wheat output would fall to about 250 million bushels this season. July wheat at 96 1/2 to 5/8, Sept at 99 1/4 to 1/2. Corn up 3 3/8 to 5, oats 3 7/8 to 4 1/8, rye up 6 1/4 to 7, and provisions up 25 to 45 cents.
AP summary shows Chicago price quotes for Wheat Corn Oats Barley Rye and Timothy and Clover seeds with bid offers and ranges. Prices include No 2 red Wheat around 93 94 Celsius with various hard grades, Corn No 3 mixed around 50 54 cents, yellow corn up to 53 54 cents, Oats No 2 white about 37 38 cents, Barley about 66 cents, Timothy Seed 4 to 4 ¼ dollars per cwt, Clover Seed 8 dollars per cwt.
Minneapolis grain receipts rise with slight gains in wheat prices and varied durum figures as No 1 dark northern and amber durum show small increases. In Peoria cash corn and No 2 yellow prices edge up while No 2 white bids improve in local receipts.
Chicago AP reports live poultry receipts 45 trucks with varied price ranges for hens leghorn roosters and turkeys. Butter creamery egg and potato price listings follow with market quotes and U S shipments totals and futures as of October.
AP dispatch from New York shows egg receipts at 29,936 cases steady with mixed colors and weights listed. Butter receipts total 15,259 tubs irregular. creamery prices higher than extra with various scores. Cheese receipts at 292,967 pounds firm and unchanged. dressed poultry weak and unchanged.
New York sugar prices held at 3.50 with futures down 3 to 4 points and refined sugar at 4.70. Power production rose sharply, with Edison Electric Institute data showing output at 1,654,424,000 kilowatt hours versus 1,648,000,000 the prior week and 433,893,000 a year earlier.
Treasury notes and bonds quoted with prices and yields, listing Treasury 4s and 46-49 series values. Market activity referenced by June data and price points 98.31 and 102.12.
Fourth Ward seniors defeat Third Ward old timers 32 to 11 under Oregon street floodlights in a wild kittenball exhibition. Rev William Slack shines with two triples a double and a single driving in many runs as fourth ward bats explode across six innings.
Freddy Lindstrom of the Pirates rides a 22 game hitting streak to a .304 average after a three hit game in the Cubs doubleheader. The run lifts his season mark past Chick Fallis’s 21 game record as Lindstrom builds a 102 at bats 20 runs 43 hits including 12 doubles two triples and a homer.
Tonight at Mills Stadium Chicago's Tommy Loughran and Cleveland veteran Johnny Risko meet in a 10 round heavyweight comeback bout. Both 31, each has staged notable returns after earlier declines. Loughran has beaten Walter Cobb, Izzy Gastanaga and Steve Hamas. Risko has defeated King Levinsky, Tuffy Griffith and Mickey Walker. Risko weighs about 200 pounds, about 15 more than Loughran, who relies on skill to offset the size edge.
A Town column blends nostalgic verse about fishing with a bait casting tournament set for Weed park at 6:30 PM, notes on meandered Iowa streams and land access etiquette, plus short science trivia and a probate notice from Muscatine County dated 1933. The piece previews the tournament, urges landowner permission, lists match results, and records a probate hearing date in abstract form.
Ethan Allen and Cardinals knock in two runs in a 3-2 win as Elmer Harder and the Indians keep the White Sox to six hits over ten innings. Lloyd Waner and Hal Smith, Pirates, drove in the winning run with a pinch hit in the first game, while the latter held the Cubs to five hits in the second. Buddy Myer of the Senators hit a triple and single against the Athletics. Marvin Owen and Frank Doljack of the Tigers each had three singles against the Browns.
In Albany New York Henri Degiane 224 Montreal defeated Glenn Mann 228 Nebraska in 18 minutes 36 seconds. In Quebec Joe Malcewicz and Joe Savoldi wrestled to a draw with Savoldi taking first place and Malcewicz second in a 747 event.
The National League leaders include Klein of the Phillies with 365 batting average 131 hits 30 doubles 18 home runs and 81 runs batted in. Martin of the Cardinals leads in runs with 73 and stolen bases 14. In pitching Tinning of the Cubs records 83 wins. In the American League Simmons of the White Sox tops batting and hits 139 while Gehrig of the Yankees drives in 85 runs. Foxx of the Athletics knocks in 28 homers and Chapman of the Yankees swipes 18 bases. Allen of the Yankees records 9 2 as a pitcher.
New York stocks showed weak activity with most shares trading at a low level though closes were steady to firm. Mining issues led demand, while overall transfers hovered around two million shares as the ticker tape moved slowly through a brief session.
Prices in the bond market edged barely higher or lower in an abbreviated session from 11 a.m. to 2 p.m. Dealers noted limited trading activity across lists as gains in electric power and steel did little to lift overall turnover. A handful of issues like Chicago and Northwestern 4% and International Telegraph 4% edged up, while many others eased fractions. Foreign and government bonds showed mixed, narrow moves with light turnover.
The First National Bank of Muscatine Iowa announces closure of its affairs. Creditors and note holders must present notes and claims for payment. Dated July 19 1933 signed Bloom cashier and E C Erwin with W D Randall attorney.
A newspaper ad from Banker Auto Co lists a large assortment of used cars including a 1932 Plymouth Sedan 1931 Ford Tudor 1930 Olds Sedan 1930 Willys Sedan 1929 Dodge Brougham 1929 Olds Coupe 1928 Pierce Arrow Brougham 1928 Whippet Coach 1928 Chevrolet Coach 1927 Olds Sedan 1926 Dodge Bros Sedan 1924 Maxwell Coupe 1930 Essex Panel Delivery with generous down payment options and easy balance terms. Phone 610.
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