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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 05, 1935
Page
11
Classified notices announce a stock and grain markets themed event at Moose Hall with a dance Saturday night June 8. Niebling's orchestra will supply music, admission 25 cents with tax included.
Chicago market reports show cattle and hogs holding near Tuesday levels despite thin demand. Bullish price gains cited from reduced supplies and higher retail meat prices, with hog receipts easing yet prices steady, while cattle offer shows weakness in some classes.
Local markets quote eggs at 17 to 19 cents per dozen. Hens 12 to 15 cents roosters 9 cents. Hog prices range from 8.25 to 9.55 per hundred pounds depending on weight. Packing sows sit between 8.20 and 8.50 with various ranges for 275 to 550 pounds plus.
Long haul shipments show excessive weight and influence price levels. Hogs bought at the best snipping point weights are excluded from quotations, while shipments sell above and below quoted prices.
Cattle receipts 2500 head show early bids 25 cents lower with fat cattle weak. Hogs receipts 2% head steady to higher with top near 9.65. Sheep receipts 5000 head underscored by steady undertone and uneven lamb bids around 7.60 to 7.75, no early action.
Cattle receipts total 2,500 with calves 500. steers 5.50 to 13.00, heifers 5.25 to 11.25, cows 6.50 to 7.75, common and medium 4.75 to 7.75, vealers 4.00 to 9.00. Hogs receipts 1,500 with top at 9.70. colts 140 to 200 lb 4.86 to 9.65, 200 to 290 lb 9.50 to 9.70, 290 to 350 lb 9.45 to 9.65, sows 7.50 to 8.75. Sheep receipts 90 head, lambs 6.25 to 9.25, ewes and wethers 5.00 to 7.25. Prices mostly steady to higher on some categories.
Hog receipts reach 5 500 head with prices from 7.00 to 9.60 dollars per cwt across weight classes. Cattle receipts 40 head, calves 300 head with steers and yearlings 9.00 to 11.50, cows 5.00 to 6.00. Sheep receipts 7.00 head including 278 direct, lambs up to 9.15, yearlings 6.59.
New York market update shows butter receipts at 14 166 tubs with price levels up to 26c for extra and 24 25c for firsts and seconds. Cheese receipts 292 104 lb with prices unchanged. Eggs receipts 35 514 cases with firming prices. Live poultry weak by freight with fowls at 2142 0c and roosters unchanged.
A compact list of ticker prices and changes for major stocks and utilities in New York. Key names include American Power and Light, General Motors, AT&T, Anaconda, Chrysler, IBM, Standard Oil, Union Pacific, RCA, and Woolworth with varied percent moves and split listings.
Chicago grain markets steadied on the 1935 U S wheat harvest outlook as supplies for livestock feed were trimmed. A trade authority suggested livestock feed could drop to about 50 million bushels, about half last year, supporting cautious price moves with July wheat at 83 83 c, corn at 80 84 c, oats minor changes, and varied provisions.
Chicago June 5 AP cash grain prices list Wheat No 1 hard 98 and corn at No 2 yellow 8 1/2c No 3 86 1/2c No 4 85 1/2c White 85 1/2c Oats No 4 white 24c No Rye Buckwheat soybeans 60c 45 60c making 60 Seed Timothy per cwt 310.00 Clover Seed per cwt 11.00 15.75.
Chicago reports show poultry receipts 389 trucks with varied prices for hens leghorn and rock breeds, roosters and turkeys, plus butter receipts at 19,439 tubs and assorted grade prices. Eyes, potatoes, and Wisconsin round whites prices are listed along with U S No 1 and No 2 futures and Boston wool market notes indicating quiet trade and commodity prices.
The Muscatine county vigilantes completed their first postal rifle match using 25-20 rifles. Sixteen shooters, eight from each division, fired five shots per position at 100 yards. The southern division won 853 to 760. the northern Wil ter unit led the high aggregates with 508, while Central State Bank of Muscatine posted 463. An individual high of 157 was recorded by a Central State Bank participant.
Baseball note by Paul Mickelson analyzes a major slump in 1934 batting leaders. Only seven of the top 20 in each league were above .300 as of midseason, with group averages down about 1.009 points from 1933. A few stars like Vosmik Foxx Vaughan still pace, while Gehrig Waner drop from last year’s highs.
Minnesota clinched the Big Ten baseball crown with eight wins and three losses as Illinois Chicago and Ohio State tied for runner up at seven and three. Iowa finished eighth with three wins and seven losses.
Luther College finished its baseball season with a 6 to 5 win over Upper Iowa in Decorah. Stanley Munch of Fenton Inc earned most valuable Luther player honors for the season and led with a .298 batting average.
New York bonds show speculative support for second grade issues with moderate gains in rail and utility low priced issues. Prime loans hold steady to slightly weaker as rail sector developments ease financial uncertainties. Notable firmer prices in St Paul 5s Erie 5s Great Northern 4s NY Central 5s Nickel Plate 5s American & Foreign Power 5s and others small fractions. Government bonds remain dull with narrow moves in force department trading.
Paris Johnny Edwards defeated Pancho Martinez in Paris by points. Al Diamond stopped Sally Dukelsky in Chicago. Hack Colbert drew with Tony Ligouri in Des Moines. Jess Ackerman beat Dixie Taylor in Des Moines. Jimmy Legrone outpointed Wild Bill Henderson in Des Moines. Tommy Maroon knocked out Will Carpenter in Des Moines. Jud Steinbrook drew with Kid Probert in Des Moines.
Sioux City Cowboys move atop the Western league standings after a 10 to 6 victory over Keokuk. Keokuk jumped to a four run lead early, but Sioux City rallied late to seize first place. Omaha Packers beat Davenport 11 to 8, Des Moines suffers a 12th straight loss as Rock Island wins 3 to 2, and St Joseph blasts Cedar Rapids 13 to 3 in varied opener action.
Sir Malcolm Campbell, British speed ace, plans a July attempt in Utah to top his world land speed record. He announced at an advertising club luncheon that Utah tests are planned after raising the record to 276.816 mph at Daytona Beach on March 7.
In Pittsburgh Dizzy Dean clashed with Frank Frisch and Cardinal teammates after a game with the Pirates. Dean accused Frisch of threats to fine him ten thousand dollars while teammates argued on the bench and a confrontation with Joe Medwick nearly erupted.
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