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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 22, 1933
Page
9
Hog prices showed weakness in Chicago as heavier-than-expected supplies and slow demand pressured trade. Top hogs held at 4.60 while most sales were down up to 10 cents. receipts exceeded estimates by 2,000 with 11,000 direct to packers. Cattle and sheep also eased with select steers around 7.10 and lambs at 7.50, while overall demand remained cautious.
Iowa price data shows 24 hour totals at Des Moines area plants and towns with totals around 500 head, down from last week and last year. Slaughter weights range from light to heavy with prices 3.40 to 4.25 for various weight classes and grades, and sow prices around 3.40 to 3.70.
The Iowa hog price log reports varied bids across Mason City Ottumwa Waterloo and Cedar Rapids markets. Prices range from $0 to about $4.10 per hundredweight with targets for different weight classes including best sorted lights prime heavy and good packers notes.
Chicago AP reports hay receipts and hog receipts totaling 27 000 head with 11 000 direct. Prices range for 200 to 290 lb hogs 4 50 to 4 60 top 4 60. Pigs 3 00 to 3 25. Cattle receipts 6 000 head calves 2 000 head with early fed steers and long yearlings about steady.
Hog quotations show prices from 2.40 to 4.00 per cwt with various weights. Cattle and vealers move opposite trends with steers, heifers, cows, and bulls listed across weight ranges and qualities. Sheep receipts total 8,500 head with bids steady to higher for good to choice ewes and wethers and lighter lambs priced per weight.
US Department of Agriculture notes receipts of hogs 4500 and cattle 1900 with live weights from 140 to 350 pounds. Hogs top at 4.45 on 190 to 280 pounds. cattle show varied gains up to about 6.69 for heavy steers, with calves, cows, vealers and stockers also listed. Sheep receipts reach 8000 with lambs steady to higher and yearlings steady. top native lambs at 7.65 and ewes 1.75 to 2.50.
Hogs receipts 12 000 head demand fair to active with prices mostly 5c lower top 4 30 few higher better grades 170 300 lbs 4 15 4 30 140 170 lbs 3 50 4 00 sows steady to weak 3 65 3 85 few light weights 3 90 heavies down to 3 50 stays 3 25 3 75 feeder pigs 2 75 3 00 average cost 4 11 weight 264 cattle receipts 6500 head calves 300 head fairly active to shippers and local packers on better grade fed steers yearlings steady to strong no early indications on plainer grades fed heifers and cows steady feeders full steady stockers and feeders dull early top long yearlings 1 244 lb medium weights 6 35 good to choice around 1 100 lb long yearlings above 6 75 early bulk fed steers yearlings 5 25 6 00 bulk heifers 4 25 5 10 top 5 25 beef cows 2 60 3 60 cutter grades feed medium bulls 2 60 2 73 adgea d 5 50 hoop receipts 2 500 head including 1 direct to packers lambs steady sheep feeders dull early sales med aum to choice clip lambs 6 50 7 35 sorted native lamb bid 7 00 7 25 held higher range lambs bid up 7 35 ewes mostly 1 00 1 25 no feeding lambs sold
Minneapolis flour prices list shows Unc Flour 30,452 barrels, Pure Bran at 12.00 and 12.50 dollars, Standard Middlings at 13.00 and 13.50 dollars per unit. Market figures reflect varying price quotes in Minneapolis Minnesota.
New York buyers pushed railroad issues higher with gains around one point in Santa Fe, Baltimore & Ohio, Pennsylvania, Great Northern, Nickel Plate, Erie and Allegheny. Utilities rose slightly while low priced communications, oil, and copper issues attracted most attention as U S government issues advanced, German bonds weakened.
Closing quotations show movements in several stocks including Alleghany, American Steel, Western Bed, Minnesota Mining and Manufacturing, Ford Motor, Gillette, Standard Oil, United Founders, United Gas and Hud Power. Market activity noted with varied percent changes and trading levels.
Chicago markets saw broad buying and profit taking as grain prices rose to new highs. Wheat near 90 cents a bushel, May wheat top at 89 cents on 100,000 bushels, oats up over 100 percent on prospects of the smallest crop in 20 years.
The Chicago commodities summary lists No. 2 red wheat at 78 4, No. 3 red at 76, spring oats values, mixed corn bids around 44 12 to 46 1/2, yellow corn at 46 1/2, and various No. 2 to No. 5 yellow and white corn grades. Oats range from 31 to 35 cents, rye and barley prices, and Timothy and Clover seed quotationally noted.
Chicago market report lists poultry receipts 27 trucks with hens leghorn roosters turkeys spring ducks and geese with varied cents per pound, butter receipts 14 647 tubs and steady prices, eggs receipts 15 869 cases with multiple grade prices, potatoes receipts 103 cars on track U S shipments 970 cars with Kansas Oklahoma and North Carolina varieties and prices, refrigerators and storage standards noted.
New York AP market summary covers butter receipts at 19 151 tubs steady with creamery extra 92 score 23c and packing stock prices. cheese receipts 162 801 lbs steady. eggs receipts 19 184 sales firm with varied color and standards prices. dressed poultry irregular with fresh chickens 14 20c and frozen 14 25c.
Feedstuff markets advanced further during the week ending June 20 with light offerings in fairly active request. Feed requirements were increased, reflecting stronger demand across the United States markets.
Higher prices for corn oats and several feeds accompany a week of severe dryness. Pastures and ranges in the Great Plains to the Southeast suffered as June rainfall remains well below normal, with oats hit hard in the Midwest and a rain boost needed for corn in principal producing states.
In Kansas City prices with AP notes show eggs rising by 7 percent to 9 4c and other produce remaining unchanged.
Raw sugar remains at 3.35 a pound with futures unchanged and refined sugar steady at 4.60. Market notes indicate no price movement for the session.
In New York trading the market stayed mostly flat after several attempts to rise. The session ended with a subdued note as few issues advanced while Southern Pacific gained 2 points and Bethlehem Steel and Dome Mines held firm. American Can, Du Pont and North American slipped slightly. About 3.5 million shares changed hands.
Pleasant Prairie and nearby guests gathered Sunday at Wild Cat Den State Park for Harvey Schroder's twenty first birthday party. About 75 youths enjoyed horseshoes ball games and a den tour followed by a birthday supper. Hosts were Mr and Mrs Ben Schroder with attendees from Eldridge Durant Davenport Blue Grass and Pleasant Prairie.
The piece lists multiple local families hosting visitors from Chicago and area social events. It notes Purity chapter No. 365 O E S Wilton meeting attendees, and various visits and gatherings at the Baker, Grimm, and Nunn households. Nine Chicago children arrive for a two week outing arranged by Rev Pickering with several host families named. Emma Baker is recovering from rheumatic arthritis. Marvel Grimme and others are noted as retained Phinindosa club members in New Era at Mrs Petersen’s home.
Slave-making ants raid ant nests and steal cocoons to hatch new workers who then serve as forced laborers building nests and gathering food for their captors.
WANTED Baseball game for Sunday or future dates. W. M. Kendrick, Mgr., Wapello, Iowa. WANTED Housework by experienced lady with references. Phone J. Through this means we wish to thank those who aided us during our bereavement in the death of James Worley. The Worley family thanks singers, Rev I Hawley, car donors, flower senders, neighbors and friends for assistance. Signed The Worley Family. In this way I wish to thank all my friends who were so kind to me while I was in the hospital, also for their kindness to the ones at home Mrs A D Crumly. TENT 20x27.6 7 ft walls good condition Cheap Will trade for truck D Nicewanner Grandview Iowa
Martha Logan home economist and Swift & Company lecturer will stage a meat products demonstration at Otto Grocery 206 East Second Street all day Friday. The event aims to educate housewives on new meat preparation and serving methods with no sales push, featuring a model kitchen for the demonstration.
Notice declares a group forming Central State Bank under Iowa law to operate as a state bank in Muscatine. It outlines chartered powers, duties, and that business may start once the Iowa Superintendent of Banking issues a certificate, with an estimated 20 year duration.
The document outlines a Iowa corporation with capital stock of 125000 dollars in 1250 shares of 100 dollars par value each. Annual stockholder meetings are set for the second Tuesday in January in Muscatine starting 1934 at 4 pm. A board of 5 to 15 directors will be elected yearly to manage affairs, with initial directors listed. Officers include a president, one or more vice presidents, a cashier, and other officers as the board deems necessary, all for one year terms.
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