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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 23, 1933
Page
9
Chicago market notes hog receipts heavier than estimated with most hog sales near 4.60 and top at 4.60 while packers and shippers supported volume. Cattle scarce with choice steers around 4.75 to 5.50 and top 6.50. sheep and lambs sold steady with native lambs 7.25 to 7.75 and fat ewes around 3.00 to 3.60.
Iowa markets report varied hog prices by weight and class. Mason City lists ranges from 180 to 350+ pounds up to 3.80 dollars. Ottumwa shows 140 to 350 pound levels around 2.50 to 4.05 dollars. Cedar Rapids notes prime and large hogs near 3.10 to 3.95 dollars with lighter weights higher. Des Moines and Waterloo hold unchanged listings.
Combined hog receipts at 25 concentration yards and 7 packing plants in interior Iowa and southern Minnesota for the 74 hour period ended 8:00 am today totaled 600 head, down sharply from last week and last year. Prices ranged from 3.30 to 4.25 per hundredweight across weight classes, with bulk 190 to 280 lb hogs around 4.00. Long haul shipments show weight shrinkage and are sold above or below quoted prices.
Chicago livestock receipts total 26 000 hogs with direct 15 000 mostly steady and sow prices around 100 lower. calves 1 500 head with steady trade and beef cattle modest demand. steers 4 7 95 to 5 50 for 600 900 lb, higher for heavier cattle. cows and cutters mixed with dry weather weighing on prices as buyers anticipate liberal receipts next week.
Good hogs 100 to 140 pounds bring 2.50 to 3.25 with higher weights around 4.20 for 180 to 260 pounds and up to 4.20 for 260 to 300 pounds. Heavy butcher trades range 3.90 to 4.20, stockers and feeders mixed, vealers and cattle prices also listed with terms like good and choice and common and medium. Sheep numbers around 7,000 head show active bidding with native lambs at 7.25 to 7.79 and ewes around 3.75 to 3.0, various weights and grades noted.
Hogs receipts 13 500 head with general market steady to 5 to 10 cents lower top 4 30. Cattle receipts 3 500 head calves 200, feeding demand slow though better grades steady. Sheep receipts 6 000 head including red clipped lambs 68 72 pounds averaging 7 25 to 7 35 bought to arrive. Lambs slow with early bids 15 to 25 cents lower.
In Peoria Illinois hog market receipts were about 3 000 head with prices rising to 4 40 and 4 35 for top and bulk. Cattle and calves saw steady demand with 200 head cattle and 200 head calves, top calf price 5 50.
AP report lists live poultry receipts at 36 trucks with price ranges for hens leghorn roosters turkeys spring ducks old ducks geese and broilers. Butter receipts 16 277 tubs steady with grade pricing and eggs 17 063 cases unchanged. Potatoes receipts 100 cars on track 206 cars and 950 cars shipped nationally with assorted cobbler prices by region.
New York report lists eggs receipts at 17 523 cases with irregular varieties and mixed colors, pricing from 16 18c up to 14 14 4c for firsts, dirties and No 1 at 42 lbs. Live poultry wear prices unchanged. dressed poultry irregular and prices unchanged.
Trading in bonds was slower today with prices mostly firm. Interest shifted from speculative rails to secondary utilities and industrials as several issues rose up to two points while U S government Liberty issues held firmer. French and some German loans showed weakness in a quiet overall market.
Minneapolis AP reports flour prices up 10 cents with carload lots at 5.75 to 5.85 a barrel in 98 pound cotton sacks. Shipments total 33 516 barrels. Pure Bran priced at 12.00 to 12.50 while Standard Middlings range 13.00 to 13.50.
Raw sugar in New York showed no sales today and futures held steady with a slight dip. Refined sugar also remained unchanged while Kansas City produce traded mixed with hens and roosters noted and other items steady.
The page lists numerous stock quotations with varied gains and losses. Major names show mixed movement including Alleghany 4, Am Steel Fars 18, Am Sugar 645, AT&T 127, Goodyear 364, RCA 9, U S Steel 5614, Studebaker 612, Shell A 8, United Gas 415, and Ford Motor Ltd 514 among others.
Chicago reports show wheat oats and rye rising to new season highs as heat and drought in the Northwest hit crops, with unofficial US wheat production seen below domestic consumption. Buying from general commission houses pushed prices up late, offsetting early declines. July wheat around 79 7-8, September 82 1-2, corn up about 12 to 11-8, oats up 3-4 to 13-8, provisions down 5 to 10 cents.
Wheat prices shown for No 1 and No 2 hard and hare grades with cents per bushel. Corn values list No 2 mixed No 6 mixed No 1 yellow through No 6 yellow with varying cent amounts. Oats Rye Barley Timothy and Clover seed prices per hundredweight provided.
The discussion covers corn and pork production amid farm adjustments. The speaker notes large acreages shifted to gas, debates leasing 1934 corn lands, and considers bonuses or penalties to regulate hog tonnage while seeking marketing agreements for dairy and meat price stability.
Heavyweight boxer Jack Sharkey announces after next Thursday's bout with Primo Carnera he plans to retire from fighting this season. He hints at a potential bout with Max Baer only if he wins and then intends to return to Boston to fish hunt and spend time with his kids. He describes training camps as draining and longs for family summers away from the ring while expressing affection for flowers and a simple life.
Muscatine team Goad's Bruisers defeated Earl's Grocery 9 to 3 on Thursday night in Wilton. Goad's opened with four runs in the first inning and built a comfortable lead, while Earl's Grocery managed one run in the fourth and two in the seventh but could not catch up.
President John Heydler and manager John McGraw choose 18 National League players for the July 6 interleague game. St Louis and New York each place four selections, with a lineup including Hartnett Wilson Terry Frisch Bartell Traynor English Cuccinello Klein Waner Pepper Martin Hafey O Dou l Berg er and Warneke Hubbell Hallahan Schumacher. Voters via Chicago Tribune promos note Red Lucas excluded. AL selections to follow.
A period listing includes multiple rental offerings such as a six room modern house on West Third Street Titus County plus two light housekeeping rooms with bath on Cedar and two flats on Front Street with a ten room house at 512 East 3rd Inquiries directed to Glatstein Stores and various flats on East 4th. Also furnished and unfurnished Seaton at 810 West Third and upper and lower flats at 207 East 4th. Baby chicks advertised from Sunnyside Hatcheries Muscatine and West Liberty with prices around 4.50 and 4.00 per hundred. Vehicles for sale include a 1931 Chevrolet coach in good mechanical condition at 295 dollars. Jobs posted seek salesmen for electric refrigerators across several towns. Lost dog Pal a white male Spitz. Instruction and professional services offered by German courses and Dr J G Johnston chiropractor.
George K. Dunlap Jr. advances to the British amateur golf championship semi finals at Hoylake by defeating Ronald Hoyle Hardman 5 and 4, continuing his steady play after earlier eliminations of C. Ross Somerville. He later falls to Hon. Michael Scott in the semi final.
The acquittal of a banker connected to the world’s largest bank spurs tax reform debate. He remains a major stockholder in the bank with $5.85 million owed to J. P. Morgan and Company and collateral on three homes. Medalie says recovery by civil action hinges on Treasury discretion.
Classified notices list several items for sale including a white collie in good with children, a velour day bed, Crester White boars at ten dollars, a Victrola with records, and household goods. Requests include 2nd hand engines from 1% to 3 H P and a car for cash, plus a tent trade for a truck. Contacts include J H Sywassink Moscow Fred Kaufmann and D Nicewanner Grandview Iowa.
Mrs W K Carr a longtime resident and wife of a local clothing merchant was found dead in bed at 5 am after a 36 hour illness described as indigestion. Born Mary Jennings and married in 1888 she leaves husband a daughter Mrs W S Letts of Columbus Junction and a half sister Mrs J H Utt of El Paso Texas. Funeral arrangements are incomplete pending further details.
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