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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 29, 1928
Page
12
Wheat values moved downward in early dealings as rains ceased in the harvest region. Opening shifts ranged 1-5c down to 1-4c up before a broader material setback. Corn oats and provisions showed firmness with July delivery prices rising at times amid scant offerings and small receipts.
Chicago hog trade opens slowly but holds steady price levels from previous day. Cattle receipts reach 900 head with mixed results: steers and yearlings steady to firm, cows and bulls trading around midrange, heifers and veals showing strength, while sheep see steady to softer prices on 6 900 head receipts.
Chicago traders receive daily quotations for wheat and various grains. No. 4 red wheat at 1.54 and No. 1 hard at 1.42. mixed and yellow corn prices range around 1.01 to 1.96. white varieties listed from 0.62 to 1.08. oats and barley quoted in cents per bushel with seed prices for timothy clover and related seeds.
Minneapolis flour market report shows flour shipments unchanged at 39 671 barrels and bran prices range from 20.00 to 29.50 dollars per ton. The notice reflects market stability with bran priced across a wide band in Minneapolis Minnesota.
Poultry hens four pounds and over priced at 18 cents per pound with Leghorns and blacks at 14 cents. Cocks at 14 cents and 12? No. 2 at 2 1/2 percent. Hog quotations daily from J P Squire Co show Prime butchers 18 to 300 pounds averaging 19.00 dollars, extreme heavy butchers 9.49, prime butcher packers 8.59 to 9.90, good heavy packers 8.05. Eggs not listed beyond.
Chicago market report shows poultry receipts at 7 cars fowl 23 broilers 28c springs 34c spring ducks 24c spring geese 22. Total U S shipments 994 cars. Potatoes 69 cars on track 259 total. Prices varied with declines in some items and limited gains in others.
Butter receipts total 14 5092 tubs with creamery butter higher than extras at 44 to 45 cents for extras 92 score and 44 cents for firsts 88 to 91. Cheese steady with receipts 187 198 pounds. Eggs steady receipts 26 455 cases.
From New York Poultry Market News June 29 AP reports irregular rates for turkeys broilers and fowls with prices from 17 to 25 cents and freight terms. Estimated livestock receipts for tomorrow include cattle and hogs with unspecified totals.
New York stocks opened with a stronger tone as 5 000 Radio shares traded at 18 5 and 10 000 General Motors shares moved at 188 1 2 to 189. Atchison and Columbia Gas opened a point higher, while Du Pont and Wright Aero posted gains and Texas & Pacific hit a record 159 3 4.
Kansas City stockyards report June 29 shows hog receipts 3590 head with prices up to 10.50 for 210 260 lb hogs. cattle receipts 809 with good to strong demand and steer prices from 13.25 to 15.25 for slaughter classes. sheep receipts 1000 with native lambs top at 15.69 and medium lambs 12.50 to 14.75.
Receipts 1 300 head cattle and 1 297 calves with steady to strong early bids. Steers and yearlings mostly 14.00 to 14.60, cows 7.59 to 8.75, heifers 8.7 to 11.25, cutters 6.9 to 7.9. Calves 14.00 to 15.50, light weights 9.75 to 19.10, pigs 5.5 to 8.75, average cost 9.17. Sheep 2 head bids uneven weak to 6.00, best lambs around 19.00.
Sioux City Iowa June 29 AP Department of Agriculture cattle receipts 1000 head market steady up to 25 cents higher fed steers and yearlings 12.0 to 15.25 bulk 13.75 to 14.75 heifers 11.09 to 14.75 fed cows 19.90 to 12.25 grass cows 7.9 to 10.00 veal 9.99 to 14.09 hogs receipts 7900 head market 15 to 2c higher top 10.35 bulk butchers 10.00 to 10.35 bulk sows 9.19 to 9.25 pigs 8.25 to 8.75 nights 9.59 to 10.90 sheep receipts 209 head market steady.
Monticello Congressman Haugen will address the Jones county Farm Bureau picnic on July 4 and speak in Manchester the next day. Cedar Falls coach Orr, a former Iowa State Teachers College wrestler, takes over Corning High School. Seven thousand artworks fill an ISU gallery, praised by critics. Manchester ponders a junior college with voter approval. Shenandoah reports a Miami couple touring Yellowstone after Pekin stays. Minthorn relatives of Hoover plan to vote for the candidate. A local teacher sails for Europe on the Caronia for six weeks.
Fargo reports show repeal of the prohibition clause leading by about 73 769 to 67 728 with 1430 of 2192 precincts in. Wet supporters hope western returns may narrow the gap. In GOP governor race George H Shafer leads T H Thoresen by nearly 15000 with over three quarters of precincts tallied.
The funeral in Drury Illinois for Mrs Sophia Watson drew a large crowd at Providence Baptist Church. Recalled songs Abide with Me Saved by Grace In the Garden were offered with piano by D Morse. Flower girls included several named women and pallbearers listed. Pastors from Illinois City and Muscatine led services with assistance. Local aid societies met at homes and noting illness of Samuel Nussbaum of Fairbury.
Davenport Indiana June 29 postponed by rain Thursday night the Davenport bout featuring Jock Malone against Billy Atkinson will be staged tonight at the Palmer school open air ring with renewed anticipation.
Regular shipments of about 2,000 reindeer carcasses are sent from Alaska to the Pacific coast as demand grows. An incorporated company with over 50,000 head, capital of 3 million dollars, operates in Seward peninsula, building cold storage plants to export meat while native Eskimos own much of the stock. The Interior Department notes two thirds of Alaska's half a million reindeer belong to natives and declares the industry rapidly expanding.
In a Gates Yverdon page, a wife chides her husband for lateness while he explains a delay caused by a fellow losing a purse outside the theater. He waited for the crowd to disperse before stepping out with his foot out, reflecting a minor domestic moment.
A judge questions whether a handkerchief proves theft while the plaintiff asserts two items were stolen. The exchange centers on identification and admissibility of evidence in the robbery case involving Moustique Charlero i.
Old prices listed for fuel at Summitt Oil station 4th and Mulberry 50 cents per gallon curb 15 cents draining 69 cents. Food sale at Grimm's Drug Store Saturday 10 a.m. W. R. G.
About 400 children attending Daily Vacation Bible Schools in Muscatine received ice cream cones from ministers of the Muscatine Ministerial association. Classes closed at noon, with an 8 PM program at the high school auditorium to mark the term’s end and showcase students’ work.
Buffalo June 29. Directors of Pierce Arrow Motor Car Co approve merger with Studebaker Corp. after a board meeting attended by Studebaker president A R Erskine and others. The combined plants properties and assets exceed 169 million dollars and will be merged.
The weather section reports Iowa can expect the usual daily showers by Saturday evening after mostly fair tonight. Rainfall Thursday totaled 0.70 inch in the last 24 hours, with river level steady at 5.1 feet and temperatures near 60 degrees at 7 oclock this morning.
A Waco biplane from Davenport, equipped with pontoons, made a water landing at the municipal wharf this afternoon. The hydro plane, one of the few to stop here, drew a crowd of curious spectators as it taxied back to the riverfront after a loop east of the bridge.
The Musserville Methodist Episcopal Sunday school plans a Saturday afternoon picnic at the grounds behind the ball park in South Muscatine. If rain comes before noon the event may be canceled. Prizes will be offered in contests for the young people followed by a basket supper.
A new holding company is formed with Studebaker set to acquire a substantial interest. The move signals strategic ownership expansion and expected integration of assets to bolster the company’s market position.
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