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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Jun 30, 1928
Page
10
Persistent rains in the U S wheat harvest areas and reports of large Argentine wheat sales to Russia push wheat futures higher. European buyers also active on futures while corn weakens on expected larger receipts and fair selling pressure appears in oats and provisions.
Chicago market notes a light cattle run of 3,000 with no choice steers on hand. Cattle values steady to higher. hogs up 10 to 15 cents. lambs down 50 to 75 cents from last week. receipts: cattle 200 calves 459 week fed stock. Top cattle yearling and vealer prices listed. sheep and hogs show mixed movement and reduced demand.
Wheat and corn prices listed with multiple grades and regions in Chicago Illinois. No 1 northern spring wheat at 1.39 and corn No 2 yellow around 1.04 to 1.06 with various white and mixed grades including oats and barley. Lard priced at 1.85 and Timothy and Clover seeds shown with ranges.
Minneapolis grain receipts 154 cars for the holiday week compared to a year ago. No 1 northern cash selling between 1.36 and 1.78 dollars, with other grades ranging to 1.76. Montana dark hard on track 1.25 to 1.56, futures and arrivals listed for July September December contracts.
Local markets note Swift and Co Poultry figures with prices for hens four weeks and older, 180, Leghorns and blacks at 14 cents. Prime butchers weighing 189 to 399 pounds average bring $10.90, extreme heavy butchers $8.49, prime butcher packers $7.90 to $9.00, good heavy packers $3.25. No market on common grades.
AP cable reports mixed farm and commodity trading in Chicago with steady butter and eggs receipts and steady market for poultry and potatoes. Livestock prices show firm poultry values and varying cobbler barrel prices across regions including North Carolina and Virginia figures.
New York market notes show creamery butter prices rising to 44 to 45 cents for extras and 42 to 42 1/2 cents for firsts. Putter Easy Receipts record 11,589 tibs with creamery higher than extra, reflecting a 92 score on extras.
From York market notes on June 3 reports alive broilers traded by express at 25 to 45 cents per pound while fowls moved by express at 29 to 28 cents. Irregular freight quotations and limited quotations noted.
Slaughter hogs mostly higher with top prices around 11 hundred dollars for 189 to 220 pound grade. Cattle receipts strong. fed steers and yearlings up modestly while grass cattle scarce and fat stock commands higher in spots. Sheep and lambs show varied declines and price ranges across the week.
Kansas City livestock report shows 1,000 head of horses received by shippers, agency notes June 30. department of agriculture records indicate market activity and available stock.
Classified ad notes a lost item Keos in a container with a reward offered and a contact phone number 144F- -.
Hogs receipts 8500 head active with top at 19.50 and bulk 219 to 349 lb mainly. Cattle receipts 200 head with fed steers and yearlings up 25 to 40 cents, heifers up 25 to 40 cents, beef cows steady to lower. Sheep receipts 1900 head with fat lambs 14.25 to 15.75, feeding lambs 13.96 to 13.15 and ewes around 5.50.
Receipts show hogs 1.5 percent higher with top at 11.95 for 267 pounds. cattle and calves mostly mixed with native steers up to 5 cents, western grass steers firm, fat cows steady to lower. fat lambs 4.50 to 15.90 with most ewes 4.50 to 6.00.
Sioux City IA June 30 cattle receipts 300 head with steers and yearlings up 50 cents top 15.19 heifers up 50 to 75 cents top 14.75 cows up 25 cents top 12.50 cutters up 25 cents top 14.50 bulls up 25 cents stockers and feeders strong. Hogs receipts 7 000 market 10 to 25 cents higher top 10.50 bulk butchers 9 25 to 10 45 lights 9 60 to 10 90 sows 9 25 to 9 50 stags 8 25 to 9 99 pigs 8 25 to 9 09. Sheep receipts 690 lambs 25 to 50 cents lower top 15 35 ewes steady top 6 50.
Peoria Illinois June 30 AP hog receipts total 5090 head with a 24 cent rally. Top price reached 10.75 with bulk buyers paying 10.50 to 10.75 per hundredweight for slaughter hogs.
Miss Ina Fae Paul of Pleasant Prairie has returned home from a week in Washington D C. She was one of two Iowa Four H club girls selected to represent the state at the national camp in Des Moines William L King a former Iowa legislator is reported under indictment in Pittsburgh for alleged conspiracy in framing liquor case evidence while secretary of the Pittsburgh Citizens league.
New York June 3 Market opened with uneven moves as General Railway Signal Consolidated Gas and others gained while radio and Missouri Pacific declined. Heavy buying in motor shares led by Chrysler Dodge and Studebaker Pierce Arrow mergers boosted Dodge Bros GM and Pierce Arrow. rail shares softened with Texas Pacific and Missouri Pacific slipping. Foreign exchange opened steady with Sterling Cable at 4.8716.
Chicago June 30 AP reports corn visible supplies barely half of year ago fueling trader optimism. Market shows corn up 23 to 63 cents per bushel while wheat falls and oats rise. Speculators, buoyed by favorable crop prospects, push purchases to cover potential shortages.
Receipts of corn have been extremely light at all markets causing nearby supplies to command a premium over future deliveries. Domestic consumers in eastern interior points seek steady supplies while Canadians buy for shipment out of Chicago. Argentine labor troubles have delayed corn, reversing past surplus flows to Argentina and eastern Canada.
After a riot in the town, James and Stanley Bearden were dragged from jail and hanged from ropes in the street. A mob overran the jail, battered doors, and used a torch to cut bars before carrying the prisoners to the outskirts. A third man was released without injury.
Mrs Sophia Watson born October 4 1854 in Muscatine Town died at 11 18 Wednesday morning June 1923 at age 73. She married Thomas Watson February 2 1877 and lived on the home place for over fifty years. She leaves four daughters and four sons, plus 15 grandchildren. She was active in church life and cared for the sick, with services led by Rev J P Hutchinson Rev Vernon Shantz and Rev Caleb Larson. Pallbearers named and floral offerings noted.
The Muscatine Musicians Protective Union Local 551 announces installation of officers at the assembly hall on Sunday July 1 at 10 o clock am. All elected officers are urged to attend.
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