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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Mar 19, 1927
Page
10
Chicago March 19 AP hog trade remained active at steady prices but heavy hogs met weak demand. Light hogs sold at 11.80 with week ago 12.30. Cattle and lambs reached week lows. steers dropped 25 to 16 cents from a week ago, primes near 15.30 then 13.00. Sheep values steady.
General selling from bearish forecasts pushes wheat corn and oats to yearly lows. Weather favors crops but not cold enough to worry markets. Provisions steady to firm amid scattered egg buying. Egg storage swells stocks across Chicago New York Boston and Philadelphia. Poultry prices soften with weak trade for larger sizes while fancy stock holds value.
Receipts: cattle 200 head hogs 4 000 head sheep 7 900 head. Hogs steady to higher on heaviest weights top at 11.86, bulk 11.50 to 11.60. sows weaker. Cattle demand firmer for light to medium weights, tops around 13.30 for heavy steers. vealers lower. Sheep steady with feeding lambs softer. top fed western lambs around 15.60. Overall week’s bulk prices listed for fat cattle, stockers, feds, and yearlings.
Sioux City market results show cattle numbers at 160 head with fat steers and yearlings steady to lower, hogs 4,598 head with steady pricing, sheep 249 head with lambs about 5.90 and some higher prices, packers and buyers active. Cattle sale details include steady to lower fat cows and heifers, steady yearlings, and steady feeding cattle. hogs average around 11.98 to 10.50 per hundredweight with bulk sales near 11.90.
Kansas City Missouri March 19. Department of Agriculture report shows cattle receipts 459 head calves 25, market weak with heavy steers 7 to 59 lower. vealers and fat cows down. Sheep receipts none, lambs 25 lower, ewes and yearlings mixed. hogs receipts 1990 head with prices around 11.28 to 12.50 per 100 pounds, trade steady for some weights.
In March 13 at St Joseph Missouri receipts show 999 hogs at top 11.38 and bulk 11.56 to 19.56. cattle receipts 199 with steers up to 11.75 and cows and heifers 4.40 to 9.50. calves 6.99 to 11.50. stockers and feeders TON S 15. Sheep receipts 5,999 with lambs 14.90 to 15.99 and ewes 8.50 to 9.75.
Receipts at the St Louis East market reach 4900 head with overall gains of 16 to 25 cents. Cattle show declines for steers and veal while yearlings and mixers hold, hogs maintain steady, and sheep see fat lambs and yearlings easing by 25 to 50 cents for the week. Top lambs hit around 15 dollars with feeders about 14.75 to 15.90, cows weaker around 7.75 to 9.00, and sows down near 19.25.
Peoria Illinois on March 13 reports hog receipts of 599 head with prices steady to strong. Top price sold was 11.69 per cwt for light pigs, medium weights 11.23 to 11.45, heavy hogs around 11.00, packers bids about 10.33.
Wheat No 2 red 1.32 1/2. Corn No 4 mixed 64 64 1/2 cents. Oats No 2 white 46 1/4. Lard 12.37. Ribs 16.50. Rellies 16.27. Barley 4.82. Timothy Seed 4.75 5.25. Wildflowers 51.50 35.75. Prices listed for various grades and seeds.
Wheat receipts total 87 cars with mixed price moves. No. 2 red wheat quoted at 1.262 to 1.28 per bushel with nearby contract levels. No. 2 white oats at 45 to 47 cents per bushel. market tone described as tentative with minor changes across July and May futures.
Peoria market reports corn receipts with seven cars moving lower. No 4 yellow 63 62 5 No. 5 yellow 61 60 No 6 yellow 59 61 No 6 mixed 60 42c with poor to fair samples. Cats market also down with No 2 white 46 ¼c and No 4 white 33 41c, sample 30 32 ½c.
Saylor Wicherman report quotations furnished by Saylor and Wicherman located at 409 410 Hershey Blde. Wire connections with J EK Bennett and others noted.
Local market report lists poultry prices: hens 20 cents, light and dark hens at varying rates, cocks 19 cents. Hog quotations from J Pr Squire Co show butchers by weight with price ranges from 10.25 to 11.00 per hundred pounds, and packers around 98.85.
Butter receipts at 1 158 tubs with standard grades steady to higher. Egg receipts 20 26 cases unchanged. Poultry alive and steady. Potatoes receipts 65 cars on track 242 cars on hand. Wisconsin sacked round whites about 1.80 to 1.95 per cwt and totals for russets around 2.75 to 2.90. market soft with slower demand. Futures list butter and eggs with fresh standards prices for March April June and storage levels noted.
New York March 19 AP Butter steady with 10 674 tubs receipts Pegs steady with 21 625 cans Cheese steady at 200 973 pounds receipts indicate stable supply in the market split by commodity and unit.
Kansas City March 18 reports Red River potatoes at 3.00 to 3.50 per bushel for cobblers. Other produce remains unchanged according to AP.
Chicago butter quotations fall to 48 cents from 49.15 while New York Extra Grade butter steadies around 47. Debates cite import arrivals and seasonal production as factors. Markets show quieter tone with weeklong shifts modest amid domestic and foreign price dynamics.
March 19 market report lists IAP live poultry steady with broilers and fowls by express at 59 and 264272 count respectively. Dressed poultry prices remain unchanged amid quiet demand and unquoted items.
New York sugar prices show no change on March 19 as both raw and refined grades hold firm in light trading. Analysts cite steady demand and limited futures activity.
A sharp drop in Houston Oil, about ten points, unsettles the market as new weak spots appear across other sections. Early gains fade as control shifts among speculators. United States Steel, General Motors, and Lackawanna receive limited support. Closing remains heavy.
Chicago reports furthers gains in cattle with heavy steers hitting 13.50 as Prairie Farmer notes market strength since November 1925. Hogs rally but do not reverse recent decline while wheat and corn markets show mixed signals amid liquidation and slow demand. Three investigations open in Chicago board of trade matters.
Morning Sun Iowa report notes twelve attendees at an all day work meeting at the home of Mrs. Howard McConnahar. Mr. and Mrs. C F Curran return from Los Angeles after winter with their son. Mrs. William Keller observed her 73rd birthday with neighbors hosting a dinner for 18 guests and gifts.
Tremendous storms killed dozens and injured many more in southwestern Missouri and northwestern Arkansas. Green Forest suffered extensive destruction with at least sixteen dead and thirty injured. Denver and Marshfield reports followed as towns faced heavy losses. Special trains carried medical crews while streets lay in debris and power lines were down.
Poll closes prompt results show Muscatine county complete by 7 50 PM with precincts in Sweetland township sending early figures. Wilson nets single votes in two precincts while Thompson wins historic Senate seat as first Democrat since Gobble from 1890 to 1892.
A three year old, Gladys Thelma Graves, died instantly when struck by lightning at her Mount Pleasant home of Mr. and Mrs. A. A. Graves. The same storm brought hail to Columbia Wartrace and swept Middle Tennessee yesterday afternoon and last night. Relief work began in Benton Arkansas where a tornado killed 10 and injured 12.
The piece discusses potential Japanese tariffs that could curb American lumber imports and flood the U.S. market. It notes the Textile Institute of America led by Walker D. Hines aims to promote rayon as a silk substitute, using American forests to produce artificial silk and expand forestry research funding.
A digest of bills introduced in the Senate and House headings actions on reports. Items include reporting minutes of soldiers monuments, repeal of political participation bans, simplifying corporate indebtedness limits, reporting security holdings, appeals from property assessments, taxation of real estate mortgages, road law revisions, motor vehicle speed limits, fund transfers in Alcona, cooperative bank formation in Iowa, and adoption payment provisions for children in charitable institutions.
The Chicago police department reports the passing of a noted officer nicknamed Hilly. The item is of interest to readers who recall the officer’s sharp approach to loiterers and park bench wanderers who felt their sting as they walked the streets.
The text suggests a future U S policy move to curb Japan's silk exports as a barrier, paralleling a wall raised against American lumber. It implies a strategic trade measure may follow similar protective aims.
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