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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Mar 22, 1930
Page
8
Reports from Chicago on March 22 indicate cattle trading was sparse with no market for cattle as packers bought the sheep run of 3 000 and most hogs from receipts. Prices ranged for hogs and lighter weights around 10.70 to 10.75 and 9.95 for butchers, while slaughter cattle weakened with weeklong losses and lower demand.
The Associated Press reports Iowa markets showing varied hog prices across Cedar Rapids Des Moines Macon City Ottumwa and Waterloo. Prices range from 5.70 to 9.95 per hundredweight with steady to strong receipts and strong prime light and medium categories.
Cattle receipts compare lower for fed steers and veartings with better grades strong. Bulls and feeders mixed. top fed steers hit $15.00, bulk around $11.00 to $13.00. Sheep receipts 3,000 direct. lambs steady to higher, fat ewes steady. Hogs receipts 7,000 with prices mostly steady. top about $10.80 for 200 lb. weights. various weight ranges noted with steady bids.
U S Department of Agriculture notes receipts for cattle hogs and sheep in Sioux City with prices and weekly changes. Beef steers and yearlings mostly down 25 to 50 cents. stockers and feeders weak. heavy bullocks and good yearlings near $18.25 and $10.50 to $12.00. Hogs receipts around 5 thousand head mostly steady. top $10.00. 250 to 300 lb $9.50 to $9.90. Slaughter lambs mostly 25 to 50 cents lower. clippers around $8.45 to $9.75. fat ewes about $5.75 with feeds noted.
Omaha livestock receipts show hogs with no directs, slow and uneven trade. Prices 15 cents lower for heavy butchers aged as top offerings hit around 30.10. Market activity constrained as buyers hesitate.
Local grocers quote eggs at 18 cents and 13 cents for certain grades. Hog quotations from J P Squire Co Muscatine Ia. Prime butchers weights 170 220 pounds at 9.40 9.85 dollars, 229 200 pounds at 9.15 9.60, extreme heavy hogs at 8.25 3.85, butcher packers 8.15, good heavy packers 7.25 to 7.65.
Receipts 225 cattle, 180 sheep. Cattle per hundredweight ranged from 9.00 to 13.80, with feeders unevenly lower and bulk week totals noting fed steers and yearlings around 10.75 to 12.75. Sheep receipts 180, lambs 20 to 50 lower, ewes 5.25 to 6.10, feeding and shearling lambs 8.65 to 9.25, fed wooled lambs 9.00 to 9.75, top 10.00.
Kansas City market notes show hog receipts 1,500 head with 450 direct and prices mostly steady, hogs 230 lb class down. Cattle receipts 400 head with week trends lower on fed cattle and calves, vealers and yearlings down 50 cents to $1, stockers easing, and sheep lambs 25 to 40 cents lower with top lambs around $10.00.
Receipts total 200 cattle with prices down 25 to 50 cents on fed cattle bulls and cows. Hogs about steady with top at 9.85 for 160 to 230 lb. calves and sheep show mixed moves, with fat lambs down and ewes steady, feeding lambs steady. Market reflects week-to-week comparisons and varied weights across categories.
In Peoria on March 22, hog receipts reached 1,000 head with a steady market. Top hogs sold for 10.40, bulk 10.00 to 10.35. Cattle receipts totaled 100 head with a steady market.
Cattle prices fell across most categories with mixed yearlings and light steers down 25 to 75 cents. Hogs saw light demand and steady to down values, while sheep and lambs posted a slow dressed trade and weaker fat lambs and yearlings. Top hogs traded around 10.65, with various weight ranges distilling into narrower spreads amid modest supplies.
Hog futures for March to September show bids and offers with prices around 8.10 to 10.25 for various delivery months. Heavy hogs delivered Monday bid near 10.50 to 10.25 while medium and light hogs range from about 9.35 to 10.00 with notes on Monday delivery and recent sale prices.
In New York on March 22 the poultry market shows live and dressed items steady and unchanged according to AP dispatch. The brief notes reflect stable pricing across live and prepared poultry, with no notable shifts in demand or supply.
Raw sugar futures slipped one to four points while refined sugar held at five cents per pound. Market activity in New York shows steadier prices for refined sugars amid light trading.
Chicago March 22 AP Wheat prices slipped today influenced by reports of heavy snows in Canadian wheat districts and drought in the American southwest. Wheat closed 13 8 to 2 1 2 cents lower. March to July futures ranged from 1.05 to 1.08 per bushel. Corn oats and provisions also declined or varied while hogs supported steady provisions. Primary corn arrivals were light and Chicago corn receipts stood at 136 cars.
Wheat no sales and corn mixed with several No 3 and No 4 grades quoted. Oats No 2 white and No 8 white appear in limited trades. Seed prices for Timothy and Clover noted, reflecting modest activity in delivery markets.
Minneapolis grain prices show bid levels for wheat across several grades with No. 1 northern ranging around 1.06 to 1.15 and amber durum near 2.56 to 2.69, while corn, oats, rye and flax quotes appear with assorted rates for nearby and futures leads as of March 22.
AP dispatch shows Wheat receipts at 75 cars with mix of No 2 dark hard and No 3 grades trading between $0.98 and $1.05 per bushel. Corn receipts at 45 cars list No 2 white 79 cents, No 3 78 cents, No 2 yellow around 79 12 cents. Oats receipts 8 cars with No 2 white about 44 45 cents and No 3 44 cents.
Wheat No 5 hard 92c. Corn No 2 yellow 75 ¾c No 3 yellow 72 ¾c No 2 mixed 73c No 4 mixed 70 ¾c. Oats No 3 white 41 41c No 4 white 40c.
AP notes cash corn declines of 1 to 1 3/4 cents with No 4 Fellow at 76 7/8 cents and No 5 yellow at 74 cents. No 4 mixed 66 to 70 cents, No 6 mixed 72 1/2 cents. sample grade 421. Oats off with No 3 white at 42 1/2 cents and No 4 white at 42 3/4 cents.
St. Louis market notes list cash wheat No 2 red winter at 1 16 and No 2 hard at 1 053. Corn prices show No 2 mixed at 88 and No 2 yellow at 0 94. Oats No 2 white quoted around 46 with No 2 March at 46 cents.
Minneapolis March 22 AP reports flour prices rising in carload lots with family patente quoted at 6.75 to 6.85 per barrel in 98 lb cotton sacks. Shipments include 41 008 barrels. Bran priced at 32.50 to 23.00.
Chicago market report shows butter steady with 2909 tubs receipts and various grade prices. Eggs eas y with 26552 cases receipts and graded egg prices. poultry receipts one truck unchanged. potatoes 73 cars on track with 44 cars total U S shipments and Wisconsin trading just fair.
Fragmentary price reads show Idaho sacks at 3.15 to 3.35 per 100 pounds with russets. Mentions include refrigerator standards and packing details for months November March and April with percentage figures and aging notes.
Butter steady with receipts 5 459 pounds. Creamery prices higher for extras 38 39 cents, extra 92 score 4344 3S8 cents, first 88 91 score 351 cents. Eggs firm with receipts 23 682 cases. Mixed colors fresh gathered mediums 24154 25 cents.
March 22 AP reports on firsts in produce markets with notes on changes and notable items amid steady trade in the Kansas City area.
Produce prices in St. Louis remained unchanged on March 22 as reported by AP noting steady markets and no change in daily values.
Kansas City hay receipts on March 22 totaled 47 cars unchanged from the prior period AP reports.
Chicago hay market notes show receipts of 17 cars with prices unchanged. Market watchers record steady volumes and no price movement despite ongoing trade activity in Chicago, Illinois.
New York stocks posted a brief rally with gains in oils and specialty issues then retreated on heavy profit taking and short selling. United Aircraft touched 79 1/2 before a pullback as Vanadium Steel and several others hit fresh highs, while Johns Manville and National Cash Register led losses amid a weak closing. Total volume reached about 2.35 million shares.
The bond market opened with narrow fluctuations in a quiet session as rains persisted. Investment issues held firm, especially railroad issues, with select issues showing notable strength including Pennsylvania gold 5s and New York Central 1s while convertibles and utilities moved little.
New York March 22 AP bonds closed with Liberty 3 1 2s at 100 10 First 4 4s at 101 15 Fourth 4s at 102 7 Treasury 4 4s at 112 26.
European wheat stocks appear dangerously low as the current crop year ends, while North American supplies remain oversized. Canada leads North American exports. U S visible supply stays large. Wheat futures and related grains rise modestly on farm board support. corn and oats advance as provisions gain.
Col. Junction Columbus Junction Iowa March 22 Mr and Mrs T A Raymond of Albia former residents will celebrate their golden wedding anniversary Tuesday Relatives invited for the celebration Post office inspector J N Diedrich will take bids to April 1 for suitable office quarters Monologue Who Is to Blame by Rev William Hainsworth at Methodist church Sunday evening 15 20 youths help.
Kalona Iowa reports the birth of a son to Mr and Mrs Lester Kern on Monday. Local news notes visits and moves including Edward Miller heading to Goshen Indiana for work with Yost D Yoder and the Wotru ba and Fox families calling on residents. Also listed are funeral attendance, house moves and rental changes among area residents.
The Rev William Hainsworth pastor of the First Congregational church presented a program at the Moscow Methodist Episcopal church Friday evening. The program featured musical selections dramatic offerings and readings with humorous and inspirational numbers. The dramatic monolog Who's to Blame was well received.
Mrs. O. E. Milner, Henry county district committeewoman, will visit Muscatine on Saturday March 29 for a conference with women members and to attend the board of directors meeting. Miss Grayce Stevens plans training schools for women leaders during the week. Local township groups hold schools at homes of Mrs. Lang, Mrs. Harker, and Mrs. Hendricks with lessons on eggs meat and fish.
In Ainsworth Iowa on March 22 the Sorosis club gathered at Mrs J A Marsh with seven members and one guest Mrs Edith Richards. Nature study and St Patrick themed events followed a business meeting led by Miss Grace Stone. The J E club hosted at Mr and Mrs Lee Norris with five hundred, while the Happy Hour club met with progressive rock and high score by Mrs A E Sands.
Farm Bureau women from Blue Grass will perform in the finals of a dramatic contest in Pleasant Prairie Iowa. The group will present the play Not a Man in the House with Mrs H C Schroeder Mrs Ellis Nebergall Mrs Ellery Plett Miss Louise Brus and Mrs Richard Schmidt among the participants.
Review from Chicago reports eastern butter markets sliding with heavier receipts and growing milk and butter production in central west. Chicago firsts at 24 to 25 cents, New York firsts 25 to 26, with eggs and live poultry markets easing despite ample supply.
Fragmentary OCR lists prices 9.00 11.15 10.60 and terms cash and March. Mentions December and ported old items with casual references to choice and alsike. May indicate a sale or catalog note with unspecified context.
St Louis notes indicate march hay trading activity with prices and suppliers in the local market. Details remain sparse but the dispatch signals ongoing movement in hay sales and regional supply conditions.
Mrs. S. Schweitzburger travels from West Liberty to Moose Jaw Saskatchewan after spending the winter visiting relatives in Wisconsin Illinois and Iowa. She had a stay in West Liberty before continuing northward.
An Ames alumni dinner at the Muscatine YWCA formed a Muscatine Louisa County alumni association of Iowa State graduates. Harry Hyde was elected president with John Jenkins as vice president and Lindley Hoopes as secretary treasurer. Dr John Brindley highlighted college growth and outreach while other speakers recalled departmental work and alumni impressions.
Local residents from Nichols and nearby towns traveled to Muscatine for business and social visits on Thursday and Friday. Train schedule changes on the Rock Island affect several east and westbound services starting March 23, with one No. 61 stopping only by advance arrangement. Eloise Metcalfe also spent the weekend in Muscatine.
The Rev and Mrs Bert Teeford of Los Angeles new pastors of the Four Square gospel tabernacle at Sixth and Cedar streets will lead services tonight. Howard Jones of Los Angeles also participates in the program.
The Rt. Rev. Harry Sherman Longley will confirm a class of candidates at Trinity Episcopal church Sunday evening at 7 30. He will also give a talk after the exercises. Various services and revival events are planned across Davenport with a praise service at First Methodist and evangelistic meetings at Cedar Street Methodist.
A gas electric Northwest ern train running from Stanwood to Tipton derailed on the northern outskirts of Tipton at about 8 am after striking a broken rail. The motor car baggage car and one coach left the tracks but no serious injuries occurred, with passengers and crew receiving only minor cuts and bruises. The train had just reached Tipton before the derailment.
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