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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Mar 26, 1930
Page
10
Storm disruptions halt early trading at Chicago stockyards with about 5 000 cars expected today, 500 reported, as snow blocks pens and alleys. Cattle, hogs, and sheep show mixed early bids with cattle closing unevenly steady to 25 cents higher and sheep fairly active.
The Associated Press reports summary hog prices in Iowa markets with varying weights and classifications. Des Moines receipts numbered 1,200 head with primes and packers priced across light to heavy categories.
Dept of Agriculture reports 14 000 hogs with 3 000 direct sales, prices varying by weight from 9 25 to 10 60 for 160 to 360 pound ranges. Sows and calves noted with ranges from 8 00 to 10 25 and 2 800 calf receipts amid a market described as mostly steady to strong.
Prices for poultry and eggs show 18 cents for turkeys and hens at 18 to 19 cents. Hog quotes daily from J. P. Squire Co. in Muscatine list prime butchers 170-220 lbs at 8.80 to 9.25, 220 lbs and up at 8.85 to 9.30, extreme heavy at 7.95 to 8.55. Sheep receipts 13,000 head with lambs around 9.50 to 10.40 and ewes 5.99 to 6.25. feeder lambs 9.25 to 10.10.
Wheat prices rose with government buying as dry western Kansas worsens crop prospects. Sedgwick County reports 60 days with scant moisture and a likely smallest wheat crop since World War I. Corn and oats show mixed losses and gains amid tight supplies and firm hogs.
Receipts 6 000 hogs 140 direct fairly active with gains over Tuesday. Top hog prices 9 15 per hundredweight for 190 to 220 Ib hogs. Cattle and sheep receipts around 6 500 and 8 000 head respectively with mixed demand. Steers 1300 to 1500 Ib 11 75 to 14 00. veal and cows varied by weight and quality. Lambs strong with high prices for top lots. several weight classes listed with quoted ranges.
Receipts 2,600 cattle and 10,500 hogs with steady to mixed trends. Feed steers and yearlings steady to higher, hogs mostly steady with top prices around 9.65, sows and bulk pigs aiding mixed pork values, sheep light demand with lambs and mutton trading modestly.
East St Louis market reports 10 500 hogs with prices to 10 55 per pig and cattle receipts at 2 000 with steers priced up to 14 50 per 100 pounds. Vealers calves and cows show varied levels with steady demand and light action on lambs and ewes as buyers hold steady.
Chicago prices dated March 26 show quotations for corn mixed and yellow varieties, oats with no sales, and seed rates for Bailey quotable ranges. Timothy and clover seeds are listed with price ranges from five to seventeen dollars.
Minneapolis market data lists wheat receipts and prices for No. 1 northern No. 1 dark northern and Montana varieties with protein content and arrivals. Declared quotations include amber durum and red durum, plus May July and September futures, and corn oats barley rye and flax values.
Hogs recount 12 000 head fairly active steady to 50 cents higher strong weight butchers lead. Prices: choice 200 lb lights 9.50 to 9.80? bulk 169 to 250 lb 9.50 9.80. 230 to 260 lb butchers 9.40 to 9.99. 260 to 280 lb 9.25 to 9.40. 280 to 320 lb 9.00 to 9.25. packing sows 8.35 to 9.50. feeder pigs 8.00 to 9.00. Cattle receipts 8 000 head: steers and yearlings steady to strong. top steer prices 11.25 to 13.25. heifers 10.50 to 11.50. bulk beef cows 8.50. choice lots 9.00 to 9.50. stockers and feeders scarce 10.25 to 11.50. Sheep receipts 17 900 head: lambs strong to higher. bulk fed wooled lambs 9.00 to 9.45. top 9.85. slaughter wooled ewes to 6.00. shear lambs 8.75 to 9.25.
St. Louis grain prices show cash wheat for No. 2 red winter at 1.15 to 1.17 per bushel and No. 2 hard at 1.04. Corn prices list No. 2 yellow at 84 cents and No. 3 white at 83 to 84 cents. Oats No. 2 white quoted at 45 to 46 cents.
Peoria Illinois March 26 AP corn receipts totaled 22 cars with prices unchanged to one cent higher for No 3 yellow 80 to 81 cents No 4 yellow 79 to 80 cents No 4 mixed 75 to 76 cents cats receipts 5 cars steady for white corn 42 to 43 cents sample grade white locally listed
Minneapolis grain market notes steady prices with flour unchanged. Receipts reach 37,109 barrels as bran price marked at 23.00 per unit, reflecting steady demand and supply conditions in Minneapolis, Minnesota.
Cattle receipts 2,500 head with calves and yearlings rising to 25 cents. Active fat steers and yearlings up, other classes mostly steady. Hogs receipts 500 head with prices up about ten cents. top 9.95 for 189 to 210 pounds. Sheep 5,000 head. lambs opening steady with early top near 9.50.
Chicago stock report notes steady egg receipts with 16 064 cases and unchanged prices. Butter prices hold steady with numerous storage futures listed for November through June. Potatoes and poultry receipts track with storm impacts and limited shipments. overall U S shipments total 932 cars signaling weak sales.
New York produce prices show eggs steady on regular packed firsts with mixed colors and unchanged other grades. Butter receipts rise slightly with creamery offerings higher than prior, ranges around 34 to 38 cents for various grades.
AP report from Peoria shows hog receipts with a market steady to 10.5 cents higher. Top hogs bring about 10.40, bulk around 10.00 to 10.30. Cattle receipts total 100 head with steady to higher bidding observed.
Poultry and eggs market notes show hens at 21 dollars per crate, butter at 42 cents per pound with creamery grade at 41 cents, other produce unchanged as of March 2.
St. Louis prices for eggs and cheese show no change while butter and creamery extras edge lower. Market notes from AP indicate stability in basic dairy commodities with minor declines in supplementary butter products.
Muscatine county annual spelling contest will be held Saturday March 29 at the Jefferson school auditorium Ninth and Mulberry. It starts at 10 o clock with contestants reporting by 9 30 to 9 45 for number assignment. A noon recess lasts an hour and the contest resumes about 1 30.
The Van Sweringen brothers of Cleveland expand their holdings to create the largest privately owned railroad system. Their 2 billion dollar, eighteen thousand mile network spans New York to Salt Lake City and Chicago to New Orleans, controlling lines including Chesapeake and Ohio, Erie, Nickel Plate and others. The pair began with the Nickel Plate purchase in 1916 and now wield influence across multiple major lines.
New York stock trading drifted with opposing speculative forces but overall upward trend as over fifty issues hit new yearly highs. Vanadium Steel fluctuated, Electric Power and Light surged to a high, and Western Union gained on financing rumors. Several major names reached new highs while others declined, including American Locomotive and United Carbon.
In New York on March 26 AP reports dull bond trading and lower volume. Utilities and industrials held firm while oil stocks showed solid demand. Canadian National and Illinois Central issues posted small gains. Foreign bonds advanced slowly as Liberty Fourth led government issues before a slight selloff.
Undefined fragment mentions poultry standards and light costs with scattered figures. No clear event or entities present to form a full news item.
Sugar futures in New York were little changed at midday with minor moves between one and two points. Prices for granulated sugar remained flat as market activity steadies amid steady demand and ample supply outlook.
In Columbus Junction on March 26 a reception honored Rev. C. S. Ramsdale and his wife at the United Presbyterian Church with about 90 attendees. The event featured welcomes from church and society leaders and a Ramsdale response.
Attending physicians said county supervisor Fred R. Kaufmann remained satisfactory after a serious Sunday operation at Hershey hospital. He again had a restful night and showed encouraging recovery progress following the removal of a large portion of his stomach.
Mrs William Aman of Algona was seriously burned on her face and body Tuesday when gasoline used while washing clothes exploded in the basement of her home, setting the house on fire.
Hostesses Mrs Masonholder and Mrs Charles Lambert presided over a refined gathering with guests in attendance. The event showcased seating arrangements and informal conversations reflecting the season's social calendar.
Due to large consignments the sale will begin promptly at 1 00 PM. Miscellaneous items are scheduled to sell before noon.
A dated ad lists several vehicles for sale in fine or overhauled condition. Oldsmobile Coupe and Pontiac Landau Sedan noted as well maintained. Ford Roadster suggested for light delivery. Chevrolet 144 Ton Truck overhauled and runnable. Ford Tudor in good condition with upholstery described. Tires and engines described as in good or fine shape.
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