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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Mar 27, 1930
Page
14
Chicago reports a tempering storm impact on livestock trading with cattle buyers returning, prices steady near prior close, hogs totaling 19 000 and sheep 16 000 aiding a cautious but steadier demand. Cattle sales ranged near 13 25 to 13 50, hogs led by 10 50, sheep bids softened with light lambs offered between 9 50 and 10 00.
Local grocers and markets quote eggs at 20 cents. Poultry prices list heavy hens 18 to 19 cents light hens 13 cents no springs stags 10 to 13 cents. Hog quotations daily. prime butchers 170 to 220 pounds 8.80 to 9.25. 220 to SW pounds 8.85 to 9.30. extreme heavy 7.95 to 8.55. packers 7.50 to 7.85. good heavy packers 6.95. common and medium 6.25 to 7.50. Cows good and choice 7.50 to 10.00. common 6.25 to 7.50. bulls 8.00 to 9.25. vealers 9.00 to 14.25. stocker and feeder steers mixed, around 4.25 to 10.25. Sheep receipts 16,000 head seen with fat lambs around 9.50 to 19.00. few to 10.25. ewes and lambs prices varying. feeder lambs 9.25 to 10.10.
Iowa hog markets list prices by city with ranges for various weight classes. Cedar Rapids Des Moines Mason City Tama Waterloo show prime hogs from about 9.25 to 9.60 per pound, with heavy and packer categories declining to around 7.00 to 8.50 as weights increase.
U S Department of Agriculture reports Chicago hog receipts 19 000 with 6 000 direct as prices slip for light to 220 lb hogs while heavier weights hold or rise. Cattle receipts 6 04 head calves 2500 with better fed steers active for shipping and other grades steady to weak. Prices show wide ranges across weights and classes.
Kansas City market data shows receipts of 6500 hogs and 4000 cattle with midrange weights discounted. Hogs mostly steady to slightly lower on heavier lots, with prices ranging from about 8.75 to 10.20 per hundredweight. cattle and calves feature steady to strong slaughter classes, varied steers and heifers with top prices up to around 15.00 for yearlings, and stockers showing slower demand. Sheep also mixed with top wooled lambs near 9.70 and middling grades around 5.00 to 9.75 for 92 pound equivalents.
East St Louis reports March 27 cattle and hog receipts. Hog demand slow to higher with prices across weights. cattle and calves show steady to higher bidding, bulls and veal improving. Sheep arrivals light with steady to firm indications. lambs, ewes, and cull lots priced across weight ranges.
Receipts at Omaha total 14 900 hogs and 5 300 cattle with steady to higher bids. Hogs show gains with top at 10.00 for 225 lb butchers and higher prices for other weight ranges. Cattle mostly steady with feeders scarce and vealers up to 13 50. Sheep receipts reach 16 000 with lambs opening strong and pockets of weakness later.
U S Dept of Agriculture cattle receipts 2200 head with steady to weak demand. Hogs 7006 head active and steady to 1 cent higher. lambs uneven, good and choice 80 to 90 lb mostly 8.50, to others 7.50 8.50. Calves receipts 1800 head mostly steady with best sorts 10.00 10.50. Buyers sought better offerings as market showed mixed firmness across classes.
U S Department of Agriculture data show hog receipts at 4 000 head with prices from 9 85 to 10 20 for various weights and sows around 9 50. Cattle receipts near 1 000 head with slaughter steer and heifer prices around 7 00 to 12 60 and beef cows 4 59 to 5 90. Lamb market weak with little activity.
S Dept of Agriculture reports Sioux City Iowa listings with 23500 head cattle and 200 calves among receipts. Beef steers and yearlings described as slow in demand as markets finalize for the week.
Wheat markets closed weaker with March at 1.05 5-8, May 1.08 1-24 5-8, and July 1.05 3-4 7-8. Corn and oats slipped modestly while hog prices influenced provisions. selling rose late, and exports of North American wheat were read as bearish. Arrivals reached 108 corn cars in Chicago against 72 a week ago.
Wheat prices range for No. 2 hard at 1.06 and No. 2 northern spring at 1.02. Corn prices show mixed grades from 0.79 to 0.81. Oats lists No. 2 white at 0.444 and No. 3 white at 0.43. Barley quotable range 0.55 to 0.64. Timothy seed 5.55 to 6.50. Clover seed 10.00 to 17.50.
Minneapolis reports unchanged flour shipments at 36,500 barrels with Brean valued at 24,500 dollars and 25.0 rate noted, per AP dispatch dated March 27.
Poultry Alive steady with receipts of two cars. Fowls and springs priced around 30 to 38 cents. Creamery extras and firsts mixed near 33 to 37 cents. Butter firm with varied storage and fresh standards. Potatoes and onions listed with car receipts and track arrivals. Futures for refrigerators and butter markets noted with monthly shifts.
Eggs held steady in New York market on March 27 as receipts reached 38760 cases. Mixed colors and regular packed types were closely selected for distribution and sale.
Steady to strong undertone across cattle hogs and sheep. Cattle: choice 1250 lb beeves around 13.50, 1525 lb bullocks 22.85, bulk grain feds 10.75 to 12.00, short fed beeves 11.50, bulk cows 6.50 to 8.50, select vealers 13.00, odd lots 10.06 to 11.00. Hogs: receipts 10.5k, top 9.85, 170–250 lb 9.50 to 8.75, 250–289 lb 9.25 to 9.50, 290–320 lb 9.00 to 9.25, packing sows around 5.5. Sheep: receipts 3k, a few fat lambs steady at 9.50, best above 9.75.
Peoria Illinois March 27 hog receipts total 1000 head with steady market. Top hogs bring around 10.49 dollars and bulk sales hover near 10.00 to 10.35. Cattle receipts number 150 head with a similar steady tone.
Chicago hog futures for April and May traded with light volume as prices showed slight gains. April and May bids hovered around 10.50 while nearby bids ranged for different weights with heaviest and lightest categories marked at 10.00 to 10.23. Deliveries slated for tomorrow carried varied pricing across weight classes.
Activity reports include receipts of 10,075 tubs at the Butter-Firm with creamery grades rising above extra. Mentions a 92 score first batch and varied lot pricing around 38 to 91 score as buyers compare nearby markets.
Poultry dressed and live markets steady with no change. Sugar market firmer in New York with light offerings. Raw futures steady and refined prices unchanged with refiners at 5.00.
Kansas City hay market reports 58 carloads received on March 27, unchanged from prior listings. The AP wire notes steady demand as suppliers move supplies through the market.
Chicago hay market reports three cars of receipts unchanged. Kansas City produce notes poultry with hens at 221 and other lines unchanged.
St Louis prices steady for produce with heavy hens and heifers holding near 24 cents. Hay market unchanged in St Louis on March 27 according to AP reports.
The 22 planes of the first pursuit group could not complete a projected flight to Sacramento California due to snow and low visibility. They turned back to Selfridge Field Michigan after reaching Adrian and Ypsilanti earlier in the day.
New York March 27 AP prices on the New York Stock Exchange rose at the open with heavy volume and a late recovery. Utilities led the advance but showed weak spots on the turn. Worthington Pump and Allied Chemical hit new highs while General Motors and General Electric also surged. Sales totaled about 5.7 million shares.
In New York on March 27 bonds traded with little excitement as demand weakened slightly and some gaps appeared. Call money rose to 35 percent amid fund withdrawals, while several issues showed modest losses and others edged up. Treasury 2s and 3s fell about half a point. German Republic 7s traded near 110 after a recent high.
List of bonds including Argentina 6s 1958 Australia 5s 1955 Bethlehem Steel 6s 1936 Calif Petroleum 5s Chesapeake 5s 1947 Goodrich Rubber 6s 1947 Goodyear 5s 1957 Sinclair 0il 5s 1930 Philadelphia Co 5s 1967 Shell Union Oil 5s 1947 Southern Calif Edison 5s 1952 Union Pacific 4s 2 New York bonds quotes and a note on the Chicago Milwaukee St Paul and Pacific railroad seeking permission to issue 15 million dollars of 4 per cent general mortgage bonds to Kuhn Loeb Co and National City Co at 95 per cent of par.
Reported discussions detail Briand's new push amid security tensions. Britain rejects pledges while Stimson and MacDonald seek to avoid military obligations. Japan resists US Japan naval tonnage formula, cabinet unsure, while London talks consider six month suspensions and Mediterranean security concerns.
Washington March 27 The federal farm board chairman Legge said new information shows farmers lowering spring wheat acreage more than the agriculture department indicated. Reports used by the department may date to mid February. the board’s program has gained momentum since then. The department estimated a 3.7 percent drop from last year’s spring wheat plantings. Final figures are expected to show a larger reduction. A flax crop upturn is in line with prior board suggestions.
The Cotter consolidated school board elected R L Richards as president John Thomas as vice president J J Roberts as secretary and Alfred Morgan as treasurer H E Rogers remains superintendent for a two year term Teachers will have a vacation next Thursday and Friday for a convention community club meets with Mrs Earl McBride next meeting set for April 9 Women s Relief corps to bring print scraps for quilt work safety first meeting attended by area gangs funeral and visit notes trips and a correction to a time card schedule for the railroad updates include marriages and anniversaries in the region
Prince Humbert, who recently wed Princess Marie Jose of Belgium, is reported to be in bed with measles in Turin on March 27. The piece notes the royal illness amid other topics, including a brief historical aside on the sweet potato’s origins in America and long cultivation there.
Webster City Iowa March 27 AP Mrs Sara Bonebright 93 daughter of Wilson Brewer founder of Webster City died last night She had lived here since 1848 Funeral services will be held Saturday afternoon.
State Senator A. H. Bergman showed further improvement today in a Newton hospital where he is recovering from a paralytic stroke. Physicians said he passed a good night as treatment continues.
Milan March 27 Sole reports Russian wheat has reappeared on the Italian market. The paper foresees annual Russian wheat imports rising, likely intensifying American and Russian rivalry, and asserts Soviet Russia aims to regain pre war market dominance with Italy as a key proximity.
Twin-City beauty Pearl Ann Cramer Miss America 1929 will appear in person at Hoaglin department store Saturday from 1 to 9 pm. She will model spring sales from Hoaglin stock and assist customers in planning spring ward robes as a style expert. Public invitation extended by store management.
Fourteen local leaders attended a training session for Fruitland township Farm Bureau women at Mrs. Arthur Harker's home. Miss Grayce Stevens, home demonstration agent, led the lesson and will conduct a Lake township session this afternoon. A follow up on the nutrition project was given at Kalorama and Oak Grove in Bloomington township with fifteen women present at Mrs. G. W. Wiggers home.
Mr. and Mrs. Fred Davis, noted travelers, departed Muscatine for parts unknown after a last interview with Welfare association workers. Mrs. Davis previously said a traveling salesman offered transport to Burlington. This visit marked their second Muscatine stay in two years as they solicited funds claiming Mr. Davis is a needy war veteran.
In Chicago on March 27 AP reports Miles Demmit a black man confessed to theft after police found him with a crowbar before a jammed arcade machine. He claimed 98 pennies were won in a poor man’s craps game. Judge Lupe sentenced him to 90 days and a $25 fine.
About 1,000 miners in western Kentucky coal fields walked out amid local salary disputes though no national strike action was authorized. Davin Coal in Providence saw 400 employees quit after a machinist was not reinstated following a convention trip. Two mines plan to shut April 1, risking 600 more job losses.
Captain William Rind of the United States lines S S President Harding died suddenly aboard his vessel in Plymouth England from a cerebral hemorrhage. His body will be sent to New York for burial.
A court report quotes witnesses describing two men fighting with chairs. The judge questions attempts to establish peace while a witness states there was no third chair present.
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