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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
May 08, 1934
Page
9
Special offer for seven insertions at the price of six with a 10 percent cash discount within five days of the final insertion. Minimum charge of 25 cents for six or four line ads. Wanted to Rent a three or four room house. Phone 2580 J.
Hog prices eased by about 10 to 15 cents with top medium weight swine at 3.70 as receipts reached 22 000. Cattle and sheep showed slow but steady demand with highs near 9.50 for select steers and lambs trading around 10.00 to 11.50 for spring lambs. Receipts totaled 13 000 sheep plus 7 000 cattle and 22 000 hogs and oxen.
Iowa hog prices across Cedar Rapids Waterloo Mason City Ottumwa and Des Moines show declines from Monday readings. Prime hogs ranged roughly 180 to 500 pounds with values from about 1.70 to 3.10 in various weight classes and packaging on the local porker markets.
Des Moines May 8 AP Hog receipts at interior Iowa and southern Minnesota plants for the 24 hour period ending 6 am show 20,800 hogs, up from 14,800 a week ago and 19,200 a year ago. Prices vary by weight from 140 to 350 pounds, with ranges from 2.40 to 3.35 dollars for light to heavy weights. Quotations are based on bulk transactions and note weight shrinkage on long shipments.
Local grocers pay 13 cents to 11 cents for cattle, with roast and good meat rates listed. Prices range from $1.40 to $3.20 for various live weights from 149 to 300 pounds. Ex treme and heavy packers show lower quotes around $2.25 to $2.60.
Hogs receipts total 22 000 head including 7 000 direct with market slow and mostly lower. Prices ranged 3.60 to 3.70 for 180 to 250 lb hogs, down 100 from Monday, and 3.40 to 3.50 for 260 to 350 lb hogs. Cattle and calves: 7 000 head cattle and 3 500 head calves with steer market mostly steady to slow. top steer price 9.50. Sheep receipts 13 000 head with lambs steady and ewes and spring lambs at high double-digit levels. bulk of wooled lambs around 10.0.
Kansas City May 8 AP U S Dept of Agr reports hogs receipts 6000 head with 240 direct and prices generally 5c lower than Monday. Top $3.35 on choice 180 to 240 lbs. Cattle receipts 6000 head incl calves 1000 with varied bids. beef steers weak to steady, best heavy steers around $7.50, yearlings $6.00, cows $3.65 to 4.25. Sheep receipts 10000 head. spring lambs 2 to 50c lower, top native lambs $11.00, wooled lambs $9.85, heavy lambs $10.25 to 11.00, ewes $2.50 to 4.35.
Omaha May 8 AP U S Department of Agriculture reports 7000 hogs active on better grade medium weight butchers with mixed moves. Hogs steady to 5c lower other grades 5 to 10c down. Cattle receipts 7 head calves 300. feeders scarce. steers and yearlings steady to weak. Sheep 6000 head with lambs 25c lower, spring lambs $9.25 to $10.00, fed lambs near $8.85 to $10.75.
May 8 Minneapolis dispatch notes flour up 20 cents with carloaders and family patents ranging 6.75 to 6.95 per barrel in 98 pound cotton sacks. Shipments list Fs 076 parrels. Pure Bran at 17.50 to 18. Standard Mindlings 16.00 to 16.50.
Raw sugar prices in New York opened unchanged on May 8 with futures flat to two points lower and refined sugar also holding steady.
Major equities show varied moves with Alleghany at 24 percent and Am Steel faltering to 173, while Am Sugar hits 527. AT T advances to 111 and Gen El to 21. Other notable levels include Ford Motor 9 14, United Founders 15 16, and United Gas 32 as trading closes.
Chicago May 8. A surge of aggressive buying lifted wheat prices, reaching a new high not seen since mid April. Washington notes on Roosevelt's silver policy and scant rainfall boosted sentiment. corn rose modestly while oats held steady and provisions declined slightly.
Wheat prices range No 2 red five and a half cents No 1 hard eighty six cents Corn values show No 2 mixed forty nine to fifty cents No 2 yellow new about forty nine and a half cents No 2 yellow old around forty nine and a half to fifty cents No 3 yellow about forty nine and a half cents No 5 yellow around forty eight to forty two cents White corn values near fifty three and a half to fifty four and a half cents Rye No 1 about fifty five cents Timothy Seed six twenty five to six fifty per cwt Clover Seed nine fifty to twelve seventy five per cwt.
Chicago reports live poultry receipts 41 trucks with steady demand. Hens and leghorns priced by weight, various prices listed for fryers, roosters, turkeys, ducks, geese, and colored birds. Potatoes on track 58 cars, total shipments 565. U S russets and other varieties cited with prices. Butter and eggs steady with varying creamery scores. futures show little activity.
Butter receipts rise to 24647 tubs with steady markets for creamery firsts at 88 to 89 scores and other grades unchanged. Cheese receipts total 406245 lbs with firmer tone while state milk flats remain steady. Eggs receipts 46795 cases steady with mixed colors firsts 16 to 17 cents. Dressed poultry steady and live poultry weak with broilers freight at 17 to 20 cents and other freight unchanged.
New York stocks show mixed action as government issues hit new highs for 1934 while corporate bonds struggle with thin backing. Treasury 4s of 1954 and 3% stay near best levels, Treasury 3s rise, and small recoveries occur in International Telephone 5s Postal Telegraph 53 New York Central 5s and American & Foreign Power. Loans from Armour & Co Erie National Dairy Products Pennsylvania Southern Railway United Drug and Western Union continue to falter.
U S Department of Agriculture figures show cattle receipts at 3000 head with killing steers and heifers mostly steady to 16 cents higher, stockers and feeders steady, cows and cutters lower. Hogs receipts 8500 head with lighter weights $2.65 to $3.20, sows $2.50 to $2.65, feeder pigs $2.65 down. Sheep receipts 1000 head offer odd lots, lambs selling around $11 and $8.75 to $8.90 for small to mid sizes.
Two dress patterns for young girls offer party and street wear in sizes 6 to 12. Pattern 231 uses 2 1/4 yards of 39 inch fabric for size 10. Pattern 232 requires 2 yards of 35 inch fabric plus 1/4 yard contrast. Send 30 cents for both patterns or 13 cents each to Julia Boyd in New York with name address size pattern numbers and newspaper name.
Churches from Letts and Cranston joined for a Sunday night program at the Cranston church. The program featured a prelude, solos by Martha Winters, readings by Lorene Viner, a play by members of both churches, and offerings led by Rev. C O Winters. A missionary message from W S Hunter followed.
The Illinois supreme court considers bail for Samuel Insull as he faces incarceration after surrendering to U S marshals. Judge Barnes upholds the government’s bail suggestion, while Insull and his son await placement. Dr. Arthur Elliott supports Insull as officials choose the jail assignment.
The Morning Sun junior senior party will be in the high school auditorium on May 11. The senior class play Hands Up, coached by Supt W D Allen, is set for May 18 with cast members Allaire Griffin Grace Wilson Hazel Bowers Cecil Bryant Robert McElhinney Robert Nichols George Taylor Margaret Giffin Orval Mecklenberg Wilma Baird. Dr Randall of the United Presbyterian church will meet the Union church officers and teachers Thursday at 4 pm, with an open meeting at 7:15 that evening. Three new teachers were elected: Imogene Husted to teach English, George Ehman to teach history, and Donna Peterson to teach fourth grade.
The interstate commerce commission favors consolidating related regulatory activities under a single commission in the Rayburn bill. Hugh S. Johnson predicts a slight extension and possible amendments to the steel code beyond May 31, with reflects FTC recommendations but Johnson’s own ideas guiding changes. The FTC criticizes basing points for price setting in steel as a price fixing method.
Police Chief W. E. Longstreth announced two more bicycles stolen in Muscatine have been found. The recovered bikes belonged to Albert Skolnik and Roy Bayer, taken from the YMCA in recent days. The department grills several local youths as part of the ongoing bicycle theft ring investigation.
The Atalissa Presbyterian Sunday school plans a Mother's Day program Sunday morning between Sunday school and church featuring recitations drills songs and special music. Mrs. Will Poole of Detroit arrived to visit her parents Mr and Mrs George Worral and guests Mrs J B Van Horn and Mrs Handy of Iowa City. The Rev Sias former Nichols pastor preached the baccalaureate on What Is My Life as the class of 1934 graduates on Friday evening May 11.
Foreign exchange rates in New York on May 8 show steady demand in cents with numerous country rates listed. The report includes values for Great Britain France Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Hungary Romania Brazil Shanghai Mexico City Montreal and others with varying cents per unit.
An interstate commerce examiner told a Washington D C commission meeting there is no need for another railroad between Muscatine and Burlington and recommended denying rehabilitation of the abandoned Muscatine Burlington and Southern line. The Minneapolis and St Paul Railroad would serve traffic with six miles from Oakville to quarries. rehab of the old line could cost about 50000 dollars, with future extensions to be considered if demand grows.
Indianapolis installs a bronze marker on the lawn of the former Harrison home to commemorate the residence of the twenty third U S president Benjamin Harrison and mark the historic site.
Mexican federal forces closed in on Cananea after a search stretching from Nogales found signs the kidnapers fled with the child two days earlier. Officers blocked routes and searched houses door to door through the night, interrogating many but making no arrests.
The last will and testament of Thomas J. Carney, late of Muscatine County, was opened April 30, 1934, for probate. A hearing and proof are set for May 28, 1934, at the March Term of the District Court, and interested parties may appear to contest the admission to probate. E. C. Erwin, Clerk. Chas. P. Hanley, Attorney.
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