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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Sep 22, 1925
Page
10
Wheat rose on bullish signals from dwindling U S potato production and steady exports, while corn and oats moved with wheat by reacting to shifts in demand and supply. Prices fluctuated with weather reports, harvest progress, and regional milling activity, as Durum and hard winter grades showed mixed demand and premiums.
Chicago wheat and corn quotes show multiple classes with varying prices. No. 1 hard wheat at 1.69 dollars, No. 2 hard 1.56, mixed corn prices from .88 to .89, yellow varieties up to 89 cents, oats around 39 cents, rye 0.02, barley 0.60 to 0.78, timothy seed 7.00 to 8.10, clover seed 19.25 to 27.00, lard 17.45, ribs 18.50, bellies 21.12 per hundredweight.
Peoria Illinois September 22 corn receipts 57 cars half to one cent lower with several yellow and mixed grades quoted No 2 yellow 86 to 64 cents No 4 yellow 5 to 6 cents No 2 mixed 64 to 42 cents No 3 mixed 83 to 83 cents No 4 mixed 85 to 83 cents No 6 mixed 82 to 83 cents sample grade 82 to 83 cents oats receipts 4 cars market higher No 2 white 39 cents
The USDA weekly grain review notes firm wheat in the face of lower feed grain prices on prospects of early corn movement. Rye dull, flax higher. European wheat prospects show larger northern hemisphere production outside Russia. Canada reports a strong new crop movement with talk of tariff-border grain entering the United States, though no duty-paid imports or bonded-mill grinding for export reported.
Poultry listed by Swift and Co includes No 1 hens 19c No 2 15c No 1 springs 19c No 2 springs 15c roosters 9c Eggs at 30c. Livestock from Richard Faeking Co shows good hogs priced at 13.25 12.15 and packers at 12.25 12.50.
Chicago reports butter unsettled with receipts 16 290. eggs unchanged with 14 900 cases. poultry steady with 19 cars received and prices for fowls roosters ducks turkeys and geese listed. Potatoes receipts 87 cars and U S shipments 720 cars. market liquidity slow and prices for whites and potatoes vary across states.
New York produce report shows butter firm with receipts of 15 897 pounds and creamery prices near 49 to 50 cents for extras. eggs firm with 23 883 cases and ranges from 27 to 64 cents for fresh gathered, storage, and nearby varieties. cheese steady with 222 391 pounds received.
St Louis notes on produce and dairy markets with Springs 24c hens 23c geese large white ducks 19c and other items unchanged Butter and Eggs unchanged.
Kansas City Missouri September 22 butter eggs and poultry unchanged in the daily market report. Price stability noted across commodities with no significant fluctuations observed.
New York markets report poultry prices for September 22. Live chickens by freight 24 to 27 cents per pound, by express 24 to 28. fowls 20 to 29 cents by freight and 18 to 29 by express. roosters 14 cents by freight. Dressed poultry irregular with unchanged prices.
Raw sugar declined 132 points to the lowest levels since May 1922. Spot Cuban sales reached 10,000 bags at 4.12 duty paid. Refined sugar unchanged. Fine granulated priced 5.40 to 5.70 per hundredweight.
East St Louis auction listing shows good and choice drafts priced at 150 dollars. Good eastern chunks at 75 dollars, 100 head. Choice southern horses listed at 45 to 75 cents. Mules priced by size from 16 to 17 hands at 175 to 225 dollars, 15 to 16.2 hands at 125 to 190, 14.3 to 15.3 hands at 60 to 1060 dollars.
New York brokers ignored renewal rate hikes on call loans to 5 1 4 per cent as pool operators with favorable long term loans held steady. Buying surged in low priced motor and accessory shares led by Dodge Brothers and Paige Detroit, while American Dan slid about four points, pulling down the market.
Chicago markets opened with 17 600 hogs and 16 000 cattle as receipts slow. Hog prices mostly steady early, weak later with packers inactive. best weights 13.00 to 13.55. Cattle demand drags, yearlings 14.50 to 15.25, western grassers steady 7.50 to 9.00. stockers slow, bulls firm. Sheep receipts 15 000, lambs weak early, most natives 14.50 to 14.75, city butcher cars 15.00 to 15.25, fat sheep steady, fat ewes 6.50 to 7.50.
Cattle receipts total 15 000 head with grassers and short feds at 7.00 to 10.50, best fed offerings higher. bulls steady and stockers slow. Hogs receipts 6 900 head with light weights steady to 10c lower, 170 to 225 lb hogs 13.00 to 13.25, packers slow. Lambs and sheep receipts 11 000 head with lambs 10 to 15 off, prime westerns 14.85, range ewes 7.59. overall market mixed by class and weight.
Sioux City Ia cattle receipts 3500 with steady market for killers and stockers. Fat steers and yearlings priced 8.00 to 15.00. Hogs receipts 6500 with steady to higher, top 13.10. Sheep receipts 2500 with lambs 14.60 and ewes 7.00.
East St. Louis Illinois reports hogs receipts 12 500 head market slow and weak with top at 13 75 and lights 15 65 13 70 200 to 220 pounds 13 50 13 65 239 to 250 pounds 13 35 13 40 big packers holding back packers sow 11 50 11 75 light sows 11 85 11 90. Cattle receipts 7 000 head market lower undertone few deals steady at 7 50 4 11 00 bolognas 25c higher at 4 25 5 25 bidding lower on light dealers few 1 50 down at 13 50 others steady heifers up to 11 00 cows 4 25 ww 0v. Sheep receipts 2 900 head fat lambs slow few 14 59 14 75 to butchers steady one small lot to butchers 15 00 big packers bidding 14 25 on other lambs 10 00 for most culls fat ewes 5 00 7 59.
Hogs receipts 5900 head with market steady to higher. top 13.25, bulk 12.60 to 13.10. Cattle receipts 6000 head. market steady to strong. steers 6.75 to 12.00, top 13.25, cows and heifers 3.25 to 9.50, calves 5.99 to 12.00, stockers 5.25 to 8.50. Sheep receipts 6900 head. lambs 13.50 to 14.85, ewes 6.50.
Peoria Illinois September 22 hogs receipts 1500 head market steady top 13.59 with lights to 13.50 mediums 13.25 to 13.50 heavies 12.75 to 13.25 packers 11.25 to 12.25 cattle receipts liberal market steady calf top 13.59
Hay receipts were light at most markets while top grades remained in demand. Scarcity of high quality hay helped move ordinary lots and buyers avoided low grades. Rain benefited pastures but added moisture was still needed across many regions.
Scanty market offerings push timothy and prairie prices up by 1.00 to 1.50 over last year while alfalfa remains about 1.50 lower at main markets due to a Pacific coast crop. Receipts rise slightly east of the Rockies, with Pacific coast arrivals up. Chicago and St Louis see price gains for prairie, while Kansas City and Omaha show firmer tones on top grades amid steady broader demand.
American debt commission officials accelerate final preparations for the opening of debt funding negotiations with the French mission due to arrive in New York on the Liner Paris. Acting Secretary Winston Myron T. Herrick and Ambassador Daeschner prepared to greet the French envoys in New York as Caillaux and assistants move to Washington for the talks.
Omaha prices range from 12.9 to 14.9 cents a gallon including tax with Elrod and Howell at 12.9 and Michels at 13.9. Plans for a Nebraska farmers refining co-op propose stations in each county selling gas two cents above cost. Des Moines cuts add two cents, bringing state tax into effect and signaling continued price adjustments.
Two individuals were charged with intoxication and arrested at 6 45 p m yesterday by Officers William Khone and Jake Dora.
Springfield Ohio reports a 14 year old boy Harold Riffey died after inhaling gasoline fumes from a car gas tank on his father's farm. He reportedly told neighbors he often breathed fumes to get drunk and was found by his mother near an open gas tank in a barn.
Work on the old Tipton road in Bloomington township began yesterday afternoon for about one and one-eighth miles. Korneman brothers hold the hauling contract, and local farmers provide labor. The road will stay open during grading and should be finished in about a week.
Two West Liberty students at the University of Iowa, Zona Wolf and Virginia Snyder, have been pledged by sororities. Miss Wolf joins Kappa Delta and Miss Snyder Alpha Chi Omega.
A compact classified notice lists a lost white poodle with blue ears at 315 E Front offering a reward, a found pair of dark shell rimmed glasses on Mulberry, an ad seeking two young ladies for dress making apprenticeship with Mrs Bodkin at 128 and 2nd, a for sale Royal sewing machine at 15 dollars, and a tailored suit and coat size 36 for sale with contact 144.
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