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Newspaper
Washington Evening Journal
Location
Washington, Iowa, United States of America
Date
Jul 15, 1924
Page
2
Omaha market today reports hogs at 16 cents higher with top 7 35 and packers 6 66 to 7 30. Cattle receipts 6 000 with steers and yearlings varying from 9 75 to 10 60, western grassers 9 00 to 17 36, feeders steady. cows and heifers strong to 10c higher. Sheep receipts 11 500 with lambs 13 50 to 13 76 and range feeding lambs 11 69 to 11 75.
Kansas City cattle receipts 12 000 calves 3 000 with steady to higher better grades yearlings while beef steers are mostly slow. hogs up 16 to 20 cents with top at 7 65 and sheep around 25 cents higher to 14 90 for natives.
Sioux City market news reports cattle receipts of 3,900 with active demand and steady to higher values. Fat cattle ranges 6.90 to 8.75 with bulk 7.75 to 9.26, hogs up 25 to 40 cents with top 7.50 and most 7.00 to 7.45, sheep receipts 100 with strong demand.
Chicago markets list current prices for wheat corn oats rye barley timothy and clover seed with ranges across grades. Lard and belly prices shown alongside seed prices to reflect overall commodity shifts in mid July.
Chicago markets saw wheat futures rise to new highs on Winnipeg price spikes and poor Canadian crop reports, then falter as forecasts of showers spurred selling. Sept futures moved from 1.23–1.24% to 1.21% later, with broad volatility across contracts. Oats tracked corn, while cash corn held strong at 1.14% for No. 2 yellow, and hogs provided lift to provision markets.
Des Moines July 15 Iowa corn condition on July 1 was 72 percent of normal signaling a 20 percent crop drop from last year with an indicated yield of 32 bushels per acre versus 40 last year and 45 in 1922. Oats yield 37 bushels with a total of 213,638,000 bushels, and U.S. crop prospects total 1.356 billion bushels.
Former Idaho senator Fred T. DuBois is appointed to the International Joint Commission at the White House. He will replace the late Marcus A. Smith of Arizona.
A fragment from a Des Moines piece shifts from a 19th century tale of Wan Lung a Chinese immigrant and Elsie James to a note on the Keokuk Des Moines railroad sale. It notes Wan Lung’s university background and social friction with Elsie’s family before returning to the laundry shop scene and a public foreclosure case involving New York bond holders and Rock Island.
Ottawa reports preliminary figures from the bureau of statistics showing the current Canadian wheat crop at 318,640,000 bushels, compared with 474,199,000 bushels the previous year.
In New Mexico six national forests cover about 0 500 000 acres collectively sharing the state with extensive timber lands and public forest resources.
The Carnegie Institution in Washington begins excavations at Chichen Itza in the Yucatan under Dr. Sylvanus G Morley to uncover temples, pyramids, and a vast city buried by jungle. A first modern map by J O Kilmarin aids the project as ten years of digging are planned amid seasonal rains.
Representatives from seven states Iowa Kansas Oklahoma Missouri Minnesota South Dakota and Nebraska met in Kansas City to protest reopening the Kansas grain rate case by the Interstate Commerce Commission. The dispute centers on proposed rate reductions for hay and grain shipments.
Des Moines July 15 The Farmers Union credit Corporation of Iowa launches with 500000 capital to finance growers and feeders of livestock. It will offer loans up to about 5 million and rediscount farmers notes with the Federal Land Bank tenfold. Officers are Milo Reno A B Cotterill and C D Satterfield.
The Kalona Independent School District and several others in Washington County Iowa announce budget estimates and public hearings on expenditures. Meetings occur July 22 to August 4 1924 at school buildings or secretary homes with taxpayers invited to speak for or against the proposed budgets.
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