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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Apr 02, 1921
Page
13
Chicago wheat futures moved from a sharp drop to a rally as export demand picked up for both new and old wheat. May and July contracts closed with modest gains amid overall grain weakness, while corn and oats followed the grain market's uneasy trend with scattered price moves across major Midwest exchanges.
New York reports higher butter receipts with large creamery stock and mixed firsts prices. Chicago notes unchanged poultry and steady cheese, while Kansas City shows butter and eggs unchanged and poultry rising slightly. A final line mentions Crimson winning color relevance for medieval bridal attire.
Livestock reports from Chicago and East St Louis show cattle receipts steady to lower with declines in veal calves and heavy beef stock. Hogs fall 10 to 15 cents. weights 200 pounds and up bring $9.75 to $10.16 top, while light and medium hogs trade around $10.25 and down. Sheep and lambs mix. yearlings and aged sheep down 25 to 50 cents, lambs generally 50 cents lower.
Kansas City bids lower on beef cattle with mixed results for fat cattle and vealers as receipts rise. Sioux City reports cattle and hogs mixed. prices show small declines and steady sheep. St Joseph notes lighter hog demand with top around 9.55 and calves and cows varying in price. Market totals include 1,000 sheep in weekly tally and 2,30 hogs in Sioux City.
The Associated Press notes a broad drop in grain and provision futures led by winter wheat forecasts, with wheat down about 6 percent and corn and oats also lower. Despite tight visible wheat supplies, bearish sentiment grew on cool weather, expected larger winter crop yields, and European instability. Provisions also fell, mirroring grain softness as stocks remain high and hog prices slip.
The stock market opened with irregular moves. Notable action included Pennsylvania Diving to a new low, and Athlectic Gulf and other leaders retreating or holding. International Harvester rose nearly 3 points while Texas and Mexico fell sharply. total volume around 250,000 shares.
The New York Sun reports a subdued stock market with few price changes in the short session. Trading lacked snap and vigor as many investors stayed away for an extended weekend, and new issue activity was hard to read. Foreign exchange moves were narrow and overall market character remained dull.
A marketing review shows larger supplies of eggs depressing prices in producing and consuming centers. The USDA reports 67 cases stored in Chicago New York Boston and Philadelphia on March 30 1921 with total US storage expected over 1 000 960 cases on April 1 compared with 323 722 cases a year earlier. Butter prices steady despite carry in Denmark imports while demand remains strong. Sugar markets in New York show Hawk quiet with refined sugars unchanged.
Iowa women report strong poultry results with several fields boasting notable egg and chick sales. In Waterloo Mrs. Mary H Schermerhorn produced 22 eggs per bird for March from four hens, while others like Mrs Randell, Mrs Heathman, and Mrs Kuhn posted substantial year totals from flocks ranging 150 to 225 hens.
Fragmentary data shows cotton futures activity in New York with references to April 2 and several contract months including July and December. The readable parts mention price figures and market notes but lack a clear narrative or complete figures.
Seemingly random figures for seed prices and dates listed as Toledo GC data include figures like cash aid nine dollars sixty and several monthly references. The fragmentary entry cites years from 1939 to 1920 and amounts such as 12.90 9.60 22.50 2.80 2565, indicating a ledger or catalog with historic price notes.
Sparks from an I C engine set grass afire in the 1400 block of Lafayette Street yesterday after noon and firefighters were called to extinguish it. A second grass fire occurred in the 409 block of Conger Street.
FURR Priors 1374 Bronson Insurance advertisement repeats. Marriage licenses show Llord F Williams Mation .29 and F Edward Mar Waterloo .21 with Louise G Prusing Waterino .2f1.
W F Parrott secretary of the Iowa Jersey club notes within an 11 mile radius of Waterloo there are 11 Jersey herds totaling 309 registered cows valued at about 75000 dollars. Parrott toured the herds this week and says the public will be surprised by the number and value of cows found nearby.
Representatives from grain producing states attend the Chicago meeting to ratify a proposed Grain Marketing Plan. It envisions bonded warehouses, market stability, and a national sales agency with finance and data services to support farmers from Kansas to Ohio.
The 101 farms cover 11 137 acres of cultivable land in Washington township, a six by three mile area with small tracts. Notable properties include Churlis Ford estate 372 acres Riley R Ford 480 and Chris Erickson 248. Cattle 346 cows 227 horses 63 sheep two mules. Wolves and foxes once troubled young livestock. Sidney M Shafer notes 41 automobiles seventeen homes with furnace heat seven with baths four lit by electricity.
Six soil demonstrations in Kossuth County, led by Prof. J. B. Warner from the Iowa State College station, will discuss soil acidity and related problems. Farm Bureau cooperation, samples from participating farms to be tested, and notes on pig raising and oats farming accompany the meetings.
West, a 160 acre farmer near Waterloo, argues against planting before danger from late frosts passes. He focuses on a long season and pig breeding, farrowing 34 pigs from four sows already, plus nine more to farrow, and plans to specialize in Poland China hogs. He runs grade dairy cows and praises them as top money makers, while housing pigs in a well ventilated swine barn.
April 2 report announces formation of the Farmers Federal Tax League of America to oppose the federal sales tax. Eugene Frey Sr. of Argyle, secretary and treasurer, and George F. Comings, former Wisconsin lieutenant governor, lead the group. Frey says powerful interests seek to shift taxation onto farmers and urges organized farm opposition.
In response to farmers in Buchanan County Roy T. Lee, county agent, has arranged for IL Nem mers, an orchard specialist, to prune trees and regenerate orchards for a month. A charge of 10 cents per tree helps defray expenses while he assists about 80 days in the county.
Ta April 2 Three loads of stock were shipped to the Chicago market by E. H. Vajnar of Tama county this week. One load of 1451 pound Herefords sold for 9.60 and a load of Hereford yearlings brought 9.00. He also had a load of hogs averaging 340 pounds that brought 8.75.
Dr. W F Y Spry of Waterloo operates a 50 acre Geneva dairy farm while preaching across Iowa. He built a small Jersey herd including registered stock from Shoemaker's Wa Leron Jersey Farm and plans to modernize his facilities. His one man operation aims for profit with 10 milking cows, proving a preacher can succeed as a dairyman.
Charlea Jackson a Winne s hiek County farmer urges farmers to invest prudently in farm lands and rural mortgages rather than chasing speculative blue sky investments. He recalls higher wartime prices and argues prewar years were more prosperous for farmers. Jackson spoke while en route to Des Moines and stopping in Waterloo to note the city’s progress.
Special representatives from the local experiment station are expected to attend the Farm Bureau meeting in Sumner township on April 12, as announced from Sumner, Louisiana.
Vinton Iowa April 2 five local persons sue in district court to recover $25 000 invested in oil stocks. The suits name the agent who sold the stock and a local man who accompanied him as defendants. Each plaintiff invested funds under the ad claim Made to Make Good.
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