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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Aug 16, 1921
Page
11
Chicago reports show wheat prices weakening due to light export demand and thin trade. September and December futures fell, with losses extending into corn and oats as large stocks remained in view and the market stayed soft.
Chicago price data shows No 2 hard wheat at 1.17 to 1.30 with various grades and futures levels across No 1 yellow and white. Sioux City livestock notes cattle receipts of 1,100 and hogs around 6,000 head with mixed prices and demand, plus Minneapolis and St Louis grain quotes and Waterloo market figures for flour oats and eggs.
Livestock receipts at St Joseph show 4,560 cattle, with steer prices around 8.20 to 9.85 and cows and calves weaker. Sheep receipts near 2,500, with lambs at 3.33 and steady market. Calves noted in some lots, overall activity described as mixed.
Aug 16 market notes show butter and cheese prices steady or lower with varied receipts. Live poultry prices range 21 to 32 cents for dressed birds, with eggs and butter receiving mixed quotes. Liberty bonds quoted at noon with several series listed, and Toledo seeds futures cited for cash and upcoming months.
A reader from Janeyville complains about Iowa road conditions noting rough surfaces, poor bridges, and inconsistent paving. The letter compares neighboring states Minnesota Illinois Missouri for road quality and taxes, argues for better use of state funds, and mentions parliamentary coalition cabinets in Britain.
Chicago market notes hogs 25 000 receipts holdover 12 336 quality fair top 10.85 overall cash near 16.76 bulk lights 10.25 10.75 packing sows 38.26 5.65. cattle 16 000 receipts choice steers and heifers steady others dull yearlings 10.75 heavies 20.50 beef steers 7.00 10.00 fat cattle 4.00 6.00 bulls and calves steady stocker feeders strong bulls 3.00 6.25. sheep steady with native lambs 10.00 western lambs 10.75 higher Montana lambs 6.26 feeder ewes 3.60.
Receipts and price ranges for cattle hogs and sheep shown across multiple markets. Beef and hog values vary with cattle yearlings steady to higher, hogs generally steady to slightly lower, sheep and lambs mixed with strong light lambs and top prices noted in spots.
Receipts at East St Louis: cattle 6000 with steers steady to higher on top grades. yearlings and heavy weights paid more. Hogs 9000 with price drops 12 to 41 cents. top 10.70. Sheep 3000, best lambs higher, shipper lambs up to 9.50, packers 8.25 to 8.75, culls 4.00 to 5.00. Pigs and canners lower. Stocks mixed by class.
New York stock market opened with renewed professional selling in speculative issues led by oils rubbers tobaccos and equipment shares. Notable declines included Mexican Petroleum United States Rubber first preferred United Retail Stores Sears Roebuck and International Harvester, while general gains were scarce and short sellers pressed prices across rails and industrials. Foreign exchange weakened and call money opened at 6 percent as prices for metals and commodities moved lower amid broad impairment.
Mayor J F Ralli of Cedar Rapids urged home rule for Iowa cities at the Iowa League of Municipalities convention in Sioux City. He praised the budget system, called for code revision, and recommended a league information bureau to aid smaller towns with utility rates and local governance.
George L. Hazen, part owner of Yenney & Hazen grocers at 1429 Third Street West, has bought out partner George L. Yenney and will run the business as George L. Hazen. The pair had been partners for five years since the firm started. Yenney’s future plans were not announced.
Communications to Editor Farm Department are invited from readers of the Evenley Courier and Reporter Waterloo Iowa. Address questions and comments to the editor at the newspaper office and use the phone number 3320 for contact.
Black Hawk county hosts a group of junior farmers from Tama and other counties guided by James Pendry to tour local Holstein Jersey and draft horse herds. Prof Glen A Bakkhum leading 14 boys in dairy cattle judging prep for state fair contests at Ames. Genevieve Southard leads Tama youths in judging, with other riders from Hudson La Porte City and Orange Center noted.
Cairo August 16 Col C R Newman chief of staff of the British army in Egypt was seriously injured when an airplane he rode in crashed late yesterday. The pilot was killed. Crimping of the hair is an very old invention. Even the ancient Romans losed crimping trons.
Iowa Farm Credit Corporation reports daily inquiries from Wisconsin, South Dakota, Minnesota, Oklahoma, Michigan, and as far as Pennsylvania and California. The group clarifies it is not a bank, plans first mortgage loans after a $1 million capital, with stock allotments of $10,000 per county and bankers distributing shares to farmers.
Iowa's highway commission reports over 5 million dollars in monthly road work across state, county, and township projects. Anson Marston notes 1.2 million in bills signed last week, with gravel, earth, and paved road construction extending statewide and plans totaling 20.9 million in road work since 1919.
More than 50 boys from the Black Hawk County Low and Litter club joined an educational tour arranged by county superintendent H. C. Moeller and county agent A. A. Burger. They visited Urbanside Farm J. R. Walker & Bros. and J. W. McCaffree farm to view Sensation bred Duroc Jerseys and other top sires. a Chester White boar on Shaulls farm and the Jones boar from Campbell & Walker were also highlighted. A camp for boys will run at the fair, with Cedar Valley Fair Association covering hog housing expenses during the stay.
Black Hawk County farmers are urged to bring fleeces to the Farm Bureau office or Cedar Falls Farmers Co-operative Elevator. Wool will be shipped to Chicago this week with options for warehouse receipts or payment in manufactured blankets.
Teachers College hosts an all county picnic on Wednesday led by Prof. F B Fuller director of this work. Activities include a museum tour library visit and college buildings view followed by Cedar Falls beach water fresh at noon and a picnic dinner on campus. Afternoon events feature motion pictures and a speech by H H Sceriey president of Teachers College.
Receipts from Chicago's Pageant of Progress totaled 795000 with expenses 440000, yielding a net revenue of 355090. The two week show drew an estimated 900000 visitors with average daily paid admissions around 5 100.
Black Hawk county farmers and wives filled township meetings as they resist disorganizers and back bureau projects. About 400 attendees heard speakers including L. Fisher and Chas Hearst from Cedar Falls and Cedar Rapids discuss the Iowa Farm Bureau aims.
Gov Kendall and Rep Towner report progress toward lower freight rates for farmers and shippers. The Interstate Commerce Commission hearing in Washington on grain rates continues this week as Iowa officials press reductions for grain export shipments and long-haul cattle moves.
Iowa report notes subsoil moisture boosts corn growth in west central counties while other areas show steady vigor. Rail transport of corn remains fair with potential for heavier movement next week, depending on rail car availability and prices to farmers. Cattle and hog shipments match last week as hog cholera rises in several locales. threshing nears completion except where rains slow progress and livestock condition remains strong. Labor supply is reported adequate with livestock thriving overall.
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