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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Aug 23, 1920
Page
3
Fractured classified notices show dozens of job ads and solicitations from Waterloo area employers. Positions range from bookkeepers and clerks to laborers, drivers, and hotel staff, with pay hints and varying hours. Many entries specify experience, age, and location, reflecting a bustling but chaotic labor market.
The report summarizes mixed grain receipts and prices from Peoria Minneapolis and St. Louis with figures on wheat corn oats and potatoes. It notes August market activity including wheat receipts of 244 cars versus 1,193 last year and various No. 1 and No. 2 grade prices. It also covers sugar prices and breakfast items, plus cattle and hog ranges and weekly food index shifts.
Chicago August 23 Wheat opened lower amid lack of support, trading down then rallying briefly before continuing to fall. December futures closed about 4 cents under the prior session, while March slipped as demand faded and corn weakness persisted. May corn futures opened lower as selling capped gains, with September modestly firmer on scattered buying. Weather was cool, adding little support to a bearish pit sentiment.
The stock market opened irregular as abroad advisories offset by last week's clearing house reserves, with modest gains for Royal Dutch and Mexican Petroleum and notable strength in Wisconsin Central among rails. A broad reaction followed due to losses across tires, leather, oil, and tobacco sectors, leaving only Replogle and Vanadium showing pool-backed strength. call money opened moderate with heavy weekly fund withdrawals.
Chicago market summary shows cattle receipts at 21 000 with choice steers and yearlings up to 5 cents, cows and calves mixed, hogs 33 000 with prices mostly 10 to 15 cents lower, top hogs at 15.75 and feeders steady. Sheep receipts 23 000, fat lambs higher to 12.25, western activity slow, feeder lambs up.
Receipts 2,000. light to steady trade. Prices for cattle and calves mixed with feeders and grass cattle listed. Buyers showed cautious demand as markets reflected variability in steers, cows, heifers, canners, and feeding lot offerings with several price ranges noted.
Receipts large and prices mixed across cattle hogs and sheep. Cattle firm for best heavies around 18 dollars with calves steady to strong and best feeders steady. Hogs decline with top around 15.10 while mid sizes hold near 14.50 to 15.10. Sheep steady with fat lambs and feeding lambs showing strength amid uncertain demand.
Cattle receipts 15,500 with beef and butcher cattle lower amid weaker market. Sheep receipts 33,000 with high killings early. fat stock steady to higher as feeding lambs show gains. Ongoing issues include oats prices at $14.88 and 13.00 to 14.2 for stock and packing grades.
St Joseph Mo August 22 hogs receipts 4 000 steady to 10c lower bulk 14.10 to 15.13 cattle receipts 2 000 slow several prices noted cattle calves and cows mixed figures sheep receipts 3 500 with lambs and ewes showing gains around 11.00 to 12.50 per head top values and general market tone recorded for hogs cattle and sheep in today’s market report
Des Moines reports John Cavanagh, receiver for Associated Packing, won the morning hearing before Judge Edward McCall of Nevada. The judge said the plaintiffs must show the feasibility of their 65 35 reorganization plan or prove Cavanagh unsuitable and seek his removal.
Cotton futures opened easy with October at 27.70 and December 26.40, December 25, January 25.07 and March 25.07. Spot middling cotton at 32.50. Futures later eased with October 25, December 24.80, January 23.87 and May 25.70. London silver quoted at 0% per ounce money rate.
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