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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Dec 31, 1927
Page
11
Oscar G Mayer of the Institute of American Meat Packers reports 1927 U S meat production and consumption nearly steady with exports down about 50 million dollars from 1925. Beef and lamb declines offset by pork gains. pork prices fell to a three year low while beef rose.
West Union Illinois December 31. A Fayette county horse breaking demonstration staged by Harry Linn of the Iowa Horse and Mule Breeders association attracts public attention. Linn stresses kindness and understanding of horse psychology to gain trust and prevent fear while breaking. Demonstrations across counties aim to spur purchases of good young stock and hold value as they mature.
Oelwein Shipping association re elected officers and directors with Fred Bahe chosen to replace Fred Ross. Manager John Reeser reported similar hog consignor totals as last year though prices and feed shortages cut gains. Financials show 7 877 head and 1 655 344 pounds shipped for net 143 395.46 and market net 147 444.88 with expenses and small on hand balance.
Des Moines Dre 21 1). Mark G Thornbury secretary of agriculture recommends fed accreditation as modified or credited areas for bovine tuberculosis eradication work. Counties join eleven others with herd infection below 1 percent, enabling cattle shipments to clean counties or other states without retests. Milk supply in Woodbury and Page counties remains from disease-free cows. Farmers face fewer losses from tuberculosis and healthy animals avoid exposure through contact. Premiums of 10 cents per 300 are paid by packers for cattle grown and fed in clean counties across 37 counties.
Readers invite questions and comments directed to the Farm Department at the Water Cooler section of the Waterloo Evening Courier. Address communications to the paper and use the given phone number for contact.
County Agent J Uban reports bacterial wilt found in some alfalfa fields in Black Hawk county with symptoms such as wilting and pale foliage. Plowing under infected fields and reseeding are advised while ISU plant pathology studies broaden surveys across Iowa.
Ames Iowa December reports the 4 H club short course events with north south group contests at the gym and various demonstrations. Leaders from Wisconsin and Ames university gave talks on Europe livestock and farming topics while participants toured dairy farms and judging pavilions.
Sumner Ta December 31 Sumner Creamery reports butterfat purchases for the year ending May 108 650 pounds of butterfat at 22 cents per pound average. Butterfat in milk 160 082 48 pounds and in cream 180 384 49 pounds. Butter shipped 347 261 pounds stores 32 880 pounds patrons sales 2300+ pounds. Overrun 20.7 percent. Manufacturing cost per pound 4.3 cents. Mining expense 9 764 10 dollars. Buttermilk sales to Henry Kunief Otto Priebe and Joe Primus 762 dollars. Officers for next year: President Frank Ambrose. Vice President Ora Aubrey. Treasurer Bank of Sumner. Secretary George Wescott. Directors Art Meyerhoff Henry Blume Charles Tu...'
Iowa City and nearby towns contest at the Town Poultry Show connected with the Johnson County event. Dr. WL 4 Pinte of Springville wins the Governor Jodi Hammich cup for best play among 35 partridge racks. Thirty three of Pirte’s birds win ribbons as about eighteen hundred birds are displayed in the new university field house with Canada and several states represented. The show closes tomorrow.
Reports from Floyd County Farm Bureau reveal replies to 17 charges against the county agent. Officials and others publish responses, with some comments from PF HL Behne. Documents reference bureau office books and state pay comparisons, noting the agent’s pay and membership concerns. The matter centers on governance and conduct within the county bureau.
The Benson Creamery annual meeting is set for Monday at noon at the Batwin plant on the paved highway west of the town. Directors Nels Olesen and Harry Jorgensen will expire. several business items are on the agenda.
Market recap shows receipts around 323000 with calves at 250 and 300, hogs cattle and sheep mixed. Steers and heifers strong, fat yearlings at 10.60 to 12.00, cows and bulls varied, demand wide with top cattle around 1.200 pounds and hogs improving. Ewes and lambs noted, with prices listed for various classes.
Chicago wired reports indicate rising wheat prices on firmer Liverpool quotes and strong export demand. Market notes describe firm corn and provisions, with limited cash sales due to storms and light arrivals.
Chicago market notes show wheat No 1 hard at 1.26, corn varied by grade from 4 to 8. asterisks. oats quoted 65 to 65 percent. barley 0 67 to 0.92. timothy seed 3.00 to 3.75. cloverseed 23.00 to 39.25. lard 11.55, ribs 10.75, bells 22.00.
Chicago hogs held generally firm with most prices steady to up modestly. Heavy weight hogs ranged around 8.50 to 8.80 with top near 9.88, while light and packing hogs moved in the 7.50 to 8.50 area. Cattle and sheep trading was nominal with light gains on heavy steers and cows, and fat lambs uneven though mostly steady. A clear weekly clearing house deficit of 51.65 million was reported in New York banking data.
Speculators maintained control as prices rose in the year end stock market. Heavy volume around a pre holiday session, with gains of 1 to 5 points amid broad advances in rails and industrials. Notable climbers included Southwestern, Cerro de Pasco, General Motors, Chrysler, and Packard, while Youngstown Sheets & Tube declined. Total volume about 1.3 million shares.
Kansas City market receipts show hogs steady with top prices around 8.50 per hundredweight and mixed cattle and veal demand. stockers and feeders higher, with steers and cows trading in the 9 to 14 dollar range. Sioux City cattle and hogs show higher week-over-week, with calves and veal steady to higher, hogs up around 1.54 to 2.00, and lambs weaker. wheat and corn futures mixed on regional exchanges and country grain prices noted.
In New York and Chicago the market shows steady butter and firm eggs with varied receipts for dairy products and poultry. Butter and eggs list multiple grades with current prices, while cheese and turkey markets note steady to firm movement, with regional price ranges and receipts across markets in New York Chicago and Kansas City.
New York December 41 The bond market opened quiet with traders reluctant to commit while week offerings totaled 61 million dollars. Easy money rates supported a firm undertone and prices hovered near 1927 peak levels. Listed market activity was sporadic with Consolidated Gas and Bethlehem Steel names trading lightly. copper issues drew little attention and rail bonds remained steady. Foreign bonds saw light dealing and government department issues showed some activity.
The 1927 curb market expands with membership price rising to 7,000 from 3,30,000, and total membership value around 3,830,000. New issues admitted today reach 50, record. Slacks bonds totals and shares surpass 800,060,000 par value. Daily trading averages rise to nearly 5000 per day from 360 in 1926. Foreign bankers seek associate membership under a constitutional amendment. Ticket service extends to 10 eastern cities and to Montreal.
Chicago reports toward end of year 1928 sees southern hemisphere wheat movement boosting European breadstuffs demand. Wheat prices rise about 8 cents per bushel from a week ago while corn trends irregular, oats drop, and provisions vary. Analysts foresee stronger Atlantic wheat demand if export volumes rise, with European and Canadian yields noted. US supply remains steadier for hogs with eastbound shipments boosted.
Ghicavo reports December data indicating reduced storage butter surpluses and a notable rise in demand. Dealers note fairly satisfactory butter quality, with few fancy grades left in freezers. Some users may switch to fresh foods, potentially tightening the fresh market and prompting price gains if new butter output expands. Production appears to be increasing with more factories on whole milk areas expanding shipments.
The Peoria livestock desk shows receipts and top weights with totals around 8,300 and 6.19 packers bids in dollars, while the Omaha grain market lists prices for No 1 hard wheat at 1.25 and No 2 hard at 1.41, with various corn and oats figures across white and yellow categories. Additional bond listings appear for Liberty issues with quoted values around 103.15 and 100.92.
In Westchester County north of New York, a large bull moose and two cow moose were seen by WHI Specht near Pound Ridge while driving on Ridgefield road. A passing hay wagon dropped hay attracting them, then they moved into Pound Ridge county park. A young deer joined the group as they wandered toward the park.
An old time pest control ad touts Meyers Red Fox Poison Kernels for rats. It promises ready to use, no fuss action at 35 cents and notes Zhu rat drug stores as outlets.
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