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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Feb 26, 1924
Page
7
Waterloo Evening Courier invites readers to send questions and comments to the Editor Farm Department in Waterloo Iowa. Include address and phone number for replies and follow standard newspaper practice for letters to the editor.
Farmers and Independence business leaders met at the Commercial Club to guard prospective buyers from cow scalpers amid Iowa dairy expansion. Speakers urged buying from reliable sources, emphasized local knowledge, and warned about nonbreeding calves. Bankers pledged financing for sound purchases as the community gears up for a new condensery due May 1.
Des Moines reports from February 26 show American Farm Bureau figures on the effect of Pittsburgh Plus on farm machinery costs. Higher costs cited for implements like cultivators and harvesters, with freight and steel use highlighted as part of a broader tax on farmers. Officials say farmers add 25 to 30 million dollars yearly to the steel industry via unearned profits, fueling a campaign by Farm Bureau federations to oppose the policy as un-American and discriminatory.
Iowa Falls Creamery reports a 1523 financial year with over 2.5 million dollars in business. Butterfat purchases totaled 497,261 pounds yielding 597,227 pounds of butter. Output sales reached 206,227 dollars with 232,322 dollars paid to patrons after operating costs. W A Werrand, a former Amey athlete, is named president. J Kelsey treasurer. Wilbur Dreden secretary. Directors include W UW Boddy, William Halbrook, WLFL McCord, Gnas Nelson and W H Warner. FR Jones credited as key to the record.
Hardin county farmers negative debating team won against Sac county affirmative team in Eldora at the courthouse. Judges were District Judge Thompson Webster City Prof J C Cunningham Iowa State College and P F Piercy Iowa State Training School Eldora. Score 2 to 11 in favor of Hardin. The statewide 1923 1994 debate topic proposed that a Board of Assessment and Review County Assessor Local Budget Boards and State Duties Board should be provided.
Butler County Farm Bureau board met at the courthouse to discuss tuberculosis eradication and voted unanimously to launch an April campaign. County Agent Winegar, whose term expires April 1, was re elected for another year. A membership drive starts March 10 aiming for 100 Butler county members.
In Toledo Ohio on February 26 RB G Winders and Ed Lenhart held a Duroc Jersey sale that drew a good crowd and averaged about 25 dollars. Meria Gund er of Cale bought Lenhart’s top offering for 42 dollars while Winders’s son paid 47 dollars for his sire’s leading lot.
Des Moines, Pay 26. Secretary Cassady of the Iowa Department of Agriculture argues articles misrepresent farming profits in the Des Moines Register. He disputes $4,382 gross and $2,500 net on 160 acres, calculating investments, depreciation, taxes, and interest to show a much larger farm value and needed adjustments to reflect true returns. He asserts farmers deserve a fair return and laments widespread sympathy for agriculture.
Board of directors confirms Chadwick resumes leadership of the manufacturing department at Waterloo Dairy Plant after his prior months as Watering Co operative manager. They praise his performance and expect benefits to the plant, noting Yahnke recently took over the cooperative plant as manager. Washington Township reports visits by George Vance and family, no school district No. 2 this week due to teacher absence, and parish events with requests for pies.
New York and Chicago price notes across dairy and poultry items. Butter and creamery goods show varied quotes with receipts and packing stocks noted. poultry including turkeys and chickens listed with per unit prices. Chicago reports arrivals and firsts in dairy and meat sections, with Liberty bonds and currency exchanges also listed for context.
In wartime trading corn showed an upward bias amid new wheat downturns. Reports of farmers organizing to hold corn at a dollar a bushel attracted attention. May prices ranged to around 30% to 31. May and July futures traded with light demand yet steady interest. Wheat fell on Liverpool quotes while corn offered some support, with May closing near last highs and overall prices unsettled. Provisions lagged behind corn’s gains as the market closed steady.
Grain and provision quotations from Chicago New York Kansas City Minneapolis Toledo Milwaukee Peoria St Louis and Omaha. Wheat prices range from No 2 hard near 1.05 to 1.16 for May in New York while corn and rye show mixed levels and hay and oats quotations vary by market with several interior prices listed.
New York Keb 26 The Anaconda Copper Mining company today omitted the quarterly dividend due at this time. Three months ago 75 cents was paid. The action leaves investors awaiting further notice from the company.
Fires on roofs kept firefighters active with drills and exercise. At 10:05 a.m. a blaze threatened J. W. Shirley’s home at 227 Ricker. A second fire appeared at 1 p.m. at Mike George’s residence, 512 Ninth West, near Jay Ware.
Chicago recall notes hog receipts 28 000 with steady to lower bids topping at 7.30 while steers show uneven trade and cattle receipts 12 000 with fat steers at 10 0 and above. hogs move as light and medium weights quoted 7.25 to 7.40, sows 6 40 to 6 50, vealers up to 5 50, and sheep receipts 23 000 with strong wool markets and high lambs around 13 50.
The Kansas City livestock market shows receipts around 8,000 calves and 10,000 cattle with steers and yearlings reported steady to higher. Packers and shippers posted tops near 47 to 47.05 while bulk prices ranged 6.00 to 7.10 per hundredweight, lambs and ewes trading modestly higher.
Receipts and prices for cattle hogs and sheep across St Paul, Sioux City, East St Louis and St Joseph markets. Cattle7.4 to 14.0 per cwt varying by grade, hogs around 6.50 to 7.00, sheep 11.50 to 15.50 with strong legs noted in natives and western lambs. Representative sales and range figures provided by Lamson Bros. & Co.
Early trading showed even split in volume as investors pushed steel and chemical issues. American Smelting and Can, Locomotive, and Houston Oil edged higher while Coca Cola fell sharply. rail shares fluctuated and Norfolk & Western rose. Final sales listed many major names with uneven activity and bear support against standard issues.
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