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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Jan 22, 1921
Page
13
Chicago price action shows light wheat offerings with a late upturn driven by short covering and export houses hedging. Corn and oats moved modestly higher after opening with mixed demand while hogs lifted provisions and cash quotes for wheat and other grains varied across the Midwest markets including Omaha and Minneapolis.
Cattle market notes from Jan 22 show 1,000 head sale with beef steers mostly 50 to 75c lower than week ago, cows under 85.00, killing grades uneven, stockers and feeders 25 to 50c lower. Hogs receipts 7,000, 16c higher than yesterday, bulk 9.15 to 9.50, pigs weak. Sheep receipts 2,000, lambs and yearlings mixed with declines to 60c for yearlings.
East St Louis Al January 22 cattle and hogs market activity shows light trading with prices down across categories. Steers and heifers steady to 50c lower, cows and bulls 25 to 50c lower, hogs with limited sales and top lights around 9.55, bulk 9.50 to 9.75, pigs steady, and sheep mixed with lambs and yearlings 50c to 1.00 lower.
In St Joseph Mo on January 22, hogs receipts 1 360 with prices around 8 90 to 9 00 for bulk. cattle receipts 100 with steers 6 50 to 9 50 and cows 3 25 to 9 00. sheep none. market steady to slow with feeder cattle and veal prices listed. Cattle and hogs show varied demand and range of prices across categories.
New York reports receipts of 6 835 tubs and 12 126 cases with mixed prices for butter cheese and eggs. Butter weak, extras higher. cheese steady with mixed box prices. poultry steady to unchanged. Chicago notes similar dairy prices and poultry terms with creamery butter mostly 38 to 37 cents and fowls around 38 cents. Kansas City shows lower eyes and unchanged butter and poultry.
Bradstreets notes improvement yet irregularity in trade with wholesale gains offset by quiet retail amid mild winter weather. Manufacturing shows uneven progress across regions. big primary markets lead wholesale strength while the South lags due to cotton price reactions. Cotton futures opened barely steady with March at 16.30 dollars per unit and spot prices around 16.35.
Trading was quiet with a dull price tone on the New York Exchange as an abbreviated session opened. Grain rose while cotton faced pressure. the period saw tentative improvements in general business conditions but investors remained cautious amid unsettled sentiment and mixed signals.
A broad market opening saw declines in major issues including California and Mexican Petroleum, United Fruit, and General Electric. Rail stocks faltered with Reading leading losses, while oils and steel shares dropped. late day rallies lifted some groups as lawmakers eyed higher rates.
Severe declines dominate the Wheat market this week as rumors about Italy canceling US wheat contracts and potential Argentine export dynamics unsettle European demand. Brazil inquiries and six month credit fears buoyed and then cooled prices while corn and oats faced pressure from large receipts. Provisions sag alongside grains and hogs as markets test new lows.
The New York stock market opened soft with declines in industrials. U S Steel fell from 81 to 1, Republic slid, Crucible dipped, Baldwin weakened, Mexican Petroleum retreated, Pan American and Southern Pacific tumbled, while oils and independent steels faced heavy selling. By close, the market turned higher.
Hudson residents prepare for a three day institute starting Jan 20 featuring farm finance talks by Frank Miller and R J Vanderveer, farm perspective from Senator A L Aimes, and sessions on dairying soils and rural community issues. Women’s program includes cooking demos, pattern design, home decoration, and daily question box discussions.
The piece recounts the origins and growth of Black Hawk County Farm Bureau and its predecessor Crops Improvement association from 1913 to the present. It notes early funding, key leaders like Charles Bearst and A A Burger, home demonstration work, crop variety introductions, corn shows, seed testing, and club formations across the county, highlighting widespread farmer participation and ongoing county impact.
New York coffee prices steady with futures for March at 6.45 cents. Market notes indicate stable demand and minimal volatility for the session, reflecting steady trading and limited speculative activity.
Chicago markets report butter production above normal due to rising supplies. Danish butter imports from the Steamship Frederick VIII in New York and February shipments, with Danish quality generally higher than central creamery butter, urge producers to improve cream quality. Egg receipts rise in mild weather, poultry stock drawn down, prices largely steady. Money and exchange notes include mercantile paper rates and various currency demands.
Farmers rely on this page for closing stock market quotes and farm news. The Courier aggregates data from Associated Press and United Press to ensure comprehensive coverage and accuracy for readers needing timely information.
Public highways and bridges in Black Hawk County consumed about 475 900 dollars in 1920. Bridges and culverts accounted for 213 086.42 dollars across 169 structures, while roads received the rest. Despite heavy spending critics noted no paving occurred and some roads were only gravely surfaced.
Farm trials show acid and rock phosphate with manure improve yields on sandy soil. Government soil tests average 1425 to 1560 pounds per acre in top six inches, while soluble phosphate runs about 200 pounds. Recommend small strip trial with 250 pounds of acid phosphate per acre to test profitability, then consider rock phosphate as cheaper option.
Kossuth county tops Iowa Farm Bureau with 2,364 members in a recent drive, Ton county second at 2,224, and Black Hawk around 1,400. Milch cows average 75 dollars per head, work horses 120 to 160, corn 44 cents, oats 5 cents, hay 73.25, all reported from the J P Casey place north of Waterloo.
Purebred hogs sold to cornbelt breeders at an average of 3160 per head across seven leading Poland China litters. A Duroc Jersey sale in Algona saw 40 of 60 top hogs average 290, with a sow by Great Wonder I Am mating Pathmaster fetching 635 and another sale topping at 1050 for a single sow. Overall, several sales averaged near 200, and turnout exceeded three years.
The crowd consisted mainly of men new to the game. Reports suggest the bottom has not fallen out of the purebred hog market. There is still demand for good stock and far seeing farmers know there will always be buyers.
Seed dealers predict a clover boom as high grain prices push land toward clover. Red clover seed drops to about half last year’s price and higher quality. farmers plan larger acreages for soil benefits. Interest grows in sweet clover from Iowa State College studies, with most seed costs much cheaper this season.
In Waterloo Iowa residents call for clear milk standards and fair pricing. A local writer urges the city administration and milk inspector to address cleanliness, delivery reliability, and reasonable consumer prices. He invites farmers to weigh in on fair pricing and sanitary guarantees for milk sold to Waterloo customers.
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