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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 01, 1921
Page
13
European market activity shows little vigor as British political news yields modest impact on wheat and corn. Trading remains local with fluctuating quotes and a late firm close, while oats and provisions follow the same cautious course amid mixed domestic signals.
New York on March 1 reports higher butter with creamery extras at 33c and several price bands for receipts and packing stock. Eggs and poultry markets show varied movement across regions, with mixed quotations and unsettled inventories.
Chicago market news shows killing stock cattle steady with hogs 25 to 35 cents higher. Cattle receipts near 10 000 with strong stockers and feeders, calves steady to firm, cows and heifers mixed. Hog receipts about 27 000 with lights and heavies showing varying activity and top around 10.85. Lambs and sheep receipts near 17 000 with market tending weak to steady and fat lambs trading around 20.25 to 10.75.
Receipts at East St. Louis and Kansas City show cattle and hogs steady to higher with selective top prices noted. Beef steers rise modestly, calves strong, and hogs gain, while hides markets trend uneven amid regional activity and mixed demand. Local totals include East St. Louis 4,600 head, Kansas City 8,000 cattle and 13,000 hogs, Omaha lighter, St. Joseph steady to firm.
The opening broadly fell, with Consolidated Gas gaining 2 3 percent on news the court allowed higher rates. Atlantic Gulf and Mexican Petroleum rose. many oils, steels, and chemicals eased. Rail shares tumbled, while American Weals benefited from a regular dividend.
United Press report notes sudden termination of the first sitting of the allied supreme council with German delegates causing bearish action on the New York Stock Exchange. Markets opened weak. U S Steel Baldwin Locomotive and Reading declined fractions while Consolidated Gas rose about two percent on opening.
A Commerce Department trade review shows January exports to Germany and Britain fell sharply from December levels while imports from Germany also dropped. Exports to France Italy Spain Brazil and other nations also declined. exports to Argentina and Canada rose modestly, with Cuba and Central America mixed.
Cold storage stocks of meats and lards in the United States on February 1 were about 250 million pounds lower than a year earlier. The Institute of American Meat Packers notes total stocks at 1,040,296,000 pounds, enough for about 19 days of national consumption if immediately usable. More than one third of stocks were in process of care and not available for immediate use.
One carload of wool in Chicago will be made into blankets with 160 percent virgin wool and 20 percent cotton. The Ames conference of county agents set production at 1,500 blankets priced $7.90 to $9 for double blankets. many farmers are discouraged and leaving the sheep business.
The American Farm Bureau Federation reports about 6 million pounds of pooled wools moved since the year began across several states including Ohio Michigan North Dakota Iowa Illinois Wisconsin Minnesota South Dakota Indiana and Kansas. Prices average roughly 40 percent of last year with quarter blood 20 to 28 cents per pound and three eighths blood 24 to 30 cents while fine staples run 33 to 40 cents and low quarter 20 to 23 cents. The price basis aligns with the value foreign wools could fetch in Boston. Fawcett heads wool pool operations noting tariff protection and stable foreign exchange are key to supporting domestic prices.
The American Legion plans a Friday night program at Memorial Hall featuring three four round bouts and two six round scraps with Ralph Alexander of Waterloo headlining as he faces two opponents in a 16 round feature. Music eats and smokes are listed as other attractions. A battle royal is also promised with five Oneida Street fighters competing.
A. F. Gates, president of the Waterloo Business College, received a pen sketch addressed to him by mail from E. M. Huntsinger of Valley View Pa. The drawing showed Gates on a setter with Waterloo Ia added, reflecting a 15 year friendship and suggesting the sketch came from an educational magazine. Gospel teams hosted by Mr and Mrs Harry T Fisher at their home in Waterloo drew 25 participants, with reports on work in Nashua La Porte City and over 1,060 people addressed at meetings last Sunday. Next Sunday teams will visit the It Hope and Maple Grove churches.
EB T Meredith and Henry C Wallace, Iowa agriculture leaders, urge a national policy to stabilize production and marketing, reduce price and credit barriers, and carry over surplus. They warn 1926 to 1919 income drop highlights need for fair freight rates and better credit for tenants, with Iowa as a model.
The executive committee of the American Farm Bureau federation unanimously backs the Seventeen plan. Gov. O H Shoup of Colorado joins the Farm Bureau. C H Gustafson invites agricultural editors to Chicago on March 2 to discuss the plan. Hoover donates 1 000 900 bushels of gift corn for European children with proceeds used to obtain needed grades.
Food experts at the Agriculture Department in Washington urge Americans to devote a larger share of food budgets to milk and dairy products. They say every growing child should have at least a quart of milk daily and note butterfat carries healthful vitamins.
W. G. Mason and family move to the Sam Hoover farm on Hudson road near Waterloo. He plans to expand his Ayrshire herd to 270 acres and may enter Poland China cattle later. His cattle include Prize winners and noted bulls from Bonnie Brae and Lily of Willowmoor lineage, with cows like Value's Pride of Oak Valley and Rosebud Nellie Carlton achieving high awards.
Woodbury County Farm Bureau directors meet to cut farmhand wages from 75 to 104 dollars monthly to about 49 dollars due to price declines. They warn tenants will be pinched and stress the necessity. Meetings planned monthly in townships and marketing issues reviewed. Farm A Machinery Repair Week praised for saving farmers money.
The article extols England’s prolific flower gardens year round, attributing the abundance to moist climate and a deep cultural affection for florals. It highlights women’s central role in garden tending and offers practical planting guidance for sweet peas, including soil depth and spacing.
Harrison township schools closed after funds ran out due to insufficient taxation. School commissioners decided the step at their Saturday meeting citing budget shortfalls and inability to pay teachers and maintenance.
The March jury list for the municipal court was drawn late yesterday featuring residents such as Jacob Jerdee 1214 Lincoln Motry 1226 Glenwood Herman Reed 600 Center William Amon 22 North Bur clay Co D Hndex 417 Allen Guy E Robbins 407 West Seventh Arthur A Roeder 315 Quincy Ben Nielsen 609 Columbia CG W Butten 617 Dogan EB Train 1093 Mulberry A F Hass W Lane 1612 Mulberry D Havessarch 214 Eineding Gus et 1927 Mulberry and Chester Cc Meyah Diehi among others.
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