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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 05, 1921
Page
15
Wheat slipped under pressure from commission houses on March 5 as profit taking hit the market. May and March prices fell, corn followed with outsized declines, oats mirrored the trend, and hogs prompted lower provisions as the day closed near the day’s lows.
European political tension and Harding's inaugural speech buoy grain and provision markets this week. Wheat, corn, oats and live hogs rallied on export demand and drought/ pests fears, while butter and poultry prices moved higher in major centers.
Beefs steady to 50e higher from week. Hogs receipts 9,000, top 11.00. sows 0-25c lower. Sheep 7,000 mostly packer direct, prices not established vs week. East St. Louis: cattle steady to 25c higher. hogs dull, tops 10.75, heavies 9.75-14.00. No market for sheep today.
Kansas City Livestock reports a week of mixed changes with beef steers higher and calves steady to up to 50 cents, stockers and feeders up 30 to 75 cents, canners and cows mostly up around 2 dollars, hogs steady with most sales between 9.59 and 10.00, and sheep and yearlings steady with top lambs down about 14 dollars per head.
Omaha stockyard reports receipts around 10,000 with light butchers down. cattle steady to higher with beef steers up to 10.00 and stockers and feeders up. sheep and lambs show lower values. Sioux City market lists 3,800 cattle and 5,500 hogs with mixed shifts. heavy hogs weaker, lights and mediums around 9.25 to 10.50, cows and heifers 2.50 to 4.50 for cows. sheep nominal.
St Joseph Mo March 5 hog receipts about 2000 with bulk price near 2.25. Cattle receipts 200 with golden cows and heifers around 8.25 to 6.09. Sheep receipts none lambs near 9.00 to 10.00 while ewes bring about 5.00 to 3.75.
New York March 5 stock trading starts quiet with narrow moves. Short covering lifts many issues led by Atlantic Gulf and Rend Jim. Large advances in Mercantile Marine preferred and Lehigh Valley amid heavy listings. Rails firm and overall volume dull. 151000 shares traded as only scattered movers sustain early strength.
The Evening Sun notes a dull stock market with little news or clear direction. Government war bonds faced pressure while cotton stayed steady and grains edged lower. overall prices held near Friday levels amid irregular trade signals. Bradstreet signals mixed views on trade and industry, noting optimism in apparel and food sectors but weakness in base industries like iron and steel. Weekly bank clearings totaled 457,398,000.
From Morey and Exchange New York on March 5 merchants note irregular demand and quotes for major currencies and bonds. Rates include dollars per franc and lire, with cables and bids listed for francs, guilders, marks, and Argentine and Brazilian currencies, plus Montreal government bonds and rail bonds showing steady or irregular discounts.
New York reports show creamery butter firmer with receipts of 5 006 pounds and higher than extras at 5242 ices. No 2 butter 21 892 cases resh gathered. cheese firmer with 2 583 boxes and whole milk fats specials, average run 269 ac. poultry live steady. Chicago notes butter lower to 44 48 and 43 c. eggs 20 695 cases at 11 c at mark. fowls unsettled. Sutter unchanged.
A Wednesday evening meeting at Emmanuel Evangelical church approved uniting the two La Porte City congregations. W. C. B. Stauflacker Cedar Rapids and Rev. L. W. Bock Waterloo presided as elders announced a unanimous vote to merge and worship as one body with a single pastor after annual conferences. Local notices report social events, obituaries, and visits across Parkersburg Waterloo and surrounding towns.
New York quotes on Liberty bonds with First and Second 4s and 4s Victory issues. In Gilbertville and Tripoli area reports, obituaries, visitors, and farm show notes. Standard Oil tanker deliveries and church services also mentioned amid varied local items and advertising remarks.
New York March 5 Chandler led early trading on the New York Stock Exchange with a bright open and a new high as prospects of a revived automobile industry fueled gains. Ford rumors circulated that refinancing would be unnecessary, while other stocks such as Avantic Gulf Mexican Petroleum and Crucible showed mixed moves amid an irregular close.
In New York on March 5 cot ton futures opened steady with Mar on at 11.16 and Mar at 11.70. July trades around 12.005 with October 12.54 and December 32.78. Spot market shows middling price at 11.40.
Des Moines March 5 The state board of control aims to realize about 400 per acre for the Knoxville farm and 300 per acre for the Des Moines Flynn farm, totaling around 234300 for 782% acres. Proceeds from prison factory profits and other sales will bolster the state treasury, with a farm near Anamosa bought for 62600 as a future prison farm. Farm Bureau officials and experts will speak at a quarterly conference in the state house Tuesday.
Floyd county prepares its thirty second annual institute at Rockford March 8 9 with local and from outside speakers including A L Middleton of Seventeen Eagle Grove Macy Campbell Cedar Falls B W McDonald Miss Florence Imlay and C H Smith Ames extension. Cash prizes offered for corn oats rye barley potatoes timothy clover seed soybeans and silage. Women have a dedicated session Wednesday afternoon with talks on curing meats purebred dress and dairy products as food. Additional discussions cover alfalfa soybeans sweet clover corn variety tests grain pasture improvement and rural road costs. Evening talks feature county farm bureau president Loran W Inman consolidation of schools and rural health topics with music interludes.
Osage la March 5 John McI lSweney Jr. was seriously injured when thrown from a buggy as horses bolted. His head struck a fence post on alighting causing a long gash and 15 stitches. Dex Moines representative will speak on the association's war work tomorrow in M. e. Congregational and Baptist churches. Frank Coungell died suddenly in Kansas City this week after medical care and an operation.
A long local feature extols Tilly the Holstein bred near Waterloo Iowa. It notes she produced over 33 000 pounds of milk in a year and 120 000 pounds in four years, valued at about 100 000 in dividends to owner A W Morris who paid 300 for her as a calf. It contrasts Iowa’s dairy prowess with California and praises Iowa origins for champion livestock and apples.
Oelwein notices plan for $150,000 in repairs and improvements as Great Western undertakes minor upgrades. The days saw local events including a smallpox quarantine on Nortis Frederick Street, a school PTA meeting, and a theater operetta rehearsed by Oelwein High School members.
Dumont and surrounding towns report visitors and departures, including Jacob Maltz RYAY and Carl leckwruder in town, Mrs. Charlot Nolte visiting relatives, Rev. George Cawoell of Evangelied church at Sumner, and Miss Wava Wilton wedding Clair Shadwell in Huntington W Va. Nearby Dunkerton, Janesville, Fredericksburg, Jesup, and Manchester cover moves, funerals, school events, and community meetings with smallpox closures, PTA plans, and local marriages noted.
March 4 at the high school auditorium featured local talent Tucatey and a packed house. The program included music and vaudeville numbers with praise for the cast, run receipts near 380. Several locals and relatives were noted visiting family in Des Moines and Cedar Falls, with birthdays and hospital duties mentioned among residents.
Aplington called out a flurry of local updates including illness of Charles Stockdale, Mrs. Van Gerpen returning from Earlville, and Gertrude Sherman given a miscellaneous shower. Presbyterian Ladies Aid elected officers, with L Gerhardt president and Barber as treasurer. Families J Hunter, Fred Neumeyer, Junker, Loomis, Layerka, Ontjes, Ontja Meyer, Inman, Sessier, and Nabor reported moving or visiting, along with property purchases and a newborn girl for the Ontjes couple.
Allison Ia March 6 At a Butler County Farm Bureau meeting F R Wineger of Fayette county was hired as county agent at 2000 yearly salary He comes recommended from Fayette where he served as assistant county agent and he owns 240 acres He will start April 1 The county belt association reported debt payoff and a strong fall fair receipts ONeill Grain's B L ONeill bought the Eleanor elevator and will keep Allison Elevator in operation with a replacement in Eleanor
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