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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 10, 1921
Page
15
Chicago reports mild wheat price gains as southern crop worries and rising export demand push cash and futures higher. Traders note small Western offerings and tight seaboard movement, with mixed moves across corn oats and provisions amid volatility.
New York and Chicago market briefs show mixed butter and egg prices with unsettled receipts. Poultry and live cattle prices vary by region while metals and agricultural goods quote varying spot and futures levels.
New York stocks opened with renewed pressure on high grade rails as widespread wage revision fears prompted selling across rail issues. Major rail names including Great Northern Canadian Pacific Union Pacific Delaware & Hudson Norfolk Southern St Paul and St Louis Southwestern lost 1 to 2 percent, with other industrials such as Republic United States Steel Anaconda Copper and Leary Roebuck also slipping. Oils showed strength as London exchange rose while money remained around 7 percent, signaling shifting market tone.
Waterloo bank clearings for the week ending March 10 1921 totaled 3 427 723 02 Friday to Thursday figures rise and fall against prior years Deeds instruments and other notes show week ending March 9 1923 with 321 1 1 seeee B2RATAIE. Jesup IA reports local social and business updates including funerals births weddings and community events with names of residents and visiting relatives.
Cattle receipts 19,000 calves 50c higher while hogs rise 10-25c and sheep steady to strong. Chicago prices show top cattle around 10.35, hogs near 31.25 for 200 pounds, calves and stockers quoted between 7.75 and 12.00, several categories noted as steady or higher. East St Louis activity reports top cattle 9.50, veal at 11.25, heifer and bull movements steady, packers steady on hogs and sheep with varied quotes.
Kansas City market report shows cattle steady to 25 cents higher with top yearlings strong near 9.65 to 9.60 for heavy steers. Cows and heifers command 3.00 to 3.50 with feeders and bulls active. Hogs receipts around 6,000, 165 pound shippers near 10.90, lambs and sheep up about 25 cents with ewes at 6.00 and 83 pound lambs at 10.25.
Receipts total about 2,200 cattle and hogs with slow to steady demand, prices mixed across categories. Omaha and St Louis markets report hogs largely steady to slightly higher, cattle mostly steady with some declines, and lambs or sheep showing strength in several categories amid regional activity.
Herman i Schuldt of Benton county Iowa says feeder steers are shrinking locally and predicts future supply may come from outside areas. He notes a marked drop in herds after last fall when a trainload of 40 cars delivered. He cites farmers preferring grain farming over calf raising and short leases limiting cattle production.
A historic editorial from The xg. T. Leavitt office urges honoring farmers and acknowledges their labor as vital to the nation, invoking Thomas Jefferson to emphasize the value of agricultural work and enduring public respect.
New York March 10. The National City Bank notes a rapid postwar drop in United States farm animal numbers and values. Swine fall from 74,586,000 to 66,649,000. cattle from 45,985,000 to 42,870,000. sheep from 48,966,000 to 45,067,000. Total value of cattle sheep and swine declines from 6.039 billion to 3.994 billion. Per capita values plunge, with horses and mules also down as machinery replaces animal labor.
Poland China sows brought 80 to 127 dollars per head at the M. J. Magee farm sale near Dunkerton on March and March . Horses sold 150 to 250 dollars with two year old geldings and mares at 50 to 60 dollars. Cows averaged about 80 dollars per head. A large crowd attended as Mec Dowga conducted the sale at Calcutta a couple was married in an airplane with 6 000 feet of altitude while the engine was off and a clergyman read the service.
The article emphasizes the value of a well planned garden with adequate space for cultivation. It advises spacing rows for hoe access, avoiding crowded plantings, and situating tall crops north for sun and windbreaks from trees or buildings. It notes using printed plans as working bases and tailoring to local conditions.
Packers argue the price gap between what farmers get and what consumers pay stems from plunging byproduct values and higher wages. They note cattle byproducts fell from a net $35 in 1919 to under $10 per head, urging about $5 more per hundredweight for beef to balance losses while live cattle prices fall.
R. S. Herrick state secretary of the Iowa Fruit Growers association told local apple growers that this year should bring good profits as eastern crops are strong and western express costs rise. He urged spraying for those who have neglected it and noted Washington express box charges near 1.11 per two boxes, barrels for western fruit up to 1.50, up fivefold in three years. He invited growers to join the association for bulk material savings.
A.A. Burger advocates widespread Jowar Oats adoption with a push for planting in every township of Black Hawk county. Reports show higher yields compared to Iowa 308 and 193 varieties, with several farms recording notable gains despite hail and poor soil. Local efforts include Farm Bureau outreach and a Chamber of Commerce hospital committee.
La Porte City reports enumerate social events at homes of Mrs Lynn and Mrs Kane with 28 members. Prizes awarded at a party hosted by Mrs Myre. The What Next club met at Mrs Cecil Gates home for a luncheon and fancywork. Nearby, Mr and Mrs Vale Jace Wranilin hosted relatives for a birthday meal. Neighbors celebrated Mr Gravenhorst’s birthday with a farm visit and dinner. Knights of Pythias members visited Narclissus lodge in Jesup for a social evening. The Good Cheer Club held a Wednesday parlor meeting with refreshments. Raymond Basil marked his fourteenth birthday with friends at Miss Arminta Simmons’s home. Ladies Mite Society conducted its annual meeting at the Presbyterian church with officer elections. Iris Temple Pythian Sisters scheduled a Friday meeting with a covered-dish supper and initiation. Bert Horner of Davenport joined Lehman & Klock hardware in La Porte City.
Will Witter appeared Wednesday evening and the Gelwein firm bound over to the district court on a liquor charge. The case proceeds to formal arraignment and potential trial in the next session.
The small daughter of Dr. and Mrs. C. C. Grittin of Ninton died after a brief illness. She was nearly two, fell from a chair and convulsed, dying after long effort by her parents. Survived by parents and one brother. Also notes on local civic posts, court sessions, creditors’ actions, and hospital updates.
Oelwein resident C. W. Packwood received a patent for an automatic railway crossing gate. The device is train controlled and closes gates while displaying warning signals, aimed at preventing vehicle accidents in all weather. Election officers were chosen in Oelwein with listed officers and a salary raise for the mayor and street commissioner approved. Police seized a keg and jugs at a residence, triggering a county attorney call.
In Delaware County the Nieman herd leads the association with the high milk yield nine tows 1.44 percent milk and 44.8 pounds butter fat. D Y Schnittjer places second with 12 cows Porter third with a 16 head herd. Court opens next term March 14 with Judge Wood presiding. Jury list includes Adam Schailer Earlville and others.
Friends of Mr. and Mrs. F. R. Bord gathered their home on Friday evening to celebrate their twenty fifth wedding anniversary. Mire Clayton Losee is visiting her sister Mrs. Coulter in New York. Mr. and Mrs. Henry Davis of Janesville visited recently. Miss Dorothy Smith, a Carr teacher, is home for a week. L Potter and grandsons Elmer and Melvin Bray visited relatives in Waterloo from Sunday to Thursday. Oscar Jundénberg and family visited Waverly Thursday. Fred Pi brought his family to the Lundberg residence. WV Jackson school closes for two weeks. Mr. and Mrs. George Tiggeman are visiting their daughter in Waterloo.
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