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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 14, 1921
Page
9
Chicago and other grain markets show nervous trading as wheat prices drop under selling pressure from shorts and bear factors. May futures ease from early highs while corn and oats follow wheat’s trend as receipts and local demand shape prices across multiple Midwest markets.
New York reports the weekly food index at 534.15 for 31 staple items, with declines and gains across categories. Also noted are currency exchange levels, Liberty Bond prices, raw and refined sugar rates, cotton futures, potatoes, and seed oil markets, alongside obituaries and miscellaneous commodity listings.
Chicago market notes cattle mostly off with bulk steers 5.25 to 6.25, calves around 5, hogs up about 10 to 15 cents with 260 lb pigs at 12.50, 220 lb hogs at 10.86, stockers steady while sheep and lambs see limited early activity with fat lambs near 9.75 to 10.25 and no early sheep sales.
East St Louis livestock receipts totalling cattle hogs and sheep show a slow to dull cattle market with few early cow sales and higher canners and stockers. hogs strong with top at 11 40 and light weights near 11 35 11 40. sheep active with lambs steady, some numbers sold to city butchers and packers amid mixed ends.
Receipts of 16 000 cattle showed beef steers uneven with early top around 9 50 to 9 70. stocker and feeder activity weak. prime heifers and choice cows trading around 6 40 to 9 50. Hogs receipts 14 500 with prices slipping early and closing near the week’s end. best lights around 10 90. Sheep receipts 2 700 steady with lambs mostly lower. two pound lambs near 10 75 and light premiums around 6 00 to 10 73.
Omaha Nebraska market data for hogs cattle and sheep with receipts totals for March 1 including hogs top price around 19.50 for bulk medium and light butchers. calves and feeders steady. Sioux City and St Joseph listings show varied receipts and price ranges for hogs cattle and sheep.
New York March 14 The stock market opened weaker with broad selling. Major leaders such as Oils, steels, railroads, Baldwin, Sears-Roebuck fell while some issues rose on short covering and steadier notes. Rio No 7 coffee and metals traded with mixed signals as the day progressed.
Mrs C R Shaffer died at 301 Adams Street at 2 30 am Sunday. Funeral at Hileman Gindt chapel Tuesday at 2 pm conducted by Rev C E Luce of St Pauls Methodist Episcopal Church. Interment Fairview. She had a four year cancer illness and had been bedfast since holidays. Born Petra Skow Aalborg Denmark January 1 1868. Married in Spencer Indiana March 12 1889. Survived by seven children seven grandchildren three sisters two brothers. Children listed. Includes note on poultry records and Rhode Island Red Bullets Royal Neighbors society. Editor invites better egg-laying records.
A meeting of Waterloo dairy producers is set for tomorrow at 1 PM at the Forum to discuss a proposed market system. W. H. Maust chairs the committee, with Prof. Mortensen of Iowa State College expected to help craft a plan to stabilize the local milk market without raising costs. The aim is steadier demand, fewer price swings, and reduced hauling expenses for producers and consumers alike.
The weekly lumber review from St Louis reports a trend toward higher prices for upper grades in hard woods and some soft woods. Prices for red gum oak uppers, Cal. Hornia woods, and cypress uppers have risen or held firm, while common stocks remain heavy. Demand for high grade timber grows as lower grades stay surplus. The shift is linked to curtailed supply and a rising premium on high grade timber, likely to persist.
Hari Messinger, a farmer northeast of St Francis hospital, faced a municipal court charge for illegal transport of liquor after police halted a vehicle carrying two milk bottles with moonshine. Bond set at 50, hearing March 17. he claimed he bought the liquor to have “something to drink” at a dance. The car belonged to his brother, a milk dealer. Dr Jones revival services announced at East Park Presbyterian Church with W G Jones in Vinton. Morning prayers at Mrs H S Webster’s home.
B R Bachtell of 502 Magnolia Avenue Waterloo asserts his flock, including Buff Orpingtons, has the highest egg production, claiming an egg record surpassing J H Bartels and offering details for verification.
Washington reports the agriculture department warns that white grubs will return to eastern Iowa this season. Severe damage is expected, especially on fields that were in grass last year, so do not plant corn or potatoes on such land. Ground previously in clover or corn may be safe for corn this year as beetles, the parents of grubs, seldom lay eggs there.
Iowa State College horticulturist advises farmers can start new vineyards from cuttings of last year's growth. Cuttings should be 9 to 72 inches long with three buds, taken before buds swell, stored promptly in damp sand or sawdust in a warm place to prevent drying.
A New York real estate firm reports a shift in population from cities to farms. Across 20 years two thirds of farm sales went to city buyers, now two thirds go to urban buyers returning to farming. February sales rose sharply nationwide with New England up 290 percent. Of 4,272 farms sold last year 1,171 were in New England, many to buyers from other states.
Letters from Iowans praise the Courier as the preferred newspaper. L. P. Cliff of Mitchell says he values the Courier over the Des Moines Also. G. H. Blum of Cedar Falls calls the Courier good. G. R. Kuhl of Reinbeck cannot do without it. J. R. Strauser of Plainfield expects to take it soon.
Iowa farm wages are set to fall from wartime levels to about 35 to 40 dollars monthly plus board and lodging. The drop reflects lower farm product prices and aims to equalize pay across labor classes, though further cuts may follow as summer approaches.
After the hatrest, restrictions tightened and wage cuts followed for the upcoming spring, signaling a shift in economic policy and labor conditions.
Tomorrow is the final deadline for individuals earning over one thousand dollars or married couples earning over two thousand to file income tax returns with the Internal Revenue collectors. Three collectors are stationed at the Federal building to assist taxpayers as the filing rush continues. Postponement can be granted by the commissioner with a satisfactory excuse, but the law fixes the fifteenth day of the third month after the fiscal year end as the proper filing deadline. Delinquents face penalties.
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