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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 23, 1921
Page
13
Wheat moved in a volatile session with gains on talk of export demand fading. March to May futures fluctuated, closing lower as sentiment soured on absence of export orders and expectations government stockpiles will meet British needs. cash quotes across corn oats and provisions followed the wider market.
Daily market notes show butter and eggs prices steady or up slightly in New York and Chicago, with live poultry and fowl prices mixed. Foreign exchange and government bonds hold steady, while Liberty bond prices move with market steadiness.
The day saw broad stock advances with oils and motors leading gains. Industrials such as General Asphalt Mexican Petroleum Royal Dutch and Sears-Roebuck mixed, while Rails lagged and Studebaker Ajax and U S Rubber rose sharply. Local notes report Easter vacation, personnel moves, and social events in Iowa towns.
Chicago buyers report light hogs up 15 to 25 cents while others gain, with 14,000 hog receipts and 7,000 cattle. Hogs top at 19.50 for prime loads, bulk 10.25 to 10.60. cattle show slow demand with steers 7.75 to 10.00 and cows 5.75 to 7.50. Sheep receipts 16,000 with lambs around 9.59 to 10.60 early and yearly weights 9.75 to 20.50, no fat sheep sold early.
East St Louis March 23 cattle receipts 3000 steady to higher with steers 8.00 to 9.25 stockers and feeders 11.06 to 11.50 top 22.00 hogs receipts 24500 strong but 15c lower than yesterday lights top 10.73 packers heavies 9.25 9.75 sows steady pigs 5c lower. sheep receipts 1000 active and strong 2.5c higher city butcher paid 10.75 for 73 pound lambs and 4.00 for smaller runs. overall market mixed with several decks sold.
Kansas City market report shows beef cattle steady to 25 cents lower with heavy bids softer. Hogs down 40 to 50 cents early, top at 16.10 with bulk around 9.25 to 10.10. Sheep and lambs steady to mixed, light offerings and price ranges noted for various classes.
Hogs receipts 14 000 mostly 10 to 15 cents lower closing active 13 25 to 13 40 top 10.00 bulk heavy butchers 250 pounds plus 8 35 to 9 40. Cattle receipts 6 000 beef steers and he stock generally 25 cents lower top steers 9 40 bulls veals slackers and feeders steady. Sheep receipts 5 000 all classes steady bulk lambs 9 25 to 20 00 top 10 10 shorn lambs 8 25 to 8 30 ewes 4 00 to 5 75.
St Joseph Missouri reports cattle receipts around 3,700 with steer values down about 25 cents. Hogs total 6,000 with prices 9.00 to 10.00 and calves from 5.00 to 6.50. Sheep receipts near 500 steady with lambs 9.00 to 10.25 and ewes 5.00 to 6.00.
Milk producers in Waterloo plan a cooperative dairy with capital of 75000 to handle milk and dairy products locally. A nine member board will govern, stock to be 5100 per share with 200 to 350 shares sought, and notes by stockholders repaid from profits. Readiness shown by 127 pledged producers and Orange township support boosts the venture.
Iowa State's farm crops section reports the seed testing lab at the Iowa experiment station is among the best in the nation. A pneumatic seed sampler and a seed blower aid rapid, accurate purity and germination tests. Free seed testing for Iowa farmers aims to help Clover and grass seedings amid rising low grade seed sales.
Poultry experts from the United States Department of Agriculture describe safe egg shipment methods for hatching. Best practice uses market baskets with excelsior, paper wrapping, and cloth fastenings, or stiff cardboard cartons packed with chaff or bran and cushioned in baskets. Packaging supports long-distance shipping by express or parcel post, with 12 hours rest after receipt to reestablish germ position before incubation.
Iowa State College dairy experts say clover and ensilage make a good ration for milk production. Timoth y straw and corn stalks reduce output, oats also limit production. Cows need hay and silage, with a suggested mix of 400 pounds cracked corn, 20 pounds ground oats, 109 pounds oil meal, or half oats replaced with bran, fed at one pound per three pounds of milk produced.
The last will of Henry Koester filed with the clerk of courts notes it was indited 33 years ago. Koester, of Barclay township, leaves his property to his widow and to his children share and share alike. Also, final probate closes the estate of Josiah Lichty of Orange township. Nine children share $3,146 each from a total estate of $30,369.
Des Moines March 23 Representatives of nearly all Iowa farmers organizations met and endorsed the grain marketing plan of the Committee of Seventeen. Delegates were chosen to represent Iowa at the Chicago trial ratification meeting on April 6 and for the national ratification convention. Proposes bonded warehouses nationwide to stabilize prices and ensure a fair living for farmers amid transportation wage pressures.
Bright prospects for a bumper spring pig crop in Black Hawk county farms as farmers plan larger litters due to cheap feed and profits from home raised pork. W H Maust of Orange township notes earlier farrowing and high pig counts, with examples from his own farm and neighboring holdings including litters of 10 and 13 farrowed, though losses from exposure reduced the number saved.
Farm crops experts from Iowa State College report soy beans make good sheep feed and offer early hog forage. Neils Larson raised five acres alongside corn. sheep ate soy beans almost clean before corn. Seed beans yield 84 bushels per six acres, and 26 bushels from 1.25 acres. Manchu and Black Eyebrow seed available through Iowa Agricultural Experiment Association at Ames for $9.50 per bushel, plus inoculant. one bushel seeds 15 to 18 acres.
Cedar Falls March 23 J P Brandhorst and E R Rousselow Hereford breeders held their annual spring sale at the Cedar Valley fair grounds. On account of the small attendance some lots failed to bring expected prices and participants noted cautious bidding throughout the session.
A 34 head cattle sale brought an average price of 123 dollars with the top bid of 294 dollars paid by F. L. Gordom of Reinbeck for Baby Girl, a 3 year old heifer with calf at side. Other buyers included W. L. Dietrick Osages Ed Aschenbremmer Traer A. J. Min ish and Howard Busbaugh. West- Fe 3C. W. Bedford. Hudsom: a. J enry C. B. Boehmler, Marshal Uhl, Willam Nelson and Oscer Toatlebe of Cedar Fallg.
Milt Tudor of Iowa City was elected to lead the Iowa Breeders' association for the coming year with R W Plummer of Marshalltown as running mate. E T Davis of Iowa City was re elected secretary and fieldman. The three day Des Moines meeting included a show and business session. Despite cloudy beef cattle prospects, attendees remained optimistic about future sales. Average lot price was 384 55 with top sale at 1 825 paid by H B Wilkinson Mitchellville IA Tor Elba of Gill More a notable 1918 cow.
Wm. L. Sill, field representative for Equity Co operative Exchange from St. Paul, visits Cedar Falls and Orange township in Black Hawk County to interview farmers. The firm runs elevators in ND, SD, MN with a large St. Paul terminal. it handles grain livestock and other farm produce. President J. M. Anderson attends state ratification meetings.
The farmers' Livestock Marketing Committee of the American Farm Bureau Federation will hold its second meeting in Chicago on April. A subcommittee report on cattle investigations will be offered.
University of Nebraska poultry specialist Prof C T Cornman offers five commandments for poultry raisers to improve egg quality. Keep nests clean with one nest per four hens, gather eggs twice daily, store eggs in a cool dry room, market eggs at least twice a week, and promptly dispose of male birds after hatching season.
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