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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
May 08, 1929
Page
24
Wheat advanced despite early declines as export demand for North American grain supported gains. Chicago prices closed higher while corn oats and provisions firmed on bullish weather and shipping demand. cotton futures opened steady with modest gains across May to October contracts.
Wheat receipts total 29 cars with No 1 dark hard around 1 021.15 and No 3 near 1 001.14. No 1 red 1 10, No 2 1 06. Corn receipts 34 cars with No 2 yellow around 85 to 88 cents, No 3 white and other grades listed. Oats receipts 3 cars with No 2 white about 7 1/2 cents.
U S potato receipts show 117 cars on track with 86 new and 401 old stock. Bliss Triumphs traded around 4.25 to 4.95 for fancy grades, while old Russets and round whites in Wisconsin Minnesota North Dakota offered stable to firm prices. Red River and Red River Ohles listings reflect modest shifts with careful bids across states.
Grain values for Omaha Nebraska in May show Wheat No 1 Herd at 1.09, No 2 hard at 1.08, No 1 mixed at 1.01, Corn No 1 white at 0.86, No 1 yellow at 0.86, No 2 yellow at 0.86, with oats unavailable. Prices reflect typical market quotes of the period.
A terse Minneapolis flour market snippet notes mixed pricing for barrel and bran lines. Figures show lower and higher ranges around 6.70 to 6.00, with bran shipments tallied at 25,247 units and prices from 22.50 to 23.50 per unit.
Agricultural board quotations show wheat and corn figures for No 3 and No 4 grades, futures and samples. New York and Chicago reports list poultry, butter, eggs, and cheese prices with receipts and grade distinctions, noting steady or firm trends and regional variations.
Closing quotations on trading issues from the Chicago Stock Exchange list Allied Products Art Metal Works Bore Warner Bul ler Bros Club Aluminum Dexter Great Lakes Aircraft Grigsby Grunow Hart Garter Pfr Instill Dilities Kilamazoe Stove Meadows Stove Missouri Kansas Pipe National Standard Standard Dredge Morreth United Corp United Gas Co U S Gypsum U S Radio and Television. Wheat prices in St Louis May 8 No sales Red wheat No 2 514 Corn No 2 mixed 85c No 3 79c No 2 yellow 125c No 3 900 No 2 white 0c No 3 Gotpo 0lsc Oats No 3 white 4c No 4 45 45.
Livestock sales occur at Union Yards in Chicago with hogs listed among offerings. A brick meter prototype measures brick dimensions simply and rapidly, reflecting shop innovations alongside the sales activity.
The stock market opened with uneven, irregular trading as high money rates restrict speculative activity. Bulls struggled to attract support while bears failed to push heavy liquidations. call money held at 14 percent amid thin supply. Major stocks like General Electric, Goodyear Rubber, United Fruit, and American Tobacco rose modestly, while Liquidation pressured Radio and Union Carbide. Closing volumes reached about 3.3 million shares with mixed losses and gains, and sharp moves in Case Threshing and Radio reflected ongoing credit concerns.
A mixed commodity list from Waterloo markets shows produce items such as butter eggs and lard with varying prices, plus grain and hay values. Livestock figures from St Louis and St Joseph detail hogs, cattle, and sheep receipts, prices by weight, and bids across multiple classes.
At St Paul a cattle sale showed 3,900 steer and heifer offerings with a weak undertone and price ranges around 12.50 to 13.45 for yearlings, cows near 10.00, and light weight stockers steady. Calves were 12.50 to 14.08, hogs 10.63 to 10.75, pigs about 11.00, with overall tone weak for larger packer interest. Sheep receipts 600, lambs 14.95 to 17.00, ewes around 7.00. Peoria hogs 1,500 head up 10-15 cents, tops near 11.15, cattle receipts 150 with subdued demand.
Grain receipts at Minneapolis number 173 cars versus 2520 last year with No 1 northern and dark northern wheat priced around 14 cents higher. durum, hard Montana, and yellow corn shown with mixed futures for May and July delivery. Sugar and foreign exchange rates listed with Liberty bonds and Treasury notes closing values.
Chicago hogs higher on limited supply and strong chucks while lightweights lag. Beef and cattle steady with weaker demand for plain stock. Weekly arrivals: cattle 30,759, hogs 79,914, sheep 44,126. Prices: hogs 10.65 to 11.50, cattle 9.15 to 15.00, with varied weights and classes shifting modestly higher overall.
Feeder and stocker prices for cutters and cutters show bids around 6.25 to 13.60 with various grades. Sheep receipts at 1,000 unchanged to higher, with spring lambs and clipped lambs quoted, and cull and common ranges noted. Prices listed for milk fed weolers, stockers, and range of weights, plus wool and lamb values across multiple categories.
Kansas City Livestock market report from City, Missouri shows cattle receipts at 7,500 with various grades, including top yearlings around 12.00 to 14.75 and mixed feeder values. Sheep offerings total 6,500 with spring lambs trading around 12.75 to 16.90 and cull stock near 9.00 to 12.23, while hogs and feeders list around 10.00 to 10.95 for various weights.
Chicago and northwest wheat receipts for the week show totals around 259 thousand bushels with Minneapolis and Duluth mentioning in the regional tally. The mixed regional figures reflect ongoing supply movement and market activity in the area.
Iowa markets report hogs firm to higher with shippers and big packers steady to up. Cedar Rapids premiums at 18.70 for 160-700 lb primes, Des Moines receipts 600 steady to lower with prime and medium around 10.51, Sioux City cattle mixed with calves firm and yearlings rising, hogs show varied table packers 9.50 to 10.95, sows 9.50 to 9.5, sheep bids steady with fed lambs above 15.25.
Chicago May 8 estimated stock receipts for tomorrow include 7,000 hogs 18,000 sheep 13,000 hogs and other livestock drafts. Prices show mixed feeds and alfalfa values around 18.00 to 28.00 with various rough figures for clover and press mixes.
Omaha Neb May 8 Hog receipts 8 500 including 340 direct opened mostly 4 16 60 higher closing with advance cost top 10 95 190 to 250 Ib. 10 50 10 70 250 to 320 lbs. sows 9 50 to 8 75 average cost Tuesday 10 30 weight 353. Cattle receipts 3 600 yearlings and calves steady others mixed beef cows and yearlings firm to 14 25 top yearlings 14 15 beef cows 9 00 10 73 calves up to 23 00 to 19 50.
Pilots from Pisk airport staged an aviation treasure hunt in Springfield downtown to advertise a Legion bazar. Planes dropped envelopes with bazar announcements and prizes, including a free airplane ride and $5 value tickets, plus free bazar tickets. A harmonica contest for boys under 16 was among event features.
In New York the bond market showed few active convertibles absorbing most trading interest while general investment listed stagnated. Prices drifted irregularly with a mostly downward bias as American Telephone dipped another point and American Telephone 6 dipped around 16. International Telephone traded 44 to 43, Missouri Pacific 64 to 48 amid government obligations, with no strong trend detected.
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