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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Nov 06, 1920
Page
13
Chicago brokers sent wheat prices sharply lower as general grain selling swept through small lots. Dec futures sank to 1.90 and Mar to 1.87, with corn and oats also slipping amid weakness in the exchange and comments from Julius W. Barnes. Provisions slid as dull trading continued.
In Kansas City market notes dated November 6 wheat fell 10 cents with No 1 hard at 1 88 1 3 and 1 86 1 95 while No 1 red traded around 2 16. Corn stayed steady to lower with various bids for No 2 white and yellow. Oats were mostly unchanged with No 2 white around 53 and 53 for mixeds.
Receipts show 29 cars of corn with varied grades including No 1 yellow No 3 yellow and No 2 yellow plus No 2 mixed. Oats receipts total 5 cars with grades 2 white 3 white and 2 white 214 83c. Market activity lists prices and grade mix.
Omaha price notes for Omata Grain dated November 1 show hard red spring at 1.76, No 4 mixed 1.70, No 6 red winter 1.90, No 2 white 6 cents, No 1 yellow 0 cents, and No 1 mixed at 2.00, with nominal figures.
Minneapolis grain listing shows receipts of 297 cars versus 443 cars a year ago for cash No 1 Northern with December and March futures quoted. St Louis grain desk notes November 6 trading data with mixed futures figures.
Cattle receipts 2,000 vs week earlier. Steers uneven. heifers and bulls mixed. Hogs 7,000 receipts steady to 15c lower with average near 14.50, but some loads at 14.40. Sheep and lambs 2,050 receipts, fat lambs 1.00 to 1.50 lower, fat sheep and yearlings about 1.00 lower.
Kansas City market notes for cattle hogs and sheep show weekly comparisons with varied changes. Cattle mostly steady to 50 cents lower for most classes, calves up 1 to 2 dollars, stockers and feeders weaker. hogs active with some firmness, top around 13.66, average 12.50 to 13.50. sheep and yearlings show gains of 50 to 75 cents, feeding lambs up 25 cents.
Sioux City market notes cattle receipts about 5 000 with beef steers yearlings grass cattle and feeders priced from 3.75 to 12.00 per hundredweight. Hogs receipts 2 500 steady to 10 cents lower with bulk sales 12.50 to 13.15. Sheep receipts 150 lower with lambs and yearlings easing 25 to 50 cents. Omaha reports receipts 496 cattle and 500 sheep with price shifts noted.
Livestock receipts at East St Louis and St Joseph report mixed movement with hogs down to recent lows and cattle steady to mixed. Hogs lead with large receipts, top price around 14.99 to 15.00, down from prior levels. cattle and sheep show declines or steady trends by category. local produce prices reference butter eggs and cheese in New York Chicago and Kansas City markets with minor variations.
Stocks opened weak with heavy selling across shipping, oil, copper and food groups. Losses ranged 2 to 7 points as rails and metals eased, while a few feeble rallies emerged at the close and total volume reached about 550000 shares.
Rapid downward swings in the wheat market this week followed weak European buying. Prices show wheat down about 1 percent, corn and oats lower, with provisions firmer on liberal shipments and stronger hog allocations. Bears dominated wheat despite claims of domestic farmers holding and reduced livestock numbers. News of Canadian wheat arriving by water and anticipated coarse grain production changes weighed on values.
Waterloo bank clearings for the week ending Nov 6 1930 report totals from the Waterloo Clearings House association with daily figures and comparisons to the previous week including deeds mortgages and Liberty bonds data. Also lists London silver grain prices money exchange and clearing house reserves status.
Waterloo markets list commodities and prices including sugar flour butter potatoes cattle and hogs and farm products. Bank rate notes Bengal Bank and Bonohas rate shifts few specifics due to damaged text.
A victory procession followed election returns with I B Warnes riding a flour sack in a wheelbarrow and Tony M Parrish at the reins. Warnes tooted an automobile horn as Parrish carried a placard claiming Sox supporters were suckers. The pageant included varied riders and a flower-filled ride known as election wager payments.
Cedar Falls plans for a Presbyterian student home at Cedar Falls plus financing deeds are discussed by the synod executive committee. The $100,000 project spans Cedar Falls Iowa City and Ames. City Council meets Monday. Madigan prepares for office. corn picking progresses with earnings 5 to 7 cents per bushel.
A 45 Franklin Street resident returned home to a cold house after a plumber, acting on another unit, removed the water coil and sealed the ends. The family reported a basement visitor asking about the water meter, but no one admitted removing the coil. A new coil was installed later that day by the same plumbing firm.
Mortuary reports funeral for Charles J. Smith son of Mr and Mrs C E B Smith at home 811 Newton street at 2 p m with Rev F W Court in charge Interment in Fairview Child born Waterloo November 7 1919 survived by parents brother James sister Ruth Body at Petersen Bros chapel until a m Sunday then taken to family residence Also Cleo Fae Cotton one month old daughter of Mr and Mrs Earl D Cotton died at 305 Wyoming Street around 12:45 a m after pneumonia Funeral at home 2 50 p m tomorrow Rev S W Harrop Linden M B Church burial in Fairview cemetery Finally brief notice: daughter of Mr and Mrs Jessie Imore 1420 Commercial Street died November 2 funeral at home and burial in Fairview
Local notes report advertising service bids in Buchanna and social visits across Iowa City, Des Moines, and nearby towns. Mentions John Haddad’s Windber trip, Rosary film at St. Marys, and upcoming church sermons. Also notes police search for J P Bowen II and registrations bills in Waterloo with registrar wages.
The Bowery Mission in New York says its activities are limited due to prohibition. It will focus on Americanizing the city's foreign population, mainly through work with the children of foreigners and Japanese residents, aiming to reach them earlier in life. Delegates from Waterloo West Teachers' association attended the Iowa State Teachers convention in Des Moines.
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