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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Nov 21, 1921
Page
13
The 1921 corn surplus and flat prices spur a debate among farmers and experts on whether to cut acreage or expand production. Reports note record carryover and weak producer prices, with analysis of demand from livestock, industry, and exports, plus potential state and federal credit support drafts.
Tes Moines reports the Iowa Farm Credit Corporation authorized by the 39th General Assembly to lend up to five million dollars to farmers. The banklike entity, funded by banks and farmers at 110 per share, seeks to finance crops and personal securities as a lasting agricultural credit source amid current hard times.
Plans for a farmers cooperative creamery at Rowley are taking shape with over 30 percent of stock sold at 100 dollars per share. A meeting was postponed due to poor roads. promoters aim for 100 stockholders and a modern plant. Clyde Bechtelheimer and dairy experts will brief interested farmers soon.
Des Moines reports Iowa dominates the third annual convention of the American Farm Bureau Federation in Atlanta Georgia with six delegates joining national leaders President J R Howard and Secretary J W Goverdale Many delegates from Iowa emphasize the federation has grown from its Iowa origins and is now the largest state federation in the nation Des Moines President of the Iowa Farm Bureau heads the Iowa delegation with E H Gunningham LN Taylor WW Latta Ray Redfern and O H Martin among others representing Iowa at the session running through November 24.
Hardin County based cooperative livestock shipping shows strong growth with over 762.02 dollars in stock shipped to date and projections to reach the million dollar benchmark by year end. The networks unite 1,359 farmers and stockmen, with two groups formed in 1919, seven in 1920, and two in 1923. Members receive Chicago market price minus handling costs. managers earn a percentage on each shipment based on weight and services.
Community notes report births and deaths in Clarksville area. A baby boy son of Mr and Mrs James Harris died shortly after birth with burial at Lynwood Cemetery. Local residents Mary Patterson and Zine members hosted a dinner in Clarksville. Mrs Jane Bonwell attended a social event and Mr and Mrs P Mevagua joined a school program by Meany Casket Co in Waterloo.
Des Moines reports the Farmers Law and Tax Reduction League, formed in Iowa County with officers C. W. Bair as president, W. H. Hall as vice president, and Walter M. Seaton as secretary. The group seeks to ensure farmers occupy both legislative houses, advocate recall and equitable tax laws, oppose double taxation, back local self government, cut government costs, oppose highway bonds and urban voting rights, and push land tenure reform and tax reductions.
Bennie Fret, 18, captured while breaking into a depot at Clarionville, was sentenced to 60 days in jail by judge M F Edwards, the minimum under the statute. He claimed pennilessness and intent to steal a ticket to Fort Dodge to visit friends.
Vital notices list a marriage announcement for Miss Gladys Moffert of this place to Robert Lee, a birth reported Friday for Burr McFairland. a son born to Mr and Mrs Howard Cook on Sunday November 13, 1921. Mary Claney returns home from Pomeroy after visiting her brother Thomas Claney. Mrs C J Metcalf of Chicago visiting friends here.
Breeders in Nebraska and the western states report renewed interest in milk goats, with Dr. C. E. Leach noting higher butterfat from does sired by purebred Nubian bucks. Mrs. E. G. Clark recounts five years of goats and rabbits, financial gains and challenges like stomach worms, and her success with Nubians amid a growing industry.
Both Chicago and Ontario livestock markets will close Thursday November 24 for Thanksgiving. Stock arriving Thursday will be unloaded and cared for until Friday's market.
A goat keeper describes dangers of tuberculosis but notes goats are easy to acquire and maintain. He praises germ-free milk as a benefit and expresses intention to sell his current herd and move to acquire many more goats.
The Waterloo Ministerial association hosted a farewell dinner for Rev. N. J. Calhoun, pastor of the United Presbyterian church, at the Y M C A. He will move with his family to Loveland Ohio next week to take the successor pastorate there. Speakers included Rev. W. A. Peterson Rev. C. E. Luce Rev. A. C. Preston and Rev. D. Purser. Calhoun spoke of happiness in serving with colleagues and will preach his last sermon here next Sunday.
Grain markets show mixed moves with wheat and corn futures edging higher on U.S. export hopes while receipts dwindle. Local court in Benton County opens its November term as the September session wraps, with jurors and grand jury expected to report in the coming days.
Kansas City livestock prices show higher weights and improved demand with cattle steady to firm and hogs lower on the day. Packers and shippers seek 180 to 210 pound weights while heavier cattle push prices and lambs and feeding cattle display strength, with notable activity around top rates and mixed market tones across categories.
Omaha markets report wheat and corn prices with varied bids across No. 1, No. 2 and No. 3 grades, while Kansas City shows regional wheat and corn quotes. Cotton consumption notes ginned totals to November 14 with year over year decline. St. Joseph livestock highlights higher hogs and cattle prices, and copper and zinc futures hold steady amid steady metal markets.
Tork Nov 21 Brinstreets Foul Index shows wholesale prices unchanged from the prior week with 11 commodities up and 15 down while 2 held steady. Waterloo markets list many items from flour to butter and vegetables with mixed movements amid steady overall pricing.
Auction receipts reach about 40 000 with steers trading 25c higher and hogs mostly 10c up. Confidence remains as top steers command strong bids, while calves and feeders see firm, bulk prices.
East St. Louis market reports receipts of about 2000 cattle 15000 hogs and 1000 sheep with mixed trends. Cattle steady to lower with vealers weak and stockers slow. Hogs show early strength then softening with 180 to 220 pound averages around 7.05 to 7.15 and sows around 5.70. Sheep lean higher with fat lambs strong and ewes easing near 2.60 to 7.50 depending on quality.
Livestock receipts total 2009 with killers steady to wear and stockers weak to 25 cents lower. Fed steers and yearlings quoted 7.50 to 10.50, short fed 7.00 to 7.60, grass steers 4.00 to 5.50. Hogs market around 36.25 to 36.60 for light hogs and 36.00 to 30 for mixed, heavies 6.25, bulk sales 5.75 to 5.50. Sheep receipts 3,000 steady.
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