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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Oct 03, 1921
Page
9
Wheat prices opened softer with December futures around 1.17 to 1.23, then edged higher before easing. Visible supply shrank while one uptick appeared late, closing unsettled near prior day. Corn and hogs also moved, with mixed receipts and soft spot markets at Minneapolis and Peoria.
Receipts and price movements for cattle hogs and sheep across markets show steady to higher trends. Omaha reports hogs uneven and cattle strong with top values reaching near 8.00 for hogs and 8.50 for lambs, while sheep and yearlings show gains.
Stocks opened mixed as oil, metal, and coal issues lift early trading. American Sugar dropped to a new low, with sugar related shares and several allied stocks weakening while others, including copper and rail issues, posted modest gains. Bond and loan rates remained unsettled, with overall market direction uncertain at mid-morning.
New York markets show butter firm with creamery extras at 46¢, firsts 34¢, and seconds 20¢. Wheat and corn prices vary by grade. receipts tallied, with No 2 white corn around 45¢. Chicago and St Louis reports note higher butter and steady eggs, while Dayton and Waterloo market notes list hay, potatoes, and poultry trends.
Prices of food on the wholesale level eased slightly in New York as reported by Bradstreet's. The index stood at 2.94 for 31 staple items, down from 2.97 the prior week and 4.43 for the week ending Oct. 1, 1820, with 20 items higher, 39 lower, and 42 unchanged. Also noted are Liberty bonds, New York money rates, and cotton market observations from Toledo and the agricultural department.
Report from Chicago and Kansas City shows cattle strong up to 25 cents higher, hogs 10 to 20 cents higher with top hogs around 8.45 and bulk near 8.15 to 8.40. Receipts: Chicago hogs 30 thousand, cattle 20 thousand, sheep 39 thousand. Kansas City hogs 5,500 and cattle 41,400. Prices vary by weight and class, with steers near 7.00 to 11.15 and heifers 4.00 to 6.50, calves steady, stockers mixed, and sheep and lambs firm to higher.
Washington Oct 3 The census bureau released figures showing a decline in average family size from 4.5 persons in 1910 to 4.3 in 1920 and from 5.2 to 3.1 for dwellings. Regional and state differences are noted with Nevada 3.5 per family and 3.7 per dwelling, North Carolina 5 and New York 7.8 per dwelling.
The First M. B. church congregation staged the pageant The Coming of Truth for the Sunday school under Mrs A Boggs. It traced life from babyhood to old age with rapid action and featured Harold Strayer as the infant, choral numbers, and a tableaux finale with Tracy Glasener Dale Kirkpatrick and Mrs C B Brokaw. Epworth League also held talks on time with Mrs J W Mayer leading.
Rotarians at Hotel Russell-Lamson heard the Metropolitan Glee club perform vocal and instrumental numbers. John A. West featured a Rotary style Irish joke act at the Majestic theatre bill. L. Bradburr of Charles City Commercial club attended the luncheon. Foreign exchange rates listed for several nations.
Cedar Falls hosts a district rally in the Cedar Falls Commercial club rooms with nine counties of the Third Iowa district represented. County agents and bureau officers, with large delegations of women co operators, will attend. Speakers include Ellsworth Richardson and Miss Elizabeth Hudson with a luncheon for women. Representatives from Delaware, Buchanan, Bremer, Dubuque, Hardin, Franklin, Wright, Black Hawk and Butler are expected.
Managers and officers of live stock shipping associations in the Waterloo vicinity will attend a two day course in live stock marketing on October 27 and 28. The Iowa State College extension service cooperates to teach association accounting and laboratory grading and handling at markets. Edged by 1920 co operative sales exceeding 109 thousand dollars, the event includes round table discussions and registration with County Agent A A Burger in Cedar Falls. Profs Thompson Hammans and Robotka will conduct the sessions.
Allison Iowa October 3 Olin Ravenstroft owner of the Mead farm 726 acres south of Allison traded it for a ranch of 4206 acres formerly owned by JF Dutton. The Nebraska ranch lies near Anselmo in Custer county.
Chicago Oct 3 Charles Quinn Toledo secretary treasurer of the Grain Dealers National association warned 2000 grain men at the three day convention that extremist movements threaten the form of government. He cited bills labeled progressive measures as dangers to existing marketing machinery and urged action to prevent class laws from undermining American industry. Other speakers included Gov Warren T McCray and Chicago Board of Trade president Joseph P Griffin.
Iowa Jersey breeders plan a state herd of six breeders and ten head for the national dairy show in St Paul. Water loo Jersey farm leads with an aged bull and cow. other entries include yearling bulls and heifers from Dr J E Brinkman Will Parrott Mrs Hugh G Van Pelt Will J Campbell and E T Meredith. Holstein breeders also prepare a state herd built largely from last week’s state show winner, aiming for a strong showing.
Washington October 1 United Press reports a serious cattle shortage looming within a year unless livestock raisers stop the flood of animals onto the market. The notice underscores potential price rises and supply stress across the United States.
Pathfinder Protection a leading Black Hawk county Duroc Jersey sire owned by C Renner Son died Tuesday September 27 at over 864 pounds. He won second in class at Cedar Falls fair at four years six months and was bred from top lines. The Renner sale of spring gilts and sired stock by Pathfinder Protection is set for October 4 at the Waterloo farm between Burton and Logan avenues.
Eugene Meyer, head of the War Finance Corporation, returned from a tour of cattle country in the West and Midwest and warned bankers to extend adequate financing in their territories to prevent a collapse that would harm farmers and the public.
Iowa State extension dairy experts report tests with ordinary grade cows show purebred Holstein and Jersey sires boost calf value and milk output. Offspring from scrubs reduce production by about half, while one good grade cow bred to a purebred bull doubled milk and fat. experts urge farmers to ensure a purebred sire in their herds.
Iowa specialists report tipburn control in Mitchell county potato plots with 20 acres sprayed using Bordeaux mixture. Sprayed vines yielded 126 bushels per acre versus 25 in unsprayed fields, despite 19 weeks of dry weather. Green Mountain variety used in trials with a commercial Bordeaux mixture.
Allison Iowa October 3 The county engineer office force has been busy setting stakes on the primary road system north of Parkersburg ahead of grading operations. Tilers are at work on the road between Greene and Allison and expect to finish before cold weather. The road south of Allison is gravelled and trucks will haul gravel from pits south of Clarksville onto two miles of grading near the county farm.
Roberts Sanitary Dairy 86.25, Orange Dairy 5.53 dollars, with Orange Dairy unconnected to Orange Township Creamery. A corrected announcement from the Dairy Cattle Congress last week credits Orange Dairy with the top state score and notes an initial miscredit to Roberts.
The National Grain Dealers Association opens a three day Chicago meeting with 1200 members vowing to oppose dismantling the middleman. Leaders urge businesslike politics to curb minority group pressure while pushing for higher farm purchasing power and cooperative methods to replace competition.
Des Moines reports the state parole board enforces a new law: violation of parole carries five extra years in prison in addition to the original sentence. About 30 paroled men have been returned for failing to meet conditions. Also notes a scarlet fever case, seven year old George Cox Jr. of Logan Avenue quarantined at home.
Joliet October 3 Miss Catherine Peterson a 20 year old girl offered to marry for $3,000 a month ago to obtain an education and fine clothes. About 100 responses came from switch men insurance agents and other workers. She claimed all were gentlemen and one man offered $7,000. With no money left she planned to decide this week which suitor to take.
A detachment of the Fourteenth Cavalry from Fort Des Moines travels overland toward Fort Sheridan with a marching squad and camping cuts. The public exhibit draws attention in several towns, aims to train men and recruit volunteers. The unit seeks about 100 new enlistees.
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