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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Oct 06, 1921
Page
15
Wheat futures opened with mixed quotes as traders weighed sharp drops and renewed demand. December and May contracts fluctuated between gains and losses while corn and oats followed grain trends. Hog and pork futures weakened as markets absorbed harvest demand signals and regional selling pressure.
Chicago grain quotations show No 1 hard wheat at 13, No 2 hard at $1.09 1/2, rye and corn prices around 4F. Sorghum mix and oats listed with fractions and nominal values. Timothy seed at 4.25 to 4.75, cloverseed 12 to 18, provision prices nominal around 33.70, livs 6.75 to 7.75. Minneapolis reports cash wheat at 1.24 5/8 for No 1, No 3 yellow 1 1/6, No 2 white 2 1/2 to 2 3/4 cents.
Waterloo financial figures show weekly bank clearings for the week ending Oct 6 1921 with totals and comparisons to 1919 and 1920. Deeds and mortgage data end Oct 3 and Oct 5 respectively, with chattel and other filings noted. Cotton futures in New York and Minneapolis grain and dairy prices are reported, along with Waterloo market prices for wheat butter and meat products. Plans are mentioned to create a New Hebrides group.
Market reports show butter and eggs firm in New York with creamery butter at 44c and extras 34c to 42c, firsts 38 4ic, eggs steady with ordinary firsts around 37 28c. Chicago notes higher creamery butter to 34 4ic, eggs receipts 2,823 cases, poultry mixed, and Kansas City reports slight butter gains and unchanged poultry and eggs. Liberty bonds futures also listed with varied bids and par values.
Associated Press notes Chicago cash hogs 10 to 15 cents under yesterday with receipts 28,000. hogs mixed as lights and packers show weakness while sows and pigs vary. Cattle receipts 13,000 with good steers scarce and demand softening. beef stock and feeders mix, veal calves steady to lower. Sheep receipts 18,000 as native lambs open stronger. fat sheep and feeder lambs firm with packers bidding up to around 8.50 for select lots.
Livestock receipts at East St Louis totals include 1,505 cattle with steady to higher westerns, 10,000 hogs with steady to lower prices, and 1,700 sheep showing slower demand. assorted prices across cattle hogs and sheep reflect regional activity, with notes of highs and lows for fed steers, bulls, and yearlings. Other markets in Omaha and Kansas City show similar mixed trends with varying top quotes and demand levels for beef, hog, and lamb categories.
At the American Farm Bureau Federation convention in Atlanta November 21 to 23, two noted Iowans will speak. Secretary of Agriculture Henry C. Wallace will address the gathering, joined by Senator William S. Kenyon who will discuss agricultural blocs and their influence on national affairs.
Markets show mixed activity as shorts press prices at the open. Sumatra and Tobacco Look fall after a quarterly dividend, Mexican Petroleum slips while Pan American Petroleum gains. Rail, shipping and specialty stocks such as Delaware, H avanna & Western, Southern Pacific, Reading second preferred, Atlantic Gulf and Sears Roebuck retreat. Early forex hints at a broader advance, but selling broadens before noon hitting tobaccos, steels, equipment and European oils. Overall, activity remains irregular with little sustained momentum. Potatoes steady with receipts and shipments detailed for Minnesota, North Dakota, Wisconsin, Idaho and South Dakota markets.
Telegraph briefs report a fire at Yopia Michigan destroyed the administration offices wardens residence and all books at the Michigan state reformatory. Other items note Gov McCray refusing a requisition for David Rabb West Virginia tax talks in Washington and a traffic disaster in Paris with rail deaths.
Des Moines reports a forecast of reduced coal output in Towa for 1921. L. E. Stamm of the state mine inspection dept says total production may total about 5,060,000 tons versus a normal 5,990,060. He notes demand and freight rates, with 1918 14,563 workers across 229 mines and 1919 12,886 workers from 225 mines.
Town Falls Iowa Oct 4 C H Culley a well known business man died at his home after years of poor health He bought the Colley Variety Store from M C Scranton and ran it in his own name He was advanced in years and survived by his widow and several children The body was taken to Marshalltown for internment Barleycorn victim fined Jim Murray fined $25 40 and costs for barleycorn intoxication plus other minor penalties revived in police court
Penn College will observe Penn Day in Oskaloosa with a William Penn pageant led by Josephine Johnson. Albert J. Brown will give the morning address, classes host picnics, and a 1:30 p.m. pageant on the back campus precedes a 3 p.m. Penn Drake game at Penn field.
Oelwein Iowa Oct. special meeting begins Sunday under evangelists Foster and Afterburn. Mrs Ora J. Johnson and A L Hockings, both of Oelwein, wed Tuesday Oct 4 at Independence Presbyterian manse. They will reside 820 South Frederick. M V W McMillan called to Quasqueton by ill mother. HS Carr of Iowa Aircraft visits Oelwein and the flying field. Farewell party Friday at M E church for Dr and Mrs Worth moving to Marshalltown. Church of Christ annual meeting elects officers: Elders John Robinson Ed Wine J W Stohr C Sexton. Deacons S M Andrews L A Bunt J J Baldwin Bert Schrack C Steckweil A J Huebner O A Potter Frank Wilder. Deaconesses James J W Stohr A J Huebner C E Sexton. Financial Secretary L A Hunt. Treasurer S M Andrews Kierk Mrs Thomas Burnside.
Minneapolis dated report shows flour dropping to new lows at 745 per barrel, a reduction of 25 cents from yesterday. The price marks the lowest level since August 1916 for this grade of flour, reflecting market decline and mill quotations.
The tuberculosis building at the state hospital at Independence, funded by a $40,000 appropriation plus $15,000 added last winter, is under rapid erection. The 40 by 90 foot brick structure will serve 69 patients, with completion aimed for Feb. 1, though funding may delay finish. The article also notes a marriage at St. John's church and other local items.
Mr Fox and Mr Rabbit discuss ancestral tricks as rain falls. Rabbit presses for how Brer Fox escaped the well, prompting a tale of a clever chase with Brer Rabbit, Mr Man, and Mr Dog. The tale ends with a warning of dawn and a promise of continuation tomorrow.
A Los Angeles clipping reports California’s late September heat reaching 106 in Pasadena 110 in Riverside and 109 in San Bernardino with Pomona at 107 while schools closed early and the state faced a rare extreme in otherwise mild autumn terms. The piece contrasts ideal weather in old towns with the extreme heat in major cities, noting the irregular climate.
Henry A. Snyder reports a Climatic triumph in October with raspberries from overbearing bushes and wax beans from seeds sown last April. Mrs Snyder and F feasted after the first July crop as blooms and berries followed.
Rural readers are invited to address questions and communications to the Editor Farm Department of the Evening Courier and Reporter in Waterloo Iowa. Contact by mail or phone 3339 for farm policy discussions and agricultural tips.
The fourth annual convention of the Iowa State union of the American Society of Equity closed without disruptions. Delegates adopted a cooperative stance, voting to work with other farm groups on purchases but not absorb them, while criticizing county agents and preferring county agent selection by farmers. Officers retain the same leadership. resolutions urged withholdings on market grain, tax reform, highway funding limits, and stronger farm representation on markets and policy with emphasis on opponent to centralized highway control.
Jesup Iowa on October 6 reports the local farmer’s creamery set a new August butter production record at 46,810 pounds. Total patron payout reached 19,605.27 dollars, about 0.42 per pound, with patrons listed among the top recipients including Cook and Fenson, George Alexander, Fay R. Laird, William Amfahr, J C Glaser, and others.
Hudson, Tay Oct 6. The first lot of feeder cattle arrived in Hudson after being shipped from the South St. Paul market by Jim Meynard. He and Sam Watters traveled to the Twin Cities last week to select the cattle.
The Ames, Iowa State College swine judging team took third in the national college students contest at the national swine show in Peoria Illinois on Monday. Coach P S Shearer led the Ames squad with F G Lundblad of Lawten, the high man, fourth in the individual standings. Nebraska won the contest with 2400 points. O M Krueger and Paul McDill placed second and third individually. Ohio State placed close second with H W Baumgartner atop the individual count. Purdue finished fourth as D Bugh ranked sixth nationally. Judges noted the contest was the closest of all and many schools could not attend due to travel costs and time.
In Black Hawk township Mrs Bar Sergeant harvested a 50‑ft backlot patch yielding over five bushels of sweet potatoes. The largest tuber weighed five pounds. This local record highlights her success as a top grower in the area.
Simons Day Co announces transfer of all open grain and provision trades on the Chicago Board of Trade to Barol Bros. The open grain trades total about four million bushels. Charles Baker states the move is voluntary to avoid potential future pressure. The firm will liquidate cotton and stock trades on the New York exchange gradually and assign cash grain trades to a local firm.
In October John Martin returned from the Omaha livestock market with a load of fancy feeders. A two car consignment of fine timothy hay, one of the biggest shipments from Clarksville, was sent to the Chicago market by Fred Miller. Santos-Dumont’s first European flight on October 23, 1906 covered 266 feet.
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