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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Sep 13, 1919
Page
13
The 1919 crop led to lowest corn prices Chicago records with September and December futures slipping as traders adjusted to postwar and new crop basises. Cash quotations show varied prices across corn oats and white and yellow kernels in Chicago Kansas City and Peoria with mixed declines and limited rallies amid weak grain provisions.
Prices for creamery butter rise while extras hold at 58 58 and 57 1/2 cents in New York. Cheese, milk, and egg products show varied quotes at state and national packers, with receipts listed in tubs and cases. Poultry markets display steady to lower quotes for alive birds and dressed varieties in Chicago and Kansas City summaries.
Weekly grain review from Chicago notes unexpected government corn yield estimates bearish the market. Prices drop 8 to 1 percent as oats slump over 24 percent and provisions fall. Steel workers’ ultimatum and looming stockyard strikes amplify declines, while oats show mixed reaction to forecasts.
Chicago and Omaha market notes show hogs trading higher by about 25 cents while cattle mostly eased. Receipts run around 1,500 in Chicago with varied quotes for hogs from light to heavy grades and packing sows. Cattle receipts near 2,000 with western steers and heifers mostly lower and stockers down. Sheep receipts about 4,000 with fat lambs higher but other sheep mostly steady. An Omaha report mirrors weaker cattle but firmer hogs with specific price ranges for different hog classifications and limited stocker movement.
Sioux City market reports strong receipts in hogs and cattle with mixed prices for beef steers and fat cows. Hogs top at 17.25 with bulk 16.50 to 17.00, cattle receipts 600 steady with beef steers 12.00 to 17.00 and cows 9.50 to 12.50, calves 7.60 to 14.40, sheep 3,000 with weak demand. St. Joseph reports hogs 1,500 steady top 17.25 and cattle 200 mostly steady with steers 8.00 to 17.00 and calves 0.00 to 17.06. sheep none or lambs 3.00 to 15.50.
Stock market notes show Potators and Wisconsin issues with prices and car counts, followed by a New York coffee futures snapshot. The clearing house statement reports reserves $45,051,280 above legal requirements, up $13,655,080 from last week. London silver and US weathered notes appear, plus a Watertown Iowa public works itemizing sewer and paving projects with line-item costs and credits.
Official council session notes show Mayor Thompson presiding with councilors Brown Burk Link Manning Ogle present and Lecner absent. Communications from city engineer and Chicago electrician association received and filed. Stock market tone noted with gains in rails and various sectors, while labor situation influences lingered. Various contractor bids and sewer project items discussed and approved or referred, including awards to Dearborn Construction and Moore-Sieg Construction companies.
Kansas City livestock receipts show 1 250 cattle for the week with mixed changes across classes. Cattle markets: steer and heifer prices mostly steady to lower, veal calves up to 40 cents higher, heavy calves 50 cents lower, stocker and feeder steers down 25 to 50 cents. Sheep and lambs: receipts 6 000 for the week with fat lambs and yearlings steady to higher, wethers and ewes advancing modestly. Pigs, sows, and other swine show slight declines in most categories.
East St Louis market reports hog receipts at 3,000 with prices up to 18.25 top and 16.75 to 18.00 bulk. Hog grades vary from hemmed to heavy, packing sows and pigs listed with prices. Cattle receipts 1,400 with no sales. sheep receipts 160 with no sales.
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