The Mason City Globe-Gazette from Mason City, Iowa on March 14, 1934 · Page 14
Get access to this page with a Free Trial
Click to view larger version
March 14, 1934

The Mason City Globe-Gazette from Mason City, Iowa · Page 14

Publication:
Location:
Mason City, Iowa
Issue Date:
Wednesday, March 14, 1934
Page:
Page 14
Cancel
Start Free Trial

Page 14 article text (OCR)

^ MASON CITY GLOBE-GAZETTE MARCH 14 1934 Debtor-Creditor Meeting Seeks Debt Conciliation Stale and Federal Officials Meet With Committees HOG MART SHOWS SEMBLANCE OF STRENGTH From 14 Counties. Representatives of creditor and ' debtor interests from 14 North Iowa counties met at the Mason City T. M. C. A. Wednesday morning for an all day discussion of the problems inherent in their relationship. -' The meeting was sponsored by the Iowa farm debt advisory council and called by Prof. W. G. Murray of Ames, state chairman of that body. Others on the speaking program included Alvin T. Anderson of Washington, a representative of the federal farm cfedit administration; Merritt Greene of Des Moines, assistant chairman of the Iowa debt council; Mr. Baird of the federal - land bank in Omaha, and Ray Murray' of Buffalo Center, state secretary of agriculture. Each County Has Committee. The gathering consisted of county agents from each of the counties and of local committees, consisting of five members'from each county. Organization of each county, with a chairman, vice chairman and secretary, and plans for subsequent meetings of these units to meet local situations weffe the principal business of the conference here. Both Mr. Greene and Mr. Mur- ray in their opening addresses made " it clear that the project is in no sense confined to a scaling down ol farm debts: "It is rather," said Mr. Greene, "an endeavor to.get creditors and debtors together on a settlement, adjustment or arrangement of some kind, mutually agreeable. It isnt suggested that there be a scatag .down of amply secured indebted- Two Major Methods. - Mr. Anderson suggested there are two approaches, or practical methods for distressed cases involving farm debt relationship, as "1 Refinancing through the FLB, which in'effect transfers the farmer's indebtedness from his present list cf creditors to new creditors, ' namely, the farmer-stockholders "and bondholders of the FLB. "2. Reorganizing the debt through a definite agreement, usually involv- ' ing an extension of time, with the farmers present creditors." £ach Case Unto Itself. "The particular method that may be used," he added, "depends upon the merits of each particular case. that If the present creditors desire to £ ; et out,' that is, if they want the cash, they will prefer the first method If they think the farmer is good and the security is good, they often prefer to effect some kind of extension' agreement. "The function of the county com- mittees is not to say how distress\ ed cases should be settled but rath- T.- Bradiield. \r to bring about settlement by ·' -' -'· - -- -air]--crafitors~rcF- ----"Ti HOLD PRIMARIES IN 4 IOWA CITIES Lewis and Crouch Selected as Nominees by Voters at Des Moines. DES MOINES, March 14. Ca)--At least four Iowa cities nominated council members yesterday. On the basis of complete unofficial returns, Des Moines voters placed tie following persons on the ticket for the election March 26: For mayor--Mayor Dwight N. Lewis, former Mayor Parker L. Crouch. For commissioner of finance-Roy Welch and Margaret Medbury Blackburn. For commissioner of streets^Superintendent John MacVicar and George M. King.- For commissioner of public safety--Superintendent Roscoe Bans and Oscar Powell. For commissioner of parks--Superintendent Pete Welsh and Mrs. Bert McKee. Cedar Rapids. ·In Cedar Rapids the nominees are: For mayor--Mayor W. H. Stepanek and W. J. Neffl. For commissioner of finance-Louis D. Burgus and Wes Robovsky For commissioner of public aafe ty--Dan Kruidenier and John Cook For commissioner of parks--Ed Stefan and Ed Sheftic. For commissioner of streets-Louis ZUca and Ed Hahn. Keokuk Votes. At Keokuk the three incumbents .Mayor Frank A. ·Willmering ani Commissioners Paul F. Coombs am Harry L. Ayers, were reaominatei in a very light primary vote. Their opponents will be Dr. Fre VV. Long, a former mayor and Har old C. Kiser and Harry Dietz. Judge W. L. McNamara for year judge of the superior court will b opposed in the finals by Fran! W. Ortel, a justice of the peace. Burlington Primary. All present members of the Bur lington city council were renomin ated. The nominees (incumbents first) are: For mayor--Thomas J. Smith an E. G. Marquardt. For finance--France N. L'apoin and William Zurmuehlen. For public safety--Harvey Jaege: and Charles G. McElroy. For streets--Henry C. Wegener and Charles G. Rolf. For parks--E. A. Niehaus and W ' - "Thirty state governors have responded to the FCA request to set up such agencies throughout the states. More than 1,400 of the some 2 000 counties in the United States Have county conciliation operating. Committee Personnel listed. ' In Iowa the mechanics ol the ·project is under the state department of agriculture, with the major appointments made by the governor and Secretary Murray. The county committees represented here Wed- included the following ^.^ Gordo--Dan Edgington, Sheffield; Reuben Holman, Rockwell; Joe Wharam, Mason City; Sam Kennedy, Clear Lake, and Barney Dougherty of Dougherty. Floyd -- Joe Baughey, Springs; Earl Winter-ink, nesday names: Cerro Nora Charles City; J. H. Galvin, Rockford; Earnest Hausberg, Charles City; H. B. Schrader, Rudd. Franklin--B. C. Marts, Hampton; D J Atkinson, Sheffield; A. L. Savage, Geneva; Nels Ladegaard, Coulter/and John Ammann, Geneva. · " Butler--Herman Hunt, Clarksville; -Claire Wilson, -Dumont; George Weinberg, -Plainfield; W. S. Austin, Dumont, and E. N. Neal, Shell-Rock. Hamilton--J. E. Bernstedt, Webster City; George Bergren, Stanhope; John Fitschen, Blairsburg; O. K Herrold, Jewell; Frank Lund. Webster City; Charles Caruth, Ellsworth. ; Hancock--T. R. Riehm, Garner, Virgil Cook Goodell; John Chambers Corwith; Elmer Brocker, Forest, City; J. J. Bonstetter, Corwith, A. L. Barker, Britt Hardln--Wilson Hadley, New Providence; G. C. Kinney, Buckeye; Otto Littschwager, Alden; Elmei Olson Iowa Falls; Henry Gehlham, Steamboat Rock; I. A. Nichols, Iowa Falls. Humboldt--Leonard Holden, Ottosen; Abel Anderson, Rutland; M K. Fry*, Eagle Grove; A. H. Stoebe, Humboldt; Willard Edwards, Humboldt. Kossuth--W. A. Murray, Bancroft; N. A. Smtih, Algona; Emil Anderson,. Luverne; Gottlieb Blelch, Burt; Bert Coder, Lakota; Ed Edwards, Otteson. Mitchell--P. C. Behma, Orchard; Eurchard Brusu, Osage; Victor Fessmeyer, Riceville; J. P. Hansen, Otranto; · Charles Conway, Osage. Webster--P. J. Mitchell, Fort Dodge; S. E. Hovey, Badger; Warner Larson, Gowrie; Jones Fitzgerald, Duncombe; Lars Moe, Somers. Winnebago--N. K. Anderson, Thompson; Tom Hayes, Forest City; John Osmundson, Thompson; Frank Murray, Buffalo Center; Ralph Nelson, Forest City. Worth--Carl Granskou, Joice; 'Hillman Gaerder, Kensett; Carl Sheimo, Fertile; Chester Doebel, Manly; H. B. Log-eman, Manly. Wright--Hjalmer Jansen, Holmes; William WobbelWng, Dows; Magnus Hansen, Goldfield; Gerhard Hanson, EaaJe Grove: W. J. Hagie, Clarion. BAKER, TRANSFER TEAMS TAKE WIN! (Continued From Sports Page) Zander of the Cleaners scored 4 bas kets and a like number of fre throws If the State Brand cagers ha been able to cash in their free at tempts, the outcome of their con test with Diamond Bread migh have read differently. Out of 11 al tempts, 2 were set in the hoop. Ce Connelly scored 3 baskets and 2 fre throws for the Bakers, Tompkin added a pair of each, and.B. John son gathered 3 baskets for Stat Brand, besides a free attempt. Rho also score 3 State Brand goals. Bakers Go in Third. The first- quarter ended with th count at 4 to 4, but the Bakers too a slim margin of 9 to 6 at th« half and went ahead to a third quarte rush that set them up at 21 to ! A big bid by State Brand fell short, and. the 25 to 20 count remained at the end. It was announced Wednesday morning that all players who were participants in the regular league WHEAT GOES UP, THEN SUBSIDES 'urchases Mostly in Small Lots; Close Unchanged to Shade Lower. CHICAGO, March 14. UV-Aided y increasing reports of bullish rop conditions, wheat values moved upward today, but purchasing was mostly in small lots, and later the rise subsided. Weakness of the Winnipeg wheat market acted as a drag on prices here. Another weight on the Chica- jo wheat market was spreading ransactions between Kansas City and Chicago, with the buying done at Kansas City and the selling done here. Wheat closed easy, unchanged ower compared with yesterday's Produce MASON CITY, March 14.-Cash quotations b; E. G. Mora* Eggs (current receipts) 13c Heavy hens, 4% Ibs. and over . .lOc Light hens 6c prings (heavy breeds) lOc iprings (Leghorn breeds) 6c tags 6c Old cocks (heavy) 5c Jucks " c Geese · 6c Turkeys, No. 1 13c HerchaaM Quotattans Iggs, cash :,..13-14c* Eggs, in trade 14-16c» Butter, Plymouth 33c Jutter, Clear Lake Sutter, State Brand Sutler, Very Best Jutter, Dairy Maid i. Home grown potatoes, peck finish, May 88%-%, July 88%-%, down, May 51-51 H. July 52%-53, oats % off to % up, and provisions unchanged to an ad. vance of 2 cents. CHICAGO CASH GRAIN CHICAGO. March 14. Llv-Whcat. No. 1 tord, 901S; No. 2 Hard, 89,i to 89%; corn, No. 2 mixed, 49% to 49?;; No. 3 mlied 49%; N. 1 yellow, 49U to 50: No. 2 yel- ow (old). 51; No. 3 yellow, 48% to 49%; No. 3 yellow (old). 50 to S0?i; No. 4 yel- ow, 48: No. 4 yellow (old), 50; No. 2 white, 52 to 52%; No. 3 white, 51%; oats No. 1 white fancy, 39; No. 2 white. 35it; fancy, 38; No. 4 white, 33 % to 33 S: m rye; barley, 50 to 81; timothy need, $7.25 to $7.50 a cwt.; clover seed, $11 to $14.75 a cwt. Lard--Tierces, 16.50; loose lard, $6.45 bellies, 18.12. MasonCityGrain MASON CITY, March 14.-Barley ..................... 30-45i No. 2 yellow old shelled corn... 36' No. 3 yellow new shelled corn. . .35 No. 3 yellow ear corn White oats, NO. 3, so IBS., or better .................... 32 WEDNESDAT GRAIN CLOSE * CHICAGO, March 14. UP!-WHEAT-- May July Sept CORN-May July Sept OATS-May July Sept RYE-May July Sept. BAELET-- May July LAP.D-- May July sept BELLIES-May July High .$ .69'i .51% .34 V, .35 Vi .33!4 .60% .G2 .64 $ .88',i .88 » .51 .52T4 .54% .34 ii .35 ".35 .33 S .00» .8311 Clog $ .88 a .86 \ .6071 .6354 .46% .48? 6.67 6.70 6.92 S.10 6.35 ·WEDNESDAY CHAIN OPEN CHICAGO, March 14. UPI-- WHEAT-May July Sept CORN-May July Sept OATS-May July Sept RYE-May July Sept BARLEY--. May July LARD-May July Sept · BELLIES-May July Open Today .511.4 .53H .55 .34 U .35 . ·SIS C.B2 Close Yesterday .88% -88% .51 Vk .53 !i .34% .34Ti .35 6.65 6.70 6.80 8.10 8.35 Yr. Ago Bank .30c ..32c ..32c ..30c ..30c ·EDITOR'S NOTE--Thene representative quotations were obtained by calling several downtown grocery stores. CHICAGO PRODUCE CHICAGO, March 14. Wl-- Butttr 6,047. weak; creamery specials (93 »core) 24110) 25c: extras (82) 24c; extra tlrsts (BO-91) 23H®)23%c: UraH (88-89) 22.4®22«c; seconds (86-87) 21%c; standards (90 centralized carlo!!) 2-lc. EgB» 18,852, firm; extra firsts cars 17%c, local 17Jc: fresh graded firsts cars 17 %c, local 17c; current receipts 16 %c. CHICAGO POULTBV CHICAGO, March 14. UR-- Poultry, live 20 trucks, steady; hens over 5 Ibs. 13c. 5 Ibs. and under 14c; Leghorn hens 12%c Rock broilers 24®26%c, colored 24c, Leghorn 21c. barebacks 19c; Rock springs 17® 19c. colored 17c; Leghorn chickens 13c roosters lOc; turkeys ll®18c; ducks 16© ISc; geese 12c. PRODUCE FUTURES CHICAGO, March 14. UP) -- Egg futures closed; Storage packed firsts, March, 1 storage packed firsts, April, 18=4; refrlser ator standards, Oct., 20%. Butter futures closed: Storage standards March, 225i; storage standards, Nov. 24 '.i. (No potato futures.) "EW YORK PRODUCE ·NEW YORK. March 14. 1/11-- Butter; 13. 104 weak. Creamery, higher than extra 24~i to 25%; extra (92 score), 24%; firs (87-91 scores). 23% to 21%; seconds, quoted; centralized (90 score). 24. Eggs -- 37,466. Irregular. Mixed colors firsts, 17£; seconds. 16-?i; other mixed colors unchanged. KEW XORK FOUI/TRi: NEW YORK. March 14. Wl--Dressed poultry, quiet and steady; fowls, fresh, 1! to IS; other grades unchanged. RECEIPTS LESS THAN ESTIMATED Vices Called Steady to 10 Cents Higher With Top Still at $4.55. CHICAGO, March 14. UP)--The hog market showed a semblance of trength today when loadings were jut sharply by producers. Receipts were only 15,000 when 20,000 had been estimated yesterday. Prices were called steady to 10 cents higher, although the top stoodsat.?4.55, unchanged from yes- :erday's extreme peak. However, several loads were sold at the peak ;oday. The bulk of hogs on sale went at ?4 upward. Outside markets also cut receipts to near last Wednesday's levels and somewhat under the 'supplies of a year ago. Trade was slow with prices ranging from steady to 10 and 15 cents higher. Cattle trade was mostly steady. Immediate requirements were not iroad enough to bring a decided upturn to values. Best yearlings topped at $7.60 with heavy steers as high as $7.35; it was mostly a $5.50 to ?7 market. Sheep were slow getting under way. Holders were asking strong to tiigher prices and holding best fat lambs at $9.75 and above. Most bids were steady at $9.50 to $9.60. Indications pointed to steady trade later as supplies were fairly liberal. HIDES, WOOL Quotations furnished by Wolf Bros. Inc., 308 Fifth Street Southwest HIDES Horsehides $1.7 Cured eef hides 5%c Green beef hides 4c WOOL No. 1 clean bright 24e Ib Semibright 23c !b Rejects 19o Ib WOOL MARKKT BOSTON, March 14. LVI--IV. S. depart ment of agriculture)--A very small num her of houses transacted business on woo! The finer grades of western grown \voo received the bulk of the call. A small uuan tlty of strictly combing 64's and finer Stan! territory wool moved at 86 to 88 cents scoured basis. The bulk of the demand however, ran to the shorter staple of thi grade at around 80 cents, scoured basis for clothing and at 81 to 82 cents for shor French combing. Lamson Brothers Market Letter Hog Markets MIDWEST HOOK Hog prices In midwest markets Wednesday: OEDAK JIArlDS--Hogs and corn unchanged. WATERLOO--Prime hogs 180 to 260 lb«. J3.90if3.90; 260 to 300 Ibs. !3.M)i!!3.80; 300 to 325 Ibs. $3.35fi3.65; 325 to 350 Ibj. i3.25Sf3.55; good packers |3.15®3.35. OTTHMWA--140-160 Ibs., $2.50; 100-180 Ibs., J3.50: 180-220 Ibs.. H.00; 220-240 Ibs., 14.05! 24U-260 Ibs., S4.05; 280-280 Ibi., $3.95; 280-310 Ibs., $3.85; 310-350 Ibs., $3.70; over 350 Jbs., $3.30 to $3.60; packers under 350 Ibs., S3.15 to $3.15; packers, 350 to 450 Ibs., $3.05 to $3.35; packers over 500 Ibs.. $2.55 to $3.15; thin packers, $2.40 and down. DES MOINES --Unchanged; 120-100 Ibs., $2.25 to $3: 160-300 Ibs., $3 to $3.75; 300400 IbS.. $3.25 to $3.40. AUSTIN--Choice light lights 140 to 100 Ibs. $3.15; choice lights 160 to 180 Ibs. $3.50; choice medium 180 to 250 Ibs. $3.90; choice heavy butcher 250 to 280 Ibs. $3.83; 290 to 350 Ibs. $3.70: 350 and up $3.50; choice packers 275 to 350 $3.25; 350 to 425 Ibs. $3.15; 425 to 550 Ibs. and up $3. I STOCK MARKET HOLDS ITS OWN Appears in Good Mood to Rally but No Real Gaini Made. NEW YORK, March 14. UP)-The stock market appeared in the mood to rally today but a quiet demand for rails, utilities and specialties failed to impress the general list. Late dullness encouraged mild | g ri £ t0Ct ' profit taking after forenoon im-1 sarnsdaii Stock List NEW YORK STOCKS By The Associated Press) Final Quotations on March 14. Air Reduct 97'A Johns Manv Allegbany 3% Al Ch ft Dye 150 Am Can 100% Am For P 10% Am Pow * Lt 951 Am St Fdrs 2151 M H, 120 « 70 « 21 Vi 57 S 20 li 20 «i 87% 32 S Am Sug A T A T Am Tob B 1 Am Wit Wks Anaconda Atchlson COMBINED BOO RECEIPTS DES MOINES, March 14. I/I 1 )-- U. S. epartment of agricultureJ-^Comblned hog eeeipta at 22 concentration yards and 7 Backing plants located In Interior Iowa and outhern Minnesota lor the 24 hour period nded at 8 a. m. today were 12,200, com- ared with 13,500 a week ago and 25,700 year ago. Moderately active, mostly steady, but a ew bids 5 to 10 cents higher than early Tuesday; loading for Wednesday Continued Quotations follow: Good and choice light hts, 140-160 U.S., J3__ to M.7=:_Jlght 5 cents higher; top $9.35 on three double Mason City Livestock MASON CITY, March 14.-- 1IUOS Unchanged. Best sorted lights 200-240 $3.90 Best medium weight butchers 240-260 $3.80 ;est heavy butchers ... 260-300 $3.70 E'est prime heavy butchers .. 300-350 $3.60 Best packing sows, smooth .. 300-350 S3.20 Best heavy sows, smooth ... 350-400 53.10 Best big heavy sows, smooth 450-500 $3.00 Light lights, fair to good. (140, 160, 180) ,'. $2.80, $3.30, J3.30 OATTLE Choice young steers ,. 900-1,000 54.75-5.ao Medium to good yearling steers .... 900-1,000 M.75-4 7a Choice corn led steers 1.000-1,200 $4.50-5.25 Medium to good corn fed steers 1,000-1,200 $3.75-4.50 Low grade steers .. $2.50-3.50 Fair heifers 600-800 S2.75-3.SO iood heifers 600-800 J3.50-4.00 Choice to prime heifers 600-800 $4.00-4.50 Butchers cows, fair to good . .S2.00.2.50 Good to choice cows ....,, 52.50-2.75 Choice to prime cows J2.75-3.00 inferior canners 75.1.00 Fair to good canners Sl.25-1.50 Good cutter cows 51.50-2.00 Common to fair hulls $1.75-2.25 Fair to good heavy bulls S2.00-2.25 Good to choice bulls S2.25-2.75 Good to choice calves, 130-190 54.50-5 00 Medium to good calves, 130-190 53.50-4.50 inferior and common caives . - $3.00 down LAMBS Choice lambs 70-90 S7.75-8J5 Medium to good lamtra ... 70-90 $6.75-7.71 Buck lambs $1 under grade. Quotations subject to market fluctuation] games of season would be admitted free to the bleachers on the main gym floor at the Y. M. C. A. for tournament games. THE LINEUPS BFLLMAK'S--44 MABSKALt- « ft 1 SWIFT--33 3 2 3 3 0 3 Zander f 5 0 1 Tracy f 5ITXNEAPOIJS GRAIN MINNEAPOLIS, March 14. tin--Wheat --83 cars. 49 a year ago. Unchanged. Cash--No. 1 northern, 87% to 90%; K. dark northern, 15 per cent protein, 88 j 91K; 14 per cent protein, 8S%4 to 91%; 3 per cent protein, 8811 .to 91%: 12 per cent protein, S8VI to 9114; No. 1 dark hard Montana, 14 per cent protein, 88% to 91%; o arrive, SS54 to 90«; No. 1 amber durum, l.OS'A to $1.14%; No. 2 amber durum, 1.07V- to Sl.13^ 1 : N. 1 red durum, 84% o 86%; May, 85%; July, 85%; Sept., 15%. Corn--No. 3 yellow, 43 to 44. oats--No. 3 white, 31% to 32%. Cordle f Suter f -Brouwer c Farrer c Brady s Crabb * Bllunan 5 1 1 5 1 Mathlason t Gllpin c Murray e Coon K Zlegler f f S ft f 4 4 0 0 0 3 1 0 0 3 1 0 « 3 2 0 3 0 1 3 1 1 * Technical fool. 20 116 Totals 1111'9 DIAMOND BREAD--33 Cookman f Boyer f Davis f-s Connelly e Toropklns K Isaacson f Totals tf K 1 1 0 1 1 1 3 1 0 2 3 2 1 Z % 1 i 0 0 STATE BRAXD--20 »*ft f B. Johnson 1 3 1 3 lUioll t 3 0 4 W . Johnson f i l l Schaper Lw x Ixfterbonr 0 0 0 0 0 1 2 0 0 10 i 9 Totals Maine Iowa Slat Heads. IOWA CITY, March 14. Robert Larson, Fort Dodge, and Earle Kielhom, Cherokee, have been named co-captains of the University of Iowa wrestling team for next year. Both are to represent the Hawkeye institution at the national collegiate championships at Ann Arbor the last of this month Interclass Meeting at Dumont Won by Seniors DUMONT, March 14.--The class tournament for high school basketball teams ended Monday noon with victory for the seniors. Scores were as follows: First round, seniors, 16 juniors, S; sophomores, 25, freshmen 6; finals, seniors 8, sophomores, 7 The score at the half in the finals stood 6 to 0 in favor o£ the sop6o mores. KANSAS CITY GRAIN KAJSSAS CITY, March 14. uri--Wheat-- 13 cars; unchanged to Si cent higher. No. 2 dark hard, 87; No. 3, 86; No. 2 hard, 82% to 83S; No. 3, 81K to 87',i nomnal: No. 2 red, 52 a ^ to S6 nominal; No. 3, %. Corn--16 cars; Vi cent lower; No. 2 white. . % ; bllluing, 47%; No. 3, 46 to 46% nominal; No. 2 yellow, billing, 46U; No. 3, 5% 'to 4G?i nominal; No. 2 mixed, 45%; N'o. 3, 45 to 45% nominal. Oats--No receipts; nominally unchanged. 2 white, 33% to 34 nominal; No. i to 33*4 nominal. OMAHA GRAI.V OMAHA, March 14. UP)---Wheat, dark hard, No. 3, 83%; hard, No. 2, 83; No. 3, 82; No. 5. S0%. Corn--White, No. 4, 43S: yellow, No. 1, 43%; No. 2, 43. Oats--No trading reported. Miscellaneous rOTATO MARKET CHICAGO, March 14. UPI--U. S. department of agriculture-Potatoes 130, on track 378, total U. S shipments 947; old stock, weak, supplies liberal, demand and trading alow; sacked per cwt: U. S. N o . l , Wisconsin round whites few sales $1.60Q1.70; Idaho russets mostly S1.905P1.95: Colorado McClures burlap sacks 5202.05: cotton sacks $2.109 2.I2S; Minnesota Red Klver Chios $1.63 SJ1.75. MINNEAPOLIS 1-XOCR MINNEAPOLIS, March 14. UFl--Flour unchanged. Shipments. 26,132. Pure bran, $19 to $19.50; standard middlings, $17.50 to 518. NEW YORK SUGAR NEW TORK, March 14. (.P)--Raw sugar unchanged today at 53.15' for spots. Futures two points net lower. Refined unchanged at $4.50 for fine granulated. TOLEDO SEEDS TOLEDO, Jiarch 14. C-Pf-- Seeds changed. jrARKET REVIEW i CHICAGO, March 14.--WHEAT--Bullish i sentiment in wheat, resulting from the improved tone in stocks and the moisture situation- in the southwest was tempered by a weaker tone at Winnipeg. The latter market was under the Influence of continued discouraging export demand and belief that one source was continuing to sell wheat on anything In the way of a bulge. Consequently our market failed to hold an advance of the morning which put July at a new high since Feb. 16, the close leaving prices about where they were yesterday, with the undertone firm. Private reports from both the southwest and northwest indicated a decided lack of -subsoil moisture over wide areas and more or less apprehension was noted in trade gossip as to ths outcome of the crops. There was nothing more out of Washington as the trade saw It. to Influence operations on either side, hut the belief was fairly general that were It not for the uncertainties in that direction, that a much arger interest would be seen in wheat on account of the prospective crop scare. CORN--Interest was limited. The undertone most of the session was steady, although prices eased off at the close. The government report on intentions to plant win be issued tomorrow afternoon and it s awaited with unusual Interest as It may indicate how the proposed com produc- lon control plan is working out. Argentine corn, presumably for March arrival, was quoted in Liverpool today at 60c a bushel, up over 4 cents from yesterday, but the March delivery in Rotterdam was slightiy easier. Bookings today. 45.000 with seller offerings slightly above the market. Cash sales, 32.000. The winter wheat prospects and Washington uncertainties present sufficient Influences to keep the market in a nervous state for the time being. Butter -- Declines were again general today on all grades of fresh butter, while storage remained unchanged. Eggs--The cash market at the time the spot board closed was firm, with quotations up Vt to 1 cent. Comment--It would seem' that at least a temporary low has been reached for butter and a temporary high for eggs. Would prefer to buy either on any good setback- Government League ,at Dubuque Selects 5 Council Candidates DUBUQUE, March 14. (/T)--Five candidates for council seats at the city election to be held here Monday, March 26, were chosen today by the Good Government league, They are: M. R. Kane, present mayor under the city manager plan of government, Ardenal Thompson and Peter Schiltz, representing o r g a n i z e d labor, Frank M. Jaeger, retired hardware dealer, and John K. Chalmers, an attorney. ghts, ights. 160-180 Ibs.,'$3.50 to $4: 1SO-200 hs., $3.90 to $4.20; medium weights, 20020 Ibs. J3.90 to 54.20; 220-250 Ibs., 53.85 o $4.20; heavy weights, 250-290 Ibs., 53.75 0 54.20; 290-350 Ibs.. 53.50 to $4.05; good and choice pigs, 100-130 Ibs.. unquoted; good packing sows, 275-350 Ibs., $3.25 to :3.60; 250-425 Ibs., $3.10 to S3.50; 425-550 bs., $3 to $3.35. leeks. OMAHA LIVESTOCK OMAHA, March 14. (.Tl--(U. S. depart- lent of agriculture)-- HOGS--9,000; active o small interests; 10 to 20 cents higher than Tuesday; good to choice 200-300 Ibs., .4.10 to $4.20; top. $4.25: medium grades not moving; 300-350 Ibs.. 54 to $4.10; scat- erlngs 140-190 Ibs., $3 to 54; pigs, 51.75 o $2.25; few slaughter offerings, $3: pack- ng sows, 53.45 to $3.60; most sales at 53.60; stags, $2.75 to $3.25. CATTLE-- 7.500; calves, 300; fed "leers and yearlings, uneven; light yearlings and mixed yearlings moderriely active. fu!ly steady, most to shippers; other steers slow, weak; heifers active, strong; cov«, fully teady; bulls, 10 to 15 cents higher; veai- ers steady; stockers and feeders, scarce; ed steers and yearlings mostly $5 to $6.25; big weights, 1347 Ibs., 55; weighty steers. 1356 Ibs., $6.50: yearlings, $6.00; some held higher; heifers. 54.50 to $5.50: around 1,000 Ib. weights. 55.85; 625 Ibs., $6; beef cows $2.75 to $3.50; odd head 53.75 to 54; cutter grades, $1.50 to $2.50; medium bulls mostly $2.75 to S2.S5; practical top veal- rs $5.50; odd head selects. $6 to $6.50. SHEEP--12.000. including 450 head direct- salable supply. 49 loads wooled lambs, me load clipped lambs, around five cars ultable for feeders and shearers; lambs opening slow, early bids. 15 to 25 cents ower- generally asking fully steady; feed- n c and shearing lambs strong: early bids ed wooled Iambs, 59 to $9.25; best held above $9.50- ewes eligible up to 55.50: mixed fat and feeding lambs up to $9; best hearing lambs held above 59.35. KANSAS CITY LIVESTOCK KANSAS CITY, March 14. I.TV--W. S. department ol a E riculture)-HOGS-3,000; 250 direct; fairly active, strong to mostly 10 cents higher than Tuesday's average; top $4 on choice 180-250 Ibs.; good and See 140-160 Ibs., $3.25 to $4.10; 60-180 provement of fractions to around a point. Liggett Myers B got up 2 points. Santa Fe, Douglas Aircraft, Consolidated Gas and General Motors were moderately higher. American Telephone eased a trifle. Transfers approximated 1,400,000 shares. Stocks and staples displayed no runaway tendencies today, but neither did they show any inclination to yield their steady to firm ^poai- bullish sentiment appeared to be tempered by caution. Washington developments, including efforts to settle various strike problems, apparently were the principal market influences. Bonds again advanced, a number of issues recording new highs for the past two years or more. Wheat did a little better and cotton, silver and rubber futures were about even. Foreign exchanges were again featureless. tions. Predominant Curb Market NEW YORK, March 14. UP)--Cross currents were visible In the curb market tbdaj-, but prices had a fairly firm undertone and some divisions made progress. Public utility shares were fairly active at moderately higher prices. American Gas and Electric and Northern States Power ''A'' rallied a point or two while Electric Bond and. Share improved less extensively. Pittsburgh and Lake Eric Jumped more than 2 points, reflecting early strength of rail issues on the stock exchange. In specialties. Mead Johnson and General Tire and Rubber firmed around a couple of points. * Metals were mixed. Oils and alcohols drifted narrowly. Beth Steel Bordcns Borg .Warner Can Pac Case Ches Ohio C N W C Gt W C Gt W pf C M St P * P CMStPP pt C E I ft P Chrysler Col O E Cmwlth Sou Cons Gas Cons Oil ContI Can Cont] Ins Monti Mot El Pow Lt Fox Film A Freeport Tex Gen Am Tram Gen El Gen Foods Gen Motors Gillette Gobel Gold Dust Goodrich Goodyear Gran Paige Gt Nor pfd Gt West Bug Hudson III Cent Int Hanr Int Nick Can I T T Bond Market CHICAGO LIVESTOCK CHICAGO. March 14. UPI--U. S. department of agriculture-BOOS 15.000 including 5,000 direct; moderately active, steady" to 10 cents higher than Tuesday; 180 to 300 Ibs. S4.40@-l.55; top 54.55 for several loads 200 to 270 Ibs.; 140 to 170 IDs. 53.5084.35; pigs 52.50® 3.25; packing sows S3.65@3.85; light light good and choice 140 to 160 Ibs. S3.50S4.25; light weight 160 to 200 Ibs. 54@4.55; medium weight 200 to 250 Ibs. S4.40@4.55 heavy weight 250 to 350 Ibs. 54.25(94.55 packing sows medium and good 275 to 55( Ibs. $3.50©4; pigs good and choice 100 to 130 Ibs. S2.50®3.50. CATTLE--10,000; calves, 2,000; largely steer run; strictly good and choice offerings fully steady early on shipper ae count; others unevenly steady to 15 cents lower with middle grades weighty bullockr showing most downturn; largely $5.50 to 5' steer and yearling trade with best lonj yearlings $7.60 and best weighty bullocks S7.35; others steady; slaughter cattle ant veaiers;- Steers, good and choice, 550-900 Ibs., 36.25 to 37.75; 900-1100 Ibs.. 56.25 to S7.75; 1100-1300 Ibs., 56 to 57.75; 13001500 Ibs., 55 to $6.50; common and medium. S4 to S6; heifers, good and choice, 550-750 !bs., 55.25 to 57; common and medium, S3.50 to 55.25; cows, good. $3.50 to 54.50; common and medium. 52.75 to 53.75; low cutter and cutter. 51.50 to $2.75; bulls (yearlings excluded), good (beef), 53.25 to $3.75; cutter, common and medium, S2.50 to $3.3$: veaiers. good and choice, J5 to S6.50; medium, $4.50 to 55; cull and common. 53.50 to 54.50; stocker and feeder cattle: Seters. good and choice, 500-1050 ibe., S4;50 to $5.75; common and medium, 53.25 to $4.75. SHEEP 10,000; fat lambs opening slow; few sales weighty kinds steady at S9.50® 9.65 with best kinds held at S9.75 and above; Indications steady; lambs 90 Ibs. down good and choice $9@10; common and medium 57.25P8.25; 90 to 98 Ibs. good and choice ss.25@9.90; ewes 90 to 150 Ibs. good and choice 54@I5.75; all weights common and medium $3@4.50, S420; 290-350 Ibs., M to $4.15; packing sows. 275-550 Ibs.. $3.25 to S3.75 C1TTLE --4,700: calves. 800; better grades fed steers, yearlings and fed heifers steady to strong; spots s'lghtly higher o n ' l i g h t yearlings; other classes scarce, steady; top long yearlings, S6.95: 1131 Ib. steers. $8.75; steers. eTMd and choice, 5oO. 900 Ibs.. $5.50 to %1\ 900-1100 Ibs.. S5 50 to $7- 1100-1300 Ibs.. S5.25 to $.: 13°°- 1500 Ibs. $4.75 to $6.65; common and medium 550 Ibs. up, S3.60 to S5.50; heifers, good and choice, 550-900 Ibs.. $4 65 to $6.25- common and medium. 550-900 Ibs.. S3 to S4.75; cows, good, S1.25 to 52-35: veaiers (milk fed), medium to choice, SS.oO to $650- cull and common, S2.50 to 53.50, stocker and feeder steers, good and choice, (all weights), S4.25 to S5.75; common and medium (a'l weights), 52.75 to $4.50 SHEEP--6,000; lambs generally steady to 15 cents higher; sheep strong; top fed lambs 59.65; spring lambs, Ml; lambs, good and choice (X). 90 Ibs. down, SS.75 to S9.6o. common and medium. 90 Ibs. down, 58 to $875- Eood and choice (x), 90-9S Ibs.. SS.oO to $9 65' yearling wethers, medium to choice 90-110 Ibs.. S5.50 to SS.25; ewes ood and choice. 90-150 Ibs.. 54.25 to $=.65 (i)--Quotations based on ewes and -ethers. LIVESTOCK FORECAST CHICAGO. March 14. OV-OfficIal estimated receipts Thursday: Cattle, 6,000; ogs, 15,000; sheep, 11,000. SOUTH ST. PADL LIVESTOCK SOUTH ST. PAUL, March 14. UP)-- (U. S. department of agriculture)--CATTLE-2,500; steers and yearlings about steady; Lhree loads of medium to good medium weight steers. $5.25; some lightweights held toward $6; she stock unchanged; good 1050 Ib heifers, $5; common to medium cows. $2.50 to $3.25; load good 1255 Ib. cws, $3.75: bulls steady, common to good, $2.35 to $3; common to medium stockers. 52.75 to $3.75; calves.- 3.400; steady; good to choice, $4.50 to 55.50: selections, $6. HOGS -- 6,000; fairly active, mostly steady; good and choice 170-270 Ibs., $4 to $4.05; top. J4.05 to all interests; heavy weight and medium grades down to $3. i5; most packing sows, $3.30 to $3.60; better 130-150 Ibs., largely $3 to S3.75; slaughter pigs mostly around S2.75 and down: average cost Tuesday. S3.S4; weight, 211. SHEEP--700; very little action on slaughter lambs; buyers talking weak to 25 cents lower on fat lambs; held for stronger prices or un to $9.50: bulk 81-92 Ibs. fed iambs late Tuesday, $9.35 to packers. SIOUX CITY LIVESTOCK SIOUX CITY. March 14. t.T--(U. S:. department of agriculture)--CATTLE-- 3,000 very little early action for slaughter steers and yearlings; scattered early sales largely on shipper account about steady: some large interests talking easier; fat she stock little changed: stockers and feeders, slow iteady large share beef steers and s salable around $4.75 to $5.75; fen yearlings uim*^n. *··· --- - - · . good yearlings. 56: small showing hell hieher; load lots good heifers held_ abv $5.25: bulk beef cows, $2.50 to S3.35.IOT cutter and cutters mainly $1.35 to $2.25 good light stockers. few sales aronnd S4.50 HOGS--S.OOO: active to all Interests moptly 13 to 20 cenla higher: top. S4.1o bulk 180-330 Ib. -welRhts. $4 to $4.15; SOW 140-170 Ib. welphts, $3.25 to $4;^sows most ly $3.50 to $3.60; feeder pigs. J2.75 down SHEEP --5,500; nothing done; buyer talking weak to lower on fed lambs o around $9.25 and below; holding best of fcrines above $3.50; other classes scarce late Tiwilav laniis closed uneven,}- 10 t Kennecott Kresge Llg My B Loews Loose Wiles Lorlllard 17% Maytag S McK at Rob 7!i Mid Cont Pet 13 M K T 12S. Mo Pac 3 % VBV, Hont Ward 33 31T» Morrcll -15S 55 M Nash 27 811 Natl Else 41U 31VI Nat C Reg A 18 H S',i Nat Dairy 10-li 19S Nat Distill · 27j; 433-1 Nat Pow ft Lt 12S 24 N Y Cent 38?i 25"! NY NH i H l»"i 16}i No Amer 19};. 24% No Pac 33 /i 17% Oliver Farm 5 73 *i Oliver Farm pfd 22 *i 45 Packard 59i 13% Penlck * Ford 60 4te Penney 67 ^ 11 Penn 35% Phillips Pet 17S 11% Proc ft Gam 36% 3W Pullman 3674 54 R C A 8Vi 16% R K O 3S 2*4 Rent Rand 13 \t 40% Hep Stl 22 T; . 13 Bey Tob B 41% 79 · Sears Roe 48% 32 Shell U 10 5i 2'f, Skelly 10V. 72% Socony Vac 16% 4S So .Pac 28«; 98 St Brands 21 ?; 89U St G * I! 13% 7« St Oil Cal 39% 15% St 01! N JJ 45% 45 Stew Warner 9% 4071, Stone ft Web 10% 22% studehaker 8 34 TCI Corp 27 384 Tel Gulf Sul 37S 11 Tim Ro! B 37 854 Un Carb 43?; 20 Un Pac 128% 16S Unit Air 24'i 38 United Corp 7 4 U S Ind Alco 53% 29TS U S Rubber 20% 274 U S Steel 55% 20 VI Wahash 4i 34 Warner Pict 7 42« West E! Mfg 39% 267i Woolworth .51 15 Wrigley 59 % Tel Tr 6',l Cities service Gt Lakes Air Kellogg Switch Llhby McNeil MW Utilities Natl Leather CHICAGO STOCKS CHICAGO. March 14. Natl Standard 26 Quaker Oats 116 Swift ft Co 16 T « Swift Intl 27't Utility and Ind Hi Zenith S"', MINNEAPOLIS STOCKS MINNEAPOLIS. March 14.. (/TlStocks closed: First Bank stock, 8; Northwest Bancorporatlon, 5. NEW YORK. March 1-1. (/PI--Although demand for bonds today lacked the vigor shown In recent sessions, values in the corporate list were generally firm. Some of the recent favorites pushed UP moderately to new highs for the year. Sharp gains scored since Monday in ome of the secondary rating had a ten- ency to encourage realising, and buyers in he high grade division were less eager to 'ck up desired issues on a rising market. In general, however, the corporate held ts .newly gained ground. Fractionally higher trices were paid for such Issues as International Telephone 5's, Armour and com- jany 4%'s. Goodyear 5's, United Drug 5's, Youngstown sheet and Tube 5's, Postal Telegraph 5's and western Union 5's. In the rail group small improvement featured some loans of the Baltimore and Ohio, Milwaukee, Great Northern. New York Central, Southern Railway, and Pennsylvania. The U. S. government market was a comparatively sma'l affair during the early trading, although a fair turnover at slightly higher prices occurred in treasury 3's and 3%'s.- The general price range of governments was 3-32's of a point down to 4-32's higher. · ' trading was of limited volume and fluctuations narrow In most foreign Issues. German government loans stood up better as selling dried up, but they rallied only narrowly against their recent losses. Canada 5's and Japanese issues recorded modest (By The .Associated Press) Bid und Asked on March 14. Corporate Tr. Sh. 2.10 Corporate Tr. Sh. AA Mod. 2.38 Corporate Tr. Sh. Ac. Ser. 2.03 Corporate Tr. Ac. Ser. Mod. 2.38 Dividend Sh 1.25 Nationwide Sec 3.53 Nationwide Sec. vtc. 1.38 North Amer. Tr. Sh 1.89 North Arner. Tr. Sh. 1953 .. 2.46 Quarterly Inc. Sh 1.38 Selected Am. Sh 2.SO. Selected Cum. Sh 7.10- Selected Income Sh 3.68 Super Corp. Am. Tr. 3.12 U. S. El. L. Pow. A .... 12% Do. B 2.24 Do, B vtc 87 2.51 2.51 1.27 3.63 1.48 A-.4S gains Belgium slight dips. 7's and Australia 5's had TJ.' S. BOT QUOTATIONS NEW YORK. March 14. liH-- States government bonds closed: Liberty 3%'s. 103.1. Liberty First Ill's, 102.25. Liberty Fourth 4Vi's. 103.8. Treasury 4}i's, 47-52. 109.31. Treasury 4's, 44-54, 106.3. Treasury 3%'s, 40-43, June, 102.4. Treasury 3Vs. 46-49. 100.12. Treasury 3's, 51-55. 98.29. Supplementary List of Stock Quotations Supplied by LAMSOK BROTHERS AND CO. Mason City Office in Bagley- Bech Building Telephone No. '/ NEW 1'OKK CURB QUOTATIONS Am Gas El 26~; Ford Mo o£ Eng 7U. I Representative Sales REPRESENTATIVE SALES CHICAGO, March 14. LB--(U- S. department of agriculture) -- Representative Steen 22 18 21 38 40 39 31 17 328 306 291. 254 s--246 235 217 208 1139 1398 1140 1446 1208 1120 1216 1650 HOGS Lljjhts-- Ave. 70 196 Wgt. 55 183 54.40 72 182 4.45 48 177 4.60 Light Hehts- 51 72 4.55 4.50 4.55 4.50 CATTLE Helfei 7.60 33 7.50 7.25 6.85 6.50 5.90 5.50 159 148 25 16 10 COWG-- 5.25 709 SID 935 7U 1340 1124 981 Fed Wesltm 216 214 220 241 150 Cuppei 153 217 94 93 101 94 106 t -- 81 S9 SHEEP Lambs Na-tlves--~ 37 S8 59 92 61 94 46 97 Ewes-11 112 15 124 9 143 7 101 9.35 9.SO 3.73 9.65 950 8.00 S.C'O 4.50 4.40 4.40 4.35 4.00 3.75 6.50 6.00 5.25 4.50 4.25 3.50 9.75 9.65 9.60 9.50 5.63 5.50 5.00 4.90 (By The Associated Press) Bid and Asked on March 14. Cent. St. El. 7 pf. ($25 par) 3 Cent. St. P. L. 7 pf. 3iD. M. Gas 8 pf. XD. M. Gas 7 pf. ($50 par) ($50 par) Interstate Pow. 7 pf 15 Iowa Electric 7 pf Iowa Electric 64 pf Iowa Elect. Lt. Pow. 7 pf. Icwa Elect. Lt. Pow. G pf. xlo. Pow. Lt. 7 pf xla. Pow. ft Lt. 6 pf xla. Pub. Service 7 pf xla. Pub. Service fi pf. ... Id. South. Utll. 7 pf N. W. Bell Tel 6% pf. xUnlted Lt. Rys. 7 pf. xUnlted Lt. P.ys. 6 Pf. xEl. dividend. 12 11 33 31 57',t 4SS 37 49 44 17 18 15 36 35 62 531: 41 .36 10 110',: 43 40 JOHN F.CLARK AND CO. MARKET INFORMATION S2fl 1. O. F. Blflg. Phone 845 Am Sup Pow 35: Hecla Mining Ark N Gas A IS Hud B M S Assoc G El A IS Humble Oil Can Marconi * S O Ind Can Ind Alk 16 S O Ky Distill C Seag 20 United Gas El Bd Sh 18V; Un L fc P A Ford Mo of Can 23% CHICAGO STOCKS Ben Avl Corp 19* K St Wire Bors-War Corp 26',-i Mars Field Butler Bros 101 Swift Co Cord Company 7 NEW YORK STOCKS Alaska Juneau 20% Liq Carb Corp m Bank Note 19 U Am Car Fdy 29 V, Am Roll Mills 25 Am Metal 24 Am R S Co 15 Am S R Co 45-y 4 Am Tob 70 y, Atlantic Eef Co 31% Ar Co B (111) 6's Assoc Dry Gds 17 12 H 42 27% 1814 17 S 18 1674 March 14.-After a conference with President Roose- elt, Chairman Fletcher of the senate bank- nk and currency committee stated that the resident sponsored the conference in prog- ess at the treasury department to consider he revision of the stock regulation bill. The senator stated that while the president was not specific as to the provisions he avored, the president indicated that he de- ired a bill with teeth In it. Butter--Further declines were registered n the spot market. Extras, declines, 1 cent; inder grades were to % cent lower. Withdrawals in the four markets yesterday were 4S1.000 Ibs. more than last year. More Inquiries for fresh'butter were being made which may result in an improvement n the spot market and consequently further rallies In futures. Eggs--The spot market was firm, top grades advancing 'A to 5i cent, while under grades advanced 1 cent. The storage nput In the four markets was 15,000 cases ess than last year. All futures made new hichs for the season early in the session l l f u *«* - n r t . . o n n o 27H 34 »i 34 :i 35U 13 ?i Baldwin Lo Barns Oil A Brtggs Mfg Best Co Bj-ere A M Co Com Credit Comm Solvents Cont Oil Cream of Wht Cudahy Packing 46 Curt Wrlg pfd 10*i First Natl Sirs 56 Gt North Ore 14 Hous Oil (New) 4?i Keivinator Corp 20% Kroger Groc 31% 33 25 31% 27 Vi 19 3254 Lambert Co 29 Mack Truck Math Alkali Merc Seab Oil McK and Robb Otis Steel 6=i J C Penney Co 67^-; Pillsbury Flour 21?; Pure Oil Co 13 Pur Bak Corp 16U Puc Ser of N 3 40 M Reading Co 53 Reo Motors 5 St Joseph Lead 23=1 Simmons Co 19-1i So Cal Edison 18% Tide Wa Oil Co 11% U S Ind Al 53% Uti! P t L A 4% Vanadium 27% Union Oil Cal 17% Un Gas A Imp 17 "^ Western Myld 16'A Warren Bros Co It 1 ,!Western Union 57 Worth Pump Wricjey Jr Co Nor Am Av 27 59 H high . that storing figures will continue light In comparison with last year and setbacks are likely to bo. only temporary. Twin Sons Are Born. FREDERICKSBURG, March 14. --Twin boys were born to Mr. and Mrs. Gerald Ward Monday afternoon, March 12. They have one other child. Fertile Girls Win in Hanlontown Game, 13-12 FERTILE, March 14.--The Fertile high school girls played basketball here with the Hanlontown high school girls, winning 12 to 13. C-O-A-L KENTUCKY NUT 0 S Suitable for stove or furnace. Do not be misled by cheaper prices. Consolidated Coal Co. Phone n~e IOWA MUNICIPAL BONDS .INVESTMENT DEPARTMENT FIRST NATIONAL BANK Mason City, Iowa

Get full access with a Free Trial

Start Free Trial

What members have found on this page