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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 09, 1936
Page
18
Eastern shipping demand dropped sharply in Chicago stockyards, keeping overall hog and sheep markets subdued. Hog top rose to $11 though most prices were 10 cents lower. Wednesday’s lamb trade showed weaker demand with springers slipping and clipping lambs firmer. Friday receipts list cattle 2,000, hogs 8,000, sheep 6,000.
Chicago market reports show hog receipts of 10 000 with 4000 direct and prices steady to 10 cents lower than Wednesday. Top hogs $11.00. 160 250 lb hogs $16.65 10.90. calves and cattle sold firmer within 9.75 11.00 range. sheep receipts 10 000 with old crop wooled lambs active and steady, clippers up 15 cents, many springers and light weights noted.
U S Department of Agriculture cattle receipts 3 000 with steady to slightly firmer tone on fed steers and select heifers. Hog receipts 4 200 with fair activity and steady to Wednesday’s average. top 140 230 lb at 10.50. Sheep receipts 1 000 with undertone steady. prices mixed with frost damage affecting some bids.
Hog prices held steady across Iowa markets. In Mason City good light hogs 140-160 lbs bring 9.15 to 9.45 per cwt, 160-180 lbs 9.85 to 10.15, 180-220 lbs 10.10 to 10.40, 220-250 lbs 10.05 to 10.35, and good packers 8.90 to 9.20. Ottumwa reports no change in quoted prices Thursday.
At Austin Minnesota pigs remained steady with buyers quoting prices for various weight ranges. Rates listed include 180 to 220 pounds at 10.10 to 10.40, 220 to 250 pounds at 10.05 to 10.35, 250 to 290 pounds around 9.75 to 10.05, and 290 to 350 pounds near 9.45 to 9.75. packing sows 275 to 550 pounds 8.55 to 9.20.
Des Moines AP reports 24 hour hog receipts at 15 300 across 9 Iowa and southern Minnesota plants up from 14 300 last week and 13 800 a year ago. Demand mostly steady with few bids softer. light weights in range 9 25 to 9 90 per cwt and early price lists indicate little change.
Receipts total about 3,000 cattle and 3,000 hogs with a steady to strong tone for beef steers and yearlings and firm to higher fat stock. top cattle prices reach 9.75 per cwt with heavy hogs trading near 10.30. lambs see late gains with fed woolies around 10.60 and bulk near 10.25.
HOGS Receipts 4,000 steady to 10c lower with 180-220 lb hogs at 10.40-10.50 top 10.50. 220-250 lb 10.20-10.40. 250-300 lb 9.75-10.25. 300-360 lb 9.60-9.80. 160 lb 10.20-10.60. 140-160 lb 9.85-10.35. plugs 9.35-10.00. sows 9.35-9.40. CATTLE Receipts 3,500. calves 200. steers and yearlings 7.50-9.45, some higher. heifers 6.50-8.00. cows 5.00-6.50. cutters 3.75-5.00. bulls 5.75-6.00. vealers 8.00. odd head 8.50. SHEEP Receipts 4,000. lambs strong, buyers resisting higher asks. fed lambs 10.00-10.65, some held higher.
Hog prices held steady across all grades with a top at 10.45. The cattle market also showed no change while the local corn market moved higher.
Grain and produce prices listed for Cedar Rapids markets including barley corn soybeans heavy hens and ducks. Wholesale fruits vegetables and citrus with prices for oranges grapefruit lemons bananas head lettuce celery cabbage onions and potatoes. Hides and horse prices with various grade classifications and manes included.
Receipts across categories show firm prices for creamery specials and steady to firm demand in eggs and poultry. Potatoes report on track with limited new stock, listing multiple U S No 1 prices for Idaho russets, Wisconsin whites, North Dakota cobblers, and Ohio reds, with trading relatively slow.
New York produce totals show eggs receipts 35 246 steady to firm with mixed colors unchanged. Butter receipts 11 592 firmer with creamery higher than extra 33 in some quotes and firsts around 32 to 33 cents. Cheese receipts 272 979 firm with prices unchanged.
Chicago futures for butter eggs and storage standards show changes with prices noted for Nov Apr and other dates. Market activity includes butter storage, egg futures and refrigerator standards reflecting varying quotes and adjustments.
New York bond market shows light trading with small advances in some treasuries and guaranteed loans. Home owners loans dipped briefly while utilities were mixed and most sectors traded within narrow ranges. Investor uncertainty and irregular stock action marked the session as bonds drifted slightly from Wednesday levels.
Wheat futures slipped on the Chicago board of trade ahead of the holiday. May wheat fell about 34 cents while corn and oats showed fractional declines. traders cited Liverpool weakness and Kansas City rains as pressure. Some optimism over Canadian export activity and Montreal to Europe vessel space offered a counterpoint.
AP Chicago reports no sales for wheat corn and oats with mixed prices for No 4 No 5 and No 2 yellow and No 4 white samples. Soybeans show No 4 yellow and a 75 cent sample. Barley Timothy and clover seed listed with nominal and wholesale prices. Lard and bellies quoted per cwt or ton with several dollar figures.
Receipts 65 cars for wheat and listed bids by grade including No 1 heavy dark northern and No 1 dark northern with weights from 58 to 60 pounds and prices around 1 12 to 1 25 per bushel. Also No 3 yellow corn and No 3 white oats with typical bid figures and delivery months noted.
In New York the market lists irregular demands in cents for numerous nations and cities. Rates cover Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland and more with conversions for travel reg commodities and major hubs including Montreal and Shanghai.
Domestic wool business in Boston was light with mills seldom taking cover wools. Old clip Ohio 34 and 4% blood fleeces sold at 38 cents grease while new wools offered for future delivery rang 36 to 37 cents grease. French combing length fine territory wools quoted around 87 cents scoured.
In New York, raw sugar futures held steady with no change and gains up to two points, while refined sugar prices also remained flat.
AP dispatch from Minneapolis notes unchanged flour carload lot pricing at 6.50 to 6.70 per barrel for 98-pound sacks. Shipments total 25,508 with pure bran at 17.50 to 18.00 and Standard middlings also at 17.50 to 18.00.
U S bonds closed with mixed results in New York. Treasury securities showed varied bids with 4s and 5s quoted at different levels, including 4s 44-54 at 112.23 and 3s 51-55 around 105.19, as traders noted shifting demand for longer maturities.
Mrs Frank Seaton of Millersburg dies in a local hospital after meningitis following an infection. She was in her late fifties, daughter of Henry and Ophelia Kennedy, born near North English and taught in county schools. Survived by husband Frankeaton, son Kenneth, sister Mrs Nora Bell of Denver, and brother Perle Kennedy of Cedar Rapids. Funeral services set for Friday at 2:30 in Millersburg.
Wapello High School will present the operetta The Lass Who Loved a Sailor in the school auditorium Tuesday evening under Miss Alice Reed the music supervisor. Cast includes Quentin Reipe Leo Stroup Philip Dotson William Walker Eugene Reipe Jimmy Wischmeier LeRoy Tillman Larry Caldwell Patty Christie Mary Catherine Minor Pauline Bissinger and both the boys and girls glee clubs.
Financial and commodity markets in domestic and foreign centers will close Friday for Good Friday. Exceptions include New York poultry sugar dairy and foreign exchange. Boston wool. and federal livestock reports. Most U S exchanges reopen for a short session Saturday while European markets stay closed until Tuesday.
New York trading saw selective advances in thin dealings with J I Case up about seven points and Columbian Carbon up over three. Industrials aided bullish tone with gains by U S Industrial Alcohol Greyhound American Radiator Consolidated Edison North American Public Service of New Jersey Santa Fe Delaware & Hudson Southern Pacific and Pullman.
Mrs J C Bennett hosted a Monday evening announcement party for her daughter Eleanor on her secret Oct 5 1935 marriage to James Chase. Eleanor is a Davenport high school graduate and Mercy hospital nursing alumna. Kathryn Potter won bunco first prize. guests from Iowa City Durant and Davenport attended.
Marion Linn chapter D A R guests A G Beckman C D Atkins and Lieut R O Haas discuss the CCC camp and its soil erosion surveys four night classes per week and 1500 monthly camp costs. Oak city event notes include local lodge meeting bakery specials and club gatherings with refreshments for attendees.
Linns Best Four H club met at Miss Mary Michels home with Mildred Sloan elected assistant secretary. Five new members joined and a program featured cake sandwich and cookie demonstrations. Various social and church notices, auctions, meetings, and events across Marion Cedar Rapids and surrounding areas.
The ad size rates show 2 line 3 line 4 line options and a 90 cent charge with 1.35 rate outside Iowa per line per day. An extra 10 cents is added for all blind ads and out-of-town Want Ads must be prepaid.
Beauty school advertises facials from 35 to 75 cents and a new address at 223 3rd St SE with phone 20222. Also notes a push for baby chicks with a classified under ad 38 promising timely buying from the ads.
Trial jurors report to Judge H. E. Taylor next Monday for three cases: Pearce vs. Freligh, Hovey vs. Firemen’s Fund, and Rommel vs. Nehring. Pearce seeks 10,000 for a boy killed by an auto. Hovey seeks 1,200 for a burned house. Rommel seeks 10,000 over false arrest.
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