Hogs Steady to 10 Cents Lower on Slow Trade
Chicago AP reports Wednesday live stock receipts with cattle at 8 000 hogs 7 000 and sheep 6 009. Trade activity was slow and futures estimates were unofficially adjusted downward.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 11, 1939
Page
3
Chicago AP reports Wednesday live stock receipts with cattle at 8 000 hogs 7 000 and sheep 6 009. Trade activity was slow and futures estimates were unofficially adjusted downward.
U S Department data shows salable hogs 9000 head with varied weights and prices from 6.75 to 7.45 per cwt. Cattle and calves totals around 5000 and 2000 respectively with fed steers and yearlings steady to strong and extreme top around 13.75 for Iowa fed bulls. Sheep and lambs total 8000 with fat lambs up 25 to 35 cents, top near 10.35, and clip lambs rising to around 10.00.
Associated Press notes market mood in Mason City and Waterloo with hogs and cattle quotes across weight classes. Prices show ranges for good and choice hogs 140 to 350 pounds, sows, and cattle by grade from steers to yearlings, with several decimals and percent markers indicating bid ranges in Iowa markets.
Prices shown for hogs by weight bracket in Austin Minnesota. Ranges include 140-150 up to 325-350 pounds with per hundredweight figures and a separate line for packing saws 275-550 pounds.
U S Department of Agriculture reports combined hog receipts at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota totaling 16 200 for the 24 hours ending 8 a m Tuesday. Compared with 16 100 a week ago and 14 300 a year ago. Moderately active market steady to lower with heavier road demand than last week. Barrows and gilts quoted at various weight classes from 140 to 350 pounds with prices from 6 55 to 6 95. Packing sows priced 5 55 to 6 10 for different weight ranges.
Sioux City livestock report shows salable cattle at 2700 head with strong demand for cows and yearlings and steady to slightly lower hogs. Hogs sell steady to down with 180 270 lb cuts around 6 9 to 6 90 as light weights move higher. Sheep receipts near 1000 with fat lambs and feeder lambs showing limited activity and prices around 9 75 to 10 00 for good fed wool.
US Department of Agriculture notes salable hogs 3800 with modest gains across weight classes. Cattle receipts around 4500 with steady trends for fed steers and cows, vealers strong, bulls mid. Sheep 7500 with fat lambs slow, early bids down about 25 cents but sheep steady, fed wooled lambs reaching around 10 dollars.
Prices for turkeys ducks and hens vary with young toms at 18c and hens at 22c. Butter eggs and potatoes show steady or firm quotes with large receipts and slow demand. Idaho Russet Burbanks and Wisconsin round whites are traded with prices around 1.60 to 2.05 per cwt.
New stock is about steady with supplies liberal and demand fair. Texas 50 lb burlap sacks Bliss Triumphs U S No 1 around 1.90 to 2.05. washed sacks near 2.10. cotton sacks 2.12 to 2.42. burlap sacks 1.40. New York trade notes firmer butter receipts 1,388,805 with higher creamery prices. cheese steady. eggs receipts 39,267 steady to firm with various grade prices.
Grain prices list No 1 wheat 60c No 2 oats 22c No 3 rye 30 33c Barley No 3 28c to 39c shelled No 2 yellow 37 22c Soybeans No 2 yellow 78c Hay and straw prices bale tame hay 7.00 bale straw 5.00 Produce prices various creame milk prices included Local poultry prices Cedar Rapids colored hens 14c Leghorns 12c colored roosters 8c Leghorn roosters 7c Eggs No 1 2c No 2 0c Wholesale fruits vegetables lemons 5.50 6.50 oranges 2.50 3.75 grapefruit 2.00 2.50 celery 3.75 4.50 lettuce 3.50 onions 1.00 1.85 cabbage 3.25 carrots 2.75 crate tomatoes 4.00 new potatoes 2.75 potatoes 1.35 1.90 sweet potatoes 1.75 hide market No 1 cured beef hides 6c No 2 1c No 1 calf 7c No 2 calf 5c No 1 kip 5c No 2 kip 3c No 1 horse 2.50 No 2 horse 2.00 Pony and glue aides half prices including manes and full tails
Hogs are slightly weaker on the local market with all grades down 5 cents Tuesday, lifting the top price to 7 dollars. Cattle remain steady.
Cheese prices for the week of April 10 to 15 reported by the Wisconsin Cheese Exchange in Plymouth. Twists include daisies at 11 1/4 cents and horns at 11 1/2 cents, with cheddars at 11 1/2 to 12 cents. Farmers call board notes daisies at 11 1/4 cents and horns at 11 1/4 cents, cheddars 11 1/2 cents
World sugar futures advanced to new highs as speculative demand and trade covering lifted prices. May futures climbed from 1.232 to 1.25 cents, with September and July at about 2.05 and 2.02 cents, while raw sugar stayed quiet and refined traded at 4.40 to 4.50 cents.
Bond traders in New York report foreign dollar loans easing toward noon after earlier strength. German 52s of '65 and Denmark 6s and Italian Public Utilities 7s fall. U S governments mixed with earlier active issues down. Rail issues soften. some U S Steel, Shell Union, Nickel Plate gains noted amid mixed overall activity.
In Rochester New York a station operator Arthur Peters surrendered a roll of $50 in small bills after a stranger with a bulge in his coat pocket implied a gun. The criminal took $50, gave back $49 in a one year bill, and fled.
Edgar C Middleton, 44, author and playwright, who had been researching a Queen Mary biography for a film, died Monday night. His best known work was the play Potiphar's Wife.
Premier Reyfik Saydan secured a unanimous confidence vote after declaring Turkey fearless of aggression, citing a powerful army, in a speech to parliament in Istanbul.
Hungary notified the League of Nations on Tuesday of its intention to cancel membership, as reported from Geneva by AP.
New York stocks recovered after a morning slide as buyers entered in the fourth hour. Major declines included U S Steel Bethlehem Chrysler General Motors du Pont Westinghouse U S Rubber Montgomery Ward Douglas Aircraft Sperry Anaconda American Smelting Santa Fe and Great Northern with some losses limited later.
Jurors were dismissed by Judge John T. Moffit as Alice Mills reached an $8,000 settlement with the City of Cedar Rapids over injuries from a December 19 fall on First Avenue West between Eleventh and Twelfth streets. Mills claimed permanent injuries from city negligence in keeping the sidewalk in repair.
Taxi drivers in Des Moines ended a three week absence as differences with the Yellow Cab Co were settled on Monday under a compromise proposal. The resumed service returned to the streets Tuesday.
A newborn’s body contains eleven more bones than an adult and several fuse as the child grows, shaping a mature skeleton through development.
Wheat futures eased from early gains on CBOT with May at 6851/2, down as much as 4 cents. corn and oats declined slightly while KQ. reports say US offered 100 million bushels for tin and rubber weighing on sentiment abroad. Local shippers moved 178000 bushels to mills amid scattered export activity. Weather maps show cold in Kansas and Nebraska with possible precipitation in the southwest.
The report shows cash wheat prices with No. 5 red durum at 68 cents, No. 3 northern spring at 69 cents, corn mixed grades around 49 to 50 cents, No. 1 velvet 49 cents, oats bids from 31 to 34 cents, and soybeans No. 3 yellow at 87 to 87 1/4 cents. Seed timothy and red clover are $2.85–3.15 and $13.00–16.00 respectively, lard prices cited for tierces and loose at $6.20 and $5.52 per 100 pounds.
Minneapolis AP notes Tuesday receipts at 148 cars up from 16 a year earlier. Trading basis unchanged and quotations steady to one cent higher. Grain prices listed for No 1 heavy dark northern and dark hard Montana varieties with protein notes, plus No 3 yellow corn and oats and barley figures.
The Cedar Rapids Navy club plans a regular meeting at the Montrose hotel on Wednesday at 8 p.m. Mrs. Lumir Stanek of 1523 First Street SW has returned home after a major operation at Mercy hospital. Henry Speller berg's condition remains unchanged after illness at J E Early's home and admission to Mercy hospital. Mr. and Mrs. L. R. Rice and Mr. and Mrs. Frank Hyde have just returned from Omaha after attending the funeral of D. O. Piper, Mrs. Rice’s brother-in-law.
The monthly meeting at Harrison school drew 50 Cubs with parents and visitors as plans were made for the Scout circus. A Sunday hike and Easter egg hunt at Vernier lodge drew 40 Cubs and parents. each den prepared a fire and cooked supper after the egg hunt before the hike home.
J. J. Shepard spoke on Public Relations at the Lisbon Chamber of Commerce annual meeting. Ninety guests attended the dinner with S. M. Franks presiding. John M. Beck of the Cedar Rapids Chamber accompanied Shepard.
Harry Laughlin 58 of Newhall jailed Tuesday on a daytime larceny charge. He allegedly took a pair of spectacles valued at 66 cents from the McLellan store counter and was found with a half full bottle of bay rum when arrested.
Funeral services were held for C Zierjack 85 in Oelwein with burial at Woodlawn cemetery. Mrs Marryon Shafer 82 died at Mercy hospital with services at Sacred Heart church. Veterans of Foreign Wars elected officers in Oelwein. Arlington pupils stage Spring Fever comedy directed by Miss Bolsinger. Clutier district hires John Schoenfelder for superintendent as Lee Coler departs. Washington figures include Joseph Denn is Clancy 60, Miss Julia Ruffstutter wedding to Merle Edwards, Clara Kerr 72 dies in Ottumwa. Bertram hosts a bridal shower for Fern Wetzel. Traer sees funeral for Mrs Thomas Richey. Grinnell to host Charlotte Carr talk April 14. Tama reports Edward Davenport injured last week by Dixon Keahna. Davenport shows partial recovery as federal probe continues.
A suspect is jailed in Cedar Rapids after arrest by a deputy marshal. Walter Hutchinson, U S assistant district attorney, filed the assault with intent to inflict great bodily injury charge and Keahna will appear before U S Commissioner Edward J McPartland.
A mixed page of classified notices including lost and found items, advertisements for services and goods, and moving company details. It references Lost Brown leather bag and a liver and white springer spaniel, various shops, and a promotion for old gold purchases, plus ads for van lines and jewelry repair. It notes a reward for false pretenses in want ads and a call for references in automobile transportation ads.
Salesman or woman desired for full or part time work selling Old Reliable Products. Contact Mr. Taylor at Hotel Montrose Cedar Rapids. Good commissions. Apply in 5th Ave SW. Includes special low cash rate for work wanted.
Local ads list numerous beauty shops offering permanents and related services with prices from $0.95 to $8.50. Notable salons include Lovely Lady Beauty Shop on 1st Ave SE and Paris Beauty Salon with contact numbers. other entries advertise oils, curl treatments, and hair styling. Also listed are a beauty school, hat cleaning, sewing, and a dining venue, Silver Palace, with dancing and dinners.
A dense listing of home and yard services including heating and guttering specials, tree and grass work, rubbish hauling, dirt and fertilizer sales, upholstery and painting, cleaning, and related trades with multiple contact numbers and brief service notes. Contains numerous tradespeople and business names with phone references.
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