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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 28, 1939
Page
9
Chicago AP reports Tuesday livestock receipts set at 8,000 cattle 11,000 hogs and 7,000 sheep. Hogs led a price advance topping 6.95 with cattle trading active and 10 to 15 cent higher on the day. spring lambs rose up to 15 cents. Representative sales listed by INS.
Hogs receipts 12000 to 16000 total, fairly active with top at 6.95, fats 180-300 lb mostly 6.60 to 6.85. cattle receipts 12000, calves 1000, good demand for fed steers and yearlings with up to 25 cents gains on light yearlings. Feeders steady, cows strong, bulls up briefly, stockers soft. Sheep receipts 8000, total 9000, spring lambs active and higher, natives firmer and sheep steady with slaughter ewes around 2.50 to 3.50.
The Waterloo hog market shows 10 cent to 25 cent gains across various weight ranges with bids from $5.75 to $9.25 per cwt. Cattle prices remain steady with steers topping around $8.25 to $8.75. Mason City reports mixed gains in light to heavy cattle, with several weight classes quoted from $4.50 to $6.40 per cwt. OTTUMWA and MASON CITY markets note lack of strikes and modest increases.
U S Department of Agriculture combined hog receipts for 48 hours ending 8 08 a m Monday show 25 500 head across 17 yards and 10 plants in interior Iowa and southern Minnesota down from 30 500 last week and up from 22 600 year ago Barrows and gilts 140 160 and 160 180 lbs priced at 5 45 6 40 with several weight brackets listed Sows and lighter loads also detailed at various per hundredweight figures based on Monday transactions through 11 30 a m
Hog receipts 5500 with barrows and sows 180-240 lbs active top 6.50, 246-300 lbs 6.25 to 6.50, lightweights up to 5.75. Cattle receipts 10800 with fed steers 84.50 to 49.65, heifers steady, cows slow. Sheep receipts 8000 with fat lambs up to 8.25, range spring lambs around 8.00, ewes down to 2.50.
South St. Paul Minnesota cattle and hog prices show steady to firm trends on light supplies. Slaughter steers 7.75 to 8.75 with some yearlings to 9.25. cows 5.00 to 6.74. bulls up to 6.25. stockers and feeders active with higher bids. Hogs reported receipts about 3 500 with top 240 and 270–300 lb ranges 5.70 to 6.15. sows 5.00 to 5.50. averages around 5.80. sheep receipts 1 000 with prices not firm and bids mixed.
United States Department of Agriculture cattle report shows 4500 salable calves 800, slaughter steers and yearlings active with gains to 25 cents. cows up 15 to 25 cents. Stockers and feeders steady to 25 cents higher. bulk fed steers and yearlings around 3.00 to 9.00 per cwt with load lots up to 9.50.
Furnished by Lamson Brothers and company with H R Mowrey as manager Cedar Rapids office located at 503 Merchant National Bank building.
Feeder cattle priced 600 lb at 7.50 to 7.75, 275 lb calves around 10.00. Hogs show 4,500 receipts, early bids 10 to 15 cents lower for 180-270 lb butchers 6.10 to 6.35, sows around 5.10 to 5.50, feeder pigs 5.25 to 5.75. Sheep receipts 2,400 with no fat lambs, natives around 8.25, ewes 1.50 to 2.50, breeding ewes 4.00.
Austin Minnesota market bulletin lists hog prices by weight range with quotes for sows as well. Prices rise from 140 to 340 pounds, then fall across heavier classes with quotes fluctuating between 4.35 and 6.50 dollars per hundredweight depending on weight and sow category.
Local hog prices continue upward with butchers up 5 cents and packers 10 cents higher. Top price reaches 6.35 dollars. Cattle markets steady with varied grades for 140 to 190 pound cattle. Sheep trade shows genuine spring lambs 70 to 90 pounds at 7.50 dollars and buck prices amid uncertain demand.
A Cedar Rapids market summary lists grain quotes for No. 1 and No. 2 wheat, oats, rye, and barley, plus shelled corn and soybeans. It covers hay and straw, dairy butterfat and cream, poultry prices for hens and fowls, egg prices, wholesale fruits and vegetables with assorted prices, and hides, calves, and horses from Gide Market.
Market notes list butter eggs and potatoes with receipts and price ranges. Butter steady with graded quality and local firsts around 16 cents. Eggs show steady local prices for extra firsts and firsts. Potatoes include U S No 1 washed and under ice prices across regions with several bids and regional variations.
AP report shows varied dairy receipts and milk product prices in New York. Eggs and butter receipts run high with multiple quality grades cited, while creamery scores and whole milk flats reflect steady to firm markets amid shifting price points.
New York stocks rallied selectively after an early 1 to 4 point tumble attributed to renewed European war tension. Gains came in mid to late trading with light offerings helping support. transfers for five hours reached about 700000 shares. Prominent resistance shares included Chrysler General Motors U S Steel Bethlehem and Standard Oil of New Jersey. Lagging were Montgomery Ward Sears Roebuck Douglas Aircraft Anaconda American Can Eastman Kodak J C Penney American Telephone North American and Goodrich. Aluminum of America Electric Bond and Share Gulf Oil Lockheed and Pittsburgh Plate Glass declined.
A long list of stock quotations appears under MONDAY''S QUOTATIONS with numerous companies including Adams Express Kans City Southern Alaska Juneau Kayser Julius Allegheny Corp Kennecott Copper Allied Chem Kresge Allied Stores Kroger Loews Amex Lehigh Valley Libby Owens etc. The page records bid prices and percent changes for a wide range of railroad utilities banks and industrials.
Wheat advanced early on the Chicago Board of Trade then fell back, finishing with gains as cover orders aided by war fears and Liverpool strength. September wheat settled around 68 1/2 cents, corn up about 4 cents, oats up around 4 to 1/2 cent, while Winnipeg and Liverpool posted mixed moves amid profit-taking and selling pressure.
Winnipeg wheat futures list open high and settle ranges for October December and March contracts with prices around 57 to 63 in various decimals. Chicago cash grain reports No 4 red, No 2 yellow hard, and mixed corn values with oats barley timothy and clover seed price notes across multiple grades and run types.
German families in Berlin rush to buy scarce provisions as a new rationing system takes effect. The plan limits meat and dairy, and imposes strict weekly allowances for sugar marmalade coffee and breakfast foods, with extra milk for children under six upon application.
Classified notices advertise sturdy luggage at Hi Katz Jewelrx loan 112 Ist St SE opposite Post Office and Bargain Night baseball tickets at Lower Jewelry Store 208 2nd St SE. Also listed are self polishing wax, watch repair by Ginsberg at 111 1st Ave NE, and Allied Van Lines moving services with agencies in multiple states. A reader seeks rides to Denver around Sept 10 with references and expense share.
AP Minneapolis reports today's wheat receipts at 930 cars with higher quotations across grades. No. 1 heavy dark northern bids around 73 1/4 to 72 3/4 cents, No. 1 dark hard Montana 78 1/4 to 77 1/2 cents, No. 1 dark hard amber curum 68 1/2 cents, No. 1 red durum 65 1/2 to 66 1/2 cents. Corn No. 3 yellow 40 1/2 to 42 cents. Oats No. 3 white 26 3/4 to 27 1/2 cents. Barley 30 4 50 cents.
Wisconsin cheese quotes for the week ending September 2 show Wisconsin Cheese Exchange listing Daisies 13 4, bricks 13 4, horns 13 5, cheddars 12 2. Farmers call board lists Daisies 13 1 2, com sodoxes 13 4, horns 13 4, cheddars 2.
Near by positions saw trade cover while commission houses bought distant deliveries in a market with scarce offerings. Late afternoon values rose 12 to 3 points, with refined sugar steady around 4.30 to 4.40 per unit.
The U S agriculture department reports slow Wool trading with buyers awaiting. Domestic wools remain unchanged from last week and fairly firm though largely nominal due to lack of trading. The opening sale of the new selling season, scheduled for today, is postponed a week per private source notes.
New York bond prices fell broadly on Monday with fractions slipping up to three points. Foreign dollar loans led the downside while U S government issues tracked the overall decline. some issues eased late but still moved lower, with domestic corporates and utilities showing mixed resilience.
The Cedar Valley Tennis league crowned champions in six divisions at the Cedar Rapids Tennis Association courts. Cedar Rapids produced winners including Erwin Wasta in division one and Jim Gregory in division two, with Frank Wells, Dick Cypra, Dr. John Hecker, and Jim Crawford also earning titles. Doubles action saw Wasta and Hecker defeat Swift and Brown 6-3 6-1.
A two story ice house leased by Alfred Meyer burned Sunday afternoon in Postville's downtown area. Firefighters fought two alarms from 4 30 p m, saved adjoining stores, and protected nearby Interstate Power lines. The Beucher estate owned the building, sawdust fuel fed flames, and damage reached 2500 dollars with coverage by insurance.
The council postponed action on Greene's Square fountain after Parks Commissioner Ed Stefan and Maude Krebs failed to locate a copy of a more than two decades old agreement the Federation of Labor says set city repair obligations. The fountain reportedly needs rebuilding, and the tabled measure allows time to obtain the document.
Dies committee investigator Robert B. Barker told the House inquiry into un American activities that William Dudley Pelley of Asheville North Carolina diverted assets from Galahad Press to his own use. The loss to creditors and preferred stockholders was between 35 000 and 40 000 dollars.
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