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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 28, 1936
Page
11
Chicago AP reports Tuesday hog prices rose 15 to 25 cents to a December peak of 10.65 per cwt, the highest in a decade. Receipts estimated at 29 000 hogs and 8 000 cattle, with wholesale pork bids up to 19 cents per lb and loin cuts at firming prices. Cattle prices showed little change and stocker and bull groups gained modestly amid scarce supplies.
Chicago prices show hog receipts at 25 000 with direct 10 000. hogs up 25c to 10 65 top a decade high. Cattle receipts 13 000 with heavy weight steers in demand. best yearlings 12 75 to 12 50. bulls up to 6.00. light shippers 11.00. Sheep receipts 9 000 with fat lambs slow but bids around 9.00 to 9.55 and stricter 9.50 asked for top lots.
Cattle receipts at St Paul reach 2 500 with slaughter steers and stockers showing early gains up to 25 cents, calves mostly steady around 8.00 to 9.50, and beef cows to 6.00. Hogs at St Paul up to 25 cents, top 10.25 for 230 pounds, nearby 9.97 average cost. Sheep activity slow with undertone steady on fat lambs. fat ewes and lambs in light trading. Omaha markets report hog receipts 6 500 with top 10.35 and 170-190 pounds at 9.85 to 10.15, cattle receipts 7 000 with calves 800 and steers 9.50 to 12.50, cows 4.25 to 5.50, vealers 9.00 to 10. Sheep 3 500 with lambs steady and bulk above 9.25.
Sioux City market reports cattle receipts 3 500 with steers and yearlings up to 25 cents, fat cattle steady to up. hog bids 9 75 to 9 90 for 200 lb plus with lighter weights quiet. sheep arrivals 3 000 with best native wool skins above 9 dollars and fat ewes scarce.
U S Department of Agriculture reports combined hog receipts for 48 hours ending 8 am at 22 concentration yards and 9 packing plants in interior Iowa and southern Minnesota total 19 800 compared with 54 500 a week ago and 30 400 a year ago Prices vary by weight range with light hogs at 8 00 to 10 20 and heavy hogs at 9 80 to 10 40, loading slow and market uneven.
Hogs trade steady across Waterloo Ottumwa and Mason City markets with price ranges by weight. Waterloo offers 140 to 350+ lb bands from 7.20 to 10.10 dollars, Ottumwa shows 140 to 550 lb bands about 7.75 to 10.15, Mason City lists 140 to 425 lb ranges from 7.00 to 9.80, reflecting market parity.
Hogs steady at Austin market quotes range by weight from 180 to 350 pounds. Prices span 9.65 to 10.20 dollars for the lighter to heavier hogs and 8.95 to 9.75 dollars for packing sows across a wide weight band.
Hog prices rise on the local market with a 10 cent advance across all grades bringing the top to 10.15 dollars. Other local markets show little change as buyers and sellers adjust to the new level.
The market lists prices for sheep and cattle with weights and quality notes. Lambs and ewes range around eight dollars. steers from 1 000 to 1 100 pounds fetch ten to eleven dollars, with mid grades lower. Yearlings and cows show varied bids, from about five to six dollars for common cows up to nine to eleven dollars for better quality stock.
A Cedar Rapids listing shows market quotes for grain including wheat at 1.15 to 1.20 per bushel, oats 45 to 49 cents, rye 75 to 85 cents, barley 85 cents to 1.05, corn ear at 90 to 97 cents, and various yellow soybeans 1.25 to 1.30. Farm staples include hay 12 dollars, straw 6 dollars, poultry prices for hens, springs, stags, cocks, geese, ducks, and eggs, plus wholesale fruits and vegetables with oranges 2.75 to 3.45, lemons 6.00 to 6.25, potatoes 2.50 to 3.00, bananas 5 12 to 6 cents, and head lettuce crate 2.60 to 2.85. Hides and calves priced by type, with horse hides at 3.50, and other miscellaneous market line items listed.
Cuban police trapped and killed Francisco Castell, a radical linked to the September dynamiting of El Pais, during a raid on a Havana radio station. A companion believed to be another dynamiter escaped after the gunfight in a residential district.
Wheat peaked at a seven year high in Chicago trading before heavy profit taking erased gains. December wheat settled lower while corn and oats showed mixed moves as import demand and foreign buying supported the market early.
Market quotations from Lamson Brothers show open highs and closes for wheat corn oats and Winnipeg and Chicago listings. The data includes Dec May July futures with various price points and related trading figures.
New York prices moved erratically as markets reopened after Christmas. Oils rails rubbers aircrafts and specialties gained while many pivotals slipped. Transfers ran about 1 750 000 shares as year end tax moves influenced actions. Major gainers included Standard oils N J California Plymouth Amerada Shell Union and Boeing among others.
AP Chicago prices list cash grain and livestock items with various grain futures listed as No 1 hard wheat at 1.4234 to 1.4412 dollars and corn values for multiple grades, plus rye soybeans barley timothy and clover seed figures and lard prices across tierces loose lard and bellies.
Minneapolis AP reports wheat receipts 176 cars and prices steady to slightly lower. No. 1 heavy dark northern spring 60 Ibs at 1.596 1.68 cents, No. 1 dark northern 59 Ibs at 1.58 1.67, fancy No. 1 hard Montana 14 per cent protein 1.49 1.51, No. 1 red durum 1.34 1.34. Corn No. 3 yellow 1.10 1.11. Oats No. 3 white 50 19 52 5.
Market notes from Chicago list butter receipts 17 331 firm with varied creamery and firsts pricing, eggs steady with current receipts 272c and refrigerator standards 27c, poultry live trucks firm with assorted hen and turkey figures, dressed turkeys firm with different weights, potatoes receipts 169 on track with mixed U S No 1 and commodities priced per cwt, including Idaho and Washington Russets and Bliss Triumphs.
AP dispatch from New York shows EGGS receipts 27 801 with mixed colors and varied prices for firsts mediums and dirties. BUTTER receipts 22159 steady with creamery higher. CHEESE receipts 404893 steady. LIVE POULTRY steady to weak with freight prices for Chickens Rocks Leghorn fowls turkeys ducks.
Butter futures closed with storage standards for December at 32.34 cents, January 32.50 cents, February 32.34 cents. Eye futures refrigerator standards Jan 25.25 cents. Idaho potato futures for January at 2.90 dollars and March grade A at 3.27 dollars.
Sugar futures rise with March at 2.96 and September at 303 as buyers push prices higher. Market at New York reflects gains in the futures segment.
HUDSON New York AP a wild animal expert John T Benson declares the Canadian lynx not the lion or tiger as the deadliest animal. He notes a well kept healthy pair is rarer and commands higher prices than a pair of lions or tigers.
Christmas gatherings in Marion area homes featured multiple families from Marion Central City DeWitt and Cedar Rapids. Attending were the Comleys Bryon Busenbark Ledvina Blaine Stone Case Bebee Kempshall Kindig BeBee Smith and others across Iowa communities.
Marion residents enjoyed Christmas visits from relatives including the Brandy and Heddinger families. Social gatherings featured DeMolay and Chatterbox events, Tuck-a-Stitch club postponement, Laura Bailey auxiliary, and Prairie Chapel Sunday school planning. Also noted were obituaries, church programs, and multiple family holiday travels among Cedar Rapids and Ottumwa visitors.
Ray Card is ill from influenza Mrs E A Barnes at 983 Twenty second street improving Frank Floyd of Center Point brother of Mrs Barnes critically ill is slightly improved Mr and Mrs Lester Hense and daughter Nancy Lee of Alburnett visited Friday in the C E Reiter home
Classified ad fragment indicates an unspecified listing with lines varying from two to five lines. The readable portion suggests a small ad block, but no concrete product, price, or contact details are legible. Further context is needed to identify the item or service offered.
Dr Florence Houghton Saturday returned from Davenport where she spent Christmas with her mother Mrs Clarabelle Houghton. Her sister Dr Isabelle Houghton accompanied her to Marion for a weekend visit.
Miss Marie Ewald returns home Sunday from Davenport where she had been summoned ten days earlier due to the illness and death of her mother, Mrs. J P Ewald.
Mrs. Frank D'Louhy spent last week in Ottumwa visiting her son Frank D'Louhy and family. Mr. and Mrs. F L Starry of Marion are the parents of a son born December 26 at St Luke's Hospital in Cedar Rapids.
Miss Rose Wilcox returned Saturday from Estherville where she spent Christmas with relatives. Sunday she traveled to Chicago to attend a music superintendent's conference.
Advertised as safe no drug content claims to melt fat quickly with four tablets daily. Ten day supply priced at $1.39 exclusive to MAY'S DRUG. Also notes caution in arranging automobile transport and references exchange. A novelty item features a Boy's Electric Eye device that controls appliances by motion for $5 with dial number.
Mrs Effie B Miller has been ill with influenza and is improving, according to the latest bulletin from her family and local hospital. The report notes steady improvement and hope for full recovery.
Mr and Mrs A J Elder of Savanna visited Marion friends Sunday. Mrs Philip Shoup visiting them will return to Marion Tuesday. Rodney Clarence and Joy Vahl of Central City are spending Christmas vacation with their grandmother Mrs Mae Vahl in Marion.
Secretary Roper estimated in the annual report that this year the national income would reach 60 billion dollars, about three fourths of 1929. The figure would mark income produced nearly equaling income paid out for the first time since 1929, narrowing the gap from nearly 9 billion in 1932 and 628 million in 1933.
River stage readings show small rises across key sites. Dubuque records a rise of 0.2 feet to 26 feet while Davenport climbs 0.5 feet to 24 feet. Keokuk up 1.2 feet to 11.2 feet and St Louis at 15.0 feet with no change.
In Minneapolis flour market notes from AP, carload lots priced per barrel in 98 pound cotton sacks show family patents at 7.70 to 7.90 and standard patents at 7.65 to 7.85. Shipments record 13 items with bran at 32.00 to 32.50 and standard middlings at 31,504 to 32.
New York AP report notes modest gains in rail loans lifting November railway operating income. Specific issues advanced include Santa Fe 4s and Baltimore and Ohio 4 4s among others, while U S government securities showed uneven moves with some small losses. discussion on the gold program and reserve requirements hints at a softer shift in federal reserve posture.
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