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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 03, 1937
Page
16
Chicago AP reports livestock receipts Thursday showed gains in hogs up to 10 cents and top prices to 10.45 while fat lambs rose up to 25 cents. Cattle and sheep prices held firm with steers near 14.50 and carcass prices steady to higher amid lighter week-to-week activity.
A New York market report notes a labor cloud easing and renewed optimism lifting stocks Wednesday. Steels rails and specialty issues led gains with U S Steel and Bethlehem reaching multi year peaks while many issues rose 1 to 3 points. Transfers totaled about 2 400 000 shares as bonds and commodities improved. Notable gainers included National Steel Crucible Electric Auto Lite Santa Fe N Y Central Great Northern Southern Pacific and many more. Some laggards were American Can Allied Chemicals du Pont United Aircraft and General Electric.
Hogs receipts 17000 with 4000 direct notes top at 10.45. cattle receipts 9506 with calves 1500, steer market steady to strong at 14.00 14.35 but overall supply high. cows weak, heifers strong to higher. bulls steady. Wealers weak. prime offerings at 14.50. Sheep receipts 66000 none direct. fat lambs in broad demand with undertone 25 cents higher, native and western lambs bid 10.25 10.40, asking 10.60 10.65 and up.
The Associated Press notes higher hog prices in Waterloo and Ottumwa with ranges by weight. City buyers show gains across 140 to 425 pounds, while packing sows and heavier lots meet varied bids, reflecting an overall uptick in hog values.
Hogs across weights rise about 10 cents with strength seen in good to choice 180-200 lb hogs at 9.55 to 9.85. Heavier 200-325 lb hogs trade around 9.65 to 9.95, 325-350 lb range 9.54 to 9.85, and packing sows 275-550 lb move from 8.90 to 9.60.
U S Department of Agriculture reports 2000 cattle receipts at Sioux City with calves 206 and slaughter steers and yearlings mixed. Well finished fat yearlings priced strong with some sales 25 cents higher for the week. fat stock steady to easy. cows dull. stockers and feeders slow to steady. Load of choice to prime 1050 lb fat yearlings quoted at 13.00 per hundredweight.
Cattle values show beef cows mostly 4.50 to 6.25 with better stocker grades above 6.50. Steers 550 to 1,050 pounds range 4.00 to 8.25 for good and choice, heifers 4.00 to 6.50, calves up to 8.35. Hogs slow with tops near 9.90 and 9.85 for packers, sheep around 10.25 for best fed and ewes above 5.50.
U S Department of Agriculture reports 24 hour hog receipts at 17 000 across 22 yards and 9 plants in interior Iowa and southern Minnesota up from 16 400 last week and 4 900 a year ago Prices mostly 10 to 15 cents higher with an underscored trade tone weaving through lighter and heavier hog classes Light weights 140 to 160 pounds fetch 8 00 to 9 00 per hundredweight while 290 to 350 pounds bring 9 60 to 10 25 and sow weights 275 to 350 pounds sell around 9 35 to 9 78 per hundred.
U S Department of Agriculture reports hog receipts steady to ten cents higher with top ten dollars for 190 to 300 pound hogs. Cattle receipts near four thousand with steers up to thirteen dollars and seventy five cents and vealers to eleven dollars. Sheep receipts around five thousand with lambs supported at ten dollars and up.
USDA cattle receipts 2,100 with slow slaughter steer demand and price drops 15 to 25 cents. Cows down 25 cents, bulls 15 to 25 cents lower, stockers weak, calves 1.00 to 1.50 lower. Hogs receipts 5,500 with very slow trade, weights 140 to 300 pounds mainly steady, sows not yet established. Sheep receipts 3,000 with undertone strong to higher on slaughter lambs, bulk lambs 9.75 to 10.00, ewes 5.00 to 5.75, dairy cows steady to weak.
An advance of 10 cents in all hog grades lifted the local top to 9.95 dollars on Wednesday. Cattle prices slipped 25 cents, and other local markets remained unchanged.
The Wilsons yard lists hog prices by weight class from 140 pounds up to 550 pounds with contrasts for good and packer hogs and market notes. Cattle prices show choice steers and yearlings by weight, plus medium to good grades, with cows, bulls, and canners priced accordingly.
Grain and produce prices listed for wheat oats rye barley corn and soybeans with bids for No 2 to No 4 yellow prices. Live poultry apples citrus vegetables and wholesale fruits including oranges lemons potatoes bananas head lettuce celery cabbage onions and hides with various grade prices and weights.
Sugar futures held steady with No 3 May and Sept at 2.71, No 4 July 1.15, Sept 1.16, and refined sugar unchanged at 5.00 per unit. market movers showed little change across the board in New York.
In Chicago on Wednesday broad buying pushed wheat up one to two cents a bushel with May futures around 1.31 and gains extended to 2.5 cents. Corn added up to two cents, while oats rye and soybeans also gained as foreign demand and Argentine offerings supported the move. Leading professionals were heavy buyers and foreign markets bolstered the rally.
Stamp style market notes show prices for corn oats soybeans barley timothy and clover seeds with ranges and sample grades. Prices listed for No 4 mixed corn No 4 yellow oats rye and timothy seed figures and seed quantities noted by Chicago cash provisions desk.
AP reports Minneapolis grain market receipts at 28 cars with advances in several wheat classifications including No 1 heavy dark northern spring 60 lb at 1.5054 to 1.593s and No 1 dark northern spring 59 lb at 1.493 to 1.58 percent, along with No 3 yellow corn at 1.1742 to 1.1842 and No 3 white oats at 52 cents.
Chicago AP reports receipts for live poultry at 25 trucks with steady demand for birds over and under 5 pounds. Leghorn hens and colored springs priced around 12 to 22 cents, turkeys and ducks listed with varying weights and prices. Butter receipts total 3 850 with firm markets across grade levels. Eggs unsettled with local extra firsts around 21 to 22 cents and U S shipments 624. Stock notes include price ranges for several potato varieties and other commodities amid moderate supplies and slow trading.
AP dispatch from New York notes unsettled egg receipts at 35 469 with mixed colors and varying firsts prices. Creamery cheese receipts total 360 916 with a quiet firm tone. Live poultry is steady by freight with roosters at 10 cents and turkeys 15 to 23 cents.
Chicago markets report butter and egg futures closing figures for February through March. Butter storage standards and egg futures show varying prices while Idaho russet potatoes list March No 1 and March grade A values.
Domestic wools in Boston steady with small lots of fine Ohio delaine selling at 46 to 48 cents in grease. Other Ohio fleeces drew no bids at 48 to 50 cents for stable combing blood and 52 to 54 cents for combing 4a nq blood grades.
Currency values listed for major currencies and regions with cents and percent figures. Includes Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Yugoslavia Austria Hungary Roumania Argentina Brazil Tokyo Shanghai Hongkong Mexico City and Montreal exchange pairs.
Minneapolis AP reports flour prices for carload and barrel lots in 98 pound sacks with patent and standard grades. Pure bran and standard middlings quoted, with price ranges around 32 to 47 dollars and a small 15 cent patent premium.
In Cleveland a judge smiles at an old excuse from Sanford Land 23 claiming his car cannot go fast enough. Patrolman Ray Coolidge who charged Land with 42 mph test drove the car and reported a top speed of 30 mph.
Anthony Michael Lazzeri, nearing the end of a long career with the New York Yankees, asks for 16000 dollars to play second base this season, up from 12000, a raise he had not sought before. Barrow will meet him midweek as several teammates also seek raises. The article notes Lazzeri’s past underpayments, his age, and his intent to continue as a regular for at least three years.
London reports a 26 year old wife and mother of twins died after a rapid progression of Simmonds disease. She collapsed after childbirth, fledgling symptoms escalated to blindness and hair loss before relapse and death within hours. Lancet notes rarity in England.
Former President Herbert Hoover visited New York on Wednesday to spend a week conferring with leaders of national boys clubs and the American Relief Association about relief efforts and postwar aid.
In New York, corporate issues firmed modestly while U S government loans showed uneven gains. Specific bonds such as Chesapeake Corp 5s St Paul 5s North Western 4s Goodyear 5s and others rose fractions to about a point. Italian bonds Milan 6s Rome 6 45s advanced as international demand steadied. Concerns rose over slow sales of recent long term new issues despite a more stable continental political outlook.
Marion residents report a relief fund total of 926 39 dollars by 10 30 a m on Wednesday with numerous donors listed by name. Church groups and civic clubs plan Red Cross contributions and flood relief efforts while community notices cover funerals and club meetings.
Max Baer tentatively agrees to terms with James J. Johnston for a March 19 heavyweight bout with Bob Pastor at Madison Square Garden. If confirmed, the 10 to 12 round fight would mark Baer’s return to the heavyweight scene after losses to Braddock and Louis.
Center Point high school girls arrive undefeated to meet 11 and 1 Olin in a February 10 non conference game at Olin gym. The event tops a junior high clash between Clarence and Olin teams.
West Union high school beat Waukon 46 30 here Tuesday night to run its northeast Iowa conference streak to seven straight wins with no defeats. West Union led throughout and outscored Waukon 14 6 at the free throw line. Whiticher 13 and Wiltgen 12 paced West Union, Bray top-scoring for Waukon with 17.
In New York three coast guard cutters two police boats a fireboat and an emergency squad chased two large ammunition barges for hours after they scraped an army transport during loading. The barges were nearly wrecked a pier and were finally towed to deep water for safety.
Delegates should find the forthcoming Minnesota dental convention a ringing good meeting with Dr. C. B. Bang of Fertile and Dr. J. N. Bang of Minneapolis named as clinic chairmen.
All federal employees are subject to income tax obligations while state employees are exempt. The note underscores the presidential exemption from state tax rules.
W T Jackson president of Linn County Abstract company is recovering satisfactorily after an operation three weeks ago in Rochester Minnesota. He remains in the hospital. The Congregational church Women’s Missionary society meets Thursday at 2 30 with Mrs F J Hardenbrook Miss Minnie Whitcomb leads the devotional Rev H O Allen speaks on Missionary Pioneering in Africa after officers are elected.
Mrs. Lester Hense of Alburnell hosted Nancy Lee Hense's first birthday at the grandparents home of Mr. and Mrs. C. E. Reiter. Attendees included numerous Marion area families and relatives from Alburnett Center Point Springville and Cedar Rapids, with games and refreshments.
The Presbyterian church celebrates its ninety fifth anniversary Friday at 7 p.m. with a banquet by the Ladies Aid in the church dining room. Rev. C. H. Hook will give the address as moderator of the Presbytery, with Hugh Gordon as toastmaster. Personal reminiscences of the church since 1896 will be shared by Miss Minnie Lathrop, Miss Frances Hildebrand, Miss Emma Klein, W. B. Sebern, Carl Wallace, and C. C.
The program features a clarinet solo by Miss Mary Ellen Ford a duet by Donald Bragg and Frank Flack solos by Mrs A E Bragg and a duet by Mrs Merle Robison and Mrs George Bristol All members and friends of the church are invited The Brotherhood of Railway Trainmen No 319 will meet tonight at 7 30 in Memorial hall.
The note presents sizes for an advertisement: two lines, three lines, four lines, or five lines. It shows measurements 1.35 2.25 2.70 perhaps in inches or units and invites choices. The brief hints at format options for display placement.
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