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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 18, 1937
Page
22
Market notes report larger hog supply pulling prices down with hogs quoted around 9.00 to 9.50 per 100 pounds and pigs and sows mixed. Cattle receipts total about 2 000 with steers to 11.25, heifers lower, cows 6.00 to 7.00, top vealers near 9.50. Sheep receipts 8 000 with lambs 9.50 to 10.00, weaker, best above 10.25.
Official Friday estimates show cattle receipts at 1500 head hogs at 13000 and sheep at 9000. The figures reflect market activity on the Chicago market as reported by AP.
Chicago traders report a drop in hog values of up to 25 cents as large pork in storage pressures packers to move through fresh meat channels. The beef trade shows quiet prices with steers mostly 7.75 to 11.50, best beeves up to 14.40, lambs dull and prices held above 10.60. Mixed regional prices for cattle, calves, and hides appear in the report with feeding and dairy market notes.
Liquidation ran its course in the first half of Thursday's session on the Chicago board of trade and wheat prices firmed in the last hour when selling pressure fell off. May futures at $1.3534 as corn and oats also eased. cash wheat values posted modest gains amid mixed demand and crop outlook signals.
U S Department reports Chicago market receipts totaled 22 000 cattle plus hogs with direct hogs 6 500. Hogs mostly 10 15c under a Wednesday average while top 10.30. Cattle receipts 6 000 with calves 1 200 slow killing demand. steers 7.75 to 11.50, top 14 40 for light stock, heifers scarce, cows weak. Sheep receipts 11 000 with fat lambs steady to unevenly lower, best hogs around 6.00 for ewes and light feeds.
U S Department of Agriculture cattle receipts show 2300 head with steady early slaughter prices. Hogs pricing mixes by weight with top around 9.85 and sows down to 8.75, while sheep receipts at 7000 reflect a weak to lower undertone on slaughter and steady feeders.
Combined hog receipts at 22 concentration yards and 9 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am Thursday totaled 30 700, down from 20 800 a week earlier and 29 500 a year ago. Prices ranged from 8 00 to 10 05 per hundredweight across weight classes with softer undertones and slower loading.
U S Department of Agriculture at Omaha reports hog receipts 5 500 with prices steady to 10 cents lower top 9 90. Trade shows 200-300 lb at 9 70 to 9 80 170-200 lb at 9 45 to 9 80 and 150-170 lb category listed with quoted values.
The Associated Press notes lower hog prices in Waterloo Mason City Ottumwa markets with 140 to 550 pound ranges. Good to choice and packer categories show declines of about 10 cents to 19 cents, while lights and butchers fetch varied bids in multiple weight classes.
Hogs receipts none. market quoted 10 cents lower. Weights 180-200 lb pigs bring 9.30 to 9.60. 200-290 lb hogs 9.50 to 9.80. 290-325 lb 9.40 to 9.70. 325-350 lb 9.30 to 9.60. Packing sows 275-550 lb sold 8.80 to 9.40.
Hogs weakened on the local market Thursday as all good grades fell 15 cents, lifting the top price to 9.80 dollars. Good packers dropped a dime while other local markets held steady.
Raw sugar remains at 3.55 for spot in New York, May and July futures show small gains and losses. Refined sugar holds at 5 cents for fine granulated while May No 3 and No 4 futures edge modestly in mixed directions.
The AP reports small currency shifts in New York with tagged rates in cents for major and minor currencies. Notable quotes include Great Britain at 48912, France 4.6542, Italy 5.2642, Germany 40.2342, and Switzerland 22.81. Also listed are Belgium 16.862, Portugal 4.46, Argentina 32.63, Brazil 8.804, Tokio 28.57, Shanghai 29.80, and Montreal 99.9672.
The U S Department of Agriculture reports an irregular and unsettled wool market in Boston on Thursday. Holders of most spot domestic wools were willing to concede modestly from peaks a month ago, while mills showed little interest. A few mills with urgent requirements could meet needs at prices below last week’s quotations.
New York bond market shows junior issues slipping while government issues hold steady. Rail stocks lead slight value gains with carload demand helping liens and equities, as industrial convertibles mix and foreign issues rise on South American loans.
New York AP reports U S bonds closed with Treasury 4s at 119.06, 4s at 114.10, 52s at 107.3, 56s at 109.3, 3s at 107.31, and 3s at 106.18. Market figures show varied yields across series.
New York traders pushed the market higher with most groups advancing while utilities lagged. Steels gained broader prominence as rails, specialties, alcohols and metals outpaced peers. Notable movers included Evans Products, Kerr McGee, National Distillers, Schenley and U S Steel among others as observers debated steel sector implications.
An 18 year old Cambridge student was detained by police at the Old Howard theater in Boston after possession of Miss Kiki Roberts undies. He claimed the items were part of a fraternity initiation and said the door was open and he left 50 cents as payment. He was released after explaining the stunt.
Services at Church of Our Lady of Grace on Avenue and Sixth Street NE Friday include mass at 9 a.m. and stations of the Cross for children at 4 30 p.m. A children's service is planned for Saturday at 8 30 a.m.
Funeral services for Mrs Samantha Frances Taylor aged 90 who helped found Linn county life were held Wednesday at Yocom chapel with Rev Loren Inman officiating and Woman's Relief Corps past president Mrs Taylor among those honored. Pallbearers were her four sons Leonard Albert M Clyde and Harlan Taylor. Burial followed in Springville cemetery with out of town relatives including Mrs Margaret Frisbe Mrs Rupert Elmer of Chicago and Des Moines residents Leonard Taylor Jr George Cluett Mrs Clarence Darrow and daughter Mary Springville and Cedar Rapids residents Mrs W Hemsky listed.
The Child Study club met Wednesday for a pot luck dinner with Mrs. Otto Kieckhaefer. Thirteen members answered roll call and the afternoon was spent finishing a comforter for a needy family. The Rev Mr and Mrs H M Thomas will be dinner guests tonight of the Rev Mr and Mrs Richard Clearwater in Cedar Rapids.
Mrs Ed Ainley entertained the Octo club at a Marion area lunch on Tuesday with an afternoon of bridge. Guests included Mrs Lee Beebe, Mrs Clarence Gow, and others from Anamosa and Marion.
Seventy five members of the General Aid society of the Methodist church met at Mrs. E. T. Gough s home with the Sunshine division as hostesses. Mrs. A. C. Sloss paid tribute to Dr. John M. Walters, former pastor, as Mrs. W. A. Hanscom presented In the Desert Waiting. A musical program followed with solos by Mrs. Harold Domer and Rev. Gough, piano by Mrs. Marvin Edison, and songs by the high school girls sextet. Brotherhood banquet planned for Feb 22.
The Mothers club will meet tonight at 7 30 with Mrs Harvey Gipp. Mrs Lawrence Goodyear is the lesson leader.
The Rev. Samuel George of the University of Dubuque will speak at both morning and evening Presbyterian services on Sunday. He will be joined by four University gospel team members who will aid the choir and participate in the devotional service after a 6:30 p.m. Christian Endeavor gathering.
AP Minneapolis wheat receipts 52 cars mild rise. No 1 heavy dark northern spring 60 lbs at 1.57 1.64 dollars, No 1 dark northern 59 lbs 1.56 1.63, 58 lbs 1.55 1.627, fancy No 1 hard Montana 14 percent protein 1.47 1.49, No 1 dark hard Montana winter 1.41 1.43, hard Amber Durum No 1 1.0 rca No 1 Red Durum 1.35 1.36, No 3 yellow 1.17 1.19, 13 cents on oats No 3 white 49 34 51 sc.
Butter receipts 7 285 firm prices unchanged eggs receipts 8536 steady prices unchanged live poultry receipts 35 trucks hens easier balance steady various hen and chick prices turkeys ducks geese capons roosters leg of market notes onions potatoes on track 315 total US shipments 815 old stock dull liberal demand slow best stock prices for Idaho Russet 3 40 3 70 US No 2 2 75 2 95 Colorado Red McClures 3 25 3 40 Wisconsin Round whites 2 35 2 55 Michigan Green Mountains 2 60 New stock weaker supplies liberal track sales carlots crates Florida Bliss Triumphs 1 85 1 95 a crate
New York AP reports butter receipts at 13 299 with firmer creamery prices. Butter levels include extra 350 35 4 c, extra 92 score 34 4 c, firsts 88 91 scores 32 34 2 c, seconds 84 87 scores 30 42 32 c. Cheese receipts 108 737 firm. eggs 17 057 barely steady with mixed colors unchanged. Live poultry steady. Turkeys freight 12 24 c, ducks 15 c. other freight prices unchanged.
Col S C Wiles of 1414 Bever avenue SE is in St. Luke's hospital with a chronic ailment. He has been ill since December and was moved to the hospital this week. His condition is described as fair.
Herbert Cosgrove of 4030 First Avenue East was fined 10 dollars and costs for speeding, with the fine suspended on payment of costs. Several others were fined 1 dollar and costs for overtime parking, including C. G. Krebs 2907 First Avenue East A. G. Rebel ski 502 Second Street Southwest Earl Woods 626 Sixth Avenue Southeast F. D. White 602 Ely Avenue Southwest Mrs. F. E. Fluegel 1705 Grande Avenue Southeast and A. E. Childs 2522 A Avenue Northeast.
The Cedar Rapids Gazette lists want ad rates for one day to seven days, with prices per insertion and discounts for multiple insertions. Out of town ads require advance payment and special low rates apply to work wanted ads under classification 22. Ads may be placed by telephone, mail, or in person at the Gazette office.
Miss Elda Kemp announces herself as a candidate to succeed her current term on the school board in the March 8 election. Polls open at noon and close at 7 p.m. in the Service club office.
J L Knight 39 Des Moines was again before the court on intoxication, receiving a thirty day suspended county jail sentence with police escort out of the city and a warning that six such days may trigger sixty days in confinement. John Ryan 49 Kirksville Mo was given thirty days suspended if he leaves the city on intoxication and panhandling. O Vermillion Benkelman Neb paid a $10 fine for intoxication, suspended during good behavior.
A group of old friends met Tuesday at the home of Mr and Mrs William Coffee seven miles northeast of the city to celebrate Mr Coffee s seventy first birthday. Covers were laid for twenty at noon and open house continued in the afternoon for a large group of callers. Mr Coffee was presented a radio.
A Wednesday gathering at the Whitcomb home hosted by Misses Minnie and Metta Whitcomb and W. O. Whitcomb honored Bert Whitcomb’s wedding anniversary. Guests included two cousins and their wives, J. P. Bunting and H. I. Bunting, of Cedar Rapids.
Windsor’s attorney Walter Monckton arrived in Vienna from London amid reports the former king seeks a financial settlement. Three other royal and government representatives are expected Friday to clarify the money issue.
Marion residents traveled to Charles City on Thursday for the funeral of Dr John M Walters former pastor of the Marion Methodist church Attending were Dr and Mrs E T Gough Miss Marian Van Fossen Miss Jeanette Titus Henry Arp Jr Raymond Smith Mr and Mrs C B Vernon J L Papes Mrs James A Wallace and Mrs Leonard Taylor.
Mexican highway chief Carlos Bazan spoke at the Keystone Automobile Club in Philadelphia predicting 50000 visitors will use the Laredo Texas to Mexico City highway in 1937. He outlined daylight travel south of Tamazuncale and recommended overnight stays in Laredo Monterey Juarez Valles Pachuca with Mexico City arrival the next afternoon. He noted traffic kept moving despite incomplete work and cited gasoline at 18 cents a gallon and lower living costs in Mexico.
The Marion Plainsmen 4 H club met Tuesday at the John Rhinehart home with Percy Letson leading a program on The Study of Swine. Members present included Jack Gill, Max Knudson, Richard Schaffer, John Rhinehart, Charles Schaffer, Edward Rhinehart, Kent Finger, William Rhinehart, Joseph Rhinehart, Wayne Jenkins, who was welcomed into the club. Next meeting set with Kent Finger.
The ad promotes PEP New Ostrex Tonic Tablets using raw oyster invigorators and other stimulants with immediate results. Price offers include 79c introductory and $1.00 regular. May's Cut Rate Drug Store at 215 Second Street SE urges calls or letters. The Gazette offers a $25 reward for arrests of deceptive Want Ads and false pretenses.
The Rev. and Mrs. Loren Jenks and their son Keith Vawter will arrive Friday for a two day stay with Mrs. Jenks' mother Mrs. Keith Vawter.
Octo club members will entertain their husbands at a Friday dinner in the home of Mr. and Mrs. C. E. Blinks located at 1400 Tenth Street. The evening will be spent with social activities and conversation.
Lester Jones of Sioux Falls was an overnight guest Wednesday of Mr. and Mrs. K. L. Hoeck.
Mr and Mrs Percy Woolwine of Cedar Rapids were guests Wednesday evening in the home of Mr and Mrs William J Beranek.
Local ads list several beauty shops offering perms from $1.95 to $7.50, shampoos and waves, haircuts, and special services. Shops include Lillian Suchy Beauty Shop, Peacock, Kennedy's, Mrs. Ledom, Helene Beauty Shop, and Aris Academy of Beauty with new locations and contact numbers.
Trojan Lodge No. 548 A F and A M will hold a special session Friday at 7 30 p m to perform the second degree work.
Born to Mr and Mrs George P O Neal 622 Sixth Avenue SE a son Charles Thorval Feb 17 at University hospital Iowa City Born to Mr and Mrs Fred Welsh 333 First Avenue W a daughter Susan Elaine Feb 17 at St Luke s hospital Mrs Welsh is the former Dorothy Morgan of Cedar Rapids Born to Mr and Mrs John Anderson 402 Fourth Street SW a son Feb 18 at Mercy hospital
Graetan Jannone, leader of a European railroad tourist service, became the subject of embarrassment after getting lost just a few blocks from relatives in Rochester New York. The incident highlights the challenges faced by guides touring large cities.
In Minneapolis the AP notes car load lots priced per barrel in 98 pound cotton sacks with patents and standard patents unchanged at 7.70 and 7.45 respectively. Shipments total 21 711, with Pure Bran at 31 31.50 and Standard middlings at 33 33.50.
Louis Omer stepped into a bathtub already filled with water and could not move. He cried for help until his wife switched off an electric plug that had fallen into the tub.
The Marion Community Chorus meets Friday at 8 p.m. in the library auditorium. Solo by Grace Meloney and piano selections by Edna Roberts showcase the evening's program.
Konyanazong Camp Fire group met Wednesday with Miss Barbara Clay for a picnic supper. Plans were made for a roundup Feb. 26 in Legion hall. Miss Martha Ann Young was a guest.
The Prairie Union A. and L. club will meet all day Saturday at the home of Mr. and Mrs. Clyde Scott. Members are asked to bring sandwiches and table service for their families.
The Nazi regime has established a university of defense forces in Berlin. Lectures on army navy and air force are delivered by military men to Reich citizens.
Mrs Jennie Hoover 83 died in Dubuque Wednesday night after a Sunday stroke. Formerly of Marion, she will be buried after funeral services at 2 p.m. Saturday in Anamosa.
The fortress of Gibraltar was ceded to Great Britain by the 1713 Treaty of Utrecht, marking a decisive territorial transfer. The agreement ended English-Spanish conflict and reshaped colonial power in the region.
An advertisement for cleaning and family wash services promoting 32 economy and 16 pounds for $1.89. It claims a liberal number of shirts may be included and provides contact by dialing 6131. The text highlights new process methods from Laundry and Zoric Cleaners.
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