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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 24, 1940
Page
10
Chicago AP reports hog prices steady amid light supply with little salable stock. Estimated receipts for Monday list cattle 12,000 hogs 25,000 sheep 12,000 as of market notes. Best hogs held at around 5.60 per hundredweight, matching yesterday's top.
U S hog receipts total 7 000 with steady trade on small supply and top hogs reaching 5 60 while 200 to 260 pound hogs average 5 10 to 5 40. Cattle receipts 100 with high grade steers and yearlings up 50c, tops 12 75 for 985 pound yearlings. cows and bulls mixed gains. Sheep receipts 500 with fat lambs steady to 60 75c higher, top at 10 00. slaughters 4 50 to 5 60. feeding lambs scarce.
Associated Press summary of hog prices across Ottumwa Mason City and Terloo markets. Hogs steady to higher with ranges from 120 to 600 pounds and prices listed by weight, plus cattle unchanged. Includes packer and sow categories and regional variations.
U S Department of Agriculture market summary from Omaha shows hogs with receipts 200 and total 2 500 for the week, barrows and gilts steady to $0.15 lower, sows down $0.25, light lights and pigs off $0.25. Cattle receipts 50 and 175 for the week with fed steers and yearlings up $0.40, stockers and feeders up $0.25, bulls strong, top loads near $11.35 for 1 215 lb steer, Angus steers at $12.25, heifers $7.25-$8.50, cows $4.00-$6.25, bulls $6.25-$6.75. Sheep receipts none to 200 with fat lambs $0.35 higher to $9.50, ewes $0.25-$0.35 higher, feeding lambs $8.35-$8.70, bred ewes $4.50-$5.00.
Salable receipts show 150 cattle and 600 hogs with varied movements. Beef steers and yearlings rose 25 cents while fat stock advanced. hogs topped at 5.00 with many classes steady to weak. sheep had no receipts, fat lambs reached a late September high at 9.85, feeder lambs and ewes also quoted at prevailing levels.
Feeder receipts 400 cattle with increases across categories. Slaughter steers up 25c. heifers 7.00 to 9.00. bulls up 25c. stockers steady to 25c higher. Hog receipts 500 with top price 5.15 to packers, light hogs 5.20. Sheep receipts 500 with fat lambs 45 to 60c higher and good to choice lambs at 9.25 to 9.75.
Combined hog receipts at 16 concentration yards and packing plants in interior Iowa and southern Minnesota for the 24 hours ended 8 a.m. Saturday totaled 34 400, down from 38 300 a week earlier and up from 26 000 a year ago. Prices ranged by weight with mid ranges around 4 80 to 4 90 for 180 200 lb hogs and 3 60 to 3 90 for heavier sows.
The report provides live hog prices for Barrows and gilts and sows across weight ranges from 140 to over 450 pounds. Prices per hundredweight span roughly from 3.35 to 5.00 dollars, with varying bids for each weight class.
Lamson Brothers furnishes grain quotations with H R Mowrey listed as Cedar Rapids manager at 503 Merchants National Bank building. Phone 2 3141.
For the third straight day hog prices hold at 5 dollars with no change Saturday. Cattle market remains steady as well. Fancy selects 140 to 190 pound calves at 9.50 and genuine lambs 70 to 90 pounds at 8.00. Bucks one dollar lower, others by quality.
Cedar Rapids markets show mixed prices for grains and livestock. Wheat and oats quotes vary by grade, with corn and soybeans priced per bushel, plus hay, butterfat, and cream prices. Poultry rates cover hens, leghorns, roosters, and stags, while fruits vegetables and dairy list per unit or carton prices. Beef and hide prices appear, including calves and horses.
CHICAGO receipts show butter at 1,114,322 unsettled with 93 score 28 4c and 92 at 28,284c. Eggs receipts 14,014 weak with local extra firsts at 19c, cars 19 34c. current receipts 17 42c. Potatoes arrivals 91 on track 395 total U S shipments 868. demand varying with regional stock like Idaho russets, Nebraska Triumphs, and Bliss Triumphs. prices listed for U S No 1 and No 2 across several states with light demand and dull market conditions.
AP reports early New York market data showing eggs mixed in color grades with fancy to extra fancy at 21 1/2 to 22 cents, storage packed firsts at 20 cents, current receipts 19 cents, and middlings 18 1/2 to 18 3/4 cents. Butter receipts reach 1,195,161 with higher creamery prices. extras up to 92 score at 28 1/2 cents. Cheese receipts 327,497 show prices unchanged.
Independence A. R. Henderson and Edgar Crain Rowley were reelected as directors of the Buchanan County National Farm Loan association at the annual meeting held here Wednesday. Roy H. Hilton from the Omaha office spoke on planning and cooperation in farm management. Dinner was served to 100 stockholders and guests.
New York AP reports a quiet trading session with about 300000 shares. Aircraft stocks led the upside amid signs of expanding international markets for American planes, with Douglas United Aircraft Bendix Martin Goodyear and Loft rising while Chrysler Texas Corp Montgomery Ward Bethlehem Western Union Union Carbide Eastman Anaconda and Phelps Dodge fell.
Published stock table lists dozens of corporations and prices led by Alleghany Corp and Intl Nickel with many others such as Kennecott, Texaco, Union Carbide, General Electric, and Goodyear. Includes price fractions, spread notes, and trading references for a Saturday edition.
Wheat closes two cents lower on the Chicago Board of Trade as hedge selling and loan wheat liquidation fears weigh on prices. May wheat at 1.0415 to 1.0450 a bushel. corn oats and rye also slip. soybeans drop 11 to 34 cents. Weather forecasts point to below normal winter wheat temperatures and expected precipitation across the belt.
Winnipeg market shows May at .90% and July near .91 with slight gains. Chicago cash grain lists No. 2 hard at 1.0734 for wheat and various corn oat barley, seed, and forage values with mixed quotes across grades and per 100 lbs. Notes on lard and bellies round out the commodity table.
AP Minneapolis notes Saturday wheat receipts at 279 cars, down from 69 a year ago, with quotations mixed. No. 1 heavy dark northern cash at 1.04 to 1.05 per bushel, No. 1 dark northern around 1.03 to 1.04, Montana hard and durum prices around 1.01 to 1.06, and corn No. 3 yellow 52.5 to 53.0 cents with quotes down 4 cents. Oats No. 3 white 40 cents, barley 40 to 60 cents.
U S government bonds closed Saturday with Federal Farm Mtg 3s around 105.30 and Treasury 2498 49-53 near 105.70. Domestic corporate bonds showed a good undertone while government issues edged slightly lower and some foreign issues declined amid modest activity.
Wisconsin cheese quotations for the week Feb 26 to March 2 list Daisies 15c bricks 134c horns 1442c and cheddars 14 2c. Farmers call board shows Daisies 15c horns 14c cheddars 14 4c.
New York reports weekend profit taking and liquidation unsettle sugar futures. Both world and domestic contracts declined with refiners and Wall Street covering early, then selling pressure intensified. The refined sugar market held at 4.50 cents.
U S department reports last week mostly quiet conditions for greasy shorn domestic wools in Boston. Low quarter blood grade saw active demand and steady price gains while other combing grades had scattered orders and barely steady prices. Greasy delaine fleeces quoted 37-40 cents, half blood 38-40 cents, and three-eighths to quarter blood 42-43 cents.
Fred Clyde of Marion quit his Linn county home position on February 22 citing excessive duties beyond dairy and meat cutting. He rose at 3 45 a.m. and worked seven days weekly until after 7 30 p.m. Clyde earned 40 dollars monthly with room board and laundry.
A snowstorm dumped up to eight inches across the Midwest and moved eastward bringing extreme cold as low as 25 below in Aberdeen South Dakota. Milwaukee reported eight inches of snow while Omaha streets froze over. Forecaster Gordon E Dunn warned of clearing but plunging temperatures and widespread precipitation from the Mississippi to the Appalachians.
John M. Redmond longtime Cedar Rapids attorney and former mayor dies Thursday. Honorary pallbearers include Linn County Bar association members. city council to attend in a body. Service Monday at 2 p.m. in Beatty chapel with Rev. O. A. Myer of Robins officiating. Burial in Oak Hill cemetery. friends may call at the chapel.
Louis M. Snyder 73 of 928 Nineteenth street SE Cedar Rapids died in a local hospital at noon Saturday after a long illness. Born March 8 1866 in Ashland county Ohio he lived in Cedar Rapids 32 years retired blacksmith. Survived by son Howard M. Snyder and daughter Nora M. Deal both of Cedar Rapids three sisters Clara Porter Spokane Washington S G Hoover Canton Ohio and Flora Caskey Wooster Ohio. Funeral Tuesday 2 p m Beatty chapel Rev Henry Scherer. Burial Oak Hill Cemetery. Friends may call after 7 p m Sunday.
Robert F Douglass 67 of Cedar Rapids died after a brief illness in a local hospital at 10 10 a m Saturday. Born May 29 1872 in Ohio he came to Cedar Rapids as a child and lived here since. A Grand Hotel clerk for five years he belonged to St Pauls Methodist church Mount Hermon lodge A F and A M the Knights of Pythias Waltonians and the Dosire. Surviving are his son Millard two grandchildren Richard and Margot Jane Douglass a brother W F Douglass of Hampton and a sister Mrs William Bechtle of Los Angeles. Funeral at Moon chapel Monday at 1 30 p m conducted by Dr Charles J Bready burial in Wilson cemetery Independence. Friends may call at the chapel.
Funeral services for Mrs Katharine Smejkal widow of Joseph Smejkal and former Cedar Rapids resident die at home in Santa Ana California will be held Monday at 8 30 am at Barta chapel and 9 am at St Wenceslaus church with Msgr August Vojacek presiding Burial follows in St Johns cemetery She was a St Anna lodge member and survived by her husband two daughters three sons nine grandchildren and two sisters Friends may call at the chapel Sunday afternoon and evening.
Funeral services for James Primrose who died Thursday will be held at 2 p.m. Sunday in Turner chapel conducted by Rev. W. A. Montgomery. Burial will follow in Fairfax cemetery.
The Y M C A business men's conditioning class ended its first term with a Friday dinner for 35 members. Winners in an attendance contest ate chicken, losers beans. Horace Hedges acted as toast master, honoring Lee Henderson, Sam Hawkins, and class members. Prizes went to Henry Kling, Don Lynch, and LeRoy Hahn for best attendance. Ray Allen showed colored movies of the world’s fair and Florida mid winter.
Mrs Neal Blok hosted a Friday birthday dinner for her daughter Betty with guests Geraldine Caldwell Barbara Armstrong Theola Hyde Kathleen Waline Lois Mitchell Beverly Walker Virginia Franklin Bonnie Thompson Loyce Schenken Mary Frederick Bretta Gleason Dorothy Sloan Shirley Miller and Kathleen Mowers. The item also notes local social visits and ads.
Mrs George Reichard will return Sunday from Maquoketa where she has been the guest of her son in law and daughter Mr and Mrs Elwyn Miller Wanted home laundering Phone 377 Miss Elizabeth Self a teacher in the North English public schools is spending the weekend here with her mother Mrs George W Self
Mrs. C. C. Carpenter returned home Friday from Dubuque where she stayed with her son in law and daughter Mr and Mrs F L Kelly. Theresa Farley a freshman at Cornell college is spending the weekend with her parents Mr and Mrs Lawrence Farley. Ld. Smith employed by the Milwaukee railroad at Perry is spending the weekend in Marion with his family.
Mrs. Leonard E. Storm hosted the Athenian club on Friday with a program titled Democracy and the Home by Miss Bernice Toms. Fifteen members attended in colonial costumes and refreshments were served.
A mysterious benefactor sends cashiers' checks of 100 dollars or more to Missouri Ozark residents and organizations. In Springfield gifts total 12 900 dollars. Three former merchants and a widow in Ava have received checks of 150 and 100 dollars each.
A list of church services in Marion covering Baptist Rev. L W Inman Catholic Rev T J McElliott Christian Congregational Free Methodist Methodist Epworth League Presbyterian St Paul Evangelical Lutheran and Seventh Day Church of God with times for Bible school worship sermons and special services across the week including prayer meetings choir rehearsals and Lenten observances.
Sixth street at Ninth avenue Sab bath school Saturday at 10 30 a m Preaching at 11 30 a m Prairie Chapel The Rev J B Clyde pastor Sunday school at 10 a m Morning worship at 11 Epworth League at 7 30 p m Alburnett Methodist The Rev J B Clyde pastor Sunday school at 9 30 a m Morning worship at 10
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