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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 05, 1940
Page
3
In Chicago the hog market showed strength with lighter weights selling 5.65 to 5.90 and a top of 5.90 to 6.00 on a single load. Cattle trade remained slow and uncertain while fat lambs held steady after Thursday’s drop. Open market hog receipts reached 14 000, with 8 500 direct to packers and total receipts beat estimates by 2 000.
U S Dept Agriculture cattle hogs and sheep data from Chicago and Omaha show receipts and price ranges. Hogs in Chicago hit top around 5.99 with varied weights and sows lower. cattle steady to weak with heifers and yearlings near 7.25 to 9.90. sheep and lamb trade mixed with fat lambs around 8.75 to 9.10 and yearlings 7.25 to 7.50, Omaha figures show slower hog activity at top 5.59 and cattle softer in some classes.
Austin Minn AP market report lists barrows and gilts across weight ranges from under 150 pounds to 450 plus. Prices shown span about 3.80 to 5.20 per unit with several multipliers and decimals inconsistent due to OCR.
Market report totals receipts for cattle hogs sheep and calves across St Louis St Paul Waterloo and Mason City. Prices show steady to slightly higher bids on cattle hogs and sheep with varied ranges by weight and category and by region.
U S Department of Agriculture combined hog receipts at 16 Iowa yards and 10 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am. Priday totals 43 000 head versus 46 500 a week earlier and 64 900 a year ago. Barrows and gilts steady to 15 cents higher with loads heavier than 32 100 week. Good and choice 160 180 lbs 4 80 to 5 35, 180 220 lbs 5 15 to 5 45.
Lamson Brothers and Company furnishes grain quotations for Chicago markets. H. R. Mowrey manages the Cedar Rapids office located at 503 Merchants National Bank building.
A fragmented price table shows per hundredweight bids for cattle across weight ranges from 220 to 500 pounds. Quotes vary by grade with terms good and choice and notes on lows, plus several figures mixing dollars and decimals.
Salable cattle receipts 600 calves 20 fed yearlings and light steers steady medium weight beef cattle slow heifers little changed cows slow stockers and feeders scarce steady hogs receipts 4200 very slow early sales steady to 10 cents higher top 54.0 for 200 lb plus good 160-240 lb butchers 52.5 54.0 Packers at 3.25 240-270 lb 51.0 5.25 sows 4.0 4.5 feeder pigs 4.5 5.0 sheep receipts 1000 fat lamb trade not established early undertone steady good and choice around 8.50 8.75 slaughter ewes 2.25 3.50 load short bred ewes 4.25
Local hog market shows steady to slight gains with light prime hogs up to 240 pounds up a nickel. Other grades including packers hold steady as top price reaches 5.30 dollars.
Wall Street quotations list prices for a wide range of stocks and bonds from Adams Express to Zenith Radio, with numbers and percentages across many industries. The page labels various companies including Allied Chem, Johns Manville, Kennecott, National Biscuit, Procter Gamble, Radio Corp, Chrysler Motors, Ford, Western Union, and Zenith Radio among others, showing bid and ask style figures and closing levels.
A Cedar Rapids market list shows grain prices for No. 1 wheat 88c No. 2 86c oats No. 2 36c No. 3 33c Rye No. 2 43c and assorted barley buckwheat and soybeans with hay and straw values. Produce prices include butterfat 30c cream 29-21c lemons oranges grapes cranberries and apples with market quotes for vegetables and fruit. Live poultry rates list hens leghorns springs roosters and stags with weights and prices. hides and horse trade values noted.
Chicago AP receipts show butter prices mostly steady with creamery grades at 31 4 to 33 1 2 cents. Eggs receipts around 12 345 with steady demand. Potatoes on track 220 total US shipments 657. light trading due to cold weather. New York eggs receipts 17 811 mixed colors with standard to fancy grades varied. butter firmer with creamery up to 33 1 2 cents and firsts about 29 1 2 to 30 2 cents.
Butter storage standards and egg refrigerator standards are shown with cryptic February figures. The notice appears in a futures market column prepared by Lamson Bros and Co.
Stocks faced a mild selling mood on Friday offsetting earlier market strength. The session saw narrow changes in preferred and special issues with late afternoon pressure on steels and aircrafts. Volume rose briefly near the close with about 800000 shares traded. American Telephone and Telegraph led to new highs for 1939 through 40 while American Can Woolworth Standard Oil of New Jersey Texas Corp Chesapeake and Ohio showed resilience. Curb market leaders included Central Hudson Gas and Electric Consolidated Mining and Smelting and Aluminum Ltd.
Market notes show 40 bonds trading around £0.38 with a small rise of 0.06 on second grade rails at 50.11, while higher grade rails inch up 0.83 and a 109.33 point gain is recorded. Minor shifts appear in listed items including Hull’s and Ekstrom transfers.
Wheat prices sagged on the Chicago board led by Winnipeg trends with May wheat about 1% lower at 1.04 to 1.03 depending on quotes. Corn and soybeans also slipped, oats little changed, and local receipts noted 8 cars of wheat and 62 cars of corn among others. Winnipeg prices showed slight gains in the futures board.
New York markets saw selling pressure in Scandinavian issues as investors feared broader war involvement. Several issues dropped fractions to about two points while some rail and utility bonds posted gains. U S treasury loans showed a minor turn amid rising idle funds.
Wisconsin cheese quotation list for the week of January 1 to 6 shows daisies at 15 3/4 cents, brick at 14 4/5 cents, cheddars at 15 cents. Farmers call board notes daisies 15 1/2 cents and horns and cheddars at 15 cents.
Edgewood Ray Minkler as grand chancellor assisted by Harry McCarthy and James F. Adams installed officers for Knight of Pythias Lodge No 358 including Chancellor Commander Carl Tilp and Master at Arms Kenneth Arthur. Pythian Sisters Temple No 45 installed officers led by installing officer Mrs Lela Hamlett with grand manager Mrs Laura Henderson and grand senior Mrs Laura Smith and listed officers.
Rates for distributed want ads show minimum two lines with five words in the first line and six in each additional line. Prices vary by number of days and lines, with advance payment required and a 10 cent surcharge for certain copy. Telephoned and mailed ads accepted, with deadlines at noon for same day and 8 p.m. Saturday. Dial 2-1121.
Moscow reports a concluded commercial treaty with Bulgaria opening a largely undeveloped trade field. Negotiations with Japan and Germany continue. Bulgarian sources say the pact centers on a Black Sea shipping accord and excludes political questions. A Japanese delegation arrived in Moscow for trade talks.
Announcements note the passing of Ellen May Cabaika with a devotional reflection. The piece honors her as a pure and lovely child a flower given by the Heavenly Gardener and taken to heavenly glory.
Several lost items appear including a brown leather billfold at Hotel Roosevelt with valuables, a blue brushed wool sweater with Rebekah pin on C Ave NW, a female black cocker dog with 1940 license, a black and white male wirehaired terrier with reward, and a brown billfold containing cash and checks. Also notices about classified ads policies, local services, and business advertisements.
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