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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 10, 1940
Page
8
Hog prices fell again as receipts swelled, with most weights 10 to 15 cents lower and lighter weights down 15 to 25 cents. The top declined to 5.50 from 5.75, salable hogs reached 25 000 with 5 000 more than expected, while packers took 4 500 extra direct.
Receipts total about 25 000 hogs 9 500 cattle and 5 000 sheep with live demand active. Hogs show lighter weights down 15 to 25 cents with top around 5.40 for 210 to 240 pounds and 5.20 to 5.30 for 240 to 279 pounds. Cattle see finished Welsh gains up to 12.00 for light yearlings and steady heifers, with mixed grades and wider price spreads. Sheep market is steady to 15 cents lower on fat lambs and yearlings, with wool lambs around 8.25 to 9.00 and slaughter ewes 4.90 to 4.85.
In St Paul and South St Paul slaughter cattle were steady with buyers active for good yearlings and cows. hogs declined slightly with 229 lb hogs down about 6 to 12 cents and sows lower. sheep and lambs saw limited activity with slaughter lambs bidding up to 8.50 to 8.75 and ewes and feeders around 4.00 to 6.00. Cattle prices included steers 7.75 to 8.75, heifers 7.50 to 8.50, and beef cows 5.50 to 6.50. hogs 19 weight range 4.10 to 4.50 for sows and 5.30 for top reed and reed fat. sheep lambs 8.50 to 8.75, ewes 4.00 to 4.58.
Hogs show mixed quotes across weight ranges with good and choice 149-159 Ibs at 3.90 to 4.00 dollars, 180-220 Ibs near 5.00 to 5.75, and 220-300 Ibs around 4.60 to 5.15. Cattle remain unchanged. packers and feeder brackets list varied bids from 3.60 to 6.25, reflecting steady demand and broad weight-based spreads.
OMA TIA LIVESTOCK OWARA UG Dept. Hog prices show general weakness with rounds to 5.90 for shinpers 145-220 lbs and 5.10 to 5.20 range for other weights. Cattle receipts 4 500 under tone weak with steers yearlings and stockers steady to weak. Sheep receipts 6 000 fat lambs weak to 5c lower with sheep and feeders steady. Slaughter ewes and feeding lambs also noted changes.
Combined hog receipts from 16 market yards and 16 packing plants in interior Iowa and southern Minnesota for the 24 hours ended 8 am Wednesday totaled 27,400 head, down from 42,200 last week and 40,409 a year ago. Prices ranged by weight with bids from 3.75 to 5.35 dollars per hundredweight, showing mixed movement and lighter trading for varying weight classes.
Livestock market snapshot shows hogs and cattle prices with varied weights and grades. Minnesota markets list barrows and gilts per weight range with multiple price points while Sioux City reports cattle receipts, bid ranges for steers yearlings fat cattle and cows, and hogs selling under salable demand with fluctuating quotes.
Prices edge lower across cattle hog and sheep sectors with top weights cited. Shipper buys reach 5.20 for 1280 200 lb steers, heifers 5.006 5.15, packer 5.10 for 230 lb. Downers 240 270 lb butchers 4.80 5.00, heavier weights slow. Sows 4.00 4.20, stags 3.75 14.00. Feeder pigs 30c at 4.00. Sheep receipts 1.50, fat lamb trade weak, seed and choice wool skins around 8.50 8.75, slaughter ewes scarce, salable bred ewes about 5.00.
Hogs remain slightly weaker on the local market with all grades down five cents, top price now at 5.15. Cattle market remains steady with ranges listed for hogs by weight and several price points for packers and varied beef grades.
New York AP reports a mixed session with a late turn to gains as short covering and tightening offerings helped lift steels motors and aircrafts. Major declines early gave way to modest advances as Pennsylvania based leaders including Bethlehem General Motors Chrysler Studebaker United Aircraft and Crown Cork held firm amid thin supplies.
The column lists numerous stocks with prices and changes across many companies and sectors. It notes the president of Argentina serves a six year term.
A Cedar Rapids price column lists grains, feed, dairy products, poultry, and produce. Wheat and rye prices show No. 1 to No. 3 grades, corn shelled, buckwheat and soybeans, plus baled straw and butterfat. Poultry prices cover hens and springs by weight, with leghorns and roosters noted. Produce items include lemons, oranges, grapefruits, celery, lettuce, onions, cabbage, tomatoes, carrots, cauliflower, potatoes, cranberries, and market terms. Additional hides and animal products with unit values are listed at period-standard rates.
Butter receipts 574.411 firm creamery 93 score 33. Eggs receipts 9.913 steady fresh eroded extra firsts 19½c. Poultry receipts 4 trucks steady hens 4 pounds up 1sc under 4 pounds ll'sc leghorn prices varied. Potatoes on track 111 shipments 723 total best northern whites firm slight strength western stock steady. Idaho Russet Burbanks US No 1 1.77 1.92 best around 1.90. Colorado Red McClures US No 1 1.82 1.85. Nebraska Bliss Triumphs US No 1 washed few sales 2.10 2.20. North Dakota Red River Valley cobbiers 75 85c US No 1 1.25 1.40 mostly 1.25. Early Ohios 75 35 per cent US No 1 1.10 1.35 unclassified 1.06 1.02 new stock dull supplies moderate demand slow too few sales to establish a market.
AP notes New York egg receipts totaling 29 327 with mixed colors and varied grades. Cheese receipts reach 359 864 with prices unchanged and creamery items higher than extra, reflecting firm markets.
February prices from Lamson Bros. & Co. reveal butter storage standards with February value at 29.90 and January fees for refrigerator standards listed as 14.35. The brief commodity note records furnished storage figures and related charges for dairy equipment.
Wheat futures in Chicago advanced in late trading after an erratic season. The British government's purchase of about 20 million bushels of Canadian wheat supported prices with May futures near 1.02 dollars. Near term gains were tempered by hog market weakness and warm grain belt weather. local receipts totaled 70 cars.
Chicago AP notes cash wheat at 1.0354 with sample grade 61.00 percent. corn values range from 64 to 87,6756c, soybeans at 1.16 to 1.18, oats mainly 41 to 44c, and various seed prices for timothy, red clover, red top, Alsike, and alfalfa. Minneapolis AP reports receipts and quotations with No 1 dark northern wheat at 1.04 1/2 and durum options. corn No 3 yellow 52 to 53 1/2c. oats No 3 white 39 1/4 to 39 3/4c. barley around 40 1/2c.
Townsend club No. 6 meets Thursday at 7 30 p m in city hall council chamber the public invited Walther league to meet Thursday 7 45 p m at Trinity Lutheran church first avenue and Fourteenth street W Haircuts offered by Tanna Barbers Leval Workers Sunday school meets Thursday 2 1 pm at TM Gregory 2307 Meadow parade picnic rain date noted Greek ladies auxiliary meets Thursday 7 30 p m at Sekol Feil to plan March as well as April 17 event Shepherdess Guard meets Saturday 4 p m at Masonic hall follow business with picnic supper chaired by Leila Beatty Lillian Myers Lulu McKinnon Mabel Folock Marguerite McGlaughlin and Marie McClaughry Travis on child desertion warrant held in county jail case set Friday bond $500 not posted
At 8:15 to 9 this evening on WMT, Prof. Charles P. Culver of Foochow China will discuss America’s invasion of China. Culver, a former AP correspondent in the Orient and ex US consular service member, now leads the Christian industrial mission in Foochow.
Wisconsin cheese quotations for the next week from the Wisconsin Cheese Exchange list a variety of products with prices in cents. Daisies 16, brick 14 4, horns 16, cheddars 15. Farmers report daisies 11 6, horns 6, cheddars 0.
Mr and Mrs Bedford P Lattner and Mr and Mrs Henry J Hromek traveled from 2310 Fourth avenue SE and 1715 Second avenue SE to Grinnell today to attend the funeral of Mrs Sara L Steiner wife of Dr Edward A Steiner noted writer and lecturer and Grinnell college faculty member for over 30 years.
The New York bond market saw utility and industrial loans edge up slightly while several rail issues slipped. Near noon gains came from American and Foreign Power 5s Commonwealth Edison 32s Armour 45 of 55 and Shell Union 2s5. International Telephone 5s showed strength as Chicago and North Western 4%4s of 49 Illinois Central 4%4s and Missouri Pacific 5s of 77 declined. Foreign dollar issues improved with German 52s 65 and 49 7s rising Norwegian 6s 43 44 Finnish 6s 45 Uruguay 6s 60 jumped about 5. U.S. government bonds remained firm with Treasury 3s around 46-49 and 4%s near 47-52.
Wal tonian luncheon club will host a Thursday noon debate at the Lafayette club room on whether a country girl makes a better wife than a city girl. Aff firmers Carl Hendrickson and Dave Elderkin will speak alongside Henry S. Ely and William W. Man Jr. presenting the new FE at Ced Spica. Staff from the Checurs Sup ply comm pan s 255-Firs see SE attend a model electrical equipment display in Des Moines. Cedar Rapids attendees include FE C Hoover K Z Harmer H Thompson Ted Tathwell Bruce Pryor George F Martinek Ray Westfall and Mrs Harold Smith. Paul Kohl and Glenn Harmon traveled from Mount Vernon.
Robert Bell of a Belden Hill cigar store reported 20000 smokes of one brand and 15000 of another were stolen from a truck the night of December 17. The truck was loaded at Belden Hill warehouse and moved to a First Avenue service station for the night. Driver Dominic Prochaska noticed the theft the next morning during his first stop at Mount Vernone. About half of the cartons in each case were taken and police were alerted Tuesday after store officials checked their records.
The Linn county soldiers relief commission 1939 report approved by supervisors shows total expenditures of 21,847.29 dollars. Major items include groceries 11,702.93 dollars rent 3,961.95 dollars coal 1,705.71 dollars milk 1,386.66 dollars administrative expense 1,758.02 dollars and other costs. The 1938 report listed expenses at 27,530.26 dollars.
Linn county supervisors ordered two 48 by 60 inch walnut finish steel desks with glass tops to replace the long serving board room table. The Morris Sanford company of Cedar Rapids will supply and install the desks for 276.99 delivered to the courthouse.
The county will replace inadequate supervisor drawers with double faced desks offering extensive filing space. Bids for walnut finish desks included Holden-Kahler $284.20, Lefebvre $284.94, Walton Keller $290, Remington Rand $275.10, Pioneer Lithographing $290, and Laurence Press $266.76. Sanford bid deemed low on complete specifications.
Franklin high school's Miss Helen Keith led an a cappella choir at Coe chapel services. Dr. David I Berger presided. The program featured Bach, a Russian church chant, and a Tschaikovsky number.
The Cedar Rapids Gazette lists want ad rates and rules with line counts and daily publication deadlines. Rates vary by ad length from two to seven lines with different prices, plus out of town and box number handling fees and special Work Wanted rates.
Washington report Edward A. O Neal president of the American Farm Bureau federation awarded Chester C Davis of the Federal Reserve Board the federation medal for distinguished service to American agriculture. Davis has represented agriculture on the reserve board since 1936 and earlier served as administrator of the agricultural adjustment act.
The agriculture department announced on Wednesday the appointment of J. O. Babcock, formerly of Iowa, as administrative assistant to H. R. Tolley, chief of the bureau of agricultural economics.
May’s Drug Store advertises a tasteless remedy that supposedly stops liquor habit and can be added secretly to food or drink. Mail orders available for $1.98 from 215 Second St. SE.
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