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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 12, 1937
Page
16
Chicago AP reports Wednesday receipts Cattle 11 000 Hogs 25 000 Sheep 14 000 Hog prices slip while cattle show steady to higher bids and sheep reach new crop peaks. Traders cite rising wholesale meat costs fueling mixed moves across livestock sectors.
Hogs receipts 30 000 including 7 000 direct with prices 10 cents lower than Monday. Cattle receipts 10 000 with good steers at 14 25 bid and refused, heifers steady, vealers mostly 11.00 12.00. Sheep receipts 11 000 fat lambs opening slow but steady to higher with bids 10.65 10.75 and asking 10.85 to 10.90. native sheep steady to 5.50.
Hog prices steady to down across three markets on Monday with various weight ranges listed. Waterloo Mason City Ottumwa show lower bids for lighter hogs and mixed results for heavier categories and packing sows.
The AP wire lists hog and packing sow prices in Austin Minnesota with bid ranges for various weight brackets. Notable quotes show 180-200 pounds at about 9.40 to 9.70 per cwt and 325-350 pounds around 9.45. The figures reflect good to choice quality in recent market listings.
Sioux City market reports cattle receipts at 3500 with calves 20 long. Prime fat steers and yearlings fairly active. Other categories show little change while fat stock remains mostly steady.
Stockers and feeders firm with load lots 1010 to 1090 lbs and 1570 lb bulls. Yearlings bring 13.35 to 13.75, heifers 850 lbs down to 8.25 to 8.90, some heavy offerings 9.50, beef cows 4.75 to 6.25, cutters 3.75 to 4.50. Current stocker and feed cattle: steers 500-800 lbs 6.25 to 8.00, 800-1050 lbs 6.25 to 8.00, heifers 5.25 to 6.50, cows 4.0 to 4.5, calves 6.25 to 8.35. Hogs receipts 11,000 with direct 800, mostly 10.00 to 10.20 for 180-210 lb butchers. lighter 160-180 lb 9.50 to 9.90. sows 9.60 to 9.65. feeder pigs 7.0 to 8.5. Sheep receipts 3,800 with weak undertone. choice around 10.50. 98 lb shorn 9.25. fat odd lots 5.75 to 9.25. late Monday lambs not higher. bulk good and choice 10.25.
U S Department of Agriculture report from St Paul South St Paul shows cattle receipts of 3500 with mostly steady prices across classes and best heavy steers around 12.50, calves 2700 steady with good to choice 9.50 to 11.00. hogs 12000 slow to 10 cent decline, top 10.25 for 200-300 lb, lighter weights around 9.75 to 10.10, sows 9.60 to 9.70. sheep 6000 with fat lambs steady to weak, bulk fat lambs 10.25 to 10.50, ewes 4.00 to 5.56, feeding lambs 6.75 to 9.10.
Hogs receipts 11 000 steady to 10 cents lower top 10.30 200 280 lbs 10.04 10.35 170 190 lbs 9.75 10.15 140 160 lbs 9.00 9.50 120 140 lbs 8.50 9.25 sows 9.65 9.70. Cattle receipts 5 500 calves 500 steady to 15 cents higher steers 9.75 13.65 heifers 7.00 9.00 cows 4.75 cutters 3.50 4.50 vealers 7.50. Sheep receipts 6 000 steady to weak bulk lambs 10.00 10.50 and above.
U S Department of Agriculture compiled 24-hour hog receipts at 22 concentration yards and nine packing plants in interior Iowa and southern Minnesota show 29 100 head moved. Prices mostly 10 to 15 cents lower than Monday with light weights 140 to 160 pounds at 8.00 to 8.90 and heavy weights 350 to 550 pounds at 9.00 to 9.65.
Hog prices on the local market continue downward with all good hogs a dime lower and the top down to 10 dollars. Good packing grades dropped five cents Tuesday as other local markets show no change.
Wilson's quotes list good hogs by weight from 140 to 350 pounds with values from 7.65 to 10.00 per cwt and packers bids 275 to 550 pounds ranging 8.80 to 9.55. Cattle prices show choice steers 1000 pounds plus at 11.50 to 12.50, and various ranges for yearlings cows and bulls. Lambs and other offerings are noted with seasonal market levels.
Wholesale grain prices list several staples with unit ranges for wheat oats rye and barley plus corn soybeans and No 2 yellow soybeans. Hay straw and produce sections show prices for hens leghorn hens springs cocks and eggs with adjustments for weight. Farm items include cured hides green hides and horse hides with assorted prices and notes on pony ends and mule hides.
Raw sugar steadies in New York with No 4 contract up 7 points and others near unchanged. March values range around 1.20 to 1.28 per pound, with September contracts near 1.26 to 2.97 for No 3. Market notes show slight net declines to end.
New York AP reports steady foreign exchange with cents demands across nations. Rates listed include Great Britain 91, France 4.6744, Italy 5.26, Belgium 16.87, Germany 40.23, Holland 54.76, Norway 24.68, Sweden 25.33, Denmark 21.94, Finland 2.17, Switzerland 23.97, Portugal 4.47, Greece 0.90, Poland 18.96, Czechoslovakia 3.49, Yugoslavia 2.34, Austria 18.73, Hungary 19.60, Roumania 0.75, Argentina 32.75, Brazil 6.80, Tokyo 28.67, Hong Kong 30.69, Mexico City 27.80. Montreal and New York quote 100.01 and 99.96 respectively.
In Chicago trading, wheat posted a mixed close as early losses were erased by late buying led by a local professional. Prices for May and September fluctuated, with global factors including England’s surplus and Liverpool trade influencing sentiment. Corn and oats moved modestly, while government stocks data supported buying across grains.
Market notes list Chicago cash wheat oats rye and soy bean bids and price ranges across No. 2 white through No. 5 mixed grades, with sample grades and miscellaneous seeds. barley feed and timothy clover seed quotes also included, noting unit prices and terms.
AP markets report 44 car wheat receipts in Minneapolis with No 1 heavy northern spring at $1.577 to $1.66, No 1 dark northern around $1.56, fancy No 1 hard Montana at $1.477 to $1.49, No 1 dark hard Montana winter about $1.41, and No 3 yellow corn at $1.16. Oats No 3 white quoted near $0.523 to $0.544.
Chicago markets show steady poultry with varied prices for hens, broilers, and turkeys. butter and eggs hold mixed receipts and values. potatoes on track with mixed U S No 1 prices across Idaho Russet Burbanks and Colorado Red McClures amid modest demand.
New York AP market notes show eggs receipts at 26 572 unsettled with mixed colors and various pack and size prices. Butter receipts 14 742 with creamery prices higher. cheddar cheese receipts 259 679 quiet. poultry prices steady to firm by freight with specific Leghorn and fowl price movements.
Chicago buyers noted in AP dispatch that butter futures closed with storage standards for January at 32 1 2 cents, February 32 42, and March 32 44 cents. Egg futures followed with refrigerator standards January at 18 1 2 cents and October at 25 cents, while fresh graded firsts for January stood at 23 1 2 cents and February at 22 1 2 cents. Idaho Russets futures showed January No. 1 at 3.85 dollars and March grade referenced.
U S Department of Agriculture reports all Ohio fleece wools closing strong. Fine Ohio Delaine sold 45 to 46 cents in grease, 47 cents asked for other unsold lots. Combing lengths priced 40-42 cents, %% blood grade 47-49 cents for staple combing lengths and 42-44 cents for combing lots.
AP dispatch notes flour pricing with carload lots per barrel in 98 pound cotton sacks. Family patents and standard patents show unchanged figures around 7.65 to 7.85 per barrel. Shipments listed at 20.250 with bran at 35.00 and middlings near 35.50.
In New York the stock market pared early declines as trading remained active with large volume and steady quotes. Gains appeared in several names including Deere, International Harvester, Distillers Corp Seagrams and Canada Dry, while General Motors and steel sectors lagged amid the ongoing strike. Bonds were weak and commodities mixed as rails held firm and utilities showed momentum.
Financial listings show a broad array of stocks quoted with prices and percentages across many companies including Am Can, General Electric, United Fruit, Ford, Coca Cola, IBM, and Sears Roebuck, reflecting trading activity and relative strength in New York and Chicago markets. The list names numerous corporations, mines, and utilities, indicating a snapshot of market standings and sector variety for the day.
The Hawkeye group met at Mrs. H. H. Towne's home and elected officers: President Mrs. Henry Hemke Vice president Mrs. Donald Gundacker Secretary Mrs. George Hyman Treasurer Miss Emma Reickel.
The Hawkeye Co operative Telephone company elected officers at its annual meeting. President Chris Hennig. vice president H. J. Schlatter. secretary and treasurer Walter Belschner. Directors include L. K. Campbell, C. A. Mitchell, and Emil Moshel.
Grove City Rebekah Lodge No. 35 held an installation in I O O F hall with district deputy president Mrs Gladys Ballard presiding. The event featured prayers, floral tributes to retiring noble grand Amelia Murphey, and installation of officers led by Mary Swayne as noble grand and Ruth Norris as vice grand among others. Refreshments followed for about fifty attendees. A separate notice lists community club meetings, programs, and a funeral for John Grimes at Yocom chapel Wednesday.
New York bond traders saw a mixed, narrow range with rails among the leaders in gains while industrial and utility loans edged lower. Government bonds mostly fell, with exceptions for 1951 treasuries and 1946 3s. Foreigns moved higher on several fronts, as concerns over auto strikes and upcoming new issues weighed on demand for low coupon liens.
In New York the AP reports U S bonds closing with varied results across issues. Treasury 4s mature 1947-52 trade at 120.30, 4s 1944-54 at 114.29, 3 9s 1940-43 June at 107.3, 3 8s 1943-47 at 109.28, Treasury No 3106 a 1946-49 at 108.11, and 3s 1951-...
NEW DEMOLAY HEAD Lewis Harlan is to be installed master councilor of Linn chapter 900 with Marion chapter 10 in a joint installation. Other DeMolay officers include John Stewart as senior councilor and Sam Patterson as junior councilor. The DeMolay Dad is Claude Knapp. Royal Arch Masons install by John Thompson of Cedar Rapids. Entertainment and refreshments follow.
Residents plan church meetings picnics and rehearsals as elections and reports follow a 6:30 dinner. Activities include the Methodist choir rehearsal at Mrs Teresa Naso Meci s home and a Presbyterian skating party at Emerson School.
The Cedar Rapids Traveling Men’s Club chose Joe Danziger as president at the 22nd annual meeting attended by about 150 at the Elks club. Elected officers include Walter Workman as vice president Burt R. Day treasurer and Peter F. Bailey secretary with H H Hahn Emil Pazdera Arthur E. Chase Lew Zalesky and J W Thompson as directors and Rev. George Dunlap as chaplain.
Karl Schillig, 28, of Iowa City, was fined $25 and costs after police arrest in Davenport on a disorderly conduct charge. Detectives reported finding five marble gambling machines and other devices in his automobile. He pled innocent and said the machines were stored in a tavern. He signed a waiver consenting to destruction of the devices.
The text lists ad size options and pricing for one day through seven days. It shows rates like 40 cents for two lines, 90 cents for three days, and increases to 1.68 and 3.36 in later entries. The formatting is inconsistent with mixed line counts.
Patty Tyler announces a rummage sale at 1251 10th St BE on January 13 starting at 9 o'clock. Includes old gold and silver items, fillings, and quilting materials priced from $1.50 to $3.00. Dial 6037 for prints and hospitality items.
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