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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 14, 1937
Page
21
Chicago buyers note hog prices up five to fifteen cents as supplies shrink to 16 000 head, while cattle slide and wholesale demand slows. Beef and pork prices ease, hogs cap gains at around 10 50, with lambs showing modest strength in early rounds.
Chicago receipts 16 000 hogs including 5 000 direct rise 5 15c from Wednesday average. Sow prices steady top 10 50. Bulk good and choice 180 300 lbs 10 35 10 45. Cattle receipts 5 000 calves 1 000. steers and yearlings mostly steady to 25c lower. best long yearlings bid at 14 25. bulls to 13 85. stockers and feeders 25c lower. Sheep receipts 11 000 fat lambs in broad demand with bids up to 10 40 to 10 65. ewes 5 00 6 00. St Paul market slow with slaughter cattle around 7 00 9 00. heifers 7 25 down. cows 4 75 5 75.
Cattle bulls weak to 25 cents lower with good and choice prices around 6.50, stockers little changed, calves 2 600 with dealers steady. Hogs receipts 12 500 with prices from 9 25 to 10 15 for various weights, sheep receipts 7 000 with fat lambs steady to lower and feeding lambs around 9 00 to 9 50. ewes 4 00 to 5 50.
U S Department of Agriculture cattle receipts reach 2 500 with calves and steers uneven yet near Wednesday's dull close. Beef cows and stockers show varied values from 3 75 to 6 25, top steer loads around 13 00 and feeder ranges 4 00 6 25 for cows and calves. Hogs total 7 000 with opening steady to strong as light weights sell 9 25 to 10 10, weekly notes cite sows and stags around 9 50, lambs weak to lower with bulk around 9 85 10 10 and two western loads above 5 50.
Combined hog receipts at 22 yards and 9 plants in interior Iowa and southern Minnesota totaled 15,700 for the 24 hours to 8 am Thursday, down from 20,400 a week earlier and 24,000 a year ago. Prices ranged from 7.90 to 10.20 per cwt across weight classes with loading slow and trade moderately active.
Hogs steady across markets with price ranges for various weight classes. Iowa figures show good to choice hogs from 140 to 550 pounds priced from about 7.15 to 9.95 dollars, with packing sow ranges listed. Mason City area notes steady demand and similar weight-based pricing across light to heavy hogs.
HOGS market in Austin Minnesota moved 10 cents higher with good to choice weights. 180-200 pounds brought 9.50 to 9.80 dollars, 200-290 pounds 9.75 to 10.05, 290-325 pounds 9.65 to 9.95, 325-350 pounds 9.54 to 9.85, and packing sows 275-550 pounds 8.80 to 9.50 dollars.
U S Department of Agriculture market synopsis from Omaha shows hog receipts at 7 500 with prices steady to 10 cents higher and top at 10 05 for 190 300 lb hogs. cattle receipts 3 500 with steers 9 00 12 00, heifers 7 00 9 75, cows 4 75 17 00, vealers 7 50 11 00. sheep receipts 5 500 with lambs 10 20 cents lower, continuing above 9 75 to 9 85 and tops near 10 00.
Hogs gained five cents across all grades on the local market Thursday, with the top price reaching 9.95. Other nearby markets remained unchanged.
The list details hogs by weight, good hogs at various price ranges, and packers prices ranging roughly from 7.60 to 9.95. It includes calf market with good to choice 140-190 pounds at 10.00, and diverse cattle figures for choice steers yearlings and cows, with ranges from about 4.50 to 12.50 depending on weight and grade. Lambs priced in the 8.5 area, with weights and quality affecting value.
Wholesale prices show barley and corn steady to mixed with soybeans up and down. Oysters and cured hides move modestly, while sugar futures slide after a higher closing prior week in New York.
Wheat slipped on light selling while corn oats and soybeans reached season highs on the Chicago board. Corn pivoted higher after an easier start, with May prices near 1.11 and old corn up, oats posting two year highs, and soybeans firm as receipts stayed light.
Chicago market quotes show cash grain prices with wheat at 1.4212 for No 2 hard and 1.41 for No 3 hard. Corn ranges from 1.07 for No 5 mixed to about 1.14 for No 3 yellow, with various yellow and white No 4 and No 5 grades. Soybeans No 2 yellow at 1.625, barley feed at 0.66 to 1.00, Timothy seed around 5.75 to 6.00 per cwt, Clover seed 26 to 33 per cwt, with lard 13.67 tierces and pork products Bellies at 16.50.
AP notes Minneapolis wheat receipts total 63 cars with mixed price shifts. Prices listed for No 1 heavy dark northern spring, No 1 dark northern, No 1 hard Montana, and No 1 red, with various protein and weight specs. Corn No 3 yellow quoted at about $1.17 to $1.19, oats No 3 white around 53.394 to 55% ac, all showing unchanged or small moves.
Receipts and price ranges for butter eggs live poultry potatoes in Chicago market. Butter and creamery specials shown with grade percentages. eggs receipts and local firsts at various car and percentage figures. Live poultry includes hens, turkeys, ducks and geese with assorted weights and prices. potatoes on track with regional grades and crane mixed prices, on unsettled demand and moderate supplies.
New York market receipts show butter at 34 to 35 cents, eggs at 18 to 26 cents with mixed colors and standard grades. Butter, cheese, and egg markets held firm or mixed. live poultry prices declined slightly by freight with various hen and turkey quotes across grades and colors.
New York bond market moved slightly lower for low yield corporates as investors weighed credit outlook and potential short term rate hikes. Government issues made limited progress amid Treasury rate guidance, with some U.S. bonds edging higher and several issues trading around revised prices and yields.
Hopes for a quick GM strike settlement spurred an automotive stock rally on Thursday with favored issues rising 1 to 3 points. Copper climbed to 13 cents per pound, a 1930 high, as foreign output restrictions loosened. Transfers reached about 3.2 million shares amid uneven gains across sectors and a heavy, low-priced utilities turnover. Conspicuous gainers included Chrysler, General Motors, Hudson, Studebaker, Packard, Reo, Mullins Mfg, and others. several sugar, rail, and consumer names slipped while Specialties remained favored.
Thursday quotations from Wall Street show market activity compiled by J. B. Bennett & Co with W. H. Juip as manager at Merchants National Bank building. Trading details are summarized for investors.
Mrs Virginia Copeland aged 30 told Edward Feinberg she would commit death by own action and then leaped from an East River pier. Feinberg another man and two policemen pulled her from the water and saved her.
Archaeological findings reveal stone and clay torch holders and lamps as among the first domestic articles crafted by early humans, illustrating early innovation in home life and lighting practices.
James Walter DuMont 87 longtime Linn county resident died Wednesday at the family home 1496 Fifth avenue after a two month illness He was born May 12 1849 on a farm east of Marion He worked as a cabinetmaker and carpenter helping to build Marion homes He married Rhoda Lake in 1871 and had one daughter Elizabeth Eleanor He lived in Davenport for years before returning to Marion in 1935 Surviving are his daughter several nieces and nephews and two cousins Funeral services set for Friday at 2 pm in Yocom chapel with Dr E T Gough officiating Burial in Oak Shade cemetery
Miss Edna Roberts spoke on Pioneer American Music at a DAR meeting held Wednesday at Mrs. Koppenhaver's home. Indian music Negro spirituals and patriotic songs were described and played. Roberts was elected delegate to the state conference with Mrs. Hewitt as alternate.
Mrs. Cora Stark is installed president of Robert Mitchell Woman's Relief Corps No. 126 with Mrs. Leming as installing officer. New officers include Muriel Cone as senior vice president Frances Voorhies junior vice president Carolyn Hanscom secretary and treasurer Stella Erwin chaplain Mae Chisman conductor Jennie Luense associate conductor Mary Gleason guard Minnie Zahlke associate guard Bessie Mulhousen Jennie Currier Alma Oakley Ethel McDonnell color bearers Ina Dye Minor patriotic instructor Hazel Slausson musician Adah Mann press reporters. Carolyn Hanscom presents Stark with a gift. Sixty attend the family night picnic at the Methodist church as Gleaners aid society hosts. Board plans a three year program for the church centennial in 1940 and names a committee. Joint installation of Marion lodge No. 6 and Trojan lodge No. 548 set for Friday at 8 pm in the Masonic Temple with John M. Thompson as installing officer. Chitaga Camp Fire meets Friday after school at Lincoln school with members asked to bring rank materials. Mr. and Mrs. Merle Blum return from Texas with their son Jardine. Mr. and Mrs. A. E. DeGarmo of Seattle visit Marion friends and depart Friday for Kansas City then California. Phyllis Newcomb, 13, sustains fractured collar bone after icy fall in front of Lincoln school. Mrs. Minnie Hughes visiting relatives in Viola.
Judge H C Ring approves Hugh T Hutton as administrator to accept 500 dollars as full settlement of all claims against Glen R Brooks and Carl Stoneking arising from Percy Hutton's death near Waubeek on November 19. Hutton was fatally injured when Brooks truck backed over him while he helped move the truck stalled in a pasture. The truck, en route to fetch wood, had sticks placed under its wheels and reversed suddenly. A special appearance to challenge the Cedar Rapids board of adjustment writ of certiorari is filed by the adjustment board regarding a building alteration permit.
Boston reports scattered small lots of domestic wools sold at strong prices as buyers cover urgent needs. Combing 4 blood Ohio fleece wool brought about 53 cents grease, while select Montana wool and French combing qualities ranged from 1.10 to 1.12 per scoured pound.
Markets in New York quote foreign exchange with multiple currencies and rates including Great Britain at 491 1-16, France 4.67, Italy 5.2642, Germany 40.23 free, 19.00 registered, 20.60 travel, and others such as Switzerland 22.97, Japan 28.67, Mexico City 27.80, Montreal pairings around 99.96 to 100.03, with nominal notes across regions.
In district court Judge F. O. Ellison grants Elsie Hanlin a divorce from John Hanlin on cruel and inhuman treatment grounds. Property rights settled by stipulation. They wed June 1928 in Iola. A custody and support request and several other divorce actions are listed with dates and parties, including Lottie Berge son’s divorce from Leonard Berge son and other related filings. Hearings scheduled for January 16.
Chicago AP report lists butter closed under ec standards with January and February quotes, eggs with refrigerator and fresh firsts prices, and potato futures. Idaho russets, March No 1 and March grade A prices provided, showing market closes and contract months.
Gilbert F. Fisher of Belle Plaine and Carmen E. Tahash of Cedar Rapids obtained a marriage license signaling their upcoming wedding. The couple plans to marry in a Cedar Rapids ceremony, with details released by county records.
Dr Wendell Johnson of the University of Iowa speech clinic spoke at a Lions Club luncheon at the Roosevelt hotel about stuttering. He noted there are about 200 times as many stutterers as blind persons and described how stutterers fear words, the goal of the clinic to enable effortless stuttering and to remove fear, and that stutterers can often sing or talk in a chant without hesitation.
A list of newborns from several households includes a daughter born to LeRoy and Mrs Jennings at St Luke s hospital on January 14 and another daughter to Jack Kayser in Walker on January 13 at Mercy hospital. Homer Spurgeon s family in Shellsburg welcomed a son on January 14 at Mercy hospital. Leo Cerney s daughter born January 14 at Mercy hospital, and James Malloy s daughter born January 14 at Mercy hospital.
A garbled page lists varied ads from van line agents and storage to pool table refinishing and new cushions. Other notices include medical remedies, pharmacy locations, jewelers offering cash for gold and silver, rug and sewing services, knitted dresses, and miscellaneous services with contact numbers and locations.
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