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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 26, 1940
Page
7
In Chicago market news hogs fell as much as 25 cents amid larger Friday receipts of 500 head after Thursday gains. Cattle remained generally steady with meager supplies, while lamb bids eased 15 to 25 cents in slow trade. Official Saturday receipts estimated cattle 100, hogs 500, sheep 1,000.
United States Department of Agriculture report shows salable receipts totaling about 17 000 cattle and calves with cattle steady to mixed, steer and heifer prices generally under $9.00 with top bids near $9.60 for select cattle. Hogs and sheep also move lower on late week trade as buyers show caution across weight classes.
The Iowa hog prices listing shows unchanged cattle, with varied ranges by weight and region. Mason City Waterloo and other markets report price tiers for good to choice hogs across 120 to 600 pounds, noting minor adjustments and regional differences.
U S Dept of Agriculture volume hogs receipts about 9 900 active prices 5 10 to 5 20 top sparingly by shippers for 200 210 lb hogs. Cattle receipts 1 200 largely steady fed steer yearling and heifer prices 7 5 10 to 9 0 beef cows 3 5 to 4 5. Sheep receipts 3 500 fat lamb bids weak to a shade lower while other classes steady with 4 H club show lambs sold at 9 50 to 10 25 per head not representative.
Cattle receipts about 700 calves 30 mostly medium quality with good demand slow for common stockers and feeders and higher-priced fat cattle. Packer and shipper prices show tops around 5.10 to 5.15 for lighter weights, with heifers and cows priced in the mid range and sheep receipts 1500 with fat lambs holding near 9.00 to 9.25 and good woolies around 9.35.
Feeders and buyers faced slow activity as cattle bids drift lower with steady prospects for some cows and vealers. Hogs show limited movement with top bids around 5.45 while sheep volumes remain light and prices mixed across lambs and wooled varieties.
The Austin Minnesota hog market lists barrows and gilts across weight ranges with bids. Prices range from about 3.85 to 4.75 dollars per hundredweight, varying by weight class from 140 pounds up to 500 pounds.
U S Department of Agriculture combined hog receipts for 24 hours ending 8 am Friday at 16 yards and 10 plants in interior Iowa and southern Minnesota totaled 40 400, down from 27 700 last week and 25 500 a year ago. Prices ranged from about 4 70 to 5 25 per cwt with most reporters noting steady to 15 cents lower.
A broker listing shows sow prices by weight class with bids from 270 to 500 pounds. Notable rates include 270-300 lbs at around 4.85 to 4.20, 300-330 lbs near 4.40, 330-360 lbs about 4.30, 360-400 lbs near 4.60, 400-450 lbs about 3.95, and 450-500 lbs around 3.85.
A Friday drop of 10 cents in all hog grades lowers the local market price to a top of 5.15. The cattle market remains unchanged.
Market notes from Cedar Rapids list grain prices for wheat oats rye barley and buckwheat with various quality grades. Fresh produce and fruits including lemons oranges grapefruits celery lettuce onions tomatoes and cranberries are priced, along with meat and hide values for livestock and byproducts.
Wisconsin cheese quotations for the next week list several varieties with prices in cents per pound or unit. Daisies and horns quoted around 16c, brick 7c, cheddar about 15.4c, twins 15.2c. Farmers call board notes reiterate daisies 16c horns 16c cheddar 15.2c.
U S Department of Agriculture report says domestic wools were quiet on the Boston market. Quotations held steady from early week, with 12 month South American merino wools around 95 96 cents and 10 month growth wools near 90 cents, secured including duty. Demand was slow and volume smaller than last week though some new orders came in for wool tops.
Receipts and prices for butter eggs live poultry potatoes and potatoes by region. Creamery butter at 3 score 3242 33c 92 32c 91. eggs firm with receipts 9 252. live poultry hush 17 trucks hens firm chickens under 4 lbs at 165c. potatoes arrivals 109 on track 296 total U S shipments 631. Idaho russet Burbanks US No 1 1 85 Colorado red McClures US No 1 1 75 Nebraska Bliss Solo 3 washed few sales Michigan russet 1 45 1 50 North Dakota Red River Valley Bliss Triumphs 87 US No 1 1 25 new stock unsettled slight weakness trading light. Florida Bliss Triumphs crates washed 1 80 50 lb sacks Texas US No 1 washed 1 75.
New York Produce prices and receipts show varied egg categories from extra fancy to mediums with mixed colors. Cheese receipts reflect firm, higher prices with score firsts and seconds noted alongside overall market indicators.
New York stocks showed activity focused on aircraft, steels, motors and specialties with favorites gaining fractions to two points. Trade slowed after midday with many issues flat or down, while a few low priced names drew volume and transfers neared 550000 shares. Strong statements by corporations sparked some lifts as copper prices drifted lower and market sentiment remained cautious.
A compact list of stock bids and prices across multiple companies and sectors including Aluminum, General Electric, Coca Cola, Wall Street majors, railroads, oil, and industrials. The column shows bid figures, percentages, and notable tickers for Adams Express, Alaska Juneau Inspiration, Alleghany, Allied Chem, American Can, Johns Manville, Kennecott, Libbey Owens, Lockheed, Richmond, and many others.
The report lists stock and bond figures with declines in several categories. Indices show minor changes with rails and other sectors easing slightly.
Wheat edged up slightly on the Chicago board of trade amid mixed outside markets and slow corn trading. May wheat closed around 98 and a half cents with modest gains erased by late selling, while corn held near unchanged and soybeans rose modestly on renewed demand signals.
Swingtimers 4 H elect Emma Jean Broderson president at Huffman home with Eileen French as VP and Bonnie Denniston as secretary treasurer. Hopkinton death of Mrs Thomas B Dunlap after brief illness with long Delaware County roots. Postville raises telephone rates to cover rising costs. Clayton County activities hear Murphy address. Mount Vernon theater plans and new I O O F officers announced. Belle Plaine funeral for Ella Wheeler with family ties into Tama and Los Angeles. Parnell Royal Neighbors officers elected. Riverside Gottlieb Krebs funeral held. Elgin couple announces marriage. Columbus Junction resident Samantha Bell dies. West Union grand jury indictments. Traer Burns celebration. Wagner township home fire.
Trading figures show May wheat at 8545 close with fractional change. July contracts move around 86 and 86'2. October futures quote near 87% with B74 marker.
Chicago cash grain and seed prices list no sales for wheat and corn with bid levels for No 1 yellow through No 3 yellow and No 1 white corn. Soybeans topped at 1.08 for No 3 yellow, timothy seed at 4.90, clover seed varieties between 4.50 and 15.00, alfa seed 18.00 to 23.00, and barley and oats price ranges noted.
Minneapolis cash grain market updates show no change in quotations from the previous level. Receipts reach 141 cars with No 1 heavy dark northern near 1.02 to 1.03 dollars per bushel and No 1 dark northern around 1.00 to 1.02. Other bids include No 1 hard Montana protein 14 percent at 1.03, No 1 red durum 0.87, corn No 3 yellow 0.53 to 0.57, and barley around 0.39 to 0.61.
U S government bonds closed for Friday with Treasury 3 1/2s at 101.31. Utility issues led gains in midmorning trade as refunds and debt actions prompted higher prices. Rail bonds edged higher while Denmark 52s fell on foreign list. several roads reported improved net income in December.
President Roosevelt declined to attend Naperville Lincoln Day banquet due to schedule. He sent two 25-cent McKinley portraits on stamps via Stephen T. Early and James A. Farley and kept two banquet tickets as a swap for a Democratic invite. Republicans rejected a similar invitation to Jackson Day, while Roosevelt accused them of fearing a campaign advantage.
Rep. Jenkins accuses the administration of threats against manufacturers and witnesses opposing extending reciprocal trade agreements. J. W. Wells of the United States Potters Association testified, prompting questions from Rep. Robertson about prior statements. Jenkins declares witnesses face reprisals and denounces the conduct as vicious.
Rose Agnew, co operator of Club 88 in Tiffin, appeals a liquor nuisance conviction to the Iowa Supreme Court. She was arrested during raids near Iowa City during a July 20 session of the state school for instruction of peace officers.
An ad listing shows multiple lines with pricing and daily insertions for Cedar Rapids Gazette want ads. It notes limits on incorrect insertions and provides the ad-taker dial number Z-1121 for inquiries. The notice frames expectations for Eastern Iowa readers seeking classified advertising services.
Henry Purnhage 72 was found dead in a snowdrift in front of his home early Friday. He apparently froze after collapsing on his return from downtown Thursday night. He had been in poor health. Two sons and a daughter survive.
Greenan family expresses gratitude to friends neighbors and employers of the C M & St P railroad for kindness and flowers during illness and death of George W Greenan. Also contains multiple lost items notices and a transportation advertisement seeking references.
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