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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 01, 1936
Page
20
Chicago AP reports a liberal hog run attracted by high prices cooled the market. Hogs steady to 10 cents lower with top at 10.95, while cattle and lambs showed pressure amid large midweek sheep runs and drought-related shifts in shipments.
AP market notes show hogs receipts 16 000 with direct 6 500, prices $10.50 to $10.90. cattle receipts 10 000 with limited gains, steers trading $8.50 to $10.00, some loads above $10. Bulls steady but dealers weaker. Sheep receipts 12 000, spring lambs 9.50 to 10.00, fat ewes about steady, softer on spring lambs and mixed lots.
Receipts total 3,000 cattle with steady to higher per head, hogs 5,500 with varied prices from 10.25 to 10.55 for 140-230 lb barrows and gilts, sows weak to steady, and 3,200 lambs with early bids softer, Washington lambs around 10.00, fat ewes steady near 3.75.
Combined hog receipts at 20 yards and 9 plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am Wednesday totaled 22 700, up from 19 900 a week earlier and 10 800 a year ago. Trading was slow with prices largely steady to slightly lower across weight classes, quoted ranges shown for light to heavy hogs.
Sioux City Iowa cattle market reports show better grade beef steers and yearlings steady to firmer with cows up 25 cents. Heifers unchanging and calves strong, with much of the offering around 800 pounds and prices near 7 to 8 dollars per hundredweight above prior levels.
Receipts show light stocker and feeder activity with prices mostly lower. Openings touch 6.25 for light stockers and 10.10 10.20 for 180-240 lb butchers while feeder pigs run 9.00 to 9.50. sheep bids soften with spring lambs at 9.50 and fats near 3.75 while Idaho feeders fetch 8.40 and 46 lb natives 8.00.
In Waterloo hogs remain steady on good to choice grades with packing sows 10c lower at 275 to 350 pounds ranging 8.55 to 8.85. Mason City reports best hogs steady while packers are 5c lower across weights from 140 to 350 pounds with prices from 8.95 to 9.90. O t m u w a hogs unchanged across the board.
Hog prices listed by weight class show steady to good market. Prices for 180-220 pounds range from 9.85 to 10.15 dollars per hundredweight and rise or fall with heavier weights. packing sows priced at 8.05 to 8.85 dollars per hundredweight.
Hogs receipts 5,500 with prices $9.25 to $10.50, down 10c on top. Cattle receipts 17,000 with steers $7.50 to $8.65 and cows $3.75 to $5.50, vealers up to $7.50. Sheep receipts 7,000 with lambs 25 to 50c lower and spring lambs around $9.50.
Packing hogs on the local market weaken after a dime drop in that grade Wednesday. Prime grades hold at top price 10:35. Corn and oats edge higher, other local markets remain steady.
Market listings show wheat at 86 88c, oats 25 28c, rye 50 55c, barley 30 45c, corn ear and shelled varieties with multiple price ranges, soybeans yellow varieties, heavy and light hens, cocks, leghorn, broilers, eggs with hennery and No 1 2 terms, wholesale fruits and vegetables with Valencias oranges prices, grapefruit, lemons, potatoes, apples, bananas, lettuce, celery, cabbage, cantaloupes, watermelons, onions, strawberries, pineapples, peaches, plums and cherries with varied price points. cured hides and horse hides listed with No 1 and No 2 classifications.
New York bond market shows only routine support with a slight retreat amid limited offerings. Rail lines such as Rock Island and Virginian edged higher while the broader list traded sluggishly due to weak share performance.
New York AP reports closing U S government bonds with Treasury 4s for 1947-52 at 117.24, Treasury 3s 1940-43 June at 108.14, Treasury 3%s 1946-49 at 106.1, and Treasury 3s 1951-55 at 104.9.
In Boston a few medium and low fleeces moved with low% blood Ohio fleeces at 34 36c grease. Missouri wools TM% blood grades sold near 39c grease. Comb ing s blood Ohio fleeces quoted 38 39c with little inquiry. In New York raw sugar remained unchanged while futures swung 1 point up or down. refined sugar unchanged.
AP reports flour prices rise 20 cents for carload lots with family patents and standard patents quoted around 6.15 to 6.46 per barrel in 98 pound cotton sacks. Shipments total 29,484 and bran prices listed at 20.50 to 25.50 with standard goods noted.
In New York the foreign exchange market showed steady demand with listed rates for multiple countries. Key figures include Great Britain 501%4, France 6.63, Italy 7.87, Germany 50.36, Holland 68.22, Japan 29.38, Switzerland 32.15, Mexico City 1.85, and Montreal entries around 99.75 and 1 av.
Wheat climbs to 31 4 cents with July at 93 4 cents as corn oats rye rally on bullish Canadian spring crop data and a U. S. drought warning. Heavy buying drives futures higher amid strong cash demand and short covering. Lard also firms as grains gain strength.
AP wire updates from Minneapolis show wheat for July at 1.13 trading basis 60 54 lbs, Sept 1.10, Dec 1.075 percent. No. 1 heavy dark spring 60 lbs 1.214 1.35, No. 1 dark northern 59 lbs 1.19 1.34, 58 pounds 1.17 1.33. Fancy No. 1 hard Montana 14 percent protein 1.184 1.20 arriving 1.16 1.18. No. 1 dark hard Montana winter 1.050 1.10 arriving 1.03 1.08. Hard amber durum No. 1 1.107 1.307, No. 1 red durum .9475. Corn No. 3 yellow 64 24765 4c. Oats No. 3 white 31 53 32 xc.
Chicago cash wheat corn oats soybeans barley timothy seed clover seed prices listed across varieties with bid figures and ranges. No. 1 red wheat from 90c to 1.00, corn No. 3 mixed 67 1/4c, yellow No. 1 69 1/2c, oats No. white 33 3/4c to 34 1/4c, soybeans No. 2 yellow 1.01, barley feed 35 50c to 55 94c, timothy seed 4.25 to 4.50 per cwt. Clover seed 10.50 to 17.00 per ewt.
Chicago produce market report with receipts and price levels for butter eggs and live poultry. Freight and weight categories listed for hens chickens turkeys ducks and geese along with varied potato quotations across U S origins and grades.
Chicago futures report shows butter and potato prices with storage and refrigeration standards cited. Idaho Russet Bur banks and Nov 3134c noted alongside Oct sea data. indicates fluctuating prices and commodity standards in Chicago market.
AP notes New York market prices for dairy and poultry with butter receipts at 17 527 steady to firm creamery extras at 31 32c centralized 30 44 30 42c. cheese receipts 515 232 firm. eggs receipts 39 028 steady mixed colors standards 22 23c dirties 42 lbs 20 4c. live poultry steady to weak by freight broilers 25 27c fowls 18 23c turkeys 14 21c
The 1935 Wagner labor relations act faces its first Supreme Court test in a case brought by Bradley Lumber Co and its Warren Arkansas sales affiliate. The act had been ruled invalid by the Fifth Circuit in a separate suit by Jones and Laughlin Steel Corp.
The District of Columbia Court of Appeals on Wednesday affirmed a lower court decision dismissing a suit by Haskins Brothers and Company of Iowa. The case sought return of taxes paid on Philippine coconut oil.
Linn county supervisors appointed Otto F. Hanzlik to a two year term on the old age assistance board effective July 1. Hanzlik, 4070 Avenue NW, fills the vacancy left by E R Moore and has served as secretary. He is a former Cedar Rapids civil service commission member.
U S Steel and Bethlehem held even while Acme Steel fell near 3 points amid quiet dealings. Standard Gas Electric Power and Light and American Power and Light preferred gained on stronger earnings prospects with Westinghouse rising late. Several other names moved, including General Electric and General Motors, while losses hit Deere International Harvester and Bendix.
A historical report ranks colonial control by land area in Africa. France governs 366 of every 1 000 square miles, followed by Great Britain with 348, then Belgium 81 Portugal 69 Italy 59 and Egypt 31.
The Kenaya Camp Fire group held a council fire at the W C T U meeting at the public library detailing Camp Fire aims. Event included a fire lighting by Jane Helen Newlin Virginia Fairley Betty Taylor and pledge by Bernice Hall. Numerous community notices follow including funerals gatherings church events and family celebrations.
A Tuesday evening expression recital by Miss Annie Laura Davidson’s pupils filled the Christian church. Gordon Rahn opened with accordion pieces. Leona and Dorothy Levasseur greeted guests. the crowd enjoyed a closing scene titled Father Rides the Rumble performed by Doralene Henkle Bobby Chores and Billy Creglow.
Alexander Berkman, radical activist who fled to Russia with Emma Goldman in 1922, died Wednesday in San Tropaz France, as reported by a cable from Emma Goldman to Dr. Ben Reitman. Goldman had cared for Berkman during his long illness on the French Riviera.
Four generations gathered Sunday at the R. A. Fesler home in Marengo to honor Daniel Fesler and his wife upon their return from St. Louis where he completed an embalming course. Relatives from Williamsburg Riverside Iowa City Knoxville Cedar Rapids and Marengo attended.
A son was born on June 30 to Mr and Mrs Walter Nesper of 423 Twenty third Street NE at Mercy Hospital.
Advertisement rate card excerpt shows various line counts for one day and seven day placements. Pricing ranges from 40 to 90 dollars for different line quantities and durations.
The notices promote Gorman Beauty Shop and Delux Beauty Shop with perms from 3.30 up and wave services. The Peacock and PA Academy of Beauty offer basic sham and finger waves at low prices. Location details include 833 3rd Ave SW and 119 3st NE with phone numbers 2-0772 and 2-2610.
A brief notice offers a chance to purchase a filling station or another business. The ad promotes independence from a dependent relationship and highlights the opportunity as a serious option for venture seekers.
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