Market Demands Lighter Hogs Trade In Heavier Weights
Chicago stockyards report heavier hog weights with lighter demand while cattle and sheep receipts show moderate volumes. Friday estimates list cattle at 2,000, hogs at 10,000, and sheep at 4,000.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 02, 1936
Page
21
Chicago stockyards report heavier hog weights with lighter demand while cattle and sheep receipts show moderate volumes. Friday estimates list cattle at 2,000, hogs at 10,000, and sheep at 4,000.
In Chicago the swine market shows deterioration in quality with heavy hogs and packing sows selling slowly while lighter hogs up to 240 pounds remain steady to 10 cents higher. Early top hog prices held at 10.95 per hundredweight, as a fourth weekly run fails to soften better grade hogs. Wholesale pork ranges from 15.50 to 22 per hundredweight, steady to 50 cents lower. Beef prices show little change with steer carcasses at 10 to 14 in the wholesale market.
The market shows decline on rough heavy cattle with lighter shade. Quotations list light weights 140-160 Ibs at 9.00 to 9.90, 160-180 Ibs at 9.60 to 10.25, up to 290-350 Ibs at 9.30 to 19.90, and packing weights 250-550 Ibs from 8.60 to , reflecting varied demand and weight classes.
Cattle receipts reach 3000 with steady to firm demand for fat cattle and yearlings while hog bids ease about 10 cents with limited action on most weights. Sheep offerings 1200 head include 300 feeders with lamb values steady to down and ewes near three dollars and change.
U S Agriculture cattle receipts show 3 100 with early sales strong for fed steers and heifers. Hogs receipts around 6 000 with steady to weak demand and top at 10 55. sheep receipts 400 with spring lambs steady and ewes strong to 25 cents higher.
The local grain market rises with corn gaining 4 cents on Thursday while hog prices hold steady at a top of 10.35. Cattle and other markets show no change in this edition.
Wheat climbed the full five cent limit to seasonal highs on the Chicago board of trade with July at 1.00, corn up to 334, oats at 35.58 and oats and rye firming. Rain in drought areas failed to save spring wheat as investors bought due to Liverpool strength and Winnipeg gains. General buying by commission houses led the rally despite some profit taking.
Receipts near 24 000 with hogs at 13 000. Desirable 240 lb hogs steady to 10 cents higher. tops at 10.95 with early bulk 170-240 lb near 10.95. Cattle steady to firmer. best fed steers around 9.25. yearlings 9.10. stock cattle improving. Sheep and lambs mix of strength and decline. spring lambs steady to weak. top ewe prices around 5.00. note adds spring lambs reclassified July 6.
Across Iowa and nearby markets hog prices hold steady to lower levels. Prices vary by weight and class from 140 to 550 pounds, with good hogs commanding around 8.95 to 9.90 dollars per hundredweight in several ranges and packers listing loads up to 8.70 dollars per hundredweight for heaviest weights.
Austin Minnesota hog market reports steady prices for butchers and a drop for packing sows. Buyers posted bids for hogs by weight bands from 180 to 350 pounds and sow ranges from 275 to 550 pounds, with various price points listed.
In Omaha the federal livestock report shows hogs at 10.25 to 10.35 for 170 to 230 pounds and 10.00 to 10.30 for 230 to 260 pounds. Cattle receipts 4,500 with steers and yearlings around 7.50 to 8.75 and cows from 4.00 to 5.00. Sheep receipts 2,000 with spring lambs around 9.50 and steady demand.
Combined hog receipts at 20 concentration yards and 9 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am Thursday totaled 23 600 head, up from 18 900 a week earlier and the holiday a year ago. Butcher hogs were mostly steady with some 10 cent declines, packing sows steady to 10 cents lower.
Local market notices list grain and produce quotes from Cedar Rapids. Grain prices include corn ear and shelled yellow varieties, oats, rye, barley, and soybeans with varied grades and weights. Fresh produce covers oranges to strawberries with unit prices, plus hides and horse prices and miscellaneous animal products.
Small western wool lots moved in the Boston market as U S Dept of Agriculture figures. Texas twelve month clips brought 85 87c scoured, delaine type 88c, French combing length 85 87c, short fine wools 82 83c.
AP reports steady demand in foreign exchange with bid values across many nations. Quotes include Great Britain 50 23, France 6 63, Germany 49 35, Holland 68 20, Switzerland 32 75, Argentina 33 47, Tokyo 29 39, Shanghai 30 20, Montreal 99 73 in New York and New York in Montreal 100 21. N-Nominal.
New York sugar market summary notes no sales while futures move 2 points lower to 2 points higher and refined sugar prices remain unchanged.
Chicago produce futures show varied closes as butter and egg futures ease on storage and refrigerator standards while potato futures edge higher with Idaho russets at 1.75 dollars.
AP reports flour prices in Minneapolis rising with carload lots at 6.95 per barrel and 98 pound sacks. Shipments show bran at 20.00 to 20.50 and middlings at 25.00 to 25.50.
The AP reports U S Treasury bond values in New York with figures for 4s 47-52 at 117.22, 4s 44-54 at 113.20, 37s 40-43 June at 108.12, es 46-49 at 106.00, and 3s 51-55 at 104.10.
Fragments indicate Arno L. Siechert transfers to W. C. not administrator of F. P. Siechert estate. Real property described as lot 3 and block 4 in King's addition with current assessed value around 16 dollars and 8 shillings and 36 cents.
Lamson Brothers & Co furnishes services with H R. Mowrey as manager at Cedar Rapids office 603 Merchants National Bank building. Contact phone 2 3141 for inquiries and listings in the area.
Market notes show Chicago prices for wheat corn oats rye soybeans barley timothy and clover seeds with bids for No 1 red wheat at 1 0341 0394 and No 2 at 1 02 1 0354 plus various grades and samples. Animal fats and lard treble price marks listed including lard tiers at 10 70 and bellies at 13 35.
Minneapolis AP reports wheat receipts 125 cars with July at 1.18, Sept 1.15, Dec 1.25 trading higher by 5c. No 1 heavy dark northern spring 60 lbs at 1.26 41.40. No 1 dark northern 59 lbs 1.24 1.39. 58 lbs 1.22 1.38. fancy No 1 hard Montana 14% protein 1.23 1.25 arrive 1.21 1.23. No 1 dark hard Montana winter 1.10 1.15 arrive 1.08 1.13. hard amber durum No 1 1.25 1.35%. No 1 red 0.99 0.7c. ORN No 3 yellow 0.68 0.69c. corn trading four to three cents under Chicago. oats No 3 white 0.34 0.35 4c.
Chicago market notes show butter prices steady with firm receipts 12 962 and varied grade bids. Eggs receipts 21368 and prices unchanged. Live poultry dull with multiple weight classes listed. turkeys ducks geese and broilers quoted. Potatoes receipts 113 on track 210 with U S shipments weaker in California and Eastern stock, prices and grades for several regional varieties detailed.
AP reports New York produce receipts total 15 737 with firm mixed colors and special packs. Butter receipts 20 981 firmer creamery prices rise. cheese prices unchanged at 274 713. Live poultry prices weaker by freight with broilers at 23 25 cents and turkeys 13 20 cents.
New York bond market shows a steadier tone as gains in industrial and utility loans support prices. Railroad issues hold near unchanged to slightly lower. French 71 1/4s advance while Polish 7s slip. Morgenthau radio report on rising revenues and lower deficits draws interest but few price moves.
New York AP reports leading domestic security and commodity markets will be closed Saturday for Independence Day.
New York stocks moved unevenly as farm implement issues weighed on machinery shares while optimistic business news supported favored equities. GM advanced while Chrysler sat out. Grains and cotton hit seasonal highs as bonds and currencies held steady and several steel and paper firms posted gains.
Born to Mr. and Mrs Joseph Ehrenberger Jr of Ely a son Robert Dale on June 25. Born to Mr. and Mrs Elmer Schulte of Norway a son Chester on July 1 at Mercy hospital. Born to Mr. and Mrs Merle Grimm at Mercy hospital on July 2 a daughter Donna Jean, located at Forty second Street and Mount Vernon Avenue SE.
Earl A Funk of Vinton road NW reports the death of his father Fred D Funk on June 29 at his Colome South Dakota home. He former Cedar Rapids resident survived by widow three daughters Clara Mudgett Susie Evans Dorothy McCarville and two sons Ivan and Lee Funk.
Mrs. Cornie Allen of Cedar Rapids died in a Chicago hospital on Monday. She had lived in Cedar Rapids thirty years before moving to Chicago last January. Survived by daughter Mrs. Pearl Mitchell, two sisters Mrs. Elmina Wournam and Mrs. Juanita Baker, and brother Edgar Pitts in Chicago. Body to be brought to Johnson Funeral home Saturday for funeral arrangements.
Funeral services for John Albert Duncan will be held at Turner chapel at 2 p.m. Friday. The Rev. Frank Ward will officiate and burial follows at Golden Prairie cemetery near Ryan. Friends may call at the chapel.
Mrs Helen R Mann 30 wife of Louis Mann died at the Linn county home early Thursday after a brief illness. She is survived by her husband and her mother Mrs Charles Hubbard Cedar Rapids. The body is at the Janeba and Brush chapel. Funeral arrangements will be announced later.
James H. Stoneking, 55, of Marion, received four months in the county jail for illegal possession of liquor with release on good behavior after thirty days. He was seized June 25 by Federal Agent R. H. Taylor and Deputy Sheriff Dick Payn, accused of offering a half pint to the officer. Emil Ehlers, 37, of Cedar Rapids, pled not guilty to uttering a forged instrument in a true information alleging a $112 counterfeit check at Standard Glass and Paint Co. on June 15, with two other checks cited as worthless. Harry Carney, 39, of Lisbon, pled guilty to desertion for failing to support three minors and was released upon posting a support bond.
Dale Reynolds, 21, of 1316 M street SW, was arrested at noon Thursday on a statutory charge after a young woman said he lured her to an Allison hotel room last Saturday night to meet friends. The district court information, filed by County Attorney G K Thompson, states no one else was in the room and Reynolds forced his attentions after locking the door. Bond set at $3000 by Judge H C Ring. Reynolds is a former convict per police records.
Judge John T. Moffit in district court ruled for plaintiff Wendl Rance in a Bever avenue property title dispute against Roy Gaddis. The court quieted title in Rance and found liens: Perpetual Savings and Loan owed $2,000, with $2,500 lien to be released. Bea Banks intervenor claimed deed as debt security.
Judge H. C. Ring in district court Wednesday awarded a decree to Nellie V. White on her cross petition for divorce on cruel and inhuman treatment grounds. Henry L. White filed his divorce petition on August 7, 1935. The couple married in Anamosa in 1934.
District court findings and rulings dated March 4 concern J A Wessler as administrator of the Sterner estate and D W Bates acting as receiver for Springville Savings Bank. The decision addresses claims and procedural posture in the estate and bank receivership, outlining the court’s conclusions on priority and distributed interests.
A $130.34 chartel mortgage suit of Harry Hedges against Milo E. Reynolds and Mary B. Reynolds filed in February was dismissed before Judge H. C. Ring. A $2,698 note suit of Rudolph F. Norbohm against Adlai B. Stephenson and Myrtle Stephenson filed Feb 18 was also dismissed before Judge Ring.
Judge A. B. Clark fixed shares in James C. Young's sixth addition to Cedar Rapids in a partition decree. The court awarded Philip M. Kuback a 310-396 interest and Albert Kuback and Veronica Kuback 43-396 shares each. Albert P. Jenkins named referee.
Linn county courthouse will close for Independence Day observance, remaining shut through the day. Community offices and services suspended as staff observe the holiday. Access to records and in person services paused until regular hours resume.
Mary Shada seeks divorce from John Shada in district court on cruel and inhuman treatment grounds. The couple wed June 14 per the petition. Leo C Royder seeks divorce from Odessa Royder on cruel and inhuman grounds. they married July 18 1934 per the petition. The Merchants National Bank of Cedar Rapids seeks 453.97 in a note and lease suit against Mike F Aide. Home Owners Loan Corporation seeks judgments in district court against C H Darner and Mae Darner 3737.88 and Joseph C Reyman and Mary K Reyman 3183.74.
The $25 410.65 secured note suit of D W Bates as receiver of Cedar Rapids Savings Bank against Mound Farm Real Estate Co. was dismissed with prejudice before Judge H C Ring in district court. The case was filed May 21 1935. The court Wednesday dismissed a contract action petition by Fenton Masterhan against Mary Stone. Hearing was April 6 and 7 with Masterhan seeking 1300 damages over a lease possession dispute.
Washington dispatch reports Senator John H. Overton of Alexandria Louisiana and his wife intervened to halt a planned elopement between their daughter Miss Mary E Overton age 19 and Mason Peters Jr a 22 year old local reporter. Kay Overton raced to Upper Marlboro Maryland to delay the ceremony until a family discussion could take place and due to the Senator's illness the marriage was deemed ill timed.
Mrs. George Clark 76 died at her Waukon home from heart trouble. Born Alice Farnham in Wisconsin on May 6 1860 she moved to Luana Iowa as a child. She married George Clark Sept 26 1880 and lived on a Franklin township farm before relocating to Waukon in 1893. Survived by husband two sons Floyd Clark Gordon Clark and daughter Mrs. William Lundberg and three brothers including Arch Farnham.
A small newspaper fragment shows five ad lines with brief entries. Each line presents a short notice or item for sale or service. The readable text suggests a classified-like collection rather than a single prominent headline.
Glasgow AP reports tentative preparations begin on the Clydebank for a larger faster liner to follow the Queen Mary potentially named King George V. An official order awaits. Estimated tonnage about 85,000 vs Queen Mary’s 80,773.
Geographic note reports the north pole is migrating southward at roughly six inches annually, a slow but measurable plate tectonics movement affecting climate and navigation.
Local beauty shops advertise machineless perm prices from 3.50 to 6.50 with add on curls and weekly payment options. Names include Lillian Luchy, Mary Nell Beauty Shop, Helene Beauty Shop, Cinderella, Gorman, and others with contact numbers and new locations.
Zoric Cleaners promotes a new process for laundering linen and seersucker garments. The ad emphasizes neat appearance after cleaning and lists a contact phone number 6131 for service.
Fragmentary text outlines a property transfer or land description involving Jerry Smredek and Charles Biderman with directional bearings and section references 6-82-6-1 and valuation notes 6-10-36. No clear dates or full parcel details.
Paul W. Sterner individually and as former administrator with the will annexed in the Milton R. Sterner estate and the Fidelity and Deposit Company of Maryland have appealed to the state supreme court from all adverse rulings.
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