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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 03, 1936
Page
14
Reduced supplies push Chicago market higher as receipts across twelve markets show strong hog demand. Friday's sales steady to up 10 cents with top hogs reaching 11.10 for the movement. Cattle and spring lambs move differently with lambs down early in the week but hogs and beef cattle closing higher.
U S Department of Agriculture reports combined hog receipts at 20 Midwest yards and 9 packing plants for the 24 hours ending Friday at 8 am totaled 20.4 thousand head, down from 19.7 thousand last week and 11.2 thousand a year ago. Butcher hogs mostly rise 5 to 10 cents, heavy weights least. packers sow prices steady to weak with limited demand.
Hogs receipts 2, top $10.60 for 170-250 Ibs, other weights listed from $9.75 to $10.50. Pigs and sows priced from $8.75 to $9.75. Cattle receipts 800, calves 100, steers and yearlings $6.75 to $8.65, heifers $4.50 to $6.50, cows $4.00 to $5.00, bulls $5.00 to $6.25, vealers $7.50. Sheep receipts 2,500 with lambs $9.00 and higher for spring lambs.
Prime hogs advanced a nickel on the local market Friday while good packers moved steady to five cents higher. Top hog prices reach up to 10.40 dollars. Lambs weakened and the poultry market declined.
Agricultural data from Chicago indicates hog receipts around 10 000 with 7 000 direct, prices up to 11.10 for desirable 160 260 lb hogs. cattle receipts 1 500 with steady to firm bids, steers about 9.00 and yearlings 8.60. vealers weak, cows steady to firm. sheep receipts 5 600 with spring lambs and yearlings in demand and fat lambs around 3.50 to 5.00 for wethers and ewes.
Receipts: cattle 2300, hogs 3500, sheep 2800. Cattle firm to strong with steady to higher prices for good to choice steers and heifers. hogs mixed with top around 10.60 for 150-230 lb, heavier weights 8.5 to 9.75, sows 8.8 to 9.1. sheep steady with good to choice ewes around 9.50 and fat bucks 5.25 to 7.25, other categories varied.
Sioux City AP report shows cattle receipts about 1000 with strong slaughter and feeder demand, plainer lots at $7 to $8, cows and vealers steady. Hogs receipts 2500 with weights under 40 lb very active and prices up to $10.50. sows and feeder pigs mixed. Sheep receipts 2500 with feeders through, steady sales and odd native springers around $9.50 to $9.75.
The Associated Press reports Iowa hog prices range from 8.95 to 10.30 for 140-180 pound hogs and 8.50 to 9.90 for larger weights, with markets steady to 10 cents higher in most categories and packers offering mixed bids across weight classes.
The bulletin lists live hogs and packing sow prices with weight ranges. Prices shown include 180 to 220 pounds at 9.05 to 10.25 per hundredweight and 250 pounds at 9.70 to 10.30, plus 360 to 325 pounds at 9.55 and sow quotes around 7.95 to 8.75 per hundredweight.
The Cedar Rapids column lists wholesale prices for grain and produce including wheat, corn, soybeans, and various vegetables and fruits. Hens, cocks, broilers, turkeys, eggs, and cured hides with price ranges and quality grades are provided.
The U S Department of Agriculture reports little change in the Boston wool market with slow demand for moderate immediate purchases. Some small lots of inferior wool sold below peak, while sizable offerings remained mostly steady to firm. Ohio fleeces quoted 35 36c grease for fine delaine and staple 42 blood, 38 39c for combing blood, and 37 38c for 1 1/2 blood.
The report shows irregular exchange demands in cents for many nations and cities. Entries include Great Britain 502% and France 6.62%4, Germany 40.38% and Holland 68.17, Denmark 22.43, Sweden 25.90, Norway 25.24, Switzerland 32.74, Spain 13.73, Portugal 4.57, Greece .9415, Poland 13.90, Czechoslovakia 4.16, Austria 1885N, Hungary 19.90, Argentina 33.47N, Brazil 8.61N, Tokio 29.37, Shanghai 30.25, Hongkong 32.50, Mexico City 27.85, Montreal in New York 99.84% and New York in Montreal in New York 100.1555.
In New York the sugar market shows no sales activity with futures up three points and a net gain of four points. Refined sugar prices remain unchanged as trading flags steady demand and supply conditions.
Chicago produce receipts show eggs at steady prices with local firsts and cars around 20 to 21 percent, live poultry weak with hens under and over 5 pounds around 14 to 24 cents, turkeys 13 to 16 cents, and ducks mixed. Potatoes on track with weaker supplies and lower quoted U.S. No 1 and partly graded values across multiple regions and grades.
Chicago futures report shows butter closed with storage standards for November at 32 14 cents. Egg futures ended with refrigerator standards for October at 25 %%4 cents. Potato futures close in Idaho rus sets for October at 1.75 dollars.
Very weak trading reported in New York on live poultry with broilers including Leghorns and Rocks priced 16 to 20 cents. Other freight items showed changes in quotation.
Wheat futures fell early then rallied under Winnipeg and Liver pool market signals. July wheat closed near 1.0034, with corn and oats showing modest moves as traders weighed rains and private crop reports.
AP reports Chicago cash grain prices across commodities with No. 1 red wheat at about $1.03 and No. 2 red near $1.02, corn mixed yellows around 72 to 75 cents, oats white about 33 to 34 cents, rye and soybeans noted with No. 2 yellow sales, barley feed around 50 to 55 cents, timothy seed around $4.70 to $4.95 per cwt, and seed prices listed overall. Prices vary by grade and grain type with sample grades indicated.
Minneapolis cash grain prices show mixed movement with wheat down about 1 4 cents and corn steady to up to 22 cents under Chicago July. No. 1 heavy dark northern spring 60 Ibs quoted at 1.2454 to 1.3834, No. 3 yellow corn unchanged to 2 cents higher.
New York bond market steadied as excess reserves expanded. Rails led gains with Great Northern 4s Illinois Central 4 45 and 332s Penn Central 334s Union Pacific 4s rising. Industrials like National Distillers Remington Rand CertainTeed and Pacific Telephone improved. Warsaw Poland issues edged lower. Treasuries showed uneven but mostly firm demand.
U S government bonds closed with Treasury issues showing varied results. Notable prices include 4 4s at 117.26, 45 44-54 at 113.40, 3309s 40-43 June at 108.16, 3%as 43-47 at 108.14, 3%s 46-49 at 106.50, and 3s 51-55 at 104.16.
AP report from Minneapolis notes grain prices for flour in 98-pound sacks with constants for family patents and standard patents. It lists shipments totaling 25,872 and bran and middlings prices around 21.50 to 26.00 per unit, reflecting market activity.
In Madrid early Friday three men died in a submachine gun attack at Cafe Roig, a fascist gathering place. Two of the dead were students and five were wounded. another patron died of heart disease. An unknown group fired without warning.
A two way appeal from the Iowa industrial commission ruling fixing 33 1 3 percent functional disability for D S Welch of Maquoketa was taken under advisement by Judge W W Scott. Welch, a former Metropolitan Supply salesman in Cedar Rapids, was permanently crippled after a fall. The appeal to the district court seeks reversal, with Fidelity and Casualty of New York linked to the employer.
Wall Street firms appetite leaned toward aviation and motor shares amid a broad industrial focus. Electric power preferred issues drew strong buying while grains staged a late rally and cotton firmed, with transfers near one million shares as traders eyed the holiday weekend.
Miss Jacqueline Cochran of Los Angeles landed an airplane in flames at a 100 mile an hour speed at Indianapolis municipal airport and jumped from the ship uninjured. She was en route from Kansas City to Columbus Ohio and said a loose connection in the oil line started the fire. The blaze was extinguished quickly by a fire truck with little damage to the plane.
Miss Arlene Morrison daughter of Mr and Mrs John Morrison and Milo Betts son of Mrs Ida Betts were married in Davenport Tuesday by Rev J A Miller of the Evangelical church They were accompanied by Mr and Mrs Weldon Betts and return to La Porte City to reside in the Banger apartment.
Robert Shaw, young son of Col and Mrs Robert J Shaw, suffered a badly burned finger when a firecracker exploded in his hand, reported as Sigourney's first fireworks victim.
All security and commodity markets in the United States will be closed Saturday for Independence Day. Toronto markets will also be closed in observance of the holiday.
City notes report Townsend No 7 will gather Friday evening at 7 30 at 607 avenue NW. Mrs Florence Sturdivan of 113814 Fifth street NW injured a fractured elbow in a fall Thursday evening.
William Oltrogge files suit in superior court against Iowa Chemical Company and C E Mueller to recover 100 dollars on a promissory note claimed due and unpaid.
U S Navy seaman Ernest Vanous returns from a cruise to Peru and visits his parents Mr and Mrs Milo Vanous at 1524 Eighth Avenue SE for twenty days.
Arthur D Clark of 938 Center Point road NE filed a petition for bankruptcy listing debts of 2400.73 and assets of 6425. He claims 1425 in property exemptions and 5000 in insurance. The filing occurred in the federal clerk's office this week.
Pete Johnson of 1205 Fifth street SE injured when a light bulb shattered while he inserted it in a socket. A deep gash severed a main artery and he lost a large amount of blood before treatment.
The Rev. E. C. Murphy spoke at Sunshine Mission Thursday on Not Transferable. He said character is revealed in crisis and not transferable, with each man standing on his own foundation. He will speak tonight at 8 on The Doom of Delay.
Patrolman and Mrs. L. F. Stusak of 1138 Nineteenth Street SE with their family join Mr. and Mrs. John Pluhar of Iowa City and Lumir Stusak of 1446 Second Street SE for a two week Moose Lake Minnesota fishing trip. Also joining are Milo Grubhofer of 1001 Twelfth Avenue SE Mrs. Anna Stusak of 1846 Second Street SE and Miss Jessie Strang of 384 Eighteenth Street SE.
A patriotic program was given at Lincoln playground on Wednesday. Participating children included Lillian and Dale McCaully May Lanning Virginia Merklin Marie Lyzott Dorothy Miller Bobby Fugate Richard Myers Gerry Stasny Billy Birkicht Bobby Birkicht Richard Birkicht Tommy and Don Gaines Ellery Whitmer Harold McNeal Darlene Weise Manly Anderson Maxine Gephart Betty Orten Harold Whitmer Jean Gatrill and Beverly Oak field.
AP dispatches describe a riot in Tunisia where Mohammedans attacked Jews. One native was killed and troops were ordered to patrol Gafsa near Sousse as Jewish stores were sacked after clashes with gen darmes.
Marengo sheriff Milford Engelbert took William Streitner of Vinton to the psychopathic hospital in Iowa City on Wednesday. Streitner, held since June 16 for cashing four forged checks in Williamsburg, has shown paroxysms prompting a mental evaluation. Arraignment awaits hospital report.
Mrs Ingebor Maria Sampson wife of Samuel Sampson died at her home in Norway at 945 p m after a lingering illness She was born February 2 1860 in Norway Europe daughter of Hans and Anna Hanson and came to the United States in 1884 residing in Norway and vicinity since She married June 1 1885 at Vinton Survived by her husband a daughter Mrs S J Williams of Marshalltown and two granddaughters Funeral services will be Monday at 2 p m in the Norwegian Lutheran church conducted by Rev W E Carlson Burial will be in the Norway Cemetery.
Mrs. Josephine Whitacre welcomed Miss Kate Wing and Miss Kate McBride of Cedar Rapids as visitors on Friday.
Miss Miriam Jackson will depart Sunday for Chicago to pursue a course in stenography. The move aims to boost her professional skills and future employment prospects.
Mrs Minnie Wagner of Wheatland Wyoming arrived in Marion to spend time with relatives and friends during a short visit.
Mr and Mrs DeWitte Court and their daughters of Chicago visited the L F Levasseur home. Mrs Dorothy Robertson of Rock Island was a guest in the Jesse Starry and Lloyd Smith homes near Marion.
Mr and Mrs G F Krog and their son Richard of Chicago are expected to arrive this weekend for a short visit at the home of their brother in town Reverend Carl E Krog.
The Philathea class of the Christian church held a Thursday picnic at the B. E. Berber cottage by the Wapsipinicon river. Twenty-one persons attended.
Miss Jean Van Zante of Chicago spent the week here in the home of Mr. and Mrs. Harley Breed.
Mr and Mrs Adrien Burroughs of Auburn Indiana and Mr and Mrs Dewey Nadine and their son Buddy of Waterloo Indiana have returned home after visiting Mr and Mrs Marshall Swayne. Mrs Burroughs and Mrs Swayne are sisters.
Special to The Gazette lists a Hale birthday picnic at the John Rohwedder home with relatives from Oxford Junction Hale Wyoming and Olin plus a Bennett twin birthday celebration at the Fred William Kleppe home near Bennett and other brief civic notes from Jesup Traer Belle Plaine Tipton and Postville including a post office site sale notice and a school census update
Mr. and Mrs. Harold MecGary and daughter Jo Ann of Columbus Ohio return home after visiting Mrs. MecGarys brother Ralph Hoskins and family. They were honor guests at a Bever Park picnic with multiple Creglow and Hoskins relatives. They then toured the east visiting Washington and Philadelphia during a two week motor trip.
The Busenbark family held its thirteenth annual reunion at Thomas Park on Sunday with about forty five attendees. David Gott was elected president and Mrs Marshall Oxley Jr became secretary after a picnic and business meeting.
The Ivanhoe club entertained its husbands Tuesday evening at Mrs. A. E. Miller’s Marion area home. Twenty seven members attended. guests included Mrs. Frank Lindahl and Mrs. A. W. Savage of Coggon. The Oxford church Methdist club plans Sunday 4 45 p.m. meeting at the church then outdoor gathering with Rev Ralph Hall Collis reviewing A Return to Religion by Henry Link.
Miss Virginia Self will lead a Methodist Epworth League gathering Sunday at 6 30 p m The session will discuss the topic Helping Hugh Stuntz Work Among South American Young People The event aims to engage youth in church outreach and spiritual activity.
The Marionette 4 H club will hold an all day meeting Wednesday at Miss Catherine Reinheimer’s home. A picnic luncheon will be served with members asked to bring a covered dish sandwiches and table service.
John G. Westbrook and his daughter Mae Louise Croasdale with Virginia Croasdale visit Cedar Rapids and Marion over the weekend, accompanied by Mr. and Mrs. Art Peterson of Kenosha Wisconsin.
Mr and Mrs Ray Bodger of Nevada are expected to stay a weekend with the Herbert Price Richard Burt and Walter Van Fossen households for a family visit.
Mr and Mrs Franklin Johnson arrive in Marion from Rockford to visit the George Schrimper home. Mrs Johnson plans to stay a week while Mr Johnson returns Sunday. Also visiting are Mr and Mrs Lloyd Creglow of Vista California at the Max Creglow home.
Mrs Willard Patterson has returned to her home in Waukegan Illinois after visiting relatives in Cedar Rapids and Marion over the past week.
Earl Stanton, who has been working in Wisconsin, is expected here for a week end visit.
Mrs John Mulvany escorted by her brother Thomas Paris of Cedar Rapids to Clinton for his marriage to Mrs Gertie Anne Harracan of Chicago. Alvin Kline and daughter Arline of Leon plan a Marion weekend with his parents Mr and Mrs H P Kline.
Jennings Hotchkiss heads to Fort Snelling Minnesota for a year of active duty as second lieutenant. Mr and Mrs Andrew P Muson travel to Delhi to plan a summer cottage. A special meeting of the Methodist church official board follows the morning service. Mr and Mrs Charles Edwards and their son and daughter-in-law Mr and Mrs Gordon Edwards of Sabetha Kansas will visit Mr and Mrs C B Vernon for the weekend. Mrs Austin Case returns home after a tonsillectomy at Mercy hospital Cedar Rapids.
A group of friends hosted a surprise party Thursday for Mrs. Johnnie Miller. Attendees included Mrs. W. F. Emde and Carl, the Vernie Booths, Wayne and Doris, Marion Yoder and Francine Flanders, Mary Gingerich and Esther Yoder, Ida Long, Nella Spear, the Trieschmanns, Helen Miller, Marilyn, Ethel Mae, Kenneth Wray, and others.
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