Drought Pressures Cattle Market as Hogs Hold Steady
Market estimates show cattle receipts at 7,000 head and hogs at 16,000 on Tuesday with sheep at 3,000. Prices trend down for cattle while hogs stay steady to higher amid drought effects.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 06, 1936
Page
21
Market estimates show cattle receipts at 7,000 head and hogs at 16,000 on Tuesday with sheep at 3,000. Prices trend down for cattle while hogs stay steady to higher amid drought effects.
Cattle from drought regions flood Chicago bids with heavy steers unevenly steady to 25 cents lower while stockers and feeders weaken up to 25 cents. Cows, grass heifers, bulls and vealers show some weakness amid mixed demand. Lambs and dressed lamb prices shift as wholesalers report lambs down from last week’s break.
U S Department of Agriculture notes receipts of 14 000 hogs including 3 000 direct and prices up to 11 15 for heavy hogs and 8 25 9 25 for lows. Cattle receipts 20 000 with weighty steers unevenly steady 9 50 top yearlings near 9 10 and calves 9 00 9 50. Sheep receipts 6 000 with active trade and muttons around 9 50 to 10 00 and fat lambs from 3 50 to 4 25.
Sioux City AP reports cattle receipts at 11,000 with slaughter steers yearlings and heifers near steady, cows weak to 25 cents lower, stockers steady. notable prices include 1024 lb yearlings at 8.50 and 1261 lb beeves at 8.25. Hogs receipts 9,000 with prices 10.15 to 10.40 for 170-240 lb butchers, sow bids down, most hogs 8.75 to 9.00. Sheep receipts 4,000 including 2,300 feeders. native lambs up to 9.75 and spring lambs quoted around 3.25 to 3.50 feed.
Washington dispatch notes Omaha market figures with hog receipts 9 500 early to 10 15c lower and cattle receipts 12 000 calves 1 000 with steers and yearlings at 7 50 to 8 65 and cows 3 75 to 4 50. Falls include sows and bulls with varied quotes and July price notes on lamb classifications.
Combined hog receipts at 20 concentration yards and 9 packing plants in interior Iowa and southern Minnesota for 72 hours ending 8 a.m. Monday totaled 30 400, down from 51 600 a week earlier and up from 28 500 last year. Prices varied by weight with light to medium hogs from 9.15 to 10.65 and heavy weights up to about 10.35, while packing sows ranged from 7.95 to 9.10.
Hog price report shows steady to 10 cent gains in Waterloo with various weight classes from 140 to 350 pounds quoted. Mason City and Ottumwa markets list steady to higher ranges for light hogs and packers, with prices ranging roughly from 7.85 to 10.40 dollars per cwt across weight bands.
Minn AP market report shows hogs steady to higher with price ranges by weight. Good to choice 180-220 lbs fetch $10.00 to $10.30, 220-250 lbs $9.90 to $10.20, 250-270 lbs $9.70 to $10.00, 270-290 lbs $9.60 to $9.90, 290-325 lbs $9.40 to $9.70, 325-350 lbs $9.00 to $9.45. packing sows 275-550 lbs $7.95 to $8.75.
Prime hogs climbed to 10.45 per ton Monday morning at the local hog market, up five cents from Friday. Good packers held steady to five cents higher as cattle remained unchanged.
Wholesale fruits vegetables and meats listed with per unit and crate prices in Cedar Rapids. Grain figures include wheat oats rye corn and soybeans with varied quality grades and prices for hides and animals.
Chicago reports a feverish rally as all grain futures jump the 5 cent limit. Wheat leads with July at new seasonal highs, corn up 4 cents, oats up 3 cents, rye rising. Traders buy aggressively while drought forecasts and Liverpool strength drive prices.
Chicago AP price report lists cash grain and feed items with bids for wheat corn oats rye soybeans barley timothy and clover seed. Price points include No 1 red wheat 1.08 to 1.10, corn mixed 76 to 78 cents, oats white 34 to 39 cents, barley malting 97 cents, and lard and bellies futures around 10 to 13 dollars per hundredweight.
AP reports Minneapolis grain market gains as receipts reach 238 cars. Prices advance across wheat grades including No 1 dark northern and hard Montana at about 1.24 to 1.28 per bushel with arrivals and futures quotes. Corn and oats also move, with No 2 yellow corn trading around 72 to 73 cents and No 3 white oats near 37 to 38 cents.
Chicago AP reports dairy grain and poultry prices with firm butter and egg receipts. Live poultry prices vary by weight and breed while potato receipts total 164 on track 264 with U S shipments and national quotes ranging from 2 25 to 4 0 per bag.
AP market summary shows eggs steady with mixed colors and various pack types. Butter firm with creamery higher than extras and several grade quotes. Cheese receipts large with state whole milk flats and fancy grades noted. Live poultry quiet and steady by freight with smaller item quotes for broilers fowls roosters turkeys ducks and chickens unquoted.
AP notes closing prices for butter and potato futures in Chicago. Butter storage standards for November at 335cents, October refrigerator standards at 253 cents. Idaho Russet potato futures for October at 1 dollar 80 cents.
Minneapolis sugar and flour markets show modest gains in 98-pound cotton goods and bakers patents up 25 cents. New York raw sugar remains quiet at 3.75 with futures slightly higher and refined sugar steady at 5.00 per hundredweight.
Foreign exchange steady with rates for Great Britain France Italy Belgium Germany and others listed. In Boston the wool market shows a waiting attitude as prices and activity remain subdued for U. S. fiber commodities.
The text indicates buyers are surveying the market for wool in case of need but not making offers. Bidders prefer prices well below recent selling levels while Boston prices largely cling to asking prices as markets await developments in goods and foreign wool markets.
Agricultural market summary shows cattle receipts 6,500 with steers steady and cows weakening plus bulls steady. Hogs receipts 6,000 with packing hogs uneven, sows down, and pigs lighter weights high value. Sheep receipts 1,000 with opening prices steady. Montana lambs mixed and native lambs around 9.50 in early sales.
New York stocks showed mixed results with gains in several specialties and losses in steel related issues amid drought fears and a potential major steel strike. Steel production slumped to 67.2 percent capacity as the market closed quiet near the end.
Published by J. E. Bennett & Co. and W. H. Jump manager the column shows prices in percentages for numerous stocks and bonds including Adams Express Inspiration Air Reduction International Harvester Alaska Juneau Johns Manville Allegheny Corp and many others with varied quotes across industries. The sheet lists many names and figures in a dense OCR of a financial page from Merchants National Bank building.
Harold R. Trewin a local attorney told the Republican club at Hotel Montrose that he does not believe Iowans will accept socialist doctrines. He contrasted pioneer thrift with New Deal policies and attacked the Canada tariff pact and a weather control tree belt project as failed experiments.
Judge H. C. Ring in district court set aside a July 2 1935 entry revoking a bench parole for Lauren Power 27 of Paris on an indeterminate ten year sentence to Anamosa state reformatory for breaking and entering He had been sought by county officials since the revocation and was picked up at Paris Friday Power was released from the county jail after the court ordered liberty under parole during good behavior following neighborhood intercession and his clean record while employed there
Gottlieb G. Pater 55 a Rock Island railroad shops foreman died at home 855 Fourteenth street NE Sunday at 6 45 am after months of illness Born June 10 1879 in Detroit Mich he married Caroline Stookey Sept 13 1920 in Wheeling W Va Surviving are his widow two daughters Nora Cole Wichita Kansas Frances Frank Cedar Rapids three sisters Barbara Cook Topeka Lott ie Berg Hollywood and Rose Early Nebraska a twin brother Charles Denver and another brother Mike Topeka Two grandsons Also a member of English Lutheran Horton Lodge 326 AF and AM Commandery 36 and Indian Consistory McAlester Okla Funeral at Turner chapel 4 pm Wednesday burial Cedar Memorial cemetery Friends may call at the chapel until 3 30 pm Tuesday and then at the home until 11 am Wednesday
William Chambers age 78 dies at his home 1906 Johnson Avenue NW after a brief illness. He served thirteen years as custodian at the local Western Union office and lived in Cedar Rapids forty five years. Survived by widow Margaret Lockhart Chambers, daughter Mary Chyle, two sisters, granddaughter Marilyn Chyle, and a niece. Funeral Tuesday at 2 p.m. Turner chapel with Rev. August Cramer officiating. burial Linwood cemetery. Friends may call at the chapel.
E L Umholtz aged 82 died at his Newton Kansas home Sunday. Survived by widow four daughters including Mrs Bowman and Mrs Vanous and Mr Flanagan and Mrs Weaver and Mrs Herschberger and three sons Charles of Swisher William and Harry of Newton. Funeral services set for Wednesday in Newton.
Donald Good of Washington was fined 25 dollars and lost two license sections after reckless driving arrest on highway 161. Justice J E Bovee heard the case with Patrolman James Gildroy filing information.
A sharp Monday rally in Cuban loans drove Cuban 5 2s up over five points amid expectations of a more favorable interest adjustment. Other foreign issues were mixed while Abitibi Power 5s rose over three points and International Hydro Electric 6s plus Utilities Power & Light saw gains. Rail and steel issues were mixed as Treasury issues showed limited activity.
A large Fourth crowd at Marion Golf Club served lunch and a cafeteria supper. Harold Smith won low gross for men, Charles Rowe low putts, J. Lewis Papes most birdies, L. R. Hermann most of any one number, and Bert Teeters blind bogey. Betty Marchant led women with low gross, L. Phillips low putts, Leta Marchant most of any one number, with Bernard Struck winning men’s driving. An evening fireworks display followed.
Marion hitters totaled nine runs as McChesney allowed six hits for the winners. Robins pitchers Frontress and Burgess surrendered fifteen hits, Klopp walloping one for a homer. Mrs H Cowen and son Charles of Los Angeles with relatives Mr and Mrs Homer Woodward of Dow City Calif left Marion for Pennsylvania after visiting local hosts.
Mrs. A E Bowers of Kellogg Idaho is visiting in the home of Mrs. Charles Dodge and Mrs. Ida Bothwell.
The condition of Mrs. L. C. Low who is under care at Mercy hospital Cedar Rapids shows slight improvement as she receives treatment.
Mrs. G. Burger and her grandson Bobby travelled to the western region for a relatives visit. Mrs. Melvin Corum and her children plan a two week trip to northern Wisconsin for a family visit.
Mr and Mrs W A Jackson and daughters Virginia and Shirley spent the week end with Jackson relatives in Madrid.
Mrs. Horace E. Reiter returned Sunday from a visit in Des Moines with her niece Mrs. Marian Jackson and her nephew Lindsay Hoebel. On the way home she stayed in Nevada as a guest in the home of Mrs. E. A. Chapman.
Mr and Mrs A J Dahn of Monday are notified of the death of F A Dahn in Kelsey after a serious illness dating from February. The loss marks a final passing for the family with arrangements pending.
Mr and Mrs Frank Gillilan came home Friday from a two weeks vacation and attended a family reunion Saturday in Central City.
Charles Burch, his daughter Mrs. Irwin Castle, and granddaughter Charlotte Ann are visiting Mr. Burch’s sister Mrs. E. F. Mills in Pacific Palisades California. Ladies Progressive club hosts an ice cream social with Donald Atwater on Wednesday evening.
Clarence Rohrer returned home to Council Bluffs after visiting his parents Mr and Mrs John Rohrer. His sister Mrs K C Shimerda of Cedar Rapids was a guest Sunday evening in the Rohrer home.
Mrs Hassan Stark spent the m with relatives in Central ity.
Miss Nelle Kennedy of Houston Texas arrived in Marion Sunday for a visit in the home of her brother and sister in law Mr and Mrs Walter Kennedy.
Clifford Barnes ended a week with his family in Marion and has returned to Davenport where he is employed.
Mrs G C Miller of 286 Sixth avenue hosted a dinner for her birthday on July 6. Her brother Charles Baird from Trivoli Illinois celebrates his birthday on July 17.
Mr and Mrs D B Christie and Mrs W G Koppenhaver spent the weekend in Perry visiting at the Richard A Crew home. Virginia Crew hosted them and had them return home.
Officers will be installed at a meeting of Centennial Encampment No 91 I O O F tonight at 8 oclock in the I O O F hall.
The Grace H Starr division of the Woman s Missionary society of the Christian church will meet with Mrs Keith Vawter at 890 Central Avenue. Mrs Vawter will also lead the lesson.
The Second and Third divisions of the Presbyterian church Ladies Aid will meet Thursday at 2 30 at the home of Mrs Floyd Dickey.
Mr and Mrs Joseph Berhaag and Mr and Mrs Evans and their son Kenneth of Chicago were visitors in the home of Mr and Mrs S J Hines over the Fourth.
Mrs. Mabelle W. Oxley and her daughter Betty of Chicago spent the Fourth with Marion relatives. The Marion volunteer fire department will meet Tuesday evening in the fire station.
Mr. and Mrs. G. F. Krog and their son Richard of Chicago returned home Sunday after a weekend visit with Rev. Carl E. Krog, the brother of Mr. Krog.
Miss Alice McGuire spent the weekend in Chicago visiting friends and taking in city sights. She returned home Sunday with plans for upcoming social events.
Miss Sara Nott Saturday visits the Bob Smith farm near Ely staying a few days as a guest of Mrs. Pearl Harned and her mother Mrs. Minor of Los Angeles who are visiting relatives in the area.
Club members and families gathered for a Fourth of July picnic at Mr. and Mrs. Frank J. Cleveland on Blairs Ferry road. Dinner at noon served twenty one people.
Mr and Mrs Robert Oxley spent the Fourth at the home of their son in law and daughter Mr and Mrs Harry Horn near Mount Vernon. J V Mulvany and their children attended a family dinner at L D Paris Cedar Rapids in honor of Mr and Mrs Thomas Paris newly married. Other guests included Mr and Mrs Guy Miller Miss Leighton Paris Bailey Finney and Cedar Rapids residents, Mr and Mrs William Leake and daughter Dorothy of Robins, and Mr and Mrs Harry Meredith and son David Allen of Center Point.
Mrs. O G Waffle travels to McGregor and will stay several weeks in the Waffle cottage at McGregor Heights. The move places her residence in a rural setting while she visits relatives and enjoys the countryside.
James Frazee, son of Mr and Mrs J W Frazee near Marion, suffered an eye injury Saturday when a small firecracker exploded in his hand. Doctors believe there will be no permanent eye injury.
Saturday visitors at the J. W. Frazee residence near Marion included Alfred Voss and son John Allen of Chicago. D. Moothart and son David of Maquoketa. Lawrence Peterson of near Central City. Muriel Gahan of Cedar Rapids. Leo Voss. Melvin Dobbs. Freda Mary Smith. J. H. Moothart. Gene Frazee and their children James and Jeanne, all of Marion.
The American Legion swimming pool drew about 850 visitors for daytime swimming. A Cedar Rapids Y M C A band concert led by Stanley Vesely accompanied the event, with a Marion band directed by G L Lyman scheduled for next Sunday.
Mr and Mrs Harley Guzzle entertained guests including the Fourth Mr and Mrs C E Knouf and their children Muriel and Lloyd of Cedar Rapids as well as Charles Guzzle Howard Guzzle and Arline Guzzle from this city.
Troop No 35 led by Dale Peterson will gather at 7 PM tonight in the Methodist church for a Scout meeting.
Mrs. T. A. Cunningham and Mrs. Edna Shops visited Davenport Moline Silvis Bettendorf and Clinton Illinois over the weekend. Miss June Cunningham returned home from Clinton. Mr. John Rohrer and Clarence Rohrer joined Mrs. Rohrer's brother Irvin Ankeny at Morley for the Fourth.
The Townsend club will meet on Tuesday at 7 30 in Memorial hall Attorney Patterson of Cedar Rapids will be the speaker for the event.
Mr. and Mrs. John Aven and their daughters Genevieve and Nellie Mae with their niece Jessie Booth and granddaughter Christine left Friday for a visit in Sac County.
The Woman's Progressive club of the Dry Creek neighborhood met at Mrs. Harold Peterson's home on Thursday with eighteen members present and eleven guests. Guests included Mrs. Edward Blin Mrs. Albert Stevenson Mrs. Charles Dukek Dorothy June Patten Ethelyn Oakley Jane Reed Mrs. B. E. Sechier Mrs. Green Hazel Elliott Mrs. Edward Anderson and Bertha Peterson. The next meeting will be held at Mrs. Morris Stewart's home.
Miss Kathryn Taube returns to Marion from Ames where she has been attending Iowa State College.
Linn's Best 4 H club met at Mary Hoover's home on Thursday. New members Evelyn Brenneman Kath leen Etzel and Virginia Rhinehart joined bringing membership to 21. The program featured a Mary Hoover cake making demonstration and a report on the Ames state 4 H convention by Alice Stewart.
Refreshments served to 20 members led by Mrs. Stanley Stevens with guests Mrs. Harry Blackford and Miss Nielson. Next meeting July 22 at Pauline Blackford’s home. Alice Stewart and Russell Hanson attended an Emerson family reunion in Waterloo and stayed with Mrs. Russell Anton. The group, including Harry Hanson and Leonard Barton, visited caves north of Decorah.
Miss Muriel Gahan and Leo Voss entertained relatives at the J. M. Albright home Saturday evening honoring Mr and Mrs Alfred Voss of Chicago. After games, refreshments were served to 24 guests.
Mr and Mrs Alfred Voss and their son John Allan traveled from Marion to Chicago after a vacation with Marion relatives and friends. A daughter Martyn Jean was born July 2 to Mr and Mrs George Roberts. Marshall Oxley and D G Hall visited on the Fourth in Van Horne and Vinton.
Robert Mitchell Woman's Relief Corps No. 126 will meet in Memorial hall Wednesday at 2 30. Mr and Mrs Dillman Moorhart and their son David who spent the week end in Marion were dinner guests Sunday in the home of Mr and Mrs J H Moorhart. They returned to Maquoketa Sunday evening.
Charles C. Clark a 46 year old unmarrieds son of George D Clark living east of Ely shot himself through the heart with a shotgun on his father's farm about noon Monday. He had been despondent over ill health and was a World War I veteran. His body was found around 1 pm after a shot was heard at 11:30. No inquest will be held. Surviving are Claude A Clark T J Clark Mrs Minnie Wiedenman Mrs Gladys Bourge and Mrs Dorothy Slezak. Body taken to Brosh mortuary at Solon.
The dirigible Hindenburg landed in Frankfurt at 1 20 a m making a record 45 hours 36 minutes for its return voyage from the Lakehurst naval air station New Jersey to Germany.
Amos Roberts 65 native of West Branch died Sunday after a lingering illness. Born October 27 1870 to Caron and Lydia Roberts he married Mary Berkey in 1908. Funeral at Beam and Miller chapel Tuesday at 10 am burial in Wilcox cemetery near Viola. Surviving relatives include Mrs Lima Grey and Orlando Edgerton of West Branch.
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