Livestock Receipts Down As Drought Hits Demand
Chicago AP reports Monday unofficial livestock receipts show hogs 19 000 cattle 20 000 sheep 11 000 amid drought and weak meat demand. Estimated hog receipts for next week are also noted.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 11, 1936
Page
10
Chicago AP reports Monday unofficial livestock receipts show hogs 19 000 cattle 20 000 sheep 11 000 amid drought and weak meat demand. Estimated hog receipts for next week are also noted.
Chicago cattle marketings rose 14 000 head week over week while hogs added 2 000 in a drought affected market. Slaughter prices slipped as hot weather dampened demand with steer carcass quotes at 9 to 14.50 per hundredweight and the week’s top at 10.70 for hogs. Fat lambs gained up to 1.00 as receipts declined.
U S Dept of Agriculture market report shows cattle receipts at 899 calves 100 with lower prices across fed steers yearlings and cows due to heat and drought. hogs 6 500 with steady to lower quotes. sheep receipts 2 500 with fat lambs 50c to 1.00 higher and mild gains in other classes. extreme top steers around 10 dollars while feeders sit near 8 9 dollars.
Des Moines AP reports combined hog receipts at 20 yards and 9 packing plants in interior Iowa and southern Minnesota totaling 18 500 for the 24 hours ending 8 a.m. Saturday. Prices ranged from 140 to 550 pounds with slow to uneven demand and steady to slightly lower week over week.
Omaha AP reports cattle receipts 500 with calves 50 for the week and cattle prices mostly down for steers and heifers while cutters and bulls rise. Vealers steady. cows and cutters varied. Receipts lambs 2,000 with week movement strong for sheep and lambs. Hogs receipts 1,500 show 10 to 15 cent drop with typical weights quoted and sows near 8.0 to 8.15.
U S Dept of Agriculture cattle receipts show light steers and yearlings 15 25 C lower. heifers and cows weak. better stock and feeders down 15 25 C. Hog receipts 2000. prices mostly 10 15 C lower. top near 9.90 for 170 240 lb. pigs. Sheep and lambs scarce. fat lambs 5 25 C higher. yearlings and ewes up about 50 C.
USDA reports 700 head on South St. Paul market with declines in slaughter steers and yearlings and substantial cuts in stocker and dairy cattle. Heavy marketing and heat push prices down though demand remains fair. fed steers and yearlings in the $6.75 to $7.50 range, best steers near $8.00, fed heifers up to about $7.50, grassy cows weaker amid drought.
Market quotes show calves at 6.00 to 7.00, hog receipts 900 with steadiest bids around 9.50 to 10.25 for various weights, sows 8.00 to 8.40, pigs 10.00 down. Sheep and lambs saw higher native lambs to 10.35, yearlings 6.00 to 7.75, ewes 3.00 to 4.50, rage feeding lambs around 8.35 with totals listed.
Wheat futures fell to the 5 cent limit with July at 1.0414 as traders dumped contracts on forecasts of rains and cooler Northwest weather. Corn and oats followed, July corn down 7 cents, oats off 1 3 4 cents, with a generally weak market led by expectations of higher production and scattered showers.
The Associated Press notes hog markets in Waterloo Mason City and Ottumwa show steady to lower prices. Weights range 100 to 350 plus pounds with braces for good lights and packers, yields varying by region and weight class.
In Austin Minnesota bidders list cattle by weight with bids showing ranges from 180 to 350 pounds. Prices span from about 6.95 to 9.85 dollars per hundredweight, with higher values on lighter grades and substantial variation across weight categories.
Hogs fell five to fifteen cents across all grades on Saturday. Top price for good hogs reached 9.95 while good packers sold around 8.15 as overall demand remained slow.
Market report lists bid ranges for cattle including choice steers and yearlings with weights and prices, pasture and feedlot categories, followed by wheat and grain futures and Chicago cash bids. Also notes Minneapolis grain quotes for corn oats and seed. Includes broker Lamson Brothers details.
Grain prices list wheat oats rye barley and corn with various grades and per bushel figures. Produce items include hens broilers eggs lemons apples lettuce celery cabbage cantaloupes watermelons and more with per crate or per pound pricing. Hides and horse hides priced by type and quality.
Chicago prices show no change as butter and eggs hold steady with large receipts. Potatoes show moderate supplies and very good demand with varied prices for different regions and grades including Missouri cobblers and California White Rose futures.
AP notes firm butter for creamery extra 92 score at 33 percent, cheese receipts remain high with 1935 fancy prices unchanged, eggs steady across mixed colors, whites and browns, live poultry about steady with prices unquoted, dressed poultry steady to firm with all fresh and frozen prices unchanged.
Chicago futures show no trading in butter or egg contracts on Saturday as the market remained inactive with no price quotes or movements reported.
New York bonds edged into irregularities on Saturday while the market held steady with broad rail buying. Utilities and industrials rose, with several rail issues hitting new highs. Government bonds stayed in a narrow range as Treasury issues traded mixed to firmer.
U S Department of Agriculture reports domestic wools largely quiet in Boston with sparse buying for fine and blood territory wools. Ohio fleeces steady with fine delaine at 35 36 cents a pound grease. other grades firm at 34 36c for staples 2 blood, 38 39c for combing 4s blood, and 37 38c for ½ blood.
Mrs Georgia Barmon Reynolds lies in a hospital coma after an overdose of sedative with her husband Arthur Reynolds Jr. reporting recovery. The couple, recently married, said they took the drug to combat jitters and insomnia, denying a suicide pact. Public police theories were dismissed by Reynolds.
US equities shrugged off profit taking with many issues hitting new highs for the year. Trading volume around 750,000 shares marked the best Saturday turnover since last April as investors bet on continued business strength and potential dividend boosts amid earnings optimism.
Two young pedestrians were injured in separate auto related incidents reported Friday evening. Nine year old Robert Ragona was bruised after his bicycle hit a car on Eighth avenue SW near First street, driven by Robert J. Parks. Four year old Mary White sustained foot and hand bruises after darting from behind a street car into a car on B avenue and Eleventh street NW driven by M. L. Hartleib of Waterloo.
Manchester reports 16 month old Florence Jean Kaster daughter of Mr and Mrs Hiram Kaster became seriously ill after drinking kerosene from a cup. The mother had been filling the stove and removed the oil tank when the child dipped up some oil and drank it. The child was unconscious for about two hours.
Washington AP Democratic leaders fear a possible labor war from John L Lewis and his steel workers drive. Lewis allied with Roosevelt and United Mine Workers, risking a strike that could force administration to choose sides between industry and Lewis. Navy officials testified secrecy on naval inventions was hard to keep.
Mrs Sara E Linville mother of Guy Linville Cedar Rapids attorney died at her daughter Mrs A L Mordeaux home in Pueblo Colorado after a two month illness She was born May 13 1858 in Mills County Iowa married Z F Linville in 1874 later moved to Cedar Rapids She is survived by a son a daughter two grandsons and a great grandson Services will be at Turner chapel Cedar Rapids at 1030 a m Monday Rev R Blaine Hyten officiating Burial Oak Hill Cemetery.
Funeral services for infant Felix Simkavitz Jr son of Mr and Mrs Felix Simkavitz will be held Monday at 10 am at the Brady chapel with Rev Donald Peters officiating The child died Friday at a local hospital Surviving siblings Madonna Dolores Frances Hubert and Joseph all at home Friends may call at Brady chapel after 1 pm Sunday
Forest officials in Sundance report fires across northeastern Wyoming blamed on unemployed men hoping for work. Firefighters paid 30 cents an hour. Ranger Ted Cochran says investigators are removing unknown travelers while fires in northern and southern Wyoming are under control.
A brief note states rain drops descend at roughly 10 feet every second. The line emphasizes the fall speed, reflecting a simple physics observation.
Henry White 84 longtime Marion resident and retired Milwaukee railroad carpenter died at 313 Sixth Avenue after a heart attack on his porch. He was born November 2, 1851 in South Rehobeth Massachusetts and lived in Marion over six decades. He married Lottise Lovell in 1873 and had three children William Ernest and Mrs George Busby. Funeral set for Sunday at 9:30 a.m. at Yocom chapel with Rev Ralph Hall Collis officiating. Burial in Oak Shade.
A consolidated listing of Sunday services for Marion churches. Baptist led by Rev. Loren Inman with morning worship by Rev. Thomas J. Hinken. St. Josephs Catholic mass times. Christian Church led by Rev. Irving E. Wade. Congregational led by Rev. Herbert O. Allen with sermon Gassed. Free Methodist, Methodist Episcopal, and Presbyterian services noted with superintendents and schedule.
Ralph Flanagan of Miami won the 1500 meters at the final Olympic tryouts in Warwick Neck to secure Berlin Games selection, finishing 25 meters ahead of Jack Medica. Arthur Highland of Chicago upset Peter Fick in the 100 meters free final, edging Fick by a touch.
The will of Elmer Collicott of Cedar Rapids who died June 5 is admitted to probate in district court. Effie Collicott is named principal beneficiary and executrix. The will was executed February 27, 1919.
Nelson E. Buntz, 53, who was blind, died of suffocation after becoming trapped inside the Aetna hotel during a three alarm fire that caused about 10 000 dollars in damage. Firefighters aided 25 patrons fleeing the building.
Birth notices announce a seven pound son born July 7 to Mr and Mrs Lewis Prymek of Ainsworth and former Cedar Rapids resident Adeline Balik. A second son was born July 9 at Mercy hospital to Mr and Mrs Wilbur Jackson of 319 Fourteenth Street NE.
Inner circle talks after conventions boost expectations of a hard fought race. Roosevelt and Landon plan wide speaking tours with heavy funding, forming large campaign structures to sway farmers laborers women youth and business groups. Both sides forecast spending in the millions as they prepare to launch intensified activity by August 1.
Joseph Robert Telesphore Dionne, son of Elzire and Oliva Dionne, born Thursday morning in Callander. Named to honor Saint Joseph and uncle Telesphore Demera, the child weighed eight pounds with four names noted as a mouthful. He and mother were reported in good condition. the quints nearby remain unaware of the newcomer.
Allan Doty 89 of Oelwein died Friday at 12 30 p m Two sons Albert and Roy Oelwein survive The funeral will be at 2 p m Sunday at Hintz funeral home Rev C E Hillis officiating Burial will be at U B cemetery in Fairbank.
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