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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 08, 1939
Page
4
Chicago area market notes report that hogs descend to new five year lows as Friday receipts are estimated 6 000 head with cattle 1 000 and sheep 1 000. Grain quotations are supplied by Lamson Brothers and Company with H R Mowrey managing Cedar Rapids office.
Wheat prices showed an irregular trend on the Chicago board of trade with late trading weakness. July wheat fell to 75 14 cents while corn advanced in parts, oats rose on July delivery, and rye edged lower under selling pressure amid Argentine supply and mixed local demand.
Chicago livestock market summary shows hog receipts at 8000 with prices 6.45 to 6.60 for 180-240 lb. cattle receipts 3500 and calves 1200 with slow feeder and steer demand. best yearlings around 10.00, many weights weaker. cows steady to weak, vealers 8.25 to 9.25. sheep receipts 4000 with lambs 8.00 to 9.50 and fat sheep steady.
Hogs prices across Mason City Waterloo Ottumwa and Austin markets show steady to lower trends. Prices are listed by weight classes from 140 to 600 pounds with ranges for hogs sows and packing sows and cattle tone noted for regional markets.
Combined hog receipts at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the 24 hour period ended 8 a m Thursday totaled 24 200 head, down from 25 000 a week ago and 16 600 a year ago. Prices were steady to 10 cents lower, mostly 5 to 10 cents lower.
Heavy butchers and heavy sows listed with prices per hundredweight. Barrows and gilts range from 160 to 350 pounds with bids from 5.55 to 6.45, packing sows 275 to 550 pounds priced 4.45 to 5.35. Week-ago loading under 28 300.
SIOUX CITY AP cattle receipts 1 800 calves 25 slaughter steers yearlings and heifers mostly steady after Wednesday decline medium and good steers and yearlings 7 50 9 00 medium and good heifers 7 75 8 25 beef cows 6 00 7 00 cutters 4 50 hogs receipts 3 000 slow steady to 10c higher 180 260 lb butchers 6 00 6 25 packers 6 25 top 6 35 260 280 lbs 5 75 6 00 good sows 400 lbs down 4 75 5 00 sows 400 lbs and above 4 50 5 75 feeder pigs mostly 6 25 few 6 50 sheep receipts 2 000 few early sales about steady native springers 9 50 load fed clipped old crop lambs 8 00 no action on ewes
In Omaha, hog receipts 4,000 with mixed price moves 170-380 lb hogs quoted at 4.50 to 6.35 tops and steady to lower on lighter weights. cattle receipts 2,000 with fed steers steady, vealers weak, beef cows 4.00 to 6.75, bulls up to 6.75. Sheep receipts 1,500 with lambs steady and prices from 8.75 to 9.50 for various grades.
Wisconsin cheese markets report from Plymouth show the June 5 to 10 week with prices including Daisies at 13 cents, horns at 13 1/4 cents, and cheddars around 12 1/2 to 12 3/4 cents. Farmers' call board lists Daisies 13 1/4 cents and commodores and Ameri care at 13 1/4 to 14 2/3 cents, with horns near 13 1/4 and cheddars around 7 20 cents.
Hogs mostly steady to weak with top prices unchanged at 6.30 for the best hogs 140 to 170 pounds. Weights 170 to 350 pounds report mixed to lower bids, 270 to 350 hogs around 5.00 to 7.50, while cattle and calf markets show declines and varied hog packer quotes across weight classes. Sheep and other livestock values interpolate with limited strength in select categories.
Published market list shows numerous stocks with varied prices led by Alaska Juneau 8s int mining and Allied Chem at 165 4. Key names include American Can Kennecott Copper General Electric Coca Cola Sears Roebuck and Union Carbide among many others. Treasury bonds noted with 4s 47-52 and other government issues closing prices.
Grain prices list for Wheat, Oats, Rye, Barley, Corn, Soybeans with No. 2 Yellow price at 41 1 4 cents and other grades. Hay and straw sold by bale at 5.00. Produce prices for fats, cream, lemons, oranges, celery, lettuce, onions, cabbage, carrots, tomatoes, potatoes, pineapples, cantaloupes with varied per-unit costs. Cedar Rapids poultry and hide market prices included for colored hens, leghorns, roosters, and hides with multiple grade figures.
In New York, leading stocks edged down with a gentle push and fractional losses. Feeble late support trimmed declines. a few issues rose modestly while U S Steel Chrysler Sears Roebuck and Standard Oil of New Jersey lagged. Du Pont and Union Carbide showed slight gains while Aluminum of America and Gulf Oil fell. Bonds and commodities were irregular.
Chicago AP reports cash wheat No 2 northern seven cents. Corn No 1 yellow 52 1/4 to 53 cents. No 1 white 58 1/2 to 58 3/4. Soybeans No 2 yellow 95 cents. Barley malting 50 57 cents. Lard tiers 6.30, loose 5.60. Bellies 7.00.
Minneapolis AP notes Thursday wheat receipts at 237 cars, down from 14 last year, with quotes for No 1 heavy dark northern at 82 to 84 cents and various No 1 hard Montana and durum grades listed. Corn markets show No 3 yellow around 46 to 53 cents with higher quotations for No 3 white at about 31 to 34 cents.
In New York, medium priced railroad bonds edged down about 1 point Thursday as trading stayed light and news on business trends remained scarce. Government issues moved slowly with small shifts, while Italian 7s and Japanese 542s posted minor losses among foreign issues.
Chicago AP notes live poultry receipts at 49 trucks with hens firm and chicks steady. Butter receipts about 1.58 million with creamery 91 score at 23% 4c. Eggs steady with no price change. Potatoes arrivals 89 on track 709 with varied U S No 1 prices from Idaho and California, including long whites and russets, prices firm to slightly weaker amid moderate to light demand.
New York prices and receipts show eggs steady with mixed colors and varied classes across lots while butter receipts rise and firming creamery markets push higher prices for extras and firsts. Cheese receipts stay steady to firm with prices unchanged across categories.
In South St. Paul bids, fed steers fetch 7.75 to 8.50, heifers 7.00 to 18.25, and cows 5.50 to 6.25 while calves near 8.50 to 9.00. Hog receipts at 4,500 show barrows and gilts steady with top at 6.45, sows around 4.25 to 4.75, and pigs from 6.50 to 6.60. lambs and ewes show softer tone with fat ewes 2.00 to 3.00 and fat lambs around 9.75.
Washington AP Harold D. Smith new director of the federal budget proposes creating a planning board to set long range spending policy. He suggests the National Resources Board lead broad planning with a second group to translate policy into projects and requests.
Mrs Frances Votroubek Kilberger died at 2409 J street SW at 1 45 p m on Wednesday after long illness She was born Sept 25 1858 near Shuey ville and lived in Cedar Rapids 35 years Survived by husband a daughter Frances Neirmeyer two sons Joseph of Fairfax and Albert Jr Cedar Rapids seven grandchildren four great grandchildren two sisters and several predeceased relatives Funeral in Brush chapel at 2 p m Saturday with burial in Anderson cemetery Swisher. Visitation Thursday evening and Friday 7 to 9 p m.
Allaine O Connell age 25 of Cedar Rapids died at Oakdale sanatorium at 12 30 p m Wednesday after a three month illness. Born March 9 1915 in Garry Owen Indiana she resided in Cedar Rapids 14 years and was a 1933 Immaculate Conception High School graduate. Survived by mother Theresa O Connell Cedar Rapids father James O Connell Bernard Indiana three sisters Miss Gertrude O Connell Chicago Mrs Ralph Gearhart Cascade Miss Florence O Connell Cedar Rapids and two brothers Joseph and Daniel O Connell Cedar Rapids. Funeral by Msgr John Molloy at Immaculate Conception church Saturday at 9 a m. body to Cascade for burial. Friends may call Brady mortuary Friday.
Russell Collins died at his Cedar Rapids home after a heart attack at about 2 p.m. Wednesday. Born June 23, 1869 in Glasgow Missouri, he served 15 years as Shenandoah post office custodian, retired in 1929. Survived by children Elmer, George, Eugene, Robert, Emmett, Ruth Blackburn, Maxine, and three grandchildren. wife and son Lynn preceded him in death. Funeral Friday at 2 p.m. at Bethel AME Church, burial Oak Hill cemetery. viewing at Rice funeral home.
R. F. Blair 62, a farm laborer on the Milton Chadima farm two and a half miles northwest of Swisher, collapsed and died at about 10 am Thursday while clearing trees blown down by the wind. Coroner Callahan of Iowa City ruled a heart attack. Born in Quebec, Blair’s relatives are as yet unknown and the body rests at the Barta chapel awaiting word from Quebec.
The funeral for August Johnson, former resident, is rescheduled to 2:30 p.m. Saturday at Fairfield. He died in Centralia Washington after moving from Cedar Rapids last April.
Pleading guilty to making application to buy labor under a false name, Over F. Trimble 28 was sentenced to four months in the county jail with two months suspended on good behavior by Judge J E Heiserman. Trimble was arrested Friday night for drunkenness after attempting to buy liquor under the name James Nance with a Muscatine license from last November. He had pled not guilty to the false permit charge.
D. W. Bates receiver of the Cedar Rapids Savings Bank applied in district court for authority to sell Linn county real estate from the bank’s receivership. He has an offer of 6637.50 dollars cash plus a lot in the Mound Farm addition. Judge J. E. Heiserman set a hearing for June 16.
Harold Millhiser offered 90 dollars for two deposit claims in the receivership of Cedar Rapids Savings Bank and Trust Co totaling 889.90. W. J. Conway administrator of E. S. Pritchard's estate was authorized by Judge J. E. Heiserman to sell them. The bank filed its petition to pay a 15 percent dividend, the first since 1934.
Mixed lost items and ads from Brady area. Glasses, watch, purse, keys, pocket items, a tricycle, and paychecks sought or offered for rewards. services include jewelry repair, watch cleaning, moving company ads, and sale items. Local names include Carl Bob Shannon Ted Kasner and J. Tib bitts with contact numbers.
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