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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 11, 1936
Page
25
Chicago reports Friday arrivals of 1 500 cattle 8 000 hogs and 5 000 sheep. Cattle shipments were sharply cut as traders noted slow demand and steers selling mostly at seven dollars with some above. Prices remain $5-$6 below last year as beef demand slackens and competing meats weigh on markets.
Market notes show varied weight bands with prices for growers and packers. Prices range from about $7.75 to $9.75 across 140 to 550 pound categories, with multiple entries for MWA Hogs and packers.
Department of Agriculture reporting brisk hog receipts around 13 000 with mixed prices for different weight classes. Cattle receipts about 5 000 with a general slow market, lower price tendencies, and narrow demand for heavy finished stock. Sheep receipts near 5 000 with steady to weak lambs and sharp price pressure on ewes and wethers.
Livestock market report shows hogs steady to higher with price increases across weights. Buyers quoted for 150-160 Ibs at 8.65, 180-220 Ibs near 9.75, 270-290 Ibs around 9.15, and 925-350 ins Moses packing sows at 8.50 to 9.00 with various lot totals and averages.
In Austin Minnesota hog bids moved higher with good to choice 180-220 lb hogs at 9.40 to 9.70 per cwt and 220-250 lb at 9.30 to 9.60. 250-290 lb fared 9.20 to 9.50 and 290-350 lb ranged 8.90 to 9.20. Packing sows 275-550 lb listed at 8.05 to 8.65.
Sioux City cattle receipts 2500 steady on light steers yearlings and heifers. slaughter cattle and stockers weak. Hog receipts 3500 with bids steady to strong on prime weights. sows and feeder pigs higher. Sheep receipts 2000 with native lamb bids around 10.75 and yearlings near 9.00. Idaho feeders 9.35.
Receipts and price ranges across cattle hogs and sheep show mixed movement. Fed steers and yearlings sold around 41, $6, byweights. hogs strong to higher in lighter weights, mid 9s to 10s. sheep meager with bids down on springers and yearlings and steady to weak slaughter lambs.
Hog receipts total 7 000 with top at 9.85 and bids 9.80 to 9.85. Calves 200 head. steady for light steers under 900 lb, other cattle weak. Vealers steady. beef cows 5.00 to 5.95. bulls 5.50 to 5.85. Sheep receipts mixed with lambs mostly 25 cents lower. market tone soft.
Combined hog receipts at 20 concentration yards and 9 packing plants in interior Iowa and southern Minnesota for the 24 hours ended Thursday 8 a.m. totaled 20 900 head, up from 24 100 a week prior and 17 190 a year ago. Active 10 cents higher than Wednesday with all classes advancing. Prices ranged light 140 160 lbs 8.70 9.40, 160 180 lbs 9.20 9.75, 180 200 lbs 9.50 10.00, 200 290 lbs 9.50 10.00, 220 41250 lbs 9.40 9.95, 250 290 lbs 9.20 9.80, 290 350 lbs 8.95 9.55, packing sows 275 350 lbs 8.45 8.95, 350 425 lbs 8.25 8.80, 3550 lbs 8.05 8.55.
Hogs strengthened on the local market Thursday as all grades gained 5 cents. The top price rose to 9.75 dollars while other local markets remained unchanged.
Grain and produce prices listed for corn oats soybeans and byproducts plus wholesale fruits vegetables and cured hides. Sugar market notes report Raw sugar firm with July futures near 82 to 83 cents and refined steady at 5.00.
Wheat prices held about steady on the Chicago Board as July contracts rose modestly while corn oats and rye showed limited movement. Government crop estimates failed to spark activity and Winnipeg weakness weighed on wheat though Minneapolis strength gave a late pickup.
Chicago AP report lists cash wheat prices for various grades and cereals, with corn, oats, rye, soybeans, barley, timothy and clover seeds, plus lard and bellies prices. Bid and ask figures are given for No 4 red wheat 286c and other grade ranges, with mixed and yellow corn varieties and samples.
AP dispatch lists 82 car wheat receipts in Minneapolis with historic price levels. No 1 heavy dark northern spring 60 lbs at 1.0919 dollars per bushel, No 1 dark northern 59 lbs at 1.0742, 58 lbs at 1.0512, No 2 dark northern 57 lbs at 1.032, fancy No 1 hard Montana 14 percent protein at 1.1042, to arrive around 1.09, plus No 1 hard or dark hard Montana winter 93.2 to arrive 92.12, hard amber durum No 1 1.17400 at 1.1154, No 2 0.8934 at 1.1154, No 1 red durum 15%4c with July 95'2c Sept 2%ac Dec 1. The report also lists CORN No. 3 yellow 55 144 to 56 4¢ and OATS No. 3 white 23 5% to 24 5ec.
New York bond market shows irregular trading in medium and low priced rail issues with modest gains for Canadian Pacific debt, St. Paul, and North Western, while Illinois Central, Southern Railway, and Nickel Plate slip. Corporate issues shift up briefly, with American Foreign Power, Detroit Edison, and International Telephone higher. U.S. government issue activity is light with small declines. French bonds hold steady despite political uncertainty.
U S bonds finished the day with Treasury 45 44 54 at 112.31, Treasury 334s at 108.13, Treasury 3s 46 49 at 106.60, and Treasury 3s 51 55 at 104.90 in New York trading.
Chicago AP market notes firm butter creamery and varied live poultry values with receipts for butter 18 493, eggs 21 393, select firsts and extras steady, potatoes showing supply and demand shifts. New York prices followed with eggs 23 1/2 to 23 3/4 cents, creamery 29 1/2, and poultry firm with various weights and grades.
Chicago prices for butter egg and cheese futures show closes and storage standards in place. Potato futures for Idaho russets also listed with October dates and price ranges.
AP report from Minneapolis lists unfinanced carload flour prices at 6.40 to 6.60 per unit with 98-pound sacks. Pure bran fetches 15.50 to 16.00 and standard middlings 21.09 to 21.50.
Finland notified the United States it will meet its semi annual war debt installment of 164 315 50 on June 15. The Baltic republic remains the only war debtor nation not to default on obligations to the U S Great Britain and Italy have said they will continue default after June 15 while other debtors are not expected to change course.
Late buying in steel shares lent momentum to a rising market with gains of fractions to more than two points. Farm issues led the rally as traders kept a tight tape on rails and utilities while alcohol stocks slipped. Turnover ran about 900,000 shares with notable moves in J I Case Deere and International Harvester.
AP reports irregular foreign exchange demands in cents for numerous countries and cities. Quotes cover Great Britain, France, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Portugal, Greece, Poland, Czechoslovakia, Yugoslavia, Austria, Hungary, Roumania, Argentina, Brazil, Japan, China, Hong Kong, and intercity New York Montreal rates, with nominal values noted.
U S Department of Agriculture reports original territory wool sold in Boston at 86 87Tc scoured for fine combing length with good French combing length, while average to short original bag wool fetched mostly 83 85c scoured. Prices reflect difficulty securing long French combing wool.
Marion Linn chapter D A R observed Flag Day under Miss Edna Roberts at Mrs. Harley McCalley’s home with a 27 attendee luncheon. Program included piano duets, readings on the flag, a flag quiz, and a new regent’s installation Mrs. W G Koppenhaver announced committees. Several local members and visitors attended. many meetings and visits noted for upcoming clubs and events.
The twelfth annual Hooker reunion will be held at Ellis Park in Cedar Rapids on June 21. C B F Michel addressed the vocational agricultural convention in Ames Wednesday evening. Mrs. Jane Knight remains bedfast after two months. The annual summer health roundup for Marion schools is June 19 with examinations by local physicians. Children's Day at First Methodist includes baptism and reception from class and letters. Miss Milda Culver hosts the Jolly Dozen club Saturday with sewing and flowers for the sick.
The Rev. Mr. and Mrs. James and Rev. Mr. and Mrs. Hoyt of Dixon California visited Mr. and Mrs. W. W. Vaughn en route home from an eastern trip. Mrs. W. A. Jackson hosted the Chatterbox Bridge club at her home with lunch. Two bridge tables competed. first prize went to Mrs. B. E. Beiber, second to Miss Alice Vogel, and consolation to Mrs. Glenn Larkin. Miss Vogel of Rock Island was a guest.
A condensed ledger lists ad sizes by line count and charges. It shows options from two to seven lines with corresponding prices ranging from 1.35 to 3.36 dollars, outlining unit costs for various space allocations.
Funeral services for E. L. Weed, a former resident, were conducted at Yocom chapel with Rev. Ralph Hall Collis presiding. Burial followed at Oak Shade Cemetery. Attending from out of town were Mr. and Mrs. Fred Oepping Hiram Oepping Walter Oepping all of Atalissa Mr. and Mrs. T B Weed of West Liberty and Mr. and Mrs. L A Weed of Iowa City.
In Mason City the effort by Hanford MacNider and Mrs. May H. McNider to bar a $2,300,000 claim against the C. H. McNider estate failed. Judge T A Beardmore ruled the claim may proceed on its merits despite a one year filing limit. The suit, brought by F A Oatjes and sixty stockholders in Northwestern States Portland Cement, alleges fraud and breach of fiduciary duty by the cement company directors.
Rome reports Marshal Rodolfo Graziani named viceroy of Ethiopia replacing Gen. Pietro Badoglio who becomes Duke of Addis Ababa. Badoglio had assumed viceroy role on May 9 while Victor Emmanuel III was proclaimed emperor. Badoglio to receive honorary fascist party membership.
Mike Kehoe a farm laborer near Wauk on, long unaware of his daughter Mrs. T Harold in Chicago. She tracked him down via Rev P Reynolds of Hanover parish after years of searching, including a trip to Ireland. He plans to accompany her to her home in Chicago.
An OCR fragment lists hair waving services and prices at several salons including Lillian Lucky Beauty Shop and Delux Beauty Shop. It notes dry lifeless hair wav ed beautifully with Zotos modern oil permanent priced from five dollars and up. Mentions Ione M. Brunton and Dows Building.
Contract for surfacing 6.4 miles of county trunk road in Jefferson and Franklin townships awarded to Leslie Leas of Monona on a bid of 89 cents per cubic yard. Project requires 5,200 yards of crushed rock. Completion by Sept 15 with 90 percent local labor. Three other bidders participated.
Mrs. I. O. H. Brenneman entertained the Child Study club on Wednesday evening. Four tables of bridge were played with Mrs. Hugh Hutton winning first and Mrs. Henry Miller taking consolation. Members planned to attend the Child Welfare conference in Iowa City next week and voted $2.50 to support Thomas park maintenance. Guests included Mrs. A. G. , Mrs. H. Ballew and Mrs. W. C. Sheets.
Local beauty shops list machineless permanents with prices from 3.95 up and waves and curls offers. Names include Mary Nell Beauty Shop, Helene Beauty Shop, Cinderella Beauty Shop, Gabrieleen products, Kennedy's, and Esther Rankin for permanents. Also ads for a beauty school and laundry services.
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