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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 12, 1935
Page
10
Chicago market sees top hogs under 10 dollars for first time in weeks with slow early trading. Cattle receipts 6,000 and hogs 11,000. reports show mixed price dips in St Louis and Omaha and varied USDA earnings across light to heavyweight hogs and sheep.
Chicago reports a modestly bullish crop outlook failed to move traders as wheat, corn, and oats edged lower. Prices drifted in a narrow range amid favorable northwest weather and Canada pool worries, with 100000 bushels of Argentine corn due soon and cash markets largely quiet.
Receipts totaled 13 cars with 11 in the lower end and 2 more at the end of the day. Prices eased about four cents as demand remained dull and featureless for the grain market.
Wheat prices in Winnipeg show a cautious session with July futures opening lower and closing around steady, observers noting modest demand and minimal supply shocks. Strong entities include Winnipeg Grain Exchange and traders monitoring BI12 and BI2483s indicators.
Chicago cash grain mixed with No 2 yellow corn around 87 8742c and barley demand weak. Minneapolis cash grain closes steady to slightly lower with No 1 northern about $1.01 to $1.04 and various durum and hard amber values reported across futures and delivery terms.
Chicago AP reports weak butter receipts across markets with creamery extras around 24 cents and firsts near 22 to 24 cents. Eggs receipts steady at about 29,248 with local and storage packed firsts around 22 to 24 cents. live poultry mostly weak with varied hen and turkey prices. Potatoes on track with steady old stock and slow demand. several state and regional prices listed for U S No 1 and No 2 grades. New York details show eggs around 24 cents and butter near 24 to 25 cents. cheese quiet and live poultry unquoted. Chicago futures show butter storage standards and June/July prices around 23 to 24 cents.
Early trading focused on low priced loans with sharp advances on strong volume while U S government issues held near unchanged. Carrier bonds gained strength at the open and stayed firm, utilities and industrials declined little, and foreign bonds remained inactive. Notable gainers included American Smelting 5s Armour and Co 416s Consolidated Gas 549s International Telephone 5s North American 5s and Western Union 5s. Postal Telegraph Co bonds fell about a point near 22.
In Mason county Texas 4-H boys earned blue ribbon status with grand champions across Fort Worth San Angelo Houston Amarillo and El Paso over three years.
Hogs are mostly weaker on the local market with all grades except the four lighter good grades down 5 to 15 cents. Top price hits 9.45 dollars.
Grain and wholesale fruit prices list in Cedar Rapids with assortment of cereals Wheat 78 cents per bushel oats 30 cents corn shelled 75 cent per bushel rye 47 4 cents barley 70 cents. Fresh fruits and vegetables include oranges lemons grapefruit potatoes bananas strawberries lettuce pineapples and peas with varied per unit or crate prices. Also listed hides and cattle by quality with prices.
New York reports a steady to firmer tone in early trading as refiners show more interest in August shipments. July No. 3 edges up to 2.40 from 2.38, March rises to 2.26, refined granulated holds at 5.25 with wetter demand noted. No sales recorded. Foreign exchange rates listed for major currencies and cities. Wool trade in Boston remains quiet with little price movement as mills show few urgent needs.
Minneapolis flour market shows no change with shipments at 18 056 and Bran at 22.00 to 22.50 while middlings run 25.00 to 25.50. In St Paul cattle receipts total 1 900 with mixed results across steers cows and bulls. hogs down 15 to 25 cents. sheep receipts down 50 cents. Omaha reports hogs steady to 25 cents lower with various weight grades priced. cattle receipts 5 000 with steer and heifer prices around 9.00 to 10.50. calves and bulls vary. sheep with lambs lower by about a dollar.
TACOMA AP Rodman Titcomb general manager of Weyerhaeuser Timber said Tuesday he was not interested when told Salt Lake reports said Harmon M. Waley, a kidnapping suspect, was a foreman at the firm. He said he would not fire a man on that ground and had not checked the records.
Salt water from a powerful two year old storm swept inland along the North Carolina coast and failed to drain, killing hundreds of trees in swamps.
Wall Street traded listlessly after a modest midday rise with scattered fractional gains. Stocks showed cautious activity as investors weighed the NRA and other news, with several issues like U S Smelting and Great Western Sugar advancing while overall turnover hovered near 900,000 shares.
Tulsa leader Mrs. Robert Campbell Lawson won the presidency of the General Federation of Women's Clubs at its triennial Detroit convention. She defeated Dr. Josephine L. Peirce of Lima, Ohio, in a hard fought race to lead the world’s largest women’s organization for three years. The federation endorsed federal birth control information legislation by a wide vote of 493 to 17.
BUENOS AIRES AP report says Bolivia only needs formal acceptance of the mediator's plan to end the Gran Chaco war. Paraguay has already agreed to a 12 day armistice, reached Sunday.
Davidson county jail to be built on the eighth floor of the new courthouse in Knoxville. Escape routes will be blocked by a single exit through a ground floor sheriff's lobby. A penthouse level will house laundry kitchen and women's cell block with a dedicated patrol wagon elevator for swift transport.
Ong Hee oe born to Mr. and Mrs. Henry V. Jambor Jr. of 417 Third Street SW a daughter Julieann on June. John Sikir and wife of Chelsea route 3 welcomed a daughter June 10 at Mercy hospital. John Sullivan and wife at 522 Thirty-third Street NE welcomed a son June 10 at Mercy hospital. James Colbert and wife of 1606 Thirteenth Avenue SE welcomed a son James Bernard Jr. on June 11 at Mercy hospital.
Count five words for the first line and six words for each further line to estimate the space for a small type want ad. Then use the rate table for the number of days desired. Out of town readers may reply to Gazette ads with phone numbers via a letter to The Gazette Want Ad Department. The Gazette will not be responsible for more than one incorrect insertion of an advertisement ordered for more than one day.
The Gazette offers a $25 reward for information leading to arrest and conviction of anyone using or answering want ads for immoral purposes to obtain money through false pretenses. The notice lists various ads and services found in the paper.
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