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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 22, 1937
Page
4
Chicago market reports hog prices gaining 10 cents as stock levels stay tight. top hogs hit 11.65, with grainfed beef limited and prices rising to 14.75 for heavy steers. Cattle and sheep shows mixed demand with grass fed cattle softer and slaughter lambs around 12.25 to 12.50, while wholesale beef carcasses and pork loins hold firm.
The market review notes mixed sentiment as US and European yields shift. France faces lending hesitations while German and Italian bonds show tentative strength amid varied investor appetite and currency dynamics.
City markets show strong demand for sheep and cattle with 8,000 head of sheep including 4,500 direct. Hog receipts at Des Moines and Omaha range with steady to higher bids, calves and yearlings around 1000 stocker and feeder prices, Idaho and California lambs noted, slaughter cattle prices firm, feeder steers at around 7.25 to 7.50 per cwt. Overall activity limited by margins, with packers offering mixed bids across weights.
Higher hog grades lift top bid to 11.15 while extra fine hogs traded at 112. Prices for truck hogs across weight classes shown by Wilson & Co OG Market with varied levels. Calf, sheep, and cattle markets listed with prime steers to 12.50 and assorted counts for yearlings, cows, and bulls.
Market list from Cedar Rapids shows grain and produce prices including wheat at $1 131 10, corn around 106, and 1 44r for oats. Also listed are poultry, vegetables, with wholesale notes and varied unit prices, reflecting a busy local exchange.
Reports of black rust damage spurred heavy buying in wheat futures in Chicago. July wheat rose to 5 cents, corn futures gained, oats edged higher, and Winnipeg deliveries hit the five cent limit amid bullish Western market signals and dry Canadian weather.
Open grain markets show mixed signals with Winnipeg wheat prices quoted for May and Dec and Chicago cash provisions listing various No 1 and No 2 grades. Minneapolis reports receipts of 122 cars year ago with no change in allocations and varied price levels for hard and dark wheats, corn, oats, rye, and soybeans amid fluctuating test weights.
New York and Chicago markets report butter receipts weaker creamery but firmer than earlier. Cheese receipts steady with specials and standards. eggs and poultry also steady with mixed packed goods.
US bonds closed with Treasury notes quoted at 32es 40-13 June 105.14, Treasury 3% at 43-37 totaling 99.23, and Treasury d'ss at 46-49 priced 104.18.
New York AP reports steel shares advanced modestly while the overall market sagged on Monday. Trading slowed to about 500,000 shares as investors awaited the federal mediation board meeting with strike leaders and employers.
Wall Street close lists midday and Chicago stocks with prices for Adams Express Alaska Juneau Inspiration Allegheny Coro n International Hydra Allied Chem etc. Includes numerous equities from Amern, International, U S Steel, General Electric, Studebaker, Sears, US Steel, and Yellow Cab motors with reported shares and percentages across a long catalog of names and figures.
The report lists rising Mississippi River stages for Davenport Hastings La Crosse Prairie du Chien Dubuque Keokuk St Louis Cairo Memphis and other points. It also shows foreign exchange rates in cents for Great Britain France Italy Germany Holland Norway and other currencies with various quotations.
Marion society notes recount weekend visits and dinners across Muscatine Cedar Rapids Williamsburg and Robins. Guests include the Busby Pierce Donohue Hart Miller Wafle Wriggs and Dean Cheadle among many, with church shows and WPA sidewalk work Also a Ken sington at Presbyterian church and a Bible school week planned.
Mrs Gertrude Temple talks about her daughter Shirley's screen future as producers and critics forecast. Dr James Rowland Angell warns dictatorship may arise if emergency programs endure, signaling a hard winter of authoritarian rule. Virginia Bruce expresses wish to marry a doctor. Dr Harold W Dodds condemns social security as a false goal capable of harming a nation’s economy and spirit.
Moscow reports Indications of further trials of Trotzkyites in the United States. Alexandra Cumbilova a female commissar for social security in the Crimean republic and several alleged accomplices were arrested on charges of embezzling public funds for use of Trotzkyites.
D. I. Carol Heardrick and Mar ratt F. Egan of Cedar Rapids, Jerome Hs Von Falkenstein and Mabel K. Ritchie of Waterloo, Leonard J Strait and Ohealice L. Scherrs of Cedar Rapids listed in marriage licenses. New York sugar futures eased, July declined 2 points, refined steady. Wool market in Boston showed little change with Ohio Michigan fleece offered 41-42 cents grease, Texas and French wools firm.
The Gazette states ads may be placed by telephone mail or in person and warns it will not be responsible for more than one incorrect insertion of an overordered advertisement.
The Mothers club will meet at Mrs. W. E. Peddycourt’s home at 1332 Thirty-fifth Street NE Cedar Rapids. Members will bring outgrown children’s clothing to sell with proceeds for charity. Other social notes mention visits among local families and the Busenbark family reunion set for June 27 at noon in Thomas Park.
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