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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 28, 1940
Page
14
Chicago market news notes hogs continuing to climb past 0.70 plus higher cattle prices. Saturday salable stock receipts estimated by API include 400 hogs 300 cattle and 500 sheep. Grain quotations furnished by Lamson Brothers and Co with H R Mowrey Cedar Rapids office listed.
In Chicago, hog receipts total 7 900 with supplies around 33 000 pounds and prices drifting higher for most cuts. Cattle trade shows steady to firm action with steers near 10 90 and heifers up to 9 80, while sheep and lambs see active demand and top figures around 11 35 for selected spring lambs.
The report shows hog prices varying by weight and yard, with Ottumwa listing ranges from 120 to 400 pounds and higher. Mason City notes hogs steady to higher with price spreads across weight classes and packers seeking hog lots.
SOUTH ST PAUL market news shows feeders steady to higher with steers at 10.25 per 100 pounds and cows around 5.50 with canners near 4.25. HOGS receipts 7,500 steady to higher. top 5.50 for 180 210 pound butchers. SOWS steady to strong. SHEEP receipts 900 slaughter classes steady. California spring lambs at 9.75, natives around 10.25. DES MOINES report tallies 38,500 receipts across yards and plants with mixed ranges for barrows and gilts and sows across weight classes.
Sioux City cattle receipts 1 000 calves 50 strong demand with higher fed cattle and yearling bids. Hogs 6 000 receipts up to 5 40 top with varied weights and sow 4 60 4 75. Sheep 1 000 receipts steady with native springers 10 25 to 10 50 and shorn ewes around 3 25. California wool shipments arriving at 9 65.
Omaha market reports show hog receipts 4 700 with total 6 200 and uneven sales. barrows and gilts up 5 cents, sows to 5 40, 280 pound hogs 5 25, calves 900 total 150 fed steers yearlings strong trades. cows steady and bulls steady. vealers up to 98. sheep sale 1 800 head described as salable with spring sales noted.
Livestock bids listed for lambs hogs and sows with weights from 108 to 400 pounds. Prices shown per hundredweight or per head vary by weight class and include Idaho and California offerings.
New York AP reports stocks gained on Friday led by utilities and blue chips after Wendell L Willkie was named Republican standard bearer. Morning surge saw North American and Consolidated Edison among leaders, with about 1.2 million shares traded.
A dense list of stocks and prices from Wall Street ends with Chicago and other markets. The report names numerous companies such as Adams Express Republic Steel Coca Cola Radio Corp Consolidated Foods Ford General Electric and Du Pont plus banks and utilities with varied price quotes.
Higher hog prices lead the local market with a $5.10 top for choice hogs and varied cattle gains. Hogs in multiple weight ranges show prices from about $3 to $4.50 per hundredweight, while calves and sheep also adjust with tops and quality-based lines noted.
Local Cedar Rapids miscellaneous market prices list grains including No 2 yellow corn at 59 to 62 cents, oats up to 28 cents, soybeans 65 cents, and straw bale prices around 6 to 7.50 dollars. Poultry prices show no detailed weights and several items appear garbled. Vegetables and fruits show lemons at 6 dollars and onions at 2 40, with multiple typos in items and units.
Wisconsin cheese quotas for June 24 to 27 are listed with varieties and prices. Boston wool market shows slow sales but steady prices for spot wools, with futures offered in the 39 to 40 cent range and new low Uruguay crossbred prices noted in South America. Mississippi River stages report fluctuating water levels at Davenport and nearby towns with varying rises and falls.
New York reports varied bond activity with gains in rails and utilities while industrials rise modestly. Prices for government and farm mortgage bonds fluctuate. several issuers including Missouri Pacific and Northern Pacific show firmer rates amid overall market volatility.
Chicago market notes selling driven by larger new crop wheat shipments, wheat at about 7% lower, July 76 and corn up about 1 to 1.5 cents, July 61-61.5. Oats slip and soybeans mix, Minneapolis cash grain shows varied bids, No 2 yellow corn around 64-65 cents, hard red winter and durum prices moving with regional receipts and bids.
Market notes from Chicago show poultry receipts at 43 trucks with hens and leghorn prices steady, butter and eggs receipts high but prices unchanged. Potatoes and regional listings across Missouri California Oklahoma and North Carolina reflect mixed steady trends, with several item prices and freight details noted in a bustling market summary.
The Prairie Chapel church women hosted a missionary luncheon with ninety attendees seated at eight tables adorned with spring bouquets and small lamp favors. Mrs Ray Starry led the program while Frieda Schmickle assisted by Rev Otis Moore led devotions.
Cub Scouts of Den 4 Pack 58 enjoyed a Thursday afternoon at Mrs Tom Thompson's home with den mother Marl Caraway honoring Harry Fred Caraway and Tommy Thompson on their tenth birthdays. Guests received stick candy favors. prizes went to Larry Griswold Jack Dye and John Parker. Plans were made with Den Chief Robert Mitchell for a Monday hike.
To Celebrate Anniversary Mr and Mrs George B Gray 840 Fifth avenue observe the fiftieth anniversary of their marriage Tuesday Their daughters Mrs Armour Bush and Mrs Tuellan McGowan of Huntington Park California and Mrs Irving Drake of Marion will join for dinner at the Marion Golf club They were married at Springville Methodist church by Rev T M Vans Mr Gray a retired carpenter Their four grandchildren Clarence and Ferol Bush Richard Ware and Helen Drake live in California and Marion
A collage of small notices includes summer footwear at Benish Shoe Store, local garden notes about Rev Cart Erog’s gardenia, visits from Keota and Mason City residents, menu prices from Marion Sausage Co and Central Market, plus two softball scores at the league diamond.
Peoria Livestock market notes salable receipts around 200 cattle and 100 sheep with supply clearing early. Slaughter steers and heifers strong, better yearlings around 425 to 549 dollars, cows steady around 600 to 700, bulls up to 700, vealers steady. Sheep shows spring lambs steady with top around 10.75, ewes and wethers 10.00 to 10.59, buck lambs 8.50 to 9.50.
Miss VOR De Jong celebrated her daughter Betty Amy’s sixth birthday with an afternoon gathering at her home. Guests included Merlene Snight Janet Gordon Barbara Petrak Reyels Petrak Barbara Kellogg Alice Ann Engel Valera Hanson Molly Keith Jeannine Murray John De Jong and Frank D'lLouhy who recently retired and moved to Ottumwa from Marion.
Joseph J. Kolarik transfers to Anna Ze lenda Swanda a 2 acre portion of lot 27 irrigation survey section 9-83-7 for one dollar and gal. con 5-20-40.
The Church of the Brethren hosts the annual Brethren Young People conference in the East Iowa area at Fourth and Twelfth Streets SE. Rev D C Gnaps of Lindsay California opens Saturday with a talk on a Choice Philosophy of the Distrut Judge H C Ring addresses the young peoples banquet Saturday evening. Raymond Benee of Robins will be toastmaster Sunday. Rev Galen Lehman will deliver the sermon and speak at 2 p.m. on Youth mon Word at War. Topics include Young People Go to Camp and Go to College with a play The Only Day I Have to be shown Sunday at 7 30 p.m.
President Roosevelt at a press conference said he would be glad to discuss foreign affairs with Republican nominee Wendell Willkie. He joked about a broken elevator and noted he had been busy with other matters as reporters asked about possible talks and policy differences.
Sofia reports Bulgaria orders reservists to report in by personal decree as regulars are moved by train from the Turkish frontier toward the Romanian border, widening wartime security measures.
London reports the health ministry reviewing civilian evacuation strategies for military risk. Officials say evacuating large parts of the population from specific districts must be considered.
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