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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 09, 1939
Page
17
Market notes show hogs down nine to ten cents amid Chicago trade. Official Wednesday estimates list cattle receipts at 9,000, hogs at 9,000, and sheep at 2,560 as Lamson Brothers reports from Cedar Rapids office.
Hogs receipts 12000 with prices mostly steady to 10 cents lower than Monday. Top hogs 7.20. 180-250 lb 6.95 7.15. 260-290 lb 6.75 7.00. 300-350 lb 6.40 6.70. 350-500 lb 5.50 6.00. Cattle receipts 7000 with calves 2000. undertone weak but steady for plain to good grades. steers to 12.00 plus, choice handyweights up to 13.25. Heifers steady to easy. bulls 7.40 down. Sheep receipts 17000. late fat lambs and springs steady to strong. clipped lambs top 9.75. bulk 9.40 9.50. wooled lambs 10.25 10.50. fat sheep scarce, steady.
U S Department of Agriculture reports receipts 4 000 cattle slow hogs steady to 5 cents lower with top around 6 70. Feeder and fed cattle values shown with yearlings cows bulls and vealers listed. Sheep receipts 7 300 with fat lambs steady bids from 10 00 to 11 00 and California spring lambs bidding up to 10 50 while shorn lambs fall to 4 25.
Across Ottumwa Waterloo Mason City hog prices show small shifts with 140-150 lb hogs around 5.60 to 5.90 dollars in Ottumwa and similar ranges in Waterloo and Mason City. Cattle hold steady with varied steers and yearlings, while packing sow prices edge lower in several weight bands.
U S Department of Agriculture figures show combined hog receipts at 20 Iowa yards and 10 packing plants in interior Iowa and southern Minnesota totaling 18 603 for the 24 hours ending Tuesday 8 am. This trails 22 200 the prior week but exceeds 17 100 a year earlier. Prices for barrows and gilts range from 5 90 to 6 90 per 100 pounds with variances by weight, while packing sow quotes run from 5 20 to 5 90 depending on weight class.
Austin Minnesota hog market reports price ranges for hogs across weights from 140 to 350 pounds with varied bids. Packing sows and large heavyweights are listed with per hundredweight figures in dollars.
Sioux City cattle receipts total 4 5066 with calves salable. beef steers and yearlings show fair activity and steady prices while fed heifers hold firm. Cows rise up to 25 cents, stockers and feeders little changed. Notable lots include 1170 lb beeves at 11.90 and 1290 lb steers at 11.00, bulk medium to good 9.55 to 10.00, several loads good light heifers at 8.75, all per hundredweight.
Bulk medium to good beef cows 6.50 to 7.25 per cwt with few high grade 7.75 8.00. Cutter grades 4.75 to 5.75. Odd lots medium light steers 7.75 to 8.25. Hogs: receipts 4,000 slow sales mostly 5c lower. 180-240 lb 6.60-6.70. 240-280 lb bid 6.25 to 6.60 by packers. Sows 5.50 to 5.65. Feeder pigs 6.75 to 7.00. Sheep receipts 2,600 scattered fat lambs steady at about 9.25. Native springers to 11.00. Good wooled skins around 10.00–10.25 and above 10.75. Ewes 3.75 to 4.00.
Salable receipts 3,500 cattle steady with priced ranges for stockers and feeders. hogs 7,500 receipts vary with top at 6.85 and pigs 7.00 to 7.75. Sheep 500 receipts show steady demand with clipped lambs up to 9.25 and ewes 3.00 to 4.00.
Local hog prices slipped five cents across all grades Tuesday, top at 6.75, while the cattle market remained unchanged. Calf market shows good to choice 140 to 190 pounds at about 8.50, with sheep and other livestock quoted per available data.
The stock market rose on Tuesday with leading shares advancing about three points in a day of about 700000 shares. The rally followed efforts by President Roosevelt to settle the coal strike and signs of a possible truce in war tensions abroad. Strong demand for U S government and foreign dollar loans supported most issues and several major companies posted gains.
A digest of Wall Street quotes shows Adams Express and numerous industrials and utilities in active trading. Large lists include International and American firms such as Allied Chem, General Electric, U S Steel, Coca Cola, Procter Gamble, and Ford with varied percentage changes and price levels across sectors.
A Cedar Rapids market list shows wheat No 1 64c No 2 62c No 3 28c, rye No 2 320 33, barley No 3 28c, shelled corn No 2 yellow 42c No 83c, soybeans No 2 yellow 84c. Hay straw prices, poultry prices, wholesale fruit vegetables with lemons oranges grapefruit celery lettuce onions cabbage carrots tomatoes new potatoes potatoes sweet potatoes and straw berries. Hide market prices list No 1 cured beef hides 6c No 2 5c No 1 calf 6c No 2 calf 6c No 1 kip 6c No 2 kip 5c horse prices 2.50 and 2.00 pony and glue hides at half price.
Poultry steady at 1712 cents for hens under 5 pounds with 45 trucks. Butter receipts 985.005 firm with multiple creamery grades and prices around 22 to 23 cents. Eggs receipts 35.479 steady with prices unchanged. Potatoes receipts 87 on track 350. U.S. No. 1 Idaho Russets mostly 1.45 with wide range. Wisconsin round whites 1.30. North Dakota cobblers 1.35. New stock firm with Louisiana Bliss Triumphs washed 2.25 and unwashed 2.00 2.05. Alabama Bliss Triumphs unwashed 2.00 2.05. California long whites 2.05-2.10 per cwt.
NY AP market bulletin shows Eggs receipts 43 885 steady mixed colors with varied prices for extra fancy to dirties. Butter receipts 1 304 754 firm creamery higher prices for all grades. Cheese receipts 561 197 quiet with price reads for whole milk flats and current makes.
Wheat futures rose on the Chicago Board of Trade as traders priced in potential crop damage in the southwest and harsh signals from Canadian and American spring wheat regions. May delivery climbed while corn and oats also advanced, supported by commission buying and export demand remaining steady.
No cash wheat sales. Corn prices for No. 2 mixed at 51 2c, No. 1 yellow at 52 0c. No. 1 white 58c, sample grade white 54 0c. Oats No. 2 white 35 1 36c, sample grade white 34 4 34c. Seed Timothy 2.85 3.15, red clover seed 13.00 17.00 nom., red top 9.25 9.75 nom. Lard tierces 6.62 nom., loose 5.92, bellies 7.75 nom.
AP report lists Tuesday receipts at 338 cars with year ago 39. Quotations higher by 13k. No. 1 heavy dark northern 80 percent 83c. No. 1 dark northern 80 82c. No. 1 hard Montana 14 percent protein 84 85c. No. 1 dark hard or No. 1 hard Montana winter 78 79c. hard amber durum No. 1 72 34c. No. 1 red durum 69 34c. Corn No. 3 yellow 45 327s8c. Oats No. 3 white 31 5c 327sc. Barley 30 66c.
Wisconsin cheese quotations for the week of May 8 to 13 list varieties at Plymouth with firm prices. Daisies horn and cheddar quotes appear as 11 2 1 1 2 cents per pound, reflecting market conditions observed by the Wisconsin cheese exchange and farmers' call board.
U S Agriculture reports Boston wool houses facing stronger demand for wools shipped directly from the country. Spot wools are slower, while new wools gain interest. French counting length fine territory original wools and 12 month Texas wools are priced at 65 cents scoured delivered. Mixed bright fleece wools show a rise with sales around 28 to 29 cents grease delivered to users.
U S government bonds rose to new high prices in light trading with a firm undertone across the market. Most active issues advanced about 1/8 to 3/16 of a point as holders sold little and buyers bid higher to meet demand. Corporate bonds gaining included St Paul 5s Southern Railway 4s Union of 32s Bethlehem Steel 728 while Italian loans rose up to 3 points.
Three men Edward Blatt Ossip Garber and Aaron Sharfin were given maximum two year sentences by U S Judge Henry W Goddard after a jury found them guilty of participating in a fraudulent passport ring. US Attorney John P Cahill said the passports were used by spies of an unidentified foreign power.
Miss Ruby Harton daughter of Mr and Mrs Robert Harton La Porte City and Arnold Buser son of Dr John R Buser were married Saturday at the First Presbyterian church manse in Waterloo by Rev H C Dierenfield. Attendants were Milne Goodwin Waterloo and Mrs C C Brana man Oelwein. The bride is class of 1933 and the groom class of 1931 La Porte City high school.
Walter A. Shupp county superintendent of schools was unanimously reelected to a three year term at a Linn county school district presidents meeting. He runs unopposed returning to the post after serving Troy Mills and holds a second county office term. Committee members and delegates totaled 37 of 39 present with Stover and Burr voting outcomes noted.
The Coe college ROTC unit completed its annual inspection on the new athletic field in front of the men's gym. The local corps held six consecutive excellent ratings and sought a seventh. Col. Raymond W. Briggs and Col. R. W. Dusenbury led the inspection with Dr. Harry M. Gage and Major Arthur W. Penrose accompanying them.
Iowa's first hostel will open in Mount Vernon on Saturday May 13 with groups from Anamosa Iowa City and Cedar Rapids attending the opening. The event coincides with Cornell College May festival and cyclists may join the weekend music programs. A Cedar Rapids group plans a bicycle trip to Mount Vernon Saturday afternoon with an overnight stay and return Sunday. Contact Miss Dorothea Fox at 20331 in the public library to arrange and reserve.
Local classified listings include numerous lost items such as five ten-dollar bills near Z C B J hall to Mallory St, brown leather briefcase, and a man’s pocketbook with rewards offered. Also notices for rummage sales, watches, jewelry, and services from merchants like Anderson Monuments Brady Mortuary and Katz Jewelry.
A collage of early 1950s personal ads and business notices lists Allied Van Lines services across states with Lynch Transfer as agent, and several beauty shops offering machine less and oil waves at bargain prices. Also shows Mother's Day specials, beauty schools, and salon managers promoting perms and hair styling across town.
A laundry service advertises in home washings with careful handling. The ad requests calls to Dial 3-1481 for washings and Dial 2-8110 for in home washing and delivery. A bushel size basket is mentioned for clothes or undergarments. Satisfaction is guaranteed and delivery is available upon request.
An advertisement offers painting and paper hanging with quick service, featuring Lloyd Freeman and a Sherwin Williams contact. It promises first class workmanship, reasonable prices, and includes multiple phone numbers for inquiries and work on wallpaper and painting.
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