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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 12, 1936
Page
18
In Chicago on Wednesday, official livestock receipts showed cattle 8 000, hogs 14 000, sheep 10 000. Hog quotations slipped 10 to 25 cents from Monday with some 50 cent losses on light weights, top price 9.60 for choice medium but often 9.50. feeder and cattle prices also weakened as market activity stayed weak.
HCUSDA report shows hogs at 16 000 receipts with mostly 10 to 25 cents lower than Monday. top 9.60 and 170 to 250 lb range 9.25 to 9.50. Cattle receipts 6 000 with feeders weak, yearlings and light steers steady, heavy weights offered above 9.00, cows scarce and dull. Sheep and lambs 17 000 old crop weaker with early sales around 11.00 to 11.40, best above 10.50 and spring lambs steady to higher near 12.25.
AP reports U S Department of Agriculture livestock sales in Sioux City with cattle receipts about 3000 and hogs 4500 and sheep 4300. Cattle steady to weak with fat stock down. hogs mostly 25 cents lower. sheep steady to firm with best clipped lambs and ewes near 4.75.
U S Department of Agriculture releases combined hog receipts covering 20 concentration yards and 9 packing plants near Des Moines. The report consolidates totals across major processing facilities for market monitoring.
In interior Iowa and southern Minnesota for the 24 hours to 8 a.m. Tuesday prices eased 15 to 25 cents with spots down 30 cents amid slow trading. Hogs range from 7.85 to 9.25 per cwt across weights, sows weaker, cattle and calves uneven and hay prices steady to firm. In Omaha receipts total 6,500 hogs and 6,500 cattle with similar declines and mixed demand. Lambs steady to weak, spring lambs up to 11.50.
Water loo Hogs reports varied price drops across weight classes from 140 to 350 pounds with bids ranging roughly from 7.50 to 8.75 dollars. Mason City notes lighter hogs at 7.60 to 7.90 and packers up to 8.75. Ottumwa lists declines of 15 to 25 cents with multiple weight segments in the 7.30 to 9.05 range.
Austin Minnesota hog market lists prices by weight and grade. Hogs 180-220 pounds range 8.70 to 9.00 dollars, 220-250 pounds 8.65 to 9.95, 250-290 pounds 8.40 to 8.70, 290-350 pounds 8.10 to 8.40, packing sows 275-550 pounds 7.35 to 7.95 dollars.
CATTLE receipts 3,000 dull open with medium fed steers 6.00 to 6.75, good grade above 7.00, heifers 6.50 to 7.50, cows 4.50 to 5.25, bulls 4.50 to 5.00, stockers steady, calves 2,700 steady. hogs 7,000 active with prices 7.90 to 10.15 for various weights, sows 7.90 to 8.00, pigs scarce with some lots 9.00 to 9.25, average cost Monday 8.86 at 254 pounds. sheep 800 receipts, small salable supply, fed clipped lambs hold above 10.00, shorn undersides steady near 4.50.
Grain and produce prices listed in Cedar Rapids include wheat 90c, oats 24c, rye 45c, barley 45c, corn 45-48c per ear or shelled yellow 54-52c, soybeans 68c. Eggs browns 20c, whites 19c, wholesale fruits vegetables with oranges 3.65 to 4.35, lemons 0.66 to 0.76, potatoes 1.75 to 3.00, strawberries 4.75 per crate, grapes 3.00 per box, head lettuce 2.85 to 3.10, celery 3.50, cabbage 2.25, onions 0.90 to 2.25, pineapples 3.50 per crate. Cured hides prices listed for various grades and animals.
In New York the raw sugar price remained unchanged at 4 cents per pound and the spot value stood at 3.72 for immediate delivery. Futures edged higher with May up five points and March at 2.67, while refined sugar held at 5.00 for fine granulated.
Minneapolis AP reports flour prices down 10 cents per barrel for carload lots with family patents ranging from 6.25 to 6.45. Shipments totaled 16,898, with pure bran at 16.00 to 16.50 and standard middlings at 19.00 to 19.50.
In Boston the US Department of Agriculture reports moderate wool business as bidders hesitate above 80 cents scoured basis for average to good French combing length territory wools. Some movement occurs at that level, but many sellers stand firm at 82 to 83 cents or higher.
New York AP reports a compiled table of foreign exchange demands in cents for many nations and cities. Rates cover Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland and more with references to Montreal and Mexico City.
The Chicago board of trade saw heavy liquidation of May wheat contracts after an early firm session prompted by a bullish crop report. By closing, May wheat fell about 0.92, with corn steady to lower and oats easing as the market reflected bearish factors from the southwest and weaker hogs.
The Chicago market notes cash wheat with no sales. It lists prices for corn, rye, buckwheat, soybeans and barley for various grades and options. Also shows prices for oats seed and other grains with receiver notes and per hundredweight figures.
Wheat quotes show No 1 heavy dark northern spring and No 1 dark red durum pricing around $1.03 to $1.12 per bushel with various protein and delivery terms. No. 3 yellow corn and No. 3 white oats appear at modest declines and specific bid ranges reflect sparse trading.
Butter receipts 13 573 steady with creamery specials 93 score at 27 h extras 92 26c firsts 88 89 around 24 24a Egg receipts 36825 easy prices unchanged Poultry live 27 trucks steady to firm with hens 5 lbs and under 21 others varying by weight turkeys 16 22c ducks 15 wyndham White Rose potatoes on track track 335 total US shipments 550 new stock strong supplies light US No 1 Bliss Triumphs 2 90 Louisiana 3 wate 25 fair quality 2 60 Idaho Russet Burbanks 2 00 2 10 decay 1 90 Michigan Green Mountains 1 75 Wisconsin Round Whites 1 25 Minnesota Round Whites 1 25 North Dakota Red River cobblers decay 1 20 1 25
AP reporting from New York shows eggs receipts at 45 339 with varied colors and pack types. Butter receipts 16 700 with creamery firsts at 26 content scores and 27c bids, live poultry steady by freight with chickens broilers unquoted and turkeys 14 25c.
Chicago area price report notes butter futures closing under storage standards. Market commentary highlights November and future egg futures with refrigerator standards as context for trade.
A handful of bond issues advanced fractionally on Tuesday led by Brooklyn Edisons and Interborough Rapid Transit refunding 5s while other gaps showed limited activity. Government gilts faced slight losses, with overall quiet foreign markets and mixed carrier liens as investors rotated idle funds.
Near the end of trading the New York market showed light profit taking. Many issues were nearly unchanged as gains for U S Steel Bethlehem Chrysler General Motors American Can Allied Chemical du Pont Continental Can Standard Oil of New Jersey Western Union Montgomery Ward and American Smelting offset losses in utilities and rails. Domestic data were upbeat with car loadings around 680000 for the week ending May 9, a yearly high.
A compiled list of stock quotations published by J E Bennett & Co with numerous firms including Adams Express, International Harvester, Johns Manville, Kennecott Copper, Am Can, Kroger, Lehigh Valley, Am Tel and Tel, Mack Trucks, Magna Copper, North American Aviation, Owens-Illinois, Phillips Petroleum, Procter Gamble, Chrysler, Cities Service, Exxon, Union Carbide, Gen Elec and many others. The table covers percentages, prices, and related figures as of the publication date with numerous corporate tickers and values.
Hog prices continue lower on the local market with a 15 to 25 cent drop in various grades bringing the top down to 9.05. Local wheat prices show slight weakness while other local markets remain unchanged.
Poppy day will be observed in Cedar Rapids on Saturday May 23 with memorial poppies worn and distributed by the Hanford post unit of the American Legion auxiliary. Poppies made by disabled veterans will be sold by auxiliary workers and cooperating groups in the business district and outlying centers. Contributions aid disabled veterans and families of veterans.
Founders day observed by the Tennyson club at a Monday picnic luncheon hosted by Miss Emma Klein. Thirteen covers were laid. New member Mrs J H Stanaway welcomed. Officers elected include Mrs Arthur G Beckman president and Mrs Harold Phillips vice president. Delegates named to county federation with Mrs William Bleakley as alternate. May breakfast planned. Mrs Carol Johnston reviewed Anne Lindbergh North to the Orient.
Mrs. Andrew P. Munson presided at a May breakfast for the Ivanhoe club with sixteen members and guest Miss Louise Hathaway of Cedar Rapids. Guests sat at two tables with potted violets as centerpieces. Mrs. Paul Kruger led the program. Committee members were Mrs. Munson, Mrs. Glenn Kinser, and Mrs. Ralph Fitzgerald. Andrew P. Munson is in Hamilton, Illinois, on business.
The Kenaya Camp Fire group held a birthday party for assistant guardian Mary Booze at Mrs. W. H. Booze’s home. A picnic supper was served. Attendees included Betty Lockner Elaine Mitchell Betty Taylor Lois Booze Marian Spence Jane Helen Newlin Patricia Homan Bernice Hall Dorothy Hutton and guest Shirley Collins.
The Duchess of Kent attended her first public function of King Edward's reign with a new hair arrangement. Her curls were styled in two side rows curving upward to expose the ears and meeting four rows at the back, paired with pearl stud earrings and a small oval pill-box hat. The look, designed to complement the new hat, is gaining popularity.
The Second and Third divisions of the Ladies Aid society of the Presbyterian church will meet Thursday at 2 30 at the home of Mrs. W L Dye.
Dr. Harry Kremers of Coe College Cedar Rapids will headline the Oxford club of the Methodist church with a Sunday evening talk. His campus affiliation and hosting venue anchor the event.
Prairie Chapel will hold a mother and daughter banquet at the Linn County Home Friday evening. All women and girls of the Prairie Chapel neighborhood are invited. Speakers include Mrs. S. V. Williams of Wyoming, Mrs. Owen Turner, and Mrs. Clyde Scott.
The public is invited to a tea and handwork exhibit on Wednesday afternoon in the parlors of the Methodist church. Mrs A C Sloss and Mrs Phil Crew will pour.
Mrs Alexander George presents a spring luncheon menu for six with items including Sliced Tomatoes and Cucumbers French Dressing Chicken Loaf Creamy Sauce Buttered Asparagus and Pecan Wafers. The text also includes recipes for Creamy Sauce and a Pecans Cookies roll and hints of preparation steps and temperatures.
CHICAGO. A second annual Railroad Week observance will be held July 13 to 18. The call was issued by Harry G. Taylor, chairman of the Western Association of Railway Executives, signaling that the railroads are pushing on to new frontiers.
WAPELLO Ia Special to The Gazette A track meet for all high school classes will be held at the fair grounds Friday afternoon C A Bedford principal will act as official starter with Supt A R Morledge and C M Donaldson as judges C C Smith sponsor for freshmen T J Norwood for sophomores Alvie Natvig for juniors and Lloyd Haberichter for seniors
Charles F. Martin was re-elected county superintendent of schools for a fourth term at the Jackson County convention Tuesday morning.
A family picnic supper is set for Wednesday at 6 30 PM at the Marion Golf Club after the season s first ladies day. Golf will be in the afternoon and bridge tables will be arranged. Mothers of Oxford club Methodist church members were honored at a Sunday tea with about sixty attendees.
Miss Alice Stewart near Marion entertained friends Monday evening honoring Russell Hanson on his twenty first birthday. Games followed by refreshments were served to Mr and Mrs Ellwood Hammond Mr and Mrs Norman Hammond Willis Richardson Carrie Hanson Virgil Smith Leonard Barton and Alice Stewart.
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