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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 19, 1936
Page
16
Bullish factors fueled by resumed buying in dressed meat and tight hog supplies lift Chicago market. Receipts 12 000 hogs with 3 500 billed to packers, top hogs at 9 75. cattle activity slow with light steer and yearling sales steady. cows scarce and bids mixed. Iowa and Ottumwa hog prices show varied gains across regions.
Prices eased as new Winnipeg and Liverpool wheat laws took effect. May wheat fell to 92 1/2 cents, corn down 1 3/4 cents, oats off 3 cents, with traders liquidating May contracts near close. July and September futures recovered modestly amid light demand and spreading trades.
U S Department of Agriculture market summary shows hogs with 12,000 receipts including 3,500 direct and a fairly active, 10 cent higher trend. top hogs around 9. becomes for 260-280 lb range at 9.45. cattle receipts 8,500 with calves 2,500. fat steers slow but steady on lighter weights, vealers steady, bulls and heifers at mixed demand. sheep receipts 6,000 with lambs steady to strong and butcher stock varying. prices listed across weights and classes.
Cattle receipts 2,700 mostly steady trading. Good fed steers 7.50 to 8.00 per cwt, choice higher, medium down to sixth per cwt. fed heifers 6.25 to 7.39. common to medium 5.25 to 6.60. Bulk switcher cows 4.85 to 5.50 with few exceptions.
In Austin Minnesota market notes hogs and cattle prices listed by weight. Good choice hogs 180-230 pounds bring 9.00 to 9.30 a hundredweight, 220-250 pounds 8.90 to 9.20, 250-290 pounds 8.65 to 9.95, 290-350 pounds 8.35 to 8.65. Packing sows 275-550 pounds range 7.60 to 8.20.
HOG receipts total 44 500 with 104 to 15 cents higher. Prices range 170-230 lbs at 9.20 to 9.35, 230-270 lbs at 9.00 to 9.30, 270-340 lbs 8.65 to 9.10, 140-170 lbs 9.00 to 9.30, sows 8.25 to 8.50, pigs 8.75 to 9.15. CATTLE receipts 6 000, calves 2 000, steady to strong. steers and yearlings 7.25 to 8.25, heifers 6.75 to 8.00, cows 5.00 to 6.25, cutters 4.00 to 4.75, bulls 5.25 to 6.00, top vealers 9.00, odd head 9.50. SHEEP receipts 6 000, lambs 10 to 25 cents higher. ewes steady, clipped lambs 10.00 to 10.10, spring lambs up to 11.50.
Combined hog receipts for 24 hours ending 8 am Tuesday totaled 13,700 in interior Iowa and southern Minnesota, down from 20,100 last week and 8,200 a year ago. Prices rose 5 to 10 cents with gains for lighter and heavier classes. quotations list ranges from lightweight to packing weights with several price points across categories.
Sioux City AP reports cattle receipts 4,000 with yearlings steady and steers slow in a varied market. Hogs receipts 4,000 with gains 10 to 20 cents, top at 9.30. sheep receipts 2,000 with no early action and clipped lambs firm.
Local hog prices move higher with advances of five to fifteen cents across grades, pushing the top price to 9.35 dollars. Other nearby markets show no change.
Market brief with Chicago and Minneapolis quotes on wheat corn rye barley oats and soybeans. Includes May July and Sept futures, cash cereals, and prices from Wheat and Cash Provisions reports with notes on minneapolis and Winnipeg prices and commodity seed values.
Grain and produce prices include Wheat 90c, Oats 24c, Barley 300045 arley- i, No. 3 and No. 4 yellow corn, Soybeans Yellow 68c. Heavy hens 116c, under 4 lbs 14c, cocks 9c, hens 19c, eggs No. 1 17c No. 2 14c. Wholesale fruits and vegetables list oranges 3.65-4.50, lemons 7, potatoes 1.85-3.50, apples Winesap 1.85 box, bananas 4 ec, head lettuce 2.85-3.10, celery 4.00, cabbage 2.50, onions 0.90-2.25, strawberries 3.25-4.00 crate, pineapples 3.50 crate. Hides and livestock prices listed for various grades and animals.
New York bond trading turned lower as stock weakness spurred selling in a moderately active session. Equity conversion issues led losses among American Rolling Mill, Studebaker, Pure Oil, and other issues with warrants. Rail liens and a mixed U S government list followed with small declines, while the foreign sector showed restricted activity. Treasury issues closed with modest changes in price.
Market notes show cargo shipments totaling 21 541 and prices for commodities including pure bran at 14.50 to 15.00 per unit and standard bir at 17.50. The report cites family patents valued at 6 254.6 45 per barrel in 98 cotton sacks and mentions a carload lot activity.
The New York market fell 1 to 4 points Tuesday with dull trading as investors showed little buying interest. Major drags included J I Case Amerada International Harvester Westinghouse Allied Chemical American Can U S Industrial Alcohol and others amid weak signals from Monday.
The Marion American Legion and auxiliary outlined post and auxiliary events including a June 15 dinner dance at the Marion Golf Club, a July 24 Second district meeting, and Memorial Day ceremonies. Awards will be given at local schools, and a poppy sale and poster contest were announced along with meetings for veterans, Camp Fire girls, and other community groups.
Sugar markets show a modest uptick with futures up by one point while refined sugar remains unchanged. The report notes price stability in refined markets alongside a small gain in raw sugar futures.
The New York AP report lists cent demands for various currencies. Countries and cities include Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Jugoslavia Austria Hungary Roumania Argentina Brazil Tokio Shanghai Hongkong Mexico City Montreal in New York and New York in Montreal with respective nominal values.
The U S Beer Agriculture report notes most wools move in Boston market are for dealer accounts with mills largely out. Buyers hesitate at 82 to 83 cents scoured delivered for fine to blood average wools, some purchases around 85 cents. Asking prices show strength in medium grade bright wools.
Forty five Anamosa high school seniors and thirty Newhall seniors toured The Gazette plant on Tuesday. Anamosa group was led by Coach J W McLees and Class Sponsor Georgina White with Newhall supervision by Superintendent F H Thompson. The visitors also toured the Quaker Oats plant and enjoyed a Bever park picnic.
Judge H. C. Ring will deliver the commencement address at Dairy Dale School graduation Wednesday at 8 p.m. at the Dairy Dale community hall. Miss Lulu B. Secrist will present the diplomas.
The one-cent magenta stamp of British Guiana issued in 1856 is regarded by philatelists as the world’s most valuable stamp.
Butter receipts steady at 11 853 with unchanged prices. Eggs unsettled with 36 251 receipts and varied pricing. Poultry reports show live loads of 35 trucks and mixed hen weights with multiple breed prices. Potatoes on track 257 on arrival with California stock slightly weaker and strong undertone despite moderate supplies.
AP reports New York market data for eggs butter and live poultry receipts. Eggs show mixed colors special packs and standards with varied cents per dozen. Butter receipts and prices are unchanged while live poultry remains weak by freight with turkey quotes up 15 to 20 cents per unit.
Futures markets report butter prices closing with mixed movement. Grain and refrigeration standards noted, with references to storage and May contracts.
Mrs. C. R. Biddick hosts the Theristmal club at 7 30 with talks on Ohio and Favorite Poems by Mrs. George C. Oxley. club scrapbooks on display. Townsend club meets at 7 30 in Memorial hall featuring a box social and a debate.
The Ladies Aid society of the Methodist church meets in the church parlors Wednesday at 2 30 with the Sunshine division hosting. Women plan bridge tables at Marion Golf club and golf is played followed by a family night supper. Ada Mae Davis of Knox ville will be honor guest at a reception by Marion chapter 183 O E S at the Masonic temple Wednesday at 8 p m with a program and dancing.
Mothers of the Kenaya Camp Fire group enjoyed a Saturday tea at guardian Mrs. W H Boozes home with a playlet by Mary Booze Bernice Hall Virginia Fairley Marian Spence Betty Lockner Patricia Homan Jane Helen Newlin Betty Taylor Dorothy Hutton Lois Booze and Elaine Mitchell A program featured songs readings and talks on Mother's Day symbols and honors Also guests included Mrs R H Collins and her daughter Shirley and Mrs Fred Lang
The poppy committee meeting planned for this evening at the home of Mrs. W. H. Balster has been canceled.
In Wapello James Main, elderly father of Earl Main, was carried down a ladder from the second story when a gasoline stove exploded and fire destroyed the six room home. Family members fled in night clothing as flames spread. Most clothing and furnishings were lost. Damage was about 1200 dollars. Home had been rebuilt recently after a prior fire.
A 1,900 gallon oil tank exploded in the basement of the Monson Motor company plant in Decorah Tuesday morning. The blast tore a ten foot square hole in the floor and damaged the roof. one car was wrecked and proprietor Clinton Monson was bruised when hurled into the street.
A reader asks how many lines an advertisement should occupy in the classified column. The standard options show 2 to 6 lines for ad size selection.
Job listing for Jos Toman Florist with 15 years in design, address 320 3rd Ave. Lost items include a tan and white Toy Fox Terrier female, a small billfold with $18, a lady's gold Bulova wristwatch, a blue wool cap, a male tiger cat named Sooner, and keys on a key chain. Rewards offered. contact numbers provided.
The Gazette offers a $25 reward for information leading to the arrest and conviction of anyone using or answering Want Ads for immoral purposes or to obtain money under false pretenses through its ads. Also notes on whereabouts of Frank P. Gallagher, a 61-year-old with prior Iowa links, and various local notices and services.
Local beauty shops advertise services and prices including perms waves and end curls. Names include Mary Nell Beauty Shop Lillian Lucky Beauty Shop and La Vogue Beauty Shoppe with contact numbers and weekly specials. Also listed are Mary Nell Paramount Blog and Paris Academy of Beauty with a new location and phone number, offering scalp treatments.
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