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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 19, 1939
Page
7
AP reports Friday hog prices dropped up to 25 cents as heavier hogs declined while cattle trading slowed. Fat lambs rose up to 25 cents with March receipts estimated at cattle 300 head hogs 200 sheep 500. Furnished by Lamson Brothers and Co. Cedar Rapids office listed.
U S Department of Agriculture market data shows hogs cattle and sheep receipts in Chicago and Omaha. Hogs mostly lower with lighter weights down and sows steady to lower. cattle steady to weak with vealers and yearlings mixed. sheep and lambs show slight declines and some firmness in top lots. Prices listed by weight and class for each market.
Hogs edged down by 5 to 15 cents at Ottumwa Mason City and Waterloo markets with price ranges listed for various weights. Cattle prices unchanged as activity remains slow. Austin market reports similar shifts with belts of 140 to 550 pound hogs and corresponding values.
Combined hog receipts at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am Friday totaled 27,700 head, up from 15,700 last week and 25,000 a year ago. Prices ranged by weight with barrows and gilts mostly 10 to 15 cents lower. 160-180 lbs at 6.30 to 6.80, 180-220 lbs 6.50 to 6.90, 220-250 lbs 6.40 to 6.80, 250-290 lbs 6.05 to 6.70, 290-350 lbs 5.70 to 6.35. Sows 275-350 lbs 5.45 to 5.80, 350-425 lbs 5.30 to 5.60, 425-550 lbs 5.10 to 5.50.
Sioux City market receipts show 500 salable cattle and 25 calves with a supply favoring small lot trucked in. Quality steers and yearlings run from medium to good with generally steady prices. scattered sales at 8.60 to 9.50 and small lots near 10.00, heifers little changed.
Medium to good offerings priced 8.00 79.00 with slaughter cows steady to weak. Medium to good kinds 6.50 to 7.00, cutter grades 4.75 to 5.75, bulls and vealers little changed. Hogs receipts 3,300 slow and steady to 10c lower. good and choice 180-250 lb butchers 6.50 to 6.70, packers at 6.65. Sheep receipts 100 slaughter classes steady. good fed wooled lambs 9.15 to 9.50, California springers 10.00, ewes 3.75 down.
Cattle receipts around 3,000 with steady to firm prices. Slaughter steers 8.50 to 9.25. good to top cows 6.00 to 7.25. calves around 2,000 head. Hogs receipts about 5,000 with barrows and gilts mostly lower. top 6.90 at 180 pounds. sows 5.50 to 5.65. pigs 7.00 to 7.50. Sheep receipts 500 with fully steady to strong openings. lambs 7.00 to 8.75, deck fed 9.00, spring lambs around 10.50.
A Friday market report shows hog prices slipping across all grades by ten cents. Top hog price drops to 6.75 while cattle prices largely hold. Details list numerous weight bands for good hogs and packers, plus various steer and yearling ranges.
Grain prices for Wheat No.1 67c No. New oats White No.2 26c No.3 33c Rye No.3 30 33c Barley No.3 28 39c shelled No.2 yellow 42c No.3c Soybeans No.2 yellow 85c Hay and straw prices Baled tame hay 7.00 Baled straw 5.00 Produce Butterfat sweet 22c No.1 cream 211c No.2 cream 19c Poultry prices Leghorns 8c Colored roosters 7c Leghorn roosters 6c Spec 15c No.1 12c Wholesale fruits vegetables Lemons 4.75 5.50 Oranges 3.30 3.85 Grapefruit 2.00 2.75 Onion 1.50 2.00 Cabbage 2.50 Carrots 3.00 Potatoes 1.00 1.85 Sweet potatoes 1.50 Strawberries 3.75 Hide market No.1 cured beef hides 5.5c No.2 cured beef hides 2c No.1 calf 12c No.2 calf 6.5c No.1 kip 6c No.2 kip 5.5c No.1 horse 2.75 No.2 horse 2.25
Friday stock quotations from J E Bennett Co list gains and losses across many firms. Notable names include International Nickel, Alcoa International Paper and Procter Gamble with varied percentage changes.
Chicago AP report lists live poultry receipts and prices for hens and broilers, butter and eggs steady with varied price ranges, potatoes arrivals and market tone described as moderate with steady to slightly firmer tendencies, including U S No 1 prices for Bliss Triumphs and Lone Whites and russet burbanks.
AP dispatch from New York notes butter receipts totaling 1 010 380 with firmer pricing. creamery and higher than extra grades at 23 34 to 24 2 34 cents, extra 92 score at 23 12 cents. Cheese receipts 268 343 steady with unchanged prices. Eggs receipts 17 511 firmer with mixed colors. standards at 18 18 3 4 cents, firsts 16 12 cents, seconds 16 cents, mediums 14 3 4 cents, dirties 9 15 cents.
Wisconsin cheese quotations for the week of May 15 to 20 list the Wisconsin Cheese Exchange prices: Twins 12 cents, daisies 12 1/2 cents, horns 12 1/2 cents, cheddars 12 cents. Farmers' call board repeats daisies 12 1/2 cents, horns 12 1/2 cents, cheddars 12 cents.
In New York the stock market saw selling dry up with motors and rubbers leading gains around a point. Fore noon activity rose then faded, five hour transfers about 400000 shares. Best prices softened at close as short covering and nibbling supported a firmer tone. U S government bonds declined after highs. Major gainers included Chrysler, General Motors, U S Rubber, Goodyear, Sears Roebuck, Douglas Aircraft, Du Pont, Westinghouse, Union Carbide, Eastman Kodak, Anaconda and Great Northern.
Wheat futures rose briefly on reports of crop damage in winter and spring wheat areas, with later profit taking as rain and cooler weather were forecast. May wheat around 79 53 to 79 54, corn up 4 1/2 cents, oats higher. cash wheat bids listed for No 3 red and other classes. Prices also noted for barley, soybeans, timothy seed, clover seed, lard, and bellies amid broad market activity.
Minneapolis AP notes Friday grain receipts of 208 cars, up from 75 last year. Wheat bids rise about 4 cents with No. 1 heavy dark northern 825 8334c and No. 1 dark northern 8154 833sc. Montana hard wheat near 14 percent protein at 85344 86%4c, winter 7734 7934c, amber durum 731 B3c. Corn No. 3 yellow 4678 48%ec, feeds 30'4 31%4c, Barley 304% 67c.
New York bond market moved fractionally higher in moderate trading as rail bonds led gains after the coal stoppage passed. Corporate bonds showed more strength while U S treasuries slipped from record highs. Notable advances included Illinois Central 4 94s New York Central 5s Southern Pacific 4 2s Brooklyn Union Gas 5s and others with foreign issues mixed.
Bond and stock values move slightly with rails and utilities edging up. The day features small gains across ind, RR, util, and stocks with notable totals around 78,600 and 122,300 in reported transactions.
Edward Boyd Sanford retires after a forty year career with the B. C. R. and N. and the North Western, ending May 15 at age 65. Born May 15, 1874 in Decorah, he held roles from switchman to yardmaster and served as local chairman of the Brotherhood of Railroad Trainmen from 1910 to 1925 and 1935 to retirement. He married Addie May Rinehart in 1908 and has a son, Dr. Boyd E. Sanford, an optometrist in Cedar Rapids. He is connected with Knights of Columbus for 35 years and has two railroad brothers, H. P. Sanford and W. P. Sanford.
Three women and four men face murder and manslaughter charges in an eastern mass murder ring case. New indictments name Agnes Mandiuk Josephine Romualdo Christina Cironne Cesare Valenti David Brandt Amedeo Muscelli and Ralph Polselli. Victims include poisoned husbands and a drowning cripple.
Rep. William B. Berry of New York asks House Un American Activities Committee chair Martin Dies to investigate the relationship between Mayor LaGuardia and his administration and communistic activities. Berry cites LaGuardia’s remarks during the Soviet Union pavilion dedication at the New York World’s Fair.
Funeral services for C. V. Chance, longtime Casper resident and recent Cedar Rapids arrival, will be held Saturday at 3 p.m. in the Moon chapel. Dr. William M. Evans will officiate and burial will be in Oak Hill cemetery.
One Day ad costs forty cents. Three Days ad costs sixty cents. Printing lines vary by size and duration. This listing outlines pricing for consecutive day advertisements in the publication.
U S Department of Agriculture graded territory wools received calls for sizable quantities in the Boston market Friday. Combing quarter blood territory wools showed strong demand at 54 to 56 cents on a secured basis, while three-eighths blood grade territory wools sold at 58 to 60 cents scoured. Low quarter blood territory wools moved at 52 to 54 cents scoured. Demand from users appeared to have risen for finer grades of territory wools in original bags.
A page of personal and shop notices lists Katz Jewelry and Loan and Ginsbergs selling fishing tackle and golf gear on easy terms. Podzimek Pharmacy and a delivery service advertise products and home service. There is a note about collecting past due accounts and a general reward notice from The Gazette for fraud via want ads.
A collage of ads lists Beauty Shop services with permanent prices from 1.95 up and machineless waves, plus multiple salons, operators, and addresses. It also promotes local dances and social gatherings at venues like Wapsie Moon, Heven's Dance Hall, and Old Heidelberg with dates and bands.
Washington AP The civil aeronautics authority grants Pan-American Airways permission to run transatlantic passenger mail and express service. Initial service: two round trips weekly, five required before passenger carriage, with southern route flights first. First flight from Baltimore slated for the Lindbergh anniversary.
Michigan Republican leaders led by Gov. Loren D. Dickinson and the full slate of elected officials formally endorsed United States Senator Arthur H. Vandenberg as Michigan's Republican nominee for the 1940 presidential race.
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