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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 29, 1936
Page
13
Receipts and demand favor hogs in Chicago and across Iowa Minnesota with estimates for Monday showing hogs 16 000 cattle 12 000 sheep 9 000. Week outlook calls for 62 000 hogs with no market Saturday as Memorial day closings frame a tighter supply and firmer prices.
hog receipts 8000 with 5000 direct fairly active up to 10 cents higher. top 10.15. cattle receipts 1000 calves 500 market slow with steady to weak tone. best fed steers scarce, bulls and vealers down. sheep receipts 5000 with spring lambs weak to 25 cents lower and clipped lambs and yearlings near steady.
U S Department of Agriculture cattle receipts near 1000 with dull demand for stockers and feeders, best fed yearlings up to 7.75, most steers under 7.50, cows 5.50 down to 3.25. Hog receipts about 4000, prices up 10 to 15 cents, top hogs 9.75, 180-270 lb butchers 9.60 to 9.75, sows 8.75 to 8.85. Sheep receipts 300 with steady slaughter classes, lambs around 12.00 to 12.75, ewes to 4.00, breeding stock 5.75.
U S Department of Agriculture cattle receipts show 2 300 head at St Paul with slaughter steers steady and bulk prices 6 75 to 7 25 per cwt. Lighter top quality weights reach about 8 00 per cwt.
In Austin Minnesota the hog market rose by ten cents with good to choice 180-220 lb hogs priced at 9.30 to 9.60 per hundredweight. 220-250 lb hogs 9.25 to 9.50, 250-290 lb hogs 8.95 to 9.25, 290-350 lb hogs 8.65 to 8.95, and packing pigs 275-550 lb at 7.90 to 8.50.
US Dept Agriculture notes cattle receipts at 800, calves 100, hogs 4000 with higher bids, and sheep 6500 with lambs 25 to 50 cents lower. Steers 6.50 to 7.25, heifers 6.00 to 6.75, cows 4.75 to 5.25, vealers 9.00, lambs 11.00 to 11.50 heading lower.
Combined hog receipts at 20 yards and 9 plants in interior Iowa and southern Minnesota for the 24 hours to 8 am Friday reached 24 900 head, up from 20 800 a week ago and 23 100 a year ago. Prices rose modestly with most categories 5 to 10 cents higher than Thursday'sverages and occasional yards up to 20 cents.
Local hog prices rise on Friday with prime grades up 5 cents and good packers 10 cents higher. Top hog price hit $9.60 as the cattle market fell 25 cents while other local markets held steady.
The listing shows Wilsons paying for hogs by weight and quality with ranges from 150 to 550 lbs including Good hogs and Good packers. Cattle prices cover choice steers to common grades with weights from 1,100 lbs up and yearlings and heifers in multiple tiers. Calf and sheep markets list Good to choice calves and lambs with weight and quality notes.
Market list from Cedar Rapids shows wheat 86 88c, oats 19 21c, rye 42 45c, barley 30 45c. Corn ear corn 43 46c, shelled yellow 52 50c, soybeans 66c. Produce includes heavy hens 15c, cocks 9c, eggs 18c, oranges Valencias 4.50 4.75, grapefruits 4.00 4.50, lemons 7.75, potatoes 3.25 4.00, apples Winesap 1.85, bananas 4 8c, lettuce crate 2.85 3.10, celery 4.00, cabbage 2.00 2.15, onions 1.15 2.25, strawberries 4.25, pineapples 3.50. Cured hides prices listed for various grades and horse hides with a note on included manes and tails.
Sugar prices held steady in New York with spots at 3.72 and no sales reported. Futures rose by one point, refined sugar unchanged at 5.00 for fine granulated.
Flour prices rise 10 cents a barrel with carload shipments at 98 pound sacks. Patents range from 6.40 to 6.60 per barrel. Bran midlings and standard middlings listed at 13.00 to 17.50. Shipments recorded at 26,235 with sacks noted as cotton 98 pounds.
Prices steady on moderate sales of territory wool in Boston. Scoured basis for average to good French combing length fine territory wool in original bags quoted mostly 83 to 85 cents. Ohio fleeces priced around 35 to 36 cents grease basis with delaine and ½ blood grades at 37 to 38 cents.
Market notes show varied demands in cents for numerous currencies led by Argentina 33.20N and Belgium at 16.9112 while Tokyo 29.30 and Shanghai 30.00 mark mid ranges. Montreal in New York quoted 99.8435 with New York in Montreal 100,155 N nominal.
An average of more than one person per week is killed on railway grade crossings in Great Britain, highlighting ongoing safety risks at crossings and calls for improved preventive measures.
Short covering fed a rally on the Chicago Board of Trade as wheat futures closed higher with July at 8444 cents and December rallying on demand. Corn dipped amid holiday quiet while oats and rye held steady as traders awaited after planting runs and outside market cues.
Winnipeg market shows May to Oct wheat quotes with slight gains and losses amid futures trading. Chicago cash wheat and commodities prices list No 2 yellow soybeans, rye, barley, timothy and clover seeds, lard and bellies with precise bid asks and standard grades.
AP report from Minneapolis shows bid quotes for cash grain including No. 1 heavy dark spring 60 pounds at 1.07 to 1.21 per bushel, No. 1 dark northern 59 pounds at 1.05 to 1.20, and fancy No. 1 hard Montana with 14 percent protein at 1.08 to 1.10. May and July futures listed for contracts, with durum and red durum prices noted. Corn No. 3 yellow priced at 54 to 56 cents, oats No. 3 white at 22.78 to 23.75 cents per bushel.
Receipts and prices across butter eggs live poultry potatoes summarized for Chicago markets. Butter and eggs show steady receipts with varied grade prices. live poultry offers multiple weight classes and fowl types with mixed price points. potatoes on track with on track U S shipments and diverse regional prices across many varieties.
AP reports New York market receipts for butter at 12 269 with unsettled creamery firsts at 27 27%4c and centralized at 2742c, cheese receipts 104 914 firm with no price changes, eggs receipts 19 647 firm with mixed colors and special packs, live poultry prices slow with all freight unchanged.
Captain Francis Cretzmeyer at the University of Iowa won the Hawkeye Big Ten medal for scholarship and athletics. Ray Latham, from Cedar Falls, earned the Iowa athletic board cup as the other Hawkeye to exceed 72 points in a season.
Virtually all major U S exchanges will be closed Saturday in observance of Memorial Day. The notice applies to securities and commodity markets across the United States.
Wall Street advanced in a mixed session with steel and mining shares rising 1 to 3 points while rails and utilities lagged. Trading volume reached about 650000 shares as bonds and commodities stayed steady. gold prices remained narrow with the pound at 5 dollars, and the Holland bank rate climbed to 3 percent.
U S government bonds closed with Treasury 4%4s 47-52 at 117.26 and 4s 44-54 at 112.31. Treasury 3% 40-43 June at 108.21 and 43-47 at 108.14. Treasury 3%es 46-49 at 106.60 and 3s 51-55 at 104.20.
In a steady session bond loans, mainly mid and low price, edged higher with gains for Baltimore and Ohio 4s, Canadian Pacific debentures, St Paul 5s, Erie 5s, Missouri Pacific 5s, Northern Pacific 4s and Southern Pacific 4s. Government issues eased slightly as mild selling touched Treasury notes. Investment reserves rose by 1 billion for the week, easing concerns and supporting prices. corporate liens softened little and foreigns stayed quiet.
Chicago AP report notes butter storage standards with figures for November and June. mentions futures and price levels though text is garbled. Readers see references to storage and market timing without full details.
Marvin C. Batchelder of Marion and Marion E. Maynard of Des Moines, both 21, traveled from Iowa City to Moline to marry at 1 a.m. under Justice J. W. Niebling with Night Desk Sergeant Maurice Nelson and Policeman Charles Verheisel as witnesses. They returned to finish university exams.
A city council meeting heard a proposal to establish a municipal band or fund public band concerts in parks. The committee, including Joseph Kitchin and F C Jiruska, urged backing, while officials noted legality concerns and potential funding via a city levy if approved at a general election.
Mr and Mrs Hugh Phelps of 2126 Wilson avenue SW welcomed a son on May 28 at Mercy hospital. The birth adds a new member to the Phelps family.
Pauline Hays daughter of Lula Hays and William Simon son of A. and Mrs. Simon were married Tuesday at the couple’s new Center Point home by Rev. C. C. Miller. Attendants included Charles Murray and Agnes Simon with William Kershner.
Eldon Coffman a Cornell college athlete from Polo Illinois has been engaged as athletic coach at Marion high school to fill the vacancy created by Don Wolfe resigning to coach at McKinley high school in Cedar Rapids next year
C B Vernon Marion schools superintendent delivered a brief talk on the community role in child education during the sixty third annual commencement exercises. Sixty six students graduated with diplomas presented by A A Schenken while Delbert J Pugh highlighted individual student achievements.
Eighteen members and leaders Mary Michel and Mrs. Lucile Christianson met at Edith Hagerman's home. Activities included popover demonstration by Edith Hagerman, talks by Alice Stewart and Mary Michel, parliamentary drill by Ira Mae Burr Virginia Sloan and Pauline Blackford, a vocal solo by Carolyn Hagerman, and demonstration team Virginia Mae Rhinehart and Alice Stewart.
Memorial day services will be held at the city park Saturday with a procession from Memorial hall at 10 30 a m. Boy Scouts Camp Fire girls patriotic organizations and the city council will march to the park, led by a band. Harold E Davidson son of Clarinda will be the speaker.
Stores open tonight in Marion while many businesses close Saturday for Memorial Day. Miss Velma Leone Wolmutt wed John Coons at Decorah Methodist with families present. Linn County W C T U meeting attendees listed. Camp Fire and CCC news, visits, and local events across Marion including clubs, gardens, and church programs.
All Camp Fire girls are asked to meet Monday at 7 p.m. in the library to practice songs for the grand ceremonial at Thomas park on June 5. The Rev. William H. Bridwell, recently resigning from the Baptist church, has accepted a charge at Burnside near Fort Dodge. He will move there at once. Mr. and Mrs. Austin Case Thursday drove to Buhl Minnesota to visit friends. Miss Nelle Kempshall, teaching at Buhl, will return home with them.
Readable OCR shows four to six line fragments and a single figure 1.80. No clear event, names, places, or dates emerge, leaving only vague numeric and line-count references to a possible score or measurement.
Not enough readable facts to produce a valid summary.
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