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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 16, 1936
Page
13
Chicago AP reports Tuesday hog receipts reached 33 000, with total livestock 9 000 cattle and 7 000 sheep. Swine runs at 38 000 Monday mark the biggest since December 1934, guiding price declines of 10 to 15 cents from Friday’s high as wholesale pork markets show resilience against rising supplies.
U S Dept of Agriculture notes receipts for hogs 38 000 with 12 000 direct and prices 4 to 15 cents lower. top hog $9.65. Cattle receipts 20 000 Calves 3 000 with slow activity and steady prime yearlings. Sheep feeding lambs slow with bids around $8.75 to $9.15 and slaughter lambs $3.25 to $4.00 with limited demand.
Sioux City cattle receipts reached 7 500 with calves at 1 100. Beef steers and yearlings opened steady to weak as traders discussed lower prices on plainer steers and fatter cattle.
Combined hog receipts for 48 hours ending Monday at 8 am across 22 yards and 9 plants in interior Iowa and southern Minnesota totaled 62,900, up from 53,500 a week prior and 34,200 year ago. Prices varied by weight class with good to choice hogs and pigs quoted across multiple weights, while lighter and heavier categories showed different bids. Overall activity described as moderately active with prices generally easing.
Omara Livestock reports 18 000 hogs with 3 000 direct and gains to top 9 35. Heifers and calves steady to 50 cents lower with steers 9 00 to 11 75 and cows 4 00 to 4 75. Sheep receipts total 6 500 with lambs 25 cents lower and bulk price 8 00 to 8 25.
Hogs moved lower in Waterloo with the 140-150 lb range at 6.40 to 6.40 and up to 9.00 for the 325-350 lb class. Mason City reported light to good butchers and packer cattle prices in the 5.80 to 8.95 band, while Ottumwa showed declines of 5 to 15 cents across most weights, especially 140-160 lb and 180-200 lb ranges.
Hogs priced 10 cents lower across weights. 180-200 lb hogs at 8.35 to 8.85 dollars. 200-290 lb at 8.70 to 9.00. 290-325 lb at 8.60 to 8.90. 325-350 lb at 8.50 to 8.80. Packing sows 275-550 lb at 7.75 to 8.55 dollars.
Butter receipts firmer with creamery specials at 32 1/2 to 33 cents and extras around 32 cents. Eggs receipts 1,809 weaker with fresh graded firsts at about 32 cents. refrigerator standards 28 34 cents. Poultry steady with varied weights and breeds. dressed turkeys and ducks listed with several price points. Potatoes on track 396. U S shipments sum to 731. markets show liberal supplies and slow demand with multiple regional price ranges for Russets and other varieties.
New York AP reports steady to mixed egg receipts across grades with specials around 41 42 2 cents and standards near 38 41 cents. Butter firm with higher creamery prices and cheese at 19 1/2 cents. Live poultry weak with freight rates for rocks and leghorns quoted in cents per pound.
Butter futures closed with storage and refrigerator standards in November December and January contracts. Idaho Russell potato futures show January at 2.92 and March at 3.30.
Wheat futures fluctuated with December at 1.18 18, corn and oats higher, and rye at a season high. Early buying spurred by flour sales gave way to declines from Liverpool weakness, later offset by eastern buying amid Buenos Aires softness. Soybeans rose on cash market gains.
In Winnipeg on December contracts wheat prices show modest gains and slim moves across open high low and close figures. The December contract opens around 1.055 with a high of 1.0675 and closes near 1.0512 while July and May maturities display narrow fluctuations in late sessions.
Chicago market notes show cash wheat at 1.1654 to 1.23% oc for No 1 hard. Corn prices range from 1.04 for No 3 mixed to 1.09 for No 3 yellow kiln dried and 1.01 for No 4 yellow. Soybeans mix around 1.25 to 1.31 per bushel with various grades. Oats and barley listed with White oats at 46 to 47%4c, barley feed about 65 to 80 nominal, Timothy seed near 5.85, Clover seed 23 to 30 per cwt. Lard prices cited: tierces 11.75, loose 11.30, bells 15.75 per cwt.
Minneapolis cash grain market lists wheat prices across grades with declines and various weights. No. 1 heavy dark northern spring 60 lbs at 1.38 to 1.45. No. 1 dark northern spring 59 lbs 1.37 to 1.44. No. 1 hard Montana grades around 1.32 to 1.36. No. 1 red durum at 1.16 to 1.53. Corn No. 3 yellow at 1.09 to 1.10. No change in ungraded. Oats No. 3 white 42 to 44.
New York bond market gains with demand for convertible corporate issues and government debt. Studebaker 6s and Allis Chalmers 4s rise. Treasuries advance mid day with select rail and utility issues contributing modestly. Argentine 1971 loan eyed at $23.5 million with discount expected. market watchers weigh refinancing prospects for 1937.
U S bonds finished trading with Treasury 4s at 48 47-52, 4s at 44-54, 3s at 40-43 June, 46-49, and 3s at 51-55, quoted around 108 to 120.
The Boston wool market moved slowly on Ohio fleeces while quotations remained firm and mostly above last week’s highs. Several houses sold ahead on Ohio lots and paused new offers to catch up on grading as Missouri fleeces averaged 42 cents per pound including grease, with long staple grades delivered east.
Minneapolis market update reports flour in carload lots per barrel in 98 pound sacks at $7.00 to $7.20, patents unchanged, options with higher price. Shipments totalling 15,685. pure bran at $31.00 and standard middlings at $35.50, indicating price and volume for grain byproducts.
New York AP reports raw sugar unchanged at 3.70 spots and 3.62 for 1937 quota. Futures rose modestly with July at 2.71, about 1 to 2 points higher. Refined sugar steady at 4.80 for fine granulated.
Timoth y mix rail No 1 19420 No 2 1719 No 3 1214 truck 1618 1416 1012 clover rail 2910 1618 1214 oat and wheat straw rail 911 truck 89
New York stocks curved upward in Monday trading with gains around 2 points late in the day. Leaders included U S Steel Bethlehem Anaconda Kennecott Cerro de Pasco Phelps Dodge American Smelting General Motors Chrysler and others as analysts cited optimism and easing fears of European liquidation. Du Pont directors approved a year end $2 a share disbursement for GM shareholders. Mild gains persisted for American Telephone Consolidated Edison and several industrials despite an initial hesitant start.
Published stock list with numerous items from Adams Express to Walgreen. Notable entries include Alaska Juneau Inspiration Johns Manville Armour Hudson Motors and Anaconda Copper among others showing prices and percentages. The report covers multiple exchanges and reflects wide market activity in upper ranges and mid caps.
In Pittsburgh, University of Pittsburgh engineering and mines graduates show near full placement. Dean E. A. Holbrook reports 117 grads in June with 113 securing jobs, indicating nearly 100 percent employment for the class.
Hogs weakened on the local market with a 15 cent drop in good hogs on Monday bringing top price to 9.00. Good packers also fell by a dime.
Local Cedar Rapids market notes varied figures for grain, oats, corn and soybeans with No. 2 poultry quoted at four cents more than usual. Wholesale fruits and vegetables list oranges lemons potatoes and apples with prices per crate or bushel, plus hides and calf prices and horse hides including manes and tails in the mix.
The mixed currency list shows bids and quotes for 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, and cross rates between Montreal and New York. Nominal values appear for key pairings and travel dollars.
MIAMI Florida UP Pilot Art Williams lifted his plane at dawn on a return trip toward South America seeking the missing aviator Paul Redfern or evidence of his crash in jungle country. He serves as pilot for the British Guiana boundary commission and will lead a foot expedition into dense growth based on native reports.
In Branson Missouri a ballot printing error placed Republican Tom Keeler in the Democratic column for constable. Despite the mistake, Keeler and other Republicans won large majorities in a community that favored Republicans.
John Burr, 61, of Waterloo, was injured when his truck crashed with a car on highway 30 near Mechanicsville. The truck veered into a ditch after Burr tried to pass the car and cut back as another vehicle approached. Occupants of the car escaped unharmed. Burr was hospitalized in Cedar Rapids and expected to be released Monday.
Davenport AP reports Clark Crowe, 34, of Olin Iowa, was jailed for twenty days after arraignment before Police Magistrate John A. Hornby on a charge of false drawing of a check.
Henry R. DeMarah and wife convey to Leroy and Mary Elizabeth Wood as joint tenants with full rights to the entire property in fee simple. Transfer covers lot 14 with 25 feet on the west and plat 182 valued at $1 and value noted. Date 10 17 36.
The second grade at Emer son school led by Miss Helen Crane reports a one hundred percent completion in the dental correction program funded by the PTA dental hygiene committee. Donations from the Lions club Fidelis Circle Mary Low Dickinson Circle and the Mothers club support more than a hundred Marion students needing dental repair.
Retired farmer Charles F. Breneman's funeral took place Saturday at Yocom chapel with Rev. E. T. Gough of the Methodist church officiating. A quartet sang, pallbearers were Osceola lodge members, and burial followed at Highland Center near Ottumwa with several out of town mourners attending.
Miss Bernice Hilcrege and guests from the Wakisicket Camp Fire group attended a Friday misc shower hosted by Mrs. 3B. E. Beiber. Attendees included Lucile Barber Elsie Nelson Eleanor Nelson Freda Mary Smith Vivien Duede Helen Rasmussen Alice Carlberg and Mrs. Kenneth Hilerege with table decor in green yellow and white and green lily centerpiece.
The Rev. and Mrs. E. T. Gough hosted a Sunday tea with about eighty attendees from the Methodist church. Mrs. A. C. Sloss led at the door, and the church girls’ sextet sang two numbers while Eleanor Gough played a piano solo.
Arlene Guzzle was named president of the Jolly Dozen club at Mary Elizabeth Starry's home. Charlotte Smith is vice president, Starry secretary, Marilyn Hayes treasurer, and Betty Peck press correspondent. The group planned a picnic supper at Guzzle's home to mark the club's second anniversary.
A reader asks about the visible size of an advertisement expressed as options: two lines four lines six lines seven lines. The inquiry notes the ad length in printed layout and seeks clarification on the correct line count for spacing.
Family night at the Presbyterian church includes a 6:30 picnic supper followed by a religious service on Wednesday.
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