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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 17, 1936
Page
23
Hog slaughter and receipts reached a two year high with 30 000 hogs and 36 000 head to buy. Prices showed strength as buyers bid up to 10 cents with top at 9 70. Cattle and sheep activity remained steadier while large immature hogs weight varied amid strong demand and steady wholesale pork prices.
Sioux City market data shows cattle receipts 3,500 with varied demand and prices from 10.75 to 11.85 for yearlings and cows around 3.15 to 4.50. Hogs at 7,500 receipts trade sluggish with best butchers around 9.25 and sows at 8.75. Sheep receipts 2,500 with undertone steady and fat lambs near 8.50, ewes at 3.75.
Hogs receipts 36 000 with 12 000 direct. Prices up to 9.70 top. most hogs 4 79 6 Preise. Cattle receipts 8 500 calves 2 000. Better grades steady to higher. steers and heifers limited activity. vealers steady to 5 50. Sheep receipts 7 000 fat lambs in demand. bids steady to higher. sheep firm. feeding lambs firm. native and fed lambs bid 9.00 to 9.25.
Hog price reports from Waterloo Mason City and Ottumwa show steady to five to ten cent changes. Notable ranges include 140 to 350 pounds with Good to choice grades commanding 5.90 to 9.05 per cwt, and packers’ weights up to 550 pounds showing varied bids.
Hogs steady in Austin Minnesota with price ranges for 180-200 pounds between 8.35 and 8.65 dollars, 200-290 pounds from 8.70 to 9.00, 290-350 pounds at 8.60 to 8.90, 325-350 pounds at 8.50 to 8.80, and packing sows 275-550 pounds from 7.75 to 8.55 dollars.
U S Department reports receipts in St Paul South St Paul and Des Moines with price ranges for cattle hogs and sheep. Cattle steady to mixed demand for steers heifers and stockers. hogs active with higher spots. sheep and lambs steady to higher with top lambs around eight dollars plus. Des Moines combined hog receipts show wide price spreads by weight class and steady to higher buying.
U S Department of Agriculture notes hogs receipts 9 500 steady to 10 cents lower top 9 25, weights 190 and under 170 190 9 15, 140 160 7 75 8 90, 100 140 6 00 8 25 sows 8 85 9 80. Cattle receipts 5 500 calves 700 steady to strong steers 9 00 11 75 heifers 8 00 9 35 cows 4 00 6 00 cutters 3 25 4 75 bulls 4 50 5 00 dealers 8 00 few 8 50.
Hogs show a small gain on the local market with all grades up by five cents. The top price climbs to 9.05. Corn trends slightly higher as other local markets stay steady.
The listing shows live hog prices by weight range from 140 to 500 pounds with quotes for good hogs and packers, plus truck hogs figures. Cattle prices include choice steers 900 pounds and up to 1,100 pounds, yearling steers, and cows, with ranges for good to medium quality and common stock.
Raw sugar holds at $3.65 spot and $3.62 for 1937 quota sugars. Futures list Nov $2.78 Jan $2.68 May $2.70, unchanged to higher. Refined refined granulated price remains $4.85 with no change.
Grain prices surged on the Chicago Board of Trade as soybeans jumped four cents a bushel the daily limit. Wheat advanced to a fresh crop year high while corn and oats posted gains, aided by strong cash demand and buying by commission houses and local traders.
Chicago cash grain and commodity prices showing No 2 hard wheat at 1.2254, No 4 mixed corn 1.072, No 2 yellow kiln dried soybeans 1.32124, No 1 yellow soybeans 1.32 with fractions, barley feed around 1.00 to 1.40, timothy seed 5.85 cwt, clover seed 23 to 30 cwt, and lard prices per tierce 11.80 and 11.37 with bel laise 16.12.
Minneapolis AP notes wheat receipts at 96 cars with prices down up to 14 cents for various grades including No 1 heavy dark northern spring and No 1 dark northern spring. No. 3 yellow corn bids at 1.241 to 1.132 and oats No. 3 white 4342 46 ac.
Prices of fine wools in Boston remained strong on Tuesday. Original fine territory wools sold at 94.95 cents per scoured pound, while graded fine Ohio fleeces brought 39 cents in the grease, with some houses holding at 40 cents.
Foreign exchange rates in cents for world currencies are shown with figures 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 N nominal.
Convertible industrial liens led gains in New York bonds with Allis Chalmers 4s up over six points early. Corporate issues rallied fractionally while medium-grade rails and carriers gained. U S government issues showed uneven moves with some Treasury losses and others up.
New York stocks rose fractions to over two points amid upbeat business news and higher dividends. Banks and rails led a broad rally with buyers active in morning trading. later activity slowed and some selling appeared near the close. Foreign purchases seen as safe, with Morgenthau signaling no curb for now.
The issue lists numerous stock quotations from Wall Street and Chicago markets, including Adams Express and International Paper among others, with prices and percent changes. A wage hearing for the Eleventh street and Eighth avenue post office project continued, led by Harold Clements from Washington and assisted by local stenographer Miss Elizabeth Sloss.
Grain and produce in Cedar Rapids show varied pricing from wheat at 1.12 1.15 to corn at 814 94c per bushel. Hay and straw list baled hay 11.00 and straw 6.00. Fruits and vegetables include oranges 4.00 5.50, lemons 7.00 8.25, potatoes 2.60, cabbage 2 2, apples Jonathan 1.75 1.85 bushel, cranberries 4.20 4.50 box, and celery 2.50. Hides and cattle products priced by type with several grade differences.
Hay and straw markets show little change in Chicago with marsh hay at 8.14 by rail and 8.11 by truck. The report notes general stability in hay and straw prices across transport modes.
Marion post 298 American Legion and its auxiliary held a large meeting with 150 attending a picnic supper. Members learned the 136 total membership against a 115 quota and organized committees for a December football banquet and Goodfellows Christmas baskets. Additional reports covered welfare and dental programs, district meeting notes, and plans for Armistice and Navy Day observances plus a Christmas party.
Produce markets in Chicago show steady receipts and unchanged prices across butter eggs poultry and turkeys. Idaho Russet Burbanks Washington and Wisconsin potato quotes listed with varied No 1 and No 2 prices and free from cuts. New York reports mixed egg colors firmer butter and quiet cheese, live poultry prices largely unchanged by freight.
Chicago butter futures closed with storage standards Nov 31%c Dec 31%ac and Jan 31%c. Egg futures Refrigerator standards Nov 28%c Dec 29%sc and Jan. Potato futures Idaho Russell Jan 2.98 March 3.38.
Mrs. W R Barber reviewed Edna Ferber Come and Get It at Michel tea room with Mrs. Max Voris as hostess. Plans were made for Thanksgiving baskets and delegates chosen for Cedar Rapids federation. Various club and church events, meetings, and social visits noted including honors for Lucile Elson and Bernice Hilerege, and a silver tea at the Congregational church.
A compact listing shows ad line counts and prices across four line options. It lists unit costs for lengths from four to seven lines with a three day duration and corresponding totals.
A Cedar Rapids evangelistic meeting hosts Rev. V. C. Smith and Rev. W. Mathis with E. D. Wells family and others. Nina Lundy visits Marion from Little Rock while Lundy relatives gather in Davenport for Sunday dinner. Handicraft club No. 2 meets Friday at 1 30 p m with Thanksgiving rescheduled. Loggerhead school pupils present a program and social Saturday at 8 p m.
Miscellaneous classified notices describe watch repairs and ads for asthmatic relief, jewelry buyers, perms, and services. Includes caution to readers about honest dealings and several local shop references and phone numbers.
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