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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 23, 1937
Page
6
Tuesday receipts show hogs leading declines as top bids fell to $8, lowest since February. Cattle and feed prices mixed with wholesale pork steady, beef carcasses weaker, and a large but smaller-than-expected headcount pressure ahead of Thanksgiving. International and regional price quotes included from Waterloo and Mason City markets.
A dense misc text lists dairy and farm product prices in Cedar Rapids and surrounding markets including butterfat 40c, No 1 cream 30c, No 2 cream 35c, yellow corn 40c, shelled No 4 yellow 40c, oats and beans prices, plus straw bale values. Mississippi River stages at Dale Spirt show level readings with fall and rise figures across several dates.
Markets report firm receipts and steady supplies for butter, eggs, potatoes, and poultry in Chicago and New York. Prices show US No 1 and No 2 grades for potatoes, varied butter scores up to 93, and poultry items with seasonal demand shifts. Futures quotes from Peter Fox Sons list butter and cheese expectations, while New York shows mixed egg pricing and refrigerator packs.
Receipts and bids show cattle, hogs, and sheep trading unevenly across markets. Chicago reports steady to lower prices with strong feeders and slow killing. Omaha and St Paul reflect softer hogs and steady cattle, with buyers targeting mid to high grade steers and fat lambs holding near last week’s levels. Families and traders monitor bids for 140 to 235 pound hogs and 600 to 1200 pound cattle as packing demand fluctuates.
Hog prices hold steady to five cents lower on the local market. Packers leave prices unchanged as a broad drop occurs in all hog grades Monday. Top hog price reduces to 7.45, while cattle and calves fall. hides weaken. Wilson & Co hog market lists bulk hog pay scales by weight, with good hogs from 140 to 550 pounds priced in varied ranges. Cattle market shows prime and choice steer prices, yearlings, and cows with declines noted across categories. Lambs and sheep show quality-based pricing.
Wheat futures on the Chicago board of trade slipped as sentiment eased from Winnipeg and securities, with December at about 1.5 cents down and corn and oats also lower. Export demand slowed, world exports down 1 million bushels week over week, with restiment selling and minor losses amid moderate trade. Carlot receipts stood at 274 cars as Winnipeg and Rotterdam showed mixed movements and Australian Argentine crop talk waned. Frost-reduced wheat yield estimates ranged 185 to 195 million bushels from earlier 200 million projections.
Chicago grain quotations show mixed bids and closings for wheat oats rye and corn from Dec to May futures. Listings include Minneapolis and Winnipeg cash quotes and Chicago cash provisions for wheat corn oats rye barley and feed products with various bid prices and market terms.
Foreign exchange steady in New York with rates listed for Great Britain France Italy Belgium Denmark Norway Sweden Portugal Greece Poland Czechoslovakia Yugoslavia Austria Hungary Romania Argentina Brazil Japan Mexico Canada and others. Figures include denotations like 5002 for Britain 3494 for France and 2916 for Tokio with multiple country pairs and cross references.
New York markets opened weak as overall selling remained light yet prices slipped 1 to 4 points. Major fallers included U S Steel and other leaders pushing to new two year plus lows. Brokers cited weak demand and lingering recession signals despite minor buying support. Transfers ran about 1.6 million shares.
Wall Street quotations published by J E Bennett & Co show a dense listing of stocks across sectors. Notable names include Adams Expo Alaska Nickel International Nickel and numerous major firms such as International Paper Allied Chem Caterpillar Chrysler Ford and General Electric with varied price quotes and percent changes reflecting a busy trading session.
Raw sugar futures moved irregularly with March No 3 trading from 2.38 to 2.39 per pound. Refined sugar unchanged. Wool market in Boston showed limited demand from worsted manufacturers for Texans and French combing wools. Wools in bags listed around 75 cents scoured, few holders holding steady. some offers below 70 cents. no interest at higher asks.
Miss Elizabeth Jean Sloss and Burdette Hanna were married Sunday at the Collegiate Presbyterian church Ames in a small ceremony with family. Afterward a dinner at Sheldon Mann hotel, with attendees including Mary Helen Sloss and Edward Hanna. The couple plan home at East view farm north of Marion.
A collage of lost notices and service ads from a historic newspaper page. Items include a lost Irish setter puppy with reward, a yellow gold Benius wrist watch missing at Danceland, a missing Seattle man described as four years old with a liberal reward, and numerous business notices for watch cleaning, pawn shop services, transfers, dry goods, and various local ads.
At Brussels the nine-power conference closed with a formal statement expressing hope for peace in the Far East. The document offers a historical review of the crisis, contains no call for direct aid to China, and allows reconvocation if two powers request. Chinese delegate W K Wellington Koo said he was distressed and disappointed.
Bond markets showed a cautious, fractional swing Monday with gains and losses nearly even. U S government issues rose broadly, while corporate issues and rails moved unevenly awaiting Washington developments. Notable names like National Dairy, Studebaker, Bethlehem Steel and New York Central drove modest loan gains while others such as Missouri Pacific and Armour slipped.
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