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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 24, 1936
Page
26
Cattle 11 000 hogs 35 000 sheep 10 000 receipts recorded Wednesday. Hog prices rose to 9.85 with lighter weights weaker. cows and sheep held steady to firm. Traders cited improved pork demand and packers’ accumulation ahead of a holiday and potential handlers’ strike as factors.
U S Dept of Agriculture reports in Chicago hogs receipts at 39 000 with 12 000 direct demand fairly active for weights 210 to 275 pounds and top at 9 85. Light weights weaker. Cattle receipts 14 000 with calves 1 500 and steady to firm action in fed steers and yearlings. Sheep receipts 9 000 with fat lambs slow and bids steady. Sioux City line shows cattle receipts 4 000 calves.
Beef steers and yearlings slow and steady with scarce stockers and feeders. Prices shown: 1060 lb yearlings 11.75, beeves 11.50, up to 11.00, short fees 9.50, heavy heifers 10.00, cows 4.00 to 5.00, cutters 3.25 to 3.75, 600 lb stock steers 7.50, stocker and feeder ranges 3.75 to 8.00. Hog receipts 9,500 with bids 10 to 15 cents lower for most packers, 180 lb plus 9.15, sows higher at 9.00 to 9.15, feeder pigs to 7.50. Sheep receipts 4,000, fat lambs around 8.75, ewes 2.75 to 4.00, feeders slow.
U S Department of Agriculture reports 34 000 hogs combined from 22 yards and 9 plants in interior Iowa and southern Minnesota for 24 hours to 8 a.m. Tuesday. Prices mostly steady to mixed with weekly comparisons. various weight ranges quoted from 6.50 to 9.00 per cwt. Undercurrent says buyers active and supply liberal.
Live hog prices vary by weight and market in Waterloo Ottumwa and Mason City reports. Prices range roughly from 6 to 9 dollars per cwt with adjustments of five cents here and there.
AP market notes show hog prices in Austin Minnesota with 180 to 200 pound hogs at 8.50 to 8.80 dollars per hundredweight and 200 to 290 pounds at 8.85 to 9.15 dollars. 290 to 325 pounds at 8.75 to 9.05 and 325 to 350 pounds at 8.65 dollars. Packing sows 275 to 550 pounds quoted at 7.90 to 8.70 dollars per hundredweight.
AP type market summary shows hog receipts around 13 000 steady to 10 c higher with top at 9.35 and various weight brackets. Cattle receipts about 6 500 calves 1 000 steady to strong with steers 9.00 to 11.65, heifers 8.50 to 10.60, cows 4.25 to 6.50, vealers up to 8.50. Sheep receipts 9 000 lambs weak with native and fed wooled lambs down from 8.75.
AP market roundup from South St. Paul shows CATTLE receipts 2,500 with slaughters slow and grades mixed, HOGS receipts 14,500 mostly steady with Monday gains, and SHEEP receipts 4,500 noting firm undertone. Prices listed for steers heifers cows bulls feeders and pigs across weight classes.
Local market hog prices hold at 9.15 with no grade changes. Cattle stay steady while oats and soybeans edge higher. Poultry weakens and hides rise slightly.
Market notes show calf prices in the 140 to 190 pound range. Sheep and lamb values listed with lambs at 7.50 to 8.00 per pound by weight and quality. Cattle section lists choice steers 1,100 pounds and up at 9.50 to 10.50, 1,000 to 1,100 pounds at 10.00 to 11.00, and other grades from 5 to 9.50 depending on weight and condition.
New York AP bulletin shows nominal cent-based exchange figures. It lists Great Britain 489, France 4.6558, Germany 40.25, Holland 54.21, Japan 28.62, Shanghai 29.75, Hongkong 30.55, New York in Montreal 99.843, Montreal in New York 100.1553, with many other currencies and rates noted as unquoted or varying by locale.
A historical notice notes the Bank of England began an active operation in January 1695. The record highlights the establishment’s early financial activities and its role in circulating currency during that period.
Wheat and other grain futures rose on the Chicago market amid dull trading. Dec wheat at 1.17 and May corn 98.14 cents, with oats down and soybeans nearly unchanged. Local buying by professionals supported prices despite early declines from easy Wheat markets abroad.
Chicago cash provisions show wheat and corn prices with No 2 red at 1.214 4, No 2 hard 1.241 4, corn No 4 mixed 1.01, No 3 yellow 1.05 1.05 2, oats No 1 white 48 4 8 49c, soybeans No 2 yellow 1.3254 1.34, barley feed 60-68c. Minneapolis quotes list wheat receipts and varied grades with No 1 heavy dark northern spring around 1.36 1.43 2, corn No 3 yellow 1.08 4 1.081 2, oats No 3 white 43 1 54 46 1/4c.
A Cedar Rapids listing shows mixed commodity prices including grain futures and wholesale fruits and vegetables. Wheat ranges 1.12 to 1.15 per bushel, corn around 83 to 95 cents, soybeans 1.18, hay and straw prices, assorted poultry, fruits, vegetables, and cured hides with numerous per unit figures.
Sugar firm at 3.70 for spots and 3.80 for 1937 quota. Futures March 2.86 and Sept 2.92, up 3 to 4 points. Refined unchanged at 4.80 for fine granulated. A hen egg hatched in an iced-freezer incident at the home of Arthur Gentry in Chilli cothe Tex.
Slightly brighter foreign skies and evidence of domestic business gains spurred a fractional to multi point rise in early trading. Volume was moderate and gains narrowed later, with 1.8 million shares traded. Downticks appeared in copper oils and utilities as Lows and highs shifted among major names including U S Steel Bethlehem Crucible Republic Steel Montgomery Ward Sears Roebuck Woolworth Macy Safeway General Motors Chrysler Douglas Boeing United Aircraft Curtiss Wright A American Telephone Western Union and others, Loews rose about 2 while RKO fell after reorganizsation plan filing.
A dense OCR list shows securities and prices for Adams Express, Central, International Harvester, Allied Chem, International Paper, Allis Chalmers, Johns Manville, Amn Can, Kayser Julius, Kennecott, Monsanto, Atlantic Refining, Park Utah, Caterpillar, Studebaker, United Fruit, Phelps Dodge, Phillips Petroleum, Ford London, CrM etc. The page catalogs bid quotes across railroads, steel, oils, chemicals, machinery, and consumer goods with myriad decimals and fractions.
River stage readings for Davenport and nearby towns show slight changes. Crosse and Prairie du Chien report small rises while Dubuque and Davenport remain near steady, with minor adjustments noted and a general fall observed in the system.
Linn chapter No. 900 of DeMolay will convene Friday with six candidates taking initiatory degree at 3 p.m. The DeMolay degree will follow by Cedar Rapids and Marion past masters. Fred Witousek of Cedar Rapids will present a talk. A 6:30 banquet precedes fellowship hour. 150 guests from Marion Belle Plaine and Cedar Rapids expected.
The Ivanhoe club held Book Week Monday at Mrs. Paul Kruger’s home with Mrs. Donald Wolfe in charge and reviewing Yen and Zen. Plans were made for a Christmas party at Mrs. Andrew P. Munsen’s home. Refreshments and program committees were named with Mrs. A W Savage, Mrs. W B Carpenter, Mrs. A E Miller on refreshment duties and Mrs. John B Fosdick, Mrs. E C Ainley, Mrs. Franklin Kemp on the program committee.
Mrs. W D Stillion to entertain the Dry Creek Agriculture and Literary club with a basket dinner on Thanksgiving day at the American Legion hall. The annual football banquet moved to December 8 at Marion High School gym with speakers from Iowa State College Ames and a table for alumnae. Foile Bakery advertises Thanksgiving baked goods with specials and preorders. Handcraft club No 1 meets Friday at 1 30 p m with Mrs Louis Mekota leading. Mrs Fred Lutz hosts guests from Storm Lake at P F Schultz and Arthur Newman homes.
Receipts show firm butter and egg markets with creamery and firsts levels advancing. Poultry supplies steady to firm with various weights and breeds quoted, while potatoes on track remain firm with U.S. and regional price spreads noted.
New York bonds closed with firmer sentiment as corporate liens received better support. Some industrial convertibles rebounded after steep declines, while Chesapeake Corp. fell over 3 points amid news of O. P. Van Sweringen’s death. U S government bonds edged lower on treasury financing and reserve questions.
The name America first referred to central Brazil. Mercator, a geographer, first applied it to the whole known western world in 1541.
Advertising rates and submission rules for Want Ads and publication deadlines. notices warn about improper use of ads, caution readers in transportation arrangements, and promote quick relief products and services from local merchants and clinics.
Classifieds highlight gifts and services from Comen's cases to E A Kriz & Son and Allied Van Lines. Barber shop haircuts, Griffith Feather Mattress cleaning, pocket watches and mirrors, a knits shop, and hats rebuilt by Ted the Hatter appear among the offerings.
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