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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 19, 1936
Page
2
Cattle market gains led by lower receipts on Monday with prices rising to new seasonal peaks. Steers and yearlings advanced 25 to 50 cents, top for yearlings at 10.50, steers to 10.40. Northwestern grassers up 25 cents, other livestock broadly higher. Wholesale beef and pork prices largely unchanged. dressed beef and veal, lamb, and pork show declines from a year ago.
Hog receipts reach 2000 with 7000 direct sales. prices fall 10 cents. Top hogs at 10.20, most weights 9.85 to 10.15. Cattle receipts 18000. fed steers and yearlings rise 25 to 50 cents, top 10.50 for yearlings, steers around 10.40. Sheep receipts 22000. fat lambs slow, natives 8.75 to 9.00, westerns to 9.00, bulk slaughter lambs 2.75 to 3.50 per cwt, feeding lambs strong.
Cattle receipts 15 000 with feedlot demand steady to higher for select grades and grassers. prices range from 3.50 to 9.50 for steers, heifers up to 6.50, cows 3.00 to 5.25, bulls 4.00 to 5.00. OGS receipts 14 500 unevenly steady to 10c lower. top 9.65 for 220 240 lb cattle. sows 8.15 to 8.95. feeders weak. Sheep receipts 40 000 with feeders 58 63 lb lambs steady to higher, fat lambs 8.75 to 9.00, no early slaughter sales. undertone steady to weak for slaughter ewes.
Hog prices ease with tops around 9.90 for 250 Ibs, 9.50 to 9.60 for 166-190 Ibs. Pigs range 6.00 to 8.25, sows up to 9.10. Cattle receipts total 12 500 with steerage and yearlings 8.25 to 9.60, heifers 8.25 to 9.00, cows 4.25 to 6.00, cutters 3.25 to 4.40, bulls 4.50 to 5.25. top dealers 7.50. Sheep receipts 15 000 with native lambs 8.75 to 9.00 and higher, lambs 25 to 35 cents lower.
Sioux City cattle receipts totaled 8 500 with slaughter steers and yearlings fairly active and prices mostly 15 to 25 cents higher. Fed heifers scarce, beef cows steady, cutter grades firm, stockers and feeders 25 cents higher, 1060 lb yearlings around 10 dollars, few loads better grades near 9 40, light weight heifers about 8 50, beef cows mostly 4 00 to 4 75, westerns 5 00 and up, cutter grades 3 25 to 4 00, load lots noted.
Receipts at 34 100 and 6 500 head for hogs and sheep show price ranges with steady to 10c lower tone. Feeder and slaughter weights listed for 140-550 lb animals. sow, butcher and light weight categories noted with bids from 6.95 to 9.70 for various lots.
The Associated Press reports hog price ranges across Iowa regions. Waterloo quotes 140-150 lb good to choice hogs at 6.55 to 7.45 dollars. 190-200 lb hogs 8.95 to 9.25. packing sows 275-350 lb at 9.40 to 9.70. Ottumwa and Mason City show similar steady or slight declines with varied weight brackets.
Austin Minnesota hog market remains steady with good to choice 180 lb class at 8.60 to 8.90 dollars. 200 to 270 lb pigs fetch 9.00 to 9.30 dollars and 270 to 290 lb hogs bring 8.90 to 9.20 dollars. 290 to 325 lb hogs 9.10 and 325 to 350 lb at around 8.80 to 8.95 dollars. Seasons strong 275 to 550 lb hogs at 7.15 to 8.00 dollars.
Hog prices slipped five to ten cents across grades on Monday with tops near 9.60. Cattle and grain markets held steady with no change in the latest trading.
Market notes show bids for calves and lambs with weights and price ranges. Cattle classes include choice steers 1100 lbs up to 9.00, medium to good steers 1000-1100 lbs 7.25-8.25, yearlings 900-1000 lbs 7.25-9.00, and dry lot cows 4.75-5.50 with grass cows and canners priced alongside.
Grain prices for Wheat Oats Rye Barley Corn and Soybeans along with hay straw poultry eggs and wholesale fruits vegetables and meats listed for Cedar Rapids. Prices include yellow corn 1.02 to 0.88. soybeans 1.08. oranges lemons potatoes and baskets of lettuce celery cabbage onions grapes apples cranberries sweet potatoes and cured hides with various unit costs.
Demand for rail bonds supported prices around the recovery peak as investors bet on traffic and earnings growth for distressed lines. Gains spread across multiple issues including Santa Fe 4s, Baltimore and Ohio 4 4s, St. Paul 5s, Rock Island 4s, Nickel Plate 4s, Southern Railway 4s, and Union Pacific 4s, with utilities and Treasury loans showing modest movement.
Weakness in foreign markets set the pace for wheat futures on the Chicago board of trade. By midday prices declined on liquidation and stop loss selling, then steadied to near close as trading quieted. Export sales were light and domestic demand muted.
Michigan clearest markets show Chicago cash provisions with listed prices for wheat corn oats rye soybeans barley and seeds and Minneapolis cash grain with receipts and varied bid prices for No 1 heavy dark northern spring No 1 dark northern and No 1 hard Montana among others and notes on protein content and prices. The report names Lamson Brothers company and H R Mowrey as Chicago outlets with Cedar Rapids and Minneapolis AP datelines and details grain quality grades and market movements.
New York foreign exchange quotes show varied rates for many currencies including Britain France and Germany. In Boston the wool market remained firm though sales were slow as mills may soon increase raw wool demand backed by firmer goods prices.
The record lists several hay and straw lots with prices in Chicago. Items include Timothy mixed rail Nos 1 to 3 with prices 17, 19, and 12 dollars respectively. truck and clover rail prices vary from 10 to 16 dollars.
AP dispatch from Minneapolis notes flour market moves on carload lots per barrel in 98 pound cotton sacks. Family patents priced 19 cents lower at 7.20 to 7.40 per barrel, Standard patents down 15 cents to 6.85 to 7.05. Shipments total 21 764 with pure bran 26.50 to 27.00 and Standard middlings 31.50 to 32.50.
Chicago AP markets recap Butter Receipts 11 708 unsettled pricing for creamery specials extras firsts and standards. Eggs Receipts 4281 steady values for local extra firsts cars fresh graded firsts current receipts refrigerator standards and extras. Poultry Receipts one car 23 trucks steady prices across hens leghorn springs Plymouth White Rock colored roosters hens turkeys and ducks with varied cents per pound. Potatoes Receipts 167 on track U S shipments weekend demand strong for northern stock Idaho Russell Burbanks McClures U S No 1 2 2 40 per cwt with regional prices noted
Butter receipts 10 673 steady with creamery higher. Cheese receipts 115 788 state whole milk flats fresh fancy. Eggs receipts 8 704 mixed colors standards firsts and seconds listed with price ranges. Live poultry prices steady by freight with Rocks Leghorn turkeys ducks and roosters quoted by type.
Oil, copper, rail and specialty stocks trend upward with several names touching new five year highs as volume thins after a brisk opening. The article notes a 1.7 point expected dip in steel mill activity, capacity at 74.2 percent vs 51.8 a year ago, and about 2,000,000 shares changing hands with mixed bond and currency activity. Prominent gainers include Atlantic Refining, Standard Oil of N J, Seaboard Oil, Skelly Oil, Anaconda, Cerro de Pasco, U S Smelting, Santa Fe, Northern Pacific, U S Steel, Oliver Farm, Johns Manville, Canada Dry, Crown Cork, Hudson Motors, along with Paramount Pictures, Studebaker, Packard and Standard Brands. General Motors, Bethlehem, McClellan Stores, Deere, General Electric, Goodyear, N Y Central, Pennsylvan ia, Consolidated Edison, North American and American Telephone show small advances while Du Pont, American Can, Chrysler, Sears Roebuck, International Harvester and Schenley lag.
Financial listings show Adams Express and many stocks with price quotes and percentage changes led by Central and Rumely. Names include Alaska Juneau, International Paper, Allied Chem and Kroger with varied gains and declines across sectors.
Republican candidate Berry F. Halden of Chariton will address a Marion rally Tuesday at 8 p.m. at the Garden theater. A radio broadcast of Verne Marshall of The Gazette will follow at 9 30 p.m. from station WHO.
The Kenaya Camp Fire group hosted a chicken supper for Betty Lockner’s eleventh birthday with pink and white decor on the cake and napkins. Attendees included Betty Taylor Elaine Mitchell Bernice Hall Marion Spence Lois Booze Virginia Fairley Ethel Mae Cook Beverly Nedrow Mrs W H Booze Miss Mary Booze guardians Mrs Lockner and her daughters Eleanor and Betty.
Mr and Mrs H B Christian from Miles City Mont arrived in Marion Friday and travel plans take them to Savanna Ill Chicago and Minneapolis Guests at a Sun picnic at William Wittenberg Marengo marked Beatrice birthday with Lyle Elmer Kuch Ella Mae Betty Shirley Ann Martha Ford Wittenberg Ernie Hall and others of Watkins Marion Montezuma and Kath leen Waline Eleanor Schofield led the event
The Hopeful Workers 4 H club observed achievement day at Merle Albaugh's home with nine members and eight guests. Various talks, demonstrations and a meal planning program followed, and upcoming meetings and social events were announced.
Ameigo club members will be entertained at a luncheon Tuesday at the home of Mrs. Ed Sigfred. Mrs. A E Crew will be in charge of the program. The Chatterbox Bridge club meets Tuesday at 1 45 p m at the home of Mrs. W A Jackson.
Mr and Mrs Earle Edwards receive farewell gatherings around town as they prepare to move to Perry while on a Florida trip. Det ail events include a Delta Delt Bridge dinner at Mrs James Pringle s home and a picnic supper hosted by the Biddicks.
Luther College in Decorah received gifts totaling over $50 000 as more than 3000 people attended the college’s diamond jubilee celebration on Sunday.
The Gazette details ad sizes and pricing with multiple rate tiers for three line and extended inserts. The notice states the paper will not be responsible for more than one incorrect insertion and provides a contact line for ad takers.
Marie Perkins a 19 year old Coe college senior suffered a sprained back and arm bruises when the car she rode in went over an embankment at a highway turn near Dyersville Saturday night She was taken to St Luke's hospital where she remains confined Her parents live in Harrington Kansas and her address at school is Voorhees hall.
The green turtle gets its name from the color of its fat used in turtle soup. This historical note explains the misperception of the animal’s color versus its named hue.
Richards lists dry cleaning naphtha French safe naphtha Sonex chamois skins and electric waxers for rent with free delivery. Attention car owners as automobile insurance offered at lower rates. Dial 22827. Watch the where to go column for current attractions and places to dine and dance.
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