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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 26, 1939
Page
3
Chicago reports Friday livestock receipts of 1,500 cattle 6,000 hogs and 5,000 sheep. Wholesale dressed pork weakness again pressures hog prices despite smaller than expected receipts. cattle prices mixed with yearlings and light steers selling steady and lambs mostly steady.
Chicago AP market update shows hog receipts 8 000 with slow early trade and mixed weights, prices steady to down, top around 6 95. Cattle receipts 5 000 with yearlings steady, medium weights softer, top steers around 10 75, heifers about 9 50 to 10.25, vealers near 11.00, calves 11.00. Lambs and feeders steady with native lambs 9.00 to 9.25, yearlings weaker to 7.75.
Markets show varied hog and packer prices by weight in Waterloo and Mason City regions. Prices range from about 4.85 to 6.60 per 100 pounds across weight classes, with packers bidding for ranges up to 600 pounds and more.
Combined hog receipts at 16 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 a.m. Thursday totalled 12 700, down from 28 409 last week and 25 800 a year ago. Prices for barrows and gilts ranged from 5 60 to 6 75 per hundredweight across weight classes, with sow prices from 5 30 to 5 70 for various weights.
Hogs steady with 1,000 receipts bid 6.35 on good end weights and 6.00 on good sow. Sheep 8,100 receipts no early bids and fully steady. buyers weaker with shipper demand for choice lambs around 8.50 to 8.90. Cattle receipts 3,400 generally steady. yearling steers 9.50 to 10.50. stockers and feeders 7.50 to 8.00. beef cows 5.00 to 6.25. calves 8.50 to 10.00. canners 3.75 to 4.75.
Sioux City area cattle receipts show 1,800 salable calves and 100 salable slaughter steers and yearlings. Trade remains moderately active with demand steady for feeder and processing cattle.
Lamson Brothers and Company furnish grain quotations. H R Mowrey manages the Cedar Rapids office from 503 Merchant National Bank building. Contact phone 2 3141 for details on current prices and market data.
Yearlings steady and steers largely unchanged as stockers and yearlings range 9.00 to 10.00. light heifers up to 9.75 with choices near 10.90. bulk cows 5.25 to 6.46, occasional choice to 7.50. Hog receipts 2,200 with butchers steady and sows up to 10c. shipper top 6.40. feeder pigs 5.50. Sheep receipts 1,500 with fat lambs around 9.00 to 9.10, fat ewes scarce, feeder mixes near 8.60 averages recorded late Wednesday.
Hogs receipts steady to higher with prices up to 6.50 per lb across weights, packer limit at 6.40. Cattle receipts 2,700 with feeders and steers steady to weak, fed steers largely 8.75 to 9.75 with tops near 10.15 for yearlings. Sheep receipts 2,000 with opening steady, native lambs 8.60 to 9.00, clip-fed above 8.00, yearling sheep 6.35, wethers around 5.35.
AP barrows and gilts reported in Austin Minnesota show bid ranges by weight. Prices span from 140-150 Ibs at 4.60 to 500 Ibs levels near 5.40, with multiple brackets including 150-160 Ibs at 5.03 and up to 360-400 Ibs at 5.30.
Hog prices moved higher on the local market with most grades up five cents on Thursday. Lighter hogs held steady while the top price reached 6.55. cattle showed no change.
Wall Street quotations published by J E Bennett Co and W H Jump list numerous stocks with prices and percentages in Thursday trading. The page shows a wide array of corporations across industries including Alcoa Albion Allied, Coca Cola, Ford, General Electric, Penn RR, Sears Roebuck, Studebaker, and Union Carbide with varied fractional gains and losses.
The Cedar Rapids listing shows market quotes for grains including Wheat No. 1 at 70c, Oats, Barley, and Corn with varying grades. It lists soybeans new crop, hay prices, butterfat, poultry rates for hens and leghorns, eggs prices, wholesale fruits and vegetables with lemons oranges celery tomatoes apples and other items, plus hides and horse values.
New York bond market Thursday focused on power securities as utilities attracted attention. Corporate bonds showed uneven gains while U S governments edged lower. Traders saw notable moves on sizeable transactions with some issues advancing.
Wall Street closed with a mixed bag as rail issues led a late buying wave while other groups drifted. Transfers ran about 1,600,000 shares with gains fading toward the end. Late favorites included New York Central Chesapeake and Ohio Southern Railway Great Northern Santa Fe Delaware and Hudson General Motors American Telephone Celanese and National Dairy. In the curb market some gains appeared for Duke Power Bliss and Laughlin Pepperell.
Chicago bids showed a broad decline with wheat off about 3/4 cent and corn steady to down small amounts. Reports of rain in the southwest spurred liquidation of holdings, while soybeans fell sharply and oats followed the wheat trend.
Market overview showing cash wheat at 85 cents per bushel, corn mixed 47 to 50 cents, oats 36 to 38 cents, soybeans around 88 cents, timothy and clover seed price ranges. Prices listed for No. 2 yellow soybeans and various seed grades with ranges for red, top red, alsike and other feeds.
The listing shows cash grain bids with classifications for wheat and corn. No. 1 heavy dark northern priced around 85 to 89 cents with protein notes. No. 1 dark northern and No. 1 hard Montana varieties quoted. No. 3 yellow corn at 44 1/2 to 45 1/2 cents. No. 3 white oats around 32 to 34 cents. barley bids near 35 to 57 cents.
Markets show ibs up 13 percent. ducks up 4 percent. Butter receipts steady at creamery with varied 93 scc items and other prices unchanged. Eggs receipts 3224 steady. refriger ator extras 17 cents. standards unchanged. Potatoes arrivals 71 track 332 and total U S shipments 567. dull with liberal supplies and slow demand. prices for Idaho russets range from 1.62 to 1.77 per cwt. Minnesota Red River Valley cobblers around 1.10 to 1.25. Wisconsin round whites at 1.20. Nebraska and North Dakota Bliss Triumphs and other varieties noted with small sales.
Butter receipts rise to 708 802 while cheese and eggs hold steady amid varied quotes. Poultry prices vary by weight and type with live offerings weaker, reflecting conditions in New York markets.
Wisconsin cheese quotations for the week of October 23 to 28 show daisies at 15 3/8 cents, brick at 14 3/4 cents, horns at 15 1/2 cents, and cheddars at 15 cents. Farm prices list daisies 15 2/4, horns 15 4/4, cheddars 16 5/4 cents.
Boston wool sales were sparse with few transactions and prices lagging last week except on higher grade wools. Domestic wools showed a general decline, while some fine apparel offerings eased moderately. U S government bonds in New York closed Thursday with varied gains and losses across Treasuries and Federal Farm Migs. Dow Jones Averages showed small moves with minor gains in most sections.
Marion area notices list attendees for the Second district conference of the American Legion and Auxiliary in Wheatland, including Commander Glenn Larkin and Mrs Larkin along with local families. Also itemized are many local ads and brief social mentions such as visits, hospital stays, and parties.
The Ehaweetanda Camp Fire group gathered Wednesday at Mrs. Earl Helbig’s home with new guardian Mrs. Robert Burns. They planned a Halloween party for Saturday at Margaret Beadle’s home and named committees for invitation games refreshments. Glenn Simons visited Clinton Tuesday and Wednesday.
To attend the wedding of Miss Arlene Starry to John Henderson of Coggon Friday, Miss Starry’s brother Frank Starry, her mother and son Dickie, and Mrs. Starry’s parents Mr. and Mrs. R. A. Iliff of Webster City will be guests of Mr. and Mrs. E. A. Starry. The Iliffs will stay with Mr. and Mrs. John Crawford.
Chairmen of crews for the junior class play to be presented Nov. 24 are listed with roles: stage Ralph Morgan properties James Frazee makeup Theola Gordon paint Bob Marsh business manager Kenneth E Cornell Jr costumes Arlene Guzzle light Bill Austin off stage noises Bob Powell ushers Virginia Stark promoter Kathleen Newman. Mr and Mrs D B Storck visited Darlington Wisconsin with son Owen Storck and Mrs Storck.
The men of the Cheerful Companions class will host a banquet Friday at 6 45 p.m. in the church recreation rooms. Rev Marion H Williams pastor of the First Christian Church Cedar Rapids will deliver the talk.
Members of the W C T U entertain at a Halloween party and miscellaneous shower for the Benedict home in Des Moines Friday at 2 30 in the public library auditorium. Members of all church aid societies and other friends are invited. The Athenian club hosts a guest night program Friday at 8 p m in the same auditorium with B L Wick of Cedar Rapids speaking. Each member may invite five guests and both men and women are welcome. Miss Ruth Griffin of Denver a former Marion resident.
Mrs. Emilie Griffin visited her sister in Cedar Rapids as a guest of Mrs. Libbie Carver. Lois Montgomery and her parents held a farewell for 38 neighbors before moving from the Lakeside farm. Child Study club members toured Quaker Oats and Peter Pan plants. Birth announced for Max and Lilian Albaugh’s daughter born Oct 25 at St Luke's. Frank Lochner injured a fractured bone in his right hand wrestling.
In New Orleans Orleans Parish District Attorney Charles A. Byrne resigns under pressure after a four-front attack. An open hearing by three district judges probes charges Byrne hindered rebel grand jurors. impeachment efforts by 28 taxpayers. recall movement by the People's League. and a Baton Rouge suit by Matthew Braniff seeking his removal and a successor election. Niels F. Hertz named acting district attorney. John E. Jackson to prosecute.
Mrs Katherine Johnson thanks neighbors and friends for kindness and flowers during illness and death. The message from the family expresses sincere gratitude for support and remembrance.
Marynell Beauty Shop Paramount Theater Ride offers perms and machineless waves with low prices. Rita's Beauty Shop 220 Center Point Prd and LaVogue Beauty Shop advertise bargain perms and waves. Kennedy's promotes a 1930 Ford Tudor for sale at 345.00 at a local lot.
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