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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 02, 1939
Page
10
Market notes show nominally steady livestock prices with very light receipts on Tuesday and Saturday. Unofficial counts list hogs 16 900 cattle 14 000 sheep 15 000 for the week ahead. labor day closure noted. Furnished by Lamson Brothers and Co. H R Mowrey Cedar Rapids office listed.
Wheat again hit the five cent limit in North American markets at opening, with Winnipeg and Chicago seeing strong gains before later profit-taking trimmed advances. September wheat led declines, while corn, oats, soybeans, and lard futures showed mixed moves as delayed action by England and France eased buying enthusiasm.
Hog salable receipts 700, total 2,700. steady market with few 225-346 lb hogs at 6.09 to 6.85. Calves, steers, yearlings see 25 to 75 cent gains. top dairy and beef types move higher. Sheep and lambs show firm to higher prices with spring lambs up to 8.40, natives and westerns at 8.25 to 9.25.
Associated Press reports Iowa hog prices rise 10 to 15 cents across weights with specific ranges in Ottumwa Mason City and Waterloo. Cattle prices hold steady to firm as market tone improves.
Combined hog receipts at 17 Iowa concentration yards and 10 packing plants in interior Iowa and southern Minnesota totaled 14 100 for the 24 hours ending 8 a m Saturday, up from 10 600 a week ago and matching 14 100 a year earlier. Demand remains strong but few hogs are offered with weekend and holiday movement expected lighter than 25 500 a week ago. Prices by weight range listed for barrows and gilts with multiple brackets across 160 to 500 pounds.
An AP digest from Austin Minnesota shows barrow and sow price ranges across weight classes from 140 to 500 pounds. Figures vary from about 4.40 to 6.50 dollars per hundredweight with multiple brackets and occasional garbled entries.
Livestock receipts at St Paul south lot total 1 050 cattle and 700 hogs with Friday as baseline. Slaughter steers and heifers firm to higher, cows and bulls up to 25 cents, feeders and bulk beef cows near steady. Hogs 700 total, steady with Friday, butchers and sows higher for lighter weights. sheep and lambs show gains on fat springers and feed lambs with spreads by weight.
The agriculture market summary shows hog receipts around 200 head with limited fresh offerings and prices near 6.80 for top barrows and gilts. cattle receipts about 100 head with higher bids for fed steers and yearlings, bulls, cows, and stocker/feeder cattle, plus mixed sheep and lamb activity with higher fat lamb prices and value ranges for native and yearling lambs.
New York AP reports U S government bonds closed Saturday with Treasury 3s at 198.28 and 4 5 8 at 138.10 as corporate bonds showed some recovery after a retreat tied to the German Polish conflict while Treasury issues faced moderate losses.
Foreign loans fell sharply while U S and corporate issues rose. Bids reappeared for better grade corporate loans and speculative demand lifted prices up to 2 points. Treasury issues slid about half a point amid a broad break in the prior session with Italian French Australian Canadian Belgian and German issues down 1 to 6. Domestic names higher included Anaconda Copper Bethlehem Steel Alleghany Commonwealth Edison Otis Steel Youngstown Sheet and Tube Delaware and Hudson New York Central and Western Union.
Hog prices strengthened across grades by 10 cents with the top at 6.30. Cattle prices remained unchanged as buyers noted steady demand and market activity in the local pork market.
Genuine spring lambs weighing 70 to 90 pounds offered. Bucks priced at $1 per pound. Other weights quoted according to analysis and seller.
Market notes from Cedar Rapids list Wheat and corn prices by grade, oats, rye, soybeans, hay, straw, and dairy fat. Poultry prices cover hens, springs, leghorns, and eggs, with wholesale fruits and vegetables including lemons, oranges, celery, lettuce, onions, cabbage, carrots, potatoes, pears, peaches, and watermelons. Also includes hides and related livestock prices and a stray line about tracing and finishing tails.
Butter steady receipts 1 198 798 firm 89 score 2134c 90, carrots 23 4c, other prices unchanged. Eggs receipts 10 734 firm fresh graded extra firsts local 16 4c cars 17 4c, firsts local 16c cars 16 4c. Potatoes arrivals 216 on track 79 total U S shipments 174 Oregon Bliss Triumphs firm market. supplies moderate demand slow. Idaho russet Burbanks U S No 1 under ice $1. inflection details follow for several regions and varieties.
New York produce receipts show eggs mixed colors and standards with notable percentages for firsts seconds and dirties. Butter receipts remain higher with creamery grade and elevated scores. cheese receipts hold steady with prices unchanged.
The Boston wool market opened slow but gained modestly later in the week as inquiries widened. Prices for greasy combing bright graded fleece wools held mostly steady to slightly higher than last week with delaine at 28 to 31 cents in grease and finer categories up to 34 cents for quarter bloods.
New York traders pushed a wave of gains on a Saturday session driven by hopeful dispatches on German Polish tensions and French action. By close, utilities and mail orders remained underwater while two hour transfers neared 2,000,000 shares. Steels, coppers, aircrafts, sugars, chemicals and oils led gains. laggards included American Telephone, Western Union, Consolidated Edison, Sears Roebuck, Montgomery Ward and Southern Pacific.
Saturday quotations show diverse pricing for Adams Express to Zenith Radio with numerous named companies and tickers. The list includes Alaska Juneau, Allied Stores, American Can, Kennecott, Lafarge and many others with varied figures and percentages, reflecting a broad market snapshot.
Minneapolis cash grain receipts Saturday 608 cars up from 530 year ago. Quotes list No 1 heavy dark northern at 81 4, No 1 dark northern 80 4, No 1 hard Montana 84 98 54c, No 1 dark hard Montana winter 78 80 4c, No 1 hard amber durum 76 4c, No 1 red durum 173324 74c. Corn No 3 yellow 46 2948c, oats No 3 white 30c, barley 34 2 54c.
The Elkader saddle horse show begins today and runs through Monday with four classes on Saturday night including three gaited over 15:2 three gaited amateur five gaited over four years and three gaited combination. Sunday features events in three gaited under 15:2 five gaited amateur and owner classes and a busy Monday with novice five gaited junior and more. Entrants include Garner stables Oskaloosa Coffee stables Wellman Yoder Wellman Glenn Bowne Waterloo Mrs George Raft Waterloo W G Bromwell Center Point Hobart Greely T J Mulgrew II Bob Mulgrew Dubuque and Elkader horses. James Loom of Jesup serves as judge.
Mrs. Etta Payne 68 of St Paul visiting in Minneapolis was treated at St Luke's hospital after being struck by a bicycle ridden by George Omar 1004 Tenth street NE as she stepped into Third avenue near the courthouse. She suffered cuts around the left eye and glasses were broken. Omar, a telegraph messenger, said he was traveling west when Mrs. Payne stepped out between two cars and was struck. An unidentified motorist took her to the hospital.
Bertrand Russell, visiting Santa Barbara, predicts that the next war will be a war of stomachs and that nations that can outstarve others will win. He says after three or four more wars people will accept international law and foresees Italian and Russian alignment with Germany to gain Africa and the Baltic region.
Funeral services were conducted for Mrs. John Mathes at the Presbyterian church with Rev. C V R De Jong officiating and Robert Mitchell aiding. Organist Delbert Richardson and singer Fay Murdoch performed. pallbearers included Dr. C E Bradiego and J L Roberts. Burial followed at Oak Shade cemetery. Relatives from Lisbon Coggon Cedar Rapids and surrounding towns attended. Townsend club No 1 to meet at 2 p.m. Sunday at 1400 Fourth Avenue.
Mrs Anna Gray and Mrs George P Whitney hosted a luncheon Friday at Mrs Mary English home to honor Mrs D E Voris of Fairhope Alabama.
Advertisement note lists a furnished apartment at 235 Sixth Avenue and provides a contact phone number 226 for inquiries.
H. D. Mounce of Alburnett is back home after treatment for a badly infected foot at a Cedar Rapids hospital.
C Edgerton Drummond Jr the tenor soloist for St Luke's Episcopal Atlanta and guest of Mr and Mrs C E Drummond will sing the offertory solo Sunday morning at the Methodist church in town.
Mrs Mildred Uhr of Omaha came to Marion Friday morning at her mother Mrs W A Ladd's side amid illness in St Luke's hospital.
Two action features headline Garden tonight with Mickey Rooney in Huckleberry Finn at the Garden Sunday and Monday. The page also lists family visits, Labor Day closings at Owen's Drug Store, and several local trip and visit updates across Klemme Cedar Rapids Perry Marion and Sioux City communities.
The public library will be closed all day on Labor Day. Starting September 1 its hours are 2 to 6 PM and 7 to 9 PM.
D. D. Liebe, previously ill at 2000 Tenth Avenue, is improving at home. His parents, Mr. and Mrs. W. J. Liebe of Iowa City, will visit Sunday to spend Labor Day at the Liebe residence.
A 19 car special train from Chicago bound for Sun Valley Idaho will pass Marion at about 7 p.m. Saturday. The train carries bankers and railroad officials from the east. R. J. Kendall and W. E. Wilbur of Marion will serve as flagman and brakeman on the Iowa leg.
Mr and Mrs C E Masini and children Eugene and Joan visit brother in law and sister Dr and Mrs J J Keith in Chicago with the Masinis staying as guests.
Covers laid for 18 at the luncheon of past matrons and wives of past patrons of Marion chapter No. 183, O. E. S., at the Marion Golf club. Guests included Mrs. Ethel Kennedy of Iowa City and Mrs. G. O. Pyle of Hollywood Fla. A guest was Mrs. Gretchen Hickock of Boone. Mr. and Mrs. J. Lewis Papes, new residents on east Eighth avenue, hosted a surprise supper party with three tables of cards.
Miss Inez Whitney of Central City visits Friday with grandparents Mr. and Mrs. George P. Whitney. Miss Alice Holdiman of Waterloo arrives Saturday to stay with uncle and aunt Mr. and Mrs. Verto Reichert over Labor Day.
Mr and Mrs Rolland Ditzler and daughter Fern of Freeport Illinois visited the B L McNiel home. Carl J Kassler traveled to northern Minnesota for weekend fishing. Mr and Mrs Thomas Taylor and Miss Pauline Taylor returned from a Duluth Hibbing Minnesota vacation. All dry goods clothing shoe and hardware stores in the city will be closed Monday for Labor Day.
Mr. and Mrs. A. A. Hardin and Mrs. George Busby drove to Iowa City Friday. Mr. Busby, who has been a patient in the University hospital, accompanied them.
Lost a broken watch in a brown purse with dial 2 3963 contact. Lost a billfold near Armstrong or Yagier. Reward offered. Call A. Ww. Thompson at 2 1817. Lost Boston bulldog no 884 with white forepaw. Reward. Dial 3 1464.
Mrs Myrtle Cunningham attended funeral services Friday in Clinton for her cousin Andy Nielsen. The ceremony remembered Nielsen with family and friends in attendance.
A column lists multiple area churches with pastors and service times. Baptist Rev L W Inman teaches at home with Jesus invitation, morning 10:45, youth 6:30. Catholic Rev T J McElliott mass 7:30 and 9:30. Methodist, Congregational, Free Methodist, Presbyterian, Lutheran, Seventh Day Church of God, Prairie Chapel, and Alburnett churches provide Bible school, worship, communion, baptisms, and youth programs on varied schedules.
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