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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 08, 1936
Page
18
Chicago reports unsettled livestock prices as weekend accumulations push supplies higher. Cattle receipts reach 11,000 with hogs at 11,060 and sheep 9,000 while light steers and yearlings show strength. Wholesale beef and pork rise with light hogs 28 cents per pound and steer carcasses up 50 cents. top hog price hits 11.45.
U S Department of Agriculture reports hog receipts 19 000 with direct 6 000 and prices down 10 15 cents from Friday. Cattle receipts 22 000 plus calves 2 500 with varied movement, yearlings up 10 15 cents, steers mostly 9 65 down to 8 75, heifers up to 10 00. Sheep receipts 17 000 including 7 200 direct with bids 9 75 10 00 and feeding lambs 6 00 8 00.
Combined hog receipts at 21 concentration yards and 9 packing plants in interior Iowa and southern Minnesota for 72 hours ending Tuesday 8 a.m. totaled 25,300, vs 10,700 a week ago and 4,600 a year ago. Prices ranged light to heavy weights from 8.20 to 11.15 dollars per hundredweight with lighter weights at 8.50 to 10.00 and sows generally 5 to 10 cents lower than last Saturday.
Sioux City market notes receipts of 4500 cattle and 4000 hogs. Beef steers and yearlings active with cow bids down and stockers steady. top steer prices around 9.50 with upper grades 8.75 to 9.35 for 800 lb heifers. Hogs mostly 10 to 15 cents lower with top at 10.75 and 190 to 250 lb butchers 10.50 to 10.65.
Hog weights bring 9.75 to 10.50 per cwt with light weights at 8.50. Medium and light sows to shippers at 10.25, generally 9.25 to 9.30. Packers bidding 9.15 to 9.20. Feeder pigs 100 lbs and up 7.00 to 8.00. Stags 9.00 down. Sheep receipts 2,500, undertone weak to lower, best at 9.50, feeder steady, rams 7.25, ewes suitable for one year service.
Cattle receipts 2100 with better grades up 15 to 25 cents in two days. Hogs receipts 7000, prices mostly 15 cents lower than Monday with top around 10.95. Sheep receipts 2700 with Washington lambs held, packers seeking lower bids and best natives at 10.00 or more depending on quality.
Hog bid ranges show 140 to 550 pound weights across Waterloo Mason City and Ottumwa with prices from 8.10 to 10.95 per cwt. Notable shifts include 5 to 10 cent lower in Waterloo and lighter weight groups priced per cwt by market segment.
Market 250 pounds and up shows about 15 cents drop while other weights fall around five cents. Prices range from 9.70 to 11.30 for various weight classes with packing sows priced roughly 8.20 to 9.25.
Receipts total 6 500 hogs 9 000 cattle and 6 800 sheep with varying changes. Hogs weakest 25 cents off top at 10 85 while calves and sows show mixed gains and losses. Cattle show scarce gains with steers yearlings 8 25 to 9 75 and cows 4 25 to 5 00, vealers around 6 50. Sheep 2 400 direct trade 25 cents lower to 25 cents higher with lambs at 10 25 down.
Hog prices softened on the local market with all good hogs down a dime and top quotes dipping to 10.90 per cwt. Packers eased a nickel. Cattle held steady while calf and lamb prices edged up slightly.
Market notes show calf prices at 149 to 90 pounds suitable for choice buyers. Sheep section lists lambs 78 to 90 pounds with price range around 9 dollars. Cattle market details include choice steers 1100 pounds up to 9.00, 1000-1100 pounds at 7.75 to 7.15, yearling steers 900-1000 pounds at 8.50, and common stock tiers with several price bands for cows, heifers, and bulls.
A listing of farm commodities and wholesale goods with prices in Cedar Rapids. Grain prices cover wheat oats rye corn and soybeans. hay straw poultry and eggs are priced. wholesale fruits vegetables and citrus listed. also cured hides and animal byproducts priced.
Decorah Townsend club endorsed State Senator Sam Goetsch for congress Monday night. Goetsch waits to learn what the social justice group will do before announcing his candidacy.
Wheat futures on the Chicago board rallied late Tuesday led by the Winnipeg market erasing early losses with small net gains. Prices in Winnipeg rose on improved Liverpool outlook but pulled back later on hedging sales as the Canadian market rallied again. Receipts were light with 86 wheat cars and 87 corn cars reported. milling demand was slow and weather remained favorable for winter wheat sowing.
Furnished by Lamson Brothers in Cedar Rapids the market report lists wheat oats rye and lard futures with opening highs and lows for Sept Dec and May contracts. Includes bid prices from Winnipeg and highlights price ranges and closing figures for each commodity.
Chicago cash grain prices show mixed bids across wheat oats rye soybeans and barley with specific grades and prices listed. Minneapolis reports receipts and bid ranges for several wheat grades including No 1 heavy dark northern and Montana varieties along with corn oats and other grains.
Raw sugar remains unchanged at 3.65 spot with no sales reported in New York. Futures dip 1 to 2 points while refined sugar holds at 4.75 for fine granulated.
Flour carload lots per barrel in 98 lb sacks show unchanged family patents at 7.55 to 7.75 with ancore patents 5 cents higher at 6.70. Shipments total 4,904. Pure bran 24.50 to 25.00. Standard middlings 29.00 to 29.50.
Prices for timothy and clover mixed rail and timothy clover rail vary by grade from No 1 to No 3 with truck and rail options. Alfalfa and rye straw listings show multiple dollar ranges while oat and wheat straw and marsh hay also noted with distinct figures.
The Boston wool market opened after the holiday with broader inquiry for woollen wools and quiet demand for greasy domestic wools. Mill buyers waited on foreign wool markets and the domestic goods market. Quotations held steady to firm on greasy domestic wools. Cables from Australia to Boston private concerns showed fair demand at steady prices versus last week’s close.
Foreign exchange list shows varied quotations for many nations and cities including France 6.58 and Germany free 40.24 with several cross rates. Entries include Tokio 29.56 Shanghai 30.30 and Mexico City 27.88, plus $100.00 exchanges between New York and Montreal and back.
United States government bonds faced renewed selling pressure on Tuesday as investors digested the newly announced terms of the debt issue. Traders watched yields rise and prices fall amid cautious trading in the New York market.
The treasury faced irregular September financing with no firm market tone. Dealers cited profit taking after recent gains and noted strong demand for a maturing 1s issue. The $914 million 2 percent bonds maturing 20 to 23 years attracted $400 million for cash, signaling renewed appetite for long-term issues. Foreign bonds including Polish issues rallied, lifting interest in international loans.
U S bonds closed with Treasury 48 47-52 at 119 8, Treasury 45 44-54 at 114 7, and Treasury 3as 46-49 at 107 4.
The market recovered modestly with leaders pushing into multi year highs amid gains from U S Steel Bethlehem Cru cible Sharon Steel and several others. Transfers reached about 1 700 000 shares as buying followed reports of brisk business expansion while foreign affairs tempered trading.
Winners in the Marion Golf Club Labor Day tournament include Harold Smith low gross and W. H. Balster low net with other prize results. Local notices advertise a modern six room house for sale or rent and a Roosevelt caravan City park event at 8 PM Wednesday. Local residents report visits and guests from Perry Dallas Center Sac City Cedar Rapids Minnesota Wisconsin and Minneapolis.
The Roosevelt caravan will pass through Marion Wednesday evening with a public program of talks and music in the city park from 7 30 to 8 p m. Attending boosters day in Morley were Mr and Mrs Claire Davis and daughters Dorothy and Charlotte Mr and Mrs Otto Hamer Mr and Mrs Glenn Cheadle and daughter Janet and Miss Catherine Cheadle Dorothy Davis entered the tap dancing contest.
Mr. and Mrs. Stanley Thomas spent Labor Day in Iowa City. Mr. and Mrs. Oscar Martin, Mrs. Frances Vahl and daughter Marilyn, Mrs. Florence Curtin and Billie Vahl visited the grotto at Dickeysville Wisconsin and in Dubuque on Monday.
Miss Harriet Ericksen and Mrs. Longhoran of Moline Illinois were Monday guests of Miss Marjorie Vahl. Miss Viola Belsky of Waterloo is also a guest of Miss Vahl. The Concord Agriculture and Literary club will meet Friday evening at the home of Mr. and Mrs. Clyde Kearns.
Mr and Mrs Frank Ford and their daughter Betty have returned to Marshalltown after visiting Mr and Mrs James Fernow and other Marion relatives and friends.
A compiled list of stock quotes and prices appears under Tuesday's quotations, including Adams Express at 13 1 2 percent and Hudson Motor at 1 3 4 percent. The page lists numerous corporations across industries with bid prices and percent changes, reflecting a broad market snapshot from the period.
Classified note lists ad sizes and lines for out of town readers. It states callers may answer Gazette Want Ads by mail to the Want Ad Department and provides a contact process.
Mr and Mrs R K Stoufer of Council Bluffs have been visiting Stoufer relatives including Mr and Mrs Carl Fernow and their cousins Mr and Mrs Gail A Storck, and left Tuesday to return home.
Mr. and Mrs. George Bishop and family visited Charles Burch and Mrs. Irvin Castle. The Presbyterian Ladies Aid first division meets Friday at 2 30 p m at 662 Seventh avenue. Gail Storck hosted cousins R K Stoufer of Council Bluffs. Marion Chapter OESS held a program with piano solos and readings. Mrs. Carlton Owen and Mrs. J B Howell traveled to Iowa City for a tea for Mrs. Carl Breuchner of Berkeley California who toured Europe with Huntington Hall sisters. Clifford Barnes, tied to a Milwaukee railroad bridge crew, spent the weekend with kin. Milwaukee Railroad Women’s Club meeting postponed to Sept 24 due to Milwaukee Veterans convention in Chicago.
Chicago and New York price notes show firm butter and egg receipts with creamery and grade prices. Poultry, potatoes, and live stock values listed by variety, weight, and grade across regional markets, including Idaho Russet Burbanks and Washington Russet Burbanks price ranges.
Chicago markets report butter futures and nearby contracts closing under storage standard terms. Notes mention Idaho Russets in October and a reference to Nov price at 345 cents per hundredweight with unspecified delivery details.
Mrs Horace Reiter and Mr and Mrs Phillip Shoup visited Iowa City to see Reiter’s brother-in-law Louis Hoebel in University hospital. Marian Jackson returned to Des Moines from a hospital call. Local church groups shifted their Ladies Aid meeting to church parlors with a picnic luncheon. Harold Peck spent Labor Day in Clinton. Numerous Marion residents hosted or visited, including families from Marshalltown Cedar Rapids and Chicago. The Christian Endeavor society plans a guest night at Sam Jackson’s home.
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