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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 22, 1990
Page
27
A fragmented AP-NY report shows quoted ranges for American Mutual Mid-Am Growth and Tax Exempt funds, foreign exchange, and miscellaneous over the counter stock tables. The readable figures include partial price ranges and indices though many entries are incomplete.
In Des Moines market notes from Iowa prices show hogs at 56.50 to 58.50 for certain weight ranges and US cattle quotes across several weight classes. Carcass values range from 1.90 to 2.77 per pound with back fat thickness measurements cited.
In southern Minnesota Friday trade shows feeder cattle steady to 50 cents lower amid lighter demand. Carcass prices ranged 122 to 123 dollars for heifers, with dressed prices in the mid 170s. Corn and soybean futures moved within small bounds, while treasury bonds and notes quotes and NYSE movers followed regional market activity.
AP Metal Markets notes spot and futures quotes for P alloy aluminum at 0.84 per pound, platinum around 450 to 456 per ounce, silver near 4.81 per ounce, copper and other items from NY Comex and London fixes. Gold spot closed around 389.40 with minor changes, and various price ranges from Handy & Harman and Iron Age Metals are listed.
Omaha price notes show barrows and gilts higher by about 1.25 to 1.50 with bids from 1.00 to 1.58. Under 500 pound hogs and sows appear in varied lots with many between 230 and 260 pounds, and a 30 percent share of sows under 500 pounds.
Friday receipts total 412 cattle with Fat Choice trading around 78.50 for top heifers and 75.50 for top steers. Standard to select steer prices ranged 65 to 67.50, with bulls selling 42 to 72 and high dressing boners 52 to 57.75.
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