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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 30, 1936
Page
14
Chicago AP reports Thursday cattle and hog receipts with hogs steadier after a marginal rally driven by cooler weather and lower wholesale pork prices. Top hog price reached 10.40, down five cents from Tuesday. light hogs and various cattle classes showed mixed movements amid ample supplies. Lambs remained moderately active with overall steady tones.
Chicago livestock receipts total 41,000 with hogs at 14,000 and cattle 13,000. Hogs mostly steady with several price lifts for sows. top at 10.40 and bulk 200-250 lb. hogs around 10.15 to 10.35. Cattle show uneven and weaker overall. best steers near 10.50 for heavy weights, calves lean to 10.15. Sheep receipts 14,000 with fat lambs steady, range 9.50 to 9.60 for native lambs, westerns showing 3.75 or higher for choice.
Sioux City AP report notes 4000 cattle received by the U S Department of Agriculture market quoting red light market with yearlings steady and mature steers dull. Fat cows show little change while stockers and feeders move slowly.
In Austin Minnesota the hog market shows bid prices by weight. 180-200 pounds at 9.15 to 9.40 dollars per hundredweight, rising to 270-290 pounds at 9.25 to 9.55, and 325-350 pounds at 8.75 to 9.05. Sows weighing 275-550 pounds fetch 7.55 to 8.55 dollars.
U S Department of Agriculture data show combined hog receipts at 21 yards and 9 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 a m Wednesday total 12 100, down from 14 700 last week and 11 900 a year ago. Prices listed for various weight classes range from about 7 25 to 10 15 per cwt with general activity moderate to slightly stronger.
Receipts totals 2,800 cattle 8,500 hogs and 7,000 sheep with mixed price movements. Slaughter steers ease, best fed above 9.50, cows mostly 4.00 to 5.75, calves strong with dealers paying up to 16.50 for selections. Hogs opening slow but active later, top 10.00 for 200-240 lb, many weights around 9 to 9.75, sows firmer. Sheep seen weak to lower on lambs with packers aiming steady to weak. feeders 5,000 natives and whitefaced lambs around 9.25.
Omaha market report shows hog receipts around 5 000 with steady to 10c lower bids, top 9.90 for 180 250 lb hogs, varied bids for lighter weights and sows. Cattle receipts about 8 500 with calves 1 000. prices: steers 8 2 10.00, heifers 8.00 9.50, cows 4.25 5.25, cutters 3.25 4.00, bulls 4.50 5.25, top dealers around 7.00. Sheep receipts 9 000 steady to easier with lambs 8.25 8.75 and best above 9.25.
Local hog prices hold steady with the top at 9.95. Cattle and other markets remain unchanged while corn and wheat rise.
Market notes show calf prices 9.00 to 9.75 for 140 190 lb cattle. Sheep and lamb values listed with weight quality adjustments. Cattle prices span from 6.00 to 9.75 for steers and 7.30 to 8.50 for yearling steers and high quality heifers. Grass and canner categories noted with broad ranges.
A Cedar Rapids listing shows grain prices for wheat oats rye barley and corn with varying current bids. Poultry and eggs are priced with wholesale fruit and vegetable items including citrus, potatoes, bananas lettuce celery cabbage onions pears and prunes. Hides and miscellaneous animal byproducts are listed with assorted prices and scant notes on horse and pony tack.
Raw sugar held at $3.40 while futures rose 1 to 2 points and ran up to $2.49. March slipped from $2.46 to $2.45 and refined sugar stayed at $4.75 for fine granulated.
Exchange rates list in cents for Great Britain and multiple countries with fractions and percentages. It shows France 4.75N and other entries such as Italy 7.80, Germany 39.20, Holland 55.12, Tokio 28.89, Shanghai 29.62, Hongkong 30.87, and cross city quotes Montreal New York 100.00, New York Montreal 100.00.
Chicago AP reports broad grain weakness as month end selling pushes corn and other grains lower. Wheat briefly rallied a cent in some trades but soon followed corn downward amid shrinking cash demand for delivery.
Chicago market quotes list wheat corn oats rye and soybeans with cash bids and asks for No 2 and No 1 grades. Minneapolis cash grain reports receipts and prices for No 1 heavy dark northern spring, No 1 dark northern, and durum varieties with corresponding values.
AP Chicago market note shows butter and eggs receipts and steady prices. Live poultry prices vary by breed and weight with market described as demoralized. Potatoes show liberal supplies with mixed regional prices and grades across multiple U S potato types and sizes.
Butter receipts reach 10,548 with firmer creamery quotes and higher extra grade prices. Cheese shows 169,445 receipts with steady milk flat and fresh to fancy varieties. Eggs at 24,993 receipts remain steady with mixed colors and dirties unchanged. Live poultry demand weak with no freight quotations.
AP reports futures closed with storage and egg futures for October and November at 2514c and 2534c respectively. Idaho russet potatoes quoted at October 1.92 and January 2.47.
New York traders saw a settled session with moderate gains across corporate, U.S. government, and foreign bonds as caution eased pending the gold devaluation program. Loans rose to about 2 points, while several issues slipped. U.S. Treasuries inched higher with scattered gains across 3s and 3 1/2s.
New York AP reports the franc valuation measure passed by the French senate did not lift stocks despite earlier gains from favorable domestic news. Cotton rose, grains were irregular, many bonds rose, rail shares faced pressure, and Santa Fe and Delaware and Hudson slipped slightly. Volume near 1.3 million shares with notable forwards including Peoples Gas North American Electric Power and International Paper.
The day’s market note lists numerous firms with varied movements including U S Steel, General Motors, Chrysler, Deere & Co, International Harvester, American Can, Coca Cola, Colgate, Du Pont, Bethlehem Steel, Westinghouse, Studebaker, Packard, and Allied Chemical. It notes mixed gains and declines across railways, oil, mining, and consumer goods concerns, with specific price points and percent changes for a wide range of companies and underlying indices.
The U S Department of Agriculture reports graded domestic wools in Boston were limited with mostly firm asking prices. Mills bidding tended to be lower than recent levels amid restricted demand while Australian markets remained firmer than at week’s start.
In Berne the Swiss council of states unanimously approved a military organization to raise more troops and expand motorized ground and aerial forces, signaling a major expansion of the nation’s defense apparatus.
Marion launches a new Five and Ten Cent Store at 1175 Eleventh Avenue in the former Ament building. L. E. Storm and C. H. Hobbs own the shop moving from families to Marion with plans for a broad low price selection and a heavy five to ten cent stock.
Funeral services for Charles Clark were conducted Monday in the Yocom chapel with Rev. Ralph Hall Collis presiding. Grandsons served as pallbearers alongside a cousin, and out of town relatives attended from several towns including Mount Vernon and Cedar Rapids.
The Gazette states it will not be responsible for more than one incorrect insertion of multi reader ads. Out of town readers answering Want Ads with only phone numbers must write to The Gazette Want Ad Department.
Announcements record a brown suede purse with metal trim taken from a West Central Fa N rest room Tuesday around 3 30. Mrs E H Whitmore Center Point Iowa offers reward for its return with contents. Another note seeks a black leather purse, bank book and fountain pen among items. finder may keep cash for reward. A springer spaniel puppy three months old white and liver colored with brown ears white facial markings, white striped between eyes and white tip tail is missing with liberal reward. Dial 21423 for the purses and Dial 7717 for the dog.
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