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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 03, 1939
Page
18
Livestock market notes show hog prices generally steady amid slow trade while cattle values edge higher in multiple markets. Regional reports from Chicago, Waterloo, Ottumwa, and Des Moines indicate steady to firm demand with varying price quotes for different weight ranges and classes.
Sales on cattle hogs and sheep show mixed receipts with steady to uneven demand. Steers yearlings and heifers trade around 1025 to 1050, hogs 180 to 240 pounds mostly 60s to 90s, sows around 60 to 70, and sheep steady with wooled lambs around 92 to 95. Trade largely unsettled as buyers bid against shippers and traders.
Livestock buyers show steady to higher demand for cattle and calves with tonnage reaching 8000 salable head including 1000 steers and yearlings. Bulls and heifers scarce with price gains noted for top steers and heavy cows while sheep trades start slow and held near steady.
The market shows mixed bids for cattle hogs and sheep with early packer offers around 6.85 for certain weights and 200-760 head ranges. Steers and yearlings hold around 925 to 1100 with some heifers near 825 to 1025, fat lambs around 9.0 to 9.25, and ewes steady to weak while lambs and bred stock show cautious demand from buyers in the Omaha area.
Readable items show cattle receipts at 4.500 with steers and heifers steady to firm. cows and bulls mixed. Hogs trading around 49 to 50 pounds shows bids up to 63 08. sheep and lambs softer, fat lambs and wooled lambs offered with steady or lower tone.
Prices for grains vegetables and meats in Cedar Rapids listings include No 1 60c No 2 58c oats White No 2 25c No 3 22c Rye No 3 80c 133c Bailey 28 39c and more. Straw hay 7.00 bale straw 5.00 wholesale fruits vegetables lemons oranges grapefruit celery lettuce onions cabbage carrots tomatoes potatoes sweet potatoes beef hides calf kip and horse prices noted.
Local hog market shows broad gains with all grades up six cents and tops at 7.10. Cattle market remains steady with good hogs listed from 10 to 150 pounds and various weight classes showing price ranges.
Wisconsin cheese markets show muted activity for the week of April 2 to 8 with prices for butter and cheddars largely steady. In New York the sugar futures market moved higher to begin the week as Cuban refiners report steady demand while Boston wool markets remain quiet with buyers limited to small immediate deliveries.
Market notes show receipts and prices for butter and eggs in Chicago and New York. Butter gains steadiness with creamery and extra grade rates while eggs hold firm on mixed scales. potatoes and poultry items display varied shifts across regions and grades.
New York bond market reports a broad rally with foreign dollar bonds and domestic corporate issues rising amid a European political backdrop. Notable gains seen in rail utility and industrial issues with several issuers and governments advancing across grades and maturities.
New York stocks opened higher but faced light selling in the final hour as gains vanished. About 1.1 million shares changed hands with cautious sentiment from Washington and Hitler speech tone. London Paris Amsterdam markets showed strength while bonds rose and select rail and industrials led the list.
Wall St. Stocks published by J. E. Bennett & Co. shows a broad list of equities and commodities including Adams Express Tin Intl Mining AS, Alaska Juneau, Nickel Aylesheny, International Paper Allied, Owens, American Car & Foundry, Amoco, Am Breakout, and many others with prices and notes across multiple industries in a dense market roundup. The document outlines large cap names, banks, steel producers, and railway stocks in a single Monday quotations page.
Weak overseas demand and favorable winter wheat conditions eased prices on the Chicago board. Liverpool and Winnipeg futures fell amid heavy liquidation while U.S. and North American export activity remained modest. Crop reports from Kansas were positive and world shipments rose last week, with corn prices also dipping.
The Supreme Court on Monday agreed to hear whether the federal income tax law as applied to federal judges violates the Constitution, resolving the final issue on judicial immunity from taxation.
The Senate Judiciary Committee approved President Roosevelt's nomination of Dean Wiley B. Rutledge of the University of Town Law School to be an associate justice on the United States Court of Appeals for the District of Columbia There was no objection in committee but Senator King reserved the right to oppose it during full Senate confirmation.
Rebuttal testimony continues Tuesday in the Nolan vs Armstrong Clothing contract trial before Judge J E Heiserman with witnesses including Dr Garland Hershey geologist and others. Also on docket Lulu Patten wins 85850 breach suit against Glenn Anderson. Norbert Gorman pleads guilty to larceny with six months jail. M Beverly seeks 122851 against W Hasbrouck. divorce case Svalin vs Svalin. Nassif sues Kour for 16231.
Mike Wachal, a City Line bus driver, stopped his Kenwood bus at 12.01 pm after feeling unwell. His physician said a hearty meal and running contributed to a rapid heartbeat. Wachal was considered organically sound and expected back at work Tuesday. He was taken home by ambulance, and company officials noted drivers pass annual physical exams.
Secretary of State Cordell Hull condemned German trading methods as harmful to world commerce. He said US policy treats all nations equally and that Germany has been free to trade here under the same conditions as others. Hull responded to Walther Funk who urged barter deals and criticized US policies.
Senate economy bloc leaders warned New Dealers they will press to reduce WPA emergency relief to 75 million or less unless the House approved 100 million is accepted. Several appropriations subcommittee members say the WPA has not cooperated in economy drives and will push the issue in the Senate.
Coe college speakers won multiple honors at two sites on Saturday. Freshman teams placed second in Cedar Falls with Lois McCaleb and Phyllis Darby as top pairing and Don Weymer with Barbara Eder as the second team. In Excelsior Springs Marian Bailey earned first in women’s extempore and third in oratory, plus finals in poetry. Freshmen Lorraine Rawlings and Adele Weymouth tied for fourth in women’s debate, while Frank Bauder and Gordon Mindrum finished fourth in men’s debate.
Wilkes-Barre resumes daily paper publication after a six month CIO strike. Morning Record editor Robert W. Johnson and Evening News publisher John Hourigan, along with Evening Times Leader, sign with the International Typographical Union to restart Tuesday and Wednesday editions. Terms not disclosed.
A resolution of necessity for sanitary sewers near Johnson avenue NW and Nineteenth street NW was filed by the city council and will be heard April 20. City Engineer Frank Young said the city’s share is about $500 with owners paying about $150 per front foot, amid prior private lines and recent litigation.
Lost dogs and pets listed with rewards and contacts. Mixed breed poms and terrier noted. missing items include a blue purse and a standby weekly ad for services from local merchants. Notices encourage exchanges, moving services, watch repairs, and various shop offerings with contact numbers.
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