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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 12, 1939
Page
18
Chicago stockyards report modest hog trading with prices steady to 10 cents lower. Cattle and sheep show mixed strength with cattle steady to weak and sheep fully steady. Representative sales list various steer and cow lots with prices and weights. hogs top around 7.40 and other weight classes shown.
Prices for grain including No. 160c and No. 58c wheat, No. 3 soybeans, and yellow corn. Hay and straw bids, butterfat and cream prices, poultry rates, wholesale frost vegetables, citrus, celery, lettuce, onions, cabbage, carrots, tomatoes, New potatoes, potatoes, sweet potatoes, hides and calf prices, and horse values. Includes miscellaneous goods and phrasing on manes and tails.
Salable hog receipts 4 000 opened slow to lower with weights 259 lbs down yet bulk sold later on active market at steady to strong. Top hogs $6 90. 170 250 lbs $6 40 6 50. Cattle receipts 4 000 fed steers yearlings opening slow to steady. Beef cows and cutters varied. vealers $9 25 11 25. Sheep receipts 9 700 fat lambs lower around 25 cents. best around $19 00. fed wooled lambs around $10 00. ewes above $6 25. Market tone steady to lower across offerings.
Incoming cattle receipts reach 2 000 calves and 3 500 cattle at Sioux City with prices varying by weight and grade. Beef steers and yearlings show uneven quality but higher fat cattle active, calves and stockers mix steady to firm. hogs strong to 6.50 per cwt and sheep market modest with fat lambs around 9.75 per 100 pounds. Regional reports from Ottumwa Mason City and Austin list fluctuating bids and by weight pricing across multiple yards.
Combined hog receipts for 24 hours ended 8 am Wednesday at 20 yards and 10 packing plants in interior Iowa and southern Minnesota totaled 19 290, up from 16 600 a week ago and 11 200 a year earlier. Prices for barrows and gilts ranged with weights from 140 to over 250 pounds, modestly lower than the prior day.
Hogs show a 5 cent drop across all grades on Wednesday, top price listed at 695. Cattle market remains steady with various weight categories and cattle types priced. sheep and calf markets show mixed figures with discounts noted for some weights.
Wisconsin cheese quotations for the week of April 10 15 listed by the exchange with twins 11 4c daisies 1113c horns five cheddars 11 1 2 c. Farmers call board daisies 142c horn 114k cheddars 114c.
In Boston the wool market was dull with buyers staying in touch but not bidding for large lots. Spot quotations showed little change amid weak buying interest. In New York sugar futures saw more buying for speculative and trade accounts with the noon price level mostly unchanged. May held near 1.24, London reported strength, while May and September in domestic futures eased slightly. Raw sugar duty free at 2.92 cents with 2.90 bidding, refined market unsettled with 4.30 to 4.40 cent ranges.
New York bond market broad advance with foreign dollar loans rising. Rail issues rally as mid session yields advance, with Nickel Plate and Pensylv a nia General among leaders. Central European loans gain while industrials and utilities show solid increases. Government bonds close higher with Treasury and Home Owners Loan issues mixed.
Markets show mixed prices across poultry butter eggs and potatoes with steady receipts. Poultry receipts one car 26 trucks. butter eggs firm. potatoes arrivals sixty one on track to total U S shipments, Idaho russets and Colorado reds listed with U S No 1 ratings and price ranges. demand described as slow or very slow with liberal supplies.
AP reports New York produce receipts at 38 433 mixed colors extra fancy 19 percent. butter receipts 840 164 steady with creamery butter up to 24 Per pound. Cheese receipts 243 988 with prices unchanged.
The New York stock market rose briskly as fear of war decreased on Wednesday. Many stocks gained one to four points at the peak before late selling. Trading was about 1,100,000 shares with corporate bonds joining the rebound led by American Gas and Electric, Aluminum of America, Gulf Oil and Lockheed.
A dense list of stock quotes and company names appears, detailing various prices for corporations such as Amn Co, Lehigh Valley, Libby Owens, Anaconda, Boeing, Procter Gamble, Coca Cola, General Motors, and Union Carbide. The page shows multiple lines of tickers and figures, reflecting a market snapshot with numerous abbreviations and numbers.
Wheat prices stayed in a tight band near prior settles as European developments weighed. May wheat at 68 34, corn and oats largely steady, with Liverpool and Winnipeg notes and local shippers active. rain, snow, and Kansas cold sparked cautious crop outlook.
Rollo S Pickford of Cedar Rapids area urges backyard camping as ideal summer activity for Cubs. At a cubmasters roundtable in Roosevelt hotel, he says larger programs should be run by packs. Charles Young Jr Pack 29 presented crafts as plans for area Scout circus events on April 28 and 29.
The Cedar Rapids area probate reports three wills. Robert Palmer who died March 30 left 10 English pounds to sister Sarah Palmer and the rest to wife Katherine C. Palmer who is executrix. Bessie Bird Higgins died March 10 with aunt Bessie Moore Flannery and friend Helen Adams Guess named executors and heirs. John Hamilton Miller died March 20 with Ruth R. Miller named sole legatee and executrix. will dated January 5, 1934.
Slavia Realty Co asks the district court for a specific performance decree to enforce a lien on 22 shares allegedly transferred from Charles Marousek to his father Frank Marousek. The suit, filed after Charles died on December 18, involves defendants Irene Marousek Mary Jane Marousek Ida Petrus Agnes Novak Georgia Wavro and Frank Marousek. The petition says an oral agreement dated December 29 promised an automobile and $600 in settlement. the car has been delivered but the cash remains unpaid.
Judge John T. Moffit freed Fred Fite 58 of Cedar Rapids from the county jail citing ill heart condition. Fite had a four month sentence begun Feb 24 with a suspended term and confinement deemed inadvisable due to his illness.
Indeterminate seven year term possible on two counts of cheating by false pretenses for Frte who allegedly took about 5500 from farmer Adolph Gustafson near Covington to support a racing stable. Baxter facing two counts of uttering forged instruments with bond set at 1500 each after arrest over two counterfeit checks. Laughlin gets six months for larceny from a building with suspended sentence pending good behavior after 30 days. Police tied to alleged theft of spectacles from McLellan store. Sheriff seeks missing John Clements, 16, last seen with 19-year-old Calvin Longerbeam after they left Mount Vernon en route southeast of Lisbon.
A $5,000 personal injury suit by Sarah Libby of Johnson county against Lucille Burtovsky was settled and dismissed before Judge J E Heiserman. The court entry shows Libby receives $500. The collision occurred May 29 1938 on highway 218 near Iowa City involving a car driven by Mary Staggs with Libby as passenger and an orchestra bus owned by Burtovsky.
Viola Mae Shepherd filed for divorce on Wednesday claiming custody of a daughter, child support, temporary alimony of 250 dollars per month and permanent alimony of 5 000 dollars. The couple married June 10 1935.
Dr. F. J. Naibert leads 25 to 30 local fishermen in requesting Gov. George Wilson allow reopening of the Kepler Palisades state park service road. He argues it is essential for access to the river below the dam where no fish ways exist. A conservation official said the road was never intended for public use and would be hard to maintain, with a parking lot nearby already.
Frank Stocker 25 received a four months leave of absence from a 60 day jail sentence for driving while intoxicated. Judge R W Hasner granted the recess to plant and tend his crops and return August 15 to serve the remaining 30 days. In Texas the Dallas Fort Worth highway saw 24 deaths in 1937 but only four in 1938 after patrols were increased.
Announcements list automobile transport references needed and reader exchange. Gold buying by Katz Jewelry and Loan at 112 First St SE. Reward offered for arrest of false pretenses. Watch repair and servicing advertised with guarantees. Van lines and moving services nationwide. Numerous ads for fish gear, real estate items, and beauty services across multiple locations.
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