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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 24, 1939
Page
9
Market reports show hogs, cattle, and sheep prices in mixed, steady to lower ranges across Iowa markets. In Ottumwa, Waterloo, Mason City, and Chicago notes, hogs mostly steady as receipts and bids fluctuated. cattle prices largely unchanged and lambs softer in parts. Grain quotations from Chicago included.
Combined hog receipts at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for 48 hours ending 8 a.m. Monday totaled 27 800, up from 22 800 a week earlier and 29 000 a year ago. Prices ranged from 5.55 to 6.90 per hundredweight across weight classes with undertone fairly active and demand loading moderately heavy.
The market lists hog prices across weight ranges from 140 to 550 pounds. Prices range from 5.25 to 6.80 per hundredweight with varying bids by weight class. The figures show a broad price spectrum reflecting meat demand and animal size segments.
Sioux City cattle receipts 5 500 calves 425 beef steers and yearlings bids 25c lower many light cows down 25c stockers scarce prices mostly 4 5 0 to 4 8 0 for steers 8 7 5 to 9 0 0 heifers around 9 50 medium cows 6 00 to 7 00 stockers 4 5 0 to 5 5 0 hogs receipts 4 500 range 6 50 to 6 60 for 180 240 lb butchers 6 00 to 6 25 for 240 285 lb sows 5 65 to 7 75 feeder pigs around 7 00 sheep receipts 2 900 best fed wool lambs above 10 25 ewes up to 5 50.
Hogs were in fair to active demand with steady prices and load weights 249 pounds and up trading to 7.15. Cattle receipts 11 000 with calves and yearlings mixed. best fed cows scarce and bulls steady around 7 25. vealers down to 9 50. heifers and steers uneven with some gains on light runs. Sheep and fat lambs opened slow with bids around 10 to 10 25 and some lambs at 10 50 or higher.
Receipts at St Paul market total 4 590 cattle with slaughter steers and heifers mostly steady to lower undertone. Calves and beef cows mix steady to weak. Fat lambs saw buyers noting lower quotes while good to choice lambs held near last week’s closing prices. She ep receipts around 1 000 with limited early action and continued steady prices on sheep.
Salable receipts 5 500 hogs cattle and sheep mixed price moves. Hogs top 6 65 for certain weights with other ranges noted and steady to lower bids. Cattle and vealers show weak to steady trends with fed steers yearlings and beef cows priced across multiple brackets. Sheep demand slow with bids softer and early red wooled lambs above 9 75 to 10 25.
Hogs hold steady on the local market with top price at 6.75. Cattle prices slip about 25 cents as demand remains softer for the livestock section.
Commodities listed include wheat, oats, rye, barley, soybeans, hay, straw, and butterfat with varied price tiers. Poultry prices show colored hens and roosters by type, wholesale fruits and vegetables with multiple fruit prices, and a local hide market for beef hides, calves and horses with per-unit rates.
The New York Bond Review reports a gradual uptick in foreign government loans with gains up to about 3 points around midday while turnover stays light. Traders cheer the British ambassador’s Berlin return but curb action ahead of Chancellor Hitler’s Reichstag address. Manhattan Railways gains a point amid NYC Transit consolidation hopes. Some issues advance fractionally while U S governments lag.
New York AP report lists butter receipts 800366 with higher prices for creamery and extra grade, cheese receipts 191142 with steady state milk flats, eggs receipts 22701 varying prices, and mixed colors. Chicago AP shows poultry prices for live birds, butter receipts 836581 with weaker trends, eggs steadier, potatoes with on track supplies and diverse regional prices for U S No 1 and various brands.
New York stock action opened with mild gains as leaders rose briefly, then slipped into declines by close. About 400000 shares changed hands in a slow session, with bonds faring better and commodities mixed. Notable leaders included U S Steel and General Motors. laggards included Chrysler and Bethlehem. International markets in London Paris and Amsterdam were sluggish.
Wall St. stocks listings from J. E. Bennett & Co. note that Pennsylvania has more miles of improved highways than any other state in the Union.
Chicago board of trade prices edged lower as wheat and corn fell slightly on Monday. May wheat traded around 68% cents, May corn near 4814 cents, while oats also declined. Local shippers moved 25 000 bushels of wheat to mills and a Pacific coast cargo was sold to China. World shipments and U S. visible supply shifted lower, with crop news generally favorable and rain/drought patterns noted across the grain belt.
AP report from Minneapolis shows Monday wheat receipts at 148 cars, up from 83 last year. Trading basis for Minneapolis May wheat 5 under to 6 over, with No 1 Heavy Dark Northern prices 73 56 to 76 5. No 1 Dark Northern 73 5 to 75 5, fancy No 1 Hard Montana 79 5 to 80 5. No 1 Dark Hard Montana winter 72 5 to 84 2, hard amber durum 66 2 to 78 4, No 1 Red Durum 60 5 to 64 4. Corn No 3 Yellow 44 1 to 49 7, trading 2 under to 1 over. Oats No 3 White 27 7 to 30 3. Barley 30 fi 66. Rye No 2 41 4 to 49 5.
Chicago market bulletin lists cash wheat No. 3 at 70 2/3 cents per bushel, corn variations from No. 2 to No. 4, oats prices for white and mixed grades, Darley feed values, Timothy seed around 2.85 to 3.15, red clover 13 to 17, red top 9.25 to 9.75, lard tierces 6.37, loose 5.82 and bellies 8.37 per hundredweight.
Wisconsin cheese quotes for the week April 24 to 29 list daisies twins horns and cheddars with specific cent values. U S government bonds close with Treasury issues about 104.13 for 3 40 43 June and 100.28 to 108.6 ranges for other 3s and 4s along with Federal Farm Mortgage and Home Owners Loan issues.
New York AP president Robert McLean told the Associated Press directors at their 39th annual meeting that competing services gaining broadcasting demand threaten AP’s preeminence. He noted 1938 expenses rose by about 333000 to total around 11000000 and announced six directors to be renominated.
In Detroit Father Charles E. Coughlin lauds Buffalo Bishop John A. Duffy for advising Catholic youths to refuse service if the U S allies with Russia. He argues Russia seized vast Chinese territories and a huge population between 1920 and 1936 and claims the 1917 U S entry was driven to profit and gold, noting no protest until Japan acted.
Dr. Albert W. Palmer of the Chicago Theological Seminary urged a universal economic conference to address world ills at Coe College. He warned against hatreds, criticized economic boycotts, and called for global access to raw materials and markets while linking religion to hopeful universal solidarity.
Mrs. H. J. Weinberg, 60, of Clarksville suffered neck sprain and bruises when a line of cars halted for bicycles on Highway 218 south of Cedar Rapids. The Dickinson car was rear ended by a machine driven by Charles Postal of Cedar Rapids as bicycles caused the slowdown, the sheriff reports.
The Civil Aeronautics Authority raised the private pilot license age from 16 to 18 amid a new program to train 15,000 young pilots annually. Student permits remain available to 16 year olds to support maturation and safe aircraft operation.
Judge J. E. Heiserman admitted the will of Luther Francis Kepler who died March 1 to probate. The joint instrument with Madeline S. Kepler dated September 24, 1935 leaves the estate to Mrs Kepler, who is named executrix.
Judge J. E. Heiserman appointed L. J. McGinness as operating receiver Monday in a $2,600 contract action. Plaintiff J. C. Petrovitsky of Cedar Rapids filed the petition against W. A. Sharpley doing business as Sharpley’s 5 to $1 Store of Grundy Center.
Plaintiffs M. Unzeitig and J. E. Unzeitig bring a civil action against E. C. Light doing business as Gene Light Pontiac company for a $1,200 note and related chattel mortgage claim.
State treasurer files receipt for 592.72 as full payment of inheritance tax with Court Clerk Ed Lundquist.
Eugene M. Stone a Cedar Rapids farmer retired church and school board leader died at 111 Twenty fifth Street Drive SE after a month illness He was born January 21 1864 near Springville married Nellie Plummer January 18 1888 Survivors include two daughters four grandchildren and a sister Burial at Cedar Memorial Park Chapel service Tuesday with Rev Charles Bridges assisted by Drs E Winslow Brown and W M Evans Honorary pallbearers listed.
Frank Hronik who died Saturday at his home 114 Sixteenth Avenue SW will have services Tuesday at 9 a.m. in the Barta chapel and 9:30 a.m. in St. Ludmila's church with Rev. Frank R. Hruby officiating. Burial follows at St. John's Cemetery. He was a pioneer musician in the community for fifty years and a former member of the Kouba band and the American Federation of Musicians.
John E. Faltis former Cedar Rapids resident died Sunday at his Sleepy Eye Minnesota home. Born October 18 1881 he married Emma Marek on October 28 1908. Survived by wife two daughters mother three sisters and four brothers. Body returned to Cedar Rapids for funeral Wednesday at 2 30 p.m. in Barta chapel with burial at Bohemian National cemetery. Friends may visit chapel Tuesday 7 to 9 p.m.
Joseph Stodola age 73 died in a local hospital at 11 30 p m Saturday after a lingering illness He was born in Bohemia Sept 28 1870 and came to the United States at age 13 to live with his uncle and aunt in Chelsea He resided in Cedar Rapids for 45 years Survived by wife Mary a brother John Palo three sisters Mrs Josephine Sramek Mrs Adolph Nemec and Mrs John Vavra all of Cedar Rapids and several nieces and nephews He belonged to Karel IV Z C B J and Matice Skolska The Polansky chapel will conduct funeral services at 2 p m Tuesday Burial will be in Oak Hill cemetery Pallbearers will be members of the Z C B J lodge
Mrs. Louisa A. Rogers, 78, wife of Noah M. Rogers, died at her home 1126 First Street SW after a prolonged illness. Born September 1, 1860 in Russellville Indiana she moved to Cedar Rapids at age nine and resided there since. She belonged to Trinity Methodist church and Home Rebekah lodge No. 79. Surviving are her husband and two daughters Mrs. Gertrude ...
Kimbro Mrs. Leo H. Meyers and a son Glenn A. Rogers with four grandchildren and a great grandchild, all of Cedar Rapids, plus a sister Tilie Lynder and brother Frank Grimes of Seattle. Moon chapel service at 2 30 p.m. Tuesday conducted by Rev Elton D Wells. Burial Cedar Memorial park. Friends may call at the chapel.
Edward W. Gurren of 1615 Fourth avenue SE died in a local hospital at 10 50 a m Monday after a short illness. He was born in Newark New Jersey on April 29 1855 and came to Iowa as a boy. He lived in Cedar Rapids until 1935 moved to Chicago and returned here last Saturday. Surviving are eight children Gertrude Ruth and Leo at home Mrs T M Mc Namara Chicago Mrs Harry S Williams Seattle WA Thomas J Des Moines Joseph H Jean nette Pa William E Pasadena CA six grandchildren and a sister Mrs Mary Holloway Marshalltown. Funeral plans will be announced later. Body is at Monahan funeral home where friends may call Tuesday evening.
Nellie O'Donnell Schluntz 72 of 812 G avenue NW Cedar Rapids died Saturday at her daughter Emma Monahan's home in Omaha after visiting. Born April 2 1867 in Toulon Illinois she married Henry Schluntz July 31 1893 Hemingford Nebraska. Funeral Tuesday 9 a.m. in Plattsmouth Nebraska Catholic church.
Oscar Erland aged 62 of 1367 Twenty-first Avenue SW Cedar Rapids died at Linn County Home at 7 a.m. Monday after a lingering illness. Survived by wife Margaret son Roy Erland and grandchildren Robert and Jane Erland all of Cedar Rapids. Body at Polansky chapel pending funeral arrangements.
Cedar Rebekah lodge No. 494 will meet Thursday at 8 p.m. in the K P hall. Refreshments and a social hour will follow. The South Side Civic club meets today at 7 30 p.m. at C S P S hall. Officers will be installed. A sewing circle meets Tuesday at Sokol hall. Mrs Juanita Burts is recovering at home after two weeks in hospital. Two Walters brothers left for Grand Rapids to attend a funeral. The library hosts a story hour at Sixteenth Avenue station Tuesday at 4 15 p.m. Miss Marcella Klein will tell the story.
The Valley camp R N A will meet Wednesday at 7 p.m. at Odd Fellows hall 838 First avenue E for a special business session and practice. All officers are asked to be present. The meeting will be followed by a card party and refreshments.
Cyril Kegler president of the Bishop Stoddard Cafeteria Company is appointed to the cooperative advertising committee for National Restaurant Week covering May 8 to 14. The announcement was issued Saturday.
United States deputy marshal Joseph Petrus and assistant attorney Walter Hutchinson traveled to Dubuque for a federal court appearance. Petrus stopped in Waterloo on the way to transfer two prisoners.
Six grass fires Monday fore noon kept local fire companies hustling. Firemen used special mops made of old hose and broom handles to control the grass fires, a perennial menace in the spring and fall before and after the grass turns green.
Charles Montanaro of 3224 Carlisle Avenue NE filed schedules to support his bankruptcy petition submitted a week earlier with the deputy clerk of the federal court. He lists assets of 3305.27, liabilities of 2475 and exemptions of 1650.
Members of the manufacturers bureau of the Cedar Rapids Chamber of Commerce will meet at 7 30 p m Monday in the Chamber. A smoker will follow the meeting.
Hose Company No. 3 answered three of six grass fire alarms on Sunday. Firemen spent 17 minutes at 11 19 a m controlling a blaze, then fought grass for 1 hour 21 minutes starting at 1 59 p m, and returned at 4 33 for 2 hours 2 minutes.
Light oil improves engine performance but aerates quickly. This requires stricter crankcase supply checks than when using heavy lubricant.
Dr. Malcolm T. MacEachern of Chicago, president of the International Hospital Association, told a Rotary Iowa Hospital association luncheon that hospitals fight disease around the clock. He cited gains against diphtheria typhoid and pernicious anemia and noted rising patient admissions and lower death rates as science advances. He urged budgeting for illness and praised doctors serving the poor.
President Roosevelt told visitors that as long as he remains in office the United States will not send troops to Europe. He stressed staying out of war while pursuing measures short of it to aid France and Britain. Officials say he may limit any war involvement to naval air and economic actions if Congress declares war, warning against a European blood bath.
The Vatican reports the death of Domenico Cardinal Mariani, treasurer of papal ministries, from a heart attack Sunday night. His passing reduces the college of cardinals to fifty nine members, eleven fewer than full membership.
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