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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 08, 1939
Page
5
Chicago and regional livestock markets show hog prices down as much as a dime near closing. Cattle trade weak to lower with spring calves and fed steers steady to lower. receipts and selling pressure mix across Des Moines Sioux City and Omaha regions.
Market report from Lamson Brothers shows cattle hogs and sheep bids in Cedar Rapids and Chicago. Yearlings $950, hogs 1040 1160 pounds around 9.10, sows and slaughter weights steady to lower. sheep steady with feeder lambs $0.80 per pound range. Early bids mixed with slight declines in some categories.
Hogs are weaker on the local market with light hogs discounted and higher grades down five cents. Top price down to $6.15. Cattle steady overall but bulls and cross cows weaker. Markets show varied notes for hogs 140 to 490 pounds and cattle yearlings and cows with mixed quotes across weights and grades.
Grain prices list for Cedar Rapids shows No 1 and No 2 wheat at 55 2 3 cents, oats 25c and 23c, corn shelled 39c, soybeans 64c, with hay straw and produce values. Poultry and eggs quoted by weight, fruit and vegetable prices posted, hides and dairy products included, and horse and pony hides noted.
Markets detail steady to fluctuating butter and egg receipts in Chicago with potatoes and other produce showing varied prices. Oregon Idaho and Washington listings highlight Bliss Triumphs and Lone Whites with notable ranges, while New York and Wisconsin figures mirror unsettled dairy and cheese standings. Washington reports Merle Cochran tapped to lead a $2 billion exchange stabilization fund manager role in Paris.
New York markets opened with a tentative rally but quickly failed to sustain momentum. Initial gains evaporated as many stocks ended with fractional moves or declines, with turnover around 450,000 shares and notable weakness in Goodyear and other major names.
A market wrap of daily stock prices and quotations featuring Adams Express Alaska Juneau Allied Stores Johns Manville Anaconda Copper Kennecott Kayser Julius American Can Am Iron Ore Co Omnicon etc with numerous industrials including Union Carbide General Electric Boeing and American Oil listed among prominent movers and price points across sectors and regions. The column shows bid and ask levels and notable shifts in price for numerous corporations across finance mining and manufacturing.
Wheat declined fractionally on the Chicago board amid lower foreign markets and better Canadian crop weather with oats mixed. Corn steady to down small, markets report rains across the Canadian spring wheat belt and Winnipeg Liver pool drops. Minneapolis edges lower. Locals noted strong buying of futures and a 100000 bushel cash corn loading space was chartered for Tuesday with 91900 bushels purchased.
Market notes show Winnipeg wheat quotes and cash grain tables with No. 2 hard and yellow varieties, corn and oats prices, and Minnesota Minneapolis futures data. It lists positions, bid offers, and specific prices for wheat, corn, oats, barley, and seed timothy and clover.
Wisconsin cheese quotas for Aug 13-20 show price changes with cheddar at 12 to 14 cents and other varieties varying. Wool markets were slower overall with modest business at firm prices. French combing wools and terrritory wools traded around 67 to 71 cents scoured, while free wool quotations remained largely unchanged.
New York bond trading opened uncertainly with gains confined to small fractions. Warren Bros rose after a Senate move to discuss a bill settling default on treasury obligations, while others like Delaware and Hudson Refunding and International Telephone advanced modestly amid mixed government issues and East Asia news.
Harvard law professor Dr. James Landis told witnesses that conspiracy claims must tie to government officials and that public belief that an alien is undesirable is not enough for deportation. He noted a key difference between undesirables and those who advocate force or violence.
Deputies traced a 1930 Chevrolet linked to a July 29 assault on Bernice Waverka near Cedar Rapids and arrested Harold Northrup after a warrant for breaking and entering. Separate cases include Springville Savings Bank report showing cash on hand and disbursements, a Sharpley store receivership final, divorces filed on cruel grounds, vandalism at a local school, a child desertion charge, and a drunken driving defendant posting bond.
Robert Hewitt of 1513 Seventeenth Avenue SE was jailed for three days for not paying a 10 dollar fine from Justice H. R. Churchill nearly a year earlier. He had been convicted on October 15, 1938 for operating a truck with improper Missouri plates and a suspended portion of a 25 dollar fine. He was released on promise to pay the balance.
Classified items include announcements from An derson Monuments 1029 3rd Ave E and a farmer listing a black heifer. Lost items mention a locket and chain near Trinity church and 8th Ave 9th St W, a yellow gold watch, a Keen sake request, and a fountain pen with Keepsake Reward offers. Contact numbers provided.
The Dies committee announced it will resume hearings on subver sive activities on August 16 in Washington. The panel aims to continue investigations into alleged subversion and related activities.
Senator Edward R. Burke of Nebraska sharply challenged President Roosevelt’s claim that his Supreme Court objectives had been achieved. Burke argued the plan sought to enlarge the court to appoint judges aligned with executive and legislative will and to pressure the judiciary, a move repudiated by Congress and the nation.
Listing of used cars including a 1936 Buick Special Touring Sedan in rich black with radio heater and general trim at $540. A 1937 Oldsmobile 62 donor touring sedan with 26,000 miles, radio and heater at $575. A 1937 Packard 6 with 33,000 miles, radio, defrosters, and dealer accessories at $340.
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