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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 12, 1938
Page
10
Hogs at Chicago stockyards were nearly steady in slow trading on Friday. Official estimates show 6,000 hogs and 2,500 directs with top at 8.75. Cattle totals reached about 1,000 while sheep totals ran 9,300 with Chicago at 7,000, markets generally steady to firm in several districts.
A dense catalog of prices for grain, produce, meats, and farm items in Cedar Rapids. Includes wheat, oats, corn, soybeans, hay, butterfat, hens, leghorn varieties, wholesale fruits and vegetables, celery, lettuce, onions, cabbage, carrots, potatoes, sweet potatoes, peaches, pears, cantaloupes, watermelons, beef hides, calves, kip, horses, and pony glue values with unit notes and term references.
U S Department of Agriculture market data shows hogs receipts near 1,000 with large direct sales and prices up to 875 for 190-240 lb and 810 for 250-260 lb. Cattle receipts around 1,000 with mixed loads, vealers firm, and calves around 1075 to 11.00. Sheep receipts about 7,000 with active demand and lambs priced 8.35 to 6.50, ewes to 13.50.
Receipts total around 1,700 hogs with top price 8.35 for 190 to 240 pounds and varied quotes for other weights. Cattle receipts near 900 with steady demand noted for fed steers and cows, vealers and stockers steady. yearling prices around 600 to 610 dollars. Sheep receipts about 6,000 spring lambs with strong demand in other killing classes and various feeding lamb prices listed.
The Associated Press reports hog prices largely unchanged across ULMWA, Mason City, and Waterloo markets. Hog prices remain steady as core pork values show no significant movement.
St Paul cattle receipts 2,500 with steers and cows showing small declines. hogs 6,000 with barrows and gilts steady to 10c lower. sheep 1,000 native and spring lambs mostly steady to good. Beef and pork values listed with ranges for grades and weights.
Sioux City livestock report shows cattle receipts around 600 with calves and yearlings steady to up, few high bids for choice steers and yearlings up to 11.00, short fed cattle down to 800 and below, hogs 1,200 receipts with top 8.50 for 180-240 lb, sows 6.50 to 16.70, sheep receipts 1,200 with spring lambs steady and native lambs around 7.75 to 8.00, feeder lambs slow and mostly 3.25 down.
Iowa 0G Combined receipts for 24 hours ending Friday show 9 800 head across 20 yards and 10 packing plants in interior Town and southern Minnesota, down from 14 200 a week earlier and matching last year. Prices steady to 5 cents higher for Thursday spots, market active with tighter loading than prior week. various weight ranges quoted from 140 to 550 pounds with values from 5 20 to 8 35 dollars per cwt depending on weight and cut.
Local market reports show hogs steady with top at 8.10 dollars. Calf and lamb markets mixed with ranges from 8.50 to 8.00 and 75 to 90 pounds for lambs. Cattle prices vary by class with steers and heifers mostly steady to lower, indicating overall flat activity across beef grades and weights.
New York bond traders noted weakened sentiment as early Friday trading showed 1 to 3 point moves with corporate issues leading declines. A sharp stock selloff and reports of rising political tension in Central Europe weighed on risk assets while U.S. Government bonds showed modest gains and listed prices.
Misc Wisconsin cheese quotations and the Plymouth cheese market report show weekly prices, with cheddar and other cheeses listed. Wool prices in Boston edges, sugar market in New York flat with futures mixed, refined sugar steady. Foreign exchange in New York shows pound and franc volatility amid continental political concerns with noon rates for major currencies.
Market notes from Chicago and New York show varied livestock and dairy activity. Poultry receipts 39 trucks with hens steady, chicks weak. leghorn broilers over 2 pounds. butter receipts 1,631,072 steady. eggs 8,562 steady with fresh trade. potatoes arrivals 63 on track 176 total US shipments 301 dull. California White Base US No 1 1.80 to 1.85, Oregon Bliss Triumphs US No 1 1.30?. New York egg and butter prices mixed with steady overall tone. cheese receipts 253,144 quiet and unchanged. overall market readings indicate mixed demand and price stability in several lines.
Elmer A. Hospodarsky, 29, of Fairfax, and Marion Tharp of Hopkinton, have been issued marriage licenses.
New York AP reports the stock market faced war nerves with early losses over three points but late buying trimmed the decline. Traders covered amid fear of a weekend military outbreak at the Czechoslovak border. Gold hoarding abroad and a London price spike underscored unease while currencies fell and foreign markets stayed uneven.
Wall Street list of stocks and quotes published by Bennet and Co. shows prices for Adams Express Alaska Junean Ide Alleeheny etc and closes with Chicago and New York stock listings. Names include Johns Manville American Telephone and Telegraph Anaconda Copper and many others with share values and market activity.
Weak Canadian market and hedge selling pushed wheat to new lows on Friday with all futures closing mixed. September wheat near 62 cents. corn up about 1 cent. oats steady to off a few cents. Winnipeg downturn sparked selling. crop reports hint Canadian yield larger than expected. export buying supports corn. Chicago cash grain lists No.1 hard white 65 1/2 to 66 cents, No.2 yellow corn 52 1/2, oats No.3 20 to 24 cents.
Judge H C Ring granted the Metropolitan Trust Company of Chicago a portion of the $63,000 from an execution sale of a Century Building trust indenture on the Paramount Building. The trust company, as successor trustee, seeks a 411,500/417,500 share of the proceeds.
Judge H C Ring granted Naomi Johnson a divorce from Montrose F Johnson funeral director on her cross petition alleging cruel and inhuman treatment. The couple married in Cedar Rapids April 18 1936 and property rights were settled by stipulation. Lucille A Murphy granted a divorce from John R Murphy on a desertion charge. they married August 10 1925 and lived together until 1936 with property rights settled by stipulation.
Japanese air forces launched a heavy bombing on Hankow signaling a major offensive in the Hankow Wuchang Hanyang tri city area. Casualties from two days of raids estimated at about 400 killed and 800 wounded with blocks along the Yangtze River destroyed and refugees fleeing the northern sector. Incendiaries set fires in gasoline tanks near foreign interests including the French concession and Italian consulate.
Earl North of the state wildlife committee told High Twelve members on Friday that conservation programs must stay free of politics. He warned that political choices create inconsistency as agencies order restoration or demolition, urging restoration of resources built by nature over centuries, damaged by dams and similar actions.
Lyle N Warren longtime civics and general science teacher at Marion high school was chosen as principal to succeed Delbert Pugh who resigned. Warren, Drake University graduate, is married with two children. The board also elected Leslie Miller and Alfred E Pantry to new teaching posts in history math and science with coaching duties.
Gerard Richard nine year old American citizen separated from his Canadian mother Maxine Richard father and sister Irene ten as immigration officials deported family to St John New Brunswick. The boy, penniless former WPA worker, was sent to Gardner infirmary awaiting placement in an orphanage after farewell to his family.
Senator Walter F. George, denounced by President Roosevelt as a dyed in the wool conservative, announced new renomination plans in Atlanta. He declared the party is not a one man party, but for the great rank and file, and said Georgia voters would fight to prove they can run their own affairs.
The White House announced that President Roosevelt will deliver a 15 minute radio broadcast from 8:30 to 8:45 p.m. CST Monday night to mark the third anniversary of the social security law. The speech will reach the nation nationwide.
Robert Suhay and Glenn Applegate were executed at the Leavenworth federal penitentiary for the murder of FBI agent W. W. Baker. The double execution marked the first in Kansas in over seventy years. Witnesses included H. N. Baker, father of the slain agent, and his 18 year old son, B. B. Baker.
Donald Pitts and Roland Wright left Saturday for a Chicago weekend. Elmer A. Hospodarsky of Fairfax and Marion Tharp of Hopkinton wed Thursday by Justice H. R. Churchill. Robert Nelson, son of Mr. and Mrs. Charles Nelson, 408 Ninth Avenue SW, to return Friday after a month at the C.M.T.C. Fort Des Moines. Merle Hennessey fined on two counts by Justice Churchill for operating a truck without a chauffeur license and for an improperly equipped truck.
Harlan Price, 27, of 352 Twentieth Street NW, sustained a laceration on the ring finger of his right hand while working at the Peterson Baking Company around 8 30 p.m. Thursday. He received first aid at St Luke's Hospital and was released.
Members of Post 788 VFW and auxiliary with families will hold their annual picnic Sunday at the picnic grounds one block south of Hawkeye Downs on Sixth Street SW road.
Gale Schwartz a 16 year old of 226 H street NW was in the county jail Friday serving three days for disturbing the peace. Seventeen days of the sentence were suspended by Justice of Peace H R Churchill on good behavior.
Robert Smith 21 of 417 Seventh Street SE was arraigned on a statutory charge, waived to the grand jury before Justice of the Peace H R Churchill Thursday, and released on a $1000 bond after arrest by Constable Bill Fleming.
A regular Cedar Rapids Elks meeting is set for 8 p.m. Friday at the club rooms with balloting on five membership candidates. A social session with refreshments will follow. The next outdoor stay is planned for Thursday, August 25.
Oscar Honzik of Moline waived to the grand jury and was released on 500 dollar bond after being arraigned Thursday before Justice H R Churchill on a charge of desertion and abandonment of a minor child. The complaint was filed by Lucille Honzik, from whom he was divorced on April 24 1937.
Members of the Cedar Rapids and Marion Coal Dealers association will hold a picnic on Monday. The gathering aims to strengthen relations among local merchants and discuss cooperative efforts.
Afternoon and evening at the Marion golf club feature golf from 3 p.m. and a 6 p.m. dinner with entertainment. National City Lines Inc hosts a picnic for Street Electric Railway and Motor Coach Employes union No 638 and families at Frank Bena farm five miles east of Cedar Rapids on highway 30. About 250 attending include several company officials from Chicago.
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