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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 29, 1939
Page
9
Chicago and Midwestern livestock markets show hogs steady to 10 cents lower with fair activity. Cattle and lambs mostly steady. receipts remain high with mixed demand across regions including Omaha and Des Moines plus major packers. Prices vary by weight class and region, top hogs around 6.00 to 6.60 in some markets.
Feeder pig prices quoted for 34 7545.25 with 190 to 270 lb ranges noted. Slaughter lambs and wooled lambs show steady to firm bids with early fat lambs around 9.00 to 9.10 in some lots. Receipts describe scarce salable stock and varied weights from 86 lb fed lambs to larger hogs and sows priced across multiple brackets.
Local hogs advance across all grades Friday as prices rise to a top of 5.25 per hundredweight. Cattle market shows steadiness with various hog and beef grade listings and weights, including good hog ranges from 149 to 270 pounds and packer quotes up to about 5.15 to 5.90 per hundredweight.
Grain and produce prices listed for Cedar Rapids including wheat oats barley rye soybeans and buckwheat with prices per cwt bushel and pound. Dairy butterfat and cream prices noted. Poultry prices for hens springs and other birds included with miscellaneous hides and animal products pricing.
New York bond traders closed the year’s last full session with brisk bidding and higher prices across railroads utilities and many industrials. U S government issues drew lighter action while a Louisville and Nashville refunding issue of 60 million gained on the market. Key issues included Illinois Central 4 5s 4 3 4 5 Nickel Plate 4 5s St Pauls 5s International Telephone 5s Commonwealth Edison 3 2s and Northern Pacific 6s with Latin American bonds like Chilean 7 8 advancing.
Chicago and New York markets report varied prices for eggs butter and cheese with receipts showing shifts in creamery items and fresh graded eggs. Notable items include caramelized creamery prices up to 39 1 2 cents and mixed egg classes around 20 to 24 cents per dozen, while potatoes and potatoes shipments show light demand and mixed color costs.
New York reports show reinvestment purchases offset tax selling with some gains across many issues. Transfers ran around 1,000,000 shares for the third straight session as favorites including Sears Roebuck Montgomery Ward American Airlines and General Motors posted advances while several names faced selling pressure.
Adams Express and Allied Stores lead a mixed session with values listed across sectors. Major bankers and manufacturers such as General Electric, Dow Jones components, and national firms show gains and losses in a sprawling price table reflecting broad activity on the exchange.
Wheat prices rose on the Chicago board amid new Argentine crop cuts. late selling trimmed early gains, closing near unchanged. May at 1.03 3/4, corn mixed around 5.845, oats up to 38 1/2, rye down 0.75, soybeans fell to 13.54. Winnipeg and Minneapolis markets showed strength on export sales. Local cash details and regional quotes follow with mixed results across grains.
Domestic wools moved slowly on the Boston market with few inquiries for Medina wools and limited spot sales. South African Merino prices held steady, with occasional orders for Merino wools to be imported from Australia and South America. domestic quotas remained largely nominal due to thin trading.
Overruling an application by Raymond Palmer to modify a divorce decree the court ordered $10 monthly child support payments for an infant daughter starting Jan 1 Hearing held Dec 18 The case note mentions further dismissals in other civil matters and a separate pursuit in a breaking and entering case with morphine tablets involved The piece closes with a historical note on Arizona's first newspaper in 1859.
Receipts at the local post office for Dec 16 to Dec 25 rose to 29 057 47 in 1939 from 27 046 81 in 1938, a 7 43 percent gain. The rise marks the best percentage increase since 1934, with 1937 a previous peak over 1936.
H R Peters Cedar Rapids Illinois Central agent was chosen president of the Railway Agents Association. F W Houston Milwaukee agent named vice president E R Petro Waterloo Cedar Falls and Northern agent elected secretary W H Presler western weighing and inspection bureau treasurer. Committee appointments listed with chairs and members.
Advertisement rates show minimum two lines with five words on first line and six on each additional line. Prices vary by length from one to six lines with add-ons per line. Out of town ads cost a 10 cent extra and must be prepaid. Ads accepted until noon for same day and 8 pm Saturday for Sunday Gazette.
Various classified notices list lost fraternity and sorority pins at Armstrong store with rewards, pets described as English setter and fox terrier, contact numbers 3-2596 or 2-3053, TM id A. Rapaport. Local merchants advertise Kleen-Aire odor eliminator, pharmacies, watch repairs, rail watch bargains, and moving services. Also listings for beauty shops, cleaners, and furniture movers with address details and prices.
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