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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 27, 1939
Page
4
Chicago dispatch reports Tuesday live stock receipts lower than forecast with cattle 6000 hogs 14000 sheep 12000. Hog prices declined 15 to 25 cents while steers and yearlings held or fell up to 25 cents and sheep remained steady.
Chicago and Omaha markets list hogs cattle and sheep activity with receipts around 10 000 to 13 000 in Chicago and 4 500 to 7 000 in Omaha Prices move down 10 to 25 cents on hogs and lighter declines on cattle and sheep Strong premiums noted for best fed steers and vealers while slaughter cows and some counts show weakness Buyers and packers active on local and shipper accounts with variable demand and steady to higher sheep values for top fat lambs and bred ewes
Receipts total 3 500 cattle with steers around 800 to 950 dollars and heifers 700 to 850. Beef cows 550 to 650, low cutters 425 to 525. Calves 1600 with good to choice at 900. Hog receipts 5 000 with barrows 200 to 240 pounds 730, 250 to 300 pounds around 725, sows 66 to 70. Sheep 6 900 with fat lambs around 890 to 875 and general sales higher on fat lambs.
Across Ottumwa Mason City Waterloo and other areas hog prices moved down by about 15 cents for various weight ranges with bids ranging from around 5.60 to 7.75 per 100 pounds. Receipts were steady and packer quotes showed softer demand while cattle tone remained steady with a wide spread between grades.
Combined hog recalls at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the 48 hour period ended 8 am Monday show 431,200 head, down from 455,000 a week earlier and 295,000 year ago. Barrows and gilts listed by weight with prices ranging from 72.54 to 66.15 per cwt.
Austin Minnesota AP report lists hog price ranges by weight from 140 to 350 pounds. Ranges include 140-150 Ibs at 6.10 to 6.20, 160-170 Ibs at 6.00, 170-180 Ibs at 7.20, and 250-270 Ibs around 7.18, with packing sows 275-350 Ibs at about 6.45 to 6.75 and heavier 425-550 Ibs at 6.25. The data reflects market variations among weight classes.
U S Department of Agriculture reports cattle receipts 3,300 with 150 calves salable. Steers and yearlings mostly steady with some 100 to 115 cents lower for common stock. cows and heifers steady to strong. Hogs receipts about 6,000 with market 54 to 115 cents lower. shipping demand narrow and limited.
Report shows top hog prices at 7.80 to shippers for odd weights, 170-240 lb at 765 per 100, 240-270 lb around 2606c7.65, with heavier weights declining. Sows mostly 6.50 to 6.85 in feeders up to 8.00. stags around 7.0. Sheep receipts 5,700, fat lambs limited, general undertone firm. good fed wooled skins near 8.85 to 9.00 and higher, fat ewes steady. western fat cattle quoted to 4.75 atop.
The Cedar Rapids market lists mixed grain and produce quotes. Wheat No 1 60c No 2 58c. new oats White No 2 25c No 3 22c. rye No 3 30 33c. barley No 3 30 41c. corn shelled No 2 yellow 39c No 3 yellow 37 42c. soybeans No 2 yellow 17 2c. Hay and straw bale prices, butterfat and cream quotes, poultry prices for colored hens leghorns and stags, wholesale fruits vegetables including lemons oranges celery onions cabbage carrots potatoes sweet potatoes, and hide prices for beef hides calf kip and hair.
Local market report shows hog prices dropping 15 cents for prime hogs with good packers down a dime. Cattle values hold steady across weights while sheep and lambs priced per weight class.
New York bond prices rose modestly in active trading as rails led gains. Illinois Central 4 3/4, Great Northern 4 1/2, Delaware and Hudson Refunding 4s, Missouri Pacific 5s, Southern Railway 4s, and New York Central 5s advanced. Utilities were uneven with International Telephone 5s and Columbia Gas and Electric 5s up, Western Union 5s and American Telephone 3 4s down. Bethlehem Steel 3 3 1/4s and Youngstown Sheet and Tube 4 1/2s recovered from earlier weakness, while U S Treasury issues held steady to up fractionally. Argentina 4s, Buenos Aires 4s, and Japan 6 1/4s also gained.
AP market notes from New York and Chicago detailing egg, butter, cheese, poultry and potato receipts and prices. Highlights include mixed egg packs and standards, butter price ranges and receipts of 575,930, cheese steady at 318,843, and diverse potato stock on track with Idaho Russets and Colorado Reds priced per cwt for sale.
In New York on Monday rails gained popularity as other leaders slipped. Utilities attracted some buying while steels motors rubbers aircrafts and mail orders fell. Transfers neared 750000 shares. European markets improved and British and French moves to recognize the Franco Spanish government were noted.
Monday market snapshot lists numerous stocks with varied prices and percentages from Adams Express to Zenith Radio. The dense column includes large names like Boeing Airplane, General Motors, Ford, Du Pont, IBM, Sears Roebuck, and US Steel, reflecting broad sector activity in a single day.
Wisconsin cheese quotations for the week Feb 27 to Mar 4 list Twins 13 cents, daisies 12 3/4 cents, horns 12 3/4 cents, cheddars 12 cents. Farmers call board shows daisies 125 1/2 cents, horns 12 1/2 cents, cheddars 12 cents.
New York AP reports irregular sugar futures with March at 1.84 and September at 1.99, both unchanged at noon. World futures rose modestly with March up 1.15 percent and July up 1.5 percent, raw steady at 2.80 cents duty paid and refined steadies between 4.20 and 4.30 cents.
Under secretary of the Treasury John W. Hanes urged Monday the institution of a long range tax program to stimulate business confidence and remove uncertainties about the future.
Wheat and corn futures slipped on Monday with wheat off about four to five eighths cent, corn down over half a cent, and oats lower amid weak foreign demand. Liverpool prices eased as demand stayed light while North American weather and weaker world shipments provided only temporary steadiness.
Minneapolis cash grain prices show 1 WHEAT receipts 110 cars Monday, 103 last year. Quotes list No 1 heavy dark northern at 76.3 to 77.3 cents, fancy No 1 hard Montana at 74 to 78 cents, No 1 red durum around 61 to 64 cents, and No 3 yellow corn bids at about 42 to 43 cents. Barley price around 30 to 64 cents.
Chicago cash provisions show mixed grains with No 2 yellow corn at about 48 1/2 cents and No 3 white oats near 29 1/2 cents. Wheat No 5 hard 67 1/2 cents and No 2 yellow corn lead the bid, while barley and seeds list Timothy, red clover, and red top at specific terms. Lard prices run tierces and loose at 66 1/2 to 62 1/4 cents with bellies around 1000.
The Marengo Iowa county treasurer's office was burgled Sunday, a silver tray containing $100 taken before a small safe was tampered with. County Treasurer R W Zuber cannot confirm losses until state agents arrive from Des Moines to inspect the vault. The janitor discovered the break Monday at 6 am noting drawn shades in the office.
Federal Judge William H. Holly and five other NLG executives denied claims the Guild is controlled by communism. The group included Malcolm Sharp Earl Dickerson Pearl Hart and Chicago chapter officers George Quilici and Arthur Goldberg.
The Cedar Rapids area Boy Scouts Council will hold a court of honor on Tuesday at 7 30 p m at Roosevelt High School. Host troop is Troop 18 sponsored by Trinity Methodist Church. George Ross age 16 of Troop 29 will receive Eagle Scout honors.
Wyoming basketball teams beat Morley 56 to 25 in the boys game as Willman 21 and Heffelinger 15 led Morley. The Wyoming girls won 43 to 28 with Dorothy Dirks scoring 23 and Siebels 20 for Morley. Junior high boys prevailed 17 to 9.
The Firemen's auxiliary will meet Wednesday at 2 p.m. in the Glow room of the Gas company. The city council was asked Monday by A. E. Wilkinson to correct a poor sidewalk condition near his home. Charles Hendrickson Jr. is in Fort Des Moines hospital with scarlet fever. An application to install a 10 gallon pump on an underground tank at 2324 J Street was referred to the building department. The Ladies Auxiliary to the Veterans of Foreign Wars will attend the funeral services for Mrs. Josie Chapman at 1 30 p.m. Tuesday in Kuba funeral home.
The Home Rebekah staff club will meet at 7 30 this evening at the home of Mrs Anna Volz located at 2700 Bever avenue SE. Assistants will be Pearl Wertz and Gertrude Jackman.
The Gazette notes a building permit issued to A. S Berger for remodeling a house at 1803 Johnson avenue NW, clarifying the work is renovation rather than a new shed as reported.
A petition requesting rerouting the Mound Farm bus line to serve more residents in northeast Cedar Rapids was read to the city council on Monday and referred to Cedar Rapids City Lines for action.
R C Montgomery reported to police that his office was entered over the weekend. Entry was gained through the skylight and a small lock box with personal papers was missing.
Forrest Chapman foreign editor of Business Week and son of Mrs G T Chapman of 722 Second Avenue SW sailed Thursday from New York for a two months trip through Germany England France Italy Hungary Poland and Russia. He graduated from Grinnell College in 1924 and formerly worked on the Cedar Rapids Gazette news staff.
Linn county salons host an open forum on state bills at 2 p.m. Tuesday in the Montrose hotel under the League of Women Voters. Mrs. Ben Ogden Jr. notes the meeting is open to men and women, with speakers Senator Frank C. Byers and Representatives Elmer A. Johnson John R. Gardner and B. D. Silliman.
Detectives question what to do with William Craig Whitney after his arrest on a larceny charge. He was found with surgical instruments and perfume while returning from Dixon H ll. Whitney admits the local theft and says clothing was sent to a Chicago address. Investigators seek the original owners of the goods before filing further larceny charges.
Rotary club heard a report that a local skater has qualified for the Olympics in the 10 000 meter skating contests. The program featured motion pictures on diving trackers hammer throwing and discus throwing.
The Iowa attorney general's office ruled the state must pay for the keep of Walter H. Dusty Rhodes, jailed for wife murder, with the warden holding sole authority to place him in death row or assign work while awaiting the Supreme Court action. Rhodes’ death sentence was overturned for a new trial, with a rehearing petition pending for April term.
A $9 280 98 personal injury and car damage suit by Ralph Alspach against the J D Norton estate and Roosevelt Rent A Car System was dismissed by the plaintiff without prejudice as to the rental system. A receiver bond action of Orville Spurgeon vs Charles Landergott was dismissed with prejudice, and a replevin suit by W F Hupp against Alden Motors Inc was dismissed with prejudice.
Linn county district court resumes after vacation with the March term opening Monday under Judge J. E. Heiserman. Law judges will be Heiserman Moffit, equity judges Ring and Haas. Grand jury reports Monday. petit jury March 14.
Notice of appeal to the state supreme court from a directed verdict last November 28 in a damage action brought by Jesse E. Whetstine against Dr. Edward L. Moravec was filed by the plaintiff on Monday.
Classified notes explain readers may place Want Ads by telephone to The Gazette, by mailing the form via United States mail, or delivering directly to The Gazette Office. The notice outlines convenient methods for submitting small paid advertisements.
Glenn C Whittle former Waterloo resident and American Olympic committee member spoke at a Rotary luncheon listing star Americans likely to compete in the 1946 Finland games. He named Fred Walcott C Johnson Dave Albright Glenn Cunningham Cornelius Warmerdan and George Shimek among potential U S leaders in track and field.
A compact OCR fragment lists business phone numbers and services including funeral home ethics note, moving company Allied Van Lines claim, transfer services, partial contact data, and a carpool offer. It also mentions potash blasting, feather mattresses, and a Cedar Rapids transfer line amid scattered ads.
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