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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 05, 1938
Page
13
Chicago and Des Moines reports show hog prices slipping from early 10 to 15 cent advances as demand weakens. Late bids held steady for 230 plus pound hogs while wholesale pork demand remained soft and buyers limited. Lamb and cattle markets posted mixed results with some gains. overall receipts rose in Des Moines with lighter activity on heavier slaughter weights.
Livestock receipts mix results with cattle and calves steady to firm, hogs rising and sheep with strong demand. Market shows uneven early gains, with top cattle around 850 dollars and hogs near 825 for 200 pounders as shippers and buyers push for solid prices.
Iowa markets show hogs mostly 10 cents higher with varied price ranges across Ottumwa Waterloo Mason City and Austin Minnesota. Prices list 140 to 550 pound hogs with bids from about 6.00 to 7.75 plus per hundredweight and packers buying within narrow bands.
Omaha market bulletin reports hogs receipts around 4 500 heads with hogs mostly 25 cents higher and sows steady to higher top $80 for 160 230 lbs and prices quoted for 150 230 lbs 230 325 lbs and sows 6 25 7 5 for various weight ranges cattle receipts about 4 000 calves 300 fed steers and yearlings steady heifers steady bulls strong vealers and stockers steady with fed steers and yearlings $850 a nd $935 beef cows to $5.75 bulls $5 75 to 8 50 sows 9 50 sheep receipts 4 296 fat lambs steady to higher full steady on lambs with prices around $8 00 to $8 40 for heavier lambs and lighter lambs around $7 90 to $14 00 per hundredweight
Sioun City market notes receipts of 3 500 calves yearlings and steers with bids for feeder cattle steady to slow. Slaughter steers and grazings around 700 to 800 per head, car lots above 825, good quality cattle held above 7.00, beef cows in the 31.75 to 35.25 range, cutter grades near 33.75 to 34.5.
Hog prices rise on the local market with a 10 cent advance pushing top hogs to 7.90. Good packing hogs 45 cents higher while cattle slips 25 cents. Wilson & Co daily prices list bulk hogs across weights from 40 to 150 pounds up to 170 pounds and higher. calf, sheep, and cattle brackets show varied gains and declines.
Grain and produce prices listed for Cedar Rapids markets including wheat No 1 at 91¢, oats 26c, rye 25c, corn 46-48c, soybeans 81-84c, hay 12.00 and 5.00, butterfat at 34-35c, various poultry rates, fruits and vegetables with assorted prices, and hides and animal byproducts. Includes wide market listings and dollar amounts.
Wool prices eased while domestic shorn wool and woolen types showed slackened demand in Boston markets. Australia sales and private Boston shipments nudged prices lower. New York and London currencies steadied as foreign exchange weighed on markets.
In a broad Wednesday rally, Erie Railroad bonds jumped 2 to 4 points after a collapse, aided by reports funds may be available. Wabash 5s and 2s fell 1 to 2 points after a St. Louis court ordered suspension of interest and principal payments. US government bonds rose modestly, while most foreign issues held firm amid mixed European notes.
The United States supplies nearly all of the world’s pecans with only a small portion grown in Mexico.
Winnipeg weakness slows Chicago wheat gains as May futures dip to 93 45, corn and oats near steady. Export demand abroad strengthens Buenos Aires and Argentine premiums, while U S prices face profit taking after a higher open.
Chicago markets show cash wheat prices across grades with No 1 mixed at 60.4 1/2 cents, No 2 white at 63 74, and No 4 white around 58 1/2 to 60 cents. Soybeans No 2 yellow at 98 cents with assorted sample grades and barley feed around 40 to 60 cents, while Minneapolis reports WHEAT cash bids for No 1 heavy dark northern at 112 1/4 to 122 3/8 cents and No 1 dark northern at 110 1/4 to 112 0/0 cents. Corn No 3 yellow quoted about 55 to 57 cents. Continuous price notes reflect grain bids and grade distinctions across markets.
Receipts show 30 trucks of poultry with steady to firm hens and varied weights. Potatoes strong on demand with Idaho and Nebraska lots, Bliss Triumphs and US No 1 prices noted. Butter firm with creamery rise. eggs firm with mixed color packs and varied grade prices.
Chicago futures for butter and eggs are listed by Peter Fox Sons Co in Cedar Rapids with prices and changes for January to March. The data shows February and March butter levels around 30 percent variance and egg figures around 18 to 19 with notable notation on sales and quotes.
A Kanaka native of Yap Island north of New Guinea is barred from eating any fruit on his property for a year after death. Natives believe consumption brings death, so fruit rots unattended.
New York reports varying winds kept stocks in a confined zone with small gains eroding into losses. Justice Sutherlands resignation sparked some selling while a late rally left more shares higher than lower. notable movers included Douglas Aircraft Bendix American Can and Sears Roebuck among others.
Wall Street stock list shows numerous issues with prices and changes. banks, railroads, chemicals, and manufacturers like Adams Express, Allied Chem, Johns Manville, Loews, and Rem Rand appear among many others. The Chicago market closes with notable names including General Electric, United States Steel, and Coca Cola reflected in wide ranges and percentage moves.
In the Organ and San Andre mountains near Las Cruces three state game wardens Ellis Mayfield Edward Baker and Homer Pitkens with packs of lion dogs began a winter drive against mountain lions after discovering 18 deer carcasses on a ranch. The first kill was a full grown female lion in the Organ mountains amid rugged terrain.
Marion Mayor Pazour referred the $100 fine for operating a motor vehicle while intoxicated to the County Attorney after DuBois of 317 Eighth Street Cedar Rapids failed to pay. Deputy Sheriff Radebaugh jailed him on a thirty day commitment for nonpayment, raising questions about who bears jail costs and where fines go as county and city fight over prisoner care in Linn County.
The will of Zula A. Huffman who died December 24 is filed in Tama County. Her Marion property goes to sisters Lucy B. Marshall of Minneapolis and Mary S. Howe of Marion in equal shares. Legacies of 300 to Maud Miller Mitchel Edith Howe and Bessie Wallace. 300 to Clifford Howe. 500 to Donald Wallace. 600 to Zona Logan. Rest to Mary S. Howe and Lucy B. Marshall. Zona Logan named executrix without bond. Endowment to Oak Shade Cemetery trustees afterward.
Knights Templar officers for Patmos Commandery No. 27 were installed at the Masonic temple with W S Winter overseeing. The Women’s Auxiliary to the RMA of Cedar Rapids and Marion held meetings and announced plans for their thirty sixth anniversary party at the Roosevelt hotel on Jan. 11. Various clubs met Tuesday, with speakers, new members welcomed, and reviews of books and papers shared.
Guests included Mrs. Rachel Ives and Miss Lala Scarborough. Donald Arp and Myron Berry returned to Ames as Iowa State College students. B F Gill visited Brownsville Texas with son in law Edward Vaughn. Trojan lodge 548 will hold a Master Mason degree Friday at 6 30 with refreshments. Mr and Mrs C A Wissler traveled to California for the winter.
Vatican City report says the Pope had his busiest morning in weeks, defusing foreign press reports of a severe relapse as he met officials and conducted duties. The brief note highlights a vigorous start to the day amid ongoing speculation about his health.
Fire Captain Glen Fox of 227 Eighth Street SE, after a major operation at University Hospital in Iowa City on December 7, was released and returned home Wednesday in improved condition. He will remain at home for some time. Stewart Dew, 19, and Jake Livingood, 40, of 318 First Street SW, received 30 day suspended sentences in Justice W. R. Watsabaugh's court for larceny. They allegedly stole a mackinaw from L. Johnson and sold the coat for $150 to a clothing store at 117 First Avenue. The suspension ends once the $150 is repaid to the clothing store.
Rensselaer Polytechnic Institute reports the 1937 model freshman average is 5 feet 10 inches tall and 152 pounds at age 18, based on 500 applications. The tallest was 6 feet 6 inches and the shortest 3 feet. heaviest 235 pounds and lightest 95.
A Dutch engineer Herr Van Wiener and his mechanical clutching hand seek 30,000,000 gold ducats believed buried in the wreckage of the Galleon Duque Florenca off Mull. The 1588 Armada ship belonged to Philip II of Spain and faced Elizabeth I’s fleet. The search is scheduled for early next year.
A storm drove a ship toward Mull where islanders scuttled it after disputes over stores. Since then efforts to recover treasure have continued despite claims a 1665 diver found a note about 30 million in gold. Items like plate, daggers, coins and a cannon ball have surfaced, but the thirty million remains elusive.
A busy classified segment offers storage space cleanliness, careful packing, and long term security. It lists dealers Katz Loan Co and Probasco Jeweler with repair and watch services, along with Elderly care, pharmacy, rental public address systems, and moving van services.
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