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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 10, 1938
Page
4
Chicago reports stronger wholesale meat demand lifting hogs and cattle futures. Hogs 220 lb and lighter gain up to 10c. top price around 365 per hundredweight. Cattle shows mixed shifts with best steers pressured. lambs and sheep receipts rise and lift early bids. regional markets in Waterloo Mason City and Omaha reflect steadier tone.
Iowa hog market reports show varied receipts at Des Moines interior yards and Austin Minnesota plants. Prices for light weight hogs 140-160 pounds ranged around 7.70 to 7.80, while heavier pigs 250-350 pounds traded near 6.15 to 6.75 with packing sows around 4.05 to 6.45 and underbidding noted on some classes. The combined 24 hour totals indicate 75,500 hogs received versus 37,000 a week ago and 62,800 year ago.
Cattle receipts 3 500 with 100 beef steers and yearlings, sales steady to lower, some buyers inactive. Hogs receipts 8 500 with 3 100 direct, fully steady. top hogs around 8 10 to 8 15, packers bidding lower. Sheep receipts 9 000 with no early slaughter action, red wooled lambs mostly 59 cents lower, feeder lambs small in supply.
Hog prices are steady to slightly higher with light hogs up by a dime while tops hold at 7 90. Wilson & Co. posts bulk hog prices across weight ranges, calf and sheep figures, and a cattle section with prime, choice and common steers and cows noted. Market listings include packers and hogs from light to heavy 140 to 350 pounds and up to 600 pounds.
The notice lists grain prices for wheat, corn, soybeans, hay, straw, and produce such as butterfat eggs and poultry with varying grades and regional weights. It also reports wholesale fruits vegetables prices and hides, followed by New York foreign exchange rates for major currencies and world markets with no explicit date.
Raw sugar held steady with No 3 at 2.26 as of Monday January trade. No 4 March slipped from 1.17 to 1.16t while refined sugar remained unchanged.
Wheat futures fell under pressure after a Liverpool and Buenos Aires pullback with May wheat around 97 34 cents. Corn and oats also eased, while gains from last week faded amid profit taking and short covering.
Winnipeg wheat bids show May and July prices with several 139 and 1283 figures. Minneapolis cash grain lists receipts 88 cars and bids for No 1 dark northern and Montana varieties. Chicago cash provisions quote various wheat corn oats and soybeans with mixed prices and percentages.
New York AP reports stocks rose 1 to 4 points with armaments issues leading gains. Aircraft and steel shares surged while rails and utilities lagged. bonds fell. Transfers topped 1.8 million shares as analysts cited expected government spending for army and navy as the prime driver. Prominent movers included Douglas Aircraft Wright Aeronautical Boeing Curtiss Wright Bethlehem Steel and General Motors.
Thomas Vestal a 13 year old Des Moines Boy Scout was rescued from hunger by Patrolman Glenn Walters after being found at an oil station 2734 Mount Vernon avenue SE at 7 30 p m Saturday. Walters took him to a restaurant and registered him as a city guest before Bill Morgan of Cedar Rapids began escorting him toward Des Moines Monday.
The Iowa board mailed income tax return blanks to last year filers and included changes in the law. Exemptions rise to 10 for single, 20 for married, 5 per dependent. non resident tax applies to gross Iowa income or net thresholds. Residents' exemptions also apply to non residents. March 31 filing deadline. last year 156,714 individuals paid 4,134,810 and 3,000+ corporations paid 624,403.
In Marion, K Edward Johnson of Janesville was fined for speeding after a Saturday arrest in Mayor Pazour's court. Other speed fines include Eric V. Owen of Anamosa and Don Monahan of Burlington who posted bonds for arrest in the residential district and failed to appear. Community notices cover clubs, meetings, visits, engagements, and upcoming installations, with residents and guests named across Marion and nearby towns.
Lost items include a Bulova wrist watch and various purses and a dog with multiple phone contact rewards. Also listed are moving services, jewelers, watch repairs, loan company cautions, and local business ads for transfers, accreditations, and consumer goods.
Page advertises Beaute Salon and multiple parlors offering perms finger waves and shampoos at discounted prices. Names include Mary Nell's operators Alice Diask Ethel Wixon Arlene Schnack and others with dial numbers and street addresses in the area. Specials list perm prices $1.95 and up plus bundles and delivery services.
Market report from Chicago shows receipts for butter and eggs with varying grades and prices. Record shows creamery butter steady to firmer with several price points. eggs steadier with mixed color grades and standard packs. potatoes and cheeses listed with U.S. No. 1 and 2 grades and regional offerings. New York and Chicago markets detailed for butter cheese and egg products.
The Boston wool market was very quiet on Monday with nominal domestic quotations unchanged from last week. Austrian prices were softer, while New Zealand sale prices on Monday were reported lower than the December close.
MONDAX S QUOTATIONS listing numerous stocks with prices and changes. Names include Adams Express Allied Stores Anaconda Copper Boeing Coca Cola Du Pont General Motors North American Company and others across industries. The list shows varied prices and percent changes amid a broad market snapshot.
Robert R Kibler files for divorce from Ethel M Kibler in district court alleging cruel and inhuman treatment. The couple wed October 28 1925 in Cedar. The Milligan will died October 19 1937 probate in district court names Clyde M Washington as beneficiary and executor. Bequests include household furnishings to Bethel A M E Church dated December 31 1935.
Col. Frank Knox former Republican vice presidential nominee will deliver his first major post campaign speech as guest of the National League of Republican Clubs. The nationally broadcast talk will argue to make the Republican party again the party of the plain people.
The Senate Interstate Commerce Committee approved a resolution for a probe of the Bituminous Coal Commission. In the same session, Charles D. Mahaffie was approved for reappointment to the Interstate Commerce Commission and Murray W. Latimer to the Railroad Retirement Board.
Lisbon dispatch says Communist plans to foment unrest in the army were thwarted. The government reports complete order and the army is satisfied reforms were for its betterment.
The Supreme Court ordered a recess from January 17 to January 31. Justice Sutherland, retiring, will sit on the bench for the last time on January 17.
In New York the rail section of the bond market moved to a calmer course Monday with a few wide losses in defaulted loans. Government issues rose with treasuries gaining about 7/32 of a point while rail bonds inched higher. Japanese bonds fell broadly and foreign issues showed little change.
Elizabethton Tennessee Sheriff J M Moreland announced Sheriff W L Wallin of Bledsoe County is charged with accessory after the fact in the dynamite blast that killed three children near Elizabethton. Arraignment for eight men and a woman held in the case was postponed pending further investigation.
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