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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 22, 1938
Page
2
Chicago and Sioux City reports show about twelve thousand hogs received with direct sales to packers composing most of the run. Prices ranged and varied by buyers with cattle and sheep largely nominal while late week trends indicated steady to firm demand and mixed weights.
Department of Agriculture cattle receipts rise slightly from Friday with varied shifts across classes. Hogs show steady to lower tone with heavy loads and regional quotes across Iowa and Minnesota, while lambs and feeders remain steady to lower amid uneven demand.
Our field notes Chicago markets show live poultry and dressed poultry steady with unaltered prices. Butter receipts climbed with creamery grade extras offered at 19 to 24 cents, eggs weak on first grades, potatoes arriving 45 track numbers and total 234, shipments 792. Idaho russets, Colorado reds, Utah russets to top grades show price ranges from $120 to $130 per cwt with quality premiums and regional availability noted.
Hogs weakened on the local market Saturday with all grades down five cents. The top price fell to 816 dollars while calf market also slipped and hides were half a cent lower.
Market listing for Cedar Rapids shows prices for grains: Wheat No 1 at 90c, No 2 at 88c. oats 27c. rye No 2 55c. barley No 2 45c. corn shelled No 4 yellow 45c. Soybeans No 2 yellow 81c. Hay and straw prices. butterfat 35c. cream prices 31-32c. Poultry prices by weight. ducks, leghorn, and spring chickens with varying weights and prices. Wholesale fruits and vegetables include lemons 5,506.25, oranges 73, grapefruit Texas 2.10-2.60, Jonathan apples 135, celery 2.75 per crate, lettuce 2.73, potatoes Cobblers 1.65-1.75. Hide market lists beef hides and calf hides with per-pound figures. horses priced by weight and class.
New York bond market saw price declines in railroad issues while U S government issues tracked general trends. Utility bonds remained stable despite adverse TVA decision. light and power issues little changed. Some rail loans slipped slightly. Western Union and Texas Corp bonds rose modestly. Foreign dollar bonds moved modestly higher, with Japanese issues up near a point. Government bond closes listed with several Treasury issues and maturities.
Miscellaneous AP dispatch from New York notes the French franc inching up against the dollar amid political changes in France. It lists numerous European and global exchange rates and cites crude rubber futures and spot prices, highlighting March and May rubber contracts and a smoked ribhedd spot price.
Irving Berlin wrote his first hit song Alexander's Haytime Band, published in 1905, marking the start of a long prolific career in American popular music.
NEW YORK AP Selected mining issues rose in a small rally Saturday while most leaders stayed mostly flat. Traders noted thin market conditions and limited moves in utilities after the TVA victory in federal court. Some investors anticipated a possible Supreme Court appeal. Bonds and commodities were mixed with some gains and many shares unchanged. Major movers included Homestake Dome Alaska Juneau Bethlehem Steel Sears Roebuck Texas Corporation NY Central Southern Pacific, while U S Steel GM U S Rubber Goodrich Westinghouse du Pont Union Pacific Northern Pacific Philip Morris Consolidated Edison Western Union American Telephone and Graham Paige faced difficulties.
Published by J Bennett Co the Saturday stock list shows numerous listings from Adams Express to Western Union with prices and percent changes. It includes names of banks, digestible industrials, railroads, oils, utilities, and electronics like Allied Chem American Can and AT&T plus major firms such as Chrysler, Ford, Consolidated Edison, General Electric, US Steel and Westinghouse among a long roster of companies. The report traces notable gains and losses across sectors and notes market conditions for investors.
Grace Wood Earlville's oldest resident celebrated her ninety second birthday at the home of Harriet Cook. Guests included members of the Good Cheer club. Born in 1846 near Glasgow Scotland she came to America at age two. She married John Wood in 1871 and has lived in Earlville for fifty two years.
Better than due cables produced a firm trend as wheat rose at close while corn and oats showed modest gains and mixed cash readings across Chicago, Minneapolis, and Winnipeg markets. Weather, export activity, and South Africa planting news influenced sentiment amid a quiet trading day.
Defense notice of appeal to the state supreme court from a finding of December 20 1937 by District Judge H C Ring for Mrs Sadie W Palmer of Cedar Rapids on her appeal from an action of the state board of assessment and review was filed in district court Friday. The district court refused to permit assessment by the state board of 1934 income tax on $3000 income from real estate of the plaintiff in Chicago.
In a district court action over a $700 benefit certificate the Czechoslovak Society of America asks the plaintiff to interplead parties to establish rights to the certificate. The defendant seeks discharge from liability upon deposit for adjudication of interests. Also, Bates receiver case involv es Elizabeth Reed with Linn county debts. Beatrice M. St Aubin granted divorce from John O St Aubin for cruel treatment. Custody of child and property settled. Cedar Rapids appraisers appointed in state bank receivership.
Estimates say the land surface of England and Wales will become flat within about 5.5 million years due to river erosion. The projection highlights long term geological change driven by erosional processes shaping landscapes.
Funeral services were held Friday afternoon at the Yocom chapel for David Bleakly with Rev. E T Gough presiding and burial in Blodgett cemetery near Paris. Pallbearers included Orville Hepner and others from Marion. Relatives from several towns attended. Many local residents also appeared at Marion high school events Friday night.
Mrs James Fitzgerald hosted the Mothers club with Mrs Robert Hyde assisting. Mrs Dillman Moothart led the lesson from Cedar Rapids. A guest day is planned for Feb. 3 at Mrs Paul Beach home. Committee for refreshments includes Mesdames Walter Reinsch Kenneth Hoeck and E. H. Smith. Seventeen members and guest Mrs Alfred Voss of Chicago attended. Bridge followed the business meeting with prizes awarded to Mrs Floyd Emmons and Mrs Alfred Voss.
The Excelsior A and L club met Friday at Mr and Mrs Harry Hammond for a picnic dinner hosted for 35 members and guests from Marion Springville. Readings by Faye Parks Theola Gordon and Betty Beranek and vocal duets by Alice and Alberta Hammond. A new refreshment committee was appointed and the club will meet in February at the Kemp home. Mrs Adella Hobart is ill with grippe at 402 Sixth.
A list of church services, Bible schools, sermons, and activities across multiple denominations in Marion. Includes schedules for Baptist, Catholic, Christian, Congregational, Free Methodist, Methodist, Presbyterian, Lutheran, Seventh Day Church of God, Prairie Chapel, and Prairie affiliates with pastors, service times, sermon topics, and special events such as baptisms and youth activities.
Berlin AP reports Germany banned the leading anti-Semitic journal Der Stuermer indefinitely on Saturday after suppressing this week’s regular issue and a special edition. No reason was given for the ban.
Berlin AP reports three German treason convicts were executed by guillotine at dawn on Saturday, bringing total treason executions to six since January. The early morning executions underscore the regime’s harsh wartime measures against alleged traitors.
In Omaha the aurora borealis lit the sky early Saturday as earth currents disrupted telegraph and telephone communications across central and eastern Nebraska, hindering routine lines and services.
Birth notices list multiple families with new babies born Jan 21 and Jan 22 at Mercy Hospital and St Luke's Hospital. Names include Mr and Mrs DeWayne Mannen, Mr and Mrs George Nassif, Mr and Mrs James Wilson, Mr and Mrs Brit Taines, Mr and Mrs Frank Kulish, and Otisro gan Alburnett, with addresses in SE and SW areas and a J Lane listing a daughter born Jan 22 at St Luke's Hospital.
University of Iowa Alumni association seeks a new president to replace W Earl Hall with Virgil M Hancher as the alternate candidate. Police promote G J Dan Mulherin to replace the late Officer Garrett Byrne. The brain derby for 1100 high schoolers is set for June 6 7. Allen Craig to discuss The Nature of Mathematics on February 3. A 15000 damage petition names Hawkeye Cab Co Rex Rasmus Ardella Rasmus and Charlies Armstrong over a September 1936 overturn. Funeral for Moffie Buchanan of Washington DC former Solon resident set Sunday in Solon.
Senate action slowed as southern lawmakers plan to stall the anti lynching measure amid a full agenda. Navy appropriations of 553 million dollars and a housing conference report advance, while farm bill talks resume Monday to reconcile differences.
In Iowa City Judge Harold D. Evans issued a temporary injunction against the Red Ball Inn roadhouse popular with University of Iowa students restraining it from maintaining a liquor nuisance. Another order enjoined managers George and Stella Coan from selling liquor in violation of Iowa law. No resistance was offered to either petition.
The Associated Press reports Japan prepares for a drawn out war in China with plans to mobilize more men and funds. Premier Konoue and ministers admit need for higher taxes and new bonds while warning sacrifices are required. Japan aims to economically link with Manchukuo as fighting near the Sunghai railroad intensifies.
London reports a secret ban on shipment of arms to Japan from all British territories. Prime Minister Neville Chamberlain is expected to tell a labor delegation that the embargo is unofficially but realistically in effect.
The U S air commerce department completed hearings into the Northwest Airlines crash that killed ten on January 10 near the Bridger mountains. Testimony from aviation officials, weather experts and lay witnesses will be sent to Secretary Daniel Roper for a probable cause decision. Weather bureau expert C F Van Thuller said severe weather was unlikely, though ice could have formed and caused trouble.
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