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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 30, 1939
Page
4
Market reports from Chicago outline hog prices rising 15 to 25 cents as blizzard conditions hinder receipts. Official Tuesday cattle 4,000 head, hogs 10,000, sheep 5,000. Chicago top hog price $8.25 for the year, with other cities showing gains.
Wheat prices ended with a steady tone after a 90-minute delay caused by a blizzard that paralyzed Chicago area transport. May wheat around 69.5 cents, corn flat to up, oats down, trading low volume with half the usual traders on hand.
Biouxie City livestock receipts include 3 500 calves and 150 slaughter steers with steady to higher asking prices. Hogs at 7 500 head slow overall but 10 to 15 cents higher. sows and feeder pigs range up to 7 75. Sheep receipts 8 000 with no early fat lamb action and prices around 8 75 for good fed wool skins and 8 00 for yearlings.
Market receipts show hogs mixed by region with gains for many weights. sows and some classes higher. Cattle demand steady to weak with fed steers and yearlings around 900 to 1050 dollars, beef cows and bulls easing. Sheep and fat lambs softening early, with bulk fed woolled lambs steady to higher in spots. Iowa and Waterloo hog quotes vary by weight, with packing sow ranges noted. Mason City hogs reported unchanged.
Combined hog receipts at 19 yards and 10 plants in interior Iowa and southern Minnesota for the 48 hours ending 8 am Monday totaled 42 600, down from 44 000 last week and 52 000 a year ago. Market firmness ranged to 16 cents higher with some 20 cent gains for loaders. Prices listed for barrows and gilts span 160 to 350 pounds from about 6.10 to 7.65 per cwt, with lighter offerings and steady to firm tones overall.
In Austin Minnesota hog market update from AP listing prices for hogs by weight. 140-160 lbs 59.50 to 60.25, 150-160 lbs 64.00 to 67.0, 160-170 lbs 68.04 to 71.0, 170-180 lbs 71.0 to 74.0, 180-200 lbs 73.0 to 76.0, 200-220 lbs 70.0 to 76.0, 220-250 lbs 70.5 to 73.5, 250-270 lbs 66.0 to 69.5, 270-290 lbs 66.0 to 69.5, 290-325 lbs 64.0 to 67.5, sow weights 275-350 lbs 60.0 to 64.0, 425-550 lbs 59.0.
Hog receipts 12 000 with prices up 15 25 cents from Friday. Top hogs around 825 per 160 210 lb. Cattle receipts 10 000 with sparse selling and uneven demand. Lambs 15 000 head, fat lambs slow but steady bids around 9.00 to 9.10 with some 9.35 asked. Sheep market indicated steady to slow.
AP dispatch from South Great Stockyard notes cattle volumes around 4,000 with steers steady to higher and beef cows down to 5.25 6.50 per cwt. Hogs receipts near 3,000 with barrows and gilts up 6 to 10 cents, sows steady. Sheep receipts 11,000 with a soft undertone as market winds down.
Feeder lambs steady to 25 cents higher on loose market moves. Load choice fed ewes rise about 15 cents to around $4.75. Indication for feeding lambs steady. Slaughter lambs at last week’s close around $39.00.
Market roundup lists prices for wheat oats corn and soybeans with No 1 cream and other dairy products, poultry figures for colored hens and leghorns, fruits vegetables celery lettuce bananas onions cabbage carrots potatoes and sweet potatoes, plus cured beef hides and ponyage notes.
Hog prices rise across all grades with top figures around 7.60 per hundredweight for 140-150 lb hogs and steady cattle market. Listings show varied hog weights from 140 to 360 lbs with multiple packer and grade rates, while calves and sheep markets reflect mixed values for spring lambs, bucks, and other categories.
New York bond market edged up slightly in early dealings as traders await Chancellor Hitler's speech for guidance. Government bonds weakened on light offerings while German paper attracted demand. Rail and industrial issues posted fractional gains and losses, with Home Owners 2s and various 4s and 5s showing mixed moves.
New York apple and dairy prices show varied receipts across standards and firsts. Eggs and butter markets report mixed color packs and higher creamery values with multiple grade levels and per cent ranges.
Chicago AP market notes show live poultry and dressed turkeys with varying weights and prices across hens roosters ducks geese and turkeys young and old. Butter and eggs receipts listed with grade prices and local market totals. potatoes arrivals not available. no market Monday.
In Plymouth Wisconsin dairy prices list daisies Horns and cheddars with fractional cents. Sugar futures in New York rose modestly with No 4 March and July contracts higher while Cuban prices stayed steady amid a broad market uptick.
New York trading opened with a broad rally as many issues trimmed losses from last week. Utilities drifted after a TVA ruling but recovered, with the market finishing modestly higher. Leading gainers included U S Steel, Bethlehem, General Motors, Chrysler, Douglas Aircraft, Anaconda, Du Pont, Great Northern, U S Rubber, and Air Reduction.
The Monday stock list reports prices across the market with numerous names and figures. Notable entries include Adams Express 9 percent, Alaska Juneau 9 percent, Amex companies, United Fruit, Coca Cola, General Electric, Ford, and many others listed with prices or percentages. The Chicago and Minneapolis sections follow, noting varied quotations for grains, provisions, and cash prices.
A Cedar Rapids Airways representative Dan Hunter asked council to renew the lease of Fred Lee for the Airport Inn before its February 1 expiry. The note was referred to the police department. The council authorized street light installations at the avenue and Twenty first street NE intersection and near Twenty fourth street NE.
Gust Lundine of 3881 First avenue E writes to the council about flood water from First avenue washing across his land and eroding top soil. City Engineer Frank Stone is instructed to investigate. A 1938 livestock census reports Nova Scotia horse population at June 1 of 42 540, up from 42 40 in 1937.
Melvin D Clark through his father appeals a 1937 Beardsley contract rescission judgment before Judge John T Moffit alleging no guardian ad litem was appointed for minors. Beardsley argues Clark is estopped. Judgment granted Beardsley 755 dollars plus return of a note and chattel mortgage from a popcorn business sale.
Plaintiffs dismiss with prejudice a $25 000 suit filed by I Singer executor of Abraham Singer's estate against Malcom Thompson Jr. over fatal injuries from a May crash near Grinnell. Court clerk Ed Lundquist filed the action noting the settlement. Abraham Singer, 23, of Sioux City, died in the truck crash.
Final arguments were presented before Judge C. J. Haas and a jury Monday in the $9,080 per sonal injury case filed by Elizabeth Staggs against Lucille Bartovsky.
A lawsuit stems from a May 26 1938 traffic collision on Highway 218 four miles north of Town City between a car carrying the plaintiff driven by Mary Staggs and an orchestra bus owned by the defendant.
George Hanson 49 of Cedar Rapids stands trial on a drunken driving charge opened before Judge H C Ring and jurors. Patrolmen Bruce and Dyson testified as the first witnesses after following Hanson for blocks and arresting him early January 13.
In Geneva New York a railroad sought damages after a train flattened a herd of cows claiming no fault for the incident Edgar Davis the farmer had sued the railroad for cow deaths but a jury found no cause for action. The railroad countered with a suit of its own.
Illinois Central system reports 1938 net income of 1 114 096 dollars, down 846 220 dollars from 1937. The decrease marks a sharp earnings reduction for the Chicago based railroad system.
Funeral services set for Tuesday for 82 year old Michael Daniel Connell who died Saturday at home in Marquette after a long illness. He leaves three children Maye and Gerald and Mrs. Bernadette Presho, thirteen grandchildren and three great grandchildren. Burial in McGregor.
Hardin Montana officials report two Indian youths in Big Horn county jail confessed Monday to the murder of a man near the Crow Indian Agency on the 23rd. The suspects gave statements about the crime and are being held for further investigation.
A long OCR style page shows discounted malted milk 99c and a host of beauty shop offerings with permanent waves for under five dollars, dressmaking, shoe repair, diaper service and other small business promotions. Names, addresses and phone-like numbers appear for PARIS beauty, MARY NELL, KE NNEDY'S and others.
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