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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 11, 1939
Page
4
Auction notes from Chicago Cedar Rapids Mason City and other markets reveal cattle and hogs mixed with declines in hog prices and steadier or higher cattle values. Reports cover beef, veal and lamb demand, price ranges by weight and grade, and regional activity in Iowa Minnesota and South Dakota markets.
In the city market, salable receipts total about 2060 head with cattle and hogs mixed. Steers and heifers show steady to higher prices in places but overall bids slip for several classes. hogs print lower prices and lambs trend down while feeders remain scarce. Cattle: steers 8.24 to 9.30. cows 5.51 to 6.50. bulls and feeders weaker. Hogs: 189 to 230 pounds around 6.50 to 6.60. lighter weights near 6.25. Ewes and natives steady with good ewes around 9.50.
Hogs weakened on the local market Tuesday with price drops of 10 to 20 cents across grades. Top hogs sold around 665. good hogs ranged 140 to 160 pounds, with prices shown for various weights and grades. Cattle and calf sections listed ranges for prime and choice steers and yearlings, while lambs and other beef grades were noted with price bands.
Market listing shows prices for grains livestock and produce in Cedar Rapids. Entries include corn yellow No. 2 18c, soybeans No. 2 yellow prices, straw and hay values, butterfat cream prices, poultry prices by weight, lemons onions celery lettuce and other vegetables, as well as hides and beef prices.
Chicago market notes show poultry prices for hens leghorn broilers and fryers with color varieties, eggs steady with receipts of 116,116, butter receipts 1.58 million, cheese prices steady, potatoes and general commodities mixed with several regional price references and consignments from Missouri Kansas Oregon and California.
The market moved higher on Tuesday as optimism about domestic business prospects outweighed overseas tensions. Trading volume rose to about 450000 shares with leaders including U S Steel Beth Schem General Motors Chrysler AT&T Great Northern Anaconda US Gypsum Montgomery Ward Sears Air Reduction advancing, while Electric Bond and Share Babcock Wilcox Pennroad and Lockheed also gained.
Wall Street stock listings show a scan of prices and quotes from various companies and exchanges. The document includes numerous firm names such as Johns Manville, Allegheny, Kennecott, Loews, Libby, General Motors, Procter Gamble, Coca Cola, Sears Roebuck, Union Carbide, and many others with numerous share values and percentage changes. It also notes a section labeled CLOSE CHICAGO STOCKS detailing additional prices and percentages for Chicago listed securities.
Wheat futures rose about one cent amid strong outside markets and hot belt temperatures. Corn and oats gained with wheat, while lard hit new lows as export sales and Liverpool Winnipeg acts influenced sentiment.
The report lists No. 2 to No. 1 grades for corn oats barley and soybeans with quotes for yellow white and durum wheats. Regional markets in Chicago and Minneapolis show receipts and price levels including heavy dark northern and hard Montana varieties with precise cent amounts and price ranges.
Wisconsin cheese quotations for the week of July 10 show various varieties listed with prices. The Boston wool market notes active buyer interest in both raw wools and shipments from the country with French combing wools trading at different scent grades and price ranges.
New York trading sees utilities and major issuers push prices higher with active turnover. Financial reports note gains for Commonwealth Edison and International Hydro Electric, while U S Treasury issues retreat modestly amid mixed foreign debt activity. Dow Jones averages reflect overall bond market movement as investors monitor government and corporate issues.
Kansas City AP reports Tom Pendergast, once a Democratic boss imprisoned for tax evasion, was robbed of about 500000 over 12 years. Auditors found 88000 in checks cashed on Pendergast companies through bogus invoices from other firms. Remaining loot and details of the scheme are unclear. An employee said Pendergast learned of the looting just before prison.
The article states Schneider committed surdalite in April while federal agents investigated Pendergasts income. Colburn declared neither he nor Schneider ever received a penny from the looting and Schneider never explained where the money went.
Bungalow canning school meets every Wednesday at 2:00. Dr and Mrs Leo Severi return from a Minnesota lake vacation. The Cedar Rapids Navy club meets 8 pm Wednesday at the Montrose hotel. Waltonian Archers hold a Wednesday business meeting at Ellis park archery range. Tl Wright Jr reports a $20 wrist watch lost from a dressing room. Home Rebekah lodge No. 79 will meet in Odd Fellows hall 109 Second Ave SE. Sergi Earl Bigler is at Fort Snelling for two weeks with the Citizens Military Training camp. A bankruptcy petition lists debts of $945.91 with assets $100. Linseed oil freight hearings in Chicago attended by E Richey of Honeymead Products. Susie Williams asks detectives to investigate a $7 purse theft. Harold De La Mater, eight, dislocated his left elbow. correction to prior error says he is seven. El Kahir temple Shrine meets at Hotel Montrose Terrace 8 pm for a business session, smoker and social. Shrine luncheon club meets at the Montrose noon. Gazette newsboys attend two films at the State theater courtesy of manager Ray Vernimont.
Mixed doubles winners at Daniels Playground deck tennis were omitted from The Gazette list. John Sehern and Beth Jean Ververka are named as winners. Cedar Rapids Gladiolus society met at Montrose hotel with Louise Whelihan presenting flower arrangements. Ray Moss of Waterloo and Merle Brush of Chelsea attended. B M Woods of Iowa City charged with forgery, arrested Tuesday morning by detectives Bailey and Marshall, and transferred by Sheriff Don McComas.
Everett Dickson reports his Boston bulldog died after being out of the house at 6 p.m. The dog returned at 6 30 p.m. and died twenty minutes later. Detectives will check local drug stores for poison sales.
A jumble of lost items and beauty parlor ads. Entries include a lost watch with engraved initials Tow Wright Jr contact 7704 or 154, a stray Hampshire sow 250 lb near Wilson Ave SW dial 7520, partial upper dental plate number 1263 dial 178 with reward, and a black purse with Indy's glasses. Also multiple beauty salons list ads for permanents, equipment, prices, locations and contact numbers including Lovely Lady Oil permanent 98c and Paris Beauty Salon dial 2 3179.
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