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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 22, 1939
Page
2
Chicago market news shows nominally steady livestock with hogs at a nine year low of about 5.50. Cattle remain steady, steers near 10.85, cows and heifers down slightly, lambs steady with choice around 9.65. Furnished by Lamson Brothers. Cedar Rapids office listed.
Western and Midwest livestock markets show steady to higher prices for steers and sows with quoted ranges across Chicago and Omaha including fed steers mid 400s to 500s, yearlings around 900 to 1100, and hogs mainly 4.50 to 6.00 per hundredweight. Sheep receipts moderate with spring lambs and feeding lambs showing slight gains. Iowa reports 19,000 head in 24 hours with barrows and gilts steady to lower in spots.
An OCR readout shows a dense list of liveweight beef prices and ranges in pounds and dollars, including various weight bands from 100 to 500 lbs and multiple prices per range. Names like Austin and butcher references appear amid numbers, with inconsistent punctuation and units.
The most local hogs 240 pounds or less hold at 65.50 top with lower grades down four cents. Cattle hold steady as calf market shows requests for steers and yearlings with varying weights and price ranges from 7.50 to 16.00 for different classes. Lambs and bucks priced by weight with quality-based variations.
Cedar Rapids market notes list commodities with prices for wheat, corn, oats, rye, barley, soybeans, hay, butter, poultry, fruit and vegetables, and meats. Items include Wheat No 1 50c, No 2 45c. Corn shelled yellow 60c. Butter 24c. Hens and springs priced by weight. Lemons 5.50, Oranges 2.40 to 4.50, Tomatoes 8c, New potatoes 2.25, Watermelons 2c, beef hides 31s. cattle and horse values shown.
Chicago and New York markets report receipts for butter eggs and cheese with mixed quality. Prices show weak potatos and cobblers, steady egg values, and firm butter, cheese with varied grades amid slow demand and regional declines in supplies.
The New York stock market moved higher on Saturday with solid gains across most sectors amid improving volume. Major leaders including U Steel Bethlehem Chrysler General Motors Montgomery Ward American Telephone Great Northern Anaconda Westinghouse Allied Chemical Standard Oil of New Jersey and Johns-Manville posted new highs or strength as Hatch bill progress and congressional actions impressed Wall Street.
A dense OCR style stock list shows prices and quotes across many companies. It notes entries for Alaska Juneau U, Allied Chem, International Nickel, Procter Gamble, Coca Cola, General Electric, General Motors, and dozens more, with bid and market figures varying by line. The document resembles a Saturday market page with numerous firm names, percentages, and values, reflecting broad industrial and consumer equities in a single column.
Washington reports Columbus Junction Junior Legion baseball team defeated the local Juniors Thursday evening by ten runs to five. Special to The Gazette. The note mentions Collins American anti aircraft guns reported effective at 15,000 feet with regularity.
Renewed liquidation pushed wheat and corn to fresh lows on the Chicago board. At close, wheat down 1 04 to 1 1/2 cents, July 62 1/2. corn off 8 to 1 3/4, July 18 3/4. oats down 12 to 1 1/2 cents. Weak Winnipeg, minimal export demand, and favorable crop weather ahead spurred selling. The July contracts in July month and September and December futures set new seasonal lows.
Market notes show Winnipeg wheat futures with open high low and close values, while Chicago cash wheat and corn quotes list No 1 hard and yellow varieties, No 2 mixed and white oats, soybeans and barley prices. Minneapolis commodity receipts for Saturday are cited with No 1 heavy dark Northern and amber durum pricing, plus fractional quotes for lard and other staples.
In a Saturday session bond markets showed leadership by rail loans while utilities drew buying. The market rose overall but profit taking trimmed gains to a fractional range. Foreign issues rose briefly with a Tokyo City 5s up about three points. Notable movers included Frisco 1978 diss, St Paul 55, Edison 14’s, International Hydro Electric 2, Pennsylvania General 445 of 1963, Nickel Plate 45.5, Brooklyn Manhattan Transit 4s, and International Mercantile Marine 6s. U S government closes with Treasury 47 52 and Federal Farm Credit 344s at 64. 109.20.
Miscellaneous Wisconsin cheese annotations for the week of July 24 29 show prices for brick cheddar and Swiss varieties with daily call board updates. On the wool market Boston reports a firm to rising trend with heavy buying in sine territory Texas 12 month wools and various graded lines, with prices for fine Dolamne and half bloods and three eighths to quarter bloods.
The submarine Thetis, which sank off Liverpool with 103 crewmen and few survivors, was raised from the sea bottom early Saturday but two of eight lifting cables broke. Plans to tow the vessel to shallow water were delayed.
Roosevelt playgrounds hosted fourteen venues and won the 1939 track meet with 77 points. Riverside trailed with 36, Whitlam and Harrison tied at 27, and other schools contributed in events from 50 yard dashes to relays. Readouts include winners like James Priffner and Arthur Baldwin with times and relay lineups across junior to senior divisions.
Adrian Quist, the Australian Davis Cup star, defeated Bob Low of Palo Alto California 6 0 6 3 6 3 in the Longwood Bowl semifinal to assure Australia a place in the final.
Iowa City AP report notes diverse methods used by University of Iowa football players to get in shape for the upcoming season. Center Bruno Andruska works as a playground attendant in Chicago and tackle Jim Walker lays water pipe there. Sophomore fullback Al Couppee tends the University golf course, while guard Carl Vergamini increases conditioning by carrying ice.
The Illinois Athletic association board, after years of pressure over 59 year old coach Robert C. Zuppke, was reappointed by University of Illinois trustees. Athletic Director Wendell S Wilson was among those reappointed.
Colorado Springs amateur Ray Lowell Jr. faced Ed Kingsley of Salt Lake City in a Trans Mississippi golf semi final. Lowell, the only Coloradoan in the semis, beat O Hara Watts Dallas 6 5 while Kingsley defeated John Barnum Edinburgh Tex 8 6. The other finalist would be Harry Todd Dallas or Chick Harbert Battle Creek Mich after swift victories.
Marion notices recount surprise birthday parties for Mrs Carrie Reichert and Miss Katharine Burroughs, plus gatherings at Excelsior A. and L club, golf club dinners, and many visits from relatives. A death notice for Mrs Lottie Hammond Kahler from Conroy is included with funeral plans in Marengo. Local guests span Cedar Rapids to Chicago with several engagements, theatre ads, and a raffle of social events.
A roundup of Sunday and midweek schedules across Marion churches. Baptists, Catholics, Presbyterians, Methodists and others note service times, sermons, Bible school, communion, choir and youth gatherings with pastors named, including St Joseph’s and Alburnett listings.
Delegates at the international Lions club convention selected Havana Cuba as the site for the 1940 gathering in a spirit ed vote. Alexander T Wells of Long Island City was elevated from first vice presidency to the presidency succeeding Walter F Dexter of Sacramento California.
A notice posted in Portsmouth New Hampshire warns Clarence the parrot, owned by Seaman Joseph Baldwin of the navy salvage tug Falcon, has been evicted from his cave refuge in Town hall after his recent escape and ongoing salty language toward town officials.
Gov Loren D Dickinson 80 will press his campaign against sin and high life in a Union Church address Sunday night in Royal Oak Michigan. The Lansing report notes the governor will continue the moral drive during the speech.
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