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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 20, 1939
Page
4
Financial market notes show hog receipts mostly steady to active with some declines. Cattle receipts and prices vary by region, with steer and heifer prices down in places, while feeder and young cattle hold firmer. Sheep and lamb quotes mixed as supply shifts and regional demand oscillate through the week.
U S Dept Agriculture report shows cattle receipts 4 300 plus, hogs 5 000, sheep 1 500. Cattle prices steady to me and heavy steers down 25 cents, vealers near 7 - 9 dollars, fed heifers around 8 50 to 9 00. Hogs mostly 10 cents lower, top 6 55, sows 5 25 down, feeders 6 25 to 16 50. Sheep bids around 9 78 for springers, ewes scarce with California lambs above 9 26.
Hog prices show small gains with 250 to 350 pound hogs up a nickel and the top at 6.45. Cattle on the focal market mostly lower by 15 to 25 cents with varied weights and grades listed, including prime, choice, and common steers and yearlings. Packers and calves also reported ranges, while sheep and lamb prices quoted for spring lambs and bucks.
A dense Cedar Rapids market page lists grain, produce, poultry, fruits and vegetables prices. Grain includes No 1 wheat 66, No 2 wheat 30, oats 30, rye 40, barley 28 39, corn yellow dlc 2, soybeans 82. Hay and straw include baled straw 0. Produce features butternut 2, cream 23, other cream 1. Poultry prices list hens, hens over various weights, leghorns, Springs, and leghorns. Wholesale fruits show lemons 5.00-5.75, oranges 1.25, grapefruit 2.75, celery 3.00, lettuce 3.25, onions 1.45, cabbage 1.75-2.00, carrots 2.85, tomatoes 3.00, cantaloupes 4.00-4.75, black raspberries 2.50, cherries 7.54-12.73. Market notes include hides, beef hides, calf and kip prices, and horse terms. Mississippi River stage observations for Davenport and Keokuk with river rise figures are listed.
New York stock activity remained in rallying waters as light buying boosted prices. Tuesday saw gains in leading issues with 450000 shares changing hands. top prices weakened slightly at the close amid mild profit-taking. Bonds showed selective strength while commodities were narrowly mixed. Major gainers included Du Pont U S Steel Chrysler General Motors Montgomery Ward Sears Roebuck Douglas Aircraft and United Aircraft.
Wall Street stock quotations feature names like Allied Stores, Am Can, General Motors, United Airlines, and various rails and steel producers. The list includes numerous firms with prices and percent changes, reflecting a broad market snapshot from the era.
Center Point and Alburnett junior baseball game was postponed from Monday to Tuesday due to rain. The winner advances to face Roosevelt Hotel at Cedar Rapids Thursday for the county championship.
Wheat ruled steady on the Chicago board of trade after modest early losses. July wheat rose to 70 34 cents, corn fell about 1 1 2 cents to 49 55, oats down about 5 cents. Liverpool wheat closed 7 1 2 percent lower. Winnipeg lagged on slow export demand and rains in the Canadian spring belt. Corn followed wheat and sold on late favorable crop reports. 325000 bushels of corn chartered to move to Buffalo. December oats hit a seasonal low.
Chicago cash wheat assortments list No 3 red No 2 yellow hard and No 1 white with samples around 58 to 60 cents a bushel. Corn prices include No 1 mixed around 52 cents and various No 2 figures. Oats and barley show mixed grades and prices. Minneapolis receipts show WHEAT and CORN quotes, No 1 heavy northern and hard Montana listings, with durum and white oats pricing, reflecting a busy trading day.
Chicago markets show steady live poultry with Lezhorn broilers under 2 lbs at 142 cents and 2 lb up 16 cents. butter receipts 1,455,018 with creamery 93 score 24c, 92, 23 etc. Eggs receipts 21,046 steady. potatoes on track with California Long whites and Bliss Triumphs steady to barely steady, supplies ample, demand slow. New York eggs receipts 23,801 about steady. butter higher for creamery and 92 score 24c, firsts 18-23c. cheese 492,645 ready to firm, prices unchanged.
New York bond market showed modest gains on Tuesday with faster trading. Commonwealth Edison 3tss rose slightly while International Telephone 5s advanced as much as two points after strong earnings. Interborough Rapid Transit 5s and Manhattan Railway 4s benefited from renewed traction unification talk. U S treasuries had few changes and foreign government bonds were uneven.
Wisconsin cheese quotations for the week of June 1934 show Dassies and other varieties at 13% to 14 cents, with cheddar around 13 cents. The wool market in Boston is slow with demand weak, prices steady for fine wools, while country-pack mixed grade fleeces remain unbought. Dow Jones averages show small gains across industrials and rails amid light trading.
Kenneth J. Wagner, an undertaker from Marshalltown, waived hearing in Belle Plaine on a manslaughter charge. The case proceeds to district court next September with bond set at 1500 dollars. The fatal crash near Belle Plaine on June 8 involving Mrs. J. L. Robinson of Trinidad, Colorado prompted the charge, and a separate drunken driving charge also awaits district court action.
City Clerk L. J. Storey reports eighty two class B beer permit applications awaiting action this week by city council. Seven are from clubs and hotels. Under city law only 82 class B permits may operate in a year, exclusive of hotels and clubs. Seventy three permits of 1938-39 expire June 30, nine held over for later in the year due to tavern changes. There are 51 class C permit applications, not legally limited.
The school board on Monday night ordered Americanization classes led by Miss Alma Wright under a WPA grant to leave the McKinley high school building. The board adopted a resolution requiring night school activities to follow the regular school year and remain under board supervision, citing waste of space and money for a 1,600 capacity building used by 25 to 30 people. The classes had met four nights a week since last November.
The Waltonian social on July 7 on the lawn of 2257 Mt. Vernon Ave SE will be led by general chairman Milo Sedlacek. The committee includes Ed Lundquist, Mrs. Fitch, Leland and Alice Smith, Alan Norton, Don Seager, O P Moody, J I Merritt, Harold Drew, William Volz, A G Brown, and Earl Heinze. Mrs Fitch assists in cake judging. prizes for best cakes. music and entertainment planned. proceeds fund Waltonian camp. tickets handled by A G Brown and Milo Sedlacek.
Want ads list various local services and sales including 2-B Brady Mortuary and 2-7237, travel needs for carpool to San Francisco, photo services, jewelry repairs, feather mattresses, beauty parlors with permanent waves, and home services like gutter work, lawn mower sharpening, hauling, and painting. Numerous business names and addresses appear, with heaviest density around local shops, services, and job want ads. The entry emphasizes exchanges of references for auto transportation and highlights general ads for merchants and service providers.
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