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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 21, 1939
Page
7
In Chicago, hogs were steady to strong with 5-10 cent gains on heavier weights, top $7.75, while cattle stayed steady to weak and sheep rose 15-25 cents. The day’s receipts showed hogs 9,000, cattle 7,000, and sheep 9,000. regional markets in Pittsburgh, Cleveland, and East St. Louis varied from steady to stronger.
Weakness abroad hit wheat on the Chicago board as Liverpool and Winnipeg led prices lower. May wheat fell to 672, corn eased to 475 1/2, oats up 29 1/2. Buenos Aires closed strong, North American export demand showed little improvement, domestic winter wheat belt warm and dry. Local receipts: 69 corn cars, 9 wheat cars.
Market data shows salable hogs around 11 000 with activity fairly steady to strong. top 7.75 and 240 270 lb hogs around 7 2 7.50. cattle receipts 6 000 calves 1 500 beef light. steer market slow and steady to weak with weights heavy. cows steady. vealers up to 11.06. Sheep receipts 4 000 fat lambs down 35 to 50 cents. top 9 25 to shippers. light lambs and ewes see gains and steady to higher trade.
Prices for hogs cattle and sows vary by weight and class across Waterloo and Mason City markets. Heavy hogs range from 6.25 to 7.25 per cwt while cattle show slow to lower tone with steers 7.00 to 10.00 and yearlings around 6.00 to 7.00 with common stock lower.
U S Department of Agriculture reports combined bee receipts at 20 concentration yards and 10 packing plants in interior Iowa and south for 24 hours ending 8 am Tuesday. Totals rise to 20 700 from 19 700 last week and 11 500 a year ago with mixed activity and price ranges across weight classes.
The Austin Minnesota hog market lists bid prices by weight range from 140 pounds to 550 pounds. Key ranges show 140-150 lbs at 5.85 to 6.15 dollars and 325-350 lbs around 6.20 dollars, with sows and larger classes priced down from 6.00 to 6.20 dollars per hundredweight.
U S Department of Agriculture notes salable hogs 4 006 weights 219 lb down steady heavier hogs steady to 10 cents higher sows mostly 5 cents lower top 7 15 for 185 210 lb cattle opening slow with early sales killing classes about steady stockers and feeders light supply slow steady fed steers yearlings 8 75 47 10 50 good fed heifers 8 60 99 25 beef cows 6 00 67 25 cutter grades 4 50 65 50 bulls 5 00 46 65 top dealers 9 59 41 0 most stocker feeder steers 8 25 419 50 sheep 2 500 fat lamb undertone strong asking 25c or more higher springs 61 63 lb 10 00 67 10 50 early bids 8 wooled lambs up to 9 00 best held above 9 25 lighter ewes 5 00 down bred ewes 5 25
Slaughter cattle and yearlings show slow to weak sales with limited early activity. Prime demand scarce with fat cattle steady to firm. cows and heifers around 5.75 to 6.75. Feeder and stocker demand soft. prime hogs weak to steady. lamb and sheep activity light with best weights holding above 9.00. Receipts total about 7,000 head across classes.
AP report from South St. Paul Market Service shows cattle receipts at 3,500 with weak tones across classes. steers 8.25 to 10.00, heifers 7.50 to 9.25, beef cows 5.50 to 6.50, calves 8.50 to 10.00. Hogs slow with opening bids down around 10 cents. barrows and gilts around 7.20, sows 6.20 to 66.25. Sheep receipts 1,500 with slaughter lambs steady to strong. good to choice lambs 8.75 to 9.10, 104 lb averages inside.
Local market listings show prices for grain such as Wheat No. 1 and No. 2, Rye No. 3, soybeans, hay, and straw. Produce quotes include lemons, oranges, celery, lettuce, onions, cabbage, carrots, tomatoes, and potatoes with varied per unit or crate prices. Poultry prices list loved hens, Leghorns and roosters, and miscellaneous hides and leather by grade.
Hogs hold steady on the local market with top at 7.30. Cattle and other markets show no change. Listings detail various hog weights from 140 to 550 pounds and steer and heifer price ranges, with cows and bulls priced across multiple grades.
A compact tally of stocks and quotes from Adams Express to Zenith Radio. Firms include Allegheny, Am Can, Kroger, Chrysler, Coca Cola, General Electric, United Fruit, U S Steel, Goodyear, Westinghouse, and many others with varied percentages and prices. The list reflects a broad market snapshot published from the Merchants National Bank building.
Market update from Chicago shows hens firm and turkeys steady with young toms at 22 cents and hens 24 cents. Butter and eggs receipts noted, potatoes quoted with multiple regional varieties and prices, Idaho Russets around 1.50 per cwt, Wisconsin round whites and cobblers near 1.15, Florida Bliss Triumphs around 2.10 to 2.15 per crate.
AP notes New York market receipts for eggs and butter with varied qualities. Egg receipts 349 sacks with mixed colors and standards. butter receipts 1,476,286 pounds with firmer creamery markets. Prices largely unchanged. creamery higher yields at 24 cents per pound for extra, 22 to 22 1/2 cents for firsts, and 21/2 to 22 1/2 for seconds.
Wisconsin cheese quotations show dairy market prices in Plymouth with items from the Wisconsin Cheese Exchange and Farmers' Call Board. Daisies eight to eleven and a half cents. horns eleven to twelve and a half cents. cheddars one and a half to two cents under quoted levels.
World sugar futures showed light gains on Tuesday in New York as speculative demand emerged. July rose to 1.1742 with a firm undertone in quiet domestic activity while Cuban interests and commission houses supported both sides. Refined prices held between 4.30 and 4.50 per unit.
New York investors boosted bond prices across corporate issues and treasuries after a renewed European war scare. Gains ranged from fractions to over two points for many issues, with American and Foreign Power 5s leading utilities and rails such as Southern Pacific, Illinois Central, and Great Northern posting advances. Foreign issues, aside from Berlin Electric 6s, also improved.
Government issues edged higher and lower in Tuesday trading with Treasury 3 ½s at 46 49, Treasury 4 ½s at 47 52, and Treasury 3 ½s at 51 55. Federal Farm Mortgage 3s traded around 42 47 and 49, Home Owners Loan 2% at 45 49, and 3s near 65.
European war fears ease modestly as New York markets bounce from declines. London Paris and Amsterdam aided the turn with lead issues up 1 to 3 points. transfers around 700000 shares. Bonds rose, while favorites included U S Steel Bethlehem General Motors Chrysler Westinghouse du Pont Douglas Sperry Eastman Kodak. Aviation stocks led gains with Lockheed Grumman Bell American Gas and Electric.
The Iowa House approved a bill taxing and regulating itinerant house to house merchants with three no votes and ninety-two yes. The measure sets a $2 annual license fee and requires liability and property damage insurance for itinerant truckers. Rep. A W McFarlane of Waterloo argues it targets local merchants’ footloose competitors.
Chicago market notes list cash prices for wheat corn oats soybeans barley and seeds. Prices cover No 4 hard No 4 mixed No 2 yellow and white oats sample grades and seed timothy red clover red top with lard products including tierces joose and bellies reported with nominal ranges.
AP dispatch from Minneapolis notes wheat receipts Tuesday total 74 cars versus 53 a year earlier. Trading basis unchanged with quotations down 1 cent. Cash prices listed for No 1 heavy dark northern at 73.54 to 75.0 cents, No 1 dark northern 73.40 to 75.0, No 1 dark hard or No 1 hard Montana winter around 71.5 to 73.0, dark amber durum No 1 at 66 to 81 1/4, No 1 red durum at 62 1/4 cents. Corn No 3 yellow 41 1/2 to 43 1/4, oats No 3 white 27 1/2 to 28 1/4, barley 30 to 65 cents.
County Attorney G K Thompson dismissed the operating while intoxicated charge against Michael J Hennessey of Cedar Rapids after an affidavit with four witnesses signatures. Hennessey pled not guilty and posted a 500 bond. a civil settlement was reported with the Straussers and Weltzes.
Charles Kubec, 41, of Cedar Rapids, convicted by a district court jury of operating a motor vehicle while intoxicated. The four hour and 15 minute deliberation ended at 1:45 p.m. Tuesday with Judge J. E. Heiserman presiding. Sentence set for Friday at 9 a.m. Bond of $500 continued after police had followed Kubec’s car for blocks in the early morning of January 13.
Charles A. Chehak, 38, of Cedar Rapids, was fined $300 and costs after pleading guilty to operating a motor vehicle while intoxicated. The arrest occurred September 17, he withdrew a prior not guilty plea on September 22, and was granted 60 days to pay due to illness.
A defendant has filed notice of appeal to the state supreme court challenging a lower court ruling. The notice indicates the intent to seek review on specific issues raised during the trial and requests formal transmission to the appellate court.
Judgment totals of 33500 for Robert H. Brooks and 981.06 for Homer H. Brooks were filed with Court Clerk Ed Lundquist after a bicycle incident on Third Avenue SE involving Paulson Electric Construction. The jury returned verdicts for the plaintiffs on December 2. The appeal contests consolidation for trial.
Joseph Gremavido, 56, charged with selling beer during prohibited hours, received a 90 day county jail term from Judge J E Heiserman, suspended on good behavior and payment of costs. He surrendered his class C beer sale permit. Police saw an out of town buyer take a case of beer from his First Street SW store on Sunday December 18. Gremavido had entered a guilty plea after withdrawing a not guilty plea on December 19.
The will of A J Simmen of Alburnett who died March 7 was probated on Monday. Legatees include son Charles W Simmen daughter Clara Louise Ashbacher and grandchildren Robert Carl Simmen Ralph G Simmen and Esther Louise Simmen the three children of a deceased son Harry W Simmen and Rudolph Ashbacher. A J Scheuler named executor and the will is dated October 16 1934.
Virgil Horak names Edsel Sea bury and the Register and Tribune Company as defendants in a 775 dollar car damage and personal injury action. Seabury is listed as a Register and Tribune employee in Horak s petition over a collision between Horak and Seabury at the junction of highways 13 and 151 on February 25.
Alta May Metcalf and Elza Bowers, both 23 of Toddville, pleaded not guilty before Judge J E Heiserman to uttering a forged instrument and forgery charges. Bonds totaling 3000 each, with both in county jail at noon Tuesday.
Secretary Wallace says the current farm program should stay in place to help agriculture if improving business conditions lift national income. He estimates an $80 billion national income would raise agriculture's income to about $8.8 billion, with gains since 1937 and 1938 restoring purchasing power near 1929 levels, though that level was insufficient.
Maquoketa school board renewed E L Miller superintendent with a three year agreement while W A Erbe principal was reelected for one year. Miller, formerly of Marion, is in his second year here and Erbe in his first. It marks the first time a three year superintendent contract has been offered locally.
New Bern, the second oldest town in North Carolina, was settled in 1710 by Swiss immigrants establishing a historic colonial community.
Want ads report several small items lost including tools in a canvas roll on the east side with a reward and contact 2 6230, a lost wages claim of 15 dollars in a billfold with reward 8402, a 20 dollar bill lost near the Me Too Store with dial 7027, and a lost white faced female Toy Boston Terrier with left eye red and tag 29340. Also listed Towing Service Yellow Cab Co with phone 2 2183, and miscellaneous ads for spare dollars, Castor olive oil compound offered at 7.50, Artiste at 115 119 3rd St NE, and Paris Beauty Academy offers permanent shampoo for 1.00.
NOVAK HEATING CO. DIAL FURNACES repairs gas oil or coal burning furnaces. HAWKEYE TIN SHOP call 2-7452. TREE WORK of all kinds with free estimates. We handle manures and cinders for sale. PRUNING fruit trees grapes and berry plants, experienced and guaranteed. Dial 2-2629. CINDERS AND MANURE RED YOUNG Dial 2-4623.
Mrs. Mattie Bass of Valdosta Georgia arrived Saturday to visit her brother J H Townsend at 111 Seventh Avenue SW for two weeks. Home Rebekah lodge will meet Wednesday at 2 p.m. at 1624 Green Avenue NE. City Attorney Don Hines will speak at the Triton Club meeting Wednesday at 7 p.m. in the Y M C A to discuss his recent trip to the FBI in Washington.
Twenty improper registration cases filed in Justice H R Churchill court by noon Tuesday tied to highway patrol enforcement begun last Thursday. Most defendants used 1938 Iowa plates. one used a 1938 Illinois plate. Fines varied from costs to 10 dollars plus 2 dollar penalty. several promised 1939 registrations. six cases dismissed after valid 1939 plates shown. Sergt Clarence Day said patrol will push campaign until all motorists obtain 1939 plates.
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