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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 04, 1938
Page
8
Receipts show cattle and hog markets steady to weak with bearish tone for buyers. Chicago and other centers report mixed cattle demand and strong hog activity, with top steers near 825 and calves steady. hogs traded steady to firm with several price ranges across regional yards.
Grain prices list No 1 Tic No 2 Sic oats 22 cents No 2 yellow soybeans 60 cents May and straw: baled tame 9 dollars bale straw 3 dollars produce prices butterfat 27 cents No 1 cream 26 No 2 cream 24 hens 15 cents Leghorn hens 21 calico cocks 9 Leghorn cocks 1 cent. Fruits vegetables lemons 5 25 oranges 2 8543 25 grapefruit 3 50 celery 3 25 crate lettuce 5 50 sweet potatoes 1 75 per hamper onions 1 40 4 12 75 cabbage 2 35 2 65 carrots 1 35 2 50 crate potatoes new 0 50 2 23 hides prices shown for various grades horses and ponies listed with prices.
Local hog prices hold steady with top at 770 while cattle values rise slightly. Listings show various hog weights from 140 to 600 pounds with steady bids and packers seeking good hogs, alongside calf and lamb notes and mixed steer and cow quotes across the market.
Chicago receipts show live poultry and eggs steady. hens, leghorn prices and turkey quotes listed. Butter and eggs in New York show mixed color premiums, creamery butter higher on the market, cheese prices unchanged.
Sugar trading remained quiet with spot at 2.80 and no sales Lined up while futures showed little movement. No. 3 contract steady near 1.90 to 2 points, Sept at 2.00, No. 4 confined to March at 103.72, refined range 4.54 to 4.65 with smaller withdrawals. Foreign exchange reported a franc devaluation rumor and broad dollar strength, with many currencies lower against the dollar. Wool market in Boston saw moderate demand for bright fleece wools at 26 to 28 cents in grease, with finer western wools quiet but steady.
Katharine Hepburn ends her contract relation with RKO over a role dispute. The temperamental star rejected several proposed parts as unsuitable to her talent, calling the breakup amicable though decisive. Her contract still had six months to run.
Wheat on the Chicago board ended largely unchanged to up a fraction as crop damage in Oklahoma and Texas raised markets. Corn and oats showed modest gains amid mixed southwest news, while export business and rainfall shortages influenced sentiment. Prices reflected cautious trade awaiting new developments.
New York bonds traded higher on Wednesday with U S government issues advancing and railroad bonds lifting. Major industrials and utilities edged ahead while U S Steel announced a $100 million debenture issue, bolstering optimistic financing signals.
Lee Dougherty of Davenport was elected chair of the United States Chamber of Commerce resolutions committee. He announced a constructive program to advise on national affairs and help solve problems. A. L. Taylor of Cedar Rapids and J. B. Steward of Clinton also attended from eastern Iowa.
Washington reports the senate sent to conference a bill creating additional district and circuit judgeships after the house passed it on Tuesday. The measure aims to expand the federal judiciary.
Jed Smith aged 76 inmate at Christensen home for the aged in Laurel Nebraska died after a truck backing from an oil station ran over him. An aged county inmate, his death occurred Wednesday according to AP reports.
New York traders rallied as gold shares spurred modest market gains. News that France may revalue its currency boosted golds and mining stocks while other mining issues followed the trend and industrials recovered from early losses. About 550000 shares changed hands.
Wednesday quotations show widespread activity with many issues including Adams Express Alaska Juneau Allied Chem Johns Manville Lehigh Valley Loews Lorillard and more. Key names include Union Carbide General Electric Coca Cola at varied prices and notable movers across industries.
At the American Red Cross convention in San Francisco Charles H. Hunt warned that avoidable accidents kill more people than World War I casualties and injure tens of thousands daily. He cited 26,000 serious injuries and 274 deaths per hour with a $3.45 billion annual economic loss, urging schoolchildren to help curb the issue.
George Emil Bednashek of Solon and Ruby Maxine Reese of Lisbon obtained a marriage license. Louis Lacina and Mary Lacina, both of Cedar Rapids, also received licenses.
Six firms bid on two Linn County road patrol maintainers but awards were deferred to next Tuesday for detailed bid inspection. Enclosed cabs lights snowplows and scarifiers are required. Bidders include J. D. Adams Indianapolis James W Bell Cedar Rapids Dakhart Hughes Des Moines Martin Roosa Cedar Rapids Waterloo Construction Waterloo and Wilson Road Des Moines.
The House consigned the $1 156 000 000 naval expansion authority bill to conference to reconcile differences between the Senate draft and the House version. It also sent the $448 000 000 war department bill to conference for adjustment.
The Waltonian Archers sponsor an archery jamboree at Ellis Park Sunday afternoon with a window display at 225 Third Street SE running today through May 7. Exhibits include historic bows, Indian and Chinese bows, a Byrd Antarctic expedition bow, quivers, and modern equipment valued in the hundreds of dollars. The event features the William Tell shoot, tests of penetration, life size game targets, spectator shoots, novelty shoots, and public instruction demonstrations.
Ade Schumacher Northwestern university assistant athletic director spoke to thirty Northwestern University club members in Cedar Rapids about athletics and scholarship. He noted eighty seven top high school athletes sought admission last year but only two met scholastic standards and said students may hold jobs to pay their way through school. The meeting featured a candle lighting ceremony symbolizing loyalty to alma mater and was followed by buffet supper. Local committee members were Neil Montgomery Mrs Frederick N Lutz and Dr R J Stephen.
A collage of items from a newspaper page includes lost cats and a dog with contact numbers, storage ads for fur cleaning, insurance and jewelry services, article-like notices on pay debts and personal ads, plus a flood of beauty salon promotions and Mother’s Day specials. Named places include Dickie the black cat, Loston the terrier, and Ginsberg's Jewelry, along with various addresses and phone numbers.
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