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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 14, 1938
Page
2
Chicago livestock market shows small salable supplies across hogs cattle and sheep. Hog receipts about 5 000 with top hogs at 8 25 per cwt. cattle receipts near 200 with prime steers around 10 65. sheep receipts 7 000 with fat lambs weak and bulk lambs trading near 7 74 to 8 50.
Wheat prices marked No 1 Tic No 3 at 73 cents. Oats 22 cents. Rye new No 2 45 cents, Barley No 2 38 42 cents. Corn shelled No 2 yellow 4 74 cents, No 3 yellow 4 57 4 cents. Soybeans No 2 yellow atc May. Straw. Hay bale 9 dollars. Butterfat sweet 27, No 2 cream 26. Hens over 5 to 1 1 cent, 4 to 5 3 pounds 15 cents, under 4 pounds 1 cent. Leghorn hens lic. Colored cocks Sc. Leghorn cocks 7 cents. Cheese price etc. Wholesale fruits vegetables Lemons 5 25, Oranges 2 90 6 73 35, Grapefruit Texas 2 85 3 75, Celery 3 00 crate, Lettuce 5 25. Sweet potatoes 1 50 1 75 hamper. Bananas 4 2 4 4 4 cents. Onions 1 75 1 1 2 75. Cabbage 2 00. Carrots 1 35 2 50 crate. Potatoes new 1 10 1 40 50 lb bags. Hide market No 1 cured beef hides de. No 2 cured beef hides te. No 2 calf 6 cents. No calf Se. No 2 pony 2 s aes 0. Oorst including manes and full tatle pony and glue hides half price.
Cattle receipts at Sioux City and Omaha show steady to higher week totals with mixed beef and feeder prices. Hogs and sheep also posted gains in some classes, while several regional markets reported unchanged to firmer quotes across weights and grades.
Combined hog receipts across 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 3 am Saturday totaled 10 500, down from 22 000 last week and 8 500 a year ago. Prices ranged by weight from 140 to 160 pounds up to 550 pounds, with quotes noted for light, medium, and heavy hogs and sows.
Receipts at St Paul Livestock rise with cattle firming across categories. Slaughter steers up 25c, yearlings and heifers 15 40c higher, cows 15 25c higher, bulls 25c plus. Hogs steady to weak with spots 10c lower. 1000 receipts. Sheep kilos show lambs strong to 10c, ewes 40c lower, woolled lambs 8.00 to 8.25, woolled feeding lambs around 5.00-5.50.
Hogs are steady on the local market with no changes in any grades on Saturday. The top price holds at 7.80 as other local markets report no changes.
Wisconsin cheese market notes for next week list Twins cheddars at 13 cents, Calisies 13 cents, horns 13 cents, and cheddars 12 ½ cents. Foreign exchange data show minor losses in major European currencies, with morning rates for many nations. Wool market in Boston reports slow demand and steady to easier prices for western wools. spot wools mostly unchanged. New York curb market shows irregular trading with several stocks up or down modestly. Metals markets indicate copper, tin, lead, and zinc steady. other metals unchanged.
New York raw sugar remains at 2.75 a hundredweight with no sales. futures quiet and steady amid weekend covering and light trade. Refined sugar unchanged locally at 4.55 to 4.65 cents per pound for fine granulated.
Chicago prices show unsettled butter receipts at 1,027,576 with creamery and various grade quotations. Eggs firm with storage prices. potatoes in U. S. No. 1 range and arrivals steady. New York reports firm eggs with mixed colors, butter receipts over 1.5 million, cheese prices unchanged.
In a quiet Saturday session in New York investors pressed modest losses with fractions to a point declines across many issues. The market lacked strong trading action as total transfers hovered around 250000 shares. A slight near end rally lifted several leaders while utilities faced profit-taking and several major names showed mixed results across sectors.
Wall Street stocks list featured bids from Adams Express to Swift & Company with numerous names across industries. Key firms like Allied Chemical, Amern Can, General Electric, U S Steel, and Penn RR appear among active price quotes, alongside utilities, oil, and mining stocks, reflecting a broad, mixed session on the Exchange.
New York bond prices moved unevenly in light Saturday trading with few strong spots tied to news developments. Radio-Keith-Orpheum led gains after news of accelerated reorganization, while several issues held steady or slipped. government and foreign dollar lists showed limited changes amid a cautious session. A stray paragraph notes unusual social customs in Paramaribo and Germany uses long photo electric border alarms against smugglers.
Wheat prices showed minor moves on the Chicago board with September futures up near opening then closing slightly lower as May futures stayed comparatively strong. Corn and oats finished mixed with small losses and little change, while slight buying came from hedging and export interests amid favorable U S crop weather.
Market brief shows May wheat at 1 167611654 with highs and lows noted, July at 1.0546 and Oct at 881402. Chicago cash grain lists No 3 wheat and No 2 corn prices, oats and barley bids, with minor changes. Minneapolis cash grain reports receipts, No 1 heavy dark northern at 9634c, No 1 dark northern 9434c, durum values, and corn and oats bids.
The Supreme Court met in conference to decide whether to grant the National Labor Relations Board a writ of mandamus to compel the Third Circuit to lift its decree blocking further action in the Republic Steel case. This follows the Kansas City stockyards ruling and amid concerns over agency conduct and the justice system.
The German government protested to Brazil after six German citizens were arrested in Rio de Janeiro on suspicion of involvement in a failed fascist uprising against President Getulio Vargas. Brazil assured the German embassy the arrests were individual and not tied to any foreign power. Vargas accused the greenshirts of seeking foreign aid without naming a source.
WPA chief Harry L. Hopkins said charges of political activity by workers in Pennsylvania were substantiated in only a few cases but largely untrue. He replied to Philadelphia party leaders who accused state Democrats of coercing WPA workers, noting thorough inquiry and disciplinary action where charges matched evidence.
A sequence of property transfers dated 1938 detailing Stella Erwin to John H Fillmore. Melville D Hutchinson to Alonzo and Estella Clawson. City of Marion to Hubert C and Bertha L McCalley. Lillian Marguerite Bleakly to William Henry Bleakly. Lincoln Oil Co. to grantors. various others including Alice Sturtz to Charles and Marian Bushnell. Frances Swab to Oliver Swab. James Vlasaty to Edward and Alice Jones. Stodola transfers. Country Club Hts Realty Co to Frank Whitters. Linn Co Treasurer to Clara Blinks. Odd Fellows transfer via Charles Army. Henry S Ely & Co. Cora B Nield to Mary Hoy. and W R Watsabaugh administration of Alvin Metcalf estate, all with nominal sums and covenants.
Marion News reports Mrs Rose Cessford elected president of the Reading circle for the coming year at a Friday breakfast hosted by Mrs Mary English marking the year’s close. Lottie Levasseur as vice president Ora Crowner secretary and Laura Kindler treasurer. Fifteen members and guest Mrs L A Johnston attended. Family picnic planned for June 10.
A compact church schedule lists pastors and service times for Marion churches including Baptist The Rev L Winman Cedar Rapids First Baptist Rev Grant Anderson Catholic Rev Father T J McElliott Christian Rev Irving E Wade Congregational Walter H Staves Free Methodist Rev C O Monroe Methodist Episcopal Rev E T Gough Presbyterian Rev C V R DeJong St Paul s Lutheran Rev Carl E Krog with times for Sunday school morning worship sermons and midweek activities available at each church.
Washington reports deny a resignation claim by Secretary of Commerce Daniel C. Roper over the proposed transfer of the bureau of foreign and domestic commerce to the State Department. Stephen T. Early and Roper both dismissed the rumor, stating no resignation is pending. A London officer tested sobriety with a misused “tram line” gag, arresting a suspect unable to follow it.
The Walther league will meet at 7 30 p.m. Sunday at Seventh Day Church of God on Sixth Street at Ninth Avenue. Sunday school is Saturday at 10 30 a.m. Preaching follows at 11 30 a.m. Prairie Chapel lists Paul Clements as acting pastor with Sunday school at 10 a.m. and morning worship at 11.
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