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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 14, 1938
Page
4
Chicago and Omaha livestock markets show hogs steady to 10 cents higher amid mixed cattle and sheep activity. Chicago receipts include 24,000 hogs with 7,500 direct sales. Pittsburgh and Cleveland mixed results. overall market cautious with limited advance.
Grain and produce prices listed for Cedar Rapids including wheat oats rye barley corn soybeans hay straw butterfat cream eggs hides and pelts with varied price points for Nos 1 2 3 quality. Wholesale fruits and vegetables show prices for lemons oranges grapes celery lettuce bananas onions and crates of carrots potatoes and pears. Also notes on horse and calf hides and a loose line about ponies.
Receipts total about 5 000 calves 800 slaughter steers and yearlings at Sioux City. Cattle stock steady to active with medium weight beeves above 11 50 and loads around 9 25. Hogs receipts 6 500 with direct market fully steady led by 170 lb butchers around 7 40 and top s around 7 55. Sheep 2 500 no early fat lamb action and feeder lambs scarce with fed ewes steady.
Hog prices hold firm with mixed lifts in Iowa and Illinois markets. Receipts in Chicago show good to choice 190-310 lb hogs at 7.60 to 7.80, while cattle and sheep trade remains cautious with steady to lower tones. Iowa markets report steady to higher ranges for 140-350 lb hogs and 180-350 lb sows with variable packing values.
Receipts show 15000 hogs with top around 7.60 for 140 150 lb cattle and 180 260 lb. calves steady with best over 9.50. sows 7.25 to 7.35. feeder pigs 7.75 to 8.25. Sheep receipts 17000 with natives and Dakotas selling 3.00 to 3.50 and feeding lambs 6.50 to 7.25 amid quiet slaughter lamb demand.
The local hog market remains steady with top prices around 735 while cattle trends show a 25 cent dip. Hog weights from 140 to over 350 pounds appear with varied bid ranges and packer offers, while cattle and calf futures show mixed price levels across weight classes and quality grades.
Chicago AP market notes show live poultry loads in focus with hens, turkeys, ducks, and geese priced per pound. Butter and eggs move steadily with varied regional scores, while potatoes and cheese prices reflect broader supply trends across New York and national markets.
Financial brief covers pound and franc declines amid gold content reevaluation causing selling pressure. Currency quotes include Britain 4.71 and France 3.635 with others listed. Sugar futures steady with slight gains and refined price unchanged. Boston wool market described as slow but firm with specific bid ranges for French combing wools.
General Malin Craig chief of staff urged a quickening of the army modernization program to perfect the nation's land defense for the contingency of war.
The stock market faced profit taking with industrials retreating fractions to multiple points. An opening dip gave way to a comeback as offerings pressed prices. by noon liquidation eased and volume reached about 1.6 million shares. Steel and motor names led declines while optimism on business and the election persisted amid European nervousness.
Publication of Monday stock quotations lists numerous companies and exchange names such as Adams Express Alaska Juneau Johns Manville Allied Chem Am Power Am Steel, with a long roster of tickers and prices. The text also notes Mississippi River stages in Davenport and surrounding river towns with rise and fall readings for water levels and times.
Lieut. Gov. John K. Valentine disclosed a 473.73 dollar expenditure in his failed bid for reelection on November 8. He reported 325 dollars in receipts to the secretary of state.
In a slow session on the Chicago board of trade, wheat prices moved in a narrow range near previous closes. December dipped to 63 3/4, corn rose to around 48 1/2, and oats were largely unchanged as Liverpool and Winnipeg prices influenced minimal activity.
API secondary rails were easy with some Industrials showing strength. Nickel Plate nondeposited 6 per cent notes maturing Oct 1 rose above par for the first time this year while Southern Pacific and Illinois Central bonds dipped. U S Government bonds closed with declines in several maturities and some issues firmed in fractional gains.
UAW official Zygmund Dobrzynski testified that Michigan communist leader William Weinstone outlined a wartime plan to seize automobile labor to pressure the United States to favor the Soviet Union. He described conferences on pretending sympathy to learn policies and called the auto industry central to armaments during war. A separate note says North Carolina plans 75,000 black walnut trees to boost cabinet wood supply.
Cedar Rapids physician Dr J K Von Lackum was chosen president of the Iowa academy of ophthalmology and otolaryngology at a Davenport meeting. Iowa City was set as the 1939 meeting site and Cedar Rapids will host the 1940 gathering. Dr C S OBrien of Iowa University's eye department spoke.
George Fort Milton publisher of the Chattanooga News says private power interests seek to destroy the Chattanooga News for backing the Tennessee Valley Authority. His statement was issued in Des Moines Iowa after charges of subsidizing the Chattanooga Free Press.
Jury panelled before Judge H C Ring on a 69 797 dollar personal injury case of Mrs Dorothy H Skaren of Atkins versus Witwer Grocer Co of Cedar Rapids. Incident occurred June 26 1934 on Highway 30 at Clinton township intersection when a Witwer semi trailer allegedly lacked lights and protruded on the road. Skaren alleges blindness in one eye and other injuries with hospital stays in Cedar Rapids and Iowa City. Defendant denies liability and says the truck stopped to aid others after a separate accident.
The receiver acquired the property via sheriff's deed under a second mortgage claim but Perpetual Savings and Loan holds the first mortgage. Bates plans an exclusive twelve month repurchase option at the first mortgagee's net investment as consideration for the transfer.
Advertisers must provide references to The Gazette for automobile transportation. The notice urges readers and advertisers to exchange references when arranging car moves. A $25 reward is offered by The Gazette for arrest and conviction of anyone defrauding readers through Want Ads.
Helen Jamieson receives a decree from Judge H C Ring annulling her February wedding to Robert W Jamieson of Mount Vernon at Aberdeen South Dakota on grounds he lacked majority and parental consent. Maide n name Helen Manley restored.
J F Ryan filed a $10000 personal injury suit against Martin Enders for injuries from a car crash at First Avenue E and Twenty third Street on Sept 18 1937. Ryan dismissed the case with prejudice before Judge C J Haas.
Wendl B. Gatto doing business as Local Drug Company asks dismissal of Mead Johnson and Company injunction action. Mead Johnson seeks to restrain selling plaintiffs products below a price schedule. The defendant denies the cited sale was below the schedule price.
Paul Jerabek doing business as the Pilsener Distributing Company of Cedar Rapids denies any indebtedness to the plaintiff and asks the petition be dismissed in response to a $1 627 04 account action for F C Verbest as trustee for Pointer Brewing of Clinton. The case was filed Oct 28.
D. W. Bates as receiver of the Cedar Rapids Savings Bank and Trust Co petitions the district court for authority to transfer property located at 425 29 Second Street. The filing outlines the transfer action and seeks orders granting the necessary legal clearance.
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