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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 25, 1938
Page
10
Chicago trading at the stockyards halted by labor trouble with hogs and cattle receipts varying across markets. Reports show Chicago hogs and cattle volumes, with Pittsburgh Cleveland and East St Louis markets sharing mixed strength and weakness.
Wool market here was quiet with buyers avoiding concessions and prices steady in fine territory. In New York the No 3 futures held at 210 May 6 and 213 July. refined and granulated prices moved slightly, while cash and No 4 dipped modestly. Foreign exchange shows the British pound weaker against the dollar amid European political concerns, with mixed moves across major currencies and regional quotes in Canada France Germany and Japan.
AP dispatch from Chicago notes mixed receipts and unsettled bids for live poultry including hens, leghorns, colored varieties, Plymouth Rock and White Rock bantams, with price ranges from 12 to 18 cents per pound and notes on dressing, ducks, turkeys, and small colored birds. Butter prices on the creamery line are listed with scores and extras at multiple lines.
Grain and produce prices listed for Cedar Rapids including Wheat No 1 at 55c No 2 at 52c oats No 3 white 18c rye No 3 96c corn yellow No 2 Jic No 3 yellow Soybeans No 2 yellow 64c hay prices 7.00 for baled tame hay and 5.00 for baled straw butterfat 26c cream 25c 23c etc. Livestock and potatos listed with varied prices and offers.
Hogs gain ten cents on the local market with top quotes near 745 dollars while cattle hold steady. Good hogs across weight ranges 100 to 170 pounds show higher bids, and packers report active demand. Cattle futures show mixed to strong prices for steers and yearlings, with sheep and lamb markets listing varied quality quotes.
New York bond activity showed a steady course with gains and losses about even at midday. Utilities and industrials held firm while rails sagged on scattered rains. government issues edged higher for Treasuries and mortgage-related bonds displayed a mixed tone across the board.
After resident pressure in northeast Cedar Rapids Cedar Rapids City Lines agreed Friday to extend the North Thirteenth street bus line for a 30 day trial. The route runs along Center Point road to Thirty second street then to Oaklind road and back to J avenue before returning to Center Point road.
Dr Glenn Frank former UW president declares he will not under any circumstances return to the position from which he was ousted in January 1937.
Jeff Davis, known as Hobo King, settled his suit against Paramount Pictures for 250 dollars after filing a $50,000 claim for services as a technical adviser. Davis announced the agreement on Friday.
Postal officials say that when a letter is delivered after years the fault lies in a care less patron rather than the mail man.
Chicago traders report corn prices steady to higher on strong demand from shipping interests and locals, while wheat weakens on liquidation and slow activity. December wheat dips modestly. corn holds near previous levels as oats edge up. Argentine and Australian shipments influence futures. Manitoba exports rise with better inquiry in Winnipeg.
London story profiles Louisa Allen a 60 year old World War widow who cleans and polishes porcelains for Rochelle Thomas the London antique dealer. She averages 150 to 160 pieces daily over twenty years without breaking one, amounting to about fifteen million dollars in value. She now displays 350 pieces as a hallmark of her careful work.
A state of siege was proclaimed after the arrest of revolutionaries who tried to persuade a Carabineros regiment to join an anti government movement. Tristan Maroff escaped arrest by taking refuge in the Spanish legation. The country was reported quiet.
In New York the market saw gains for favorites early, but later most issues retreated from highs. Transfers reached about 850000 shares as bonds and commodities moved unevenly. Top yearly performers included United Aircraft Sperry Aviation Consolidated Aircraft Richfield and Safeway Stores with others like Douglas Aircraft Boeing and General Motors showing strength while many steels and rails posted modest gains.
Stocks published by Bennet Co show Adams Express at 107 and various issues including Anaconda Copper 33 and Armour & Co 10. Prices span many major names with notable firms such as Westinghouse, Chrysler, General Electric, and United States Steel listed among active traders. The report captures broad market movement and price points across industries from metals to consumer goods.
The Duchess of Athol quits her seat in the House of Commons after Kinross and West Perthshire Unionist association voted 173 to 167 against her renomination. She intends to contest the by election as an independent or independent unionist, opposing Prime Minister Chamberlain over foreign policy including Spanish non intervention and Munich.
Rabbi Stephen Wise, president of the American Jewish Congress, denounced Britain's plan to settle Jews in former German colonies in Africa. He urged opening Palestine to refugees and proposed admitting 30,000 German Jews immediately with staged additions, while strengthening the boycott on German goods.
The Winchester fire department made the quickest run in local history when a blaze ten feet from the fire house threatened the city building. A curtain in the second floor old age pension office burned, prompting the alert and rapid response.
Beauty shops advertise permanent makeup at Lovely Lady with guaranteed results and new equipment. Customers invited to enter through the alley back of the theater, use free parking, no appointment needed, with contact numbers and addresses for two shops.
Louis J Erie 48 held at Anamosa reformatories after December commit for fatally wounding his mother in law Mrs Elizabeth Kruchten may be returned to face murder trial. County Attorney Robert Knudson said after Dr R A Stewart Independence state hospital superintendent declared Erie of sound mind.
Wage hour Administrator Elmer F Andrews was told WPA workers loaned to his department would be withdrawn by January 11 due to lack of funds in the relief agency. The action, first disclosed by Capitol Hill sources and the labor department wage hour division, was noted in a confidential WPA Hopkins letter to Andrews.
A Bulgarian customs guard was killed and three Bulgarian soldiers captured by a Romanian border post on the Danube near Lom. The incident occurred Thursday and was reported Friday by SOPFTA in Bulgaria.
F J Sorge, a Pocahontas banker and former president and secretary of group two of the Iowa State Bankers association, died at his home Friday. He had spent 32 years in banking.
Ninety geisha girls staged a strike in Tokio and Yotsuya demanding higher wages and shorter hours for tea house entertainment. They picketed their quarters on Friday to press their complaints.
Special to The Gazette report covers the wedding of Miss Leona Breitbach to Joseph Menster at St Martin's church with Rev William Menster officiating. It notes attendees Miss Marie Breitbach and Karl Menster and mentions music by organist Mary Donnallty. Also covered are the death of Joseph McArthur at Dubuque following surgery and funeral plans, funeral services for Joseph Martinee in Urbana, and the opening of a new WPA recreation center in Grinnell with Dec 1 start for crafts and social programs.
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