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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 19, 1938
Page
9
Hog prices rose 10 to 15 cents in Chicago after a smaller hog run of about 14 000 head cut supplies. Top hog price climbed to 7 3 4 dollars while four year low, with mixed results at Pittsburgh Cleveland and East St. Louis markets.
Chicago and rail hub summaries show hogs steady to higher with direct sales strong for 10 to 210 pound categories and cattle receipts at 19 000 with bids easing on some grades. Sheep volumes near 6 000 with lambs firm to higher. South St Paul and Sioux City reports note slow slaughter and strike-related plant halts.
The Associated Press dispatch details hogs cattle and sheep receipts and price ranges from Ottumwa Waterloo Mason City and Mason City markets. Hogs show moderate gains with specific weight brackets rising. cattle and calves mostly steady to weak with limited buyers. sheep and lambs mixed with higher direct killing classes noted.
Pack weights and prices listed for hogs in ranges from 275 to 550 pounds with various price points in dollars per hundredweight. The entry covers Austin Minn and Des Moines Iowa receipts, with detailed quotes for hogs by weight, plus packing sow values and 24 hour period totals for combined hog receipts across interior Iowa and southern Minnesota.
Local market reports show hog prices up 10 cents across grades with top at 725 dollars. Cattle and calf markets list ranges for steers heifers and bulls, with spring lambs at seven dollars per head.
Prices for grain and produce in Cedar Rapids range from wheat and corn to oats and soybeans with figures for No. 2 white, No. 3 white, rye, barley, and shelled corn. Market notes include hay, straw, dairy, poultry, and fruit items with assorted wholesale prices and cattle hides and leather notes.
The New York bond market drifted with small gains and losses amid mixed issues. Ches apeake and Ohio 4s, Alleghany related stock moves, and U S Steel and AT&T issues showed varied shifts while foreign bonds edged differently, with government and home loan securities closing modestly higher or lower.
Chicago produce receipts steady with mixed poultry and egg quotes. Leghorn chickens 13 cents, broilers 18, hens 17 cents, turkeys 18, butter receipts 835740, eggs 4 658, fresh wrung extra prices listed. potatoes and apples with varied U S No 1 prices. overall demand fair, supplies moderate, arrivals 65 on track 293, shipments 397.
AP report from New York lists egg receipts at 11 207 firm with varied colors and pack types. butter receipts 987.5 steady with creamery higher than extra. cheese receipts 300 773 steady and unchanged.
New York stocks opened with selling pressure as prices advanced then pared gains amid persistent downturns. A late steel rally followed reports of concessions withdrawal but profit-taking dragged major issues lower. Rail leaders gained while many industrials including General Motors and Du Pont declined.
Wall Street quotations show widespread trading in stocks across Adams Express to Warners. Key listed names include Allied Chem Allied Stores Amoco Nickel Allis Chalmers Lehigh Valley Westinghouse and North American Coal among others. The column also lists Chicago market figures and closing prices for several large corporations including General Electric, U S Steel, Ford, and Shell reflecting a broad, era specific snapshot of the day’s market activity.
Philadelphia AP report states socialite Katherine R. Fell, daughter of the late Mrs. Helen R. C. Lycett, announced engagement to her stepfather Edward Lyddon Lycett, a dog fancier. It is Fell’s second marriage and Lycett’s third. She is 28, he about 45.
Wheat and corn prices firmed on the Chicago board of trade as export demand revived and outside markets strengthened. Wheat led gains, with December up 34, corn up about 34, oats rising. Liverpool and Winnipeg trends supported the move amid US export sales of over 700,000 bushels mainly Manitobas to the United Kingdom.
Plymouth Wisconsin lists weekly cheese quotes with varieties like Tw in s Daisies and Cheddars ranging around 12 1/2 cents. Sugar and wool markets show minor shifts while foreign exchange rates edge higher for several currencies in quiet trading.
Executives and county agents from 33 eastern Iowa Farm Bureaus gathered at the Hotel Montrose in a tri district executive session. Iowa Farm Bureau president Francis Johnson presided with state officials W. B. Hamilton O. W. Bealer and E. C. Campbell in attendance. About eighty men attended.
Linn county republican women schedule a Thursday 2 30 p m meeting in the Crystal ballroom Montrose hotel to hear Fred Everett republican candidate for attorney general. Ina Hibbard leads the program and tea plans are by Mrs. Arthur E. Chase and Mrs. F L Diserens with Mrs. F K Hahn and Mrs J W Ballard at the tea table.
The Iowa State Savings Bank of Cedar Rapids receivership ends a quarter with a $5,000 final payment on bills payable and cash on hand of $5,412.14. J R Drake, examiner in charge, reported a quarter with $9,171.12 receipts and $8,999.74 disbursements. Judge Ellison approved the seventeenth quarterly report and related building fund balance of Cedar Rapids Savings Bank and Trust.
The state relief office dropped four Cedar Rapids groceries for 60 days and two for six months from relief scrip orders for supplying non permitted merchandise. County supervisors ratified the action and also barred the stores from county aid scrip orders for the same periods.
Linn county supervisors awarded a two mile gravel surfacing contract in Linn township district 107 to Baker and Patton on a low bid among three. Independent bids ranged from 69 to 87 cents per yard for an estimated 3,000 cubic yards. The action also sanctioned a creosoted wood pile bridge project in Fayette township at about 1,000 dollars.
The defense moved for a directed verdict as Les ter Webber sues E. K Larimer Hardware Co for 5000 in Cedar Rapids. Webber, injured when galvanized iron sheets allegedly fell at the Larimer warehouse last Dec 24 while he held others. the warehouseman was fetching a specific sheet. The defendant denies responsibility.
The county board blocked a $29,600 transfer from the emergency fund to the poor fund due to lack of unanimous vote. First District supervisor dissenting. Board chairman Elmer M. Seevell said no immediate impact on the poor fund. Also probate news notes the will of Joseph Keogh dated October 29, 1937, probated Tuesday with brother William T. Keogh named beneficiary and Donald T. Hines as executor.
A military seaplane participating in army maneuvers exploded while landing near Bucharest on Tuesday. All three crew members died in the accident.
Card of Thanks from the family of Mrs Charles Dusek thanks Mr Hlubueck Janeba and Wilson Co employees for floral offerings. Also notices lost dog a black and white cocker spaniel pup and lost keys in a brown leather case with a green Sheaffer pen. Reward offered. Rummage sale details and a $25 reward for fraud via Want Ads.
Classified blurbs advertise automobile transportation references, moving services Allied Van Lines agents, storage, and local pickup. Beauty shops list permanent waves from $1 to $3.50, with multiple salons, contact numbers, locations on 2nd/3rd avenues and southeast streets.
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