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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 21, 1938
Page
17
Chicago hog prices gained 10 to 15 cents with strong activity at the stockyards. Reports cite top price around 8 dollars, with gains across other markets like Pittsburgh Cleveland and East St Louis. Cattle and sheep sectors showed mixed to steady movement in receipts and values.
The market notes support a stronger undertone with higher activity for lambs and bulk good and choice lots up to 850. Receipts total about 6 500 as feeder demand remains robust at around 6.00 and 6.25 per hundredweight.
AP report shows receipts and prices for eggs butter cheese and potatoes in Chicago and New York. Egg receipts near 4 369 with varied quality grades and prices. Butter and creamery values steady with mixed high and low grades. cheese receipts steady. Potato markets show mixed shipments with Idaho burbanks and Minnesota cob bicas among others at selective prices.
Local hog market shows steadiness to higher, light hogs unchanged while others gain up to 15 cents. Good packers up to 10 cents higher, top hogs cited around 7.50 with weights noted from 149 to 350 pounds. Cattle and sheep sections follow with varied price bands across weight classes and grades.
Prices listed for grain and produce in Cedar Rapids include No 1 wheat 52.3¢, No 2 5ic, oats 18c, rye 30% 32, corn shelled 35½¢, soybeans 58c, hay and straw rates, butterfat cream prices, poultry prices for hens, leghorns, stags, and various wholesale fruits vegetables with several per crate or per pound figures, plus hides and horses priced.
Cheese quotas for Oct 17 22 at Wisconsin cheese exchange list 12c for sins dalsies horns cheddars 12c Farmers all board Dats Wine horns the W ac cheddars 1c Wool prices in Boston firm for Western grown wool Good French combing lengths bring 64c to 66c scoured basis, short French combing ~63c. Texas wools 6 72c scoured. delaine bright teece 29 31c grease.
A sharp rise in Alleghany Corp bonds spurred further gains in secondary rail issues amid steady higher market sentiment. Reports say directors discussed indenture changes to permit bond purchases as part of revamping the Van Sweringen structure. Other issues rally with Army of Delaware and Baltimore and Ohio converts advancing, while U. S. Treasury bonds hold near year highs. a South African fund funds Mrs Grenewald for her triplet-bearing family.
Profit takers hovered near the market while select rails motors aircraft and specialty shares rose fractions. Volume eased with around 1,800,000 shares traded. High turnover came from low price issues as rail shipments expanded and miscellaneous landings rose, signaling mixed but cautious advance.
Fr idays quotations show numerous stocks and prices across banks, oils, railroads, and manufacturers including Allied, Amn Can, Amn Steel, Boeing, Chrysler, General Electric, U S Steel, Coca Cola, Studebaker, Ford, Union Carbide, and Westinghouse. Key entities include Alaska Juneau, Allegheny, Amn Loco, Libby Owens, Bethlehem Steel, Sears Roebuck, and Standard Oil related names with varied prices and fractions.
Philadelphia police report Albert Nelson 36 avoided a robbery by inviting the would be thief for a drink at a local tap room. Nelson and the youth went to the cafe where after the drink Nelson notified officers. Two patrolmen intercepted them as they left the establishment.
Wheat and corn ruled firm on the Chicago board of trade as eastern and shipping interests bought. Prospect of government action to support prices aided the tone with December wheat up to 66 12 cents and December corn up to 46 54 cents. Export demand remained uncertain and Liverpool activity offered mixed signals amid possible frost concerns in Argentina and dry sections in Australia.
Alfred G Reed vice president of Shill Rolling Chair Co. is charged with unlawfully imprisoning his wife in the basement of their Margate New Jersey home. Police report Mrs Reed was found sitting in a chair in a dark damp basement room and later confined to an insane asylum. Bail set at 500 dollars pending hearing.
In Alameda California 73 year old Marie Loupiac regained consciousness after police reported a body in the bay. The woman had fainted while walking on the beach and fallen into the water. She was rescued and treated at a first aid station and is recovering.
London reports palace sources say any King's U S visit during his Canadian tour next year will be a courtesy call without political significance. War Office order ends use of puttees for parades by royal engineers at Chatham garrison and may spread through the army.
Salt Lake City AP report recounts Brigham Young’s lineage shrinking from 56 children born to 19 wives to four elderly daughters and one son. Joseph Don Carlos Young, aged 83, is the sole son still living. four daughters—Clarissa, Ruth Y Healy, Mabel Sanborn, and Fannie Y Clayton—reside in Salt Lake City and remain active in church life and social work.
James H Fay the Democratic candidate won endorsement from the Central Trades and Labor Council in New York City representing 600000 members of the A L of L. The group backed Fay as a successor after the purge of Rep. John J OConnor following his defeat.
Classified notice outlines Want Ads pricing for 1 2 3 4 6 7 line formats with daily rates. Special discounts of 25 to 40 percent apply for three or seven consecutive days. Ads may be mailed telephoned or delivered to The Gazette and can be canceled when results are achieved.
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