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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 24, 1938
Page
6
Chicago hogs rose 10 to 15 cents in active trading with 17 000 head at the yards and 5 000 direct sales. Top was 8 15, others strong. cattle receipts 17 000 with calves 2 500. hogs led gains across major markets including Pittsburgh Cleveland and East St Louis.
Receipts around 4500 hogs and 15500 cattle with gains noted on lighter hog weights and some cattle prices firm. Sheep show steadier fat lambs with natives holding above eight fifty. cows and sows mixed to steady, feeders firm, vealers variable. Top hogs near 7.90 and cattle futures range around 8.75 to 9.50 for select calves and stockers.
Local hogs resume upward trend with hog prices climbing about 10 cents while packers gain around five cents. The cattle market remains steady with varied prices across weight ranges for hogs and beef cattle.
Prices listed for grain hay and straw including No 1 wheat 53 3 4c No 2 oat 18c rye No 2 92c corn yellow 31 35c soybeans 62c leghorns 11c no 2 cream 23c butterfat 16c wholesale fruits and vegetables with lemons 4 50 to 4 00 grapefruit 2 00 2 65 celery 0 45 1 90 pears 2 85 hides market prices for beef hides calves kip horses and pony accessories listed with per unit figures and conditions.
New York bond market closed modestly lower with mixed moves across issues. Strong gains centered on Nickel Plate 6s of 1938 while Baltimore and Ohio convertible 4s and Rock Island General 4s posted modest advances. several issues including Alleghany 5s and Bethlehem Steel fell. Government and foreign bonds traded lighter with tiny losses and gains in Japanese and German issues.
Wisconsin cheese quotations for Oct 24 to 29 show twins 12 cents and cheddars 12 cents with other styles around 12.5. Sugar futures hold near unchanged as New York market notes No. 3 at 3.10 and refined sugar steady. foreign exchange rates listed for major currencies. Boston wool prices remain near last week levels with French combing at 66 to 68 cents and three-eighths blood grades at 58 to 61 cents.
New York buyers favored selectivity as utilities and a few aircrafts, oils, and specialties offset profit selling in steels, motors, and other leaders. Transfers ran around 1.7 million shares. bonds and commodities were mixed. Prominent gainers included Consolidated Edison, Public Service of New Jersey, American Water Works, du Pont, Douglas Aircraft, and Texas Corp with rails and rubbers ticking higher while U S Steel and GM lagged.
Wall Street quotations show diverse tickers from Bennet & Co ledgers with many named companies and prices including International Nickel Allied Stores Johns Manville Amern Zinc Anaconda Copper Kayser Julius Colgate Palmolive Sears Roebuck and more. No single market outcome stated. it is a catalog of current quotes and positions across major issues.
Wheat prices eased after early firmness on the Chicago board of trade as export interest waned and foreign markets softened. December wheat down due to lack of demand, corn and oats mixed with light offerings and small trading volume. Local buyers in Minneapolis and Chicago cash markets showed varied quotations amid government grain ownership and mixed receipts.
Berlin AP report says Colonel Charles A. Lindbergh will remain in Berlin probably several days longer instead of departing Monday as originally planned. He made the decision Monday, delaying his return.
Preston Delano, a distant Roosevelt relative, was sworn in Monday as comptroller of the currency. The piece notes railways in Ireland have laid off many workers due to falling business and cites unemployment and railway problems as potentially serious for the country.
Chicago and New York markets show steadiness in live poultry and dairy terms. Hens, turkeys, ducks and geese hold within narrow ranges while butter and eggs trend steady with mixed color egg packs and fresh flats in supply.
Wilfred Pichette a WPA worker and devout religious fanatic and his wife confessed to killing their 19 year old maid Marian Toyle in Houghton Michigan. Pichette said divine power drove him to hammer the girl with a flatiron while his wife struck 10 to 12 times with a poker in a bid to cast out evil spirits.
The Pichettes confessed to Father Sthelbert Harrington at their Calumet church that they had killed the devil. Pichette tied his motive to a gypsy fortune teller who granted him “the power of Christ” after borrowing $2,000 from his mother-in-law.
Chicago and North Western officials blamed vandals on Monday for a Sunday night derailment. A switch was tampered with causing a three car train and engine to derail during a weekend excursion from Lake Geneva. Nineteen passengers, all Chicago area residents, were injured slightly as 200 feet of track were ripped up and a fire in the first car was extinguished.
Floyd D Coon of Lisbon was fined five dollars and costs by Justice H R Churchill for driving without a license. Bob Kolarik's northern fishing trip film will be shown at Maine lodge I O O F on Tuesday evening at 838 First Avenue E. Knights Templar of Apollo Commandery No 26 meet in full uniform Tuesday at 7 15 p m to escort Grand Matron Rowena gonasen of the Order of Eastern War. Bob Tordik, 15, of 1833 D Street SW, reported his beagle strayed from home after arriving from Pennsylvania to his father. Richard Spacek of 2000 C Street SW surrendered his license for 15 days after pleading guilty to speeding 47 mph on First Avenue between Nineteenth and Sixteenth Streets.
Patrolman Ike Moore, who was injured in a September 17 auto accident while returning a prisoner from Town City, reported for duty Monday. He pulled ligaments in his right shoulder and says the injury is not fully healed but is sufficient for work. Dr A G Canada evangelist extended campaign continues in Cedar Rapids for another week. Dr Canada spoke to a large crowd on Sunday delivering a patriotic sermon Storm Clouds Over America and an evening lecture Fishing In the Lake of Life. Monday evening he will discuss An Unusual Revival.
On motion by County Attorney G K Thompson Judge John T Moffit set November 15 at 9 am for the trial of Charles C Grabin 60 Ely farm hand on a first degree murder charge. Grabin is charged with fatally shooting Ed Skalsky 55 his employer near the Agnes Skalsky farm Sept 28. Trial was moved from Oct 17 after defense plea for more prep time. Judge H C Ring heard a motion by Henry R Lyman estate executors to strike objections by D W Bates state banking superintendent and receiver of Linn County Savings bank Center Point to executors first report and final report as to creditors. Supreme court had dismissed Bates appeal from a stock assessment claim denial. A decree by Judge Ring granting a divorce to Robert Gatewood Jr 24 from Frances M Gatewood on cruel and inhuman treatment grounds was filed. They wed at Rock Island June 16 1936. The case was submitted Sept 23. Judge Moffit also granted Van Meter company a 490.35 judgment in an account case against Smythe Neon Sign company and Will J Smythe after a jury-waived hearing. The will of Clara Kelting who died Sept 23 was probated Monday.
The will dated October 22, 1930 names daughter Louise B. Van Pelt as beneficiary and executrix. John J. Hayes sues Bessie Kula and Frank M. Kula for 916.03 in a personal injury and car damage case arising from a collision at an intersection on the Monticello Prairieburg road on September 28.
Classified notices include numerous Lost and Found items with rewards, business ads for insurance, auto transport and storage, rummage sales, and service offers. Items range from a black leather briefcase to rings, glasses, a beagle, a Scottie dog, a tire, and a diamond ring with rewards offered. several business notices advertise insurance plans and moving services.
A saturated page of beauty shop advertisements lists numerous salons and services across Iowa locations. Permanents, hair styling, and manicures feature low prices, while openings and extended hours promise convenience with no appointment needed.
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