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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 02, 1938
Page
10
Chicago hogs were irregular at the stockyards with 8,000 receipts and top at 9.10, up five cents. Other markets in Pittsburgh Cleveland and East St. Louis showed varied strength while cattle and sheep receipts moved in steady to weak patterns.
Combined hog receipts at 20 concentration yards and 10 packing plants in interior Iowa and southern Minnesota for the four hours ending 8 am Friday totaled 15 700 head, up from 15 400 last week and 13 100 a year ago. Prices ranged with weights and categories, barrows and gilts 160-180 lbs at 7.40 to 8.35, 180-260 lbs at 8.20 to 8.85, 200-220 lbs at 8.40 to 8.70, 220-250 lbs at 8.40 to 8.70, 250-290 lbs at 7.90 to 8.50, and 290-? to 250 lbs around 7.20 to 7.80. packing sows 275-350 lbs at 6.50 to 7.10, 350-425 lbs at 6.15 to 6.60, 425-550 lbs at 5.95 to 6.35.
A compact market roundup from Cedar Rapids shows grain prices for No. 1 wheat 52 cents, No. 2 50, oats white 16 uc, rye No. 2 29 3c, corn shelled No. 2 yellow 42, No. 3 yellow 40 uc, soybeans No. 2 yellow 65c. Live stock and produce include hay, butterfat, cream, hens, leghorn cock prices, wholesale fruits and vegetables with assorted per-basket or per-box rates, and meat hides with varying grades.
Local hog market shows steady to slightly higher prices with good hogs up to 200 pounds unchanged while other grades rise about three cents. Packers and heavier weights vary, with several price ranges listed for goods from 140 to 550 pounds. Cattle prices follow with varied ranges for steers, heifers, and cows reflecting mixed demand.
Wisconsin cheese quota week Aug 29 Sept 3 shows daisies 10c and cheddars 10c with other varieties listed on the farmers' call board. Foreign exchange in New York notes sterling weakness and rates for Britain Canada France Germany and other nations. raw sugar futures in New York hover near 2.95 with March and July contracts moving slightly.
The U S department notes firm tendency in wool markets with slow selling but steady volume at low prices. French combing wools sold around 62 to 63 cents clean, while scarce Mount wools remain limited. Midwest country packs of 35 and quarter blood fleeces hover near 28 to 30 cents in Kreuse delivered, mostly high end of the range. Mississippi River stage readings show varied levels with multiple river towns reporting falls and no change in some sections.
New York AP reports a subdued bond session with gains limited to select issues including Hest and Nickel Plate loans. Several utilities and industrials failed to rise, while U S government bonds closed mostly unchanged. notable prices shown for Federal Farm and Home Owners loans.
Receipts and prices shown for butter eggs live poultry and potatoes. Butter steady with receipts around 650.715. eggs firm at 9.343 with fresh graded grades. live poultry receipts 46 trucks with prices mixed. Potatoes arrivals 46 on track 240 and US shipments 287. assorted cobblers Triumphs and Idaho russet prices listed with No 1 and No 2 grades.
New York produce notes firm mixed egg receipts 470 with varied pack types and color. butter receipts 926 857 steady with creamery prices higher. cheese receipts 217 004 weak with prices unchanged.
A slow market rally lifted select stocks about two points on Friday with gains led by steels motors rubbers and mail order shares. Light profit taking near the close trimmed extreme gains though many issues ended near best marks of the day. Czechoslovak bonds and European news improved sentiment while bonds and commodities rose after a hesitant start.
A lengthy list from the Wall Street market page shows trades and quotations for Adams Express, Alaska Juneau, Allied Chemical, Allis Chalmers, Amoco, Bethlehem, Ford, General Electric, and many others. The page records prices, percent changes, and notable names in industry, finance, and transportation. The compiled sheet reflects a broad spectrum of U.S. stocks trading across sectors.
AP reports the eastern and central Japan typhoon left 99 dead, 77 injured, 69 missing as of Friday. 1,560 houses demolished, 5,000 damaged, 140,000 flooded, and 71 ships washed away with roads and bridges heavily damaged. Yokohama property losses reach 1.4 million dollars. The text notes the jack in the pulpit plant is dioecious.
Wheat prices held in a tight band on the Chicago Board of Trade as selling at the close trimmed gains. Export sales of about 400000 bushels of Canadian wheat and US purchases of nearly 2.96 million bushels frame a cautious session with Winnipeg and Minneapolis showing mixed moves and private crop estimates easing slightly.
America's Davis Cup defense opens against Australia at Germantown Cricket Club. Bobby Riggs faces Adrian Quist in the first singles, while Don Budge meets John Bromwich in the second singles. The draw was made Friday with ceremony.
Fourteen navy patrol bombers arrived Friday at Coco Solo in the Canal Zone after a non stop flight from San Diego. Strong headwinds shortened fuel supply and forced a stopover at Fonseca Gulf on the 3,100 mile journey. The total flying time was 26 hours and 40 minutes.
James A. Farley campaigned in Waterville urging Maine voters to support the governor and three U S representatives on September 12. He said national leaders were not upset by Maine’s 1936 Republican vote and urged a return to the Democratic fold in 1940.
In the Cedar Rapids Gazette an advertisement notice explains reduced pricing for Want Ads, offering a 25 percent savings for three seven consecutive days. Rates are published and the ad is payable only for days that run. Dial 2-1121 for ad-taker assistance.
Reports from Hankow and pro visional capital say the Chinese army crushed two Japanese divisions near Jui chang on the Yangtze edge. They claim the battle was the biggest victory since Taichingwang with a 500000 strong force forming a broad arc and air power and heavy artillery aiding a counter offensive.
The main public library will be open Labor day from 2 to 6 pm for reading only. The Boys and Girls Library closes Monday and opens Tuesday for weekdays 3 to 8 pm and Saturdays 9 am to 8 pm, closed Sundays. Daniels Pari Station opens Tuesday 3:30 to 5:30 and 6:30 to 8:30 pm. Northwest Station opens Tuesday 3 to 5:30 pm. Kenwood Park Station opens Wednesday 3 to 5:30 pm and 6 to 8:45 pm. Community House Library opens Tuesday Sept 13 from 3 to 5:30 pm.
A batch of marriage licenses was issued to Harry W Wollrab and Dorothy R Sojka of Riverside. Vernon Owens and Hazel Carroll of Palo. Paul Dickerman Niles of Oklahoma City and Nedra Arendts of Cedar Rapids. Kermit Eugene Byerly and Bessie Viola Gallagher of Arthur. Milkins and Amanda M Ernst of Dubuque. Dolph P Steinberg of New York City and Gertrude Pailthorpe of Cedar Rapids. Blewbury England votes unanimously against street lamps.
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