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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 28, 1937
Page
4
Chicago traders face weaker demand as receipts rise and steer and heifer prices slide. Slaughter cattle and hogs show slight declines while lamb and ewe values drift. representative sales list varied bids across Iowa and nearby markets with lower midday quotes and local demand softer.
Wheat futures show a strong upward trend with September and December contracts trading higher. Reports from Chicago and Liverpool indicate rising prices, with export demand improving and notable gains in wheat, corn, and livestock markets across major U.S. and Canadian centers. Hog and cattle prices also trend higher, while market receipts remain substantial at 250,000 head across twenty markets.
Marketwire report from Winnipeg and Minneapolis shows open high close wheat prices Oct May contracts, cash grain receipts and prices for No 1 hard and dark northern wheat, durum and red varieties, plus corn, oats, beans and hay prices and barley bale values.
Readable fragments indicate fluctuating prices for butter dairy, cheese and imported goods amid Chicago futures trading. Mentioned are receipts and wholesale terms, with several figures suggesting varied demand and supply pressures across commodities and international markets.
Hogs weakened on the local market with all grades down 10 cents. The top price fell to 1.65, while cattle trading was slow to steady and other trades down 25 to 50 cents. Shelled corn No 4 yellow quoted at 57 cents.
New York markets opened with modest gains then slipped as the session wore on. Strong shows from Chrysler Bethlehem General Motors American Telephone Deere Douglas Aircraft Anaconda Kennecott Westinghouse N Y Central and Loews balanced by weakness in Pullman Eastman Kodak and American Can. Federal Reserve Board action loosening credit aided sentiment across rails and steel ledgers.
Monday's stock list reports wide-ranging prices from Adams Express to Timken. Key names include Allied Chem Allied Stores Alaska Juneau Alaska Juneau 1044, Boeing 24, Coca Cola 13042, General Electric 21, Union Pac 103, Timken 55, Sears Roebuck 74, Pennant 30, Tex Gulf 32.5, and many others reflecting broad market activity.
A garbled report traces evictions and market pressures that hinder residents seeking shelter. It notes a crowded scene with several people confined near a central location and mentions delays in proceedings and interest from authorities.
A dense page of announcements and personals offers multi day inserts with save options for three or seven consecutive days. It lists rates per day, conditions for cancellations, and notes on replacements and errors. Other items include expert watch repair, a $25 reward for immoral use of want ads, shirt lines, public auction notices, transport cautions, and advertising copy for health and home services.
Governor N G Kraschel urged tax free status for all homesteads and homestead farms, saying homes under 2500 dollars should be tax free to promote ownership. He defended the town sales tax for security but criticized refunds to railroads and corporations. He urged law revisions on trucking, noted Roosevelt support, and spoke from Cedar Rapids after a Wisconsin fishing trip. The wool market in Boston remained quiet with little movement as buyers waited for the goods market to firm.
A clipped note by Baer outlines a feature dated 1997, mentioning Escuire Feeturea. The fragment hints at a literary or cultural item but lacks full context or details.
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