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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 28, 1939
Page
2
Market news shows all livestock dropping with slow Friday activity. Cattle slumped up to 25 cents, hogs down as much as 25 cents and sow prices 40 cents lower, while lambs stayed steady to 15 cents lower in spots. grain quotations listed by Lamson Brothers and Co. and H R Mowrey.
Hog receipts 9 000, 13 000 on total. hogs mostly 10 25c lower with top 7 55. Cattle receipts 6 000 slow trade. yearlings and light steers weak to 25c lower. best weighty steers above 11 25, commonly 10 50 down. beef cows weak. Vealers 11.00 down. stockers and feeders very slow. Sheep and lambs receipts 10 000. spring lambs steady to weak, natives top 10 60, bulk 9 75 down.
Salable hog receipts 5 000 with 300 lb barrows down to sows 254 percent. top $7.15, packer limit $7.10. Cattle receipts 3 000 with fed steer yearling and heifer prices largely steady. beef cows $5.25 to $6.50. Sheep receipts 4 000 with fat lambs strong. range spring lambs $9.50 to $9.75, slaughter ewes $3.75 down.
U S Department of Agriculture cattle receipts 2000 plus calves and stockers. yearlings and steers steady to easy, heifers scarce but firm, cows slow to easy. Hogs receipts 2800. weights 180 to 270 pounds down 25 to 35 cents, top around 7.10, sows 5.90 to 6.15. Sheep receipts 4500. undertone weak, best above 9.50, fat clips above 8.50, early lambs down to 3.50 with best above 3.75.
Hogs quoted across Waterloo Mason City and Ottumwa markets with declines from 15 to 25 cents. Prices vary by weight class from 120 to 500 pounds, with specific ranges listed for good to choice hogs and packers. Cattle trading lower or unchanged.
The St Paul South St Paul market notes cattle hogs and sheep activity with receipts: cattle slow to weak demand for slaughter steers and fat cows, beef cows 5.25 to 6.50, vealers weak to top 11.00. hogs down 0.25, tops 7.15 for 200–260 lb. sows 5.80 to 6.30, pigs 6.25 to 7.00. sheep 3,700 with limited lamb action, Montana feeding lambs steady to strong at 9.00 and spring lambs 9.50 to 9.90.
Barrows and gilts grouped by weight range with bid prices from 140 pounds to 500 pounds. Prices span 5.30 to 6.20 per hundredweight across multiple classes and weights, including sows in 270 to 500 pound categories.
U S Department of Agriculture combined hog receipts from 24 facilities in interior Iowa and southern Minnesota for the 24 hours ending 8 a m Thursday totaled 24 200, up from 20 300 a week earlier and 17 300 a year ago. Prices ranged by weight from 160 180 lbs at 6 05 to 6 70 per cwt for top grades, with various declines noted and loading heavier than the prior week.
In New York the stock market stayed mostly in the red as traders remained wary. Volume reached about 1.6 million shares with some issues down two points or more and losses briefly touching three. Dealers blamed fears of a peace offensive by Germany and Russia for the weak action. Prominent names sliding included U S Steel Chrysler Montgomery Ward International Harvester Douglas Aircraft General Electric du Pont Allied Chemical Santa Fe Pullman and Great Northern.
Wall Street quotes show live cattle prices and hog futures with ranges for 140-300 pound hogs and 70-90 pound lambs, alongside broad stock quotations. The report lists cattle prices and several blue chip and industrial issues with notable figures, including Treasury bonds and various corporate names, in a dense price and ticker snapshot.
Wisconsin cheese exchange prices for the week of September 25 to 30 show twins 15 2 c daisies 15 42 c horns 15 1 2 c cheddars 14 14 c bricks 14 1 4 c Farmers call board daisies 15 1 2 c commodores 16 c horns 15 1 2 c cheddars 15 c
Corn fell as much as three cents a bushel on the Chicago Board of Trade amid heavy selling by cash and local interests. Wheat declined over two cents with December at 83% to 83 1/4 cents. Soybeans slipped up to three cents as markets posted lower closes and Winnipeg hedge selling pressured wheat below 70 cents.
Market traders saw uneven moves as prices fluctuated through the session. Wheat futures for October edged higher while nearby contracts slipped, reflecting cautious demand and harvest timing.
Chicago AP price sheet lists cash grain and seed values for commodities. Wheat No 2 yellow hard at 85 4 cents, corn No 1 mixed around 52 cents, oats No 2 mixed 33 cents, barley malting 55 66 cents, soybeans No 4 yellow 81 cents, timothy seed 3.65 to 3.90, red clover seed 12.50 to 15.00, lard tierces 6.92, loose 7.05, bellies 7.50.
Minneapolis cash grain results show Thursday receipts at 171 cars, down from 227 last year. Prices listed for No. 1 heavy dark northern and dark northern grades, with Montana and durum varieties, plus No. 3 yellow corn, white oats, and Barley bids.
AP Chicago market summary reports live poultry receipts at 32 trucks with firmer prices for hens and leghorns. butter and eggs receipts steady with no price changes. Potatoes arrivals on track with mixed U S No 1 prices for russet Burbanks, Colorado red McClures, and other regional varieties. prices per cwt mostly around 1.10 to 1.90 depending on variety and quality.
Packers dropped twenty five cents on the local hog market Thursday while butchers declined fifteen cents. The day’s high was seven dollars. Cattle continued steady.
The Cedar Rapids market lists prices for grains, beans, and hay with No. 1 and No. 2 grades across wheat oats rye barley and soybeans. Prices cover butterfat fresh produce lemons oranges grapefruit celery lettuce onions cabbage carrots potatoes and fruits, with hides and livestock values also noted.
United States government bonds rose rapidly on moderate volume as traders awaited developments abroad. Rails fell about a point on average after gains in utilities and industrials with prices fluctuating in line with stock movements. Foreign dollar loans were uneven with Latin American issues up again.
AP report shows eggs receipts 13 663 steady while butter receipts reach 714 908 with creamery prices higher than extra 29 3 30c. Firsts 88 91 cents 28c seconds 84 87 24 24c. Cheese receipts 152 236 quiet with prices unchanged.
Clarence W. Gitt a 51 year old city fireman of 1532 B avenue NE will retire October 1 per Public Safety Commissioner Wes Benesh at a city council meeting. He has been unable to work steadily for six months due to failing health and retires from the rank of private with a $75 monthly pension. appointed November 17 1918.
Robert Adams, 24, of 117 Burlington Street Iowa City, said a dip in the pavement between Cedar Rapids and Marion caused his accident. He struck his head on the car roof, suffered a neck injury, and was admitted to St Luke's hospital at 2 15 a m. He recovered after a period of unconsciousness and was released before noon. Police had not been notified Thursday.
The description explains gravel scales from pea to walnut. Larger fragments are termed shingle, while smaller grains are classified as sand.
Mrs. William H. Corwith of Rockville Center New York won the American Legion auxiliary presidency on the first ballot as her two rivals withdrew. The vote occurred in Chicago with Corwith assuming leadership for the term.
Silas Demory, 71, of 711 Have Avenue NW, died of a heart attack at 2:30 p.m. Wednesday while repairing a roof at Mrs. Frank Ammons’s residence, 1422 Avenue NE. Frank Nosek and nearby firefighters helped, coroner Dr. B L Knight ruled. Demory, born March 6, 1868 in Iowa, had lived here 36 years and is survived by six children, a sister, a half brother, and four grandchildren. Funeral at Beatty chapel Friday at 2 p.m. with Rev. Bashore. burial in Linwood cemetery.
Benjamin Jansa 69 a longtime eastern Iowa musician and band leader died at 9 50 p m Wednesday at his Cedar Rapids home after a month of illness He was born in Bohemia came to Cedar Rapids 47 years ago and belonged to local 137 musicians the Jan Hus lodge and several Bohemian fraternal groups He is survived by his wife Mary two brothers in Bohemia and four nephews Friends may call at Brosh chapel pending funeral arrangements
Word of the death of M W Bissett 63 a Pennsylvania oil operator and local historian who visited frequently near Cedar Rapids was received here. He was born August 25 1876 at Bissetts Run and died September 14 after months of illness. He leaves six children two adopted sons four grandchildren a brother and two sisters. Funeral services were held at his Deep River home September 17 with burial at Sand Hill cemetery.
Word was received of the death Wednesday at Hood River Oregon of Mrs Sylvia E Hollenbeck widow of Dr Charles D Hollenbeck a former Cedar Rapids and Waterloo dentist She was born October 10 1862 in Monroe township daughter of Paine and Matilda Plant Howard She is survived by her son Howard F and his two children a daughter Mrs Glenn B Shoemaker Portland one sister Mrs W W Combs Long Beach California three brothers Meachum A Howard and Dr Banner Howard Cedar Rapids and Lee Howard Mount Vernon Hood River reports say.
Claus Rathje 74 died at his home on D avenue NE at 6 30 p.m. Wednesday after a period of ill health. Born in Hanover Germany on June 27 1865 he came to America in 1887 settling in Cedar Rapids. He married Christina Neslie in 1889 and later Augusta Drefall in 1910. He is survived by three children Henry of Fontelle Edward and Mrs John Timm a brother John all of Cedar Rapids and a stepfamily. Funeral services will be at Trinity Lutheran at 2 p.m. Saturday after a 1 30 p.m. family gathering at Beatty chapel with burial in Linwood cemetery. No flowers. Friends may call at Beatty chapel until 5 p.m. Friday and then at the family home.
Steve Kepros 40 of 212 Seventeenth Street NE died in an Iowa City hospital after a two month illness. Funeral services were held at 2 p.m. Friday in the Barta chapel and 2:30 p.m. at St. George's Church conducted by Father Prodromedes of Moline. Burial followed at Cedar Memorial cemetery. Pallbearers were Gus Livadatis John Livadatis Jim Grevas John Costas Mike Thomas and Paul Kavros. Friends could call at the Barta chapel until 9 p.m. Kepros came to Cedar Rapids 25 years ago from Greece and was a member.
Lost male wire haired terrier eight months old black and white spotted wearing collar. Reward offered. Dial 6472. Also various rummage and sale notices including Van Buren P.T.A. 1315 K St SW and Kenwood Methodist church sale. Several beauty shops and services advertised with prices and contact numbers. Some text appears garbled.
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