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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 02, 1940
Page
8
Market rundowns show hogs mostly above average with top gains around 0.19 as traders note cattle and grain futures. Various figures cover hog prices, steer and heifer totals, and feeder stock movements across Chicago and Omaha, with grain futures and exchange quotes influencing the day.
Local hogs recover some losses as prices rise 4 cents across all grades on Tuesday. The top is quoted at 475, the same as Monday. Call market weaker with varied weights and packer bids described for good, choice, and heavy hogs.
Cedar Rapids market notes list miscellaneous grain and produce prices including No 2 yellow corn at 49.0c, No 2 wheat 1.89 cents, No 3 oats 36c, soybeans No 2 at 120 per cwt, baled straw 700, cream fare and eggs details, hens and roosters prices, wholesale fruits and vegetables with prices for lemons cranberries celery onions lettuce and apples, hides and calf prices, and general market terms.
Markets show mixed activity with dairy items like butter and eggs holding steady in Chicago and New York. Butter prices remain steady while eggs show small gains. cheese receipts and dairy storage standards noted, with production furnished by Lamson and Co.
New York City bond market shows gains with several issues advancing including Brooklyn City Railroad Third Avenue and Manhattan Railway. Truce talks calm labor tensions in the system while foreign government dollar loans remain thin with Reletum 6s among few takers.
New York AP reports a choosy stock market with Aviations steels and special ties gaining while leaders in other groups faded. Transfers around 750000 shares. gains and small declines dotted the session as Eastern Air Lines American Airlines Pan American United Air Lines and others led advances while Boeing Glenn Martin Sperry Douglas Bethlehem U S Steel and J C Penney trended front.
Wall Street closes with mixed results as Adams Express and Am Can rise while others slip. other listings include Alaska Juneau and Union Carbide. Mississippi River stages show Davenport to Muscatine readings with varying rises and falls.
Wheat on the Chicago board eased after an early firm start as trade remained listless. May wheat fell to about 104 1/32 per bushel with corn and soybeans also sliding in light dealings. Cash and futures activity showed slow declines across grains, with mixed receipts and arrivals in Chicago and Kansas City markets.
Wisconsin cheese prices for the week of April 16 show quotable cheddar and other varieties with small gains. Boston wool buyers reported scattered sales with Texas wools bringing 67 to 72 cents and country packed wools delivering 31 to 37 cents grease to mills. Dow Jones averages are noted with minor changes.
Mrs Glenn Rowley wife of Trinity Methodist pastor died Tuesday after years of illness at 404 Third Avenue SW born February 22 1889 in Panora she taught there before Cornell College graduation in 1910. Funeral 2 PM Thursday at Trinity Methodist conducted by Rev Wells with burial in Mount Vernon cemetery. Edward Budd of Iowa Falls former Cedar Rapids resident died Monday night at Ellsworth hospital. Burial details to be announced.
The Tawa supreme court reversed two Linn County court decisions and upheld two others. It ordered a jury trial in the damage suit of C. P Short linked to a collision involving O C Powell, and also reversed the denial of Jesse E Whetstine in a damage action against Dr Edward L Mora vec. The court affirmed Judge Haas on income tax collection from Donald R Lynch on a 1936 dividend.
The court upholds a April 1638 ruling for Barron Motors Inc against May's Drug Stores Inc under Iowa taI trade act. The case concerns sale of goods bearing a manufacturer’s trademark at minimum resale prices set by contract.
Clarahan and Flowers, charged in separate auto theft related counts, were granted time to plead by Judge J E Heiserman. Clarahan, 28, must plead by Friday at 10 am after failing to post $500 bond. Flowers, 24, Tama, with $1,500 bond not furnished, faces motor theft accusations in relation to a Des Moines owner’s car found in Tama.
By stipulation Hi Lilly and company received a temporary injunction without bond from Judge Jo F B Heiserman restraining Mays Drug Stores Inc of Cedar Rapids from offering or selling catalogued items bearing the plaintiff’s trademark at prices lower than those in retailers’ contracts. The case may stand without trial for now and is subject to later assignment for hearing. the injunction holds during the case or until further court order.
Arthur Madsen 18 of Chicago pled guilty to larceny of a motor vehicle before Judge Heiser and received an indeterminate ten year term at Anamosa reformatory. Police returned him to the area after he allegedly took a car from Adeline Taylor and drove to Chicago where he was arrested. A jury was impaneled in a separate note case involving the Patrick Stevens estate and the McNamara executors. Other cases include a $851.41 injury and property damage suit and a drunken driving charge for Leo Masters. Linn county supervisors vote to raise pocket gopher bounty to ten cents each amid crop and road damage concerns. A $200.30 contract rescission suit by Ralph and Marie Hubler was dismissed.
The Gazette lists special Ian rates for work wanted ads and provides telephone submissions. Ads are accepted until noon for same day publication and until 8 p.m. Saturday for the Sunday edition. The paper cautions against more than one incorrect insertion for ads run multiple days.
A seduction case against Meimorad Bisig, 28, of Cedar Rapids, was dismissed by Judge J E Heiserman on state recommendation. The defendant is Naspi unspecified. The ruling was delivered Monday afternoon before Judgeohn T Moffit Godfress Novak, doing business as Novak Heating Company, with prejudice.
Tom Mooney remained hospitalized at St Luke's after his Monday duodenal ulcer surgery. The ex inmate had undergone two major abdominal operations since leaving San Quentin and was described as recovering as well as could be expected.
An assortment of personal service ads lists beauty shops and hair care offers. Lovely Lady Beauty Shop promotes permanent waves and quality hair treatments, with several numbers and names for scheduling. Includes painter and paperhanger services and rubbish hauling with contact details.
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