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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 04, 1943
Page
16
Retail trade dips 9 to 15 percent from last year as pre Easter buying weakens while wholesale trade stays strong. Elmer C Walzer reports U S stock markets hit new highs with railroads leading gains. Money supply rises and steel production marks a weekly record, signaling continued favorable war effects in North Africa.
Eastern Iowa markets show Central States Elec Co bonds, Iowa Utilities, and United Lines among notable issues with bid prices. Hog prices from the Associated Press include Missouri and Iowa packers with various carcass and live figures and shifts in recent quotes.
Chicago reports irregular livestock values for the week as hogs and cattle hit 24 year April peaks. Hogs reached 16.10 top, highest since 1919, while top cattle price rose to 17.75 the highest since 1937. Vealers and fat lambs moved lower. cows, bulls steadied. Kansas City hogs up to 15.65. Fed steers firm to higher.
Grain market prices for oats wheat rye soybeans and straw are listed with No 2 and No 3 grade values. poultry totals include springers leghorn and heavy hens. wholesale fruits vegetables and hides show prices for celery lemons oranges lettuce onions potatoes and various box and cwt totals. Sioux City Livestock receipts for the week include weights and prices for steers heifers cows stock cattle and sheep with bids across quality grades and feeder entries.
The War Manpower Commission may designate laundries restaurants hotels and fuel services as locally needed in crowded industrial areas. The move aims to aid war production by allowing local employment services to recruit for these services without deferment.
London AP report says Maj. Gen. Sir Percy Robert Laurie, provost marshal of Great Britain, was fined about $2,350 for using a civilian ration book and military ration cards to which he was entitled as a soldier.
In Austin Minnesota the market quotes good butchers hogs at 160 to 170 pounds for 14.00 to 14.30 dollars per hundredweight and ranges up to 450 pounds at about 14.40 to 14.70 dollars per hundredweight. Packing sows 270 to 360 pounds fetch 14.60 to 14.90 dollars.
The record notes that before his political rise Johnson worked as a tailor for seven years. He began learning the alphabet after this period, marking a notable shift from crafts to public life.
The Cedar Rapids housing shortage drives filling stations to house war workers and others. Some garages are too small or require changes. a large station at First Avenue and Fortieth Street NE is now a residence with a sign reading War Worker Asleep. Inflow of 175 families last month contrasts with 15 departing, vacancy at 30.5 percent, far above normal 4 percent.
Hog prices fell five cents across all grades on the Cedar Rapids market. Top hogs ranged from 15.30 to 15.40 for various buyers, with price tables listed for weights from 140 to 360 pounds. Cattle and sheep sections show mixed quotes, including yearlings, cows, calves, and lambs, with price ranges across quality grades and weights.
Hog receipts total 3000 with all classes steady and top butcher hogs around 15.45. Cattle receipts 600 with slaughter steers and heifers up to 25 cents, bulls weak, stockers steady. top fat steers to 16.85 and bulk good and choice calves 15 to 16.50. Sheep receipts 450 with lambs 15 to 25 cents lower, good and choice fed lambs 15.75 to 16.00, ewes around 8.50 to 10.00 and breeding lambs 14.50 to 15.60.
Dr. Henry G. Harmon president of Drake University Des Moines will speak to the Cedar Rapids Association of Life Underwriters Tuesday April 6 at noon in the Montrose hotel French room. His talk You Have What We Want will discuss the value of right thinking with Drs Charles A. Anderson and John B. Magee as guests.
Combined hog receipts at 19 yards and 11 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 am Saturday totaled 52 200, down from last week and from a year ago. Buyers reported fairly active demand with uneven steadiness and some plants 10 cents lower.
Lamson Brothers and Company provide Chicago grain quotations with H R Mowrey listed as Cedar Rapids office manager at 503 Merchants National Bank building. Credited contact details offered for price guidance.
Commodity prices and market notes for dressed poultry cheese butter live poultry and potatoes. Items include specific prices for geese turkeys roosters ducks fowls chickens capons broilers and various cheese butter and potato quotations with regional references to Chicago and Wisconsin markets.
In New York on Saturday the bond market lacked a clear trend as a small wave of buying pushed up select issues. Central Railroad of New Jersey bonds rose over a point, Morris and Essex 4 125 and 5s and Delaware and Hudson refunding 4s advanced 1 to 2. Profit taking trimmed several carrier loans while U S governments and foreign dollar bonds saw light volume.
U S Department of Agriculture reports salable receipts 100 cattle total 200 versus Friday. Fed steers and yearlings show broad demand with most grades 50c higher and top at 17.75 dollars for long yearlings and welshy steers. Heifers up to 16.85 with stock cattle also firm. Sheep receipts 2 500 with fat lambs 10c lower and good Western clipped lambs selling up to 15.25. Hogs receipts 300 total 5 800 with market nominally steady and weights plus sows about 10c higher. insufficient good hogs to form a market.
The piece notes a National Victory Gardens push for 20 million gardens in 1943, 5 million more than last year, with 6 million rural and 14 million urban plots. It cites Andrew Wing and Secretary Wickard on home farming reducing strain on supplies and keeping rationing fair while expanding food self sufficiency.
Newcomer Rentals O A Kelly and Mrs Kelly rent 1684 Sixteenth Street NW from Miss Cora Jacobs of Sterling Al. Lester and Mrs Yager rent 1715 A Avenue NE from John T Stroud estate, Maude H Stroud administrator. Hedges Company handles these rentals along with listed remodeling and reroofing jobs by various contractors including Nina Hite Patrick LaVelle and Co D Shimerda with amounts from 20 to 180 and 155 dollars.
The Clearing House reports Cedar Rapids bank clearings at 1,960,720.70 for the week ended April 3, showing a drop from the previous year’s level. The figure exceeds the 1942 week ended April 4 total and trails the 1943 week ended March 27 amount.
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