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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 05, 1941
Page
10
Chicago reports ongoing hog price gains under the government support program. Friday's higher bids lift swine prices by 25 to 35 cents, with top quotes at $8.70 per hundredweight, the highest since January and near September 1939 highs. Livestock receipts: Monday 14 000 hogs, 15 000 sheep, with 65 000 hogs planned for next week.
Heavy demand lifted prime heavy steers by 25¢ with bulls stronger and medium grades slipping after early gains. Cattle receipts near 25,467. fat steers averaged $9.50 to $12.50, primes up to $14.25 for 1,508 lb weights. Sheep receipts 3,600 with western lambs around 10¢ lower, top $11.25 and western natives around $7.25 to $7.50, summer shorn and heavier lots noted.
Slaughter values fell up to 25 cents while others held steady. Steers and heifers strengthened to high prices. cows and bulls varied with bulls weaker. Feeder and stock cattle mostly steady to weak. large steers over 800 pounds down. Sheep and lambs mixed with top native lambs near 12.90, California lambs around 12.00, and shorn lambs in the 8.75 to 16.00 range. Receipts total about 400 for the week.
ST PAUL LIVESTOCK reports cattle and hog receipts with price shifts from Friday. Slaughter steers and heifers eased 25 cents, cows steady, bulls up to 0.5, stockers and feeders higher 25. Vealers up 50 cents, hogs steady to firm with top at 8.25 for 180-230 lb. animals. Lambs mostly lower 15-72.5 cents, bulk woolled lambs and clippered lambs priced, with cuts to 10.85 for late sales.
U S and Department of Agriculture cattle receipts around 200. good yearling and beef steers selling firm. cows strong and stockers steady. Hog prices up to 25 cents higher with top bid about 3.40. lambs steady to firm with fed woolled lambs around 10.50 to 12.75. Market active for both cattle and hogs. receipts sparse for some classes.
Combined hog receipts at 16 concentration yards and 10 packing plants in interior towns and the south for a 24 hour period ending 8 a.m. Saturday totaled 9,700, down from 35,100 last week and 24,000 a year ago. Prices ranged with buyers paying mostly 30 cents above, trade slow with few bids, hogs 180-200 lbs at 8.20, 240 lbs 8.05 to 8.40, 270-300 lbs around 7.70 to 8.05, sows 7.15 to 7.45, lighter weights 7.00 to 7.60.
The garbled text suggests hogs and price figures around 140 to 150, with a note of 25 cents higher and ranges up to 170 to 180. It also references values like 8,250 and 8.40 with a related figure of 7.95. The fragment hints at livestock pricing and market movement.
Market notes show hog bids in Austin with price tiers by weight. 360-400 lb hogs at 7.20, 7.10: 400-450 lb at 6.70, 7.00: 450-500 lb at 6.60, plus a 360-400 lb line at 6.80 and a 6.90 figure.
Readable fragments show hogs advancing and price ranges by weight from 150 to 509 pounds, with top hogs bidding around 8.35 per hundredweight and varied values for packers and cattle. The notes list several weight bands and prices for hogs, cattle, yearlings, and calves, reflecting a mixed rural market summary.
A condensed Cedar Rapids market section lists assorted produce and animal prices including lemons, grapes, celery, lettuce, onions, and tomatoes with quantities and per unit costs. Also featured are poultry items, seeds, and various hides and calves with price points, reflecting a mixed local goods catalog.
Bond yields slipped in a choppy New York session as gains earlier in the day faded. Brokers cited weekend repositioning and larger offerings while some issues showed minor losses but were offset by selective advances.
U S government bond data influenced market mood as Dow Jones averages showed bends in early trading. The report notes a 7-3 score line tied to Wrensest and mentions transactions valued at 119.22 dollars, reflecting mixed sentiment and volatility in the bond and stock sectors.
Wisconsin cheese quotations for April 7 to 12 listed by the Wisconsin Cheese Exchange show daisies at 16 4c per pound, edam at 16 1/2c, and cheddars at 16 1/2c. Farmers note daisies 16 1/4c and horns 17c, with cheddars at 16 1/4c.
The A Griculus department reports last week’s activity in fine and half-blood American grades of Seay fleece wool. Prices, including 4 2 47 to 44 cents in grease, show a slow market with large offered lots and some softening.
The stock market faced war and labor anxieties with sluggish dealings and widespread minor declines. Ford plants shutdown by CIO strike dampened sentiment while leading shares like U S Steel Bethlehem Chrysler Pennsylvania and Western Union lagged with intermittent resistance from American Can Sears Roebuck and International Harvester.
Wall Street stocks showed mixed activity with numerous gains and declines. Notable movers included Amn Loco 15% Amn Steel Fays 22% and Aviation Corp 35% while Natl Biscuit rose 17% and Natl Cash Ree 13%. Industry names, banks, and utilities dominated the day’s listings with varied percentages.
Markets show unsettled tone with heavy supplies and slow demand. Idaho Rus Burbanks bring 1.47 to 1.55 per unit while No 2 bids reach 1.12% in Nebraska and Wyoming. Minnesota and North Dakota cobbiers noted among arrivals with total shipments at 692 on track of 840.
Prices surged to the highest levels since 1939 as oils and fats boosted buying. Soybeans jumped over 3 percent with May at 1.174 to 1.184. other grains followed suit though gains were tempered by profit-taking. Wheat firmed after a weak start. corn mirrored wheat. receipts and deliveries remained modest amid cautious trading on farm legislation and Balkan concerns.
Market brief reports a July figure of 78 percent and a contrasting 18 percent decline. Investor sentiment and quarterly results are referenced, with no further details on specific assets or sectors.
Chicago cash prices show wheat No 2 hard 95 4?c, corn mixed 67 to 68 9?c, oats No 1 white 39 1/4c, No 2 39c, barley making 53 66c, soybeans No 3 yellow $1.14, lard and bellies with prices around 87.90 and 811.75 respectively.
Funeral services for Mrs. Ida M. Gard, who died in a local hospital at 6 a.m. Friday, will be held Monday at 2 30 p.m. in Trinity Methodist Church. The Rev. W. O. Eckler will officiate. Burial will be in Linwood Cemetery. Out of town relatives include Mrs. Elizabeth Spaulding of Minneapolis, Mrs. Russell Elkin and daughter Elizabeth of Chicago, Paul Keyes of Charles City, and H. H. Gard with spouse of Ravenwood Missouri.
Funeral services for Robert S. Wallace of Chicago, formerly Cedar Rapids, will be at St Patrick's Church at 9 a.m. Monday with Rev. D. J. Lenihan officiating. Burial follows at Mt Calvary. Rosary recited at Brady mortuary at 8 p.m. Sunday by Rev. Lenihan. Friends may call after 7 p.m. Saturday.
Private funeral services for Leon Patten aged 523 Ninth Street SW were held at 3 p.m. today at Beatty chapel with Rev. I. E. Linkletter officiating. Burial followed in the Linwood cemetery family lot.
O A Kirby a 57 year old Vermillion merchant was sent to the state penitentiary for ten years after a circuit court jury found him guilty of first degree manslaughter in the October 25 shooting death of Vermillion lawyer Peter Olson. The slaying stemmed from a land dispute along the Missouri River with Olson killed at his office after a court decision favored Kirby.
The census bureau reports annual brandy usage exceeding 12 million gallons in the United States wine production. This figure highlights substantial role of brandy in winemaking, reflecting industry practices and consumption patterns across the nation.
Mrs. George Sweet hosted a surprise party at 1410 Twelfth Street in observance of her husband. Attendees included Mr and Mrs Ray Hamilton, Mr and Mrs Elmer Duffy of Cedar Rapids, Mr and Mrs Bertie Sweet and Mr and Mrs M C Sweet of Central City, Mr and Mrs Ralph Frank of Springville, Mr and Mrs Dewey Lint and their children, Mr and Mrs Milton Pflughaupt and their son Bobbie, Mrs Maude Musser, Mrs Herbert Gerstman, and Mrs Claude Kuebler and her son Harold of Marion. Refreshments were served by the hostess. Woodbury's facial soap 4 for 3K advertised at Owen's Cut Rate Drug.
Fidelis circle met Friday at Mrs. Arthur Fairhurst's home for a picnic luncheon. Mrs. Will Grassfield and Mrs. Frank Strother led devotion. Seventeen or more attended, with Mrs. Henry Haegg as Linn County president conducting admissions for new members Mrs. O. W. Lunquist Emmet Tow Mrs. Lee Voorhies and Mrs. Reginald Adams. Haegg spoke on the Daughters activities. The circle donated five dollars to a Cedar Rapids needy family.
Complimenting Miss Mary Ellen Forbes, soon to wed James Milder on April 19, female employees of La Plant Choate company hosted a dinner at the E V cafe. Thirty six guests attended a table adorned with sweetpeas and Miss Forbes received a gift.
Marion churches list a busy Holy Week with Baptists and Methodists marking Bible school and morning worship, Palm Sunday sermons, and candlelight services. Notables include Rev L W Inman at Marion Baptist and Rev Arthur W Henke at Methodist, with sermons on topics like The Supremacy of Christ and Why Will Ye Die.
William Webber, 58, of 218% Second Avenue SE, was arrested for shoplifting about 3 50 p m Friday after a Woolworth store clerk reported seeing him take several pocket knives and fountain pens from a counter. C W Holstrom, store manager, escorted Webber to police.
Eddie Shore, owner player with the Spield club, praises Bill Cowley of the Boston Bruins as the incomparable talent in hockey, declaring no one matches his skill and impact on the game. Shore underscores Cowley's elite status and influence in the league.
Mrs Mae Widger who is employed in Milwaukee will arrive here Saturday evening for a week of travel and rest.
Anna Jean Forbes, daughter of Mr. and Mrs. Ed T. Forbes, who has been ill of a throat infection, is recovering.
Joel McCrea stars in Foreign Correspondent at the New Marion Theater with him billed as Bill Hopalong Boyd in a stage coach advertisement style program image notes.
At a Friday evening trustees meeting the executive committee Elmer Hollingsworth Stanley Kellams and Dr Roy Lehdigh were tasked to prepare plans for redecoration of the library interior excluding the auditorium Beginning Monday the library will stay open during the supper hour as a trial and hours will be 2 p m to 9 p m
Accompanying Marion high school vocal groups to the Saturday preliminary music contest at Monticello were Mrs. R. M. Clark Mrs. George Lutz Richard Arp Mrs. Emery J. Miller Mrs. Clyde Scott Miss Virginia Howe and C. B. Vernon.
Mr and Mrs Melvin Gallatin and their son Jimmie of Milwaukee will arrive Saturday evening to visit Mrs Gallatin’s parents Mr and Mrs Guy W Miller. Mr Gallatin returns Sunday evening while Mrs Gallatin and Jimmie stay for a week.
Members of Marion chapter of the Linn County Fish and Game club meet Sunday at 7 a.m. to work on Indian creek. Anyone interested in better fishing is invited to help with this work.
The Presbyterian Ladies Aid society fourth division held a Wednesday picnic luncheon. Mrs. Elmer Neff introduced program numbers including a vocal duet by Mrs. LaVerna Crew and Mrs. C. V. R. DeJong with accompanists Mrs. Gilbert Voorhies and Miss Edna Roberts, and violin solos by Mrs. Mary Chalmers Cory with accompanist Mrs. K. V. Murdoch. Mrs. P. A. Osborne spoke. Ashes and rubbish hauled, reasonable. Phone 314LW.
Mrs Donald Madison is confined to her home with an infection of the hand as reported in local notices.
Mr and Mrs Marvin Batchelder and children Lucy Ann Mary Starr and Charles Michael arrived Friday from Audubon to visit Mr and Mrs C E Batchelder. Mr Batchelder teaches at Audubon High School. The family will spend their spring vacation there.
Electa circle of King's Daughters met Friday at the home of Mrs. Charles W. Sutliff. Mrs. Ralph Seager led the devotional period. A lesson on The Crucifixion was in charge of Mrs. George Kindler. A luncheon was planned for May 2 at the K. V. e. Stephen Wehner of Park Avenue is visiting his sister-in-law, Mrs. Hubert Wuerth, and Mr. Wuerth.
Friday evening at the home of Mr and Mrs Albert Jelinek welcomed Mrs Jelineks brother Frank Pardubsky and his daughter Patricia Lea of Hammond Indiana and Dr and Mrs J C Petrovitsky of Fairfax.
A Hamilton watch lost near 4th Avenue with a promised reward. Contact the finder to claim.
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