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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 13, 1942
Page
6
Chicago hog prices climbed to 14.65 a hundredweight Monday, a fresh peak since 1926, but buyers held back. early sales 14.45 to 14.60, later trades weaker. Cattle weakened across all classes, while sheep showed limited activity. Reports cover Sioux City Des Moines Omaha Austin and other market centers with varied receipts and price ranges.
In New York trading on Monday bond activity was light with moderate interest in the rail list. Topside gains included Goodrich 4135 and Southern Pacific 448 while losers featured International Telephone and Missouri Pacific. Foreign list gains appeared in Argentine 4325 Australia 4$35 Brazil 8s Canada 5s Denmark 43 Peru 6s and Rio de Janeiro 642s. Government bonds closed with small gains across Treasuries 44a 47-52 totaling 115.23.
Hog prices rise across all grades with top long haul at 14.40 while good hogs sell 140 to 180 pounds from 12.65 to 14.30 per cwt. Cattle market shows choice to prime steers 13.25 to 14.75, yearlings and heifers mostly down to 9.25. Calves and sheep range listed with various weight brackets and prices.
Grain and produce prices listed for Cedar Rapids including Wheat No 1 at 96c and No 2 80c, Oats white at 524c and 511 6c, Rye No 2 60c, Corn shelled No 2 yellow 5c, fresh No 3 73c, Soybeans No 2 yellow 1.73, Hay and Straw values, Poultry market rates for hens ducks and geese, Wholesale fruits and vegetables with items like Colorado celery 3.50, Lemons 5.50, Oranges 4.00, Lettuce 3.25, Onions 3.25, Potatoes Russets 3.30, Crops and seed potatoes prices, and hide values for various grades.
New York receipts show eggs at 43 823, firm with mixed colors and various grades. butter firmer with 92 score and premium marks. cheese steady with state flats and current makes. dressed poultry firmer while live poultry remains nominal. Chicago reports steady to easy poultry with mixed weights. abundant butter and egg pricing details follow, with storage standards and futures section.
The report lists bond indices with minor changes across sectors. Mississippi River stage readings show Davenport at 1.9 feet with a Fall 0.2, Keokuk at 3.8 and other locales varying slightly, per AP update.
New York reports a modest market advance with uneven gains across sectors. Industrial leaders showed limited participation as investors weighed inflation policy and international events, while blue chips mostly held small losses or flat trading. United States Steel Bethlehem Chrysler American Telephone Western Union Westinghouse and Standard Oil led the day with modest strength.
Monday quotations from Bennett & Co show Abbott Lab Inspiration Adams Express Int Harv Alaska Juneau Int Mining Allied Stores Intl Nickel Allis Chalmers Intl Paper Amn Can Intl T & T Amn Coms Ale Johns Manville Amn Maracalbo Krover G & B Amn Roll Mills Amn Smelting Piney Owens Amn Steel Fays Rr & Myers Amn Sug Ref Link Belt Amn Tel & T Lin Carbonic Lockheed Amn Wat Wrks Loews Amn Woolen Lorillard Anaconda Coal McKesson Marshall Fid Armstrong Cork Pet Mobil Moline Atlante His Mont Ward Aviation Corp Motor Wheel Baldwin Loco Murray Corp Balto & Ohio Nash-Kely Barnsdall Natl Bellas Barber Asphalt Netl Dairy Bendix Natl Distillers Natl Gypsem Boeing Airpo Natl Biscuit Bath Iron Natl Cash Reg Beatrice Cray Bendix Avn Natl Distillers Natl Gypsem Boeing Airp Keen Livestock Cargo Co. Nash-Kely v. Trim.
Boston protest over 4 F classifications for chronic alcoholics proposes a regiment for these rejects to be sent to combat. Judge Miles notes alcoholics boast of induced drunkenness to avoid induction and cites life expectancy figures for rural and urban living.
Chicago grain futures show an easier trend with wheat down 5 to 7 cents, corn off 43 to 44 cents, oats and rye also lower, and soybeans down about 1 to 1.5 cents. Early Minneapolis strength gave way to limited demand and light dealing, with corn down despite a stronger hog market and some spread trading noted in the pit. Winnipeg cash wheat held steady while other grains weakened.
In Plymouth Wisconsin cheese prices show cheddar varieties and dairy products while Boston wool markets report demand for territory wool on a scoured basis. Prices range for three-eighths blood combing at about 1.04 to 1.06 dollars per pound and quarter-blood combing at about 0.95 to 0.98 dollars.
Max W. Burke of the Grinnell Institute of International Relations will speak at a Tuesday night meeting at the Commonwealth. A Dutch treat dinner at 6 pm precedes the 7 pm session, with reservations requested. institute plans cover June 15 to 24.
Washington officials unveiled a simplified oversize bus trailer capable of 141 people. The 55 foot unit carries 87 fixed seats, 24 drop seats, and space for 30 standing passengers, and can be pulled by a standard one and a half ton truck tractor.
Leaders of three major farm groups said they will oppose labor organizing efforts against farmers. The American Farm Bureau Federation the National Grange and the Council of Farmers Cooperatives will testify to a House judiciary subcommittee on labor racketeering collusion and intimidation tied to John L Lewis United Mine Workers dairymen organizing drive.
The district court under Judge J E Hiserman entered a 2000 bond judgment in favor of the state of Iowa against Dorothy Myers and William T Striggles. Myers fled the courthouse March 24 as a larceny case awaited evidence. Striggles, a Des Moines resident, posted the bond and several properties are listed as liened.
Charles A. Morley 30 was returned to Cedar Rapids from San Diego by County Attorney William W. Crissman and Detective George Connell and pled not guilty at arraignment before Judge J. E. Heiserman. He faces embezzlement by agent of 13.85 from Midwest Fruit and two counts of uttering checks, one at Virginia cafe and one at Magnus hotel. Morley had sought habeas corpus in California. extradition waarrant resulted in his return. The group arrived about 2 a.m. Monday.
W L Norland sues Carl Moore in district court seeking dissolution of their nine year old race horse partnership over Rags Makin. Norland alleges poor conditioning and improper shoes by Moore and asks for a custodian and injunction to protect the horse. Later Hadad seeks divorce from Helen Hadad wife since 1931 marriage. Anna R Lesinger will probate with J W Lesinger as executor without bond.
Samuel Messina, son of the landlord, hid in his Chicago apartment and shot a prowler who forced a rear window. The intruder, Lawrence Ferraro Jr., 19, died hours later in hospital. Police identify Ferraro as the landlord’s son and Messina’s neighbor.
Sen Johnson proposes postwar hemispheric dollars usable across North and South America. Sen Herring and Downey support the idea, arguing standard currency would stabilize economies after the war and promote regional unification through a common dollar.
Des Moines Iowa Democratic gubernatorial candidate Nelson G Kraschel proposes eliminating athletics as practiced in Iowa high schools. He favors a universal physical culture program with health supervision and periodic exams to identify student needs. He plans to have all five gubernatorial candidates address the Iowa Council for Better Education on education equalization.
Fred Winter, athletic director, and a large staff run an athletic program where varsity sports are a minor share behind physical education, intramurals, and broad student participation. This model mirrors approach seen in many large Iowa high schools.
Des Moines reports state civil air patrol officers have their first complete uniform. John Paul Banzhaf of Marshalltown, squadron commander, wore the new outfit during a visit to state officials. He is said to be the first Iowa CAP member to obtain a full uniform after locating 237 scrap piles for the state salvage effort.
Washington AP report says the Supreme Court denied an AFL petition to review a Wisconsin Employment Relations Board decree. It bars a Teamsters union affiliate from picketing a Milwaukee dairy to force a closed shop contract. The decision marks the first involvement of this issue.
The notice lists ad pricing and guidelines for five to six word lines plus additional lines. It specifies minimum two lines, seven day runs, and payment rules. One day reach and discounts for consecutive days are shown with per line and per day costs.
Classified column lists women for general housework kitchen help and beauty operator jobs plus stenographer and defense industry positions. Employment ads also include vehicle sales from Langhurst Motor Co and private listings.
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