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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 15, 1940
Page
6
Chicago reports hog prices rising with hogs at stronger levels while cattle prices show biggest move since last autumn. Market notes list hogs steady to higher and cattle trading mixed as traders weigh feed costs and demand.
Hogs resumed an upward trend after two days unchanged as prices rose to a top of 50 cents and packers paid 3 cents more. Cattle and calf markets varied by weight with calves quoted up to 50 dollars and sheep shows genuine spring lambs 70-90 pounds at 9 dollars.
Grain quotes list wheat oats rye barley and beans with No 2 prices. Delivered Cedar Rapids poultry and produce prices include butterfat cabbage tomatoes carrots potatoes and apples with assorted farm animal prices and horse values.
New York bonds drifted higher with issues like 4s and International Mercantile Marine 6s gaining around four points on subdued trading. Demand centered on Treasuries as investors priced in a plan for carrier modernization and mixed domestic calls, while government and home-owner issues remained mostly inactive.
Week of April 15 to 20 reports Wisconsin cheese prices from Plymouth markets. Dairy buyers note variations in creamery quotes with three-eighths and coverter bands for bapmene direct from producers, with grease delivered prices around 34 to 35 cents per pound.
New York stocks moved higher with gains of one to five points as wartime demand boosted favorites like Douglas Aircraft United Aircraft Glenn Martin Sperry and American Airlines while many leaders faced mixed early-year highs and lingering volatility. The market reflected optimism about Allied buying of military materiel and related industrial shares despite widespread trading challenges.
A wide list of stock quotes from Adams Express to Western Union shows fluctuating prices across industries. Key values include Allied Sores 8s, General Motors, Ford, Union Pacific, and Dow Jones averages with mixed gains and losses reflected in the closing figures.
Wheat futures at Chicago rise strongly on unfavorable crop news and war jitters. Corn leads gains with new seasonal highs as funds and cash buyers push prices up. soybeans lift modestly while Winnipeg values stay steady. Trade reports show 45,000 bushels shipped by noon with 51,000 awaiting arrival.
Chicago receipts show steady butter and eggs along with varied poultry prices and large potato shipments. New York reports steady butter with strong storage demand, mixed eggs, and cheese receipts, alongside futures data from Lamson Bros. and Co.
William D B Wheeler 29 of Cedar Rapids pled guilty to a forgery charge and received an indeterminate 10 year term at Anamosa reformatory. He had been arrested on a warrant for falsely uttering a $220 check to Handler Motor Co and later attempted to pass a $300 check bearing the name Charles Hoffman and endorses Tony Smith in Cedar Rapids.
Hoffman and Snyder witnessed Wheeler allegedly declare that he forged Hoffman's signature. The fragment suggests a formal accusation of fraud tied to an attempted or perceived forgery.
A $35,000 Illinois case against Iowa Electric Light and Power Co. in Cedar Rapids resumes before Judge J. E. Heiserman with Christ Niedermayer alleging permanent injuries from a 6600 volt line crossing Red Ball road near Benton county. Electrical engineer Drabble and resident Fred Schmuinke testified as experts and witnesses while St Patrick’s high school students observed a court procedure session.
Edith Grace Steele sues Willis G. Steele for divorce on cruel and inhuman treatment. A temporary injunction blocks personal interference and a $21,500 property attachment follows. Marriage was in Savannah, IL on February 18, 1927.
Plaintiff Ralph Elnor Johnson appeals to the state supreme court in Cedar Memorial Park Cemetery case. He seeks right to replace and maintain a Brunite stone over a grave, while Cedar Memorial Park Cemetery Association argues contract rules limit markers to bronze. Appeal follows Judge C J Haas ruling sustaining the defense motion to strike Johnson's reply.
Judge C J Haas approved the twenty second receivership report showing quarter end receipts of 5274.29 and disbursements of 1965.92 with cash on hand 131,859.11. Dr Bates is receiver and J R Drake examiner in charge. Also cases settled include a realty partition suit by Bunger brothers dismissed with prejudice.
Mrs May Walker Burleson 51 of Columbia was declared not insane after a 30 day confinement at the state hospital. Dr C P Williams superintendent submitted the report in the murder case of her husband’s second wife.
A German trade delegation led by Hermann Landwehr arrived in Sofia to negotiate a major project to ship Russian oil to Germany via Bulgaria.
Publication deadlines for want ads set by The Cedar Rapids Gazette with daily and Sunday publication notes. The page lists ad takers, pet notices, rewards, ambulance service, and beauty treatment ads from Stark’s Beauty, Erma’s, and related services with contact numbers.
Classified advertisement page lists electrical wiring, motors, industrial wiring fixtures by Harry Largent, upholstering and cabinet work at Gable Cabinet Shop, nursery stock and seeds, wallpaper cleaning by EXPERT with 15 years, painting and papering, pest control chemicals, furniture refinishing, carpentry estimates, tree surgery and power spraying by N A Rose. Phone numbers provided.
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