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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 30, 1940
Page
6
Live cattle and hog futures moved lower amid abundant slaughter and wholesale supplies. Data from Chicago and regional markets show steady to weaker tone with lighter demand for fed cattle and slower buyer interest for hogs, while receipts and prices varied across destinations and weight classes.
Market notes show various bids and prices for cattle steers and heifers, with sheep and ewes listed. Early bids range around 4.00 per unit for ewes, while top prices for stock and cattle reach several thousand dollars in this regional sale.
Hogs remain weaker with all grades down 15 cents. Top price drops to around 580 dollars per hundredweight. Cattle market shows no change. Calves priced by weight and quality. sheep market lists spring lambs at about 9.00 per hundredweight with bucks slightly lower.
Local Cedar Rapids market notes list grain prices No 2 wheat 12 cents, corn 4 3/5 cents, rye 2, barley 3 5/5 cents, soybeans No 1 yellow, hay and straw prices, plus butter cream grades No 1 and No 2. Also wholesale fruits vegetables with prices for oranges, cranberries, lettuce, onions, cabbage, carrots, peppers, and potatoes. Auction and stockyard items include cattle hides and horse prices with pony notes.
Markets tied to COICO CHICAGO and NEW YORK trade show varied movement. Leghorns and Plymouth Rock poultry steady while butter and potatoes hold. eggs rise with strong demand in New York. Wisconsin and Idaho supplies remain moderate. several recent stock levels and price ranges cited for U S No 1 and washed varieties.
Wisconsin cheese quotes for April 29 to May 4 show 13 cent for dais yee and horns, 12 to 13.4 for cheddars, with 13 cent for daisies and related varieties. Wool market in Boston reports moderate trading and firm quotations for blood wools, with country fleece sales at 35 to 36 cents delivered, while Western crown wents remain quiet. The Peruvian government opens a textile school to teach folk handcrafts.
New York AP reports stocks showed mixed recoveries early in Tuesday trading but declined in the final hour as Allied reverses in Norway weighed on sentiment. Transfers around 600000 shares with some gains for General Motors Briggs U S Rubber Sperry Consolidated Edison Standard Oil of N O Texas Corp Regonier and Bohn Aluminum. Weak at finish were U S Steel Bethlehem Montgomery Ward Santa Fe Kennicott Anaconda International Paper preferred United Aircraft Glenn Martin and Great Northern.
Wall Street quotes show wide swings with major players like Adams Express, Kennecott, Alcoa, General Electric, Coca Cola, and Procter Gamble among active names. Regional notes list Mississippi River stages and several corporate movers across sectors.
Wheat futures on the Chicago board fluctuated May to above and below prior closes amid buying and selling spurts. May wheat around 1.0 cents lower to 1.5 cents down. corn off about 1 cent. oats and rye down slight. soybeans down around 0.5 to 0.75 cent. Minneapolis traders show firmer bias early, then retreat as Chicago dips. Winnipeg and Kansas City mirror the Chicago moves. cash interests and locals active. receipts about 51 cars.
New York markets show mixed demand for domestic loans while overseas bonds retreat. Union Pacific issues attract buyers as anxiety over Norway Italy and Germany dents sentiment. several corporates post gains. Government and industrial bonds trade unevenly as stocks open lower with modest moves through the day.
Assistant city attorney Marrs S Johnson cites Cedar Rapids experience and local fatalities to push a jaywalking ordinance. He argues it would curb pedestrian deaths, mainly in the downtown area, though manpower limits hinder enforcement beyond the loop.
Allan Richardson of Mediapolis led a torchlight parade and rally at Coe College on Monday night as students endorsed his bid for student council president. Fellow candidates Frank Bauder and Ben Jump, both Cedar Rapids, also vie in the primary with two advancing to next Tuesday's final election. Police investigated two noise calls from the rally, found not disruptive, though one caller claimed hospital noise and another cited Thirteenth Street. Assistant Chief Al Mikota suggested the calls looked politically motivated.
Charleston residents describe a toddler Wecky Wolfe aged 3 who vanished for hours. The parents searched until nightfall, then found him beneath the doghouse with a family dog Buddy, rubbing his eyes and explaining he crawled in because he was tired.
The North Western railroad filed with the state commerce commission to operate a motor freight line in Iowa linking Clinton DeWitt Cedar Rapids Marshalltown Ames Boone Carroll Missouri Valley and Council Bluffs with a spur to Sioux City. A hearing is set for May 28.
The Cedar Rapids Gazette lists minimum ad lengths and pricing for multiple days and line counts. Out of town ads require advance payment plus a 10 cent box number surcharge. special rates apply to work wanted ads. Lost and found notices appear with names and contact details as examples of classified style.
Various small ads offer watch cleaning and repairs with prices around $23 to $100, and notices for jewelers and hardware services. Also includes ambulance and moving company references, help wanted lines, and a crime warning about false pretenses and a call for doctor on radio.
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