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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 01, 1941
Page
12
Lightweight hogs and sows gain steady to 10 cents, heavier weights ease. Cattle market remains dull while lambs rise up to 10 cents. multiple regional price notes and representative sale figures appear from Chicago, Waterloo, Des Moines, Austin, Omaha, Sioux City, and St Paul crops.
Reports show feeder cattle and cutter cows steady to higher with good to choice heifers reaching $13.50 while canners and common grades hold. Hogs steady to higher with top around $11.45 and lambs mostly steady. Peoria and regional markets list varied receipts and selective price gains for spring lambs and veal.
Local hog market shows no changes in grades or long haul top at 1105. Prices for good hogs range across weight classes from 140 to 360 pounds with figures around 9.40 to 10.75 per hundred. Cattle and calf sections list varied steers, heifers, cows, and bulls with price ranges and weight bands. Sheep market notes include spring lambs and bucks with regional price guidance.
Market listings for grain including No 1 Sic No 2 arr ages No 2 M23c and soybeans at 1.33 per bushel. Hay straw poultry prices by weight and breed. Wholesale fruits vegetables and hides with assorted prices for lemons oranges grapefruits celery watermelon lettuce onions cabbage carrots potatoes cantaloupes peaches and hides. Horse prices listed with manes and tails noted.
Wisconsin cheese exchange lists quotes for the week of July 26 to August 1 with Twins at 20.24 cents brick at 20 cents and cheddars at 20 to 34 cents. Wool market reports scattered sales closed on eroded territory with varying prices for combing and blood wools amid a stiffening trend and EU imports noted.
New York AP reports a rail stock led market with many industrials lagging. Carriers rose early and mostly held fractional gains, while Bethlehem Steel fell sharply at the open and failed to recover. Other steels showed less volatility with several names hitting new 1941 highs briefly.
Friday quotations from Wall St. Stocks list Adams Express Allied Chem Allied Stores Johns Manville Lehigh, American Sugar, Anaconda Copr, Armour & Co, Ford, General Electric, General Motors, Coca Cola, Procter Gamble, Sears, and many others with prices and percentages. Includes Chicago Stock Quotations with Armour Co, General Electric, Chrysler, and more.
Washington. The senate agriculture committee unanimously authorized Chairman Smith to telegraph all state commissioners of agriculture for their opinions on fixing farm prices. Smith urged going back to the people to learn their views while committee members supported Roosevelt's price fixing and protecting farmers.
Chicago prices rose over 2 cents a bushel on Friday with corn finishing 34 to 1 cent higher as September 75.34. wheat was near unchanged to up, soybeans gained 4 to 38, October 1.397. The advance followed a government price increase for corn at terminal markets.
Market notes show Winnipeg wheat quotes with October and December futures and Chicago cash provisions listing No 2 and No 1 hard wheat prices. Rye, corn, oats, barley, and lard quotes appear with multiple grades and bid numbers across cash markets.
A cautious New York bond market showed minor fraction changes with a few gains in domestic corporates while several foreign issues faced delays due to payment restriction inquiries. U S government bonds closed mostly steady with slight declines and industrials led modestly higher in late trading.
CHICAGO AP Receipts show 38 truck poultry market steady to firm with price up slightly for Springs and White Rock items. BUR and egg totals, cheese prices steady, butter firmer with high grade scores noted. Produce futures list storage standards and refrigerator standards for butter and eggs.
In Chicago the five major railway brotherhoods presented wage demands to railroad negotiators. Union negotiators cited rising productive efficiency and higher national and railroad incomes, noting government figures for 1939 show average monthly wages for 1,376,266 rail workers around 110.33 dollars, and that net pay figures warrant increases.
About a quarter earned under $600 annually. Fred Gurley, management spokesman, says those figures likely include part time workers with other incomes. The two negotiating groups plan to resume talks on Tuesday.
A dense clustered page of classifieds lists jewelry buyers and lenders Katz Jewelry and Loan Co and Vincent's Jewelry Store, repair and cleaning offers at Probasco and Morris Fur Shop, photo developing services from FotoCraft, Andrew Carburetor Service, hospital care listings,DX station grand opening, and assorted consumer ads with prices, phone numbers, and locations across downtown.
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