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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 02, 1940
Page
7
The article details nationwide and regional hog and cattle receipts and price ranges. Hogs show mixed to lower trends with top bids around 6.60 and 5.75 for various weights, while cattle and calves show strength on yearlings and steady beef prices. Multiple western and midwestern markets such as Omaha Sioux City and St Paul report steady to higher prices for fed cattle and spring lambs.
AUSTIN HOG MARKET reports show gilt and barrow prices across weight ranges from 140 to 500 pounds and higher, with bid quotes around $4.50 to $5.95 per cwt. PEORIA LIVESTOCK notes salable receipts of 2,509 hogs and 180 calves, with differing weights and prices including top hogs at $6.30 and cattle and sheep activity described as steady to higher, with veal and yearling values listed.
Hog prices eased with most grades weaker on Friday as light hogs up to 180 pounds held steady. Top no fill at 620 dollars. Cattle market mostly steady with varied weights showing minor declines and many beef grades listed with price ranges across steers, yearlings, cows, calves, and sheep segments.
The Cedar Rapids market lists grain prices for No 2 yellow corn at 62 cents, oats No 2 at 30 cents, rye No 2 at 18 cents, barley No 3 at 45 cents, soybeans No 2 yellow at 65 cents, hay and straw bids, wholesale fruits and vegetables with multiple item prices, deer hides No 1 at 3 cents, No 2 at 5 cents, calf hides at 8 and 6 cents, horse hides at 3.60 and 2 dollars, and poultry prices for hens and various fowl.
Chicago receipts show butter steady at 90 and eggs steady with no overall change. Potatoes arrivals and demand mixed with western markets firmer on russets and Idaho Bliss Triumphs. New York eggs unsettled with mixed colors. butter higher than extra and cheese prices unchanged.
The fragment notes the first U S geodetic survey conducted in 1841 by Simeon Borden. It also contains scattered references to production futures, storage standards, and egg prices from late November and October, but the readable core fact is the 1841 survey attribution to Simeon Borden.
New York AP reports a cautious Friday in the stock market with steels and motors recovering slightly but broad leadership muted. Midday bidding rose select issues to near break even before a later dip and modest rebound. Analysts blamed apathy on waiting for Anglo-German war news. U S Steel Bethlehem Chrysler General Motors Montgomery Ward and Du Pont rose at times while Texas Corp Anaconda Kennecott Douglas Aircraft American Can Great Northern and American Telephone lagged.
Miscellaneous items list cheese quotations for the week ending July 28 to August 3 including varieties from Dairy and Farmers Co-ops with rates. Also reports light movement in the Boston wool market with demand for small lots of fine territory wool and price ranges, plus a note on U.S. government bonds closing in New York with several series cited and prices.
Light local and professional selling pressure carried wheat and corn futures somewhat lower on the Chicago board. Wheat closed 4/8 to 1 cent lower at 75 1/4 to 75 1/2. Corn down 1 1/2 to 11 1/2 cents at 60 1/2 to 60 3/4. Oats fell about 3/4 to 3/4 cent, rye down 3/4 to 1/2, and soybeans off 1/2 to 3/4 cent.
Market notes show wheat prices and cash provisions in Chicago and Minneapolis. Various No 1 and No 2 grain grades across corn oats and barley, with protein and regional differences listed. trading on Friday reports volume and comparisons to previous year.
In a sparse market on Friday, bond prices moved irregularly within a narrow range. Lehigh Valley edged up on hopes of an early court ruling on the sead 5s petition, with several issues steady or rising including Youngstown Sheet and Tube and Texas Corp 3s.
The Shanghai home of K Shelby Walker, Far Eastern manager of Reuters, was found entered while he was away in Japan. A desk was rifled but valuables were not taken. Walker had gone to Tokyo to probe the death of M J Cox, Reuters Japan correspondent.
United Air Lines reported that through July 27 the 17 domestic carriers completed a 16 month period without a fatality to a passenger or crew member. Over the span planes flew about 125.3 million miles and carried 1.1867 billion revenue passenger miles.
J C McCarl 60 first United States comptroller general died suddenly in Washington on Friday.
The supreme soviet parliament, with Josef Stalin present, voted Friday night to annex Romanian speaking Bessarabia into the Russian Moldavian Republic and to add other Bessarabian districts and northern Bukovina to Ukraine, reshaping territorial borders.
Howard H Masteller 52 of Clarence sixth district field man for the Iowa Farm Bureau federation was in Mercy hospital for observation after an auto accident on highway 30 five blocks east of Mount Vernon Friday at 7 am. Beerkrem of Cedar Rapids claimed Neff of Mount Vernon swerved off without signaling and collided with Masteller’s car.
London officials said 1,990 children were planned for evacuation to the United States by August as Germany's submarine campaign intensified. Parents hesitated amid torpedoings though many had registered nearly 200,000 children for evacuation to Canada or the U S. Some youths favored staying in England while others welcomed the journey and new life abroad.
Minnie M Shepherd of Ottumwa files in Wapello district court seeking $5,000 life insurance for Art Shepherd. The suit names Pacific Mutual Life Insurance and guardian Viela Shepherd for Judith Ann Shepherd, who the guardian says holds legal title to the policy.
Frank E. Mullen, long tied to radio since 1923, is named vice president and general manager of NBC by the board. A Iowa State College graduate and former Sioux City newspaper man, he succeeds Niles Trammell who moved to president. Mullen previously led RCA advertising and publicity and headed the RCA information department.
The army disclosed it is negotiating with General Motors and the Chrysler Corporation to operate two aircraft cannon factories to be built by the government within the next year. House committee hearings on the defense bill reveal the plan to mount cannons on combat airplanes as lessons from Europe emerge.
Marion page highlights Miss Jeannette Titus departing with friends for Oregon and planned August return, various visitors and guests at local homes, theatre ads, grocery specials, and school board actions including budget adoption and staff changes.
A two weeks motor trip to Niagara Falls New York and Callander Ontario included a stop in Aitkin Minnesota for several days of fishing. Mrs P G Harlan underwent surgery at St Luke's Cedar Rapids on Wednesday and was reported satisfactory Friday. Mrs W K Lothian and her guest Mrs Archibald Mitchell of Norwich Connecticut attended a lunch hosted by Mrs C Northrop Monticello. John S Miller and Robert Wilber traveled to Omaha for a short visit. L E Fuller Jr of Chicago will visit Miss Janet Lothian at her parents home. The Burns family reunion will be held Sunday noon at Bever Park Cedar Rapids.
In Lincoln Nebraska Howard French 15 escaped parole and stole a car at gunpoint in Denver robbing for $700 He injured a driver D A House of Lincoln aided by Gretna police pursued the fleeing vehicle which crashed into a pole French was treated in a Lincoln hospital and will be moved to Papillion to face charges He praised Father Flanagan as a frightened victim of the incident.
Governor Payne Ratner asked 14 Kansas farm chiefs to attend an agricultural conference in Des Moines called by Wendell L. Willkie. The invitees include the state livestock sanitary commissioner, Farm Bureau president, Kansas Livestock Association president, Grange master, Farmers Union president, Kansas State College dean, and the state Board of Agriculture president.
A steam blast at Armour and Company pork rendering plant in Chicago injured nine workers and endangered 90 more. Superintendent Thomas Conway said excessive steam pressure in a 40 cubic-foot tank caused the explosion. windows were shattered though walls and roof withstood the blast.
German storm trooper Franz Huber, an agent of the Gestapo, is said to play a key role in Japan's arrests of British citizens accused of espionage. He is attached to the Japanese Home Office and is exerting influence on internal affairs.
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