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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 06, 1940
Page
4
Hog prices held steady with slight 5 to 10 cent dips on medium and heavy butchers. Top quote reached 6.55 while receipts for hogs and cattle and lambs varied across markets in Chicago, Omaha, Des Moines, and other centers, with cattle and sheep generally firmer and buyers active on higher-quality offerings.
Receipts indicate 2000 cattle at St Paul with grain fed cattle active yearlings and light steers strong. hog market not established with bids around 5.85 for 180-240 lbs. sheep slaughter lambs and ewes show higher asking prices. Sioux City reports 2890 cattle receipts, calves salable, beef steers and yearlings active and higher.
Receipts and price ranges across cattle hogs lambs and sheep with mixed activity. Stronger bids for feedlot steers and heifers while hogs show top quotes near six dollars for 180-225 pound pigs and lighter weights. Sheep and lambs show small gains for native lambs and steady fat ewes with feeder lambs scarce. Cattle trade moderately active with mixed classes up to about nine dollars per hundredweight in spots. Peoria Michigan reports note mixed results across weight classes and occasional higher bids for select loads.
Market notes show hog prices steady with top calves around 900 dollars. Quality and weight drive lamb and buck prices with lambs 70 to 90 pounds at 800 dollars and 100 to 120 pounds at 2 50 per hundredweight. other items vary by grade and weight.
Grain prices list No. 1 wheat No. 2 62c Oats No. 2 30c No. 3 28c Rye No. 2 ai Barley No. 4 torch Shelled corn No. 2 yellow 56 c No. 3 yellow 54c Soybeans No. 2 yellow 65c Mas and straw priced. Produce deliveries include poultry prices Hens over 5 lbs 12c to 14c range Leg horn and lishts 8c Old roosters 2c Hennerles 1c No 1 le No 2 Ca Wholesale fruits vegetables Lemons 4.50 Oranges 3.25 3.474 Grapefruit 3.00 3.25 Michigan celery stock Lettuce 3.40 Onions 2.10 Cabbage 1.25 1.50 Tomatoes 1.85 Carrots 2.75 New potatoes 1.70 Apricots 0.85 Watermelons 2c lb Hide market No. 1 cured beef hides 6c No. 2 cured hides 4c No. 1 calf hides 8c No. 2 salt 0 No. 1 kip 0 No. 2 kip 0 No. 1 horse 3.00 No. 2 horse 2.50 Pony and glue half price Manes and full tail included
AAPi U Sourced Latin American bonds led gains as the market showed little overall momentum. Foreign issues rose over a point by noon while domestic corporates floated in a fractional range, with several issues advancing and others slipping. Meanwhile U S government bonds drifted lower, and the Dow Jones averages reflected subdued trading with modest declines across major sectors.
War worries Tuesday prompted light selling in the New York stock market. Early proceedings showed irregular shifts with declines reaching about one point. Most leaders closed near the day’s lows as about 300000 shares changed hands. notable movers included U S Steel Bethlehem Chrysler Sears Roebuck United Aircraft Anaconda Kennecott du Pont Eastman Kodak Great Northern Texas Corp.
Published by J E Bennett Co the list shows prices for diversified United States and Alaska stocks and bonds including Allied Stores Johns Manville Lorillard McKesson Union Carbide Procter Gamble and various regional names with thousands of shares traded at close. The table lists AT&T National Biscuit Armour Beatrice Nash Kelvar Texaco and others with prices ranging around fractions and whole dollars across the day.
Wisconsin cheese quota values for August 5 to 10 are listed by the Wisconsin Cheese Exchange with prices for daisies commodores and other varieties. In Boston, wool sales were quiet with inquiries rising, trading limited to original bag wools in the 80 to 83 cent range, while higher quality staples held around 124 to 85 cents per scoured pound.
In Chicago trading on Tuesday increased offerings wiped out the early wheat firmness with Chicago wheat closing unchanged to fractions lower. Corn and oats moved modestly, while rye and soybeans showed mixed results amid tentative buying and lingering demand constraints from Winnipeg and foreign markets. Receipts were around 80 cars in Chicago and noon shipping sales totaled 16 000 bushels with purchases to arrive near 30 000.
Market notes show Winnipeg wheat quotes and Chicago cash provisions for futures and cash grains. Prices for No 1 hard wheat range around 75 to 76 cents, corn 66 to 66 5, oats 31 to 32, barley at 48 to 57, rye around 50, lard and bellies near 5.27 and 6.37 respectively.
Chicago market receipts steady to unchanced with butter eggs and live poultry light demand. Potatoes show light demand with strong Nebraska cobblers and Idaho russets. New York prices for api butter and eggs mixed with varied ranges. futures quoted by Lamson Bros. and Co. for November storage standards and October refrigerator standards.
Linn county approved the 1941 budget of 1 416 345 by a unanimous vote on Tuesday. The plan shows a 43 288 decrease from 1940s 1 459 633 total with estimated taxes delivering 1 060 945 to the treasury next year versus 1 136 118 in 1940. The tax levy carries an 86 mill reduction and could drop another full mill if assessments fall short.
Judge H C Ring sentenced Guy McBride to three months in county jail after he pled guilty to operating a motor vehicle while intoxicated on June 29. McBride loses driving rights for three months, with a likely yearlong license suspension as state authorities typically suspend permits for a year. He allegedly cut in front of another car on Sixteenth street between Second and Third avenues SE on June 24. A chemical test at the station followed.
Police said a man identified as McBride, residing at 505 Thirty-third Street SE, was arrested after a suspected intoxication incident following a traffic stop.
Joseph Sindelar aged 19 received a four month jail sentence after pleading guilty in district court before Judge H C Ring to stealing chickens. He thanked the judge profusely and asked to spend Sundays at home for chicken dinners, a request denied by Sheriff Jim Smith. Sindelar was traced by deputies to a sale at an Ely hatchery. the birds belonged to George J Klouda whose farm Sindelar worked on.
Two wills were admitted to probate in district court. The Melvina Preston will of Cedar Rapids died July 26 naming Alva R. Listebarger as sole heir and executrix without bond, dated May 26, 1938. Archie Rock left about 15000. Katie Rock widow named sole heir and executor but declined. James P. Gaffney of Marengo was appointed administrator with will annexed. Bond set at 10000. Judge Haas approved widow’s allowance of 1500.
Cedar Rapids man Virgil Harris 34 serving a 99 year Texas sentence is cited in a suit filed by G Rejsa of Cedar Rapids representing R B Gambill of Denton Texas for 210 dollars claimed as attorney’s fee for Gambill’s defense of Harris after a Fort Worth jewelry store holdup and a gunfight with highway patrol. Defendants Nan L Roy and Walter Ragsdale are named for allegedly arranging the defense and paying only 40 of a 250 fee while Harris pled guilty. Separately Judge Charles J Haas denied Lenore E Hunting’s motion to set aside a default judgment in a 2922.31 mortgage foreclosure case. the defendant’s July 24 answer was stricken for lack of court leave and notification issues. The property under dispute is Brown’s addition to west Cedar Rapids.
Judge H. C. Ring fixed the receiver's fee at 35 dollars. Churchill's report shows 520 dollars in receipts since November 18, 1939, and 313.43 dollars disbursed since November 14.
Bam Boo the 400 pound Philadelphia Zoo gorilla refused the party. The 14 year old ripped a Happy Birthday sign, crushed a watermelon, and flung fragments of a 20 pound cake at spectators. The行为 mirrors last year’s incident.
Cedar Rapids area Want Ads offer reduced rates for job listings and personnel. The page includes classified lines for auditors, bookkeepers, efficiency experts, seamstresses, housekeepers, and various services. mentions moving firms, jewelers, and emergency ambulance service. Contact numbers and box references are provided for submissions.
Rose Schaeffer sues Harvey Schaeffer Monday for divorce on grounds of desertion and cruel and inhuman treatment. They wed in Council Bluffs on April 27, 1907 and Rose seeks restoration of her maiden name Rose Height.
Fred C. Fisher Jr., attorney for G. A. Lieber, said the Goodyear suit raises whether a firm with 50 percent or more of gross business in wholesale falls under the wage hour act. A prior story suggested wholesale share would decide coverage, but rulings may vary.
Edward Belzer 28 of Lamont faces larceny by forgery charges after deputies took him to Cedar Rapids from Buchanan county following a check passed under the name Linzie Bass at a Coggan oil station. Judge H C Ring adjourned for Aug 13 the divorce action Eugenia Klaren vs Lawrence Klaren filed March 21.
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