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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 27, 1940
Page
8
Wholesale hog prices climbed to 7.69 amid active trading with futures in Chicago and Peoria receipts showing gains. Cattle and sheep bids held steady as hog, lamb, and feeder markets moved with general demand.
Fragmented OCR shows prices and terms for sheep and dairy stock with figures like 240 and 2003. Mentions of hogs, oats, and trades appear alongside scattered names and units, indicating a midwestern farm market report with assorted livestock and commodity prices.
The local hog market moved higher with another 20 cent rise noted Tuesday. Prices span slaughter hogs and packer wants from 1050 to 550 and up to 600 pounds with varied quotes for steers and heifers, calves, and grass cattle in a broad range depending on weight and grade.
Price listings show wheat, corn, rye, and barley with varied quality grades and cents per unit. Poultry and vegetables appear with quantities and unit prices, alongside wholesale fruit, grape, and potato entries.
Idaho russet and other potatoes lead week shipments with US totals at 187. Idaho russet burners and cobblers show varied prices across states. New York reports mixed egg receipts and steady butter and crepe markets with futures influenced by regional demand and storage standards.
New York reports another uneven stock market day with mid session weakness followed by late buying. Total volume reached about 225000 shares, higher than Monday's 161000, with notable gains for Chrysler Sears Roebuck Marshall Field Anaconda Kennecott North American Armour Wilson Consolidated Edison and weaker support for Montgomery Ward General Motors Pennsylvania International Harvester United Aircraft Standard Oil of New Jersey and American Can.
Wall Street stock listings show diverse issuers from Amn Nickel to Union Carbide and Westinghouse with varied prices and yields. The page records numerous company names including Procter Gamble, American Can, General Electric, and United States Steel with mixed performance signals.
Chicago wheat futures rise amid late session short covering with new crop corn also firm. Wheat closes about 13.5 cents higher while September near 84 cents. corn mixed with small gains in nearby months and beans advancing to near season highs in late trade.
Market summary notes dairy and wool prices with references to cheese and dairy items in Wisconsin and Boston. Cheddar and other cheeses listed with fractional prices. farmers report daisies and commodores. wool prices for Western and French combing grades noted.
In quiet dealings Tuesday most corporate bonds slipped while a few advanced fractions. U.S. Treasuries showed little change as Dow Jones averages edged higher, with industrials, rails, and utilities varying in late trading.
Eighteen hundredths of an inch of rain Monday raised McGregor area total rainfall in 39 days to 12.8 inches. Don Smedz of the US rainfall service notes reports show precipitation. Farmers face crop damage as oats sprout rot and fields flood, awaiting warmer weather to resume cutting.
Judge James P. Gaffney scheduled September 3 for hearings on two claims of 250 dollars each by attorney Robert Brooke against the Johnson County Savings and Iowa City Savings bank receiverships. The claims cover legal services in settling the two receiverships with the Dane Company and Simmons Motor Company. Brooke represented objecting depositors resisting a settlement proposed by examiner Ben S Summerwill and state banking head D W Bates. An official application from Bates via examiner J R Drake sought the hearing date for Brooke to prove the claims.
Claude R Wickard secretary of agriculture urged unity in defense today at a Nebraska rally with leaders from Iowa Missouri and Kansas. He said farm programs ensure wartime food abundance and warned against a repeat of 1930s farm foreclosures. The address followed his succession of Henry A Wallace and stressed conservation and production control as national defense.
Funeral services were held for Edward F Rohlf 51 Cedar county farmer who died Friday at University hospital. Marriages announced include Lucille Englehart to Jay Joslin at Maquoketa and Phyllis Untiecht to Elzertus Ploen near Nashua. Community events range from school openings to picnics and church notices across multiple towns including Oxford Clarence Hopkinton Independence Brandon Traer and Tracer.
Marvin Law, 28, of Cedar Rapids, charged with operating a motor vehicle without owner's consent, pled not guilty before Judge C. J. Haas and failed to post 1000 bond after police say he drove away a car owned by Sherman Freeman near a Third Street SE stall. Bahk, 38, charged with intoxication, received 30 day county jail.
Elmer Brogla, 40, of Iowa City, pleaded guilty to operating a motor vehicle while intoxicated. Judge C. J. Haas fined him 300 dollars and costs and gave a three month county jail term retroactive to August 17, provided the fine is paid. The arrest occurred at Bowling and C streets SW on August 16.
Donald Dollarhide 22 of Cedar Rapids appeared with counsel before Judge C J Haas Tuesday withdrawing a guilty plea from last Saturday and entering not guilty. Bond set at 500. Dollarhide accused of attempting to drive Gertrude Gurran s car from its parking space on Second Avenue SE near Third Street early last Saturday. Sues On Notes. Robert S Cook Cedar Rapids National Bank shareholder s agent is plaintiff in two note cases filed Tuesday. Defendants include Joseph C Skalsky 510916 and Robert M Harder and Mary M Harder 189 95. Wife Charges Cruelty. Augusta Fritz Cedar Rapids seeks divorce from John H Fritz on grounds of cruel and inhuman treatment. Married March 26 1913 at Atkins. Lamson Brothers and Company seeks 158125 judgment in grain trading account suit Aldre E Kendall named defendant.
The Gazette notes limits on incorrect insertions for ads and states Want Ads accepted until noon for same day publication and until 9 p.m. Saturday for The Sunday Gazette.
Lost salary on Ard Ave W Monday night. Reward for return to Box S-293. Orange white black female cat named Wimpy offered reward. Classified ads advertise watches repair, pen repair, moving services, ambulance, jewelry, van lines, laundry, quilts, and local trades.
A crowded page lists numerous beauty shops and offers for permanents and hair styling. Prices range from 98 cents to several dollars with varied services and openings noted. Names include Lovely Lady Beauty Shop, Stark Beauty Shop, Alice Krall, and Paris Academy of Beauty among others.
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