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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 02, 1941
Page
2
Chicago market news reports hog prices slipping five to fifteen cents as receipts reach about 30 000 head while demand remains solid for cattle with steers and yearlings up to 15 to 25 cents higher. Fat lambs recover earlier losses with gains of 15 to 25 cents amid lighter offerings. Grain quotations and milling notes accompany the market briefing.
Chicago farmers face a drop as soybeans slide 2.5 to 3 cents with tech worries curbing demand. Wheat and corn also ease on mills demand while oats and other grains show mixed moves as trading volume stays light from Monday.
The Chicago market page lists barley prices for various grades and feeds, with No 3 and No 4 oats noted. Prices shown include 913 200 16.50 and clover top and sweet clover values, plus lard prices at both loose and belly rates.
Market notes show Hoos receipts around 19 000 with trading mostly 5 10 cents under Monday. Top 15 cents off early, prices 9 9 10.05 for 180 300 lb cattle. Lambs and yearlings traded 11 25 to 11 40 for fat natives and fed muttons. Tuesday saw 15 25 cent gains for lambs and yearlings with fat native and fed muttons steady to 11 40. Continuous loads and weights cited, with top quoted 13 25 for 1142 lb cattle and 13 00 loads elsewhere.
Hogs at Ottumwa quote 15 cents lower with mixed results by weight. Prices shown for 120-140, 140-160, 160-200, and 300-330 pound ranges vary from about 8.45 to 9.69 per hundredweight, while 275-369 lb packs price around 9.30 to 9.45 and packing sows around 9.30. Cattle listed as steady to lower.
The report lists receipts from interior Iowa and southern Minnesota at 18 concentration yards with price bands for various weight classes. Heavy cattle are noted with prices from 6.50 to 10.20 per 100 pounds, and year-ago figures are referenced for comparison.
Minn AP reports hog market quotes for butchers by weight class with prices ranging from 8.20 to 9.45 per hundredweight across 140-156, 300-330, and 400-800 pound categories, showing variation by size and grade Gen.
Feeder and fed cattle trading steady to moderately active. Slaughter cows steady and cows largely unchanged. Fed steers and yearlings bring 10.75 to 11.78 with several lots at 12.00 to 12.25 for high grade. Medium fed cattle down to 9.00. load of choice heifers at 10.80. Various weights and grades show mixed prices across the sale.
Omaha market report shows hogs steady with prices around 16 cents up to 12.50 per cwt for various loads. Cattle and calves range from $9.75 to $13.75 for different classes with yearling stock steers and vealers leading at about $10.50 to $12.00. Sheep and breeding ewes average around $6.00 with some wooled lambs at $11.00.
Inland market summary shows feed cattle mostly medium to good, cows $5.35 to $10.38, vealers $9.56 to $11.00, calves good to choice. Hogs receipts 17 500 with prices near 9.80 top, 1760 lb down 2.15 cents, sows steady to higher and feeders around 10 to 15 cents higher.
Receipts around 4,000 with steers and heifers steady to 15 cents lower. Sales mix includes calves and hogs with various price points. lambs and ewes also listed. Market activity described as fairly active with several classes showing modest declines.
Wall Street stock listings show Adams Express and Nickel stocks with notable percentages. The bulletin includes chemical and international dealings and dates around Juneau, Alaska, with multiple brokerage entries and a local telecommunication note.
NEW YORK AP The cancellation of a threatened nationwide railway strike sparked a broad market recovery. Gains were mixed and mostly fractional with a few notable movers listing Union Pacific Southern Pacific New York Central United States Steel Bethlehem General Motors Chrysler United States Rubber American Smelting United Aircraft Sears Roebuck American Can Texas Industries Westinghouse and Du Pont.
The Boston market shows very little activity on Tuesday with prices steady at around 3 cents for graded combs. Trade notes indicate subdued demand and cautious selling across the sector.
Receipts mix across markets with creamery reports higher scores and premium marks noted. Dressed poultry steady with little better demand. turkeys vary by region and age, Western and Southwestern birds listed with price ranges. broilers cited at 16 to 18 cents.
Market steady to firm on meats with various chicken prices by weight and type. Butter and eggs receipts listed with price ranges for different grades and regional products. figures include 77,905 lbs butter and 17,795 cases eggs with several price quotations for fresh and washed varieties.
Fragmented AP wire text shows bond markets trading near parity with mixed signals. Demand for carrier loans cooled the advance as investors weighed wage agreements and policy hints.
Cedar Rapids manufacturers visited a Rock Island Illinois defense special train showing components that enable airships and other defense hardware. Firms listed include Hall Manufacturing, Dearborn Brass, Chandler Pump, Paper Company, Johnson Gas, and P. M. Itner Manufact. Floyd Odlum of the OPM leads the project to farm out defense contracts to smaller industries.
R S Smethurst NAM counsel told about 1 000 trade association representatives that Howard Smith VA and Clyde Herring IN anti strike bills most closely meet manufacturers views.
Police report that two brothers aged 7 and 9 confessed to robbing a filling station at 819 Third Street SE on Thanksgiving Day. Detectives noted their small size and the case follows a recent wave of burglaries with over 20 youths under 16 arrested in six weeks. A cache of stolen goods from 836 First Avenue East, including radios and a typewriter, was recovered near the North Western quarry by James Sommers.
Between $40 and $45 in cash was stolen from a safe at McGregor high school around 11 p.m. Sunday. A burglar, believed to have entered through a coal chute into the boiler room, was likely familiar with the building.
A man identifying himself as Robert Seaver, 69, of 1116 Sixth Street SE was found near railroad box cars by the Western roundhouse after 8 am Tuesday. He had a neck wound and shock, blamed domestic troubles, and was listed in fair condition by hospital staff.
Two street department workers traveled on Tuesday to learn the operation of the city’s new snow remover. The council is expected to approve an all night ban in the area so the device can be used effectively.
Unclear OCR text references coffee and Tulane football in New Orleans with jumbled wording. No clear events, dates, or names beyond Tulane and New Orleans. Summary constrained by readable content only.
A three year federal case led to indictments of the Fidelity Investment association, a $600 million insurer, and 13 individuals. Named from the run include Carmi A. Thompson, ex Taft secretary and former U.S. treasurer as president, Howard Sutherland ex West Virginia senator as director, and John Marshall in Washington as board chairman.
Loyal Alumnus 4th, a lightweight Aberdeen Angus shown by Purdue University, was adjudged grand champion steer of the International Livestock Exposition on Tuesday.
A federal jury acquitted 23 defendants on seditious conspiracy charges but found 18 guilty of conspiracy to create insubordination in the armed forces. Among the convicted are Jake Cooper Vincent Carl Suogland Carlos Nan Edward Palmquist Emil Hanson Harry de Boer Clarence Hamel Farrell Dobbs Felix Morrow and Os Cannon, with Cooper noted as a former bodyguard to Leon Trotsky.
Millard Barnett was elected president of the Cedar Rapids Stamp Club at a Monday meeting in the Montrose hotel. Officers chosen included John Arnold as vice president and Gilbert Bar as another officer during the club’s tenth anniversary session.
Fred Wentz, 69, of 357 Eleventh Street SW, suffered a fractured right arm and chest injuries when a scaffold he and Carl Johnson, 853 Shafer Road NE, were on collapsed during chimney work on a new house at Twenty-fifth. Johnson was unhurt. Wentz was in fair condition at Mercy hospital after being transported by ambulance.
The city reports its first interest payment from U. S. government bonds. Walter Miller notes an interest rate of 2 percent on bonds totaling $28,000. The article records the city’s initial return on investment.
The Wilson Company pled guilty to a violation of the food and cosmetic act and was fined 200 dollars plus costs by Judge George C. Scott in Dubuque federal court. The charge involved shipping diseased chickens across state lines from Cedar Rapids to Syracuse in December 1940, with Virgín B. Danforth as lead prosecutor.
Two witnesses, Ross Wetzel and Earl Irey, testified Tuesday as County Attorney Crissman opened the case against A. C. Jordan of Des Moines charged with riotous conduct following the September strike riot at the Wilson produce plant. Wetzel detailed events before and during the riot. defense motions to strike his testimony were overruled. Irey continued testimony as jurors were being selected.
A temporary injunction issued by Judge John Moffit bars the defendants Mr and Mrs Robert Myers and Mr and Mrs Lovell Myers and Ely United from selling mortgaging or disposing of livestock grain or personal property. Plaintiffs seek an accounting of farm income and cancellation of the lease, naming Lovell Myers as co-defendant due to the lease terms upon death. The United State Bank is named as plaintiffs claim junior chattel mortgages to their claims.
Lumir Detert pled not guilty to a drunk driving charge after an accident. The case, noted on Sept. 11, involves Detert and unspecified adjudicative steps.
Two divorce petitions filed in Cedar Rapids involve separate couples. Mrs Atwood seeks 75 dollars a week temporary alimony and title to half the property as war proceeds amid a childless marriage. The other case concerns Anne Reed, married since 1937 in Cedar Rapids, with readings to be confirmed.
No bidders appeared for the tax sale scheduled at the courthouse. Frank Bates, county treasurer, postponed the sale to a later date after noting unpaid taxes on all real property as of December 1.
On the first day plates for 1942 were sold at the treasurer's office 1 014 were issued and 174 more persons had called for plates by closing time leaving a continuing demand.
Dubuque County Attorney E J Kean announced a special session of the grand jury on December 15 to consider evidence in the death of Dan Patch a war veteran whose body was found on Highway 52 near Dubuque on November 12. Investigators have questioned many persons but have not identified the driver of the car or made arrests. no official identification of the vehicle has been issued.
Brief items note chicken and pork prices and an event at First Lutheran on Thursday. An advertisement lists 500 25¢ as part of the promotion.
The Allied Industrial committee for a Green Age Day will convene tonight at 36 at the YMCA with Gerald Byron serving as chairman.
An advertisement notes a dinner church event on Wednesday evening from 6:30 to 7:00. The notice provides timing and venue context for attendees.
Chairman Kathryn Kaufman and her committee will meet in the Red Cross sewing room on Wednesday at 2 a.m. to plan war relief activities and related sewing work.
Reader Emily Williams Davidson will discuss Richard Llewellyn's How Green Was My Valley at Unity Center in Waterloo, at 351 Seventeenth Street SE, Thursday evening.
Cedar Rapids chapter No. 194 of the Order of Ahepa will elect its 1942 officers at a Wednesday evening meeting. Refreshments will be served.
Willis Lamb, basketball coach at Coe College, spoke at the Canopus Club event held Tuesday in the Roosevelt Hotel. The program featured a Coe male quartet selection and a Bob Carmichael solo.
Chief Engineer Joe Suma announced a custodial position exam at McKinley School on December 29. Existing applicants remain on file, and new blanks are available at the board of education building.
Cedar Rapids army recruiting station announced Tuesday that Loren V. Barracks Mo and Jack R. Shock of Anamosa were enlisted into the field artillery. Sergt Robert F. Whitman, in charge, noted Shock was not given a specific camp assignment.
Mrs Mary Alice Evans of St Paul died in a local hospital at 6 15 am Tuesday after a brief illness. Born August 25 1867 in Hamburg Connecticut she lived in St Paul 54 years and was a member of the Eastern Star. She is survived by a daughter Mrs Campbell a son R Orville a sister Mrs Adakin and four brothers. Funeral arrangements and burial details follow with Moon chapel services.
At Beneau County Fair in Missouri this year defense bonds were given as prizes instead of cash. The change shifts rewards toward savings and patriotic funding, replacing immediate money with bond securities for attendees.
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