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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 06, 1941
Page
6
Lamson Brothers and company provide financial and market notes on Chicago grain quotations. H R Mowrey manages the Cedar Rapids office located in the Merchants National Bank building, with contact details listed for inquiries.
Livestock prices remained steady during a quiet weekend trading period with steady hog prices as receipts noted only slight changes. Reports from Chicago Saluide and multiple markets show limited gains in cattle and sheep, while hogs held firm amid variable demand and leaner carcass values.
Local hogs remained weak with all grades down. High price ranges for various hog weights, packers, and cattle values listed. Cattle pricing shows mixed gains for yearlings and steers, with cows and calves varying by class. Sheep and lambs priced by weight with multiple quality tiers indicated.
Grain and produce prices listed for Cedar Rapids with items including No. 1 and No. 2 wheat, rye, barley, corn, soybeans, oats, and straw. Poultry, fruits, vegetables, and wholesale hides are detailed with varied weights and prices, reflecting a mixed market report.
US stock and bond markets show mixed moves with the Dow Jones averages closing higher on a flat week. Government bonds in New York edged marginally lower while river stage readings from Davenport to Memphis noted varied changes.
Lieut. Harry O'Neil died Friday when a Douglas medium bomber with RAF markings from a 18-plane squadron crashed on Prune Hill near Camas Washington as bad weather forced a return. The craft narrowly missed nearby houses as O'Neil, a graduate of the Barksdale Louisiana flying school, was from the advanced army unit.
New York reports mixed rally as leaders fail to fully recover with fractional price shifts. Trading shows small net advances and declines after a brisk open, with tax selling driving most two hour volume. Farm implements rise on optimistic next year income forecasts while rails stagnate and oils and motors steady.
Readable items show Abbott Lab, Alaska Juneau, Allied Stores, Johns Manville, Lockheed, Rem Rand, Sears Roebuck, Union Carbide, Gen Motors, General Electric, and many others. The report lists bid prices and percent changes across large sets of industrial stocks and commodities in Saturday quotations from Bennett Co and partners.
Chicago market notes show steady butter receipts at 410107 and 93 score creamery with mixed pricing, while eggs receipts reach 8154 with weak demand for local firsts. Potatoes arrivals remain on track with Idaho russets and other states reporting firmer prices for top quality, alongside futures from Lamson Bros. and Co. to summarize butter, eggs, and potato movements.
Chicago AP reports a four cent drop in soybeans sparked selling that dragged grain futures down, even as demand for cereals remained strong with wheat and oats near four year highs. Colder weather risks freezing fields, affecting corn prospects.
Harvest progress blamed for bean selling while profit taking supported gains in grains. Open Dec May July wheat at Winnipeg with mixed quotes. Chicago cash grain shows No. 2 and No. 3 yellow corn variations, malt barley prices, and soybeans at No. 3 yellow levels. Field seed prices listed. lard futures quoted with loose and belly prices.
Mrs Alvin King, 68, dies at her daughter's Marion home after a two week illness. She was born in New York and moved to Iowa as a girl, married 1905, and leaves husband a daughter and two grandsons. Funeral at St Joseph's with Rev McElliott, burial Oak Shade. Fidelis Circle and Rebekah lodge hold Christmas plans and elections. Building permits issued. locals visit rels in Chicago and Gregory. Community events include church services, picnics, a Fish and Game shoot, and a Christmas program at the Christian church.
Washington senators pressing for transparency on the arsenal of democracies program push to reveal whether a second American expeditionary force is planned. Senator Nye seeks war plans from Secretary Stimson and Secretary Knox and the joint army navy board report on a potential AEF of 5,000,000.
Short collage of want ads note lost items cash rewards and local services from a 20th century newspaper. Mentions include a beagle beaglehound reward for a lost billfold a ringing request for two passengers to share costs to Los Angeles and several shops offering jewelry fur repairs watches printing and hauling services with phone numbers for contact.
A 1937 Oldsmobile Deluxe Tudor reconditioned with green paint and extras, a 1941 Packard 120 convertible coupe with power top and radio, plus numerous used car offers from local dealers. Listings include tractors, trucks, and assorted private owner ads with prices, contact details, and locations across Iowa towns.
Marion church listings show Baptist, Catholic, Congregational, Free Methodist, Methodist, Presbyterian, Lutheran and Seventh Day Church of God services with times for Sunday school at 9 45 a.m. and worship from 10 45 a.m. to 11 a.m. plus midweek prayers and youth activities. A note mentions a new instrument to measure aniseikonia.
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