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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 15, 1941
Page
12
Chicago and Sioux City livestock markets report higher bids as light weights gain 15 to 25 cents per cwt driven by shipping demand. Hog prices firm with top around 11.50 for some weights. cattle and sheep also show gains, with mixed but generally firm to higher quotes across fat and feeder categories.
Iowa hog prices show gains with cuts up to 50 cents, heavy sausage offerings high. Des Moines receipts at 56,000 hogs in 48 hours with mixed bids. Ottumwa and Mason City markets report 10-20 cent rises and varied weights. Peoria notes mostly steady to lower at 210 lb hogs and sow activity. cattle and lambs also quoted with steady to higher ranges.
Local hog prices rose on Monday with all grades advancing 15 cents. The long-haul no-fill top reached $10.60, lifting overall market levels.
Prices for the week of December 15 to 20 list Twins at 23 4c and cheddars at 22 44c. In the wool market Boston reports stronger demand for foreign wools with Australian wool prices 4 to 6 cents a pound higher on a secured basis due to war costs. Domestic sales were small and for immediate use while prices were firm to higher overall. Government bonds in New York closed with spreads and rates reflecting treasury and farm mortgage activity.
New York trading opened with gains in steels, aircrafts, rails and armaments while motors, rubbers and mail orders lagged. Downticks sent U S Steel and several majors to year’s lows. overall turnover about 1.1 million shares as bonds remained steady.
A dense listing of stock quotes from New York and Chicago markets includes Abbott Laboratories Adams Express Alaska Juneau Electrics and many more. Major names such as Lockheed General Electric General Motors IBM and Union Carbide appear alongside railroads and consumer firms with prices and percentage changes for the period.
Grain prices list No 1 wheat 1.07, No 2 1.05. oats 0.46, rye 0.60, barley 0.25, corn shelled 0.69, soybeans 1.42. hay and straw baled tame 13.00, straw 10 31.00. Poultry prices vary by weight. eggs at 0.31 and 0.28. Fruits and vegetables include Colorado celery 3.76 crate, lemons 7.00, oranges 3.00 to 74.50, lettuce 5.50, cranberries 4.00 to 4.50, onions 1.20 to 6, cabbage 2.50, potatoes 1.75, radish 3.00, Jonathan apples 2.00, Emperor grapes 2.50, cauliflower 2.00, sweet potatoes 1.50. Hides and furs: cured hides 12c, 10c to 14c, horse 5.25 or 4.75, various grade notes included.
Carol Ann Heater, named after the blackout event era, was born Saturday night to Mrs John Heater during an area rehearsal at Doctor's Hospital. The baby is reported to be thriving as of Monday.
Soybean futures dropped six cents Monday, derailing a cereal rally as wheat and other grains posted mixed moves. The drop followed a sharp soybean oil decline after fats and oils ceilings were set late Friday, with beans marking a second consecutive limit tumble. Prices shown include December soybeans down to 6 cents and various shifts across wheat, corn, oats, rye, and lard.
Chicago cash provisions show No. 3 wheat at 61.25, No. 2 yellow corn around 77 cents, oats mixed 55 cents, barley 73 percent yield, and soybeans No. 2 yellow at about 16.5 dollars. Winnipeg market notes include December wheat openings and July futures with varied bids. Price ranges reflect wide commodity activity across grains and field seeds.
The New York Produce Exchange suspended cottonseed oil and soybean oil futures trading on Monday until further notice. Saturday saw 15 minutes of trading at arbitrarily fixed prices, about a cent a pound from the previous close, to align with OPA ceilings for fats and oils. Open December delivery contracts remain in status quo pending action.
New York reports two day receipts across butter eggs dressed poultry and live poultry with prices and grades. Chicago market shows heavy hens leg horn and other poultry prices and varied weights for regional sales and future deliveries.
Capons seven pounds and up at 22 cents per pound, under seven at 22 cents, capon slips 17 percent. Butter receipts 673,361 lbs, market steady. egg receipts 5,074 cases, market easy with extra firsts 37 cents and firsts 35 to 36 cents. Potatoes arrivals 188, on track 296, total 803. various Idaho, Nebraska, Colorado, Minnesota prices listed. produce futures show storage and eggs through January.
William I Kascht filed for divorce from Sarah J Krascht in district court claiming alimony and division of about 1900 in personal property. Judge C J Haas granted injunction preventing disposal of property or money withdrawal and issued a 2000 writ of attachment. The couple wed in Dubuque on November 25 1939 and seek divorce on cruel and inhuman treatment.
The district court overruled a new trial motion for Edward Dennis who was convicted of drunk driving on November 26 and fined 500 dollars plus costs with the mittimus stayed until December 27. Samuel Orr pleaded guilty and was fined 300 dollars with installments allowed. Sheriff James Smith attended Iowa State Safety council meetings in Ames and a sheriffs convention in Des Moines. Dorothy Sherman was granted sole title to a Belmont Park lot, despite a prior misnaming involving her husband. R L Tharp was jailed in Benton county on a bogus check charge after arrest by Deputy Whittemore. Ed Pagels filed suit for 158 dollars against E C Fink based on a 1931 note.
First Lieut. Maurice M. Miller a former Coe college football player was killed in an Army Air Corps plane crash between Miami Florida and Porto Rico on December 4 He was with the Tenth bombing squadron at Borinquen field Porto Rico Miller attended Coe three years before entering the U S Military Academy where he graduated He belonged to Chi Beta Phi and Clan of C organizations at Coe.
Postmaster General announces continental Europe cannot receive mail from the United States or possessions. Exclusions include Gibraltar Portugal Spain Sweden Switzerland Turkey Russia and unoccupied France. German and Italian controlled regions also barred under the bulletin issued Monday.
Postal supervisor R T Lubbock warned Monday that mail cancellations are only 3000 above average, risking a last minute Christmas package surge unless Cedar Rapids residents act now.
A dense ad catalog lists want ad rates and conditions, including phone acceptance limits for Cedar Rapids residents, price tiers by word count and consecutive days, minimum two-line ads, and various merchants offering jewelry, cameras, portraits, loans, cleaning services, printing, and other goods. It includes service notes urging reference exchanges for transportation ads and party social gathering ads, plus contact details for Katz Jewelry, Baldridge Studio, Siegel's, Iowa Camera Shop, and several others.
The roster of Cedar Rapids men serving with the U S navy in the Pacific adds Don Hall Frank Frayman Albert Duane Clark Frank Divis C A Cramer Jr Sergt Scott E O Neal son of Mrs William Cochran 909 Tenth avenue SW serving with the army at Fort Mills P I
London dispatch states rumors of a Japanese raid or landings in British North Borneo are false. Reuters filed from Sandakan in Celebes on Monday denying any invasion activity.
A dense ad page listing FE and Ford sedans and coupes with overdrive radios heaters and whitewall tires. Various dealers advertise new and used vehicles including Packard 1941 Clipper and 1940 Ford sedan plus DeSoto Chrysler and Chevrolet models with prices and contact numbers. Also noted are used truck bodies and service offerings from local firms.
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