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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 19, 1941
Page
14
Financial notes from Lamson Brothers and Company with R. Mowrey as Cedar Rapids manager at 503 Merchants National Bank building.
Friday trading shows heavy hogs down 10 to 15 cents while lighter hogs are steady to 10 cents lower as dressed pork weakens. Cattle and sheep also soften with large receipts. futures and lend-lease demand contribute to the softer quotations across Chicago markets.
Grain prices list No 1 and No 2 wheats and corn with small variations notes No 3 oats and barley values. Poultry and eggs quotes show weights and different cuts with hens leghorn and duck prices. Fruits vegetables prices include celery lemons oranges and cauliflower. hides and horse prices rounded, with notes on prime and common run.
Far East developments clouded optimism as Japan bomb raids on Manila and British reverses in Hong Kong stirred fresh fears. Trading tempered by losses in some sectors, with steel, copper, rails and aerospace firms showing mixed or modest gains while several major issues hit EMA bottoms.
Chicago reports steady market activity with varied product receipts and prices. Notable figures include Plymouth Rock broilers and Nutters with mixed weights, several washed potato lots, and regional price notes for Idaho Wisconsin and Colorado produce amid moderate demand.
Receipts show 1.58 steady mixed colors for eggs and 386 570 Butter receipts with higher market scores. Cheese receipts at 116 040 firm, dressed poultry mostly steady with regional price ranges for fowls turkeys and hens. Live poultry Easter demand moderate with goslings turkeys and chicks priced across regions.
Prices for cereals drifted in a narrow range as traders awaited Washington price control news. Wheat eased slightly with May futures at 1.2544, December 1.77, while corn and soybeans showed mixed moves amid light dealer activity and hedging shifts.
Chicago Wheat and feed prices shown for the latest market report include No 1 white durum No 2 barley and oats with values around 56.4 per unit and soybeans at 137 and 144 per unit. The document lists RAMSEY Maltine field seeds and various forage and clover prices with wholesaler quotations and indicative quotes.
The New York bond market steadied after early hesitation with Treasury yields around midday as traders weighed recent gains. Analysts noted ranges in government and corporate activity and cited modest volume without a clear breakout, while several sectors showed tentative strength amid broader financial data.
Prices in Boston for wool and cheese markets are reported with urgency. Fine territory wool averages around 1.10 to 1.13 per pound scoured, while other French combing lots bring about 1.08 to 1.08. Foreign wool remains in demand at market prices as per the US Department of Agriculture report released Friday.
Sergi Tous Wass of the 136th medical regiment at Camp Claiborne leaves Sunday after a nine day furlough at his father Chaney Haws 72F avenue NW and his brother Paul Hass 3066 Hiechth avenue SW. Stanley T. Johnson charged with operating a 6 meter vehicle while intoxicated had a preliminary hearing before Judge Churchill. bond set at 1000 dollars. Mrs Vera Howland suffered a stroke at a downtown cafeteria and was taken home by ambulance with daughter-in-law Mrs Ralph W. Howland. Alice Miner, 34, of 1243 Twenty-First street SW, elected to serve jail days for disturbing the peace by fighting in a local tavern rather than pay a 25 dollar fine. Porter Reed, 44, charged with the same offense, pled not guilty. case continued. L. Adams of the Chamber of Commerce attends an Interstate Commerce Commission hearing in Davenport on Bee Line Transit Company to extend bus service to Savanna. The Hedges company hosts its annual Christmas breakfast for employees at Wurster's Tea Room with 19 in attendance for gift exchange and songs.
The National Refining company announced a Christmas bonus for 1941 employees. Those with the company all year receive a $25 defense bond, new hires get defense savings stamps, and staff who left for military service share the bonus plus an additional gift. R. K. Sandercock serves as local manager.
By 2 15 pm Friday 3207 blanks had been filled for civilian defense work with 3257 awaiting completion. Edward E Lowe said the figures cover only part of expected data and supplies were distributed to banks stores and offices for collecting forms. Registration continues through Saturdays in county towns and blanks remain at the Labor temple for craftsmen.
In a Mediterranean action off Kelibia near Cape Ben, British and Dutch forces sank three Italian cruisers and destroyed transports. About 3,000 Italian sailors were killed or missing, with many rescued or treated for burns along the Tunisian coast. The British admiralty reported two related engagements involving destroyers and a submarine.
Petitions for divorce and custody were filed in the Januy term week, with Florence Sherman Everhart seeking divorce from Kenneth Everhart and custody of a minor adopted by him. Lotter Taylor seeks divorce from GEO Taylor with alimony and property division. Delos LeRoy Seaton seeks divorce from Dora Lee Seaton with custody of a child. John W S Gossett also files for divorce from Gertrude Gossett.
James W Bailey was granted an annulment from Esther M Bailey by Judge G Thompson in district court this day. His petition claimed the marriage resulted from the defendant's fraud. They wed June 24 in Manchester and the decree restores the defendant's maiden name Esther Ankney.
Named guardian Joh Wo Keller, father of the defendant, was appointed guardian of Forrest Keller's property by Judge GK Thompson in district court Friday. The defendant was committed by the Linn County insane commission to Independence State Hospital as an inebriate Thursday but paroled to David Bleakley who planned to appeal the commission's decision. Bend for the guardian was set at $1,000.
Judge JE Heiserman denied Ola H Myers petition for $5,000 against Bertha O Blinks and The People's Savings Bank as executors of the Roscoe B Blinks estate. Myers alleged an oral contract for a half interest in an invented corn planter and claimed partnership rights and authority to sell the planter model.
Owen W Howard files in district court for 57285 against Cecil Frimml alleging his negligence caused a July 8 auto collision at Second Street and Second Avenue SW that forced Mrs Howard’s car into a parked Koutny vehicle. The petition adds 150 for the Koutny car repairs.
The annual St Berchmans school Christmas dinner drew about fifty boys with Rev Good man and Rev Breitbach in attendance Santa visited with gifts and Mickey Downing, age two, joined as a guest. Most boys return home for holidays. classes resume Jan. 5. Community clubs hosted Christmas parties, gifts exchanged, and Red Cross donations planned. Numerous ads and notices reflect holiday activities and local engagements.
A group met at LTlelete biel’s home for an evening hosted by the Junior department of the Methodist Sunday school. Attendees included numerous local figures such as Anne Mooluie Huth Hanscom Helene boarie Cale McGowan and Travis ound, with plans for refreshments and a time of socializing after the program led by Arthur Wo Henke.
A federal grand jury charged four packing companies with conspiring to fix hog prices and restrain competition in Iowa and Nebraska. The alleged scheme involved pooling purchases and steering business to favored buyers, harming hog producers by keeping prices above open market levels. Individuals named, including J Y Kunkel and Robos Ottunuva, were listed among defendants and witnesses. The case centers on price manipulation and market division across packing and purchasing points.
State Department officials denied reports of a suspension involving Hull Flags Patrol. No credible confirmation has emerged amid rumors tied to aid negotiations and internal disagreements affecting personnel.
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