Financial end market news by Lamson Brothers and Co
Market update furnished by Lamson Brothers and Company via Cedar Rapids office. H R Mowrey manages Cedar Rapids operations from 503 Merchants National Bank building.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 20, 1941
Page
5
Market update furnished by Lamson Brothers and Company via Cedar Rapids office. H R Mowrey manages Cedar Rapids operations from 503 Merchants National Bank building.
Chicago and Midwest cattle and hog markets show steady quotes after a week of declines. Cattle steers and hogs were mostly steady with mixed movements in weights and regions from Omaha Des Moines and St Paul reports.
Receipts show Butter 523629 steady and unchanged Eggs 10370 firmer locally graded extra firsts 34c car 3474c firsts local and cars 34c current receipts 31c dirties 27 3c checks 26c. Potatoes arrivals 102 on track 257 total US shipments 509 supplies moderate demand very light market unsettled offerings light. Idaho russet Burbanks LLC and No 1 $275 280 Nebraska Wyoming Bliss Triumphs 223 412 60 Colorado red McClures 240 245 Minnesota North Dakota Bliss Triumphs 145 62 20 cobbler a $160 Wisconsin Katading 150 1170.
Grain prices list covers Wheat No 1 at 107, No 2 at 105. Oats No 2 white 49 47 cents. Rye No 2. Barley. Corn shelled No 2 yellow 72 cents. Soybeans No 2 yellow 1.54. Live animal and poultry rates include Leghorn fowl and ducks with varied weights and prices. wholesale fruits and vegetables show Colorado celery 3.75 per crate, Lemons 7.00, Oranges 3.00 4.50, Cranberries 4.00 4.50, Onions 1.30 7/1 7 3. Gabbage 2.50, Russets 3.00, Rome apples 2.00, Emperor grapes 2.50, Cauliflower 2.00, Sweet potatoes 1.50. Hides and livestock prices listed. horses No 1 5.23, No 2 4.75.
Wisconsin cheese prices for the week of December 22 to 27 show a range of brands and types traded on the Wisconsin Cheese Exchange. Prices include various cheddar types and related dairy products with regional trading activity in Plymouth.
Wall Street quotations list Abbott Lab to Quaker Oats with many companies named. The page shows bid prices and fractions, including Amn Steel,d etc, reflecting a broad snapshot of market levels across industries and major corporations.
At Annapolis nearly 2000 assembled as Secretary Knox admitted 547 graduates. He told midshipman Isaac Campbell Kidd that his father did not lose his life but gave it, honoring Rear Admiral Isaac C. Kidd killed at Pearl Harbor. Kidd listened, remained composed, and saluted. The ceremony followed a recent tragedy.
Stocks were irregular in moderate turnover with rails leading strength while commodities rose. Tax selling pressured many utilities into activity, steels moved in a narrow range, Bethlehem up, U S Steel down, Jones and Laughlin up over two, Inland down over one as steel firms plan open hearth furnaces on Christmas Day.
In New York the bond market showed a shaky tone with limited price movement after a war impact. Notable gains came from Northern Pacific 4s and American Telephone 3s while Western Union 5s, International Telephone 6s, and Southern Pacific 4 5 28 of 1969 eased slightly.
The market closed with only small gains across grains after a sharp soybean advance failed to spark sustained interest. Wheat rose about 1 percent, oats were steady to fractionally lower, and soybeans gained roughly 3 to 4 cents, with bids near the six-cent limit despite cautious trade and potential lifting of oil ceilings. Figures below show mixed cash grain activity in Chicago and Winnipeg notes, with No. 2 yellow corn around 78 cents and soybeans trading near 166 to 149.
Washington AP Roosevelt wartime labor talks end weekend without a final agreement on a formula to prevent work stoppages. CIO AFL long union shop issue remains, mediation board powers debated. Davis signals renewed talks Monday as staff maintain hope despite deadline miss.
The Vichy government denied any agreement with the United States on Martinique. A Saigon radio under Japanese control echoed the denial, and Germany’s wireless service said it had no official information on the French stance.
Funeral services were held for Wilbur E. Craig at the Baptist church in Aurora after his death on Tuesday. He was born in 1866 in Durant and survived by a wife Sabra and three children. Burial was at Oakland cemetery in Manchester. In Wadena, Marjorie Marie Crandall, infant daughter of Mr. and Mrs. Luther Crandall, died Wednesday. funeral was at the Wadena Presbyterian church with family mourning across four brothers and grandparents.
S Raymond Stevenson, 49, son of Mr and Mrs Harry Stevenson of 960 Ninth Street SW and former Cedar Rapids resident, died December 13 at his Battle Creek Michigan home after a stroke. He is survived by his wife, two sons Harold and Raymond Jr both at home, and brothers Don of Cedar Rapids and Morris of Tucson Arizona.
In Manila a Saturday bulletin says more than 200 civilians were killed or wounded in the Japanese bombing of Hailo on Thursday, detailing the high casualties and ongoing devastation.
Two thousand fifty eight Marion citizens registered for civilian defense Thursday and Friday in the American Legion hall. Anyone unable to register and still wishing to do so may go to the city hall where Miss Mildred Titus, city clerk, is in charge.
John Albert Wild 69 a Linn county farmer died Friday at 3 pm from a heart attack at Eighth avenue and Twelfth street He was born March 9 1872 at a Whittier area farm one of 13 siblings He married Lucy B Cooper in 1901 who died that year and later Ella Burkett in 1903 He survived by wife two children Virginia Mae DeVault and Vernon Ray Wild four sisters two brothers a funeral at Yocom chapel Monday at 2 pm conducted by Rev Arthur W Henke with burial in Oak Shade cemetery Friends may call at Yocom chapel.
Colfax Circle of Grove City Rebekah Lodge No 35 reelected officers at a Christmas party. President Mrs Harry Murphey vice president Mrs Glenn Hempy secretary Mrs Richard Zimmer and treasurer Mrs Howard Caldwell. Members voted to donate 2 to the Red Cross emergency fund and 1 to the Goodfellows fund. A picnic luncheon was served under the direction of Mrs Hugh Hutton Mrs Ivan Mann Mrs Marshall Swayne and Mrs Anna Dettersen to twenty members.
Mrs H G Stitzel entertained the Sorosis club at a Christmas party on Thursday evening at 998 Eighth avenue. Assisting were Mrs A A Hardin and Mrs M W Courtney. Fourteen covers were set at a snowman themed table with a tall white taper and holly. Miss Edna Roberts led the program with a history of Christmas carols and Bethlehem’s observance, followed by Christmas selections and carol singing.
A Christmas program was presented at St Berchmans Seminary with soloists Jerry Churchill Robin Kean James Cooke and others. The orchestra and choir were led by Rev J R Goodman from Lisbon, and Ed Lagerquist learned of his brother Wilbur Lagerquist being killed by a hit and run in Des Moines. Nearby ads note hardware and gifts and a charity drive for Christmas baskets.
A 50-voice Christmas choir from First Presbyterian Church of Chicago will broadcast a sacred concert Sunday from 9 to 10 a.m. on station WGN with Rev. Harold Bowman leading, featuring member Mrs. J. C. Bailie formerly Ruth Neill of Marion.
Baptist Bible School at 9 45 morning worship 10 45 led by Rev Frank K Ward B Y P U 6 30 p m Midweek prayer Wednesday 7 30 St Joseph Catholic Masses 8 and 10 am Christian church services 9 45 Bible school George Brewer superintendent 10 45 worship Heaven's Peace Ambassador Cantata The Holy Infant 7 30 p m Methodist church choir Cantata directed by Mrs La Verna Crew Junior church director Mrs W H Carter Congregational Rev Venard McLaughlin Sunday school 10 am superintendent Mrs Don Torrence Opening
Church notices list morning and evening worships, Sunday schools, and youth activities for multiple denominations. Ministers include Rev McLaughlin, Rev Guy James, Rev A W Henke, Rev C V R DeJong, and Rev Carl E Krog. Cantatas and union services are planned at 10 a.m. midweek prayer, and youth groups meet in parlor spaces.
AP reports General Mills directors declare a regular quarterly dividend of 1.00 per share on common stock payable February 2, 1942 to stockholders of record January 9, 1942 in Minneapolis.
New York: K C Li, president of the Chinese Chamber of Commerce, urged Saturday night that the United States surrender the idea of an American expeditionary force to Japan and permit China to do the land fighting in Asia.
Classified notice style listing multiple lost items and local services. Entries include Lost brown purse near post office, Lost glasses near post office, Lost bag of valuable music near 12th Ave E, and various ads for jewelry, quilting, feather mattresses, printing, and dining local businesses with addresses and contact details. The collage imitates a newspaper want ad page.
Readable fragments show merchants offering stamps albums and coins, car repair and tuning, beauty shops, knitting and sewing, dance events, roller rinks, and home services. Names include Hawkeye Stamp Co, Lyman's Service, Andrew Carburetor Service, Kriz & Son, Lovely Lady Beauty Shop, Paris Academy Beauty School, and Gardner Bus. Addresses and phone numbers appear throughout.
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