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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 28, 1941
Page
16
Chicago market notes hogs up 5 to 10 cents amid sharply weakened weekend supply. Receipts show hogs around 3,000 with steady to higher bids. cattle receipts near 1,000 with steady demand and steady to higher loads. Regional quotes from Iowa and Minnesota yards detail varied weights and prices for hogs, cattle, and sheep across multiple markets.
The notebook notes moderate activity with a general softness in weights and prices. Cattle and heifers show slight declines with lighter weights around 186 pounds and offerings near 6 dollars per hundredweight while beef cuts trend weaker.
Salable cattle and sheep receipts mix across classes with steady to higher bids on some cattle. Cows and cutters remain active, steers and heifers scarce but steady, with bulk prices around 800 to 1000 dollars for slaughter stock. Lambs show stronger demand, fat lambs selling above 10 dollars, and feeder weights cited with varied prices.
Local hog prices held steady with no grade changes on Friday as the downward trend halted. Top long haul price remains 7.45, with various hog weights and quality levels listed, while cattle and calf markets show mixed quotes for steers, yearlings, heifers, cows, and bulls. Sheep and lambs report season pricing for light-weight spring lambs and bucks, with values varying by weight and quality.
The Cedar Rapids market lists grain prices for wheat, corn, soybeans, and hay with various grades and prices. Poultry and animal prices follow, including hens, leghorns, geese, hides, calves, and horses, with noting of a full hat included in the listing.
Wisconsin cheese quotations for Feb 24 to Mar 1 show varied prices for Daisies Horns and Cheddars from the Wisconsin Cheese Exchange. In Boston, demand for finer South American wool remains firm with heavy arrivals and limited domestic wool offering, as buyers focus on the new Wool clip.
Futures data appears garbled with references to butter standards for March and November prices and hogs futures. The readable items show March 27.00 and November 28.85 with unclear context and multiple typos. No coherent event or names beyond the supplier.
In heavy trading, stocks edged higher and lower across sectors with mixed closes. Industrials moved modestly, rails and utilities trades totaled sizable volumes as 66 stocks contributed to about 115 300 transactions.
The market opened hesitantly then edged up led by steels with utilities rising late. Foreman gains were trimmed and the close stayed fairly steady. Traders cited Bethlehem Steel strike settlement and the house tax amendments as factors with mixed labor outlook and cautious buying. Major movers included Bethlehem Steel, U S Steel, Woolworth, Douglas Aircraft, Pennsylvania, Anaconda, Eastman Kodak, General Electric and Philip Morris.
Frantic list of stock quotes and prices from Adams Express to Wilson & Co across multiple banks and firms. Includes numbers for Allied Stores American Can Lehigh Valley Anaconda Copper Armour and Co Coca Cola General Electric General Motors IBM and more with a dense catalog format typical of a published stock table.
New York bond review shows corporate bonds edging higher while U.S. government issues waver in thin sessions. Notable gainers included Missouri Kansas Texas 5 of 1963 Frisco 4 12 8 of 1078 Southern Pacific 4 5 5 3 of 1988 and Third Avenue adjustments. Government issues ranged modestly with small shifts and few transfers reported. Foreign dollar loans cooled amid the weak tone.
Chicago wheat futures jump nearly two cents before offerings, aided by moderate demand and talk of farm aid legislation. Wheat gains extend across corn and oats as traders cover shorts, with Winnipeg, Kansas City, and Minneapolis markets following Chicago. Cash wheat prices in Chicago show varied grades, while Minneapolis notes receipts and unchanged cash bids.
UPI reports Chicago market activity with poultry and egg receipts. Poultry shipments show 17 trucks, market steady, White Rock and Plymouth Rock lines listed. eggs: 11,461 cases, steady with various price ranges. cheese: Twins, daisies, and longhorns noted. potatoes arrivals and prices for Idaho russet and other regions, market steady amid liberal supplies.
AP report from New York shows cheese receipts at 10,348 with prices unchanged and eggs receipts at 10,916 with firm prices. Creamery items remain higher than 9 score and premium marks, while various egg grades and shortages are noted with small fluctuations in quoted ranges.
Dr Theodore Hol tey Nickel, longtime director of music at Taubher College, has accepted a post in the music department at Concordia College Lutheran Seminary in St Louis. He came to Taubher in 1928 and led the vocal department, organizing the Schola Cantorum, a men s a cappella choir that toured the United States. He and his family will move after the current school year.
A study shows Ohio hosts 17 of the 46 rubber manufacturing companies in the United States, highlighting the state’s strong rubber industry presence. The data point underscores Ohio’s role in the sector alongside other states.
The will of E D McCartney, executive at Town Windmill and Pump, died at 2044 Grande Avenue SE on February 13. Probate confirms estate over $37,500 with Merchants National Bank and son R E McCartney as trustees to provide income for widow Alberta H McCartney. Executors named without bond. Instrument dated May 3 1937 with codicil October 27 1939.
L A Bottom 40 of 408 M avenue NW was brought to the county jail on a warrant issued by Justice H R Churchill. Deputies Harlan Snyder and Frank Chiamosta escorted him after waiving extradition in Chicago where Bottom was arrested. He allegedly diverted a Powers truck for his own use following a trip to Chicago during which Powers was struck by a car.
Clarence Cook 19 Davenport entered a not guilty plea to larceny of a motor vehicle before Judge H C Ring. Bond set at 1000 dollars. Cook held in county jail after Marion police report him found in a car he allegedly left unlocked on a Marion street. Dale Goodyear reported the incident to Deputy Sheriff P Jo Whittemire. Nellie I Stone administrator named for Eugene M Stone estate, 23 April 1939 death, estate value about 1000 dollars, bond 2500. Judge Ring appoints Merchants National Bank guardian for Theodora A Bromwell, Marion, estate valued 15000, bond 5000. Kathleen Horak of Cedar Rapids names Joseph G Horak as defendant in divorce over cruel treatment. Marriage at Fort Des Moines August 30, 1939.
Defense officials ordered an investigation into a difficult tungsten situation as the metal, a key steel component, may face shortages. Officials say defense orders will be prioritized and steps may be taken if needed. Meanwhile the Office of Production Management announced defense industries will require most high grade aluminum, while scrap aluminum is freed for civilian use to support secondary smelters. A priority was invoked restricting civilian aluminum use and conferences are under way to allocate aluminum to defense plants.
Trophies to be awarded at the sectional basketball tournament in Marion high school gymnasium arrive Friday. The Iowa Athletic Association presents the trophies each year and they will be displayed in the business district during the event week from Wednesday to Saturday.
The Marion Federation of Women’s Clubs will stage a benefit movie at the Marion theater on March 4 from 2 p.m. to midnight to redecorate the library auditorium. Main feature No Time For Comedy stars James Stewart and Rosalind Russell. companion Youth Will Be Served features Jane Withers.
Dr J J Keith left Cedar Rapids Sunday for Camp Claiborne Ia to serve a year with Co H of the 136th medical regiment Iowa national guard. The notes also mention a party for Mary F Elizabeth Starry celebrating her seventeenth birthday and a series of local notices and ads.
Mrs A A Hardin chairs Marion Red Cross volunteer workers as two week period ending March 1 yields extensive sewing output. Navy blue and tweed skirts by NYA girls and various garments including mufflers, baby blankets, dresses, sweaters, and pajamas credited to numerous clubs and individuals. Compliments to Miss Mary Ellen Forbes on spring engagement. Mrs Lester R Boettcher hosts shower for her.
The Farm Equipment Workers Organizing Committee of the CIO called a strike Friday affecting 6,000 workers at International Harvester’s McCormick plant in Chicago. It is the fourth strike currently at Harvester facilities, after weeks of threats.
Peter Mect, former Marion county social welfare director, resigns to join the federal surplus marketing administration. He begins March 10 and will work in Iowa and other states setting up and servicing the food stamp plan. His first assignment spans six counties in east and central Iowa. Mrs Mect and daughter Caroline will stay with Mrs Mect’s mother, Mrs Pauline Nase, for now. J. M. Stephens’s death prompts Floyd Decker and family to return home from Casper, Wyoming. W T Jackson recovers from a heart attack. his daughter Mrs Elmer Nelson visits from Muscatine.
A short local notice lists days attending a convention of Coast to Coast stores. Other items mention Gordon Grocery advertising low prices on bacon eggs and sugar, Mrs. Walter Cleveland visiting Des Moines relatives, Lewis Beitz visiting family in Marion and Alburnett, Fresh dressed chickens at Rope's Market, Cornerstone class planning a church opening, and George Barnaske resuming work as Milwaukee railroad roadmaster after vacation.
Washington reports the German raiders have forced Britain to cut meat rations by one third since January. The agriculture department notes both Britain and Germany rely on price controls and rationing to distribute scarce supplies, with fats meats sugar and tea limited while bread eggs fruits and vegetables face shortages. Domestic production cannot offset food imports.
Vichy France warned Britain may trigger a war by continued seizure of French food ships. Admiral Darlan said Paris does not seek conflict but could change stance if the blockade worsens famine threats. Five French vessels carrying food were reportedly seized in three days.
Henry Kling of 317 Twenty fifth Street Drive SE appeared in police court Friday to pay an overtime parking fine. Judge Harry Johnson offered a tentative luncheon date, Kling noted his wife was involved, and remarked the fine would have to come out of the grocery money. The judge invited Kling to join him for lunch as a light remark.
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