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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 16, 1942
Page
14
Chicago AP reports lightweight hogs rose Friday with gains up to 27 cents, most advances between 10 and 20 cents, under 240 pounds receiving best support. Cattle receipts around 1,500 with limited demand for common grades, fat lambs steady, and mixed beef and stock cattle activity noted. Grain quotations provided by Lamson Brothers and Co. with regional offices listed.
From Omaha to Des Moines and Mason City, hogs, cattle, and sheep sold steady to higher on moderate demand. Receipts for hogs ranged 1,900 to 4,500 head with per hundredweight bids around 9.75 to 11.25, while cattle saw mixed gains and calves mixed values. Regional yard quotes show hogs 160 to 600 pounds around 9.50 to 10.75, with cattle mostly in the 7.50 to 12.50 range depending on weight and class.
Sioux City market notes show cattle receipts around 300 head with steady to firm pricing on choicer lots and feeders scarce. Hog receipts near 4,500 with good to choice hogs trading mostly 10 to 11 dollars per 100 pounds. sows weaker. Sheep receipts about 2,500 with steady to firm prices on fed lambs and wooly lambs. Austin hog market lists 140 to 150 pound butchers at 9.20 to 9.50, up to 3 hundred pounds at 10.05 to 10.60, sows near 9.70 to 10.00.
Hogs show 2,500 receipts up 150130c with top at 1160 and 400-600 lb hogs around 9.75 to 6.10. Cattle receipts 290 with steer and heifer grades from common to high at 8.00 to 11.00, calves 150 with dealers top 15.50. Sheep receipts 1,500 with fat lambs steady. bulk coat to choice lambs 12.25 to 12.50 and top at 2.58.
Hogs rise on the local market with all grades advancing. Prices show top hogs at 11 035 for long-haul, 149-150 lb Good hogs at 9 57, and various weights ranging up to 10 60 for 170-180 lb hogs. Cattle and sheep listings follow with mixed steers, yearlings, cows, and lambs in differing price bands.
Market items list grain prices for No. 1 and No. 2 wheat and oats, rye, barley, corn, soybeans, and hay. Poultry and live stock rates cover springs, leghorns, heavy birds, ducks, geese, pullets, and capons with varying cents per pound. vegetables and fruits include celery lemons oranges lettuce cranberries onions cabbage potatoes and apples with several price points.
Chicago markets report receipts and prices across poultry butter eggs cheese potatoes. Poultry receipts include 24 trucks with varied Plymouth Rock and hen entries. butter and eggs show steady to firm quotes with class prices for extra firsts and checks. potatoes arrive 121 cars on track with bulk shipments and price ranges across several regional varieties from Idaho Nebraska Colorado Wisconsin and Minnesota.
Receipts show eggs 11.752 firm and mixed colors with various grades. Butter prices steady to higher, creamery quality. cheese receipts firm with unchanged prices. Dressed and live poultry markets mixed with regional variations across western and northwestern regions. Wall Street quotes list numerous stocks and commodities with fluctuating values.
Drying up of bids rather than selling pressure produced a generally downward market Friday. Feeble early rallies faded. blue chips slipped 1 to over 3 points at times with scattered, unconvincing late recoveries. War news neutral. many investors sought sideline positions for weekend caution. Du Pont reached a new 1941 42 low as Union Carbide Allied Chemical United States Steel Bethlehem American Telephone Douglas Aircraft Texas Company Union Pacific J I Case Motors and many rails drifted lower.
Chicago AP reports minor price moves in the grain market as traders weigh higher farm production goals for feed and oil crops. Soybeans rose briefly on potential government purchases but later erased gains, while wheat and rye gained early but closed mixed. corn stayed weak on hedging and government purchases.
The report lists cash grains and field seeds with bid and offer details. Wheat and corn prices shown for May July and No 2 Yellow No 3 White Oats Barley Soybeans and forage seed values include bids and nominal adjustments.
Rail issues and utility bonds held near steady by midday with many gains in Darewater and Hudson refundings rising about a point to 1981-42. Some carriers fell on news while Argentine and Buenos Aires issues edged higher and US government issues softened slightly.
Des Moines AP Note: United States district attorney urged buyers of federal automobile tax stamps to write the car make and motor number on the stamp. Do not print names on the stamp. The ink should be on the non-glue side. A theft of a tax stamp was reported locally and conviction could lead to federal prison.
Monona public library chair leads national defense book campaign and calls for donated books to ship to army camps and bases. Decorah figures join Navy enlistment and defense bond drive chair named in Winneisik county. Marriages reported in Decorah and Manchester with brief details on couples and attendants.
About 35 Linn County assessors met in the courthouse to review homestead exemptions and the Iowa soldiers exemption law. Discharge documents must be recorded with the county recorder before June 1, and only honorable discharges from specified wars qualify. Exemptions vary by war era, with Civil War $3000, Spanish American $1800, and World War II $500.
B D Silliman Linn county defense savings bond sales chairman and Robert O Bickel Cedar Rapids underwriters group chair will attend a Des Moines prelim meeting January 21 to plan defense bond sales. They will meet treasury officials and county representatives to coordinate efforts. A later meeting for all county bond sale chairmen will be scheduled.
Members of the House small business committee backed a plan by J Penfield Sieberling to have the government purchase all tires and tubes in stock to shield independent tire dealers from immediate ruin and rationing effects. Dealers would receive retail prices plus a small storage charge.
Edna Xidakis sues Mike Xidakis in district court claiming cruel and inhuman treatment before his commitment to a state institution in March 1932. She requests restoration of maid Edna Ackerman. They wed on October 15, 1921. Lowden August Freund reelected president of American Trust and Savings Bank for the 29th year with W H Witte as cashier and Arnold Koch as assistant cashier. Olga Schoeper and Hildegard Kroemer are bookkeepers and tellers. Directors include August Freund Ernest Schluter C E Kroemer Conrad Ronald Fred Conrad and W H Witt. Annual report shows deposits up by $189,184.46 from 1940.
Edwin W. Lundquist county clerk is cited as the explosives licensing agent for Linn County under the 1941 act. R. R. Sayers of the federal bureau of mines notes licenses cost 25 cents and cover manufacturers vendors purchasers foremen analysts educators inventors or investigators. He adds disciplined administration can reduce wartime explosion disasters.
Transportation Director Joseph B Eastman announced a new inland waterway transport division in Washington headed by Edward Clemens of St. Louis. He also named Henry F McCarthy as associate director of traffic movement and two section chiefs Samuel Fordyce III and Walter F Bockstahler. Census figures show Pennsylvania population rising to 9 891 709 in 1940 from 9 631 250 in 1930.
Wanted rates and classifications for daily want ads. Special low rates for WOR ads. Weekday closing at noon. Dial 2113 for details and deadlines.
The Gill family thanks Mr Lind man of Cedar Rapids City Lines and all Cedar Rapids Bus Co staff and drivers. They also thank American Legion No. 4 Hanford Post Local Union 638 Rev WS Porter and relatives for kindness during illness and bereavement. Also note a lost German gold pendant dial 2 4007.
A dense classified style ad lists multiple cars and trucks for sale including a 1941 Packard 120 convertible now $1295, 1939 Ford trucks, 1939 Chevrolet coupe, Studebaker six, 1941 Chevrolet coupe, 1934 V-8 coach, 1937 Chrysler Royal Tudor, 1941 Dodge Tudor, 1941 Nodce 1 ton panel truck and others with details on condition, features, and dealer contact locations across Iowa and nearby towns.
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