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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 16, 1940
Page
6
Chicago and regional price reports show hogs slipping from Wednesday's gains with receipts around 14 000 to 19 000 head. Prices range from 5.30 to 6.40 per cwt for various weights while cattle and sheep also show mixed movements with steady to weaker bids and some higher all-year entries.
Cattle receipts near 2,490 with steady to higher feeder prices and better steer bids. Hogs show 104 to 115 cents early gains with demand from shippers. sheep and lambs softer on springer activity, buyers cautious.
Salable receipts 4,200 total 4,700. Barrows and gilts 10 to 15 cents higher with tops at 67. Heavy hogs 230 to 270 pounds 625? up to 635. 180 to 228 pounds 625 to 635. 280 to 300 pounds 570 to 665. A few heavier cattle quoted dawn to 3 to 5.
Hog prices gain slightly with a 5 cent rise across most grades while top quality hogs bring about 6.40 per hundredweight. Cattle hold steady as hog weights range from 114 to 500 pounds with varied prices by weight and grade.
The Cedar Rapids listing shows grain prices for No 1 Tac Na No 2 tfc oats white No 2 30c No 2 28 Ry Ryr No 2 Barley No 4 4r4se corn shelled yellow 56c No 3 yellow S4er soybeans No 2 yellow Nay, straw and bale prices. Included are wholesale fruits vegetables lemons grapefruit Michigan celery lettuce onions cabbage tomatoes carrots and more. Live stock and hides prices appear with market figures and stock quotes.
The page lists numerous stock quotes from Wall Street firms including Allied Stores, Johns Manville, Kennecott, General Motors, Union Carbide, and more with latest prices. It also shows price highlights for major rail and utility stocks, and a section on bonds and treasury notes with closing figures.
The New York market recovered part of its gloom as steels, motors, aircrafts and specialties rose one to over two points. Early leaders included U Steel Bethle hem Youngstown Sheet Chrysler Douglas Aircraft United Aircraft Sperry U. S. Rubber Montgomery Ward American Telephone Phelps Dodge Anaconda du Pont Philip Morris U. S Gypsum Standard Oil of N. J. Texas Corp. Great Northern.
Chicago futures traded firm as wheat rose 1% to 2 cents, July 74.34 amid light hedging and late buying. Corn slipped after early gains, July at 62 3/4, oats and soybeans moved higher in sympathy with wheat, while rainfall and weather forecasts influenced trade. Local short covering aided early gains, with receipts around 73 cars on track and 19,000 bushels of corn sold by noon. Winnipeg and Kansas City markets followed nearby trends.
Live poultry prices and receipts listed for Chicago markets with varied weights and brands. butter, eggs, and cheese prices described as steady to slightly weaker with mixed quality. New York figures show butter and eggs easing, while cheese remains firm. futures data provided by Samson Woos and Co. Market notes include U S potato shipments and regional price ranges for cobblers and long whites.
The Wheat Wisconsin cheese exchange lists weekly prices for Daisies Commodores and Cheddars with varied cents per pound. The Farmers call board shows small adjustments and several varieties with 14 to 15 cents ranges. Wool market in Boston saw dull trading and weak quotations for western wools with small country lots offered around 38 cents in the grease.
New York bond market sees uneven price trends with many issues up around a point or more by noon. Rails fade from recent buying, while some issues like Delaware and Hudson, Baltimore and Ohio, and Atlantic Coast Line 4s rise slightly. Foreign bonds list Buenos Aires and Argentine issues, with U S Government securities drifting within a narrow range.
Returns from 2 978 precincts nearly all Cuba's polling places show Col. Fulgencio Batista ahead of Dr Ramon Grau San Martin by about 160 000 votes in Sunday's presidential election.
Gilbert Gordon was elected and installed commander of Marion post No. 298, American Legion, with Past Commander Ed Kopp of Hanford post and H. N. Strader assisting. Officers named include Lee Wilson first vice commander and A. R. McElwain adjutant, among others. Delegates named to state conventions at Arnolds Park and Dubuque.
North Twelfth Street residents seek city help to exterminate nesting black birds with morning shooting and dead-bird removal. Council refuses $30 for ammunition but approves contracts for paving projects and pays engineers. Also opens a Cedar Rapids bus depot, buys two lots in Marion, and schedules local club events and church meetings.
Arthur Scott a 50 year old carpenter was injured about 11 am Tuesday when a plank gave way while he walked on the roof at 1298 Fourteenth avenue occupied by the Russell Benedict family He fell about 15 feet and landed on a garden plow He was taken by ambulance to Mercy hospital in Cedar Rapids suffering a deep laceration on the lower back chest pains and severe shock He remained in the hospital.
The board of education met in special session Monday evening and approved the budget. It asked for the same tax total as last year, 69 000 dollars, with 54 000 in the general fund and 15 000 in the school house fund. Janitors were reelected: Fred J. Lang, high school. Archie F. Milner, Lincoln. Lee Brown, Emerson. Elmer Michel, Irving building.
Chief of Police Gene Miller announced a special enforcement drive on Sixth avenue, east Fifth avenue, Tenth street and Central avenue to curb fast driving and hitchhiking violations. The state hitchhiking law will be strictly enforced.
The twentieth annual Iowa and Illinois Tomlinson reunion will be held August 11 at Bever park in Cedar Rapids with all Tomlinsons invited. Jolly Circle Dance Club held its annual family picnic at Ellis park duck pond with many Knapp and Sproston family members in attendance. Kathleen Oxley hosted her Sunday school class and Mrs Q O Kieckhaefer at the Marion Golf club. The Presbyterian Ladies Aid opened with a family picnic at E Manatt residence. twenty five gathered.
Local notices detail Wednesday picnics at Thomas park at 630 pm hosted by the Lat a Lot club and Homebuilders class. Residents and visitors including the Kruger and Bear families attend weddings and family visits in Marion. Community groups schedule luncheons, church class picnics, and softball games at the Marion field over the week.
The board announced the removal of the last of the convicts on Tuesday. McCreery stated that removals were proceeding as fast as possible.
Frank Pettibone of Tiffin played a violin atop an 85 foot courthouse flagpole in Anamosa then began painting it. He was accompanied by his wife who helped with painting. Pettibone had previously coated the pole with aluminum paint two years earlier.
Numerous small ads offer watch cleaning services and new watch promotions. Retailers Vincent's Jewelry and A. Lower advertise jewelry items and diamond sales. Allied Van Lines lists moving services with Calder's Van & Storage as agents. Equipment repair and ornamental iron railings promoted by Kriz Tent, Kullander & Son, and others appear amid moving and ad exchanges.
DES MOINES Iowa Tuesday state board of control chairman Dave McCreery announced the last of the state prison labor had been removed from Toledo and Davenport institutions. The 1939 legislature criticized use of prisoners at juvenile facilities and a senate investigation claimed convicts mingled with children. The interim committee urged action on remaining prisoner placements.
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