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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 01, 1940
Page
4
Unofficial Chicago estimates show hogs around 15.60 per cwt with mixed tone on cattle. Steers held near week-ago levels while cows and heifers stayed steady. fresh supply pressured prices though gains remained modest in the Wednesday market.
Receipts show hogs steady to firm with mixed prices across regions led by Illinois and Iowa markets. Cattle and calves remain uneven but generally steady to modestly lower on light offerings. heavy cow and feeder activity continues, with spring lambs and sheep showing strength in some centers.
HOGS Salable receipts 50 to 1000 head with barrows and gilts trading steady to higher. Sows steady, feeder pigs scarce, prices vary by weight, with top bids around 5.40 to 5.50 for midweights and lighter lambs around 9.75 to 10.25 for spring types. AUSTIN market reports detailed price bands for各 weight classes and sows.
Market reports show hogs weaker with calf prices around 3.00 and medium grades at 59.00 to 70.00 in local listings. Lambs and other stock priced by weight and quality, with genuine spring lambs noted.
The New York market faced ongoing war doubt as buyers stayed cautious on Saturday with many leading issues slipping slightly. Transfers for two hours neared 300000 shares the smallest since early May. Traders feared an Italian entry with Nazi alignment could trigger a fresh shock. gains were limited and several big U S stocks showed only modest moves.
Grain prices for No 1 Wheat 83c No 2 oats 33c No 2 Rye 40c Corn shelled No 2 yellow 55c No 3 yellow 53c Soybeans No 2 yellow price unknown Straw bids 7.50 to 6.00 Produce prices list fruit vegetables lemons oranges 3.25 to 12.75 celery 21 stalks lettuce 4.50 onions 2.25 cabbage 3.275 tomatoes 1.00 carrots 3.25 strawberries 2.2562.38 hides and animal prices listed including beef, calves, kip, horses and mare prices.
The Chicago market note shows steady butter receipts and mixed egg and potato trading. Prices for creamery butter run around 89 to 24 cents, eggs at 34 448 and various firsts, while potatoes report 111 on track and total shipments at 1 037 with fair demand and lower prices. California and US No 1 and washed/unwashed listings appear with ranges from 2.50 to 2.70 per cwt and per unit marks, reflecting varied regional supplies.
Wisconsin cheese exchange reports prices for various varieties including Twins 13c and daisies 13 20, with commodores and cheddars around 13c. Boston wool market shows slow activity with U.S. Agriculture data noting largely steady or slightly lower prices for graded wools while grease basis remains unchanged.
The Chicago wheat market edged higher by up to 15 cents with July at 0.82 to .817, while corn gained 1 to 2 cents and oats rose modestly. Soybeans held steady. Winnipeg wheat led gains, tempering later gains as winter crop reports remained favorable and a private production estimate exceeded government forecasts.
Chicago cash wheat shows no sales with bids around W638 and No 2 yellow values. Minneapolis receipts 237 cars, No 1 heavy dark northern wheat at 84 1/2 cents, No 1 hard Montana protein 11 percent at 86 percent, No 3 dark hard winter 2 cents. Corn No 3 yellow at 57 4/4 to 58 4/4 cents, oats No 3 white 32 5/8 to 34 7/8 cents, barley malting around 54 9/7 cents with 65 cents nominal.
The New York bond market moved unevenly on Saturday with muddy price currents. German and Belgian loans rose while Canadian, Japanese, and Italian bonds declined. U S government trades slowed as dealers weighed new financial challenges. Chesapeake and Ohio 3s and Canadian Pacific Perpetual 4s traded higher, while International Telephone 5s and Commonwealth Edison 3s fell.
Washington reports reliable information that the Soviet Union would move into the Balkans if Moscow's interests there are threatened by Italy or Germany. Stalin reportedly resists Hitler and Mussolini's attempts to control the region, with estimates placing over 3 million armed, including 600,000 in the Far East and the rest along the Romanian frontier.
The 35000-ton Washington battleship, largest new capital ship since 1921, slid into the Delaware river at the Philadelphia navy yard before about 30000 spectators. The $65000000 hull, christened by Virginia Marshall, signals a naval preparedness renaissance amid wartime restrictions and features nine 16 inch guns.
Robert Simpson Oxley age 83 longtime Marion township farmer died Friday evening at his home 880 Fourteenth Street He was born August 4 1856 in Marion township married Elizabeth Ellen Forover October 13 1880 They lived on farms near Mount Vernon and Martin's Creek before retiring in 1907 Survivors include daughters Mrs Harry Horn Mount Vernon and Mrs Glenn O Pyle Hollywood Florida son Harrison B Oxley Marion eight grandchildren and three great grandchildren A granddaughter Gladys Beach Schenken Marion reared in the Oxley home Funeral arrangements pending with Yocom chapel and word from Florida relatives.
The Marion Choral club directed by Miss Grace Meloney gave its final concert of the season in the Presbyterian church Friday evening. Mrs. Lloyd Stark was accompanist with Mrs Fern Waffle Thomas and Miss June De Wees assisting.
The United States will launch the first new battleship in 19 years as the Navy speeds to complete 68 fighting ships ahead of schedule. The ceremony marks a milestone in naval modernization and readiness.
Bob Boyanovsky Duane Nollsch Duane Barnhart Eugene Stick and Jack Ray Butler depart Marion Saturday morning to represent Marion at Hawkeye Boys state at Camp Dodge. They are sponsored by Marion Post 298 with support from Mr and Mrs Carl Wightman of Perry. Memorial day visitors and local ads noted in the rest of the item.
The weekly church listings show service times and pastors for Marion area churches including Baptist Rev L W Inman Evangelistic campaign starting Sunday with four Chicago evangelists lasting two weeks. Catholic mass at St Josephs at 8 and 10 am. Christian Rev Vernon H Carter 9:45 am Bible school 10:45 am morning worship with baptismal service. Congregational Rev C G Ellinger 9:45 am church school 11 am worship and 6:30 pm Pilgrim Highroaders. Free Methodist Rev Herbert Livingston 9:45 am Sunday school with 10:45 am and 7:45 pm preaching. Y M C A meets 7 pm. Methodist Rev Arthur W Henke 9:45 am church school. 11 am worship bank offering for Women’s Home Missionary Society. Cedar Falls speaker Mrs Earl A Baker. Presbyterian Rev C V R De Jong 9:45 am Sunday school. 10:55 am worship with sermon A Fine Animal. St Pauls Evangelical Lutheran Rev Carl E Krog 9:30 am Sunday school and Bible study. 10:30 am worship mission Sunday with guest Rev Albert Bostelman. Seventh Day Church of God Sabbath school 10:30 am preaching 11:30 am. Prairie Chapel Rev J B Clyde 10 am Sunday school 11 am worship Epworth League 7:30 pm. Alburnett Methodist Rev J B Clyde 9:30 am Sunday school 10 am worship.
Immaculate Conception and St Wenceslaus high schools graduate 31 and 12 seniors with diplomas at 9 30 am and 8 am services. St Patrick's High School hosts 29 graduates Wednesday night. Commencement addresses by Rev E A Fitzgerald and Rev Maurice A Mullan. Honors awarded by Msgrs Molloy Lenihan and Vojacek.
Troop 17 led by Scoutmaster Dan Shomle won first honors in advancement at the May Cedar Rapids area Boy Scout court of honor held Friday evening at McKinley School. Host troop was Troop 13 sponsored by Hanford Post American Legion led by Scoutmaster Keith Tow. Eagle Scout James Barry of Troop 27 was named. Attendance reached about 200 with awards given by a long list of officers and leaders.
The work of Coe College drawing and painting students in Prof Marvin D. Cone classes is displayed in the Stewart Memorial library second floor gallery in connection with the fifty ninth annual commencement. Only pieces by current students are shown. The library will be open all day Monday.
Readers and advertisers are urged to exchange references for automobile transportation. The Gazette offers a twenty five dollar reward for information leading to the arrest and conviction of anyone defrauding readers through want ads. Various ads for jewelry repairs watches and watch repairs promotions transfer services home cleaning and painting and insurance are listed with contact phone numbers and locations.
Nevada Senator Key Pittman told the Montana School of Mines that Allied victory hinges on Britain and France holding out for 30 days. He said Hitler’s time-won’t-lose strategy appears to be succeeding as Allies face a delaying war against Germany.
Hundreds of Spanish university students marched through Madrid shouting Gibraltar for Spain while carrying flags during a Saturday demonstration.
Betty Sinclair English film star and husband George Yared Egyptian producer announce plans to apply for American citizenship on arrival in Hollywood aboard the Exeter.
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