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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 01, 1942
Page
5
Chicago and Midwest livestock markets show heavier hog prices as government lend lease purchases boost demand. Hogs 250 pounds and up gain about 10 cents with top at 14.50, while sows rise 10 to 15 cents. lighter hogs steady. Cattle and sheep mixed with calves and stockers steady to firm. grain quotes provided by Lamson Brothers.
In Peoria Illinois hogs sold slow to steady with 10 cent drop. Receipts 5 200 head with top price around 14 253 per ton and bulk 390 550 lb sows about 13 50 21 75. Cattle receipts 450 with medium to good steers and yearlings 11 55 13 00 and calves 250. Pigs steady with 60 undertone noted.
NY market reports show receipts of 38,585 with mixed colors from fancy to extra fancy. Butter prices steady to firmer with creamery grades and scores noted, while cheese prices hold with 2 day receipts and unchanged state whole milk figures. Poultry markets in Chicago show steady to firm values for various hens and broilers, with detailed categorizations by weight and breed.
Market report lists prices for ducks turkeys and chickens with per dozen or per unit costs. Butter eggs and cheese prices shown with receipts and market standings, plus potato prices by variety and regional notes. Produce figures include storage standards and monthly adjustments from Samson Co.
Local market reports show hogs unchanged across all grades with top prices holding at 14.05 for long-haul top. Cattle and sheep values listed by weight and class, including steers, yearlings, cows, bulls, and lambs across various grades, with multiple price ranges noted.
A mixed list of commodity prices from Cedar Rapids including grain No 1 9c No 2 34c rye 60c corn 77c soybeans 1.44 hay and straw prices per bale poultry market with varied grades and prices, wholesale fruits vegetables and other market items, hides and horse-related prices, and pony glue pricing.
The New York bond market showed irregular declines with several offerings up for bid yet scarce. trading favorites slid, while issues like Western Union 5s Standard Oil (N J) 249s and St Paul 54 held firmer at times. Government bonds were quiet with Ives quoted around 44 to 46 as foreign issues moved variably in thin activity.
Davenport and Prairie du Chien areas show river stage changes with minor rises and falls. Cities including Dubuque and Le Claire are referenced amid fluctuating water levels and gage readings, indicating a steady but small movement.
An early rally in Mondays stock market, boosted by hopeful war news, failed to persist. Steels retreated from forenoon gains while rails drifted lower. Modest advances appeared late, with Chrysler and Montgomery Ward at yearly highs along with Allied Chemical, Westinghouse, American Telephone, Sears Roebuck, Anaconda, Dow Chemical and American Airlines. Several issues moved little or edged up marginally. United States Steel, Santa Fe, Boeing and United Aircraft showed weakness.
CHUNGKING says regulars and guerrillas struck the outer defenses of Anking and Hofei in Anhwei as a counter-offensive targets major Japanese bases in central China. A Japanese force of 100,000 was evacuating Kinhwa and Lanchi in Chekiang. Chiang in a British radio broadcast urged more equipment, promising 100 percent results if 10 percent of American production reached China.
Chicago clearings show grains dropping to six month lows as wartime imports tax unsettles markets. Wheat declines to 24% cents, corn to 1% percent, oats and rye slide, soybeans fall, and cash lard prices rise modestly amid mixed commodity activity.
Wisconsin cheese quotations for the week of May 25 to 40 include Twins 20 cents daisy petals 144 cents and cheddar 2044? The wool market in Boston shows trading steady with domestic wool prices. Fine delaines ranged from 118 to 120 dollars for average wools.
Colored motion pictures illustrating tung tree development were discussed at Cedar Rapids Real Estate Board lunch by P. R. Farlow. The session highlighted tung oil kernels used in paints and varnishes, noting the trees’ Chinese usage and profitability.
Mr. Farlow notes tung oil comes from the nonedible suma orange kernels. production surged after China cut supply during wartime. Gulf states grow tung trees well, yielding about 400 pounds of nuts yearly, with first US planting in 1896. He cites Russian dandelion as a potential rubber source and predicts chemists may lead rubber solutions before farmers.
Allied forces announced air raids on three invasion bases in Timor and New Guinea. Dili and Koepang suffered night attacks including the harbor and airdrome areas, while Lae faced dawn raids on the runway and docks with fires started and one enemy plane driven off.
Mrs Katie Jane Mundy aged 87 died Sunday at 11 40 am after a long illness. Born December 27 1854 in Fairview township Jones county she was the daughter of Timothy and Adhelia Starkweather Soper. She married Henry Mundy in 1872. he died in 1931. She lived in Marion since 1918 and was a Baptist. Survived by son Guy of Marion daughter Mrs Delphia Matthiessen of Stone City nine grandchildren 13 great grandchildren and two great great grandchildren. Funeral Tuesday at 2 30 pm at the Methodist church in Viola with Rev C D Bogrie of Springville. Burial Norwich cemetery Martelle. Friends may call at Yocom chapel.
Mrs. Nancy Jane Gamel 66 lifelong Linn county resident died Monday at 6 50 am at the home of her son Norman C Norris northwest of Toddville where she had lived the last two years born January 28 1876 in Linn Grove daughter of George W and Phoebe Mann Rose member of the Presbyterian church survived by son Everett Rose Marion brothers John P Rose and Mrs Jake Warner Dorchester Wisconsin and Mrs Alva Shimbach Neillsville Wisconsin funeral arrangements to be announced later friends may call at the Yocom chapel
Chief of Police Gene Miller reports city complaints about youths using slingshots and air rifles within limits, violators will be arrested under the city ordinance. Marion notices list community meetings and social events including picnics and charity sales at the Masonic temple and Presbyterian Ladies Aid.
Mrs. Hattie May Turner 77 lifelong Marion resident died Sunday at 12:05 p m in a Cedar Rapids hospital. Born October 18 1864 in Marion she lived at 185 Sixth avenue and later 1024 Eighteenth street. She married 1888 to Denton J Turner who died in Chicago in 1907. Funeral Tuesday at 10:30 a m Yocom chapel with Rev. C V R De Jong, burial Oak Shade cemetery.
The Tuesday evening event has been postponed for one week due to the Lions Club dinner at Marion Golf Club.
Cornelius Vander Weyde 81, a retired farmer, died Monday at 1 45 am at the home of Mrs. Florence Conrad in Marion. He was born in Holland and came to America 54 years ago with his wife Catherine Van Sweeden. Funeral services will be held Wednesday at 2 pm at Mrs. Conrad's home, with burial in Oak Shade Cemetery, Rev. Vernon H. Carter officiating.
The text lists visits by Olin Dickey and relatives including Mrs Clem mer, Coast Guard at Ellis Island, to Marion. It notes the Christian church Service class meeting Thursday at 2 pm with Mrs Ben Bulkley. It mentions guests from Rockford Ames Anamosa and Denver moving, plus Joe Dumbalton’s rib fracture from a garden fall.
A clipped page lists lost dogs and items including a female fox hound near Bertram with collar and numbers, a dark blue silk umbrella, a billfold, two diamond rings, and a yellow Angora cat. It also contains advertisements for watch jewelers, leather and fur services, memorials, and numerous help wanted and personal notices in a period style of editorial notices and classifieds.
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