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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 03, 1940
Page
4
Chicago reports ample receipts and mixed trading with hogs down about 15 to 20 cents and cattle mixed as buyers assess supply. Des Moines, Omaha, and Sioux City show slower starts with hogs generally lower and cattle steady to lower, while calves and feeders attract limited demand amid abundant supply.
Hogs steady to 20 cents lower with salable receipts around 9 500 head and prices about 5.05 for shipper grade. Cattle and calves. Receipts 550 calves 350. cows steady to 10 cents lower. steers and heifers weak with bids down about 20 cents. Sheep and springers show little change as trading remains cautious.
Hog prices resumed a downward trend on Monday with all grades falling 15 cents in the local market. The top price is listed at 495 dollars, with lop calves around 00, other figures vary by weight and quantity. Genuine spring lambs range 70 to 90 dollars, about a dollar lower for other quality lots.
The Cedar Rafids poultry and wholesale fruit prices are listed with grain figures. Prices cover wheat, oats, rye, barley, corn, sourbeans, straw, poultry hens and roosters, lemons oranges grapefruit lettuce onions cabbage tomatoes carrots cauliflower and new potatoes, with varying unit costs. Hides and horse prices are also quoted, including several grade distinctions.
Dairy prices for June 3 to 8 show cheddar at 12 to 13 cents, swiss at 13 to 13!4 cents, and Parmesan around 13 to 14 cents. Wool markets in Boston show improved sentiment with higher asking prices for bright country packed fleece, French combing and western wools priced above 80 cents in grease or scoured terms.
A German American wrestler in Montreal was arrested by the Royal Canadian Mounted Police under defense of Canada regulations. Police gave no name but say he boasted of fifth column ties and warned Roosevelt might “not live a day” if the United States intervened in the war.
Stocks drifted lower in dull trade as war news drifted to bearish views. Major movers included U S Steel Bethlehem Chrysler General Motors Douglas Aircraft Consolidated Aircraft Sears Roebuck Phelps Dodge Dow Chemical Du Pont Union Carbide Texas Corp Phillips Petroleum and Philip Morris.
Wall Street stock quotations list Adams Express, Indus Rayon, Alaska Juneau, Allied Chem, Amn T & T, Coca Cola, General Electric and many others with a broad mix of prices and percentages. The page shows intraday figures, closing levels, and a snapshot of market activity across numerous industries and firms.
New York bond desk reports a cautious session with Treasury issues inching up or down in small fractions. Federal Farm mortgage bonds held near firm levels while foreign issues rose on news from war fronts. domestic issues showed limited gains and notable losses for Baltimore and Ohio converts and Northwestern 49 45 issues.
London based British broadcasting company denied a New York rumor that it aired a report claiming an entire German division had been wiped out near Rethel.
Seven hundred suspected fifth columnists seized in a weekend roundup were moved Monday to internment camps in both upper and lower Egypt as security forces intensified crackdowns.
Wheat futures eased on the Chicago board with late buying erasing earlier losses while corn gained strength. Wheat finished steady to 44 cents higher, July bids around 821 to 82 a bushel. corn rose 1 to 1 1/2 cents, July near 63 1/2. soybeans unchanged. Market quiet with light offerings in corn and limited activity across grains in Chicago and Minneapolis.
Market notes from Chicago dated Nov 26 include butter and egg price standings with various scores and containers. Poultry and turkey figures list live hens, broilers, ducks, and toms with price ranges by weight. Potatoes, carrots, and cheese receipts and storage notes accompany U.S. market positions and regional quotes.
Paul Kaminsky eleven year old son of Mr and Mrs Frank Kaminsky of Rock Island and former Cedar Rapids residents drowned Sunday in the Rock river near his home. He vanished after the inflatable rubber inner tube collapsed while learning to swim. His father made vain rescue attempts as three younger sisters Janet Shirley and Evelyn watched. Funeral services will be held Wednesday afternoon in Rock Island.
William Barbour, Mason City's championship basketball star, won the Hawkeye Boys' State governor election at Camp Dodge on the nationalist ticket, defeating Cedar Rapids candidate Wilbur Collister by about two to one. Frank Darrow of Dubuque won lieutenant governor against Harold Schricker of Davenport.
Funeral services are set for Arlene Ruth Hunter 12 who died at home after a streptococcal throat infection. She was daughter of Lloyd and Mrs Ada Hunter, active Morley residents. she played in the seventh grade and belonged to the Morley concert and marching bands. Burial at Center Cemetery near Morley.
Frances Perkins urged removing racketeers communists and fifth columnists from American labor at the International Ladies Garment Workers' Union convention. She warned public opinion would condemn any labor management disputes that slow defense production. The union earlier moved to purge Canadian locals of communists and sympathizers. A near unanimous convention vote also called a joint congressional probe into the communist party and other secret movements including the Ku Klux Klan German American Bund and Father Coughlin followers.
A Cedar Rapids Federation of Labor resolution urging discouragement of job holding by women whose husbands can support the family was referred for study. The council acknowledged May police division receipts totaling 1330.05 with fines 883, court fees 42150, marshal fees 19.55, meals 6. The civil division turned over 715 in fees. Petitions seeking oiling of Sixth Street NW, Eighteenth Avenue SW and First Street SW were filed by the council.
Governor Herbert Lehman ordered 500 members of the national guard and naval militia into active service to guard the state armories arsenals camps and military equipment. He described the move as a precautionary measure to protect armories and equipment.
Federal officials said all 48 state governors were notified of their duty to protect armories and equipment from sabotage or theft by subversive groups. New York is viewed as more at risk, though federal power hinges on state requests.
The Quaker Oats company asks the city to vacate 25 feet of the east side of Third Street NE from B Avenue north to the alley to create an unloading zone for grain trucks. The plan commission will review with drainage and pavement reconstruction implications noted by City Engineer Frank Young.
Dies announced that after presenting all fifth column evidence to the Dies committee, which is short of staff, the information will be sent to the President the FBI or any suitable government agency. Secretary Ickes urged employees to disclose membership in any party or organization seeking to overthrow the constitutional form of government under the Hatch Act.
A jumble of old classified items shows ads for dancing at the Green Lantern Tavern and Roller Rink, steak dinners and cafe offerings, Want Ads, ambulance and moving services, lawn care and home repair. It lists providers such as Allied Van Lines, Lynch Transfer, Kul llander & Son, Vincent's Jewelry, Suttera & Co, and Drew's, with numerous trades from sodding and roofing to painting and tree work. The page reflects a busy midcentury small-town classifieds scene with varied promotions and contact lines.
Old established manufacturer seeks male salesman to call on merchants schools and industries both in town and rural territory Earn liberal commissions and $45 weekly plus potential Write Box F-158 Gazette. Also garage sales notes and other help ads appear, including pressers waitresses and delivery roles, with some requiring references and age.
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