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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 05, 1940
Page
10
Cattle and hog markets drift with uneven demand as prices ease for some classes. Reports from Chicago, Mason City, Des Moines, and Omaha note lighter sales, steady to lower bids, and mixed quotes for steers, cows, heifers, and hogs alongside regional price differentials.
Receipts at Peoria IL show hogs uneven, weights over 190 lb lower, top 53.50 for 190 240 lb. cattle steady to weak with steers and heifers around 9.50. Sheep receipts 190 with spring lambs bringing up to 11.00 and ewes to 3.50. Idaho springers above 1100 fat ewes steady near 53.23, light imports noted.
Local market reports show hog prices weaker with low bids and varied quality. Spring lambs remain steady with prices around 70 to 90 cents per pound. reported figures include bucks at $9.00 and other quotes trading about $1 less per unit depending on quality.
Market notes list prices for wheat, oats, rye, barley, corn, soybeans and hay with quantities and grades. It also covers poultry, wholesale fruits and vegetables, and hides, with assorted animal prices and pony details.
New York bond traders kept prices close to Tuesday values on Wednesday as muted activity dominated, with specialties the sole mover. European war coverage reduced foreign dollar demand while German 7s and Australian 4 7s saw price drops and issues like International Mercantile Marine rose modestly. Government securities showed limited variation as Treasury notes hovered with narrow ranges.
Wisconsin cheese prices for June 3 to 8 show daisies 13 ½ cents and cheddars 13 cents while farm market entries list daisies 13 ½ cents commodores 4 cents horns 13 ¾ cents cheddars 13 cents. Boston wool prices show strengthening with country-packed wools at around 80 to 85 cents and higher grease prices, with demand linked to three-eighths and quarter-blood varieties. Residents of Murphy North Carolina are noted as being closer to six state capitals than to Raleigh.
In New York, cover shorts helped steady a slipping market but the late rally did not lift war battered shares. Motors, aircraft, steels and other key issues rose one or two points from session lows though losses persisted. About 700000 shares traded as U S Steel Bethlehem Youngstown American Can and other majors fell under pressure.
A lengthy list of stocks and prices from Adams Express to Zenith Radio appears, with numerous financial names and figures across banks, companies, and producers. The compilation includes quotes for Amn Can, Johns Manville, Procter Gamble, Coca Cola, General Electric, and many others, reflecting the day’s market activity and listed values.
Wheat futures sagged to minimum levels on the Chicago board of trade as July contracts closed 14% to 17% cents below the peg. Corn rose late, soybeans unchanged, oats and rye mixed near peg levels with light export interest and boarding at noon.
Winnipeg market reports show wheat close near open and prices for oats barley lard bellies and other commodities. Minneapolis cash grain quotations list No 1 heavy dark northern and hard amber varieties with multiple minor grades and corresponding prices.
Chicago market notes show live poultry receipts and prices with Plymouth Rock and other hens, butter and eggs steady, potatoes arrivals and prices, and regional quotes for Idaho, Louisiana, and Alabama varieties. New York and Brooklyn areas report mixed eggs, steady butter, and cheese prices, with futures and Dow Jones averages included.
Mount Hermon lodge No. 263 A F and A M meets Thursday at 730 p m at Masonic hall with refreshments. James Daubney and LaVerne Tracy lead the 730 service at Sunshine Mission. Jane Boyd House Service Club holds 730 p m business meeting. Townsend club No 6 meets in Memorial building superior court room at 730 p m with music and speaking. Dr W Craig Tenney attends Kirksville college course this week. Mrs Lyle Vernon and daughter Judith Ann to return home from hospital. Kiwanis luncheon features film on fire resistant materials appliances and wires at Underwriters laboratories. Michael LeVelle 60 of 317 A avenue NW sustains broken leg from fall on loading platform at Tenth ave and Eleventh st.
SW while working for the Cedar Rapids and Iowa City railway. He was taken to St. Luke's hospital by the Ambulance Service. Mr and Mrs Emmett T. Cow ard of Searcy Ark. have returned to their home from Cedar Rapids after a brief visit with their son Raymond Coward 353 Park Ter race SE. Paul J. Snyder and Howard O Hinrichs were enlisted in the navy at Des Moines through the Cedar Rapids recruiting station amid a state quota of 35 to be enlisted the week of June 18 with four men allotted locally.
Leo German, 33, a transient arrested for the fiftieth time Monday, was released on his promise to depart the town by Tuesday, under order of Chief of Detectives Earl Stanley. A local resident with the same name, 32, lives at 214 Fourth Avenue SW.
The Waltonian luncheon club meets Thursday at noon in the Lafayette cafe. Col O W Mull will discuss War Conditions in Germany. Plans include an ice cream and cake social and participation in the Cedar Rapids Safety parade on June 15.
A noon Wednesday auto crash at Eighth avenue and Fourth street SW left no injuries. Emery Sargeant of 129 Fourth avenue SW and Gerald Brown of 421 Sixth avenue SW drove into the intersection. Brown’s car struck the hydrant, police said.
The Linn County Chiropractors Study club elected officers at its Tuesday meeting held at Hotel Montrose. Dr. L Dolson was chosen chairman Dr HG Stitzel vice chairman and Dr Hoyt Thomas was reelected secretary treasurer Dr J Frank Naibert presided. Reports of club activities were given by Drs James O Kerr F J Prout Clara B Dice Roe A W Navratil and Bertha Swim of Mount Vernon.
Cedar Rapids district scout staff will meet Wednesday at 7 30 p m at Stamats farm east of Cedar Rapids near highways 30 and 94 to discuss scout participation in the safety parade on June 15 and to review Camp Waubeck plans. Health and safety committee members under Fred Winter toured the camp Wednesday afternoon to recommend improvements and another tour will follow once camp opens.
Cedar Rapids Stamp club hosts a surprise donation party and meeting on June 17 at the Montrose hotel to raise funds for the summer. The club will welcome Cedar Rapids Coin club on June 23 for a joint dinner event. guest speaker C. Mills of Moline will discuss stamps from travels in the Far East Philippines and Hawaii. Open to all stamp and coin collectors in eastern Iowa.
Mrs Nellie A Palmer of Emmetsburg died suddenly at her daughter Christ el Palmer's home from a heart attack. Born February 23 1865 in Winona Minnesota she married D M Palmer in Nora Springs June 10 1891. She resided in Emmetsburg 30 years and was active in church and clubs. Survived by husband two daughters son and four grandchildren. Body at Beatty chapel with funeral plans to be announced.
John A Watt 58 a former Cedar Rapids resident died at his Davenport home at 2 30 p m Tuesday after a heart attack Brothers James and Elmer Henry and James Watt plus sister Mrs Harry Converse survive The body will be taken to Davenport for funeral services Thursday afternoon Burial is in Scranton Iowa Mrs Mary Sheeley 68 died Wednesday at 1 15 p m at her daughter Mrs Francis J McGuire 377 Fifteenth Street SE after six weeks illness She was born July 26
The obituary notes a Winthrop Iowa resident who died in 1871 with her daughter as the sole survivor. She belonged to the auxiliary to the Brotherhood of Railroad Trainmen and to St. Agnes circle of the Immaculate Conception Church. Funeral plans were not made by Wednesday afternoon. the body was moved to Brady Mortuary for further information.
Edith Plank of 402 A avenue NW died in a local hospital Monday. Funeral services will be conducted by Rev. Malcolm Hall Thursday at 2 p.m. at the Four Square Gospel tabernacle. Burial follows at Cedar Memorial Park. Friends may call at Janeba funeral home until 11 a.m. Thursday.
Funeral services for John C. Thornton will be held at 2 p.m. Thursday in Beatty chapel conducted by Rev. J. P. Van Horn. He died at his home on Tuesday. Burial will be in Cedar Memorial Park. Friends may call at the chapel.
Funeral services for Chester L. Millard of Waubeeck were conducted in the Beatty chapel at 10 30 a m Thursday by Rev Samuel Noah. Burial followed at Jordan's Grove Cemetery near Central City with friends invited to call at the chapel.
Anne Clark Roosevelt wife of John Roosevelt youngest son of the President gave birth to a baby boy at Boston Lying-in hospital. The boy weighed 7 pounds 9 ounces and will be named Haven. Both mother and child are doing well per Dr Charles G Shedd. The family resides in Winchester where Roosevelt assists as manager of a Boston department store branch. They were married June 18 1938.
Classified notices list ambulance service, vitamins, watch repairs, moving services, insurance, and lost items. Readers urged to exchange references for auto transport and to submit Want Ads by noon for same day publication. Numerous names and locations appear for Cedar Rapids Gazette listings.
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