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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 07, 1941
Page
5
Chicago and Omaha market reports show hogs steady to slightly lower, cattle and sheep mixed with gains in some classes. Lambs hit a season peak at 13.25 per hundredweight. hog supplies rose causing price weakness, while cattle and sheep posted mixed to higher bids amid varying regional receipts.
Prices for yearlings and lightweight steers advanced 25 cents from last week. Heifers and cows up 25 cents, bulls 50 cents higher in a brisk trade. Vealers up around 50 cents. Spring lambs gained about two dollars, shorn lambs to $9.50 to $9.85, ewes to $4.50. Hog prices ended strong but below last week with varied weights. Des Moines and Austin markets report mixed gains and steady to higher trends across multiple weight classes.
Cattle and packing sow price ranges listed by weight. 200 to 330 pounds fetch 9.10 to 9.25 dollars, 330 to 350 pounds around 9.00, 275 to 360 pounds about 8.30 to 8.40, 360 to 400 pounds near 8.60, 400 to 550 pounds about 8.50 to 8.65. Quality grades vary from good to choice with values 7.25 to 7.75, and overall market for other cattle remains steady.
The market reports lambs and hogs with steady to lower quotes. Buyers and sellers cite varied price ranges for genuine spring lambs and lighter weight hogs, while small lots and miscellaneous bids appear in regional summaries.
Market list from Cedar Rapids reports grain prices for wheat oats corn soybeans and barley with assorted bale straw fruit vegetables and livestock quotes. Notable items include Wheat No 1 85 cents and Soybeans New No 2 1.17 per bushel with May delivery, Old Idaho russets 2.00 and Winnesap apples 12.50 box, and hides and live stock prices listed.
Boston wool trade was quieter than last week though deliveries remained heavy on orders from domestic and foreign buyers. Prices stayed firm for new purchases as combing and blood bright wools drew moderate demand and delicate blends quoted around 4.24 to 4.75 cents in grease.
New York trading on Saturday showed overall small gains across issues while many remained unchanged or dipped. U S Government bonds were firmer, foreign issues rose modestly, and select corporates like Rock Island general 4s Missouri Pacific 53 of 1957 F and Pacific Gas VIs posted small advances amid a quiet session.
The English House of Lords uses a red-bordered carpet to define the space where a member may stand while addressing the chamber. It is believed to date from when swords were common, ensuring a safe distance in case of altercations.
Upticks led by James & Laughlin and International Paper lift stocks in a cautious session led by small trading. Wheat climbs over 2 cents. steel, motors and utilities move modestly while bonds stay quiet and rails hold steady.
Wall Street traders show a broad list of stocks with prices from Armour to Westinghouse and many major firms. Notable quotes include Lockheed, Bethlehem Steel, Boeing, Coca Cola, General Electric, and United Airlines among others, reflecting varied performance across industries and sectors.
Chicago receipts show butter 1 017 248 steady with 90 score central. Eggs receipts 23 628 steady fresh firsts locally 23 34 cents. potatoes arrivals 167 on track. California long whites and Idaho Russets noted with firm demand and light stock. futures data supplied by Lomsem Bros. and Co. Cement and steel figures tied to Grand Coulee dam completion.
Wheat prices surged to seasonal highs the best since 1940 on the Chicago Board of Trade with July at 1.01 per bushel gains of about 2.44 to 3.5 cents. Government withholding lean wheat and poor harvests in the southwest helped lift prices along with strong demand and covering of stop orders. Other grains rose with corn, oats, rye, and soybeans advancing, while profit-taking trimmed gains later.
VICHY AP Paul Reynaud former premier of wartime France is released from German captivity and may return to his southeast France home. He will be kept under forced residence at an estate he designates near Digne in the Basses Alpes. Similar measures apply to other ministers held responsible for France's defeat.
Frank Miller 70 of Coggon died of a heart attack while driving toward his farm about 1.5 miles east of town on Highway 13. The car left the road but was stopped by a guard cable. Mrs Agnes Miller notified authorities. Miller survived by wife and son Frank. Body sent to Hayes funeral home Monticello for arrangements.
In Rome Premier Mussolini's cabinet expanded powers for the fascist party head and the chief of staff. The party leader now directly influences all anti political legislation on revolutionary development and defense. The general staff gains full control over army navy air force and militia chiefs and the vice chief position is abolished. Fascist youth groups gain full control of training and education for war orphans.
Cairo reports British East and West African troops captured Abalti in Ethiopia and took 1,000 Italian prisoners. The Middle East HQ communique notes the situation in Iraq remains calm.
M L Wilson director of extension work for the department of agriculture said Friday night that American food shipments to England may be the life belt that is destined to keep democracy afloat.
The Marion community marks events from birthdays to a pool party hosted by Mr. and Mrs. R. J. Williams for son Robert and guest J. W. Bowdish Jr. A Junior Farm Bureau quartet and sextet performed at Whittier community hall. Mrs. Mollenhauer recovers from injuries after a Cedar Rapids collision. King’s Daughters Electa circle held a picnic and planned charity efforts and camp participation. Marion high school teacher Gretchen Mentzer enrolls in the University of Iowa summer session.
Barbara Hayes hosted a Friday evening party at 1240 Eighth Avenue for Frances Parker of Perry with refreshments for Emma Nollsch Barbara Seger Dorothy Mekota Marilyn Johnson Kathleen Waline and Marilyn Nickeson. Fidelis circle met for a picnic lunch at Mrs. Milo Vanderlinden s home with Mrs. Carol Hinkleman as guest and a $5 Camp Good Health and two girls to Camp Huaga vote. American Red Cross Unit No 3 met at Mrs. Ralph C Seager s home with layettes and a noon picnic for twelve. Dorothy Haffa junior high principal visited Waterloo during vacation. Various locals include Irene Schultz visiting in Savanna Ill Robert Carey returning from Ames after freshman year at Iowa State College Lora Jane and Ardith Faber visiting grandparents Owen Turner Rev Earl A Baker and family guests from Wichita Falls Tex Melvin Arp recovering from surgery Timothy Allen born Jun 6 to Mr and Mrs Donald Miller former Marion residents Mrs Miller formerly Gladys Lentz of Marion Fred M Blakeslee to Marion then Defiance for summer Mrs Stickney hosted guests from Los Angeles and Cedar Rapids and the D A R Marion Linn chapter attended an Iowa Society of Children of the American Revolution event plus Molly Pitcher chapter Cedar Rapids hosted. Carol Hinkleman and children Armine and Carol Marie left for Chicago.
MONONA St Olaf and Postville pace setters in the Scenic league seek to defend top ratings as Postville heads to Garnaville and St Olaf plays Harpers Ferry. Monona and Prairie du Chien duel for second at Prairie du Chien while Lansing visits Waukon in a pair of showdowns.
A compiled Sunday schedule lists services for multiple churches. Notable entries include Baptist pastor Rev L W Inman with Bible school at 9 45 am and morning worship at 10 45 am. Catholic mass at 8 and 10 am. Christian church with Rev Vernon H Carter at 9 am. Congregational with Rev Raymond C Swisher at 11 am. Free Methodist with Rev Herbert Livingston offering services at 10 45 am and 7 45 pm. Methodist with Rev Arthur W Henke at 9 45 am and 10 30 am children’s day program. Presbyterian with Rev C V R De Jong at 10 30 am. Lutheran St Paul with Rev Carl E Krog at 10 30 am. Seventh Day Church of God details. Prairie Chapel and Alburnett Methodist schedule. notes on Sunday school, worship times, and youth group activities.
The Cedar Rapids Gazette notes Want Ad submissions are accepted until 12 noon for same day publication and until 6 am Saturday for The Sundac Gazette. The Gazette is not responsible for more than one incorrect insertion. Ad-taker
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