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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 09, 1941
Page
6
Chicago reports hogs up to a year high with top price $9.70 as receipts shrink and dressed market shows strength. Other regions note steady to higher cattle and sheep sales, with steady to higher hogs and mixed calf values across Iowa and Minnesota markets.
HOGS were largely steady to higher with 3 500 receipts and top hogs around 9.50. CATTLE receipts total about 5 700 with slaughter cattle steady to 25 cents higher and loads at 9.25 to 10.75. SHEEP receipts 2 600 with steady to firm spring lambs around 12.25 and just good lambs near 9.50.
In New York trading on Monday buying of industrial blue chips and specialties supported gains in several names. Du Pont and U S Steel led upside moves along with Caterpillar Tractor Chrysler International Paper preferred Chesapeake Corp and Union Pacific. Laggards included Jones and Laughlin preferred U S Gypsum and Texas Corp as deal activity slowed after midday.
Wall Street stock quotations publish a wide list of company prices and percent changes from J. and Bennett Co. including Adams Express Johns Manville Kennecott Allied Stores Lockheed Amn Tel & Tel Union Carbide Ford General Electric and many others with figures showing bid prices and daily movements. Chicago market quotes add further depth with listings for Armour Bendix Quaker Oats Swift Armour and Co and other major firms.
Hogs salable receipts 3200 native 10 to 15 cents higher with top 9.45 and bulk 170-270 lbs 9.15 9.45. 280-360 lbs 8.85 9.10. sows 10 to 15 cents lower. Cattle receipts 500 with steers and heifers strong to 25 cents higher. top fed steers 11.00, heifers 10.75. most good light and medium fed 10.00 10.90. cows steady 8.25 8.50. calves 11.50 top. Sheep receipts 400 early sales steady. best around 12.50. medium to good 9.75 10.75. old crop lambs steady.
Hog prices rose a dime on the local market with all grades up by 10 cents. Top Jong haul at 9.40 for top hogs. Good hogs priced across weight ranges from 7.95 to 9.30. Cattle, calf, and lamb sections show mixed gains and price ranges for various grades and weights.
A Cedar Rapids miscellaneous market page lists grain and livestock prices including Wheat No 1 85c No 2 83c Oats No 2 34c Rye 44c Barley 35¢ Corn shelled New No 2 yellow 63c Soybeans New No 2 21 17 Fluctuating farm staples show hay straw poultry hides and fruit prices with lemons oranges grapefruits celery lettuce onions cabbage carrots tomatoes and apples priced per unit or per box.
Boston AP reports U S Department of Agriculture notes very few wool inquiries on the Boston market with quotations unchanged from last week. Despite slow demand and plentiful receipts the market maintains a firm undertone as many wools are deliveries against prior orders. River stage data listed for Davenport Hastings La Crosse Prairie du Chien Dubuque and Keokuk reflected modest rises and falls.
New York bond market moved in a narrow range with a slight drift lower in many issues while longer term Treasuries traded at marginally higher prices. Brazilian and Buenos Aires loans edged up, German bonds eased. stock averages showed small gains and mixed activity across sectors.
Chicago wheat futures rose to a over year high on the Chicago Board of Trade before fund selling capped the rise. July wheat settled up around 1.14 to 1.14 dollars per bushel while corn oats and soybeans moved lower on selling pressure and government sale announcements. Kansas City and Minneapolis wheat followed Chicago. Winnipeg closed for holiday.
Wheat and corn prices shown for Chicago trading include No 3 mixed wheat at 1.0335 per bushel and No 1 yellow corn at 0.72544, with various No 2 and No 4 grades listed. Soybeans Note No 2 yellow at 1.33 and 1.34, lard loose at 9.80 and bellies at 11.50 per hundredweight.
Live poultry trade steady to firm with 17 trucks. hens over 5 lbs, leghorn hens, broilers and colored varieties priced due to weight. Butter and eggs receipts strong with mixed grades. potatoes arrivals and futures noted. New York dairy and produce markets show firmer butter, steady eggs, and cheese activity.
Police auxiliary meets Wednesday at 7 30 p m at the police station. Rituals for Women of the Moose Tuesday at 8 p m at Moose hall. Women of Moose Tuesday at 10 a m in Red Cross sewing room. McKinney Fire Agency insured autos and homes at savings for 26 years. Appendeectomy at St Luke s hospital Saturday. Mrs Oscar Quick seriously ill in Mercy Hospital. Glow Room Cooking School Tuesday at 2 15 p m. Townsend club No 2 moves to coliseum council room Monday 7 45 speaker H W Paetke. Want Ad classifies ads offer 50 cent rate. Picnic dinner of Past Noble Grands assoc Tuesday 12 30 p m in Bever park then 838 First Ave E if rain. Ladies auxiliary to La Plante Choate to luncheon Wednesday 1 30 p m Bever park pavilion. Dial 2 1121 for Want Ads. James B McPherson Jr son of Mr and Mrs J B McPherson 1808 First Ave E earned a bachelor of arts degree from Kenyon College Gambier.
Delta Tau Delta and Phi Beta Kappa member active in choir fencing football and track also on the college merit list. Crescent lodge meets at 6 30 tonight in Masonic hall for third degree work with refreshments. Bass crappie and bluegill fishing season opens Sunday June 15. Sell boat tackle trailer cottage by Want Ad. Vacation Bible School at Church of God NW side begins Monday 9 11 30 daily ends June 20 for children beginner to intermediate.
Four members of the local bartenders union at McSwiggan's Tastryt tavern walkout last week ending at noon Monday when owner Leo McSwiggan signed a union contract. Strikers had kept a picket line in front of the 213 First Street SW tavern. The dispute began over a new contract after the old one expired. An English class meets Mondays at 7 p.m. at the Bohemian school on Second Street and Tenth Avenue SE during summer months.
Lost Pekingese dog on west side Wednesday morning black and gray. contact 4774. Small tan female dog off Lith St NE. dial 2-6888. Also many ads: watches cleaned 1.00, Probasco Jewelers 308 2nd Ave SE, and various services from printing to fur cleaning and home repairs. Rewards offered for false pretenses in Want Ads.
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