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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 20, 1942
Page
5
Financial market notes furnished by Lamson Brothers and Company list H R Mowrey as manager for the Cedar Rapids office located in the Merchants National Bank building with contact number 2 3141.
Chicago reports show hogs steady around 14.50 with top quotes, cattle and sheep softening. Receipts remain tight while hogs stay firm. Omaha Sioux City and Des Moines listings note steady to higher prices for select classes and mixed weekly gains, with regional totals around tens of thousands head.
Markets show steady tone with receipts and price currents for butter eggs and potatoes. Butter and eggs listings include multiple grades and prices. potatoes show on track shipments and demand shifts across California and southern regions with noted price ranges and stock movements.
The record lists cheese prices and stock figures with references to 1940 and 1941. Entries include Pullels Rocks at 29 cents and Jumbos at 60 cents, plus mentions of firm state flats and current make fresh holdings.
Local market listings show hog prices steady with varied lamb quotes. Genuine spring lambs range 65 to 90 pounds with prices from 12.50 to 14.50, and ewe and buck entries priced by quality and weight bands.
Saturday stock prices from J Bennett Co show diverse moves across many issues. Major names include Allied Stores Amn Can Kennecott Copper Lockheed Coca Cola Proctor Gamble Ford and General Electric with varied gains and losses in a broad market snapshot.
Market listings show various grain prices including wheat No. 1 and 2 at 44 to 96 cents, oats and yellow corn, plus commodity notes for hay, oats, and colored poultry. Wholesale fruits and vegetables list Michigan celery, lemons, oranges, lettuce, onions, cabbage, potatoes, cantaloupes, apples, and more with prices per dozen or bushel.
New York bond review shows a quiet session with slight price moves. Rail issues weighed, utilities firmed, and select foreign and U S government bonds held steady amid light turnover and modest losses for some rail and war bonds.
Plymouth Wisconsin cheese quotations for the week June 22 to 27 show Twins 20 l a ct, cheddars 20 4c. In Boston wool market light and medium wools offered at 48 to 50 cents delivered with no buyers. Bright and average fleece wools country graded of medium grade offered and sold at 46 to 44 percent delivered.
Chalky Wright defeats Harry Jeffra by technical knockout in the tenth round to retain the featherweight championship in Baltimore. Wright used close range punching to slow Jeffra's speed during the title defense Friday night.
Stock market trends remained cloudy Saturday with small declines for Woolworth, American Telephone, Chrysler, Douglas Aircraft, and International Nickel. A shade ahead were Erie, Baltimore and Ohio, Consolidated Edison, and General Electric. General Motors was unchanged.
New York AP reports government requests to suspend state and county fairs until wartime end threaten light harness racing. Will Gahagan of the United States Trotting Association notes about 400 county fairs host trotters and pacers and around 5,000 of 6,000 active horses race there.
The Brewers dropped both ends of a doubleheader to Columbus, allowing Kansas City to move ahead in the standings despite a KC loss at Toledo. Milwaukee drops to 36 24, Columbus and KC close in the pennant race as other games are postponed. France raises 700000 for Liberty statue costs.
Chicago grain futures closed steady to firm after Friday gains as wheat and corn rose while oats fell. Soybeans edged mixed with July price movements and traders noted heavy rainfall in the southwest could slow winter wheat harvest and push high moisture grain into the market.
Chicago cash grain and oilseed quotations show no sales reported for wheat and corn. Soybeans list no. 2 yellow at 17.8, no. 3 at 17.0, sample 16.6 and other values. oats and barley prices noted with various grades. cash lard listed at 12.62 per unit, loose 11.90, bel Mes 15.75.
Gov George A Wilson proclaims Monday as Aid to Russia day to push U S wartime relief. Alice Kirwin announces contributors can earmark gifts for Russia. The United War Fund drive coordinates relief for armed forces and allies with a $50,000 goal yet to be reached.
U S military and naval experts predict advancing offensive capabilities against the Axis. New equipment includes a carrier borne torpedo bomber and a land based torpedo plane derived from the B 26, with speeds over 270 mph and 1400 mile ranges.
The annual silver tea of the General Aid and Missionary Society of the Presbyterian church was held at the manse. Mrs. Gilbert Voorhies led the devotional period and Kathryn Kassler sang. Forty-two women attended with chairmen Merle Knight and P. O. Michel coordinating table and refreshments.
Mrs. Howard Martin entertained on Friday for her son David at Bever Park with refreshments in patriotic colors. Guests included Gary Woods Lary and Janice Show Tommie Fisher Margaret Joan and Billie Huntoon and Mrs J J Huntoon accompanied them to the park.
Grove City Rebekah Lodge No 35 members and past staff guests gathered Friday for dinner at Mrs. Harry J Murphey’s home at 1401 Eleventh Street. Thirty three attended. active member Mrs D S Stewart honored for 30 years. Out of town guest Mrs Ethel Bell joined plus updates on local residents and visitors.
A compact listing of local church services across denominations. Includes times for Bible school morning worship and evening services at Baptist, Catholic, Christian, Congregational, Free Methodist, Methodist, Presbyterian, Evangelical Lutheran, Seventh Day Church of God, Prairie Chapel and other congregations with sermon titles and youth group activities where shown.
Sir Stafford Cripps urged an Allied invasion of western Europe with aim to reach Berlin, noting it may be sooner or later. He said the united US Britain and Soviet strength would enable a major western attack in time and pledged support to Russia during the critical months ahead.
The Massachusetts racing commission ordered Suffolk Downs to raise the minimum purse from 1000 to 1200 after a one day strike by horsemen. The arbiters warned that further incidents harming public opinion of racing will not be tolerated.
A dense classified page offers watch cleaning at $1.50 with listings for Malin watches, jewelry repairs, film developing, and various services including flooring, beauty shops, and household repairs. It promotes sewing machines, golf lessons, and furnace cleaning plus many ads for diamonds, leather goods, and wares.
The FCC on Saturday ordered registration for all amateur radio operators who own transmitters. Registered operators must act by August. licensed transmitters and government-owned units are exempt.
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