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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 23, 1941
Page
24
Chicago dealers report strength in the wholesale dressed pork market with rising live hog prices. Quotations gained about 25 cents from Friday, top offers reaching 10.75 per hundredweight for choice hogs, while light pork loins and spring lambs advanced to new highs.
Chicago livestock prices reveal active hog and cattle trade with 11,000 hogs and 15,000 cattle receipts. Prices range with thinly reported highs for lighter hogs and steady to higher cattle values across stations in Waterloo Ottumwa Mason City Sioux City Des Moines and other regional yards.
Market notes show hogs selling slower with barrows, gilts up to 40 cents higher and sows 25 cents higher to around 10.75. Cattle receipts total about 8 000 with calves and yearlings active, steers up to 1100 lbs weak undertone, heifers steady, cows slow to steady, bulls weak to 80 cents lower. Dealers weak to 80 cents lower. stocker bids around 38.25, better lots at 9.00 to 10.50 for feeders.
Feeder steers traded around 10.5 to 12.25 with calves at 10.50. Sheep receipts 3,150 with fat lambs 25 cents lower, native and California lambs 11.75 to 12.00. Hogs at Peoria noted 10.65 top for 200 lb, other weights 9.75 to 10.50. Austin market shows varied hog and cattle bids by weight ranges with top hogs near 9.90 and cows around 10.75.
Local hog market rose with all grades up 15 cents on Monday and top long-haul prices reaching 10.40. Hogs ranged from 140 to 500 pounds with varied quotes, while cattle and calf markets showed mixed prices for steers, heifers, cows, and calves, and a separate sheep and lamb section noted genuine spring lambs priced by weight.
A long miscellaneous price list from Cedar Rapids shows grains such as Wheat at 92c for No. 11 and 0 to 34c for No. 2 oats, corn shelled at 61.5c for yellow, soybeans at $1.20, and hay and straw values. Market items include hens, cornish types, fruit prices like lemons at 6.75, oranges 2.75 to 3.50, and vegetables such as celery 60c for Michigan, and limes of various produce. Hides and livestock prices are listed among miscellaneous entries.
New York bond review shows API bonds advancing across most categories with lower priced rails leading gains. U S government issues and foreign government bonds mostly firm with some small gains in Canada Norway and Japan.
Stocks surged after reports of the German Russian conflict but gains faded by close as traders questioned durability. Early heavy buying lifted leaders like U S Steel and Bethlehem. 750000 total shares changed hands with bonds and commodities also strong at the open. Leaders touched new highs for 1941 including Standard Oil New Jersey Western Union and Texas Corp.
Wall Street stock listings and quotations published by J. E. Bennett show a dense array of securities with prices across major banks, rail and manufacturing firms, utilities, and industrials. The column includes Alaska Juneau, Allied Chem, Kennecott Copper, Lockheed, Ford, General Motors, Coca Cola, IBM, Exxon, Sears Roebuck, Union Carbide, and many others with mixed gains and losses for a Monday session.
Chicago futures surged as Germany declared war on Russia and potential U S aid to Russia sparked gains in wheat corn oats and soybeans. Prices climbed with soybeans leading and grains across the board trading near seasonal highs before profit taking trimmed earlier gains.
Markets show firm tones across butter eggs cheese and potatoes with varied prices. Chicago Receipts show heavy hens and looser supply of other fowl. butter and eggs steady with selective gains. Idaho Russet and Bliss Triumphs prices noted amid uneven potato market.
Wisconsin cheese prices for the week of June 23 28 list Daisies 19 9 c, brick ic horns 19 2 c, cheddars 1 %. Boston wool market reports very slow sales with mostly steady prices as manufacturers prepare bids for government orders. Bright fleece three eighths to quarter bloods 46 48 cents per lb. fine territory wools 1.00 to 1.03 per lb scoured.
Two Iowa City residents Helen Kehoe and Robert Goody Jr filed a $500 bond in municipal court on charges of operating a liquor nuisance and illegal possession of gambling devices after a raid at a county line tavern Sunday. A Tuesday hearing was scheduled amid prior raid history.
Ben Hogan and Jimmy Demaret won the Inverness invitational four ball for the seventh time earning 1000 dollars each. The Hershey hurricane and Demaret finished with a plus 11 a record margin, three points ahead of Byron Nelson and Jimmy Thomson who were second in the seven round event at Inverness.
The playground commission announced showers will operate Tuesdays and Thursdays from 2 to 3 PM at eight playgrounds including Elks Sixth Street and G Avenue NW Roosevelt C Avenue and Thirteenth Street NW Reed Seventh Avenue and Seventh Street SW Lincoln Ninth Street and Eighteenth Avenue SW Van Buren Third Street and Fourteenth Avenue SW McKinley near McKinley Street SE Buchanan Twentieth Street and Higley Avenue SE and Kenwood Thirty-second Street and C Avenue NE.
Haegg Construction won the Sixteenth Avenue bridge paving contract with a low bid of six thousand five hundred forty five dollars. City council awarded the sidewalk project for Kenwood to Claire Morrow at four thousand eight hundred forty one dollars. Other bids included Don Christensen and Hargrave Construction for the bridge work.
Special to The Gazette. Don Parker, in his first golf year, scored a hole-in-one on a 156 yard hole at Hilltop course Sunday. It is the fourth ace at Hilltop since the course opened 19 years ago. Playing with him were Franc is Mills, Henry Hendrickson, Glen Zirbes and Walter Mehsling.
Quaker Oats, second in the M. and J. scramble, faces the Engineers Tuesday at 530 p.m. on the Daniels park diamond in a postponed game.
Classified rates for Cedar Rapids Gazette want ads show minimum two lines and add-on line pricing. Out-of-town and blind ads add 10 cent, with special work wanted rates and same day or Sunday publication deadlines. Dial 2-1121 for ad-taker and submission options.
Lost items listed with rewards appear in a lost and found notice. Beaded purse glasses money and papers missing from a General Motors exhibit and Ellis Park Biats 1634 location. Contact Dial 2-0 for rewards and return.
Classified notices show repairs and services from Griff ith Feather Mattress Co to H K Schaefer watch repair and Sands Printing Co. Furs cleaning and remodeling offered by Morris Fur Shop and Clara Crowe letters on shirts at Rapids Knitting Co. Tom Mason offers suit cleaning with two hour service. Mail services listed.
Mr and Mrs John Sanders invite guests to their wedding dance on Tuesday June 24 at Hi Way Gardens Stanwood with Fisher and his orchestra providing music. Also listed are party venues and services for events and local ads in Stanwood and surrounding areas.
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