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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 27, 1941
Page
20
Market dips with higher receipts in Chicago led to weaker hog prices despite an $11 top for choice pork. Receipts reached about 7,000 hogs with mixed results for weights, sow prices slumping and cattle and sheep showing broad weakness across several regional yards.
Sioux City livestock market notes steady cattle, strong hogs, and weaker calves. Receipts show 200 cattle, 2,500 hogs, 206 sheep with prices across weights and classes, including slaughter steers around $8.70 and hogs $10.60 to $10.50 for various grades.
Peoria Illinois AP reports hog receipts at 2 300 with 10 to 15 cent drop, top hogs at 10.00 for 210 200 lb grades, cattle receipts about 100 with steady to weak demand, best fed steers 10.25 to 11.00, vealers around 12.00, sheep and lambs opened lower with light buyer activity and limited demand.
Local hog market shows steady prices as buyers and sellers hold firm. The listing notes genuine spring lambs and price guidance with lambs around 5 to 8 pounds and bucks at $10.50 per unit. Prices vary by quality and weight.
Grain items list prices for wheat oats rye and corn along with soybeans and straw. Wholesale fruits vegetables and prices for lemons oranges grapefruits celery and other produce follow with meat hides and leather pricing and horse values.
In Austin Minnesota hog prices range from 8.75 to 10.45 dollars across weight classes with various quotes for sows and heavy hogs. The Boston wool market notes moderate business in fine foreign wools with prices for Fine South American wools and scoured values for French combing wools and fleece quotations remaining largely unchanged.
New York AP reports a mixed day on Wall Street as heavy commodity buying and general market indifference kept prices largely steady to lower. Cotton futures hit new highs while grains and bonds showed strength. The day blamed weak stock performance on German Russian war news and renewed defense lines, with many leading shares slipping and only a few remaining firm.
Government bonds ended Friday with Treasury notes and bonds showing varying prices and yields led by the 3 1/2 51 55 at 13.60 inquiry for the market, while other issues traded around 110.29 for the 34ps and 119.40 for the 44s.
Chicago grain futures rose with wheat soybeans and oats reaching season highs. July wheat closed near the days top gaining about 1 percent to 1.0645-1.465 a bushel, while soybeans rose over 3 cents before retreating and oats advanced around a penny.
Chicago prices show No 1 hard red wheat at 1.12, No 2 hard 1.03, No 3 hard 1.045. Corn No 2 yellow 5 1/2 to 7 1/4, No 1 yellow 7 1/2, soybeans No 2 yellow 1.54, No 1 white 1.89, rye no sales, barley making 5 6 5 to 7 6, lard bids around 10.87 to 12.62 for various cuts.
New York closing notes show a tapering Friday session yet steady demand for rail bonds and mixed corporate activity. Utilities and manufacturers posted selective price gains while government issues remained steady amid reduced volume. treasuries in over the counter trading rose modestly with small advances.
Chicago receipts show 1 car and 42 trucks of poultry with Leghorn hens and broilers up to 2 lbs. Butter receipts near 1,420,976 lbs with varied scores. eggs receipts 24,476 cases as market remains firm. New York butter and cheese mostly firm with higher scores, eggs steady to firm. potato market reports mixed, with several regional price examples and washed vs unwashed varieties.
Furnished by Lamson Bros and Co. lists butter storage standards for November and egg refrigerator standards for October. Includes figures 37 806 and 37.85 for butter and 29.85 to 29.90 for eggs.
County Attorney W W Criss filed a larceny information against Norman Ernnst suspected of stealing an automobile radio from Charles Baker living three miles east of Marion. The sheriff's office arrested Ernnst on June 26 in Jefferson Wisconsin. He admitted stealing the radio while employed by Baker as a farm worker.
Judge C J Haas Friday granted the CIT corporation assignee of People's Furniture a $314,096 judgment against Donald Rooks. The suit rested on a promissory note allegedly signed by Rooks in June 1937.
Stanley Reid Friday filed a petition for a landlord's writ of attachment against Mr. and Mrs. John F. Byrne. Reid alleges the Byrnes leased property from him on May and have failed to pay rent.
In June an attachment on household furnishings seeks judgment for 65 dollars. Judge C J Haas Friday approved a deed by D W Bates receiver for Cedar Rapids Savings Bank and Trust Co transferring title in the bank building at Third avenue and Third street SE to Acme Investment Co. Bates stated 152000 was paid as full purchase price in March by O L Becker and Joseph Sinaiko officers of the investment company.
Judge Haas cites John Comp to appear at 9 am June 30 to show cause why he should not be punished for contempt. Mrs Comp was granted a December 1939 divorce with child support of 16 dollars monthly. she says he paid 10 dollars monthly from February to June 1941 and now refuses further payments.
Deputy Sheriff Larry Condon jailed Kenneth L Robertson 23 of 718 Sixth Street SE on a justice court warrant for desertion and abandonment of minor children. A preliminary information was filed by Assistant County Attorney Carl Henderson on complaint by the defendant's wife Doris. Meanwhile Edward L Pospishil filed divorce suit from Marion C Pospishil alleging cruel and inhuman treatment. they married April 17 1938 in Valparaiso Indiana. Leola R Hughes was appointed administratrix of John Jasper Russett estate, died June 2. survivors include wife Anna and son Jasper Phillip. estate valued about 3500 dollars.
Washington AP reports the army studies a new preentry testing system to determine physical and mental fitness before camp. Trials in Pennsylvania allow 10 to 30 day prior final exams near homes, sparing rejected men the embarrassment of leaving jobs. Expansion requires regional examining boards in the west.
Omaha, Nebraska report notes Ivan E. Froelich age 23 of Norfolk and Stanley Anderson age 34 formerly of Omaha must serve one year in a federal reformatory for failure to notify their draft boards of address changes.
Children’s day will be observed Sunday at the Christian church with a 10 a.m. program directed by Mrs. La Verna Crew. Pupils from the beginners to junior departments perform songs recitations and a playlet Good News by six junior girls. Includes Salutes to the flags and a vocal solo Can a Little Child. Benediction.
Seven year old Joyce Sampica suffered two fractures of the left leg below the knee and facial abrasions after a bicycle was struck by an auto driven by John M. Howe. Howe said he was westbound on Seventh avenue when the girl rode into his path from an alley near Owen Drugs and Murray department store. She received first aid, was X-rayed at Cedar Rapids hospital, and returned home with her leg in a cast. Howe's companions were LaWayne Howe and Bill Armstrong.
Mr and Mrs Walter E Van Fossen were honored at a surprise dinner Thursday at Marion Golf Club, hosted by the Thursday Card Club for fourteen guests in celebration of their 25th wedding anniversary. Mrs Jack Ellis and Mr and Mrs Ben Cotton attended as guests.
Mrs Ivan Gillmore and Mrs Walter Morrison hosted the Mothers club gathering at Mrs Raymond Stanton home. New officers named include President Mrs Ivan Gillmore and others. Committees appointed cover program membership federation gifts and child care with July 20 picnic set at noon at Mrs Walter Morrison home.
The itemized brief covers a maroon bicycle theft from the Vernon home in Marion tied to John Vernon, a Gazette salesman. various visits and events in Marion, Center Point, Prairieburg, Ames, and Decorah. church and club meetings. livestock and grocery notes, and a June marriage of Dorothy Trompson to John Grubb with a Barns City connection.
Racine Wisconsin hosts relatives for the first mass of Rev Jacob Knotek newly ordained as a Catholic priest. Vanderlinden family travels from near and relatives from Chicago and Silver City join family visits. Red Cross sewing room hours set 1 to 5 pm Monday and Wednesday next week. Rose Eidamiller visits from Chicago with aunt Amelia Giffert. Verne Balster family to return from Minneapolis.
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