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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 10, 1941
Page
4
Market reports from Chicago and multiple midwest yards indicate hog prices largely steady with slow trade. Cattle, calves, and sheep receipts varied. hogs under 240 lb steady to higher, heavier weights mostly steady to lower, with top hog bids around 7.90 dollars and regional yards listing mixed results.
Hogs receipts 3500 mostly lower with lights steady. top $7.75 for 189-240 lb butchers. Cattle receipts 500 calves and yearlings steady to active. good steers around 1000 lb at $19 per cwt, common cows $625-$700, cutters $53-$76. Sheep light demand with good to choice 97 lb lambs topping at $1075. 104 lb lambs at $10. Market tone cautious with varied bids across weight classes.
Market notes show hog prices steady across weights with top long-haul hogs at 7.50. Buyers report limited changes Monday as cattle and sheep quotes range with varied values for steers yearlings and cows under current market conditions.
A Cedar Rapids list shows mixed grain quotes and produce prices. Grain items include No 1 and No 2 oats at 3412 and 33 cents, No 2 rye at 3i cents, No 3 barley 354845c, corn shelled new No 2 yellow 53c, No 3 Sic soybeans new No 2 and 4 cents May and straw. Hay prices note baled tame hay 1266, baled straw 800, with poultry and fruit/vegetable prices for local markets.
New York bond market edged higher with rail issues leading the advance as prices gain fractionally to over two points. Demand stayed firm midday with prospects of improved rail finances and spring traffic increases cited as drivers. Illinois Central and Western Pacific firsts were among top gainers while Portland General Electric and Consolidated Oil fell modestly.
The New York stock market rallied Monday with gains in steels, sugars and select ties. The market advanced at the open, then slowed, with a midday pickup. most gains ranged from fractions to over three points and stayed firm at close as YS Steel, Bethlehem, American Telephone, Western Union, US Rubber, Santa Fe, Douglas Aircraft, United Aircraft and General Electric led.
Wall St listings show numerous tickers led by Adams Express, Intl Mining Alaska Juneau, Kennecott, Armour, General Electric, Ford and many others. Chicago market quotes follow with multiple firms such as Armour, Quaker Oats, Swift, Walgreens, Zenith Radio and more, reflecting broad trading activity Monday.
Washington AP report notes the house appropriated 10000 dollars on Monday for a five man special committee to be appointed by Speaker Rayburn to investigate recent commercial airline crashes.
Wisconsin cheese exchange reports March 10 15 quotas for Daisies 14 2¢, brick 13 9¢, horns 14 9¢, cheddars 14¢ with farmers call board Daisies 14 3¢ horns 14 3¢ cheddars 4c. Wool market in Boston shows moderate imports and steady quotations with South American wools dominant and Australian and South African merinos in demand.
Wheat rallied late on the Chicago Board of Trade, May futures closing at 86 14s, up one cent from Saturday. Corn rose slightly, oats and rye advanced about 7 percent, soybeans near 97. Market notes strength in wheat futures due to speculative buying and short covering. Winnipeg reports open, high, low, and close values for May wheat futures. Chicago cash grain prices show No. 2 hard, No. 2 yellow, and No. 3 hard bids across grades. oats, barley, and soybeans listed with current prices.
Market notes show Hue area poultry logistics with 15 trucks and varied weights. Prices listed for Leghorn roosters, hens, broilers and turkeys across weights, plus butter, eggs, and storage futures as reported by Chicago and New York exchanges.
Tod Tlustos, 21, of 707 Fifth Avenue SE, faced driving without a license after highway patrol found him on highway 30 west of Cedar Rapids. He allegedly dared officers to arrest him, was jailed briefly, then released on bond when a valid license was presented and the charge dropped.
Diseases were at a minimum with only four scarlet fever cases on record. Last month totals include eight scarlet fever cases, ten chicken pox, and two mumps. The February health report notes garbage and rubbish handling at the incinerator and city deaths totaling sixty nine.
Dubuque police chief Joseph Strub said authorities are probing the death of Willard Preston 30 year old president of the Dubuque truck drivers union found slumped in a car in his garage carbon monoxide poisoning is cited by coroner C C Coady no inquest decision yet as Strub investigates a car ransacked after a fire damage last Friday Preston had been estranged from his wife and slept in his car in the garage recently
The chief said the motor was not running but there was gasoline in the tank. Preston was indicted with other truck drivers union officials and milk company officials on federal charges of violating the Sherman Antitrust Act.
The Ambulance Service reported to Safety Commissioner Wes Benesh for February that it spent 472.56 on emergency calls and earned 433.57. 525.21 on invalid calls and earned 492.57. and 49.90 from general calls.
Receiver D. W. Bates gains court authority from Judge C. J. Haas to sell the 45 year old Cedar Rapids Savings Bank building and its real estate. The property may be sold publicly or privately with a minimum bid equal to its appraised value of 150000 if sold privately. The building houses Guaranty Bank and Trust and various retail tenants and has five office floors. The application filed February 18 shows a book value of 480683.12.
Judge H C Ring approves settlements for two 10400 suits against Cedar Rapids Savings Bank and Trust company tied to stock ownership. Defendants Adelaide F Spangler executrix and Georgie Blake of Los Angeles face offers of 4500 and 2500 with stock assignment. Case stems from 1936 judgments and California appeals.
Frank Wilson, 52, Negro, pled guilty to assault with intent to inflict bodily injury and received a one year suspended sentence to the men’s reformatory in Anamosa. He was arrested after a Cedar river chase tied to an Oak Hill district altercation and wielding a razor on Charles Boone. Wilson has prior terms in county jail and Missouri state penitentiary for burglary and felonious assault.
Burglars gained entry through a side window of the Johnson beer tavern at Coggan Sunday, taking an undetermined amount of small change. Rolla Johnson, the proprietor, reported to Sheriff Jim Smith Sunday evening. Authorities questioned two boys in connection with the theft. A separate report says a watch was taken from Dewey Alexander’s home six miles southeast of Cedar Rapids during a break in Saturday night. The Cedar Rapids will of Amanda Aborn, who died Oct 10, was admitted to probate Monday with Libbie A. Schodde named executrix without bond. she and two grandsons are beneficiaries. The instrument is dated Nov 24, 1928. Earl Henkle, 28, of 1511 Center Point Road NE, indicted for embezzlement, waived arraignment Monday and has until March 17 to plead. Omer P Miller names Doris Mae Miller in a divorce suit for cruel and inhuman treatment. marriage occurred at Ely on July 24, 1940.
Classified column lists lost items including a black and tan toy terrier and a Sheaffer pencil with rewards offered. Also contains personal ads, services, and advertisements for pharmacies, jewelry repair, beauty services, and local merchants.
A compact listing of Help Wanted notices including farm work opportunities, stand by ads, and job seekers. Entries mention Call numbers, addresses, and boxes for responses with notes on pay terms and duties. Includes steno, housekeeper, stenographer, bartender, mechanic, and farmhand positions with various locations and age notes.
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