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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 17, 1941
Page
6
Market news reports a cold wave sharply cutting marketings and lifting hog prices 15 to 25 cents Monday across multiple yards. Cattle and sheep receipts at Chicago and other centers show steady to strong demand with selective gains, while packing and feeder values vary by region and weight class.
Livestock receipts 7 500 fat lambs and ewes steady to higher demand. Cattle receipts 928 calves 220 native killers and stocker steers strong to higher with top cattle near 12.85 per pound for certain lots. Hogs 2,800 head up 106 to 15 cents. weights 190 pounds and more show gains. Prime heifers and steers mixed to good, with several lots around 9 to 11.90 per hundredweight. Slaughter cows and bulls mostly steady to higher, thin-out and lighter kinds quoted lower.
Hog prices rise across all grades with top long haul hogs at 7.65 as calves and cattle follow upward. Sheep and lamb values shown by weight class with spring lambs at 9.75 and bucks down by one dollar, reflecting a broad market uptick.
The Cedar Rapids market lists grain prices for Wheat No 1 and No 2, Oats, Barley, Corn, and Soybeans, with hay and straw rates. Poultry prices cover various fowl sizes, eggs, and tied weights. Wholesale fruits and vegetables include lemons, oranges, grapefruit, celery, lettuce, onions, cabbage, carrots, potatoes, tomatoes, cauliflower, sweet potatoes, and apples. Hide market quotes cover cured hides and calf hides with assorted weights and notes on ponies.
NY market reports show mixed colors and prices for fruits and storage goods, with receipts around 32,903 firm for mixed colors and extras at 2ic. Creamery milk prices vary by score, with 92 score at 3144c and higher. Chicago poultry prices list hens, broilers, and turkeys with varied weights and scores. Butter, eggs, and cheese receipts indicate firmness and regional price spreads.
New York stocks opened with a muddled note as the market showed little breadth and many issues barely moved. Some utilities hit new 1941 highs while Bethlehem Steel and Dow Chemical lagged among prominent issues, with General Motors and U S Steel also soft.
Daily stock quotations from Adams Express to Zenith Radio list numerous named companies and markets. Highlights include Allied Stores, Lockheed, Boeing, General Electric, Coca Cola, Montgomery Ward, Sears, Goodyear, US Steel, and Western market movers with Chicago and national listings. The column covers prices, ranges, and notable movements across industries and exchanges.
Wisconsin cheese quotations for the week ending March 17 show average prices for daisies 1512 cents, brick 1442 cents, horns 15 3 cents, cheddars 15 cents. Wool inquiries in Boston indicate demand for domestic wools, with Ohio delaine selling 42 to 44 cents grease and steady firm prices for Australian and South American wools.
Wheat traded lower early then steadied with a modest rally attempt as profit taking and loan redemption reports weighed. May wheat closed around 86 to 86 1/4 cents, with corn, oats, rye, and soybeans showing mixed moves amid market uncertainty.
New York bond market opened with rail bonds advancing modestly as investors weighed a government financing plan including 61 billion dollars and additional defense cash. U S treasury issues ended higher while some long term issues fell. Japan bonds rose slightly. Dow Jones averages edged higher with industrials and rail stocks fluctuating amid a broad trading mix.
German planes torpedoed two British battleships off Crete in the Mediterranean, scoring direct hits. The attack occurred Sunday afternoon as part of a larger British naval squadron patrolling waters 40 kilometers west of Cape Erie. The high command said the ships returned safely despite heavy anti aircraft fire.
The Athens radio said Premier Mussolini returned to Rome with weakened prestige after Greeks repelled his Albanian offensive. The campaign allegedly involved 120000 fascist troops in a week of fighting costing Italy 50000 soldiers, described by Italian prisoners as a real massacre.
A Concrete Materials company truck driven by W H Taylor of Palo and a passenger car driven by Elmer Neff of Cedar Rapids collided at the Third avenue and Third street SE intersection about 1 30 p m Monday. Neither driver was injured though Neff's car was damaged as Neff approached from the west and the truck from the north. Taylor said a cyclist suddenly entered the intersection forcing him to slow. upon starting again Neff's car struck the flat bed near the rear dual wheels.
Washington with INS reports Rep. Andrew May of Kentucky warns that defeat of Britain could force millions of Americans to die to defeat Hitler. He says there will be no peace while Hitler dominates the world and predicts billions more will be spent on national defense regardless of Britain’s outcome.
Classified page outlines minimum ad lines and rate schedule for Cedar Rapids Gazette Want Ads. Details include line counts, out of town charges, advance payment, deadline times, and telephone ad placement options. Includes notes on multi day insertions and Sunday special rates.
Card of Thanks from Mrs Guy Thayer and family for sympathy and flowers during illness and death. Mrs Ora Mohme thanks friends for kindness and moral offerings after her husband’s death. Local business notices advertise watches, subscriptions, auctions, and services including ambulance, alterations, printing, and beauty services with various contact numbers.
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