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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 14, 1940
Page
6
Chicago AP reports Tuesday hog receipts boosted supplies and pushed hog prices down about 25 cents while cattle and fat lamb markets remained mostly steady. Traders noted stronger early bids but finished with a weaker tone across several hog classes.
Local hot prices drop 15 cents as all cattle grades slip. Cattle markets show mixed movement with steers and yearlings varying between good and prime grades. Sheep demand weak for genuine spring lambs with prices around 9.00 for light weights and adjustments by quality.
A mixed Cedar Rapids market listing diverse prices for grain such as No 1 92c No 2 oat 35c and rye 32c, plus butterfat cream prices, poultry costs for hens to old monsters, wholesale produce values, potatoes, hides and horse prices.
Wisconsin dairy prices through May 13 show Cheddar and Swiss at 12 to 14 cents a pound, with quotes for various grades and dairies. The report notes trading activity remained steady, with buyers offering odd lots and typical weekly volume seen in cheese markets, while wool and staple fibers influence broader commodity prices.
New York markets faced a sharp drop as stocks fell 2 to 15 points on Tuesday with major names like Du Pont Dow Chemical and General Motors leading losses. Volume topped 3.5 million shares, the busiest since September, amid reports of Allied reverses in Europe and delayed ticker updates.
A brisk market page lists numerous stocks and prices led by Adams Express to International Nickel and Allied Stores with notable figures for Johns Manville Amn For Power and Union Carbide. Major railroad and industrial names appear including Nor Pac RR Armour, Bethlehem Steel, Westinghouse and General Motors with varied percent changes and closing values.
Heaviest wheat liquidation in seven years drove futures down the limit on the Chicago board, with May at about 95 1/2 cents. Corn and oats also fell, soybeans drop eight cents, while Minneapolis and Kansas City report similar losses amid Allied reverses and weak stock markets.
Mixed commodity prices and notes from Winnipeg and Chicago markets. Wheat oats barley soybeans and rye prices shown with percentages and grades. details include cash wheat No 2 No 3 oats No 3 barley and soybeans No 3 yellow with quoted prices and run notes.
Market notes from Chicago and New York list butter eggs potatoes and roosters with receipts and price moves. Highlights include US No 1 long whites and California items steady to slightly weaker, with steady overall supplies and slow demand. butter and eggs show steady or mixed gains and losses across regions.
New York bond review shows declines across U S government and corporate issues with government notes near or below quotations after German invasion of Norway. Some Japanese issues rose slightly while Belgium Argentina Italy Germany Canada and Norway loans fell over a point. Dow Jones ends lower as rails and utilities slip on selling pressure.
Mrs Barbara Shultz 53 widow of John Shultz died after a lingering illness at the home of her son in law and daughter 1819 Grande avenue SE Cedar Rapids She was born in Czechoslovakia Oct 27 1851 and came to Cedar Rapids 55 years ago Surviving are four daughters two sons twenty grandchildren and twenty seven great grandchildren Funeral services will be con-
Funeral services are set for a Janeba funeral home service at 8 45 am and a 9 30 am chapel Mass at St Wenceslaus led by Msgr August Vo yicek and Rev Joseph A Surovy with burial in St John's. A Rosary will be recited at 6 30 pm Wednesday at the Janeba funeral home and friends may call. Grandson Elmer Marele of Canton Ohio cannot attend. Herbert Henry Lapham 63 died at 1120 Ellis Blvd NW at 9 30 pm Monday after long illness. He was born in Cedar Rapids Sept 19 1876 and lived here all his life. He is survived by wife Lela two children Fred Ottumwa and Robert Cedar Rapids and two grandchildren Betty Jean Ottumwa and Roberta Lea Cedar Rapids. Funeral services in Beatty chapel at 2 pm Thursday with burial in Linwood cemetery. Family requests no flowers and friends may call at the corral from 7 to 9 pm Wednesday.
Ed Dirks died in a Cedar Rapids hospital at 11 15 am Tuesday after a brief illness born September 1 1893 near Langworthy Iowa he lived in Cedar Rapids over 20 years most of his life in Jones County he married Anna Landherr in 1924 and is survived by his wife father Garrett J Dirks and brother Harm Dirks all of Center Junction funeral arrangements pending Turner Adams a retired Rock Island conductor died at his Minneapolis home service was held there Tuesday born September 26 1864 he began railroad work in 1890 and became a conductor in 1896. he previously lived in Estherville and worked on the Cedar Rapids to Estherville route.
The House reversed itself on Tuesday voting 197 to 153 to provide 50 million dollars for farm tenant loans from Reconstruction Finance Corporation funds. The move follows a prior rejection of an 870 million fund and relies on RCFC loans to the Agriculture Secretary for relending.
Various classifieds advertise a rummage sale at 224 14th Ave SE and 1st St SE opposite Allied Van Lines. Other entries push furniture movers, mattress makers, beauty services, and machine-wash wall cleaning. Local notices include telephone numbers and shop names like Paris Academy of Beauty and Bernadine's Artiste Special Permanent.
Local ads list services from Sodding Black Dirt to tree surgeons and roofing. Names include Falken's Tree Surgeons and Novak Heating Co, plus lawnmower sharpening and painting work. Listings cover dirt, seeding, retaining walls, fences, gutters, electrical wiring, and cleaning services.
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