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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 22, 1942
Page
17
Lamson Brothers and Company provide market notes and services. H R Mowrey manages Cedar Rapids operations from 503 Merchants National Bank building. Contact details listed for brokerage inquiries and financial updates.
Chicago and surrounding markets showed hog prices rising to as high as $14.35 per cwt amid steady to higher quotes as buyers anticipated new pork ceilings. Sows and mixed livestock followed the uptick while cattle and sheep saw varied gains and steady to higher bids across several yards including Omaha Sioux City and Des Moines.
Chicago Produce market reports receipts for poultry and eggs, with hens, leghorn and Plymouth Rock varieties priced per pound or per 4 lb units. Busters and other poultry categories show varying scores and prices, with overall market sentiment described as easy to firm. Totals include 1.958 million pounds of Buster receipts and 40,086 cases of Bogs, with mixed price ranges and on track arrivals.
Idaho rus Set Burbanks washed 3.20 per 100 lb sacks. Maine Katahdins unwashed 2.75. California lons whites 2.75–3.50 per 100 lb sacks washed. Louisiana Bliss Triumphs 3.00–3.25. Alabama Bliss Triumphs 2.25–2.80. New York dairy receipts weaken with butter and cheese steady. eggs firm with mixed colors. Dressed poultry and live poultry prices list diverse items across regions.
Futures listed include butter storage standards for November at 38 and eggs refrigeration standards for October. The fragmentary data shows price or index marks such as M430 and ambiguous terms like TA0.
Local hogs remain steady across all grades with long haul top near 14 dollars per cwt. Good hogs at 140 to 150 pounds bring about 12.30 to 12.38, while 180 to 170 pound ranges show around 13.20 to 13.25. Cattle prices list choice to prime steers up to 14.25, yearlings at 12.00 to 13.00, and cows and bulls lowering with common and average lots noted.
Grain prices listed for Wheat Corn Soybeans and New white No 2 oats with varied figures. Poultry market shows prices for broilers rocks leghorns heavy cocks and other categories with per dozen and per unit quotes. Wholesale fruits vegetables include celery oranges grapefruits cucumbers and sweet potatoes with assorted price points.
In Friday trading fracs gained more than a point in several bond groups while others were steady. Fortunes favored New York Central and Rock Island General 4s with gains, while International Telephone and Western Union 4 28s moved narrowly, and Treasury and Federal Farm Mortgage 3s stayed in the background as U S bonds closed mixed.
The National Safety Council reported a 25 percent rise in April industrial accident deaths from 1941. A survey of 23 states counted 704 fatalities last month, up from 565 a year earlier, reflecting increased plant activity in the sector.
Washington warnings trimmed stock market enthusiasm as a mixed session unfolded in New York. Trading drifted to a sluggish pace with many issues down or barely higher while a handful of gainers appeared late. Key names such as American Telephone and Goodyear showed weakness amid broader reluctance.
The page lists numerous stocks with bid figures and changes from Wall Street and Chicago markets. Notable entries include Adams Express Nickel Alaska Juneau 2a, Allied Chem, Lockheed, Armours, Bethlehem Steel, Crown Cork, Sears Roebuck, General Motors, Union Carbide, and Zenith Radio among many others. The data shows bid prices for dozens of industries, with several prominent United States corporations represented.
Grain futures closed irregular with soybeans down and corn up modestly. Wheat fell about 4 cents, oats rose, rye slipped, and soybean prices weakened. Early session saw light wheat offerings rise and prices ease. Trade in corn was mixed as local traders and brokers offered stock. Prices ended steady to firm across U S markets and Winnipeg.
Chicago API wheat no sales reported while oats and corn show mixed grades with pricing. Soybeans quoted No. 3 and No. 2 yellow values listed, barley quotes for malting and feed, rye musty sample, and cash lard priced around 12.50 to 15.75 per hundred weight.
Wisconsin dairy items include May cheese with quotes for twins and cheddar at various prices. Wool market notes in Houston show medium bright wool moved for delivery and combing types, with spot prices from 15 to 118 dollars and domestic fleece trends.
The Gazette lists local wartime notices across Iowa. Officers elected in the Catholic Daughters of America include Lucille Dessell and Irene Meyer. Memorial services, graduations, marriages, and career moves span Decorah, Waukon, Anamosa, Tipton, Victor, Marengo, Blairstown, and Onslow with clergy, veterans groups, and schools cited among the events.
Army ordnance officials approve an NRA plan to have civilians with Springfield and Enfield rifles sell back serviceable, not too altered units. In Cedar Rapids the inspectors are David S. Thomas and A. R. Cornelius, tasked to examine returning owners' rifles.
Joseph D. Scholtz regional civilian defense director says strong progress is being made by state and municipal defense councils in bolstering civil defense in the area. He notes surveys reveal organizational weaknesses and the need for more volunteers after previously claiming no large city was fully prepared for an emergency.
Classified ad rates shown by days and word counts with examples of two line minimum ads. Includes charging options, weekday deadlines, and special notes on work wanted ads and lost and found items.
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