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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 31, 1941
Page
4
Chicago and other leading meat markets halted sales on Saturday with no receipts reported. The weekly USDA resume shows hogs with mixed changes, cattle higher on lighter weights but uneven overall, and sheep firm on light offerings with spring lambs achieving around 11 dollars a head in California consignments.
Salable hogs and cattle receipts vary by class with steady to higher bids on some groups. Slaughter steers and heifers fall a quarter to half a dollar while sows and lambs show modest gains. regional quotes place most weights within eight to eleven dollars per cwt ranges. Associated Press report notes regional stations including Waterloo and Mason City with parallel price movement.
Combined hog receipts from 16 concentration yards and 10 packing plants across Interior Town and southern Minnesota for the 48 hours ending Saturday 6 a.m. total 29 500 head, up from 25 000 a week ago but below last year. Barrows and gilts show varied prices by weight. sows also offered at several weight bands with mixed values. Austin Minnesota market lists similar ranges for barrows and gilts from 140 to 500 pounds and sows across multiple weight classes.
Cattle receipts show limited weekly quota with weak to 15c lower prices on beef steers and yearlings, heifers steady to 15c off, and cows down 25c. Hog market soft for light weights while heavier and mid ranges hold. sheep and lambs see fat lambs up to 11.25 per cwt and bred ewes around 55.00 percent.
In the St Paul Livestock market report, slaughter steers were steady to 25 cents lower. top price reached 1075 dollars for choice medium weight steers. Heifers and cows mostly held steady, with choice heifers at 10.50 and bulls down 25 cents. Hog prices rose about 10 cents with top at 9.35 on Monday and Thursday, marking a record high since 1938. Sheep saw slaughter lambs up 10 cents, spring lambs at 10.75 to 11.00, and ewes around 3.75.
Grain quotations furnished by Lamson Brothers and Company list prices or market figures. H R Mowrey, manager, Cedar Rapids office at 503 Merchants National Bank building, coordinates with Chicago market data. Phone 2 3141 for more details.
Hogs hold steady with no changes in price on the local market. Top long-haul hogs stay at 935 dollars while various weight ranges for hogs cattle and sheep show minor shifts in prices across the board.
The Cedar Rapids market lists grain prices with Wheat No 1 at 85 cents per bushel, Corn shelled No 2 at 83, Oats White No 2 at 34, Rye No 2 at 44, Barley No 3 at 45, Soybeans New No 2 at $1.19, and hay at $11 for baled tame and $7 for baled straw. Poultry values feature hens up to 1 cent, leghorns and roosters up to 19 cents, and other fowl adjustments. wholesale fruit and vegetables show lemons at $4.75, oranges $3.25-4.00, grapefruits $3.25, celery $4.50, lettuce $4.25, onions $2.50, cabbage $2.00, and potatoes new California whites $2.00 per sack. Also listed are hides prices and general market notes.
Wisconsin cheese prices show no squares or daisies with brick and cheddar values listed while Boston wool buyers seek future delivery. In Boston the U S agriculture department notes slower activity with spot wools weak to steady, combing wools mixed demand and few bright fleece sales at 43 to 45 cents in grease.
U S government bonds showed little action while corporates such as Erle 5s 1975 and Remington Rand 4 with warrant moved modestly. International issues and foreign government dollar bonds were uneven with Danish consolidated 5s surging on bond transfers as Queensland Sydney and Buenos Aires issues gained.
Jim my Wilburn of Indianapolis won the 15 mile race in 12 minutes 44 and 9 10 seconds before 15000 fans in Uniontown Pennsylvania. Tony Schnkleford of Dayton Ohio finished second Fred Slauder of Louisiana third Tony Christian of Los Angeles fourth Ed Zulacki of Detroit fifth. One of Zulacki's teeth was knocked out by a flying stone.
New York stock action shows light two hour volume around 100000 shares as markets cope with holiday effects. Investors retreat from gains, with aircraft issues leading and firms like Douglas, Boeing, United Aircraft, Chrysler, Bethlehem Steel, Sears Roebuck, and American Telephone supported while General Motors, U S Steel, Allied Chemical and U S Rubber lag.
J E Bennett Co publishes Saturday stock quotations listing numerous ticker prices and percentages for diverse firms. The sheet includes names like Allied Stores, Lockheed, General Electric, Coca Cola, Sears Roebuck, Union Carbide, and many others with mixed gains and losses across industries.
Chicago AP market update shows butter receipts at 1 650 676 pounds steady and unchanged while government graded eggs at 36 723 cases remain unchanneled. Potatoes arrivals total 1 132, with Friday stocks 863 and California long whites strongest among varieties. Prices listed include U S No 1 California long whites 3 25 to 2 35 per cwt and various regional russets and cobblers with small changes noted.
Wheat prices fell a cent at the open on the Chicago board before late buying trimmed losses to gains of 14 to 34 cents as July futures hovered near 941 to 943 cents. Corn, oats, rye and soybeans moved mixed, with soybeans down early and corn and cotton weakness weighing on sentiment. Market activity was restrained by the looming marketing quota vote and possible new commodity credit legislation, while buyers appeared on the dip.
Frank Miles of Des Moines told Marion High School's sixty eighth graduating class that youth today have vast information and opportunities. He warned of future depressions, urged faith in God loyalty to country and service to others, and stressed continued effort regardless of war involvement. The ceremony featured a concert by the Marion school band and performances by the glee clubs, with diplomas awarded by Superintendent C. B. Vernon and vice-president K. E. Cornell.
Former King Prajadhipok of Thailand died in England on Friday at Virginia Water Surrey. The exiled monarch weighed under 100 pounds and had heart trouble. He abdicated in 1932 after a coup and lived in exile since 1935, previously visiting the United States in 1931 for a cataract operation.
Multiple churches list their weekly schedules with pastors, service times, and auxiliary activities. Baptist to Seventh Day Church of God and Prairie Chapel note Sunday school, morning worship, and youth groups. Catholic mass times. observances for Children’s Day. and midweek meetings.
About 700 people swam at Cedar Rapids new municipal pool on opening day. Bill Mason, 15, son of H L Mason of Palo, was the first paying customer after waiting three hours. Pool hours run noon to 10 p.m. daily with 25 cent adult and 15 cent child admission.
Classified price schedule appears with two line minimum and per day rates. The Gazette offers regular ad pricing for consecutive days with box number references and out of town options. Various personals and services appear including transportation ads and local notices from Marion and Cedar Rapids areas.
Mixed ad listing for furnace and spouting repair painting wallpaper cleaning rug cleaning cement work hauling and more with multiple contact numbers and providers including Hawkeye Tin Shop Novak Heating Co Gardner Rug and Willman offering prompt service and estimates.
Advertisement bulletin lists vacancies from grocery clerks to restaurant workers and teachers. It promotes the Midwest’s Best Welding School offering day and evening classes at Mendelson Welding, plus barber training at C. R. Barber College. Car ads include a 1938 Studebaker LWB truck and various 1938 Ford and Tudor models.
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