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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 12, 1941
Page
16
Chicago livestock listings show a drop in dressed pork values and a larger than expected live hog run. prices eased 5 to 19 cents with slow trade. Sows held steady amid weak demand for heavier steers while lamb trade opened near steady with mixed early price moves across multiple markets including St Paul and Waterloo.
Mixed livestock bids across Des Moines and Peoria areas show calves steady to lower, hogs mostly steady with some declines, fat lambs weak to steady, with cattle price ranges general and week-to-week shifts. Regional buyers report lighter receipts and for some weights a cautious market pattern amid generally steady to weaker demand.
New York stocks extended November losses as tax selling persisted. Market leaders drifted lower with many industrials hitting new yearly lows, while only a few issues showed any strength on an uneven opening and slim overall support.
Hogs steady on the local market with no changes Wednesday. The long haul no fill top remains at 1010 dollars.
Prices cover grains such as wheat rye and corn with values per bushel and by grade and include soybeans straw and hay. Poultry and eggs rates listed by weight and age plus wholesale fruits vegetables and hides. Mississippi River stages show fall levels between Davenport and Cairo with city notes.
Wall St bids strong across diverse issues with Adams Express to Zenith Radio quoted. Key names include Alaska Juneau, John Manville, Allied Stores, Ford, Bethlehem Steel, Coca Cola, General Electric, Sears Roebuck, and Union Carbide among many others. Trading prices appear across multiple sectors including mining, chemicals, steel, and utilities, reflecting broad market activity on a Wednesday session.
A sharp decline in grain and soybean prices led to lower wheat and corn as trading slowed at limit lows. Soybeans fell the daily limit while oats and rye also declined, traders citing harvest movement and higher production estimates as pressure.
Chicago market receipts include 2 cars and 47 trucks of poultry with varying prices for Plymouth Rock and White Rock varieties, geese, turkeys, and butter and egg values. Egg receipts total 4,127 cases with firm market. cheese and potatoes show steady to weak trends. New York prices feature eggs, butter, and cheese with monthly futures and refrigerator standards data.
In the Boston wool market there was very little interest from buyers on Wednesday. Dealers did not push sales and asked prices remained firmly maintained despite the weak demand.
Massachusetts teacher Milo Cushman Jr. of Concord slid fifty feet down a jagged slope near the Joe English mountain summit before his wife Hilda on a rope saved him at a cliff edge. Rescue volunteers stabilized him and he was hospitalized in serious condition.
U S government bonds closed with Treasury 4% 4s at 117 21 in New York trading The market showed occasional losses for tax related reasons while many government issues held steady or gained ground Corporate issues were mixed with small losses for Columbia Gases American Telephone and St Paul bonds also fluctuated The broad tone remained largely steady with some swings in the foreign dollar division and gains for Central 448 and International Telephone.
Des Moines AP reports the Iowa aluminum pot and pan drive produced 175 tons of metal and a federal treasury profit of 15 000 to 16 000 dollars. Procurement officer Hans Pauli said smelters paid 15 576 dollars for metals collected in Iowa, not including Waterloo.
The Chicago ordnance district announced $80,000,000 in 28 ton tank contracts to Pressed Steel Car Company of Chicago and Pullman Standard Car Manufacturing of Hammond Indiana. Pressed Steel will receive $48,000,000 and Pullman over $30,000,000. Production extends into 1942 with sub letting to smaller contractors as needed.
Argentina's Dies committee chair claims evidence supporting Roosevelt's charges of German designs in South America. He says Hitler appointed a gauleiter for an Ibero American protectorate and named regional gauleiters to run cells in Argentina and other countries. Solari says Germany chose Argentina two years ago as continental operations center for a colonization scheme.
In Vichy France reports say cigarette butts fetch 25 francs for 50, a new high in Paris. Dealers report growing demand they cannot fully meet as the occupied capital roils with a niche recycling trade.
Montezuma-Brooklyn clash ended 6-0 as De Muellenaere scored the lone touchdown early in the opening period from the Montezuma two yard line. About 800 spectators attended the Armistice Day game.
Classified column lists multiple lost items including purses, billfolds, watches and a yellow gold Swiss watch with initials L J L. Rewards offered. Also includes price rates for want ads and a note about work wanted and telephone submissions.
Personal ads offer Christmas portraits and layaway options at Baldridge Studio and Katz Jewelry with discounts on coats from Katz Jewelry & Loan. Siegel's Money to loan advertises small loans on valuables. Automotive transport references urge handling with verified references. A personal note mentions a 1941 Chevrolet traveling to San Diego to share driving costs.
Central Employment Agency advertises welders needed by leading Midwest manufacturers. Offers part time work to help with expenses. Includes Rapids School of Welding at Marton Is.
Classified listings showcase 1937 Chevrolet Master deluxe 4 door sedan with heater defroster trunk clock dual horns tail lights sun visors and mohair upholstery. Also 1936 Plymouth Ford Tudor 1939 Oldsmobile touring coach 1937 Plymouth deluxe 4 door sedan plus 1938 Buick 41 with radio heater and trunk. many vehicles priced under 200 dollars or noted as must sell.
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