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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 01, 1940
Page
6
Market news from Chicago to Des Moines and beyond shows hogs steady to higher with top around 6.60 while cattle and sheep receipts and quotes vary by yard. Reports cite packers steady or slightly up on many classes with mixed wholesale demand and weekly shifts across several major livestock centers.
Receipts 2,300 hogs and 2,500 cattle with active bidding. Barrows and gilts steady to higher. 200-260 lb hogs mostly 6.10 to 6.35. Cattle mostly steady to slow, calves led by choice yearlings around 12.90 and 13.00 for 1309 lb steers. Sheep receipts 2,700 with openings steady and lambs selling up to 8.75.
Heavy porkers on the local market are 5 to 10 cents higher. lighter prime hog grades steady with top at 625 dollars. Cattle market lists choices from 10 to 12 dollars per hundredweight for steers and yearlings, with calves and lambs priced by quality and weight.
Agricultural prices list for Cedar Rapids shows Wheat No 1 and No 2, Oats, Rye, Barley, Soybeans, and straw values, plus poultry prices for Springs, Leghorns, Broilers, and hens. Wholesale fruits and vegetables list lemons to cranberries, with hides, calves, horses, and ponies priced. market items include Jonathan apples and sweet potatoes.
New York bond review shows Italian and Japanese loans dropping while domestic corporates rise. Rails lead gains in the domestic list with utilities and industrials posting modest increases as government issues edge up in light trading.
Buyers supported pivotal industrials and rails on Tuesday with a morning surge past three points before profit-taking pared gains. Steel leaders led while carriers and various specialties chased, transfers reached about 800,000 shares for the session. Notable issues included American Woolen General Steel Castings Pittsburgh Steel Pacific Coast Co US Steel Bethlehem Chrysler Douglas Aircraft and others.
Tuesday stock quotes published including Adams Express Johns Manville Allied Chem Kennecott Allied Stores Westinghouse Amn Power and Light and many others from Wall Street. The listing encompasses numerous corporations with share figures and prices across major sectors and exchanges.
The U S agriculture department said fine territory wools show fairly strong demand. Graded French combing fine territory wools bring 92 to 95 cents scoured basis. Fine territory wools in original bale bring 92 to 94 cents scoured basis. Good French combing lengths fetch 90 to 92 cents scoured. Twelve months Texas wools sell for 90 to 95 cents scoured.
Wheat prices eased to near prior close after an early surge on the Chicago Board of Trade. December wheat 82 38, corn up about a half to five eighths, oats and rye mixed, soybeans up around a half. Kansas City and Minneapolis wheat followed the trend with a strong opener fading to gains, Winnipeg wheat steady. Cash futures show modest advances amid dull opening trade.
Markets report weak hens and various fowl prices in Chicago with Plymouth Rock and White Rock chicks, and eggs and butter prices in New York and Chicago. Also notes on potatoes imports US shipments and storage standards for butter and eggs.
Deputy Sheriff Harlan Snyder investigated a break in at the Paul Norton tavern in Coggon. Thieves tore a screen and pried a partly opened window to gain entry sometime between midnight Saturday and 10 a.m. Sunday, stealing about $15 in silver from the cash register. Report reached the sheriff Monday.
Judge J E Heiserman and a jury heard testimony in an $11 722.50 damage suit filed by William Cosselman an 80 year old Bremer county farmer against Cedar Rapids man Lee Juen The accident occurred Nov 12 1938 when a car owned by Titen struck his wagon at the Fayette Bremer county line Readable witnesses included Roy Cosselman Forrest A Lavelle Sheriff A J Kutschat Clyde Ham Mildred Cosselman Russell Getz and Elmer Primus
E T McCarthy the Victor business operator for the plaintiff Cities Service Oil Company filed a $5310 counterclaim in the $304.43 account suit of D C McCormac as assignee. He alleges tank leakage caused a $310 loss and that a fall while servicing a tank left him injured.
Walter M Wagegener, 26, of Cedar Rapids, charged with operating a motor vehicle while intoxicated, pled not guilty before Judge John.
Police arrested Moffit Tuesday after a crash involving his car and another driven by Theodore Falr Route No. 1 Cedar Rapids at F avenue and Fourth street NW. Bond set at 500 dollars with trial of a 29797 note suit opening before Judge John T Moffit and a jury. Sherman Freeman sues. Earl Blackford and Gladys Blackford seek unwarranted attachment in the note suit claiming 600 dollars actual and 1900 dollars exemplary damages.
Police investigated vandalism reports at Troy Mills school lands after a car reportedly tore through a fence and damaged a flower bed. A Guaranty Bank mortgage action against Atwaters was dismissed before Judge Ring. Judge Moffit ordered confession judgment of 2023 in a note suit favoring E R Paul against Arnold and Henrietta Nielsen.
The Gazette records a Castalia family reunion at Mr and Mrs W J Timmerman celebrating their twenty fifth wedding anniversary. Other items include farewells for Rev Harold Knight, weddings in Anamosa, a Chelsea auto accident, Riverside school officers, Decorah funeral, large confirmation at West Union, Wapello Juniors play, and society group news from Ryan.
Officers elected include President Mrs Henry Carrothers and others across missionary education social relation young womens work and publications. An announcement from Elberon notes the Sept 27 marriage of Marcella Graham of Wellsburg to Harold W Creps of Wellsburg, formerly of this vicinity.
Near Eagle Grove Iowa three of Dan F Will and wife Willson signed enlistment papers at a Fort Dodge army recruiting station. Walter D Will 27 Frank C Will 24 and Warren W Will 20 joined with their father’s support. The father said he keeps the youngest son on the farm to help with work during the crisis.
DES MOINES Iowa Frank Miles editor of the Iowa Legionaire and a captain in the national guard was ordered to active duty by Adj Gen Charles H Grahl. Miles will head information service for the press and public. He has long served as a guard member and was a sailor in World War I.
The excerpt lists internal ad policies and a long string of miscellaneous classified entries from The Cedar Rapids Gazette. It includes ad deadlines, rates, funeral home notices, lost and found items, services offered, and contact details for various local businesses and individuals.
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