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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 04, 1941
Page
2
Chicago market news notes increased receipts and weak dressed pork prices pressing hog quotations, yet limited trade left prices steady. Hog top remains at 11.35 while dressed beef shows uneven moves, with some weights down a cent and others up seven cents. Grain quotations from Lamson Brothers accompany the report.
Across Chicago and states like Iowa and Nebraska, hog receipts mix with cattle and sheep reports. Prices steady to mixed with hogs chiefly 9.25 to 11.50 per hundred pounds, cattle prices largely steady to higher for fed steers and yearlings, while sows and lower grades soften. Ohio, Iowa, and Nebraska yards show regional shifts in weights and classes with varied top bids and steady demand.
Hog prices moved slightly higher Saturday as all grades gained 4 cents. The long haul no fill top stands at 11 dollars. Sheep market notes include genuine spring ramps and varied bids from 75 to 50 dollars for Buck, with units differing by quality.
The Cedar Rapids market lists grains with prices for Wheat No 1 at 1.902 dollars, No 2 at 0.96, Oats new white No 2 at 0.42 and No 3 at 0.40, Rye No 2 at 0.35, Barley No 335 at 0.45, Corn shelled No 2 yellow at 0.62 and No 3 at 0.60, Soybeans No 2 yellow at 1.58. Straw and hay prices appear, with poultry rates for various weights and breeds, plus fruit and vegetable prices including celery, lemons, oranges, lettuce, onions, cabbage, carrots, potatoes, and apples. Hide prices for No 1 and No 2 cured hides, calf hides, kip hides, and horse hides are listed, with additional notes on manes and tail work and pony glue.
New York bond market opened with strong gains as Merchants 65 bonds led by rising over 9 points after word the Reconstruction Finance Corp approved 11.469 million to retire the bonds at par. Governments fell slightly amid a broader uptick in over the counter trading while New York Central 34 8 and New England railroads posted solid gains.
Chicago market notes no sales for poultry while butter receipts reach 912 thousand pounds. eggs show firm values for extra firsts and current Tecempts. cheese quotes list Twins and daisies at 25 to 35 cents. onions prices and arrivals list Idaho Burbanks, Red River Valley Bilss Triumphs and Chippewas with washed and unwashed varieties and varying dollar prices.
New York reports a clouded stock market with rails and specialties brightening while broader trends stayed murky. Early activity slowed with scattered small gains but most stocks unchanged as the close approached. Notable gainers included Santa Fe Southern Pacific Dow Chemical Allied Chemical Phelps Dodge Texaco J C Penney and Glenn Martin. Backward movers included Chrysler Goodrich Montgomery Ward Sears Roebuck Youngstown Sheet and American Can.
Chief of Police Tom Condon warned youngsters against vandalism noting several reports of vandalism. Prowl cars will arrest offenders and bring them to the station to face charges in court. He urged parents to monitor children after dark to avert vandalism.
Detroit based General Motors announces moving non defense workers to defense production to reduce unemployment from auto production cuts. Employees maintain seniority under the plan.
Wheat prices declined fractionally on the Chicago board of trade with early losses nearly erased by rallies. Soybeans rebounded, and grains broadly moved with wheat. December wheat near 120.39 to 121.00 a bushel, corn down, oats and rye mixed, cash wheat prices and field seeds listed, with lard quotes also noted.
Wisconsin cheese quotations for the week of October eight to thirteen show Wisconsin squares at 24 cents twins 23 4? daisies 24 cents horns 24 cents and cheddars 23 4 cents. The Boston wool market report notes subdued demand with small graded tool lots, fine delaine fleece at 41 to 44 cents per pound grease basis, Ohio half blood wool at 43 to 45 cents, and three eighths to quarter blood bright fleeces mostly selling around 47 to 50 cents, grease basis.
WOW CHAPLIN notes that wartime planning includes secret shadow plants and camouflaged airfields. Britain pioneered the concept to sustain output during blitz, and Canada joins a North American defense system to rapidly deploy Royal Canadian Air Force and U S Army Air Corps from hidden bases to meet potential aerial attacks on Alaska or British Columbia.
Members of St Ignatius Conclave of the Knights of the Red Cross of Constantine convened in the Consistory building for their annual meeting. Knights and their ladies from across Iowa attended a 7 p.m. banquet at the Roosevelt hotel with Charles C. Clark of Burlington as banquet speaker.
Correction to Friday's Gazette reports Norway-not Walford won the game played Wednesday at Walford with a 9 to 1 score. Norway’s RHE led with a strong performance while Walford’s Hovland, R. Waschoff, Tehel, Snell and Erze contributed on defense and offense.
The Federal Power Commission disclosed on Friday it was weighing a plan to ration electricity to industries across a large portion of New England to address a power shortage and ensure energy for vital defense plants.
The hurricane warning system reports a new tropical storm about 625 miles east-southeast of Miami, increasing in intensity and moving west-northwest. Bahama island residents are urged to stay alert and monitor advisories.
James Edward Burris 84 died Saturday at 1 56 a m at his daughter Mrs E C Foxs home 1165 Fourth avenue after two weeks illness He was born June 19 1857 in Sheffield Illinois He lived in Benton County Iowa and Cherokee and Cedar Rapids later moving to Marion in 1933 He was a jeweler and real estate man member of Cherokee Presbyterian Church He married Alice Adella Scott in 1878 who died in 1936 Survived by two daughters Mrs Etta Fletcher Watseka Illinois and Mrs Grace Fox Marion one granddaughter Leona Collins one great granddaughter Alice Jean Collins and brother C A Burris of Garrison Funeral at Yocom chapel Monday at 2 pm Rev C V R DeJong officiating Burial Oak Shade Cemetery
Area churches publish a joint schedule with details for Bible school at 9:45 a.m. and worship services from 10:45 a.m. to 7:30 p.m. The observance includes the World Wide Communion and Holy Communion, with various congregations listing pastors and program times across Marion.
Elkader high school defeated Fayette’s defending champions 12 to 7 in a Upper Iowa conference game. Boyd Huggins opened with a 15 yard TD run, followed by a 20 yard pass Ken Smith to Jim Stewart for the second score. Ted Johnson added the Peacocks’ only TD with a 25 yard run.
Wellman blanked Wapello 25-0 as the Wellman eleven controlled the game from start to finish. Touchdowns came from Moothart with two scores and Wade and Ott also reached the end zone, delivering a decisive victory for Wellman.
Fairfax Gun club will be open after 2 o'clock Sunday afternoon for a practice shoot.
A dense column of classified notices and advertisements runs across the page. It includes reward offers, jewelers, insurance, repairs, and job listings for ministers, mechanics, sales clerks, and maids. The item highlights consumer services and employment opportunities from The Gazette’s want ads.
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