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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 15, 1940
Page
8
Chicago stock trends show gains across three livestock groups with steady to higher bids. Hogs see mixed to higher prices with loads around 180 to 300 pounds, cattle and sheep receipts vary by market, while regional reports from Des Moines Omaha and Sioux City indicate steady demand for fed cattle and feeders.
The report lists bids and prices for cattle hogs sheep and lambs with varied quotations. Heavy steer weights range around 425 to 600 pounds with prices near 5.59 per cwt. Feeder calves and heifers appear at multiple price points including 190 to 190 for good stock. Purchases show demand fluctuating with weeks and farmyard buyers adjusting offers.
Hogs receipts 4 ono active barrages and elites 106129 cents higher top 5 a bulk end and choice 200 280 lbs 639458 I7M 2N0 b Senow 635 few heights down to 2473 park ine sows mostly 104715 cents her Raodd lente 6006 15 bain 350 500 Ibs 5 Fan BRS CATTLE Receipts 350 caves 200 feet steers and heifers strong to 25 cents higher few earls steers 1000 1100 and ots good steers held above 1150 heifers 1000 F100 SHEEP receipts 250 smuchter lambs about steady lew good ots 80 0%8 73 best held to 900.
Local hog market climbs with a 5 cent rise across all grades. Top no fill hogs fetch around 6 dollars, while buyers report activity in multiple weight classes from 140 to 300 pounds and a broad mix of packers and merchants involved in price discovery and trade.
New York gains capped a volatile session as steel and utility shares led a late rally after midday weakness. Major movers included US Steel, Montgomery Ward, Chrysler, Bethlehem Steel, North American, Consolidated Edison, Kennecott and General Electric amid buying with around 500000 shares traded. Transport issues troubled Johns Manville, Caterpillar Tractor, General Motors, American Smelting, United Aircraft and American Can.
Wheat futures encountered selling on the Chicago Board of Trade with prices mostly just below Monday's close. A late upturn nudged values to near the prior session, while corn and oats moved little or declined slightly. Soybeans finished unchanged to slightly down as late hedging weighed. Cash bids showed No 2 yellow corn around 63 to 66 cents, No 2 hard red winter wheat around mid 80s, and No 3 white oats about 42 to 44 cents per bushel locally. Minneapolis cash grain mixed with receipts rising and quotes steady to firmer for some classes.
A Cedar Rapids market list shows prices for grains including Wheat No 1 No 2 No 2 28e No 8 26c Rye No 2 3ie Barley No 3 35 45c and oats. It covers hay straw poultry fruits vegetables and hides with figures for lemons oranges grapes pears and apples.
Wisconsin cheese quotations for Oct 14-19 show cheddar and related varieties with prices listed for large brick, daisies and commodores. A separate Boston market report notes firm prices for western and Texas wools with scoured values around $1.02 to $1.05 per pound.
Markets report mixed gains and steady levels for butter eggs and butter substitutes across Chicago New York and Providence. Cheese eggs and dairy products show steady receipts and varied price ranges with regional listings for Russet potatoes and U S No 1 grades, while freight and supply shifts reflect heavier demand and stable markets.
New York bond prices fell slightly on Tuesday with some gains erased by midday. Railroads led losses though declines rarely exceeded one point as buyers stayed cautious amid slim domestic business news and global event concerns. Strong performers included Kansas City Southern and Western Union while Sao Paulo stamped 7s and Abitibi Paper 5s showed notable activity in the foreign dollar list.
The report shows Dow Jones averages with minor movements as bonds slip slightly. Industrial shares gain modestly while rails and public utilities see small upticks. Overall, 40 bonds fall 0.04, rails rise 0.10, and utilities edge up 0.14 in early trading.
World oil production has exceeded 35 billion barrels since the start of commercial extraction in 1859. The milestone marks a long era of energy development, with output expanding through industrial growth and evolving drilling methods across nations and continents.
Secretary of State Cordell Hull confirmed Ambassador Joseph P Kennedy will return to Washington from London for report and consultation. He said Kennedy is coming here soon to brief and discuss matters with authorities.
The theft of 186 dollars of amplifying equipment from Immaculate Conception Church on Third Avenue and Tenth Street SE was reported to Detective Tom Condon. The pulpit microphone worth 35 dollars was taken after wires to the altar amplifier were cut. the record turntable and chassis numbered 39 30 288 valued at 151 remain missing.
The fire department responded twice on Monday. At 2:45 P.M. a blaze in the rear roof of Syl Mostek grocery store at 1887 Sixth Avenue was caused by chimney sparks with minor shingle damage. At 6:45 P.M. a fire at Leonard Burrows’s remodeled railroad foreman’s car apartment at 302 Twenty-second Street destroyed the interior contents, including clothing and camera gear, with total damage not yet estimated.
Mrs Tucile Christie RN of Marton heads Linn County outside Cedar Rapids tuberculous survey calling former sanatorium patients and known cases and their contacts to test. Positive reactors receive A rays and further exams. those unable to pay are helped by Christmas Seal funds.
Funeral services were held Sunday at Yocom chapel for Robert L Gillmore who died Thursday at his Miller South Dakota home. Rev J Clyde of Prairie Chapel officiated. Burial in Oak Shade cemetery. Pallbearers named. Widow Ollie McClain ill remained in Marion. Out of town relatives included Thomas Harvey of Rockford and New Schmider of Los Angeles plus Gillmore family members from Center Point Tipton and other locales. Milwaukee Service clubs banquet attendees from Cedar Rapids Marion Savanna Davenport Clinton Dubuque joined fifty Milwaukee Railroad employees on a special train to Maquoketa.
Verne Louis Balster from Marion high school second football team fractured a bone in his left foot Saturday while playing against Wilson high school. He is housed in a cast at home. Several social items follow including visits by Mrs Anna McCormick of Excelsior Springs and meals with the Richardsons in Polo. Community events listed: Tuckabache club picnic at Mrs Forrest Blackford home and Methodist church choir rehearsal moved to 7 pm. A King’s Daughters circle met, and a Boy Scouts court of honor was attended by local families. A newborn son to Mr and Mrs Irvin Schmickle of Lafayette was recorded at St Luke's hospital Cedar Rapids. Marion merchants and Chamber of Commerce plan a luncheon at Hallwood cafe.
Cedar Rapids attorney Carl Hendrickson spoke to Marion Women's Republican club about preserving the American way of life amid national debt concerns. The gathering featured prayers, pledge, and an original Willkie campaign song, with election talk focused on the November 5 ballot.
A local notice outlines upcoming events and personal items. Prof Max Daehler of Cre College will speak at tonight’s meeting. Several residents have family updates including Marian Van Fossen taking a hospital post in Rochester Minnesota and Dorothy Haffa traveling to Waterloo to tend a ill mother. Mrs NR Beall visits, and local clubs and lodges schedule gatherings.
London reports that the British cruiser Ajax sunk two Italian destroyers off Sicily on Saturday. Ajax then engaged an enemy force with one heavy cruiser and four destroyers, crippling one destroyer. Ajax helped chase the Graf Spee into the river Plate last December.
A clipped classified page combines funeral home contact details with various want ads. Entries mention Edward R. Kuba as funeral director and include numerous ads for jewelry, watches, loans, auction-like sales, and employment opportunities, reflecting a bustling midcentury community classifieds section.
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