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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 18, 1941
Page
2
Chicago and regional market news show hog prices led declines, with the week ending noted for the sharpest drop in over two years. Receipts rose while wholesale pork prices eased. government purchases helped limit losses. Cattle and sheep markets were mixed with steers and feeders uneven and fat lambs strengthening slightly.
Receipts show hogs and cattle steady to mixed across markets. Bulk loads of choice steers trade near 9.50 for 4100 head, with calves and yearlings varying by weight. Hog shipments around 1 000 to 2 000 head reflect steady to mixed demand, while lambs and feeders show modest gains and firm prices at select yards.
Market notes show hog prices steady with Packers in advance trade. Trading ranges and quality details are mixed, listing figures like 75 99 and 1050 in ambiguous terms.
A broad listing from Cedar Rapids shows grain prices for No 1 Wheat at 100 dollars per hundredweight, nearby feeds like oats and barley with various grades, soybeans at 142 cents, and corn at 39 cents. Market items include produce such as celery, lemons, onions, and apples with per crate or per unit prices, plus hides, calves, and horse values.
Chicago market notes show eggs receipts around 6 100 with steady prices and potato arrivals about 89 on track. Idaho russet and Burbank varieties feature strong demand for best quality with prices listed including US No 3 187 2 205 Nebraska Bliss Triumphs 190 Colorado McClures 175 Minnesota North Dakota Triumphs 105 175 and Ohio early varieties 120. Furnished by Lamson Bros and Co with storage standards and refrigeration figures for November December.
New York shares edged higher as investors viewed the Japanese situation less ominously. Steel and chemical stocks led gains with Dow Chemical and Boeing up, while Douglas, Consolidated, and United rose. Rails and utilities inched up amid selective advances across several sectors.
The Panamanian government announced on Friday the dismissal of Dr Francisco Villalaz from his post as minister to Germany the Netherlands and Poland. Villalaz, a longtime ally of ousted President Arnulfo Arias, was reportedly a war sympathizer.
Wheat futures on the Chicago Board of Trade extended Friday's gains in a short Saturday session, rising 2 to 3 cents a bushel with December near 1.134. Soybeans led the rally, up about 6 cents at times, while corn and rye also advanced on broad demand and favorable market tone. Profit-taking trimmed gains later as trade remained supportive from milling demand and pro surrounding markets.
A chaotic listing from Chicago shows cash prices for wheat No 3 red and white varieties, oats, barley, and soybeans with mixed figures. Also cited are field seeds including timothy and red clover and cash lard prices, reflecting a broad commodities snapshot.
New York bond review notes prices steadied with most gains in late hours and a cautious rally in stocks. Long term U S treasuries rose slightly while over the counter activity showed idle government action. American Telephone led corporate volume near 1.5 million face value with a large block unchanged from the prior close. Shell Union 24 25 Southern Pacific 44 48s 1969 and Southern Pacific 14s improved, while Northern Pacific 45 Milwaukee Railway 53 and Youngstown Sheet and Tube 18 posted lower quotes. The foreten ist was quiet.
The Plymouth Wisconsin cheese notes show weekly prices for cheddar and related products with percentages. Boston wool market reports demand shifts with government orders driving activity and prices for graded territory and French combing wools, including greasy and scoured basis price ranges.
In New York NBC and CBS announced the settlement of a Pittsburgh strike by the American Federation of Musicians. NBC and CBS said normal operations would resume at once on their networks after the Wednesday disruption. Pennyworth and Petrillo had clashed over employment of musicians on sustaining shows.
Roy Harrison Cone a 49 year old painter and paper hanger died Friday at his Marion home after illness. Funeral services are set for Sunday at 2 p.m. at Yocom chapel with burial in Oak Shade. The notice also lists family arrivals, social clubs, church events, and local visits from Marion residents, along with short notes on patients and community notices.
Local church listings show multiple congregations with service times, Sunday schools, and special activities. Notable pastors include Rev. L W Inman Joseph Catholic Rev T J McElIott and Rev Vernon I Carter, with details for Baptist, Christian, Congregational, Free Methodist, Methodist, Presbyterian, Lutheran, Seventh Day Church of God, Prairie Chapel, and Alburnett Methodist services.
Washington AP report states the Duke and Duchess of Windsor did not visit the Capitol as planned prompting Mrs. Mabel Anderson to present roses and tea to stray tourists. Congress members including Sol Bloom and Mundt had arranged a Red Cross display visit. The embassy later said the royal couple could not attend.
Cascade seeks 9397 in district court against Iowa Electric over temporary injunctions blocking a municipal power plant. Counts claim unlawful injunctions cost $3600 use loss, $1049.12 legal fees, $1816.64 additional costs, $605 plus $35 bid readvertising, and $1600 legal costs. Representation by E. K Kean Czizek and Czizek.
The Iowa Numismatic association holds its fall convention in Cedar Rapids with the Cedar Rapids Coin club and Cedar Rapids Stamp club hosting. Exhibits include L. B. Gettys frames of American bank notes, Mrs C. D. Pierce mint Columbia stamps, and Roy Jackman one cent stamps from the American Educator issue. Visitors include Leon Belt and collectors from Chicago, St. Louis, and New York City as the show opens to the public.
Eva Fuller 23 of Liscomb Iowa died in a Friday night auto collision near Ames. Ruth Pfeiffer 25 of Fayette Iowa was injured and taken to a Nevada hospital. Elise Severson and Dorothy Jacques also injured lightly. E H Abbott of Ames escaped unhurt with two passengers Frank Larson and Frank Kellner treated for minor injuries. All four women taught at Liscomb.
Former President Herbert Hoover will address listeners Sunday night between 7 and 730 over the Mutual system. The speech, titled Can Europe s Children Be Saved, is sponsored by the Hoover Committee to Feed the Small Democracies.
Research engineers report over 100 million dirt particles in one cubic foot of air in the city. The surprising concentration highlights pollution levels and indoor air quality concerns for residents and authorities.
A cluttered page lists cash for diamonds watches gold and other items from Katz Jewelry and Loan Co. Local ads promote repairs, hat styling, fur and jewelry care, trucking and hauling, printing, insurance, vitamin and medical products, plus home services like roofing, cement work, painting, and furniture cleaning.
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