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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 29, 1941
Page
20
Continued firmness in wholesale pork showed in the Chicago live hog market with prices steady to five cents higher in spots. Dressed pork improved this week, lightweight cattle steady, lamb bidding weak, and steers showing uneven demand across weights.
Receipts U.S. cattle and hog marketsmixed with varied bids and steady to higher prices. Cattle and feeder demand steady while hogs show light gains in Des Moines Austin and Peoria reports. Lambs and sheep trade sluggish with bid weak to steady, prices listed for multiple weight ranges and regions.
Hog prices remain steady across weight classes with top hogs at 10.10 per cwt and packers offered between 9.20 and 9.90. Cattle and calf markets show mixed ranges from 9.00 to 12.00 for steers and heifers with calves up to 12.50. Sheep prices reflect spring lambs around 10.50 with other weights varying by quality.
Market notes list No 1 wheat at 100, No 2 at 9 1/2c, oats 40c, corn 40c, soybeans 143c, hay and straw per bale 9 to 12 cents, and various poultry prices for Leghorns and hens. Fruit and produce include Colorado celery 8 1/2c, lemons 7.00, oranges 1.25 to 2.25, Jonathan apples 1.75, cauliflower 3.50, sweet potatoes 1.40 per crate, plus hides and livestock prices forming a general commodities roundup.
Wisconsin cheese exchange lists weekly quotes for Oct 27 to Nov 1 with items like twins 2344c dassle 24c horns 24c cheddar 23c. Boston wool market quiet with limited demand for mill and topmaker needs. Graded combing and clothing wools sold at various scoured basis prices from 68c to 108c.
New York stocks showed uneven action with only modest gains and losses across sectors. Early steel rotation suggested a broader rise but faded. most declines were narrow while gains clustered around Boeing Douglas Sperry Westinghouse Kennecott and Bethlehem Steel with support from several issues.
U S bonds edged higher while corporate issues showed tepid gains. American Telephone 3s International Telephone 53s Warren Brothers 65 and New York Central 5s led corporate improves, while German and Australian issues declined and Latin American government bonds stayed strong. District of Columbia area noted as 69 square miles.
Grain and soybean futures rose sharply on the Chicago board of trade with soybeans up six cents before the upturn paused. Soybeans finished at session highs with gains of 514 to 6 cents. December at 1.59 41.60. Wheat rose 114 to 154 cents. December 145-34. Corn up 44 to 154. December 7655-44. Other North American wheat markets remained firm.
Winnipeg wheat prices show open high low and close near 0.7254 to 0. until Oct and Dec figures around 0.7344 with May at 0.77. Chicago cash provisions list No. 2 mixed wheat and No. 2 yellow corn and various barley and field seed quotes with timothy and clover values.
Chicago markets show unsettled poultry receipts with various price gains and declines. Butter and eggs move mixed amid sizable receipts while cheese holds. potato values firm with multiple regional varieties listed alongside New York trends and river stage data.
Congressional hearing reveals that nearly all metal using industries face job losses due to priority allocation for defense. Douglas Brown of the OPM notes shortages will affect basics like steel and cast iron, with uneven impacts across regions and sectors. He cites auto salesmen likely harmed by reduced auto production and reports 35 communities studied, 11 receiving remedial action, while 500 others are being watched. Thompson breaks ankle in touch football incident.
A dense paste of classified listings includes lost pets and items with rewards, plus multiple job wants and help-wunter ads. Entries reference names and phone numbers, shops, and local streets across Des Moines corridors.
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