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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 02, 1941
Page
10
Chicago and Midwest livestock data show Friday's unsettled tone deepening into a 10 to 25 cent hog price drop with top values around 11.40, cattle mostly steady to lower, lambs higher. Receipts and quotes span hogs, cattle and sheep across Chicago, Omaha, St Paul and Iowa markets with varied regional results.
Iowa hog receipts in interior yards and southern Minnesota for the 48 hour period ended Tuesday totaled 26,500, down from 31,200 a year ago. Barrows and gilts 140-160 Ibs mostly 0 to 15 cents lower. various weight ranges show declines or steady bids with top around 11.50 for heavier hogs. Sioux City livestock reports mixed cattle, hogs, and sheep prices with receipts around 3,500 hogs and 3,590 cattle, noting firmness for some beef grades and gains for light calves and stockers. Peoria summaries show hogs steady to 25 cents lower, cattle steady to weak, and calves holding near 12 dollars.
After several days of stability the local hog market fell by 10 cents on all grades. Prices listed show long haul top at 11.55 and various weights for good hogs and packers, with mixed updates across cattle and sheep markets including steer heifers and lambs at stated ranges.
Grain and produce prices listed for Cedar Rapids include No 2 wheat 95c per bushel, oats 37c, rye 61c, barley 35 45c, soybeans 1.35, lemons 5.50, oranges 4.78, grapefruits 3.75, celery 60c, lettuce 1.25, potatoes 2.35, duchess apples 1.35, and several fruit prices. Hides and livestock values show No 1 cured hides 10 4c, No 2 cured hides 6c, kip and horse prices, with a note mentioning a pony at half price.
Plymouth Wisconsin reports cheese quotations for the week of September 1 to 6 with dealers' cheese exchange listing twins 22 12, cheddars 22 2. News notes the wool market was slow with the USDA reporting few sales and prices stable for medium fleece and combing wools, and unchanged greasy fleece quotations for blood bright wools.
New York stocks rose modestly in a cautious session led by aircraft and steel shares. The market totaled about 550000 shares, with several issues hitting new highs for 1941 including Consolidated Aircraft Boeing Pan American Airways Twentieth Century Fox and Paramount Pictures. Major gainers included United States Steel Chrysler General Motors Pennsylvania Southern Pacific and American Smelting while Western Union Consolidated Edison New York Central Phelps Dodge United States Rubber Yellow Cab General Electric and Dow Chemical lagged.
Dr Jesse H. Newton 59 director of the division of foundations of education at Columbia University Teachers College died of a heart ailment Monday in New Hope, Pennsylvania. He served in education research and leadership for decades.
Soybeans surged 6 cents to the best level since May 1937 on the Chicago board of trade amid firmer cotton and cottonseed oil, later easing as selling slowed the advance. October futures around 1.635 to 1.6445, with grain futures mixed and cash quotes showing No 2 yellow soybeans around 17.6.
Receipts two cars and 33 trucks keep markets steady with hens, Leghorn, and Plymouth Rock varieties priced from 10c to 19c. Butter and eggs show steady to firm changes. New York reports egg and butter prices with storage standards and cheese and potato listings.
New York reports uneven gains in corporate bonds and little movement in U S government issues. Federal Farm and Home Owners bonds show fractional changes as traders note weakness in Latin American issues while utilities, railroads, and industrials edge higher in limited sessions.
OTTUMWA Iowa AP A A Couch president of the Iowa Federation of Labor urged Monday that labor back the government and advance every cent possible on the purchase of defense bonds in his Labor day address He said we have a definite part in America today and should not stay at home despite some in our ranks who oppose going across the sea.
Iowa ends license renewals without exams. Licenses will be issued only after proper tests. 954,191 applications filed with about 400,000 licenses mailed. Three shifts operate 24 hours daily in the drivers license division.
A complete blackout of Manchester’s business district and residences caused an estimated loss of 1800 to 2500 dollars after Joy Himebaugh backed into a guy wire by the Maquoketa River. The high line fell into the river, triggering a short circuit and forcing boats to connect lines from opposite shores near the West Marion street plant. Some stores closed early.
Iowa 3 cent gasoline tax brought in 1,800,782 in August marking an all time August high. Year to date receipts reached 11,841,029 with refunds totaling 366,607 or nine percent above July. Refunds apply to fuel used for tractors airplanes and other non road uses.
VINTON The annual Vinton Sweet Corn Day featured a noon serving of buttered corn for an 8 000 to 10 000 crowd. Prizes were awarded in parade divisions including Pets won by Rose Marie Thompson and Boys Bicycles won by Gary Gibson.
Ray Spatz 32 of Booneville resigns as assistant superintendent of motor vehicles in the Iowa department of public safety after two years. He will become assistant secretary of the Iowa Automobile Dealers association, with the new role effective September 15. Spatz previously served as a state organizer for the Iowa Young Republicans in 1938.
Nancy Lou Van Lanningham, a 3 year old daughter of Thurman and wife Van Lanningham of Byron township, died in Independence hospital from internal injuries received when a gravel truck rear wheel passed over her last Thursday after she fell from the vehicle.
Extended forecast from 6 30 p m Tuesday Sept 2 to 6 30 p m Saturday Sept 6 shows above normal temperatures overall with near normal in northern Wisconsin and Minnesota. Rainfall will be moderate to locally heavy in Minnesota and nearby areas due to recurrent thunderstorms.
Des Moines reports Col. Robert Fulton says Iowa must provide 1200 inductees in October with the Seventh Corps area in Omaha requesting 450 more replacements from Iowa. The mobilization officer notes the state is meeting a national order from Washington.
The Gazette notes no responsibility after first insertion and outlines phone acceptability for Cedar Rapids subscribers. It lists ad pricing by word count and days, with special rates for work wanted, and requires payment in advance by mail with box numbers incur an extra 10 cent charge for out of town blind ads.
The October allocations will raise the total number of Iowans inducted into military service since November 11, 1940 to nearly 14,000. The note frames the shift as replacing earlier inductees who failed to qualify or were not accepted for service.
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