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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 03, 1941
Page
8
Chicago reports hog prices up 10 to 20 cents in a fairly active market while lambs gain 25 to 35 cents and choice westerns top at 1315. Cattle stay steady to strong amid official Thursday receipts estimates and representative sales data show varied steers and cows across multiple lots.
Receipts in Chicago and other markets show cattle calves hogs and sheep trading with gains for some weight classes. Top hogs reach around 12.00 while cattle and lambs show varied strength across regions including Omaha St Paul Sioux City and Iowa markets.
Des Moines reports 24 hour hog receipts at 19 concentration yards and 11 packing plants in interior Iowa and southern Minnesota totaling 19,000, down from 20,600 last week and 25,200 a year ago. Prices listed for barrows sows and pigs vary, with gains around 10 to 20 cents in many weight classes. Austin Minnesota also notes varied quotes across weight ranges, reflecting steady to firmer demand.
HOGS receipts 1,250 with higher bids on lights and butchers at 10% to 20 cents. Top hog price $11.85 with bulk 170-230 lb hogs around $11.60. Sows higher. CATTLE receipts 300. steady market. Merit steers around $12.00. beef cows $7.00-$8.78. stock steer calves about $13.00. CALVES sold 200. vealers steady near $14.00 and $13.50 bulk. SHEEP receipts 550. spring lambs active and steady with bulk $10.50-$12.00. top $12.15. ewes steady to higher.
Hogs strengthened on the local market Wednesday after a 10 cent rise in all grades. The long haul no fill top is listed at 11.65. Sheep market notes mention Genuine if Spring Jambs 75-90 lbs at 10.50 and others priced by quality.
Market page lists prices for grains from No. 3 wheat 97 cents to No. 2 oats 37 cents, soybeans $1.40, and barley 35 to 45 cents. Poultry items include spring chicks, various hens, and pullets with prices. vegetables command quoted wholesale rates for lemons, oranges, grapefruit, celery, lettuce, onions, cabbage, carrots, and apples. Hide and leather values show ranges for cured hides, calf hides, kip, and horse hides.
Verses describe Plymouth Wisconsin cheese quota for Sept 1-6 with dealers exchange rates for various cheeses. Boston market notes scattered sales of bright wools and delaine prices in the grease, plus bids for blood grades and territory wools amid moderate volume.
New York stocks drifted lower on Wednesday as bullish trends faded. After an irregular open, a general selling pace through midday turned to modest losses. Steel names remained weak with some resistance near the close as investors weighed tax bill questions and US Japan Far Eastern tensions. Major drags included U S Steel Bethlehem Boeing Douglas United Aircraft Consolidated Aircraft Westinghouse Union Carbide and Standard Oil. Strongers included Anaconda Woolworth and Allied Chemical.
Wall Street quotations show a dense list of tickers from Allied Stores to Union Carbide with prices and percentage changes. The Chicago stock quotations include many rails, utilities, and industrials with final averages and a note on Wednesday transactions and volume.
Wheat futures closed at the day’s high after a late rally with all deliveries posting new seasonal peaks. Grains rose in sympathy with wheat as traders covered shorts amid loan program optimism and continued commodity strength. September wheat at 1.1454-1.1444, corn up 0.34, oats 3.5, rye 0.31, soybeans up to 1.14 higher.
Chicago market notes show cash wheat prices for No. 1 hard at $1.15 a bushel and No. 2 at $1.1334, with No. 2 red at $1.1334 and No. 2 mixed at $1.12. Corn prices range from 75 to 76 cents for various grades, oats around 41 to 43 cents, barley near 62 to 72 cents, and field seed including timothy at about $9.75 per hundredweight. Lard prices reach about $10.52 per hundredweight for loose lard and $10.30 for bellics.
A dense compilation of local ads and service notices. It lists buy/sell offers for jewelry cameras watches and musical instruments, repair services, beauty and dress services, car and home maintenance, and classified job ads including farm and household positions. It also includes general instructions for readers and advertisers.
Market updates from Chicago note strong demand as 25 trucks back market activity. Prices listed for hens ducks fryers and butter with receipts and quotes in cents per pound or per dozen, plus New York figures for butter cheese eggs and produce futures for November to December.
U S bond markets show modest strength with Treasury notes edging higher and corporate bonds advancing after over 1 billion dollars in tax anticipation notes sales last month. Key issues including Standard Oil New Jersey 3s Shell Union 225 Northern Pacific 4s and Commonwealth Edison Convertible 3 428 4 drive activity while U S government bonds close with Treasury 34 46-49 Home Owners 3s and related prices listed. Mississippi River stages show mixed moves across Davenport LaCrosse Prairie du Chien and Keokuk amid small rises and declines in river readings.
London. Air Minister Sir Archibald Sinclair announced that in the first three weeks of August British aircraft over Germany dropped about three times as many bombs as in the same period last year. He urged US workers to boost bomber production, promising British crews. He noted Coastal Command damaged or destroyed 468,000 tons of Axis ships in July and 52 ships of unknown tonnage.
Bryan Untiecht once saved 14 companions from a Denver blizzard a decade ago and now, as a munitions worker, prepares to settle down with his partner in the same area.
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