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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 08, 1941
Page
4
Hog prices climb 15 to 25 cents on Monday reaching a new four year high of 12.30. Beef cattle stay steady to slightly lower while forecasts of higher slaughter and export growth boost demand across major livestock markets in Chicago Kansas City Omaha and other centers.
Livestock markets across Chicago, Iowa, Omaha and Sioux City show mixed demand. Hogs run 9 000 to 18 000 receipts with prices steady to higher in places, cattle and calves range from steady to 25 cent gains on heavier stock, and sheep and lambs see slower bidding with some declines. Regional reports highlight top hogs at about 12.30, steers around 12.60 to 12.75, and sow and lighter fat cattle varying by yard and size across Des Moines Omaha and Austin markets.
Moderate activity with higher cattle and hogs prices and mixed sheep receipts. Cattle steady to weak with spring slaughter steers around 11 to 12 dollars and choice steers above 12.15, hogs opening about 10 cents higher, barrows around 11.50 to 12.00, sows near 10.75 to 11.63, sheep receipts and prices fluctuating with limited early trading.
Local hogs rose by about 20 cents with packers up 15 cents. Reports list price ranges for good hogs from 140 to 360 pounds and up to 1195 for long-haul top, plus detailed prices for packers and cattle including steers, heifers, cows, bulls, and lambs with weight-specific quotes.
Market listings show grain prices for No 1 and No 2 wheat, corn and oats, rye, barley, soybeans, and straw. Poultry prices by weight and breed listed, plus dairy and fruit vegetables prices including lemons oranges celery lettuce onions and potatoes. Hides, calf and horse hides and pelt values included with animal products.
Wisconsin cheese quotas for Sept 8 13 list Twins and cheddars at 23 cents per pound. In Boston the fall wool volume was strong with United States Department of Agriculture noting bright fleece prices in the 46 to 48 cents grease range and combing wool at 45 to 47 cents. Missouri and other western wools showed lighter shrinkage with 44 cents crease in early bids while territory wools remained slow but firm at asking prices from late last week.
A state audit shows operating expenses at the Vinton school for the blind reached 116347 dollars for the year ending June 30 1940, an increase of 804 dollars from the prior year.
New York AP reports a brisk recovery in war stock prices led by aircraft stocks. Boeing, Glenn Martin, Consolidated Aircraft, Grumman and others hit new 1941 peaks before mid day declines pared gains. Transfers neared 600,000 shares as Dow members like U S Steel and Santa Fe rose while GM and Eastman Kodak lagged.
Wall Street stocks quoted in a dense list from Adams Express to Goodyear Tire with many named companies and percentage changes. The report notes specific openings, highs, lows, closes, and index movements across industrials rails utilities and stock averages, including Chicago quotations and bond data.
Soybeans climbed 8 cents a bushel the maximum daily gain under exchange rules, setting fresh record highs since trading began. Wheat and other grains also rose to new seasonal peaks, with October soybeans at 179.5 cents and Minneapolis futures posting top seasonal levels as demand for edible oil crops grows.
The report shows open Oct 7 futures for Winnipeg wheat with various contracts and numbers. Chicago cash provision details include No 4 red wheat at 12734 and multiple corn oats and barley price quotes with cents and fractions, plus field seed and lard prices.
New York reports firmer butter and cheese with 2 day receipts for creamery at 92 score and premium marks. eggs steady to firm with mixed colors graded firsts and extras. Chicago shows varied poultry prices per weight and regional potato quotes. futures for butter storage standards and eggs refrigerator market listed.
New York bond traders saw an irregular pattern on light dealings as gains and losses stayed modest. Corporate rails and utilities led advances while U S government issues slipped slightly in over the counter activity. Treasury issues closed mixed with few moves.
Albert Journeau of Purse Company of Chicago spoke at the Cedar Rapids Assocation of Life Underwriters meeting at the Montrose hotel. He urged agents to help clients plan estates with life insurance to cover earning-power loss, taxes, and debts, and discussed wills, irrevocable trusts, and regular-income policies for survivors.
Washington officials report that the trade has accepted the new installment buying control regulations in stride as the nation ends its first week under the Federal Reserve Board order.
In Vichy reports over 100 Jews in the old French republic were seized as hostages by German occupation authorities in Paris after attacks on German soldiers. Pierre Masse, former Justice Minister, among those seized. another Frenchman was shot on Sept 11 by a German court martial for aiding war prisoners escape.
Two individuals charged with operating a motor vehicle while intoxicated and one charged with uttering a forged instrument were arraigned in district court. Lumir Detert and Ed Benishek faced arraignment. Stanley Richardson, 17, was arraigned on the forged check charge.
Rain halted golf by Iowa insurance agents at the Country club as the thirty-fifth annual convention began. Registration at the Montrose hotel started at 3 p.m. The state executive committee met earlier with talks focusing on association management. A stag party followed at 8:30 p.m. The first regular session is set for 9:15 a.m. Tuesday led by L M Jeffries. An unemployed Budapest mechanic built a dynamo the size of a fly.
A cluttered page lists ads for free Mrs R V Quaide offers and subscription deals, jewelry sales and repairs, loans on diamonds, domestic help, watch testing, fur hats, insurance, pen services, carburetor service, printing, and various goods. It includes notices on Want Ads honesty, transportation references, and a call for accident insurance.
Advertises permanent waving with new equipment and quality materials at Lovely Lady Beauty Shop located at 317 1st Ave SE two doors west of Bishop's. Mentions hours evenings and contact number B-T4s1. Also lists other beauty related ads and a Paris Beauty School dial 2-0222 offering perms from $1.00.
Advertisements list a flood of services from Lodding Fuel Co to Hawkeye Tin Shop and carpet cleaning. Promises include hauling, dirt work, fencing, painting, stoking, fur restyle, and various housework positions. Several WANTED notes seek salesgirls, stenographers, maids, and two neat women for direct sales with commissions.
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