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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 10, 1941
Page
10
The Chicago market saw top grade hogs rise to a four year peak around 12.35 per hundredweight, with receipts estimated at 9,000 hogs, 5,000 cattle, and 4,000 sheep. Cattle stayed steady to weak while spring lambs remained generally steady amid ongoing meat market stabilization.
Chicago hogs receipts 10 000 strong buyers higher top 12.35. cattle and calves steady to higher with weights 1200-1400 lb bids around 12 25 to 12 65. Iowa Des Moines receipts 19 600 mostly steady. Austin Minnesota hog prices listed. Omaha and St Paul markets show steady demand and varied bid levels for heavy and light hogs and cattle.
Grain quotations provided by Lamson Brothers and Company with contact details for H R Mowrey in Cedar Rapids at 503 Merchants National Bank building.
Vealers and yearlings show mixed prices with good replacement steers around 9.50 to 11.35 per cwt. Sheep receipts 9,600 with fat lambs slow but slaughter ewes steady to higher and feeding lambs around 11.50 to 11.75. Sioux City cattle receipts 3,000 with steady to weak calves and yearlings and hogs 2,800 with top around 12.28. Sheep receipts 3,800 with good native springers above 11.50.
Hogs and cattle prices hold steady across Ottumwa and Waterloo listings. Hogs range from 120 to 600 pounds with a broad spread in bids, while cattle show stable readings from Good to Choice across several weight categories, including packer and common cuts.
U S Department of Agriculture report shows hogs steady to higher with top around 12.15 and 180 240 lb hogs averaging 11.90 to 12.15. Cattle receipts about 300 with feeders and cows steady to strong and best steers at 12.40, yearlings near 11.50, cows 7.50 to 8.50. Sheep receipts 300 with native lambs steady to strong around 11.00 to 11.50.
Hogs hold steady with no grade changes Wednesday. Top long-haul, no-fill hogs at 11.95. various weight ranges listed with prices. Cattle and calf markets show typical regional quotes. sheep market notes genuine spring lambs at 10.40 and buck lambs priced per quality.
Market listings show grain prices for Wheat No 1 at 1.03 and No 2 at 1.06, Oats White No 2 43c, Barley No 3 35 45c, shelled corn 67c, Soybeans No 2 1.50. Straw and hay bids include baled tame 11.00 and baled straw 9.00. Poultry and eggs prices vary by weight with many items quoted, plus fruits vegetables and dairy items such as celery 60c, lettuce 3.75, onions 1.35 1.65, apples 1.35 1.90, and potatoes 2.35 per Russet. Cured hides and leather prices listed for various grades.
New York stocks drifted lower after brief gains as buying dried up in leading issues. Grays and pivotals like steels, motors and related stocks fell while rubbers stayed steady. At close, demand appeared for Goodyear United States Rubber Goodrich Montgomery Ward and Lockheed.
Wednesday quotations show Johns Manville and Kennecott among many names. The list includes Libbey Owens, Lockheed, General Electric, Goodyear, and Sears Roebuck with varied bid figures and percentage changes across multiple sectors in a dense market snapshot.
Wisconsin cheese exchange lists Sept eight to thirteen quotas with Twins and cheddars at 23 cents. In Boston, domestic wools sold at strong to rising prices per U S department, with graded territory wools fetching 1.04 to 1.06 scoured and combing lengths at 1.07 to 1.09. Remaining lines reference various wool grades and origins, including blood and delaine varieties.
Secretary Morgenthau warned against inflation and sent grains and soybeans sliding on the Chicago board of trade. Wheat fell 2 to 2 58 cents, corn down 1 to 1 44 cents, oats off 1 1 4 to 1 1 2 cents, and soybeans down to 41 1 2 cents. Kansas City and Minneapolis followed Chicago’s lead as Winnipeg held firm.
CHICAGO market receipts show steady to firm tone for poultry, ducks, eggs, butter, cheese and potatoes with specific price spreads. New York activity notes eggs and butter firmness, mixed colors for eggs, and steady butter with varied score prices. Produce futures list storage standards and upcoming month prices.
New York reports mixed corporate bond prices with small moves and a largely unchanged government bond market. Traders note Morgenthau’s Boston speech suggests no immediate need for regular borrowing. Pacific tension easing helps Japanese issues rise. various sectors show modest declines.
Centerville AP John K Valentine 1940 Iowa Democratic gubernatorial nominee declines the post of Iowa WPA administrator saying his law practice in Centerville makes full dedication impossible. He had been considered to fill the vacancy after George J Keller’s fatal auto crash and was discussed as a 1942 gubernatorial candidate. He left a $6000 a year federal district attorney post last year to run for governor and was defeated by Republican incumbent George A Wilson.
Davenport AP report describes a court hearing for Claude C. Alfred 55 with attorney Ingalls Swisher Iowa City. Charles Louch the alleged victim agreed to sign the prisoner's bond. Bondsman qualified prompting acceptance of the surety in the case of Alfred charged with obtaining ...
An individual in Iowa City posed as a United States Geological Survey official to obtain $100 in drilling machinery. He was bound over on a $1,500 bond.
Senator Robert Reynolds urged the United States to acquire or develop the Aleutian islands in the Pacific as a strategic military asset in possible war with Japan. He spoke Wednesday as head of the Senate military affairs committee, arguing the Aleutians would allow attacking from both back and front doors. The report also notes the Mackenzie River as Canada’s longest at 2,514 miles.
Public ads show low cash rates for WANT WADS with rules for box ads and out of town charges. Listings include jewelry loans cleaning and repair services, repairs for cars and homes, cleaning and laundry offers, and a broad mix of job and miscellaneous ads with box numbers and contact details across local businesses.
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