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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 17, 1940
Page
8
Chicago market reports hogs steady to ten cents higher with top at 6.80 while cattle hold firm to steady and spring lambs mix. wholesale pork steady with best cuts around 19 per hundredweight. Omaha and Waterloo livestock summaries note mixed demand and varying weights with general strength in hogs and softness in some cattle categories.
Market notes from SIOLN CITY APs report cattle receipts with beef steers and cows showing steady to firm demand. Hog prices vary by weight with 160-180 lb barrows trading near 5.40 to 5.60 per cwt and sows stronger at 4.50 to 4.75. Iowa Minnesota yards list mixed results for 24 hour period ending Tuesday with steady to slightly higher bids and notable worker demand. Descriptions include feeder heifers and calves, cannery stock, and regional price spreads across Austin Minnesota St Paul and related facilities.
Feeder and slaughter cattle hogs and sheep receipts show mixed demand with higher hogs and steady to lower cattle prices. Hogs reach top around 65 dollars per hundredweight with assorted weights 200 270 pounds. cattle firm for better grades while everyday lots ease. sheep sales slow with lighter bids.
Grain and hay prices for Cedar Rapids area include Wheat No 1 at 63 cents No 2 at 26 cents No 3 2542 cents Oats White No 2 26 cents No 3 2542 cents Rye No 2 ic Barley No 3 35944 cents Corn shelled No 2 yellow Sic No 3 AA Soybeans No 2 yellow 68 cents Hay straw Baird tame hay 750 dollars Baled straw 600 dollars. Poultry prices list and fruits vegetables including Lemons 50 dollars Oranges 34 60 Grapefruit 30 dollars Michigan celery 45 cents Lettuce 35 cents Onions 1 00 47160 Cabbage 100 Prunes 70 cents Red grapes 150 Pears 2 75 Sweet potatoes 1 75 Jonathan apples 2 00 Cranberries 4 45 box Hides priced by grade No 1 cured hides to No 2 cured hides 6 cents No 2 calf hides 9 cents No 2 calf a e No 1 kin 8 cents No 2 kip 7 cents No 1 horse 3 25 No 2 horse 2 75 Pony and mare half price Mane and full tail included.
Investors moved into select rail and utility bonds amid a subdued market. Small gains outweighed losses as carriers and utilities advanced, with notable issues such as Alleghany and Illinois Central rising. U S government bonds showed mixed movement in narrow ranges as indexes edged higher.
New York markets saw selective bidding spark a mild rally with gains in steels, motors, aircrafts, rails, and industrials. Despite profit taking in late trading and slowdowns, turnover reached about 400 thousand shares, outpacing Monday’s 300 thousand. Leading performers included L S Steel, Bethlehem, Chrysler, GM, Douglas Aircraft, United Aircraft, Sperry, Boeing, Great Northern, Santa Fe, Westinghouse, GE, US Rubber, International Harvester, Standard Oil NJ, Packard, Kennecott, and Phelps Dodge.
Wisconsin cheese prices for the week of Sept 16 to 21 show daisies at 142 cents and brick at 12 ½ cents, with cheddar at 13 ½ cents. In Boston, fine domestic wools see strong demand, with 12 month Texas wools at 85-89 cents scoured, and graded fleece prices varying from 35 to 42 cents depending on fineness and blood line.
Wheat was firm in a quiet session on the Chicago Board of Trade amid stock market influence. Corn and soybeans showed mixed moves with brief rallies and later declines. Minneapolis and Kansas City followed Chicago trends as hedging pressure loomed.
Markets show steady poultry and eggs with firm butter demand. Prices for White Rock poultry and turkeys hold, potatoes show mixed regional receipts, and cheese mostly steady as cold storage and refrigerator standards adjust for November.
Rome dispatch says French war planes based in Morocco conducted ten raids against German forces in occupied France and Italian troops in the Mediterranean. The pilots resisted armistice terms and chose to keep fighting for Britain. The report notes Rome Bertin axis stance and Serrano Suner's visit to Bertin reflects Vichy tensions.
A 12 member Putnam township delegation urged the county board to grade and gravel two half mile road segments linking improved roads. One segment lies two miles north of Ely and the other three and a half miles east. Roads said to be impassable in spring thaws and after heavy rains. Supervisors said the segments are not in current plans and should wait for next year.
Mrs. Margaret Bell of 523 Knollwood Drive SE was granted a divorce from Robert P. Bell by Judge John T. Moffit on grounds of cruel and inhuman treatment. The suit, filed Monday, awarded custody of a son and $30 monthly child support. A property settlement was confirmed. The couple married in Cedar Rapids on November 8, 1930.
Goodyear Tire and Rubber Co seeks dismissal of G A Lieber's overtime wage claim arguing the federal wage hour act exceeds congressional power and delegates authority unlawfully. Lieber, a Cedar Rapids resident, worked as a battery man at 700 Second Ave SE from 1938 to 1940 in retailing and intra state commerce, seeking $199.18 doubled to $398.36.
Marie Louise Bordwell sues Harold F. Bordwell married January 7 1926 seeking custody of a son. Freda MecPeak sues Darrel MecPeak married February 11 1936 seeking custody of a son alimony and child support. Judge John T. Moffit granted a temporary injunction in the Bordwell case.
James J. Modracek, 29, of route No 2, pleads not guilty to a driving while intoxicated charge. Judge Haas set aside the plea on state motion to submit the case to the grand jury. Modracek was taken into custody July 4 after a collision on J street SW near the airport with a machine owned by G H Gould of Cedar Rapids. He posted a $500 bond at arraignment.
William Fisher, 34, of Route No 1 North Liberty, was fined 300 dollars plus costs by Judge John T. Moffit for driving while intoxicated and released from Linn County Jail after paying. The court had set a 90 day jail term if unpaid.
Wilfarenc G. Rogers has filed a district court appeal challenging an Iowa state tax commission assessment of 218.26 including penalties and interest due by its corporation and income tax division for 1937. He also contests the commission’s overruling of 1936 and 1937 income tax assessment revision applications.
D W Bates receiver of Commercial Savings bank Marion authorized by Judge Haas to sell land south of Third avenue Marion to Chris O Skaar and Lillie A Skaar for 2100 dollars. Bates also receiver of Wapsie Valley State bank Central City empowered to sell Central City property to A J Cassel for 1920 dollars.
Multiple Iowa notices report a resistance to Henry Paul’s bid to modify a May 20 1936 decree granting him custody of three children, while Frances Paul seeks affirmation of custody. Other items list a Cedar Rapids divorce filing, a tax receipt in Mina M Phelps estate, a Lisbon disturbance arrest, and a Lund divorce dismissal.
A jumble of lost property ads lists a female doll named Happy Tan, a navy blue Kislav glove, keys in a leather case, a cocker spaniel puppy, and a Bulova wrist watch with reward. Contact numbers and local addresses appear for return. several moving companies and beauty shops advertise, along with a note about debt responsibility.
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