Prices Drop In Livestock on Tuesday Market
Chicago AP reports buyers cut livestock offers with hogs down 1 to 1.50 per hundred pounds cattle 25 cents to 1 lower and slaughter lamb bids 25 cents lower on Tuesday as receipts supported the drop.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 08, 1947
Page
17
Chicago AP reports buyers cut livestock offers with hogs down 1 to 1.50 per hundred pounds cattle 25 cents to 1 lower and slaughter lamb bids 25 cents lower on Tuesday as receipts supported the drop.
Livestock receipts total around 12 000 with hogs and cattle varying. Hogs show best ranges with under 240 pounds at 24 50 to 25 50 and 260 to 300 pound hogs at 24 50 25 50. Cattle include strictly good to choice steers and heifers down 50 75 cents, vealers steady, cows and bulls weaker. Lambs and sheep hold steady with clipped lambs around 20.00 and native lambs near 10.50.
USDA hog receipts show 180 to 300 lb barrows and gilts around $26.00 top, with under 180 lb at $25.75 to $26.00. Calf and steer flows weak. fed steers and heifers uneven with some gains. Lambs and sheep markets mixed as buyers hold off. bids around $22.50 for fed wooled lambs, volumes around 23 loads displayed.
Des Moines reports 48 hour combined receipts at 52 000 head in Iowa and southern Minnesota. Prices show barrows and gilts 160-180 lbs at 23.00 to 25.85, 180-270 lbs around 25.25 to 25.75, and 270-400 lb sows in 22.00 to 23.15 range with mixed figures for larger categories. Overall market movement extremely slow with overall weaker tone.
AP report from Sioux City shows cattle receipts around 9 000 with calves 100 salable. slaughter stock slow and uneven. cows steady to 18.00. stockers scarce. hogs uneven with barrows and gilts near 26 25 to 27.50 and sows around 25 60 to 25 75. total salable receipts 2 000 and market not established.
The Cedar Rapids hog market posted a $1.50 drop with prime butchers at 60.00 and packers at 22.25. Prices listed cover butchers and packers across weight ranges from 160 pounds to over 360 pounds, along with related cattle and produce rates.
New York reports an early effort to support Tuesday trading drew few buyers, followed by a broad selloff amid labor pessimism that knocked most leaders down by four points or more. Trading volume approached 1,000,000 shares for the first time since March 27.
The report covers Chicago grain prices with various mill and seed products amid fluctuating costs. Kansas City cattle trade summaries show steady to higher demand for steers and heifers, with some loads around 1300 pounds and prices from 24.75 to 26.25, plus mixed figures for feeders and cows.
A New York AP report details railroad bonds moving lower as coal stoppages affect the market. The piece notes diminished prices for 444s and other bonds, reflecting debt concerns tied to coal supply disruptions and Pennsylvania rail operations.
The bulletin outlines receipts and prices across Chicago produce categories including butter, eggs, and potatoes. Notable figures show receipts totaling 14 663 with various prices for butter and poultry, and Idaho Russet and other potato types listed with quality notes and market activity described as steady to dull due to weather and supply levels.
Market notes report receipts and price activity with steady readings. Details indicate a mix of colored eggs and ongoing adjustments in supplier pricing, with several figures noting revised totals and market responses.
A cabinet meeting on Wednesday to study grain prices dampened futures. Wheat fell about 3 to 4 cents, May at 2.49. Corn declined around 1 to 3 cents, May near 1.76. Prices showed a softer trend across the board in Chicago trading.
Northwestern University dean Dean Simeon E. Leland will lecture in Coe chapel at 8 15 tonight on The National Debt. Public admission is 1. He previously spoke at chapel and met with faculty and students.
A children's story hour is scheduled for 4 15 p m Wednesday at the Daniels Park station public library.
Robert Shorman, son of Mrs. Hilda Shorman of 112 Second Street NW, has been promoted from corporal to sergeant. He serves as the first trumpeter in the Fort Worth army air force band.
Civil service examinations for police and fire department candidates will be given tonight at 7 30 p m at McKinley High School. Only persons who filed applications are eligible.
A public meeting on labor legislation will be held Sunday in Cedar Rapids under the CIO Defend Labor committee. The event takes place at C.S.P.S. hall at 7 30 p m and is open to all interested residents.
Clyde Walter Williams of 727 Fifth avenue SE and Robert Thomas Fox of 607 Fourteenth street SE have joined the regular navy. Both are assigned to San Diego for boat training.
Navy Mothers Club No 32 holds a 6 30 p m potluck supper Friday in K P hall. Chief Machinist Marvin Horak from the Cedar Rapids naval recruiting substation will present navy films after the meal.
Postmaster Frank Baldwin attends the Iowa chapter annual convention of the National Association of Postmasters in Des Moines. The event opened Monday and runs through Wednesday with meetings and sessions centered on postal service concerns.
The Purchasing Agents committee of the Chamber of Commerce will view a movie titled Steel Man's Servant at a Thursday noon luncheon at the Montrose hotel. Committee chairman is Frank J. McCarthy.
The Foreign Trade bureau of the Chamber of Commerce will hear R. M. Martin speak on current export traffic problems at a dinner meeting Wednesday at the Montrose hotel. Martin is freight traffic manager of the Central of Georgia railroad in Chicago.
Monkey Island ticket holders must surrender their tickets and any money to the Veterans of Foreign Wars clubrooms by 9 p.m. Wednesday. Lou Dvorak, chair man of the Monkey Island project, announced the deadline on Tuesday.
District Court in Linn County will hear 20 law cases in April with three jury trials on April 15, five on April 21, and nine on April 28. Two $25,000 Rock Island railroad suits appear on April 15, along with a $15,000 claim in Sigmunds vs. Creighton et al. Non-jury dockets include April 18 and April 25, featuring cases such as Leo Burrell vs. Dominick for $162.10 and several other damage claims.
Judge M C Hamiel equity judge for the Linn county April term assigned three equity cases for trial. Friday’s schedule includes the divorce case James G Collins vs Constance L Collins. April 14 brings Frank Rhea and Mertie Walters suit over occupancy at 1440 Bever Ave SE with a cross petition for ouster. April 15 lists Paul Straka vs Bernice Straka with a cross petition for separate maintenance.
Conservation Officer Lester Pike sought sheriff help to recover a green 14 foot state owned canoe left along the Cedar river bank during a gunshot investigation near Center Point bridge. The canoe disappeared after he returned.
Judge G K Thompson names William O Gray as receiver after seven stockholders petitioned alleging insolvency and losses at Superior Photographic Equipment Company. Gray’s bond is set at 2000 dollars.
Judge Floyd Philbrick overruled Carl Priola's motion to continue his larceny case. The case was assigned for trial next Monday. The will of Annie J. Winslow, who died March 29, was admitted to probate Monday. A. J. Diserens named executor without bond. beneficiaries include Diserens and Emily L. Davis of Chicago.
Judge M C Hamiel fixed Monday at 9 a m for the hearing of the ouster suit filed by Rev Thomas N Abodeely against Mr and Mrs R T Eberhart. The original date was Friday. Dr H E Pfeiffer filed a district court suit Tuesday seeking $138 12 from Claude and Berdena Wingfield for team services on Feb 27.
Judge G. K. Thompson Monday dismissed the ouster suit brought by G. C. Murphey against Herbert and Helen Boots on motion of the plaintiff.
Kenneth Sonderleiter, longtime Des Moines operator of a free zoo, offers to donate his monkeys and other animals to West Des Moines and any Iowa town that will provide a home. Health issues force him to shut down the Des Moines zoo after seven years of operation.
Mayor Mullin announced the appointment of M. J. Mike Wachal as Marion police chief at the city council meeting. Wachal, recent extra officer, will earn 180 dollars monthly. city clerk Miss Titus and several council members were sworn in. The council also updated salaries and offices including city attorney Clinton Moyer and city engineer Howard R. Green, and voted to alternate city funds between First National and Farmers State banks.
Sally Frederick and Mrs. Ethel Card operate the Marion exchange switchboard while Manager H. R. Livingston keeps the office open during the shift.
Miss Mildred Cariens and John Parry of West Branch were married in the Methodist parsonage Saturday night by the Rev. James P. Gable. Mr and Mrs John Freeman Jr have returned to Taylor Pa after visiting his parents. Eve's Taxi advertises hourly mornings from 5 30.
Cpl Edward Failor returns from Tucson to attend his brother William Failor and Miss Martha Kemp wedding this Saturday. Bob Hoff returns from business trips to Cincinnati Cleveland and other Eastern cities. High school glee club to practice 8 am Wednesday in Lincoln auditorium. Mr and Mrs Stanley Stevens visited the Michels over the weekend. Mr and Mrs Elton Van Horn and children stayed with George Van Horns. O M Carson underwent an operation. W R Johnson and Miss Ramona Johnson visited relatives in Lost Nation. Mrs L R Blinks returns from Florida winter. Matt Mullin Mason City visiting his mother. Advertisement: Wanted, room-gentlemen. Phone 103. Miss Shirley Carver returned Tuesday from Enid Oklahoma.
Classified items include lost items such as a black male hound with reddish coat and a pink shell rim glasses with rewards. Also several service ads for painting, hauling, repair, and jobs from Cedar Rapids area.
The guest stayed with her brother-in-law and sister, Mr. and Mrs. Le Stucker. She also visited a fire site in Fairview, Oklahoma.
The Atlantic remains the second largest ocean yet is the longest ocean and receives about half of the world's river waters, highlighting its vast reach and hydrological influence.
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