Receipts of Cattle Drop After Monday Market Spike
Chicago AP reports cattle receipts fell on Tuesday after Monday’s peak, posting a two day average over recent weeks. About 6 000 cattle 700 calves and 8 000 sheep were received.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 16, 1946
Page
16
Chicago AP reports cattle receipts fell on Tuesday after Monday’s peak, posting a two day average over recent weeks. About 6 000 cattle 700 calves and 8 000 sheep were received.
Auction totals show 6 500 receipts with top calves at 17 60 per 100 pounds and vealers around 7 000 head in feed lot finishing. Cattle trade steady to slow with Western beef examples around 17 dollars and Colorado prices noted. woolskins and ewes also listed among offerings in a mixed market report.
The column notes cattle demand firm and hogs steady with receipts around 500. Feeder steers given values near 15.50 to 17.25, cows varied 9.25 to 14.25, odd lots at 13.50. Hogs bring about 14.50 to 15.00 with good lots around 14.50. Lambs and sheeps balance show lesser quality and softer demand.
Iowa segment notes slow to weak calf and steer activity with stockers in light supply. Prices: light weight steers about 17.00 to 17.30, good and choice up to mid teens, ewes scarce but steady demand.
Kansas City livestock market shows cattle receipts around 4 600 to 16 800 with slaughter steers steady to weak while yearlings, heifers, and cows stay active and steady to strong. Look for average weights around 1080 pounds with loads near 17 65 per hundred and various lots priced between 15 and 18 7 with cows around 12 to 14 and bulls near 9 04.
The page lists stock quotations with many tickers and figures such as Caterpillar Celanese and Continental Oil, alongside transportation and industrial names. It includes closing stock standings for Admiral Cherry Union and Southern regions with assorted percentages, and a New York bond review noting a tense market with mixed ranges and a tendency toward lower long-term yields.
A brief item notes sales were two shillings per week while five cars of twine were bid at 37 cents. The clippings mention Wisconsin cheese and an adjacent auction detail with low bid prices.
Stocks moved ahead briskly in New York with industrials leading the late rally. A long list of issues gained one to more than two points near the close as transfers reached about 1,500,000 shares.
Des Moines and southern Minnesota receipts for hogs totaled 4800 for a 48 hour period ending 8 am Tuesday. The figure reflects a lighter week and year comparison, with overall tonnage around 30,006 pounds and notable variability in regional demand and prices.
A fragmented market recap shows diverse produce items with pricing notes for potatoes, tomatoes, daisies, live poultry, and grains. It documents shipments totals, arrivals, old stock quality, Western stock strength, and per hundred weight pricing for Russet and other varieties, with washed and unwashed buckets quoted.
May rye rose to a new high of 2.48 percent in Chicago trading before demand slackened and profits compelled sellers. Wheat corn and barley held ceilings at 1.83 1.21 and 1.26 respectively while oats showed mixed movement. May rye remained flat to 2 percent higher, May 2.4714 percent.
Chicago prices show No. 2 red and white corn at about 1.19 to 1.43 percent. No. 23 yellow corn around 1.19. mixed feed and timothy forage quoted with red and blue ton figures. Prices imply nominal values and local market ranges for the grain and hay trades.
Documentary evidence in the Schoonover Metropolitan Supply company suit was admitted in federal court. Judge Henry N. Graven presided as more evidence was presented on the case filed last May seeking stock value determinations, cancellation of renewal certificate, and liquidation.
Jerry Carney a 12 year old son of Mr and Mrs J J Carney of 1610 C avenue NW sustained a head injury when hit by a car about 9 am Tuesday. He was rushed by ambulance to Mercy hospital where doctors said the extent of his injuries was not yet known at noon.
Thomas Smith suffered a forehead cut when his automobile overturned at Eighth Avenue and Fourth Avenue SW around 5 30 p m Monday. Wesley L Bartosh faces a charge of failure to have car under control and will appear in police court Wednesday.
John A Stewart son of Mr and Mrs J A W Stewart of Marion married Miss Jean Ford daughter of Rolla H Ford of Tulsa at the Boston Avenue Methodist Church in Tulsa on Sunday. The bride attended Whitworth College Brookhaven Miss. The groom served as a captain in Europe and was discharged last January. They will reside at 2545 Fifth Avenue Marion and he works for Williams and Hunting Co Cedar Rapids.
Arthur Booth Jr and Miss Verla Bedell of Springville were married Monday at the Presbyterian manse by Rev. C V R De Jong. The bridegroom works on a farm north of Springville.
Mr and Mrs Amos Wood and their son Amos Jr left Tuesday for San Diego to visit their son Wayne Wood and family They will also visit Mrs Wood s sister Mrs Guy Dolan in Long Beach.
Miss Lioia Boddicker of Hollywood California is a guest of Mr. and Mrs. Garth West, enjoying a visit at their home.
Delegates to the American Legion auxiliary district conference at Monticello on April 24 were Mines T. A. Barkwill C. J. Kassler A B Nolisch John Gibney Earl Helbig John G. Larkin R H Biddick O A Tedeman and Glenn Larkin elected Monday night Plans were made to send gifts for the Knoxville hospital carnival Seventy five Legion post and auxiliary members and families attended a picnic supper.
The April meeting of the South Marion township Farm Bureau was held at the home of Mr. and Mrs. Lawrence Brecht. Mrs. Harry D. Milligan spoke about Guam and accordion solos were performed by Cletus Brecht. Mr. and Mrs. Milo Petrak and Mr. and Mrs. Henry Boesenberg will host the May meeting in Memorial hall.
Mr and Mrs S E Weaver of Omaha visited her brother in law and sister Mr and Mrs W J Schnell. They attended the H C Perdue family reunion Sunday at the L L Carson home in Central City.
Mr and Mrs Irving Drake departed Tuesday for their summer resort in Twin Pines Minnesota.
Mrs. Elizabeth Cline is convalescing after a long illness at the home of her daughter Mrs. Gilbert Dutton at 1910 Tenth Avenue.
Miss Elsie Stewart of Des Moines spent the weekend with her parents Mr and Mrs J A W Stewart. Sunday was her father's birthday. B R Tripp, brother of Mrs Burns, is a patient at the Veterans hospital in Wood Wisconsin due to serious illness.
The condition of Charles Granger of 1073 Sixth Street remains unchanged as he lies a patient at St Luke's Hospital.
Mr and Mrs Harold Martin of Ferguson Missouri are guests of Mr and Mrs G during a community visit.
No movement is reported in the condition of Mrs. W. A. Jackson who entered St Luke's Hospital February 25 following a stroke.
Mrs Mae Beamer was advised that her son Lt Waldo Lindley has arrived in New York from Europe. His wife has been residing at Lynchburg Virginia.
DeWayne Dickey, a returned veteran, bought four lots in the Sunnyside addition in northeast Marion from C. E. Pearson and plans to build a house.
Admiral Armin G Wong of Chicago will speak at a Lions Club dinner at the E V cafe tonight. Washington reports the Bikini test cost may equal one large ship about 110.9 million dollars, opposed to initial estimates of 425 million for ships and 100 million for other costs.
Pvt. Carl Wells stationed at Fort Snelling Minnesota spent the weekend with his parents Mr and Mrs Carl Wells Sr. Including time away from garrison duties to enjoy family reunion at home.
E C Ainley learned on Tuesday that his brother in law George H Fullerton of Perry is critically ill in the Veterans hospital in Des Moines. Fullerton formerly lived in Marion.
Coe college opened Holy Week with a Latin medieval pageant in Sinclair Memorial chapel. Performers Barbara Marion Mary Dittmer Gloria Peterson Janelle Henry Eilers George Seell and others acted in the translated play. McKensie assistant professor of German and Latin provided the translation and introduction.
W. G. Tavenner of Denver faces a charge of failure to yield one half the traveled portion of Highway 30 after a Monday collision five miles east of Cedar Rapids. Edward J. Distelhorst was injured. Distelhorst is reported in fairly good condition.
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