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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 19, 1950
Page
29
Chicago AP reports higher cattle and hog prices with mixed demand. Hogs up 15 to 25 cents with top near 16.65 per 100 pounds. cattle steady to higher as steers and heifers gain 25 to 50 cents. Sheep demand firm on a 27 cut, slaughter lambs strong, unsold sheep slow. Grain quotations follow.
Receipts near 590 calves 15 heifers and steers active and largely steady while cows move slowly. Stockers and feeders show weakness with recent decline. Prices listed for various weight classes from 1,050 to 1,050 pounds and up. steers top around 28.50 per hundred, cows and calves in the mid teens to mid twenties depending on quality and weight.
In New York the stock market showed mixed leadership with steel and railroad stocks steady. A few television issues surged about three points while rails and steels posted smaller gains. Overall turnover hovered near 3 million shares.
A newly developed voice magnifier for public address systems consists only of a hand microphone a loudspeaker horn and a six volt battery.
Market report from Waterloo shows liveweight price bands for pigs and sows with ranges from 170 to 550 pounds. Prices decline slightly as weight increases, with steady trend noted.
Live hog prices in Ottumwa show a steady trend across weight ranges from 160 to 550 pounds. Prices range from $16.00 for midweights to $13.00 for very heavy hogs, with multiple brackets listed and a constant market tone reported.
In Chicago the grains market advanced amid solid cash demand. Old crop soybeans and May corn posted new seasonal highs while wheat, corn, oats, rye, and soybeans finished higher. May corn at 2.2614, May soybeans 2.7634 to 2.77, May oats 1.78, May rye 1.33, lard up to 11.00 per hundred pounds.
AP market notes show cash corn prices at 3 dollars with samples around 1.40 and 1.44 percent. No 4 yellow corn near 1.36 percent. Oats trade at No 4 heavy mixed about 81 to 83 cents. Barley bids for malting around 1.25 and feed near 1.00 with slight variations.
Chicago market report shows receipts and prices for butter eggs cheese poultry and potatoes. Includes quotes for butter 93 to 92 cents a pound, eggs totals 22 134 cases, cheese varieties at 32 to 55 cents, poultry prices with hens and broilers noted, and potato arrivals with regional Russets and Pontiacs price ranges.
New York wholesale markets show steady price levels for American whole milk cheese and butter. Cheddar and grass cheeses range from 34 to 49 cents, with various grades of creamery butter and egg prices listed by weight and grade, alongside large receipts for the period.
USDA Omaha cattle market shows 17 500 salable receipts and 100 calves. Fed steers and heifers mostly steady with some bids. good grade steers 25 percent lower. Cows and bulls steady. stockers and feeders in light supply. Prices: medium to good fed steers 24 000 27 50, high good 1 213 lb steers 28.00, top to 29.00. Load good heifers 26.60, medium 23.25 26.25. good cows 19.50 20.50, common and medium cows 17.25 18.75. Crushers and cutters 15.00 16.75.
Receipts Wednesday show estimated 45 000 week ago 39 500 year to date 24 000 actual Tuesday 52 500 with unloads at two packing plants in southern Minnesota and twelve plants with about 30 concentration yards in Iowa plus additional out of state shipping and country buying stations. Prices mostly steady to firm with some gains 10 to 25 cents. Barrows and gilts 160-180 lbs 14.25-15.90. 180-200 lbs 15.75-16.40. 200-220 lbs 16.00-16.50. 220-240 lbs 16.00-16.50. 240-270 lbs 15.70-16.35. 270-300 lbs 15.46-16.00. 300-330 lbs 15.00-15.85. 400-450 lbs 13.85-14.50.
Kansas City livestock notes show 3,000 cattle and 300 calves received. Fed steers and fed heifers steady. cows less active but scarcity supports prices. Bulls dealers and killing calves unchanged. several loads of good fed steers around 28.25 to 28.50 with weights 1,174 and 1,087 pounds. Good fed heifers near 28.00. cows 16.25 to 18.75. bulls 21.50 down. good and choice dealers 28.00 to 29.00.
Mrs Susan I Stewart 79 widow of David S Stewart of 594 Sixth avenue Marion died at 4 p m Tuesday in a local nursing home after a long illness. Born November 6 1870 in Smith Center Kansas she moved to Center Point at age three and has lived in Marion 60 years. She was a Grove City Rebekah lodge No 35 member and drill team member plus Marion Nature and Garden club and W S A. Surviving are son Glenn Stewart Cedar Rapids three grandchildren one great grandchild and sister Emma of Colorado. Services Thursday at 10 30 a m at Yocom Murdoch chapel with Rev James P Gable. burial Oak Shade cemetery. Friends may call at the chapel.
Jesse P. Eaton 75 died at 11 15 a m Tuesday at his home south of Marion after a long illness. Born December 16 1874 in Marietta Indiana he lived in Cedar Rapids area fifty years. He married Marie Schneider October 5 1901 in Marion. Surviving: his wife six sisters and a brother. Local notices mention garden plowing services and various community events including church gatherings and school honors as part of Marion news.
The sale was completed through Earl Booze and C. E. Pearson. Mr and Mrs Huddleston sold their home at 176 Tenth Street to Earl Lamborn of Cedar Rapids, via Booze. Susan Jean Moore, two and a half, daughter of the Calvins Moore, Blair's Ferry Road, is home from a Cedar Rapids hospital after bronchial pneumonia treatment.
A crowded listings page shows Memorial day monument ads, lost items, personals, and service offers from Cedar Rapids merchants. Currency and phone references appear alongside reminders for repair shops, moving vans, and local trades.
Carroll residents vote 953 to 467 against a bond issue of 90000 to build and equip a football stadium.
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