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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 06, 1948
Page
2
Estimated livestock on Saturday place cattle at 500 head hogs 300 head and sheep as read Chicago AP report hogs moved lower by 25 to 75 cents per hundred pounds with some down $1 cattle weak to 50 cents lower sheep steady most good butcher hogs sold 21.75 to 30 with a top of 30.50
Hog receipts reach about 5 000 with slow, uneven trade and prices down about 1. Cattle sales show salable receipts around 1 000 with dull trade, light on heavy steers and cows. Good to choice steer prices near 38.00, beef cows around 23.50 to 18.00, spring lambs 28.00 to 28.50, with broader market softness across classes.
Omaha market notes mixed hog prices steady to up to 50 cents, milking higher for select weights. Calves see one load heavy steer at 37.50 with slaughter cattle steady to weak, cows and feeders lower, table receipts 450 with native spring lambs and breeding ewes also listed.
Salable receipts 800 cattle with limited test demand. cows dull after sharp declines, load of choice 1000 lb cattle mixed steers and heifers $37.50, short fed steers $27.50–32.00, short fed heifers $26.50–31.00, cows $19.00–21.00, canners and cutters $16.00–18.00. H table receipts 1,600 and market fair to steady. hogs 360–500 lb bids $23.50–25.00, 400–450 lb $22.00–24.00, 450–500 lb $21.75–22.50, slaughter lambs steady with best ewes $28.50, salable receipts 100.
Prices on the Cedar Rauids hog market were steady to a half dollar higher Friday with top prime butchers at 29.50 and packers 24.25. Cattle market notes list steers in several weight classes, yearlings and cows with varied prices, plus a calf market and sheep/lamb values. livestock prices span Prime to common grades across hogs, cattle and sheep.
Prices drifted in a sleepy market with small gains and losses. Volume neared one of the year's lightest totals at about 700000 shares traded.
The New York AP report notes a sluggish bond market on Friday with limited trading and few gains. Third Avenue Railway shares advance about 5 percent after an early jump, reflecting selective activity amid the quiet session.
Des Moines and southern Minnesota packing plants report hog receipts with uneven demand. Prices show 25 to 50 cent declines on various weights with ranges around 26 to 33 dollars per cwt for 160 to 450 pound hogs amid mixed market activity and shifting outsized loads.
Kansas City market report shows receipts mixed with light sales and mostly lower prices. Calves and stocker trades were weak as demand lagged across the region.
Plymouth Wisconsin prices fell slightly on Friday in a weak market. Cheddar declined about half a cent from the prior week with offers scattered. several carloads of white and colored cheddar moved at 46 to 47 cents. No bids were reported.
Seven German children aged two to ten died in Cologne after playing with an old artillery shell they found. The incident, reported by the British-licensed German press service, occurred Friday.
Illness and death of a husband noted with thanks to friends and neighbors. Special thanks to Jerome arquerite Roushar organist and bearers. Family request memorials and burial details in Acacia section nearby Memorial Cemetery. Burial lot offered near Memorial Cemetery in Acacia section for $300.
In Chicago, an agriculture department hint of higher September exports lifted market tone while corn and oats recovered from early dips. Buying emerged on Iowa trucking reports for corn bound for Minnesota and Wisconsin, with old crop supplies tight in eastern Iowa and large on arrival purchases noted at 168 000 bushels. Wheat, corn, oats, rye and soybeans all finished higher on the day with several percent gains.
A rough OCR mash of grain and feed prices shows corn oats barley and rye quotes with multiple No numbers and grades. Prices range around $1.69 to $2.30 per bushel with mixed and heavy varieties noted.
Chicago produce notes steady market with 21 truck receipts for poultry. White rock fryers sold around 42 to 52 cents, Swiss cheese and butter prices shown with varied cts per unit. Carrots, eggs and potatoes listed with firm market trends and track sales including California, Idaho and Missouri origins and multiple size and price entries.
New York AP receipts show 567 322 pounds for bulk cartons with creamery grades above 92 score and premium marks. Receipts total 152 208 pounds with steady prices, while S receipts amount to 11 cases. Spot quotes list mixed colors and dairy items with prices around 40s to 50s per pound for various grades.
Marion Illinois society pages list guests including Mr. and Mrs. Glenn Cheadle and daughter Janet from La Salle and Mrs. W H Donahugh of Cedar Rapids. Recurring visits include Joyce Eicher from Mt Pleasant and Lewis Shinault from Poplar Bluff. Softball games feature Culbert’s vs Springville and Farmers State Bank vs Glass DX Station. Hospital note: Robert Frasher back from University Hospital after surgery on his right leg. Returning home: Mrs Irving Finger from a Springfield Mo accident.
Conley of Center Point travels to Beloit Wisconsin to spend the weekend with the Edward Hogans. Numerous relatives and friends from Powell Wyoming Waterloo Marion Bassett and other towns visited or hosted in homes across Iowa and nearby states. A Sunday Presbyterian Mariners class picnic is noted at Thomas Park.
Judge Charles S. Cooter scheduled an Aug. 19 hearing for Leonard A. Moran 38 of Granger an one armed farmer accused on five traffic counts after a 9 mile high speed chase. Moran pled not guilty and was released on 1400 dollars bond on charges including DWI speeding reckless driving driving without a state license and drinking beer on the open highway.
Boone city council approves cost of living raises for all workers. Police and fire personnel receive $18.50 more monthly, while hourly staff gain 10 cents per hour. Police and fire pay rises bring weekly earnings from $217 a month, and hourly wages rise from 91 cents to $1.03.
Notice from Linn County Iowa that Grace ade' administrator is appointed on August 5 1948 to settle the estate of Thomas C deceased. Creditors and debtors are urged to settle claims and debts with Grace ade' and attorneys Fred W Hann and Thome pa Pirnie.
Multiple lost items listed with rewards including ladies Bulova watch near Paramount Ridg Dial 8164 or 3-3697 and a man’s Bulova watch. Other notices include a blue wound, a 2 wheel cart, a young puppy, and various repair and service ads. Also several ads for clothing, furniture, and services.
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