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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 15, 1952
Page
2
Chicago market notes hog receipts 18 000 with demand strong to 25 cents higher, weights over 20 lbs up 15 25c, sows up 25c. Cattle receipts 19 000 with steers and heifers steady to 25c higher, cows up 25c, bulls strong to 50c. Sheep 8 000 with little action and undertone weaker, no yearlings sold.
Slaughter cattle and heifers mixed in demand with uneven sales. Cows and bulls show strength or little change, load lots and calves varying by weight. Choice fed steers around 29 to 33 dollars, load lots at 33.00 to 33.50, with larger weights and prime sorts pushing higher. Heifers and stock steer calves follow with assorted prices reflected by weight and quality.
Des Moines reports Monday hog receipts at 90 000 with prior week 92 000 and year ago 107 500. Saturday actuals 60 000. Demand is good and prices are steady to up to 15 cents higher with top at 16.25. Barrows and gilts prices vary by weight class from 13.15 for 160 180 lbs to 16.25 for 240 270 lbs and higher.
Omaha stock market notes cattle receipts at 14 000 with early sales of fed steers and heifers generally steady while buyers show selectivity. Cows rise to about 25 cents, bulls and dealers steady. high choice and prime fed steers reach 33.50 to 35.00, select around 31.00 to 32.00, yearling feeders 20.00 to 27.50, and good to choice calves 26.00 to 26.50.
Ottumwa hog market reports higher prices with top at 16.00 for hogs and various weights. Butchers paid 13.00 to 15.50 for 160 to 300 plus pounds. Sows and heavier categories show bids around 13.10 to 16.00 depending on weight.
Cattle receipts total 15 000 calves and 1 500 slaughter steers and heifers with prices generally steady. Loads average and high choice around 1 150 pounds and lighter at 28 004 to 31.00 per cwt, prime loads at 1 020 pounds around 37.00, and heifers at 24.00 to 27.00 per cwt.
Market quotations show hog prices up a dime at Cedar Rapids plant with various weight classes listed for good butchers and packers. Cattle and calf sections give bids for steers, yearlings, cows, bulls, and calves, followed by sheep, lambs, and wool, with grain and field grass values included.
Stocks rose to new 22 year highs led by a small group of gainers in New York. Trading volume neared two million shares as broad markets advanced and investors showed sustained buying interest.
In superior court Monday three men faced peace violation fines. Hubert Junior Polton, 22, was fined 60 dollars plus costs for drunkenness disturbing the peace and profanity after allegedly biting a policeman at CSPS hall. Harry E. Carlton, 55, and Leon Sauer, 32, each fined 25 dollars for disturbing the peace, with Sauer jailed after being found guilty following testimony from W L Smith and his wife.
In Chicago trading the grain futures show corn and rye weakening at the close. Wheat rose modestly while corn and oats fluctuated, oats up to 4 higher, rye down as much as 13 percent, soybeans mixed, and lard rose before a late liquidation in December contracts amid thinner demand.
Chicago prices for cash grains show values across cereals and seeds. Wheat unavailable. corn varying by grade from No. 2 yellow at 1.6642 1.672. oats No. 1 white 9434 944 c. barley nominal at 1.35 1.80. field seeds listed with per hundredweight ranges for clover, timothy, and red top and clover varieties.
Livestock report from Waterloo shows hog prices holding around 15.50 for top hogs, with butchers priced from 12.75 for lighter categories to 15.50 for heavy 200-240 Ibs. ranges. Several weight brackets listed, including odd entries, reflecting a broad market spectrum.
Chicago butter receipts 297003 pounds with varied prices by grade. Eggs 12889 cases show steady to up 3 cents with color and size breakdowns. Cheese steady with daisies and Swiss quoted. Live poultry prices listed for hens broilers fryers capons roosters geese ducks guinea hens and turkeys. Potatoes arrivals 324 on track 399 total shipments Friday to Sunday with moderate demand. Colorado red McClures and Idaho Russetl prices noted. Minnesota North Dakota Pontiacs at $4.50 washed.
Butter steady with 93 score AA at 67 percent unchanged 92 score A and 6745¢. Eggs show mixed changes with heavy weights up to 22 cents and extra large 47 to 49 cents, white fancy heavyweights up 3 cents, other sizes up modest gains.
Williamstown barber Mederic Bleau, dean of local barbers, reports in 37 years he has given 115 440 haircuts, mostly to Williams College students.
Glenwood Springs Colorado dispatch reports Capt Eugene R Guild retired US Army sends a letter to President Truman with a one word plan courage to end the Korean war. He argues courage in Washington can deter Russia and avoid World War III. He accuses policy of fear and appeasement and asserts his plan avoids new war.
Washington AP report says Richard A. McDonald resigned as administrator of the National Production Authority. Horace B. McCoy of the Commerce Department became acting administrator.
Des Moines AP reports Jonathan Fletcher of Des Moines was appointed treasurer of the Iowa Republican state central committee. Fletcher, executive vice president of Home Federal Savings and Loan, succeeds retiring Alice Figg who served many years. Chairman James Schramm praised Figg's faithful service.
Miss Olive Fillmore, born in Walker Iowa over 80 years ago, died in Blair Nebraska with service in Marion. store hours updated by Marion Chamber. corrections issued for local club program. school vacations announced. various social visits and gatherings noted. hospital and church activities reported. residents including Mr. and Mrs. Howe and the Buckners celebrated anniversaries. weddings planned. local health and upcoming events listed.
Washington economic stabilizer Roger L. Putnam reopened the wage control program after a 10 day freeze on 12 000 pending cases. He named four public members to a wage stabilization committee including WSB Chairman Charles C Killingsworth Herman Lazarus Harold L Enarson and Meyer S Ryder to begin duties at once.
The agriculture department plans to buy large quantities of skinned hams smoked shoulders picnic hams and bacon to reduce burdensome supplies. Purchases will support non profit school lunch programs and other outlets and be financed by congress funds to encourage farm commodity consumption by diverting surpluses from normal markets. The department entered the pork market last April.
Iowa's December draft quota of about 1850 men has been filled and no more Iowa men will be inducted until after the holidays. Col Ralph Lancaster said January quota totals about 800 and the first inductees will report on January 5.
A 17 year old youth in Cedar Rapids reported a strange armed intruder occupied his apartment for about two hours on Monday morning. The gunman sat with the victim, played radios, and took 64 cents in change before leaving.
Jack witnessed a man with a firearm leave the residence and later notified police headquarters. The intruder was described as 35 to 40 years old, about 5'10", with black hair, wearing bib overalls, a plaid jacket, and black brogan shoes.
A 15 year old, Ronald Kelley, faced first degree murder charges Monday after his father Clarence Kelley, 41, was shot to death Saturday. Sheriff Paul S. Shaw said a coroner's jury ruled the death a felonious act caused by a .22 caliber rifle in the boy's hands following a dispute.
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