Markets Shut For Yuletide Observance
Financial markets across the United States were closed Saturday in observance of Christmas with many commodity exchanges also shut down.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 24, 1949
Page
1
Financial markets across the United States were closed Saturday in observance of Christmas with many commodity exchanges also shut down.
Estimates list 14,000 cattle and hogs among livestock figures. The fragment notes unofficial counts for cattle and hog inventories in the same estimate.
Livestock market reports show steady to firm bids in Chicago with top hogs around 17.00 and feeding hogs near 18.50. Calves, yearlings, and cows ranged widely with calves at 16.00 to 20.00 and cows from 14.00 to 18.00, while sheep and lambs traded steadily with lambs around 20.00 to 23.50 and yearlings near 8.00 to 12.50.
Omaha livestock market report from the state and federal stations shows vigorous veal gains and steady to higher fed cattle in contrast with weaker cows and canners. Top values include fed steers at 41.00 and vealers at 26.00, with various grades and weights recorded across steers, heifers, cows, and stockers.
Market notes show hog pricing in pounds for various weight classes from 60 to 550 pounds. Prices range from 1 dollar to 13.10 dollars per hundred weight, with tiers at 270 300 330 360 400 450 500 and 550 pounds.
The market notes unloads at two southern Minnesota packing plants and about twelve plants with roughly thirty concentration yards. Prices shown include various weight ranges for dogs, sows, and hogs with bids from 12 other buying stations. values listed from 13.25 to 15.50 per 100 pounds across multiple weight classes.
USDA cattle market report from Friday shows Fed steers high medium and better steady with extremes up to 50c higher while other grades hold or weaken. Heifers weak to 50c lower. cows steady to 50c lower. bulls about 50c off. Vealers and calves steady. stockers and feeders steady to 50c lower. Prices quoted include steers 22.00 to 27.00, scattered shipments 27.50 to 31.50 for live-choice beeves, and various ranges for cows, canners, cutters, and stocker feeders across sizes and grades.
Cedar Rapids hog market reported steady pricing with top hogs at 15.25 for prime butchers and 13.60 for packers at the Cedar Rapids plant. The notes list varied prices for cattle calves sheep poultry and fruits with detailed weights and ranges across multiple categories.
Dubuque and nearby city reports show river levels near six on the gauge at C B with slight decline in the Ri river readings and river conditions steady.
Sioux City market receipts show feeder and slaughter cattle across most classes with sales concentrated for Tuesday calves as handled by USDA AP coverage. Prices and bids varied by grade and load size amid typical seasonal demand.
Ottumwa hog prices show steady butchers quotes across weight ranges. Prices listed include 170 to 180 pounds at 14.70 to 15.23, 200 to 220 pounds at 16.23, 220 to 240 pounds at 15.00, 270 to 300 pounds at 13.75, 330 to 360 pounds at 13.50, and sow ranges roughly 16.0 to 40.0 in various brackets.
Miss Norma Jean Le Clerc and Robert Allen Peck wed in the Le Clerc residence at 970 Twelfth Street with Rev. Richard Goins officiating. Only family attended as Marilyn Le Clerc served as maid of honor and Mac Towers of Ames was best man. The couple will live with Norma’s parents.
A cantata titled Childe Jesus will be performed at 11 a m Sunday at Marion Presbyterian Church featuring choir group and solo selections. An evening candlelight service with carol singing follows at 7 30 p m. The Gazette Want Ad dept opens to 9 30 a m Monday for Monday edition ads.
The ice skating rink will operate during holidays from 9 to 12 a.m. 1 to 6 p.m. and 7 to 10 p.m. It will close Sunday morning. Volunteer supervisors are needed. Volunteers should be high school age or older. Also listed are poinsettias cyclamen African violets and cut flowers from Goodrow's Greenhouse.
Chicago trip for Christmas with sister in law and niece includes Gretchen Mentzer. Hugh T. Hutton returns from Des Moines Veterans Hospital for holidays before resuming care. J P Oliver visits Des Moines for holidays with Roy Fleming family. Odako Camp Fire holds party with Nancy Hunter leading. other helpers listed. Mac Towers and son Jimmie visit Ames relatives in Marion. Emma Albright learns sister in law Charles Hardy died in Greene Iowa. Hardy family formerly lived in Marion.
Marion churches announce schedules for Christmas week with multiple denominations. Baptist Rev Charles Moore holds Bible school at 9 45 a m and morning worship at 10 45 a m. Catholic Rev T J McElliott and Rev Maurice Scallon celebrate mass at 8 and 10 a m. Christian Rev Richard Goins and Free Methodist Rev Rex Odermann also publish services, sermons and midweek prayers. Presbyterian Rev C V R De Jong cantata The Child Jesus and candlelight service planned. St Pauls Lutheran notes services at 10 a m and Walther league meeting at 8 p m Wednesday.
Eve service with holy communion on December 31 at 7 45 a m at Prairie Chapel led by Rev Elton D Wells with Sunday school and morning worship at 8 15 p m. Seventh Day Church of God on Sixth Street and Ninth Avenue with Elder L L Christensen pastor Sabbath school Saturday at 10 30 a m and preaching at 11 30 a m.
Val entina Gardner a 27 year old White Russian war bride was freed from a federal immigration detention and reunited with her husband Henry F Gardner a 23 year old ex G I student from Buffalo The three man board reversed an earlier ruling she was an undesirable alien and she must return Jan 9 for final attorney general review The couple termed the moment like a second honeymoon and fresh air amid uncertain case status
Paris AP Bidault’s government survived a confidence vote on the 1950 budget by 303 to 297, narrowly defeating an opposition bid that would have forced cabinet resignation. The cabinet proposed 2.257 trillion francs in spending with new taxes. the opposition favored a smaller, unbalanced budget needing tax gains.
C V Frazier 74 a former superintendent of schools died suddenly at his son Hubert s home in Des Moines He had been teaching at Attica en route to Marshalltown for Christmas with Mrs Frazier s sister The body will be brought to the Jones funeral home and burial is planned at Oak Hill cemetery
A coroner's jury in Cherokee absolved 27 year old Bob Witte of criminal negligence after an eight ton semi trailer rolled into a crowded business district killing Ray Hansen and Jeffrey Barry. The inquest found no fault by the Sac City driver.
A 17-year-old girl, Georgia Ann Butler, president of the Y-Teens, sparked a citywide toy appeal in Oelwein. The flood of donations filled her living room to overflowing and forced a halt as baskets for the needy were ready to be distributed.
Dubuque city council approved the purchase of the first municipal parking lot using $40,000 in parking meter receipts. The two lots will be joined to create a 125 by 100 foot lot for public parking in the city treasury.
Pack trains leave New Westminster for three Indian villages along the Cariboo Trail to aid 270 flood-stranded Indians. Local crews and volunteers coordinate relief efforts to reach the remote flood affected area.
Des Moines19 year old Charles T. Cownie Jr. died in Broadlawns hospital at 5:30 a.m. from injuries after his car skidded on icy pavement Friday night and smashed into a tree near his home. He was pinned inside the wreck with a fractured skull and never regained consciousness. His father heads the Cownie Fur Co. and his mother sits on the Des Moines school board.
Fred W. Shetler aged 67 of Marshall county died after an early morning incident. He was found by his son and the coroner cited chest injuries with cold and shock contributing to death. It was six below zero at the scene.
A 25 year old mother of five, Mrs Vernon Harlock, was seriously burned when a gasoline pressure lamp exploded in her Clinton basement. She ran through snow for help, shielding her children aged 8 to 10 months, some suffering frostbite while she reached a neighbor for aid. Her mother now cares for the five children.
Christmas tree and all presents around it burned in Anamosa this morning destroying curtains nearby. Firefighters call faulty wiring in the tree lights the likely cause. The Allamand family has six children, the oldest 11.
Jesse Young 23 of Ames died in Mercy hospital Des Moines from injuries from a Dec 13 auto crash near Ames. He operated a trailer court at Ames and was moved to Des Moines hospital on Dec 16.
Rubin Shetsky, jailed since 1947 for the murder of Minneapolis labor leader Albert Schneider, won a new trial when Minnesota Supreme Court found District Judge Paul Carroll made prejudicial remarks to the jury. The ruling followed Shetsky’s 1945 flight and 1947 recapture, with bail possibly set again at about 75,000.
Walter Goetsch of the University of Iowa says a limited number of displaced persons in Iowa will receive international scholarships beginning next year. The state board of education authorized a program offering 80 scholarships annually at Iowa and full tuition and fees with a requirement to return home after studies.
Roy Rocky Compiano owner of Rocky's Steakhouse was indicted by the Polk county grand jury on a liquor nuisance count. A raid by Constable Basil Grossnickle recovered 71 bottles of liquor. Compiano had been on two years probation after pleading guilty to a federal charge of receiving stolen goods. The liquor charge predates his probation and does not violate its terms.
Patty McCune, 10, of Ottumwa has lay in a local hospital since being struck by a car on Thanksgiving Day. Attendants say there is no indication she will be aware of Christmas.
Cincinnati post office officials probed possible chain letters sending about 100 dollars weekly to Senator Taft’s re election campaign headquarters. Ben Tate, campaign treasurer, said origins unclear and that the gifts arrived after labor leaders launched a fund drive to defeat Taft. He warned external money could affect GOP fundraising in other districts.
Most gold in the Fair banks Alaska area is mined by large dredges bigger than the average two story house, reflecting a heavy mechanized approach to extracting gold in the region.
Applique pattern 4505 offers plain or scalloped overalls playsuit jacket blouse bon net cap in sizes 2 4 6 8 10. Size 6 details include 1% yds 54 in overalls 35 in blouse jacket 1 yd 35 in. Send 25 cents for pattern to Anne Adams Cedar Rapids Gazette Pattern Department P O Box 6710 Chicago Ill. Print name address size and style number.
Iowa Democratic Chairman Jake More urged President Truman to act under the Taft Hartley act to ease coal shortages in Iowa City and Dubuque amid cold weather. He cited eight day supplies in Iowa City and said towns nearby were nearly out.
Mayor George Still urges President Truman to intervene in the coal crisis affecting Clinton with under a week of supply. He forms a three man committee to coordinate with local coal dealers after an emergency meeting hinted at enforced rationing.
Des Moines safety officials urge citizens to help spot and report drunk drivers during Christmas weekend. Alfred W. Kahl cites one fourth of 327 fatal crashes this year as alcohol related and asks public to call local police or state radio stations with license numbers and direction of travel.
Pastor L H Hanold of Martelle Church of Christ makes a 300 mile round trip twice weekly to a Minnesota Bible college. He drives to Minneapolis Mondays attends classes through the week and returns Friday for Sunday services. Fellow student Guy Harris rides with Hanold and preaches in Independence.
In Norway Trinity Evangelical Lutheran Church the pastor Rev. C. K. Randoy announced three Christmas season services. A Christmas festival is at 9 15 a m on Sunday with a sermon titled The Angels Song. A Christmas program by Trinity Sunday school classes is set for Monday at 730 p m. A New Year service will be held December 31 from 9 p m to 12 midnight.
A Christmas collection of $629 was presented to Pete Briggs, 37, of Oelwein, who has lost sight in one eye and is going blind in the other. Contributions, mostly $1 bills with Christmas cards, followed news reports of Briggs' plight. Briggs has visited the Rochester clinic twice with no success in saving his sight.
Des Moines AP reports Democratic State Chairman Jake More recommended F. M. Dawson dean of the University of Iowa College of Engineering for appointment to the West Point Military Academy board of visitors. The board, appointed by the President, visits the academy periodically and a vacancy for an engineer prompted the recommendation. Dawson’s current duties at Iowa would not be affected.
Fifteen hundred Iowa veterans received their bonus checks today as the state bonus program pushed out about 5000 checks this week. Ed Kallemyn, Board Secretary, said extra efforts allowed 1500 claims to reach recipients before Christmas. One recipient was Richard Heald of Davenport, whose family benefits from a $260 check amid his wife’s surgeries. The program’s weekly totals show 245,539 claims received, 41 fully processed, 174,608 checks mailed, totaling $64,749,084.
Bert G. Welch 27 of Sioux City pleaded guilty to lascivious acts with children and received a three year sentence at Anamosa reformatory. The suspended patrolman, married with a child, had been on the force about nine months and was under 90 day suspension from a tavern fight when off duty. A 16 year old Sioux City girl, a downtown store clerk, was involved in the complaint.
Mrs A M Piper 69 wife of the editor of the Council Bluffs Nonpareil died of heart disease after months of illness She was a music graduate of Iowa Wesleyan college Mt Pleasant active in Daughters of the Revolution The Pipers lived in Des Moines and Boulder before moving to Council Bluffs in 1937 Survived by two sons Warren Omaha and Stanley Davenport Services Tuesday morning burial in Des Moines
Robert Miller of Maquoketa named extension director for Dubuque County by Fred Clark and Frank Freking. The appointment awaits approval from the state education board. He succeeds Frank Kerrigan, who held the post 25 years before joining the state highway commission.
Bernard Sullivan fined 100 dollars and costs in district court for leaving the scene of an accident after driving the car that allegedly struck and killed 13 year old Tommy Veriden last September. Also in Iowa briefs: Anamosa high school faculty resignations, Brandon alumni banquet, Central City officers elected and Powers aid, McGregor Elkader wedding of Lillian Stromgren and Seward Henkes, three month South trip on a custom air truck.
The report places Billy the Kid in the vicinity of Fort Sumner in New Mexico. No further details on dates or actions are given in the fragment.
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