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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 02, 1949
Page
11
Chicago livestock report shows hog prices easing about 25 cents while cattle mostly hold steady to 50 cents lower and sheep mixes higher. USDA figures show hog receipts 11 000 with widespread declines across weight classes and sows, cattle receipts 9 590 with varied shifts, and sheep receipts 3 000 with market sparse and high lamb asks.
New York AP reports a quiet session as investors showed buying interest in motors and steels. The trading day slowed with about 700 000 shares changing hands as the market marked time.
Readable stock and commodity quotes show Dow Jones averages near prior close with varied gains and losses across industries led by rails utilities and industrials. Meat and grain markets report price ranges for cattle hogs and wholesale produce with notes on futures and bond activity in New York reflects a broad market snapshot.
USDA hog prices show moderate activity with barrows 180-360 lb at 1875 to 2025 dollars, sows 1600 to 1675. Calves trade slow with steers and fed heifers steady to down 50 cents, bulls and feeders steady. Sheep market weak with fat lambs 25 cents lower and best wooled lambs around 24.75 to 25.00.
Des Moines Ins receipts show week to date totals with 50 000 estimated and 45 000 prior, actual Tuesday 4 700. Unloads at two Minnesota packing plants and 12 plants in Iowa plus out of state stations. Moderate activity to slow with barrow and gilt prices listed by weight, range about 160 to 190 dollars for 180 200 lbs and higher. Sows lighter to moderate demand with quotes from 15 800 to 17 00 per 100 pounds for various weight belts.
UPI market notes from Chicago show receipts totaling 15 trucks with unsettled market for poultry and meats. Prices include colored broilers 28c, White Rock broilers 30c, young tom turkeys 45a 60c, and various loaf and sausage products with mixed demand. potatoes arrivals 58 on track 195, total shipment 1,017, with light supplies and slow demand. New York butter and produce markets report steady prices with unchanged receipts at 271,354.
Chicago report shows grains soybeans and lard sliding to fresh seasonal lows with May wheat at its lowest since late September. Corn oats rye and soybeans all down, lard leads losses with cash quotes around 12.75 a hundredweight and futures- price moves noted across May and March contracts.
A compact OCR readout shows commodity prices for corn oats barley and seed, with various grades and per unit quotes. The figures include yellow corn at 136, No 3 at 133, oats around 77 to 118, barley near 112, and seed values around 1750 and 150, reflecting a mid century Chicago market snapshot.
Kansas City stock market shows 5000 calves and 300 steers with slow early sales. Heifers steady, cows and bulls steady to easier. dealers reporting mixed loads and midrange weights. Marion Band Boosters sponsor auction Feb 12 at high school gym plus rummage sale Feb 17. Community notices include church dinner Feb 7 speaker Rev. S. S. George, charity show at Marion theater, hospital updates, and local club events.
In Jacksonville Louis judged Ezzard Charles as the top challenger, placing Lee Savold second and Jersey Joe Walcott third. He noted NBA ratings differ, with Walcott leading contenders and Charles, Baksi, and Lesnevich also ranked ahead of Ray. Louis defeated ex opponent Ray in four rounds, keeping his 11-year title reign intact.
I J Shepard of 1340 First Avenue NE reported Tuesday evening that two watches worth 40 dollars were stolen from a grocery basket in the Sunshine market. He left a briefcase with the watches on the basket while visiting a nearby drug store, and returned to find it gone.
Residents of Lintwood Virginia drilled two wells seeking water during a drought last fall and found natural gas both times. The Clinchfield Coal Corporation finances a vast wildcat project spanning over 1 000 000 acres in three southwest Virginia counties with 109 000 feet of pipe and heavy cable drilling gear. Engineers plan to reach depths of up to 10 000 feet into the Appalachians to strike a field.
One of the Fifth Army operation Snow bulldozers cleared a path to a cemetery in Argenta to permit a burial that had been postponed last week due to snowbound conditions.
Akron Ohio petition seeks 15000 in a wrongful acts suit filed in common pleas court on the death of boxer Samuel Crandall Baroudi. Alexander Russell attorney for Baroudi alleges Ezzard Charles used unfair advantage during a February bout that led to Baroudi dying in a Chicago hospital.
Mrs. Stephen Starr of Dunkirk reports her hen laid an enormous egg nine inches in circumference and containing three yolks.
Estimates indicate about one third of Earth's land surface is too dry for farming without irrigation. This dry expanse shapes agricultural planning and water resource management worldwide.
Senator Guy M. Gillette released seven proposed candidates for the Judgeship once held by Judge Dewey with two more names expected from Iowa. Des Moines slate includes Edward Halbach Clinton Moon and Frank Comfort among others. Creston and Ottumwa residents are also listed. The Justice Department will conduct FBI background checks before any nomination and Gillette will be consulted along with the state Democratic committee.
Tama five churches plan a rally at Tama Baptist Church with the theme Let God Speak Through a United Church. In Iowa City Mr and Mrs Henry Illenbrock celebrate their golden wedding anniversary Tuesday.
President Truman invited U S governors to a highway safety conference in Washington from June 1 to 3. The meeting aims to coordinate traffic safety efforts and discuss national policy.
A cryptic style list links mammals and worms with words like fury dash cravat and ventilates. It includes fragments for elements such as gallium and sea eagle, plus terms like native Scotland tavern and driving command, forming a set of crossword style hints.
The Iowa senate rejected a bill by Sen. Frank C. Byers Cedar Rapids that would allow counties to keep 10 cents from each fishing and hunting license issued. The vote was 32 to 3 to sustain a committee recommendation to kill the measure. The session also sent to the house a road-cost shift proposal and approved a 7500 dollar appropriation for the governor's residence utilities and maintenance as Gov William Beardsley and his wife moved in Tuesday night.
Robert Vollbrecht, a gunner shot down over Germany and a former prisoner of war, re-enlisted in the Air Force. The Cedar Rapids recruiting station announced the reentry, listing his address as 1925 Fourth Street SW and assignment to Lowry Field, Colorado as a staff sergeant. Also noted are Richard McCalley of Marion and LeRay Wolfe of 2109 Burlington Street SW as other men returning from the Air Force.
Two inmates broke from the Cerro Gordo county jail early Wednesday in 20 below zero weather. John F Rithey, 28, of Mason City and Otis Heimdal, 24, of Forest City, were identified by Sheriff Cal Dwan. Heimdal was later captured after attempting to buy rubber boots at a Mason City store.
Rates for wants ads listed with pricing per day and word counts. Ads accepted until 1100 A.M. for same evening, or 10 PM Saturday or Sunday for the Gazette. out of town ads payable in advance.
Police searched for 120 blank payroll checks stolen Tuesday afternoon from National Oats Company. Secretary A S Vermeersch said the loss covered checks dated between January 15 and Tuesday. Fifty-three were Guaranty Bank checks numbered 8001 to 8053. the rest were First National Bank of Chicago checks numbered 492 to 524 and 566 to 599.
An In Memoriam note for George Robert Meier recalls his bright blue eyes and cheerful face. The page also lists multiple lost items and pets with contact numbers, including a billfold, a Boston terrier named Boatsy, a red purse, a 1949 license plate, a maroon tool kit, a black cocker spaniel, a cab with keys, and a silver earring.
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