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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 05, 1946
Page
11
Chicago reports federal steer and yearling prices weak to 25 cents lower, hogs steady at ceilings, and early sheep sales steady. Cattle values down 25 to 40 cents for the week. 8,500 hogs sold to packers, with 11,000 moved directly. Barrows and gilts at 14.85, most sows 14.10.
Feeds and hog receipts show steady to good demand with prices near steady. Cattle prices weaken slightly with yearling steers and heifers down 25 to 40 cents. best vaccinated steer prices hover around 17.50 with bulk around 14 dollars. cows and bulls show mixed movement while stock cattle stay in fair demand. Sheep receipts rise but market remains light with good and choice woolly westerns steady near 15.40 for 97 pound fed woolies and overall bids easing.
Kansas City cattle report shows total receipts about 8 700 with bids weak to lower for slaughter steers heifers and cows, bulls and calves near steady. Light stocker and feeder demand steady. several loads of beef steers moved at 15.00 to 16.65 with some higher on choice midsize weights. Mixed yearlings and heifers sold 10.50 to 15.50, cows and feeders at 12.50 to 14.65, stockers at 14.00 to 15.65 with variation by grade and weight.
AP dispatch from Omaha outlines hog receipts at 8,000 with strong demand and prices around 14.50 for barrows and gilts and 13.75 for sows and stags. Cattle receipts similarly around 8,000 with calves 300 salable and demand for medium to good light weight steers and heifers, prices mainly 16.25 to 17.50 for top fed steers, and lambs steady to easier with feeding lambs at about 15.75.
Cattle receipts 5,000 with calves salable 75. Slaughter steers and heifers steady versus Monday low close. cows mainly steady. feeders scarce. Prices shown for beeves up to 17.00. med shorts 12.25. good replacement steers and heifers in demand. Sheep receipts 3,500 with fed wooled and clipped lambs, slaughter ewes, no early sales, prices hinted higher.
Combined hog receipts at 19 concentration yards and 11 packing plants in interior Minnesota and southern Minnesota for the 24 hour period ended 8 a.m. Tuesday were 5,000, down from 85,000 a week ago and 22,400 a year ago. Prices for various weight ranges were mostly steady to improved, with 200 lb hogs around 14.35 to 14.45 and 400 to 450 lb hogs about 13.70 to 14.00, while loading remained lighter than the prior week.
Market listing shows automotive and agricultural commodities with price ranges. Reads like prices per dozen or per unit for various vehicle and seed categories with multiple figures and quick shifts across grades and sizes.
Daily Chicago market notes show butter receipts at 241 tubs steady with varied scores. eggs receipts 27 466 cases. live poultry steady with diverse hen and broiler prices. turkeys 27 to 38 cents. Potato arrivals total 582 on track with Idaho russets and Colorado red and Nebraska prices listed. market dull, demand slow, stock light.
Current general prices show mixed color lots with extras. Standard weights No 1 to No 4 at 45 lbs and over and 36c to 49-44 Ibs. vary. Current receipts list 34.5 dirties and checks 32.5 as nominal firm prices with no quotations.
New York AP reports a mixed bond market with narrow price movements and some backward issues across groups. Government issues were quiet but fully subscribed, leaving traders cautious about near term direction.
The Chicago price notes show No 2 hard and 3 red wheat at around 1.78 dollars with nominal ceilings. Other grains and feeds include timothy and red top hay with prices listed in the high single or mid double digits per unit, reflecting a fluctuating market.
Veterans up to 24 with a year of service may take the West Point entrance exam on March 5. The usual age limit is 22. Sons of deceased veterans can compete for 40 appointments set aside by Congress in 1926 for such applicants.
In New York, copper, steel, packers and various special shares led a selective upturn as leaders showed mixed performance. Trading volume was around 1,800,000 shares.
Chicago AP reports wartime food subsidies and price controls set to expire June 30 sparked May rye to breach its 5 cent daily limit in early trading. After a brief rally there was limited buying power as the day closed with most grains little changed. May wheat at 1.8012, corn at 1.1844, oats mixed, rye down to 2.12, barley at 1.22.
Cedar Rapids hog market lists ceiling prices with top prime butchers at 14.45 dollars and packers at 13.70. Hog weights 160 to 400 pounds show varying quotes. lambs and other commodities feature in a broad market report alongside Dow Jones averages and stock quotations for utilities and major firms.
The United States and Britain have sent notes signaling readiness to recognize the Communist led government of Petru Groza in Romania. The move follows Soviet backed changes during Andrei Vishinsky’s 11 month old government installation and recent shifts by a British American Soviet commission from the Moscow talks.
In Wiesbaden Germany AP six thousand planes costing nearly one billion dollars are scrapped by the US Army in Europe as militarily obsolete and useless in peacetime. The batch includes 427 B 17 Fortresses and 36 B 24 Liberators.
Seth Klein, veteran starter for the 500 Memorial Day classic, will start the Indianapolis auto race.
The nomination of Wilson W. Wyatt to lead the national housing administration was approved unanimously by the Senate Banking Committee on Tuesday.
Mayor John C. Mullin names Councilmen Louis Alcorn W B Griffiths and P C Lassen to study the zoning commission's recommendation. The zoning group W A White F L Nickeson and J H Stanaway met council Monday night. Beer permit renewal granted to Marion Veterans club cigaret licenses issued to Don M Nehring Hallwood cafe and John E Knapp grocer.
Compliments to Joe Derflinger as he enters service mark a family gathering at 999 Eleventh Street. Mrs Gladys Derflinger and sister Mrs Wendl Wish niewsky hosted relatives Beverly Lutz Don Davin Carol Jean Fairley Joan Gibson and Jack Scott. Tonight more relatives Richard and Stephen Derflinger and Gordon Buckley couple join as dinner guests.
Wayne Flickinger of the Cherry Burrell company will address a Lions Club dinner at the K.V. cafe this evening. He will describe ice cream manufacture. J A Nedrow serves as program chairman.
Tipton and Marion high school basketball teams prepare for a Friday night game in the Marion high gym. The matchup pits local rivals in a regional contest with both teams seeking a win.
Second teams will play at 7 followed by varsity action. A one act play by The Tiptonites is set for Friday afternoon at the school assembly. Local notes include Mrs. Catherine Klein’s illness and several residents visiting relatives in Belle Plaine and Dubuque.
A red dust storm moved into western Kansas reducing visibility to 200 yards in places. Cars ran with lights on and dust settled around homes as Weatherman S D Flora warned western Kansas faces a tough dust period likely to affect wheat. The storm, carried by a strong southwest wind, was traced to Oklahoma by Flora.
The French cabinet on Tuesday unanimously approved Finance Minister Andre Philip's plan to raise national income and cut government spending. The package includes demobilizing 40 000 air force personnel by month’s end and halting the call-up of 20 to 21 year olds.
An ad seeks two young men aged 25 to 30 to join a local department store with future promotion paths to apartment managers or executive positions. Applicants should be neat in appearance with a high school diploma, college education beneficial. Submit handwritten personal histories to apply.
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