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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 09, 1949
Page
13
The text explains how price levels reflect collective market opinion, shifting with scarcity and demand. It discusses corn and meat markets, export declines, and how price supports or government purchases could stabilize prices through two main plans: direct government purchases to support prices or compensatory payments to producers while letting markets find their level.
A closing out public sale planned for Saturday February 12 begins at 12 noon. Items include 14 head of dairy cattle with Holstein and Guernsey stock, 9 hogs and several sows plus gilt and hog equipment, chickens including White Rock and Austra White, farm machinery such as Ford tractors, planters, mowers, cultivators, and manure loaders, plus about 600 bushels of ear corn and 400 bales of Clover hay and oat straw. The sale is conducted by a local farmer who is quitting farming.
Due to ill health the owner announces a complete closing out sale. The farm lies five miles east of Cedar Rapids Iowa, following No 30 east to the second bridge, to four corners, then north to the first house on the left.
Friday February 11 1949 description of offering includes 18 head of cattle nine milk cows aged six to nine years with two year old heifers and seven summer calves plus 18 hogs with average weight 160 pounds and two old sows. Also 150 mixed chickens, farm machinery such as a sulky two section harrow oats feeder grass seeder and horse drawn manure spreader, plus tools and household goods.
The piece argues profits require production controls and price signals, warns that sustained high prices rely on strong demand and exports, and notes historic farm distress. It cites Dr W J Hinton on Britain reducing Western Hemisphere purchases and urges debt avoidance and readiness to adjust to new conditions.
Hawkeye The annual meet ing of the Hawkeye Creamery Company was held Monday with 55 patrons present. A Mitchell was elected president, L R Campbell secretary, and Wallace McIntyre, John Pieper, Arnold Lauer and Lester Niewoehner directors. The creamery produced 278680 pounds of butter during the year. The average price paid for butter fat was 0.903 cents.
Chicago based American Farm Bureau Federation will support repeal of margarine taxes if measures distinguish oleo from butter. Federation Secretary Wilfred Shaw said the plan would be fair to consumers dairy men and margarine producers.
Chairman Fred Wilson announced the Tipton Cedar county contribution to CROP totaling 17682 with 16283 sent to the state office in January and additional 1399 contributed since then to support Cedar county’s aid effort.
The Winter Fair farm institute will host a Feb 25 program on how grain prices are set in free market exchanges. Eunice Dustin of the Chicago Board of Trade will explain trading mechanics and the flow from producer to processor with charts and a film.
Rep Jensen introduces legislation directing the agriculture secretary to announce immediate support and parity prices for milk. The bill also sets the manufacturing milk support price at 90 percent of parity.
Iowa City hosts a Thursday meeting on soil management and fertilizer use led by H B Cheney extension agronomist of Iowa State College. County Extension Director Emmet Gardner says the program starts at 1 30 p m.
Colesburg cooperative creamery names Frank Walters and Ralph Moser as directors at its annual meeting. Officers will be chosen by the board later this month. Patrons received an average price of 918 cents per pound of butterfat for the year.
Decorah Winneshiek county 4-H club members report 98 baby beeves on feed, the largest herd on record for the county.
A dense sequence of farm sale and auction notices runs from Feb 10 to Feb 17 across Iowa. Items include livestock machinery grain hay and household goods, with sale locations reaching from Springville to Marion and Cedar Rapids, listing organizers such as Ben Shellhammer Kenneth Burger estate D J Beidenbach Fred Kimm Lewis Maske and Sons and many others.
DES MOINES the annual meeting of the Iowa State Dairy Association will be held February 16 in the dairy industry building at Iowa State College. President Scott Ellis announced the program includes Dr. J. H. Lush an address after a six month tour of Britain New Zealand and Australia.
Calmar creamery reelected H. J. Numendahl as president at the annual meeting. Directors Tom Erland J. J. Frana T. C. Wangsness R. M. Bjonerud and Steve Frana were also reelected. The cooperative produced 653637 pounds of butter at an average price of 75 cents. A Feb 16 special meeting will renew the 20 year old articles of incorporation.
The Elkader Production Credit Association held its fifteenth annual meeting in Elkader on Tuesday after a weather-related postponement. About 200 people attended as Secretary-Treasurer P. W. Dougherty reported total farmer loans of 5,022,000 with no losses over 15 years. 273 members own shares.
Joel Clark of Elkader and Grant Lauer of Eldorado were re-elected to three-year director terms. Other board members are Alvin Presteman of Waukon, John Heinz of Peosta, and Leo C Herold of Fort Atkinson. The association serves Allamakee, Clayton, Dubuque, Delaware, Fayette and Winneshiek counties with stock valued at 36840 and accumulated earnings of 45377.
An advertising notice promotes a closing out sale by John K. Jones on February 21 at his Robins area farm. Griff Johnson plans a March 1 relocation to a farm east of Cedar Rapids. The second annual winter fair runs February 24 to 26 at the Coliseum with exhibits, free entertainment, and separate institute programs in the chamber of commerce rooms to avoid outdoor exposure.
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