Hogs Steady To 25 Cents Higher In Chicago Market
Estimates from Chicago show hogs steady to 25 cents higher with about 17 000 hogs offered. Cattle were steady to 50 cents higher and sheep remained steady to strong amid modest supply expansion.
07 Jan 1953
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 07, 1953
Page
1
Estimates from Chicago show hogs steady to 25 cents higher with about 17 000 hogs offered. Cattle were steady to 50 cents higher and sheep remained steady to strong amid modest supply expansion.
USDA Chicago hogs receipts near 17 000 with uneven trade and higher to 25 cents on some loads. Sows mixed. top hogs 170 to 230 pounds traded around 18.50 to 19.25, with larger lots near 19.00 to 19.15 and some 19.35. Cattle receipts about 11 000 with steers and heifers uneven but up to 50 cents higher. high-prime 1 158 pound steers at 38.00, prime heavy weights 33.00 to 34.00, bulk 28.00 to 34.00. cows 15.75 to 17.00, bulls 19.50 to 22.50. Sheep receipts 6 500 with lambs steady to high, some loads 23.50 to 23.50 for packers, clipped lambs 21.00 to 22.00, wooled natives 17.00 to 22.00, slaughter ewes scarce, mostly 7.00 to 8.25.
Receipts at Omaha total 7 500 cattle with 200 calves. Fed steers and heifers steady to moderately active. cows and bulls limited, steady to strong. Dealers scarce. stockers unchanged. Two loads of lightweight fed steers sale at 30.25 to 31.00. high to prime mixed yearlings higher. good to choice fed steers 22.00 to 29.00. commercial to low good 18.00 to 21.50. good to choice heifers 20.00 to 27.00 with tops to 29.00. utility and commercial cows 14.50 to 16.00. bulls up to 20.50. choice dealers to 26.00.
Kansas City stockyards report receipts of 3 000 cattle and 300 calves. Slaughter steers mostly steady with some Commercial and Good grades higher. Heifers and cows steady to strong, spots up 25 cents. Bulls firm to 50 cents higher. Dealers and killing calves limited demand. High choice and low prime fed steers around 27.00 with Nebraska fed heifers near 27.00.
Receipts for the week and day estimates show steady beef prices with top quotes at 18.10. Market ranges cover weights from 160 pounds to 550 pounds, with prices descending from 18.10 for lighter slabs to about 14.65 for heavy 450 to 550 pound cuts.
Live hog market in Waterloo shows steady to firm quotes with top at 17.25 for pigs 220 to 230 pounds. Various weight ranges listed from 160 pounds upward reflect prices declining with lighter and heavier categories.
Market notes list prices for poultry including Leghorn springs and heavy hens, ducks, geese, and eggs. Grain values show New oats, wheat, corn, and soybeans with current receipts and a field seed section for clover varieties and sweet clover delivered from Chicago.
Many denture wearers face embarrassment when their plates slip or wobble. Sprinkle FASTEETH powder on the plates to hold them firmer and more comfortable. It also helps control plate odor and neutralizes mouth sourness. Available at any store.
New York stocks fell one to two points in a second straight selloff. Traders blamed profit-taking after the recent rise. Volume was about 1,800,000 shares.
Sioux City cattle receipts 4 800. Calves 50 slaughter steers and heifers steady. Some kids weaker. Good and choice heifers 21.00 to 25.00. Stockers and feeders steady to strong. Medium and good stock steers 18.00 to 21.00. Mostly 450 lb stock steer calves 26.50.
A brisk rally closed the grain market with wheat leading gains as flour mills picked up buying. July and September soybeans hit new seasonal lows while corn oats rye and lard posted modest moves amid overall higher closes.
Chicago market figures list cash prices for cash wheat and corn with grade distinctions. Oats and barley are noted with nominal ranges and seed values. Field seed prices cover sweet clover redtop alsike sainfoin red clover and other mixes with per hundredweight ranges.
Ottumwa hog market shows steady tones with hogs trading across a wide weight range. Prices quoted per hundredweight span from about 14.00 to 17.75 depending on weight class and grade.
Chicago market reports show steady to firm tone across dairy eggs and produce. Butter and cheese prices mix with varied scores. onions and potatoes mixed as receipts remain light to moderate. New York butter unchanged with slight upticks for extra No 1 grades.
Immediate vaccination of all UN troops in Korea against influenza has been ordered by the army surgeon general. Extra vaccine supplies are being rushed by air from the United States. Officials say no epidemic exists yet and the move is precautionary due to sporadic rear-area outbreaks in Japan and the United States.
In Tokyo Lt Col Hessin testified the defendant Dorothy Krueger Smith faced personal crisis and homicidal tendencies amid drug addiction. Army nurses said she killed her husband Aubrey D. Smith after he planned to send her home. Prosecutor rested case. defense motion to dismiss for lack of proof was denied.
Four political education films will be shown Thursday at 7 30 p m in the Cedar Rapids public library auditorium. They include Our Living Declaration of Independence Government Is Your Business How We Elect Our Representatives and Day of Thanksgiving. The January preview of films program is open to all interested in planning.
Various local notices report hospitalizations promotions and meetings. Names and addresses include St Luke's Hospital Allview Drive SW and 260 Twenty first Avenue SW for promoted sergeant John V Kuncil in Korea. Cedar Rapids aviation and civic groups plan events at Montrose hotel and Bethel AME church. Public school bond discussion set for Cleveland School.
Dick Bristol, manager of the Marion rink, announced races this Saturday at 2 p.m. for boys and girls in three age groups 8–10 11–12 and 13–15. A small entry fee applies and local merchants provide prizes for winners.
Mrs. Neva Fuller district deputy president and staff travel to Springville tonight to install officers in Springville Rebekah Lodge No. 99. Dr C E Drummond dies at Mt Pleasant. funeral Thursday at 1 30 p m Murdoch chapel with Rev James P Gable officiating. Burial Cedar Memorial. flowers omitted. Friends may leave at the chapel.
Korean veteran Cpl John Roberts arrives in San Francisco after 17 months in Korea and will travel to Camp Carlson Colorado to be with family. He will meet his 18 month old son Randy for the first time as he visits Mrs. Roberts and Randy at the home of her parents Mr and Mrs Howard Glass.
Mr and Mrs Raymond Eckhart are home after a three week visit with Mrs Eckharts brother Lee Frank in West Palm Beach Florida Mrs Eckharts cousins the Norman Larsons of Spirit Lake Iowa accompanied them back McGinn Arrives New superintendent F G McGinn of the Iowa division Milwaukee railroad moves to Marion from Savanna and is staying with O M Carson family Mrs McGinn and their four daughters and one son will remain in Savanna until suitable living quarters are found in Marion.
The Mariana club met with Mr. and Mrs. Earl Barber for a potluck supper and made a March of Dimes donation of 2.25 dollars. An oyster and chili supper is planned for January 18 at the George Barber home. Next meeting to be hosted by Mr. and Mrs. Marshall Dingman. Walter S. Hewitt, 90, a retired Cedar Rapids grocer living in Marion, celebrated his birthday with nearly 50 cards. he is son-in-law to Mr. and Mrs. Henry N. Miller. Roy Stricken Francis Duffy, 15, son of the Duffys, ill with rheumatic fever in Monticello hospital while staying with grandparents at Temple Hill. Mr. and Mrs. Albert Stevenson of near Whittier left for McAllen Texas for a couple of months. A lost key ring with phone 684-J. Marion Post 298, American Legion, hosts a fish fry January 15 in the new Legion hall. admission for 1953 dues receipts. Kensinger Plumbing and Heating advertises prompt service at 244-1. Mr. and Mrs. Paul G. Nissen returned from Belle Plaine where Mrs. Dorothea Nissen died after a long illness. George Wood and Oliver Baker were in Dubuque. Johnny Richmann, 13, convalescing at home from a tonsil issue.
A sillectomy was performed at a Cedar Rapids hospital. Sleeping room for rent advertised with phone contact 588 W. Adv.
George Krog, formerly of Marion now residing in West Point Nebraska, suffered a severe heart attack Saturday and is hospitalized in West Point. The Marion Kiwanis Club plans a dinner meeting Thursday at 6 15 p m in the K V Cafe.
Dr H L Ormiston a 30 year old Indianola veterinarian and his 2 year old son Scott were found dead in bed from apparent gas fumes. Mrs Ormiston was unconscious and rushed to hospital with planned recovery. Sheriff reports illness began Tuesday. coroner investigates unvented gas furnace and gas burner in attached garage.
The Cedar Rapids Chamber of Commerce legislative committee with 48 members, chaired by Donald T. Hines, will hold its first meeting of the year Friday at the Montrose hotel. A noon luncheon will include invitations to the county's state senator and two representatives to brief on committee operations.
Two Cedar Rapids division cases in federal district court were closed by default judgments and a third dismissed with prejudice. The largest default judgment totals $547.87 against O G and Leola M Heathman of Walker. The United States government sued on a promissory note held by the FHA signed about November 15 1946 and sought $427.90 plus interest and costs, winning $474.13.
J Paul Knight of the J C Penney store in Cedar Rapids was elected chairman of the Retail Merchants bureau of the Chamber of Commerce at a Tuesday meeting. Other executive committee members named were Hillis Gill Abbott Lipsky Robert Armstrong J I Hanson and Wallace Boyson with Kenneth Miller as ex officio. Charles Kriz serves as treasurer.
Major John Eisenhower son of the president elect says he will complete his regular Korean tour and not apply for a transfer to Japan. He becomes eligible for such a transfer this month.
Dr Llewellyn Heard of Whit ing Indiana a Standard Oil research chemist will lecture at Coe College Thursday at 10 a.m. He spoke to Cornell College students in Mt Vernon Wednesday. His demonstration features fire effects with smoke rings green flames and small explosions as he carries six packing cases of equipment.
An MSU official said President John Hannah will accept Eisenhower's nomination to be assistant secretary of defense. He will take over duties from Anna Rosenberg but remain MSU president.
James Biley suffered face and head lacerations after a two car collision at Ninth avenue and Fifth street SE Tuesday afternoon. He was taken to St. Luke's hospital for treatment. Police said the cars were driven by Biley and Gilbert Titler. Titler's car left the street, struck the curb, and hit a house at 901 Fifth street SE.
About 50 reservations remained for the Chamber of Commerce annual dinner as of noon Wednesday. Chamber Executive Vice President Robert Caldwell said the list would close once the reservations are gone, probably before noon Thursday. Members only may reserve, and attendance requires a reservation. Speaker will be CBS correspondent Charles Collingwood.
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