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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 10, 1950
Page
2
Chicago AP reports hog receipts reached a year high with salable hogs estimated at 24 000 on Wednesday, 8 000 cattle and 12 000 hogs listed. prices fell about 25 cents per hundredweight as cattle were unevenly steady to a dollar lower and sheep held firm.
The report notes salable hog receipts at 24 000 with prices 25 cents lower across weights and sow prices easing. cattle and calves report slow demand with slaughter steers weak to one dollar lower and heifers down 25 to 75 cents. prime loads at 40.50, mid ranges 22 to 29, cows around 13 to 18, lambs steady to lower with two loads at 21.00 and ewes firm at 10 to 12.
USDA report from Sioux City shows receipts of 5,000 cattle with calves 100. Slaughter steers uneven. most bids steady to slow with quality medium to low. Heifers steady to weak. canners and cutters largely steady. Stockers and feeders steady to strong. good demand for fat cattle. Prices: fed steers mostly 25.00 to 28.00, choice heavier beeves higher. medium sales 20.00 to 24.00. Heifers 19.50 to 22.50. canners 12.50 to 14.25. mixed 14.25 to 15.50. good stockers 16.00 to 17.50. overall bids firmer for quality.
Cattle receipts total 9 500 with 300 calves salable. Fed steers and heifers similar in mix. Early sales show medium and good fed steers largely 21.00 to 28.00 dollars with loads to 29.00. Good heifers 25.65, cows 14.75 to 16.25, some 17.00, canners 12.50 to 14.25, sausage bulls 20.00 to 20.50. Cattle bids softer on beef cows and some items steady elsewhere.
Receipts show about 70 000 for Tuesday 106 000 the prior week 41 000 year to date with 88 500 actuals Monday. Packers in southern Minnesota and Iowa operate 12 plants and around 30 concentration yards with some out of state buying. Prices steady to 25 cents lower for barrows and gilts and sows across weights with varied bidding: 160 180 lbs 13.15 15.00. 180 200 lbs 14.40 15.50. 200 220 lbs 14.75 15.50. 220 240 lbs 14.40 15.25. 240 270 lbs 14.00. 270 300 lbs 13.60 14.40. 300 330 lbs 13.25 14.00. 330 360 lbs 12.85 13.60. Sows good and choice 270 300 lbs 13.00 13.50. 200 330 lbs 12.25 13.50. 330 360 lbs 12.50 13.25. 360 400 lbs 12.15 13.00. Sows good 400 450 lbs 11.75 12.50. 450 550 lbs 10.50 12.00.
Cattle receipts reach 1,500 with 500 calves. Fed steers steady and heifers steady as top 1,151 pound fed steers sell at 32.50 per cwt. Typical ranges include 21.50 to 27.50 for medium to good steers and 20.00 to 27.00 for medium to good heifers. Stockers and feeders show firm values with four loads of around 800 pounds at 23.50.
Prices on the Cedar Rapids hog market were steady to a dime lower Tuesday. Top hog prices reached 15.00 for prime butchers and 13.25 for packers, with varied ranges for weights listed. Cattle, calf, sheep, poultry, and produce prices follow, including steers from 28.00 to 37.00, cows 10.00 to 18.00, calves 16.00 to 29.00, and lambs 17.00 to 23.00, plus assorted fruits, vegetables, grains, and hay prices in the regional market report.
New York AP reports stocks retreating Tuesday on a brisk sell-off as investors lock in gains. Declines span fractions to over a point with some late rally, total transfers near 2.2 million shares as sectors including automotive, oil, and chemicals show mixed moves.
Waterloo cattle report shows butchers 1 cent lower and sows 19 cents lower with top at 14.75. Listings detail buy prices by weight: butchers 160-360 lbs with varied values from 12.25 to 14.75, sows 270-550 lbs ranging 11.00 to 13.00.
Ottumwa hog prices show steady demand with top at 15.25. Butchers report bids across weight ranges from 160 pounds to 550 pounds, listing $14 to $15.25 for 160-360 plus higher or lower quotes for other categories.
Chicago price list shows butter receipts 312 tubs and eggs 632 cases with small declines. Cheese note Twins daisies and various fowl prices listed. Potatoes arrivals 83 with Utah to Minnesota regional prices for Red McClures and Russet Burbanks given. Market described as steady to light demand and mixed regional lots.
New York market reports butter receipts at 812,756 pounds with firmer tone but unsettled wholesale prices. Creamery butter scores range around 63 1/2 to 64 1/2 cents, with mixed color grades and various pack sizes. Cheese prices for American whole milk and cheddar show unsettled quotes, with recent daisies and cured varieties listed.
Grain futures edged higher on Tuesday as short covering and buying supported markets. Wheat led gains with March at 2.16 7/8, corn up to 1 3/4, oats about 1/2, rye up 1 to 1 1/2, soybeans firm near 2 1/4 and January soybeans at 10.77.
Chicago grain prices shown for wheat corn oats barley and soybeans with No 2 yellow corn at 1.3144 dollars per bushel and various bids for oats and barley. soybeans listed as none and prices include several fractional figures and ranges.
In Tokyo a Communist meeting read Ko Nakanishi a party expulsion for backing Cominform allegations against Sanzo Nozaka. Nakanishi, a former 1942 spy convict, had ties to a wartime Red spy ring and was freed by MacArthur’s amnesty.
In Manchester New Hampshire superior judge Harold Wescott said Catholics or members of any religion may be jurors for Dr Hermann Sander as he faces trial for mercy death of a cancer patient The judge dismissed rumors that church teaching against euthanasia would bar Catholics from serving on the Hillsborough county jury panel.
Six year old Jo Ann Vandenabeele, crippled by infantile paralysis, relied on a specially fitted bicycle to strengthen her legs. The bike was stolen from the family garage, leaving only the attachment parts behind while Jo Ann mourns the loss and asks who could take it.
Afghanistan relies on karakul or Persian lambskins as the core of its foreign exports, shaping trade balance and regional economics.
City Assessor James Scolaro clarifies 1950 tax rules noting debts are deductible from stock listings. He says Iowa corporation stocks are not taxed to individuals, but listed assets may deduct bona fide indebtedness from monies and credits and stock holdings. He contrasts taxed versus not taxed entities under last general assembly.
City officials reported December 31 1949 receipts of 10121 89 in current service and 9404 42 in employer contributions plus 2296 20 in prior service. Retirement benefits paid 2597 93 and death benefits 788 61. Joe Hadsell asked about a north side sidewalk petition on Eighteenth avenue from Thirteenth street to its end and the council sent the query to City Engineer Frank Young for review.
Finance Commission official L. D. Burgus released a monthly statement showing December expenditures of $235,806. The year to date outlay reached $2,175,752.66 with $798,312.34 remaining from a $2,974,065 appropriation.
Class B permits issued to Nick Zervakis at 118 First Street NE and Paul L. Petrik with Charles Hess at 88 Sixteenth Avenue SW. A Class C permit granted to Edward J Hanna for 111 Thirteenth Street SE.
Cedar Rapids city council ordered new parking limits Monday. Two-hour limits apply on Hull avenue SE from Ninth to Tenth streets 8 a.m. to 5 p.m. daily except Sundays and holidays. A one-hour limit is set on Second street SW from Ninth to Tenth avenue. Traffic Capt. Bill Remington backed the measures after investigation.
Boone Iowa AP report says Nickolas J. Thielen age 63 died hours after Police Officer Dean Kemmerer pulled him from his burning two room home. Thielen was overcome by smoke and badly burned when Kemmerer found him at a door after noticing the fire while driving past in a patrol car.
Iowa Attorney General Robert L. Larson said the state will seek a rehearing in the Moscow dam dispute to preserve rights to appeal to the U S Supreme Court if needed. The request will be filed with the St Louis Court of Appeals by Thursday. The appeal challenges a Federal Power Commission permit for the Cedar River dam project near Moscow in Muscatine County. The state argues the project is not feasible or economically sound.
Ten Marion high school musicians were selected to join the WaMac conference band clinic in Manchester on Saturday night. Arnold Benedict earned outstanding woodwind soloist honors, playing a B-flat clarinet. Fisher, Miss Lala, Shirley Post and Miss Miller were among the brass chamber players in the 70 member band joining the 200 piece clinic band under guest directors Charleton Stewart and Mark Opa.
Mrs Grace C Koppenhaver returns from Chicago where she spent the holidays with her brother in law and sister Mr and Mrs Richard A Crew in a family visit over the festive period.
Walter F. Kruger died Saturday at home 1415 Twelfth Street. Funeral Tuesday at Yocom Murdock chapel with Rev. John F. Wipperm and Rev. Albert Matthews. Burial Cedar Memorial Cemetery. Pallbearers from Marion and Cedar Rapids named.
Betty Seiffert, residing at 1727 Eighth Avenue, is in charge of the Marion Chamber of Commerce office guiding local business promotion and community programs.
Miss Ella Morrow 82 a former Marion resident died Saturday night in an Ottumwa hospital. She moved to Ottumwa from Marion about 40 years ago. Survived locally by niece Mrs. W. R. Knapp of Cedar Rapids. Funeral held in Ottumwa Tuesday afternoon.
Edward Manson a Cedar Rapids city mail carrier residing at 571 Eighth avenue Marion is convalescing at his home after undergoing surgery last week.
Mrs. Guy B. Berlin was installed as president of the Past Noble Grands Association at a meeting in the Berlin home. Mrs. Charles Harlan was installed as vice president, Mrs. Ralph Parks recording secretary, Mrs. Florence Clark financial secretary, and Mrs. Robert P. Burns treasurer. Mrs. Burns and Mrs. A. E. Milner led the installation, with Ida Bowdish, Frank Spence, Florence Clark and Pearl Smith assisting in entertaining.
Mrs. Lester Webber was chosen chairman of Circle 2 with Mrs. Adlai Stephenson as co chairwoman and Mrs. E Doupnik secretary. Mrs. Warren Johnson becomes treasurer. Ways and means appointees include Mrs. Floyd Dickey Mrs. A E Fairhurst and Mrs. Storck. Mrs. Harvey Trimble assisted in entertaining.
Mr and Mrs N F Sorg acquired the Joseph H Ensminger residence at 1700 Eighth Avenue. Ensminger, district supervisor for the Collier Crowell Publishing Line, Coregeny, has been transferred to City.
Ensmingers purchased the residence four years ago from Mr. and Mrs. A P Munson and plan to move to Kansas City after school ends this spring.
California-Lowell Parks travels to Pasadena to visit Mr and Mrs Dick Hall and to Alta Dena to see Mr and Mrs Walter Hall. The Halls are former Marion residents.
Carl Bostrom, 49, a former seven dollar weekly messenger, was elected president of the Chicago Board of Trade and will take office January 16. Born in Chicago, he started in grain trading at 14 with Lowell Hall and Company and rose to vice president, later joining Federal North Iowa Grain Corporation.
City briefs report L A Shulgin, son of Mr and Mrs Peter Shulgin of 1530 E Avenue NW, promoted to captain in the Air Force and stationed at the Savannah GA air base. Also noted are a $25 fine for John Gibney and various community notices including a radio program and a Davenport Investors Diversified Services promotion.
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