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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 10, 1951
Page
3
Chicago dealers report hogs steady to 25 cents lower with receipts around 16 000 head. Cattle listings show steers and bulls mixed with strong to lower tendencies while lambs and sheep demand remains weak to steady. Prices quoted include good and choice steers around 32.75 to 36.75 and prime steers near 40.00 with calves and cows showing varied moves.
Prices on the Cedar Rapids hog market were steady to a quarter lower Wednesday with quoted weights across hogs and steers. The report lists prime to utility grades, yearlings, cows, bulls, and a full slate of wholesale fruits and produce alongside grain figures for wheat corn soybeans oats.
The stock market fell sharply as a selling wave hit New York trading on Wednesday, with losses exceeding $2 a share. A partial recovery near the close trimmed the deepest declines, which reached about $3 a share. Volume was about 4 million shares.
Live poultry receipts number 30 trucks with hens colored over 5 lbs and under 5 lbs priced at 30c and 29c respectively. Turkeys hens 33c, pigeons $2.00. Cheese prices mostly in the 40s to 50c range for various forms, butter weak with scores around 69c to 71.5c. Eggs receipts 15,266 cases with weak market. extra large 44c per dozen, other grades 42-43c. Potatoes show mixed track sales across Idaho, Colorado, Minnesota, North Dakota and Nebraska with prices from about $2.30 to $3.20 per 100 lbs and various washed and graded lots.
New York wholesale prices for cheese butter and eggs listed by grade and weight. Cheese reports Cheddars grass and single dairy prices. butter receipts at 779,096 lbs with varied creamery scores. eggs receipts 19,058 cases with wholesale prices for mixed colors checks whites browns and heavyweights.
Chicago AP reports a brief selling spike in the grain market around midweek with wheat down to 2% and other grains lower. Prices on March futures fell across wheat corn oats rye and soybeans while lard moved variably. No specific news drove the selloff, though price-control items surfaced in Washington.
AP reports cash grain prices in Chicago with No. 3 red wheat at 2.40, No. 3 yellow corn varying by grade up to 1.73, oats at 1.00 to 1.30 for heavy white, soybeans No. 1 yellow at 3.14 with Indiana origin noted.
Packers unload at two southern Minnesota plants and twelve Iowa facilities with about thirty concentration aids and some out of state shipping. Prices steady to 25 cents lower with varied l osses across weight classes and sow ranges. top hogs hover around 19.60 per hundredweight while sows trend lower near 16.75 to 18.60. Moderately active to slow demand accompanies the delivery figures and regional activity.
US Department of Agriculture update from Omaha shows cattle receipts around 5 500 and calves 100 with steers and heifers strengthening and prices up to 25 cents higher. Cows to 25 cents higher bulls steady dealers firm stockers and feeders firm with several loads of choice to prime steers from 36 to 38 dollars per hundredweight and around 37 for heavy loads.
Sioux City market reports 3 600 cattle receipts with calves 75 and stockers scarce. Slaughter steers held largely steady to weak while heifers and cows showed weakness. buyers quoted prices from 21.50 to 37.25 for various weights and grades. several load lots sold at 36.25 to 37.25 for prime steers.
The notice lists various price points for different weight ranges of meat from Waterloo and related outfits. Prices range from 10.00 to 18.00 per hundred pounds with several bracketed weights and a steady trend indicated.
Receipts around 4000 head with calves about 300. Fed steers weighing 1150 pounds mostly steady to weak with some 25 to 50 cent declines for heavier weights. High choice and prime medium weight fed steers 35.50 to 36.00, mostly good and choice 30.50 to 34.00. Heifers steady to weak with 33.75 for high choice 1004 lb heifers. Stockers and feeders firm. 925 lb feeder steers at 32.40.
A solitary B-29 Superfortress engaged about fifteen Russian-type jet fighters above northwest Korea near Sinuiju. Despite engine trouble it fought back with 50 caliber guns, claimed a probable jet shot down, and returned safely after a nine minute running battle led by Lt. Dale J. Younger of Cameron Missouri.
In Sunflower Mississippi shopkeepers enforce an informal curfew by ringing a bell at a set time to signal closing time. The practice stems from a local shortage of clocks and unifies the town’s nightly routine.
Vernal E. Stimson was installed as commander of Patmos Commandery No 27 K T during a joint installation with chapter 10 RAM. Arthur O. Harstad, past grand commander, served as installing officer, with Marvin Oxley as installing marshal.
Mrs. Lulu Luse installed noble grand of Grove City Rebekah lodge with district deputy Mrs. Agnes Le Guire of Mt. Vernon leading a staff that included vice grand Mrs. Gladys Burrows and numerous officers. A retiring noble grand, Mrs. Mae Fadness, was escorted to the East Noble Grands Association by Mrs. Grace Berlin.
Detroit Metropolitan Airport starts fingerprinting 600 workers pilots and plane owners for security purposes as part of a broader credentialing program.
Four Oelwein men Art Krum 28 Howard Krum 19 Darrell Krum 17 and Robert Buell 17 were charged with automobile theft after taking a Waterloo taxi to Creston and leaving it abandoned near Afton. A woman Virginia Joan Terry of near Winterset is held in a check case.
Ottumwa reports the John Morrell and Company packing plant halted most fresh meat operations and exited the hog market amid a strike cited by the CIO United Packinghouse Workers. UAW Local No. 1 President Walter Van Tassel says about 100 workers were suspended for refusing transfers. The company calls these refusals a strike and will not negotiate until staff return. arbitration offered if they resume work.
Elberon Mrs. Charles Upah reported her son Warren McDonald is missing in action in Korea. The notice appeared in The Gazette via special report from Elberon.
A dense classified page lists monuments and jewelry shops, rental ads, lost and found notes, nursing home services, and event notices. It includes VA memorials Novak & Son and Betz Monuments, plus stores Siegel's Jewelry and Vincent's Jewelry, among others.
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