Cattle and Hogs Move Steady on Midweek Market
Chicago AP reports hogs rose up to 25 cents per cwt while cattle stayed unevenly steady to $1 lower and sheep held firm up to 50 cents. Estimates indicate 1000 cattle and 3000 sheep traded as salable.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 17, 1949
Page
7
Chicago AP reports hogs rose up to 25 cents per cwt while cattle stayed unevenly steady to $1 lower and sheep held firm up to 50 cents. Estimates indicate 1000 cattle and 3000 sheep traded as salable.
The report shows varied cattle and hog prices with loads and weights listed. Buyers report steady to lower demand for steers bulls and cows while vealers and cutters show softer or steady pricing and gradual volume changes across categories.
Receipts show slow to steady trade with cattle and calves weak to lower across Omaha markets with feeders and stockers down about 60 to 80 cents. Trade in Sioux City similar with mixed prices: fed steers around 21 to 24 dollars, cows weak, and lambs fluctuating with good and choice loads near 24 to 25 dollars per hundredweight.
Cedar Rapids hog market saw prices rise about 25 percent on Monday with prime butchers reaching 2000 dollars and packers 1700 to 1800 dollars. Cattle listings show varied weights and classes, including steers and cows, with multiple price ranges noted across different weight brackets.
Des Moines report shows weekly receipts near 78 000 with year totals around 60 600 and Saturday figures about 48 000. Inroads at two southern Minnesota packing plants and twelve plants with out-of-state shipping and country buying stations noted. Prices steady with minor changes across various weights and products including hogs and beef cuts.
The report lists hog price readings across Iowa markets from Ottumwa to Mason City with varied quotes. It also covers Kansas City livestock activity, noting slow sales, generally lower bids for fed steers and heifers, and mixed futures for bulls and calves with several loads and price ranges cited.
In New York the American Telephone and Telegraph stock rallied after a 4 percent early drop. By late trading AT&T was down about one point, marking a third straight daily loss. Overall market remained near unchanged with small moves and low turnover around 700000 shares.
Lard eased to seasonal lows with cash lard at 13 dollars per hundred pounds. Grains and soybeans fell. some futures above 15 dollars only for September lard. Wheat at May 2.23 to 2.24, corn around 1.44 to 1.45, oats down about 1 percent, rye down, soybeans lower. No. 2 yellow soybeans around 4.33 in Illinois and Indiana markets.
Elgin, Illinois veteran Carlton H. Larson, 29, faced a double tragedy when his wife Marcella died five minutes before the birth of twins. The two newborn girls were delivered posthumously via caesarean. Gary, the couple’s son, will live with his grandmother in Rockford while Larson plans to raise his remaining child alone.
The lead report notes rising point gains at the final hour with several rail lines showing strong performance. Centre of New Jersey and Colorado and Southern posted 48 and Delaware and Hudson reached the four and a half range in the fleeting market assessment.
A fragmented Chicago market page lists assorted fowl and produce items with assorted prices. It notes hens, turkeys, ducks, pigeons and broilers, plus poultry, cotton goods and sale quotes. The entry includes stock counts, price marks, and mixed commodity references.
The report lists scores and weights with teams and athletes noted in a compact summary. Key figures include an overall 30 to 63 score spread and a 620 weight mark. Names and precise events are partially unreadable yet indicate a junior or youth competition near western venues.
Dubuque county grand jury indicted Dr. Charles A. Loizeaux aged 74 on a charge of attempting to produce an abortion. He was freed on an eight dollar bond pending preliminary hearing. The complaint was brought by a Dubuque married woman.
Berlin dispatch reports the Western Big Three announce creation of a joint military security board to enforce full demilitarization of Germany under Western control. The board may inspect, shut down arms production, and direct peaceful use of facilities, with decisions needing military governor approval.
Marion area brief notes Keith LeRoy Young, Pharmacist's Mate second class, 19, killed May 11 1945 in the South Pacific, is enroute to the United States after burial at Okinawa. Memorial services were held August 5 1945 at the Methodist church.
Hollywood hobbyists exploit star likenesses to sell Paris dresses scrapbooks and autographed lookalikes. Thelma Ray guides customers to imitate stars like Rita Hayworth Lana Turner and Bette Davis, advising on dress hair and behavior for a fee while selling related products and tips.
Plymouth Free Methodist church and all its contents were destroyed by fire on Sunday. The 65 year old frame church stood as a community landmark.
Ongoing talks about a tunnel linking France and England persist with renewed attention since May, aiming to connect two nations via a fixed link. Negotiations focus on financing routes and potential regional benefits.
The AP reports a brewing dispute between major oil companies and independents over importing Arabian oil as domestic production and fuel oil shortages drive debates in Congress. The issue spans prices, Venezuelan and Mexican oil, steel allocations, and national defense considerations amid international politics.
Former Czech leader Eduard Benes told secretary Edouard Taborsky that his greatest error was believing Stalin would not lie. Taborsky, who accompanied Benes to Moscow in 1943 and 1945, quoted Benes recalling disillusion after 1945 as Russians backed Czech Communists. Benes died September 8.
NER Mass. store test by manager R J Gibbons placed a dollar in a baking tin by the entrance with a sign inviting “Make Your Own Change for the Parking Meters.” After a week he found the tin still held exactly one dollar, suggesting shoppers returned the money.
A Hoover Commission committee recommends abandoning the Farmers Home Administration, the successor to the Farm Security Administration. It currently mainly provides loans to help tenant farmers buy farms, but few borrowers remain engaged in the program.
Fragmentary notice lists ad rate figures and payable terms with scattered numbers and words. Includes phrases like one day class, rates, advance payment, and various illegible tokens.
A dense page of assorted notices and ads lists services, job wanted and for sale items. It mentions income tax help jewelry stores hardware and repair services along with employment wanted ads and rental offerings.
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