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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 21, 1949
Page
11
Chicago livestock notes show hogs selling to a steady to weak tone with good clearance. Cattle and sheep remained steady to weak. receipts roughly seven thousand hogs, calves and yearlings around four hundred, with varied bids and some higher prices on select fat cattle and lambs.
Livestock receipts 3000 hogs with barrows under 240 lbs up 75c. 240+ steady to firm. Cattle receipts 650 calves and mixed steers, stockers and feeders scarce, prices for medium to good fed steers $2000-$2350. cows $1450-$1650. canners $1350-$1400. Sheep receipts 2000 lambs steady, feeder lambs 87-106 lb $82-$100, slaughter ewes $1175.
Kansas City market notes show cattle receipts at about 700 calves and 100 cattle, with offerings across classes too light to test the market. Buyers and traders consider whether limited supply will affect price and demand dynamics in upcoming sessions.
Cedar Rapids hog prices held steady Friday with top prime butchers at 1975 and packers 1675. Good and common weights across hogs steers yearlings and cows show varied but steady quotes from 14 to 27 at many weight classes. Grain and butter egg futures listed. rail bonds rise, with Mississippi River stages noted at Hastings and Dubuque.
In New York the market drifted after a week of gains with late trading slipping. Buying slowed and small shifts dominated with turnover near 800 000 shares.
Receipts show 500 head slaughter cows and small run of feeders, with bids steady to weak. Heifers around $11 to $94, cutter cows $14.40 to $15, sows steady, and sheep market mixed with slaughter lambs around $24 to $28 and killer ewes unsold.
Iowa packing plants report steady overall demand with some out of state buying. Trade shows 80 000 head week with 60 000 to 80 000 actuals for Thursday. Operations include two southern plants and 12 distribution yards. prices vary by weight class with several ranges listed for cattle and hogs.
Chicago markets opened lower then advanced as short covering led gains across grains. Soybeans led the rise with some cash buying in corn, while government timing for February delivery at Atlantic points extended. Wheat, corn, oats, rye, soybeans, and lard all closed higher or near highs with May or March contracts noted.
Chicago AP reports mixed grain quotes with No 3 yellow corn around 142 to 144 and No 4 about 132 to 147 per bushel. Oats and barley show nominal/ feed values and timothy priced around 17 dollars, with sweet clover at 15 dollars per unit.
Plymouth Wisconsin prices moved toward the downside with generally steady trading. Uncovered offers balanced sales of cheddar blocks and daisies with bids unfilled. Multiple lots of white and colored cheddar ranged from 30 to 34 cents, including 60 day maturities.
Chicago market notes show mixed but steady arrivals for poultry potatoes and butter. Prices vary by grade with russets firm for top stock and Idaho Minnesota values listed alongside standard and extra grades for butter and other dairy products.
The report shows mixed price movements across dairy items with specific fractions and quotes for different grades including 83 score AA and 64'4¢ up 1, 82 score A 63440 2 2, 90 score B 62'4c up 348, and various fractions for extra No 1 large cheeses. Receipts for Cheese show 187,904 and prices steady or unchanged.
City lodge IOOF meets at 7 30 tonight at 838 First Avenue NE First degree to be conferred. Bake sale Newman’s Saturday lunches served. Pleune Ml A T Pleune observes at St Luke’s Hospital for observation and surgery. City Cab two way radio Dial 6161. Canopus Club elects new officers George K O’Brien president George J Novak vice president Joe H Wood secretary Clifford C Lyon treasurer. Retiring president Sid G Blencoe. Fined $100 Roy Seeman 35 of 2316 Thirty seventh Street SW pled guilty to reckless driving after collision with a semi on highway 30 near Tubbs garage. Chevrolet display January 22. Shueyville Church services Rev Lyle K Anderson 9 80 am Evangelical United Brethren church worship Sunday sermon Work of a Lifetime Church school 10 80 am youth groups 7 pm Cub Pack 33 Cleveland school round up honors Tommy Covington Jack Ernet initiated. Awards to Van Amburg Larry Bower Mer cer Douglas Zanka Richard Ruby Harold Clark George Mand Ronald Robertson Loyal Adams Jimmy Olver Terry Cairns Seven Reggentin Danny Beam.
A historical note states measurement in England lacked standardization until John created yardsticks in 1758. The entry highlights the shift toward uniform units and the impact on commerce and science of the era.
United States Steel and Bethlehem Steel boards meet next week to discuss dividends stock splits earnings and depreciation. Wall Street gauges possible actions amid forecasts of 1948 earnings around 11 a share and a shift in depreciation accounting shaping future profits.
Attorneys for H. G. Becker filed in district court seeking a hearing on the Buchanan county board of supervisors omission to approve Becker’s bond. Becker, elected constable of Washington township as a write-in, posted bond Jan. 3 but the five day legal deadline passed without action. The county attorney had previously sought an opinion from the state attorney general that Becker is ineligible due to a liquor law conviction about ten years ago.
Marine Cpl. Lyle E. Wagaman 24 died February 22 1945 on Iwo Jima. Service 2 p.m. Saturday at Sheets funeral home Tipton with Rev. Leo Wolfe and V F W and American Legion posts officiating. Survived by parents a sister and five brothers. He graduated Mechanicsville High School in 1939 and enlisted December 8 1941. He served at Guadalcanal Bougainville campaigns.
A district court jury found Kenneth Wimber, 26, guilty of manslaughter in the traffic death of Enoch Peterson, 63, during a head-on collision in Des Moines last May. Peterson was fatally injured when his car collided with a xe driven by Wimber.
Luncheon hosted by Mrs. C Robert Elias at 1990 Tenth Avenue included teachers from Emerson school Hazel Snell Ruby Powles Margaret Downing and Joyce Eicher. Kay Sanders wed Clayton Bohstedt in Cedar Rapids with Mary Powers and Oliver Klein as attendants. Birth to Mr and Mrs Frank Fox Joliet Ill a daughter Susan Marie born Jan 18. Engel family to Minneapolis as Charles A Engel becomes Trojan Inc executive. Indian Creek Country Club hosts a bobsled party with oyster stew and dancing Saturday. Mrs A B Hender Davenport visits son Dr R A Hender. Sgt James Gillen Cedar Rapids army recruiter rents Nick Kepros apartment.
Classifieds list rental options and services from repair shops to tailoring and hauling. Ads mention clothing, rug cleaning, watch repairs, tax services, horse trades, nursing home accommodations, and employment inquiries. Local businesses include Rosen's Tailor Shop, Kenwood Transfer, Electra Clock, and Watkins Products among others.
A petition signed by nearly 3,600 Polk county residents was filed with the Iowa legislature Friday urging repeal of the sales tax on food. Governor Beardsley had campaigned for repeal, facing opposition within his party, with lawmakers broadly opposed and potential annual revenue loss estimated at about 7 million dollars.
David Stoffman a 24 year old divinity student at the Church of the Brethren college in La Verne California received a year and a day sentence after refusing to reconsider his draft registration stance. Federal Judge Walter Labay offered to delay the case to April 1 for a change of mind but Stoffman refused stating I wont reconsider.
Scientists estimate that since 1923 wheat yields have increased 15 to 20 percent through the development of improved varieties.
Out of town want ad rates listed for 3 and 7 day placements. Memoriam tribute for Theresa Engen notes years since her passing and includes a message from friends Bill Frits and others.
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