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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 01, 1949
Page
3
Lamson Brothers reports on wheat oats soybeans and lard prices across July September and December contracts. Highlights include July wheat around 1.87 to 1.89, September near 1.90, soybeans near 2.16, and lard around 11.3 to 11.4 with varied day to day movements.
Chicago market notes show hog trading was less active with mixed price moves. Early marketing ran steady to 25 cents higher for butcher weights but then eased to steady and closed dull. sows held steady to 50 cents lower.
Hog receipts reach 8000 with weights under 246 pounds steady to 25 cents higher early but slow later. Cattle trade active with steers and heifers up to 50 cents higher, cows and bulls steady to strong. Lambs mixed with medium to choice spring lambs 25 to 31 dollars, old crop lambs around 28.50. Top prices listed for several load lots. overall selling slow and prices uneven across classes.
Receipts Wednesday estimated 38 000 weekly 26 500 yearly 41 500 actual Tuesday 40 500. Unloading at packing plants in southern Minnesota 12 plants and about 30 concentration yards in Iowa with some out of state stations. Prices vary with 25 to 75 cent changes on heavy weights. Barrows and gilts good and choice ranges listed by weight class.
USDA cattle receipts at Omaha reach 8 500 with calves salable 150. Fed steers uneven yet 50 cents higher in spots while heifers and yearlings rise up to 25 cents. Cows mostly steady with beef cows up 25 cents. vealers steady to 50 cents. Large loads show good to low choice steers at 27 50 to 28 00 per hundredweight and feeders scarce amid mixed grading.
Receipts 6400 cattle with calves 75. Slaughter steers and heifers firm to higher by up to 50 cents. Cows largely steady. Stockers and feeders scarce but firm. Prices include liberal share of good fed steers 25.50 to 26.50, some loads to 27.00. Beef steers 27.25 to 27.50. short fed heifers 24.50. Cows 18.00 to 19.50, good 20.00 to 23.00, canners 16.00 to 17.25. Small lots of stock steers 23.00 to 25.50.
Receipts totals around 3 000 head with calves about 500 and steers yearlings and heifers higher. A load of high choice Kansas fed yearlings traded near 895 dollars while small lots and other good to choice fed cattle sold from 23 50 to 28 50 for heifers and 26 00 to 28 75 for steers. Stockers and feeders remained scarce but steady.
Prices steady to higher on the Cedar Rapids hog market with top prime butchers at 21.00 and packers at 18.50. Cattle lists show various weight classes and prices for steers, cows, and bulls. calf, sheep, and wholesale fruit and grain figures accompany the report, reflecting a broad market snapshot.
In New York the stock market ended higher after opening losses of fractions to about a point. Prices finished with a mix of small gains and losses, with many changes remaining fractional.
The report lists closing figures for the Dow Jones Averages with mixed moves across railroads and industrials. It notes several prominent companies and securities including Allis Chalmers, American Can, United States Steel, and Coca Cola among others, reflecting broad market activity for the period.
Chicago reports a firm corn trend on Wednesday aiding nearby grains while wheat turns lower after early gains. Government plan to reseal 1948 corn supports buying. Texas new crop wheat for immediate shipment lifts briefly then eases. July futures show corn up around two percent, wheat mixed, soybeans mixed with a slight drop, and fats steady to higher.
AP report from Chicago shows prices for wheat corn oats and soybeans with various grades and numbers. No. 2 and No. 4 corn quotes and oats and soybeans values are listed with track prices for futures and spot markets.
Market notes from Ottumwa show live hog prices: 170 to 180 pounds 20.75 per cwt for a single hog. sows 270 to 330 pounds steady at around 17.50. 500 weight hogs trade near 316.
Archbishop Josef Beran warned that further talks with the government would be futile after a cabinet minister announced only Marxist aligned state schools would be allowed. He accused the government of ending peace talks and threatened excommunication of Catholic collaborators in a private letter to clergy as state control over church personnel expands.
Mrs. Frank Hahn, wife of Mayor Hahn, in good condition at Luke's hospital after nasal hemorrhage. admitted Monday. A billfold worth about $75 reported missing by George Price, likely dropped in Bever park Sunday. Gardiner Dutton wins Grinnell College scholarship among 19 freshmen. Ralph R. Steffa Jr and son visit Cedar Rapids while en route to Omaha. E D McCoy Insurance moves to 315 Higley building. Virgil Fritz fined $25 for drunkenness and disturbance, with $15 suspended. Wathan Motor reports theft of a gray 1941 Pontiac from a used car lot after breaking into the office.
The Waterloo hog market lists prices per hundredweight with quotes such as 21.00 base, 18.60 and 17.75 for hogs weighing 500 to 550 pounds, at 17.23 to 25 cents in the trade report.
Chicago producers report 32 trucks of live poultry with varied prices for fryers, open hens, and chickens. Carcass and processed meat prices show fluctuations with steady demand and mixed consignments. cereal and car prices listed, while car arrival totals and shipments indicate a steady market.
The report shows several commodity price quotes including Butter Unchanged at 93 score AA 60%c and Pochenet 92 score A 58'cc. Other items list unchanged values and small adjustments in assorted weights with E Receipts Volo 234 steady as prices remain steady.
The Cedar Rapids Community Chest Campership committee chose 33 applicants for one week of camp at Waubeek Huaga or Wapsie with full or partial aid funded by a $1,000 Campership fund. Selection favors leadership ability and financial need and a meeting later this week will decide about 30 more applications.
W E Failor and his wife celebrated their silver wedding anniversary with a reception at the Presbyterian church attended by about 100 relatives and friends. The Rev C V R De Jong officiated, Ruth Engstrom organist, De Jong's wife sang, and a program followed with multiple performances. Out-of-town guests and a birthday shower for Miss Darlene Horrick were also reported along with local notices and a court fine.
Mrs Fran E Luse entertained twelve guests and the honoree Miss Nylene Potter at a miscellaneous shower Tuesday. Miss Potter will marry Jack Awbrey this month. she and the hostess were Marion High School classmates.
Roy Patterson of Pasadena, a former Marion resident, will arrive this week to visit friends while en route to the East Coast.
Paul Wright and the Marion public schools band will open the season with a June 9 concert in the Marion city park. The series continues every Thursday through August 5 with performances in the park.
Rock Island detectives seek Cedar Rapids police help after five mixers and four toastmasters valued at 278.50 dollars disappeared from a boxcar passing through Cedar Rapids on May 20. The freight was bound for Waterloo when the theft occurred.
Myron Spilde reports a break in at 709 Seventh Street SE. He found $15 in dimes missing from a kitchen cabinet after returning home at 2 30 PM Tuesday. Entry was gained by cutting a slit in the back screen door.
Des Moines AP reports Dr. Jacob A. Swisher named to Johnson county draft board to fill vacancy from the resignation of William Hart the new U S district attorney for southern Iowa announced by Col R A Lancaster from state draft headquarters.
The illness of seven year old John Rayman of Eiberon has been diagnosed as polio at University hospital. He was admitted Tuesday and is reported in poor condition. A hospital source said the case was the seventh admitted for treatment since January 1.
The Cedar Rapids board of review cut about 30 percent from the assessments on 42 unimproved Parcrest Addition lots on Old Marion road west of Cedar Memorial cemetery. The owners The Ins table Life Assurance Society petitioned May 20 for adjustments on 63 unimproved lots as slowing Cedar Rapids building activity prompted lower valuations. The 42 adjusted lots face unimproved streets and had total original assessments of 37 000. The board also granted tax relief petitions for 1948 and suspended some taxes as hardship cases for Fred Stevens Gertrude Madison and Enid Siemering. The session concluded the year's board.
George Priborsky owner at 1616 Sixth Street SW faced a $50 fine plus costs in justice court for illegal possession of gambling devices after patrolmen Moran and Pelisek found an open window at the Duck Inn at 2 a.m. Wednesday and entered. A box of barley jar tickets was found during the search, with no prowlers discovered.
Police seek a man using the name Alvin Tandy who passed a worthless $25 check at Tony's grill last week. Tony Nassif, owner, said the check was drawn on the Guaranty bank. The passer is described as about 35, five feet seven inches, 155 pounds.
Twenty Cedar Rapids Young Men's bureau members and 15 wives will attend the National Junior Chamber of Commerce convention June 7 to 11 in Colorado Springs. Attendees include Mr and Mrs Moon, Hiland, Shirk, Hart, Anderson, Hastie, Harrington, McLean, Musil, Ruffin, Fetzer, Hallenbeck, Prastka, Vernon, Verba and additional VMB members Frank Nye, Harold Ward, Roy Swanson, Bob Ettinger, and Bob Gardner.
Lucille Walker, 35, of 711 Tenth avenue SE, suffered a bruised shoulder when the cab she rode in collided with another car at Eighth street and Sixth avenue SE. She was treated and released at Mercy hospital. Cab driver William Clark was uninjured. Other driver William Ditzler of Belle Plaine was fined $5 and costs for failing to yield the right of way.
Washington officials warn a summer wave of strikes may erupt as unions push for fourth round wage boosts and as Taft Hartley provisions loom. Negotiations in coal steel auto and maritime sectors plus smaller strikes could affect labor peace this season amid employer resistance and varied settlements.
Jackson Daniel Dennis son of Mr and Mrs Louis D Dennis of 11600 Avenue NW was named winner of a Harvard University Freshman Scholarship. Dennis, a January Roosevelt high school graduate, earned National Honor Society honors and major letters in golf and football. Fifteen hundred applicants vied for the 14 scholarships for the 1949 50 year with renewal possible for four years. John Edward Snell also won a Harvard National Scholarship.
Eleven eastern Iowans have enlisted in either the army or air force, the Cedar Rapids recruiting station reported Wednesday. Jerald L. Kelso and Roger L. Hutchinson of Marion are three year air force enlistees, while Martin A. Seeger of Cedar Rapids re-enlisted in the air force for three years. Six Marengo men joined for three years in the regular army: Robert G. Roggentein, Joseph C. Chehak, Howard A. Charles, James E. Freeze, Wayne A. Kahler, Donald Harderbrook. John T. Beranek of Oxford Junction and Kenneth B. Danker of Keystone enlisted in the army for three years.
Out of town want ads payable in advance. Lost and Found notices list items and rewards with contact numbers. Contains scattered fragments about lost picnic basket jacket and wrist watch and a watch repair ad from Hover Jeweler.
A jumble of ads announces painting and remodeling services, tailoring, watch and jewelry shops, rug cleaning, lawn care, and equipment rental. It notes a car rental offer by the week or five cents per hour and lists various contact numbers and locations in Cedar Rapids and Roosevelt Hotel area.
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