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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 04, 1952
Page
3
Chicago livestock notes show a 40 percent hog overrun Wednesday driving prices down 25 to 50 cents. Slaughter hogs mostly sold between 19.25 and 21.50 for butcher weight, with sows from 17 to 19. Receipts around 1,000 hogs and broader cattle and lamb figures follow USDA reports, with varied declines and steady to weak demand across weights and classes.
The Marion fire department offered to furnish license plates for all bicycles in the city. Bob Grimes announced the plan to the city council, noting plates would be tempered masonite and painted with registration assistance from the department. The council requested time to consider and set June 10 to meet with the Iowa Electric Light and Power Company to discuss rates.
Sioux City Iowa AP censuses show salable receipts around 4500 with calves 25. Slaughter steers under 1100 pounds slow while heifers and cows opening steady to strong. Bulls 50c lower. stocker and feeder demand virtually absent. Prices: steers 31.50 to 33.00, yearling prime 34.00, most heifers 30.00 to 32.50, cows 22.00 to 25.00, canners 18.00 to 22.50.
NEW YORK AP reports stocks rose to a new high for the year as demand for railroads boosted prices. Trading volume was about 1,100,000 shares, with gains near the close and the market showing strong upward momentum.
Cattle receipts show calves 200 price levels steady to lower with slaughter steers easing. Mixed yearlings and stockers trend weaker while good to prime heifers show limited strength. Two loads of yearling stock steers around 32.90 finish mixed with regional price ranges noted.
Dow Jones averages and Ottumwa hog quotes show top hog at 19.75 with varying Carcass weights from 160 to 360 pounds. Grain notes include oats at 78 cents and wheat at 2.10 dollars with corn around 2.90. Field grass seed prices list Timothy, Red Clover, Alsike, Meadow fowl, Alfalfa northern and Canadian values.
Waterloo hog market reports steady trend with price tiers by weight. Quotes show live hogs ranging from 380 pounds at 17.50 per hundredweight to 550 pounds and above at 16.25, with multiple brackets across 180 to 550 pounds.
Receipts Wednesday estimated at 45 000, down from 52 000 week ago and 46 000 year ago, with actuals Tuesday at 49 000. Hog prices for barrows and gilts across weight classes ranged from 16 50 to 20 50 per cwt, with trends mostly steady to 50 cents lower and some declines noted for sows.
Chicago AP reports soybeans surged as much as 10 cents in a wild buying spree. All soybean contracts posted new seasonal highs. Wheat finished steady to slightly lower, oats and rye moved modestly, and corn and lard showed small fluctuations with July prices noted.
Chicago market update shows cash wheat at varying values and corn futures with No 2 yellow at 1.84, No 3 1.83, and other grades around 1.79 to 1.75. Oats and barley listed with nominal and feed ranges. Soybeans not reported.
Cattle receipts reach 6000 with calves at 75. Demand for weights over 1000 pounds fell 25 cents or more per cwt, while light wearling steers and heifers ranged steady to weak. Cows mostly steady, bulls and weaners meaty. Early sales list fed steers 31 to 33, commercial to low choice 26 to 30.50, Holstein steers 27.40 to 28.50, prime heavy steers above 34.50, heifers 29 to 32.50, cows 20.50 to 24, bulls up to 27, primes 35.
Live poultry steady with mixed price changes for various breeds. Cheese and butter prices quoted with grades and scores. eggs, onions, and potatoes noted with receipts, demand, and market status. New York report mirrors cheese and butter prices with unchanged scores and eggs remaining steady.
Linn County Bar Association seeks preservation of the federal court deputy clerk’s office in Cedar Rapids. The office, set to close June 30, is discussed as a one day per week operation. Judge Graven will seek guidance from the justice department bureau administering the federal court system. The Cedar Rapids division now handles 46 civil and other cases. the minimum to keep it open is 50. Randall notes Cedar Rapids’ status as a major county and city, sustaining efforts to retain the office.
Robert Williamson of route 1 appeared before Judge William Matias on charges of driving a car with bad brakes and discharging firecrackers within city limits. Williamson was fined $10 on each charge and lost his driver’s license for 30 days. He was arrested at 11 01 p m at First avenue and Tenth street E, with reports of firecrackers discharged at that location and on A avenue.
Chester Freed 23 of 508 Fifth avenue SE is free after a 90 day sentence for larceny was revoked. His wife Helen 17 received a 30 day suspended sentence after confessing to taking clothing linked to the case. County Attorney Glassgow moved to charge Mrs. Freed.
Robert Paulson 23 of 1428 Fourth Avenue SE and Shirley Hooker 22 of 721 Fifth Avenue SE were reported in good condition at Belvidere hospital after a light plane crash near Belvidere Illinois last Friday. Both suffered broken backs when the craft went down on a farm while en route to Chicago.
A dense classified page lists numerous lost items including a cream-color trousers pair and a cigarette lighter of Geo W. Convey, with contact numbers. It also shows varied services such as moving, cleaning rugs, furnace and heating company ads, and a wide range of home improvements from painting to chimney repair and junk removal, with contact numbers and addresses scattered throughout.
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