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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 14, 1950
Page
5
Market roundup shows hogs down 25 cents per hundred pounds while cattle varied 50 cents lower to 25 cents higher. Lamb bidding weak, sheep receipts 2 500, cattle receipts 7 000 with steers steady to lower and bulls firm. Prices spanned from 11.50 for slaughter lambs to 30 for top beef cattle, with many midrange values in the 20s and low 20s for cows and bulls.
Receipts Tuesday show 8 000 week ago 37 500 year age 30 ls Monday 170 000. About 12 plants in southern Minnesota and 30 can tion yards in Iowa plus out-of-state stations. Prices for butchers and sows mostly steady to 35c lower. Barrows and gilts by weight with varied prices from 160-330 lbs ranging roughly 14.50 to 16.85 dollars. Short on details due to broken text.
Kansas City market notes show calf receipts around 400 with fed steers and heifers generally steady. Bulk medium and fed steers quoted at 23.50 to 27.50 with a Nebraska load at 28.00 for 1065 pounds. Mixed yearlings and heifers around 28.50 for top loads, averages 23.00 to 26.50.
Ins hog prices shown for various weight ranges from 160 pounds to 550 pounds. Top price is 40 cents from the offer, with several weight brackets listed and different price points for sows across ranges.
INL market notes open with fed steers slow to weak, most around 50 cents under top grades. Cows active, bulls steady, stockers scarce. feeders also scarce. Prices show varied ranges from 19.50 to 27.00 with heifers and canners listed in lower brackets.
Waterloo reports show butchers down 20 cents, sows 10 cents, top price 16.40. Prices listed by weight class for butchers from 160 to 360 pounds and sows from 270 to 550 pounds with varied yields and currencies.
Cedar Rapids hog market prices eased by a dime to 20 cents Tuesday with prime butchers at 16.65 and packers at 15.00 for hogs at the Cedar Rapids plant. The report lists varied price bands across weight classes for butchers and packers, plus values for cattle, calves, sheep, poultry, produce, and grain markets.
New York report says quiet buying nudged the market higher with many gains in small fractions near a point. Turnover ran about 1,000,000 shares as trading edged upward.
Chicago market reports mixed receipts and steady to firm prices across butter, cheese, live poultry and potatoes. Butterfat values range 58 to 60 cents with various grades noted. cheese includes Twins and Swiss at mid thirties. poultry shows steady to strong with hens at 20 to 29 cents and turkeys 27 to 41 cents. potatoes listed with several regional prices and U.S. shipments.
NY UP reports butter receipts at 1.12 million lbs with market easier and unsettled. First hand wholesale net prices rise for creamery grades, eggs show steady to firm with mixed colors and weights, wholesale per dozen near 34 to 40 cents. Cheese prices remain steady with cheddar 34 to 36 cents and grass and cured 46 to 52 cents.
Siou x City market reports salable receipts 6700 head and calves 25. Slaughter steers and heifers were slow with light weights and a few 25 to 50 cents lower bids. Cows were active and mostly 25 cents higher for two days. Stockers and feeders showed little change. Notable prices include 1047 lb yearling steers at 27.00, 1400 lb beef cows at 26.00, 825-875 lb heifers around 50, few good medium cows 23.00, cutters 17.00, and stock steers 21.00-24.00.
Official confirmation of damage to the winter wheat crop in the Southwest by dry windy conditions touched off renewed buying in wheat Tuesday. March wheat rose to a fresh high since 1948 while soybeans and oats also traded at seasonal highs. At the close wheat fell 0.04 while March prices showed notable gains across grains.
Chicago market report lists corn grades at about 1.31 to 1.36 per bushel with various quotes. Oats show multiple heavy and white grade prices around 0.80 to 0.84. Barley and field seeds quoted with nominal ranges. soybeans No. 1 yellow around 2.47 per bushel track Chicago.
Arthur Brayton of Des Moines urged about 225 attendees at a Marion Farmers Merchants dinner to sharpen Iowa’s public image. He stressed knowing local communities, selling the state, and using courtesy, thoughtfulness and friendliness as core public relations. Marion Chamber sponsored the event with Linn county farmers attending. Frank LaBarge welcomed guests and Chuck Worcester served as toastmaster.
New oilfields opened last year pushed U.S. proved reserves to a near record, adding 982 million barrels as wildcatters profit from high prices. API and Sun Oil officials note undrilled reserves loom large and potential also exists in North America for many years to come.
After Mrs. Blair's uncle Henry La Follette funeral the group visited her grandmother Louisa Foster at Westgrove. Dinner honors for Pearl Crowley Maude Secrist and Guy Grandle called to Marion by Charles H. Grandle's death.
A scanned Gazette page outlines want ad rates by line length and deadlines for same-day and Sunday publication. It includes thank you notices, memorial messages, lost and found items with locations, and business service ads such as jewelry and detective agencies. Names like Mrs. Petrak and Mel Holmes appear alongside locations in Iowa towns and venues, with multiple contact details and addresses.
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