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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 20, 1946
Page
16
US livestock totals show receipts rising modestly Wednesday but still near multi decade lows. Hog totals reach around 12 000 with salables 5 500. cattle about 10 000. calves 600 and sheep 5 000. Prices vary with hogs at ceilings and cattle market firmer amid sparse supply.
U S Department of Agriculture report from Omaha notes hog receipts around 6 000 and calves about 12 000 with steady cattle values and some weakness in do main steer category. Sheep receipts near 13 000 with lambs quoted lower and woolly ewes scarce as buyers bid down on lambs.
Receipts include 5 500 cattle and 3 000 hogs with moderate activity. Cattle mostly steady with feeders scarce and prices for fed steers 15.00 to 17.00, midrange 13.25 to 14.75, and heavy demand for good fed calves. Hogs active and steady with barrows and gilts around 14.50, sows near 13.75, and feeder pigs up to 14.75. lambs and ewes sold at mixed prices through the day.
Combined hog receipts at 19 concentration yards and 11 packing plants in Iowa and southern Minnesota for the 24 hours ended 8 a.m. Wednesday totaled 26,800, up from 26,000 a week earlier but below 33,200 a year ago. Demand remained active and steady with barrows and gilts weighing 160 to 360 pounds at 14.45 and sows 270 to 550 pounds around 13.45 to 13.70 per cwt.
Market prices for hogs in Iowa appear with several quoted figures ranging from around 13.60 to 14.45 per unit. The data lists various lot sizes and grade indicators, reflecting ongoing price activity in the state market.
The Cedar Rapids hog market quotes ceiling prices with prime butchers at 14.45 dollars and packers at 13.70 dollars. Cattle show varied readings for yearlings and cows with figures around 14 to 16 dollars, calves and bulls listed with multiple price points, while sheep and wool markets note western lambs and select natives. Wheat rye hay poultry and wholesale fruits and vegetables pricing follow, including celery at 1.50 per dozen and Idaho Russet potatoes at 4.25 per 100 pounds.
Historical note records 105 sheep in Australia during 1792 marking early livestock numbers for the colony. This brief item notes the small antecedent herd as settlers expanded agricultural efforts in the late 18th century.
In New York, steels motors rails tobaccos and utilities led a late general rise of about two points. Carriers and utilities were mixed through the session but gained near the end as activity picked up after a slow morning. Volume was about 1.1 million shares.
A dense listing of numerous stocks with prices and percentages in one trading session. Companies include Adams Express, Kennecott, Libbey Owens, Lockheed, General Electric, Goodyear, U S Steel, American Can, and many others with varied quotational changes.
New York bond market opens the final hour in a narrow range with main trends mixed. American bonds rose modestly while gains were seen in railroad issues. Treasury issues traded inactive as traders waited for direction.
New York apples priced at 59 684 firm with 45 Ibs and over current. Butter receipts 650 495 firm with no price quotations. Cheese receipts 423 515 nominal no quotations.
The Chicago market notes steady egg and cheese categories with mixed figures for eggs at 24.337, cheese several items around 25 and 26, poultry values varying from broilers to turkeys with no dramatic shifts. Old stock supplies appear moderate as demand remains slow in the North US region.
Chicago grain futures drifted with muted demand and scarce pressure. May rye held above most of the day while Winnipeg weakness limited gains. Oats eased about a third to a half cent, wheat and corn barely moved, with May rye and barley near their ceiling levels.
A Chicago market bulletin lists No. 2 hard and white wheat at 1.82, No. 2 yellow corn at 1.19, and several field seeds with nominal figures including red clover 10.75, alfalfa 33.36, timothy 5.75 to 6.00, and red top 12. The report notes ceilings and nominal quotations for the period.
AP dispatch from Kansas City notes slaughter steers over half of receipts with slow trade. Good and choice heifers and mixed yearlings active on good and choice lots. Prices for loads of choice medium and heavy weights around 17 dollars, cows slow, bulls mid-teens, and stocker steers 13 to 15 dollars.
Eastern Iowans listed for return to United States ports include the Tusculum and the Gen. Collins with arrival dates in March. Names include Sgt Paul C Hilmers DeWitt T5 Richard E Bright Iowa City T5 Russell C Seaton Sigourney and others from Cedar Rapids Kalona Eldora Monticello Waukon Washington. Editor note says arrival dates are estimated and passenger lists may be in error.
Mrs. M. J. Harden of Independence was seriously injured Tuesday night when a car hit the rear of a truck on highway 20. She was standing on the shoulder beside the stopped truck on a hill. Greenly the driver was shaken but not hurt.
Assistant Secretary of State Will Clayton expressed hope on Wednesday that Russia would grant a UNRRA request for help with wheat shipments and align itself with the United States in food aid efforts. He spoke in Atlantic City, N J, as part of discussions on relief and postwar cooperation.
Card of thanks from Mrs Helen Fitsgibbons and family expresses gratitude. Lost items include a brown medium billfold and papers near Mt. Vernon Road. Classifieds list services, repairs, and local classifieds with multiple help wanted notices and reminders.
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