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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 03, 1951
Page
2
Public hog prices Thursday were mostly steady to weak as cattle rebounded from early declines with gains up to 50 cents. Sheep and feeders showed softness while hogs faced a mixed trading day. Grain quotations from Lamson Brothers accompany the market note.
Hogs receipts about 8000 with market opening moderately active and late trade slow. Top 21.5 for several loads valid for 220 lb hogs. weights 190-260 lb around 21.40 to 21.60. 210-300 lb hogs 20.15 to 21.40. sows 450 lb and down 16.50 to 19.50. Cattle receipts 2500 calves 300. steers and heifers steady to strong. bulk good and choice red steers 32.50 to 36.50 with high-prime scarce. cows and bulls about steady to 1.00 lower. utilities 23.25 to 28.00. good to prime dealers 34.00 to 40.00. Sheep receipts 500. lambs weak. ewes 17.50 to 18.50.
Sioux City cattle receipts total 3 000 with 2 500 calves as slaughter steers and heifers show little change. Prices move to 32 35 for good and choice steers. commercial to low good slow. Cows decline to 22 26. stocker and feeder stock light. Prime absent. newer low to mid 20s for various grades.
In Omaha the daily cattle market shows 4000 receipts and 75 calves. Red steers and heifers held steady to strong while cows were uneven with drops of 25 cents or more on some offerings. Bulls weak to a dollar lower and vealers mostly steady. stockers and feeders scarce. Prices ranged from 27.00 to 37.00 for various grades and classifications.
Cattle receipts total 800 with 100 calves in a cleanup sale. Slaughter steers and stockers were uneven and weak to lower. Bulls, dealers, and killing calves held steady. Good to prime fed steers were scarce while good to low choice heifers sold 30.00 to 32.50. Utility and commercial cows brought 22.50 to 27.00, bulls 26.00 to 30.00, and dealers and killing calves 33.00 to 37.00.
Receipts Thursday estimated 43 000, week ago 50 000, year ago 39 500, actuals Wednesday 48 000. Slaughter at two Minnesota packing plants and 12 Iowa plants with some out of state activity. Prices barely steady to 50 cents lower, generally 25 cents higher on some lines. Barrows and gilts 160-360 pounds ranged from 18.00 to 20.00 per cwt, sows in the 16.75 to 19.00 range depending on weight.
Cedar Rapids market reports a quarter lower on hogs with base quotes adjusted for delivered and weighed animals. Prices span fat cattle and yearlings, with figures for steers, cows, bulls, calves, sheep, and wholesale fruits and vegetables including lemons, oranges, apples, tomatoes, lettuce, and onions.
Rail shares led market gains on Thursday, pushing prices to a new yearly high while volume reached an estimated 1.9 million shares.
Ottumwa market reports hog prices with a 25 cent drop. Top bid reaches 20.25 dollars. Butchers listings include 160-210 pounds at 17.75 and 17.00 dollars, 500-350 pounds at 16.50 and 17.50, 450-500 pounds shown in the fragment.
Chicago produce notes a steady live poultry market with receipts of 23 trucks. Prices shift for various cuts and breeds including Springs Plymouth Rock and White Rock, with broilers and other varieties cited. Butter eggs potatoes and produce also show mixed prices and activity across grades and regional stock.
American whole milk wholesale prices list Cheddars 40a 41c per lb, cased 52c, single daisies 42 44c. First hand receivers’ wholesale net price level on bulk cartons. Creamery grades 92 AA 68c, 92 A 67c, 90 B 67c, 89 C 66 6c. Receipts 13,881 cases of 30 dozen eyes each. market firm. Wholesale rice per dozen for mixed colors heavyweights 55c, extras 1 large 52 3/4c, extras mediums 50 1/2c. dirties 43 lbs 46 1/4c, checks 44 45c, whites fancy heavyweights Midwest 56c, browns 57c.
A historical note states birth rates exceeding forty per thousand annually are rare, highlighting the rarity of high fertility rates within population data.
Wheat overcame early hesitancy as demand and drying liquidity pressure eased. Soybeans lagged while corn and oats moved modestly. rye and soybeans showed small gains and losses. May prices reflected slight overall changes across grains and oilseeds in Chicago trading.
Chicago AP reports mixed cash grain values with wheat and corn quotes. No. 2 yellow corn sits around 1.81 to 1.90 per bushel with several grades listed. oats and barley show nominal and feed prices. soybeans unavailable.
Waterloo hogs quoted with price ranges by weight. Top reported price 20.50 for light categories and varied values from 160 pounds to 550 pounds, with prices ending around 17.85 for heavier ranges.
President Truman named Dr. George W. Taylor as chairman of the 18 member Wage Stabilization Board to handle wage questions and major labor disputes during rearmament. The 17 remaining members include six from labor, six from industry, and five from the public, with appointees from Clark Kerr to Elmer E. Walker and others across unions and corporations.
The body of 50 year old Larry Rieger of Manchester was recovered from Buffalo creek in Coggon near noon Thursday. Rieger, a ditch digger, had a watch stopped at 11:20 p.m. A drowning accident is suspected. The body was seen by James Ironside and Harold Hill and reported to Mayor L. J. Henderson. an Illinois Central train crew also alerted authorities.
Mrs. Mar tin Van Oosterhout of Orange City is the new president of the Iowa Federation of Women's Clubs. She and other officers selected Wednesday will be installed Thursday night at the closing session of the federation's 29th biennial convention here. Mrs. Van Oosterhout succeeds Mrs. Fred C. Lovrien, who now resides in Tucson, Ariz. Other new officers include Mrs. Harold Nissen of Walnut as first vice president, Mrs. E. E. Taylor of Traer as second vice president, Miss Sara Nott of Marion as recording secretary, Mrs. Clark Mecham of Thompson as corresponding secretary, and Walter Draegert of Thornburg as treasurer.
AP report shows business take home pay sharply reduced this year as taxes rise after Korea. Companies face higher corporate rates and excess profits tax, with Westinghouse reporting 38 cents retained per dollar earned and a 239 percent tax increase in the first quarter.
Local briefs include a potluck at K P hall for Ambar Grotto and auxiliary, a patient at St Luke's with coronary thrombosis, and Dr Thaler relocating to 612 Guaranty Building. Cedar Rapids polio survivor Mrs Schriever discharged from University of Iowa City. dining info notes Monday closures. Other items: car rental ad, Mother’s Day boxes, Roosevelt HS paper wins awards, wallet theft at Star Printing, Dale Morgan Jr inducted, thanks note, and Army Sgt Jack Condon convalescing at Fort Campbell with one more surgery expected.
Sgt. Dale Schumann, a Davenport marine who led a machine gun squad credited with killing 218 Chinese Communists, arrives home on a 36 day furlough. He earned the Silver Star and plans to spend nearly every minute at home.
Pfc. Kenneth D. Bailey has been wounded in Korea since December 15, 1950. The Marion, Indiana, Marine, son of Mr. and Mrs. Harmon E. Bailey, was hit in the left leg by shrapnel and flown to Japan for treatment. His parents received a letter from him before government word arrived confirming the injury.
George Goodyear of 475 Eleventh Street received a permit to build an addition to his home with estimated costs of 1000 dollars. Carl Heiken of 265 Sixth Avenue holds a permit to remodel his residence at an estimated cost of 400 dollars.
District notes fines from Mayor M H Bid dick's court include Glenn Shanahan reckless driving 25 dollars plus costs Robert Patten speeding 15 dollars plus costs Gary Starry and Donald Day speeding 10 dollars plus costs Tony Voracek Jr intoxication 20 dollars plus costs Additional local notices cover hospital visits and social events including Alumnae Banquet plans for May 29 and a teacher marriage at Bethany Lutheran church.
Mrs Onalee Grabau named third grade teacher at the new Marion rural school. She previously taught in Monroe township and succeeds Mrs Helen Schaefer who died last month. Tennyson Club elects Mrs Marjorie Ray president at Emma R Klein home with officers Mrs Herbert Gerstman secretary Mrs Ray C McCalley treasurer. The club donates 2 to cancer control and votes to sponsor a Camp Fire group.
Mrs J D Currier of 400 Fourteenth Street sustained a fractured nose Thursday morning after a fall near the high school. She received treatment at a doctor's office and returned home.
Mrs Sadie Knodle of 31542 Elev Enth Street is confined to her home by an acute attack of arthritis.
On leave with wife, son Kevin, and his parents Mr and Mrs E L Freeman. Seaman Freeman will be stationed after May 9 at Balboa Panama Canal Zone with the commander of the 15th naval district.
Ralph P. Young, chair of the cancer control fund drive, reports $1,000 subscribed in Marion to date. Contributions may be left at the Renfer shoe store or at The Sentinel office.
The American Legion post 298 sponsors a Junior League baseball benefit called Crazy Daze to be presented May 14 and 15 in the Lincoln auditorium. Receipts will fund Marion junior baseball. Committee members include K V Murdoch Ralph P Young and Bob Johnson.
Adults interested in dramatics contact Mrs. Jack Shinault. Charles Cheadle of Beloit Wisconsin visits his brother Frank Cheadle and brother-in-law and sister Mr. and Mrs. Jerry Monn.
Cedar Rapids resident Arno Heuke shoven, newly arrived from Germany, will speak at 6 15 p m tonight during the Marion Kiwanis club dinner program.
Mrs Ralph Schooley of 2287 Fourth Avenue underwent major surgery Thursday at Mercy Hospital in Anamosa.
Household Mr and Mrs Don Howe sell their residence at 160 Fifteenth street to Mr and Mrs J D Proffitt of Cedar Rapids. Possession will be given May 27. Sale arranged through Brockman and McGowan and Earle.
Mrs Clifford Hull and Mrs Harvey Wiseman of Ogallala Neb were guests in the Ray Starry home this week. Mrs Harold Murray Route 3 Marion is recovering at Mercy hospital following an appendectomy.
Ralph Fife 63 Tama County treasurer dies Thursday at his Tama home after months of illness. He was in his second term. His wife survives. Funeral arrangements not yet set.
Classified notice style shows want ads and lost items. Readers see rent and funeral service references and contact numbers for lost items including a puppy and a dog in the Paramount Theatre area. The page list includes monument providers J. V. Novak & Son and Betz Monuments with contact details.
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