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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 20, 1947
Page
3
Chicago reports Wednesday livestock receipts of about 11,000 cattle and 1,000 hogs with cattle fluctuating and hogs under 240 pounds opening 25 to 50 cents lower than Monday. Slaughter steers and heifers remained active, cows and bulls slow with prices steady to 25 cents lower. Some later activity pushed most hog sales about 25 cents below Monday’s average.
AP USDA livestock summary shows salable hogs totaling about 12 000 with varied weights and prices around 25 cents lower on most weights, sows active. Calves and steers mixed with higher bids for select loads, cows and bulls steady to lower, stock cattle scarce. Sheep receipts 1000 with lambs and ewes steady, prices for light fed lambs and shorn ewes noted.
Markets show hogs down with some up to 75 cents higher for select lots. Cattle offerings include many ran fed steers steady to higher on top weight grades, calves and stockers light, some loads of choice steers and feds around 24.50. Sheep and lambs are 25 cents lower in spots, with good to choice 96 pound lambs around 24, red wooled lambs near 21.50, and shorn ewes down to 8.75.
Salable calves 260, slaughter steers medium to strong 200d iene. Cows steady to strong with good to excellent prices. hogs active with barrows and gilts mostly 25 higher, weights over 1000 lbs up. Shipping demand strong. top hogs 23.50, various calf and sow ranges noted. market not established.
Combined receipts at 11 packing plants in interior Iowa and southern Minnesota for the 24 hours ended 8 am show a drop to 13 thousand from 19 thousand a week earlier and 34.8 thousand a year ago. Prices steady with regional variations, barrows and gilts ranged from about 17.75 to 23.10 per hundredweight across weight bands, sows around 17.25 to 18.28.
USDA cow sale summary shows salable cattle 4,500 calves 600 with slaughter steers steady to 25 cents higher. Heifers and mixed grades fit a market. Loads of choice cattle average 26 to 28 per hundredweight with good calves around 33.00 for mixed yearlings. Stockers and feeders steady with several loads of calf weights and yearlings reported.
Chicago based AP reports strong gains in wheat and corn as rust fears spread in Texas winter wheat areas and government corn purchases support futures. Wheat climbs 3 to 5 cents. May at 2.75 to 2.74. Corn rises 2½ to 5 percent. May around 1.84. Oats also gain, May 96 cents.
AP dispatch lists cash prices for barley and mixed feed at Chicago markets with varied grades and units. Includes quotes for yellow corn, white wheat, and mixed feeds with ranges and cents per bushel or per unit, reflecting market fluctuations.
Cedar Rapids hog market held steady with prime butchers at 22.60 and packers at 18.26. Quotes cover hogs 240 to 600 pounds, steers 1050 to 1300 pounds, yearlings and cows with varied cattle futures, plus assorted poultry and produce prices. Includes wholesale fruit and vegetable items and grain values for corn oats and soybeans.
New York bond review notes narrow moves in the government bond market as advance railway issues react to recent developments. Bond traders weigh yields and issuance activity amid cautious trading in the 5 year to longer maturities.
Aided by short covering and modest buying, stocks opened with a fair rally Tuesday. Early gains faded by close as many issues moved little or dropped. overall turnover slowed, with transfers around 900,000 shares, about half Monday’s volume, signaling cautious investor activity.
In the Chicago produce list, quantities such as 10,819 tubs and 657,830 score cars appear alongside various items. The fragment references cheeses, daisies, eggs, poultry like hens and broilers, ducks and geese, and potatoes with mixed pricing notes and arrivals.
A jumble of lost and found items includes a Navy suitcase, a wallet with money and papers, and a watch search. Personal notices urge car rental savings and include a disclaimer about debts. a rummage sale and temple event are listed along with local classifieds and New York produce market notes.
Rapids Chevrolet Co offers prompt service on straightening and refinishing fenders plus complete paint jobs. Financing available on their budget plan. 601 1st Ave. East Cedar Rapids.
Raymond Short of Des Moines named chairman of the Iowa Quarter Million Dollar club at the Iowa Association of Life Underwriters state convention in Des Moines. C V Shepherd named treasurer. Harold Miller of Council Bluffs elected first vice chairman. Parker Crouch of Des Moines secretary. Newell C. Day of Davenport elected president. other officers Joe Ryan of Des Moines and Raymond Schmidt of Davenport named vice president and secretary treasurer.
John Joseph O'Brien, 24, who had just finished a 30 day sentence for drunkenness and disturbing the peace, asked to return to jail after a brief freedom. He phoned from the Top Hat tavern claiming a disturbance and a sleeping officer. police found no trouble and he was fined $10 for drunkenness, which he is serving instead of paying.
John J. Locher Jr of the Chamber of Commerce Speakers bureau will discuss The FBI in Wartime at a Thursday night meeting of the Milwaukee Railroad Service club. About 70 attendees are expected at the Memorial building in Marion. Locher, Cedar Rapids attorney and former FBI agent, will be accompanied by Willard Gibbs per speakers policy.
The Young Men's Bureau lineup for the Thursday dinner includes Rev. Waldemar Argow as principal speaker plus eight brief talks on the Peon U orientation sessions. Erwin Wasta, 1940 YMB president, will outline bureau history and benefits with peers Paul Palmer, Bob Peck, Charles Severn, Pete Bezanson, Ken Moon, Ray Spielman and Harold Ward also presenting short summaries.
Atkins results show Sherm's beat Atkins 8 4 Williamsburg defeated Watkins 5 2 and Van Horne topped Norway 7 5 in Iowa Valley league play Sunday. Walford Blairstown game details are unclear in the fragment but involved Schiotterbeck and Wo portico.
New Pointon Milor takes over as treasurer after the resignation of Mrs Relph Pilsen.
Classified ad fragments show requests for a housekeeper or two people for light housework with contact box numbers, a waitress and hostess position at Roosevelt Hotel, and a private secretary or general help offering salary details, all from a Gazette notice page.
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