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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 06, 1948
Page
8
Chicago AP reports hogs quoted 24 to 24.50 unchanged from the prior session. Cattle and sheep were nominally steady with receipts around 500 to 3,300 head. Vealers and stock cattle showed varied firmness, with top steer price around 40.75 and choice lambs near 32.50.
New York stock market opened with an advance on Saturday as fast buying pushed many issues up a point or more. Selling pressure soon followed and the early gains were trimmed. Some stocks slipped from plus to minus as volume reached about 800 000 shares.
USDA hogs mostly higher with sows rising on the week. Fat cattle steady to higher as choice fed steers at 50 cents to a dollar gains, heifers up to 50 cents, bulls to 1.56. Vealers top 28.00. stock calves mixed with 25 to 33.75 for choice. Sheep: fat lambs 1.75 higher, ewes 0.25 up, feeding lambs 0.25 to 0.50 higher. slaughter lambs 24 to 26.50 with good to choice wooled and feeding lambs 21.75 to 23.75. Breeding ewes 9.00 to 10.90.
Des Moines market notes show receipts of hogs at four packing plants in Minnesota and Iowa with 30 concentration yards. Prices are steady to 25 cents lower than Friday with barrows and gilts in various weight ranges quoted about 21.50 to 23.75 per cwt. Activity ranges from fairly active to slow as buyers adjust to mixed demand.
Prices on the Cedar Rapids Saturday hog market show a 25 cent drop. Top prime butcher price reached 22.75, with various weights and grades listed from good butchers through packers and cows, plus medley prices for steers heifers yearlings and ewes. Wholesale fruits and vegetables also noted with limited price details and a grain market mention.
New York bonds showed an irregular pattern with narrow price changes and light trading. Rail issues, hurt by Friday's decline, edged upward in Saturday's short session.
USDA hogs show sows down 25 cents with heavier weights up to 75 cents higher. Cattle steady to mostly higher with steers over 150 pounds dull, yearlings and heifers mixed to weak. Cows rise about 50 cents. stockers and feeders show gains with a range from 24 to 27 dollars in midweek quotes. Sheep and lambs hold steady with combined tone near 67 thousand unsold.
The piece presents Edgar A. Guest’s verses about striving, learning, and applying talent. It stresses that effort, study, patience, and action transform potential into achievement and that success comes from work rather than wishing.
Grain futures closed irregularly with wheat up to 4 cents, corn down 5 to up 34, oats mixed, rye up 1 to 2, and soybeans down 0.5 to up 34 cents. This marked the first time prices did not close higher across grains in post election dealings.
Chicago cash market prices for corn oats barley and soybeans with bid asks and variations across No 2 White corn No 1 Heavy White oats and red top field grains. Soybeans No 1 Yellow priced at 2.47 per cwt with regional Illinois and Indiana track station notes.
Prices show cattle fed steers 50c to $1 lower with 1100 lb cattle under pressure. Grass steers weak, heifers mixed up to 50c higher, cows up to 75c, bulls and calves up to 50c higher. Kansas fed steers around 00, yearlings at 36.50, fed cattle 28.00 to 33.00, heifers 23.00 to 33.00, cows 17.50 to 22.25.
Three Cedar Rapids residents were hospitalized after a freak highway accident on route 38 near route 30 junction. A two car collision led to a truck and tractor bumping, injuring Mrs. Chester Reesink, T J Bartos’s wife, and Clara Belle Weaver. Reesink released. others in good condition. driver Harry Gallinyer injured. Spear uninjured.
A streetcar and a chartered bus collided on Toronto's western edge killing six and injuring about 65. All the dead were from Hamilton Ontario. The bus carried Argyle and Sutherland Highlanders regiment members and their wives after a reunion party. The streetcar carried Goodyear workers ending night shifts. Rescue crews used torches to access trapped victims.
Funeral services for Lt. Lester W. Hovden son of Mr and Mrs Helmer J Hovden will be held Sunday in Madison township Lutheran church west of Decorah The pilot was killed August 10 1944 while serving in France He is survived by his parents three sisters and two sets of grandparents from Decorah Ridgeview area
A Marion Church World Service Day observance, sponsored by United Council of Church World Women, was held at the Marion Congregational Church with remarks on displaced persons and peace. Local residents attended services. several community members were noted traveling or recovering from recent events and hospital stays.
The Marion church page outlines services for Baptist, Catholic, Christian, Congregational, Free Methodist, Methodist, Presbyterian, Lutheran, and Seventh Day churches. It lists pastors, service times, Sunday schools, sermons, and midweek activities for each denomination.
Funeral services for Pfc Marcellus F. Rourke the first Oxford resident killed in action in World War II were held at St Marys church Burial followed at Mt Calvary cemetery with American Legion military honors He was born May 1 1918 on a farm near Oxford graduated Oxford high school in 1936 entered service in 1940 sent overseas Feb 2 1943 and died in Germany Nov 17 1944 Survivors include his parents Mr and Mrs Thomas J and three brothers Marcus Oxford James and Russell Iowa City
Milwaukee reports Marjorie Schmoldt has filed for divorce claiming her husband forced her to eat the leftovers of his meals for a month, seeking relief in the court.
The Iowa commerce commission rejected a request to raise intrastate freight rates from 20 to 25 percent to match interstate boosts. Hearings in Des Moines on September 7 and 8 heard railroad arguments, but the commission ruled such an increase would violate statutes and proofs. Intrastate rates remain effectively unchanged since last April.
Walter F. Powlowski 23 and James Wright 28 escaped Clintonjail ceilings Friday night repeating an earlier Oct. 15 breakout. They fled via roof boards and a manhole, crossed the Mississippi bridge, and stole a truck in Fulton headed toward Chicago. Wright faced sentencing on a car theft plea. Pawlowski had previously walked out of the city jail and surrendered two days later.
Clyde M. Parker Cedar Rapids superintendent of schools was elected president of the Iowa Education Association department of superintendents. The 94th annual convention spans three days with 10,000 teachers in group discussions and ends today with a public session featuring Rep. Walter H. Judd.
BETTENDORF IOWA Civil Service Commission refused to hear the dismissal appeal of Police Chief Herman Giese stating he lacked sufficient service for automatic qualification when the civil service act took effect in 1937. Giese had been fired Sept 2 by Mayor Victor Wilson for allegedly spending too much time on an outside job.
Romaine Weihe 23 and Laverne Weihe 18 were jailed 30 days each after pleading guilty to possession of gambling devices. District Judge W T Evans sentenced them for secretly stealing punchboards from taverns, locating winning numbers with tweezers, returning boards, and then playing them knowing the numbers.
Traer sheriff-elect Kern to take office next Tuesday and serve out the late Harry Sharp term before a new two year term starts January 1. Marengo Presbyterian Women elect Ruby Solbrig president and officers. Winthrop Frantz building sold to Charles Markle of Waterloo. Manchester druggists Gus Philipp to mark 50th year in business next week. Earlville engagement announced for Faye Carpenter and Richard Morton Cedar Rapids area. Decorah filling station sale to Ray Quandahl includes residence swap. Traer engagements Betty June Finks to Richard Crawford announced.
District Judge G. K. Thompson announced he would rule at 10 am next Friday, Nov. 12, on the ouster action against suspended City Safety Commissioner M. J. Bennett after four days of testimony. Prosecution argued Bennett benefited from a $500 payment reportedly arranged by tavern operators and Wolfe, while defense contended the case was hastily brought with insufficient facts.
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