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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 08, 1947
Page
7
Chicago market news shows hogs quoted at 24.75 to 25.25 with a nominal steadiness after a 50 to 75 cent drop. Receipts rose, cattle stayed strong, and one load of high choice 1 242 pound steers hit 36.60 as week ended with yards well cleaned of steers.
USDA rations show hog receipts around 300 with total near 4,300. cattle receipts about 500. Beef steer prices rose after last week, high-choice up to 1.00, other grades 1.50 to 2.50 higher. Bulls 2.56 to 2.60 up, calves and dealers steady, cows mostly steady with lower grades down 50 to 75 cents. Top steer price 36.60 for a 1,242 lb load. bulk good and choice steers 27 to 36. Prices vary by class with heifers steady to higher, cows 18 to 20 range, bulls to 19, and replacement steers 20 to 24.50. Sheep receipts about 100. slaughter lambs steady to up 25 cents, yearlings steady. best native and western lambs 23.00 to 23.50, common 17.00 to 18.50. good yearlings 20.50 to 18.50, light loads 8.75 to 9.25 for slaughter ewes.
Market report shows hogs down 25 to 50 cents with barrows and gilts off. sows 25 cents lower. Cattle mainly higher for fed steers and yearlings, with tops for week reaching 35.25 for fed steers and 34.00 for yearlings. Sheep and lambs mixed as slaughter lambs ease while feeding lambs rise.
Cedar Rapids hog market prices climbed a quarter on Saturday with top prime butcher bids at 24.35 dollars and packers at 23.75. The report lists various weight classes for good and choice cattle, steers, cows, bulls, calves, and hides, alongside cattle market notes and industrial quotations.
New York stocks opened quietly and closed with slight gains by scattered leaders while declines were small. The abbreviated session saw transfers around 300000 shares, among the year's smallest, as the tape moved only intermittently.
Prices were nearly unchanged in a brief Saturday session with small fractions shifting. Third Avenue Railway 5s led gains with about two points on good turnover, while New Orleans, Texas and Mexico bonds fell more than a point amid muted activity.
USDA hogs moved mostly lower by 24.85 for barrows and sows 40 to 50 cents off. Feeder pigs down 1 to 2 dollars. Cattle prices stronger with strictly good and choice fed steers and heifers up 50 to 100 cents. some top quotes around 28 to 32 dollars. Beef cows uneven. stockers and feeders little changed. Lambs show firm tone with mixed weight ranges and few standout figures.
Meat market summary shows combined hog receipts across interior Iowa and southern Minnesota for the 24 hours ending early Saturday. Weaker and stronger price movement noted with barrow and gilt quotes around 25 cents higher on most lots. Several weight ranges listed with bids and prices, including feeder-like figures for 400-480 lb pigs and 456-550 lb categories.
Grain futures edged higher Saturday in small buying, led by mills. Wheat advanced to 134 cents higher, corn up 14 to 34 higher, oats 1 to 1.5 higher, barley little changed, soybeans 1.5 to 2 higher, and lard 25 to 40 points higher.
The clipping shows commodity figures for corn and barley including No 1 yellow at various prices and futures like 2.41, 2.26, 2.44, 2.46 and barley malt at 1.80 to 2.85 per cwt. Also notes field prices and timothy hay with prices around 5.50 to 15.50 per cwt.
Mrs Richard A Crew of Chicago visits sister Mrs Grace Koppenhaver. Miss Emma Engelmann of Hot Springs Ark visits sister Mrs Henry Arp Sr. Paul Holst 77 shows improvement after a heart attack. He stays with daughter Mrs S F Cary. The Lutz Higgins and Read families return from Marengo after the death of George Willenbrock 51.
Mrs Edith Gordon entertained at dinner Friday in celebration of Muriel Gordon s birthday with Ken Smith of Iowa City as a guest.
Jimmie McGuire Jr of Perry is visiting his uncle and aunt Mr and Mrs Harold Mullaley.
John Schlotterback Clifford Sampiin Jr and Stanley Oakley members of the U S naval reserve depart New York for a Panama cruise. Miss Sophia Coenen fractures her left leg below the knee in Mercy hospital after months with a prior hip fracture. Guests include Henry Johnson Coon Rapids Mrs Marie Hachmeister Council Bluffs and L C Coons. Jack Case returns to Woodland California after visiting the Owen Turners and the Carl Cases.
A compilation of weekly worship times and activities for numerous churches. Marion Baptist and Christian churches, St Joseph Catholic, Methodist and Presbyterian congregations, Lutheran and other denominations show Bible school times, morning and evening services, youth events, choir rehearsals, and midweek prayers. Additional notes include church board meetings and a film premier at Cedar Rapids Y.M.C.A.
In Plymouth Wisconsin an UP listing notes five cars of white or colored cheddars priced at 3812 cents per hundredweight seven white cheddars at 382 cents per hundredweight and a triple daisies at 39 cents. An offer includes one car of colored single daisies at 404 cents per hundredweight. No bids were received.
Des Moines Iowa Allan Kline of Vinton president of the Iowa Farm Bureau Federation will not seek re election at the federation annual convention in Des Moines November 17 to 20 He spoke Friday to the state teachers group and noted he may be a logical successor to Ed O Neal as American Farm Bureau Federation president if that vacancy arises E Howard Hill of Minburn is viewed as a likely successor to Kline
DES MOINES AP R W Nebergall head of the state bureau of criminal investigation said a new statement was taken from Dorothy Roth a 26 year old divorcee in the present probe of the Grand indictment. County Attorney Carroll Switzer said Roth declined to sign the statement after making it. Polk county grand jurors have opened a new probe into charges by Municipal Judge Harry Grund that he was framed when police found Roth in his private office Aug 9 1946.
American and British officials failed to bridge U S British and Soviet gaps over the U N proposed partition of Palestine at Lake Success. Earlier private talks also yielded no compromise and officials fear no Holy Land breakthrough during this General Assembly session.
CRESTON INS Rex E Brammer of Creston a former Creston Seed Company employee drowned late Friday in Summit Lake while duck hunting. He was alone in a boat and capsized while trying to retrieve a crippled duck. Bobh Rosenau and Pete Slater of Creston failed to rescue him. He is survived by his wife and three children.
Special to The Gazette reports two Monticello men injured Friday evening when trucks collided east of town toward Scotch Grove. John J. Pieray sustained severe facial and head lacerations and body bruises. he is hospitalized at John McDonald hospital. Louis Heeren suffered shock. Pieray’s coal truck and Heeren’s cement mixer truck were the involved vehicles, one car was almost severed.
Lineville Iowa AP Mack Cribb a farmer southeast of Lineville returned from the fields Friday to find his home burned to the ground. At the time of the fire Cribb and other farmers were in the fields while their wives were at a neighbor’s club meeting.
IA State College police said Charles J. Bennett 24 of Waterloo and James A. Bandy 25 of Ames are in custody over thefts from a college warehouse. Bennett faces grand larceny charges while Bandy is charged with breaking and entering. Items stolen include an electric motor and carpenter tools.
Community notices list religious speakers at 8 45 a m and 10 45 a m with warnings to ignore certain talks. A long Lost and Found section records items including a brown billfold, a white mother of pearl play book, a female rat, a toy terrier named Spot, a blue aqua skirt, and a white diamond ring with rewards offered. Public ads for jewelry stores, pawn loans, jewelry repairs, and local services fill out the page.
London dispatch says Britain and the United States plan to politically and economically merge western Germany early next year if the four power council fails to settle peace terms. Reported include bringing the French zone into merger and appointing a provisional parliament if Russia balks. Officials stress urgency of the four power talks beginning November 25 amid wavering Moscow prospects.
Pilots George Truman of Los Angeles and Clifford Evans of Washington DC said the two round the world midget planes will return to the United States via Edmonton Alberta rather than attempt a nonstop flight from Annette Island to Los Angeles. The revised route takes them along the Alaska highway.
Kendall Snodgrass, 23, of Indianola, was given an 18 month sentence by Federal Judge Charles A. Dewey after pleading guilty to interstate transportation for a stolen motor vehicle.
One week only show at the ZCB Hall featuring MARVIN BOONE and DOLLY FR at 15 and 11:15. Dance and entertainment advertised with local businesses offering services from piano tuning to plastering and hauling. Includes a spray painting service, cement work, and various home improvement ads.
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