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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 17, 1952
Page
11
In Chicago trading, hogs eased 25 to 40 cents in a moderately active market with top bids around 17.35 for 210 lb butchers. Cattle and sheep mixed with cattle steady to 50 cents lower, lambs and yearlings not established, and sheep showing strength amid uncertain demand.
A comfortable market advance Monday led by leaders with prices up about two points. Losses were mostly fractional as volume reached an estimated million and a half shares, signaling broad participation in the rise.
Cedar Rapids hog market prices fell about a quarter Monday. Quotes show higher paid for hogs delivered to the Cedar Rapids plant with varied price ranges listed for good butchers and packers across weight classes. Data includes cattle calf and sheep sections with prices for steers cows calves and lambs and notes on wool and grain markets.
Wheat eased as rain and snow pressured markets while soybeans rallied on late demand. The report tracks Chicago cash grain quotes and futures, with mixed moves across corn oats rye and soybeans amid broader market activity.
Warion area notices list visiting relatives of Andrew Otting and Pic Leon Otting of Marion and Mt. Vernon. Other items include church events, new office manager Norman Hutton at Gordon Hatchery, hospital trips, and local social updates from Marion and surrounding towns.
Cattle receipts reach 25 000 with calves about 4 000 while demand remains weak. Slaughter steers and heifers sold lower with cows weak by cents. early sales show some firmness on high quality steer offerings around 26.00 to 28.00 per cwt.
Sioux City cattle market volumes include receipts of 18 000 and calves 12 00. Slaughter steers and heifers largely steady with choice to prime steer prices around 33.30 per cwt and lighter weights near 30.50 to 33.00. Branded lots and better grades show steady gains with heavy solid feeds yielding 53.50 for high choice heifers and upper tier goods around 25.01 to 20.00 per cwt.
Live poultry and eggs show mixed pricing with hens, fryers, and broilers listed across various grades and weights. Ducks, turkeys, geese, butter, cheese, and potatoes are also cited with assorted prices and market notes for Chicago and New York produce reports.
The nation's 12 major livestock markets reported a record 165 806 head of cattle received on Monday. The U S Department of Agriculture said this was the highest since 1939 when salable receipts were separated from total receipts. Monday's total compared with 49 700 a year ago.
Hartford based Joe Gerber, a 1940 immigrant from Nazi concentration camps, invents and produces a variable scale device vital to the U.S. defense effort. His firm concentrates 95 percent of output on government purposes as he pursues further developments.
Budget requests from about 50 state agencies have been received by the state comptroller. Amounts will be released at the official budget hearings set to begin around December 1. Governor Beardsley and Comptroller Sersfield plan to present budget recommendations to the 1953 legislature after it convenes January 12. The governor says no new or increased taxes will be asked, though large increases are expected. Interim committee members may skip hearings despite a 1951 law allowing attendance.
Roy E. Choate and his wife form Choate Realty Company as a holding entity for family real estate. Roy serves as president and treasurer with Minnie H. Choate as vice president and secretary. The move aims to simplify future estate divisions for heirs and reduce complexity in transferring ownership. The transfer carried $242.10 in revenue stamps, indicating property value of about $221,000.
The secretary of state's office announced that the official canvass of votes cast in the November 4 election will start next Monday. Returns from eight counties are still missing: Chickasaw Jackson Marion Monroe Pocahontas Polk Tama Taylor.
Peter Leistra 64 of Oskaloosa Mahaska county superintendent of schools was among three seriously injured in a head on crash in fog north of LeMars Monday. Also hurt were Leistra’s niece Mrs William Van Surksum and Milo Price of LeMars. Price a Democratic write in candidate in last June’s primary. Both cars demolished. Van Surksum most seriously injured with broken right leg and jaw. Price broken left leg. Leistra possible chest injuries.
Mrs James A Van Fleet flew to Korea to reunite with General James A Van Fleet after 19 months apart. The visit marks the first reunion since April 1951, before their son Lt James A Van Fleet Jr was lost on a bombing mission over North Korea.
In Fredericktown Missouri a 15 year old boy and 17 year old companion were stopped by a highway patrolman after taking a Memphis bound bus. They admitted finding a hidden stash of more than 14182 dollars in a derelict house and claimed another 1000 in a sewer near their home. The cash was recovered partly and will be held pending ownership investigations. Authorities traced the youths’ plans to buy a car and travel to California before a jewelry store employee alerted authorities.
An Eastern Iowa man, Donald J. Steffen of route 1, signs for machinist school at Aberdeen Proving Ground after basic training. A Linn County board meeting is set for 3 30 p m Thursday in Memorial Coliseum offices. Air Force Reserve officers in the Midwest will get forms to accept indefinite reserve appointments. Selfridge AFB reports over 38 percent of forms mailed. many incomplete. A Marine Corps women officer candidate class starts Jan 12 at Quantico. 12 week officer courses offered since 1945 in summer. Cedar Rapids recruiting station notes college graduates may apply with deadline Dec 20.
Rear Admiral Lamont Pugh the navy surgeon general says greed for easier quicker and bigger money keeps civilian physicians and dentists from entering military service in a speech before the Association of Military Surgeons of the U S He argues service life is not made attractive for soldiers and marines fighting on Korean hillsides.
Des Moines reports Gov. William S. Beardsley returned to his desk Monday after a two week vacation in Oregon. He said it was essential to be back despite a desk piled with work. The article notes no information on re election or third term.
Allied intelligence report says North Korea civilian morale is at catastrophic depths and most citizens would welcome a UN offensive to end the war. It notes near famine, mass conscription, and a hollow economy reliant on Soviet and Chinese support, with power facilities largely wrecked by raids.
A U S diplomat with 18 months in the Soviet Union says Russia will avoid war and seek world conquest through Korean incidents and internal troubles. Frank Rounds Jr. of the U S embassy in Moscow contends the regime fears Western collapse via infiltration and economic strain. He spoke in an interview in U S News and World Report after returning to the United States last June.
A trio of Iowa State student groups Fi Kappa Phi Phi Delta Theta and Kappa Alpha Theta held the first polio benefit dinner at the Pi Kappa Phi house netting roughly $50 for the polio fund. Proceeds from future dinners at other houses will support the polio effort.
London reports Pearl Bailey and Louis Bellson Jr. ignore his father’s objections and wed in London on Wednesday. Ferrer will be best man as the couple vows to raise children while pursuing careers, with Bellson defending his choice despite family disapproval.
Washington cab driver Francis J. Malloy testified that a justice department official told him the perjury evidence against Atomic Scientist Joseph W. Weinberg was illegal or confidential. Malloy, a former grand juror, said James F. McInerney advised not to worry about Weinberg amid his trial for alleged Communist ties.
U S Fifth Air Force reports at least five MIG-15s shot down by American Sabrejets on Monday in northwest Korea, crowning Royal Baker of McKinney Texas as the new ace with four MIGs. Ground fighting near Pinpoint Hill and Rocky Point saw heavy artillery exchanges as UN forces pressed to dislodge Red guns amid a 155 mile front.
City Briefs lists Tuesday story hour at Kenwood library by Mrs. Hull and a HOLIDAY Festival at St Pauls church with antique exhibit and Christmas gifts. Border Veterans host a potluck at 1617 Second Ave NE. Dr. Navratil offers chiropractic services. Olsen elected president of Wessington Springs junior college Student Association. Mack Invasion of Appliances promo. Welfare Bureau luncheon and Chest campaign report. Toy Project plan for Cedar Rapids schools. Soldier James E Johnson to return to Camp Pendleton. Life Underwriters breakfast on saving patterns and insurance at Roosevelt hotel.
Four southern governors said development of a two party system depends on how the South is treated by the Eisenhower administration. The piece lists McKeldin Drae Weber Warren Carvel and references a Catholic honor society and political implications for Republicans in the Solid South. It notes students at Lorag college and Cedar Rapids civic events along with an evangelist service and a note about Britain's overseas army.
Mitchell, son of a former U S attorney general, was jailed on charges of swindling five banks out of 148 500. He allegedly obtained loans in Minneapolis, San Francisco, Los Angeles, and Hollywood by forged securities.
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