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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 22, 1947
Page
7
Financial and market news notes grain quotations furnished by Lamson Brothers with contact details for H. R. Mowrey manager Cedar Raphne office at 503 Merchants National Bank building summarizing daily price updates and market context.
In Chicago, hogs were quoted nominally unchanged at 24.90 to 25.25 dollars Saturday, with the week finishing steady to 50 cents higher than last weekend. Liberal supplies met aggressive demand throughout the week in a tight market.
The week saw weaker prices for beef cows and feeders with steady to lower demand. Slaughter cattle and yearlings edged down while prime grades held. calves and feeder cattle traded around mid 20s to mid 30s with wide variation by grade and load. Notable prices included choosing steers around 25 to 36 dollars and beef cows near 18 to 24 dollars per hundredweight.
Market notes show fed steers around 26.00 to 26.50 with late tops near 25.50. Choice yearlings and shortfed cattle steady to lower, with good slaughter ewes and lambs trading around 22.00 and firm to lower on some select lots. Buyers and sellers posted mixed prices amid thin trading.
Cedar Rapids market reports show hog prices up by a dime with prime butchers at 23.60 and packers at 23.20. Various weight classes for hogs and cattle are listed, including good packers at 22.60 to 22.95 and cattle ranges from steer and heifer classes to cows and bulls, reflecting a mixed, high-activity trading day.
New York stocks showed mixed gains and losses amid a wide spread of fractional advances and persistent declines. Industrials traded near 482.33, with a transfer of about 350,000 shares, while many leaders slipped into negative territory as several prominent issues posted declines.
Irregularly lower trends dominated New York bond markets on Saturday as trading remained uneven. The report notes small gains in select issues, including a roughly one-point uptick in Louisville Nash bonds and a modest 2 point rise in another issue, with overall volatility and muted volume across the board.
Kansas City cattle receipts described with prices for calves heifers cows and vealers. Heifer and mixed categories steady to higher with top steer and vealer figures noted. Prices ranged from about 12 to 28 dollars with stocker and mature cow values included.
Imeludine 1300 acce notes cattle trade with calves weak and western stockers light. Strictly good to choice slaughter steers steady to firm, others unevenly weak to 50c lower. canners and cutters $11.00 to $12.50, best steers around $19.00 to $24.50. Receipts 2. market active. butchers around $25.00, cows $24.50, variability across classes.
Fragmentary OCR reads as a local notice or brief about a river or water measurement. Names and clear facts are not decipherable. The readable portion hints at a numeric value and place but lacks identifiable entities or actions to summarize definitively.
Moderate rains reduced fears of winter wheat damage from near zero Kansas and Nebraska temps. Grains rose early and stayed above prior close though gains were modest. Corn futures, except July, hit new seasonal highs while soybeans slipped after recent gains. Wheat finished up about one percent. December corn around 3.50, soybeans near 21.4, oats about 1.25.
Combined hog receipts at 16 concentration yards and 11 packing plants in interior Iowa and southern Minnesota for 24 hours ended 8 a.m. Saturday totaled 60 600, up from 43 000 a week ago and 34 500 a year ago. Prices show ranges for barrows gilts and sows across weight classes with steady to higher trends and some declines.
Robert Williams a Dubuque university student spends weekend with his parents Ralph J Williams in Marion. Automobile owned by Clem McGowan caught fire on the highway in front of Leslie Dunn home two miles east of Marion late Friday. Marion firemen responded, car considerably damaged.
Mrs Aliie Shadford mother of Mrs A G Heim of 1390 Ninth Avenue underwent hip fracture repair at St Luke's Hospital today. Advertisement notes Edison store offers the largest assortment of pipes.
Mrs Viola G Gritzner aged 76 died at 8 45 p m Friday at her son John L Gritzner’s home 990 Eighth street A former Plainfield resident services will be held Monday Friends may call at Yocom chapel
Mr and Mrs G E Lanning of Perry visited Mr and Mrs W E Lutz. Lanning, once Milwaukee railroad trainmaster at Marion, now serves as assistant superintendent. Wanted, boy s bicycle. 374J. Adv.
Mr and Mrs G A Chamberlain of 223 Eighth Avenue are advised their son Robert a junior mechanical engineering student at Iowa State College has been elected to membership in Pi Tau Sigma national honor fraternity.
Mr. and Mrs. Harry Kennedy arrived back in Lincoln Nebraska today after a week visiting her brother Bud Connell and his wife.
The Marion churches list weekly schedules. Baptist church shows Bible school at 9:45 a.m. and services at 10:45 a.m., 7:30 p.m., plus midweek prayer and choir rehearsals. St Josephs Catholic notes Masses at 8 and 10 a.m. Christian church lists sermon Remaking Marred Vessels and youth activities. Congregational and Free Methodist notices follow with service times and planned meetings.
A cluttered swap of Lost and Found notices lists items including dogs, a blue ticketed hound near Belle Plaine, a small shaped key, a brown leather glove, a brown and white terrier named Zippy with tag 2106, a black Sheaffer pencil, and a brown hat with initials. Also found are a brown and white terrier named Trixie, a gold Bulova wrist watch, and various ads for watches, jewelry, clothing, and services.
The schedule lists revival meetings and worship times for several churches including Methodist with Rev W V Miller, Methodist with Rev James P Gable, Presbyterian with Rev C V R De Jong, St Pauls Lutheran with Rev Carl T Wuerffel, Prairie Chapel with Rev A B Curran, and Seventh Day Church of God with Elder Lawrence Christensen. Activities include Sunday school at 9:45 a.m. and various services, youth meetings, film showings, and Walther league events.
Police seek culprits who nabbed about $1700 in narcotics and $260 in cash from two Des Moines drug stores. The Denny Brawn shop downtown lost roughly $1500 in morphine codeine mixes, while Orr and Elin near the loop district reported $200 in drugs taken.
Two A-1 mechanics sought to join a modern service department with Twin Post hoist and latest equipment. Good earning potential for the right man. See Ed Wathan, Mar. Wathan Motor Co. 728 Third Street SE. Dial 3-2073.
Wanted: young woman able to take shorthand and type, perform general office tasks for a small Iowa business. Permanent position with good starting pay, vacation with pay, and a half day off weekly. Apply at Coffee Office hours or evenings to Bell Captain Hotel Roosevelt or Nash Finch Co. Seeo.
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