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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 24, 1948
Page
15
Chicago livestock markets show live hogs up 75 cents to 1.25 per hundredweight in active pre holiday trading. Cattle and sheep also firm with varied gains. hog price ranges commonly 22.50 to 24.00, weights and receipts noted.
Receipts total about 6 500 hogs with barrows and gilts up 1 50 cents to 76 7 while sows rise 1 00. Calves and cattle receipts around 3 000 with fed cattle mostly steady to uneven, bulls firm, vealers steady, and stockers steady to weak. Sheep receipts 1 100 with wooled lambs steady to higher and ewes around 9 25.
Cedar Rapids market reports rise with prime butchers at 21.00 and packers at 20.00 amid a dense spread of hog and cattle quotes. The page lists varied weights and classes for hogs cattle calves sheep and bulls alongside wholesale fruits vegetables and grain notes for a broad regional market.
Demand for stocks faded on Wednesday as prices slipped about three points with many pivotal issues hitting new annual lows. Trading started slow but accelerated as the market declined with about 1,200,000 shares changing hands. Dow Jones averages showed losses across industrials amid a broad selling tone.
The New York bond market opened with a modest retreat and uneven activity as investors absorbed early trading. Analysts noted small gains and losses across sectors while momentum remained cautious amid mixed economic signals.
Prices rise slightly as receipts show 60 000 head moved with slow, uneven demand. Market activity centers on two Minnesota packing plants and twelve in Iowa with out-of-state stations involved. Figures include various weights and lots with mixed bid levels and modest gains.
Receipts around 2,000 calves 300 steers strong to higher, heifers steady, bom nee steady, canners and cutters higher, bulls weak about 50 cents. Vealers unchanged, stockers and feeders mixed. Scattered loads good shorteds 26 to 76.80 fed heifers 22 dec. Sums show cows around 530 to 600 with some good young cows in small lots.
Sioux City cattle receipts 1 600 calves 100 stockers and feeders steady to strong with mediums and highs at 26.00 to 29.50. hogs receipts 500 market active mostly 1.00 higher with 189-300 lb at around 18.00 to 18.50. sheep receipts 2 500 salable active with fed and shorn lambs patterned higher and some ewes at about 5.00 to 6.00 per hundredweight.
Grains showed a shaky tone with a selling wave knocking prices down a few cents before a small rally in thin trade. News offered little buying encouragement as port strikes and embargoes restricted exports. Wheat closed about percent lower, corn and soybeans also down, oats and rye lower, lard slightly up.
Chicago prices show mixed bids for wheat and oats with No 2 and No 3 varieties trading around $1.34 to $1.42 per bushel and sample grades near $1.03. Oats list No 1 and No 3 white options with fractional shifts, indicating an unsettled early session.
Chicago reports no poultry receipts and steady to weak market for dairy items. Cheese prices show two-tine daisies at 42c and Swiss at 55c, with receipts around 443,528. market listed as weak with various grade prices and truck arrivals 245 on track.
New York milk market notes mixed calf and cheese scores with firm underline on 93 score AA and 92 score A. Prices list unchanged for large extra and white cheese with slight adjustments in other grades.
Charles Bury a veteran at Southern Methodist University taught a sales promotion course for five semesters because no instructor existed. He later enrolled as a student, took a written exam from a former professor, and passed to receive his degree.
New York AP reports Iowa families received 14.573 million dollars in life insurance death benefits in the first nine months of 1948, up from 13.569 million dollars in the same period in 1947.
Cub Scout Pack 58 met in Legion hall with nine dens in achievement demonstrations. Bobcat to Failor and others. wolf, bear, iron badges, silver arrows, and one year stars awarded to named scouts. Funeral services for Mrs. Etzel announced. Verion Rosendahl and Glen Potter wedding planned for Ames on Dec 17. Legion basketball games scheduled at Marion High. Local Thanksgiving closings and events listed, including Santa at Coast to Coast and post office hours.
Lorin R. Wilcox, a 31 year old 145 pound ex marine, trains Joe the kangaroo, 45 pounds, as sparring partner. Wilcox plans public bouts within a year and has outfitted Joe with white boxing gloves and fur lined kangaroo leather shoes for snowy upstate New York winters. Joe hops in the room and occasionally shakes hands or gets a pat.
RIDGEWAY Ont. UP Constable Devereux dragged a large wall board into police court. Allen Beach pled guilty to illegally possessing beer after officials found figures on the board. The evidence tied to an illicit beer trade said to be run from Beach’s farm.
William Montgomery lost a rugged watch in Wagon Mound country in Thermopolis Wyoming 15 months ago. Luke McNeil found it after exposure to sun rain and snow. Montgomery wound it and the watch started with no shake. Wild horses once roamed the plains alongside buffalo in American history.
Bloomsburg State Teachers College art director George J. Keller will take a year off to tour fairs and circuses with his animal act. He owns lions, tigers and leopards and trains them without weapons, saying teaching has helped him drill habit patterns in both students and cats.
A rough OCR of the Gazette wants ad rate table and multiple short notices. Items include lost and found notices for a black and white coon hound, a billfold, gloves, and a phone line. Names John Russell Buckingham Iowa and addresses for contact are present.
Local listings show a Thanksgiving Eve dance at Melody Inn 329 12th Ave SE with Reyman's Orchestra on Nov 24. Additional notices invite public attendance at events in Solon and Urbana with bands including Billy Murray and the Wapsie Valley Cowboys, plus service ads for washing machines and home repairs.
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