Hog Market Estimates And Prices Move Higher
Unofficial Friday receipts show hogs at 12 000 head cattle 3 000 and sheep 4 500. Butcher hogs mostly sold 25 cents higher on Wednesday with demand easing late, eroding part of the upturn.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 24, 1954
Page
14
Unofficial Friday receipts show hogs at 12 000 head cattle 3 000 and sheep 4 500. Butcher hogs mostly sold 25 cents higher on Wednesday with demand easing late, eroding part of the upturn.
Hogs sell 9 500 receipts. market mostly 25c higher. Choice hogs 200 lb plus 19 50. Cattle receipts 13 000. steers steady to 25c higher on averages. high prime to prime 27 50–29 50. Heifers steady to strong. cows steady to 25c higher. Sheep receipts 1 500. slaughter lambs steady to 50c higher. best wools 20–21 dollars.
Sioux City cattle receipts around 200 head with slaughter steers strong to 50 cents higher and heifers 25 cents higher. Few sales show choice to mostly average steers at 27.25 to 28.25, choice steers 24.25 to 24.00, good grade 19.00 to 21.50.
Receipts Wednesday about 75,000, week earlier 81,500, year ago 54,000, actuals Tuesday 61,000. Demand good. Prices steady to 25 cents higher with butchers 10 to 25 cents higher. Top barrows and sows choice. Weights 180 to 330+ pounds list various prices. sows 270 to 550 pounds show lower ranges.
Receipts 4 500 calves 100 with a large run of fed steers and about 15 percent cows. Fed steers and heifers average choice to better, strong to 25c higher. Cows firm to 25c up. Stockers and feeders scarce but steady. Load prime fed steers early at 29.00 dollars, some held higher, two loads mostly prime heifers at 26.75 dollars.
ICAGO PRODUCE CHICAN S, BUTTER receipts 659 429 pounds steady 93 score 59 4c 92 score 944c 90 score 58 4c 89 score 57c 89 score cars 58 2c EGGS receipts 17 059 cases steady to lower white large under 70 percent A 34c mixed extra large under 70 percent A 34c mixed extra mediums under 70 percent A 29c standards 3lc current receipts 27c dirties 24c checks 24c CHE Bready single daisies SI 38c ee 39a LIVE POULTRY steady 2c lower hens 130 19c broilers 18c fryers 18c capons 204 32c old roosters 12c geese 12% 21c ducks 13 30c turkeys 23 35c POTATOES Arrivals 55 on track 322 total U S shipments 416 supplies model rate demand for russets moderate and market firm for Red River valley Pontiacs demand slow market dull Carrot track sales Idaho Russets 3 89 43 90 one car outstanding 4 00 Minnesota North Dakota Pontiacs washed and wrest 2 40 Colorado Red McClures
New York reports steady to film butter with receipts totaling 466 184 pounds and grade prices ranging from 89 to 93 score for various creamery grades. Eggs show barely steady to weak demand with receipts 16 238 pounds and price quotes across color and size categories.
The markets section lists poultry and feed items with assorted prices. Ring fryers four to four and a half pounds at 6 cents per pound, undersize poultry at 10 cents, shorn springs ten cents, vinyls five pounds at 11 cents, under five pounds ten cents, horn hens at 10 cents, over six pounds fourteen cents. Seed grass seed per hundred pounds carloads on a cash basis, Red Top, corn, soybeans, straw, and native wool prices included with several figures and unit notes.
Richard Murphy, 26, of Iowa City was hospitalized in good condition after his car hit a power line pole near Iowa City Tuesday night. He suffered a fractured right ankle and a head injury, authorities said.
New York AP reports the stock market pushing to fresh highs not seen since 1929. Gains mostly 1 to 3 points with few declines, while volume hits an estimated four million for the year.
In a Woodford birthday rally Churchill at eighty asserts he ordered Montgormery to keep German arms stacked for potential reuse if the Soviet advance into Western Europe continued. He accuses Stalin of overreaching triumphalism and argues for Germany as a bulwark against communism.
Earl R. Kullander of Ames was fined 105 dollars in police court on a charge of running a red light. Judge Emil Trott suspended all but 12.50 of the fine on condition Kullander refrain from driving for 15 days.
Morris Kats reports a preview indicating 1955 spending on plant and equipment may fall about five percent next year, reflecting cautious investment and anticipated budget constraints across industries.
In Chicago trading, wheat and soybeans opened firm and oats and rye joined later. Corn lagged on light profit-taking while December wheat rose near 1 cent. December corn fell to around 1.56 to 1.57, oats slightly higher, rye steady to up, and soybeans advanced to about 2.87.
Chicago spot prices for corn oats and barley listed with grade specifics. No. 4 yellow corn at 1.41 to 1.452 dollars per bushel, No. 5 at about 1.37 to 1.38, oats vary by grade with several cent ranges, barley offered as making choice 1.30 to 1.52 or feed 1.10 to 1.19.
Comedians Dean Martin and Jerry Lewis urged American families to mail in Thanksgiving turkey wishbones. The cleaned bones will be processed and sold for chicken feed with proceeds going to the Muscular Dystrophy Fund, supporting 200000 affected children.
In New York the Dun and Bradstreet wholesale food index fell for the first time in five weeks. The index moved to 6.85 from 6.88 last week. a year ago it stood at 6.53.
Paris dispatch reports French Premier Mendes-France flying home from the United States to confront domestic unrest over his 1955 budget. He won praise for strengthening U S ties, but a simmering rebellion in the national assembly threatens his leadership as opponents eye a new attack to topple him, a fate that has felled twenty cabinets since WWII.
Comedian Red Buttons is in a New York hospital with strep throat and high fever. He canceled his NBC television appearance Friday night. Producers were lining up a substitute act to fill in during the emergency.
Gary Stoner eight of 111 Fourteenth Street NW sustained a head injury in a Tuesday afternoon bicycle collision with a car at First Avenue and Seventeenth Street W. He was taken to St Luke's hospital for treatment. Police identified the car driver as Bernice Wetterling of Amana.
In Columbus Mississippi James R Hutcherson won 117 99 in damages after a shoe store employee poured red dye on his car parked on store property. The incident occurred Tuesday and the payout was awarded by a local court.
Frank L. Cheadle 71 of 933 Eighth avenue, a World War I veteran, died at 1:25 p.m. Tuesday at the VA hospital in Iowa City. Born in Marion October 9 1883, he worked for the Milwaukee railroad starting 1908, served in the 13th railway engineer corps, and retired as night agent for the Railway Express Agency in 1947. He was unmarried and survived by a sister and two brothers. Memorial services set for Friday at 2 p.m. at Murdoch chapel with Marion post 298 and Cedar Memorial Cemetery rites.
At a special meeting the Hargrave Construction Company received a bill of 841 for extra labor to lay asphalt on Eighth avenue between Thirteenth and Twenty second streets, aimed at patching. The city accepted a compromise offer of 400, with the shortfall absorbed by the city. Rock and oil improvement assessments were approved and owners have 30 days to pay before certification to Linn county auditor.
Marion board of Camp Fire leaders and sponsors met Tuesday evening in the basement of the Christian church. A Kodawasin Camp Fire group presented a play The Seven Roads to Happiness while Horizon club members assisted with camping support. Seaman Apprentice Jim Malake of the Great Lakes Naval Training Center is on leave with his parents and will return December 3 for further assignment.
Mr and Mrs Stanley Hotle traveled to Washington Iowa on Wednesday to celebrate Thanksgiving with Mr and Mrs Robert Ross, the brother in law and sister.
Waterloo RP workers returned to work at Rath Packing Company after a two week stoppage, following the CIO union acceptance of a company plan on special seniority rights. Livestock buying again began locally with hogs, cattle and lambs, and lamb slaughter to start at noon with maintenance crews. Hog slaughter to begin Friday and other departments to follow.
Des Moines AP Thomas E Martin the U S Senator elect named Robert E Waggoner 36 of Fort Dodge as his administrative assistant Waggoner who has led the Republican State Central Committee in Des Moines assisted in Martins campaign against Guy M Gillette He plans to move to Washington around Dec 10 with his wife and two children He taught political science at Fort Dodge Junior College 1947 1953 and was active in Young Republicans in Fort Dodge He served as an assistant bill clerk in the House in 1953 and returned in February to lead the state committee post
Charm Beauty Shop will be closed Thursday Friday and Saturday according to an advertisement.
The Cedar Rapids recruiting office reports three Iowa men enlisted in the Navy. Joseph A. Melsha 17 of Monticello and Robert A. Schwab 18 of Belle Plaine will train at Great Lakes Illinois. Carlyle L. Dahl 18 of Thompson will begin basic training at San Diego California.
Edison Pharmacy and Sorg Drug announce Thanksgiving hours from 9 to 11 a.m. for early shopping and service.
Guests of Mr and Mrs Alan P Benson Coldwater Michigan and their children Linda and Jay visit Mr and Mrs Gordon Pyle of Columbus Ohio and their daughter Cheryl while Mr and Mrs Jay W Benson of Detroit stay at the home of Mr and Mrs Glenn O Pyle.
Mrs Mayme Reed and her son Edward Reed Jr and daughter-in-law travel to Indiana Harbor to attend the wedding of Mrs Reed's granddaughter Lois Shesler to Richard O'Donnell tonight.
Merlin Robert Neessen, 25, of Waterloo, died after a Saturday night auto crash at the intersection of roety 20 and a county road two miles east of the city. The accident left seven injured and involved Virgil Noble, 34, Evansdale, and Bernice Schuler, 28, Jesup. Neessen’s survivors include his wife and two young children.
Cira's Super Market and Snack is closed for the entire Thanksgiving Day period. This notice informs customers of the shutdown and advises planning accordingly.
Mrs H D Danford of 1079 Thirteenth Street hosts a birthday celebration tonight on Wednesday for her sons Dennis turning ten and Jimmie turning eight. Sixteen boys will attend a theater party following fun at the Danford home.
Lora D Simp son of Martelle purchased the George W Morris residence at 580 Ninth Street and will take possession December 1. Sale conducted by Brockman and Mc Gowan.
Police investigated a break in at a service station on First avenue and First street SW. Officers Ralph Gearhart and Forrest Sweet found a smashed rear window in the grease house at 2 30 a.m after checking the building at midnight. The operator said nothing appeared missing.
Mrs Florence Costello of 500 Thirteenth Street has entered Mercy Hospital for treatment.
Cedar Rapids officials report a shift toward leniency in speeding cases since June 1. Police arrests remain high, but court suspensions have dropped from 96 in June to 27 by November, while radar units and higher receipts reflect ongoing enforcement and evolving court attitudes.
In a Jaffa rubber bridge game, K M Pellegg demonstrated a line to make four hearts with the South hand by two rounds of trumps to capture West s king. The defense would then threaten three clubs and two diamonds, but Pellegg shows a feasible play to achieve the contract.
In a bridge contest Pellegg constructs a winning line by cashing aces and ruffing to clear spades. West opens with king of diamonds and later is forced to discard clubs, leaving him with no more tricks while South secures the game.
William Moore a long time Parker Pen Company employee retires after 52 years and is credited with inventing the washer clip allowing pens to be carried in pockets with only a tip showing in Janesville Wisconsin.
Frank Wahrman state FHA director told 189 realtors and builders in Cedar Rapids that to qualify for FHA insured loans for next spring builds, plans and specifications must be ready and accurate. Panels noted seven to eight week processing times for new construction, with two weeks for valuations on existing homes, urging prompt, precise contracts, full addresses, legal descriptions, and clear plans to speed inspections and approvals.
City notes show Rebekah Lodge 494 not meeting Thursday. Thanksgiving roasts served 11:00 a.m. to 5 p.m. and candlelight dinner 5:00 p.m. to 8:00 p.m. Reservations via phone 4 4630. Also listed are High Twelve speaker Rev. Marion H. Williams on How the Bible Got into Masonry at Bishop cafeteria, and Krebs Dutch Girl Thanksgiving specials.
Elkart Indiana reports Arthur Weaver presented a record check for 52.23 dollars, the largest sum ever honored by First National Bank. The instrument measured five feet by twenty inches, marking a notable banking milestone.
A congressional committee faulted nearly three million dollars in government backed funds for the Lost River tin mine on the Seward peninsula Alaska calling the effort grossly inefficient and influenced by officials. The panel urged referrals to the attorney general and cited improper administration and irregularities including stock issued to a senator's aides in exchange for services rendered.
PARKERSBURG AP Lester Schlie 26 of Waterloo Rath Packing Company employee died after a head-on collision with a small truck four miles east of Waterloo Tuesday night. Elton Hensal of Colfax drove the truck. Schlie a Korean War veteran lived with a sister in Parkersburg.
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