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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 26, 1947
Page
15
Chicago reports a broad rise in livestock prices as markets move higher before a holiday shutdown. Hogs gain 25 to 40 cents, cattle rise 25 to 75 cents, and sheep advance about 50 cents amid active trading and supply constraints late in the session.
The market shows steady demand with live steers trading around 36.50 to 38.00, and early highs near 36 50. Cows and ewes move at mixed levels as buyers seek top quality and good medium stock, with cautious but active spending.
Auction notes pulp and garbled data show active selling in steer and heifer categories with moderate demand and higher prices for certain weights. Cattle ranges include feeders and canners, with steers around 20.38 and heifers near higher readings. Sheep and lambs show softer tone with reported prices around 23 and 19 dollars for select lots, indicating varied buyer demand.
AP USDA data shows receipts totaling 1.566 in Lehi supply with cattle slaughter grades at 1.690 across categories. The brief bulletin notes supply figures and grading metrics for the meat market.
Chicago market notes show poultry receipts at 20 with weak demand for white rock and se th rock, butter at 235,002 pounds firm at 90 to 93 cents, cheese at 22 to 25 cents, eggs with various scores around 77 to 90 cents, standard grades 1 and 2, vegetables including onions and potatoes with limited sales, no reports from Montana and River Valley section.
Entered price quotations show steady consignments for New York produce and cheese. Receipts totaling 523 931 for cheese and 287 264 for butter indicate stable wholesale demand, with spot quotations like 44 to 46 cents per pound for selected grades.
In Chicago Wheat rose on buying by commercial interests and short covering, lifting the market and triggering a late rally in corn. Earlier corn had dipped as cash grain supplies expanded and a leading processor exited the market. Wheat closed 3 to 4% higher. December at 3.18 to 3.24, corn up 1.42 to 3% with December near 2.54 to 2.55, oats up 1.5 to 2%, December around 1.24 to 1.25, soybeans up 3 to 5% for March near 3.90 to 3.89.
Chicago buyers and sellers chart grain and feed prices with No 2 red wheat noted, corn values listed around 2.58 to 2.70 per bushel, heavy glutens priced, Timothy and feed components shown, soybeans No 1 yellow at 3.92 and percent figures included.
The page lists fruit and vegetable prices with crates and per box rates, then shows Dow Jones averages and a string of corporate and stock listings including Adams, Firestone, General Motors, Union Carbide, Goodyear, Hershey, and Warner Bros, among others. Figures include oranges at 4.25 and 6.50 per crate, Jonathan apples at 4.25 per id, Red Delicious at 4.00 per id, and various crate and box prices alongside the Dow Jones close and prior figures.
Des Moines reports show hog receipts with mixed prices as weights adjust. Compared to last year receipts and prices vary, with active demand reflected in mid range figures and per hundredweight values around the 19 to 33 dollar marks for various weight classes.
SUPERIOR Wisconsin UP Howard Drain a 29 year old sailor began a one to two year reform after claiming his robbery was inspired by the idea given him by his victim Frank Zelinsky 67 who asked if Drain was a cobber when he found him in his car Drain admitted slugging Zelinsky and taking a wallet containing 18 dollars during the incident
New York stocks opened with uneven gains as some industrials and rails rose briefly but most advances faded by close. The pre-holiday market featured a mix of gains and many declines, reflecting a broadly uneven session.
New York bond market near closing bell shows tangled price ranges with modest support for a small group of railroad issues and broad near balance between gains and declines.
David Solo saved two youths from a lake near Chicago, paying $30 in costs. He swam 150 feet to help them after hearing cries, used a plastic seat cushion for buoyancy, and returned safely to shore amid cheering by bystanders. A witness claimed someone stole his wallet while he was praised.
New York report details a low cost method to modernize small U.S. airfields by mixing cement with on-site soil. The process, advocated by Joseph W. Frazer of Graham-Paige Motors, uses about 90 percent soil and 10 percent cement, omitting sand gravel and cinders. A churned mix is watered and rolled to a smooth surface.
Marion junior high announced honor roll for the six week period ending last Friday. Eighth grade listed: Pati Ensminger Betty Ann De Jong Sharon Wilson Margaret Evans Ruth Roberts Richard Ross Roberta Schnell Richard Bristol Billy Lundquist Jean Marchant. Seventh grade: Joan Petrusch James Lang Barbara Paul Janet Gordon Marilyn Rech Harry Potter Jeannine Murray David Walsh Sondra Burnett David Carey Harry Oakley Barbara Galligher Keith Smith Karen Vikdal.
Lt Earl Mentzer, stationed in Italy with the regular army, visited his aunt Mrs Ed ward Manson on Tuesday. He and his wife were en route to Algona to visit her parents.
George Bright was granted a building permit to construct a $6,000 home at 1200 Ninth Street with T. J. Olinger of Toddville as the contractor. J. G. Vernon of 959 Tenth Street received a permit for a $400 garage. Edith Wilson at 1287 Sixth Avenue got a $200 remodeling permit.
Driver Fined $75 and costs in Mayor M H Biddick's court after his car rolled east of Marion on November 19. Henyan faced reckless driving charges and was hospitalized. Also noted are small town notices: post office holiday, local bonds, and community events including Santa Claus parade and Lions Club dinner.
John Clayton Trimble son of the Rev H E Trimble and Mrs Trimble of Center ville formerly Marion married Wednesday in Evanston Illinois to Nancy Thurman. His parents attended the ceremony. Mr and Mrs Richard Carsner have purchased the Everett Sprostons residence 253 Ninth avenue.
The advertisement indicates Edison’s will remain open until noon only on Thanksgiving Day, directing customers to plan purchases accordingly and noting limited hours for the holiday.
Marion school officials report about ten percent of enrolled pupils affected by ringworm infection. Superintendent C B Vernon said the illness is most prevalent in the third and fourth grades, with the high school included among those touched.
Mrs. Frank E. Luse hosted a party for 14 members of the Christian church G. G. class. Honorees included Mr. and Mrs. Franklin Main, Mr. and Mrs. Paul Welton, Donna McCalley and Francis Luse, all recently married or engaged.
Mrs Main formerly Lorraine Miersen and Mrs Welton formerly Odette Stanley were honored. The honorees were presented gifts in a small ceremony.
The Friendship Train’s grain special of 208 freight cars loaded with wheat flour and other foods from the Southwest ended its transcontinental journey in Philadelphia. The wheat-loaded cars will be moved to Port Richmond for loading aboard Europe-bound ships.
In Chicago William Schiffman shut a window sash and called his wife for help. She could not lift it so the fire department was summoned. Firefighters freed Schiffmann's fingers wedged under the sash and he remarked on possible excess force as he assessed his damaged digits.
Tacoma stockmen S. C. Marshall and Harry Splane prepare Nubbins a 655 pound full grown White Durham bull for a theatrical career. Nubbins is about 1,000 pounds underweight for a normal bull and stands only 36 inches tall with eight foot length and 12 inch legs. He will be featured as an oddity exhibit in northwest rodeos and fairs.
Huntington, Ind. UP reports the Baby Sitters club at the YMCA requires employers to meet conditions before girls work. Parents provide a reachability phone, transport after shifts, and lunch if late. Rates are 35 cents per hour to midnight and 50 cents after, with 50 cents extra for housework.
Boston juvenile court reports outstanding success in curbing delinquency. Of 3000 offenders over five years, 83 percent never reappeared. the 17 percent who did reoffend were largely cured after further treatment. A 12 week program of after school lectures handicraft and sports credited with the gains.
A county welfare board upheld a reduction of 65.50 dollars in monthly aid to a depdendent children family after relief official Spencer Brader found a 175 dollar beer bill at a local grocery store in six months. The family also receives 40.86 dollars monthly in veterans compensation. the father is a World War I veteran.
A fragmented page lists lost items including a man with a name unclarified, a fox terrier named Sparky, and a key ring with a box key. It also promotes jewelry loans, Monday sales, and Thanksgiving events, with various business ads and services across Marion, Cedar Rapids, and area stores.
Providence report profiles Luigi Menna of Cranston who earns his living by smell detecting leaks for the Providence Gas Company. He rejects gadgets, crouching to sniff suspected leak sites using only his nose. The piece also includes unrelated advertising blurbs for Sears wiring services and Rowley Construction Company offerings.
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