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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 05, 1948
Page
18
Hog prices fell Tuesday with butchers down 1 to 1.50 per hundred pounds and sows weaker. Cattle showed mixed moves with some gains and declines, lambs mostly steady to down. Trading activity remained uneven as buyers and sellers adjusted to the wet week and fluctuating demand.
The Cedar Rapids hog market showed prices sliding on Tuesday with top prime butchers at 22.00 and packers at 20.75. Cattle and grain listings follow in the same issue, while New York stocks edged lower after a three day rise, with moderate turnover around 600,000 shares.
The New York bond market moved unevenly lower on Tuesday with only a few favorites advancing. A shift of a point or more occurred in some corporate bonds amid very light trading volume.
In Omaha hogs and cattle trade, receipts around 6 000 hogs with mixed weights. prices eased 19 to 24 dollars for sows and gilts and top hogs around 25 dollars. Cattle saw slow slaughter demand with steers down about 25 to 50 cents from prior, top fed steers near 37 50, cows 17 75 to 20, stockers and feeders steady to higher. Fat lambs cited above 24 dollars with western slaughter ewes 99 50, feeding lambs weaker.
Grain futures held steady to firm with wheat rising on export demand and corn supported by a strong cash market. Soybeans climbed sharply on processor demand and short covering, while rye showed good demand. Prices finished with mixed moves across contracts, reflecting varied supply and demand factors.
Market prices shown for corn soybeans oats and malting barley with bids for No 1 and No 4 grades. Includes figures for prices per bushel and per hundredweight and notes on seed hay and timothy values.
Iowa hog receipts show 32 000 Tuesday pickup versus 32 500 week ago and 33 400 year past, with two southern packing plants unloading 50 000 head by Monday. Demand slows, prices drift lower, and shipments to buyers remain tepid as market activities waver.
Kansas City cattle market shows seven calves averaging 1,900 pounds with early trade around 30 head of steers and heifers. Prices move from 19.25 to 23.00 for common beef and steady stockers with top steers at 26.00 and heifers up to 31.00.
Sioux City livestock receipts total 3,800 hogs and 7,600 cattle plus calves. Hog prices uneven with butchers 1.50 to 1.60 lower. top quotes around 23.25 for 200 to 260 lb, heavier weights scarce. Cattle and calves show steady to firm demand for stockers and feeders, slaughter steers moderate and cows slow, several lots selling around mid 20s for good fat steers. Sheep receipts include mixed Western ewes and lambs with buyers bidding lower for slaughter classes. late Monday good to choice Western feeders around 67 lb at 23.25, about 25 cents under prior.
Market notes show 36 trucks in poultry statings and varied prices for Plymouth Rock and White Rock broilers. Cheese items priced per dozen, daisies, tubs, and eggs listed with specific scores and yields. Potatoes, oxtsee, russets, and Bliss Triumphs quoted with regional price ranges and regional supply levels.
Market report shows eggs and white meat prices mostly firm with small gains across several items. Receipts total 621,728 as overall market remains steady with prices unchanged.
A brief note records minor changes and rises at Gordons Ferry and La Crosse with no change noted for Hastings A and HeGregor. Duba Pall and ne show no movement in the Mississippi River readings.
Sunday ceremonies at Camp Wau welcomed 124 new members into Tribe Wapsi pinic aka Black Crescent. Cedar Rapids and Belle Plaine scouts among those named. officers include North Wind Chief David Johnson and East Wind Chief Don Elliott. 60 scouts attended the two day convention and meeting.
A farewell banquet for Capt. and Mrs. Walter E. Thompson and their daughter Mrs. Hope Guernsey, who led Salvation Army work in Cedar Rapids for 11 years, will be held at 6 15 tonight at the Roosevelt hotel. Brigadier Alex Thomas will speak to advisory board members and civic supporters.
Six men were elected Marion Chamber of Commerce directors for two years at a Monday evening meeting. The new directors are James Gruenwald J O Sheets Frank LaBarge Henry Katz Stanley Hotle and Donald Terence. The chamber also noted ongoing work including a Community Chest east area industrial development a ringworm clinic Old Settler's day and the Corn Festival. Davis named temporary chairman and a full time executive secretary recommended.
Short classified ad seeks a light housekeeping room or apartment. Mentions working girls and provides P O box 232 as contact. No date or place specified.
Miss Josephine Lillie and her brother Park Lillie of Santa Rosa N M have returned to Marion after a two month visit with their brother George and family in Maxbass N D.
Nine candidates were chosen in a Monday vote at the high school. The finalists will be narrowed Friday morning with the queen to be announced at the homecoming game between Marion and Vinton. Attendants will assist the queen at the dance in the gym afterward.
The Rev. Philip LaRue of the Moody Bible Institute in Chicago will present a screening of God of the Atom at 7:30 p.m. in the Baptist church. The film features real photographs of Nagasaki and Bikini explosions and atomic research apparatus and closes with a world crisis summary and proposed solution.
Prosser, a former Linn County farmer, died Saturday in Clifton Texas. Services are set for 2 p.m. Wednesday at Prairie Chapel Church near Marion conducted by Rev. Clyde Scott. Burial follows in Prairie Chapel Cemetery. Friends may call at Yocom chapel until noon Wednesday.
The Marion city council on Monday night adopted an ordinance granting a new franchise to the Iowa Illinois Gas and Electric Company. The council also approved the reappointment.
The council approved three-year library board terms for Mrs. J B Howell Mrs J A Beeson and Stanley Kellams and appointed Mrs Winfield White to fill the vacancy from Mrs Rose Cessford's death. They voted to buy a cutting torch and granted beer and dance permits to local establishments including John's Tavern Eagles Club and Armar Ballroom.
Mrs Anna Applegate and her daughter Mrs R E Leidigh visit Coggan of Mrs Cates daughter Mrs Paul Quaas as guests in a social gathering hosted by the family.
Mrs. R. E. Leidigh spoke about her Alaska visit and Mrs. Oma Kruger recalled summer days in Honolulu during the social hour.
Frank A. Beranek 75 lifelong Morse resident died at 2 30 a m Tuesday born near Morse September 19 1873 he worked 46 years for Rock Island railroad and belonged to the Brotherhood of Maintenance of Way Survivors include a daughter Mrs Alvin Barnes Belmont N Y a son Floyd two sisters Mrs Charles Gillnear Solon and Mrs Anna Snyder Washington Ia and a brother John Morse Services at St Marys church Morse 9 30 a m Thursday by Rev Carl F Clems Rosary at 8 p m Wednesday in Brosh funeral home Solon with calling hours there
Mrs. Lyle Hofer reports a man about 22 and six feet tall knocked her down near First avenue and Seventh street and fled with a purse containing 55 dollars. She described the suspect as dark haired.
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