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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 16, 1944
Page
7
Chicago reports cattle and sheep steady while hogs sell near ceiling prices. Iowa Minnesota interior plant data show 48 hour totals at 35 600 head vs 31 700 last week and 40 400 year ago, with varied weight-based hog price ranges from 13.00 to 13.74 per hundredweight.
Receipts reach 25 000 with slaughter classes slow while feeding lambs show broad demand. Lambs weaken early by 25 cents with some spots higher. western lambs offer 14.00 to 15.00 while calves demand holds at 14.50 to 15.50. Ewes and breeding stock weaker overall with ranges near 11.25 to 12.00 and 12.00 to 13.90 for mixed grading.
Livestock buyers report receipts of hogs and cattle with varied demand. Hogs show largely steady to firmer prices around 13.50 to 14.50 per cwt, with loads and weights noted and calves quoted up to 15.25. Cattle faces mixed bids on steers and heifers, while sheep lambs show softer trend near 11.75 to 10.25 for yearling feeders.
Chicago AP notes hog receipts about 9 000 and cattle receipts around 20 000 with steady to weak demand. Hog prices mainly 14.75 for 150 240 lb and 14.00 for heavier sows. cattle show general weakness with killer quality medium to good and vealers firm to higher in parts. Sheep market opens slow with native lambs and ewes weak to slightly lower, mixed grades around 13.75 to 14.90 for choice lambs.
Chicago AP reports grain futures were irregular on Monday with rye up and down, wheat fluctuating narrowly near the prior close, and feed grains showing weakness. Wheat settled 1.4% higher to 4% lower, December at 1.63454. corn unchanged to 1% higher at 1.125. oats down 4 at 0.6314. rye 7% higher to 1.4% lower at 1.08 to 1.077. barley 0.5% higher to 0.7% lower at 1.0344.
In Chicago market notes from AP the Wheat price for No. 1 dark hard is 1.71 a bushel. Oats No. 2 mixed at 67.5 cents. No. 1 special red 68 cents and heavy red 68.5 cents. Red clover seed quoted at 31.50 per hundredweight. Feed values range around 1.10 to 1.18 per unit.
A fragment describes a Wisconsin cheese sale in Plymouth with unclear figures. Mentions three cars and pricing hints with cents, listing U.S. No. 1 twins or cedar items and a 23 percent note.
Market notes show creamery prices above two dollars with premium marks and various scores. Egg receipts for 12 days listed at several values, while furred items and potatoes like Russets from Idaho show shipments and arrivals.
The list shows Idaho Russet and Red varieties with size A unwashed and washed prices, plus Oregon California and Minnesota-North Dakota figures. Notable entries include Idaho Russet unwashed at 22.29 per 100 pounds, Red River region washed 3.00, and U S 1 unwashed around 2.50 to 2.65, reflecting varied market quotes.
The Cedar Rapids hog market holds at ceiling. Prime butchers fetch 14.45 and packers 13.70. Mixed cattle and sheep sections show various weights and grades with prices from 5.00 to 15.00 for steers and lambs from 10.56 to 13.50, plus bulls, calves, and culls priced accordingly.
New York trading saw scattered gains and mild losses as leaders mostly held firm. Near closing, dealings were light with about 550000 shares changing hands, and a broad mix of quotes across numerous issues.
A list of market quotes includes Old No 2 yellow corn at 1.04, old soybeans 1.86, oats 66c and 65c, rye 1.00, hay and straw prices, poultry rates for heavy springs and hens, Michigan celery 1.40 per dozen, California oranges 86.41, lettuce 5.53, yellow onions 1.85, Jersey sweet potatoes 2.8, Idaho potatoes 3.75, California grapefruit, and hide and leather prices with No 1 cured hides at 2 and various other grades.
Washington report shows the army returns about 30,000 soldiers monthly from front lines as the limit compatible with continuing war. It notes four to seven times that many are overseas awaiting furlough, and each home visit requires roughly four months away from combat units.
Maj. Albert J. Stowe told the American Dental Association delegates in Chicago that Allied offensives have forced stronger enemy espionage. He urged unity and silence among all Americans in the days ahead.
American Telephone and Telegraph and its principal subsidiaries reported net income of 43,444,122 dollars for the quarter ended August 31, down from 46,216,621 dollars a year earlier. Earnings per share were 2.18 compared with 2.28.
The city council canceled the Class C beer permit held by Mike Nassif at 601 Eighth Avenue SE and issued a new permit to Louis Homsey at the same address. Class B permits were issued to Lamir J. Zak of 930 Ninth Street SE and the H and K Operating Company at 325 First Avenue. The council granted Iowa-Illinois Gas and Electric permission to lay 95 feet of gas main in the south parking of Thirty-fifth Street NE.
The Supreme Court denied a writ of mandamus to return Tyler Kent, former U S embassy attache in London, to the United States. Kent, convicted in Britain of delivering Allied secrets to Axis agents, had his mother seek Roosevelt’s intervention to secure his release from prison after serving half of a seven year sentence. The court also refused review of a dispute over diplomatic immunity.
The National Labor Relations Act coverage dispute involved J. L. Brandeis & Sons Omaha department store appealing an Eighth Circuit ruling. The firm argued local business nature but the court kept the act as applicable to the store.
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