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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 18, 1949
Page
1
Chicago grain quotations lead the Marion news with price levels for corn wheat and oats. Market activity shows buyers sellers and price changes across futures and cash markets with traders watching supply demand and export trends.
Richard A. Dice of Marion is Iowa’s nominee for the National Association of Manufacturers meeting in New York City December 7 to 9. One college delegate is invited from each state and the District of Columbia with expenses paid. final selection will be by lot. The Iowa winner will attend all sessions, meet industry leaders, and later compete by essay for a top prize of 1000 dollars.
Chicago reports show cattle prices climbing to a new 1949 high at 37 dollars per hundredweight for two loads of choice to prime steers. Hog prices rise after Monday dip with butchers and sows up about a quarter.
Salable receipts reach 10 000 hogs with activity fair and gains up to 25 cents for butchers and sows topping at 18 4 per cwt. Calves 600 with steers and heifers up to 50 cents. cows and bulls scarce. Stock cattle to 37.00, yearlings 36.00, steers 22.00 to 28.00, vealers 23.00 to 41.20. Sheep 1 500 with slought lambs 24.25 top natives, yearlings firm, lambs steady.
Feeder and fed cattle markets see limited fresh supply with moderate carryover from Monday. Prices show mixed movement across classes with loads of choice to prime steers at 36.40 and top heifers at 28.25, cows up to 17.00, and common cows around 12.75.
AP USDA cattle receipts total 7 000 with calves 900 as run includes 1 200 fresh western raisers. Load choice 1 246 lbs cattle at 31.00. Good to low choice 950 lbs cattle at 22.00 26.00. Heifers 29.50 for 950 lbs with varied bids. Cows 13.50 17.25 and stockers 18.00 22.00.
Cattle receipts 9000 calves 1500, steers trading slow, fed heifers above 25.50, shortfeds mixed. Cows steady-strong bulls up 50 cents, stockers and feeders steady. High medium average fed steers 24.00 to 28.50, common low to medium grass steers 16.50 to 19.00, vealers top 25.00.
The report shows hog price brackets by weight at Waterloo with rates ranging from 25 cents to 23 dollars, covering weights from under 170 pounds up to 550 pounds. Prices vary across weight bands including 160 to 170 Ibs, 170 to 180 Ibs, 300 to 330 Ibs, and above, with values like 14.50, 16.75, and 23.00 dollars listed.
Cedar Rapids hog prices rise a quarter as top prime butchers bring 17.75 and good packers 17.00 per cwt. The report also lists feeder cattle ranges, calf and sheep values, and wholesale fruit and grain prices across Iowa markets with receipts for Iowa hogs and conditions at packing plants in Minnesota and Iowa.
New York reported a broad market advance with aircraft and radio television shares leading. Several issues hit new yearly highs as daily gains ranged from fractions to over one point while turnover approached 1.1 million shares.
Live poultry receipts total 36 trucks as buyers keep steady demand for White Rock 30c and white cross 29c. Cheese prices range 31 to 37c for various varieties. butter receipts 729 572 pounds with scores around 62c. Eggs show firm markets with mixed lots and higher prices for extras. Potatoes arrivals 91 cars with liberal U S. supplies and slow demand. Idaho Russets quoted near 3.85 to 3.95 per sack and other varieties around 2.50 to 2.80.
Market report shows steady, firm to weak demand for produce. Prices listed for creamery products and various vegetables and poultry with mixed color quality and weight categories. Receipts total 860,547 dollars with spread across peas, pullets, whites, and heavy weights in Midwest and West regions.
General buying hit the pits after word that senate house conferees agreed on a farm support bill. Wheat led gains on hopes of a 90 percent parity price for 1950 while corn oats rye soybeans and lard moved on the day’s trading. December wheat rose to about 2.13 a bushel with other grains mixed.
Fragmentary Chicago AP OCR data lists assorted yellow grain figures and prices. Mentions barley and feed, with scattered numbers for tracks and states Indiana Illinois. No coherent event or person identified.
City Treasurer Walter E. Miller warned that only six days remain to settle the street oiling special assessment. With $18,344 total this year and $10,741 collected, $7,603 still must be paid by 5 p.m. Oct. 24. Prompt payment avoids county certification and lowers future tax load. Payments can be mailed or made in person at the fifth floor city hall office.
In a North Sea collision Tuesday the freighter Maystone struck the Albion tearing a deep gash in her stern. The carrier sank almost immediately with 20 or 21 lives lost while three crewmen from Maystone were rescued by the Albion before her sinking. A fourth survivor was reportedly picked up though not confirmed.
Homer H. Hanson a 49 year old Des Moines book store operator and antique dealer was free on a 500 dollar bond after waiving to district court on a drunk driving charge. Patrolmen and deputies arrested him Sunday on highway 6 east of Newton while driving a 1914 Maxwell. He said he bought the aged car in Anamosa and was driving it to Des Moines.
Charlotte Stephenson and George Machacek wed Tuesday morning at St Josephs Catholic church. Rev Maurice Scal l on presided over the double ring ceremony with attendants Mary Blocker and John Krall. The couple will reside at 290 Fourteenth street after November 1. They left for the Ozark mountains following the ceremony.
Classified pages list ad rates for one and eight day periods with prices. Multiple services advertise watches, dances, rentals, and personal notices. Various local businesses offer repairs, cleaning, moving, and party planning services with contact details and hours.
Mr. and Mrs. Paul Malm burg Elkader and their children join several families from Iowa and Illinois in a listing of residents. Mayor M H Biddick's court disposed cases including Robert Bennett and Ralph Martin with $5 bonds. Warren Johnson released on $100 fine and costs. Per ads, tulip bulbs for sale and a bed set offered. Mrs. Voorhies and Mrs. Grafft visit Sioux City and Cherokee. Drummond returns home from Ottumwa and Fairfield after visiting Kepler family.
J Ray Fialka of Cedar Rapids was elected and installed as president of the Iowa Fraternal Congress at its two day Sioux City assembly. He succeeds Edwin Kress of Sioux City with Irene Bird Cedar Rapids as secretary treasurer and T H Young and Jerry Drakozal also named to the executive committee Cedar Rapids will host the next assembly.
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