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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 31, 1945
Page
15
Chicago stockyards report top cattle trading at the year's peak with most loads around $18 per hundredweight and hogs at 16 500 receipts, largest in eight months. Sheep and lambs show active trading and steady to firm prices across slaughter classes amid strong demand and limited veal availability.
Omens AP USDA hogs receipts 2,500 steady barrows gilts 14.50 sows stags 13.75. cattle receipts 506 steady grain fed steers heifers and other classes slow cows stockers feeders 17.65 top for choice grain fed. Sioux City cattle receipts 4,300 calves 400 steady to easy, fed steers 15.50 to 17.65, cows 5.25 to 11.50. hogs 1,800 market active 14.50 for large hogs, sows stags 13. feeder pigs under 149 lbs 14.50. lambs 14.00 to 14.15 with mixed consignments and feeder lambs.
Stocks rise on broad gains across sectors in New York as Wall Street reacts to inflation policy signals. Initial trading saw mild irregularities as the market awaited the missing percentage figure and clearer wage price policy guidance.
Combined receipts at 19 concentration yards and 11 packing plants in interior Iowa and southern Minnesota for the week ended Wednesday totaled 34,900 head, up from 22,606 last week and 75 higher than a year ago. Weights and prices varied with good and choice barrows and gilts selling around 13.50 to 16.30, while sows brought roughly 13.30 to 13.60 per hundred pounds.
Des Moines area hog price postings show varied bids among butchers Mason C Waterloo Ottumwa and Austin. Prices range roughly from 13.50 to 14.45 per hundredweight with loads cited between 270 and 500 head in the market.
Prices on the Cedar Rapids hog market remained at ceiling levels on Wednesday with prime hogs topting at 14.45 as packers' bids and other market activity showed mixed demand. The report also notes a wide array of commodity quotes and various market indices including Dow Jones averages and United States steel and chemical stocks.
Chicago and New York produce details show butter and cheese receipts with varied scores and standards. Poultry prices list roosters and ducks with multiple per pound figures. Potatoes note steady arrivals and liberal supplies with slow demand. overall market tone mixed.
Des Moines AP reports the state drivers license division will begin renewing 1945 chauffeur licenses next Monday and expects about 10,000 more licenses issued in the coming year.
Chicago grains steadied through most of the session after an early buying flurry tied to President Truman's wage talk. Wheat rose modestly, corn and oats slipped slightly, rye and barley showing mixed moves as Kansas City cattle prices moved higher on strong slaughter demand.
Belle Plaine’s George C. Merrill, chief boatswain’s mate, earned a second Navy citation from Admiral R. K. Turner for outstanding amphibious service in World War II. The award covers actions from August 1942 to March 1945 at Guadalcanal, Rendova, Bougainville, Cape Gloucester, Lingayen Gulf, and Iwo Jima, including landing troops and shooting down enemy planes. Merrill, Belle Plaine High School graduate 1938, enlisted in 1940 and has reenlisted after five years of service.
Josephus Daniels urged Congress to unite land sea and air forces into one national defense department. The former secretary of the navy said training together in peace will ensure men fight together in war and called for ending debate and dispersion.
In Copenhagen the Communists won 15 seats while the Socialists dropped 18. The Socialists tally 671,664 votes, a drop of 222,968. Communists stood at 255,183 votes, up 214,290. Conservatives 373,854, down 47,669. Liberals 103,750.
DES MOINES AP reports 3,721 new unemployment claims in Iowa for the last four weeks, down from 5,960 in September and 8,406 in August. Despite the drop, October total benefiting workers reached 26,901, a postwar high, with average checks about $16 per week.
A cheery jumble of lost and found notices includes a lady's black leather purse at Mercy, a billfold at the Interurban Station in Iowa City, a copper cord earring and rhinestone set, a lost dog near 3 St. SW, and rewards offers. Local merchants advertise jewelry shops, watches repaired, and various services from magazines to portraits and remodeling.
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