Financial and Market News from Midweek Livestock Markets
Chicago and major midwest markets report mixed hog and cattle receipts with prices near ceilings. Hogs at 16.25 ceiling for loads over 140 lbs. cattle largely weaker with beef cows firm to higher and steers absent. spring lambs steady to higher amid active trade. Sioux City and Omaha show varied runs with hogs steady to lower and calves and stockers mixed. Kansas City notes weak to lower midweek cattle and higher replacement stock values.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock
USDA
Washington
OMANA
Omaha
Idaho
Sioux City
Kansas City
UPI
Cedar Rapids Hog and Cattle Markets Hit New Ceiling Prices
Cedar Rapids markets show new ceiling prices with prime hogs and packers at $15.70, plus quoted ranges for hogs, lambs, sheep, cattle categories, hides, poultry, dairy, fruits, vegetables, and grains. The market lists detailed lots by weight, grade, and product, including cows, bulls, cutters, canners, veal, and grain values with regional commodity figures and current receipts.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Alde
Michigan
Minnesota
Idaho
U. 8
Silahoma
Snake River
Colorado
Stock Market Slumps in Sharp One-Day Selloff
NEW YORK AP One of the sharpest selloffs in years hit the market Tuesday, with leading steels motors and industrials dropping 1 to 14 points and many hitting new lows since last fall. Heavy offerings appeared before midday, the tape lagged during a midday swoon, and a 40 minute burst of liquidation pushed key averages to session bottoms before easing. Around 2.5 million shares changed hands, the busiest since February, with traders attributing the decline to expectations of a later business peak and ongoing foreign concerns.
MENTIONED IN THIS ARTICLE
New York
Public Commission House
Willcox to meet Zustan in Nebraska Open playoff
KEARNEY NEB UP Pat Willcox of Des Moines Iowa professional and Gene Zustan of Goodland Kansas amateur will play an 18 hole playoff Tuesday to decide the Nebraska Open champion after each posted 54 hole totals.
MENTIONED IN THIS ARTICLE
Kearney
Neb
Pat Willcox
Des Moines
Gene Zustan
Goodland
Kan
Oats Steady but Corn Has Loss
Chicago reports oats steady while corn weak as stock market selloff influences grain values. Wheat unsettled in thin trading. cash corn falls up to 3 cents, with price quotes for oats, barley, rye, and seeds listed under Chicago provisions.
MENTIONED IN THIS ARTICLE
Chicago
Commission Houses
CASS
Chicago Produce and Prices Mixed for Produce and Eggs
Chicago and New York produce reports show firm receipts for butter eggs and cheese, with wholesale prices for fowl, ducks, potatos and russets. Notable items include Leghorn fowl 25% and roasters 30 cents per pound, Idaho Russet Burbanks in various washed grades, and New York butter receipts at bulk carton prices with 90 to 92 scores noted.
MENTIONED IN THIS ARTICLE
Chicago
U.S
U. S
Aingle Dais
lone whites DUS_ bakers
U S
Idaho
Burbanks
Colorado
Bliss Triumph
Nebraska
Wisconsin
Bliss Triumphs
South Dakota
North Dakota
Red River
Bliss
Minnesota Cobblers
New York
State Dept Backs MacArthur Speech on Japan Clash
The State Department said Gen. MacArthur's warning about a clash between opposing political philosophies in Japan did not violate U S Far East policy. Lincoln White, the spokesman, said MacArthur may speak freely on any aspect of American policy.
MENTIONED IN THIS ARTICLE
Washington
State Department
MacArthur
Japan
Far East
Department
Lincoln White
United States
Will Junk Vessel Once Normandie Be Scrapped
President Truman authorized the disposal of the U S S Lafayette former French luxury liner Normandie as scrap after the Navy declared it surplus. Taken over after Pearl Harbor it caught fire at a New York dock, overturned, refloated, but never served as a troop transport. A settlement with France over seizure claims was reached.
MENTIONED IN THIS ARTICLE
Washington
Truman
Maritime Commission
U.S.S
Entire Staff of Agency To Attend Convention
All 18 salesmen at the Cedar Rapids agency of John Hancock Mutual Life Insurance will attend the Midwest annual convention in St. Louis on September 6 to 8. Led by Bill Bayless the group will travel by special chartered bus, with Cedar Rapids ranking second to Utica in 1946 production nationwide.
MENTIONED IN THIS ARTICLE
Cedar Rapids
John Hancock Mutual Life Insurance Company
St. Louis
Bill Bayless
Utica
N. Y
Bayless
Doggy Reception for Fala Proves Washout
In Albany New York Mrs Eleanor Roosevelt arrived alone for a keynote at the Democratic state convention as a planned doggy reception for Fala the President Roosevelt’s Scottie failed to materialize due to hotel seating rules. News photographers waited at the registration desk while Fala was excluded from a Maine hotel recently.
MENTIONED IN THIS ARTICLE
Albany
N. Y
Fala
Roosevelt
Eleanor Roosevelt
Maine
Pickwick hearing date moved to October 16
In the Pickwick chicken picker patent infringement case Judge Henry N Graven scheduled Oct. 16 at 9 a.m for taking additional evidence from both sides. The date had been postponed from Aug. 26 to Oct. 1 and now advances once more.
MENTIONED IN THIS ARTICLE
Pickwick
Federal District Court
Henry N Graven
Broadway and Elsewhere by Jack Lait summary
A cultural column on boxing history contrasts ring fighters with gutter brawlers noting Corbett Dempsey and Tunney. Anecdotes recount Jack Dempsey’s street fights, Otto Floto’s tale of a gunpoint robbery, and a dramatic Grand Junction rescue. Mention of Louis Sobol in Copacabana film plans.
MENTIONED IN THIS ARTICLE
James J. Corbett
Charlie Mitchell
Jack Dempsey
Jand
Gene Tunney
Grand Junction
Otto
Jack
Local boxing notes mixed results from Boston to Mexico
In West Springfield Nick State of Springfield outpointed Puerto Rico’s Phil berto Osorio. In Tijuana Enrique Bolanos stopped Joey Pirrone. Albany’s Banny Williams knocked out Kid Chicken. and another bout saw a fighter from America land a knockout, details uncertain.
MENTIONED IN THIS ARTICLE
Associated Press
West Springfield
Mass
Nick State
Springfield
Philberto Osorio
Puerto Rico
Tijuana
Ablexico
Enrique Bolanos
Nario
Joey J. Pirrone
Jeveland
Abri TR Fango
O Banny Williams
Albany
Kid Chicken
Retired Railroad Man Dies at 86
Walter H. Applegate 86 a retired railroad employee died Monday at 3 15 p m at his home 1205 Tenth Street after a long illness Born August 11 1860 in Brookfield Ohio he moved to Marion as a child He married Anna M Johnson September 1 1882 at Roseville Illinois He worked 55 years for the Milwaukee railroad including three periods of service and retired July 1 1937 as chief clerk in the master mechanic office He was a member of Marion Christian church lodge No 6 A F and A M and the Modern Woodmen of America Surviving are his wife two daughters a grandson two granddaughters and a great granddaughter Services will be Thursday at 2 30 p m at the Yocom chapel burial in Cedar Memorial Park Friends may call at the chapel
MENTIONED IN THIS ARTICLE
Walter H. Applegate
Brookfield
Ohio
Marion
Roseville
Ill
Anna M. Johnson
Railroad
Yocom Chapel
Cedar Memorial Park
Council Defers Action On Parking Ordinance
Marion city council deferred the parallel parking ordinance after its third reading. The measure would set parallel parking on Seventh avenue from Ninth to Thirteenth streets. Several local residents and families are noted: Geraldine Young of Seventh Avenue received a home grocery permit. John Buntings’ appendectomy is mentioned. multiple trips and visits to Detroit and Des Moines are listed. June DeWees has enrolled at USC, Los Angeles, with travel planned to California. A church class meeting was postponed due to Walter Applegate’s death. other local movements and visits are summarized.
MENTIONED IN THIS ARTICLE
Marion
Seventh Avenue
Ninth
Thirteenth Streets
Geraldine Young
Christian Church Service
Cecil Albright
Walter H. Applegate
Weekend guests visit in Mason City tied to Vikdal family
Mr and Mrs. E. O. Clapper of Mason City were weekend guests of their niece Mrs. Elmer Vikdal while returning home from a tour of New England states and Canada. They planned to resume travel after the visit.
MENTIONED IN THIS ARTICLE
Edna
Karen Vikdal
John Vikdal
New Hampton
E. R. Drewelow
Elmer Vikdal
E. O. Clapper
Mason City
New England States
Canada
Ladd Family Reunion and Wedding Connect Iowa and Minnesota
The annual reunion of 91 year old W A Ladd and his children was held Monday with many relatives present including Edith Miller in residence with him. A wedding occurred Saturday as Olive Lane and Axel Kneeberg tied the knot at the Presbyterian church with local guests in attendance.
MENTIONED IN THIS ARTICLE
W A Ladd
Mr. Ladd
Edith Miller
A D Ladd
Canton
Edna Ladd
Charles City
Dexter Uhr
Omaha
Arthur Francis
Ames
F C Ladd
Ladysmith
Wis
O W _ Ladd
Alhambra
Calif
Mr Ladd
Sam
Chicago
Olive Lane
Axel Kneeberg
Minneapolis
Presbyterian Church
C V R. de Jong
J Dane
Cliff Armstrong
Roxanna Armstrong
Marton
Holiday visit for Anderson family in Marion
Mr and Mrs Conrad Anderson Jr of Iowa City and their son Anderson a medical student at the University of Iowa live holiday guests of his uncle and aunt Mr and Mrs E A Lagerquist at the Marion American Legion pool four at Pacey Jones hospital Battle.
MENTIONED IN THIS ARTICLE
Neil Bunting
Kenneth Winter
Streator
Marion American Legion
Pacey Jones Hospital
Battle
Conrad Anderson, Jr
Iowa City
E. A. Lagerquist
Anderson
University of Iowa
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Grable
Lamson Brothers
H. R. Mowrey
Merchants National Bank
C. R. Markets
Bud Ay
Timothy
Dow-Jones
Bennett & Co
W H. Jumpint
Adams Express
I Rayon Alaska
T&t Amn Can
Johns Manville
Amn
Power
Jones Laughlin
Amn Loco
Kennecott
Amn Roll Mills
Boonard
Pibby McNeil
Amn Steel Fdys Af Libbey Owens
Te & Tel
Ping Balt
Ann
Loews. Inc
Wat
McKesson
Amn Woolen
Marshall
Mayink
Atlantic Ris
Moline
Aviation Corp
Mont Ward
Baldwin
Motor Wheel
Balto & Ohio
Murray Corp
Barnsdall
Nash-Kelv
Bereays
Best Foods
Natl Dairy P
Beth Steel
Blaw Knox
Butler Bros
Penna RR
Penney
Ganada Dry
Philco
Phillips Pet
Proctor Gamble
Chiro de Pasco
Server_ Inc
Shell Union
Golumt Gah
Simmons Co
Sinclair Oil
Skelly Oil
Comw Edison
Socony
Gomw Southern
Cons Edison
Sou Railway
Vultee
Sperry Corp
Conti Motors
Std Steel S
Crane Co
Crucible Steel
Warner
Stdebaker
Curtiss Wr
Swift & Co
Deere & Co
Tex Corp
Tex Gulf
Ger Geer
Gen Foods
Uni Fruit
Ger Motors
Uni Gas
Gillett SR
Goebel Brewze U
Goodrich BF
Goodyear Tire
UW S
Steel Ag
Graham Paice
Woeiereen
Granby Cons
Walworth
Gt Nor Ore
Warner Bros
Gt. Nor Ry Pr
Wes Union
Greshoun
Westghouse el
Hayes Mf
Houd Hershey
Willys Ovid
Houston Oil
Wison & Co
Homestake
Woolworth
Howe Sound
Youngston
Hudson Mtrs
Omnesia RS
Admiral
Bate Corp
Thay Borg
Quaker
NEW YORK _D
Iowa
Waterloo
Ottumwa
Austin Mason
Mississilfi
Hastings
McGregor
Dubuque
Gordons Ferry
Davenport
Keokuk
Cedar River
C. RL
Willcox
State Dept
Doug
Will
Normandie
Broadway
Jack Lait
Dempsey
Louis Sobol
Copacabana
Margaret ‘O’brien
Leon
Eddie
Monte Proser
Marion News
Ette
Delphus Palmer
Carol
Elkader
Mrs. Palmer
Fred Hansel
W -O. Hulin
Marion High School
Hulin
Cedar Falls
Fourth Avenue
W. H. Applegate
Council
Donald L. Torrence
W J. Konigsmark
David
Detroit
Darwin Robertson
Robertson
Konigsmark
June DeWees
L. B. DeWees
University of Southern California At
Los Angeles
California
William Vahl
Marshalltown
Mrs. J . Bailie
Ricky
Mrs . Bailie
W. G. Neill
W A. Wright
Paralta
George Gillmore
Kenneth Gillmore
Ottosen
Ladd Reunion
Joseph Kacena
Battle Creek
Mich
Pvt
Edward Kacena
Kacena
Otlou
Third Ave
Higley
Brochu
W A Collings
New York Stock Exchange