Hogs Slide on Friday Market Estimates
Live hogs fell to new summer lows as Friday receipts rose and wholesale pork prices remained weak. Cattle showed uneven movement from steady to a dollar lower while sheep eased slightly.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 04, 1952
Page
1
Live hogs fell to new summer lows as Friday receipts rose and wholesale pork prices remained weak. Cattle showed uneven movement from steady to a dollar lower while sheep eased slightly.
Hogs receipts 11 000 slow and uneven with prices mostly down 50c. top loads 210 260 lb around 20.35. lights 160 190 lb 18.50 20.00. Cattle receipts 3 500 dull market. steers 1150 lb and down around steady. other grades 50c lower. cows and bulls weaker. Sheep receipts 1 500 steady to weak. top lambs 28.50. bulk 27.00 28.25. old crop lambs and yearlings steady. slaughter hogs weak to 25c lower.
Receipts of 4,500 cattle with calves 250. Average and prime fed steers and heifers steady with some strength for light steers under 1,200 pounds. Beef grades mostly lower. Bulls firm and dealers steady. High choice and prime around 1,150 pounds at 34.50. bulk fed steers 31.50. commercial to low choice steers and heifers 25.90 to 31.00. Heifers to 33.25. most good and choice heifers 28.00 to 32.00. Utility cows 15.50 to 17.00. some high utility and commercial 17.50 to 19.00. Commercial bulls 23.00. some 23.00 to 28.00 for heavier bulls.
Cattle trade remained firm for high quality slaughter steers while calves and heifers were mostly slow. Prices showed 1 125 lb fed steers around $3490 to $934.25 per head, commercial and good steer ranges $2500 to $730.00, and good to prime yearlings around $34.25 per cwt.
An itemized market listing shows native wool and heavy hens with varied prices, lamb and ewe quality tiers with per hundred weight ranges, wholesale fruits and vegetables including cantaloupes oranges and lettuce, grain prices for oats wheat and soybeans, field grass seed values, hay and straw rates, and Kansas City livestock receipts with price levels for yearling steers heifers cows and vealers.
In New York stocks closed with a mixed but mostly lower tone amid light trading of about 1.1 million shares. The session showed a broad spread of gains and losses as investors weighed available data.
Chicago market shows steady to firm live poultry with colored and white rocks at 28 to 31 cents per pound and greys 29 cents. Cheese and eggs list varied prices, with egg receipt totals and mixed dairy scores noted. New York reports irregular butter and eggs markets with price ranges for various grades.
Chicago AP report notes grain prices drift lower with modest hedging and weak demand. Wheat fell about 38 to 58 cents, corn 14 to 33 cents, oats 84 to 137 cents, rye steady to down 34 cents, soybeans down to 4 percent, with lard easing to about 10.52.
Prices for WHEAT No 2 red through No 5 range from 1.75 to 1.81 per bushel with sample grades 1.77 and 1.5891.77. OATS No 1 white 90 2c No 3 heavy white 92 2c with sample heavy white 89 2c. BARLEY nominal making 1.35 1.81 and feed 1.10 1.50. SOYBEANS none.
Waterloo market reports hog prices with prices listed for weight classes from under 100 pounds to 550 pounds. The list includes butchers, sows, and feeder hogs with prices ranging roughly from 14.50 to 19.75 per hundredweight.
Des Moines reports Thursday hog receipts estimated at 35 000, down from 43 000 a week ago and 41 000 a year ago, with 49 500 receipts on Wednesday. Markets show mostly lower prices across weights, with top boars and sows in the mid to high teens. layer details list price ranges for 160 to 550 pound hogs and various weight classes.
Ambar Grotto plans a Friday 6 15 p m picnic supper in the K P hall. Beauceant meets Friday noon with luncheon at the Masonic temple. St Joseph chicken and ham supper Sunday Sept 7 at 4 p m in Prairieburg Indiana tickets at several shops. Correction fixes Dale Milard address to 401 Eighth St SE and Sacramento as permanent. Cedar Rebekah lodge 494 hosts a family picnic Sunday at 1 p m Bever park pavilion with covered dish. Ira L Stanley fined 100 for reckless driving after crash on C street SW near Prairie creek bridge. John Hendricks treated for self inflicted wrist wound at Mercy hospital. Mrs S O Annutt returns home.
Pvt. Valentine Hemphill 25 died at the U S naval hospital in San Diego after a short illness while serving in the marines. He entered service April 22 after working in Cedar Rapids. Survived by mother and stepfather, three sisters, three half sisters, two half brothers. Funeral arrangements by Satchett Murdoch Center Point with services at No 1 Free Methodist Church near Toddville.
The Iowa Good Roads Association reports 1952 was a better year for road building but the 1953 outlook is discouraging without more revenue. Contractors may be on schedule if fall rains are normal, while primary funds are nearly exhausted and toll roads look unlikely.
Sept C B Vernon reports total public school enrollment at 1,345 with 709 in lower grades. High school freshman 128, sophomores 113, juniors 102, seniors 90. Junior high seventh grade 100 and eighth grade 103.
Coty perfume lineup highlighted with seven famous scents offered at a special price of two dollars each. Sorg Drug promotes the limited time deal to attract customers seeking popular fragrances.
Mrs Gallagher and her daughter Mrs Collins of Marion and Mrs Collins of Cedar Rapids returned Tuesday evening from Chicago after two days with Apprentice Seaman M P Collins Jr stationed at the Great Lakes.
Closing out sale offering 10 percent off groceries except coffee. No deliveries or phone orders. Fixtures and shelving also for sale. Culberts Food Market.
To Milwaukee Miss Bess Boyles will leave Friday for Milwaukee where she is a teacher in the Milwaukee university school. Miss Boyles spent the summer in Marion with her aunt Mrs. Frank S Skinner. Reversible Jackets for coal. Get yours now at Adkins.
Dinner guests Wednesday of Mr. and Mrs. J. W. Bowdish were Mr. and Mrs. Platte Bowdish of Springville.
Dilwin Hampton of northeast of Marion buys the residence of Mr and Mrs Boyd McFadden on Whittier and will take possession November 1. The sale was arranged through Brockman and McGowan.
Mrs James A Pringle will travel to Batavia Illinois Friday to join a family reunion at the home of her sister Mrs Anthony Dietz.
Harlan Johnson succeeds Harry Snell as freight clerk for the Milwaukee railroad at the Marion depot.
Leave for California as Mr and Mrs Joe Stark and children Dennis and Christy depart from Marion after visiting Mrs Stark s parents the Roland Fowlers and her grandmother Mrs Laura Fowler of Marion and Mr Stark s father Joseph Stark of Cedar Rapids Modern Curl Beauty Shop announces new location 871 10th st Leona Hess Adv Mr and Mrs Verne Pratt with relatives Glenn Pratt and family travel from Red Bluff California to Bayfield Wis and Wisconsin Dells during their trip
Mr and Mrs Robert Lary of Fort Wayne Indiana with their children Steven and Susan visit their parents W W Lary and F S Fairley. Mr and Mrs I J Chapin of Chicago stay with Chapin’s sister Mrs J L Roberts.
Paul Wright, director of instrumental music, reports vacancies and variances in the Marion school band. Parents and students may call or see Mr. Wright this week. A beginners class starts next week and enrollment remains open. The school offers a few instruments and a trial rental plan for new students.
Albert W. Siemke of 630% Tenth Street is recovering from a major dental procedure performed Wednesday. A cyst was removed from his jaw bone during the operation.
The Marion Methodist church will resume its regular schedule next Sunday with Sunday school at 9 45 a.m. and morning worship at 11 a.m.
Mrs. Charles E Barkwill has returned from Santa Fe New Mexico where she visited her son in law and daughter Mr and Mrs Louis Rivera and their daughter Another daughter Mrs D W Gardner of Cedar Rapids who accompanied her South
City Clerk Neva Fuller announces building permits for two new Marion residences. Robert Beiber plans an East Twelfth Avenue home at $8,000 and Albert J. Krizek an $5,000 dwelling on Twenty-fifth Street. Additional permits include porch repair, remodels, re-roofs and additions ranging from $125 to $1,500 with owners Bruce Durgin Abernathy O Kelley Branneman and others.
Mrs Minnie Timson has gone to Lamar and Independence Missouri to visit relatives.
Mr and Mrs Bruce Benson of Chicago visit his brother James Benson and their children are described as decent guests during the stay.
The Past Noble Grands Association will meet Friday afternoon with Mrs. Anna Detlefsen at 230 Eleventh Street. On the hostess committee are Mrs. Clara Tilton Mrs. Myrtle Fairley and Mrs. Marian Lorrenz. Pleasant Grove Picnic Set Sunday at John Fillmore Cabin Near Troy Mills.
Hugh Hutton has traveled to the Veterans hospital in Des Moines for a routine medical checkup.
Francis D. Whiting of Cedar Rapids appeared in Mayor M. H. Biddick's court charged with speeding. He was fined $15.
Glenn Suits of Marion charged with intoxication fined 25 dollars with 2.85 costs. Richard Farmer of Marion forfeited 5 dollar bond for double parking. Royce Dale Leggett of Tipton forfeited 15 dollar bond for speeding. Paul F. Wageron of Onslow fined 10 dollars for speeding. Wallace Luedtke of Marion fined 2 dollars for stop sign violation with 1.50 costs.
Entertained Wednesday evening at 725 Central avenue the Kemp home hosted a shower for Mrs. Robert Bebee and her son Robert LeRoy Guests included former coworkers from the R E A office and relatives Refreshments were served to 11 attendees.
The Birthday Club will meet at the home of Mr. and Mrs. Andrew P Munsen tonight after a Dutch treat dinner to celebrate Mrs Munsen's birthday.
An Oelwein mother and her two month old son were seriously injured in a two car collision on highway 150 south of Oelwein. Mrs Roy Brockmeyer 22 and her son Steven suffered possible internal injuries and a fractured skull respectively after the Brockmeyer car rammed into Burt Moore 18 of Oelwein who was entering the highway from a county road. Brockmeyer four children and a neighbor youth escaped injury along with Moore.
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