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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 21, 1949
Page
1
US Department of Agriculture estimates Thursday receipts of 7 000 hogs 5 000 cattle and 2 000 sheep with prices slipping to 50 cents on lighter weights. Cattle and lamb values show uneven movement with hogs under 180 pounds trading around top prices near 20 85 per load, while sows soften and vealers hover around 25 to 34 dollars.
USDA cattle market report shows receipts 4200 with calves 100 and slow slaughter trade. Bid activity weak to lower, steady to high quality bids. heifers scarce, cows slow with few good beef cows. Stockers and feeders steady to peak. notable loads include 900 lb mixed steers and heifers at 28.25 and 1050 head of fresh western stockers. Prices list feeders 22 to 28, cutter cows 13.5, canners 11, stock steers 18.5 to 21 any.
Receipts Wednesday estimate 32 000 with 33 090 actual Tuesday. Coverage includes two packing plants in southern Minnesota and twelve in Iowa plus out-of-state stations. Barrow and gilt prices range from 15 25 to 19 65 for various weight classes with sows showing mixed gains and declines across weight bands.
USDA cattle receipts total 4 000 with calves salable 550. Early sales showed fed steers and fed heifers steady while high and choice steers faced light demand. Bulls weak to 50 cents lower. stocker and feeder classes slow. Cows steady to weak with two loads of good western cows at 16 50. Medium to good cows 14 25 to 16 00. Feeder and common cows 12 50 to 14 00. Canners 11 00 to 12 25.
A fragment listing hog and beef prices by weight and category. Prices range from 13.28 to 19.25 dollars with multiple weight brackets and terms like sows and boars noted in a butcher market listing.
Prices held steady with top hogs at 19.50 for prime butchers and 18.25 for packers at the Cedar Rapids plant. Cattle and calf sections list varying classes including steers from 14.00 to 28.00, cows 13.25 to 18.90, bulls 15.00 to 18.50, calves 19.00 to 28.00, and sheep lambs around 20 to 31.00 alongside wholesale fruit and grain notes and Hog Ottumwa figures at 19.25 for most weights.
The stock market rose from Tuesday's slump on Wednesday, posting fractional to about 2 point gains. Renewed optimism that a steel strike could be avoided was cited as the principal driver, with a turnover near 1.1 million shares.
Live poultry receipts reach 23 trucks with varied breeds and prices. Cheese entries show twins and singles with prices, butter receipts listed and market steady to lower. Eggs receipts 9 192 cases as market weakens with various grade prices. Potatoes arrivals and U S shipments noted with prices across several varieties and regions.
Wholesale butter prices hold steady amid receipts of 734000 pounds with creamery grades ranging from 63 to 59 cents per pound. Egg market shows steady tone with 19945 cases of 30 dozen. various egg sizes and colors quoted by wholesale per dozen. Cheese prices remain steady. notes mix of American whole milk and various cuts with tentative wholesale quotes. A stray line mentions Herbert Hoover as a Swiss descent president.
In Chicago, grain markets show mixed results as the two day downturn ends. Wheat and soybeans mostly rise on relief, while corn slides on September contract liquidation with trading ending Thursday. Prices move with currency devaluations affecting demand.
Kansas City cattle yard reports 5,000 receipts with 1,300 calves. Fed steers mostly steady, grass steers slightly lower, heifers little changed, cows scarce and buyers cautious. Bulls in steady to weak demand. killing slow. Prices ranged from around 30 to 30.50 for fed steers and 14.25 to 15.50 for medium beef cows.
Testimony closed Tuesday in the government’s 61 116 dollar tax case against Earl Rhine of Oelwein owner of the Oelwein Chemical Company. The government says the family acted as a non bona fide partnership and Rhine owed 287 842 22. Rhine testified he owned 80 percent of stock in 1944 with his wife and daughter holding 10 percent each. The firm dissolved the partnership in 1946 when it was incorporated. Judge Arnold gave 60 days for briefs. The chemical firm produces a stock feed supplement.
Mrs. Austa Morrison seventy of Painesville Ohio remained in satisfactory condition after a Tuesday collision on highway six near the west city limits. Also injured were F L Morrison seventy two of Painesville and Mrs L H Burton sixty eight of Bristolville. Each suffered bruises sprains and shock. They rode in a car driven by J Owen Morrison of Chatham New Jersey which struck a parked truck owned by Eugene Way Kalona Way sat in the truck but was uninjured.
Des Moines school board seeks 30 more days to study purchases of the burned Des Moines Coliseum site. Trustees of the Frederick M Hubbell estate weigh the plan for a new school administration building costing 295000 to replace crowded offices.
Governor William S. Beardsley signed a proclamation on Wednesday declaring the week of OA as National Employ the Physically Handicapped Week. The action highlights state recognition of efforts to include disabled workers and promote equal employment opportunities.
Marion local news summarizes the Farm Bureau women’s fall tea at the Marion Presbyterian basement with officers elected for South Marion Township, remarks by county chairman I E Perry, and entertainment by Adlai Stephenson readings and Elaine Klouda on accordion. Delegates named for Electa Circle at Burlington convention, plus reports from Cheerful Companions and Linnette 4-H. A new Marion police squad car replaces a year-old model in a related brief.
DES MOINES INS Two Edmundson Art Foundation trustees Forest Huttenlocher and J N Darling resigned from the center's board amid a year long feud over acquisition policy. Huttenlocher said he was asked to resign by the old Fine Arts Association. Darling would say nothing. Parker had quit previously over policy disputes with trustees.
Gov. Beardsley sent lawmakers a federal letter suggesting Iowa may qualify for 10 000 family housing units under a new federal law. An attorney general opinion says a state housing authority is required to access benefits, while a special session may not be needed. The governor also plans to attend the funeral of Civil War veteran James Martin of Sutherland at 102. He will speak at a Republican farm meeting in Sioux City Friday.
A quartet of four French Boy Scouts traveling the Marquette Joliet trail along the Mississippi River were entertained in Clinton on Wednesday. They plan to reach New Orleans by Christmas.
Sioux City AP Nye, associate editor of the Cedar Rapids Gazette and J C C national policy committee member, told Junior Chamber of Commerce members Wednesday that young men must lead with clear thinking, straight talk and fair play to keep America sound and true to its principles.
Classified page details multi day want ad rates and a large Lost and Found section including glasses at Roosevelt Hotel and various items with rewards. Also includes personal notices and a brief thank you message for Earl M. Stahle's family listing relatives and funeral acknowledgments.
The Waterloo board of education sold five million dollars in bonds at auction on Tuesday. The winning bid was 4 percent interest with a 38 thousand dollar premium, after two merged bidders from First National Bank of Chicago and a Northern Trust Company group. Sealed bids included J P Morgan and Company. Proceeds fund construction of a senior high, two elementary, and two junior high schools. bonds mature over 20 years with total interest cost of 943,750 dollars.
Harold Hanson, 59, of Grinnell, was hit by a .22 caliber bullet while working on grain storage bin construction east of Tama. He returned to work after treatment at the Tama clinic. Sheriff Kern said the likely cause was a stray bullet from nearby squirrel hunters.
A dense page of classified items and ads shows rummage sales at addresses like 718 4th Ave SE and 1030 7th St SE, local shops offering leather goods, fur repairs, and rug cleaning, plus entertainment ads for The Yardley Trio and various dances. Services include chimney repairs, septic tank pumping, fencing, and trash hauling.
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