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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 29, 1948
Page
20
USDA estimates Thursday hog receipts at 8,000 head with 4,000 cattle and 3,000 sheep. In Chicago, hog prices slipped up to $1 for some sow sales while cattle showed mixed movement and sheep fell up to 35 cents or more. Grain quotations from Chicago accompany the market report.
Chicago livestock market reports show receipts 6,500 calves 500 steers and heifers steady to 50 cents higher on good to choice beef cattle with some softer demand for medium and poor grades. Cows and bulls mixed with canners and cutters around 15 to 23 dollars, stockers and feeders improving. Sheep receipts 4,000 with Western spring lambs about 25 to 26 dollars and Wash ington spring lambs around 25.65, with mostly good to choice lambs and slaughter cows about 10.75.
Omaha market totals show 4000 hog receipts with moderate activity. Barrows and gilts uneven, sows down up to 1.00, top hogs near 28.25 for 180-300 lb and varied weights up to 28.00. Cattle receipts 4000 with calves 300, fed cattle steady to strong at 37.50 to 40.00 for select steers, cows largely steady, stockers slow. Sheep 8500 receipts with lambs about 26.00 to 26.50 for good western fat lambs, ewes higher, feeding lambs 22.50 to 23.75, breeding ewes 13.00.
Iowa hog receipts for Wednesday totaled about 26 000, down from 28 500 last week and 32 500 a year ago. Tuesday actuals were 32 500 as unloading at two southern plants and 12 Iowa facilities plus some out of state sites slowed. Prices fell about 50 cents across weights and grades, with some 75 cents to $1 declines noted for heavier lots.
Prices on the Cedar Rapids hog market fell a half dollar on Wednesday. Top prices for prime butchers reached 27.25 dollars, packers 25.75, with varied weights assigned to good butchers and packers across multiple weight classes. Also listed are cattle sheep goats hogs hides and assorted produce and grain market figures with wholesale fruit and vegetable prices and calf and lamb rates.
In New York on Wednesday the stock market rose to higher ground amid restrained trading. Volume moved around 800000 shares as rails and oils led, followed by steels and motors. rubber advanced modestly, while utilities and airlines stayed mixed.
Sioux City live cattle receipts 2,600 calves 100 and mixed cattle. Slaughter steers and heifers steady to slow with bids uneven. mixed feeders limited sales near steady after sharp weekly decline. Hog receipts 2,700 with erratic market. butchers steady to 25 cents lower. prices for various weight ranges listed. Sheep receipts 2,000 with buyers lower on slaughter lambs and feeding lambs. ranges for lambs and yearlings cited.
Chicago market notes steady tone across poultry dairy vegetables and potatoes. Poultry tracks show young tom turkeys and cheese prices with varied scores and weight categories. Eggs receipts and price bands listed. Potatoes arrivals and regional varieties with price ranges and moderate supplies.
New York market notes butter scores 93 and 92 with small gains and 90 and 89 priced higher. Eggs show little change with mixed fancy weights and extra large items listed. Receipts total 939,767 with prices steady across categories.
Gene Derricotte Michigan key lefthalfback likely out of next Saturdays game against Oregon after pulling a leg muscle against Michigan State. Doctors said recovery would not be in time for the tilt. Coach Bennie Oosterbaan assigned backs Chuck Ortmann and Walt Teninga to quarterbacks Dick Rifenberg and Harry S. in practice.
In Waterbury AP report Attorney A Henry Weisman defended a client charged with enness saying the man celebrated Cleveland's pennant win over Chicago in the American league race Tuesday night He described himself as a Cleveland fan and a Yankee supporter Judge Charles R Summa imposed a ten dollar fine
New York report states the Brooklyn Dodgers asked waivers for Pepper Martin a 42 year old former St. Louis Cardinal baseball star after a leg injury. Martin joined the Dodgers this season as a place kicking specialist.
Chicago AP reports grain futures holding a tight range as wheat futures dip on lower government flour sales. Corn slips early due to weak cash markets but recovers near close while soybean prices hold steady to firm. December wheat at 2.2434, corn around 1.38 to 1.39, soybeans about 2.41, oats steady, rye down slightly.
Prices listed for corn oats soybeans and forages show bid ranges per cwt with names like No 3 red No 2 yellow and sample grades. Market notes include sweet clover redtop timothy and soybeans with figures around 2.37 for No 1 yellow per bushel and related values.
USDA cattle receipts 5 000 with calves 900. Slaughter steers and heifers mostly steady. Good fed steers 29 34 dollars per hundred weight. Medium to low good short fed 24 50 to 29 00. Grass cattle 19 to 25. Stockers and feeders steady to weak with steers 23 to 27.
The market gained a new lease on life Wednesday with railroad loans advancing up to three points. Demand centered on rail road issues and most substantial gains, one point or more, went to favored bonds.
River stage updates show Hastings, Prairie du Chien, Dubuque and others with limited changes. Notable readings include Prairie du Chien at 5.8 feet and Dubuque at 68 feet with no change noted.
Cleveland manager Lou Boudreau says the Indians need four wins to clinch the pennant and reach the World Series. He praises pitching staff led by Bob Feller and Gene Bearden, notes strong hitting and morale, and expects no jitters with only a few games left.
Cleveland officials faced 1,020,000 ticket requests for the World Series and planned to offer standing room ducats and reserved bleacher seats to accommodate more fans. Tribe president Bill Veeck said 80,000 to 85,000 could see each game, far above Yankee Stadium’s 74,065 record.
The 1948 establishment of the Oregon territory encompassed present day Oregon Washington Idaho and parts of Montana. The description notes the territorial extent at that time and the included regions.
Dr. R A Hender is elected president of the Marion Parent Teacher Association at a Lincoln school auditorium meeting Tuesday night attended by more than 100 parents and teachers. Officers include Mrs George Hanry vice president Mrs Carl Foster secretary and Mrs George Bright treasurer. Installing officer was Mrs Arthur Norman of Cedar Rapids. The association has 93 charter members and will meet the second Thursday monthly with dues set at 50 cents per member.
An explanation of the new curriculum to start Sunday will be given at the church par com Thursday afternoon. W. E. Failor is the superintendent. Five girls and guardians hiked to Granger's pasture Tuesday evening for a cookout with Mrs. Frank Clark and Mrs. Norman Waffle as guardians. A birthday cake honored Hilda Schneider Dorothy Kroening and Priscilla Tanner. Thomas Costello is seriously ill at 500 Thirteenth Street.
John Gillam of Marshalltown was elected president of the Iowa Retail Jewelry Association at the convention closing session. W. Herteen of Iowa City was joint vice-president.
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