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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 29, 1932
Page
12
Cash hogs fall across regions with Chicago and East Buffalo down 10 to 25 cents while top prices hover near 4.70. Cattle prices ease with Chicago steady only for select grades and other centers showing lower bids. Sheep stay steadier with lambs firm in Chicago and gains noted in East Buffalo.
The Chicago livestock market shows uneven demand with steer bids near 9.25 to 9.75 per cwt for loads, and most crop offerings down about 25 cents. Slaughter cattle, vealers, and western crossers vary, with steers 600-900 lbs mostly at 7.00 to 9.50, and vealers steady to weaker amid broad price ranges across weight classes.
The report shows mixed livestock prices and steady to weak trends for early sales. Receipts totaled 27,000 with western-fed cattle dominant, steers and yearlings steady to higher, heifers steady, bulls and vealers steady, and feeders slow. Lambs and sheep range noting steady start with mixed prices across grades.
Sioux City AP reports cattle receipts near 5,000 with fat steers and yearlings scarce and largely steady. Prices show choice cattle around 8.75 and grass-fed types down to 6.50, cows 2.00 to 3.00, and stockers 4.00 to 6.75 with slow sales and scattered odd lots. Sheep receipts about 2,060 with sales in a good range near 5.00 and no top grades available. natives and selected lots seen in early trade.
Des Moines AP notes combined week through 8 a.m. Monday shows 42?000 head, up from 28,700 a week ago and 27,900 a year ago. Quotations for hogs mostly 10-20 cents lower as demand slows. Prices listed by weight class range from 140-160 lb hogs at 3.25 to 4.00 dollars up to heavy weights 296-250 lb at 3.25 to 3.65 dollars and sows at 2.60 to 3.00 dollars.
Market reports list Mason City lights 180 lbs at 4.00 and 240 lb pork at 3.60 as top quotes. Ottumwa ranges include 160-180 lbs at 2.76 and 350 lbs hogs around 2.45 to 3.05, with Des Moines noting 146-170 lbs at 3.50 to 3.75 and larger weights down to 2.95.
Market commentary notes closed: refrigerator standards set for Oct 18. Futures for fresh standards at 19 cents, storage standards scheduled for Nov 19. Includes Moh, Nace, and Mn references with focus on product futures and pricing shifts.
Flour prices in Minneapolis show carload lot costs at 4.40 to 4.50 a barrel for nine eighths cotton spinners and standard middlings listed between 9.00 and 9.50 per unit. Prices reflect varying market segments and packaging.
Hog prices weakened on the local market with all grades down 20 cents. The top price fell to 3.65 dollars, reflecting a broad decline across classifications.
Prime hog prices listed by weight range from 180 to 340 pounds with values between 3.65 and 3.20 dollars. Pack hogs up to 550 pounds, with several line items indicating price points around 2.60 to 2.80. Calf market and weight classes noted with lighter and heavier classifications.
A Cedar Rapids market notice lists grain prices and farm produce. No. 2 yellow corn at 24c, No. 3 yellow at 23c, choice base on price 60 for one-six, wild hay 87, heavy hens 10 12c, colored springs 4 lbs up 13 14c, Leghorn springs 10 1ic, eggs cream 18c, Valencia fruit price range 3.50 to 5.00, batch of bate toes 8.00.
Bullish sentiment drives grain prices up with wheat, corn, oats and rye showing fractional gains at the close. Provisions steady as futures recover from early losses and cash markets hold. receipts noted at 33, 303, and 63 cars with some export activity in Manitoba.
Chicago cash grain prices show mixed bids with Wheat at No 2 red around 55 cents and Corn figures around 32 to 33 1/2 cents for various grades. Lard quotes near 8.10, with hog cuts ribs and bellies listed at 6.75.
Telegraph style commodity brief showing cash and futures quotes for corn and oats, with No 1 and No 3 grades, protein percentages and arrival notes. Mentions Wisconsin North Dakota Montana durum amber and red seeds with December and May price points.
Report on New York produce trading with unsettled receipts and higher creamery prices. Listings cover butter scores and rates for various packed products, rehandled receipts, mixed colors, special packs, and refrigerator specials. Poultry and fowl prices show firm or slow quotations with specific weights and grades noted.
Live poultry receipts 15 trucks with steady price quotes for hens Leghorn hens colored varieties fryers and roosters. Butter arrivals 11 134 steady with creamery specials and various grade prices. Eggs receipts 12 with steady to higher prices for extra firsts and graded firsts. current receipts 13 loaded on track 227. Wisconsin whites and russets appear in trade. overall liberal supplies and steady to cautious demand.
A partial list shows exchange rates for several countries. Great Britain at 44, France 13.87 percent, Italy 346 percent, Germany 23.78, Holland 40.23, Norway 17.38, Sweden 17.81, Denmark 17.74, Switzerland 39 percent, Spain 8.04, Greece 11.30, Czechoslovakia 86, Austria 4.9, Monti 3.08, with several figures garbled in the scan.
Wall Street opened firm with profit taking and new buying balancing. Copper stocks advanced briefly with American Smelting near a 1932 high before trimming gains. General Electric rose, U S Steel American Can and American Telephone rose then faded. Union Pacific fell, International Harvester and Dupont slipped. About 3,800,000 shares changed hands.
Stocks edged up amid renewed demand in copper and utilities with American Smelting and Anaconda reaching 1932 highs. Westinghouse posted a new yearly peak while unions like Union Pacific saw losses. rails showed heaviness as analysts awaited Pennsylvania and New York Central reports for clues on merchandise movement.
A scanned list shows buy and sell quotations from Adams Express He Hupp Motors and numerous industrials and utilities. The sheet includes percent changes for Arco Alaska Jun Allied Chem Air Reduction and many other corporations with prices and percentage shifts.
Robert R. Bunten was held up by two bandits who stopped his car early Monday morning and took all his money. His entire wealth was seven cents.
Depositors of the closed Kenwood Savings bank may pick up their second dividend checks between 1 p.m. Tuesday and 4 p.m. Friday. The 15 percent dividend is approved by O. F. Fryer, examiner-in charge for the state banking department.
Mrs. Mary L. Hrdliska wife of Joseph A Hrdliska of North Liberty died at her daughter s Oasis home on Aug 22 at age 72 Born Mary L Brown Jan 6 1860 in Blairs town Iowa She lived near Amana colonies as a child later moved to Iowa county Marengo and Belle Plaine She married John E Brown in 1882 had son Herbert C Brown widowed 1887 remarried Joseph A Hrdliska in 1892 They lived near Tiffin and Marengo before settling near North Liberty later years in Cedar Rapids Two daughters Florence Ed Kadera Oasis and Mary Brown Iowa City a son Herbert C Brown Edgewater Wisconsin 16 grandchildren sister Mrs W L Allen Belle Plaine brother Joseph D Brown Wellington Kan funeral Aug 25 English Lutheran North Liberty Rev H F Martin Rev Keifer burial Belle Plaine cemetery 4 pm grave services Star of Maine Rebekah Lodge pallbearers list attendees noted
Pickets massed on Vandalia road and highway 60 halted milk trucks near Des Moines area. Seven trucks blocked at Four-Mile Creek bridge on highway 63, deputies and farmers clashed as crews attempted to pass. Across region, farmers halted hog trucks near South Sioux City while plans to raise milk prices sparked talks in Clinton.
Allan S Dunn of 1867 E avenue NE is summoned to Fairfield after the death of his brother Irving Dunn manager of the Dexter Washing Machine company who died Sunday morning in a Fairfield hospital. Dunn was known in Cedar Rapids for business and visited the city often.
City councilors consider lightning rods for City Hall after a second lightning strike. Custodian Jim Clark found damage on the memorial building roof last weekend, a western tower cenotaph block loosened and stone hurled to the parapet. Repairs began Monday, following a $200 set in two years ago.
Centerville police said 25 year old Mike Kopatich was near death in a hospital after a head injury from a wild pitch during a Centerville versus Mystic game. The pitch by Howard Fuller of Mystic struck Kopatich at bat on Sunday.
Florence Kent Ferman of Cedar Rapids and Paul J. Frank of Grinnell Lester J Binko and Lillian Bezdek of Linn County filed licenses.
Moving slowly yet with force, farmers strike tightens blockade into Nebraska. Picket lines around Council Bluffs control Iowa entry to Omaha market as hog receipts drop to 3,800 by truck and remaining routes face closing by Monday night. Local officials report light hog arrivals at the Omaha stockyards, signaling impact of the blockade.
The Quality Milk association orders members to deliver all surplus milk to a Davenport creamery after failed arbitration with dealers. The move follows meetings where dealers would not recognize producer merchandising rights in the Quad-city area.
Milo Reno, national president of the Farmers' Holiday association, acknowledged receipt of a telegram from Sen. Smith W. Brookhart noting the strike is creating a deep national impression. The message said the dairy farmers in the east feel strongly and extending the movement nationwide could aid legislation and possibly trigger an extra session of Congress.
A Chrysler sedan owned by A. B. Toomey of 112 Sixth Street SW was stolen from a parking place near Union Station Saturday night. License 57 13557. A Buick coupe owned by the Collings Mortgage Co. and registered to M. H. Collins of 541 Fairview Drive was reported stolen on Second Avenue Sunday.
The New York bond market began the week cautiously with speculative issues showing hesitancy. Rail and utility sectors moved in mixed patterns as several large agencies and rail lines adjusted points amid general quieter trade.
The Grant's Tomb wall was smeared with four red letters forming a couplet. Custodian George D. Burnside called it the most dastardly occurrence as crews failed to remove the graffiti fully.
The sixteenth annual Martin reunion was held at Mrs. Robert Martin’s home near Marion with sixty five relatives and four visitors. Richard Martin died and two births were noted Marilyn Lois Turnipseed and a son for Paul and Landis. The gathering included performances by Norma Heald and others and ended with plans to meet again at Mrs. Robert Martin’s home. Auction and local notices follow.
The Mason family gathering occurred at Thomas Park on Saturday with thirty attending the roll call. After a picnic, letters from Dr W C Mason Hopkinton Mrs Mastin Greenfield Ia Mr and Mrs Joel Varley St Louis Mo and Edgar Mann Sioux City were read. Officers elected included President Joe Napier first vice president Mrs George Emmons second vice president Mrs Oscar Busenbark and treasurer Frances Hildebrand.
A large crowd attended the Marion Nature and Garden club exhibit in the former Patten Hardware building on Saturday. Mrs. Rundquist and Mr. Sheets showcased top gladiolus bouquets while Mrs. Taylor Berry and Mrs. Sconn led prize dahlias. Mrs. Skinner and Mrs. Brown presented many varieties and mixed bouquets. Committee leaders included Mrs. Rundquist, Ruth Booze, Mrs. ap Reiter, Mrs. Saunders and Clyde Derflin.
Mark L. Young and Mr and Mrs Kay depart Sunday for Princeton Newfoundland where they join a musical review. They plan to travel south later to broadcast on a radio station in the fall. Mr Kay is a blues singer and all three perform on the Hawaiian guitar.
The Barnsdall corporation acquired the remaining 50 percent stake in Mona-Motor Oil Co of Council Bluffs in a share for share swap. Barnsdall had held half the company since 1930, and the purchase consolidates ownership.
Relatives of Elsa Jones, accused of killing Thomas Allen, ask that Jones be tried for insanity. Seven state experts have deemed Jones permanently insane after tests in Des Moines. Jones’ trial is scheduled for Tuesday.
Osceola memorial services set for Wednesday for O. H. Dunn 41 vice and general manager of the Dexter Manufacturing Co Fairfield. He died Sunday after an appendicitis operation.
The Gazette announces a want ad feature titled Good Things to Eat highlighting grapes for sale or purchase. Readers are invited to browse listings and place orders or bids through the newspaper's classified section.
The Kulsamachick Camp Fire group will meet Tuesday at 2 p.m. at the library.
Miss Geraldine Brenneman returns home after weekend stay at Coggin home of Misses Helen and Gladys Pillard.
Mr and Mrs Charles Landis and daughter Patty Lou visit Des Moines to see relatives and attend the state fair. Marion high school juniors are to register Tuesday and Wednesday.
Lawrence Gordon Dale Smith and Bob Widger join junior singles while Park Randall competes in the men s singles as the Cedar Rapids city tennis tournament continues.
Miss Virginia Bardwell entertained the Entre Nous and Friday Bridge clubs at a luncheon hosted by Mrs. Ives. Afterward, bridge games were played at the home of Mrs. E. E. Parsons.
Mr. and Mrs. H. M. Kyle marked their twenty first wedding anniversary with a Sunday dinner hosting guests including Mr. and Mrs. O. L. Brown and family, Mrs. R. E. Kinney, Mrs. M. Neilson of Marion, and Mr. and Mrs. Eugene Alleman with Barbara and John from LaGrange, Illinois. Cov ers were laid for fourteen.
Mrs. O L Brown spends Tuesday and Wednesday at the cottage of Mr and Mrs Eugene Alleman who have been at the Palisades for a week. Mr and Mrs Alleman will return to Marion Tuesday and depart for their home in La Grange Illinois Wednesday.
The catechism class of St Pauls Evangelical Lutheran church will meet at 7 30 p m at the church.
Mr and Mrs Hugo Peterson and Mr and Mrs Leslie Blocker of DeWitt visited Mr and Mrs Carl Fernow near Marion on Saturday.
The A Square W Square Four-H club gathered Friday near Marion at Ada Fernow's home. Mrs. Harold Scott led a demonstration on making French knots. The treasurer reported for last year. Twelve members and a few visitors attended refreshments. The next meeting will be at Arlyne Graham's home.
Don Rundquist Dale Peterson and Freddie Katz returned Monday from Chicago after spending time with Mrs Pektow Miss Ruth Katz who visited eight weeks in Chicago and Wisconsin accompanied them.
Marion lodge No. 6 A F and A M will hold a group meeting Monday night at 7 30 with the Blazing creme circle at the Masonic temple.
A large crowd gathered Sunday for a concert at the American Legion swimming pool featuring consolidated bands from Mount Vernon and Mechanicsville. Community excitement and local attendence highlighted the event.
The card party planned for Tuesday afternoon at the Marion Country Club has been postponed for one week.
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