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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 17, 1932
Page
19
The market reports a strong comeback for hog prices driven by cold conditions and limited supplies. Chicago bids rose with mixed results elsewhere. cattle markets stayed quiet as buyers held off and many lots carried over to next week.
Traders note varied activity with cattle futures and grain markers, while livestock receipts and feeder demand show fluctuating pressure. Prices for feed, fuel, and farm commodities shift as markets respond to signals from producers and consumers alike.
Weakness in foreign markets sent grain prices lower at the Chicago Board of Trade. May and July contracts showed declines as export demand faltered and competition from Argentina and Taraiso pressured the market. Cash prices held largely steady amid a cautious, dull session with limited trading.
A crowded OCR style listing shows grain movement figures and assorted animal furs with prices. Items include corn prices, wheat, oats, oats, and assorted pelts such as mink coon opossum and other hides with quoted values.
Prices moved narrowly around earlier lows in late trading on the New York Stock Exchange. Major shares mostly fell with United States Steel preferred down over two points and common steel shares slipping about one. Canadian Pacific edged higher. Transfers totaled about 900000 shares as steel and metals faced pressure amid uncertain dividend outlooks and a sluggish market.
The AP reports a cautious bond market in New York with mild price rallies and limited activity in senior securities amid a subdued war debt outlook. Foreign issues showed limited gains as Germans led the foreign group while U S government bonds remained around prior levels with some utility issues staying firm.
Hog prices edge higher on the local market with all grades up a nickel. Top price reaches 2.45 per pound for choice hogs in the 140 to 120 pounds range. Calf market and sheep prices listed with varying weights and quality notes.
The article reports that Princess Elizabeth’s playhouse in Windsor Great Park has been fitted with water and electricity. The gift from the people of Wales stands on the Royal Lodge grounds as the future king and queen’s country home. She invites her mother to tea there.
Winter's icy grip hits Chicago and Milwaukee as temperatures drop to near zero with deaths and fires. Five below reads in places as crews battle blazes and rescue homeless, while ships face hazardous Great Lakes ice. relief expected in parts though winter remains harsh.
John Burianek Jr president of Peoples Savings Bank is reported in fair condition at Mercy hospital after an ambulance transfer from St Mary's hospital in Rochester Minnesota He had been at St Mary's since October 20 Visitors not permitted for a few days and then only with physician consent
President Hoover planned a Christmas vacation in Florida likely for at least a week with travel by boat and automobile. Remaining uncertainty about congressional adjournment or any crisis could delay a final decision.
Reports from Columbia Des Moines and Chicago note plummeting temperatures. University of Missouri students wear layered clothing while a preacher’s wedding is interrupted by a mistaken kidnapping call. A Kansas City policeman bars skating after a fall through ice.
In Kearney Nebraska petitions urged creation of a state quail farm and bird refuge in central Nebraska. When signed by a representative number of citizens they will go to Governor Charles W Bryan. An earlier eastern Nebraska petition gathered signatures from about 20 000 people.
A legislative committee urged abolishing the Budget Director and transferring duties to another department. It suggested merging the securities department with the board of assessment and review, praised the fish and game commission, and proposed cutting official newspapers to two per county, halving legal notice publication frequency, and reducing delinquent tax sale notice costs.
John Rinella, 30, a suburban roadhouse owner, was killed by machine gun fire after an argument over dealings with a new liquor syndicate opposing remnants of Al Capone's gang. Witness Miss Marie Flack described two gunmen, ages 28 to 30, fleeing in a limousine after the slaying.
Buenos Aires reports 87 year old Hipolito Irigoyen, twice president, arrested for alleged plot to overthrow President Agustin Justo. Marcelo Alvear, former president before Irigoyen, also taken. Irigoyen had been released in January from Martin Garcia Island where he was imprisoned after the 1930 overthrow.
Mrs. Gerald Yetter of Gardiner Montana dies Sunday in Livingston hospital. Funeral services set for Saturday at 2 pm at St Johns Episcopal with Rev C F Edwards officiating. Burial at Oak Hill Cemetery with pallbearers Edward Soboda Jr Richard Killian Robert C Davis Farl Muzzy Fred Fisher John Drabelle.
Milwaukee’s Johnston emergency hospital once housed many of the city’s tragic events and notable visitors. Over its 37 years it treated figures from Theodore Roosevelt to Victor Berger and cared for fire victims before closing after its sale for 20 dollars. The final patient was Bentsey Redford, 21, treated for bronchitis.
In Minnesota, the state supreme court ruled in favor of Mrs. Inga Pankonin granting $1,000 from Federal Life Insurance after her husband Charles was killed by a horse. The court called the horse “a piece of farm machinery,” denoting him no longer an individual.
In Geneva Japan threatens to quit the League of Nations unless the conciliatory draft on the Manchurian dispute is altered. Yusuke Matsuoka and aides pressed for changes while protests focused on the non recognition of Manchukuo. Chinese observers call the resolution weak as crisis looms amid Tokyo’s hard line.
Washington AP reports 1950s crop totals by state from the Department of Agriculture. Iowa leads corn with 539,672,000 bushels, followed by Minnesota 176,916,000 and Illinois 387,013,000. other grains listed include winter and durum wheat across several states.
The jury awarded F. H. Wight of Waterloo a 4124 judgment in his $10000 damage suit against Mr and Mrs C T Rudberg formerly of Cedar Rapids now of International Falls Minnesota. The retrial took nearly two weeks before Judge H C Ring on Federal Highway 216 between Nashua and Charles City.
Eight year old Jean Morris daughter of Mr. and Mrs. M. G. Morris of 1710 Seventh Avenue SE sustained severe cuts to the neck and chin when the Morris car collided with a northbound vehicle on Nineteenth Street SE around 8 30 a.m. She was taken to St Luke's Hospital where several stitches were required.
Born to Mr and Mrs R G Van Ness of 424 Fifth Street NW a daughter Thursday at St Luke's hospital. Born to Mr and Mrs Earl J Farley of 623 Third Street SW a son Thursday at St Luke's hospital.
Several lost items reported with rewards including a black billfold containing $65 and name inside in Marion for tax purposes, a brown billfold with $20 and identification cards in Sanford at Gazette Co, a leather billfold and coin purse with about $22, a Dueber Hampden wrist watch, a Sheaffer pen and pencil in front of 1603 7th Ave SE, and a brown glove between 5th and 3rd St on A Ave NW. Contacts include phone numbers and addresses for claiming rewards.
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