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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 30, 1933
Page
10
Reports show trading active with hog prices 5 cents higher in Chicago markets. Receipts across major centers totaled about 45,700 head with Chicago alone around 30,000. Lamb and cattle activity mixed as buyers priced by quality and region.
Local hog prices edge higher with a 5 cent advance across all grades. Top quote rises to 280 dollars as packing houses prepare to receive hogs on open Monday. Quality and condition drive these adjustments amid ongoing market activity and regional price signals.
Local Cedar Rapids market notes list wholesale and retail prices for grain and produce. Wheat oats rye barley corn and hay show varied per bushel and bale costs, with heavy hens and roasters priced per head, potatoes and vegetables priced per basket, and other farm goods quoted in dollars and cents.
Chicago traders sold Friday pushing wheat 2% cents lower, corn down 1 to 1 5 cents, oats off 1 to 11 cents. Cash markets showed modest buying early but receipts remained light as profits drifted with weak country arrivals and holiday closings.
Market summary lists grain quotations from Lamenn Brothers and Co and Merchants National Bank. Prices for WHEAT CORN OATS RYE and BARLEY shown with bid and ask figures, months and daily values, reflecting trading in Cedar Rapids area.
Grain prices and market notes for CHICAGO and MINNEAPOLIS areas show rye and wheat bids with named buyers Timothy Sefiy and others. The report lists percentages, futures terms, and cash grain movements amid varied pricing signals and potential grain movements.
Quiet profit taking gave the market a softer tone on Friday while some issues rose slightly. Losses of fractional to a point or more appeared for several names as transfers neared 1,100,000 shares amid a listless session.
Washington AP reports a shift as some conservatives in Congress envisage a more liberal GOP though not as far as the Democratic Party under Roosevelt. Rep Bertrand Snell says the nation leans toward liberalism, but Republicans will resist socialism while pursuing a milder reform line.
Colorado Governor Johnson announced he would not commute Walter Reppin’s death sentence in Canon City. The Newark youth, aged 18, awaits execution in the gas chamber after a court trial, with the governor noting no grounds to intervene despite moral concerns about capital punishment.
Three automobile personal injury and damage suits totaling 8728 are dismissed in district court. Plaintiffs claim injury and death from a collision between vehicles driven by Glenn Rayner and B L Moore at a Muscatine County intersection on November 18 1932. Mrs Clara Hammond alleges a 5000 death claim. Kate Enoch seeks 3528 for injuries. Rayner requests 200 for car damages. Moore and Weaver deny Moore acted for Weaver on road work and argue a personal errand drove the accident.
In district court Judge HC Ringe held a Friday hearing on the final report of Paul F Jones as receiver for Larimer and Shafer Inc and of objections by Robert I Larimer with adjournment to resume later. Jones resigned as administrator days earlier and the objector argued the receipts and disbursements were not balanced and asked court to withhold approval until balance is achieved. Sues for Divorce Thomas A Barkwill seeks a divorce from Leola M Barkwill in district court on grounds of cruel and inhuman treatment, married Burlington in 1923, seeks custody of a minor son.
Gen Johnson told reporters he will scrutinize New York bank fee proposals under the bankers code before action. He also noted NRA compliance chief Davis reported William Green’s affidavits on Henry Ford code violation lack full proof, delaying prosecution. Johnson voiced shock at Green’s claim of a November unemployment rise linked to employers not meeting re employment promises.
Letting of school addition contracts by the board of education to local builders spurs jobs for about 18 to 20 men and 250 000 cinder blocks. Local materials including sand gravel lumber and millwork are specified with an estimated block cost of 41000 dollars for four schools. Cinder Block company manager Harold Spaight notes 20000 labor hours plus related work.
Fresh shipment Jones sausage appears in ads. Tom Young of Covington fined for intoxication. L D Burgus injured at home after a slip on ice. D F Monn hospitalized in serious condition. Auto mechanics meeting at Moose hall tonight. New Year ads offer dining options. Baptist minstrel event postponed. Charles A Laurance shares European travels with High Twelve club. Arthur school skating rink flooded and ready for use. Arthur Creamer announces school status.
Capt and Mrs Ray A Barnes and son Jack of Los Angeles spend Christmas and New Year at the home of Mrs Barnes sister and her husband Mr and Mrs Joe Cross at 2390 Blake Boulevard Captain Barnes is a representative for the Los Angeles Times feature syndicate.
Seventy Metropolitan Supply employees attended a banquet Thursday night at the Hotel Montrose tied to the week long salesmen’s conference. Hugh Orchard was the principal speaker at the event.
Firemen were alerted Thursday evening to a chimney fire at the Marion apartments 716 Fourth Avenue SE. Early Friday a caller reported smoke from a roof near Fourth Avenue and Eighth Street SE, but responders found no fire.
The Rev Mr and Mrs Myron M Sackett co pastors of the Four Square Gospel Tabernacle Cedar Rapids traveled to Los Angeles to attend the Four Square convention at Angelius temple from Jan 1 to 15 and expect to return Jan 19. Delegations from Kenosha led by Rev Sidney Currell and groups from Minneapolis and Omaha joined the trip in a special Four Square Gospel car.
Ten unemployed artists under Grant Wood will begin January 2 work on eight seventeen foot murals for Ames Library stairway. The project, part of the federal CWA, aims to portray useful arts and later add six fine arts panels in the reading room with a pioneer plowing scene planned for the library rotunda.
Washington dispatch reports Democratic leaders move to revise a minority petition rule to require 218 signatures to bring up a bill, aiming to curb intra party revolt and keep the Roosevelt program intact. Some defectors from last session now back the plan while promising no wide faction fights.
The Thomas plan proposes doubling the gold backed currency by revaluing gold to 41.34 per ounce and returning half to the reserve banks. It notes current gold holdings across Federal Reserve banks Treasury and other bodies and outlines penalties under new rules to enforce surrender. The plan aims to profit the government from revaluation and cites existing stockpiles totaling 4.44 billion dollars in American monetary gold.
The government's domestic gold price remained at 34 06 an ounce for the ninth day following Acting Secretary Morgenthal s order to bring monetary gold outside reserve banks into the treasury and the Reconstruction Corporation Bar gold in London traded at 32 03 on a sterling opening of 5 07 to the pound Missouri tests show nightlights in poultry houses boost winter egg numbers though hens laid fewer eggs in March and April The giant anteater has a tongue two and a half feet long.
Loomis Brothers, contractors, began two building projects in the Cedar Rapids street railway building at 716 First Street SE. The larger project, valued at 5000, remodels the south end for the Cedar Rapids Gas distribution and conversion department. A second 2000 project adds a four stall single story brick garage for service trucks.
Mrs. Matilda Horak 90 longtime Linn county resident died at 3 30 p m at her Cedar Rapids home after a lingering illness born Bohemia March 14 1843 she married John Horak Feb 7 1870 and lived in Ely before moving to Cedar Rapids about thirty years ago survivors include eight children sixteen grandchildren and twenty three great grandchildren funeral at Barta chapel Sunday 2 p m burial at Bohemian Memorial cemetery. Also Rosenberg infant son of Bert and Mrs Rosenberg died of pneumonia at age less than one year body at Monahan chapel. Nettie Sisam travels to Mount Carmel Ill to attend brother Charles C Colyer’s funeral after a yearlong illness.
CHICAGO AP The status and legality of the National Recovery Act and the Agricultural Adjustment Administration are debated at a round table during the Association of American Law Schools convention. Dean Eugene A Gilmore of the University of Iowa leads as scholars ask if the acts infringe state powers or due process while questioning delegation of legislative power and administrative fact finding.
Frances Harrel Marsalis and Helen Richey remained aloft after 216 hours in a flying boudoir above Miami as they defended their women’s world endurance record. They planned to stay up as long as the ship and engine held, with refueling calls noting the engine ran smoothly despite fatigue. Their manager said not to expect a descent for at least 24 hours.
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