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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 02, 1934
Page
8
Market reports show hogs trading near the $4 top as demand remains active and supplies stay limited. Chicago and major markets record higher receipts with varied price movements across multiple classes and regional bids.
Stocks rose broadly in New York as gold reprice and a weaker dollar sparked strong demand. Major gains ranged 1 to 3 points with heavy turnover and notable advances for Homestake Mining, American Telephone, Santa Fe, Delaware and Hudson, Union Pacific, Sears Roebuck, Montgomery Ward, and American Can amid a broad market upturn.
Hog peers suing upward on tie tees market. An end in the terms of 15 cents made in the prices bringing top back to 305 while the packer margins are a dime higher with the top at 230. Liberal premiums paid over the above prices according to quality and condition of hogs. Calf market good to choice 330-199. Spring lambs 70-80 pounds. Buck lambs 100 3B 50.
Local Cedar Rapids listing shows prices for grains and produce including wheat oats barley corn hay straw and various vegetables and fruits. Items such as heavy pasture hay roosters and assorted berries are noted with price estimates and measures, reflecting a general market bulletin.
The grain market ended mixed with prices higher on the Chicago Board of Trade but failing to meet expectations. Wheat, corn, and oats showed uneven moves as export demand and weather concerns tempered gains amid a cautious trade atmosphere.
An Ely man suffered severe arm injuries after contact with a buzz saw while operating it. He was brought by neighbor to a physician and then rushed to the hospital where doctors assessed the extent of his injuries.
Traders chased profits as prices jumped $1 to $3, lifting stocks before midday, then pulled back but recovered to top early levels. Volume ran below Monday's pace, while commodities showed mixed action with wheat modestly higher and cotton hitting new seasonal highs gains about 50 cents a bale.
The New York market wrestled with a dollar devaluation to 59.06 percent of its former parity, keeping the dollar at a premium to gold and prompting expectations of a gold influx. The French gold franc moved briefly toward 6.63 cents before easing to 6.36, while the pound slipped to about $4.98 and to roughly 78 francs against the franc.
The Marion Methodist Ladies Aid met in multiple divisions with Mrs. Roscoe Stevens Mrs A E Crew Mrs H O Young Mrs J J Booth Mrs Oscar Martin and others hosting sewing picnics and refreshments. Plans were made for the Brotherhood banquet February 7 and a corn hog program sign up session.
Obituaries list Ralph H Terry 74 of Fairfax dies at home after 49 years in Fidelitas lodge with funeral at Turner chapel. Also named are James F Chrnaoski of Cedar Rapids, Frank D Holcomb of Martelle, and Eman Hanzal with services at Janeba and Brosh chapel. Burial in Linwood and Bohemian National cemeteries.
William Blackwell 41 of 383 Sixteenth avenue SW suffered a fractured knee cap and serious chest injuries when his coal truck crashed into a parked car on Third Street SW between Thirteenth and Fourteenth Avenues at 9 30 p m He was jailed charged with operating a motor vehicle while intoxicated and transferred to Mercy hospital Drunk bottle labeled Old Charter Whisky found in truck Police said the other car belonged to Harold Kline 404 Sixth Street SW and was parked Blackwell was released to his employer who agreed he would report when able
Joe Rivers and manager Tommy Caldwell travel to Rochester Minnesota for an eight round feature bout against Stan Christy of St Paul. Rivers has a future bout on February 8 in Mason City against Freddie Tompkins.
Neil Mullen of Fayette pleaded not guilty in district court to a drunk driving charge filed by County Attorney G K Thompson. Bond set at 500 dollars. Mullen arrested Jan 17 after being found slumped at the wheel of his car on Highway 13 two miles south of Central City as a truck was stopped by two Hopkinton men. a Cedar Rapids man driving another car struck the stopped truck.
Local want ads list items lost including a tan leather billfold near People's Bank and Sputecon's, reward offered. found items include a hunting dog with address on its collar. Notices mention an arrest reward for misuse of want ads and services for electrical repairs and rheumatic remedies.
Local venues advertise dances and music events including Al's Entertainers at Edgewood No 2 Covington and Happy Go Lucky's orchestra with gents 15c indies 15c. Other listings show German Band at Clark Orchestra tonight at the Plaza and Katy dids at Bob Inn tonight. Cars for sale include a 1930 Whippet Coach, 1929 Chrysler 75, 1934 Plymouth Coupe, and Republic truck with prices and contact numbers.
Filing of trade name statements was brisk in County Recorder Dempsy Jones' office as twelve firms filed statements listing names and addresses of interested persons. Among filers was Harry's Tavern at 204 Fourth Street SE, with Harry F Parr and John Prochaska Jr named as interested parties. Prochaska is under charge for failing to file a trade name statement for Club Royale at 317 1/2 Second Avenue SE.
Sharp winds drove the thermometer down more than thirty degrees to a 15 degree low in Cedar Rapids Thursday morning. Readings rose briefly to 24 hour high of 47, then fell to 18 by 7 am as skies cleared and winds eased. Weather data from Chambers Inskeep Co. shows the rapid drop and gradual rebound through the day.
The light heavy title fight at Madison Square Garden was postponed when Garden officials, citing threatening weather, delayed plans as rain and storms loomed over Miami. The decision halted the event originally slated for a later date.
Personal injury cases brought by Philip M Kubach and Mildred Kubach against John Stanek were settled and dismissed with prejudice by the plaintiffs at their costs. Kubach sought 5210.50 for injuries from a August crash at 6th Avenue and Eleventh Street NW. Mildred Kubach sought 2567.50 for injuries as a passenger in the Kubach car.
A sweep of local beauty shops promotes permanent waves and related services with special February and March prices. Listings include Mae's, Delux, Cinderella, Kennedy's, and others offering perms, end curls, finger waves, shampoos, and manicures at various affordable rates. Dial numbers accompany each shop. some emphasize guaranteed prices and specials.
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