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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 08, 1933
Page
3
Weather driven demand boosts hog quotes 25 to 35 cents with a top near 4.00 as receipts fall under the storm. Chicago clears 18,000 hogs with other cities showing steady to higher bids and vealers surge to eight dollars. Cattle and sheep receipts dip, but steers and yearlings rise while lambs stay firm amid storm trading.
Chicago market reports show hogs with receipts around 16,000 and cattle at 7,500 as heavy snow slows trading. hogs top around 4.00 to 4.10 for 140-250 lb ranges. cattle see vealers and steers mixed with prices up to about 6.50 for best 850-900 lb steers. Sheep receipts total 23,000 with buyers steady to 35 cents higher on strong to higher demand. Sioux City reports higher hogs and cattle with limited activity due to weather.
Tuesday hog prices across Iowa markets show varying ranges by weight and class. Mason City lists best lights at 3.10 to 3.00, heavy 2.90, prime heavy 2.70, sow prices 2.40. Ottumwa shows 2.10 to 3.20 across weight bands, Waterloo reports 2.20 to 3.10, and Des Moines notes higher 2.95 to 2.85 with good packers at 2.15.
Kansas City livestock receipts total 3 000 hogs and 8 000 sheep with cattle about 5 500. Hog prices range from 2 25 to 3 60 per pound with top 3 60 on choice market. cattle show steady to firm demand for steers and feeders with weights 550 to 1 300 pounds fetching 3 00 to 4 75. Sheep demand remains active with top lambs around 5 50 and ewe prices near 1 50 to 2 75.
In New York bond markets dullness prevails with only sporadic buying in select groups. U S government issues firm after prior selling, Liberty bonds little changed, and foreign issues show fractional gains. Irregular rail and utility stocks hold modest strength while Lorillard rises about a point amid tobacco weakness. exchange rates show broad but slight moves across major currencies.
Market notes list Wheat Oats barley corn receipts and prices along with hay straw and produce items. Entries include hens leghorn springs rooters cream oysters and hides with assorted price quotes and crate or gallon figures. Prices shown in cents or dollars for fruit vegetables dairy and livestock products.
Widespread blizzard and cold in the grain belt fail to push wheat higher on the Chicago Board of Trade. Prices drop fractions with selling tied to hedging and weak cash grain, while corn eases and oats and rye stay dull. Provisions firm with hog market gains. Liverpool closes mixed.
Grain movement update shows bid and price ranges for corn No. 3 and No. 4 yellow and white, oats No. 2 to No. 4 white, rye with no sales, barley at 25, timothy reed at 11, and clover seed priced at 5.50 to 78.00 per hundredweight. Listings include mixed corn and sample grades with varied percentages and weights.
Chicago market report details live poultry prices beans butter eggs by New York and Chicago markets with firm tones and shipments.
Chicago futures for eggs and butter show mixed movements with firsts and March contracts noted. Raw sugar in New York held firm at 2.65 while refined prices remained unchanged. hay and flour markets report steady receipts and shipments. Des Moines case narrows as supreme court reverses district ruling enabling an accounting in the Muscatine cancer institute dispute between Norman Baker and Harry Hoxsey.
Hog prices continue higher on the local market with an advance of a dime in all grades Tuesday lifting the top to the $3.00 mark. Calf and sheep prices are listed with ranges in various weights and quality brackets.
Wall Street stocks moved on a level plane with negligible price changes. Tobacco shares softened, oil issues barely budged, and Union Pacific led rail gains while some utilities covered short positions.
Blizzard forces an earlier press time so carriers and truckmen can deliver the paper on schedule. No Wall Street closing stock quotations are included in this edition.
Mrs. Helen Mary Leach widow of George N. Leach dies at her son Emery C. Leach home in Cedar Rapids age 99 born Feb 14 1845 in Niagara County New York survived by siblings and nieces and nephews funeral plans pending George W Sturges funeral at Lisbon Federated church burial in Lisbon call at Turner chapel James A Maloney funeral at St Patrick's church burial in Mount Calvary cemetery ongoing arrangements in local notices
In Vin cent the Burwinkle v Gatto case moves forward after Gatto dismissed a $123 counterclaim. Burwinkle seeks $1261.50 allegedly loaned by him. Gatto says he handled $2377 in Burwinkle stock deals and testifies in his own defense. A new trial motion was filed later.
W R Ronald South Dakota editor submitted a re draft of the domestic allotment bill to the Senate Agriculture Committee. The plan would tax processors on domestic consumption of wheat cotton hogs tobacco and rice and distribute proceeds to participating producers based on past production with a requirement to cooperate in voluntary production cuts.
The Marion community schedules concerts and meetings led by Paul E. Popejoy Miss Rose Wilcox and others. Kathleen Oxley improves after a skull fracture. Emma Tyler dies in Washington D C and funeral plans follow. The Christian church mission meeting and various club and church activities fill the week with debates, fire news, and social gatherings.
Born February 7 at St Luke's Hospital a son to Mr and Mrs G A Platner of Marion.
The report lists visits to the J. M. Albright home in Marion and the Wilfred Bell home in Troy Mills. It states there will be no meeting of the O O P club tonight.
The League of Nations wavered between action and inaction as Japan offered a last conciliation bid in the Sino Manchurian dispute. The committee debated whether to recognize Manchukuo and risk sanctions while considering Tokio's proposal and the potential impact on the League's stance.
Plaintiff Rose Babendure sues Kenneth S. Baker and Alice M. Baker for 15000 in a personal injury suit arising from a January 1931 collision on highway 30 near Marshalltown that killed Henry Babendure and Clyde E. Baker. Testimony includes passenger Jeanette Bordy Herman describing Baker car on the left side. Edward Wilson receives six months for a statutory charge after pleading guilty.
Robin Schulman sat in a dentist chair when three armed men burst in stealing $18 from Schulman and a small amount from Dr Hyman L Burton. One bandit grabbed Schulman’s bridge to sell as if it were cash, claiming Gold’s as good as money.
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