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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 16, 1933
Page
8
Heavy supply cuts and light demand push hog prices lower across major markets. Chicago and East Coast regions show modest declines, with specific sales and weights cited. cattle and sheep also soften amid slow trade and subdued by receipts.
Wheat futures eased back to just above the prior close after an initial surge driven by stock strength and Hecht selling. May rose to a peak near Dec 9, while corn held firm, oats and rye moved higher, and provisions stayed steady to easier as outside market forces and weather bullishness weighed on sentiment. Cash prices were largely unchanged with light receipts and mixed car movement.
The Associated Press reports Iowa hog prices with mixed changes. Mason City steady. Ottumwa quotes show declines across weight ranges from 140 to over 350 pounds, while Waterloo lists prime and good packers prices near 2.05 to 2.50 per pound. Des Moines notes steady markets with multiple weight classes and packer values.
New York AP market notes show eggs at 54 937 unsettled while butter at 33 K steady. trays and standards up and down with receipts and shipments fluctuating. Poultry including turkeys and frozen items show varying prices and stable demand. potatoes on track with steady shipments and prices.
John W Finsweiler a 95 year old veteran of the Civil War and early Galena mining figure died at his home on Tuesday. He is survived by a sister Mrs Catherine Ropplinger, 90.
Chicago cash grain shows no sales for wheat and corn with mixed lots and varied quotes. Minnesota Minneapolis cash grain notes receipts and assortments with No 1 northern and dark northern values and various durum and amber prices. The report lists multiple grades, protein percentages, and upcoming delivery months with fluctuating leads in corn and oats.
New York bonds closed with uneven activity as rail and utility issues rallied while some state and foreign debts fluctuated. Liberty bonds showed varied yields with several issues trading near recent highs and mixed Treasury notes amid narrow gains in better quality industrials.
Summary of Cedar Rapids market listings shows wheat 40c, oats 12c, corn shelled 15c, new 12c, rye and barley around 20c, hay and straw priced up to 600 dollars. Hens, roosters, hides, and various fruits and vegetables listed with multiple unit prices.
Hog prices eased with a 5 cent fall on Wednesday morning across all grades and a later nickel drop in the standard grades. The top fell to 2.90. Calf market shows choice 140-180 lbs at 83.00 to 87.50, good to choice 130-190 lbs 2.50 to 3.50. Sheep markets list choice lambs 75-85 lbs at 3.50 to 4.50, with other grades by quality.
Stocks held near even ground in quiet New York trading with utilities heavy and industrials and rails mostly firm. Major movers included Consolidated Gas and Public Service of New Jersey retreating, while U S Steel and several others rose fractionally amid subdued volume around 800,000 shares.
The report lists foreign exchange values in cents for currencies including Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Switzerland Spain Portugal Greece Poland Czechoslovakia Austria Argentina Brazil Japan and Mexico with various quoted rates and a note of nominal values.
In Los Angeles an examination was conducted into Mrs. Marie Kennedy aged 36 who reportedly believed she was commanded by God after she drowned her 8 year old daughter June in a bathtub.
Multiple Iowa items report on education, accidents, obituaries, and local notices. Highlights include Fayette county teachers’ study center in Oelwein with Grace Randall and C A Fullerton, injuries to Lester Holmes and Howard Wieditz, deaths of Edward Burns Alma A Coder, a Tipton Springdale declamatory contest lineup, Albert Ehrke recovery from gas poisoning, Buchanan County National Bank dividend, Norway high school declamatory contest, and the death of Thomas J Stewart near Martelle.
One hundred thirty pupils at East Elementary Clinton Lyons district narrowly escaped death when a fire destroyed the building shortly before noon Wednesday. Glenn and Arthur Fray spotted the blaze and alerted Principal Miss Anna Balch who ordered evacuations minutes before the roof collapsed.
Joseph D Holub and Ruth North rup of Linn county seek marriage license. Edwin C Bender of Johnson county and Mary L Birky of Linn county also apply for licenses.
Born to Mr. and Mrs. R S Pratt in Kansas City on Monday a daughter Charlene. Mrs Pratt is the former Miss Ruth Montgomery daughter of the Rev and Mrs W A Montgomery 120 Seventeenth Street NE Mary E Haughton and has to A R Austin exchange of properties 11-25-32.
Four people were arrested by Sheriff H. J. Nehring for counterfeiting in Fayette County. Authorities seized more than 100 coins including dollars half dollars and quarters along with dimes nickels dies polishing machines and Babbitt metal. Suspects named Will Barr 59 his wife 51 their daughter Mince 18 and Wesley Ross hired man Ross confessed. The Barrs reside on the Fred Williams farm near a quarry between Clermont and Postville linked to the Wilkes Williams murder years ago.
St Paul police found the car stolen from George Kerns in St. Paul Minnesota, linking a three person gang to robberies and holdups across southern Minnesota and eastern Iowa. Kerns was abducted near his home and forced to drive ten miles on highway 30 before the car crashed through a schoolhouse window. The gang then robbed five filling stations in Benton county and escaped, a shot fired at the car in Garrison left a bullet hole in the hood.
Judge Moffit in district court appoints Frank Wessale Cedar Rapids as receiver to lease the Waconia Sorghum Mills to the American Syrup and Sorghum company St Louis for one year contingent on at least 500 acres of sorghum cane contracted by April 1. Wessale to supervise contracting harvesting delivery and manufacture with payments based on production. Judgment of 136842.35 awarded to Merchants National Bank Cedar Rapids and S E Coquillett as trustee in foreclosure of a 150000 bond issued 1928. About 130000 of the bond issued was outstanding.
J W Schwind Jr as administrator of Clara Koppes estate sues SR Gibson and Kenneth McShane for 15737 dollars alleging a December 20 1931 crash on highway 13 north of Marion killed Mrs Koppes and Mrs Fleming. Witness William Fleming testified his car skidded after headlights showed the truck 60 to 80 feet away. Other witnesses included Dr A E Crew Clara Kuch and A A Koppes. Plaintiffs claim the truck driver ignored a stop sign and the truck lacked visible lights.
Mrs Katherine Hinerwadel 72 widow of Jack Hinerwadel died at her Cedar Rapids home 1007 Fourth Avenue SE at 2 05 p m Tuesday after a long illness Born near Palo March 29 1860 she lived in Cedar Rapids over sixty years Surviving is son Carl Voshe Funeral services in Beatty chapel 2 p m Friday Rev Blaine Hyten to officiate Burial in Linwood Cemetery Friends may call 7 9 p m Thursday
Joseph W. Stolba a Cedar Rapids resident for 55 years before moving to Pasadena 11 years ago died in Pasadena at 3 20 am Wednesday He was about 66 Surviving are his widow two sons Edward and Emil a daughter Mrs Iva Sten all of Pasadena and two brothers John and Frank of this city Funeral services will be held at Pasadena.
Funeral services for Mrs Kate Mead will be held in the Beatty chapel at 1 p.m Thursday conducted by Rev Blaine Hyten. The body will be transported by motor to Marshalltown for burial.
Sister of Mrs Eric Nelson Minnie and Augusta Ziesing are called to Peru Illinois after the death Tuesday morning of their sister Mrs Nelson Funeral services are planned for Thursday.
At a Tuesday Federation of Women's Clubs meeting in the library auditorium Marion members outlined beautification efforts for Marshall Park along Milwaukee tracks on Sixth Avenue between Seventh and Eighth Streets. Committees will plant petunias and supervise park planting, while others prepare to tidy the library with new shades and curtains. The group also backed the Brookhart censorship bill and featured a Theris trial Shakespeare and Tennyson program. The Cemetery League held its annual meeting noting 750 lots cared for and endowment funds, while the Pleasant Grove Community Club organized a program of solos, poetry, and talks for an event at the White home.
The Marion high school declamatory contest will take place Thursday at 7 30 p m in the Lincoln School auditorium with a small admission fee and the public invited. Mrs J C Laser of Coe College will judge Melvin Oldfather will perform a tuba solo and Siegel Fleisher a flute solo with piano by Verle Breed. The program features oratorical dramatic and humorous selections by listed students and a cake birthday celebration for a local resident followed by a picnic supper for Philathea class October to January birthdays.
About 240 attendees at the Iowa County Boy Scout banquet and court of honor at Carson high school Monday night. Speakers were J R Cline and M A Waldron. Eleanor Gorsch was soloist. Clifford Berry earned life scout. Leighton Beilstein recognized for fifty hours of community service. Star, first and second class scouts and merit badges awarded to numerous local Scouts.
Stanwood streets stayed dark Tuesday after the town council voted to sharply cut town government expenses. Further reductions in other operating costs are promised.
Miss Hilda Scherbring of Earlville and John Conrad of Bancston were married at St. Peter and St. Pauls Petersburg Tuesday morning. Attendants were Miss Angela Conrad and Arthur Eike. About 100 guests attended a reception at the bride’s home and a dance in the Dyersville hall followed. They will live on the bridegroom’s father’s farm near Luxemburg.
The Masonic Temple Stockholders association met Tuesday and elected P. O. Clark E J Miller and Earle Edwards directors for three-year terms The board re elected officers with P O Clark as president P C Lassen as vice president Dr C A Bradley as treasurer E J Miller as secretary and an executive committee including Lassen Miller and L R Blinks Individuals hosted and attended various community gatherings including clubs dinners and teas across Memorial hall Lincoln school and local homes
Relatives announce the death of the eldest son of Mrs. Lottie Dawson at a Spokane hospital on Monday after a brief pneumonia illness. A railroad engineer, he died while on his run. Funeral services are set for Thursday in Spokane. He leaves a widow, his mother, and a brother Forest of Marion.
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