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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 22, 1934
Page
8
The Chicago live stock market shows heavy receipts weighing on hog prices with widespread declines across futures and cash markets. Traders note oversupply pressures and sluggish demand, while analysts monitor packer capacity and seasonal demand shifts impacting price prospects.
Grain markets in Chicago show higher prices following heavy near close buying. Traders note firm cash bids and gains in wheat and corn as futures hold steady amid light receipts and strong demand indications for nearby delivery.
Stocks showed dull turnover with the major leaders mostly inactive. Utilities and low priced issues traded small fractions higher while Industrials and rails moved little amid a cautious market. U S Steel, United, Santa Fe and Chrysler among notable movers.
Miscellaneous Cedar Rapids item lists Lamson Brothers and Co furniture with a manager Rob Dtrow and references Merchants Nations Bank building. The fragment notes a Chicago quotation and a Cedar Rapids context with partial project details.
Prime hogs weaken on the local market with a 10 cent drop in all prime grades fixing the top at 3.90. Packers steady as buyers report 130 to 190 pound lambs valued around 200 to . Lamb carcass ranges and feeder cattle prices appear in scattered notes.
Chicago markets show steady butter demand with receipts around 4480 and eggs 16227. Poultry receipts 1 car 30 news steady, turkeys 104 15e, dressed turkeys steady. Potatoes receipts 353 with No 3 Wisconsin and Minnesota red River prices around 1.75 to 2.15 per cwt, Florida crates noted. Futures for butter and potatoes mention March and April contracts with modest storage and demand.
Fragmented OCR lists exchange rates and currencies for countries including Great Britain France Sweden Denmark Netherlands Spain Yugoslavia and Canada with figures and place names such as New York Montreal and Bern. The text resembles a 1940s or earlier financial panel showing cross rates and bank mentions but is garbled and partially unreadable.
Seed market notes listed for Toleno with March 823 dollars and cash 350 dollars for AP seeds in warehouse red cover. text repeats. Untitled market entry lacks clear date or context. reads like a commodity ledger snippet with seed pricing and cash terms.
Iowa county supervisors to meet state officials in Des Moines at noon Monday to discuss the Beatty Bennett tax reduction law and CWA tapering problems. The Sixth District delegation from fourteen eastern Iowa counties will participate and seek clarity on implementation for 1935. Police words indicate broad discussion on tax provisions and CWA timing.
Temperatures in Cedar Rapids declined mid afternoon as clouds drifted in. Readings dropped from 37 to 36 degrees between 1 30 pm and 2 30 pm with cooler air forecast for the region. The Tuesday peak reached 37 and the low near 28 overnight into Wednesday morning.
F F Kerey of Jefferson sues in district court alleging unwarranted arrest and prosecution by the Cedar Rapids based Vigortone Co. Dr Fenton Vigortone faces a $19600 judgment claim for misappropriating $30, Keiles asserts arrest and dismissal by Justice Fred Milter in Carroll. Keiles also seeks $31827 for salary and commissions in a second count.
A court held John McLelan in contempt for violating a district court injunction. He faced twenty four hours in jail and a suspended fine and sentence contingent on removing a property encumbrance within twenty four hours. Details mention Mrs Me- Trats and a 24 hour meeting, with unclear grounds for the order.
Paris AP report details new twists in the Stavisky pawnshop swindle scandal. Judge Albert Prince, tied to the case, was found mutilated beside a Dijon railroad track after a suspected murder linked to a faked Paris telephone call. Authorities hint Stavisky may have acted as an international spy selling secrets to Germany.
Rath reports the meat packing industry still hires more workers than in 1929 under the Presidents reemployment agreement. Iowa remains top in hog production with about two billion pounds of pork and lard in 1933. He notes low prices were needed to move meat but buyers could still cash in livestock daily.
A mistrial or delayed decision looms as jurors weigh the St Paul mayoral probe into Cummings. Officials and attorneys discuss extending invitations and potential witness appearances while court proceedings focus on whether to pursue further action.
In Coro Park efforts to train parrots to greet visitors fail. The conservators and park commission discuss training methods but the birds resist and leave the staff discouraged. Parrots abstain from speaking and the plan collapses amid frustration.
Davenport publisher Adler describes a confrontation early morning near his door with two assailants, one in a brown suit. He was attacked with a blackjack, wounded but escaped and alerted police. The suspect faces charges of attempted kidnapping and assault with intent to rob, with police noting possible gang involvement.
The measure clears the house outlining levies and surtaxes on corporations and individuals. Proposals include a 35 percent tax on personal holding companies, credits for taxes paid abroad, and changes to penalties on consolidated returns.
A high school student frightened away a would be robber at a Dallas Center bank on Wednesday. The bandit entered with a pretend weapon and ordered cash, but fled as the youth and a patron resisted. Mrs Ina Burker assistant cashier assisted during the incident.
Transfers show R E Niemeier and wife deeded 28 feet of lot 5 and 22 feet of lot 6 block 3 Bevers 3 Add Cedar Rapids to Nick Polis with taxes liens and assets to Feb 5 1931 valued at 1 dollar. Anna M Cook transferred 20 acres more or less in section 3 86 7 Linn County for a stone quarry 3500 dollars dated Jan 19 1934. Msrule M Grand conveyed to John A Schmiex sworn 7 acres at Go 7 for 1 dollar per deed dated Feb 9 1904.
White House signals plan to restore air mail service to private companies once honest contractors are available. The move follows cabinet talks with President Roosevelt and officials Farley and Cummings. Senate inquiry continues into the 1930 contract reallocations and Walter Brown’s dealings with Bagby, with Brown defending his role and criticizing Meads remarks on the mess.
The house labor committee backed NRA plans to shorten industry hours through code revisions rather than rigid laws. Johnson and Swope favored reduced hours and endorsed unemployment insurance, while delaying drastic cuts to about 36 hours pending upcoming code conferences. The NRA canceled hearings before March and Johnson agreed to disclose its industrial background.
The Chicago Tribune editorial contends Roosevelt’s administration targets the press with suspicion and condemnation. It cites General Hugh Johnson as emblematic of policy and argues charges against newspaper production are unjust and aimed at restricting press freedom during revolutionary change.
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