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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 28, 1934
Page
8
Market notes show slow demand and ample supply pressing hog prices at Chicago yards. Trading featured top bids around 48.00, with overall receipts heavy and steer and sheep segments showing varied activity across Cleveland and other markets.
An oversold wheat condition on the board of trade spurred a sharp uptick after a week of decline. May futures nudged higher while oats gained, as short covering and purchases revived activity. Cash markets showed firm undertones with moderate demand and unchanged cash prices across grain classes.
New York AP report shows stocks trading in a dull, unsettled tone with only modest gains in some issues. US Steel, General Motors, Sears Roebuck, and Montgomery Ward rallied slightly while many leaders moved little, and overall trading volumes remained light.
In Denver a gray haired nurse Mrs Mabel Bennett was put on probation after a judge convicted her of taking a rented car from Denver to Des Moines and not returning it. District Attorney James C Stark and Welfare Officer E C Young met with Earl Waite to decide probation terms.
Hogs weakened on the local market Tuesday as all prime grades fell a dime and good packers slipped five cents. At noon a nickel uptick in all grades lifted top hogs to about 4 05. Calf and sheep markets show limited activity with lighter lambs quoted around eight dollars.
AP reports Minneapolis flour prices steady as market factors show sugar and cotton pricing affecting costs. Dealers note tight supply and variances in freight and tare charges influence listed bids.
Iowa Senate debated indefinite postponement of the direct livestock buying bill as Lieut Gov Nels Kraschel defended its aim to reveal hog and stock market prices. The measure would license direct buyers, require weighers and graders, and collect herd fees, with opponents warning it may not curb direct buying and noting the high fees for producers.
H C Hanford of Duluth Minnesota former Cedar Rapids resident and founder of the Hanford post American Legion dies at about 66 after long illness. He lost all children in 1918 including Lieut John P Hanford mortally wounded July 29 at Seringes et Nesles, Raymond Hanford influenza October 4, and daughter Dorothy Kilby influenza December. Burial at Lakewood Minneapolis.
In New York early trading, bonds faced light turnover with mixed directions. Treasuries gained marginally while several corporate and foreign issues posted small losses or gains, reflecting cautious sentiment ahead of Roosevelt’s federal supervision proposal.
Chicago AP dispatch shows butter egg and poultry receipts with steady prices in early 1921 markets. Butter creamery and extra firsts quoted. eggs, pressed poultry and live poultry firm with freight rates noted. Chicago futures list egg and butter prices for March and April delivery and potato on track shipments.
The Iowa House approves a liquor bill allowing vineyardists to sell wine for off premises consumption and extends similar provisions to mead made from honey. The measure imposes fines, sets a $1 annual permit, creates state store controls, and assigns the commission power to establish stores and set prices. Absent votes and party lines noted among Democrat and Republican representatives.
Plans for U S recognition of Manchukuo advance as Henry Pu Yi prepares Thursday for enthronement in central Manchuria. Advisers say U S recognition is essential for legitimacy. Officials note discussions in Tokyo between Joseph Grew and Koki Hirota amid Russo Japanese tensions easing.
Nazis across Austria planned to defy the government ban and march in street demonstrations at 12 noon Wednesday. The action followed Theo Habicht's ultimatum to the Dollfuss government, with fears of widespread arrests and possible trouble as Hitler weighed removal actions. Reports from Berlin indicated Hitler displeasure at Habicht’s move. Rumors linked Prince Ernst Rudiger von Starhemberg to possible monarchist restoration, while border tensions with Germany escalated after attacks on Austrian patrols near Heilbach and Erlenbach.
London AP reports Lord Ashley and actress wife Sylvia Hawkes may see a delay to summer or autumn in their divorce suit. Douglas Fairbanks Jr. is named co respondent. Solicitors Gordon Dodds and company consented to extending time to file answers. The text also notes armadillo reproduction by budding in multiple offspring from a single germ.
Marion high school earned two first places at the sub district declamatory contest held Monday in the Lincoln school auditorium Lisbon defeated the competing schools Grant high Cedar Rapids and Palo high. Dorothy Roup Lisbon won the oratorical division LeNora Dippel Marion second with The Case for American Labor Marion also won first in dramatic with Arminta Davidson and first in humorous with Edward Ferreter Not Quite Such a Goose A second place contest saw Marion win all three divisions Naomi Nickeson The Challenge Burdena Cunningham The Execution of Sydney Carton and Alice Wallace Sisterly Sparring The program featured solo performances by Donald Bragg Jeanette Titus Garth Hunter and Billy Campbell.
Members of the Musical Literary club were entertained at a colonial party hosted by Mrs. E. J. Esgate at 1044 Tenth Street. Fifteen members shared a buffet, then a program featured violin and piano solos, vocal and group songs, tableaux, and a "A Musical Story" contest led by Mrs. Albert Bragg.
The Springdale Agriculture and Literary elu meeting at the Brennaman home elected John Allman as president Darwin Heefner as vice president James Hoover as secretary Mrs Darwin Heefner as assistant secretary John Hoag as treasurer and Marie Brennaman as reporter. The March meeting will be at the Allman home with D W Heefner and John Hoag in charge.
The Laura Batley Auxiliary met at Mrs Ralph Seager’s home for a twelve member picnic with two guests. Devotions were led by Mrs J M Walters on Light and Miss Lillian Breakly taught on The Widening Sphere of Interest. Miss Josephine Liers will speak at Sunday service. Catherine Adams of Coe College will address the Ivanhoe club March 12. Adams will discuss Poetry and the English Madrigal. Mrs A E Miller reviewed Scott’s Ivanhoe chapters seven and eight. Mrs A P Munson shared a San Antonio trip. Frank Larkin of Salt Lake City is in town regarding the death of his brother John Larkin.
New York City shirt sold by a Minneapolis store is now a clue in the Bremer kidnapping case. Investigators link the garment to the kidnapers after Bremer’s bloodstained shirt was taken and traced to New York by its design. Bremer was abducted January 17 and released after a $200,000 ransom.
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