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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 16, 1936
Page
10
Chicago AP reports hog prices push above ten dollars as pork values slip amid 10 day loss. Strength comes from higher live costs and tax changes, with Thursday receipts near 23 000 head and early gains 10 to 20 cents. Dealers note mixed ribbing of steers and lambs while hogs in multiple markets show mostly steady to higher bids.
Chicago stockyard catalog reports cattle and sheep entries with totals and prices. Notable consignments include 1 500 head steer loads and mixed lots with top prices around 99 to 1250 dollars for several beef classes. Sheep and hogs show strong demand with multiple lots selling upper market.
Combined hog receipts at 32 concentration yards and nine packing plants in interior Iowa and southern Minnesota for the 24 hours ended 8 am Wednesday totaled 26 200, up from 24 800 a week earlier and 23 600 a year. Prices were uneven with heavier hogs up 30 cents or more and lighter weights showing strength. several weight classes are listed with bid ranges from 140 to 350 pounds and prices around 7.5 to 9.5 dollars per cwt depending on weight and grade.
Chicago Produce markets show butter receipts at 1 percent weak creamery specials at 93 score 322033 extras 192 32c firsts 60-92 43l3ec. Eggs receipts 7,314 steady extra firsts 22c fresh graded firsts 21 2¢. Poultry live receipts 21 trucks steady hens 5 lb and less 20¢. Dressed turkeys steady prices. potatoes weak undertone. butter prices 12249. cheddar and other dairy notes mixed.
In New York, C. and North Western announce they will file a reorganization plan. Details remain unclear as officials prepare the filing amid industry reshuffles and economic pressures affecting Chicago and surrounding markets.
Wheat prices rose early in Chicago trading on Wednesday but gains faded as offerings increased. May wheat rose to around 95 4 cents, corn steady to down 4 cents, oats mixed, and rye firm with light buying.
Chicago Wheat and oats shown varied moves with May and July quotes, cash provisions report scarce sales, and Minnesota Minneapolis notes feature receipts and grain deliveries. Prices for rye barley and soybeans are listed with bids, futures, and delivery terms across several markets.
The report outlines flour shipments and prices in Minneapolis with entries for pure bran standard middlings and other commodities, while New York shows foreign exchange rates for Great Britain France Italy Germany Austria and Mexico. It also notes wool market activity with terms like strictly combing and territory wool, reflecting varied commodity trading conditions.
New York bond markets closed with varied activity as yields fluctuated. Analysts note a cautious tone despite early gains, with several corporate issues and utilities listed among active trades and fractional adjustments observed across Treasuries and major issues.
Strength in oils and specialties propelled gains in spots on Wednesday trading while many groups faltered. New highs appeared in early dealings before profit taking slowed the market. Houston Oil, Superior Oil, Sea Board, Phillips Petroleum and Westinghouse among leaders, with aviation shares like Douglas and Boeing slipping after a major Arkansas crash. Transfers neared 3 million shares as a broad list of names traded in Chicago and New York.
Wholesale fruits vegetables and meats listed with prices for oranges grapefruits lemons potatoes and onions. Hides and animal byproducts price details include cattle calves horses and furs with assorted weights and conditions.
In Detroit a 17 year old girl Shirley Tapp emerged from a 143 hour religious trance earlier than doctors expected. She said she had visions of God heaven and deceased friends during her sleep and woke Tuesday night at 9 30 PM, contradicting local faith leaders and medical predictions.
Tester's Cedar Rapids partner Tester Kimes and Doris Huntington of Rowan seek a marriage license. Ben Birenbaum of Mason City and Sonia Rosenbaum of Cedar Rapids also apply. Chris Studt and Libbice Lapota, both of Swisher, obtain a license.
Hogs strengthened on the local market Wednesday as bids rose 10 to 15 cents in several grades. The top price reached 9.55 dollars. Cattle prices fell by about 25 cents while other local markets held steady.
Obituaries from Cedar Rapids list Mrs Agnes Bittner Spevacek 78 died at home after a brief illness. Florence Euretta Crawford 35 died at a local hospital. Harold J Schulze 39 died after a monthlong illness. Details include birthplaces Bohemia Anamosa Van Horne and family survivors with funeral arrangements set in Janeba and Brosh Beatty and Turner chapels. Burial in Oakland Linwood Anamosa Cemeteries.
Mrs. F. M. Doan formerly of Cedar Rapids dies Tuesday night at her sister Mrs. Elizabeth Smith’s home in Minneapolis. Short funeral services scheduled for 10 am Friday in Hopkinton.
Otto Seigmund was elected president of the First Trust and Savings Bank, Tuesday. Henry Guenther was named chairman of the board Adolph Lohse became vice president Walter Thiele cashier Norman Guenther assistant cashier. Directors include Norman Guenther Otto Seigmund J O DeWitt Toronto Johannas Hass Adolph Lohse Walter Thiele and Henry Guenther.
John M. Thompson of Cedar Rapids and S. C. Lawson marshal a joint installation in the Masonic temple. Officers for Royal Arch Masons chapter No. 10 and Linn chapter De Molay are named with past masters honored. Refreshments and social hour follow, attendance around 150.
Mount Vernon Dr. C. L. Rich, economics professor at Cornell College, is named director of the 1936 summer session opening June 8, filling the vacancy from Prof. George Anselm. Rich will teach a social science course titled Problems of the Twentieth Century Civilization and direct summer colony activities.
Muriel Hanford former Broadway "Peacock" and World War II entertainer said she has been married to Howard C. Turney of Mankato Minnesota for the last two years. They wed in Mexico and were remarried in Nebraska four months ago. She previously ran a Sioux City night club and now lives on property where she runs summer concessions in Spirit Lake.
Frank J. Schultz was re elected president of the Linn County Co operative Fruit Growers and Producers association. Frank Barta was elected vice president and John R. Flick secretary and treasurer. Growers place heavy orders for berry boxes and crates for the coming season, with orders pooled and bought in carrots through the association at cost to growers.
Mrs. Ellen Parks, 73, of 1075 Twelfth street, fractured right wrist after slipping on an icy sidewalk near her home while returning from shopping. She’s at St. Luke's hospital in Cedar Rapids, cared for by her son and daughter-in-law Ralph and Mrs. Parks. Miss Elizabeth Flitner, 84, living with Mrs. Parks, fractured her hip and is hospitalized. Both women winter in Marion near Parks' son.
At the annual stockholders meeting of First National bank deposits rose more than 45 percent from a year ago. Directors re-elected included A. E. Blinks J. J. Booth Charles J. Haas H. F. Lockwood Emery J. Miller and W. B. Sebern. Officers re-elected were R. N. Fitzgerald president W. B. Sebern vice president H. F. Lockwood cashier and Emery J. Miller assistant cashier. The Marion Savings bank also held its annual meeting electing F. A. Shumack president K. W. Kendall vice president H. F. Lockwood cashier and Emery J. Miller assistant cashier with directors A. E. Blinks I. E. Isham K. W. Kendall H. F. Lockwood W. B. Sebern F. A. Shumack and C. D. Wallace.
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