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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 18, 1935
Page
10
Chicago market reports hog receipts lighter than expected with prices 10 to 35 cents higher. Top hogs hit $8.00 while average prices hovered around $7.70. cattle and sheep also showed varied gains and steady to higher bids across Cleveland, Pittsburgh, East Buffalo, and East St. Louis.
Hogs are stronger on the local market with an advance of 5 to 10 cents on Thursday pushing the top price to 775 dollars.
Grain traders report cash grain activity in Chicago with No 2 yellow beans No 1 wheat and No 4 oats priced around 929 to 544 per unit. Supplies include barley beans timothy clover and fodder announce receipts and differing grades, indicating mixed markets and fluctuating cash values across the commodity list.
Des Moines AP reports 24 hour hog receipts at 15,600, up from 19,800 a week ago but down from 37,600 a year ago, with quotation ranges across states including Waterloo Mason City Ottumwa Des Moines and Austin Minnesota. Prices show 140-350 lb hogs mainly steady to 20 cents higher, with packer quotes and sow prices listed for multiple weight classes.
Chicago hog receipts totaled about 1 100 with demand noted above average for the week. Prices showed gains with most weights around 7 dollars per cwt and selective increases across categories as buyers remained active driven by government calf and cattle activity in the region.
Receipts show mixed demand as Wisconsin and New York markets report steady to weak trends. Poultry trucks move with steady to light demand while dressed turkeys and other meats hit modest price levels amid cautious trading.
The gold clause case dominated grain table talk as prices fell on the Chicago Board of Trade after early firmness. Wheat finished little changed, corn and oats rose modestly, while cash markets showed mixed activity amid light buying and a cold wave.
Wall Street opened with general dullness as traders awaited Washington signals notably the gold clause ruling. Major issues showed mixed moves with U S Steel and Chrysler edging lower while General Motors and American Telephone held steady or gained modestly. Transfers reached about 700,000 shares amid scattered strength in select stocks like City Stores and National Department Stores.
New York bonds held a routine course with small price and volume changes. Government issues moved little, with slight gains in some Treasuries and corporate notes trading near steady levels. the Treasury market showed modest shifts across maturities as investors stayed cautious.
A fragmented market note from New York outlines uncertain conditions in the trading day. Investors react to shifting data and fluctuating prices as analysts weigh potential policy impacts.
John Shada of Marion aged 24 and Leah Gardiner a 17 year old girl from Broken Bow Neb were held by police Wednesday after the Broken Bow sheriff alerted authorities to watch for them. County Attorney G K Thompson said a lewdness charge would be filed.
Frank C Welch president of Peoples Savings Bank and family travel to Richmond Newfoundland after the death of Mrs Welch's father T C Schroeder 77 who had been ill since a fractured hip last spring He operated a general store and dairy farms near Richmond Surviving are his widow three daughters Mrs Wendella Gordon Mrs J C Brown and Mrs Welch and four grandchildren Funeral services set for Friday at 2 p m in Richmond
Word from New York says funeral services for Frank H. Harwood will be held at 11 a.m. Friday in Christchurch Bronxville New York. Harwood is a former Cedar Rapids resident and a national advertising executive. He died Wednesday in Tampa Florida after an operation.
Joseph B. Richardson, 66, of 223 Fourth Avenue SW Cedar Rapids, died at his home at 8 05 a m after a heart attack. He was born May 9 1868 in Jefferson county and had lived in Cedar Rapids 17 years. He leaves a widow Rena five sons B M John O Robert S Frank P Vance C and a daughter Mrs George Hanson all of Cedar Rapids two brothers George Richardson Monmouth Ill Gilbert Richardson Davenport two sisters Mrs W H Presler and Mrs Amos Whisler Cedar Rapids and four grandchildren. He was a member of M W A 145. Funeral services in Beatty chapel later with burial Cedar Memorial park. Friends may call.
Community notices include a High Twelve meeting with Guy Linville discussing the Hauptmann trial from an attorney’s view. Fort Dodge’s Johnson fined five dollars in police court for improper street storage. Hotel Roosevelt manager William S Cadow traveling to Des Moines for the Iowa Hotel association convention. An executive board meeting of the Chamber of Commerce young men’s bureau Thursday at the Hotel Roosevelt. Drum and Bugle corps practice moved to 7 pm Friday at the VFW hall. Postal Employes Credit Union annual meeting and an adjourned relief association meeting scheduled Friday at 7:40 pm. Additional items list local notices and circulating civic updates.
The city council on Thursday authorized the waterworks department to buy a new coupe for 463.84 dollars after trade-in of a six year old car. It also authorized the department of streets and public improvements to purchase a carload of brick.
Howard R. Snyder, 28, of 511 Fourth avenue SE, was arrested at 8 p m Wednesday on a Clinton warrant from Municipal Court Judge W A McCullough. The charge is larceny by embezzlement. Police have no additional case details but detectives mention a possible past beer parlor operation in Clinton.
Miss Mildred Butler of 1036 Third Avenue SE fractured her right arm near the shoulder after slipping on ice near her home late Tuesday. She was treated at Mercy hospital on Wednesday and did not remain in the hospital.
Don C Cook of 2037 Linden drive SE suffered bruises about the shoulders at 6 50 p m Wednesday when his car collided with the automobile of William Victorine of 2410 Grande avenue SE at the intersection of Washington avenue and Seventeenth street SE Victorine was not hurt
A service school for tractor owning farmers was held at the Hotel Montrose on Thursday by the John Deere Plow company in courtesy to the Farmers Implement company. The Farmers Implement company opened Thursday at 528 First Street SE, successor to Seaton Brothers of 216 Sixth Avenue SE. The new store is managed by F. P. Ralston with W. F. Seaton and Charles F Young associated.
Jerry Thomas 24 of Belle avenue SW changed his plea from not guilty to guilty on a gambling charge and was fined 10 dollars plus costs after a police court appearance. R Hawkins 24 was found guilty after pleading not guilty and fined 25 dollars plus costs. Additional intoxication fines of 10 dollars and costs were imposed on Pat Conniey 49 of Chicago Joe Glason 67 of Marion and Fred Twining 48 of 630 Seventh Street SE.
An open meeting for truck owners will be held at Hotel Montrose in Cedar Rapids at 7 p.m. Friday to discuss the future of the trucking code in Iowa. John P. Shannahan chairs the call with state code authority members, NRA officials invited, and several attendees from Des Moines Mason City Waterloo Mechanicsville and Underwood.
Russell of Anamosa was chosen chairman of the Jones County Assessors association at the courthouse meeting. A J Orr of Onslow was elected secretary. The 1935 assessor list adds four new names and lists many current assessors with several unsure spellings and towns. The pay for assessors remains unsettled pending a legislative decision on boundary reductions.
Funeral services for Mrs Robert Keely of Cedar Rapids were conducted at the Marion Congregational Church with Rev. Nelson C. Dreier and Rev. H. O. Allen officiating. E A Lee played pipe organ selections. Burial followed at Oak Shade Cemetery. Out-of-town mourners included J. P. Schnabele and Roy Carnegie of Sioux City and others from Cedar Rapids.
Washington hosts a public joint installation of Rainbow Girls and DeMolays on January 27. DeMolay officers include Edsall Brown as master councilor and Peter Jungbluth as senior councilor, with Louis Thornton junior councilor and George Means scribe. Amos chapter sponsors are Cyrus chapter Masons led by Harvey Meek and others, including Roy Means and Ralph Gibson as advisors and board members.
Federal crop assessors for Iowa counties were announced by Sam Patterson chairing Marengo. Names include Cecil Cronbaugh J. W. Kenney Irvin Schmidt FE H Weaver Harvey Knock E C Lortz W J Feldavrd and F J Gaffey. They begin Jan 2 for three weeks, continuing until Feb 8. Assessors will be paid 35 cents per hour for eight hour days reporting each Friday to Seventh Iowa district HQ in Washington Ja.
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