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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 07, 1932
Page
16
Chicago quotes ease to 5.30 while receipts reach about 32,800, with parts of the market showing weakness. Cattle hold gains on fed steers and yearlings with some records set, Cleveland and East St. Louis active. totals show 7,825 head across cities, including Chicago and Cleveland.
IO reports active cattle market with prices for strictly choice steers at 8.50 top and fed kinds around 7.00, grass and yearling categories varied. Hogs show receipts near 5,000 with weight classes steady to higher, sows up to 4.15, choice 150 lb hogs around 4.75, and best premium feeds bidding up to 4.00. Sheep bids steady on natives and lambs, native lambs around 6.00 to 6.50 with better lambs up to 7.00 in Washington market portions.
Receipts 1,000 cattle with most beef steers and yearlings up 25 cents. Fat stock strong to 25 cents higher, select vealers 6.00, dry cows to 5.25, grassers 2.25 to 3.00, hogs mostly steady to higher with ch 4.95 for 215 lb butchers, sows to 4.40, light feeder pigs 4.50 down. Sheep receipts 6,000 with fat lambs 25-35 cents higher, Idaho range lambs selling around 6.25, natives 5.73-6.10.
Receipts: hogs 17 500 cattle 3 700 sheep 12 000. Hogs steady to higher with 180 280 lb animals at 4.65 4.85, sow and feeder prices noted. Cattle active with fed steers and yearlings showing strength. bulls weak and stockers scarce. Sheep and lambs mixed, feeders firmer, range lambs 6.00 6.35, clipped fed lambs around 6.00 with gains to 6.25. Overall averages indicate moderate demand and price shifts across hogs cattle and sheep sectors.
US Department of Agriculture market report for Kansas City shows hogs receipts at 6,500 with prices by weight class ranging from about 4.40 to 4.90 per pound, and cattle and sheep categories with mixed gains and declines. Strong demand noted for light yearlings and stockers, with calves, cows, and feeder classes listed across weight bands.
Late price reactions largely erased early wheat advances. Berlin wheat jumped briefly 4 percent to 6 cents, but selling orders, mainly hedging, capped gains. Chicago wheat finished unsettled, with July at 48 4, September 51 51, corn down 14 to 1, oats flat to slightly lower, and provisions varying from a 2 cent decline to 25 cent rise.
Market unchanged with prices for corn and oats listed. No. 1 amber durum and No. 2 amber durum values shown, along with No. 1 dark hard and other wheat types. July bids included for several grains.
Live poultry prices show 32 pm activity with Leghorn hens fryers and broilers moving at 13 to 14 cents, ducks steady and roosters weak. Butter receipts and prices range from 16 to 18 cents for various grades, eggs firm with graded extras around 13 to 13 4 cents.
New York produce market report shows prices for vegetables fruits and poultry. Listings include SWEET TOES Dull Jersey baskets and PORK mess demand with midwest spot and poultry items across Long Island and state markets. Receipts recorded at 18 278 and 47 eer with various grade notes and market steady to firm.
Chicago agency issues fresh storage and refrigerator standards with specific rate reductions. Standards announced include fresh standards on July 16 and storage standards on November 18, with earlier egg refrigerator standards on October 16.
Foreign government bonds drifted as buyers waited while domestic issues held a firm undertone. German loans advanced early then eased. Argentine and Brazilian issues rose modestly. U S treasury issues stayed in brisk demand with Liberty bonds quiet. several corporate and utility issues showed mixed gains.
Government Liberty bonds quoted with varied prices across series. Liberty 3 2s closed at 101 9 and 4s at 101 22. Series 3s 40 43Ty June offered around 98 30 reflecting market levels for the period.
Combined hog receipts at 21 yards and 7 packing plants in interior Iowa and southern Minnesota for the 24 hour period ended Thursday were 12,800, up from 4,000 a week ago and 18,400 a year earlier. Prices ranged with light lots around 140 to 160 pounds and carcass values around 4.65 to 4.90, with steady to firm overall tone.
After a dull drift, late Thursday trading sent many leaders down 1 to 2 points. International Shoe fell over 6 while IBM slipped above 3 to new lows. United States Steel, American Telephone, Consolidated Gas, American Can, Case, Public Service of New Jersey, and Allied Chemical fell about 2 points. About 800,000 shares changed hands.
Markets drifted idly as Washington relief measures and Lausanne negotiations lingered. Gains in American Telephone Consolidated Gas Eastman and Corn Products offset by a broad, muted market. International Show sank and earnings from the company showed a six month net of 3.69 million with a 2.343 million deficit.
A late afternoon listing of stock quotations shows Adams Express and Alaska June, along with numerous industrials, utilities, and rail stocks. Major names include Johns Manville, Kennecott, Allied Chem, Kroger, Westinghouse, General Electric, Union Pacific, and Texaco, with varied percentages displayed for each issue. The column captures closing figures, per cent changes, and notable gains and losses across diverse sectors in a dense broker’s page.
Broadcast from AP lists mixed hog price ranges by weight class at Iowa markets on Thursday. Prices vary across categories including light, heavy, prime, smooth packing sows, and good or fair packers with per hundredweight figures spanning roughly 3.65 to 4.60 dollars.
An item lists cotton sack totals of 98 pounds and price ranges for standard middlings from 8.50 to 9.50 dollars. The notation includes figures such as 17.866 and 440 2 ba in 98-pound sacks.
Hog market holds steady as prices plateau after a period of rising values. Top quote reaches 4.40 per unit, indicating stable market expectations for pork producers and buyers.
The notes outline price ranges for prime hogs across weights from 180 to over 350 pounds, including premiums and miscellaneous figures. Packers bids and general calf and sheep market references appear, with attention to quality based lamb classifications.
Local Cedar Rapids market list shows wheat at 80c, yellow corn 24c shelled 27c, oats 23c, and barley 16c. Butter goodwill and baled hay prices noted, plus eggs, veal, hens, and various produce including Valencia lemons at 3.50, cantaloupes 3.00, lettuce 5.00 per crate, and watermelons at 12c.
East St. Louis Illinois receipts: cattle calves and hogs shown with mixed demand. Steers top around 8.65 per hundredweight for heavy animals, cows and bulls vary. vealers higher, hogs steady to firm with bulk prices near 6.00 to 6.50. Lambs and sheep values also listed across weight classes.
U S Dept Agriculture reports receipts for hogs at 4800 with prices mainly steady to lower. cows, bulls, and calves mixed with gains on better grades. Cattle receipts 1250 with firm to higher prices on calves and yearlings. fed steers$7.25-8.50, top bulls $5.00, beef cows up to $4.25. Sheep receipts 2500 with fat lambs 10-25 cents higher. natives top at $6.00, ewes around $1.40, sheep scarce.
The report lists foreign exchange values for Great Britain Denmark Switzerland and Mexico City along with nominal rate references. Includes figures such as Britain 3.56 percent, 11-16 dates, Holland 63, London 19.31, Denmark 19.39, Portugal 3.24, Costa Rica 87.75, Mexico City silver peso 27.00.
Washington dispatch notes two vice presidential contenders Curtis and Garner will barnstorm the West and South to bolster their parties ticket. Roosevelt and Hoover also campaign, with Farley urging Garner to speak widely. both candidates expect to travel many routes, meeting crowds across highways and byways.
Miss L McNamara and M A Buchanan of the Eppley Hotel company of Omaha are visiting the Hotel Montrose, an Eppley hostelry.
Verne Elam a 14 year old son of Mr and Mrs E L Elam 321 Fifth street NW was bruised on the left leg when his bicycle was struck by a car driven by F H Hladek 218 Twenty fifth street drive SE The front wheel of the bicycle was smashed The accident occurred at the corner of First avenue and Fourteenth street at 1 pm Thursday.
Sunshine Mission officials on Thursday announced a drive to maintain feeding facilities for transient and needy men through the summer. Donations of vegetables milk and other items will help stock the mission for next winter and jars may be obtained at the mission.
Alfred E. Smith pledged support to the Roosevelt Garner ticket easing party concerns in Washington. Democratic leaders praised the move as a catalyst for a nationwide sweep with optimistic estimates of carrying 40 states. Smith did not praise Roosevelt by name but his backing is seen as strengthening the eastern industrial states.
Hog prices have climbed due to stronger demand than supply, expected to lift overall farm values. Gates A. Ryder of the Chicago Drovers National Bank notes each carload adds 200 to 300 dollars to the farmer, boosting corn and other grain prices as well. Charles E. Snyder of the Corn Belt Farm Dairies calls the advance an essential economic factor increasing farmers' buying power and impacting agriculture and broader sectors.
Marion committees met at the public library to organize a board of directors led by secretary Mrs. Irving Finger. The group aims to coordinate relief efforts with cooperating organizations and enlist Boy Scouts to collect jars and kitchen equipment for a canning program.
Mrs. L. E. Howell, swimming instructor at the American Legion pool, reports twenty five beginners passed the tests requiring jumping or diving beyond depth, level swimming 25 feet and returning. Read list includes Mary Louise Hardt, Mary Jane Murdock, Louise Flarrery, Irene Crystal, Roberta Randall, Barbara Ringer, Virginia Bowser, Mary Lou Protzman, Dorothy Bowser, Betty Bowser, Gloria Franks, Josephine Beedle, Ann Marie Sullivan, Cedar Rapids residents. Mary Virginia Smith, Mary Ellen Granger, Barbara Clark, Joan Standish, June Milner, Dorothy Mae Ford, Janet Elaine Elder, Mary Ellen Ford, Virginia Leone Martin, Jon residents Arlene Tikal, Dorothy Tikal, Crosse, Wis.
Miss Mary Durham will entertain at dinner Thursday night at the home of Mrs. J J Ives. Guests include Mr and Mrs Luther Brewer and B L Wick of Cedar Rapids, Miss Adeliza Daniels, and Miss Louise Durham of this city.
Miss Hazel Ross resigns from Craemer company Cedar Rapids and will become manager of the Siemens Store in Oskaloosa. She leaves Sunday and assumes the new role Monday.
Iowa State College expert A L Anderson predicts continued hog price strength through summer due to a spring shortage from farmers selling fall pigs early. He urges holding the current pig crop for August and September peaks. Carl Kennedy counters that the rise is temporary until grain prices improve.
Lawrence Gordon will perform a saxophone solo titled The Sax Princess Chenette at the Marion band concert on Thursday at 8 p.m. in the city park. The solo is announced as the highlight of the Marion band program.
Members of the Gleaners division of the Ladies Aid of the Methodist Church and their families picnicked at Thomas Park on Wednesday. Fifty minutes after noon twenty three people enjoyed dinner, followed by a brief business meeting. Guest Mrs. Earl Biggs of Long Beach California attended.
Mrs. Edward Manson hosted the Comforter division of the Methodist Ladies Aid on Wednesday. Refreshments were served to twelve women by Mrs. Manson, Mrs. Harold Howe, Mrs. Delbert Pugh and the Misses Alta and Elva Emerson.
The piece reports Democrats urging immediate repeal or modification of the Eighteenth Amendment to permit light wines and beer, with quotes from Gov George White and other politicians. Editorials from New York Herald Tribune and Dallas News critique the Bingham rider and warn it delays prohibition goals and revenue aims.
Mrs Katherine Zetka aged 50 wife of John Zetka of 337 Fourteenth Avenue SW died at her home at 6 40 p m after a six week illness. She is survived by her husband a daughter Mrs Helen Dimock of St Louis two sisters Mrs C Tatman Mason City Mrs Otto Bigger Quincy Michigan two brothers Joseph Kersek Jackson Michigan James Kersek Blairstown and a granddaughter Delores Dimock. Funeral services will be held in the Barta chapel at 2 p m Saturday conducted by Rev F D Chada. Burial will be in Cedar Memorial park. Friends may call at the chapel Friday evening.
Funeral services for Frank Murphy will be held at St Patrick's Church Fairfax at 9 30 a m Friday conducted by Rev Father Kearn. Burial will follow in St Patrick cemetery Fairfax.
Funeral services for John A Fritz who died at Atkins will be conducted at his Atkins home at 1 30 p m Saturday and at 2 p m at the German Lutheran church Rev G Rickels officiating Burial will follow in Linwood Cemetery Cedar Rapids
Frank C Vittengl was found dead yesterday at his Cedar Rapids home 923 Oakland avenue NE. Born July 21, 1875 in Cedar county he moved from a farm near Ely thirty years ago. Survived by two children John of Cedar Rapids and Mrs Lydia Hussa in Florida, plus four sisters and several relatives. Burial and service details unclear in the fragment.
Cedar Rapids Gazette readers enjoy a Paramount film bill at the Mount venue. The Newsies laughed through a farce featuring Ben Turpin Jack and Andy Clyde with Alex Fidler and Ted Emerson coordinating the showing.
Advertisement notes Gazette Want Ads function as Cedar Rapids rental guide. It highlights listings and services for renters seeking apartments houses and other accommodations in the area. The ad emphasizes a practical resource for locating available rentals and related information.
W. S. Stoufer of Council Bluffs is visiting his daughter Mrs. Carl Ferry this week.
Mr. and Mrs. H. P. Kline spent the Fourth with their son Elbert Kline and family in Norway, joining as guests for the holiday observance.
The W S A club will meet Friday at 12 30 p m at Thomas Park for a picnic dinner. Members are asked to bring sandwiches one dish to pass and table service for the gathering.
Miss Cora McShane of Springville, who recently fell and broke her hip, is being cared for at the home of Mrs. Fred Breneman.
John McGuire, who spent several days visiting his uncle and aunt Mr and Mrs Edward McGuire and their family, has returned to his home in Delhi.
LeRoy Benedict underwent an operation at St Luke's hospital Cedar Republic. The condition was reported as fair Thursday.
The True Blue division of the Ladies Aid met at Mrs. R. B. Russey's home. They planned an August 3 picnic at Thomas park. Junior Russey performed piano pieces. Refreshments were served to sixteen people by Mrs. Russey and three others.
Mr. and Mrs. Harry Harlan and daughters Joan and Kathryn of Marshalltown visited Mrs. L. C. Harlan for the Fourth. The girls remained a week for a visit with their grandmother and other relatives.
The Loyal division of the Methoo dist Ladies Aid society met Wednesday at Mrs Glenn Cheadle's home. Mrs Charles Granger led devotions with the Ninety first Psalm. The August meeting will be a picnic at Mrs Owen Turner's near Marion. Refreshments were served.
Eleven members gathered Wednesday in church parlors for social visit. Mrs. K. M. Saunders and Mrs. Frank Minor provided refreshments.
Mrs. Carrie Cowan and her daughter Elsie of Los Angeles, who have been visiting Spirit Lake, have arrived in Marion to visit at the home of W. J. Greer. Mrs. Cowan and Mrs. Greer are sisters.
Mr and Mrs Claude Johnson of Akron Ohio visited the George Reichard home on Thursday. They are cousins of Benjamin Reichard.
Miss Theodora Hobey of Swea City visits Miss Leone Neill. The meeting appears social in nature with no further details provided.
Mrs Roy Sell of 350 Eighth Avenue hosted the Newell Trimble amelon of the Woman's Missionary Society at the Christian church on Wednesday. Mrs Lester Peck led the lesson titled Southward Bound focusing on China and Africa. Mrs Floyd Emmons read an article on paths of Service.
Mr and Mrs Carl Cherry completed a trip spent the Fourth in Chicago with Mrs Cherry’s sister Mrs Eugene Seelig returning home.
Members of the Presbyterian church choir and their families will picnic Thursday night in Central City Park. They should meet at the church at 6 15 p.m. and bring the usual picnic requirements.
Mrs. W. E. Peddycourt hosted the Keystone division of the Methodist Aid society on Wednesday. The group spent the afternoon sewing and eleven members were served refreshments by Mrs. Lee and Mrs. G. M. Hutch.
Miss Ethel Cline of Omaha is expected here the last of the week for a short visit with her parents Mr. and Mrs. C. A. Cline.
Mrs. Margaret Yocom, Mrs. Forest Olson and Miss Margaret Olson of Iowa City were dinner guests Wednesday in the home of Mr. and Mrs. T. A. Yocom.
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