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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 15, 1932
Page
11
Chicago prices fell for the straight day, with receipts up and demand weak amid heat. Hog quotes ranged around $4.60 to $5.10, down 10 to 15 cents, as heavy hogs and light hogs changed hands slowly. Cattle and sheep rounds showed softer bids, with totals from Chicago and Cleveland reflecting sluggish trade.
Chicago reports a sharp drop in grain values as selling and hedging push wheat to new seasonal lows near the close. July wheat hit around 454 1/2, with corn and oats also weakening. cash prices, receipts, and car shipments are noted amid a broad market slide.
Kansas City and Omaha market notes show hogs and cattle receipts slow with mixed bids. Hogs top around 4.50 per hundred pounds, cattle prices vary by weight class with feeders, vealers, and cows trading unevenly. Sheep and lambs show softer demand, while regional reports contrast with steady to lower prices across multiple grades.
Grain prices listed for wheat corn oats rye and barley with bids by quality. Lard prices shown for loose lard ribs and bacon cuts across multiple quotes.
AP dispatch from Minneapolis lists wheat and corn bid prices with moisture and protein content notes for various grades. It includes No 1 northern, No 2 red and amber durum, and corn No 2 velinw with mixed figures and percent protein readings.
Market reports from New York and Chicago show mixed activity across commodities. Potatoes onions and sweet potatoes hold steady while pork, lard, and dressed poultry display firm demand. eggs butter and cheese receive steady receipts with varied pricing.
The report lists various country currencies with nominal exchange values against a base unit. It includes France Italy Germany Sweden Switzerland Spain Portugal Poland Czechoslovakia Yugoslavia Austria Romania Argentina Brazil Japan Mexico and other nations with figures such as 3025 for France ellipses indicate broader market data and conversions.
Local hog prices declined twenty cents with all grades weaker. Top quote holds at 4.20 as Sinclair market reports prime hogs in several weight ranges and good packers prices vary by weight and quality amid broader calf and lamb market notes.
Markets closed mixed with heavy turnover near a million shares. Major losses hit American Can Allied Chemical Eastman Kodak and Union Pacific while US Steel edged lower. bargain buying and new utility bond issues offered some support amid a cautious mood.
Cattle receipts reach 2700 with a very slow market and a downward tone. Better grades quoted around 725 to 850 with low cutters at 150 to 295. bulls at 250 to 275. vealers 300 to 550. hogs 5500 head average lower by 1.8% to 4.0% with packing sows around 400 to 450. Sheep receipts 4000 with a steady to lower run and washed weights mixed. slaughter cattle price pressure noted.
Be Skinner a Civil War veteran and retired businessman dies at 640 am Thursday at 141 Thirty third street NE after a long illness. He leaves a wife two daughters Mrs F M Corry Birmingham Ia Mrs Effie Hope Garden City Ia and son B E Skinner plus eight grandchildren and four great grandchildren. Crescent lodge A F and A M Cedar Chapter O E S White Shrine and the Methodist church are noted. Services will be held at the grave conducted by Crescent lodge with arrangements announced later. Friends may call Turner chapel.
Funeral services for Mrs Lulu Carpenter at the Turner chapel at 4 p.m. Friday conducted by Mrs Erma Lowe, Scient ist reader. Burial in Rockwell Indiana at 3 p.m. Saturday.
Washington reports the fate of the home loan bank bill with a billion-dollar currency inflation rider is in doubt as Senate and House conferees seek to resolve disputed points. Supporters hope for agreement and a possible Presidential signature despite the inflation feature.
David J. Luick of Chicago Illinois and Laura Virginia Cherry of Cedar Rapids Iowa have been issued marriage licenses.
New York bonds held near the week’s high prices as domestic issues rallied while foreign government bonds saw mixed results. Rail bonds rose with gains spread across major names including Baltimore and Ohio and Missouri Pacific Southern Railway. Utilities reported strong new issues totaling 35 million dollars and government securities showed steady to firm action with notable fractional gains in treasury issues. Liberty bonds closed with several series reported at or near recent highs.
Markets report mixed activity with flour prices in Minneapolis and Toledo listed. Livestock receipts at St Joseph Mo show hogs mostly steady to down, cattle steady to lower, and sheep very slow with bids collapsing from early levels.
Readable prices for wheat oats rye barley corn hay and straw milk eggs poultry fruits vegetables and produce items with multiple regional entries and price figures. Various items include California Valencias cantaloupes Michigan celery Texas onions and melons among others with numeric price data and lot descriptors.
The Senate withdrew approval of the Norbeck emergency farm relief bill on a motion by Senator Bingham indicating the measure is dead for the session. It would have paid farmers tariffs plus domestic price for wheat and hogs and added five cents per pound on short staple cotton.
The Clayton county board of supervisors to reduce expenses decreed that only families without a dog can apply for poor relief and that anyone who can afford a dog cannot be a pauper. The move targets expenditures and uses a dog ownership test to qualify for aid.
Twenty five carnival troupe members were ambushed in Mechanicsville Maryland. Three are critically wounded at Casualty Hospital Washington. A pitch man was shot in the abdomen and may die at Leonardtown hospital. State troopers say enraged farmers attacked the carnival with its wheels and raffles.
Idaho Governor C Ben Ross pressured oil companies operating in Boise to justify gasoline price spikes. Telegrams promised meetings in Boise Saturday with representatives en route, signaling results from the governor’s campaign to lower state prices.
The Transylvania liner sails with 600 American Bible Conference members on a seven day Bermuda Halifax cruise. A soda fountain and soft drink station replace bars, with all liquor locked away. Dr. Donald Barnhouse, who organized the trip, states there will be no dancing or popular music aboard.
Former Virginia Republican leader C Bascom Slemp after meeting President Hoover predicted the president would take a clear, unequivocal stand on the Republican prohibition plank and on the Eighteenth Amendment repeal in his acceptance speech. He said the repeal tide is growing too strong for Hoover to avoid a definite statement.
Chicago health officials offered tips to stay cheerful and healthy in heat. Avoid sun exposure and heavy meals, skip ice-cold drinks when heated, wear light clothing, and bathe frequently as advised by City Health Commissioner Herman N. Bundesen.
Two men robbed the Bank of Creelsboro in Russell County Kentucky taking an undetermined amount of money and abducted cashier James Popywell on Thursday afternoon. The incident occurred 18 miles from Columbia as police investigated the motive and searched for suspects.
Rear Admiral Albert Sydney Snow aged 86, U S Navy retired and former commandant of the Boston Navy Yard, died late Thursday at Corey II hospital Brookline Mass. He served in the Civil War Spanish American War and World War I and held the presidency of the general court martial during World War I. He had been ill for some time.
The article details the opening of a community canning kitchen in Marion led by Mrs George Starks and urges donations of vegetables for unemployed relief. It notes local groups coordinating welfare to avoid duplication and conserve food for distribution, with Miss Titus coordinating contributions. It also lists various social visits, meetings, and obituaries in the area.
The creditor powers dispute ratification timing tied to a satisfactory postwar debt settlement. They may explain positions to parliaments without detailing the German accord. If a settlement with their own debts fails, ratification of the Germany accord may be delayed and legal positions revert to the Hoover moratorium. Signed July 2 on behalf of Belgium, Britain, France and Italy.
Van H Manning Sr longtime head of the American chemical warfare service died at 70 in Queens. The World War figure later served as a consulting engineer and was director of the Bureau of Mines during the war. He helped advance helium production reducing costs.
The House passed a bill extending the period for free government transportation for the bonus marchers by ten days. The original measure authorized $100,000 for veterans’ transport and subsistence and set an expiration of July 15.
Joseph Visch, 18, of 134 Hayes Street SW suffered brain concussion scalp wounds a wrenched shoulder and other injuries when his bicycle collided with a car driven by W J Prochaska of 820 Fifth Avenue SE on C Street at Sixteenth Avenue SW around 4 35 p m Thursday. He rode from behind a street car and against the other vehicle and was knocked unconscious. He was taken by ambulance to Mercy Hospital and regained consciousness about two hours later.
Dora Braggs 23, accused of slashing her husband Louie Braggs with a razor on June 20 faced an assault charge in district court. Judge H Ring sentenced her to 30 days in county jail effective June 17, after a trial on the assault with intent count. Braggs suffered 17 wounds with about 100 stitches needed.
Cruel and inhuman treatment alleged by James E. Fee against Merna Lucille Fee and George Kisinger sues Florence Kisinger in district court.
The Mid-States Grain Corp of Cedar Rapids filed articles of incorporation with the secretary of state. Officers: C. D Thorsen president, Charles W. Kriel vice president, John Lt. Schwab secretary treasurer, all of Cedar Rapids. Capital stock will be 200 shares of no par value.
The U S Circle met at Mrs Russell Singleton home on Wednesday with nineteen members present. Mrs D I Hoskins gave a talk on National Flowers followed by readings by Catherine Wiley, Mrs Frank Webber and Velda Berry. The next gathering will be a picnic at Thomas Park on August 10.
Mr and Mrs J D Buhrman of Marion announce the marriage of their daughter Violet Viola to Maurice E Wilson of Cedar Rapids. They wed in Crown Point Indiana on July 2 by Rev G Schick. They then traveled to Chicago for a few days. Mrs Wilson attended Marion high school and Mr Wilson graduated from Grant high school Cedar Rapids in 1931.
Royal Canadian Mounted Police report two unknown assailants killed forest ranger Lawrence Lees in his Riding Mountain Reserve cabin and left Mrs. Lees critically wounded.Authorities probe motive as village residents react with shock.
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