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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 03, 1932
Page
24
Reactionary trend at most markets as trade slackens. Prices for hogs, vealers, and fed cattle show limited gains with receipts steady. Sheep and lamb values also slip from recent highs, with top lambs near 5.85 and ewes around 1.00 to 1.50, while cattle values remain mixed.
A local estimate notes about 4,000 sheep affected in the weekend incident. Paragraph mentions Papmetes and Ceicago OO ik as possible places or entities. No clear dates or organizations provided.
Chicago markets showed a reactionary pullback as trading slowed while some districts posted gains amid active demand. Prices hovered near steady with declines in Cleveland and mixed moves in Pittsburgh, East Buffalo, and East St. Louis. totals reached 33,700 head in Chicago and 9,000 in East St. Louis. Bulls and heifers ranged widely in steers and cattle listings, with heaviest activity in late week reprices and lamb markets strengthening for natives and city butchers.
U S Department of Agriculture market notes show hog receipts around 19 000 head with varied bids across weight classes. Cattle demand steady to firm with calves strong as grass cattle and yearlings trade to $6.40 top. vealers 5 50 to 6 50, bulls and cutters also listed. Sheep demand firm with good and native ewe and wether lambs around 6 00 to 6 50 and various weights showing activity.
Kansas City market reports show hog receipts steady to uneven with 5 100 head off. Cattle receipts total around 1 000 calves about 200. Market activity varied with slower trade through the week as buyers and sellers adjusted to prices.
Cattle market mixed with feeder steers and heifers mostly steady to fully steady while fed steers and yearlings hold. No choice loads in heifers and cutter grades around 1.50 to 2.50. Sheep receipts around 5,500 with direct to packers, native lambs around 6.00 to 6.15 and fed wooled Californias at about 6.10 for 92 lb ewes to 60 lb yearlings in new crop lambs.
South St. Paul market notes active cattle receipts with steady to firm values for steers yearlings and bulls. Hogs show weak barrows and gilts with sow prices steadier. pigs and packers trade, Thursday bulk around 2.86 per cwt. Sheep at 12 000 head with steady demand and slaughter lambs bringing about 6.00 to 6.25.
U S Department of Agriculture cattle receipts 5060 active demand. Slaughter steers and yearlings strong up to 25 cents higher. Fat stock strong. other classes little changed. Hogs receipts 6000 steady to lower with some weakness. top 2.85 to 3.00 per 100 pounds. Sheep receipts 1000 direct sales largely steady with lambs at 6.00 to 6.15 and clipped yearlings 4.75 to 5.00.
Combined hog receipts at 21 Iowa and southern Minnesota plants for the 24 hours ended 8 am Friday totaled 26,300, up from 25,300 a week earlier and 19,700 a year ago. Prices ranged from about 2.25 to 3.05 per pound across weight grades and lineups.
Cattle receipts 450 calves 50 with few loads steady overall. Steers and yearlings mostly higher but light supply. grass cows discriminated against. Hogs top 3.15 bulk 160-300 lbs. sows steady near 2.60. Sheep receipts 1,500 lambs steady to 10 cents higher, top 6.25 for best Texan and natives 5.50 to 6.00.
Hog price list shows varied bids by weight and type across Iowa markets. Prices range from around 1.65 to 2.85 per cwt with legs for light, medium, heavy hogs and sows, and Packers quotes for good and ready readiness.
Local price notices show buyers and firms in Cedar Rapids area listing commodities. Entries include grain oats corn various poultry hay straw and wholesale fruits vegetables featuring providers such as Mesquakie Mills Earth Produce Co and Polehna Brothers and Co with prices for hens leghorn hens broilers and assorted produce.
The region is famed for its rich soil and abundant natural resources earning the moniker Storehouse of the World, reflecting its role as a vast reservoir of minerals and sustenance for global needs.
Grain markets show mixed moves with wheat easing after early highs while corn oats and rye track wheat. Cash prices largely steady with modest gains for some reports. receipts noted and exports claimed at several million bushels. Provisions hold firm as bond and utility shares advance in broader market rally.
In Chicago market notes from AP prices show No 2 red wheat at 55 cents, No 4 red 55 1 2 cents, No 2 mixed 56 1 2, corn No 2 mixed 20 1 2, No 3 mixed 29 1 2, rye and oats varied with No 2 white oats at 30 1 2, lard and pork products steady with lard at 3 60 and ribs at 4 37, bellies 4 25.
Receipts of 61 cars reported with prices for cash wheat grades and durum types, including No 1 northern at 61 4 62%. No 2 amber durum around 59 64 cents, July and September bids shown. Corn No 2 yellow around 29 cents, oats No 2 white near 21 to 22 cents.
AP dispatch from Chicago records poultry butter eggs and potatoes with varied receipts and steady prices. Poultry shows fowls broilers leghorn roosters and turkeys at fractional cents per pound. butter receipts at 14 979 with creamery specials and firsts listed. Potatoes Idaho russets No 1 priced 1.00 to 1.15 per cwt and new stock. Texas and Oklahoma Bliss No 1 at 1.50 to 1.75 with some best at 1.85 and heated 1.35.
Market bulletin lists potatoes, onions, poultry, milk, and corn product prices. Notable items include Maine potatoes at 1.80 per bushel, Idaho at 2.25 per sack, Canada at 2.26 per sack, Jersey sweet potatoes 35 cents each or 1.60 per basket, and spring patent flour at 4.20 per barrel. Poultry shows geese 12 cents, fowls 18 cents, turkeys 10 cents, chickens 27 cents, and milk marked fancy to 1.04 per quart with various receipts and market notes.
The York bond market firmed on Friday with several issues at record depths staging a buoyant advance. Dealers cautioned about potential profit-taking while investors chased gains as prices rose across multiple bonds.
Wall Street shares rose strongly in morning trading but pared gains by afternoon as bonds rebounded and investors moved to take profits. Volume reached about 2 million shares with utilities and rails leading advances, while U S Steel dropped from earlier highs and bond market bids cheered dealers.
Fragmented list shows stock prices and percentages for numerous firms including Adams Express, Allied Chem, Amn Tel Tel, Kennecott, Lorillard, Louisville Gas, McKee, Anaconda Copper, Kayser Julius, Amn Can, Nash Motors, Pan Am, Pabst, Procter Gamble, Coca Cola, Palmolive, Colgate, Col Gas & Elec, Public Service, US Steel, and more. The entry references a market page likely from Adams Express and other firms with varied percentage changes and financial figures.
A congressional hearing probes stock manipulation with claims that Republican supporters of Hoover engaged in short selling for profit. David Lion testifies on publicity work for brokers, admitting he received calls on stocks and that promoters could supply 25 000 shares to boost prices.
Livestock receipts at East St. Louis cattle and hog market show steady to active trading. Cattle varied with slaughter steers $5.50 to $7.00 per hundredweight, mixed yearlings and cows down to $2.75, vealers rising to $6.25. Hogs top at about $3.50 to $3.75 with sows around $2.50 and lean cuts mixed. Lambs around $6.50 to $6.60 with ewes lower near $1.50, and rump prices listed for various weights.
The New York foreign exchange market shows steady demands with rates in cents for multiple currencies. Notable figures include Germany 23.68, Sweden 18.99, Switzerland 19.59, Tokyo 32.44, Montreal 87.75, and Mexico City silver peso 28.75, with overall nominal rates listed.
Government advertisement listing Liberty Bond offerings with Treasury 4s and 3s values and June maturity details. Notes include price quotes around 96 for the 3% series and 44 to 54 for the 4s with exact issue references.
Toledo market report lists prime hogs at 9.060 per cwt and LSIKE Cesh at 8.75. Timothy hay priced per hundredweight with 80 cent per cwt noted.
AP dispatch from Chicago notes May 7 that auto prices remain steady with no significant shifts in trading or market indicators.
Fragmented OCR notes reference refrigerator standards and dates including June 16 and July 16 with storage references. No clear event or persons provided.
Hugh Chalmers, 59, founder of the Chalmers Motor Car company and pioneer auto manufacturer, died after a week of illness in Craig House hospital Beac on. A severe cold developed into pneumonia during treatment.
The House Ways and Means Committee, on a party line vote, reported the $2,309,000 Garner unemployment relief bill with minor revisions. It adds a five day work week on public works projects and incorporates a $15,000,000 Army housing program from the Military Affairs Committee.
Administration pushes a plan authorizing the Reconstruction Finance corporation to loan 300 million dollars to states for city relief, while Democrats press a 2.3 billion Garner program. Senate talks and White House spokesmen seek a fast vote amid a bond issue showdown.
Mayor George A. Dale of Muncie Indiana was sentenced to 18 months in a federal prison and fined 1000 dollars for conspiracy to violate the prohibition law. He led a group including Frank F. Massey and Corbett Johnson in the Muncie liquor conspiracy case. Other defendants received sentences from 90 days to one year and a day plus fines.
OTTUMWA AP J R Curry of Rock Island posed as head of a chain of automobile laundries and pled guilty to obtaining money under false pretenses. He received seven years in Fort Madison penitentiary. Judge E K Daugherty noted Curry operated in multiple Iowa cities including Cedar Rapids and Davenport and that equipment never arrived after local agencies funded it.
In Minneapolis a move to admit women at Luther College Decorah Iowa was introduced at the Norwegian Lutheran Church of America biennial session and sent to the board of education. Four trustees resigned amid a likely bitter fight as the convention eyed the resolution.
Riverton Wyoming rejected a $70,000 federal post office appropriation. A Lions Club meeting of local businessmen recommended Congress save the money, deeming the appropriation unnecessary and uncalled for.
Licenses applied for by Sidney Black of Atkins and Velma Porter of Cedar Rapids. Also listed are Lester Paul Frezek and Joyce Laurene Gormly, both of Linn.
The state sought to restrain Banner Howard from practicing medicine and surgery without a license. Judge H C Ring denied the injunction after hearings showing Howard used manipulative treatment only and had 21 years of practice in Cedar Rapids. The state supreme court previously reversed Linn County action and remanded for hearing.
An action by Co. W. Maurer as assignee of Roux Granite against C. E. Briggs and C. H. Briggs doing business as Briggs Monument Co. was dismissed before Judge H. C. Ring in district court.
Jerry Dutrt, 41, of 2018 A avenue NE, was fined $25 and costs in police court Friday for intoxication.
Rudolph Drakozal of 1606 Thirteenth Avenue SE received permission from the city building department to build a $3,000 dwelling at 2040 D Street SW on Friday.
F W Burrill, real human and mechanical doll man, performs robot acts in the J C Penney display at 109 Second Street SE. Burrill will be seen Friday and Saturday between 1 PM and 4 30 PM, drawing crowds as onlookers debate if he is real or mechanical.
John Blackford of Toddville paid a 15 dollar fine plus costs in police court Friday for speeding. Bernard Stephan of 1530 Washington Avenue SE and FP J Krall of 226 Third Street NW were fined 2 dollars and costs each for driving through a funeral procession. Others fined 2 dollars and costs included C M Kepler of Marion for overtime parking L Mildenstein YMCA parking without a rear light and A L Hardman 827 Twenty first Avenue SW for entering an arterial highway without stopping.
Professor Frank Almy, 66, head of the Grinnell college physics department, died Thursday noon from complications after a right leg amputation on May 9. He taught at Grinnell for 39 years and is survived by his widow, a daughter Mrs. Everett Martin of Mitchellville, and two sons Frank of Muskegon and Donald of Omaha.
Anton Langer 73, long-time Walford resident, found dead in chicken house after haying. Coroner rules cerebral hemorrhage. Survived by widow four daughters fourteen grandchildren and six great grandchildren. Funeral services in Walford with burial at Hala cemetery.
Hollywood dispatch reports the Brown Derby cafe was robbed by an unmasked scar faced bandit who took $200 from the cashier and $800 from guest M. L. Hirstein as scores of motion picture celebrities watched in amazement.
Floods from the North Canadian river left four bodies recovered and twenty people missing as waters receded. Red Cross led relief with R J Benzel in charge. Salvation Army provided food. National Guardsmen and firefighters assisted under Adj Gen Barrett. Area from Yukon to Shawnee suffered damage estimated over 700000 dollars after seven inches of rain.
Mrs Moses Alexander of 858 Second Avenue SE Cedar Rapids died in a local hospital at 4 15 am Friday after a lingering illness born March 31 1898 in Linn county she had lived in Cedar Rapids five years survived by husband two daughters Pearl and Helen Bobst mother Olive Ilgenfritz one brother Glenn Ilgenfritz two sisters Florence Harr and Hazel Campbell funeral at the Presbyterian church Springville at 2 30 pm Sunday burial in Springville cemetery
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