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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 11, 1935
Page
6
Chicago market reports show hog prices held at $10 top and nudged up to $10.05 for good medium hogs as demand remained cautious. Cattle and sheep trading were uneven with large imports and varied bids, while buyers sought to reduce the $16.00 hog price target.
Wheat prices held in a narrow band on the Chicago board of trade as traders paused amid uncertainties. July wheat rose to 83 55 cents while corn edged up and oats gained, with rain delaying planting in Illinois and Canada preparing for potential compulsory pool legislation. The market waited for the government crop report and global factors as liquidity and Winnipeg exchange concerns weighed on decisions.
Chicago and Iowa livestock market roundups show hog receipts around 14 000 with varied weights and prices from 8.50 to 10.50 per cwt, cattle receipts about 11 000 with steer and heifer bids mostly steady to weak, and sheep activity steady to down. Des Moines listings note 27 800 box receipts, prices generally steady to 5c lower, with light weights at 8.10 to 8.90 and heavier lots near 9.30.
Local hog prices show light weights rising by a dime while heavier grades slip a nickel. The top price holds at 9 dollars 50 cents.
Grain prices for wheat rye barley and corn with various shelling and ear figures. Wholesale fruits such as Valencia oranges Texas grapefruit lemons strawberries and pineapples priced per basket crate or dozen. Livestock hides and animal products listed with grade and price details.
Receipts and price details across butter eggs and poultry in Chicago and New York markets. Butter and creamery products show unsettled and varying scores with firsts and extras priced around 22 to 25 cents. Eggs report mixed colors and standards with storage packed firsts near 24 to 27 cents. Poultry receipts include live birds and turkeys with multiple price points, while potatoes show on track supplies and steady demand. Chicago futures note butter and egg futures with storage standards and June prices.
New York bond market remained slack but steady as corporate issues edged higher while governments advanced. Treasury program signals and ordinary receipts from weekly bills support the funds balance. notable issues include American Telephone 5s and Union Pacific 4s with mixed foreign bonds.
Chicago and Minneapolis markets show mixed bids for futures and cash grain. wheat and corn prices vary by grade with No 1 northern and durum notes, while oats and soybeans quote for No 3 white and other grades.
The piece notes flour market activity in Minneapolis with price details and shipments, alongside a cautious but improving tone in Boston wool quotations. It also lists foreign exchange rates for multiple currencies, including Great Britain, France, Germany, and others, with mixed demand and regional price movements.
RAW SUGAR in New York opened unchanged at 83.35 for spots. Futures edged 1 to 2 points higher then stayed inactive due to holiday mood and refiners’ reluctance. Early sales centered on Dec No 3 at 2.44 to 2.45 with later offerings at the Inside Market. Refined prices unchanged at 5.25 for fine granulated.
Trading on Monday saw leaders pull back modestly while overall activity stayed limited. Mullins Manufacturing preferred rose about 10 points in a light turnover, with American Crystal Sugar preferred up 2 and several others inching higher. Allied Chemical and several large names fell. Transfers near 550,000 shares accompanied a cautious session as markets weighed NRA negotiations and mixed trade news.
Delegations from four Iowa Shrine temples joined the sixty first conclave in Washington as red fezzes patrols and bands filled the capital streets. Represented were Za-Ga-Zig of Des Moines, Kaaba of Davenport, El Kahir of Cedar Rapids, and Abu Bekr of Sioux City.
Announcement in several churches Sunday sets a new Sunday timetable starting next Sunday. Participating churches are First Baptist First Congregational St Pauls Methodist and First Presbyterian. Sunday school starts at 9 oclock and morning worship at 10, through August with union services in St Pauls during August.
In Salt Lake City a suspect describes her reaction to a ransom bill and denounces the kidnappers. Margaret Waley is identified by agents after calmly recounting where she obtained the money. Detective W. W. Rogers notes the admission and references Wey erhaeuser ransom funds.
Kathryn Thomas 73 died at her daughter's home 602 McKinley SE Cedar Rapids at 5 15 a m after months of illness She was born May 14 1862 in East Amana and was married to John V Thomas in 1882 Survived by five children and seven grandchildren Funeral services Wednesday 830 a m at the Low residence and 9 at St Wenceslaus Church Burial in St John Cemetery
Word came Monday of the death of Mrs. George Van Tassell in Pasadena California where the family has lived for seven years since leaving Cedar Rapids. She is survived by her husband a retired Milwaukee railroad conductor and a son Claude of Port Angeles Washington.
Funeral services for Mrs Anna B Nelson will be held Tuesday at 3 p.m in Bethel A M E Church conducted by Rev J W Collins. Burial follows at Linwood cemetery. Friends may call at Beatty chapel from 7 to 9 p.m.
Funeral services for Mrs. Bertha L. Musgrave will be held in the Barta chapel Wednesday at 1.30 pm with Rev. Melvin L. Welke of Peoples Church officiating. Burial will follow at Cedar Memorial Park. She was a member of the Dairy Dale Community club. friends may call Tuesday evening.
Adeline Steggall sues John W. Steggall in district court on cruelty grounds. Married in Independence in 1926. She seeks custody of two minor children, division of household goods, and support money.
Ida C. Bowdish was awarded a judgment of 1113 dollars in district court on Monday by Judge John T. Moffit after the defendants C. W. Pollack and T. W. Pollack defaulted in a promissory note action.
J E Campbell of Mexico City past grand master arrives with sons for the 92nd Iowa Masonic grand lodge annual communication to begin Tuesday at 9 a.m. at the Shrine Temple. Officials from Minnesota Missouri Nebraska and Iowa prepare for sessions through Thursday with registration at the Roosevelt hotel.
The city council sped up the process to issue a beer permit for Club Royale after denial of renewal to former owner John Kennelley due to a gambling conviction. Alicin Rathje appeared as new owner to transfer the license to 1315 K Street SW, with building department approval pending and the license valid only until July 1 as state law changes reduce class B beer licenses from about 140 to 82.
Cedar Rapids Tennis Association assumed control of the Coe courts on Monday for the 1935 season with Chuck Roberts in charge. New nets installed and Roberts will assist Secretary Erwin Wasta. Several women players have shown interest as membership opens to them, led by former city champion Margaret Biederman.
Mr and Mrs Charles Mraz announce a daughter born June 8 at Mercy Hospital. Usher and Mrs Usher announce a son born June 8 at Mercy Hospital. Mr and Mrs Everett Bowen announce a son Arthur Franklin born June 9 at Mercy Hospital. Mr and Mrs Joseph Toman announce a daughter born June 10 at Mercy Hospital. Mr and Mrs Ivan Dorman announce a daughter Dolores Jean born June 8 at Mercy Hospital.
Leslie Wilson Lawrence and Blanche Marie Stolba, both residents of Cedar Rapids, received marriage licenses.
Marion residents hear church and club updates as the Woman's Missionary Society meets at Miss Minnie Whitcomb's home with devotional led by Mrs Josephine Whitacre and a sewing program. Local youths audition for a new baseball team at Athletic Park while the American Legion junior squad travels to Auburndale for a Coggan game. Various visits, license renewals, picnics, and meetings fill the week across Cedar Rapids, Mount Vernon, and surrounding towns.
DES MOINES AP Assistant Atty. Gen. Clair E. Hamilton said he wrote for a copy of the Wisconsin supreme court decision holding the chain store tax unconstitutional. The ruling found the 1933 tax arbitrary and discriminatory and may influence Iowa litigation on its own chain tax law.
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