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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 16, 1935
Page
5
Blistering summer heat boosts merchandise movement across the nation while wholesale markets stay cautious awaiting price clarifications after the code removal. Auto production holds high, residential construction expands, coal strikes delayed, and department stores see sales rise though wholesale activity remains subdued.
The wool market shows initial hesitation but improves late in the week. Movement began with medium fleece wools from the Midwest and extended to Boston’s mill offerings. Ohio and similar fleeces stay at 30 3/16 in grease. bulk French combing wools hold 68 to 70 cents in original bags as demand firms.
Chicago reports show wheat prices sinking to their lowest since May 1934 due to widespread ideal crop conditions in the North American wheat belt and abundant spring rains. Corn markets steadied as dry weather in the corn belt reduced demand, with some July corn and July wheat trading above preceding levels. Oats fell modestly while provisions firmed on expectations of shrinking lard supplies.
Bond market gains extended for rails and utilities on Saturday in New York. U S government loans showed steadiness with restricted trading while junior railroad loans saw some declines amid weekend adjustments and profit taking. International Telephone bonds rose as Postal Telegraph reorganization weighed, Postal Telegraph 5s fell further. Foreign loans generally higher as transfers totaled 6.084 million par value versus 4.516 million last Saturday.
A compact study urges readers to view money as a scepter over desires. It argues that advertising informs and persuades, shaping purchases from automobiles to hats, and that smart shoppers seek value, style, and personal satisfaction through careful comparison. The piece notes advertising helps selection and venerates sincere, friendly marketing.
Six four person teams from Great Britain France United States Switzerland Belgium and Holland competed in Rance with England undefeated and France second The US team comprised Americans living in France captained by Colonel Barclay Best score by Colonel Walshe and Mr Frost of Britain The Grand Coup technique is critiqued Readers may obtain Bridge Rules and Etiquette from The Gazette via Joseph Culbertson address in Cedar Rapids South Dealer East West vulnerable.
This hand analyzes takeout double potential and honor trick limits with vulnerable overcalls. South overbids due to strong trump fit, risking failure if North cannot bid six. The five level contract becomes complicated and unlikely to make.
Shares rose to new highs as optimism and calmer nerves in the financial district encouraged buying. Traders cited stability after the NRA decision, bright business prospects, and a push for profitable employment of idle funds. Rails rallied on crop outlook and cost cuts, while American Can and Phillip Morris advanced.
The hog market remains steady with prices topping at $9.25 per unit and no changes since Thursday. Kill figures and demand appear unchanged as buyers watch the market.
Grocery list from Cedar Rapids shows prices for corn shelled at 74 78e per bushel, parsley and lettuce crates, lemons and potatoes priced per unit, pineapples at 3.80, fresh peas at 1.00, celery at 0.00, cabbage at 2.00, and beans with hampers totaling 292.58. Also listed are hides and cured hides with varying rates and miscellaneous items including strawberries and blueberries.
Linn County Abstract reports conveyances and mortgages recorded from June 7 to June 13 with a comparison to the prior month. Conveyances show a week’s activity and mortgages total an aggregate value of 55 879.37, while the corresponding week lists 46 00 in mortgage totals.
In Memphis and Jackson Tennessee Judge John D. Martin cuts excessive bankruptcy and receivership fees. He rejects $800 and $15 petitions and reduces referee office expenses, signaling a drive to conserve assets for creditors and debtors during reorganization.
The market lists currencies with figures for Great Britain, France, Belgium, Germany, Sweden, Norway, Denmark, Finland, Spain, Portugal, Greece, Poland, Czechoslovakia, Yugoslavia, Austria, Roumania, Brazil, Japan, Hong Kong, Mexico and Canada. Montreal and New York quotes appear with fractional and percent values.
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