Hogs Firm in Upper Market as Trade News Move
Market news reports bullish trend in hog futures amid uncertain grain outlook. Traders note mixed signals from Navani and Naseem sides, with potential impact on meat values and farm cash flow.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 18, 1934
Page
15
Market news reports bullish trend in hog futures amid uncertain grain outlook. Traders note mixed signals from Navani and Naseem sides, with potential impact on meat values and farm cash flow.
Wall Street advanced late Thursday led by metal stocks amid a new agreement with the Senate silver block. U S Smelting, Howe Sound American Smelting and others rose 3 to 6 points while American Telephone, U. S. Steel, General Motors, Du Pont and Case gained 1 to 3. Trading cooled after a brief surge with about 1,250,000 shares changing hands.
Market notes indicate Farmers in Iowa and surrounding sections faced chinch bug damage and dry weather, with wheat opening higher on firmer weather news. Traders booked profit after the upswing as activity cooled, cash prices steady and receipts counted in dozens of cars.
New York trading opens with a mild inflationary uptick as Washington and Congress reach a deal to broaden silver use, lifting certain commodity shares while wheat prices waver. Investors await shifts in monetary policy and farm supply signals.
Local Cedar Rapids listings show wholesale prices for fruits vegetables and poultry with California Valencia oranges and grapefruits, various potatoes and crates of produce, bananas and tomatoes, plus hay and grain rates. Readable figures include prices per basket, crate, and ton with references to bales and hogs.
Fragmentary OCR data shows prices for wheat corn oats and rye with scattered numbers and garbled names. No coherent event or identifiable entities beyond generic commodity terms and unparseable lines.
Two men were injured in a car crash near Centar Pont. The incident damaged vehicles, with one driver sustaining head and leg injuries and the other suffering facial injuries. Police are investigating the cause.
A Cedar Rapids Gazette appeal tells of Jimmy an eight year old who only eats pancakes due to poverty. The piece recounts a health demonstration by Public Health Nursing assoc and notes a dollar Jimmy earned will fund meals for his brothers and other undernourished children at Camp Good Health this summer.
Paul Kovactk of 1627 K street SW was rushed to St Luke's hospital at 2 15 p.m. after his light delivery truck collided with a car driven by Mrs W B Ives of 122 Eighteenth street SE on Crescent street. Kovactk unconscious from neck and shoulder injuries. Ives uninjured. Cars not badly damaged. A second crash at Mount Vernon avenue and Vernon drive SE injured Dr W H Jenks and Mrs Jenks of Tipton. driver Robert Echelberger of Stanwood was uninjured.
Washington AP Ford dealer loses a government contract after the comptroller general rules the dealer failed to positively certify NRA code compliance. The decision rejects Northwest Motor Co of Bethesda Md bid for two trucks despite its certificate, affecting other departments considering Ford vehicles.
John Cramson Brown 87 longtime Linn County resident died after a lingering illness at his Toddville area home. Born August 27 1846 in Detroit he came to Linn County at age 12 with his parents pioneers of New Jersey. He leaves four children Harry Cedar Rapids Wesley Toddville Mrs Charles Newman Central City and Mrs Louise Stehn Marshalltown. Burial is planned at Dunkard cemetery ten miles north of Cedar Rapids with services by Rev McDonald. Friends may visit the son George Hannon’s home Thursday evening.
Funeral services for Joseph Vowles will be held from the home at 3607 First avenue SE at 2 30 p.m Friday. Dr S B Miller will conduct and burial will follow in Dunkard cemetery. Friends may call at the home Thursday evening. Osceola lodge I O O F or Marion will supervise the grave service.
The Rev Mr and Mrs Nelson C Dreier announce the birth of a son on May 16 at St Luke's Hospital located on 1975 Second Avenue SE.
A bridge article discusses bidding strategies with part-scores and game chances. It cites a New York club example featuring Albert H tAnen and Walter Malowan, detailing bidding sequences, defensive leads, and how to capitalize on a partner’s advantage to push toward game or defeat a contract.
Announcement by W D Ralston special representative for Linn county Iowa Mutual Liability Insurance and Mutual Fire Underwriters of Marion Iowa declares the opening of Marion F Robb's own insurance agency. Robb a 22 year Marion resident and former Milwaukee railroad employee dedicates full time to representing the companies.
The Marion high school will open Sunday at 8 p.m. with a baccalaureate service at the Methodist church. The Marion school band under Paul E. Popejoy will perform a prelude. Rev. John M Walters will preach the sermon. The program includes a class entry procession, choral performances, and offerings to the Ministerial Union.
In Duluth Minnesota Steve Hajdukovich faced charges for beating his wife after she returned from a three week trip. The court asked for his explanation and he said she criticized his housekeeping. Parrot fish behavior noted separately with its teeth being picked by smaller fish.
Francis Taylor Marion traffic officer and Frank Heffron sustained cuts and a broken finger when their car overturned at Seventh avenue and Ninth street during pursuit of an alleged speeder. An officer pursued the driver L Shumate of St Louis who turned left into Seventh from Ninth, forcing Taylor to swing wide hitting a curb. Taylor and Heffron were treated. the driver faced arraignment Thursday in Mayor Pazour's court.
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