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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 25, 1934
Page
15
Chicago market lower as heavy receipts at four major terminals push hog prices down. Chicago top for choice hogs at $3.60, average around $3.40, with Cleveland steady and East Buffalo soft. Cattle and sheep volumes steady to mixed with similar price movements across regions.
A late rally in wheat lifted prices to a new intraday high on the Chicago Board of Trade as corn and oats drifted higher on mixed buying. Federal agents supported July and September futures, while rainfall unevenly hit the belt with northwest droughts remaining severe. Cash wheat held steady. receipts modest as weather and crop reports shaped sentiment across the corn belt.
Hog prices steady in the local market with prime hogs at 240 to 300 dollars and non prime hogs between 260 and 285 dollars per 100 pounds. Calf, sheep, and cattle sections run mixed with various grades, premiums, and declines noted across heavy steers, yearlings, heifers, and bulls as markets hold firm on some cuts and soften on others.
Local market listings show grain prices for Wheat Oats Rye Barley and Corn with per bushel rates, plus baled hay and straw prices. Hens, leghorn hens, cocks, and eggs are priced by weight. wholesale fruit and vegetable prices include oranges California Valencias, grapefruit, lemons, and potatoes. Cured hides and wool prices are listed with varied local offers.
Fragmented commodity notes show weak creamery butter receipts and standard grades. Reports indicate mixed potato receipts and fluctuating pricing with Idaho and Minnesota origin references. Trade activity lists various categories and weights, including carats and per crate indications, amid general market pauses.
A dense market brief from New York and Chicago reports on poultry and dairy. Includes prices for white rose U.S. No. 1 $2.00, various poultry live and dressed items with cents per pound, butter and cheese receipts, egg standards and storage, and futures notes for butter and egg markets. Names of regions and scores appear with fluctuating prices and unsettled conditions.
In New York on Thursday traders saw only modest gains amid broad dullness. Notable movers included Santa Fe American Can U S Smelting and Howe Sound rising about a point, while U Steel and American Telephone edged higher. Transfers traded around 500000 shares as prices remained steady to firm despite mixed Washington signals.
Chelsea residents James R Vermazen and Amber L Brush seek a license. Cedar Rapids pair George R Salome and Amelia Haddad apply. Shellsburg resident Nelson J Stookey plans a license with Gladys Mare Languth of Pale. Martelle resident James E Leonard and Margaret M Maller of Marion also listed for licenses.
Mr and Mrs Joseph R Kinnan of 602 First Avenue East welcomed a son named Joseph Charles on May 22. Mr and Mrs Frank Ehrenberger of 1825 East Avenue NW welcomed a son named George David on May 23.
Testimony details a cafe shooting with Meyers allegedly firing as Reynolds and Polinsky grappled him, while Mrs Meyers identified Polinsky as the shooter and described Reynolds and Citron involved. Witnesses recalled a fatal volley and the defense claims Citron and Meyers killed each other.
Bucharest reports King Carol is preparing to place Roumania under a military government similar to Bulgaria's. His mistress Mme Magda Lupescu has left the country, and Marshal Averescu favors forming a military cabinet. The Tatarascu ministry may resign to clear the way for Carol’s program.
Starting July 1 a new all mass analysis system sends Army Navy and Marine aviators aloft before breakfast. Pilots will rise to 17 000 feet with meteorographs to collect data on air masses aiding forecasts and reducing reliance on ground reports.
Following the thirty second degree and a 6 pm dinner, Town Consistory concludes its spring reunion with an election. William Shadow of Cedar Rapids is president and Daws Tatum of Nora Springs is vice president. Allen S Dunn of Cedar Rapids is secretary Irving H Borts of Iowa City treasurer Oscar L Hansen of Nora Springs is orator William Kearns of Waterloo is historian Louis Block of Davenport is sovereign grand inspector general in Iowa spoke at the luncheon.
Washington reports Congress granted President Roosevelt power to halt arms shipments to Paraguay and Bolivia in concert with other powers. In La Paz officials announced a Bolivia victory on the Fort Ballivian front with heavy casualties claimed for Paraguay. Bolivian forces touted a demoralized Paraguayan retreat though sources in Asunción disputed the scale of the win.
Riotous clashes near the Auto-Lite plant in Toledo left several wounded and two reported dead as guards battled strikers. Troops and a National Guard medical unit were deployed amid tear gas and stone throwing. Taft was named mediator as wage and recognition talks faltered.
In New Orleans police fired into a mob of about 300 Black workers at a wharf shed where the Italian liner Ida was being unloaded. One man was wounded, riot squads used clubs and gas, machine guns and gas bombs stood by, volleys were fired over heads, and scores were arrested as later mobs formed.
Fragmentary OCR notes show J M Harcourt to Chase Vernier with a 30 foot left 2 block 14 Carp 3 add C R. Subject taxes or pay assessments that may be on record dated 2 28 34.
Dr Bruce E Mahan of Iowa speaks at Marion High School commencement in the Methodist church as the sixty first class receives diplomas. Supt Irving Finger presents the class, with Mr H G Stitzel awarding diplomas and performances by boys and girls glee clubs. Other local items note garden club talk, memorial observances, birthdays, visits, and community notices.
Washington reports show Senate leaders and the NRA public defense amid rising tensions. Clarence Darrow and Hugh S Johnson, once rivals, toured by car as criticism mounted from organized labor. The Darrow board pressed on with its second report on small business and NRA codes.
The Iowa quota issue sparked talk of reducing Iowa levels to influence other states. Officials argued the state board had fairly allotted corn and hog quotas to counties and warned that raising allotments would undermine the corn hog program. Sayre urged government support for limited overstatement to retain farmer cooperation. The closed meeting drew about 150 county chairmen and committee members.
Thirty pupils from Marion high school's physics class led by Hervey Shutts toured The Gazette plant and also visited the Quaker Oats plant Northwestern Bell Telephone and the city water works on Wednesday. A large crowd is expected at the Marion high alumni banquet Friday at 630 PM at I O O F hall with three part program focusing on past present and future athletics. The 1894 class reunion is planned. J F Gleason is ill at his home from quinsy.
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