Grain Prizes Rally but Endure on Trade Floor
The market shows resilience as grain prices move up and down through the session. Chicago and New York areas register mixed demand with evidence of steady activity and prices holding near prior levels.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 08, 1932
Page
2
The market shows resilience as grain prices move up and down through the session. Chicago and New York areas register mixed demand with evidence of steady activity and prices holding near prior levels.
Minneapolis flour market shows varied carload lots and prices for bran middlings and sacks. Chicago futures list egg butter hay and grain rates with irregular foreign exchange quotes from New York, including Britain, France, Italy, Belgium, and other currencies.
Hogs and sheep show modest gains on the local market as quality grades advance. Traders note higher prices for top grade hogs and improved demand for better fleece and feeders in light trading.
A fragmented Cedar Rapids market column lists prices for fruits vegetables and staples. It shows California Valencia grapefruit price at 3.600, New potatoes at 60 cents per bushel, Jonathan apples around 1.36, head lettuce and cabbages with varying cents, and general commodity figures for produce in a late era listing.
Chicago cash grain prices establish values for wheat, corn, oats, rye, barley and Timothy and Clover seeds with mixed lots and various protein grades. Minneapolis cash grain reports receipts, high bids, and specific sugar of No 1 northern and amber durum varieties with durum and yellow corn mentions.
Wall Street stocks rose sharply in early trading and again late in the day after a mid session pullback. US Steel drifted after earlier gains as Allied Chemical slid back. American Telephone trimmed its peak. Gains of 3 to 4 points were seen in Santa Fe Union Pacific and other steel and chemical issues.
Leading financial and commodity markets will be closed Tuesday for election day. They will reopen Wednesday. Banks will be closed in most sections while a few minor livestock and produce markets stay open.
Poultry thefts occurred at 1029 Tenth Avenue SE with fourteen chickens stolen from a shed behind Joseph Stepaneki's home. Items missing include three Buff Orpington hens, three white hens, six Rhode Island Reds, and two roosters. A nearby barn theft Sunday morning took a lawn mower two hatchets and a wash tub from L F Hrdicka at 1622 Thirteenth Avenue SE. Across the street Armstrong at 1621 Thirteenth Avenue SE reported a missing five gallon milk can labeled with his name.
A son was born to Mr and Mrs Fred Doetzel Jr at St Luke's hospital on November 1. Dr and Mrs E C Pratt of Mount Vernon welcomed a daughter at St Luke's on November 2. Walter Ernest was born October 25 to Mr and Mrs Ernest C Steiner of Beverly Hills formerly of Cedar Rapids.
New York bonds show a lively but varied session with higher priced investment groups wavering. Utilities and some industrials rise sharply while many issues drift irregularly. government Liberty bonds close nearly steady with modest gains and mixed Treasury results.
Geesse Hasterly, age unknown, recalls voting for Abraham Lincoln in 1864 and now plans to cast a Hoover ballot. In Iowa, he stood in his backyard with his son in law cutting wood, noting a shift from torch parades to rationing and praising Hoover while denouncing saloons he once feared. He came to Iowa in 1861, recalling wolves near Mechanicsville and five saloons in the village of Olin, which deterred him after nine at night.
Reported forecasts from Hoover Roosevelt and other leaders frame a tight election. The piece notes electoral rules and state ballot practices, counting electors in eight states where names are omitted, and outlines Senate and House races with incumbents and candidates amid a large field. A new pencil for bridge scoring ends the item.
Mrs Mary M Springer wife of R J Springer died at the family residence near Marion at 2 15 p m Sunday after a brief illness She was born in Cedar Rapids June 12 1862 and lived in Linn county all her life She married Feb 18 1885 Survived by husband two daughters Mrs Norman Burgess Robins and Mrs Lloyd Snyder Marion a son Lloyd Springer Urbana eight grandchildren and one great granddaughter Funeral services will be held at 2 p m Tuesday in the Church of the Brethren Robins with Rev D C Snider officiating and burial in Cunkard Cemetery
Mrs Lilly May Triebel widow of Charles Triebel died Sunday at her son Otto Triebel 1527 Sixth Street NW after a year of illness. Born February 8 1876 in Putman Illinois she lived in Cedar Rapids 34 years and was a Bethany Congregational church member. Survived by four Cedar Rapids children sister and brother reside in Nebraska Illinois and South Dakota. Funeral arrangements pending. Friends may call Pioneer Funeral home.
Mrs. Elizabeth Wilant 72 widow of Milford Wilant died Sunday at a local hospital after a long illness. Survived by brother William Springer and several nieces and nephews. Funeral at Immaculate Conception church Tuesday at 9 a.m. Very Rev J Toomey. burial in Mount Calvary cemetery. Mrs Anna Beelendorf 48 wife of William Beelendorf found dead Sunday noon in Davenport. Survived by mother Elizabeth Fejfarek, Cedar Rapids. three sisters Blanche Polehna Mary Hershey Olga Horak and brother Joseph Fejfarek. Body to Cedar Rapids for services and burial.
Frank J. Sullivan 48 of Cedar Rapids died at home 403 Longwood Dr NE at 4 45 p.m. Sunday after a lingering illness. He was a machinist for the Rock Island railroad and a lifelong Cedar Rapids resident. Survived by wife Leo two brothers Will and Tom Sullivan Cedar Rapids and sister Mrs J M Mee Clear Seattle Wash. St Matthew's church service at 9 a.m. Wednesday conducted by Rev Father Behan. Burial Mount Calvary.
Mrs Lucy Buckner aged 78 died at her daughter Mrs Oscar Green’s Cedar Rapids residence after a lingering illness. Born in Virginia she had lived in the city seven years. Funeral services will be at Church of Christ Mission 717 H Street SW at 2 p.m. Tuesday with burial at Oak Hill Cemetery.
Republican and Democratic groups arrange rides to polling places across Marion township and Marion County. Ward chairmen and Legion officials publish contact numbers for riders while denying official Legion involvement.
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