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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 16, 1935
Page
28
Chicago reporters note sharp weekly gains across cattle sheep and hog markets with higher prices driven by stronger meat demand and favorable weather. Hogs sold at 9.50 to 9.70 with 3 000 head run. top weights reached 13 50 for steers and 10 75 for lambs. fat lambs up 50 cents and feeders to 9 75.
Market activity remains subdued with muted futures movement and thin volume across major indices. Traders note limited price signals as investors await fresh data and corporate updates amid cautious momentum.
Prices for pork products move up a nickel with all grade levels showing modest gains. The market edge reflects broader price shifts and ends the day with a per unit increase noted as the tap at $820.
Chicago livestock receipts show 200 cattle and 100 calves with scarce choice and prime fed steers and yearlings. top weights reach 13.50, highest since June, while overall market uneven and mostly lower. Sheep receipts 2000 for week ending Friday with fat lambs about 50 cents higher and new highs for season. hog values mixed with some prices around 825 to 850 and shearer activity noted.
A Cedar Rapids price list lists grains and produce with values for wheat oats rye barley corn and shelled corn. It includes poultry prices for hens cocks and geese and fruit vegetables prices such as oranges lemons potatoes pears grapes apples and lettuce and celery. Hides and horse prices with multiple grades are also shown.
Chicago and New York AP markets show receipts and steady prices across eggs butter dairy and poultry. Egg receipts rise with mixed color groups steady prices while cheese and butter hold firm. live poultry and dressed turkey figures listed with varying weights and prices.
A garbled stock market blurb lists Chicago produce and butter futures with mixed dates and unclear price quotes. Mentions storage standards and refrigerator standards around late November through January 2034, with several broken phrases.
In Chicago the wheat market showed low interest and erratic prices on the board of trade. Wheat closed 4 to 14 cents higher or lower, December at 95 34 cents. corn and oats mixed with light activity, and conditions in the belt remained unfavorable for marketing.
Chicago cash market shows no sales for wheat and soybeans. Corn prices listed across mixed grades from No 4 to No 5 yellow and white with varying cents per bushel. Rye and barley offerings limited with small seed figures for timothy and clover. Lard prices cited as tierces and loose, along with delivery totals.
Minneapolis cash grain reports receipts 113 cars with wheats firm to higher. No 2 heavy dark northern spring 60 Ibs quoted at 1 28 7 46 11335 with other grades listed and futures cues including Montana and durum varieties. Corn No 3 yellow 58 24 60c and oats No 1 white 26 41 27c reflect nearby price levels.
New York bond prices rose to week highs as railroad loans especially second grade issues led the gains. Alleghany Corp 3 of 1950 rose to 40 1/2 as market activity reviewed a potential move to integrate the eastern end of the Van Seeringen railroad empire. Government bonds closed with minor price changes and Treasury notes showed limited movement.
Investors chased steel and specialty stocks on a volatile Saturday session as a broad market rally faltered. The brief advance touched several new four year highs while profit taking trimmed gains in other sectors, with limited data and mixed trade signaling cautious sentiment.
National Acme and major compounds led limited gains while oils showed slight improvement. Alcohols dipped with Schenley and National Distillers down about a point. The Pittsburgh and West Virginia rail line rose three points. The S. H. Kress Co declared a $1 extra dividend, yet its stock remained unresponsive.
New York AP reports this week may mark a pivotal point in the recovery as stocks move through upper trading ranges and several industrial issues reach the best levels since 1929. The Associated Press index surpassed prior highs, signaling a possible new high ground for the market.
AP reports a Chinese official warns of a possible aggressive Japanese advance in China within a few days. Chinese authorities express concern over military moves and urge readiness as tensions rise.
The article reports Iowa WPA disputes over firing workers who refuse WPA jobs. Houghton says foremen fired certain individuals despite large families while officials debate relief cuts versus jail feeding. Lewis threatens a statewide wage protest unless WPA pay matches state scales. Hill defends wage levels to provide relief without luring workers from private jobs.
The Big Springs Parent-Teacher Association voted to send a letter to Gov. Clyde L. Herring protesting the possible release of Lyle Messner, 22, who has served eight years of a life sentence for the murder of Kathleen Forrest, 6, of Cedar Rapids. The vote occurred at a regular meeting led by Mrs. H. W. Kindig at the school.
Burglars entered the Chandler Heater Plant at 1210 Twelfth Street SW Friday night and escaped with eighteen aluminum patterns valued at 25 dollars each. Weighed five to fifteen pounds. aluminum content would fetch 10 to 12 cents a pound. Entry gained by removing a window in the pattern room.
G Andresen left Friday night for Los Angeles California. A G Jackson 224 Thirty first street SE was fined 10 dollars and costs in police court Saturday for speeding. Firemen responded at 935 PM Friday to a chimney fire on the home of Mrs H B Bell 1548 B avenue NE. Arthur Stevens of Cedar Rapids and Miss Eunice Krohn of White Water Wisconsin were married Friday evening at the home of Justice W J Grunewald. John Brennan 38 of Clinton and Grover Ladd 43 of North Platte Neb were fined 10 dollars and costs each in police court Saturday for intoxication. Harold J Brammer 2012 Meadowbrook drive SE was fined 10 dollars and costs by Justice A S Reed Saturday for reckless driving. Brammer was arrested by Highway Patrolmen Rhoades and Kegley. The fine was suspended.
At Merchants National Bank at 11 a.m. Saturday police responded to a burglary alarm with two carloads of patrolmen and detectives. No robbers found. likely an employee triggered the alarm accidentally. In a separate notice, 75 year old John G. Roth died Thursday near Homestead after a cerebral hemorrhage and will be buried Sunday in Keokuk. Survivors include four children, a brother, two sisters, seven grandchildren, and two great grandchildren.
D B Staab and Zanne P Morrison both of Cedar Rapids. Paul W N Neff and Lucille E Norris both of Cedar Rapids. Arthur Buddy Stevens of Cedar Rapids and Eunice Arlene Krahn of Whitewater Wisconsin. Edward J Quesler and Ann Wee both of Rockford.
Marion residents heard readings songs and a vocal solo at the Excelsior Agriculture and Literary club gathering hosted by Mr. and Mrs. Merle Stewart. The issue lists upcoming meetings, visitors, and various club and church activities across Marion including Farm Bureau lessons and missionary talks. Local movements include the Harry C. Van Wormer family relocation and community toast events.
New Orleans three men including Seymour Weiss treasurer for Huey P Long organization were indicted on charges of attempting to evade income taxes Weiss had earlier faced tax evasion charges in indictments targeting Long associates.
James Kasper, 42, of 2012 K Street SW, pleaded guilty to operating a motor vehicle while intoxicated. Judge H C Ring fined him 300 dollars plus costs, suspended the balance of the sentence on costs and 100 dollars toward the fine, with driving ban for three months. He was picked up near Cedar Rapids airport on November 4 by highway patrol officers K W Rhoades and D Kegley.
Judges H C Ring and A B Clark grant divorces on cruelty grounds. Fern E Flack from Clarence H Flack aged 34, married April 1 1935. Violet M King from Roland King aged 32, married Sept 11 1935. Elsie Mae Smejkal from George J Smejkal aged 35, married May 10 1923. Ira E Ondler from Anna Ondier married March 2 1935. Doris Raue from William Raue aged 28, married Feb 4 1931. Ora Chamberlain from Glenn A SRA, married July 16.
Judge H. C. Ring in district court Saturday issued a forfeiture notice on a $500 bond for Russell Robert Jones of Cedar Rapids. Jones was fined $100 and costs on October 21 for reckless driving and given until October 31 to pay. The judge said the fine was unpaid and directed the sheriff to notify the defendant and his sureties to appear and show cause why judgment should not be entered for the bail amount.
Linn county reports its final work relief payroll for the week ending Thursday amounting to 3490.20 for 513 workers who logged 6 942 hours. Payment was halted Thursday by county relief officials under orders from state relief administrator J C Pryor. Final checks will be issued next Wednesday.
A. E. Whiting petitions in district court to rescind a contract for refrigerating equipment with Checker Motor Supply Inc of Cedar Rapids and also seeks $1,183.30 in alleged payment credits.
Funeral services for Mrs Marie Knudsen widow of Peter Knudsen former Cedar Rapids Mount Vernon resident who died at Mount Vernon Friday will be held Sunday at 3 30 pm in the Yocom chapel Marion Rev Mr Stratton pastor of the Presbyterian church of Central City will officiate Burial will be in Oak Hill Cemetery Cedar Rapids
Funeral services for Mrs. Ethel B. Anderson will be held in the Brady chapel Sunday at 1 45 p.m. conducted by the Rev. A A Brooks. Burial will be in Oak Hill cemetery.
Funeral services for Mrs Sarah Jane Dwire Handley will be held at the Blodgett cemetery grave near Central City Sunday at 2 30 pm in charge of Dr Chandler of Cornell college Mount Vernon Friends may call at the Turner chapel until 11 am Sunday
Marion churches schedule diverse services led by pastors including Rev William Bridwell at Baptist and Rev T J McElliott at St Josephs Catholic with mass at 8 and 10 a m. Union services follow at 7 30 p m and plebiscite results announced at morning worship by Mr Allen.
The Cedar Rapids Gazette outlines how to estimate cost for ads with a five and six word per line format and lists rates for consecutive days. It notes extra charges for out of town ads and allows ads by phone mail or in person with a disclaimer about insertion errors.
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