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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 02, 1934
Page
4
A flood of hog receipts Tuesday and Monday weighed on prices at main terminals led by Chicago. Top weights hit $6.60 with averages near $6.25, while Cleveland Pittsburgh and East Coast hubs posted declines of 10 to 50 cents. Cattle and sheep receipts rose and varied across cities, with steady to lower prices overall and regional shifts in demand.
AP dispatch from Chicago notes hog receipts at 21,000 with 2,000 direct. prices 25 to 50 cents lower than Friday for weights above 200 lbs, early top around 60.00. Cattle receipts near 9,000 with calves and veal. steer and heifer prices mostly steady to higher in spots, with heavy activity in fed steers and yearlings amid liberal supply.
Early Monday pork prices fell by 15 cents across all grades and shortly after noon a 10 cent drop pushed the top market below 600 dollars to 5.90. The packer top stands at 515 dollars.
Grain prices and movements list wheat, corn, oats, rye, barley, and other commodities across Chicago and Minneapolis markets. Includes cash bids, car receipts, protein levels, and specific grades such as No 2 red, No 1 mixed, and amber durum with exact figures and changes.
Chicago markets show wheat down 2 to 3 cents with Sept at 1.00, corn off 1 to 1 1/2 cents, Sept 76 1/2, oats down 2 to 3 cents. Private crop estimates spark bearish sentiment as rye weakens and corn yield projections lower. Liverpool and Liver pool close steady to firm despite overall softness. cash and receipts described.
New York stocks fell sharply on Monday with losses of 1 to 3 points and transfers around 625000 shares. Despite a previous uptrend, market sentiment shifted after President Roosevelt's radio talk and the start of government control of speculation, leaving many ledgers and names such as Du Pont, U S Steel, American Telephone, Santa Fe, Consolidated Gas, Johns Manville, and National Biscuit near year lows.
Scan of market notes shows mixed produce quotes with crust, dairy, and eggs listed. Receipts from New York show varied shipments and standard pricing across regions, including storage temperatures and refrigerator standards.
Market notes show higher futures and refined products steady while wheat and corn edges vary. Cotton and bran prices shift slightly with mixed signals. money markets quote numerous country prices and exchange rates across Britain France Italy and Germany, with several European currencies recorded against the dollar.
New York bond market notes indicate a broader pullback as investors shift away from government issues. Treasury bonds show mixed prices with several yields inching higher while corporate issues, including long term notes, face weaker demand amid ongoing market uncertainty.
In muted trading, scattered classifications showed little overall progress. Alleghany Corp obligations rose with Alleghany 5s of 1950 up 15 points to 2540, while Baltimore and Ohio 414s fell to 55 and Great Northern 4%4s and Nickel Plate 445s slipped to 70 and 55. Duquesne Light 4s, American Smelting 5s, Columbia Gas and Electric 5s posted small gains. Northern Pacific 4s and Pennsylvania general 443s, Home Owners Loan 3s edged down, Treasury 4%45 rose about 7/32 to 109.15, with several Treasury issues up 1/32 to 32 05.
Tokyo reports Japanese military authorities at Harbin accuse Soviet cavalry of firing on a Japanese surveying party near the Manchukuoan Siberian border. No injuries were reported.
Frank Wozenilek and Helen R. White, both of Cedar Rapids, were issued marriage licenses.
Washington report notes the new stock regulation act took effect Monday but limited impact expected as many SEC regulations remain unpromulgated. Ten issues were refused registration or trading privileges on exchanges, including Brooklyn-Manhattan Transit Corp. an $8,000,000 issue. The SEC said it acted in the public interest to protect investors. key feature bans artificial manipulation of stock prices.
Richard Perkins, 39, a Black man, died in the electric chair for the January 1933 holdup that involved Indianapolis policeman Carl Heckman. His execution, delayed four times by the state supreme court, came a week after Louis Hamilton was executed for a similar Indianapolis crime.
The recreation department led by maintenance chief T Ray Frame started fall clean up of playground gardens. Children urged to harvest vegetables now with surplus sent to the county relief cannery for unemployed aid. Requests for corn stalks for fodder or flower seed collection can be made at the playground office.
Earl Daywitt aged 34 was sentenced to one year in Fort Madison state penitentiary after pleading guilty to a drunk driving charge. Elmer Davis, 62, fined $300 and costs after pleading guilty, with three months driving ban and release on good behavior with $100 payment.
A $15 000 damage suit of Harry S Rodman administrator of the estate of Cliff L Main 44 who suffered fatal injuries Nov 27 1932 in an automobile crash against Virginia Walter and her father Cecil Walter was continued over the September term in district court before Judge A B Clark after a jury was a process of impaneling The crash occurred on highway 161 one and a half miles east of Marion between a car driven by Miss Walter and owned by her father and another in which Main was riding.
L. C Royder aged 38 from Cedar Rapids and W M Dye aged 51 from Center Point were jailed Saturday at 11 pm by Deputy Sheriffs Roy Radebaugh and Larry Condon. Royder faced intoxication and disturbing the peace, while Dye was held for disturbing the peace. Dye pled guilty before Justice Henry Stearns, received a 30 day sentence which was suspended during good behavior, and was ordered to remain employed by the county, now working three days weekly. Dye has five children.
Kenneth Kramer of 723 B avenue NE reported to Sheriff Joseph A. Petrus early Sunday that a spare tire rim and cover were stolen from his car in Palo between 11 30 p.m. Saturday and 12 45 a.m. Sunday. The tire was 19 by 500 in size.
Mrs Charles Ruff of Silvis reported to Sheriff Petrus that her husband suffered a head bruise Saturday after the Ruff car collided with a machine driven by Leonard Kolstler near Lowden on highway 30. Both vehicles left the roadway. Judge Ring granted a divorce to Helen Sorenson from Earl Sorenson on grounds of cruel and inhuman treatment. they wed June 21, 1932.
The city council awarded sections G H and I of the sewage plant after PWA approval. Iowa Manufacturing won G for 26900 and H for 17300, while Pacific Flush Tank of Chicago won I for 32300. Section F was let to Bemis and Schlick but held in abeyance due to council and PWA concerns over the low bidder.
Marion residents are invited to a Monday 7 30 p m meeting of the Service club in the National Bank building to discuss reorganization and hear reports from five city canvassing teams for the club budget. Numerous church and community notices follow including union services, missionary events, gatherings, and local visits.
Thieves broke a cellar door window at R. F. Wiley hardware store in Springville Sunday night and escaped with $6 from the unlocked cash register. Deputies Roy Radebaugh and Larry Condon investigated and lifted fingerprints. nothing else appeared missing.
Word has been received of the death Saturday of Dr. Leslie LeCron in Baltimore Maryland. He practiced dentistry in Cedar Rapids for years and moved East about thirty years ago. He is survived by his widow and three children Wilbur a Milwaukee surgeon Marguerite of Norfolk and Norman who practiced dentistry with his father.
Sherman H. Lowe aged 70 longtime Cedar Rapids resident of 215 Fifth Street NE died at a local hospital at 7 a.m. Sunday after a lingering illness. Born Davenport September 5, 1864 he is survived by four sons Earl T. and Newell L. of Cedar Rapids Thomas W. and Sherman W. of Los Angeles Calif a sister Mrs Florence Stoneking and a stepmother Mrs Lewis Lowe. He belonged to Star of the West No. 1 K P Lodge and Foresters of America. Funeral services will be at Beatty chapel 2 p.m. Tuesday conducted by Rev August Cramer with burial in Oak Hill family lot where K P rites will be held at the grave. Friends may call 7 to 9 p.m. Monday at the chapel.
Social notes describe a large gathering at Mrs. Dell Van Note's Marion area home honoring Mrs. James Callahan once Leone Albaugh. Guests included Elmer Stamy Willis Hemmenling Merlin Miller and many others with prizes awarded. City council meets tonight. church meetings and family reunions also noted.
Anna Vupil also known as Anna Menc was born December 24 1865 in Bohemia. She died Sunday at 215 at her daughter’s home in Cedar Rapids following a long illness. She came to the United States in 1905 with six children and lived in Solon Mount Vernon and Marion before settling in Cedar Rapids. Survived by Frank Vuipil her husband four daughters five grandchildren and a brother in Czechoslovakia. Brief services will be at the Libal home Wednesday at 1 30 pm then at Jan Hus Memorial church at 2 pm conducted by Rev. Bren. Burial in Bohemian National cemetery. Pallbearers named Charles Blahnik Godfrey Stolba Jerry Libal and Gilbert Crofta. Friends may call Tuesday evening.
Stewart Hurlbut aged 19 and John Burkley 17 plan a year long round the world trip starting in Monroe Wisconsin with five dollars each and a hitchhikers stance. They carry camping gear cooking utensils extra clothing two cameras and expect ten dollars a month from parents. The first stop is Waterloo Inn to visit relatives.
Lillian M Asch died at her sister Mrs. F M Davis home five miles west of Cedar Rapids at 12 15 p m Sunday after a long illness. She is survived by two sisters and two brothers. Funeral services will be held in the Beatty chapel at a time to be announced later.
Charles Southwick age 68 died at his Cedar Rapids home on First Avenue West Road Sunday at 9 35 PM. Born July 16, 1865 in Olin Iowa he lived in the area most of his life before moving to Cedar Rapids 14 years ago. He is survived by one son Marsha Southwick of this city. His wife died February 10 1934. A Mason since age 21 he belonged to Crescent Lodge No 25 A F and A M. Services will be held at Turner Chapel Wednesday at 1 30 PM with the Rev A A Brooks and Crescent Lodge officiating. Burial will be at Olin with brief services at 3 30 PM at the grave.
Funeral services for Mrs Orren Seaver of 1343 BE avenue NE were held at 2 p.m. Monday in Monahan funeral home conducted by Rev Frank Ward. Burial followed at Oak Hill cemetery.
Several birth notices from St Luke's hospital on September 30 report a daughter for Mr and Mrs Richard Barrows of Clarinda Iowa with Lois Davis as grandmother and Dr. Oscar Davis as date. other families include Mr and Mrs Fred Schirm Mr and Mrs George Stickley Mr and Mrs John Shadle Mr and Mrs Reuben Dolezal and Mr and Mrs Lawrence Olson Cedar Rapids route No 2 with a son born September 22.
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