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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 26, 1932
Page
12
Chicago traders show demand weakness with hog prices easing amid light receipts and regional price signals. Cattle volumes reach about 6,000 head while hogs total around 18,000 with most grades holding near steady to lower, and sheep receipts near 14,500 with bids steady to softer on lambs and slaughter ewes.
Hog markets held steady amid large Monday supplies with uneven demand. Chicago steady to 10c lower, top at 4.50, mixed weights and regions showing varying declines. Cattle prices eased, scarce quality steer demand, East Buffalo and East St. Louis futures mixed. Totals list regional consignments and representative sales across Chicago Cleveland Pittsburgh East Buffalo and East St. Louis. Sheep markets steady with active East Buffalo demand and lighter activity elsewhere. Total sales around 40,000 across regions.
U S Department of Agriculture figures show hogs receipts around 30 000 with varied classes priced from 3 75 to 4 50 per cwt and sows 3 00 to 3 85 while cattle receipts near 22 000 calves 3 000 with fed steers 7 00 to 9 50 and yearlings weaker cattle weights 600 to 1500 pounds range 4 00 to 10 35 with several price bands across weights and types. lambs and mutton also reported with mixed demand and prices.
U S Agriculture report from Sioux City notes cattle receipts around 10 500 with beef and yearling market levels not established and undertone weak to lower. Low cut stock and egg Arnage of weak and stockers and feeders opening weak to 25 cents lower while few loads of fed steers and yearlings are salable around 6 75 to 8 50 with some above 9 dollars. Bulk cutters and cutters 1 50 to 2 25 miscellaneous calf and steer categories show moisture dullness with steady prices for select calves 180 to 260 pounds at 6 54 to 7 43 and 7 25 to 6 95 for medium grades.
Livestock market summary shows cattle and hogs with mixed demand. Hogs steady near $3.47 to $3.54 per pound for weights around 269 to 264 pounds. Cattle receipts heavy western runs with slow demand and a weak undertone. feeder steers and yearlings $6.75 to $9.00 plus select, grass cows $2.35 to $3.00, stocker and feeder activity slow. Sheep receipts 13,000 with lambs $4.50 to $5.00, feeders steady, sheep and yearling range $4.00 to $5.00, breeding ewes $2.25 to $3.00.
Iowa marketing data shows 40 800 hogs in 48 hours ending Monday, up from 32 400 last week and 32 200 a year prior. Prices vary by weight musters with steady to higher tones, quoted ranges from light to heavy hogs and packing stock across interior Iowa and southern Minnesota.
U S Dept of Agriculture reports 6000 hog receipts with 720 direct. Prices steady to weak with 60-180 lb hogs around 3.80 to 4.00. Cattle receipts total 25000 with killing classes slow and bids weak to lower. Steers 600-900 lb fetch 6.75 to 7.29, 1100-1300 lb 7.00 to 9.75, cows 2.75 to 4.50, milk-fed steers 3.00 to 6.00, feeders 2.50 to 4.75. Sheep receipts 14000 with native lambs steady to 25c lower. ewes 1.00 to 2.00 down. open prices lower by 25c on lambs.
Iowa market notes show MASON C prices for 180-230 lb hogs at 3.80. 240-260 lb at 3.60. 310-350 lb at 3.20. sow ranges 400-456 lb at 2.70. OTTUMWA values rise to 3.75 for 180-220 lb, 3.65 for 220-250 lb, 2.95 for 310-350 lb, 2.70 over 350 lb. DES MOINES 170-300 lb at 3.25-3.65, 400 lb at 2.90. Overall, slight or mixed shifts in live market prices across major Iowa yards.
New York bond market trends show a steady range with hesitancy on yields. Early gains in low priced railroad loans faded while some industrials and carrier bonds gained after the Interstate Commerce Commission withdrew previous consent requirements for a 6.8 million dollar Chicago and St. Louis railway loan. Nickel Plate notes remain scattered amid limited deposit consensus and a looming month start.
New York bond quotes show Liberty bonds trading around 101.14 to 103.22 with Liberty Street 102.04 and Treasury 4s near 100.28. Other Treasury issues list ranges from 98.8 to 47-55, reflecting varied yields.
Market notices show prices for poultry heavy hens at 12 cents per pound and old light hens around 7 to 10 cents. Straw bales priced at 6 dollars, lettuce heads in crates 2.75, celery at 35 cents, Valencia oranges 3.60 per box, and assorted vegetables with various unit costs.
Wheat and grain futures opened erratically as news failed to sustain action. Shorts covered on declines in wheat while rallies attracted selling. December corn hit new lows and oats and rye moved little. Provisions eased and cash prices held steady amid varied receipts as traders awaited clearer direction.
Chicago cash grain market lists No 1 mixed corn at 29 1 4 to 29 3 4 cents. No 2 mixed 29 1 4 to 29 1 4. No 1 yellow corn 29 1 4 to 30 cents. Oats No 2 white 18 cents, No 3 white 17 1 2. Sample grade oats and timothy, clover seed prices noted. lard and bellies quoted.
AP report shows receipts and price quotes for wheat and corn in Minneapolis. No 1 northern wheat around 55 56 cents, dark northern 15 percent protein, amber durum 52 54, red durum 44 44 1/2 cents. Corn No 3 yellow around 26 26 1/2 cents, No 3 white 16 16 1/4 cents.
Live receipts two cars and 38 trucks with prices for hens and turkeys. Regional notes include crest values for creamed dairy and potatoes with on track shipments and current receipts. Wisconsin Minnesota and North Dakota prices listed for various potato types and russets.
Fragmented OCR notes show NY market figures for meats and poultry, including butter and live poultry receipts, varying quality grades, and price ranges. The text lists weights in pounds and shorthand marks, with several unreadable segments, but indicates firm conditions and mixed lots across dairy and poultry products.
Local hog prices ease modestly with light demand noted in the market. Traders report weaker quotes across grades as calves move into the 130 to 190 pound range, with good to choice cattle measured at 140 to 180 pounds in the latest market snippet.
A renewed selling wave hit New York stocks in late dealings as many leading shares fell 2 to 4 points. Losses exceeded 4 points for Santa Fe Lackawanna American Telephone and Case with U S Steel Eastman American Water Works and Allied Chemical down 3 or more. Prepared bids faded as trading remained sluggish with about 2 3 million shares changing hands.
A readable OCR fragment lists numerous stock names and percentages across multiple companies and sectors. It includes names such as Adams Express, Air Reduction, Allied Chem, American Can, Chrysler Motor, Franklin, General Electric, Pennsylvania Railroad, and many others with varied quoted percentages, alongside references to financial instruments and commodity names. The text resembles a late 19th or early 20th century market page with broad equity quotations and percentages attached to each issue.
Los Angeles reports Col. Roscoe Turner, speed pilot, flying a round trip to San Francisco 732 miles, maintained an average speed of 271 miles an hour to set three aviation records.
Willam Nelson of 124 Fourth Avenue SW paid $10 and costs after pleading guilty to intoxication in police court. Two motorists were fined by Judge Thomas Bro in police court. Harry F Paar paid $2 and costs for overtime and W C Pickard of 601 Third Avenue SE was fined $2 and costs on the same charge. The city council granted Cedar Rapids Gas Company a permit to lay 700 feet of gas main in the south parking of Twenty Fourth Street Drive SE near First Avenue.
Park commissioner Ed Stefan returns to city hall Monday after a ten day absence due to a foot infection. He went to St Luke's hospital on September 15 and remained until Wednesday.
Engine Company No. 1 answered a still alarm at 10 17 a m Monday and extinguished a fire in an automobile at 308 First avenue East. The car belonged to F J Shores of the Victoria hotel and the blaze was started by a backfire from the exhaust muffler.
Federal Judge George C. Scott was to hear nineteen naturalization petitions in federal court here on Monday. The hearings preceded the formal opening of the court on Tuesday.
Mrs. Margaret Listebarger of 823 Third Avenue SW was taken to St Luke's hospital Monday after catching her hand in a washing machine wringer. She sustained bruises and cuts.
The city council authorized a transfer of 2016.29 dollars from the bridge maintenance fund to the public improvements fund. The appropriation pays the city’s share of the viaduct over Milwaukee tracks on First Avenue E recently completed.
Coe College freshmen appear in bright crimson caps bearing the class year '36 while upperclassmen impose the headgear. Freshman women are expected to receive bright berets by Tuesday or Wednesday.
James Shope paid a $10 fine plus costs with $9 suspended after pleading guilty to carrying a gun not dismantled before Justice G S Lightner. Warden Samuel O'Brien arrested him. Cecil Grace also pled guilty and received a suspended $20 fine for violating game laws. deputy Frank Merritt seized two buck deer under legal size.
Dr Matthew U Chesire born Anamosa May 25 1870 died after long illness in Marshalltown following sister-in-law Nora Nelsons visit. Funeral held in Marshalltown. Survived by wife son Matthew daughter Louise brother John and sister Esther Chesire.
Mrs. Mary Schneider, 50, lifelong Cedar Rapids resident, died at 12 20 p m Monday from heart disease after spilling hot water on her foot while washing at a neighbor s home. Coroner Vorpahl ruled death due to heart disease with no inquest. She was taken to St Luke s and declared dead. body sent to Barta funeral home. Survived by eight children and several relatives.
Funeral services for Leonard Lowry who died in Duluth Minnesota were held at Linwood Cemetery at 2 p.m. Monday with the Reverend Robert Little presiding.
A murky AP summary notes a sharp drop in rye supplies to 349,000 bushels in New York with a further 78,000 bushel decrease. references a reference point and market impact.
An Associated Press item notes fluctuating flour prices with references to earload family yields and per sack costs. It lists prices such as 4.40 and 2.00 and mentions middlings at 8.00, reflecting a shaky commodity market.
Chicago buyers reported varied hay prices with alfalfa and clover values around six to seven dollars per hundredweight. Straw and reed bedding showed lower ranges as demand cooled, while reports noted uncertain futures for timothy and mixed hay.
The Very Rev J J Toomey of Immaculate Conception church will be invested with the title of Monsignor on October 25 following an 8 o'clock mass and a breakfast in the I C school parlors. Archbishop Francis Beckman of Dubuque fixed the date after informing Father Toomey of the papal honor received during a recent trip to Dublin for the International Eucharistic Congress. The event, attended by church dignitaries from Iowa and nearby states, marks the start of a bi monthly Knights of Columbus program visiting other parishes and include remarks on the value of a good name.
President Franklin D. Roosevelt tours a Texas ranch during a southern states visit. He inspects facilities, speaks with workers, and highlights agricultural and rural development programs. The outing draws local crowds and media attention.
Senator John S. Cohen of Gena joined the party Sunday at Phoenix. Joseph P. Kennedy, adviser to the nominee, will depart Tuesday by plane for Chicago and Detroit.
Governor Franklin D Roosevelt is expected to address agriculture as a main issue in Sioux City. The city, a longtime farm strike focal point, lies near the stockyards and a nearby baseball park where he will speak.
CHICAGO VP Edward A. O Neal president of the American Farm Bureau federation deplored violence in farm strikes. He urged members to back ballot worthy candidates and to contact representatives to support the Farm Bureau legislative program. He warned that blocking roads and harming drivers is not a solution.
Chicago attorney David Schissel living in Long Beach rushed to help two people after a car crash, pulled them from a burning vehicle, and then learned they were his parents, Mr and Mrs Samuel Schissel.
Meri R. Terhune appeared for examination as Judge A. B. Clark continued the contempt citation until further order after Zola I. Terhune, his former wife, filed for the citation. She alleges nonpayment of August and September support. Terhune was previously granted divorce for cruel and inhuman treatment on Sept 19, 1928 and custody of a minor child.
Clarence Burger, 30, received two concurrent 15 year sentences in Fort Madison State Penitentiary for uttering a counterfeit, imposed by Judge H. C. Ring in district court on September 20. He was taken to the penitentiary this morning by S. Petrus and Deputy Jay Davis.
The Marion Marines opened at Legion Park and lost a tight game to the Rock Island Independents by 0 points. A fourth quarter forward pass to the end zone secured Rock Island’s win with about three minutes left. Stahle led the Marines’ line in a stout defensive effort as Marion aimed to rebound against Belle Plaine next Sunday at Legion Park.
The Rev. James Alcock, resigning pastor of the Congregational church, delivers a farewell Sunday advising Christians to descend with grace to aid others. He argues religion must be active amid life’s storms, not sheltered on a distant plateau. The service drew a large crowd.
Mr and Mrs John Knapp hosted relatives at a Sunday dinner marking their twelfth wedding anniversary. Tables served for twenty guests including Mr and Mrs John OKelley and family, Mrs Sadie OKelley, Mr and Mrs Glenn Hempy and son Donald, Mrs George Knapp, and Arthur Knapp with his four children.
The funeral for Howard Adams, killed in a Saturday automobile wreck at the Nashville races, will be Tuesday at 2 p.m. in the Yocom chapel with Rev. W. E. Fisher of the Presbyterian church officiating. Burial follows in Oak Shade cemetery.
Mr. and Mrs. Fred Lend with Mrs. Florence Conrad, Mrs. A. M. Dray and Mrs. C. O. Randall spent Sunday visiting in Center Point.
Miss Helen Biddick arrived in Mount Vernon for a weekend visit and to spend time with local friends and relatives.
James Roosevelt, son of Franklin D Roosevelt, said his father wishes Fortune magazine’s claim of an annual income of 42,500 for the governor and Mrs Roosevelt were true. He noted the magazine said the Democratic candidate and Mrs Eleanor Roosevelt had earned about 27,500 over 27 years of marriage but that he is essentially a salaried man.
Paraguay agrees to a ceasefire in the Gran Chaco under American neutrals supervision. The conditions call for immediate army withdrawals, full demilitarization within two to three weeks, and minimization of military strength by both Bolivia and Paraguay. The reply to the commission in Washington requests settlement by international law.
Born on Sept 24 a daughter to Mr and Mrs R J MacNamara 819 Ninth Street SW. A son Deane LeRoy born Sept 18 to Mr and Mrs L E Sturgeon Marion. Donna Jean born Sept 25 to Mr and Mrs J A Reed 1524 Center Ave NE. A daughter born Monday to Mr and Mrs Frank Newkirk Westwood Drive NW weighing ten and a quarter pounds.
Dan Reel a Milwaukee railroad conductor died at St Luke's hospital after injuries from the Atkins wreck on August 30. Born June 14 1873 in New Brighton Pa he worked forty four years on the railroad. Survived by widow and four children Harold Raymond Bernard and Agnes of Perry. Funeral arrangements set for Perry with relatives Mary Kerns and Margaret Leming aiding transport.
Miss Pauline Williams returns home after a three weeks visit with relatives and friends in Chicago. Box 42 Gazette advertises a boy seeking employment to support himself.
Mrs Irvin Scott will host the Mothers club at the home of her mother Mrs H W Erwin near Marion on Thursday at 2 30 p m.
There will be a tea given by Mrs. E. D. Manilaw of Cedar Rapids to compliment Mrs. Edna Duncan of Iowa. The event is scheduled for Tuesday from 2 to 4 p.m. The funeral for Mrs. W. V. Carringer is set for Wednesday.
Promotion day services were held at the Christian Sunday school Sunday morning in charge of Miss Elda M. Kemp, superintendent.
Advertisement notes a strictly modern five room apartment for rent. Includes a good garage and lists Ed Sig fred as contact or advertiser.
A picnic supper for Grove City Rebekah Lodge No 35 members and their families precedes Monday evening lodge meetings with a post supper program to follow.
Mrs Hervey Lockwood of 940 Seventeenth Street will host the Laura Bailey Auxiliary of the Methodist church on Monday at 7:30 p.m.
Mrs Karl Kendall will host Chapter CS of P E O on Tuesday at 6 p m. Members are asked to bring dishes and silver for the tea event.
The Rev Mr and Mrs James Alcock along with their children George and Daisy were dinner guests Sunday at the home of Mrs F C H Schminke.
Week end visitors to the residence of Dr and Mrs H G Stitzel include George F Hall Davenport Ill Jesse Hall Rock Falls Ill Mrs Carl Speidel Illinois and Dr and Mrs G B Stitzel Atlantic Iowa.
Sunday service combined Sunday school and church program featured songs memory verses and recitations by junior and primary departments. Rev William H Bridwell delivered a sermonette.
The Rural Garden club will meet Thursday at Mrs. D. B. Storck’s home near Mount Vernon. A noon wiener roast will be enjoyed by attendees.
Mr and Mrs Harold Wahl their daughter Marilyn and Mr and Mrs O B Martin traveled Sunday to McGregor Marquette and Lancaster Wisconsin in a motor trip.
Mr. and Mrs. John P. Mentzer of Chicago spent Saturday and Sunday with Mr. and Mrs. B. F. Mentzer, the parents of Mr. Mentzer, during a weekend visit.
Mrs LeRoy Barber returns home after a six weeks visit with her parents the Rev Mr and Mrs T H Koch at LeMars in report from local society notes.
Mr. and Mrs. J. B. Howell and their three daughters of Iowa City were guests of Mrs. Howell's parents, Mr. and Mrs. Carl N. Owen, Sunday.
James McGuire traveled to Lost Nation on Monday for a business engagement. He arrived to meet with local partners and discuss project opportunities.
Mrs Frank Lafferty has gone to Mine Falls for a visit with relatives, traveling from her home to the town for a brief family gathering and return planned in the near future.
Mrs. H. B. Christiansen of 1394 Tenth street will host the Klatter Klub Tuesday at 7 30 p.m. Miss Bess Gray has returned to Cedar Rapids after visiting Mrs. Fred Lang for a few days.
Plans completed for a fellowship supper Friday at 6 30 p m in Memorial hall by St Pauls Evangelical Lutheran church Each family to bring dishes silver filled sandwiches and a covered dish The Ladies Aid society will furnish coffee and cream The supper will be followed by a short entertainment.
Mr and Mrs Kyle hosted an evening gathering at their Paralta residence with several guests including a couple sharing the dinner. No other details are provided about the event or attendees.
The Konyanozang Camp Fire Girls gathered Saturday at the Methodist church and See Sea of the guardian Pred Lang where they cooked Deouiatane outdoors. Twelve of the fourteen members attended.
Property to be sold includes an 8 room modern house with oak floors suited for two families. Two gas stores in house, full size lot, plus small outbuilding used as garage. Good dwelling on me recent and close in. Call P C Lassen Anuct Tel 653 to arrange viewing.
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