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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 27, 1932
Page
14
Chicago AP reports continued weak demand and ample receipts pressuring hog prices below the four dollar mark. Wednesday arrivals total 15 000 hogs with bidding 10-15 cents lower and buyers mostly sidelined as prices drift. Slaughter hogs opened 10-15 cents lower with tops around 3.80 and 140-270 lb lots selling 3.65. Sheep and cattle receipts also noted, with mixed bids and weak feeder activity.
Chicago livestock receipts total 7000 with calves at 2000. Trade generally steady across classes. Early fed heavy weight steers around 10.25 and midweight ranges noted with milk and sow categories included. Prices cited for various weight classes from 100 to 350 pounds.
The stockyard bulletin lists bids by weight class and grade. Prices range from 2.15 to 3.70 per hundredweight with steady variations for steer and sow lots, including good and fair packers and prime-heavy categories.
U S Department of Agriculture notes hog receipts about 8 000 with prices 3 25 to 3 90 per hundredweight. cattle and calves mixed with steady to uneven movement. fed steers and yearlings mostly steady, stockers and feeders slow. lambs opening steady to strong with ranges 4 85 to 7 50 and some above 5 25 for early lots.
Combined hog receipts at 25 stations in interior Iowa and southern Minnesota for the 24 hours ended 8 a.m. Tuesday totaled 13 100, down from 11 200 a week earlier and 16 400 a year ago. Prices ranged from 3.15 to 3.90 for 140 180 lb and 200 220 lb hogs, with various weight classes quoted as good and choice. Sharp declines noted in some weights, with heavy weights around 3.45 to 3.75 and 2.50 to 2.90 for the largest sows and feeders.
AP notes hay receipts held steady at four cars with no change. Flour shipments listed with pure bran at 9.00 to 9.50 and standard dling variants from 6.50 to 9.00. Chicago futures wrap includes refrigerator and storage standards notes with November and October dates.
The report lists currency values for France Italy Belgium Norway Sweden Denmark Switzerland Spain Portugal Greece Czechoslovakia Romania Argentina Brazil Japan China Mexico and other markets with figures such as France 3.915 and Tokio 24.1242, indicating nominal exchange levels and silver peso notes.
Linn county attorney and county Republican committee chairman Carl Hendrickson spoke at a Farm Bureau meeting. He described that criminal law must mirror public morals and sentiment, noting laws cannot be enforced if backed by no supporting public opinion.
Market notes show corn and oats rallying with wheat after early lows as funds and cash buyers move in. Wheat, corn, oats, and rye wax and wane with seasonal demand, receipts around 10 to 282 cars, and cash prices fluctuating from firm to weaker in a largely subdued trade.
AP report lists no sales for rye and white rice notes, with prices for wheat grades including No 2 hard No 2 yellows and mixed lots, plus clover seed at 4.00 per 100 pounds and related seed remarks.
Minneapolis cash grain figures show varied prices with No 1 northern at 55 56 cents, No 1 dark northern at 15 percent protein, No 1 dark hard Montana around 14 to 60 cents, and durum and amber varieties listed with small changes. Delays and arrival estimates noted, including No 3 and white grades at lower levels.
Local hog prices remain weak with prime grades dropping 15 cents. Dealers report softer demand and continued price pressure across the market.
Mixed calf market with demand varying by grade. Readings show choice lambs at 175 to 185, heavier lambs at 190 to 190 and 190 to 190 for select lots, with some quotes around 235 to 255 for top quality offerings.
Price list from Cedar Rapids shows varieties and rates for fruit vegetables and staples. California Valencias and grapefruit perch with lemons sweet potatoes and fresh greens like lettuce celery and jonathans apples listed alongside wholesale and crate prices. Oysters and other seafood items appear with price points for extra selects and standards.
Live receipts show 83 trucks. poultry prices across hens Leghorn turkeys and ducks listed with varied cents per pound. Butter receipts 12,423 with steady creamery butter grades and standard price ranges. Egg receipts 4,650 steady with price figures noted.
Receipts show 29,654 monks to firm with mixed colors. no quote. Other grades unchanged as raw central sales not reported. central area 190 score and 19 percent. Refined and raw centralized no sales reported. overall receipts steady with nominal activity.
The New York bond market showed wavering tendencies with mixed price moves across utilities and industrials. Telephones and rubber bonds fluctuated while oils and rails posted uneven results. government issues remained moderately firm amid irregular foreign issues and mixed corporate sentiment.
Market snippet shows Liberty Bonds and Treasury notes with varied prices including 4s at 103.20 and 4s at 108.22, plus 3s around 51 to 55 and other figures like 100.26 for Jane and 96.30. The fragmentary text references Liberty Bond terms and York area figures.
Fred W. McChesney of Iowa City who faced an involuntary bankruptcy petition filed Sept. 12 by Cc. C. Craig trustee for First National Bank of Iowa City filed consent to adjudication in a federal district court. Papers move from Los Angeles where he currently resides and he named E. A. Baldwin of Iowa City as his attorney.
Two cars from Lost Nation driven by Miss Bernice Guyer and William Hughes collided head on at a hilltop near the J B Wolfe farm Saturday afternoon. Bernice Guyer suffered a head wound, Hughes had minor injuries and was knocked unconscious, Esther Guyer was badly shaken but went for help. both cars were damaged.
Wall Street stocks were firm in late trading with most shares near day’s best. U S Steel Bethlehem Mack Truck Western Union North American Du Pont and Lackawanna gained 2 points or more. American Telephone American Can Santa Fe Montgomery Ward Consolidated Gas Westinghouse New York Central Pennsylvania and Southern Pacific gained about a point or more. Drug shares fell about 4 points. About 1,500,000 shares were sold.
Stocks waver at the opening then move higher led by race motors and blue chip issues. Drug stock weakens after news of a possible reorganization while utilities and chemical firms rise on improving earnings and treasury money flows.
A dense page fragment lists various companies and stock quotes with percentages and values, including Adams Express, Allegheny Corp, Allied Chem, Allis Chalmers, Am Tel & Tel, Atlantic & Pacific lines, American Tobacco, Anaconda Copper, Du Pont, Kodak, General Electric, and many others. The text reads like a quotation page of market prices, with many percentages and dollar amounts interspersed.
Clayton Ramsdall 23 and Roy Plowman 17 of Tama were arraigned in justice court on a robbery with aggravation charge tied to a 1930 wig scam at the Preston filling station in Belle Plaine. Bond set at $2500. They waived to the grand jury.
Bertram Iowa records a crowded Bertram Methodist Homecoming with Rev J Bruce Eyestone welcome by John M Blaine Cedar Rapids, memories of former pastors, memorial readings, and old songs. Mrs G W Allen Los Angeles and Mrs Vesta Blaine Wandling Chula Vista among attendees. Mrs John Knapp secretary treasurer elections, 8 pm program featured addresses by Rev Earl Hodgkin Olin and Rev James Baltz Mount Vernon.
President Hoover suggested delaying railroad wage cut negotiations until January 1. Labor leaders indicated support for the delay as economic skies may clear by then. Doak of Labor said Hoover believed negotiations could be based on better conditions after the first of next year.
Walter Walker publisher from Grand Junction was appointed to the U S Senate to fill the vacancy left by the death of Charlies W Waterman. Democrats lead 48 to 47 with one former labor member. Governor Adams appointed Walker, raising questions about his tenure in the lame duck session or until a successor is elected in November with Waterman’s term ending March 4.
Lloyd Hunter of 1027 Seventeenth Avenue SE told police Monday evening his wife left after he returned home at 5 p m following a quarrel on Saturday night. He described his wife as about 18, six feet four, with hazel eyes and brown hair.
Birth announcements list a son named David Lee born Sept 24 to Mr and Mrs Louis C Schiotterback at 615 Fifth Street NW. A daughter Phyllis Joy born Sept 26 to Rev and Mrs BE F Austin at St Luke's hospital 442 Fifth Avenue SW. A daughter born Sept 24 to Mr and Mrs Emmet Giblin at Mercy hospital 414 First Avenue W. A daughter born Sept 27 to Mr and Mrs Robert Wallace at Mercy hospital 1106 First Street SW.
Miss Emma Klein is elected temporary chairman of Unemployment Relief. Community canning kitchen operates today with apples beans and soup on hand. Plans to sew for the needy in Memorial hall. four sewing machines needed. Many notices including visits, meetings, and local moves in Marion Illinois.
Mrs. Effie Miller was elected president of the Laura Bailey Auxiliary of the Methodist church at a Monday gathering hosted by Mrs. H. F. Lockwood at 940 Seventeenth Street. Lillian Bleakley became first vice president and other officers include Mrs. Fred Newlin as second vice president and Helen Gregory as corresponding secretary.
Velatives gathered Monday evening at the Howard Mack home to honor Roy and Marjorie Mack on their thirty fifth wedding anniversary. Guests included Bert Whitcomb and family of Springville, George Hollom and Dave Bunger, Irving Smith and daughter Margaret of Cedar Rapids, Marvin Brewer, Harry Stick, and Metta Bunger of Marion.
Before the Grove City Rebekah lodge No. 35 gathering in the I O F hall a picnic supper was served to about forty members and families. The program included a clarinet solo by Harriette Clark with Mary Lockwood, a talk on Schuyler Colfax by Mrs. E A Barnes, readings by Mildred Carpenter, a piano solo by Mary Lockwood, and a paper on The History of the Rebekah lodge by Mrs. Sarah Hutton.
The Marion Nature and Garden club will meet Wednesday at 2 30 p m in the library auditorium. Members will share facts about bulbs during roll call and Mrs Albert Schenken will discuss The Story of the Peony followed by a round table on peonies and their culture
Capella Blue Birds met with their guardian Monday after school in the Methodist church. Officers elected were president Jameson, vice president Margaree, secretary Emma Wallace, and press reporter Kathleen Newman.
About 100 persons attended the monthly Kensington given by Marion chapter No. 183, O. E. S., in the Masonic temple Monday. Cards were played in the afternoon, and supper was served by a committee chaired by Miss Pearl Buckley and Mrs. J. F. Hunter.
The official board of the Christian church will meet in the church Wednesday at 7:30 p.m. The regular meeting of Robert Mitchell Woman's Relief Corps No 126 will be held Wednesday at 2:30 p.m. in Memorial hall. Others will meet in the morning to can fruit and vegetables for the Soldiers' Home at Marshalltown. A picnic luncheon will be served at noon.
Iowa City's state board of education met for a third time this week to review the Allen Busby and Harrigan audit of state schools. Secretary W H Gemmill said a statement on the report would be issued likely Tuesday or Wednesday.
Corvallis Oregon AP reports the state board bans student-operated autos to cut accidents. Two groups of Oregon state students hired two necks and met for a street race. One horse shied causing a crash injuring two coeds.
Clinton county schoolmasters club met in Lost Nation Saturday with about forty five superintendents principals and wives attending. Officers elected include President Supt Clark Central. vice president secretary Guiles Delmar. athletic committee chairman Supt Bowersox Clinton. one act play committee chairman O W Peauchamp. information committee Supt Leet.
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