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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 09, 1939

Page

27

Retail And Auto Sales Signal Spring Upswing In 1938

Retail and auto sales show strength as Easter approaches with Wayne County Michigan passenger car sales rising to 2,248 from 1,499 the prior week and 733 in 1938. Steel and construction activity edge up with rail orders and building permits, while electricity, carloadings, and factory output show modest gains.

Wayne County Michigan Stee Engineering News Commerce Department

Beck Buys House of Dan Kruidenier

Beck purchases the Dan Kruidenier residence at 800 seventeenth street SE through Bruce West to John W. Beck assistant secretary of the Chamber of Commerce who will take possession May 1. The same agent also sold a Country Club drive SE home site on Twenty sixth street to Dr. Carl A Noe now at 423 Gwendolyn drive SE.

Dan Kruidenier Seventeenth Street Bruce West John W. Beck Chamber of 2Commerce First Avenue E Hedges “Company West

Wheat futures surge on crisis abroad heavy demand

Overseas political developments spurred a sharp rise in wheat futures on the Chicago board of trade with prices up as much as 1 3/4 cents. Wheat May and July climbed to the highest levels in weeks while corn oats and rye posted gains. Liverpool and Buenos Aires markets delayed holiday reopenings as domestic moisture remained scarce.

Chicago INS Board of Trade Winnipeg Liverpool Buenos Aires Tin

Chicago cash provisions report summary

Chicago price listings show cash wheat at No 4 red 70 cents to 71 cents with samples around 66 to 67 cents. Corn bids include No 4 mixed 45 to 46 cents, No 2 yellow about 48 to 49 cents, and No 2 white around 54 cents. Oats No 2 white near 32 to 34 cents. soybeans No 4 yellow about 86 to 87 cents. Timothy seed around $2.85 to $3.15 per unit. clover prices listed at $13.00 to $16.00 and red top about $9.25 to $9.75. Lard price noted at around $5.65 to $6.00.

Chicago Lamson _ Brothers & Co Owrey Cedar Rapids Ational Bank Winnipeg Bow Jones

Minneapolis cash grain market report moves higher

AP Minneapolis reports Saturday wheat receipts at 209 cars, up from 58 last year, with higher quotations across grades. No 1 heavy dark northern and No 1 dark northern bids show gains, along with hard Montana and amber durum classes. Corn and barley also edge higher with No 3 yellow and white bids improving.

Minneapolis Montana

Bank Clearings Rise in Cedar Rapids Week to Easter

Cedar Rapids Clearing House records show total clearings of 1,213,765.15 dollars last week, ahead of the prior week’s 1,093,306.22 dollars. For the week ending April 9, 1938, clearings were 1,089,768.36 dollars.

Cedar Rapids

Local house sale sealed at Cedar Rapids address

Herbert Olmstead of 1020 Fifteenth street SE has bought the house at 417 Fifteenth street from the Cedar Rapids Building and Loan Association. The deal was completed through C. M. Hatfield and company.

Herbert Olmstead Fifteenth Street Cedar Rapids Building and Loan Association C. M. Hatfield and Company

Van Meter Co Buys Building It Leased and Sells Dwellings

The Van Meter company purchased the building at 524 526 and 528 Fourth avenue SE, now occupying it, closing the deal through the Hedges company. A. B. Garretson estate owned the property. Hedges also reported several residential closings: a home at 311 Twenty second street NE sold to George Meyers. a Gwendolyn drive NE house under construction sold to W J Wilkinson. 1418 First avenue NW sold by Frank L. Buser to H Melvin Robertson. a NW avenue house sold to Lewis Rich in cooperation with Tait and Wagner. three Higley Land Co plots in Clarendon Hills sold to buyers planning to build. Purchasers include J R Buss and Gerald W Darrow for Longwood drive and Highland rive NW buyer Don C Colgan.

van Meter Company Fourth Avenue Hedges Company A. B. Garretson Twenty-second Street Frank L. Buser George Meyers Hayes Street Gwendolyn Drive W. Roy Harger W. J. Wilkinson Spring Green Wis First Avenue NW H. Melvin Robertson Eighth Street Tait and Wagner Company Avenue NW Lewis Rich Hinkley Avenue Higley Land Company Clarendon Hills J. R. Buss First Avenue Gerald W. Darrow Eleventh Street Longwood Drive Don C. Colgan Highland Rive

Local permits issued last week by Rapid Gas and residents

Weekly permits list includes Rapid Gas for a commercial addition at 220 A Street SW costing 300 dollars. Charlotte West at 1822 Cold Stream Avenue NE plans a new dwelling for 600 dollars. A G Smid at 2900 Madison Street NE a new dwelling for 800 dollars. W H Ruttan at 1531 Fifth Avenue SE a dwelling remodel for 300 dollars. W Roy Harger at 513 Gwendolyn Drive NE a new dwelling and garage for 4200 dollars. William McDonnell at 1339 Third Avenue SW reroof for 255 dollars. Howard Martin at 2304 C Avenue NE a new dwelling and garage for 4200 dollars. Harry Cocker at 1339 Second Avenue SE a new apartment for 15000 dollars. Ben Dietz at 1229 Oakland Road for 3950 dollars.

Rapid Gas Corporation Charlotte West Coldstream Avenue A. G. Smid Madison Street W. H. Ruttan Fifth Avenue W. Roy Harger Gwendolyn Drive William McDonnell Third Avenue Howard Martin C Avenue Harry Cocker Second Avenue Ben Dietz Oakland Road

Markets At A Glance United Press Report

Stocks drop to new lows for the year in active trading. Bonds and U S governments weaken while foreign bonds falter. Curb stocks and Chicago equities remain weak. Foreign exchange steadies against the dollar. Grains in Chicago rise with wheat up about a third to a cent and corn up around a third to a half cent. Easter holidays close other commodity markets.

United Press U. S Chicago

Barrs to Return from Dallas in April

Clarence Barrs and his wife, long residents of Dallas since 1935, plan to move back to Cedar Rapids by April 15. They requested the Geerlings family vacate their Cedar Rapids home at 1953 Blake Boulevard SE. The Geerlings have rented 202 Forest Drive SE from Stanley Reid through Malcolm V. Bolton and Company.

Clarence Barr Dallas Tex Cedar Rapids P. J. Geerlings Blake Boulevard Barrs

Week's Most Active Stocks in a Down Week

The New York market showed no recovery as shares slid through the week and hit lows on heavy volume by Saturday. London did not follow Thursday’s break, closing for Eastern holidays. its Tuesday reopening will reveal if overseas sentiment improves. The 12 most active stocks are listed.

New York London Aviations Douglas

Hippeastrums Blooming Tips From Houseplant Experts

Enthusiasts praise hippeastrums for grand blooms and easy care. The guide covers planting depth, soil mix, temperature, seasonal routine, seed production, rest periods, and how to avoid bud blight in gloxinias.

Wisconsin man gets Dubuque school job

Raymond Klaas of Louisburg Wisconsin wins the general contract for Lincoln school in Dubuque with plans by Cedar Rapids architect Mark Anthony. Klaas bids 131,430 dollars. Plumbing and heating contract goes to Reuben L Anderson of St Paul for 21,893 dollars and electrical work to Metcalf Electric of Anamosa for 7,925 dollars.

Raymond Klaas Louisburg Wis Lincoln School Dubuque Mark Anthony Cedar Rapids Reuben L. Anderson St. Paul Metcalf Electric Company Anamosa

Chicago Produce Market Report Notes Mixed Butter and Potatoes

Receipts for butter show 985 291 with firm creamery 93 score 21 percent and other prices steady. Eggs receipts 34 098 weaken with current receipts 1442c and storage packed firsts 17c. Potatoes arrivals 83 on track 432 with heavy supplies and slow Idaho russets. U S No 1 prices quoted for several regional varieties, many at around 1.40 to 2.05 per cwt or per sack.

Chicago U. S Idaho Colorado Ohio Minnesota Red River Valley Cobblers Sandl and Texas Bliss Triumph

New York Eggs Butter and Cheese Prices and Receipts

AP reports steady receipts across eggs butter and cheese. Eggs show mixed color grades with standard and firsts pricing and average check. butter receipts rise with creamery and higher scores and prices. cheese receipts steady with no price change.

Local Realtors Named to National Real Estate Tax Board

John J. Wagner and Paul N. Clark were appointed to represent Cedar Rapids on the National Association of Real Estate Boards committee on real estate taxation. The group includes state and major city reps and will hold six regional meetings and a national convention to review tax readjustment efforts. The north central region will meet in Duluth on June 16 with W. W. Price of St. Paul serving as vice-chairman.

John J. Wagner Paul N. Clark Cedar Rapids National Association of Real Estate Boards Chicago Association North Central Iowa Minnesota Nebraska North South Dakota Wisconsin Manitoba Canada Duluth W. W. Price St. Paul

Real Estate and Mortgage Reports Linn County March to April

Linn County records show mortgages and conveyances from March 31 to April 6 with totals for March of 1935 to 1939. Aggregates include mortgage counts and values such as $395,481.38 in March 1936 and $436,199.13 in March 1939.

Linn County Abstract Company Linn County Ely Ocs Oo Dea Os

Local Securities Price Range Notice

The following quotations show price ranges of recent transactions and are not firm bids or offerings. For quotes on unlisted issues, contact the financial editor at The Gazette Cedar Rapids Iowa. Bonds.

the Gazette Cedar Rapids Iowa

Market Update: Electrolytic Spot Steady Amid Quiet Metals

New York reports electrolytic spot prices steady around 10.75 to 11.25 with export at 10.24. Other metals hold unchanged as market activity remains quiet.

New York

Italian Invasion Triggers Wall Street Selloff

New York stock market slumped 1 to 6 points amid heavy liquidation after Italy invaded Albania. Trading volume reached 1,640,000 shares as markets abroad closed for Easter, with widespread declines across blue chips, rails, and major industrials, and notable drops in Chrysler Owens Corning etc.

York INS Albania Eastman Kodak Chrysler Johns Manville Wright Aero du Pont Owens Glass Bethlehem Steel U. S. Steel N. Y. Central Illinois Central C. and O Union Pacific General Motors

Linn County Records Show March Jump in Car and Truck Registrations

Linn county residents purchased 512 new vehicles and 93 new trucks since January. March registrations reached 204 new cars and 42 trucks, compared with January 182 cars and 36 trucks and February 126 cars and 15 trucks. The Linn County Abstract Company compiled the figures from the treasurer’s office. The nine year March totals are listed in the county record.

Linn County Linn County Abstract Company Giksjee

World Gold Production Hits New Peak for Seventh Year

World gold output in 1938 rises to just over 38.3 million ounces, a new record mark for the seventh straight year. Major producers include South Africa and Canada, with the United States and Canada battling for third place. 1939 outlook calls for further gains in principal nations.

New York Standard Statistics Company Oun Peitish South Africa United States Canada

Newcomer Rentals Boost Ottumwa Housing Market

A. W. Estin moves from Chicago to 1401 C avenue NE renting a house once held by Chris Ness and owned by Bever and Co. Corwin Overton from Mount Pleasant rents 1574 Second avenue SE in Dr. Henry Hamilton’s building. Malcolm V. Bolton and Co. arranges leases including A R Erwin of Milwaukee to a furnished bungalow at 800 Wellington Street SE owned by Charles Jasa. J G Yeager from Des Moines rents 520 Fourth Street SW from Fred Yanda. Boltons again handle the lease.

A. W. Estin Chicago C Avenue NE Chris Ness Bever and Company Corwin Overton Mount Pleasant Second Avenue SE Henry Hamilton Malcolm V. Bolton and Company A. R. Erwin Milwaukee Wellington Street SE Charles Jasa Ottumwa J. G. Yeager Des Moines Fourth Street Fred Yanda Boltons

New Church Construction for First Lutheran in Manchester

Excavation began last week for the basement of a new church to be built this year by the First Lutheran congregation near their current church, which will serve as a parsonage. The erection contract is expected to be let in a few days.

W. J. Brown Cedar Rapids O. F. Paulsen Construction Company Manchester

Prof Hickok to Speak at Cedar Rapids Credit Dinner

Prof Charles T. Hickok of Coe College will discuss Causes and Effects of European Unrest at the Cedar Rapids Association of Credit Men dinner. The April meeting will be held Wednesday at 6 p.m. at the Montrose hotel.

Charles T. Hickok Coe College Cedar Rapids Association of Credit Men Montrose Hotel

Livestock Market Report Chicago AP Hogs Cattle Sheep

Hog receipts 200, market steady with top at 7.45 and light weights around 6.75 to 7.00. Cattle receipts about 100, fed steers and yearlings up 40 cents, cows and heifers firmer, stocker and feeder trade slow. Sheep receipts 1,000 with fat lambs down 25 to 40 cents, top near 9.90, bulk around 9.50. Estimated week holdover 500 hogs. Prices reflect mixed gains and declines across classes.

Chicago U. S. Dept. Agriculture

Electric Motors Wins Anita City Contract for Plant Wiring

Word reached Saturday that Cedar Rapids based Electric Motors Co won a $5,400 contract from the Anita Iowa city council to install station wiring and switchboard in the new municipal light plant. A Cedar Rapids crew led by Russell Schroder will begin work next week.

Electric Motors Company of Cedar Rapids Anita Iowa Municipal Electric Motors Company Julian Hupp Russell Schroder

New Manager at Riverside Fuel Co. 31 Sixteenth Ave

Riverside Fuel Co. at 31 Sixteenth Avenue SW announced Saturday a change in management. Arthur J. Janda, bookkeeper since August 1, 1922, will succeed A. J. Rypka as manager.

A. J. Janda New Mer Riverside Fuel Co Riverside Fuel Company Sixteenth Avenue SW Arthur J. Janda A. J. Rypka

Winterset invites new bids for $162,000 dam and filtration plant

New bids will be received May 5 at 1 30 p m in Winterset for the town s dam and water filtration plant estimated at 162 000 dollars. Previous bids opened last Monday were rejected as excessive. Plans were prepared by the Howard R Green company of Cedar Rapids.

Winterset Howard R. Green Company Cedar Rapids

Barber Shop Sold as Coffin Restaurant Set to Open

Del Kline buys the barber shop once run by Isaac Stone after John English's death. Mr and Mrs Clarence Coffin redecorate quarters in the Jones building and plan to open a restaurant soon.

Conesville del Kline Isaac Stone John English Clarence Coffin Jones Building

New Traer Home Under Construction for Fred Wieck

Construction begins this week on Fred Wieck’s new six room Cape Cod style home. The one and a half story dwelling advances local housing in Traer with a modest, practical design.

TRAER Fred Wieck Cape Cod

Also Mentioned on This Page

Thomas E. Flanagan APP Asenston Henry Ford U.S. Steel Edward R. Stettinius, Jr Santa Fe Chicago and North Western Chicago, St. Paul Omaha American Iron and Steel Institute Edison Electric Institute Association of American Railroads Ward Associated Press Lisbon Beck McGregor Arthur J. Redman Albert Lea, Minn Interstate Power Company Harry Hart Dutbuane Clarence Hagen McGregor and Wafterville Decorah Oo Ae England Rterly Income Olmstead Clarence Barrs Rubber Sons General Electric New York Central Radio Corporation Sewes Republic Steel Curtiss Wright Paramount Pictures James E. Bennett and Co Merchants National Bank W. H. Jump J. L. Rhea Bliss Carman Wagner and Clark Real Estate and Mortgage Reports Local Securities Central States Elec. Co First Ave Roosevelt Elec Elec. Co. & Pr. Co Aig United T & Ry Dela Are STOC Con States Central “States Elec Co LaPlant Ghoster Mfg. Co United United Lt Iowa Securities BONDS Pt & Lt Interstate Power Co Iowa Public Service Co Owa Southern Utilities Series Iowa Southern Utilities Series Louisaca Utilities ‘Co Iowa “University ‘Stadi Sioux City Gas & Elec Waterloo Cms Northern Cedar Falls Ome Pr. & Lt. Corp Abe Ceesesnone Aseeee Iowa Southern Utilities Co Iowa Southern Sition Bath Packing Co Sioux City Gas & Elec. Co Western Grocer Co Comaneni Metals Markets Newcomer Rentals NEW Church For Prof. Hickok Credit Men’s Chicago Livestock Electric Motors Co New Traer E. Cohn & Sons 9Th Avenue Third St Penick & Ford
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