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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 12, 1936

Page

25

Business And Industry Overcome Weather Restrictions

The Associated Press reports U S business and industry beat weather setbacks last week with gains in Easter trade and production. Activity rose in autos steel and freight, with auto output at a year high and freight car loadings up 2.2 percent from the prior week and 12.5 percent year over year.

Rader Winget Associated Press Midwest Pacific Coast Seaboard Department of Commerce

Saturday Stock Market Follows Irregular Trend

New York stocks showed no clear direction with small swings producing modest gains. Rail shares gained, metal and utility issues rose, and several individual names led a mixed session amid holiday and foreign news.

New York Atchison New York Central Delaware and Hudson Northern Pacific Reading U. S. Steel Calumet Hecla Kennecott Anaconda Phelps-Dodge New Tops Spiegel-May-Stern White Motors Warren Bros Curtiss Publishing International Paper Preferred Columbian Carbon American Car and Foundry Commercial Credit Jewel Tea Peoples Gas Cluett-Peabody the Fair Common Preferred Union Oil of California Standard of New Jersey

Seven Million Americans Receive Life Insurance Cash

New York reports that in six years one in seven Americans benefited from life insurance payments. From 1929 to 1935 over 17 million people received death claims, annuities, or matured endowments, with 7 million receiving cash in 1935 alone from dividends loans or surrender values.

New York United States National Association of Underwriters

Franc Steadies Against Sterling Amid Franco German Crisis

In London on Saturday the franc steadied against sterling as Franco-German political delays influenced currency markets. Call money quoted at 5 1 2 percent, bills at 9 16 percent, and the dollar held stronger against both currencies. The Bank of France's gold reserve nears 600 million francs amid speculation of a Dutch loan and French election outcomes.

London Lombard Street Holland Sarraut Bank of France Financial Times

Real Estate Transfers In Linn County Board upholds varied deeds

Sheriff Linn County transfers to Equit Life Assurance Society of the US and Equitable Life Assurance Society of the US with cash values cited. John Hancock Mutual Life Insurance to Flora A Jannsen. Several quitclaim and warranty deeds involving Mary Barnes Anna Carmody Joseph Navratil Mamie Krall Frank Krall Ruth Stanton and others. Dates range 1935 1936 1945 with recorded values and subject easements taxes or mortgages noted.

Sheriff Linn Co Equit Life Assur Society of US J H Ramsey Mary Barnes John Hancock Mutual Life Ins Co Flora A. Jannsen Valcon Equitable Life Assur Society of U S Shffs Pt E& Se George H Mann Albert C Marian E Shireman U _S of Am Christian Troup James B Berryhill Henry E. Ashby Irr Sur A. A. Mahannah Joseph F. Navratil Mamie Krall Frank Krall Cobban Adams Bradley Helen Price Ruth del T. Stanton Cobban and D. W. McLeod D. W. Bates Iowa E. W. Foley Carl W S. Louise Stuber Hus Eastland Manor Linn County Bertha M Edward W. Howell Elsie G. Blaine Lane Leonard S. Bohac Anna M. Carmody Alice M. Birch Charles G. Selzer Charles G Lillian Selzer Artie Hopker John Iva Bowers Orig Toddville Bethel L. Curtze Orval D. Pherrin John Clark Pherrin Jennie W. Pollock Sarah Albinia Otter Gladys Otterbein Basemann Spee Kingston West C. R C. R N. A. Mershon Bertha Mershon Dooley

Best Local Hogs Edge Up on Market After Grain Rise

Best hogs are slightly higher on the local market after a 5 cent advance in those grades Saturday. The top is up to 10.50 dollars. The good packers stay steady. Corn and oats also rise modestly.

Wilson’s

Cedar Rapids Miscellaneous Grain and Produce Prices

A local Cedar Rapids list updates wholesale and retail prices across grains poultry and produce. Grain items include corn ears and shelled varieties with figures from 44 to 49 cents, soybeans at 60 cents, and oats 23 cents. Produce covers heavy hens and cocks by weight, ducks, geese, eggs with grade prices, citrus fruits like oranges and lemons, potatoes, apples, bananas, and lettuce, plus various cured meats and hides noted with price ranges.

Helf Price

Predict Return To 1929 Rent Level

New York reports that 1929 rent levels may return in about a year and a half if current rent increases continue. Investor Syndicate vice president C. J. Ryan notes rents rise about 0.25 percent monthly, faster than 1922 24 postwar levels, with declines from 1924 to 1934 followed by a faster ascent since January 1934.

New York C. J. Ryan Investors Syndicate Minneapolis

Stocks Cash in on Timed Cautions and Dissent

A New York banking executive argues timing beats skill in business, and Major L. L. B. Angas outlines ten stock rules to avoid common traps. He urges buying only under slack markets, avoiding booms, and limiting losses to preserve gains.

New York Hollywood L. L. B. Angas Angus

Experts Watching Progress In Television Abroad

American experts monitor France Germany and England as foreign experiments push see and hear television. Paris Eiffel Tower and London Alexandra Palace already testing while United States conducts limited coaxial cable trials between New York and Philadelphia.

Washington France Germany England Eiffel Tower Paris London Alexandra Palace New York Philadelphia Federal Communications Commission

Savings deposits rise in New York mutual banks

Savings deposits in mutual banks of New York rose about 18 million dollars in the first quarter while depositors increased around 40,000. The association reported total deposits reaching 5.204 billion dollars from 5.973 million depositors at quarter end.

Mutual Banks New York Mutual Savings Banks New York State The Savings Bank Association of the State of New York

Wheat prices surge on crop forecast and exports

Chicago AP reports a broad Saturday buying surge as wheat jumps about 21 percent due to a government forecast suggesting significantly lower U S winter wheat production than private estimates. Gains supported by Canadian exports and Turkey's Dardanelles moves. May and July futures rose while corn oats and hog provisions also edged higher.

Chicago United States Turkey Dardanelles

Trading In Bonds Moderate Saturday

The bond market idled through a brief two hour session on Saturday with small gains and losses across domestic corporate bonds. Government issues moved within a narrow 1-32 to 2-32 range as transfers totaled 6.31 million dollars, with Treasuries among the most active, up about 2.32 points to 104.62.

New York U. S Associated Press Treasury

Copper Posts Five Year High Amid Global Market Rises

Copper abroad Saturday traded 9.15 to 9.20 cents CIF European ports with 9.20 cents the highest since June 1931. Domestic copper held at 9.25 and 9.50 cents. Lead, zinc and tin prices also moved, with antimony steady at 12 percent.

New York

Motorcar industry regains capacity output pace

The motorcar industry returns to a strong production pace with estimates near 4 600 000 cars and trucks for the year and some executives predicting up to 5 000 000. First quarter output matched last year’s level at about 1 100 000, with factory schedules showing continued high activity into spring.

Detroit

Steel Output In Chicago Area Rises to 69 Percent

In Chicago the local steel industry operated at 69 percent capacity this week, up 3.5 points. Observers expect capacity to reach about 70 percent next week as production continues to recover.

Chicago

Also Mentioned on This Page

Roosevelt Department of the Interior George Washington Capitol Cedar Rapids Cedar Rapids Life Mile Whipple Agency Insurance and Bonds American Trust Dial Public Utility St. el Wiews Ear St. P M. Gas Interstate Power Iowa Elec. Company Pet Iowa Elec. Co Elec, Lt Power Pfd Elec Elect Power & Light Ia. South. Util South Util N. W. Bell Tel Sioux City Gas & el United Lt. & Rys United Lt Rye Pet Aid Inter-Mountain Shares, Inc Colorado Bldg Denver Colo Wilson & CO Eewee Tere Eee Renee Wenn Maryland Fund At Eat Setae Nor Amer Gueeyer Ener Corp Care Gazette BY Merryle Stanley Rukeyser America Commerce Department Roland Welch United States Trade Berlin German War Department Post Office Department Welch ABC Bness Dickinson Secretarial School Cedar Rapids Savings Bank W. T. Sands Second St. NE David J. Wilkie Iowa Electric Company Ernest Kosek & CO Complete Investment Service Merchants Nat’l Bank
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