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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 28, 1940

Page

5

Allied Buying To Provide 2 Billion Impulse To Business

The Factory trade magazine estimates Allied war orders will inject 2 billion dollars of demand into the U.S. peacetime economy in the first year, fueling a jagged recovery. Aircraft, chemicals, lumber, copper and leather are among boosted industries, while trade shifts with the United Kingdom and Nordic routes pose risks. Shipbuilding and aviation payrolls rise, with aircraft employment around 70,000 and capacity near tripling, as retailers see spring demand improve and residential building uptick offers hopeful signs.

Allied YORK Germany Denmark Norway Balkans Mediterranean U. S Canada Latin America United Kingdom National Foreign Trade Council England United States Scandinavia Associated Press Weekly

Linn County Real Estate Conveyances and Mortgages Report

Conveyances and mortgages recorded in Linn County from April 19 to April 25. Totals: 76 conveyances, 50 mortgages, mortgages aggregate 91521.65 dollars. Compared with last year: 54 conveyances, 38 mortgages, mortgages aggregate 78818.48 dollars.

Linn County Linn County Abstract Company

Cedar Rapids Bank Clearings Rise Slightly In Week

Bank clearings in Cedar Rapids increased to 1,169,705.69 through Saturday, up from 1,036,875.99 the prior week. For the year-ago week ending April 29, 1939, clearings totaled 1,188,122.10.

Cedar Rapids

Spring Lawn Care Advice for New Home Owners

The federal housing administration offers guidance for new homeowners on lawn and shrub development. It advises saving topsoil, adding fertilizer, possibly seeding with clover, delaying seeding if needed, seeking neighborly experience, budgeting for a shade tree, choosing durable shrubs three feet apart, and planting fruit trees to provide early fruit and shade.

Land Planning Division Federal Housing Administration

Local taxes rise sharply as cities seek reform

The National Consumers Tax Commission reports U S local taxes grew from 1 219 billion in 1913 to an estimated 4 300 billion in 1939 an increase of 247 percent in 25 years. NCTC units in 5 000 cities seek cheaper municipal methods to halt the rise.

Chicago United States National Consumers Tax Commission NCTC

Grain Quotations Service Listing

Chicago grain quotations furnished by Lamson Brothers and Company with H R Mowrey as Cedar Rapids contact at the Merchants National Bank building office. Provides local pricing details and brokerage contact.

Chicago Lamson Brothers and Company H R Mowrey Cedar Rapids Office Bank Pice Merchants National

Food Stamp Plan Introduced in Linn County

The federal surplus commodities program launches in Linn County May 9 to aid low income families and lift farm demand. Local offices will certify eligible relief cases, distribute orange and blue stamps, and route purchases through Cedar Rapids and rural branches to cover the county.

Linn County Linn Court House Plan Relief Office George H Pettit Federal Surplus Commodities Corporation Department of Agriculture Mildred Hunt Board of Supervisors Mr. Pettit James E. Farrell W. P. Oliver Cedar Rapids H. G. Britton The Commodities Corporation Marion Third Street Ely Putnam Township College Township Bertram Township Fairfax Fairfax Township Clinton Township Fayette Monroe City Hall Brown Townships Springville Viola Whittier Alburnett Mount Vernon Air Hall Franklin Township Linn Township North Linn Savings Bank Center Point Relief Department Indhaciue Cedar Rapids-Linn County Food Industries Council Board of Supervisors and Relief Department FSCC Food Council P. F Keehn Theodore Blaul Ralph E. Walker James E. Farrell Harold G. Britton

Red Cross Sets Up Oslo Relief Fund and Credits

The American Red Cross announced a $25 000 credit with the British Red Cross in London to buy medicines for Norway. Purchases will be made in England and shipped to Red Cross units in Norway. Chairman Norman Davis said further plans to provide additional supplies are being studied.

Washington INS Norway Red Cross London England Norman Davis

Canadian carloads rise and retail sales lift signal trend

Dominion bureau data show week to April 20 carloadings at 51 132 up from 50 348 the prior week and 44 066 a year ago. Federal Reserve reports indicate country wide department store sales up 7 percent from a year earlier. Major corporate results include Beech Aircraft six months and three weeks of 1940 sales 1 117 438 versus 1 328 296 prior year and Borg Warner profit 1 776 240. Curtis Publishing 665 329. Sinois Central profit 2 220 403. Kresge slim year profit 80 418. Paramount 3 874 944.

Dominion Bureau of Statistics Federal Reserve Board Corporation Beech Aircraft Corporation Borg-Warner Corporation Curtis Publishing Company Sinois Central Railway Company Kresge Paramount Pictures, Inc., and Subsidiaries Consolidated

Week's Most Active Stocks Summary

The market declined slowly last week amid war and peace stocks slipping with limited buyer interest. Mild rallies lacked follow through while Celanese and Baldwin showed relative strength. Rails earnings improved year over year but failed to spark broad moves as traders hoped for leadership from this group.

Celanese Baldwin Rails

Negro Congress Leader Attacks Roosevelt Policy

John P. Davis of the National Negro Congress accuses the Roosevelt administration of siding in Europe’s imperialist conflict and urges labor and youth to unite for an end to the policy. He defends the Soviet Union and calls for banning loans and arms to belligerents while stressing domestic battles against hunger lynching peonage Jim Crow and voting rights. Davis says the enemy of democracy is at home and notes his visit to the Soviet Union revealing Russian friendship and aid to oppressed peoples.

Washington John P. Davis National Negro Congress Roosevelt Europe

Fires at Fort Des Moines Probe Blames Firebug

Army officers and federal authorities probe a string of fires at Fort Des Moines. Three fires hit Wednesday night and one early Thursday. Minor damage but officials warn the incidents could have had serious consequences.

Milk Use Sets Record High In 1939 Consumption

The American Institute of Food Distribution reports a national record in dairy consumption for 1939. Per capita intake reached 842 pounds in milk equivalent, marking a new high in the country’s diet.

American Institute of Food Distribution Reports

Wheat Futures Record Gains After Decline

In Chicago on Saturday wheat prices firmed with gains up to 15 cents a bushel after an early drop to two week lows. Corn and oats also recovered, soybeans mixed. Open interest on the local wheat market hit 122.7 million bushels, highest since October 1937, as prices closed higher across markets.

Chicago INS Chicago Board of Trade Winnipeg Buenos Aires Commodity Exchange Administration Russia Arom Aviation Boeing Johns Mansille Chonicas Motors

Markets fluctuate as receipts steady across regions

Chicago and New York market notes show receipts for onions potatoes eggs and butter with mixed price movements. Prices vary by grade and region while demand remains uneven across U S markets, including Wisconsin Minnesota and California.

Chicago Colu Minniesuta Dakota Batley Ohios Wiscotts California New York

Prodice Futures and Storage Standards Report

Samson Haas and Co presents standards for refrigeration and storage dated November 27 with EGGS Refrigerator standards noted as Apr B50 October 1960. The report cites BUSTER storage guidelines and related appliance benchmarks.

Samson Haas, and Co Buster—Storarce

Dysart-Traer Road Rebuilding Accelerated With 24 Hour Shifts

The Dysart to Traer highway No. 8 is being widened and rebuilt to a graveled standard, linking highways 218 and 03. Crews operate around the clock in three eight hour shifts, with new concrete bridges and culverts installed and a 120 foot right- of-way requiring farmers to move fences and trees. Trailer homes for workers are parked in Dysart park and connected to city power.

Dysart Traer Rock Island Dysart City Park

Stock Market recovers from Fridays setback in steady session

The market regained strength with gains in steel and paper shares though volume remained light at 350000. Atlantic Refining National Acme and Baldwin Locomotive certificates led advances while US Gypsum US Rubber and Montgomery Ward posted notable lows. overall earnings expectations rose on higher pulp and paper prices.

Atlantic Refinding National Acme Baldwin Locomotive US Gypsum US Rubber Montgomery Ward York INS RFC International Paper Bethlehem US Steel

Stocks And Bonds Of Interest In Eastern Iowa

Eastern Iowa market notes show price sense of recent trades in various issues. Quoted prices are not firm bids and offerings and readers may contact The Gazette in Cedar Rapids for issues not listed.

Iowa the Gazette Cedar Rapids

Poor Grading Causes Wet Cellar in Basements

The article explains how improper finishing grade directs water toward foundations, urging regrading to slope away from buildings. It recommends 12 inch bath filling near foundations, suitable drain tile setup with tar paper or burlap, a gravel cover, and keeping fill away from wood construction.

Shingles Long Lived Says National Bureau

A National Bureau of Standards report finds asphalt shingles will last longer than those 20 years ago due to better manufacturing, felts, coatings, and ceramic granules. The survey counted 6,549 rural roofs from Wilmington to Syracuse and found 3,991 covered with asphalt shingles.

National Bureau of Standards Wilmington Del Philadelphia New Haven Conn Boston Mass Manchester N. Hi Portland Rutland VI Albany N. Y Syracuse Noy

Hardwood wall board for natural finishing and painting

Hardwood wall board is available at moderate cost. Panels measure 4 by 8 feet and 14 inches thick, resin bonded for moisture resistance. Veneer faces run the long grain, with uniform grain that can be stained painted or enameled without raising the grain.

GE Develops Pencil Shaped Magnet to Remove Eye Fragments

General Electric introduces a magnet molded as a pencil to extract steel filings from the eye. The alloy concentrates magnetic force at the pencil tip for precise removal.

Schenectady N. Y General Electric Company

Also Mentioned on This Page

Allied Buying Frank Macmillen Real Estate and Mortgage Reports Shade Tree Ares. Ae Bob Estabrook United Press General Business Seeee Ae Radio Corp Int Merc. Marine Republic Steel Great Northern RR Willys Overland Oe Celanese Corp One Worthington Pump Lockheed Aircraft Soviet Russia Soviet Union Fort Des Moines Owen High Bay Minneapolis CASI Montana Dysart-Traer DOW Jones Sessee Wond-Steel Sanford Stock Exchange Aviations Steadier Central States Elec Central States Elec Co Cherry-Burrell Co First Ave. Holding Co Roosevelt Hotels Honeymead Products Co A& P Towa Electric Interstate Power Co Entities Co Untitles Southern Untties Co Southern Anticles Co Ae Utilites Co Ser Town University Stadium Sr Y LaPlant- Choate I'S Ford United AL Rae United Wilson National Bureau Devide Shaws Astee Std Oil Vrrystin Sats Tee Tt & & Poy A. G. Heim Roosevelt Hotel Money Corporation S22 Ave Ind Pleer Zad Ave
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