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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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