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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 30, 1939
Page
28
Disturbed by war fears, American industry continued to slip for the fourth straight week. The AP index fell to 84, the lowest since October, with steel production down and auto output easing. Retail and energy use showed regional gains while wholesale trade held steady amid cautious buying.
Carl G Helming 1817 Bever avenue SE purchased the house at 396 Park Terrace SE from Milo D Bagley. Sale handled by Tait and Wagner. Also closed through this firm were sales of 1938 Park avenue SE to George L Pierrot from Charles J Jesina, 826 Center Point road NE to Mary Harazdovsky, 1221 First avenue E, 2413 C avenue NE from G L Carlton to D H Jennison, and 511 A avenue NE from D W Bates as receiver of American Trust and Savings Bank to George Weiland. Charles A Clymer, formerly at 1527 Fourth street NW, bought 3900 Sherman avenue NE from the Home Owners Loan Corporation in a cooperative sale by Tait and Wagner and H W Tome.
The New York stock market showed little change over the week as traders awaited Hiver's Friday speech. Indecision persisted, with no clear bullish or bearish trend, suggesting domestic news will be needed to spark movement. The report lists the 15 most active stocks in the period.
Twenty eight principal growers from northeast Iowa attended a school of plant culture Tuesday at the Bezdek greenhouse on Johnson avenue NW. The event, under the Iowa State College extension and U S department of agriculture, covered African violets roses snapdragons sweet peas stock and chrysanthemums with John Wingert directing instruction. A dinner at the Roosevelt hotel in the evening honored Wingert James Wilson and R S Herrick following the classes.
A home on Ellis Boulevard showcases ease of use and modern comforts. The kitchen includes reachable utensils, adjustable shelves, and a maple breakfast set. The basement has steel I-beams, weather stripped windows, and a low fuel bill of 57 dollars. The house features multiple bathrooms, linen storage, and individualized bedroom colors. Built by Wilmer J. Robison.
Cedar Rapids saw a banking clearings rise last week, totaling 1,188,122.10 dollars for the week ending April 29, surpassing 1,062,536.04 dollars for the same period in 1938. Earlier in April the week ending the 22nd registered 957,372.0 dollars.
Frank Doupnik of 711 Ninth Street SW purchased the rental property at 1127 Ellis Boulevard NW from F. M. Burch of Wyomin g, Ia. The sale was arranged through A. A. Doolittle and company.
Local blog item lists permits from Penick and Ford LTD and many individual property owners. Entries include new dwellings, reroofs, remodels, and garages with amounts from 100 to 8,000 dollars across streets such as First Street SW, Hamilton Street SW, Thirty seventh Street NE, and more. Profiles include Frank Peedlan, Julia Kopecky, John Palumbo, Anna Soukup, Mary Sprynel, Elmer Mackey, and others.
The market edged lower as Friday's rally faded with 17 000 shares traded. News of Hitler's speech and unsettled Polish German tensions kept sentiment cautious while coal talks offered slight relief. Callahan Zine led activity at 8900 shares with a fractional decline. Crossley rose on new low priced car news. Steel and chemicals firmed modestly.
DYERSVILLE The Onyx Products company capitalized at 10000 has leased the former Yavapai Onyx building on North Florence street for its office and plant to manufacture finished onyx. J D Kittell of Lincoln Nebraska in charge says operations will start by Monday adding 15 men to a current force of eight. Payroll expected to reach 30 to 40 by midsummer. One carload of mined onyx received from Mayer Arizona mines. another consignment due. Frank J Riha of Omaha Nebraska is president W H Hitrell of Lincoln vice president. Directors include these men and Dr W A McVane of Dyersville.
Conveyances and mortgages recorded in Linn county from April 21 to April 27. Fourty four conveyances and thirty eight mortgages were filed, totaling 78 thousand 818 dollars and 48 cents. Compared with last year there were sixty five conveyances and thirty six mortgages, totaling 131 thousand 28 dollars and 17 cents.
Bedell Nissen reports eight real estate sales in the last week of April. Notable transfers include 1810 Washington Avenue SE from Ray Harbit to Dan Novak who takes possession May 15 and 222 Thirty-fourth Street SE from W. H. Burwinkle to I. S. Maloney with possession June 1.
Transactions include sales of multiple properties with possession dates in May. Ray Moneypenny sells 1601 Thirty-fourth street NE to Robert N Killen who takes possession May 10. Another sale of 908 Fifth street SE to John S. Mulcahey who takes possession May 20. 618 Tenth avenue SW sold to Ray Moneypenny with May 10 possession. 1728 B avenue NE, owned by Charlesetta Jolly estate, sold to Emil Rasmussen who has been leasing it. Ten acres on Zika avenue near Ellis park sold to Lenora M. Mallory of Newton. Bedell-Nissen, with Hedges company, sells lot on Eighteenth street NE owned by Mary Davidson to Bernice Pratt.
Copper steadies around 10.95 to 11.50, spot exports at 10.24. Tin remains quiet with spot 48.25 and forward 48.75. Lead holds steady in New York at 4.75 and East St Louis 4.60, zinc steady with East St Louis forward 4.50. Pig iron aluminum antimony quicksilver platinum and Chinese wolframite unchanged.
Linn County Board approves establishment of multiple proposed Secondary Road Districts including a Central City to Prairieburg road, refers petitions to the County Engineer, and orders reports and plats filed. The board authorizes tax deed sale, refunds, cancellations, and tax corrections, and lists numerous claims for poor relief, rent, supplies, and assessors' fees with extensive district and township details.
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