Industry And Trade Drive Ahead In Week Of Business
Reports show industrial activity rising to a 1939 high as the AP index climbs to 92.8, electric power output hits a near record, and iron ore shipments surge. Steel and motor production dip, Ford remains the pace setter, and retail and wholesale trade show mid summer strength across 37 cities.
MENTIONED IN THIS ARTICLE
Tion
Congress
Roosevelt
House
Associated Press
Great Lakes
Pittsburgh
General Motors
Ward
Ford Motor Company
Department of Commerce
American Iron and Steel Institute
Edison Electric Institute
Association of American Railroads
Ward’s
Wheat Prices Recede After Earlier Gains
Chicago markets ended with an easier undertone as late selling erased gains on the Chicago Board of Trade. Holiday closures in Liverpool and Winnipeg reduced foreign demand while hot Canadian spring weather spurred early buying, leaving traders cautious ahead of the commodity credit corporation action. Local receipts totaled 64 cars of wheat, 43 of corn, and 81 of oats.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Liverpool
Winnipeg
Commodity Credit Corporation
Local Permits Issued Across City Last Week
A weekly list shows numerous permits across Cedar Rapids for reroofing and remodeling dwellings, new garages, and commercial work. Notable amounts include Waveland drive NW shed $20 and City of Cedar Rapids park comfort station $2,240, with many residences and firms listed by name and address.
MENTIONED IN THIS ARTICLE
George Peacock
Sixteenth Avenue
Loren Kimes
Fruitland Boulevard
Mr. Andrews
Tenth Street
Karl Bernhard
C Avenue
Max Besig
Fifth Avenue
A. F. Knight
Charles Kre
Johnson Avenue NW
J. H. Christian
Eighth Avenue
Harry Toomer
C Avenue NW
Leo Asenbrewer
Southland Avenue
Carl Bartsch
Walter G. Peterson
First Avenue E
O. J. Elsenbast
Sixteenth Street
Martha Swartz
Twelfth Street
A. Nassif
B Avenue NE
J. W. Pavlis
E Avenue NW
Louise Schroeder
I Avenue
Fred Minor
Clarence Hager
Sevenlee Street
Arnold Roupe
Twentieth Street
Frank McGuire
L Street
R. J. Lubbock
A Avenue
Krebs
Eighteenth Street
Melvin Brown
Wilma Moorman
James Fetter
Wilson Avenue
Stanley Procok
Nineteenth
W. T. Sands
First Avenue
Paul Building Co
Third Avenue
Ws Real Estate Co
Second Avenue
Second Street
F. Barta
First Street
C. E.lucas
Ninth Avenue
Gus Winter
Highland Drive
Lee Carlson
Anthony Matyk
Third Street
Evelyn Wagner
Fourth Street
Andrew Powers
Nineteenth Tos
Keroof Swallas
Mt.ernon
East Iowa Towns See Building Activity and Business Moves
Marengo welcomes Marengo Lumber and Fuel manager Marengo’s P. Smith from Adel with his family planning to move. West Union approves Bell Telephone lot sale for a Cape Cod building costing about 75000, funds church reroofing. Anamosa sees cleaning plant changes and Lazio partnership. Maynard adds Gingham cafe. Independence begins a 12000 dollar two story colonial home for Leo O’Brien with attached garage. E G Brown serves as general contractor.
MENTIONED IN THIS ARTICLE
Marengo
Milo P. Smith
Adel
Marengo Lumber and Fuel Company
West Union
West Union Baptist Church
Northwestern Bell Telephone Company
Anamosa
Dean Bunce
L. A. Bunce
Albert
West Main Street
Salvador Lazio
A and P
C. Lazio
Independence
Leo O’brien
Fourth Avenue
Second Street
E. G. Brown
Stock Market Rebounds After Nervous Friday Trading
The market steadied Saturday after Friday’s jitters with gains in high priced issues and overall turnover around 240 000 shares. Strength in steel production and copper demand supported gains while department store sales and housing policy uncertainty weighed on some sectors. Oil and aviation moved mixed as bonds remained dull and grains steadied.
MENTIONED IN THIS ARTICLE
YORK
INS
Federal Reserve
Chicago Cash Provisions Price Table
Chicago AP price list shows cash grain values across wheat corn oats and barley. Wheat up to 65 cents for No 3 red and yellow hard mixed at 64 1/2 to 65 cents. Corn No 1 yellow 45 cents and white 2 cents. Oats No 2 feed 26 1/2 to 27 1/2 cents and No 3 mixed 27 1/2 to 27 3/4 cents. Barley malting 50 1/2 to 56 cents and feed 33 to 40 cents.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis Cash Grain Wheat and Corn Quotes
Minneapolis AP reports cash grain quotes with Saturday receipts at 379 cars up from last year’s 262. Wheat prices show 13-14 protein down ic with No 3 yellow corn price near 0 and various Montana and durum classifications. Oats bid for No 3 white around 24 34 to 26 40 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Schulze to Move into 2343 B Avenue NE Home
Theodore Schulze of 1115 Second Avenue SE bought the Harry Cocker property at 2343 B Avenue NE last week. He plans to move in about September 1. The sale was handled by Malcolm V. Bolton and Company.
MENTIONED IN THIS ARTICLE
Theodore Schulze
Second Avenue SE
B Avenue NE
Harry Cocker
Malcolm V. Bolton and
Mrs Lesher Home Sold to Power Couple
Mr and Mrs Harold Power of 1806 Bever avenue SE bought the former residence of Mrs E V Lesher at 1526 Bever avenue SE. Mrs Lesher has moved from the city.
MENTIONED IN THIS ARTICLE
Harold Power
Bever Avenue SE
E. V. Lesher
Lesher
City
Hinged Step Brings Lavatory Items Within Reach
A new bathroom idea features a hinged spring loaded step that brings lavatory faucets and medicine cabinet shelves within easy reach for younger users. The step folds into a wall recess when not in use.
MENTIONED IN THIS ARTICLE
Plumbing and Heating Industries Bureau
Chicago Grain Quotations
Lamson Brothers and company furnish grain quotations. H R Mowrey is manager with Cedar Rapids office located at 503 Merchant National Bank building. Contact phone 2 3141.
MENTIONED IN THIS ARTICLE
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchant National Bank
Newcomer Rentals Expand in Cedar Rapids Area
W H Frazer resigns as Anamosa reformatory warden effective July 1 and plans Cedar Rapids residence after August 20. He rents 1203 Elmhurst Dr NE from Mrs Conleyn via Fred E Collard. Rentals also include Dr E I Copeland’s bungalow to Merrill Pulliam, A B Coonce’s family at 3423 E Ave NE, and 1507 Third Ave SE to Higley. George Guernsey rents Prof Paul Ray’s furnished home at 2043 Blake Blvd SE for summer.
MENTIONED IN THIS ARTICLE
W. H. Frazer
State Reformatory
Anamosa
Cedar Rapids
John Conleyn
Elmhurst Drive
Fred E. Collard
E. I. Copeland
Park Avenue
Merrill Pulliam
Wilson and Company
Oskaloosa
Higley
Des Moines
Goodyear Tire and Rubber Company
George Guernsey
Pontiac Motors
Minneapolis
Paul S. Ray
Blake Boulevard
Real Estate And Mortgage Reports Hedges Company Activity
Hedges company handles rental of 2423 Bever avenue se owned by the Williams estate to Harlan Sober from Lisbon, linked to Honeymead Products. Rentals also cover 421 Nineteenth street ne to Joseph C. Boyle and 1933 C avenue ne to B F Snyder. Conveyances and mortgages in Linn county span July 28 to Aug 3 with 59 conveyances and 40 mortgages totaling 109382.56. July comparisons show five year trends from 1935 to 1939.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Kennedy couple buys house at 402 Fourteenth Street SE
Mr and Mrs Thomas J Kennedy formerly of 1265 Third Avenue SE have purchased from Mrs Elizabeth Giblin a residence at 402 Fourteenth Street SE and have taken possession of the property.
MENTIONED IN THIS ARTICLE
Thomas J. Kennedy
Third Avenue SE
Elizabeth Giblin
Fourteenth Street SE
Week's Most Active Stocks Show Utilities Gain
Unusual strength in utilities last week driven by rising earnings and expectations that opposition in Congress will curb New Deal attacks on utility firms. General market failed to follow with a Friday sell-off. bears debated whether it signaled a top or a routine correction. Saturday closed firm as sentiment shifted. The list highlights the 15 most active stocks.
Bank Clearings Dip Versus Last Year and Prior Week
Cedar Rapids Clearing House reports total bank clearings of 1 099 813 45 for the week ending Aug 5 down from 1 187 984 59 for Aug 6 1938 and below the 1 339 610 43 figure for the week ending July 29.
MENTIONED IN THIS ARTICLE
Cedar Rapids Clearing House
Duffy Heads Newly Incorporated Firm
M. W. Duffy was elected president of the Modern Interior and Equipment company Inc at a meeting last Thursday night. Other officers are M. O. Reiff Kenneth Ingham and L. H. Lubben, with B. R. Averill on the board of directors. The firm, manufacturing tavern and store fixtures and modern interiors, was recently incorporated, previously the Modern Interior and Display company.
MENTIONED IN THIS ARTICLE
M. W. Duffy
Modern Interior and Equipment Company, Inc
Tenth Street
M. O. Reiff
Kenneth Ingham
Tiffin
L. H. Lubben
B. R. Averill
Modern Interior and Display Company
First Avenue
Osborn Andreas Leases Walter Cherry Home in Honeymead Listing
Osborn Andreas, treasurer of Honeymead Products company, rents the Walter Cherry residence at 1743 First Avenue E for one year. The home has been occupied by P. H. Anderson for the past eighteen months. The lease was arranged through Malcolm V. Bolton and company.
MENTIONED IN THIS ARTICLE
Osborn Andreas
Honeymead Products Company
Walter Cherry
First Avenue E
P. H. Anderson
Malcolm V. Bolton
Local Securities and Bond Activity Noted
Local securities report notes ranges of recent bond transactions as guidance for investors. The Cedar Rapids Gazette financial editor highlights issues of interest and emphasizes market activity without official offerings.
MENTIONED IN THIS ARTICLE
Embi
Azette
Cedar Rapids
Iowa
Iowa securities and utilities listings with preferred notes
A stock table lists Central States Pt and Lt Inter State Power Co Iowa Public Service Co and others with percentages and year stamps. It includes Iowa Southern Utilities Co Western States Gas and Electric and Sioux City Gas and Electric common and preferred issues with marked percentages.
MENTIONED IN THIS ARTICLE
Elec. Co
Central ‘States
Central States Pt. & Lt
A Interstate Power Co
Owa Public Service Co
Iowa Public Service Co
Iowa Uthern Utilities
Iows
Iowa Southern Utilities ‘Co
Iowa University Stadium
Wate Win
Teria
Eceukn
Also Mentioned on This Page
Treasury
John W. Hanes
Thomas E. Flanagan
Rush
Office of Highway Commission
G. E. King
Sixth Avenue
T. B. Hlubecek
Twentyfourth Street
King’s Crown
E. Fields
C Street
Louie Mrstik
Paul J. Marsh
H. L. Davis
H. F. Gates
Robert Holmes
Mt. Vernon Avenue
F. E. Sutthof
E. A. Wise
Tenth Avenue
Sarah Culkin
A. Smith
Twenty-sixth Street
Florence Beenk
A. Fowler
Jerry Zelda
Frank Roubicek
Waveland Drive
N. J. Lee
Ninth Street
Iowa Highway Commission
Fifth Street
Loomis Brothers
Maynard
Vesta Foss
Mike
F. Moffat
New Deal Press
Europe
Far East
U. S
DOW Jones
U. & Bonds
Butler Bros Tie
Swift and
Midwest
Util i Edison
Newcomer Rentals
Real Estate and Mortgage Reports
Maryland
Mass Invest
Trustee Ltd Olies GB US
Loft, Inc
Southern
Chrysler Motors
S. Rubbersey
S. Steel
Celanese Corp
Ena Ene Ees
Erchants National Bidg
W. H. Jump
Res
Duffy
Local Securities
Central States
Roosevel
Owa Land & & Ride
United T
Elsware
Iowa Securities
E. Cohn & Sons Ltd
9Th Ave
Penick & Ford
Linn County Abstract Co
Frank N. Stepanek
Linn County Court House
E. J. Esgate
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