Business optimism grows as Chamber cites gains in 1939
The United States Chamber of Commerce released an optimistic review of national business conditions, crediting Congress with sparking an era of general improvement since June. Government reports show upward trends in postal receipts, retail sales, and manufacturing, with steel and coal among leaders, and imports rising.
MENTIONED IN THIS ARTICLE
Ashington
INS
United States Chamber of Commerce
Ny Ngyes
Congress
Chamber
Joey Att Wa
Duswesss
Post Office Department
Commerce Department
Union
Federal Reserve
William Howes
Local Reports Show Continued Business Gains in Cedar Rapids
July saw higher employment at 5,202 across 20 firms up from 5,135 in June. Electric power use rose to 18,344,590 kWh from 17,828,010. Real estate transfers rose to 268 from 227. Auto sales held steady with 215 cars and 42 trucks in July. Inbound carloadings increased to 2,230 while outbound fell to 2,419. Telephone connections reached 18,528. Bank clearings totaled 5,332,300.75 dollars. debits fell to 24,201,134.62. Building permits dropped to 263 with valuation at 224,255. Post office receipts dipped to 45,642.67. Gas consumption declined to 27,145,300 cubic feet.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago cash grain prices listed by commodity
Chicago cash provisions show bids for wheat corn oats barley timothy seed and clover reed with ranges and nominal figures. Prices include No 2 yellow corn No 1 white oats malting barley and red top and alsike clover reed with per hundredweight quotes.
MENTIONED IN THIS ARTICLE
Chicago
Wheat prices surge on European crisis fears on Chicago board
Wheat futures climbed on the Chicago board as European political tensions spurred demand. Sept wheat rose to 67 1/2 cents, December and May futures to 66 1/2 and 66 1/2 cents, while Winnipeg and Liverpool also gained. Export subsidy began Saturday with unknown sales. about 200,000 bushels estimated, mostly Manitoba.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago Board of Trade
Winnipeg
Alberta
Liverpool
Rotterdam
Buenos Aires
Local Securities Price Range Brief
The following quotations show price range of recent transactions and are not firm bids or offers. For quotations on additional issues, contact the financial editor at The Gazette in Cedar Rapids Iowa labeled BONDS.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Copper steady as markets close in New York
Copper held at 10.50 in electrolytic spot and 19.65 for export. Other metals remained nominally unchanged.
MENTIONED IN THIS ARTICLE
New York
Week's Most Active Stocks Rally Falters as Europe News Looms
The market opened strong but slipped to new lows after ominous European developments. Buyers hesitate awaiting abroad clarification while timid sellers accept lower bids. The group sits near a strong resistance point with a potential sharp rally if favorable news emerges. The piece lists the 12 most active stocks.
MENTIONED IN THIS ARTICLE
Europe
Building activity and business changes in East Iowa towns
In Tama construction begins on a 107 by 65 foot two story brick addition to Central Fibre Products to house a lining machine and offices, while the former offices become a Tama American Legion club room. In Manchester two new store fronts costing about 3000 dollars are begun for Gamble and Bushnell stores with structural glass fronts and remodeling of the Harry Campbell studio. In Wellman the new Toggery and Bootery opens after a fire redecorating with Mearl Munson and Lowell Dodds in charge of departments. In Anamosa Will Cripps lands the Lee Sanners home contract on Second Street a white shingled six room dwelling. In Traer excavation for Leonard Mix east Traer home basement proceeds for a one story dwelling with full basement and oil heat.
MENTIONED IN THIS ARTICLE
TAMA
Central Fibre Products Company
Enright Schrader Post
The
American Legion of
H. T. Cherry
Mancitester
Gamble
South Franklin Street
Charles J Leeds
Myron Bushnell Grocery Store
East Main Street
H. S. Tubbs
Will Cripps
Lee Sanners
Second Street
Chamber Bulletin Claims Western Gov Expenditures Surpass Income
Cedar Rapids Chamber of Commerce highlights in an illustrated leaflet that western states excluding Louisiana have government expenditures of 17.743 billion against 17.607 billion in income. The 1932 federal outlay stands at 4.948 billion with a 1939 budget pegged at 9.743 billion, up 94 percent.
MENTIONED IN THIS ARTICLE
United States
The
Cedar Rapids
Roosevelt
Cedar Rapids Bank Clearings Dip Week Over Week
Cedar Rapids Clearing House reports $1 005 433 31 in bank clearings for the week ending Aug 19 down from the prior week but ahead of the Aug 20 1938 level at $944 133 64. Week ending Aug 12 posted $1 260 391 79.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Stock Market Tumbles On War Fears In New York
Wall Street closed on a cautious note as global tensions rose. Major shares slipped with Eastman Kodak and DuPont down, while U S Steel held steady and some leaders recovered late. Gold flows to the U S and British funds added pressure on the pound amid foreign exchange weakness.
MENTIONED IN THIS ARTICLE
New York
INS
Eastman Kodak
DuPont
U. S. Steel
Bethlehem
Douglas
British Equalization Fund
Mid-Continent
John W. Hanes
Wall Street
Secretary of the Treasury
Congress
New York Stock Exchange
Henry W Siepman Buys Cedar Park and Renames It
Henry W Siepman purchases Cedar park from A J Cassel effective immediately. The site between Cedar Rapids and Marion will be Cedar Acres with the dance pavilion renamed the Siepman pavilion. He plans to enclose the ballroom for year round dancing, build a home, install a roller rink, and add picnic grounds.
MENTIONED IN THIS ARTICLE
Cedar Park
Cedar Rapids
Marion
Cedar Acres
Henry W. Siepman
Longwood Drive
A. J. Cassel
Bever Avenue
Siepman
Retail Trade Gains Highlight Early 1939 Economic Pulse
A year‑to‑year upturn in the first half fuels a one billion dollar retail trade gain led by a 40 percent surge in motor car sales. Steel production climbs to a post‑1938 high while price pressures ripple through oil and anti trust actions target the Kraft Paper association.
MENTIONED IN THIS ARTICLE
New York
Kraft Paper Association
Trade Gains Noted In Weekly Commerce Review
The commerce department reports in 36 cities that retail and wholesale trade held up after seasonal adjustments with sales above year ago. Aircraft industry operations remained well sustained with hopeful prospects. AP index of industrial activity rose to 94 from 93.2 last week and 76.3 a year earlier.
MENTIONED IN THIS ARTICLE
Commerce Department
Associated Press
Real Estate and Mortgage Reports for Linn County
Conveyances and mortgages recorded Aug 11 to Aug 17 by Linn County Abstract Co show 51 conveyances and 27 mortgages. Mortgage aggregate totals 62,599 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Mortgage totals and conveyance counts in 19th century records
The record lists 61 conveyances and 33 mortgages. Mortgages aggregate to $56 704.17 in the documented accounting.
Also Mentioned on This Page
Industry Advantees
Consolidated Business
Industrial Bureau of the
Chamber of Commerce
Ione
Lamson Brothers and Company
R. Mowrey
Mer Bank
St. SW
Local Securities
Iowa Securities
First Ave
Central States
Elec. Co
Roosevelt Vaion
Tonee Tee
United
Va United Lt
United Lt. & Ry
Maine
Delaware
Aes
Towa Elec. Co
Towa Elec
Eree
la Plante Choats Mig. Co
Bee
Pr & Lt
Interstate Power Co
Town
Southern Utilities
Southern ‘Utilities
Towa
Southern’ ‘Utilities ‘Co
Iowa University Stadium
Sioux City Gas & Etec. Co
Waterigo
Cedar Falls & Northern
Gensel
Pr. & Be Corp
Power Co
Iowa Southern Utilities Co
Iowa Southern Utilities [Co
Bath Packing Co
Western Grocer Co
Sioux City Gas & Elec. Co
Fairbanks-Morse
Fairbanks Morse
Home Coal CO. State Theater Building
Third Avenue SE
Chrysler Motor
General Motors
U. S
Commonw
Southern
United Corp. Nat. Pwr. & Lt
Col. Gas & Free . TY
B. E. Goodrich
Eng. Pub. Service Ae
Jas. E. Bennett and Co
Merchants National Bank
W. H. Jump
Res
Traer
East Traer
Leonard Mix
Govt
Maryland
New England Fund
Nor Am Tr
Am Sh Inc
Thomas E. Flanagan
Madiutation Af Waur moaAnte A Tashington
Real Estate and Mortgage Reports
E. Cohn and Sons
9Th Avenue SW
Cartage Contractors
Messinger and Sons
First Avenue NW
Messinger & Sons
First Avenue
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