Wall Street Wary of European Tensions and War Risk
Wall Street futures fell on fears over Europe as Yugoslavian raids, Danube control, and wartime nerves unsettled markets. U.S. auto wages face new talks with 92 percent predicting higher prices, while leaders brace for possible price shifts and slower commerce.
MENTIONED IN THIS ARTICLE
J. A. Livingstone
General Motors
Chrysler Corporation
Marquis Childs
C. L. Sulzberger
Russia
Sweden
Iran
Iraq
Palestine
Danube
Germany
United States
Trieste
Dardanelles
Reconversion Progress Signals Market Strain and Price Pressure
The article notes war production restarting while peacetime reconversion occurs, risking higher deficits and money supply growth. Firms may face restored excess profits tax, while forward buying risks rise as stores hold orders far above monthly sales, though shelves are improving and competition may stabilize prices.
Parker Elected to North Star Life Board
Clyde Parker, superintendent of Cedar Rapids public schools, was elected to the board of directors of the North Star Life Insurance Society last week. The appointment was announced by R. Christofferson, secretary treasurer, at the society’s Moline Illinois main office. Parker previously served as superintendent of the Moline public schools.
MENTIONED IN THIS ARTICLE
North Star Life Insurance Society
Clyde Parker
Cedar Rapids Public Schools
R. Christofferson
Moline
Parker
Moline Public Schools
New Ad Copy Chief Named for The Gazette
James C. Sweeney is appointed advertising copy department manager at The Gazette. The Cedar Rapids veteran has years in ad layout and client messaging, with prior posts at Steele County Photo-News and Owatonna Daily People. He served in the Navy and returns to The Gazette after a stint with Montgomery Ward. He and his wife live at 3002 Sidney Street with three children.
MENTIONED IN THIS ARTICLE
Gazette
James C. Sweeney
Charles H. Moore
Sweeney
Cedar Rapids
Moore
Marion High School
University of Iowa School of Journalism
Steele County
Naval Service
LST
The
Montgomery Ward
Rock Island
Davenport
Moline
Jimmy
Jerry
Judy
Sidney Street
Real Estate And Mortgage Reports From Linn County
Conveyances and mortgages recorded August 16 to August 22 reported by Linn County Abstract. Records show 98 conveyances and 60 mortgages totaling 207,480.00. Additional data lists 87 conveyances and 42 mortgages totaling 153,291.06.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Senator Will Appeal Higher Freight Rates
Senator Glen H. Taylor of Idaho warned the Interstate Commerce Commission that if it approves a 25 percent railroad freight rate increase he will challenge the decision in court. He urged rate reductions, calling higher rates unjust to Idaho farmers and citing antitrust charges of artificial westward pricing.
MENTIONED IN THIS ARTICLE
Washington
INS
Glen H. Taylor
Idaho
Interstate Commerce Commission
Taylor
ICC
Anti-Trust Division
Justice Department
West
Army
Navy
Market Skids and Recovery Nets Mixed Week
United Press reports a sharp stock market decline over Wednesday and Thursday with heavy selling and higher volume, followed by a mid session rebound. Prices closed with modest weekly losses as American Telephone tumbled on a debenture plan, while rail and other issues ranged in losses and gains amid a cautious market.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph Capital
Indianapolis traffic cop warning shocks pedestrians
Two out-of-town men, walking against a red light in downtown Indianapolis, were startled by a traffic cop who declared in a blunt warning that in Indianapolis they kill people who walk against the traffic light.
MENTIONED IN THIS ARTICLE
Indianapolis
Cedar Rapids Bank Clearings Report Week Ended Aug 24
Bank clearings in Cedar Rapids for the week ending August 24 totaled 2 972 150.31 dollars, up from 2 385 864.21 dollars in the same week last year. Week ending August 17 clearings were 2 876 448.19 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Aviation warfare veteran named Collins aviation sales head
Capt Willis E Cleaves USN, after 22 years in naval service with focus on aviation communications, becomes manager of Collins Radio aviation sales in Cedar Rapids. He earned the Silver Star and Purple Heart for wartime service and held key posts including commander of patrol squadrons and aircraft carrier Palau before retirement plans.
MENTIONED IN THIS ARTICLE
Willis E. Cleaves
USN
Collins Radio Company
Cedar Rapids
Navy
Cleaves
U. S. Naval Academy At
Annapolis
U. S. Naval Air Station
Pensacola
Harvard University
Bureau of Aeronautics
Washington
Atlantic
Casco
Aleutian Islands
Palau
Labor Policy Talks Pulse Wage Stabilization Debates Begin
Washington AP report notes Reconversion Director John R. Steelman and the wage board met as White House talks continue to plot a possible new wave of wage demands and strikes. The CIO urges action to meet rising living costs, with key decisions on preserving the Wage Stabilization Board and adjusting for cost increases. The stabilization order currently allows wage climbs up to 33 percent above January 1941 earnings, with new cost data adding about 9 percent more to last October’s estimate.
MENTIONED IN THIS ARTICLE
Washington
John R. Steelman
White House
CIO
Bureau of Labor Statistics
Reward for Showing U S How to Save
The government plans cash prizes up to 1000 dollars for federal workers who propose savings ideas. Congress extended the scheme to all agencies with no annual cap except in the war and navy departments, which have no top limit. Some agencies already use such rewards, yielding hundreds of millions in savings.
MENTIONED IN THIS ARTICLE
Washington
Congress
War and Navy Departments
War
Navy,post Office and
Interior Departments
Maritime Commission
Ellis Pool to Close Tonight After Sixth Season
The Ellis Park municipal swimming pool will close for the season tonight per the playground and recreation commission. Attendance dropped 75 percent in two weeks due to cool weather. In six years the pool has operated on revenue, not taxes, with 39 402 total visitors by July 31 including 35 560 paid admissions and 3 842 free passes. Over 500 enrolled in swimming classes and more than 50 joined canoeing and small craft classes. About 1 000 attended last Wednesday’s water show.
MENTIONED IN THIS ARTICLE
Ellis Park
Playground and Recreation Commission
Commission
John N. Nichols
Nichols
Legion Processes 551 Terminal Leave Forms
By noon Saturday the Hanford post of the American Legion had processed terminal leave forms for 551 Cedar Rapids area veterans. Adjutant Ralph Mock announced the Legion's service is complete including making photostatic copies of discharge forms. An expanded service office operates at the Town club with four clerks on duty daily from 10 a.m. to 9 p.m. except Sunday.
MENTIONED IN THIS ARTICLE
Hanford Post
American Legion
Cedar Rapids Area
Ralph Mock
Mock
Legion
Construction Permits and Dwellings by Address and Cost
A long list of building permits including new dwellings, remodels, reroofs, and moved-in structures. Notable entries include George McNabb at 3076 Circle drive NE $800, Arthur Schmidt at 426 Nineteenth street NW, $5 000, Narva Hotel Corp remodeling at 316 First avenue NE $500, Hamilton Development Company new dwellings at multiple Franklin avenue NE sites $5 000 each, Cedar Rapids Homes Corp new dwellings at several Mound avenue SE sites $5 500 each, and numerous other projects with varying costs and locations across NE NW SW SE.
MENTIONED IN THIS ARTICLE
George McNabb
Circle Drive
Richard L. Pike
Center Point Road
Heather and Company
F Avenue
Arthur Schmidt
Nineteenth Street
Elmer Bartholomew
Fourteenth Avenue
R. E. James
A Avenue
B. C. Hofford
B Avenue NW
Hugh White
Thirty-eighth Street
Narva Hotel Corporation
First Avenue
Arthur Peckham
Thirty-fourth Street
Joe Hurt
Old Marion Road
Albert Schultz
M Street
C. E. Severn
Twenty-seventh Street
Mabel van Note
Thirtieth Street
Frank Burr
Harold L. Cerveny
Twenty-eighth Avenue
Mary Meakins
Fifth Street
Charles T. Kennedy
Third Street
Harold E. Kline
R. V. Quaid
Tenth Street
C. C. Hillhouse
Third Avenue
L. M. Hullinger
Second Avenue
Joseph Allen Craft
Eighteenth Avenue
Robert Swain
Twelfth Street
Robert McDermott
W. J. Binney
Floyd Kness
Rompot Street
Ben F. Pohorsky
George Stansbery
Charles R. Ask
Thirty-sixth Street
Phillip’s Petroleum Company
Hamilton Development Company
Third Avenue SE
S. P. Moore
Park Terrace
William M. Heitz
Second Street
George F. Barta
Twenty-first Avenue
J. W. Griffen
Iowa Avenue
A. G. Wingert
Forest Drive
Alma Tarecek
Sixteenth Avenue
Mike Zervas
Upland Drive
D. D. Hahn
Also Mentioned on This Page
Wall Street
Europe
Paris
Hits World Trade
U. S
Gallup
Chrysler Department
United Auto Workers
Auto Workers
Detroit
Wii
Federal Reserve Board
J. A. Livingston
Starr Furnace
Liberty Furnace
Kenwood
W. T. Sands
Gesent
Sivast
Roosevelt
Moline Insurance Co
Pup Mills
Hull
Gatineau River
Quebec
Real Estate and Mortgage Reports
Elmer C. Walzer
United Press Financial
Akron
PU Rm Ag
Ernest Kosek
N.Y
Nat'l Power
United Corp
Scannne Ue
Rolling Mills
Int
Telespee
Montgomery Ward Sonces
Edison Easennnovee
Radio Keith
James E. Company
William H. Jump
Collins
U.S
Ellis Pool
Iowa
Anderson - Pritchard Oil Co
Omm Posen Deer Se
Eset Sretevere Amoiene Gas and Electric Co
Central States
Elec Co
Cherry-Burrell Co
Collins Radio
Curtis Company Ipruenant Trailer
Ehauf
Seiki
Eeensentees
nTne Corp
Ocean
Interstate Power Co
Pita
Interstate Pr
Elec
Iowa Public Service
Iowa Pian Oandionan
Ig Co Co Te
Mid-Continent Air Lines It Lumber Co
Ssaees
National Pian Lines
National Nick & Ford Ltd Inc Common
Quaker Ewree
Quaker Oats One Ee
Rath Packing Co C
Eee
Ge Gas & Electric Arc Mw
United Ouight and Railways
Hee
United
Lt & Rys Co
United Lt. Rys Co
United Lt. & Rys Co
Cedar Falls
R. Ee Ae
Swaterloo
Norvane
Wilson & Go
Wilson & & Co
Vv & Mp
Knapp and Company
Merchants National Bank
Dial
Russell F. Knapp Henry Gundling
Lowell M. Taylor
Sam
Johnson
M Avenue
Louis Ralston
E Avenue
Bert Vogel
Eighth Street
Charles J. Cirkl
Sixth Street
A. J. Swearingen
Coldstream Avenue
John L. Benish
Fred Vost
Jack Walsh
J. C. Blodgett
Linn Boulevard
A. A. Hemphill
Seventh Street
Eldon L. Fowler
Thompson Street
Frank Novak
Milo Mahring
Charles J. Wade
Fourth Avenue
John Shank
Eleventh Avenue
E. J. Rasnake
Floyd Doty
al Anderson
W. L. Erwin
Edward F. Pribyl
Maplewood Drive
R. E. Bucknell
D Avenue
J. F. Hladky
Fifth Avenue
Rose Niedermeyer
J Avenue NE
Morriss
Morris Plan
Morris
American Mutual Life Insurance CO
R. M. Threlkeld, Sr
Merchants Bank
Frank L. Buser
the Hedges Company
Hedges Company
Buser
Hedges Co
Realtors
Dows