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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Dec 06, 1936

Page

22

Christmas buying boosts U S business activity in week

The Associated Press reports a broad upturn in retail and wholesale trade led by holiday demand. The index of industrial activity reached 99.2 the highest since 1929, with rail and steel outputs strong and freight carloadings above seasonal norms.

Associated Press Department of Commerce American Iron and Steel Institute Santa Fe System New York Central Reconstruction Finance Corporation Association of American Railroads Cram Chicago Association of Commerce St. Louis Minneapolis Kansas City San Francisco

Omaha Grain Exchange Contract Market Vacated

The designation of the Omaha grain exchange as a contract market under the Commodity Exchange Act has been vacated by Secretary Wallace. The exchange requested the vacation after it stopped futures trading in December, with the order to take effect on February 7.

Washington Omaha Grain Exchange Commodity Exchange Act Wallace Commodity Exchange Administration

Hog Prices Edge Higher in Local Market

Hog prices rose five cents across all grades on Saturday with top value at 9.55. Other local markets held steady as buyers and sellers reeled in cautious activity.

Sheep Market Report Notes Lighter Lamb Prices

In small water measures lambs drop in weight and quality affecting bids. Cattle market remains steady as buyers adjust to lighter sheep offerings and lower lamb values, with prices reported around eight dollars for select lots.

SM. Woter

Foreign exchange rates cross the globe in cents list

The New York market shows easy demands in cents for currencies and cities worldwide. Notable values include Great Britain 490, France 4.65, Italy 5.26, Belgium 16.92, Germany free 40.24, registered 20.65, travel 21.80, Holland 54.40, Norway 24.62, Sweden 25.27, Denmark 21.88, Fin land 2.17, Switzerland 22.99, Portugal 4.4642, Greece .90, Poland 18.88, Czechoslovakia 3.5342, Jugoslavia 2.34, Austria 18.73, Hungary 19.80, Roumania .75, Argentina 32.67, Brazil 8.8045, Tokio 28.46, Shanghai 29.80, Hongkong 30.66, Mexico City 27.88, Montreal in New York 100.00, New York in Montreal 100.00.

NEW York Great Britain France Italy Belgium Germany Holland Norway Sweden Denmark Finland Switzerland Spain Portugal Greece Poland Czechoslovakia Jugo- Slavia Austria Hungary Roumania Argentine Brazil Tokio Shanghai Hongkong Mexico City Montreal

Stock market closes with mixed gains and light selling

Auctions show small advances in some specialties while blue chips stay tight. Encouraging business news and easing foreign concerns buoy sentiment as oil and defense plays rise. many leaders drift on the sidelines. Transfers reach 1,000,580 shares. an exchange seat sells for 97,000 dollars.

New York Associated Press

Bonds See Some Big Gains But Trend Narrow

The bond market saw notable gains in special situations linked to Cuban sugar loans, Pacific coast oil units, and paper utilities. Notable jumps included Manau Sugar and International Hydro-Electric issues, while most mid and low yield bonds fluctuated little and rails showed uneven moves. Overall trading totaled about $6.98 million, with utilities up slightly and government and foreign bonds mixed.

New York Manau Sugar International Hydro-Electric Associated Press U. S

McLellan Stores Co. To Pay Christmas Bonus

McLellan Stores Inc of New York announces Christmas bonuses for all full time and part-time staff employed before Jan 1 1936. Full timers with three years or more receive 15 dollars, two to less than three receive 10, and one year or more receive 5. Part timers with over a year or pre 1936 receive 2 50, regular Saturday workers with a year or more receive 1.

McLellan Stores Company of New York

Real Estate Transfers Involving Joint Tenancies and Property Lots

Series of transfers including Teresa Reynolds to Joe F and Clara A Klemish with joint survivor rights in central property blocks 16 17 18. E N Taylor to Lyle A and Mary I Hetzel with front 79.5 ft lot 60 North View Add. Georgia Kint to Louis Prazak and Zack McArthur to Louis Prazak detailing NE NE S% NE and N 15a NE SE sections 36 84 8 with a1 symbolic consideration plus liens and mortgages noted.

Teresa Reynolds Joe F Clara A. Klemish Central Pr C. R E. N. Taylor Lyle A Mary I. Hetzel North View Add. C. R Georgia Kint and Hus Louis Prazak Qed Val Con Zack McArthur Aed

Fear Car Shortage Despite Big Output

Detroit reporting a looming car shortage despite near peak production. Chevrolet deliveries for the first 20 days of November rose 26.7 percent from 1936, while executives from Dodge Chrysler and others say quotas for 1937 are already high and production will exceed initial estimates. The industry notes a wartime-like demand and a large aging fleet ready for replacement.

Detroit Chevrolet W. E. Holler A. Vanderzee Dodge Joseph W. Frazer Chrysler Sales

Markets At A Glance From United Press

Stocks irregularly higher in moderate trading with bonds and government issues rising. Chicago and foreign exchange show ease against the dollar. Cotton steady and grains easy in active trading. Rubber hits new highs in active market sessions.

United Press U. S Chicago

Copper Prices Hold At 10.50 Per Pound In U S

New York reports American copper steady at 10.50 a pound on Saturday with European parity at 10.625 cents. Lead remains strong around 5.20 to 5.25 cents in New York and 5.05 in East St. Louis. Zinc firm with New York trade at 5.4212 cents and East St. Louis at 5.05. Tin spot in New York around 50.5 to 50.5 percent cents. Antimony up to 12.5 cents.

New York East St. Louis

Dividends Declared by Major Corporations in Late Year

United Press reports numerous dividends across industries. Aluminum Company of America pays 1.50 on 6 percent preferred. Celanese declares 1 on common. Cliffs declares 0.75. Continental Baking 4 on 8 percent preferred. Hollinger pays 0.10 extra and 0.05 regular. Montreal City and District Savings Bank 1 extra and 3 regular. plus others including American Gas and Electric and U S Royalty Oil with varied per share amounts and record dates.

Aluminum Company of America American Gas and Electric Company and Subsidiaries Celanese Corporation of America Cliffs Cooperation Continental Baking Hollinger Consolidated Gold Mines Ltd Monroe Chemical Montreal City and District Savings Bank St. Louis, Rocky Mountain and Pacific Company Pierce U. S. Royalty Oil

Family clothing at money saving prices advertised daily

Outgrown and slightly used clothing for all members of the family is daily offered for sale at money saving prices under classification 28 in the Want Ads.

Firm Tone Prevails In Cotton Market

A firm tone dominated the cotton market this week with most options rising over a dollar per bale and higher mid-month activity. December slipped to liquidation the next day while government forecasts and crop estimates frame the outlook amid mixed regional trading.

New York Liverpool England Worth Street South New Orleans Chicago

Also Mentioned on This Page

Thomas FE. Flanagan Associated Press Financial Bell Federal Reserve Cleveland Youngstown Atlanta Birmingham Philadelphia New York City Omaha Exchange Iowa Utilities Central States Elec Co Central State Central Iowa Iowa Electric Co Iowa el Lt & Pow Co Iowa el & Pow Co el Lt & Pow Pow & Lt Cedar Rapids Waterloo A.M Waterloo Rail Waterloo and Vinton Cedar Falls and Northern Wilson & CO Wilson's S. Wee A. Steerer Mabe Petroleum Popular Curtis-Wright Hupp Motors International Hydro- Electric Texas Gulf Baldwin Locomotive Houston Oil North American Aviation Douglas Aircraft Barber Co International Paper & Paper Deere U. S. Steel Bethlehem General Motors Chrysler General Electric Consolidated Edison U. S. Rubber Texas Corp North American Santa Fe N. Y. Central Bell System American Telephone Westinghouse Anaconda Kennecott Air Reduction Public Service of N. J Wall Street Mississippi River Davenport Maryland Fund Anne USEIL Fed Farm Useil&p L&p Vic Santa Claus Land BetTy Bitty Toyland Lon Santa Claus Santa Claus King Features Syndicate, Inc BY Brandon WalSh Sik Roper Icedar Rapids Gas CO Walesby ABC Dickinson Secretarial School Cedar Rapids Savings Bank THE Joseph Kushner & Co Dial W.T. Sands Second Street Mile Whipple Agency Insurance and Bonds American Trust Trades Narr Council
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