Iowa Economists See Upward Town and Farm Money
Iowa business shows hopeful trend after midyear dip with farm income rising to 540 million in 1938 and bank debits and construction improving. Davies notes Iowa’s recession hit less and gains in building, farm income, and retail activity point to a normalizing economy.
MENTIONED IN THIS ARTICLE
George R. Davies
University of Iowa
D.* Moines (Ap
Iowa
Davies
Towa
Iowa State College
Iowa Bank
Ife
Mattson Wire reports a highly successful season in Manchester
The Mattson Wire and Manufacturing Co. plant in Manchester, a branch of H. I. Mattson of Joliet, closes a strong year driven by corn demand and snow fence orders. Two shifts operated Oct to Nov. 60 carloads of fence, 2,125,000 lath, 465 wire coils used. Products served Des Moines to Massena and multiple Iowa counties, with innovations in temporary silos boosting orders. Plants span St. Paul Joliet East St. Louis Albany and Pennsylvania.
MENTIONED IN THIS ARTICLE
Manchester
Mattson Wire and Manufacturing Co., Inc
H. I. Mattson Company
Joliet, Ill
Iowa
Des Moines
Washington
Tipton
Maquoketa
Anita
Massena
Howard
Mattson Company
St. Paul
Minn
Joliet
Refrigeration Locker Plant Planned for Riverside Building
F W Schnoebelen of Schnoebelen Produce will install a modern refrigeration locker plant in the former Farmers Union Exchange building he recently purchased. Glenn Kallaus has moved to the former West End garage building while E L Wheatley works in the Duwa garage at Kalona. Other tenants in the building have been notified to vacate.
MENTIONED IN THIS ARTICLE
Riverside
F. W. Schnoebelen
Schnoebelen Produce Company
Farmers Union Exchange
Glenn Kallaus
Riverside Chevrolet
West End
E. L. Wheatley
Duwa
Kalona
Changes In Business Locations Announced
Several changes will occur in Manchester business locations at the start of the year. William H. Lafferty, a local grocer for forty years, moves his stock to the Charles J. Leeds building on South Franklin street, now occupied by the Mark Bridge meat market, where he will join Mr. Bridge. Clifford Kephart will relocate his pool room from South Franklin street to the former Lafferty grocery building, owned with Edward Bolsinger.
MENTIONED IN THIS ARTICLE
Manchester
William H. Lafferty
Charles J. Leeds
South Franklin Street
Mark Bridge
Mr. Bridge
Clifford Kephart
Lafferty Grocery Store
Edward Bolsinger
Upswing Marks 38 Business By Jon T Flynn
The year ends with a recovery in 1938, after a 1937-38 downturn. The piece analyzes business cycles from 1934 to 1938, noting production rose faster than payrolls, unemployment lagged, and recoveries depended on price levels and government spending. It cites February 1938 as a turning point and highlights external effects on exports and farm prices. It labels 1938 as a recovery year.
MENTIONED IN THIS ARTICLE
Iowa
Short Talks On Advertising Elevates Everyday Foods
The essay notes how advertising transformed orange juice into a year round staple and boosted orange production and lower prices. It cites tomato juice, spinach through Popeye, and salads as healthful changes driven by promotion. It compares ancient lettuce eating to modern habits and credits advertising for a healthier American diet.
MENTIONED IN THIS ARTICLE
Popeye the Sailor
Popeye
Augustus
Napoleon
Coprright
Guttenberg Excavation Contract Awarded
Eberhard Construction of Guttenberg wins the $2000 excavation contract for the $70000 Guttenberg municipal building project. Plans were by Cedar Rapids architect W. J. Brown. Work is set to begin Tuesday.
MENTIONED IN THIS ARTICLE
Eberhard Construction Company of
Guttenberg
Guttenberg Municipal
W. J. Brown
Cedar Rapids
Wheelers Buy Henry M Files Home in Blake Boulevard Move Planned
Mr and Mrs Glenn C Wheeler of 334 Crescent Street SE have purchased the residence at 2165 Blake Boulevard SE from Mr and Mrs Henry M Files. The Files plan to move to Syracuse New York and the Wheelers expect to move in about February 1.
MENTIONED IN THIS ARTICLE
Glenn C. Wheeler
Crescent Street
Blake Boulevard
Henry M. Files
Syracuse
N. Y
Wheelers
Local Securities Prices Indicate Transaction Range
Quotations show a price range from recent dealings and are not firm bids or offers. For unquoted issues, contact the financial editor at The Gazette Cedar Rapids Iowa.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iown
Iowa Securities Bonds and Stock Listings
A historical listing shows Central States Power and Lt. Co Interstate Power Co Iowa Southern Utilities Town Southern Utilities Co and other utilities and firms with bond and stock quotes. Prices and series include 5 1957 104% 105 Iowa Public Service Co and 5 1568 89 of Iowa among entries.
MENTIONED IN THIS ARTICLE
Central Yowa
Central States
Maine
Delaware
Disitrat
Elec. Co
Inter-cean
Town
Elec.” Co
Svateee
Iowa
Elec
Fbr
I & Pr
LaPlant Choate Mr. Co. i
United United St. . & Ry
Interstate’ Power, Co
Iowa Public Service Co
Southern Utilities Beries
Towa Southern Utilities Series
Town Southern ‘Iitities’ Co
Iowa University
Sina
City
Pr. & Lt. Corp
Ace
Interstate Power Co
Iowa Southern Utilities
Towa Southern Utilities
Bath Packing Co
Sioux City Gas & Elec
Western Grocer Co
Stocks End Week On A Firm Tone
Stocks closed the pre holiday week with a firm tone late in the period. Rail shares led gains on a favorable railroad committee report seen as a basis for early year legislation, while autos and oils strengthened and utilities firmed amid mixed results across sectors.
MENTIONED IN THIS ARTICLE
New York
Railroad Committee
Linn County Real Estate and Mortgage Activity Dec 16 to 22
Linn County Abstract Company records show 65 conveyances and 36 mortgages in Linn County for Dec 16 to 22, with total mortgages amounting to 255,969.72 dollars. Compared to the prior year week, 20 mortgages were recorded, and the year-ago mortgage aggregate was 38,600.00 dollars.
MENTIONED IN THIS ARTICLE
Linn County Abstract Company
Linn County
Newcomer Rentals and Local Housing Moves
New residents moving to the area lease homes through local agencies. Newcomer Rentals marks J Schaefer from Waterloo at 1430 Seventh Ave SE owned by John Soukup and A F Dotson agency. Ben Levey from Minneapolis rents 1608 Greene Ave NE for January 2 occupancy connected with James Manufacturing via Fred E Collard Co. The same firm rents J N Baumel at 531 Twelfth St SE to A L Wise family moving from Traer. one son works at Bishop Cafeteria and another at Cedar Rapids Gas. A separate note reports 95 000 value of last year's cane output and forest area planted since 1924 totaling 3 680 square miles.
MENTIONED IN THIS ARTICLE
Mark J. Schaefer
Waterloo
Seventh Avenue SE
John Soukup
A. F. Dotson
Ben Levey
Minneapolis
Minn
Philip C. Wright
Greene Avenue NE
Mr. Levey
James Manufacturing Company
Fred E. Collard and Company
Chicago Livestock Market Receipts Steady to Higher Across Hogs Cattle and Sheep
Chicago hog receipts 5 000 with 4 500 direct and prices steady from Friday. top hog price $8.00 and bulk 160 260 lbs. Hogs: shippers moved 500 and 500 holdovers. butchers 300 lbs up about 25c. Cattle receipts 100 with shrinkage but higher values. steers and yearlings up 50-75c, heifers and beef cows up 25-75c, vealers 25 50c higher. best steers around 13.50. Sheep receipts 2 000 with fat lambs steady to strong. top $9.35 to shippers, bulk near $9.00 9.25. feeding lambs firm with week’s top near $9.50.
MENTIONED IN THIS ARTICLE
Chicago
API
U 5
Dept. Agriculturel
Growing Optimism Rules In Trade And Industry Of U S
In late 1938 business showed momentum with rising retail sales and improved employment figures. U S Steel raised pay and restored a 5 percent day week while bank clearings hit 21 month highs and engineering awards doubled. Commerce notes several strength elements and foresees gains for 1939 as Christmas buying boosts retail activity.
MENTIONED IN THIS ARTICLE
Trade and Industry
U. S
Thomas E. Flanagan
Ashington
Middle Atlantic
Rocky Mountain
Pacific Coast
Perkins
U. S. Steel Corporation
Daniel C. Roper
Department of Commerce
Los Angeles
San Francisco
Omaha
New York
Dallas
Chicago
Prices Of Grain Close Irregular On Dull Market
Chicago grain trading was colorless with cereals closing irregular around prior levels. Wheat ranged 4% lower to 4% higher, May at 67 12 cents. corn near steady. oats up to new season highs. rye up 15 to 44 cents. soybeans unchanged. Winnipeg and Liverpool markets were affected by holidays. export activity remained quiet.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Liverpool
Winnipeg
Buenos Aires
Rotterdam
Dominion Bureau of Statistics
Winnipeg Market Wheat and Chicago Cash Provisions Summary
Market notes show Owen December at 6075 and May 6214 with nearby quotes 6275. Chicago cash provisions list No 1 wheat sales and prices for corn, oats, soybeans, barley, timothy and clover seeds, lard and bellies with multiple regional quotes.
MENTIONED IN THIS ARTICLE
Winnipeg
Owen
Chicago
Minneapolis Cass Grain Wheat and Corn Prices Report
AP news from Minneapolis lists Saturday grain receipts at 72 cars with quotations for cash No 1 and dark northern wheat including protein levels and premiums, Montana hard and amber durum varieties, No 3 yellow corn and white corn, and barley prices with bid ranges and unchanged quotations.
MENTIONED IN THIS ARTICLE
Minneapolis
Cass Grain
Sc Htcher
Montana Ofric
Ancy
Montana
Chicago Markets Update Butter Eggs and Potatoes
Chicago market report shows butter with no arrivals and steady prices, eggs steady with specific refrigerator and firsts quotes, and potatoes with 72 arrivals on track for 240 total U S shipments 432. U S No 1 Tolaho russet and other regional prices listed along with New York prices for eggs butter and cheese and activity in the New York market with mixed colors and various price tiers.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Tolaho Russet Burbanks
Colorado
Wisconsin
U. & Commercials
Green Mountains
Michigan
Russet Rurals
North Dakota
Buss
U S
Cobbrera
New York
Desert land wooded to date industry in Southern California
Desert land in Southern California once deemed useless now fuels a thriving date industry led by investors seeking new crops and markets. The Associated Press reports brisk growth as investors turn arid tract into productive agri ventures.
MENTIONED IN THIS ARTICLE
California
Albert Lea Man Wins Marshall School Contract in Dubuque
Vigo N. Jensen of Albert Lea Minnesota received the general contract for the Marshall school in Dubuque the first of four grade schools planned at about 765000. His bid was 139990 with the plumbing and heating awarded to Curtis Straub of Dubuque and electrical work to George W Kennelly of Dubuque. Architect plans were by Mark Anthony of Cedar Rapids.
MENTIONED IN THIS ARTICLE
Vigo N. Jensen
Albert Lea
Minn
Marshall School
Dubuque
Curtis Straub
George W. Kennelly
Mark Anthony
Cedar Rapids
Cedar Rapids Bank Clearings Rise Over 1937 Week
Cedar Rapids bank clearings for the week ending December 24 totaled 1 300 356 22, up from 891 956 94 in the same week in 1937. For the week ending December 17 this year clearings were 1 224 630 54, according to the Cedar Rapids Clearing House.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Markets At A Glance From United Press
Stocks show irregular activity in dull trading. Bonds and U S governments move unevenly. Curb and Chicago stocks fluctuate. Foreign exchange remains firm against the dollar. Grain markets hold in Chicago with fractional declines in wheat and corn. London silver slips a sixteenth penny to 20 3/16 pence.
MENTIONED IN THIS ARTICLE
United Press
U. S
Chicago
London
Stebbins Buys Bever Avenue Home In La Porte City
G E Stebbins former La Porte City banker buys the house at 1534 Bever avenue SE from Delos Johnson and will take possession in spring. Sale made through A F Dotson agency. New York copper and other metals news noted with nominal changes in spot and forward prices.
MENTIONED IN THIS ARTICLE
G. E. Stebbins
la Porte City
Bever Avenue SE
Delos Johnson
A. F. Dotson
Also Mentioned on This Page
State Board of Assessment and Review
Manchester Firm
Jon T. Flynn
Copyright
NEA Service, Inc
Post
Tor
Bureau of Research and Education
Advertising Federation of America
Glenn Wheelers
Local Securities
Iowa Securities
Elmer C. Walzer
United Press Financial
American Telephone
Detroit Edison
Johns Manville
du Pont
Standard Oil of
New Jersey
Loew’s
Real Estate and Mortgage Reports
Newcomer Rentals
Census Bureau
America
United States Forest Service
Lamson Brothers & Co
R. Mowrey
Manner
Uonal Bank
Zita
The
Associated Press
Maryland Fund Tees
Mass Invest
Englan Fund
Ae Rita
Nor Am Tr
Wees Tees Nor Am Tr
Trustee Ltd Oil
Lt & P
Bever Avenue
Metals Market
East St. Louis
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