Spring Outlook Shaped by Auto Steel Orders and Railroads
Business activity shows cautious buyers across sectors as wholesalers slow while carloadings and steel output rise. Railroads eye big purchases with North Western planning 900 freight cars and 20 000 tons of steel this year. Aircraft makers like Lockheed and Douglas expand orders, supporting a regional backlog of about 100 million dollars. Roosevelt reassures no new heavy taxes outside budget limits.
MENTIONED IN THIS ARTICLE
Washington
Associated Press
North Western
Bay
Chicago and North Western
Fred W. Sargent
Lockheed Aircraft Corporation
Burbank
Calif
Securities Commission
Commerce Department
Douglas Aircraft
France
Department
Calfornia
Roosevelt
Americans Buy 66 Million in Greeting Cards Annually
Department of Commerce figures show Americans purchase about 66 million dollars of greeting cards each year. The outlay equates to roughly 50 cents per person and about 45 percent of the total is spent on Christmas cards.
MENTIONED IN THIS ARTICLE
Washington
Department of Commerce
Bennett to Speak at Midwest Savings and Loan Institute
H. H. Bennett of Perpetual Savings and Loan in Cedar Rapids will address the sixteenth annual midwinter conference of the American Savings and Loan Institute in Indianapolis on February 2021. He will outline methods for conducting an accounting class and discuss problems and procedures for local unit work. The event, expected to draw 400 executives and staff, features speakers Dr. Henry E. Hoagland, Joseph Holzka, Clarence T. Rice, and D. C. Vaile.
MENTIONED IN THIS ARTICLE
H. H. Bennett
Perpetual Savings and Loan Association
Cedar Rapids
American Savings and Loan Institute
Indianapolis
Bennett
Henry E. Hoagland
Ohio State University
Joseph Holzka
Staten Island
New York
Clarence T. Rice
Kansas City
Kan
United States Building and Loan League
D. C. Vaile
Reelect First Ave. Holding Co. Officers
All officers of the First Avenue Holding company were reelected at the annual stockholders meeting held Tuesday. The slate includes R. S. Cook president H. R. Trewin secretary John A. Limback John M. Drabelle S. C. Dows H. R. Green J. E. Rogers Harvey C. McClary Cedar Rapids and B. G. Kilpatrick Chicago.
MENTIONED IN THIS ARTICLE
First Avenue Holding Company
Roosevelt Hotel
R. S. Cook
H. R. Trewin
John A. Limback
John M. Drabelle
S. C. Dows
H. R. Green
J. E. Rogers
Harvey C. McClary
Cedar Rapids
B. G. Kilpatrick
Chicago
Bank clearings fall after Lincoln's birthday week
Cedar Rapids Clearing House reports a decline in bank clearings for the week ending Feb 18 totaling 1 059 491 01, down from 1 106 533 56 a year earlier. The figure remains above the Feb 11 week total of 1 045 593 58 but below the prior year's February peak.
MENTIONED IN THIS ARTICLE
Lincoln
Cedar Rapids Clearing House
Interest Renewed In Building Sites By Hedges Co
Hedges company reports renewed interest in building lots with sales closed on three parcels through the firm. Helen Reynolds buys a Memorial drive SE lot. Paul N Clark sells in Country Club Heights. George J Wilson acquires a Country Club Heights lot. The firm also sells a Rompot addition lot to Herbert Boots and a Fifth Avenue SE house to Edward De Jong, with other transactions including a Park Avenue SE investment purchase by A O Zahradnik and homes on Eleventh Street SW and 2317 D Avenue NE.
MENTIONED IN THIS ARTICLE
Hedges Company
Helen Reynolds
Mount Vernon Avenue
Memorial Drive
Wayne C. Boland
Paul N. Clark
Country Club Heights
George J. Wilson
A Avenue
Rompot
Herbert Boots
Blakely Boulevard
Edward de Jong
D Avenue NE
Country Club Heights Realty Company
Leo Oswald
Elm Avenue SE
Trends of Business News on Canadian Carloadings and Profits
Dominion bureau reports week ended Feb 11 Canadian carloadings 9227 versus 40430 prior week and 43634 a year ago. Federal Reserve notes dept store sales 2 percent below year ago. four weeks’ sales also down. Corporate results include Bon Ami 1938 net 1,389,113. Caterpillar 1938 profit 3,818,360. Detroit Paper Products 1938 loss 161,605. Federal Light and Traction 1938 income 1,306,992. Universal Products 1938 profit 202,711, plus varied other firm results and per share figures.
MENTIONED IN THIS ARTICLE
Dominion Bureau of Statistics
Federal Reserve Board
Corporation News
Bon Ami Company
Terpillar - Tractor Company
Vane Ad
Detroit Paper Products Corporation
Federal Light and Traction Company and Subsidiaries
Mea Tobacco Co. of Canada, Ltd
Louisville Gas and Electric Co
Delaware
Universal Products Co
Eyton Truck and Coach Manufacturing Co
Caval
Cedar Rapids John Hancock Agency Wins Citation Award
Cedar Rapids John Hancock Mutual Life Insurance office was honored with a citation from the home office in Boston for all around accomplishment. It is the second such award since opening in 1980, with an average per man production ranking fourth in the 185 district offices. The honor also reflects stability, collections, ordinary business, and conservation of business.
MENTIONED IN THIS ARTICLE
United States
Cedar Rapids
John Hancock Mutual Life Insurance Company
Boston
Rudy Weber
Akron Homecoming for Goodyear’s Fortieth Anniversary
W A Castle manager of Goodyear Service store C A Cramer special truck tire representative and J W Novak commercial salesman leave for Akron Ohio to attend a four day homecoming marking the fortieth anniversary of Goodyear Tire and Rubber company. The event includes the dedication of a bronze statue of Charles Goodyear. About 1700 Goodyear representatives from around the world are expected. The Cedar Rapids trio plan to return next Friday.
MENTIONED IN THIS ARTICLE
W. A. Castle
Goodyear
C. A. Cramer
J. W. Novak
Akron
Ohio
Goodyear Tire and Rubber Company
Charles Goodyear
Cedar Rapids
Curtiss-Wright Builds Glassed Factory to Cut Heat
In Buffalo New York Curtiss-Wright Corp erects three walls of aklo glass to absorb 62 percent of sun heat and reduce glare for worker efficiency as a new airplane factory rises.
MENTIONED IN THIS ARTICLE
Buffalo
Curtiss-Wright Corp
Tenant Buys Property In Volga City
Thomas Duff purchases the house he has occupied for the past year from Mrs. Nellie Bergan of Volga City. The transfer reflects a private sale and formalizes Duff as the current owner and resident.
MENTIONED IN THIS ARTICLE
Volga City
Thomas Duff
Nellie Bergan
Bennett Move Attention and Property Transfer Report
A notice notes a move involving Mr and Mrs John from Sunbiery to Bennett. The item mentions property transfer from Charles and references a recent party. Details are unclear due to OCR errors but indicate a relocation and asset transfer between named individuals and places.
MENTIONED IN THIS ARTICLE
Bennett
John Wel
Sunbiery Pe
Charles
Tire Revolves Thousands of Times in Hourly Car Use
A Goodrich study shows an average car tire makes about 43,000 revolutions per hour at 60 mph. It flexes roughly 36,000 times during a day of normal driving, highlighting tire wear and stress under typical conditions.
MENTIONED IN THIS ARTICLE
Akron
Goodrch Company
Bulge In Price Of Oats Marks Grain Dealings
Chicago reports show oats leading grain gains with a near one cent surge as May oats rise ¾ to 29¾ cents. Wheat closes firmer with a 4 cent range, corn climbs about a half to ¾ cent, rye steady. Export demand centers on Pacific coast wheat to Russia while Australian crop fears lift prices elsewhere. Winnipeg trades steady amid mixed winter wheat moisture outlook and varied precipitation forecasts.
MENTIONED IN THIS ARTICLE
Chicago
INS
Board of Trade
Russia
Buenos Aires
Australia
Tts
Winnipeg
Chicago Market Prices and Provisions Report
AP dispatch notes Chicago cereal and feed prices with futures quotes. Corn at 48 3/4 cents and No 2 white mixed oats listed. Timothy hay around 85 cents per unit, clover seed about $1 per unit, red top priced at $9.25 to $9.75. Lard and nose prices shown as $6.28 to $9.62 per unit.
MENTIONED IN THIS ARTICLE
Chicago
Timothy
Wheat cash grain receipts and prices noted
OLIS AP reports Saturday cash grain activity with 92 wheat cars received. Prices shown include No 1 heavy dark northern 76 7 8c, No 1 dark northern 3 4?c, No 1 hard Montana 14 percent protein 78 0c, and No 5 dark hard in Montana with various grades.
MENTIONED IN THIS ARTICLE
Olis (Ap
Montana
Markets Chicago Butter and Produce Report
Chicago market notes show butter receipts at 898 648 pounds steady with mixed prices. Cheese and egg quotes mixed with current receipts around 15440. shipments total 877, stock supplies moderate. Idaho russet prices around 1.80 to 1.90 per unit with sales light. Florida citrus and other crates show sparse activity and no significant gains.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
McClures
Rey Fine
Dirk
Florida
the & Iratea
New York Eggs Receipts and Prices Reported Oddly
The New York AP bulletin lists egg receipts at 332 and 307 with mixed colors and special packs at 19 20 percent. firsts 180 seconds 1744 mediums 17 percent. It notes higher creamery output and varied prices with erratic wording and scattered percentages, giving a puzzled snapshot of market activity.
MENTIONED IN THIS ARTICLE
New York
BUITE
New Lab Equipment Tests Oxygen Hunger on Pilot
Civil Aeronautics Authority technicians design equipment to test pilots under oxygen deprivation to simulate high altitude fatigue. Medical center in Kansas City will run trials to map safe flight ceilings and psychological and physiological responses. Mayo Foundation doctors join to study stress and endurance in center for air crew research.
MENTIONED IN THIS ARTICLE
Civil Aeronautics Authority
Medical
Kansas City
Er Toon Bureau of Air Commerce
Medical Center
Mayo Foundation
Wall Street Rallies After Roosevelt Tax Promise
Investors greeted President Roosevelt's no tax rise statement with a broad market rally on Saturday, lifting most issues to session highs. Leaders in steels and aviation led gains while oils lagged, though utilities and rail stocks advanced slightly amid steady grain and cotton trading.
MENTIONED IN THIS ARTICLE
EW York
INS
Roosevelt
Wall Street
Europe
Britain
Chicago
Pittsburgh
Youngstown
Birmingham
U. S. Gypsum
Case Threshing
Allied Chemical Point
Westinghouse
American Can
Aviation
Freight Diversion From Rail to Trucks and Waterways Grows
New York analysis by Standard Statistics shows freight diverted to trucks and waterways now exceeds 13 percent of what rails would carry without diversion. Money lost is higher as trucks capture high value short haul traffic, leaving bulk raw materials to rails. Divergence rose from 3.4 percent in 1927–1933 to 8.9 percent in 1934–1936 and 13.5 percent in 1937–1938.
MENTIONED IN THIS ARTICLE
New York
Standard Statistics Company
Linn County Real Estate Reports Feb 10-16
Linn County Abstract reports show 38 conveyances and 69 399.45 in mortgages for Feb 16 period, with 49 conveyances and 31 mortgages totaling 73 650.00 for the same week last year. The data lists aggregate mortgage sums and counts of property transfers recorded in Linn County.
MENTIONED IN THIS ARTICLE
Linn County Abstract Company
Linn County
Local Securities Price Range Notes
The following annotations show price ranges of recent bond transactions and are not firm bids or offers. For access to issues not quoted or further details, contact the financial editor at The Gazette in Cedar Rapids Iowa.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Central States Pr. and ut Corp Seeks Public Attention
Fragmented OCR text appears to reference corporate entities and percentages but lacks coherent events. Reads as a garbled list of company names and figures with no clear action, date, or location to anchor a summary.
MENTIONED IN THIS ARTICLE
Central States Pr. & Ut Corp
Ousrhpabats
Atate Bowe
Bouthern Alitiee Ca. Co
Sbreats
N' Fae Ae Gas
J Hite, Co
Chicago Livestock Market Report Shows Tigh Supply
Chicago livestock receipts show limited supply for cattle and calves with prices up to 390 pounds and 7.85 to 8.10 per pound for butchers. Bulls at 7.28 and feeders scarce, sheep receipts near 1,000 with fall bids around 8.65 for lambs and ewes around 4.35.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
U. S
Reon
Ieee
Aarp
Erie
Untitled Notes on Mineral Market Stability
Fragmentary report notes markets for tungsten and wolframite with prices cited as 10.4 BOD and 4.00, 2 lines show steady or unchanged values. Mentions Edward Sarenie and quicksilver context with unclear units.
MENTIONED IN THIS ARTICLE
Toren Maekets
Eward Sarenie
Markets At A Glance From The United Prea
Stocks higher and quiet. Bonds firm. U S government irregular. Curb stocks in Chicago higher. Foreign exchange steady against the dollar. Cotton futures steady. Grains in Chicago. wheat and corn barely steady. Rubber futures firm. Silver falls one sixteenth penny in London to 2011 16 pence an ounce.
MENTIONED IN THIS ARTICLE
United Preea
U. S
Chicago
London
Also Mentioned on This Page
Thomas E. Flanagan
Nevada
Boulder Dam
Arizona
Bureau of Reclamation
Reelect First Ave. Holding Co
Sahara Coal
Sahara
Cedar Rapids -Fuel Co
New York Stock Exchange
Callahan Zinc & Lead
Glenn Martin Peeves Cerestosesea
U.S. Steel
Scccceees
Bethlehem
Coty, Inc
Bendix Aviation
S.cccsceceeens
U.S. Rubber
James E. Bennett & Co
Merchants National Bank
United Press
General Business
Cemetseal
Acorn. Refining CO
Dial
Ganetté
John Hancock Agency
Dante Grain
Hed
Panier Brothers & Co
R. Mower
STROM
Congress
Douglas
Sperry
U. S. Steel
Chrysler
General Motors
Real Estate and Mortgage Reports
Local Securities
Central States
Elec. Co
Fiber Ave
Roosevelt Tows Bee Co
Iowa Land & Burial United Lt
United Lt
United United Lt
Fe Ry
United Lt & Ry
Delawsa
Central Tates Elec
Inter-Ocean Reinsurance Com
Eecenae
Seen Choate Mfg. Co
Iowa Securities. Bonds
Eupis
Bernice Bore
Rvice Co
Southern Utilities
Southern
Geries
Southern’ Utilities ‘Co
Univer
Gioux Ty
Eariel
Waterloo
Cedar Felis & N Rce
Ee Betce
The
Moe
Scovegis
Save With Life Insurance
Leo G.ulch
the Mutual Life Insurance CO. OF
We Hie Andiasn Tra Binelet Life Vankance Ce. Fa Imprten
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