Industrial leaders see encouraging prospect for 1937
In year end statements Tom K. Smith of the American Bankers Association and President of Boatmen's National Bank predicts a more encouraging banking outlook. He cites progress in fixing banking weaknesses, government and bank cooperation, and a broadening recovery base with durable goods showing activity. Frank Purnell of Youngstown Sheet and Tube expects a possible 10 to 15 percent rise in 1937 but warns of risks from shorter work hours and policies affecting commodity prices.
MENTIONED IN THIS ARTICLE
ST. Louis
Tom K. Smith
American Bankers Association
Boatmen’s National Bank
Appase
Youngstown (Ap
Frank Purnell
Youngstown Sheet and Tube Company
Auto industry eyes 1937 sales near 1929 peak
Alvan Macauley, head of the Automobile Manufacturers Association and Packard, says 1936 sales were over three times 1932 and cites advances in production that cut labor per unit yet improve quality. He notes improvements cost consumers nothing and explains labor saved was reinvested. The discussion shifts to investor concerns as Edward B. Hall weighs in.
MENTIONED IN THIS ARTICLE
Detroit
Alvan Macauley
Auto-mobile Manufacturers’ Association
Packard Motor Car. Company
Help Kidneys Clean Out Poisonous Acids
Newspaper advertisement promoting Cystex as a guaranteed kidney treatment. Claims nine million kidney filters may fail with neglect and urges consult with a doctor. Includes bank guarantee and druggist contact, promises vitality in 48 hours or money back. No clinical proof provided.
MENTIONED IN THIS ARTICLE
Bank of America
Los Angeles
California
Investor notes high prices and low yields alter behavior
A company notes in year end commentary that high prices and low yields in bonds push investors toward stocks. The executive warns that some will gain while others may be disappointed, and judgment is vital when buying stocks versus bonds. Slightly more new money borrowing for expansion occurred, with two thirds of securities offered not for refunding existing debt.
Illinois Central President Sees Encouraging Rail Outlook
L A Downs president of the Illinois Central system calls 1936 a record year for railway transportation. He notes continued progress in service and employment, with free pickup and delivery on small freight, livestock pickup, faster passenger and freight schedules, overnight Chicago to Memphis service, air conditioned equipment, Diesel locomotives in switching, and the Green Diamond train between Chicago and St Louis.
MENTIONED IN THIS ARTICLE
Chicago
L. A. Downs
Illinois Central System
Illinois Central
Memphis
St. Louis
Man Nabbed Peering Into Cars With Whisky Bottles
Ray Wheeler, 35, of 618 Second Street NW, was arrested by Patrolmen Simon and Stusak at 1130 pm on Thursday after being seen peering into cars on Eleventh Avenue between Third and Fourth streets SF. He fled but was captured. three whisky bottles were found on him, one full and two partly empty. Wheeler claimed he sold nips to New Year celebrants.
MENTIONED IN THIS ARTICLE
Ray Wheeler
Second Street
Simon and
Stusak
Eleventh Avenue
Third
Fourth Streets
Wheeler
Downey Man Ralph W. Hogan Dies at Home
Ralph W. Hogan died at his Downey residence Tuesday night. Funeral services were held at the Baptist church Friday. Born February 13, 1883 in Galesburg Illinois, he was married twenty two years to Gladys Harden and is survived by his wife two children Walter and Dorothy four sisters and two brothers Emma and Eva Hogan Downey Mrs Maud Wallace Galesburg Mrs J D Hogan Iowa City Ed Hogan Epworth and William Hogan Kansas City.
MENTIONED IN THIS ARTICLE
Downey
Ralph W . Hogan
Baptist Church
Galesburg
Ill
Gladys Harden
Walter
Dorothy
Emma
Eva Hogan
Maud Wallace
J D Hogan
Iowa City
Ed Hogan
Epworth
William Hogan
Kansas City
DEWITT OBITUARY AND IOWA BRIEFS FROM DEWITT
DEWITT MRS M I HANRAHAN 68 died after pneumonia at home wife of Michael Hanrahan born Aug 25 1868 funeral at St Josephs church burial in St Josephs cemetery Surviving husband a son John three daughters a brother and two sisters and two grandchildren Also DeWitt assault charges filed against Tiberius and Arthur Mangan after beating Ray Burke Burke in Davenport Mercy Hospital in critical condition Both Mangans held to grand jury on 2500 bond each Iowa City funeral for John E Pate 63 native of Lisbon died near Iowa City burial Springdale cemetery Stanwood bank changes Wilfred Haesemeyer and Alfred Sich acquire controlling stake in First National Bank of State Center in Stanwood and Stanwood council opposed Stanwood health board plan to fumigate school Wilton Junction funeral for Samuel B Whitmer 75 Cedar County farmer turned real estate dealer Cedar County snow plows purchased for winter readiness Tama County fox pelts totaled 258 paid 316 Rowley Masons hold St John day turkey banquet with 150 attendees
MENTIONED IN THIS ARTICLE
Dewitt
Michael Hanrahan
Mary Cahill
Villa Nova
John
Council Bluffs
Hannah
Lyda
Mae
Patrick Cahill
Maria Hanrahan
E.C Halbach
Tiberius
Arthur Mangan
Ray Burke
Burke
Mercy Hospital
Davenport
Mangans
E. R. Cooke
Iowa City
John E. Pate
Solon Road
Cathout
Springdale
C C. Garrigues
Pate
Lisbon
Johnson County
Ada Nelson
Hattie Smith
Stanley Selzik
Epworth
Clara Murray
Mechanicsville
Edward Pate
West Liberty
Henry C Pate
West Waco
Tex
Emmet Pate
Britton
Oklo
Tipton
Pauline Edwards
Harry J. Edwards
Columbus Junction
Gerald W. Helms
Homer Tinsley
What Cheer
Monmouth
Carl B Smith
Benteco
Stanwood
State Board of Health
Lowe Portewig
State Board
Wilton Junction
Samuel B. Whitmer
George Whitmer
James
Harriet Whitmer
Cedar County
J. H Maurer
Toledo
Tama County
L. M. Youngman
New Year Prank Gone Too Far Ends With Police Involvement
Ed Burke of 3119 Grovecourt SE reported a long running prank spree by neighborhood youths on New Year’s Eve. A moving truck, a piano gag, a coal salesman, a coal truck, and a radio repairman disrupted his home before Burke summoned police after about an hour of harassment.
MENTIONED IN THIS ARTICLE
Grovecourt SE
Ed Burke
Burke
Miss Eutona Blayney Improves After Waterloo Crash
Miss Eutona Blayney 26 of 1419 Fifth Avenue SE, in a Waterloo hospital since December 21 after a neck fracture near Jesup, shows slight progress with limited movement. Fellow victim Jack King, 319 Center Point Road NE, with a fractured back, was casted Tuesday and expected to return home soon. Both patients are at St. Francis Hospital in Waterloo.
MENTIONED IN THIS ARTICLE
Eutona Blayney
Fifth Avenue SE
Waterloo
Jesup
Miss Blayney
Jack King
Center Point Road
St. Francis Hospital
Villa Park Man Charged After Turn Crash
C. W. Carpenter 33 of Villa Park Illinois was jailed on a drunken driving charge after attempting a right turn at A avenue and Sixth street NE and colliding with E. G. Boyanovsky of route 3 Marion. No injuries were reported.
MENTIONED IN THIS ARTICLE
C. W. Carpenter
Villa Park
Ill
A Avenue
Sixth Street
E. G. Boyanovsky
Route 3
Marion
Linn Red Cross Membership Gains in Linn County
Five thousand three hundred thirty five Red Cross memberships are reported in Linn county, up 1956 from 1935, with Cedar Rapids and surrounding towns driving the total. The county now renders about 6.5 percent of its population enrolled, under a banner of aid without regard to race or creed.
MENTIONED IN THIS ARTICLE
Red Cross
Linn County
Metta A. Burd
Roll Call
James W. Barnett
E. K. Beane
East Side
Paul H. Huston
West Side Residential
Cedar Rapids
Springville
Marion
Mt. Vernon
Lisbon
Coggon
Central City
Alburnett
Center Point
Walker
Whittier
Ely
Fairfax
Fayette
College
Grant
Spring Grove
Shepherd
Gazette
Supervisors Approve Budget Extension For Added Treasurer Costs
Linn county supervisors approve a 1936 budget extension of about 1900 dollars for the treasurer Milo Sedlacek to cover extra help and new filing systems in motor vehicle and property tax offices. They also authorize intra office fund transfers and move 3000 dollars from the domestic animal fund to the general county fund. Funeral services for Mrs. Lila Plamadore will be held at Beam and Miller chapel at 2 p.m. Saturday. she was born August 30, 1856 and died at a granddaughter’s home. Surviving relatives include a daughter in this city and other daughters in Detroit and Waterloo.
MENTIONED IN THIS ARTICLE
Linn County Supervisors
Milo Sedlacek
Sedlacek
Anamosa
Beam and Miller Chapel
Lila Plamadore
Thomas Plamadore
Plamadore
Manuel Cox
John Chopper
Detroit
Waterloo
Also Mentioned on This Page
Purnell
Edward B. Hall
The
Investment Bankers Association of America
Harris, Halt and
Martha
Williams
Third Avenue
Iowa News
Wilfred L. Haesemeyer
Alfred M. Sich
Spencer
F. L. Dobbin
First National Bank of State Center
Dobbin
Haesemeyer
Henry Haesemeyer
Cornell
Lege
University of Iowa
Sid
Devere Grover
George Woodall
Tom McCormick
Dorothy Haines
Joanne Dingsley
W. F. Caldwell
Norman
Wanda Rosene
J. E. Boeler
Leonard
Zella Caldwell
Donna Grover
Ethel Kemp
Bernice Clayton
Franks
DIAL
Quaker Oats Company
Fcoromizte
Asdra
Ritz, Pkg
RINSO
Linn Red Cross
William James CO
First Street NW
West End Avenue Bridge
Vicks
North Third Street
Leibsohn
First Avenue East
Texas
Sunkist
Pillsbury’s
Japan
Enwood
Peck
Quaker Oats Co
Russell
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