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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 02, 1938
Page
11
An advertisement promotes first mortgage real estate loans with various amounts from 3600 to 8900 and yields of 4.5 to 6 percent net to investors. It lists contact details for Malcolm V. Bolton & Co at 417 C.R. 3 B. BLOG and phone number 2-3137 for full particulars.
Leading Cedar Rapids dealers present a rush of used cars marketed as modern despite antique prices. The Want Ad section highlights best values and urges buyers to act now for spring models appearing early.
Wide array of rental ads and real estate offers across East and North East locations. Features include newly decorated cottages, modern bungalows with gas heat and private entrances, and several 4 to 6 room homes with garages and insulation. Notable addresses include 827 7th Ave SE 1418 Gre Ave SE 1018 A Ave NE and 136 33rd St SE. Listings advertise prices from $20 to $90 monthly and down payments with finance terms.
In Washington a rising bloc in Congress opposes suspending the $238,000,000 federal road program for 1939 threatening Roosevelt’s economy plan. House Appropriations Chairman Taylor said he personally does not favor highway cuts now, while Roads Committee Chairman Cartwright plans a Monday bill to extend the highway authorization for two more years.
Jesse Culberson, a Negro, was moved Saturday from Decatur to the mob proof county jail in Jackson, Mississippi, as officials feared violence. He is charged with killing Otis Staton, 25, son of a prominent Union cabinet making family, after a quarrel over money. threats prompted the transfer.
Shanghai reports from American and European missionaries estimate twenty million Chinese moving westward as Japan bombs the Yangtze region. They describe widespread ruins, empty villages, rotting crops, and thousands of corpses left in the open amid ongoing attacks over four months.
The silver bloc in Congress planned to appeal to President Roosevelt to raise the New Year price for domestically produced silver from 66.64 cents to 77.57 cents an ounce, arguing a lower price would close mines and cause unemployment. Observers warned any mandatory Treasury price could spark a repeal drive of the silver price fixing powers.
Santa Barbara Major William F. Kurtz died Saturday after an appendectomy. He was among the first five national vice commanders of the American Legion.
Linn county supervisors approved a plan for an 80 dollar twenty by twenty foot wood pile bridge in Maine township southwest of Central City with a drainage area of 1989 acres. Justice C E Drummond's 1937 report from Marion township was also approved.
E C Clark of Davenport Iowa hotel operator was shot during a New Year dance in Branson Missouri and remained in critical condition. Town Marshal Thomas Grimstead said Clark resisted arrest and was shot in self defense. no charges will be filed. Clark’s wife Mary L Clark joined him at the hospital.
In Los Angeles a 27 year old Chicago man identified himself as Alfred Bronan after delaying disclosure. He remains in critical condition as police and hospital staff refrain from pressuring further delays.
The article reports that Congress may approve a 20 percent rise in social security appropriations for the next fiscal year. The independent agencies supply bill may set aside $329,900,000 for the social security board, $55,459,000 more than the current year, with Altmeyer citing higher needs and a 21 percent aid rate for those 65 and older in the 1939 fiscal year.
Mexico City reports the Supreme Court split decision suspending the federal labor board wage increase of about 26 million pesos for Mexican oil workers. The court ordered a million pesos in strike wages to be paid by foreign interests and allowed a revision of the commission report leading to the wage hikes.
Lexington AP reports Jesse Sherrow 38 died Friday after rushing into a burning home to rescue his 10-year-old son believed trapped. The boy, later found by his grandfather, died Saturday from burns.
Denver AP reports John Campbell former Colorado Supreme Court justice died Saturday in Presbyterian hospital after a long illness. He spent 84 years with strong ties to the state’s history and served three terms on the bench. Campbell arrived in Colorado Springs in 1860 after graduating from the University of Iowa.
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