Brisk Trade Maintains High Output After New Year
New York AP reports brisk post holiday trading as retailers clear shelves and industry recovers with a high daily output. Orders lag shipments but factories stay at high capacity for 2–3 months, with executives weighing fast versus slow production amid readjustment talks led by Secretary Hopkins. Prices for several commodities rise and Britain joins export copper market as steel quotes hold.
MENTIONED IN THIS ARTICLE
York
Hopkins
Tiny parts power Cedar Rapids Great Industries
The LaPlant-Choate plant in Cedar Rapids relies on small hydraulic seals and detent springs to keep its massive roadbuilding machinery running. Chief Engineer E. W. Austin notes these tiny gadgets are essential, and a shortage could halt production affecting 350 workers and a broad supply chain across government contractors, Caterpillar, and foreign builders. The article emphasizes the ripple effect on workers, merchants, and even newspapers if supply dries up.
MENTIONED IN THIS ARTICLE
LaPlant-Choate Company
Cedar Rapids
E. W. Austin
Austin
LaPlant-Choate
Caterpillar Tractor Company
Lawge
Chicago grain quotations from Lamson Brothers report
Lamson Brothers and company furnish Chicago grain quotations. H R Mowrey is manager of the Cedar Rapids office located at 503 Merchants National Bank building.
MENTIONED IN THIS ARTICLE
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Bank Clearings Rise In First Week Of Year
The week ending January 6 1940 saw bank clearings total 1 264 279 62 dollars, up from 1 253 165 39 dollars for the week ending January 7 1939. December 30 1939 clearings reached 951 902 47 dollars.
Wheat futures drift on Chicago bids with mixed gains
Open May settles at 0.6, July at 87, October 38 percent on Winnipeg market. traders weigh supply signals and demand prospects as prices fluctuate across contract months.
MENTIONED IN THIS ARTICLE
Winnipeg
Machines dwarf operators in LaPlant Choate factory addition
The article notes massive machines used in excavating for an expansion at the LaPlant Choate company factory where E. W. Austin, chief engineer, and adjoining gadgets enable completion. Without the equipment, production would halt affecting thousands directly and indirectly.
MENTIONED IN THIS ARTICLE
LaPlant-Choate Company
E. W. Austin
Ward's Hammermills Show Record Sale Gain
Montgomery Ward and Company reports the largest sales gain in hammermills this season. Zack McArthur of Ward Farm notes the growth reflects strong demand and credits Gazette classified advertising for boosting volume.
MENTIONED IN THIS ARTICLE
Ward
Hammermills
Gain
Montgomery Ward and Company
Zack McArthur
Ward Farm
Gazette
Building Activity in Jesup and East Iowa Towns
In Jesup and nearby towns extensive building and remodeling occurred last year. New homes were built by Herb Wolf, Leon Lewis family, and Glen Martin household. The Sandwich shop by Jack Kumpf was constructed by Emma Place, while O N Rulon operate Cottage Grocery after moving from Waverly. Major remodels included E Parker and Son adding a furniture department and front, and Mrs Masters modernizing a home with porch and asbestos shingles. The Jesup Creamery added a new floor and glazed tile wall in the barn room. Additional projects covered garages, machine sheds, double corn cribs, double garages, hog houses, poultry houses, and home relocations or expansions by multiple residents.
MENTIONED IN THIS ARTICLE
Jesup
Herb Wolf
Leon Lewis
Glen Martin
Jack Kumpf
Waterloo
Emma Place
O. N. Rulon
Waverly
North Sixth Street
E. Parker
Chris Emerson
Harold Nelson
Guy
Eddard
Cliff Comfort
Lewis Clue
Rank Alexander
Robert Walker
W. W. Blasier
Chet Wrights
Carrie Parker
Mount Vernon
Snow White
Week's Most Active Stocks Show Gains Amid Profit Taking
The market rose over the past week with several issues hitting new highs including Penick and Ford American Telephone and Telegraph and Loft Inc Loft closed at a high on heavy buying. Technical factors mainly caused the retreat and chart followers expect a rebound toward Dow Jones around the 150 level in the near term.
MENTIONED IN THIS ARTICLE
Penick and Ford
American Telephone and Telegraph
Loft, Inc
Local Business Moves and Openings in Cedar Rapids Area
Loretta Eddy sells Little Paris Beauty shop to Joe Fisher Ira Perry couple who plan to move to a farm west of Cedar Rapids. Pringle skating rink opens on highway 30 with warming shed and check room. Nick Konzen buys Minnie Holscher home in Earlville taking possession Feb 1. John Whalen opens a Du buque grocery in Ward building. Ralph Binning buys Randalia Ging ham cafe and Main street building formerly owned by Harvey Smith.
MENTIONED IN THIS ARTICLE
Loretta Eddy
Little
Earlville
Ryan — John Whalen
Dubuque
Ward
Maynard — Ralph Binning
Randalia
Lester Toss
Main Street
Harvey Smith
Newcomer Rentals Move In As Cedar Rapids Welcomes Tenants
Richard Zimmerman of Blair Nebraska rents the first floor of 275 Thirteenth Street NW and will take possession January 8. The owner keeps the upper floor and works in trucking between Denver and Chicago. Malcolm V. Boston and Co. handles the Hadish property. Fred E. Collard and Co. rents 1812 Park Avenue SE to the Glen W. Ives family, recent movers from Chicago. Ives works for Wilson and Co. M. M. Bicket transfers to Chicago.
MENTIONED IN THIS ARTICLE
Richard Zimmerman
Blair, Neb
Donald McKinlay
Glen W. Ives
Cedar Rapids
Chicago
Mr. Ives
Wilsom and Company
M. M. Bicket
Shell Announces New Motor Fuels
Shell introduces two new fuels, Super Shell and Shell Premium, at Shell stations with no price increase. P. E. Lakin, vice-president of marketing, says Super Shell improves anti-knock performance while Shell Premium offers greater performance at a small higher cost. A broad advertising push, including The Cedar Rapids Gazette, accompanies the rollout.
MENTIONED IN THIS ARTICLE
Shell
P. E. Lakin
Shell Oil Company, Inc
St. Louis
Cedar Rapids
Leech Parent Carries Entire Brood on Its Side
A parent leech carries its entire brood of young attached to its body. The single observation notes a unique reproductive strategy in which offspring cling to the parent during development.
Irregularity Features Close Of Stocks In Brief Session
New York trading ended irregularly with little net change as buying and selling balanced. Light attendance and 330000 shares flowed through the abbreviated session led by Loft and BMT as stocks moved to new highs amid mixed signals from industry and rail data.
MENTIONED IN THIS ARTICLE
York
INS
Wall Street
South
Whipple Purchases Thompson Transfer in Iowa City
Charles J. Whipple, son of Mr and Mrs C W Whipple, has purchased the Thompson Transfer company Inc of Iowa City and assumed operating duties. The firm will continue under the Thompson Transfer name with Whipple at the helm. He is a 1929 Washington High School graduate and Iowa State College 1934 alum.
MENTIONED IN THIS ARTICLE
Charles J. Whipple
C. W. Whipple
Meadowbrook Drive
Thompson Transfer Company, Inc
Iowa City
Carver W. Thompson
Thompson Transfer
Mr. Whipple
Washington High School
Cedar Rapids Business College
Iowa State College
Memorial Union of the Colege
Dubuque Seeks Bids for New Elementary School Equipment
Contracts valued at about 45000 dollars for equipment for newly built Dubuque elementary schools will be awarded January 24. Bids open at 1 p.m. in the Central school building. Architect Mark Anthony prepared the specifications and is overseeing the process. He is also appointed architect for an 18000 dollar home project by Dr. D C Conzett in Dubuque.
MENTIONED IN THIS ARTICLE
Dubuque
Mark Anthony
Anthony
D. C. Conzett
Local Securities Quoted. Cedar Rapids Gazette Notice
Local securities quotes and price range details appear in a brief notice. The Gazette financial editor in Cedar Rapids is open to questions about unquoted issues.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Towa
Iowa Securities and Utilities Bond Listings
A fragmented OCR capture shows various Iowa securities entries including utilities, power companies, and gas firms with interest rates and nominal values. It lists Waterloo Cedar Falls Northern and Sioux City Gas and other regional entities with percentages around 6 to 7 percent, and references to 1950s series and stadium notes.
MENTIONED IN THIS ARTICLE
Iowa Securities
Intersac
Power Co
Iowa Utilities
Towa Boy Utilities
Waterloo
Cedar ‘Falls
Iowa Thern Dillithe Co
Seri
Iowa
Sou Utilities
Sioux Fe Gas & Thee’ Co
Western Grocer
Owa Univ Stadium
Western Er
Taylor Home Sold To L. D. Burkhalter
The home of Mrs. R. P. Taylor at 300 Nineteenth Street SE sold to Mr. and Mrs. L D Burkhalter of 312 Crescent Street SE. Be dell Nissen company handled the closing. The two story brick house has ten rooms and two baths. The Burkhalters plan to move in late February or early March.
MENTIONED IN THIS ARTICLE
R. P. Taylor
Nineteenth Street
L.D. Burkhalter
Crescent Street
Bedell-Nissen Company
Burkhalters
Also Mentioned on This Page
Britain
Dun and Bradstreet
Carl Dueser
Aireas
Sahara
M. H. Galbraith
35Th Street
Cedar Rapids Fuel Co
ED Soboda
Messinger Sons
First Avenue
Pella
Heymer
Kriz
Tent and Awning CO
Eet SE
Dial
Inc
Eesee
Curtiss Wright
Edison Eerees
Union Bag
Col. Gas and Electric
U. S
United Corporation
Studebaker Corp
Jas. E. Bennett and Co
W. H. Jump
Res. Mgr
Newcomer Rentals
The
Central States Electric Co
Iowa Electric Co
Iowa Electric Light and Power Co
United Light and By. Co
A. G. Heim
W.T. Sands
I-N-G NG CO
Second St. NE
Pittsburgh
American Iron and Steel Institute
Federal Board
B.M.T. Common
Preferred
Thompson
Local Securities
Homs
Pigot
Roosevelt
Central “States
Choate Mig
United St & Ry
Associated Press
Oporate Trust
Eeettonees
Maryland Fund
Ass Invest
DOW Jones
Rene ‘Anal Ans
West Acenkad Cease Eee
Im Davis Noh Sibnachelaneck
KREBS
March St
Knapp & CO
Merchants Bank
Een Dial
Paramount
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