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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 09, 1938

Page

25

Revival in steel production boosts business and retail

Observers report a revival in steel output and modest recovery in other sectors as 1937-Week activity shifts toward the new year. AP index sits at 74.1 with mixed conditions, New York retail strong, Chicago uneven, and Dun & Bradstreet noting an encouraging January so far.

Associated Press MA ‘Eries Commerce Department Usea New York City Chicago Dun and Bradstreet

New Orleans Foreign Trade Best Since 1932

New Orleans reports its 1937 foreign trade valued with exports and imports totaling 350 70 000, marking its best showing since 1932. Governor Richard W. M. says preliminary estimates indicate strong gains, aided by reciprocal trade agreements boosting commerce with Latin and South American nations. Coffee sugar cocoa oil and other principal imports come through the port.

New Orleans New York City Wefe Richard W. M

Stocks Make First General Gain In Month

New York AP reports the stock market closed the first week of 1938 with its first general advance in over a month. The Associated Press average rose 1 point to 46.6 in two hours as industrials led gains, aided by recalls at Chrysler and Ford and a mixed outlook from motor and steel issues.

Edison Electric Middle Arctic West Central Pacific Central Indust New York Exva Wall Street Erie Reconstruction Finance Corporation Baltimore and Ohio Associated Press Chrysler Ford General Motors U. S. Steel Bethlehem Anaconda Kennecott Westinghouse U. S. Rubber Sears Roebuck Santa Fe New York Central American Telephone Paramount Senate Chicago

Linn County Real Estate Conveyances and Mortgages Report

Linn County abstracts record 51 conveyances and 28 mortgages from Dec 31 to Jan 6 with total mortgage value of 127,435.50 dollars. The same week last year showed 42,750.00 dollars in mortgages.

Linn County Abstract Company Linn County Eeasnageens

Local Securities Price Range Indicated for Recent Transactions

The notice lists various securities with price ranges as guidance for potential bids and offers. Readers are invited to contact the financial editor at The Gazette in Cedar Rapids for quotes on issues noted, including Iowa utilities and railway stocks, with emphasis on non firm bid indication.

Gasette Cedar Rapids ONDS

Linn County Supervisors Cite Tax Credits and Dole Out Aid

Proceedings show homestead tax credits approved for C Murry Barbara Barton and William Thomas Cedar Rapids, with authorizations to cancel credits for 1937 on several parcels and a long list of poor relief payments and clerical adjustments to aid recipients and providers across Cedar Rapids and surrounding areas.

Phillip A. Wolff Seevell Robovsky Forest Hill Cedar Rapids Iowa Ghail E. Trimble Hull V. Briden Wellington Place

Back to Work Move Under Way in Automobile Plants

Chrysler recalls 55,000 workers to begin Tuesday operations after December 23 curtailment. Hudson plans an $11 million investment to start a new low price car and boost workers from 6,000 to 12,000 in weeks. Ford Rouge plant aims to recall most of its 87,000 by January 17, GM has not announced recall timing for 30,000 laid off.

Chrysler Ford and Hudson Detroit Chrysler Corporation Hudson Hudson Motor Car Company Ford Motor Company Mammoth Rouge Dearborn Rouge General Motors Corporation

Automakers face mass layoffs amid Detroit work hiatus

Homer Martin, United Auto Workers president, told the senate unemployment committee that about half of Detroit auto workers are laid off. Remaining staff work only 12 to 24 hours per week. GM employment is 161,000 versus a 1937 high of 220,000. Chrysler 15,000 vs 80,000. Ford 50,000 at River Rouge versus a top 90,000.

Homer Martin United Automobile Workers of America Senate Unemployment Committee Detroit General Motors Chrysler Ford River Rouge

Wheat Prices Jump In Late Trading On Chicago Board

The wheat market rose sharply in late dealings on the Chicago Board of Trade with May up to 97% cents, July and September higher, and a total export sale of 750,000 bushels. Winnipeg futures also advanced, foreign buyers active, and corn mixed as rains in Argentina curbed gains. Oats, rye, and soybeans followed smaller moves reflecting overall grain strength.

Chicago INS Board of Trade Winnipeg

Winnipeg Market Wheat Prices and Chicago Cash Provisions

Market notices show Winnipeg wheat closes near May and July values with mixed futures and Chicago cash provisions listing varied grades for wheat, corn, oats, beans, barley, timothy, and clover seed. Prices include No 2 yellow, No 3 white, and sample rates. barley and other seeds appear with multiple bid levels.

Markets Update Chicago and New York Live Poultry Prices Held

Live poultry counts show three trucks and steady prices. Dressed poultry, butter receipts, and eggs in Chicago show unsettled creamery standards and unchanged prices while potato arrivals remain on track as U S shipments steady. New York reports mixed egg receipts with varied price levels and butter higher than earlier, with refriger ator stock and standard packs noted.

Hicago Ciicaco Chicago API U. S NEW York Producee New York

Life Insurance Pays Out Billions in 1937 Wealth Trend

O Sam Cummings of the National Association of Life Underwriters reports that 1937 saw life companies pay out 3.0 billion dollars, 60 percent to living policyholders and 40 percent to beneficiaries. New insurance placed totals 15 billion, with 64 million Americans owning policies worth about 110 billion.

United States Legal Reserve Life Insurance Companies Pismi O. Sam Cummings New York National Association of Life Underwriters Cedar Rapids Mr. Cummings Life Europe United States U. S United States Legal Reserve Life Insurance Cummings Legal Reserve Life Insurance

GM Sales Dip in December but Up for 1937 Overall

World GM car sales in December fell sharply from November and December 1936 figures. For 1937 total GM sales rose 3.9 percent versus 1936, with US consumer sales and dealer shipments showing mixed declines and a small annual gain overall.

New York General Motors Corporation United States Canada

Local Men Attend Insurance School

Fourteen men from the F. W Darling agency of Bankers Life will attend the Bankers Life national school of instruction to be held Tuesday and Wednesday at Edgewater Park Miss. Names include F. W. Darling W. J. Nezerka R. S. Pick ford J. H. Nemec L. L. Fow Jer Cedar Rapids W. H. Deppey Maquoketa G. L. Halgren Vinton H. C. Portwood Davenport A. J. Stoltz Sterling IL M. L. Dowden Waterloo Walter Sharnberg Bellevue Kenneth Fisher Marshalltown H. E. Miller DeWitt and W. F. Roberson Iowa City.

F. W Darling Bankers Life Company Bankers Life Company National School of Instruction Edgewater Park Miss F. W. Darling W. J. Nezerka R. S. Pickford J. H. Nemec L. L. Fow Jer Cedar Rapids W. H. Deppey Maquoketa G. L. Halgren Vinton H. C. Portwood

Banks Hold Annual Meetings This Week

Annual meetings of four local banks are scheduled this week with Guaranty Bank and Trust at 2 p.m. Merchants National Bank and First Trust and Savings at 3 p.m. People's Savings at 4 p.m. United State Bank meets Monday at 7 30 p.m. The article also notes cadmium can substitute for tin in babbitt bearings up to 570 degrees Fahrenheit.

Guaranty Bank and Trust Merchants National Bank First Trust and Savings Bank People’s Savings Bank United State Bank

Metals Market Steady As Copper Tin Lead Zinc Hold

In New York the electrolytic copper spot and futures trade around 10.50 to 11.00 with Port at 10.3242. Tin remains steady with spot and near term at 423.1255. Lead unchanged with East St. Louis and New York quotes near 4.88 to 4.90. Zinc and other metals show little movement with antimony at 15.622 and iron aluminum quicksilver platinum and wolframite unchanged.

New York Siew. York

Outlook Promising In Furniture Industry

Grand Rapids secretary Charles F. Campbell of the Grand Rapids Furniture exposition says the furniture industry looks most promising in months. He notes buyers at the November show plan heavy purchases at the January show, after a period of low sales and a weak market.

Grand Rapids Charles F. Campbell Campbell

Child with feather phobia refuses fowl meals at home

In Lorain Ohio, 4 year old Joanne Kathryn Todarello avoids feathers and will not eat any fowl meat due to a feather phobia. The parents report the condition has existed since she was a baby. Separately Minneapolis reports wheat receipts and grain quotations with several grade categories and prices.

Lorain Rocco Todarello Joanne Kathryn Todarello

Statement of the Condition of Peoples Savings Bank Cedar Rapids 1937

The report lists assets and liabilities for Peoples Savings Bank of Cedar Rapids Iowa as of December 31 1937. It details loans and discounts bonds and securities banking house furniture and fixtures due from banks cash items interest earned total resources capital stock surplus undivided profits taxes reserves and various deposits including individual savings time and demand deposits plus trust funds.

Banking House Capital Stock

Also Mentioned on This Page

Thomas E. Flanagan Ward Association of American Rail &Ds Las Umber Co Igh First Street SE Real Estate and Mortgage Reports Local Securities Setefern Thooserels Elec Lt. & Pr. Co Isa St Ut. & Pr Tee Iowa Elec. Co Iowa Lands& x United Lt Sts United Ig Fe I . United Roe United Te Iowa Securities Towa Public Service Co Towa Public Service Go Tories Ceilese Iowa Aid Wtadiun Interstate Power Towa Public Service Maux City Gas & E ‘Co Iit Si Witarias Qoise Bos Aarie Central Bistes Pr. & i. Corp . Intecatate Power Ce. Iene Routhern Petes Linn County Board OF Supervisors Oo Wencil Fox ‘Altfillisch J W Allicks Gros A & P Tea Co Adams Elmer Beng Elec Co Poor Anthony Food Shop P Tea Co Assbass Teenieans Brigus Elmer Fox Bounty Baker Paper Co Buehler Bros Baxley Olive Bickford Georgia Birch Chase Bankers Trust Co & M J Eee Carpenter Crago James Carney Rose Artha Ake Fillenworth Frank Fowler Mary Jane Fenner Dr C L Faulkes F W Peiereisen Chas Greenawalt Graves Owen Grunewald Grand Hotel Goodridge Tom Goodlove Kenneth Fox Bounty Gazette Co Haegg Roofing Co Heether Ewman Wenderson Lucy Hart Sam Hughes Theresa Chehak Mile Pusrene Hart Anna Caldwell Willard Carpenter Groc Central Hotel R Gas Co Conway & Co Conway & Co J P Culkin Sarah Duster Bros Dow Davis Dairy Co Dickey L O Darden H G Deanpharlel Fox Duster Bros Drexler R P Day Grover Dickey A V Fox Bounty Davids Groc Eby Moray IL Elliott Earl J Hronek Milo Fis Badegaats Home Coal Co Hills Jos D Sup Kramers Groc Kirkpatrick Mrs Gee Koss Mary Kouba Anna Kasper Bessie Kortson John Sol Rel Krejci Bros PTOV Klinsky Groc Weiacoraleys Leibsohn Food Shale Spree Theirs Leibsohn Food MS Mounce Hubert,fox Bounty Med-Dent Bus Bureau Messner Nellie B Mt Vernon Ave Morrissey Wm Visser Sol Myers Marcus K de Mitralsky Groc Poor Montrose Charlotte P Martin-Roasa Tractor & Equip Co McDonald Ralph Fox McKinley Groc Gowan Margaret Nena & Son Tel Co Boulder Dam Colorado Imperial Valley California Arizona Michigan Lamson Brothers & Co Owney ATCA Sehen Ss Company Peter Pax Son Merchants National Banke Telephone Vaoy Ste Linn Eneee Ceeeeeneee Cceeeeeeae JUNG Associated Fress Maryland Super Corp Ustilaf Vie Mass Invest Jnsuren John B. Heidel Shepherd Agency Rational Life Insurance Co Mentpolies Vermont Cofer Besiée ABC Ol Bualmesa Jasen Cedag Rapids Savings Bank Mile Whipple Agency Insurance and Bonds American Trust Minneapolis Montana The Peoples Savings Bank O Linn Ene State of Iowa Frank C. Welch T. R. Warriner Paul H. Huston Denise Wa Pundermnechts Jr Panek Frank C. Mekota WM. Rinderknecht, JR Frank O. Mekota E Nnates Ervin F Asaiatansfer
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