Year of Revival for Auto Industry Marks Strong Overseas Growth
The Associated Press reports that 4.1 million cars and trucks plus replacement parts and tires were produced last year, signaling a fortification of plant inventories and a $60 million employment fund. U.S. makers see 1935 as the year of revival with plans for further expansion and strong foreign sales. Overseas shipments rose sharply, totaling about 565,000 units, up 136 percent from 1934, aided by tariff easing and reciprocal trade relations.
MENTIONED IN THIS ARTICLE
Navin J. Wilkie
Associated Press
Detroit (Ap
Automobile Manufacturers’ Association
United States
Canadian
Manufacturers’ Association
Receipts Drive Down Wheat Values in Chicago Market
Chicago AP report notes strong domestic primary receipts and fading speculative demand damped wheat prices. Bullish factors like rising British rates failed to lift markets as export business in Winnipeg weakened sentiment. Wheat closed near the day’s low, with May at about 1.00 and July around 0.881. Corn and oats followed wheat trends, while provisions edged lower.
MENTIONED IN THIS ARTICLE
Chicago
United States
Winnipeg
Corporate Bond Gains Predominate After Brief Profit Taking
The corporate bond market finished with gains as profit taking faded, with rails up to a new 1935-36 high and industrials also advancing. Transfers for the session reached about 10.7 million par value, while six day listed market sales totaled 109.63 million. Government issues showed strength, and Italian bonds provided modest recovery in the foreign sector.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
TVA
Associated Press
Treasury
Dollar dips as inflation sentiment rattles markets
The U S dollar fell against foreign currencies amid rising inflation sentiment. Sterling neared 500 and gold currencies rallied as traders digested the soldiers bonus bill, the stabilization fund proclamation, and farm mortgage inflation prospects. China’s sales of dollars and silver to Britain helped push the dollar lower despite Treasury assurances.
MENTIONED IN THIS ARTICLE
New York
United States
AAA
Supreme Court
Congress
Secretary of Treasury
Henry Morgenthau, Jr
China
Real Estate Transfers of Cedar Rapids Properties and Mortgages
A compilation of numerous real estate transfers and deeds in Cedar Rapids list Isaac B Smith to Adah Hayes Smith, Lon W. Gretchen Mo Lients, Otte Vo Lomioun, Vernon Heights Cedar Rapids, and other properties with details on blocks, subdivisions, joint tenants, and mortgage or lien notes. Names include Paul Gerald Muller, Richard Marne Miner, Perle T Miller, Frances Lydia Collier, Jacob H Miller, and others. dates range from 1934 to 1935.
MENTIONED IN THIS ARTICLE
Mirthante National Bank
North Wand
Gretchen Mo
Phak
Vmidhero
Cedar Rapids
Otte Vo Lomioun
D Woo
Tass
Tecaivera
Aed Tiet Companys
Saboder
Vernon Heights
Cedar Roya
Aly
Deloe Aed
Gether
Paul Gerald Muller
Richard Marne Miner
Perle T. Miller
Bever Park
St and
Val Eon
Frances Lydia Collier
Miller Paul Gerald Miller
Ruth Ann Davie
Avis Alfa Miller
Coil Edward Miller
Lora Lucil Lones
Richard Maine Maller
Perle T Miller
Jacob H Miller
William P Seerst
Samtal Dahms
Jocilan
Walet
Richmonds
Valcon
Atkins
Rilph Poon Vari Sedlicek
Nelson
Brook Whitees
Saturday Markets Show at a Glance
Markets summary from United Press notes stocks irregularly higher and active bonds up, curb firm and active. Chicago stocks irregularly higher, call money at 3 and 1/2 percent, foreign exchange strong as dollar slides and sterling rises over two cents. Cotton gains 6 to 20 points, grains mixed with wheat down 3.5 to 4.0 cents and corn lower, rubber up 15 to 17 points.
MENTIONED IN THIS ARTICLE
Chicago
Tortign Uxcipange Currency Exchange Rates Noted in New York
A garbled OCR list from New York shows various country currencies and city references with scattered figures. It includes mentions of Great Britain France Germany Norway Sweden Denmark Finland Spain and others, plus city pairs like Mexico City Montreal New York and Shanghai. The data appears as numerical exchange figures and place names without a coherent report or narrative.
MENTIONED IN THIS ARTICLE
New York
Porelen
Great Britain
France
Germany
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Hungary
Roumnia
Hongkong
Mexico City
Montreal
Statement Of The Condition Of The Peoples Savings Bank
The Peoples Savings Bank of Cedar Rapids Iowa Linn County presents its closing balance sheet for December 1935 showing resources of 4 180 575 03 and liabilities of 4 180 575 93. Capital stock common 110 000 00 surplus 300 000 00 undivided profits 259 190 02 deposits 1 694 890 43 time certificates 114 407 00 demand certificates 47 063 00 trust funds 63 507 13 781 811 38 total liabilities. Directors and officers certify the accuracy with sworn signatures and notary.
MENTIONED IN THIS ARTICLE
Iowan
Cedar Rapids
Iowa
Linn
Banking
DOD
State of
Luin County
Frank C Welch
TR. Warriner
Paul HW Luston
Wm Rinderknecht
Ervin F Stepanek
Brett Dishone
T R Warriner
Paul 11
Huston
Brett Dishong
iSean
Frank Crech
Warriner
Paul TW Muston
Ervin PF
Stepanek
Beale Lester P, Frezer
Linn County
NK O Mekota
UM C Crawford
A. J Murray
Market Steady as Traders Await Supreme Court Rulings
Stock market mixed as gains and losses emerge on a Saturday session. AP index shows 57.4 with 1.64 million shares traded amid profit taking and anticipation of pending legislation and high court decisions. Oil, motor, and farm issues move variably with notable advances in Americ an Locomotive, Consolidated Cigar, and Tidewater while Chrysler and GM slip marginally. Wheat, corn, and cotton show minor shifts, and flour markets in Minneapolis reflect lower prices for 98 pound sacks.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Supreme Court
Mid-Continent
Amerada
Tidewater
Wards
Chrysler
General Motors
AAA
Case
Deere
International Harvester
London Exchange Wobbly Dollar Strength After Roosevelt Policy
London markets note the American dollar weakened to around 4.963 16 pounds on a half day session amid Roosevelt policy moves related to the exchange stabilisation fund. Metals data list smelter delivered prices for copper tin zinc aluminum and quicksilver in cents per pound or dollars per flask with city price references. Cedar Rapids residents face notice for annual meeting of Cedar Rapids and Mansion City Railway Company to elect directors on February 11 1936 at the companys principal office, with E C Allen as secretary.
MENTIONED IN THIS ARTICLE
London Exchange
London
Insi
Roosevelt
American Exchaner Stabilization Fund
New York
Lend
East St Louis
St Lous
Cedar Rapids
Iowa
Cedar Rapids and
Mansion City Railoway Companys
Towa
Production Keeps Pace With High December Activity
Production and distribution maintained a brisk start to the new year with activity above 1935. Retail trade matched or surpassed last year despite weather cutting shopping. wholesalers faced tax-elimination confusion but demand remained strong. Industrial indices edged higher, with gains in power and freight car loadings, while steel demand rebounded after holidays.
MENTIONED IN THIS ARTICLE
Department of Commerce
AAA
Associated Press
American Iron and Steel Institute
New York
Federal Reserve
Cleveland—Steel
Cleveland-Lorain
Youngstown
Chicago
St. Louis
Minneapolis
Kansas City
Federal bonds settle in New York market
In New York the bond market closed with activity across Home Owners and Federal Form issues. Prices ranged around 52 for Home Owners 3s and 49 to 47 for Federal issues, with notable readings at 1015 and 1022 on certain Series.
MENTIONED IN THIS ARTICLE
New York
New and lower quotations lift printcloths and cloth prices
The Associated Press notes new and lower quotations on printcloths sheetings and broad cloths Friday bringing prices close to complete elimination of the processing tax. Metropolitan retail trade shows favorable progress with strong demand for seasonal merchandise and rising interest in between season offerings of style apparel. Whiskies see expanded sales aided by price reductions from domestic distillers to meet Canadian competition. Machinery and machine tool makers report substantial business with rush deliveries in many cases.
MENTIONED IN THIS ARTICLE
New York
Contra Seasonal Wholesale Sales and Collections Noted
NEW YORK UP wholesalers sales and collections held steady contra-seasonally in December, the National Association of Credit Men reported. The survey covered 93 cities with 49 reporting good collections and 47 good sales, while nine had slow collections and three slow sales.
MENTIONED IN THIS ARTICLE
New York
National Association of Credit Men
No Unfavorable Dividend Changes
New York reports favorable dividend changes totaling forty three last week, up from thirty the prior week, with no unfavorable changes. Notable additions include Devonian Oil, Duff Norton, Capital Management, Southern Fire Insurance and United Airlines first preferred, among others.
MENTIONED IN THIS ARTICLE
New York
Standard Statistics Company of
Duff- Norton Mfg
Capital Management
Southern Fire Insurance
N. Y
iModine Mfg
Philadelphia
Chartered Trust and Executor Company
International Paints of Canada
Packard Motor Car
Pennsylvania Iluminating
United Airlines
First Preferred
Woolson Spice
Fulton Petroleum
Ludlum Steel
First National Bank
Oi City
Hinde and
Douch Paper
American Chicle
Pacific Tin
Baltimore American Insurance
Lucky Tiger Combination
Gold Mining
National Liberty Insurance
National Whaling Bank
New London
Oilstocks Ltd
Outlet Company
Transamerica Corporation
Case Lockwood and Brainard
Filtrol Company of California
Hollinger Consolidated Gold Mines
New England Grain Products
Boston Safe Deposit and Trust Company
Coca Cola Bottling
St. Louis
Homestake Mining
F. W. Woolworth Ltd
Federal Services Finance
Franklin Fire Insurance
New England Trust Company
Feltman and Currie Shoe Stores
Keystone Custodian Funds
Mullins Mfg
Maine Casualty
Mills City Petroleums
Upson Company
Rail rolling to resume Feb 1 in Birmingham area
The Birmingham district steel output will rise to 46 percent of open hearth capacity on Monday and fall to 42 percent on Wednesday, a level expected to hold until rail rolling resumes about February 1. Currently nine open hearths operate, with three more typically needed for rail mill operations.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Investment trusts market notes and fund listings brief
Investment trust prices and fund listings appear with bid and asked values across several corporate and accumulated share classes. Notable items include Maryland Fund, Nationwide Securities, Nor Amer Trust shares, and Selected Am Sh Inc, with varied price points and fund identifiers in a concise market snippet.
MENTIONED IN THIS ARTICLE
Associated Fress
Maryland Fund Sae
Inc
Super Corp Am Tr
Usell and
Improved business conditions swell U S bank deposits
Improved business conditions and renewed confidence drew money from hoards, swelling deposits in the nations banks by billions in 1935. The 25 largest banks held total resources of about 19.49 billion, up 13 percent from 1934 and 35 percent from 1933, with Chase National topping the list at over 2.07 billion in resources.
MENTIONED IN THIS ARTICLE
John W. Streeter
United Press
New York
American Telephone
General Motors
U. S. Steel
Southern Pacific
Consolidated Gas
DuPont
United States
Chase National
Chase National Bank of New York
National City Bank of New York
Guaranty Trust Company of
Bank of America National Trust and Savings Association of
San Francisco
Continental Minors National of Chicago
Nosed Bankers Trust Company
New York City
Chicago
Philadelphia
Boston
Los Angeles
Cleveland
Pittsburgh
Detroit
Nets
Also Mentioned on This Page
Real Estate and Mortgage Reports
Ann County
Mortires
Mortgares
Mile Whipple Agency
Insurance and Bonds
American Trust
Dial
Margaret Fisher
Fisher
William A
Frederic J
Charles T
Alfred J
Lawrence F
Edward F
Howard A
Isaac B Smith
Miontee
Adah Hayes Smith
Plantor
Qed
Hedges
Dar Rapids
National Life Insurance Company
Montpelier
Vermont
Harvey C. McClary
Dows
Cedar Rapids, Ia
W. T. Sands
Second St
THE
Peoples Savings Bank
E. C Allen
Leo G. Uld
Mutual Life Insurance CO
Mer
Bank Ride
Life Insurance Co
America
Biillon
Rader Winget
Associated Press Financial Writer
Higley Bldg
Carl Schmidt
L. C. Smith & Corona Typewriters
U.S
National City
Guaranty Trust
Bank of America
San Prant
Centrh Bankers Trust
First Nat
Chi
Central Wanover
Irving Trust
Miers. Trust
Chem Bk. & Tr
Bk. of Manhatn
J Morgan
Phila National
Trust
Nat Bk Detr't
Mellan National
N Trust
Chis
Amer Tr Ts Ft
Pennsylvania Co
Phila
ABC
Tree Employment Service
Dickinson Secretarial School
Cedar Rapids Savings Bank
Ulat Qert
Perpetual Savings & Loan Association
Third Street