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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 12, 1936

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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