War alarms lift copper sales and armament exports
Foreign war warnings push U S copper turnover to a record Friday as nearly 24 000 tons move for foreign account. Aircraft engine contracts valued at 25 009 389 dollars boost arms demand while exports of metal working machinery rubber textiles chemicals and meat rise in early 1939. Farm income edges higher due to government benefits and a brighter outlook. General business sentiment improves though retail slack remains, with wholesale markets firm and the AP index at 88.6.
MENTIONED IN THIS ARTICLE
Great Britain
Germany
U. S. Army Air Corps
Commerce Department
Local permits issued for homes and businesses last week
A list of permits shows numerous new garages and dwellings in multiple streets including 1722 avenue NE 1906 Ninth street SW and 1316 H avenue NE with values from 100 to 9 200 dollars. Projects include reroofing remodels and church additions with firms and residents named such as Clair W Tibbits 1440 Wildwood drive SE and St Ludmila s Church 215 Twenty first avenue SW.
MENTIONED IN THIS ARTICLE
L. C. Biistler
1722 Avenue
Robert W Elam
Ninth Street SW
Ed Strasburger
Second Avenue NW
Paul P and
Mary D. Green
H Avenue
Clair W. Tibbitts
Wildwood Drive
Robert Miller
B Avenue
Eliza Wagley
Oakland Avenue
Russell Ice Cream Company
E Avenue
W. C. Hill
Longwood Drive
George Krieppner
N Street
W. Howard Moyer
First Avenue
Stanley A. Nemec
Seventh Avenue
B. B. Elmore
Eighth Street
Nellie Dostal
Fourteenth Avenue
L. F. Dougherty
Seventeenth Street
W. J. Nemecek
Thirty Third Street
Emma Kriz
Maurice B. Krueger
Thirty-second Street
A. A. Eyler
Hinkley Avenue
Robert Fishell
Elmhurst Drive
A.L. Melsha
Mallory Street
Frances Jiha
Twenty-second Avenue
Frances Molly
D Avenue
St. Ludmila’s Church Corporation
Twenty-first Avenue
Church
C. L. Douglass
Knollwood Drive
Charles Woodward
John Stige
Nineteenth Street
Alex Sheronick
L Street
New Commercial
Frank J. Smith
Thirteenth Street
Charles Whittenbough
J. F. Vontassell
A Avenue NW
A. E. Chase
Second Street
Emma V. Snyder
Tenth Street
A. R. Menary
Sixteenth Avenue
Ethel B. George
A. Slaby
Fifteenth Street
Emil Charipar
Ed Day
Sixth Avenue
Anthony Skalsky
Ely Avenue SW
Jerry Dytert
A Avenue NE
Markets At A Glance From United Press
Stocks irregularly higher and quiet. Bonds steady and quiet. U.S. governments lower. Curb stocks irregular, Chicago stocks irregular. Foreign exchange local markets closed. Cotton futures barely steady. Grains in Chicago wheat and corn slightly firmer, unchanged to up about a half cent a bushel. Silver up 1 16 penny in London to 18 1 16 pence an ounce.
MENTIONED IN THIS ARTICLE
United Press
U.S
Chicago
London
First Circular Saw Sparks Early New Orleans Turmoil
In 1803 workers in New Orleans smashed the first circular saw as they feared losing jobs to the new machine, halting lumber work and underscoring early resistance to industrialization.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat Prices Ease After Early Firm Opening
Wheat moved from early gains to losses of up to a cent a bushel after a firm start. Milling demand supported bids before hedging and weather reports weighed on prices. September touched 7 1/4. July at 70 1/2 cents. Corn and oats fell modestly while rye and soybeans slipped. Liverpool markets were firmer on Argentine demand and European tensions. Southwest rains and forecasts of clear belt weather influenced traders. Santa Fe projects 320 million bushels across eleven states, 12 million above June forecast. Export sales seen at 150 000 to 200 000 bushels, mostly Manitobas. Wheat movement in the southwest eased. receipts lighter than last year. Chicago cash grain prices varied by grade. lard and bellies quoted. Minneapolis cash bids showed firm No. 1 hard and durum values.
MENTIONED IN THIS ARTICLE
Chicago
INS
Board of Trade
Liverpool
United States
Santa Fe Railway
Manitobas
Southwest
Southwestern
Markets in Chicago and New York Produce Reports
Chicago receipts show butter 1,576,280 and eggs 19,997 with no prices. potatoes arrivals 88 and on track 215 with varied U S stock. New York reports eggs pricing, butter receipts 1,157,982 with firm tones, cheese steady. U S government bonds close higher, stocks mixed with notable industrials.
MENTIONED IN THIS ARTICLE
Chicago
Mercantile Exchange
U. S
California
Missouri
Missouri Cobblers US
Missouri Bliss
Bliss
Arkansas
Louisiana
North Carolina
Cobblers
U.S
New York
Atliec
Week's Most Active Stocks in New York Market
The Danzig crisis triggered heavy selling in the New York market last week. Some buying emerged at weekend, as the decline halted at a logical support level, reducing bearish pressure. The article lists the 12 most active stocks.
MENTIONED IN THIS ARTICLE
Danzig
New York
Miller and Sheehy Start New Homes in Local Project
Robert J. Miller and Edward Sheehy begin construction on new houses by McKay Brothers Construction. The Miller home at 1850 B avenue NE will be a modified Georgian white frame design, while the Sheehy dwelling at 2115 Linden drive SE recalls early Jefferson era styles with Greek revival influences.
MENTIONED IN THIS ARTICLE
Robert J. Miller
B Avenue NE
Edward Sheehy
Knollwood Drive
McKay Brothers Construction Company
Miller
Virginia
Sheehy
Linden Drive
United States
Thomas Jefferson
Trends of business and corporate results June weekly metrics
Dominion bureau data show car loading 45 366 for the week to June 24, up from 43 888 prior and 43 393 year earlier. Federal Reserve lists countrywide department store sales 3 percent above last year, after a 6 percent week-ago gain. International Railways of Central America reports May net income 77 073 and five months 711 548, with common share earnings of 1.00. International Shoe Co. six months to May 31 net profit 2 824 612 or 0.84 per share, Jewel Tea Co. six months and four weeks show sales around 11.17 million and 1.80 million respectively, up slightly. Teck-Hughes Gold Mines nine months May 31 estimated net profit 1 377 259 or 0.29 a share. Wayne Pump Co. six months profit 409 210 or 1.41 a share. quarter profit 339 771 or 1.17. Dividends include Canadian Bronze Co. 3 75 cents on common Aug 1. Commonwealth Edison Co. 40 cents Aug 1. Transamerica Corp. 25 cents July 31. United Corp. 85 cents on arrears on $3 cumulative preference July 19.
MENTIONED IN THIS ARTICLE
Dominion Bureau of Statistics
Federal Reserve Board
Corporation News
International Railways of
Central America
International Shoe Co
Jewel Tea Co
Canadian Bronze Co
Commonwealth Edison Co
Transamerica Corp
United, Corp
Real Estate And Mortgage Reports From Linn County
Conveyances and mortgages recorded in Linn county from June 23 to June 29. Forty conveyances and thirty seven mortgages recorded. Mortgages aggregate two hundred ten thousand six hundred forty three dollars. Compared to same week last year when fifty nine conveyances and forty four mortgages were filed totaling eighty eight thousand two hundred dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Eastman Becomes Chieftain of ICC Under New System
Washington AP reports Joseph B Eastman, key advocate for transport reform, named chairman of the Interstate Commerce Commission under a new three year term. The reorganization also cuts divisions from seven to five.
MENTIONED IN THIS ARTICLE
Eastman
ICC
Washington
Joseph B Eastman
Interstate Commerce Commission
Commission
Local Agency Leads Central Life Offices
The Cedar Rapids agency of the Central Life Assurance society reported an increase in paid for business volume during May. The report came from Eagle River Wisconsin where the society is holding its agency sales readers annual convention. Local representatives Mr and Mrs W D Moore and Mr and Mrs William F Sarset attend and will return Monday.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Central Life Assurance Society
Central Life Agencies
Eagle River
Wis
W. D. Moore
William F. Sarset
Cedar Rapids Bank Clearings Dip Week Ending July 1
Cedar Rapids Clearing House reports week ending July 1 total bank clearings of 1 009 864 65, down from 1 067 001 21 the prior week and below 1 142 840 for the same week in 1938. Exotic fruits gain attention as Everglades acreage opens to sapodillas avocados mangoes and other tropicals near Miami.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Everglades
Miami
Real estate transfers listing multiple Cedar Rapids property deeds
The notice itemizes transfers including Jerry Bys and Rose Roztocil to several parties and others such as Ella Strother to John Hoge and Lee Coy to Walter Roberts. Transactions show joint tenancy provisions, fee simple transfers, and nominal consideration with dates in May 1939. Properties referenced include lots in Ely Cedar Rapids and Kenned Park along with Plat Cedar Rapids and Orig Town Cedar Rapids actions.
MENTIONED IN THIS ARTICLE
Jerry Bys
Charles
Rose Rottocil
Ely
Valcon
Ella M. Strother
John E
Laura A. Hoge
Charles Roztocil
Rose B. Roztocil
Lee S
Walter W
Leola H. Roberts
Park
Cedar Rapids
Winona A. McFarland
Ruth G. Snyder
Oscar Hf
Lenora S. Lundquist
Hus
Clara Edinger Downing
Max Bromwell
Orig Town
Co. R. Gas Co. (Inc
G. D.finnigan
Joseph A. Kriz
Emma Rousar
Joseph A
Mary Simon
Edward VA. Briden
George M. Safford
Young
Treas
Linn County
Leslie Anthony
Lenox Place
Chicago Grain Quotations Furnished by Lamson Brothers
Lamson Brothers and Company provide Chicago grain quotations with H R Mowrey listed as manager. Cedar Rapids office located at 503 Merchants National Bank building.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Rita Rio Orchestra Owner Buys Cedar Rapids Lots
Miss Orrel Johnson of New York City the youthful partner in the Rita Rio orchestra closed negotiations for two Cottage Grove avenue SE lots in Cedar Rapids. She plans a spring home for her parents at 1580 Second Avenue SE. The Linn boulevard corner lots were purchased from Frank Kinch. sale handled by Malcolm V Bolton and company.
MENTIONED IN THIS ARTICLE
Orrel Johnson
New York City
Rita Rio
Cottage Grove Avenue
F. C. Johnson
Second Avenue
Frank Kinch
Eighteenth Street
Linn Boulevard
Malcolm V. Bolton and
Two Leases Made For Business Locations
The Crispy Cream Doughnut Shop owned by Chester Van Hook has taken a three year lease on 406 Third Avenue SE. Malcolm V. Bolton and company acted as rental agent. The building is owned by Hubbard Ice and Fuel company and another lease at 309 Fifth Avenue SE was made to De Luxe Delivery Service. The building at 309 Fifth Avenue SE is owned by Sutherland Dows.
MENTIONED IN THIS ARTICLE
Chester van Hook
Danville
Third Avenue SE
Hubbard Ice and Fuel Company
Malcolm V. Bolton
Newcomers Rent Homes as Local Moves Continue
New arrivals include Mr and Mrs Frank D Guerin moving from Chicago into 1807 Blake boulevard SE leased from Perpetual Savings and Loan. Guerin will be chief clerk in the traffic dept of the Chicago Rock Island and Pacific Railway.
MENTIONED IN THIS ARTICLE
Frank D. Guerin
Chicago
Blake Boulevard
Perpetual Savings and Loan Association
Guerin
Chicago, Rock Island and Pacific Railway Company
Fred
Local Securities Price Range Highlights Iowa Issues
A summary of recent quotation activity for Iowa bonds and stocks from Central States Protective & Life alongside utilities such as Interstate Power Co and Town Public Service Co. Prices cited include 5 1957 632 64 in some issues and 10134 1023 for Southern Utilities Series 1950, with notes on preferred and common stocks for Central States, Rath Packing Co, Sioux City Gas and Electric, and Western Grocer Co.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Central States Pr. & Lt
Interstate Power Co
Towa Public Service Co
Town Public Service Co
Towa Southern Utilities
Town
Soutert ‘Utilities
Southern ‘Counties Co
OTS
Aonivers
Central States Pr
Lt. Corp
Southern Galites Co
Jowa Southern
Rath Packing Co
Sioux City Gas
Western Grocer Co
Stock Market Holds Firm After Mixed World News
A quiet Saturday session saw U S stocks firm with modest gains led by chemicals and building shares. Du Pont Air Reduction and Union Carbide rose. Montgomery Ward expansion news boosted mail orders. National Steel dipped then recovered. Bond market showed strength in Brazilian issues as interest resumed.
MENTIONED IN THIS ARTICLE
du Pont
Union Carbide
Johns Manville
U. S. Gypsum
Montgomery Ward
Chicago
Westinghouse
Coca Cola
Procter & Gamble
National Steel
Building activity and business changes in East Iowa towns
In Manchester several residential property sales closed. Harry Campbell bought Mrs. May’s home on North Madison, to be remade into a photo studio and residence. George A Newman purchased a North Marion street home, to be turned into four apartments. Dr. J. W. Thompson bought the Garling home on North Franklin, plans to move to Muncie. Tipton Conserva tive moved to a new Cedar street location. Luana sees Frank Sebastian building a new service station on highway 52 18, run by his son Robert. Colesburg sold the Brockmeyer home to Henry Kuhlman for 2000. Traer begins a small building boom with remodellings on several properties and new bungalow construction. Mount Vernon reports two residential transfers, Schwab buying Betts home and Mrs Lott selling Main street home to Ed Smith. Tipton sees Glendon Mosher purchase the Modern Cleaners plant from E. F. Barnes. Bennett prepares for a new 16000 creamery for the Farmer’s Cooperative led by Veno Conrad and secretary W. G. Kroeger with Amana building the facility East of the current site.
MENTIONED IN THIS ARTICLE
Manchester
Harry Campbell
Meggenburg
T. D. May
North Madison Street
George Winters
Mr. Campbell
George A Newman
Fast Marion Street
Henry Goodhile
Luana
Frank Sebastian
Virgil Scheffert
Robert Sebastian
Colesburg
Herman Brockmeyer
Henry Kuhlman
Waterloo
TRAER
William Scharfenberg
Grace Budgett
John Bohnstenger
Leonard Mix
Mount Vernon
Betts
North Eighth Avenue
Martin Schwab
Grinnell
Catherine Lott
Main Street
Ed Smith
Tipton
Glendon Mosher
Riceville
FE. M. Barnes
Mosher
Investment duplex purchase at 117 Second Street SW
John Erickson of 520 Fifth Avenue SE bought the duplex at 117 Second Street SW last week. The Cedar Rapids Building and Loan Association owned the property and it was sold through George P. Witwer and Company.
MENTIONED IN THIS ARTICLE
John Erickson
Fifth Avenue SE
Second Street
Cedar Rapids Building and Loan Association
George P. Witwer and Company
Chicago Livestock Market Report Shows Mixed Movements
Salable receipts 200 cattle and 300 sheep with steady to higher bids for specific weights. Cattle demand mixed with steers steady to 25¢ higher, cows down 25¢, stockers steady, vealers weak to steady. Lambs weak to 25¢ lower. spring lambs and fed clipper lambs cited with varying prices across regions.
MENTIONED IN THIS ARTICLE
Ciicago Livestock
Chicago
Dept Agriculture
California
Idaho
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Thomas E. Flanagan
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Twenty Sixth Street Drive
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25Th Street Drive
Cedar Rapids, Ia
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