War alarms lift U S copper sales and warns on markets
Foreign war fears push U S copper purchases to a record daily foreign account volume of nearly 24000 tons. Army air corps contracts for engines worth 25003389 dollars. exports rise in metalworking machinery aircraft rubber textiles chemicals and meat. Farm income improves aided by government benefits amid mixed crops and prices. Overall business sentiment nudges higher with seasonal demand easing and wholesale markets firm.
MENTIONED IN THIS ARTICLE
Great Britain
Germany
Etsusime
U. S. Army Air Corps
Commerce Department
Local Permit Activity Highlights From Last Week
Local permits issued across multiple addresses for new dwellings garages and remodels. Notable items include Paul Green's new dwelling for 3 000 dollars and a church addition at St Ludmila's for 150 dollars. Other entries show remodels reroofs and reside dwellings with varying costs.
MENTIONED IN THIS ARTICLE
Paul P
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 E
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
First Avenue
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
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
D Avenue
J. F. Vontassell
A Avenue NW
A. E. Chase
Second Street
Emma V. Snyder
Tenth Street
A. R. Menary
Ethel B. George
A. Slaby
Fifteenth Street
Emil Charipar
Ed Day
Sixth Avenue
Anthony Skalsky
Ely Avenue
Jerry Dytert
A Avenue
Markets At A Glance From United Press
Stocks irregularly higher and quiet with bonds steady. U S governments lower and curb stocks irregular. Chicago markets mixed with foreign exchange closed. Cotton futures barely steady while grains in Chicago show wheat and corn rising about 4 cents per bushel. Silver climbs to 18 1 16 pence an ounce in London.
MENTIONED IN THIS ARTICLE
United Press
U. S
Chicago
London
First Circular Saw Introduced Menaced Jobs in New Orleans
In 1803 when the first circular saw began operation in New Orleans lumber workers promptly smashed it fearing for their jobs as hand sawyers. The anecdote reflects early resistance to mechanization in the industry.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat Prices Ease After Firm Opening on Saturday
Wheat prices eased after a firm opening as early gains faded under hedging and favorable weather forecasts. September touched 71% cents. July at 70 cents below the government loan price. Corn held firm, oats and rye edged lower, and soybeans varied.
MENTIONED IN THIS ARTICLE
Chicago
INS
Board of Trade
Liverpool
United States
Santa Fe Railway
Manitobas
Southwest
Southwestern
Chicago Chart of Grain and Produce Prices
Chicago market notes list prices for wheat corn oats rye malt and lard with varied quotes across grades. No. 2 hard wheat at 173 cents, No. 1 yellow corn around 49 and 52 cents, oats near 9 to 32 cents, lard $3.60 and bellies at $6.25 per hundredweight.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis Cash Grain Wheat Prices Report
AP dispatch from Minneapolis notes 136 car receipts for Saturday, down from 56 a year ago. Cash grain quotes list No 1 heavy dark northern and No 1 dark northern grades with prices around 76 to 79 cents, Montana hard wheats at 79 to 80 cents, and durum varieties near 63 to 83 cents. Barley quoted at 66 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Chicago Produce Markets Summary
Butter receipts 1,576,280 with no prices. eggs 19,997 with no prices. No futures trading Saturday. Potatoes arrivals 88 on track 215, total U S shipments 632, new stock. California long white and Missouri cobblers weaker. other stock steady. Sacked per cwt prices include Missouri cobblers US No 1 dirty 1.60–1.70, Missouri Bliss Triumphs US No 1 car dirty 1.70–1.75, Bliss Triumphs US No 1 car around 0.25, North Carolina cobblers US No 1 car 2.10, US Commercials 2.00, Virginia cobblers US No 1 early sales not recorded, some asking to 1.95, California Russet Burbanks mentioned.
MENTIONED IN THIS ARTICLE
Chicago
Mercantile Exchange
U. S
California
Missouri
Missouri Cobblers
Missouri Bliss
Wirkanses Bliss Triumphs
Louisiana
Bliss
Trumphs
North Carolina Cobblers
U.S
New York Dairy Prices and Bond Market Report
New York dairy receipts show steady to firm butter across grades with mixed color varieties and packing values. Butter receipts 1 157 382. creamery butter higher. extra 92 score at 23 42 cents. firsts 21 5? cents. seconds 21 654 cents. Cc receipts 214 029 quiet. U S government bonds closed with Treasury 33s and 103 14 dollars.
MENTIONED IN THIS ARTICLE
New York Co
U. S
New York
Treasury
Dow Jones Averages and Bond Market Snapshot
The report shows Dow Jones averages with the industrials, rails, and utilities sectors. It lists high, low, and close figures, daily changes, and overall stock transactions, noting quantity in rails and utilities for Saturday totals.
Metals Markets Hold Steady as Copper Stays Near 10.00
In New York copper remains steady at around 10.00 per ton with some export activity noted. Other metals show little change while electrolytic spot prices are listed as 10.00 in a brief market update.
MENTIONED IN THIS ARTICLE
New York
Week's Most Active Stocks in New York Market
The Danzig crisis triggered heavy selling in the New York stock market last week while weekend activity showed cautious buying at a logical support level. If the support had broken, a bearish signal could have followed. instead, the market held firm with selective purchases among the 12 most active stocks.
MENTIONED IN THIS ARTICLE
Danzig
New York
Miller and Sheehy Start Two New Homes in City
McKay Brothers Construction began building two residences this week for clients Robert J. Miller and Edward Sheehy Jr. The Miller home at 1850 B avenue NE will be a modified Georgian white frame house. The Sheehy residence at 2115 Lireen drive SE follows early American designs echoing Jefferson era architecture.
MENTIONED IN THIS ARTICLE
Hubert J. Miller
B Avenue
Edward Sheehy, Jr
Knollwood Drive
McKay Brothers Construction Company
Miller
B Avenue NE
Virginia
Sheehy
Lireen Drive
United States
Thomas Jefferson
Trends of Business and Corporation News
Dominion bureau data show car loadings for week to June 24 at 45366, up from 43888 prior week and 43393 year ago. Department store sales rose 3 percent from year ago while seasonally adjusted indicators point to a 6 percent weekly gain. International Railways of Central America reports May net income 77073, five months 711548, equal to 1.00 a common share. International Shoe Co. six months to May 31 net profit 2824612 or 84 cents per share. Jewel Tea Co. four weeks to June 17 sales 1806537, up 0.3 percent. 24 weeks 11171649, up 2 percent. Teck-Hughes Gold Mines nine months to May 31 estimated net profit 1377259 or 29 cents a share. Wayne Pump six months to May 31 net profit 409210 or 1.41 a share. quarter net 339771 or 1.17 a share. Dividends: Canadian Bronze Co. 3 3/4 cents on common Aug. 1. Commonwealth Edison 40 cents Aug. 1. Transamerica Corp. semiannual 25 cents July 31. United Corp. 85 cents arrears on $3 cumulative preference July 19. Records dates July 10, July 4, July 14 as noted.
MENTIONED IN THIS ARTICLE
Dominion Bureau of Statistics
Federal Reserve Board
Eain
Corporation News
International Railways of
Central America
International Shoe Co
Jewel Tea Co
Teck-Hughes Gold Mines Ltd
Wayne Pump Co
Canadian Bronze Co
Commonwealth Edison Co
Transamerica Corp
Linn County Real Estate Conveyances and Mortgages
Real estate and mortgage report for Linn County from June 23 to June 29. Conveyances 40 and mortgages 37. Mortgages total 156 046 73 dollars. Compared with same week last year conveyances 59 and mortgages 44 with total 88 200 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Eastman Becomes ICC Chief Under New System
Washington AP Joseph B Eastman is elected chairman of the Interstate Commerce Commission under a three year term in a reshaped system. The ICC also cuts divisions from seven to five and shifts leadership from annual rotation to a longer term, aiming to boost prestige and governance of transportation policy.
MENTIONED IN THIS ARTICLE
Washington
Joseph B. Eastman
Interstate Commerce Commission
Commission
Eastman
Local Agency Leads Central Life Offices
Cedar Rapids agency of Central Life Assurance led all Central Life agencies in May paid for business volume, per a report from Eagle River Wisconsin where the society is holding its agency sales leaders convention. Local reps 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 Drop Below One Million
Bank clearings in Cedar Rapids for the week ending July 1 totaled 1,009,864.65, down from 1,067,001.21 the prior week and well below the 1,142,840 figure for the same week in 1938. In Florida, 1,500 acres near Miami were opened to cultivate tropical fruits including papayas avocados and mangos as demand grows.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Everglades
Miami
Real estate transfers listed including Ely and Cedar Rapids properties
Property transfers involve Jery Bys, Rose Roztocil, Ella Strother, John Hoge, Lee Coy, Walter Roberts, Winona McFarland, Ruth Snyder, Oscar Lundquist, Clara Downing, Max Bromwell, C R Gas Co, Joseph Kriz, Emma Rousar, Joseph Simon, Goes Safford, and Leslie Anthony. Transactions cover joint tenancy transfers, fee simple ownership, and assignments in blocks and lots across Ely Cedar Rapids and Cedar Omapee areas with valuations and dates in 1939.
MENTIONED IN THIS ARTICLE
Jerry Bys
Charles
Rose Rottocil
Ely
Valcon
Ella M. Strother
John FE
Laura A. Hoge
Hus
Charles Roztocil
Rose B. Roztocil
Val Con
Lee S. Coy
Walter W
Leola H. Roberts
Park
Cedar Rapids
Winona A. McFarland
Ruth G. Snyder
Oscar H
Lenora S. Lundquist
Cedar Ompee
Clara Edinger Downing
Max Bromwell
Orig Town
C. R. Gas Co. (Inc
G. D
Joseph A. Kriz
Emma Rousar
Joseph A
Mary Simon
Edward A.briden
Goes M. Safford
Young
Treas
Linn County
Leslie Anthony
Lenox Place
Rita Rio Orchestra Owner Buys Cedar Rapids Lots
Miss Orrel Johnson, partner in the Rita Rio orchestra, closed on two lots at Linn boulevard and Cottage Grove avenue SE Cedar Rapids. She plans a home for her parents next spring, with purchase from Frank Kinch, via 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 who moved from Danville NL took a three year lease on the building at 406 Third Avenue SE owned by Hubbard Ice and Fuel Co. Malcolm V. Bolton and Co. acted as agent and also rented 309 Fifth Avenue SE to De Luxe Delivery Service. The building is owned by Sutherland Dows.
MENTIONED IN THIS ARTICLE
Chester van Hook
Danville
Third Avenue SE
Hubbard Ice and Fuel Company
Malcolm V. Bolton
Newcomer Rentals Bring Movers to City Homes
New arrivals include Frank D. Guerin and wife renting 1807 Blake boulevard SE from Perpetual Savings and Loan. He will be chief clerk in the traffic department 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 Quotation Notice
The following quotations are price ranges of recent transactions not firm bids or offerings. For interest in unquoted issues, contact the financial editor at The Gazette Cedar Rapids Iowa.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Iowa securities listings and public service series table
A fragmentary index lists Iowa securities and valuations including Iowa Public Service Co Central States Public Service No.5 1968 Interstate Power Co and Western Grover with percentages such as 105 106 97% 99% and 104% along with notes like Preferred Except As Marked. The text appears as an OCR extract of a financial table with incomplete company names and figures.
MENTIONED IN THIS ARTICLE
Iowa Public Service No
Iowa Southern Utilities Series
Central States Pt. & Lt
Ee Interstate Power Co
Soneek Saarer
Iowa Southern Utilities
Iowa Public Service Co
SOE
A aGhavakea's
Soon Athern | Utilities “Co
Sag Taeda Rey Tithes Chiiiu
East Iowa town building activity and business changes
The report highlights new property sales and construction in towns like Manchester Tipton Colesburg Traer Mount Vernon and Bennett. It notes a shift in local commerce with new studios service stations and a $16 000 creamery project while chemical shares led a market rally and aviation and steel stocks fluctuated amid broader conditions.
MENTIONED IN THIS ARTICLE
Iowa
Luana
Frank Sebastian
Virgil Scheffert
Robert Sebastian
Colesburg
Herman Brockmeyer
Henry Kuhlman
Waterloo
TRAER
William Scharfenberg
Grace Budgett
John Bohnstengel
Leonard Mix
Mount Vernon
Betts
North Eighth Avenue
Martin Schwab
Grinnell
Catherine Lott
Main Street
Ed Smith
Tipton
Glendon Mosher
Riceville
E. M. Barnes
Mosher
Duplex Sold In Cedar Rapids Investment Purchase
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 the sale was facilitated by 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
Hogs and sheep market report from Chicago and Denver region
Hogs show receipts about 200 with market steady to 25 cents higher in each weight class. 160-240 lb range up 15-25 cents, 250-350 lb steady to 15 cents higher, sows up 15-25 cents. Bulls and vealers mixed, feeders firm to weak. Sheep receipts 300 with spring lambs mostly 0 to 25 cents lower. top spring lambs at 1040, bulk 9.25 to 10.35. fed clip lambs 179-85 lbs around 9.00. native slaughter ewes strong to 3.50.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
Also Mentioned on This Page
America
Thomas E. Flanagan
Associated Press
L. C. Biistler
1722 Avenue
Robert W. Elam
Ninth Street
Ed Strasburger
Second Avenue NW
T. F. Thompson
Twenty Sixth Street Drive
Jean Owen
25Th Street Drive
Cedar Rapids, In
Sorren areAd
IA. Eho
Tasman
Winnipeg
DOW Jones
Chrysler Motors
U. S. Steel
General Motors
General Electric
Radio Corporation
Aviation Corpssa
Edison
Montgomery Ward
Jas. E. Bennett and Co
Merchants National Bank
W. H. Jump
Robert J. Miller
Edward Sheehy
Real Estate and Mortgage Reports
ICC
Central Life
Lamson Brothers
H R. Mowrey
Cedar Rap
Rita Rio Orchestra
Newcomer Rentals
Local Securities
Central States
Roosevelt
Pr. Co
Iowa Land & Dg
United
Itaines
United Lt. Ry
Geneare
Cystee One
Elec. Co
Elec
Iowa Elec. Co
la Plant-Choate Mfg. Co
United Lt
Iowa Securities
The
Fundation
E. Cohn & Sons
9Th Ave
Penick & Ford
Manchester
Harry Campbell
Meggenburg
T. D. May
North Madison Street
George Winters
Mr. Campbell
George A. Newman
East Marion Street
Henry Goodhile
J. W. Thompson
Franklin Street
L. C. Garling
Muncie
Cedar Street
Third
Fourth Streets
du Pont
Union Carbide
Johns Manville
U. S. Gypsum
Westinghouse
Coca Cola
Procter & Gamble
National Steel
Douglas
Boeing
United Aircraft
Consult
John B. Heidel
Buehler Brothers
Margaret Blaine
Park Ave. SE
Buehler Bros
First Street
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