Betterment Seen Across Industries and Trade
A weekly business survey notes tangible gains in steel, motor, and power output with rising carloadings and a broader expansion in wholesale and retail activity. Stock market optimism grows as copper, zinc, rubber, cotton, and silk rally while scrap steel prices rebound and railroads remain cautious buyers.
MENTIONED IN THIS ARTICLE
Wen the (Ap
Omaha
San Francisco
Boston
Washington
Minneapolis
Wilmington
Milwaukee
New York
Local permits issued last week for repairs and new builds
Shores company at 712 Sixteenth Street NE filed repairs for $1,000 and an office building repair for $900. C W F Fair at 348 Seventh Avenue SW reported a dwelling fire loss repair of $1,500. Cliff Kunzmann at 2027 Wilson Avenue SW listed a new dwelling valued at $2,000.
MENTIONED IN THIS ARTICLE
Shores Company
Sixteenth Street
Sixteenth To
W. F. Fair
Seventh Avenue
Cliff Kunzmann
Wilson Avenue
G. D. Harger
Sixth Street
William Popek
Wilson Avennue
Ed Kopecky
Second Street
T. J. Walsh
Seventh Street
A. H. Sargent
First Street
John Kimm
Linn Boulevard
McIntyre Construction Company
B Avenue
Mrs. Gregor
Twelfth Street
Ed Sopousek
A. M. Warner
Sao Drive
Co. D. Hedburg
Eighth Avenue
Muriel Mueller
Dunreath Drive
B. C. Johnson
First Avenue
J. J. Buresh
Second Avenue
W. H. Tenney
Blake Boulevard
W. C. Koach
Jess Wixom
E. R. Hames
Eleventh Street
Anna Mrazek
Nineteenth Fuet NW
G. B. Kelley
Nineteenth Street
O. H. Lundquist
Twentyfirst Street
Remodeling of W F Fair Home on Seventh Ave SW
A. J. Smith and Sons began remodeling 348 Seventh Avenue SW last week. The project is expected to cost about $2,000.
MENTIONED IN THIS ARTICLE
W. F. Fair
Seventh Avenue SW
A. J. Smith and Sons
Iowa marks 100th birthday of territory and 98th of Old Capitol
Iowa celebrates 100 years since the territory creation signed by President Van Buren on June 27 1838. The Old Capitol building near Iowa City turns 98 Monday as Des Moines became capital in 1857 and the landmark served as university offices after its long stone construction finalizes.
MENTIONED IN THIS ARTICLE
Iowa City
State of Iowa
University of Iowa
Martin van Buren
Territory of Iowa
Des Moines
Iowa River
Military modernization plans outline for 45 batteries and 162 tanks
The plan details modernization of 45 batteries and 18 new medium tanks as part of a projected 162 tank program. Anti aircraft gun work will proceed with carriages at Rock Island while tube work occurs at other arsenals.
MENTIONED IN THIS ARTICLE
Rock Island
Rock River Highest In 52 Years Flood crest nears
The Big Sioux river rose to twelve feet above normal and was climbing four inches hourly as rains swelled the stream. Rock River near Hawarden reached its highest level since 1886 at Rock Valley with several bridges washed out and losses to livestock and crops reported.
MENTIONED IN THIS ARTICLE
Hawarden
Big Sioux
Rock River
Sioux
Rock Valley
York
Wall Street
Jack Maize Joins Mid-States Steel Co
R. L. Jack Maize, long time factory representative for Keystone Steel and Wire in Peoria, becomes special representative for Mid-States Steel and Wire in Crawfordsville Ind. He will oversee business in Iowa, Nebraska, Minnesota, and Missouri. The firm deals in manufacturer and fabricated steel.
MENTIONED IN THIS ARTICLE
R. L
Jack” Maize
Washington Avenue
Towa
Keystone Steel and Wire Company
Peoria, Ill
Mid-States Steel and Wire Company
Crawfordsville
Ind
Iowa
Nebraska
Minnesota
Missouri
Streamline Products Firm Moves Here
Earle Gernert elected president and general manager of Streamline Products after its principal office moved from Iowa Falls to the Cedar Rapids O R C building. At the stockholders meeting, E J Dahms and J J Early were named directors. The firm makes novelties and appliances and Gernert won a blue ribbon at the National Inventors Congress for top merit in their class.
MENTIONED IN THIS ARTICLE
Earle Gernert
Streamline Products Company
Iowa Falls
O.R.C
Cedar Rapids
E. J. Dahms
J. J. Early
Gernert
National Inventors Congress
Chicago Children Visit Iowa Farms
Chicago children visiting the Kraus family enjoy farm life for weeks. The twins, who earn 3.10 dollars singing in towns, say they will buy new suits with the money. Mrs. Kraus notes the kids feel at home among friendly farm folk and gain wholesome impressions.
MENTIONED IN THIS ARTICLE
Chicago
Cedar Rapids Bank Clearings Rise Last Week
Bank clearings in Cedar Rapids advanced about 100000 last week, reaching 1142840.49 for the week ending July 2, up from 1042769.69 the prior seven days. The year ago week ending July 3, 1927, showed 1359994.93 in clearings.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Plan Year's Work At U. S. Arsenal
The War Department outlined its next fiscal year program at Rock Island arsenal, including modernization of 75 millimeter gun carriages, three inch anti aircraft gun carriages, and some tank work. Details and funding were not available yet. The plan envisages seven batteries of four carriages each at about eight thousand dollars per carriage, totaling 35 batteries and 140 carriages upon completion.
MENTIONED IN THIS ARTICLE
Washington
War Department
Rock Island Arsenal
Department
GM Official Says Conditions Better
GM Oldsmobile general manager C L McCuen said conditions are definitively on the mend in Lansing saying the current low mood has struck bottom. He follows Sloan who warned stockholders three weeks ago the auto industry could dip to 1932 lows if the downturn continued.
MENTIONED IN THIS ARTICLE
Lansing
Mich
Ins
C. L. McCuen
Oldsmobile
General Motors Corporation
Alfred P. Sloan, Jr
Newcomer Rentals Involve Local Officials And Apartments
Newcomer S T Hootman a postal service employee from Des Moines transferred to Cedar Rapids rents the John W Barry estate residence at 314 Eighteenth street NE. The lease was arranged by Fred E Collard and company who also handled rentals for R A Wilson of Lincoln Electrical moving from Peoria Illinois and for Mrs Ben E Rowley at 216 Sixteenth street SE to George T Williams formerly of Des Moines.
MENTIONED IN THIS ARTICLE
S. T. Hootman
Postal Service
Des
Markets At A Glance From United Press
Stocks rise in active trade with bonds higher and U S governments lower. Curb and Chicago stocks gain while foreign exchange holds steady. Sane futures advance. grains in Chicago show wheat and corn near steady. Silver climbs 1 16 pence in London to 19 pence an ounce.
MENTIONED IN THIS ARTICLE
U. S
Chicago
London
Copper and metals prices hold steady in New York market
Copper steady with electrolytic spot at 9.50 and export 9.87 to 9.90. Tin steady at 43.00 spot and nearby with forward 43.15 to 43.40. Lead stable with New York at 4.75 and East St Louis at 4.60. Zinc steady with past St Louis spot and forward at 4.75. Pig iron aluminum antimony quicksilver platinum and wolf ramite noted as changed.
MENTIONED IN THIS ARTICLE
New York
American Iron and Steel Institute
Edison Electric Institute
Ward
Association of American Railroads
Department of Commerce
East St. Louis
St. Louis
Fur Coats Will Be Costlier Soon Say Northern Trappers
Edmonton reports from northern fur country predict higher prices for mink coats and fur apparel as fur harvests fall short of last year’s 3 million dollars. Pelts are scarce due to a rabbit disease cycle reducing supply, with rabbits declining for five years before a rebound.
MENTIONED IN THIS ARTICLE
Edmonton
Milady
Abdimal
Use of Reclaimed Rubber Increasing
Washington report shows rising reclaimed rubber use cutting crude rubber demand. Holt cites 1937 reclaimed rubber production at 185,033 tons from 162,000 tons consumed plus exports and stock changes. 1936 consumption stood at 133,000 tons and a 4.88 percent drop in auto mobile casings production aided the shift.
MENTIONED IN THIS ARTICLE
Washington
INS
Holt
Leather and Rubber Division
Department of Commerce
Start Construction Of House In Tipton
Ground was broken for a new two story Colonial home in Tipton by Miss Laura Geller. The five room residence will include a bath and a hot air heating plant. Fully insulated, the house is expected to be ready for occupancy by October 1 and will cost about 3800 dollars.
MENTIONED IN THIS ARTICLE
Tipton
Laura Geller
Local securities price range notices in The Gazette
Quotations indicate recent transaction ranges for issues including Interstate Power Co Public Service, Iowa Public Service Co, Southern Utilities, Waterloo Cedar Falls & North Western, City Gas & Electric, Rath Packing, Sioux City Gas & Electric, Western Grocer Co and others. Not firm bids. contact financial editor Benas for quotes on unquoted issues.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Benas
Central States
Bata Interstate Power Co
Town Public Servine Co
ST Nw
Pg Toon
Public Service
BP Say
Town Public Service Co
Mt Tor Southern Utilities
Tox
Philities
Leteass
Towa Routern Utilities ‘Co
aTowa University
Atadium
Seria Fae Ee
Bronx City Gas & Elec. Co
Waterloo, Cedar Fails & Northern
Contra
States
Fire Corp
Intérstale Power Co
Ta Tank Southern Giantties
Town
Southern Utilities A
Rath Packing Co
Sioux City
Ons & Eleti Co
Western Grocer Co
Western Groce Co
Stock Market Gains Boost Hopes Of Early Recovery
The market added billions, lifting indices to highs not seen since October, as public buying overwhelmed professionals. The Dow rose to 138.53, the utility average to 22.27, and the rail index gained, with total weekly volume surpassing 12 million shares.
Also Mentioned on This Page
Thomas E. Flanagan
First Trust & Savings Bank
12Th Ave
Ird ST. SE
Federal Deposit Insurance Corporation
Barry Burmeister
Rews City
Salt River Valley
Mormon Flat Dam
Salt River
Arizona
Great Salt River Valley
Phoenix
Federal Reclamation Bureau
California
Mid-States Steel Co
Streamline Products Firm
U. S. Arsenal
Associated Press
Tand
Oli
Ares B
Senepese ’ EE
Ee Mass Investment Sd
Efi Oh! Aitieted FP Inc Eeeue
Am Bus Shrs Inc
Newcomer Rentals
United Press
Metals Market
Sherwin-Williams
Third Ave
DIAL
Marjorie Wilteey
Coggen
Local Securities
Iowa Securities
Central Town Telephone
Central ‘States Bloc Co
Ave
Cals
Roosevelt Hotel
Elec
Lec
Ut & Pr Co
Tows Land
United
United Lt
Bet
ERS United
Maine
Delaware
Central Ates Elec
Central Biates Elec
Inter Ocean Reinsurance Com
Max L. Brown
New York Stock Exchange
Dickinson Abc
Dickinson Secretarial School
Business and
Morris
Aed Morris
Florence Lacy
Ellis Boulevard
City
W. T. Sands
Second St
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