Experts See Decline Continue with 1950 Readjustment Plan
J A Livingston surveys 38 economists who foresee a 17 percent overall production drop from peak to trough, with a gradual recovery unlikely before mid to late 1950. They expect higher stock gains, lower living costs, and unemployment rising to 3.8 million by June 1950 before easing. The Dow is seen fluctuating around 163 to 175 through 1950 with some predicting 225 by mid-1950.
MENTIONED IN THIS ARTICLE
U. S
Federal Reserve Board
Hydraulic Loader for Small Tractors Introduced
Ollie Henderson of Henderson Manufacturing Company in Cedar Rapids introduced a new hydraulic loader for small tractors. The unit, developed last winter, has about 500 pounds capacity and fits several makes. First units recently went on sale.
MENTIONED IN THIS ARTICLE
Ollie Henderson
Henderson Manufacturing Company
Cedar Rapids
Labor Turnover Costs Hit Small Plants Hard
Chicago report says the average small plant loses 50 to 500 dollars each time a worker quits or is fired with higher costs for skilled labor and disruption. Commerce magazine notes the financial impact helps explain turnover.
MENTIONED IN THIS ARTICLE
Chicago
Commerce Magazine
Stratocruiser Flight to C R Recalls Collins American Deals
Collins Radio Company figures connected to the Stratocruiser visit Cedar Rapids as James G. Flynn Jr. and American Airlines Overseas division showcase original Autotune and ART-13 transmitter heritage. Flynn, a former Army Air Forces officer and pilot, highlights Collins role in early radio gear and wartime designs.
MENTIONED IN THIS ARTICLE
Stratocruiser
C.R
Collins-American
Collins Radio Company
American Overseas Airways
James G. Flynn, Jr
AOA
Cedar Rapids
Collins
Flynn
Texas
America
American
Collins Company
American Airlines
Army
Navy
Air Force
Air Transport Command
Reds Increase Air Services Across Soviet Network
Soviet air lines raise flight schedules with daily Moscow to Vladivostok service and more frequent Moscow to Hakutsk. Freight routes added from Moscow to Molotov and Omsk, plus regular trips to Erevan and Kutaisi. Summer specials from Sverdlovsk, Minsk, Kiev, Leningrad and other cities to Black Sea and Caucasus resorts. New 11-12 transport planes touted.
MENTIONED IN THIS ARTICLE
Moscow
Indians Win Social Security Aid in New Mexico Arizona
About 10 690 American Indians in New Mexico and Arizona have gained public assistance under the federal social security act after 14 years of discrimination. Checks were mailed June 16, though the policy still allows less aid than other races, according to Oliver La Farge.
MENTIONED IN THIS ARTICLE
New York
New Mexico
Arizona
Association On American Indian Affairs
Oliver la Farge
Truman
Washington
Arthur Altmeyer
la Farge
Federal
Social Security Administration
Britain Faces Stage Set For Pound Devaluation
London reports an eventual showdown over devaluing the pound as pressures from European currencies US Treasury and IMF push for realignment. Analysts doubt a devaluation this summer or year, stressing that money value hinges on public attitude and careful staging of the move. Butter as an economic barometer shows production up about 20 percent from last year amid hard times. The piece also notes aviation postures, PR control shifts in the armed services, and UN efforts to reproduce out-of-print mags.
MENTIONED IN THIS ARTICLE
ONDON
New Stock Brokerage Office Opened in Cedar Rapids
Daniel F. Rice and Company opened a Cedar Rapids branch on Friday in the Merchants Bank Building. Roy J. Maddock will manage the office. The firm, founded in 1923, has its main office in Chicago with branches in New York Miami Fort Lauderdale Champaign Peoria Rochelle and Fort Dodge.
MENTIONED IN THIS ARTICLE
Daniel F. Rice and Company
Cedar Rapids
Merchants Bank
Roy J. Maddock
Chicago
New York
Miami
Fort Lauderdale
Fla
Champaign
Peoria
Rochelle
Ill
Fort Dodge
Linn County Real Estate Conveyances and Mortgages
Conveyances and mortgages recorded in Linn County from June 24 to June 30 reported by Linn County Abstract Company show 91 conveyances and 34 mortgages totaling 142 952 dollars. The same week last year recorded 134 conveyances and 70 mortgages totaling 311 310 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Also Mentioned on This Page
J. A. Livingston
Pmaams
Soardh
Dew Jones
Walter I. Fry
Accid
Ken P. Quinn
Higley
Walter Fry
Ted Specht
Les Moucka
Roy Orr
Ellen Carver
Sisk
Occidental Life Insurance Company of
Calif
American Building
First Avenue
Dial
National Association of Securities Dealers, Inc
Cedar Rapids Municipal
Boeing
N.Y
Benquest Consolidated Mines
Commonwealth & Southern
Curtis Wright
United Corporation Ee
U. S. Steel Corp
du Pont Ee
Radio Corp Ee
Socony Vacuum Ee Eee
James E. Bennett and Company
William H. Jump
Edwin H. Clark
Ane MW Threlkeld
American Mutual Life Insurance Company
Vern C. Threlkeld
Representatives
Merchants National Bank
Reds
Iowa
Central States
try-Burrell Comte
Tse Eeee
Ll. Ie
Corns Radio
Elec
Towa Elec
LaPlant-Choate Common
Ant Oaters Eeses
Long Bell Lumber
Merchants
Disnesste Wees Meredith Publishing Co
National Ts
Penick and Ford
Pfrakerts
Sioux City Gas and
United and Bus Common
W. C. FP
N. I
Affiliated
F Inc Ee
Am Bus
Pidelits Fund Inc
Keystone
Keystone Cystone
Invest
United States Treasury
U. S. Economic Cooperation Administration
International Monetary Fund
Britain
Civil Aeronautics Board
Budget Bureau
Pentagon
Johnson
United Nations
U.N. Educational, Scientific and Cultural Organization
Real Estate and Mortgage Reports
Oakland
Marceline Matlock
Gordon
Sherry Stevens
Thomas L. Crabbe & Co
Thomas L. Crabbe
Harry H. Strother
United Light and Power CO
Figge
Vavra & CO
Chicago Stock Exchange
Reginald B. Figge
John
Vavra
KOSEK
Investment Service
Ernest Kosek
Ludmil PR
Edward Hollander
Tka
John Donnelly
Frank Sladek
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!