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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jul 09, 1939

Page

22

Weather, Holiday Period And Strike Slow Trade Pace

Weather, a motor strike, and the July Fourth holiday slowed business last week. Detroit GM workers walked out over model production, while navy and anti trust actions influenced costs and construction. Corn crop prospects and steadying steel prices frame a mixed outlook for late summer and fall.

Thomas E. Flanagan Detroit General Motors William 5. Knudsen General Motors Corporation Commerce Department New York

Local permits issued in Cedar Rapids last week

A Cedar Rapids listing shows numerous permits processed in the past week. Projects include new garages and dwellings, home remodels and reroofs, with values ranging from 15 to 28 571 dollars. Names and addresses span Cedar Rapids streets and nearby avenues, including Hawkeye Downs and multiple NW SW SE NE sectors.

Markets At A Glance from United Fresh

Stocks steady and quiet while bonds remain firm. U S governments show irregular moves. Curb stocks irregular and Chicago stocks irregular. Cotton futures easy. grains in Chicago easy. Wheat declines about a half to one cent, and corn falls about half to one cent. Silver trades down 44 pence in London to 16 1/2 pence per ounce, lowest since February 1933.

United Fresh U. S Chicago London

Darling Agency Second in Bankers Life Sales in 1939

The F. W. Darling Cedar Rapids agency for Bankers Life Company ranks second among 56 units for new life insurance sales in the first half of 1939, according to the Des Moines office.

F. W. Darling Cedar Rapids Bankers Life Company Des Moines

Boston Wool Market Ends Week With Broadening Demand

The Boston wool market showed a broadening tendency despite holiday disruptions. Main activity centered on greasy wools and final original wools from territory sources and country-pack offerings of three-eighths and one-quarter blood fleeces. Graded wools were slow with unchanged quotations. Bright combing fleece ranged from 28 to 32 cents, with varies by grade.

Boston U 8 Dept. Agriculure Delaine

Wheat futures fall on Canadian crop report and Winnipeg weakness

Wheat futures slipped further on the Chicago board with December leading the decline down 1.54 cents to a season low of 68 cents. July and September also dropped, while Winnipeg deliveries and Liverpool trade posted new season lows amid bearish Canada crop data and weak demand. Other grains followed wheat lower as exports and supplies eased, with oats and rye down and soybeans little changed.

Chicago INS Chicago Board of Trade Winnipeg Liverpool Rotterdam Buenos Aires

Winnipeg and Chicago Grain Prices Report

Winnipeg market shows July and October wheat quotations with slight gains and down closes. Chicago cash provisions list assorted wheat and corn prices, including No. 2 yellow and No. 2 hard, with beans and barley varying by grade and location. Minneapolis cash grain notes no 1 heavy dark northern and No. 1 red prices, plus oats and barley figures.

Chicago Chigago (Ap Minneapolis Montana

Chicago produce market closes amid mixed notes and weak prices

Markets report from Chicago and New York shows receipts for butter and eggs with no prices, market closed, while potatoes show varied demand. Missouri and California items display lower to moderate demand, with lingering heavy supplies and scattered price levels for different grades and regions.

Chicago U. S Missouri Kansas Collifornia Bliss Ateady Virginia Cobblers California Idaho Bliss Triumphs Kansas Cobblers New York

Grain Quotations Furnished by Lamson Brothers

Chicago grain quotations are provided by Lamson Brothers and Company with I R Mowrey as manager. The Cedar Rapids office is located in the Merchants National Bank building and can be reached by phone.

Chicago Lamson Brothers and Company I. R. Mowrey Cedar Rapids Merchants National Bank

New Grandstand at Central City Ready for Use

Gazette reports the new grandstand at Central City fairgrounds will seat 1500 spectators with 200 box seats. The structure replaces the previous grandstand destroyed by fire months ago and is mostly complete except for painting.

Gazette Central City Fairgrounds

Week's Most Active Stocks Close Quietly Amid Low Volume

New York stocks finished the week ended July 8 generally firmer, but trading volume was the lightest in years and investors held back awaiting clarity on domestic and global events. The report lists the 13 most active stocks and their ranges.

New York Washington News

WPA Heads Doubt Manufacturing Will Absorb Idle Labor

WPA officials warn that only a marked drop in work time or a sharp rise in production can keep manufacturing employment at current levels or reach 1929 peaks. A study by Commissioner F. C. Harrington shows ongoing automation and labor-saving tech may reduce jobs, cautioning against relying on higher output alone to absorb labor.

WPA Washington INL F. C. Harrington

British warning on hot water for royal visit

The British foreign office issued a solemn warning that their majesties must have hot water in the White House before King George and Queen Elizabeth’s visit. It remarks that Americans’ higher standards, like multiple bathrooms and unlimited hot water, were not shared in Britain.

White House Foreign Office George Elizabeth America Little Island

Stocks and Utilities Listings in Central States Market Report

The page catalogs local securities including Central States Power and Light, Iowa utilities, Southwestern and Sioux City gas, and Western Grocer Co. notes. It notes preferred and common shares with varied par values and issue years, listing management and exchange statuses for a midweek market snapshot.

Central States Pr. & Lt Pera, Power, Co Towa Public Epce Co Toma Pu Service Co Bia Service Co Towa Autherit Utilities Eer Sieeve Southerr Ne’ Utilitte Aerien Veree Central States Pr Lt. Corp T Intarate

Bank Clearings Rise Amid Holiday Season

Cedar Rapids Clearing House reports bank clearings for the week ending July 8 at 1,806,992 50, compared with 1,069,834.63 a year earlier. The July 1 total was 1,009,804.65, noted as especially significant given this year's four day holiday.

Cedar Rapids Clearing House

Trends of Business and Corporate News 1939 July 8

Trends of business reports week ended July 1 show department store sales up 3 percent from a year earlier. Alaska Juneau Gold Mining Co profits for six months fall to 561,400 from 1,002,500 year ago, June profit 138,900. Bond Stores June sales 1,772,965. Interstate Department Stores June sales 1,969,241. Lane Bryant reports net loss for year. J C Penney June sales 22,235,459. Walgreen June sales 5,551,428. Colgate Palmolive payments and records set for August and October.

Alaska Juneau Gold Mining Co Bond Stores, Inc Bulova Watch Co Consolidated Laundries Corp Interstate Department Lane Bryant, Inc J. C. Penney Company Walgreen Company

East Iowa towns see building and business changes

In LaPorte City Bruce Kline will run a cash and carry grocery in the Ashley brothers building formerly Fred Halbfass. Carl Powers moves Hi Way cafe to Ossie Grocery site. Craft building to host a new cafe. Mille sburg Albert cafe sold to Elvin Taylor. Roggentine couple to operate. grocery moves next to Jack Spratt. Riverside Joseph Schulze relocates shoe repair to J A Muller building with living quarters above. Jesup Gates Hardware opens in remodeled Janes Berger building under manager William Parker with Romayne Rogers. Manchester George Robert builds 18 by 28 foot summer cabin near Quaker mill. Wayne Dutton completes nearby cabin. Independence Bottling Works sold to Floyd Nietzbach and Diel Bishop. Washington Sanitary Bakery plans downtown sales room in Cofense hotel building. remodel ongoing. Maquoketa Carson Balster morticians buy Eliza Sears residence to convert to funeral home, relocation planned by Aug 1. Anamosa sewage plant for city and reformatory to begin Monday. contract $100,000. Atkins new waterworks $25,000 project. Wellman health dept advises sewage plant. engineers hired to design. Coggon sewer and sewage plant built by Zobac and Son at $47,000. 45% funded by PWA grant. Lone Tree J W Miller couple open bakery in Torrance space. Traer R G Beneke buys Loren Manley barber business. Hudson Frank Gutknecht takes over Stand ard Oil service station lease on Main and Highway 63. Hopkinton new municipal building completed. dedication upcoming. Winterport B Houlihan buys Maryvn Lustick barber shop.

Laporte Bruce Kline Ashley Brothers Lafe Fred Halbfass Carl Powers Ossie Millehsburg Albert Elvin Taylor Mr. Taylor Virgil Roggentine J. A. Muller Main Street Manchester Maquoketa Wayne Dutton Roberts Independence Independence Bottling Works Fred Towlerton Mary Towlerton Floyd Nietzbach Diel Bishop Washington John Blick Frank Ryan Sanitary Bakery Northtown Avenue Carson Balster Eliza Sears A L. Hutchins Anamosa Reformatory Stark Building Company Cedar Rapids Wapsie River Atkins Dan Christensen Construction Company Wellman State Department of Health Coggon Frank Zobac

Chemical resists fire in Imperial Chemical study

Fire resistant compound developed by Imperial Chemical Industries researchers to combat flames from small incendiary bombs. The discovery aims to curb spread of fires caused by such devices and supports wartime safety measures in London.

London Imperial Chemical Industries

Budget Estimate and Record of Filing Town and City Estimate

Ely town council in Linn County Iowa will meet on July 20 1939 at 7 30 p m at Town Hall Taxpayers may speak for or against the estimate of expenditures Edwin J Vavra town clerk lists adjusted valuation 92150 and moneys and credits 94964 for 1938

Ely Linn County Iowa Edwin J. Vavra

Heat Wave Dampens Activity on Stock Exchange

Trading on the stock exchange fell back as a heat wave kept traders away. Volume reached 113 320 shares, near a 21 year low for a short session, with many markets muted by labor trouble and GM plant shutdowns. Copper rose, but steel and rails showed mixed or minimal movements ahead of next week.

Wall Street Lew York INS

Real Estate And Mortgage Reports for Linn County

The Linn County Abstract Company reports conveyances and mortgages recorded from June 30 to July 6 totaling 56 conveyances and 36 mortgages, with a mortgages aggregate of 81,700. June comparisons show conveyances 221 in 1935, 258 in 1936, 218 in 1937, 206 in 1938, 227 in 1939. mortgages 101, 141, 132, 130, 173 respectively. June mortgage aggregates: 527,840.55 in 1935, 282,563.78 in 1936, 332,199.62 in 1937, 270,310.00 in 1938, 519,580.39 in 1939.

Linn County Linn County Abstract Company

Price Of Mercury Steadily Increases

In Reno Nevada the rising quicksilver price is labeled a war monger issue as quotes reach 88 to 94.50 per 76 pound flask, up about 20 from last year. Quicksilver fuels high explosive production and its cost tracks conflict prospects, with wartime prices historically high. California and Nevada mine several properties, with 1937 data showing 20 Nevada properties producing 198 Masks worth 518000.

Reno Nev Nevada Pershing White Pine Mineral Nye California

Newcomer Rentals Fill Cedar Rapids Homes for August

Anna K Forrey of Cedar Rapids rents her home at 1021 Second Avenue SE for possession August 1 to Pay son Berg of Dubuque who will live there. Mrs Berg’s son plans to stay in Dubuque where he works for a newspaper. Forrey intends to live with her son Rev Louis Forrey in Minneapolis where he serves as chaplain for the Newman Club at the University of Minnesota. Rentals arranged by Wait and Wagner Co. Co N Van Hook will operate a doughnut shop at 406 Third Avenue SE and rents 1537 C Avenue NE from Frank L Buser with possession August 10, coming from Danville, J. Also Hedges Co rents 807 Fourteenth Street NE from Buser to Mrs Fleda McMurrin of Anamosa.

Anna K. Forrey Second Avenue SE Cedar Rapids Payson Berg Dubuque Berg Bergs Forrey Louis Forrey Minneapolis Newman Club University of Minnesota Wait and Wagner Company. Co. N Frank L. Buser Fleda McMurrin Anamosa

Not Very Promising Outlook for Federal Finances

The New York Times notes that a national income rising to 80 billion present-day dollars would realign to over 95 billion in 1929 prices, suggesting a 15 percent rise even in a boom year. The piece warns that waiting for such a figure to balance federal finances yields an unpromising outlook.

The New York Times

Statement Of The Condition Of UNITED STATE BANK

A distorted bank balance sheet lists assets and liabilities with figures in dollars, including securities and bonds guaranteed by government, deposits, capital stock, surplus, and undivided profits. Key names include Frank Welch, W. Warriner, and Wm. Rinderknecht Jr, with signatures of bank officers and notary. The document dates to Iowa Linn County, Cedar Rapids area, showing total resources and liabilities despite unclear OCR details.

U, & Govcritiens Iowan Cedar Rapids Linn A. D Eighadead Vonnr An Scoudes Cosph United RS Warne Eft Wis Terires Alus Stoc U. S Welch Pant Uce Huston T. R. Warrlter Wm. Rinderknecht Eve Vin F Stepanek Brett Dishong Frank O. Mekotn State of Iowa Linn County le Prochoska Ta & Pochobradaky, Jr P. Kannk Charlies King Georne Wt LrAhos

Also Mentioned on This Page

Navy Thurman Arnold Antitrust Division Justice Department Monopoly Committee Joseph Raftis Twelfth Street Frank Joens Third Street N. P. Dodge Corporation M Street Co. W. Meek First Avenue City of A Avenue NW G. S. Izer Fourth Street C. Hansen L Street C. R. Cozart R. L. Gardiner Longwood Drive Belly van Velkenburg Fruitland Boulevard George Merrill Seventh Avenue M. C. Myers Second Avenue A. Manwiller Madison Street Robert McIntyre Gwendolyn Drive W. J. Nemecek Thirty Third Street Joe Veshek H. L. Larson Laura Kyoch Thirtieth Street Stella Gray C Avenue NE Morton Lemmon Tenth Street NW Ed Sheehy, Jr Linden Drive Wes Mras Camburncourt Robert J Miller B Avenue NE Robert J. Miller B Avenue K.N. Shields Joseph Kushner Second Ae C. J. C. Reynolds Coldstream Avenue Joe Buresi N Street Thomas Fontana Eleventh Street NW Frank Challed W. L. Cone Third Avenue Darling Agency E. Cohn & Sons St. Ave Sa ‘Street Brocks Penick & Ford Wool Market DOW Jones Ind R Wits i Owen Diigh Associated Press Maryland Tee Ae New England Nor Air Trustee Ltd Asvete Ald Aviation Corporation U. S. Rubber Loft, Inc Peeene Edison Sune Sunshine Mines Eues Goms Chrysler Motors Willys Overland Celanese Corp U. S. Steel General Electric Jas. E. Bennett and Co W. H Jump Local Securities Iowa Securities Theanette Btatce Elec. Co Yeevene First Ve. Rolding Troosevelt Ory Iowa Elec Lt. & Pr. Co Town Elec Lit Pr. Co Eae Town Land & United Lt. & Hilde Iais United Bra United United Bt . Ry Maine Delaware Saace T. c Pr LaPlant Chorte Mir. Co Onis Unitec United Lt. & Ry Federal Reserve Board Corporation News Colgate - Palmolive - Peet Company International Nickel Pittsburgh Youngstown Chesapeake & Ohio Brooklyn Union Gas Chrysler Real Estate and Mortgage Reports Mercury Newcomer Rentals Peoples Savings Bank Nessa Locat United State Bank Prochabica Pochob Tartes Asst Cashi Dra Asa Gasnter FRANK_O. WELCH Iuaton Viceeteaftent Danile M Ervin Brett Dishong Merete A.m. Unase Jo, Bell, WM Crawford
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