Price Advance Carries Threat to Less Profit
By J. A. Livingston. After OPA lapse stocks fall while commodities rise, creating a nontraditional pattern. Inventories are low and production lags limit profit gains, threatening losses as prices for meat and metals surge. Inflation signals resemble 1919-20, prompting cautious stock market behavior and possible later declines.
MENTIONED IN THIS ARTICLE
Wall Street
Congress
OPA
U. S. Steel
Southern Pacific
General Motors
Ana Enaanta
Confidence and risks shift in postwar consumer markets
Consumers maintain tight inventories in beef and pork to guard against price rollbacks while businesses re-enter the market to stay competitive. Wall Street recalls 1919 20 volatility as stocks follow commodities, yet demand remains strong with rising credit sales and durable goods purchases despite price resistance.
MENTIONED IN THIS ARTICLE
OPA
Congress
Wall
City tax collections ahead of 1945 pace
Cedar Rapids City Treasurer Walter Miller said through July 1945 more than 61 percent of city taxes had been collected, an 11.7 percent gain over the same period in 1944. By July 1945, 49.6 percent of 1944 taxes were paid, with total receipts reaching $635,931.47, including $8,787.93 in July.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Walter Miller
Miller
Market Down Buyers Watch Price Control
Elmer C Walzer reports stock markets fell during the week as traders awaited price control fate. Dow Jones avg touched 200 71, ended 201.13, down 3.07. bonds dull. grains, hogs, cattle adjust to larger supplies. autos output up. steel and electricity up. D and B retail trade up 21-25 percent year over year.
MENTIONED IN THIS ARTICLE
New York
Dow-Jones
National
Allied Chemical
American Can
du Pont
Norfolk and Western
Atlantic Coast Line
Southern Pacific
Motors
Chrysler
General Motors
Dun and Bradstreet
Stocks and Bonds of Interest in Eastern Iowa
Eastern Iowa markets show varied price ranges for regional and national securities. Notable listings include Collins Radio General Public Utility Inter-Ocean and Town Electric firms with mixed bid and ask levels, plus entries for Quaker Oats Rath packing and Waterloo Cedar Falls firms, reflecting a broad spectrum of local investment activity.
MENTIONED IN THIS ARTICLE
Anderson-Pritchard
Cacom
Asso Gas & Elec Co
Central States Elec Co
Pldson
Central States
Elec Co
Aid Owass
Cherry-Burrell Co
Collins Radio
Collins Radio Nid
Curtis Company
Ae Fruchauf
Fruchauf
General Public Utility
Inter-Oceaan Reinsurance
inter-Ocean Securities Corp
Inter-Ocean Scour Corp
Interstate Pr Co
Town Elec Co
Towa Elec
Elec
Town
Iowa Public Service Co
Iowa Soap Co
Dearer
LaPlant-Choate Co Co
Link-Belt Co
Lows Hell Lumber Co
Mid-Continent Air Lines
National City Lines
National Onts
Penick & Ford Ltd Inc
Quaker Oats Co
Rath Packing Co
Sioux City Gas& Elec
United Light & Railways
United Lt & Rys Co
Waterloo
Cedar Falls & Nor
Hvaterion
Cedar Falls & Nor Inc
Wilson & Go
Wilson & Co
Viking
Plan Lets Civilians Buy Planes on Installment Plan
Aviation pioneers announce a new Universal C I T Credit plan enabling civilian flyers to purchase insured planes with financing. A sample offer cites 3000 dollar aircraft with 1000 dollar down and up to 24 monthly payments including insurance. The plan also covers bail bonds up to 5000 dollars if arrested for aviation law violations or accident-related charges.
MENTIONED IN THIS ARTICLE
Army
Navy
G. L. Utterback
Universal C.I.T. Credit Corporation
Utterback
Universal C.I.T
Northwestern Mutual Men to Milwaukee Milwaukee conference trip
R H Pickford general agent for Northwestern Mutual Life Insurance left Saturday for Milwaukee to attend a three day educational conference for all agents. Neil Montgomery Charles Filipi Vernon E White R H Pickford Jr Richard K Jenkins and Elmer Bergman cashier also depart for the meetings. They all return Wednesday evening.
MENTIONED IN THIS ARTICLE
R. H. Pickford
Northwestern Mutual Life Insurance Company
Milwaukee
Neil Montgomery
Charles Filipi
Vernon E. White
R. H. Pickford, Jr
Richard K. Jenkins
Elmer Bergman
Barber Beauty Shop Open House at 111 Second Ave SE
Stan's Beauty and Barber shop will hold an open house from 8 a.m. to 9 p.m. Monday at 111 Second Avenue SE. The site was formerly Russell's Barber Supply. Stanley Smith is the proprietor.
MENTIONED IN THIS ARTICLE
Stan’s Beauty and Barber Shop
Second Avenue SE
Russell's Barber Supply
Stanley Smith
Cedar Rapids Bank Clearings Top Three Million
Bank clearings in Cedar Rapids last week rose above three million dollars, totaling 3,237,726.18 on July 20 per the Clearing House report. The prior year week stood at 2,265,672.18 and the week ended July 13 registered 2,881,933.24.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Clearing House
Robbins Buys Miller's Appliance Shop Interest
Lewis F. Robbins has bought Randall A. Miller's share in the Robbins and Miller Home Appliance store at 325 Second Avenue SE. The business remains under the same name and policies, with plans to double showroom space by expanding to the rear next month. Miller returns to the South to join a Miami nut brokerage venture with Ted Nesper, and the couple resides at 1256 Second Avenue SE.
MENTIONED IN THIS ARTICLE
Lewis F. Robbins
Randall A. Miller
Robbins and Miller
Second Avenue SE
Robbins
Miller
Megs
Miami
Fla
Ted Nesper
Cedar Rapids
Airlines To Boost Fire Safeguards
Washington reports the Civil Aeronautics Board will require all commercial airliners to add stronger fire safeguards following the Eastern Air Lines DC-3 crash near Florence South Carolina on September 7. The fire in the rear of the plane killed 19 passengers and three crew members, prompting a comprehensive safety study that may lead to broad regulatory changes influenced by the Reading Pennsylvania Trans World Airline Constellation disaster.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
Eastern Air Lines
Florence
S. C
Ito
Lockheed Constellation
Reading
Women Work To Eat Just Like Menfolk
The Labor Department's Women's Bureau reports women work mainly to eat and support themselves, not for interest in the job. It predicts 1950 will bring 28 women per 100 workers, with 13,000 surveyed showing eight in 100 motivated by job interest and 84 working for self and family needs.
MENTIONED IN THIS ARTICLE
Labor Department
Women’s Bureau
Milady
Colorado Peach Crop Totals Near One Million Bushels
Palisade reports Colorado peach crop will total at least a million bushels this year, near the ten year average, trimmed by May freezes. Harvest begins mid August with shipments peaking late August. Mesa County Peach Board estimates about 6,000 extra pickers and 29 mortgages needed, with total mortgages around $109,565.27. Linn County conveyances and mortgages listed: 86 conveyances and 45 mortgages totaling $421,691.73.
MENTIONED IN THIS ARTICLE
Palisade
Colo
Colorado
Mesa County Peach Board of Control
Wee Coos
Credit Control Struggle May Outstrip Price Control Battle
YOASEINGTON AP A battle over consumer credit controls runs alongside price control fights. Fed officials say credit limits stay as long as goods are scarce and prices rising, to prevent inflation, while retailers banks and some lawmakers argue credit controls wasteful and keep mass production from rising. Anti control forces say easier lending would help buyers, especially veterans, but critics warn it benefits wealthier shoppers and may inflate prices.
MENTIONED IN THIS ARTICLE
Yoaseington
Federal Reserve Board
Federal Reserve
New Subs Face Bikini Atom Test
Three of Uncle Sam's newest submarines will join eight undersea craft in Bikini Lagoon for the next atomic blast. Crews remain aboard as they are fastened with concrete blocks to drag to the lagoon bottom. Rescue vessels will then drain ballast to sink them and recover survivors if needed.
MENTIONED IN THIS ARTICLE
Bikini Atoll
Uncle Sam
Bikini Lagoon
Cmdr
Lawrence D
Julian
Washington, D. GC
Crete
Also Mentioned on This Page
J. A. Livingston
Livingston
Federal Reverue Board
Superior Trailer Ofg. Corp
East
Georgia Street
Indianapolis
Ind
W. T. Sands
Second Street
Start
Liberty Furnace
Kenwood Fuel CO
J. F. McLaughlin
Tom McCauley
Personal Finance Co
2Nd Ave
Illinois Central
Mr. Stultz
F. J. Saunders
R. H. Miller
Fred Ellsworth
C. Poylick
A. L. Struhs
H. W. Kurth
Andy Nelson
Blanche Swatosh
L. Adams
Charles Perrill
J. B. Scriven
W. S. Giles
Pete Scaros
D. Skelley
Elmer C. Walzer
United Press Financial
Industrials
Montgomery Ward
Iowa
N.Y
Equitable Office
Commonwealth Southern
United Rexall
Packard Motor
United Corp
Columbia G
Seagrams Pereease Bib
Graham Paige
Radio Corp Eeereere A
James E. Bennett and Company
Merchants ‘Bank
William H. Jump
Northwestern Mutual
Iowa Electric Light & Power. Company
Iowa E Electric G
Inter Light & Wx
Stoc Central Ae Cates Electric Co
Interocean Reinsurance and Securities
Laplant Choate Mfg. CO
Ernest Kosek & CO
Merchants National Bank
Airlines
Frances Spatz
Yajashington
INS
Real Estate and Mortgage Reports
Linn County
Linn County Abstract Company
Intelligent Investing
Knapp and Company
Russell F. Knapp Lowell M. Taylor
Dial
Henry Gundling
Sam S. Johnson
Reserve Board
Life Insurance
American Mutual Life Insurance CO
R. M. Threlkeld, Sr
Merchants Bank
Friendly Loan Company
Ist
Hedges Company
Vernon Heights
East Side
First Avenue
Bever Park
the Hedges Company
Dows
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