Orders For Warships Boost Shipyard Demand
Warship orders totaling about 350 million dollars last week signaled strong naval build up with 24 ships planned. Meanwhile business indicators showed mixed gains including motor, carload, steel and electric power production, with retail warming in some lines and cautious wholesale buying easing. The AP index held steady at 83.3, well above 1938 levels.
MENTIONED IN THIS ARTICLE
Wises (Ap
Navy
Tme
Chrysler
Briggs Manufacturng Company
Detroit
Commerce Department
Wayne Count
Michigan
Associated Press
Permits Granted Last Week For Dwellings And Garages
Local blog lists permit actions including new dwellings for Paul Brown and O H Lundquist, repairs and reroofs for several homeowners, and commercial remodels by Armstrong Realty. Amounts range from 8.8 to 6,000 dollars across addresses in SE SW NW NE and downtown areas.
MENTIONED IN THIS ARTICLE
Nellie I. Stone
Twenty Fifth Street
B. Hodin
N Street
Henry Lauber
Fourth Street
Perry Jayne
Higley Avenue
John Robertson
Seventh Avenue
Paul D. Brown
Fortieth Street
Avery G. Candle
Twentieth Avenue
Armstrong Realty Company
Third Avenue
Esther Olmsted
Second Avenue
J. G. Durna
Camburn Court
N. E. Barlow
First Street
G. M. Ritchie
Twelfth Street
R. D. Thomas
A Avenue
Mae Niles Melichar
E Avenue NW
J. C. Neal
Fourth Avenue
Adolph Prazak
Wildwood Drive
Jerry Libal
Dunreath Drive
M. S. Reeder
Thirty-third Street
E. J. Meade
Fifteenth Avenue
Markets At A Glance
Markets at a glance show stocks irregularly higher and trading quietly. U S government bonds and curb stocks move irregularly higher with foreign exchange mixed. Cotton futures firm as Chicago grains stay near steady. Silver falls about one sixteenth pence in London to 19 15 16 pence.
MENTIONED IN THIS ARTICLE
Sy United Press
U. S
Chicago
London
Local securities quotations risk notes from Cedar Rapids
A list of bond and stock prices across utilities and public services. Entries include Interstate Power Co, Iowa Public Service Co, Sioux City Gas and Electric, Waterloo Cedar Falls North Sioux, Central States Power, and Western Grocer Co. common stock with varying yields and price quotes. Readers are urged to contact the financial editor for issues not listed.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
BONDS
Interstate Power Co
Iowa Public Service Co
Ong Rotts
Owa Univ. Stadium
Sioux City Gas & Eleco
Waterloo
Cedar Falls
North
Soaps Mae
Entral States Pr
Lt. Corp. McLae Oe Te
Supern Utilities Co
Estern Grocer Co
Sell Duplex And Five One Family Dwellings
Mrs. Adelka Crane purchases the duplex at 821-823 Fourteenth Street SE through Tait and Wagner Company. The agency also sold a Vernon Heights lot to Mrs. Lela I. Derby and multiple other homes including 724 Seventh Street SW and 928 N Street NW, with sales involving the Home Owners Loan Corporation and other buyers.
MENTIONED IN THIS ARTICLE
Adelka Crane
Second Street
Fourteenth Street
Bert Aston
Oklahoma City
Okla
Tait and .’Agner Company
Seventh Street
Harry Gneier
E Avenue NW
Lester Spicer
H. N. Hammond
Elmhurst
Ill
The
Home Owners Loan Corporation
Tait and Wagner Company
White’s Business Exchange
R. E. Wood
Owls Lease Private Club Room in Ford Trust Estate
The building at 316 Second Avenue SE in the Leo M. Ford trust estate was rented to The Owls for a private club room. The lease was negotiated through Fred E. Collard and Company.
MENTIONED IN THIS ARTICLE
Second Avenue SE
Leo M. Ford Trust
The
Owls
Fred E. Collard and Company
Wheat closes slightly lower in dull session
Wheat ended modestly lower after a narrow trading range on the Chicago Board of Trade. Corn and oats followed the same soft trend amid a quiet market, with soybeans finishing mixed and weather notes pointing to limited moisture in parts of North Dakota and Canada.
MENTIONED IN THIS ARTICLE
Chicago
INS
Board of Trade
North Dakota
Canada
Germany
Liverpool
Winnipeg
Winnipeg Market Wheat and Chicago Cash Provisions Summary
Winnipeg market reports show July wheat at 64 to 66 cents with October bids near 65 to 66 cents. Chicago cash prices list No 2 yellow hard wheat around 80 to 84 cents and corn No 1 at about 52 to 54 cents, oats No 2 around 41 to 50 cents, barley making 50 to 55 cents, and soybeans No 2 around 92 cents with dry prices near $6.30.
MENTIONED IN THIS ARTICLE
Winnipeg
Chicago
Minneapolis Wheat and Corn Prices on Saturday
Wheat receipts reached 382 cars, down from 42 a year ago. Quoted No 1 hard Montana and dark northern grades varied from 79 to 88 cents. Corn No 3 yellow quoted at 46 3/4 to 48 1/4 cents, 3 cent lower. Oats No 3 white offered at 30 to 32 4/4 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Chicago Produce Markets Report
Chicago AP reports butter receipts at 1,611,300 with prices around 24 to 24.2 cents per pound and eggs at 33,723 on steady demand for extra firsts at 15 1/2 cents. Potatoes show light stock with California long whites at 1.90 per cwt and Idaho russets weaker with No. 1 Burbanks at 1.25 to 1.35.
MENTIONED IN THIS ARTICLE
Chicago
U. S
California
Louisiana Bliss
Allabama Bliss
Idaho
New York Produce Market Cheese Prices and Receipts
New York cheese receipts total 1,188,733 with steady to firm market. creamery goods show higher than extra at 24 percent. Firsts average 19 seconds to 16 percent, middles 14 cents, dirties 14 1/4 cents. Cheese receipts overall 123,031 with prices unchanged.
MENTIONED IN THIS ARTICLE
New York
Reyes
Chicago grain quotations furnished by Lamson Brothers
Lamson Brothers and company provide Chicago grain quotations. H. R. Mowrey is manager, with a Cedar Rapids office at 503 Merchants National Bank building. Contact phone 2-3141.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Week's Most Active Stocks On the New York Exchange
The week saw selective gains in several issues while the general list lagged. Investors awaited Briggs strike settlement and talks with Washington officials as idle funds and easy money fed upturns in standout stocks. The article lists the 12 most active stocks with varied performance.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Washington
Vite and Vitamin D Details From Ol' Doc Brady
A health piece extols vite a state of vigor from small vitamin intake. It discusses vitamins A through E, with emphasis on D B C and G, notes shortages from modern processing, and explains cod liver oil and uv light synthesis of vitamin D. It urges calcium intake, wheat germ use, and daily vitamin supplementation for better health and skin.
MENTIONED IN THIS ARTICLE
Henry C. Sherman
E. V. McCollum
Food, Nutrition and Health
Ol’ Doc Brady
Brady
Prof. McCollum
Nina Simmonds
Carnation directors declare quarterly dividends
The Carnation company board set a regular quarterly dividend of 1.25 dollars per share on the first preferred stock and 0.50 dollars per share on common stock. Both payments are due July 1 to holders of record as of June 17, announced by president E. H. Stuart who said the dividends are fully earned.
MENTIONED IN THIS ARTICLE
Chicago
Carnation Company
E. H. Stuart
Summer Resort Development Begins on Maquoketa River
Work has started on the first summer cottage at a new recreation resort on the Maquoketa River two miles northwest of Manchester. George Robert, a local barber, owns the five acre site known as the Quaker Mill grounds and plans multiple cottages with modern utilities. Wayne A. Dutton is building the first cottage, with a second planned within two weeks and a third later. Bert Friebel handles water and sewage, and the property has been fenced with a south entrance.
MENTIONED IN THIS ARTICLE
Manchester
George Robert
Maquoketa River
Quaker Mill
Hubert Carr
Joseph Hutchinson
Roberts
Wayne A. Dutton
Bert Friebel
Otto Shedek Buys Local Beauty Shop
Sale of Madame Mae's Beauty Shop in the Roosevelt hotel to Otto Shedek of Oxford Junction, vice president of the Iowa State Cosmetologists and Hairdressers Association, was completed last week. Shedek operates beauty shops in Oxford Junction and Anamosa and took possession June 1. Mae Fiala remains as manager for now.
MENTIONED IN THIS ARTICLE
Madame Mae
Roosevelt Hotel
Otto Shedek
Oxford Junction
Iowa State Cosmetologists and Hairdressers Association
Shedek
Anamosa
Mae Fiala
Bank Clearings Dip In Cedar Rapids Week Ended June 3
Memorial Day observance trimmed bank clearings in Cedar Rapids last week. For the week ending June 3 totals reached 1 072 765.64 dollars, down from 1 316 239.54 the prior week. The year ago week ending June 4, 1938, was 1 098 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Mrs Lena Hamer buys house and farm parcels
Mrs Lena Hamer purchased a house at 1317 Sixth Street NW from Joseph Maxa of 311 Second Street SW, via George P. Witwer and Company. The firm also negotiated an 80 acre farm near Walker for Hattie Webber, part overflow ground, previously owned by Leo Butterfield, sold for 3200 dollars.
MENTIONED IN THIS ARTICLE
Lena Hamer
Sixth Street
Joseph Maxa
Second Street
George P. Witwer and Company
Walker
Hattie Webber
Leo Butterfield
Beeson Couple Buy Hillside Acreage Home on Second Street
Mr and Mrs Harry Beeson purchase 423 Second Street SW from Alfred Peterson 210 Fifth Street SW. Sale arranged through local realtor O P Myers.
MENTIONED IN THIS ARTICLE
Harry Beeson
Hillside Drive
Second Street
Alfred Peterson
Fifth Street
O. P. Myers
Mohr Sells Meat Market Interest at Oxford Junction
Emil Mohr has sold his stake in the meat market at Oxford Junction to his brother Albert Mohr and will return to Lost Nation with Mrs. Mohr. They moved to Oxford Junction this spring.
MENTIONED IN THIS ARTICLE
Lost Nation
Emil Mohr
Oxford Junction
Albert Mohr
Smelter Prices For Delivered Metals In New York
Prices for Saturday delivered metals across key markets include copper electrolytic 10.14 to 10.19 cents per pound with port and lake variations, lead around 4.60 to 4.80, zinc near 4.50 to 4.84, aluminum virgin 20 to 21 cents, antimony at 12, and Quicksilver about 85 to 87 dollars per 76 pound flask.
MENTIONED IN THIS ARTICLE
New York
F.O.B
Lake
East St. Louis
Railroads Paid Hefty Taxes vs Fuel in 1938
The Association of American Railroads reports railroads paid nearly 100 million dollars more in taxes in 1938 than their fuel costs to operate trains.
MENTIONED IN THIS ARTICLE
Washington
Association of American Railroads
Mixed Livestock Prices Hold Steady in Chicago Trade
Hog receipts around 100 with steady demand on a small supply. Barrows and gilts mainly 190-230 lb at 6.60 to 6.70, some near 6.15 for 300 lb plus. Cattle receipts about 100 with steers mostly steady to 25c lower, bulls up 26c, cows 10-15c down. calves none. Lambs and sheep weak to lower with slaughter off and buyers cautious. Overall, market features mixed firmness in hogs, softer cattle and lighter lamb demand in Chicago.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept. Agriculture
Stock Market Edges Forward Amid Sparse Saturday Volume
The market advanced marginally on light Saturday turnover of 180 000 shares. Gains appeared in steel, Manhattan railway issues, and some large producers, while aviations and rails weakened. Traders noted limited price-making news and ongoing weekend exodus, with bonds firm and cotton prices rising sharply.
MENTIONED IN THIS ARTICLE
York
INS
Wall Street
Pittsburgh
Chicago
Manhattan
U. S. Circuit Court of Appeals
Motors
Chrysler
General Motors
Bethlehem
U. S. Steel
Navy Department
Youngstown
Cerro de Pasco
Union Carbide
Liggett and Myers
B.” Eg Can
Eastman Koak
Congress
Trends of Business June 3, 1939 General Business
Canadian carloadings for the week ended May 27 total 41 572, down from 47 081 prior week and up from 40 550 a year ago. May construction awards reach 252 992 000, the highest May since 1930 and the best month this year besides January, up 5 percent from April and 38 percent from a year ago. Federal Reserve reports week ended May 27 show department store sales 8 percent above a year ago. Corporate results include American Gas and Electric Co. 12 months to April 30 net income 12 742 849 or 2 36 a share. Chicago Yellow Cab 46 045 profit. Cities Service 2 559 508. Eastern Air Lines May revenue passengers 19 271, up 37 percent. miles flown 7 780 160, up 37 percent. Empire Gas and Fuel 468 321. Pacific Telephone and Telegraph five months gain 35 446. Thompson Starrett 146 185 net loss.
MENTIONED IN THIS ARTICLE
Engineering News-Record
Federal Reserve Board
Corporation News
American Gas and Electric Co
Chicago Yellow Cab Co
Cities Service Co
Eastern Air Lines, Inc
Empire Gas and Fuel Co
Pacific Telephone and Telegraph Co
Thompson-Starrett Co., Inc
Walter couple buy property on First avenue south
Mr. and Mrs. Emil Walter have purchased the property on First avenue south formerly owned by Mrs. Eleanor Locke. They plan extensive improvements.
MENTIONED IN THIS ARTICLE
Mount Vernon
Emil Walter
First Avenue South
Eleanor Locke
Rents rear 42 Second Avenue SE for service HQ
L Hess rents the rear business location at 42 Second Avenue SE for commercial refrigeration service. The property, owned by R W Maxson, is leased through Tait and Wagner company.
MENTIONED IN THIS ARTICLE
L. Hess
Second Avenue SE
R. W. Maxson
Tait and Wagner Company
Also Mentioned on This Page
Thomas E. Flanagan
Istant
Edison
Local Securities
Iowa Securities
Mtral
Ve. Holding
Roosevelt
Owa
Elect. & R. Co
Land Ldg
Delaware
Elec. Co
Sleecooom Reinsurance
Elec National Oatstate Mfg. Co
Cash Grain
Rts
Maryland
New England
PR Nor Ae
Rustee Siee
Inc
U. S. Rubber
U. S. Realty
Chrysler Motors
Otal
Greyhound Corps
Schulte
Bethlehem Steel
Montgomery Ward
National
Jas. E. Bennett & Co
Nat'l. Bank
W. H. Jump
Res. Gr
Personal Health Service
William Brady, M. D
Beesons
Metals Markets
Chicago Livestock
Joseph Kushner and
United Press
General Business
Walters
Lo Pated
C. V. Shepherd Agency
National Life Insurance Co
Montpeter
Dows
Jows
Robert O. Bickel
C.L.A
Edwin C. Evans
John B. Heider
Fred C. Wodl
Gram
Ira R
Brooks King Crown Plaster Co
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