Warm weather boosts early 1938 retail sales report
The week saw general retail gains aided by milder weather while steel and car industries showed mixed signals. Steel usage hovered near 26 percent capacity with slight improvement, motors rose after Memorial Day but carloadings dipped, and electric power declined. Retail trade advanced in many areas though overall activity lagged behind 1937 levels, with Omaha and New Orleans up about eight percent and Dallas stores around par or above.
MENTIONED IN THIS ARTICLE
Wist Ss
Roosevelt
Pennsylvania Railroad Company
Pennsylvania
Ron and Steel Institute
Ward's
Commerce Department
Omaha
New Orleans
Dallas
Local blog reports permits issued last week various projects
Permits listed for numerous residents: Harrier new garage $248. Presler reroof $130. Schaad remodel $100. Robinson new residence $4,000. Grime remodel $100. Veley new garage $100. Wilson reside dwelling $300. Willson remodel $100. Brusha remodel $100. Petersen Baking remodel commercial $8,000. Witwer remodel commercial $500. Rocco remodel commercial $700. Robertson remodel house and garage $310. Frantz new garage $100. Hursh new shed $100. Tait Wagner reroof commercial $200. Elson reroof dwelling $110. Armstrong remodel dwelling $250. Slick reroof and reside dwelling $293. Benesh reroof and reside dwelling $400. Ravenscroft reroof and reside dwelling $400. Gilpatrick reroof dwelling $112. Block reside dwelling $100. Briles remodel dwelling $100. Ottley new garage $100. Scolaro reroof dwelling $175. Drapela new dwelling $4,000. Me-Too Grocery new commercial $500.
MENTIONED IN THIS ARTICLE
J. A. Harrier
Fourth Street
W. H. Presler
First Avenue E
Cc. B. Schaad
Twenty-fifth Street Drive
W. J. Robinson
Wildwood Drive
H. E. Grime
Eleventh Avenue
R. E. Veley
Bever Avenue
Albert Wilson
Third Street
J. L. Willson
Washington Avenue
Clara Brusha
Twenty-first Avenue
Petersen Baking Company
Sixth Avenue
Weaver Witwer
Augustine Rocco
Mount Vernon Avenue
John Robertson
Eighth Avenue
Hattie Frantz
Miss Hursh
First Avenue
Tait and Wagner
Paul Elson
Twelfth Street
Sam Armstrong
A Avenue
J. F. Slick
G Avenue NW
W. C. Benesh
Fifth Street
T. E. Ravenscroft
Fourth Avenue
Otto Gilpatrick
J. L. Block
Fruitland Safe
R. E. Briles
Elting Ottley
D Avenue
Mrs. A. Scolaro
Leon Drapela
Dalewood Avenue
Me-Too Grotery
Institute Official To Confer Awards On Study Club Men
Douglas C. Vaile of the American Savings and Loan Institute will be honored at a Tuesday dinner at the Montrose hotel by the Cedar Rapids Study club. He will confer six certificates for completing an Accounting I course to Hoadley Hynden Breslin Bennett Hiscrote and Howe Jr. The institute, affiliate of the United States Building and Loan league, has 48 chapters and 13 study clubs nationwide and conducts courses for savings and loan executives and employees.
MENTIONED IN THIS ARTICLE
Douglas C. Vaile
Chicago
American Savings and Loan Institute
Montrose Hotel
Cedar Rapids
Produce Markets EncaGa Produce Chicago AP
Butter receipts reach 846,955 lbs with varied grades and prices. Eggs at 15,242 receipts with steady prices. overall market mixed with solar quality differences. California White Rose stock and Tri umphs show fluctuating demand. overall tone: market slightly weaker for good quality stock and older stocks remain available.
MENTIONED IN THIS ARTICLE
encaGa
Chicago
Ileer
Uci
California
North Carolina
Southern
Aorta Carolina Obstere
Tdaito
Tusnet Warbanks
Su Pllck
Planning 4th of July Entertainment in Your Town
If you are planning special 4th of July entertainment in your town get the crowds there with a Want Ad in the Where to Go column. Advertisement.
Bristol engineer Fedden wins Guggenheim Medal speak at SAE event
H R Fedden chief engineer of the Bristol Aeroplane Company received the 1938 Daniel Guggenheim Medal for advancing aircraft engine design and the sleeve valve engine. The medal honors notable aeronautics achievements and is decided by nine directors from ASME SAE and the Institute of Aeronautical Sciences with international representation. Newspaper planes in Russia increasingly use air drops to deliver journals to remote villages.
MENTIONED IN THIS ARTICLE
H. R. Fedden
Bristol Aeroplane Company
England
Daniel Guggenheim
Society of Automotive Engineers
White Sulphur Springs
Fedden
American Society of Mechanical Engineers
Institute of the Aeronautical Sciences
France
Germany
Holland
Italy
Japan
Orville Wright
Ludwig Prandtl
F. W. Lanchester
Local Securities Price Range Notice
The following quotations are not firm bids but indicate price ranges of recent transactions. If you are interested in issues not quoted, write the financial editor at The Gazette Cedar Rapids Iowa for bonds.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Share Trading Dips to 20-Year Low on Saturday
New York markets nearly halted as trading volumes fell to 107,230 shares the smallest since August 3, 1918. The Associated Press average held at 39.1 with little movement, while a few rails and mining stocks stood out. Wheat surged to the daily limit and corn edged higher as commodities strengthened. Sterling rose to 4.97 dollars per ounce, the highest in a month.
MENTIONED IN THIS ARTICLE
New York
Associated Press
New York Exchange
New York Central
Southern Pacific
Great Northern
Northern Pacific
Johns Manville
Anaconda
Kenne
Markets At A Glance In Dull Trade And Mixed Moves
Stocks firm in dull trade. Bonds irregularly lower and quiet. Curb stocks irregular. Chicago stocks irregularly low. Foreign exchange strong relative to the dollar. Cotton futures up about 35 cents per bale. Grain in Chicago: Wheat up as much as 2 cents a bushel, corn fractionally higher. Silver unchanged in London at 19 pence an ounce.
MENTIONED IN THIS ARTICLE
Associated Prove
Chicago
London
Bank clearings rise in Cedar Rapids for second week
Cedar Rapids Clearing House reports six day totals to June 11 at 1,272,806.98, up from 1,098,726.51 for the prior week and above 1937’s 1,262,151.36 for the comparable period, indicating continuing improvement in local business.
MENTIONED IN THIS ARTICLE
Cedar Rapids Clearing House
South Warned Cotton Costs Must Be Lower
W L Clayton, a leading world cotton factor, warned at the Foreign Trade Association in Houston that the South faces a shrinking market as exports have fallen over 50 percent in a decade. He urged three steps: defend reciprocal trade, drop government cotton control except soil conservation, and produce better cotton at lower costs to attract foreign buyers. He warned that tariffs and farm acts have crippled ability to receive payment in kind and called for restoring free market flows.
MENTIONED IN THIS ARTICLE
Houston
Tex
W. L. Clayton
Clayton
Foreign Trade Association
Cedar Rapids Credit Association Picnic Held Monday
Members of the Cedar Rapids Credit Association will hold their annual picnic at 6 30 p m on Monday at Biederman's in Upper Palisades. Lee Murray serves as picnic committee chairman.
Wheat Futures Rally Pushes Chicago Prices Higher
Bullish crop news and outside market strength lifted wheat on Saturday. July futures reached 7.95 and closed up 4to 4 1/2 cents, with nearby bids at Kansas City and Minneapolis hitting the 5-cent limit. Oats, corn, rye moved higher while soybeans were steady.
MENTIONED IN THIS ARTICLE
Chicago
INS
Kansas City
Minneapolis
Winnipeg
Kansas
Oklahoma
Liverpool
North American markets rally as wheat gains surge
Early market action showed gains in wheat futures across North American exchanges after government forecasts, with Winnipeg prices spiking up to 43.00 per bushel. Foreign buyers placed orders for about 1,000,000 bushels for export, signaling strong demand amid the price jump.
MENTIONED IN THIS ARTICLE
Winnipeg
Also Mentioned on This Page
Steel and Car Industries
Thomas E. Flanagan
Ammares Wee Nor Amitry
Lee
M. S. Smith
THE
J. B. McGladrey Company
Certified Public Accountants
Burlington
Dayvenport
Iowa City
Aviation
Russia
Local Securities
Central Iowa
Central States Elec Co
Roosevelt Hotel
Elec
Pr. Co
Seriaces
United
Ween United
Rog & Ry
Lt. & Ry
Bia
Delaware
Central States Elec. Co
Interean Reinsurance Com
Pee Waar
T & Pr
T. de Br
LaPlant-Choate Mie. Co
Nationa
United St. United It & Ry Ae Steer Teee
Metals Market
Aoe Rere
Arata
Accon Ie
Uns
SV Se
South
Inter
Mr. Marshall
Cedar Rapids Pump & Supply CO
American Radiator & Standard Sanitary Products
Lamson Brothers & Co
Rowrey
Merchants National Bank
Ee Aes Eee
PoZeos Dee
E Eaea
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