Production And Retail Gain Across Nation In Busy Week
Production and retail sectors show strong week on week gains as defense spending drives factory payrolls. Stock averages rise to highest levels since early April with 60 issue index at 41.50 and broad gains in auto sales and home furnishings. Labor resolutions and government action reduce production disruptions, while railway freight loadings rise 21.3 percent from a year earlier.
MENTIONED IN THIS ARTICLE
New York
the Gazette
North American Aviation
Inglewood
Calif
Aluminum Company of America
Markets Chicago Produce Wrapup
Chicago produce market news shows no sales in poultry while butter and eggs list receipts and firm markets. Cheese prices and potato shipments are noted with regional varieties and prices. futures data cover butter storage standards and Dow Jones averages with stock performance and volume.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Idaho Tusset Burbanks
California
Alabama
Mbliss
Louisiana
Bliss Trumphs
Mississippi
Wheat prices fall wiping out Friday gains in Chicago market
Wheat prices dropped two cents per bushel in the short Saturday session erasing Friday's gains and leaving a net weekly loss. Traders cited profit taking and hedge placement, with weakness at Minneapolis and Kansas City not fully confirming outside buying. Illinois farmers faced chinch bug warnings as rains expected to ease the threat and corn loan stocks stood at 101,937,017 bushels as of June 7.
MENTIONED IN THIS ARTICLE
Chicago
Minneapolis
Kansas City
Illinois
Winniet Market Close Wheat and Commodities Prices
Chicago cash provisions show mixed Wheat prices with No. 4 dark hard at 1.0074 and No. 2 red at 1.0214. Corn and Oats quoted with multiple grades and sample values. Soybeans around 1.3850 to 1.40. Arley feed and lard rates listed. U.S. petroleum consumption in 1940 averaged 425 gallons per person, up 10 percent from 1939.
MENTIONED IN THIS ARTICLE
Chicago
United States
Iowa State Government Set for July 1 Changeover
Capitol Currents notes a shift in Iowa state boards with Wilson loyalists to hold most seats after July 1. Several commissioners shift partisan balance. only Clark son remains a Democratic head. The piece also recalls a misspelled lexicon in the Forty-ninth act and a “fresh pursuit” provision allowing interstate police chases into Iowa.
MENTIONED IN THIS ARTICLE
Forty-ninth
Iowa
District of Columbia
Washington
Untried Strength of U. S. Army Like That Of Ball Team Which Hasn't Played A Game
Thomas M. Johnson compares the expanding U S Army to a new baseball team lacking game experience. The article outlines nationwide field maneuvers through autumn, forming four field armies, and a series of 14 exercises across ten states to weld regulars, guards, and trainees into a unified force with modernized units and armored divisions.
MENTIONED IN THIS ARTICLE
U. S. Army
Ron
U. S
Army Maneuvers Slow to Realism and Cohesion
The force of 1,418,000 men undergoes training as 550,000 learn teamwork while 800,000 remain in basic drills. Anti-aircraft and anti-tank guns train alongside bombers, yet only about one third gain practical integration. By autumn the army reveals its potential shape, but full understanding will take months beyond winter and likely into next summer.
MENTIONED IN THIS ARTICLE
Tennessee
France
Balkans
Europe
Air Corps
Britain
Army
Cedar Rapids Bank Clearings Rise Above Last Year
Bank clearings in Cedar Rapids for the week ending June 14 totaled 1 459 605 51 dollars, ahead of the 1940 figure of 1 291 488 66 dollars for the week ending June 15. Last week’s total reached 1 775 930 20 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Chicago Livestock Market Report Summary
Hog receipts show small marketable animals with steady to weak undertone, top hogs at $10.00 for 180-270 lb. butchers. Cattle receipts 100 with steady to higher feeder and steer values, top fed steers around $13.75 per 1,165 lb. bale, vealers up to $12.00. Sheep receipts none. lambs traded around $10.00 to $13.28 with most sales near $11.50 to $11.84.
MENTIONED IN THIS ARTICLE
Chicago
Grain Quotations From Chicago Market Ledger
Lamson Brothers and Company supply the Chicago grain quotations. H R Mowrey, manager, Cedar Rapids office at 503 Merchants National Bank building. contact via phone 2-3141 for current price data and market updates.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Stocks And Bonds Of Interest In Eastern Iowa
Prices range for recent transactions in eastern Iowa securities not to be construed as firm bids. For quotes on unlisted issues, contact The Gazette Financial Editor in Cedar Rapids Iowa.
MENTIONED IN THIS ARTICLE
Iowa
the Gazette
Cedar Rapids
The
Gazette
Linn County
Arizona Sun Triggers Tank Overflow on Hot Summer Days
In Phoenix, extreme heat prevents filling gas tanks beyond three quarters. The sun makes full tanks overflow by two to three gallons. Fire crews make about four calls daily during summer, draining overfull tanks and spraying pavements to avert fire hazards.
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Phoenix
Ariz
Arizona
Flushing Meadows to Become Large Public Park
Architectural Forum Magazine outlines plans converting the former ash dump and World's Fair site in New York into a major public park. The project estimates four million dollars over three years for an indoor ice rink and roller skating, six miles of bike paths, 31 miles of walks, a 12 thousand seat stadium, bird sanctuary, 12 baseball diamonds, 40 handball courts and 50 tennis courts.
MENTIONED IN THIS ARTICLE
New York
Flushing Meadows
Architectural Forum
Parachute Troops Test Automatic Ripcord Plan
U S Army parachute troops test a new automatic opening system. A line from the aircraft pulls the ripcord when the jumper reaches a safe distance and then detaches from the plane.
MENTIONED IN THIS ARTICLE
U. S. Army
Little Change Noted On N Y Bond Market
New York prices showed little change in the bond market on Saturday with a quiet two hour session. Government issues were mostly unchanged while several corporate issues edged up slightly or held steady amid light over the counter activity. Saturday's par value sales totaled 2,399,000 compared with 2,147,600 a week earlier.
MENTIONED IN THIS ARTICLE
New York
Goodrich
International Hydro Electric
International Telephone
Portland Gas
Texas Corp
Studebaker
Western Union
Laclede Gas
Loews
Southern Railway
Southern Pacific
Abitibi
Commercial MacKay
Cedar Rapids Markets Update From Mixed Commodities
The Cedar Rapids market lists prices for grains hay poultry fruits and vegetables with quotes on wheat oats corn soybeans and various produce items including lemons oranges grapefruits celery lettuce peas cabbage carrots and tomatoes. Livestock hides calves and horses show minor price details.
MENTIONED IN THIS ARTICLE
Esca
Idaho
California
Bow Mie
Markets At A Glance From United Press
Stocks were irregular and quiet while bonds and curb stocks showed uneven movement. Chicago stocks edged higher with mixed grains in the city showing wheat down a few cents and corn steady. Cotton futures rose up to 55 cents a bale and oil companies distributed about 150 million road maps in 1940 at a cost exceeding three million dollars.
MENTIONED IN THIS ARTICLE
The
United Press
Chicago
Wall Street Edges Down as Market Lacks Strong Support
Wall Street posted small declines with light pressure on most issues after a Friday reaction. Turnover ran 190 000 shares as gains appeared in Atlantic Gulf West Indian Armour and others while copper and oil shares drifted. Cotton and soybeans rose while the bond market stayed dull and mixed.
MENTIONED IN THIS ARTICLE
U. S
Robin Moor
Star
N& York
INS
Saturdan Telephone
Coca Cola
Eastman Kodak
Atlantic Gulf
West Indi
Public Service of
N. J
Montgomery Ward
Sears Roebuck
Hesser and Barta Join in Cedar Rapids Funeral Home
Frank W. Barta and Jay W. Hesser announce their association in operating the Barta Home for Funerals at 805 Fifth Avenue SE. Both are Linn county natives with long local ties including Barta's Cedar Rapids council and school board service and Hesser's 26 years in funeral directing plus wartime Navy service.
MENTIONED IN THIS ARTICLE
Frank W. Barta
Jay W. Hesser
Barta Home
Fifth Avenue SE
Mr. Barta
Mr. Hesser
Linn County
College Township
Central City
Barta
Third Street SE
Fifth Avenue
Cedar Rapids
Hesser
Clay Center
Neb
Coe College
Iola
Kan
Linn county Real Estate And Mortgage Reports June figures
Conveyances 61 and mortgages 31 were recorded in Linn county from June 6 through June 12. Mortgages totaled 163020. May comparisons show conveyances 214 in 1936 rising to 337 in 1941, with mortgages 116 in 1936 up to 208 in 1940 and 183 in 1941 and mortgage totals from 281965.45 to 604374.78 across years.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Spider Bite Fatal Claims Life Of Infant In Indiana
In Valparaiso Indiana six month old Larry Lee van Asdall son of Mr and Mrs Byron van Asdall died Saturday due to an infection from a spider bite. The tragedy was reported by United Press.
MENTIONED IN THIS ARTICLE
Valparaiso
Ind
Larry Lee van Asdall
Byron van Asdall
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