Business Advances as Analysts See Summer Cheer in Week
Analysts note brisk activity across sectors in the week, with speedier motor output and rail carloadings while rain slows retail. Scrap steel prices firming hints at higher production. construction outlays expand and bank loans rise. Industrial activity indices improve with power, rail, and manufacturing gains led by motor output.
MENTIONED IN THIS ARTICLE
San
W Cesta
Chrysler
Wayne County
Michigan
New York
Commerce Department
United States
Associated Press
American Iron and Steel Institute
Association of American Railroads
Edison Electric Institute
Wall Street
Chicago
Pittsburgh
Youngstown
Local Securities and Utilities Prices Report
A compact list of stocks and preferreds with prices and yields from multiple utilities and metals sectors. Entries include Central States, Interstate Power, Southern Utilities, Missouri Grocer, Western Queser, and Towa University related entities with varied percentages and par values.
MENTIONED IN THIS ARTICLE
Wa Puce 8
Public Service Cee
Jews Public ‘Service Co. Siete
Lowe Feuineen
Ihe
Beries
Ntrel States
Ite
Tedes
Towa Southern
Withvtew
Aeat
Tow
Central States
Fr. A
Lt. Corp
Binterstate Power
Alee
Piaia
Southern Uirtines" “Co
Utiilites
Emera Grocer
Eeser Co
Wheat Prices Give Ground on Chicago Saturday Trade
Wheat prices declined on the Chicago board of trade with losses of 1 to 1½ cents per bushel amid cooling demand and favorable weather. Corn and oats rose modestly while soybeans fell, with rains in the northwest and dry heat in the southwest contrasting across the crop belt.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago Board of Trade
North American
Southwest
North Dakota
Montana
Canada
Liverpool
Winnipeg
Kansas City
Metal markets report from New York delivers mixed commodity prices
Saturday prices show copper electrolytic and tin markets with varying notes and a tin quotation, aluminum and antimony figures, and quicksilver priced per flask. The report lists delivered and refined prices for copper and aluminum with regional references and mentions flasks of mercury at a high per unit.
MENTIONED IN THIS ARTICLE
New York
York
Agaek
Yast St
East St. Louis
Virgin
Permits Issued For Homes And Remodels In Local Week
Local week permits show numerous residential projects including new dwellings at 1017 B avenue NW 2100 L street SW 111 Dawley street NE and 1613 Center street NE plus remodels and reroofs across addresses such as 522 Ninth street SW 214 Highland drive NW and 705 Sixth street SW. Commercial permit issued to S S Kresge company for reroof and Standard Oil for a new service station. Totals span small dwellings to multi thousand dollar constructions.
MENTIONED IN THIS ARTICLE
Lillian E. Bell
Ninth Street
E. Mae Schmidt
B Avenue
Mary Elizabeth Costello
Dawley Street
L. M. Shelton
Highland Drive
Louis Jakoubek
Otis Road
John Ernberger
L Street
Cold Stream Farms
Twelfth Street
Anton Nemec
Mt. Vernon Road
A. Russell
Sixteenth Street
Ernest Kosek
Second Street
Mrs. P. Gatto
First Avenue
F. W. Melsh
Nineteenth Street
R. W. Drenkhahn
D Avenue
Ely Charlier
Seventh Street
Lena Parke
Daniels Street
Amelia and
Louise Schroeder
Frank Cooper
Center Street
E. W. Switzer
Sixth Street
Park Avenue Realty Company
Washington Avenue
Thomas Boone
Fifth Avenue
Frank Novotny
Third Street
Frank L. Buser
E Avenue
Delia Newland
John Creighton
Tenth Street
S. S. Kresge Company
Co. J. Wendel
Leonard Welch
Ed Dvorak
Johnson Avenue NW
N. Tagelman
D Avenue NW
Ben Currell
Oakland Road
Paul Strain
Third Avenue SE
L. E. DeVore
B Avenue NW
M. Dmitrok
Eleventh Avenue SE
New Commercial
Ed Clemons
Twentieth Avenue SW
New Dwelling
Light Company Buys Three Houses on First Street SW
Sale of three houses on First street SW to the Iowa Electric Light and Power company has closed through the Hedges company. The properties at 405 and 405% First street SW and 409 First street SW, formerly Cedar Rapids Building and Loan holdings and Miss Hannah Stultz property, will be held for rental.
MENTIONED IN THIS ARTICLE
First Street
Iowa Electric Light and Power Company
Hedges Company
Cedar Rapids Building and Loan Company
Hannah Stultz
Eighth Avenue
New York Produce Receipts Mixed As Market Holds Steady
AP reports New York produce receipts show irregular and mixed colors with some higher dairy creamery prices. Figures indicate varied quality categories with extra fancy and standards trading near steady levels while E Receipts and overall prices remain largely unchanged.
MENTIONED IN THIS ARTICLE
New York
Ipta Creamery
Chicago grain quotations from Lamson Brothers office
Furnished by Lamson Brothers and Semnens with H R Mowrey as manager. Cedar Rapids office located at 503 Merchants National Bank building. Includes quotations for Chicago grain.
MENTIONED IN THIS ARTICLE
Chicago
Lamson Brothers and
Semnens
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Rabies Controversy and Medical Opinion
A medical observer argues that rabies diagnoses rely on opinion, not fact, citing three cases where health authorities or authorities misdiagnosed rabies. He questions the role of bias and insurance incentives in official conclusions and recalls Pasteur’s hens to challenge cold exposure as immunity.
MENTIONED IN THIS ARTICLE
Boyd
Preventive Medicine
Health Department
Kentucky
Pasteur
Louis Pasteur
Fewl
Standard Oil Men Observe Company's S0th Anniversary
Cedar Rapids and Davenport division employees and families join in a large picnic at the Mississippi Valley fair grounds to mark Standard Oil of Indiana's fiftieth anniversary. The event echoes the 1889 incorporation at Whiting and highlights the company's growth to a worldwide refinery network and 2,000 plus products served to millions in Iowa and 13 other states.
MENTIONED IN THIS ARTICLE
Standard Oil Company of
Cedar Rapids
Davenport
Mississippi Valley Fair Grounds
F. J. Jennings
Lee Thomas
Earl Meskimen
Ed Sedlacek
Paul Kraus
Frank Vrba
W. W. Smith
Art Schmidt
John Vaughn
Whiting
Ind
West
Standard Oil Company
Iowa
Standard Oil
Indiana
Burton
Real Estate And Mortgage Reports Linn County June Conveyances
Conveyances and mortgages recorded in Linn County for June 9 to June 15 are 55 conveyances and 55 mortgages totaling 101933.66 dollars. Compared with last year the week had 50 conveyances and 31 mortgages totaling 65320 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Mortgaiges Aggregate
Predict Small Crop Of Early Ohio Potatoes
Early Irish potato crop appears smallest in years. U S Department figures indicate Kansas Kentucky Maryland Missouri and Virginia may produce 9 452 000 bushels, down 21 percent from 1938 and 32 percent from the 1928-37 ten year average. Dry weather and deficient rain are blamed for the short outlook.
MENTIONED IN THIS ARTICLE
Chicago Packer
Bureau of Agricultural Economics
United States Department of Agriculture
Kansas
Kentucky
Maryland
Missouri
Virginia
Markets At A Glance By The United Prean
Stocks were firm and quiet while bonds were higher and quiet with mixed U S government issues. Curb and Chicago stocks edged higher irregularly. Foreign exchange eased slightly versus the dollar. Cotton futures remained firm. Wheat in Chicago held steady and corn rose about 4 cents. Silver fell to a new London low of 19 11 16 pence an ounce.
MENTIONED IN THIS ARTICLE
United Prean
U. S
Chicago
London
Market Closes Higher After Weekend Rally
New York stocks extended recovery on Saturday as gains from favorable Washington signals and favorable business news boosted prices. The market rose to session highs but trimmed some advances by close, reflecting a partial revival after the weeklong decline.
MENTIONED IN THIS ARTICLE
Washington
York
INS
Building activity and business changes in East Iowa towns
In Dysart Tama Benton Oil company builds a bulk gasoline plant with three 16 000 gallon tanks north of Tama Benton elevator. Sigourney sees George Leichti acquiring a clinic site and moving a building. Riverside sees Glenn Bouquet remodel a meat market. Wall Street closes modestly higher amid light volume and cautious trading. steel and construction shares lead gains as U S Gypsum and American Radiator rise.
MENTIONED IN THIS ARTICLE
Dysart
Tama-Benton Oil Company
George Lee
Howard Barnes
Merb Thompson
Rock Island Railroad
Sigourney
George Leichli
J. L. Doyle
Mr. Leichti
Ray
Riverside
Glenn Bouquet
Heis
U. S
F W. Dodge Corp
Rude Auto expands by leasing ground for used car lot
Rude Auto Company will double its used car space at Third avenue SE after leasing the 516 and 518 Third avenue SE sites from Mary Woll ishele. The move accompanies ongoing growth of Ford Mercury and Lincoln Zephyr sales from the new showroom at 511 Second avenue SE, while 512-514 Third avenue SE remains the ongoing used car lot. The Woitishek family owned the leased property for forty years, originally purchased by Joseph Woitishek, with Dr F J Woitishek once living on the current lot. Schultz Cleaners previously occupied 516 Third avenue SE and 518 Third avenue SE housed Henry G Metge, barber.
MENTIONED IN THIS ARTICLE
Third Avenue SE
Rude Auto Company
Mary Wollishele
B Avenue NE
Second Avenue SE
Woitishek
Joseph Woitishek
Mary
Anna Woitishek
F. J. Woitishek
Schultz Cleaners
Henry G. Metge, Barber
Bank clearings rise in Cedar Rapids on hot week
Cedar Rapids Clear ing House reports $1 332 621 89 cleared by local banks for the week ending June 17. The following week total was $1 275 889 77, compared with $1 110 263 50 for the same week in 1938 ending June 18.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Oelwein Schools Aim for July Completion
Cedar Rapids architect Charles B. Zalesky says junior high and grade school plans in Oelwein will be finished early in July with bids planned for mid July. The junior high will be funded by a 100000 dollar bond issue while a PWA grant is sought for the grade school.
MENTIONED IN THIS ARTICLE
Charles B. Zalesky
Cedar Rapids
Oelwein
PWA
Russell Ice Cream Co Builds Storage Unit
The Russell Ice Cream company has set a contract with Morehead Frederikson for construction of a one story and basement storage building at 608 Second Street NW. The structure will be of waysite block with a concrete foundation and will be built as soon as existing structures on the site are removed.
MENTIONED IN THIS ARTICLE
The
Russell Ice Cream Company
Morehead- Frederikson Company
Second Street
Week's Most Active Stocks Faces War Scare Decline
New York stocks opened strong then paused as midweek abroad events sparked a war scare. Short covering at close was limited and did not reverse the mood. Prognosticators split on whether a decline was merely beginning or a natural recession. Top 12 active stocks' range given.
MENTIONED IN THIS ARTICLE
New York
Finney and Craven Join Cedar Rapids Real Estate Board
John B. Finney and J Frank Craven have taken firm memberships on the Cedar Rapids Real Estate board. The appointments strengthen the local property trade group and expand leadership in the region's housing market.
MENTIONED IN THIS ARTICLE
John B. Finney
J. Frank Craven
Cedar Rapids Real Estate Board
Also Mentioned on This Page
Thomas E. Flanagan
Local Securities
Iowa Securities
the Gazette
Ntral States Flee. Co
Weerst Ave
Hoelie
Roosevel Hotel
Elec. Co
Elec
Lt. & Pr. Co
Ar Co
Land & Ride
Serin Fang United
Gia Isa
United
Centra States
Lec Co
Oex
Central
Tates
Inter-Ocean
Com- Towa
Elec Co
Oes Lablant-Chosie Mfz. Co
Nationa United St. Oats Sommon Nee & Hy
United Lt
Ca&h
Minneapolis
Porate Trust
Maryland Fund Ass. Invest
Thas
New England Fund
Nor Am Tr
Am Bh Inc
Steees
Oll
Light Company
DOW Jones
Williamsburg
New Town Hall
Public Library Board
Personal Health Service
William Brady, M. D
Real Estate and Mortgage Reports
Ohio
Spur
House
Ways and
Federal Reserve
Marriner S. Eccles
Britain
Japan
Far East
American Telephone
Federal Communications Commission
American Smelting
Westinghouse
Union Carbide
Montgomery Ward
Russell Ice Cream CO
Enews
Loft, Inc
Chrysler Motors
U.S. Steel
General Motors
General Electric
Eawe
Engineers P. Service
Cluett Peabody Owenson
Columbia Gas Serene
Republic Steel See
Radio Corporation
Anaconda
Jas. E. Bennett & Co
W. H. Jump
Res. Mgr
Joseph Kushner
Second Street SE