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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 03, 1935

Page

7

Dun's Index Sees 41.1 Percent Rise From 1932 Low

New York wholesale prices for March 1 reach $176,806, the highest since May 1, 1930, with the meat group leading gains and dairy and garden prices dipping. Four of seven major categories rose, while grains stayed mostly flat and butter, eggs, coffee, spices, wool, and hides softened. The index shows a 23rd straight year-over-year rise versus the 1934 period and marks notable shifts from July 1932 lows.

New York Dun Genee Weaeee

First Montreal Stock Exchange Fees Shown For Champagne

The Montreal stock exchange yearbook reveals the first listing fee of $50 in 1870 was spent on members for champagne. It also notes the initial member dispute in 1871 with the at fault member fined a case of champagne.

Montreal Montreal Stock Exchange

Grains Fall Amid Forecast of Further Moisture Help

In Chicago trading, grain prices slipped as predicted rain or snow lent crop help. Wheat eased to near the day’s bottom, May quotes around 97 cents, corn down about 1 to 2 cents, oats down modestly, with provisions mixed. Gold surged to a record while exchange and monetary factors dominated the market mood.

Chicago United States Argentina

Bond Market Quiet With Best Gains By Utility Issues

The bond market showed a fairly even trend with utility bonds posting the strongest gains. The Associated Press utility index rose as investors shifted from railroad issues and watched remarks from North American company president J F Fogarty on potential utility legislation.

New York U. S J F Fogarty North American Company Associated Press Paramount Famous Players Liberty Treasury

Long Term Business Optimism Amid 1935 Signals

The piece notes analysts remain optimistic about the year despite weekly dips. It cites steel capacity use at 47.9% from 49.1%, strong auto output with Crams estimate 83,899 units, electric power up 5% year over year, steady carloadings, and lumber and cotton cloth production ahead. Dividend payments totaling 214.9 million for 629 firms, plus mixed court rulings on wages and TVA, shape the outlook. Secretary Wallace forecasts a 1% rise in food prices in H1 1935.

Cram Supreme Court National Recovery Administration Tennessee Valley Authority Wallace

Coca Cola dividend restored as earnings rise in 1934

Coca Cola directors raise the annual dividend to $8 in the first year after repeal. Earnings for 1934 reached $12,312,176 after charges and preferred dividends, up from $8,819,753 in 1933, with the $8 rate previously paid in 1931 and in early 1932 before cuts.

New York SNS Coca Cola Company

Many Plans Available To Beneficiaries Of Life Insurance Policies

Beneficiaries can avoid withdrawing policy proceeds by leaving funds on deposit with the insurer earning interest. Plans include interest only payments, quarterly or monthly withdrawals, or income options like a definite monthly amount or an annuity based on the beneficiary's age. Income settlements are secured by the insurer's assets.

Markets at a Glance in Narrow Trading Range

United Press reports stocks irregular in a narrow range as bonds and foreign issues stay quiet. Curb stocks dull with mixed moves while Chicago shares remain quiet. The dollar gains against sterling and holds steady against gold. Wheat slides 4 to 4 percent, corn is unchanged to up, and cotton eases 4 to 8 points with rubber falling 2 to 5 points.

Chicago Associated Press Bayuk Consolidated Gas Goodyear Kendall Newberry Remington Rand Shell Union Foster Wheeler General Baking Gotham Hosiery Great Western Sugar Hamilton Watch International Printing Ink United Kingdom Sterling

Wall Street Sales Snapshot and Bond Quotes

New York stock and bond market data show mixed activity with home owners 4s and 3s bonds listed. The page records intraday high low close figures and various quoted prices including federal funds and market indices.

Wall Street New York Insi Stock Exchange Federal Fonds Home Own Fed FM

Commodity markets slip after gold decision impact

Following favorable gold decision sentiment early last week commodity prices rose but soon fell back. Dun & Bradstreet shows weekly advances 24 and declines 29, with the Dun Bradstreet index dropping 1.7 percent from 124.27 to 122.11. Coffee and butter weaken. eggs and grains retreat. livestock receipts stay light as hogs rise to 9.10 per cwt. Steers trade near 13.60, roughly double a year prior.

New York Dun & Bradstreet, Inc Dun & Bradstreet Daily Brazil Chicago

Building trades surge to three year high says Dun and Bradstreet

Activity across sectors shows private demand rising since November with government aid only part of the momentum. Cotton goods traders cut yard prices 1-16 cent below market as second hands adjust. Carpet and rug mills push output to cover spring orders, some at highs not seen since 1930. Boston wool buyers boosted volume amid contract expectations. Hides market remains soft with buyers avoiding new contracts.

Dun and Bradstreet

Tax collections show improvement in major cities, Lehman poll finds

New York AP reports Lehman Brothers survey of 106 finance officers shows 82 cities improved tax receipts since 1933 while 24 reported declines.

New York Lehman Brothers

Pound Drops 4 Cents But Wall Street Holds Steady

London gold and silver prices rise as sterling slips further. Wall Street ends the week with mild activity and few gains, led by select preferred stocks while most industrials stay flat. Sterling closes at $4.7714, down four cents. French franc gains small. Carloadings remain the standout index.

New York London Wall Street United States U. S. Treasury

Orders To Bring Boost In Steel Output This Week

Steel operations in Youngstown district will rise four points to 54 percent of capacity on Monday with potential further gains as orders increase. Carnegie Steel Farrell works added two open hearths reaching 60 percent, the plant's highest rate this year.

Youngstown, C Carnegie Steel Company Farrell Works

Business Failures Down in February After January Toll

New York reports show 1,005 business failures in February, down from 1,184 in January and 1,049 in the year-ago period, per reports to Dun and Bradstreet.

New York Dun and Bradstreet

Hog prices hold steady in light Saturday Chicago trade

Unofficial Monday receipts show hogs at 6000 head with total week gains intact as buyers bid up to 9.50 while late sellers bring 9.10. Cattle and lambs offer mixed moves with steers near 13.90, Western lambs capped around 9.35, and hogs sustaining an upward trend amid light demand.

Chicago Nebraska Ted Western OWTCA API U. S. Dept. Agriculture Averas Aheer

Markets Chicago Produce Summary

Receipts show butter at 31c to 30c with 500 tubs on sale and extras. eggs steady at 20c current receipts. potatoes on track with 989 shipments and old stock steady. Wisconsin round whites No 1 prepared for sale Friday and Saturday early.

Chicago Wisconsin Wiscon— Ee Eee

Local Hog Prices Continue Higher on Market

Local hog prices move higher with most grades advancing to a top of 9.20 dollars on Saturday. The four lighter grades of good hogs remain steady, while overall market activity trends up.

Iowa Hog Prices And Market Notes From Cedar Rapids

Wheat onions barley and corn listed with prices. hog price report shows varied quotes across Waterloo Mason City Ottumwa Des Moines area markets. Notable figures include hogs 140-180 pounds around 7.60 to 8.80, heavier packers 350-425 pounds around 8.00 to 8.25, with regional upward movements noted.

Inclair A - Packers ELIS Iowa Associated Frese Waterloo Hoas Ia Pyiday Mason City Esas Pfsion Tetout Atas Des Moines Unchatices

Hog market report from Austin Minnesota

Hogs at Austin Minnesota see mixed bids with 1400 head traded. Prices listed for 170 to 220 pound ranges around 9.60 to 9.90 per hundredweight and sow weights bid near 86. Gasoline market phrase appears truncated.

Austin

Firm Redeems Stock at 111 75 a Share

Abraham and Straus Inc. informed the New York Stock Exchange it will redeem 10 000 shares of its 7 percent preferred stock on February 21 at 111 75 a share. The payment includes par value 100 premium 10 and dividend 1 75. Certificates to be presented at Central Hanover Bank and Trust Co New York. The article notes a historical shift in how cannon size is measured.

NEW York Abraham and Straus, Inc New York Stock Exchange Central Hanover Bank and Trust Company of

Foreign Exchange Rates Noted From Various Nations

A scrambled list shows exchange rates for Britain France Italy Germany Denmark Finland Netherlands Spain Greece Czechoslovakia Austria Hungary Romania Argentina Brazil Tokyo Hong Kong Mexico City and others. Figures include 68.35 for Italy and 27.88 for Mexico City silver peso, with several currencies showing decimal values and denotations like N or N-Noeminal.

Eign Exchange Neuer En ‘Oreign Ite Britain France Italy Beleiure Germany Shek Molland Norway Denmark Finlanteerland Spain Partinal Greece Miamal Czechoslovakie Sues Avis Austria Hungary Roumania Argentine Brazil Tokio Mongkong Mexico City Montres New York Montreal

Grain Movement Report Messy OCR Notes

Grain movement and grain types listed in a jumbled OCR fragment. Mentions yellow and white wheat and assorted grades with price fragments and numbers, but no coherent action or location.

Also Mentioned on This Page

Rudy W. Weber Edwin D. McCoy Daville E. Fagle John W. Berkemann Sullivan Uesell Knap Gordon Oswald Alexander Ratner Charles Fletcher Joseph _Sindelar Albert Jayne Kenneth Strant Freeman Dotson DeVere Patterson Earl Scelle Vincent Lastuyka Loyde Coakley Earl Andersen Weighted Price Index United Press S . Nt Bond Drice Aeron ES Hi Metandard Statistics vCopyright Company Pee Ens Prudential C. W. Mull Sprudential N Co. of America Risley Bide Rader Winget Coca Cola THE Boston Jowa Public Utility Paeseoee Merchants National Telephone W.D. Hanna and Company Investment Securities Merchants Bank Cedar Rapids Des Moines Sioux City Burlington Cricago Livestock U. Ne Tee Lania Igyer Ewt Orida Buss Ibu Lesher Leghorn Igraei Rock Chicare Kansas City Cleveland Pittsburgh Eneas Buffalo Cincinnatoon Seseaves Lamson R. BE Disbrow Winnipeg C. V. Shepherd Robert O. Bickel W. W. Reams Nions No. O Poates Alu Life Ins. CO. OF Phil John F. Williams W. A. Ball Geo. B. Thomas Ray C. Phelan Mer Nat'l. Bank Bldg North Duluth Minneapolis Kansas Lac Clare T. Call Equitable Life OF Phese Kiel Life Insurance Henry M.files Northwestern Mutual SOT Security Bankers Life Co Des Moines, In F. W. Darling Higley Bldg Sanford Farm & City Loans National Life Insurance Co Montpelier Vermont Harvey C. McClary Dows
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