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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 03, 1940
Page
3
Merchants prepared for an Easter trade upturn as factory production steadied after declines. Retail shelves were stocked ahead of the holiday, helped by higher employment and wartime spending, though slushy streets slowed early shopping.
The Gazette lists permits for Rosa Shields and Marvel Huston among many others for new dwellings and remodels totaling thousands of dollars. Notable entries include La Plant Choate for an assembly plant and J L Gearhart for a new dwelling with attached garage, with several commercial remodels and bank work also noted. Judges from The Gazette preview entries for prize awards with ad writers Robert Yan Pauline Murray and Wallace Lyon present.
In eastern Iowa towns activity centers on new residences and commercial leases. Mesdames Ness and Kern bought a large north Fort Des Moines area property for remodeling into three apartments. J H Rumreich plans a hardware store in Adams while L A Heimark opens a jewelry shop Fort Atkinson. McGregor sees a new ownership for its bowling alleys with women welcome one day weekly. Abner Achenbach manages a Ford garage Mount Vernon. Karl Kaus resigns Farmer's Lumber post for Waverly duties.
Wheat finished steady to fractionally higher after a nervous day on the Chicago board, May bolstered by moisture in the southwest and firmer prices abroad. Winnipeg firmed while Ottawa floated possible price boosts, and futures for corn oats rye soybeans moved mixed amid rains in the central U S.
Winnipeg market reports show open high close for May at .885s, July at .89% and Oct at .903% with mixed cash wheat values in Chicago notes. Soybeans quoted No 3 yellow at 1.114s, barley malting at 55 63c, feed at 40 50c, field seeds including timothy and clover with alfalfa and alfalfa values listed.
AP Minneapolis market notes cash wheat and corn quotes with No 1 grades and protein content, plus prices for No 8 yellow corn and barley. Receipts for Saturday 343 cars, year-ago 111. Quotations show slight movements and several notations on winter and durum classes.
AP Chicago market report shows steady receipts and mixed notes for beef, creamery, and potatoes. Idaho russet U S No 1 mostly 1.88 to 2.00 per cwt, Colorado Reds 1.65 to 1.75, washed Bliss Triumphs around 2.20, early Ohio 1.20 to 1.25, Florida No 1 washed about 1.90, demand slow overall with moderate supplies in some categories.
AP reports New York receipts for eggs at 37 60 and 1934 futures with weak to mixed colors and various grades, butter receipts at 578 730 with creamery and higher prices, extra 28 percent and firsts around 27 percent, and cheese receipts at 223 162 with weaker demand and unchanged shades. The market notes broader price movement across dairy products as of the period.
New York stocks traded in a very tight band as the Dow moved with little variation. Utilities slipped after SEC integration actions against a major holding company, while steel shares strengthened on easing February output cuts. Several stocks hit year highs or lows as traders awaited war and political news, with the 12 most active stocks outlining the narrow range.
Captain Gordon Hughes head of Cedar Rapids police traffic division was the keynote speaker at a Roosevelt hotel dinner hosted by Cedar Rapids Auto Supply for its staff in Marshalltown Iowa City and Cedar Rapids. He spoke on safety relating to the carbon monoxide hazard. The event celebrated a carload muffler shipment to an Iowa jobber with free exhaust system inspections promoted by the company. Among out of town guests were T F Hall Racine Wis and Forrest C Wells Kansas City Mo representing Walker Manufacturing mufflers.
The Linn County Abstract company reports 128 new cars and 27 new trucks registered in February. February totals are compared to January and listed historic year figures from 1932 to 1939, showing varying registration counts.
United States court of appeals broadens enforcement of the NLRB order while reversing three of four employee discharge rulings. The court finds insufficient evidence for domination of the Independent Union of Craftsmen and orders rehire of one dismissed worker. Link-Belt operates plants in Indianapolis Atlanta Philadelphia San Francisco and Cedar Rapids.
New residents from St. Louis and Kansas City plan moves in March. Lawrence and Mrs Dival will occupy 3103 E avenue NE from Dr. B H McKeeley’s property via Fred E Collard and company. The S E Mueller family will rent 1921 Bever avenue SE from Mr and Mrs Don Merriam. Mr Mueller becomes master mechanic for the Chicago Rock Island and Pacific railway, succeeding H C McCullough now moved to Rock Island Illinois.
John Blaul's Sons Co. observed its twenty fifth anniversary with a sales meeting and evening banquet for all employees at the Roosevelt hotel. The Cedar Rapids firm opened in March 1915 after moving from Burlington where the parent house began in 1857.
Storage standards for eggs and refrigerators are provided, with reference to March futures. The note cites Lamson Bros and Co as the furnishing entity for storage standards.
Conveyances total 88 for Feb 23 to Feb 29 with mortgages totaling 126 015 00. February figures show conveyances 150 1936 1937 1938 244 226 1940 and mortgages 96 120 113 126 143 with aggregates 307 520 50 338 645 28 299 967 50 331 634 98 328 667 24.
Sen Downey of California withdraws his opposition to Paul R. Leake's appointment as San Francisco customs collector. He cites desire to avoid curtailing press criticism of public figures and notes prior libelous editorials. He had accused Leake of fraudulently claiming veteran tax exemptions.
Historical weather observations link recurrent red rain and snow to Oklahoma dust bowl soil lifted high by strong winds in recent years. The red particles color skies and dust-laden precipitation as scientists note soil origin and atmospheric transport during regional wind events.
Mrs. Theodore L. Woodward, a 47 year New York City teacher, presents the city with a bill for 90000 and demands payment within 20 days or she will sue. She alleges she was limited to substitute status since 1908 due to divorce issues and seeks damages plus pension rights.
Miss Ruby Sheneberger sold her home at 236 Fifteenth Street NW to Mr and Mrs Harry Christensen of 910 Sixth Street SW. They take possession May 1 in a cooperative sale arranged by QO Myers and Lundquist and Birch. Sheneberger plans to build another residence.
A Bellanca Aircraft Corp. plane based in Wilmington Delaware has flown from DVAC in the Philippine Islands carrying a two and a half ton truck, several caterpillar tractors and large electric motors and generators to support gold mining operations deep in the jungle.
New York reports on wooden toothpicks evolving into a modern product with tropical wood molar explorers treated antiseptically and packaged like book matches.
Krebs greenhouse, longtime on Rockford road SW for 55 years, will open its first downtown retail store this week at 404 Third Avenue SE. The space is leased from Hall-Ekfelt and is being remodeled for the new tenant. The business was founded by Charlie and Arthur Krebs and is now operated by Carl W. Krebs, son of Charlie.
Bank clearings in Cedar Rapids increased last week yet did not reach the prior year’s record. The week ending March 2 totaled 1,204,671.76 dollars, per the Cedar Rapids Clearing House, compared with 1,353,570.59 dollars for the week ending March 4, 1939 and 1,007,701.96 dollars for the week ending Feb. 24.
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