Steel And Motor Production Register Gains For Week
Steel and motor production rose while carloadings and electric power dipped. Analysts noted better than expected steel output and carloadings, but motors and electricity lagged. Telephone installments surged in February with 68,300 added stations, while services and commerce showed a pause in forward activity but overall stronger year over year. Private enterprises lined up financing as analysts eyed a possible capital market upturn.
MENTIONED IN THIS ARTICLE
American Telephone and Telegraph Company
Commerce Department
Seven Realty Sales Close in Six Days
Bedell Nissen reports seven home sales in six days including 1852 Ellis Blvd NW to Donald Schremp and 915 Eighth St SW to David Ampey with April 1 possession. Other transfers include 1554 Bever Ave SE to Chester Parnes, 1954 Washington Ave SE to Robert Skinner, Springville property to C W Ralston, and an acre on 29th Ave SW to C H Sawyer. Cooperatives involved were William J Conway with 1826 E Ave NW and Uptown Realty with 1012 Eighth St SW sold to A C Collinge and David A Ampey.
MENTIONED IN THIS ARTICLE
Bedell-Nissen Company
Ellis Boulevard
Perpetual Savings and Loan Association
Donald Schremp
Eighth Street
Bever Avenue
Chester Parnes
Washington Avenue
C. H. Sawyer
Thirty-second Street
William
Income Tax Returns Due This Month
The article explains federal and Iowa state income tax filing deadlines, required forms, and rules. It notes March 15 for federal and March 31 for Iowa returns, with office hours, deductions, exemptions, and payment schedules. It also outlines state differences, such as tax rates, dependents, and quarterly payment rules.
MENTIONED IN THIS ARTICLE
United States Collector of Internal Revenue
Cedar Rapids
Des Moines
Iowa
Transcontinental Auto Traffic Shrinks to 300 Daily
Washington reports that among 25 million passenger autos in the United States only about 300 are moving daily on coast to coast trips via main east and west highways, per the U. S. Bureau of Roads, highlighting extreme traffic slowdown.
MENTIONED IN THIS ARTICLE
Washington
America
U. S. Bureau of Roads
Power Interests Clash In Nebraska Power Project Fight
In Lincoln Neb the six year drive by private utilities against Nebraska s three public power districts gains speed Regulators are urged to tax and regulate district hydro electric rates while districts debt from PWA financing shapes policy Senator Norris defends the districts backed by Washington officials The six hundred million dollar program aims to buy out private companies and create a 1000 mile statewide transmission system with Sutherland Tri County and Loop districts facing construction delays and varying completion timelines
MENTIONED IN THIS ARTICLE
Incoln
Neb
Com
Jpanses
Nebraska
Little Tva
George W. Norris
Power Trust
PWA
Washington
Iowa-Nebraska Light and Power Co
Lincoln
Federal Power Commission
Guy C. Myers
New York
Bancamerica- Blair Corporation
Nebraska League of Municipalities
Nebraska Power Co
Omaha
Tri-County
Sutherland
Loop
Tri- County
Western
Rate Of Interest On Home Mortgages Not Expected To Change
A Mortgage Bankers Association poll of 550 members across 42 states finds 91 percent expect mortgage rates to stay the same in 1939, 7 percent expect lower rates, and 2 percent foresee higher rates. Regional splits show Pacific coast and mountain states at 94 percent for no change, with small for higher or lower rates.
MENTIONED IN THIS ARTICLE
Chicago
Mortgage Bankers Association of America
Association
Pacific Coast
Mountain States
Middle Western
Two New Department Heads At Newman's
Two new department executives join Newman's store organization this season. Hurley W Brown becomes head of home furnishings and interior decorating after ten years as buyer for Brown Duncan Tulsa. Charlie Taylor named head of the basement store after six years with May Company Denver.
MENTIONED IN THIS ARTICLE
Newman's
Hurley W. Brown
Cedar Rapids
Brown
Brown-Duncan Company
Tulsa
Oklo
University of Arkansas
University of Alabama
Denver
Colo
May Company
Wichita
Kan
Taylor
Montrose Hotel
Dawson Named Manager at Sherwin Williams Cedar Rapids
L. V. Dawson last week assumed duties as manager of the Sherwin Williams company at 216 Third avenue SE Cedar Rapids, succeeding Harry Sherry who moved to Davenport. Dawson has twenty years in the paint and wallpaper business and eight years with Sherwin Williams, including time in Peoria before coming to Cedar Rapids four years ago as wallpaper manager and assistant store manager.
MENTIONED IN THIS ARTICLE
L. V. Dawson
Sherwin-Williams Company
Third Avenue SE
Harry Sherry
Davenport
Mr. Dawson
Peoria
Cedar Rapids
Cedar Rapids Bank Clearings Rebound to Lead 1938 Week
Cedar Rapids bank clearings for the week ending Saturday totaled 1,353,570.59 dollars, regaining the lead over the prior year and surpassing the record of the previous week. The Cedar Rapids Clearing House report shows a sharp rise from 878,892.42 dollars the week ending Feb 25 and above 1,089,570.18 dollars for the week ending March 5, 1938.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Chipman Buys Brother’s Maytag and Skelgas Store
Anamosa: W H Chipman, owner of the Maidrite cafe, has purchased his brother Clyde Chipman’s Maytag and Skelgas business. He will operate both locations.
MENTIONED IN THIS ARTICLE
W. H. Chipman
Maidrite Cafe
Clyde Chipman
Local Securities Price Range Notes and Quotes
A collection of not firm bids and recent price ranges for issues including Interstate Power Co. Central State Power Iowa Public Service Co. Southern Utilities Water system stocks and preferreds plus common stocks such as Bath Packing Sioux City Gas and Elec Western Grocer. The list cites specific series years and varying yields with notes for investors to contact The Gazette Cedar Rapids Iowa for unquoted issues.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Central Matatea
Interstate Power 6 Co
Public
Ervice Co
Ows Public Service
Towa
Fee
Waterloo
Cedar Falls & Northern
Central States
Ih Corp
Interstate Power Co
Iowa Southern Utilities Ato
Towa Public Mservice Co
Iowa Southern Utilities
Bath Packing Co
Sioux City Gas & Elec, Co
Western Grocer Co
Week's Most Active NYSE Stocks End Week Higher
Stocks on the New York Stock Exchange closed the week ending March 4 with increased activity and higher prices. The twelve most active issues posted complete weekly ranges, highlighting notable gains near the close.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Citizens Who Saved Merchant's Business Honoring Him Again
Danville Indiana AP reports residents who rescued storekeeper Joe Hess by staging a Joe Hess day and selling items like handkerchiefs and socks at set prices will hold a second Joe Hess day on March 11. Hess recently died after liberal credit nearly closed his shop and all Danville businesses closed for his funeral. F Brewer Hadley who bought Hess stock plans to sell part of it to citizens to raise funds for marking the graves of Joe and his wife.
MENTIONED IN THIS ARTICLE
Danville, Ind
Danville
Joe Hess
Hess
F. Brewer Hadley
Hadley
Joe
Textile Activity Forecast for 1939 by Textile World
New York predicts higher textile activity in 1939. Douglas G. Woolf, editor, says the 1939 rate will match 1929 levels and rise about 15 percent above the 1923-25 average, based on the annual review and forecast.
MENTIONED IN THIS ARTICLE
New York
Douglas G. Woolf
Textile World
Keota Market Sold to Washington Couple
Mr. and Mrs. Co J. Ruxlow of Washington purchased the Oetjen grocery and market in Keota from Walter and Ed Oetjen of Washington. The store, managed by Tom Burton and family, is now in the hands of the Ruxlows who recently sold their local delicatessen to Mr. and Mrs. William Morgan of Burlington.
MENTIONED IN THIS ARTICLE
Washington
J. Ruxlow
Oetjen
Keota
Walter
Ed Oetjen
Tom Burton
Ruxlows
William Morgan
Burlington
Chicago Livestock Prices and Receipts Report
HOGS Receipts 200 steady trade on small supply with averages 37.95 to 8.15 per cwt top 88.15. strictly choice 190-210 lbs quotable to 8.25. shippers held 500. medium trades 170-200 lbs 7.60 to 7.85. CALVES none. steers 25c lower for medium to good. yearlings steady to weak. fed heifers steady. cows weak to 8c off. bulls up 10-15c to new crop highs. vealers 25 to 50c lower. stockers and feeders scarce. top weighty steers 13.65, light 12.25. best yearlings 12.75. best heifers 11.35. heavy yearlings 10.15. meaty yearlings 9.00. SHEEP Receipts 3,000. late fat lambs active 18-25c higher. bulk 8.80-9.15. top 9.15. 100-107 lb weights 6.75-8.00. fat lambs and yearlings 10-25c lower. week’s lamb top 9.50 Monday. closing top 9.15. week’s bulk 8.75-9.35. choice natives 8.85. fed lambs 8.65-9.00. yearlings 7.00-7.25. clipped lambs 7.75-8.00. summer shorn 8.40. slaughter cows 4.50-5.00. top 5.10.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
U. S. Dept. Agriculture
Metals Market Update from New York
Copper stays steady with electrolytic spot at 11.25 and export 10.124 percent. Tin holds at 46.15 for spot and forward. Lead remains steady with New York spot 4.75 to 4.80 cents and East St. Louis 4.60. Zinc steady with East St. Louis spot and forward at 4.60. Pig iron aluminum antimony quicksilver platinum and Chinese wolframite unchanged.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
February New Car Record Second Best In 8-Year Period
Linn county February 1939 new car and truck registrations set a near eight year February record with 126 new cars and 15 trucks. The Linn County Abstract Co compiled figures showing yearly February totals from 1932 to 1939 with 308 cars and 51 trucks registered in the first two months of 1939.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Cece
Real Estate And Mortgage Reports From Linn County 1939
Conveyances numbered 81 and mortgages 43 were recorded between February 24 and March 2, 1939 by Linn County Abstract. Mortgage totals show $155,490.53. February comparisons show conveyances rising from 150 in 1936 to 226 in 1939 while mortgage aggregates trend from $307,520.50 in 1936 to $331,634.98 in 1939.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Mortenees Aggregate
Mortenges Agercente
Agererate
AgKrerate
Trends of Business March 4 1939 United Press
The American Iron and Steel Institute reports January steel industry employment at 451000, up from the prior month, with payrolls at 59348000. Dominion bureau notes Canadian carloadings at 39888. Federal Reserve reports grain store sales down 5 percent from last year. Corporation news shows 1938 profits and losses for multiple firms including Fish Rubber, Moore Corp, Philadelphia Co, Safety Car, Scovill, Spalding, United Drug, US Rubber with varied profits per share and totals.
MENTIONED IN THIS ARTICLE
American Iron and Steel Institute
Dominion Bureau of Statistics
Federal Reserve Board
Corporation News
Fish Rubber Co
Moore Corp., Ltd
Scovill Manufacturing Co
A. G. Spalding and Bros
United Drug, Inc
United States Rubber Co
Road contractor to build large machinery garage in Waukon
R J Cooney, a highway building contractor, has purchased the Ray Robey residence consisting of six lots and four adjoining from the Frank Garrow estate. He plans a large repair shop and garage for road making machinery. Purchases total 2200 for Robey property and 225 for Garrow lots.
MENTIONED IN THIS ARTICLE
Waukon
R. J. Cooney
Ray Robey
Frank Garrow
Robey
Farrow
Stock Market Moves Upgrade But Fast Pace Eases At Close
The market opened with strong activity led by 5,000 GM shares and a two hour turnover of 580,000. 356 advances, 169 declines, 178 unchanged. Major leaders hit new highs including General Foods and American Telephone, with sixty-two fresh highs overall. rails firmasMixed results across sectors, profit-taking in steels, aviation declines, and steady to higher prices at close as batteries and utilities show rising orders.
MENTIONED IN THIS ARTICLE
General Foods
American Telephone
Deere
International Harvester
National Dairy Products
Union Pacific
McIntyre
Firestone
Liggett & Myers
York
General Motors
Eastman Kodak
Allied Chemical
Philip Morris
General Electric
Mixed Grain Prices End Slightly Higher in Chicago Trade
Grain futures closed mixed with wheat up some and soybeans steady amid little demand. May corn held near prior close as winter weather outlook remained cautious. world markets in Buenos Aires and Rotterdam steady while Winnipeg and Liver Pool showed minor moves. Weather forecasts for the coming week hinted at unsettled conditions and heavy precipitation.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
May
Winnipeg
Liverpool
Rotterdam
Buenos Aires
Seaboard
Winnipeg Market Wheat and Chicago Provisions Snapshot
Open high low close data for May wheat and futures notes appear with multiple decimals. Chicago cash provisions list No 2 yellow wheat No 3 white oats barley beans and seeds with quoted prices and ranges. Descriptions include lard bellies and timothy seed with unit prices and some ambiguities from OCR.
MENTIONED IN THIS ARTICLE
Winnipeg
Chicago
Minneapolis cash grain prices and receipts report
AP Minneapolis market bulletin lists Saturday receipts at 111 carloads, down from a year ago, with quotes for No 1 heavy dark northern 77 to 78 cents, No 1 dark northern 71 to 75 cents, No 1 hard Montana winter 72 to 74 cents, No 1 red durum 62 to 63 cents, corn No 2 yellow 42 to 43 cents, oats No 3 white 27 to 29 cents, barley 65 cents.
MENTIONED IN THIS ARTICLE
Minneapolis
Tsarit
Montana
Markets in Chicago and New York Produce Reports
Chicago receipts show butter 858,905 steady and eggs 18,954 steady with unchanged prices. Potatoes on track 309 total, supplies liberal and demand slow amid varied regional prices. Idaho russets and Colorado McClures show weak to steady trends. New York butter and cheese receipts also steady with mixed color grades and unchanged prices.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
Colorado
Red McClures U
Wisconsin
North Dakota
Bliss
Minnesota
Red river_valley
L.C.L
NEW York Produce
New York
Markets At A Glance From The United Press
Stocks firm in moderate trading with bonds and U S governments higher. Curb stocks irregularly higher while Chicago stocks show firmness. Foreign exchange steady against the dollar. Cotton futures steady. Grains in Chicago flat for wheat and corn. rubber futures rise. Silver in London unchanged at 2014 pence an ounce.
MENTIONED IN THIS ARTICLE
The
United Press
U. S
Chicago
London
For Rent Want Ad Sells Sleeping Room in Gazette
Mrs. James Gorman of 1101 3rd Ave SW advertised a sleeping room for rent in The Gazette Want Ads and successfully rented it. The column notes that want ads perform well in all weather, unlike signs in windows, and highlights the popularity of such listings.
MENTIONED IN THIS ARTICLE
the Gazette
James Gorman
3Rd Ave
Gazette
Also Mentioned on This Page
Steel and Motor Production
Thomas E. Flanagan
Congress
Wall Street
Associated Press
Marsland Fun Ee
New England Fund Sereeanas
Am Tr
Am 8H Inc
Std
Elee St & WA
Sessveese
BS Roe
Roanoke
Minneapetic
Minn
G. J. Bondurant
Iowa State Income Tax Department
Cedar Rapids Savings
Little
TVA” Irrigation and Power
Mark Howard
NEA Service
Keystone
Platte Valley
Jeffrey Canyon Power Plant
RTH Platte
Johnson Canyon Power Plant
Lexindon
Holdrege
Kennard
Kearney
Minden
Hastings
Grand Island
Local Securities
Iowa Securities
Elec, Co
First Ave
Roosevelt Btatel
Elec
I Co
Act
Iowa Land É& Ide
Erial , United
Ido United
Aaee
United
TON United
Maine
Delaware
Cental States
Elec. Co
Central Biates Hlec. Co
Dow-Jones
NEW York F
Cesse
New York Central
U. S. Steel
Greyhound
Chrysler
Pennsylvania
R. A
Tel. i
Engineers Pub. Service
Republic Steel
North American Co
Ernea Zx
Seanet & Co
Merchant's National Bank
H. Jump
Res
Keota Market
Real Estate and Mortgage Reports
Cerro de Pasco
Douglas
United Aircraft
Lamson Brothers & Co Phono
R. Mowrey
Merchants National Bank
Sarna Ee
Bose
Save With Life Insurance
Leo G.ulch
the Mutual Life Insurance CO
Aldest Life Insurance Co
Inter-Ocean Reinsurance CO
Ernest
Kosek & CO
Ernest Kosek
John
Varra
George Keack
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