Copper's Rise in World Markets Sparks War Demand Rumors
The era story of the Michigan pig rescue and Calumet and Hecla copper mine resurfaces as copper prices surge with war fears and peacetime demand. May-delivery copper climbs to 15.25 cents after months of volatility driven by armament orders and global speculation.
MENTIONED IN THIS ARTICLE
Michigan
United States
Wee Pace
Bricht
Qays
Montana Hills
Utah
Arizona
Clark
Dodge
Daly
Heinze
Bigelow
Lewisohn
Ryan
Hulbert
Butte
Denver Post
E. J. Hulbert
Boston
Calumet and
Hecla
Bostonian
New England
Calumet
Harvard
Anaconda
Marcus Daly
Wa Clark
Daly and Clark
America
Mexico
Chile
Alaska
Peru
D. A Gunther
Cyprus
Africa
House of Commons
Speculative Bonds Rise in Busiest Saturday in Months
In New York the market's busiest Saturday session since fall saw speculative bonds advance while high grade issues held. Total turnover reached 10 589 000 face value, the heaviest since Oct 3 1936. Railroad issues led gains with New Haven 41s, St Paul 5s of 1975 and others rising. New York Central convertibles climbed sharply to a new 1936 37 high.
MENTIONED IN THIS ARTICLE
NEW York
New Haven
St. Paul
Baltimore and Ohio
Southern Railway
New York Central
Polk Peterson Corp Opens New Cedar Rapids Offices
Polk Peterson Corp investment bankers moved from the fourth to the sixth floor of the Merchants Bank building in Cedar Rapids. Leslie M. Smith arrived from Kansas City to serve as local resident manager for the firm.
MENTIONED IN THIS ARTICLE
Polk-Peterson Corporation Investment Bankers
Merchants Bank
Leslie M. Smith
Cedar Rapids
Kansas City
Corporation
Linn County Auto and Truck Registrations Summary
Linn County Treasurer Milo Sedlacek reports February registrations from the Linn County Abstract Company. Data shows years 1933 1936 1937 with new cars and trucks figures. 1933 February 82 cars 12 trucks. 1933 183 83 26. 1937 February 16 56. 1936 February 30 23. 1937 February 18 2. Early 1937 months January 4 1937 82. February 1937 18 au.
MENTIONED IN THIS ARTICLE
Linn County Abstract Company
Linn County
Milo Sedlacek
Auto Sales Outlook Still Brightening
Detroit based industry notes production climbing toward peak output and immediate delivery becoming common. Brighter sales, reduced used car stocks, wage gains aiding demand, and flood relief funds boosting purchases along the Ohio and Mississippi valleys.
MENTIONED IN THIS ARTICLE
Ohio
Mississippi River
Iowa Securities Prices and Listings in Local Roundup
Furnished by Priester-Quail and Co Cedar Rapids office lists securities including Interstate Power Co and Public Service Co various bonds and preferreds with prices and percentages. notes entries for Central States Power and Light and local utilities. includes mention of Ames University and Sioux City GEB Co and Waterloo Cedar Falls area listings. round up of preferred and common stocks with yields and dates.
MENTIONED IN THIS ARTICLE
Central States
Ia Pub
Pa Ta Sou Util Co
Te State Col ‘Ames
Tee Te Univ Stad Serial & Pet
Sioux City
G & EB Co
Waterloo
Cedar Falls
Nor & Is Stocme
Pow & L Corp Tnd
Interstate Power Co
Bou Utilities A
Te Sou Uti
Bronx City Gas and
Western Grocer
Ee Blackhawk-Perry Corp
Western Group
Local Securities Ronde
Murray Robertson Buys Lilly Interest In Printing Shop
Murray Robertson, longtime Cedar Rapids resident and 25 year printer, has purchased the Lilly interest in Lilly Printing. The business continues under the same name at 125 Third Street NE after the death of Frank Lilly.
MENTIONED IN THIS ARTICLE
Murray Robertson
Lilly
Frank Lilly
Lilly Printing Company
Third Street
Mr. Robertson
Cedar Rapids
Clinton Bridge Contract Let for Lyons Fulton Span
Clinton Engineering Company won the bid of 135000 dollars to replace a section of the Lyons and Fulton Bridge over the Mississippi at Clinton. Traffic will continue during construction and eight bids were received. The design was by H R Green Company of Cedar Rapids and work starts immediately.
MENTIONED IN THIS ARTICLE
Clinton Engineering Company
Lyons and Fulton Bridge Company
Mississippi River
Clinton
H. R. Green Company
Cedar Rapids
Entah
Butter and Egg Market Bulletin from Cedar Rapids
Chicago butter and egg futures reported by The Peter Pax Lonn Co from 336 Merchants National Bank building Cedar Rapids telephone 93-1622. Prices show March storage 32 34 high 32 low 32 close 32 futures 30s. November storage 30 2 30 s 63 20s 80s. Eggs March storage packed 23 7 23 4 23 percent .2319. Oct sets 25 4 25 4 25 4. Apr 8. FB 3 40 W344.
MENTIONED IN THIS ARTICLE
Chicago
Peter Pax Lonn Co
Merchants National Bank
Cedar Rapids
Settlement Day Signals Land Deals Boost in Cedar Rapids Banks
Bank activity for March 1 to March 3 showed a 219,830.12 gain in clearings over the same days in 1936, with roughly 90 percent of the rise attributed to farm land transactions. Figures from Cedar Rapids Clearing House compare 1937 March 1 197,228.89. March 2 247,639.36. March 3 214,344.04 against 1936 and 1935 days.
MENTIONED IN THIS ARTICLE
Cedar Rapids Clearing House
Wheat Advances and Falls After Early Chicago Gains
Wheat futures in Chicago rose about 1 percent then trimmed gains amid profit taking and light export buying from Canada. German import needs were revised higher, supporting prices, while Buenos Aires and Liverpool also posted top quotes. By close, May, July, and Sept contracts showed fractional moves, with provisions up slightly and corn trading mixed amid light rural offerings.
MENTIONED IN THIS ARTICLE
Chicago
Canada
Germany
Buenos Aires
Liverpool
Prices Steady in Chicago and New York Markets
Poultry and dairy receipts show steady prices across Chicago and New York. Eggs and butter report steady to unchanged quotes with mixed quality standings, while new stock and meats show moderate demand and firm to higher pricing in some grades.
MENTIONED IN THIS ARTICLE
Chicago
Fdsho Russet Hbirbank O
Vgn Lorado
Cowee McClure
SR. Osaes
Isconsin
Ehhes
North Dakota
New York
Express
Dresse
New York Free Port Opens on Staten Island
The only free port in the western hemisphere begins operations at Stapleton on Staten Island. The 35 acre site includes four piers and protected storage for import processing to reshipment without duties. Plans call for warehouses and factories. city investment could reach 3 million dollars with annual municipal profit hoped at 150 thousand. A photoelectric beam guards the half mile water boundary to deter theft.
MENTIONED IN THIS ARTICLE
York
INS
United States
Stapleton
Staten Island
City of
New York
F. H. LaGuardia
Adie
Nie
Rail boom steadies entire stock list
A brisk rally in railway stocks kept the market steady on Saturday with rails dominating trading. New highs were reached in many rail issues led by New York Central with a 25,000 share opening. gains spread to B and Q, Atchison and Southern Pacific. Other sectors, especially steels and utilities, firmed. cotton rose while wheat stayed quiet. Total short-session volume reached 1,770,000 shares.
MENTIONED IN THIS ARTICLE
New York
New York Central
Atchison
Southern Pacific
Delaware and Hudson
U. S. Steel Common
Interlake Iron
Central Foundry
American Rolling Mill
Walworth
Alsa
Woods
American Machine & Foundry
Allied Chemical
Inkelly
Texas
Loew
Chrysler
Continental
U. S
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Pig
Earth’s
Boston and Montana Company
Augustus Heinze
Columbia University
San Francisco
Modjeska
Bernhardt
Minnie Maddern Fiske
John Drew
H. H. Rogers
Standard Oil Fame
Montana
Wall Street
ABC
Dickinson Secretarial School
Cedar Rapids Savings Bank
Polk-Peterson Corp
LINN
Milwaukee
Mich
IND
Detroit
Eric
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AML
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Portsmouth
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Charleston
W. VA
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S. Car
PENN
N. Y
Bethlehem
Richmond
ZONN
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S Johnstown
Philadelphia
Hil
Ala
CIO
Fennaylvania
West Virginia
Indiana
H. S. Walesby
Universal Service Auto Editor
Great Lakes
District of Columbia
Iowa Securities
Priester-Quail and Co
Chester D. Salter
Cen
la Telephone
Elec Co
Berien
United Ld& Pow
United L& Pow
United L & Pow
United i. Ad
United L & Ys
Ave. Holding Go.velt “Hotel
Aveener Wwee
Atocks
Interocean Securities Co
Elec
Chine Ceneepers
Elec L
LaPlant Choate Mfg Co
Speeder Mach Corp
United L & L & Rys
United
Interocean Reinsurrance
United and Rys
Cleveland Federal Reserve Bank
Hesback
Livs Insurance
Leo G. Ulich
Mutual Life Insurance CO
New Fore
Eldest Life Insurance Co
Second Street
DIAL
Minneapolis
Elas
Cricago
J. E. Ps Ma Ager
Telephone Nett & Co
W. T
Tasha Fe
Provuce
Karl J. Schmidt
Higley
Cedar Rapids, Ia
Mile Whipple Agency
Insurance and Bonds
American Trust
Onerry-Burrell Corporation
Harold FE
Wood End Company
H. Kane
Resa