Iowa Electric Light and Power Net Income Up in 1937
The Iowa Electric Light and Power Company reports 1937 net income of $728,000, up $75,000 from 1936, with gains due to net earnings and higher electricity and gas production. Taxes rose to $558,000, fuel costs increased mainly from early- year preparation for a miners strike, and payrolls grew about $10,000 monthly. Output rose: electricity 167 to 179 million kWh, gas 340 to 377 million cubic feet, with 84,555 total customers at year end.
MENTIONED IN THIS ARTICLE
Iowa Electric Light and Power Company
Yowa Electric Light and Power Company
Jefferson
Electric Light
Ling
Electric Name and Farm Authority
Iowa Electric Light and Wew Company
Iowa
Cedar Pids
Marshalltown
Boone
Per
Marion
Nevada
Belle Plaine
Tama
Toledo
Ount Vernon
Carroll
Ile Plaine
Ames
Mount Vernon
Lisbon
European Talk Fails to Lift Wheat Prices in Chicago
Chicago wheat prices opened higher on European developments but gains faded amid profit taking and selling tips from Winnipeg. May delivery reached 895, then reversed, closing mixed across wheat, corn, oats, and rye with modest gains and losses.
MENTIONED IN THIS ARTICLE
Chicago
Winnipeg
Butter Receipts, Prices Steady in Chicago Markets
Chicago market notes show receipts of 18,707 with steady butter prices and current receipts around 14¢. Prices for storage packed items remain near 19¢ to 24¢, with demand liberal for certain grades and weak signals for carlot and crate pricing. Idaho russet and Florida Bliss varieties appear with varied quotes, while creamery butter offers higher bids and higher quality grades hold around 92 score.
MENTIONED IN THIS ARTICLE
Chicago
North Dakota
Lorida Bliss
Seerai
Mts
Atendy
Soener
Cedar Rapids Bank Clearings Edge Down Over One Week
Bank clearings in Cedar Rapids dipped slightly last week with a total of 1 028672 64 for the period ending March 12, down from 1 089570 18 for March 5. The year ago period ending March 13, 1937 reported 1 184987 45.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Clearing House Association
Start 1938 Christmas Boxes In Local Plant
Nine months till Christmas prompts Theodore E. Thorpe to boast of Enterprise Box company growth. The 423 A avenue NE plant operates at three times last year’s capacity, turning out boxes on order for a likely strong 1938 trade. Red and silver Christmas symbols appear during warm seasons, signaling confidence in a brisk season ahead.
MENTIONED IN THIS ARTICLE
Theodore E. Thorpe
Enterprise Box Company
Enterprise Company
Mutual Fire Reports Strong 1937 Asset Gain
The Mutual Fire Underwriters of Cedar Rapids reports nearly one million dollars added to its combined assets in 1937 with reserves up more than 500000. Manager Orie S. Imes notes the last quarter was the best of the year and 1938 began with record January February volume.
MENTIONED IN THIS ARTICLE
Mutual Fire Underwriters of
Cedar Rapids
Orie S. Imes
Mutual Fire Underwriters
Chamber of Commerce of
United States
Washington
Chamber
American Tron and Steel Institute
Local Lennox dealer convention in Marshalltown
Six local men including Lee Ilen Carl Freund John Havel Lumir Vishek Joe Fiala and Al Schirm attended the Lennox Furnace company annual dealer convention held early last week in Marshalltown. Exhibits featured two new mechanical fired air conditioning units designed for the medium priced home market.
MENTIONED IN THIS ARTICLE
Lee Ilen
Carl [Freund
John Havel
Lumir Vishek
Joe Fiala
al Schirm
Lennox Furnace Company
Marshalltown
Relief bill funding boosts WPA by 250 million
Washington outlines a new federal relief bill where each word equates to three million dollars. The measure adds 250 million to the Works Progress Administration budget.
MENTIONED IN THIS ARTICLE
Washington
Lightweight aluminum 11 pound outboard motor debuts
Detroit reports a new outboard motor made of aluminum alloy weighing 11 pounds. It delivers 1.2 horsepower and vibrates less due to the light metal, signaling a pivot in marine propulsion design.
MENTIONED IN THIS ARTICLE
Detroit
Fairfax State Savin gs Bank Ledger Fragment
A damaged bank ledger shows assets and liabilities figures for Fairfax State Savings Bank. Entries include resources such as cash items, loans and discounts, real estate, and furniture, with liabilities listing capital stock, surplus, and deposits. The document is unsigned and contains OCR garble.
Local securities and bonds listings with scattered prices
Quotations show price ranges for recent transactions on bonds and stocks including Central States Power Interstate Power Iowa Public Service Southern Utilities Ames University Stadium Sioux City Gas and Electric Western Grocer Co. Note mentions interest in unquoted issues and directs contact to The Gazette Cedar Rapids Iowa. Also includes a science line about the earth moon system’s center of gravity about 3000 miles from Earth’s center.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar Rapids
Iowa
Central States Pr. & Lt
Ce Alte Interstate Power Co
Towa Public Service Co
Iowa Public Service Co
Tows Southern Utilities
Towa
Southern’ Utilities
Towa ‘Southern Utilities “Co
Iowa State Coliese Ames
Iowa University Stadium
Sioux City Gas & Elec. Co
Wat@co
Cedar Falls
Northern
Central Btates Pr
Lt. Corpora Interstate Power Co
Iowa Southern Utilities Go
Iowa Southern Aelief
E . Eta Rath Packing Co
Western Grocer Co
United State Bank Statement of Condition March 7 1038
Ledger style bank statement for United State Bank Cedar Rapids Linn County shows resources liabilities and officers including president Procharka vice presidents Kanak and Kriz with sworn affidavits by bank officials and notary. Details list bonds overdrafts furniture cash items deposits capital surplus and various accounts totaling over 1 million dollars in liabilities and assets.
MENTIONED IN THIS ARTICLE
Lawn of
Iowa
Cedar Rapids
Linn
Linn County
Procharka
L. J
Poco Dradery, JR
Ranar
Chai
R. Toreck
William Vavra
Lint
Ss. We
Frank C. Welch
T. R. Warriner
Paul H. Huston
Wm. Rinderknecht, Jr
Brett’ Dishone
Ervin F. Stepanek
Frank
Mekota
Welch
Warner
Gye Huston
Rinderknecht
Dishong
Ervi F
Stepanek
Frao
Seal
Warriner
Pail H. Huston
Wm. Rinderknecht
Brett. Dishong
Evan O. Mekota
Lester P. Frezek
Linn Counts
Statement of Condition of the Peoples Savings Bank
Financial statement for the Peoples Savings Bank Cedar Rapids Iowa as of March 7 1938 showing assets including bonds and securities deposits and cash items and liabilities including capital stock surplus undivided profits and deposits with figures for savings deposits demand certificates and other items with tax reserves and retirement funds listed.
MENTIONED IN THIS ARTICLE
The
Peoples Savings Bank
Capital Stock
Boy Hansen Metal Co Opens Cedar Rapids Branch
The Cedar Rapids plant of Boy Hansen Metal Products from Davenport will be formally opened Monday at 114 First Street NW. The manager is H. G. Forbes with ten years in Cedar Rapids electrical work. The firm makes neon and Lustralite signs and theater canopies. Davenport plant employs about forty five men and the Cedar Rapids branch will hire at least six.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Boy Hansen Metal Products Company
Davenport
First Street
H. G. Forbes
Roy Hansen Company
February Car Sales Report for General Motors
General Motors sold 94,449 cars to U S and Canadian dealers in February, up from 74,567 a year earlier, with January sales at 94,267. For the first two months of 1938, GM shipments totaled 188,716 versus 178,235 in the same period of 1937.
MENTIONED IN THIS ARTICLE
General Motors
United States
Canada
Stocks End Week On Recovery Note
After eight weeks of overall decline the market closed Saturday with a cautious uptick. War fears eased slightly though buying remained timid as traders sought steels rails motors and specialties with 299 850 shares changing hands. The AP 60-stock average rose 0.1 to 42.3 with notable gains in U S Steel Bethlehem General Motors Chrysler Santa Fe Westinghouse Central Union Carbide and others.
MENTIONED IN THIS ARTICLE
New York
United States
Associated Press
U. S. Steel
Bethlehem
General Motors
Chrysler
Santa Fe
Westinghouse
N. Y. Central
U.S. Rubber
Montgomery Ward
Anaconda
Air Reduction
Union Carbide
Corn Grind Reaches New February Total by Eleven Refiners
The Corn Industries Research Foundation reported a February corn grind of 4,997,122 bushels for domestic use. The figure represents activity from eleven refiners of starches syrups sugars and other corn products.
MENTIONED IN THIS ARTICLE
Corn Industries Research Foundation
Quickening Pace Noted In Trade And Industry
The report notes improving activity across trade and manufacturing with steel output carloadings and electricity rising. AP index shows industrial activity up to 68.5 from 68.2, while retail trade gains momentum though still below 1937 levels, as rail and auto sectors hint at a broader upswing.
MENTIONED IN THIS ARTICLE
Aashington
Associated Press
Commerce Department
Also Mentioned on This Page
Electric Light and Power
Naomi Doebel
CHICA
Feter Fox Sons Company
Merchants National Bank
Frey
Walelabee
Brothera & Co
Rapi
Asiaeasea
Arles
Lata
J. B. McGladrey Company
Certified Public Accountants Tax Service
TVA Power
Pittsburgh
Tennessee
TVA
Roosevelt
Mutual Fire
T Fairfax State Savi Savings
Mit and
Taty Ln
Etlee Airfax
Ricited& Renee
Surlus
le County
Ian Kent
Local Securities
Iowa Securities
Earth-Moon
Earth
Central
Central States Elec. Co
First Axe
Roosevelt Hotel
United Lt. & Pr
United
United St. & Rr
Delaware
Bishop
States
Etec. Co
Gtec. Co
Elec. Co
Elec
LaPient-Choate Mfg. Co
United State Bank
Amy
Gm Beny
Boy Hansen Metal Co
Save With Life Insurance
Leo G. Ulich
Mutual Life Insurance CO
New Tore
American Trust Bills
Oldest Life Impuramen Co
Ernest Kosek
Combined Financial Statement
U. S
Frederick Gardner
Maryland Fund
Nor Amer
Inc
Am Sh. Inc
Super Corp Am
Useil&pa
Useil & P Vic Os Mass Investor
Commerce Dept
Thomas E. Flanagan
Ward
Neill
Association of American Railroads
Edison Electric Institute
Russia
Japan
Philadelphia
Minneapolis
Kansas City
Mile Whipple Agency
Insurance and Bonds
American Trust
Dia