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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 13, 1938

Page

29

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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