Drift Downward After Lively Opening In Stock Market
Stocks opened lively but drifted downward on light volume on Saturday. The Associated Press average fell 0.2 to 73.9 as 1,129,070 shares changed hands. Major rail and motor leaders failed to advance amid inflation fears and steady public spending. Several industrials moved lower led by U S Steel down 14 percent and General Motors at 65.5.
MENTIONED IN THIS ARTICLE
Frederick Gardner
New York
Washington
TTS Arwvarn
Associated Press
General Motors
Union
U.S. Steel
Bethlehem
Chrysler
Westinghouse
Santa Fe
Southern Pacific
Illinois Central
Standard Gas
Anaconda
J. S. Case
Goodyear
Texas Corp
Douglas Aircraft
Canada Dry
Twentieth Century-Fox
Ohio Oil
Sears Roebuck
Montgomery Ward
Loew's
American Telephone
New Recovery High For Steel Output In U S
The Associated Press notes a new recovery high for steel output despite motor plant strikes. The AP index of industrial activity rose to 105.7, highest since 1929, with Easter shoppers boosting retail trade and wholesale lines buoyant across 37 cities.
MENTIONED IN THIS ARTICLE
TRE Associated Press
Business Ledger
Associated Press
Department of Commerce
Cotton Bags Tested For Hawaiian Sugar
Hawaii may create a new market for 50 000 bales of cotton from the South annually if experiments with cotton containers for sugar succeed. Currently jute bags from India handle over 1 000 000 tons of raw sugar yearly. Hawaii’s sugar industry uses about 20 000 000 containers each year.
MENTIONED IN THIS ARTICLE
Honolulu
Hawaii
India
Firestone Expands Experimental Farm Near Columbiana
Harvey S. Firestone of Akron purchased 65 additional acres adjoining his model farm east of Columbiana. Farm attendants said the new land will be used for purposes of experimentation.
MENTIONED IN THIS ARTICLE
Columbiana
February gains in Cedar Rapids construction and car loadings
February shows higher activity in Cedar Rapids with 38 building permits issued up from January and 3 418 inbound car loadings versus 2 890 in January. Outbound loadings dip slightly from 2 841 to 2 817. Real estate transfers rise to 216, while new car sales fall to 74 and post office receipts edge up to 43 145.92.
MENTIONED IN THIS ARTICLE
Consolidated Business Report
Industrial Bureau of the
Cedar Rapids Chamber of Commerce
Local Securities Furnished by Priester Quail and Co
The notice lists securities details supplied by Priester Quail and Co with Chester D alter as Cedar Rapids office manager at 7 Merchants National Bank Building. BONDS
MENTIONED IN THIS ARTICLE
Priester Quail ‘and Co
Chester D
Alter
Cedar Rapids
Merchants National Bank
Iowa Securities. and Co
Priester
Bou Util
Col Ames
Serta Tee Univ
Sioux City
G & E Co
Waterloo
Cedar Rue
Pet
Gon
Pow & L Corp
Interstate Power Co E
Bou Utilities Co
Tenner Brotheramann & Co
Wrey
Priester, Quail & Co
Investment Securities
Merchants Bk
Cedar Rapids Named In Forbes Business Gain List
The March 15 Forbes issue lists Cedar Rapids among ten cities praised for recent business improvements. The map ranks cities including Indianapolis Memphis Worcester Norfolk Kansas City Spokane Lancaster Cedar Rapids Norristown and Colorado Springs for gains versus last year.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Forbes Magazine
Indianapolis
Ind
Memphis
Tenn
Worcester
Mass
Norfolk, Va
Kansas City
Kan
Spokane
Wash
Lancaster
Norristown
Colorado Springs
Colo
Map
Real Estate and Mortgage Reports From Linn County
The Linn County Abstract Company reports conveyances and mortgages recorded from March 5 to March 11 with year over year comparison. It notes 5 conveyances and 7 mortgages during the week, totaling $115,500. The same week last year saw 37 conveyances and 3 mortgages totaling $108,556.86.
MENTIONED IN THIS ARTICLE
Linn County “Abstract Company
Mortgaga al Bate
Agere
Beers Arrive In Massive Single Shipment For Lagomarcino
Ten carloads of Blatz Private Stock beer, amounting to 250000 pints in 12 ounce bottles, will arrive this morning for Lagomarcino Crupe at 325 First Street SE. The shipment, spotted on Milwaukee railroad city track, is among the largest single consignments here. About 85 percent expected sold by week’s end. Lagomarcino Cedar Rapids serves Blatz dealers in four counties.
MENTIONED IN THIS ARTICLE
Lagomarcino Crupe Company
Lagomarcino Company
Cedar Rapids
Blatz
Crosley Resumes Normal Operations After Flood
E. H. Owen says Crosley Radio Cincinnati unit returned to full schedule on March 1 after flood disruption. Cedar Rapids dealer Standard Tire reports radios refrigerators and all Crosley products shipping normally. One Crosley building burned but affiliated plant boosted output to supply 1,500 Shelvador refrigerator cabinets in a day.
MENTIONED IN THIS ARTICLE
E. H. Owen
Standard Tire Company
Cedar Rapids
Crosley Radio Corporation
Cincinnati
Crosley
Qwen
Crosley Company
Permits Issued Last Week for Dwellings and Businesses
Local records list numerous building permits from the past week. Entries include reroofs, remodels, and new structures across addresses in NE, NW, SE, SW and downtown, with amounts ranging from 25 to 1475 dollars. Notable names include Charles Shepard, Elmer Meissner, Sterling Grocery, James Burgess, and E. Cohn and Son Inc.
MENTIONED IN THIS ARTICLE
Charles Shepard
Fifteenth Street
Elmer Meissner
Doida Avenue
Sterling Grocery
F Avenue
Tcel”Bottling Works
Sixth Avenue
F. G. Ladd
Second Avenue
J. A. Peterson
Fifth Avenue
William Melhorn
N Street
Wilcox
Third Avenue
F. Cach
Second Street
Anderson Monument Company
Fourth Avenue
A. C. Stoecker
Avenue
F. Junkerman
Secondd Avenue
James Burgess
Eighth Avenue
Pearl Reece
Fifth Street
Rigi Br Han
Nagle- Lumber.company
W. EW
Gunsaults
N. H. Melchair
Avenue NE
Joel Lorenc
K Street
Harold Ammons
Maple- Won Drive
Killian Company
Mrs. P. Gatto
Harriet Bogie
James Faulkes
First Avenue E
Mary Kacere
Mount Vernon Avenue
E. Cohn and, Son, Inc
L Street
New Commercial
Cedar Rapids Building and Loan Association
Fifth Street NW
Krabbenhoft Resigns from Kwik-Way to Join Rude Auto
George W L Krabbenhoft resigns as manager of the Kwik-Way Motor Service Shop after three and a half years. He will start Monday in the Rude Auto Company sales department handling Fords and Lincoln Zephyrs. From 1914 he ran his own auto agency in Cedar Rapids.
MENTIONED IN THIS ARTICLE
George WL. Krabbenhoft
Kwik-Way Motor Service Shop, Inc
Rude Auto Company
Fords
Lincoln Zephyrs
Kwik-Way
Krabbenhoft
Cedar
Rap- Ss
Paint Industry Sees 14.4 Percent Gain in 1986 Sales
Census data from 579 firms representing about 80 percent of the market show total paint varnish and lacquer product sales reaching 382,556,555 dollars in 1986. Trade sales totaled 145,305,248 dollars, industrial sales 117,009,733 dollars, and 235 firms reported unclassified sales of 120,241,574 dollars.
MENTIONED IN THIS ARTICLE
Washington, D. C
Bureau of the Census
Levin to Speak at Cedar Rapids Retail Credit Dinner
Harry Levin of Syndicate Clothing Davenport will discuss "A Merchant's View point" of Retail Credit at the Cedar Rapids Retail Credit Association dinner Monday at 6 p.m. in the Roosevelt hotel.
MENTIONED IN THIS ARTICLE
Harry Levin
Syndicate Clothing Company
Davenport
Cedar Rapids
Produce Market Report Shows Slow Demand and Steady Receipts
The market notes few sales with steady receipts across items. Potatoes and onions show moderate or slow demand. dairy and poultry receipts are mixed with prices largely unchanged. Regions including Colorado, Maine, Wisconsin, Michigan, and Minnesota report steady or dull activity amid abundant supply.
MENTIONED IN THIS ARTICLE
Alee
Guali
Colorado
Maine
Wisconsin
U. S
Michigan
Minnesota
Metal exchange reports fluctuating copper zinc and lead prices
Metal prices show mixed moves in midweek trading. Copper held near 708 to 710 cents, zinc around 7.05, lead near 7.0, and spot values across New York and London remained steadier with slight shifts in the week.
MENTIONED IN THIS ARTICLE
Rsh Exchange
Ieortante
Mtopean
Domenica
York
New York
East St. Louis
London
Wheat prices slide as moisture hits Chicago market
Wheat declined in Chicago trading on Saturday amid heavy selling and expected weekend moisture. Gains back at mid session could not lift prices, with May contracts around 1.34 and a drop from Wednesday’s highs. Corn rose while oats and rye followed wheat, and provisions edged higher on corn strength. Receipts and shipments showed mixed signals for the week's balance.
MENTIONED IN THIS ARTICLE
Chicago
Market Wheat and Grain Prices Reported in Murky OCR
OCR fragmented notice lists wheat futures with categories yellow amber durum and dark varieties, plus oats No 3 white and other grains. Prices shown include 36 percent and 61.81 percent figures, but the data is incomplete and difficult to parse.
MENTIONED IN THIS ARTICLE
Para
Les Duran
MGOR
Ac Aigher
France Finland sign year commercial pact
Paris reports that France and Finland have signed a commercial agreement for the current year. Finland gains new quotas and France secures potential sales for French goods in Finland.
MENTIONED IN THIS ARTICLE
Paris
INS
France
Finland
Trade Level Surpassed By U S Chemicals
The American Chemical Society reports a full recovery in U S chemical exports using the 1923 25 volume as a baseline. Outgoing trade rose 13 percent to 116 902 000 while imports climbed nearly 16 percent to 79 975 000, aided by stronger U S chemical specialties abroad.
MENTIONED IN THIS ARTICLE
York
American Chemical Society
Otto Wilson
Washington, D. C
U. S
Potters To Seek New Wage Boost
East Liverpool Ohio reports a wage conference set for Atlantic City New Jersey on March 30 between pottery manufacturers and potters union officials. James M. Duffy AFL operative potters president returns from Europe to lead negotiations seeking a 15 percent raise citing higher living costs. Duffy currently in Geneva representing the AFL at an international labor conference.
MENTIONED IN THIS ARTICLE
East Liverpool
INL
Atlantic City
N. J
James M. Duffy
National Brotherhood of Operative Potters
Europe
Duffy
Geneva
Switzerland
American Federation of Labor
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Charice of
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Elec Co
Commonwealth Apts
L & Pow Co
United L & Pow
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First Avenue Holding Tere
Roosevelt Metal Ee
Interocean Securities Co
Ae i. Elec Co
Elec
L & Pow
Saeses
O's
Yva LaPlant Choste Mfg Co
Speeder Mach Corp
United L & Ryx
Interocean Reinsurance
Bishop
First Avenue Holding Company
Ence
Rossevelt
Common Co. Northweat Bell Telephone
THE
Super Corp
Sell & P Vic
Midland Mortgage Company
Ude A
Mile Whipple Agency
Insurance and Bonds
American Trust
Dial
Levin
Credit Asin
Kohrs
Davenport, la
Iowa
Third Street SE
U.S
United States
George R. Liddle & CO
Investment
American Trust Blog
Stas Meath
Tae Po Bank
Hubbard Ice € Fuel CO