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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 14, 1937

Page

31

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

East Liverpool INL Atlantic City N. J James M. Duffy National Brotherhood of Operative Potters Europe Duffy Geneva Switzerland American Federation of Labor

Also Mentioned on This Page

Charice of Firestone R. Fuel ED Soboda Securities Elec Co Commonwealth Apts L & Pow Co United L & Pow United L& Rya United L & Rys 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
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