Speedier Trains Boost Rail Passenger Revenue Focus
Railroads push high speed diesel and steam streamliners, attracting public interest with speeds up to 100 mph and enhanced comfort. Ten diesels, two steamers, $5 million outlay, total $8.5 million with seven more ordered. Passenger counts rise on Chicago Twin Cities routes and other corridors as railroads tout faster schedules and modern cars.
MENTIONED IN THIS ARTICLE
Washington
Public Works Administration
Chicago
Twin Cities
Burlington
Zephyr
Chicago Twin Cities
St. Louis
Lincoln
Neb
Kansas City
Union Pacific
Portland
Ore
Salina
Kan
Alton
Baltimore and Ohio
New York
Washington-New York
Pennsylvania
Congressional
New York Central
Santa Fe
Chicago Steel Output Rises to 63 Percent Capacity
Chicago area steel production reached 63 percent of capacity last week, up 12 points from the prior period, with recovery noted in regional mills and industrial activity.
MENTIONED IN THIS ARTICLE
Chicago
Wool Market Movements Reported in Boston
The U S Department of Agriculture notes light activity in the Boston wool market with few spot sales of greasy combing wools. Prices stay near monthly ranges as mills avoid firm commitments awaiting future demand. A spot sale of fine Ohio delaine closed at 36 cents grease with nominal quotes for combing grades around 36 to 37 cents and 41 to 44 cents for various finer and blood grades.
MENTIONED IN THIS ARTICLE
Boston
U.S. Dept. Agricultures
Ohio
Foreign exchange rates listed with world currencies
New York reports ease in exchange rates with many currencies quoted in cents or percentages. Notable figures include Great Britain 496, France 6.61, Italy 7.99, Germany 40.43, Tokio 28.89, Shanghai 30.12, Hongkong 32.85, Mexico City 27.85, Montreal in New York 99.68, New York in Montreal 100.31.
MENTIONED IN THIS ARTICLE
NEW York (Ap
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Austria
Hungary
Tokio
Shanghai
Hongkong
Mexico City
Montreal
New York
Sugar Market Summary in New York Upturn
Raw sugar futures rise by 1 to 2 points while trading remains unchanged. Refined sugar prices hold steady as market activity shows limited movement in New York.
MENTIONED IN THIS ARTICLE
New York
Unfavorable U S Trade Balance Reported for February
Washington reports February trade data showing a deficit of 10 191 000 with imports at 192 821 000 and exports at 82 630 000. Increases over February 1935 occurred in tobacco petroleum products machinery automobiles and unmanufactured cotton with tobacco exports valued at 11 289 000 and notable rises in electrical apparatus industrial machinery and agricultural machinery. Trade with Italy declined slightly and exports to Ethiopia fell sharply.
MENTIONED IN THIS ARTICLE
Washington
INS
United States
Commerce Department
Italy
Ethiopia
Real Estate Transfers in Cedar Rapids Area Courthouse Records
A sequence of real estate deeds shows transfers in Cedar Rapids and surrounding additions. Henry Schuchmann and others convey parcels in Vernon Heights and West Highland. various grantees include Chester Barth, Raymond Strang, Ed Weingard, J C Wilkin, Paul Jerabek, Levi Wheeler, Otto Ogden, and John Shomler with nominal sums and statutory valuations. Dates range from 1933 to 1936 with parcels in blocks and platted additions.
MENTIONED IN THIS ARTICLE
Henry Schuchmann
Charles Weichman
Vncom
Chester A. Barth
Vernon
Cedar Rapids
Ardis Bethiah Stewart Hollyer
Benjamin W
Bertha E. Eby
Ords
Valcon
Henry Schuchman
Peter Stemper
Raymond
Irene Strang
Ed F. Weingard
H. J. Cousins
West Highland
J. C. Wilkin
Alice M. Wilkin
McClenahan and Buch
D. W. Bates
Iowa State Laws Bank
Paul Jerabek
Carp
Meda Denison
Anton Jerabek
L. E. Crabbs
Otto O. Ogden
Granett Crabbs
Nita T. Maxwell
John W. Shomler
Production of Automobiles Near 1929 Peak This Spring
Robert M. Ross reports Detroit shows auto factories accelerating in March toward the highest output since 1929. Despite cautious pacing, demand signals from wholesale orders suggest a strong spring. General Motors leads in 1936 sales with 671,898 cars shipped to dealers or exports in four months and a field stock of 88,530 cars.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Flood Touched Market as Flood Damage Persists
Flood waters weighed on stocks with moderates losses in steel, rail, and other majors while reconstruction plays drew demand. Volume sank to 840,486 shares as the AP average slipped 0.3 to 61.9. few issues showed vigor amid scattered gains and notable declines in American Telephone and U S Steel.
MENTIONED IN THIS ARTICLE
New York
Associated Press
J. I. Case
International Harvester
Stone and Webster
Thompson-Starrett
Penn- Dixie Cement
Lehigh Portland Cement
American Telephone
American
U. S. Steel
N. Y. Central
General Motors
Bethlehem
Standard Oil of
New Jersey
Market at a Glance Press Summary
Stocks rise in building and power shares while rails improve. utilities ease. Call money at 4 percent, dollar strengthens, cotton steady, wheat unchanged, corn down, rubber up about 3 points.
MENTIONED IN THIS ARTICLE
NeSee Press
Chicago
Cedar Rapids Bank Statement Under Iowa Law
A Linn County Iowa bank report shows assets of 4 276 047 24 with deposits and loans. Officials including T R Warriner and Paul Huston swear the figures are true with notary Birch witnessing on March 21.
MENTIONED IN THIS ARTICLE
United States
State OF
Iowa
County OF Linn
SSI
Mark J. Myers
Helief MA Myers
Daarehe
Olive Spicer
John M
Cedar Rapids
Linn
Ee Eee
Brock
Sic
Linn County
Wenk C. Khay
Warriner
Paul H. Huston
Wm. Rinderknecht
Ervin F. Stepanek
Brett Dishong
T. R
WM Est, JR
Ervin F. Panek
Frank C. Welch
Paul Hston
T. R. Warriner
Oy Sderknecht
Toin PF. Stepanek
United Air Lines Reports 1935 Loss Despite Gains
United Air Lines Transport Corp. set records in passenger and cargo volume in 1935 but posted a net loss of 1392 dollars due to inadequate air mail pay per pound mile. President W A Patterson cited the same in the annual report. The loss equaled one third of a mill per share, after last year’s loss of over 2.28 million dollars. Curtiss-Wright’s 1935 net profit fell to 2886 dollars from 359,737 in 1934, per the report.
MENTIONED IN THIS ARTICLE
Chicago
United Air Lines Transport Corporation
W. A. Patterson
Curtiss-Wright Corporation
Domestic Copper Prices Unchanged in New York Markets
Foreign copper prices were reported at 9.05 to 9.10 cents a pound CIF European ports, matching Friday. Domestic copper held at 9.25 and 9.50 cents per pound, with lead at 4.60 New York and 4.45 East St. Louis, zinc at 4.90 East St. Louis, tin dull at 48% off, and antimony steady at 134% bid and 131% asked.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Census data show U S cotton spindles in February
The census bureau reports on February 29 there were 28,864,406 cotton spinning spindles in place in the United States. Of these 23,337,070 were operated at least once during the month, versus 23,323,958 in January and 24,916,758 in February a year ago.
MENTIONED IN THIS ARTICLE
Washington
INS
Census Bureau
United States
Abstraction keys good bridge play in trump hands
The World Of Bridge notes the value of abstraction in bridge. When playing a trump contract the declarer's and dummy hands must be treated as a unit. The article uses a hand where South is the dealer and both sides are vulnerable to illustrate the concept.
MENTIONED IN THIS ARTICLE
West
Dummy
South
East
North
Declarer
Free Bridge Booklet and a Bridge Problem Feature
Readers can obtain a free copy of Bridge Rules and Etiquette by Josephine Culbertson through The Cedar Rapids Gazette with a stamped self addressed envelope. The article discusses a bridge deal and strategy, presenting brain twisters and solutions, including a 1936 copyright note.
MENTIONED IN THIS ARTICLE
The
Gazette
Josephine Culbertson
Culbertson
Cedar Rapids Gazette
Easter retail advance hit by floods and cold weather
A national retail advance was crushed last week by floods storms and cold weather with gains in unhit regions offset by flooding. Department stores and wholesale firms reported improvement in areas spared by the floods while eastern districts faced disorganization.
MENTIONED IN THIS ARTICLE
Department of Commerce
Associated Press
Princip’l Federal Reserve
New York
Chicago
St. Louis
Kansas City
San Francisco
Far West
Probate Notice of Will for Fred A Hefty in Iowa
Notice is given that on March 31 1936 at 9 o clock A M an instrument claiming to be the Last Will and Testament of Fred A Hefty of Linn County Iowa will come before the District Court for hearing proof and admission of said will to probate. Cedar Rapids Iowa March 19
MENTIONED IN THIS ARTICLE
State of Iowa
Linn County
District Court
Fred A. Hefty
Cedar Rapids
Iowa
Wheat closes unchanged to lower on rains forecast
Chicago market report shows May wheat recovering losses to end unchanged while new crop months close lower. Overall week prices declined, with ethanol and liquidity sales in corn and oats continuing. Wheat receipts for the week totaled 2,415,000 bushels, vs 967,000 in the prior year period.
MENTIONED IN THIS ARTICLE
Chicago
Winnipeg
Buenos Aires
Bond market nudges higher on light Saturday turnover
The bond market rose modestly on light turnover as utilities pushed the AP averages past the 1936 high. Railroad bonds firmed due to flood relief prospects, with Baltimore and Ohio 6s New Haven 6s and Pere Marquette 6s among advances while some industrials lagged. Treasury issues rose slightly and foreign bonds were mostly unchanged. Transfers totaled 6.041 million par, the lowest for a Saturday since 1935.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
Baltimore & Ohio
New Haven
Pere Marquette
Denver Gas & Electric
Tennessee Electric Power
U. S
Treasury
Rail carloadings decline for week ended March 14
The Association of American Railroads reported 616,862 freight cars loaded the week ended March 14, down 17,966 from the prior week but up 19,431 from the same week last year.
MENTIONED IN THIS ARTICLE
Washington
INS
Association of American Railroads
Also Mentioned on This Page
Streamline Diesels
Public
William 8S. Ardery
Hiawathas
Hiawatha
Milwaukee
Maine
Maine Central
Bangor
Providence
Gulf Mobile and Northern
Jackson, Tenn
New Orleans
City of
Merchants National Bank
Federal Reserve Bank
Dave
New Federal Reserve Site
Federal Reserve
U.S
Mile Whipple Agency
Insurance and Bonds
American Trust
Dial
Robert M. Ross
Universal Service Automobile
Maryland
Cotveis
Ies
Nor Amer
Amer
Oane Quarterly Inc
Peoples Savings Bank
Birch
Pubtein
Ie Linn County
United Air Lines
South West North East
Rader Winget
Associated Press Financial Writer
Edwind W. Lundquist
Carl F. Jordan
Leo G. Ulich
the Mutual Life Insurance CO
Mer
Bank Ride
Insurance Co
Midland Mortgage Company
Prudential Insurance Company of America Home Office
Newark
ABC
Dickinson Teachantel School
Cedar Rapids Savings Bank
V.L. Dodds
W. T. Sands
Second St. NE
Perpetual Savings & Loan Association
Third Street
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