Scrap Exports Trigger Battle Over U S Armament Supply
A heated debate grips Congress over exporting scrap iron and steel used by U S steelworks to armaments abroad. Industry leaders warn high prices and supply risks threaten national defense, while junk dealers insist exports are a minor share of production. The Institute of Scrap Iron and Steel opposes export bans, while industry spokesmen push for presidential licensing.
MENTIONED IN THIS ARTICLE
Europe
Congress
America
Independent Steel and Non Yroducers’ Committee On Scrap
Asia
Japan
England
Germany
Italy
Institute of Scrap Iron and Steel
New York
Philadelphia
Boston
Norfolk
Baltimore
Retail Sales Advance Across Cedar Rapids and State
Retail sales in Cedar Rapids totaled 428 300 in March from 31 firms, up 163 percent from March 1936. Statewide sales by 531 independent retailers reached 5 285 700, with Easter shifting in March boosting gains. Des Moines showed a 2 percent drop, while Davenport led statewide increases at 24 percent.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Department of Commerce
Bureau of Foreign and Domestic Commerce
Washington, DC
Davenport
Des Moines
Local Firms Pay 1936 Unemployment Tax in Iowa
The Iowa unemployment compensation commission reports 258 Cedar Rapids employers with eight or more workers paid the 1 percent 1936 payroll tax. Total 4 624 town employers paid the federal tax $2 T1B.46 with 702 outside concerns contributing to the Iowa fund.
MENTIONED IN THIS ARTICLE
Iowa Unemployment Compensation Commission
State Employment Service
First Avenue SE
Lloyd C Grover
Cedar Rapids
Towa Fund
Chingo
New York
Linn County Mortgage Report April 23 29
Linn County Abstract Company's report lists 17 conveyances and 35 mortgages for the week of April 23 to 29, totaling 73 775 89 dollars. It compares with the same week last year when 42 conveyances and 30 mortgages totaled 64 607 00 dollars.
MENTIONED IN THIS ARTICLE
Linn County Abstract Companys
New Identification Card For Cars And Owners
Local patrolman Virgil Powell proposes a durable two column card stored in car upholstery above the windshield. It includes owner and car details plus ten fingerprint spaces to verify identity when questioned away from home. Russell Schroeder leads the Identifi cation Device Co for production and distribution.
MENTIONED IN THIS ARTICLE
Virgil Powell
Powell
Russell C Schroeder
Schroeder
Identification
Russell C. Schroeder
Trends in Business Reported by United Press Markets
United Press reports several companies posting first quarter profits per share and annual profits. American Bank Note Co and subsidiaries show 26 cents a share on profits of 3.210 million. American Tire and Traction Co posts 12 months ending March 32 profit of 182 per share. Budd Wheel Co. reports 26 cents a share. Darby Petroleum Corp shows 126 cents. Hamilton Watch Co 26 cents. Monsanto declares 50 cent dividend. Natomas Co reports 24 cents a share. American Investment Corp shows 7.790 or 4.65 per common share. Steel mills in Pittsburgh plan capacity gains next week amid rising rates. Total sales on stock exchanges noted.
MENTIONED IN THIS ARTICLE
United Press
American Bank Note Co and Subsidiaries
Amerian Tight and Traction Co and Subsidiaries
Snccome
Budd Whee! Co
Darby Petroleum Corp
Hairton Watch Co
Ace Monsanto Cliemical Co
Natomas Co and Subsidiaries
Senay American Investment Corp
Pittsburgh
Ned Cins Corp
Return From Visit At Hupp Motor Plant
Scott McIntyre head of Scott McIntyre and company returned Thursday from Detroit with his sales organization after a visit to the Hupp Motor company plant where the group went through the plant and conferred with recently reorganized corporation executives. Those who accompanied Mr. McIntyre were A. L. Augustine, Lynn G Swaney, Gilbert M. Bates and Allen W. Thompson of Cedar Rapids. John B Thompson and Leroy Caldwell of Iowa City. and Howard A. Miller of Waterloo.
MENTIONED IN THIS ARTICLE
Scott McIntyre
Scott McIntyre and Company
Detroit
Hupp Motor Company
Corporation
Mr. McIntyre
A. L. Augustine
Lynn G Swaney
Gilbert M. Bates
Allen W. Thompson
Cedar Rapids
John B Thompson
Leroy Caldwell
Iowa City
Howard A. Miller
Waterloo
Local Securities and Stocks Listing Summary
A scanned page lists nominal and market data for securities from Iowa and neighboring firms. It includes price bids and asks for utilities, transit, and gas companies, along with a section on common and preferred shares such as Blackhawk Perry Corp and Rath Packing Co. Market quotes show various percentages and serial notes for Ames and Sioux City entities.
MENTIONED IN THIS ARTICLE
Cen
Interstate
Iowa
Town
Iowa Southern
Iowa Univ Stadium
Sioux City Gas and
Elec
DRE
Cedar Falls
Blackhawk-Perry Corp
States Pr
Lt. Corp
Interstate Power Co
Iowa Southern Utls Co
Town Southern Utls Co
Rath Packing Co
Sioux City Gas and Elec Co
Western Grocer Co
Western
Gazette
Cedar Rapids
First States Elee Co
Ave Hotel
Roosevelt
Elee
United
Maine
Delaware
Bishop
Elec Co
Wheat Prices Rise Slightly in Quiet Chicago Market
Wheat futures gained about a cent as reports from the winter wheat belt pointed to moisture shortages in Kansas and Oklahoma. Private and official estimates varied, with spring shipments and Argentine corn arrivals weighing on the corn market. hog price declines supported meat products.
MENTIONED IN THIS ARTICLE
Chicago
Kansas
Oklahoma
Winnipeg and Chicago Market Wheat Prices Mixed
Winnipeg markets show May wheat at 132 138 percent, July at 129 139, Oct at 120 119. Chicago cash provisions list No 1 hard 138 1/4, corn No 3 yellow 136 1/4 to 137 1/2, oats varying from 46 1/2 to 53 4/4, barley seed around 75 to 90 cents, timothy and clover seeds also noted. lard and bellies priced with ranges.
MENTIONED IN THIS ARTICLE
Chicago
Lamson. Brothers Co
Owrey
Cedar Rapids
Merchants National Bank
Winnipeg
Timene
Minneapolis Cash Grain Prices and Receipts Report
Receipts total 32 cars, well below last year’s 85. Wheat quotes include Lachisher No 1 heavy dark Northern 60 pounds at 1.445, No 1 hard Montana 140 percent protein at 1.385, No 1 dark hard Montana winter 1.315, hard amber durum No 1 1.274, No 1 red durum 1.287. Corn No 2 yellow 1.35 1.36, 2. oats No 3 white 0.04 0.514.2.
MENTIONED IN THIS ARTICLE
Minneapolis
Montana
Markets Report Chicago Produce Prices and Receipts
Chicago market receipts for butter eggs live poultry and potatoes show steady to unsettled pricing with mixed quality products and regional variations. Idaho Maine Wisconsin Texas Alabama Louisiana supplies, demand, and stock levels influence current values across U S and New York markets.
MENTIONED IN THIS ARTICLE
Chicago
Idaho
Alabama Bliss
Louisiana
Bliss
U. S
New York
Express
Europe’s Boom And Bluff
Special report by John F. Chapman analyzes Europe’s peace scare and rearmament drive. Britain’s 7.5 billion arms program dominates the mood as nations balance war fears with talks of peace. France, Germany, and the Soviet Union show wary postures amid a reshaped European balance of power.
MENTIONED IN THIS ARTICLE
Britain
United States
Soviet Union
Germany
Markets of World Highly Erratic Highlight Global Trade
World commodity and security markets swing wildly amid a brighter European peace outlook. Analysts note gains in steel production electric power output and carloadings while wholesale trade remains quiet. Tax deadlines in Iowa and federal old age benefits are announced with due remittance dates.
MENTIONED IN THIS ARTICLE
Associated Press
Department of Commerce
Schedule Of May Tax Payments By Iowa Taxpayers
May schedule for payment of taxes by Iowa corporations and individuals compiled by the Cedar Rapids Chamber of Commerce tax committee. May 1 was the last day to file state income tax for fiscal year ending Jan 31 1937 with remittance to the Iowa treasurer. May 15 is the last day for federal income tax filing for FY ending Feb 28 1937.
MENTIONED IN THIS ARTICLE
Internal Revenue
State of
Iowa
Cedar Rapids
Heinz Co Building Two New Factories
Heinz plans two new plants a strained foods facility at Medina New York and a tomato products factory at Fremont Ohio. The Medina building features modern kitchens and a four story central section emphasizing worker comfort. Fremont sits on a 25 acre site with 1500 acres of tomatoes being contracted for supply.
MENTIONED IN THIS ARTICLE
Pittsburgh
H. Heinz Company
Medina
Fremont
Ohio
National Citizens Mutuals to Meet in Red Wing District
The National Citizens Mutuals of Red Wing Minnesota will hold a district meeting at the Montrose hotel on Tuesday to discuss agency problems. Iowa sessions are arranged by L. W. Beldon state agent.
MENTIONED IN THIS ARTICLE
National Citizens Mutuals of
Red Wing
Stocks Show But Little Alteration
New York stocks opened strong but edged lower as the session ended. Major issues like U.S. Steel and Bethlehem Steel retreated, while Atchison and railway shares dipped or held marginal gains. Motor and copper stocks softened and trading totaled about 550,000 shares amid limited foreign market activity.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Bethlehem Steel
Atchison
New York Central
Southern Pacific
Howe Sound
Motors
General Motors
Chrysler
Yellow Truck
Montgomery- Ward
Natomas
Also Mentioned on This Page
John Lear
EW York
Sas
Jake
Institute of
Scsaphien and Steel
Darewin Luntz
Canton Ojo
Institute
Phil W. Frieder
Cae Canted
Protean
Real Estate and Mortgage Reports
Thompson Fhate
Stock Exchange
Marble Hall
Washington D. C
Board of Governors
Federal Reserve System
Hupp Motor Plant
Local Securities
Iowa Securities
Peter Fox Sons Co
Hiech
May
AHC
Dickinson Secretarial School
Cedar Rounds Savinga Bank
John F. Chapman
New York City
George T. Chapman
Second Avenue SW
Business Week
Chapman
The
John Forrest Chapman
Spain
Belgium
Czechoslovakia
Mediterranean
Rome
London
Paris
Foreign Office
France
Russia
Second Street
DIAL
Heinz Co
Chicasha
Young Spring
Federal Reserve Banks
Mile Whipple Agency
Insurance and Bonds
American Trust
Home Loans
Federal Home Loan Bank System
Third Street SE
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