Unexpected Gain In Motor Sales Stimulates Upturns
The article notes an unexpected rise in motor production and improved residential building and cotton manufacturing, with gains in retail and wholesale trade. It discusses steel output slipping, carloadings dipping, and electric power rising, while business confidence strengthens as fear of war eases and underlined sectors like shipbuilding and machine tools. The commerce department reports higher Wayne County car sales and rising bank clearings, with an Associated Press index of industrial activity up to 82.9.
MENTIONED IN THIS ARTICLE
Leonard Ayres
Cleveland
Ward
Commerce Department
Wayne County
Michigan
Labor Department
Associated Press
Linn County Real Estate Conveyances and Mortgages
Conveyances total 66 and mortgages 43 were recorded in Linn County May 12 to May 17, with mortgages totaling 81 700 dollars. This compares to the same week last year when there were 89 conveyances and 35 mortgages totaling 92 200 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Reed and Schlack buy and sell city homes in Beaumont
Mr and Mrs Porter D Reed sold their Bever avenue SE residence to Mr and Mrs Frank B Schlack of 416 Seventeenth street as an income property with tenants to remain. Fred B Collard and company also sold a second house at 922 E avenue NW owned by Mr and Mrs Frank L Shramek or Mr and Mrs Vernon L Pickern who will take possession later.
MENTIONED IN THIS ARTICLE
Porter D. Reed
First Avenue E
Bever Avenue SE
Grande Avenue SE
Vernon L. Pickern
Bill Barron To Award Certificates At Cedar Rapids Tune-Up School
Forty auto mechanics from Cedar Rapids and nearby areas will receive diplomas next Wednesday at a graduation dinner hosted by William J. Barron president of Barron Motor company. The twelve week course was directed by L R Grigg with help from local staff at Roosevelt high school.
MENTIONED IN THIS ARTICLE
Bill Barron
Cedar Rapids
Allen Motor
William J
Bill” Barron
Barron Motor Company
Elks Club
L. R. Grigg
Roosevelt High School
Grigg
Floyd Brimer
J. H. Koffron
Stanley Reeder
Wilbert Brender
J. P. Hogan
Mahlon E. Cook
Arnold F. Barta
C. W. Stuber
Bill Hogan
T. H. Strasburger
W. E. (Walter) Kadlec
Myrle McEldowney
John Cabalka
C. H. Perkins
F. F. Brown
Godfrey Splichal
Joyce Underwood
Jack Tubbs
Verne Leeks
W. P. Andrew
Dean P. Haworth
Donald Schremp
Dick Lucore
George A. Rees
H. M. Gardner
al Kretschmar
John Luke
Joseph Frycek
Leon Mensing
Charles Waters
London
John Keiper
Carl E. Kerkman
Newhall
Joe Sofken
Victor
W. B. Kurth
T. H. Rowell
F. O. Haug
Manchester
Jean Britcher
Stanwood
H. D. Woods
George Kolda
Marion
C. W. Cave
Lisbon
J. S. Cunningham
Waubeek
M. B. Geesey
Central City
Trends of Business May 20 1939 Cigaret output and power bills
In April cigarette production reached 12 269 248 887 units while March output was higher at 14 243 656 930 and a year ago 12 526 722 723. Department store sales rose 22 percent from year ago while the prior week showed a 3 percent drop. Major corporate results include Callahan Zinc Lead Co a quarterly net loss of 18 855 while Commonwealth and Southern system output rose in electricity and gas. Consolidated Railroads of Cuba posted 63 037 in net income for the quarter, and United Airlines Transport Corp showed a quarterly net loss of 419 085.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Corporation News
Callahan Zinc-Lead Co
Commonwealth and Southern Corp
Consolidated Railroads of
Cuba
Cuba R. R. Co
Gaylord Container Corp
Pioneer Gold Mines of B. C. Ltd
Standard Gas and Elec. Co
United Airlines Transport Corp
United Cigar- Whelan Stores Corp
Markets At A Glance United Press Summary
Markets at a glance show stocks higher and quiet with firm bonds. U S governments edge lower while Chicago stocks move irregularly. Foreign exchange remains steady against the dollar. Cotton futures hold steady as grains in Chicago ease about half a cent. Rubber futures steady and silver slips one sixteenth penci to 20 16 pence in London.
MENTIONED IN THIS ARTICLE
United Press
U. S
Chicago
London
Wheat Prices Irregular In Saturday Trade
Chicago wheat futures showed mixed movement on Saturday with May closing 2 cents higher as weather concerns and rains in the northwest supported prices. July and September fell modestly while rye strengthened before retreating. Corn and oats edged lower or steady, with large bookings to arrive and international markets showing slight declines.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago Board of Trade
Southwest
Liverpool
Winnipeg
Commodity price report from Chicago AP
Wheat and corn prices listed by grade with bids for No. 3 red and No. 2 yellow corn. Soybeans No. 2 yellow at 97 cents. Timonthy and clover seed quotes included. Light seed prices shown for alfalfa and bellies.
MENTIONED IN THIS ARTICLE
Chicago
C. Arley
Timothy
Ted Top
Wheat Receipts and Prices Dated From Minneapolis Market
Minneapolis AP report shows Saturday wheat receipts at 356 cars, down from 69 last year. Quotations list various grades like No 1 dark northern and hardMontane winter with prices around 8253 to 785, and durum and amber varieties. corn yellow No 2 quoted near 46 to 47, with white oats around 30 to 31.
MENTIONED IN THIS ARTICLE
Minneapolis
Local permits issued for homes and garages last week
Local blog lists numerous permit actions: reroofs, remodels, and new garages or dwellings. Notable entries include Frank L. Buser with a new dwelling at 2424 E avenue NE for 3000 dollars and Mrs. Hazel Babcock remodeling at 517 Ninth Street SW for 2543 dollars.
MENTIONED IN THIS ARTICLE
W. C. Drakozal
Fifteenth Street
D. Walcott
M Avenue
C. W. Johnson
Third Street
T. G. White
Center Point Road
Hazel Babcock
Ninth Street
Anthony Homolka
Fred B. Ellsworth
Avenue
C. J. Stone
Sixth Street
D. A. Noah
D Avenue
Hanry
Eighteenth Avenue
Carl Wietsy
E Avenue
Ben Dietz
Oakland Road
S. M. Hill
Frank L. Buser
Alma E. Owen
C Avenue
Bedell-Nissen Company
Zika Avenue
Thomas A. Engle
Fifth Avenue
Frank Popelka
C Street
Ella D. Smith
Ah Street
Anna M. de Castello
J Avenue
Week's Most Active Stocks on the New York Stock Exchange
The week saw renewed pressure on leading stocks with U S Steel hitting a new yearly low while overall market selling eased. Short positions covered toward the close and a rally was seen possible if Roosevelt's upcoming speech favors big business. The article lists the 12 most active stocks.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
U. S. Steel
Shorts
Roosevelt
Dairy Equipment From Cedar Rapids Featured At New York Fair
Cedar Rapids manufactured Cherry-Burrell dairy equipment is shown at the New York World's Fair. The exhibit, sponsored by Cherry-Burrell, outlines milk purity control with three dioramas on barn setup, modern plant precautions, and laboratory testing. It highlights a 500 gallon spray cooler, 1,000 gallon raw milk tank, and other stainless steel components in active use at the fair displays.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cherry-Burrell Corporation
National Dairy Products Company
Borden Company
Cherry Burrell Corporation
Borden
Dairy World of Tomorrow
National Dairy Products
Sheffield
Cherry- Burrell Corporation
Remodellings and Roofs Across City Streets
A list of residents and firms undertaking home improvements and repairs with costs. Projects include reroofing remodels and new garages across multiple streets and avenues in northwest northeast and southeast districts. Notable entries include Forrest Stewart new commercial project valued at 3000 dollars and J Blaine reroofing at 125 dollars.
Bank Clearings Rise With Summer Sales in Cedar Rapids
Cedar Rapids Clearing House reports total bank clearings of 1 349 942 51 for the week ending May 20 up from 1 024 306 19 the same week last year. For the week ending May 13 clearings were 1 116 772 12.
MENTIONED IN THIS ARTICLE
Cedar Rapids Clearing House
Copper and tin Prices Hold Steady Amid Markets
Copper steady in New York with spot between 10.00 and 10.50 and export at 9.97 to 9.99. Tin stable at 48.37 to 48.87. Lead also steady with New York at 4.75 to 4.80 and East St. Louis at 4.60. Zinc steady with East St. Louis forward at 4.50. Pig iron aluminum antimony quicksilver platinum and Chinese wolframite unchanged.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
May Drug Company Manager Buys Home
O H Christensen manager of May Drug company bought a new home at 25000 avenue NE from O H Lundquist. The sale was brokered by Tait and Wagner in cooperation with Bruce A West and company. The firm also handled transfers at 1155 K Avenue NW and 425 Memorial Drive SE, plus a HOI loan home at 427 Fourteenth Street, Marion.
MENTIONED IN THIS ARTICLE
O. H. Christensen
May Drug Company
Avenue NE
O. H. Lundquist
Tait and Wagner Company
Bruce A. West and Company
K Avenue NW
Gertrude Miner
A Avenue NE
Leslie J. Crawford
Sixth Street NW
Memorial Drive
Charles Seebach
Home Owners Loan Corporation
Fourteenth Street
Marion
Charles Lazio
Anamosa
Seventh Street
Mount Vernon
Home Owners Land Corporation
Christooor Babcock
Mrs Mary Ludman Buys Residence at 1945 Grande Ave
Mrs Mary Ludman of 1625 Washington Avenue SE purchased the C S Mahaffy residence at 1945 Grande Avenue SE as an investment. The former owners will remain living there for the time being. The sale was handled by Floyd H Knapp.
MENTIONED IN THIS ARTICLE
Mary Ludman
Washington Avenue SE
C. S. Mahaffy
Grande Avenue SE
Floyd H. Knapp
Dow Averages Mild Gains Amid Mixed Market Mix
DOW average edges higher with modest gains led by utilities and rails amid a broad trading backdrop. Industrials and transportation show varied moves as volume clusters around 29,200 to 65 stocks traded across sectors.
MENTIONED IN THIS ARTICLE
DOW Corr
Ds. Ped
Undg
Isis
Ode Os
PAS Ce
Utilities
Cedar Rapids Civil Service Chief Named Mutual Life Manager
Edw E Lowe longtime Cedar Rapids civil service commissioner and active Mason has been appointed district manager for Mutual Life Insurance Co of New York with offices in the American Trust building. The district covers Linn Jones and Delaware counties. Lowe has served six years on the civil service commission and is a past master of Mount Hermon lodge plus current credentials committee chairman of the grand lodge.
MENTIONED IN THIS ARTICLE
Edw. E. Lowe
Cedar Rapids
Seven Houses Change Owners In Ten Days
Seven residential properties were reported sold through Bedell Nissen company in ten days. Buyers include Gilbert Price who will take possession June 1 at 852 Eleventh Street NE, Neils Jensen taking 630 Nineteenth Avenue SW on June 1, W H Burwinkle gaining 222 Twenty seventh Street NE on July 1, and Charles P Buresh to 415 Fifteenth Street SE on July 1. Additional transfers include Galyn Peterson at 1333 B Avenue NE on July 15, E Taylor at 2443 J Street SW on September 1, and Nora E Nelson estate to C L Burke at 521 Fourteenth Street NE. Sale arranged with Malcolm V Bolton Co. Signed transfers list multiple parcels and dates.
MENTIONED IN THIS ARTICLE
Bedell-Nissen Company
Gilbert Price
Eleventh Avenue
Eleventh Street
Perpetual Savings and Loan Association
Neils Jensen
First Street
Nineteenth Avenue
Gleason Nandell
W. H. Burwinkle
Thirty Fourth Street
Twenty -Seventh Street
Harold Millhiser
Charles P. Buresh
Seventh Avenue
Fifteenth Street
Jennie
Helen McArdle
Galyn Peterson
Grand Avenue
B Avenue NE
J. E. Cummins
E. Taylor
J Street
Adolph Rubek
Fourteenth Street
Nora E. Nelson
C. L. Burke
Avenue NW
Malcolm V. Bolton and
Iowa Securities Bonds and Stocks Summary
Central States Power Co and Iowa Public Service Co show varied bonds yields around 5 to 9 percent with issues dated 1960 to 1968. Southern Utilities reports price levels near 102 to 106 while Sioux City Gas and Electric and related utilities display mid range quotes. Preferred stocks and common shares from regional utilities appear with modest gains and mixed marks.
MENTIONED IN THIS ARTICLE
the Gazette
Cedar
Iowa
BOND
Central States
Elec. Co
Olding Rooseve Holows Elec. Co
Wem
United
United Lt. & Pr
United United
United Lt
Delaware
Omer
Lt & Ar
Lt & Pr
LaPlant, Coate Mfg. Co
United Pew Eeeer Ee
Central States Pt. & Lt
SOS Ie
Tong, Public Service Co
Owas Public Service Go
Owa
Southern Utilities
Toms Southern Utilities
Towa Southern Utilities Co
Sioux City Gas & Elec
Stock Market Makes Further Progress On Recovery March
New York market shows gains as production and steel shares rebound after auto sheet price battles. U S Steel and Bethlehem rise while Chrysler and General Motors climb. Volume reaches 190000 shares and bonds stay firm amid a quiet market.
MENTIONED IN THIS ARTICLE
Chrysler Motors
U. S. Steele
General Motors
Ten
Left, Inc
General Electric
Bethlehem Steel
Cons. Edison
Montgomery Ward
New York Central
Bendix Aviation Seerees
Radio Corporation
James E. Bennett & Co
Natl’ Bank Bldg
W. H. Jump
Res
Building Activity and Business Changes in East Iowa Towns
Delta Jodie Zears and Altha Greenlee remodel the north room of the Greenlee hardware into a motion picture theater. Riverside F W Schnoebelen plans a Lone Tree branch after leasing a building next to the Lone Tree Locker plant. Vinton Joe C Carrier and associates buy a Venetian blind plant in Austin Texas with Carrier as president and Robert Brinton as vice president. Brinton formerly led a Washington Iowa firm and resided in Vinton during state banking receivership work.
MENTIONED IN THIS ARTICLE
Iowa
DELTA
Jodie Zears
Altha Greenlee
Greenlee Hardware
Riverside
F. W. Schnoebelen
Schnoebelen Produce Company
Lone Tree
Vinton
Joe C. Carrier
State Bank
Austin
Tex
Carrier
Robert Brinton
Houston
Brinton
Washington
Iowa State Banking Department
Clermont tohouse new variety store in former meat market
John J. Kaveny of Monona rents the former meat market from Farmers' Savings Bank and plans a variety store after needed improvements are completed.
MENTIONED IN THIS ARTICLE
Clermont
John J. Kaveny
Monona
Farmers’ Savings Bank
Marion property sold to Edaburn. Cedar Rapids firms aid
The business property at 665 669 Eleventh Street Marion owned by the Perpetual Savings and Loan Association of Cedar Rapids was sold to Vernon H. Edaburn who has been leasing part of the building. The Bedell Nissen company of Cedar Rapids and C. E. Pearson of Marion completed the transaction.
MENTIONED IN THIS ARTICLE
Marion
Eleventh Street
Perpetual Savings and Loan Association of
Cedar Rapids
Vernon H. Edaburn
Bedell-Nissen Company
C. E. Pearson
Newcomers Runkels Rent Home on Twentieth Street SE
Newcomers Mr and Mrs Sylvan Runkel moving from Greenfield Iowa have rented the house at 955 Twentieth Street SE currently occupied by Mr and Mrs Carl H Reece who plan to move June 10 to Mechanicsville. Mr Runkel works in soil conservation locally.
MENTIONED IN THIS ARTICLE
Sylvan Runkel
Greenfield
Twentieth Street
Carl H. Reece
Mechanicsville
Runkel
Store Building Erected on Third Avenue SE
Construction of a one story store at 606 608 Third avenue SE started last Tuesday by Morehead Frederikson for Forrest W Stewart. The brick front and cinder block sides will house two rental store rooms and the building is to be completed by July 1.
MENTIONED IN THIS ARTICLE
Third Avenue SE
Morehead-Frederikson Company
Forrest W. Stewart
Plums baked in thin dough wrap popular in Czechoslovakia
In Czechoslovakia a dessert featuring plums cooked inside a light pastry crust is widely favored. The dish combines sweet fruit with a delicate dough, highlighting a traditional regional treat.
MENTIONED IN THIS ARTICLE
Czechoslovakia
Also Mentioned on This Page
Wall Street
Thomas E. Flanagan
Real Estate and Mortgage Reports
E. Cohn and Sons
9Th Ave
Joseph Kushner and
Second Street
Cash Grain
Ty-Fourth Street
J. H. Rhinehart
Ellis Boulevard
T. W. O’brien
B Avenue
C. R. Keffe
A Avenue
John Blaine
Park Avenue
Russell Ice Cream Company
J. P. Curtis
C Avenue NW
Dot Parson
D. Einekes
G. H. Wieland
Wellington Street
G. Pusateri
First Avenue
W. Roy Harger
Nineteenth Street
Clarence Young
Ninth Avenue
H. S. Taylor
Royal Lambert
Kenmore Street
A. W. Klassen
Mount Vernon Road
Forrest Stewart
Second Avenue
Metals Market
Lamson Brothers and Company
H. Rowrey
Merchants National Bank
Sanford
Mahaffy
Edw
Local Securities
Iowa Securities
Cyn Sl States Pr
Lt. Corp. Sner A Ee Ee
Ate Power Co
Tyouthern Allies Co
Pittsburgh
Bethlehem
Chrysler
J. I. Case
International Harvester
Phelps Dodge
Texaco
Air Reduction
Johns Manville
American Car and Foundry
Philip Morris
American Telephone
U. S. Treasuries
Maryland Funder Mass Investment Truth
Aesee Tee
Nor Am Tr
Std Oil
Newcomer Rentals
Harvey C. McClary
National Life Insurance Company
C. V. Shepherd Agency National Life Insurance Co
Montpelier, Vermont
Dows
Robert OC
John B. Heidel
Cedar Rapids, Iowa
Edwin C. Evans
Welcom
W. Reams
Perpetual Savings & Loan Ass’n
Third Street SE
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