Steel boom may spark latent plant openings this summer
Reports from Wall Street indicate arms spending could push America’s vast industrial base to a busy summer as steel furnaces near operation to meet Allied and U S export demand. May steel orders were seen doubling April and capacity rose to 73 percent, while overall retail trade remained fair and unemployment stayed high.
MENTIONED IN THIS ARTICLE
America
Wall Street
Allied
Uncle Sam
York
United States
France
Belgium
East Iowa towns report building and gift updates
Grinnell college President John S. Nollen announces an anonymous $6000 gift to rebuild the Lillian Louise Terris memorial organ at Herrick chapel. Hopkinton plans a new locker building, Marengo adds a Watts hospital wing with twelve beds and obstetrical department, and Waukon postmaster Teresa Moroney buys the West Main Street building for $6500 with two apartments above.
MENTIONED IN THIS ARTICLE
Kinnell
John S. Nollen
Grinnell College
Lillian Louise Terris
Herrick Chapel
Hopkinton
Marengo
Watts Hospital
Edward White
Eldora
Waukon
Teresa Moroney
West Main Street
Waukon Food Shop
Florence Webster-Haines
Jones Averages and Market Movements Summary
Bonds listed with small gains and declines across rail, utilities, industrials. Stocks show mixed movement while Winnipeg wheat prices open with varied highs and lows for May July and October futures.
MENTIONED IN THIS ARTICLE
Jones
OGL VA Utilities Sone Wee
Winnipeg
Lowegiove
Linn County Real Estate and Mortgage Records May 17 to May 23
Conveyances total 69 and mortgages 49 were recorded in Linn county. Mortgage aggregate reaches 101 704 dollars. The corresponding week last year had 62 conveyances and 23 mortgages totaling 70 224 dollars.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Synthetic Rubber Gains In U S War Demand Shift
Fortune predicts the United States could become self-sufficient in synthetic rubber with $30 million in annual research if wartime cutoffs hit crude rubber from the East Indies. Du Prene, Neoprene, Koroseal, and Buna variants alongside latex and new hosiery processes drive broader use of synthetic and natural rubber into thousands of products.
MENTIONED IN THIS ARTICLE
America
East Indies
United States
Fortune Magazine
du Pont
Dow Chemical
Goodrich
United States Rubber Company
Ohio
Standard Oil Company
New Jersey
Fortune
Germany
Ames Professor Designed Argonne Cemetery For U. S.
Prof Elwood of Iowa State College led the Argonne cemetery project in France after World War I. The site near Romagne became a vast American war memorial with 22 000 graves, 7 000 later repatriated, and a star of pansies at the entrance. Crosses replaced by stone monuments.
MENTIONED IN THIS ARTICLE
MES
Phillip Yay Elwood
Third Corps Artillery
Argonne Cemetery
France
Elwood
Iowa State College
United States
Romagne
General Pershing
Brieulles
Congress
Week's Most Active Stocks and Rubber Market Shifts
The week featured heavy liquidation amid war news with margins narrowed to cash. Anaconda attracted some buying while prices varied within groups. Notable gainers included firms with over 100,000 shares traded weekly. the piece notes broader rubber usage from tires to 300 auto components and higher rubber content per car for accessories.
Lot Sales Signal Plans for New Homes
Brokers report several lot sales last week tied to new home construction. Hedges company George Wessale at 159 Wilson avenue SW bought a Vernon drive SE lot from B M Butler and will build there. Charles H Levings at 309 Eleventh street SW purchased a Thirty-eighth street NE lot from Hawkeye Loan and Brokerage, adjoining his current home site. Dr A F Harrington at 1507 Third avenue SE bought a junction lot at Country Club parkway and Twenty-seventh street SE from Country Club Heights Realty. John A Scorpis at 1122 Second avenue SW acquired a Johnson avenue NW lot between Twentieth and Twenty-first streets NW from Andrew C Bain.
MENTIONED IN THIS ARTICLE
Hedges Company
George Wessale
Wilson Avenue
Vernon Drive
B M. Butler
Fourth Avenue
Charles H. Levings
Eleventh Street
Hawkeye Loan and Brokerage Company
Thirty-eighth Street
First
C Avenues
A. F. Harrington
Third Avenue
Country Club Parkway
Twenty-seventh - Street
Country Club Heights Realty Company
John A. Scorpis
Second Avenue
Johnson Avenue NW
Twentieth
Twenty-first Streets
Andrew C. Bain
Eastern Iowa Stocks And Bonds At A Glance
The Gazette lists current price ranges for regional equities and utilities, noting quotations are not firm bids. Highlights include Central States Electric, Interstate Power, Town Public Service, Southern Utilities, Iowa Public Service, Quaker Oats, Rath Packing, United Lines, and Western Union with varied bid and asked figures and serial notes across 1940s to 1950s issues.
MENTIONED IN THIS ARTICLE
Nancal
the Gazette
Cedar Rapids
Iowa
Central States
Elec Co
First Ave Holding Co
Roosevelt Hotely
Honeymead Prods
Town Land & Ride
Town Electric Co
Ata
Towa Electric Co
Towa Electric
Interstate Power Co
Iowa Public Service
So Util Co
Southern Utilities Co
Wits
Southern
Go Ge
Southern Util Co
Ida Southern At
Town Unt
Link Bell Co
Penick & Ford
Quaker Oats Co
Rath Packing Co
Wheat Demand Advances Price on Chicago Board
Wheat rose on the Chicago board with July futures near 85 cents as Winnipeg and war news boosted demand. Cash prices showed No 1 yellow corn at 67 to 65 cents, oats and soybeans up modestly amid light offerings and a holiday in Buenos Aires. Winnipeg futures gained 4 to 5 cents, while Minneapolis quotes showed higher wheat and mixed grain gains.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago Board of Trade
Winnipeg
Canadian Mart
Buenos Aires
Wheat Board
Minneapolis
APIS
Montana
Minnesota
South Dakota
La Plant-Choate Tractor Works On Gold Dredge Job
La Plant-Choate Manufacturing built a 33-yard carryall scraper used for Nevada's largest gold dredge project. The unit, with 332 cubic yards capacity, strips ground below Manhattan in Nye County ahead of Manhattan Gold Dredging's 14 000 cubic yard bucket-line dredge. It is operated by a D-8 tractor and compares in ease to lighter machines.
MENTIONED IN THIS ARTICLE
la Plant-Choate Manufacturing Company
Nevada
Nevada Mining Journal of Reno
Manhattan Guicn
Nye County
Manhattan Gold Dredging Company
Bank Clearings Fall in Cedar Rapids Last Week
Bank clearings in Cedar Rapids declined to 51 138 09414 dollars for the latest week, compared with 1 318 71105 for the week ending May 18 and 1 316 23954 for the week ending May 27 1939.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Aircraft owners face liens for pilot safety penalties
The civil aeronautics authority announced that owners who lease rent or lend their aircraft to pilots become liable to government attachment of their planes as security for payment of penalties imposed on aviators for violations of safety regulations.
MENTIONED IN THIS ARTICLE
Civil Aeronautics Authority
Equitable Men Attend School of Instruction
Ray T Moore district manager for Equitable Life Assurance Society and J W Ensign Ray L Short and Archie H Aukerman of Cedar Rapids will go to Des Moines Monday to attend a school of instruction.
MENTIONED IN THIS ARTICLE
Ray T. Moore
Equitable Life Assurance Society
United States
J. W. Ensign
Ray L. Short
Archie H Aukerman
Cedar Rapids
Des Moines
Stock Market Ends Strong After Morning Dullness
The market closed sharply higher after a dull session with a late rally adding over three points at the highs. Steel shares led gains while Boeing and U.S. Steel posted solid moves. Allied Chemical and Union Carbide rose, Du Pont and Phelps Dodge climbed, and rails and oils showed mixed results amid a broad broad advance and some losses.
MENTIONED IN THIS ARTICLE
York
INS
Boeing Wn
Ali Big Steel Center
Petesburgh
Fom Beihierem Steel
Hugh Wus Steel
Douglas and
Lokheed
Othecs
Poin du Pont
Allied Chemical
Union Carbide
Phelps Dedee
Avaconda
Union Pacific
Chesapeake & One
Chrysler
General Motors
Sears, Roebuck
Philip Morris
Johns Manville
American
Sanitary Farm Dairies Awards New Building Contract
The Sanitary Farm Dairies plan a brick building 175 by 80 feet at Second street and F avenue NW with a glass brick strip along the Second street end. Jack Haegstrom Construction of St. Paul was awarded the $65,000 general contract. total cost may reach about $100,000 including plumbing heating electrical and equipment. Norman Hatton is the architect.
MENTIONED IN THIS ARTICLE
Sanitary Farm Dairies
Second Street
F Avenue NW
Jack Haegstrom Construction Company
St. Paul
Norman Hatton
Also Mentioned on This Page
Eerie
Aireea
War Industries
Buffalo
U. S
Sanford
Hawkeye
Hawkeye Lumber & Coal Co
Mautz
Barney's
15Th St. NE
Dial
Limback Lumber CO
Real Estate and Mortgage Reports
Natural Rubber Progress
Broulie
Second Street SE
Don Jackson
Phillip Elwood
Curtiss Wright
Anaconda
New York Central
Boeing
No. Am
Aviatio
General Electric
Jas. E. Bennett and Co
Merchants National Bank
W. H. Jump
Res
Century
Ed Soboda
Cedar Rapids Fuel CO
Maresh Sheet Metal Works
Prone
Choate Tractor
Equitable Men
Fairbanks Morse
Stoker
Home Coal CO
Third Avenue SE
Associated Press
Maryland
Pety
New England Fund
Am Te
Am Sh Inc
Igow
Trustee Ltd
Lamson Bros
Lamson Brothers and Company
H. R. Mowrey
Dee Wat
Aos
FHA
Utility and Industrict
A. G. Heim
Roosevelt
E. Cohn & Sons, Inc
Sth Avenue
Third Street
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