Financial and Market News on Weather Aiding Trade
Cooler weather boosted retail trade in many areas while industry posted wide gains over last year. The Associated Press index of industrial activity stood at 95.7, with production rising to 74.3 percent capacity in steel and automobile output up to 66,985 units. Railcar traffic declined modestly, but railroads reported higher September earnings and stock prices rose as investors awaited the election results. Federal reserve district reports showed brisk trade in New York and Chicago, with St Louis noting 7 percent weekly retail gains and Minneapolis reporting strong hardware and hunting equipment demand.
MENTIONED IN THIS ARTICLE
Associated Press
Department of Commerce
American Iron and Steel Institute
Cram
Exrts
Edison Electric Institute
New York Stock Exchange
Federal Reserve
New York
Chicago
St. Louis
Minneapolis
Foreign Copper Edges Higher With Cash Prices Mixed
In New York on Saturday foreign copper traded around 10.375 cents per pound, up from Friday's 10.275–10.325 cent range. Domestic copper held at 10 cents. October copper sales reached a record 175,734 tons. Tin at 46 cents. Zinc active with prices around 5.22 cents in New York and 4.85 in St Louis. Lead quoted at 4.85 New York and 4.65 St Louis. Antimony steady at 11.5 cents.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Bond Market Snapshot from New York
In New York bonds trading closed with premiums and losses as prices moved. Sales activity totaled modest volume with 8 bonds noting closing figures around 103.80 and 101.21, reflecting typical market shifts for the session.
MENTIONED IN THIS ARTICLE
New York
Stock Market Holds Steady On Saturday Trading
The market finished near its opening level with small gains for a few items like farm machinery and copper while rails and major sectors drifted. The Associated Press average rose to 74.4 for the month, with 733,360 shares traded. Agricultural machinery and copper led gains. industrials and rails lagged.
MENTIONED IN THIS ARTICLE
Associated Press
Metal Market Smelter Rates for Delivered Metals
New York updates list Saturday smelters rates in cents per pound for electrolytic copper 10 and export 10.375, tin spot around 4, zinc New York 5.22 and East St Louis 4.8, aluminum 19 to 21, antimony 11, quicksilver 90 to 95 dollars per flask, with regional price ranges noted.
MENTIONED IN THIS ARTICLE
New York
East St.uis
East St. Louis
Hawkeye Junior Class Rehearses Play Crooks For a Month
Hawkeye high school junior class rehearses Crooks For a Month to be staged in November. Director Miss Eleanor Young leads the cast including John Hauth Newton Lee Martin Boeckenheuer Conrad Curtis Junior King Betty Johnston Ruth Willis and Ruthae.
MENTIONED IN THIS ARTICLE
Hawkeye
Hawkeye High School
Crooks
Eleanor Young
John Hauth
Newton Lee
Martin Boeckenheuer
Ity Conrad Curtis
Junior King
Betty Johnston
Ruth Vi
Ruth Willis
Ea Ae Ae
Ana
London Boom Not Getting Wide Support
London reports a selective equity and commodity boom not yet earning broad public backing. Investment managers note difficulty reinvesting profits as banks offer more credit against collateral. Rails and industrials hold a new plateau with scattered peaks hinting at a broader upturn. rubber shares rise on export quota gains amid a strong commodity bid.
MENTIONED IN THIS ARTICLE
London
Monay
Financial Times
Iowa Student Workers Earn 31 000 Monthly
About 31 000 dollars is paid monthly to University of Iowa students for campus and NYA funded work. Lee Kann, director of the university employment bureau, estimates 1 100 students earn 21 000 monthly in university jobs and about 900 receive 11 000 from NYA funds.
MENTIONED IN THIS ARTICLE
Iowa City
University of Iowa
Lee Kann
University Employment Bureau
Kann
NYA
University
Stocks Show Irregular Trading In Chicago Markets
United Press reports irregular activity across major exchanges with uneven bond trading and foreign securities also fluctuating. Investors watched mixed results as prices swung throughout the session in slow, uneven gains and losses.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Poreigna
Bond market steady amid weekend lull and election week
A quiet trading day left bond prices mostly unchanged as turnover totaled 4.88 million face value. AP indexes held steady with 20 rails at 97, 10 industrials at 103.9, and 10 foreigns at 70.7, while utility bonds slipped slightly.
MENTIONED IN THIS ARTICLE
New York
Associated Press
New Haven
Nickel Plate
Central of Georgia Consolidated
St. Paul
Erie
International Hydro-electric
International Telephone
Madrid
Spain
U.S
Lombardis
Trends of business by the United Press
Buckeye Pipe Line Co declares 1 dividend exidend of 1 payable Dec 15 to stock of record Nov 20 against 75 cents payable in prior quarter. Calumet and Hecla Consolidated Copper Co reports nine months profit before taxes of 478 086 versus a loss of 775 382 year ago. Virginia Electric and Power Co posts nine months net income of 3 103 215 versus 2 796 885 a year ago. Nine months net profit for Walworth Co and subsidiaries totals 254 566 after a September quarter profit of 174 029, improving from a year ago loss. Yellow Truck and Coach Manufacturing Co posts nine months net profit 3 788 737, or 1 43 per class B and common, up from 350 214 or 2 33 on 7 percent preferred.
MENTIONED IN THIS ARTICLE
Buckeye Pipe Line Co
Calumet and Hecla Consolidated Copper Co
City Auto Stamping Co
Hazel Atlas Glass Co
Mead Corporation
North American Aviation, Inc
Consolidated
United Drug, Inc
Virginia Electric and Power Co
Walworth Co
Yellow Truck and Coach Manufacturing Co
Local permits issued in the last week list
The weekly permits show numerous projects across the city including remodels, new garages, reroofs and additions. Notable entries include Dr. A B Curran remodels a garage for 125 dollars at 1551 Washington Ave SE and Leighton Niles plans a new dwelling at 1136 Tenth Street NW for 2500 dollars. The totals cover residences and commercial properties citywide.
MENTIONED IN THIS ARTICLE
A. B. Curran
Washington Avenue
Third Avenue
Virginia
W. J. Thompson
Tenth Street
F. A. May
Thirty-fourth Street
Fred Wachs
Ninth Street
C. C. Winders
E. G. Dudek
Sixth Street
Mrs. Rocco
Mount Vernon Avenue
John Armon
Second Street
Cereal City Realty Company
Bealercourt
Frank Buser
L. W. Dooley
Grande Avenue
Leighton Niles
Thomas Robinson
Fifth Avenue
Hedges Company
D Street
Charles Miller
Twentyfirst Avenue
Dwellig
Neces Witousek
Fourth Avenue
Thurman
F. J. Check
Glass Road
C. O. Randolph
Seventeenth Street
F. S. Saldo
Local Church Circles Gather for Meetings
Keswick Dorcas Aid society of the M. P. church met at Mrs. Effie Messenger’s home. Mrs. Arnold Wagner hosted St. Mary’s circle. The Loyal Temperance Legion met with Mrs. Kenneth Kemp leading. Mrs. Flora Axmear acted as hostess.
MENTIONED IN THIS ARTICLE
Dorcas Aid Society
M. P. Church
Effie Messenger
Arnold Wagner
St. Mary’s Circle
Loyal Temperance Legion
Kenneth Kemp
Flora Axmear
Chicago Butter Futures Close With Mixed Prices
Chicago butter futures showed mixed closes with storage standards for November and December trading at fractional cents. Prices moved slightly on uneven demand as traders weighed supply and storage expectations.
MENTIONED IN THIS ARTICLE
Chicago
Aerds Dees Rey
Auto Show Crowds Project Record Attendance
Detroit reports larger crowds at national and local auto shows than in six years. Previews drew 17 000 visitors in three days for 1937 models, with dealers adding 50 000 more in showrooms. Spot orders reached 1 200 cars. Key buyer concerns were roominess safety and economy aided by new oil conditioning and longer service intervals. Dealers gain with closed territories and stepped discounts to boost profits.
MENTIONED IN THIS ARTICLE
Detroit
Air swallowing and belching in neurotics a health risk
A health article explains how some neurotics overeat their attention to digestion causing air swallowing and belching. It notes the role of saleratus use, carbon dioxide production, and the misbelief that gas presses on the heart, with guidance on safer alternatives like calcium carbonate and cautions about soda abuse.
MENTIONED IN THIS ARTICLE
Anthony
Yankee Land
Bowe Els
Wheat Futures Edge Up In Slim Saturday Trading
Wheat futures closed fractionally higher on a quiet trading day as selling pressure eased. December rose about a quarter cent while May and July posted small gains. Corn and soybeans showed modest advances with Liverpool and Winnipeg reports adding slight support.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Liverpool
Winnipeg
Bridge Benefit Draws High Scores At Brooklyn Event
The Columbian club in Brooklyn sponsored a bridge benefit on Thursday. Mrs. J. A. Barnes and Frank Talbott posted top scores. Chapter AK of P E O, B I L, and Conn club women senate ez enjoyed a dinner Tuesday at the W. K. Karr home.
MENTIONED IN THIS ARTICLE
Columbian Club
J. A. Barnes
Frank Talbott
W. K. Karr
Conn Club
Women Senate
Eckstein M E Ladies Aid Elects Officers
Mrs J W Eckstein hosted the M E Ladies aid meeting on Wednesday. Election of officers followed with Mrs E E McCloud named president Mrs P A Dickinson vice president Mrs G M Paullins secretary and Mrs A B Baxter treasurer.
MENTIONED IN THIS ARTICLE
J. W. Eckstein
M. E. Ladies Aid
E. E. McCloud
P. A. Dickinson
G. M. Paullins
A. 8. Baxter
Transfer of Lot 6 Block 2 Mound Farm Cedar Rapids
Fred W Armstrong transfers to Paul N Clark spld interest in lot 6 block 2 Mound Farm additions Cedar Rapids for 173 dollars 62 cents dated September 22 1956.
MENTIONED IN THIS ARTICLE
Fred W. Armstrong
Paul N. Clark
Spld
Mound Farm
Cedar Rapids
Also Mentioned on This Page
Thomas E. Flanagan
Association of American Railroads
U.S. Steel
Bethlehem Steel
Congress
Caroline O'Day
Irene A, Tomas
Edith
Virginia E
Melinda Nourse Rogers Jenckes Alexander
Florence P. Kahn
San Francisco
Mrs
Nannie Wood Honeyman
Bertha Baur
Natalie Couch
Agnes Lambert Reavey
Mary T. Norton
O’day
Miss Couch
Kahn
Rogers
Lowell
Mass
Baur
Tomas
Alexander
Isabella Greenway
Arizona
Commission House
Interstate Commerce Commission
American Telephone
Andes Copper
Kennecott
Cerro de Pasco
J. S. Case
Deere
International Harvester
Sears Roebuck
Woolworth
du Pont
Santa Fe
Pennsylvania
New York Central
Westinghouse
U. S. Steel
Bethlehem
General Motors
Chrysler
Western Union
Consolidated Edison
Budd. Manufacturing
Electric Power and Light
Iowa
Iowa Utilities
THE
el Co
Des Moines Gas & Pet
Des Moines Gas Co
Des Moines
Dodge
Int Power Co
Oat
Owa
Elec
Elec Co
Lt & P
TA & Bow Co
Sioux City
Sioux City Gradify Co
Lt & Ry Co
Mississippi River
Prairie du Chien
Keswick
Dend Sharyland Fund
Sas
Iedbeas
Nor Nor Amer
Am Sh Inc” A
EL & Eee
H. 5
Walesby
Personal Health Service
Brooklyn
ABC
Dickinson Ponareees School
Ryan
Mile Whipple Agency
American Trust
Dial
W. T. Sands
Second St. NE
Sanford
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