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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 01, 1939

Page

27

Heavy Industries Lead Output to 1937 Levels

The article notes a ninefold surge in US industrial output led by steel mills, textiles, railcars, and autos as domestic demand rises. Despite war optimism fading, bookings from neutral nations increase and foreign orders face payment questions while prices ease.

Heavy Industries York United States Europe Commerce Department Brazil France Canada Dun and Bradstreet Carnegie Ilinois Chicago

Winterberg Returns to Cedar Rapids Insurance Field

Lee B. Winterberg, long tied to Equitable Life in Iowa, plans a Cedar Rapids return as he buys an interest in the L. R. Walker insurance agency at 705 American Trust building. He resigns as Equitable district manager at Sioux City effective Oct 1. Mrs. Winterberg is Frances Owen, daughter of Dr and Mrs W E Owen.

Lee B. Winterberg Equitable Life Assurance Society of United States Iowa Cedar Rapids Winterberg L. R. Walker Insurance Agency American Trust Building Equitable Life Assurance Society Sioux City Walker Mr. Winterberg DePauw University First Presbyterian Church Equitable Dubuque Frances Owen W. E. Owen First Avenue

Arnett Named Manager of Cedar Rapids Household Finance

R C Arnett appointed manager of the Cedar Rapids office of Household Finance, succeeding E F Thompson who moves to a new Kansas City office. Arnett has served the firm about nine years, the last five years heading the Iowa City office.

R. C. Arnett Cedar Rapids The Household Finance Corporation E. F. Thompson New Household Finance Corporation Kansas City Mr. Arnett Iowa City

National Congoleum Week Starts Monday

All this week in Cedar Rapids floor-covering, furniture, linoleum and department stores will display labor-saving floor coverings at attractive prices. Congoleum Week runs Monday through Saturday night with Gold Seal rugs and by-the-yard patterns at a new designer peak.

Cedar Rapids

Cedar Rapids Bank Clearings Edge Past Yearly Totals

Cedar Rapids Clearing House reports weekly check clearings of 1,234,133.41 for the week ending Sept 30, ahead of 1,123,009.68 in the same week last year. The prior week ending Sept 23 shows 1,185,024.91 in clearings.

Cedar Rapids

Metals Markets Update From New York

Copper steady at 12.00 spot. Tin at 66.00 spot and 47.00 forward. Lead 5.56 to 5.85 in New York. Zinc 6.50 at East St. Louis. Quicksilver 158.00 to 170.00. Platinum at 42.00. Pig iron aluminum antimony and Chinese wolframite unchanged.

New York

Chicago grain quotations from Lamson Brothers

Lamson Brothers and company provide Chicago grain quotations. H. R. Mowrey is manager with Cedar Rapids office at 503 Merchant National Bank building, phone 2314.

Chicago Lamson Brothers and Company H. R. Mowrey Cedar Rapids Merchant National Bank

Advertising Campaign Aims to Boost Iowa Milk Use

Des Moines reports two fold plan by the Iowa Dairy Industry commission to raise Iowa milk consumption. Burr Willits says aim is to have every child drink a quart daily and every adult a pint, with increased family milk orders as needed. A second campaign will promote butter to improve flavor and health value of meals.

Des Moines Iowa Cedar Rapids Iowa Dairy Industry Commission Burr Willits Commission Willits

Markets At A Glance From United Press

Stocks rise and stay calm as bonds advance and U S governments slip. Curb and Chicago stocks trend higher while foreign exchange holds firm against the dollar. Cotton futures steady and grains show gains in Chicago with wheat up about 11 cents and corn up roughly half a cent. Rubber futures rise.

The United Press U. S Chicago

Chicago Produce Market Report Sees Flat Butter Prices

Chicago AP notes butter receipts at 665,964 with steady prices and unchanged overall values. Potato arrivals total 380 shipments nationwide with best quality stock in steady demand and mixed freight rates across varieties and grades.

Chicago U. S Idaho Russet Burbanks U Colorado McClures U North Dakota Tiger Valley Ecobbiers Biles Minnesota Mollandale Section Cobbiers Wisconsin Cobblers

Week's Most Active Stocks Display Market Swing

Wall street shows considerable activity with little net change as rails retain strength and several specialties close higher. The closing session strengthens amid renewed optimism, with peace talk uncertainty and a budding business revival suggesting higher prices ahead. The following stocks were most active.

Wall Street

Trends of Business From United Press September 30

Enterprise updates show Canadian carloadings at 72 157 the highest since 1930 with a week over week gain. Federal Reserve reports countrywide department store sales up 3 percent from year ago. Company results include Carpenter Steel Co net profit 317 309 for year to June 30 and per share 88 cents, Consolidated Laundries net profits 158 612 and 77 265 for varied periods, Gatineau Power quarter income 609 510 and year 2 139 285, ITT six months net 3 235 527, National Power and Light nine months and year figures, Pacific Telegraph eight months net 12 611 066, Public Service Indiana eight months 921 461 and 1 495 780 for year, Wisconsin Public Service 1 588 477 for year.

Dominion Bureau of Statistics Federal Reserve Board Corporation News Carpenter Steel Co Consolidated Laundries Corp Consolidated Gatineau ‘Power Co International Telephone and Telegraph Corp National Power and Light Company Pacific Telephone and Telegraph Company Public Service Company of Indiana Wisconsin Public Service Corp

Decorah Man Is Badly Scalded At Local Slaughterhouse

Special to The Gazette Decorah. Kirkmeier a 28 year old man in Decorah was badly burned Saturday after backing into a tank of scalding water at the Wepler slaughter house. He was rushed to Decorah hospital with three quarters of his body covered in blisters. He had come to Decorah three weeks ago from New Salem North Dakota.

The Gazette Decorah Kirkmeier Wepler Slaughter House Decorah Hospital New Salem N. D

Local Securities Quoted Prices and Notable Bids

Listings show bid ranges for Interstate Power Co and Town Public Service Co plus Iowa Southern Utilities and Cedar Falls Waterloo bonds. Stock notes include Central States, Interstate Power, and Western Grocer Co. with listed percentages and prices. details reflect a securities section snapshot for investors.

Ctral States Interstate Power Co Town Public Service Co Ilowa Southern Utilities OWA Southern ‘Viliiles Co Towe University Biad Bioux City Gas & Elec. Co Coves Waterloo Cedar’ Falls Gorn Interstate Power Iowa Southern Chillies Ova Southern’ Utilities Eebeee Etveesoas

Wheat rises on war psychology at Chicago Board of Trade

War psychosis returns to the wheat market as Britain’s rejection of peace offers spurs buying. December wheat climbs to 84 5/8 cents, up 21 1/2 to 31/4 cents from Friday, with drought and oversold conditions supporting gains. Other grains rise. Winnipeg and Buenos Aires trade close differently. Farmers seek a higher price guarantee, recalling wartime prices.

Chicago INS Chicago Board of Trade Great Britain Winnipeg Buenos Aires

Grain price report from Chicago Minneapolis markets

Chicago and Minneapolis cash grain quotes show mixed wheat corn oats and seed prices. Wheat ranges include cash no 1 yellow 83¢ plus various grades, while corn futures and oat values are listed with specific no 1 yellow and white varieties and protein details. Timothy and clover seed prices are also given with nom and top ranges.

Chicago Timothy Ted Top Minneapolis

Warns Against Insurance Sold By Mail Or Radio

Des Moines Iowa state insurance commissioner Charles R Fisher warned Lowans against buying policies from out of state firms selling by mail or radio He noted increased activity and many complaints He said these firms lack state licensing preventing checks on solvency or claim payment and policies often contain disallowed exclusions He urged caution despite lower rates which may indicate evaded claims and lack of taxes or coverage.

Des Moines Charles R. Fisher Fisher United States Supreme Court State Commission

Creation of a Streamlined U S Army Corps

The War Department announced a new streamlined U S army corps with three to five divisions headquartered at Fort Benning Georgia The five mobile divisions will have 8900 men each and target high mobility versus World War I style formations The planned divisions will be stationed at Fort Hamilton North Carolina Fort Sam Houston Texas Fort Sheridan Illinois and Fort Lewis Washington with Fort Lewis to host two divisions

Fort Hamilton N. C Fort Sam Houston Tex Fort Sheridan Ill Fort Lewis Wash

Des Moines Coliseum Grant Sought From PWA

Des Moines Streets Commissioner John MacVicar asked public works officials in Omaha for a grant to fund a coliseum project. The city previously sought $382,500 from the PWA, representing 45 percent of the building cost, but the request was denied.

DES Moines John MacVicar Public Works Administration Omaha Des Moines Coliseum PWA

Farrells Buy House on Center Point Road NE

Sale of the house at 3741 Center Point Road NE to Mr and Mrs Fred Farrell 1726 Seventh Avenue SE was reported last week by W J Conway and company.

Center Point Road Fred Farrell Seventh Avenue SE W. J. Conway and Company

Stocks Rebound Behind Steel Gains Amid Market Rally

The market rose as steel shares led gains and many issues reached intraday highs. Bethlehem Steel firmed to a 578 rise, U S Steel advanced nearly five, and rail stocks like Norfolk and Western climbed six. Autos and chemicals also posted solid gains while a few names lagged.

Germany Russia Pittsburgh Bethlehem Leads Steels Bethlehem U. S. Steel General Motors du Pont Douglass Westinghouse J. I. Case Montgomery Ward R. H Macy Porto Rico International Nickel Amusements Johns Manville Standard of New Jersey U. S&s. Treasuries YORK INS

Reger Buys Cedar Rapids Service Bureau

G W Reger purchases the Cedar Rapids Service Bureau and will operate both the Central and Cedar Rapids agencies in the Granby building. The Central Employment agency selects to run the combined business under the name Central Einpresinger agency starting Monday.

Central Employment Agency Granby Building Cedar Rapids Service Bureau Higley G. W. Reger Central Agency Mr. Reger Central Einpresinger Monay

Linn County Real Estate and Mortgage Conveyances

Conveyances and mortgages recorded in Linn County from September 22 to 28 listed by Linn County Abstract Co. show 60 conveyances and 38 mortgages. Mortgage total equals $117,130.67 compared with last year’s 52 conveyances and 9 mortgages totaling $240,475.00.

Linn County Linn County Abstract Company

Cedar Rapids Miscellaneous Prices and Commodities

A Cedar Rapids market list details grain prices including corn soybeans and oats, along with hay, butterfat, poultry rates, eggs, fruits vegetables and prices for hides and livestock. It records multiple items with unit prices and weights across categories.

Cedar Rapids Uenneries Duchess Tiahan Jonathan

Chicago Livestock Market Report From Early Week Trading

Hogs receipts 300 top near Friday averages with weak tone 190-230 lb hogs common 7.00 to 7.10 per cwt. Sows 5.85. Calves and cattle receipts 1,000 with light steer and heifer activity steady to weak. Beef cows and bulls marginally lower. yearling steers and veal demand mixed. Sheep receipts 100 with spring lambs and yearlings firmer about 50c, best natives around 8.10 per cwt for slaughter lambs.

Auality Chicago Livestock Chicago Dept Agriculture

Also Mentioned on This Page

Smith Reavis Arthur A. Ballantine Treasury New York Bond Associated Press Arnett National Congoleum W.T. Sands Second St. NE Dial 6037 Ort New York Central U. S. Steeleeee Pennsylvania R. R Republic Steels Baldwin Locomotive Southern Pacific Alleghany Corp Bethlehem Steel Sewae Col. Gas Loft, Inc Rte Fae James E. Bennett and Company Merchants National Bank W. H. Jump Res. Mgr Local Securities the Gazette Town Central States Elec. Co First Ave. Holding Roosevelt Hote Yowa Elec. Co Elec, Lt. & Pr. Co Elec Lt. & Pr. Co Iowa Land & Bldg United Lt. & Pr United Lt United Lt. & Ry Maine Delw Central States Elec. Co Elec.” Co Inter-Ocean “Reinsurance Com Jowa Elec O. CO Ae Towa Elec. Co Towa Orseo Town Elect Wose LaPlant Choate Mfg. Co United Lt. & Ry Mubat Owen U. S. Army Corps Farrells C. R. Service Bureau Real Estate and Mortgage Reports Maryland Mass Invest New England Std Oil Lt & Po Elec Lt DOW Jones Igh Ars Messinger & Sons Cartage Contractors 1St Ave E. Cohn & Sons, Incorporated Ninth Avenue and Third Street
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