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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 06, 1940

Page

5

Arms Spending Pushes Golden Twenties Burst Toward New High

The era’s momentum drives industry toward a final quarter surge as war orders top $8 billion and new securities lure investors. Electric output and Bell telephone use hit record highs while August unemployment nears 36 million and GE reports record orders with a quarter of 1937 activity from government contracts.

Washington YORK Bell System Department of Labor Emp Syment Business Week

Pretty Uniformed Nurses Now Highway Hostesses

Eleven Phillips 66 highway hostesses travel 22 states to inspect filling stations and aid motorists. Sylvia Calhoun from Ponca City drives a cream car with first aid kit blankets and ice water to help accident victims until ambulances arrive.

Sylvia Calhoun Cedar Rapids Dubuque Phillips 66 Miss Calhoun Ponca City Okla Calhoun Roosevelt Hotel

Bank clearings show week gain but lag year prior total

Cedar Rapids bank clearings rose last week though not matching the prior year's figure. The Clearing Houses report a total of 1 554 146 07 for the week ending Oct 5 versus 1 657 010 06 for the week ending Oct 7, 1939, with Sept 28 totals at 1 088 024 27.

Cedar Rapids

Wheat futures climb on Chicago board gains and global demand

Wheat futures rose on the Chicago Board of Trade with December contracts up about 15 cents before trimming gains. Corn, oats, and soybeans also advanced amid eased loan fears and strong outside markets. Export notes cited Europe’s 10 to 20 percent lower wheat output and southwest drought relief influencing sentiment.

Chicago INS Chicago Board of Trade Winnipeg Buenos Aires Europe

Chicago cash provisions and grain prices listing

Chicago API cash wheat No 3 hard 354c Corn No 1 yellow 63 2c oats No 1 white 34c No 2 33 1 3c barley maltine 48 7 63c nominal field seed timothy $3 65 alfalfa $9 000 11.00 red clover $8 000 lard tiers $4 87 bone $4 77 bellies $9 00

Chicago

Chicago Produce Markets Summary

Chicago Markets show receipts 806 996 for butter and eggs 4140. Creamery firm with a 93 score and 92 price readings. Centralized carrots and storage items listed. Egg prices steady with current receipts 181 sc and extras 27 c.

Chicago

Futures snapshot from Lamson Bros and Co markets

The column lists butter storage standards and futures figures for November and December with prices around 28.10 and 29.10. It notes October and November references for egg storage and December values in a terse market brief style.

Lamson Bros

Cedar Rapids Men Helped Build Turnpike

Cedar Rapids workers and machinery helped construct the 70 million dollar Pennsylvania turnpike, a 160 mile express route from Pittsburgh to Harrisburg. The project relied on Cedar Rapids plants to crush and supply 130 thousand tons of limestone and featured federal funding, tolls, and rapid 21 month completion.

Pennsylvania Philadelphia Pittsburgh Steel Mills Tidewater Cedar Rapids la Plant-Choate Company Iowa Manufacturing Company Concrete Materials and Construction Company Kenneth Lindsay Harold C. Pollitz Robert Lorig Clyde Dunlap Herman Ahrens York City Harrison Construction Company Pittsburgh PWA Walter Adelbert Jones Turnpike Commission Spring Run Union Construction Company Des Moines Pirinie and Sons Construction Company Baltimore

Two Credit Groups To Meet Jointly Thursday

Cedar Rapids Retail Credit association and Cedar Rapids Credit association plan a joint October meeting at Hotel Montrose. A 6 p.m. dinner will feature Rev. T. M. Nielsen speaking on Americanism. Nielsen wrote How a Dane Became an American.

Cedar Rapids Retail Credit Association Cedar Rapids Credit Association Hotel Montrose T. M. Nielsen

Kraschel urges more reliance on government aid

Former Iowa governor Nelson G. Kraschel told a Spencer rally that the nation must depend increasingly on intelligent governmental protection to avoid a farm peasantry. He cited Roosevelt and Wallace as framing a national farm policy for the first time in American history.

Farm policy push tied to Henry Wallace election

The speaker argued the election of Henry Wallace would guarantee a continued farm policy as the nation’s permanent program, framing the choice as essential for farmers.

Henry Wallace

Taft Warns New Deal Drives U S Toward Socialism

Senator Robert A. Taft charged that New Deal policies push the United States toward bankruptcy inflation and some form of national socialism in a Chicago address. He labeled proponents patent medicine economists and warned of growing government control.

Chicago INS Robert A. Taft Ohio

Livestock Market Notes From Chicago Trade

CHICAGO UP HOGS Receipts 400 not enough on sale to make a market top Quotable 6.35 on 230 250 lb hogs week prices up 5 10 cents. top 6.70 for medium weight butchers. CATTLE Receipts 200 calves 100 nominally steady week Fed steers and yearlings gain 26 50 0 cents prime at 13.99 bert Necht steers 13.50 yearlings 13.25. stockers and feeders active 254 higher. fed heifers 25c up. grass cows 25c. vealers down 1.00 to 11.00. SHEEP Receipts none nominally steady week Lambs 25 35c higher to 9 50 bulk 9.25 9.46. yearling wethers steady to 8.25. next western ewes to 4.40.

Chicago Bert Hnecht Vealera

Week's Most Active Stocks

The market showed a disposition to await the axis powers next move while seeking profits. Prices peaked early in the week on a recovery, then declined until Saturday when buying renewed and the market closed firm. Rail equipment shares led gains on large government orders and the AA R railroads forecast 100000 freight cars in 12 months. Rails and metals stayed firm. volume through Friday is listed with Saturday closes.

Wall Street Best Group Association of American Railroads

Market steadies after Friday declines amid war fears

Market activity shows a steadier tone with buying in several sections as selling pressure abates. Shares in Crucible Steel and Thompson Starrett gain on recapitalization news while others peak, but overall turnover remains light and the market closes with mixed results.

Crucible Steel Storks Stiit Pittsburgh Cruc Thompson Starrett Preferred Woodward Iron Revere Brass Pere Marquette

Rabus and Toeller Machine Shop Sold to Turner Company

The Rabus and Toeller machine shop at 119 First Street SW Cedar Rapids, in operation 40 years, was purchased by Turner Company. John Turner announced the deal. all land building and tools are included and equipment will be moved gradually to 909 Seventeenth Street NE.

Rabus and Toeller First Street John Turner Turner Company Cedar Rapids

Real Estate And Mortgage Reports Linn County 1940 Summary

Conveyances and mortgages recorded in Linn county from Sept 27 to Oct 3 1940 per Linn County Abstract Co show 12 conveyances and 59 mortgages totaling 11754817. Yearly comparison lists September conveyances 232 212 239 252 241 and mortgages 114 112 123 140 152 with September 1940 mortgage total 30450285 and overall September mortgage aggregates for 1927 261192 and 1939 39673485.

Linn County Linn County Abstract Company

Eastern Iowa stocks and bonds price ranges published

The Gazette Cedar Rapids lists recent price ranges for bonds and stocks in eastern Iowa. Entries include Central States Electric Co 4 1989 103s and 6% pledges, Iowa Electric Co various pledges, Interstate Power Co bids, and utility issues with dates from 1920s to 1950s. The quotations are not firm bids but indicate recent transaction levels.

the Gazette Cedar Rapids Iowa Central States Elec Elec Co First Ave Holding Co Roopewelt Honeymead Products Co Towa Land & Ride Iowa Electric Go Towa Electric Co Choate Mie Co Link Belt Co Penick & Ford Quaker Oats Co Hath Packing Co Rath Packing Co United Ct & Rys. Co United Lt & Rys Co United Lt. & Rys. Co United Lt & Rye Co Wilson & Co Western Union Central States Electric Co

Real Estate Easement Transfers Involving Naylor and Signers

Property owners C C Naylor Hattie F Moore and Mrs C C Naylor sign a petition to vacate a public highway along sections 22 23 84 7 and grant private rights of way for access to adjoining lands. Ernest Martin Carl Martin Celia Martin exchange deeds. Lena J Gerhardt transfers to Frances M Stanek with covenants and tax conditions.

C. C. Naylor Hattie F. Moore Ernest Martin Carl Martin Celia Martin Lena J. Gerhardt Frances M. Stanek Sly U. S College Park

Cedar Rapids Miscellaneous Grain and Produce Prices

Grain prices listed for Wheat Rye Barley and Soybeans with quality grades and prices. Poultry prices include live weights and product types. Wholesale fruits vegetables and hides market figures shown for Cedar Rapids region.

Also Mentioned on This Page

Association of Railroads General Electric Co Winnifeg Aleat-Owen Maryland New England A Truster Ltd Jones Eenae Seenae Lamson Brothers and Company H R. Mowrey Merchants National Bank Jan. Reae Mare By Naomi Dobbel United States Reconstruction Finance Corporation Bedford W. H. Mussman McNally and Hobeck Construction Company Saginaw, Mich County Construction Company Carnegie Andrews and Andrews Construction Company New Bates and Rogers Concrete Materials and Construction Roxbury Kittatinny Blue Mountain Bates and Rogers Construction Company Kansas Missouri Mullen LaPorte City Concrete Materials Company America Kraschel Taft Chicago Livestock U. S. Steel Enereure General Motors Oe New York Central Loft, Inc Int Merc. Marine Great Northern Oe Graham Paige Republic Steel Pullman Sueetees Oweae Anaconda Copper Ee Penna R. R McKesson Robbins Bethlehem Steel Wees Jas. E. Bennett and Co Tel W. H. Jump Res. Mer Youngstown Federal Reserve Dow duPont Bethlehem US Steel Chrysler General Motors Daw Chemical Chemorea Rabus and Toeller Machine Shop Real Estate and Mortgage Reports Ray Ann Strew Legehorn Iishts &E Sta Roosters Leshorna 6c, Genes Henneries Michigan A. G. Heim W.t.sands Second ST
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