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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 15, 1939

Page

43

War boom holds, despite cautious buyers and worker shortages

Business gains while consumer caution rises as war orders keep mills near capacity. Prices drift lower in wholesale markets but food costs ease little, with price consciousness rising and inquiries from Latin America increasing amid constrained Allied bookings. Industrial activity posts another AP index high while forward buying slows and retailers adjust to wartime demand.

Europe York Dun and Bradstreet Department of Labor Germany France Britain Latin America Benjamin M. Anderson, Jr University of California At Los Angeles Investment Bankers Association of America England Associated Press

Local Securities Quotations and Bond Listings

The page presents a price range snapshot of recent bond and stock issues. It lists Central States, Southern Utilities, and other corporations with percentages and dates showing bid-like ranges for bonds, preferreds, and common stock.

Centraltates Pr Te Ania Corp Atsewa Southern Deities’ Co Klee Fee Western Grocer Co Common

September Rise in Cedar Rapids Outbound Carloadings

Cedar Rapids shows the strongest outbound carload increase this year for September with 4 095 units, up from 2 796 in August while inbound carloadings fell to 3 541 from 3 621. Clearing house totals reached 5 220 938.30 in cash and 27 100 558.91 in debits, surpassing August figures. Telephones 18 733 and electric use 20 514 320 KWH rose, with 5 653 employed and gas usage at 29 700 800 cubic feet. Fewer building permits issued at 278 though value climbed to 169 557. Post office receipts dropped to 48 291.51 while car and truck sales also fell to 122 cars and 20 trucks from August’s 169 and 26.

Cedar Rapids Industrial Bureau of the Chamber of Commerce

Cedar Rapids Bank Clearings Hold Above Year Ago

For the tenth consecutive week Cedar Rapids bank clearings topped the prior year. The latest week totals 1 308 474.23 dollars, up from 1 162 109.36 the week ending Oct 15 1938, with the prior week at 1 657 010.06.

Cedar Rapids Cedar Rapids Clearing House

Commodity Prices Steady Across Metals in New York

Copper steady at 12.50 spot ex port unquoted. Tin unchanged at 55.00 spot and near 55.00 forward 48.00. Lead steady in New York 5.50 to 5.55 and East St. Louis 5.35. Zinc steady East St. Louis spot and forward 6.50. Pig iron and other metals including aluminum antimony quicksilver platinum tungsten and domestic scheelite unchanged.

New York East St. Louis

Lever Bros. Names Ralph W. Grove Cedar Rapids Representative

Ralph W. Grove of 1228 Third Avenue SE has been appointed salesman for the Cedar Rapids area by Lever Brothers manufacturers of soaps and shortenings. The appointment aligns with Lever Bros fall merchandising drive featuring a round-up sale involving all Cedar Rapids area grocery stores.

Ralph W. Grove Third Avenue SE Cedar Rapids Lever Bros Mr. Grove

Finland a rising independent state facing Soviet pressure says Wick

Cedar Rapids attorney B. L. Wick, who toured Finland in August, sees a committed, educated, thrifty nation ready to resist domination by Russia. He notes Finland’s democracy, cooperative economy, strong education, rebuilt capital Helsingfors, and strategic aims in the Baltic while predicting limited European military aid.

Hether Finland United States Russia B. L. Wick Cedar Rapids Mr. Wick Sweden Norway Denmark Baltic Latvia Lithuania Baltic Sea Aaland Islands Wick Europe Helsingfors Helsinki Union Station Chicago Tribune Morganthau Germany Turku Stockholm

Week's Most Active Stocks on a Quiet Market Week

Wall Street traded dull for the week with little buying enthusiasm. Markets show slight weakness but no strong selling pressure as embargo repeal looms and investors await clearer news. Activity focused on a handful of listed stocks.

Wall Street

Chicago Produce Markets Wrapup Apr Markets Notes

Chicago receipts show butter firm with varying scores from 88 to 93. eggs receipts 2,626 steady with standard and fancy grades listed. Potatoes arrivals total 0.8, Idaho Russets demand improving for top quality stock, Colorado and Minnesota varieties mixed with steady to slow demand and some decay in U S No 1 washed. New York prices show eggs steady with multiple color standings and heavy rigs, butter firmer with higher scores and cheese prices unchanged.

Chicago Idaho Colorado Red McClures Minnesota Cobblers U. S. Commercials Red River Valley Cobblers U. & Commercials North Dakota Cobblers NEW York Produce New York

Market Update Amid Mixed Signals

Investors monitor CNN TPEG market data in mid October. Analysts note volatility with varying sector performances. The report cites cautious trading, offset by strong tech gains and steady energy shares.

Dr Watts to Convert Will Hogan House into Cedar Rapids Hospital

Dr C F Watts of Cheyenne Wy has bought the Will Hogan residence in Cedar Rapids and will use it as a hospital. He plans taking possession about December 1. Watts previously operated a hospital in Williamsburg.

Marengo C. F. Watts Cheyenne Wyo Will Hogan Watts Williamsburg

Wheat Market Feels War Shadow on Prices in Chicago

Wheat closed lower as traders waited for fresh war news with May futures around 821/4 cents and cash bids mixed. Corn and oats eased while soybeans rose on export demand. heavy moisture deficits and dry forecasts cloud future planting. Winnipeg traded weakly. export demand favored Norway.

Chicago Winnipeg Norway

Chicago Grain Quotations Furnished by Lamson Brothers

Grain quotations are provided by Lamson Brothers and Company. H R Mowrey serves as manager for the Cedar Rapids office located at 503 Merchant National Bank building, with phone contact 2-3141.

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

Building activity and business changes in East Iowa towns

A survey of activity across Iowa towns notes remodeling in Decorah and Conesville, store sales gains, new owners at Elliott Implement in Postville and Barrets’ Piggly Wiggly sale to L. L. Skaggs in Charles City, and several residential moves in West Branch and Wellman. Further, Montezuma breaks ground for a new Methodist church and lumber/metalwork bids are reported.

Iowa Postville Herbert Meyer Caledonia Iferbert Elmer Peterson Decorah Bidne Landers Connor-Knight Company Bernats J.D. and P. Y. Barrett Charles City L. L. Skaggs Rochester Minn Minnesota Barretts Dallas Fort Atkinson George A Bieber Alfred Billing Bieber Iowa Mutual Insurance Company West Branch Bert Rummells West Liberty F. E. Corbin, Jr B E. Growver Main Street Rummells Mr. Corbin Frank Hess Alfred Peterson H. A. Thomas G. W. Harvey L. C. Rummells South Downey Street Ed Kelly Malissa Fawcett Reliable Plumbing and Heating Company Montezuma Manchester Herbert Pride Howard B. Commerford West Union Street Clarence A. Brown Edwin A. Cobb Marshalltown Haenning Anderson Gay Street

Linn County Real Estate and Mortgage Report Summary

Conveyances 34 and mortgages 35 recorded Oct 6 to Oct 12 by Linn County Abstract. Mortgages total 68,760 dollars. Compared with last year: conveyances 45, mortgages 32, mortgages 73,820 dollars.

Linn County Linn County Abstract Company

Markets At A Glance From The Page

Markets show a quiet day with stocks easy and bond activity irregular. U S government bonds rise while curbs and Chicago stocks drift lower. Foreign exchange settles easier against the dollar. Cotton futures ease as grains in Chicago move with wheat and corn down about a quarter to a half cent. Rubber futures ease and candle prices for lighting rise sharply compared to electricity.

United Ress U. S Chicago

Also Mentioned on This Page

Smith Reavis Local Securities Elec. Co Roosevelt United T. R Mls United Ry Maine Aanee Central Evares Elec Groce Erkes. Js Tates Elee WtarOcean Rein Elec Choate Mfe Ona Semmen New Lever Bros Bob Estabrook Lenin Stalin Hitler Gether Neves Dardanelles Chamberlain Independanceussia Estonia Stockholme We Tallinn Arctic Ocean Finlanda lOeares Leningrad Libou Danzig Wilno U.S. Steel General Motors Republic Steel Anee Ae New York Central Bethlehem Steel Chrysler Motors Curtiss Wright Baldwin Locomotive Commonwealth Edison The Eee Maryland Trustee Ltd Ol CNN DOW Jones Hensover & Ibs Jonathan Tde Talis IAP Tierces Joose Bellies Jan Wttad Lisa P-R-I-N-T W.T. Sands St. NE Steel Industry Pittsburgh Birmingham Dewiti L. J. Fitzpatrick Hanrahan Fitzpatrick Funeral Home Urban J. Hanrahan Anaconda Copper Youngstown National Chrysler Studebaker American Kennecott Westinghouse Allied Chemical Gypsum J. T. Case Chesapeake & Ohio Railway Howe Sound Real Estate and Mortgage Reports Messinger First Avenue E. Cohn & Sons Ninth Avenue and Third Street
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