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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 17, 1948
Page
22
J A Livingston notes mixed signals in postwar economy. Steel price rises raise auto costs while Crawford Clothes cuts prices. farm machinery output peaks in 1949, shipyards and aircraft parts grow, fuel oil and agricultural prices soften. Retail stocks rise, orders lag, and inventories expand amid a shift toward stable production and employment in 1949.
Conveyances and mortgages recorded by Linn County Abstract Company show 55 mortgages and conveyances this week totaling 200 748 62 dollars versus 76 and 47 a year ago with mortgages totaling 185 088 84 dollars.
Cedar Valley credit unions mark 100 years on Credit Union Day Oct 21 with a banquet at Sokol hall at 6 30 p m. Albert Jayne chairs the program committee, Al Schmidt hosts, and Hamilton Morse speaks. The event honors 14 unions including La Plant Choate Collins Radio Wilson and Company and Iowa Manufacturing with members and guests from area firms and services.
Bos Freight Lines of Cedar Rapids teams with Super Freight Lines of Kansas City to haul freight directly to Texas without transfers in Kansas City. They have purchased a trailer and ordered more to run between Iowa and Texas cities. The plan aims to prevent delays by using only the tractor in Kansas City while the trailers display both names and colors.
A compiled list shows price ranges for various Eastern Iowa stocks and bonds. Not firm bids, the quotations reflect recent transaction levels across issuers including Central States Electric, Collins Radio, Inter-Ocean Reinsurance, Iowa Electric, LaPlant Choate, Long Bell Lumber, Meredith Publishing, Quaker Oats, Sioux City Gas and Electric, United Light and Railway, WCF & N, Wilson & Co, and others with percentages and par values indicated.
The Burtonwood air base in England reopened as over 2,000 U S troops arrive to form the 59th air depot. Veterans recall wartime memories, with huts cleaned, coal stocked, and a strike of changes contrasted by familiar English scenes.
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