Turbulent World War II Markets Rattle Investors
National crises unsettled business confidence as Russian industry risks and Japan’s cabinet resignation threaten peace talks. U S destroyer attack near Iceland adds to global tension while SPAB presses for all out defense. Henderson touts booming production and profits despite looming debt and taxes.
MENTIONED IN THIS ARTICLE
Noose
U.S
Russia
Far East
Iceland
United States
York
the Gazette Special News Service
U. S
Moscow
Belgium
Holland
SPAB
New York
Donald Nelson
Nelson
Detroit
Price
Leon Henderson
Bank Clearings Rise in Cedar Rapids Last Week
Bank clearings in Cedar Rapids advanced to 1 647 683 90 for the week ending last week, up from 1 624 726 58 the week ending Oct 11. The corresponding week last year ending Oct 19 1940 totaled 1 281 514 79.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Allied complete evacuation of Teheran in Iran
Allied combat troops finished evacuating Teheran with Major General V. V. Novikovs brigade and several regiments moving to Kazvin, while Brigadier J A Aizlewoods small British force left. Iranians protested that Allied redeployments could invite German air force attention on the capital.
MENTIONED IN THIS ARTICLE
Teheran
Iran
V. V. Novikov
Kazvin
J.A. Aizlewood
Theran
Germany
Lisbon
Soybean Gains Feature Rise In Grain Pits
Chicago buyers returned to the grain pits bidding prices up 1 to 5 cents as soybeans rose 3 to 6 cents extending a recovery that offset Thursday’s losses. Wheat, corn, oats, rye also advanced with weather and demand cited as supporting factors.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Cash Grain Prices and Market Otions
Chicago cash grain report lists Wheat No 3 at 1.074, Corn varied by grade from 6814 to 70 cents, Barley priced around 18 to 47 cents, Soybeans No 1 yellow at 15.6, No 2 at 31.56, Seed prices include timothy at 85.75 to 76.00 and alsike 11.50 to 19.50, hay and lard figures show lard around 9.37 to 11.00 per unit.
MENTIONED IN THIS ARTICLE
Chicago Cash Grain
Chicago
Ted Wervily
Lamson Brothers and Company
H. R. Mowrey
Cedar Rapids
Merchants National Bank
Aeeas
Eames
Market Report Chicago Butter Eggs and Potatoes Prices
Chicago spot market shows butter receipts 522 461 steady creamery 93 score 34.4 34540 92 3S4act. eggs receipts 6 100 steady prices unchanged. Potatoes arrivals 80 on track 219 total U S shipments 653 supplies moderate best Idaho russets demand fair. Prices for Idaho russets and other varieties listed with No 1 and regional figures.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Idaho
Britain Kept From Invasion by Striking Power Shortfall
London experts warn Britain cannot mount a sizeable invasion of France. RAF limits, German air power, and logistics hinder mass operations. Washington’s entry and American help are seen as decisive yet unconfirmed by officials.
MENTIONED IN THIS ARTICLE
Paul, Manning
Gazette
Ondon
London
Britain
Germany
Whitehall
Dunkerque
Stocks And Bonds Of Interest In Eastern Iowa
Eastern Iowa market notes show price ranges for a variety of stocks and bonds. Notable quotes include Central States Electric Co, Town Electric Co, Interstate Power Co, Town Public Service, Southern Utilities Co, United Light and Railways, Quaker Oats, Rath Packing, Link-Belt, and Western Union with bids and yields from 1950s to 1960s issues. Readers invited to contact The Gazette Financial Editor for other listings.
MENTIONED IN THIS ARTICLE
Theazette
Cedar Rapids
Iowa
Central States
Elec
Elec. Co
Interstate Pr. Co
Interstate Pr Co
JON Interstate Power Co
Town Public Service
Tone Southern Utilities Co
Town Southern Utilities Co
Tosa Southern Utilities Co
Tou'n So Osouthiern Utilities Co
Town
Southern’ “Utilities Co
University” Stadium
Sf LaFlant-Choate Miz
Imo
UaPlant-Choate” Mike
LaPlant-cl Choate
Link-Belt Co
National Oats
Penick & Ford
Quaker Oats Co
Aly
Quaker Orta Co
Rath Packing Co
United
United Lt
D& Rys. Co
United Lt. & Rys. Co
United St. & Ryn. Co
Wilson & Co
Wilson& Co
Western Union
Central States Electric Co
Iowa Electric Co
Iowa Electric Light and Power Co
United Light and By. Co
Broadcasting Programs To Return To Normal
New York reports that NBC and CBS schedules are to resume normal operations after the American Federation of Musicians strike against sustaining musical features ends. The Pittsburgh talks between A F M locals and WJAS and KQV yielded an agreement to be finalized next week, with Petrillo Woods and Lowman present at the conference.
MENTIONED IN THIS ARTICLE
New York
INS
National Broadcasting Company
Columbia Broadcasting System
American Federation of Musicians
Pittsburgh
WJAS
KQV
James C. Petrillo
Mark Woods
Cedar Rapids Market Summary Mixed Grain and Livestock Prices
Readable details show grain prices for wheat oats corn soybeans and straw along with poultry and hides markets. Chicago livestock data reports hogs cattle and sheep receipts with price ranges and weekly shifts for barrows gilts sows steers calves and yearlings.
Real Estate And Mortgage Records In Linn County
Conveyances and mortgages recorded in Linn county for Oct 10 to Oct 16 show 56 conveyances and 46 mortgages. Total mortgage value reached 86 974 47, compared with 77 conveyances and 38 mortgages last year, totaling 70 656 57 in mortgages.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
Gen Robert P. Scott Takes First Plane Ride Home
95 year old Gen. Robert P. Scott, lifetime honorary commander of Conference Veterans, flew Delta Airlines from Atlanta to Dallas after the convention in Atlanta this week.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
INS
Robert P. Scott
Atlanta
Delta Airlines
Dallas
Ford and Willys Agree to Joint Jeep Production
Washington. The War Department announces Ford Motor Co and Willys-Overland Motors Inc will co produce the army jeep. Ford will use River Rouge plant facilities at Dearborn Michigan to build a model identical to Willys product, while Willys supplies drawings patents and manufacturing information at no cost.
MENTIONED IN THIS ARTICLE
Willys
Robert P. Patterson
Brisk Rally Lifts Market Amid Rowing Week in Shores
Bernard O Hara reports a brisk rally ending a weak stock week. The Associated Press 60-stock average rose 4.1 points the strongest gain since Sept 17 while the week shows a net loss of 0.9. Transfers totaled 296 130 the largest for a short session since Aug 5.
MENTIONED IN THIS ARTICLE
Associated Press
Japa
Moscow
Wall Street
Aluminum, Ltd
Creole Petroleum
International Petroleum
York (Ap
Financiers Including Morgan to Testify in Pullman Case
J Pierpont Morgan and 43 financiers railroad and car executives were subpoenaed as witnesses in the government anti trust suit against the Pullman company. The case opens Nov 3 in a three judge federal court. Also named were George Whitney Richard Mellon Alfred Sloan Harold Van derbilt and David A Crawford. Thirty one individuals are defendants in the suit seeking separation of Pullman car manufacturing from its passenger service branch.
MENTIONED IN THIS ARTICLE
Philadelphia
J. Pierpont Morgan
Pullman Company
George Whitney
Morgan
Richard K. Mellon
Pittsburgh
Alfred P. Sloan, Jr
General Motors
Harold
Vanderbilt
New York
David A. Crawford
Chicago
Rail Bond Issues Spur Late Market Gains
Speculative rail issues spurted in the final hour of the bond market on Saturday, finishing with gains from fractions to more than a point. The general tone remained strong though some foreign issues showed weakness, while U S government bonds rose about 3/32 point in over-the-counter trading, long term issues leading the gains.
MENTIONED IN THIS ARTICLE
New York
U.S
Actor Victor Moore Sits Alone at Shows as Wife Remains Absent
The veteran actor Victor Moore is noted for occupying an empty seat at every performance. He always buys a ticket for his wife, who died six years ago, keeping her presence in the audience.
MENTIONED IN THIS ARTICLE
Victor Moore
Henry Gundling Joins Knapp and Company
Henry Gundling, five years in the Cedar Rapids investment field, becomes associated with Knapp and Company in a major business move.
MENTIONED IN THIS ARTICLE
Gundling
Cedar Rapids
Henry Gundling
Ceedaw Rapids
Knapp and Company
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Paul Gesner
John Beckley
Henderson
Federal Reserve Bank of New York
Morgenthau
Treasury
Sth Ave
Ird St
Lamson Bros
Oan Ee
Etek Ee
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DOW Jones
Igh
Ind
England
France
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RAF
Berlin
Royal Air Force
Europe
Royal Marines
Channel
W. T. Sands
Rinting CO
Second St. NE
DIAL
Chicago Livestock
U. S. Dept. Agriculture
Knapp & CO
Merchants Bank
Real Estate and Mortgage Reports
All
Ford
Jeeps
The
Maryland
New England Fund
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Td Oil
B . Ie
US Elect & Pow Ae
A. G. Heim
Roosevelt Hotel
Brisk Rally
Bernard 'S
O'Hara
KNAPP
E. Cohn and Sons Ltd
Ave
3Rd St
Consult
Scott-McIntyre & Co
Merchants
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