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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Oct 20, 1940

Page

8

Defense Construction Signals Record Winter For Unemployed Industry

Observers expect defense led build up to create one of the busiest winters in U S history as heavy contracts surge for war plants. Officials warn price risks if armament spending climbs, while unemployment drops are projected despite large defense outlays.

York (Ap) -Salidit Defense William Knudeen Detroit Bureau of Agricultural Economics

Linn County Real Estate Transfers and Mortgages Report

Conveyances total 17 and mortgages 48 recorded in Linn county for Oct 11 to Oct 17, 1940. Mortgage aggregate is $70,656.57, compared with last year’s 29 mortgages and 53 conveyances totaling $118,448.

Linn County Linn County Abstract Company Acaregate

Incorporation Notice for Bishop Stoddard Cafeteria Co.

Public notice proclaims Bishop Stoddard Cafeteria Company incorporated under Iowa law. It lists business aims, capital stock of 250000 dollars, 25 000 shares at 10 dollars, and corporate existence from 1940 to 1941 with directors and officers named along with Cedar Rapids Iowa and other cities.

Bishop Stoddarh Cafeteria Company Cedar Picts Iowa Benguet Cedar Rapids Cyril L. Kesler Dolph A. Huene Sam I. Park Joe Glenn Roy L. Triplett Glide Respantorn Peeesereer Spreamuter Operty Linn County Bam Park Des Moines Iows Oe Glenn Sioux City Oy &, Triplett Davenport Clyde KR. Gan

Plan To Recapitalize United Light

Chicago report outlines United Light and Power recapitalization converting outstanding stock to $10 par value common shares. It eliminates $51 per share in preferred dividends, creates a $34.43 million surplus, with $25 million for depreciation reserve and other write offs. Preferred holders get six new shares per old A preferred. A common and B common convert at one for ten. Total capital drops from $78.9 million to $39.48 million with 91.2 percent new stock to preferred holders and 6.13 percent to A common. Woolfolk says simplification aids holding company act compliance. Anderson notes plan does not affect Incal utility. only holding company recapitalization.

Chicago INS United Light and Power Company Securities and Exchange Commission Beommon William G Woolfolk

Kept Business After Highway Rerouting

Everett Butterfield’s Conoco station at 1000 Fifth Avenue SE survived a highway reroute after Red Triangle magazine publicized his resilience. Three days after the reroute he posted a sign guiding motorists two blocks to the right and now reports about a thousand gallons in monthly business he would have lost.

Everett Butterfield 1000 Fifth Avenue SE Continental Oil Company United States Butterfield Conoco

Bank clearings decrease in Cedar Rapids week

Bank clearings in Cedar Rapids fell last week to 1,281 51479 dollars from 1,358,799.12. The Clearing House reported 1,456,754 50 cleared through the city’s banks in the same week last year ending Oct 21, 1939.

Cedar Rapids

Demolition Planned for 1863 Amana Soap Works Site

The 1863 standstone Amana soap works building, recently sold to J L Swift and his brother L Swift, is to be torn down. May reuse weathered stone in a local residence. The plant formerly produced hard and soft soaps and toilet soap using surplus fats from nearby markets.

Amana J. L. Swift Marengo L. Swift Amana Soft

Federal Home Loan Bank Serves Iowans

The Federal Home Loan Bank of Des Moines reports about 315000 Iowa citizens use its thrift association facilities as investors or mortgage borrowers. The system, created in 1932, pools secondary credit for long term home financing and is owned by 3,902 local member institutions and the federal government.

Federal Home Loan Bank Citiens Iowa Credit Reserve R J. Richardson Federal Home Loan Bank of Des Moines Minnesota Missouri North Dakota South Dakota Charles B Robbins Cedar Rapids Irwing mm Chicago H H. Bennett J. W Trons Mason City John R. Lonmis Red Oak

Cedar Rapids Market Prices Mixed For Grains Livestock and Produce

A Cedar Rapids market listing shows grain prices for No 1 and No 2 oats rye barley and soybeans with hay straw and corn values. Poultry prices include hens broilers leghorns and young birds with weights spanning 5 to 8 pounds. Wholesale fruits vegetables and other items list lemons oranges celery onions cabbage carrots potatoes pears apples cranberries and hides with various price points.

Cedar Rapids Ise Brotlers Ees

Chicago Grain Quotations

Lamson Brothers and Company furnishes Chicago grain quotations. H R Mowrey is manager with Cedar Rapids office at 503 Merchants National Bank building. Contact via phone 2 3141 for price quotes and market updates.

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

Highway Bulletin Lists 32 Detours For Week

Iowa's state highway commission issues a weekly bulletin detailing 32 detours on primary roads due to construction with some roads under construction but traffic maintained. Detours cover many routes including US 6 US 20 US 65 and Iowa highways plus asphalt and earth works with varying surface detours and miles.

Iowa Iowa State Highway Commission Benton Town Joan Leon Decatur City West Liberty Manly Luxembure Bremer County Ottumwa Northwerst Jefferson Ae Chardan Cedar Falls Nichols Greenfield Orient Fenton Armstrong North Mannine Inwa Hudson Renwick Sabula Harlan U. S. Ti Vis Atlantic Humeston Almont Marshall County Storm Lake Cascade Maquoketa River Iowa 136 Dyersville Dallas Boone U. S. 169 Mount Arr Ute Soldier Mapleton Turin Randolph Towa Linn County Cedar Rapids McIntire Iowa 14 Ayrshire Mount Zion Jefferson County Bremer-Fayetta County Rineeard-Taylor County North Junction South Junction Sioux County Alton Hosper West Junction US S&s A Keokuk Missouri Line Oskaloosa Mason City Melcher

Stocks And Bonds Of Interest In Eastern Iowa

Eastern Iowa investors see price ranges for recent trades in metals and commodities. The report notes quotations are not firm bids and invites readers to contact the financial editor at the Gazette in Cedar Rapids for unquoted issues.

Iowa the Gazette Cedar Rapids

Steadier Tone Sees Wheat Market Hold After Loans Report

In Chicago on Saturday a steadier wheat market followed loans data showing farmer-owned wheat seals at 8.683 million bushels for the latest week, season total 21.803 million, easing fears of forced selling. Prices closed unchanged to ½ cent higher. Dec 85 1/2, May 84 3/4. Corn eased about a quarter to three quarters, while oats and rye were dull and soybeans firmer. Cash wheat No 3 red 93 1/2 cents, corn old No 1 yellow 67 cents. Lard and field seeds quoted with typical market activity.

Chicago

Markets update Chicago produce prices and futures

Chicago AP reports butter receipts 475654 firm prices and eggs 3604 firm with various grades listed. Potatoes arrivals on track 278 total US shipments 617. Idaho russet and Nebraska bids shown. Produce futures and Dow Jones averages included with price moves.

Chicago Idaho Nebraska Nebraska Bilss Us&s U. S Lamson Bros DOW Jones

Week's Most Active Stocks Rise on Gains Across Dow Groups

The Dow Jones averages for industrials rails and utilities posted weekly gains as buying power entered all sections. Crucible Steel Paramount and Youngstown led strength while profits tax changes created mixed effects. Willkie poll gains boosted market optimism amid shifting trader expectations.

Crucible Steel Paramount Youngstown Willkie

Stock Market: Mixed Session Amid Balkan Nervousness

The market drifted in quiet trading on renewed Balkan tension with modest losses limited to a few issues while strength appeared in others led by American Telephone. Steel shares fell but rail and aviation stocks showed mixed moves as market closed with narrow gains and lower commodities.

Balkans Pittsburgh Youngstown Chicago South York Crucible Steel Jones and Laughlin Steel Chrysler General Motors Douglas United Aircraft American Telephone J. I. Case Dow Union Carbide Pere Marquette Prior Union Pacific

Extra Motor Taxes Could Fund Military Road Plan

A 1940s analysis notes motorists face about five billion in extra state automotive taxes in the decade to 1940, enough to fund 75 000 miles of war department highway projects. It cites state taxes since 1930 totaling over ten billion and a federal tax rise adding 112 million annually to highway costs.

United States American Petroleum Industries Committee War Department Committee Congress

Real Estate Transfers Reported in County Records

List of property deeds including Frank and John Lilly transferring to W A and Grace Clymer. Zabokrtsky trust transfers to Emma McVey. Harry Sanderson to Linn County road land. Mary Recicka to Joseph Becicka. John Richard Lilly to W A and Grace Clymer. Lester Mitchell to Roland and Donald Frink. Roman Houser to Jennie McIntyre. Transactions dated 1929 to 1940 with nominal sums and encumbrances noted.

Frank David Lilly, Jr John Henry Lilly W. A Grace Clymer Hus Cooper Valcon Joseph Zabokrtsky Emma McVey Zabokrtsky Harry Sanderson Wtf Linn County Iowa Mary Recicka Joseph Becicka Bever John Richard Lilly Lester Owen Mitchell Roland L Donald P. Frink Orig Lisbon Roman Houser Jennie McIntyre Oakland Grove

Chicago Livestock Market Report Summary

Chicago livestock receipts show hogs steady to firm with light gains and hogs closing near 104 with bulks 210-300 lb at 64.50 to 65. Top hogs 60 to 66. Cattle receipts about 1 000 with calves steady to higher. fed steers and yearlings firm to 25 cents higher, canners weak. Sheep receipts 300 with fat lambs 9.25 to 9.35 and ewes around 4.60 to 4.40.

Chicago Livestock Chicago

Also Mentioned on This Page

Associated Press Boom Records Real Estate and Mortgage Reports Maryland Fund Sec England Fund Ory Nor Am Tr Incqme Am Snenee Am Trustee Ltd Oil Agstee Ltd Oil Bishop Stoddard Cafeteria Company Tell United Light Mark Anderson Cedar Rapids Gas Company Anderson Raze Old Amana Soap Works Wm. F. Noe THE Aldo Market P-R-I-N-T PRIN W. T. Sands ING CO Second St. NE DIAL Highway Bulletin Parlor City Express New York Valley Osmot East St East St Louis Central States Elec Elec Co Cherry-Burrell Co Roosevelt Hotel Town Land & Ride Iowa Electric Co Iffil NZ Town Electric Co Electric Co Interstate Power Co Southern Util Co Sou Ut University Stud Penicka Ford Quaker Oats Co Quaker Orts Co Rath Packing Co Rath Packing Co Common United L. & &. CO United L & R. Co United L. & Rco United L. & R. Co Wison & Co Wilson & Co Western Union Winnipeg Inc Thee One U. S. Steels Paramount Pictures Republic Steel Ee Youngstown Tube Commonw Southern New York Central Edison Eerenee Radio Corp Jas, E. Bennett and Co Tel W. H. Jump Res. Mgr Crandic Iowa City Cedar Rapids and Iowa City Railway Loews Montgomery Ward Sears Roebuck Liggett Myers B Lecel A. G. Heim Roosevelt Hotel Cedar Rapids, Lows Gazette
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