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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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