Slower Industrial Pace Contrasts With Heavier Trade Signals
The Associated Press reports a slower week for U S industry contrasted by higher retail and wholesale activity. Steel output rose to 80 percent capacity while freight carloadings declined. electric power dipped with holiday effects. Trade sentiment remained mixed amid labor, farm, and foreign demand factors as a Chamber of Commerce to aid travel information on Mexico is noted.
MENTIONED IN THIS ARTICLE
Far East
Associated Press
Association of American Railroads
Edison Electric Institute
Federal Reserve Aites
New York
Chamber of Commerce
Mexico
U S Steel Industry Modernizing Itself
The American steel industry advances in modernization without layoffs, says E J Kulas of Otus Steel. About 800 million dollars is expected to be spent in 1937 on new equipment and mill modernization, including twenty seven continuous rolling mills, boosting capacity to over 12 million tons of sheet and plate annually.
MENTIONED IN THIS ARTICLE
New York
E J Kulas
Otus Steel Company
Kulas
American Tron and Steel Institute
Radio Cabinets Made Here Sent To The Far East
Los Angeles county produced over 1.59 million dollars of aircraft and parts sent to 21 foreign nations in the last three months. Countries and values include Australia 367,670 and Russia 318,900. Japan 262,800. China 249,240. with others to New Zealand, Netherlands, Italy, Sweden, India, Argentina, and more.
MENTIONED IN THIS ARTICLE
Los Angeles
Calif
Australia
Russia
Japan
China
New Zealand
Netherlands
Italy
Sweden
India
Argentina
Philippine Islands
Turkey
Venezuela
Paraguay
Costa Rica
Mexico
Peru
Belgium
France
Hong Kong
Panama
Alaska mail planes carry passengers and mail on coast routes
The storied Kuskokwin to Flat and Bethel on the Pacific coast transport three to four hundred passengers monthly. They move mining men, trappers, officials, teachers and tourists. Under dog team contracts these planes also carry all the post office mail, delivering 100 pounds of mail matter for every passenger.
MENTIONED IN THIS ARTICLE
Kuskokwin
Flat
Bethel
Pacific Coast
Rubber Goods Industry At An Eight Year High
The half year totals show production and distribution near an eight year peak across most rubber goods divisions. Industrial rubber products lead gains with 25 to 45 percent rises, while original equipment tire production slips from last year. Inventories set records mid year, and total automobile tire production for 1937 is forecast at 56.2 million units with a first drop since 1932.
MENTIONED IN THIS ARTICLE
Rubber Manufacturers’ Association, Inc
Dun and Bradstreet, Inc
Rubber consumption climbs past 1936 highs in seven months
Crude rubber consumption for the first seven months of 1937 reached 352,068 long tons, a 6.3 percent rise over the 1936 all-time high of 331,356. June and July saw declines from 1936 figures, but year-to-date demand remained at a record level, 219 percent above 1935 and 518 percent over 1933.
MENTIONED IN THIS ARTICLE
Rubber Manufacturers’ Association, Inc
Credit Sales Rise in Cedar Rapids Region in August
Cedar Rapids retailers reported an average 15 percent rise in credit sales across several firms and lines of trade in August, per R E Walker of the Cedar Rapids Retail Credit association. The gain far outstripped the National Retail Credit association's 6 percent average for forty cities. Collections locally fell short of August 1936, while the national figure shows a 2.2 percent rise in collections year over year.
MENTIONED IN THIS ARTICLE
Cedar Rapids
R. E Walker
National
Local Securities Price Ranges Noting Recent Transactions
The Gazette Cedar Rapids notes that quotations are price ranges from recent trades and not firm bids or offers for securities. Readers seeking unquoted issues should contact the Financial Editor in Cedar Rapids.
MENTIONED IN THIS ARTICLE
Rite
the Gazette
Cedar Rapids Town
Chicago Produce Markets Report Shows Stable Prices
AP butter receipts 10.888 steady and eggs receipts 4.451 unchanged. Live poultry receipts include 1 car 14 trucks hens and various colored and white breeds with prices largely steady. Potatoes harvest on track with U S and state grade listings and price ranges. New York prices noted for butter and eggs with mixed color packs and standards.
MENTIONED IN THIS ARTICLE
Chicago
Plymouth Rock
White Rock
Toms Igc
Idaho
Burbanks
U S
U. S
Colorado Bliss
Washington
North Dakota Biss
Jinesota Cobblers
Wisconsin Cobblers U
Wisconsin Bliss Triumphs
Michigan
Green Mountains
New York
Squeeze collapses in September corn price drops 8 cents
The September corn squeeze collapsed on Saturday with the price dropping 8 cents to 1.0434 a bushel as longs and shorts eased deadlock. Reports of a potential compromise, freer old corn offerings, and possible new deliveries influenced longs to dump holdings. Wheat and other grains followed weaker tones while provisions moved mixed.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade and Commodity Exchange
Jongs
Shorts
Longs
Producers’ Cooperative
Liverpool
Wheat and grain market highlights across Chicago Minneapolis and Winnipeg
Market notes show Winnipeg wheat quotes Oct Dec May with slight shifts and open prices. Minneapolis receipts 227 cars and various No 1 and No 2 grades for hard winter and durum alongside corn oats and soybeans pricing. Chicago cash bids list multiple wheat corn oats rye barley and timothy values.
MENTIONED IN THIS ARTICLE
Lamson Brothers & Co
Cmicago
I R. Mowrey
Ceanr Rapids
Merchants National Bank
Winnipeg
Minneapolis
Chicago
Timothy
Weakness in stock market driven by domestic and foreign concerns
A broad market decline hit New York trading with major averages down to a yearly closing low. Steel and copper shares led losses as insiders' sales were reported, while Allied Chemical dropped out of the 200, and aviation and rubber issues also fell.
MENTIONED IN THIS ARTICLE
EW York
INS
Allied Chemical
Roosevelt
Supreme Court
Spain
Mediterranean
Pittsburgh
Securities and Exchange Commission
US. Steel
Bethlehem
Cerro de Pasco
Standard of New Jersey
Texas Corp
Douglas
Loew's
Paramount
U. S
Traffic Outing Gathers 200 Reservations at Cedar Rapids Country Club
More than 200 reservations have been received for the seventh annual Traffic Men's outing at Cedar Rapids Country Club to be held Wednesday. The 1936 event drew shippers and traffic representatives from Chicago Des Moines Kansas City Minneapolis and Omaha. Committees cover receptions golf baseball and field sports dinner and music transportation and carnival concessions. Lunch is set 1130 am 130 pm and dinner 7 pm 830 pm with a local orchestra performing.
MENTIONED IN THIS ARTICLE
Cedar Rapids Country Club
Chicago
Des Moines
Kansas City
Minneapolis
Omaha
Harry F Sundberg
Cedar Rapids
Harry Sundberg
Peter McCracken
Charles Shackell
C. O. Gray
O J DeVault
Everett Chandler
J W. Ludlow
Balcom Luberger
Harry Cohn
J L. Burgar
Sanford Kerr
G. H Tellier
E G. Kucera
Harry Good
F. O. Mueller
Don Lynch
Marvin Wright
C. R. Chandler
Charles Anderson
R. R. Epler
E. M Pinney
John Linsley
R. J Vorkoper
R. G. McGee
H J Kiing
C A. Wingett
Sidney Myers
John Murray
Dean Litchfield
B O. Eighmy
J. M Hardman
Louis Ohlman
H C Kilebeck
George Harmer
A C Hines
J. E. Richey
Charles Farr
Ray Buckner
H. J. Beals
Arthur Coburn
Val Barta
Fred Killen
P. F. Keehn
Alex Hallgren
J S Reid
J L. Farmer
J L. Hicks
H J. Owens
Ben Ogden Transportation
E. R. Petro
T. H D Wees
E. J Zadnichek
H A. Smith
JL. Coffey
D V Radke
Ray Kullander
R. C White
Joe Long
Nate Cohn
Earl Bapty
C Kinstler
Joe Baker
R Dorsey
S. A. DeWees
Prather
Retail Credit Assn Meets Monday Night
Raymond A Koehn credit manager of Iowa Electric Light and Power will speak on Credit Reactions at 6 p.m. Monday dinner meeting of Cedar Rapids Retail Credit at the Y. M. C. A. In the lighthouse district river aids to navigation extend 4 500 miles with 6 925 lights buoys and beacons.
MENTIONED IN THIS ARTICLE
Raymond A Koehn
Iowa Electric Light and Power Company
Cedar Rapids
Mississippi River
New Orleans
Number of Gold Hunters Dwindles
AUBURN Calif AP The army of gold hunters who went into the hills during the depression partly because gold was 335 an ounce and partly because they had no other jobs is gradually dwindling. Stuart Schwab Iowa Hill storekeeper who used to buy 500 dollars worth of gold dust a week now his weekly trade is less than 100 dollars.
MENTIONED IN THIS ARTICLE
Auburn
Calif
Stuart Schwab
Iowa Hill
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Thomas E. Flanagan
Cleveland
U.S. Steel Industry
Executive
BY Merryle Stanliy
Roklysla
Dallas
Aviation
San Francisco Bay
Oakland
San Francisco
Protech Enterprise
Fist
Aim Express
London
Tvans
Po Tofime
Vfei-crown
Frag Pd
Roomy Lontor
Obe
Korda
Calicutta
Tsovo
Peel
Estuba
Saris
Thompson
Peoples Grocery
Third Avenue SE
Thx
First Avenue
First Avenue E
Mile Whipple Agency
Insurance and Bonds
American Trust
Local Securities
Central States
Roosevelt Hotel
Tous Evee Co
Leewa E
A & Pr
United Sta
Marner Uni
Bishop Cafetera_unit
Elec Co
Central States Elec Co
Inner Ocean
Inter-Ocean_Securities Co
Elec
United
Towa Sectrilics
P. A Lt
Interstate Power Co
Towa Public Servicr Co
Towa
Blic Service Co
Town
Southern
Uns
Uris
Southern Utis
Tows State College Amestria
Lenin Univesity
Sioux City Gas & Elec Co
Winterlon
Cedar Fails
Wackhawk Perrs Corp
Cerieal States
St Ute
Ray Interstate Power Co
Tena Southern
Rath Packing Co
Iin Sioux Cue Cue & Eiee Co
Western Grocer Co
Us Western Grocer Co
Cincago
Peter Fox Sons Co
Telephone
Sanford
Retail Credit Ass
ABC
Dickinson Secretarial School
Cedar Rapids Savings Bank
W. T. Sands C. R. Printing Co
Second Street
DIAL
Au Tug
Sun An
Fuel Co