Stock Exchange Seeks Reason For Market Collapse
The New York stock exchange issued a questionnaire to members covering three weeks of buying and selling in U S Steel common stock amid a seven billion dollar market collapse. The probe asks how much activity came from abroad and who profited, aiming to determine if fear, manipulation, or other factors drove the slump. Government officials meanwhile warned that the market's decline reflected broader economic weakness and urged patience as production and employment conditions improve.
MENTIONED IN THIS ARTICLE
EW York
INS
New York Stock Exchange
U.S. Steel Common
Stock Exchange
Steel Common
Washington
Wats
Commerce Department
Perkins
Stock Rally Paused by Profit Taking After Oversold Bounce
Brokers attributed the market pause to profit taking after an oversold rally. Traders noted selling pressure amid mixed economic signals and cautious sentiment, with many investors locking in gains as prices rebounded from lows.
MENTIONED IN THIS ARTICLE
Feab
Fats
Twoesear Do
Fordiem Connect
Change of Seasons bolsters business
Autumn impetus to retail trade helped sustain the nations business amid market downturns. Observations from New York and Chicago show improved demand, higher department store turnover, and steady employment, while some regions report slower wholesale and export activity due to ongoing conflicts abroad.
MENTIONED IN THIS ARTICLE
Wall Street
Edgar
Moekerly
New York
Lustear
American Legion
Cleveland
Toledo
Diesel production ahead of last year in six months of 1937
The report notes diesel production rose over the first half of 1937. It credits increased diesel engine use and rising engine exports to foreign markets. South America and Europe are highlighted as growing demand areas for American engine exports.
MENTIONED IN THIS ARTICLE
Diesel Industy
Reseu 'Oureau
South America
Europe
Copper Mountain Dismantled in Steps Near Salt Lake City
Utah Copper company workers dismantle Copper Mountain in Bingh am Canyon thirty miles southwest of Salt Lake City. Since 1906 the operation has moved 258 287 356 cubic yards of material and daily ore and waste totals 173 071 tons as prices and demand rise, the mountain now forms a stepped pyramid.
MENTIONED IN THIS ARTICLE
Salt Lake City
Mohammed
Utah Copper Company
Bingham Canyon
Great Salt Lake
Copper Mountain
Pinama Canal
Remodel Flodin Building for New Wholesale Firm
Work began last week on remodeling the Flodin building at 419 First Street SE for a new wholesale fruit and vegetable company. The Stark Construction Co. handles the $36,000 brick and steel warehouse upgrade, with plans for a modern refrigeration plant and interior rework to support rapid perishable handling.
MENTIONED IN THIS ARTICLE
Flodin
First Street
C. C Flodin
Stark Construction Company
Flodin Fruit Company
Nash Flodin Company
Nash Finch Company
Nash Finch and
Lagomurcing
Haegg Roofing Company
Wheat Fluctuation Diverts Attention From Corn Muddle
A 1 1/2 cent drop in wheat and a steadier close diverted attention from the corn muddle. Trading in September corn was halted two days before settlement amid manipulation allegations and a potential squeeze. Contracts for 8.01 million bushels faced settlement next Thursday with some delivery and rest by settlement price set by the exchange.
MENTIONED IN THIS ARTICLE
Cincago
Board of Trade
Commodity Exchange Administration
Kansas City
Wheat and grain market notes from Winnipeg Minneapolis Chicago
Market listings for wheat corn oats and soybeans across Winnipeg and Minneapolis show bid and offer levels. Prices span Dec and May futures with protein and grade notes for durum and hard wheats, along with cash grain quotes for No 1 and No 2 varieties and provisions in Chicago markets.
MENTIONED IN THIS ARTICLE
Winnipeg
Minneapolis
Montana
Montna
Chicago
Skelly Oil Sponsors Missing Heirs Radio Show Debuts
Skelly Oil Company sponsors a new radio program The Court of Missing Heirs to locate unclaimed estates. The half hour CBS network premiere at 6 pm features WBBM Chicago origin with WOC Cedar Rapids among stations. Authors Al Shebel and James Waters built investigations for authentic cases.
MENTIONED IN THIS ARTICLE
Skelly Oul Company
Pam
CBS
WOC
Cedar Rapids
al Shebel
James Waters
WBBM
Chicago
Bank Clearings Reach New Weekly High Across Major Cities
Bank clearings in Bax' Cedar Rapids rose to 5 946 911 for the week ending September 22, the best since June 16. Leading cities totaled 6 502 014 000 for the week, up 22 ½ percent from a year earlier, with New York at 4 074 753 000 and outside centers at 2 427 261 000. gains noted in Cleveland Pittsburgh Minneapolis San Francisco Buffalo Seattle Louisville.
MENTIONED IN THIS ARTICLE
Bax
Cedar Rapids
Dun and Bradstreet, Inc
United States
New York
Cleveland
Pittsburgh
Minneapolis
San Francisco
Buffalo
Seattle
Louisville
Union Pacific Oil Prospects From Wilmington Fields
Oil revenues from Union Pacific are poised to grow based on Wilmington field development. Wesley Smith notes 14 600 barrels daily this month with 43 producing wells and plans for 100 completions over two years. The road holds 800 acres of productive land and could yield 68 000 000 to 80 000 000 barrels, half likely in six years.
MENTIONED IN THIS ARTICLE
Union Pacific Railroad Company
Wilmington
Wesley Smith
Los Angeles Times
Union Pacific
Air journeys push aviation frontier with long desert survey
A Queensland group completed a 5195 mile exploration flight to central Australia’s Petermann ranges by air and camel, using planes to maintain contact and resupply. In a broader aviation note, Pan American inaugurates a 1600 mile air route linking Rio de Janeiro to Asuncion and Buenos Aires via Paraguay and Argentina, cutting mail times by over two weeks. A Cologne to Cologne world run shows air speed and endurance, totaling 30000 miles in 10 days with 130 mph average.
MENTIONED IN THIS ARTICLE
Australia
Petermann Ranges
Queensland
Brisbane
United States
Republic of
Paraguay
Pan American Airways
Rio de Janeiro
Brazil
Argentina
Asuncion
Buenos Aires
New York
Cologne
Berlin
Leipzig
Penang
Hong Kong
Imperial Airways
San Francisco
Chicago
Chicago-Miami
Miami-Natal
Natal
Paris
Paris-Cologne
OilIndustry Shares in Gasoline and Lubricants Output
The motor industry uses 85 percent of total gasoline production and 58 percent of total lubricating oil production.
The Unwritten Story at Rosenbaum's Store
The Unwritten Story film will be shown by Miss Justin Deardis of Norge Corporation at Rosenbaum Furniture Store Lindenay and Tuesday at 2 30 p m. The production stars Francis X Buchman and others filmed in Hollywood with 175 cast members and features Norge product background.
MENTIONED IN THIS ARTICLE
Justin Deardis
Norge Corporation
Rosenbaum
Tlenday
Norge
Hollywood
Francis X
Buchman
Attend Meeting In Excelsior Springs
R T Moore district manager for Equitable Life Assurance Society and Mrs Moore left Saturday for Excelsior Springs Missouri for the agency convention to be held at The Elms hotel on Sept 26 27 and 28 Also attending are Mr and Mrs R L Short and J W Ensign.
MENTIONED IN THIS ARTICLE
R. T. Moore
C Avenue
Equitable Life Assurance Society of the United States
Also Mentioned on This Page
U.S
Erracre
Brisas
Steccanirran
Ato
Steenl
Rvestgaten
Bears
Reoeseve
Beats
Seurchiry Perkins
Thomas FE Flanagan
Ate Sons
Ares
Sowest
Shels Motors
Vetiva
Pete
Tata
Capea
Varius Tetrad
Federal Reserve Bank
Kansas
Los Angeles
China
St. Paul
Spicer Manufacturing Co
Certa
HUN
Piameet
Thompson
Quaker Oats Company
Cedar River
Local Securities
TOC
Securities
Bator
San Boer
Bleon S Nees
Pricon Co
Flodin Bldg
Mississippi
Pitasen Brothers & Co
Mowrey
Moanglger
Merchants National Bank
Dee
Skelly Oil Company
ANC
Dickinton Secretarial School
Cedar Rapids Savings Bank
Aviation
Save With Life Insurance
Leo G. Ulich
the Mutual Life Insurance CO
American Trust
Wife Insurance Co
America
Asselaayer One Willion Dollars
Rosenbaum’s
Excelsior Springs
RESS
Maryland Fund
Carterly Inc
Am Sh_ Inc
Super Corp
L & BP
W. T. Sands
C. R. Printing Co
Second Street
DIAL
Mile Whipple Agency
Insurance and Bonds
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