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Waterloo Evening Courier in Waterloo, Iowa

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

Waterloo Evening Courier

Location

Waterloo, Iowa, United States of America

Date

May 22, 1929

Page

5

Gasoline Prices Vary Widely Across the United States

A nationwide check by one thousand sixty five AAA motor clubs on February 19 1929 found 77 distinct gasoline prices. Straight run ranged from 12 to 24.5 cents a gallon and high test from 15 to 27.5 cents exclusive of tax. Lowest prices were in Muskogee Oklahoma and highest in Wallace Idaho. Prices near oil fields and inland locations were similar. Regional averages showed Atlantic seaboard 17.0 straight run 21.0 high test. Mississippi Valley 16.5 and 19.3. Pacific coast 18.1 and 21.8. The survey highlights rapid price changes within small areas.

Washington, D. C United States American Automobile Association Washington Muskogee Oklo Wallace Ida Tidewater Atlantic Seaboard Mississippi Valley Pacific Coast Colorado West Virginia

Chrysler Reports 26 Percent April Shipment Gain

Chrysler corporation reports April shipments of all Chrysler built cars rising 26.5 percent from April 1928 to 59,785 units including Plymouths, Chrysler 75 and 65, Imperials, DeSotos, Dodges, and trucks. First four months of 1929 total 182,521 units, up 14.38 percent from 159,857 in 1928. Plymouth leads with 16,113 in April, 4,000 orders unmet. Plymouth plant set first 1,000 car production day.

Chrysler Corporation Corporation Chrysler Dodge Dodge Brothers Plymouth Altho New Plymouth DeSoto Fargo Trucks

Gasoline Prices Change Cents Per Gallon

The notices show gasoline price adjustments from 21 cents to 24 cents for high test and 17 to 24 cents for straight run fuel. The changes reflect a shift in issued rate per gallon and affect local customers.

Cannon Ball Baker Breaks Three More Road Trip Records

Cannon Ball Baker, famed racing driver noted for crossing North America ocean to ocean 93 times, adds three new long distance marks. His latest stunt features a mountain climb on the Pacific coast with two back to back Mt Diaboo round trips in under a minute. Earlier exploits include Los Angeles to Phoenix and Dallas to El Paso trips in a stock model 135 Franklin.

Baker Los Angeles Phoenix Cannon Ball Baker North America Pacific Coast Mt. Diaboo Oakland Cal Dallas el Faso

House started for Francis LaBarre on Grant Avenue

Austin Smith, general contractor, started work on a new bungalow for Francis LaBarre at Grant Avenue and Randolph. The five room home will cost $5,000. Labarre is assistant cashier of Waterlaa Savings Bank.

Austin Smith Francis LaBarre Grant Avenue Randelph Labarre Waterlaa Savings Bank

Reserve Banks Expected to Raise Rediscount Rate

Washington May 23. Financial circles forecast a rediscount rate increase by principal Federal Reserve banks following the Federal Reserve Board advisory council recommendation that banks be allowed to raise their rate to 6 percent. New York and Chicago institutions were said to have requested the privilege. The aim is to align rediscount rates with prevailing commercial money rates to improve financial conditions and hasten a safer, lower rate structure to aid commerce and agriculture. The policy would continue the board’s Feb. 5 agreement that too much credit has been absorbed in speculative channels.

Washington, D. C Federal ‘Reserve Federal Federal Advisory, Council New York Chicago Council Speecy

Lea’s Hair Tonic Promises Color Return

An advertisement touts Lea’s Hair Tonic as a safe remedy to restore hair to its former color without staining or danger. It claims gradual color return in weeks, with a satisfaction guarantee or money back, offered via Lea’s Tonic Co. Brentwood Maryland and through local druggists.

Lea Lena Lea's Tomla Co Brentwood Maryland Hai Lea's Lea's Tonic Co

Federal Reserve policy boosts banks amid credit restraint

The New York Fed warns that the policy to restrain speculative credit has reduced banks loans to brokers and dealers by 192 million dollars from a prior peak. Despite efforts, bank lending rose to new records earlier, then fell to 5.565 billion last week as the campaign continued.

Eas New York Federal’ Reserve

Motorist reports truck hit same car twice

L G Sanders of 550 Leland Avenue says a large vehicle with license T 1266 struck his car twice yesterday afternoon. He told police he is wary and keeping an eye out for the truck as the heavy vehicle appeared to target his car.

G. Sanders Leland Avenue

Local vehicle collision report notes ownership confusion

A fragment notes a collision involving a truck registered to Havel Used Auto Bales at 620 Jefferson Street. The text is incomplete but indicates an ownership dispute or identification detail tied to the vehicle.

Jefferson Street

All Starters Share Speedways 500 Mile Purse

Indianapolis May 22 reports that the 500 mile race on May 30 at the Speedway will share a $100000 purse among drivers. The first ten finishers split $50000 with varying amounts and $20000 goes to leaders of each of 200 laps while sponsors add cash and trophies totaling about $20000.

Indianapolis Indianapolis' Motor Speedway Wil

Also Mentioned on This Page

Ing Ney DA Wno Colo Lidkad Sieies Kan Tex Okla Spa A.A.A. Motor Clubs Durinc Fowler-Warren Company Chrysler-Plymouth Franklin and Park Ave Waterloo, Iowa Reserve Bankers Plan Mn Ae Rubes Revco Revere del Soto Chrysler Motors de Soto Black Hawk Motor CO W. 5Th St
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