Wider Social Security Plan Aimed at Defense Financing
The plan would raise Social Security contributions to 3 percent for workers under 3,000 dollars income, extend coverage to farm and domestic workers, and offer a three month wage refund to cushion postwar readjustment. Morgenthau favors expansion over compulsory savings, with revenues used for defense and other fiscal needs. The measure could add about 2.5 billion dollars annually to defense funding and influence consumer prices through adjusted purchasing power.
MENTIONED IN THIS ARTICLE
Morgenthau
Washington
Social Security
Wheat Develops Easy Tone In Pit On Chicago Board
Wheat eased after a brief rally on the Chicago board of trade with prices closing near session lows. September slid to $1.1115 a bushel while soybeans traded higher then retreated, and other grains fell modestly. Winnipeg wheat gained. price administrator Leon Henderson commented on parity ceilings, noting no expected surge in farm prices.
MENTIONED IN THIS ARTICLE
Chicago
INS
Chicago Board of Trade
Winnipeg
Leon Henderson
Washington Dispatch
Chicago Cash Grain and Wheat Prices Report
CHICAGO AP reports cash grain prices with No. 2 hard wheat at 1.0994 dollars per bushel and No. 2 yellow hard at 1.0934, corn various nonstandard bids, barley values, and lard market notes with prices and samples.
MENTIONED IN THIS ARTICLE
Chicago
Closing Averages and Bond Figures Report
A compact market update outlines closing averages, bonds, and price movements. It notes changes in indices with figures like 90.79, 93.53, and 8.03 gains, alongside lows and highs and a 0.15 to 0.04 shift in various entries.
MENTIONED IN THIS ARTICLE
Bonds
Army expands fleet of 5,000 boats and coastal defense roles
The Army unveils a rapidly growing water fleet led by the quartermaster corps with nearly 5,000 craft, from 200-foot mine planters to 100-foot rescue boats, under civilian crews in peacetime and army control. Engineers run most units while the navy would command during war, as transport service now operates 30 ocean-going ships and plans for broader use.
MENTIONED IN THIS ARTICLE
Ashington
U. S. Army
Navy
Quartermaster General
U. S
Army
Corps of Engineers
Air Corps
Signal Corps
Coast Artillery
Quartermaster Corps
Army Transport Service
Uncle Sam
C. A
U. S. Engineers
Engineer Corps
Office of the Quartermaster General
Jawbreaker
Cedar Rapids Miscellaneous Goods and Produce Listings
A fragmented Cedar Rapids market notice lists grains like oats rye barley and wheat by grade, plus assorted produce including lemons grapefruits celery lettuce onions potatoes pears peaches and watermelons. It also lists hay straw poultry prices and other farm items with varied weights and unit prices.
Beetles Hitchhiking to Midwest as Invasion Begins
The Japanese beetle menace spreads from Riverton to Riverton and beyond as officials report beetles boarding outbound planes from LaGuardia. A three expert anti beetle unit inspects flights to keep the Midwest and South free of this crop pest.
MENTIONED IN THIS ARTICLE
NEA
York
Uncle Sam
Midwest
South
Animal Kingdom
LaGuardia Field
U. S. Department of Agriculture
America
Japan
Riverton
N. J
Department of Agriculture
Pittsburgh
New York
Horace Greeley
Cedar Rapids Bank Clearings Rise Again in 1940
Cedar Rapids clearing house reports weekly bank clearings increasing over the prior year. For the week ending August 16 the total reached 1 586 569.28 dollars, up from 1 155 334.42 a year earlier.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Cedar Rapids Clearing House
Steadier Tone Returns To New York Stock Market
The New York market steadied after erratic moves with mixed early prices turning firmer in the second hour. Volume was light at 120000 shares, small for the year, while several issues rose including Columbian Carbon and Household Finance preferred and Dow Chemical and United Aircraft dipping.
MENTIONED IN THIS ARTICLE
New York
N“ York
INS
Commercial Investment Trust
Household Finance
Dow Chemical
St. Joseph Lead
Republic Steel
Jewel Tea
U. S. Steel
Youngstown Sheet & Tube
General Electric
American Can
Pennsylvania R. R
Celanese
du Pont
Johns-Mansville
U. S. Gypsum
Douglas Aircraft
United Aircraft
American Telephone
Macy
Eastman Kodak
Procter & Gamble
Treasury
Stocks And Bonds Of Interest In Eastern Iowa
Eastern Iowa market notes show price ranges from recent transactions. Readers may contact The atelic Financial Editor in Cedar Rapids for details on issues not listed.
MENTIONED IN THIS ARTICLE
Iowa
Theatelic
Cedar Rapids
Linn County Real Estate Conveyances and Mortgages
Conveyances and mortgages recorded in Linn County from August 8 to August 14 reported by Linn County Abstract Company show 69 conveyances and 46 mortgages totaling 105 045 dollars. The same week last year recorded 62 conveyances 40 mortgages and 86 836 25 dollars in mortgages.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
POTATOES AND BUTTER MARKETS UPDATE IN CHICAGO
Market notes show arrivals 77 and on track 198 with total U.S. shipments 363 and moderate supplies. Idaho and Oregon prices for U S No 1 potatoes range around 1.50 to 2.18 with several regional varieties noted. Butter receipts around 915 184 pounds with 10 826 cases as of report.
MENTIONED IN THIS ARTICLE
Chicago
API
U. S. Dept. Agriculture
U.S
Idaho
Oregon
Nebraska Cobblers
North Dakota Bliss
Chicago Livestock Market Report Wide Hog Cattle and Sheep Moves
Chicago livestock receipts show hogs steady with strength on lean offerings and lower on weighty butchers. top hog price $11.70 with weights 270-300 lbs. Cattle yearlings steady to strong, steers mostly down 10-15 cents, top prices around 12.65 for 1341 lb yearlings and 12.50 for mixed loads. Cows weak to 25 cents lower, bulls firm. sheep spring lambs 10-15 cents lower, fat sheep 25 cents higher with best natives 11.40, ewes around 3.75 to 4.75.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
UPI
US. Dept. Agriculture
Welahty
Iato
Best Northwesterns
Best Earings
Bulk
Fewght Ewes
Demand reaches record levels for seasonal commodities
The department of commerce reports demand for many commodities is at record levels this season, signaling strong market activity and potential price impacts for consumers and industries.
MENTIONED IN THIS ARTICLE
Department of Commerce
Also Mentioned on This Page
Paul Gesner
Paul Beckley
United States
the Gazette Special News Service
Russia
Associated Press
Bow Jones
Bonda
E. Cohn & Sons, Inc
H Ave
3Rd St
VICHY
Lucien Romler
National Council
Jean Darlan
Eleanor Ragsdale
Gallette
U. S. Corps of Engineers
Lamson Brothers and Company
H. .R. Mowrey
Merchants National Bank
Lane
Caen
California
Ms Ae Duch Calif
Ornia
Bie
Ele Ei Lee Ms Octet
TWA
Jean Stephl
Roger Reynolds
Cedar Rapil W. T. Sands
Rinting CO
Second St. NE
DIAL
Sth Ave
3Rd St. SW
Central States
Elec. Co
Interstate Pr Co
Interstate Power Co
Iowa Public Service
Towa Public Service
Towa Southern Utilities Co
Dee Southern ‘Utilities Co
Towe Southern Utilities Co
Towa University Stadium
Wees Lapinnt-Choate
Mfg. Co
Lavinnt- Choate
Oe LaoPlant-Choate Co
Link-Belt Co
United Li Ys Co
Ilson & Co
Wilson & Co
Pia
San
Western Grocer
Pfr
Avenee Western
Western Union
Real Estate and Mortgage Reports
Trust & Shee
Orate Rust
Maryland
England
Nor Am Tr
Nor Am Trust
Artery Theome Ee
A. G. Heim Roosevelt
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