War Production Nearing End Of Second War Year
The United States moves toward the end of its second year of global war with supplies improved and manpower near a turning point. Next year may see $75 billion in arms production, up from $60 billion this year, as WPB pushes for a 25 percent productivity rise. Civilian goods begin to creep in, with two million electric irons and 74,000 ranges planned, but overall output remains focused on munitions as labor shortages persist and the west coast eyes the Pacific war base.
MENTIONED IN THIS ARTICLE
Washington
United States
War Production Board
Germany
WPB
West
Pacific
Stocks in General Rally Leaders Hold Their Ground
New York AP reports the week’s stock market rally paused on Saturday with the Dow Jones 60-Stock average flat at 48 while weekly gains remained. American Distilling led with a 4 point weekly advance, after intraday swings, and several names including Tampa Electric Imperial Oil and E W Bliss posted gains though others such as American Gas Electric Bond and Share Cities Service and N J Zinc slipped mildly.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Tampa Electric
Imperial Oil
E. W. Bliss
American Gas
Cities Service
N. J. Zine
Bank Clearings Rise Sharply in Cedar Rapids
Bank clearings in Cedar Rapids surged last week to 2,287,507.27 dollars for the week ended December 4, up from 1,517,653.32 the previous week. The comparable week last year ended December 5, 1942, at 2,016,834.78 dollars.
MENTIONED IN THIS ARTICLE
Cedar Rapids
OPA faces fresh attacks as critics demand overhaul
Washington correspondent recalls how OPA courted college professors but faced backlash from business leaders. With Henderson out and new salaried hires, lawmakers push to strip policy powers, limit subsidies, and place coal oil and food control under a new War Food administrator. If enacted, OPA’s authority would be crippled or dissolved.
MENTIONED IN THIS ARTICLE
OPA
Leon Henderson
Congress
Iowa Hog Receipts Across Iowa and Minnesota Catchments
Combined hog receipts at 19 concentration yards and 11 packing plants in interior Iowa and southern Minnesota for the 24 hours ending 8 a.m. Saturday totaled 44 800, up from 43 000 a week earlier and 59 300 a year ago. Butchers mostly steady with some heavies down 10 percent or more. Prices listed for barrows sows and hogs by weight bands, with several ranges around 11.3 to 13.5 dollars per hundredweight depending on weight and grade.
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Iowa
Des Moines
INSI
WFA
Minnesota
Cood
Chicago cash provisions report summary
AP report from Chicago shows no wheat sales and mixed commodity quotes for corn barley and seed. Corn new sample grades white and yellow priced around 4c to 36.95c per unit. barley seed and field seed timothy red top red clover sweet clover listed with various nominal prices.
MENTIONED IN THIS ARTICLE
Chicago
Fingego
National Savings and Loan league forms in Chicago
Dissatisfied members split from the U S Savings and Loan league Saturday to form a new group in Chicago. S H Bever of Fort Worth Texas is named as the first president, citing a desire for better relations with government agencies. He says reforms within the old league failed.
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Chicago
U. S. Savings and Loan League
National Savings and Loan League
S. H. Bever
Fort Worth
Texas
New League
League
Retail Sales Rise 16 to 19 Percent in U S Over 1942
New York AP reports Christmas shopping gains with retail sales estimated 16 to 19 percent above a year earlier. Dun and Bradstreet notes early gift mailing aids demand though manpower shortages hinder retailers. Apparel led sales while furs jewelry and perfume sold well across regions from New England to the Pacific coast.
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New York
Dun and
Bradstreet
New England
East
Middle West
Northwest
South
Southwest
Pacific Coast
Wheat Hits Fifteen Year High on Chicago Board of Trade
Wheat futures at Chicago climbed to a new 11 year high of 1.6642 dollars per bushel on Saturday. The settlement showed gains up to 58 cents a bushel with other grains also closing higher.
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Chicago
INS
Chicago Board of Trade
Stocks and Bonds of Interest in Eastern Iowa
Eastern Iowa traders note price ranges from recent trades for stocks and bonds. The quotations are not firm bids or offers but show current market levels and activity across the region.
MENTIONED IN THIS ARTICLE
Iowa
Linn County Gains in November Mortgages and Conveyances
Linn County abstracts show higher activity in November with 264 conveyances up from 233 and 117 mortgages up from 109. The mortgage aggregate reached 314675.00, compared with 302641.05 last year. From Nov 26 to Dec 2, 22 conveyances and 22 mortgages were recorded, totaling 50260 in mortgages.
MENTIONED IN THIS ARTICLE
Linn County
Linn County Abstract Company
New Regulations Guard Gas Coupon Transfers for Used Cars
New OPA rules effective December 1 require surrender of gasoline rations when selling or transferring vehicles. Linn County War Price and Rationing Board official A. T. Pleune says dealers and buyers must obtain duplicate receipts on R-569 and keep them with the tire inspection record to secure future gas coupons. Dealers holding vehicles for sale must file duplicates on R-578 and deliver inventories by January 11, retaining copies through year end.
MENTIONED IN THIS ARTICLE
OPA
A. T. Pleune
Linn County War Price and Rationing Board
Maine Lakes and Rivers Abound Across the State
The state boasts over 2200 lakes and more than 5100 rivers and streams, reflecting a rich network of freshwater resources. Local water bodies support recreation, wildlife habitats, and regional ecosystems.
MENTIONED IN THIS ARTICLE
Maine
Laborers Needed at West Coast Navy Yards
The U S Civil Service Commission lists openings for laborers across Bremerton Wa Vallejo CA San Francisco Ca Clearfield UT Hawthorne NV with transportation and meals provided. Wages 88 to 116 cents hourly with time and half after 40 hours and average 48 hour weeks. Rooms housing available. two year apprenticeship or experience required for journeyman. helpers need three months experience or defense course or high school. no experience for laborers. Information from Cedar Rapids post office.
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Pueet Sound Navy Yard
Bremerton
Wash
Mare Island Yard
Vallejo
Calif
Hunter's Point Drydocks
San Francisco
Naval Ammunition
Clearfield
Utah
Hawthorne
Nev
U. S. Civil Service Commission
Navy Department
Civil Service Secretary
Cedar Rapids
Servicemen and Yule Bonuses Declared Employer Discretion
A Sixth regional War Labor board ruling states Christmas and armed forces bonuses are at the employer's discretion and not mandatory. The decision accompanied a 5 percent wage increase for 700 Stewart Warner die casting workers retroactive to March 16, 1943. Local 298 UAW CIO sought to require such bonuses in a labor contract. The bonus fund averaged 24.2 percent of annual salary.
MENTIONED IN THIS ARTICLE
Chicago
INS
Sixth Regional War Labor Board
Stewart- Warner Corporation
UAW Cio
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