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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 27, 1944
Page
4
Washington report notes strained Roosevelt–Congress relations may slow Baruch plan steps though executive orders already created a surplus property director and a retraining and re employment chief. Bernard Baruch urged fast action to avoid postwar depression and keep soldiers supported as the nation moves toward prosperity.
John H. Gillespie of the Des Moines ODT warns Iowa faces an acute truck driver and garage mechanic shortage as draft needs rise. He cites aging equipment, scarce parts, and seeks replacement schedules plus expansion of free training schools for mechanics to keep trucks hauling food and fuel for the war effort.
Classified listings detail homes for sale in Estlos and city areas, with prices ranging from 3,650 to 5,500 dollars. Properties include five to six rooms, modern amenities, brick homes, and wooded lots. Realty firms White's Realtors, Floyd H. Knapp, and D & Co advertise. investors invited to view 40 acre and 180 acre properties and a forty room hotel building.
Baruch argues postwar progress will lift living standards and expand freedoms, though challenges loom. He notes half the world will need rebuilding and demands will rise, urging a peace that inspires hope and broad educational and health gains. He contrasts managed vs free economies and envisions a return to free markets after wartime contracts. Real estate and mortgage reports from Linn County show conveyances and mortgages for the week ending Feb 24 under the Linn County Abstract Company.
Grain and produce prices listed include oats No. 3 and shelled corn with varying grades, hay and straw prices, poultry weights and egg prices. Delivered prices for poultry and eggs show different weights and classifications, with wholesale fruit items noted as Florida and California crates and naval oranges.
Eastern Iowa market notes show price ranges from recent trades. Quotations are not firm bids but indicate current levels for stocks and bonds across regional listings.
Chicago cash provisions show no sales for wheat oats and corn. No. 4 yellow corn priced at 1.105 percent? per bushel with bids around 1.15 to 1.22 for feed. Field seeds include red clover 31.50 and sweet clover 16.00 per unit.
Lamson Brothers and Company furnishes the listing. Phone 2-3141. H. R. Mowrey is the manager at the Cedar Rapids office located in the Merchants National Bank building, 503.
Three Cedar Rapids retail florists formed a delivery truck pool under a joint action program approved in Washington by the Office of Defense Transportation. The plan rotates one pool truck daily, bars other deliveries except capacity leads, and is DOJ-cleared. Participants: Stejskal's Flower Shop, Rosemont Flower Shop, and Pierson's Flower Shop.
Henry J. Kaiser told the Butte Chamber of Commerce that postwar building programs will shift financial influence westward. He cited indications that Chicago and the central plains may lead the nation in forward looking finance.
C R Haines of Eddy Paper Corporation Chicago will address Cedar Rapids purchasing agents at noon Tuesday at the Montrose hotel. Yale graduate and Big Ten football official, he is vice president and GM of the container division and will discuss Present Day Problems of the Paper Industry.
Bank clearings in Cedar Rapids fell last week but remained above year-ago totals. The week ending February 26 posted 1 945 079 82 dollars, down from 2 478 894 13 dollars the prior week and above the 1 744 840 21 dollars recorded for the week ending February 27, 1942.
Cedar Rapids war plants must add 830 workers by May 1 to ease a labor shortage. Iowa War Manpower Commissioner George D. Haskell says the remedy is better use of women as the March through mid April period of farm departures approaches. Regional Commissioner Frank Rarig Jr. and others noted the pinch will intensify when agricultural workers return to farms.
The Cedar Rapids area debates whether to stay in group 2 or move to group 1 amid looming labor shortages. Housing constraints and a reliance on trailers threaten relief, with 23 war plants in the city, 19 essential and four related. Haskell argues better utilization of women as the solution.
Des Moines reported 15 850 workers in Iowa plants with 4 866 women as 830 more jobs were needed by May 1 due to shortages. Turnover in Cedar Rapids hovered around five to six percent, with 48 percent of leavers staying under four months. statewide data showed 6 619 fewer retail establishments in Q3 1943 versus 1942, but quarterly sales rose by about 26.7 million dollars led by gains in food group sales despite 1 816 food stores closing.
New York reports a surge in stock activity after Congress overrode President Roosevelt’s veto of the tax bill by a 72 to 14 vote. Traders welcomed the move amid optimism from favorable corporate reports and dividend actions, reducing uncertainty ahead of the election.
R. M. Threlkeld general agent for American Mutual Life Insurance Company named vice-president of the 1944 Production clubs for producing the second largest paid-for premiums in 1943. He was also the second largest individual producer in new paid-for business for 1943.
Milwaukee Road reports January 1944 net income of 1.18 million dollars, down from 1.74 million in January 1943. The comparison reflects ongoing wartime transport demand fluctuations and operational costs.
Chicago market reports show cattle receipts near 300 with calves none. Steers and yearlings mostly steady to 25c higher, Heifers up to 25c, cows down 25c to 25c, bulls weaker but heavy bulls steady. Lambs mixed with top fat lambs around 16.70, native lambs around 16.00, hogs slow and steady to lower with under 200 lb weaker.
Cedar Rapids market stayed steady with top hog price at 13.45 per hundredweight for 200 to 330 pound good to choice hogs. Cattle prices showed ranges from 10.66 to 15.00 for various steers and yearlings with notable figures for cows and calves. Sheep and lamb values appeared in the 14.00 to 15.25 range for native and western lambs.
War Manpower Commission recruiters employ aggressive methods to fill war jobs, using street outreach and air deliveries to persuade men and women to join war production. In regions like Washington and North Carolina, one recruiter group placed 1,466 workers in January, while a Washington, D. C. office helped a Negro farm tenant family with a marriage license and ceremony to obtain work.
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