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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 22, 1942
Page
27
The nation moved toward full wartime mobilization with 9,090,000 added to the manpower pool in February's selective service. War production set a record as steel mills output 1,663,006 tons, while prices and shortages shaped consumer goods and apparel trends. Easter dates and labor talks frame a busy wartime economy.
Walter Parkes describes Consolidated Aircraft’s massive wartime plant producing B 24s and PB2Y2s. Engineers doubted feasibility due to parts counts, yet three shifts operate the world’s largest factory, delivering record numbers of four ton bombers with 3 000 mile ranges and heavy aircraft capability.
The Occidental Life Insurance company of California named John J. Moriarty as general agent for the Cedar Rapids and Waterloo area. Moriarty, formerly of Des Moines, recently moved to Cedar Rapids with Mrs Moriarty at 2231 Meadowbrook Drive SE. A son Jack attends Iowa State College.
Company of California announces John J Moriarty as General Agent for Cedar Rapids and Waterloo with offices at 2057 Higley Building. Moriarty brings 25 years in life insurance in the Middle West. Paul S Kohl will be District Agent and Walter Fry Special Agent. Kohl and Fry have represented Occidental in Cedar Rapids for fourteen years.
In Chicago on Saturday the grain futures market halted its weekly decline with fractional gains. Wheat rose modestly lifting weekly losses. corn oats rye and soybeans also advanced as dealers covered short positions and hedges were lifted, signaling a stronger market tone.
Chicago cash market closes with quotes for wheat corn and barley. Wheat bids show no sales and mixed futures. corn bids vary with No 2 white around 57 cents per bushel. barley prices listed for malt and feed. Milling products and screenings priced, with mild fluctuations across categories.
Bank clearings in Cedar Rapids rose to 1 857 152 24 for the week ending March 21, from 1 452 866 62 a year earlier. The prior week ending March 14 totaled 1 505 015 59.
The Holdcroft Transportation company of Sioux City leased the one story building at 312 Second street NE from Quaker Oats for truck servicing. The rental was arranged through Malcolm V. Bolton and company.
Market steady with mixed readings on prices and receipts. Reports show varied scores for produce like firsts and cars, while current receipts and checks indicate cautious activity in Chicago markets.
Market listings show dressed poultry including old hens and toms priced around 23 to 28 cents per pound with live pool values for fowls turkeys and young birds noted. Prices for roosters and old fowls appear in the 23 to 26 cent range while western young hens are listed without clear totals.
An advertisement from the Thornton & Minor Clinic in Kansas City notes that constipation and colon disorders cause stomach and intestinal troubles piles and rectal disorders. It presents constipation as a warning sign of diseased colon and lists the clinic address at Suite H375 926 McGee St.
Mr and Mrs Charles R Mur moving to Grand Rapids Michigan have sold their home at 2753 B avenue NE to Mr Nelson.
In New York the favored bonds drew buyers as the week closed with uneven corporate activity in a narrow range. Rail loans led with the most turnover and several issues traded from 100 000 to about 325 000 face value. Total transactions reached 6 544 600.
A brief market note highlights securities and investment items in eastern Iowa. The report references various stocks and bonds of local interest, noting trends and notable price movements for readers tracking regional finance.
Gen Douglas MacArthur was named supreme commander Southwest Pacific, triggering a cautious week in New York stock markets. Trading fell to weekly lows, with thin volumes and several high priced issues retreating amid rate and supply concerns.
Conveyances and mortgages recorded in Linn County for March 13 to 19 show 74 conveyances and 40 mortgages. Mortgage aggregate totals approximate 107 521 dollars, compared with 71 conveyances and 38 mortgages the same week last year totaling 106 025 dollars.
Grain quotations from Chicago are listed alongside a notice naming B R Mowrey as manager at the Cedar Rapids Merchants National Bank building. The item combines market data with a local banking reference.
The National Association of Real Estate Boards urged the Ways and Means Committee to shelve the Cochran bill that would exempt war contracts from state and local taxes. It warned such a move would strain public revenue as war activity grows and urged a national tax policy acknowledging state and local needs.
Australian External Affairs Minister Herbert V. Evatt urged President Roosevelt at a White House luncheon to form a joint Pacific war council with equal ANZAC representation. He pressed for greater ANZAC influence on military operations and backing to oust the Japanese invaders in the southwest Pacific.
A War Production Board official notes labor management joint committees are under review amid fears of Sovietization. He argues the plan tests individual resourcefulness, urges unity, and warns against weakening self discipline and private sector governance during wartime.
Major Robert L. Fisher, a former heavy bombardment squadron leader at Clark Field, recounted Japanese pilots using parachutes after bailouts. He said Japanese aviators are skilled and fire on downed U S airmen, and that U S pilots now fly very close to the ground before pulling ripcord to avoid shots.
Chicago reports tests show each sugar rationing card requires six to eight minutes to fill during nationwide registration May 4 to 7. Officials said a rationing clinic run by schoolteachers reduces time, with a head of a four person family taking about 20 minutes to complete the questionnaire and obtain stamps.
Sioux City stock market review shows calves steady to strong with some quality lots at higher bids. Cattle, hogs, and lambs appear mixed with typical weekly demand, buyers noting steady to firm prices on several classes and improving demand for select calves and lambs.
The fragmentary text references Iowa Des Moines culture notes and numeric figures, but lacks coherent events, dates, or names to form a clear summary. No identifiable people, organizations, or places beyond Des Moines appear with readable context.
An advertisement for Write-United Laboratories of Cleveland, Ohio touts Plastic Rock surfacing floors and a full line of roofing materials, caulking, waterproofing, and rust resistant castings. It highlights nationwide reach, government use, and prompt shipments.
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