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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
May 06, 1940
Page
4
Economist Walter W. Wilcox argues that surging soybean acreages in Iowa Illinois and Indiana offset corn reductions under AAA. He notes increased soybean hay and grain acres raise soil erosion concerns and influence livestock feeding protein and fat outputs, offsetting conservation gains.
A testimonial touts Natex as relief for constipation and digestive troubles. Mr Roy McClary credits Natex with thorough bowels movement and renewed strength after trying many remedies. He endorses Natex and urges friends to visit Podzimek's Pharmacy for a free sample.
Walter Wilcox critiques AAA effects in agriculture while acknowledging data gaps from omitted charts. The piece argues unbiased analysis hinges on land grant colleges and cautions readers to weigh costs of production alongside price changes in corn. The row reflects partisan responses to agricultural policy amid broader economic debate.
Iowa economists report April farm price index climbs from 86 in March to 88 in April with purchasing power up from 70 to 72. They predict demand for hogs may rise in spring and summer while corn prices stay high, limiting hog crop sizes. Output throughout 1940 is expected to increase farm incomes despite wartime export restrictions.
Rowley Cooperative creamery patrons receive payment for butterfat delivered in the first half of April. Prices set by secretary Joe McGrath show Grade No 1 at 31 cents, Grade No 2 at 30 cents, and Grade No 3 at 29 cents. Earlier in March butterfat paid 32, 31, and 30 cents respectively.
Keokuk county Farmers Union met Friday evening in Delta with principal speakers Aurora board member George DeBar and Rev. W H Cross discussing the topic Cost of Production.
In the Iowa Linn County district court for the March term 1940 the Merchants National Bank as trustee under the will of A S Kaufman seeks an order to sell Lot Four Block Eighty two O N Hulls Seventh Addition Cedar Rapids for 2250 dollars with monthly payments of 20 dollars and 6 percent interest. The hearing is set for May 15 1940 at 9 00 am at the Cedar Rapids courthouse with notice by Gazette publication and mailings to all listed parties.
Estimates for the Iowa high school agricultural congress at Iowa State college on May 9 and 10 were raised to 2500. 131 schools entered achievement events, with 88 in farm crops. Highlights include the animal husbandry event and banquet with state and national leaders. DeWitt sends nine vocational students to Ames for the congress.
A column by a country woman reflects on past hardships of 1940 and contrasts them with imagined future conditions in 1990. The piece meditates on class, opportunity, and progress over fifty years.
The May 1 crop report by Lamson Brothers shows U.S. soybean exports of 10,909,000 bushels for Oct 1 to Mar 31, about 124 percent of the 1939 crop. Processed 33,127,000 bushels, stocks rose by 12,625,000 to 56,661,000. Total supply 88,374,000, with 31,713,000 unaccounted. Seed needs estimated 19,500,000, leaving 12,213,000 bushels to be utilized as of April 1.
An ad invites loans from $20 to $300 without endorsers or guarantors. It details four monthly plans such as four payments of 26.60 totaling 106.40 for a 100 loan and emphasizes simple private terms, no salary proof, no credit questions, and limited foreclosures for fraud protection.
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