The Cubs swap SS Bobby Mattick and OF Jim Gleeson to the Reds for SS Billy Myers. Myers will split his time between Chicago and the minors next year and quit in 1942 rather than take a pay cut.

This Day In Baseball

On December 4, 1940 — The Cubs swap SS Bobby Mattick and OF Jim Gleeson to the Reds for SS Billy Myers. Myers will split his time between Chicago and the minors next year and quit in 1942 rather than take a pay cut.

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Sources:

Baseball Reference December 4
SABR Games Project
Hall of Fame
National Pastime December 4
Replay The Game
Retro Sheet