The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-09-30
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snlnsons fiaaneasI Fessssons Ths dip
IN nsssss value u aas more 10
ss~aln~ssss esnae< rather than com-
rssisiea.
Ths Canadian Gossrnmsni lsnt
expected Ia la<~ any ~ her trade
~1sh shs usst<ss States e<esnss 81
tho wsT ca Germany. In fact. sxr
nswsrfint sAies IN this eoansry are
expected 10 lnrsvass. American
soasast trade Ia Canada IL expect.
I'd To develop rather than decrease.
TIE Canadian government, do~s
80 much shsrpiax 10 tbs United
states ~ she ao<s 10 Great Bri.
tain. she must keep her currency
pfsc>s % that both nations can
continue trading. Result: The dip
between The dollar and pound star
nnE values WAS permitted ~ but
more toward the American dollar
since Canada does larger volume
Of euylnE in the United states.
khe<s--rhe shos industry IL 90
easy these days that ., - actually
trimming orders Two 81. Louis
manufacturer are working on or
d<fs for 2ss.ceo pairs of army
boots and shoes. These contracts
were signed before the MAR start
ed. Reliable reports are that even
cid accounts are having buying or
ders restricted 10 smaller amounts.
The recent price boost Of 10
cents q pair. however, wasn't due
10 manufacturer trying 10 take
advantage Of the high activity In
the industry. II was forced be-
cause Of higher leather and hide
prices.
The shoe trade didn't want 10 lift
prices because Il might result IN
consumers resistance. But there
was nothing else 10 be done TO
offset the increased operating cost.
Al 10. shoe manufacturers operate
At q narrow margin Of profit.
Reports Are That-copper CON-
pAny shares speculativrly avoided
due 10 British stand on red metal
prices Woodward Iron operat-
ing at full capacity Taken
strictly ~ q war-bshy speculation:
United States Leather issues .
Zenith Radio expected TO pay a
year-end dividend extra VIII
mington traders like celsnese on
reoessions booked four
months ahead
General Foods to show better
than 10 cents q share for current
three month period--Si45 a share
Melted for first six months
There's switching from Ssfeway
Stores into General Motors
United Air-Western Air merger
hearing to be held by civil aero.
nautical authority on Dec. A.
merger as good a. completed
American Radiator spoken OF a
''war-orphan"-stands to lose BY
European war -.
Monarch Machine Tool has foui
months Of bookings-plants oper'
ating on 20-hour day basis
There's switching from Nationa
Biscuit into Celanese Portfolio
managers give dupont preference,
over International Business Ma
chimes +. Speculative buyin,
coming into WHY'S Overland pre-
ferred And that Aonsant.