The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1940-11-22
Behind the
Ticker
RI LOUIS n. SCHNEIDER

company is about = start con
strnetion n = neu synthetic rub
Der plant At Akron. Ono. When
completed nexf June. I wili give
The organization N annual syn
thetic rubber output n about
$500 short tons. or some 10000
pounds DAY
du Pant Is to huld additional
synthetic rubber plants Al Deep
water Point. New Jersey When
completed next October. the com
panY viii have an annual output
Of about 1880 short tons. or At
the rate of about / 500 900 pounds
a month-six times present pro-
duction.
Present high rate Of rubber con-
sumption will hold over the next
two years. Because of increased
synthetic production. coupled with
larger natural crude imports. the
trade doesn't anticipate shortages.
The picture accounts for crude
rubber prices not skyrocketing on
latest consumption figures.
Labor It's the hope of indus
trial heads that the outcome Of the
AL and CIO conventions will
bring greater national defense CO.
operation on the part of labor.
It's hoped that both organizations
will find way TO prevent re-
currence of workers going A. ".
o. l.. as did General Motors en-
ployes. who went deer hunting
last week and all but tied up that
corporations production schedules
Steel-Steel trade insiders tell
your correspondent that the in
dustry's sales and shipments are
increasing and that deliveries arc
falling further behind daily. This
lays foundation for continued
high average operations.
Bookings are exceptionally good.
II is said. National defense orders
remain light while civilian de-
mands are larger. Major steel
producers are booked on orders
calling for deliveries as far ahead
as July 1911.
Private steel trade estimates
are that 1910 production will total
65.000.0 900 net tons. as against the
previous full-year maximum OF
62 .032, AS tons in 1929. And 1871
production prospects are even
brighter.
Again - The current issue of
Exchange" a magazine published
monthly by the New York Stock
exchange, prints a short story
illustrating the effectiveness of
national advertising in the sale of
sound securities. The example
cited is that of the treasury de-
partment On January 3. in re-
Spouse to a government newspaper
advertisement. S23.000,00 of
baby bonds" passed into public
hands. If that money went into
securities listed on the big board.
at the average share price Of the
day, 1t would have amounted TO
$50 900 shares.
With such figures before them,
members of the New York Stock
exchange are again talking of
sponsoring a national advertising
campaign.
Reports Are That - American
Rolling Mills owns about so per
cent of Rustless Iron & Steels
outstanding stock F. L.
Jacobs aircraft subsidiary oper-
ating at capacity Union Pa
cities Sc annual dividend reason
ably secure -. Consolidated Air
craft obtained new S1s.529. 500
navy department airplane contract
for greater trading appeal
there's switching from Addresso-
graph Multigraph into White
Motors.
Mack Trucks could claim in
vested capital exemption" from
excess profits tax up to about s.
share Newmont Mining S
market prices 30 per cent under
asset value for greater trad
ing appeal there's switching from
Sharp & Dohme shares into
smaller lots of Studebaker
Bower Roller Bearings So annual
dividend will hold through 1871
despite excess profits tax.
Bristol-Myers' 1910 net placed at
$3.50 share; may pay year-end
extra for greater trading APP
peal there's switching from Fa-
jardo Sugar into International
Paper Sherwin- Williams
paints. profiting from low-eost
operations Printing Inks cur
rent earnings under those of last
year and. that Newport News
Shipbuilding' untitled or d er 5
stand at better than Sass. 600 000
largest volume business IN COM
pany's history.
/