davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04
Corporation Dividends

international Shoe Company de-
ciared quarterly dividend of As
cents, payable January TO stock
of record December Is. Company
stated dividend applicable 10
first quarter of fiscal year. but
does not necessarily establish a
new regular quarterly rate. In
the previous fiscal year, which
ended November 30. quarterly dis
bursements of 37ia cents were
made. with an extra OF 50 cents
paid November rs.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Marine Midland Corporation de-
.clared dividend Of 10 cents, pay
able January 2 10 stock of record
December u Previous payments
were 10 cents each January 2.
April l and July !. this year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

American Water Works and
Electric Company, Inc, declared a
regular quarterly dividend of S1.50
on preferred. payable January 2 10
stock of record DecembeE122---
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

A Stirring New Mystery
Novel, riddle IN RED"
Starts This Sunday In The
American weekly with Detroit
Sunday Times.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

OVELY Libby Brompton the yellow taxi and died Six
- months later wealthy young Norma Hale glimpsed the
sinister and terror stricken galloped mady
through the night trying to escape the cutchng fingers of
death Read this thrilling story of three terrified redheads
caught in web of revenge and intrigue Live through their
agonizing of suspense Feel the terror that grips
them they try to evade the Nemesis the death taxi
described in riddle IN RED"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Neptune Meter Company de-
clared dividend OF 81 on class A
and class p stock. payable Deem
Der 20 TO stock Of record Deem
Der 10 Previous payment was 81
In 1QdA
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Gen. Hugh 8. Johnso
Americas Fighting Thinker"
Writes Daily for the Times
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04
Pittsburgh Coke and Iron Coz

Pittsburgh Coke and Iron Com
pany declared a dividend of so
cents on common. payable Deem
Der % 10 stock of record Deem
Der 13.- ThiS-iS the only payment
this year. In 1910 the company
paid one dividend of 25 cents.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04
Beatrice Creamery Company de-

btaITIce creamery Company df-
clared an extra dividend of 81 on
common in addition TO a regular
quarterly dividend of * cents on
common, both payable January 2
10 stock of record December II. A
similar extra dividend was paid on
Jan. 2, 1941.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Art Metal Construction Com.
pany. Inc. declared a dividend oil
Sl.10, payable December 26 &c
stock Of record December II
bringing 1871 payments 10 $3.50
against 81 so in 1910.
American Alliance Insurance
Company declared an extra divi.
dend OF 20 cents and a regr,.,----
quarterly OF Is cents on common
both payable January Is 10 stock
of record December 10. A similar
extra was paid January Is, this
year.
y. l.. Bruce Company declared
dividend OF Is cents on common
payable December 20 TO stock OF
record December IL. Payments
for 194l total 81, against IS cents
in 1910.
General Time Instruments Cor
poration declared a dividend of sc
cents on common. payable Deem
Der q 10 stock of record Deem
Der 15 Payments for the year
total 81. the same as in 1910.
American Snun Company de-
clared a dividend Of so cents on
common and a special dividend OF
40 cents on common out OF non
recurring income. Both dividends
are payable January 2 10 stock of
record December IL. Previously
paid Is cents quarterly. with an
extra OF % cents in January.
Mead. johnson 4 Co. declared an
extra dividend of SITS and a reg
ular quarterly dividend OF Is cents
on common, both payable jan
uary 10 stock OF record Deem
Der Is. a similar extra was paid
Jan. 2. 1911.
Allied Chemical and Dye Cor
poration declared special divi-
dend OF 81 on common. payable
December p 10 stock OF record
December -. This brings pay
ments for the year to So, the
same as in 1910.
Ideal Cement Company declared
a special dividend of IS cents and
regular quarterly dividend of IS
cents on common, both payable
December % 10 stock of record
December
Federal Light and Traction
Company declared a special div
idend of 50 cents and a regular
quarterly dividend Of IS cents or
common, both payable December
20 TO stock Of record December IL
Dividends in 1941 total S2.75,
against 81 in 1910.
General American Investors
Company. Inc. declared a divi-
dend OF IS cents on common, pay
able December % TO stock OF
record December Is. Previous
payment was IS cents. Dec. "a
1910.
Consolidated Coppermines Cor
poration declared a cash distribu.
ton of 25 cents. payable Decem-
Der 10 TO stock of record De.
cember 13, bringing the total foi
1871 10 IS cents, against so cents
in 1910.
Pressed steel Car Company
Inc, declared dividends of Is cent.
on the S per cent first preferred
and $3.50 on 5 per cent second pre-
ferred. both payable December 2!
TO stock of record December 13
These payments represent full divi
Jo,I nLl;rat t@~e To- tko xIxar 1Qhf
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

New truck registrations dur
ing October total Al 1852 units. a
decrease Of 1858 per cent from
October last year and a drop Of
5.7S per cent compared with
September this year For the
first 10 months Of 194l. truck
registrations total 562.S92 units.
a gain of 20.40 per cent over the
same period of 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04
Unlisted Stocks

Approximate prce, furnished ny the Ma.
tional Association ~ Securities Dealers.
Inc, District No. 4.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

J.. s. Starrett Company declared
a dividend OF Is cents. payable
December 30 TO stock OF record
December II. Dividends in 1871
total 81 % against S.. in 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04
Registrations Fall Off

Complete returns from all as
states show a decrease in new
passenger car Registrations for
October OF 43l03 per cent COM
pared with the same month a
year ago, r. L. Polk e. Co. re-
ported today. Passenger car
registrations for the month
totaled los. 485 units compared
with 29O.495 units in October
last year Compared with Sep
TENDER this year. the figure
represents a gain of 32.07 per
cent.
For the 10-month period Of
January through October, 1871.
the registrations show gain of
22O4 per cent over the same
period in 1910. New passenger
car registrations for the 10
months this year total 1892 .231
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Art Metal Construction Com
pany. Inc. declared a dividend OF
Sl.10, payable December 26 10
stock Of record December II.
bringing 1871 payments 10 $3.50,
against 81 so in 1910
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Bankers Trust Company Of New
York declared regular quarterly
dividend of so cents. payable Janu-
AIRY 2 10 stock of record Deem
ber u
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

General Time Instruments Cor
poration declared dividend of so
cents on common. payable Decem-
Der q 10 stock of record Deem
Der 10 Payments for the year.
total So the same as in 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

American Alliance Insurance
Company declared an extra divi-
dend OF 20 cents and a reels
quarterly OF Is cents on common,
both payable January IS 10 stock
of record December 10. A similar
extra was paid January IS, this
year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

Tommy said his recent fifth
marriage to blond Bonita Ed
wards is the cause of his latest
l. l. d
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-04

v. L. Bruce Company declared
a dividend OF Is cents on common.
payable December 20 TO stock of
record December 13. Payments
for 194l total 81, against IS cents
in 1910.
Evening star., 1941-07-13
Retail Food Prices
13Per Cent Above
Pre.War Levels
Increases Reported
From All Sections
OF Nation
By the Associated Press.

BY me ASSocls te0 fFess.
A general advance in retail food
prices from mid-May to midJune
boosted the housewives marketing
costs to a point 1873 percent above
what it was before the war began
in September 1889 the Bureau of
Labor Statistics reported last night.
Price increases were reported
from all parts of the country. the
Bureau said with the greatest in
creases in pork. lamb, lard, eggs,
onions. potatoes and apples.
The agency attributed the general
rise to increased consumer demand
and continued large Government
purchases plus some speculative buy
ing
Price reports during the last half
of June indicate that further ad-
vance will be shown in the bureaus
complete study of price changes be-
tween mid-June and mid-July.
The report showed an increase of
81 per cent in retail food costs from
mid-May to mid-June.
The bureau noted that prices for
pork chops and bacon were now
more than 80 per cent above year
ago. and lard was up 40 per cent.
Butter. eggs. evaporated milk, sugar.
navy beans, cabbage, bananas and
green beans were up from 10 TO "a
per cent over a year ago.
A few items. including cereals and
certain fresh fruits and vegetables
were lower than a year ago.
Evening star., 1941-07-13
Acacia Mutual Volume
Jumps 10 New Record

Production by the Acacia Mutual
Life Insurance Co. in June was the
largest for that month on record
and third largest for any month in
the history of the company. Presi-
dent William Montgomery an
nounced last night. During June
placed business was more than S.
$50 900 and as of June 80 total in
surance in force reached the record
level of S433 ,382,0
An impressive index of the Ma
tlon-wlde improvement in economic
conditions is TO be found in the
fact that during the month of June
the rate of conservation was bet
tered by 20 per cent. as compared
with the same month year ago,
Mr.. Montgomery said.
For the siX-month period ended
June 80, Acacia'S placed business
totaled more than S2O,874OO an
increase of nearly 10 per cent over
the first half of 1910.
A new high also has been reached
in assets. which have increased bv
more tnan S4,OO0,000 during the first
nall OF this year, and now stand
at more than S97 100000.
Mr.. Montgomery reported a rec
ord has been set in the volume of
first mortgage loans in the Greater
washington area. These loans, con-
centrated in great part on one
family dwellings, now total approxi-
mately 5,400 in number and s32,-
900 900 in volume.
Evening star., 1941-07-13
Parts Makers Given Priority
To Avoid Inconvenience
BY the Associated Press.

BY the Associated Press.
The Office of Production Manage
ment ordered today that makers of
repair and maintenance parts for
automobiles. trucks. tractors and
household equipment be given pre-
ference in obtaining materials over
manufacturers of other civilian
goods
The Office of Production Manage
ment said that the ALLEGATION pro-
gram is expected to reduce to a
minimum the inconvenience to the
public caused by diversion of raw
materials to defense needs with re-
sultant curtailment of consumer
durable goods production"
by maintaining supply of repair
and maintenance parts such goods
now in existence can be kept in
operation.
Items covered by the ALLEGATION
program include:
Passenger automobiles. trucks and
tractors, household refrigerstors,
stoves ranges. water heaters. plumb
ing fixtures, and furnaces, including
oil burners and automatic stokers.
Evening star., 1941-07-13
Negotiations for Foreign Lead
Virtually Completed in Week

withdrawn and earmarked for the
Government.
Copper emergency pool require
ments in July, it was announced
officially, will continue at 20 per
cent of April domestic refined pro-
duction-about 1900 tons.
The ONCE of Production Man
agement, in an interim order, ex-
tended priortties control to include
bronze, brass and other copper base
alloys and fabrication.
Full control and supervision of
all distribution by a Government
agency was expected soon as Off
cials prepared more stringent rules
concerning priorities.
Primary producers still allocated
free domestic production at II cents
a pound, Connecticut Valley, while
custom smelter interests quoted 1914
cents. Export trade was at II cents,
fa.s., New York.
Zinc rationing remained at 72S
cents a pound, East ST. Louis.
Evening star., 1941-07-13
Cotton Futures Soar
To 11-Year Peaks
Before Easing
New York Prices Up
90 Cents to $l.10 at
Sessions Close
BY the Associated Press.

BY the Associated Press.
NEW YORK. July 12-Cotton
futures prices reached new l1-year
high levels today and then declined
slightly to close 90 cents to sl.l0
a bale above Fridays finish.
Active Bombay New Orleans and
trade buying stimulated by unfav-
orable weather and crop reports
sent prices up as much as s1.30 a
bale before hedging and profit-tak-
ing cut in.
A delay in the price ceilings ex-
pected soon on cottOnSeed oil
brought new buyers into the cot
ton market.
Bombay interests were reported
purchasers of about 10000 bales of
December, March and May cotton.
Cotton goods traders were mac
tive but there was talk of a textile
industry committee to assist the
Federal price administrator in ad-
justing the maximum levels recent
ly imposed on some types of ma
terials.
No exports Friday. Season so
far, 1,037183 bales: port receipts,
11.201; port stocks, 3,276,917.
Range follows:
Evening star., 1941-07-13
Lockheed Production
Worth S56,900,O00
In Six Months
Totul Contrasts With
Only Slo,268,434 in
Same 1910 Period
s. the Associated Press.

BURBANK. Calf. July 12-
Lockheed Aircraft Corp. reports it
built and delivered $50 900 900 worth
of airplanes during the first six
months of this year. or nearly sl2.-
600 900 more than its entire output
Of 1910.
Most of the new deliveries were
Hudson Bombers for Great Britain
and P-38 fast Interceptors for the
United States Army Air Corps and
Britain.
President Robert E. Gross said it
was a production record for Lock
heed. Sales totaled SIG .268 .434 for the
first half of 1910 and Sl2565 III
during the corresponding period of
1899.
Lockheed and its affiliate. the
Vega Airplane Co. reported a back
log Of S420169.5l3. of which Lock-
need has s3O4 1863 $50 and Vega
s1l5 .305 .583. Men hired in June
brought the total of employees of the
two concerns to 35.902. They are
hiring men at the rate of between
5000 and 1000 month.
A year ago the combined backlog
of the two companies was sl69,-
845 Ala and their employees number
ed approximately l2,250.
Evening star., 1941-07-13
Chicago Livestock
Chicago Livestock.

CHICAGO. July y up, u. s. Depart
ment AgrlcultureI .-Salable hogs, 300;
total, 100, only few small lots here
sold at 1925 down for weights around
2ln lbs: ouotable top l. IS for strictly
choice medium weight butchers: shippers
TOOK none; holdover, 1000: compared
Thursday last week: good and choice
barroVs and gifts $3.50 higher: pack
ing soWS. 30-4U up.
pared Thursday last week: light yearling
steers. p lower. instances more on 1.500-
$50 lbs. averages: receipts sharply cur
tailed late in week following sharp de-
cline on Weighty steers. and closing mar
ket active and unevenly higher than
week low time: long fed steers scaling
l.iun lbs. UPWARD still unpopular: fed
helierS, $500 higher very active; cows
strong TO - up: bulls. $3.50 higher;
veslers, 30 over late last week: extreme
top 80 lbs. steers. l".25; few loads
long yearines and light steers. / So
for yearlinRS, with. choice to prime 1,42S
lbs, s,eerS ] / 40. few passing 100 and
load a'ter load scaling 1.3o0-1 $40 lbs.
At 1b."5-1o.i5; fed mefers reached
SO cutter cows 7.25. heavy sausage
bulls $40, and vealers 1880
Saldble sheen 100; total 500: COM
pared Thursday last week: spring lambs
lost l0-l5 on the close, with fat sheep
and yearlingS steady: extreme top spring
ers !: 100; closing 11.s5 for Washing
tor lambs with light sort. throwouts 60
sspringers I1.75; bulk late 11:25-11.15;
throwouts. mostly $50 down; few shorn
yearlingS. 000-u.40; best fat ewes 415;
buik. 4 .00-4 50
Evening star., 1941-07-13
SteeIMenR Report
Expansion Plans
To Be Cut
Vast Construction
Seen as Threat to
Immediate Needs
E, the Associated Press.

ES the Associated Press.
NEW YORK, July l2.-Steel men
here said today the Government
was planning to curtail its planned
increase in steel capacity from TO-
100000 tons a year TO around 6,000,-
900 tons or less to keep the new
construction from devouring too
much of the current output.
They estimated mills capable of
producing 100000 tons annually
would take 100000 tons to build.
Arms Needs Cited.
That steel is needed urgently in
defense industries. they said, and.
while the estimated Capacity for
next year falls short of some esti-
mates of need, looping another
100000 tons from the available
supply might put serious crimp in
armament production.
The Nation is making steel at a
rate of more than 100000 tons
annually and the Gano Dunn re-
port has set the figure for the end
of the year at 9l,000000 tons
Current orders are bigger than
current production. Priorities have
been clamped on finished steel
products. in some places confusing
the manufacturers 10 the point
where they're asking Washington
for help.
Reports of railroad car factories
closing temporarily for lack of
steel, Of smaller shipments to auto
mobile plants and of pig iron short
ages are current.
Fear Sacrifice Now.
All were quoted TO emphasize the
claim that while the Government
might like another 100000 tons
annual capacity. its leaders were
hesitant to snatch 100000 tons
from the reaching hands of defense
workers
Steel quarters felt that such mills.
once completed. would have to
operate eight months or longer to
make as much steel as was used
building them.
Evening star., 1941-07-13
Cotton Mill Chiefs Want to He'll
Draft New Price Ceilings

by the price orders had complied
with that part of the ruling provid-
ing that old orders must be booked
at prices within the limits.
To overcome objections to charges
an industry committee might try to
push prices upward. the reports said
a chairman from outside the indus
try but well acquainted with it might
be named. Albert l.. Scott of Lock-
wood Green Co.. engineers, was sug-
geSted as a possible choice.
Since the ceilings were set the gray
goods business has been virtually
paralyzed. Mills were reported re-
luctant to accept orders at the con-
trolled price when they felt an ad-
iustment might be made giving them
little more margin between cost
and sale price.
Evening star., 1941-07-13
Dividends Declared

BALTIMORE. July II (SpeciaD -
The regular quarterly dividend of 81
a share and an extra dividend of
like amount have been declared by
the directors of the Fidelity & De-
post Co. of Maryland. They are
payable on July 81 to stockholders
of record on July 16 The directors
declared a similar extra dividend
just year ago.
Evening star., 1941-07-13
BY the Associated Press.

BY the Associated Press.
NEW YORK, July 12.-Negotia-
tions for large-scale purchases OF
foreign lead from Mexico, Canada
and Peru by the Metals Reserve Co.
were understood to be virtually
completed this week.
Tonnage involved was estimated
at more than 100000 tons of refined
lead, with about Is 900 tons monthly
coming from Mexico and between
5000 and 1000 tons monthly from
Canada. Tonnage to be expected
from Peru was not disclosed.
Delivery probably would cover the
final six months of 1941 with the
entailment of a higher price for
foreign lead than is currently
quoted.
The domestic price held un-
changed at 5s5 to $50 cents q
pound, New York, and $40 St. Louis.
Foreign lead previously offered was
Evening star., 1941-07-13
Wheat Market Drifts
Fraetiona||y Lower
At Chicago
Hedging Sales, Quote
Debate and Terminal
Jam Are Factors
BY FRANKLIN MULLIN,

CHICAGO, July PA fraction
ally lower trend of wheat prices to-
day reflected hedging sales against
limited quantities of grain going
into commercial channels and the
markets unsettled condition due
atty and congestion of receipts at
terminals in the harvest area.
Losses were held to about y cent
due TO moderate support that came
from mills and professional inter-
ests and wheat closed ls-ss lower
than yesterday. July l047s, Sep
tember 81 O6l 2-as Corn finished un-
changed TO IS higher. July 1875,
September 75@S; oats 14-l2 lower;
soybeans AL cent higher: rye J.
lower to Is higher and lard 1920
higher.
Some grain men expressed belief
rumors of q new German offensive
in Russia caused uneasiness in the
trade Limitations on receipts of
wheat at Kansas City and ST. Louis
for storage purposes and likelihood
that similar measures will be neces-
Sary at other terminals caused some
traders to predict an increased flow
to these markets of free supplies.
Interest was focused on a report
that the Commodity Credit Corp,
with 174000,000 bushels of 1910
loan grain III It's possession,
may attempt to dispose of some
of it to Great Britain and other
friendly nations through barter ar
rangements. negotiations for which
were understood to be under way.
Many dealers, however, expressed
belief no great quantity could be
worked TO Great Britain in view
of the Canadian surplus. offered at
prices about 80 cents below domes-
tic values.
The Government figures showed
there still are about 28OOO,0 600
bushels of old wheat under loans
on farm which, it is expected, either
will be redeemed or resealed. Farm
ers redeemed about 54,OOO.OOO BUSH
els of terminal stored grain and
100000 bushels that had been
stored on farms.
Evening star., 1941-07-13
47.4O3,966.19
RecapitulatiOn.
Needham Off to West Coast.

D. J. Needham, general counsel of
leaves Washington tomorrow to at
tend a conference of Western bank
ers at Boulder. Colo. on June II. 18
and 19 Mr. Needham will give an
address at each of the daily ses-
sionS on the situation in Washing
ton relative to banking legislation.
From Colorado Mr.. Needham will
go to Seattle to attend and speak
at the Pacific Coast Trust Confer
ence, which opens a three-day Ses-
sion there on August s. He will re-
turn to the Capital about August Is.
Bond Buying Now Permitted.
Under a recent amendment to
the regulations of the Treasury De-
partment governing United States
savings bonds. investment in Series
r and G bonds for revocable trusts
now is permitted, according to in
formation just sent to the banks.
The Treasury Department also
has amended its regulations issued
pursuant to Executive Order 1899,
As amended, extending the date for
filing the report on Form TFR-300
from July IA. l941, TO August 30.
194l. This is the report on which
sll banks must furnish informa ton
as to property of foreign countries
and their nationals within the
banks jurisdiction on June l, 1910,
and June Ia, l941.
u. c. Phone Records Broken.
The Chesapeake & Potomac Tele-
phone Co. had 295,0O9 telephones in
operation in June. compared with
2610l7 in June. 1910, it was an
nounced yesterday. During June
there was a gain of 2874 phones.
Average daily calls reached l,403,-
e54 in June, which smashed all pre-
riouS records for any month in the
company'S history. and compared
with l,l88,027 average calls per day
in June of last year.
Named to Red Cross Posts.
T. Stanley Holland, vice president
and trust officer of the American
Security g. Trust Co., has been
named chairman of the financial
group for the 1941 Red Cross Roll
Call. A. Scott Offutt, vice presi-
dent of the City Bank, has been
made chairman of the banks and
trust companies group.
Lanier P. McLachlen president of
the McLachlen Banking Corp, also
has taken an important Red Cross
assignment.