The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-09-26
TRADE
WINDS"


legislature committee. appointed n
1883 Ter ths recoaifscatiea 81 ire
Insurance. iaw. Is comrletins lts
task ard Vii havs = Feesmmsa-
dation included that no more than
10 pr cent e investment. may -
placed In eorpoFsts eemmea
shares
Securities Exchange Commits
sioner sumner r. PIKE made q suk.
gc-tion 10 the T. \. v. c. when he
appeared before the committee
early this year. tina, life insurance
companies es allowed 10 invest
"gooa sums. In high.Ersds corn.
mon stocks At that time New
York State Insurance supersntend-
ent Louis II. Pink questioned the
ACCESSIBILITY.
Accredited sources say that Mr..
Fink In now convinced that numef-
Gus common stocks enjoy ~ geed
an investment rating as do GER
tain preferred shares. With Mr..
Pink agreeing. The s,sss legisis.
lures insurance committee Ia en-.
peeted 90 hold public hearings late
this year and have the bill intro
dueed in the ips7 session.
nueE SUNS i>volysp-Th.
attractive yields on many common
shares 10 regarded a. reason Why
such should he purchased. say IN
vestment managers. This u espe-
clally 90 because Of the present
inflstionsry threats. Many eduea.
tionai institutions Are already own.
ers of common sharcs-ss are hoe
pitfalls.
II the New York state ieEisla-
turs votes . bill making ~ legal
for Insurance companies 10 pur.
chase common shares. IL Foes
without saying that savings hanks
and trustees viii be treated &C,
cordingiy. That would place huge
sums Of Idle funds 10 work.
ANGRY-Ths office Of price al
ministrstion has warned manufao
turers Of household appliances and
other durable goods that prices ar,
not 60 be increased without frs
consulting the OPA.
Executives Of these industries
are tearing their hair. They CT!
out that curtailmcnt increases pc
unit production costs A. do highe
labor costs and that OF raw mate
riais--if they are lucky TO get any
OIL supriIEs-fhsrm b. n
shortage Of gasoline along the Al
iantic seaboard unless the govern
ment deems II necessary 10 requisi
: ton more tankers for British o
J Russian service or earmsrks iarg
. quantities for added navy duty
y patrolllng tho Atlantic.
n The heavy gasoline consumin
, season II nearing It's end Hut
= shortage In likely In heavy fuel oil
y Normally that comes from Mexic
l. and the Netherlands West Indie
= Non-avaiiability Of sufficient tsnt
Y ers In these services prevents .
: adequate flow.
|. REPORTS AIR TnAT-Bar,
dali Oh management To redue
bank loans as cash permits. DIV
bends viii be conservative
International Harvester workin
fun time on heavy duty truck pro
duotion. Chain Belt operating I
record levels :. Long.rsnge carr
ings estimate: Radio Corp viii NJ
= more than 80 cents for 1871 !.
= Wie.wire spenser stssI's ies1 M
y VIII be best in history Deer
e a Co. wording full time on far
70 equipment and war orders.
Long-range earnings estimat
4 National Enameling VIII net MOI
l. than ~ for 1871 United Ri
Ie cult will show close 10 si.75 n
Ie year Continental Can benefit
y from jump In Tin prices because I
Il large inventory position. value Z
n over 80 per cent since 1893 4.
u Long range earnings estimate
Texas Corp. will show above
n for Is4i.
d J. J. Case shares may be spl
I. with enlarged dividend on ne
.s stock >. crosiey Corps 1871 M
4 Will be best since 1885 .. Lon
range earnings estimate: Square
Will net Gloss 10 80 for 1851 4.
y Aonssnto Chemical going n
g. blast ON defense requirements
Ksls Hayes Wheel active on arm
" fnent contracts Food compar
equities liked a. an initiation heds