davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Metal Markets

NEW YORK, Feb. while there was
no change in the Official prices quoted in
the custom smelter division today, con-
sumner demand was al virtual standstll.
Prices remained at 1Teefts pound
delivered Connecticut Valley base.
Principal primary producer continued TO
allocate sales al IL cents pound in the
valley with books for May delivery now
open for orders.
Similar to the custom field there was no
activity reported in the outside market,
with nearby metal nominally quoted at
10 cents a pound and July and August
shipments at Jpn cents a pound in the
valley September delivery dates were
quoted at II IS to II. 80 cents a pound.
Quietness prevailed in the market for
export copper with customs smelters quot
ing 10A cents 10 l0lz cents a pound f.a.s
New York Tor foreign metal leading
foreign primary producer continued to
quote ~ cents a pound fa.s. New York
Usual Saturday duiiness held sway In
the market for lead with only a few car
load lots changing hands at $50 to SIS
cents a pound delivered New York and
s. IS cents a pound ST. Louis.
Zinc was firm and unchanged at 7.25
cents a pound East st. LOUIS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
STEEL MOOT OPERATIONS

Each week which passes with
out shutdoWns or curtallment OF
consumers plants for lack of steel
gives confidence towards the
future. Though the delivery situa-
ton becomes ever tenser. steel
makers and users, paradoxically
perhaps. are more confident that
in the long run there Will be an
abundance.
New methods, devices and short
cuts are being adopted to expedite
manufacture and delivery. Thus
mills take less pains in cutting TO
pattern, consumers being satisfied
to receive the cruder material.
Again, more Standardization is
evolving, resulting in greater pro-
duction. Furnaces and mills are
often operating above rated capaci-
ties. too. More rolling mills are
turning out related products. such
as sheet mills producing plates,
and tin mills sheets. Some COM
panies farm out TO others certain
production. Greater localiZation Of
business adds TO economics and
speed.
Steel ingot production last week
advanced Ia points to 81 per cent
of capacity. figures for the two
past weeks having been revised to
conform TO the revised estimate of
national capacity. Gains last week
took place as follows. Pittsburgh
y point TO 9612, Chicago liz
points to 9S. Cleveland pa points
TO S6i7. st. Louis 2l2 points to go
and Youngstown up point 10 %
Declines we're: New England. i
points 10 So and Detroit 3 points
10 90. Unchanged were eastern
Pennsylvania at 90. Buffalo at SO
Birmingham at 100, Wheeling al
100 and Cincinnati at 80.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
.Straws in The Wind

Last week. three condluons
emphasized the point.
The House committee re-
jected an amendment 10 the
lease-lend bill which would have
prevented the use Of our navy
for conveying supplies to Eng
land. :,
= 2-The government showed
softness toward labor in refus-
ing 10 waive the regular labor
contract requirements IN case OF
war supplies on which Ford was
low bidder. :.
3-The government showed
poor Judgment, to say the least'
in starting an antitrust suit
against such companies as Dow
Chemical and Aluminium Com
pany Of America. The suit IS cal
eulated falsely to besmireh the
reputation of these concerns
Also important IS the general
fact that these uncertainties
tend to keep buying out OF the
G,arket. Then. in the obSence
buying. the pressure TO llqul-
1te British holdings has an alb
normally great effect.
We have Just been told that
the entire British holdings OF 81
stocks have now been completely
liouidated, in addition TO the
group previously announced.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Stock Market
Irregular in
Dull Trade 4
BY LESLIE GOULD
Interna tionaI News service Wire

NEW YORK, Feb. 3. - Stool;
market prices were mixed today
in another quiet session. Price
changes mostly were restricted TO
fractions. Only leading stock TO
show a change Of as much as one
point was Du Pont with a rise
of that amount.
As a group. steel shares we're
firmest. Although United States
Steel was unchanged. Bethlehem
scored gain OF a point and
Crucible a.
Other firm spots were UTILITIES
where Columbia Gas and Public
Service of New Jersey advanced
"a. and Consolidated Edison and
Engineers Public Service u each.
Motors were dull. Chrysler held
unchanged, but General Motors
lost "a TO break AZ A block OF
1900 Packard crossed the tape at
3, unchanged.
Metals were mixed, American
Smelling and Kennecott losing
fractions while Anaconda and
Nickel advanced as much. Avia-
tions were under pressure. Doug
las. United Aircraft and American
Air Lines were off = tot Y Lock
heed was an exception with
slight gain.
Rails were mixed. G. and O. and
Union Pacific were off = and =
respectively. while New York Cen
trail and Southern Pacific adj
vanced.
In the oils Texas Corporation
was lower and Jersey higher.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Treasury Moves to Finance
Democracy's Arsenal

IL Is presented for payment
earlier. The thought is that such
a security should be purchased
out of real savings. and not ac-
quired through bank loans.
If the public is to be told the
truth about such financing. it
should be explained that savings
are goods produced which re-
main unconsumed. The worker
through his weekly pay gets
what in the last analysis are
receipts for or claims on goods.
If intsead of claiming and using
up all the goods to which his
weekly pay entitled him, the
worker turns over some to the
government and takes a bond in
payment. he in effect is trans
ferring to the government part
of the current production to
which he is entitled. Thus, in
avoiding competition with the
government for goods in limited
-suppiy,. the worker is doubfy
helpful.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
War Fear Given
Most Credit for
Market Slump
By LEWIS HANEY

Professor OF Economics, N. Y. Universit,
If we regard the stock market
as a business barometer, we
must recognize that the outlook
is for some sort of a reaction in
business. affecting either bust
ness activity or profits. or both.
While nothing startling, the
market recession has now been
considerable enough to warrant
such a statement.
As TO the market recession.
the average of 100 stocks was
dnA0n- l85 points last week
which SIS 3 points under the
January high, and Az points
under the highs Of last Novem-
ber. (The percentage declines
are about the same as the
points.
As TO the meaning for BUSH
ness. the chief question lies in
the war factor. OF this score,
some argue that the war is one
thing: business, another. The
correct Interpretation. however.
is that developments in the war
may easily have such serious
effects upon the earnings OF
business that the market is now
diScounting them.
1t is the effect OF war on bust
ness that counts marketwise, and
il is these possible effects that
are registering IN the market
barometer.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Slotten-Di|Ion
Earns S358,500

Scotten-Dillon Company for the
year ended December 81 shows a
net profit of $685. 500 after depre-
citation. federal income taxes, etc,
equal to S120 a share on 100000
shares of common stock.
This compares with the 1889
net profit of S37S,916 or SIPS a
share.
Current assets at December 81,
including St,e5o05t cash and
United States government securi-
ties. totaled S3,749,027 and cur
rent liabilities were S150, 284. COM
pared with cash and United States
government securities of S2,080,-
.004 current assets 1892 $50 and
current liabilities Sff3,669 a year
ago. Inventories were 81, CSC, 634,
against 81 ,565. SAB.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Moformen's Record

The public response must
have been Disappointing to the
CIO agitators for the recasting
OF our whole industrial system,
advocates of turning established
economic functionlng completely
topsy-turvy, advocates of ele-
waiting non-managers workers
and political employees TO the
managerial saddle.
1t so happens that the whole
world recognizes that United
States motor manufacturers
have demonstrated ability be-
yond anything exhibited in any
other country, that they have
developed the industry into the
foremost employment-giver IN
the land. that they have sup
piled three-quarters of all the
motor vehicles throughout the
globe.
But Go workers. utterly in
nocent of practical managerial
experience. want the public to
believe that they could do bet
ter job,
Now they also want the pub
lie TO believe the same in regard
to the steel industry.
This writer's profound convic-
ton is that these agitationS arc
short sighted. that if put into
effect they would first carry all
union labor TO the brink of gov
eminent dictation-and finally
over the precipice. What has
happened in Germany, in Russia.
in Italy, in Japan should cause
American wage earners TO take
warning.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Net Gain
Seen for
Murray

Murray Corporation Of America
in in He current quarter which ends
February % should make better
showing earningswise than in the
quarter ended November 80 last,
first Of the current fiscal year. but
probably will fail measurably to
equal the S456.622 or as cents a
share reported for the like period
year ago. The net profit was
S220,l5S or % cents a share in
the November. 1910. quarter.
Any earnings estimate within
closer limits is not practical at
this time, due 10 various factors
that could substantially affect
profit margins this quarter. Among
these is abnormally heavy cost OF
getting volume production on
materially redesigned automotive
items earlier in the 1871 model
season. Higher taxes also are a
barrier TO earnings equallIng those
Of year ago.
Despite the fact that all details
of the Douglas Aircraft Company
contract for $4,000. 900 of inner
wing sections and other sub
assemblies have not yet been
worked out. Murray's tooling and
plant preparation program is be-
ing pushed so initial deliveries can
be made as quickly as possible,
II is not expected. however. that
such aircraft production can be-
come important in Murray's pic
ture in the current fiscal year,
which ends August 81. Late this
year. however, it should start 10
become increasingly important
from a volume standpoint.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Farmers Market

APPLES Delicious fancy. 81 bu No.
/ 81 ina Is "a Mcintosh fancy. Is
~ bu.. No. l. S125a so. No 2 75c u
81 Northern spys. fsncy 81 ou No /
81 500 IS. 10 2. 75c ~ 81 bu /; Green
ings 80. /. 75c n 81 25 bu. No 2. 80 u SOC
bu Wsgners. fancy. 81 50 hu 40. /.
No ? so ~ soc bu Jonsthans fancy. 81 80
- so ou No. !. eoc ltl IS. No. ?, so
BEETs- I. 4oae5c eu
SOC: curly, IS 6oc bu.; red 40. /. SO
~ 75c hu
cARRoTs-No. /. 7oasoc bu No. ?.
CELERY Fancy. 40 ~ soc dor bchs
No. !. 25p 35c 10. ?. I5a 2oc; roo, No.
I, 7jc ~ 81 bu cabbage No / 81 ~ sc
M; square No. /. 75aSi bu.. No. ?
EGGs-Lsrse ss7sa725 ao-aoz case
ENplvE French No. l. $50 s-n
box 70 4 75c 81
HOGs-Dressef l3a l5c ~
No ?. 81 , so
LEAF LETTUCE 40 soc SIN basket,
ONIONS Dry fancy. Sial.10 5O-lb,
sacks No. /, 500 75c jo-ib. sack. No. 2
PARSLEY Root. No. !. 5oa 7sc bu.
PARsNIPs-No, l. SIS n s5c hu-; No. ?
PoTAToEs-Fancy. sIaI1O bu No. /.
PouLTRY-Hens. heavy breeds. 10 2lc
Ii; leghorns, lin lsc; hroilers heavy, p
y 23c ducks, ljH isct geese. i4di7c.
RADlSHES Hothouse. so n soc dor
bchs
RHUBARB - Hothouse. choice. 20 25c
5-lh. box, fancy. 300 35c small. so J SOC
dor bchs
RoMAINE-No. I, so n 75c bu
RUTABAGAs-N / sou 75c bu
SQUAsH-Tahle Queen. No l. s5c n 81
bu. No. 2 soc Hubbard No. 1, Sl25d
LIS bu. No. 2 75c 81 bu
TURNiPS-Fancy. 81 hu.: No. 1, 70d
SOC bu No. 2 son soc hu
VEGETABLE oYsTERs-No. /. 500 75c
doz. bchs
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Rising Employment

In almost every industrial and
mercantile line activity is en-
panding. Consequently, so is
employment.
These trends are certain 10
continue as foundation-laying
for gigantic preparedness pro-
duction gradually reaches conn
pletion in different fields.
Should nothing catastrophe
erupt abroad or at home, the
logical course for the stock mar
ket TO take would be upwards.
The two most restrictive in
fluences at the moment are the
possibility of severe British
setback and the possibility of
widespread disturbing labor hap
penings at home. This writer is
hopeful that neither will occur.
Copyright. 1871, by B. c. Forbes
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Sound Dollar Vital

And if the dollar is kept
sound, then the bond will re-
serve purchasing power for the
worker. so that he can use it in
any postwar depression which
may eventuate when work may
be scarcer and weekly pay
lower. If saving is to be made
easy for the worker, a pay roll
deduction plan would be in
order, and as a patriotic ges-
ture the labor unions should
sponsor the plan in order to
obviate any thought of coercion
on the part of the employer.
There is strong sentiment for
working through existing local
organization, instead of setting
up vast new popular loan bu-
reaucracy from coast to coast.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Forbes
Is Pessimism
In Wall Street
Being Overdone?
BY b. C. FORBES

When Wall Street is In a
bearish mood it can and does
interpret even encouraging de-
velopments as discouraging. A
fresh illustration came last
week.
The United States Steel Cor
poration issued a very favorable
fourth-quarter report. revealing
that il, in common with other
steel companies, is doing
mountaineering volume of bust
ness. booking record-breaking
orders. paying out a record
breaking sum IN wages to a rap
idly-increasing force.
The average number OF en-
ployes last quarter was 272.0S7.
against 223,844 for the final
quarter Of the previous year.
Net quarterly income avail
able for stockholders is given
as S32, 763,25l. against S2S'-
729.178 a year ago. But that
doesn't properly reflect the ac-
tual gain in earnings because OF
"the payment 10 trustee OF
Sc. 969. 3l8, representing the
present value of the expected
future payments of pensions to
those pensioned in 1910, Tor
service rendered prior 10 1910.
out OF which fund these PEN
sions will be paid" That is an
abnormal deduction.
Yet, Notwithstanding the
cheerful showing. the stock mar
ket responded not merely unen-
Enthusiastically. but positively
pessimistically. Steel shares ac-
tually led the list downwards.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Detroit Produce

APPL ES--M ichigan. hu crates l. = No.
2 nsh ssla~is 81. 75q poe pc Ds,,eI:
ANIsE-Te1ss hslf-crstes. 81 25. pony
crates Sis California L. A. crates.
NEUTRALITY-SUSPICIOUS. boxes. s45 81
1xs
AvocADos-c California flats. iss.3os
81 aoff 90.
BEANS Florida. hi hampers Bounti.
fuls. 81 50G3: Black Valentines. 50 so n 4;
fiat way 81 501f
BEETs Texas half-crates 3 dor. hohs.
81 iSni3s
BRoCCoL1-crates 2s 40 hchs Arizona.
50 25: California 81 eoI325
BRUSSELS sPRoUTs-calfornia half.
drums 81 50
7oa 7sc; L. A crates California. 81 81 y
us: Texas. 50 50a275; Florida. IL bu
hammers 81 50
CARROTS a crates doz hchs
Is Texas. half.crates t-doz. $3.50 IS
CAULtFLoWER- California pony crates
i0s-i2s sl50als5
CELERY california helf-cra,e. washed
aPscRl fipe. 81 doZ 81 50 SIS dor
81 800 - Florida 1s-inch crates trimmed
tops. s doz.. 81 .25n2 IS; SIS. 81 - IS;
los Il 75124n
CucUMBERs Indiana ho'house cartons
l2s small 20 large size Sl01.75
EGGPLANT-Florida / = -bu crates 81
ENDIVE-L A. crates hleached Arizona
81 Is California. 50 soa27'
GRAPEFRUTT-T Texas standard boxes
Marsh Seedless. 81 7512 25. Marsh Pinks.
ess 50 80 SOS and larger 81 -
GRAPES 49, California hugs Emperors.
LEAF ErTUcE-ohio dollhouse, io-lb
baskets Sis
LETTUCE L 4 crates Iceberg tyne
Arizona Is S2.75~3. California Is s. rs
n 3 50. - S325a3 So
nNTONG -, Z
Sweet spanish. 3-inch and larger Colorado.
~ - . So oregon 81 40; Michivsn Vel
low 7o-soes Pin. and larger zoo sc
ON oRANG E Is -california standard hoxe.
boxes. 81 1919
PARsLFY-Texas half crates-x.z1 Is
PAISLEY RoOTs-Texas crates 50 so.
:, PEARs-oregon half-boxes, Anjous.
PEAs-california bu. baskets. So; Mex
PEPPERS Florida IL bu. crates calf
,ar1,a Wonders. $50 5 IS. Ruby Kings.
PoTaToEs-roo.i sack, L 8 No I
Idaho Russets. 81 IS: Maine. various var
,e'ies, Slto%i IS: Michiean Chippewss.
~ 90 IS; Russell Rursls si15112o.
Idaho Russets i0-Ib sacks lei, n 2ic:
l5-lh sacks Maine various varieties &c
riorids M crates Trumphs. 81 so = I. rs.
sis '' GRAVES ''''O 0eh'''
Michigan dollhouse. sn-Ih
cartons choice, 81 75a 225 fancy. 50 rs
RUTARAGAs - Canada 5O-lb. sacks
waved 5Sq SIC a II
SHALLOTS-L A hhls 20 dor hchs
SIS 30: crates 5-do1 hchs. g 25a295
SPINACH Texas hu baskets SlG 80.
SWEET POTATOES Blu crates Porto
Ricsns q 3 No l. A. crates. 81 -
- 50 Texas 7hH2
TANGERINEs- Florida haif-boxes. 81 IS
n ! so
observation-disclosures. io-lb. cartons,
81 IS q 40.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Steel Sales Rise
Further; Rate
At 81 Pct.

CLEVELAND, Feb. 3. = Steel
sales in January were generally
larger than in December, compar-
ing for some makers with October
which had been best in 1910. In
exceptional cases an improvement
of 80 per cent is noted. Gains were
due TO more defense orders,
greater civilian purchasing for fear
of prioritieS or scarcity and to the
season, needs for Spring and Sum-
mer outdoor work being antici-
pated. saws magazine Steel.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

catering to little fellows is adj
mlttedly expensive. the treas
ury believes that the offsetting
social and economic advantages
are worth while. In addition to
providing the treasury with adj
fdltional funds such popular
financing Will broaden the army
of Capitalists with a stake in
perpetuation OF the American
way. II will give civilians a
sense of more immediate par
ticipation in the great defense
effort.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
M. s. RukeySer:
international News Service Economic Commentator

WASHINGTON, Feb. Sec.
rotary Morgenthau and his
aides are busily at work at new
and extraordinary means of
financing "democracy's arsenal"
which is the designation Presi-
dent Roosevelt has placed on the
United States.
In the coming fortnight, the
treasury expects to receive con-
gressional authorization TO pro-
coed to acquire the dollars which
the spending side of the govern
ment is rapidly disbursing.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Replies to Bears

But most of the beariSh argu-
Gents are merely negative; they
ut indicate increased selling
Sessure. Most of them, too,
can be opposed by strong coun-
ter arguments.
There is nothing new in the
threat to England. Any slow
ing in business now is transit
tional and temporary.
Analysis shows steel earnings
20 be favorable. Labor demands
will certainly be restrained by
defense needs. The decline in
bonds Will strengthen the tend
ency to buy equities.
My suggestion is to hold. and
wait for somewhat better buy
ins opportunities
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
{. 6. Budd Paying Off
Balance Of 690 Bonds

PHILADELPHIA, Feb. ED
ward G. Budd Manufacturing
Company is paying off at the Of
flee of the Girard Trust Company.
trustee, the outstanding balance of
sinking fund per cent convertible
bonds amounting to S940, 125 in
principal amount plus interest to
date of payment.
1t is understood the payment Is
being made out of treasury cash.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Detroit Poultry

Market, steady. Hens. over 81 lbs lie,
under SD ms. i9c. cocks. 10 n lie! rock
springers. up to 5is lbs. zoe. stags 16c
leghorn hens. lbs. and up i5c rock
broilers. 10 ~ lbs, 20c capons. lbs.
and up 23c; under I lbs. Ale ducks
white. his. and up. i6o geese, lie
rabbits. 13c.
EGGS Market steady. Cuuent receipts,
- AcS nndsrgr adss. 1AxD IA Aa
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Earnings y

International Railways Of Central AMER
tca preliminary report for the year ended
December 81 shows net income Of $3.50
70f. equal. after dividend requirements on
100. 900 shares of 81 cumulative preferred
stock on which there Is an accumulation Of
unpaid dividends 10 r cents a share on
the common stock against net income Of
~ oI0. 5ft, or Sl.i4 share on the common
10 1888.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Grain Futures
Little Changed
International New. serv,o. Wiz,

CHICAGO. Feb. 3-Wheat fu-
lures opened &c up TO &c off to-
day. corn &c lower and oats &c
higher.
Wheat-May s1s. 6s17sc; July,
75s. n 75i2c; September, 751s q
76c.
Corn-May, 614G6lsc; July,
61%c
Oats-May. 35a4c.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

A. VI. Castle 4 Co. report for the year
ended December 81 shows a net profit Of
$500 $50, after depreciation, federal income
and excess profits taxes. etc. equal TO
2i2 share on 240. 900 shares Of capital
stock. This compares with S3is ls5, or
81 IS share in 1899.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
Livestock Markets

RECEIPTS 0ud; market steady and active
-Choice 10 prime yearlngs. dry fed few
strictly prime. up to Sii.50u y rs good TO
choice yearlings. dry fed. SO. 500 IL 50.
choice TO prime heavy steers. dry fed S12
~ - %; good TO choice heavy steers. $40 ~
~ II short fed cattle 50 500 10. so: mixed
steers and hsifers $3.50 fair TO good
grass steers ana heifefs S71s: common 10
butcher cattle, So :. beN cows So 2sd
s t5s butcher COWS s. 50u62S. cutter
COWS 81 = 30 old rims. - IS down: hest
hght butcher bulls s. SOFAS best heavy q
weight bologna, S7H7 so. medium weight
bologna hulls SsTs75. light common
bulls, S5d6 stock bulls s. 50 y s 70. good
20 choice Stockers and feeders. SIS n 10 p
common to fair stockers and feeders SIS =
so. mixers and springers. So u s5c.
VEAL CALVES Receipts. 500. market
steady. Best calves Sii so; fair 10 good
Si2 500 IA seconds. si0n IL: culls and
common. SsdlO.
SHEEP -I-AAlBS-Reeeipt., 3 SEE.
market not established
HOGS = Receipts. 800: market. pros
poets higher.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03
rITTsBI RGH

PITTSBURGH Feb. 3 - (1Ns) = CAT
TIE Receipts. 500. market steady. Steers.
choice Sl2 500 1915. medium to good
50. 50 Il So common. $3.50 "a 9. so; hefers.
medium to good. s.. 500 so. common. Sc
n : so: cows medium to good scat. can
ners and cutters. Sta575; bulls, good 70
Z 50as75. common to medium. S6 SIS
HOGS Receipts. 500 market active and
lower 160-isn lbs. Ss25 so: 1s0-220
his Sc. 500 s.65: 220-25O lbs. n SIS. 90 q (. 65 !.
250-2eO his. $3.50: 100-ib lbs, 81 n
IT'S: roughs. SIS s6.T5.
Receipts 400: market active
One load clipped lambs at $40 choice
lambs Si1d1i Is. medium 70 good. SO so
"a la 50 common lambs S7Hs; ewes. 81 80
n 3 50. wethers 81 tNs(jO.
CALVES Receipts. $50; market active.
Good 70 choice. Si3.5Od is.7a. medium.
SIO4i2 culls and common s. 80 v : 50.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-03

Purity Bakeries Corporation report for
the year ended December Is shows net
profit Of S1.ifs sos equal 10 81 40 4 share
IN T7i47s shares Of common stock. This
compares with S1,s5i,si3. or s2.lt . share
In 1889.