davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Money Is Not All

From the president oil another
successful. large-scale company,
comes this:
II wish young people could
see that making money Is not
the only accomplishment in life.
Some men who are regarded as
our greatest men never made
more than a comfortable living,
hut they accomplished great
good, rendered most valuable
service to their fellowmen and
to the establishment OF our
American way Of life.
81 would advise young people
to pay more attention to the
development of character and
their spiritual state In the hope
that they may become we'll
balanced individuals and thereby
become part Of a well-balanced
society. They should not forget
that many men who have made
large fortunes would give all of
IL back II they might be re-
garded as having rendered "A
worthwhile service to human
ity. What Sophocles said Is well
worth remembering. we must
see life steadily and see ii
whole
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05

the doorstep of the White House
awaiting clearance.
The Department OF Labor,
presided over by Frances Per-
kins, Is serving as a source OF
information. personnel and tech
nique for Sidney Hillman, CO.
director OF the Office of produc-
ton management. In his new
office and earlier, when he
functiOned as q member OF the
national advisory defense COM
mission, Mr.. Hillman. as a labor
leader, has been active I'm seek
Ing to keep relations between
armament employers and work
ers peaceful.
In addition, the mediation
service of the labor department
Is active. Miss Perkins tells me
that 90 per cent of the disputes
submitted to II in the last four
years were settled without overt
stoppage of work. Miss Perkins
processes great confidence in the
national value. of such preven-
tive work in the field of indus
trial strife.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Forbes
What Is Real
SUGGEST Top
Executives Tell
BY b. c. FORBES

What constitutes success, in
the eyes of IN an k in d, has
changed through the ages. The
rest of the world always has re-
garded America as measuring
success strictly by the dollar
yardstick.
Time changes all things"
The customary question when
a prominent American died used
10 be-
What did he leave
We are entering an era when
the question asked is:
What did he dO?"
This is a sign of progress, a
most healthy, wholesome. inspir-
ing sign.
I've known millionaires for
whom I had nothing but pity.
Examples: John d. Rockefeller's
brother. William; banker James
Stillman; George Eastman,
Kodak king, who ended his life
with a pistol shot; bumptious
Samuel insult. utility-king-for-
a-spasm: Nicholas F. Brady,
utility franchise manipulation.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Bankruptcy Seen
For Ozark Corp.

A special meeting of stockhold-
ers of Ozark Corporation will be
held on February IA to approve
the decision of the board of direc-
tors TO liquidate the corporation
through bankruptcy or TO adopt a
plan for the continuance of the
firm if such a plan can be devised.
In recommending bankruptcy
proceedings. the board pointed out
that all circumstances surrounding
the company were thoroughly ex-
amined and considered. If there
is not quorum present at the
the decision of the direc-
tors TO liquidate will stand,
Laurence NJ. Thomas, secretary,
reports.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
StoeksRefleei
Threat Of War
Economy
By LEWIS HANFY

Professor Of Eeasen'ies, y. y. psiVeFs''s
More and more. all the news
and business outlook are coming
70 hinge on developments IN the
second World War, and in our
relations thereto.
II must not be supposed that
war news merely affects ihe
stock market and financial sen
timent. OF that real business and
Industry are unaffected. The
fact * that business is run FOR
profits. and that goods arc pro-
duced 10 sell al a profit. Labor
is employed 10 make goods
which can be produced profitably.
Through profits. therefore. IT.
dustTy. finance and the stock
market are closely tied together.
When we find financial condi-
tons bad and the stock market
weak. we can be sure that some
thing is threatening in the BUSH
ness outlook.
The simple truth is that busi-
ness Is beginning 10 feel what
the stock market has foreseen.
namely the approach OF war
economy condition OF gov
eminent control 10 deal with
wartime emergencies. includ-
Ing labor demands
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
.3,4l5,9O5
Cars Sold
During 40

Retail sales of new passenger
cars in the United States in 1910
totaled 3,415. 905 units, according
to the final tabulation of official
registration figures for December
announced here today by r. l..
Polk & Co.
According TO Polk records. this
total exceeds the 1889 registration
figures of 2,653,377 by 2S.74 per
cent.
Registrations of new trucks in
1910 also are up over 1889 with a
gain of 1S40 per cent. Truck
registrations for 1910 total 576.-
327 units compared to 1856. 7i8
units in 1899
For December, now passenger
car registrations showed a gain
of $3.50 per cent over December.
1889, with a total of 334,073 units
compared 10 246 ,544.
The total for the month also
represents an increase of approx
-mately $500 Units for December
over November, continuing the
steady acknowledgements increase
shown all through the last quar-
ter. The gain is 1888 per cent Tor
December over November.
Truck registrations for Deem
Der totaled 51095 units. repre-
senting an increase of 3640 per
cent over December, 1889, and a
gain of $50 per cent for Deem
Der over November. 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Attitude Praised

The leadership Of the labor
department argues that the
unions have been constructive
In making known 10 employers
the names of eligible employees
In defense industries. IL II
pointed out at the department
that the unions have arranged
the transportation of member
workers from one city to- an
other. and have been helpful In
aiding members to find tenn
pOrary living quarters.
In Mr.. Hillman's setup, there
Is a flying squadron of fact
finders, who are charged with q
responsibility for studying en-
ployer-employe relations In de-
tense industries for the purpose
of detecting early sources Of
dissa tisfaction before they be-
come stratified and threaten .
stoppage of work. There Is .
feeling that when stresses and
strains are uncovered early
they can be dealt with con-
structively before Iii feeling has
been developed.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Detroit Produce

APPLES Michigan bu crates U. s
~; No, /. - inch Baiawins. $50 eoc De
u Zoh 30 Jonathans =. inch. common
ANIsE- Texas half crates. si25: pony
CRATES. si65. California Los Angeles
.ART1cHoKEs-C California boxes. $3.50
AvocADos - California fats Iss-sor.
BEANS Florida bu. hampers Beun,i-
fuls 81 50H3 Bleak Valentines 81 ~ - !.
BETS Texas half crates 3-doz 81 IS
BRUSSELS sPRoUTs-cshfornia half
drums. s.
BROCCOLI - Crates 2s-3o bunche.
ARIZONA; 50 %. cshforma. $50 ais. Texas.
CABBAGE-Los Angeles crates Cat
fornia, 1925 ? 80. Texas. s235a2 65
New York, 5Q-lD sacks. 701 75c.
CARRoTs-Los Angeles crates doz.
punches Arizona and California 50 500 3.
Texas half crates $3.50 i.35
FLowER-Csllfornia pony crates
Virginia 0u. baskets. $50
cELERY-canfornIa half crates 1920
inch; Pascal type 3-3iz doz. 81 20" so
doz., 81. asa q IS; doz., 50 Boa ? 70. 5
cUcUMBERs-Indlsna dollhouse car
ENDIVE-C California Los Angeles crsies
bleached 81 5oa3
CRAP IT-Texaa standard boxes
Marsh Seedless. Si.75D %, Marsh Finks.
GRAPES - California ues Emperors.
50 20 p 2 90
LEAF LETTUCE. Ho,house 1o-lh bas-
kets Michigan. Sig" 10 ONO. 81 -
LETTUCE Los Angeles crates Iceberg
type Arizona IS, 1913 80; California Is.
50 754 %. js SO 3 30.
ON1oNs-50-lh sacks sweet Spanish
L. No ! 3 inch and larefr Coloredu.
lows 10.s0ef inch and far.er. 90 91c
10Th sacks fellows. Toe
ORANGES California standard boxes
Nsvsls. 81 75a325, Florida wirebound
boxes. 81 =" %
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Why They Succeeded

Lately / have been asking
many men who have risen to the
top in business to what they
mainly attribute their success.
Their answers have varied
widely. almost from pole to pole.
The majority. of course. cite
such perennials as hard work,
enthusiasm. ambition.
But two of the comebacks
contain something out OF the
ordinary.
What constituted success yes
terday is one thing; what con-
sututes success today is another
thing. What may constitute sue
cess tomorrow is something else
again.
Here is the word-for-word re-
ply of a still youngish man who,
without wealth or influence, has
risen to the presidency of a ma
tionally-known industrial enter
prise and, moreover, has all
along made it his business to
render an unusual amount of
public. unselfish. patriotic serV-
ice:
"When you talk about sue
cess frankly do not know Just
what that means. Does 1t mean
power or position or money or
happiness, or what?
zone of the most successful
men / ever knew was a trapper
In the Berkshire Mountains. who
built his own log cabin and had
n little farm surrounding II. l
doubt II he ever made over $500
or $500 a year. For years he
had driven into the nearest
library and had read every good
book that was in IL and really
knew what was inside the COW
ers OF each. He had brought up
two fine sons and both of them
worked their way through col
lege. I think this man was not
only happy and contented, but
a success
when I was at the univer-
sity, they wanted me to stay
and take a few more degrees
and. in due time. become a pro-
fessor. 1t offered fascinating
life. chose business because
that is what / wanted to do.
Recently i returned to the uni
versity for my twenty-fifth an
niversary of graduation. i met
some of the men who chose
teaching and research because
that was what they wanted TO
do. Think they. too, have made
n success and have found hap
piness."
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Facing Dilemma

Looking back. we can now sec
that we have long been facing
a dilemma. If we have q short
war, business will have TO meet
a cessation of war demands for
supplies, shipping, munitions. etc.
IL we have a long war, probably
our nation will have to enter
the conflict more or less directly,
In order TO help Great Britain.
which would subject us 10
+war economy.
Either would be bad for busi-
ness.
But we are drifting Tor being
pushed) rapidly toward the sec
ond horn of this dilemma. The
news last week may all be
summed up in that statement.
In other words we are going all
out to save England from an APP
preaching about attack by the
Axis powers. In doing so, we
will probably assure a long war
and a huge demand for war sup
plies. But our production will
he carried on 10 an increasing
extent in war economy"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
bet. Steel
Sees Gains
Continued

Benefiting from the defense
program in larger sales TO the
building industry and sustained
demand from truck manufacturers
for the products of its spring divi-
sion. Detroit Steel Products Com
pany this year should continue the
improvement in its business shown
in 1910.
The company has Just booked
the largest order in its history for
its Holorib Roofing, which is to be
used on the new Alcoa. Tenn.
plant of Aluminium Company of
America. Dollar volume of the
order is not stated. but in area the
roofing is to cover 55 acres Of
plant
The company's Fenestra steel
sash and HolOrib roof deck
divisions have been benefitlng
substantially from other large
industrial construction projects
throughout the country.
Net profit for 1910 is under
stood TO have been approximately
100000 after all charges and
federal income and excess profits
taxes. equal to about $3.50 share.
Considering the higher tax rates
in 1910. this would be a fair gain
over the $616. 362, or S3.1S a share
reported for 1889.
Net sales of both the construc-
ton and automotive divisions last
year totaled somewhat over Sill
100000, up approximately 20 per
cent from the 1899 level
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Doubts Revealed

Thus far. however. business
has been business. II has been
run for profit. and has been
profitable. Now II IL beginning
seriously 10 doubt that this con-
dition will continue. and prOba-
bly, this doubt has something TO
do with the levellng off Of the
activity.
In addition. there are other
angles TO the transition 10
war economy. For example.
there Is evidence of n sOmew hat
reduced pressure OF forward
buying. This results from a re-
duced fear both OF shortages and
of sharp price advances. In most
cases. IL is coming TO be realized
that productive capacity Is ado
quate. and that shipments can
be made a. required.
Thus q system OF voluntary
priorities L. arising according TO
which buyers OF steel. copper,
zinc and the like, cooperate
with sellers by placing orders
only as required.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Farmers Market

APPLES Delicious fancy 81 bu.; No
l. 81 ioa rs bu. Mclntosh. fancy 81 Is
H2 bu No J. $3.50 $50; No 2 75c
81 Northern .spys. fancy, 50 bu. No. J..
81 500 LIS. No ?. 75cuSI bu.. Green
lngs. No l. 75caSl % bu. No ?, 401 soc
bu. wagners fancy, 80 bu.. No J.,
No. q 80 soc hu. Jonathsns. fancy. 81 40
= so bu . No. /. GOO SIPS. No ?, 50
BETS No. |. 4oU soc bu.
CABBAGE-No. l. 500 5c bu No. 2.
4oe: curly. I5n soe bu., red. No. /, 90
cxRRoTs-No. I. zoo Soc bu; No. 2.
cELERY-Fsncy 4Oa SOC doz. och.
No. !. asa 35c. No. ?. i3a20c. root, No.
l. 751 81 bu. cabbage No. l. so a 75e
bu. square. No. l. 1oaN bu. No ?.
= EGGs-Lsree se75p725 go-don case
ENDrvE- French. No. /. $50 s-lb
box No 2 75c@ 81
HORERADIsH No. /. - Iag 3 Is ou.
LEAF LETTUcE-4o. soc s-lb baske,
oNioNs-Dry fancy. Sidl 10 j0-lb.
sacks No l. e0p75e ao-lo. sack. No. ?.
" PARSLEY Root. No I. 5o075c. bu.
PARsNIPs--No. /, So s5c bu. No.
POTATOES Fancy. Sp1.lo bu 80. /.
POULTRY Hens heavy breeds 1on2ic
III iechorns. la l6c. hroilers. heavy. p
u 90 ducks ~ isc. geese. 1AHi1c.
RADIEHES Hothouse. 20 ~ 6oc dor
bchs
RHUBARB -Hothouse. choice. 90 q 25c
s-ib box fancy. 500 Soc. small. >" soc
dor bchs
ROMANO No I. 500 75c M.
RUTABkGAs-N No !. 5og T5c bu
sQUAsH-Tahie Queen. No. J. sjc % 81
bu No 2 soc. Hubbard. No. !. 81 % o
us bu No. q 75c1Si bu
TURNIPS-Fsncy 81 bu-; No. !, 700
soc bu No. q 50 n SOC hui
VEGETABLE oYsTERs-No. I. 50 q 75c
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05

Advance
Indicated

NEW YORK. Feb. 5.-Revenue
freight carloadings in week ended
February ! are estimated to have
gained less than seasonally over
the Immediately preceding week
to around 10000 cars.
However. they were the largest
for any comparable week since the
like 1880 period when the total
was S9S.S'35 cars and comparing
with 1903 in the corresponding
1891 week.
This also would compare with
7l0.752 cars in the previous week,
657 900 in the like 1910 period ard
with 573,l27 in the comparable
1889 week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
u. S. Power Use
Gain Extended

NEW YORK. Feb. 5-Produc-
ton of electricity by electric light
and power industry of the United
States for the week ended Febru-
airy l was 1929, 100000 kilowatt
hours, against 2.541, 35S,000 in the
1910 week. an increase of 11.3 per
cent. according to the Edison Elec-
trio Institute.
Output in the week ended Janu-
airy 25 totaled $4,000 kilo-
watt hours. compared with $685.
9oS, 900 in 1910. an increase of 1913
per cent, and in the week ended
January Is came to 2,S43, 962 900
kilowatt hours. against 2.572.117.-
600 in the 1910 period, an increase
of 10.6 per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
621C Dividend Voted
By Standard Accident

Standard Accident Insurance
Company has declared the quar-
terly dividend of 62h cents per
share, payable March 3 TO common
stockholders Of record February 10.
The Company retired in 1910 all
Of the outstanding preferred stock
and increased its capital and
surplus by the sale Of new common
stock. Operations last year resulted
IN earnings Of Sis per share be-
fore dividends on the 175, 1913 COM
mon shares outstanding as of Dec
81. 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
GIN Truck, Mack
Share Order

NEW YORK. Feb. 5.-Orders
for 269 new buses have been
placed by Public Service Co-ordi-
mated Transport and Public Serv-
ice Inters ate transportation
Company with General Motors
Truck and Coach. a division of
Yellow TRUCK and Coach Manu-
featuring Company, and Mack
International Motor Truck Corpo-
ration.
General Motors will build 229
buses. including 125 oil-electrics;
6S ol-mechanicals and SO gas
mechanicals. Mack International
will build 40 all oil-electrics.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Detroit Edison
Output Still
Heavy

Total output of Detroit Edison
Company for the week ended Feb
ruary l was S5,173,000 kilowatt
hours. a gain of 1913 per cent over
the 7106S.000 kilowatt hours Of
the corresponding week of 1910,
but a decrease of one-half of l per
cent from the previous weeks
total of S5.633.000 kilowatt hours.
Industrial output for last week
totaled al .232, 900 kilowatt hours. a
gain Of 1913 per cent over the 3D.
135. 900 kilowatt hours of the SIM
liar week of 1910. but fractional
decline from the previous weeks
total of Al $4,000 kilowatt hours.
the all-time high for the company.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
KysOr Heater lists
1t-Month Net S98, 759

Kysor Heater Company reports
a net profit of S9S.759. equal to
Sl0s a share. for the II months
ended Nov 30. 1910. Because of
the change in the fiscal year. made
10 more clearly indicate the profit
and taxable income no compari-
son is available. w. A. Kysor.
president. stated.
a small addition to the plant
and additional office space was
built during the year. he said.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Federal Control

This means great extension
Of government control over busi-
ness. Already we see increased
evidence Of this in the gradual
growth of priorities and threats
of price-fixing. AS a result.
profits are threatened, the stock
market seats have fallen TO the
lowest price since 1898 - 43
years!
Now. unless these threats are
withdrawn before long, business
will react too. Business. l repeat,
is run for profit.
Last week. the indexes Of
business activity were mixed
some were up, and some were
down. For the present, activity
is great, and it is likely to re-
main 50.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Steeis, Motors
Pace Uptrend
In Market

NEW YORK, Feb. 5.-The stock
market developed a better tone in
moderately active dealings today.
following yesterdays weakness.
Steels and motors paced the up
swing. United States Steel, Beth
lehem and Chrysler were all up
well over point. while GM
climbed a major fraction. United
States also rose over l.
Westinghouse was exceptionally
strong. extending its fractional
opening gain to pa points.
Lesser improvement appeared in
International Nickel. ATT. Ameri-
can Can. Anaconda, Atchison,
Briggs, Du Pont, General Electric,
New York Ctntral and Pennsyl-
vania.
Allied Chemical was among the
few TO buck the trend. The issue
started unchanged and then slipped
a full point. Coca-Cola eased
slightly.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05

international News Service Economic Commentator

WASHINGTON. Feb. 5. -
Paul V. McNutt. federal secu-
rity administrator, and his staff,
are busily engaged paralleling
the hurried construction of new
industrial plants for the arma-
ment industry with a program
10 induce the states and-the
localities to build sewers and TO
make other Improvements for
improvising comfortable living
conditions nearby for the fam
lilies of the workers.
At the Department of Labor.
II is said that in some boom
communities workers are sleep
ing in shifts in the same beds.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Nodded P astii(s
Plans Expdnsion

DEXTER. Feb. 5.-John G.. Ros-
sitter. general manager OF Michigan
Nodded Plastics. Inc. announced
that directors of the corporation
authorized payment OF dividend
of p cents per share for stock
holders Of record on January IS,
payable February %.
The board also approved and au-
thorlZed The construction of plant
additions and purchase of now
equipment necessary 10 handle the
increased volume of business,
which the company has on con-
tract. including several national
defense contracts for plastics parts
for the United States army. navy
and air corps.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Few Stoppaqes

Suddenly. after a dozen years
of idle economic patter of the
evil of SURPRISES. the nation is
experiencing acute shortages in
places of abnormal industrial
activity in connection with the
program for national defense
and aid to Great Britain and her
Allies.
On the social side, in addition
to seeking to provide housing
and decent living conditions. the
administration is also working
on a plan for broadening the
coverage under the old age
benefits of the Social Security
Act. The proposal is now a.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
WHY'S Earnings
Gain Forecast

TOLEDO. Feb 5. WHY'S
Overland Motors. Inc. which ap-
pears 10 have about broken even
in tho December quarter, proba-
bly, will do as well or better in the
March quarter, according 10 pres
ent indications
Thus the first six months OF the
companys fiscal year, which ends
September 30, may show at least
a nominal profit as compared with
net loss of 1881 ,297 in the like
period of the 1910 fiscal year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Sales Gains Listed
By Kroger Grocery

CINCINNATI Feb. 5.-Kroger
Grocery and Baking Company
sales for the four weeks ended
January p w-re SIG. 927 935. com
pared with SIS pot 966 in the same
period !a>' year an increase OF 81
per cont
SaleS for ihc four weeks ended
December s. last showed an IN
crease NJ IS per cent over the
like 1889 period.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Fourth Gain in Row
For New York Stores

NEW YORK. Feb. 5.-Depart-
mcnt store sales in the New York
area last week increased 7 per
cent over the corresponding week
last year. according to prelimi-
nary survey of the Federal Re-
serve Bank of New York. This
was the fourth consecutive week
to register a sharp gain over last
wear.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Capacity Boosted

Al the same time. capacity 10
produce Is being increased in
several wayS-by some new con-
struction. by using obsolete"
plant and equipment. by better
organization. and by bringing in
AZ "sub-contractors" tho smaller
companies having unused facili-
ties. The last named device is
now coming m for extensive ap-
plicatIon
Last week steel production IN
creased a bit There is less talk
Of shortage Scrap prices eascd q
little further The Go demand
for higher wages secrns likely 10
be kept within bounds. IN short.
the situation in the industry
seems TO be under control.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Extending Gains

At the labor department, ii Is
conceded that union officials
have been using the armament
boom as an occasion for ex-
tending their organization eff
forts in such vital industries as
airplanes. automobiles and steel.
There has been admittedly no
inclination 10 accept the status
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-05
Metal Markets

Neu .Hefs and whhiesais nHnfsrfous
meta quotations supplied by Fedsrafsl
Meas Division. Detroit SPOT % per cent
Tn nominal New York. ~ % fuflre ~
s. -. axe gra1e copper. delivered Md
west. p electToiytic spot. fne'tsr. /. .r
J. so; eaSlnE copper. y Is. ST. Lou.s
lead 5.25 s. Lcg.s zine as New Yotk
antImony. -. virEin Aluminium. y.
Tin quiet. Copper. fnsiters inquiry
rruoh ouietsf. export. - 37s n u 90. 70
sac. ~ -. Lead moderate. zinc SAFES
5 sss tons Anumony ql.et. Pound sief-
nnf 81 o3ss.