davidaulloa/AmericanStories huggingface dataset:
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
TRADES COUNCIL

The Cooperative Trades and Labor
Council met in regular session with
President Karl Brown in the chair.
Twenty-Five delegates were present.
Several letters were read and re-
ceived.
Committee made a report for the
sesqui-centennial urging all affiliated
unions to take an active part in the
program in preparing for the celebra-
ton and also take an active part in
the parade. 1t was also reported that
all labor used in connection with the
celebration will be union labor. The
committee appointed to assist in the
celebration is as follows:
Karl Brown, Machinists; Ray Cald-
well, Molders 68; Charles Elble, Bar
tenders; O. P. Mccormick, Engineers;
Edgar Dulli, Milk Drivers; Joe Spaul-
ding, Carpenters; Ralph Morningstar,
Carpenters; E. c. Smith, BARRIERS; H.
H. Howard, Machinists; Mrs. Willsey
and Mrs. Finfrock, Woman's Union
Label League.
The Labor Day outing committee
made report in connection with the
coming outing at LeSourdsville Lake.
Stanley Ogg, secretary of the coun-
ell, made report of the recent con-
vention Of the Ohio State Federation
of Labor, held at Youngstown, Ohio,
August to s. The report was re-
ceiyed.
Delegates from the Coal Drivers
Union, No. 100, request that the mem
bership Of the local unions insist that
the driver has the union button for
the month the coal is delivered.
Joe Spaulding and Ralph Morning
star were elected to represent the Co
operative Trades and Labor Council
at the statewide building trades con-
ference to be held at Columbus, Sun
day, August II, 1941.
Milton Doll Of the Milk and Ice
Cream Drivers, No. 100, was elected
delegate to the A. F. of l.. convention
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15

a last resort for self-protection.
Moral and ethical standards are
involved in strikes that cannot be dis
solved or submerged by repressive leg
islation outlawing strikes, setting up
compulsory arbitration or even by en-
forcing waiting period for strikes, .
the federation recently pointed out.
1t added:
when we once see that grievances
and industrial injustices cannot be leg
islated out of existence by prohibiting
or deferring strikes, we are ready to
see that extension of the collective
bargaining principle is the initial step
in making strikes unnecessary"
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
NEW BEER-LIQUOR PERMITS

w. L. Hogum, 901 Sixteenth Ave-
nue., Middletown, CO. Transfer, Clara
M. Kieser, 116 South Second Street,
Hamilton, to John R. Thomlyn and J..
E. Mccormick, D-1 ard D-3. Albert
Newman, 27 Main Street, Hamilton,
d.. Transfer, Frank Wolpert, 730
South Second Street, to Second and
Chestnut Street, Hamilton, D-1 and
D-2. Edythe Helton, 1877 South B
Street, Hamilton, D-2.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
THE
-- THE -
CHERRY TREE
Where with eur Little Hatchst we tell
the truth about many things. sometimes
profoundly, sometimes HippsntIy. some
times recklessly.

Suppose for today we give a little
thought to Latin American affairs
What happens in Latin America is
extremely important to every citizen
of the United States-and plenty is
happening.
There has been much change in the
Latin American attitude toward the
United States in the last ten years
and that is why something approach
ing hemisphere solidarity is a fact
today.
But hemisphere solidarity is not
complete. Some Of the nations of
South America find it difficult to make
up their minds. They want to be a
little more certain as to who will win
this war. They want to be with the
winner-or be neutral, because after
the war they must find trade with the
winner
Thus, as a means of filling the gap
pending decision, we find in Brazil
and the Argentine, for example, a
fierce nationalism, which takes the
place of partisanship toward either
side in the war.
The pendulum probably swings to-
ward the democracies, but it hasn't by
any means completed the swing at this
hour. The Rockefeller Committee, by
seeking to swing United States pur-
chasing power into such countries, is
doing much good.
Brazil and the Argentine, to stick
to our examples, live by selling raw
materials. Someone has to buy them
not just today, but on into the pc
riod after the war.
The new Economic Welfare Board,
headed by Vice-President Wallace, is
expected to continue this job and to
enlarge it, probably taking the lead
away from the Rockefeller Committee
as time goes on.
But whatever may be the state of
affairs in some of the nations, of one
there is no doubt. That one is Mexico.
There have been times when some
of our own citizens thought little of
Mexico. But today Mexico is of vital
importance. And Mexico stands there
like rock.
The President of Mexico pledges to
the President of the United States full
and complete support. Mexico goes
with the United States all the way.
And he who does not know what that
means has but to look back to the
nightmare Of 1918.
Today in Avila Camacho, Mexico
has real President
Mexico has risen out of the fog of
distractions which, during previous
years, was generated from the COM
munist tainted intellectualism of Lom-
bardo Toledano.
Toledano is by no means out of the
picture, but he is by all means in
eclipse and his partnership with John
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
DEMOCRATS MAKE
PLANS FOR PICNIC

The Butler County Democratic Cen
tral and Executive Committee will
conduct its eleventh annual picnic at
the Butler County Fairgrounds, Sat-
urday, according to John j. Lenihan,
chairman.
Congressman Greg Holbrock and
Stephen Young will make the prin-
cipal address and a large attendance
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
CONTRIBUTION TO DEFENSE

Everything we can do to make this
a nation of healthier people, every
thing we can do to increase safety, to
broaden justice and opportunity, to
feed the hungry, to care for children,
to make our communities serve the
needs of the American people, will be
a contribution to the civilian defense
of this republic. Florence Kerr,
WPA Assistant commissioner.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
is anticipated, Lenihan said.

Assisting Lenihan in arranging Tor
the picnic are John A. Schwalm, Mrs.
Mary Billingslea, and Dexter EIser,
all of Hamilton, and Henderson Estes,
Harry Dell, and Mrs. Dorothy Merz OF
Middletown, members of the reception
committee; Ed Fink, Charles Schwalm,
Phillip Irwin, and Harry Grevey OF
the dance committee; Peter Pochard,
Lou Whitman, and William Furnier, in
charge of the grounds, and William
J. O'Brien, Middletown; Thomas Feltz,
and Robert Briede, committee on pub
licity.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
OUR MISTAKE

In last weeks issue of the Press, an
article appeared regarding the Bar
tenders Union outing which will be
held next Sunday, August 18th. The
article stated that the outing would
be Saturday, which was incorrect. 1t
is our mistake.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
STRIKES ARE LAST RESORT

The American Federation of Labor
has always emphasized that workers
do not want to strike, that they want
to work and earn and that strikes are
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
FAMED COMEDIAN AT STATE FAIR

The original
Joe j a C k S o n,
outstanding pam
tominist a n d
known through
out the nation
as king of the
Clowns, W i'll
ore S e n t his
w orld famous
act as one of
t h e sequences
in the musical
cavalcade "B y
Dawn's E a r | y
Light, to be
staged nightly
in front of the
grandstand a t
the Ohio State
Fair, Aug. %
to 20.
This n o t e d
comedian comes
to the O h | o
State Fair di-
r e C t fr o m
B r o a d w a y,
where he has
seen convulsing
summer theater
crowds.
"B y Dawn's
= a RI y Light,
which promises
to be the great
est S p e C t a c | e
ever staged out
doors, is being
a r r a n G e d by
w !. w Promo
tions, Inc, with
Howard Tooley,
special e v e n t S
director of the
Y e w Y o r k
Worlds F a i y,
is the producer.
The entire cast
If the Gather
n e Littlefeld
Ballet will be
featured.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15

terpreters of their thoughts. = John
Locke.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15

Issued Weekly at s2s Market Street
Telephone 1896 Hamilton Ohio
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15

to be held in Seattle, Wash, October
6, 1941.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15
WISDOM

The actions Of men are the best in
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1941-08-15

Entered at the Postoffice at Hamilton,
Ohio, as Second Glass Mail Matter.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Observe Anniversary

The air transport industry, post
office department and cities along
the San Francisco-New York air.
way will join February p and %
to commemorate the twentieth an
niversary of the first transconti-
mental day and night flight in
1921. This flight is credited with
furnishing the stimulus for the be-
ginning of great air network.
Featured in the observance will
be Capt. Jack Knight. hero of the
first flight who. with the aid of
farmers bonfres. covered the en-
tire night portion of the journey
between North Platte and Chi
cago. Six other pilots flew day.
light sections of the trip. knight
will retrace the same route on the
anniversary but this time in a
modern sleeper plane instead of
the single-engined open cockpit job
of yeSteryedr.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Increasing Funds

The most companies which
have attained eminence In their
field are too wise to curtail sales
efforts just because of the war
boom was brought out at the
last annual convention of the
Association of National Adver-
tiSers.
President Paul B. West re-
ported that a pool established
that Sc per cent of the members
planned to increase their adver-
Using expenditures this year,
that 38 per cent would spend ap-
proximately the same amount as
in 1910, leaving only 6 per cent
that felt safe in retrenching
their business-getting efforts.
This column has just received
an encouraging statement made
b Chairman Henry w. Roden
of the Association of National
Advertisers.
A survey. he reports, discloses
that advertising appropriations
in 1941. especially those for
newspapers, will be increased
between Is and 20 per cent.
Companies. able legitimately
to put more money into advertis-
ing appropriations and thereby
leave less against which taxes
must be paid, will in many cases
advertise now against a future
when the financial situation may
be healthier"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Stock Market
Mixed, Quiet;
Chrys|er Eases

NEW YORK. Feb. 21.-Thc
stock market was a mixed affair
today. following yesterdays up
turn of l to nearly 3 points. The
Far Eastern crisis proved the pre-
dominant restraining influence.
There were a few blocks early.
including 1000 General Electric
and 1000 Atchison, but trading in
general was quiet First hour vol
ume Appropriated $4,000 shares.
Allied in the chemicals spurted
] to l46 as International Nickel.
Westinghouse, Standard Oil of
New Jersey and Sears added small
fractions.
Chrysler fell y in the auto Sec
ton. General Motors was steady
along with Nash-Kelvinator and
Packard eased II.
United States Steel and Bethle-
hem were down and Youngstown
Sheet and Tube up slightly in the
steel shares.
Aviation shares were firm, but
rails were inclined to slip. Utili-
ties were uneven.
CHICAGO. Feb. 21.-INS)-
Wheat opened unchanged to Nc
lower today. corn Is TO &c off and
oats &c off.
WHEAT-May. S1d81 &c; July,
ISIS a 76c; Sept. 76d 76hc.
CORN - May. SOS q61c; July.
60ssc: Sept. 59Ac.
OATS-May, 35@35hc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Auto
Dollar Retail Volume
OF New Cars Second
Highest in History

Dollar retail volume OF new
passenger car registrations in
1910 was the second highest in
history. S3,0l2 ,060. 600 This was
exceeded only by 1929 when
So. 257. 744. 900 in new cars was
sold, according to Automotive
News.
The 1910 dollar volume was
one-third greater than in 1889
while the actual unit volume
was about % per cent. This
shows a. trend toward higher
priced cars, further emphasized
by the fact that 81.S per cent of
the buyers were in the under
$1,000 price class against 1913
per cent in 1889. The number
of purchasers in the $1,000 to
81 500 class almost doubled but
the over 1880 class showed a
slight decrease.
Production for the week con-
tinued at a high level again.
factories in the United States
and Canada turning out approx
mately 122 500 cars and trucks
for the week ending February %.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Farmers Market

APPLEs-Delicious. fancy. 50 bu.: No.
l, Sl.4oH1 LIS: Greetings, No. l. 75c n
fancy 81 .oG No. 50 bu tO No. Soc soe IS
No. 2, 50H 75c; SHOWS. No. /. s0c q l.25
hu. No. ?. so n soc: Northern Spys. fancy.
81 bu.; No. /. 81 80 rs; No. ?. 75c n 81 !;
-9l.5o: No. 2. 75cg 81. wagners. No. i.
CELERY CABBAGE - No. /. si2sa
= fRs sS Ne SN6 & s'a sI 30 !. $50 s.o
BEETs-No. /. sou s5c bu
cABBAGE-No !. STA IS bu.; No. 2.
s3p 75c; Curly cabbage. No. |. asa soc
cARRoTs-No. I. s5qs5c bu; No. 2,
CELERY seUAREs-No /. s5can.lo;
CELERY Fancy. ioGt,, dor. punches:
No. 1, asa 35c; No. 2. zoe; Root. No. /.
: HORSE r: ,RA ! Isl /, s2.sOa' Su.
dEEKs.No. !. 4oa soc dozen punches,
sack ,p No J. s sooT' No q 4oa soc.
POrAroES-Fancy. sidI.l0 bu. No I.
T5r e0c: No. 2, ~ n SOC
RADIsHEs - Hothouse. so q soc dozen
punches
RHUBARR-H dollhouse. fancy. 40 T4oc s.
10. box; choice. 2oa25e, small. 500 soc
dozen punches
RUTABkGAS--No. 1. 500 75c bu.
SQUASH Hubbard. No. /, s1.25al75
bu.; No. 2. 75cMsl
TURNlPs-Fancy. s1a1.25; No. 1. sou
VEGETABLE oYsTERs-No. /. 500 7,c
dozen punches.
POULTRY-Hens. live heavy breeds 20
q 22c 10: leghorns. IA l6c: broilers.
heavy. ala 23c To-. leghorn. l4u lie; ducks.
Is n lsc geese. 14n l1c.
HOGS-Dressed. 13T l5c ID
EGGS Large $6.50d7 3o-doz. case /:
medium. S5.75T6.25.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
SOLEMN THOUGHT

One solemn thought that
steals Ger me is this: Who
would pay for the game If every
body we're a player?
/ This leads 10 a consideration
)of his point that our great
handicap today is the fear of
losing the savings Of the past.
He says that none but the weak
need fear the future; and that
the "wiping out of savings is
only bad for the weak people
Now il can be told! The
strong by violence are to take
the savings of the weak. That
is the new way of life in the
real world Of violence.
My thought at this point Is.
first. that maybe the weak are
the ones who have no savings,
and thus their violence is just
gangsterdom ~ a-ganging-up by
the weak. Second. when the
savings Of the past" are gone,
then what?
And does the professor of
business imagine that the world
can get along without saving?
II the professor seeks 10 head
a "putsch" of comrades to seize
my savings and yours. he must
expect counter-Violence.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Detroit Produce

APPLEs-Mchigan bu crates U. 9. No.
ga inch minimum Delicious, 150:
Bald wins. fair quality and condition, soc:
Mcintosh. so; fair quality. SI.25: spys,
~; 80 !. so. starks. an inch. minimum.
igcb m,,, to fair quality 81; sutton'. az
AvocADoEs " California fats 1es- 300.
sl,So q 80 fair quality. 81. 25ai4o.
AsPARAGUs California pyramid
loose medium size, IS.
BEANs-Florida bu. hampers Black VAL
entines; 81. rs n 4. 50: poor. low as 81.
BROCCOLI - Pony crates 80 punches,
Arizona; s3l5; California. s2.7592.s5:
CABBAGE = California Los Angeles
crates. $2.65n2.75; Texas Los Angeles
crates. 81: 50d2.7 rs; half crates. $50.
cARRoTs.Los Angeles crates. 8 doz.
fair quality. s2a2.25; doz.. S3a3.I5;
on best, fair quality, 81. 5on2.73.
cAULIFLQWER-Pony crates I2s and
cELERY-Florida IS inch crates trimmed
tops: washed, do.;. s3a35o; g do..
$3n IS; doz.. t3n rs; los, 81. 50M 2. IS:
few. s3.2o; xxs, s2.50q3; fair quality,
ENDIvE-Los Angeles crates California
..s and dor, s2.75aa; few wen bleached.
EsCARoLE-Texss bu.. $3.50
LETTUCE-Los Angeles crates Iceberg
type. arizona Yuma : doz.. s2.25n2 80:
81: California Imperial Valley. I do1..
So 25d2 40: few, 81 5od $50: dor. 81. IS
~ so: very few, s265q2.7s; poorer low
LEAF -Hothouse, 10Th. bas-
kets. Michigan. s5m s0c.
oNIoNs-5o-ib sacks. u. s. No. I. 3.
inch and larger, Sweet Spanish, Colorado.
s1.35ai.5o; Idaho. $40: Michigan yell
lows, 5o-eoF Pinch and larger. 500 Zoe;
7os Pinch and larger. Use: whites. sos
pinch and larger. S1.15G1.25.
ORANGES-california standard boxes.
navels, s2.75a3: Florida wire bound boxes.
/ 50. so.
PEAs-caBfornia Blu baskets. s2.25@
ABS bu hampers. s2.I5@2.25; Mexico bu
hampers. S2-25; Texas bu hampers. $40
4 a2.15.
PEPPERs-iH bu crates. California
large size. SO. 50d BIS; Mexico. s4dt25.
PoTATOES-10o-ib sacks. U. s. No. 1.
Idaho Russets. S1.75ml.s5. mostly 81. 50
n1.s5; unwashed. S1.70; Ne. 2. $500
10 sacks. various varieties. $1,000 l. so; Is.
/ Id sacks, 20 q 24c; Nebraska 100-lb sacks,
washed. Tri., y. S. No. /, 81 500 1. SIS;
50-ib sacks. csc a 81; Michigan 100-lb sacks,
Rural Russets. l.I0u1.l5: Cobblers. 81. 20
I m1.25; Green Mountains. $3.50; 15-ib
sacks. FL u "a 22c: Florida bu crates, washed
/ Trf.. si.50qi.75
/ Michigan. dollhouse. sob
cases choice, si.75a2.so; fancy. s2.75o
RUTABAGAs = Canada 5o-lb sacks,
waxed, $50 Toe.
sHALLoTs-Louisisna barrels, 20 dos,
punched $40
I sPINAcH-Texas bu baskets, savoy, 10
/ q 90c: fiat type, s0H s5e.
SWEET POTAToES-Bu crates. Texas,
U. s. No. 1, Puerto Riesns. 81. eo92; No.
p. si.f5u so: Oklahoma bu baskets. Jer-
sey type. Sis: Arkansas bu crates Porto
Ricans, fair quality. si.5oai.60.
TOMATOES - Repacks. 10-lb cartons.
N.259l.35.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Offer Test Facilities

To relieve engine factory pro-
duction lines of a portion of
their work. the United Air Lines
has offered national defense Off
Gals the overhaul shops and
engine mechanics at Cheyenne
for handling test runs on as
sembled twin-row Wasp engines.
Uniteds offer includes use of its
engine staff and test stand in
stallations. which can handle
both green and final test runs
on Pratt e. Whitney engines
thus leaving the other test
stands available for military
production.
Pratt & Whitney is said to be
ready TO sanction this arrange
ment. subject to the approval of
the defense priorities and pro-
duction officials in Washington.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
VIOLENCE Is GOOD

But the young professor knows
how 10 fix that He goes on 10
assert a. that violence is good,
and t2) that we should get into
the game Says he. Violence
IS probably normal, healthy
lsic) and useful TO the human
race" One Of lis glories is that
violence makes a world in which
ILLUSION and bluff will not sur
we"
This is indeed strong meat.
Coming from the peaceful shades
OF Cambridge. 1t seems almost
overpowering.
But when II comes 10 painting
violence as the purger Of bluff
and illusion. he Is plainly in
error. Have you ever seen more
bluff than appears in Herr Hit
ler's world of violence?
In arguing that we should
Join in the violence of the times,
the professor attacks the spec
tator complex We should not
sit in the grandstand. but all of
us should get down and play
football.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Yellow Truck Profit
Nearly Doubled in 40

Yellow Truck and Coach Manu-
featuring Company and its SUBJ
salaries for the year ended De-
cember 81 reports preliminary net
profit of S5,813.976 after federal
income taxes and provisions of
81, 78,547 for excess profits taxes,
equal after dividend requirements
on 143,980 shares of Z per cent
preferred TO S1.60 a share on the
combined 2. 1875. 1856 shares of Class
B and 100000 common shares.
This compares with S3.276,474
or rs cents a share on 2,199. 985
shares of Class B and 500. 900 COM
mon shares in 1889.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Forbes
Sales Force
Chiefs Won't
Relax Efforts
BY b. c. FORBES

Two clearly divided periods
face us: The era of limitless
government expenditures during
which we may or may not be-
come actually involved in war;
second. the return of peace and
shut down on governmental
spending.
Common sense tells us that we
should not become so engrossed
in today that we give no thought
to tomorrow.
Yet too many business execu-
tives. especially of secondary
rank. are so carried away by the
feverish activity of the moment
that they are in no mood to look
ahead. plan ahead.
tbs inevitable that many
companies, flooded with war
orders. will be unable to fill
promptly all the needs of their
regular customers, particularly
customers who also have been
called upon to fill war contracts.
The attitude of second-rate,
subordinate executives is:
Lets concentrate on doing
the ample business that Is COM
ing to us. Let's not bother
about the unpredictable future.
War spending is likely to last
for years. Here's a wonderful
opportunity for us to reduce
drasticaffy our sales force and to
slash, II not stop, our advertis-
ing. This will save us q lot of
money"
Shortsighted. Shortsighted.
Shortsighted.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Snyder Tool Co.
Earns S132,612

Snyder Tool and Engineering
Company for the year 1910 reports
a net profit of $l32,612 on net
sales of $1,463. 466. This profit is
after provision of Sl25, 900 for fed
eral income and excess-prof.'s
taxes, equivalent to SO cents per
share on the 10000 shares Of
common stock outstanding
Comparative figures for 1889 in
dictate net sales of 1854 .288 and a
net profit of Sl4,696, equal to 10
cents per common share.
Directors declared the regular
quarterly dividend of 10 cents per
share, payable March 81 to stock
of record March 10.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Shows Relation

But this is where the relation
of the gold program TO the
spend-lend bill comes in.
With Great Britain fighting
valiantly for its life against the
Axis hoodlums. there was a dis
inclination since the outbreak of
the war in September, 1899, to
face this gold question solely on
its economic merits.
, For the sophisticated have I'M
derstood that. in buying goods
primarily from the British asso-
ciated' nations of South Africa
and Canada. we were in effect
giving the British interests a
concealed subsidy and were at
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
10 Brokers
Decrease 5 Millions

WASHINGTON, Feb. 2i.-
Loans TO brokers and dealers in
the week ended February 10
totaled S282. 100000. down 5000. =
600 from the previous week and
a decrease of Sl90.000.O00 from
the like week year ago.
Other loans for the purpose of
purchasing or carrying securities
amounted to SIG, 100000, up ST.
600, 900.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
Nail Fibres Boosts
Net 10 S1.33 a Share

National Automotitve Fibres.
Inc. and its subsidiaries for the
year ended December 81 reports a
net profit of $500. 408. equal after
preferred dividend requirements to
S1.33 share on 512,874 shares of
common. against SSH .203 or S1.13
share on 502,874 shares OF COM
mon in 1889.
The company declared a divi.
dend of IS cents on the common,
payable April Is to stock of record
March 25. The same amount was
paid January Is.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-02-21
u. S. Sole Buyer

Economists have long since
recognized the futility of the
American policy since 1884 of
raising the purchase price for
gold from S20.67 an ounce To-
S35 an ounce. AS a result of
thus arbitrarily raising the
price. this country has become
the sole buyer of the precious
metal.
Meantime, this policy has
twice confused the hitherto mai
distribution of gold, and has
made it difficult for other ma
tons, depleted of the metal, to