davidaulloa/AmericanStories huggingface dataset:
Telegraf. [volume] (Baltimore, Md.) 1909-1951, 1941-02-07

iIlOCOP1 O0O. LIZ oO1AOO1N CdJ.
Anna Soul, 9O4 N. Bradford
St., 1cet. Marie Troch, AT N.
Collington Ave-, pokl. M. vi
TEX, vybercf: 1. M. Kolb, 2. M.
Svec, domovnice M. Lenoch.
SBORY SOKOLSKE:
Sokolska Jednota "Blesk"
odbyva sch1ze 2 patek v mesf-
ci v $3.50 hod. vecer v Sokolov-
ne. Jos. Bilek, starosta, 1926
Cottage Av., Alois Stock, mi
s~tostarosta, 1905 Northern
Parkway, Jarka Mares, tai.
5000 Mayfield Az, Broadway
1918, E. Kliment, pokl., 900
N. Bradford ST., Ed. stetka, u
cetnik, 2010 Ashland Av., Ed.
Cosgrove, nacelnfk, 1920 Ken
yon Ave-, JOS. Pokorny, vide
lavatel,A A. Taborsky, knihovnlk
Sprawl vybor Sokolovny scha-
ri Sc kazdou prvnf stredu v me-
sfci. Pravidelne cviceni kazde
pondeli a patek pocfnaje v 6.
hodin vecer. Prihlasky k cvi-
cent prijima v case vyucovanf
naceln1k.
Baltimorska Jednota Sokolic
odbyva sve schGze prvni utery
V mes1ci, 8. hodin vecer Soko-
lovne, rob Gay a Preston ulic.
Starostka S. stetka, namestka
R. Legro, nacelnice M. Micha-
lex, tai. A. Radek, 300 Ken
yon Ave, 1cet. F. Belbot, 425
N. Castle St., pokl. O. Martf-
mex. Ucetn1 vybor: N. Karpen-
ko, M. Michalek, B. Otcenasek.
Do Patronatu: V. Kilian, M.
Pokorny. Do Mar. Sdruzenf: N.
Karpenko. Do Sdruz. Csl. Spoil
XII: B. Patrick.
Telocvicna Jednota "Sokol"
Curtis Bay odbyva mesfcni
schdzi poslednf ctvrtek v mesi-
ci V Sokolovne, 1927 Cherry ST..
v 8 hodin vecer. FIR. Blahut,
starosta, 1431 Cherry St., FIR
Hajek, namestek, 1929 Penn
ington Ave-, K. Krejcfk, tai,
Matthew Ave-, Brooklyn, Md,
Josefa Kuska, 1cetnf, Josefa
Hrabak, pokl. Julie soustek,
1cet. zab. vyboru. FIR. Hajek,
nacelnlk, FIR. Blahut, mi. pod
naceln1k. Cvicf sc kazde Ute
~ cd 6 hodin.. Edy stetka, cvi-
citel. Do Sdruzenych Spolkd:
Johanna Svitak a Jos. Hrabak.
Telocvicny a Podporujfcf
Spolek Katolickych SokolI a
Sokolic sv. Vita c1slo 8. Kat.
Jed. Sokol, odbyva schnze v 8
hodin vecer vzdy l pondelf pc
Is v mes1ci We spolkove mist
nosti v Kat. Budove, Madison
Duncan ul. Kaplan Vldp.
Josef Stepanek, C. SIS. R.,
pfeds. A. Bourek, mistopreds.
F. Miksajn, fin. taj.-pokl. F. J.
Chyba, prot. tai. V. Dvorak,
GIT N. Castle ST., vyberci FIR.
Polanka, nacelnik V. Smutny,
pod-nacelnfk John Vojik,
Sokolice :-Preds. D. Komin,
tai. E. Bright, pokl. M. Hisley,
dopisovatelka B. Pinkas, cvici-
telka A. Snyder. Cvicf sc v Ute
a v patek cd 7 do IL Sokolo-
We a We stfedu cd 7 do 10 Soko-
Pirhlasky sc pfijimaji pri
cviceni v Kat. Budove.
Sbor Delnickeho Amer. So
kola porada schGze kazdy 2.
v Delnickem Dome, Ma
olson a Rose I'll. Predseda A.
906 N. Madeira ST.,
tai. J. Koutnfk, I'll N. Glover
st., ucet. F. Steiner, TIP N. Clio
YER ST., pokl. V. Prochazka,
313 N. KenwOOd Avnnun
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Chase Cuts Cash

The biggest of them a. the
Chase National. has cut its per-
centage OF cash during the last
year from fully AZ 10 less than
81. Meanwhile, however. il has
absorbed many additional mil
lions OF government bonds. the
percentage rising from below 30
TO 81. But ii has made ex-
banded loans and discounts from
less than 1S TO fully 20 per cent.
Americas next largest bank.
the National City, has drastically
reduced its cash holdings-from
As per cent a year ago TO not
quite 30 per cent. While il has
succeeded in finding a larger
volume of loans and discounts,
IL has led in accumulation OF
government obligations, swelling
its total from &c to SO per cent.
The Guaranty trust. While IN
creasing its governments by z
per cent, has succeeded i'm pull
ing down its cash from 43h to
35 per cent and also has made
Roadway in lending and dis
counting.
The nations 5000 banks are
still carrying almost twice as
large reserves as required by
law, an excess of s., go, 900 900
idle money.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Koerber Heads
Grand Valley

IONA, Mich. July Q. - The
board of directors of the Grand
Valley Brewing Company elected
Clarence j. koerber president of
the company for the coming year.
Other officers elected are William
g. koerber. vice president: Karl
II. Behringer. treasurer. and Ray
mond NJ. Shock. secretary.
Directors elected by the stock
holders for the ensuing year are
Clarence j. Koerber, president OF
the company; William G.. koerber
president of the koerber Brewing
Company of Toledo: Karl III. Behr-
niger. secretary and treasurer of
the Vincent Steel Process Com
pany; William c.. kaltz of Kelsey
Hayes wheel Company: Fred
keister of the Ionia News. and
Raymond NJ. Shock. attorney.
President Koerber reported to
stockholders that for the first four
months of 1871 business had IN
creased more than 55 per cent
over last year. and that with a
gradual increase. dividends will be
resumed within short while. as
the company has been making a
profit each month during this year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Forbes
When Is a Bank
Not a Bank7' Poses
Timely Problem
~. N ~ InDnEC
BY II. e. FORBES

Our banks used 10 be. above
everything else. lending institu-
tons. Not so today.
They have become, preponder-
atingly. cold storage for cash
and reservoirs into which United
States Government debts are
pumped and pumped and
pumped.
II is not healthy. prosperity
producing condition. II reflects
tragic diminution in America S
old-time spirit OF enterprise.
daring, risk-taking. expansion.
Washington's attitude and ac-
lions have. OF course, been
chiefly responsible.
Newspaper headlines la c ly
have recorded increases in bank
loans, decreases in idle bank
funds.
But our banking facts and
figures still are sadly far from
satisfactory.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
New Chevrolet School

The Detroit Athletic Club viii
be campus, classroom and DOR
mitory for q members Of the
Chevrolet wholesale organiza-
ton during the next two weeks,
with the opening OF the Gradu-
ate School of Specialization for
City Managers, it was an
nounced by William Z. HoIler,
general sales manager. The
school will nun until July Is.
The graduate school will Of
fer a four-part curriculum. IN
Guiding business management,
public speaking. service and me-
chanical courses, and the study
OF truck merchandising.
Instructors for the various
courses are w. f. Fish, manager
of the commercial car depart
ment: Ed Hedner. national al.
rector of service; II. r. Crawford,
manager Of the business man.
agement and territory security
department, and +. r. Hayes,
manager Of the retail sales pro-
motion department.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Farmers Market

APPLES Delicious. fancy. 81 rs bu.
No. l, sLooGi.75; Northern Spy, fancy. 81
steele Red. fancy. rs bu. No. I, sI.7sa
$50, No. ?. Use: upper case transparents.
No. l. Sin125 bu. No. 2. 65 u 75c. Red
bird. No. /. si.25di. IS bu
81 asa 80; wax fancy. s2G2a5; No. l.
|sI925MI75: horsebeans, No. I. 81. 90 q IL rs.
VEGETABLE GREENS Romano. 4o9
soc: escaroIe, No 4, 40n soc bu.; endive,
n soc bu Swiss -chsrd. 356 soc bu. kaie
40 q SOC bu, mustard. 30 40c bu.; turnips,
No. l. 30h40e bu spinach. No. !. ssh
soc: leaf lettuce. No. 1. 800 3oc bu.; col
HEAD LETTUCE-No. 4. soe6S.2;
AsPkRAGUs-Fsnc si.1oa1as do.er
punches: No. 1, 65as5c; No. 2. 900 SOC.
BEETs-No. 1, 300 40c dozen punches
cKBBAGE=No. 7. uaIzs bu.: No. !,
IT5c, red. No. I. 81 Soh7; red No. 2. 81 rs
cUCUMBERs-No. 1. s2.5oua.73 bu.
HRoCCoLI-No. I. sI.so@2.
CARRoTsLNo: !, asa soc dog: punches.
CAuLIFLowEK-No. !, $4,000 bu.
No 1, 25Ts5c; No. z, i5c.
cELERYITsney. sossse ao.. ouneh.,
No. ], 500 4oc: No. 2, 70c.
CHERRIEs-swees. fancy. IS; No. 1
t3a3.so: No. 2, sI.oc 1s-qusrt case; sour
f's swEE 70 ooR Ns 30 sldo..n ..es
cURRANTs-No. !. x3@3So z4-quar
crate.
DILr~-lor soc dozen punches.
| EGGs-Large. slog 10. SO 3o-dozen case
medium. ssns.5o.
CoosEBERRIEs--No. 4, 81 .5o6y 74-at
crate.
HUcKLEBERRIEs-No. =. Sa3us.7!
KOHL Rssi-Nc. +. soa s s5e dor. seh..
-LEEKS=Nn--1--zsc xl-daxAa-e aaeAe@
ONIONS--,;reen. No. 1, IS q soc dozer
punches; dry onions, No. I. sf.7sg2.2 2!
sack.
PkRsLEy-4oa SOC dozen punches.
PARSLEY ROOT--No. 7. s505N bu.
PEAs-Fancy. 81 bushel: No. 4, 81 asa
POTATOES-New. No. 1. SL351f.S
bu.; No. 2. s5meoc bu.; No. 1. 75a eos
bu.: No. ?. <5d50c
PoULTRY-Hens. live. heavy breeds. u
n 22c H.: ieghorns. Ied zoe; broilers
heavy, ~ d z4c 10. leghorns 20 n 22c ID
RADIsHES-Red. No. Y. SodS5c dorer
punches; No. 2. use; long white. No. 1.
80 ~ Sc dozen punches
RAsPBERRIEs-Bisck fancy. 81 Is ~.
red, No. I. s5d5.50; No. ?. $3.50
RHuBARB-outdoor.N No. 1. rs q 35c doz.
punches.
RUTABAGAs-No. T. 500 7sc.
sQUASH-Sumner. No l. sSTssr Y
bu Ne. 2. SOC: Italian. No. I, 75cayf rs
peck basket
ToMAToEs-ou,door, No. I. si2saI.Sc
rURNIPs-No. 4, asa SOC dor. punches:
VEGETABLE oYsTERs-No. ]. SOC o 81
dozen punches.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Henderson Already Toned Down

Already the Roosevelt price fixing
beginning down The flock defense orders
therefore than brief
sagging n defense volume
notably OF late with drygoods
The orders future
delivery.
beginning feel the full of defense
spending Consumer buying broadening though still
Taed rrgerato furniture Factory rolls and
high farm prices have been spending Now the
them
Accordingly fxers
predicted
prices will continue upward The of sensitive commodity
which caused Henderson,
threats brought rebellion farm interests which spells the
o any ealp
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
When Not?
"When Is a bank not a bank ?"

''When IL a bank not a bank 2"
writes one reader located in a
very large city. He forwards a
local banks figures which show
that rs per cent of its total
resources consists of cash and
government obligations. Of total
resources approXimating $780,
100000, only S100,000,000 has
been employed in loans and dis
counts.
New York's Is largest banks
record that fully IS per cent of
their aggregate resources con-
sists OF cash, and upwards of 81
per cent of United States Gov
ernments. while loans and dis
counts fall slightly under 1871
per cent.
One of the city's five largest
institutions, Central Hanover,
has elected TO keep more than
so per cent of its resources in
cold cash.
1t has lent and discounted far
less than any of the other big
five" under IA Der cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Mich. Bell
Issues
Stock

George NJ. Welch, president OF
the Michigan Bell Telephone Com
pany, announced today that the
company's board of directors has
authorized the issuance Of another
s.. 000,0 900 in common stock.
The stock Is the second block
of $5,000.000 each issued by the
company since the Michigan Public
Service Commission last December
authorized a S15,000,0O0 increase
in the company's capital stock
structure. The previous 5000, 600
was issued on Dec. 81, 1910.
The stock is issued in connection
with financing the company's plant
additions, estimated to total more
THAN SIG, 200, 900 for the current
year, largely due to the national
defense program and accompany
ling industrial upswing, WEIGH
said. The conpany's authorized
Ecapital stock is now $50, 900. 900
of which $145, 100000 has beer
issued.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Detroit Produce

APPLES-Illinois bushel baskets u A.
No. ]. 2-in, and up, Yellow Transparents
cANrALoUpEs--salm Meats: An.
roma, Phoenix district Jumbo crates Sos
S3.e0n4: jumbo ASS. <4.f5d425: standard
45s. So rs; Yuma district. jumbo 27s. So 2s
n 3. IS; Jumbo 3ss. S3.7s: California. I'm.
pertal Valley. jumbo crates 3ss, 1850
$50: Jumbo ass. Sf0d4is
HoNEfBfLfS-Jufnb crates jas. u. rs
jumbo ass, 81: standard SIS, 81 so.
HONEYDEWs-Californ jumbo crates
Ks, 81. rs; standard crates es. 81 736 IS
standard l2s 81 so 100: Arizona jumbo
SIS and S.. si.75; standard ~ and LIS
CARROTS Los Angeles crates s-doz
punched: California, s2p 2.6o; Arizona
fair condition. 81 so Oils
cAULIFLowER-w ton pony
crates lbs and larger. si.9o
CELERy-Michigan highbaII crates, z;
u Poe. dor stalks. IS q 4Oc
CUCUMBERS-Nothing offered.
LETTUCE-Los Angeles crates, rceberr
type: California Salinas 5-doz. $3.50
rs. mostly Ad4.25. fair quality 50. 30 u
3.75; 4-doz.. 81. fair quality SO. 50m375.
PEACHES-Georgls. half bushel has
kets, u. 8. No. 1. Hieys. y I'm. up. fzil
TO generally good condition. 400 Sc. most Is
soc: j lin. minimum. fair To generally
good condition, so 75c. mostly 700 75e
few Z. 3. No. l extras. Sf01.03: 2-in
minimum. fair 90 generally good condition
IS "a 7Se: Hale Hsvens. u. s. No 1, gin
minimums 81 q Is. Golden Jubilees, u. q
No. 1. ~ in. minimum. 75c; - lin. mini
mum. ascot 81: 2-in. minimum. s1nllo
Fairs Beauty, u. 4. No. 4. iN-in. and
\ in. minimum, 70G s5c: Arkansas, hall
bushel baskets. u. =. No. 1. Fairs Beauty
generally good condition. Ia TO 2-tn
minimum. 75n SIC: busbel baskets. u. &
no. /. Fairs Beauty. x in. minimum
fair condition. $40 i.25: II. IN. minimum
fair condition. 81 IS "a 80; Illinois bnshe
baskets. y. 8. No. .. Red Birds, - IN.
minimum. 81; 2-in. minimum. S1.25 n 40
POTATOES-New stock: 100 10 sacks
Alabama u. g No. I washed Triumphs
81. $50 2. 80; California ". s. No. 4 washed
Long Whites. s.. $50 80, mostly 81, 80 %
AS U. 3. commercial washed Lcrs
ton, 81 asa |. 80; Idaho ". s. No.
washed Triumphs - 73n 2.3S: North Caro-
lima virginia and Eastern Shore virgins
y. 8. No. 1 unvashed Cobblers. 81 IS %
2 10. mostly ti-s01z; Missouri. Kansas
generally good quality washed Cobbiers
sl.esa1:S; Y: s. No. I unwssbed Cobb
sr r,; 81 ,s 50. iTS = s. o., 10 unv ,co re-
saeks U. s. No. washed Idaho Russei
Burbsnks, 81. 500 go.
TOMATOES IN. cartons repscks q
y s5c; rrpacked Tugs. 81 j0n Ohio Hot.
house, s-lb., baskets urdfum size IS = esr
small size. 500 eSc original tugs. Texss
q. g. No. green. ripe. turning wrapped
sre and larger. 81 80, lev high ~ Nsa
wATERhELoNs--Flor Georgia. pei
melon, Tom Wstsons. rs tbs.. 351t5c 81
ms. so . s5c Cuban Queens. 20 ibs 20 o
2oc: 20 his 2ST tOc: - lbs.. coz t5c -
lns eos soc. Esriy kansas 30 lbs. sc
Long Grsys. Is ibs., 500 5Sc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Ways of Boosting
Production Listed
tIaney
BY LEWIS HANEY


Although plants working at
Apparently
plant
machinery and labor
period by reducing the percentage
In
machines running without increasing The hours worked
laborer.
Another way is eliminate
preventing either lack of skilled
Sometime
port difficulties.
In feVc has This however TO
drouh restricted hydro
fell
outlook somewhat relieving shortage
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
ChrysIer Leads in Gains

According to figures published
by Automotive News, registra-
tons OF Chrysler cars in thu
first five months OF 1871 showed
the largest percentage Of gain
among the 10 leading makes.
These figures are not quite conn
-plete- for the five months, but
those from the states not re-
ported are extremely UNLIKELY to
change the standings.
In these five months, Chrysler
showed a unit gain IN regiSfrA.
tons of 81 per cent. This per-
centage was exceeded by only
one manufacturer of relatively
limited production.
These figures do not include
cars delivered to the United
States government
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Emphasized Realities in Novel Way

A. w Ramsde vice president of the Borden Company, en-
phased the realities novel terms OF the specific facts
concerning
individual empoye' he disclosed earned
which paid tn stockholders
working the
empoye corporation contributed 81
= Now, lets
what the empoye for the 9s day he
individual prontsby something for them to do
plant them work In, machinery for
typewriter desks
trucks and at last hut least supply Of
operation investment empoye
nted tn 4
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Worker Can Buy
Into Corporations
M. S. Rukeyser
BY MERRYLE STANLEY RUKEYsEB
I.tI News servics Economic Csmmestster

Soapboxers political capital of fact that
adsys corporate longer the tools
with which they work
Warren president of the Brotherhood of Loco
Engineers took different and used inform working
that they would exercise thrift they could peaceaby take
through the the bulk of corporate ownership
AS a already extent
trend the wenties T.
Harvard economist described the he
revolution in the United States"
plans whereby their employees could buy shares convenient
Oil
purchase those who agreed retain
the least five years.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Stock Market
Rises Third
Day in Row


NEW YORK, July 9.-The stock
market made il three in a row on
the current upward surge. lifting
prices TO new peaks since last
January.
Woolworth turned weak late in
the forenoon on the smaller divi-
dend payment voted by directors.
The sudden influx OF selling tum-
bled the stock almost 2 points
under last nights closing level,
after IL had advanced a fraction
in early dealings.
New 1871 highs were reached
by Standard Oil OF New Jersey,
Texas Corporation, Anaconda, Ken
necott, Union Carbid Johns
Manville and Goodrich. the last
two each gaining more than a
point.
United States Smelling jumped
2 points, while Coca-Cola ran up
almost 3. United States Rubber,
Montgomery Ward, Du Pont, Allied
Chemical. Fajardo and s GU I h
Puerto Rico Sugar were among the
stocks 10 advance point or more.
Lesser gains were chalked up by
United States Steel. Bethlehem,
General Motors, Chrysler, Amer
lean Smelling. Westinghouse, Sears
Roebuck. United Aircraft, New
York Central. Pennsylvania and
Consolidated Edison.
CHICAGO, July 9.-GNS)-|
Wheat opened &C lower today,
corn unchanged and oats TN
changed to &c of
WiEAT-July. S1.06ls q l.O6& :;
September SLOTS GSl07%; De
cember S1.O87s G$l.09.
CORN September 761zco
76Nc; December. 49,. a 79c.
OATS-New- September 3Sssc,
December 39bcq40c; old, July
38cQ 3Shc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Safety Boys on Trip

Twenty-Five safety patrol boys
of the Hamtramck and parochial
schools are en- route to Wash
ington today after a sendon BY
the Dodge division of Chrysier
Corporation, which has spon-
sored the Washington tour an-
nually for the past seven yearx.
The boys were started on their
journey yesterday with q lunch
con at the plant. After the
luncheon, the Zouaves drill
team. organized by Sergt Neil
Newman of the Hamtr1mck po-
lice department, put on q dem-
onstration for the Dodge
executives which left them gasp
ing, winding up with the scaling
OF a 12-foot wall.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Concentrate on Essential Products

essential products
labor and enterprise from uneential activities This
radios
and
certainty 10 prices and
required might help
profits motive Perhaps Of and generally recognized
we'll
however and
government a well yield 10 that fact.
people OF this do not realize that
in tho
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
.Armlo Attains New
Production Peak

MIDDLETOWN. o.. July g
American Rolling Mill Company
broke its previous open hearth
monthly production record in June
by 1853 tons. The Blooming bar
and strip mill also topped the pre-
vious record by 500 tons, and the
cold strip mill department set a
new speed record at five feet per
minute. l.. r. Reinartz, Middle
town division manager. attributed
records to efforts of ARMCO en-
ployeS to speed up output in the
Interest OF national defense.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09

production IN
defense ma
terials " III
como tho nat
ural decrease
In materials
used In autos.
And WITH tho
trans fer Of
man p o " Q r
added - de-
creased auto
material out
put, the A.
swer 10 SIM
pie - fewer
cars IN tho
future"
Fv=n
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Sales Of 5. 5. Kresge
Advance 4.8 Per Cent

s. 6. Kresge Company sales for
June totalcd 1904, SIS. compared
with Sl2,425. 269 for June, 1910. a
gain OF as per cent. Sales for
the six months were S74.6S6. OBS,
against S68, 1850 for the like
1910 period. an increase OF ST
per cent. MAY sales showed an
increase OF 14.2 per cent over
May, 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
81 Million June Sales
by Montgomery Ward

CHICAGO. July 9.-June sales
of Montgomery Ward & Co. totaled
$50, 81. 545, compared with S43,-
l04.3l6 for June, 1910. an increase
Of 227 per cent. May sales showed
an increase of 3l.5 per cent over
MAY. 1910. Sales for the five
months were S249, 7Si. $40. against
S204 .237, 36l for the like 1910
Iperiod. an increase OF 22.3 per
Icent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
The Situation in Different Light

a light empoye
tools the his
amounting to payment
to Inc stoc q investment amounts to
the empoe to provide his capital
requirements bust
and his 8S cents
back II the sockholders
I'm to
cent? reasonable rate
interest for an
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
pITTSBi RICH


New York and wholesale nonferrou,
metal quotations supplied by Federste,
Metals Division. Detroit Spot. ~ per rrrr
tin. nominal New York. 81: future tin
50 %, lake grade copper. delivered Mid
west IL: electroytic spot. smelter, II q
- so; casting COPPER. 1928: St Lout
lead. $40: St Louis zinc " IS; New Tori
anthony. II; virgin aluminium. II.
Tin quiet Copper ana lead active. Zin,
sales. f.o7f tons: zinc shipments 5 ~,
tons. Export eSpper. II; resale. nominal
II so. Free sterling exchange, f4.03a.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
G. R. Olson Named

c. r. Olson. former vice
chairman and general manager
of the Eleven State AREA COM
mittee. has been appointed A.
. sistant TO John Bridge, vice
president and general manager
of the Interstate Motor Freight
System, il was announced today.
Olson has had is years Of
railroad experience with c. B.
& Q. and c. NJ. & st. Paul,
five years in motor car and air
craft construction experience
and IL years in the motor car
rier field as general manager Of
the keeshin Lines.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09

statement of facts indicates that
there will be no sudden c,Irtail-
ment, no arbitrary ban on auto
production, but instead it will be
a gradual changeover from pas
senger cars to defense. Maferi-
ais and men will be shifted over
as needed and to fit into the
maximum defense effort. No
sudden death to automobiles"
and then let defense catch up to
the idle men and materials.
Which is all the industry
wants.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09

The net OF all this is that our
bankers should barge them
selves. with the responsibility of
exercising unprecedented efforts
TO find productive outlets for
their staggering volume of I'M
employed funds. Admittedly. the
problem bristles with difficulties,
dangers, risks.
Yet, unless they can devise
sound methods of lending on a
much larger scale. they cannot
hope to retain their former vital
place I'm our economy. but must
expect still more drastic inroads
into the field of banking by our
ambitious, power-thirsty govern
rnent.
COpyrirhf h~
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
\
knudsen Leaves
On Note of Cheer
To Auto Industry

Big Bill Knudsen has ended
his two-day inspection trip Of
Detroit defense industries. heart
ened by the progress he saw.
But he left the auto industry
much heartened, too. by his brief
comments on its future pros
poets.
"Some restrictions will be
placed on auto productton," he
stated. with the increase On
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Stoddsrd Appointed

FENTON. July @ - Robert r
Stoddard today had been APP.
pointed TO serve Fenton Township
on the county board of super
visors. He fills the vacancy
created by the death of Ray l..
Parker.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
New York Store Sales
REGISTER Wide Gain

NEW YORK. July depart
ment store sales in New York and
Brooklyn last week increased 29
per cent over the like period last
year. according TO the Federal Re-
serve Bank Of New York. one of
the widest weekly gains over q
year ago in many months.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-07-09
Retarded by Price Uncertainties

notably rearding the
stopped
and selling of cotton goods.
viii il doubtful the
all the billions unless prices higher
the spending
May and there is talk about Tagging defense effort This
hardly What needed
allowed
profits Incidentally higher prices would