The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-04
Behind the
Ticker
Is, LOUIS VI. SCHNEIDER

NfN tokk lHdlftflal fNegu-
tiYes saw they stand ready 20 CO.
operate fall time with President
Roosevelt II making a. necessary
sacrifices. but they insist that
labor must assume it. shsre 81
the sacrifices required 70 put the
nation on war-footing basis.
Ia Dor IS firm In is demand that
the Ford Motor Co and other com
panies working on defense con-
tracts become unionized or that
they be refused government con-
tracts.
Force: As previously reported
here - and government officials
viii confirm the statement manu-
facturers active on defense con-
tracts aren't clearing tn. huge
profits that labor would have The
public believe. But labor insists
they do. The situation is causing
concern in Washington.
Here's news behind the news:
Industriahsts are seriously consid-
ering saying TO the government. in
the event of heavier labor de-
mAnds. We cannot operate profit
ably because Of labors attitude
Take over the arms plants and we
Will give you technical aid In oper-
aung them"
Labor will fight tooth and nail
10 prevent such a step. Why
President Roosevelt has definitely
said that workers must not strike
against the government. Labor
fears the loss Of his friendship.
But industriahsts will force the
issue IL labor does not show an
inclination 10 cooperate.
Must Buy: A military expert
says American warplanes are in
ferior 10 those Of European make
because the engines are not so
powerful as those Of the British
and Germans. and the planes are
undermined.
The only reason Great Britain
continues buying is because volume
is Of the utmost necessity now.
War Orders: The national de-
Tense commission officially reports
that all of the $4,000 900 900 in
defense appropriations has been
placed and is broken down as fol-
lows
Ships, SO BOG. 900 900; factory ex-
pansion and housing, $1,000 600
900; sirplanes. engines and parts
81 500 900 600 munitions. $500
900 900; guns of various types.
$500 GOO. 900: tanks and trucks.
$500 600 600 Balance in clothing
chemicals and other war neces-
stiles.
Coupled with British contracts,
American manufacturers are work.
ing on the following war orders
so, 900 wsrplanes. 100 600 sirplane
engines; $4,000 artillery guns Of
various types; $4,000 600 oaded
artillery shells, 300 tanks, 400
600 automatic rifles and shells.
SOC. 900 regular rifles and shells,
300. 900 machine guns and shells.
$50 warships of various types, 200
freighters. 10000 trucks, clothing
for 100000 men. powder plants. a
huge machine gun factory. huge
tank factory and other accessories.
Reports Are That: Baldwin Lo-
comotives order backlog at turn
of year totaled 1888 474 .s56: huge
portion ornaments Nash KEEL
vinator's idle Milwaukee and Ra-
cine plants 10 be used for defense
production California Picking
should benefit from increased de
mand for packed and canned foods
Bath Iron Works has large
trade following; company builds
wsrships
Owens Illinois Glass 1910 net
about SAT a share after taxes
Spiegel. Inc. 10 maintain lucent
quarterly dividend rate; estimates
say so cents q share earned last
year Allis-Chslmers 1910 net
estimated At S2.75 share: taxes
restricted profits L. 6. Indus
trial Alcohol doing well on incress-
ed demand Lorillaro's 1910 net
placed at close 10 $3.50 a share
after taxes -.
Willys-Overland preferred stock
has trading following because Of
dividend arrearages National
Acmes shipments running al a
monthly average og 81 600 600 .
For greater trading appeal there $
switching from Nioleta Sugar into
smaller lots Of Commercial Sol
vents And that air transport
lines report dip IN passenger vol
,t.,..4 s.4fAs