The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-08
TRADE
WINDS"
Nv sCINKIDER

NEW fOhn-Mrs. Franklin ID.
Roosevelt, say long grange political
representations OF the business
world. made a statement that can
readily be accepted as a tipoff that
President Roosevelt will make a
try for a fourth term.
Mrs. Roosevelt said normal bust
ness, normal living and normal
play are out Of order today because
OF the war emergency, and that the
emergency will not end when war
ceases in Europe because destruc-
ton done by war must be repaired.
President Roosevelt was swept
into office due To the 1892 emer-
gency. He came through the same
way in 1885. II was a war emer-
gency that held him for third
term in 1910. Why. 1t is asked.
can't European rehabilitation
emergency pull him through again
in 1s44?
REPLACEMENT-While Russo
Nazi collaboration was in force the
unbending behavior OF Ambassador
Oumansky in Washington anita
gonized too many Americans and
British with whom he must now
deal. Military people are now in
control at the Soviet embassy. Mr..
Oumansky 10 expected to be re-
placed.
ACT1ON-IF! - Price Admins
traitor Leon Henderson says the
cost Of living has advanced s per
cent since war started. Others say
the figure is higher. Whatever il /
Is, the increase is a hidden tax on |
the pay envelopes of wage earners.
IL wages are again increased. the |
cost of living will again advance.
Thus the spiral initiation with no
end in sight. What cure? The
Bookings Institution of Washing |
ton says the government must re-
verse its policies on wages and
agricultural prices. But the White |
House will not act IL the people |
do not demand such action.
MUST WAIT-rhomas p. Henry.
president Of the American Auto
mobile association. anxious 10 pre-
vent skyrocketing of gasoline
prices at the expense OF motorists,
demands OF Price Administrators
Henderson that he get after re-
tailers who ask prices as much as
\ cent a gallon over those he
set. But Mr.. Henderson cannot do
thing legally until congress legis-
iates him power. Until then gas
retailers are on their own as to
cooperation or war-profiteering.
ToYs-Ldttle Mary and Johnny
will not feel the oPM priority
rulings this Christmas. Most toy
manufacturers had sufficient met
al supplies on hand TO fill this
years holiday bookings. Prices.
however, will be slightly higher to
offset boosted labor costs and
taxes.
REPORTS ARE THAT-Heyden
Chemical management planning to
split shares s.. Mueller Brass
operating near capacity levels;
held for yield >. I.ong-range earn
ings estimate: Goodyear Tire TO
show $3.50 or better for I94l
Consolidated Aircraft favorite Of
traders active in war-hahy issues
About rs per cent OF Stand |
ard OIL Of CALIFORNIA; sales domes- |
tic; balance exported Libby |
owens-Ford Glass pushing "other |
glass" sales TO offset loss Of auto /
industry volume because Of cur
tailment Ferro Enamel le4i /
net will best S2.4o earned in 1887
:. 4. Switching reported. for yield. |
from S. II. Kress preferred into
common.
Dow Chemical now earning on
its waste" of magnesium i
Traders active in rail issues like
Lehigh Valley prospects Per-
feet Circles current operations at
record levels Southern Rail |
way preferred has large trading
following: common avoided i
Oliver Farm Equipment 1871 net
will best 1910 net of s2.56 even
on high taxes Recent selling
Of New York Central traced 10
those who bought directly from
British: roads earnings at best
levels in years Long pull po-
sitions in White Motors remain
unchanged :. Atchison's redemp-
ton Of more than SIS zoo, 900 in
bonds out Of treasury cash reveals
management buihsh OF earnings
prospects,