davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-08-08

6-unit apt. close in. seldom a vacancy,
ct d price that will show approximately y
24T gross annual returns: responsible
party can acquire on reasonable terms
HOME REALTY CO, 906 10th st. NV
Evening star., 1941-08-08

I4th st. vicinity Price. 10000 cash
payment Of $4,000 will handle. Call d.
pont 3oS5 after d pm
Evening star., 1941-08-08
TOWN HOUSE. $4,000.

Near Conn. ave. and r 81. NV large
bedrooms, > baths. new. ar-condltlonsc
oil heat, several freplaces.. insulated VIII
be sold quickly. BOSS & PHELPS. NA-
ooO0
Evening star., 1941-08-08
BETHESDA. MD.-S7. $50.

This house is in excellent condition and
with fireplace Lot $50 feet front. bsautl-
fully Handicapped Fruit and shade tree.
grape arbors Truly a bargain. BOSS &
pIJET PS Ma n30O
Evening star., 1941-08-08
29OO BLOCK 39th ST. NV.
3-STORY HOUSE,

BETWEEN GARFIELD AND CATHEDRAL.
3 rooms. > baths, recreation room, auto
matte heat. garage. Price, S14 600. Dis
ric O-o4. eVenfnpS Emerson q5Sl.
Evening star., 1941-08-08
FLATS FOR RENT.
APARTMENT HOUSES FOR SALE

1905 18th ST. Nw-5 RMS. KIT BATH
small porch good condition: new heating
Evening star., 1941-08-08

COUNTRY CLUB GROVE,
VA.-S10,975.
Near Washington Golf and Country Club.
beautiful white brick Cape Cod house
nestled under towering oak. unusual large
living and dining rooms and 3 bedrooms
that will accommodate twin beds modern
kitchen, recreation room, maids room,
built-in ssrase and shaded porch: direct
bus transportation downtown. Owner leav-
ing city. For details, call Mr.. MCKINNEY,
Temple 1855.
FRANK S. PHILLIPS, DI. 1411.
Evening star., 1941-08-08
COUNTRY CLUB

Section OF Virginia; brand-new brick, cen
recreation rm with fireplace, garage,
porch; very large wooded lot; cony, terms.
For appoint. to inspect CH. 143e, until
Evening star., 1941-08-08
MUST BE SOLD NOW,

New brick bungalow, 5 rms, bath. fire.
place. attic. basement. nice lot: near bus;
q beauty.
Evening star., 1941-08-08
FINEST BUY TO-DAY.
383o MASS AVE. NV.

blocks from National Cathedral. Builder
and owner will sell home OF 5 bedrooms
az baths maids room and bath, large
recreation room, den of living room. spa
cious dining room and kitchen, center
hall plan: 2-car garage. Price, S21.5nn.
Will consider smaller house in trade.
phnns III n.IA nr eNes MO 0A2o
Evening star., 1941-08-08
COIORED.

1205-612 PL. NV.
4-room brick, convenient TO stores and
transportation $50 monthly. FEDERAL
FINANCE CO., 915 New York ave. NV.
.4J6
Evening star., 1941-08-08
ROOMS UkFURkISHED.
SUBURBAN ROOMS.

ALEX. VA, Delray-Large, cool. nicely
furn. double front room. next bath; l blk.
bus: ress.: men Alex. 4414
ARLINGTON, Country Club Grove-At-
tractiye, small single room, for gentleman;
in private home. CHI. 4195
COOL master bedroom. private shower in
beautifully furnished private home; unlim.
phone. WI. 1888.
SILVER SPRING-Choice- of double or
master bedroom, twin beds, pvt. bath; pvt.
home a410 Colesville rd. SH. 4671-J.
ENTIRE 2nd FLOOR, 3 ROOMS, HALL
and bath, to employed couple, day care for
child. Warfeld 1898.
ARLINGTON. VA.-Large front room, twin
beds; gentlemen only; rear Govt. buildings.
Glebe OLA
Evening star., 1941-08-08

rms. bath, h.-wh.. cleo; nr. Navy
Yard; redecorated; S47 80.
GEORGE /. BORGER,
643 Ind Ave NV National 0350.
COLORED. s23 c ST. sE-5 LARGE
BRIGHT rooms, bath, h.-w.h., electricity;
$40 so. OWNER CO 2615.
Evening star., 1941-08-08
NOW AVAILABLE.

-Four corner houses only New addluor
Chillum district. 4 rooms. solid brio
houses under construction. Price. IS $50
down payment. $3.50. Call Dupont BPS.
after & p m.
Evening star., 1941-08-08

1914 18th ST. NW.-Beautifully furnished
and redecorated single room with running
water in 18th St mansion
Evening star., 1941-08-08
OWNER SAYS SELL,
ARLINGTON

II you want to buy an exceptional To-
room, rooming house or home close DOWN
own call Mr. CARRIER at RE. 1887.
Evening star., 1941-08-08
PRE-SHOWING.
1656 ROXANNA RD. NV.

ROCK CREEK PARK ESTATES
New Colonial center-hau brick nom
fronting Rock Creek Park; den and 1stf
layatory. large living rm, dining rnn moo
ern KIT. 3 large bedrooms, . b., hnish'
attic and spacious recreation room n
Evening star., 1941-08-08

MODERN APARTMENT. / 4th AND CHAPLIN
sts. n.w.-Forced to sel, close estate;
$4,000, terms arranged; $4,000 cash re-
uuired; $1,000 year rentals. inspection
invited. Box 251-L, Star
Evening star., 1941-08-08
OWNER TRANSFERRED.
$3.50.

A truly lovely brick detached home in
the northwest, of unusual type Automatic
roof. porch, fireplace, Venetian blinds
throughout; kitchen fully equipped and
modern: attached garage; lot 65xls5 IT
with forest trees; paved street, near
bus Terms to responsible buyer Shown
by appointment only. Phone MR.. LANE.
Wisconsin $3.50, or National 0s56 for de-
tat
Evening star., 1941-08-08

S65-NICELY FURN., 6 RMS, ALL MOD
nut $780,
Evening star., 1941-08-08

FIvE-ROOM BRICK, 2-SToRY, OIL
AIR IR-CONDrTIONED, AUTO WAT Err
HEATER, TILE BATH: IMMEDIATE POS
DONAHUE, N. c. HINES 81 SONS, CHI.
Evening star., 1941-08-08
ROOMS WITH BOARD WANTED
COUNTRY BOARD WANTED.
APARTMENTS FURNISHED.

WANTED PERMANENT HOME in nearby
Nd or Va. for elderly lady in good
health: S35 per mo Box Am, Star.
Evening star., 1941-08-08

MT. PLEASANT. 1924 Kilbourne pl. NV
Vacant AUG. Is. New furniture, twin beds,
2nd A., adj. bath: young ladies or couple
desiring quiet. Conv. cars Sl6 each
Evening star., 1941-08-08

22O4 QUE ST. N.w-Doubles. singles;
able Phone Hobart go,
Evening star., 1941-08-08

1347 JEFFERSON ST. N.W.-Very de-
sirable. detached private home; conv. car
and bus. Gentleman preferred. GE. ssss
CHI. CHI. NEAR CR.-Large. airy room,
porch and spacious grounds; moderate.
Evening star., 1941-08-08
ROOMS FURNISHED.
(Continued.)

RDOvA, Apt. 31O-Attractive,
m for young man. Next to bath.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Sancti+y Of Contract

In an important and far-reach-
ing labor decision. the New York
Court Of Appeals last week ruled
that employees who have made a
labor contract with their employ
ers may not. while that contract
IL In force. choose another union
as their representative in order 70
repudiate that contract.
The case involved the Triboro
Coach Corporation and AFL and
Go transport unions. a contract
was signed for three years with
the AF'L on Nov. IA. 1899 with a
majority Of workers voting. but
three days later AZ n labor board
election, majority voted to
affiliate with the Go.
The court ruled that while the
labor board may certify the new
union as bargaining agent IN
future dealings, there Is nothing
in this right IN select new bar
gaining agent which would impair
the sanctity Of obligations Of the
existing contract
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Federal Motor
Profit S77,6S7

Federal Motor Truck Company
reports for six months ended June
30, net profit OF S77,6S7 after
taxes, depreciation, interest. etc,
equal TO 16 cents n share on 49l.-
SAB shares OF capital stock. The
company stated il has no current
liability for federal income taxes
due 10 offsetting losses in prior
years.
This compares with net loss Of
S127,637 in first half Of 1910.
Operations only in May and
June became profitable, or rep
resentative of what the company
can do" according 10 officials
Prior TO that time management
was occupied with reorganization
problems and with a six weeks
strike.
Shipments OF the first half OF
this year were S3.6OS, 296 against
81, 1888, 089 in the first half of last
year and $1,000, 900 in all Of 1910
Backlog as OF June 30 exceeded
5000 600, a large part of which
represented army orders.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Detroit Produce

APPLES Michigan. nj. baskets. Ouch.
ess, L. s., No /, q, in. min, 81; bu
crts Duchess generally good quality
cANTALoUPEs- Salmon Meats Car.
forna. Jumbo crates. as. S335f35O:
Jumbo crates. 3ss, 50 soqti Jumbo crates.
t5s. Sft5
CARROTS California. T.. A. crates, a.
ioz. punches, 81 sO02 poorer. so.
CELERY--M Michigan aat crates, Tsc
punches. l-doz stalks 25a 3ne
HoNEYpEWs Arizona, Standard crates,
%. 81 SIS 12s 9GN2
LETTUCE california l.. A. crate.
Iceberg type, Salinas section, S-doz mostly
81 Few 81 rs poorer, 50 IS; 4-doz. best,
ONIONS s0-lb. SACKS. washington
Spanish type large size. y. s No. !,
81 35Hi.45 Michigan Yellows ". 8 No
90 ~ 2-in. and larger 75G CSC. 50-6Og
gin and larger. s. " 75c. poorer low as
SOC; Kansas Whites, Y. $ No. !. S225
bertas. Y. s No l. 2-in min, mostly
81 15dt25; few fire quality and condition
N.fo some showing ripe. 81 tx in. MIN.
mostly s. in min. soe Isl Hsl..
Few hne quality hiEh a. 81 20. 2-in. min
81 25G so. poorer 81 Caroilna. hu has
kets. Elnertas, I. S No. /. 2.in. min
PEARS 49, California. boxes. Bartlett,
i35s-isos, s2.5oa3; showing ripe, 81 so
~.
PEAS Colorado. hu baskets 81 snG
s.; California. HI. baskets. 81 50 dis5
PLJMS California 4.baske' crates nu.
artes. 81 50r2 50, Santa Rosas, Si.75a
= 40
POTATOES 10n N sacks: California.
washed Long Whites r. s. No l. 50 IS,
J. s. Commercial 81 7562 Idaho ard
OREGON. washed Long Whites 4 s. No I
- y ? 25. Triumphs hest 81 81 poorer
81 So p I IS, Nebraska, washed Triumphs
.t s. No 81 40. Virginia unwashsd
.Cohhlers T. s. No. Si1Sdi7s. Mis-.
souri, and kansas. unWashed Cohhlers fair
quality and condition. best. s5c 70 81, Mich
ssan Cohhers unwashed u s. No
81 30d t.35
WATFRNELONS -- Per melon. Georgia
Cuban Greens. p IT ms. 30 3sc. % ne
~ = 30 1ac - ihs 37i - lOc. 90-32 lbs
F5n soc; Cannonhails 20 his 2012Sc. -
lhsA 35n 17hc. % Ihs f0u &c: Missouri.
Lees Grays, ~ rs, Csc "a los 35uf2c
90 lbs soc
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03

NEW YORK. Aug. Copper Industry
90 still without any formal notice OF 100 per
cent priorties under complete government
supervision" is gearing it's facilities 50 as
10 be ready when the order finally emerges
from the OPM
Because the new regulations are sx-
pected 10 be retroactive 20 August l. what
ever business has been transacted will
apply against future ALLEGATIONS 10 be made
by defense officials. As result consider
able care Is being exercised by producers
since the start Of the month In making new
commitments Even 80 n - possible some
business might have been contracted upon
which shipment may have 10 be deferred
due 70 defense ratings.
Today's activity in the main consisted in
clearing up routine affairs. Prices for cop
per remained unchanged At IA cents a
pound delivered. Connecticut VAney quoted
by large primary producers and ~ l2L
cents a pound named by custom smelters
and smaller producers.
Export copper was quiet a. II cents a
pound. 4 a. =. New York
Lead and zinc were firm ~ SIS cents 20
; 90 cents pound, New York, and 20
cents pound ST. Louis. for the former
and 7.25 cents a pound, East 81. Louis. for
the latter metal
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
AII-Time High
Ore Shipments Top May
Mark by 100000 Tons

CHICAGO. Aug. Iron ore
shipments last month established
a new all-time monthly peak ex-
ceeding by more than 300 900 tons
The previous peak recorded in May
when shipments totaled 1l,0Sl, l99
tons
Shipments of iron ore down the
lakes from upper United States
and Canadian lake ports during
July amounted 10 1890. 4SS tons,
as compared with 1879 900 tons
month ago and with 10.433 ,4SS
tons a year ago. according 10 Lake
Superior Iron Ore Association.
For the season 10 date. ore ship
ments totaled 40.216.408 tons. a
gain ~ Is per cent over 27.702 liz
tons in the corresponding period
of last year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Syndicate Buys
Royal Oak Bonds

A syndicate headed by II. V.
Sattley- and Company, Inc, has
purchased 100000 school district
OF the City of Royal Oak, series
AA-2 refunding bonds at par plus
a total premium Of S204. Bonds
due 1913 through 1919 and $40, 900
due 1850 will bear interest at the
rate Of 3 per cent; $4,000 due
1850 and bonds due 1851 through
1858 will bear interest at the rate
of 21a per cent per annum. Ave-
rage interest cost 10 the school dis
trict is 26237 per cent The bonds
were re-offered 10 yield l per cent
TO $50 per cent.
Other members of the syndicate
are Grouse e. Co, Hood Truettner
a. Thisted, Mcdonald, Moore a.
Hayes. all of Detroit. and RYAN.
Sutherland & Co, Of Toledo.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Banks
brokers
Business
BY WARD SCHULTZ
FINANCIAL EDITOR

While the officers of those OF
Detroits banks which failed in
1889 admittedly made marW errors
of judgement in the golden rwen-
ties, they also took the blame for
failures which were largely due 10
a worldwide economic collapse.
Perhaps in no other single in
stance have they won more COM
plete vindication than in their
handling of the much criticized
Catholic church loans.
You'll recall that the $40 900, 900
In notes and mortgages of various
Roman Catholic parishes in and
around Detroit received consider
able blame in the original closing
and on the formation of the Ma
tional Bank of Detroit. II was
openly stated they were worthless.
Actually this misconception re.
suited from the fact that they
could not be purchased by the new
bank due 10 a clause in The then
existing national banking laws.
Largest creditor of the Catholic
churches was y. {. Schram, re-
ceiver OF the First National Bank
and in February of this year he
held $4.566,600 Of their notes and
mortgages, $4,000 900 having al
ready been repaid or refinanced,
When at that time through the
efforts of Archbishop Mooney and
Monsignor Hickey, all debts Of the
archdiocese were consolidated into
two types Of notes, Schram ac-
cepted 81, 100000 in new long term
notes in payment OF the debt
Local banks. with the assistance
Of two out of town institutions
took the 5000 900 worth OF short
term notes and $500, 900 remain
ing OF long term notes were taken
BY insurance firms.
These two types Of notes carried
substantially lower rate Of in
terest than the originals. despite
the derogatory stories circulated
about the loans in the middle
thirtles.
At the same time he accepted
the new notes, Schram expressed
confidence that he would be able
TO dispose Of them IN the near
future. He was right, for when
the insurance firms which partici-
pated in the loan reviewed the
situation only three months later.
FIVE expressed interest in their
purchase.
Last week. the two insurance
companies making the first firm
offers were given the right 10 plr-
chase them AT par and accrued
interest and subsequently made
final payment TO Schrsm.
And 10 the writer. a non
Catholic by the way, that looks
like vindication. not only for the
bankers who made the original
loans but for the archdiocese as
we'll.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03

There's been lot Of hullabaloo
about forcing the auto industry 10
cut down production but COM
paratively little has been said
about the industry's voluntary
contribution 10 the conservation
ri strategic metals.
Now OpM reveals that sub
stantial reductions In the per unit
use Of aluminium. tungsten and
nickel are scheduled for the next
model year Copper and lead
have been substituted in most
cases.
Here II the consumption ~
metals per 1000 units OF cars and
trucks in hounds:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03

four preceding sessions. While the
majority of leaders showed modest
Improvement, several representa-
tive issues continued easier.
Trading was active in the first
hour when best prices were
reached, but the pace slowed later.
Gain I to 2 Points
Rayon shares scored gains run
ming TO 2 points in Industrial
Rayon at one time. Celanese, Bur-
lington Mills and Rayonier com
mon and preferred each advanced
a point. Silk hosiery mill issues,
were under pressure.
Van Raalte dropped a point.
Nickel Plate common and pre-
ferred, both at 1941 tops. stood out
in the rail group. New York Cen
trail and Southern Pacific each
opened on blocks OF $500 shares.
Lockheed. Paramount and Twen-
tieth Century-Fox were active fea-
lures on a move TO new highs for
the year. International Telephone
was turned over on blocks running
TO 5000 shares.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Booking tho War

Brokers given 20 complaining
about the lack of business could
well take a page from the book
OF their British brethren who
now spend considerable time
booking bets on the end OF the
war.
Two weeks ago they started
IN by accepting bets on the
chances 81 an AXIS defeat IN
I94l and the odds were 10 TO /
against such an eyentuality.
Last week the odds slumped
70 10 ! and with the firner
Russian stand. latest report was
z 70 I odds, indicating that some
Britishers think they have a
33la per cent chance Of beating
tho Axis this year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Honey Concern Here
Elects New President

NJ. 6. Zia has been elected pres
ident of Michigan Honey Associa-
ton. Inc, IL was announced Sat-
urday. Roscoe c. Springsten. who
was assistant secretary, has been
named secretary. and William T.
Harms was elected treasurer.
These officers comprise the COM
pany's board OF directors.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Livestock Markets
PTTTsBu RON

PfTTsRUrGH. Aus7 -USs)-cATTLy
Receipts. 10. market steady Steers
choice sii pdi1. medium 20 good. $40 81
uii common, 50 Snfin so. h,ifsrs me
dunn ~ good, 81 SOdp.2s: common So
IS. COWS medium 20 good. 50 $50 IS
Gamers and cutters 500 81: bulls. gooC
TO choice sens3o: common 10 medium
So 50 assn
HOGS Receipts 100: market steady
lsO-isn his, Sill .S0dii $50 22n lbs
sli s51i2 ago. $50 his. 81 snai7: $50
900 ms. silmlI SO: ioo.iso lbs $40 so .
II Is. rough. 50 75Ta rs.
SHEEP Market steady: choice lambs
tin zST1l. medium IN good seain. com
mon lambs. s7us. ewes. 500 wsthers
81 SnI4s0
CALVES -n.esipts. 50: msrk., steady
rood 20 choice sl7fi3: medium. $40 50 q
II 50, culls and common. So S01s
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
R-K-O Extends Stock Offer

NEW YORK, Aug. 2. - Radio
Keith-Orpheum Corporation has
extended until the close of business
on August Il its offer 10 purchase
the outstanding minority interest
in the common stock OF Keith
Albee-Orpheum Corporation at S.
per share. The offer was 10 have
expired July 81.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Bits From Business

Stylists may eliminate double,
breasted suits. at government
request, In order 10 effect saw
ing In material Air
lines, which year ago were
fighting for business. have dis
continued non-strateeic routes
and are refusing special trips.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
.Auto-Lite Co. Boosts
Net 10 Sob a Share

EDO, Aug. Electric
Auto-Lite Company for the six
months ended June 30 reports net
profit of S3,S64.777 after federal
income and excess profits taxes
totaling S3.S17.047, etc. The above
net is equal to 1923 share
This compares with S2,743. PSI or
50 % a share in first half Of 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
CHICAGO

CHICAGO. Aug 2-GNS HOGS Re
repts. ? 200 market. steady: hoisovsrs
none top 81 80; bulk. tii all 30. hesv
iss. 10000 ~ ia' mediums si1dil 50
lights Sin.ssdli sn light lights rio 80 ~
II 25 packing sowr 50 5Od 10 50. pigs
50 10 2 10 2a
CATTLE Receipts. 1no: market. s'esdv
ralves 900. steady. beef steers choice
Si2 u -; medium, Ss.50di2 yearlings 81
Hl2. butcher cattle heifers IS 500 II Is
COWS. S723fa. bulls. s. 50d10. calves
- Hi3; feeders, tsG12. stoekers steers
$50 ~ 50: cows and hefers xsslf
SHEEP - Receipts, 3. 500: market, s'sady
lambs, I'LL all so; common 50 50Iil
yearlings IS 251e IS. ewes, 81 5od475
feeders, sa.5odio.75.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
City Auto Stamping
Earnings S5O1,410

TOLEDO. Aug. 2. City Auto
Stamping Company and subsidi-
aries report for the II months
ended June 30 a net profit of
S5Ol.410 after provision OF S2s3.-
SD for federal income and excess
profits taxes, equal to $1.34 a com
mon share.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03

Bethlehem was independently
weak. losing more than a point Al
its low. Chrysler also was under
pressure.
Elsewhere. with few exceptions
stocks were unchanged 10 a shade
higher.
Rail securities were In moderate
demand in the bond market.
The curb market developed a
steadier tone with rayon shares
the performance on the
big board. Tubize Chatillon com
mon ran UP more than point.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Remington Rand
To Retire Debenfures

NEW YORK, Aug. 2.-Reming-
ton Rand Inc. has called for re-
demption on September /, its out
standing 20-year "A per cent de-
bentures, due March /, 1856, at par
and accrued interest, plus a pre-
MUM OF per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Nation Store Sales
III Per Cent Over 40

NEW YORK, Aug. 2.-The fed
eral reserve board estimated de-
partment store sales in the week
ended July 20 were u per cent
higher than last year. New York
district sales were up "a per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Gas Company Reports
Profit Of S2,486,42O

Michigan Consolidated Gas Com
pany reports for the II months
ended June 30 a net profit of
81 4S6, APO as compared with
50 5S9,331 In the previous u
months period
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Scientific Tool

A commission for the state
Of New Hampshire. the bureau
OF business research OF the Uni
versity of Illinois. and a private
research project have advanced
bookkeeping as scientific tool
for economic Interpretation. lis
usefulness for this purpose has
been demonstrated.
Vein these United States
have only two basic domestic
problems. First: How can we
work together and produce great
quantities OF materials for de-
Tense and large supplies OF goods
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Grains Strong;
Wheat, Rye Hit
Season S Highs

CHICAGO, Aug. Wheat put
on. a bullish demonstration today
and rose as much as SAC TO new
tops for the season and longer be-
fore meeting with realizing. Other
grains also rose, rye gaining
nearly SC.
News that proposed ceiling
prices -ea-ag agricultural products
are 10 be not less than 40 per
cent of parity, or somewhat higher
than expected, touched off the
buying movement. The sharp ad-
vance in cotton also brought In
buying.
At the close wheat was 2&c TO
&c up September selling at
81 087s. Corn was 7sc to TIC up.
oats l &c 10 lac up. rye 4hc TO
4%c up and soy beans &c to 2&c
up.
All deliveries of rye touched
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03


staIey Manufacturing Co.. Deostur. III. ,
Written Expressly for Int1 News Service
Bookkeeping picture Is new
and vital term. 1t Is descriptive
OF scientific method OF deter
mining the--what, why. and
how-of all the business and
governmental activities OF a ma
tion Of people. Heretofore, we
have been dope den upon
theorists 10 explain economic &C.
tivities. Each one has taken the
few facts he knew and reasoned
that all other facts must be az
he conceived them 10 be. Karl
Marx. Adam Smith, and others
each of whom knew a part OF
the economic facts OF their
times-have given US systems OF
thought that control our actions.
In the light OF facts disclosed
by special application of book
keeping techniques their theo-
ries are incorrect. However, the
people acting in accordance with
such incorrect theories have
lived more poorly and with
greater difficulty than neces-
sary.
Bookkeeping pictures devel-
oped by application OF book
keeping techniques 10 economic
affairs are a means by which
people can secure understand
ing. All economic activities
have these aspects: where from
and where 10, cause and effect;
something received and some
thing paid. Bookkeeping inter-
prets these 10 disclose-what is
produced. distributed and used,
what is owned and owed. Book
keeping pictures OF the nations
economic and governmental af-
fairs assemble all these facts
and interpret them-so that in
bold relief there stands out
what. why. how-the people
work and live
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-08-03
Squirt in Rails,
Rdyon Shares
Features Trade

NEW YORK, Aug. 2.-Strength
in rayon shares and continued ac-
tivity in the rails featured an
otherwise dull stock market today.
The steadier tone followed an
irregular lower trend through the