davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Fail TO Fiqh+

With few shining exceptions.
corporation heads have put up
no worthy fight against the per-
secution their stockholders have
suffered. They have been afraid
TO put their necks out"
Meanwhile, they have re-
ceiyed their salaries regardless
of the losses and sufferings
visited upon their stock-owners.
But the latter have enjoyed no
such security. Hundreds and
hundreds of thousands-yes. mil
lions-of stockholders have had
their income either reduced or
totally wiped out during the last
decade.
II has been mainly because
of their failure to put up any,
thing like a united front that
the politicians have felt free to
knout the 100000 investors
who made it possible for Ameri-
can industry 10 eclipse the rest
of the world.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Stock Market
|rregu|dr|y
Lower
International New. servic. Wire

NEW YORK, March 13. - The
stock market was irregularly
lower today after yesterdays cas-
Ter tendency. Trading was very
quiet.
Bethlehem was an early weak
spot. falling point. United States
Steel and Republic each rose a
minor fraction.
Chrysler was down fractionally
but General Motors held. Union
Pacific and Atchison eased in the
rails.
The coppers were mixed. with
Anaconda off and -kennecott
slightly higher.
Oils were steady. General Elec-
trio, Johns Manville and United
States Rubber were easier.
International News Service Wire
CHICAGO, March 13.-Wheat
futures opened &c to sac down
today, corn unchanged and oats
Nc off.
WHEAT - May. 855s d85%c;
July. 81 q a 81 sc; September, s2h
MS2Ac.
CORN-May 622sc; July, 62%c;
September. 6212c.
OATS May. 36hc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Offer Mediation

t6D The United States con-
citation service should be en-
larged and extended. As has
appeared in the New York bus
strike. IL is good procedure TO
offer mediation. and a cooling
of spell. Then when A labor
leader turns il down, we know
how things stand.
III Finally. il may he a good
time TO profit by the experience
Of England and Canada in deal
ing with labor organizations.
Union leaders should be more
responsible. both TO their men,
hers and to the public.
At the moment. the sugges-
ton that. before striking. those
employed in defense work be
permitted 10 vote by secret
ballot conducted by the govern
ment, is timely. Then. within
10 days after a strike. a similar
secret ballot should be taken on
returning TO work.
What Is needed first. is just
house cleaning. and a firm stand
by the Executive.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13

The quality of expression in
the current reports of chief ex-
ecutives of American companies
is improved by a realization that
private enterprise is an essential
part and parcel of the American
way.
With mems minds attuned TO
making distinctions betw cen
democracy and totalitarianism,
executives are encouraged by
the new appreciation that busi-
ness is not sordid. but is a facil-
ity whereby free men improve
their living standards and their
means of defense.
The essential tool of private
enterprise is the art of persua-
sion, which recognizes the right
of the other fellow TO do his own
thinking. On the other hand.
state socialism. which depends
on monopoly, rather than on su-
periority of product and service
in free competition, functions
through compufsion.
Thus, advertising and selling.
the tools of free enterprise. rest
ing on persuasion. lose any ira
ditional sordid connotations. and
become symbols of American
freedom. They are close TO
fundamental human liberties. for
they express the right of the in
dividual to make his own choice.
rather than live in a goose-step-
ping economy.
Business executives may not
be entirely conscious of all these
social and humane implications
of corporate life. yet the method
and manner by which top men
of business are this year talking
to their employees and stockhold-
ers in annual reports indicates
that their imaginations have
been stirred. This trend is espe-
cially pleasing TO this writer.
who long battled for simplified.
more dramatic, and more in
formative corporate reports. and
who in 1898 ernbodies his recon-
mendatIons m brochure en-
titled "Sfreamlined Financial
Statements - For Whom Does
Capital Work ?"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
DoehIer Die Casino
Nets Million in Year

CHICAGO. March 13.-Doehler
Die Casting Company report for
the year ended December 81 shows
net profit of 81, 032. 504 after de-
probation, federal income tax and
provision of S375.0O0 for excess
profits tax. equal to S36S a share
on 2S0.426 shares of capital stock.
excluding 2,761 shares in the
treasury. This compares with
S6S2, 043 or SAB a share in 1899
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Must Organize

No quick, easy remedy lies
at hand.
Instead of a few. all corpora
ton heads. trustees of the saw
ings of small and other investors.
should not only unmuzzle them
selves and publicly protest
against any and every unfair
political action inimical to ,se-
curity-owners. but should bestir
themselves TO bring about
vigorous national organization
of investors.
Life insurance executives
should follow similar course.
Individual policy holders. too.
should exercise far greater de-
termination to protect their in
terests. instead of remaining
mute. submissive. defeatist.
Such organizations as the
American Federation of Inves-
tors (35 East Wacker drive,
Chicago, Women Investors in
America t535 Fifth avenue.
New York City, and the Fair
Return League Us Church
street. New York City,. should
redouble their efforts to secure
more members and arouse the
public.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
R. E.. Mahon Net
SCOOPS in Year

r. c. Mahon Company reports
for the year ended December 81
net profit of 500 OTIS after de-
probation. interest and federal in
come and excess profits taxes,
equal after dividend requirements
on the preferred stocks to SIS
a share on 5000 shares OF COM
mon stock
This compares with a 1889 net
profit of Sll5.09S or 81 cents a
common share.
The company has declared the
regular quarterly 50-cent dividend
on the Class "A" preferred and
the regular quarterly IS cents on
the no par convertible preferred.
both payable April Is to stock Of
record March 81.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Advertise Them

Many companies. in stream
lining and dramatizing the fig
ures in their annual reports. are
taking only one-half OF my adj
vice. ] urged not only creating,
humanized reports which would
in effect constitute the coinage
of a new language of business.
but / further advised that such
reports be announced. summa-
rized. and merchandised in
newspaper advertising. Such ex-
ploitation would help TO make
sure that the intended message
was reaching those for whom II
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Prospects Of War

Tying up his message with the
deeper thoughts of Americans
concerning the prospects of sur
vival of our traditional Liberties
in a war-torn world, Mr.. Fulton
said:
There could be no place for
long In a totalitarian society for
life insurance. The state would
determine what q man should
make, what he should save, what
he should have In his old age
and what he should leave to his
family. 1t Is the job Of Ameri-
can life Insurance, by the vigor-
Gus prosecution of its activities,
to keep alive those qualities in
American citizens SO that they
may have the courage and the
initiative to grappie with the
problems that are bound to fol-
low. Our present duty is TO see
that we individually and coIIec-
lively do our full share to make
life insurance an effective factor
In our national life and its de-
Tense"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Forbes
How Investors
Gould Command
Fair Treatment
BY b. c. FORBES

The lead in instituting meas
ures to protect the nations
100000 investors should be
taken by corporation manage
ments and insurance manage
ments. -
Savers and investors. as shown
in yesterdays column. have been
kicked around by Washington
for years. They have been de-
fenseiess, impotent.
This governmental policy has
hurt not only savers and inves-
tors. but the whole nation.
especially workers. 1t has all but
killed capital-raising. which is
essential TO providing jobs.
If arrangements do not pri-
marily represent those who Gre
ated their enterprises-that is,
those who furnished the neces-
sary capital-whom do they
represent?
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
CoddIe Labor

q What can be done to remedy
this peril to our national in
terest, this Supremacy grave
handicap to self-sustaining. true
blue. permanent, full-flood en-
ployment?
The administration and Con-
gress must be brought TO see
the light, must be induced to
mend their ways.
We have seen how such
strongly-organized groups as
farmers and labor have not only
influenced but awed Washing
ton. Because of their political
power, Washington has taken
from other taxpayers the stu
pendous sum of 81 800. 600. 900 in
the last eight years to assist.
placate. please farmers and win
their votes.
Washington has deemed 1t
politically prudent to enact
wholly lopsided legislation to
coddle labor leaders--and win
the labor vote.
Contrast the solicitous. fawn-
ing treatment accorded unions
and the treatment accorded saw
ers and investors
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Employees Own Stock

universities, hospitals and
other endow institutions
should bring home to the people
how governmental activities in
furious to investors and invest
rnents have impoverished their
income. consequently their abil-
ity to render their noble serv-
ices.
Then. almost one out of every
four employees owns stock in his
company. In the concern having
the largest number of stock
holders in the world. American
Telephone and Telegraph. ap-
proximately one-fifth of the en-
ployes own stock.
An intellig ent educational
Campaign should be instituted
TO enlist the support of employee
stockholders.
Despite all rantings and raw
ings, savers always have been
and win continue to be the
backbone of national progress,
prosperity. might.
Copyright. 1et1. by .. c. Forbes
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Detroit Produce

AffLfsS-Bushei crates. "a IN. min.
quality. sl.75; Mcintosh. 81 50. fair color
as; IA in. s5c 81 Northern spys.
81 $50 50. fair color. si25i Baldwins.
eoc . 81. 10: starks s0c
AsPARAGUS-Cali pyr crates
ssIvI o, mrlpsu co IS szls usus 'sseot
81 so. dozen punches fancy S42s14Ts
extra fancy. s4.oas: select, s4.soas
extra select. S4-7sa3.
NEUTRALITY-SUSPICIOUS. flats, 1ss-3os.
81 SO u 90. fair quality si2oaI4o
BEANS-Bushei hampers. Bountffuls.
generally good quality, very few saiss. IS.
BEETs-Texas = crates. n.2sd1s5-
BRocCOLl-Pony crates. 1852 benches.
Arizona. IS so; California, s2.s5a3; Texas.
S325.
cABBAGE-Los Angeles crates. Round
type Texas, 81 SOC ), mostly g $50
= crates. Red type. 81 SIS.
cARRoTS-Arizons. dozen. &. IS q
2 So California s.. 5on 2. IS: Texas. 81. Is
a225. S dozen. 50. 500 AIS \ crates.
cAULTFLowER California. pony crates
i2s and sarger. 81. so1 10, mostly ~
cELERY-Pascal type California cubs.
sd, .9 ss 30 " s''risa so.ss ss7s florida
Golden Heart Is in-craieS trimmed tops
dozsn. S3G IS; 9 dozen. S3-2543 ,. - !;
dozen. s. 5oat; 10 dozen. So oe4 =
LETTUCE Angeles crates. Ieeserg
type Arsxona Yuma. Is. $3.50 - D
dozen. IS i5@ 3.s5: Phoenix. fair aus lity
a. and Sc. 81. Imperial Valley. As - %
y 3. dozen. 81 So 90 IN ..o,,rd
baskets Michigan. 65a roc; Ohio. zoe
ONIONS Sob sacks. L s, No. !, sweet
Spanish BIN. and larger. colorsno 80
and eondition. si.35. Michigan. Us. Nc.
/. Yenows. so-70F 2-in. and larger, ~
a Toe. ..
PEPPERs-ll4 bu. crates csl,torn nj.
conditioned, So Florida California won
ders. fancy, 81. fair condition. s. 1871
$50 choice $3.50 rs: Ruby Kings
e',Ilos xA TOE 1o-lb. cartons.
81 20 Q1.25.
PEAs-california, M hampers 81 70
bushel baskets, s.. 50.
Russell Burbsnks. Idaho. washed. 81. 20 y
1s5 mostly 81. 500 50; No. 2, 81 50 .
IS: 100-Ib sacks. Us. No. !, kussets'
lsq 2le; various vsrie,ies Maine I 100, 70 ~
Michigan IS. No 1 1eo-lb- sacks. Rus
set Rursls 81 oS011o: Cnippswas, 81 20
cobblers $40: Upper Peninsula Green
- 22e: Nebraska. US. No. /, washed. Tri-
umphs lOo-ls. sacks. 81 sS02, Sob. sacks
xi.65nli5. few s125; Florida. new stock
busheI crates. [. S. No. /. washed. fri-
NEUTRALITY-SUSPICIOUS., Sob. cases. hot.
house. choice. st.1sa225. fancy ~ rse J,
extra fancy, 81 so
RUrABAGAs-Cznads. so pound sacks.
vaxed T5c. few eec.
sHALloTs-Loutsisns n. bols 10 dozen
punches. IS 5ons. crates. dozsn. 81 30
few - so
sPISACH-Texas. baA baskets. Savoy
tyne s. DOC mostly eoc.
STRAWBERRIE7 S-Fiortds. 3s-pini- eris-.
Missionary S6a6.25.
SWEET POTATOEs-Bn. crates. Y $.
No 1. Porto Rieans. Los Angeles, 81. so y
'i.s5. Texas. si.s593.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Auto Service Men
Hear Bendix Expert

An outstanding program at tie
Automotive Electric Association
international conference was the
Stromberg meeting In the Detroit
Leland Hotel yesterday. Many
local automotive service men 1T
tended. according to Jack May
nard of Knorr-Maynard. Inc, local
S TT berg distributors. They
heard an address by a special rep
resentative OF the Bendix Products
Division Of South Bend, which
manufactures Strom berg car
buretors.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Chevrolet School

Commencement exercises for
the 81 graduates of Chevrolets
POSTGRADUATE School Of Modern
Merchandising and Management.
will be held Friday night at the
Hotel Statler. A graduation ban
quet will close the eleventh ses-
sion of Chevrolet's unique school
for dealers sons.
William E. Holler. general
sales manager, win be guest a
honor and principal speaker.
Mothers. wives and sisters of thu
graduates will be feted at .
separate dinner.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Foreign Elements

90 Elimination OF all hostile
foreign elements. IN c ~ d ing
especially all adherents 10 the
Nazi and Communist parties.
This process should begin with
the government and all It's
branches. II should be carried
out promptly in all defense
work. There is more than
suspicion that several strikes
have been fomented by such
clements.
t3l Insofar as defense work
Is concerned. prohibit by law all
iurisdictional strikes and strikes
arising out Of disputes as 70
what union shall represent the
workers in any plant. At once.
as an emergency measure, the
irtoierabie delay Caused - BY
such Tabor politics" should he
stopped for the duration. .
"a For denfense purposes,
give the President the same
powers 10 draft labor that he
now has TO draft capital and
enterprise.
81 Clean up the NLRB mess
at once. Especially important
is the bungIing about The mat
ter OF what agency is TO repre-
sent. the employees of any COM
psny. We should Immediately
act to insure that the bargain
ing rights of the employees Of
each employer be fairly.
promptly and decisively deter
mined. without strikes.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
S1,8OO,OOO Addition
To Double Capacity

NEW YORK. March 13.-Ten-
nessee Products Corporation plans
immediate construction of ST.
100000 addition to its coke by
products plant at Chattanooga. The
expansion will double the plants
coke capacity and will provide a
larger amount of coke for the
Alcoa. Tenn. plant of Aluminium
Company of America.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
M. S. RukeySer:


the Home Life Insurance Conn.,
pany, has been a pioneer. He
displays so much originality that
he always keeps a pace or two
ahead of imitators. Two years
ago he started a humanized and
streamlined annual report TO
policyholders. Last year he put
out a dramatic data sheet which
was personally delivered TO
stockholders by agents. who
thus had an opportunity to an
swer specific questions. This
year Mr.. Fulton embodied his
annual message in single issue
tabloid newspaper sent to policy
holders.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Rustess Iron loan
Approved by Holders

NEW YORK. March 13.-Pre-
ferred stockholders of Rustless
Iron and Steel Corporation have
the corporation to Dor
row not in excess Of $500 900 TO
finance the installation of add
tional plant facilities. included in
an emergency plant facilities con-
tract now under negotiation with
United States Navy department.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Farmers Market

APrLks-Delie,oas. fancy, 81 ea. No.
81 IS bu. No. 2. 4oa SOC: Jonathan. fanc,.
81 400 so bu. No. /. GOO usi Is: No. 2.
ssee 7se Northern spys. fancy. 81 bu. ; No.
!, ,.,sI 's @, i,, No ., ,sean aeIn,o.a.
No. ,. T5easi: wsxnsrs. No. /. ua1 IS
ee s'ees Red. s1sai.5o bu. No q
CELERY cABBAGE-No. a 7sasse
FRENCH ENDIvE-No. 1. $50 5-lb.
BEETs-No. /, 5oasseba
cAssA.sE-No. |, sooasi 10 sa. M.
sa- Red caessse, No. /. ass soc ba No
c1RRors-No. 1. soe7oe su: No. 4
CELERY souAREs-No /. sscasi 10
root. No /, s5ca 81. 10 bu.
HORSE, RAplsH-Fancy. So. so; No. /.
L 2sE eS No .6s So 49, aos oun.s..
oNioNs-Dry. fancy. soe y 81. 10 bu. So
e esssSEss ,'o6 !; s, b9, - !,
soc
PoTAToEs-Eaney. sOc b.. No. /, so
e,ss i,i 30 z. s sn.s sec. 1870 -.
RHUBARB-Heshouse. fancy. 30 s5c S.
%. boz; choice. 20 2Se small 50 9 soc
RuTABAGAs-No. 1. ,o07,c bu.
soUAsH-Hubbsrd. No. l. si-25qI75
: rusNrPs@T.as,. sieL,s. Nc. 1. sou
VEGETABLE oYsTERs-No. !. soa75c
dozen 5uncnes.
PouLTRY-H.a.. 1--we. heavy se.as: II
q 22c ID; sghorns. f56t7e. brotisrs.
heavy. 2ia73e 10: leghera. lta lie; ducks.
IS Use geese. f49 lie.
HOCS-Dreesed. 49, f5c n.
EGcs-Larye. Tn7se 3o-doz- cas-
nedham, ssHs. Sc
CHICAGO
CHICAGO. March fz.-tfSst-BtffER
--Reeeipts. a1ee tubs. market steady.
Extras. % score. 20 nc; stapdards. 20 score
cars. 30ke: extra firsts. 81 score. 3er.
firsts. ss.ss score. 2sa7vizc; specials. %
score. 30iz n 30ac.
EGGS-Reesipts. f7efs cases. market
steady. &c M Current ree>ipts. fslse.
fresh est-> fsr-ts ifh 1f7iscs fresh ffrsts.
i6st - lie; dirties. 15i1c; checks lfAe
cHEEsE Twus iS9i5tsc: datsies.
prints and longhorns. ISL n1sNe
LIVE POULTRY Market steady 10
strong. turkeys. i547ie: hens. ISL 3one,
isghorp hens, f0dtsHe: sprtngers. fs7
ar; broilsrs. tsa zoe. rocsfsrs. II y lie.
ducks. t161ehe; seess, fs9f3he.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
100000 in Bonds
Retired by Coal Firm

NEW YORK. March 13.-Glen
Alien Coal sales for the first
quarter of 1871 will be higher
than in the 1910 period. Charles
F. Huber. chairman. stated at the
stockholders meeting. During 1910
the company retired $1,000 900 of
its per cent first mortgage
bonds, reducing the total amount
outstanding to S34. 1S0, 900.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13

Motors at Anderson, Ind. TWO
assistants. John Hughel and s.
r. Conwell, also were named
by F. L. Burke. general manager
of the lamp company. Koubek
has been with GIN since 1929
and for the past two years has
been In charge of the Detroit
office of the Guide company
Hughel will remain in Anderson
but Conwell viii take charge Of
the Detroit sales office.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Sex Dividend Voted
By Hoover Ball Co.

Hoover Ball Bearing Company
has declared dividend of so cents.
payable April I TO stock Of record
March % Previous payment was
81 on December 81. The company
paid 30 cents April /, 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Two Promotions Made:

Two promotions in the auto
industry were announced yester.
day. D. w. Lee has been named
sales engineer by L. D. Cosart,
truck sales manager at the
Dodge plant. Lee has been in
charge of Dodge Diesel truck
sales promotion for the past
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13

At TnOPICAL PARK
WeAthes. clear; track. fast.
First Rsee-Ni.er. Hsrkbn, AbvupA.
Wssio~. sam Houston. Htghh.sder.
Lucky Me, Tirisp. Nigh Repewn, ReiaD
Fssrth Rsee-whi.keIe, Psn Ers~uA
EAsecs. Indian Lodge, VIVA HsA
>es.rtA Rsss@-stsr Chance.
Etghfh Race-hrOad Vision, soIdyesS
Csn. AsssI Fay EasAsh Harm, sefshsss
At HAVANA
Weather. clear; track. fast.
First Race - r. l.. Baker, Thiswu0.
Gea--M- -RaaLsr -M.sissse h., FssDb
sweep. Yynan.
Gs~eaeek. Dup,ns. Loyss Sea. FOa
rh~-as. OspAsa Lase.
rhAra nare--ysskss Ships. Pyfehie4.
nvtxhA ssx. we~has. kiHs rvos6nn. Peg's
Csnxnxn- nRnsfifu1- Ga.a-
Fsnrsh Rnre Wassrs>un. BessA
Crsshaw. - DtsDnad. Bsehs's Chsso.
Sssss esse = Ven MssH vl..scF
wss.ns. ts>sss. kshsf's ChssnA Impsns
sfsth Rsee--yufss M.esw, sky Orsns
sleepy Howard. sun Way, Nagi< Ayr~2
seventh n.<e--i,ory no.
At 0AELswN PARK
Weather. eissr. trset. fast
S~~~~A na>>--N~~rss1,s. -h~rss Ss-s
Thixs nA<s-J~rssa
ssssA nnre-o~~1na. swsnky Ia
kfxhsh n.ee--rsiss~t sss. rsssses. -
Ninth Race t.ss.sHurr, -Dseisssl -
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Psychologist to Get Test

Elmer Wheeler. sales psychoi-
ogist who put the "sizzle", in
steaks. will try his tested sell
ing phrases" on automobiles for
the first time Monday In Chi
cago. Wheeler will address q
meeting of Cadillac statesmen in
the Windy City.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Gets PITTSBURGH Post

The Standard Accident sInSur-
ance Company announces that p.
J. Lynch has been named manager
of the bonding department at the
Pittsburgh office. He succeeds r.
J. Carr. resigned.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Detroit Gasket Co.
Again Pays Is Cts.

Detroit GaAket and Manufac-
turing Company has declared
dividend of Is cents. payable
April 81 to stock of record April
b A like amount was paid Janu-
ary 20.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-13
Metal Markets

New York and Wholesale nonferrcus
metal quotations suppl,sd- by FEDERATED
Nstsfs DIVISION. Dstrou: Spo, % per cent
TN, nominal: New York. 81 BIS future TN.
so an lake grade copper. delivered Mid
west. II. eiectrolytie spot. smelter. l2f
IL -: casting copper. l2.25: 81. Louis
lead. 80: St. Louis xine. 7.25; New York
an.tHaehFE virgin afumuum.
Tin active. Export copper. 10. 50 q II 90.
rssa.e. 1900. All other metals quiet Free
sterling exchange. s403s.