The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-02
Behind the
Ticker
h. LOUIS VI. SCHNEIDER


range Of possible enemy bombers
and will be able to supply and sup
port an army Of 1000 600 men
Army advices are that the plants
will be kept as reserve. should
they ever be required. But actual.
~. say informed quarters. the
plants will not be kept idle. They
will be put to use Immediately for
the production of munitions for
Great Britain.
Cotton Washington advices are
that about 1000. 900 bales OF L. ).
cotton recently bought by the So
Wet government isn't going to Ger
many. That's why the maritime
commission allows American regis
tered ships 10 cart the freight, the
department Of agriculture permits
the sale, and the department of
state gives its stamp of approval.
But experienced exporters say that
this years Russian crop of about
1900. 900 bales is going. In part. to
Germany and that the American
staple was bought as replace
ment.
Oils Virtually every production
manufacturing and consumption
record of the oil industry was bro
ken In 1910. And this years pros
poets are the best ever.
Increased consumer income will
show up In gasoline sales, and the
greater activity In military affairs
will boost the demand for super
aviation fuel. The enlarged output
OF glyeerine and synthetic rubber.
too, benefits the industry.
No one In the oil trade is dis
turbed by the huge carryover of
stocks into the new year. II shows
that the industry IL ready for its
part In the defense job
Refrigerators - Re frigerator
trade insiders say that the Kel-
vinator reductions of as much as
$50 per unit do not indicate the
start of price war They point /
out that kelvinator's cuts were .
made In the high-priced models .
and not the popular selling lines. F
The trade doubts the move will .
spread 10 the medium and low
priced Considerations.
Copper-The Reconstruction FL
nance Corporations Metals Re
serve company placed orders for
100 900 tons of Latin American
copper produced by American
owned mines. Purchase price runs
20 tune of about S20. 900 900.
Anaconda eoppers share is ST.
300 tons, kennecott copper rs 900
IONS. American Metal company
10 900 tons and Phelps Dodge 5000
IONS. The RFC guarantees all
'osts above one-half cent per
pound for freight and insurance.
Steel Producers international
Harvester is spending $1,000. 900
% increase its steel blast furnace
md finishing mill capacity. When
late in 1871. the capa-
'ity will be 10000 gross tons of
ngot and $4,000 tons of the
finished product.
Ford Motor company. too. is
Iteel producer with an annual
of s3l 900 tons. Others
Ictive as steel producers are
rimlien Roller Bearing with an
Innual ingot capacity of 40e. 300
ons and American Locomotive
With IA 205 .0o0-ton ingot output.
Reports Are That Meat pack
ng industry inventory positions
arge and at reasonable prices |
BROOKLYN Union Gas revenue gains
ffset by higher operating costs
. for greater trading appeal
'iorsheim Shoe being switched
nto larger amounts White Motor
Cannon Mills order backlog
olstered by government orders
'ullard earnings up sharply de-
pite increased taxes.
Schenley Distillers pricewise |
iscounts adverse trade factors
woodward Iron high operations
ill hold for at least next six
ionths Spicer Manufactur-
* obtaining reasonable share of T
efense contracts Northern
acific common liked by followers 2
railroad securities Republic
viation's le4o net estimated at
| share American Chain
otaining fair share of defense :
Worthington Pump preferred
eld because of conversion rights
Armstrong Cork discounted
bulk OF adverse foreign l
'ctors South Porto Rico -
ngsr prospects clouded by low
GRID sugar prices Inter
stionsl Paper common speeula- =
'ely bought ON price concessions |
. and, that long-term war and
FACE prospects favor shipbuildlng
:
-
II you're not using II, sell II with