davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

place in 1897 is excused in Ber-
lin by the fact that German ex-
port capacity was reduced by the
huge internal demands of re-
armament.
German machine builders, look
ing back at the experience they
gained in the campaigns of the
last two years, believe that the
United States is up against two
main bottlenecks which will seri-
ously cut into the effectiveness OF
early deliveries TO the British: %
a shortage of skilled workers and
C2) inadequate supplies of machine
tools. Germans, claim that they
overcame both these difficulties
several years ago by planning of
their future output and that tse
United States, despite all emer-
gency moves. cannot catch up in
time to be of real importance to
the British government.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Lower British
Tariff StronQ|Y.
UrgedinCanada
Step Is Advocated for
Duration to Bring
in Non-War Goods

OTTAWA, April 10. - Further
lowering of Canada's tariff against
British goods in the new budget
has lately been persistently fore
cast, with the possibility mooted
in some quarters of complete re-
moval. Western Canada newspa-
perS have advocated such a step,
at least for the duration of the
war.
Britain's deficit in her balance
of payments with Canada is est-
mated at well over one billion dol
lars IN the coming year. The pros
poet of heavy gold shipments is
considered remote and there is a
limit TO the repatriation Of Brit
ISL held Canadian securities.
Britain, 1t is generally conceded,
must depend more and more on
her exports 10 pay for war and
other imports, according to The
Financial Post.
Strong arguments are advanced
for the encouragement of more
exports by Britain 1t is pointed
out that there IS no dearth OF
cargo space coming this way
across tho Atlantic.
Indeed many ships must be re-
turning in ballast. Providing
British factories can turn out the
goods and move them to export
ports in the old country, il is
argued Canada should be glad TO
accept them
The Winnipeg Free Press, which
has run leading editorials on this
subject. states that there are still
/ 500 different Items in the British
preferential tariff which affect
imports from Britain Shoes and
textiles are mentioned specifically
as carving a heavy duty.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Rise 40 Billions

Despite. an increase in the
tWenty-five-year period in unduplI-
Gated gross assets of all banks in
the United States of $4,000, 00O,-
600 the change in loans and dis
counts. rejecting business flnan-
cling of ordinary commerce, in
dustry, and agriculture, was only
from $4,000, 100000 To $1,000
100000, an increase in a quarter
of a century of only 81 900, 100000
As a matter of fact when allow
ance is made for the fact that
bank holdings of non-govern-
mental securities and real estate
were up during the same period
to the extent of 100000 600,
there probably was actually a de-
cline in commercial loans.
The fact that commercial loans
since 1915 have failed to grow in
accordance with the vast eXpan-
sion of industry and commerce IS
itself significant
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Commercial Loans
Highest in Years

NEW YORK April 70 Spurred
by heavy treasury disbursements.
excess reserves of all member
banks throughout The country rose
$3.50 600 000 during he wick ended
HpTIf f6 So. +, .1t-t e4t- ----ttf trsr1-
mercial. industrial and agrlcul-
tural loans of local banks duph-
Gated the previous weeks increase
-adAanclng S1I1Q0 600 80 s.
095 100000. the highest In d num-
Der uf years
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Beech Aircraft Corp.
Speeds Deliveries

WICHITA Kan. April 19-Thc
Beech Aircraft Corporations cur
rent schedules for deliveries Of
aircraft indicate that by August
they should be At the rate of APP
proNimately $40 100000 annually.
or L times the entire production
Of tho company during 1910. ac-
cording 10 Walter H. Beech, presl-
dent and chairman
-IID-added that now that vol
ume production has commenced,
n veil not be AS difficult 10 IN
crease the rate OF production As II
was to initiate production. Pro-
Gucii0n CTICICnCN VII increase
rapidly as our new employees gam
experience Do their work.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Perfect Solution

The perfect solution to the
strike problem, as regards ma
tional defense, is 10 be found in
the method of the United Retail,
Wholesale and Department Store
Employees of America, Go
affiliate.
The union called a strike in
The Boston Store. in Providence,
X. l., over the dismissal of a
union member. A union official
figured there was no use in the
200 members losing a days pay
SO, while the strikers" worked,
they hired proxy pickets to
picket the place.
As a result, the entire staff
was on the job all day, while
their pickets ploded patiently in
continuous circle outside the
doors.
No word yet a. TO the out
come.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Reflects Trade Changes

1t reflects important technology
cal changes in business, which IN
effect have quickened the proc
eSs of assembling raw materials.
fabricating them, n delivering
them to consumers. The improve
ment has included speedier freight
transportation. and more rapldlty
in the art of manufacture Thus
the time when goods were SuS-
pended in process of manufacture
or distribution has on balance been
greatly reduced. This ch an < Q
tended to reduce the amount Of
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Kingston Prod.
Reports Profit

Kingston Products Corporation
and It's subsidiaries for the quarter
ended March 81 subject to audit
and ycar-end adjustments, shows
net profit of S51.2l0, after depre-
citation. federal taxes. etc, equal
after provision for preferred divl-
dendS tod cents share on loS2. =
S1,ti=SffH5544ff-s Of common stock
This compares with net loss OF
SIS. 73l in the like 1870 period.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Michigan Tool Joins
Gear Makers Group

The Michigan Tool Company Of
Detroit has been elected 10 mem
berShip IN The American Gear
Manufacturers Association. il was
Saturday. The COM
Danv manufactures cone-dfiVc area
contact worm gearing gear-cut-
ting tools and gear finishing. lap
ping and checking equipment.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Seeks
@. K. on Bond Plan

BALTIMORE. April 10 - The
Allegheny Corporation is sending
10 hondholders an announcement
of their proposed plan 10 readltt~t
the ndentureS of the three bonds
ISSUES. The corporation now seeks
the approval of the various bond
holders 10 bung about the pro-
posed changes.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Rail Orders 5 Trains
From WESTINGHOUSE

NEW YORK. April 19s--.T The
New Haven Railroad has ordered
five new high-speed electric freight
locomotives from the WeStng,
house Electric and ManufacturinE
Company The order represents
81 100000 of equipment. Bodies
for the locomotives Will be built
by the Baldwin Locomotive Com
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Farmers Market

APPLES Delicious fancy S22j hl
No. !. $50 yl.75; Greetings. NJ. ''.
S1-25e hu. No. ? 400 soc. jonathan
fancy 81 30 81 hu No !. 91c 81 -
So 2 5oa 75c. Northern spys. fs1cy g
bu SO T. 81 50ft1-75 80 2 75e 81
McInfash fancy. Si.7an2 hu No. !. Sl.l5
fI Sal. Ne. 2 75cu 81. Wagner. No. T.
Sl1l.i5 bu; steel Reds. fancy 81 IS 2 s.
90 81, J. 81 2jDl.5O, ~. ?. s5e hu
FRENCH ENDIvE-F Fancy, st.75 '-lh
boN. SO ! 81 p ri 50. 80. 2. 75e "
BEFTS--No !. 30H soc hu
CABB AGE-Na. J. s. 0eoc No Soc
red cabbage, No. /, 20 2 GOO b1 =. 70 :
CARRoTs-No. I. soa7oc bu VI ?
cFLERY ROOT No l 75cas1 hu
CHIVEs No. !. - soc doz. behs.
EGGs-Laree 81 75a 50 5o-dol sa'
HOES Dressed. i34i5c il
HOftsFrA DISH Fancy WI . - bI
So So 251t2.75 bu. ~. ?. 81 75uz.
tEEKS No. 1 49H soc d9z. hens
ONIONS Dry fancy, Si.51 Sob sack
So J. soc 81 Is. 10. 2 sou soc No. J
81 IS. Green. IS - soc doz punches.
PARSLEY ROOT 81 ~ Use ON
PAEsNIPS-So /, so 75c hu No ?
SOC
PLANTS Flat flowers. 75c; regular.
soc geranums 50 80. 14pot nst
POTATOEs-No. ! 60Qsjc. No. 2. 81
n SOC
PouLTRY-Hens. i've. nesvy breeds 10
= poe 10; leghorns 1872 broiiers.
heavy. "a . 26c 10. ducks. i54isc' geese
RhDIsHEs-Ho dollhouse, 50asoc doz bchs
'BARB-Hothouse fancy. 35c 3-lb
box choice. 25q3oc. small. so soc doz.
RUTABAGAs-No I. 5oa75o bu.
TURNiPs No J. sDcaS1. NJ. a. s5c
VEGETABLE oYsTERS-No. l. Soc g 81
doz bchs.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Inactive
Only 6 U.S.Bonds Traded
on Big Board in 2 Hours

NEW YORK, April 10 Trading
in United States Government
bonds on the New York Stock EX-
change was unusually inactive to-
day
No trades were made during
II and Il o'clock and only an odd
tot OF SIX bonds was traded dur
ing the first hour
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

The majority of price changes
was small.
United states Steel broke the
50-levcl for the FIRST time since
last July
other leaders to set new lows
for the year were General Motors.
Chryslcr. Studebaker. Montgom-
cry Ward. General Electric, Good
rich. BoeinG. Lockheed United
Aircraft. Loews, Fajardo South
Puerto Rico Sugar. Chesapeake
and Ohio. New York Central,
American Car and Foundry, Amer
lean Locomotive American Water
Works and Public Service of New
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
City Auto Stamping
12-MoDth Net Dips

TOLEDO AHHiHl =1q-citp Auto
Stamping Company and its SUBJ
salaries IN report for = months
ended March 81 show net profit
OF S12i731 after depreciation,
federal taxes. etc equivalent to
S113 share ON $4,000 shares Of
common stock.
This compares with Si6l BIT or
S123 q share in l. months ended
March d. 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
rnIi AGO

CHICAGO April -GSS1-- BUTTER p
Bere.uis a741 tubs steady extras ~
score 81 &C. standards g0-score cars.
% G.. extra frsts 81 score. BE- fIrsts.
go score. 81 = ~ 32e; specials. % score
- no CSC
EGGS Receipts % si3 cases steady 90
ic of. current receipts. 206sc. fresh extra
flrsts y a22is G. fresh frsts. n r. 20
r5f-t-rs 19c sherks. ~.
CHEESE Twins i7a17f4c: daisies.
prints and lunghorns ~ ~ iSc.
LIVE POULTRY Closed
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
De Pasco Weak

Cerro dc PaSco lost point in
copperS.
There were a few strong spots.
Allied Chemical gained over a
point. Standard oil of New Jersey
was up fractionally American Tel
ephone and Westinghouse were
steady.
United States Governments were
again firm in. the bond market but
the rest of the list eased.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Modern Co!Iet Sales,
Earnings on Upgrade

Modern Collet and Machine
Company for the quarter ended
March 81 reports earnings. of SD
2SS after depreciation but before
taxes. as compared with S15.S77 in
the like 1910 months Sales for
the period totaled S312 425. a5
against S175.S 43 a year earlier
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Business
Banks
Brokers
BY WARD SCHULTZ
Detroit Time, Financial Tditof

Along with the announcement
last week Of plans 10 refund all
the cityS Callahle bonds came a
suggestion by City Treasurer Al
bert Z. Cobo that the city issue
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
National Power Calls
6oo Gold DebentureS

NEW YORK. April 10 - The
National Power and Light Com
pany has called for redemption on
May 49, 1871 its outstanding 9
per cent gold dobentureS. series a.
due Aug. / 2o26 At 10 per cent
and accrued interest.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Curb Is LoWer

Curb stocks lost ground in COM
parauvely light dealings Most
declines were of small proportions
but few scattered issues. includ-
ing ElGin Watch and General Out
door Advertising preferred. lost ,
or more points.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

American commercial, or check
ing banks. have been transformed
In the last quarter of a century
increasingly into agencies for
financing the unbalanced budgets
of the government.
Eighty per cent Of the rise in
resources IN the tWcnty-tiVc-year
period has been in bonds, notes
-4t4tAeald- certificates issued by the
federal government From the
standpoint of the quality OF assets.
II IS significant that this Ions
term debt constitutes far cry
from commercial Self-lquldatlng
paper, which is eXtinguiShed after
goods in transit has been delivered
and consumed.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Detroit Poultry

Nlrket steady. hens 0ver . u II
under 1is lbs 21c. cock. To- g.. p-
horn hens lbs and IN Ike rock srr He
IL IDS aud UD, DC under 3 fas 30
legh1rn brailers D. lns ,anfi lr goo
capons lbs and ur 27c under T
2ar. ducks white. ins, ana up isr
rabbits I2r
EGGs Market steaiy. current reee.atr.
zIc. undererades. rs 70 ac
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Nation S Store Sales
Far Above 40 Week

WASHINGTON. April 10. The
federal A reserve board cstmaied
department store sales in the week
ended April l. We're 10 per cent
larger than IN the corresponding
week last year. but the difference
was due mostly 10 the later
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Stock Market
Hits New Low
On War News
GIN. Chrysler Crack
Al Bottoms; Losses
Largely Fractional
International Wv. ,er,les Mlre

International Nc,,s service wire
INV YORK. April 19-The
stock market slipped into new low
ground for the year today. Scat
Tered foundation WAS evident as
result of the critical position OF
NE allies Greece and the UNI
settling developments ii home--
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
No MiIlionaires

A wartime crop of millionaireS
IS definitely not IN prospect as far
as Canada is concerned.
A recent analysis prepared by
the Financial Post showed that
the first AZ firms reporting for
1910 showed a decline in net pro
fits of 399 per cent although IN
come and excess profits were up
1866 per cent.
Since then other companies have
reported and the results are even
more striking. Here are some of
the larger firms and their increase
over 1893
Bell Teleph,>Se 50 400 600
Montreal PovN~ 100 Hno
Canadian General Electric eou nna
q anadtsN IrdnxfriEk-I 4rr1ftrTt I 20 0iId
ihiernsti"nhl Nickel asue 900
Canadian industry expected little
reward for war work and is getting
little.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

bank financing required IN the
manufacture an d exchange OF
goods and services.
A. a concurrent development,
the larger and more successful
business units tended TO increase
the liquidity of their own corpo-
rate assets, and with substantial
cash reserves on hand were less in
need of borrowed bank funds
The great increase in the long
term capital items in bank
p, rtfolioS reveals significant
change IN banking
Prior to the federal reserve sys-
TEN. there was disposition to
stick to self liquidating CONNER
cial paper.
An early amendment to the Fed
eral Reserve Act gave federal
bonds a new eligibility. and then
in the Banking Act of 1888 the
list was further eX-
tended. Under existing law. the
federal reserve authorities have
wide discretion as to the type of
collateral eligible TO stand behind
federal reserve currency.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

some form OF
baby bonds of
SIS To 500 de-
nomination.
Although COM
pleie details as
10 the proposed
type q bonds
are lacking on
the face q IT
the plan 6eSn L
seem too prom
lSIlS u I :
writer.
In the FIRST
place the bonds
,,a..sfl k.-.---
be sold in d.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
u. S. Government Bonds

Sales in
SisH0 Ifzh 10W Close
II q In E sass 'f IUt II lOe - ia1 ~
fD1H
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Montreal Silver

MONTREAL hrrI 80 The market
closed unchanged with hrr1 a. 777r tl
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Nazi Experts Discount
u. S. Aid to Britain
Two MISUNDERSTANDING Tools and
Skilled Labor-Seen Big Handicap

NEW YORK, April 10. - Nazi
economic strategists do not believe
that the United States can swing
the war in favor of Britain in the
next few months, according to a
cable from the Berlin correspond
ent of Business Week today. They
discount the mountains OF supplies
which they know may be available
for Britain in 1912. it is stated, be-
cause they believe they Will arrive
too f5rtr.
The dispatch reports that Karl
Lange, well-known director of the
German Machine Tool Builders
Association and wartime commits
sioner for machinery production
in the Reich. created something OF
a stir in Berlin last week when he
declared that after the Nazi alb
SorptiOn of the last small states
in Europe the war boiled down TO
duel between Europe's two big
geSt machine producerS-Germany
and Britain And the, fact that
London is able to draw on the
machine building field over the
United States IS accepted calmly
in Berlin because Nazl leaders be
lieve that the wafa, will be decided
long before aid coming from the
United States becomes important.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Governmental Payment

With federal governmental budg-
cts still unbalanced and with def
cts growing under the stress Of
the new emergency program for
national defense and aid to the
democracleS t is to be expected
that there will be an acceleratlon
of the banking trend toward
greater absorption of governmental
payment. This means IN part that
the earning assets of commercial
banks increasingly consist OF IN
tereSt bearing federal debt.
Deposits growing out Of such
long term debt IN effect become
inelaStc. and are not autOmai-
cally retired quickly as is the ease
with self hquldatlng commercial
paper Trough the depression, the
of the vast amount
of redundant deposits were hidden
because there was little lnclina-
ton 10 make active use OF them.
Incidentally, the banking history
of the last decade constitutes an
effective laboratory retutatlon of
the academic assumptions OF the
quantity theorists I'M the monetary
field
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
Claim an Edge

Germans claim an edge in the
machine building field over the
present combined British and
American output Of essential war
equipment. They point out that
as long ago as 1927 German ma
chnery exports outStripped the
British for the first time, and that
by 1881 they had passed even the
United States. For the next SIX
years Germany accounted Tor 80
per cent of the worlds machinery
exports. in comparison with % per
cent by the United States and il
per cent by Britain The fact that
The Inlted Slales recONered inst
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
4 WEEK IN THE MARKET

NEW YORK April The following table shows the aclI,
IFS of tho NeN York stock Exchange each day this week
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

Barron's business index in
the week ended April - de-
clined TO 9S.i from 99.2 in the
preceding week. This conf
pares with the recent recovery
peak of 1902 reached in the
final week of March. \ year
ago this index stood at 1913.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20
u. S. Debt Financing
Load Forced on Banks
8O0o of Rise in Resources Last rs Years
Has Been in Bonds and Certificates
Bv MERRiLE STANLEY RUKEYSER
InternatioG=' NcWs >erNire Economic Commentator

American commercial or bank financing required in
ing banks have Transformed manufacture and eNchang
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-04-20

No word yet as to the out
ann,a
The Waterbury Democrat., 1941-06-30
FUNERALS


 Funeral services for John P, Mayer were held Saturday at the Mulville funeral home with Rev, Martin J, Loreng, pastor of the First Lutheran church, officiating, Burial will be at the convenience of the family.
 Private funeral services for Mrs. Emile K. AndzulatiS were held Saturday morning at the Hickcox funeral home in Watertown. Rev. Edward Merrill, rector of All Souls church, officiated. Burial was in Fair View cemetery, New Britain.
 A solemn high Mass of requiem was celebrated Saturday in New York city for Sister M. Alexan- drine (Catherine O'DonnelO who died Thursday night. Burial took place today from St. Elizabeth's convent, Allegheny, N. Y.
 The funeral of Mrs. Mary Nor rome was held this morning at S:45 o'clock from the Colasanto funeral home, 92e Bank street to the church of Our Lady of Mount Carmel. Rev. Austin Saunders celebrated the solemn high mass of requiem at 9:45, assisted by Rev. Patrick Flynn as deacon, and Rev. Dennis Biarelli as sub-deacon.
 The bearers were Albert Stango. George Dumas, Felice Turro. Albert Bellucci, Frederick LeBrie. Andrew DeZinno.
 Burial was in Calvary cemetery with services by Father Biarelli.
 The funeral of Mrs. Madeline (Freeman) Gilbert was held this morning at e:iS o'clock from the home of her sister, 262 North Main street, Union City. to St. Mary,s Church, Union City. Reverend James Lambert celebrated the sol- emn high mass of requiem at 10 o'clock. assisted by Rev. Bernard Butcher as deacon and Rev. Joseph Kachunas as subdeacon. Rev. Thom- as Grimm served as master of cere- monies.
 A special musical program was ar- ranged by Mae Lynch, with Will Ham O'Brien as soloist.
 The bearers were William II. Fellows, Donald Murtha, John Sheridan, Michael Nolan, Thomas Jackson and Martin Linskey.
 Burial was in the family plot at St. FTancis' cemetery, Naugatuck. with services by Fathers Lambert and Butcher.
The Waterbury Democrat., 1941-06-30
GOVERNOR SCORED FOR APPOINTMENTS
Republican State Commit. teeman Declares Court
 Reform Given Blow

New Britain, Conn., June 90 - Thomas J, Meskill, a member of the Republican State Central conn naittee from the 6th district, as- serted la q public statement today that through his appointments of New Britain City Court judges Governor Robert A, Hurley "haS delivered . death blow to court reform"
 Mir, Meskin attacked the gover- nor for his appointment of Henry J, Gwia1da, young New Britain at tornsy, to succeed Judge Stanley ], TraceSki, encumhent for twelve years, Mr, Meskill's statement sol- lows;
 Governor Robert A, Hurley has delivered . death blow to court reform, Enlightened and puhlic-spirited Democrats and Republicans alike have for years advocated the taking of the local courts out of politics by tranS~ ferring the power of appoint. ment from the General Assembly to the Governor, In his message to the Assembly last January, Governor Hurley urged the adop- ton of this change because it may remove the appointment of the minor-court judges from the political atmosphere which has heretofore at times prevailed"
 These fine words do not square swyak1a EHssxlMnNe on the New Britain court What was 1t other than politics, which the Governor pretends to ahhor, that caused him not to reappoint Judge TraceSki after twelve years of faithful and distinguished service and to replace him with young man who is a Democrat and only two years a member of the bar Win Governor Hurley dare to say he honestly believes that the young man he appointed to succeed Judge TraceSki Is the lawyer in New Britain best Quali- fled to be judge? Of course he won't, because nobody in New Britain will believe that this ap- pointment is anything but pure politics-if you call tampering with the courts pure"
 How can any person favor giv- ing the Governor the power to appoint all the judges when In this important instance his choice is clearly motivated by politics and nothing elSee What an example of hypocrisy in high placeSl