davidaulloa/AmericanStories huggingface dataset:
Evening star., 1941-07-14
EndicoH johnson Net
Shows Large Gain
Over Year Ago
Profit for 81 Weeks
Ended May 81 Reaches
$2,342,243 Mark
- the Associated Press.

- the Associated Press
NEW YORK, July l4.-Endicott
Johnson Corp, shoe manufacturers.
today reported for the 50 weeks
ended May 81 consolidated net
profit OF S2,342,243, eqal to s488
a share on common stock. This
compared with 81 ,291 .991 or S2B8 a
share for the 50 weeks ended June
l, 1910.
General Tire.
General Tire e. Rubber Co. re-
ported for the six months ended
May 81, net profit of sl,0044l3 after
provision of $s50,O for Federal in
come and excess profits taxes, equal
to $l.77 share on common stock
For the comparable six-months
period Of the previous year net was
$3.50, ,563 or 80 cents share.
Vultee Aircraft.
Vultee Aircraft. Inc, reports a net
loss Of $593 488 for the six months
ended May 81. This compared with
net loss OF $3353l8 for the same
period last year For the year ended
November 30, 1910. the company re-
ported net profits of s374,457. Un-
filled orders as of June 80, 194l,
totaled $l55.346, ,37O, compared with
sac, 100000 November 30, 1910, and
&l4,494.744 May 81, 1910.
Air-Way Appliance.
Alr-Way Electric Appliance Corp.
and subsidiaries, exclusive of British
holdings. reported for the "a weeks
ended June IA net profits of s55,9l4.
after Federal income taxes, or So. 80
a share on per cent cumulative
preferred. This compared with $38.
l6l, or $3.50 preferred share in
the comparable 1910 period.
Unpaid dividend accumulations on
the 7 per cent preferred amounted
to S66.50 a share at the close Of
1910.
Brown-F0rman.
Brown -Forman distillers and Who'll.
~ owned subsidiaries reported for
the fiscal wear ended April 80 net
profits OF s23l, 1854, after Federal and
State income taxes, equal after
dividend requirements on s6 cumu-
latlve preferred on which there is
an accumulation OF unpaid divi-
dends, to so cents a common share.
This compared with sl85 SAL, or "a
cents common share in the pre-
ceding year.
MathiesOn AlkaH.
Mathleson Alkali Works reported
June quarter net profit of $3.50 $3.50
after Federal income taxes. equal
after preferred dividend REQUIRE
ments to 66 cents a share on COM
mon stock. This compared with
S403,5l5, or a. cents a share. in the
March quarter and s463,398, or 81
cents a share, in the June quarter
last year.
Evening star., 1941-07-14
Boston Wool Volume
Moderate in Week
By the Associated Press

BY lne Associated PreS.
BOSTON, July IA u. S. D. Al.-A
very moderate volume of business
was conducted during the past week
in domestic wools in the Boston
market
The volume of sales increased
moderately on the three -eights
blood grade Of territory wools as a
result Of awards Of Government or
ders for blankets. Sales of other
grades Of territory woods were most
ly of limited volume on a piecing-
out demand and prices were steady
to firm.
Texas woods were fairly active at
firm prices. Bright combing fleece
wools was very slow with quotations
about 80 on a grease basis ranging
from 4244 cents on fine Delaines
and 1916 cents for one-half bloods
and 46-47 cents for three -eighths
and one-fourth blood grades.
Evening star., 1941-07-14
Steel Rate 10 Climb
To 97.2 Per Cent
In Current Week
Institute Report Cites
1858 Per Cent Pace
Of Year Ago
BY the Associated Press.

BY the Associated Press
NEW YORK, July 14-Steel oper-
ations for this week today were esti-
mated by the American Iron e. Steel
Institute at 972 per cent Of capacity
compared with 96.8 per cent in the
previous week
A month ago the mills were oper-
ating at an average of 80 per cent
and year ago at 86y8 per cent.
CLEVELAND, July IA GP-Th.
magazine Steel asserted today that
mild hysteria which developed last
week on the part of many civilian
steel users is in large measure un-
justified"
so far the worst suffering among
consumers has taken the form OF
pinches and inconveniences, with
but very few cases where steel
shortage has halted production
lines" the trade publication said in
its weekly review.
"Pinches come mostly from alloy
steel shortages. Aggravatins the
apparent strain on civilian needs
is the fact that some consuming
plants are working at 100 per cent
Of capacity. contraseasonally. max
ing products which would normally
be made next winter Often such
full operations are due 10 insist
ence Of suppliers that the material
be taken into consuming plants
Immediately.
Meanwhile the civilian situation
should become better as various
adjustments are made. Rationing
on part of steelmakers becomes
stricter and juster; many less es-
sential products are being aban-
doned.
Substitutes for steel are often
being made for the duration Taxes
and other Government impositions
will tend automatically to restric,
civilian uses. Part OF the hysteria
is reflection on possible distress oi
the future rather than condition,
Of the present. as we'll as TO false
rumors circulated"
Steel said ingot production fol
the first half of 194l was 40.el1 1886
net tons. within 20 per cent OF
production for all of 1917, and q
gain of nearly 40 per cent over the
first half Of 1910.
Evening star., 1941-07-14
Market Commissions
On Federal Bonds
Cut in Half
Brokers Hope to Draw
Orders Back From
Over the Counter
By the Associated Press,

By the Associated Press
NEW YORK, July l4.-Commis-
sions on the buying and selling Of
United States Governments in the
New York Stock Exchange have
| been halved in an effort to bring
| back to the big board a substantial
part of the business now transacted
by telephone in the over-the- counter
market. it was disclosed today.
The Association of Bond Brokers OF
he exchange revised the charge for
buying a $1,000 obligation Of the
Government to l56 cents from 81 2
cents.
The rules Of the exchange provide
only that commission charges Of
brokers for Governments shall be
by mutual agreement" SO that the
action was not an oficial one of the
exchange. which itself has been
studying for months the question OF
revising upward its service charges
on stocks TO compensate for dwin-
ding business.
The bond brokers thus apparently
have taken the position that the best
way Of regaining lost business was
q cut in charges.
A decade ago the bulk Of business
in Governments was done in the
exchanges auction market. and quo
tations there were regarded rs
Official
Last month. however, the ex-
changes figures showed that Of
sl49, ,426, 900 face value OF all bonds
which changed hands on the ex-
change in "a trading DAYS, only ST.
0l0 900 was in Government loans.
The chief trader of one large
dealer in Governments said an
average days volume in the tele-
phone market was well over $780,
900 0O0," and estimated that at times
when new issues of Governments
first appear for trading the days
turnover runs 'at least q half bill
lion"
The Association of Bond Brokers
also agreed to cut their charge for
transactions in New York City bonds
TO 6212 cents for $1,000 face value
from $l.25.
Evening star., 1941-07-14
Expects Big Changes.

Lewis Rosenstiel. chairman Of
the board of Schenley Distillers
Corp, foresees . postwar period
OF great social and economic change.
Private corporations will tend to
become public corporations,
Rosenstiel thinks. The rich will
surrender more Injuries. the work.
ingman will gain new luxuries.
Rosenstiel sees no slump at the
close OF the war because the untitled
needs of the world will take up the
slack. Even if the war leaves us
with a $500 900 000. 900 national debt
We will still be secure, says the
Schenlev chairman, because We
will be producing wealth. There
will be an increase in the general
standard OF living. Capital will
emerge from all these changes more
productive than ever. The United
States will operate with the EN-
cheney Of a totalitarian state but
with a more nearly complete democ-
racy than ever before.
That's the picture OF coming
events as Rosenstiel sees them.
Evening star., 1941-07-14
Auto Output Drops
AS Model Season
Nears Close
Demond Also Shows
Toperine OF in Many
Trading Areas
By DAVID J. WILKIE,

AttoClaIed Pres AUTOMOBILE EQl' OF.
DETROIT July 1.-THE taper
ing OF Of motor vehicle production
that marks the approaching end Of
a model year has begun in most Of
the car manufacturing plants.
Contrasting with the 100000
units-a week production that pre-
vailed for the greater part of the
194l model year, assemblies last
week totaled only 1l4,3l8 cars and
trucks and indications are that this
weeks aggregate will show further
leveling off.
Several of the smaller producers
and the Lincoln division of the
Ford group have concluded l94l
production. While some of the
major producers have projected as
semblies right through the final
week of July, they probably will be
on steadily narrowing basis.
Others are expected to finish this
years model work during the third
week of the month.
Demand Decreases.
Although retail demand is con-
siderablv above the level usually
experienced so near the end of a
model period, it has shown taper
ing-off tendency, too, In many
trading areas. This has led the re-
tailers' association TO stress its
drive 10 persuade dealers to cut
down on trade-in allowances. which
1t maintains attracts some addi-
tional sales, but jeopardizes the fu-
ture of many OF the industry's mer-
chandisers.
Car demand has been so steady,
however, that neW-car deliveries still
are subject 10 delay in most sections
OF the country. In the used-car field
the turnover has been somewhat
heavier in few areas and spotty in
others. In the aggregate, dealer
advices indicate, the liquidation OF
used units accepted in trade has
been satisfactory.
Reports from some centers in
dicate -stiffening tendency in
the used-car market. presumably in
anticipation Of shortage of new
car deliveries after the end Of the
current model year.
The Automobile Manufacturers
Association in statement prepared
recently for the House WAYS and
Means Committee considering ad-
ditlonal automotive taxation made
the interesting assertion that fully
half OF the Nations motorcar owners
earn less than $50 a week The point
was advanced in connection with a
proposal to levy IS annual tax on
the use OF automobiles.
Value Is Questioned.
The statement questioned the
value of proposed excise tax on
used cars as revenue producer.
pointing out that there was no
machinery for collecting the tax and
added that motor vehicle operators
now pay more than two score special
taxes TO State and local govern
ments.
Authoritative estimates OF car and
. truck production from the start of
the current model year last October
up until today place the figure at
approximately 1880 900. This indi-
Gates the industry may barely reach
the 100000 earlier estimated as
the total for the 1s4l model year.
Evening star., 1941-07-14
Argentine Exports Cut
Sharply Below 1910
Py the Associated Press,

Rg Inc Associated ffeet
BUENOS AIRES. July 14.-A de-
cline of so per cent In volume and
81 per cent in value Of Argentine ex-
ports during the first six months
of 1941 compared with the same pc
riod in 1910 was reported to the
Ministry of finance by the National
Department of Statistics
Volume was 3171 900 tons against
6.370000 tons the first half last
year, while value declined from
925.Ol2 900 pesos (about 1920 24o95o)
TO 730 ,446 900 pesos (about sl73,9l5.-
7l0b.
The decrease was attributed IN
part to a shortage OF shipping facil-
tiles on account Of the war and a
decline in the sales OF such products
as cereals and linseed.
Evening star., 1941-07-14
Plant Has No Windows.

Bomb-proof: General Electric is
erecting Z one-story. windowless,
"blackout" factory at Everett, Mass,
for the manufacture Of supercharg-
ers for military airplanes.
The entire manufacturing area
OF 225,000 square feet will be uni
formly lighted day and night by
the newest OF fuorescent light
which comes nearest to duplicating
daylight. The entire building will
be aforementioned 50 that on the
hottest days of summer the tenn
perature will be at least u degrees
cooler inside.
The company says the building
will be completely blacked out and
invisible from the air at night. The
roof Is adaptable to effective cam
outage for daylight protection.
Evening star., 1941-07-14
Reichsbonk Statement

BERLIN, July II tR,.-The Reichsbank
statement as Of Julv compared with that
Of June 30, showed lin Thousands oi
reich smarks,:
Gold and forsirn exchange. 77,%44; de-
crease, 2n6
Bills Of EXCHANGE and checks. 1s,I02. .0ss:
decrease, 155. $50
Securities, l2,4a2; decrease. 3,S23
Other assets 1.5s2,2s5 decrease. 2a7.-
Circulation. 15,441,44s: decrease, 49,
sisht deposits, 1,o7e,ps7: decrease. 1e3,.
Reserve ratio. O.5O Der cent.
Bank rate, g.. per cent
Evening star., 1941-07-14
In the Business World
America Looks Aheud to Postwar Period,
Some Analysts Expect No Slump
By PAUL GEsNER AND JOHN BEcKLEY,

NEW YORK July 4American looking ahead AT few times in
history been looking into the future searching for the
o
will
after the Families
in livelihood
Store defense communities count their dollars
long their business last? Will they have
of work?
Will initiation Of
Evening star., 1941-07-14
Consumer Looms Set
New Record in Nav
By the Associated Press.

By the Associated Press
The Commerce Department SAYS
that outstanding consumer loan
balances Of industrial banking COM
panles amounted to 1901 SOC. 900 at
the end OF the May and were the
highest ever recorded.
The figure was an increase Of II
per cent over April 80 and was 10.l
per cent higher than on May 81 a
year ago.
Loans granted during Nav
amounted to s52.50o 900, an incrase
OF IT. per cent over April and 80
per cent over May, 1910.
Evening star., 1941-07-14
| Retail Prices
Sharply Higher
IDurinq June
By the Associated Press.

~ lHe hssOClAleO fIcsb
NEW YORK, July 1.-THE ad-
vance of retail prices during June
is per cent, was the largest OF any
month since 1888. Fairchild Publica-
tions reported today.
The Fairchild retail price index
on july l stood at 97.7 per cent o!
the January, 1881. price level. a gain
of So per cent over July /. 1870, and
99 per cent above the figures OF
late 1889. when the present upward
trend began.
Every item on the index-except-
ing women's underwear and shoes
moved higher during June. The
measure embraces wearing apparel
household goods and appliances
Home furnishings and piece goods
showed the biggest advances.
Evening star., 1941-07-14
Boston Wool Market

BOSTON. July ~ LP, ~ 8 Dept Of
Agriculture) Trading wool was SLOW to-
day in the Boston market Small lots
were selling occasionally. but there was no
call for large Quantities Fine delaine
quantities 1T 42-44 cents, in the grease
Short to AVERAGE French combng length
1ne territory wools in original bags were
receiving = little demand at 1.00-l .02.
secured basis
Evening star., 1941-07-14
Clearing House Issues
Report at New York

By the Associated Press.
NEW YORK. July l4-The We
~ statement of the New York Clea, :
ing House showed:
Total surplus and undlvldc :
profits unchanged at $3.50, ,480,600
Total net demand deposits (aver-
age decreased s42 ,581 900
Time deposits average increased
$l8.56l 900
Clearings week ended Friday.
SO 800 .329 300
Clearings week ended July J (five
days, s3,534 307 ,2O3
Evening star., 1941-07-14
Porcelain Shipments Up

May shipments. Of porcelain
enameled products by 90 manufac-
turers were valued at S5.480, ,276 and
brought the five months total tc
$25. .40l, the Census Bureau re-
ports. The comparable figures TO,
May and the first five months OF
1910 were $3,593, ,672 and $l7,l54,472
Evening star., 1941-07-14

paid so far This year. Paid last year.
Quotations furnished by National ksso-
ciatlon OF Securities Dealers, Inc, which
states tney do MOI necesss yily reflect actual
transactions arm bids offers, but
should indicate approximate prices.
Evening star., 1941-07-14
Odd-lot Declines
~ the Associated Press.

The Securities Commission reported to-
lay these transactions BY customers with
0dd-lot dealers specialists ON the New
York Stock Exchange for July II: 1,420
oaiss involving 34,741 sharex including
81 ahort sales involving IA shares.
Evening star., 1941-07-14
London Tin Prices

LONDON. July II iP,.-Tin steady spot
f25s los bid, s25S 15s asked; future, S2e1
5s bid, 1851 los asked.
Evening star., 1941-07-14
FOresees New Centers.

No one knows. No one can pos
sibly know, but some analysts be.
heve they have good clues as te
what We can expect.
Dr.. Walter s. Lands, vice presi-
dent of American Cyanamid Co.
thinks that defense communities
will not become ghost towns. In
creased population in these areas
Lands believes, will make them
powerful enough politically to bring
pressure to bear to retain indus
try there. A dozen new industrial
areas will grow out Of the arma-
ment boom, Lands predicts.
Evening star., 1941-07-14
Washington Exchange
AFTER CALL.

Capital Traction 1st 5s-S2,0 900 at
1o3s., 1000 at 1o3a4, 1000 at lo3A
Garfinckel pfd.-4 at 26A.
Evening star., 1941-07-14
Steel Quotations

NEW YORK. July "A P.-stee
prices, per 100 pounds, fob. Pittsburgh
Hot rolled sheets. base price, 210
Galvanized sheets, $50
Steel bars, 4lb
Evening star., 1941-07-14

2OF o
postwar America?
Every one has a stake in the
America Of tomorrow. What will it
be like?
Evening star., 1941-07-14
London Bor Silver

LONDON. JULY IA fPi Bar silver %
Up IL. ,Eo1iva.ent 422s oents)
Evening star., 1941-07-14
U. 5. Treasury Notes

NEW YORK. July IA p Prices ouoted
in dollars and thirty seconds
Evening star., 1941-07-14
United States Treasury Position

- Nho Aaaociated PreAS.
The position Of the Treasury
Evening star., 1941-07-14
Insurance Stocks

NEW YORK. July "a LP-National
Association Securities Dealers, Inc:
Evening star., 1941-02-16

which will close on Washington's
birthday anniversary.
I'm these dark days, every citizen
of the United States should thor
oughly understand the basic princi-
pies of our free Government and
the vital need of building with ut
most speed national defense ade-
quate to maintain our liberties" she
declared.
The D. A. r, she added, has
consistently stood for preparedness
during its half century of existence.
Evening star., 1941-02-16

secure" said Mrs. Imogen B. Emery,
chairman of the National Defense
Through Patriotic Education Com
mittee.
The D. A. R., Mrs. Emery added,
believes all these rights to be fun
damental American privileges to be
maintained only by the acceptance
Of responsibility for the preserva-
ton of the Constitution and for a
national defense adequate to safe
guard these freedoms"
Evening star., 1941-02-16
Medical TechnoIogists
Elect Miss Hawthorne

Miss Frances Hawthorne, graduate
of Childrens Hospital, has been
elected president Of the District of
Columbia Society of Medical Tech
nologists, it was announced today.
The new president, who attended
George Washington University. is
employed in the office of DR.. William
Gerry Morgan, 1901 l street NV.
Evening star., 1941-02-16

Statements from other D. A. r.
leaders stressed the Importance Of
the Bill of Rights in maintaining
the American way of life"
THE articles of the Bill of Rights,
which reserve to the people other
rights not enumerated in the Con-
stitution, and reserve to the people
and the States powers not delegated
to the Federal Government, are fire.
quently overlooked by groups which
stress democracy and ignore the in
strument which makes these rights
Evening star., 1941-02-16

The society she will head for ne
next year was organized in 1889 10
raise the standards for various teeh-
nical workers in the clinical fe-
search. public health and hoSPit1,
laboratorie 1t was affiliated Wivi,
the American Society Of MeoHai
Technologists last year and grsfseu
charter. Scientific meetingS,1 aS
which new laboratory methods slo
presented by outstanding men in Ffle
medical field, are held monthly
Evening star., 1941-02-16

men and this increased to Al 900 on
July /, 1910, and an estimated $4,000
at present.
Col. Donald H. Connolly, admins
traitor of civil aeronautics. said yes
terday 10000 now are being induct-
ed into the third and final session
of the 1940-1 c. A. A. training pro-
gram. The courses this spring are
being enlarged to include training
in night flying and charting courses
as air line co-pilots must do.
Evening star., 1941-02-16
D. A. R. President General
Pleads for Defense Aid

Mrs. Henry M. Robert, jr., pres
ident general of the Daughters of
the American Revolution, yesterday
urged citizens to do everything pos
sible to aid the national defense
effort, as she called attention to OBJ
servance of National Defense Week,
Evening star., 1941-02-16
{. A. A. Predicts 100000
Certified Pilots by June 30

BY the Associated Press.
The United States will have 10O,-
900 certified pilots of all ages by
June 30, the Civilian AeronauticS
Administration estimated yesterday.
At the beginning of the civilian
pilot training program in February,
1899, there were 23,236 certified air
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
Furniture Household Goods Furniture Household Goods

A SPECIAL on our WARD DE LUKE. al
new, Broom outfit includes 2-pc. Twins
room. exi2 rug lamps tables, 5-pc d.
ncte, 3.pc bedroom chair and lamps
ecrptgtr SOS terms WARDS Outlet
7i3i Harper, 1910 Harper
A USED 2-pc. living room suite and 3-pc
bedroom suite. excellent condition. sacri
fee for cash WARD S outlet 7f34 Harper
NEUTRALITY-SUSPICIOUS.
Living room suite S34 so up. 2-pc mo
hairs velours tapestries. frleZettss, etc
oVsE- so patterns to choose. Long easy
terms. General open ewes till ?. m
$685. GRAND RIVER
-..-.l.s Aus 4Dl l.y.4l-- Zee
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
Income Bungalows for Sale

CHERRYLAwN-S2 plus rent makes pay.
rnents, reccndi'iOnec move n. 3401
Puritan tnversfy $3.50.
GRATlOT VAN DYKE section 3 rooms
and ba'h down ? furnished Housekeeping
apartments up. steam. Good investment OF
por'unity Gross monthly income 500
Price only SO 900 81 500 down. Acme, $500
Grattot
HURLBt'T -HARPER-New Bricote siding.
five rooms down. three up furnace. So
900 terms Acme 1909 Grattot.
CONSULT the enlarged Real Estate lis,ings
IN me BIS sunday Times Want "a
Section
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19

PLUMBING. HEATING - Installed. re-
paired. remodeled; three years TO pay.
H0garth 1887.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19

Plumbing installed; FLA
terms BEDFORD Ts5i
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
FREIGHT CLAM WAREHOUSE

FREIGHT claim warehouse. Unclaimed
merchandise Reasonable. 2T2f Liver
nos Michigan Central Car Shop.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
Board and Room

BLAINE SO oufortsels modern home
for elderly people Ressonan,e Te.eph1l re
service
LYcAsrE 2ist-tBaess ClDseI Hld-
som private home two grrfenel
Nurraf f30f
PISGREE ail Har.ito- Cheer, front
room Old fashioned meals Madison
1859
PINGREE -T0i-Ameuca1 home. twin
beds dsy workers laurcrg. 7 ,er
l-I112
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
Apartments for Rent
Furnished
Hotels

Detroit's finest residential hotel; . 70
Tooms Burns drive, out East Jefferson
IL. 1000.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-09-19
SMITH-ORR co.
Store and Office Equipment

SODA FOUNTAIN ana complete eonfec.
ti0nery fixtures: good condition. 1Oso
Michigan. Lafayette esaf
WALK IN cooler. ks, cigar counter rea.
sonabie. privately owned. VInewood
l1-fl7o