davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Indexes Down

Plainly there was general
disturbance of Sentime n I
throughout the business world.
Even some Of ~the weekly in
dexes" OF business activity re-
acted slightly
War fears were the outstand-
ing factor. These centered
around the bad shipping losses
and harbor damage sustained by
Britain. The Balkan situation
remained disturbing.
For the rest. uncertainty con-
corning labor troubles and taxes
were beariSh factors. The
threat Of government operation
OF AllIs Chalmers on account Of
a prolonged strike affecting war
supplies did not help sentiment
any.
But note this. The price Of
Alhs Chalmers changed. There
is not the slightest indication
that the government wants to
seize the plant. In fact. TO have
the army open IL and keep IL
open in the interest of defense
would be a blow 10 labor more
than anything else, and / believe
YOU will find labor leaders
recognizing this fact.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Others Follow Move

Numerous other outstanding
corporations and insurance COM
panies have similarly been inn
proving their technique for
counting things and accounting
for them to the true owners OF
the business. When all compa-
mics do likewise these reports
which involve coinage of a new
language for the business world.
will in their cumulative effect
90 far toward ending the eco
nomic illiteracy in the United
States" about which the late
Frank A. Vanderlip. one-time
president OF the National City
Bank Of New York, used to
worry.
This modernized type OF re-
port is more than good public
and industrial and stakeholder
relations. II is a reinterpreta-
ton Of the modern corporation
in social and human terms. 1t
involves reclassification of &C.
counts in a manner that meets
the issue of contemporary social
debate. AS by-product. il
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Farmers Market

APPLES Delicious fancy 50 hu.: No.
!. 81 Loo I Is. Greetings. No. l. 7Sc n
Si.25 bu.; No. ?. 40 SOC; Jonathan. fancy.
81 f01 l.50 bu.: No. /. 9Oc n S1.25: No. 2.
l. 81 sii.75: No 2. 7sc Isl Mcintosh.
No ? 75cT 81 wseners No. j StG1 Is
ou: steels Red. fancy, No. 1, S1.75sii. s.
bu. No. ?, 81 bu.
FRENCH .ENDrvE-No 1. si5odi75
5-l6 box; No. ?, 75e4s1
BEETs-No. !. 400 6oc
CABBAGE-No. /. s5c6 81 hu : No. 2.
50 ,5c Red Cabbage. No. /. $50 oc ou.
cARRoTs-No. I. .soa75e bu.: No. ?.
EGcs-Large s7.2sa7.75 so-doz. case;
HoRsEKADIsH-Fan fancy. $3.50 bu. 70
l, So 5on3 bu. NO 2. S2G2s5.
LEEKs-No. 1. to1 soc doz punches
oNIoNs-Dry. fancy. COCO 81 10 5o-lb
PAISLEY ,RooT@so = use bu. wv
PARsNIPs--No. 1. eoa 75c bu.; No. ?.
,PoTAroEs-Fsney. soc bu.; No. /. 50
q NO. 2. 35F50c.
RADlsHEs = Hotnouse. SO8soe dozen
RHUBARB - Hothouse. fancy. 20 n $50
sab box; choice. zoe; small. 500 soc DOZEN
RuTKfEoHs-nSso- f. -7ss.-,
sQUAsH-Hubnard. No. 1. 81 259 rs
TuRNtPs-Fsney. slai rs; no I. sou
poe. No 2 65c
VEGETABLE oYsTBRs--No. /, son 7sc
dozen lunches
PouLrRYTHens live. hesvy breeds Fl
heavy. 22a 25c u ducks. i5aisc; geese.
HoGs-pressed. rsuisc u.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Detroit Produce

APPLES. Michigan. Plain. bu crates
Delicious. 81 .25a1 50; Mcintosh, Sl,35W
color. si2S: Baldwins. soc q 81: ordinary
Ito fair quality and condition, so u coo
Steel Reds. $3.50.
ASPARAGUS = California: pyr. crates
quality and condition. $3.50 some low as
S1.75: / doz. punches fancy, S3.25M375.
extra fancy. S3.75H4; fair condition.
s3.25; select. So. 75g425; fair condition,
AvocADos-caufornia 1ss-3os, $500
80; fair quality. S12511.40.
BEANS = Bushel hampers Bountifuls.
generally good quality. s4259525
BEETS--Texas: h-crates s1.25T1.4o.
BRoccoLI-Pony crates. 1882 lunches
California, s3g $50; Texas. $3.50 $50;
cABBAGE~Los Angeles crates Round
type Texas, s9.2o9375; a crates N.so
cc;SSRRors-Los Angeles dozen Cali
fornia, S2.T5n2.s5; Texas dozen. 81 $50
$50; 7 dozen 81. ioQ2.5o: "a crates
cAuLIFLoWER-Pony crates 12s and
larger California. S1.90 2 90; fair quality
and condition. 81 5oq1.I5.
CELERY -lo-inch crates trimmed tops
Pascal California. 3-dozen. SO. so; Florida,
3-dozen, S313.25: s-dozen. s3a 3.5o;
s-dozen 325H3.T5. s-dozen. So. 65Q4;
iV-dozen. s3s5@s ks. ss.25m375.
LETTUCE-Los Angeles crates Iceberg:
Arizona Yuma 4-dozen. 81; 5-dozen. S5a
425.
ONfoNs-so- pound sacks u 8. No. /
Sweet Spanish 3-inch and larger; Colorado
$3.50; Utah, N,sog2; ordinary, TO far
quality. S1.251 IS. Michigan U. S. No
Yellows. COS roc; 2-neh sr1 fz7I--ri 70 =
zoe: 2is Inch minimum, si.15T125-
PEPPERS y -bushel crates, California
Wonders: Mexico. fancy large size. IS
Florida, California Wonders fancy, san
4 so: choice, S2@3; Ruby Kings, fancy. "a;
choice, 81 1913.
Russet BUrbanks. Idaho. washed. 81. $50
1.s5. No. 2, 81 $50 lao; 1e-lb. sacks. 7. s.
No. /, Russet Burbanks 20T2le; various
varieties Maine. 100-lb. sacks, 81 40 n ]. 50 ;
1h-lh. -sacks.Axarious varieties. " n n CSC;
100-lb. sacks si.s0Gl.s5: Sob. sacks. 81
m1.l0; Michigan. US. No. !. Upper PENN
sula Green Mountains, i00-lb. sacks, 81. rs
Obs: l5-lb. sacks. 2ic; other varieties.
MTcn1gan. ton few safes to euete-- Ae.r
washed. Triumphs, 81. rs n so fair 20 gen.
orally good quality s1.65n1.70.
NEUTRALITY-SUSPICIOUS. 50-ib. cases. hot
house choice, SI75W2: fancy. s.. 50 43;
extra fancy. SO So
RUTABAGAs-c anada. 50-ib. sacks.
waxed. 75ds5c
sHALLoTs-Louisiana bhls 20-dozen
punches. ss.5ogl1; crates, dozen, s2.5o
sPiNAcH-Texas. bu- baskets. Savoy
SWEET PoTAToEs-Bu crates, US.
No. /. Porto Ricans, Louisiana. 81. so II
1.s5; No. ?. 81 so; Texas, 50. generally
good quality. s1.701f.75; New Jersey bu.
hampers, US. No. l. Jersey type. 81 rs.
ToMAToES-Repacks. lob. cartons.
S120Il25.
STRAWBERRIES Florida. mint crfs
Missionarys. Ssn6.25, fair condition, IS. so.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Sales Down

Stocks have never again been
as low as they we're in 1882.
Few people are now buying.
Purchases on the New York
Stock Exchange to date this
year have not reached, 30. 000, 900
shares. contrasted with more
than $500, 900 for the same Pc
Rod a year ago and $4,000, 900
to the same date in 1889.
Obviously, we are in a period
of non-buying.
Another fact: In every year
since 1892 il would have been
possible to sell stocks. purchased
at today's average level. at a
profit.
Is not this an extraordinary
fact in view of the notable rise
in industrial activity and en-
plovment since 1884?
If stocks were entitled to
reach a higher point that year
than their current level. surely
the reasonable prospect is that
they will not long continue to
drag along on their current
basis.
Stock quotations at this mo-
ment are based less on facts
than on fears.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Bearish Factors

First. then. let US consider the
more beariSh developments
which indicate the less favorable
market action. together with
the explanation. These may be
listed as follows:
Most stocks failed to maintain
the line of rising bottoms, either
By declining for three days or
by merely moving sideways.
Most stocks failed to go
through the upper resistance
level of the recent trading
range.
More new lows were made
than new highs.
The leaders showed no signs
OF strength.
a ma ority Of the stocks
traded in each day showed de-
clines on each of the last four
days, the majority becoming
progressively larger on Wednes-
day. Thursday and Friday
Bids were lowered sharply in
many cases and were placed far
below closing quotations.
The market for corporation
bonds rounded off. and declined
al the end.
Commodity prices turned
mixed and rcaCtionary toward
the end Of the week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Feb. Auto Sale
Set al $4,000

New passenger car registrations
during February in the first Is
states reported for the month show
gain of % per cent. compared to
February. 1910, r. L. Polk & Co.
announced today.
Total registrations for the month
are estimated by Poll al $4,000
units on the basis of the returns
from the IS states representing 81
per cent of the country
While indicating a heavy gain
over last year. the figures show a
decline Of Al per cent, compared
with January. which set a new all
time high for the industry.
New truck registrations in is
states show a decrease of only 2
per cent compared 10 January and
represent a gain Of Isl per cent
over February year ago.
Truck registrations for the
month are estimated at $4,000
units.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Markets Action
Disappointing
Over Week
Ry LEWIS HANEx

Professor Of Economics. n. Y. University
There is no sense in denying
that to most observers the ac-
ton of the stock market last
week was disappointing. 1t did
not carry through" the sugges-
ton of a rising tendency that
had developed during the pre-
eeding weeks.
1t should be remarked at
once. however. that in such I'M
certain times as these, such ir-
regularities and hesitation are
to be expected. Even minor
setback may De required TO cor
rect a false start. Such gyra-
tions- haze little hearing on the
eventual major movement.
About all that can be said Is
that the averages last week lost
most of Sthe small fractional
gain of the preceding week.
Neither amounted to much.
Thus no definite conclusion IS
possible on this score, except
the negative one that any signs
of an upward trend have been
lost. The market lost the little
momentum which had appeared
on the upside.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Chevrolet Dealers Here

Registration of IS Chevrolet
dealers from nine different
regions throughout the country
opened the convention here to-
day of representatives of Chew
rolet's $500 dealers from coast
to coast. They will meet here in
a two-day session. comforting
with William f. Holler. general
sales manager. and his staff, on
retail plans and programs.
Operating 2. the National
Dealer Planning and National
Dealer Car committees, these
groups represent dealers in their
RESPECTIVE dTgay- * large per-
centage of the recommendations
suggested by previous dealer
committees have been incor-
porated in Chevrolet factory.
dealer relationships.
A banquet at the Book Cadil-
lac Hotel tonight and business
sessions today and Tuesday will
round out the program. with
review of Chevrolet's latest
mass selling films scheduled to
climax the conference Tuesday
afternoon.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Pacific Mutual
Assets at Peak

With an increase in assets OF
Sc, 5S5.sl9 during the last year.
the annual report of Pacific Mu-
iual Life Insurance Company for
1910 was published today, showing
S247, 124.T94 in total admitted as
sets. representing an all-time high
and rejecting substantial gains in
all OF the company's principal
operations.
Payments 10 policyholders and
beneficiaries for the year were
S2l l53. 257. while total insurance
in force increased TO 1857 500. us.
Capital, and corporate surplus now
aggregate Sc. LOB OBJ. with the adj
dition Of sos, l07 from surplus
earnings in 1870. while investment
contingency reserves total S3.479.-
925. Policy and claim reserves
now stand al S227 357 1893, having
been further augmented to the eX-
tent Of S5.0l5 400 last year.
In the report 10 policyholders,
A. y. Kemp. president. pointed out
that policyholders now number
approximately $50 0O0. residing IN
every state in the union, and that
during 1910 1880 people pur-
chased insurance. representing
more than S37. OO0, 600. or a gain Of
Y per cent over the volume of
business in the previous year.
r. Walter Albachten. head Of
the Detroit general agency, re-
ports that his group advanced
from tenth place in 1929 10 sixth
place in 1870 among the general
agencies throughout the United
States. This j. the best showing
the Detroit agency has made in
10 years. Production honors went
10 y. A Herberts, r D. Nickolis,
and A. W. Saunders, in the order
mentioned
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Brighter Chance

But it is also possible that
the March ) low may yet hold.
That should be known in a day
or twoD Anyhow. don't forget
that there is and has been a
great deal of bearishness, and
that no one seems so bearish as
the "sold-out bull" Gle wants
prices down, so that he can buy
cheaper.1
As yet. volume indications are
not unfavorable. for the market
has turned duller on the reac-
ton and the group of most
active stocks has done relatively
well.
The railway stocks have held
relatively steady. Utility pre-
ferred stocks. though showing 4
natural technical reaction, look
good for further gains.
My preliminary estimates for
first quarter net earnings look
favorable.
i. for one, think that we are
much nearer the end OF unsound
New Deal experiments than the
beginning. I believe that we
are much nearer TO the bottom
Of the market than TO the next
top.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
To $2,725 in a Year

One year later a checkup dis
closed that the $40 worth had
reached a market value of
S2,725.
Even after the unprecedent-
edly prolonged depression, an
analysis of the original list. made
by an expert. finds that they are
today worth S1.190. This not
withstanding that quite num-
Der of the 1882 stocks have since
become worthless.
II may be interesting TO note
the recovery made by some is
sues. Electric Boat. then /, is
now Is: Zenith Radio. then "a,
is now Ia; Celotex g: Mcclellan
Stores 6ia. National Department
Stores 5la, Wilson & Co. 5, Wal
woI tn 5. Armour of Illinois "A"
Az, Certain-teed Products 4.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Auto
Graphs
studebsker Chief
Sees Challenge in
Defense Priorities

Although defense is the auto
mobile industry's primary con-
Germ. priorities andoshortages Of
materials do ret predict an in
terruption in the production OF
motor cars, according 10 Paul
&. Hoffman. president Of the
Studebaker Corporation. Rather.
they simply mean a new chal-
lenge TO the ingenuity of the
automotive engineer, Hoffman
said.
Defense needs may alter, but
not strange, the nations ears"
he stated "AInminIim pistons
may give way to cast iron, but
they'll be excellent pistous.
Radiator griifes may not be die
east, but the will be just as
full of glitter Body sections may
he welded by a different process
but they will be as strong as
sturdy, as sleek and streamlined.
AS long as we have steel,
well have automobiles. con-
tinued Hoffman Defense needs
are going to make new demands.
are going to make the engineers
work harder. Wen have to make
changes in designs, production
machinery and the cars them
selves. These things won't be
simple to accomplish, but they
are not too difficult. Engineers
have been faced with similar
crisis for years; it's just part
of the job, an everyday problem
that can be licked.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Crosses to Rise

Unquestionably most of our
leading industries will do SUBJ
stantially more business this
year than last year. Record
breaking sales will be the rule
rather than the exception. Gross
EARNINGS. therefore. will reach
new heights-indeed. new heights,
are already being attained in
various directions. 81
Employment cannot fail TO
expand still further. Railway
traffic cannot fail TO gain in
volume. Utility companies cam
not fail 10 experience unprece-
dented demands for current.
The prospect is that money
rates will stiffen at least some
what and that this will make
the lowest yielding corporation
bonds less attractive.
Equities, on the other hand.
stand TO benefit. especially since
fear of initiation is spreading due
to the governments breath
taking spending program. the
increasing demands for higher
wages, the advances already APP
pearing in various commodities,
raw materials, merchandise.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Livestock Markets

w null
CATTLE Receipts l 500. market Ae-
tive. choice % prime yearlines. drv fed,
SIf.T 1912 50: good 70 choice yeariinEs.
dry led. Sio 50g 50. chonce 10 prime
heavy steers. dry fed xil 25H i2.35; good
- choice heavy steers. dry fed. Sio25m
Il: fair 70 good heavy steers, dry fed.
Sadi0 good butcher steers and heifers.
SIS 500 9 So. fair 10 good stesrS and heif-
ers. $50 n 5 50. common butcher cattle. S.
- best cows 81 25a 725. good butcher
cows. So "a 4. 80. cutter cows x5.50m6. can
ners cows x4H 5.25 old rims. So so down; .
best light butcher bulls. S75ons: best
heavy weight bologna, S7.251s medium
weight bologna bulls. Sc. SOH 7.2a light
common bulls IS n $50. stock bulls. $3.50
. 8 so. good 70 choice stockers anf feed-
ers SsaiI: common 10 fair steeker and
feeders. Seq7.So; mixers and sfringers.
$50 %
VEAL, Receipts. poo: market
steady. hest calves. Si3 50; fair 70 good.
sil soai3 seconds, S9.5oq II. eulls and
common S6ne
SHEEP, AND LAMBS Receipts 1000:
marker steady: est lambs. fi25 = IL 80: .
train iauihs. Sii75. far % good. $40. so .
Il. seconds IS s0aa75: skins. S417.5o.
best sheep. sos -: heavy fat sheep, 81
rs cuiis and common. 81 so so.
- HOGS Receipts, = 600; no quotations
AVAILABLE
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Steel Situation
CaImer;; Sales
Top Feb. Peak

CLEVELAND. O., March pa
Steel sales of both makers and
warehouse distributors are run
ming ahead of February despite the
fact that that short month was an
all-time high for volume. The
situation comes outwardly
calmer as consumers become rec
onciled 10 scarcity and belated de-
liveries, while many civilian prof.
ects are abandoned until more
favorable times.
Several groups planning to set
up new companies, such as. ware
houses or Woodworking concerns,
have given up plans because OF
policy of steelmakers to take on
new customers, says magazine
Steel.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Forbes
Many Stocks
At Low Prices
Are Attractive
BY b. C. FORBES

The best time 10 buy stocks
is when others don't want TO
buy. The best time TO sell is
when everybody wants to buy.
All experience proves that.
This column at the end of 1882
gave a list of II stocks listed on
the New York Stock Exchange
costing 1920, for 10 shares
each. at the height of the boom.
which could then be bought for a
total of S470 (excluding brokers'
charges in each easel.
The compilation in I'D d
every stock selling at 81 or less
-"cats and dogs The opinion
was ventured that those having
the courage To buy these penny
stocks will be able 10 pocket a
very handsome profit within the
next few years" The warning
was added that doubtless many
of them would vanish into thin
air. Therefore. very wide diver
sificatfon was recommended.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
New Radiator GriIIes

I'VE have heard. uBefficiaiIy,
that zinc priorities will be orr
dered," he went on. THAT
might mean new radiator grilles,
perhaps grilIes made of steel.
That wouldn't be a heart-break-
ing change; many engineers
don't care for the garish grilles
anyway. Moreover, they will
make grilles of steel and chro-
MUM plate them.
They would look just as
bright. They might have to use
plastics for interior hardware,
steering wheel spokes and any
number of things. Why not:
Plastics are splendid materials
and they look beautiful.
Maybe the industry will have
to change from tool steels based
on tungsten to tool steels based
on molybdenum. Okay, we can
do IL. We won't have any diff
culties in the long run: just
temporary problems. Magne-
sum priorities have been in
voked, causing CONSERVATION
among the uninitiated, but tho
use of magnesium In cars il
relatively negligible. Engineers
haven't lost any sleep over 1t.
Engineers are trained by
education and experience to
take such problems in their
daily work and solve them. The
public does not need to worry
about its future motoring. As
long as we have steel well have
cars, and better ones, too"
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24

in a simp1ified summary for en-
ployes. is compared with the
voluminous and comparatively
incomprehensible conventional
reports previously put cut one
can well be amazed at the prog
ress made.
Under the old management,
the corporation took pride in
established leadership in HE
bulk of data presented. 1t did
pioneer in creating a custom of
open covenants. openly arrived
at" in the corporate field. and
started such innovations as pub
fishing monthly tonnage figures
on untitled orders.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
M. s. RukeySer:
International News Service Economic CommenfstO
FINANCIAL

tails, and placing all emphasis
on the significant totalities'
rather than on the confusing
minutia. Such intelligent con-
densation and summarization
are helpful not only TO lay outs
siders. but. in my opinion, also
provide insiders with a more
revealing picture of the realities
which they are managing.
In thus making standard prac-
tice out of the new short form
of accounting, which this coll
umn has advocated for half a
dozen years and urged in de-
tailed Specifications in his bro
chure entitled "Streamlined
Financial S tenn en- I s-For
Whom Does Capital Work. ?"
published in July, 1888, the steel
corporation has by the same
token rendered obsolete the
older complicated and confused
accounting patterns.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Commends U. S. Steel
on Modern Report


pierces the haze of confusion
created by MARKHAM propaganda,
and tells the truth about the
cooperative activities in the
modern corporation among crea-
tive management. thrifty own
ers, and competent workers who
fuse their efforts and their sub
stance in order to please their
customers with more and bet
ter goods.
The spirit of the steel report
may be CLEANED from these re-
marks, in. which the chairman
provides a new orientation. lrv-
ing S. Odds, who succeeded T..
r. Stettinius Jr.. as chief execu-
tive, should be commended for
carrying along the new tradi-
ton Of srreamlined accounting.
1.-THE United States Steel Cor
poration,' according TO its sell
description, sis not itself an OPP
Grating organization.
Operations are carried on by
subsidiary companies, which are
members of a great cooperative
enterprise In which the savings
from nearly a quarter of a mil
lion people have been pooled to
provide the tools for the crea-
ton of wealth In the-fefm Of
iron, steel and other products.
The tools range from tiny and
Infinitely delicate laboratory de-
vices through manufacturing
plants. mines, railways, steam
ships, warehouses and hospitals,
to the common implements
which are usually classed as
fonls
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
Mixed Forces

The forces governing the
market are much mixed eau
ton is still necessary in buying.
indeed, Il ffrttfe further reaction
here would be quite logical.
The chief point is that there
is now no indication that
sustained advance has yet begun.
4 definite and we'll established
upper linn. has developed; while
the lower limit set by the mid
February bottom is IL TO 3
points down. with some chance
that il may be tested" Such is
the attitude one should take
toward buying now
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
GIN Stockholders
Set Record

Ownership of stock in General
Motors Corporation during the
first quarter of 1941 was more
widely distributed than at any
period if history of the corpora
ton.
During the first quarter the
number of General Motors stock
holders increased 10 410.542' from
394 e2s in HE fourth quarter of
1910 and 393,307 in the first quar-
ter of 1910. Total was made up
of 3S9,270 holders of common stock
and 21.272 preferred stockholders.
In the fourth quarter of 1910
there we're 376,565 common stock
holders and 21.363 preferred.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-03-24
u. 5. Steel Profits
0nArms0rders
At 1O2 Million
International \. , service wire

NEW YORK, March "a. - The
role played by the United States
Steel Corporation in the nations
defense program and aid TO Britain
was disclosed today j. the corpor-
atoms thirty-ninth annual report.
The corporations net income
jumped from S41,119,934 in 1899
to S102,211,282 in 1910, Irving ).
Odds, chairman Of the board of d.
rectors. revealed.
The United States Steel Corpor-
alton. he said d. lis, building de-
stroyers and cruisers; il Is
developing additional armor plate
facilities to meet the requirements
of the naval and military expan-
sion program: il is producing shelf
forgings. un o a d d shells and
bombs of various sizes"