davidaulloa/AmericanStories huggingface dataset:
The Nome nugget., 1941-06-16
Strikers May Get No
 Draft Release

WASHINGTON, June - Gov ernment officials were under stood to have discussed cutting down on the draft deferment privileges of men on strike in de- fense industries.
 It was recalled that President Wilson in the World War threat ened armament workers on strike would lose their right to claim defernent under the so-called skilled workers" exemption. Some officials were said to be ex- ploring the possibility that the President under the present draft law could even more drastically curtail the deferment rights of strikers.
 This sort of work or drill' pressure of strikers appeared to be only in the back office talk stage so far.
The Nome nugget., 1941-06-16
Department of Commerce Weather Bureau FORECAST, NOME AND VICINITY

Cloudy and tonight Tuesday slightly cooler with hcen cloudine followed by Tuesday
 Data for "A Hours Ending 100 m. Today Highest temp - 71 Lowest temp = 42 Precipitation Total precip this month = 0 Total 80
 Temp. Humidity Wind Weather l2 Midnight 47 S8 Calm Pt Cdy 8 m ----- A Pt Cdy 12:30 59 58 W8 Cloudy Tomorrow Sunrise 1:04 a. Sunset 10:54 p m.
 One Year Ago Today
 Highest temp = 43 Lowest temp 36 Precipitation T
The Nome nugget., 1941-06-16
CIVIL SERVICE EXAMS

Civil Service examinations for the position described below have been announced by the U. S.. Civil Service Commission. Applic ations will be accepted at the Commissions Washington office not later than the closing dates specified. The salaries are subject to the usual 31a percent retire. ment deduction.
 Electrotyper (finisher), electro typer (molder), stereotyper; $1.32 an hour fer 40-hour week. Ap- pointments will be made in the Government Printing Office, Washington, D. C. Applicants must have completed at least sev en grades of formal schooling and an apprenticeship of five years or five years of practical experience in the trade. In addition, they must show that they have had at least one year of jouneyman experience. The closing date for receipt of applications is August l, 1941.
 Junior clerk, $1, ,440 a year, for appointment in Washington, D. C. only. This examination is open only to persons with specialized experience. Optional subjects are filing and statistics. For the filing option, applicants must show that they have had at least one full year of paid clerical experience, the principal duties of which were the preparation for filing and the filing of correspondence or other office records. For the statistical option, applicants must show that they have had at least one full year of paid clerical ex- perience, the principal duties of which were of statistical nature such as the making of computa- tions, tabulating of data, and pre- paration of charts or graphs. The closing date for receipt of applica tions is July l6, 1941.
The Nome nugget., 1941-06-16
Frank Lahey Is President Of Medical Assn.

CLEVELAND, O., June - Dr. Frank Lahey of Boston took over tonight as president of the Am erican Medical Association with a plea for preservation of democ racy. Dr. Lahey was installed as the American Medical Associa- ton chief in convention at Cleve land. Said Dr. Lahey:
 Tt is my opinion that if dis aster should overtake Great Brit ain it would be more terrible than what will happen to US ii we try to isolate ourselves"
 Lahey said: "We still have to live with ourselves. am con vinced that fighting for damoc- racies has real advantages"
The Nome nugget., 1941-06-16
7,OOO Britons To Train In US.

LOS ANGELES, June - The first detachment of total of 7,0OO young British men to be trained in the United States as Royal Air Force pilots began work in Los Angeles. Fifty Brit ish Air Force cadets, most of them between IT and g years of age, arrived in Los Angeles by what was described as a circuit ous route. They have served a year in aviation ground schools in England.
 The cadets will receive 10 weeks preliminary training in fly ing and 10 weeks of advanced flying. RAF Squadron Leaders Mills and Whitlock will be in charge of the training program at Los Angeles.
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The Nome nugget., 1941-06-16
DR. R. GRUBER, JOURNALIST, TOURING TERRITORY

Dr. Ruth Gruber, journalist and contributor to magazines and newspapers of metropolitan and national repute, is visitor in Fairbanks, on a tour of Alaska Her home is in New York City
 Dr. Gruber is touring the Terri tory in cooperation with the De- partment of the Interior, gather ing data, she announces, for a series of articles on the varied attractions and resources of the country which she plans to re- lease for publication in the near future. After few days she will visit Nome and other more north erly points.
 After spending some time in Juneau and other coastal points of Alaska Dr. Gruber visited An chorage and went to Fairbanks Tn company with Col. O. F. Ohl- son, general manager of the AL aska Railroad, in his speeder, the Silver Bullet. Stops were made at Mckinley Park and other points along the railroad.
The Nome nugget., 1941-06-16
CIO Strikes In A lu mInunl Industries
tBy Associated Press)


 The second walkout of the CIO union members of the aluminium industry tied up six plants of the Bohn Aluminium and Brass Corporation at Detroit.
 Another strike threat came from the huge Consolidated Air craft Corporation plant in San Diego.
 The CIO die casters called a strike and closed the Aluminium Company of Americas plant in Cleveland.
 About 4,000 members of the United Auto Workers, CIO, walk ed out of the Bohn plants even though Secretary of Labor Fran ces Perkins certified the wage dis pute to the Defense Mediation Board. The unions ask a ten cent an hour increase over an undis- SAOSeu wage SCale.
 A company official said the plant has 25 million dollars worth Of Government contracts.
 One plant having a separate wage agreement, is not affected. Stephen Early, secretary to the President, sad there is no pos slbility of immediate Govern ment action in the aluminium strike.
The Nome nugget., 1941-06-16

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The Nome nugget., 1941-06-16
COL. ELLIOTT NOMIN- ATED TO NEW JOB

WASHINGTON, June - Presi- dent Roosevelt has withdrawn the nomination of Col. Malcolm Elliott, of Juneau, Alaska, as a member of the California Debris Commission and nominated him instead as member of the Mis- souri River Commission. Col. FL liott was President of the Alaska Road Commisson for number of years.
The Nome nugget., 1941-06-16
Big Airplane Contract Let
 Consair, Boeing

WASHINGTON. June - The War Deoartnent announced the awar3inq of 2 bomber contracts totallino more than $320,000 .0OO. One. fer S226,00O.OO0 was award cd to the Consolidated Aircraft Company in San Diego. The oth- or, for $95 100000 went to the Boeing Aircraft Company in Seat tie. -
 Both of the huge orders were described by the War Depart ment as designed to further the Presidents goal for bomber pro duction as 500 a. month.
The Nome nugget., 1941-06-16

Save $2.00 by paying in ad- vance for your subscription.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
Y.M.C.A. Tops
Goal Of 300
Victory Dinner
Ends Campaign

Fhal report meeting - ths Y
". c A. membership roundup At
The \. n e. A Monday evening
wss = victory session
The hsrd riding cowboys ~
ported 500 members ~ gosl u
noe ard several cov boys Who have
reports - make could rot es
present..
The nanior section under the
leadership ~ Roysl Lindsi re-
ported IL rev and renewal MEM
hers
Triangle hoys under Clarence
lLsnkyl Lsnglow turned In 40
members and the Rar None boys
under Frank lsAltyl Walters re-
ported lao. the Triangle winning
the contest by a few member, and
q few points
Sven Lindherg one 81 the
Triangle members of the roundup
was the high individual producer.
The second prize man was Harold
Baker. n. Tho high team for
members and points was Franklin
lohnsons consisting Of: Harry
Burns Sven Lindberg. W n.
Rotteher and p. W. Lyons These
boys produced 81 members fer q
total ~ 4ess point. Harry Baker.
jr.'s team was in second place
turning in 81 members with s34e
points. Harry, team consists Of
Henry Dishrow.. Art Linn. Lyle
Morton.
Secretary c. J. Shaw expressed
appreciation on behalf ~ the
association for the fine work Of
the teams and presented member
club awards as follows DIR. l. A.
Drues. 2s-member pin: Sven Land
berg, s-member pin: Harry Baker.
tr. i0-memher pin and Wayne
Miller the first sward. Most Of
the workers advanced their post
ton in the Emblem club but did
not qualify for additional member
pins.
The Tacoma Y. NJ. c. A. EN-
blem club has about 50 members
with Cleons soule in tn. top place
with i27 TO his credit He was
awarded the 100 member pin last
year. Lyle Lemley. boss Of the
outfit, expressed his appreciation
for achieving the goal and dIs-
the workers asking that
they continue 10 work on their
friends and bring in additional
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
Relief At Last
For Your Cough

Chronic bronchitis may develop II
your cough. chest cold. or acute bron-
chitis Is not treated and you cannot
afford 10 take chance with anymedi-
cine less potent than Creomulsion
which goes right TO the seat of the
trouble to help loosen and expel germ
laden phlegm and aid nature 10
soothe and heal raw. tender. infamed
bronchial mucous membranes.
Creomulsion blends beeehwood
creosote byspecisl process with other
time tested medicines for coughs.
II contains no narcotics.
No matter how many medicines
YOU have tried. tell your druggist 10
sell YOU a bottle OF Creomulsion with
the understanding you must like the
wav II quickly allays the cough. per
hitting rest and sleep. or you are 70
aave your money back. tAdy)
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
Are YoUa He4.4sA
S1tAAos>s?

~ ~ saaAssDi ~ = ~ - sssfs
ssSsss 49, = - $1,000 s>s gee sss~ .
sAssss. nsss ps~sss sAss sws - go
Ass ss~sAs . pnUuis 49, fen1ys ~
sss>ssn>.L
= vsfvs ss0lssss1 yosa sso~as -
asp es~ns ssss@s ss.ss~ss 80 - ouHeo
- 80. - rs~ sv>se~ ~ AplaeSaA-
b y - s9sse~s 1850 - . essusnses0
go . Asse~ss sss>ss bo0eln s~a~s-
nss u ssesss1 80 s~~s ssssu fsosvs
sssssssagss ssa 49, a. aSss - p>w
ass1 = ssss 80 bses1s = ~ msessssf
SO - sss>ass -. ~. vsw G1og>s
- An4nnWA s<s
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

England inventor had submitted 10
the bureau a proposed anti sub
marine gun. its principal me
chsnisn wss long wire sntennss
which nosted In the water around
tho gun, firing IL when q rub
marine touched them.
The bureau dismissed the gun
itself a. impractical. But what
about the sntsnnss How about
putting them on mines One mine
equipped with . series OF these
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

octopns-like arms could 40 tbs
work ~ thrss or four Of the tyrs
Of mines then in existence.
This idea ~ss forwarded IN
sims In London. The Hrssish
admiralty. attn sheptieaI. tosh
renewed interest In the Norfh
sea mine b~srviev. Well. asked
Sims. will YOU authorize the
plan N tho United states takes
the Job NJ planting the fisid :
On Oct. n. 1917. Secretary
Of Navy Dsnisls r~eeised .
cable The admiralty kae APP
proved the milne barrier saa
nov confirms approval
The u. ;. navy sent 10 work
A plant vas buili AZ 81 Julian,
Greek. Va. equipped IN load 1000
minss q day. Twsnty.three cargo
ships vss converted for mlns
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

secretary OF the Navy Josephus
Daniels had given Sims his instrue-
tons. President Wilson thinks
there must he some means" he
told Sims. of conveying merchant
ships with men-o'-war or OF bot
Ting up the German submarines in
German waters.
So when Britaln's Lord Jellicoe
told Admiral Sims early in April.
1917, that the British navy could
see absolutely no solution 10 the
u-boat menace. which threatened
very soon tn win the war for Ger
many. Sims suggested conveys
The British had thought Of con-
voys, Jellicoe told the American.
but they wouldn't work. For one
thing. merchant ships travelling 80
Rose together would probably ram
zach other executing the compli-
Gated movements thought neces-
rary for eludtng torpedoes. For
rnother. there were not enough de-
stroyers available for convoy duty
10 make such system practical
TURNING POINT
IN WAR: CONNoYs
Sims bowed To the British ex-
rerience and Judgment. He wrote
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

Daniels that conveys seemed inn
practical. But the subject con-
tinued to weigh on his mind. The
American wsrships had to come
across the Atlantic anyway. he
reasoned. why not let them try
conveying on the way? The Brit
ish soouiesced.
The first experimental convoy
Of = dozen-odd merchant ships ar
rived in England from Gibraltar
on MAY 20. Not ship had been
lost. The following day the Brit
ish admiralty voted to establish a
convoy system.
Now Sims cabled Ia America
To rush more warships for con-
voy duty. There were mot
enough available. The navy
dropped ns other building
plans and laid down a rash OF
destroyers. Tiny sub-ehasers.
built on q bunch when the AL
lies ordered some shoal water
patrol boats early In the war,
were pressed into service.
The thin line that meant stran-
gulation for Englsnd--the rising
line on the graph Of U-boat sink
ings turned downward. Then and
there Germany, whether she knew
II or not. started losing the war.
Not only merchant ships sailed
the oceans in safety. Troopships,
too. During Americas 10 months
at war two million men were
transported to Europe. Not one
American troopship WAS sunk on
he way To France. Not one SOL
der was lost on a transport man
ned by the United States navy.
The convoy system was not the
only contribution the United States
navy made TO winning the first
World war.
just a week after Admiral
Sims had first proposed con-
vows To Lord Jeliicoe. he
preached the second Of Presi-
dent Wilson's suggestions. The
Straits Of Dover were mined
20 keep submarines bottled mp
In the North sea. he told Jelli-
coe. What about finishing the
iobs What about mining the
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

7be uece - lv~ps p<ojnx<e1
~ Grcw1rH = ~ c1n1or1fsve
rrr~s< ht<Hsrx rurppry 4 NJ
1se'ly sas ~ p1un<tna - fe<~r<
r<r<rs f<bxe1p11 - - -
v~s< = fa>sre pnyY~(n oorurllnn
n rr.ns e N>e1 - iho G1munea
trx6ie4 c.. 1ke[1o&
Rcd ss<>9 - porT>a pn1>so1n1
n ~ tree pfoeei4e eu1rr1r>rt y
srnnaa<tnG tNF~aGn ~ Weo1
ceess Lumhe<1eep onn1e>rlluM
r><f'<fr>sl~~ ~ ~ mNpn11 -.
sfes - n t1e In611rx< nnTr1vy
sna riestlss rpe)se4
We n.~e rccsllpv1ete 49, -
sr~1 sr>s evr~1s9 iont. ~11p1 -
No. hsse.- n>r9 seoe>d ~feop
srsns 80 M<u11v ~ bpp(1u1u
~A1<k 1919 su~pe ~ fIyue - o1yly
,sys ~Ds>e 80 carrying vlyu<n
ssnh>s. h1s<n - snos bupNt ~
~ ~ss sslvsop1 sns ne>eeo ~
rse<>.<s1 49, tlmeex ~ -
~ Gree<eT - - - ~ oEpao
o. ~ reme1G1n9 eerrnno ~
p1aes,n9 y re9s1po9 ~ nnn1m ~
frr'as<ssrn - . ~ s1mpev ereps
seaezsae=-aG H=s,ese.szz.s
yno no5o vo61pru4 No. - ~
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

~bAfTtN~~The l7HeTtsHf r<ssz=
iasicHs EoHnllte<. ~nsrh SHAPES
~ Americas Fsdsfstion q LseoF's
reiiev fes TIE eoufnt yesF. fsrnstz
- fh< etss annual ecessnfiea Tue
cav
sers insn 10 rs.riusiuns eers
hsfcrs ths ccaxensien. - ssistIliea
r. mast ~ th< s<seafies seslsetls
snnusi FsreFt ~ wAiss delegates
nnst eofs
Rssnluslons s,ssea u resrh -
fieet rA4ss.isy lrshsfs ens ~ "a
International Lssles osfms = |
Workers enien asallnk 9Th tss
threat Il ansmplNysesal thfenka
impc<i,ians II pfieftti<s against
factories producing ncnsfsfsnss
Kuoas II scaght ereetien ~ .
civilian supply easra "a ehlsh
ishoF waaia ~ represented.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

cfG utNnoR Th= wenens
s~lssv ~ ssmerist Presbyterian
shufxh - m<<t Friday <ft~Furen
- tie hc-rs a Ma John g111-
nae 81 wsens Ns>< Cars ker~
fsm<iss. ~ - 30 fstsfs<s
frem - sssEs n chses. I'll -
shs speaker
Me- LEA ssEls stif - ka~<<ss
- 10 ftsr<<h<.a nzs fmrfo~s-
ssent stak Friday ~ . > - 81
hss kem< ne rrstlea ~su -
er<a - tisesA.sra ~ ss~< szh-
b<st " ~ s<s<stsa. fnsbs~<f ~ .
sn<lsi Hrsr.
re l@hss "A = fmm2naei
tathefsn shafeh ~in hezd . ~
u sh~ ekareh a. cscn~sli natss-
asy ss<rias ~ . rh<ss ~sii -
: musical rFess.m un<sr alr><slaa
Il Harvey = Nssss. ln<ssdses
sssnns ~ N. trsa. jofxnns Mar.
satire. slxns Nlatsssse ard rnss
Lsfsrn Ths ~. 4 \. kaatsea
~ts sr>ss - -Nlss.ns~
x- ,sa..s. k~,ssm.a ~ -
seek 80 su>sts. h<r ssn. I'm
E>.ssnns and h.s ~sfe. xsa Derry
Es<F.knrr a. fas~r6a
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
MINES BECOME
MORE DEADLY

Al the same time this CONVEX
sstion was taking place in Lon
don. an important conference was
being held in the navy's ordnance
bureau in Washington. A New
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
OUR NAVY FIGHTS. AND WINS
u. S. Impractical Convoys
Licked U-boats in 1917
Battle OF the Atlantic
LAST OF SIX ARTICLES

No spectacular battles marked fhs L. \. narg's
appearance on he maritime stage Of the lost World ra
bm mighfiy impressive raS rs contribution 70 the
A'ed r'corp orer Germany, Is shorn ~ fhe oloac
ing article (the last Of Str
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
By TOM WOLF
Tacoma TimeS Correspondent
Copyright. Ia4i1

Tacoma Times
ham> nushes :.
sneet of figures Ia sir,.
u - ~ who had
kss entry into World
sims frovned he studied
sent 10 the bottom by
had realized, mounting steadily -
re studied the sheets for Jelcoe III
looks as though Germany winning he
They viii win replied Jerco ,h, Losses.
and them
sims rs there no solution for the problem:r
!enicoe; "Absolutel, tha We novs
A DMTRAL WILLIAM S SIMS L. S NJ had been sent 10
London IN the last week of March 1917 1t had become
obvious that the United States would declare war on
Germany and seemed advisable to ranking American
officer to confer with the British joint naval problems
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15
only other outlet from the
North sea - the stretch be-
tween Scotland and norway.

Jellicoe shook HIS head. Abso-
lutely impossible. The channel
vas $50 miles wide. In some places
II was $50 fathoms deep. To make
sure that submarines could not
sneak through At any depth would
necessitats layer upon layer Of
At least 400. 900 mine,
would be needed Not only were
there no facilities for laying that
number NJ mines IN time In he
useful, even II there we're. there
were no facilities for msnufsetur-
ing them.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

carrying Eight passenger shlrs
we're tern apart AZ turned tnts
planters fturfreis ~ msn srfs
trained - plant
ny ,hs spring ~ isis ths Amer.
leans were ready The FIRST nlns
planters disappeared snta ire Nosth
ga nists - re morning ~ issns
. rhss day they planted . flsss
a. miles icns. ssno mines placed
ln position IN three h~fs ard -
minutes
n ~ss hlst . NINTH and . sss
later that ne fsrss uefsnsa Y no.s
hmreA hsea I. her base. rlatss
dashed In "a srresd tns alarm
seon another u.hnst wss ms>slnI
IN The area ~hsre tina firss ~.s
nit New another ump~d hass "a
part. eut ~ sctian for the aura.
tim Ths psychological effect ~
the field wss ~ damaging r. Ger.
man morale. even when sahms.
rinss slipped through Il. ~ ~srs
its mines - German u-noata
NV irsrER ADpgD
tn NAVAL TRADITION
All summer tbs Americans e~n.
ilnued IN plant their deadly seeds
With every mile the field extended.
the rrsrh ~ allied merchant Ton.
mage Losses dropped squafs.
Fewer merchant ships lest i.
Fewer shirs iest fewer shirs
-. fewer fewsf,'i
Tke last mine was plsssss
~ O~s. ~. TIE Amess~s~
sansdrss ~ teee mes hsA
suffered s~ly nve Issssa. 4
barrier 9so mise~ In width.
sealed the s~as heswe~s se~s-
land ssd Norway. In I'll. ~
1ss mines had h~ea planted.
your fsfshs ~ them we're ae-
stGre1. hsssls, transported ssA
planted Nv the u. \. Navy.
it~wss not entirely . coincidence
that t~o weeks after the North
sea mine barrier was eomrlstsd
the World war came 10 its end.
Tho American navy. though u
had fought no great bsttiss NJ
spectacular actions. had IN . very
real .ay sdaed nsw lustsr IN the
great tradition; The United States
navy flshts and wins.
tThs Es<l
3
Seventh largest city IN Inc
United ststss. naitlmers Nd. has
ast ia Inhabitants a. compared
10 800 .tTt IN lp3D.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

8
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

seventh largest city IN Inc
United states. Baitimers Nd. hss
ast.ist Inhabitants a. compared
IN to< .tTs IN Ieso.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

Made up with Translucent Teeth are specially ia
those who DO not want anyone 10 know they ar
wearing artificial acts. They're beautiful and wi
not stain carry any odors All work guaranteed
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-10-15

Sims bowed 10 the British ex-
rerience and judgment. He wrote
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-01-11
Inflation Threat
Standard Scale
Forms New Unit

J. NJ. Butcher. president OF the
Standard Computing Scale Com
pany of Detroit. announces new
division TO design. manufacture
and sell air-eonditiening and re-
frigeration equipment for indus
trial. commercial and home use.
II will be known As the Air Con-
ditioning and Refrigeration Divi-
sion. headed by w. NJ. Stewart.
The main unit being manufac-
tured is an unusual air-condition-
ing device that is suitable for
homes and commercial establish
ments 10 be advertised under the
trade name of DEW-AIRE. The
unit is small and compact and en-
cased in a beautiful cabinet and
Will deliver heat in Winter and
cold air in Summer: will dehumid-
ify, circulate and filter the air.
Livingstone Porter Hicks has
been appointed as the advertising
agency.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-01-11
Business as Usual"
Problem Discussed

Furthermore, desirable
stimulus would be given to the
practice Of fixing conditions Of
work by collective bargaining
instead Of by law. Incidentally
any amendment would consti-
tute an admission that the rela-
tive values which we place on
goods and leisure fluctuated with
conditions. a fact notarecognixed
by the statute In Its present
form"
II would be worth while to
get an expression from union
leadership on the. Slichter pro-
posal. From the standpoint of
building up the standing of
unions, the change has much to
recommend il. Every time the
statute assures workers priv
ileges and emoluments. there is
trend toward weakening the
hold of unions on their men,
bers. Where the statutory pro-
cedure is introduced, the unions
are deprived of the opportunity
of getting credit for achieving
such benefits for their members.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-01-11
Forbes
Stocks Edge Up
HaIfhe artedly;
One Head or Two7
BY b. C. FORBES

AFTER THE first business
day of the year. the stock
market has edged upward daily.
Enthusiasm. activity have been
lacking. Wall Street has shown
little disposition TO become ex-
cited over either good news or
bad news. either events at
home or abroad.
Year-end liquidation to estab-
lish tax losses apparently cleared
the market of overhanging
e stock. Even so. opinions differ
sharply as to which direction
quotations are now likely to
take. Information that official
arrangements are under way
TO avert heavy liquidation on
the stock exchange of British
owned American securities is
naturally reassuring. Even so,
buying has been cautious, dis
criminatory. With railway stocks
and second-grade railway bonds
mot without reason-latterly
setting the pace.