davidaulloa/AmericanStories huggingface dataset:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
PLENTY OF FUNDS
SEEK INVESTMENT

Why this should be so involves
conjecture. as well as reference 70
some well-known facts. The small
volume Of business transacted
daily on the stock exchange has
seemed 10 reflect a public reluct-
anee 70 devote money to selected
stocks. Nevertheless. the notable
success Of large offerings OF listed
stocks by selling groups acting
outside the exchange has disclosed
the eager presence Of investable
funds. A demand exists when
stocks are brought directly 70 the
attention Of buyers. even though
public bidding for the same stocks
on the exchange has been re-
strained.
Buying hesitation induced BY
war abroad and heavy taxation At
home, together with uncertainties
OF one kind or another. are obvious
factors in the market, Of course.
Beyond these influences. the forces
which govern the actual worth OF
common stocks seem 10 be more or
less intangible and a subject for
guesswofk-
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

selling at $50 a share, and paying
a dividend of 81 year, yields the
holder 5 per cent; a stock selling
at $55 a share, and paying 81 in
dividends a year. yields a shade
more than per cent, that is
the difference difference Of
price. or. in another way of put
ting 1t, a difference of quoted
value.
The tabulation reveals more
striking differences of the public
ideas of worth than the illustration
above. In order to yield e6 per
cent, the price Of Chrysler was 81
on May 5, or only about 6is times
the reported earnings per share
last year. In order to return ~
per cent on money invested in II
on May 5. Pacific Gas a Electric
was available at a price Of 25A. or
only about % times the 1910 per-
share earnings. or Chesapeake a
ONO ~ 80 earnings.
In s-ere expansive market
period than durins these days ~
uncertainty. such ratios - thsss
would have been labeled cut -
line" with the normally expected
Turning the proposition around, a
ratio less than ten or twelve times
earnings in 1928 would have in
dicated low prices for the stock
concerned. And yet for a great
many months stock prices-or
stock worth, in the eyes OF the
publie-permitting low ratios be-
tween quotations and earnings
have been viewed as the accepted
thing,
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

Shell IL already embarking on large scale pro-
duction Of butadiene- With butsdiene, eIycerine,
7. T. chemical fertilizers = all derived from oil
the University of Petroleum" has helped take
America long way toward economic and defen-
sive independence -.
Yet the main assignment of these scientists is to
keep Shell Gasoline at the head of the parade Of
motor fuels When you buy Shell gasoline, you
buy their knowledge by the gallon"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
Tires 500 a gallon

America has : new lifeline to the Indies-- II the
supply q natural rubber should be shut of. you'll
ride q fires made from on.
Fsnt1stic1 Not 70 the s2I scientists and assist
ants Of the University Of Petroleum. Shells
$3.5o0.ooo research laboratoriex For more than
year they have been supplying rubber manufac-
tureu with bufsdisne several tons week-an
butadiene. made from petroleum gases. is long,
sought key to synthetic rubber.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
AL Group Victors
In Onolusku Election

oNALASkA-The Lumber and
Sawmill Workers union fAFL)
won a national labor relations
board collective bargaining cleo
ton at the Carlisle Lumber Co.
Saturday.
The International Woodworkers
Of America (CIO) Immediately
withdrew its pickets which had
prevented 500 men from working
in the woods the past two weeks.
The vote was 452 for the AFL
to Sc for the CLIO.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

The average yield, the last
column shows, is over 7 per cent.
The stocks are not hand-picked,
being, as noted, representative of
number of prominent industries
of corporations with long divi-
dend histories. With the excep-
ton of two. the reported 1910 earn
ings of none Of them can be con-
sidered high in dollars. nor. with
the same two exceptions, can the
dividends be rated large. in dollars
and cents Yet the rate of return
on money invested in them is high
by any rule Of calculation.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

1T Is a terrible indictment Of
our day that the generation we
brought into the world and cared
for during their childhood have
now become those who are forced
70 bear the burden Of our mis-
takes.
For two decades fathers and
mothers Of the world gave of their
love and their substance to raise
their children. The outlook for
these youth is not too promising
today"
In the first place, youth
faces greater uncertainties
than any generation for ages
past. In other times of I'M
certainties there were left I'M
developed lands. new country
and places for pioneering. To-
days strife IL over all earth's
places and youth has no place
TO 60"
The future does not even prom
Use youth a chance to live. Most
Of the world has already offered
its youth as sacrifice. In the
coming days there is no promise
that youth will have a chance 10
work. Social changes may come
that viii so disturb our national
economy that youth will not know
where to 60 or what TO do"
Youth Must Have Spirit
ITO meet these uncertain days
ahead youth must have a spirit of
courage and daring. far greater
than their fathers. Youth who are
soft and flabby. youth whose par
ents have not prepared them with
spiritual strength. these will be
broken first. This is the time for
youth and their older friends TO
get ready to meet the futures i'm
certainties with a spirit that may
enable them to achieve victory"
I'm the second place, youth
will have TO pay for the sins of
others. The death of the youth
of Europe Is the direct result
of the sins of their fathers.
The uncertainty facing Amer
ica's youth is not due to any fault
Of their own but to fumblng,
stumbling and blind leadership.
Youth is confronted with a debt
load that is staggering. These
debts youth did not incur but youth
will have to meet the day of judg-
ment. When has a generation of
young folk ever had placed upon
/ 1t such a burden? We older folk
are TO blame We permitted the
world to get in this condition and
now we too easily tell youth to
pay"
Youth TO Rule
The hopeful word in this rather
dark picture is that youth will
someday have its chance at the
world. II is tragic to think that
many of the best youth will have
been killed before they have their
chance. How shortsighted and sin
full We want TO build a better
world and then order out to be
destroyed the finest Of our youth
who might be able to rebuild the
wreck We hand over To them"
''Today's youth can do the
job We have failed In doing N
they viii remember two things.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
PUBLIC APPRAISAL
NAMES STOCKS HIGH

The yield is high. on the 1910
base OF earnings and dividends
because the pubhc's appraisal Of
the stocks makes IL high. A stock
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

1 lIfleS. AipeT lSon spoke on
IN part, he said:
. They must not lose their vision
of a better world. II they re-
fuse to be disillusioned and
when the present madness
passes. II they viii proceed
20 create a world according to
their dream Of people getting
along together. there VIII he a
new world here in place of the
old We have built"
Youth can never hope 10 builo
this new world unless ii discovers
that the troubles of today are the
result of evil. Evil exists in mer
and women who think and sci
evilly. Therefore a new world Of
decency and righteousness car
only be made by decent and right
living people. To this task. then
youth will dedicate itself anC
through their own Christlike living
they will have a better chance C
make the world the place Of theii
dreams and hopes"
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
Het
HY ROBERT CULLEN

The woy the crowd turned
out for Toms funeral, ! don't
core whether onybody comes 10
mine or not. II wasn't O tribute
TO onythine but the fine
weather.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
NEW YORK

Such questions come forward
when stock market statistics arc
examined currently.
The table which follows consists
of old-estabhshed equities of wide
Unknown corporations. Listed on
the stock exchange. they have paid
dividends without interruption for
10 years, or longer Their age and
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13

records suggest that they arr
well seasoned" in the estimation
of investors and traders. Their re-
ported 1910 earnings per share arc
cited. together with the dividends
paid in 1910 On the basis OF
these figures. the yields of selling
prices of a recent date are set
forth:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
Trade Wind" by Schneider

NoTE Today's cOlumn for Lou Schneider who Is
Lokey stock Exchange president
In charge public relations)
NEW YORK - Earning power, present and indicated
along with the size of the dividend factors of primary
Importance in governing the quotation of stock
stocks value3
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-05-13
Treatment OF Youth Gravest
Injustice. Pastor Declares
Young People Who Will Build Better
World Facing Death on Bottlefields
A TACOMA SUNDAY SERMON:

The gravest injustice Of times lies in our treatment
Of YOUTH Rev Cyrus E. Abertson said First Metho-
dist church Sunday night In the fourth in series of six
Living IN These Times. Albertson spoke
What's Ahead for Youth" In part, he said:
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24

out the program will include:
Cd an appropriate committee
in each state; (2) National Ad-
visory committee to guide the
movement, and 90 the pro-
posed educational program.
It is pointed out that the To-
cal physician or dentist holds a
position which makes him in
valuable in working out the
Decentralization" program. Be-
ing familiar with the regis
trant's background he is well
qualified to determine the best
treatment for remediable de-
fects and to suggest the best
method by which the registrant
may be treated whether it be by
the physician or dentist him
self, or through agencies espec-
tally equipped for care of per-
sons whose financial status pre-
c!udes services of private prac-
titioners.
Furthermore, it was said, if
the r%egistrant is found to have
defects that are not remedi-
able, his local physician or
dentist is likely to be the per-
son best suited to recommend
proper treatment.
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
Rotten Grass News

Mrs. Frank Goe and Mrs.
John Chatham and daughters
visited at the Dell Standish
home wednesday afternoon.
Bob Carney of Soap creek
called at the home of Mr.. and
Mrs. John Chatham Thursday.
Mr.. and Mrs. Denver Sherman
were in Billings Saturday.
Walter Patterson, who will
leave soon to enlist in the navy,
was honored at a party at the
Antler school Thursday evening.
Present were Mrs. A. BergquiSt
and daughters, Mrs. C. Ander-
son and sons, Frank KalWick,
E. Gormerly, Frank Gregory, Mr..
and Mrs. Dell Standish, Mr. and
Mrs. Denver Sherman, Dan
Smith, Mr.. and Mrs. Chester
Wiley, Mr.. and Mrs. Luther
Chatham and children and Wal
ter Patterson, H. johnson, Mrs.
Frank Goe and Mr.. and Mrs.
John Chatham and children.
Mrs. Dell Standish was a
Lodge Grass caller Thursday.
Mr.. and Mrs. Luther Chatham
and daughters made a trip to
Lodge Grass Thursday.
Ed Schenderline visited at the
Luther Chatham home Sunday.
Those who attended the house
warming party at the Hults
home on Lodge Grass creek
Saturday evening were Mr.. and
Mrs. Chester Wiley, MIR and
Mrs. Jack Wiley and children,
Mr.. and Mrs. Denver Sherman,
Mrs. A. Bergquist and daught-
ers, Mrs. C. Anderson and sons
and Mr.. and Mrs. Dell Standish.
Dan Smith was a Lodge Grass
caller Saturday evening.
MIR. and Mrs. John Chatham
and daughters and Mrs. Martha
Chatham were Hardin visitors
Friday.
Phil Spear and L. Carpenter
made a trip to Lodge Grass on
Friday.
Joyce Sherman spent the
weekend at the home of her
parents. Mr. and Mrs. Denver
Sherman.
Henry and Harold Anderson
made a trip to Lodge Grass on
| Tuesday.
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
HEALTH FOR
DRAFT

Natlon-W1de planning for i'm
provement of public health
through DECENTRALIZATION of
Selective Service registrants
who have remediable physical
defects was announced today.
The program calls for medical
treatment of r~egistrants prior to
their examination by local
board or army physicians and is
in addition to the proposals of
various agencies, private and
| public, for the rehabilitation of
men found unfit for military
service. AL public health and
social service organizations are
expected to devote their assist
ance to the development of both
plans.
Treatment for remediable de-
fects in the Decentralization
program is entirely elective on
the part of registrants and is
hoped to be the result of an
educational campaign leading
to closer cooperation between
the registrant and his local
physician or dentist.
Machinery for the plan is be-
ing set up with the aid of Of
ficials of the American Medical
association. The Medical Advis-
DRY council, recently created to
work with Selective Service on
problems connected with the
physical examination of regis
trantS, will play a prominent
part in the program, it was said.
Pointing out that local board
physicians are rejecting 80 per
cent of the men examined as
physically unfit for military SER
vice and that an additional IS
per cent of those approved by
local board examiners are
turned down at army induction
stations, it is hoped that the
new plan would materially re-
duce these percentages and by
Improvement of the health Of
young men of military age
would tend also to better gen
eral public health.
The plan provides: Cd that
registrants familiarize them
selves with the physical stand
ards of the army; 81 that reg
iStrants apply to their local
physicians and dentists if they
believe they fall short of the
stipulated standards, and 60
that family physicians and den
lists correct defects, if they are
remediable.
Success of the program de-
ponds upon the education of
registrants as to the wisdom of
knowing their own physical con-
dition, and upon the complete
cooperation of the r~egistrant
and his family doctor or den
fist.
Present plans call for the dis
semination of information to
registrantS and to all members
Of the medical and dental pro-
LESSONS So that they will be
familiar with the standards the
army has prescribed in order
to obtain men of the highest
physical caliber. Being acquain-
ted with these standards the
~regiStrant and his doctor or
dentist may then work to cor
rect any remediable defect.
The machinery for carrying
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
TO CREDITORS

Estate of JOHN c. WILLIAMS,
Deceased.
Notice is hereby given by the
undersigned Administrator of
the Estate of John C. williams,
deceased, to the creditors of and
all persons having claims
against the said deceased, to ex-
hibit them, with the necessary
vouchers, within four months
after the first publication of this
notice, to the said H. A. Will
Jams. Administrator at Hardin
in the County of Big Horn, State
of Montana.
Dated at Hardin, April IL,
1941.
H. a. WILLIAMS,
Administrator of the Estate of
John c. Williams, deceasd.
H. w. Bunston
Attorney-at-Law
Hardin, Montana.
pub. April IT, "a, May l, -
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
Legal Notices

I TON CHEVROLET CO.., with it's
! principal office at Hardin, Mon
tana, and make the following
statement in accordance with
the provisions of Sections 8027,
8028 and 8O31 of the Revised
Codes of Montana of 1885:
Cd The name under which
the partnership is to be con-
Quoted is the Graham-Staunton
Chevrolet Co.
(2) The general nature of the
business is automobile and truck
sales and services, and affilia-
ted business.
90 The names of all the
partners and the amounts they
have contributed are as follows:
! r. D. Staunton, general part
ner. Roundup, Montana,
Fergus Graham, general
partner, Roundup, Montana,
$4,000 90.
/ John Butorac, general part
ner, Hardin, Montana, $4,000. 90.
P. R. Staunton, special part
ner, Billings, Mont, $4800.00.
M. D. Staunton, special part
ner, Roundup, Montana, $780,
90.
E. S. Mcintyre, special part
ner, Billings, Mont, 100000.
az This partnership shall be-
! gin April /, 1941, and continue
for five years from that date
unless sooner dissolved.
Dated at Hardin, Montana,
this 1st day of April, 1941.
R. D.. STANTON
FERGUS GRAHAM
JOHN BUTORAC
P. R. STANTON
M. D. STANTON
E. S. MCINTYRE
STATE OF MONTANA, Coun-
ty of Big Horn, SIS.
On this LIST day of April, 1941,
before me, Lillian williams, a
Notary Public for the State of
Montana, personally appeared
R. D. STAUNTON, FERGUS
GRAHAM, JOHN BUTORAC, P.
r. STANTON, M. D. STAUN-
TON and E. S. MCINTYRE,
known to me to be the persons
whose names are subscribed to
the within instrument, and ack-
nowledged to me that they exc
cuted the same.
IN WITNESS WHEREOF, I
have hereunto set my hand and
affixed my Notarial Seal the
day and year first above written.
LILLIAN WILLIAMS,
Notary Public for the State of
Montana, Residing at Hardin,
Montana,
(SEAL)
My commission expires Oct.
81, 1913.
pub. April 81, May 1, 8, 80
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24

at all times" Br1gad1er General
Lewis B. Hershey, deputy direc-
tor of the Selective Service, adj
vised all regiStrantS and induc-
tees. "You owe that protection
to them so that they can make
intelligent arrangements to pro-
tect your job for you. They
should be promptly advised as
to how You have been CLASH
fled, when you expect to be
called for training and then as
to what are your plans after
you have experienced military
training.
If you are learning some
thing that will make you more
valuable to them when you re-
turn to civilian life, it is not
only fair but also to your in
tereSt to tell them about it. If
you should decide that you
would like to continue in a mil
itary career after your one year
of training is ended, you owe
them that advice as early as
possible, also, so that they may
plan your permanent replace
ment in their organizations"
The Selective Training and
Service Act of 1910. Gen. Her
shey pointed out, gives civilian
job protection to every man in
Quoted into the military service
under its authority. It provides
that each shall receive a Ger
tificate of merit if he completes
his military training to the sat-
iSfaction of his superior offic-
erS, and it specifies that:
In case of any such person
who, in order to perform such
training and service, has left or
leaves a position, other than a
temporary position, in the en-
ploy of any employer and who
Cd receives such certificate, (2)
Is still qualified to perform the
duties of such position, and 90
makes application for reemploy-
ment within 40 days after he
is relieved from such training
and service
(A) if such position was
in the employ of the United
States government, it's terri
tories Or possessions, or the Dis
trict of Columbia, such person
shall be restored to such posi-
ton or to a POSITION of like SEN
iority, status, and pay;
"(B) if such position was in
the employ of a private en-
ployer, such employer shall re-
store such person to such po-
Sition or to a position of like
seniority, status, and pay unless
the employers circumstances
have so changed as to make it
unreasonable or impossible to
do So"
The act also provides that in
ducteeS restored to their jobs
shall not lose seniority and shall
be considered as having been
on leave or furlough. It further
StipulateS that when so restored
they shall not lose their jobs
without cause for at least one
year.
In view of these requirements
for the protection of Selective
Service registrants, which are
imposed by law upon their en-
ployers," General Hershey said
"it would seem only fair play
that the registrants also should
cooperate by keeping their en-
ployerS advised as to their sta
tue"
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
WINTER HAS BEEN
DRIEST ON RECORD

Above average precipitation
through April, May and June
will be needed to offset the dri-
est winter season Montana has
experienced since records were
begun in 1895, says o. w. Mon
son. irrigation engineer at the
Montana Agricultural Expert
ment station.
Monson points out that April
l snow measurements on survey
courses of the watersheds east
of the Continental divide show
much less water in storage in
the snow cover than was found
a year ago. And, he says, 1910
was a beloW-normal year as far
as moisture is concerned. Aver
age water content of the snow
pack on the watersheds of the
Missouri basin on April / was
&c per cent compared with a
year ago, and for the Yellow
stone basin it was 10 per cent.
In view of these facts the out
look for the coming irrigation
season points to less "high wa
ter" In streams this spring and
definite danger of a water shor-
tage for irrigation purposes in
July and August, he said.
The 1941 water content of the
snow pack on watersheds east
of the divide as compared with
April l a year ago was: Gala
tin. 70 per cent; efferson, 81
per cent; minor tributaries OF
the Missouri, &c per cent; Sun
river, SO per cent; Marias river,
So per cent; Musselshell, 76 per
cent; average of ten locations
in the Yellowstone basin, So per
cent.
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
NOTICE TO CREDITORS

NOTICE TO CREDITORS
Estate of LOUIS MAILMAN, JR.,
Deceased.
Notice is hereby given by the
undersigned administrator of
the Estate of Louis Hallman, Jr.,
deceased, to the creditors of and
all persons having claims
against the said deceased, to ex-
hibit them, with the necessary
vouchers, within four months af-
ter the first publication of this
notice, to the said administrator
at Hardin, in the County of Big
Horn, State of Montana, or at
the office of her undersigned at
torney at Hardin, Montana.
Dated at Hardin, Montana,
April 16. 1941.
FLORENCE PORTER,
Administrator of the Estate of
Louis Mailman Jr., Deceased.
c. c. Quinn,
Attorney for Administrator.
pub. April IT., "a, May l, 81
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
is OF
BENEFIT TO GARDENS

Garden crops. like field crops,
are benefited by a rotation
system, says E. E. Isaac, extern
sion horticulturist at Montana
State college.
There are a number of reas-
ons why such a rotation is bene-
ficial, he said. In the first place
each crop removes certain plant
foods from the soil with the re-
suit that continuous use of the
same plot by the came crop is
likely to bring about an I'M
balanced soil condition. Another
reason is that insects and plant
diseases affect certain crops
with the result that growing
the same crop on the same
ground every year tends to ag-
grevate these conditions.
While it is often not practical
to rotate the entire garden from
one piece of ground to another,
the crops can be changed from
one part of the garden to an
other. For example, ground on
which long-season crops were
grown last year may be used
this year for short growing sea-
son crops. In other words,
ground used for corn last year
may be put into radishes or car
rots this year. Such a system
will keep the soil in better con-
dition and at the same time
help in the control of plant dis
eases and insect pests.
The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1941-04-24
ASK FOR
SELECTIVE SERVICE

Complete cooperation between
employees and employers in
connection with the operation
of the Selective Service system
is imperative to facilitate and
ensure civilian job protection
for registrants, National Head
quarters, Selective Service sys-
tenn, announced today.
Keep your employer informed
of your Selective Service status