The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1941-01-15
Behind the
Ticker
BY LOUIS VI. SCHNEIDER

dustry And business = sohs
and politicians.
Manufacturers are pleased 10
learn the public's reaction. Bust
ness is sincerely cooperating and
declares that labor i using the
defense program to make gains
But in the long run the govern
ment will blame both labor and
and business for the delay.
French Gold-While the popula-
ton Of Martinique is short Of funds
for food. clothing and other ne
cessities Of life. Ss45 232 IA Of
French gold - under guard ~
Fort De ssix II vas brought
there in the battle cruiser Emile
Berlin. which vas loaded and
rushed out Of France when the
Germans were threatening Paris
last June
United States agents are closely
watching freight movements out
Of the fort. And British battle
wagons are watching shipping out
Of Martinique Reason to see
that the precious metal doesn't
slip out and into Nszi hands.
Chances are the gold will remain
there until the war ends. or there
is change in Frances status.
Cooperation-Now that the In
terstate Commerce Commission
has publicly agreed that the rail
roads Of the country are prepared
10 handle emergency freight
loadings. leaders Of the industry
are going 10 step further IN ma
tional defense cooperation.
A survey is being made 10 de-
termine what proportion OF shops
and other facilities Of the industry
is idle and available for defense
production use. The complete
data will be submitted TO Ralph
Budd. national defense commits
sion chief Of transportation.
Dan" Willard-Railroad advices
are that Daniel Willard. president
OF the Baltimore a. Ohio railroad
since 1910. will not be reappointed
when the board meets on January
rs. Mr.. Willard is so years young.
The Grapevine says Edward w.
scheer, president Of the Reading
company and chief executive of
the Central Railroad of New
Jersey, will replace Mr.. Willard.
Both companies are part of the
y. 4 O system.
Dan" willard. however. will
not leave the Baltimore 4 Ohio.
A new post will he created for
him. The job will be chairman Of
the board Of directors. The b. a
O. has no board chairman.
Rail Facts-Taxes paid by class
railroads last year totaled s4o5.-
600 900 or at rate OF S1.l07 900
daily greatest amount on record
last year railroad employees
averaged 81 900 49, double their
earnings in 1915 -. average reve-
nue. received by railroads last year
for hauling a passenger one mile
was ~ cents lowest on record
materials for a standard
steam locomotive are obtained
from some 100 manufacturing
plants IL all railroad freight
cars in the country were placed
end TO end IL would make a train
13. 800 miles in length.
Stability-The Institute of Life
Insurance reports that while the
present policy loan figure of 81
T67 900 900 may look large. the
total is $3.50. 900 600 less than at
the bottom Of the 1882 depression
and is At a ten-year low. This
confirms the contention that the
New Deal spending-lending pro-
gram Of the past eight years has
given stability 10 the financial
condition Of American families.
Reports Are That: Foster
" H'''A man" : 'IiAtiAA y ~ - =
action this month concerning $50
in preferred dividend accumula-
tons Julius Kayser's 1910
sales volume largest in decade E.
American Machine 4 Foundry
producing machine tools for de-
Tense requirements Chesapeake
corporation quietly liquidating
holdings Of Pere Marquette rail-
way common .. General Ameri-
can transportation benefits from
expanding industrial activity.
Spicer Manufacturing producing
large volume gun carriages for
defense Acme Steel to con-
tinus liberal dividend policy
Budd Wheel doing more defense
work than generally known
Freeport Sulphur has long pull
following on earnings prospects
II. L. Green company to con-
unus liberal dividend policy
voted extra this week Con-
solidated Aircraft has 1855
share in orders on books.
For greater trading appeal Tide
Water Associated oil shares being
switched into Shell Union Oil
Atchisons 1910 net estimated az