davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Coal Loddings at Lake
Ports Down Slightly

CLEVELAND, O., June 6. -
Loadings of bituminous coal into
vessels at lower lake ports during
the week ended June / amounted
10 1,4l1.872 net tons, against L.
462 ,555 in the preceding week and
1,484.759 in the like week of 1871.
For the current season thus far.
loadings totaled 12,957, 1872 tons. a
gain Of II per cent over 1857, 1856
tons in the similar 1871 period.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Hot Dog!
Record Bull viii Become
10000 Frankfurters

CHICAGO, June 6 GNS).-The
biggest bull TO be sold Al the Chi
cago StoCkyardS in Is years is
in the process OF becoming 10000
frankfurters tonight.
The bull, a shorthorn, weighed
$500 pounds and stood 5 feet 10
inches high at the level Of its
back.
The animal was bought by Ar
mour a Co, whose officials pre-
dicted they had purchased at least
10000 hot dogs minus the buns
and mustard. Because Of its size,
tho carcass was handled by hand.
IN prevent possible damage TO the
packing plants machinery. NJ
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Big Credit!
Standard Steel Spring Gets
$35. 900, 900 for War Work

National Bank OF Detroit and
Union Trust Company of Pitts
burgh announce that they have ar
ranged a bank credit in aggre-
gate amount of SIS, 900, 900 to be
made available TO the Standard
Steel Spring Company for the Pc
riod commencing June 5, 1912. and
expiring Nov. 30. 1912.
In addition 10 the above insti-
tutions, 13 other banks have joined
in the credit and 48 other banks
will be included as participants OF
the primary institutions.
Proceeds OF the bank credit will
be used TO finance a large arTnor
plate contract recently awarded
STANDARD Steel Spring.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07


elected president of the General Motors NJ
|season az the final meeting of the current
season last week.
AS l recall. Harry was president of
debating club ! belonged 10 in Northwest
Tern High School back in the twentes and
Ibid a bang-up job Apparently he hasn't
in that respect.
Other officers elected by the club were
Kenneth A. Meade, central office. vice
president; +. Ray Britton. Chevrolet, sec
|Tetary, and John Drury, fleet sales division,
treasurer.
Congratulations and good luck, Harry,
BONN ALUMINIUM is now several
points above years low of 25. The stock
|hss a good rating because Of expanded war
|activities and favorable postwar outlook
land the 81 indicated dividend would yield
|about 8 per cent at current prices.
Despite higher taxes IL earned l.25 a
|xhare in the first quarter OF l94l against
ISIS IN the same period year ago. For
|1941 net income equaled $548 a share
|sgainst $4.39 in 1910
Since the end OF 1871 the company elir
loans. This was done in face of 100000
and further expansion in the current year.
was reflected in year-end balance sheet '
current assets, including but S194.4l2 cash
Current liabilities, however amouniet
aforesaid 81 300 900 bank loan which was
Large armament volume and relative
exemption is expected TO maintain esrnir
fhs unv TX
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Fresh Viewpoint

Hsrtke emphasized that the new
management and board of direc.
tors are. with few exceptions, new
TO the company, and will bring
fresh viewpoint with respect to
manufacturing, merchandising and
the firms general policies.
In addition 10 Hartke. the board
of directors consists Of: Louis Bit
ner. United States representative
of the J. r. Booth Mills. Ltd:
Alex A. Reid, president of the Reid
Paper Company Of Saginaw; NJ. J.
Hall. former director Of the firm
now in business in New York City:
Bartlett Pinkham, an officer OF
Auto-Ordnance Corporation. and
NJ. S. Gordon and Eugene ID. Pow
ers. attorneys for the security
holders Gordon will be general
counsel for the company.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Common Dividend
By Union Investment

Union Investment Company has
declared a dividend Of 10 cents
on the common stock and the
regular quarterly dividend of 95
cents on the first preferred stock.
both payable July ! 10 holders Of
record June II. The firm paid
10 cents on the common July !,
last year, and 10 cents April 10.
this wear.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
.Hdrtke Named
New President {
Of Detroit Paper
New Management
Has Broad Background;
Cash Position Strong

Heading new management, with
broad experience in the paper in
dustry. j. Ward Hartke has been
named president and treasurer OF
the Detroit Paper Products Com
pany.
Hartke, a prominent investment
banker with T.. II. Rollins & Son.
Inc, of Chicago. has long been
active in financial management Of
paper companies, his firm having
been investment bankers for Union
Bag and Paper Corporation. South
ern Advance Bag and Paper Cor
poration and Hummel-Ross Fibre
Corporation. In addition, he Is
director and member OF the adj
visory committee of the Central
Paper Company of Muskegon.
Harry Reinke. newly-elected vice
president and general manager,
has been with Detroit Paper Prod
ucts as operating manager for a
number of years and has had 25
years OF experience in the indus
try. A. M. Haigermoser is secre-
tary
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
SIS, 100000 Revolving
Credit for F. l.. Jacobs Co.

bc able TO report satisfactory
profit after normal and excess
profits taxes.
Air-Track is in a strong finan-
cial position and until the present
SIS, 0O0,000 RFC credit was ar
ranged has been advancing be-
tween S50O,000 and 100000 10
the parent company for working
capital.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07

of avoidance of spending for
goods i'm competition with the
government.
Such saving helps to eschew a
competitive bidding for scarce
and critical materials and
limited man hours which are
needed for the war effort.
Thus, when an individual buys
war savings bonds. he does
maximum good when he makes
the purchase out of current in
come, showing willingness to
forego the right to exchange
such portion of his income for
goods. On the other hand, funds
obtained for war bonds by draw
ing on savings deposits or by
liquidating other securities are
less effective in an economic
sense
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Allied Chem. Adds
10 Vis(ose HOLDINGS

NEW YORK, June 6.-Allied
Chemical and Dye Corporation
added 10 its large investment port
folio last year $4,000 shares of
American Viscose common stock
and 5000 shares of the preferred
Other investment holdings were
unchanged
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07

Reorganization of the company
has been completed and awaits
only the signature OF Federal
Judge Frank A. Picard. Hartka
reports. All creditors have been
paid in full, and the company will
emerge debt free and in strong
position with current as
sets OF, S227. 900 and current La
bilities of only $4,000. he says.
Included in the current assets ~
approximately 100000 in cash. he
said.
Detroit Paper has liquidated its
plastics division in Kalamazoo and
activities will be confined 10 the
fabrication OF cartons. rolls and
sheets in the Detroit plant which
mas been thoroughly rehabilitated.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Carnegie : Illinois
Sets New Records

PITTSBURGH, June 6.-Carne-
GEL Illinois Steel Corporation,
United States Steel subsidiary, an
nounced that in May new high
marks were set when the COM
panys furnaces turned out 1,453.-
loo tons of pig iron and 1881, 1863
tons of steel ingots and castings.
Daily average production of 62,31s
tons of steel also established new
record.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
The Business Front
Ex-DsR Manager Offers Plan TO Hire
Autos to Supplement Buses, Trolleys
By WARD SCHULTZ


lille transportation experts cudgelng their brains
y country attempt 10 find some erectpS
critical shortage oil buses ana
NM a Of The Detroit street
Railways has repeatedly developed 'co-orulnated
transportation system which has considerable
merit
Officials Defense Transportation and the
the proposed plan which provides
private provide additional facilities IN
peak traffic periods,
Private volunteer the of their cars with
following for such action;
opportunity 10 render outstanding patriotic
l. end further the nations effort
would gasoline rationng card
= would give him gasoline.
priority which would allow him to
- whenever 10 keep his car In
operation.
gasoline repairs depreciation the and
might he permitted additional earnings.
Under volunteer would be operated cash
the would
driver them for their super
vision.
tables other routine would be handled by the
probably the owners VILE
would be identified by special chauffeurs
author of the recommends gigantic government
liability policy the volunteers
With Detroit the cities hardest hit by trans
might
set the groundwork for such volunteer transport line
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
New Bond OFFERINGS
Jump 10 S68,912,OOO

NEW YORK, June 6.-New bond
offerings this week amounted to
SOS, $4,000. against S23.163,000 in
the previous week and So, $4,000
last wear.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Postwar Reaction

Rejecting this view.
thoughtful firm of investment
brokers point out:
Contrary TO the general be-
lief, IL Is our expectation that
after the war the country will
be tired Of wartime restrictions
and will react away from gov
eminent controls and toward
free enterprise.
"How far this reaction will 60
IL Is impossible to say. With
peace and the return to moro
normal conditions OF production,
supply and transportation, price
controls can and In all prob
ability will be gradually re-
moved. High taxes and labor
costs may then bo passed on
TO the consumer
In the presence OF current
abnormal trends, the economic
agnostic at least knows enough
not to put himself out on a
limb. Those who have read the
ANIMALS of history recognize that
nothing is permanent in this life
except change.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Capital City Again
PAYS Sc Dividend

Capital City Products Company
has declared a dividend of Is cents,
payable June 20 10 holders OF rec
ord June 8. A similar payment
was made on March 20 OF this
wear
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Advises Bond Buying
From Current Income
Survey Implies Too Many Turning
Other Investments Into Government.
BY MERRYLE STANLEY RUKEYsER
yr,.rr~ tso.sI News Service Fee.omie Counneptstor

survey by Exchange Commission leads
the criticism that much of the buying savings bonds
has IN substitution for other of savings.
order achieve the best aninflaonary results the
federal authorities and additional
ngs of current income.
wanted increase in savings relation 10 the
the people.
Such saving out current income entails the
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Donald Nelson Plan WORKING at Packard

MOTOR CAR COMPANY officials impressive
results in the first few weeks application OF Donald Nelson style
management-abor production drive
called Packard 1t resulted
only production increased efficiency and less
communques telling weekly production progress
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Detroit Stocks

Sales, including odd-lots, AIR shares.
Dividends In the foregoing table are the
unless otherwise noted. s-Liquidating diyi.
dend bon accommodations. es-Er dividend
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Ready for Work

Under this plan of employe
Training, the entire personnel will
have completed its education by
the time the gigantic new plant
ground for which has just beer
broken. is ready 10 start mass
production. Long before the en-
ployment of tens of thousands OF
men and women required as pro-
duction personnel. there will be
over $50 instructors trained by a
thorough study of the thousands
of manufacturing processes. in
spection standards and technical
Operations.
1T Is likely that more new.
skilled man power will have
entered the ranks of industrial
professions and vOcatiO
through the operations Of the
Dodge Chicago aircraft Engine
Plant than has ever before re-
suited from a single war prof.
ect," stated Haien.
Select Executives
"As a preliminary step In this
progressive program. the top
production executives, totaling
over so In number, are now be-
ing selected. They will be men
Of exceptional scientific or tech
meal skill with backgrounds of
successful experience. Within
the near future all of these key
executives will have been chosen.
Then then will start their train
ing by going TO the corporations
headquarters I'm Detroit, where
they will study Its policies and
war products. Further training
will take the form of actual
shop work In plants located
throughout the country now do
ing the particular type of opera
lions these executives will super
wise. In this way. starting with
the production executives, all
personnel will he thoroughly
trained and familiar with the
multiple production functions TO
be performed In the Chicago
plant.
by the time the war Is over,
those men and women who
joined our organization will
have learned vocation. a pro-
fession or acquired n specialized
skill that will permit them to
take an active, constructive part
In the postwar period" con-
cluded Haien.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07

Packard Pres. Christopher gets union pledges
lunch period jams rally Packard
President George T. Christopher
boysc hosting a
naured the department
the eghtbal banner" said They really
pitch n rid Of the unwaned banner"
the Packard Local 190 UAWCIO,
also takes pride the
put thing doing just
he
First winners of the coveted merit pins for contribution of
which further the drive Stanley
PawIk milling machine Earl Cowing manufacturing
supervisor: William Soms junior craftsman and Frank Kacr
Junior foreman
meeting Michigan Association Of Ceri-
Accountants will he held the Clinton Valley Golf
y mex Friday Harrington reports.
election will he held at that time and nominees
Fletcher:
p Briggs b.
Poinger.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
en- Mems Club Elects New President

HARRY BENJAMIN General was
president General Motors Mems Club for the 1929
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
Notes Switching

The SEC survey implies that
there has been some switching
from other investments into
governments. Perhaps in this
situation lies one additional ex-
PLANTATION of the selling pres
sure to which the stock market
has been subject in recent
months. The competition of the
treasury for funds doubtless af-
fected the market in two ways.
First, IT competed for new saw
ings, which might otherwise
have been invested in stocks.
Secondly, 1t actually induced
sale of stocks in order to get
funds with which TO acquire
government bonds.
Unless a distinction Is made
between the revenue detectives
of the treasury, on the one hand,
and OF the economic detectives,
on the other, the public is likely
to be confused. On the revenue
side, the treasury needs funds
and funds in unprecedented
abundance. From the revenue
side, it makes little difference
whether the dollars come out of
current income or accumulated
savings. The distinction is of
Importance, however, in connec-
tion with the economic motive
of combating imitation. In this
category, the treasury is anxious
10 mop up excess circulating
medium in the hands of work
War Phenomenon
This latter circumstance flows
from the wartime phenomenon
ers, farmers and other citizens.
whereby workers toll for eight
hours of pay, but on an average
devote only four hours TO max
ing civilian goods. Thus eight
hours of pay is circulating
against which only four hours
of goods are available.
III no effort were made to
Offset this disparity, there might
result a highly inflationary COM
petitive bidding up of the prices
of scarce goods. The admins
tration has been seeking to off,
set this hazard in a variety OF
ways-through the price ceiling,
through absorbing the excess
funds in the hands of civilians
through rising taxes, and
through a nationwide appeal for
voluntary savings up to the hilt.
Another influence affecting
stock prices has been the fallaci-
Gus assumption that current
trends would continue indefi-
nitely. Gloom has flowed from
the belief that more government
in business would be perma-
nent development. On the other
hand, some statesmen believe
that after the war the Ameri-
can people will look nostalgically
to their earlier experience OF
freedom.
Da DA.~
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-07
FOREIGN EXCHANGE
A WEEK IN THE MARKET

NEW YORK. June 6The following table shows the actiS
the New York Stock Exchange each day this week.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-04-22

ing pulse TO watch the first real
battle he had ever seen. Mean
while, in low incisive tone
that carried beneath the infer
no of noise, the rurale added a
few details TO the story he had
told Allan. He had, it appear
ed, been up at dawn when the
bandits arrived.
They sent a flag Of truce
three men and an OfficCr--tO
demand the unconditional sur
render of the island. Watanabe
rejected the notion with scorn.
The flag went back. As the
four men stepped on the beach,
a machine gun opened on them
from the island, KILN g or
wounding all of them. The flag
party, you understand.
The yellow devils, growled
Allan
They will be sorry pre-
dictcd Escobar softly Our fell
lows Will remember that when
the time comes
The happy moment how
ever. hardly seemed imminent.
On the shore, men and guns
were sheltered cunuingly be-
hind buuldcrs and in the scrub.
A black muzzlc would appear
from a cleft rock, discharge a
raking burst of bullets that
combCd the island, then dis
appear TO come out again at
another spot. On the island, in
noccnt looking rocks would be
revealed abruptly as pIIiDoxcs,
splitting flame and smoke and
singing lead. But neither side
could penetrate the others de-
Tense of stone and concrete.
Devil take it, grumblcd the
colonel. Il knew they had fort
flied the place; l didn't know
they had converted it into a
Gibraltar,'
At the end OF an hour he was
knitting his browS; at the end
of two, he was biting his nails,
at the end of three, he was ac-
maHy chewing his mustachc
Then Allan clutchcd at his arm
and pointed 10 the western
sky.
I..k. EscoLar! Look.
one minute 1t was d tiny
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-04-22

speck. The next, it was a plane.
Then suddenly it was d huge
amphibian bomber which was
power-diving at the men on
the peninsula even before they
we're aware of the death over
head. No bombs were dropped
Allan remembered what DR..
Sargent had said about the sem
sitiye quality of the new ex-
ploSive -- but from each flank
of the great plane, and from its
bow, guns Spat destruction on
the sCurrying figures below.
The ship Strengthened out,
scared aloft, came Streaking
down again. 1t was more than
flesh and blood could stand.
The MeXicanS scattered and
ran, searching madly for crew
ices i'm the rocks i'm which they
might hide for the moment,
the siege of the cannery was
definitely lifted. As if Scorning
TO pursue the fugitives, the
bomber circled the spot once
or twice, then dropped softly
to the blue waters of the gulf.
1t TAXED to within SO feet of the
islands main pier, then stopped.
For the first time Allan could
make out the insignia of the
fuselage. A great black swas-
tikal
(To BE Continued
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-04-22
BY CECIL ChRNES
STATE OF SIEGE
CHAPTER XVI

How do you happen TO have
the transcript of that cable,
Colonel"
you have seen me excuse
myself each evening after dark.
1t was to go down to the shore
and receive water-tight cylin-
der of reports from a Peninsula
Indian who sWims them down
from a point five miles up the
gulf. Business as usual, senior!
That transcript was part OF last
nights grist from the mill"
II see. Swims five miles, huh?
What about the sharks
Il don't believe shark would
bite a Peninsula Indian, said
Escobar thoughtfully. Il would
Mt care TO myself. However, that
is how | received the copy even
before De Fontanelle received
the original. ~
But, Colonel" interjected
Kay, her eyes opening at him, if
this Indian comes every night,
why hasn't he brought a boat in
which you could have escaped TO
the mainland and arranged for
our reScue?"
Il could have done no more
out in the world than / am do
ing here, senorita, believe me. II
| should go, our enemies would
smell a rat and perhaps destroy
you people as any criminal de
stroys evidence. While I'm here,
they think they have me under
control. Also, remember | have
a revolver. as they know, and
something of reputation as a
marksman. They're less likely TO
start rough stuff, as you would
say"
In other words still, unused Al
Ian, regarding the rura c
thoughtfully, Escobar was quite
simply risking his life rather
than leave them TO face the an
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-04-22
. SERIAL STORY
MEXICAN MASQUERADE
COPYRIGHT, 1912,
NEh SERVICE, INC.

cry Japanese alone. Their trucu-
lence had been growing too, as
the radio brought news of
steadily increasing tension in the
Orient between the United
States and Japan. There was the
matter, too, of the curt note
Watanabc had sent ESCobar the
morning after his capture, adj
vising him 20 call in a priest and
Shrivc his soul, since General
Baron Sagoya would return in a
week to dispose Of his case.
Permit me to tel you, Colo
nell" said Allan slowly, "one
thing | have learned down here;
if we get into this war and YOU
fellows come in with us, we II
have an ally whose efficiency
will amaze the world
why, thank you, senior, thank
you! And never doubt for a mo-
ment, if you 60 in, Wen be there
with your
The next morning, barely an
hour after dawn, Allan awokC
from a dream of battlcficlds I'm
Russia. A few seconds he lay
browsing, then Sprang from his
bed 20 his feet i'm one jump Ma
chine guns! The usually quiet
morning was being turned into
a hell Of noise by the sharp chat
ter Of machine guns. Dozens of
them, it sounded likcl
A spurred step, grown IA
miliar, rang in the corridor. The
colonel stood in the doorway,
smiling and pulling at his mus
tache.
"Holal Get up, sleepy-head.
You're missing a battle"'
What the devil is it," cried
Allan, clawing on clothing with
both hands. "Have the u. s. Ma
rinos !anded?'
You were expecting them,
perhaps? No senior, IL Is only a
body Of roughly clad fellows
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-04-22
PASTE ONE ON ME

SAN DIEGO, Calf. - Don
Holmes passed out war stamps
in place of cigars when his son
was born - thereby starting a
movement.
Other fathers Holmes met at
the hospital adopted the idea,
and he now is trying TO enlist
al American fathers in his
scheme.
There must be a couple Cl
million births every year. Think
what that would mean If every
new parent started handing out
stamps he said.