davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-04-23
Hercules Powder Co.
Reports St,2O1,81O
Net in Quarter
Result FolIs Below
81 800, ,426 Earned
In lo4l Period
- thG Assoc lated Press.

b. thG Associated Press.
NEW YORK. April 23.-Ths Her
cules Powder Co. today reported net
earnings Of sl.201,s $40. equal to 81
cents a common share, for the
quarter ending March 81 compared
TO 81, ,36o,426, or 90 cents a common
share for the same period last year
Container Corp.
Container Corp. OF America.
manufacturer of paper boxes, re-
ported net income of sS4s, ,646, or 10
cents a capital share in the three
months ended March 81, compared
with net income of 1868 .365, or Al
cents q capital share in the COM
parative l941 period.
John II. Thompson Co.
John r. Thompson Co, restaurant
chain. reported net income Of s34,-
GIT, or u cents q common share for
the three months ended March 81,
compared with s37.765, or 13 cents
q common share in the like 1s4l Pc
Rod.
Detroit Edison.
Detroit Edison Co. reported for the
year ended March 81 net profit of
s11615,964. equal to s1.83 a share on
the capital stock, compared with
s1l .o37 .022, or s173 a share in the
preceding II months.
Air Reduction.
Air Reduction Co. reported March
quarter net profit of 81 ,495 SAB, equal
to IS cents a capital share, against
81 .591 .266, or So cents a share, in
the first quarter a year ago.
National Gypsum.
National Gypsum Co. reported net
earnings of SITS, 1862, equal to 8 cents
n share, for the first three months
Of 1912, compared with $249 ,255, or
IA cents q share, in the same period
Of 1s4l.
Pere Marquette.
March net income of sl44.298, COM
pared with s322,576 for the corre-
spending month of 1s41. First quar-
ter net income was shown as $685.
226. against sse5,5ll for the same
period last year.
NJ. A. Hanna Co.
The M. A. Hanna Co, mining and
shipping concern, reported first
quarter consolidated net income of
s804 ,859, equal to 50 cents per COM
mon share. This compared with
STAT ,210, or So cents share, for the
corresponding period of l941. and
with $1,515,005, or s1.33 a share in
the last quarter of last year.
National Distillers.
National Distillers Products Corp.
reported for the March quarter net
profit Of 81 ,073 .453, equal to 81 cents
common share, against s804.318,
or SO cents a share. in the March
quarter OF 1941.
American Gas.
The American Gas & Electric Co
reported consolidated net income for
1941 was $12,1SS,696, equal, after
preferred dividend requirements, to
s2.72 common share, compared
with $13 AL .5s1, or s2ae share, in
the preceding year.
Freepcrt Sulphur.
The Freeport Sulphur Co. reported
consolidated net income for the
three months ended March 81 was
$549,611, equal to SO cents a common
share, compared with $6s7 1856 or 81
cents common share in the like
period Of 1941.
Evening star., 1942-04-23
Steel Official Named
To Suntu Fe Board
By tht Associated Press.

TOPEKA, Kans.. April 23.-Stock-
holders OF the Atchison, Topeka &
Santa Fe Railway Co. elected Ed
ward L. Ryerson, Chicago steel ex-
ecutive, a director today, succeeding
Joseph E. Otis. Chicago banker re-
tiring because of failing health.
Myron G. Taylor, New York
financier, and Richard w. Robbins,
Belvidere, Kans., stockman, were re-
elected directors for four-year terms.
Evening star., 1942-04-23

Unit of trading. 10 shares In na nix
ruptcy or receivership or being reorsanized
under Bankruptcy Act. or securities as
sumed By such companies. Rates Of dfvi-
afih asnds In the toresoins table are annual
or semi-snnual declaration Unless other
wise noted. special or extra dividends are
not Included I'd Ex dividend xr Ex
rights Also extra or extras Cash or
stock Declared or paid so far this year
Payable IN stock Paid last year. PaY-
dividends paid OF declared this year.
Evening star., 1942-04-23
Construction Awards
More Than Double
Same 1941 Week
AZ Per Cent Increase
Over Previous Period
Is Announced
By the Associated Press.

By the Associated Press.
NEW YORK. April 23.-Engi-
neering construction awards In the
week ended Thursday more than
doubled the amount in the compar-
able 1941 week and were "A per cent
higher than in the preceding week,
Engineering News Record an
nounced today.
The awards were as follows:
Total.
s2I4, ,3Se, 900 SI4s,577. 600 S1o7 10000
1s.sss.ooo fs'71.f fs.74e,ooo 42,as7.ooo
1ss.711.ooo 151.sos.ooO Trsi5s, s4.s5s.ooo
Freight Loadings Up.
The Association of American
Railroads reported today that s46,-
So cars of revenue freight were
loaded during the week ending last
Saturday.
This was an increase of 32,329
cars, or 4 per cent, compared with
the preceding week; an increase of
l37,769 cars, or 1914 per cent, COM
pared with year ago, and an in
crease of 218,o94 cars, or 34.7 per
cent, compared with 1910.
The report classified the loadinss, COM
pared with last week and the correspond
Ing week year ago, as follows;
Evening star., 1942-04-23

So he left you waiting at the
altar? Then send that trunkful Of
old love letters to the junk dealer
for waste paper salvage.
Evening star., 1942-04-23

than-carlot merchandise showed
sizable increases from the previous
week and most were up sharply from
a year ago. The more-than-sea-
sonaI rise lifted the Associated Press
adjusted index of loadings, based on
1929-30 as 100, to GIL per cent, COM
pared with 90.2 the previous week
and 1852 a year ago. Recent index
extremes were:
Evening star., 1942-04-23
Washington Exchange

SALES.
Capital Transit Colo at 20Jz,
Evening star., 1942-04-23
Bond Averages

When you've finished reading this
paper. why not send II on a little
mission abroad? Cali a collector
and start your waste paper on its
way to a useful war purpose, or
send 1t to a nearby school for col
lection
Evening star., 1942-04-23
Commodity Prices

NEW YORK, April 23.-The Associated
Press weighted wholesale price index OF 35
commodities today declined TO 99.19.
Previous day. 90 .2l; week sso, 1884;
month ago, as: Il; year aso. 81 %.
1892 194l 1910 l933-39
Hish- 1927 a512 1928 aSl4
Low a554 1903 $3.50 Ala
GQ26 average equals l0O)
Evening star., 1942-04-23
Baltimore Stocks

Special Dispatch to The Star.
BALTIMORE, April ca
i saitimore Transit so 80 80
I5 BALTIC Transit pfd 4, 4. I,
10 Consol Pw 4oo pfd 100 100 100
2la New Amster Cas- liza l7A IL
100 Fidel & Guar 23ss 23s+ 33'
10 West Natl Bank IS 2s IS
$500 BALTIC TT deb As A sos. 500. so:
.l200 BALTIC Trans IS A so so so
Evening star., 1942-04-23

'Ex dividend. rF.-s extras. Paid
% far this year: {. .-77s sst1 es.ra sSoo90
extra. eoc extra. m $3.50 extra. (pb
paid in 1e41. (y) $1,000 extra.
Evening star., 1942-04-23
BONDS
PUBLIC UTILITY
STOCKS

MISCELLANEOUS
Ter RAW Cp 1st 4K.s 194s 102n
Evening star., 1942-04-23
| NEW YORK CURB MARKET

GtoeE sre @mts&-
Dsv11end Rsts. Ade 90 EAxh lev
segsnton-s D W. pf sos 80 80
Evening star., 1942-04-23

Special Dispatch to The Star.
zAT TrNKnDE Anril %
Evening star., 1942-04-23

UQo6 aveYaEe euualg loo }
Evening star., 1942-04-23

PUBLIC UTILITY.
Evening star., 1942-04-23
Dividends Announced

NEW YORK. April a5 OP,.-Dividends
declared.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Pitcairn Heads
Wabash R=.R..

CHICAGO, May 21.-Norman B
Pitcairn has been elected presi-
dent of the newly-formed Wabash
Railroad successor of the bank
rupt Wabash Railway. Pitcairn
was appointed a receiver of the
Wabash in October, 1888. coming
to the road from the Detroit, To-
ledo and Ironton Railroad, of
which he had been president from
January, 1881. Prior to his con-
nection with D. T. e. l. Pitcairn
held various positions in Pennsyl-
vania Railroad.
Other officers of the new COM
pany are N. S. Brown, vice presi-
dent. law; A. K. Atkinson. vice
president, finance and accounting;
G. G. Early, vice president. traffic,
and G. II. Sido, vice president, OPP
erations.
II is understood that the Off
GERS and their counsel are working
toward issuance OF the new Wa
bash securities for the old some
time early in June.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Farmers Market

APPLES-Northern Spies. fancy. 81 50
bu. No. !. fi.7S0225; No. 2 &idl2S
s,eeIe's Red. fancy, 50 bu.: No. /. as
CAB
LETTUcE-Leaf. dollhouse. No. 1. 81
soRREL--No. /. ioa soc bu.
sPINAcH-No. T. sou p0c hu.
TuRNfP GREENs--No /. 50d75 bu.
MUSTARD GREENs-No. !, 50 N 75c hu.
ASPARAGUS 49, Fancy, 81 asa !. so dozen
hunchss; No; /. 75cGsl No. 2, so o zoe.
BEEIs-No, !. $50 soc bu: No. q soc.
cARRoTs-No. /. si.5oais5 Blu; No.
cHIvEs-No. I. 7sas5c dozen.
CAULiFLowER-75e asi
HoRsERADIsH - No. !. s7a2.0 bu. (,
LEEKs-So. /. 75caN dozen punches.
ONIONS Green, No !. so q zoe dozen
lunches No 2. SOC.
PARSLEY - curley. No. /, SOC dozen
lunches
PARsNIPs-No. /. sisoa2 bu.; No. =.
PofAToEs-No. /. nasaLSo su; No.
RADisHEs- Red. outdoor, fancy. So bu. |:
No. 1. i251i rs. No l, 81
Y B A r q - Outdoor. $50 Csc dozen
RUTABAGAs-No. ]. 75casl.iO bu.
TURNiPs--So. l. $50 75e ou.; No. ,.
VEGETABLE oYsTERs-No. /. 500 7ss
dozen lunches
POULTRY Live. hens: Heavy breeds. a.
q 26c ID leghorns 81 n 23c 10 Broilers:
Heavy. 27I2 10; leghorns, 25G &c.
EGGs-Large. 500 1880 3o-dozen cases;
PLANTs-Pansies sidI5o i5-bo1 fiat;
Saliva. 81 rs Nat: Geraniums. S3a3.25 ~.
pot fiat miscellaneous flowers. 81 fiat.
Vegetable plants, 75cNsi.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21

IN THE MORNING MAIL
comes a letter from Edwin J..
Anderson. chairman of the Wayne
County Scrap Salvage Committee,
TO explain that there will be no
let up in the collection of old paper
in the Detroit area.
Last week. / reported that paper
was piling up in railroad yards in
the East and expressed curiosity
about the situation hereabouts.
Now l know!
Chairman Anderson went on TO
say that while il was true that
the critical shortage stage had
been passed. nevertheless. house.
wives are now being encouraged
10 save paper and bundle il into
packages containing 80 pounds or
more.
In the past the committee called
for l00-pound bundles
These new larger bundles will
facilitate handling and storage and
the committee plans to build up a
paper backlog so that when the
peak season comes along this fall,
there will be no shortage 10
hamper the war program
o. K. Andy. but II will take a
powerful Katrinka' 10 "TaSsle'
those 150-pound bundles.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Santa Claus

Washington idealists have Dor
trayed Uncle Sam as becoming
the worlds Santa Claus.
They have drawn a dazzling
picture of this nation becoming
godfather of all other nations,
a picture of succoring every peo-
pie on the face OF the earth, Of
our becoming a sort of supreme
power responsible for the we'll
being of the entire human race.
This dream is born of idealism
rather than realism.
Yet, the stern facts are. that
the wars ending will find most
other nations Frustrated, most
direly in need of many things
this country can supply.
Most assuredly the United
States will find no lack Of GUS
toners.
But those OF us who went
through the World War and its
aftermath cannot forget what
then happened. The conquered
countries beseeched us to succor
them. We did. Alas, we did so
by lending them the gigantic
sums necessary for paying for
what they ordered and received.
In too many instances we were
left holding the bag. never re-
ceived what was rightly coming
10 lis
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Detroit Gray Iron
Al Net S20,575

Detroit Gray Iron Foundry
Company for the year ended
December 81 reports a net profit
of $2O,575 after depreciation
ETC., and provision for federal in
come taxes, equal TO four cents a
share on $4,000 shares of COM
mon stock. This compares with
S60,952 or II cents a share in
the preceding year.
Hugh Martin. president, stated
that equipment 10 make steel
castings is being installed in an
expansion program under way.
Unified orders for steel castings
total 100000 and current sales
are running at over $1,000 a
month, he said.
In carrying out the program,
cash has been depleted and the
company is filing an application
with the government for funds 10
reimburse it for money spent and
additional money 10 complete the
expansion. according 10 Martin
Should this assistance not be
forthcoming, he stated, the COM
pany would be unable TO take
any additional business an d
would have to use other means
to rehabilitate current assets and
cash position.
He said the outlook for 1912 in
a large volume of bust
ness and reasonable earnings.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Livestock Markets
Dbl ROT

CATTLE - Receipts 500 market a
forced affair due 10 very light rectipts
active. all classes fully steady 20 25c
higher odd lots medium TO good light
fed steers ana yearlings Si1 75H 10 IS;
medium grade light yesrling steers. Up 20
Si2 rs. medium grade 730-lh. mixed steers
and hsifert, mostly heifers. Sl2 90; few
beef cows. Se.5OG1 OPS: cutters. Ss25N
. 20: Gamers S675ds weighty sausage
bulls, W 10 Sii freely: very light cutter
bulls down 10 IS 80.
CALVES Receipts $50: marks, mostly
steady with Tuesdays everegae most good
and choice vealers SIS. some strictly
choice n SIS 50; common and medium.
500 "a 30
HOGS Receipts / 200: weights above
$50 ms zoe higher. light weights steady
10 l0e ". sows steady; bulk, good 70
choice is0-35O-lb. butchers S13.e51l4.2O:
little above sli %. except odd lots Of
small killers 81 SO 256 IA %: most 150-
ls0-lh. lights xi3.50Tif.iO: bulk soWs,
si3 asa rs So best light weights. Si3 rs
sHEEP-Recs pts. $50; shbrn lambs ac-
tive, assoc higher good 70 choice 1857
n. shorn fed lambs With No ! and No
2 pslts. i1i 251i450; common thropou,s
SO dowu mainly ,SilT5 ana less with
lErt culls down 70 $50, shorn fat ewes.
up 70 Sr
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Forbes
What Will Happen
To War-Blown Boom
When Peace Comes7

Every week sees more and
more OF our plants. more and
more of our manpower, diverted
from peace production to war
production. Washington tells us
that during the II months start
ing at the end of June it hopes
to spend $40, 900. 900, 900 for war.
What will happen to this
colossal war-blown boom when
the white flag is hoisted by
Hitler-or, more likely, by his
successor, since the logical thing
would be for Hitler to blow out
his brains when he becomes con-
WINGED that the Jig Is up?
This column yesterday men
toned aircraft. air-conditioning
and television as industries likely
to enjoy a boom, employing large
numbers of workers and service
men released when peace comes.
What place will the United
States occupy when the war
ends by outright defeat OF the
Axis?
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21

Driving around the yards, we
were stopped several times. And
each time the guard, even after
identifying Emmett Fink. neverthe-
less insisted on seeing the passes
of the cars passengers, which in
cluded two army officers.
There was some good natured
kidding about this, but Emmett
Fink shot back:
I'VE take no chances here.
He makes damn sure who he lets
pass or he's out Of a job. Every
pound of steel we've produced
since December - has gone into
the war effort. We just can't
afford to be careless"
AND THAT RECALLS the case
of a young guard in the Ford
Motor Company who last week
stopped a stranger from going
through the passageway he was
guarding.
The stranger asked just what
action the guard would take If he
refused TO identify himself.
The guard made il pretty clear
that any one who got through had
10 have pass or else.
At that point, the stranger
grinned and identified himself as
B. j. Craig. treasurer of the Ford
company.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Colgate Plants
Now at Capacity

LOUISVILLE, Ky, May 21.--
OBSERVATION-DISCLOSURES Company
is not having shortage of raw
materials and plants are operating
at capacity, Edward II. Little,
president. said here today after
inspecting a new toilet articles
plant across the Ohio River in
Jeffersonville, Ind.
I'VE will make mt Louisville
so per cent of the toilet articles
formerly manufactured in the
Jersey City plant and expect the
new one at -Jeffersenpilie to he
operating by October, Little
said.
He added that new orders had
fallen off sharply since price cell
ing became effective.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Detroit Produce

/ APPLES-M Michigan bushe crates y. s.
No. l. 20 Inch minimum Northern spys,
Delicious and Steel Reds. fair TO luo1
condition. S22582.75; Ganos, fair oondi-
ton. $is5. Washington boxes Delicious,
extra fancy 1s0s, 81 $50 rs; Winesaps,
extra fancy i3ss-i63s, S2q5I3; fancy
extra fancy and fancy Winesaps. $3.50
BEANs-Louisisns bushel hampers Black
Valentines. 81 SIS AIS Bounufuls, S2.25.
Wax Beans SO, few So 20, generally good
lS273.
CABBAGE - Mississippi Los Angeles
crates round type 500 ~ Geo5gla On a
CARRoTs-California Los Angeles crates
dozen, S3.50d3.75; Arizona Los Angeles
crates dozen, So 500 3.75. hne quality
SO 90: Texas Los Angeles crates 2 dozen,
SO. So bushel baskets topped, washed. g..
cAULIFLOWER-ca pony crates
12s and larger, 50 IS.
CELERY-Florida i6-inch crates trimmed
tops Golden Heart 3s-10s, 50 25U2 50, gen
orally good S2n215: Pascal l6-nch crates
trimmed tops 2s-6s, 81 so: California cub
CoRN-Texas sacks yellow. dozen.
s2.6oa2.75; Florida sacks Yellow. dozen
CUcUMBERs - Florida bushel baskets
fancy" So few higher choice" fair,
81 . $50: large size sicers, generally good,
So 25 u $50: Texas buShel baskets, fair to
generally good. 81 .s012.75, OHIO dollhouse
baskets. dozen fancy. Sl.35Tf.40; In
fancy, s1.5oui75; specials and No. Is,
81 asa 30
LETTUCE-Los Angeles crates Iceberg
type. California Salinas district, 5 dozen
fair 20 good Si25q 4.75 mostly $3.50; 4
dozen fair 10 good, s4nt.75. mostly s4.25
1850: s dozen. S3.25a3e50
LEAF LETTUCE 0thouse lob. bas-
kets Ohio, s5c: Michigan. 75qe0c.
ONIONS-50-l sacks, Texas yellow
Bermudas u. s. Comms and L. 3. No. 1,
ST. 5d1.40 yellow Boilers, 81. few higher,
Jumbo size, si.400i6 so; Crystal White
Wax. few ". s. No. I, 81 So y. s. Comm.
81. 30m 80; Bahosa u. s. Comm and y. s,
No. 3" and larger 81 .60Gi.s5 2-3-in.
size. S1.25T IS; ordinary cond... 81; rs"
minimum, Si.15Gi,25.
OTATOES--1O0-lb. sacks. Idaho Russet
Burbanks, U. s.. No. !. washed, S4M4.l5;
IOO-lb. sacks. 81 7oa2.s5; 5o-lb. paper
Mich. L s. Comm and Z. s. No. 1 RuEset
5O-lb. sacks. u. S. No. washed Long
Whites, Si751i.s5. few hest 81 90 100
N. sacks 50. 500 Z So Alabama T. s. No.
washed Triumph i00-lb sacks. 50. Is.
Florida Y. s. No. washed Katahdins,
iOO-lb. sacks, 81 5Od36O: Texas 5O-lb.
sacks Y. S. No. / washed Triumphs. very
few. 50.
STRAWBERRIES - Kentucky 2f-q..
crates. Blakemores. L. 8. No. ]. So 80 Il
Missouri 24-qt. crates. Aromas. 1914.
Tennessee 2fqt crates, Blakemores. fair
to generally good, So 3.15 Arkansas "a
a. crates, Blakeunores. fair quality and
condition. $3.50 J275: ordinary, S292.23:l
poorer, low as $50.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
On the Business Front
With WARD SCHULTZ
Detroit Times Financial Edito

Detroit Times Financial Editor
TIMKEN-DETROIT AXLE
COMPANY has a war bond rally
scheduled for this noon at which
il is hoped, the company will
win its treasury flag.
Speakers are Walter Reuther,
Go international board men,
Der. and Frank n. Isbey. repre-
senting the treasury department.
Clark street is TO be closed
off for the meeting.
Already 100 per cent on war
work in the plant. for many
months. Thinker officials and
workers hope for 100 per cent
participation in the war bond
program.
TOURED THE GREAT LAKES
steel plant the other night in regal
driving around the huge
Yards with Emmett Fink, brother OF
George r. Fink. president of the
steel company.
Let me tell you right now that
Emmett is not just the brother OF
the big boss. He's an old timer in
the steel business, like his brother,
and actually WALKS upwards OF
20 miles a day around those mills
Anyway. the point ] was trying
TO get across was that no chances
are taken in protecting Detroits
defense plants.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Stock Market
Mixed in Fairly
Active Trading

NEW YORK. May Fl NS).-
The stock market opened irreg-
ularly lower today in moderately
active trading. Price changes,
with few exceptions, were small.
American Telephone. strong
yesterday on maintenance of the
dividend. opened unchanged al ll5.
Other high priced shares held
steady except Westinghouse Elec-
trio which fell point 10 66L
The steeis began unchanged 10
fractions lower. L. s. Steel sold
Az. of II. while Bethlehem held
AT 81. Motors were improved with
Chrysler up = and General Mo
tors Il.
Coppers. most of the rails, build
ing, and rail equipments eased AZ
the start. Mail orders were mixed
as were the rubbers.
CHICAGO, May u (INS).-
Grains were under pressure az the
opening today with oats off &c TO
3lsc led by the May future. Wheat
started &c 10 sc lower and corn
&c 10 nc of.
Wheat-May, $l.19A; July.
$f.211t a I.21k; septic b r,
S1.23k G1.23l7; ecem b e r,
$l.26h.
Corn-July, s7% 6Sshc; Sep
tember. 90h q 90%c; December,
93693hc.
Oats-May. 52G SIC; July. 52%c;
September, 52h a 52Ac.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Corporation Dividends

Alabama Great Southern Rail-
road Company has declared divi-
dend of $3.50 on the preferred
and ordinary shares, payable June
26 to holders of record June 2
The firm paid So June II, last
year.
American Cigarette and Cigar
Company has declared a dividend
of $50 on the common, payable
June Is to holders of record June
4. The firm paid a dividend OF
81 on March Is last. In 1941 81
was paid each quarter.
American Stores Company has
declared a dividend of % cents
on the common, payable July l 10
holders of record June 10, A SINH
lar AMOUNT was paid April l.
American Telephone and Tele-
graph Company has declared the
regular quarterly dividend of 81. %,
payable July IS to holders of rec
ord June Is.
Virginia Electric and Power
Company has declared the regular
quarterly dividend of 81 on the
Sc preferred. payable June 20 to
holders of record May %.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Set Steel Rate
Near 100 Pct.

NEW YORK. May 21.-Steel
ingot production for the week
ended May Is is placed at 991a
per cent of capacity. unchanged
from the previous week, in the
compilation by Dow, Jones e. Co.,
Inc. Two weeks ago the industry
was at 9S1a per cent.
u. S. Steel is estimated at 991a
per cent, against 1902 per cent
in the preceding week ard 99h
per cent two weeks ago.
Leading independents are cred
tied with 99ls per cent. against
80 per cent the week before and
90 per cent two weeks ago.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
Refinery Earns
.S251,03O in Year

Leonard Refineries. Inc, for the
fiscal year ended March 81 reports
a net profit of $251 ,030 after de-
probation, etc, and S109,6S0 re-
serve for federal income taxes,
equal to 70 cents a share on 31,-
667 shares of common stock.
This compares with net profit
of 500, 968 or 30 cents share on
340, $50 common shares in the pre-
vious fiscal year, when tax reserve
was SGT, 766.
Sales last year totaled S5,075.-
573, against S3.6Ss.0 in the 1941
fiscal year. The company paid
80 cents a share on dividends in
1912. against 20 cents in the previ-
Gus fiscal year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-21
DETR0f7ga 61szs7MES
M. S. Rukeyser
M. S. Rukeyser
U. S. Will Appreciate
InduSfry's War Job

When censorship lifted after the wartime emergency and
the full story told of the miracles being performed by
patriotic efficient American corporations in beating their
quotas production prestige Of business
with the public will be heightened
The the will have appreciation
efficient industrial units.
There is likely be tolerance bgness which
dked during the depression Average Americans
perceive units compete with the
acknowledgement industries in the Axis nations which under
centralized control acted like single enterprises.
popular approval business achieve most
by good works-by deeds instead Of words.