davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

The ShiphuildnE output has in
creased 20 per cent in the past
three months and the program
nov calls for a total expenditure
of S900.OO0.001. Canada since the
war began has launched 800 com
bat vessels and 100 smaller craft,
and more than "a OF program
total OF 800 merchant vessels OF
the lOOOu-ton type have already
been delivered
steel prodhctou has been Nat a
high level duNHg thA year. the
October output Of steel lncot, ano
caStngA beng 107 per cent
greater than that FOR the previous
month Canadian exports during
the FIRST 10 months of This ycaI
were VALUED a. 81 90000O.uO0.
In connection with external
trade. an intcrcs ting development
was the exchange of notes between
Canada and the United StdtCS bS
which the I've. countries have
agreed 10 economic cooperation
after the war in the fields OF pro
duciIon. employment and Tho *
change and consumption OF goods
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Mexico Accepts
Bond lenders

NEW YORK. Dee 26. Holders
of MeXico'S ) per cent consolidated
external loan of 1899, 4 per cent
external gold loan, 1910, and 6 per
cent 10-ycar treasury notes OF
1873 series A 100000 pounds
are being notified that the BancC
dc Mexican has accepted all bonds
of good delivery rendered to anc
including December %. 1912, pur
suant to the published notice, anc
funds for the payment therefor
have been provided.
Banco de Mexico is notifying
holders of bonds of these issues
that the offer is repeated provided
bonds are presented not later than
Jan. 9, 1913.
Holders who desire 10 accept
this offer are urged to deposit
their bonds at the corporate
agency department Of the Chase
National Bank here.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Electric Output
Breaks Record

NEW YORK. Dec. The
amount of electrical energy dis
tributed by the electric light and
power industry of the United
States for the week ended Deem
Der f9 tUtaied :. 975, $4,000 kiio-
watt hours. a new high record
according 10 the Edison Electric
Institute. This compares with g.
495, 100000 kilowatt hours in the
like 1871 week, an increase OF l3.e
per cent
Output i'm the week ended De.
ccmbcr L. aggregated 3,937,324.O0C
kilowatt hours, against 3470,919.'
600 kilowatt hours. In the similar
194l period an increase Of 1873 PEI
cent and IN the week ended De.
cember ) came TO 1888, 534 0OC
kiIowatt hours. against 3,4l4,S44,'
900 kilowatt hours. a year earlier
an increase OF 1871 per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Black Market Seen

While the CITY folks with
country cousins are farinC bot
ter than their less fortunate
brethren a. regards meat ra-
tioninC. many fortunatcS with
deep-freeze cquipnent1Hfc gong
10 suburban s'auChtfrhouSc> 70
stock up ON hams. bacon and
sides Of beef
Meat rauoning as mentioned
here once before l> sure go bring
2 lively black market because
of tho case with which farmers
can cache part Of their meat
and quietly sell ii for bonus
price,
Washington experts privately
admin it win he impossible 20
adequately police the rural
areas
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

A marked increase in production
of tools. aircraft, gun and tank
parts from Sav-way Industries IS
anticipated when the firm occu.
pies its newly-built main plant and
general offices at 1875 East Eight
Mile road next Monday.
Concurrcntly with this move,
which quadruplcS its available
floor space. T. +. Saffady general
manager announces "A change IN
firm name Formerly known 81
Sav-way Tool and MACHINING
Company. It's name has now beer
changed to Sav-way Industries.
Sav-way Will be IN high volume
production within 30 or 40 days on
end mills which, for the past two
and one-half years, have been ono
of the most urgently needed cut
ting tools in war production.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

is helping our country along
the road to victory" Patterson
wrote. MAY l extend to you and
the men of the Dow Chemical
Company and the Midland Wei
fare Service my congratulations
for accomplishing more than
seemed reasonable or possible
year ago"
The products of Dow, one OF the
worlds largest producers of in
dustrial chemicals. are in use by
every branch of the armed serv-
ices. Since 1916 Dow has been
producing magnesium. lighteSt oil
the light metals and prime factor
in aircraft supremacy. The com
pany. likewise. is well in the van
guard of synthetic rubber produc-
ton with Thiokol and is the
largest producer Of Styrene, ar
essential ingredient of Buna 5.
A simple ceremony has beer
planned for acceptance of the two
production flags, Doctor Dow said
and will take place on the steps oil
the Dow Administration Building
at Midland at noon so that nc
production time VIII he lost.
Chief speaker Will be Mai Gen
William y. Porter, chief of chemi'
cal warfare service, Washington
u {
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

istration points out that this
claimant agency has taken but
a small fraction Of scarce and
critical items. In the first half
of 1912. lease lend exports
amounted TO 81 per cent of the
United States production of
aluminium; 1872 per cent Of cop
per production; so per cent of
cotton output; 3.5 per cent OF
nickel. So per cent of petroleum
products. ITO per cent OF
Aeel; II per cent OF tin, and
16.1 per cent OF zinc. II is
pointed out further that these
percentages are related 10 cur
rent domestic production and
that, if our stock piles were
taken into consideration, the eX-
port percentages would be
smaller.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Brazil Sets
Budget for 1913

RIO DE JANEIR0, Dec. rs
UP).-A 1913 budget. estimating
Brazils expenses at 5,270.160, 7s9
cruzeiros about 1919 ST, 000),
and income at ARTISTS. OOO cruel
roS tabout S7SS.3l6O0OD leaving
an estimated deficit Of 492 65l $50
cruzciroS tabout SSl 65l .00Ol. was
announced today
Although the deficit is less than
that Of the current budget by
l44 S33 .0l5 CruzciroS (about S23,-
S97 O00l. the 1913 expenditures
represent an increase OF 244.085,-
9S5 CruzeiroS Cabout M0.274, 000)
or i.S6 per cent over 1912.
The budgcted income shows an
increase of 3SS9l7,000 CruzeiroS
tabout S63. 81 ,305) or S,Sl6 per
cent over 1912.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Brokers Loans
AT 5.Yedr High

NEW YORK Dec 26.-Attain-
ing a new record for the fourth
successive week, total loans and
investments of reporting member
banks in New York City during
the week ended December .
gained $4,000. 600 10 Sl6,372 0o0,-
900.
With all loans increasing $780,
200 600. loans 10 brokers and deal
Iers in securities were shown 10
have advanced 1891 100000 10
S952 100000. This is the highest
level which brokers loans have
reached since the fall Of 1887.
The latest rise reflected borrow
IlngS by government security deal
IerS 10 purchase the recent offer
IingS Of the treasury certificates
Business loans were up SIG 900 =
900 10 s., 400. 0O0,000
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
On the
Business
front
By WARD SCHULTZ
Financial Editor

There was a time not SO long
sro that the stock market was
considered the Number ! barom-
etrr for everything from cleo
tons 10 wars
Some people still have faith
in the "EN'S ability 70 reflect
important events and although
the New York exchange has
been comparatively quiet they
can point 10 another prize eN-
ample with considerable enthu-
slaSm.
The Toxic and OSaN cX-
changes of Japan comparable
10 our "bjC board and Curb
markets suffered such severe
declines after The battle OF Md
way and the SolomonS affair
that the japanese government
has decided 10 replace them with
z government controlled market
The inference is obviouS--thc
Iaps could claim Overwhelming
victories from Pearl Harbor I'M
III doomsday but the astute lit
tie japanese businessmen wanted
something more tangible than
claims when they bought or sold
stocks-and they didn't exactly
eXude confidence IN Their mar
ket actions
Toxic radio claims the sole
reason for the change IS that
the markets failed ito limit
fluctuation in prices.
But YOU can be sure that the
action would not have been
forthcoming had the markets
not sold OF badly after the
phoney naval victories
Anyway you look az IT, the
move is a distinct sign Of weak
ness on the part of the Empire
OF the Rising sun
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Barron S Business
Index Holds Steady

NEW YORK, Dec. 26.-Tho
physical volume Of business in the
week ended December 10 held
steady at 1928, unchanged from
the preceding week according 10
preliminary figures on Barron'S
Index. adjusted for long-term in
dustry and population growth.
Final figures await issuance on
Monday of carloadingS totals for
the week of December ~. A year
ago this index was 1916.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Secondhand Stores

And again the department
stores Of this city may 60 INTO
the second hand business IN a
big way -
Eicht or more stores over the
country already are m a X n 8
nlans 10 open used furniture
departments in order 10 salvage
some of their anticipated losses;
Some opened restaurants ana
Others food counters, only 10
find out that they had literally
stepped from the frying pan INTO
the fire. what with the rauonlng
end shortages
Most think that the used FUR
niture has distinct poSSlblhtleS
and if il proves successful, other
secondhand departments VIII be
opened.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Busy on Research

The three lesser plants provide
an aggregate OF 1900 square feet
and employ close to 100 other
workers.
Aside from production machin-
ing and machine tool output the
new main plant has a separate
two-story structure for an engi-
neering and research laboratory.
Six researchers here are active IN
the development of new products,
several having important postwar
applications, which have been a
feature of the rapid growth OF this
young Detroit concern.
Occupied 100 per cent on war
WeFtk- since It's start II ne search
for new products 10 develop in the
postwar world has been perhaps
the most striking characteristic of
the notably youthful organization,
of an average age of %. each a
specialist in his particular line.
drawn from leading concerns in
the country.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
A 2-Way Street

In view Of the reported de-
velopment of lease-lend into a
two-way street, there is some
sentiment for changing the
quarterly reports on lease-lend
10 Congress 10 include the off,
setting items. y, That is. pro-
vided il can be done without
giving aid and comfort 10 The
enemy. Even in outgoing items,
the President, in reporting 10
Congress, is authorized by stat
ute TO withhold information
which might disclose secret mill
tary data.
In spite of the gigantic pro-
portions of lease-lcnd in the ag-
gregation, the lease-lend admin
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Reach 7ia Billions

The last official report showed
that American lend-lease aid 10
nations associated with us in the
war had reached seven and
half billion dollars, and Mr.. Stet-
tiniuS revealed that the outflow
will soon amount 10 a billion
dollars a month.
Apparently the offSetting in
flow of lend-leaSe aid to the
United States thus far has been
Of only token proportions, as 1t
has not included all American
purchases. some of which have
been paid Tor in cash..
Mr.. StettlniuS, IN a magazine
article, m d @ this important
qualifying statement:
valued I'm dollars, the lend
lease aid we receive does not
begin 10 equal what We give.
There Is no reason why IL
should. This is not limited war.
III we are TO win, the great In
dustriai countries must fitera1fy
pour out equipment To the fight
jng men In the front lines. Each
OF the United Nations IL fight
ing for its very life. Each must
give all the men and materials
il can muster. That Is the only
measure by which To judge the
contribution of the 2S partners.
Because capacity To give
must be the test, we are still
paying for many of the things
we are getting from our Allies.
Most of the raw materials which
we receive from abroad, for eN-
ample, are bought with dollars.
This may sound strange, hut the
reason for II Is simple. Our Al
lies still have 10 buy many
thIngs4 from us with dollars and
IL Is vital part of our policy
to prevent the war from de-
stroying our Allies finances.
"Lend-lease does not include
hundreds of millions Of dollars
worth Of minor cash purchases
which the Births, Russians and
Chinese must make here to meet
their vital civilian needs, and
the expenses OF their diplomatic
missions in the United States.
Nor has the lend-lease policy
been made retroactive To cover
the several billions Of dollars
worth Of munitions which these
governments ordered from our
manufacturers before lend-lease
began"
The treasury Is currently Civ
ing close study 10 the finances
Of Allied governments. 1t feels
that we have responsibility
for assuring their continued
capacity 10 meet their obliga-
tions. II is recognized that one
way TO assure a supply Of dol
lars 10 the Allied nations is
through payment of az least part
of our purchases in dollars.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Mutual Investment
PAYS 40( Dividend

The board of directors of Mutual
Investment Company of America
has declared a dividend Of 40 cents
per share, payable December %
to stockholders of record as of
December p The company paid
a dividend of 10 cents per share
July !. making a total dividend
distribution Of 80 cents per share
for the current year That COM
pare> with 40 cents a share paid
in 1911
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Women Take Jobs
In Coast Wineries

SANTA ROSA, Cal, Dec. &c
GNS) Women invaded another
strictly mans job when they in
vadcd the Santa Rosa, Cal
wineries today.
For tho first time in the history
of Santa RoSa's wine industry
women were employed 10 press
grapes Previously women had
been employed 10 pick grapes and
lately had taken over Jobs Of driv-
ing trucks loaded with grapes &c
the winery
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
troubles With Help

II Detroit department store
executives think that they re
having troubles with help they
NAV get some consolation from
the experiences of L a ter n
stores
a big Philadelphia store hired
a large staff of new clerks ana
then had 10 fire GO because they
were under 16.
Another store fired two clerks
for litter bugging behind the
counters and a third for Smok-
ing behind the counter.
One personnel man started TO
reprimand two girls for stand
inc in the aisle talking TO TWO
sailors. only TO apologize when
they informed him that they
worked for the store across the
street. When he suggested that
they might be needed there, the
girls said that no one knew they
were out.
A Boston store official dazedly
calls them counter lrritantS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Tax Refund
Central Receives $288,oS7
on 1918 DISBURSEMENT

WASHINGTON, Dec. 26 (UP)
The internal revenue bureau to-
day announced an income tax re-
fund Of $2SS.0SI11 to the New
York Central Railroad for an over
assessment of $3.50 SlS.67 on 1915
taxes.
The bureau said additional al
lowanccS were granted the road
for depreciation. business expenses
and taxes. In addition to the re-
fund. the railroad received a credit
.of SlS6. 09l29 and an abatement OF
.S1l1.640.27.
The New York CcntralS was
one Of u tax refund cases totaliHe
SSOl 532.67
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Five CoIored Lenses

Army aviators are looking at
the world through rose colored
glasses now.
Goggles with five colorcd IN
Interchangeable lenses are now
standard equipment in the aVi-
ators outfit. They have clear
green. amber and light and dark
red as protection against dust
and glare
The red lenses arc used 10
aid the fier in quickly adjusting
his ewes from hghi 10 darkness.
And the aviatorS have no cor
ner on the goggles either be-
cause tank men and antI-alrctait
crews arc getting similar equip
furTf
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Mobile Dipping Tanks
Improve Wool Crop

ITHACA, y y, Dec 26. GNS)
Portable sheep dipping tanks
this year helped 500 New York
State farmers TO improve the wool
crop from more than 10000 sheep
by control of lice and ticks
The dipping service operated IN
nearly all the important sheep
growing counties Of the state, Prof.
II. a. Whitman of the State Col
lcge of Agriculture said, saving
more than 600 days OF labor. Cost
of the dipping 20 the owners was
about SIX cents a head
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
UntIe Sam Starts
Bio Run in Hose

WASHINGTON. Dec. 26 (INS).
The WPB today announced col
lection Of $1,000 pounds Of dis
carded stockings during the first
month Of the nationwide silk and
nylon hosiery salvage program -
enough 70 make more than 100000
gunpowder bags
In addition, bills of lading cover
ing $1,000 additional pounds on
route have been received by the
Defense Supplies Corporation.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

overseas. Mr.. Stcttinius indi-
Gated that the offsets include
rent for office space in foreign
countries, electric current, trans
portation, housing and food. No
figures have as yet been made
public as to the extent TO which
such items for which payment
has not been made in dollars
have offset the billions Of dol
lars of American goods sent
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27

p a n Y, n @ y |
Tuesday, w i'll
receive the un-
usual honor OF
two Arny-Na
IF" pennants,
DR.. Willard II.
Dow, president,
h as b @ e n in
formed by Rob
ert T. Patter'
son, underSecre-
tary of war.
"YOur pa
triotisu, as
s h o W n by
your remark
able produc-
tn -naArtu
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Stock Market
Generally
On Upgrade
ChrysIer Among Top
lndusfrials 10 Hit AZ
Highs; Rail LIST Steady
By ELMER {. WALLER

NEW YORK. Dec 26 CUP).-
Stocks made an irregular advance
today with So-called peace issues
best performers.
Volume was small. a fairly
heavy turnover continued IN low
priced ISSUES Cold mining issues
were active and a few leaders, IN
Guiding L. :. Steel. Kcnnccott and
New York Central, were moder-
ately active.
a hrmcr tone IN steel issues
aided the general list The indus
trial average made a new high
since Nov. 5, 1871. on a small net
gain. The rail and utility aver
ages We're about steady.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Rapid Expansion

Now employing nearly three
times as many workers as in mid
summer and only two men al the
start in mid-January, 1911, activl-
ties have so expanded that Saw
way now is composed of six major
end mill, gauge, internal
grinder. plastic, precision produc-
ton and speciality engineering
In addition to the $4,000 square
feet OF floor space and more than
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Detroit Produce

APPLES Michigan, bushel crates, L. s.
No. /. 2 u Inch minimum. unless OtherWise
stated--Cod storage: Mcintosh Sl,I3 q
! So. Delicious. 81 asa $50. best 81 Is.
Northern Spys. Si75N2, Jonathans, 81 -
~ SHOWS 81 so. common storage Bad
wins 81. Wageners. 81. Starks 81. 1871
/ % New York. bushel crates, Mcintosh
t. 5. 40 L. pa inch minimum Si73u
1.s5; Washington. box Delicious extra
fancy, sO-125s, 1913. fancy, 72-13ss. 50 81
GNIsE California. Los Angeles crates
81 5Oa475; p crates 81 25H 90.
ANOCADOS California, Iats 20.3Os
s. f0a2.50. Florida. flats Sis Sl7'
BEANS -Busbsl hampers: Florida Plen.
tifuls, 50 50 & wax beans. best, san %
fair $3.50: Black Valentines. generally
good. 50 70. ordinary, 81 n 10
BEETS Texas. y crates. 81 s5H2
BROCCOLl-Cs California, pony crates, ~
BRUSSELS spRoUTs-cs California, y
drums. S4H450
SO 4Ou3.5O, generally good So IS; - crates
81; Arizona Los Angeles crates, 81. Flor
ida. III -bushe hampers. 81 23m2 80, fe"
S275. few low as So; New York, 50-lb
sacks. Danish. xi.l0.
CARROTS -Los Angeles crates. s-dozer
lunches, California, S4.5oa5.25. Arizona
CkULIFLowER California. pony crates
rs and larger, S3d3 Is.
CELERY Michigan. bundles. dozel
stalks. medium. Zoe; California Pascal
wire bound crates. "a dozen, SI7sg5; Z
crates 2O-tnch So. Golden Heart 1920
inch. q crates. 80 dozen, S5.25; Florida
wire bound crates Golden Heart. washed
4 dozen. Sc 6-s-i0s. 81; Xxx. x6.5OUT.
CRANBERRtES-- Massachusetts. "a bar
GRAPES California. display Tugs. En-
perors, T. s. No. /, S3.25. generally good
LETTUCE-Los Angeles crates. Iceberg
Arizona, Yuma and Phoenix districts, ,
doz S5H5.25. few best high as $3.50
dor. S51i 80, few Si.75.
LEAF LETTUCE--fIothouse, lob. bas
kcts Ohio. 81 45ul.5O.
ONIONS 5O-lb. sacks, Michigan, u. .
No l. Yellows. medium, best, 81 80 q ], %
fair 10 generally good, 81 3au /. so. lO-lh
sacks. medium, 80 v Sac. 10-lh. sacks, Vel
medium, generally good. l.50; Colorado
sweet spanish u s No. I. Sin AM
larger. 81 80 12 2. Colorado, Round Whites
generally good, medium, 81 20.
PEPPERS - . -bu. crates, Caliiorni'
wonders Florida, 50 55H4 fair quality
7 50, ordinary quality. S2H2 so; Texas, So D
a. hu bskts 81 15u3,sj,
POTATOES i0O-lb sacks, u. s. No |
size a, Idaho Russct Burbanks, washed
So IS. unwashed, S3.15Q B IS. Maine. vsri
Si.2Sa1.30, 15-lb. paper sacks, 40utle
Nebraska Triumphs q $ No /. washed
1925 5O-Ib sacks. vi 65Ul IS. Michigan
/ Chippewas s. IS. Russet Rursls $40
I 2 %. common. 81 10; Upper Peninsula, 10
7 10 paper sacks. a. s 30. /. Chppewas
RAnISHES Texas. pony crates. g ibh
20 North Carolina. pony crates. "
. sHALLoTs-LOuisiana, barrels, sos
: ali.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
SaU-Way Industries
In NeU Plant Monday

500 employees of tho new home
two other plants have recently
been purchased one for manufac-
turc Of automatic screw machine
parts and one for sheet metal
parts and fabricating - and a
fourth now is being built 10 house
Tho bcat-trpatinr division.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Lease-Lend Principle
Now Working z Ways
Allies Partly Offset Obligations
With Aid TO u. S. Forces Overseas
BY MERRYLE STANLEY RUKEYSER
International News Service Economic Commentator

WASHINGTON, Dec. 26.-Edward r. Stettinius ~, Tease
lend administrator told that that
the principle Of easeend working both ways
In words Great Britain and Australia
partially oSetting their obligations kind to the
United foodstus miscellaneous products
United States through contributions which
the moods Of soldiers sailors and anen
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Postal, w. u. Strong

American and Foreign Power
stocks made new highs or equaled
their highs Postal Telegraph pre-
ferred and Western Union were
up nearly a point each.
Demand for gold mining issues
resulted IN activity in the group
Homestake Mining rose nearly a
point and new highs were made
by Mcintyre Porcuplne. Dome
Mines and Hudson Bay Min
ing. Alaska Juneau was active al
a small gain.
Norfolk and Western gained n
point. Most Of the tire group was
around the 1912 highs. Mercan-
tiles about held their own. Ameri-
can Viscose made a new top. John
Morrell was a soft spot, making a
new low for the year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-27
Rail Bonds Firm

Bonds made an irregular rise
featured by tiTmneSS in rails.
Dealings were light in commodi.
ties. Grains moved over a mar.
rowly irregular course and cotton
futures registered advances rang
ING 10 50 cents a bale.
a number of high-grade indus
trial stocks made new highs for
the year They included Chrysler
AIR Reduction, Corn Products
Deere d Co. international Har-
Xcster, International Nickel pre-
terrru, tTeStone, Libby-Owens-
FORD Glass, PepSi-Cola, Standard
Oil tlndiana) and Texas Company
Hercules Powder, Socony- Vacuum
Standard oil IN. JD, Pure Oil
United States Rubber and Pan
American Always equaled their
highs.