davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Stock Market
Remains Steady
As Trade Lays
Leading issues
Seldom Traded as
Volume Hits "a Low
BY ELMER c. WALLER
United Press Financial Edi.or

NEW YORK, June Is fUP).
Trading fell off to the Hghtest OF
the year On the stock market to-
day while prices fluctuated mar
rowly and were about unchanged
on the general average.
Leading issues only appeared a.
few times on the tape. Steels
registered minor declines while
motors gained fractionally, rails
held steady, and utilities gained .
trifle.
United Corporation led in
volume by virtue of an opening
block of 2,100 shares at Sis. 1t
came back TO the previous close
of "a. Curtiss-Wright, Schenley
and Consolidation Coal were rela-
lively active, the first unchanged,
and the other two firm. A hand-
full of special stocks had gains Of q
point to 81 points, the latter In
Revere Copper and Brass pre-
ferred. There were few losses
ranging to 2 points in Beech-Nut
Packing, which only appeared on
the tape once.
Liquor Issues Firm
Liquor issues were firm with
Schenley. Amusements gained
slightly. Oils were steady. Chemi>
Gals, mercantile shares and air.
lines were firm. Sugars were
mixed.
Cuban American preferred sold
at SO, up "a. while Fajardo lost
a point to 20is. American AIR
lines and Eastern Airlines gained
u point each. Chrysler was up y
lat 601s and General Motors up
\ at 37ss.
Goodyear made new high and
then eased to the previous close.
lU. S. Rubber held steady. Cater
pillar Tractor and American 70.
bacco B were firm.
Gains Of I to 3 Points
j Among issues to show gains Of
IL to 2 points were Consolidation
: Coal preferred, Twin City Rapid
Transit preferred, Union Electric
lof Missouri 4 n per cent preferred
and II. S. Distributing Corpora
ton. u. S. Gypsum gained nearly
"a point. -
international Minerals and
Chemical equaled its high Epd
Consolidation Coal common made
IA new high, each on q small rise.
Lone Star Cement, Curtiss- Wright
IA and Acme Steel made new lows
: for the year. Colunbia Gas
lequaled Its low and then rose to .
small gain. 90 81
Movement of the list was purely
technical and no attention was
paid to current news develop
ments. experts said.
Bonds made an irregular adj
vance but lacked feature. Strength
lin cotton featured firrner come
Imodity group.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
PhiIeo Converting
Facilities 10 War

NEW YORK, June 13.-Work OF
converting Philco Corporations
facilities to wa production IL
nearing completion, James T.
Buckley, president, stated today.
He said that while earnings
after estimated taxes in the firYt
quarter Of 1912 were slightly
greater than year ago, they did
not fully cover dividend Of rs cents
per share paid March ~. In addis
ton unusual costs attendant upon.
conversion to war production are
being sustained in current quarter.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Earnings Dropped Despite Heavier Volume

Volume sales months Of 1912 clinped 81 65
ITO the available for wages declined SSb TO
Sl67s5 800. .,
the Handicapped Inc 10 still looking
% line and more var business
And il that the heads OF Detroit concerns could
help this company along They might even
purchasing that instead giving business
league price being equal the firm could stand to actually
Don't misunderstood me- Those handicapped workers aren't
asking for single It's all idea.
recall that from the League Of the Handi
capped consisting blind and crippled the FIRST
blood FOR the Red Cross blood hank then
figure maybe they're entitled TO break
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Glass | Rails Earn
SA,S87,97O in March

WASHINGTON, June 13.-Re-
ports for March of 1876 Class ]
railroads to ice show aggregate
net income of SAC, $751; $40 after
taxes and charges, against $780,
328,623 in March, 1e41.
For the quarter ended March
81, the net income was sos, 137. 845
against S69,445, 410 in the March
quarter of 1871.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
House Studies
General Sales
Tax Proposals
Doushton Says Levy
May Be Necessary TO
Raise Required Amount
BY ARTHUR HERMANN
Int'I News service stan Correspondent

WASHINGTON, June 13.-Fall-
ing at least $4,000, 900, 900 short of
the $4,000 100000 called for in
treasury recommendations, TIL G
House ways and means committee
today turned its attention to yari-
Gus general sales tax proposals.
designed to meet financial require
ments of the war program.
AS the committee completed &C
tion on treasury recommendations,
Chairman Doughton I'D OF North
Carolina, told reporters that
sales tax Is probable if the com
mittee is to raise the required
amount of revenue.
In previous discussions, the com.
mittee has looked into general
sales tax proposals to be levied
either on retail OF wholesale sales,
or directly on the manufacturer.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
New Bond Offerings
Shrink TO $4,000

NEW YORK. June -. - New
bond offerings this week amounted
Ito $500, 900 as against $50, 9l2 600
ia the previous week and S24,-
I349 900 last year, it was reported
today.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Grand Rapids Vdrnish
Paws 10t Dividend

Grand Rapids Vsrnish Corpora
ton has declared dividend of 10
cents on the common, payable
July /. 10 holders Of record June
%. The same amount was paid
April /.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Sabotage Output

'Tn the present world war all
this is changed. Thurman Ar
noid's staff now engaged I'm IN
yestigating and prosecuting
antitrust cases IL nearly five
times as great as II was in 1888.
More than 5000 individuals,
firms, corporations and associa-
tions are now awaiting trial
under the antitrust laws.
"When these defendants were
doing the acts for which they
are now being prosecuted, most
of them could have had no idea
that what they were doing could
ever be called In question as an
offense against the antitrust
laws. This Is demonstrated by
the fact that In the typical anti
trust case, the government has
to spend weeks and months In
court before II can develop the
basic facts on which to establish
q violation of these laws.
''1f the government after as
sembling all the facts requires
all this time to prove an anti
trust law violation, 1t Is absurd
to believe that there can be any
consciousness or idea of guilt on
the part Of defendants who for
the most part can be acquainted
with only a small segment of all
the facts" =
The truth is that these bust
ness men in a more or less eS
post facto spirit will be tried &c
determine how their past acts
conform with the new and CON
temporary theories Of Mr.. Ar
mold and the court.
If Mr.. Arnold should bat LOG
per cent and send all of these
operating executives to Jail, the
effect would be TO sabotage
American war production. 1t
would be analogous to the pre-
war Russian experiment in liqui-
dating the generals.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Armto Breaks Record
Sd Month In Row

HAMILTON, O., Dune 13.--
American Rolling Mill Conpany's
plant here has broken production
records for the third consecutive
month, fulfilling pledge to WPB
Chairman Nelson. The plant pro-
duced 41,099 tons of steel in May
against 3S,785 in April.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Gen'I Realty Buying
10000 Pfd. Shares

NEW YORK, June 13.-General
Realty and Utilities Corporation is
advising holders Of preferred that
it will purchase at a fixed price
of S26 share 10000 shares ten
dered for sale up to July 8, 1912.
Shares will be purchased in order
received up to the amount sought.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

Some members of the commit
tee felt, however, that when the
tax bill is finally drawn, it will
total only about S6, 200. 900, 900
This figure was given on the as
sumption that a sales tax would
be rejected, and the decision made
to approve the smaller bill.
In completing work on the
treasury recommendation, the
committee. approved increases in
telephone, telegraph and cable
taxes which are estimated to bring
in an additional $50 500, 900 year
Also included in the measure
was a new tax of life Insurance.
companies which would yield $40.
600 900 a year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Executive Manpower
Wasted by Politics
Asks Suspension Of Bureaucratic
Rows for Duration Of War
BY MERRYLE STANLEY RUKEYsER
Init News Service Economic Commentator

against hard boiled nemies we in
the United States wasting important national resource
To heighen all effort should start con-
seon TO take better of the time OF executives
in key private corporations
These men, with the know actely needed to trans
late a trckle of armament production into food tide.
Yet the bureaucra at Washington are
intellectual bottenecks in the
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

basket designed With plumbing avail
able outlet plugged is daily filled with water
soften The reeds Al the END OF the ua.
old tub is rolled out on and emped
hat Us one the minor inconN eniences.
81 S in the homes Bundles containing
materials for weeks made and delivered,
is kept hand to do the Jobs which mus
the little plant such as the ret sort
ing printing, etc. -. -.
work volume but smaller profits
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Detroit Stocks

f biv,senas Ia X. ior,to,ns liable are tn,
amounts declared or paid 70 far this year,
unless otherwise noted. sfiqnidating dlvi4
6end. bon accumulation. tt-Ex-divtdend.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

Likewise, the SEC continues
business as usual in the matter
OF, imposing a death sentence on
the public utility holding COM
panies and other matters.
Certainly the labor unions are
wiser in this new era than the
corporations, for they appoint
men to devote their full time to
such negotiations. On the other
hand, the corporations involve
their chief executives in these
protracted dealings with govern
ment. The obvious remedy lies
in freeing production, sales and
promotionai executives from
these nonproductiye chores, and
appointing for each company q
new vice president in charges OF
relations with government.
Perhaps the biggest diversion
of key men from their main
task OF producing and exchang-
ing goods, including vital war
materials, is Thurman Arnold,
assistant attorney general in
charge of antitrust prosecution.
He is not only doing business as
usual at his stand, but is in
creasing his normal efforts of
litigation. President Roosevelt
has indicated that where such
prosecutions retSfd war prOduc-
lion they should be deferred.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

"In the first world war, anti
trust law prosecutions were In
stituted only In egregious cases,
or In cases directly relating 10
the national defense. In cases OF
lesser Importance, the govern
ment appeared willing to let
business men devote their undi-
yided attention to war produc-
ton, without the harassment OF
antitrust law Investigations and
prosecutions.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

In delineating the situation,
Gilbert II. Montague, New York
attorney and specialist on the
antitrust laws, recently re-
vealed:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

whole productive process. The
remedy lies in postponing for the
duration most domestic contro-
versies, and thus leaving all
American groups united to pitch
against Hitler, Hirohito and
Mussoiini.
But instead these highly use
full and productive men are fair
game for any little bureaucrat.
They must spend endless days
before panels of the war labor
board in order to participate in
a jawbone feast about technical
phases Incidental to renewal OF
labor contracts. Though the
unions announce their stand,
employers are cautioned to de-
sist from public statements
while the proceedings are under
way.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

there's Still Some ONITdh WoTk NVdHdUIe
Yes there are civilian products to be made rs
twisted plastic bracelets wht
be thousands of girls in the e ana ten Cef
stores Then there's complete print shop . -. . a.,
making wicker work and sign oil the tlhss u
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
The Business Front
Handicapped War Plant Workers
Reclaim Thousands of Plane Rivets
BY WARD SCHULTZ


HIS is story Detroit companys conversion to war
work.
firm little than 90 per cent con-
yerted but faces difficult problems than the
- largest industrial concerns
You employees Handicapped -,
Of fact the OF this firm the Detro League
of the Handicapped Inc. -, -
It's not a big outfit companies and employed an
average only persons during s4 However its success or
failure measured the profit and loss columns put
opportunity the deaf the dumb the pima
crippled honest living and feel that they nave
place in this world. -. -. 49,.
Measured in those the leagues earnings must surely top
the millions of the Big Three -, -
because this outfit strictly business and gets along on
necessarily face the problems as oher
Industrial companespoes shortages loss OF civilian business
difficult the leagues clientele ana us
developed number of and reect g
Of can't step out door
and product than be turned out by nna "orka
II matter how skilled he be IN his craft
through the leagues plant at ZIG East Jenepn avenue
Nelson W. Mccormick director oil the league
showed me some O jobs they're doing today 49,
Practically finished production of one old sandpy-s
rlbbe doorrn O old tires.
Sharply curtailed the making Of gloves which
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14

Michigan manufacturers Of more
than 400 civilian articles made of
iron and steel were reminded by
the War Production Board today
that June 10 is the last day on
which they can produce these
items.
James f. Wilson, manager of
the regional priorities division,
said this deadline was set forth
i'm WPB Conservation Order M-l26
for fabrication of parts. But VIII
son added that M-126 allows an
extra as days, or until August 3,
to assemble manufactured parts.
The stop order, covering a
multitude of common civilian items
ranging from pie plates and waste
baskets to fountain pens and bath.
tubs, affects not only manufacture
ing plants but housa DIS OF
wholesalers, distributors, jobhers
retailers, employees in all these
businesses, and the consuming
IDllblic.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
A Dual Purpose =

purpose of the sweeping
order Is not only TO conserve
vitality needed iron and steel
now used In making non essen
tial civilian items = that Is,
non-essentisi 60 the war effort
but also to convert plants and
manpower into war work." VIII
son explained.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-14
Unlisted Stocks

Approximate prices furnished hy IA,
nc, District No. 8.
The Wrangell sentinel., 1942-05-08
ON sTBQE w ASBIlIGTGT0N
 FRONT
Bv#Jaok Snnnett Associated =Press)

WASHINGTON-Back around lSO0. with much creaking and grooming. something got under way that sociologists call the industrial revolution. Some scholars view it as a mixed blessing. Their theory is that there are too many mach ines. that this makes unemploy- ment and misery.
 Maybe so, but
 Don't go talking to Washington stenographers about too many machinesi
 There is one machine of which there are far. far too few. It is the common typewriter.
 The government has hired nearly 10000 stenographers and typists since Pearl Harbor. Although that's not a net increase. since some of them were replaeements, there are enough new girls to put quite drain on the typewriter supply
 Especially is this true since the War Production Board ordered typewriter production slashed Last year about 730.0O0 standard and 530,00O portable machines were built. The government purchased 220,000 of them The WIPE order permits 325.00O standards and 75.- GOO portables this year The Army and Navy are to get 6S per cent of the standards and 88 per cent of the purtables. but both have indi- cated that isn't enough and that they may appeal to WIPE for more.
 To meet the shortage. WIPE has authorized the Treasury's Procure ment Division to ration typewriters to all agencies. In addition to the War and Navy Departments. the Maritime Commission. and Lend Lease Administration are exempt
 Procurement has abolished it's rule that government typewriters can be traded in after three years and has enlarged it's repair shop. Mean while. Procurement Budget Bureau and WIPE are taking a census of the machines and considering how to get more use out of them They are at least three possibilities:
 1. Typewriters (and other office machinery may be put on a two-or three-shift basis. This would also help solve the office space problem 2. Typewriters may be taken a. way from secretaries who use them only an hour or so a day. Some of these machines would be placed iR a room where several one or two- hour secretaries could use them.
The Wrangell sentinel., 1942-05-08

making under existing law. the War and eXJingencies of the times. you may have forgotten about the much talked about reapportioument bill which probably will govern elee- tions in 1914 in the Territory. Here's Delegate Dimond.s latest re- port on it:
 .The reapportionmeat bill is still in the same status which it oe- eupied when l first wrote you. IL passed the Senate with amendments designed to put il into effect i'm mediately Shortly thereafter, I re- eeived a telegram from the Terri torial Board of Administration con sisting. as you know. Of the Govern or or Acting Governor. the Attorney General. the Treasurer. the Auditor. the Commissioner of Education and the Highway Engineer. unanimous ly recommending that the Senate amendments be not accepted be cause to put the bill into operation immediately. under the cireum- stances. would be highly inadyis- able ! assume that Alaskans are so much concerned with subjects of immediately pressing concern result ing from the war that they would prefer not To be bothered unneces- sarily with matters involving the Legislature and elections. In any event I have followed. so far at least. the advice of the Board of Administration. and unless eondf- tions change I plan on asking the House to disagree to the Senate a. mendments and request a confer enee on the bill. and then at the conference l shall put the whole matter before the Senate conferees and request that the amendment adopted by the Senate be disagreed 10 and that instead the eonferees recommend the amendments which would refer the putting into effect the bill until the time for taking proceedings to elect the Legislature in 1914.
 While I am not certain that the Senate will agree with this change. ] believe that there will be no serl- ous objection 10 it. Personally. I would like to see the bill go into eff feet immediately, but that would necessarily involve the nomination by our political committees of Alas ka of additional candidates for the Legislature. eight in each house. Moreover, I can well understand that under war conditions and the possibility that Alaska may be at- tackled many people who otherwise would be interested are now disin- clined to make any political com mitments whatever"
 Il. W.
The Wrangell sentinel., 1942-05-08

the services and Federal and Ter ritorial offices all closed. many for the entire afternoon in tribute to the former Governor. 4 military squad fired a yolley over the grave as a bugler blew taps.
 The former Chief Executive is survived by his widow in Holly wood. a daughter. Mrs. Alfred Mon sen. publisher of the Empire. a daughter. Mrs. George Lingo. of Juneau, wife of the former Land Register now an officer in the Navy. and a granddaughter Joan Lingo. of Seattle.
 To the family. The Sentinel ex- tends condolences. One of the real builders of the north has gone in the passing of John Weir Troy. With him goes a great era in Alas ka history one in which he figured prominently and effectively.
The Wrangell sentinel., 1942-05-08
TBrlR@UGlHI THlE POLITICAL
 PERISCOPE
e Q Q

Governor Gruening flew back 10 Juneau this week after several months in Washington to find he had technically won one round, act ually lost two in his bout with Alas ka politics In Ketchikan, Federal Judge George F. Alexander ruled this week in favor of the govern ment in the Governors custer case against R. E. HardeastIe of Ketehi- kan from the Unemployment Com pensatfon Commission. The court held Hardeastle's term on the Com mission had legally expired on Feb ruary l, l941, and that his seat was vacant He further held the ap- pointment of the Rev. John Cauble formerly of Juneau but now in Longview, Wash. also was illegal as the Governor had appointed him af- ter the passage of the 194f amend ment to the UCC act which provides that appointments made by the Gov ernor must be confirmed by the Leg islature before they become valid. In other words, Hardcastle is out and so is Cauble and the UCC now has but two members, Mrs. Mildred Hermann of Juneau and Harry Phillips of Fairbanks, who were appointed to fill vacancies when R. s. Bragaw of Anchorage and pr. Noble Dick of Fairbanks resigned. These appointments, incidentally, are valid because they were made to fill vacancies caused by resigna- tion. The new proviso provides that the Governor can appoint to fill vacancies caused from resignation, death or physical incapacity No further appointment can be made until the Legislature meets next January to approve it under the 1941 amendment as a result of the courts ruling. Hardeastle's term ex- pired prior to the 1941 amendment and therefore the case was govern ed by the old law, CaubIe's case comes under the amendment Tech nically, it was round one for the Governor.
 Meanwhile, Hardcastle was candidate for Representative to the Legislature from the First Division and results of the primary reveal he led the ticket for the Democrat ic nomination and also nominated for the Demos were Andy Gunder- sen of Ketchikan in second place and Crystal Snow Jenne and James Davis of Juneau, third and fourth place respectively Round two, all Hardcastle.
 Walter P. Sharpe was Executive Secretary of the UCC when the Gov ernor began shaking it up. The two Governor appointed Commission ers---Hermann and Phillips---gaveI him the boot which was described at the time as a Hong overdue vaca- tion", catch being that it was per manent; replaced him with Robert Sheldon of Fairbanks. Sharpe enter ed the race for Labor Commission against Governors faYorite, Mike Haas. Results of the April 28 prim- ary reveal that Sharpe has won the election by a comparatively close margin and as a result of no COP opposition will be the next Commits sioner of Labor Round three, all Sharpe; a blank for the Governor. Whether Haas could have served had he been elected will remain a mooted question. The law provides that the Commissioner of Labor must be at least a 10-year resident of the Territory Haas is still work ing on his first 10 years in the north
 With a new Legislature in the
The Wrangell sentinel., 1942-05-08

3. Machines may be taken away from nonzwar-effort offices (al- though few will admit to not hay ing a part in the warl and assigned to war agencies.
 Procurement and WIPES Division of Civilian Supply. which drafted the typewriter cut order, are setting good example. Procurement has put machine operation on a two shift basis. and civilian supply keeps a record of each machines working time. Those that are idle several hours a day are switched
 $
 Notes from a Capital guff. It.s been some time since the govern ment's tax planners dished our any thing very palatable. but two re- cent recommendations to Congress will be right tasty 10 a flock of in come taxpayers.
 One proposal by the treasury is to allow the deduction from income of large medical bills ibetween $500 and S2,5oOl. The other is that boys and girls in college be considered as dependents until they reach their 21st birthdays
 \ major operation. or prolonged illness. can consume q huge chunk of the income of a relatively small wage earner but under the present