davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
buy n Bomber
Detroit Produce

APT - Michigan ru cr'' -
rr unless o'nsrptss s'sfec
N,'n'psn 81 759i 90, Delicious 81 1'4
- Sar'hrra SFss q f7rat7s0r
in MN 40 sj.to1 Co. Winter p
nsTas SIS. b rbar1sfeur. 81 IS Wax
net' ylt1l "'
BEANS Flor.ds bp hpf,- R,scs vsre7.
,nes nc'', - i'"3-', farar! 'o iaf
- 5oI3
CARRIAGE oe STOCK Neo Yars so.n
sacks DANISH 're pncIN1 NeV s'u,e
Texas g. rris r0srr 1870 fsIr 30
so"d. - lo11.7a .r-'s 50 topl f".
?-3.crs s. - '7-orts sovof tyne
81 ;" 20 : g.. California T. ,rfs FOUND
ryr, - 81.
California. S. tn5gs' ARIZONA S3to.
pe'' 81 sopf Texas L. A c-s Hoz
50 SiIs Is
cNTIFrowER P.ov r-r. i2s sro
-atser California 81 so9t.-'
CELERY Florida Golden Heart vrs
20 FAR 80 doz s72'p55o far
g 10 d0y g. jOu2 - far 50 Zf i2r
s. ks 81 sSH2 few g. Is. california
Eaaea4 - ~ hound -ettt dor
LETTUCE J.. \ c0' Iceberg 'vpe
LEAF LETTUCE ONO ami Michigan
hni house lu-tb bskis 81 %
ONIONS 81 M sacks o. : 80 +
sweet spanish 3-in ans larger Idaho snd
Colorado 81 50. U'ah far - 2S IdaHo.
3ln. size 81 90. NIrhrsr and Indiana
Z No Yellows so So, 2-in and
larger. 80 n. few -
POTATOES Ioo-lp SACKS. Idaho Russo
Rurhanks T. : so washed 81 I5G
25 smaller sizr 81. in-N sacks 3su
3hc Maine iOO-lh sacks = : 40
Chppe~ss and katshdins 81 iop2 50 50.
N paper sacks 81 30 l5-lb paper sacks
"a II 1ic. far 3sc New YORK Ism paper
SACKS No ! whites. &c Michigan
loo.lh sacks T. No ! Russo Rurss
81 90p2 few - n. Chippewa e. 20 ~
q rppet Peninsula T. : So l. Green
Mountains lo0-ih sacks e. 25H2 90. -.
tn. paper sacks 3Gc Wisconsin r. No
Chippewa unVsshef g 30 Nebraska
Wyoming T. ( 40 washed Triunphs
- ~ co''onsacks 81 so" 30 few 81 So
according 20 color loom cotton satks
81 ioH2 - New stock Florida hp.hc
crates T. 80 : Trumphs S2p2 ~
RAplSHES Texas pony crates 81 rs y
IS nostly - 50
RHi'RARB Michigan ho'house cases
Fancy 81 i0nf 50. Choice 81 i017
Rt'TABAGAS- Csnads 50-lh sacks
waxef - u SIC
SHALLOTS Louisiana harres. 2o-dozen
punches SO 75a725
SPINACH Texas hushsi baskets savoy
type, far 10 good 75H Csc mostly - Il soc
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Warren Bros.
Plan Approved

BOSTON. Jan. 80 $500 Federal
Judge Brewster has filed an opin-
ion in the United States District
Court here holding that the plan
OF reorganization Of Warren
Brothers Company is fair, equi-
table and feasible and is therefore
approved. The Judges opinion dl-
reefs the company 10 fix 4 time
within which the creditors and
security holders may assent to the
plan
Now that tho court has given its
approval 10 the plan, the next step
will be for the company 10 circu-
larize all the bondholders, other
creditors and stockholders seeking
their assent In order 10 make the
plan operative. il viii he necessary
to secure the aSScntS Of two-thirds
of the hondholder> and creditors
and majority of each class Of
stock
1t is believed that these aSSents
Will he forthcoming. So far AS the
bonds are concerned. q substantial
portion Of the outstanding amount
is held by 4 very few persons.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Scans Small Concerns

kanIloI supervision Is over
nine large manufacturers 10
truckmakcrS and 500 smaller
concerns like Briggs Murray,
Budd Wheel and others
What We are trying Ia find
out right aWaN." be said sis how.
full of war work are thee
smaller concerns. - Any concert
that have some open capacity
are To he given opportunity NJ
once 10 take on more orders, 80
they can also get fooled up and
get their machines 10 work
kanIler saw great changes az
work IN The norma life .of The
nation from DAY To day
I'VE won't recognize our Coun-
try four months from now, he
predicted.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Look at Debt Now

Not 50 long ago the highest
un> n-the federal government
refused TO commit themselves
as 10 whether the United States
could stand a public debt OF
SEQ 900 600 600.
a debt Of far more than SlOO,-
OOOOO0.000 Is now definitely
foreshadowed without any eN-
allied administrations batting
an eveld Talk of $50, 900, OOO,-
600 and even Of a 5000 600 OOO.-
600 debt apparently causes not
one qulver among those running
the country.
These news items come from
the seat of government with
out being accorded front page
prominence: the House, with
out one ohiccItng vote. passed
an appropriation. for the navy
alone. agcregating Sl9,97I 963.-
IA. The Senate appropriations
committee approved the army
air corps supply bill. a reltlvely
mild matter of Sl2.5 .S72.474.
Federal Loan Administrator
Jesse Jones asked permission 10
hnost that agency's borrowing
power S2.500O00000.
Newspaper dispatches convey
the impression that legislators
were proud of the wholly un-
precedented $4,000 OOO,OOO APP
preparation.
The chairman 81 the House
appropriations subcommittee on
naval expenditures. Representa-
tive Scrugham, proclaimed II
the most stupendous measure
ever presented TO a legislature.
Wonder if our founding fore
fathers are turning IN their
graves?
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
MARKETS
Future of Banks,
Earnings Uncertain
M. S. Rukeyser

restrict bank earnings and the
earnings heavily weighted with capital and in
earnings bonds rather than rewards for
commercial banking
Thus. though banks still the garments of
commercial banks last century
largely fiscal for financing the deficits of
Utter lack of uniformity in published accounts makes 1t diff
cult banking table equivalent compilation show
the standing Of the clubs in baseball
In circumstances several Of premier industrial cor
will reveal much profit the first ID banks
combined
According to their figures, the Bank of America Clan
minis California bank but when their
figures comparable those used
the banks they appear exceeded by the
Continental Illinois Bank Company Chicago and by
the Chase National Bank New York.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Looking for Machines

kanllCr secs tho Spoedup ~
var productions resting entire =
on the availability of maChlr u
and putting idle machinery "
work
We've n list ~ critical ma
chinerN in Washing nc said.
land today We are circularizing
the list asking for these ma
chimes. We are asking IL those
having the machines are using
them for war work or on tools
for war work or on parts for
war work. II they are free, we
ask when they viii be- used.
we expect 10 take the ma
chimes which are idle and make
the first speedup with them
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Detroit Times Financial Editor
W. WARD SCHULZ

price II must also carry the cash
pure for that article IN equal size
typo 49,,
ON ths premise. All price tags
-or goods are considered advertise
mort, and therefore all goods
must carry moth a cash and credit
rireo tag # that store does any
credit bu,ucs, ~ all
PHILLIPS TOLD of some Of
his more interesting experiences,
'oI
There was ono man who had
purchased 20 pounds OF sugar the
1ay before ra'onlng started lie
brought back H. pounds stating
that nc wanted every one 10 have
ms iu>t share
Then There Was tho case ~ ono
of tho mg Toronto stores II had
one lamp which CaTcd three DIFF
fcfcnt prices on 'mcc different
floors When tnc price freezing
became effective they were not
permitted 90 Use me highest Pre-,
for the level ON 'hc lamp. bui had
10 continue IN sell that same lamr
on zach of Tho three floors az tho
Same old prices
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Read Glad Tidines

p S. Lest these looming tax
burdens might cause YOU the
slightest uncaslncsS read these
glad tdings to become con-
vinced beyond cavIl that econ
or7v is the watchword OF Con-
rrcss Rep. Jessie Sumner Of
Illinois induced her colleagues 20
amend the S2o000000 600 bill
nv inserting A clause forhlddlng
the spending Of one billion dol,
lars or one dollar for diamond
bracelets. diamond pins cham
payne or even orchids for ladies'
"chrlstenlng' new vessels
Excellent, But II is hardly
The only economy Washington
should effect
corv-tsb' 1872. hy 2 F0rhes
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Auto
Graphs
War Work Brings
Retired Industra|ists :.
Back in Harness
BY SILER FREEMAN

If Ernest {. kanzler is anv
prophet, a great many retired
industrialiSts will soon come out
Of retirement and get back into
harness. The golf courses loss
Will be The nations gain. the new
car Of the automobile industry
predicted.
Kanzler giving his first formal
press talk yesterday since he
was picked by Donald NJ. Nelson
10 speed the conversion Of The
plants here 10 war work. be-
walled the dcarth of material
for top Jobs in his organization.
Were building from the he
ginning" he said. Were re-
crniting from the top men In
the industry, hut there aren't
enough"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Government Bond Profits Made Banks Look Goo

leading banker quoted FInance Magazine makes No
subloned analysis of profit conditions and prospects
for the banks
Banks having n difficult make a living
They have been favored in the with rising
which
profits would
increased continued low the
prospect does not look good In the future
IF the rate Of earnings compared with
what used he either capital employed funds think
will he clear bank build
keep the continued
For the
net loss after wrtrois with The
a
period
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Pooling TO Be Selling

The Automouye Council on
War Production has made an
independent survey 81 the ma
chine tool situation. While
Kan2lors survey takes in Only
- types NJ critical machine the
council has covered 100000 IN
its qucStIonnairc. with the idea
Of carrying on pooling
Pooling" kanZlor stat . 4.
Twill he mainly by selling. rather
than leasing"
Prices on used machinery have
been SCI by Icon Henderson :
office. no SAID which ~lll do
away with any dispute although
price is almost no consideration
today
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Depreciation and De pIetion Charges Up

Third the necessary charges for depreciation and depletion
sharply high level The only 1913 million dol
lars the fourth of 1910 Last the fourth quarter
charge 80 million dollars The Of plant for
for the whole 73 cent of shipments di-
recy for 'defcnSc'Caucd extraordinary and tear
Finally. materials such thus
costs.
1910 and 194l earnings increased only l35 cent
notable that the showing became uhfsVorahe
the Since the already 100
capacity, still increasing and what
can YOU n
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Buy n Bomber
Boston & Maine
To Pay Interest

BOSTON. Jan so Directors of
Boston and Maine Railroad have
voted 10 make payment on May |
Of interest totaling SCI per 81 600
bond on the income ii2S Of 1870.
or The SCI interest. SD consists
of interest accrued al rate Of \
per cent annually from June IL.
1910. 10 the end Of that year Pay
ment of this amount was optional
in 1871 and directors a year ago
voted 10 exercise the right 10 defer
1T. The remainder or Sl5 repro
ScntS interest accrued in 1871. In
all, So. las 4S will be paid " in
tereSt on the / !. per cent income
issue on Nav |
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Beth. SteeIs
1941 Earnings
3411 Millions
Total We'll Under 1910
Despite Gain al End
OF Year; Dividend $3.50

NEW YORK Jan. 80 INSl -
Bethlehem steel Corporation dl-
rccto,> today had reported a gain
m earnings m tho December quar-
tor over The previous three months
and voted 81 30 common diNi-
dond, same as IN preceding quar-
tors
Net was Sl0459.7i2 in the last
or s. 96 a common share
against S19l0.569 or s. 10 a share
m The September quarter and
Slf5l6.T19 or Si32 a share in the
December quarter Of 1910.
For l9ll earnings were S3i i57.-
196 or S935 q share against SIS
617.52i or Sli0 d a share in 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
HOG PRICES TNENEN

HOGS Weeks salable receipts
5000 Swine prices figure un
evenly. 90 10 35 cents higher thar
last weeks close with all Of The
gain noted on the initial market
dav this week Butchers scaling
lS0-260 pounds show most i'm
provement with stays thc only
class that failed 10 sell higher
Good 10 choice 1S0-260-lh butch.
crs huIked At S1I7On II 90 daily
small killers paving the top nj
Sl2 on sorted lS0-220-lh weights
Butchers scaling 260-350 pounds
earned Sl1.10N so and 350-i5C
pounds BIC weights ST 20d 1130
Around l65-175-lh. lights brought
.5OT 1l75. 1I0-160-lb. largely
SIT Tips with Sl075 the popular
figure on pigs averaging under lac
pounds Good 10 choice under 49,
pound SONS cleared At sos from
day to dav most good 325-500-lb
weights $1,000 and heavier offer
inGs STOPS The popular price on
stays held steady at $3.50.
SHEEP--Week's Salablc receipts
5000. In general way. fat lambs
advanced fully q cents compared
with last weeks close. although
the extreme top was no better
than steady. Good 20 choice fed
native and western lambs hulkcd
n Sl250u 1885. mostly Sl275 Il
1at 1, H..
top S13 on two lunches Of strictly
good 10 choice S5-pound fed ma
tIvcS Mixed grade medium 10
good lambs turned AZ Sl2n 1880
odd lots Of medium grades sold
down 10 SIPS and most Gull 70
common light lambs $500 IL
Slaughter ewes hold steady, mo-
dunn 10 choice grades Sc y n 80
Gull 10 common offerings 81 50 q S.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Forbes
Believe n or Not,
This Comes From
Member Of House
r. {. FORBES

Believe n or not this comes
from a member Of the House
NJ REPRESENTATIVES.
Il feel n YOU do that We
should put stop 10 useless
,pending. am a member ~
committee that. IL considering
setting up another federal hui
reau. II would merely add one
more bureau. a. well n setting
nm regional offices all over the
country. This alone would not
he a bic item. hut II would be
the start oi another federal
agency that viii grow and
grow.
"It seems 10 me there could
hc a reduction In government
inspectors. The department Of
labor. for example. has in>pec-
tors for child labor, wages ana
hours. sanitation. and numerous
other things. II would appear
that one man could cover many
81 these items. thus save the
none, and the time Of business
men a well a. a great deal OF
taxpayers money.
savings Codld he made along
many lines II the people would
demand II and their spokesman
I'm Congress realized the serious
ness nj the financial situation.
There are too many payroll
ers In Washington making pro-
Uganda booklets and news pub
hCatinns. Some of these fellows
ought ia be out marching with
a Gun"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
BUSINESS
DETR0i7syzshsss,5 ss'TIMES
Lewis Hsney
Lewis HaneY
4. =. Steel Report
Shows Profit Trend

The annual report Of tho United States Steel Corporation is
output activity. down and stocks are low
Most people that total profits have risen and conclude that
all well They fact that IN l9il United States
steel showed of S03 share OF common stock
and that 1910 the only SSS4 share.
But consider the They must note
the first Of change They nazc the conditions which
affecting and what these indicate 10 the
future What do they find? They find that the fourth quarter
of {sil the steel onc-outh OF SlO43
(which would $500 only little than oncScventh
S6 They share the last quarter of
1911 actually much the quarter OF 1910
when the figure S30
This total earnings declined from
3i3 million dollars of 1910 only 203 million
dollars the last quarter l9a drop of 40
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Aeronduti(dI Prod.
PAYS 15( Dividend

Aeronautical Products Company
has declared q dividend of Is cents
a share, payable February y to
stock Of record February - Last
previous payment was - cents
last November %
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
buy a Bomber
Detroit Poultry

Narket s'eady. Hens s lbs and NJ 2fc
leghorn hens 2 ms and up. lsc rock
hroilers from 2 20 ms zoe coarse and
Stacy sprirgers lSc leghorr stays ito.
rock springers smooth legs, I 10 81 lbs
23c. cocks i2uitc. SouuE hon TURKEYS ~
his and up. 2tc. Young tom turkeys IS
lhs and under 25c: over Is ms 2Oc
ducks white isc. geese isc
EGGS Market steady current receipts
33tc undergrades 81 su3If.c
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Federal Taxes Took IT Per Cent OF Gross


Second. the high level Of These made
all-tme company The pay roll for the year
S64 9333 That is 37S per of gross eanings-a
very high for such industry.
Not only that but the of labor actually increased
than the quantity Of product turned out.
The weekly of all the employees Of the steel
corporation S37SS The hourly earnings
nearly Sl00, the actual figure being 90
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Leaving Golf Courses

Luckily" he went on. I'VE
are finding lot of people who
haze retired hut who are flowing
hack from the golf courses 10 do
job. They've earned their
chance 10 rest. hut they are now
getting In la pitch with the rest
Of us.
~ four-oared crew can't heat
An eight-oared one. We need
more people pulling oars in our
shell 10 heat the regimented
crews Of Europe"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30

PERSONAL STUFF Walter
Fry NE seat cover manufacturer
felt personal loss IN the sinking
Of tho Canadian liner Lady HaW-
kinS because he and ms family
had taken 3i-day South Amer.
TRY CRUISE on Inc ship three years
ago And hv the way his Fry
Products. IND has a 500 600 war
order Under which it supplies all
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
PRODUCTION At 9s PER CENT

Current production. Grace
stated was at 9S per cent of ca
|pacity against fourth quarter
average Of 1913 per cent. For 1871
the average was l0l y per cent,
in 1910 1913 per cent. and in 1889
1850 per cent.
- Cash an hand on JHnudry TO-
tailed Sll7532 .Sl4 against $50 027,-
270 a year previous and SIS ,55i.-
$50 on January |, 1910, Estimated
cost of work authorized and in
progress was $4S, 100000 on De-
Cember 81.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30

Nsv YORK and vholesAis ronfsrr0us
metal quotations supplied ~ Federated
Metals Division Detroit: Spit % per cent
IN. nominal. New YORK - future Tin -
lake Era6e copper. delivered NGwssf. y
siscfroiyfie spot srersr ~ rss'nE eop-
~, u - ST ~ffisAirah a. e. 7-r-s
yfre SIS NsV York ar'imors lf rrEir
ALUMINIUM r.
Fxport o,ppet - - rssss IL pee
sfsriirg e1chsngt - ~ > 1tot,
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
buy a Bon,ber

Reading Company In loii had n net
income ~ "a $50 oot. after taxes and
-LharEsS--A f.sF--4tti-s- a-t'i~- - TIT
dividends on the first and second Pre-
TERED stocks the balance N IS SCI 80
was equai ~ 81 SO 2 share on ! 500 1s2
shares NJ common Nst income IN 1871
compares with 81 f27.217. or - 50 com
mon share In 1890 an increase 81 A.
p.F
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
See Slight Stiffeninq in Interest Rates

What the for a J. which
the of caprtHf survey opinion 100
bank disclosed
that the viii he able
short duration 2l2 basis Tho bankers predict
slight sthcnng OF ShorttCrm during tho first
this The slight
40 "a cd on \cV York call
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Buy n Bomber

Naihirson Akan Works for the year
ended Dec 81 lIll had -re-lncnnle
N - 745.G2s a'et r".e~ve ~ - y" 900
far federal income and excess pr his taxes
n'c The above nc' 10 equal after div.
derF requirements ON me pcr cent pre-
ferret go - pU share on So ~ shares
common. against net income ~ ~ So hl2
..t 81 - TomwDu share IN 1880
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Investors Think Changes Will Last

Now what the Of this change? Are they likely
be Tho stock market tells that investors think
viii last Let them for ourselves.
First noted that the account shows enormous
OF tho steel from 73 million dollars in the fourth
OF 1910 364 million dollars last increase Of
about 500 The paid 1910 262 mil
lion dollars. year, total 1857 million doaSD
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
On the Business Front

the cartridge bags for the famous
Oerhkon anti-alroraft guns
highway department IS
turning 70 plywood highway mark
crS i'm order 10 conserve steel,
Ar, dealer Clifford Hanna tells
mo that use of strategic metals
aluminium, bronze. etc. for pic
ure frames is being cut off March
e.. Fan ON brass eyclcts for all
types ol shoes viii save enough
metal for 100000 artillery shells
a year. Japanned II gotta find a
now word for that metal Will be
substituted for the brass.
WHEN 7 said that the reduced
interest rates that the ManuiaC-
turerS National Bank Of Detrop
gave 10 tho receiver Of tho First
Natlonal saved hundreds NJ thou
sands Of dollars ] undrrStatCd
Direct savings amount 10 more
than S6jOOOO hat IN forcing the
RIG tu reduce - rates to rccciy
cr> all over the country. the local
bank brought savings which rW
we'll into the millions for thoS,
who had money tied up IN CloSeC
banks.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
ORDERS TOP BILLION

Orders booked in 194l were
81 0Si coo 900. Eugene G.. Grace.
president. revealed against ST.
I5l9300Ooo IN 1910 and S53S. 36S,-
39S IN 1899.
Last years tax bill, he said
totaled Sl1OO02 200. compared
with S4l,345. 394 IN 1910 and S21.-
l9l .492 IN 1889.
Gross sales and earnings were
S96l 210.737 in 1871 against S602
202 61S in 1910 and S4l1,l4l 0S7
IN 1929.
Orders on hand December 81
were S1.327 500 600 against ST.
336, 500 900 on Septenlhei-3a-Sf7 -
204, 100000 A. the end of 1910 and
the high Of 1867 100000 on June
30 last year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
1O-Cent Payment
By Wdyne Screw Co.

WaNnc Screw Products Com.
pany has declared q dividend oi
10 cents. payable February rs tc
stockholders Of record February ,
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30

IN THE February issue Of Il
qure, the article Naval Hit and
Run Power" Is the saga Of the
mosquito torpedo boat and carries
a prediction Of us future place IN
naval Warfare Author -ClSdANaH-
dchurc able public relations man
for Packard Motor Car Company
and rs must reading for De-
irr,tlc,-r
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30
Eastern Banks Gould Have Led in Profits

However IT, like the Chicago Bank and National City Bank
so New York had included profits Of S6iO6b6 IN
undivided profits, instead transferring them II
would have topped tho Chicago institution.
incidentally the Guaranty Trust Company OF Now York which
TO stockholders
The rugged ndpduaiSm in annual patterns makes
bank difficult tho need developing
modernzcd, smpfed and patterns Of bank reports
the public.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-01-30

TIE MESSAGE brought by "
Harold NcPhlh0s Canadian rc-
clonal price administrator 20 the
controllers group Of tho Detroit
Merchants Association
could hard\ hc classified as ar
encouraging one.
lie told them that Canadian r'
tailcr> had been warned thai profit
margins would become ncfc4e
InCly slim and that they existed
primarily 10 serve The public. al
though tho government had no
desire 20 force any one out OF
business
The Deuoiters-and they in.
GUIDED men from almost oveN
large rc'ail department store
wore impressed They piled Me
Phillips with questions for moro
'nan an hour after he finished his
speech They learned that Can
ada price ceilings arc drastic. Nc'
effective and that although profit
8rr car and IN many cases vlpct
out rc'ai Volume 0, still rising
And when n was 5Il over. the
consensus among those present
was that tho Canadian system was
far better and more effective thar
tho proposed now American pLlcS
cCHingS when would cover only :
partial list of items and exempt.
farm prices and wages.
RECOGNIZING THE difference
in cash and credit prices. mo
Canadian -l--4r- -F,ret-tet----'+ta' --Ir
advertisement earning a single
price Hs assumed 20 he = cash prcc
And 4 The ad carries a credit