davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Detroit Produce

| APPLEs-washingto boxes winesaps
extra fancy e4s-ioos, 1928. few t3.3o
tion extra fancy and fancy grade winesaps
2-inch minimum. x1.75.
BEANs-Louisisna bu. hampers Bounti
fuls, best si.2sql;5o. mostly s1.25: Boun
Black Valentines. best s1.25al.50.
cABBACE-rennessee Los Angeles eratei
round type. S2.e5G2.75; Mississippi Lo
eonSc sGs9S heavy s; To .%s
81. IS.
CARRoTs-Los Angeles crates 9 dozsr
punches California, y3g 3.25, mostly $3.50
crates 8 dozen, s2.5oa2.e0; Texas y crates
By dozen, III bushei baskets topped
e.75, standard ass $3.50. pony 54s s.75.
CAULIFLOWER-Pony crates 12s and
larger, California, s2.iog2 .25.
med tops Golden Heart 3s-xs So best Sc
s. and los $4.25, fair es, S. and los. 50. rs
extras, fair 50: Pascal, too few sales &c
CUcUMBERs - South Carolina bushe
baskets ss.5og3.75. generally good $3.50
$50: Indiana dollhouse baskets, 2 dozer
extra fancy s1.s0. No. Is si.5oa1.e5;
LETTUcE-Los Angeles crates Iceberg.
California Salinas district. 5 dozen $3.50 b
e.25, 4 dozen s5.soGe. ordinary IS $3.50,
onions - Texas, 5o-ib. sacks. yellow
Bermudas. u. 9. Comm. s0-s5% u. q.
No. / and U. 3. No. i, siGi25, mostly
Si.1oQ1:15; Jumbo size, si@Lf6i Crystal
White Wax, u. 8. No. 1, very good quality.
sl.65; jumbo size, t1.e0; poorer, all kinds,
low AZ 50ci Babosa, u. g. No. 1, Gin. and
larger; S7s; U. s. Comm, si.2'; 2-s-in.
PoTAToEs-i0o-lb. sacks. Idaho Russet
Burbanks. u. Q. No. 1, washed, $500;
unwashed, g. 90 a 3.e5; Maine, lO0-lb. sacks
U. 9. No. 1, various varieties, s3.15d3.25;
15.lb. paper sacks, asa 4ec. New stock:
California, y. Q. No. /. washed, Long
Whites, 50-lb. sacks, si.55 q !. 60; fine quail
ity, t1.70d1.75; iO0-lb. sacks, $3.15G3.25;
showing wet spotted sacks. So; Alabama,
u. 9. No. ]. washed Triumphs, best, So. is
d3.25 showing decay, low as $50; Mis-
sissippi. U. 9. No. 1, unwsshed Triumphs,
sTTrRAwBERRrEs-Michisan. is-ot. er,,. /.
Premier: s2.5oG27o. few 50; csrryovers,
SWEET PorAroEs-Porto Ricsn Vans,
Louisiana, bu. crts., u. 8. No. 1, N.s5;
waved. si.75; Tennessee, generally good
quality. bu. hprs.. si.25; bu. hprs.. N.
ToMAToEs-io-Ib. etns., repsek,. me-
diums, t1.15q lao: 25-lb. Tugs, repacks
81. 5om77o; Texas, original Tugs. u. f. No
1. ripe and turning, wrapped, SKIS. s2.25;
over-rtpe, low az 81.
wATERMELoNs = Florida Cannonbafls,
26-lb. average, soc: 30-lb. average, 81.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Exhibit We'll Guarded

The Ford company has gone
to great expense and trouble to
get up a special exhibit for the
meeting. It will be q well
guarded exhibit because 1t will
show some parts and methods
which have proved important in
winning the war of production.
To allow as many as possible
to see this important exhibit, 1t
Is planned to keep 1t open until
IL p. m. Only those with
credentials will be admitted and
the credentials have been issued
carefully. The war department
has scrutinized closely the ap-
plications of those who sought
to enter the Rackham banquet
hall to view the aircraft and
engine parts and murals show
ing the production methods.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Argue Government Can Effect Economies

Likewise there should be independent appraisal whether
public projects have been built economically
frgaly the be than private construction However
Judging the relative chronological efficiency public private
accounts should be set up on uniform basis and
subsidies the form OF exemption public should
be disclosed Advocates of public that
effect economies through borrowing capital at lower In
teres rate than companies and through hiring executive
services lower scale salaries than private corporations
II be determined whether such economies
Offset by the dng Of initiative and enterprise replacing
private ownership and with direction by political
appontee 1t conceivable that owned corporations
could be managed by businessmen and echncans instead of
politicians but until there audit this will be partly in the
field of conjecture
Such chronological has been shown in the
strucon OF projects in part be
ascrbabe to borrowing ideas developed by individual initiative
in private companies.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Name Changed
By Tractor Firm

AT the annual meeting of tho
stockholders Of Ferguson-Shermar
Mappfaeturipg Corporation held al
the coripanys offices in Dearborn,
Mich. the name of the company
was changed to Harry Ferguson,
Inc, effective Immediately.
The following officers were re-
elected: Harry Ferguson. presi-
dent; Roger M. Kyes, executive
vice president and general man.
ager. and Horace D'Angelo, Secre-
tary and treasurer.
The company produces and mar
kets agricultural equipment which
utilities the Ferguson System of
linkage and hydraulic control. This
principle is used exclusively in the
Ford Tractor and Ferguson I'm
plements.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
New Type Of Economic Audit Proposed

In the type Of audit which propose would
desirable to make study not only of the total of
and distribution of public project but egrega-
ton OF the cost OF sercng domestic commercial and industrial
IT, charged by special pleaders for private
below cost order gain political favor then again the value
of the yardstick will be impaired.
such situation prevails then the public power project
must either make the deficit by overchargng other
industrial hide
through positive negative subsidies
Some objective students Of power including public officials
lean to the that the ideal system have public
projects with private projects that diversity
method viii tend to discipline both private and public
think there something that but the yardsick
of limited practical unless has independently been certified
being thoroughly dependable.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Stocks Uneven
In Light Deals;
Cotton Weak
Most Of Leaders
Show Fractional
Gains at the Star

NEW YORK. June 8 (UP).-
Stocks opened narrowly irregular
today with trading light. Bonds
were dull with prices mixed. Cot
ton futures declined S to 10 points.
A majority Of stocks were un-
changed to slightly higher. General
Motors. Pepsi Cola and Com
|mercial Investment Trust equaled
their highs for the year. u. S.
Rubber made a new high at 19%
up Y. international Telephone
and North American opened on
/ 900 share blocks at their previ-
Gus closing levels.
RAILS ARE WEAK
Losses Of u point were noted In
Pennsylvania Railroad. Anaconda,
c chesapeake and Ohio. Phelps
Dodge and Nickel Plate.
Southern Railway preferred
gained nearly point. Chrysler
was at 81 up II. Johns-Manville
and international Harvester each
gained ".
TELEPHONE HIGHER
2 American Telephone opened al
119h, up "; u. S. Steel ATM, ur
a; Bethlehem Steel 53k. un.
changed; Standard Oil IN. j.
N%. unchanged. and international
Nickel I'm. up u.
General Motors made a new
high in early trading after selling
at 80 up II at the outset. Home.
stake Mining and Union Carbide
were firm. Montgomery Ware
eased u to 29ss.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Paper Production
Continues Downturn

NEW YORK. June 8.-Paper
production in the week ended May
30 continued its downward trend,
which has prevailed for all of this
year. American Paper and Pulp
Association index of paper mill
activity dropped to 92.3 per cent
compared with 93.S per cent in
the preceding week and 96.8 per
cent in the corresponding week
last year. Paperboard production
in the week ended May 30 was
at II per cent of capacity com.
pared with 81 per cent in the pre-.
ceding week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Livestock Markets

PITTSBURGH, June (Ns).-Live
stock:
cATTLE-Reeeipts, as: market steady
steers: Choice, si3. 500 1850; medium 4
good. S12. sou 1928; common, 500 II 80
Heifers: Medium 20 good, Sf1 506 IL go
common, $50 10. Cows: Medium TO good
N.50ds.50. Gamers and cutters, So. SO n
$50. Bulls: Good to choice, S1i.50q II. so
common 20 medium. Ss.5OmfO.
$50. Bulls: Good. s1f.5o912.50: common
to medium, ss.50d1o
y. Ho,sGas1Receipt:. rs; market steady;
le0-ls0 lbs, s1420n 1440: 10000 lbs.
slt. toI II. so; 2oo-220 lbs. sI4.40ni4 SO;
22o-2o0 lbs, si425h1450; 25o-2e0 lbs.
N4m14.2o 2e0-350 lbs, s1375dfi; 100
$50 lbs. s12. so "A; roughs, sf2. so a ~. 50.
sHEEP-Receipts, none market steady.
Choice lambs. s12 .50G 1880: medium "a
good, sloGll; common lambs. 50. so q
$50; ewes. S5d $50; wethers. s6.50G7
CALVES-Receipts. so: market, steady.
Good 70 choice. s1350aI45o; medium,
sl2.o0U 1880; culls and common. S7ae.
CHICAGO
CHICAGO. June UNsD. --HOGs-Re-
ceipts, $500; market steady; hoidovers,
none; top. $3.50: bulk, sifaiias;
heavies, s14.10a14.25; mediums, $4,000
1880; lights. $3.50 1928; light lights,
Sl32on1t; packing sows, t13. so y -. 90 I;
pigs, S12.5O613 u.s.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
BUSINESS
Auto
Graphs
Cream Of Engineering
Brains Gathered Here
for Aircraft Meet

The cream of the engineering
brains Of the United States Is
In Detroit today. This may be
q broad statement, but consid-
ering the fact that among the
visitors will be the 81 members
Of the National Investors Coun-
Gil. the top men of the nation
who are giving their time and
energy to porting over sug-
gestions for winning the war
through new ideas, this is a safe
statement.
Scheduled innocently enough
as a sectional meeting, to be
held jointly with the Detroit
Engineering Society, 1t has
taken on nationa Importance
because the them is aircraft.
And aircraft is magic word
In these war days.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
A Beginning
Proposed School to Get
a Cornerstone, at Least
Times stan Correspondent

BATTLE CREEK, June g.
Whether the new S29o,o0o Lake
view High School is completed or
not, il at least will have a corner
stone, school officials said today
in announcing the ceremonies for
tomorrow morning.
The WPB recently ordered
school officials to submit new
proof that the building is needed
before it will grant priorities on
steel fixtures and wiring.
Army and civilian officials have
been invited TO attend the obServ-
ance. The 106 members Of the
high school graduating class will
attend in caps and gowns.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
sac Chief Present

One of the early arrivals at
the meeting was A. w. Herring
ton, president of the sac and a
prominent engineer from the
World War days. He is presi-
dent of the ACKNOWLEDGEMENTS
Company of indianapolis, which
produced military vehicles even
before the United States entered
the war.
Harrington just recently re-
turned from India where he
went as a member of the Louis
johnson commission. He has had
a chance to gather some val
liable information on the situa-
ton in the Far East.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
.DistiNeries Seen
Converted by Fall

NEW YORK, June S.-Distil-
leries will convert facilities en-.
tirely to production of industrial
alcohol for war purposes by early
autumn. Whisky drinkers, how
ever, will not have ito 90 on the
wagon About $4,000, 900 gallons
are being aged in warehouses.
Yearly consumption is estimated
at 120, 100000 gallons.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
SAGINAW Markets

SAGINAW, June CUP. --Today's pay
ins prices 70 growers for beans:
Pen beans, s4.o5; light red kidneys, 81
dark red kidneys. 81; yellow eyes. So; CRC
$40.
Wheat. sec "a si.oi; oats. 4ba4se;~ rye
5IW sec; corn, $50 soc: six-rowed barley,
M.e2n I.es ouckwheat, r.s71 100; soy
tPrices furnished by the Michigan Bean
Company
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Upward Trend
Now Apparent
lin Wall Street
Opinion Grows That w
Will End in z Years.
No Depression to Follow
BY LEWIS HANEY


Professor Of Economies, n. Y. Univsrsny
In general. I subscribe to the
idea that the stock market has
seen its low for the current
cycle, and that the underlying
trend has become an upward
one. Investment equities should
therefore be held for apprecia-
ton. 1t seems probable that
the market Is close to minor
reaction. however. and those
who want to buy stocks may as
well wait to see whether the
average can go through the
nearby upper resistance level.
This resistance level is SO for
the average of 100 stocks. It
Is 1857 for the Dow-Jones in
dustrials.
Clearly there has been a de-
cided change in public senti.
ment since / last examined
stock market prospects. There
is now a general confidence that
we will win the war In some
such time as two years. More
significant for the market, Is
the growing opinion that no
great depression need follow the
war. One of the chief argu-
ments of pessimists has been
that % great depression will
come when the war ends, and
that (2) people will demand
government social planning"
to deal with il. This notion Is
passing. As ! have long pointed
out. no recession following the
war is necessary, and in any
case the people will be so ~
up with "the government" tx
they will want no more Of X
than can be helped. The adop-
ton Of much the same point Of
view by a member of the New
Deal administration has re-
ceived wide publicity.
The bullish symptoms are:
The average has decisfvely pene-
trated the 103 resistance.
Market action suggests that de-
clines in earnings and dividends
had been over discounted, since
dividend cuts bring no sustained
declines.
A majority of stocks traded
In have risen steadily. The
number Of new high now ex-
ceeds the number of new lows
from day to day. And there has
been some increase in volume
on the rises.
Perhaps the most significant
symptom Is the better perform
ance of high grade stocks such
as American Can, Chrysler, Gen.
eral Motors, Montgomery Ward
and American Telephone. Weak
ness in such quality issues was
certainly a true sign Of the
markets underlying downward
tendency prior to April. Now
their strength should be equally
significant.
The seasonal factor is favor
able.
Reflection concerning the huge
volume OF government spending,
and the necessity of financing
large part through bank credit,
is leading more observers at last
to see that imitation is going to
become effective in stock prices.
The New Dealers are being
driven by war necessity TO
abandon WPA and restrict
wages and farm prices. This
in time, following the Britt IN.
experience. stocks will benz
Finally. evidence of congreA
sional independence. and mod
GRAFTON in the use of taxes, are
encouraging.
There has be IN a good sized
rally, and the markets tech
meal position has been weak
ened. An upper resistance level
is very near. The London
market is none too buoyant.
Some reaction in business is
occurring. and there is likely
to be considerable disturbance
attending the final stages of
& q n " ers on IN full xuar
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
DETR0i7ga INES
On the
Business
front
BY WARD SCHULTZ
Detroit Times Financial Editor

The Wall Street Journal offers
an intensely interesting prevue oi
America on Dec. z, 1942-after
one full year Of war.
You and I will be carrying Q
new multi-paged ration book and
when new items are to be con-
troled, officials will merely say:
Turn to page 81 Of your book.
Each coupon there will allow
you q pound of butter"
And by then, we will already be
using pages for coffee. certain
canned goods, gasoline and on the
East Coast fuel oil. There's a pos.
sibility that pages will also bt
assigned to shoes, wooden clothing
pork and dairy products.
There'll be no winter sports
trains or football trains, ant
luxury Pullmans will be a thing Of
the past. You'll need a priority tt
get a berth. There'n will be NJ
choice in trains because there'l be
no competing trains leaving the
same stations for the same desti.
nations. And big inter-city buse.
will be transferred to commutel
services.
You will be constantly re-
minded--and this Is already i'm
portant-to buy hometown beer,
canned goods, -four, etc. And to
purchase home region coal, lum-
Der, steel, etc. In short, forget
your favorite brand for the
duration and save on priceless
shipping facilities.
Purchase OF war bonds by
compulsion will probably 20
hand In hand with payment of
income tax from current income
on a month to month basis.
On the latter point, Washing
ton Is already toying with the
possibility of waving your in
come taxes on your 1912 in
come, which would be due In
March of 194S.
Instead, you would file n tax
return each month, starting I'm
January and pay a tax each
month.
In other words, on January
81 you'd file a return, deducting
500 In you were married and
$50 II you were single, paying on
the remainder at whatever rates
Congress puts through.
1t is also predicted that we viii
have two more years of war t.
digest after the the first ami.
versary on December z.
During the next six month.
Hitler will still carry the ball, ant
a lot depends on Russia and Chin;
whether we can take it away from
him in 1913.
If either one or both of these
fall, then Dec. z, 1912, will be q
gloomier day than Pearl Harbor
You can depend on it, too, that
Hitler will shoot the works within
the next six months.
Oh, yes, there's that minor
item Of civilian tires.
Six months from now propa-
ganda posters will beseech you
to sell your spares to the RFC
and gas rationing will probably
make you wish the government
would take them all.
But they don't have facilities
for storing them and the rubber
lasts longer and remains In bet
ter condition IL you drive the
car about SO miles a week.
So don't forget, It's not patri-
otto to put away the old buggy
entirely.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
WAAC Bars Family Womer

WASHINGTON, June 8 tINS).
The war department announced
today 1t will not consider as can
didates for the newly-formed
women's army auxiliary corps,
women whose dependents would
rely on the WAC pay for finan-
cial support.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08

City stores Company In the quarter ended
profit of S4o1, 022 after federal income
and excess profits taxes. equal 10 81 cents
share on 1.2ioso42 shares-psr s6-of
common, including shares required 70
prior capitalization. This compares with
1918, 800 or ~ cents Q share for quarter
ended April 30. 1871. Report states pro-
vision for federal normal Income and sur
tar taxes and excess profits taxes tenta-
lively has been made on present rates.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
MARKETS
M. S. Rukeyser
M. S. Rukeyser
Economic Survey
by Foundations Urged

Job in appraisal crying be done and
foundations Foundation the Alfred
Foundation for Research and the Rockefeller
Foundation could render patriotic service institute
ing and financing such a survey.
Vast federal have been launched In the last
years described yardstcks
judging the efficiency and policy of private electric utility
companies.
The great need independent audit of the authenticity
OF yardstick
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08

American Gas and Electric Company "a
the IL months ended April 30, 1912, repor
net income OF S13, 395, ATT after fedora
income and excess profits taxes, equal
after preferred dividend requirements, Il
81. 81 a share on the common. against x14,
$40, 4e2 or $2S7 a common share in tn
II months ended April 80. 1e41. Apr
net income was SS07. OIL against Se32, IS,
in April 1871
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Private Power Firms Raise Controversial Point

since Arthur E. Morgan. former chairman Of the
charged Judged there been
doubt to the dependabi of the published figures
What needs audited unbiased engineers and
whether ALLEGATION Of between flood
control resistance erosion has been effectively and
scienously Private have raised the
vsa point subsidy has been concealed In excessive
ALLEGATION Of total Of projects to such public and
flood control and prevention Of soil erosion
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
LEGAL ADVERTISEMENT

FEDERAL WORKS AGENCY, PUBl
BUILDINGS ADMINISTRATION, OFFICE
OF THE SUPERVISING ENGINEER,
WASHINGTON, ID. c., May 2s. 1872
at this office until I y. m, June 10. fs42,
and then publicly opened. for furnishing
the materials. and performing the work
for repairs 70 plaster and painting plaster
Griswoid streets. Detroit. Mich. IN strict
accordance with the specifications dated
SER, May ~. 1912, and drawings Of
conditions dated April 1, 1910, and adj.
dendum thereto, dated April 10, fpI2.
Specifications and other data may be had
At the Office Of the Custodian OF the Build
ing or Public Buildings Administration.
Federal Works Agency. Washington, u, al
Murray NJ. Davis, Acting Supervising In
gineer.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
New Furniture
Sales, Profits
Scared in 1941
Marked Up Prices
Accounted for Most
Of Dollar Volume Rise

CHICAGO, June s.-Householt
furniture manufacturers sales IL
1911 totaled S740, 100000 against
$40. 100000 in 1910 and the aver
age net profit on sales was SIS pei
cent against IS per cent. accord
ing TO the annual survey by Seid'
man g. Geidrnar,.
A substantial part OF the in
crease in dollar sales, however.
was due 10 the MAKEUP in prices,
which averaged nearly 20 per cent
on wood furniture. the survey
points out. Weekly earnings OF
furniture factory workers mean
while. advanced from an average
of S21.26 in 1910 10 S24.60 in l941,
il is stated.
SHORTAGES EXPECTED
Explaining that the furniture
industry has not yet been seri-
ously affected by material short
dSCss rain L. soCldlildAi Willis
that this soon man be changed.
with steel growing scarcer,
every day rs tanks, ships and
guns gobble IL at an ever faster
clip, many civilian industries
are turning TO wood" he said.
This back-to-the-woods move
ment has been under way for
some time and Is gaining mo-
mentum.
MORE FOR WAR
IF TO this Is added the tre-
mendously Increased use of wood
for direct war products, the re-
suit seems evident. Restrictions
and limitations on the use OF
hard woods are clearly indi-
Gated" he pointed out.
Besides the prospect of wood
shortages furniture makers also
are faced with the probability
OF shortage of man power
and transportation difficulties"
Seidman adds. "As q result, all
furniture manufacturers, who
can do 80. should promptly con-
vert their plants 20 war pro-
duction, he concluded.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08
Detroit Stocks

Dividends I'm the foregoing table are the
amounts declared or paid 80 far this year,
unless otherwise noted. calculating divi-
dend. bon denominations. ex-Ex-dividend.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-06-08

months endec April 30. Ie42, q net profit
of S156,4Ts AFTER preferred income taxes.
equal 20 ~ cents . common share against
tl35.e5s or ~ cents common share for
ak months ended April 90 1891.