davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-19
BY DOROTHY WILLIAMS

"Where am I going now"
she queried as she gazed over
her shoulder at daddy" and
"mommy."
Miss Oriel Endelman. society
social worker, takes the stand
today 10 give the case history OF
Carleen, who has been a society
ward since 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Bond Drive
N. Y. Securities Statesmen
TO Tap 700 Big Firms

NEW YORK, May 28.-Impetus
to the sale of two distinctive types
of United States Treasury war
savings bonds started in New York
yesterday when 80 leading securi-
ties statesmen start on their rounds
In Manhattan.
Headed by Gail Colliday and
Richie Kimball. Of the United
States Treasury war savings STAFF
under the direction of state ad-
Nevil Ford, a COM
mittee of investment bankers will
direct these statesmen in their ini-
tial effort toward 700 corporations
and several thousand weather.
officials and employees of those
companies.
They will tap a source of buy
ing as yet largely UNEMPLOYED In
the treasury's campaign. The sell
ing will be conferred on the series
F and G bonds, which can now be
bought In yearly amounts up to
$50, 900 and which will be boosted
to 100000 on July 1.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
On the Business Front

THURMAN ARNOLD, in charge
OF monopoly investigations for the
department Of Justice, believes
that the end Of the war will see
the greatest boom In history"
Rejecting the talk about the COM
ing collapse Of capitalism. he in
sists that private enterprise will
give more good things TO more
people than any other social sys-
TEN ever devised"
Such are the trust busters
views on the economic outlook as
summed up in an article by VIII
liam Bradford Huie In the June
issue OF The American Mercury.
made public today. under the title
Thurman Arnold, Prophet of
Prosperity"
The paradox of Doctor Arnold,
according TO the article, il that he
is a passionate champion Of free
competition despite a
in the other direction.
In his campaigns against rnonopo-
lies. including monopolistic prac-
tices by labor unions. Doctor
Arnold believes he Is helping 10
restore capitalism 10 Its natural
competitive health.
After this war. DR.. Arnold told
The American Mercury writer
well live In a new age--the plas-
tic and light metals age"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28

FOR ALL the Juror about con-
fiscation of private automobiles
the good old private jallopie as
3 means Of transportation ia win
ming new advocates every day in
Washington.
Both in the War Production
Board and in the Office Of De-
Tense Transportation. the feeling
is growing stronger that the pri-
Vate auto is the real backbone of
our transportation system.
Some consideration has been
given 10 plans 10 mobilize these
cars into an integrated transport
system and the car owner who
uses his car in a manner pre-
Scribed by the government may
not only get extra gas ration but
would have priority on recapped
tires
Admittedly these ideas are still
only In the formative stage and
have not reached the top officials
as yet. However. they have prog
ressed 10 a point where they will
IN the near future and some sort
OF favorable action can be ex-
rc~fod
Most favored plon is a sort Of
q feeder system whereby private
cars under the direction Of the
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Ford Go.
Surplus
Upin 1911

BOSTON. May 28.-The Ford
Motor Company has filed with the
Massachusetts commissioner OF
corporations and taxation us
balance sheet as Of Dec. 81. 1871
showing a profit and loss surplus
Of S612 ,531. as compared with
$607 ,62S. 3S9 at close of 1910, ar
increase of 5000, 142.
AT the close of 1910 surplus
showed an increase of Sc, 1856, 1888
over the preceding year.
There is no information avail
able concerning dividend pay
n1ents, the corporations stock be-
ing wholly owned by members Of
the Ford family.
Inventories amounted TO SAP
74s,017 compared with SOL. 469, 372
at the end of the preceding year,
and reserves totaled SIG, 1876, 800
against S17,S71.249.
Total assets. as Of Dec. 81. 1941,
were S71S.660, 357 against $7l3,-
1S9. SS4 on Dec. 81, 1910.
The annual certificate OF con-
dition Is the first indication OF the
conpaHy's financial operating re-
suits for the year, since Ford
Motor publishes no income ac-
count.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Treasury Gift
And Estate Tax
Rejected
WASHINGTON. May % (UP).

WASHINGTON. May % (UP)
The House ways and means
committee today had rejected
treasury proposals to increase the
rate on estate and gift taxes.
The present rates range from 3
per cent of taxable estate under
SIS, 900, to II per cent of taxable
estate over 0,OOO, 900. The treas
ury proposed that the rate be in
creased all along the line, starting
at 8 per cent and ranging upward
to so per cent.
The treasury proposal would
have increased the yield from this
source by 100000, 900.
The committee had voted Tues
day to revise the estate tax ex-
emption and reduce gift tax
exemptions.
The present estate exemption is
$4,000 in cash or property, real
or invested, and $4,000 in life
insurance. The new exemption
proposed by the treasury and APP
proved by the committee would be
$50 900 in any kind of assets.
The $4,000 gift tax exemption
was reduced to $4,000 and the
additional gift exemption of 81 900
yearly per person was cut to
s.. 900.
The committee voted to retain
the present law making gifts in
trust taxable without exemption.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Market Moves
IrreguIdrIy in
Slow Trading
Motor Shares Ease
Under Profit Taking;
v. S. Steel on Upside

NEW YORK, May IS GNSl-
The stock market opened irregu-
lar today after yesterdays ad-
vance. Trading was quiet.
Motor shares. yesterdays pace
makers. ran into profit taking
Chrysler started a lower AT 59a.
and General Motors was of a at
36h.
Bethlehem Steel lost Il point
10 5l%, and Westinghouse eased
also.
There were a number Of gains,
including Standard Oil OF New
Jersey, u. S. Steel. Atehison. u. S,
Rubber. United Aircraft and
Montgomery Ward.
CHIcAG o, May IS INS).-
Wheat opened &c 10 &c lower.
WHEAT-July. $120A 61.20T
September, S1.23&61.23is; De-
cember. $685. G126%.
.C0RN--.fttiY- ssh ii IS &c. Sep
TENDER. soas q 9Olac; September,
92s4c.
OATS-September, SIN 951Hc.
ass
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
With WARD SCHULTZ
Detroit TimAe Financial Editor

public utility heads would bring
workers into central Transports
ton points where they would be
moved 10 the plants by bus or
street car.
Graham Hutton. director of the
British Press Service office in
Chicago, and Stuart A. Rice, as
sistant director of the budget
bureau of the federal government,
are 10 be among the speakers on
the program OF the financial group
during the wartime emergency
conference Of the Special Libraries
Association, 10 be held here June
1920, IL is announced by Marion
l.. Wells, chairman of the financial
group.
The Special Libraries Associa-
tion is an international organiza-
ton consisting of over $500
Librarians and research workers
In specialized fields and the finan.
cial group is the section devoted
10 the interests of librarians in
banks, bankers associations, &C.
counting houses. brokerage house.
and schools of commerce and
france Of various universities.
Wo King conferences and bust,
ness sessions will occupy the thres
days Of the conference.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Steel Industry
Nedrs 100 Pei.

NEW YORK. May 2s.-The steel
industry IL continuing its efforts TO
get out tonnage az rapidly as pos
sible. This is indicated by the
fact that production for the week
ended May Is Ia placed at slightly
under 100 per cent In the compila-
ton by Dow. Jones g. Co., Inc.
The best record Is being made
in the Middle West. The Chicago
district showed an average OF
around 1o7 per cent, with the units
Of the Carnegie Illinois Steel
Corporation near 10S per cent and
scheduled at better than 10 per
cent for the current week.
The near 100 per cent rate for
last week for the industry com.
pares with 99Is per cent In the
two preceding weeks. u. s. Steel
is estimated at 1907 per cent
against 99ia per cent In the week
before and 1904 per cent TIVE
weeks ago
Leading independents are cred.
tied with SO per cent, compared
with 99la per cent in the previous
week and SO per cent two week,
ago.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Lewis Haney
RECOMMENDATION Cycle
Nearly Completed

The the administration being driven toward
fixing interesting and significant.
To be has proceeded slowly and OBVIOUSLY The first
symptom the loud whacng Of business and charges and
criticisms heaped business leaders apparently order
take the off Of the against labor
Then a "a profits proposed
The ground being prepared trial balloons
Then ranpred really employers blame the
high waeesthey insist putting wages and must be
rained Finally wagexng provision be added to the
fixing law but by the back door board is to be
advances The price of labor to be merely
Stabilized"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Baldwin Loco.
Orders Soaring

PHILADELPHIA. May 2s. -
Dollar value of orders taken in
April by Baldwin Locomotive
Works and its wholly owned SUBJ
salaries, excluding Midvale Com
pany, was s106,698, 933. Charles E.
Brinley. president. announced to-
day. This compared with SIS, $685.
1853 In March and 1858, 545 for
April, 1871.
The months bookings brought
the total for the four months Of
1912 to 1922 ,095 1853. as compared
with S30,506,SS0 for the same
period OF 1941.
Sales billed by Baldwin In April
aggregated S12,898.429, including
billings of cost under cost.plus-a-
fixed-fee contracts. as compared
with S11 ,468,9 07 in March and
Sc. 1877. 754 in April. 1871.
Sales billed for the four months
of 1912 were SAG. 120, 663. as COM
pared with S11,232,132 for the
same period of 1941.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Farmers Market

Asparagus - Fancy, tl.35ai.oo dor.
DEETs.No; !, s6asoc bu, 10000 dor
punches: No. q soc.
cHIVEs-No. !. 751s5c dozen.
medium. Ssa4So
OBSERVATION-DISCLOSURES. 4, s2a7a5 bu.
LEEKs-No. !. 7ec gsi dozen punches.
lob. basket; Romano, No. 1. siaia5.
MUSTARD-Ho. !, t0d soc blu.
oNIoNs--Greep, No. 4. 6o97oc dozen
PARsLEY-No. 1. Soc dozen punches
PLANTS-Pansies, s1d1.50 I5-box fat
Saliva, S.25 fiat: Geraniums, S303.2o Ia
pot fat: miscellaneous flowers, 81 nat:
miscellaneous vegetables. 75c9s1 nat;
PoTxToEs~No. 1. sI.4oe1.so su.; No.
a. ysossegg{flv,,v. ~. ,..vv 49,.
"a a. 7ee ID: isghorns. Il case: broilers.
heavy, 29h zoe ID. F; leghorns. 1902
.Rk DisHEs-Fancy, 81 doz. punches
No I. 75a7se; No. 2, soc; long white.
RHUsxRB-zon35 dozen punches.
combine. 1, 40n soc bu.
sPINAcH-No. I, 500 soc bu.
TURNfPf-No. 1, 500 coo bu.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Gives Pay Boosts in Bonds Instead Of Cash

Fourthy federal agency spite innationary
has advocated giving under certain conditions
instead II bonds would be
nnatonay than cash payments yet should not be overlooked
capitaizng of ongem debt operating
expenditures Of government is itself nfatonay procedure
Filthy nationwide business and manufacturing associations
sought popularity urging stiff corporation
without undertaking make clearcut analysis for popular
profit
made Of solidarity
enemy desirable record
reservations involved Otherwise precedents will be estab
shed which be harmful under postvictory
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Whisky DistiIIers
Joining War Effort

WASHINGTON. May IS tUP).
approximately 90 per cent OF
the nations whisky distilling tn
dustry is expected 10 be converted
10 industrial alcohol production
for war uses by the end OF this
gear. the War Production Board
said today.
The conversion, however. will
have no appreciable effect now on
consumption Of drinking liquor a
WPB spokesman said Presont
supplies are sufficient for several
years-at least four, IL has been
entimated.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Stehfest New Head
Of Controllers Group

Russell w. Stehfest Of j. l.
Hudson Company has been elected
president Of the controllers GROUP
of the Retail Merchants Associa'
tion, A. w. Wray, retiring presi.
dent. announced. Other officers
for the ensuing II months are S.
c. Pretty. vice president, and c. J.
Gladfelter. secretary-treasurer Di-
rectors include Mr.. Wray of Him
elhoch, G. J. Buell. of Fyfe, Fred
E. Logan of Kroger. and James
Chamberlain of Crowley.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Detroit Produce

ArPLEs-Michigan. bu. crates, Us No.
.. an:in min; Delicious. Nsrth.rn Spy.
: :ss s:.' 81 rs: g. % ss.sy s s1.s
cartons lis..isss Ssisas.o.
y sS ss%psr :, sl. !,
Was beans s7.soH2.7s mos,iy 81 50: South
50 sod,so. sountifuls s2ioe27s. wax
cxssAor-n,....'pp,, 10. Ans crate.
Hampers round type. 81 3s6i.N.
cARHoTs-Los Angeles cr.,ss . doI.n
81. 50 q 3 80. small % medium - asa ; 20;
Texas, D.; ts,soo3.so' Blu. baskets topped.
OBSERVATION-DISCLOSURES pony crates
$50. WHITE s DOZEN s2ss
CEr.ERY-rlorids. 16-in crates trimrsd
rev g.. - and 10, 81, ordinary. e fs!r
1919. extra fancy fair 70 food - % 70:
California. cub crates Pascal, 81. rs
cUcynbEhe-Fiorids. ru. es.k. wassd
siicsrs s7a775: Aiabans. bus BASKETS
fancy wAssd 50 rs. fair 30 Generosity good
NOT wsxed S2.7s. ordinary "a rx.. eu
ss" :.,.s .s,yd .s.a rs s,.s, 'cs a'e
LErTUcE-Los Angeles crates. Iceberg
type, California sslinss . dorsr stssg
As mostly Af0n46. dorm stzou
eona,,,or "a; HOLSTER sections I" Sass,
;. LEAF LEAF s,ErTUcr-ohiO, Dollhouse, 1o.'s.
, oNiossI,o;,O o .ss'.. Ts"s y yi,
81 25TI.lo. mostly IS; Jumbo size fi.35
n $50; Crystal White WAY, u s Comm
: :He y s & ss l. tisos NJ y .ns o. 8 T.
Comm, lin. and larger. r.7sd7: 2 TO j.
IN po ia is9 SACKS. Idaho. Rus.
Ttio; io-is. sacks. isc: Maine, q. q. No.
!. various varieties, loo-lb. sacks. " 1en
.: so-ib. ssek:: si:ts. few $50. is.ls.
iooois. SACKS. na,asssj so,iS ssets.
si.soai.ss: hns quality. $40; fair con-
ditson. o. so; A,sbsms Y: .; No I.
washed, Triumphs. $40 325 louisiana.
u Observation-Disclosures s9:e S%IA s.at C. Sf,..
Aronas. -. 7snA2,. mostly ni Kentucky.
1.,qt, crts Blah.r,?rs.; ta;7smA7st u ..
10 !. ,,a sae as s sc l. .t AsS::
condition ss.7sfa7s; Aiehissn. ls-qt.
erts.. Pr.misrs and Blstenorss.j 81 1sd3. Z
mostly %; indiana. 7I-et erts.. rrennisrs,
SWEET POTATOES - Loui,i.n.. Porto
6i.ss. best mostly 81 so5is as: Tennessee.
generally foot ournty. bu nprs Porto
Ri.sr y.r,. 81 asa 40
,o;,h cartons. r.pseks.
s. 90: ho,soust, SIN. bt,. on,S. me.
diuns stsont.es; small a,e. 81 .soSsi IS;
original mfs. ". 3 No J. green. rfp< ana
turniar wrapped, Florids axe and larger,
50; SKIS, s7.7s: Texas, SKIS, $2.5od275, ,
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Reading Coal
Plan Approved

PHILADELPHIA, May %. -
United States District Judge Will
liam H. kirkpatrick OVERRIDE OBJ
jections of SEC and the New York
refunding bondholders' committee
and approved the three-committee
plan for reorganization OF Phila-
delphia and Reading Coal and Iron
Company as fair. equitable and
feasible" within the requirements
Of the Chandler Bankruptcy Act. !
The plan now goes to the secu.
rity holders for a vote on its &C.
ceptance or rejection by them. II
the required percentages Of assents
are obtained, Judge Kirkpatrick
will later enter a final decree"
confirming it and ordering it car
ried into execution.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Started With 'Pump-Primine Scheme

departed widely from system.
We began the "pump-priming' scheme Of making full
employment" and creating purchasing power
This made to managed currency
standard Deficit financing and the
money policy" along
get prices up the 1925 level and
economics of scarcity adopted.
As initiation grew, "pecemea' price fixing began.
so-caed general maximum price regulation
effect but although ostenatiouy focused cost of
living" it left out farm prices and wages.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Reverse Policies After tho Emergency

hearty business collaboration in the
effort should pledge demobize
after the asce the emergency apparatus for regmentns
backing initiative During total the
restrictions necessary desirable after the emergency
it will be desirable to these policies
Recently the spirit of retreat has been manifest In hve
cifc
First the union OF arplane manufacturer has
announced that will dissolve the face OF CRITICISM rather than
dunty meeting fundamental
Secondly chief a corporation sensitive TO the
against high salaries has taken voluntary Of Is
Thirdly, the head of shipbudns has accepted
mandate collect dues from employees, though he
thinks that entails unsound principle.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28

In addition to graciousy giving In business should afrna
lively make fellow citizens the social usefulness Of
the enterprise in and In The most effective
propaganda for rehabtatng the popular prestige OF industry
of schedule the mechanical tools
for victory this industry will thus identify itself with the
desires American BY succeeding
program industry will become good symbol in
public land for criticism Likewise the psyche
logical setting will thus be prepared for bazonng forth E col
lateral peacetme thrift and industry linked with
science invention are responsible for sociological
by material webeng of 350000O0 American
families
Instead permitting business baers set the and to
with ball industry should take the initiative ahma
lively interpreting the public aspects OF the private enterprise
system.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Highest Auto Quota
Given 10 MICHIGAN

Michigan will have the highest
quota of new passenger car sales
for the coming month under the
rationing order issued by the Of
fee of Price Administration today.
Although the total order for
the country remained the same.
10000. Michigan's quota increased
10 zoos because Of rapidly in
creasing defense work, the OPA
announced.
Pennsylvania, the heart OF the
coal and steel industry, was listed
in second place on the order with
3.71s autos available for June pur-
chase.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Finds Employers Bidding Up Wages

Finally, administration fighting to hold prices of
feed down and to sell its SURPRISES of farm products more
employers bidding
be emphasized being
threaten strike for higher
wages.
At time Withholding lowered income
federal and other schemes TO sphon off,
developed.
Meanwhile ratonng consumption spreading
Thus the RECOMMENDATION nearly complete. One
thing has led to labor"
its prce fixed
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
M. S. Rukeyser
M. S. Rukeyser
Economic Retreats
Not Enough i'm War

Prime Minister people after
felicity
would be through retreats matter how masteru
The warning meaning concerned with
serving and restoring the American enterprise system after the
against the has been successfully prosecuted
Recognizing the Importance Of national unity and solidarity
in leaders
mood In the interest of avertng do
pickering warfare management making
important concessions.
The motive behind such attitude has been patriotic and
commendabe But the people to have full appreciation
the enterprise system such economic retreats not enough
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Ask Bids on DSR Notes

The city of Detroit today issued
a call for bids for the sale on June
g of S1,000,000 of Detroit Street
Railway equipment trust certifi-
Gates to be issued In connection
with the financing Of 300 motor
coaches. Bidders are asked to
specify rates Of interest and pro.
posals will be accepted on the
basis of the lowest interest rate.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Boost in Commission
Rates on Curb 0. K. d

NEW YORK, May 2s.--Mem-
bers OF the New York Curb Ex-
change have approved an increase
In commission effective May n,
which was submitted to them for
their consideration by the board
of governors on May s. ID,
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Votes Stock Dividend

Michigan Die Casting Company
has declared a dividend of so per
cent In shares of common stock
of 81 par value. payable-sfter June
30 to holders Of record June 30.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
How One Control Leads TO Another

But doubtless the develops the regulation
will increase The whole thing good illustration of how
economic life control leads another till the whole
becomes managed by social planners.
Economic democracy the greatest possible freedom OF
individual choice initiative This the price system
market competition with individual enterpers seeking profits
buying labor what worth and selling goods for what
consumers will pay. Such possible only when the
maintained objective standard This
ab individual saving and investment 1t is the only basis for
credit.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28

SAGINAW, May az CUP) .--Today's pay
ing prices 10 growers for beans:
Pea beans. No5; light red kidneys, 81:
dark rsd kidneys. So: yellow eyes. So:
ere hfht ersnberries, 81; ere dark cram
berries. $3.50
wheat, ti.o2 a %; oats, 47d4sc; rye.
s21 sac; sx-rowed barley, 81 so n !. IS;
buckwheat. 81 .Gd 100; corn, 7sd soc; soy
beans t1bs6ls
Prices furnished by Michigan Bean Com
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
BIoomingda|e Retires
1872 Pfd. Shares

NEW YORK, May 2s.-Bloom-
ingdale Bros stockholders have
approved the retirement OF 1,S72
shares of 5 per cent preferred,
which had been purchased during
the previous year. This reduces to
81 ,694 shares the amount OF pre-
ferred now authorized and issued.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
CHICAGO

CHICAGO May ~ (fNs).-BUTTER-
Receipts, 70, 7o2 tubs; market nc up 70 i.e
::s Ser: s:ss's Ct! :s, !, .sss::
Eoos-Reesip,s. % 4is cases; market
:s,,s s :. sUrr. res. f'e sls: s
cHEEsE-Twins. 7iit a71se; daisies,
prints and ionehorrs, 72h n27He.
LIVE PoULTRY--frreruisr. Turkeys
isa2ie; hens, 1870; lesnorn hens. - 2
7ens' ROSTERS. isoitsi tueks, i7oise'
geese. "a ixe.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
Detroit Poultry

Market steady. Hens. average run. 77e;
leghorn hsnt. lbs and up. zoe cocks
Il q i4e; rock springers over 4 lbs. 3oe
rock broiiers al 90 4 lbs use: ksnorn
brothers, Ia lbs up. 22e old tom turkeys,
ise
Eoos-Msrs. unsettled current receipts
zoe; undergrades, z1i4 d2s.e
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
GOOdNeWS
From War
Factories
ny International News Service


MORE WAR GOODS-Charles
z. Wilson, president of General
Electric, says that concern is well
on the way" to producing one bill.
lion dollars worth of war equip
ment this year.
MORE PRODUCTION-William
p. Witherow, president of the Ma
tional Association of Manufacture
ers. says the nation is now pro-
ducing at a rate seven and a half
times greater than normal.
MORE SHIPS-The securities
and exchange commission reports
that combined sales of five Ameri-
can shipbuilding companies alone
rose from $57 100000 in 1889 to
$s1, 900 900 in 1910.
MORE sYNTHETICS - Col.
George s. Brady, chief of the ma
terials statistics division. office Of
imports, says new synthetics are
offsetting at least partially" loss
OF tin, silk and various oils used
In the war effort and formerly
obtained from the Far East.
MORE CRUDE OIL - Daily
crude oil production in the United
States increased 124,270 barrels
TO 3.620.325 barrels for the week
ending Nav %.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-05-28
20-Cent Dividend
By Hoover Ball

Hoover Ball and Bearing Com.
pany has declared a dividend OF
20 cents, payable July to holders
OF record June 20. The firm paid
so cents on April 1.