davidaulloa/AmericanStories huggingface dataset:
Detroit evening times., 1942-05-18
Industrial
Outlook
Brighter
ny International New. serie.

MORE PLANES-The gigantic
Willow Run bomber plant, which
il has been reported, will produce
as many heavy bombers as the
Axis Powers combined, is now in
production.
MORE BONDS - The United
Mine Workers of America has
purchased Sl,000,0o0 of United
States war bonds.
MORE SHIPS-The navy's new
est cruiser. the Mobile. was
launched at Newport News, Va,
while a new destroyer. the Strong,
is scheduled 10 slide down the
ways at Bath, Me, Sunda,.
MORE STEEL-The Continent
tai Mining Company has acquired
a Bayonne, n. j.. factory 10 pro-
duce chrome steel from chronic
residues formerly regarded as
waste.
Detroit evening times., 1942-05-18
On the Business Front

SUB-ARCTIC TEMP P f r A
TURES, which grounded the
hitherto irresistible sky hordes
of Hitler's armies in Russia. have
made the American airplane indus
try low-temperature conscious, ac-
cording to T. n. Floyd, altitude
engineer and designer of the Doug
las cold-room laboratories.
More than 30 manufacturers OF
airplane parts and accessories
are duplicating these Laboratories
where. even before the luftwaffe's
sad experience in Russia. Douglas
engineers had discovered and
largely overcome the effects OF
sub-zero cold on hydraulic lines
rubber connections and functional
parts requiring fabrication.
without detracting from the
magnificent stand and courage
Of the Russian army" Floyd
saws, sit il the considered opin-
ion of many experts that IL
Hitler had only done little
peaceful experimentation on
stratosphere flying, he might
never have suffered such re-
verses.
"He would have discovered
that cold could immobilize war
birds built Of metal as readily
as IL does armies of men, and he
would have set his engineers To
doing something about II, just
as Douglas did.
There IL every reason to be-
lieve that Hitler hoped to utilize
the winter months of ground
inactivity in bombarding and
strafing the Russians into COM
plete ruin and decentralization.
But to his bitter surprise, he
learned that the high precision
quality Of his planes doomed
them.
"The effectiveness Of air
planes, at least as they existed
last winter. decreased In direct
proportion 10 the amount of
modern equipment on them. In
Detroit evening times., 1942-05-18
Detroit Produce

apples Michissn bu crates L >. No.
T. a. lncn minimum DshcIons Northern
dition 81 2su2 - Washington boxes
Ntntssps extra fancy zoos, 81 IS 80
.iI3s,12SS x275. 1855 i5os. Sass fancy
ass i3S 81 s0n2 s.; Delicious extra fancy
ls0s " rs hu baskets combination extra
fancy and fancy grade Winssaps. 81 as
BEANS Louisiana buL hampers Black
valentines, 81 IS. few small sales higher
Bounufuls, 81 2512 50; wax beans. t3,
generally Eood. 81 IS Florida bu. ham
pers Plentifuis. fair 10 generally good.
cABBA Mlsss.ippi-I.o Angelo,
-eFstes round type " 24ON AIS. mostly
81 50G2 s3. hall crates, $50. 5o-lb sacks
round type, ~ 80, Georgia a blu. hampers
round type S2n2lO
CARROTS - Louisiana crates. s-dozen
punches California. S3.65m-3 SIS. Arizona.
s. 50H37 Is; Texas Los Angeles crates ~.
CAULfFLowER- California pony crates,
CELFRY8Fq Florida ls-lnch crates trimmed
tops Golden Heart 3s-ios, $40 %, fair
crates trimmed tops IS, 81. s, s21225'
CORN Texas sacks yellow. dozen.
81 500 ? rs, Florida sacks Yellow, dozen
ordinary TO fair 81. i.e0n2
CuCUMBERS-Fl Fldtida bu. baskets, IN
cIuding waxed stock fancy" 81 s5fi 3
choice" fair. S225n2 ? so. ordinary. 81. rs
U2 large size slicers, generally good
IETTiicF-Los Angeles crates. iceberg.
good, Sta4.5O. mostly t4H423' talr
4 doz generally good. N14.35 fap. 81. .T3
q dor. 81 25G3 80. Firebaugh Section. f'
and 81 esnsr1ly Eood; d,io SO 5S,nou.. ,o.,e
'ooNioNs1solb. sacks, Texas yellow
BsrmudAs, u s.. comms. so-s3es u 3.
nr.+I r-- rro.t,vEsi ,e- crystal White wss
III. =. comms 81 s0g i.50 few u. 81 No.
ii. $50: Jumbo size sYfllows. 81 e0m ]. rs,
few $40. Crystal Wsfrv Wax Jumbo size
"! Round Whites mediums S1,oog l.Is
81 s5H2: few higher, meS-um size. 81, 40 "a
so; fair condition. Si.25' 1s" minimum
P0T AToEs -IOo.io. sacks. Idaho Russo,
Burbanks. u. 8 No. !, washed. Nni. 10
Maine a.. No l Various Varieties, 100
IN. sacks, s270a1s5; 5O-lb. paper sacks
si13Oa IS. iS-io. paper sacks. Al u 42c,
q. g Comm. Russst Rurals, y2.25n 2. 30
e. 8 Comm. Chippewas. 81 .25a2. 40; New
stock. California, 50-lb. sacks. Y. s. No
~.S.a .s Lons so wn1';; e. 81 Foy,s. TsE 80 100
So $50 so so-lb. sacks U. $. No.
washed Tnumphs, 50; Texas, 50-lo sacks
saG2.io: Alabama u. 8. No 1 washed
No / washed Triumphs. 50. so: few higher
SPINACH Missouri bu baskets, Savoy
soc ~ 81
STRAWBERRIES - Lopsisns 2i-pt
crates. nothing offered; Kentucky 2i-at
crates. BlakemoFes. u. s. No. 1, S5d d32S
fair condition, S2.75: ordinary, s2d2. so
Arkansas. 2f-qt. crates. Blaksmores, gen
orally good. 50 756 2. 90: few. 81: ordinary
S2m22 25: poor. low a. $50.
SWEET Porto Ricsn Vans
-Louisians bu. crates, ". g. No. 1. 81 81
u I 50. waxed Si70u1.T5
TOMATOES-10-ih. cartons, repacks
medium. SI35GI so: hothouse s-lb. has
kets. Ohio medium, $3.50; small. $50
Detroit evening times., 1942-05-18
M. S. Rukeyser
VI. >. NUkeYSeT
Praises Auto Buying
For Future Delivery

Managing directors the
have blacked out their normal operations
ton should serious suggestion
advanced by DR. Rolf Nugent chief Of the automobile raong
branch of the Office of Price Administration.
Doctor Nugent proposed plan for retaining the
loyalty OF civilians
have little TO sell them immediate spot delivery
the official proposed companies engage
major merchandising and advertising campaign sell
non-pvleged civilians for delivery after the is
This scheme would the normal
cedre OF getting the product and later of
income II would enable welpaid others
delivery Of when the national permits
The advance buyer according Doctor Nugn would have
first priority peacetime production for which is assumed
there will be large penup demand
Detroit evening times., 1942-05-18
Move Would Maintain Automotive Sales Stats

Doctor Nugent points that such n arrangement will
provide opportunity keep automotve sales sta finance
organizations and advertising agencies less in
tact This would be desirable only TO provide employment
for the directly indirectly affected but would also
live nucleus organization for rapid reconverson after
the of automobile plants making armament to their
normal peacetime functions
Such plan would companies salvage Of their
rich intangible the form OF going value
loyalty and preference
AS concerned il would enable them at
least claim automobile of the effort
and higher weekly wartime Without systematic savings
their flush
pay in
Detroit evening times., 1942-05-18
Paper Output
Drops Further

NEW YORK. May IS. = Paper
production in the United States
continued TO decline in the week
ended May 9. falling to 97.8 per
cent of capacity from 99.2 per cent
in the preceding week and COM
pairing with 99.1 per cent in the
week ended May 10. 194l. In the
week ended May 2. output fell
below that of the corresponding
week of the preceding year for
The first time in IS months, and
the latest week continued the
trend Paperboard production also
declined. the rate of operations
dropping TO sc per cent of capac-
lty from 80 per cent in the pre-
Ceding week.
Detroit evening times., 1942-05-18
Suggests Funds Be Placed in U S. War Bonds

order tie this plan with the important obec-
tive of financing the automobile companies could undertake
to earmarked funds could
agree promptly bonds notes OF the United
States government.
nducern the forrhandcd buyer who buys in
would be entitled discount The manufacturer
himself against the possibility OF in1aonary
of production which subject to conec
general deliver at the
stated discount II
dangerous manufacturer stick his neck out
when he unaware OF wage tax
Of the OF model he VIII
be making the postwar period
Detroit evening times., 1942-05-18
Earnings

Allegheny Corporation for the quarter
ended March 81 reports a net income u
S2s2.471 including S3l,4si profit on pur
chase OF company's bonds. and after In
terest. amortization. federal income taxes
etc. For March quarter of i941 net in
come was $500. e07. excluding $50. i7s proht
on purchase of the company's bonds.
Biekfords, Inc, for the year ended Dec.
81, 1s4i. reports a net profit of s457. .470
after federal income and excess profts
taxes. etc. equal after dividend require
ments on the so stock to s1.22 a share
on 2el ,s24 shares of common stock. This
compares with S55s.27s or $1.56 a common
share in 1910.
Mcintyre PorcupiBe Mines Limited for the
year ended March 81, 1912. report a net
profit of So 1872. los equal TO 40 a share
against s3.s1e,0 ,032 or Si.7s share In pre-
ceding year.
Pacific Coast Company and It's subsid-
iaries report for quarter ended March 81.
1912, a net profit OF ss5,775 after depreci-
alton. depletion, interest minority interest,
federal income and excess. profits taxes In
cludng provision of $4,000 for additional
taxes and contingencies and other charges.
The above net is equal after dividend re-
uuirements on SIS non-cumulative FIRST pre-
ferred and 81 non-cumulative second pre-
ferred stocks 10 3s cents a share on 10. 900
shares Of the common stock This com
pares with the net profit for quarter ended
March 81. 1871. of Sl7s sss including profit
OF Sl26, 92e from sale Of property equal to
81. common share
Detroit evening times., 1942-05-18

temperatures OF minus so de-
grees Fahrenheit and under, the
German planes simply would not
function. On the other hand,
ironically, certain of the older
types of Russian planes were
able to take the air. Which IL
the explanation of the sudden
ascendancy of the Russian air
fleet over the German, and the
destruction, reported in Russian
communiques, Of numerous Ger
man planes on the ground" he
concludes.
EX-DETROITER WILLIAM VI
BALDERSTON. vice president OF
Philco Corporation, has just been
Detroit evening times., 1942-05-18
Mills Confused
On Precedence
In Steel Orders
Reveal Top Ratings
Overloaded; Problem
Placed Before WPB

CLEVELAND. May 1S.-With A
preponderance of orders on steel
mill books rated al ALA or Alb
and nothing being accepted below
Ali, congestion is extreme and
producers are much confused as 10
precedence Of shipments. In nu-
merous cases almost complete rell-
ance is being placed on directives.
which are necessary in many cases
to free tonnage for immediate pro-
duction, says Steel.
The situation is that so much
steel is needed for war purposes,
all of which are of greatest i'm.
portance, that the top rating has
become overloaded and further ac-
ton is needed TO determine the
most important. Steelmakers are
not in a position to perform this
function and the question increas-
ingly is being put up to the War
Production Board for solution.
Detroit evening times., 1942-05-18

appointed a director of the com
pany
For many agsSmanager of The
car manufacturers division, h,
was largely responsible for tn,
development of Philco's importan
auto radio business.
In the decade from 1880 to 1910
more than 100000 Philco Cal
radios were sold direct to CA
manufacturers and il was Balder
ston's educational work which bull
the groundwork.
FACES ARE changing rapidly
around GriswoId street.
The latest to leave the broker
age business Is Ralph ROtsted.
member Of the Detroit Stock
Exchange. who takes a govern
ment post and will be assigned
To the Federal Building here.
He'll retain his membership at
least for a while.
Sunday Editor Charles Wag-
oner stopped by to tell me that
Everett Swanson OF American
Industries is now down I'm WASH
ington. presumably In khaki.
THE MERICAN BEET
SUGAR ASSOCIATION believe.
in making hay while the SUI
shines.
With all bars down on the pro
duction of beets. the industry i!
now a favored child and the asso
cations conducting a whirlwinC
campaign TO educate the public or
the desirability of having a bee
sugar industry.
Every release-and there are
lots of them-emphasizes one fact
1t is the pectin in jellies thai
make them jell and the sugar ha.
nothing 10 do with il.
During the first World War
many housewives blamed bee
sugar for their jelly failures. but
every responsible authority. in.
cluding the government, says there
is absolutely no difference between
beet and cane sugar.
Detroit evening times., 1942-05-18
Nueents Suggestion Parallels Rukeyser Idea

Nugents suggestion parallels proposal first made
column July % lSil, when ne SAID:
against which priority orders have
dealers ought to give thought to
plan Instead they might
deferred purchase plan whereby workers ana one
in orders automobes
Of might appeal to those with
afraid
period without savings or other assets
who willing to pay In ad
good backlog for the after
the "a ar Rod when armament on
Detroit evening times., 1942-05-18
Canadian loadings
Rise 10 $3.50 Cars

OTTAWA, May 1S.-Loadings
on Canadian railroads during the
week ended May 9 totaled $3.50
cars, against 66.l26 in the previ-
Gus week and 81 500 in the like
period last year. according 10 the
Dominion Bureau OF Statistics.
LoadingS for the year TO May 9
amounted 10 ll7S.ll3. against
! 053 $50 IN M, like period OF last
wear.
Detroit evening times., 1942-05-18

American Beverage Corporation reports
for the fiscal year ended Nov. 30. is4l a
net profit Of S27 eS4 after taxes. deprecia-
ton, interest and other charges, equal 10
- cents share on 50 .O32 shares OF
per cent preferred stock on which dividend
afFsarages amounted 20 s7iz cents AZ the
close of the year This compares with net
loss Of S27s 37q in the preceding year.
Detroit evening times., 1942-05-18
N, Y. Bank CIearinqs
Drop 318 Millions

NEW YORK. May 1S.-New
York Clearing House Association
reports clearings for the week
ended May Is totaled S3.346. .541.-
282, as compared with S3,663, $685.
S35 in the previous week.
Detroit evening times., 1942-05-18

Brewing Corporation OF Amer
ica has declared dividend of 81
cents. payable June 10, 10 holders
of record May 25. A similar
amount was paid March 10.
Detroit evening times., 1942-05-18
Dividends

Associates Investment Company
has declared a regular quSkerly
dividend of so cents on tM COM
mon. payable June 30. to holders
of record June u.
Detroit evening times., 1942-05-18
.Foreion Exchanoe
Detroit Poultry

Market steady. Hens average mn. 21c
under 5 lbs. 22c: leghorn hens. 3 lbs. and
up, 20c. cocks. i4c. rock springers owe
lbs, Csc; rock broilers, pa 20 lbs
crosses. Sc, under rock.
EGGS-Msrket firm: current receipts
2sc: leghorn broilers. Is. lbs. Up. 22e
Detroit evening times., 1942-05-18
LINCOLN FIELDS

LINCOLN FIELDS
Track, allow -----~
First Race-Yankee Motion. Hard Bis
cult Fife Fifty. Honey Roll.
Second Race Limitation, Kernele'te.
Certainty, Grand News. Forfend, Paul
Lee. Quizzle.
Third Race-Bolute. Sparkling Gem,
Witan. Georgia Marble. Flying Bonnet,
Sky Dog, My ShadQw
Fourth sce-Tnvoice, Top Note, MIL
more sonny Casey, Peacharino, ComeN.
Episet.
Fifth Race-Nlnum
sixth Race-Foot Note, Here Now,
RaVerchance
Seventh Race silver v
Eighth Race CORVALLIS English
Heavy.
Post 3I5 q m. CDetroit 'imel
tLincoln Fields daily double 10 On tho
second ard third races. Entries 50 as
one, no heldersD
Detroit evening times., 1942-05-18
Detroit Stocks
Sales Hifh Low

Sales HiEh Low Ch &c
Det Edison 10 200 i5N i5h 15K-- a
Dividends In the foregoing table are the
amounts declared or paid so far this year,
unless otherwise noted. s-Liquidsting divi-
dend. bon aecumulations. ex-Ex-divi-
dend.
Detroit evening times., 1942-05-18

Reading Company In the quarter ended
March 81, 1912. reports a net income OF
1887. 1875. equal 10 % cents a common
share against 81. 252. 523 or Sill COM
mon share In the March quarter ~ 1871.
March net income was 81 0p5, 72i sgainst
fe1s, s,0s5 10 March, 1871.
Detroit evening times., 1942-05-18
Scratches
SUFFOLK DOWNS

SUFFOLK DOWNS
Track sloppy
First Race FAirhaired BOY. FLYING
Emblem, Travis L Maeline, High
Finance. Miss Highway. Dolly.
Second Rsce-Updo, sun Breeze. sun
High. Clnesar
Third Race-Two ways. Merry Mis-
take. Vain.
Fourth Race Busy Ace. TAearo, Lily
Rough Amos, Decade.
Sixth Race BAtik. Mine ValdinR Cap
tor. PluCky Muffin. Anzae.
- SsYentA- -RaeA-Nanna- -HEsHa-----
Eighth Race-Bubble LII, Briar Play.
Repbina,
Detroit evening times., 1942-05-18
,onsolidated Film Industries has

declared dividend of 25 cents on
the preferred. payable July /, 10
holders OF record June 10 The
same amount was paid April l.,
Detroit evening times., 1942-05-18

Chicago Rivet and Machine
Company has declared dividend
of 1912 cents on the common,
payable June Is, 10 holders of rec
ord May 25. A similar amount was
paid March Id
Detroit evening times., 1942-05-18
BELMONT PARK
TrarE fat

BELMONT PARK
Track. fast.
First RAce-Tamlin
Second Race Aichanc
Third Rnce-Raphael II. Wilusmstovn.
Sun Ginger.
Fourth Race Generosity, Promlnette.
Fifth RAce-At once.
Sixth Race-Rascal Nebraska.
Seventh Race-GooseberT Pistol Pete.
Detroit evening times., 1942-05-18
Livestock Markets

CHICAGO. Nav is GINs) ).-HoGs-Re-
ceip's. $500 market steady: holdovers,
none. top. Sl4.25, bulk, S14q14.15; heavy
weight, Si4al4 20 medium weight. S14sf
u 25; light weight. Si3.75aI4.l5; light
lights. 3.25g i3. 75 packing sows, sl3.75
ala. pigs. sl225ml3.
CATTLE-Receipts, 100: market steady.
Calves: receipts. 100; market steady. Beet
steers: good and choice xli so n 16 so
and medium. Si0M II so. year
lings.. 500 l6 IS. Butcher cattle: heifers.
50 ~ IL so: COWS SeMll bulls. S9u / .25
calves. S7n15.50: feeder steers. 50 5Oa
l3 so. stocker steers. Sl0di4: stockeT
cows and heifers. IS rs n IL so
sHEEP-Receipts. 2 600: market steady
mecium and choice lambs Sl450T Is 40
culls and common, Sl3u II. so. yearlings,
xiIT13. common and choice ewes, $50
8 rs. feeder lambs. 500 II rs.
Detroit evening times., 1942-05-18
Unlisted Stocks

Approximate prices furnished by the Ma
onal Association OF Securities Dealers,
Detroit evening times., 1942-05-18
Southern Colorado Power Com

pany has declared dividend of 81
on 7 per cent preferred, payable
June Is, TO holders of record May
%. 1912. The same amount was
paid March ID.
Detroit evening times., 1942-05-18
PrTTsBuRGH

PITTSBURGH, MAY IS GNs).-cATTLE
Receipts. 25; market steady. steers,
choice xi3. n 1850 medium to good.
S12ni3: common. SO. asa II. 81; heifers.
medium 10 good. slidi2 common. 81 30
Hs.5o; cows, medium 10 good. 81 500
hulls good 10 choice. SOD n Il; common
to medium. SSn 80
HOGS Receipts. 75,- market steady; 100
$50 lbs, SiA. 30 n l4.t5: lsO.2O0 lbs, Alf -
gi4.50. 2OO-220 lbs. Si4 asa li.5O. 220-
$50 lbs. si4. 30h 1880: 25O-2so lbs.
$l4 10p $50; 290-35o lbs. Si3 s. q :. 10 ,
l00-i50 lbs, $3.50 q 1878. roughs, si2 SO
sHEEP-Receipts 100: msrke. steady
choice lambs. si3 - so. medium 20 good,
S10.75n ~ so. common lambs, $3.50 4 80
ewes. s5.50d6. wethers. S6N7
CALVES Receipts, rs: market steady
good 10 choice. Sl4H15: medium. $l0u
IL: culls and common. S6as.
EAST BUFFALO
FAST BUFFALO. n. Y. May is ONs)
--HOGS--None; compared with Friday last
week. general trade steady. regaininE
early declines. rail hogs, $i4.50a IL so
trucked ins. S14.15 a IA IS. rough and
weIghty sows, Si325n 1880.
las, week, steers and yearlinss. 25-5Oc
higher. cows and bulls steady beef cows
So 80, cutter and common. SsT925, can
ners. S6.50d775; bulls Sl05O
CALVES-None for week. vealers CLOSED
steady: good 10 choice. $3.50; weeks, SIS
common and medium. Sl0m1i
SHEEP - None; compared with FRIDAY
last week, fat lambs, 25-50c higher sheep
steady. good 70 choice clipped lambs witt
No. and 3 skins Si3 so n LIS: choice
native springsrs. $3.50; shorn slsughte
ewes. Hgs5O.
Detroit evening times., 1942-05-18
HIGH PRIORITIES

An important midwestern mill
has leveled off all i's products at
ALA and is accepting orders in
the Al group on the basis of de-
livery when possible. declining all
other business. A large producer
reports all requests from war ma
teriai manufacturers during the
past week have borne Ala rat.
lngs. No rollings are scheduled
below A-1-k and probability of de-
livery at that level is remote as
new directives are constantly re-
Feeived. taking position above all
ratings and pressing delivery dates
back.
Most eastern sellers cannot of.
Ter reasonable assurance of deliv.
cry on anything under A-1-c,
particularly in shapes and bars.
and in sheets the situation is little
better. A large producer of DIVERSE
lied lines is on a basis of Alb or
higher on all open-hearth products.
On Bessemer products the situa.
ton is relatively easier and mate
rial may be obtained in limited
quantities on lower ratings.
DOING GOOD JOB
In spite of this confusion as to
precedence steel mills are doing a
good job of production. and dis
trlputlon to most needed fabrica-
tors is being managed without
I severe difficulty. Close attention is
being paid to inventory by WPB
and no accumula ton is allowed bv
any consumer at the expense Of
supply to others.
Plat tes constitute the most
needed item. shipbuilding taking
by far the largest portion. New
shipyards coming into production
are increasing this demand. Plate
production has been pushed to suc-
cessive record heights in recent
months and total of 975. 900 tons
has been set for May. If this IS
attained, plate output will repre-
sent about IL per cent of all fin
ished steel for the month. One
producer is putting 40 per cent of
his output into plates.
STEEL OUTPUT UP
Steel production last week rose
la-point to 99la per cent OF ca
pacity the highest rate since the
final week of June last year and
exactly the same as the corre-
spending week in May, 1941. With
the enlarged capacity this repre-
sents the largest tonnage ever
produced in the history of the steel
industry.
Pittsburgh advanced is.point to
SO per cent, New England 7 points
to 100, Detroit 6 points to 96 and
Cleveland 6 points to 941a per
cent. Chicago lost 1z-point from
its historic high, to 105 per cent,
Buffalo 2h points to 901a. Gin
clnnati Az points to 841a and
Wheeling / point to 81ia. Rates
were unchanged at Birmingham.
%; eastern Pennsylvania. 95:
Youngstown. "a and st. Louis,
93ls, the previous weeks rate be-
ing revised.
Detroit evening times., 1942-05-18
Associated Rreweries of Canada

Ltd. has declared the regular
quarterly dividend of IS cents on
the common. payable June 30, to
holders of record June 10.
Detroit evening times., 1942-05-18
GnmeweII CompanY has decla red

a dividend OF 81 on the common.
payable June Is, 10 holders OF rec
ord June s. The same amount was
paid March is.
Detroit evening times., 1942-05-18

keystone Steel and Wire Com
pany has declared a dividend of 35
cents. payable June Is, 10 holders
of record May %, The same
amount was paid March 10.
Detroit evening times., 1942-05-18

Ppwdreil & Axelander. Inc. has
declared a.dividend of 15 cents on
the common. payable June is, 10
holders of record June |. The same
amount was paid March l6.
Detroit evening times., 1942-05-18

Schiff Company has declared a
regular quarterly dividend OF p
on the common, payable June ID,
TO holders OF record Nav %.
Detroit evening times., 1942-05-18

Peoples Drug stores, Inc. has
declared a dividend of 25 cents on.
the common. payable July !, TO
holders of record June 8. In previ-
Gus quarters the company paid 40
cents.
Detroit evening times., 1942-05-18

Lake Shore Mines, Ltd, has de-
clared a quarterly dividend of 20
cents. payable June Is, 10 holders
of record June l. A similar amount
was paid March 16.
Detroit evening times., 1942-05-18
BUSINESS
New York
Stocks

High Low 1890