davidaulloa/AmericanStories huggingface dataset:
Evening star., 1942-04-07
Sharp Rise Forecast
In Buying Power
After War
Iron Age Editor Says
Costs Will Decline,
Efficiency Increase

BY the Associated Press.
NEW YORK, April THE head
of a magazine to the steel industry,
predicting 80 to 40 per cent in
crease In American purchasing
power after the war, said today that:
In the postwar period better
houses would cost less, automobiles,
made of lighter metals such as
aluminium and magnesium, would
run 40 miles on a gallon Of gasoline,
and Americans would learn to get
10000 to $4,000 miles from set Of
tires.
John H. Van Deventer, president
and editor of the Iron Age, said IN
an address prepared for delivery at
a luncheon of the Sales Executives
Club of New York that the increased
purchasing power would come from
two sources, producers and con-
sumerS.
producers, he said, "fall into two
classes, those who build production
machinery and those who use 1t to
make products. Builders Of pro-
duction machinery are not now put
ting out new models, since their
plants are fully occupied in getting
all of the output possible out of
established models.
New Design Prepared.
However, nearly every maker OF
production machinery has in design
or development new and improved
models to be brought out after the
war, when the national emphasis
will shift from production to cost
reduction.
Users of production machinery
meanwhile are getting an intensive
education in the use of alternative
materials, in waste reduction and
salvage, and in managerial efficiency.
After the war our motor cars will
run 40 miles to the gallon Of gas,
thanks to the experience the motor
car industry Is getting in aircraft
manufacture and to the use of light
metals such as aluminium and
magnesium, whose productive capac-
ity Is being so greatly expanded.
Manufacturers of tin plate for
the canning industries is being
revolutionized by the electrolytic
process which enables one pound of
tin TO do the work of several pounds
formerly required.
Foresees Cheaper Homes.
Public pressure for abolition of
archaic union restrictions on output
will enable one to buy better house
for 5000 than he could formerly
get for $4,000. These achievements
and hundreds of others will build
q new world of production efficiency.
Every cent shaved from the cost
and price Of an item of goods or
services increases national consum-
ing power by that amount.
Heretofore, most of us have been
satisfied to get Is, 900 or &c, 900 miles
from q set of tires. Now we are 60
ing to learn to get 10000 or $4,000
from them. We are learning how to
save and salvage paper and metal
and rubber and almost everything
else that we have heretofore con-
sidered tnexhaustible or easily re-
placeable. The lesson Is going to
carry over after the war and make
us better stewards Of our posses
sions." ..
Evening star., 1942-04-07
Inventories Restricted.
BY the Associated Press.

BY the Associated Press.
The War Production Board i'm
posed strict limitations yesterday
on the stocks of builders supplies
and 18 other types of supplies which
may be held by wholesalers, jobbers,
retailers and branch warehouses.
The order, intended to reinforce
w. p. B.'s regulations against the
boarding of idle inventories, applies
also to stocks of supplies of the
following types: Aviation, construc-
ton, dairy, electrical, farm, foundry,
grain elevator, hardware, health,
industrial, plumbing and heating,
railroad, refrigeration, restaurant,
textile mill. transmission and weld
ing and cutting supplies.
The new order, effective immedi-
ately, supersedes previous inven-
tory restriction which said that
dealers could not maintain more
than a practicable working mini
mum" of such goods.
Under the new restriction, whole
salers and dealers located in the
eastern and central time zones may
hold inventories in any month
amounting to twice the sale value
of their shipments in the second
preceding calendar month. Sup
pliers in other time zones may hold
inventories equal to three times
their shipments in the second pre-
ceding month. -
"Suppliers whose total inventory
at cost is less than $4,000, and less
than $4,000 for any one of the
listed types of supplies, are exempt
from the terms of the order" w.
P. B. said
Use of Lead Foil Barred.
Tobacco firms were forbidden by
the production board yesterday to
use lead foil on cigarette packages
on and after May l, regardless of
whether they have supplies on hand
after that date.
Packers were notified by the board
that they might obtain quota-ex-
empt sugar in quantities sufficient
for the first canning, preserving or
quick freezing of fruits and vege-
tables.
Evening star., 1942-04-07
Troops Attend Lectures

LONDON (E1.-More than 1000 900
troops are regular students at army
education lectures. OF this number,
10000 are studyingf to become post
war doctors, bankers, lawyers, in
surance brokers, architects, survey
ors. auctioneers, scientists and tech
nologistS.
Evening star., 1942-04-07
London Market
Steady After
Dull Session
BY the Associated Press.

by IhS Ab6OCIhVeu FrtSs.
LONDON, April THE stock
market closed generally steady after
an idle session today.
British funds were steady, Bra
lillian and Peruvian bonds finished
higher in the foreign list, industrials
were firm, home rails slightly easier,
oil higher and inactive, rubber fea-
tureless and coppers easier, while
kaffirs were maintained in most
cases.
Evening star., 1942-04-07
Check Transactions Show
Big Gain During Week

HSoUOIdEtU
The Federal Reserve Board said
yesterday that check transactions Of
banks in 274 leading cities totaled
S11, TOT 900 900 IN the week ended
April !, compared with sl0,014000 900
in the preceding week and s11,768.-
100000 in the corresponding week
last year.
Last week was slightly under the
similar week year ago because in
194l the week ended on April 2, and
included more Of the customary first
Of the month business.
Comparisons with a year ago, by
Federal reserve districts, follow Gin
millions of dollars:
Evening star., 1942-04-07
Foreign Exchange

NEW YORK. April P.-Late foreiEn
EXCHANGE rates follow tGreat Britain In
Canada-Ofhcial Canadian Control Board
rates for q. 8. dollars; buying. 10 per cent
Sc sens per cent soaa;
in New York Of buying, e.91 per cent;
selling. 800 per cent.
ket Is per cent discount or $500 o. 9.
cents
Europe-Great Britain. ofhcial Bankers
Foreign Exchange Committee rates|: buy
ing, 4.o2; selling. 4.04. open market;
cables. 4.03sk; down V cent.
Latin America - Argentins. ofncial.
oficial. 6 05n; free. S, ,2on: Mexico, 20 SIN.
Rates IN SPOT cables unless otherwise
indicated
n Nominal.
Evening star., 1942-04-07
,oItimore Livestock

7 BALTIMORE. April z tH9 20. .. Dept. OF
fAgriculturel Ill am. quotations.
93O-pound GOOD grade steers. 12.00; small
lots 825-pound medium grade steers. IL .25;
cslyes-50. weak to 80 lower; de-
mand marrow; early top. 1880: good to
choice. 400; common and medium, 500
1900; mostly s.9o-12.oo; Gull Grade vealers
Hogs-550. Mostly 10 higher than
Monday; practical top, 14.45: good and
pounds and 2s0-240 pounds. Ii. 4.00-a5;
pounds. Is: :eo-s5: 26o-3oo pounds: 10. a.55s
pounds 13.10-35; packing sows, 1885
1915.
Sheep-None. Nominal
Evening star., 1942-04-07
Chicuqo Produce

CHICAGO. April = dP,.-Poultry. live. 16
down. colored. 23Ha; White Rock, 24ls;
other prices unchanged.
trsiiized cariots. s8h.: other prices un-
Eass. receipts. 3oo24; nrmer: fresh
graded. extra frsts, cars, 20: hrsts- cars.
%; current receipts, 26z; storage-packed
frsts, 30l4: other prices unchanged.
Evening star., 1942-04-07
Candy Production Up

Manufacturers of confectionery
and competitive chocolate products,
the Census Bureau reports, sold l
per cent more products in February
than in January and 25 per cent
more than in February of last year.
Evening star., 1942-04-07
Odd-lot DeoIinqs

PHILADELPHIA, April z tP.-The &C.
curities Commission reported today these
dealers or specialists on the New York
Stock Exchange for April 8: 1885 pur-
chases involving 49,105 shares, 2,190 sales
involving 49,62S share, including 40 short
sales involving LILY shares.
Evening star., 1942-04-07
New York Cotton

BY the Associated Press
NEW YORK, April Cotton fu-
lures sagged to the lowest levels of
the day in the final hour of trading.
Commission house liquidation. New
Orleans and local selling found sup
port limited to covering by trade
shorts. Stop-loss orders added mo-
mentum to the decline.
Futures closed IS to IS cents a
ke Il INvunr
Evening star., 1942-04-07

ruptey or u receiSeEsnip 81 or % BENG reoraanizsd
under. Bankruptcy Act, or securities as
sumed BY such companies. Rates Of divi;
disbursements based on the last quarterly
or semi-annual declaration. Unless other
wise noted. special or extra dividends are
rights Also extra or extras. Cash or
stock. e Declared or paid SO far this year.
PAYABLE in stock. gpaid last year: Pay; az
dividends paid or declared this year.
Evening star., 1942-04-07
10th Century-Fox Net
OF SOB a Share /
Reported for 1941
Result Contrasts With
S5l7,336 Deficit in
Preceding Year
By the Associated Press.

By the Associated Press.
NEW YORK, April THE goth
Century-Fox Film Corp. reported
today for 1s41 net profit Of s4,-
921, ,926, equal to S2o3 a share on
the common stock.
In 1910 there was a net loss Of
s517,336 after provision Of $4,000 900
for foreign assets.
In the December quarter net profit
amounted to $3,372, ,726, compared
with $687,5S6 in the September
quarter.
Evening star., 1942-04-07
Freight Loodines

NEW YORK. April R.-Revenue
freight cars handled on railroads report
ing today for the week ended April 4:
Evening star., 1942-04-07

New Orleans Prices.
NEW ORLEANS. April z UP.-Cotton
futures declined here today under Ions
realiIine and hedge selling. The market
closed barely steady, is to Is points net
Evening star., 1942-04-07
OveroIis Output Down

The Commerce Department says
that output Of overalls declined from
6l0,307 dozen In January to 567,s46
in February.
Evening star., 1942-04-07

SPOT cotton closed steady. Is points
lower, Sales 2.333. Low middlns. u. Y;
ceipts, Ellis: stock. 52S,3e0.
Bid. Nominal.
Evening star., 1942-04-07
Committees Speed Up
Railroad Traffic
By Freeing Cars
Nearly 400 Efficiency
Groups Toke Port
In War Drive
BY the Associated Press.

By the Associated Press.
CHICAGO, April IL. M. Belts,
manager of the Association of Amer
lean Railroads car service division,
reported today "car efficiency" or
vigilance" committees in nearly
400 communities were expediting the
relase of freight cars to keep war
and commercial traffic moving.
Literally thousands Of car-days
are being saved by this plan of VOL
untary cooperation instead Of COM
pulsion by rule and mandate" Belts
told the Midwest Shippers Advisory
Board.
IF this plan can be intensified
as we later approach the peak pc
riod of carloadings, we believe the
railroads can continue TO meet the
demands for transportation of war
trafiic and commercial needs as
we'll"
Detention Refused.
He said comparative figures week
by week were showing a reduction
in the average detention and in the
number of cars held beyond the
free time allowed under the stand
ard demurrage rules. Only by using
the present car supply more eff
GENTLY, he said, can traflc demands
be met since the prospect for more
new cars is not bright.
Belts said cars must be moved
faster in terminal and road service
and must not be allowed to stand
on industry tracks after loading or
release an hour longer than neces-
sary. He added too many cars were
moving with half loads because
consignees were reluctant to take
full capacity cars.
Here is another situation where
it is hoped results can be achieved
without changing rules and regu-
lations but, trade conditions being
what they are, perhaps some car
load minima may have to be raised
If this uneconomical use of cars is
to be overcome"
Loadings Gain Forecast.
Liz uxiOWCoU
Board Is voluntary organization
of shippers and receivers of freight,
and trade organizations co-operat-
ing with the railroads for produc-
ton of adequate transportation and
car supply. Its territory includes
Illinois, Iowa, Wisconsin, Western
Indiana and Northern Michigan.
The boards forecast of carloadings
for the second quarter this year,
released last week. was for 886,074
cars, a per cent increase over the
844 048 cars actually loaded in the
same quarter last year.
In a separate meeting this after
noon, partly related to the shippers
group, United States Department of
Agriculture representatives planned
to discuss handling of the l942
grain crops with representatives OF
farmers, transportation agencies,
storage interests and grain traders.
This is one of a series Of such meet
ings by the U. S. D. A.
Evening star., 1942-04-07

"Ex dividend. t-Plus extras. Paid
ssd SO daE s e. ests5 IS xrs s*6e
extra. m S1.50 extra. Paid in 194l.
$40 extra,
Evening star., 1942-04-07
Bank Loans Decline
S5,0OO,0O0 More
During Week
Decrease Is Regarded
As Temporary Reversal
Of Upward Trend
By the Associated Press.

By the Associated Press.
The Federal Reserve Board re-
ported the second small drop in as
many weeks for business loans Of
banks.
These declines appeared to be a
temporary interruption of the
marked increases which have been
occurring for about year and a
half. In the week ended Ipril
commercial, industrial and agricul-
tural loans of banks In 101 leading
cities declined 5000, 900 to a total
Of 81 ,000, 900. However, this total
was 81 $50, ,000, 900 higher than 1t was
year ago.
The boards statement gave the
following summary of assets and lia-
bilities on April 1, together with the
increase or decrease since the pre-
vious week and the corresponding
week last year (in millions of dol
iarS).
Evening star., 1942-04-07
Baltimore Stocks
srstlsl Dispatch to The Star.

SPECIAL Dispatch to The Star.
BALTIMORE. Apru T.
Sales STOCKS. High. Low. Close.
,o2e B.,.imere Tr 10 .7Sx .7oox
20 Fidelity 4 Den. 1os 1oaT 1oa
loo oWinas oi MIS- Dist SO so SO
1so Sfs'fade 9 Fidel to@ Guar sr Ssh sss: 24s.
BONDS
$4,000 Bait Tr deb As A so 4994 49S4
Evening star., 1942-04-07
Washington Exchange

SALES.
Mergenthaler Linotype-35 Ut s..
Evening star., 1942-04-07
Current vk. Pv. wk. Yr. age

Loans and invest
ments-total --30.494 -2s7 -3,542
LoanS-total ,394 8 r 1856
c m mercial, in
dust rial and
agriculture loans 1908 5 +l53s
Open market paper 424 9 II
Loans to brokers
and dealers in
securities - 4Os Unch. %
Other loans for
Evening star., 1942-04-07
BONDS
STOCKS

PUBLIC UTILITY.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11

Mount Clemens High school au-
ditorium. Admission Is by pur-
chase Of one or more 70 cent
War Stamps.
Assemble on south side OF
Grand avenue at North avenue.
City and other officials; Self
ridge Field Band and Color
Guard; Selfridge Field Troops;
F. v. w. and American Legion
massed colors; Veterans OF For
eign Wars, American Legion.
and other veterans; Gold Star
Mothers, v. F. w. and American
Legion Auxiliaries; Coast Guard.
Assemble on north side OF
Grand at North; American Red
Cross; Civilian Defense Groups;
Other organizations; Boy Scouts.
Aides for the parade will be
Commander Albert Wallace and
Henry Schwartz of the Veterans
of Foreign Wars, Commander
Charles Mikelsdt and George
Arthur, De ' : Rue Jenkins, and
Lee Preston of the American
Legion.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Salute
CONTINUED from Page ~

urged those planning to attend
the program tonight to come
prepared to buy"
1--WE would appreciate It If
those who intend to buy bonds
or sta mps would have their
checks ready, and arrangements
have been made at the school
tonight to take their bond ap-
plications," Beal said day.
Checks may be made out to the
school.
Bonds will be sold at the in
Permission of the impressive
program to be held at the school
tonight at 8:15 p. m. Otto Nickel,
Alvin w. Hameister, and Ralph
Clark, local businessmen, will
conduct the sale from the stage.
where big thermometer will
record the "heat" of bond pledg-
ing.
Representatives of every grade
and every school in the public
system will present the patri-
otto program under the direc-
ton of three new teachers, Alice
L. Slocomb and Samuel Y. Bar
bakoff of the high school facul-
ty, and Lois Harper, graz e
school music supervisor.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Harry Morgan
Passes Away
Former loeol
TsIssrophsr Dies

Harry M. Morgan, IS, a tele-
graph operator for the Grand
Trunk railroad here during his
youth, died Tuesday at his home
in Buffalo.
Burial services will be held
for Mr.. Morgan at 3 2. m. Thurs
day at Clinton Grove Cemetery
with Rev. G.. A. Merifield, pas
tor Of Grace Episcopal church.
officiating.
Born in Thedford, Ont, June
ID, 1867, he camc to Mount
Clemens with his parents. Will
liam and Arianns Morgan. His
father was then Grand Trunk
Station agent.
Mr.. Morgan left Mount Glenn
ems to become station agent for
Grand Trunk in Detroit and
then held q similar position in
Buffalo. He retired IL years ago.
Besides his wife, Evelyn, he is
survived by a daughter, Mary
Ellen, and a sister, Mrs. Ella M.
Egnew, of Mount Clemens.
Duncan B. Hubbard is in
charge of arrangements.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Churchill
CONTINUED from Page -

CONTINUED from Rage ID
ped as the British and Ameri-
can troops but contains many
veterans ."
Invasion preparations ''have
been greatly advanced" he said
and:
Enormous installations have
been and are being brought into
existence at all our suitable
ports.
But no one would have been
justified nor would II have been
physically possible to have made
an effective invasion of the
continent during the summer or
autumn months of 1912"
Churchill disclosed that he
had instructed the chiefs of
staff to disregard public clamor"
in planning future operations.
II have been asked why did
you allow false hopes to be rails
ed in Russian breasts?" he con-
tinued, why did you agree with
the United States and Russia to
q communique which spoke of
a second front in Europe in
1912?
II must say quite frankly that
l hold it perfectly justifiable to
deceive the enemy even if, al
the same time. our own people
are for q time misled :"
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Tin Drive
CONTINUED from Page ~

son and Lincoln schools was es-
pecially keen, but a final lively
collection drive toward the end
of the contest saw the Wilson
ties forging into the lead, ac-
cording to Mrs. Paul w. Nc
Kee, chairman of the Civilian
Defense Salvage Campaign in
Mount Clemens.
A total of 1885 pounds of tin
was collected in this drive,
against 1885 collected in the
drive that ended October 10. An
earlier city-wide drive bf all
residents collected 5000 pounds
of tin salvage, Mrs. Mckee said.
Other schools participating in
the campaign that ended Mon
day, and their collection totals,
were as follows: Grant, 246
students, 1000 pounds for an
average of Al pounds; Trinity
Lutheran, 1872 students, 400
pounds for an average of four
pounds; Donaldson, 202 stud
eKts, 425 pounds for an average
of FL pounds; Dickinson school,
1873 pupils, $50 pounds, for an
average of 10 pounds; Macomb
school, 203 pupils, $50 pounds for
an average of IL pounds; st.
Louis, sos pupils, 100 pounds for
an average of so pounds. High
school, 400 students, 600 pounds
for an average of a pounds; st.
Mary's, 791 students, 100 pounds
for an average of 2 ounds; and
Clemens school, with 142 pupils,
collected 20 pounds for an aver
age Of IA pounds.
Also collected by the students
of the II schools was a total
of 8815 pounds Of scrap metal
to aid the defense program.
This was contributed as fol-
lows: Wilson, 2250 pounds; Lin
coin, 2100 pounds; Dickinson,
1880 pounds; Donaldson, 100
Grant, 700 pounds; st.
Mars, $40 pounds; st. Louis,
500 pounds; Macomb, $50 pound;
Lutheran, 200 pounds;
High School, rs pounds.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Gas

(COntlnucO from rage ~
held from Monday, Nov. %,
through Saturday, Nov. %.
Since the applications for sup
elemental allowances should be
mailed to the ration board or
the locality sub-station of which
they will be advised when reg
istering, applicants need not ap-
pear before volunteer professors
that week.
The instruction classes for
professors were held yesterday
at First Methodist Church with
G. Donald Smith, of the gas ra-
tioning panel, and Mrs. Russell
Stark, chief of the CD volunteer
office, acting as instructors. A
total of 125 attended the after
noon class and 40 were in at
tendance during the evening.
Mrs. Stark today described as
Every gratifying" the act of VOL
unteers who offered to work as
professors on Thanksgiving Day.
She added that many have VOL
unteered to work evenings.
Those who volunteered at the
afternoon session to work on
Thanksgiving Day and who now
feel this is impossible should
contact Mrs. Stark on the sixth
floor, County building. Her tel
ephone number is $40.
It was also revealed that
Frank M. Mason, of the Detroit
Edison company, is general
chairman in charge of process
ing. His time for the week is
being donated by the Edison
company.
Regional OPA headquarters at
Cleveland for Michigan, Ohio,
Kentucky and Indiana had an
nounced earlier in the day that
registration had been delayed
there, and Arthur H. Sarvis,
Michigan OPA administrator,
ruled that all Michigan coun-
ties would observe the later
registration dates to keep the
state on a uniform basis, even
though sufficient books are on
hand in some counties.
The new date for the start of
rationing in areas not already
under ration controls applies to
all commercial vehicles, in the
east as we'll as in other parts
of the country, OPA said.
AS a result of the postpone
ment, rationing boards will re-
duce by 20 per cent the gallon
age allowed commercial vehicles
for the 40-day period from Nov.
% to Dec. 81 because of the
shortening of the time within
that period that rationing will
be in effect.
Passenger car "a" book hold
ers In areas not now under ra-
tioning will get the benefit of the
equivalent of one coupons
worth of additional gasoline be-
cause of the postponement. No
ration coupons will be removed
from the "a" books to allow for
the change in date.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Parade


plant workers stepped up the
production tempo. Many of them
will be able - enjoy the par
ade, however. which Is held this
evening to avoid conflict with
major work schedules.
ASSEMBLE AT GAS
All marching units should as
semble promptly at Gas pm.
on Grand avenue at North, Par
ade Marshal Edward DeVries an
nounced this morning. .
The parade will move at Z
pm. down North avenue to Cass,
then east on Cass to Gratiot,
north on Gratiot to Market, east
on Market to Broadway and
south on Broadway to the coun-
ty building.
The parade will be brief be-
cause many marchers plan to
attend the Salute to Service
program at 3:15 pm. in thu
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Aged Sterling
Resident Dies
Mrs. jane Wovrsnnsr
Posses Awoy at 81

Funeral services will be held
Friday at 2 p. m. from the resi-
dence at 1900 Ryan Road, Ster-
ling Township, for Mrs. Jane
Warrenner, 81. who died there
this morning after a lingering
illness. She had been confined
to her bed for the past seven
months.
A lifelong resident of Macomb
County, the deceased was born
in Erin Township. and resided
at the Ryan Road farm for over
half a century.
Surviving are two sons, John,
of Warren, and Rubin, of De-
troit.
Services will be held from the
home with the Rev. Paul Nicho-
las, of Detroit, former pastor Of
the Utica Methodist Church, Of
ficiating. Interment will be in
the Utica Cemetery, with the
Schwarzkoff Funeral Home, OF
Utica, in charge of arrange
ments.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1942-11-11
Elementary Schools Sell
|S1,o94 in Stamps, Bonds

With high school students still
selling War Bonds and Stamps
in connection with tonight's ga
lutte to Service" program, only
the record of elementary school
pupils was available for this
week.
Total Bond and Stamp sales
reached $l,094.25, Superintend-
ent L. Wade Fast reported to-
day. Totals by schools are:
Clemens, $3.50; Dickinson,
$122.55; Donalds o n, $188.80;
Grant, 5000; Lincoln, $135.40;
Wilson, $428.75 and Macomb,
$129.35.