davidaulloa/AmericanStories huggingface dataset:
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
When You And
l We're Younger
Twenty-Five Years Ago.
Items taken from the Asllov American
OF Is and Is years ago.
(May 81, 1910

Miss Ida Clemens and Mr.. Fred
Olesen, both of Askov, slipped quiet
ly away from their friends last Fri
day and were married at Pine City.
Both of these young people are well
known in the community, having
lived here several years. Mr.. and
Mrs. Olesen Immediately went to
housekeeping on the farm which the
groom recently purchased and which
is located four miles east and one
mile south of Askov.
The new sawmill belonging to Emil
Albrecht in the town of Wilma
burned last week. A great quantity
OF timber was piled near it, but none
was destroyed.
N. c. Bendiks of Cicero, ILL.,, has
been selected as manager of the
Askov COOPERATIVE Association feed
store, and will commence upon his
new duties June 1. Chr. Hansen has
recently resigned as manager.
George Petersen, an expert from
the firm of Gydesen & Manders Co.,
Minneapolis was in Askov from Fri
day until Tuesday erecting a large
Cottrell cylinder press in the Amer
lean office. With this additional
equipment the American is one of
the best equipped job and newspaper
shops in the state outside of the
Cities.
About 400 people from all parts of
Pine county gathered at Patrick's
hall in Hinckley last Friday evening
in response to a call by H. w. Harte
OF Pine City who has been appointed
county director of the Public Safety
Commission by Governor Burnquist
A county organization was perfected
with the following officers: H. W.
Harte, Pine City, chairman; Geo.
Empey Hinckley, secretary; and A.
S. Dean, Sandstone, treasurer.
Mrs. Jess DeMaris of Bruno, re-
turned Friday from Sheffield, Iowa,
where she went to attend the funeral
of her nephew.
Miss Laura Juhl of Askov, who
has been attending a telegraph school
in the Twin Cities, has returned
home and is assisting at the local
depot, getting onto Jim Hills style
OF doing business. She expects to
get position as agent in one of the
stations on this division.
R. S. Rasmussen returned to Askov
Friday from Minneapolis, where he
had been to attend the funeral of his
brother-in-law, Andrew Petersen.
A new bridge is being built over
the Tamarack river in Wilma town.
ship between sections 16 and II.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
Fifteen Years Ago
(June 2, 1920

Miss Margaret Halvorson, daugh-
ter of Mr.. and Mrs. Hans Halvor-
son of Sandstone, was united in mar
riage to Mr.. Paul Olive of Duluth
Saturday. The ceremony was per-
formed by Rev. Stowell at the home
of the brides parents. The young
couple left Immediately for Duluth
where they will make their home.
Mr.. and Mrs. Tinus Thomson of
Askov, celebrated their silver we'd
ding anniversary Friday. Mr.. and
Mrs. Thomson were married in Den
mark where they resided few years.
They also lived in Minden, Nebr.,
before coming to Askov about 10
years ago.
Mrs. Emma Foline, pioneer resi-
dent of the Sturgeon Lake commun-
1ty, died Friday at the age of rs
years. The deceased came here with
her husband, Jonas Foline, 80 years
ago. Mr.. Foline died several years
ago. Two sons, Fred and Harry, of
Sturgeon Lake, and one daughter,
Mrs. Edith Gilbertson, survive. The
funeral was held Saturday from the
home, interment being made in the
local cemetery.
Miss Margaret Webb, daughter of
Mr.. and Mrs. H. p Webb of Sand
stone, and Mr.. Harold Underhill, son
of Mrs. A. j. Underhill of Rutledge,
were married Tuesday noon. The
ceremony was performed by Rev.
o. Suver at the home of her par
ents. After short honeymoon trip
they will return to Sandstone where
they will make their home.
A number of friends and relatives
of Adrian Bulls, formerly of Sand
stone, but now of Minneapolis, at
tended his wedding at North Branch
Saturday evening, when Miss Vera
Nordgren, daughter of Mr. and Mrs
Elias Nordgren, became his bride
Rev. 0. Suver of the Congregational
church of Sandstone, performed the
ceremony.
Mr.. Madison, father of Harry Mad
ison of Sandstone, died Monday at
the home of a daughter at Hancock.
Mr.. and Mrs. H. Madison left that
day to have the remains shipped to
Sandstone for burial. Funeral serv-
ices were held from the Norwegian
church by Rev. Stowell Wednesday
afternoon and the remains were laid
to rest in the local cemetery.
John Schostak passed away at his
home two miles north of Grasstor
last Thursday, cause of death being
paralytic stroke. The deceased was
65 years old and pioneer of this
community. Funeral rites were con-
Quoted by Rev. Erickson at the Swed-
ish Lutheran church Saturday and
the body was laid to rest in the
Grasston cemetery.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
Duquette
(From Another Correspondent

(From Another Correspondent
Mrs. Anna Edin and son visited
at the Flick Torell home one day re-
Gently.
Betty and David Newell visited
Mr.. and Mrs. Jerry Peterson Sum
day.
Mrs. Clarence Melancon went to
Duluth Friday and returned Satur-
day with c. Torel and Mr.. Melan-
con.
Mr.. and Mrs. Mike Klein and chill
dren visited Sunday afternoon at
the George Robinson home.
Mrs. Harold Enstrom is home
visiting her parents, Mr.. and Mrs.
Flick Torell, at this writing.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28

rived here Saturday to spend the
summer months at their cabin at
Sturgeon Lake.
Louie Dobozenski visited relatives
and friends here few days recently
before being indicted into the u. S
Army.
Mr.. and Mrs. Ernie Anderson OF
Duluth, spent Sunday with friends
here.
Adam Milczarek and Mrs. Marhef-
ka spent Sunday at the Anton Nobel
ski home.
Wesley Manthei, Mary Odebraski
and Mr.. and Mrs. Ray Palerski OF
Barnum, enjoyed trip to the North
Shore Sunday.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
PINE COUNTY RURAL
SCHOOL NEWS
No Changes.
A. E. GUSTAFSON. County Supt.

Reports to date indicate that the
following 40 teachers expect to re-
main in their present positions. (Dis-
trict number precedes name):
One, Helen Bergfalk; 4, Jessie Null
Inns; z, Ruth Ann Peterson; IL, Doris
Thompson; Is, Bernice Strassman;
10, Mary Johnson; %, Luella Ander-
son; rs, Gertrude Fosvick; 80, Anna
Meyer; 80, Mary Pulkrabek, 33, AL
ma Fosvick; "a, Mary Prochaska; 35,
Esther Oakland and Florence Lund-
blade; 81, Anne Stephan Danelski;
80, Juanita A. Fallbeck; AZ, Ruth
Fuller; 43, Nina Johnson; as, Oscar
Haavisto and Marjorie LaTourelle;
AZ, Aletha Larson; 48, Janet Karges;
40, Ethel Sanburg; so, Florence He'd
lund; 60, Vera 'Gilbertson; 81, Ruth
G.. Peterson; 81, Harold Lindquist;
66, Irene Lindquist; SO, Gloria An
derson; II, Aurelia Lahodny; 81, Car
olyn Won Rueden; IS, Ferne Y. Mar
tin; 95, Eylene Ellefson; 1O2, Beatrice
Swan; 1872, Phyllis Chaser; 124, Jean
House; 1876, Nellie B. Wise; 1913, Cd
run Torvick; 129, Harold Weberg and
Mrs. Harold Weberg.
Errors in Exam Keys.
Teachers will please note following
corrections to be made in the state
exam correction keys: Geography,
question No. 93-answer l; social
studies, question No. 59-answer 1;
social studies, question No. Co. an
swer 2; social studies, question No.
75-answer 2; social studies, ques-
ton T-anSWer l.
Attorney Generals Opinion.
The following opinion just arrived
completely reverses the old opinion
of a year ago regarding closing
school, or any part of the school, and
transporting to a nearby school. The
opinion now stands as it was few
years ago. The school board may
decide this without a vote of the
district Quote: "Laws of 1941, Chap
ter 169, Article vi, Section IA, Sub
division l provides, The school board
of any district, when it deems it
advisable, may provide for the in
struction of it's pupils in an adjoin-
ing or nearby district, and in such
case may discontinue the schools
of its own district, or any grades in
said school, in which case it shall
provide for the free tuition and
transportation of its pupils to the
school in the nearby or adjoining
district. Such free transportation of
pupils shall conform to the rules and
regulations of the State Board of
Education
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28

Balsa, tropical, lightweight wood
used as insulation material and in
making motion picture props, also is
used to make ammunition contain
ers for fighting airplanes.
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
Kerrick

Friday is the last day of school
for this year and there will be the
usual school picnic. Parents are
especially invited to come and bring
Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1942-05-28
ARE WE AT WAR;?

a
live talk we augh-we play just about usual If want mile
o to o
dance We spend what and had How would
think REALLY THINK of what
Guns
wounded the that the
the %
SOMETHING
the
a
parable
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Stocks Mixed;
Cotton Scars,
To 1877. Highs
Majority Leaders
Open Unchanged
or Slightly Higher

NEW YORK. April 6 (UP).-
Stocks opened narrowly irregular
today with trading light. Bonds
were steady. Cotton futures rose
g TO II points 10 new highs for Is
years.
A majority OF stock leaders
opened unchanged or up slightly
Coca Cola and Philip Morris had
gains of nearly a point each, while
Climax Molybdenum was off nearly
a point. Elsewhere net changes
were small.
Among issues unchanged were
Chrysler at 55ss: Union Pacific. u;
General Mills, II; Anaconda. 252.
General Motors, 81; Curtiss-
Wright, 7i2; American Radiator
Al; American Telephone. 1862
and General Electric. "a u.
Santa Fe opened at 36Ss, up II
and New York Central 8. up -
Westinghouse Electric. Standard
Oil IN. j., Detroit Edison. Phelps
Dodge and Francisco Sugar also
had one-eighth point gains.
Minor losses were noted in Elec-
trio Auto-Lite. American Tobacco
B, Reynolds Tobacco B and West.
lern Union
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Eureka Vacuum
1OO9o War Work

Although manufacturers are
permitted 10 make vacuum clean
|ers until April 30, Eureka stopped
cleaner production month early
TO speed the output of war mate
rial. Henry W. Burrltt president
Iof the company, said today. All
available space and men were
pressed into service making parts
for bombing planes gas masks and
other "wln-the-war' items, Bur-
'rtt said
The company has been engaged
for more than a year on produc-
ton OF war materials. he stated,
with domestic production steadily
yielding 10 war work as fast as
government assignments appeared.
The Detroit company is reported
10 have received high praise for
its engineering contributions TO
war production. having developed
Improvements on certain war
items and produced several inno-
VatlOnS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Market Ruled
By Uncertainty,
Caution Needed
Better Balance Noted
in Weeks Trading as
IS Leaders Show Gain
BY LEWIS HANEY

professor Of Economics. ". Y. University
At this writing. the stock
market remains in an uncertain
position. My own attitude is now
one of increasing hopefulness,
but great caution.
The little rally Of last week
was in many respects like those
which came on March II and
March "a. These quickly died
out, and were followed by re-
newed declines. Thus. one should
avoid the idea that the consider
able strength shown on Thurs
day is necessarily the beginning
of a rising trend. But there are
some differences which warrant
greater hope this time.
For example. the percentage
Of trading that occurred in the
Is most active stocks on Thurs
day was much larger. Also there
was better balance between
the movements of the selected
averages and the majority OF all
stocks. the number of advances
being larger in comparison with
the declines.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
|Pabst's Margin
Now One Game

Pabst's apparently safe lead Is
wiped out today and the prospec-
tive Michigan Major League cham
lpions must win two games in the
play-off this week of a postponed
match with Glenn to beat out
Casino. The PabSt lead was cut
to one game when Casino won two
yesterday in what was the official
closing date of tbe leagues first
season.
Casino won three games at
Great Lakes in the regular posi-
ton bracket. then the teams went
to Eastern Market to play of q
poStponement. At Great Lakes
Casino won. 2748 TO 2477. At East
ern Market Frank Gunsberg hit
634 as his mates registered 1883
for another shutout.
What had been a six and one
half game lead for Pabst is no
more and Casino has a chance to
win out although its schedule is
| finished.
One match was not PLAYED
yesterday. Dawes and Oldbru. In
the others, Faygo took two from
Glenn, 276l TO 1882. Norge (2594)
claimed two from Eastern Market
(25l6). Edelweiss did 1888 to 2535
in defeating Auto Club.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06

APPLES Mcini osh. fancy. - 500 q
s eT Spies SO ilnc5 s, z' so No b. 81 NJ NoF'h
81 75g225 No 2. siai25 Greetings
No !. $lfil 30 DO No 2 son 75e; iona
thans. fancy S212 % bu. No ]. 81 ,,
9i75 No. / 81 Delicious fancy, 81 81
s,eeie's Red. fancy. $500 so bu No. /
81 500 2 No. 10 81
BETS 40 81 75c bu No soc
CABBAGE Is ~ soc bu No ,
50 soc Red, No. j. siGl 50 bu No
cHlvEs No |. 81 dor
CARROTS !. Nai35 bu.; No
CELERY cABBAGE-No. l. sial.sC
CELERY RooT-No /. nei25 one
EGGs-Lsrse. SOON 3o-dol case,
FRENCH ENDIvE Fancy N25 5-lb
box No | $50 soca No 2 SIC
HoRsERApIsh Fancy. 81 Soa7 IS bu.
LEXIS No !. 55cp ST. doL punches.
ONIONS Dry. fancy s.. 75n3 5o,lh
sacks No. l. 81 25H2.5o No. N.75
green No. ] +oc doz. punches. Onion sets
PARSLEY RooT-No J, 81 so bu
PARsNIPs- Fancy. 81 5oal75 bu. No
l. p $500 No r,Scy &c 8, IS bu; No. !,
POULTRY AND HOGS Live hens
heavy breeds rs u 2gc 10 ieghorns 81 q
CSC broilers heavy. 2s 2qc 10 leghorn
q 23c Hogs. medium dressed. 10 ~
RADIsHEs-R Red dollhouse No /, ss
dor punches
RHUBARB- Hothouse fancy. 40c 3-lb
box. choice Csc small. soc doz punches
RUTABAGAS-S / so zoe bu.
SQUASH Delicious No. I. 4oa soc bu
Hubbard. No l so 75c bu.
TURNIPs No /. s5c ~ 81 bu. No. ?
soc
VEGETABLE OYSTERS No /. soa75
dob punches
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06

A REDUCTION in the dividend
of the American Telephone and
Telegraph Company is a reason
able certainty, according TO an
ANALYSIS in the Wall Street
Journal.
That is news of national I'M
portance!
Few realize that a. T. a. T
which controls between 80 and &c
per cent of the nations telephone
business. has a Enthusiastically sue
cessful record of increased earn
ingS.
Since 1876. when its predecessor
company started TO make diStribu.
tions, the dividend rate on this
security has never been altered
except upwards. 1t is currently
paying SO a share annually.
Answer to A. T. e. T. earnings
for the next few years may be
found in the tax situation and
although the company is appar'
emily still far from the Saturatior
point for its services, the outlook
earnings-wise is slightly on tho
bearish side
Some $4,000 stockholders who
would normally share about S42,.
100000 each quarter. may take
some comfort from the fact that
the reduction in rate will probably
be comparatively mild.
MANY DETROIT concerns an
running into grief on government
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06

Stocks Cheapness
Their Only Virtue
In Present Market
BY b. c. FORBES

This historic Wall Street quip
dates from the hectic days OF
Commodore Vanderbilt, Daniel
Drew, Jay Cooke and other high
fliers:
There's nothing to recon-
mend stocks now except their
cheapness."
| was reminded of this while
talking the other day with
perhaps the most influential
banker-financier in America. He
confided that he isn't buying
II agree with what you have
been writing, that stocks are
low" he said. But there IL moth
Ing that can see In the picture
today or on the horizon to in
duce people to invest In stocks.
i thought stocks were unduly
low quite some time ago and
made rather extensive pur-
chases.
But they show me lOsses--as
you know. average quotations
today are about the lowest they
have ever been In the last four
years So, I am keeping cash In
the bank"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Detroit Produce

APPLEs-Mich hu., crates L s No !.
minimum unless otherwise stated
~ s5n2 Northern spys. 50 2j z 3j, far.
81 s512 Ben Davis. 1913. Steele Red.
- So 90. starks. <i75. Wash boxes
Delicious Fancy. SOS and SIS 81 25. Wine
Beautys Fancy SOS and SIS 1902.
BEANS FLORIDA bu hampers Black
Valentines 25H45 so. Bountifuls 50 25
Plentlfuls. 81 75g4. Wax, S..
.., BEoccoLl -, Texas pony crates 80
CABBAGE Texas l. A crates. Round
CABBAGE Texas, Los Angeles crates,
Round type Si90 ~ ? 10; half crates. Round
q 30. hair crates, Red Cabbage. 81 l5u
cARRoTs-Los Angeles crates. s-dor
lunches medium to large. some fair con
rs. Texas. Los Angeles crates. s-doz.
punches So 25; far. 50 1913
CAULfFLOWER Cauf pony crates Us
ana larger. 81 soI 10
tops Golden Heart is.l0s. Sl7j. fair
Si.25, Ks. 81 j0al IS. fair. 81. Is Pascal
2'a-Xs. Sl.S5 ordinary. 75oaSi. CaIi.
fornia ca. crates Pascal. SID
LETTUCE--Los Angeles crates. lceberg
type Ariz all sections. q and IS best
50 - 1850. far 20 generally good. IS
ordinary, 81 t0H27S. 6-doz, 50 % 80
LEAF LETTUCE Michigan Hothouse
ONIONS j0-b sacks 4. $ No Vel
lows So, 2-in and larger. 50 f0t2 so
20 500 2-tu. and larger. 81 $50 IS. fair
81 30 Idaho u :. No ! Sweet spanish
SO 75 Mexico Crystal White Wax. 81 80 u
a. Is
POTATOES i0O-lb sacks Idaho Rus
set Burbanks u s No. ] washed, 81 q
a34O. unwashed S3i5 1O-lb sacks
80 J., - SIC. Maine 4 $ No I. various va
rieties. iOO-lb sacks. 50 2Od 40. mostly
81 30H2 81. l5-lb paper sacks, SO y 81 = c
Michigan T. : No. / Russet Rurals, 81 2,
NJ. 4 = commercial 81 T5ul s. L. 3
80 I Chippewas, S2i0n215, Upper Pc
ninsula 1j-lh paper sacks $. No.
Green Mountains 3ii4c New stock
Florida bu crates u 3 No | Triumphs
~ sou ? So. fair 81 b size L. $. No. !
81 %
RAD1sHEs- pony crates. S3d
I325
SPINACH Texas bu hsskets savoy
S5c USl mostly qOc
sTRAWBERRfES- Florida 36-pint cratei
Missionarys ST172O poor 90 ordinary
condition. 81 50n2 IS
SWEET POTATOES Puerto Ricar
vans Louisiana bu. crates u. s. No. !
~ 500 20 Texas bu crates T. 8 No. I
~ 90 Tennessee. generally good quality
hu crates 81 coal 30 recondI toned. 8
~ -, M hampers 81 90 n hamper
Nancy Rails. 81 -.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Higher Cotton
Use Forecast

WASHINGTON, April 6.-Do-
mestic cotton consumption, which
reached a new high daily rate in
February. will advance to still
higher levels in the months i'm
mediately ahead the Department
of Agriculture has predicted.
For the remainder OF the season,
consumption will average close to
annual rate of 12.000,000 bales and
result in consumption for the sea-
son of almost II 100000 bales.
On the basis of present con-
sumption estimates-domestic con-
sumption plus exports-the United
States carryover of cotton on Au-
gust ] will be close TO 10.0O0.00
bales. compared with slightly more
than 100000 bales on Aug. /
Fl941.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
Blue Chips Shaky

Seasonally, the market usually
Says during the last three weeks
Of April. We now find the blue
chip stocks still rather Shaky
The rails have made a new low
for the year. The utilities con-
tinue weak. The war news Is
hardly bulliSh.
The need Of working capital
for tax reserves and inventories
Is causing some companies 10
Arcduce or omit dividends.
= But the market has certainly
held well i'm the face of pro-
longed bad news This fact and
the dullneSS. warrant hope that
a sold-out condition is develop
ING. The volume of short sales
considering the dullncSS and
thinness Of the market. is a
factor.
The "ScleCtivity Of the mar
kct rs becoming increasingly
significant a good many new
highs are being made. and the
now lows are partly utilities and
other preferred stocks. Some
low and medum-priced issues
are now on a full-capacity war
production basis. and see m
cheap.
Finally. the attitude Of Con-
gross toward the sales tax. and
toward the basis for regulating
war profits, seems 10 indicate
less radicaliSm.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
New Nat Bank
Brdn(h Opened

Banking facilities will be pro-
vided the workmen and war indus
tries in the northeast section of
the city with the opening next
Wednesday of new branch office
of the National Bank of Detroit
at Van Dyke avenue and Nine
Mile road.
The new bank building, which is
of Georgian architecture, has 10
tellers' cages, together with pro-
vision for the erection of eight
additional cages in the basement,
in the event of expansion.
Safe deposit facilities will be
available at the new office, and
parking accommodations have been
provided. for the convenience OF
customers.
George c. Greenup, formerly
manager of the banks Kercheval'
Mcclellan office, will be manager
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
MARKETS
M. S. Rukeyser
M. S. Rukeyser
Scores Postwar
Trade Programs

In order maintain national unity it important to keep
simple
patriotic groups agree the objective of licking the
Japanese, the and the FaSclSts.
But seeking premaurey TO inject controversial
hopper and effect
this divide, rather than 10 unite, Americans.
seeking ride their inerna
painting postwar
without independent nations. 1t seems
the table 10
trae producing the tools OF victory
special foreign trade adviser to
of the Agricultural Adjustment
Administration a this column reSents the attempts
of after the
under which the nation
has made
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06
New Grain
Sale for
Alcohol

WASHINGTON, April 6-The
department of agriculture had re-
ported today that Commodity
Credit Corporation had contracted
for the sale during the period end
ing April 30 of about 5,500,0OO
bushels of corn and 23S,000 bushels
of wheat 10 be processed into ethyl
alcohol. acetone or butyl alcohol.
Grain deliveries under these con-
tracts 10 date have amounted to
approximately 2,250,000 bushels.
Requirements for industrial alco-
hol have been increased greatly as
a result OF the war. This type of
alcohol is used in the manufacture
of smokeless powder and as a base
of solvents and other materials
essential in the war effort.
The use of grain conserves raw
sugar, as approximately the same
quantity of industrial alcohol can
be produced from 40 bushels of
grain as from one ton of raw
sugar.
Commodity Credit Corporation
had previously offered 10 make
available up TO 100000 bushels
of corn and wheat from govern
ment-owned stocks of grain for
conversion into industrial alcohol
To convert this volume of grain,
officials said, it would be necessary
for conveying and grinding grain
or utilize the facilities of high wine
distilleries in high-proof alcohol
production.
Prior 10 the corn and wheat
alcohol program now in operation.
the department co-operated with
the war department in production
of industrial alcohol and in Au-
gust, 1871. offered TO make corn
available for this purpose. Under
this program approximately 2,000,-
900 bushels Of corn have been
utilized.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-04-06

This writer is in receipt of
this communication. issued by an
old-established. leading broker
age firm to its clients:
I'VE have prepared a bulletin
naming and briefly describing
IL bargain stocks, which, on
the average, are selling below
the net current asset values ap-
plicable to them, after allowing
for any prior obligations. All are
dividend payers. Most Of these
stocks represent leading COM
panies I'm their field.
Their attractiveness, there
fore, Is not due solely to the fact
Of price being close to working
capital values, but also to their
records of earnings and divi-
dends."
Does this suggest that prog
resSive Wall Street houses have
decided that, like other firms,
companies, department stores,
etc, it isn't enough to lie back
and wait for customers but that
merchandising efforts must be
eXerted?