davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Profits Boosted
By DoehIer Die

CHICAGO. July Is. - Doehler
Die Casting Company reports for
the six months ended June 30 a
net profit Of .$434,413 after pro-
vision OF 1854 ,292 FOR federal
income and excess profits taxes,
equal 10 S146 share on the
297, lib shares.
This compares with a net profit
for the six months ended June 30,
1871. after providing $1.023. $40 for
federal income and excess profits
taxes. Of S699.141, equal to S2.49
a share on 2So,426 shares.
The 1912 federal normal income
and surtaxes were based on a 45
per cent rate and the excess profits
taxes were at a 90 per cent rate.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Recovery Noted
In Retail Lines

Following a two-week period OF
declining volume of retail distribu-
ton, reports in this area indicate
a slight recovery in most lines dur
ing the current week, says Dun &
Bradstreet, Inc.
In the principal business center
as we'll as in neighborhood shop
ping areas, sales OF department
stores ran from ! 10 5 per cent
ahead of last week. and about 5
per cent over a year ago.
The majority OF speciality shops
made gains of up to 5 per cent
over the previous week and con-
tinued TO hold margins over last
year ranging from 10 to 20 per
cent.
In mems clothing and furnish
ings stores featuring medium and
lower-priced merchandise volume
increased up 10 10 per cent ahead
of last week while sales in higher
priced lines were about even with
the previous week. AS compared
with last year larger gains were in
evidence.
Wholesale trade followed the
trend of retail business, although
the INCREASE was smaller as
against last week and on the basis
of dollar volume about equal 10
1871. Shipments for this season
remained heavy.
Collections are substantially
better than a year ago.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
BUSINESS
DETROfTsssh s9sTfMES
Lewis Haney
Lewis nancy
Shows Weakness
In Drive ON Initiation

important of weakness in the drive
initiation the OF powerful
which influence politically minded administration Every
groups influence initiation is
the discrimination their favor when cones to pce-Hng and
taxation.
What are the prices They the prices
products Where federal the lowest
lightly taxed incomes
those OF laborers and small farmers
leading against initiation have preached sacr
living have favored raising
proportion the living costs that sacrifice would
required idea Of farm parity has been
accepted by leading politicians and that farm prices high
enough the farmers such incomes as they had IN PERIOD
of great prosperity and peace.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Stocks Open
Quiet, Mixed

NEW YORK, July 25 (UP).-
Stocks opened narrowly irregular
today in quiet trading, Bonds were
mixed also, while cotton futures
gained -to-ld- points
or the first 80 stocks TO appear
on the tape. - were unchanged,
Z higher and 10 lower. Widest
net change was u point gain in
Eastman Kodak at 1891.
Among issues which opened I'M
changed were u. S. Steel, Con-
solidated Edison and Texas Com
pany.
Automobile issues were slightly
lower with Chrysler at sou off
q and General Motors 38% off n
Railroads generally were steady
to firm Chesapeake and Ohio
and Erie Preferred A registered
small gains. Oils were little
changed, and utilities steady 10
firm.
Small net gains were noted in
Corn Products United Aircraft,
Detroit Edison. Union Carbide and
Loew's. Losses Of small fractions
were registered in Woolworth.
Phelps Dodge. Commonwealth Edi-
son. Atlantic Coast Line and Rey-
nOldS Tobacco r.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Could Discourage Much Patriotic Copy

Secretary Morgenthaus formulation OF principles OF
advertising interpreted literally the rules will tend to DIS
which is Of the utmost patriotic
advertising for and advertising to induce
citizens bonds These types of advertising DO not MI
being related 10 the sale OF goods now
later setting up standards for determining whether adve
deductbe for enterprise IN COM
putting taxable the treasury proposed tests and
specifications.
purely patriotic advertising which should be
corporations especially those 100 per cent wal
civilians should also develop good
particular enterprises and trade marks The treasury
phrase the title for brochure the subject pup
should sell the business
product Moreover of the fact that the ee
enterprise system necessarily or less IN state OF
animation advertising during the war should
attempt alive popular enthusiasm for the private
enterprise be fully restored after victory
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Leading Politicians Oppose Wage Legislation

The leading politicians have opposed wage eels,auon ms
prices Uncontrolled prices bring higher living costs
which makes wage sterilization impossible.
living idea been substituted for the idea OF
initiation and the political drive not against Initiation but
the costoflvng index This Is an entirely naoe
quste OF initiation, and will lead 10 failure
living measured by relatively few prices and
is far from including all prices.
living" but retail prices These move
wholesale where initiation is first apparent
Of living indefinite and variable quantity which
accurately Canada limited 10 necessares
allows OF the living cost index
only TO aborers who do not get over S25 week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Business Men Advertise Scrap Shortage

Sensing the situation patriotic business men created vol
untary pool advertising result instead Of continuing to
for the American
salvage begun TO creech about the situ
for funds PROVIDED
leading industrial The contributing corpora
the patriotic ADVERTISEMENTS
The only selfish benefit symbolic Of the
that American industry desires always TO be socially
useful
addition American corporations have selfish stake in vic
fully Of the fact that the future
Of American rights and human privileges hinge on
the They know that there can
happiness prosperity rich under
Axis domination.
initial attention primarily the
need for and steel but also refers TO the neeo
for fats, tin waste paper and rubber
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25

Delaware, williams Reds, az inch mini
mum. fair condition. sl.soG2: Michigan
inch minimum, 81. rs Transparents. "a
minimum 81 ss.---i RI
CANTALoUPEs - Salmon Meats. Arr
zona, Phoenix district. Jumbo ais. h.50g
CARROTS California, Los Angeles
crates. 8 dog bchs. 1913
HONEYDEws - California jumbo SIS,
,;sSds,d q co snS ia. ,2 bun
dies OF doz stalks. 45c
LETTUCE California Los Angeles
crates, iceberg type, don. mostly IS. IS;
doz. mostly $3.50.
Texas yellow Bermudas. jumbos, 81 IS;
Crystal White wax, medium size. IS. 10
Baboeas, 3-inch and larger. sl.25; Mich
gan yeiows. medium size. sin1 rs. few
$3.50; whites, medium size, s2.25 Calf
fornia yellows. 3-inch and larger. $3.50
i.e5 Washington yellows. 3-inch and
larger, N.l0aI.25; Oklahoma whites. me-
PEAcHEs-Bu baskets. u. s. No. !,
Georgia ElbertAs.- 1h-inch minimum -
al BIS, few s3.35, few poorer s2.s5d2. 20
2-inch minimum. 81. rs n $40, mostly 70
q 3.4o; South Carolina Elbertas. = linen
minimum, 81 90: pinch minimum, 50 80
Arkansas Eibertas Pinch minimum, s.
Michigan early varieties, II Inch mini
mum, S1s5a1.75, poorer $50: 2-ineh
minimum. s2n225 eu crates Micnigsn
mum. So 2-inch minimum. s225.
PEAS-Colorado bu baskets. 81 asa 30.
POTAToES-100-lb, sacks, unwashed
New Jersey Cobblers. y. s. No. I. y2.15:
Maryland Cobblers, Y. s No. l, 81 IS.
Missouri Cobbers, fair 10 good quality.
many dirty. 81 I5u2.4O poorer low as
si.75; Kansas cobblers. generally good
quality, slightly dirty, 2.35T2 so; Tri-
umphs. fair quality, dirty S.75u2; hich-
gan Cobbers, best, 81 5On2 IS, small 70
medium size, 81 25n2 90: washed u. S.
No. /: Nebraska Reds. 81 rs; Idaho Tn
umphs. best. 81. some smaller. 1888; Mis-
souri, Cobblers, U. s. No. l. S235. Arksn-
sas Triumphs, u. 8. No. ]. So 75at.
SWEET PoTAToES-Alabsma bu. bsk.
Triumphs. q. ~ No. !, So.
MATOES-HOthouse s-lb. bask., me-
dunn size S1.iO: Missouri l2-qt. Climax
bssk.. mostly ripe, sl25; Michigan l2-qt.
Climax bask.. mostly ripe, No. Is. III. 90
nIs5; No. 2. sOcas1: s-qt. bask. No, Is.
75c: Ohio s-qt bask.. mostly ripe 100
sSc.
WATERMELoNs-Per melon: Georgia
Cannonbslis, IS 10. ave, 100 75c; Cuban
Queens, Is 10. ave, 37h q soc; 81 III. ave. !,
rs n soc: % 10. ave, 65ns0c; Thurmond
Grays, Is 10 ave. 35d37he; ~ 10. ave.
~ ss4Se 3e-ib. ave. scr soc Dude Creeks.
24-2s 10 ave, very few, 60n63c; hissis-
sippi Cuban Queens, rs 10, ave, ordinary
quality. 800 35c: 24-25 10. ave, $50 Toe
rs ID ave, s5u95c.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Earnings

Locse-whes Biscuit Company and its
subsidiaries for the six months ended June
30 report a net profit OF 1892 sos after
federal taxes etc. equal TO fi.25 a share
profit for the six months ended June 30.
1891 Of s7ie .sql. equal after dividend re-
auirements Of the 5 per cent preferred.
retired July /, 1871. 10 S.2l n common
share.
+. United states Playing Card Company snd
its subsidiaries for the six months ended
June 30 report a net profit Of $685.. SIS, or
% cents a share, against s5fs,73s or
Si.42 q share in the 1871 period.
National Tea Company for the - weeks
ended June Is reports a net profit OF ssh. :
f9f. after $40. 900 provision for federal
income taxes. or ? cents a share on the
common, against net profit Of Sss, $40.
or 10 cents on the common In the ~ weeks
ended Juns- 44ria4i
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Brokers Loans
Top Half Billion

J NEW YORK. July 25.-Loans 10
brokers and dealers in securities
by member banks in New York
City for the week ended July %
totaled S50400O0OO. an increase
ef-$2l QQn90 ever the previous
week and an increase of Sill 600
600 over the like week year ago.
Other loans for purchasing or
carrying securities amounted TO
Sl59. 100000. unchanged from the
preceding week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
MARKETS
M. S. Rukeyser
NJ. , NUktYsCT
Says 81 a Year Men
Deserve Pay Boost

Tn Tho Singing billions of dollars by the federal
governments there are strange inconsistencies.
overall prodiga spending custom ana preludlce
directions For example IN the race
c $4,000 spending program for the current fiscal year
still unpepared to the market rate
supervisory management.
circumstances III becomes Congress 10 use the dollar
the first place they
ing compliance with the law Secondly unwlingness 10 pay
the government could
moi attract topeh men competitive The dolara
cognzance fact results arrange
present 10
Of the high priced executives who remain
private rolls.
perjury amidst prodgay OF federal spend
appropriations for spreading messages through posters
crying Despite the urgent need for
scrap salvage committees cooperating with the War Production
appropriations for advertising the
proceeding eXpediouy attain results
wait for the tedious Of artistic creation by
he
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
BUTYL INCREASE OK'D

Meanwhile. WPB officials dis
closed that they had approved a
70,000-ton increase in the butyl
process for making synthetic rub
Der which is being used by Stand
ard Oil of New Jersey The in
crease. which will involve little
additional equipment beyond that
originally pl tanned for making
$4,000 tons OF the material is based
on a newly perfected process.
There was no indication as TO
what would be done with the adj
ditional 10000 tons which was in
excess Of the S00,000-ton program
previously approved by the WPB.
II could be used, however, by the
military il needed or il might go
into tires for essential driving.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Detroit Stocks

Sales High Low IL 90 Ch' ge
Gar Wood 100 ~ az ~ =
Hurd Lock 2sOO so As so .O5
UNLISTED
Jacobs Co 100 a. ~ ~ =
Dividends In the foregoing table are the
amounts declared NJ paid 80 far this Near'
unless otherwise noted. a-Itquidating diVt
dend bon sccuuuIa tions. ex-Ex-divdend
Autocar Company has declared
a dividend Of 50 cents on the new
common. payable August "a, 10
holders Of record August II. A
similar amount was paid May ..
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Farmers Market

| FHUlTS-Apples Duchess No. I, Si.25
fancy, s2.25 bu: No. /. n.Soaa: No 2,
u.Io9i75. Cherries. sweet, No. 1, $50
$50 l6-qt crate sour No. l. S7.75q3 az
o. crate. Currants, No. /. s4.5oa5 "a.
aq, erat. s0p aSes.s.rr,. no No o. g Is
mI z-qt. crate; No. 2. So. raspberries
red, No. l. S7d750 24-Qt. crate No. 2,
SO; olackberries, No. 1, AG45o 24-qt
LETTUCE AND SALAD GREENs-Head
lettuce. fancy, 81 bu; No. 1, sI.25Q1.75;
No. 2, 75c1s1; leaf lettuce No. l. 4Oa soc
ou Romano, No. l. 401ooc bu Escarole.
Mo- No. l. 80 sSgSOs 8, H s No No. %. zoe Endvs
VEGETABLE GREENs-collsrds, No 1.
40m Sc bu sorrel No. l. hQu A5c-hu
Spinach, No. l. 75cmSl bu; No. g. soc
turnips. No /. eo@7sc ou' mustard. No I,
chsrd. No. l. 509soc bu
| VEGETABLES (miscellaneous) -Aspara-
gus. No. /, s0c@si. rs doz. punches: No: 2.
bu. Wax beans. No. l. u@1.75 bu; No. 2,
75c. Flat green beans, No i. 75aeOc
bu; No. g. soc. Round green beans. No. /,
81 $50 bu; No. 2, 75c. Horsebesns. No. 1.
No. /. s2.5o bu. Beets. No. /. 3sa soc
dor. punches: beets, topped, No. 1. 75cd
Las bu. Broccoli, No. I, $262.50 bu.
Cabbage. fancy. none; No. 1. 5oae5c bu !;
lTt0 ChuOdkcs NO. IL SOtWti Ous curly eau
bsge, No. /, sI61.25 bu. Carrots. topped.
No. I, S1.25d1.75 bu: No. 2. 81: carrots.
No. ], 40 soc doz punches. Cauliflower.
No. l. N.75g223 bu; No. q Ngl.2s.
! 35 n 45c; No. q, l5425c. Celery cabbage.
No. /, LIS bu; No. 2, si.25 Sweet corn,
No. 1, q0c 81 5-doz. sack; No. 2. so 75c.
Cucumbers. fancy, S3m3.5o bu. No. /.
y2G2.50 bu dill. 40n soc dox bchs
Eggplant. peck basket, No--l, 81; kohl
rabi. No. 1, 60d75c doz. punches leeks..
mo. l. tldi25 don. punches onions, dry.
No. !, NH1.l0 50-lb. sack No. 2, so n soc
5o-lb. sack green. No /, go soc dot.
punches. parsley root. No J. 90 a soc don.
punches: peas. No. /. s2d750 bu; pep
pers, hot No. t0@ SOC peck basket
sweet. No. /, 5ode5c peck basket; Po-
tstoes. No. 1. H.3oai.7o hu No q
1854 s5c; rsdishes. red. fancy 75c don.
lunches No l. 45qs No. ?, t0c: long
white No. I. 5oG65c dor. bchs Ruta-
bsgas, No. !. sL25 bu: summer SQUASH,
No. I. 5oa75c halt-bushel; squash. Table
Queen No. /. Sl75 half,bushel. Italian
squash fancy. peck basket. 81 so: No I.
S1u1.25. No. 2, 75c peck basket. Toms-
toes. outdoor. No. /. sl.75T2; No. 2. 81 IS
ti-ih. basket dollhouse No. !. 2.75d3
No l. 50 u Use doz punches. fancy. 81 as
bu tnrnips. topped. No !, Use Isl.
EGGs-LarEs sl2ql2.5o oo-doz. case;
POULTRY " Live. hens. heavy breeds.
% ~ 26c 10 leghorns % Csc. broilers.
heavy 20 g3le; ieghorn. 74G2ec H.
CHICAGO
! CHICAGO. July ~ CfNs).-CHEEsE--
Twins. an "a 2iAc daisies, prints and
longhorns % y n 23css
RITTER lptS-i2 ant market
steady: extras. 90 score. acc. standards,
| % score cars. 3sN &C extra frsts. 81 score.
3sLhc hrsts SIS n ~ score, - y d37c. tpe-
eials. 90 score, 9sh n toc.
I EGGs-Receipts I3.445 eases: market
i steady: current receipts ale; fresh extra
nrs,s. 32h axe. fresh irsts. 32d 32he'
dirties 30c checks 2ehc.
LIVE POULTRY Market steady. nrm
turkeys i51 &c. hens. 7n27be. leghorn
hens. f2dlS sprinzers % n 25c. oroilers
n = 2sc roos'ers. i3Ht3hc. ducks. 100
17I4c geese i0G ioc
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Detroit Poultry

No quotations available Saturday. Fri.
DAYS prices follow Hens. average run.
go. leghorn hens. lbs. up ICE cocks,
loo 20 l2c rock sprngsrs he 10 7so
rock brotlers. ~ 10 4 lbs. 2fc; ieEhorn
broilsrs IA, lbs no. 22c hen turkeys.
22c tom turkeys isc
EGGs- Market Arm current receipts
Sc undergrsdss % = SOC.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Mixed Up With Radical Social Reforms

Finally, think that initiation will fail as long
is all mixed with radical social reforms Somebody
thinks that subsandard and ought to be
raised Somebody thinks that certain farm prices are below
parity ought be higher Somebody thinks all incomes
year ought be seized by the
the drive initiation becomes in part drive
becomes mixed with
radical social planning and drastic government regulation of
Such reforms will aiIhey divert attention from inla
ton itselfcy prevent the whoeheared cooperation OF all
proup
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Livestock Markets

CHICAGO. July - GNs) --HoGs-Rs-
e.ipts 1000 marks, ioc 20 2oe lower;
ssa5aif so. mediums. ,ii.aoei.so:
lights sisTit 7s light lights ti3751
1870 rackIng COWS. n3.Soait; pigs.
ckrrLE@Rcc.ip,s. 900, market steady.
Calves Recsipia. 400. market AteAdY-Beet
s,.ers-Choice $3.50 n 1880. medium. $40
81 IA -xnAtlinxA-&ln9 Is "a Butcher
cattle H.ifers. ss0it; cows. ssaii:
feeders seni275. s,ock.rs-steers. $40
GI3: cows and heifers. ssG17.
SHEEP=Rrce1pts, toUu; market steady;
lambs s1ta1t5o; common. r26it year
lngs, s1i .50m i725 ewes. - 5o1s23;
feeders. Sl2ni3.
EAST BUFFALn
EAST BUFFALO, ~. Y. July ~ CINs).
slow: weak 10 10 cents lower Good and
choice iso-230'Ibs.. SIS rs; similar weights.
SIS. 5oa15 80, few 1855 10000 lbs.
sif.75T IS as sows under $50 lbs, steady,
si3.5oT14. others slow. Extreme weights
downward 10 f13.
CATTLE Receipts. 200 general trad.
steiy covered southern steers. ti75o com
mon steers and heifers, sos strong
weight sausage bulls. including Canadians,
to Si2 freely. lighter averages, $3.50
ll.35; cutter and common cows Ss5Glo'
CALVES Receipts 200 vealer, mostly
steady occasional sales so cents higher.
Good and choice, SIS so. spartngiy. SIS.
common and medium, $40 5OTi450.
SHEEP Receipts. 400. spring lambs
slow weak 10 IS cents lower Good Of
ferings, $3.50 lbs. fat bucks included. fi4;
medium and lower grades. $3.50; sound
fat ewes $3.50 $50.
PITTSBURGH
PITTSBURGH. July Is (INs). CATTLE
Receipts. so; market steady. steers.
choice Si3-5oalI4- so medium -te-scod-
Sl2 50a13. so. common, siOdi2. heifers,
medium TO good. SIC. 50ni2. common,
Ss.23dl0: Gamers and cutters. Sa75as<
bulls, good 70 choice. Sii.23l II so: como
mon 10 medium, IS. 50nl 10
HoGs-ReeeIp,s. 100, market active:
10c lower: 1e0-1s0 lbs. si5gl5I5: isO-
200 lbs, si5.l5n1525. 200. 220 lbs, Si5.ls
n 1325; 220-20 lbs Si5T1525 25O-2p0
ms, i4e5di5. 2eo-350 lbs si423D
lte5: $50 lbs. sl3.75fiA75 roughs.
sHEEP--Receipts 200: rnarke, STEADY.
Choice lambs i35Onl45O. medium 10
good. tii. 5Oa - 50 common lambs, Seq
1880. ewes. s5H5.50. wsthers $50
625
CALVES Receipts. $50. market slow.
SOC lower Good to choice Sis 5On155n:
medium. Si2 5oHit oulls and common
Ssuil
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
ADDITIONAL REVENUE

Senator Byrd fD). Virginia. de-
clared that the $3.50, 000, 900
which could be collected annually
in advance under the 5 per cent
withholding levy should be viewed
as additional revenue from a
practical standpoint.
He contended that the House
passed tax bill calling for S6,27l,-
600. 900 in additional taxes and
containing the collection at source
tax, in reality must be viewed
as S7.25l 100000 tax bill"
Treasury experts explained that
under the plan the treasury would
collect an additional $4,000 900
in the 1913 fiscal year, $500
100000 additional in 1914. and
81. 500. 100000 more in l945 and
thprea fer
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
IT'S the American Way TO Get Results

is HI Of getting results
advertising has been handnaiden OF indus
try living standards far above world
Advertising addition selling goods and concepts recos
Importance and dignity OF the individual
Advertising based the art persuasion ana pays
to citizen think himself
In totataran countries regmented through
chnques the need for printed or oral
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
EMPLOYER BURDEN

Committee members questioned
the treasury experts closely on the
tremendous" additional bookkeep-
ing burden which the tax would
place on employers. Taft con-
tended that the $500 600 employ
ers who would have 10 make the
collections and turn them in TO
the treasury would be faced with
task infinitely more difficult
than social security payments"
Under the House passed provis-
ion the employer would deduct 5
per cent Of taxable income from,
the regular pay checks Of h~
employees and turn the money
ttiiAa-tt Il aattt.rr-t--eecry three
months. The deduction would be
made beginning Jan. /, 1913.
The money collected would be
credited against the amount OF
tax an individual would have TO
nav
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
Dividends
Sher,yin-W Williams Company

Sheryyin-Willi Company has
declared a dividend of rs cents on
the common. payable August IS. 10
holders of record July 81. A like
amount was paid May IS, last. On
Aug. Is, l941. the company paid
an extra OF Is cents in addition TO
the usual 75-cent payment.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-07-25
RUBBER SPECIALIST

Until recently, Newhall had
served as deputy director of pur-
chaSes on the War Production
Board. but in recent weeks he
has been specializing in rubber
Like Donald Nelson, Newhall
intended 10 be a teacher, instead
Of a business man. He actually
taught at a technical high school,
and spent five years teaching engi-
neering at Wentworth institute in
Boston.
He was settled down TO a career
q in which occasional raises of $50
a year were ahead Of him. One
day he was lunching with the head
of the purchasing department OF
the Hood Rubber Company, who
startled him by saying:
How would you like TO 80 10
Singapore
Newhall Immediately replied:
when do we start?
And soon arrangements were
made for him 10 spend two years
there as a buyer for the company
lie made plans 10 get rid Of his
home. and Mrs Newhall began
packing for their joint odyssey.
But they didn't get TO Singapore
BETTER JOB OPEN
After spending a few weeks at
the plant 10 learn rubber process
sing and grades. Newhall was in
formed that the machinery buyer
had suddenly quit, and that there
was a much more difficult job 10
I'll. InaSmuch as he had expert
cnce in buying machinery for the
Wentworth Institute, he was
asked 10 take this other job, with
the explanation that maybe he
could 60 20 Singapore later.
After various assignments, New
hall was approached by the foun-
II tt44rr-- company or1c day1 VINO
said
Il understand you are a black
smith"
After politely explaining that he
was an engineer. not a blacksmith,
Air. Ncwhal learned that the
kitchen sink in the Hood home
needed attention. ne. got the parts
and made the repairs himself.
OFFERED \ JOB
a few days later Hood asked
Ncwhall:
How would you like TO work
for me ."
Newhall. who had been in the
t-lH--44ff-titrty-- IF the company for TTaHy
months, Indicated that he thought
ne already was so doing. But Hood
explained that he wanted Nj
Ncwhall IN ms own office
Al first he did odd Jobs for the
boss Eventually he became trou-
bic shooter for the company study.
ing methods Of tire, mcrchandiSln
fne technique OF the shipping
Office and other pressing manage.
UeDt problems Ultimately he be.
came The active manager as cXccu.
frc vice president
in The spring ~ 1920 Hood sud
denly aid
II think I'll get out Of bust
ness
Ncwhau handling the matter
discussed various financing plan,
with investment bankers. bu
there was no meeting OF minds
Finally Hood said that b,
bought he would sell the assets
20 another company. and negoua
tiouS were opened WIth-the b +
Goodrich Company
- Aave1l As44ii- ee-fitf- trii-'t ifr r1-r0ir5r
lions and the contract Of sale wa,
signed two weeks before the Wal
Street panic Thus Hood had made
hIN satisfactory sale Just .n th'
rick ~ time
Before coming So Washington
in September 1871 as dcputl
director Of purtHasce tc bar
servcd as executive vice prc,den
u Talon Inc ~ Mc8dEJlo "a
The next article In this ,pcc.a
series VIII dcal WITH Merrill g.
Ncigs supervisor of trl building
OF vat planes. ana H r Talbot
IN charge Of WpB bureaus over
planes and rsdioJ