The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1942-01-07
TRADE
WINDS"
Nv sCHNEIDER

NEW NOkh-President ROose-
welt says war program is on $50
900. 00o.o 900 annual rate; spells out
orders to monthly tune Of $4.-
900, 000, 900 Automobile out
put will continue despite drastic
rationing: rate of last week will
hold Civilian steel consumers
easing on pressure to buy; home
ware manufacturers fear produce
ton reduction /. +. Building per-
mits show marked decline Cut
in auto output hits glass indus
try output OF safety plate.
Cutlery quotas enlarged; makers
accepting orders up to March de-
livery Electric range models
being frozen; same goes for refrig-
orators Chinaware being
bought for April deliveries; Brit
ish offerings are in greater volume
than American =. Furniture de-
mand easing on part OF whole
salers, retailers and consumers,
tired OF delayed deliveries from
manufacturers.
Civilian shoe supply for 1912
ample with prices reasonable =.
Nylon hosiery will gain in popular
ity if prices hold or dip Dry
goods in demand by wholesalers
now that prices are set Fur
demand said to be good; why price
cuts in stores pushing sales?
Bright eolors will prevail for wom-
ems wear this year =. Food sales
in post-holiday lull Business
failures to increase Retail
trade dull.
BONDS-Bulk OF Pacific coast
funds from out of securities selling
going into defense bonds; excellent
idea Pennsylvania Railroad
cow deb 3%s of 1852 taken for
yield :. Traders active In Warner
Brothers Pictures deb IS OF 194s
Businessmans risk: Toledo.
st. Louis & Western LIST mtge As
of 1852 6. Jones & Laughlin Steel
LIST mtge 3&s of 1861 held for
yield /. . Traders active in North
ern Pacific ref & impv GA OF 2047.
Iowa Southern Utilities to offer
$4,000, 900 LIST mtge 3ias Of 1871
and $3.50. 900 of deb AUS OF 1871
>. New York Steam lst mtge
3iss of 1868 held for income :.
Crucible Steel deb 3%s Of 1855
amply priced; switch into defense
bonds Businessman's risk:
Southern Railway deb a gen As
, Of 1856 National Distillers to
offer S25, 900. 900 OF 15-year S. F.
debentures and 10000 500 par
preferred shares; to retire bank
loans and ga per cent debentures.
COMMODITIES - The congress
sional farm bloc will have TO give
in under the pressure of patriot
ism" during the period Of war
and agree to some form Of price
ceiling on all commodities &.
Winter wheat crop being dam
aged; there's a scarcity Of soft
red variety; Gov. Rather. Kansas
asks AAA not TO destroy volunteer
wheat crop OF 1000. 900 acres dur
ing period OF war.
Observation-Disclosures Lad
ies Garment Workers. union 10
purchase S25. 600. 900 worth Of de-
tense bonds by close Of June 30
.. Census bureau says army Of
5000. 900 can be raised out Of more
than $500 900 in 21-to-44 fight
ing-sge limits Nations food
industry says 1912 will see record
breaking production with plenty
FOR all.
Great Britain has received more
thar one million tons Of lease lend
American foods Gasoline taxes
totaled sl,335. 0o0. 900 in 1871: fed
era taxes totsled 1870. 900 900 and
various state foods 1856. 900 900
.. New York City people con-
sumo 1900 900 pounds Of food
daly; train OF 1850 cars and IS
miles long would be required 10
make haul There are more
than 1900. 900 radio receiving
sets in the country.
United States patent office
moved 10 Richmond. Virginia
Bureau Of standards, Washington.
owns and operates worlds largest
&-rsy machine Cotton spinners
operating At i2e per cent Of theo-
ret.esl capacity 80.