davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
New Synthetic Rubber
Plant in Kentucky

WASHINGTON. Dec. 4.-Rub-
Der Reserve Company has made a
contract with the National Syn
thetic Rubber Corporation, owned
by five large independent rubber
companies. to operate new gov
ernment-owned synthetic rubber
plant 10 be built in Kentucky by
the Defense Plant Corporation.
Secretary Of Commerce Jones an
nounced. II is expected the plant
VIII be completed about June.
1913
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
French Civilians Blocked Troop Movement

The world witnessed this principle scale IN the late
1910 after the German break through Sedan
French civilians became pancky and houghey blocked the
highways interfering with the of their and
material
In financial affairs there have been periodic nterudes when
individuals balance and independent judgment and all seek
the time The history has been
recorded entitled Extraordinary Popular
Decisions Many years Bernard M told that this
influenced him than other that he had read
In days when Baruh active Spectator this volume
him the believe that his financial judgment Al
market turning points could be superior THAT Of the
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
CAUTIONS FARMERS

He cautioned that farmers could
not expect 10 get enough new ma
chlnery for maximum production
and mot even enough for replace
ments' during l943. but they could
expect good supply Of repair
parts. He urged pooling of ma
Chlnery as a solution
Wiekard said the American pub
lie no longer thinks their country
i a "bottomlcSS well OF food and
have reached a sympathetic awak-
ening 10 the farmers wartime
problems.
He promised his agency would
interfere As little e. possible IN
the execution Of wartime food
program.
But IN reservation orders or
rationing are necessary for food
commodities, Wickard said.
these orders should be put into
effect without delay. The his
tory of this war Is that the stu
ations grow worse instead OF
better"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Special Dividend
By Allied Products

Allied Products Corporation has
declared a special dividend Of 81 80
and the regular quarterly dividend
of % cents on The common. both
payable December "A. 10 holders Of
record December l.. Dividends for
the year total Si25. against 1925
in 1871.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
M. S. Rukeyser
M. S. Rukeyser
The American WAY
Is Not Mob Rule

people learns from its tragedies and mistakes
the holocaust Boston night club brings
porant lessons
beyond the obvious desrabiIy Of insisting
well provided with and
other protecting devices heaers.
incident brings important aspects Of human
reported that the revolving door
deadlocked pancy seeking make
the door opposite directions AT the lime
of weakened endangered when they
disciplined individuals emotional mob
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Stocks Exhibit
Signs, but
Rally Is Nipped
Market Generally
Manages TO Retain
Irregular Pattern
BY BROADAN WALL

International News service Financial Writer
NEW YORK. Dec. 4-The stock
market yesterday held to It's ir-
regular pattern. as late realizing
checked efforts TO rally the list.
However, plus signs were IN the
majority at the final bell. Sales
totaled 630.420 shares.
Highlights Of the days dealings
were the movements IN handful
of special issues. Postal Telegraph
preferred tumbled 27s points 10
15h. American Telephone dropped
la 10 1854. and other communl-
cation shares weakened in SYM
pathy. Selling reflected word that
House consideration Of the tele-
graph merger bill had been
blocked
CoCa-Cola was another weak
spot. dropping pa points 10 sf@s.
;ohns-Manville lost Ia 10 90
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Dividends
Observation-Disclosures

Addressograph-Multigrap Cor
poration has declared a dividend
of 25 cents, payable January 9 "a
holders Of record December "a
The same amount was paid Octo-
Der ID last.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Liquid CarbonIc Corporation has

declared the extra dividend of %
cents in addition TO the regular
quarterly dividend of % cents,
both payable January 4 to holders
of record December Il. Similar
extra was paid Jan. 5, 1882.
Date for annual stockholders
meeting has been set for Janu-
airy ID.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
NEW HIGHS SHOWN

Features on the upside included
new highs for Case and Interna-
tional Harvester, each up ! u new
1912 peaks for Montgomery Ward,
Celanese and Goodrich on frac-
tional advances. and extreme gains
OF a point or more for Westing-
house. Air Reduction. Santa Re,
Patino Mines and American Can.
Elsewhere fractional changes
we're the rule, As IN steels. motors.
coppers. aviations and oils.
Grains slipped fractions but
cotton moved up % to as cents a
bale.
Some OF the rails gained ground
in a narrow and irregular bond
list.
The London market reacted
moderately.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Dividend Passed
By Hearst Group
Special to TN DETROIT TINES

LOS ANGELES. Dec. AT a
meeting of the board of directors
of Hearst Consolidated Publica-
tons. Inc. held today. il was voted
not 10 pay the dividend normally
payable Dec IS. 1912, on the
Class a stock.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Detroit Poultry

Market hrm Hens over ibs pc un-
der. lbs 2Oc leghurn hens 3 Pos up.
IS cocks f4C. rock snrinEers 21c. rock
hrolers. up 90 "a lbs 29C ieEhorn spring
srf zoe non turkeys. SOC tom turkeys
ls he ID. sc. ducks. white. los. ~
zoe; geese, isc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Livestock Markets
DF T ROIr

DETROIT
CATTLE Receipts 200: outlet narrow
for all slaughter classes supply largely
COWS including quite a few held over from
late "Wednesday. No steers grading good
or better offered steers and heiters grad
ing medium and below on weak peddlinc
basis A. the recent downturn. cows open
ing steady with Wednesdays average
nothing done on bulls sprinking common
o. medium steers and heifers, xl0u II so /;
common dairy type heifers salable down
mon to good lat cows, 50 - ~ II 20. but
only odd heads above Sli cutter cows
~ IlWh Gamers, 81. 70 - . 20. few smelly
light Gamers down 20 $3.50, odd heads
good weiEhfy sausage bulls Did Sl2 80 !,
most bulls kinds Of value 70 sell from
Sf2 downward
CALVES Receipts 100: good and choice
vssiers steady a. mostly $3.50 comman
ana medium srsdes weak. mainly S5
Hoes Receipts $40. butchers. scaling
80 lbs upward. Sc higher other veight-
and classes steady. bulk $50 4O0-lh butch
heI0 around Sl3 20 bulk. ifo-l60-lb. ltsh'
lights Sl3 - 25 soWs. S3 10 Is.
SHEEP sSeceip's 1000: early sales
.'eadl good 70 eholc. native lambs SIS 80
suns held around SO miNc1 medium 20
good lambs scaling above 20 lbs Si4 50 y
la.25, MEDIUM hght lambs. down 10 SIS,
with Gull and common throwouts, $50
Il 30; slaughter ewes IS SO down.
CHICAGO
CHICAGO Dec. tfNS). HOGS Re
ceipts 26 900. market strong. lOc higher.
top tl3 so: bulk. Sl3 35gl35 SIS heaviss
Si3 400 10 so. mediums Si3 Is d13 IS.
lights. Si325ai345: light lights. Sl3
- IS packing sows, sl3 a i3. 90: pigs.
$I2di2 10
CATTLE Receipts. 900; market
steady. Calves Receipts 700: market
steady Beef steers Choice. SIS. 50 II.
medium. sl2I1 80: yeariings, si2als IS.
Butchers Heifers. STA Is. coks. S9T
II IS bulls si0di3 calves. Ssqi5 50,
feeders. 500 "a stockers: Steers $1,000
"a 1870 cows al hsfsrs sedl3
sHEEP-Re 2 900: steady. lambs.
$lf 81 % - 50; common, Si2u IA 81: year
mss Sl2Ii4 feeders. Si2 q Is 50, ewes
S517.25.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04

Bond Stores, Inc, has declared
the regular quarterly dividend Of
40 cents on the common. payable
December u 10 holders Of record
December IA, making years total
$3.50, against 81 in l94l.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Trend Of Sales

NEW YORK Dec 3-salss on the New
YORK stock Exchange today totaled $50 40
shares
Big board sales throughout the esy.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
EARNINGS

RuloNa Watch Company and suhsidiarics
for ne quarter ended sept 30 1872 reuor
nsi profit ~ Sass q6S after charges ard
provision n S325.0aS for federal income
taxes. equa. 10 81 IS share. against S5s1 o.
III or Sl.7a share M the September
quarter N the previous year and Sgq5 o32
or 81 81 share for the quarter ended
June 80, 1892.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
NEED MORE MILK

Wickard said the fighting
forces. our allies and domestic
groups, require total of Is
billion pounds more milk than
scheduled IN the 1913 goals, but
IT can't be produced
He stressed the Importance of
the farm price program through
which the government undertakes
10 support for two years after the
war price Of At least 90 per cent
of parity on products for which
war Increases were asked.
Under this program We will
see To IL that the price does not
fall below Sl3.25 per hundred
weight for the average OF good
and choice 24O-270 pound hogs,
Chicago basis" Wickard said.
Thus the nation uses the
powerful lever of price To lift
hog production up to the very
high goal Of Is per cent over the
record of 1892"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04

Wheeling and Lake Erie Railway for the
10 months ended Oc' 3l.-1gfg reports A
net income Of 81 Sic. 334. after taxes and
Charge equal. after dividend requirements
on the per cert prior lien stock and 81,
per cent preferred stock. 10 S4e2 share
on the common. This compares with net
income OF So OFT .oOl or So IS a common
share IN the first 10 months OF 1871.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Detroit Stocks

Dividends In the foregoing table are the
amounts declared or paid so far this year,
unless otherwise noted. calculating diyi-
dend. bon sceumulations, ex-Ex- dividend.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
VALUABLE TAX KIT

. Revised provisions in the new Tax
Law affecting capital gains and losses
are OF vital importance TO owners Of
securities. Our new 1912 Investors
Tax Kit explains these provisions and
points out how the investor can take
advantage OF the relief offered by the
new Tax Law Included in the Kit are
Survey Of the new Law and handy
Work Sheets.
Send NOW 10, toW COPY Of lapftoTI
a. TIA. ; -. -. "A 81. Z. L ,a.,,o.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
Says War Needs
To Take Is Pct.
Of Farm Output
Wiekard Discloses
l943 Food Goals
in Chicago Conference

CHICAGO. Dec. 4 (UP).-Secre-
tary Of Agriculture Claude r
said today that military
and lend-lease needs had increased
until they will take at least %
per cent of the 1913 farm pro-
duction.
Wickard discussed 1913 food
goals at a regional conference OF
federal agricultural agencies from
10 north central states.
"Our task grows larger month
by month";" Wickard said. This
year military and lend-lease
needs took about Is per cent of
our total food production. 4
month ago we figured that these
same needs would take 30 per
cent Of the 1913 output. Today.
the estimate Is up Ia at least
% per cent. That IL the way
the food needs Of our forces and
our allies grow"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-12-04
New York Cotton

n-Nontnal
Othsr months closed nom esl Februsr,.
ISL April 1882 1uns, is5g August.
rs So September, Is a..
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
! Aid Anti-Freeze Drive

Chrysler dealers are Joining
the campaign 10 conserve anti
freeze solutions for next win
ter, according TO Stewart w.
Munroe. general sales manager
Of the division. The dealers will
not only provide receptacles for
car owners but also storage
space for the salvaged anti
freeze.
because of Its rapid evapora-
ton, alcohol must be stored In
an alright container. but for
some anti-freeze fluids this n
not essential" said Munroe.
when placed In . container.
the extranooux matter in the
anti-froeze mixture has . tend
ency to settle to the bottom.
When the time comes to replace
IL In the radiator, II should be
dipped or poured out carefully.
Tho result viii be . nice, clean
fluid, with all Of its coId-resist-
ing properties retained.
obviously, without an APP
proved anti-freeze solution In
the radiator, the operation Of
car during tho winter IL impos-
sibIe In the greater part Of the
United States. Even In the far
south there may be occasional
days when . car would freeze
up with great damage to the
mechanism"
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Sounds Patriotic

From Washington have come
wild-eyed proposals regarding
limitation of profits and confis-
cation Of earnings. Secretary
Morgenthau long ago recon-
mended all profits on war con-
tracts in excess Of 6 per cent be
seized. Sounds delightfully."-
patriotic.
But another Washingtonian
possessing greater. practical ex-
perience and greater grasp Of
business realities. Under-Secre-
tary of War Robert p. Patterson.
has just publicly testified that
such a fine-sounding plan is
utterly impracticable. He points
out that some contractors. re-
quiring three years to finish a
job, would earn only 2 per cent
a year, whereas others earning
6 per cent on each job, would
earn excessive amounts.
He also emphasized that Il
would mean humiliation of a
vast number of small businesses.
Their Harvesting TO war produc-
ton is becoming recognized as
essential 10 maximum output.
In the latest year for which full
statistics are available (1939).
only two out of every five COM
panies earned penny of net
income.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Hudson Trains Women

One OF the first manufacture
ers TO establish war production
training schools for the CONVEX
sion of male automobile work.
ers 10 war production work, the
Hudson Motor Car Company is
again leading the way in assist
ing their women automobile
workers 10 prepare for war pro-
duction jobs that will release
skilled men for vital armament
work.
The first classes OF women
will complete their training
course soon in special schools
conducted by the company. and
three new classes will begin i'm
mediately. Under the plan. more
than 1000 women formerly do
ing work in the automobile
plants will be given an oppor-
tunity TO attend the schools
These new war service recruits
come from various divisions Of
the plants. such as upholstery
sewing. small parts assembly
and instrument panel assembly.
The school training will prepare
the women to read blueprints.
how TO handle and read preci-
sion instruments, micrometers.
caplipers. gauges. etc, and will
cover a review OF mathematics.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Hurts Incentive

Moreover. IL Secretary Nor
genthau's ill-considered sugges-
ton were adopted. there would
be no incentive whatsoever for
war contractors 10 keep down
costs. but the very opposite.
since the higher the bill, the
greater total profit received.
Extreme care must be taken.
in the national interest. not to
kill the goose that lays most of
the golden eggs gathered in by
the federal treasury.
This writer. while opposing a
sales tax in peace times. quite
some time ago urged that such
an impos be exhaustively
studied. He has now become
convinced, in view of the gov
ernment's astronomical expendi-
lures and deficits. that such a
levy will be found necessary.
Copyright. 1912, by b. c. Forbes
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Appoints Vice President Of Future EMPLOYMENT

One large national corporation has designated vice president
conduct
employees
private shelf deferred projects postwar employment
such effort emuaed by all the
the United States knowledge that American initiative and
alert the problems
much 10 hearten the American people.
Such movement wisely undertaken pubcized would
check the through
crisis might turn governmental activity
field
OF the No job government
produce the tools needed victory
this effort detach
gather data about products ideas penp
demands
orders that there will be shelf of for
labor employed after
has felt the planning thinking
and it behooves the private enterprise system likewise
Eager to the private enterprise system perpetuated Donald
M Nelson told to
companies nondefense clinics
arranged defense clinics"
His idea that leaders would keep going
making available of their research and their thinking
order help them read themselves
thinking movements
signed to help businessmen during
agencies could groups planning
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Auto
Graphs
Wayne Rafioners
Expected to Ease
Up on New Cars

There may be good news
within the next few days from
the Wayne County rationing
board for several hundred APP
plicants for new automobiles.
The board has started consider
alton of about $50 petitions
which have accumulated since
March 2. when car rationing
went into effect.
Applications considered so far
have been for emergency"
cases early. That is. eligible users
who have had their old cars
smashed beyond repair or who
have no cars and need one for
defense work. Of 427 applica-
tions under this category. only
"a were granted purchasing or
ders.
But the board is expected 10
ease up wherever possible 10 OBJ
tain the release of many more
cars this month. The quota is
about 1000 a month and the ra-
TONERS are convinced there will
be no great run on the supply.
or the $50 who have already
filed, a larger percentage than
heretofore are expected to be
successful
OF the cars sold prior 10 jan
uary / but not delivered. Wayne
board has released 755 out OF
1,2l0 applied for. The rest
are held in allegiance pending the
decision in Washington on the
William F. Golden test case,
brought by the Detroit Auto
Dealers Association. The Golden
application was denied by the
Wayne board and the decision
was upheld by Arthur II. Sarvis.
state administrator. II is now
in Washington.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24

BIRTHS

Jeanne Meilak. 1893 Bagiey.
Mary MoreNi 1920 Mack
Besttie McAndrew. sOis Wlldmere.
Louise Newman, s4i0 Burnett
Madeline o Grady, 1905 Dickerson
Mildred Priebe. 2oT00 California. 81. clsil
Shores
Lillian Robitaille. e25I GRAFTON
Margaret Pashkot, 3O9I5 Goddard, Romulus
Charlotte Seioert, 1925 Runyon.
Mildred Smith. 1887 Navy
Euphemia Salmon. $50 Gladstone
Moreen ssrkozy. 22523 Olmstead Dearborn
Louise Taylor. 5s7s Lsuderdsle
Marjorie Thorn pson. 206 Rosedsls
Marion Van Simaeys. 1855 MARLBOROUGH.
Mary Wei. 44S7 Canton.
Betty Nolty. ise5f Braille
Margaret Webster. 1890 West Outer Drive
Frances Wagner 1871 Strong
yulia Wioskovski. 1857 Fron;enae.
Dorothy Weinberg. 4047 Tyler.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Forbes
Privilege Of, Giving
Jobs Is Becoming
Increasingly Costly
BY Is. c. FORBES

The privilege of providing en-
ployment is becoming increas-
ingly costly.
General Motors last year paid
taxes TO the tune of 81 ,428 for
each of its workers. This con-
trasted with 1915 in 1910. S523
in 1899, $3.50 in 1893. For each
500 put into pay envelopes, it
paid sol in taxes last year.
against S42 the previous year,
S28 in 1889, S24 in 1897.
If everybody understood that
a growing number of bust
nesses and Of highest-paid execu-
tives hand over 10 the govern
ment anywhere from half to Is
per cent of their earnings, there
would be less carping criticism
directed against corporations
and those responsible for run
ming them. Also, investors
would receive more consideration
than they have received during
recent years from Washington.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Morrison Dodge Chief

r. r. Morrison has been made
works manager of the Dodge
plants.
The Dodge service record of
Morrison began in 1910. A good
deal of the ground work OF Nor
rison's familiarity with present
war conversion activities was
laid in 1917 when Dodge erected
and equipped an enormous plant
for the production of recoil
mechanisms for 155 millimeter
howitzers and for the manufac-
ture Of vital munitions compon-
ents.
After the World War. Morrison
was given charge of the Dodge
plants inspection department,
post from which he, in 1910.
stepped into the position of as
sistant works manager OF Dodge.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Air Lines
Earns $598,050

CHICAGO. March Painted
Air Lines Transport Corporation
had a net income in 1871 of $685.
050. equivalent 10 30 cents Der
share OF stock outstanding. as COM
pared with net of SITS, 462 in 1910,
which. however. included a special
and homecoming credit of $685.
235, according TO the company's
annual report released today by
w. A. Patterson, president.
An increase of 1877 per cent in
operating revenues of United for
l94l was offset by a gain of 1874
per cent in operating expenses and
taxes. the report shows.
War conditions contributed 10
increased operating costs. These
included training of new personnel
10 replace employees called 10 mill
tary duties. mostly passenger
service and traffic personnel:
taxes; increased cost of supplies:
supplemental communi ( ons
channels. and more weather analy-
sis expense. -
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Airline FIiers Sign Up

Thirteen captains and first Of
ficers of Pennsylvania Central
Airlines reported to the Army
Air Corps this week for assign
ment to duty with the Air Ferry
command, il was announced to-
day by President c. Bedell
Monro. For several months the
airline has been training new
personnel to replace those who
were expected to receive this
assignment, Monro said.
Two Of the pilots who re-
ported, Howard c. Ross and
Charles Rem. both Of Detroit,
had volunteered for the air
corps assignment for the dura-
ton. the remaining were army
reserve officers. Among them
we're Second Lieut.. Keith Can
tine. Second Lieut. L. Z. Mus
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
M. S. Rukeyser
M. S. Rukeyser
Industry Lacks
Plans for After War

Various bureaucratic planners Washington formulating
blueprints the
Some of the still tentative but those who
been intimate touch with the planners
underlying theme that spending will have play
large role in postwar economic activity
Thus the planners
ponabe federal public works for postwar period
The economic consuantS the
worried about the fiscal They that
difference how large the debt
TO themselves This might be little less faacous
Communist which
paed equally in the nations liabilities.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
Hit

Take General Motors: It's 1871
taxes equaled $3.50 per share,
whereas those who furnished it's
capital, its common stockhold-
ers. received dividends of only
S3.25. Last years taxes were
twice as heavy per share as in
1910, Az times as heavy as in
1898. It's total tax bill was
S424 ,S54. 900.
Chairman olds Of the Y. s.
Steel reports:
Total tax provision I'm 1941
was S181, 900. 900, or 124 per cent
more than in 1910. Ii Is to be
hoped that the ability of Ameri-
can industry fully to serve the
nation in this great emergency
be not weakened by restrictive
tax legislation"
Other examples OF taxes last
year: Bell System, 1888, 500 900;
Du Pont. Sl15,00O,0O0; Bethle-
hem Steel. S110.00O,000: CONSOLE
dated Edison, n. Y, SCI, 900, 900;
while the Texas corporation paid
S152, 900, 900, of which S120, 00O,-
900 represented taxes paid by
consumers on its products.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24
s. 0. Of Indiana
Boosts Profit

CHICAGO. March "a GNS).-
The Standard Oil Company Gndi-
anal and subsidiaries obtained
during 1871 net revenue equiva-
lent to S317 a share from all
branches of the petroleum indus
try. extending into 43 states. the
Chicago offices of the company
reported today.
Net earnings amounted to S4S,-
385, 966.70. The companies netted
81 20 a share in 1910.
Detroit evening times. (Detroit, Mich) 1921-1958, 1942-03-24

1t nevertheless significant that while colectvists busy
drawing their prospectus for the postwar system practitioners
OF the American thus far have made little the
OF coordnated effort look beyond the W.
OF the production board of the earliest
attention this need
1t reported that the National Association
over the last week held committee meeting discuss
OF dealing problems
Massachusetts Institute of Technology there
appraise the effect modern industrial technology
postwar DEVELOPMENTS.