davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

y II I
'Ra'fcd for Barrett N sixth
Psi'ed for Fleming IN ninth.
Chicago GOO nns 600
RrpokN N nOo lO2 lON ~
Runs Mcrul'o. Martin, Stsnky Nichol
son. CAvBrretta loWreN. GalAn Vaughan.
walker g. Camilu. Warner, Herman
Glossop 2 owen Macon Error Hack
Runs hated in-Owsn 2. Macon 2, Wsner,
Herman ;. Glossop ?, Camiln S'snky,
Nicholson, Lowry 2 Platt Hernandez
Two base hts DerrInEFr, Herrra ~ Mitchell
son. Home run g loss0p. Sacrifices
Vaughan, Wehher Double PLAYS Camill
n Vaughan IN CamDli. CsmilH Cunas-
sisted. LETT on bases Chicago :, Brook
lyn n Bases on halls on nerringer 2,
m Trm T. ~ Barrett 3. m Fleming ?.
NJ Macon 3. struck out BY DerrinEer
hy Fleming !. nv Wehber r Hits OF
1crrInEcr In 3 innings none out IN
fourthl, m Prime IN "a innings, of
Barrett 2 IN l u innings: on Fleming
4 m innings oN Macon @ In 5 innings
tnore out In sixth on Wehher I m 4
innings Hit nv pitcher Bv Fleming
Vaughan. Winning pitcher-MaCOn
I>osing pitcher Derrnssr.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
Major Leag que
Standings

Games behind leader.
SATURDAYS RFsILTS
NFTFOTT 6, Warrington ]
Cleveland : PhHadslphis
Boston a. Chicago. postponsf
New York A. 81. LOUIS postponed.
SUNDAYS CAMS
washington A. DETROIT ~.
ThHadslphia A. Cleveland t2l.
Poston al Chicago ~
New York a. e.. LOUIS ca.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

Jack r. and Eleanor Boyer, no
relation, from the same town.
Norman Latin and Pat Carroll
Of New York ran away with the
Junior pairs competition. Their
performance reSem Bile d more
senior competition than junior.
Second went to Jacob Den Blcyker
and Irene Crawford Of Paterson.
\. J.. and third TO John Haddad
and Ruth Schultz, ALSO of Pater-
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
HIGGINS GETS THREE

Pinky Higgins. who is battling
Vernon Stephens Of the Browns
for league batting honorS. con-
tinucd his heavy hitting by coll
lectng three blows, one OF them
A double. And Dick Wakefield.
Doc Cramer and Dixie Parsons
bagged two safetieS each. One OF
Wakclleld'S hits was mighty
triple 10 left center.
Merit lasted only one inning.
during which the Tigers punched
four OF their hits for a five-rIn
total. which was more than enough
10 win the ball game, subsequent
events proved. There was one
out when the attack was launched
on young Mertz. a youngster who
once worked for Paul Richards.
when the Tiger catcher managed
Atlanta.
The Spriehtly veteran. Cramer,
signaled the onslaught with n two
Dagger 10 center. Wakefield fol-
lowed with his three bagger, on
which Doc scored the initial nun.
Higgins then singled n center and
Dick scored. RadclIf flow out 20
Stan Spence IN center field, fol-
lowing which York walked At
this luncture came BioodV
homer, scoring higgins and York.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
Probable Pitchers
CAN Clubs Fiay Two Games
AMERICAN LEAGUE

Boston Judd. Ii and Chase o-31 At
Chicago tsmiih, IL, and wade, oil go
p m CWT
New YORK tDonald. 81. and Chandler.
7-Ot. At 81 Louis (NgEellnE, 10. and
GRlehouse I'D m CWT
Washington tCarrasuuel. 80. and Wynn
O.9i ~ Detroit tTrucks, 81, and over
mire 2of 80 m FWT
rhtadcpliA tFlores Al ard BLACK,
n.lt a. cleveland tNl.NAr oil, and Ken
needy, l-0I 80 r. m FWT.
NATIONAL LEAGUE
Chicago lice. 10. and Warneks, Oh -
BROOKLYN diEtie. il, ard Head, I'D
1.Of m FWT
C.nc.nnsu CNaIters. 2.l. and shoun
o.ol o. Rosfon ,Tobln. 2-l. and Jeftcoal
o-II 80 p. n ENr.
TftisturEN tElnrer 10 and Butcher
o.ri ~ Sew Nort ,rrnk.c. 2, and Nitrg,
.1' 3 m +.WT
s. ia.rs ,Gumhe-i -. and Krst o-ol
ar rh.sde'ph.a Grove 80 and Gerheau-
scr o-2a 800 2. M FWT
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
| eeion Schedule
81 NDAY


fkN games ~ J = ny
FsvndAle vs. Learned A. NorthweF'srr
No 4 Roose-Vsnker vs. Tsrnste1t ~ Belle
Isle No. S. Possel'us vs. Briggs A. Belle
Isle No. q PutenEer vs. Police - North.
western No s RushVsy vs.. Pssudry a.
Hautranck Stadium.
All postponed games will hs rsschsdulAd
later
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
NATIONAL LEAGUE
Bud Wright, Ex-Skdtc Champ, in Navy

Bud " no q "the little with
he big mo winning the state speed-skang
other hOnors
In the l. =. this week
He has wife and daughter.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

Runs Barrett. maynard. OF. Errors
f5ruhHrrt Fr=rtEur- Rttr hatteA IN
Elliott, Oreng0 OFT. Sacrifice hit Res
ciRno Double play Gordon n wick tn
Orengo Left m bases Pittsburgh s.
Ncw York Base m balls or Rescigno
I. struck out ~ ResCigno ; nv Melton
J. Hts or Melton IN innings, IN
Adams q in z innings. HI nv pitcher By
Rescigno tfurgrsI. Winning pttcner
Adams Inrires Rsrlick ard P'nslh
Time Attendance q 222 paid.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
THIRD FOR TROUT

Paul DIZZY Trout pitched tho
route for his third triumph Of the
year against only one defeat He
only five hits. three of
which came in one inning IN per-
nit the lone Washington marker.
On the other hand the Tigers
collected l3 hits, six Of which
were extra base whackS. inCMd-
ing a home run by Jimmy Blood
worth, the second Tiger homer
Of the season and the third eX-
plodcd in Briggs Stadium Rudy
York poled homer IN Chicago
and Ray Mack Of the Indians
and Pete Suder Of the AS also
delivered circuit drives here.
BioOdWOTth'S marathon smack
came IN the first inning off Jim
Merit, recruit right-hander who
started on the mound for the visi-
tors. BloodworthS drive hit IN
lower rim Of the upper deck in
the left field stands. bouncing
hack onto tho field. Higgins and
York were on the bases at the
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

NEW YORK. May * CUP) A.
Richmond Boo Morcom the
barefoot hoy from New Hamp-
shire. scored the first field triple
in IC4A track and field history
today with a ono-man performance
that dominated tho 67th annual
championships at Triborough Sta
dunn.
The slim, dark haired lad, D.
ycar-old father who enters the
army within two months. leaped 10
victory in the pole vault high
Jump and broad lump 10 capture
every event in which no competed
before a slim crowd of l,500,
ONE MAN TEAM
His performance ovcrshadowcd
tho double sprint victories Of
PrlncctonS Harvey Kelsey in the
100 and 22o. and tho Impressive
manner IN which Now York Uni
verSity rolled 10 the team title
with 81 points-16 more than sec
ond place Navy accumulated.
Morcom. the one-man track team
who completes with one shoe on
and the other off, won the pole
vault with li-foot leap, defeat
Ing Columhia's Warren Broemel.
He then cleared the high jump
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
3-Run Homer
By B|oodworth
Leads Attack
BY LEO MACDONELL

Blasting three pitchers in their
greatest show Of power thus far
this season, the Tigers crushed
the Washington Senators, 8 TO I =,
in the first Of a three-game series
at Briggs Stadium Saturday.
The eight runs were the most
the Tigers have scored in a game
this year. Six was the record be-
for this.
The victory. gained before fewer
than 1000 customers-l,662, and
l6l were service men - Vaulted
the Tigers past the Senators and
into third place in the standings.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

Totals 40 sN3i Totals as : 80 ~
KOne out when winning rim scored.
pifiShurEh oo0 100 O0n O0--l
New York 200 100 0O0 OF
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16
Detroit Juniors Win
Roller Skating Title
By MARGARET RUSSELL

Detroit today has the cream OF
titles in the national roller skating
championships in Arena Gardens.
Margaret Williams and Billy
Martin of the Detroit Figure Skat-
ing Club brought the house down
in winning the senior pairs title.
This is a comparatively new team.
They started skating together a
few months ago and have been
working hard since TO perfect their
routine.
The free skating program they
displayed was even better than
the one with which they won the
state title lust month ago. II
was passover axle list that
cinched the program Martin is Is
and waiting call 10 the armed
forces. Maggie is Ia and a ninth
grader AT Hutchins School.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

HIIAGf

Totals IS 10 - Totals IS "a q
Rated for Barrett N sixth
Pa''ed for Fleming In ninth.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-05-16

Totals % t2t 8 Totals 20 3 q JIG
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Steel Rate Up
To 981 Per Cent

NEW YORK July o2-Steel
ingot production in the nation
this week rose TO 9Si2 per cent of
capacity from 95ia per cent last
week. Iron Age reports Respon-
Sible for this gain is increase of
seven points 10 80 per cent in the
Pittsburgh district.
Plans for construction Of some
% defining plants throughout
the nation are reported To have
been revised. With additions
completed TO already existing
equipment. mainly plants in New
Jersey and in Pittsburgh and
Chicago Districts. the remainder
of the unfinished program, except
that scheduled for Birmingham.
is understood to be Cancelled
Factors are believed 10 include
reduction i'm tin coating on cans
and Improvement of tin supplies.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Froedtert Grain
To Redeem Stock

MILWAUKEE,. July % -Froed-
teri Gram and Mailing Co. eX-
poets 10 send it's stockholders a
notice Of the company'S intention
to redeem Us preferred stock on
Nov J. 1913. at the same time
checks for dividends payable July
81 arc mailed, according 10 kurtis
r. F.rocdtert chairman and presl-
dent
Steps 20 authorize redemption
Of outstanding cumulative partici-
pating convertible preferred stock
were taken at meeting Of direc-
tors here.
Redemption Of the preferred
vii be conditioned upon obtaining
funds from sale of a new issue Of
debcnturcs TO underwriters. Reg
iSrauon statements viii be filed
shortly with SEC.
AT present there arc 100, 700
shares Of preferred stock out
standing out of original iSSue Of
l40 600. The stock has par value
Of SIS per share and dividends
have been paid at rate Of Sl20
per share annually The stock IS
Callable az $50 per share.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Shdre-the-PIdnt
Movement Being
P|dnnedbyW

WASHINGTON. july - A
share the plant movement has
been launched by the War Pro-
duction Board to get maximum
arms output with minimum OF
new additional building IT is
part of a broad program designed
10 hold down further expansion Of
industrial factories and their
equipment while, at the same
time, seeing that all the army
navy requirements are met.
II means quick conversion 10 a
new war job for plants left idle
as a result of changing armament
needs and Cancelled contracts. II
also means switching machine
Tools from one plant 10 another,
even from one city 10 another.
Partly as a result Of this pro-
gram and the tremendous amount
of industrial construction already
completed. government financed
war plants are now being APP
proved al the rate of only about
$50. 600. 900 a month This com
pareS with an average of $1,000
900 month IN the first three
months this year.
Total IS nearing an iFreduclble
minimum Of somewhere between
81 900, 100000 and 1000 900 900
a wear
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Auto
Graphs
PEA Chief Charges
Rail Lobby PeriIs
Future Of Aviation
By SILER FREEMAN

C. Bedell Monro today t.
newed his feud with the rah-
roads. Speaking before the
AeronauticS Association of BoS-
ton the head Of the Pennsylvania
Central Airlines charged that
the rail lobby was weaving a
pattern of enroachmeni" that
threatens the future Of CONNER
cial aviation.
Al the same time, Monro
charged the roads, which had
previously Scotfed at aviation,
were now realizing its posi-
bllities and were attempting TO
capture the air transportation
future for their ends.
surface carriers have sud
denly become aroused to the
possibilities of air carrier trans
portation." he stated, land want
tn play in game they previ-
Ousiy considered either with in
difference or downright con-
tempt. Pressure groups have
started to influence pending
legislation, headed by the rail-
road lobby, one of the most
powerful I'm the nation"
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Costs Limit Spread

While a great enthusiast of
commercial aviation, Monro has
no illusions about how far it
can expand.
1T Is inevitable that there
will be a vast increase in pass
enger and express business Of
the airiines after the war" he
said. but within certain iimita-
tons"
MoRre listed one limitation as
differences in costs, such as air
express costing 90 cents per ton
mile against rail average of )
cents, freight average of one
cent? and motor carrier average
of two cents. This ratio will be
reduced, he added. but not
enough in the foFeseeab1e fu-
ture.'
Winding up his TRADE against
the roads. Monro said:
For the good Of the nation,
carriers should compete in their
own fields. Only in that way
can the nation attain the bal
anced systems which IL will re-
quire for the protection that
this war has shown vital to the
safety of the people"
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Gasoline
Demand
UpSharp1y

NEW YORK, July 22-Demand
for gasoline rose sharply last
week, probably IN reflection Of
military requirements.
Reversing the previous week s
trend. drafts were made on sup
plies of light and heavy fuel oils
in face of increased output.
Production of crude oil in the
July II week was the highest
since the early part OF 1912. The
OF industry increased its refinery
operations moderately as against
the July 10 week. and was proc
esSing almost 400 900 barrels
day more than in the correspond
ing week of 1912.
Withdrawals Of gasoline from
storage. nationwide. in the week
ended July IL were almost double
those IN the previous week and
amounted 10 l.16S,000 barrels.
The latter, IN conjunction with
production in the period of H.
1000 barrels, indicated a de-
mand closely approaching 1900
600 barrels, against less than
LOO 600 IN July 10 week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Superior Steel
To Net 100000

PITTSBURGH July 90 Net
profits of Superior Steel Corp for
the quarter ended June 30, last,
are expected 10 approach 100000
after all charges. including fed
eral income and excess profits
taxes as well as various re-
serves
This will be equivalent TO about
81 - 2 share on 1927 shares OF
capital stock outstanding In the
preceding three mon I his net
profits amounted 10 S15l0l4. or
S1.33 share and in the quarter
ended June 30. 1912 they were
IS122.07l. equal 10 S10S a share.
For the first half Of this year
net profits should be near $3.50
600. equivalent 10 better than 81
a share on the capital stock
compared with S2i3.S57. or 81 -
q share. in the corresponding
period Of 1912
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Employers Must
Insure Workers
Before July 80

LANSING, July % Every
Michigan employer OF eight or
more persons must carry work
mems compensation insurance by
July 30, Mrs. Betty w. Allie,
chairman Of the state compcnsa-
ton commission, warned today.
II IS expected several thousand
additional employees viii come I'M
der state jurisdiction as result
of the legislatures hboralized
compensation act which goes into
effect on that date
At present an estimated 10000
employers and 1.500,0O workers
are covered. Under the new act.
employers of farm labor or do
nestle help are not required 10
buy insurance. or carry their own,
but may do so,
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Mexico TO Issue
Defense Bonds

MEXICO CITY July PA
300 600, 600 peso bond issue by
Mexico was authorized as an anti
initiation step and to provide funds
for retirement of Mexican bonds
outstanding in United States. New
defense bonds" will carry inter-
est at S per cent and mature in
10 years
Officials explained loan will
help TO halt an inflationary trend
by absorbing surplus spending
money. They added bonds will pro-
vide government with resources
for acquiring from Bank of Mex
leo part of cash that has accumu-
lated in late months and permit
its use for acquisition Of Mexican
public and private obligations cir
culating in foreign countries.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Competent Management Can Make Contributions

Inefficient producers obigngy keep down the profit
while making the products which
Waeteuly and nefcently produced
hand competent management make
through handling
the through able synchronzaton Of and
power,
find and better ways of performing the days work.
The original mandatory clauses governing the inventory OF
OF management, and effect tended
machines who automatically sSteedafeerSand
aocaed them 10 SubconaCtor material suppcrS The
10 delay o aw
needlesslY initiate
and reduce the of
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Farmers Market

FRUIT Apples transpatenis No J
81 - bu No t2r Cherries sour
No s. ztQ' rate sweet no. ?. s.
So lb-qt crate Ret currauts No j.
So 2i-qt crate Hucsieoerries No T.
80 II 2i-qt crate Raspberries nlact
~. Nlo al - al ffai' TO No j..
~ p u lot. crais ~ bu
~ fIt-Ct All AiAp bFFs y
Head ieiince - - " 70 ear
I'r'N al ~ ta' 80. y eA' . - No &
:" . 300 tndINs No : - nu fsscs b.
roe. No ~ w Ha on. Romano NO. j.,
zoe = - ~ hl
NFGET ABLE IFFFNS -- e p z .
sfeens. No - 'or ha. coistds No
! 81 az hu kae No ~ on SORE.
No ~ 500 ~ hu s,std' 10
- 5oc IN SWISS r0srd No y
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Economic Situation

l. is generally expected that
the economic situation OF the
celluloSe industry IN Sweden
will be more difficult during
1913 The production of cellu-
lose fodder will probably fall off,
as the harvest Of hay has IN
creased IN the last two years.
A decrease IN the export OF
ar-trftt-taf <rffit f,ttif, rise ii+Fel4At--
With the present shortage OF
fats. oils, tars and similar ma
terials. the by-products Of the
pulp and cclluloSe industries
have sometimes become of more
importance than the main
product itself While il has been
suggested that production be-
confined 20 such factories as
have a high output Of these by
products tins has been pre-
vented because ~ technical
s.,e4.tsFa-
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
On the
Business
Front
BY WARD SCHULTZ
Times Financial Editor

The present war years viii
probably be known as the
"cellulose age of Sweden. This
was recently said by Costa Hall
Of the Swedish Cellulose Co. in
pointing out that many new
uses have been found for the
forest products of Sweden.
Cars and small boats are
being run by fuel generated by
the produccr-gaS system, cloth
ing consists of about 30 per
cent cellulose substance, cellu-
lose is being fed 10 cattle with
excellent results by being mixed
with the regular fodder; "eeilu-
lose-beef IA form OF aibumen
yeasD is being served in Swe-
dish restaurants. motor fuel and
lubricants are distilled from
wood. rubber Is being eH-
traCted from wood diapers,
blankets and bandages are be-
ing made from cellulose, and
even a brand Of Sweden'S favor
tie drink - aquaVlt -- rs being
made from an alcohol extracted
from wood
The inadequate imports OF
coal has put a heavy pressure
on SWedenS forests for fuel.
Around $4,000 men were en-
ployed in the forests in Dccem-
Der. 1912. as compared with
about 10000 IN the same month
in 1871.
Production however, has not
increased accordingly, partly be-
cause the most accessible sup
plies have already been cut. and
partly because food rationS in
Sweden are 50 small that even
with an increased allowance 10
heavy workers, IT IS increas-
Iingly difficult for the men 10
do the StrenuuS work IN the
forests
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Lost and Found


AIRDALE- Black and brown male: vicin-
1ty Webb. Wildemere, Reward. Town
send s-l554
CAT yellow, tan WIN tour stripes on
tail; answers Mickey, reward. 4lT2
Belytcere. INAnhoe f03S.
ENVELOPE containing cash. Tyler s-34s7
or Trinity 1900. Vicinity General
Motors
LADYS diamond Elgln wrist watch lost
Friday, Seward, Woodward. Euclid; sol
dier's KIT 70 mother. reward. Trinity
-6937
LOsT-Ladys rose. gold ring containing
two diamonds surrounded by 10 small
cah9chan--rgbJz.-.ln t IL. NJ CO
graved On inside liberal reward. Mr.. Jay.
Cadillac 971f
LosT-BroVn wallet shout $50 Wood
ward downtown. Reward. Miss Levine.
Glendale 2iS6.
LOST - Pomeranian dor. orange and
white childs pet Reward. olive 57so.
sc13 Curt 81
LOST--White English setter male. pet.
black markings Cash reward. Palmer.
1893 Washington road Niagara 0isS
WRIST wATCH-Black enamel. engraved
Mary Hoover - between Congress.
Grand Circus Park Monday Cherry 1900.
extension 2432
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
M. s. Rukeyser
M. s. Rukeyser
Business Contributes
To Cost Reduction

The attempt Of in. Of the companies
solely production for the
exercise business judgment III handling the inventory of
tera and emhnshed products help to reduce the total
Of the
At first the putting clauses into
which j mandatory for prime
tractors promptly the materials which would ultimately
be needed
The effect o delay utilization Of
some materials and TO initiate the Of the inventory the
hands of manufacturers
Ernest r. freect president Of BendM Aviation Corp and
former CM been developing technique
inventory with judgment that would
apply pcaccme market result of buying materials
the considered
when the bits would actually be needed the
assembly line Breech has peeded the ms inventory
a year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Electric
Use Sets
Record

NEW YORK. July % The cleo
trlcal energy distributed by the
electric light and power industry
OF the United States established
another new record in the week
ended July Il AT 4.lS4Ti3 600
kilowatt hours This compares
with 1865 1867 900 kilowatt hours
in the like 1912 week. an increase
Of ia per cent according 10 the
Edison Electric Institute
The previous high was cStab-
liShed during the week ended June
26 az l20O3S 900 kilowatt hours.
Output in The week ended July
10 totaled 1919 39S 900 kilowatt
hours. against 3 i2s $4,000 klo-
watt hours IN the similar 1912
period an increase Of l4.3 per
cent. and in the week ended July
2 came 10 4l10.7q3, 900 kilowatt
hours. against S3.i24 1873 900 kilo-
watt hours 3 year earlier. an m
crease of 20l per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
Postwar Reserves

The practice now followed Is
N run all such factories at 2
rate Of production that exceeds
the actual need Thus reserves
for postwar export are provided
AZ nc same time that tho de-
uand for wood.alCohol etc. rs
being met
The outlook for the rcSump-
tion of large-Scalc prc-war
export y considered very unccr-
tam chiefly because OF the m
crease IN production IN the
United States and Canada
II viii take quite some time
before production IN the war
stricken countries * resumed
however. and the need OF these
countries Will be great during
the period following the end of.
hoStilitIeS.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-07-22
=. %. Plans
TO Merge
; Units

PHILADELPHIA, July o2lAn
amended plan of Standard Oil Co.
of New Jersey 10 divest itself of
It's interest in stocks of five nat
ural gas companies by forming
new company. Consolidated Nat
ural Gas Co. exchanging its hold
lngS OF stocks in natural gas
companies for all stocks of Con
Solidated' and then distributing
shares Of Consolidated 10 its own
stockholders will shortly come
before SEC for action. The pro-
poSal was made TO the commission
by Consolidated
Hearings were completed on
July ID and the plan is now being
studied BY the staff of the public
utilities division. which will sub
mitS It's report 10 the commission.
Action by the commission by Sep
temher Is was requested by Con-
Solidated in making application in
order that transactions may be
conSummated and Standard Oil
distribute stock of Consolidated TO
its own stockholders before the
end Of this year.
Under the amended plan Con-
Solldated viii acquire from Stan
dard the stocks Of five natural
gas companies al actual cost 10
Standard as follows Hope Nat
ural Gas Co. SIS 9S6.0l7: East
Ohio Gas Co. S20.603. 149: Peoples
Natural Gas Co, $3.50, 1000. River
Gas Co, S750545. and New York
State Natural Gas Corp. SLOTS
OBJ. for a total Of Si6.054. 734.