davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Auto
Graphs
Goodrich Official
Points Difference
in TubeIess Tires
BY SILER FREEMAN

James J. Newman, vice presi-
dent of the r. F. Goodrich Co,
writes to clear up some facts
about "tubeless tires" The
Goodrich Co. takes great deal
OF interest in tubelesS tires,
since il was one of the first 10
develop that type of tire.
Newman first states tn I
there are two different kinds of
tubeless tires, j. G., tires built 10
run without tubes, and ordinary
tires which can be made 10 run
without TUBES. The Goodrich
tubeless tire, he points out, is
built TO be run without tubes.
The Goodrich tire is designed
for heavy duty service and the
sidewalks are made Of extraordi-
nary thickness and stiffness to
be both bullet-sealIng and strong
enough not to be torn by shell
fragments.
Tires built 10 such specifica-
tiOns," continues Newman, ARE
impractical for passenger use,
because the extra rubber needed
Ia prevent air seepage would
actually be greater than that
required to build tube"
Newman adds that postwar
development may find way TO
adapt the same principle TO pas
Senger cars.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
zoo Million Loan
To West ghouse

PITTSBURGH. March 8. The
Westinghouse Electric e. Manu-
featuring Co. has arranged for a
5000 100000 credit, largest in the
company's history. 10 finance its
war production contracts. il was
announced here today by George
II. Butcher. president.
Butcher reported the company's
hoard Of directors had approved
the arrangement. which contem-
plates that approximately lao
banks viii make this amount Of
new working capital available 10
Westinghouse for the next three
years. In order 10 simplify the
handling of the transaction. the
Chase National Bank Of the City
OF New York. will act as clearing
agent for the entire bank group
Interest rate on the used portion
Of the credit will be 2l2 per cent
a year; on the unused portions the
company will pay one-quarter of
| per cent year.
Negotiation for the credit was
made under Regulation V. issued
by the board of governors of the
Federal Reserve System. which
permits designated government
agencies TO guarantee portions of
loans made by banks 10 finance
essential war work. A guarantee
of 70 per cent of the total $780,
600 600 credit for Westinghouse is
TO be given by the navy depart
ment through the Federal Reserve
Bank of New York.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
He Set the Price

"Not necessarily" same back
Evans. you'll recall that when
YOU went over the books, you
told my auditor Of certain minor
charges In overhead that were
being made against the contract.
You didn't feel that they were
entirely justified. Well. we de-
cided to take your word for u
and eliminated those charges on
the second contract.
"Now doesn't that prove that
We were trying TO be fair: Actu-
ally YOU set your own price"
Evans concluded.
BY now Coyle's grin was
proad.
by George, maybe you've got
omething there. Forget u. How
any motors do you want ."
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Paper Production
Climbs Over 90 Pct.

NEW YORK. March 8 Paper
production in the week ended
February ~ was 900 per cent of
capacity. compared with SS.3 per
cent in the preceding week and
l04i "a per cent in the week ended
Feb. y, 1912. according TO Ameri-
can Paper and Pulp Association
index Of mill activity. PapeEboard
production during the week was
equal 10 "a per cent Of capacity,
compared with 81 per cent IN the
preceding week.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Feel Nation Approaching Peak Of Requirements

As matter OF fact some industrial managers OF the
the approaching
standpoint the peak Of
In the provision should be made for the
needs of agriculture Certainly the production
foodStuns is basic the whole effort
The food and materials
victory which will be bought and paid for this calendar
will of be somewhat becouded by the Dol
Of fuctuang purchasing yaTdStcks
for measuring physical quantities
Likewise Impressions distorted
somewhat by reliance conventional national income figures
which academic
figures accepted literally the residue OF goods and
available civilian will doubtless less than
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
1943lodn Rates
.0nBdr|eyHigher

WASHINGTON, March 8 CUP)
The Commodity Credit Corp.
today announced l943 loan rates
on barley at Is 10 20 cents a
bushel above 1912 and on grain
sorghums at % to 81 cents above
last year.
The 1913 loan rates on barley
on farms in all states except Cali
fornia. Idaho, Oregon and WASH
ington are: No. !, Is cents; No. 2,
% cents; No. 3. 70 cents; No. 4. 81
cents; No ), ID cents. Tit rates in
California, Idaho, Oregon and
Washington will be- 5 cents a
hushel higher on each grade.
Loan rates on grain sorghums
stored on all farms in all states
except Arizona and California will
be: No. 2 or better, IS cents per
56-pound bushel: No. 3, so cents;
Ne. 10 cents. Rates for Arizona
and California will be ) cents
higher on each grade.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Some Agencies Overstate Needs by 20 Pct.

Some ndustrisls the that the public agencies
ndusys cumulative needs for One
feels that such tend needs
20
Moreover In far flung industrial operations needs
Identical all plants while needing plants
has actually closed operations another
Sometimes the needs OF the big the
specific items filled. Another limitation ability 10
ploy the availability OF materials and
cessed parts.
Some employers embarrassed when mechanics
and others apply the employment office in
generalized publicity Apparently despite the
employer need Of all of additional workers all times
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Rocketnq Of Government Cost Is Inevitable

In through up the right
buy and their choosing takes
additional Many Of the de-
sirabe, but o permit
choose whether not take them and for them In war
Skyrocketing OF the of inevitable
Public spending what will take beat
There should effort manpower,
tools 5
rhce supply Of available promptly
the places needed inevitable baloonng Of
for all of should seek
through cuTtailng the lls
normal peacetime ACTIVITIES Of government.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Canada Rails Load
65,170 Cars in Week

OTTAWA, March S.-Loadings
on Canadian railroads during the
week ended February II totaled
65,l70 cars, compared with 59462
in the previous week and 1858
for the like week last year. accord
ing to the dominion bureau Of
statistics. Loadings for the year
to February II totaled 521,2S4
cars against 545,l15 in the like
1912 period.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Build NyIon Tire

A new type Of nylon airplane
tire, 100 per cent stronger than
any previously built is an
nounced by the L. s Rubber Co
The new nylon tires are said 10
be more than twice as strong as
any made from rayon or cotton
fabric They are now in use on
the fighting fronts.
The Detroit plant Of L. s. Rub
Der began experimenting with
nylon in tires many months be-
fore Pearl Harbor. They were
tested on long bus runs and
proved successful.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Truck Ceilings Near

The National Auto Dealers
Association reports that a price
ceiling move on used trucks is
anticipated in the near future.
Whether ii will be accompanied
by rationing order is not
certain.
A used truck rationing order
was prepared last fall but held
up. The price ceiling order needs
only one signature to put it in
effect. il is rlmOred.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

the profit was fair and exceed
ingly narrow.
It'll tell you what I'll do. Mr..
CoyIe," he said, "if you think
you're being oyercharged, you
can drop In To my office any day
this week and you can 20 over
my books. You're about the best
accountant In the automobile In
dustry, aren't YOU"
Coyle admitted that he knew
thing or two about bookkeep-
ing
Well. then" commented
Evans. that ought TO solve the
problem"
Hanging up. Evans thought no
more about the matter. A few
days later, in walked Auditor
Coyle. ready 10 have a look-see
AT the Evans books.
After giving them a thorough
gong over. he left and when the
next contracts were let, Evans
again had the business.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Investment Firm
Reports Asset Gain

Investment Co OF America re-
ports that net asset value per
common share as of February %
with securities owned adjusted 10
market prices was S20.27 This
compares with 1887 per share on
January 81. last. and with Sl652
a share on Feb. %. 1912.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Livestock Markets

CHICAGO March uNs, HOGS Re
teipts Is 900 market 10 n SC higher Top
Si5. %. bulk. SIS. 75u i5. go heaVies SIS IS
u - 90 mediums 75st15.95 light
SIS SIS n rs 90: light lights $685. rs 10
sows, $50 Is, so; pigs, Sl3.50T l475
CATTLE Receipts. II 600 market 10 n
l5c higher. Calves. Receipts 500: steady
Beef steers Good and choice xl6T n 90
common and medium. Si2T16 yearngs
Sl2m II. Butchers. Heifers. SlITis. cows
500 IL bulls. Sil q 1870 calves. 50 "
II so. feeders. S10Q IA. sotckers, SllnI5
cows and heifers, S9Tl3 SO
SHEEP Receipts, 5 500 market steady
Medium Si6H 16. so. common. Sl4Uls
yearlinEs Si2. 50Ii4.60: feeders, Sltn
Is rs. ewes 81 ~ q so
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
20 Years Later

All that happened over 70
years ago but II wasn't so long
ago that Evans wanted 10 get
several Chevrolet motors for
some experimental work Down
ne trotted 10 sec the top man
Of Chevrolet their paths hadn't
crossed since that episode two
decades earlier.
Evans sent IN his name and
sat down 10 wait.
A friend of his walked out OF
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
M. S. Rukeyser
Balanced ManpOWer
Use Key To Victory

Production civilian goods organized
and intelligent handling of specific problems they
Assembly lines can't balyhoo
AT the moment is popular for bandwagon riders 10 talk
about the certainly balanced
OF available the key the whole
effort.
But be decided by ballyhoo by
verbal stereoypes
The needs OF industry dynamic and everchanging and
cannot long be through fixed formula matter how
plausible
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
SAGINAW Markets

SAGINAW. March (UP). - To-day :
paving prices to growers for beans.
Pea beans. $50. lite red kidneys IS:
dark red Kidneys IS; c.r.c yellow ewes.
81. IS; ere. light cranberres, IS; ere.
dark cranberries, s.
wheat, Si.4eHi.5i oats. SIN $50. rye.
II n zee. six-roVed barley. Si77di so
buckwheat. 81 G7Ff2 To- corn 93na5c
soybeans. 1i.ss.- lMichigan Bean Company
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

me, Mr.Coyle
The Chevrolet president looked
up with a trace Of grin and
said:
well. I still think we were
overcharged on that Grating
deal"
Evans recounted how he had
Jet Coyle go over the books.
"Ah, but on that second CON
tract. the prices were little
lower Coyle retorted. That
proves we were overcharged.
doesn't it,"
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

CoyieS office
and SAID with
a laugh
"Say. what's
MIR. COyle got
against you ."
Al Z h a I
m O m . n =,
Coyle : Secre-
tary uShered
him into the
private office
so deciding 10
take the bull
by the horns,
Evans asked
Have you
anything per
sonAl against
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

at the time
a n d a ! $ o
watchdog of
I he pu RS e
strin gS. He
c o m p lained
bitterly that
EV an s was
overcharging.
s m ewhat
perturbed at
he thought
of losing his
biggest GUS
toner, Evans
called Coyle
on the phone
and explained
carefully that
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Tells Need Of SimpIified Income Account

It's regettabe that in these critical times federal Off
caS haven't national bookkeeping tools with
What IS needed balance
and consolidated smpied the
activities OF all Such would
10 make policy decisions and
Al the simpli6cation audit the
and expenditures Of national and local would
the citizen better understanding of the OF
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Dividends

Ceca-Cola Co. has declared n
dividend of IS cents on the COM
mon. payable April /. to holders
of record March u.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Earnings

American Tee 60. repoVt for ZOE,
shows net profit Of SfO7 46S after axes
and $50 000 for contingencies equal 10
S3.s2 share On the Ss nr"ferred This
compares with net loss Of S65. 377 in 1871.
Coca Gotta Ga. and subsidiaries report for
1872 a net profit OF S23 267. 446 after fed
eral income snd excess profits taxes. etc.
Equal 10 X3.37 a share on the common.
This compares with net profit OF x2s. 90s, o.
374 or t67s common share in 1871.
Frank g. ShRttuck Co. and subsidiaries
report for 1912 = net profit of 1922 1913
after loss ~ S4se. 404 on sale Of real estate,
equal 20 So cents = share. against Sss2 O22
or II cents share In 1871.
American snuff Go. reports Tor ists n
net income ~ 81 22s 374, equal N 81 20 a
share on the common, against 81 37a, 935
or 81, 50 common share IN lSsl
McGraw-Hili Publishing Go. and sub
salaries preliminary report for the year
1912 shows net profit 81 81 OILS 07f. equal
TO N.T2 against Sl.ii6,3s7 or Sis6 a
share IN 1881.
TeNas Cuff sulphur Co. reports = net
profit ~ So. IT'S SIS after provision for
contingencies equal 10 50 "a = share This
compares with S9.0i5.7TS or 81 IS a snare
IN 1871
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Foreign Exchange

Safeway stores, Inc, declares
the regular quarterly dividend of
Is cents on the common, payable
April ], 10 holders Of record March
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

Universal Pictures Co. Inc. has
declared a dividend of 81 on the
s per cent lst preferred, payable
April l. 10 holders OF record March
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

Investment Go. OF America has
declared the regular quarterly div
idend of IS cents on the common.
payable April l, to holders of rec
ord March Is.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Sharp g. Dohme. Inc. decIar,

Sh"Ip a Dontnt' fnC., utCiaFes
a dividend of p cents on the COM
mon, payable March 81. to hold
ers OF record March 10 Two pay
ments were made last year. IS
cents in March and Is cents in
December.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
On the
Business
Front
BY WARD SCHULTZ
Financial Editor

II was back about 20 years
ago that Edward S. Evans, pres
ident of Evans Products Co, had
a contract with the Chevrolet
Motor Co. for Grating new cars
for rail shipment.
M. f. Coyle. now vice presi-
dent Of General Motors and head
of CheNr0let WAS chief auditor
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
l.. 8. starrett Go. has declared

II - ''"''''' NIV' N"N UF'TdTFU
a. dividend OF IS cents on the
common, payable March 30. TO
holders of record March Is. In
1912 the firm paid 80 cents each
in March, June and September
and Is cents December 30.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
Detroit Stocks

y
Dividends IN the iore going table are the
amounts declared or paid 40 FAR this year.
unless otherwise noted. a-Paid IN IstZ,
eH-EH-dlvIdend.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

Great Northern Payer COMPANY reports
FOR 1912 a net profit ~ 81 $50. SIS after
81 i2i 500 for federal income taxes equal
In 81 80 share This compares with
81 go 2si or e. 80 share in to4i. after
provision OF Si,3s1.sss Cos fsderh taxes
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
March Expected
ToSet New Mark
In Steel Plate

CLEVELAND. March g. Evolu-
ton OF the controlled materials
plan is proceeding and orders
bearing its numbers are increasing.
Considerable confusion continues
in making out orders under the
plan. expected 10 be clarified by
issuance Of regulation No. z and
revision of regulation No. !. says
Steel.
Steelmakers express satisfaction
with the plan as il develops, seeing
in its application a better balance
in bookings. avoidance of the I'M
wieldy backlogs formerly accumu-
lated and more efficient use Of
equipment and labor.
Plate mills are being called on
for increasingly large tonnage,
shipbuilding being the main factor.
with synthetic rubber and high
test gasoline plants adding mate
rally. March is expected TO set a
new record in plate production.
TIGHT DELIVERIES
Deliveries are Tightening, espe-
cially in bars. large rounds and
flats being promised no sooner
than three months. some makers
offering nothing before third quar-
ter. Small rounds in general are
promised in seven TO nine weeks.
with some makers lettering this
slightly. Cold-drawn bars are
offered for late May or June AT
best. Alloy bars are even more
extended. In the latter class direc-
tiveS control most tonnage.
Pig iron distribution continues
TO meet requirements and in some
cases consumer inventories are
slightly larger. Because Of the
tight situation several months ago
many meters have reduced the
number OF analysis formerly re-
CURED and are not returning TO
former practice az the situation
looSenS.
A New England consumer now
is taking only one analysis where
it's normal requirements were for
four. In many eases there is less
pressure for shipment OF delin-
Quent tonnage Makers Of machine
tool castings are ahead Of demand
and are limiting production some
what.
RATE HOLDS AT s9i, PCT.
For the third week steel produc-
ton was AT 99l7 per cent. with
slight expectation that this rate
VIII be bettered Pittsburgh went
up u point TO 90 per cent and
Chicago dropped y point 10 10l
Wheeling advanced point 10 81 Z
and Cincinnati | point 10 81.
Cleveland was off | point 10 92i2
per cent. Rates were unchanged
as follows: Buffalo 80: St. Louis.
81; eastern PENNSYLVANIA, 95
Birmingham. 100. Detroit. 81:
Youngstown. 81 New England. 80.
Continued decline in fabricated
steel production is shown i'm
statistics Of The American lnSti-
tute Of Steel Construction. Book
lngs in January fell 10 1855 net
tons from 81 800 tons in December
In January. l942. bookings were
1873. 3S7 tons. Shipments in Janu-
AIRY were l05. 1863 tons. compared
with l45. 2S0 in December and
1867, 1853 tons in January. 1912.
Warehouse distributors of steel
expect better conditions following
restrictions on mill acceptance OF
small lots. believing this will pro-
vide larger business for them. A
new regulation is expected, basing
replacements on deliveries from
stock rather than the the present
quota plan. Restriction of con-
sumner inventory 10 so DAYS supply
IS expected 10 cause greater reli-
ance on warehouse stocks.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

ARC AND AcETYLENE WELDING
WELDING TRADE SCHOOL
WEST LAFAYETTE AT SIXTH CH. sTte
LEARN Modern barbering-Phons. wri.s.
Moier Barber College. $50 Michigan.
LEARN WELDING = ARC OR acct.
WHITFIELD scHooL-4<ts CD. RIVER
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08
coca.Cnl. 90. and .nh,idl,rI,. r,rort for
FranL q. shsttncL 90. ,nd ,uh,ldInrle


net income ~ 81 22s 374. equal IN 81 20 a
share on the common, against 81 37a. 933
or 81, 50 a common share IN lSs1
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-08

taught by professional
teachers linen. vomen-day. evening".
Detroit Engineering College, 2o30 Grams
River.
CONSULT the enlarged Real Estate list.
ings In the big Sunday Times Want Al
Section!
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
TOUGH NUT TO CRACK

This is proving TO be one OF the
hardest legislative nuts a congress
sional committee ever tried 10
crack.
The 20 per cent Withholding tax
would not be an increase in exist
inc taxes. 1t simply would be a
means OF collecting the present
basic income tax levy,
The subcommittee has not de-
cided the question of exemptions.
But the plan is to shape the eN-
emptionS so as TO collect, as far
as practicable. the basic 10 per
cent income tax rate and the 5
per cent victory tax.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
8 Million Army
Based on Need,
Senator Asserts

WASHINGTON, March 1 INS),
Senator Green CD of Rhode
Island declared today that the
joint staff plans for an army of
100000 men in 1913 have been
computed with greater accuracy
than any other manpower prob
lem.
Green's statement was made in
A report of a Senate appropria-
tons subcommittee which is study
ing the nations manpower require
mentS.
Green dashed out at former Pres
ident Hoover, who testified before
the subcommittee that if the
United States attempted too much
on the military side, the nation
might commit the fatal error of
.overstrain on the home front and
thus damage our effectiveness in
ultimate victory"
Green said Hoover made a sim
liar proposal during World War /,
in 1917.
eff the country had needed his
advice in 1917" said Green, ''it
would have lost the first world
war beyond peradventure of
doubt. All the evidence indi-
Gates that they will suffer de-
feat or stalemate IL they heed it
now"
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
Pdy-As-You-Go
Nedrs @. K. by
House Group

WASHINGTON, March ! lNS),
The House ways and means sub
committee working on pay-as-you-
60 income tax legislation was eN-
pected 10 approve today a 20 per
cent Withholding tax 10 be de-
Quoted from pay checks and enye-
lopeS.
y such a tax is approved. 1t VIII
be the first definite step toward d
pay-as-you-Co income tax plan.
1t probably will take the legisla-
tive drafting service several day
perhaps a week--to get the
Withholding provision into air-tieht
legal words. Meanwhile the sub
committee Will struggle with the
question Of what 20 do about the
1912 individual income tax labili-
ties
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01

may be called in the future are ex-
pected to pay the amount due.
AMOUNT OF EARNINGS
Q-My husband is in the USNR.
Please advise where to write for
information in regard to the
amount of his earnings while in
the service last year.-Mrs. j. J.
W., Wyandotte.
A-Contact the navy depart
ment.
Q-Is income tax computed from
the statement of earnings issued
to employees by employers Mrs.
]. B. B.
Ayes.
Only husband is in the army.
I went to know if my allotment is
taxable.-Mrs. E. S., Lansing.
A-No.
Q-Last spring my husband
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
Wayne Law Glasses
Beuin in New BUILDING

Glasses at Wayne University
law school today were resumed in
the schools new building at 5o63
Cass. after converting seven years
in the Commerce High School
building.
The move was made, Dean
Arthur Meet explained. to facili-
tate operations with other colleges
and 10 increase space. Glasses
were interrupted a week ago when
moving began.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
income Tax Answers
Giles kavanagh Lists
Mariners rs Exempt

The hardy lads of the merchant
marine, "unsung heroes" of the
war, don't need TO take second
place for any one these days-in
glory, medals or even income tax
For merchant mariners, says
Giles Kavanagh. collector of inter
nal revenue. are as eligible as
of any other military unit
serving over seas for deferred pay
ment of income tax.
"My husband" wrote Mrs. j.
b. O. 10 the Times Income Tax
Editor, sis i'm the merchant ma
rine. serving overseas. How do I
file his income taxi"
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-03-01
Million Dollar Damage
In Warehouse Fire

OAKLAND. Cal, March l
QNS) Officials of the Albers
Milling Co. today sought TO deter
mine cause of a fire which roared
the companys block long
warehouse on the waterfront last
night, causing damage estimated
at 100000.
Flames spread 10 large
.freighter alongside The warehouse.
but coast guard cutters 1owed II
into the stream and brought the
fire under control.