davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Motors, SteeIs
Lead Decline
In Stock Market

NEW YORK. June % GNS) -
The stock market was lower to-
day for the first time in over a
week
Losses ran 10 a point or more
in some cases and practically
every group on the list shared in
the decline. Many early losers,
however. cut most OF their decline
late in the session
Activity eenicred principally in
the aViationS, motors. SteelS, rail
roads, SteelS and tobaccoS and all
these groups moved into lower
ground. The air shares, strong
spots yesterday opened strong but
faltered as the session progressed.
Southern Pacific Montgomery
Ward American Car and Foun-
dry and u. S. Rubber were par
ticularly weak. dropping a point
or more AT their lows from yes
terday'S close Other leaders TO
follow the lower trend were
American Tclephon e Interna-
tional Telephone. General Elec-
trio. International II Harvester
Standard Brands AtchiSon Cen.
erai Motors. Bethlehem. l.. S
Steel and North American.
western Union and United Air
lines were among the few strong
spots moving about a point higher
after being off fractionally early
in the session WOolworth and
Sears Roebuck were up fractions.
The bond market was higher
with high grade rails leading tho
advance.
Curb issues were lower in mod
crate trading.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Look Into New Corporate Proxy Regulations

the immediate for the hearings TO look
proxy regulations which effect
jurisdiction corporate annual
reports The personal interest because
had tins direction unt coud
itself inquire into the situation.
Though defend rules extension OF
industry the congressional auditors took
different
Purcell who subsequently, been honored by being elevated INTO
mobilization Byrnes hierarchy undertook 10
the rules did extend the rights OF stock
holders but substituted SEC for existing state and federal
While extending rights, contended the rules
rLrfa oil
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Grains Display
in
Late Dealings

CHICAGO, June % GNS) -
Grains generally were under pres
sure and lower today.
Wheat closed nc 10 &C of
after dropping as much as &c
earlier. July finished nc off at
$l44a4 against a low of S1.44A.
Rye dropped ll.c before recov-
ering partially TO close 1c off.
Oats losed nc 10 q c off and
moderately above the low.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
2ontiac Dealers Here

y A. group OF Pontiac Motor
dealers from Cleveland and To-
ledo are in Pontiac today as
the guests OF Harry j. King
Ter. general manager. They VIII
tour the divisions war plants.
following a short business SeS-
sion.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Furniture Producers
Earnings Decline

CHICAGO. June % Average
wood household furniture manu-
facturer realized a net profit OF
81 ? per cent on sales in 1912 As
compared with ) per cent in 1911.
according 10 a study of 1912 oper-
ating results issued by the furni-
ture statistical department OF
Seidman a. Seidman. =
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Finish Pipe for Big Inch

NEW YORK, June 29-Produc-
tion of pipe for the worlds larg-
est oil line has been completed IN
record time al The Lorraine, O..
mills of National Tube Co. and
the last train load of the big
inch" has gone 10 its destination
along the route of the l.272-mile
petroleum line extending from
Texas eastward.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Commodity Prices
Again Slightly Lower

WASHINGTON. June 29-Gen-
eral level of wholesale commodity
prices was again slightly lower
last week, according 70 the index
compiled by National Fertilizer
Association. This index IN the
week ended June 26 declined TO
1850 from 1851 IN the preceding
week A month ago index was
1857. and year ago 1913, based
IN 1885 average as 100.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
FOREIGN Exchange
SAGINAW Markets

SAGINAW. June 20 (UP) -Todsy's pay
INK prices 20 growers for beans:
Pea beans, IS. 30 light red kidneys
IS so dark red kidneys. $3.50: ere
yellow eyes. SIS IS; ere light cranberries
SIS 40: ere dark cranberries. S.
Wheat, 81 i2d la oats. SO u Toe: rye
SO slc. sxi-rowed barley. 81 22I225,
buckwheat 81 81 a 3; corn, S.i3a1.i5
soybeanS. 81 SO.
prices furnished by Michigan Bean Co
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Public Servant Must Himself Submit TO Audit

As read the record OF the hearings am less impressed "h
with the
public above the and
1t important the future
Of reeStabish principle this
nation government than by That principle
demarcaon between representative and toataran
government.
periodic checking Of public officials help 10
they public petty tyrantS and
think Congress should laws with
10 bureaucTats
make additional Law al wi through ukaSe
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Baldwin Rubber
AGAIN Votes III Cts.

Baldwin Rubber Co. has de-
clared a dividend of l2l2 cents
~ the common, payable July Il
holders of record July 10 Same
amount was yaid in the preced-
ing quarters.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
50 Cents on Common
" Atlas Drop Forge

Atlas Drop Forge Co. has de-
AIRED a dividend of so cents on
1e common. payable July 10 10
,olders of record July Z. Previous
oymonts were 50 cents each on
rune Is and December Il, last
oar
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
WINNIPEG GRAIN
TOLEDO CASH GRAIN

TOLEDO, June 20 GNsI - Cash grain
on track
WHEAT--No. ? red 52aiS3
CORN-No. 2 yellow. Si061iO7. No. ;
yellow. Sl.O4G los.
OATS No. ? white ION Tic. No 3
white S. Toe
soYBEANs - No. yellow, Xi7Ol4 n
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Livestock Markets
LIVESTOCK MARkfIs

z T l. -Sala bic receipts, 300 all
classes a. very light Scattered
sales slaughter steers and hefers steady
but outlet stil very narrow Cows and
bulls steady 20 rs cents higher, stockers
and feeders steady. Part load medium
10 low good around 500 lbs. fed yearling
steers, Sl4. SIS, few good steers held at
SIS so. scattering common and medium
offerings Sl3m14 few head good beef
cows, T2 25 n u so, most beef cows $40 so
N ~ Gamers and cutters, S7H 1925 not
many Gamers below 81 so, good bulls. SI4
Wl425, mainly Si4: medium bulls Si2 30
n 3.I5; common down 20 Sill good 400
10, Southwest stock steer calves SIC:
medium 10 good 4l0-5O0-lb. stock heifers,
Sl4.75HI5; medium grades s9O-725-lb.
stock steers, si3. 3o1ii25, few 5O0-b.
dairy type stock heifers. s13
CALVES-Salabe receipts. $50: steady
10 50 cents higher. Good and choice veal.
ers. si6M is So mostly Si6. common and
medium. Sl2 80 n Is.
hogs 500. early bids 3Oc 10 35c
lower on butchers scaling $50 lbs up
ward best early bids by large interests
sl3 so on 20O-225-lb weights: sellers re-
sisting the full downturn.
SHEEP -Salable receipts. $50: all classes
In very hight supply; scattered sales about
STEADY. Few medium 10 good spring
lambs, Sl3. 5Om IA. scattering old crop
grassy shorn lambs. Ssnl2.5O, according
70 grade: nothing good offered. most shorn
slaughter ewes S.. 50h s. so. few culls.
sia so.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
New York Cotton

NIVtIhtF Nuk zU-Ez1 WVTNTHaTl 0FF0.
20.O7. nominal. Nov. 10 So nominal. Jan
10 50. nominal; Feb. 10. SO. nominal Aprt
10 50. nominal
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Antitrust Head
Sets Up Unit TO
Smash CarfeIs

WASHINGTON. June % fUP)
Assistant Atty Gen Tom G.
Clark, director of the justice de-
partmcnt antitrust division il
determined 10 smash every buSi-
ness cartel in order 10 provide
free enterprise in the postwar
world
The latest attack upon the car
tel system was made yesterday
when a New York City federal
grand jury indicted Rational Lead
Co, +. l. du Pontde NemourS 81
Co. Titan Co Inc. a subsidiary
of National lead, and four Of
their officers on charges of con-
spring with the major chemical
companies of the world To mo-
nopolize the manufacture OF III
.tanium compounds. maintain high
competitive prices, and divide
world markets.
simultaneously. Clark eStab-
liShed a new cartel section in his
division and named as its chief,
Herbert -Befman, former head
of the division office at Newark.
EXIGENCIES OF WAR
Because they view war as
an interlude." Clark said, ear
tells take advantage of the ext
gencies OF war to entrench
firmly their domination OF
world industry. Unless they are
prevented from strengthening
their grip on technology and
industry. II will be too little
and too late to nullify their ac-
tivities when victory is won.
Failure to eliminate cartel con-
troll OF the world economy may
well lose the peace. for IL they
will help create worldwide I'M
employment and foster postwar
depression"
Clark used the analogy OF a
gang of thieves who are rendered
ineffective when one member
} withdraws and the others get 10
fighting over his territory With
American business unfettered by
cartels, the competition that
would be possible in territories
formerly not open TO free trade.
would make ineffective any agree
ment reached by firms in foreign
lands.
Involved in the case covered by
yesterdays indictment was vital
substance in the manufacture or
I paints, glass and rubber. The
chemical inertness of titanium
when used in battleship point pro-
tects the coating against the ele-
ments.
. DECADES OLD
Although the industry is only
two decades old. over 100000 tons
of pure titanium dioxide. having
value exceeding S40000,00O. are
manufactured annually in this
country alone. National produces
so pr cent and Du Pont as per
cent of the total American output.
The world markets were divided
with such firms as /. G. Farben-
industrie, powerful German dye
trust; imperial Chemical Indus
tries of Great Britain. Monte
catini of Italy, and Kokusan
Kogyo Kaibushki Kaisha of Japan.
The American Chromium Co.
Baltimore, Md, and the Virginia
Chemical Co., South River, Va,
sought to break into the domestic
market for the compounds but
were threatened with patent in
Engagements suits and forced, the
indictment said, to agree to manu-
facture the compounds under
licenses which restricted them ia
5000 tons each year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
Earnings

. COsDEN PETReEft NJ CORP.
AND SUBSIDIARY
Fiscal year end. Apr. 80 1913 1882
Net proht 1925, 632 Si3s J94
'Per preferred share 81 $40 %
'On per cent $50 par preferred stock.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
CHICAGO CASH GRAIN

CHICAGO CASH GRAIN
CHICAGO, June 20 (INsJ ash grain
close
WHEET=Sone
ORR Sample yellow, Si.0iL
OATS-h1--l white extra heavy, 72C. 4
WINNIPEG GRAIN
WINNIPEG June % tiNsj Wheat
closed unchanged today oats and barley
unchanged and rye lzc 20 &C lower.
NHEAT-July. Sl.Olls October al02A .
| 02h December, Xl.O3G o.. bid
OATS-July, October. December. s4'.c, .
hid
RYE July. sshe. bid: October slnc,I
sold December, sl7sc sold
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30

Sales, including odd lots. 1887 shares.
Dividends IN the foregoing table are the
amounts declared or paid so far this year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
PII1~Bt RGH

PITTSBURGH, June 20 UNsJ-CAT-
TIE So fairly active. steers, good to
choice, si6.25a 10 rs. medium to good.
SIS. 50ml is; common. Sl2 50ml5 heifers
good TO choice, Sl6.25m 1913 medium 10
good. -Sl2. 50Ml4; common se@f IL COWS
good 10 choice. Sl2 III So medium to
good. $40 sou IL; Gamers and cutters.
80. 50n 10. so, bulls good 10 choice. Sl4H
IA 50; common TO medium, Si0nl2
HOGS-300; active and IS cents lower
160-is0 lbs, Sl3.75Sl4. 10000 lbs. Sl4
n IA 10; 2O0-220 lbs. S14nI4.l0; 25O-2e0
lbs, s13. 75G 10. go; 2e0-350 lbs. sl3 so n
$l2 son 1928
SHEEP-500: steady Choice lambs.
clipped. SIS IS. medium 10 good clipped.
$3.50 IL. common lambs. clipped, SO so
clipped. S6ns
CALVES-loO; steady. Good 20 choice
$50 II; medium 10 good. Sl3Hl culls
and common. $50 10. so.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30

CHICAGO. June 2s GNs)-HoGs-
6ulk 3.5om13.70; heavies, SIS so n
1878; mediums. Sl3. go n Ii SO; lights,
Si3 sou 1878: light lights. Si3.25q 1850
packing sows, Si2.75H 1925: pigs. sl2 q
1918
CATTLE. OOO steady. Caves 500
steady Beef steers, choice, SIS. so II,
medium si4n 1850 yearlings. sl3H l6 so
butcher cattle. heifers. si2 n 16 so; cows,
xi01ls25. bulls. $li n IA so; calves, 50
Is so; feeders, Sl2Ni IS. stockers, steers.
Xi3HiS so: cows and heifers. S9Hli.
SHEEP 900. steady: lambs, sl4 n
1855 common, So 50H Il, sprineers,
Sl5His: yearlings Si3u "a, ewes, So, SO
Hs25: feeders 1891
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
NEW YORK. NEW HAVEN AND
HARTFORD RAILROAD

WII.SOS-JONES co.
Nine months ended May 81 1913 1912
Net profit S24l, 600 Si34 900
Per share earnings pic 81 SO
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-06-30
EAST BUFFALO

EAST BUFFALO. N. Y. June 20 GNsl
HOGs-l50 Market slow, unevenly 10 10
IS cents lower; good to choice 10000
lbs. averaging around 220 lbs, SLABS;
comparable weights trucked ms. Sl3.75M
- 90: few e0-i40 lbs, Si2a13, rough
sows 75aI3.i0
CATTLE-50 Holdovers approximately
200: steers and yearlinzs DUH. meaty
grassers 10 SIS; good TO steady strong
weight sausage bulls to Si4 lighter aver
ages downward TO sll so. cut to common
cows. S975Ili60: Gamers. SIS IS ne So
CALVES-5O. Veslers steady. Good TO
choice. largely $3.50
SHEEP--50 Good 10 choice spring
lambs. fat bucks included. quoted steady
al SIS.
The Wilmington morning star., 1943-02-01
What Books to Give

In connection with the Victory book cam
paign, through which it is hoped the armed
forces may acquire plenty of the kind of read
ing matter the men enjoy most, the Christian
Science Monitor wrote members of its staff
now on active duty asking them what the
boys want.
One reply summed it up in a few words
The men appreciate the same sort of books
you and I do and the ones we don't care to
read they don't either
There it is, simple as falling off log
These men who have given up their GUS
tomary pursuits to join the Army and Navy
and the Air Force are not different from the
rest of us. Their likes and dislikes are SUBJ
stantially like ours. Certainly their reading
habits the same
When it comes to selecting books from our
own shelves, therefore, it should be remen.
bered that the volumes we enjoyed most are
likely to be best appreciated by the boys to
whom we give them.
The Wilmington morning star., 1943-02-01
Wasteful Economy

North Carolina credit unions, which came
into existence among farmers but have spread
to industries and business establishments with
benefit to the members, view with justified
alarm the recommendation of the advisory
budget commission to withhold the money
heretofore appropriated for their auditing, ap-
proximating $780, and letting the unions pay
this cost by charging higher interest on their
loans or go without the service
Credit unions, as said, have been a boon
to members who may borrow from their own
joint capital at per cent interest, with their
loans secured by the endorsement of other
members and in the case of industrial and
business workers payments collected directly
from payrolls. The arrangement has worked
satisfactorily and has made it possible for
workers to escape prohibitive tribute to loan
sharks.
If the general assembly accepts the recon-
mendation of the budget commission there is
danger that conditions prevailing before credit
unions were established will return and work.
ers and farmers be again the prey of Shy
locks.
Wasteful economy would result from elimi-
nation of this appropriation for auditing credit
union books
The Wilmington morning star., 1943-02-01

men, that he will dispense with So
called "gestapo" methods by in
vestlgators assigned to break I'D
violations of rationinS restrictions
BARDEN LEADS FIGHT
Representatives Bard e n and
Clark responded quickly to the pro-
posal by Representative Rivers
mat group of his Southern col
Leagues join him in a conference
with Mr.. Brown and back him up
in demand that certain officials
with bureaucratic" tendencies be
removed from their posts.
The proposal was quickly relay.
ed through the House office 'b,1ild.
lngs. The result was that Mr.
Browns office was crowded when
Mr. Rivers and his colleagues
marched in to keep their appoint.
ment.
1t was meeting in which Meth.
er the OPA chief nor his CUES,
minced words. Mr.. Brown. who
apparently believes that ''burea,,.
cratic Washington" contributed te
his defeat by Republican Seaa.
tor Homer Ferguson let the con.
gressmerl know right away that he
was In complete syampathy with
them.
Representatives Clark and Bar.
den had picked Mr.. Strauss for
particular dissection, and the new
price czar has created for him.
self warm spot in their hearts for
moving Immediately to appoint
another Atlact' afeice head.
The Wilmington morning star., 1943-02-01
Rationing

AS the pinch of total war begins to really
hurt. the American people must expect that ra.
tioning will be extended and intensified When.
thing clearly in mind:
1t is not rationing which creates shortages.
1t is shortages that make rationing necessary.
The shortages are there of metals, OF
foodstuffs, of manpower, OF rubber, OF gaso-
line and fuel oils, of ships, of machine tools
and factory space and domestic transporta-
ton facilities and other things necessary to
the conduct of the war and the maintenance
of an efficient civilian economy.
There isn't enough to go around. Either
somebody must go without or everybody has
to share equitably with everybody else. The
first is anarchy every man for himself
and the selfish gluttonze while the weak and
the generous starve. The second, equitable
sharing is democracy.
Americans are thoroughly sold on the de-.
mocracy of military conscription. There is
great sacrifice to be made not only by the
individuals in uniform who brave death in bat
tle but also by their loved and loving ones
at home We decide by lot who shall make
that sacrifice. Nobody is left to feel that he
was sucker for sticking his neck out while
more selfish or thoughtless men stay at home
in easy, well-paid jobs.
There is no essential difference between this
and rationing
Voluntary restraint has not worked because
most families are unwilling to go without am
pie sugar, coffee, meat, gasoline, heat, recrea-
ton, canned goods, or other things, so long as
they have reason to believe that others are
enabled thereby to luxuriate Just as though
there were no war.
Voluntary rationing Of manpower has not
worked for the same reason. No man wants
to give up his accustomed work, his seniority,
to 60 into war work, unless sacrifice is to be
rationed democratically.
If everybody in an anarchy felt the same
way there would be the effect of a democracy
temporarily. But it still would be anarchy.
ready to fly apart.
Democracy-equality of privilege, equality Of
can way.
But it must be said that equality in ra.
tioning must spring from the rationeers. De.
mocracy cannot survive side by side with
the despotism they have practiced and are
still practicing.
The Wilmington morning star., 1943-02-01
The Literary Guidepost

view of political overlordship and
their venality. John was a huge
ignorant, dull creature who half
the time did not know or did not
care what he was taking his
bribes for, or why he did what
ainky Dink told him to do. He
Wes front man." cased in laven.
der tail coats and rainbow pants,
icud of manner and vain as we'll.
H'nky Dink was the silent kind,
almost snobbish. without close
friends and the sort who never
missed them. Between the TWO,
the first ward was in control; it
was a solid block of useable po.
ntlcal material which could be
end was delivered on order.
Those were the days of fake
franchises which were rushed
through the city council to be
sold to the utilities trust and the
proceeds split; the days of Yerkes,
who bought councilmen like bags
OF peanuts, of open gambling,
commercial horseracing, openly
protected vice and so on. They
tied directly onto the regime of
Capone and Netti, another and
more efficient version of the same
thing. Because this is no flash
rcok, the authors have docu.
mented their findings better than
most. But it reads easily
The Wilmington morning star., 1943-02-01
BY JOHN SELBY
LORDS OF THE LEVEE," BY
Lloyd Wendt and Herman Hogan
(BObbS-MerriIl: S3).

'LORDS OF THE LEVEE," Bv
Lloyd Wendt and Herman Hogan
(Bobbs-Merrill: $3).
You may have heard at some
time or other that Chicago was
a political cesspool. If you'd like
evidence that this was true
at least from the early 'nineties
through 1888, read Lords of the
Levee," by Lloyd Wendt and Her
mar Hogan. Even if you don t
care to be aroused, read it. 1t is
a great and juicy hunk of Aneri.
cana, raw, dripping with blood.
1t is the story Of Bathhouse John
Coughlin and Michael OIinky
Dlnk) Kenna, bosses of Chicago's S
frs ward for decades, and it is
remarkable for a number OF rea-
sons. but chiefly because it shows
how recent the era of checkered
vests and big black cigars really
was, and because it establishes the
connecting point between that
Ella and our own. Most stories
about former bosses omit that last
they read as if those were the
good old days and they were
unique. Which is untrue, Messrs.
Wendt and Hogan try to show.
Almost the only points of simi.
iarlty between John the Bath and
H'nky Dink were their eye to eye
The Wilmington morning star., 1943-02-01
More Watchful Now

Beginning the first of January with the Vic
tory Tax, and the 18th of March with income
taxes, millions of Americans will get over
the idea that taxes are something that just
the other guy'' has to pay
This will be one of the best things that ever
happened to the country. Millions Of citizens
who never took an interest in government
before, will begin to watch the financial poll
cies of government to see that public money
is not wasted
Boondoggling political schemes will be less
popular as vote-getters.
The Wilmington morning star., 1943-02-01
2O-tO-1 Is Peanuts

Admiral Halsey expresses conviction that
one American is worth 20 Japs-in military
value of course, since the morals of men and
of animals are not comparable. That estimate
must have been made before the admiral
totaled up the score made by our submarines.
The Navy Department reports that American
subs have hit some $50 Jap ships and have
sunk at least 100 of them, with loss of five
of our underwater craft of which one was
destroyed at Cavite and another in collision.
The Wilmington morning star., 1943-02-01

food has been consumed. 1t is around, either
in hacked pantries or in warehouses of specu-
lators, or still in the cannerles.
Zone of the situations is the disappearance
of the pea pack. The pack in the past has
been between $4,000, 900 and 23,oOo,oOo cases.
This year the government said it wanted 12-
100000 cases. So the pack was upped to 3d.
100000 cases. Yet the supply of canned peas
has disappeared in sixty days"