davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
New Mich.
Firms
Listed I'm

LANSING, Aug. IL (UP)-The
Michigan Corporation and Securi-
ties Commission announced today
that incorporation papers have
been filed by the following firms
The McBee Company, an Ohio
corporation, has been admitted 10
do business in Michigan with Of
fees in Detroit. The firm lists
100000 preferred and Sl.000,000
common stock.
Fourth Avenue Development
Co, 1880 w. Seven Mile road,
Detroit; Hardy Building Co, De-
troit, TO deal in real estate: $50
000=common stock
Goody Sandwich Shop. Inc,
1915 Griswold, Detroit; Thomas G..
karras, John l.. Politics and Mil
ford d. Chatlin, Detroit, TO oper-
ate restaurants. sandwich shops,
etc: $4,000 common stock
Grandwood Investment Co, S07
Hammond Bldg. Detroit; Myron
d. Stein. Detroit, TO deal in real
estate: $1,000 common stock.
New nonprofit corporations
Berrien County Council OF
Churches, Inc, Three Oaks; Ham
tramck Firemen'S Voluntary
Service Fund, 1923 Jos. Campau,
Hamtramck; and Waterfor d
Township Fire Fighters Associa-
ton, Pontiac.
The commission also announced
the following disSolutions
Cadsco. Inc, Detroit, $4,000
common stock.
A. d. Hughes Co, Wayland,
$4,000 common stock
Jackman-Muehl Detroit $780,
600 common stock.
Michigan Compensation Service,
Inc. Detroit, $4,000 common
stock.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
May Cut Profits

The recent move TO make sale
70 the Defense Plant Corp. re-
negotiable. poses problem IN
connection with reported earn
ings of S3.037 ,504 or S762 per
share for the 1912 fiscal year.
Whereas. the company has
completed its renegotiation with
respect TO the years profits
should the government under
take 10 90 back into the 1912
results and renegotiate sales 10
the DPC II could result in
some reduction in the foregoing
figures.
Despite the general slacken-
ing of demand for machine tools,
which have constituted a major
share of Ex-Cell-O's volume. the
corporation is believed 10 be
well buttressed with contracts
for the production Of precision
parts for airplaneS and other
war products. Consequently
volume may he expected TO hold
up well almost regardless Of
demand for machine tools.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Assumes Condition of Normal Free Market

The foregoing academic analysis strikes somewhat
condition normal market
civilians ratoned market
Accordingly canned goods butter and many
limited rather than by the
purchasing spendab income after paid
n pattern spending wartime is
further rendered abnormal by the dscontnuance the
automobiles and durable household comfort
goods such 5 electrical appliances.
IT, the theorists the general sales tax tends TO calm
demand products and which the
needs then that makes the sales tax desirable
pragmac view is that total warfare expensive and
undertake for larger ratio OF expendl-
of loans the sales is the
m untapped Certainly
bracket have the practical limit OF
DTO1
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Analyses Economic Effects Of General Sales T ak

analysis OF economic effects of federal general sales
College of City of New York economist
conSuan the United States points out in
the publication Taxes:
first approximation based absorption OF purchasing
sales conclude that most OF the
threequarters a
consumption
balance would reduction OF saving
Price resulting the shifting of general sales
penaze spending Inclination discouraged This
speBdings OF individuals
commitments fixed who have choice
their spending the
chasing power their incomes Is reduced -
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Drab Picture

For the latest SlN months.
however, a reserve is set up TO
care for renecotiatlon. not only
Of sales to the various agencies
covered by reneEotiatiOn last
year. but TO the Defense Plant
Corp. as well Considering these
b. facts il is evident that the COM
panys report showing S2.64 per
share for the first half of the
current fiscal YEAR against S5.l6
for the like period year ago,
may paint too drab a picture Of
the current earnings situation.
Against this adverse showing if
is notable that profit before
taxes and renegotiauon reserve
amounted 10 Sl3,567. l49 in the
first half OF the current year.
compared with SIS, 6SS,ll3 year
ago.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Flint Vacancies
AT RecordloW

FLINT. Aug. 11-Housing va
cancies are at a record low of IS
per cent, with indications point
ing 10 increased manpower needs
in war plants. creating a greater
demand for housing
The National Housing Agency
has authorized construction here
OF ITO new units. partly through
conversion and the rest new
dwellings
This raises the question Who
+, eligible 10 occupy such emer-
Ccncy dwellings
Robert Oliver. director 81 the
Flint war housing center. stated
that preference VIII be- extended
20 The Immigrant civilian war
workers and present Flint resi-
dents forced out OF their quarters
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Stock Prices
Move Higher

NEW YORK. Aug. II GNS)-
The buying that came into the
market after the first hour yes
terday continued this morning
and stocks were generally higher
at the opening. Gains ran TO a
point or more and trading was at
a fairly active pace.
AViations, strong spots yester-
day, again were the features.
American Air Lines added p to
the good gains of yesterday, while
Boeing, Consolidated Vultee and
United Air Lines were fractionally
higher.
Rubbers. farm equipments and
liquors had good support with
j. |. Case gaining point on its
first quotation u. s. Rubber and
Goodyear were each up u. West
ern Union, whose stockholders
yesterday approved merger plans
with Postal, opened up a major
fraction.
Opening prices: L. 6. Steel 537:
up d; ChrySler. 1914, off Il;
Radio 10. unchanged; Southern
Pacific 26la. up "a Southern
Railway 23ls. unchanged; New
York Central l6, unchanged:
Standard Oil OF New Jersey 557s,
up - Kennecott Copper 3li4
unchanged; General Motors. ex-
dividend, 81 II, unchanged: Nash
Kelvinator II. up Is; IT, S. Rub
Der Al up Il; North American
Co. 1864, unchanged; Montgom-
cry Ward Asa off IS Curtis
Publishing Co 7. unchanged; In
ternational Nickel 301s. up 4;
Ohio Oil 1884,, up n; Baltimore
and Ohio 67s, up a; .Studebaker
lll3s I'M l.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
M. S. Rukeyser
NJ. 5. Rukeyser
FaVOrS Sales TaX
To Tap High Wages

Demagogc opponents Of federal sales have argued them
selves bag.
Prior the they commended that the sales tax
Objectionable because tended to curtal consumption II that
assumption becomes argument for the sales
during total warfare when the
the ocaed naona gap and reduce capacity of civilians
competition with the war-making agencies of the
Much Of the academic discussion of the incidence of sales
reminds Of the medieval debate how angels could
the end OF a needle.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
u. 5. Steel Sales
in July

NEW YORK, Aug. 1l-Ship-
mentS of finished steel products
by United States Steel Corp. in
July amounted TO 1860, 1872 net
tons, an increase of l0S,099 tons
over June shipments of 1852 ,663
net tons and a decrease of l04 9S7
tons compared with the July
shipments last year of 1865, 7i9.
For the seven months ended
July 81 shipments totaled HOO
77S net tons against 12269 256
net tons in the first seven months
of 1912
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Hayes Mfg. Net
Up 10 S229,S25

Hayes Manufacturing Corp and
It's subsidiaries for the quarter
ended June 30 report a net profit
OF S229S25, after provision of
S9l9.2S6 for federal income and
excess profits taxes. equal 10 %
cents per common share. This
compares with S43.059. or ; cents
a share in the like 1912 period and
$50 $50, or 2 cents a share in the
three months ended March 81,
l943.
For the y months ended June
30 earnings totaled S450197. or 81
cents share as against S162 1913,
or 19 cents in the preceding year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Gar Wood Promotions

L. s. Wood, vice president in
charge of engineering, Gar
Wood Industries, Inc, today
announced the appointment Of
George D ShacfIcr TO the po-
Sition OF chief engineer Of Gar
Wood engineering departments.
Shaeffer previous TO his pres
ent assignment, was chief en-
gineer of the road machinery
division
A. {. Evans was promoted TO
chief engineer of the road ma
chinery division and l. G..
Moreau was assigned the duties
Of chief engineer of the hoist
and body division. J. T. Mona
han was placed in charge OF all
hydraulic engineering.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
org-Wdrner Lifts
Net 10 S4,665,477

Borg-Warner Corp and It's SUBJ
salaries for the SIX months ended
June 30 report a net profit OF
81 66o Az after provision of S25,-
SOC. 1853 for federal and Canadian
income and excess profits taxes.
equal 10 Sl99 a common share.
This compares with S3,9SG. $3.50 or
Sl.70 a share in the 1912 period
when taxes were Si3. 956.4li.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Entire Pack!
Order All Dried Fruits Sc
Aside for u. s.

WASHINGTON, Aug II CUP)
The War Food Administration
today ordered the entire 1854
season pack Of seven dried fruits
set aside for government pur-
chase.
The government VIII buy all
dried ralSlnS. prunes. apples, april
cots, peaches. pears and cuTrantS.
After military and lend-leaSe
needs arc met the remainder Of
the pack will be made available
10 civilians.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Republic Steel Corp.
BUYS Everhard Mia.

CLEVELAND. Aug. liver
hard Manufacturing Co OF Can
ton, O.. has been purchased by
Republic Steel Corp A large pro-
Queer of window screens and
storm windows, Everhard is now
engaged almost 100 per cent in
war work, making screens and
such other material as operating
tables. ordnance and ammunition
for army and navy.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Crude Oil Output
Reported Higher

NEW YORK, Aug. 11--Domes-
tic production of crude oil in the
week ended Aug. Z is estimated by
oil and Gas Journal at 4,20S,025
barrels daily. an increase Of sc $50
barrels daily over the preceding
week
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
United Air Line
Breaks Records

CHICAGO Aus. IL Revenue
passenger miles flown by United
AYR hines IN July shattered sH
records for the company COAST
forecast and Pacific Coast system.
according. 10 Harold Crazy. vice
president in charge Of traffic
Estimating July passenger miles
az 33625 100 the gain unlta-
noouS with substantial ircroa>es
in mail and express. represents an
s pcr cent increase over jane and
2 80 pr cent increase over thc
corresponding period a year ago
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
TITLE is ATTACHED

Title 10 the enterprises is at
tached TO the bill OF sale. After
the war Congress will authorize
resolutions 10 the previous owner
and mixed claims commission or
clearing house will effect the ex-
change of monetary compensation
between the United States and
the foreign countries involved.
Should pre-war G. erm a n
owner Of an American factory
enter a claim for the value of his
property, the commission will de-
mand payment of an equal claim
of pre-war American property
holder IN Germany.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Gas Sendout Here
Exceeds 1912 Week

The gas Sendout in the Detroit
district for the week ended Aug.
Z was 20.65i.000 cubic feet,
Michigan Consolidated Gas Co. re-
ported today This compares with
329, 5S5 900 cubic feet in the 1942
period.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Each Group Shifts Tax Burden TO Others

Although The emotional side group seeks shift The
burden others the truth that the cost OF
must be borne by those who productivity occupied Taxa
device shifting OF the fruits OF labor 10 the
The tendency resist the inevitable is
ren demonstrated the effort of workers to avoid the
Withholding through asking the
employer absorb increase.
If living instead OF in goods
economy might be feasible by through
technique But the total warfare
civilians goods order clear the decks for
diversion of current production 10 the government.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Convenient Form Of Pay-as-Y ou-Go Taxation

oil sales that il is convenient form OF
which will the large increases in war
numerically including workers
Thus the would be productive OF revenue and
perhaps less damage the unconng OF the economy
substitute additional taxes proposed.
But sales will reduce the capacity OF
tho to will transfer of the
purchasing the government If we followed
Church candor and realized that war spells
tears, would have less difficulty in facing
the ties
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
PIT T~Bl HGH
SAGINAW Markets

SAGINAW Aug II UPi Today's ray
ing prices 30 gruWcrS FOR beans
Pea beans 50 30 light rcd kidnel 81
50 SO. dark red kidneys. 50. So. CRC Hci
low eyes. S663: Gro Hight Craubetftes
s. 80. Gro dark crauberres - go
Wheat. Sl5qplsl, oats 7fU 75c. rye
qoc u 81 Of. six rowcd barley " y % . 20
buckwheat. <i97H2 corn, 1871 10
soybesns ~ So
Prices furnished nv Michigan Bean Co J
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Earnings

AMER. LOCOMOTIVE
Net H prot Profit Gnu ''"' ~ n.sis'ias 81 55,-7a2
Per TO pfd. share sl3. II s. -
ELECTRIC STORAGE BATTERY
mos end. June 30 iq43 1912
Net profit 81 .0i2 PAS 1882 Jq}
Per share Sill 81 O3
MADISON SQUARE GARDEN
Ns, profit $3.50. ia s355' 81.
Per share N,3s Ia
CHARLES y. HIRES 60.
Ss 9' p mo- END June 90 ,s e. $50 $50 s's
Per share 81 ~ ~ 20
AMER -H,wAn,N STEAMSHIP
SlN mos END June 80 1873 l'i2
Set profit 725.Gso Nl.ugs. sia
Per snare Sl7o - ~
ANFRICAN WOODEN
SIX mos END June 80 1888 ipf2
Net profit 81 2eO,f 3i 81 6jp tOi
Per preferred share Si2 rs 81 ~
BRIGGS a sTRATToS
Six mos end. June 30 1919 1912
Per share Sl.75 81 IS
PENNslINANIA SALT
Net profit 81 500 .Ssi Sli2i III
Share earnings $3.50 SO ~
WESTERN JNIOS
Six mos end June 80 1913 1912
Net income S3.Gip i22 81. sos Oia
Per share - as 50. 80
II mos end June 30
Net income 50 27s $50 S7.s25. 1855
Per share Sss7 81 70
BUCNRtS.ERtE 90.
NOS end, june 80 1919 1892
Net profit $3.50 SIS 1891 0si
Per common share SIC &c
COCA-COIA INTI CORP
Quarter end June 80, Meas 1872
Nff profit Akl LNir iHf - 80 IT,
PET common SHARE s'I2 S6'2i
Detrct cks
Nst
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Sarvis 10 Address Kiwanis

FLINT. Aug III ~ Arthur r.
SaHis.. former state director Of
tho Office of Price AdminiStra-
ton. Will address kiWanls club
A. noon tomorrow AT Hotel
Durant,
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Parker-Rust Votes
371( on Common

Parker Rust Proof Co. has de-
clared a dividend of 37ia cents on
the common, payable Sept. 10
holders of record Aug. 70. Sim
liar amount was paid June l.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Livestock Markets

CATTLE--600. Drylot steers and year
lings active. strong at Mondays advance
grsssers slow, few sales steady: cows dun
beef kinds about steady. Gamers and cut
ters weak, fully Csc lower for two days
bulls opening steady 10 25c bower; little
done on replacement cattle. good and
choice fed steers and yearlings. $3.50 10 rs.
four loads choice i037-1i35-lh weights
Sl6 . i6 % truck lot medium 20 good ga
10. weights, Sl47S; odd grass steers Si3 p
down common 20 good beef COWS. - 81
~ l. Gamers and cutters So 20 good
bulls, Sit25n 1850 me u n grades
Si2 sou "a. cutter and common. xl01 3
part load common 3i5-lb. stock steer
calves Sll.
CALVES steady. bulk good and
choice vealers SIS So odd head strictly
choice "a 81; common and medium largely
Sl2 so - 50
HOGS 500, bidding steady 70 10
cents lower. asking steady IN all weights
and classes best bids by large interests
sl4.75 on 200-225-lb. butchers
SHEEP 500. All classes ~~'t; good 70
choice native spring lambs. - sou ~ -
good grades Si3Hii. common Si2 ~
down shorn slaughter ewes. SiI 80 sc-
cording TO grads few breeding ewes, 5, 70 3.
PITTSBI HGH
PITTSBURGH. Aux 10 dNSi CATTLE
So steady steers good 60 choice A16a
1885, medium 10 good. SIS So l6 com
mon 20 medium. So. 81 u Is, hcifcrs. good
10 choice So - 80 medium o. good
Sl2 so Gif: common 10 medium Sgtfl2
cows, good 20 choice Sll nl2 medium go
good Si0H IL Gamers and cutters So ib
09 50. bulls good 10 choice, Slfplf 80
common and medium. sl3 Il. grass
steers NlT 1850.
HOGS-2OO. steady; i60-iS0 lbs 81 So
MS; 10000 lbs $50 Is 10 200'220 lbs
xl5Hl5.10. 220-25O lbs Sii 90 l. 10.
0-2a0 lbs, Sl4. 70u "a 90 290-350 lbs.
Sfrl470; l00-150 ms, $1,000 1880.
roughs. Si2 81 ~ 20
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
AID WAR EFFORT

Among the wards of the alien
property cuStodianS are the Cen
eral Anilite Films Co. American
Bosch Corp, Scherlng Corp.
American Potash and Chemical
Co, Buffalo Electro Chemical
Co. and the Rohan-Haan plant
which produces plastic noses for
bomberS.
All OF the plants are operating
al present and most of them are
contributing TO the war effort
Prospective owners must satisfy
three qualifications before the
properties are sold: they must
prove themselves able 10 operate
them, they must maintain them
as competitive units. and there
must be no danger of revcrsion
OF the companies to other hands
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
i. ). 10 Auction
Plants Owned
By Enemy Aliens

WASHINGTON, Aug. II QNS)
The government today is polish
ing its gavel in preparation for its
World War ii debut as large-scale
auctioneer.
Uncle Sam is attempting TO put
back into the hands of private
industry $50 industrial plants
owned by enemy aliens.
The plants range in value from
about $4,000 10 millions of dol
lars; from hog ranches to some
Of the largest chemical concerns
in the world. The government
advertises them in trade journals
and financial publications.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
1943 Corn Crop
Second Largest
In 10 Years

WASHINGTON, Aug. II (UP)
The agricultural department
today forecast a l943 corn crop
OF 2,S74.7ll 900 bushels.
This represented an increase OF
16S,000.000 bushels over the esti-
mate made by the department
lastmonth. Comparable increases
were reflected generally in fore
casts for other crops as a result
OF favorable growing weather.
tn crop board forecast, based
on August conditions. estimated
wheat crop of 1884, 1894, 900
bushels, up sharply from the
790.823, 900 bushels forecast a
month ago,
BELOW LAST YEAR
The corn forecast. although
sharply below the 3,175. 154 900
bushels produced last year. was
the second largest in 10 years.
Favorable July growing condi-
tons increased the indicated corn
yield from the July average of
28.7 bushels an acre 10 30.5 BUSH
els an acre.
The 1912 corn yield average
was 355 bushels an acre.
The crop board said that the
food and feed production outlook
improved materially during July.
HIT BY HOT WEATHER
Oats and barley suffered from
hot weather during July, but most
other crops made good progress.
1t said. The board estimated
winter wheat production at $685.
857 900 bushels and the spring
wheat crop at 30l, 037 900 bushels.
The forecast showed an increase
Of 100000 bushels over July for
winter wheat and 100000 BUSH
els higher on spring wheat.
The oat crop was estimated at
I ,1S9, sac, 900 bushels, off about
53,000,000 bushels from the July
forecast. The 1912 oat crop was
l, 53S, 100000 bushels.
The barley crop was estimated
al 34S. 84S, 900 bushels. compared
with 426, 10000 bushels last year
the rye crop 33,3l4,000 bushels
compared with 5734l,000 bushels
last year.
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11
Detro, ccks

SAFES Hen Low ~ IS Chgs
Ksi III ii21t 49, 1919 i3s+
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11

MADISON SQUARE GARDEN
Fiscal wear END May 81 1q43 1912
Nat profit 1892 lst $3.50 So
Per share 81. 81 81 "a
Detroit evening times. (Detroit, Mich) 1921-1958, 1943-08-11

AMER. LOCOMOTIVE
Six mos end. June 30 1913 1p42
Net profit sL6is.125 81 55i 732
Per 70 pfd. share SHIP s. %
Evening star., 1943-05-16

there and take off with load - in heavy seas.
A plane which has living quarters for crew.
which can land in bay and stay there for
several weeks if necessary And, besides this
- plane which can land on short runway,
on land. The only ship to fulfill these require
ments is the Catalina, called the OA-l0 by the
Army, the ePBY -5A by the Navy. The Bismarck
was tracked down by the seaplane sister of
this ship, and our Navy and the British use
them for patrolling. This is the ship we fly.
Early Start
! AXE a flight with our ambulance ship.
We set out on regular duty with the rest of
the squadron on a bombing mission over
Kiska. We start an hour before the Others,
because our plane isn't built for speed. The
heavy clouds hang low over the Pacific. They
are beautiful in the pink dawn; but that isn't
why we are interested in them. Those clouds
offer US our only really effective escape from
fast-hying Jap Zero. We are flying westward
along the Aleutian chain heading for kiska.
The air is unusually clear for the islands, and
it seems that we can reach out and touch the
smudgy fanks of volcano on our left, Is
miles away. Everything from the lazy
rivers of frozen lava at the bottom to the
clocklike puffs from the crater at the
top stands out against the gray-green of
the Bering-Pacifc.
We are getting closer to kiska every
minute and we stay low to blank out enemy
Evening star., 1943-05-16

detectors. Ted, the other pilot, has the yoke,
50 unsnap my safety belt, take off my
headset and climb down from the pilots
compartment We don't wear chutes, because
we fly 50 low all the time there'd be no chance
to use them. Besides, bailing out over this
deathly-cold water is no solution. The radio
operator tries to pick up any stray Zeros IN
that area before we can see them. Nobody
admits it, but you feel little like lone
duck flying over target range. We are
nearing our prearranged point of interception.
Ahead of US is Kiska; and when our mediums
and fighters head into the rain of fire from
Jap antiaircraft or Zeros, we are going to be
right there, too.
If ship is hit and begins losing altitude,
the pilot tries to get as far as possible from
the enemy coastal batteries. That's where we
come in. While the peashooters give the shore
guns hell, to keep them busy, our numbering
amphibian must dive into the battle, and try
to get as close as possible to the crashed plane.
Our gunners are trained to use life preservers,
RATS and ropes in order to get the crew of the
wrecked plane into our boat quickly, so that
we can take off at once, before the enemy
spots us.
If pilot has to bail out, we must get to
him before his chute fills with water and drags
him out of sight If crew manages to Chamber
into rubber life raft. we get there as fast as
possible, or else Jap Zero will spot them and
strafe them on the water. If bomber catches