davidaulloa/AmericanStories huggingface dataset:
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26
Library Benefit
Proves Successful

UTICA - The Library Bene-
fit party, sponsored by the Uti-
ca Tuesday Club, held at the
Utica high school gymnasium on
Saturday afternoon, met with a
fine response from the Utica
ladies. After expenses have been
deducted, about $40 will be
turned over to the Utica library
toward its current expenses.
A program, consisting of mu.
sic under the direction of Oscar
Huyghe, featuring ladies trio
consisting Of Doro by Cum
mings, Doris White and Lenora
Russell, and a laughable skit, en-
titled Pirates" put on by club
members, preceded cards. More
than 35 tables were at play and
table prizes, also door prizes do
mated by Utica merchants. were
given the winners. Mrs. Orville
Smith, Mrs. Robert Kidd, Mrs,
Ray Norman, Mrs. Sidney Odg-
ers and Mrs. Alger Weier were
in charge. Mrs. Howard G.. CriSs-
man and Mrs. Sam Beauchamp
directed the play.
A special meeting of Utica
Eastern Star chapter will be
held at Masonic hall Tuesday
evening, March 2, for initiation.
The degrees will be conferred
upon three candidates.
Arson Wright, son of Mr.. and
Mrs. John Wright, Clinton Riv-
er road, writes from camp in
Texas that Roy Rogers, t h G
movie cowboy, entertained at
the USO there recently. Arson
expressed his. love for the farm
when he told of his delight at
being able ito rub elbows with
a horse"
Mrs. Sarah Hison left on Sun
day to spend the remainder of
the winter with her son-in-law,
Fred Fox, in Detroit.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

Trinity Lutheran Ladies' Aid
will hold a baked goods sale at
the Detroit Edison offices, Main
street, Utica. on Saturday, Feb
ruary q, from 2 to S o'clock p.
m.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

Helen Kraft, assistant city
clerk, is displaying a miniature
parachute bag sent her from
Camp Cook, Calf, by Raymond
Weier. Raymond is attached to
the saith Service Co. A. r., 5th
Division, at Camp Cook, but is
preparing for a transfer to the
Paratroops.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

Utica relatives received word
of the death of Mrs. Florence
Galpin East, who died at her
home, 22074 Curtis avenue, De-
troit, on Sunday. She was 50
years old.
Funeral services were held
Wednesday under the auspices
of the Junior Past Matrons,
Wayne County Order of the
Eastern Star.
Surviving are her husband,
Jerry; daughter, Kathryn
Alice; son, Donovan; sister,
Mrs. M. Harden, and brother
Curtis Galpin. She is well known
In Utica from her frequent visits
to Mrs. Cora Harris and the
Wright families.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

The Utica Parent-Teacher AS
ISOLATION held its February meet
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

Ed Church has left the en-
ploy of Church & Church, Inc,
Utica, and is now working at the
Twist Drill factory in Rochester.
The daily monitor leader. [volume] (Mount Clemens, Mich.) 1942-19??, 1943-02-26

ADD UTICA NOTES :. :. -.
The Utica Rotary club listen
ed to an enlightening talk by
Macomb County Probate Judge
Trombly at its meeting Tuesday
night, the Judge discussing Jul
venile Delinquency and Its
Causes. No visitors were pres
ent.
Evening star., 1943-01-01

about II per cent greater than In
194l.
Wilson Compton, manager Of the
American Forest Products Indus
tries, Inc, said that while output
Of wood fell short Of equaling use,
increased imports and reduced In
ventories had filled the gap.
"All war and essential civilian de-
mands for lumber during the year
have been met" Compton said at
years end.
He estimated mill and distributor
stocks at about 5000 ,O00, 900 feet
and added, "By ordinary standards
they are inadequate"
Lumber requirements for war uses
and essential civilian supplies in
1913, he said, probably would be
about A,o0o o0o, 600 fsst.
Evening star., 1943-01-01
Swope Foresees Post War
Distribution Problem
BY the Associated Press.

oy tne Associated Press.
NEW YORK. Dec. 31.-Gerard
Swope, president of the General
Electric Co., said today that while
research in connection with the war
would result in many new electric
developments for civilians when
peace comes, the immediate post
war problem would be better dis.
tribution.
Full employment, a major peace.
time objective, contempiates the vol.
untary retirement of emergency en-
ployes and working fewer shifts and
shorter hours" Swope said in a year
end statement.
1T will depend, in large measure.
on prompt and complete utilization
OF facilities as the result of good
planning. In the electrical industry
new products require considerable
exploitation time before they ac-
count for much added employment.
Reservoirs Of consumer wants
Will undoubtedly exist at wars end
but they will not automatically
become sound and prosperous mar
kets without aggressive cultivation
by all of U.s."
He said General Electric had been
trying Ito draw . workable blue
print for the postwar period"
meanwhile keeping full strength on
its war work.
Evening star., 1943-01-01
Higher Cotton
lis Forecast by
| Market Chief
~ the Associated Press.

xy the Associated Fress.
NEW YORK, Jan. 1.-Reduced
acreage, raises in farm wage CELL
ings. the prospective rise in the
method Of calculating parity so as to
include farm labor costs, the pros
pect Of a 20-cent loan for the 1854
crop all point to higher cotton prices,
Robert j. Murray, president of the
New York Cotton Exchange. said to-
day in q year-end statement:
80 much Of British and Euro,
pean mill machinery has deterio-
rated badly or been destroyed that
America faces the necessity of help
ing to clothe the world during the
postwar readjustment period. In
creasing labor shortages create an
other acute supply problem.
Taking just these facts into con-
sideration, and there are many more,
foresee q demand from American
mills for cotton equal to, II not ex-
ceeding. that experienced during the
last year."
Evening star., 1943-01-01
Many Problems Faced
BY Brewers in Year
BY .he Associated Pres

By The Associated Press.
NEW YORK, Jan. 1.-The end of
canned beer for civilians was only
one Of the many problems Americas
brewers faced during the last year,
Chairman Alvin Griesedieck Of the
Brewing Industry Foundation said
today
While beer sales normally rise or
fall with national income, beer is
dropping below the income rise as
. result Of transportation and pack
aging problems and taxation, he said.
Among contributions to the war,
Griesedieck listed . record tax as
sessment Of ~ = barrel for the
Federal Government and IN average
Of 41.0 Tor State governmental
Evening star., 1943-01-01
$l2,ooo,oOo,ooo
4,ooo,ooo,ooo
3,ooo,oo0,ooo
3,ooo,ooo,ooo
s,ooo,ooo,ooo
$l2,Ooo,oOo,oO0
s3o,Ooo,oo0,oOo

This still leaves s31 900 900 900 to
be taken up by the commercial
banks, which is more than equal to
their entire holdings at the begin
ming Of the fiscal year. Not only
will allotments be made in full, but
there is every prospect that holders
Of idle funds will be sought rather
persistently.
Sales Staff Organized.
It did not become evident until
fairly late in the year that the ef-
forts Of the War savings staff (pay-
roll deductions and Dorothy La
mour), plus routine monthly offer
ings to routine institutional buyers,
would fall far short of accomplish
ing the desired distribution. But in
Evening star., 1943-01-01
Bankers See Higher
Earnings But Fear
War Finance Ills
Rise in Short-Term
Rotes Ends Period
Of Low Returns
BY EDWARD b. HUBBARD,
Cambridge Associates Writer.

Bankers look forward into l943
with mixed feelings. More dollars
will be employed more prof1tably
than for years, and earnings are Ger.
tain to experience an uptrend. On
the other hand. unless we build
soundly in borrowing funds to run
the war. we shall be borrowing
trouble from the future. And no.
body realizes this fact as keenly as
the commercial banker.
Ten years of deficit financing and
several upward adjustments In the
amount of cash reserves required
against deposits failed to mop up
excess investing power, but one year
Of war did the job. In New York
City, where large amounts of cash
were borrowed by the Government
for payments on contracts through
out the Nation. excess reserves prac.
tically vanished, and reserve re-
quirements were lowered from 26
per cent of deposits to "a to % to 20
per cent. all to make room for more
Government bonds. Temporarily at
least. the great reservoirs of capital
are outside the big financial centers.
Dollars Back at Work.
Unemployed dollars have been re-
sponsible for low interest rates. No
union maintained the earning
power of the few that were still at
work; here the law of supply and
demand was allowed to function
freely, except that Government
policies built up the supply more
rapidly than the demand. AS far as
commercial banking is concerned,
the supply -demand picture is now
reversed, and short-term interest
rates have swung sharply upward,
which makes great difference to
earnings.
The successful December war
financing job showed that present
interest rates can be maintained at
least through the current year with
no more drastic change than the
seeking out of buyers in the high
ways and byways to tap every little
pool of idle capital This is con-
structive from the bankers point Of
view, since it avoids the directly in
flationary method of financing. and
preserves the market value of his
| investments.
| Corporate Borrowing Up.
Commercial loans have. of course.
! taken back seat to Government
securities as source of earnings.
Yet there are unmistakable signs
that the end Of the war will see a
huge demand for funds from bust.
ness. Perhaps it will happen while
we are still at war. A few large cor
porations have arranged for lines
OF credit for future use running into
spectacular figures. One motor COM
pany, for instance, has arranged for
banks to lend it total of a billion
dollars when, as, and If needed.
Many smaller corporations are al
ready following suit. The signs Of
the times point to greater boldness
in the use of funds for postwar
enterprise.
This is as it should be. or we
might say, like the good old times.
1t shows that industry is through
playing cosy" and is ready to ac-
cept the challenge of the postwar
world. And in this atmosphere, an
industry built on renting money at
rates varying with the risk involved
will have larger opportunities for
profit than have been seen for many
years.
Evening star., 1943-01-01
Superiority of U. S.
Planes Demonstrated
Nv the Associa ted Press,

~ the Associated Press.
NEW YORK. Jan. How good
are American planes? This question
was often asked early in the war,
and now the Aeronautical Chamber
Of Commerce offers this answer:
For the first year of war. American
Airmen knocked down five enemy
planes for every ship they lost. At the
end Of the first year, the chamber
added, United States flyers were
shooting down IA Axis warplanes for
each American plane downed.
Evening star., 1943-01-01

December, the Victory Fund Com
mittee. composed of bankers, brok-
ers, investment counselors and ad-
vertising men, swung into action
with package of offerings that al
most nobody with loose change
could turn down. Interest rates Of
fered ranged from 6-1Oths to 212 per
cent, depending on the term Furth-
ermore, the announced goal of the
December drive $4,000, 900, 900,
which was oversubscribed) gave as
surance that the Treasury Depart
ment would not have to resort to an
other borrowing campaign until
February or March.
The job is far from completed and
many problems will have to be faced
If the soundness of Government
credit is to be preserved. The pres
ert approach, however, is realistic in
that it recognizes that our needs for
money are far beyond the capacity
of ordinary lenders, and that all
possible buyers will have to dig
deeper-and dig-and dig.
Evening star., 1943-01-01
| BA MobHized
To Back War
| Financing
By the Associated press

NEW YORK. Jan. 1.-Jay N.
Whipple, president Of the Invest.
ment Bankers Association of Amer
lea, looking toward the new year.
said investment banking must see
that the machinery of the private
capital market is in a position to
function efficiently.
He is a member of the firm of
Bacon, Whipple g. Co. of Chicago.
The first responsibility of the in.
vestment banking business In l943
will continue to be financing vic
tory" he said. "It will also be con.
cerned with its own survival as an
important element of a free enter
prise system which must survive the
war If we are to have a really vic
torious peace"
Evening star., 1943-01-01
Wood Industries Received
Two-Way Boost in 1912
Nv the Associated Press,

By the Associated Press.
NEW YORK, Jan. War with
its yoracious appetite for metals
gave wood industries q two-way
boost, increasing tremendously its
primary uses and expanding civilian
demand for it as q substitute for
strategic materials.
Wood found its way into hundreds
of war devices during 1942 from the
forms for shaping concrete In fac
tory construction to the plywood
planes used in training fighter and
bomber pilots.
Total lumber consumption jumped
to an estimated 20, 600 900 900 feet,
Evening star., 1943-01-01
Steel Remains Master
Of All War Materials
BY the Associated Press.

By the Associated Press.
NEW YORK, Jan. 1.-While alum.
mum, magnesium and plastics made
great contributions to the war dur
ing the last year. steel is still the
master war material and electric
furnace steels are the finest Of its
alloys.
United States electric furnace ca.
pacity at the beginning Of 1899 was
around 1,700. 900 tons q year. but
under the impetus Of war orders 1t
grew to 100000 tons BY mid -ls42
and Is still growing.
Evening star., 1943-01-01


Selling fiat on account Of default Of prncpsl nteres
ads Neeottability impaired pending investigati
Evening star., 1943-01-01
fashion as this:

Pay roll deductions
and sales of War
savings bono d S
through drives, etc.
Purchases by Govern
ment trust funds
and agencies tin-
cluding social secur-
tty) --
Tax a ticip alton
notes, etc.
Insurance companies,
mutual savings
banks -------
Corporations, trustees,
individuals, etc.
NATAL
Evening star., 1943-01-01
Uncle Sam 10 Require
81 Billions Above
Taxes in 1943
kon-lnhotionoy Sources
For Vast Funds Will
Be Hard to Find
1y Cambridge Associates.

1y Cambridge Associates.
Fitting together slowly, like the
pieces Of a picture puzzle, are the
various aspects Of the war effort,
and one Of the last to fall into place
Is the job of providing the all-es-
sential dollars. As Nation &C.
customed for more than a decade to
deficit spending, we have allowed a
full II months to elapse between the
beginning Of hostilities and the de-
velopment Of a comprehensive plan
for footing the bill.
In -simplified arithmetic
fscal l943 (Which began July /,
l942) will see Government expendi-
lures totaling at least $85 ,0O0, 900, 900.
The drastic tax bill is expected to
provide about $4,000 900 900, leaving
At least $61, 900. 900 900 to be borrowed
In one way or another. The problem
Is, how to borrow as much as pos
sible from sources other than the
commercial banks, whose purchases
OF Government bonds contribute to
the inflationary impulse.
Government Looks for Buyers.
Now for years it has been a COM
monplace that In order to satisfy
his requirements in a new bond
issue by the Government, the in
vestor subscribed to from 5 to 10
times his needs. If he got more
than he needed, there was ready
market at fat premium Now all
that is changed The Treasury ex-
poets to work hard to place its SOL
600 100000 of bonds in some such
fashion as this:
Evening star., 1943-01-01
THE WASHINGTON, D c. FRIDAY JANUARY l. 1s
BONDS ON NEW YORK STOCK EXCHANGE IN 1942
TOTAL BOND SALES.
he Associated Press
NEW YORK.

NEW YORK. Jan. Following Is table Of
transactions IN bonds the New York Stock Exchange
during the year 1912 1t gives the yearly sales price
ranges and net changes from the previous year on
bonds listed prior to January /, 1912:
Evening star., 1943-12-27

through and I sympathize with
them, he said. Il think they should
go in. but I know what they're going
through. because I went through it
myself in the last war!
The men, he said, start worrying
when they get their notice to re-
port for their local board physical
examination. Sometimes they start
worrying when friends in the same
board area get their notice. They
compare order numbers.
This is a situation that none
Of them have ever been up against
it diSrupts everything down to the
baby in the crib. They need some
one who can see the whole picture
Their minds are clouded by worry
over how they're going to work out
"a solution in the short time left to
them" Mr.. Judd said.
That's why Mr.. Judd heartily ap-
proves of the Draft Aid Center. "
which will go into operation here
in mid-January. He has found, he
said, that in large percentage of
the cases there's solution for these
families if they only have some one
to advise them who knows all the
possibilities.
Some of the men, he said, don't
know that the family allowances
Evening star., 1943-12-27
! lsWRahonmiq
.s2Remmider,@

Canned and Frozen Foods, Etc
Book No 4, green stamps D. E and
F valid through January 20.
Meats, Fats. Etc. Book No. 3.
stamps L, M, N, P and @ valid
through January l. Stamp r good
through January %.
Stamp No l. in Book 4, good for
five points in pork through Janu-
ary /.
Sugar-Stamp % in Book No. 4 good
for 5 pounds through January IS.
Shoes-Stamp No. 18 in Book No. l
and stamp 1 on the "airplane"
sheet of Book No. valid now for
an indefinite period.
Gasoline-No. 8 A coupons good for
3 gallons each until February 8.
B and c coupons good for GAL
Ions each. B-2 and CO coupons
in books issued after December l
are good for 5 gallons each.
Tire Inspection Deadlines-For A
coupon holders, March 81.
Fuel Oil-Period No. coupons, good
Tor 10 gallons unit, valid now,
expire January 3. Period No. 2
coupons, valid now, expire Febru-
ary 8. Period No. coupons be-
come valid January 4, remain valid
through March IA. According to
the District OPA, consumers in
this area should not have used
more than 80 per cent of their
total yearly fuel oil ration as OF
December n.
Evening star., 1943-12-27
Long-Distonce
Calls Set Mark
For District

More than 81 900 messages of good
cheer went out over the long dis
tance wires on Christmas Day to all
sections of the country. the Chesa-
peake & Potomac Telephone Co.
reported today.
The total for the day exceeded
by nearly 10000 the previous rec
ord established on Christmas Day
a year ago, when $4,000 calls were
recorded here. Many of the calls
originating here on Christmas Dav
were made from telephone booths
and hotels. A substantial number
OF the callers were servicemen, it was
believed.
The all time record of more than
ZOO calls did not take into con-
slderation the constant stream of
incoming long distance calls which
are not tabulated here.
Telephone company officials said
there were many delays in getting
the calls through and that a num-
ber of "bottlenecks" had to be over
come. Virtually all calls were event.
|ually put through, however.
Evening star., 1943-12-27
D. {. Leads Nation
In Filing Income
Tax Returns for Al
1886 Pct. Of Population
Reports, Compared to
Average of 1854

The District led the Nation In the
percentage of population filing in
come tax returns, according to a
Treasury statement today, based on
l94l earnings.
The percentage here was 37.86 as
compared to the national average of
1854. The nearest competitors were
Alaska, with 1888 per cent; Nevada,
1887, and Connecticut with 1859.
New York, which always turns in the
largest amount in dollar value,
showed 25.87 per cent of it's popula-
ton filing. mississippi stood at the
bottom OF the list with 4.24 per cent.
The District showed total of
25l 072 returns for a total of S45.-
$4,000, believed to be the largest
Federal tax ever paid from this city.
For the Nation total of 25 954 ,8Ol
submitted returns, 76 per cent above
the 14,778,159 in the preceding year.
1t will be nearly doubled next year
when an estimated 50,000,00O per-
sons will file returns on 1943 income.
The record 194l tax bill of 3,9O8,-
100000 was 161 per cent above 194O's
ST, ,496 ,403 900 figure but will pale in
comparison with some $4,000 GOO 900
for 1943.
Maryland reported 508954 returns
from 27.95 per cent of the popula-
ton, and total taxes of s8l, ASS, 900.
Virginia made 1863. $40 returns from
1879 per cent of the population for
total taxes of S56,053, 900.
Evening star., 1943-12-27
Southeast Scout District
Schedules Inspection

The Southeast District of the Ma
.tional Capital Area Council of the
Boy Scouts of America will hold an
inspection of all troops, packs and
ships at 7:30 pm. Wednesday at the
Southeast Boys Club. Seventeenth
street and Massachusetts avenue
Sc.
The area includes all of Southeast.
Southwest and a large part of
Northeast. The inspection is under
the supervision of j. E. Doran. chair
man Of the District Camping and
Activities Committee, who will be
assisted by committee of 10 Scout
leaders.
Motion pictures. recordings and a
demonstration of throat microphone
equipment will be presented, Ger
tiflcates of better appearance will
be awarded by John Bullough. vice
chairman of the District Committee.
/ to units earning so per cent or more
! Improvement
Evening star., 1943-12-27

to dependents of servicemen have
been increased. Some don't even
know there are such allowances.
In one case his advice helped
man to continue his business and
keep his home. In another, he found
roomers to supplement the wife S
income. In third, he brought
two families together.
Since that is one of the services
contemplated by the Draft Aid
Center he told how it was done.
Two fathers came into the draft
board the same night. One of them
was the father of two children and
was making payments on an eight
room home. The other father hao
one child and lived in a two-roon
apartment
Both Fathers Worried.
Both fathers were anxious to 90
into the service-even talked about
volunteeirg-but both we're worried
The home owner wanted to keep
up the payments on his home. The
other didn't want to leave his wife
and baby alone in the apartment
and didn't know how she would
pay the rent.
Mr.. Judd talked to the fathers
separately and together. On the
third interview. when he was ia
lniliar with the background of both
of them, he asked if they would like
to combine forces. Both wanted to
talk to their wives about it.
A few nights later one of the
wives came in to see Mr.. Judd.
While she was there he called the
other wife, asked her to come in.
He introduced them. and that was
that.
The two fathers were inducted on
the same day. Mr.. Judd saw one
OF them the day before he was to
report for active duty.
"Everythlng's okay," reported the
man, They're getting along fine" "
Mr.. Judd said he didn't know what
financial arrangements the two
women had made-that was their
affair. But, he said. by living to-
gether they can share heat. light,
gas and electricity expenses and be
company for each other. The rent
paid by one will help the other keep
up the payments on her home.
The board chairman said he had
wondered why something hadn't al
ready been done on a city-wide scale
to serve the prospective servicemen.
The Draft Aid Center" is being de-
veloped jointly by District Selective
Service and Civilian War Services