davidaulloa/AmericanStories huggingface dataset:
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1944-09-22
SHIRLEY DANIELS of Tulsa

~ AAN0yp OGPAGuDNH 80 AoANs
SHIRLEY DANIELS of Tulsa,
Oklahoma, who is up here to attend
the University of Minnesota. .
Heard that the lovely BOBBIE
COLEMAN, former Minneapolitan
and now of Chicago, may come up
soon with her parents to visit her
grandmother and aunts and uncles.
If so, many Twin Citians will see
a real beauty. Two of our Min
neapolis lassies are down in the
Windy City (Chicago) having them
selves a wonderful vacation. They
are: BETTY JANE CYRUS and
JANE MOSS. A very striking
figure in town these days is dark
haired JANET SESSIONS of
Hampton Institute, Virginia. She
was head of the Nursery Depart
ment at Hampton Institute last
year. A young st. Paul ma
tron who has been having a ball
ever since her hubby has been
across seas for the past year, is
Strengthening up and flying right"
now that she kows hubby is on his
way home on thirty day furlough.
Hes due to breeze into town any
day now but what you bet the
tongue waggers won't fail to let
hubby in on his wife's carvings
only MRS. ODESSA BRENT
of St. Paul entertained at lunch
con last weekend in honor of AN
NETTE HATTON ROBINSON
of Hampton, Va. Other guests were:
BENETA McHIE, MARGUE-
RITE TRESVAN, ELIZABETH
MOORE, WINIFRED CROUCH,
ROSAMOND JOHNSON, and
IDELLE PATTON. . Do you
know who the members are of the
newly formed HOOK A MAN
CLUB? The aims and functions
of this group are to throw parties
for the sole purpose of inviting men
to their homes who otherwise
wouldn't look their way. MRS.
MARGUERITE COMBS, popular
socialite, entertained the we'll
known MAIDS and NATIONS
CLUB last Saturday at her home.
The first prize went to the hostess,
Mrs. Combs, the second to MRS.
ALICE MORGAN and the third
to MRS. CLEAT OLIVER. MRS.
HALLE SALTER won the first
guest prize and MRS. EDITH SIZ-
Err won the 2nd guest prize. MRS.
NELLIE MCCULLOUGH was the
guest of honor and was given a
lovely gift. Other guests were:
MINES. JESSIE SHEPHERD,
MINNIE ALEXANDER and WA
MA GLENN. GLORIA GIL
BERT of st. Paul is now on her way
to Hampton Institute, Va, where
she will matriculate this year. E.
Congrats to CPL. JOHNNIE
CRENSHAW of California and
GWENDOLYN SCHOFIELD of
Mpls., who became mr.. and MRS"
last Saturday evening at the home
of the brides parents, MR.. and
MRS. HENRY SCHOFIELD.
LETTER OF THE WEEK:
Just received a very interesting
letter from M/Sgt. Lee W. Harris,
who is stationed somewhere in the
Pacific" which l thought you would
like to hear.
Dear Sal:
Hello, there, what's to it! L
don't know whether or not you
remember me; anyway, thought
I'd drop you a line to let you
know how awfully much we en-
joy your column away out here
in the Pacific. Life is not too
bad; we'll do alright, but we
have to. (Smiles).
There are a few fellows from
home on this island: Ernest John
son, st. Paul; M/Sgt. Noel Har-
ris, st. Paul and in my outfit
is my tent buddy, Sgt. Cleveland
Smallwood of Mpls.
Again you hear, as you've
heard from soldiers elsewhere,
your column is tops.
Sincerely,
M/Sgt. Lee W. Harris.
So au revoir.
Your Pal,
SAL
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1944-09-22
CHIT CHAT HOT OFF THE
CREDIBLE:

That U. S. Navy lad, BOB
BLAIR, of Connecticut, is in town
visiting his wife, family and friends.
That dashing Romeo SCOTT
TYLER of Chicago, Illinois, was in
the Twin Cities this past week
visiting friends. Scott is now work
ing as Photographer for the Chi
cago Defender. (By the way, keep
this under your hat, but methinks
Scott has really been bit by the
love-bug for keeps this time. He's
got orange blossoms on his mind
and the little package of loneliness
that's brought this mood about is
a doctors daughter down in Iowa.
e. A new little coed in town is
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1944-09-22

File No. 62813
ORDER FOR HEARING PETITION FOR
ADMINISTRATION, LIMITING TIME
TO FILE CLAIMS AND FOR
HEARING THEREON
State of Minnesota, County of Hennepin.
In Probate Court.
In Re Estate of Rose M. James,
Decedent.
Order for Hearing Petition for Letters
of Administration
1T is ORDERED, That all persons in
terested show cause, IL any they have, be-
fore this Court on Monday, October End,
1914, at 10 o'clock A. M. in the Court House
in Minneapolis, Minnesota, why the petition
Of Richard H. James, of st. Cloud, Mime
sofa. for the appointment of himself as
administrator, herein filed, should not be
granted.
Order to File Claims and for
Hearing Thereon
1T IS FURTHER ORDERED, That with
in four months from the date hereof all
creditors of said Decedent file their claims
in this Court Proofs will be heard and
claims examined and adjusted before this
Court on Monday, February 5th, 1945, at
10 o'clock A. M. in the Court House in
Minneapolis, Minnesota.
These orders shall be published in the
Minneapolis Spokesman and copies thereof
mailed according to law.
COURT SEAL)
Witness the Hon. Manley L. Fosseen,
Judge of Probate Court, this 9Th day of
September, 1914.
ERNEST P. LoRENZ,
Clerk of Probate Court.
HARRY E. BURNS,
St. Cloud, MINI.
Minneapolis spokesman. [volume] (Minneapolis, Minn.) 1934-2000, 1944-09-22
Hi There,

Hi There,
Everywhere we turn we hear
people betting on the date of the
end of the European war. All of
us are afraid to be too optimistic
even though we know the end of
the European War still leaves the
Japs ito play taps over" (Smiles) J..
Sal has talked with a number of
our Twin City big-wigs and the
consensus of opinion is that the
last of October or first part of
November will bring the German
episode" to a close. 1--WE hope).
Then Wen really feel our boys are
quite a bit nearer complete vic
tory.
THINGS WE CAN DO WITHOUT:
Those people who have nothing
to do but spend all their spare time
gossiping and tearing down other
peoples character. b. Folks about
town who foolishly dress, copy,
and mimic everything of worth that
their neighbors and acquaintance
have and do. variety is not only
the spice of life but originality is,
too.) Loud, boisterous talking
and laughing when we meet at
social gatherings or on street corn
ers. Gals about town who
seem to thrive on being 'the other
woman" causing breakups in TO-
mances and marriages about town.
.. People who always down every
thing good around our two towns
and yet have never given a worth
while suggestion in their whole
lives as to how to improve our cities.
Of our towns and everything are as
bad as they say why do they hang
around?)
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

be the sodden mess that some per
sons make.
Not only can it be delicious and
nutritious, but it is a good way to
use up your stale bread-since into
every breadbox some unwanted
bread must fall. These stale slices,
when combined with milk, eggs,
nuts, raisins, figs, apples, and even
a meringue, make a dessert that is
sure to please.
If you are clever in concocting a
special sauce, like hard, foamy, or
fruit sauce, then you will elevate
the pudding to a new level Or you
can use layer of stewed fruit be-
tween the pudding and top with a
perky meringue. The flavor of the
pudding may also be varied by adj
ding dates, bananas, or orange mar
malade. You are sure to have some
of these variations on hand.
The following recipe is one using
raisins topped with meringue:
Bread Pudding With Meringue
Cut bread into slices and trim
away the crusts. Soak for is min
utes 31a cups stale, diced bread in
3 cups warm milk Add VI teaspoon
salt. Combine and beat well, 8
egg yolks with " cup sugar and l
teaspoon vanilla. One-half tea
spoon nutmeg may be added if de-
sired. Add either "a cup raisins or
nut meats. Pour these ingredients
over the soaked bread. Stir lightly
with fork until well blended.
Place in baking dish set in a pan
of hot water in a moderate oven,
$50 degrees, for about As minutes.
Cool the pudding. Cover with
meringue made with egg whites,
Is teaspoon salt, 6 tablespoons SUI
gar and " teaspoon vanilla. Bake
the pudding in slow oven, 300 de-
grees, until the meringue is set
about Is minutes. Serve hot with
a sauce or cream Makes 6 serv-
ings.
This is my last Corner" for 1914,
and in a. few days we will usher III
the New Year. I am sure that all
our hearts join in a fervent prayer
for the safety of our loved ones in
the Armed Forces, and for Peace in
the New Year. HAPPY NEW
YEAR.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28
Names Make News

Mr. and Mrs. H. S. Douglas were
guests over the Christmas holidays,
at the home of Mr.. and Mrs. Lewis
harrington, Glen Echo Heights, Md.
On their way home they enjoyed
brief visit with Mr.. and Mrs. Eu-
gene j. c. Raney, Kensington.
Happy guests at the home of Mr..
and Mrs. Benjamin A. Beard, Way
side avenue, over the holidays, were
their son, Richard, his wife and chill
dren, Jack and Roberta and Mrs.
Grace Corley and Miss Mary Baum
gardner, all of Landslide, Pa.
The thirty-five girls, some of them
from as far away as Texas and
California, who make their home at
the Sho-Ning Guest House, enjoyed
Open House in the Lobby on Friday
afternoon. Refreshments were pro-
vided by Mr.. A. H. Jennings who
owns the guest house and he also
furnished 15-foot Christmas tree.
Mrs. Elizabeth Friedell, the house
mother, acted as hostess.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Perhaps you are feeling right now
that you don't want to see any more
turkey for long time and would
like to get down to an honest to
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28
Che HomemaRers' Corner
By MARY DOUGLAS

goodness every day dish for to-
nights dinner. 1 selected the one be-
low because the meat is plentiful
and the whole dish will prove to be
tasty one.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

20.
Mr.. and Mrs. Vincent A. Baker,
Clear Spring, are the proud parents
of daughter, born December 81 at
the Washington County Hospital
Cpl and Mrs. Charles S. Hykes,
Jr., Hagerstown, Route 2, announce
the arrival of daughter, on Deem
Der %, at the Washington County
Hospital
Mr.. and Mrs. Walter c. Barr,
Greencastle, Route 3, are the parents
of a baby boy, born December % at
the Washington County Hospital.
Mr.. and Mrs. Norman E. Benner,
APT George street, announce the ar
rival of a daughter at the local hos
pital on December %.
Mr.. and Mrs. Eugene S. Albert,
1913 South Potomac street, are the
parents of daughter, born Deem
Der "a at the local hospital
Mr.. and Mrs. Arthur r. French,
289 Frederick street, announce the
arrival of a daughter, December "a,
at the local hospital.
Mr.. and Mrs. Martin D. Harsh,
Williamsport, are the parents of a
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Mr.. and Mrs. Arthur B. Martin,
555 Highland Way, are the parents
of son, born December 20 at the
local hospital.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28
The .. Arrives

Mr. and Mrs. Warren A. Shipping,
Fountain Head Heights, are the par
ents of a daughter, born December
20 at the local hospital.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

For dessert, let's have a good old
fashioned bread pudding. Perhaps
you are one of those unfortunates
that have never eaten the dish at
its best Bread pudding need not
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Pork Chop Casserole is a COM
plete dinner in itself. Just add a
crisp salad, dessert and beverage for
satisfying winter meal. The cas-
serole may be prepared in advance
and kept in refrigerator until ready
to bake.
Pork Chop Casserole: (Serves 81
Drain liquid from l pound lima
beans and reserve. Place beans in
creased baking dish. Combine "a
cup liquid from beans with "a cup
milk and pour over beans, Sprinkle
6 pork chops (cut Y inch thick)
with salt and pepper, brown light
ly in heated fat. Reserve drippings
and arrange pork chops on top of
lima beans. Cover with Corn
Dressing.
Corn Dressing: Combine / pound
whole kernel corn with ia cups
soft bread crumbs and "a cup milk.
Add / slightly beaten egg, 2 table
spoons chopper onion, Y teaspoon
poultry seasoning, l tablespoon
drippings from pork chops, salt and
pepper. Mix well. Arrange over
pork chops and bake in moderate
oven $3.50 deg. F. )for one hour
This is another recipe that will be
an appetizing change
Steak With Spanish Sauce
l lb round or flank steak
tablespoon vinegar
teaspoon salt
"a teaspoon pepper
2 tablespoons minced onion
teaspoon minced parsley
2 tablespoons minced celery leaves
u green pepper minced
2 cups diced tomatoes
2 tablespoons meat drippings
Score steak on both sides. Cover
with mixture of remaining ingre-
dients except fat and let stand for
hour or more Brown meat in
drippings. Place in shallow baking
dish with mixture in which meat
has soaked. Bake for 2 hours i'll
moderate oven, or until meat is
tender. Yield: servings.
For dessert, let's have a good old
fashioned bread pudding Perhaps
you are one of those unfortunates
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Mr.. and Mrs. Van H. Boden, 321
Ridge avenue, announce the arrival
of son, born December 20 at the
local hospital.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28
And here are the StOrk's /.
Christmas presents.

Anu mere are tne StOrkS
Christmas presents.
Mr.. and Mrs. Paul /. Strawsner,
South Jefferson street, Greencastle,
Pa, received the joyous gift of a
baby boy on December rs at the
Washington County Hospital.
Mr.. and Mrs. Donald E. Miller,
1856 West Washington street, opened
their stocking and found a lovely
baby daughter, born December rs at
the local hospital
Mr.. and Mrs. Leonard H. Martz,
240 East Antietam street, UNI
wrapped their package and dis
covered a lovely daughter born De-
cember rs at the local hospital.
Mr.. and Mrs. Charles w. Miller,
119 Johns street, are the proud par
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

daughter, born December "a at the
Washington County Hospital.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Mr.. and Mrs. Douglas X. Black,
10 West Side avenue, announce the
arrival of a daughter at the Wash
ington County Hospital, December
20.
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

An Iowa druggist reports this no
tation at the bottom of a doctors
The globe-independent. (Hagerstown, Md.) 1943-19??, 1944-12-28

Mr.. and Mrs. Charles w. Miller,
1l9 Johns street, ARE the proud par
ents of sen, born ON December
rs at the local hospital.
Detroit evening times., 1944-12-28

The announcement last week
that the commercial truck pro-
gram had been almost doubled
for 1945 seemed to have caught
this writer way out on a long,
long limb with his prediction,
made only a few days earlier,
that civilian trucks faced a
drastic trimming next year be-
cause of the serious tire situa-
ton.
Now il comes to light that the
prediction is not so far off. Fig
ures just disclosed by the War
Production Board on quotas for
the first half of 1945 show that
they have been trimmed way
back.
Light trucks for the period
stand at 10000, but in the
medium class they have been
trimmed from $4,000 to 72,098.
The light heavies are hardest
hit, being scaled down from 26,-
10 to 1880. The heavy-heavies
are down from 6,425 to 1885
and the off-the-highway heavies
stand at TIC.
Detroit evening times., 1944-12-28
Detroit Produce

Trading VAS gOOd AZ the Detroit Union
produce Terminal this morning Deliveries
we're sloWec down py the cold weather Cell
ug On Ecrthgesi bgR Delicious advanced 10
zl and on Ieeeers head lettuce from
me Frat cara ~ Fouds new stock Triumph
Btatoes were Salf Most vegetables sold
~ a steady market. With bushels Of spinach
~ hunChed carrots moving SLOWLY A. lower
vices
KPPLEs-wsshinFton box Delicious. com
II MichiEsn bu L 5 No Delicious
t5.2lw ~ Jgnathsns S3a5 az Mcintosh
unciuon s2T5H3
BEANs-Fiories bu hampet valentines.
sfnfifulf and NsK bfanf sn IS 80
BEETs-TeHss half crates bchd. sl75
bkOCCoLI-Cfs'es. 2s-oohs., Arizona aud
cARBAcE-Hsw stoes Sob SACHS round
lrizoni. 81 soss. Texas. s3 Los Angeles
cARgOTs-Crstes doz bchs. Arizona.
tfaf u TcEas crater o doz bchi 50 so
CAuLiFLoWER- lfornis crates, 81 5Ou
cELEE y--esli'7rnis Pascal - doz 50 so
iHf crates Golden Heart 4-6 dg1 ss a..
,.isr,ess erat. Golden Heart. aut. S5ee.
.cUcUMBERs -. Florida Su baskets. best.
GRAPEFRU1T-Terss crates white 80, and
sfger 50 6ags 7s. pinkf SAa4 80
rRAPEs-can'or1is lugl Enlpergr1 some
'1r ,..,.,., - ,5!. s9a ? Eibi'r t2es
Ts23.
ONIOvs-5o-lt sscfs Z. s No Yenou,
VMlchigan D. some NEmsu. Si.4Oml IS. hes,
mostly 81 90, Idaho Colorado sweet spanish
q. No 4. 3" and larger. &l.sOa1 go
oRAEC CEs--cslfCmia sc bor nsvsH al
IS 4s. Florcs boxes 2s03 and iSrfer. So
~. TeNsf hVr Temples Sc 50
PEARS-Wsshinn1r bop p'Ani0uf s. 90
PEPFERS-Te1ss cfates \Canf1rnis won.
een iaIre So so. bu lbskfG 81
POTATOES oO-lt SACKS q s No
uSs A. idaho Russe' BurbanEs. very fee
AZ utility grade - so C8lifornis Loni
WliieA - - Maine kAtshdir- z nippevfs
t1.4oaalBO l5,lt sacks - r 56c4 Greer
Nountaht. a3i5,03 IS i5-lb saeks sIr
flchigsn Chippewss S3s3 10. Upper Penln
iuls KAtshdins $50 is-ib tsru Greer
NeuntAins 4ec. Canada Estshcins TS-ln
tAck1-A 49, Eaz-si4-aA- F4--st@r-aes-f- =
sacSf Triumuhs 81 sTa26s
EADISHkc-Texss cratef 50 1Se3so
SfiALInTs L0uisiena barrels. ST. SO
trSfes 81 50
.sPiSAcIi-TeSss bu bsku. curry lyps
ToNbToEs-io-b. fepselt. - ios74o
Detroit evening times., 1944-12-28
Heavy Selling
Drops Stocks

NEW YORK, Dee! II QNS)-
Heavy selling in the stock market
today put the ticker behind and
drove prices down as much as 2
points.
Height of selling came in the
second hour when volume in
creased to a rate of 100000
shares for the full day. Offerings
dried up later, but little rallying
power developed.
Rail issues led the general
market lower, rejecting the
groups top-heavy position after
the recent sharp advance. Santa
Fe broke below so for loss of 2
points. New York Central. Balti-
more and Ohio, and Chesapeake
and Ohio lost large fractions.
Northern Pacific and Southern
Pacific dipped point.
u. s. Steel. Bethlehem, General
Motors and Chrysler Slumped a
point, then recovered small frac-
tiens. Utilities, amusements, and
chemicals were comparatively
firm. DouglaS>>Aircraft reacted a
point.
Resumption of trading at
sharply lower prices in Elastic
Stop-Nut common was a high
light. Suspended from the list
Nov. %, the stock opened at g.,
off 2l2, and dropped to ga later,
The company's debentures dropped
8 points to so and its SO preferred
10 points to 30.
The bond market declined slowly
in a small trade. Curb stocks
followed the trend of the Big
Enn I'd
Detroit evening times., 1944-12-28
Plan Offering
Of King-See|ey

F. Eberstadt & Co. Of New
York and Waiting, Lerchen & Co.
of Detroit have entered into an
agreement with King-Seeley Corp,
Ann Arbor, covering the public
offering 100 5ee9 shares Of per
cent cumulative convertible pre-
ferred stock of $50 par value.
The preferred stock is 10 be
convertible into common stock on
the basis of one and one-eighth
shares of common for each share
of preferred stock for three years
and thereafter share for share.
II is expected that registra-
ton statement for the offering
wifi be flied with Securities and
Exchange Commission in the near
future
Detroit evening times., 1944-12-28
Cites Tax Notes

Alvan Macauley, vice chair
man of the Wayne County bank
ing division, War Finance Com
mittee drops me note asking
that / remind you of the desir-
ability of purchasing c tax
notes ali safes up to Dec. 81
still apply on the War Loan
quota.
- Sold in denominations from
500 10 more than 500, 900, they
can be used for payment of in
come taxes any time after March
! and give the buyer interest up
to f.677 per cent if held until
maturity.
If not used for taxes, they can
be redeemed; they can be used
for collateral at any bank.
Detroit evening times., 1944-12-28
Cars by Lake
Permit OK'd

The Interstate Commerce Com
mission today notified the Nc
Carthy Stea mship Co. 40
Twelfth, that its temporary au-
thority TO transport automobiles
on the Great Lakes has been
extended for another year.
The Mccarthy company is de-
fendant in a suit in the u. $.
Supreme Court in which the d.
and {. Steamship, Nicholson Uni-
verSal and Great Lakes Transit
companies are endeavoring 10
prohibit il from transporting cars.
Detroit evening times., 1944-12-28
On New Jobs

Several personnel changes and
appointments drifted across the
desk over the holiday.
William c. Macdonald has
been appointed assistant director
of sales of the plumbingware
division of Briggs Manufacture
ing Co.
cleo n. Dine. as assistant dis
trict manager. takes charge of
outstate Mich gan sales for
Hiram Walker, Inc.
sJ. j. Macy has been named
assistant district manager for
the Detroit area for Hiram
Walker.
Detroit evening times., 1944-12-28
Manpower Obstacle

This leaves about $4,000
of all varieties to be manufac-
tured in the last half OF l945.
That is, if manpower require
ments can be cleared through
the area Production Urgency
Committee.
To get this clearance for the
final half of next year, manu-
facturers must get their man.
power okayed very soon. The
lead time on truck production
is high.
This practically rules out De-
troit manufacturers from the
last half of the year. From the
way things stand now, Dodge.
GM truck, Federal Mogul and
others stand little chance Of
getting the okay.
II does leave the way open.
however, for expansion of truck
manufacture in the last half if
the war picture should change
quickly. Then the tire situation
would improve and all would be
well TO bring out the $4,000
more trucks.
Detroit evening times., 1944-12-28
Sound Money
Meaning Told
BY LEWIS HANEY

Professor Of Economics, New fOrs University
a Los Angeles reader asks:
what do you mean by
sound system Of money and
banking? You often use that
phrase"
Answer: I mean a system that
will work in democracy among
free people who can buy and sell
as they choose without the gov
ernment running business and
fixing prices. Such a system has
two main bases:
There must be a standard
money tSay dollarS) that (a) has
a free and objective market value,
which (b) is stable, and (c) not
dependent upon political control.
Such money can exist only when
ii represents some material which
has free market valae of its
own.
= Banks must be run on free
commercial principles, and not be
the mere tools of politics which
have as their main function the
carrying Of government bonds
(debt). Sound banks make the
bulk Of their loans for economi-
cally productive purposes, as is
usually the case when honest
individual businessmen borrow TO
make profits. A good test is, are
loans connected with the produc-
tive use of capital, and do de-
posits represent such loans?
A general test is whether
bank checks call for the pay
ment of standard money as
defined above. The reserves of
banks must consist of such
money and be as large as ex-
perience shows is required 10
MAINTAIN CONFIDENCE AND
.SOLVENCY WITHOUT Gov
ERNMENT COERCION OR
PROPAGANDA.
Detroit evening times., 1944-12-28
Oil Reserves
Unchanged

NEW YORK, Dec. 27-Crude
.ol reserves Of the United States
below ground viii be about un-
changed at the end Of 1874 as
compared with d year earlier,
petroleum industry geologists
estimate. They place oil with
drawalS during 1914 at 1,6S0000 o.
600 barrels, the largest for any
year on record and an increase Of
u per cent over l9i3.
Al the start of the current year
proved crude oil reserves stood at
20,o64 100000 barrels, equal TO y
years supply. the lowest total in
relation TO demand in many years
Detroit evening times., 1944-12-28
Grains
Irregular

CHICAGO, Dec. 27 dNsl-
Wheat closed unchanged TO sc
higher today after moving nerv-
ously within range of a cent.
May finished al Sl64.
Corn finished sc up 20 Sc
down after holding 10 narrow
range.
Oats closed &c up 10 &c down,
rye hc TO &c off and barley &c
lower to sac higher.
Detroit evening times., 1944-12-28
TELLS SIGNIFICANCE

The significance of them is that
they show the effects of artifi-
cially low money rates. These
encourage corporations 10 increase
their borrowings (as well as the
governmentD. They lead smart
businessmen to reduce their fixed
interest charges by changing high
interest bonds to low-interest
bonds, or TO stocks.
As usual. this trend gradually
affects stocks as well as bonds.
and the new equity issues are
growing. This is part of the
general imitation.