davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1944-07-06

cipal Stadium Friday evening, July 28 and weather permitting the non- title go should set new attendance record locally.
 Mulligan earlier in the week signed Pep, but met an obstacle in signing Constantine. but this bar rier was broken down this morn- ing and the contract signed.
The Waterbury Democrat., 1944-07-06

Pvt. William Sullivan son of Mir. and Mrs. Dennis Sullivan of Marion Conn, and Waterbury who is reported to have been wounded in action on D.Day. Pvt. Sullivan is now in Q hospital somewhere In England with wounds of not too critical nature.
 Pvt. Sullivan is a nephew of Rev. William R. Mccarthy, Waterbury priest informed by tn eJaps in the Philippines. His father is associat- ed, in Waterbury, with the M. J. DaIy 6 Son, Inc. Three other sons of MT. and Mrs. Sullivan are in the armed forces.
The Waterbury Democrat., 1944-07-06

Private Gordon D. Wing of Wa tertown is serving with P-38 Lightning fighter repair crew in England.
The Waterbury Democrat., 1944-07-06

Staff Sergeant Joseph A. HFicke Of T0rringt0n, Wla0 once escaped from . German prisoner. Of var camp, was killed ln action ln Italy May %, according to 6 War Depart ment telegram received by his moth. CT. MFg. Veronica HTick0. He had been previously reported as missing ln action.
The Waterbury Democrat., 1944-07-06

Carl F. Zooleck Of S4 Marlboro street has been commissioned . flight officer at the Mariana Ar Field. Fla. The son of MT. and Mrs. Thomas Z0oleck, he attended Cross by High school and Duke university, Durham, M Q.
The Waterbury Democrat., 1944-07-06

Corporal Edward A. Roy, son of MT. and Mrs. Arthur Roy of 34 Ter race avenue, has completed a fur- tough here and has resumed army duties at Kissinnee, Fla.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Farmers M arket

FRUITS-Appcs BaidwinS. No. 1. 81 500
es 4s.ie 5u Delicious ,ssl,,r No 81 so 80, 90
2 So ASH hu Mcintosh. No /. 50 25-2-es
2Is b. s NoTSnem g. sPys no - 81 4 20 ba
Steeis Red S26s Ash bu Wealthys, No
I S2a26s Ash bu Wolf River. No. 1,
S2@2 so 45-lb. hu. Pears. Kleifers. No. i.
VEGETABLE GREENs-csbossc Greens. Nc
J. 75cmSI ou. Collards No |. SIC so
Ksle No. l. tl@l.2S bu Lceks', No J
81 lsiS. bG. Swiss chad, No l. $50 SC
Turnip Greens. No. sisi.so b. ,.,..,
f fsSss 81 500 oa No S@ J. 81 7Soa E,es
No So %, Lay by L. HGsa l' ssc 20
Romsine 40 /. aoca$i Is bu
VEGETABLES Misc v,,Beeis' Ne q 500 5s
Broccoli No. / $50 SO bu Cabbage. No
! e5@sse. Sob sv red. No ! 81 ,,, SO e b.
S Ne oo9 S DE bch Sa oS Ssso No 0lnisfs
IS bu Caulifowen fancy. Si.75 bu. No
! 81 2s@i SO. Celery. fancy: 7see $
81 81 soS "a d5l o. behs HoTse-radIsh, s2s2 50
s so.o ''s sses S 80 I %saia% 81 aoS IS
Pafsaips! No T. s2a2so buT Parsley root
~ /. SOC 75e dot. bchs Peppers; red
,,sest no /. slgi so eu; ,Fr..sIn No, 81
sa PUMPKINS No ! soa7sc bu Rsdishes
red. Ne Slal 40 dor bchs. Ions white
M 7scasi IS doS bchs hgthous 81
f2 ss s sl'ei 81 as 81 Sa soo, sS
Table Queen. No l. 9ocgsi 25 bu Hub
bard fancy 81 so bg No 81. Sc 81
Tomatoes ho'hOuse ~. ] 81 Is s-o bsskel
Turuips No Sioi2 IS dor bChS TOPPED
fancy 81 bu. No / 81 ss@l.75. Vegetable
oysters 10 1. 81 dor hchs
EGCs-Lsrgs. si7Gls 3o-dor ease; me
dun. Sl5@15.eo. small. si3.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Michigan Bank
Plans 10 Move

G II Zimmerman, chairman Of
the board of the Michigan Bank,
announced today that arrange
ments have been completed for
the occupancy by the Michigan
Bank of the first two floors Of the
building on the northeast corner
of Woodward and Congress street,
one block south of city hall. This
building has been known as the
Guaranty Trust Building for many
years but its name will be changed
to the Michigan Bank Building.
At present the executive efffecs
and downtown branch of the
Michigan Bank are maintained in
the United Artists Building. Fur
Their service is provided through
three branch offices. Under pres
ent plans. the Michigan Bank ex-
poets TO occupy the new quarters
about March !. 1945.
Zimmerman stated:
This expansion move II nee
essary because of the growing
number of Detroiters who are
using the facilities of the Mlchi-
gan Bank. With a larger. more
convenient location we will pro-
vide more adequate downtown
banking accommodations for in
dividual Detroiters, particularly
In the expansion which will
come In the postwar era"
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Three New Firms
Formed Here
Two Outstate Also
File TO Incorporate

LANSING. Nov. II (UP)-The
Michigan Corp. and Securities
Commission today had announced
tha, articles Of incorporation have
been filed by the following firms:
The Earle Western Equipment
Co. 1891 fireman. Detroit; John
r. Earle. Birmingham, to deal in
construction and maintenance
equipment So Q44 common stock.
Precision Metal Co, Grand
Haven; Nylc A. Eggert and Milton
l.. Eeccrt, Muskegon Heights, and
John II. Lang. 10 deal in metal
products: $4,000 common stock.
Refuse Service, Inc, Battle
Creek. Robert \. Sergeant and
Russell Snow. Battle Creek, 10
conduct garbage collection bust
ness; $4,000 common stock.
Rogers and Associates. Inc, 234o
w. Grand Blvd. Detroit; John T..
Rogers, Jeremiah a. JanlSSe, and
Harry 3. White, Detroit, TO design
and manufacture tools and ma
chincry; $4,000 common stock.
Tony Boy Co. Inc, 1881 Ora
tiot. Detroit Michael +, Walsh,
Benjamin +. lion and James A.
Manning. Detroit. TO manufacture
and sell Tony Boy mechanical
ponies, tanks and airplaneS;
$4,000 common stock.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Detroit Traders Assn.
To Hear {. {. Parsons

The Security Traders Associa-
ton of Detroit and Michigan will
hold their annual fall dinner meet
ing at the Penobscot Club on Nov.
II, 1914 at $50 p. m. with Edward
F. Parsons Jr., president of the
National Security Traders Asso-
citation, as principle speaker. Par
sons is a partner of w. j. Mericka
e. Co. of Cleveland. r. c. O'Don-
nell is in charge or arrangements.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Sees Wide Stock
Fluctuations
No Normally Until
I948,' Babson Says

WELLESLEY, Mass. Nov. IL
OUP)-Economist Roger w. Bah
son, who accurately predicted the
1929 stock market crash when the
bull market was at its peak
warned today of great market
fluctuations during the next four
years"
In a prepared statement, the
1910 prohibition candidate for
president said:
= 1--WE are entering a period of
great surprises, revolutionary
changes and wide market fluc-
tuations." He added that mo
normally will be seen before
l948."
Babson predicted that the stock
market soon would witness both
communistic scares and specula-
tive booms.
1.-THE commodity markets will
be threatened with deflation In
connection with raw materials"
he said. "but they also will be
threatened with initiation In the
case of manufactured articles.
Though peace will surely
come during these four years."
Babson said, 1.-THE fact that Mr..
Roosevelt will not run again
will make him reckless without
regard of the political conse-
quences."
Due TO the wide market fluc-
tuations, Babson advised that
stocks, bonds and commodities
should be neither purchased nor
sold without most careful previ-
Gus study"
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Tax Expert
Management Group
to Get Lowdown

Under the auspices of the De-
troit chapter, National Office
Management Association, Theo-
dore n. Vein, chief of Withholding
tax. Internal Revenue Bureau,
will discuss changes in the Rev.
enue Act as pertaining TO with
holding taxes at luncheon meet
ing to be held next Thursday IN
the Crystal ballroom of the Book
Cadillac Hotel.
Non-members are invited and
may make reservations by t4e-
phone with Miss tombstone, Re
1-Sl00 not later than Nov. Is.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Briggs Mfg. Net
Gains Slightly

Briggs Mfg. Co. and domestic
subsidiaries for the quarter ended
Sept. 30 reports a net profit Of
S1.343,659 equal to 90 cents per
share, as compared to S1,324,436,
or 6S cents a share for the same
period year ago
The net profit is after federal
taxes. postwar adjustments, and
provision for renegotiation of war
contracts.
BRIGGS nine-month net equaled
81 042 300, or S207 a share against
$3,744, 740, or S192 a common
share.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Early Alcohol
Holiday Rinted

WASHINGTON, Nov. II 49, In
addition 10 a whisky holiday in
January. indications are that the
WPB viii permit an industrial
alcohol holiday early in 1915.
This would enable producers Of
commercial alcohol 10 divert all
or a part of their production 10
civilian use and would relieve
the pinch OF perfumes. VarnlShes
and other civilian needs.
Announcement Of this additional
alcohol holiday is expected from
WIPE within tho next few days.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Joint Conference

The Detroit Businessmen
and Educators Joint committee
announces that the second met
ropolitan conference on CO.
operation between industry and
education Will be held next
Thursday at 6 p. m. in the
Book-Cadillac Hotel.
Presiding officer Allen Grow
reports that guest speakers will
be c. E. Wilson, president of
General Motors. on How We
Live" and James 3. Edmonson,
Pm. D., dean of the school of
education Of the University Of
Michigan. on Citizenship"
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Lightweight Cars

American Car and Foundry
Company is cooperating with
the Aluminium Corporation of
America in the construction of
Is aluminium alloy hopper cars
for the Missouri Pacific.
The cars will weigh 10 tons
each and carry 76ls tons with
out imposing any more weight
on the axle and without requir-
ing any more locomotive effort
than a steel car carrying a load
OF only 70 tons.
In a 100-Car train that would
mean $50 extra tons of coal
or ore.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Cost Talk
Accountants to Hear
Robert w. Peden

Robert w. Peden will address
the National Association of Cost
Accountants next Thursday. at
$50 at the Detroit Leland Hotel,
on the subject "Organizing a
Business for Cost Reduction"
Peden, after graduating from
Hiram College. attended the Co.
lumbia University where he OBJ
tanned an AM. degree.
He has been associated with
such firms as Muller Brass Co.
General Motors of Canada. Tivoli
Brewing Company. and is now
controller of the Brown Fenc"
and Wire Co. of Cleveland.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
What sNew
In Business
lMultiple TananeY
Seen for Bic Plants
By WARD SCHULTZ

The Smaller War Plants Cor
poration'S solution 10 the prob
lem Of disposinE Of huge plants
built by DPC for war produc-
ton is Multiple Industrial
Tenancy and NJ A. Holmes,
regional SWPC director, pre-
sents a convincing argument
for il.
lie recalls such successful
ventures along these lines As
Bush Terminal IN New York
city ana AruoSkCag Industries,
Inc. ar Manchester, y II,
Most businessmen recall the
collapse Of the great AmoSkeag
Mills and how multiple tenancy
of lis great buildings gave this
New England community a new
lease on life.
Holmes pointed out that there
ere 10000 acres of manufacture
ing floor space owned by the
government and, in justification
of IFS creation, points 10 the
fact that y por cent Of our war
production flows from these
plants.
While big plant usually
takes a big firm TO operate II,
such plant is usually designed
for the specific Job 10 be done
and located near raw materials
and as close as possible 10
markets.
But Holmes points eat that
there are frequently small buSi-
neSSes in the adjacent territory
which need and could utilize
modern quarters effectively.
He concluded with the warn
Ing, however, that while SWPC
can give financial aid in con-
verting these plants, that in
some cases giant factories
cannot practically be con-
verrcd INTO Industrial apart
ment houses.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
GIN 10 Reduce
.V-Lodn Credit

NEW YORK, Nov. 1l-General
Motors Corp has arranged TO re-
duce TO $500 100000 from $1,000
100000 the revolving bank credit
which has been available under
its V-loan credit agreement, AL
fred p. Sloan Jr.. chairman. an
nounced
The cut becomes effective Jan.
81. l945.
Sloan recently revealed that
General Motors has sufficient cash
resources TO finance reconversiop
without borrowings and the re-
vision of its V-loan credit affords
further evidence of the compaRy-S
comfortable financial position.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Big Board Listing
Asked by Auto(dr

NEW YORK. Nov. 11-Autocar
Corp. has filed an application with
the SEC for registration of COM
mon capital on the New York and
Philadelphia Stock Exchanges.
The company is also filing appli-
cations for listing with these ex-
changes.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Detroit Underwriters
To Meet Here Nov. I

II. Bruce Palmer, general agent
of the Mutual Benefit Life lnSur-
ance Co, Flint, will be the guest
speaker for the Detroit Life I'M
derwriters Associations monthly
luncheon at the Book-Cadillac
Hotel. Friday. Nov. II. His topic
Will be Aggressive Optimism"
c. Carroll Otto general agent of
the Mutual Benefit in Detroit,
will introduce Palmer, while Lantz
L. Mackey of Home Life Insurance
Co. and president of the Detroit
Underwriters, will preside.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
PART OF PROGRAM

This is essentially part OF the
deficit financing program. The
policy, according to this argu-
ment. would be in high favor with
any government which had pub
lie debt that was greater than II
could reasonably be expected to
carry.
Again il will be observed that
according TO this argument the
easy-money policy is closely asso-
ciated with one Of the main
causes of initiation, namely an
excessive public debt.
The third argument for the
easy money policy is that it is
part of scheme of social control
by which the state. through ma
nipulating credit, can manage the
economy. The scheme may be linn
tied TO one of ironing out business
cycles by alternately raising and
lowering money rates. Or II may
be conceived of as a sort of con-
tlnuous control, tosbe exercised at
will, regardless of business cycles.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
B & O Accepts Note Bid

NEW YORK, Nov 1.-The
Baltimore & Ohio Railroad has
accepted q hid by the Philadelphia
National Bank Of a les per cent
interest rate on S706. 500 equip
mert notes. payable in 30 quar-
terly instruments. Roy b. White,
The roads president, has an
nOunCpd
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Canadian Oats Tax
Cut 10 20C Bushel

NEW YORK. Nov. Cana
dian wheat board has announced
that the Canadian oats tax. which
Will be IN effect today Toy ship
ment out Of Fort William anc
east. Will DC reduced ! cent q
buShcl TO 20 cents. Export offer
ings Of wheat VIII continue un-
changed.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
More Shoes
OPA Eases Ration Rules
on Cheap Footwear

WASHINGTON. Nov. 1l--Be-
cause Americans won't spend ra-
ton points for cheap shoes, the
War Production Board has re-
Taxed regulations TO permit the
making of better grade footwear.
The action is expected TO bring
10 market more shoes selling
around 81 for men, So to $3.50 fol
women, and S2.75 to So for chill
dren.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Easy Cesh-ins Stay

The report swept financial
circles Friday that war bond
redemptionS have scared TO a
point under the treasury S
sinplfied redemption plan, that
serious consideration was being
given 10 its abandonment.
However, late in the after
noon. the treasury issued a
statement eH4Phatieaffy denying
that any such move was even
considered.
"There's not word of truth
In such reports" a treasury
spokesman said.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Rail Freight Sag Due
With Peace in Europe
LETTERS Sees Brief Rise in Passenger
Revenues. but Asks Legislative Aid
BY MERRYLE STANLEY RUKEYSER
international News Service Economic Commentator

Victory the European phase of the Axis will be followed
by immediate Shrnkage this country the volume of freight
traffic but not of passenger service.
This expressed by w. NJ letters president Of
Pacific Railroad oneme rubber Washington
letters questions talked with his accustomed candor
conditions trends wartime railroad
taton.
think" LETTERS declared "here
immediate etdown rail freight traffic
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Mission Corp. Net Dips

NEW YORK. Nov. 11-Mission
Corp net income in 1914, in re-
Election of larger dividends re-
ceived on its holdings of Sicily
Oil Co. and Tide Water Assoc
ated Oil Co. common stock, will
show an improvement over 1915,
il was announced today
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
75( Dividend Voted
By Allen Industries

Allen Industries Inc. has de-
clared a dividend of - cents. pay
able Dec. TO stock of record Nov
"a. The previous payment was a
like amount Dec. 6. 1913.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Tie-in Sales Barred

LANSING Nov. 11-Lansing
area OPA officials today warned
stores against tie-in sales under
which customers must buy extra
merchandise to get cigarets. A
survey revealed that 10 stores
were selling cigarets in this
fashion.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Earnings
AnI InIRN NAIINAI GAs

SOI tHIRN NATURAL CAS-
Twelve G.0r'ns ended sept 10.
1914 1913
Sac ir-rr.t S1GltAlq S2622 066
~.sr CauluFs 81 s. 81 SO
PITTSION 90.
Nine months ended Srf' 80;
f4aG 1919
Set profit seas OIL 81 05i sO7
CoCA-CutA INTIKNATIONAL CORP.
Q.afs. tuGte Sept 80
f4at 1919
srf rrrff sseT rf2 Seg3 80
au.r share earnings S4s4 81 "a
eTANDARD on ca. OF ONO
Nine months ended Seyf 30
le4f Tq47
Ns, p--rt SE327 sea s352s $40
Common share esrninrs S5o3 "a o.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
RECALLS REPORT

Asked whether the wartime
railroad experience would teach
anything in the way of operating
technique for the postwar period
letters recalled that. in discussing
phases of this subject with me q
year ago, he had pointed out:
"NO new or previously un-
known technique has been de-
veIOped I'm railroad operations
out OF wartime experience, but
an amazing job has been done
in keeping the ranks of en-
ployes filled sufficiently to keep
the traffic moving In spite OF
the record volume of traffic. a
manpower shortage primarily
caused by constant shifting of
employment, and absenteeism
at its height"
LETTERS further commented:
"The only addition that I
would make to that statement
would be to express my thanks
and appreciation to. the large
number of employees who have
stuck to their jobs throughout
this trying period and proven
their patriotism no less than
the men on the fighting fronts"
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Cleaner Offer Closed

NEW YORK. Nov. IF. Eber-
stadt e. Co. announces that the
public Offering of 1853 shares
of common of Cleaner Harvester
Corp. has been oversubscribed.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Franklin Stores O1erino

NEW YORK. Nov. ia bank
ing group headed by Van Alstync,
Noel e. Co, is offering 100000
shares of common stock of Frank
lin Stores Corp. at So per share.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Life Agency Cashiers
Set Assembly Date

The Life Agency Cashiers Asso-
citation Of Detroit and Windsor Will
hold its regular monthly meeting
al the Norton Palmer Hotel,
Windsor. on Wednesday, Nov. Is,
at s p. m.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
Easy Money
Defined
Declares II Forces
Low Interest Rates
ByLEwIS HANEY
Prof OF Economics, New YORK University


What is the easy-money policy?
II is a policy adopted by the gov
eminent which has as its chief
manifestation the artificial main
tenancc of low interest rates
particularly in the market for
short-term loans. When the gov
eminent purpoSely does things 10
the money market which force
interest rates 10 lower levels than
they would otherwise be, il is
presumably following an easy
money policy.
At the-present time, as for a
long period, our government has
maintained short term money
rates al extraordinarily low levels.
For example. call money is at l
per cent and commercial paper at
3. per cent.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
VARIOUS METHODS

The means used TO carry out an
casy-money policy may be varied
Suffice it TO say that probably
the chief means ordinarily lies in
open market operations the
government buying bills or other
government securities when II
wants 10 put money in the market
and thus reduce the interest rate,
or selling such paper when il
desires 10 obtain the opposite
effects.
The point which is of main in
terest, however, lies in the ques-
ton of what are the purposes or
ends of such a policy. In other
words. what are the arguments in
favor of the eaSy-money policy ?
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-11-12
NEED LEGISLATION

at this transitional period, need
new legislation, LETTERS said:
There are two pieces OF
legislation which. in my opinion,
ought to be enacted:
A THE Born bill, which
"A would repeal land grant
rates and which passed the
House by the overwhelming
ma jority of 236 to is and which
Is now i'm a subcommittee of the
committee on interstate COM
merce.- -Senate---
D-"LegisIation which will
- enable the railroads to
cooperate as between them
selves and with the Interstate
Commerce Commission in the
fixing of rates, in effecting
economies and providing ade-
quate service, without subject
ing themselves to the Sherman
antitrust law under which a
suit has recently been instituted
against them by the attorney
general.
WOULD EASE TAXES
"Other than these and legis-
lation under which railroads
would be exempted from the
payment of federal income
and excess profits taxes on
sums set aside with which TO
rehabilitate themselves, I have
no thoughts on the subject"
letters. in further clarifica-
tion of the need for postwar
physical rehabilitation of the
railroads, said:
"On Oct. IS, 1913, I stated
to you that due to shortage Of
manpOwer and material and to
the greater-than-nOrmal physi-
cal wear and tear due to heavy
utilization under the current
volume of traffic, railroad
maintenance il suffering, and
obviously there are no prospects
for the railroads to take advan-
tage of their higher earnings
during this period by advancing
their maintenance programs.
BEST POSSIBILITY
"And thus the best possibility
for the future seems to be I'm
the modification of the income
tax law which will enable them
to set up reserves with which
to restore the service life of the
properties. Beyond this there Is
the element of Obsolescence
which may develop rapidly after
the war, but for which no pro-
vision has been made, without
which 1 do not believe the
railroads will be I'm position
to be substantial buyers OF
equipment and capital goods.
"The same situation prevails
today in all respects. I would
say, however, that for the ex-
penditures being incurred and
except for the ineffectiveness OF
maintenance labor working
under extremely heavy traffic
interference. maintenance In all
respects could have been ade-
quate.
CORRECTS IMPRESSION
However, let me correct the
impression. II you entertain II,