davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

Extension into the Philippine is
lands of the work of War Prison
ers Aid of the Y.M.C.A., a par
tictpating service of the National
War Fund, was announced Satur-
day by j. B. Huntington, general
secretary of the Wilmington Y. M.
CA, upon receipt of report from
the organizations national head
quarters in New York.
Definite information that the
Philippine islands have been
opened to Y.M.C.A. representa-.
tives in the Far East was brought
to the United States by Hugo Ced-
ergren, of Sweden, Associate Di-
rector of the War Prisoners Aid.
who arrived from Europe last
week. The neutral War Prisoners
Aid delegates in Japanese-occu-
pied territory are all Swedish, and
it is through Sweden that news Of
their activities reaches this coun-
try.
No time will be lost in sending
Y.M.C.A. delegates into the Phil
ippines to help meet the recrea-
tional, educational and religious
needs of the prisoners of wa-
there, Mr.. Huntington was ad-
vised.
Mr.. Cedergren also brought first
hand information about American
prisoners of war in Germany. He
visited prison camps there and
talked with Americans as recently
as last November.
II can honestly say from my
own experience that the spirit OF
the American prisoners is excel.
lent" the Swedish delegate said
Thy are being treated correct
ly. Any shortcomings are due to
the scarcity of certain items in
Germany, and not through lack OF
desire of the military authorities
there to live up to the terms Of
the Geneva Convention of 1929"
Mr.. Cedergren described two
camps which he visited before
coming to America. Stalag Luft
III, where air force officers from
the United States, Britain and Can
ada are informed, is divided into
six compounds, which, when full,
will each contain 400 men. They
are housed in one-story wooden
barracks, and sleep in double-deck
hunks of a somewhat primitive
type. The camp, like all others, is
surrounded by barbed wire >,
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

withdraw much of their air strength from
the Marshalls to replace heavy air losses
elsewhere or had not sent an adequate air
force there, leaving this operation to such
time as they had completed their conquests
in Asia and were ready to turn their atten-
ton to the United States. However this may
be, air resistance thus far has not differed
from naval resistance, in con-
sequence of which the American invasion
forces have reached all detectives with little
effective opposition.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
YMCAExtendS Prisoners
Aid Into The Philippines

The two American senior Off
GERS at this camp, Col. Delmar 7.
Spivey and Col. C. G. Goodrich,
were highly praised by Mr.. Ceder-
gren. They are respected by the
German authorities for their forth
right stand for the welfare of pris-
oners in their camp, he said.
The othe- camp, Stalag lib,
holds about 5000 American enlist
ed men, most of whom were taken
prisoner in North Africa. OF these,
about 1900 are confined to the
camp, and 1,400 are in working
attachments.
The whole atmosphere of the
camp is good and the morale of
the men excellent" Mr.. Cedergren
said He commended Sergeant
Clyde M. Bennett, the spokesman
for the Americans, as being ex-
ceptionally able and .well-liked.
This camp, he said, has the best
library of any camp he had Wis
tied, and a camp chapel which
the men had decorated beautifully
and in which they take much
pride.
Education classes, music and
the drama, and indoor and out
door sports are flourishing in both
camps. OF the officers at Stala 2
Luft III, the majority are attend
ing classes, studying languages,
engineering, agriculture, account
ing, and many other subjects.
II can say for the representa-
tives of the War Prisoners Aid of
the Y.M.C.A. in Europe that we
will leave nothing undone to con-
tinue providing the men in these
camps with the supplies needed
for those activities that make their
life in the prison camps bearable
and even in some respects profit
able" Mr.. Cedergren said.
Tribute was also paid by Mr..
Cedergren to the work of the In
ternational Red Cross, which, with
the aid of the American Red Cross
and other national improvements.
provides material relief for pris-
oners OF war. With prison camp
fare supplemented by Red Cross
food parcels which they receive
regularly, the American prisoners
IN Germany have enough to eat
and the right kind of food, he
said.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

10 permit householders to 49,.
row against next March and Apri,
stamps if they had the opport,,ni-
ty of making farm purchases v,ho-
the supply of country slaughtered
meat was at its peak
Stamps AS through Ms, officials
continued, will begin to come intS
regular use February 27 for meats
fats and cheese in retail stores ana
will continue in April. Housebo1S1
ers. therefore, should anticinats
their needs for "red stamp, 49,
during the 10 weeks these stamps
will normally be valid and shouts
not spend all Of them, it was Sly
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
At The Intersection

BY and large. Wilmington motor car drivers
are giving pedestrians right-of-way at down.
town signa1-protected intersections The long
paper is beginning to get good results. But
there are still some-really too many-persons
behind the wheels of autom obles who either
press an unlawful way through groups of pc
destrians or stop so close and so suddenly
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
Validated Red Ration
Stamps Not Bonus But
Accommodation Loan

Because of the reported misbe-
Lief that the 120 red ration points
recently validated by the OPA in
advance for direct-from-farm pork
purchase is "bonus," the New
Hanover War Price and Ration
ing board emphasized Saturday
that the special valuation was in
the nature of an Accommodation
Loan against the future:
The intention, officials said, was
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
PLAN APPEAL

NEW YORK, Feb. .5-lR-A U.
S. circuit court of appeals deci-
sion that there is no discrimina-
ton in draft boards setting sepa-
rate quotas for whites and Negroes
will be appealed to the supreme
court, Arthur Garfield Hays, coun-
Sci for the American Civil Liber-
ties union, announced today.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
PORTRAIT OF SOME PEOPLE WHO SAID:
! can't afford to buy an extra War Bond!'

MIGHT CLUBS TANNED to the doors ..
~ theater tickets sold out 10 weeks in
advance :. stores packed with eager shop
pers and still you hear people say, Il
simply can't afford to buy an extra War
Bond!"
There's more money being made =. and
spent on entertainment than ever be-
fore in history! So instead of pretending
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
Fair Enough

Editors Note.-The Star and the News accepts n
responsibility for the personal Vows Of Mr.. PexIer.
md sften disagree with them much many Of
his readers. His articles the good purpose Of
making people think.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

Seventeen pounds OF saved kit
chen fats will provide one and
one-haf pounds of glycerine,
enough to fire IS anti-tank shells.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

you're broke. >. run over your resources.
check your budget g. and see how easy it
is to come up with an extra $780,. or
5000 -. or $500. or even $500 . for
War Bonds.
Maybe you will have to cut down your
living expenses but your money IN
vested in War Bonds will help get our
boys out of fox holes!
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06

objective, to be taken by storm
or merely sealed off.
The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, 1944-02-06
Our Chief Aim
To aid in every way the prosecution
the war to complete Victory.

the war to complete Victory.
THOUGHT FOR TODAY
The family altar did as much to make
America free and great as any influence
Of our life. and the family altar will do
ideals than any other institution.
Daniel A. Polling
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Surplus
Property Bill

WASHINGTON. Sept. 1.-THE
Surplus Property Disposal Bill
agreed to by a joint House-Senate
conference committee is scheduled
TO come up on the floor of the
House Monday.
The conference deadlock Of this
phase of the rehabilitation legis-
lation pending in Congress was
broken when a compromise was
reached on the Senate proposed
freeze of strategic metals owned
by the government.
Under the terms of the COM
promise, these metals are TO be
held off the market for at least
ID months after they have been
declared surplus. The Senate bill
had provided that the government
stockpile this surplus indefinitely.
Chairman Masasaco Of the
House conference committee said
ii is planned TO file the conference
report with the House on Satur-
day and then call it up Monday
for action.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Our Bond Record

United States savings bonds
defense and war; Series f. +
and G. were first offered on
May J, 1871. Since that date
through Aug. 81, 1914, total
amount issued tissue price plus
aCcrual of redemption values)
aggregating SIC, 1858, 100000.
Redemption Including incre-
ment in values through July 81.
1914. total $3.50 600. 900, or
9S2 per cent of total amount
issued.
United States savings bonds
defense and war; Series L
total amount issued tissue price
plus accual of re d mption
Values) aggregates S26. 189. 000.-
600. Redemptions Including in
Crement in values through July
81 1914. total 1921 900. 900. or
1851 per cent of total amount
issued.
A recent study made by the
treasury department disclosed
that more than 50 per cent of
the redemptions Of Series f
bonds were necesSitated by ILL
ness.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Stocks Down
Second Day

NEW YORK. Sept. IA tINS1-
Leading stocks were off fraction
ally today as the Wall Street mar
ket extended the reaction which
got under way yesterday after two
days Of advancing prices.
The market opened with a
burst OF activity resulting in a
first hour volume of $4,000
shares, the largest for the period
so far this month. Nearly 700
different issues were traded by
noon. After the initial surge the
market slowed and few stocks
pared the days extreme losses.
Allied Chemical. American Tele-
phone, and Douglas were a half
lower Chrys Ter. Montgomery
Ward and Woolworth were off as
much. Johns Manville dipped l.
Most coppers and rails moved mar
rowly. Bethlehem Steel held on
TO a small gain while L. S. Steel
eased. Gulf Oil saeged more
than a half. L. s. Rubber re-
gained a small opening loss. Atchi-
son slumped s.. Farm and cleo
trical equipments. amusements
and food issues were dull. De-
faulted rail bonds were lower.
The curb market was fraction
ally lower.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Priorities

re pr'-ui' rc10nsl office 70 he Wsr
1duf'lun Board announced today tle 'oIoH-
ir url0uIfs actions
CHr PEG tmendec Clsrnes anc
trriteH schedule
Cap REG Or SO Illumination O.
ifut IN uflCf aluminium - allotted
l--nl. amended House Trailer and ~
-anurie v.sLe Iionaez E1z.a.-is-------.--
TT1 ~ E-'h. lFec Quantities fpr. hcs ~
irf f1r res -iCts use ~ material o. r-H-
fllint rrzf-ir'r delivery provides fr ra-
fnlolt ~ restrictions t1 conform VII g..
s-~.1r< rr---.rs' C--r Fe..
'-..s .rc rs..asH5 Pros
NrH .et.u..4cra ts c.-fr.-
1855 o.. Permit reresus, n, ee,.
-s.t i-r1f' 7- -rr'rttFc slc
r49 gr ned ..-isr ~ --,~s ,,s.
% t-----r7-0-f re-I-rs sf,fnce r4.
rrr ..rf g. 'at f.t'
elarsl q, lsfs tn- 9e- l,1t 10 tht
H.ss smsu-sc Cl.-sre Fts- c--ssss
tara srf Col-sFt rr. exceptions o.
ff..r.ft-ls .r rrtrs...re rt sHfr rr tsrf o..
fre sIf l-t| .t rfr'.wf wIHI.l and
re-is-r -0sfric'.lrt cl Use 60 Amman reup
ire fDer
H.slz trs--ec 'c-r VAR f1f Pro
lrA p rfitf uss 70 90 .clf and Cft.r
Cl.f ft~1 if mar ffdr'lft rf certain srt..
genfrsAv feYisei order
Frf further teta... r..ftr' Epp -".H
y locrs-1 avenue r i0us -1nlft $4,000
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Auto
Graphs
Ford Feels First
AIrcrof+ Cutbock
BY SILER FREEMAN

DetroitS automotlve industry
today suffered IT'S first major
aircraft contract cuthack since
cuthacks began. II fell first on
tho Ford Co : aircraft division
In the department devoted 10
making tho turbo-suporcharg-
erS.
In comparison with the total
Volume Of aircraft contracts IN
this area the cutbaCk Was
slight. Tho original contract
GATED for a dollar volume of
$40 100000 Ninety per cent
Of the contract will be COM
pletcd. which means that the
total cancellation amounted 10
only about Sl7o00,000.
Raw Rausch. Ford executive
estimated that about 2,470 arc
employed on the turbo-Supcr-
charger and Of these 40 10 50
per cent arc women The men in
this department will be readily
placed tho women not 50 read
IL So tho manpoWcr pinch
VIII hardly be relieved by the
cuthack.
m C0COUTdEIUE feature Is
that tho government officials
and Ford agree that there Will
be little surplus Of materials
on hand when tho cutback takes
effect.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Finds Trade
0utIookGood
Nv LEWIS HANEY
Professor Of Economics \. Y Uni,snh'

Industrial production Judged by
the latest weekly data, Is OF but
utt,o. BusncsS or commercial &C
tivity d, bot Oft az an Meanwhile
tee end Of Tie war comes into
sight and activity TO arrange for
an orderly reconvcrS.oB speeds Up
indeed no whole picture would
bc mot had az an. If only there
were no serious social or political
uncertainties.
The foregoing paragraph is
pretty good summary Of condl-
tons. And If YOU feel as | do that
our social experiments are going
To come out all right in the end
you may be quite hopeful.
As 10 industry steel production
and civil engineering construction
Jagged bit The number al ar
dcrS FOR steel appears 10 have
declined. and the steel scrap mar
kct- 1uLned- a-hlI Snft-AR- index Of
electric power production was
slightly lower.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Utility TO Issue
.RefundingBonds

BOSTON. Sept. IA The East
crn Massachusetts Street Railway
Co. is filing with ICC an apphca-
ton for authority 10 issue s.. ESQ.,
900 general mortgage 4 per cent
bonds 10 be dated Sept. /, 1914.
and due March I. 1862.
The scale Of annual retirementS
set forth IN the lndcnture calls for
payment Of the entire issue during
the life of the bonds.
Underwriters of the proposed
now issue are r. S Moseley & Co,
First Boston Corp. and Kidder.
Peabody e. Co
Proceeds Will nc used 10 retire
s. $50. 800 existing bonds due Jan.
I. 1918 where caflable or TO make
a prepayment offer where nom
callahle.
The A.535 900 AZ per cent
bonds vii be called AT l03 as Of
Jan. J. l9i5, and a prepayment
offer viii nc made 10 the nom
callahAe S5lS 900 c 6S. tho S432.-
600 y IS and the S465 600 pre-
ferrcd + 6S.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Tin Can Campaign

A total of as Sunday news
papers IN key markets will
carry the greatly expanded
19if-45 Can Manufacturers In
sti'ute advertising campai gn ex-
tollIng the virtues Of the tin
can. beginning this month.
Theme OF the campaign on
behalf Of the tin-and-Stccl con-
taiaerS will be the fact that
both in war and peace no other
container protects like the can"
plus the four advantages Of
safety, economy. quality pro-
lection and convenience
Four-color full-page ads will
appear in the 20 papers carry
ing the American Weekly. IS
Sunday papers using Parade. j.
papers Of the Metropolitan
group and the New Orleans
Tincs-Picayune States. for
total Of III insertions during
the next SIX months.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
ABUNDANT SPENDING

AT least this shows that while
the increase in income is now
chiefly due 10 the expansion of
government pay rolls, partly on
account OF the armed forces, there
is plenty Of spending by individ-
uals at home.
Incidentally. The foregoing re-
lation between income and produc-
ton shows how the initiation
potential is building up.
Nevertheless commodity prices
receded last week. This was
largely caused by the realization
that war requirements are likely
10 fall off soon and that in some
cases SURPRISES will be large.
There was a good deal of liquida-
tion of grains and cotton. A move
10 encourage the movement Of
Canadian grain 10 us. and an in
creased cotton crop estimate. we're
factors.
All this emphasizes the prob
lens of domestic reconversion.
Moreover Gov. Dewey in opening
his campaign laid the emphasis
here. Accordingly, there came
sudden outpourlng of reconverSion
plans from Washington veri-
table political barrage.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15

FRUTTs-Apples. Mcintosh. fancy So 81
~ e o Ss-l DO ou. Nc D. sasaso ' woI,
River. fancy. 50 s7 4s-lb ou No SPA
SO crab apples S3s so ou Canialo.lpe
SO Pears. Bartlett fancy 81 % bu No
S3a3 so Stckcl 80. T. s2a3.SO bu.
Clamps Favorite fancy 50 bu No S3a
30 Peaches EI9eIts fancy 81 ou No. J.
- SOa3 Plums. Creenfarc fancy s. hu
80 / S3a3.5O Cranes Concord. fancy
'snc SO 3 so 50 = 80 bu Il si 5csa Water
melons Sla1 IS sob hu
VEGETABLE GREENS caoosfe greens
Kse 7se.s Is a. S Sa Lcss 5@iso So d." 1
ochs sorrel Si@i Is bu spinach fanc,
s. 80 m No 49, ,, IS I'm i.., Se
S. 81 SOC 70 bu. runi0 greens SO J.
LETTUCE HND SALAD GREENS celery
No !. 81 soa1 IS Escarole fancy, g. hu
40 81 sosi7S Head lettuce. 9c lb
LcAf-lfitucr- s2Lfc -ln-lh-- hAakGi--p Aa~.et
curly. 4ose5e dol ochs Romano. No J.
VEGETABLES MISCELLANEOUS Beans
freen fancy. 50 so ou No So So.
isDey s. ou 40 sac ) so Ilms No l.
secs bu blscssye No. 81 so@4 hu
K,ntucsy wonder fancy 50 bu No /, $50
,opped siei so "a. Broccoli. fancy. 50 bu
No 81 75s72s Csbbsfe No 0oC0
fl.2S SOLD bu red. 81 2Sa 80 ~ curry
81 IS nu Carrots. punched. zoo eoc DO
bchi topped fancy 80 IS gu 10 !. SIS
"a CsuhoWsr fancy 50 doz No. 81 so
"a celery. fancy soc doz. oens 80 !.
4oaeSc sweet corn fancy 81 S-doz sacs
No J. eoa9oc Cucumhers. slicers. 30.
81 $50 % hu Pickles dill. 30 l. 50 so
hu medium No Z S3a 80 ru small
80 s4ni hu Dil. TSCdti de- bcnS
Eggplant 75caS1 bu sfgp,snt. Ionr type.
40 SOC peek basket Horsefaeish s. peck
basket hirahi eOBTsc do3 bchs ONa.
So : 81 15s2 2s peck basket Dp onions.
fancy - 40 Sob sack No medium.
81 7s62 Green onions Nc eoNe0c dor
bchf Npsfsnips Nc S4A4 so bu. Parsley
bot eoa7a 80 dog bchs, PeppcrS. red sweet
fancy 8 so hu No t2'sO&S CAYENNE
SoaTSc pecE hssse' hot No ! aoca 81 '25
tu green Slm12r pa pmcntos fancy
Lro ru 10 tZf2 SO Potatoes ~
lava o. bu Pumpkins Slel Is bu. rad
ifhrf rod 30 I $50 zoe dol bchs. long
afl'r $50 Z Cs aOC dot bCns Rhubsrt
500 So dol hchs FufaharaS 81 so hu
lasH ~ ian fancy 81 foF1 rs peck has-
sC SO g. 7scnSi Is Delicious fancy -
ru NoHi. 81 2S@l s.. Table Queen aoc q
q ~ rt Hubbard 10 i7Ssl 50 bu
Z nstoes fsr-y 81 Is tu 40 ! 7Seati
fnnstoes 49, hsssei 'sncv 500 SC Tur-
nips NJ fiei2s IN bcfs torneo.
rGGs-L.IF, soeis so-oot case.
medium. 3 7rff
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Hudson Names 3

As part of a sales expansion
program already being developed
for the postwar period, three
new divisional sales managers
have been added 10 the field
organization of the Hudson
Motor Car Co. The appoint
ments ounce by G.. n
Pratt. Hudson's general sales
manager. place c. A. J. Hadley
in Chicago as sales manager of
the northeast division; T. J. Be-
quinn in Washington, D. c,
heading the southeast, and w.
s. Milton in st. Louis, in charge
of the southwest.
All three of the new division
heads are veterans in the Hud-
son organization. Hadley and
Milton having served as zone
managers in Milwaukee and 81.
Louis respectively. and Beguhn
as special factory repreSen-
tatiVe.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Off
At Close

CHICAGO. Sept. IA GNSl-
Grains were irregular today IN
fairly active trading.
Wheat closed &c 10 1%c lower
after generally ruling easy. Sep
tembor finished Al 81 .567s.
Corn. in which trading was re-
sumed for the first time since
June %. 1913. was fairly active
and closed sc higher 10 Inc
lower than the opening. Deem
ber finished al Sl07ss compared
with a ceiling level OF Sl-1Sl4 es-
tabhShed by directors of the Board
of Trade.
OatS finished 2tsc higher for
the September delivery and &c
lower to i2c higher for other fu-
lures.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
PittstOn Buys
Stock Control

NEW YORK, Sept. 14-Pittston
Co. and several of its wholly
owned subsidiaries last month
purchased for cash S5;345 publicly
held common shares of Clinchheld
Coal Corp. for S2,603,022, accord
ing TO an amendment filed by the
company with the SEC.
AS a result. Pittston now con-
trolls 81 per cent of the voting
power of Clinchfield Coal.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
What New
In Business
Micronatic Hone
OutIoos Seen Coco
By WARD SCHULTZ

Nicr0fratrc ftcf,e corp ~ p
leading manufacture o. horInC
,.,..,l.-s al, ans aAtlnes
,t.,g ..... L.....-
w '' NJ ''.'.''''-
tools ana replacement '7'' rs. -
wei situated 70 protf from The
l,rh rate az industrial activity
sr,,-.ns,o5 ALTON tho u-ar &C.
,. -. 49, -.
~ '''''- ~ q ~ .'''' ''''
@O''.Sl H''" - "' vol ''''''
demand Tor h!sa procession -AaH-
irc and finishing the CoUpanNS
growth during the past few
years has been substantial aS
evidenced les sales estimated al
approximately $4,000 600 and
net profit estimated al between
SSii ri t-tt-31 7rr1d Si.ttetd tor the
fiscal year ended July 81. last
Per share earnings on the COM
-r70r- or7tS 117urr1E N'o111u nc DC
tween 500 ana SS-@.
widespread acceptance Of
miCromatlc honing machines
and processes that has resulted
from their adaptahillty TO many
war uses should carry over into
peacetime manufacture and,
although volume is not expected
10 continue AZ the rate of the
past TWO years, II nevertheless
should be well above preVar
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
Wins Fifth Star

A fifth star has been added 10
the Navy e. burGee which
flies over the Detroit Die and
Machine unit of Fisher Body
division. The star is HE reward
for three years of sustained eN-
cellence in production of breech
housing mechanlsmS Tor > and
3-inch navy guns.
The ptant-waS- The first IN
Michigan and the first in the
entire automotive industry TO
win the Navy "E' in Aug. 194l.
II is enc of the few tn the IA
ton TO boast five stars.
Detroit evening times. (Detroit, Mich) 1921-1958, 1944-09-15
BELOW LAST YEAR

II is now clear that industrial
activity lS below the level of a
year ago The output Of steel IN
gotS and of lumber arc lower than
then. Railway car loadingS and
-eleetFie-Pette production arc also
lower the former chiefly because
Of declines in coal ore and grain.
This was 70 have been expected as
producers discount peace and pre-
pare to make the rcConvorslon
transition. There is a notable ten
dency 70 take in sail by Tightening
inventories. which often means
moro cautious ordering. This is as
II should he.
But while Industry" is off,
there are gains IN national IN
come and in total retail sales.
For example. July figures just
now available show individual in
comes to have been about 1913
billion. Apparently therefore
more money is being put out as
income, than is required by any
increase in production. And while
production" lags, consumption as
Judged by department store sales
seems TO increase. Bank clearings
are considerably above a year ago