davidaulloa/AmericanStories huggingface dataset:
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27

The Christmas program was well
attended at the school house Friday
evening considering the new snow
fall Santa Claus couldn't get there
but he sent word that he would
make an extra effort next Christ
mas. All the children received their
accustomed bag of candies and
other geadies and the grab bag
game was thoroughly enjoyed by
them and those not so young.
0. O. O'Clair, State Game War
den from Helena, Thomas White
and his nephew made trip to Mr..
Whites homestead at Sunday
Creek last Sunday inspecting beav-
er. They report that there was a
good eighteen inches of snow there.
They made the trip with pack
horses.
Wilma Rudolph, Pauline and
Thomas White, Jr., and Sally Ann
Martin weer absent from school
Monday on account of sickness.
Jimmy Gregory from Radnor at
tended the Christmas program at
the school house Friday evening.
AS this news is being written we
have new twelve inch snowfall
and still showing after let-up of
about eight hours.
Many thanks to the county for
blowing the roads last Monday.
Good news was received by your
reporter this week from Mr. and
Mrs. Bill Armstrong from Oak Har-
Dor, Wash. Bill just arrived home
from the South Pacific and is max
ing his first acquaintance with his
daughter, Beverly. Mrs. Armstrong
was former resident of Eureka
and will be remembered (before
her marriage) by her schoolmates
as Agnes Workman.
The Trego school house burned to
the ground last Tuesday night with
a total loss. We understand some
insurance was carried and cause
unknown.
Mr.. and Mrs. H. E. Watson and
daughter left for their home in
Spokane after few weeks visit
with Mr.. and Mrs Watson's grand
mother. Mrs. r. E. Watson.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
NOTICE OF SALE OF COUNTY
PROPERTY

Notice is hereby given that the
Board of County Commissioners Of
Lincoln County will on the 2lst day
of January, 1916 at the hour of 200
o'clock P. M. at the front door Of
the Courthouse at Libby sell at
public auction to the highest bidder
the following described property:
One 1926 80 H. P. gas tractor
I appraised price $4,000 Ceiling
price 100000.
The tractor may be examined at
the County Warehouse at Troy.
Montana.
The Board reserves the right to
reject any or all bids.
BY order Of the Board of County
Commissioners.
P. ". KLINKE
Chairman
G. C. EARLE
Clerk
st: d-2O-27; j-3.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
National Forest Timber For Sale

Sealed bids will be received by
the Forest Supervisor, Libby, Mon
tana up to 400 p M, January %,
1916, for all merchantable dead tim
Der standing or down and all live
timber marked or designated for
cutting on an area embracing about
$50 acres within unsurveyed Sec
tons 90, 30, 80 and 81, T. SO NJ, r.
33 W., Kilbrennan Creek, Kootenai
National Forest, estimated to be
5000 lodgepole pine poles, 1900
larch poles, 900 Douglas fir poles
and 200 cedar poles. No bid of less
than Ac per lin. #. for poles Is feet
and shorter, 1c per lin, it. for poles
80 and 35 it., ll2c per lin. #. for
poles 40 and As #. and &c per lin.
it. for poles so it, and longer for
lodgepole pine, larch and Douglas
fir poles; Zee per lin. fl. for Is TT.
and less, &c per lin. it, for 80 and 80
it,, SIC per lin. it, for 40 and As It,,
and SC per lin. it., for SO TT. and
longer for cedar poles will be con-
sidered. Bids with rates in excess of
those permissible under MPR 460
will be reduced to the allowable
maximum in making the award. The
sum of $400 must be deposited with
each bid to be applied to the pur-
chase price, refunded or retained in
part as liquidated damages accord
ing to conditions Of sale The right
is reserved to reject any and all
bids. In addition TO the above
stumpage, &c per lin IT, for poles
30 IT, and longer must be deposited
in cooperative fund 10 cover the
jcqt Of disposing Of slash and other
debris. Before bids are submitted,
Transformation concerning the tim
beF, conditions Of sale, and submits
sion Of bids should be obtained
from the Forest Supervisor, Libby,
\ Montana.
Il: d-27, j-I7.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
CERTIFICATE OF DOING
BUSINESS UNDER A FICTITIOUS
NAME

l, e. L. Kemp, hereby certify that
l am now transacting a gas and fuel
oil business in the city of Libby,
Lincoln County, Montana under the
name and style of City Service
Company of Libby, Montana; that
/ am the sole owner of said bus
mess; that reside at said city of
Libby, that the aforesaid business is
located in the city Of Libby. CT
Dated this 18th day Of December,
l945.
E. L. Kemp
(signature)
State Of Montana. County Of Lin
coin, SIS.
On the 18th day of December,
l945, before me, r. w. Smithbergers
notary public in and for the state
aforesaid, personally appeared E. l..
Kemp, known to me to be the per-
son whose name is subscribed to the
foregoing instrument, and acknow-
lodged to me that he executed the
same.
IN WITNESS WHEREOF, I have
hereunto set my hand and affixed
my notarial seal the day and year
first above written.
(SEAL) r. w. Smithberger,
Notary Public for the State of
Montana, residing at Libby, Mon
tana
My Commission expires April g.,
1916. At: d-20-27; j-3-l0.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27

1916 at 10 o'clock A. NJ, of said day
at the Court Room of said Court, at
the Court House in the County OF
Lincoln, has been appointed as the
time and place for proving the Will
of said Chester R. Rudolph deceased,
and for hearing the application of
Oscar X. Iverson for the issuance
to him of Letters Testamentary
when and where any person inter
ested may appear and contest the
same.
Dated December 18th, 1945.
Fred F. Clark, Clerk.
81. d1n-27. ia
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
NOTICE OF PROBATE WILL

IN THE DISTRICT COURT OF
THE ELEVENTH JUDICIAL DIS
TRICT OF THE STATE OF MON
TANA, IN AND FOR THE COUNTY
OF LINCOLN
IN THE MATTER OF THE
ESTATE OF
CHESTER R. RUDOLPH, Deceased.
Notice of Probate of Will
Pursuant to an Order of said
Court, made on the 18th day of
December. l945 notice is hereby CIV
en- that the 4th day of January,
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
ASK RAILROAD FOR
HITCHHIKING MAP

Butte, Wp-D. E. Wilder, agent
of the Consolidated Rocket Offices,
has been a railroader for SO years,
but received the most unusual re-
quest of all those years last week.
Two young men, one an exser-
viceman and the other ranch hand
or lumberjack, judging from their
attire, appeared at the office and
asked Wilder to give them map,
showing the shortest route to New
JERSEY VIA hitch hiking"
Wilder sent them to the
Chamber of Commerce.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
Is THOUSAND PERSONS GET
ASSISTANCE CHECKS

Helena, (UP-W J. Foust, Admin
istrator of the Montana department
Of public welfare, announced last
week that assistance checks total
ing $415,786 had been mailed to
l4,21O needy persons in the state
Payments for old-age assistance
totaled $34l ,443 aid to dependent
children, S62,559, and aid to the
blind, $ll,784, he said.
Checks for old age assistance
averaged $32O3 dependent children,
S19.45 and aid to the blind, $35.07.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27
MAIL DRIVERS LINCENSES

Helena, W.P)-Montana Highway
Patrol chief c. l.. Sheridan has an
nounced that 225 900 drivers licenses
would be mailed county treasurers
by Dec. Is for sale in 1916
Sheridan said the total for the
coming year Vas 10000 to $4,000
greater than for l945 because Of a
contemplated increase in the num-
Der of automobiles and drivers.
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27

IN THE DISTRICT COURT OF THE
ELEVENTH JUDICIAL DISTRICT
OF THE STATE OF MONTANA,
IN AND FOR THE COUNTIES OF
FLATHEAD AND LINCOLN.
ORDER FIXING TERMS OF
COURT AND NATURALIZATION
DAYS.
1T is HEREBY ORDERED That
the terms of court in the above en-
titled district for the year 1916 are
hereby fixed and designated as fol-
lows: Flathead County, January LIST,
April LIST. July 1st, and October LIST;
Lincoln County, January LIST, April
Sd, July 18th, and October 10th.
Naturalization days are hereby or
dered and fixed for April 4th and
August %, 1946, in Flathead County.
and for April Sd and August 18th,
l946, in Lincoln County. Court will
convene on Naturalization days at
the hour of nine o'clock, A. M.
Dean King,
" Judge
ATTEST:
Fred F. Clark.
Clerk Of Court of Lincoln County.
st. d-l3-20-27
The Western news. [volume] (Libby, Mont.) 1933-current, 1945-12-27

Mrs. Lloyd Baker left Wednesday
for her home after spending four
days visiting with Mr.. and Mrs
Frank Baker and other relatives.
Detroit evening times., 1945-09-20

clubhead at impact, then you
would do we'll TO think of this
action as starting with the down.
pull of the hands guided by the
straight left arm. And, above all,
remember that you start down
slowly.
There should be an almost inn
perceptible pause al the top of the
backswing; but definitely a pause.
And as you swing down, the weight
transfers TO the left leg, as shown
in the picture, from the right and
the left shoulder starts rotating
upward, so that AT impact your
left arm and club-shaft form a
straight line 10 the ball as pic
tured.
Notice that the players weight
at impact is forward and that is
the place where all good players
keep their weight. for il provides
the leverage to enable you TO hit
down TO the baii. And, rs part
ing thought-be firm with that
left hand at the top of the back
swing. Don't let those fingers
ODpU
Detroit evening times., 1945-09-20
Murray S Pfd.
OK d by Holders

Stockholders Of Murray Corp.
Of America have authorized an
issue Of 100000 shares Of cumu-
lative preferred stock, par value
$50 share, 4 per cent series, and
approved an increase in author
lied common stF from 1000. 900
to ! 10000 shares.
The company proposes TO offer
only 1O4.5O0 shares of the pre-
ferred at present. This stock
will be convertible into common
.en-nr before Oct. !. 1855 al con-
version prices -to-be- -Set-by- an
amendment. Proceeds from the
sale Of the preferred are to be
used in an expansion program TO
cost betwee S6.500000 and
100000.
When the registration state
ment filed with the SEC becomes
effective, the corporation expects
10 offer the preferred TO holders
of it's common shares at the rate
of II shares of preferred for each
100 shares of common. The offer
inc is to be underwritten by a
group headed by Hartman Ripley
e. Co, Inc. and Waiting Lerchen &
Co
Detroit evening times., 1945-09-20
Timken Axle
Earnings Climb

Timken-Detroit Axle Co. and
subsidiaries report for the fiscal
year ended June 30 net profit of
Sc, ,067 .S64 or e5.l1 a share, COM
pared with S4,90S,l42 or S495 a
share in the previous fiscal period
Renegotiation proceedings for
the year ended June 30, 1914 have
not been concluded, but provision
for renegotiation for both 1945
and 1914 has been made on the
basis indicated by the settlement
for l943, the report stated.
Willard F. Rockwell, chairman.
said that conversion 10 postwar
production will be rapid, A large
backlog of orders for products of
the axle division is accumulating,
and the apparent large potential
demand for buses, trucks and farm
tractors indicates larger schedules
in the coming Econths than before
the war. he said.
Detroit evening times., 1945-09-20
Motors Pace
Stock Gains

NEW YORK. Sept. 10 INSl-
Stocks were strong and active in
forenoon trading today.
Gains ran 10 more than a point
with motors continuing their re-
cent market leadership. Chrysler
Jumper IL. Az Il. General Mo-
tors was up u. Bethlehem Steel
added 4.
Utilities we're in demand with
Engineers Public Service up =
Rails improved fractionally high
priced stocks picked up more than
2 points in some cases Johns
Manville and Allied Chemical
were strong Other market groups
scored fractional advances 10 fol-
low the higher trend.
Bonds were firm
Detroit evening times., 1945-09-20
Orders for 3 Years

Nevertheless. the fact remains
that some manufacturers have
kept their orders on the steel
mill books. even though they did
not know what use they would
make of the steel when il is de-
livered. This has showed back
legitimate reconYersion orders
and formed a bottleneck.
AFTER Oct. l. however, this
situation will change. All, CMP
tickets outstanding will be cam
celed and the mills will operate
on old standards. 1t will fill
legitimate orders and know eX-
actly where il stands. Old Gus
toners will get preference, Of
course.
Walter Blom of Weirton Steel
says the mills have enough
orders on their books now TO
keep them busy for the next
three years. The automobile
industry is not the only big
customer, either.
Detroit evening times., 1945-09-20
BASIC TROUBLE

II is much as If the men in the
army were 10 come home and
demand that they be well fed and
clothed until they can find the
sort Of jobs they like.
The basic trouble, now AS for
a decade, is the cancerous growth
Of the notion that there is some
way 10 get something for nothing
some way to beat the game.
On this notion. the New Deal was
founded Now the New Deal
chickens are focking home 10
roost!
Inside the country scheming
labor leaders are demanding that
wages" be paid whether earned
by production Of valuable goods
or not. Reuther. one Of the leaders
of the auto workers, incites the
JAW 10 demand more pay so that
they can pay more for their autos.
Outside, the British labor lead
ers, now running their govern
ment, demand that we give them
dollars so that they can pay for
the goods we used 10 lend'lease
them.
Detroit evening times., 1945-09-20
Volume Dependent on Series Of Factors

sPiFhe analytical president charge Of
analysis major New York bank recently asked this
schedule how long would take each
industry the pen-up demand for its product
depend such dognatic
specifications volume depends of
relative factors
illustration demand for will be larger
general prospects bright and there high level
than outlook somewhat uncertain and
employment a level Thus certain percentage of
viii be position purchases the event that
they concerned about their future
The true OF other products though the need for
different
general will made UP vastly
quickly goods such textiles than in the
Of durable goods such motor and
Detroit evening times., 1945-09-20
Fisher Body 100 Pct.

Fisher BeAy-has itfst-aerieteti
100 per cent record on e.
awards. The last of its Is
plants, Cleveland No. 2, has been
notified il is 10 get the award
on Sept. u. This plant produced
major assemblies and parts for
B-29 bombers until its contracts
were Cancelled after VI Day.
Although the Cleveland plant
is pretty well down. the cere-
mony will be held and manage
ment and employe representa-
tives will get the award from
1t. Col. Hervey Humlong, De-
troit regional representative Of
the air technical service COM
mand. The "E" pins will be
mailed TO employees.
Detroit evening times., 1945-09-20
DSR's bonneville

The men who lunch daily in
the Book Esquire Room lined
the windows yesterday to see
what one termed, "Jeffries' an
swer TO Frankensteen's criticism
Of the DSR."
II was the good old X-37, a
street car of about 1915 vim
tagc which wobbled along on a
single four-wheel truck which
was mounted in the center. It's
ancient wood-burning stove was
clearly visible as il teetered
around the corner from Shelby
onto Michigan.
Commented AFL's Frank
Martel:
Its an improvement on
some cars I've ridden on lately"
DSR Commissioner Sam Gill
bert, seated in the center of
the room. ignored the entire
show!
Detroit evening times., 1945-09-20

Ian T. a. h and Toe Norris Stroh,
the Co-faVorites, this season. The
other is Louis Burr's Harry Suf-
frin. also regarded highly in the
Greater Detroit. which starts at
Olympic Friday.
Addition OF the veteran Freddy
Breckles, formerly of + e. B, 10
go with Joe Morys,- John Norris,
Lou Koprince, Cotter and Carl
Novak, Is expected 10 make
Schroeder, formerly known as f.
d. Cotter. a prominent contender.
click. "
Unless they regard their opposi-
tion too lightly r. 81 p. Stroh and
.Suffrin should get away 10 flying
starts against BUD Stempiens
Five George Prock's Harper Rec.
and Tony Coscolenda's Crest, re-
Ispectively.
The fans favorite bowlers con.
test, put into operation at the
Detroit Times Classic matches
last night, will also be held in the
Michigan Major and Greater De-
troit Each ticket holder is ale
lowed 10 cast three votes weekly,
three points being given for first.
two for second and one for third.
Each league has voted $50 for
S240 prize fund, which will be
distributed among the first 10 in
the poll at the end of the season.
Hank Ehrle and Bud Fisher are
handling the Times Classic votes,
Golfer, father OF The idea, and
Fred Bujack the Michigan Major.
Mally RePPeHhagen and Ken La-
diker the Greater Detroit.
Detroit evening times., 1945-09-20
Cost Men Hear
0PA Executive

Paul NJ. Greer. Office OF Price
Administration executive and for
mer educator, will address the
National Association of Cost Ac-
countants tomorrow at $50 p. m.
at the Detroit Leland Hotel on
Cost Accounting Problems In
Price Sterilization.
Green has taught accounting at
the universities of Illinois and
Florida. and formerly was head
research accountant for the Fed
eral Housing Administration,
where most Of his time was spent
on system design and cost studies.
Just prior to going with OPA
on Oct. 7. 194l, he was accounting
consultant to the division Of de-
tense housing OF the Federal
Works Agency.
At present. Green is OPA dep
uty advisor in charge OF the aC-
counting department.
Detroit evening times., 1945-09-20
Lower Costs Heqhten Outlook for Jobs

Though s workers keep their weekly
take home undmnhed despite shortening of work weeks
elimination effect of their effort the cost
computed. IF unit costs and would be
increased by would shift the relative status of
who OF the goods
prepared Where and prices
expense white collar workers civil
short at
expense all living fixed incomes which cannot
with changing conditions
should the effect of the volume
employment prices held in restraint the
theoutook
a higher level Of employment,
Until Ford acted. tendency to live in fools
paradise Henry Wallace and others had creating
hopes 60O00000 jobs under conditions of full employment
willy niy action whether otherwise,
reminder fluctuations been outiawed from
nnrnic ana
Detroit evening times., 1945-09-20

sIs stIssUITs1DD,si ss %ea;sy' No
basket Peaches, Hales, fancy, 81 25@447
SS 10 bd 81 Ss371@,2? soI Eloert1 fancy 81
50 bu, Plums, GreenEsse, No. i. $4@4 SO
bu' Dawson. No. /. $500 bu, Lombard. No
!; s4.5oe5 bu; Prunes No. /. s4g6 bu.
VEGETABLE GREENs--Csbbsge, No. ! 65
a sSc ou: Collards. No. /, 75qsoc bu. kAle,
No !, 75ce 81 bu. Mustard Greens, No. /,
sorrel. No 1. 75casi bu. swiss Chard. No.
l. f5e@Sl bu. Turnip Greens, No. /, CSC
LETTUCE AND SALAD GREENS - Celery
Cabbage. No. l.. St.25g1.7s bu. Endiye.
fancy. 50 bu, No. 75csSl. Escsrole,
isney' ndy 81 eg. 10. / 5seesi. Leaf Let!uee
:. VEGETABLES, MISC : Beans. Blses-eye.
No Mo- sig} $3.50 80 7s eG SsSTcs GIesn faney 81 sg
1. 81 25ei so bu Lima. No. j. s3.soa
: so bu. Roman, fancy, 50. so .bu. No. /.
;i7SSsa5" Wa" Beeis ise' ousehsS 30 Gs fancy NO. edc
t,2s@ so bu. Broccoli No. j, Sl@l so
o RED Se''f No. 1n:H sp Su Nc Curly 'S No.
I siei as bu. Carrots, punched fancy.
sse dor ocns No. ! 6oq75c; topped fancy
No. !. 81 soc bu Celery, fancy, siai 90
/, Sl.2S dOI. bcht. Sweet Corn. fancy. CSC
sicsrs. fancy. So as 6a 6 No. o' Si"sVs: si'75sa
Dillt No / S2@ so bu medium No
S4m bu. small. No 1. $500 bu. Dill. No
500 SC doz. bchS. Eggplant No. !. xie
as bu. long type, No. L. 4O@60c peck
basket Fennel. soc dor Horseradlsh. No. l,
Si75a2.25 peck basket. Kohlrabi No ].
7 Sec 81 dor bchs. Leeks No /, &1a1.5o
dor. bchs Green Onions fancy. Sia1 90
dos. bchs: No. /. 75@ ssc. onions dry.
fancy. s207 bo-lb. SACK No. !, si.75n2
Onion sets. white. No. larFe IS 5o-lb.
sack medium. ss smsuNa okrs. No. /,
S2.So@2.7s 7-lb basket psusley. curly. No.
!, S0n6Sc dor. bchs Parsley Root. No I.
eO@75c doz bchs Psrsntps No / 81 as
"a so = bu Peppers. Cayenne No I 75a
soc peck basket. Green. No. /. 25et.s0
bu. Hot, No. ], i1el 2s hu RED, Sweet
No. / tiai25 peck basket Pimenio, No
L. f2@7 30 bu. Potatoes, fancy 81 iOo-lb
Iscs No. /. 50 5o@2.6s Pumpkins No 1,
ii.2S bu. RadShes red. fancy p0caSl
do1 bchs NO l. 6s@sSc, Ions white No
! $50 sSc doz. bchs RutAbsgss No. l, ,
81 soe2 bu. Rhubsrd. No. / 6Oa7sc dor
bchs squash. Hubbard No. /. 81 bu. De
bu No j t2s2 as, Table Queen. No. 1.
tiSi 2S bu sumner. fancy 81 bu. No
TSeesl Tomatoes fancy, 7sc J4.lb basket
No T. 4oe soc i4-lo esssst fancy 81 rs
hu 10. 1, 81 75al 50 bu. Turnips punched
No. 7sesti DOR. be1s. topped. fancy. -
ESCS-EStrs large Si7zs 3o-dot. case
irg,. 3i5ss medium. $3.50.
Detroit evening times., 1945-09-20
M. S. Rukeyser
Terms Ford LayOffs
Economic 'Reminder'
M. s. Rukeyser

force Henry Ford has stressed
cooperative modern industry high level Of
employment depends materials reaching the assembly line IN
uninterrupted flow.
$4,000 workers because Of "cripping and
Unauthorized strikes of suppliers." n
This awakens the public 10 the realities during this
period when there has been much glib whfu think
ing about full employment"
insisting full employment" act ncon
SSteny attainment of the practical level of
empoymentfar below full employment which is indicated
during "reconversion" slump
Detroit evening times., 1945-09-20
Upper Is Longer

Don't be surprised If upper
berths become more desirable
than lowers-at least in air
planes.
United Airlines points out
that in its new four-engined
DC-6s the upper berth will be
s feet 7 inches long. while the
lower is only s feet 3 inches.
OF course. the lJwer is a little
wider, which helps somewhat.
In an airplane, / can't see for
the life of me why a lower
would ride any differently than
an upper.
Detroit evening times., 1945-09-20
Auto
Graphs
Steel Bottleneck
10 Ease After Oct. !
By sILER FREEMAN

Steel one Of the big bottle
necks IN the materials situatlon,<
is expected 10 start easing up
after Oct. /. The steel COM
panieS will then be out from un-
der on CMP Controlled Materi-
ais Plan) and will be- able 10
handle orders on their books
the way they see fit.
CMP has been out sin e Q
shortly after VI Day. but un-
der the three-month advance Or
derS, some have still been on
the books and certain selfish '
interests lave failed 10 cancel
them out. despite cuthacks and
terminations. The steel COM
panieS have not inquired too
deeply into the orders. feeling
that the problem was not theirs
and If the oath. was on the
ticket. they had 10 honor II,
The WPB which undertook 10
police this phase of reconversion,
has found the task a difficult
one. Only in the case of very
flagrant violations has WPB
called IN its compliance division
10 take action.
Detroit evening times., 1945-09-20
What 'sNew
In Business
SAYS Public Resenfs
Hike in Margin Rate
By WARD SCHULTZ

Harold L. Bache of Bache &
Co. has addressed the following
letter 10 Mariner s. Eccles,
chairman Of the board Of gov
ernors Of the Federal Reserve
System:
"Slnce your board OF COVER
nors raised the margin require
men on stock transactions
from so per cent TO rs per cent,
we have been the recipient OF
numerous complaints and case
criticisms from our clients lo-
Gated In the 80 cities throughout
the country where we are repre-
sented either by our own branch
Offices or by correspondents.
I'VE think you would he In
terested In knowing that the
complaints that have been
lodged with Us, by shareholders
who have accounts mArgined,
are uniform In tenor. They call
our attention 10 the fact that
they are being Disseminated
against in not being able 20
convert shares of stock of war
industries 90 shares OF firms
devoted TO peacetime opera
tions.
They feel that not only in
dustry as n whole Ia going
through a process of reconver-
sion, but the government as
well, In that the government IL
liquidating the war agencies
and Is also, as far rs Is prac-
ticable, rapidly demobilizing the
armed forces.
Shareholders who hold stocks
accumulated during the war
years feel that they, too, even
though on margin basis,
should be permitted to make
changes consistent with the era
of peace which we are now
entering.
"Me believe that there Is
considerable merit TO the petit
ton of these clients for relief
anG-we hope that you and your
governors will give the matter
your serious consideration"