davidaulloa/AmericanStories huggingface dataset:
Detroit evening times., 1945-10-24
Pere Marquette
Notes al 1.6O9o

Subject to Interstate Commerce
Commission approval, Pere Mar
quette Railway Co. today
had awarded -S467. 800 principal
amount of promissory notes to the
National Commercial Bank and
Trust Co. of Albany, N. Y, on its
offer of an interest rate of 1.60
per cent. Because of an identical
rate of interest offered by the
First National Bank of Cincinnati,
the award was determined by lot.
The notes are TO be issued under
a conditional sales agreement and
are TO be payable serially over
period Of 10 years
Proceeds from sale of the issue
will be used to finance approx
mately so per cent Of the cost Of
two new 2,000-horsepower Diesel
passenger locomotives and three
new 125-ton type. 1000 horse
power Diesel switching locomo-
tives, to be manufactured by the
Electro-Motive Division, General
Motors Corp, at an aggregate
estimated cost of $685., ,97Ss
Detroit evening times., 1945-10-24
Dow Earnings
Up Slightly

Dow Chemical Co. and subSidi-
aries report for the three months
ended Aug 81 consolidated net in
come of S2,273,9 ,966 or $l.57 a
share, compared with net of ST.
229. 700 or S1.54 a share in the like
period of 1914. Both figures are
subject TO renegotiation.
The company states that no ex-
cess profits tax was accrued. No
estimate of excess profits tax, If
any, could be made due TO an an
ticipated recomputation of deduc-
tions for mortiZation. The
company proposes to recompute
the amortization deductions for
the 1912. 1943. 1914 and 1945 fis-
cal years.
Detroit evening times., 1945-10-24
Profit TdkinQ
LIST

NEW YORK, Oct. % QNS)-
Profit taking crept into the stock
market this morning when yester-
days late rally attracted light
sales in most groups.
The sell-off was accompanied
by small increase in volume.
First hour turnover approximated
100000 shares, about $4,000 more
than in the same period Monday.
Most losses were fractional.
Few higher-priced issues were
softer than the general market.
Johns Manville and Du Pont
dipped more than a point.
Pivotal industrials including
Chrysler, Bethlehem and West
inghouse Electric, eased frac-
ionally. At 1915 General Motors
was down IL. Aviations were
irregular. Rail equipment and
farm implement equities drifted
off in a quiet trade. Utilities
were steady. Coppers and oils
stayed near previous closes.
Curb shares and big board
bonds were under light selling
pressure.
Detroit evening times., 1945-10-24
Son

Bricklayers, bedeviled by the
cost and inconvenience OF con-
tinual tool sharpening. have
Myron Gwinn of Detroit 10
thank for possible relief in the
near future from this annoy
ance.
Needing his dads gripes about
constant chipping and hacking
OF brick masonry tools, Myron,
an employe Of Carboloy Co,
Inc. took his dads problem TO
company engineers.
As a result, Pere Gwinn now
-fs---r~irT T-tuuts tipped with
cemented carbide, hardest metal
made by man. For more than a
month now he has been free
from haraSsing failure of his
brick trimmers, hammers and
drills, as we'll as a tile setter
used in his building trade, all of
which previously had cost him
S5 week and more 10 keep in
shape.
Detroit evening times., 1945-10-24
Higher Rates Acted as Msnpower Magnets

think MaChlups lucid exposition helps TO the
behind the wartime conditions tat least in
respect to take home pay) into permanent pattern.
Government policy deliberately rates in the critical
industries such ships planes guns ETC. above the prevail
device for drawing manpower from
civilian occupations into these trades.
the economy had currently self supporting basis
Embellishments and dspars would have been self defeating
But the economy operated by forced draft Under the stimulus of
patriotism and induced to produce
goods be exchanged for other goods but to be traded for
the OUs of Such arrangement in the nature
of things ephemeraL
In this developing period while natural for each
angle for favored position the question arises how to
put the national economy in nourishing condition
Detroit evening times., 1945-10-24
M. S. Rukeyser
M. ,. Kukeyser-
Prof. MachIup Raps
WAR Wage Demands

With and the unions around the country sitting
at the bargaining table discussing the pricing labor and of goods
the Twentieth Century Fund has nerected into the national
symposium financing American prosperity by
whom the fund describes ranging all the from
"whte to pink
Sitting in the position of umpire Prof Fritz Machup the
University of Buffalo, and analysis of the Tower
Babel which the differing of the contributing economists
with the contemporary attempt to freeze
the wartime through the device of lifting rates
TO Offset loss of overtime and thus create stability of weekly
take home pay"
he declared, demand hourly
he raised order to shorter
overtime. which
work shortened will also their working force
shipyard
just at the time when numbers workers laid off? The
workers laid the pyards back the lumber yards
mills stations, where
below the paid the hpyard That the lumber
their
high level earnings industries would be welnigh
sble; might boosts 100 cent
And civilian
industries would keeping from rising
above their present level"
Detroit evening times., 1945-10-24
New Mill Chief

James X. Sutherland is the
new superintendent of the Ford
Co.'S rolling mills and open
hearth i'm the Rouge plant. He
came to Ford from the Youngs-
town Sheet and Tube Co. where
he was employed for 80 years.
He WAS assistant general man.
ager of the Great Lakes Steel
Corp. plant in Ecorse for two
years.
Sutherland had a bit of an
embarrassing experience Ia t
week. just when a bunch of
news writer's came out to in
spect- the rolling mills, the big
scarfer, which is the high point
of tour through the mills, de-
cided TO break down.
Detroit evening times., 1945-10-24
Sfran's Problem

That patented system Of nail
ing 10 Stran-Steel involves driv-
ing the nail into a crack formed
by two "wavy" strips of steel.
Following the curve Of the
metal, the nail is held far more
tightly than in wood.
But Stran-Steel execs were a
bit nonplussed recently when
they received a mail request
for a lot of those twisted nails"
that you use in mailing to Stran-
Steel"
Incidentally, the armed serv-
ices discovered the best method
Of dismantling QuonSet huts,
A heavy charge Of powder was
set off inside and this merely
blew the covering steel plates
off the framework. which was
later dismantled. Much easier
than taking them off by hand!
Detroit evening times., 1945-10-24
Stocks Seen
AT Safe Level.
nv LEWIS HANEY

s-ussuo, % Nsoaoz.cs, NsS seEk usi'sEsity
A New York City reader asks:
Haven't stocks now had such
a long rise that there Is danger
of a big decline? What are the
danger signss Should buy
stocks nows"
Answer: While he stock mar
ket averages have been rising for
a long while, there have been
rather frequent periods of rest
and correction, and it does not
seem TO me that the average price
is too high. The average is now
about where il WAS at the peak in
fa37fEhut conditions now very
fran -ihcn,-and- much
more favorable TO further rise.
OF course, prices do not even APP
proach the inflated levels of 1923,
1929 and 1880.
Detroit evening times., 1945-10-24
Auto
Graphs
ON Sets High Goa!
For Car Production
Nv sILER FREEMAN

Current lsboF troubles are not
holding back General Motors
plans tor the future. The huge
expansion program envisions q
production rate never before
achieved.
BY next September, the vari-
Gus GM divisions and their new
assembly plants will be sending
out cars and trucks at the rate
of $4,000 a day, it was learned
from a high official of the com
pany. That figures up TO about
4 100000 a year. a good year
for the entire industry was
100000 vehicles.
II is hardly probable that the
corporation will hit that mark
but il aims for a big slice of
that 5000, ,000-car a year market
that seems to be in prospect.
Detroit evening times., 1945-10-24
Transition TO Peace industries Slowed

If through bargaining the industries whose rates are
dsproportonately high they viii be pushed fher of line
with other industries This will make il difficult If not impossible
for workers employ another by exchanging the products of
labor diSpareS viii impede the
transition of the highly paid industries into
moderately paid peace industries the dspares be-
industries remaf unchanged then il would be SpecOus
Of maintaining weekly take home pay Of released
shpyards plants spane factories who
drift pcaceme industries such textiles merchandising ETC.
The existence of dpaGes currently slows the flow OF
from the the industries particularly since
accumulation Of unemployment benefits tend
reduce the urgent necessity for immediate income
Detroit evening times., 1945-10-24
What 'sNew
In Business
Bendi2 Herd Hit
Bv Cancellations
Nv WARD SCHULTZ

When Bendix Aviation Corp.
issues its report for the fiscal
year ended Sept. 80, last, it IS
likely. on the basis Of present
Indications, that final figures
viii show a net profit of around
Sll.0O0O00, or better than So a
share, against S15,290095, or
S722 per share, for the 1914
fiscal year, Dow-Jones states.
This would represent q de-
cline Of some q per cent in
net earnings and would be the
result -ef the wars end and
termination Of government buSi-
ness.
Sales too, are expected TO
show & decrease during the
fiscal year just ended. Pres
ent estimates indicate a total
volume of approximately $780,
100000 for l945, a decrease of
80 per cent from sales OF
$4,000, 900 in 1914.
- Complete FeeeHNeFSlen OF pro-
-rfttetfen lines an Bsndix AXia-
tons automotive division may
require an addition three TO
four months while full produc-
ton in this division may not he
attained until six TO eight
months fFeH FeW.
Current total employment
throughout the various plants
is approximately 30 per cent of
the wartime peak. Present un-
filled order backlog totals about
S60.OOO.OO0. or roughly one
tenth as large as a year carrier
and representing substantial
amount of government orders
which may yet be Cancelled.
Detroit evening times., 1945-10-24
Farmers M arket

fKDI tS-Applei Aeintofh, No 50 81
kg b Rhode s . isaaa sFseain..s 70. 81 81
49,, uu. ohg"' e; 4b-b. ~
49, y" =, 3t@Aet 4o-io' oe OF
5s.osi, 81 eu Ciifo,s No 81 30
- r-,. nse lah'ts . Ou no ~ 30
Pens Kl;itsr'i, s. ~. 50 soass ts5 oGf 5a
30 . nu. "aieImeions. No l. 75c@Sl
1wsirg5..g.-..r.~ >.,,.-,,.~ .e-,,-- -.
z, fs' = o', 70 oo
Esie ~ ~, t,,s,..,, - 5-...,- Ds
~ ~ ssa9-i eatGssstu sIeeht
satss r,.,. on SIRE So I. f,S@sqqe q,.l, sg
r-tc-s as1,+",-' y u lulhlp
fFT-rr-C,E i..rS sL}Lb cpRyye ,-,,,,.
csEbsre "-, iss - Iht,9 -r.Ss.,si1
.fsneg 81 fu r Fl 7BSi sS % yt1s11is tnglis
~ rsr- F, go" r.t,,,e. '''s
IFS bu Ptn.sinf Ee fiat SO bv 's
Detroit evening times., 1945-10-24
Disc ard Seniority

T. F. Archer, head of the
Fisher Body division of GM, has
found that seniority is only
minor factor when il comes 10
getting men TO return TO work.
He cited the fact that only so
per cent of the workers in his
plants with the highest seniority
are answering the call TO return
to their jobs.
The other 40 per cent are
playing the game of take the
cash and let the credit go. They
wouid rather accept the unerf-
ployment benefits and give up
their seniority rights, Archer
figures.
Detroit evening times., 1945-10-24
United Boosts MILEAGE

United Air Lines flew 58,-
500 800 revenue passenger miles
in September, a gain of 35 per
cent over the same month a
year ago, figures compiled by
Jack MiSSelhorn, district traffic
manager here, show. Airplane
-Trffi-s-ai~o-wert 80 percent
TO 3,650,340.
Daily trips for United now
total 12S,747 air miles.
Detroit evening times., 1945-10-24
Give Your Reasons

In support Of the govern
ment's Victory Bond Campo .gn,
Living Magazine is conducting
a $500 contest for the best
250.word articles on why l
Should Hold My War Bonds
Until They Mature" j"
Contest Is open TO any one,
and closes Dec. Is, 1945.
Official blanks are available
at the Personal Finance Co,
1850 Griswold. 210 David Stott
Building. Prizes; Victory bonds.
Detroit evening times., 1945-10-24
Corn Products Plans
BiQ Dexfrose Plant

KANSAS CITY, Oct. 23-Corn
Products Refining Co. has begun
a 100000 expansion program
at its plant here. The primary
purpose is TO increase Dextrose
sugar production from a present
output of 100 tons a day TO 400
tons
Detroit evening times., 1945-10-24
Crosley Car Stock
Subscription Delay

CINCINNATI, Oct. % The
Cincinnati Stock Exchange has
been notified by the Crosley Corp.
that the date of Oct. 25, previ-
ously set for stockholders OF
record 10 receive rights to SUBJ
scribe TO stock in the Croslev
Motors, has been temporarily
Withdrawn. No definite date ,s
now set for this purpose.
Detroit evening times., 1945-10-24
See Iq4b Lines

Hudson dealers in Michigan
get their first closeup Of the
1916 lines today at Masonic
Temple. The meeting is being
carefully guarded. Perhaps
prices will be discussed.
Heretofore only the Hudson
distributors have been allowed
to see the 1916 car. President
A. f. Barit, Sales Manager
George Pratt and other officials
will be on hand TO point out the
itnnrrnNtnr11nr1te- ------
Detroit evening times., 1945-10-24
HITS FLAT ADVANCES

Washington asks:
What do you think OF the
proposal 10 make fiat advances
OF 10 per cent In wages and 5
per cent In prices 2"
Answer: 1t is an unwise sugges-
tion. Some wages need more and
some less than that. Most prices
need more, A fat advance would
do as much harm as good. 1t
would disturb the absolute mar
gins between cost and price. In
many eases, wages have already
gone up much more than prices.
The proposal Savors of the infia-
tionary idea of making every
body happy by giving TO att Just
a little increase. Better let
market forces decide how much.
Detroit evening times., 1945-10-24
L Dividend Voted
By f & B BrewinQ

Ekhardt & Becker Brewing Co.,
Inc. has declared a dividend of
two cents per share on the out
standing 81 par stock. payable
Nov. "a to shareholders OF record
Nov. 10.
Detroit evening times., 1945-10-24
CITES IDLE FUNDS

Above all, billions of dollars in
idle t'liquid'J funds exist, and
money rates are maintained at
artificiallY low levels. still far
below the yields on securities
The signs of danger will be a
much larger volume OF trading
from day 10 day, with stocks
making no progress while bonds
and commodity prices traw ma
terialsl turn downward in a sus-
tanned decline.
Some stocks may always be
bought for secure yield on
investment, and that is true now.
From the standpoint of pure
speculation, however, / am in
clined 10 be cautious at the
moment.
Detroit evening times., 1945-10-24
livestock M arket
DETROIT


HOGS selable 700. firm Bsrrowf and
glts over i4o lhE mostly az SIS ceiling.
tglk .sows.. ti41o and sf4.2s, most stGEs,
cATTLE-ssisble 5000 liberal quota ma
I'VE steers and yeafllnfs. numerous loads
kentuckys around IS siaight loads steers
25 per cent Of run replacement cattle IN
moderate supply slaughter steers, yearlingS
mostly strong % 15c up with in-be'seen
grades showing strength bulls and replace
ment cattle arm Two loads choice medium
MEDIUM and ro5d Kentleky steers. YsA siss iif's
~ 80. most common and medium native
steers. warnings and helfers. t1Oai4 with
these low grade liiflc cattle meeting de-
peufab.e outlet early sales common and
medium m.algn beef COWS seal2: canners sne
.sa.sgs taiS s5eli 80. few iR strong : v9iSai
SausaFe tuils 20 Si2
.5s5 a5yFs' Is s5s srls $50 cosS ';E ssa sfgs ss5,.
mostly s17@I750. odd head strictly choice
SIS Common and medium Slssi6 most
s5ai.e 7d5 & 59fs" al i'ssii ssi, tis down i'"
shhEF Seisbie 300. slaughter lambs IN
evenly Eetfy 20 25c lower little done on
ip967 70 SO. hirhG About sess eh5ise hli
fst lambs tlB. indications bulk GOOD and
choice nsNv, lamb. arg1nd sac weaigP
rlNE $40 down numerous loads around
6SN iDs feeding lambs st4wis fat
eFet qu0'sb.e around 50 so down.
CHICAGO
C5JcAGo. .Qyt % tlN-S l-I,iygtock u.
sIA'Tb hessyN N485 medium. SisFs
Urti y1fss iget +tfhas-sf4 Goai4 rs.
lactilg soUG tifel4 10. pigs. tl2.25s
1880
CATTLE-s7 600 steady Calves. o0o.
f'gsty Hecf F'rru ch1iCc Sl7w IS. medium
Eeifffs SO 'lTTh C1Ff. fqrl37S, bulls
50 Is rs.FeF so 49, feeder steers 81 10
70 q Stock tfrrU $50 "a so, cows
s41 haffg ss25aI9 2b
NFEP-f 600 steady Choice lambs.
SO sf IS common. ti0Boa13. yesriingf
lambs. 3ll.5Os1s.2s.
Detroit evening times., 1945-10-24
SoIventoI Chemical
Ups Annual Dividend

Solventol Chemical Products,
Inc. has declared an annual divi-
dend of 1914 cents share on the
common stock. payable Nov. Is TO
stock of record Oct. 81. The 1914
annual dividend was ten cents.
Detroit evening times., 1945-10-24
Increase in Earnings
OF Kalamazoo Stove

KALAMAZOO, Mich.,- Oct. 23-
Kalamazoo Stove and Furnace
Co. reports for the nine months
ended Sept &c, 1945, net profit
of .S422. .729. equal to S1.1 a share.
against 1897, 1903. or Sl.33 a share
in the same period last year.
Detroit evening times., 1945-10-24

NORTHWEST AiRLIsEs. NC
Fis. year END. June so isls ,a.4
Net pgont STa77i4 Sxtsr,
Share earnings Sl3S
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
COASTAL AIDLINES
FLIES MANY TRIPS

Alaska Coastal Airlines flew IL
passengers to and from Juneau yes
terday
Arriving in Juneau from Peters
burg were: c. +. Brown, P. Hangs,
end C. Radekainer; from Sitka,
Henry Moy, Mr.. and Mrs. j. E.
Krepps, r d. Lutz, and J. A. Did
riokscn; from Hoonah, Roy Fois-
terg
Leaving For King Salmon Bay
were r. T. Kronquist and Lynn
Tucker.
On this mornings flight were the
following passengers: to Excursion
Inlet, B. Schroeder, T. A. Carr, Ar
mold H Lehman, J. F.. Moran, j. j.
Carey, and " o. Mount; to Sitka,
Lucille Derby, James S. Scott and
Gle Olson; to Hoonah, Albert Lind
strand, Bengt Erickson. and c. John
Ulsund; to Ketchikan, Ernest Lid
dell, Tom Walker. Lonny Mcintosh,
Jim Wise, Sally Frost, James Fecko,
and Edwin E. Kruse; to Petersburg,
Fred West.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
PROBE OF PEARL
RARB0R DISASTER
Unsatisfactory

WASHINGTON, Nov 6.--Sena-
tor Brooks (R-Ill) told Republican
members Of the Pearl Harbor in
curry committee today that they
ought to resign unless they get per-
mission to investigate the Dec Z
1941 disaster as individuals.
IN Senate speech, Brooks declar-
ed that the minority has a respon-
81 iiity to dig in behind the major
ity views and find the facts"
Previously Senator Lucas tD-Ill9
had accused Senators Ferguson
-Mich) and Brewster R-MeD
minority members Of the committee,
Of attempting to try your case in
the newspapers and on the Senate
floor
Lucas spoke after two House
members of the joint investigating
committee commended the probe has
teen brought to halt" Rep. Gear
hart (R-Calif) told the House "a
true investigation had been stopped
by the rule denying individual
members access to secret files.
Rep Keefe (R-Wis9 agreed and
added; the procedure thus far
clearly indicates we will get only the
facts the Army and Navy wish to
give us.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
PAN AMERICAN FLIES
OUT q FOR SEATTLE

Pan-American World Always yes
terday had the following % passeng-
els to Seattle frcm Juneau:
Fr2d Mayer, Margaret Mayer,
Marguerite Huber, Matt Murphy,
Vernon Nash, Evelyn Nash, Jim
Nash. Gary Nash.
Albert Buotler, Vera Mamieff,
Vera Pierce. William Field, Marie
Vanderiip, Larry Hagen.
William Devlin, Gladys Logan,
June Copeland, Charles Rude, Will
mar Keister, Helen Head, Charles
little, Oscar McShane and Chris
Erickson.
incoming passengers included
Gov. Ernest Gruening and Orie
Shade from Fairbanks, and from
Seattle were Victor Olson, Donald
Peitingcr, Capt Max Lewis, Albert
Linstrsnd, Bsrnt Erickson and John
Ufsund
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
BRIT0NS, SWISS
Seen rs HOSTS
TO l94S GAMES
Short Funds Seem Sure 10
Eliminate Americas
as 0lympits Site

The 1948 Olympic games in all
likelihood will be held in London
England, or Lausanne, Switzerland
That was the prediction today of a
man who keeps his finger On the
international athletic pulse-ruddy-
checked Dan Ferris, the Secretary
Treasurer CT the Amateur Athletic
Union.
Balloting as to the site OF the
games is going on right now, via
the mails, says Dan Each member
of the Olympic Games Committee
gets vote, which means that some
where around a hundred ballots will
be cast. The larger nations of the
world each have three men on the
committee, while the smaller coun-
tries each have a single representa-
tive
AS Ferris points out, the European
countries are pretty certain to have
their way about where the games
will be held in 49, They have the
three-man American delegation well
cutnumbered; and they have some
pretty strong reasons - economic
ones-for wanting to keep the action
on their side of the Atlantic. Most
CT them are little low on funds
and expect to be that way for a
while. 1t would be much cheaper for
them to operate in London or Lau-
same, instead of Transporting huge
squads to this country or south
America.
The last time the games were held
was in 1896, when the Germans were
hosts. Before that - in l932-the
games were over here, while in 1923
Amsterdam was the host city and
n 1924 it was Paris.
The 1910 games we're scheduled
for Tokyo, but the second japanese
invasion of China in 1887 cancelled
that Helsinki, Finland, was the Sc
cend choice fer the 40 games, but
the European part Of the Second
World War got under way in Sep
tember, 1889, and again rubbed cut
the ancient games.
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
Ap SPORTS
ROUNDUP
Bv HUGH FULLERTON, u.

NEW YORK, Nov 6-Last word
on Saturdays Notre Dame-Navy
tussle, as voiced by Steve Owen:
well, it was a photo finish
There wasn't much doubt in the
minds of the scribes who saw the
slow-motion films yesterday that
the Irish had failed to score, both
on the disputed pass play and the
two shots at the line which follow
ed it, and that Metre Danes Frank
Dancewicz busted the rules all to
pieces on the final play by trying to
shove halfback Terry Brennan
through the pack of Navy lines
men Another last word-Lt.
Col. Carl Hinkle commenting on
Armys attitude toward a Rose Bowl
invitation: Glenn Davis comes from
California and would like very much
to play out there. As you know, Da-
Wis and Blanchard have a great in
fluence on the coaching staff"
The Daily Alaska empire. [volume] (Juneau, Alaska) 1926-1964, 1945-11-06
is FOR SkACWAY
ABOARD Louise

Stecmer Princess Louise, now
making her last trip Of the season
On the Southeast Alaska run, left
fer Gkagway at as O'Clock and re-
turns here southbound Thursday
morning ut o'clock leaving two
hours later.
Passengers aboard the Louise for
Skagway were John W. Lane, Thad-
deus Corwin, Mrs. Garlock, j. d.
Garlock, E. E. Smith
Geo. E. Hunter, F.. j. Beadle, ]. l..
Wooding, Paul Swetzoff, A. @. Nc
Kinley, David Satko, H. Lundberg,
Henry Anderson, r. w. A@.ze and
D. f. Beitinger