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Newspaper

The Canton Repository

Location

Canton, Ohio, United States of America

Date

Jan 10, 1942

Page

8

War And Taxes Send Stocks Point Lower In Dull Session

War and tax clouds dampened stock market recovery efforts in a dull session. Leading issues dipped fractions while transfers for two hours totalled about 350 000 shares. Oil stocks rose on Interior data, while U S Steel Bethlehem General Motors and others lagged.

Associated Press New York Motors American Telephone U.S. Steel Bethlehem General Motors U. S. Rubber Douglas Aircraft Dow Chemical J. C. Penny New York Stock Exchange Department of the Interior

Produce and provisions price list for weekend shoppers

Prices at local markets remained steady with a special list featuring seedless grapefruit five for 25 cents, fancy cherries 15 cents a box, walnuts 25 cents per pound, mushrooms 20 cents per box, and pure cane sugar five pounds for 28 cents. Grain and feed items listed include wheat 1.18 per bushel and timothy hay 15 per ton, with butterfat and poultry prices quoted by Canton suppliers.

New York curb list shows varied stock holdings by Merrill Lynch

A New York curb listing highlights holdings in Merrill Lynch Pierce Fenner Beane and several diverse entities including American Cyanamid 39 percent Brewster Aeronautical 8 percent Cities Service 2 percent and its preference 52 percent Cleveland Tractor 5aTM Electric Bond and Share 1 percent Fairchild Engine 2 percent Niagara Hudson Power 1 percent Republic Aviation 4 percent.

Merrill Lynch Pierce, Fenner & Beane Brewster Aeronautical Cleveland Tractor Electric Bond Fairchild Eng Niagara Hudson Power Republic Aviation

Government Ledger balances and deficits in fiscal year

United Press reports government expenses and receipts through January 8 show expenses totaling 12,186,098,457 with war spending at 8,703,357,598 and receipts of 4,344,668,985. Net deficit stands at 7,770,724,022 with a cash balance of 3,380,248,140 and a working balance of 2,621,842,131. Public debt reaches 58,263,603,201 and the gold reserve is 22,742,168,880.

United Press Washington

Grain quotations rise on farm price ceiling vote

Wheat, rye and soybeans led early gains in Chicago grain prices after Senate passage granting the secretary of agriculture veto power under farm price ceilings. May wheat opened around 1.29 1 2, corn May 0.853 4, rye May 0.82, soybeans May 1.85, with prices fluctuating.

Associated Press Chicago Senate Secretary of Agriculture

Grain close report from Toledo on Friday

Grain prices in Toledo on Friday show Track-two red wheat at 125 and 125 1 2 cents, two yellow corn at 82 82 1 2, two white oats at 60 1 2 to 62, and two yellow soybeans at 176 1 2 to 177 1 2 cents.

Toledo

Knitting Chairman Appointed in Mineral City

Mrs G W Lechner is named knitting chairman of the local Red Cross in Mineral City. The group will meet Thursday afternoon with Mrs Preston Walter.

Mineral City G. W. Lechner Red Cross Preston Walter

Red Cross Head Named in Beach City

Beach City officials announce Mrs Earl Shisler as general chairman of the local Red Cross with Mrs F Hay as production committee chair and Mrs Russell Funk heading the knitting committee An all day meeting is scheduled for Wednesday for planning and coordination locally.

RED Cross Beach City Earl Shisler F. Hay Russell Funk

Livestock prices in Chicago steady across hogs and cattle

Hogs 7,500 head, market steady. Top 11.65, most sold 11.25 to 11.60. light and packing hogs around 11.00 to 11.65. Cattle and calves 100 each, steady. Beef steers 12.50 to 14.25 for good and choice. cows, bulls, and calves priced across 7 to 16.50. Sheep 500 head, steadies with lambs 12.25 to 12.65 and ewes 4 to 6.75.

Chicago International News Service

Prices for Poultry Butter and Eggs in Pittsburgh

Poultry markets show steady prices with heavy hens at 24-25 cents, leghorns 18-19, red and rock springers 22-25, geese 18-20, turkeys 21-25. Butter and eggs also steady with 92 score 36 1-4, 89 score 34 3-4, 88 score 33 1-2, standard 35 1-2, nearby receipts 32, whites 34-35.

Merrill T Neh Pierce Wenner & Rexnne Unofficial Loew’s Inc Low Close Lone Star Cem Alaska Midland Steel Am Radiator Mont Ward Roll Mis Motor Wheel Am Smelt & R Murray Corp Rile Am Steel Fdy Nash Kelv Sug Ref Am Tel & Tel Nat’l Distillers Nor Pacific Ohio Oil Otis Steel Barnsdall A Bendix Owen Fil. Glass Beth Steel Packard Motor 214 Boeing Air Pan Amer Arwys Briges Mfg Paramount P Canad Pacific Penn R R Canada Dry Pepsi Cola Ie Os Phelps Dodge Cerro de Pasco Ches & Qhio Phillips Pete Chrysler Col Go & Se Climax Moly Radio Corp Com Solvents Oy Repab Steel Comwlrth & So Reynolds Metals Consol Reynolds Tob B Savage Arms Consol Edisn Ty Schenley Consol Oil D & Cent Canoni Sf Sears-Roebuck Crown Zeller Shell Union A Curtiss Wrigt Sou Pacific del & Hudson Southern Ry Sperry Corp Douglas Air DuPont Eastman Rod Eaton Mfg el Auto Lite Pwr & L Ohio Og Stone & Web Engin Texas Car Freeport Sulp Thompson Prod Elec Jen Foods Timken Gen Motors Timber Bros Goodrich Twin Coach Union Carb Goodyear Union Pac Graham Paige United Aire Gt North Houston Biz Hudson Ss Steel Illinois Uy S Steel Pfd Warner Bros Int Indus Rayon Harvester Westn Union Wwe Westinghouse Fl Wheeling Steel Tel & Tel Ad Johns-Manville White Motor Jones & Laugh Woolworth Kennecott Youngst Kresge Zenith Radio Lee Abr Kroger Gro Ford McNeil International News Service Pittsburgh

Chicago Dairy Prices Report From Jan 10 Market Desk

Butter values listed at 9 273 tubs with various classifications and scores. Eggs show 8 684 current receipts and multiple firsts and dirties price points. Live poultry market noted as closed.

Market Report Cleveland Eggs Butter and Produce Prices

Cleveland markets list butter extras at 40 and standards 37 1 2, eggs paid in 100 case lots with extras 33 and standards 31, government graded eggs quoting various sizes. Live poultry prices cover hens broilers turkeys ducks and capons with market firm. Homegrown Ohio produce includes apples beets carrots celery cabbage lettuce mushrooms parsley and potatoes with per unit and per bag quotes. Old 100 lb sacks potatoes U S Idaho russet Burbanks washed $33.15 and Maine Katadins $2.50 to $3.25 per 100 lb bag.

Canton Pure Milk Co Tub Creamery Paul Overholt Pure Milk Co Canton Poultry Steiner-Hitz California Florida Dumont Seed Co Kansas Michigan Ohio International News Service Cleveland U. S U S Idaho Maine

Market Report on Fresh Produce Prices Across States

The report lists current prices for potatoes and related produce across New York Ohio and other states. Prices include New York Chip at 2.15 to 2.25, Ohio round whites 1.90 to 2.25, growers’ grade up to 1.75, 15 lb sacks and cartons, Maine at 40 to 42, Idaho russet bakers 65 cents, and markets weak with bushel crates and regional variations in Texas and Florida.

New York Ohio Pennsylvania U. S Maine Idaho Bakers Bliss U. S Texas Florida

23 In Malvern Named For Defense Council

Malvern mayor C. A. Ebner appoints a 23 member defense council committee approved by Gov. John W. Bricker. Walter Knauff is executive director with leaders from public utilities welfare housing health education public safety police fire and others including Red Cross nursing dentistry and mortuary services.

Malvern Defense Council C. A. Ebner Local Defense Council John W. Bricker Walter Knauff Joseph G. Artzner Jerome Massay Joseph Stires Health Department Edgar R. Miller Department of Education Charles Roudebush James V. Marino Police Norville Moore Ralph J. Kuhl Consumers Arthur R. Wadsworth H. S. Worlock

Wool quotations report from Boston market

The United States department notes very light trading in Boston wool. Prices remain firm with dealers reluctant to lower asks. Small lots of graded French combing wools moved at 1.10 to 1.12 dollars scoured. graded blood combing wools quoted 51 to 52 cents in grease.

United Preas Boston United States Agriculture Department

Sunday Horoscope Promises Trials and Self–Governance

The Sunday horoscope warns of potential difficulty and sorrow across many life areas while suggesting tact, strategy, and spiritual guidance can avert danger. It notes that individuals born on this day may face a year tied to self-control and resisting impulsive, risky behavior, with possible disputes and turmoil.

OPM curbs lead use in industry under defense demand

Washington Jan 10 OPM Priorities Director Donald M Nelson ordered lead use restrictions to meet heightened defense needs and material shortages. The order mirrors copper and tin curbs, barring lead in many civilian products and limiting usage in essential ones. From Jan 1 to Mar 31, usage for listed items must not exceed 50 percent of Q3 or Q4 1941.

International News Service Washington OPM Donald M. Nelson

General Motors Wins $300 Million Tank Contract

A government order for 300 million dollars in tanks was granted to General Motors Corp. Production will be split between the Fisher Body division and Buick Motor, with assembly at a new plant near Flint, Michigan. GM had announced plans for a 26 million dollar tank plant to help relieve Flint unemployment caused by reduced auto output.

International News Service Detroit Flint Mich General Motors Corp General Motors Fisher Body Division Buick Motor

Holmes boards reorganize in Holmes county

Two more boards of education in Holmes county Clark Consolidated and Nashville have reorganized for the coming year. Bert Giauque reelected president of the Clark Consolidated board and Roy E. Patterson vice president. Nashville board elected Ernest Raymond president and C. I. Walkerow vice president.

Holmes Boards Millersburg Holmes County Clark Consolidated Nashville Bert Giauque Clark Consolidated Board Roy E. Patterson Ernest Raymond C. I. Walkerow

Scrap Shortage Shuts Open Hearth Furnaces in Steel Mills

The scrap shortage pins at least 10 percent of open hearth furnaces in Ma honing and Cuyahoga valley mills. Eighteen of 1104 furnaces in Youngstown and Cleveland districts will idle next week, with 12 due to scrap lack and six for repairs. Ingot production drops to 89 percent as Youngstown Sheet & Tube and Carnegie Illinois Steel close one furnace each. Republic Steel reports limited impact in its Cleveland and Canton Massillon districts.

Youngstown Cleveland Youngstown Sheet & Tube Carnegie- Illinois Steel Companies Republic Steel Corp Republic Otis Steel Co

Scrap Shipments To Japan Blamed For Steel Shortage

Washington dispatch reports defense officials blame ten years of large scrap iron and steel exports to Japan for a shutdown of many U S steel mills. The shortage affects armament production as scrap becomes scarce. Government plans to boost pig iron output by 16 million tons annually, but not until late 1942 or early 1943. Direct allocation by the priorities division controls scrap supplies, though dealers may still source scrap from available outlets.

Washington Japan United States Defense OPM

Simplified Tax Method Under 1941 Revenue Act Details

The 1941 revenue act outlines a simplified Form 1040A for individuals with income from salary wages or personal services, dividends, interest, rent, annuities or royalties not exceeding 3000. It explains dependent allowances of 400 each, a flat 10 percent deduction, and rules for dependents and marital status on year end. It notes optional election each year with irrevocable choice for the year and possible separate or joint filings.

Massillon Board Seeks Four Mill Levy Resubmission

The Massillon board of education unanimously voted to ask the county elections board to resubmit a four mill levy for school operation. The proposal, planned for February 17, would run two years, raise about 172000 dollars annually, and exceed the 10 mill limit. A Citizens Finance committee urged the move, citing potential year end deficits without the levy.

Repository Bureau Massillon Massillon Board of Education County Elections Board Citizens Finance Committee H. Charles Hess J. W. Reinhardt Citizens Group

Tax Aid Schedules Tour in Columbiana County

Examiner John Hollister has been assigned to assist merchants in northern Columbiana County with semi annual sales tax returns for July 1 to December 31, 1941. Returns are due January 31. Schedule lists portable offices in Lisbon East Rochester Salineville Leetonia Lisbon Salem East Liverpool and date windows January 19 to 31.

Lisbon John Hollister Oenors Columbiana County County Recorder’s East Rochester Kensingto Salineville Leetonia County Recorder’s Office Salem Metzger East Liverpool City Hall

Rotary Hears Plea for Greater Service

Rev. Roland Luhman district governor of Rotary urged Canton Rotarians to render finer service and become a bulwark against pagan ideas. He called on Rotarians to give of themselves to rebuild civilization and to live on a high inspirational level so hopes and prayers may influence the world.

Roland Luhman Youngstown Rotary Canton Rotary Rev. Luhman

Massillon Names Six for Defense School

Massillon defense director George C. Wallace named six men to take a civilian defense course at Ohio State University on Monday to Wednesday. Upon return, they will instruct classes in Massillon. The group includes Capt. Harold Boerner Walter Crewson Ralph Knight Robert Sill Ted Roth and J. W. Reinhardt. At Friday’s volunteer defense registration 95 more were enrolled, bringing total to 262.

Bureaau Massillon George C. Wallace Ohio State University Harold Boerner Walter Crewson Ralph Knight Robert Sill Ted Roth J. W. Reinhardt

Red Cross in Lisbon Sets $3,600 War Relief Quota

Lisbon and Center two must raise 3600 for Red Cross war relief, announced by Richard L. Firestone, local chapter chairman. A new campaign begins after supplies arrive, with solicitors canvassing every home, business, and industry. banks will accept contributions.

Lisbon Red Cross Center Two Richard L. Firestone

Flames Cheated In Second Sweep Of Alliance Home

Alliance January 10. Nick Christy owner at 130 West Harrison recalls a November blaze that destroyed much of his furniture. A second fire at 9 p m Friday caused smoke and heat damage. firemen say an overheated hot air pipe ignited the basement ceiling. Losses insured. house owned by Mrs Susan Hodge. Firemen also extinguished a car fire at 4 40 p m Friday in Eberhard's vehicle on Union Street caused by a hot motor igniting alcohol. snow had already put it out.

Repository Bureau Alliance Nick Christy W. Harrison Christy J. E. Held Susan Hodge S. Union E. G. Eberhard RD 3 Alliance

Driver Hurt by Shot Fired in Waynesburg

Sam Verna, 37, of 628 Gibbs Ave NE, was treated at Mercy hospital for cuts on the left side of the face after a shot fired at his automobile shattered the ventilator and windshield. He told deputies he picked up an unidentified woman south of Canton on route 43, then a man emerged from a Waynesburg house and fired once at his car.

Sam Verna Gibbs Ave NE Mercy Hospital Canton Waynesburg

Clarence L. Robinson Elected Lisbon County Commissioner President

Clarence L. Robinson of Lisbon, a Republican, was elected president of the county commissioners this week, succeeding Democrat Frank Fisher. John E. Smith, Republican, was named vice president.

Columbiana Group Lisbon Clarence L. Robinson Frank Fisher John E. Smith

O. E. S. Party Planned in Holmes Chapter Event

Holmes chapter O. E. S. will host a party Tuesday at 8 p m for masons wives all Eastern Star members and their husbands in Millersburg with members and guests invited to attend the event.

Millersburg Eastern Star Holmes Chapter

Fifteen Drivers Face Traffic Court in Court Session

Fifteen cases were disposed of Friday by Judge Gordon J. Burr in traffic court. Delbert E. Cline received the heaviest penalty, a $15 fine with 10 days driving suspension for reckless driving. Charles A. Markle paid $25 for intoxication after an accident. Others faced smaller fines or dismissals, with several defendants found not guilty or having charges dropped due to lack of evidence. One case noted a witness had moved away, ending prosecution.

Gordon J. Burris Delbert E. Cline 17Th St NW Charles A. Markle Tuscarawas St W Robert W. Halter Adaps Esther M. Barnes Ralph Robert Cholley Louisville O. Lee Thomas Robert O. Linard New Philadelphia Donald M. Gorman 9Th St SW Bertrand B. Smith St NW James E. Liber 3Rd St NW Donald G. Hoopes RD 5 Robert L. Lacey Park Ave Robert E. Uncapher Michael Nader Massillon Oda A. Kallaker 16Th St Clarence Schwalle

Masons to Conduct Hobby Show Tonight

Massillon gathers Masonic lodge members from Stark and nearby counties for a hobby show at 8 PM in the Masonic Temple under Hiram Chapter Royal Arch Masons. Over 30 hobbies including wood craft, bookbinding, silversmith work, gun collections, and stamps. A trained-dog performance by Dr. L L DeArment of Dalton highlights the program as part of the 17th district Royal Arch Masons meeting. C E Leaman chairs.

Sonic Lodge Stark Hiram Chapter Royal Arch Masons L. L. DeArment Dalton C. E. Leaman

Exchange Installs Morrow as Leader

W E Morrow was installed as president of the Exchange club at the weekly Courtland hotel meeting Friday noon. Russell J Van Nostran retires. Other officers installed were Dr George R Fitz vice president A A Welsbacher secretary treasurer and Dr H V Denzer William B Quinn and H C Grabow sky trustees. Dr Loyal E Leavenworth urged support of the local Red Cross drive for 70000.

W. E. Morrow Exchange Club Courtland Hotel Russell J. van Nostran George R. Fitz A. A. Welsbacher H. V. Denzer William B. Quinn H. C. Grabowsky Loyal E. Leavenworth Red Cross

Two Granges Induct At Joint Ceremony

In a joint ceremony at the Plain grange hall in Middle branch, officers of Plain and Nimishillen granges were installed by C. C. Linerode, deputy master of Stark county Pomona grange. Assisting him were Lloyd Himes, Miss Miriam Warstler, Miss Freda Metzger, Mrs. Harry Bruce and Mrs. Cecil Smith. Plain grange juvenile officers were installed with officers of the two subordinate granges. The program included vocal solos, a magazine review, a reading, and vocal selections by several performers.

Plain Grange Middlebranch Plain and Nimishillen C. C. Linerode Stark County Pomona Grange Linerode Lloyd Himes Miriam Warstler Freda Metzger Harry Bruce Cecil Smith Jane Hall C. G. Boett

Also Mentioned on This Page

Jantzen Knit Mills Abraham & Straus Commu Public Ser Lawr Fiour Oliver UN Filt Boston Fund Ine Fed Dept Stores Natl Bank Belden Brick Canton Stamp & Enamel Canton Drop Forge Canton Hardware Co Canton Mortgage Loan Court Square Diamond Cement Diebold Safe Ome Savings Mooch Electric Ohio Finance Co Ohio Edison Ohio Public Service Chrie Power Government Ledger H. C. Ross Howard Lauener Carl W. Rice Harry Kibler N. R. Oliver Bernard Clough Homer Kootz William Laubacher Harry R. Hart Robert J. Armstrong Clarence J. Deckman G. M Mahoning Cuyahoga Jan Cuyahoga Valley Republic Steel Canton-Massillon Carl W. Meyers School Board Levy Columbiana COPR Needlecraft Service, Inc Canton Repository Needlecraft Dept Eighth Ave N. Y Defense School Flames Masons Exchange Morrow R. J. van Nostran Club
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