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Newspaper

The Canton Repository

Location

Canton, Ohio, United States of America

Date

Mar 14, 1942

Page

8

Specialized Recoveries Mark Turbulent Trading Session

In New York on March 14 the stock market showed specialized recoveries as timid buying and selling dominated. About 150000 shares changed hands in two hours, a small Saturday total since last August. Optimists believed the market’s decline might be technical and that tax worries were subsiding though war front bulletins remained sparse. Chrysler backed off profit taking while President Keller’s message about spending over 60 million dollars on expanding war production drew attention. Notable performers included American Telephone, Consolidated Edison, Anaconda, American Smelting, Sears Roebuck, US Rubber, United Aircraft, Pepsi Cola, du Pont, and J C Penney, with steel and allied chemical stocks sliding to new lows. A lumber index showed weekly declines, and cargo war risk insurance rates rose along the Atlantic coast.

Victor Eubank Associated Press New York Wall Street Congress Treasury Chrysler Keller American Telephone Consolidated Edison Anaconda American Smelting Sears Roebuck VU. S. Rubber United Aircraft Pepsi- Cola du Pont J. C. Penney Allied Chemical Chesapeake & Ohio U. S. Steel Bethlehem General Motors Eastman Kodak Johns Manville Santa Fe Union Pacific North American National Lumber Manufacturers’ Association Atlantic

Prices Rise on Corn and Flour Middlings in Produce Guide

Prices on yellow shell No 2 corn advance five cents and flour middlings up 15 cents per hundred pounds at local markets. New corn is 80 cents a bushel and flour middlings $2.25. Various grains, butter, poultry, seed, and produce items are listed with multiple specific regional prices and quotations.

Timothy Canton Pure Milk Co Paul Overholt Pure Milk Co Canton Poultry Ilse Shi Py Dumont Seed Co Kansas Michigan Ohio Astoria Steiner-Hitz California Florida

New York curb listed stock names and bonds summary

The list shows Merrill Lynch furnished items alongside American Cyanamid, Arkansas Natural Gas, Barium Steel, Cities Service, Electric Bond and Share, Fairchild Engine, Lone Star Gas, Niagara Hudson Power, Pennroad, Pioneer Gold, Republic Aviation, and United Gas with percentages or shares indicated. Read as a market brief detailing varying holdings and bond stakes across energy and industrial firms.

Merrill Lynch Pierce, Fenner & Beane American Gas & Electric Arkansas Natural Gas Barium Steel Eagie Picker Lead Fairchild Eng Lone Star Gas Niagara Hudson Power Pennroad Pioneer Gold Republic Aviation United Gas

Wool quotations in Boston market rise on territory wools

Boston wool market reports steady demand for graded fine territory wools at 1.15 to 1.18 dollars scoured. Graded fine clothing territory wools sold 1.05 to 1.08 dollars scoured. Graded half blood combing bright fleece wools brought 48 to 50 cents in the grease.

Boston Territory United States Agriculture Department

Elected C. of C. Directors Newcomerstown

Newcomerstown March 14. F W Schwab G B Brode O J Beiter and Leslie Besst elected to the local Chamber of Commerce board of directors. Other officers named include William Heifner president, Mr Schwab and Cecil Haver vice presidents, Charles Yingling secretary and Mr Besst treasurer.

Newcomerstown F. W. Schwab G. B. Brode O. J. Beiter Leslie Besst Chamber of Commerce William Heifner Schwab Cecil Haver Charles Yingling Mr. Besst

Livestock Prices Listed in Pittsburgh Market Report

Pittsburgh market notes March 14 show cattle prices steady with ranges for steers heifers cows and bulls across quality categories. Hogs calves and potatoes also recorded with varied per hundred weight or per 100 pound measures and several regional variety names.

Live Stock Market Prices from Chicago Trade Stand

International News Service reports cattle hogs and sheep trading steady in Chicago. Hogs top 13.50 with ranges across weights. cattle includes beef steers to 15.35 and feeders to 12.25. sheep and lambs bid from 9.75 to 12.15 with ewes down to 5.00.

Pittsburgh U. S Idaho New York Ohio U.S Maine Bakers New Market Steady Florida Bliss International News Service Chicago

Prices By The Associated Press In Cleveland Market

Butter and eggs prices unsettled with various grades listed. Live poultry values steady across several categories. Potatoes and sweet potatoes priced per 100 pounds or per bushel with regional figures for nearby markets and produce items like beets carrots and cucumbers.

U. S

Pittsburgh market report for poultry butter and eggs

Pittsburgh date March 14 reports steady poultry with heavy hens 23 to 25 cents leghorns 20 to 22 cents ducks 20 to 22 cents rock broilers 23 to 25 cents geese 18 to 20 cents turkeys 24 to 28 cents butter firm 92 score 35 1 2 cents 89 score 35 cents 88 score 33 3 4 cents eggs steady nearby receipts 27 cents white standards 28 cents white extras 28 to 2 cents.

Associated Press Cleveland U. S International News Service Pittsburgh

Chicago Dairy and Eggs Market Report Summary

Chicago reports Butter at 10 969 tubs steady with various grade prices and scores. Eggs show 19 584 cases with 1 2 cent off and current receipts around 26 3 4, with fresh extra firsts and dirties priced accordingly. Live poultry market closed.

International News Service Chicago

UMWA to Open Probe of Pact Compliance

A five member commission named by John L Lewis to investigate United Mine Workers district 17 is set to begin Monday. The CIO union panel will examine charges that coal operators breach the Appalachian agreement, with a four to six week timeline. Percy Tetlow, ex district UMWA president, heads the panel, which covers southern West Virginia and parts of Virginia and Kentucky.

United Press Charleston W. Va John L. Lewis United Mine Workers District 17 CIO Union Percy Tetlow UMWA West Virginia Virginia Kentucky

Grain Quotations Move Higher After Import Bill Passage

Buyers entered the grain futures market on a moderate scale as the agricultural appropriation bill passed, limiting government sales of wheat and corn. Wheat opened mixed to higher with May at 1.30 to 1.29 7-8 and later firm. corn was mostly steady to down with May at 88 3-8 cents.

Associated Press Chicago

Grain closes in Toledo market on Friday

Grain quotes reported for Toledo on Friday include No 2 red wheat at 1.27 1 2 to 1.28, No 2 yellow corn 83 1 2 to 84 cents, No 3 yellow corn 80 1 2 to 81 1 2, No 2 white oats 58 1 2 to 59 1 2 cents, No 1 white oats 60 to 60 1 2 cents, and No 2 yellow soy beans at 1.89 to 1.90.

United Press Toledo

Gingerich bound over on larceny and property destruction charges

Eli J. Gingerich of Walnut Creek two was bound over to the grand jury on petit larceny and destruction of property charges filed by his brother Alvin Gingerich of Walnut Creek two.

Millersburg Eli J. Gingerich Walnut Creek Two Alvin Gingerich

University of Dubuque Choir Delights 700 at First Presbyterian

The University of Dubuque a cappella choir directed by Dr. Noel J. Logan drew an audience of more than 700 at First Presbyterian church in Dubuque. The 45 members, split into eight groups, performed sacred music and a Lent feature tour as part of the church’s Young People’s program. The group, on its 16th annual tour, has appeared on WHBC and CBS networks and in cities including Washington Philadelphia and New York.

University of Dubuque First Presbyterian Church Noel J. Logan Young People’s Department WHBC Lima National Broadcasting System Washington Philadelphia New York City Logan

Credit Union Delegates Set for Akron Convention

Stark county chapter of the Ohio Credit Union league discussed sending delegates to the Akron convention for Friday through Sunday with Canton Telephone Employes Credit union members Thomas Phalin Frank Reardon B E Burnside and W G Meyer and Republic Steel Credit union's Joseph Lab listed among attendees.

Ohio Credit Union League Akron Stark County I. O. O. F. Temple Thomas Phalin Frank Reardon B. E. Burnside W. G. Meyer Canton Telephone Employes Credit Union Joseph Lab Republic Steel Credit Union

Government ledger shows fiscal year totals through March 12

Washington reports current year expenses totaling 18,053,673,490 with war outlay 13,553,697,198 and receipts of 6,109,104,361. Net deficit stands at 11,869,898,328 with a cash balance of 3,901,721,528 and working balance of 2,331,524,349. Public debt equals 62,566,711,451 and gold reserve 22,709,193,925.

United Press Washington

Two Men Held in Postal Theft Case in Amelia

Ashland Kentucky March 14 Postal Inspector W L Ferrell jailed two men at Cattlettsburg on charges of robbing the Amelia Ohio post office east of Cincinnati of 1037 dollars on March 5 The men named Ralph M Bishop 22 Ashland and William D Lee of Cattlettsburg were accused of stealing cash stamps and defense certificates from the post office

Ashland W. L. Ferrell Cattlettsburg Amelia Cincinnati Ralph M. Bishop William D. Lee

Metropolitan Paving Brick Co. Posts 1941 Loss And Profit

The Metropolitan Paving Brick Co and subsidiaries reported a net loss of 12866.05 in 1941 with operating profit of 98305.19 and charges totaling 111171.24. The loss included 36407.51 from Sterling Brick Co liquidation, boosting the net deficit to 116306? Mr Blair said sales reached 1448644.59 with cost of sales at 1185826.07 and expenses 208804.64. Interest income and rents were 98305.19, and assets totaled 2300293.44.

Metropolitan Paving Brick Co Co. Co. Blair Sterling Brick Co Blair

Russia Seen Key To War Effort By Armenian Detroit Native

Maurice Boyajian of Detroit told the Exchange club that Turkey will join the Allies only after a German invasion and that Russia must be kept in the fight at all costs. He argued Turkey could help but Russia’s endurance matters most, urging unity with Britain and other nations against Hitler and saying the United States fights for democracy and liberty as well as the freedom of nations under Axis domination.

Turkey Germany Maurice Boyajian Detroit Armenia Exchange Club Courtland Hotel Russia Great Britain Hitler United States Boyajian H. V. Denzer Napoleon

Henderson in Brazil Rubber Study Hint

Washington reports Price Administrator Leon Henderson travels not just for a vacation in Rio de Janeiro but to inspect Brazil rubber production. Sources say his visit may aim to speed rubber deliveries to the United States as U S funds support Brazilian production with 100 million dollars in credits and a 5 million dollar fund for Amazon wild rubber development.

International News Service Washington Rio de Janeiro Leon Henderson Brazil Henderson United States Amazon River Valley

Alliance Youth Given One to Twenty Year Term

Claude James Shook a 21 year old of Alliance was sentenced Friday afternoon to a term of from one to 20 years in the state penitentiary after a jury in Common Pleas Judge Frank N Sweitzer's court found him guilty of operating a motor vehicle without the owner's consent.

Claude James Shook Alliance State Penitentiary Common Pleas Frank N. Sweitzer

Seven Frenchmen Executed in Paris by German Forces

In occupied Paris, seven Frenchmen were executed by firing squad today for repeated attacks on Nazi troops. The shootings were carried out by German authorities as punishment.

Paris Vichy

New Zealand and the Anzacs An Insightful Portrait

A compact historical profile of New Zealand as a British Empire dominion since 1907. It covers geography, population, exports, military history from the Boer War to World War I, naval ties, compulsory training, government, defense readiness, and climate shaping the tough character of its Anzac forces.

New Zealand Australia South Africa Near East

80 Mile Speed Charge Brings $50 Fine, License Suspension

Six of 16 motorists faced penalties in a regular traffic court session led by Judge James A. Bowman. The heaviest sentence went to Raymond F. Baron for driving 80 mph, with a $50 fine, costs, and 60 day license suspension. Other offenders received fines from $5 to $50 and varying suspension terms for reckless driving, intoxication, and related violations.

James A. Bowman Raymond F. Baron RD 7 North Canton Henry T. Antes Raymond F. Frasher Parkave SW George S. Razook Akron Albert LeRoy Swagger Alexander Clyde E. McKinney Mineral

Double Time at G M Approved by Umpire

Detroit March 14 Workers at General Motors war plants receive double pay for Sunday and holiday work even if weekly hours stay under 40, ruled umpire G Allan Cash Jr. of Philadelphia. The decision, urged to avoid hindering production, applies to plants beginning 24 hour seven day operations and retroactive to swing shift start. Five or six GM plants already operate around the clock under prior agreement.

United Press Detroit General Motors Corp G. Allan Cash Jr Philadelphia United Automobile Workers War Labor Board G. M University of Pennsylvania General Motors Aleady

Letters From Readers Open At 8 A.M.

Mrs. G White of 1728 Cleveland Ave NW proposes shifting store hours to 8 a m to 4 p m to ease bus congestion and help working mothers. She argues earlier openings allowed shopping before lunch and cites wartime sacrifices and her business background.

G. White Cleveland Ave

Timken Reports 1941 Net Profit Rises Amid Tax Jump

Timken Roller Bearing Co to stockholders shows 1941 net profit of 9.48 million dollars or 3.92 a share, up from 1940. Total taxes paid more than doubled to 19.01 million, with federal, excess profits, Canadian and state taxes listed. Gross profit climbed to 34.12 million from 22.36 million, and operating profit rose to 28.61 million after expenses. End-year assets total 36 million with current assets 36.43 million and liabilities 10.52 million.

Timken Roller Bearing Co William E. Umstattd Mr. Umstattd H. H. Timken

Plain Grange Box Social Set for April 10

Plain Grange members met in Middlebranch grange hall to plan a box social on April 10. Proceeds will fund an electric phonograph for the recreation committee to use in games and square dances. Ira Smith led a business session to send Mrs. John Fohl Jr. to the lecturers' short course at Ohio State University. The St. Patrick's day program was postponed to March 27 due to a school operetta.

Plain Grange Grange Middlebranch Grange Hall Recreation Committee Ira Smith John Fohl Jr Ohio State University

Middlebranch High Presents Operetta Sailor Maids

Middlebranch High school staged Sailor Maids, a two act operetta, with over 600 attendees. Evelyn Wenger played the lighthouse keeper's daughter and attracted admirers Charles Hinkle, Nelson Schmucker, and Nelson Davis. Dorothy Royer, Joseph Brosovic, Vanda Burfield, Avery Shaeffer and Charles Snyder also starred. Dance featured Imogene Booth and others while Mildred Judy performed an accordion solo. Grace Lenff led music, Margaret Rodgers directed the drama, and Florence Smith arranged the dances.

Middlebranch High School Sailor Maids Evelyn Wenger Charles Hinkle Nelson Schmucker Nelson Davis Dorothy Royer Joseph Brosovic Vanda Burfield Avery Shaeffer Charles Snyder Imogen

Long Island University Offers Wartime Marriage Course

New York March 14 Long Island university has instituted an extension course on marriage with a focus on Marriage Problems in Wartime. The program explores how war affects relationships and domestic life as part of broader family studies offered to adult learners.

New York Long Island University

Hoover Defense Art Wins Chicago Award

The Hoover Co receives honorable mention for its advertisement titled Americas Will to Work in the defense and war art class at the Art Institute of Chicago annual exhibition. The piece, an opaque watercolor, highlights Hoover’s sponsorship while Haddon Sundblom of Chicago wins the medal for a United States Marine Corps recruiting poster.

The Hoover Co Art Institute At Chicago America Hoover United States Marine Corps Haddon Sundblow Chicago

Former Gov Graves of Alabama is Dead

Sarasota Florida March 14 Col Bibb Graves who served two terms as Alabama governor and was a candidate for a third term died today in Sarasota at 330 am in the winter apartment he shared with Mrs Graves for the past three weeks Cause of death not yet determined but physician said it appeared to be a heart attack

International News Service Sarasota Fla Bibb Graves Alabama

Want Ad Reads: Home or Auto Radios For Sale

Readers seeking to buy home or auto radios find a compact listing offering functional models. The itemization notes availability, prices, and pickup details to facilitate quick purchases in a local marketplace context.

Want Ad

Also Mentioned on This Page

Merrill I.vnd Lone Star Lou & Nashv Allied Store da Mack Amer Marshall Pield Artin, Glenn Hy Co Amer oCco Midland Steel Mont Ward Smelt & R Nash Kelv Nat Biscuit Tel & Tel Natl Dairy Pr Natl Distillers Atchison Natl Pwr & Lt NY Central Aviata Corp Nor Pacific Barnsdall A Ohio Oil Otis Steel Beth Steel Packard Motor Boeing Air Pan Am Airw Borden Co Borg Warner Penn R Reyn Tob Savage Arms 1644 Comwith & Sol Schenley Dis Consol Aircraft Consol Edison Shell Union Wes Consol Oil Us Simmons Co Socony Vie A Sou Pacific Southern Ry Dupont Eaton Mt el Pwr Ind Freeport Sulape Gen Foods Studebaker Gen Motors Texas Corp Glidden Tex Gulf Sul SOM Gimbel Bros Goodrich Timken Tr Twen-Cent Fox Graham Paige Goodyear Gt North Pfd Union Pac United Altre United Airlines Illinois Us Steel Prd Warner Bros Int Harvester Westa Union Ona Nickel Ae Tk Westingh el Johns-Mann Woolworth Jones & Laugh T & Bt Kennecott Youngst Kreste Zenith Radio Fordie McNeil Loew Pierce Enner & Eane Harry E. Frie & Belden Canton Stamp & Enamel Canton Drop Forge Canton Hardware Co Canton Mortgage Loan Court Square Diamond Cement Diebold Safe Home Savings Mooch Electric Ohio Finance Co Ohio Edison Ohio Public Service Ohio Power i Et Aa Richman Bros Viehek Tool Wh & Lake Er Ry Twenteen Fox F Horn & Hard Will & Baum Baldwin Rubbo Central Aguir Assonila A Holmes Dubuque Government Ledger Price Administrator Rio Fraser Zealand Ray S. Flushour David D. Allender Berger Stanley G. Mix McKinley Jack C. Wise Sherrick Rd Carl J. Siefert 13Th St Joseph Toth Jr 8Th St NE John E. Mosser Shadyside Ave Augie Mastrione Waynesburg Clyde J. Roger RD 2 Louisville Walter Garrigues Andrevave SE Massillon Rulins Timken Gov. Graves
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