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The Charlotte Observer from Charlotte, North Carolina • 36

Location:
Charlotte, North Carolina
Issue Date:
Page:
36
Extracted Article Text (OCR)

Ovl AlitA Easitvima-tiama amafinks PACE SIXTEEN THE CHARLOTTE OBSERVER FRIDAY NOVEMBER 6 1942 SECTION TWO The Foremost Newspaper of The Two Carolinas STORE SALES 'Shoot The Works' Season Watch Nondividend Stocks I Let's Explore Your Mind A Fascinating Pastime With ALBERT EDWARD WIGGAM The Noted Author of "The Fruit of the Family Tree' Banner Holiday Trade Predicted By Babson Here Is Something for Teachers to Think About 0941 10 the Associated Press CHICAGO Nov 5--Montgomery Ward and Company mail order and retail merchendise firm today reported sales of $76067626 in October up 116 per cent from sales of Sti8138051 in October 1941 For the first nine months of the company's fiscal year sales totaled $479- 491049 down 09 per cent from $483811- 149 in the comparative 1941 months By the Associated Press WASHINGTON Nov store Pales were 14 per cent higher last week than in the corresponding week a year ago the Federal Reserve board reported today In the preceding week sales were 18 per cent higher than in the similar 1941 week and in the four weeks ended October 31 they were IR per cent higher than the corresponding period a year ago Department store pales declined 2 per cent in the St Louis district the only one to show a decrease The other districts reported these increases last week compared with a year ago: Boston II New York 17 Philadelphia 8 Cleveland 15 Richmond 3 Atlanta 9 Chicago 19 Kansas City 30 Dallas 3 San Francisco 24 I v25 129 '3 D'31 32'33 '34435 3637'38'3914041 1 I 104 COMPOSITE BUSINESS CHART irtV ro MONTHLY 4- Pt Jo ATHE1ZE 774 IN111-1E WOW 71-ISTCHILDQEKI WOOZY ABOUT AOP5 -THAN ALL ELE vaegreesr THEE 16 AIZ AlA-77N4 vp- IN 11-4E wocz71-1STIwCHAILDQBarE Aa25 "THAN ALL EIE vaeivesr-- Jil P520AANSVI WOrrE12 tr-fc14 TI-et AMA- S5 NV WOMet4 SES tly I milrt WC rC S124 CVLI2 011451 fa cl Pi2IYAvrt61 WOMEg LI Lsi WHE110114 tae V4 tef2G-- WiLL 1 MEN 01f I sEe 1 -0126 Niv 1 comPigjiNTwoot--- I LEAVE NW I '''s ALONE 1 11 11 Iti 0 4 411( ow z- 'I -0 A I '41 4111 it 11100030 I tiit NolSol Ai "-'410061 l' orip I Nu" AIR -1114 ilit si- is its iii- rt Ill 41" '4r9A -111 4601111 1 Doloi 'WO A- iir -elom- ow i 1 -r Y1i 1 7711 Pmeekoo BY ROGER BABSON SINCE my last report business shows a slight gain My composite index Is now 282 per cent above normal compared with 277 per cent above normal week ago A year ago business was 204 per cent above normal The recent freezing of salaries to 825- 000 a year will affect directly only a very few individuals If in the near future this be extended by Congress to include all income whether from salaries dividends interest or frees there is liable to be a boom in stocks of growing companies which now pay no or very small dividends This Is the simplest way for the so-called rich man to avoid gradually passing from our economic picture With his decline there would come a very much lower standard of living and I doubt whether Congress would risk it Our great charitable educational and hospital foundations might be obliged to look elsewhere for support Perham they will be turned into Federal institutions and cared for upon a limited basis out of taxes The effect that this limitation of income may have upon real estate values certain stock market prices the luxury trades corporate growth and personal initiative may prove quite shocking This limitation of Income will not in itself accomplish the redistribution of wealth which the new dealers are still trying to bring about The wealthy for instance could forego all income live upon principal and pay no taxes at all! It is considered good sport to soak the tich but remember someone must take care of the poor Never in history has a bureaucracy done this successfully But whether or not large incomes are abolished in proportion to our individual means through income taxes compulsory savings a general sales tax a pay-as-you-go plan and war bond purchases we shall all feel the pinch WE EKLY WOOL -40 BY ROGER BABSON BABSON PARK Mass Nov 5 Christmas is a few weeks ahead the holiday buying season Is already at hand When the gong rings and the scores are added up dollar sales and the size of the crowds jamming into stores everywhere will make impressive totals Probably this year all previous records will be broken The most important factors are: money In circulation widespread employment coming rationing and scarcities 'of merchandise heavy buying for men in the armed services and a determination on the part of millions of families to ''Shoot the works" this year if never again! Money in circulation per individual in this country has risen from $5950 in 1940 to $10338 on the same late fall date in 1942 Total currency in the hands of the public is now over $13854000000 and is expanding at the rate of over $400000000 per month This does not include individually-owned funds on deposit in savings checking or Christmas club accounts Furthermore no allowanct IA made for the improved credit position of millions of shoppers whose names are now In good standing on the books of 1 THIS INDESCOMPLE0 SY THE PULISSHERS INNANCIAL etREAIJ-IS A COMPOSITE or ausitrtss moult Boston By thol Assoriated Press BOSTON Nov 5--(U Dept Agr)-- Interest in medium wools was somewhat keener on the Boston market today due to recent release of 6000000 pounds for civilian use These wools will be used mostly for sweaters anti scarfs Ohio three-eights and one-quarter blood wool was sold at cents and choice graded Michigan three-eights and one-quarter blood wool was sold at 54 cents grease basis delivered mill 71 Monthly Income Payments Hit New Peak In September LTh gS1-40111-0 CONGQC5C0 MP4 WIG ACCORDING -TO 11-1E112 MA IL FIZOA4 VOTE25 aick wome 012 LIGE -THER OWIst IN DEPEMCENT 1UC6MEIsCrq Yoereaow4w school This makes children fear they will fail in life instead of giving them confidence that they will succeed in life Answer to Question No 3 3 The National League of Wo en Voters sent a list of twelve traits for congressmen to its 60000 members and asked them to checic the traits in order of their importance Five stood out above all others: "Intellectual "De- termination to subordinate party in terest to national interest" "Inde- pendent judgment" "Political saix gacity" "A broad background in civic affairs" Four out of five voters placed "Intellectual integ- rity first Loud applause from this column if SHOULD CONGE2C5 Me1 VOTG ACCORDINJI 10 "THE112 MAIL FIZOI VOTE25 aick HOME 012 LIGE -THER OWt IN DpMNCENT portunity to "go to town" for members of the family relatives and friends who are at war For weeks past gift packages have been leaving our shores for fighting men abroad More will go and a great quantity will likewise be distrib uted to the boys in camps here We are all determined that each and every service man wherever located shall be remembered with some kind of a gift this year Incidentally in this connection consult your shopping service or local depart' ment store manager for a list of the things that these men will most appreciate Service men in training or on active duty need and deserve all of the comforts of ordinary life that those at home Can send them Thus automatically the armed forces of any nation open up greater avenues and markets of trade Hence do not delay in purchasing wrapping and sending off your gifts Many a boy will have a Christmas furlough and bring a pal for din-no Families without a boy in service will invite some lonesome lad for a real old-fashioned Christmas In preparation for this local fruit grocery and chain store sales will be heavy Because many families were deprived of various goods and services in recent years they now feel due to the effects of more cash in the pocket and the cleaning up of back bills that this year they will make up for deprivations of the past Gone are the apple sellers bread lines groups of unemployed the dust bowl and the "oakies" Families are entitled to enjoy themselves but times are too precarious to have this Christmas season representative only of a spending spree 1 and of a grand good time When December 25 comes let us pause and remember that the day we are really celebrating is the birth of Jesus Besides this all else pales Let us also remember that because of pur belief in Christianity of which the Christmas day is a symbol we are engaged in this war We shall win without a doubt but not until we get down and back to true fundamentals Next year may bring a better or a more difficult Christmas season but whatever comes we should pray for the faith the courage the spiritual and the financial reserves to weather it To be practical I would suggest that while we freely give this year to others we hang on to some of our cash for another Christmas 1 which may not be so bright TREASURY NOTES portant factor it said was the seasonal disbursement of dividends and interest and the heavy marketing of farm products which usually occur in September During the first nine months of this year income payments to individuals reported by the department have aggregated 280529000000 an increase of 22 per cent over payments for the corresponding period last year Wage and salary payments for the nine months totaled 255991000000 and were 25 per cent greater than in the 1941 period All types of income payments except dividends and interest the department said were higher than last year 13v the Associated Press NvAinSaNeGTp0aNym to 5 jnrivoldn ttlhallys totaled 910128000000 in September and were the largest for any single month the Commerce department announced today The September figure was at an annual rate of 9116200000000 the department said which would compare with the totals of 992100 000000 last year and 982- 600000000 in 1929 Chief reason for the rise in September Payments the department said were sharp increases in wages and salaries paid nut by manufacturing industries producing war materials Another im Closing Quotations PROCTOR tt PAINE New York By the Associated Press NEW YORK Nov 5 A fair sized rade in wool futures today was dominated by switching operations Liquidation in nearby positions was absorbed by the trade against sales of later A better demand for spot wool in Boston and firm outside markets also helped in the advance Grease wool futures did not sell Certificated grease wool spot 942N Wool top futures closed 3 of a cent higher MO taw Last Oecember 1242 124 311 March 194 3 1243 124211 May 1239 1239 124013 Certificated spot wool tops 1243N COPYINSPIT MAL OMNI WWI CO Answer to Question No 1 1 Hooey of the hooeyist kind Women like each other because they are human beings just as men like each other Even catty women are not all cat They have their human intervals No woman likes a woman who is her present or prospective that is human too No one likes another person who is trying to steal something precious from him or her Answer to Question No 2 2 Psychologists Rudolf Pintner and Joseph Lev had 240 boys and 240 girls in grades five and six check from a list of 53 "Worries" the ones they worried about "often" or "sometimes" or "never" The four worries that exceeded all others were in order "Failing in a school test" "Being late to school" "Having a poor report card" and "Being left behind in school" Next came worries about the family They were "Mother getting sick" "Mother working too hard" "Father working too hard" "Father getting sick" As the authors say we cannot cure the family worries but surely our schools can greatly reduce the awful fears they them- selves set tip in children failing in id se as ty ve Fin nt at er e- er s' 't- le 1004 1001 10014 10018 10028 10022 10012 10030 9920 10012 9829 993 1009 134 12-11-42 34 3-15-43 1 11 6-15-43 1 P-15-43 1 13 12-143 1 3-1T-44 34 6-15-44 1 9-15-44 34 9-15-44 3 4 3-15-45 34 12-15-45 1 3-15-46 P-3 of 46 Don't Take My Word BY FRANK COLBY Excess Reserves Drop By the Associated Press NEW YORK Nov 5t--War-connected payments by the Treasury were a major factor this week in dropping excess reserves of key New York City banks $135000000 the weekly statement of the Federal Reserve bank indicated today Bills discounted secured by government obligations totaled $3795000 against last week's $3140000 and the previous week's $1510000 Tomorrow: Can you keep a man in prison too long for the good of the community? (Copyright 1942 for The Observer) NAVAL STORES Savannah Rzt the Associated Press SAVANNAH Ga Nov 5--Turpentine 84ts cents per gallon: Offerings 150 barrell4 (50 gal each) Sales none: receipts 110 barrels: shipments none stocks 26070 barrels Rosin: (drums) offerings 182 sales 182: receipts 240 shipments 465 stocks 85994 Quote: (MO 1b 3 28: 340: 3 48: 3 49: and I 3 50: 1( 352: 51 354 358 WG 360 WW and 370 FEDERAL LAND BANK BONDS SEC Orders Rearing Bu the Associated Press PHILADELPHIA Nov Securf ties and Exchange commission today onsdered a hearing November IS on the sp" plication of Scripps-Howard Investment company for exemption from provisiona of the investment company act of 1940 Victory Loan Passes Gail OTTAWA Nov third victory low has passed theannotinced objective of 8730000000 IV 822281000 They'll Do It Every Time By Jimmy Hallo By the Aseociated Prom NEW YORK Nov Land Bank bonds: 3s July 1955-43 104s 1057a 3s Jan 1956-46 10634 107 3s May 1956-46 1014 10a 34s May 1955-45 10614 43 July 1946-44 1051 4 1054 I RECORD INCOMES Millions of families are today enjoying the largest incomes they have ever had Rural sections as well as defense areas are participating in the employment and profits boom Wages for the country as a whole have increased more than $1000000 a month for the past two years Total such disbursements for the current year will be in the neighborhood of $75000- 000000 Incomes from other sources may swell this to a national income of $117000000000 Hence from a spending point of view merchants should have nothing to worry over No ration books containing coupons 'governing the purchase of clothes other types of soft or even hard goods luxuries and other' kinds of merchandise will be pulled on the public until after the holiday season Right now stores are able to t)ffer a wide assortment of goods Again I refer you to the advertisements in your local papers to substantiate this fact What the future holds is highly problematical We know that the manufacture of many civilian goods has stopped Production of much other merchandise is decreasing Until the war's end 1942 will mark the high point In the value of available goods for retail distribution Entirely aside from the customary purchase of gifts shoppers have a real excuse for stocking up on durable goods and are justified in doing so Among the items that may bulk large among purchases this year are luxury goods particularly jewelry and precious stones shoes family clothing women's wear niture and household furnishings such electrical appliances as are available including radios dry goods and notions In spite of the millions of men in uniform sales of men's furnishings should rank high Paint and hardware items not usually classified as Christmas purchases should enjoy heavy sales This is the first Christmas in 25 years that we have had an op- 1 Registered Patent Office Jacksonville RI the Associated Press JACKSONVILL117 Ills Nov nentine receipts 48: shipments 97 stocks 17889 Rosin receipts 187 shipments 213 stocks 161923 COTTONSEED OIL Helpful Hints to Harassed Newscasters (Clip this column for reference) In surnames the German "von" and the French "de" fall into the group of prefixes and suffixes called "patronymics" (PAT-roeNIM'iks) which means that they have the meaning of "from el of the family or clan of" like the familiar -son of Johnson (John's son) Williamson (William's son) in English names Said by itself the German "von" is pronounced similar to the English word "fawn" (in German always has the sound of But when "von" occurs in names it is said more rapidly and resembles the word "fun" said quickly Hence the name von Bock (in writing the of "von" is never capitalized except when beginning a sentence) is pronounced: fun Bock Do not pronounce "von" as 1mmal New York By the Aveociated Pre NEW YORK Nov cottonseed oil futures closed unchanged Sales 2 contracts SPRAY PROCESS SKIM NEEDED FOR WAR USES the Associated Press WASHINGTON Nov of Agricultur- Wichard today directed manufacturers of spray process dried skim milk to set aside each month 90 per cent of their production for direct war uses Spray process stim because it reconstitutes readily is urgently needed by the United Nations for drinking purposes Wickard said He added that 'there was a substantial inventory on hand of the roller process dried skim milk which Is used primarily for cooking purposes New Orleans By the Associated Press NEV ORLEANS Nov oil closed steady December January and May 13458 CITIES SERVICE GRANTED SECOND DELAY IN ACTION PHILADELPHIA Nov 5 The Se7 curitien and Exchange commission today granted the Cities Service company and subsidiaries a second delay in proceedings against them under "death sentence" provisions of the holding company act The hearing originally set for October 6 and later extended to November In now has been set for December It is stipulated that during the extension period no dividends shell be declared or Paid on common stock of Cities Service Power Light company also named in the proceedings Other subsidiaries named are Federal Light Traction company Central Arkansas Public Service corporation Public Service company of Colorado Ohio Public Service company Toledo Edison company arid Empire District Electric company COTTON OPINION 19 Ti-IESHOW ISOM AGAIN! -THE LIGKIED s-rOcri kOPPLEMAtI: "re AMINCr 'A PERFECT ENE HE COULDN'T DO THAT AGAINIF HE 'TRIED TRAt ME ECC4t4d -nma 71-111-4EArz 'THE OLD BOY'S GETTING- 10 BE IF-1P A ZEZT'L) LAPe FIREBUG ASKTHE INSURANCE coMPANIES IF COKfT CO IT AL TOGE4EIZIO0 OFTEN' THAWTO LP BRENNAN' PI4 I LAbELPH 14 THE SHOW IS ON AGAIN! 1') S4E KWIC) 'kn OUT 11-1E PIPE OR PUT THE uuDGEToezeD ANI- 0--- 7 ouT KoPPLEmm? ATT041 oTHErz 1164-JED sTocri ON kOPPLEMAtsi'5 '0PIIMI Al 1 A -141 AMINCr kleTTA rt i)pl 6 TRA1 TM EC0140 Ts -nma TH11-4EArz 6 1 It forl A PERFECT -THE OLD BIZN6 AillA El HE COULDN'T (ETTING-10 BE 11'i DO THAT AA GI I r-g4D A ZELAZT'U 4-v 1 i dom HE -Nu ED FIREBUG --1! AilikS 1c (- 1 (III I 1 i Is 0 CI it' 1-i--- )) 2 i AV :1 tk 477 Nt IT At A 2 i i 'ft 1-- 'VI' i 4-' 1 011 KV 11r 1 I 1 f- -5 --d -eIii-- ')rt4 A 44' -1 A 4 I "77 --71- 47 :11 t111L-'de471114 119 11142 11110211 1 -00'7 1 of mt ylpiOmmo OrpelIVIW 61 I' "41 tit riSanrill 4 I to 141 7 a I -10Ji 11 ck 41k sKlifp 4--- P' e'- ------) I 1() 1 'i Li ''--1-----2- i' ---7 ''1111 ''cionitioNom Z-1- ---czz A e--- tr- 10 77 '1 (--- f------- I 4 Q) 14-----Ts ASKTHE I NSURAWE sitmouh 4 ift-- 11- 111 11'4 1 10 1 40 rJ-ate ii- 6 I in 19Z si ht 11440 ---'11 PHILAbELPHIA St Louis Cash Groin By the Amsnciated Press ST LOUIS Nov Wheat receipts 13 cars none sold steady Corn receipts 43 cars sold 27 cars old corn 71s tip New 1t21 up No 2 yellow 7934-81 No 3 78'4-80ks No 4 74-77114: No 5 7311-73 Oats receipts 2 (Am sold 3 ears 7 up tonal' whits 44 No 1 red 51ti PT' HARRIg UPHAM CO NEW YORK Nov 5--Market certainlY seems to have moved Out of the rut on the upside Heavy trade buying perhaps started by government quartermaster orders for cotton goods Don't believe election or good war news has influenced market much if any Trend certainly seems to have started for higher prices BROKERS LOANS GRAIN LETTER WASHINGTON Nov 5--Tho Federal Reserve hoard reported today that loans to brokers and dealers on securities held by reporting member banks in New York City totaled $548000000 In the week ended yesterday an increase of $135000000 compared with the previous week Loans for the corresponding week a year ago totaled $401000090 Court Declines To Approve Proposed Suit Settlement The French "de" must never be pronounced "dee" or "day" The has a neutral sound somewhat similar to the of dud dumb Hence the name de Gaulle (in writing the is never capitalized except when beginning a sentence) is pronounced: duh GOLE Other familiar patronymic devices are: The English Fitz- (from the French "fils" meaning the Irish and Gaelic Mac and Mc the Irish 0' the Italian -ini pronounced EE-nee as in Mussolini and the Russian -vich and -ovitch Let's Learn a New Word "Japans oil problem is one that she cannot solve by DYNAMISM" item The word "dynamism" is used frequently in discussing Nippon's determination to dominate all of Asia The word is from the Greek dynarnis "power" and is akin to dynamic dynamite dynamo dynasty Dynamism means "the quality of producing action by the operation of force" Pronounce it: DYEnuh-rnism 411 JETT APPOINTED TO SAFETY POST Former Engineer Will Be Supervisor On Eastern Lines Of Southern Railway PIT ARROTT PROCTOR PAINE CHICAGO Nov 5 Domestic grain markets stronger today under the leadership of corn A better tone to the war news strengthening securities and cotton aided in shaping up sentiment along with the later election returns which it was calculated would further tend to strengthen the hands of the farm bloc in Congress The demands were in the cash corn basis particularly of the wet new corn continuance of good cash corn demand from industries and distillers and light country offerings 1 CONSTRUCTION VOLUME HIGH DESPITE HOLIDAY By the Associated Press NEW YORK Nov construction volume for the last week despite the election day holiday was estimated today by the Engineering News-Record at 9137- 412000 more than three times the volume of the comparable 1941 week Federal construction which accounted for 91 per cent of the total was 428 per cent greater than the total in the corresponding week last year Private work was down 25 per cent This week boosted 1942 engineering construction to 98451997000 or 8n per cent more than for the first 45 weeks of 1941 By the Associated Prem NEW YORK Nov 5--Federal Judge Vincent Leibell declined to approve an offer of $4000000 in settlement of a stockholders' derivative suit filed against officers and directors of the General Motors corporation unless the offer is increased by $500000 and certain other adjustments are made Judge 'Albeit took the offer under advisement October 5 when counsel for the four plaintiff stockholders Augusta Winkelman Daniel Nishman Charles Schiff and Barry Jacobson urged the court to approve the settlement offer The suit is based upon alleged illegal bonus payments to officers of the corporation and the pettlement offer made last month was in conformity with a suggestion outlined by Leibell In a decision last April Judge Leibell objected to the terms of the compromise settlement which called for waivers by the corporation of certain possible efiliSPS of legal action not previously concerned in the suit He ruled that this offer was not acceptable unless the settlement be limited to the issues judicially determined on the merits as already set forth in the record of the case The court specified the exclusion tn the Pettlement of any claim that General Motors corporation may have against the Regent corporation John Raskob and Pierre du Pont for any benefits realized by them as a result of the exchange on June 5 1930 of 2400 managers securities class shares owned by Regent corporation for 243392 shares of General Motors common stock owned by General Motors Finally Leibell held that the settlement should satisfy the liability of only those defendants named in the final complaint in the fiction who contribute to the amount of the settlement plus the additional $509000 TREASURY ISSUES CALL FOR BANK REPAYMENTS By the Associated Press NEW YORK Nov Treasury today Issued a call as of November 4 on depository commercial banks throughout the country for repayment of 9190419- 000 In war loan deposits November 9 and a sitriilar amount November 10 of which S102353000 each day would be from the 1second New York) Federal Reserve For the defense of our cbuntry and victory for the Allies REPAIR if at all possibleREPLACE only when necessary Materials of all kinds are vital to the defense of is paramount Do your part by keeping your present possessions in A-I condition Room And Board BY GENE AHERN 'COTTON EXCHANGE GETS FIRST WOMAN OFFICIAL By the Associated Press NEW YORK Nov Mae Daly today became the first woman to hold titular erecutive rank in the New York cotton exchange when she was elected asststant oecretary of the commodity market miss Daly a native Of Richmond Mo has been with the exchange nine years Robert Murray president of the exchange said: "Miss Daly has served the exchange faithfully and intelligently over a period of years and her promotion is not due to any exigencies of the war It is based 1 on merit" GET YOUR SAVE ON QUALITY SHOE REPAIRS AT REPAIR MATERIALS The appointment of Fred Jett as safety supervisor or the eastern lines of the Southern Railway system with headquarters at Charlotte was announced today by A A Heidenreich general safety supervisor of eastern lines Mr Jett was born on July 10 1802 at Spartanburg an entered the Southern Railway's service in June 1910 as a laborer and in September 1911 was promoted to assistant foreman In 1913 he was employed as locomotive fireman and on May 12 1917 was promoted to engineer For the last 25 years Mr Jett has served as an engineer at Hayne yard As safety supervisor Mr Jett will' report to A A Heidenreich general safety supervisor of the South-erns eastern lines whose headquarters are located at Charlotte FROM tfi 4 4p A AJ MARTIN'S SHOE REPAIR SHOP THREE 11PS AND A 100RAY FOR HUNCLE -14 0- SmithViadoworth Hardware Company AND SAVE MONET 428 Tryon Phone 3-5161 Ak 11 SEE I TOLD YOU CHAPS HE'S A I BRING CHARACTER! I TOLD YOU CHAPS HE'S A rilINICE YOU FELLAS I t' Imi SD UP ABOUT 27 TONS or SCRAP RAIL I WANT -ro PUT THIS IN YOUR HANDS -TO 7 COOL OFF THE 0 BLISTERS! A TEN-DOLLAR BILL FOR EACH or YOU 77 AIL A MARTIN'S DEPARTMENT SOME East Trade and College Phone 3-6384 Corner 'TOAST MY CRUMPET ----rws IS A SURPRISE! WE WERE ABOUT READY 'TO AN NIHI LATE 'CCU OLD TRotrr 3-Lt411 111111i Furnace Roofing and Sheet Metal Repairs Call For Estimate Factory Approved FURNITURE 'FORMER TRUSOON STEEL COMPANY HEAD PASSES Ry the Associated Press CLEVELAND Nov 5--Julius Kahn president of the Truscon Steel company at Youngstown until it became a part of Republic Steel corporation in 1935 died last night Kahn also served as a Republic vice president from 1935 until his resignation in 1 939 He vas a brother of Albert Kahn noted Detroit architect He was founder of the United Steel company Wooster and chairman of the Troseon Laboratories at Detroit After his resignation from Republic Steel he was president of a Detroit realty firm which bore his name ARE THERE THREE TENS I IN HIS HAND? Let Us Apply A FLINIKOTE ROOF ON YOUR HOME We Rave Over 10000 Satisfied Customers 0 DAUGHTRY i 4 -4 1111 SHEET METAL CO 1109 Trade Ph 11-2195 III I 1 A Repairing Refinishing Upholstering Large Selection Upholstering Samples (t 4 oki! At INTERSTATE ROOFING Co COMPLETE 011147r) 4' 4W-44 1 0 1 REPAIR SERVICE 11 Winnnipeg Grain WINNIPEG Nov 5 No I northern 90 No 2 RV's: No 3 itel Oats No 2 while 46v4 No 3 43'4 Mill Remnants Co Subsidiary 'Fucker-Kirby Co Established 1920 Phone 8-2117 For Estimate RE-ROOF SOW NO DOWN PAYMENT-12 MONTHS TO PAT A ON ALL TYPES HEATING AND AIR CONDITIONING SYSTEMS il I toult (iNII 11 1111111h 519 Trade St Phone 2-3008 NEW RECORD HIGH ommiammi OlgMIKRNIL PAGE CO 5 Itr 0 DAVIDSON WON'T CHANGE ITS CHRISTMAS HOLIDAYS DAVIDSON Nov 5 Davidson college will not change its Christ mas holiday schedule of 17 days December I8-January 5 President John Cunningham told students at chapel exercises Tuesday morning Explaining the decision of the college not to make the change when many other institutions are altering their holiday period to alleviate travel conditions President Cunningham stated that the move would tend to "slow down the college 's accelerated program" and that he had been assured by trans-1 portation officials that the college's regular schedule would not ham-1 per their facilities at Christmas time I "Although many WOM en 'S I I I egos are changing their schedules most mens colleges are not' Pres ident Cunningham said adding that he had investigated the question thoroughly at a recent meeting of college officials in Philadelphia Spain's newest and largest re-j trigeratinn plant will prndure more than 100000 tons of ice a year 1 We Repair All Makes Of Cars Carolina Weathermoters tie Mint St Phone 11347 Nights X740 I 0 Ws furnish and Install floor and wall coverings for remodeling bathrooms kitchens basements etc Largest line of floor awermas linoleum linoleum tile rubber tile asphalt tile and oak block also weather stripe screens disappearing stairs I P1 CARRIER MOTORS 4) Air Conditioning and Contractors II LIAir Conditioning anidtContraelors I liol000momoologromposior 1 I i BOST BLDG EQUIP Co Olt 4th Phon 3-034Z1 Arthrrited Fontiati nervier L8T2 UMEN Tryon Phone 3-011e INNNIMEMEEMEMENEEMInner 1 FOR POWER OUTPUT EIV YORK Nov now- I er output in the week ended October 31 rose In new record hich fulfilling the Itstiki trend expected At thic time of yekr the Edison Electric inditute a nnOtInCed today Production of 3774f191nrin kflowAtt hour Pippaied wit' Ono in the preceding week And 3 48gnefi in the like rek of 1941 Toe pre into high fr no)R tnurs in the erg ended Senterhher 19 rcrt for Intel mimeo dile to r1eRings the norrr Al trend of lei I rower ptoduetion grA11A1- hIgher eek eek At th time nr the Ar rutminAting In the week loefore ChriOrneR 11 ttl" 1 SFR US FOR HOME REPAIRS rc fia 5 9THEY 11 'PAN NED HIM TO A CRISP STERDAY Prompt Down Payment 12 Montha to Without Obligation "Let's Go A--liccp 'cm Flying" I I '1 1 '1 qtiyg en for twA4 0 in TvtA e40miroll DOGGETT COMPAr 1 II- 6 i )( I rK3 Park Phon 179 i 1 INIMMIEri 1 4.

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