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Detroit Free Press from Detroit, Michigan • Page 15
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Detroit Free Press from Detroit, Michigan • Page 15

Location:
Detroit, Michigan
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Page:
15
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THE DETROIT FREE DECEMBER 2. 1940 NewSteelMill Detroit Stock Range Weekly Range from Monday, Nov. 25, Through Saturday, Nov. SO, 1940 Range This Year Dlv.Pald For Net Need Debated a limb with excess capacity by peace settlement in Europe. 3 Some companie find it difficult to raise capital by stock financing in the relatively depressed share market.

Despite these supposed drawbacks, some business observers argued the trend distinctly waa toward heavier outlay for mill expansion. Babson Group Notes Bright Local Outlook Minors Eye Job of Landis Ready to Demand Voice in Selection of New Commissioner High Low This Year Stock Volume' High Low Last Chg, 10 2 165 Defense Drive Brings .15 6.75 1.25 .40 .50 1735a 29 5 5 152 Ti 19 2', 41 Up Factory Question 7i Bad Weather Takes Big Bite from Returns of Charity Contest The weatherman refused to co-operate Saturday so -only 14,861 spectators saw St. Theresa's tie Cooley's football team, 6 to 6. in the annual Goodfellows' charity game at U. of Stadium.

It snowed until an hour before game time. It was bitterly cold and the hardy spectators had to huddle in blankets. Possibly you can't blame the spectators for staying away in such large numbers that the crowd was the smallest to see a Good-fellows' charity game since the series was started three years ago. Judge Ernest P. Lajoie, chairman of the Goodfellows' game committee, said the receipts were less than $10,000.

6 The officials can't control then An encouraging outlook for business in Detroit for the first quarter of 1,941 is seen by the Babson Organization, which plans a conference here Tuesday. th Aaaorlatfa' Praaa NEW YORK, Dec. 1 Business managers have been confronted Auto Production Schedules Step Up December production schedules Br the Associated Trent Dec. 1 Baseball's Durinsr the remaining part of with the question whether to spend millions enlarging capacity of Industries driven to the limit by the of several leading makes, of cars this year and the early part of next, the organization contends, minor leagues are getting ready to demand a voice In the naming of the next commissioner whenever a successor to Commissioner Kene-saw Mountain Landis is needed. defense-stimulated production rise.

Detroit should note a definite im and trucks are being stepped up Importantly in some cases as a result of continued stronger than provement in general business over a year ago. The favorable They started work today on the expected dealer and consumer de trend in the domestic business picture is expected, to be reflected long and tedious task of revising the major-minor league agreement under which all organized baseball operates and which expires Jan. 12, in Detroit business statistics, "we look for an increase during the 1942. first quarter of about per cent over the first quarter of 1940," The term of Commissioner Lan the statement says. 26 5'i 6 19 20 36 VA 231A VA .90 .02 7 7 .50 8 76 1 6 3 1 VA .60 .11 114 11 18 1H VA 2 VA .53 17 '4 128 7A 1 3 30 Vi 14 3'i VA 2 5 2 34 49 2 dis expires on the same date, so that, between now and the base The Babson Organization is sending three staff members to ball meetings of next winter, the Thorns Grow in Rose Bowl Detroit to discuss tne general whole code of the sport must be mand.

Present indications, based on shipping releases to suppliers of parts and materials, are a United States and Canadian output next month will approximata 450,000 units as compared with previously estimated schedules of 400,000. This production would bring the fourth quarter total to around 1,465,900 units or mora than 25 per cent above the previous peak for the period set last year. Assemblies In November are tentatively estimated at slightly above 600,000 against 396,000, the previous November high in 1939. October at 514,000 unit compared with 325,000 a year ago. gone over.

business and investment outlook. This conference will be held in the Grand Ballroom of the Hotel Stat- Today session of the executive committee of the minors, presided over by President William O. Steel men, according to report in financial circles, may be forced soon to make decisions on expanding plants to care for prospective defense needs. In steel, the hub of modern war Industry, mills are operating close to the limit of their ability to turn out metal with existing facilities. Washington is said in financial quarters to have been nudging steel leaders to go ahead witn expansion projects, in expectation armament demands in time would put a heavier burden upon the Industry.

Government Funds Used In aviation, munitions and shipbuilding, government funds have started the ball rolling for increase ing productive capacity. In allied supply industries, such as steel, industrialists must decide whether to risk corporate funds or to borrow capital to build extra capacity, It was pointed out. Some steel chieftans Insist there Is enough capacity in the Industry to handle both defense and ordinary demands fo. the metal. Con tArner Radiator 50 TAmer Tel Tel.

118 tAnacon Cop Min 127 Atlas Drop 3295 Baldwin 20 Bonn Alum 4 Bra. 30 tBorden 80 tBorg-Warner 225 Bower Roll Brg 50 Briggs Mfg 560 Brown McLaren 500 tBudd Wheel 200 Burr Add 584 Burry Biscuit 100 Casco Products 20 Chrysler Corp 543 tCommonw Sou 420 tConsolidated Oil. 50 Continental Motors 1700 Crowley, Milner 100 Det Clev 1830 Detroit Edison 169 Det Gasket, 100 Do pfd 10 Det Gray Iron 240 Det-Mich Stove 2300 Det Paper 4312 Det Steel Corp 300 tDow Chemical 65 Durham Mfg 650 tElcc Pow 50 Ex-CelI-0 338 Federal Mogul 360 Federal Mot Truck 1605 Frankenmuth Brew 100 Gar Wood 206 General Finance 525 tGeneral Foods 80 General Motors 935 Goebel Brewing ..1015 Graham-Paige 700 Grand Valley Brg. 100 Ball Brg 260 Hosklns Mfg 135 Houdaille-Her 315 Hudson Motor Car 365 Hurd Lock Mfg. 1464 Jacobs Co 200 Kingston Products 1025 Kinsel Drug 50 Kresge SS 538 tKrog Gro Bak 160 LaSalle Wines 300 Lakey Fdy Mach 100 Masco Screw Prod.

5700 ler, Tuesday, at 2:30 p. m. The purpose of the conference Is to discuss policies, in view of the present unsettled world conditions. Bramham, was the first of many meetings that will be held by the parties concerned in the interim. Only Beaten Clubs Available as Better Teams Go Elsewhere Businessmen and investors are Commissioner Big Issue invited to this conference arranged For the most part the changes to be considered are of a technical especially for Detroit.

After three Continued from First Sports Page nature matters of options, player bnef addresses by members of the Sole surprises of the dav oc- limits, drafts and transfers but the big, all-pervading issue hinges upon the minors' submission to Babson staff, questions will be welcomed from the floor. The speakers include E. Lafayette the Jurisdiction of the commis Quirin, Economist, who will speak TOLEDO EMPLOYMENT TOLEDO, Dec. 1 Fifty-one major Toledo plants, mainly automotive, reported 22,452 workers in the week-end Nov. 30, an in-srease of 106 over the preceding week and comparing with 18.854 a year ago.

The total employed is 100 short of the 1940 peak. sioner. o.i the "Outlook for Commodity .90 .05 Landis Is 75 years old and as H. Clyde Baldwin, Investment Expert, the "Security Out suming that he is re-elected to another seven-year term next win curred in the South, where Louisiana State beat Tulane, 14 to 0, and on the Pacific Coast, where Oregon turned on Oregon State, 20 to 0. Dropped from the unbeaten ranks was Texas Tech, 19 to 14 loser to New Mexico.

Southern games saw Duke top Pitt, 12 to Auburn whip Florida, 20 to Georgia beat Georgia Tech, 21 to 19; Davidson top The Citadel, 20 to 6, and Maryland look," and Arthur C. Babson, vice .32 .01 19'i 11 13VA 4 VA ter, it assuredly will be his last. He originally was gi'abbed up by tributing his voice In support of that contention last week was Tom M. Girdler, chairman Of president Babson's Reports, who will speak on the "Business Outlook." the sore-stricken major leagues In Republic Steel. .43 .02 1921 to save the sport of baseball after it had been sabotaged by the Black Sox scandal in the 1919 United States Steel recently announced a $20,000,000 expansion Big Shipping Season World Series.

project the Birmingham ds 2 1VA VA .54 2574 28 trict. Other companies. Including He was given almost unlimited for Lake Ore Closes DULTJTH, Dec. 1 (A. Republic, have moved to Increase power by the majors and he has 74 7Vi 168 7 165 3 27 28 'A 5tA 4i 6 6 30' 19 Ti 19 20 20 36 'A 384 23 7 23 .90 .90 7 7 7 .50 .50 8 8 76 76 1 1 6 6 374 3 1 1 .70 .60 114 114 11 11 18 18 1 1 24 2V4 .70 .58 17 VA 17 130 12874 1 1V4 N37A 314 30 VA 30 V4 14 14 3 3'i 2V4 2 5 5 2 2'i 35 34 VA 49 49 2 2 .90 .87 .32 .32 19 'A 19 Va 11 11 13 'i 13 'A 4'i 4 .48 .43 2 2 1 1VA .54 .54 2574 25V4 29VA 28 1 1 3 3 1VA 1V4 .17 .17 1 1V4 7 7 .71 70 7 7 1 1 38 Mi 3774 1274 1274 17 17 7 '7 5 5 14 14 3 3 317s 31 Vi 20 Vi 20 13 Vi 12 IV 1 2SVA 23VA 7VA 7Vi 1 1 2 214 1 1 20 Vi 20 75 75VA 4 4 1VA HA 8VA 8Vi 6 6VA 1 1VA 10 10 28 2774 174 1 .47 .47 4a 4A 4 4 8VA 7 7A 7VA 2 1 16 Vi 14 24 VA 23 VA 69 '4 6914 1'4 l'i l'i 1 2VA 2 .14 .13 16 18 VA 1074 1074 march the length of the field to tie Washington and Lee, 7 to 7.

Elsewhere there were Washington's 33-9 conquest of Washington State, the Huskies getting 27 points In the first eight minutes output of specialty steels, Includ' exercised It fully, although judi 1 Clearing the Duluth-Superior ciously. lng metal for armor plaU to meet Harbor at noon Saturday with about 9,000 tons of iron ore from 23 22 i 1.00 23U 1514 1-50 37 27 2.25 26 i 13 1.50 l'i .52 8' 3 .20 12 7j .50 1.00 90i 554 5.50 l3i .87 4s 2H 2 iSi .53..... 125 C8Va 6.00 11 11 15 .30 li 1 .02 2. .10 ls .50 17 13 l' .75 7 34 204 1.65 15 10 .75 434 2a4 2 .20 6 3 Hi .20 48 37 2.00 56 37Vi 3.75 2 2 .25 .50 .80 .30 19 14 1.10 14 'i 10 .75 16 "a 9 1.00 6' 3 .52 .32 3 L4 1 Ti 1 1 .60 .35 .05 26 19 1.35 32 24 2.00 li l's' -15 4 2 .20 1 75 .27 .16 2'i Hi -15 5 .70 l' .60 11 6 .15 2V 1 39 3814 2.75 16 9 '4 1.00 18'i 12 1.60 814 4U .25 18 IHi 4 Vs 2 Va 44 1-20 23 18 2.00 14 V. 8V4 .75 1 1 24 19 Va 1.50 9T4 6V4 -75 1 1 3 2' .12 lVa 25 17 Va 1-60 7 37s .30 1 117s 714 .50 7 5V4 -40 2 1 14 VA' 10VA '50 29 'a 18 Va 2.25 2 1 -15 .60 .26 4 4VA.

.30 4 2V4 .625 9 4 .80 7V4 4 .50 2 1 16 Vi 7 25 '4 16 76'i 42Va 3.00 2 1 ITr .90 2 Vi i 1 25 .09 16V4 ,625 urg-ent Navy demand. But no Industry-wide rush to 3 Vi 1VA V4 .17 14 7 of the final quarter; Southern California's 28-12 of V.C.lA., to wind up the Uclans' worst season on record. enlarge mills has appeared yet the Great Northern docks, Superior, the steamer Maryland officially closed the Lake Superior aunougn there has been talk of a general move in that direction .71 .04 WEEK IS STOCKS AXD BONDS fiTllfKH BOND Total aalra 3. Ja.mh SIU.imm Pally avrrai. iMTfrMl T.WIS.OOffl A hour 474,4111 6.M8.IMKI Following iltra the mK of Dow.

Jonr. rioting averafra for Ilia week nde4 Ntlurilaj STOCK AVERAf.M Hljh Low Hat NetOin. Indna. liu.TS llll Ot 0.41 Kail s.3; 27.97 27.7 1.41 I 111.. MAO J9.87 ln.B7 4.1 05 Mka 41 17 4.I.U3 0 64 B(IM) MKKAGKS 40 Bond 1MIJ3 ttO.08 UU.IO Hr.t l.rade Kail.

93.03 04.61 91.69 0.39 Herond (irade Ralla 47 411.74 47.10 o.S.1 I'HL I HIM II II IHI Ilium Indus. I on. 1 ox oh. no t'OMMUUITV Hl'IKB INDEX sii.ti'j an. a im.M e.i.i Thancta fljur.d from tha eloaa Not.

T.I, 11)10. Bins roa constkijction oftica at tha United Slalea Protierly and Diihurmnir Officer for 208 Holllaier Bml.t-inc. I' 0. Hot -10. Lannnr, Michigan.

Scalfil prnpoaala in triplicate will be received here until 2:00 P. Eastern Standard Time. December 19. 1940, then opened, or aiMHinna and allerationa In military hant-ar building located at the Wayne Connie Airport, Middle Bell and Goddard Hoada, Wayne Count)', Mlehitan. Kurlher Information on application.

under Government prodding. Factors Cited ore snipping season which became the third largest in history with a total of 63,353,613 tons being carried to lower lake ports since last April. 300 600 165 300 115 550 180 10 15 611 20 McClanahan Oil Michigan Silica Mich Steel Mich Sugar Micromatlc Hone Mid-West Abrasive tMontgom Ward Motor Products Motor Wheel Murray Corp tNash-Kelvinator. The reluctance of manv Indus- weather. But they can do something the Goodfellows have been idvocating for some time.

They can arrange the schedules of the City and Catholic Leagues so the finals in these games will be played tarlv in November. In this way the 'Goodfellows could schedule the charity game no later than Thanksgiving and be reasonably certain of good football weather. Weather Turns Bad If the Goodfellows had been able to stage their charity game on Thanskgiving afternoon, the crowd undoubtedly would have exceeded 25 000. They couldn't do this because the league champions hadn't been decided by that time. They had to schedule the game for Nov, 30.

The odds are all against having good football weather at that time of the year. The unfortunate part of this late jeheduling of the game is that the same thing has occurred three times. In 1938 Hamtramck and Catholic Central met on a snowy, cold day. The weather was bad for the Catholic Central-U. of D.

High game last year. Both gafies jpere played after Thanksgiving. In contrast to the small crowd 6t the Detroit charity game, the charity game In Chicago between Fenger and Leo High Schools attracted approximately 75,000 fans Saturday and a gate of $100,000. Of course, the Chicago charity game has been 'established longer than the Detroit game. The Chicago contest also has a political tie-up.

Larger Crowd Possible However, Detroit still should do better than 14,861 and one of the ways of assuring bigger crowds is to play the game earlier. Fenger won the game in Chicago, 18 to 0. It is unlikely that the Chicago game was any more interesting than the Detroit contest. At U. of D.

Stadium St. Theresa's staged one of the finest rallies of the year to gain the tie. The Pirates went 51 yards in the dying minutes to score. Fullback Jack Cutting plunged two yards for the tying touchdown with only two minutes and 24 seconds to play. Early In the fourth period Cooley's alternate fullback, Elmer Thiede, had galloped 30 yards for Cooley's touchdown.

This came after All-City Guard Allen Griffiths had recovered a St. Theresa's fumble. The Detroit game cwtainly was closer than the Chicago game. Despite the icy field, St Theresa's and Cooley played good football. Joey Smith, of St.

Theresa's, got away two punts which went 66 and 50 yards. Bain Smith turned in some fine passing and Cutting some nice plunging for St. Theresa's. Thiede and Bill Culligan did a great job in the Cooley backfield and Griffiths and End Bob Smith played well In the line. It was a good game except for one reason: It was played too late in the season and the poor weather kept the crowd down.

trialiats to invest large sums for 7 Is 3774 12 17 7 5 14 Insurance on cargoes expired aciaea capacity is attributed in part to these considerations: Ohio Bowlers Lead at Flint i Detroiter Shows Way in Class Singles with His 652 Series at midnight. Final shipments from all Lake Superior docks during November totaled 5,349,916 1 Assumption that much of the autumn suree in factory activity tons. 3 VA has been due to Inventory building Previous season record ship Mt Landis' power over the minors is not as broad as it is with the majors, the major-minor agreement says at the start that the little leagues "submit themselves to his jurisdiction only to the extent hereinafter specified," No Complaints Heard Early arrivals for the thirty-ninth annual convention of the National Association of Professional Baseball Leagues had no complaint against the white-haired baseball commissioner, but they apparently were agreed that the time had come to look ahead to the day a successor would have to be chosen and were insistent thut they should have something to say about who he might be. Naturally the majors, who meet next week in Chicago, will have to concur in whatever proposals the minors finally adopt. At present Landis is In his third-seven-year term, receiving a salary of $50,000 per year.

The rules provide that his powers may not be diminished during his term in office and that if he dies or resigns the major-minor league agreement must be continued in ana inai me present pressure on capacity therefore may be brief. ments were 65,195,478 tons in 1929, the all-time record; 64,734,198 tons 1VA 2 Fear that the heavv InHtm in 1916 and 62,598,836 tons in 31 Vi 20 V4 13 Hi 23 VA 7Vi 1 2 1937. tries suddenly brought to life by war orders might be left out on The Great Northern docks In Br the Assnrlatrd presa FLINT, Dec. 1 William Kenet and Joe Bodis, Cleveland bowlers. Superior shipped the largest ton tN Cent 1019 Packard Motor 275 Parke Davis 2445 Parker R-Proof 40 Parker-Wolverine 3403 Peninsular Met 600 tPenn 40 Pfeiffer Brewing 50 Reo Motor 100 Rickel Co 400 River Raisin 800 Scotten Dillon 100 tSears, Roebuck 39 Sheller Mfg 450 Simplicity Pattern.

100 tSocony Vacuum 110 tStandard Brands. 350 Stand Tube 1100 Stearns Fred'k com 180 nage, 19,459,831 tons, with the M. R. In Duluth second came to the defense of their Class A doubles championship in the Central States tournament with a with 16,267,848 tons. 20VA 75 4 VA Brokers' Agreement 1244 Sunday at Flint Recreation, The figure gave them the lead on the board, but appears to have little chance of standing up for long.

Kenet led the pair's efforts with 1VA 8V4 6 to Shuffle Branches NEW YORK, Dec. a 639, including a third game of NOTICE OF REDEMPTION To Holders of HOWELL ELECTRIC MOTORS COMPANY First Mortgage 4 "Bonds Dated June 1, 1936, Due June 1, 1948 NOTICE IS HEREBY. GIVEN that In accordance with the provWrme of Article IV of the Trunt Indenture da'ed June I. between the Howell Elwrtrio Motor Company, a Michlaaan Corporation, and tlie Union Guardian Trust Company, TruaU-e, Uie Howell Electric Motora Company haa riven th trustee written notice that fund will be available to redeem oo December 31, I94U, all of IU outstanding 454 fi r'imt Mortaae Bonda land aon-lnierel bearini ecrlp) at oar value and interest accrued to the date ot redemption. On aald date.

December 31, 1010. eald bonda will he paid and redeemed at the aforcimid redemption pruje upon eurrender thereof wilh all JDimrtenant coupona maturing on and after aaid date, at the office of the Union Guardian Trust Company, Union Guardian Bulldliw, Detroit, ilichijan. The New York Stock Exchange firms of Fenner Beane, Thomson Its present form for one year after 46. Last year they won the event with 1332. Bodis took the Class A singles lead with a 662 count.

Another Cleveland pair, Steve tne listed date for expiration. Opening Is Wednesday McKinnon and Post Flagg Tlmken-Det Axle Tlvoli Brewing Tom Moore Distill. Udylite 1 10 VA 28 1 .47 4VA 4 V4 8VA 7VA 2 The regular convention sessions have reached an agreement to rearrange branch offices in several cities to ease competitive condi will open Wednesday and will con 145 500 103 980 500 45 60 300 210 United Shirt Nagy -1 Alex Samolis, moved into the front in Class doubles with 1264, Samolis counting 635 tions. unue uiree aays. Jn tnat time a great many amendments to the minors' own code will be voted Under the plan only one of the pins.

Ben Konieczny, of Detroit, United Specialties Graphite Rad com Do pfd three houses will retain an office topped tne Class a singles with a 652 series, including a high second upon. Some of the most important deal with the finances of the Na in the affected cities, where at From and after December 31, 1910, Interest ahall cease to accrue on aald tional Association, which has built present at least two and, In some cases, all three, have branches. bonda up a reserve fund of about $200,000, The Fort Worth club of the UNION GUARDIAN, TRUST COMPANY. Trustee. By A.

A. r. Muwell, Vice-President. io'3 69 i 1'4 1 2 .14 16 '4 10 Texas League hag proposed that tU Rubber 305 tU Steel 750 Universal Cool 160 Warner Aircraft 800 Wayne Screw Prod 1400 Wolverine Brewing 200 tYell Trk Coach 219 Young Spr Wire 25 Detroit. Mlehitan December 2.

1940 EARNINGS Burlington Mills in the first nine of this be distributed back to the clubs. Another amend game of 246. Two Grand Rapids teams, Stag and Twentieth Century Recreation No. 1, rolled into the lead in Class A and respectively, over the week-end. Stag registered a 3052 despite a third game of 962, while Twentieth Century had a 3016.

A poor start of 869 in the first game cost Cleveland Roscnblums a chance to go into the lead in Class A as they finished strong for 2922 and second place. ment, proposed by the Piedmont League, would cut the commission months had net profit after taxes, equal to $2.75 a share, against $1,460,999, or $2.34 a year ago. Company has changed its fiscal year to end last Saturday in received by the association for -Oddlots. t-Unlisted. handling contract assignments facptember instead of calendar irom per cent to 1 per cent to 50,000 UP TO year basis.

Keep this fund from growins. Brlllo Manufacturing In the first Since all the major league clubs Pro Scoring Race Won by Hutson nine months had net profit nave more or less extensive in terests in the minors, all the bi 980, after excess profits tax, equal Corporation Earnings NEW YORK, Dec. 1A.P Corporate earniiiaa reports tutted during the past week Hhowuff proliu per common hMcA included! after dividend reauirements on league clubs will be represented at the convention. In addition to the business heads, most of the managers also will be present with the Class A to 91 cents a common share, against $220,118, or $1.28 a common share a year ago. Don Aoclafed Prt CLEVELAND, Dec.

1 Hutson, veteran Green Bay end, hope of putting through player Outboard Marine St Manufactur November Dealings Best Since Last May NEW YORK, Dec. 1 (A.P.) Stock and bond sales In November climbed to the highest since last May, the New York Stock Exchange said today. Stock transfers in the Exchange jumped to 20,893,471 shares from 14,489,085 in October and were a little ahead of 19,225,036 in November last year. In May sales totaled 38,964,712 shares. Bond sales amounted to iraues.

ing Co. and subsidiaries in the Quarter Ended Oct. 31 1941 Crown ZeUerbtch .64 Kayonler Koyal Typewriter 1.78 Ouarter Knded Sent. 30 American Safety Razor .13 t'dt a ola Illtl 4.07 year ended Sept. 30 had net profit ..15 1.IH SOU OS nosed out Johnny Drake, Cleveland fullback, for the individual scoring title of the National Football League by scoring seven points to- available for investment in manufacturing plant or proposition that is going concern with possibilities.

Investor will give time and service-Engineering Manufacture Sales. Responsible executive well known builder of successful business. Outline proposals confidential. My references any bank. Address Box 1771, Detroit Free Press.

equal to $4.43 a share, against $1,036,904, or $3.49 In the preceding year. Contineiital-Damond Fibre 1H Crown Cork tt Sea! 1.18 Hockey NATIONAL LEAGUE uay in tne I'acker-Ram game. Unofficial fieures eive Hutson, Waukesha Motor in the quarter former Alabama star, 57 points on entica Oct. 31 had net profit $92, 2 14 .91 seven touchdowns and 15 added or c. rt, Toronto 17 506, equal to 23 cents a share, against $71,487, or 18 cents a year Pnts.

Drake, who played at Pur IIM'KIIIT 4 Monlha Ended Oct. 31 American Car ft Foundry t2 84 9 Month! Knded Sept. 30 Burlington Mill 1.75 Lion Oil 1.U5 Year Ended Oct. 31 Brown Shoe 2.03 Year Ended Sept. 30 Waliereen Co 2.

10 Year Ended Aug. 31 Sehenley Dlittllera 2.73 ton preferred etocki. V. OF M. SEXTET LOSES ANN ARBOR, Dec.

1 (A.P.) University of Michigan's hockey team came from behind three times tonight before losing Its season's opener, 7 to 5, to London (Ont.) Athletic Club In rough and tumble overtime game Saturday night. Holzbaugh Sextet toPIay Spitfires The Detroit Holzbaughs and Windsor Spitfires, who are making a two-team fight out of the Michigan-Ontario Hockey League, will meet for the fourth time this season at the Olympia at 8 p. m. Monday. Detroit won an overtime battle in Windsor, and the Spitfires won on Detroit ice last week.

Their first meeting ended in a 3-3 tie at the Olympia. At present Windsor has a comfortable four-point lead in the league standings. Even if the Holzbaughs take Monday night's 2.13 187 215,825, face value, against ago. due, finished the season with nine touchdowns and two added points 981,000 in October and Crown Cork Seal, and ior ob. 685,000 a year ago.

In May wholly owned domestic subsidiaries I Irani 4 4 HuHton a 3 Itnnaera 4 Americana 7 1 1 Montreal 2 3 1j SUNDAY'S RESl LT8 Toronto 3. DETROIT J. HiKtmt JO. American 3. thiraao 1, Manners 1.

Drake took a brief lead In the $176,105,000, in business was done, for the nine months ended Sept. 'coring race by tallying a touch R0 had net profit $2,058,282, equal to $3.24 a common share, against 'town in the first half today, but his placement kick for the extra point was low. Hutson went over the goal line in the final period on a 11-yard pass from Harold Van Every and made a perfect kick for AMERICAN LEAGl'E WESTERN DIVISION $1,627,549, or $2.41 a year ago. No provision was made for excess profits tax. September quarter earned $751,094, or $1.18, against $831,655, or $1.36 a year ago.

OA IM. TMt Jvtrtisement it neither tn offer It sell nor solicitation of offers to buy any of this stock, Tht offerini is made only hy tht Prospectus, Cleveland if rill.hurith 7 llerslicv 5 Imliniinnolls 3 Buffalo 3 V.F tH II' 43 iti we point that gave him the scor ing honors. NEW ISSUE Dcccmbtt 2, 1940 sextet explodes 3'! 4,1 4:1 41! r. 35 it 4 Scoring goals in the last period, the Rouge Tark Rink defeated EASTERN DIVISION (IP Nnrlniflrlrt 4 (it New Haven 8 3 I'lllladelnhia 3K Providence A 9 33 fame there is little chance for Currier's Lumber. 14 to 3.

in Westward A. A. League hockey game Sunday afternoon. The Rouge Park club is unbeaten in the Detroit sextet to recapture the league-leading position. Detroit's only other game this week will be Saturday night at Muskegon.

Windsor will be at home to Muskegon Friday night and will travel NINDAV8 RKS1 ITS New Haven Phlladelnhla 1, Cleveland 4. Providence 'i. INIUhiireh 4. lnlinnollft 1, bprinalield 6, Buffalo 0. ALL MODERN FACILITIES 115,270 Shares Standard Accident Insurance Company Common Stock (JI0 par Tilue live games.

MICHIGAN-ONTARIO LEAGUE to Toledo Saturday nignu ill Hi ar OA pi, i 19 J. Wlnd.nr II DKTKOIT 4 Tnlnlo 4 Musketon 1 Ti 'IK 14 33 StNOAVS RKSILT Toledo 4, Muskeann 1, Ilk toft INTER-CITY LEAGUE in the Free Press Building OP GA PR 0 17 7 1 1 1 1 Price $54 per share I 11 13 13 11 Rarom 3 I'. A. Altea Hurhiim 3 llntntrHinelc Kennedys 3 rlhurs 1 Marerllus 15 IS 17 1 4 13 MONDAY'S GAME Marrrlloa vs. A.

W. MONDAY, DEC. 2 Handball Class tournament, 6:30 p. Northeastern' Y.M.C.A., Harper and Cadillac. Hockey Michigan-Ontario League: Detroit vs.

Windsor, 8 p. Olympia. Inter-City League: Marccllus vs. U.A.W., 10:30 p. Olympia.

Wrestling Main event, Reb Russell vs. Leo Wallick, 8:30 p. Arena Gardens, 5795 Woodward. Standard Accident Insurance Company Common Slock Copies of tht Prospectus may be obtained from The First Boston Corporation tr from such of the sezrrtl Underwriters lilted in the pro'pectus as are registered dealers in' securities in this State. Office hours are pleasant ones for tenants In the Free Press Building, for every thought has been given to their comfort and convenience.

Rental rates, however, are surprisingly low. See the desirable single offices and suites that are now available. THE FREE PRESS BUILDING Lafayette Wayne to Cass For f'ldh-T tn fmrmtinn. nr W-uier ka. tiri.

MM, ft rn to 5 p. ni. room Mi), tree Vre Bldjf. to help yourself to extra Christmas money, sell those "stored-away" household goods hidden in the attic or basement. Your small ad in the "Articles for Sale" columns of the Free Press ill bring quick results.

Telephone RAndolph 9400. AMKRICAN LEAGUE SOCCER Hmnkltiittii'i 3. rw Yorli Hrur.kln' Hit nana el- A.H.Y00EL&C0. temhrt Detroit Stork Exrhant 1830 Prnolwol Dlilg. Cllorry 2310 Xnirrirarn 1.

Irish-mrirn O. l-hilaaVllthia 4, I'htladrlullla mn. "nTi-n Hill imore 8. f. 1.

Baltimore AnwI- ran 1..

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