THE SPRINGFIELD DAILY REPUBLICAN, SPRINGFIELD, TUESDAY, JANUARY 19, 1943 15 Smashed Tanks, Guns Dot Plains A's Soviets Crowd Retiring Nazis Transport Plane Carries Newsmen in Flight to Outskirts of Stalingrad By EDDY GILMORE With the led Army On the Stalingrad The red army puts on some interesting travel tours down this way, and. today's little excursion within sight of Stalingrad on the Volga certainly WaS worth the ride, the discomfort and the cold. We piled into bus up toward the front, rumbled over a rough road for 20 minutes to al broad spacious airdrome. Our plane, a big Douglas, was waiting. 'The plane was the kind used for parachutists and to carry the wounded In order a to look out of the windows we had to get on our knees and rest our elbows on the thin portable wooden seats.
The plane flew low over the railway which has been so much in the news since the Germans started their campaign against Stalingrad. Over many miles of it we could see Russian workers changing the gauge from the standard German track back to their OWN wider gauge. We reached the Abganerovo sector Get got the finest battlefield sight yet after of a the Sosmoke had died away. Acres of' Destroyed Tanks Tanks, silent, frozen, wrecked, halfwrecked and burned, were scattered pout literally for miles. They pointed in all directions.
giving us an idea of what 7. terrific battle must have gone on here. Every so often we soared over a smashed airplane. There was a ghostly aspect about these acres of silent tanks. Snow had fallen and a light covering decorated the tanks and their black guns stuck out in sharp ailhouet.
There was no living soul among these wrecks. Numerous big, medium and small cannon were lying about. Sometimes We sWonped low over gaping skyward, their mouths smashed to spinters by the force of the Soviet advance. We knew we were approaching the southern area and the surrounded A Jackknife Will Do -If You're Hungry Shreveport, Jan. 18-(AP) -Shreveport housewives who now have to slice their 0 bread.
today faced another problem-a shortage of bread knives. A check of local hardware stores revealed only Gone bread knife on hand. It was priced at $2.50. HAMPDEN TOWN FINANCES IN GOOD CONDITION Hampden, Jan. 18-The town Hampden not only kept within budget but.
has come through the year in the best financial standing in history with it balance of $28.831.55 according to the report the town keeper, Charles F. Medicke. The balance ou January 1. 1042 was $27,685.03 while the receipts for the; were $96.476.64. However, the expenditures were only $95.330.13.
only outstanding debt of the 31 temporary loan in anticip.tion of reimbursem*nt, amounting but $5900, while the real estate and personal property levies of 1941 and 1912 amount $8925.072 Humiden's share of the income taxes amounted to $1143 which included $1125 allocated for the schools. The sum of $909.01 was from corporation taxes. LicEnses of all kinds added $539.25 to the general revenue Which was further boosted by $134.80 from dog taxes. State reimbursem*nts for school transportation, and tuition amounted to $15,110.11. Reginald Temple of Glendale road earlv in the fall and reported to Camp Devens, has been transferred to Camp Perry, with the 10th casual detachment.
'The' benefit affair held recently at the flampden House for the Johnson Memorial hospital of Stafford Springs under the auspices of the Catholic Women's club netted $140.70 with all the returns not yet in according to report by the general chairman, Mrs Frank I. Munsell of Wilbraham road. EAST SPRINGFIELD ceived Forty-cight into new East Congregational 9 "members were rechurch during 1942, instead of 38 as announced in yesterday's report of the church's annual meeting Members appointed to attend Congregational meetings is delegates in the present year Hugh R. Parker, Mrs Herman B. Nash, Drs Arthur HI.
Wiltsie. Drs Wilson CH. Dougherty, Drs Charles F. Roberts, Roy 11. Herner, Hugh Reynolds, Robert 4.
F1- r.hinstone, Ralph Ormsbee and Dirs Sarkis Sedarian. A committee apnointed to present plans for the tentative purchase of a parsonage includes Mr Einstopne, chairman, Mrs Granville Mondon, S. AV. Roberts, Mrs O.V. Simonson and Mrs Clark R.
Caskey, Members of the Victory club will meet tomorrow night at the home of Mrs Archibald Mathison of College street to sew and knit for the British War Relief society A social hour will follow the meeting with refreshments to he served by the hostess. Miss Muriel Kendall of Northampton avenuo will entertain at bridge at her tonight with members of the TIV club as guests. .1 meeting of the ALC club is scheduled for Thursday night when MI's Robert Watson of Page boulevard will be hostess. ridge will be in play. Capt Herman B.
Nash has returned to Ft Strong Boston, where he is stationed in the United States army, spending weekend with 'Mrs Nash and their Sons of Osborne terrace, A series of telephone bridge parties 1g heing hell during January and February at the homes of members of the Hast Spritu field Women's club for benefit of the club treasury. Airs Fred Skidmore of Montclair street is chairman of the series, assisted by 0 Mrs George 1. Carter and MrA Sheldon S. Willard, cochairmen of ways and Special prizes are offered for high scores ingrontract and nuetion bridge and whist. Mr Prentice and street Mrs have George L.
received Carter word of their son, LeslicO has been made it hospital apprentice, first class, in the (03 United States navy, and ds "soinewhere in the South Pacific." enO age. listed oneS ear ago when 17 years of A. STRIKERS RETURN TO WORK 18-(AP)-Drivers of a. bus lines whose strike has affected transportation of war workers returned to their jobs after conference with the Massachusetts Board of Conciliation and arbitration. To keep aChorse in good condition through the winter, he should not he housed for more than 24 hours a chance to act some outdoor extreisc.
BRINGING FACTORY NEARER TO FARM SEEN GOOD TREND Better Balanced Economy and Less Dependence On Industrial East Seen Result of War Population Shift ByOJ. G. DONLEY New York, Jan. --Not only westward, but also southward, the course of empire--in the sense of industrial empire--takes its way. And that goes also for the trend of population.
Those twin facts war-stimulated industrialization of the' West and South, along with sharp population gains in war-plant areas-are giving the marketers a great deal to think about. The marketers are the of distribution; 15 the job of figuring out and anticipating SO far as possible those changes in consumer buying power which make it desirable to put. more pressure on selling and merchandising efforts in certain areas while eating off in others. l'opulation shifts Gilso are a live topic of discussion by those looking ahead to postwar planning. From this viewpoint, there is concern lest the end of war production may find large numbers of workers stranded by deflated labor demand.
The obverse side of this view is one of cheer for communities from which numbers have been drawn to fields temporarily greener. Many, the hope is, will come trooping back to the home stamping ground, perhaps to buy or build new homes and spend their accumulations in other ways. It is estimated that savings of families in 1013 were about 70 per cent higher than in 1941; that 57 per cent of increased income is beling saved. Many in 'Auto Trailers Apparent evidence of the transient rature of such war -area population is found in the large numbers living auto trailers. The government itself has supplied thousands of such homes 011 wheels, as housing.
Despite their limitations, inquiries have Indicated that workers like trailers, and when they acquire tires and become. mobile they could transmit quality to a sizable army of workers ready to gypsy along to the best job market. Trailers could prove to be an umportant solvent of postwar labor distribution problems. lt is estimated that the government is renting come 30,000 of them to war workers, while an additional 170,000 of about 250,000 privately owned mobile homes, are estimated to belong to familics now supported by war work. 'The beauty the transposition of these families without residential roots would be its rainlessness, low cost and high speed.
Census bureau figures provide the meaty facts. Between April 1, 1910, and May 1. 1942, the following "metropolitan percentage districts" increases recorded in the civilian San Diego, 35.1; Norfolk. Newport News, Portsmouth, 33.5; Mobile, of 33.1; Montgomery, 29.7; Corpus Christi, 28.0; Washington. D.
25.1; Charleston, S. 21.6; Jacksonville, 22.9; 'Columbus, 16.2; Detroit, Little Rock 12.8; San Antonio, 12.0; Columbus, 10.8; Louisville, 10.1; Beaumont, Port Arthur, 10.3; Dayton, 10.2: Gaiveston, 10.0. South'- Gain- Are Largest The West and South representation or more wartime a gain in population among these cities 10 per cent bulks surprisingly large. The South has had more of the larger gains. To round out the West-coast representation, it may be well to note Neuttle, with a an increase of 9.1 per cent; the San Francisco-Onkland area, 6.6 per cent; andoLos Angeles, 4.5 per cent.
Some of this is out-and-out warboom stuff, due to fold with war's end. Some goes deeper and marks the acceleration of previously established trends--geographically spreading inaustrialization. For the South and Pacific coast depends less on agriculture; two strings to theirabows. It seems to this writer that the eventual outcome of a two-ocean war must be'a "two-sided' nation, a hettor balanced national economy, with less dependence upon. the highly industrialized East.
Bringing the factory closer to the farm should help to break down the old dividing line between conflicting intercsta. But in the afterwar shakedown. of course. the case of each of the mushronmed areas will have to be settled on its own peculiar pros and cons. will that is something which keep the marketers sitting up nights tor A long time to Boston Produce Market Boston, Jan.
18 (AP) Jobbing prices (with wholesale prices in parentheses) today following butter quotations are basic prices submitted by the 92 score 01 score 90 score 461. Eggs. nearby specials large Flour, spring patents 196 pounds in 98-pound sacks no quotation. Corn, all rail No 2 yellow 1.17-1.18. Oats, all rail 40 pounds, poultry, 75-76.
Hay, No 2 timothy 23.50-21.50. I'otatoes, Green and Chippewas 2.50-2.60. Beef, sides good to choice Lambs, good to choice 26-28. Veal, good to choice 20-243. P'oultry, choice dressed fowls fincy live fowls 27.
Sugar, fine granulated 100 pounds 5.60. Pork loins, 8 to 12 pounds Chicago Grain Market Chicago, Jan. 18-(AP)-Lack of buying interest today caused wheat and other grains to case in a slow market. The bread cereal was down 2. cent at one time, but recovered about half of this loss in the last few minutes of trading, Grain men said mills were much less active in wheat futures than they have been recently, suggesting that the flour demand was less urgent.
Corn and oats weakened on a slackening of shipping demand. Wheat finished lower, May July corn was unchanged to 14 lower, May vats lost rye was off and soybeans gained A report from Now York that Mexico had bought between 4,000.000 and 5,000.000 bushels of United States hard wheat last week imparted strength to futures at the close. Originally, it had been reported' that Mexico's purchases totaled only 3,000,000 bushels. Sales of cash wheat by farmers were not large, and grain men snid little wheat had been withdrawn from government loan recently despite an upturn in prices. When accrued charges are added to the loan, producers are to break even Withdrawals, trade analysts asserterin men said the Commodity Credit corporation WalSa making fairly liberal sales of cash wheat for feeding purposes.
('losing Grain Quotations WHEAT High Low. Close May 1.10⅓ 1.39 1.39½-⅝ 1.40 1.39 1.39½ September 1.40⅞ 1.39¾ 1.40¼ CORN May July September 991 OATS May 59 July September SOYBEANS May 1.85¼ 1.81½ 1.84¾ July 1.85¾ RYE May 79 July September BOSTON TERMINAL WOULD REORGANIZE Plan Submitted to ICC Stipulates. That Proponents Do Not Assent to. the Socalled Debtor's Plan Washington, Jan. 18 -1 plan reorganization for the Boston Terminal company, by which, the ing railroads ultimately would the property free of encumbrances, waS submitted today to the Interstate Commerce commission.
The plan was advanced by the tual savings bank group committee, holders of $7,400.000 of the $15,155,000 first mortgage bonds of the Boston Terminal company now outstanding. Reservation Announced It was filed with the ICC and Federal district court in Massach setts "With the 'express reservation or agree that the socalled debtor's that the parties hereto do not assent plan of reorganization, filed November 18, 1942, complies with the provisions of the bankruptcy act." The using railroads would pay cash to creditors whose claims arose after November 3, 1939. They also would pay the state taxes, while the Terminal company would pay the federal taxes. Claim Dof the using railroads against the company would waived, but the amounts would left with the company aS working capital. Would Extend Bunds Outstanding bonds, which February 1, 1917, und July would be extended 'to July.
1. 1970, with interest to be paid by the railroads. Rentals from concessions and offices in the building, amounting $500.000 annually, would go into sinking fund toward the retirement of the bonds, Railroads involved are the New York Central, New York, New Haven Hartford, Old Colony, Boston Providence, and Boston Albany, their successors' lessces. Wholesale Produce Market doz. 3.30-6.00.
Mushrooms. 3 lb. bskt. 1.00-1.10. Onions, 50 lb, bags.
nat. 2.00; N. Y. State, 2.00-2.23: Mich Ind. 10 Vi.
bags Spanish type, large, 2.30-2.75: med. size, 2.21-2.33. Parsnips, nat. 1.10-1.25: med. 1.00.
Peppers, Fla. Texas, ct. 3.73-4.00; choice, 3.00-3.27. Potatoes, nat. 100-1b.
bags. Green Mountains, Katahdins, Sebagos, Maine, 13-lb. bags, Potatoes, sweet, Shpr. N. 1.83-2.35: Yanis.
Radishes, Texas. 15 ct. report. Spinach, Texas, 1.83-2.15. Squash.
Hubbard. summer squash, bu. 3.00-0.50. Tomatoes. repacks, 10 lus.
1.80-2.00; pound cartons, Turnips, J'. 30-lo, bags, waxed. Apples: Mcintosh, bu. cold storage, up. 1.70-2.00, few beat, 2.25; Ba, 1.03-1.30: comnion storage, best, 1.50, few 1.70; grade, 1.25-1.35; uncl.
bu. GreenIngS, cold storage, 1.30-1.73: common storage, 1.25-1,70: med. qual. 1.00; Baldwing, cold storage, TOY 1.30-1.65, fow higher: No. 1.35-1.50: common storage, Jis, Cortland, fey.
1.50-1.73; No. 1, 1.27- 1.33: Delicious, 2.00-2.25: No. 1, 1.30- 1.60: Northern Spy, foy. No. 1, Romes.
1.25-1.30. Cranberries, Mass. 23-1b. hox. 4.00-4.50.
Grapes. box, Emperors 3.25-8.30: med. 2.50-3.00. Grapefruit, box, 3.00-3.30: choice, 2.50-3.00: seedless, Texas, box, 4.27-4.50. Lemons, box, Cal.
800 count. 6.23-7.23. Oranges, box, Cal. Navels, all sizes, 3.00- 4.05; Floridas, box, 3.23-4.00; choice, 2.73- 0.27. Pears, D'Anjou, box, 4.00-4.20; Bosc 3.50- 3.77.
Tangerines, 16 box, 2.00-2.00: med. 1.50-1.75: 1.00-1.25. RAYMOND E. ILES-Market Reporter There was 3 moderate volume of trading in yesterday's wholesale prodlice market New oldcrop cabbage was steady to firm at quotations. Iceberg lettuce moved out well at the firmer prices already established.
Spinach. cauliflower. broccoli and green and wax beans moved in good volume. The onion market ruled barely steady with dealers free sellers. Potatoes were unchanged.
markets were steady and quality offerings of cold storage fruit met with trade preference. Lower grades continued draggy and difficult of disposal. Beans, green. hpr. round, Bountiful, 4.50- 1.75: med.
qual. 3.25-3.60; wax, hpr. 4.50- 5.00: med. qual. 3.30-3.75.
Beets, nat. cut, half bu. bu. 1.25- 1.50: new, Texas, ct. 2.00-2.25.
Broccoli, crate, Ariz. Cal. 6.73-7.00. Cabbage, nat. bu.
1.00-1 23: med. qual. N. Y. State, 50 lh.
bag. 1.33-1.63: Fla. new, hpr. 2.50-2.75: Texas, ct. 2.25- 2.50: red, hpr.
2.50-2.73: Savoy, hpr. 2.50- 1.87, few 2.00: med. qual. 1.50: Cal. ct.
6 Carrots, nat. cut, 14 bu. bu. 1.75- I doz. Texas, ct.
2.00-2.23. Cauliflower, crate, Cal. 2.00-2.33. Celery. white, doz.
doubles, 1.25-1.75: Pascal. doz. 2.00-2.50: rough, ct. Fla. 3.23-3.50: Cal.
3.25-3.50; Pascal, ct. 3.75-1.00. fen Chicory. ct. Cal.
4.00-4.23: med. qual. 3.50: Texas. ct. 2.00-2.23.
Cucumbers, h.h. C.00-2.50. Escarole, Texas, ct. 1.75-2.00; Fla. hpr.
1.70-1.13. Kale. bu. shipped in, 1.27-1.50; Leeks, nat. doz.
Lettuce, Iceberg, ct. 5 doz. 5.03-6.00: 4 Mass. Dept. of Agriculture FARMER'S EGG MARKET There was an improvement in ing of local eggs at wholesale as wholesalers readjusted their in an effort to break down the resistance evident in the retail The sharp.
reduction in quarters was not carried through Bankers Urged to Make Sure That Controls End With War New York, Jan. 18-(AP)-Next doing everything to win. war, bankers should make sure that when peace comes, the nation will not find it has "slipped into a permanent regulated the midwinter meeting of the New York State Bankers' association was told tonight. Elliott V. Bell.
anew state superintendent of banks and former New York Times financial writer, stressed the fact that bankers have a' leading role to play in the postwar economy in an address prepared for de- PEAK OF FREIGHT TRAFFIC IS NOW THOUGHT PAST 630,000,000,000 Ton-Miles Reported, an All-Time High Passenger Service at New Peak, Also, in '42 Wall Street Correspondence Of The Republican New York, Jan. 18--1 dispatch fror Washington today to the that traffic experts of the fice of Defense Transportation of the Association of American roads believe the peak 01 railroad freight already has been passed the war is. further evidence under existing could conditions it a mistake to have a closed mind any subject. Within the past days it has been officially predicted that railroad freight traffic for would he larger than for 1942 by least 10 per cent. For the 12 months ended with cember 31, last, the railroads moved 630 billion tons of.
revenue freight one mile. That is an all-time high. is an increase of 33 per cent over 475 billion for 1911, and up 55 cer: over the 405. billion for the last year of the first World Railroad passenger service year made A new high at 53 billion of per cent over the 29 billion passenger miles. That is an increase 1941 and Dividend up 21 per Surplus cent over Predicted 1918.
Last year's freight and passenger business is expected, when the ares, for show the dividend end eurplus December stantially larger than the all-time high of $806,000,000 for 1929. Traffic experts who believe the wartime peak of railroad freight traffic ready has been passed do not expect any decline in net income of carriers for 1943 compared with What is expected is a change in character some freight moved with the total number of tons moved one mile about the same as for 1912. A shrinkage is expected in production of civilian goods which will be set by larger production of war plies. The reason for the belief 1912 saw the peak of railroad freight for the duration is that the volume of government construction is clining and the volume of all construction for 1943 is expected to far below that of 1942, when there great expansion in the production facilities of industrial plants having government war orders. According to today's information from Washington, since last October, when the 1942 railroad freight movement touched the year's high, the War Production board has ered that work be stopped on 000,000 authorized government construction on the ground that work was in its initial stages; that was not essential to the war effort; that by stopping the work, much material and manpower could saved.
The stop-work orders applied $183,000,000 of miscellaneous military construction, $318.000,000 rigation and power construction, $413,000,000 WPA projects. In 37 eastern states, all construction for 1942 made a new all-time high at $7,905,000,000 against 1 000,000 for 1911, $1,003,000,000 for 1940, the 'year we began our national defens: program, and an average of 775,000.000 for the years from 1020 1939, Inclusive. The F. W. Dodge corporation recently estimated that building for 1913 would be 000,000 or 49 ner cent below 1912.
Construction of manufacturing buildings is expected to be down 60 per cent compared with 1942. with a drop 72 per cent in public buildings. Freight d'ar Loadings The expected drop in construction which created an enormous amount traffic for the railroad last 1 ea the year before reflects the polof the government to concentrate production of war Supplies by industrial plants Already completed. Until we got into the new World war, weekly freight car loadings were accepted as an accurate measure of business being offered by the country to the railroads. But to get best use 0.
the railroads in the nation's war effort, the Interstate Commerce commission issued orders calling for heavier loading of freight cars, the result of which was that weekly freight car loadings reports did not show the great expanin the country's industrial production. The 1912 peak of freight car loadings was touched for the seven days ending October 10 at 909.000. The figures available today for the week January 2 are 621.000 compared 676,000 for the like period of Usually there is seasonal dein freight car loadings after the year's peak has been reached in September October. During wartimes, however, normal peaks and valleys railroad freight movement disapUndoubtedly, some of the since dein freight car loadings October is due to the orders isby the War Production board October to stop work on 000,000 new and authorized governconstruction together with the decision at Washington to slow down construction of new industrial war plants, R. L.
BARNUM. retailers and the market declined than would have been neceshad buyers taken their losses quickly. It is expected that prevailquotations will result in iniprovewith a possible further decline averted. Cooperative receipts and sales Massachusetts specials, large at 43 to 44 cents. cases.
heavy weights, specials. brown. 45 50 cents. cases, Massachusetts specials, mebrown, at 40 10 41 cents. casce.
heavy mediums, specials. brown 42. to 43 cents. cages, extras, large brown. at 41 to cents.
cases. extras. mediums. brown. at 39 cases, Massachusetts specials, large a at 42 to.
43 cents. mediums, white. at 40 cases, specials, cases. pullets, at 35 cents. CASe.
peewees. 25 cents. CASeS. jumbos, at 60 cents. Total.
531 cases. RAYMOND ILES, Market Reporter, Mass. Dept. of Agriculture. Springfield Clearing House Clearings and balances at the markets buy- compared with the corresponding day Springfield Clearing house Monday prices last year 1943 1042 sales trade.
Balances Clearings $559.102 47,056 $487.949 64,422 wholesale New York Wool Market New York, Jan. -Active spot house buying of March wool tops lifted prices more than a cent a pound today. The rise was attributed to covering operations against recent government woolen awards. There was switching from March to October by spot houses. Business in grease futures represented switching from March July.
Grease wool futures closed 2.0 to 3.2 cents higher. High Low Close March 92.1 92.1 92.0n July 90.7 90.6 90.5n Certificated grease wool spot 92.5n. Wool tops futures closed .3 to 1.5 cents March 120.5 113.0 120.5b October 115.8 115.6 116.1b Certificated spot wool tops 120.0n. -bid; n-nominal. Markets at a Glance (By the Associated Press) German divisions and added to the excitement of the ride.
Paul Holt of the London Daily Express, who was kneeling beside me, got out a map. We figured that the winding slate gray stream off to the north must be the Don river. I shall never know if it was but it was a thrilling thought anyway. We looked and looked and it pains me to report I could not see any of the 23 to 23 divisions on which the Soviets are closing in. Later we learned that had it been an extra clear day we could have seen the Germans in the distance, perhaps.
We sailed on and soon we knew we yere And in the vicinity) of Stalingrad. shortly there was the city itself. A Large, Gray Mass--Stalingrad It WaS large gray mass on the bank of the Volga away off to the iturth. The airmen said it was about five miles way. It also pains Ine to that I cannot give any details of how it looks because I couldn't make out many objects.
We did see, however, some smokestacks sticking into the sky. We then roared low over the Volga. I remembered the last. time I saw this part of "the Volga9It was when I was coming back from a round trip boat ride to Astrakhan last summer. I had gone swimming one day down in this sector and had loafed several hours away in Stalingrad's central rayist then the legs of one of our machine gunners stiffened.
"Wham! what! wham!" went his gun. 'This is it," I gasped, ready for anything. Then our gunner climbed down out of his perch smiling. "A Messerschinitt?" someone asked. 'No," ho answered.
"I caught my belt in the trigger." The outstanding feature of the ride, when we came to reflect on it; Was the fact that the Russians canOso boldly fly a transport plane this close to Stalingrad, indicating they have the air situation very well in hand. Petition for Raises Before Starting Jobs Miami, Jan. 18-(AP)Thirty emergency policemen who reported for guard duty atothe Water Works today presented a petition for a nay increase even before they were sworn in. The request was denied. Officials said all applicants had been advised of the rate of pay before receiving their assignment.
Special Dispatch to The Republican Worcester, Jan. 18-Western Massachusetts students at Worcester Polytechnic institute yesterday were elected to various positions in clubs and fraternities of the college. Warner C. Sturtevant, a sophom*ore, headed the list with his election as secretary of Phi Sigma Kappa. Son of Mr and Drs Warner B.
Sturtevant of 181 Buckingham street, he is a. graduate of Classical high school. At WPI he sings in the glee club and is assistant manager of next year's soccer team. John R. Fleming, son of Mr and Mrs Joseph Fleming of 211 Ranney street, a junior, has been elected president of the Newman club.
An honor student and letterman in football, he served the last two years as a director of the club. Chosen as 'Newman club directors were Mauro D. Lacedonia of this city, a mentber of Theta Kappa Phi fraternity and the reserve; Robert Fay, of 14 avenue, Thompsonville, a junior; Geno J. Santandrea of 137 High street, Thompsonville, a sophom*ore, and John J. Lunders of 5 Porter road, East Longmeadow.
John B. McAlaster, son of Drs Louise of Taylor street, Hinsdale, a sophom*ore. has been chosen treasurer of Theta Chi fraternity. An honor student, he prepared for college at Dalton high school. Bruce Hainsworth.
son of Mr and Mrs John Hainsworth of 46 Stratford avenue, Pittsfield. 3 junior, has been named treasurer of Lambda Chi Alpha fraternity. A graduate of Pittsfield high school, he is president of the Debating society and chief of, Tech News, the student weekly. WESTERN MASS. MEN GAIN COLLEGE POSTS Several Elected to Positions in Clubs and Fraternities at Worcester Polytech New York Cotton Market York, Jan.
18-(AP) -Cotton futures closed 20 to 65 cents bale lower today as recent mill price-fixing activities slackened. Trading turned quite shortly after it was announced that 237,008 bides of had been purchased for lend-lease requirements. Nearby positions showed best resistance to the downturn on trade buying. The range of futures follows: Open High Low Close March 19.47 19,67 19.60 10.63 5 May 19.74 19,54 19.43 19.43 July 19.43 19.43 19.3100 19.36n- October 19.29 19.30 19.21 December 19.27 19.27 19.14 10.19 -13 Spot middling n-nominal. Chicago Livestock Market Chicago, -Jan.
18-(A1)-Sharply curtailed receipts brought active bidding in the hog market today and prices rose 13 to mustly 23 cents to top of $15.15 per hundredweight, the highest January price since 1920, The top also was the best paid here since last October 22. Receipts were salable head, brought down 5000 below expectationa because of unfavorable weather. Fed steers and yearlings were to 15 cents higher, topping at $16.73. Heifers were strong Lo 13 cents higher, and cows 10 to 13 cents up. Vealers closed 25 to 30 cents higher at $18.00 to $16.30.
Fat lambs closed fairly active and strong. with spots 10 to 20 cents up, topping at $10.30. BUSINESS FAILURES reported today. PENNSYLVANIA RAILROAD Now York, Jan. 18-(AP) failures in the week ended the 14th totaled 96 compared with 95 in the previous week and 260 in the like week of 1942, Dun Bradstreet, Now York, Jan.
18 -The Pennsylvania Railroado for the 11 months ended November 30, 1942, today reported net income of 578 after taxes and charges, or $6.80 A share, compared with revised income of $17,297,132, or $3.59 a. share. in the like 1941 period. November net income was $11,080,938 against $2,711.247 in the same month of 1941. He BUILDING PERMITS A building permit was issued yesterday to M.
Pasqualini of 108 Grover street for cutting a new exit. remodeling other exits and installing new electric signs at his restaurant at 753- 755 Liherty street. The changes were made in compliance with safety requirements of the state building deand the Springfield license commission. New York Stocks--Mixed, ralls, coppers, specialties improve. Bonds -Steady; rails rally.
Cotton-Lower; profit taking and hedging. Chicago Wheat--Declined less aggressive milling demand. Corn- Unchanged lower on less shipping demand. Cattle--Fed steers, yearlings 10-15 cents higher. Hogs--Fifteen to mostly 25 cents higher; top $13,15.
effect Ofand Stock Market Sale of Now York Stock New Tork Curb ....111,560 Boston Stock 12,279 New York, Jan. 18-(AP)-Buyers liked rails, coppers, mail orders and specialties in today's stock market, but gave many leaders a wide berth. Favorites were taken in hand after a stumbling start. While the majority never got ahead more than fractions, there were scattered gains of a point or 80. Most steels, motors and rubbers were under water at the close.
Further profit-taking on the recent bulge best levels in more than year tended to offset investment demand to some extent. business develTopments aided individual issues and war news continued a moderlately bullish Associated influence. Press average of so stocks, the was unchanged at sing 42.7, October which was 'highest mark 6, 1941, established last Saturday. Dealings slackened as trends turned indecisive. Transfers for the full proceedings totaled 708,280 shares against 928,250 Friday.
Among scattered tons posted fur were those of Montgomery Woolworth, J. I. Deere, American Can. General 'lectric and J. (.
Penny. Advances were retained by Santa Fe, New York C'entral. Great Northern, Anaconda, Kennecott, Allied Chemical, Philip Morris, United Aircraft, I'ajardo Sugar and Standard Oil of New Jersey. On ihe losing end were United States Steel, Bethlehem, United States lubber, Goodrich, Union Pacific, Westinghouse, United States Gypsum, Douglas Aircraft, American Airlines, Jan American Airways, Union Carbide and Johns-ManI ville. Hopes for a compromise in wage demands, combined with bright income prospects, aided the carriers although it was predicted by some observers that freight traffic may have reached a peak for the duration.
('oppers were propped by talk of a price hoist for the red metal. American Telephone was a soft spot on the lowearnings outlook, and steels were depressed again by estimates of declining fourth -quarter net. l'ostal Telegraph preferred and Western Union took a turn on the upside as the Senate interstate commerce committee approved a bill authorizing merger of these concerns. Forward Curb movers included Cities Service, American Gas, Aluminum, Electric Bond and Share, American Book. In arrears were Glen Alden Coal, McWilliams Dredging, Pennroad and Pittsburg Plate Glass.
Singer Manufacturing was up 4 points on a 40-share sale. The aggregate for the junior market was 141.560 shares against 178,010 in the preceding full session. usown mu- the be bel to a or in cline last sued in ment in tai tor to sary, ing ment bulk 278 brown. 45 at 111 diums, 36 at 7 42 3 cents. 17 white.
cents. 17 1 Following is a list of stock Net Sales in 100's High Low Close Chg. Lab 521. 1 11 Acme St1 451 118, 28 Adams Exp Addressog 1318 131 4 Air Reduction 41. 41.
10 Alaska Juneau 411 41 4 1 Alleghany Corp 14, 17-02 15-82 DO pt xW 6 34 1)0 $30 ww 41 4 In pr ni St1 1331 Allegh Lud .11 Chem bye .146 146 141; 3 Allied Allied Kid Mills 11 1674 11 1633 11 Allied Stra 658 10 Allis-Ch Mfg 28 28 Alpha Cem 1812 18 14 1812-- Am Ag Ch Del 241 2412- Am Airlines 54 Am Bank Note Do pf 47 Ant Bosch Am Brake Shoe 31 30 31 .10 Io uf 130 130 130 Am Cable Rad 33 Am Can 10 Am Car Fdy Do pi GS 68 US Am Colortype 14 Am Crystal Sug 17 163 17 Am Distill Am Fincaus Til Am Export 1, 23 Am For Pow $ti pf 41 Do pf 4 14 1o pf 81; Am-Hawaii 331 mI Leath 30 Am AIn Ice Home I'rod 64 1 An International 3, Am Do pf Locomotive 8 8312 82 1- 1 Am 1: 1 121 Ant Niet 8 8 An Metal News Co Am An Pow Lt Do Sri pf 1.80 bf 13 Do pi $5 pf 183 3 Am Safrty Razor 9 1 Am Rad St Am Am Roll Sonting Mill 131 111 1.20 Am Ship Bldg Am Smelt 39 Do bi 146 Ant StI drs 21 Am Stores 117 117. 111 Stove 133 1, 1:: Am Sugar Ret 1S 10 bI 0314 951 19 Ant Ta Tel 1321 Am Tobacco 14 Ani Tob 47 47 .10 AnI Tob pf 18713 17 Am Type Fdrs 3 Am Viscose 33 Am Wat Ilks 33- 1 6 Am Woolen 4 2 2 Am To Zinc pi 60 60 413 61 Do pr pf 41 41 3 52 Anaconda 20 1.40 Anacon WAC 2 Al'W Paper 1 17 3 Arch-Dan-M 30 Arm li Do pr pf 1 Armstrong Cork 21 Dry Goods. 95 Atch 48 49 Do pf 69 69 25 Atl Coast 283 25 12 Atl Refining 20 19. Ailas Corp Atlag lowd 5512 55 3 1 54 Aviation Corp 4 Bald Loco ct 117 12 16 Balt Ohio 14 1 Do pi Bangor Ar .10 .90 Do pi 41) 1 Barber Asph 3 Barker pf 33 17 Barnsdall Oil 13 Bath Ir Wks Bell Airc 131 13 Bayuk Cigar 19 Bendix Aviat 1.40 Benef Ind Ln 11 14 .60 Best Foods 11 Best Co 24 20 24 1 Beth Strel 3814 Do nf 114 114 114 BliNg Laugh 141 1414 Blaw-Knox 3 11 Boeing Airplane 10 1t 11 Bohn Al Br 43 421 1 Bond Stra 1. Borden Co.
23 4 Borg Warner 28 Boston Maine 0 Bridgeport Br 10 Briggs Mfg Brigg Start 31 34 34 Eklyn Man Tr 116 Bklyn Un Gas 10 A Shoe Balke 14 14 14 Bucyrus Erie 7 12 Budd Mfg 3 .10 Do pf 801 13 Budd Wheel Buffalo Forge Bulova Watch Burlinz Mills 214- 14 21 Burr Add Mach Bush Terminal 3 Bush Ter Bidgpf 0 Butler Bros 9 Net NAt Sales in 100's High Low Close Che. Sales in 100'8 High Low Close Che. 0:19 Butto Byers (AM) Zinc Co 01 .10 Int Int H- Ilarv 143 163 1 Do pf 0 Int Mer Mar 111, Byron Jackson Int Min Ch 3 Int Mining CT 63 79 Int Nick Can 30143 301 301 Campbell Wyant 1: Int Int Paper 914 Can Dry G. Ale 3 l'ap pf 30 Canad Pacific Int A 1 Cannon Mills 39 10 Int Int Tel Tel pt .10 Caro 1 Carpenter Stl 27 07 27 19 3 Do for ct on Case (JI) Co Interst Dent Strs 10 134 .40 3 Celanese Celanese Corp 27 Jewel Tea Caterpil Tractor 41 pt Johns-Manville .50 Celanese pf 97 Jones I. St1 18 Celotex Carp 9 91 Do pfe A 38 38 11 Cent Aguirre 1214 1 Joy Mfg 9 3 Cent Foundry 19 Cent RR NJ 4 41 16 Kan Cit South 14 Cent Violeta 4 Kelsey- I Wh A 16 10 13 Cerro Certain-td de P'as Pr 30 Kennecott Cop 3036 01014 8014 33 33 48 9 Cert-td pf 341 3 1 6 Kresge (8 8) 204 204 184, Kress Kregge (S I) Stores.
Champ 13 Checker Cab 36 30 Kroger Grocery 2714 13 1 Ches Ohio Do A 81 3 Lambert (o 11 17 Ill 81 314 Chi Grt West 8. 21 Lee Rub de 10 Chi GrtW nf 121. 12 19 .30 Do Lehigh pf Port 109 2012 109 109 201. Chi CRI Pneu Pac Tool pf 13 34 5 Lehigh Val 11 33 33 33 3 5 Do Val pt RI 13 1:: 17 .10 City Strs Invest 87 Lch City NL 130 130 130 Lehman Corp 25 Clev CC 1007 Lehn Fink .60 Clov El Illum Lerner Stores 263, 06 a Climax Molyh 41 40 Lib-0-F GlasS 331; Cluett Peabody 341 Libby. MIcN L.
53, 24) Do bf 100 1.0 1:0 My -Cola 91 91 91 DO 6834 25 Colgate- Palm 17 17 17 Lily Tulip 244 Collins Alk 19 183 Lima Locomot Do pf 108' L.ink-Belt .50 Col south Lion Oil Carbonic Ret 14 10 Do 1 pf Liquid 16 16 14 Colum Br'cast A. 13 Lockheed Airc 181 181 Do 17 17 A Inn 443 20 Colum El 11 2 Lone Star 8 10 pi 4512 1 Long- Bell T. 10 10 10 Bisc 1 Colum 'olum Pict Carbon 8: 89 Lorillard (P) 173 3 Coin Credit 5 Lou Nash 611 6414 19 Comb Inv Tr 30 5 Comi Solvents 1013 1014 1012 2 MacAnd 2018 201., 161 Com South 7-16 1-14 Mack Trucks 11 Do 3912 39 39 Macy (RH) Co 21 Comwi Ed 03 Mad Su Gar 101; 1018 1 Conde Nast 3 3 3 Magma Topper 213; 5 Congol-Nairn 1 Manati Sugar 37 Consol Airer 17 10 Mandel Bros Consol (isar 111; 111 6 Marine Midland 3 38 Do pr pi 9" 93 6.40 Mkt St. Ry pr pf. 10116 101; 13 Cons Copperm 20 Marshall Field 40 Cons Edison 161 urtin 19 19 10 a Do nf 93 1 Martin- Parry 412 Cons Mil I pt 8 8 Masonite Corn Consol Oil 21 Master Elec 23 Cons RR Cuba ca Mathieson Alk 3 10 Cont Bak McCrory 1: 1:14 Consum Pow nf 94 04 May 1'pt Strs Container 1818 Maytag Co 3 6 Cont ('an McGraw Elec 2111 2111 3 Ins Diamoria 4178 41 M.Graw-Hill 11; 12 Cont Cont Motors McIntyre Pore 40 23 Cont "1 Del 263, 1 McKess Rob 171 1.
17 13 Copperweld St1 1018 10 14 6 McLellan St19 716 Corn Exchange 381; 38 Mead Corn 618 6 6 Corn Products 5112 54 .10 Do pf f8 68 Coty Inc Mengel Co 5 30 Crane Co 151 Miami Copper .30 Do cv 48 12 Mid-Cont Pet 19 Cream of Wh 183 .10 MidiStiProd1 pi 1084 108 Crosley Corp 91 1 Minn-Honey Reg 3914 59 59 Crown Cork 19 191. 11 Minn-Moline 3 Do pi "8 38 38 Do nf 711. Crown Zellerbach 12 15 1: Mission Corp 144 141. 3 .50 Do pf 4 Mo-Kan-Texas 114 .30 34 Cuba Crucible Cuban-Am Steel pi Sus 10 34 911 101., Do Mohawk Monsanto pt Carnet ('hem 87 87 1814 87 18 Cudahy Pack 12 117. 12 Do pf 110 110 110 Cunvo Press 1812 181.
181: 1 16 Montgom Ward 34 34 341 3431 Curtis Publ 2 1 Morrell (J) Co 13 1.3 33 .20 Do pf 1314 334 12 17.50 Morris Essex 173 17 17 To pr nf 5 Motor Products 934 33 Wright 7 3 Motor Wheel Do A 23 23 1 Mueller Brass 1313 Cutler -Hammer 181 18 6 Mullins Dig 313 31 .50 Do pi 621 6173 16 Davison Chem 147 147 1 Munsingwear Inc 1612 1614 3 Decca Records 1114 111; 14 3 Murray Murphy (G Corn C) 6 6714, 6 Deere Co Do pf Myers (FE) Bro 30 36 18 Del Hudson 10 934 10 23 Del Lack West 33; 4 18. Nash-Kelvinator 5 Rio pi .60 Nash 13 Detroit Edison 1 Nat Acme 1611 3.10 Devoe Ray A 19 18. 19 Nat Auto Fib fi Diamoul Match 14 Nat Aviation 83; 8 Dian Motor 91 918 Nat Biscuit 17 11 Dist Corp-Seag 26 Nat Can Dixie- Vortex Nat Cash Reg 19 74 Dochler Die Cas 253; 17 Nat Cylinder 1114 11 13 Dome Mines 16 16 1: Nat Dairy I'rd 1.14 15, 54 Douglas Aircraft Nat Distillers 3 Dow Chem 134 133 134 Nat En A Styg 1514, Dresser Mfg 14 Nat Gypsum Duplan Dunhill Int Corp 10 10 6 10 6 Nat Do pi Lead 139 13834 144 1343 du Pont de 130 12 4 Nat Pow Do pf 2Natl Steel 53 1- Nat Supply 2.70 Do 6 nf 61 Eastern Air 1, 3214 3216 32 3 Do pf 59 East Roll Mill 15 Do pf 141. 1531 Castm Kodak 149 149 Nat Tea .30 100 nt 1783 118 Natomas Co Edis Fros Stra 131 1:1. Nchi Corp Mus Ind Neisner Bros 14 14 111 Auto -Lite 3: Min 241- Elec Boat 1113 11 New Indust 12 1, 1t: El Pow de Lt 10 Newt Sh 18 FI Storg Bat 343, NY Air Brake L1 Eng Do Endicoit Paso Pub 8t pf John Svc (ias 01 01 291.
31 1 6 138 NY NY NYC Newpt Dork Central Omnibus pi NewsShpf RI: pl 14 11 1718 17 19 19 115 3.20 .20 Erie Eng Pitta 0 NY Harlem Ps $0 pt GO 14 Erie RR 9 1.20 NY 29 Do 814 NY NH Do pf A 39 NH A 13; Eureka Clean West Evans Products 05 Shipbuilding 21 2 Ex-Cell-0 23 25 Corf Western 1711 1714 1711 .20 West pi ..114 1 Fairbanks Morse 34 North Anar Co 104 1014 No At Aviation 104 106, Fajardo 6 Do pi 40 49 14 Fed Lt Tr 891 891 89 2 Northern Pac 81 9 81 .10 Do pi .30 Nor Sta. Pow pi 110 110 110 2 Fed Ming Sm 21 1 1 Northwest Airl Fed Mogul 1334 Fed Mot Tr Fed Strs 143 30 Quio Oil 121, 13 12 8 Firest 4 Oliver Farm 34 14 4 First Nat Stra 3: 13 Omnibus Corn Flintkote Florsheim: Sh A 21 10'i 21 01 13 2.30 Do Oppenheim If Col 74 Follansbee StI Oils Elevater 110; .50 Follansbea pi 34 34 11 Owens-Ill Glass 12 Food Fair St 1011 6 Food Mach HE 7.40 PAC Coast Foster Whir 1 11 11 Do 1 pl 12 Francisco Sug 3 Pac Elec 1.80 Fost pf 17 7.40 1'U Df 118 143 Freeport Sulph 06 l'AC Ligliting 374 Fruehauf Tra 1714 1716 Pac Mille 201 13 Pac Tin Cons 31, 10 Gair (Robert) 2 38 l'An Am AIrWAYS 2314 1.10 Gamewell Co 20 14 P'anhand 26 Gar Wood Ind 12 Do P'aram Pictures 111 111 111 Gar pi Park Utah pi Con 31 di (1 Ga lord Am Inv Cont Davis 271. Darker lust -f'r 11; Gen Gen Am Raking Trans Parmeleo Transp Latino Alines 3. Gen Gen Cable Bronze Penn Penney Coal (C) 8114 1: Do A 14 2 14, l'enn-Dix Cement 17 Gen Cigar 133 Do pl A 15 20 Do pt .133 34 D'enn RR: 241 41 Gen Fler Gas Gen Foods 14 Gen El A 1 Pere Mara Gen Dills 84 A 7.10 Do Gen Motors Do nr pi Do pi 128 l'et Milk Gen Pree Eq l'etrol Corp tien Print Ink 20 Phelps Dodge Gen Pub Sve 1.40 T'hilA Co 41 3 Gen Ry Signal 13 131 .30 Co $0 pi 7312 13 lien RI tri1 9-16 9-16 9.16 Phitco Corp 1.11 6 Gen Refract 173 1744 1713- Philip Morris 701 Gen st pt 674 67 67 Do pt .....110 110 110 tien Tel 17 17 17 l'et 1316 1733 403 Gen Hub 1314 .10 P'hoenix Hos bf 9 Gill Saf ft DR l'illshury Flour 18 Gimbel Bros L'asburg ('1 of 12 Glidden 15 18 T'itt Goebel Brow D'itt 1 10 Goodrich 34 J'itt Bolt 16 Do pf 8414 263 Pitt Mil Gotli Hosiery Mo 13 3 Pittston cCo new 174 Do Goodyr pl 95 97 21 Tin Do of nf G4 MA 5 Graham- Paige 47 J'lymouti til Grand I'nion 81 844 l'oor (o 133 Granby Con 2 Pond Crk Poc 181 18 Grant Granite City Stl. 30 8 30 24 Postal Tel pl 191.
31 Gt Northn ly pt 18 Puh NJ 121a 117. 117 Gt West Sug Do 8 pf 110 10 Git Nor Ir Ore ct. 8 Proct Pressed Gam Green 1. 311 Do 08 08 9 Greyhound l'orp 14 1.40 6 pt 89 (trum Aire En 11 1 1: 1.30 Do S. pi Guantan Sug 24 Pullman 28 40 Do pf 82 Pure Oil Gull Mob Ohio.
4 6 Pure Oil 5 04 9: 13 Do pi 291, 7 Purity Bak I lack pf 3615 2 Quaker Sta Oil 113 Hall Prting. 13 13 13 llamil Watch 46 Radio Corp of Am Sis .10 Hanna (MA) $5pf 102 102 102 Do of 621 G3 01 3 Harb-Walker 13 13 15 Radio-Keith-Orph. 33 Ilat Corp Indust Am A 7 411 Raybest-Man 21 PA laves Rayonier Inc 121 llages Mfg Do pf 37 lazel-Atlas 9. Reading Co 1751A 1 Hocker Prod Real Silk log fit Hercules Hercules Pow l'owder pt. 134 132 1.0 pt TO 1 Hires (CE) 164 Rena Saratoga.
43 43 leaning Rand 1214 Holland Murn Repub Sti 130 13 Hollander (A) 8 Do pf A Holly Sugar 1414 Rev Br 3 Household Homestake Houd-llershey Fin Min Reynold Do bf pf Metals 801 801 861 Househo Fin pi 1081 .60 Do pi 83 83 83 Houston Oil 29 Reynolds Howe Sound 33 33 33 .10 Reynolda Tob 37 37 37 Hudson Man 20 Do B' Do pt 5 Richfield 8 Huds Bay Roan Ant Cop Huds Motor Ruberoid 22 0 1 Hupp Motor Rustleas 8 111 Cent Safelvay Stra 1 111 Cent 201 Do pf Indian Rein 11 St. Joseph Lead 3 Indust Rayon st L-San Fr pt -1-16 Inger Rand 93 93 29 Savage Arma Inland St1 ti5 3 Schenley Distli 21 3 Inspira Con Con Dr pi 5 Interchem Corp 33 23 3 Seab Air Line 3-16 3-16 0-1641-32 2 Intercon Rubber 712 Interlake Iron 1178 Int larvester 38 571 3 (Continued on Slatcenth Page) tolivery before the annual banquet of the association. "Nothing could more surely force us into such 2 regulated Bell said, "than inflation resulting from the bungling of war financing. "One of the strongest defenses on this front-and it is only one among many-is savings. The banks man this defense.
A dollar is a dollar taken from the stream of ing. It is a dollar which relieves by just so much the upward pressure on prices.".
