Show i I t r Business Today Ship Shortage Will Wil Bar Aid to Russia By PAUI GESNER GENE and JOHN BECKLEY NEW NEVi YORK June 24 Telegram Special News Newa Service hip Serice-hip Ship Service Ship shortages shortages shortages short short- ages were seen likely Tuesday to limit expansion of ol sales of American Amen Ameri limi saes Amer- Amer can goods good to invaded German Rusala Russia Russia Rus Rus- sia ala even If i embargo regulations are revised to permit perit widened soviet purchases of oZ defense defene supplies here United States exports to Russia Rusia latye r totaled and r re re- re exports an export total of c Among the the Russian 1940 purchases purchases pu- pu pur pur- chases were sole leather wheat wheat cotton gasoline artificial arti artt- lea abrasive wheels and carbon electrodes electrode for electric furnaces black steel stel sheets copper and ma ma- chinery chIner Even last lat year lack Jack of ot ships was hampering Russian Russan purchases Showed Fluctuation Monthly shipments shipment o of exports showed considerable fluctuation from rom a January Januar high of ot to a May low v of due largely large large- arge- arge ly to difficulties encountered in procuring bottoms usually American Ameri- Ameri can cah fla fag boats boat to charter carter for the rux to Vladivostok which port now handles landles all al American exports on war conditions said the U U. S. S department department de de- de- de patent of comerce commerce commenting comment comment- ing on 1940 trade Jeep Friends Frends of ot Wi Over Willys Over s land Chairman Ward M M. Canaday Insist that tat he is father of the Jeep the Jeep the Jep the new small smal lightweight olive drab drab olve-drab army army- ary automobiles carrying car car- ring three men and a machine gun Canaday is is said to have conceived conceive the Idea of ot the lightweight lightweight light light- weight elgh Jeep after observing the vulnerability In the Spanish Civil Civi war var of the running gear of ot large combat cars carrying six to lo eight men en and two guns Tells Army Officers One night at dinner he told a retired army officer about the type of small smal car he had hadin in mind and the officer thought enough nough of the Idea to have a sketch made in i 1939 and sent to Washington Wahington The army obtained several Jeep car designs designs de de- de- de signs had test cars built bul drew up specifications and now nosy of ot the little machines are being built Under under under un un- der an order split between Willys Ford Fond and Bantam Labor German declaration of war var on Russia Rusia ought to clear cear the sm smOke ke around labor troubles trouble in the United States attributed to communistic com corn dickering a Wall Wal street broker remarked Tuesday Surely now the communists communist arent aren't arnt going to try t to slow production production tion ton of ot goods for Britain who also is battling Germany Sh Shortages Appear Merchandise Gaps are beginning to appear in display lines of ot seasonal seasonal sea sea- goods in stores at many points principally ly in things like lawn lawr lawn chairs cairs garden tools awnings awning materials and garden fence Merchants are reordering but on many items deliveries on reorders are getting slower price Lowest price lines s have been moving fastest in outdoor hardware and supplies and andin andin in many cities buyers are trading buying up buying merchandise in the next next higher price prie category when lowest lowest priced items are not avail avail- able Home Construction Advancing prices of ot building materials in the te east especially lumber are causing causing causing caus caus- ing many contractors for small smal homes home these Jays to place contracts for all al needed supplies before quotIng quoting quoting ing a final price to a customer on ona ona ona a rising house houe New Steel Orders Orden Steel The nations nation's naton's steel stel mills mis this week expect to roll rol out around tons ton of steel ingots matching a similar silar tonnage produced produced produced pro pro- in the week beginning May 19 last last when tonnage outturn was the largest in the industry's history his his- tory New orders are piling pIng in at atthe atthe atthe the mills mis at a rate roughly 50 5 per perc percent percent c cent nt faster fater than production and with wih defense defene business getting pd- pd ori y delivery delver dates for new civilIan civilian civil civil- ian goods metal meta are re being pushed further urther into the future Railroads Defense and expanded expand expand- ed civilian civIan goods activity is proving a boon for the te nations nation's naton's railroads May were In the vicinity of ol 28 2 per cent higher than May a year ago and traffic is continuing heavy this month Because of the rising volume of ot freight handled In the te final fial six months mont of 1940 the gap of year-to-year year gain in succeeding suc sue 1941 months may narrow For the full lul 1941 year however traffic men estimate revenues may surpass the preceding year by at least least 16 per cent Net income after taxes and interest charges etc forthe for forthe forthe the class cas o one e railroads as a whole may be the largest lagest since 1930 Trucks Tuck Truck transport meanwhile meanwhile mean mean- while is also expanding Latest figures figure indicate M May a y revenue freight carried by trucks vas Avas around aroud 35 per cent above the like month mont of 1940 |