Newspapers / Wilmington Morning Star (Wilmington, … / Oct. 2, 1940, edition 1 / Page 7
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Market Gets Away To Fine October Start By Pushing Rail Stocks INDUSTRIALS ALSO MAKE GOOD GAINS peak Prices Are Established |n forenoon When Volume Is The Greatest By FREDERICK GARDNER NKW YORK, Oct. 1. — UP) — The .'0 k market got a flying start on t?he [!e„ month and the final quarter 'f the year today by pushing up in ° triai and rail leaders to more than 3 mints. The extension of Monday s selec ■ ive advance was not accomplished without some profit taking diffi culty. however, and, at the close, top quotations were reduced in the ma inly of eases. ' peak prices were established in the forenoon when volume was largest, ypere w ere frequent slow-downs ,.!er mid-day but the turnover iniounted to 807,100 shares com l'aroj with 403,070 yesterday. The Associated Press average of i^ues held a net advance of .6 of ’ point at 45.1. The market was not mly broader than in the preceding Session. 794 individual stocks being traded against 651 the day before. Of the total 340 were up. 91 down an,l 163 unchanged. MOtlVai'Ilo ‘-lie epcv-uKuivc icvivuj, brokers said, was a favorable inter pretation of rlie new excess profits !aX bill passed today by the house; growing optimism regarding business ■'respects reflecting the huge defense spending program; higher hopes of the British repelling the Nazis, and ;1 slight lessening of worries over F;u Eastern complications intensi fied by th« recent shift of Japan to the Rome-Berlin axis. Steels were in front throughout. ;,s market analysts voiced the opin ing c.mpanies in this field, along with railroads, air transports, utili UPS. oils and mining concerns would -iniYr much less than some other ones from the proposed taxes on ex ■ S' earnings. A number of senior shares having -ize.ilip accimuilatlons of unpaid iib Mends again were among the ,-irepg spots of the list with upturns ■ points. These included is - ; American Woolen. General i‘-.■.stings. Pittsburgh Steel and Pm-ifie Coast Co. 1'n iiiim nt common stock climbers .■ i,. i . s. steel. Bethlehem. Youngs ■ , Sheet. Great Northern. Sants Fi. !'■i.iisylvania. Pullman. Chrysler, i■ •, Motors. Montgomery Waid. Di.iui Aircraft. American Tele ... Anaconda. Dow Chemical. A1 lied chemical. Du Pont. Eastman Ki"ir.k. Martin-Parry and Standard Oil ot X .1. Permits for the sale of securities held under war-time exchange con trnl in Canada were resumed todfiy hut it wits not believed any sizeable I'fft.-iinas came from this source. STOCK AVERAGES V 15 15 60 Indus Rails Util Stks Xet change a.S a.4 a.2 a.6 Tuesdni _ Ct.2 17.1 33.4 45.1 J'it-v. day .... 63.4 16.7 33.2 44.5 Month ajo .. 61.6 16.6 35.9 43.8 Veai ago_ 74.4 22.7 38.7 52.3 3940 high ... 71.2 20.5 40.6 52.2 DP> low _ 52.3 13.0 30.9 37.0 1539 high ... 77.0 23.S 40.6 53.9 1935 low - 58.8 15.7 33.7 41.6 60-stuck Range Since 1927: 1937-38 1932-36 1927-29 High - 75.3 72.8 157.7 how - 33.7 16.9 61.8 WHAT STOC KS DID Tue. Mon. ■Yh-an-cs - 540 308 beeline _ 91 151 Ijichanged _ 163 192 T"t;d Issues_ 794 651 NEW YORK, Oct. 1.—(^1— Domestic sugar futures pushed ahead as much as 3 points today before profit taking intervened. Fi nal prices were unchanged to 1 ,JP on turnover of 11,000 tons. Bullish factors included firmness !n raw and refined sugar, expec tations of early extension of the kuota system and concern over Phillippme supplies should the Far Eastern conflict broaden. Refined was unchanged locally, out in the south two interests ad vanced prices 15 points to 4.30 as the close Oct. 2. 4 No. 3 range follows: High Low Close N|)v . 1.86 1.86 1.85N . 1.87 1.85 1.85E ■'Ri. - 1.92 1.91 1.90E •M,|y . 1.95 1.94 1.94E •Tl|iy - 1.99 1.99 1.98E SU'T - 2.02 2.02 2.01E B'ilid; X-Xominal. DRY GOODS NEW YORK, Oct. 1.—(A>) Demand for woolen goods w a : brisk, and mills report all spo' holding sold and enough orders or hand to keep factories busy foi several months. Gray goods moved In mderate volume at urchangec Prices. Purchases of spot spring 01 last year trading in silk ma tayon fabrics have bolstered sales, hot price levels are below those tcrials was limited. 4 naval stores SAVANNAH, Oct. 1.—UP)—1Tur pentine firm 24 3-4 to 25; offerings salse 7950 gallon:; receipts Rni; shipments 28; stock 14,965, Rr,s firm; offerings 268, all sold; receipts 883; shipments 844; stock 154,287. Quote: B. 1.50; D, 1.5r; R E, 63 to 65: G, 1.61 to 63; !'2 WG, 2.17; WW, X, 2.55. 4 PEANUTS SUFFOLK, Va., Oct. 6.—UP)— Peanut quotations: jifrnbos 3.80 tc 4: bunch 3.40 to 3 1-2; runners 2 1-4 to 3 3-8. Market dull. BALTIMORE POTATOES BALTIMORE, Oct. 1.—OP—Pota '"-5 unchanged. 4 Closing Stock Quotations BY THE ASSOCIATED PRESS Adams Exp _ 5 3-4 Adams Millis____I_21 Air Reduct _42 1-2 Alaska Jun _ 4 3-4 A1 Chem and Dye _166 1-2 Alleghany _ 3-4 Allis Cha! Mfg _ 34 American Can _100 American Car Fdy _ 27 7-S American Coml Alco _ 5 7-8 American For Pow _ 1 1-8 American Row and Lt_ 3 1-4 American Rad and St S- 7 5-8 American Roll Mill _12 1-8 American Smelt and Ref-42 American Sug Ref _13 5-8 A T and T _163 1-2 American Tobacco B - 77 3-4 Anaconda _ 22 3-4 Arm 111 _ 4 7-8 A T and Sf —- 17 ACL _ 13 3-4 Atlantic Refinery -21 3-8 Aviat Corp - 4 5-8 Baldwin_ 16 3-8 B and O-- 4 3-8 Barnsdall _ 8 1-8 Benuix Aviat -32 1-4 Beth Stl _ 80 5-8 Boeing A'rpl-16 1-8 Borden -19 5-8 Borg Warner -18 5-8 Briggs Mfg -22 1-8 Budd Mfg —-- 4 5-8 Budd Wheel - 5 7-S Burl Mills _ IS 1-4 Bur Add Mach _-_ 8 Calumet and Hec- 7 1-8 Can Dry -14 Can Pac_ 3 3-4 Case J I_ 56 Caterpil Trac_49 Ches and O-40 1-2 C M Si P and P Pf_ 1-8 Chrysler - 79 7-8 Coca Cola_110 Coluni G and E_ 5 1-4 Coml Credit_ 32 Coml Solv _10 1-2 Comwlth and Sou _ 1 1-8 Consol Edsi _ 27 Con Oil . 5 7-S Cont Can _40 Corn Prod _53 Curtiss Wright _ S Curtiss Wright A_27 1-2 Del Lack and W _ 3 7-8 Doug Aire _78 Dow Chem _138 1-4 : DuPont . 17S Eastman lvod _134 Elec Auto Lt _37 1-S Elec Pow and Lt _ 5 1-S Firestone _ 15 1-8 Freeport Sill _ 33 7-S Gen Elec _ 35 3-4 General Foods _41 General Motors _ 49 7-8 Gillette _ 3 iGlidden _14 3-4 j Goodyear _16 1-8 Graham Paige _ 5-8 jGt Nor Ry Pf . 28 5-8 Hudson Motors _ 3 7-8 Huppmobile Motors _ 9-16 ! Illinois Central _ S 7-S j Int Harvest _i_ 47 3-1 Int Nick Can _ 47 3-4 Int Tel and Tel_ 2 Johns Manville_ 69 1-S Ivennecott _31 Kinney _ 1 7-8 Kroger Groc _31 7-S L Libby O F G1 .. 43 fLiggett and Myers B_100 Loews _25 Loft _ 21 3-8 Lorilard _ 20 3-8 Louis and Nash _57 3.4 Mack Truck_25 McCrory Stores __15 1.4 Mo K T-1- 11-16 Mont Ward_ 41 3.4 Murray Corp_ 6 3.4 Nash Kelv___ 5 1.3 Nat Disc _l_19 i-2 Nat Cash Reg _12 3.4 Nat Dairy Prod _13 1.4 Nat Dist_ 22 Nat Lead _18 Nat Pow & Lt _,_7 3-4 N Y Cent_14 3.4 No Am Aviat ___17 1-4 North Am -18 5-8 Nor Pac _ 7 3-8 Ohio Oil _ 6 Otis Elev __15 I." Pac G & E_29 1-2 Pac Mills _11 1 2 Packard _ 3 5-8 Param Pix __ 7 Penny J C _92 Penn R R _ 22 3-4 Phillips Pet _35 1-2 Pitt Scr & B___ C 1-2 Pub Svc N J_33 5-8 Pullman _ 23 5-8 Pure Oil _ 7 1-8 Radio _ 4 7-8 Kad K O_ 2 3-8 Rem Rand _ S 5-8 Rep Stl _IS 1-8 Reynolds B _35 Scab A L - 1-4 Seab Oil _13 1-2 Sears _S3 3-4 Shell Un _ 8 3-4 Socony Vac _ 8 1-4 Sou Pac _ 9 3-8 Sou Ry...— 13 1-4 Sperry _42 1-8 Std Brands _ 6 1-8 Std Oil Cal __ 17 7-8 Std Oil Ind _25 1-8 Std Oil N J _ 34 Stewart Warner _ 7 Studebaker _ 7 7-8 Swift _19 3-8 Tex Corn_ 36 Tex Gulf Prod.. 3 Tex Gulf Sul _ 33 7-S Timken Det Ax _ 28 5-8 Trans Amer _ 4 3-4 Trans &<&& &&We&st Air-IS 1-4 Un Carb -- 74 7-8 Unit Aire _40 1-2 Unit Corp _ 1 3-4 Unit Drug_ 4 7-8 Unit Fruit- 69 Unit Gas Imp_11 5-8 US Ind Alco. 24 1-4 US Pipe -.—.- 28 US Rub _21 1-8 US Smelt and Ref_64 US Ste 1 ___ 59 3-4 Vanadium _ 32 3-4 Vick Cheni .. 44 1-4 1 Va Caro Client _ 2 1-4 Warner Pic _^ 2 1-2 Western Union _19 1-2 West Elec and Mfg_108 Wilson _ 4 1-2 Wool worth _33 1-2 Yell T and C __- 15 1-2 Youngs S and T _ 34 5-8 Total sales 807,100. CURB Cities Service_ 5 3-4 Colom Dvilit --- 3-4 El Bond & Sh - 5 3-8 Gulf Oil -- 30 1-2 STOCKS IN THE SPOTLIGHT NEW YORK, Oct. 1.—(.!>)—Sales, closing price and net change of the ■ fifteen most active stocks today: i Gen Motors, 29.400—497s: a%. US Steel. 26,400—59=4 ; al?4. Gt North Ry Pf. 18.300—28% : a7s. N Centra!. 17,500—1414; a!4. Graham-Paige, 13.400—%: al-16. Press Stl Car. 12,700—12; a%. | Penn RR, 11,200—22=4; a74. Pullman. 10.000—23%: alU. Martin Parry, 10.000—97s; alii, i Cont Motors. 9.600—37s; a!4. Belli Steel, 8.900—80%; al%. Yellow Truck. 8.700—1514; alt. Repuh Steel. 8.400—1814: a!4. Curtiss-Wright, 7,600—8; a 14. Anaconda, 7.500—22=4 ; a%. CASH GRAIN CHICAGO, Oct. 1.—W)—No cash wheat Corn No. 1 yellow 64 1-4 to 65 1-2; No. 2, 65. Oats No. 1 mixed 33 1-4; No. 3, white 33. Barley malting 48 to 63 nominal; feed 35 to 47 nominal. A Field seed per hundredweight nominal; Timothy seed 3.65; al sike cloverseed 9.00 to 11.00; fa red top 7.50 to 8.00; red clover 3.00 to 10.00. 4 LIVERPOOL COTTON LIVERPOOL, Oct. 1.—(iP)—S p o t cotton quiet, prices 52 points lower. Quotations in pence: American, strict good middling 8.65; good middling 8.55; strict middling 8.40; middling 8.30: strict low middling 8.20; low' middling 7.90; strict good ordinary 7.45; good ordinary 7.10. Futures closed 15 to 25 lower. Oct. 7.89; Dec. 7.55; Jan. 7.56; March 7.36; May 7.25; July 7.15. NEW YORK METALS NEW YORK, Oct. 1.— (JV-Copper steady; electrolytic soot Conn. Val ley 12.00; export Fas N. Y. Tin steady; spot and nearby 51.50 for ward 51.25. Lead steady; spot, New York 5.00 to 5.05; East St. Louis 4.85. Zinc steady; East St. Louis spot and forward 7.25. Pig iron, aluminum, antimony, quicksilver, platinum, Chinese wolframite and domestic scheelite unchanged. 4 N. <). COTTONSED OIL NEW ORLEANS, Oct. l.—to— C'otlonsed oil closed steady. Bleachable prime summer yellow 5.30nom; prime crude 4.50; Oct. 4.88b, Dec 5.00b, Jan 506b, Mch 5.13b, May 5.23 b. SPOT COTTON NEW ORLEANS, Oct. 1-—— Spot cotton closed steady and un changed. Sales 1,824; low middling 8.52; middling 9.52; good middling 9.97. Receipts none, stock 57,931. 2 NEW YORK COTTON NEW YORK, Oct. 1.—(jW—Cotton futures stuck to a close course to day and final prices were unchang ed to 1 point down. Trade and mill demand furnish ed most of the support. Contracts were supplied mainly by hedging and professional selling. Pressure was light but buyers were curbed by the fact that most active positions still were above loan levels. Textile agents said a moderate amount of cloth was sold at un changed levels. Sales of gray goods were estimated at under 5,000,000 yards at a late hour. Exports Monday nil. Season so far 138,796 bales; port receipts 13, 343. Port stocks 2,819,822. 4 Range follows: Open High Low Close Oct - 9.51 9.56 9.49 9.54Nunch Dec'.. 9.52 9.57 9.52 9.55 off 1 ,\ ch 9 47 9.51 9.46 9.50 uncli May 9.31 9.35 9.31 9.34 uncli July — 9.10 9.14 9.10 9.13Nunch N-Nominal. Spot nominal; middling (15-16 inch) 9.89. RICHMOND HOGS RICHMOND, Va., Oct. 1 - —(2P1— Hogs good and choice 180 to 225 pounds 5.35-6.55. 100-120 lbs. 4.55 5.05; 120-140 lbs. 5.05-5.55; 140-160 lbs 5.55-6.00; 160-180 lbs. 6.00-6.35; 225-250 lbs. 5.85-6:35; 250-300 lbs. 5.55-6.05; over 300 lbs. 5.45-5.95. Sows under 350 lbs. 4.80-5.30; over 300 lbs. 4.30-4.80. Cattle fat dairy type cows 5.00 to 5.50; good beef breed slightly higher; cutters 4.00to4.50 canners 3.00 to 3.50. Heavy sausage bulls 6.00 to 6.50, lights 5.00 to 5.50. Vealers 10.00 practical top. 2 NEW YORK EGGS NEW YORK, Oct. 1.—UP)—Eggs 20,728; firm. Mixed colors: Fancy to extra fancy 25 1-2 to 29; ex tras 25; graded firsts 21 1-2; sec onds 19 to 19 1-2; mediums 18 1-2; dirties No. 1, 18 1-2; average check 16 to 16 1-2. Refrigerator, fancy to extra fancy 22 to 24-2; extras 21 1-2; standards JO to 20 1-2; firsts 20; seconds 18 to 18 1-2; mediums 18: dirties 17 1-2 to 18 . 2 NEW YORK POULTRY NEW YORK, Oct. 1.—UP)—Live poultry, by freight, wer':. Chick ens, rocks 18; colored 15 to 16. Fowls, colored 15 1-2 to 17; leg horns 11. Pullets, rocks 19. Old roosters 13. Turkeys, hens 24. 2 CHICAGO LARD CHICAGO, Oct. 1.—UP)—Lard tier ces 4.57; loose 4.75; bellies 9.25. RAILROAD BONDS MAKE GOOD GAINS Domestic Loans Trail Along At Uniform Upward Pace But Foreigns Suffer NEW YORK, Oct. 1.—MB—Rail road bonds forged ahead to new highs for 1940 on average today while most domestic loans trailed along at a fairly uniform upward pace. There were some bad breaks in the foreign department. Further evidence the rails were doing increased business in haul ing freight and carrying passen gers. plus new statements by lead ers in the industry that they were in excellent condition to cope with any volume of business the govern mental rearmament program might impose was translated into gains of major fractions to 2 points or more for some carrier obliga tions. The Associated Press average of 20 rail bonds advanced .7 of point to 60.3. beating the old 1940 high by .3 of a point. A few of the oest gainers were: Atlantic Coast Line collateral 4s at 68 1-4, "Big. Four” 4 l-2s at 57, Boston Maine 4 3-4s at 72, New York Central 4 l-2s at 58 7-8, Nickel Palte 4 l-2s at 60 3-8 and Northern Pacific 4s at 75. Ahead elsewhere were, among others, National Dairy 3 3-4s, West ern Union 5s, Republic Steel 4 l-2s and Genera] Steel Castings 5 l-2s. U. S. Governments were 4-32 of a point higher to 4-32 lower. Sales of $9,176,700, par value, compared with $5,442,300 Monday. FOREIGN EXCHANGE NEW YORK, Oct. 1.-^Pi Demand for Swiss francs to repa riate war-scared capital sent the rate up 6-100 of a cent to 23.01 U. S. cents today, highest price of the year. Foreign money dealers said a minor squeeze had developed as Swiss corporations transferred bal ances out of the U. S. on the theory loss of the neutral nation’s independence would result in the blocking of foreign-held balances. The companies desired to avoid the loss of working capital in such fashion. Bankers pointed out the U. S. had blocked money held here by European countries taken over by Germany. The Canadian dollar failed to hold a gain of 1 cent and ended 1-8 lower at 85 3-4 U. S. cents. Free sterling dipped L lr2. cents to 4.03 1-2. * The Hongkong dollar lost about 1-3 cent and the Shanghai dollar 1-10 cent of recent gains. South American units held steady. Closing rates follow (Great Brit ain in dollars: others in cents:: Canada: official Canadian con trol board rates for U. S. dollars: buying 10 per cent premium, sell ing 11 per cent premium, equiva lent to discounts on Canadian dol lars in New York of buying .91 per cent, selling .09 per cent. Canadian dollar in New York open market 14 1-4 per cent dis count. or 85.75 IT. S. cents. Europe: Great Britain, official, (Bankers Foreign Exchange com mittee rates), buying $4.02, selling $4.04; open market, cables 4.03 1-2; Germany 40.00n; (benevolent) 18.50; Finland 2.05n: Greece .68; Hungary 19.50n; Italy 5.06; Portu gal 4.01; Rumania .48n; Sweden 23.82: Switzerland 23.01; Yugosla via 2.35n. Latin America: Argentine offi cial 29.77; free 23.25; Brazil offi cial 6.05; free 5.05; Mexico 20.65n. Far East: Japan 23.48; Hong kong 23.67; Shanghai 5.66. Rates in spot cables unless otherwise indicated). N-nominal. 4 CHICAGO POTATOES CHICAGO, Oct. 1.—(*— (U. S Dept. Agr.)— Potatoes, arrivals 113; on track 377; total U. S .ship ments 582; supplies liberal: de mand for northern triumphs bes quality moderate, market firnr with slightly stronger tendencies: for other varieties all sections de mand slow, market about steady Idaho russet burbanks U. S. No. 1 1.50 to 60; Colorado red McClure: U. S. No. 1, L35; Minnesota anc North Dakota cobblers 80 to 90 pel cent U. S. No. 1, .75 to 85; blis: triumphs 80 to 90 per cent U. S No. 1, .75 to 1.15. 4 BALTIMORE HOGS BALTIMORE, Oct. 1— UP)— (U.S Dept. Agr. (—Hogs 550. Steady witt Monday. Good and choice 180 tc 220 lbs. 6.65 to 90; practical toj 6.90; 220 to 240 lbs. 6.55 to 80; 16( to 100 lbs'. 6.45 to 70; 250 to 30C lbs. 6.35 to 60; 150 to 160 lbs. 6.3c to 60; 140 to 150 lbs. 6.00 to 25; 130 to 140 lbs. 5.80 to 6.00; 120 to 130 lbs. 5.55 to 80. Packing sows 4.85 to 5.35. 4 INVASION WEATHER LONDON, Oct. 1.—CP)—1The Strait of Dover was fairly calm tonight. It was cold and cloudy, with the wind in the northeast. A slight mist wreathed the French coast, but visibility was fairly good. NEW ORLEANS COTTON NEW ORLEANS, Oct. 1. — (TP) — Trade buying absorbed hedge selling in cotton futures here today. Clos ing prices steady 1 to 3 points net higher. Open High Low Close Oct ... 9.55 9.62 9.55 9.60B Dec — 9.55' 9.60 9.55 9.60 up 1 Jan — 9.45B_ _ 9.49B Mch — 9.52 9.55 9.52 9.55 up 3 Mav — 9.34 9.38 9.34 9.3SN July __ 9.15 9.15 9.15 9.16B | B-Bid; N-Nomiual. Closing Bond Quotations BY THE ASSOCIATED PRESS V»U » 1. Treasury 314s 45-43 - 10S.17 314s 46-44 _109.13 2%s 47-45 _ 109.12 2s 47 - 105A6 2'% s 51-48 -109 2%s 52-50 -•_ 106.18 3s 55-51 -111.9 214s 56-54 _103.22 27is 60-55 _108.28 2%s 59-56 - 107.30 2"is 65-60 _107.23 Federal Farm Mtg. 3s 47-42 _ 103.22 3s 49-41 _ 107.24 Home Owners Loan 214s 44-42 _ 103.17 New York City Bond 3s 80 - 9674 DOMESTIC AT ar.rl SF 4s 95_105% B and O Cvt 4%s 60_ 13% Can Pac 4s Perp_ 52% C and O 4%s 92 _ 127 Chi E 111 Pts 5s .. 14% Chi Gt West 4s 59 _ 27% Cri and P Rfg 4s 34_ 6% ciev in term »l»s i2_ 86 Clev Un Term 4'is 77C_ 69 Vi Erie Rf as 67 _ 1G Fia East Cst 5s 74_ 8 Hud Coal 5s 62A _ 31 % Hud and Man Rfg 5s 57_ 45% Int Mer Mar 6s 41___ 66 Lou and N 4 Vis 2003 _ 96 M K and T Adi 5s 67_ 5 NYC Rf 5s 2013 ... 65% Norf and W 4s 96 _125% Nor Pac 6s 2047 _1_ 68 Penn RR Gen 4 Vis 65_103(.P) Phil Read C and I Cv 6s 49 _ 4 Vi Seab A L Cn 5s 45_ 47s So Pac Rfg 4s 55 _ 59Vi So Ry Cn 5s 94 _ 92 Third Ave 4s 60_ 56% West Md 4s 52 _ S8% FOREIGN Australia 5s 55_ 53% Australia 4Vis 56_ 48% Belgium 7s 55_ 50 Brazil 6Vis 26-57 _ 117s Ger Govt 7s 49_ 17 Vi Italv 51_ 42% Japan 6Vis 54_ GSVi Orient Dev 5Vis 58_ 44Vi CHICAGO GRAIN CHICAGO, Oct. 1.—®—Reports of export inquiry by Russia and Fortugal for Canadian wheat, strength in securities and a better demand from mills boosted wheat prices as much as a cent a bushel at times today, but profit taking and pressure from longs in the final hour erased most of the gains Closing prices were 1-4 to 1-2 cent off for December wheat while the deferred positions were unchanged from yesterday’s close. The early advance brought prices to the highest level since last June for the nearby delivery and to new seasonal high for May and July. Reports of favorable weather conditions in most of the winter wheat belt, with greening fields being pastured in some sec tions, contributed to the weakness of the July contract. Final wheat prices were un changed to 1-2 cent lower than Monday’s close, December 82 1-2 to 3-8, May 82 1-8 to 82; corn was 1-4 to 3-8 cents up, December 59 1-8 to 5-8. May 59 1-4; oats were unchanged to 1-8 off; rye unchang ed to 5-8 lower: and soybeans un changed to 1-4 higher. 4 Open High Low Close WHEAT: Dec _S3% 83% 82% 82% Mav _S2% 83% 82 82 Julv _7914 79% 78% 78% CORN: Dec _58 58% 58 58 May _59% 59% 5914 5914 July _ 60 60% 60 60 OATS: May _3194 31% 31% 31% Mav _ 3214 32% 32% 32% SOY BEANS: Oct _76% 75% 74% 7514 Dec _7614 7694 76 76% May _79% 79% 78% 79 : RYE: Dec _46% 4614 45% 45% Mav _49% 49% 48% 49 July _50% 50% 49% 49% LARD: Oct .. 4.52 4.57 4.52 4.52 ec _ 4.75 4.80 4.75 4.75 .Tan _ 4.85 4.92 4.85 4.S7 Mar _ 6.00 6.00 5.97 5.97 Mav _ 6.20 6.20 6.17 6.17 BELLIES: Oct __— - 8.62 CHICAGO BUTTE" CHICAGO. Oct. 1.—(#1—Butter receipts 837.193: firm; creamery, 93 score 29 1-4 to 29 3-4; 92 28 3-4, 91 28 1-2. 90 28 1-4, 89 27 3-4, 88 27 1-4, 90. centralized carlots 28 1-2. Eggs, receipts 5.426: firm: fresh graded, extra first local 20 3-4, errs 20 3-4; storage packed extras 23 3-4; other prices unchanged. 4 DAIRY PRODUCTS NEW YORK. Oct. 1.—OP)—Butter 1.107.165; steady. Creamery; high er than extra 29 3-4 to 30 1-2; extra (2 score) 29 1-4 to 1-2; firsts (88 to 9D 27 1-2 to 29; seconds (84 to 87) 25 1-2 to 27. Cheese 411,326, firm; prices un changed. 4 SPOT COTTON CHARLOTTE, Oct. 1— W—Spot cotton 9.55. 4 CHICAGO LIVESTOCK CHICAGO, Oct. 1. — M— Hogs moved strong to 10 cents higher today, the top advancing to $6.65. Fed steers and yearlings sold strong to 25 cents higher while oth er classes of cattle were unchanged Fat lambs were steady to 15 cents up. The advance in hog values fell on butchers scaling 190 pounds and up and on packing rows. Receipts| undershot previous estimates by 3,000, totaling 17,000 with 4,000 di rect to packers. The wholesale pork market declined, best loins fall ing to $16 per hundredweight. (US Dept. Agr)—Salable hogs, 13,000; total 17,000; butchers 190 pounds up and packing sows 5 to 10 higher, mostly 10 higher than Monday’s average; top 6.65; bulk to 60; bulk 300 to 350 lbs. 6.40 to 60; bulk 30 Oto 350 lbs. 6.15 to 25; most 350 to 400 lbs. 5.75 to6.20; 400 to 500 lbs. 5.50 to 85; shippers stock 500; holdovers 1,000. Salable cattle 6,000; calves 1,000; fed steers and yearling including light heifer and mixed yearlings strong to 25 higher; market un even but generally active at ad vance; due to sharply abridged re ceipts and rather acute scarcity strictly good choice and prime of ferings; killing quality heifer run medium to good; strictly choice kind absent for several days; cows very scarce and fully steady; bull steady to weak, mostly 10 to 15 lower for week to date; vealers 25 higher early; but closed steady after 12.00 was paid rather freely stockers and feeders continue much more active and generally 25 higher early; but closed late last week; yearlings going at 8.75 to 10.50; selected lots to 11.40 and heavy feeders at 8.75 to 9.50; strict ly choice medium weight steers topped killer market at 13.75; sev eral loads 12.50 to 13.00; some 10.25 lb. yearlings fed showed here made 13.25; several strictly good to choice lots turing at 12.00 to 65, mostly 9.50 to 12.50 market on fed steers best yearlings 1.75; cutter cows 5.75 down; sausage bulls 7.15 on down. Salable sheep 3,000; total 7,000; fat lambs closed upward f u 1 ly steady to 10 higher; top 9.35 on six decks good to choice Washing tons averaged 92 lbs.; bulk good to choice natives 9.15 to 25; a few up to 9.35; yearlings strong to 25 high er; three decks fed Texas yearling 7.75 to 8.10; slaughter ewes un changed. scattered sales 3.75 down. 2 CENSUS CONDUCTED HONOLULU, Oct. 1. — UP) — Oto Joiro Okuda, acting Japanese con sul-general. said today a census of all Japanese aliens and Japanese of dual citizenship was being conducted in the Hawaiian islands at the be hest of the Japanese go%ernment. In two-thirds of the accidents in volving pedestrians, the pedestri ans are in fault. DAILY CROSSWORD ACROSS 17. Japanese 33 Open (poet.) I. In this sash 34. Disfigure place 18. Word 35 Greek letter 5. Bother expressing 37 Noah’s boat 9. Overgrown negation 38. Anysplitpulse with ivy 19. A clique 39 Falsehood 11. Misrepre- 20. Border 40 Half ems sent 21. Single-spot 44. Vessel’s track |*^gc[HlAtRlGlOM 12. Piece of card 45 Neuter furniture 22. Weight pronoun b H rTTnI kBn Tl E 13. Sky-blue . 23. Conclude 46 Fart of bottle i|i i| 1 P H 14. Cistern 27 Exclamation 48 Not many . , 16. Thoughtful 28 Flatfish 49 Meadow Ve.terday . Anew* / 24. Hautboy 31 Germanium 50 Vase 54 Narrow inlet 25. An image (sy»n.) 51. Insect egg 55 Away 26. Marked 32. Burst open 53. Conjunction 56 Permit 29. ^aihr0les TTTTYW!^FTTYr 30. A witch _' // <22 CZl 32. Splendor 9 IO //X II 36. Mace-bearer XX/ ii. a fish 12 yy. 13 42. Shed copiously '/// I—' mmmzmm 48. To fail |6 |S icj 20 2I 22 23 (colloq.) 52. Joyful song —-________ 57. Weird 24 X% 7% 7x 25 58. Cutting ____CjU ^22 (Z/L_ instrument 26 27 28 V7129 • 59. Desire //\ iMQsu mmzzzmm 1. Striae 32 33 34 35 7/ 36 37 3© 39 40 2. Girl’s name /// 3. Umbrella part -777777 42 4^°hngated__ 5. TYmkish 43 44 45 46 '♦E. mmzzzmm 7. Title of 4& 49 50 51 77 52 53 54 55 56 respect X/7_ 8. Perceive 57 77 5© 10. Female deity /y, II. Moderate 7^ 777 77/ 77/ 60 15. Public notice V/ 7/ yy. 16. Policeman ----K X /KXXX X XI---J___ (slanf 1 Distributed by King Features Syndicate. Inc. - * I SUTTON’S TRIAL SET FOR NOV. 18 Continuance Gives Holland New Reprieve; Death Date Jan. 24 RALEIGH. Oct. 1.—UB—Shep rose Holland, under sentence of death for the murder of his step son in Duplin county, will get a new reprieve to set his death date for January 24 due to continuance of a case in Duplin county against two men charged with conspiracy to murder the child. Parole Commissioner Edwin Gill said today the new reprieve would be necessary as Holland’s death date now was fixed as November 8. Yesterday at Kenansville Judge Leo Carr ordered the trial of Ralph Sutton and Mott Sutton, charged with conspiracy to murder Ray Goodman Holland, the stepson, continued until a special term of court starting November 18. The Suttons were indicted after an appearance by Holland before the Duplin grand jury last sum mer. Holland was convicted in July 1939. Defense attorneys objected to the continuance yesterday. Defeated Candidate Is Given Workhouse Term NEW YORK, Oct. Joseph E. McWilliams, who was defeated two weeks ago in a bid for a re5 publican congressional nomination, today was sentenced to 75 days in the workhouse on a disorderly con duct conviction based on an anti Semitic street speech. Seven days he spent in the psy chiatric ward at Bellevue hospital were deducted from the sentence. McClure Memorial Church Formed At Castle Haynes The McClure Memorial Presbyteri an church o£ Castle Haynes was or ganized Sunday night by a commis sion of Wilmington Presbytery con sisting of tlie Rev. C. II. Storey, IX D., chairman, the Rev. J. IV. Whit more, D. IX, the Rev. G. A. Wilson, D. D., and Elders George S. Bov. Ian, John E. IVoodburn, and S. A. Haines. The Rev. A. IX P. Gilmour, D. D„ and the Rev. A. J. Howell, other members of the commission were unable to be present. Some 40 years ago Dr. A. D. Mc Clure, then pastor of St. Andrew’s Presbyterian church, began preach ing in the Castle Haynes community and the work lias been carried on steadily by the St. Andrews church The late William H. Sprunt erected the present brick building as a me morial io Dr. McClure and the Rev. C. C. Myers lias served the congre gation as mission pastor from St. An drews. For the organization meeting spe cial music was rendered by the male chorus and St. Andrews choir. Sev enty-three members of St. Andrews were dismissed to become the char ter members of the new church. For many years laymen from St. Andrews have held services e h Sunday under the direction of the Men-Of-The-Churcli. The men of St. Andrews will continue 10 conduct services there twice a month and the mother church will continue lu support the work in many ways. Rocky Mount police have regis tered more than 2.100 bicycles this year. 1 BLESSED RELIEF ,r0m' symptomatic pain and discom fort suffered by members of “The Look - of - the - Month League”. Try CHI-CHES-TERS PILLS as thousands of women are happily doing. Con tain no habit-forming DWp PTOBTCr drugs nor narcotics._. Safe to take as directed. «*<< “p > Look Up the Number Before You Dial Dialing telephone numbers from memory often results in getting wTong numbers. This is annoying to both you and those you call by mistake. So be sure of the number before you dial. Look it up in your telephone directory. It will save your time. You will avoid disturbing others unduly, and you will spare yourself the embarrassment of getting ■ ' wrong numbers. J. R. THOMAS, Mgr. Southerfi Bell Telephore rub telegraph ibriparb INCORPORATED^ ft. - *-■ \
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 2, 1940, edition 1
7
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