Market Stages Rally With Little In News To Account For Upswing
favored ISSUES
MAKE COOP GAINS
Associated Press Average Of
(id Issues Holds Net Ad
vance of .4 of Point
by BERNARD S. O’HARA
NEV>- YORK, June 3.—UP)—The
stock market today put on the beat
u’v in about two weeks with little
1 ‘he way of outstanding news to
account for the upswing.
The list, hesitant at the start, be
an to climb near mid-day and gains
S.„ to a point or so for active lead
's ami around 2 for a handful of
••Slue .-hips-” Dealings were lively
/on a brief interval, then slackened,
i losing prices were under the tops
i„ many instances.
The Associated Press average oi i.u
jssuec held a net advance of .4 of a
point at 40.1. largest for any single
Session since May 20. Transfers to
laMed 417.940 shares, also the biggest
turnover since May 21, they compar
ed with 255.308 yesterday, one of the
smallest volumes since last August.
Brokerage explanations of the
comeback varied. Most felt the buy
in-. revival was due principally to
yfe fact selling had dried up to vir
tuailv nothing in the face of depress
jp-, par developments, labor rifts and
the cloudy tax picture. Speculative
reasoning, therefore, was that bot
tom may have been reached and that
chances tor a forward shift were
betid than even.
Then, too, mounting wages and
strength in commodities turned on a
little more inflationary psychology
Drawbacks, however, still were seen
in broadening governmental controls
mid the possibility spreading priori
ties and price "ceilings" eventually
would hit corporate earnings and
dividends. Hopes congress would
trim tlit excess profits tax proposals
nl the treasury were said to have
aided sentiment to some extent.
Share gainers of 1 to more than 2
points included Westinghouse, Dow
Chemical. Allied Chemical, Air ite
iliiction, Eastman Kodak. Du Tont,
Chrysler. .Montgomery Ward J. 1.
Case Ccrro De Pasco and American
Telephone. International Paper Pre
ferred got up 1 7-8 to a new high for
t|,e year. The majority of utilities,
rails, aircrafts and rubber were nar
row.
BALTIMORE HOGS
BALTIMORE. June 3.—(JP)—(US
Dept, el Agr.)—Hogs 450; mostly
15 lower than Moi day; practical
lop 9.70; good and choice 160 to
220 lbs. 9.1a to 70; 160 to 180 lbs.
9.35 to 60; 220 to 240 lbs. and
150 to 160 lbs. 9.25 to 50; 140 to
150 lbs. 9.15 to 40; 250 to 300 lbs.
9.00 to 25; "0 to 140 lbs. 8.85 to
910; 120 to 130 lbs. 8.65 to 90;
packing sows 3.00 to 50. 1
BALTIMORE POTATOES
BALTIMORE. June 3.—iB—Pota
toes and sweet potatoes unchanged.
Free Advice On
AH Your Life
Affairs
—See—
INDIAN CHIEF
RUNNING ELK
IIN PERSON)
at new location
,V'e JaUaii Chief not onlv tells voti
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. f; °[!J °f them. He is a reader of
fidiL n- :""1 a builder of your
”rf- bis advice lias been acknowl
„»8"d appreciated by thousands
com® ' '.n ?VP,'T "'alk of life. A
nroii t-e astrological reading, giving
predictions month by month and
the based on your sign of
w“d|ac. Consult the Indian Chief
or iff..'aabmg any changes in home
love UmfCS-s affa’rs- signing papers.
sn.''arriage. seeking employment.
Mcnhtion, travel, friends, or ene
S' llPaltl1- accidents,
aim „a >0,,1( T01lr fortifnate days,
aad numbers.
POSITIVELY FREE
READING WITH EACH
PURCHASE
StnrAiAe5' Elver. Constipation.
Ti°Moth J.,''n|,ble. P-E-P-A Man
Vrmiwfe-. "'ttabnoss MEN AND
I nwi^’ir-k r‘.nn Down Condition.
Iiuli~I.i- ' babty of the System, and
anna’e8*10?' "edical Lake Ointment,
0,A or Oehing. Eczema. Pitjiples.
bid Sores and Ulcers.
, „ NERVINE
Fniifry® .‘‘'ive- recommended for
Sl«nLSy ani Brsteria. Nervousness.
Dir™ s*"ess' Neuralgia, Nervous
Ne«n?1l'ai,,Nervo"s irritation, and
oervous Disturbances.
ln«r5~IKDY ,or RHEUMATISM
injury. Acute and Chronic,
,.:1P . Remedies for many other
eomplamts.
PRICES *1.00 AND UP
NO SCRIBE
CHIEF RUNNING ELK
JHIUiE BLOCKS EROM CITY
v’.'p ON HIGHWAY TO
r*c?HNA BEACH—private
vtnLI„EN(:K - RIGHT HAND
SHip™» BOAIJ—REACHED BY
SHIPYARD OR SUNSET PARE
BUS
leuk lor the Indian Head Sign
Koomt for White and Colored
"Dice Hours: 9 A. M.—9 P. M.
_ Sunday All Day
Closing Bond Quotations
BT THE ASSOCIATED PRESS
GOVERNMENT
Treasury
3 %s 46-44 - 108.3
2Us 47-45 -... 108.15
2Us 53-61_..._ 106.4
2*/3s 5452 - 104.5
2%s 60-55 ..._ 110.28
2Us 58-56 _ 108.5
2Us 63-58 _ 110.14
2Us 65-60 - 110.25
Home Owners Loan
3s 52-44 - 106.26
DOMESTIC
A T and S P 4s 95_108%
B and O Cvt 4Us 60__ 26%
Can Pac 4s Perp___ 58 U
C and O 4%s 92 __128%
C B and Q 4%s 77_ 77
Chi E Ili 5s 51_ 24
C R I and P Rfg 4s 34_ 11%
Clev TJn Term 5%s 72_ 87
Clev Tin Term 4%s 77c_ 69%
Erie Rf 5s 6v_ 24%
Hud Coal 5s 62a _ 39%
Hud and Man Rfg 5s57_ 44%
Int Gt N Adj 6s 52_ 13
Int Mer Mar 6s 41_ 82%
L and N 4%s 2003 _ 98%
M K and T Adj 5s 67_ 12%
Mo Pac Gen 4s 75 ___ 1 %
N Y C Rf 5s 2013_ 61%
N and W 4s 96_126%
Nor Pac 6s 2047 _ 66%
Penn R R Gen 4%s 65_106%
Phil Read C and I Cv 6s 49_ 5%
S A L, Cn 6s 45 —.. 6%
So Pac Reg 4s 55 —___-_66%
So Ry Cn 5s 94 _ 91%
So Ry Gen 4s 56_ 61%
Third Ave 4s 60_ 50%
West Md 4s 52_ 92%
FOREIGN
Australia 4%s 56_ 52%
Brazil 6%s 26-57 _ 17%
Ger Govt 7s 49_ 9%
Italy 7s 49- 9%
Italy 7s 1951 . 27%
Japan 6%s 54 - 64%
Rio Gr Do Sul 6s - 60%
Closing Stock Quotations
BY THE ASSOCIATED PRESS
Adams E^p _ 6 3-4
Air Reduct_ 40 1-2
Alaska Jun _ 3 7-8
A1 Chem and Dye__-—147 3-4
Alleghany _ 7-lfi
Allis Chal Mfg .27 1-4
America.i Can __— 79
American Car Fdy- 27 7-8
American Pow and Lt —.— 1 1-8
American Rad and St S_ 6 3-8
American Roll Mill ..13 3-4
American Smelt and Ref_ 40 3-8
A T and T _ 154 1-2
American Tobacco B_63 1-4
Anaconda _26 1-4
Arm III _ 4 1-8
A T and S F _ 27 5-8
Atlantic Coast Line _19 3-4
Atlantic Refinery _20 1-4
Aviat Corp _ 3 1-4
Baldwin _13 3-4
B & o _ 3 5-8
Barnsdall _ 9 1-8
Bendix Aviat _ 34 3-4
Beth Steel_ 70
Boeing' Airpl _15 1-S
Borden _19 1-8
Borg Warner _ 16 1-2
Briggs Mfg . 19 3-8
Budd Mfg . .. 4
Burl Mills. 16 1-2
Bur Add Mach . 7 3-4
Calumet & Hec_ 6
Can Dry _ in T-8
Can Pac ..... 3 1-2
Case J I_ 56 3-4
Caterpil Trac _ 43 1-2
Champ P & F..19 1-2
Clies & O_-_ 36 5-8
Chrysler ..._ 56 3-8
Coca Cola _ 88 3-4
Col uni G £ E.-.- 2 3-4
Coml Credit _23 1-2
Coml Solv _ 9 7-8
Coni with & Sou___ 5-16
Consol Edison _17 1-2
Con Oil - * 1-8
Cont Can...- 32 1-2
Corn Prod_—.....— 45 7-8
Curtiss Wright- 8 1-4
Curtiss Wright A -27 1-2
Doug Aire_ 68 3-4
Dow Chem-124
DuPont _145 3-4
Eastman Kodak-124 1-2
Elec Auto Lt ..._-—— 26
Firestone -—.—-—--15 3-8
Freeport Sul __S3 3-4
Gen Elec__—...—....... 29 1-4
Gen Foods- 36
Gen Met -37 1-2
Gillette - — 2 1-8
(Hidden -—-—...... 14 1-2
Goodrich _...— -12 1-4
Goodyear _—-... 16 1-4
Graham Paige ...- —. 11-16
Gt Nor P»y Pf - 25 3-4
Hupp Mot _....--- 7-16
11] Cent - — 8
int Harvest .....—-— 50
Int Nick Can .....--—— 24 3-8
Int Tel £ Tel- 2
Johns Man--— 57 3-4
{vennecott --— -36
Libby O F G1 -.-.27 1-8
Li3S £ Myers B -—- 81 1-3
Loews _..-28 1-8
Loft - 19 1-4
Lorilard _1G 1-8
Mack Truck _26 1-2
McCrory Stores _13
Montgomery Ward _ 34 5-8
Nash Kelv _ 4 1-8
National Biscuit _ 15 5-8
National Cash Reg_11 5-8
National Dairy Prod_13 1-8
National Dist _19
National Lead _15 1-8
National Pow and Lt __ 6 1-8
New York Central _12 1-8
North American Aviat _13 1-2
North American _13 1-8
Northern Pacific _ 6 5-8
Ohio Oil _ 9
Otis Elev __— 14 7 8
Pac G and E _23
Packard _ 2 5-8
Param Pix _10 3-4
Penney J C _80
Penn Railroad _ 24 7-8
Phillips Pet ...— 41 7-8
Pitt Scr and B _ 4 7-8
Public Service N J_23
Pullman _28
Pure Oil _ 9 1-2
Radio _ 3 3-4
Rad K O __- 2 5-8
Remington Rand _ 8
Republic Steel --- 18 3-8
Reynolds B__ 28 1-2
Seab Oil ..—..15 1-2
Sears - 70 3-8
Shell Un -- 14 1-4
Socony Vac_ 9
Southern Pacific _11 1-4
Southern Railway -12 1-2
Sperry _34
Standard Brands _ 5 1-2
Standard Oil Cal _ 20 3-4
Standard Oil Ind___28 1-4
Standard Oil N J_37 1-4
Stewart Warner_.... 7
Studebaker _- 4 7-8
Swift . 21 1-4
Texas Corp _ 39 1-8
Texas Gulf Prod _ 3 1-2
Texas Gulf Sul _34
Timken Det Ax--— 31 3-4
Trans and West Air_10
Union Carbide _ 69 3-4
Union Pacific _79
United Aircraft _38 1-2
United Corp - 1-2
United Drug_ 2 7-8
United Fruit _61
United Gas Imp_ 6 3-4
U S Ind AIco _ 23 3-4
U S Pipe .. 26 3-4
U S Rubber .. 21 1-4
U S Smelt and Ref-60
U S Steel _ 54 1-8
Vanadium--- 24 3-4
Va Caro Chem_ 1 1-2
Warner Pic _ 3 3-8
Western Union _ 23 5-8
West Elec and Mfg-90 1-2
Wilson _ 4 1-4
Woolworth---27 1-4
Yell T and C .. 13
Youngs S and T_33 1-4
Total sales, 417,940.
CURB
Asso G and El a- 1-16
Can Marconi-.--- 7-16
Cities Service - 37k
El Bond and Sh_ 2
Gulf Oil--- 33 Vs
CHICAGO GRAIN
Open High Low Close
WHEAT—
Julv _ 957s 98% 95% 98%
Sep .97% 99% S>7% 99%
Dec _ 99% -09 if 94 100%
CORN— •
July _ 73% 74 73% 74
Sep _ 74 is 75% 74% 75%
Dec _ 76 76% 75% 76%
Ju?vAold_ 36% 36% 36% 36%
July new __ 35% 36% 35% 36%
Sen old — 37% 37% 37% 37%
Sen new „ 36% 37 36% 87
Dec — 38 38% 87% 38
SOY BEANS— „
ml v - 134% 135% 1S3 % 13a
July - J25% 123% 125
Dec 124% 125% 128% 125%
RYE— _ 4?
July new 56 56 55% 5a%
lepnew"':: 56% 57% 56% 57'*
Dec - 60% 60% 69% »9%
9.70 9.72 9.65 9.72
Sei^ 9.90 9.92 9.85 9.90
" 10.00 10.00 9.9a 10,00
Dec'—IHlO.17 10.20 19.12 10.20
BELLIES 12.07
juiy — - — : :: 12.95
Sen-- - — •= 13.35
Oct ——- - ~ —
NEW YORK SUGAR
NEW YORK, June 3.—OP)—Some
refiners today eliminated a p*rt tn«
15-point cut in the price of refined
sugar made a few weeks ago a
quoted 5,05 cents against 4.95 pre
V'°Dom,« >»>«“ » iSZt
sgg£&si'tis&
Domestic eon^aot- close
ISO 2.50 2.49b
July ...—-— 3 53 ",53b
Sep- I II 2.54 " ‘-Sb
Jan- i ll 2.56 2 56b
Mch ——- S‘s« 2 60 '’.59b
May-—— 8-®u
b—Bid.
CHARLOTTE COTTON
CHARLOTTE. June 3.—(AO—fepot
cotton lj.io.
NEW YORK COTTON
New York, June 3.—(-S’1—Buying
interest in cotton futures revived to
day under the influence of a more
active cloth market and closing
prices were 10 to 14 points higher.
Cotton fabrics commanded eager
bidding in the Worth street market
and some quarters estimated a 10,
000,000-yard turnover in print <■ oths
and related items. Prices on goods
for nearby shipfnent upward. The
buying flurry, culminating a period
pf quiet, was attributed to fears that
mills in the southeastern area migh*
have to curtail production because of
the drought’s adverse effect on the
power situation.
Exports Monday 653 bales. Season
so far 967,423. Port receipts 17,663.
Port stocks 3,376,347.
Range follows:
Opel. High Bow Close
July 13.12 13.24 13.10 13.22 BTp 14
Oct 13.29 13.38 13.27 13.35 Up 10
Dec 13.38 13.47 13.36 13.43 Up 11
Jan I- 13.38 13.38 13.3S 13.40nUp 12
Mar 13.35 13.47 13.32 13.44 Up 14
May — 13.32 13.45 13.29 13.41nUp 14
n—Nominal .
Spot nominal; middling 13.77.
NEW ORLEANS COTTON
NEW ORLEANS, June 3. (IP)
Cotton futures advanced more than
50 cents a bale here today on buying
apparently stimulated by be,ielT prices
were not high enough to meet the
loan on the new crop. Closing pi ices
were steady 12 to 16 points net
higher. -
Open High Low Close
July — 13.15 13.2$ 13.15 13.251. .
Oct 13.35 18.44 13.34 13.42 P L
Dec - 13.42 13.54 13.42 13,53 Up 14
Jan — 13.39b- -13-49b
Moh .. 18.39 13.53 13.39 13.54 Up 16
May „ 13.40 13.51 13.40 13.49b -
b—Bid.__
NEW YORK EGGS
NEW YORK, June 3.—^—Eggs
42.319; steady to firm. col
ors: fancy to extra 27 3-4 to 29 1-4
extra 27 1-4; storage packed firsts
26; graded firsts 25; mediums 23 3-4
[to 24; dirties no. 1, 24 to 24 1-4;
I average checks 23( 1*2 to 3-4.
RAILROAD ISSUES
REGISTER I NS
Selected Group of Industrials
And Utilities Also Tack
On Advances
NEW YORK, June 3.—(iP»—Medi
um-priced railroad bonds and a se
lected group of industrials and utili
ties tacked on gains of fractions to
a point or so today as the general
list remained hesitant with a steady
undertone.
Trading was enlivened considerably
in the final hour when there was a
burst of selling in German govern
ment issues and brokers were unable
to find any specific piece of news to
account for it. The 5 l-2s ended down
l'3-4 at 7 and the 7s (Dawes loan) lost
7-S at 9 1-2. Both issues were off
more at one time. In contrast, Ja
panese governments, Tokyo Electric
Light Gs and several other foreign
issues, including Denmark 6s and Ca
nadian 4s moved up fractions to a
point.
Transfers of $5,222,400, par value,
were light, as bond volume goes, but
well ahead of $4,006,300 on Monday.
The Associated Press average of 20
rails added .2 of a point and the
industrials and utilities .1 each.
Well up in front of the advancing
column were Nickel Plate 5 l-2s at 75.
Western Union 5s at 79 1-2, Alle
ghany Stamped 5s at 49 3-S, Interna'
tional Hydro Electric 6s at 40, Rock
Island General 4s at 19 3-4 and Com
■solidated Oil 3 l-2s at 105 3-S.
International Mercantile Marine 6r
had a troubled day after Monday’s
brisk runup on news the bonds
would be paid off 50 per cent cash
and the remainder in new bonds.
The issue first fell back slightly, then
rallied only to meet new profit taking
and at one time was off about 2
points. It closed at 82 1-2, off 1-2.
railroad freight
NEW YORK, June 3.—OP)—Reve
nue freight cars handled by railroads
reporting today for the week ended
May 31 included:
Illinois Central, May 31, 34,087:
previous week, 37,423; year ago, 27,
143.
Dela.. Lack, and Wasn., May 31,
18,591: previous week, 19,576; year
ago, 14.135.
Pennsylvania, May 31 136.036; pre
vious week, 145.108: year ago, 101,
1SG.
Wabash, May 31, 15,837: previous
week, 17,417: year ago, 11648.
St. Paul, May 31, 27,749; previous
week, 32,105; year ago,-22,717.
Southern Pacific, May 31, 42.928:
previous week, 45.7SG; year ago, 32,
783.
Rock Island. May 31, 20,927; pre
vious week, 28,081; year ago, 21,036.
Ches. and Ohio, May 31. 40.S80: pro
vious week, 43,604; year ago, 35,483
Nickel Plate, May 31, 18,915; pre
vious week, 20,339; year ago. 14499
Pere. Marq., May 31, 12,796; pre
vious week, 13886; year ago. 9,436.
CHICAGO LIVESTOCK
CHICAGO, June 3.—I/P)—Hog
prices declined 15 to 25 cents to
day as receipts on the local mar
ket reached the highest level since
March 19. The slump completely
erased all of yesterday's upturn
and brought the top price down to
$9.45, 20 cents under the recent
1941 high.
Lower swine prices developed
despite further firming tendencies
in the dressed pork market, where
gains ranging to 50 cents were re
corded. The bulk of 180 to 330 lb,
swine sold at $9.10 to $9.40.
Salable cattle 8,500: calves 1,
200; yearlings and light steers
strong: instances 10 to 15 higher
on medium grade 850 to 1,000 lbs.
steers; all yearling's measurable
higher han late last week on ac
tive trade; medium weights and
weighty bullocks predominated in
crop. Steady, with slowest action
on 1300 to 1500 lbs. averages; most
ly 9.25 to 11.00 trade: 12.40 top;
next highest price 12.25, these scal
ing around 1200 lbs. best yearlings
11.50, averaging 1035 lbs.; yearl
ing heifers 11.50, heifers strong to
shade higher; cows firm, very
scarce; bulls 10 to 15 up; practi
cal top weighty sausage offering
8.65; with 8.75 extreme outside;
vealers firm at 11.00 down.
Scaling sheep 1,000; total 2,000;
today’s trade; spring lambs strong
to 25 higher; fat sheep scarce,
steady; small lot closed sorted na°
five springers 12.25: bulk good and
choice truck in lots 11.50 to 12.00:
few throw-outs 9.00 to 10.00; best
90 lbs. shorn lambs 10.25; good
grade 100 lbs. kinds 9.50.
RICHMOND LIVESTOCK
RICHMOND, Va., June 3.—CP)—
(U. S. Dept. Agr.)—Livestock: Hogs
10 cents lower. Top 9.15; good and
choice 180-225 lbs. 8.95-9.15; 100-120
lbs. 7.15-7.65; 120-140 lbs. 7.65-8.15;
140-160 lbs. 8.15-8.60: 160-180 lbs. 8.60
S.95; 225-250 lbs. 8.45-8.95; 250-300 lbs.
S.158.65; over 300 lbs. 8.05-8.55. Sows
under 330 lbs. 7.40-7.90; over 350 lbs.
6.90-7.40
Cattle — Fairly light Generally
steady. Fat dairy type cows 6.50
6.75, canners and cutters 4.00-5.50.
Heavy sausage bulls 7.00-7.50. Veal
ers about steady. Good and choice
nearby 10.00-10.23. lower grades 9.50
down to 6.00.
Spring lambs about steady. 10.00
downward.
NEW YORK BUTTER
NEW YORK, June 3.-Butter
2,156,483; steady. Creamery; high
er than 92 score and premium
marks 35 3-4 to 36 1-2; 92 score
(cash market) 35 1-2; 88 to 91
score 34 to 35 1-4; 84 to 87 score
32 1-2 to 33 1-2 A
HE’S IN THE ARMY NOW
i
Selectee (Private) Charles G. Mosher, who entered the service on April 30 at Camp
■ Grant, 111., gets his first $21, the monthly pay of a selectee for the first four months, at
Camp Davis. Mosher is a member of battery “I,” 93rd CA (AA) regiment and is shown
standing at the pay table. In the picture is Capt. L. K. Ellsworth, commanding officer
of the battery, and the commander of the fir st platoon of the same battery, Lieut. T. D.
Warren, paying and witnessing officer.
11 .. ■ ~ ..
Camp Davis Selectee Discloses
How He Spent First Month’s Pay
COUNCIL TO TALK
MANAGER TODAY
Names of Applicants Are
Scheduled to be Disclosed
At Meeting
Wilmington’s new city council,
with preliminary routine business
disposed of, will meet this morning
at 9.30 o’clock for what actually
will be the first gathering for dis
cussion of many important matters
affecting Wilmington and its
citizens.
It has been announced tnat trie
names of 20 or more applicants for
the position of city manager will be
made public at today’s meeting,
and that such an official probably
will be selected by the end of this
week. The statute passed by the
last session of the North Carolina
general assembly did not specify the
amount of the city manager's sal
ary, and no statement has been is
sued in this connection.
The meeting, open to the public,
will be held in the assembly room of
the city hall, with Mayor Hargrove
Bellamy presiding. The council for
mally was inducted into office at
noon last Saturday, superseding the
commission.
One of the most important deci
sions to be made by the board is the
setting of a date for an election on
the question of issuing more than
$2,000,000 in bonds for extensions
and improvements to the water
works of the city.
These are vitally necessary be
cause of the city’s rapidly growing
population, created by national de
fense program activities in and near
Wilmington.
At its initial meeting last Satur
day, members , of the council—Bell
amy, J. Neveland Brand, Jr., named
city treasurer, David S. Harriss and
Edgar L. Yow—did not name an as
sistant attorney or a secretary to
the mayor. These appointments may
be made today.
Alan A. Marshall, re-elected judge
of the juvenile court, has been serv
ing as assistant city attorney, and
Martin Ahrens was secretary to
Mayor Thomas E. Cooper.
New Dry Cleaning Plant
Opened in Wilmington
Anouncement was made yesterday
of formal opening of the new Lem
Gee’s Dry Cleaners, at 605 North
Fourth street. This establishment
will specialize in high quality, ef
ficient dry cleaning at economical
prices.
It is owned and operated by a
life-time Chinese resident of Wil
mington, Lem Gee, who has more
than 10 years experience in laun
dry and dry cleaning work.
With the use of all new up-to-date
equipment and experienced dry
clc. ners, the Lem Gee’s Dry Clean
ers will operate a cash and carry
and call for and delivery service.
WAIVES EXTRADITION
LOS ANGELES. June 3.— <JP) —
William Bioff, Hollywood labor
leader accured in New York of at
i tempted extortion, waived extradi
tion today and posted a $50,000 ap
pearance bond. A removal hearing,
scheduled Thursday, was cancelled.
FIVE KILLED
HALIFAX, N. S., June 3.—(VL
Five Royal Canadian Air force men
were killed today in the crash of
their plane on or near Sable island,
100 miles off the coast of Nova
Scotia,
For th? past six years, prior to
one month ago, Selectee (Private)
Charles G. Mosher, of Detroit,
Mich., was a teller in the National
Bank of Detroit. Before moving to
Detroit, from a small mid-state
town in Michigan, Pvt. Mosher,
who is 28 years old, had worked for
two years in a country bank after
finishing school at the East Lan
sing State college, Michigan, and
the American Institute of Banking.
When Pvt. Mosher tabulated his
first month’s spending as a selec
tee soldier, he revealed the fol
lowing expenditure of his first $21,
from “Uncle Sam:”
Recreation, cold drinks, movies,
trips to Wilmington . $5.00.
Personal Comforts, shaving
cream, razor blades, etc. ..$1.00
Stationary. Stamps . $2.00.
Cigarettes . $2.50.
Food, while away from Camp
Davis . $2.00.
Savings . $8.50.
Total . $21.00.
The fact that Private Mosher al
located more than one-third of his
salary to savings, “was due to my
civilian training in a bank,” the
soldier told his battery command
er.
Pay calls sounded for the first
time Monday at Camp Davis when
a major portion of the troops glad
ly stood in line for their pay. For
many of them (selectees) this rep
resented the first money "Uncle
Sam” had sent their way. Not all
of the selectees stood in pay line
Monday, however, for their $21.00
because those who arrived after
the 10th of May will be paid on a
supplemental pay roll later in the
month.
Enlisted men receiving cash pay
ment must be identified to the
Finance Officer by a commission
ed officer of the payees organiza
tion or by the First Sergeant who
must be designated in writing by
the organization commander and
authorized to identify persons to be
paid.
When Camp Davis reaches its
full strength, 20,000, a staggered
payday arrangement will be fol
lowed. The schedule of payments
to organizations which will total
$1,000,000 monthly will be changed
monthly, by rotation. Troops paid
on the 1st day this month will go
to the foot of the list on the suc
ceeding month.
Officers are paid by check and
enlisted men are paid by cash.
CHICAGO POTATOES
CHICAGO, June 3.—W— (U, S.
Dept. Agr.)—Potatoes, arrivals
124; on track 268; total US ship
ments 827; new stock, supplies
moderate; demand for California
long whites moderate, market
firm; for southern triumphs de
mand very good, market slightly
stronger; California long whites U.
S. No. 1, 2.45 to 50; Alabama bliss
triumphs US No. 1, 1.90 to 2.10;
Louisiana bliss triumphs TJS No
1, 1.85 to 95; old stocks, supplies
light; demand for Idaho russets
good, market stronger; northern
stock all varieties demand fair,
market steady; Idaho msset Bur
banks US No. 1, 2.00 to 25. 1
CRASH VICTIM
RALEIGH, June 3.—UP)—Mrs. Es
telle Clark of Raleigh died today,
bringing to two the death toll of a
four-car automobile wreck three
miles south of here late last night.
Alonzo Cox, operator of the car in
which Mrs. Clark was riding, was
killed instantly. His car was one
of three which piled into a stalled
automobile in a heavy rain. Two
■other persons suffered minor in
juria0
Directors of School
For Deaf Reappointed
RALEIGH, June 3.—(JP)—Gover
nor Broughton announced today the
reappointment of seven members of
the board of directors for the North
Carolina School for the Deaf at Mor
ganton. They were:
W. W. Neal of Marion; W. M.
Shuford of Lexington; H. P. Coffey
of Lenoir; H. L. Wilson of Morgan
ton; Dr. Fred E. Motley of Char
lotte ; Dr. Howard E. Rondthaler of
Winston-Salem and Otis A. Betts of
Goldsboro.
They will serve four-year terms.
CHICAGO BUTTER
CHICAGO. June 3.—(/Pi—Butter,
receipts 1,435,027; steady; cream
ery, 91 score 34 1-2; 89, 33 3-4; 88,
33 1-4; other prices unchanged.
Eggs, receipts 28,066 firm; fresh
graded, extra firsts, local 24 3-4,
cars 25, firsts, local 24 1-4, cars
24 3-4; current receipts 23 3-4, dir
ties 23, checks 22 1-4, storage
packed extras 25 1-2, firsts 25 1-4.
Successors to Hughes,
McReynolds WiU Not
Be Named Immediately
WASHINGTON, June 3.— I® —
With the supreme court in recess un
til nex‘. fall. President Roosevelt In
dicated today that successors to
Chief Justice Charles Evans Hughes
and Associate Justice James C. Mc
Reynolds would not be named im
mediately.
Hughes’ announcement last night
that he was retiring July 1 for “con
siderations of health and age” was
as much a surprise to him, Mr.
Roosevelt said, as to anyone else.
He made this comment at his press
conference after he ha.d been asked
whether he had delayed appointing a
successor to McReynolds, who re
tired Feb. 1, because he had expect
ed Hughes to retire.
j^QO |J05
QUART PINT
rj
For Conservative Investment
We Offer a Part Or All of
116 SHARES
CAROLINA INSURANCE CO.
OF WILMINGTON, N. C.
CAPITAL STOCK
@
$30.00 Per Share
The Carolina Insurance Company has paid dividends every
year since 1887. Stock is exempt from North Carolina
State Income and Intangible Taxes.
ALLEN C. EWING
& CO.
INVESTMENTS
100 Murchison Building
Phones 5221-5222 P. 0. Drawer 144
RAPID PACKAGE DELIVERY
Between
Wilmington and Jacksonville
North Carolina
Only Packages of 150 lbs or less accepted for
Transportation
FOR FURTHER INFORMATION .
Wilmington Jacksonville
Dial 3311 ■ % Dial 322®',