Newspapers / Wilmington Morning Star (Wilmington, … / Aug. 1, 1941, edition 1 / Page 13
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JulyMarket Trading Closes With Record Of Best Month Of 1941 RAILS, aircraft TOP CLOSING DAY Volume Goes Over 800,000 ' Mark Despite Late-Hour Slack in Trading By BERNARD S. O’HARA YORK, July 31.—Iff)—Stocks ted a bit weary today as the ‘' rfcet closed the books on July, Jest recovery month in more than * Bidding for rails, aircrafts and “laities put many favorites into new high ground for 1941 with jains of fractions to a point or so jn the forenoon. Prices wavered ; numerous cases after mid-day jnd the close was definitely ir. tegular. , Dealings attained a fair amount ; speed on the morning push, then slackened in the final hours; there „,ere 853,940 shares against 745,690 Wednesday. The Associated Press average of 60 stocks was unchanged at 44.1 but on the month was up 2.5 points, widest advance in this composite, except for June a year ago, since September, 1939. The month’s ac tivity also was the largest since last December. The day’s stalemate was exem plified by the fact that, of 810 is sues traded, 302 were down, 299 HP and 209 unchan^d. Growing tax fears and the desire to await congressional action on the President’s anti-inflation rec ommendations helped restrain buy ers, brokers said. Little specula tive inspiration was found in Far Eastern news and German-Russian war bulletins. The tax picture was further clouded by the Bethlehem Steel statement, published after the close, which revealed that, due to ejceptionaly heavy provisions for income and excess profits imposts, June quarter net was cut to $1.34 a common share compared with S3.07 in the like 1940 months and S295 in the initial 1941 quarter. Operations were better than ca pacity during the period. Direc tors. though, voted a common divi dend of SI.50, the same as paid previously this year. Bethlehem common stock ended up 3-8 of a point at 78. Rails were buoyed by a less than seasonal decline in last week’s freight loadings and growing opti mism over operating revenues. Cheerful earnings figures helped some aircrafts and individual is sues elsewhere. Air transport stocks slipped on word more planes would have to be relinquished for the British and Chinese. Mild comfort was derived from the sale of a stock exchange seat for S35.000. up $3,000. Colsolidated Aircraft and Lock heed were up better than a point each. Minor improvement was re tained by N. Y. Central, Southern Pacific, Southern Railway, North ern Pacific, Illinois Central, Para mount Pictures, American Cable. Union Carbide, Wheeling Steel, American Telephone and Du Pont. In the losing bracket were U. S. Steel, Republic Steel. Crucible, General Motors, Goodyear, U. S. Rubber. International Harvester, Santa Fe, Pepsi Cola, Celanese. Anaconda, Montgomery Ward, Eastern Airlinees and American Airlines. Cotton futures steadied at the start after Wednesday’s slump but again slipped at the last for re cessions of $1.35 to $1.75 a bale. At Chicago wheat was off 1-8 to 5-8 of a cennt a bushel, corn down 1-8 to 1-4 and hogs were weak to 10 cents lower. Rail bonds im proved. Cities services bounded up in the curb on announcement the company planned compliance with the Public Utility Act of 1935. Mod est gains were posted for Glen Alden Coal, Humble Oil and St. Regis Paper. On the offside were Creole Petroleum, American Cy anamid “B” and Lake Shore. Vol ume here was around 151,000 shares versus 128,000 yesterday. 1 STOCK AVERAGES (Compiled By The Associated Press) 30 15 15 60 v Indus Rails Util Stks jset change ___ d.l a.l a.l unch ™May.. 62.8 18.7 32.5 44.1 Previous day _ 62.9 18.6 32.4 44.1 Month ago_ 59.1 16.8 31.2 41.5 ag'J- 59.6 16.0 36.2 42.7 high_ 63.9 18.7 35.5 45.0 ,|'ow- 54.8 15.4 30.3 39.1 high. 74.2 20.5 40.6 52.2 _ 52.3 13.0 30.9 37.0 88-Stock Range Since 1927 it- , 1938-39 1932-37 1927-29 T . 54.7 75.3 157.7 ^. 33.7 16.9 61.8 WHAT STOCKS DID Thurs. Wed £fan<*S .. 299 242 Slnes.. 302 313 T"(^d- 209 240 ”tal issues_ S10 795 CHICAGO CASH ""(GRAIN CHICAGO, July 31.—UPI—Cash aeat No. 2 hard 1.03 1-2; No. 1 ,feci ' 03 1-4 to 1-2: No. 2. 1.02 1 to 103; No. 4.1.02. tn fix'1 samPle grade mixed 80 7°. N°- 1, yelow 74 1-4: No. 5. psamP‘e grade. 63 1-2 to 68. cats No. l, mixed 34 j.2 to 3-4: t ',.2, 34 1-2; No. 1, white 35 1-2 34, LNo- 2- 35 l'4 1° 1-2: No. 3. srJ 34.1-2: No- 4- 33 1-2; sample grade, SO 1-4. malting 53 to 64 nominal: nai. x, Icre®nings 43 to 49 nomi «' •™°- 2- malting 64; No. 3. 59. °>beans No. 2. yellow 1.48 1-2. ^HTr Pj?ICAG0 BUT1ER Kcein? ?°- -lu]y 31.—(*—Butter, ery o S 1’473’384: steady; cream chang*d*C°re 33 ’ other prices rjn ’&'*££& 20'™i «”• Closing Bond Quotations BY THE ASSOCIATED PRESS GOVERNMENT Treasury , 4HkAa4S-106.1 48 54-44 ____ ill 91 2%s 53-49 _ ’ s 2V 8 fc'l2 ReS- 106l8 2%s 60 55 -::::::::: lii.ii 2s4s 65.60 . nils Fed. Farm Mtg. 3s 49-44 - 106.28 Home Owners Loan 2Vts 44-42 - 102 3 Final bond sales, 37,990,700. DOMESTIC ADD BOND LIST _ Markets At anci Sf 4s 95_ 100% B and O Cvt 4^s 60_ 34 Can Pac 4s Perp _ 62% Chi E 111 5s- 51 _ 29% Cri and p Rfg 4S 34_1_ 137/a Clev Un Term 5%s 72_ 87% Clev Un Term 4%s 77c_ 67% Erie Rf 5s 67 _ 32% Hud and Man Rfg 5s 57_ 45% Int Gt tf Adj 6s 52_... 17% Int Mer Mar 6s 41_ 89 %■ Lou and N 4%s 2003 _ 98% M K and T Adj 5s 67__ 10% Mo Pac Gen 4s 75_ 2 N Y C Rf 5s 2013_... 62% Norf and W 4s 96_126% Nor Pac 6s 2047 _ 67% Penn R R Gen 4%s 65_105% Phil Read C and I Cv 6s 49_ 7 Purity Bak 5s 48_104% SAL Cn 6s 45 _ '8% So Pac Reg 4s 55_ 66% So Ry Cn 5s 94___ 907/a So Ry Gen 4S 56 _ 62% West Mci_4s 52_ 92% Closing Stock Quotations BY THE ASSOCIATED PRESS Adams Exp _ 7 3.4 Air Reduct__ 43 Alaska Jun___ 4 3.3 A1 Chem & Dye _164 3-4 Alleghany _ 1-2 Allis Chal Mfg _ 29 3-4 Am Can -S3 4.2 Am Car Fdy _ 32 7-8 Am Cornl Alco_ 7 1-2 Am Pow & Lt_ 1 1.4 Am Rad & St S__._... 6 3-4 Am Roll Mill _ 15 1-4 Am Smelt A Ref_44 Am Sug Ref _19 3-4 A T A T -154 Am Tob B _71 3-4 Anaconda _ 28 7-8 Arm 111 _ 5 A T A S Fe _30 ACL _ 27 Atl Ref _'_23 1-2 Atlas Pow___ 69 3-4 Aviat Corp _ 3 1-2 Baldwin _15 7-8 B A O _ 5 3-8 Barnsdall _ 9 3-4 Bendix Aviat _39 Beth Steel _ 78 Boeing Airpl _17 7-8 Borden _19 7-S Borg Warner_20 L4 Briggs Mfg _19 1-4 Budd Mfg _ 4 5-8 Budd Wheel _ 7 3-8 Burl Mills _19 1-2 Bur Add Mach _ 9 1-8 Calumet A Hec_ 6 7-8 Can Dry - 14 1-2 Can Pac _ 4 3-4 Case J I _80 Caterpil Trac_48 1-2 Ches A Ohio __ 38 1-8 Chrysler _ 57 3-4 Colum G A E - 3 1-8 Coml Credit _—-24 1-4 Coml Solv-10 1-4 Comwlth A Sou- 7-16 Consol Edison - 19 Con Oil - 6 3-8 Cont Can - 36 5-8 Corn Prod---52 1:4 Curtiss Wright - 9 1-4 Curtiss Wright A—-- 27 7-8 Del Lack A W- 6 1-2 Doug Aire -74 1-2 DuPont _158 3-4 Eastman Kodak -140 Elec Auto Lt - 28 3-4 Elec Pow A Lt - 1 7-8 Firestone —--18 1-4 Freeport Sul--41 Gen Elec -31 3-4 Gen Foods - 39 5-8 Gen Mot —-39 Gillette -1 3 3-8 Glidden - — 10 Goodrich _19 1-2 Goodyear - 20 Graham Paige - 3-4 Gt Nor Ry Pf -- 27 3-4 Hud Mot - 3 5-8 Hupp Mot - 3-8 111 Central -10 Int Harvest ---•— 55 1-2 Int Nick Can -27 Int Tel A Tel - 2 3-8 Johns Man -•- ®3 3-4 Kennecott -—- 38 3-8 Kinney - 3 1-4 Kroger Groc -28 Libby O F Gl'-28 1-2 Ligg A Myers B-88 1-4 Loews •--,- 33 7-8 Lorillard -— 13 1-3 Mack Truck -- 31 1-8 McCrory Stores —--15 1-2 Mo K T - 3-4 Mont Ward-34 Murray Corp - 6 Nash Kelv - 5 1-8 Nat Bisc -17 l'8 Nat Cash Reg -14 3-8 Nat Dairy Prod —-14 3-8 Nat Dist ---- 22 I'8 Nat Lead-■*-18 Nat Pow A Lt- 6 N Y Central -13 5-8 No Am Aviat -10 3-8 North Am -13 l"2 Nor Pac _ 7 3-4 Ohio Oil - 9 3-4 Otis Elev -1® l'8 Pac G A E - 25 Pac Mills -18 5-8 Packard - 2 7-8 Param Pix --12 7'8 Param Pf -1'*J Penney J C —--83 Penn Railroad —-24 1-2 Pepsi Cola- 27 3-4 Phillips Pet . 45 7'8 Pitt Scr and B - ® 3-8 Public Service N J-— 22 5-8 Pullman - 28 3-4 Pure Oil -10 Radio _—- 4 !-2 Rad K O - 3 1-4 Remington Rand - 10 Republic Steel -.- 20 3-8 Reynolds B -—- 32 5-8 Seab A L --- 1-4 Seab Oil -1® l*4 Sears -—-74 l-2 Shell Un-15 I-4 Socony Vac -10 1-8 Southern Pacific -——.— 14 1-8 Southern Railway -18 1-2 Sperry -37 1-2 Standard Brandt —- 5 3-4 Standard Oil Cal —--— 23 3-4 Std Oil lad .......———— 33 3-4, Std Oil N J - 44 3-4 Stewart Warner _ 7 5-g Studebaker _ 6 3-8 Swift _-_1_23 1-2 Tex Corp -2- 44 3-8 Tex Gulf Prod _ 33 3.4 Tex Gulf Sul _38 Timken Det Ax _ 32 5-8 Transamer _ 4 1.4 Trans & West Air_13 Union Carbide _78 3.4 Union Pacific _ 82 1-2 United Aircraft _41 1-4 United Corp _ 5-8 United, Drug _ 4 i-8 United Fruit _ 70 3-4 United Gas Imp_ 7 3-4 U S Ind Alco___ 30 5-8 U S Pipe . 30 3.8 U S Rubber _ 24 3-4 U S Steel -J_58 5.8 Vanadium _26 1-4 Vick Chem _44 Warner Pic _—_ 4 1-2 West Mary _ 4 3.8 Western Union _ 28 7-8 West Elec and Mfg_92 Wilson _ 6 1-4 Woolworth _30 Yell T and C _14 7-8 Youngs S and T _ 39 3-8 Total sales 853,940. CURB Asso G & El A _ 3-32 Can Marconi _ 5-8 Cities Service_ 5 7-8 El Bond & Share_ 2 3-8 Gulf Oil -38 1-4 CHICAGO GRAIN CHICAGO. July 31.—W—Wheat prices continued to drift lower to day, taking a definitely downward trend late in the session after fluc tuating above and below previous closing levels most of the time. Final figures were near the low point of the day, 1-8—5-8 lower than yesterday, September $1.06, De cember $1.08 1-8-1-4. Weakness of cotton, hedging sales and evening up cl trade positions prior to release of the August priv ate crop reports tomorrow account ed for most ol the selling, but trade generally was sluggish because of cautious operations pending price legislation developments. Some mill support, possibly associated with army flour buying, which may involve 100,000 barrels this week, helped to check declines at times. Corn finished 1-8-1-4 lower, Sep tember 74 7-8-75, December 77 1-2; oats 1-4-1-2 down; soybeans 1-4 5-8 higher; rye 3-8-1-2 up and lard 5 lower. Grain traders expressed much interest in reports of emergency measures being taken in parts of the wheat belt to provide tempor ary storage for grain which can not find space at terminals due to full or partial embargoes in effect in many places. While there was r.o evidence that the storage situa tion is stimulating sale of "free” grain to any material extent, the search for farm storage room con firmed trade belief that present prices cannot compete with the loan rate in cases where grain is eligible for the latter. Open High Low Close WHEAT— Sep. -106% 106% 105% 106 Dec.-108% 108% 108 108% May-110% 110% llOVs 110% CORN— Sep.- 75 75% 74% 75 Dec.- 77% 77% 77% 77% May- 80% 80% 80 S0%' . OATS— Sep. new_ 37% 38 37% 37% Dec.- 40 40 39% 39% May- 41% 41% 41% 41% SOYBEANS— Oct. old — 139 139% 138% 139% Oct. new __ 138% 139% 138% 139% Dec.-139% 139% 138% 139% May_141% 141% 140% 141% RYE— Sep. new_64% 64% 64% 65% Dec._ 67% 68% 67% 67% May_ 71% 72% 71% 71% LARD— Sep._10.12 10.15 10.10 10A2 Oct. _ 10.22 10.25 10.20 1032 Dec._ 10.45 10.45 10.42 10.45 BELLIES— Sep._ _ _12.95 Oct. _ _ _13.45 .. SAVANNAH TURPENTINE SAVANNAH. JUuly 31.—UP)—1Tur pentine 47 3-4 to 48; oferings 218: sales 10,900 gllons; receipts 195: shipmeents none; stock 15.413. Rosin offerings 1,498; sales 772; receipts 572- shipments none: stock 130,890. Quote: B, D, E, F, G, 2.34: H. I, 2.35; K, 2.37 M. 2.39 2 2.40 WG 2.57; WW,X, 2.85. 2 --— < $35,000 SEAT NEW YORK, July 31.—CP)—Sales of a membership in the New York Stock Exchange was reported today at $35,000, up $3,000 from three sales two days ago. CHARLOTTE COTTON CHARLOTTE, July 31.—W—iSpot cotton 15.95 RAILROADS AGAIN LEAD BOND MART Slight Changes Registered in Other Securities; Japs Stabilize NEW YORK, July 31.—UP)—Rail road issues had a fairly good day in the bond market but other main groups were only slightly changed on average. There were a few firm spots among utilities. Turnover expanded to $7,990,700, par value, from $6,703,950 on Wednesday largely as a result of decidedly better volume in some of the low priced rails. Several of these changed hands in excess of $100,000, par value. Most Japanese bonds that were traded displayed marked” stability compared with recent extreme weakness. The government 6 l-2s ended up a point at 58 and Orien tal development 6s recouped 2 3-8 points at 31 3-8. Ujigawa Electric power 7s skipped 4 to 61 but only four bonds were involved. Better performers in the domes tic list, some with gains up to 2 points, included Wabash first 5s at 66, Missouri-Kansas-Texas first 4s at 37, Delaware & Hudson refund ing 4s at 57, commercial MacKay income 4s at 51 5-8, American and Foreign Power 5s at 62, Alleghany stamped 5s at 59 and St. Paul 5s at 12 1-8. Gotham silk slipped 1 3-4 points to 76 3-4 on selling apparently in spired by ioars the domestic silk hosiery business would be greatly disturbed by developments in Ja pan. Other losers of smaller amounts included Columbia Gas and Electric 5s and Youngstown Sheet and Tube 3 l-4s. The trend in governments was a little lower on both the stock exchange and over the counter but trading was extremely quiet in both markets and there was some demand for a group of medium term treasuries at higher levels. 1 BOND AVERAGES (Compiled By The Associated Press) 20 10 10 10 Rails Indus Util For Net change — a.l d.l (1.1 a.l Tuesday_ 64.8 104.9 102.0 45.8 Previous day - 64.7 104.8 102.1 45.7 Month ago_ 64.2 104.9 101.5 47.4 Year ago_ 56.7 102.9 96.5 37.4 1941 high -_66.5 1015.3 102.1 48.2 1941 low_ 60.2 104.2 99.0 38.0 1940 high'_-_61,4 105.9 J00.7 53.5 1940 low____ 48.3 58.9 90.3 35.1 10 Low Yield Bonds Tuesday -114.4 Previous day --114.4 Month ago-114.1 Year ago_ 111.3 1941 high 1941 low-112.2 1940 high_114.6 1940 low' _108.4 NEW YORK SUGAR NEW YORK, July 31. — <#>> — World contract sugar rose 9 to 12 1-2 points today on buying attributed to threatened shipping difficulties. Sales were 43,350 tons. Sept, closed at 1.49 1-2, Dec. 1.54b, Mch. 1.60b, May 1.64b, July 1.66b. (b—Bid). The domestic contract was relative ly steady in the face of overnight announcement of a 379,000 ton in crease in 1941 marketing quotas. The close was 1 higher to 2 lower. Sales 30,550 tons. Bids for raws were reported at 3.65 cents with offerings at slightly higher levels. Refined moved in good volume at 5.05 cents prior to the rise to 5.20 cents effective at the close of business today. Domestic contract: High Low Close Sep. _ 2.70 2.64 2.66b Nov._ 2.71 2.71 2.69b Jan. _ 2.69 2.65 2.66b Mar._ 2.70 2.66 2.67b May_ 2.72 2.68 2.69b Julv _ 2.74 2.73 2.72b (b—Bid). NEW YORK COTTON NEW YORK, July 81.—(IP)—Com mission house liquidation and New Orleans selling today pushed cotton futures down for final losses of 27 to 35 points. In early trading the mar ket had worked up around $1 a bale on a further rebound from yester day’s precipitant decljne. •The nervous and erratic swings in dicated the trade’s perplexities over price fixing uncertainties, which also made it difficult for Worth street agents to write business. The day’s utrnpver in gray goods was light. Exports yesterday 6,610 bales; sea son os afr 1,067,383. Port receipts 13,351. Port stocks 3,202,460. Range follows: Open High Low Close Oct. _ 16.40 16.55 16,08 16.08 Dec._ 16.52 16.70 16.25 16.26 Jan._ 16.53 16.64 16.27 16.27 Mar._ 16.64 16.79 16.32 16.32 May_ 16.62 16.80 16.31 16.31 July_ 16.58 16.79 16.29 16.29 Spot nominal; middling 16.75. U. S. RUBBER NET NEW YORK, July 31.—(.£>>—Unit ed States Rubber Co. today report, ed for the six months ended June 50 net income of $6,203,314, equal, alter preferred dividends, to ,.$2.07 a common share, compared with net income of $4,234,239, or 95 cents a share, for the corresponding .period of 1940. ’CHUTERS ‘CAPTURE’ VIRGINIA AIRPORT—Members of the Second Parachute Bat tallion from the Marine Base at Quantico, Va., carry out a sham attack on a rural air port _ near Fredericksburg, Va. Forty-two chutists under command of Capt. Robert H. William leaped from 750 feet, landing in 50 seconds, and captured the airfield. The at tack was staged in connection with maneuvers being held by the 44th Division from Camp Dix, N. J. CHICAGO LIVESTOCK CHICAGO, July 31.—(JP)—Reduc tions In receipts brought stronger prices only to heavy butchers today as light and medium weight hogs sold at weak to 10 cents lower values, but failed to halt the down ward trend in cattle prices. Lamb values were steady to slightly higher. ' Heavy weight hogs were strong to 10 cents higher and sows steady to strong. The weakness on light and medium weights pushed the top dow’n to $11.50. Weak prices on these weights reflected a scaling down in dressed trade values of top pork loins, which receded 1-2 to 1 cents to 23 to 24 1-2 cents a pound. Weighty steers were steady to weak and in some instances 10 to 15 cents lower, thereby still selling at a discount to comparable grade yearlings and light steers. Common and medium offerings were off 25 cents. (US Dep Agr)—Salable hogs 8,000; total 12,000; hogs weighing 240 lbs. and down weak to mostly 10 lower than Wednesday’s average; heivier weights strong to 10 higher; full advance on heavies scaling 300 lbs. and up; sows steady to strong; good and choice 180-240 lbs 11.20-50; one loan 200 lb. weights 11.55; practical top 11.50; 240-270 lbs. 10.90-11.30; 270-300 lbs. 10.70-11.00; good 350-500 lb. sows 9.00-10.00; lighter weights 10.00-35; shippers took 500; hold overs 1,000. Salable cattle 3,000; calves 800; very draggy steady to weak trade with instances 10-15 lower on weighty steers and as much as 25 cents down on common and medium grass steers and comparable grade grass heifers; nothing strictly choice here; good to choice yearlings and light steers still bringing premium over comparable weighty bullocks; few packages light cattle 12.25 and 12.35; but best medium weight Colo rado fed steers 12.25 with several loads weighty offerings 11.40-75 arid fat but rough big weight Dakotas 10.50; grass ' steers 7.50-9.00; in stances 25 lower; cows weak to 15 off cutters mostly 6.50 down; few beef cows above 8.50; practical top weighty sausage bulls 8.75; vealers 11.50-12.50; very few 13.00 on weak market; stocker supply negligible. Salable sheep 2,000; total 3,500; spring' lambs and yearlings steady to slightly higher; bulk good and choice native springers 10.75-90; with throwouts mbstly 9.25 down; five loads 94 lb. closely sorted Ida hos 11.25; one double strictly choice around 105 lb. western yearlings with several months growth unhurt 9.50; best fat native ewes 4.75; bulk 4.50 and down. N. C. HOGS RALEIGH, July 31.—Ufl—(N. C D. A.)—Rocky Mount hogs steady, top 11.00; Richmond. Va., steady, top 11.25. 2 NEW YORK COTTONSEED NEW YORK, July 31.— UB Bleachable cottonseed oil futures closed 13 to 17 lower. Sales 59 contracts. Sep. 11.65b; Oct. 11.50b; Dec. 11.45; Jan. 11.44b; Mch. 147b. 2 SUFFOLK PEANUTS Peanut quotations; Jumbos, 5; bunch. 4 3-4; runners, 4. Market continues steady. 2 There is enough concrete in Grand Coulee Dam to give every person in the United States a piece weighing 36 1-2 pounds. 4 NEW YORK DRYGOODS New York, July 31.—UPI—un filled orders of men’s wear woolen piece goods were estimated today to be at the highest levels in his tory. Huge orders for civilian con sumption coupled with the unpre cedented quantities of materials needed to clothe the expanding defense forces have combined to bring backlogs to a peak whicn was believed to exceed even the World war years. Spring business, as a result of civilian demand, has been almost entirely booked. Publication of statistics by the wool associates of the New York cotton exchange indicated that stocks of wool, of which a large percentage have been imported from the Far East,would be ample to supply mill needs. Recent rallies in wool futures trading as a resuit of far eastern tension have been tempered by spot house seling. Foreign wools received at Boston, Nw York and Philadelphia from May 1 to July 19 totaled nearly 150,000,000 pounds of apparel. Worth street cotton gray goods business continued limited, as did rayon, because of restricted yard age of yarn, while silk hosiery manufacturers have withdrawn all lines pending clarification of the raw silk situation. 2 FOREIGN EXCHANGE NEW YORK, July 31.—(iP)—The Hong Kong dollar rose to a new 1941 high at 25.32 cents to the U. S. dollar today. Other foreign cur rencies were generally quiet and only slightly changed. Strength in the British-controlled Far Eastern unit was associated with political developments affecting the area. Closing rates follow (Great Bri tain 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, equival ent to discounts on Canadian dol lars in New York of buying 9.91 per cent, selling 9.09 per cent. Canadian dollar in New York open market 11 3-8 per cent dis count or 88.62 1-2 U. 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. Latin America: Argentine official 29.77; free 23.84; Brazil official 6.06n; free 5.10n; Mexico 20.70n. Far East: Hongkong 25.32. (Rates in spot cables unless oth erwise indicated.) N—nominal. NORFOLK COTTON NORFOLK, Va„ Jaly 31.—CA1— Middling today, 35 lower. Middling fair, 16.65; middling, 15.90; good ordinary, 13.50. Sales, none, re ceipts, none; shipments, none; stock, 24,388. 2 NEW ORLEANS, July 31.—OD— Cottonseed oil closed steady. Bleachable prime summer yellow and prime crude unquoted. Sep. 11.47b; Oct. 11.24b; Dec. 11.17b: Jan. 11.19b; Mch. 1125b . B-bid 2 NEW ORLEANS COTTON NEW ORLEANS, July 3.—(J»— Spot cotton closed steady, 29 po'.its lower. Bales 317. Low middling 14.46; middling 15.76 ;good' mid dling 12.21. Receipts 3,232. Stocks 414.438. 2 Ancient ox horns, blown as war trumpets, were forerunners of all the horns of modern bands and i orchestras. I RICHMOND LIVESTOCK RICHMOND, Va., July 31.—UP)— (USDA)—Livestock: Hogs—steady. Top 11.25. Good and choice 180-225 lbs. 11.05-11.25. 100-120 lbs. 9.25-9.75; 120-140 lbs. 9.75-10.25. 140-160 lbs. 0.25-10.70; 160-180 lbs. 10.70-11.05. 225-250 lbs. 10.55-11.05. 250-300 lbs. 10.25-10.75; over 300 lbs. 10.15-10.65. Sows under 350 lbs. 9.50-10.00; over 350 lbs. 9.00-9.50. Cattle—slow. Cows 6.50 on fat of ferings, down to 4.00 oif thin can ners. A few good weighty sausage bull3 7.50-8.00, common weights around 6.00-6.50. Vealers weak to 50 cents lower. Practical top 11.00. Spring lambs weak with 10.00 about the top on strictly good of ferings and others from 9.50 down ward. "POW-O-LIN RELIEVED MY MISERABLE SUFFERING/' DECLARES MRS. MAITLAND Well Known Raleigh Resident Makes Statement In Order That Other Sufferers May Know About This Medicine That Did So Much For Her. Thousands of Carolinians Praise It. Suffering frotn acid indigestion, dizzy headaches, nervousness and a tired, let-down, miserable feeling that she couldn’t seem to shake off, and being disappointed in every thing she tried, Mrs. H. C. Maitland, well know'n resident of 131 E. Mar tin St., Raleigh, N. C., states: '‘Everything I ate seemed to sour on my stomach, cause gas pains, bloating and dizzy headaches that often made me feel faint and wobbly. I would belch hot, sour acid liquid that would sometimes nearly strangle me and the pressure from gas was sb terrific I would have to gasp for breath. Toxic wastes clogged my in testines and I had to take strong purgatives for constipation until T felt I couldn’t swallow another vile dose of these upsetting medicines. I was so nervous, sound sleep was impossible and I would get up feel ing I couldn’t do my housework. ‘‘Pow-o-lin was recommended. The very first boctle brought me grand relief. I now eat anything I want MRS. H. C. MAITLAND i and do not fear the griping gas pains, acid indigestion and distress from dizzy, weak headaches. Pow o-lin has my everlasting thanks. It is the best medicine I ever saw.” Pow-o-lin is a liquid, purely herbal laxative preparation, for the relief of such distress aa plagued Mrs. Maitland when brought on by faulty bowl elimination. Pow-o-lin is sold and recommended by TOMS DRUG STORE 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 Diai 3226 t Army Orders WASHINGTON, July 31.—The War Department has released the following orders, dated July 28: COLONELS CanCee, R. C„ Air Corps, Washington, to command of 4th Air Support Com mand, Hamilton Field. Calif. Duncan. A. N.. Air Corps. Washington, to command of 3d Air, Support Com mand. Savannah. Ga. Walllngton. E. C , C. W. S., Washing ton, to Edgewood Arsenal, Md., Aug. 31. Brabson, F. W.. Inf.. Camp Wolters, Texas to Camp Barkeley. Texas. LIEUTENANT COLONELS Berry, K„ L., Inf., to command of Camp Bowie, Texas. Durfee, L. V., Inf.. Presidio of San Francisco. Calif., to Military Acad emy, West Point, N. Y. Baffin. K. E., Veterinary Corps, to Ft. Belvoir. Va. « MAJORS John, H. J., Meil. Corps. Camp Wheel er, Ga., to Lawson General Hospital, Ttlanta. Ga.. Aug. 15. Pritchard. J. C., and Remley, N. W.f Q. M. C., Omaha, Neb., to Ord. Plant, St. Paul, Minn. CAPTAINS Smith, E. V.. J. A. G. D., Washington, to Hqrs., Boston, Mass., Aug. 15. Fregosi, A., Q. M. C, Ft. LeonarcJ Wood, Mo. to Ord. Works. Louisiana, Mo. Wvsong, K. W„ Q. M. C., Columbus, Ohio, to Ord. Plant. LaPorte, Ind. Sheehan, D. J.. Med. Corps, El Paso, Texas, to office of Surgeon General Washington. Aug. 15. O'Connor, F. S.. Q. M. C.. New Cum berland. Pa., to Q. M. Depot, Balti more, Md. FIRST LIEUTENANT Green. W. J., Q. M. C„ St. Louis, Mo., to Ord. Plant, St. Paul, Minn. Tondro. L. W„ Ord. Dept.. Aberdeen Proving Ground. Md., to Hqrs., Pre sidio of San Francisco, Calif. Plank. D., Q. M. C„ Camp Roberts, Calif., to Hawaii. Aug. 19. Wilsen. J. P.. Q. M. C.. Atlnnta, Ga.. trt Port of Embarkation, Charleston, S. C. Demitz. S., Cav., Ft. Benning, Ga., de tailed Ore.'. Dept., Aberdeen Proving Ground, Md. Fuller. C. W.. C. A. C.. Panama, orders to Boston. Mass., revoked. Owen, R. R., Dental Corps, Lowry Field, Col., orders to Sheppard Field, Txas. revoked. SECOND LIEUTENANTS Hawkins .T. J.. Jr., Q. M. C., Balti more Md., to Ft. Eustis, Va. Petelik, F. J.. Jr. C A. C., Ft. Bliss, Texas, to Washington University, St, Louis. Mo., Aug. 28. Remsen, G. W., Q. M. C., Columbus, Ohio, to Danville General Hospital, Danville, Ky. Leonard, W. G., Ord. Dept.. Camp Ed wards. Mass., to Aberdeen Proving Ground, Md., Aug. 4 Paller H., Inf., Camp Polk, La., de tailed in Ord. Dept.. Aberdeen Prov ing Ground, Md. In colonial days, sausage links boiled in chocolate made a fash ionable dish. BRICK BRADFORD By William Ritt and Clarence Gray IT IS TO THIS LAND THAT THE BOILING V. STREAM BROUGHT IMPAK AND HIS PEOPLE -THAT IS HOW OUR RACE CAME TO THIS —( ISOLATED REGION / y SAY.' IT'S GOTTEN AWFULLY BREEZY e OF A SUDDENj IT'S ONE OF THE DREADED “BI6 WINDS' L RUN FOR YOUR LIVES/ WITH ASTONISHING SWIFTNESS A TORNADO-LIKE BLAST STRIKES A THE BORDER GUARDS CAVALCADE / , <CCri«4
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 1, 1941, edition 1
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