Newspapers / Wilmington Morning Star (Wilmington, … / Nov. 14, 1941, edition 1 / Page 11
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Market Breaks Away From Long Slide To Register Modest Comeback STEEL ISSUES lead rally in early dealing Prices Moderately Mixed At Close, Following Midday Slowdown BV BERNARD S. O'HARA v£\v YORK, Nov. 13.—{#1—The ctnrkMarket got its back against; today and stemmed the • assault that had knocked Cn many leaders to the lowest levels of T941. . Steels led an early rally in fair ,v fast dealings and, while numer ous issues refused to participate, of fractions to 2 points or gn were well distributed in the forenoon. The pace slowed and trends receded m most cases after „;ri daV Final quotations were no worse than moderately mixed. The Associated Press average go stocks was unchanged at 393 after having suffered its sharpest relapse since Oct. 16 in the previous session. Transfers to talled 830,880 shares compared with 1 017,630 the day before. The bidding that appeared. Bro kers said, apparently was based cn the idea the lengthy downswing called for at least a temporary "correction. ” . . Among the few constructive busi ness signs were the official fig ures indicating last week’s freight loadings were off from the previ ous week less than seasonally and 90,000 cars or more ahead of the coresponding week’s in 1940 and 1939. Stronger share performers in cluded American Can and U. S. Gypsum which were up 2 and 2 1-4 points, respectively. Holding less er gains were U. S. Steel, Beth lehem. General Motors, U. S. Rub ber. Montgomery Ward, Consoli dated Aircraft, Anaconda, West* inghouse. Union Carbide, Allied Chemical, General Foords, Texas co., Chesapeake Sc Ohio and Great Northern. New year’s lows were posted for N. Y. Central, American Tobacco "B,” American Telephone, Com monwealth Edison, Sears Roebuck, General Electric and. Caterpillar Tractor. Losses were recorded for Goodyear. Chrysler, Standard Oil (N. J.) ex-dividend, International Nickel, Ama-ican Smelting and In ternational Harvester. In the Curb, modest improve ment was shown for Bell Aircraft, Brewster Aero, Electric Bond Sc Share, Gulf oil and Humble oil. Volume here was around 195,000 shares vs. 238,000 yesterday. 1 STOCK AVERAGER V 30 15 la 60 Indus Rails Util Stks Net change . a.l d.l Uneh Unch Thursday _ 56.6 115.3 29.1 39,8 Previous day 56.5 15.4 29.1 39.3 Month ago .. 57-7 16.2 30.7 40.4 Year ago ... 65.7 17.8 36.1 46.1 1341 high_ 63.9 19.0 35.5 45-0 1341 low- 54.8 15.3 29.1 39.1 1343 high ... 74.2 20.5 40.6 52.2 1543 low_ 52.3 13.0 30.9 37.0 611-Stock Range Since 1927: 1938-39 1932-37 1927-29 High - 54.7 75:3 157.7 U'"- - 3 3 7 1 679 61.8 Final Stock Sales _ 830,880 WHAT STOCKS DID Thu. Wed. Advances _ 279 .82 Declines _ 324 641 Unchanged _ 213 175 Total issues _ 816 898 CHICAGO GRAIN CHICAGO, Nov. 13.—(Al—‘Wheat, rye and oats prices struck a re covery trail today after yesterday’s sharp retreat but com and soy beans, weakened by more favor able weather for long-delayed har vesting, continued to decline. Losses of as much as 4 cents ■n beans and a full cent in com thstrubed the entire market at lmes ®nd wheat declined as much as 3.4 cent whne oats and rye "ere fractionally lower at one stage. However, reports of im-, Proved flour business, attracted by e recent decline in wheat, and etter demand from professional ada s and good shipping business corn and oats resulted 'allles all pits. Some buying presented covering of previous short sales. ,Open High Low Close "HEAT— -. 113% 114% 113% 114% -118% 119% 118% 119% corv"" 11914 1 ■ 118’4 m% Den ..— 73% 75%- 74% 75% p,! - 81% 81% 80% 81% OATS-" 8314 83,4 82 * 83 . 49% 49% 49 49% - 51% 52% 51% 52% — 50% 51% 50% 50% 801BEANS— v' - 164 164% 161% 163% jiy -167% 167% 164% 167 ■pv'--. 168 168 165% 167% Dec u.„. 65% 64% 63% 64% - 70% 71% 70% 70% LARdU" 7314 73Vt 721/4 72% Dpo ,an . 9-62 9.75 9.60 9-75 Ua,- 9.77 9.90 9.75 9.90 jj, . .10-95 11.10 10.95 11.10 5 .11-20 11.30 11.20 11.30 NPW w YORK metals J-EW YORK, Nov. 13.—(JB-Cop. s eady; electrolytic spot, Conn. nom?y 2 00: exP°rt’ FAS NY 11.50 neai-h3 ' Tin steady: spot and stpa7- and forward 52.00. Lead I’a^i cl Spot’ New York 5.85-90; Eal cl' louis 5-70- Zinc steady; f 25 Lonis spot, and forward m'' Pi? iron, aluminum, anti y’ luicksijver, platinum, Chi lchp»i *Wolframite and domestic Yoeelite unchanged. « -— " 1 I Closing Bond Quotations BI THE ASSOCIATED PRESS UUVGK3IH1SMI Treasury 2%s 45 -:1-2._106.25 3s 48-46 -109.13 2%s 48.___ 108 22 2%s 54-51 --..._____110-22 2%s 54-52 -_ _ 106 14 2%f> 60-55 __I!.. 1I2.7 2%s 58-56 - 105.6 2%s 72-67 - 103.11 Federal Farm Mortgage 3s 49-44 ___ 106.12 DOMESTIC A T and S F 4s 95_108% B and O Cv 6J). St_ 32% Can Pac 4s Perp_ 66% C and O 4%s 92 __ 131% C B and Q 4s 77__ 67 Chi and E 111 Inc 97' __1_ 26% Chi Gt West 4s 88_ 63% Cri and P Rfg 4s 34 —*_ 11% Clev Un Term 5%s 72_ 83% Clev Un Terip 4%s 77c_ 63% Erie Rf 5s 67*_ 29% Fla East Cet 5 s 74_ 8% Closing Stock Quotations BY THE ASSOCIATE!! PRESS Adams Exxp_ 7 1.4 Air Reduction ——__36,1-2 A1 Chem and Dye___149 1-4 Alaska Jun _ 2 1-2 Alleghany __ 1:4 Allis Chal Mfg __ 25 Am Can ____„ 75 3-j Am Car Fdy___2? 3-4 Am Coml Alco _..._ 8 7-8 Am For Poty ....._..._ 1-2 Am Pow and Lt__ 5-8 Am Rad and St S __ 4 1-2 Am Roll Mill • ^■ - ._ 11 3.4 Am Smelt ant’ Ref_ 18 3-4 AT and T -_......L_.148 Am Tob R 54 Anaconda ___._1_... 26 Arm 111 -1-1 --..I3 7-8 AT and SF_;__ 26 A C ti ——£Cj.' 25 1-8 Atl Ref-T..",_...._26 7-8 Atlas Pow ..i. 68 1-4 Aviat Corp 3 1-2 Baldwin .....’.7....... 13; 1-2 B..Si a a:.......*.*. 3 1-2 Barnsdall $ .. 9-1-8 Bendix Aviat, i..,.......... 36 1-8 Beth Steel . —57 1-4 Boeing AirpI ........... y... 19 5-8 BOrden 7......l............. 20 3-8 Borg Warner .. 18 7-8 Briggs Mfg .. 17 3t4 Budd Mfg .................. 3 1-2 Budd Wheel ................ 6 . BUr Add Mach,.. 7 5-8 Cpn Dry -15 5-R Can Pac 41-4 CHICAGO LIVESTOCK r CHICAGO, Nov. 13—Of)—Hogs closed steady to weak in a slow market today after showing strength during early rounds. Top price remained at'|10.30. Big packers were active early, buying a' large proportion of the 12,000 salable arrivals. Shippers took 1,000 head. Receipts were in line with advanced estimates. ■ (U. S. Dept. Agr.)—Salable hogs 12,000, total 19,000; market opened steady to strong; closing slow, steady to weak; good and choice 180-300 lbs. 10.00-30; top 10.30 on weights upward to 300 lbs.; 160-180 lbs. 9.75-10.15; sows steady to weak; good and choice 300-400 lbs. 9.75- 10.10; 400-500 lbs. 9.40-80; ship pers took 1,000, holdovers 1,000. Salable cattle 4.500, calves 600; trade continued slow; fed steers and yearlings steady with Wednes day’s decline; yearling and light steers grading good and better in broadcast , demand; good and choice medium weight and weighty steers scaling up to 1400 lbs. and better being slowly cleaned up at 10.00- 1100; prime' yearlings 12.60; 1,393 lb. choice steers 11.10; good to choice 1415 lbs. 10.50 and 12Q5 lbs. 11.90; no reliable outlet on me dium steers on hit and miss basis ft 8.00-9.50; heifers steady if grain fed but plain and medium short fed very dull; Cows steady but 25-50 lower for - week; good fat cows stopping at 7.00;; cutters with weight at 6.00 and light canners 4.00- 50; bulls steady to weak; weighty sausage offerings to 9.15; vealers very scarce at 13.00; most ly 12.50 down. Salable sheep 4,000, total 7,000; fat native and western lambs un evenly 10-25 lower, three loads around 94'lb. westerns 11.10; some weightier short feds 10.75; few best natives 11.25 to city butchers; oth er good and choice kinds mostly 10.75- 11.00; few 11.15; deck 95 lb. yearlings 9.60; bulk good and choice ewes 5.25-75; lower grades largely 3.50-4.50. FOREIGN EXCHANGE NEW YORK, Nov. 13.—MP^-Clos ing Foreign Exchange rates follow (Great Britain in dollars, others in cents). Canada. Official Canadian con trol board rates for U. S. collars; buying 10 per cent premium, sell ing 11 per cent premium, equiva lent 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 1-2 per cent dis count or 88.50 U. S. cents. Europs: Great Britain, official, (Bankers foreign exchange com mittee rates), buying $4.02, selling $4.04 open market, cabl s $4.04. Latin America: Argentine offi cial 29.77; free 23.88 down .02 cent; Brazil official 8.06N \free 5.10N: Mexico 20.70N. Far East: Hongkong 25.32; Shanghai 5.50. (Rates in spot cables unless oth erwise indicated). N-nominal. SPOT COTTON NEW ORLEANS, Nov. 13.—WV Spot cotton closed steady 9 points higher. Sales 3,442, low middling 14,84, middling 16.44, good mid dling 16.94, receipts 4;575, stock 652,924 Hud Coal Es 74 __ g% Hud and Man Rfgr Ss E7_ 46% 111 Cent 4%s 66 _ 39% Int Mer Mar 6s 41_160% Lou and N 4%o 2003 _ 95% M K and T Adj 6s 67__ g Mo Pac Gen 4s 75 __ 2% N T C RI 5s 2013__ 52% Norf and W 4s 96 __;__ 129 N9r .Pac 6s 2047 __ 63% Penn R R Gen 4%s 65_105 Phil Rd C and I Cv 6s 49_ 6% Seab Al Cn 6s 45__ 7% So Pac Rfg 4s 65 _ 61% So Ry Cn 6s 94_____92 So Ry Gen 4s 56__ 59% Third Ave 4s 60_ 52% West Md 4s 62______ 90 ■ Foreign Australia 6s 66___ 74 Australia 4%s 66 ___ 64% Brazil 6%s 26-57 _ 19% Ger Govt 7s 49 _ 5% Italy 7s 1951 ___ 30 Rio Gr Do Sul 69 68___ 11% Case J I .... 77 1-8 Caterpil Trac 37 Cbes & O . 33 3-4 Chrysler--- 52 i-g Coca Cola _ 94 1-2 Colum G and E___ 1 3-8 Coml Credit '_2i_;_22 1-8 Coml Solv ...---,9 1-8 Comwlth and Sou __ 1-4 Consol Edison __1* Con Oil __ 6 Cont Can __30 1-2 Corn Product ___ 49 3-8 Curtiss’ Wright _ 8 1-4 Curtiss Wright A _25 1-4 Del Lack and W_ 4 Doug Aire-___68 1-2 Dow Chem _114 1-2 Eastman Kod___133 3-4 DuPont __146 1-4 Elec Auto Lt i—_-_26 Elec Pore and Lt_ 1 Firestone -_16 1-2 Gen Elec ■_ —-26 1-8 General Foods ___39 1-2 General Motors _ 36 3-4 Gillette ___:- 3 1-2 Gtidden ..._i._"__14 3-8 Goodrich __;_20 1-4 Goodyear '_ 16 3-4 Graham Paige- 3-4 Gt Nor Ry PI _ 23 3-8 Hudson Motors _ 3 1-2 Huppmobile _ 3-8 Illinois Central ___— 7 1-8 Ipt Harvest _____ 45 3-4 Int Tel and Tel_ 2 ' Johns Man _;_ 54 3-4 Kennecott _ 82 5-8 Kinney __ _ 2 8-8 Kroger Groc_27 Libby O F G1 _... 25 Ligg and Myers B__ 74 Loews —_----... 36 8-4 Lorillard - 15 1-8 Louis and Nash __ 69 3-8 Mack Truck _31 1-2 Mo K T___ 5-16 McCrory Stores __._15 Mont Ward__28 1-4 Murray Corp___... 5 1-2 Nash Kelv _ 3 8-4 Nat Biscuit _16 1-8 Nat Cash Reg_13 1-4 Nat Dairy Prod_15 Nat Di?t _... 22 7-8 Nat Lead _ ... 14 3-8 Nat Pow & Lt. 3 1-2 N Y Central ............... 9 3-8 No.Am Aviat .. 13 1-8 North Am... 11 Nor Pac . 55-8 Ohio Oil... 8 1-2 Otis Elev. 13 Pac G A E.22 5-8 Packard.. 2 1-4 param Pix..14 3-4 Penney J C_—------ 78.1-2 Peiih: -Oix _____j.' ■ 1 5-8 Penh Railroad .__22 1-2 Pepsi’ Cola _24 3-8 Phillips Pet ...____ 44 3-8 Pitt Sci- arid B ——_... 4 3-4 Public Service N J "—.J._t5 1-4 fhiliriian —..._„_—. 22 1-2 Radio l_..._ :_I 1-8 Rad K O _—. 2" 3-8 R'ey ■ Stl ......._—..... 17 1-4 Rem Rand _—-10 1-1 Reynolds B___. 26 Seab A L _ 1-8 Seab Gil-1— 14 Sears ........_...-65 Shell Un --— -15 Socony Vac_ 9 7-8 Sou Pac _11 1-4 Sou Ry-'--16 1-8 Sperry -- 32 1-2 Std Brands _ 5 Std Oil Cal_24 1-2 Std Oil Ind .32 1-4 Std Oil N J ...43 Stewart Warner .. 5 5-8 Studebaker ... 4 1-2 Swift . 23 1-2 Tex Gulf Prod . 2 5-8 Tex Gulf Sul . 33 7-8 Timken Det Ax.31 3-8 Transamer .. 4 1-4 Trans & West Air . 12 1-4 Un Carb .69 Un Pac . 66 Unit Aire . 38 3*8 Unit Corp ..;.. 1-4 Unit Drug .. 6 Unit Fruit .. 71 7-8 Unit Gas Imp ...;. 5 US Ind Alco .. 29 1-4 US Pipe ... 26 5-8 US Rubber . 23 7-8 US Smelt & Ref . 50 3-4 US Steel .'52 1-4 Vanadium _ 19 2-4 Va Caro Chem_.._... .1 1-4 Warner Pic __ 4 3-4 West Mary __ 2 5-8 Western Union_ 28 1-8 West Elec and Mfg_75 112 Wilson _ 5 7-8 Woolworth_.......___ 27 1-4 Yell T and C_12 8-4 Youngs S and T_ S3 7-8 CURB Asso <3 and El A ..._ 1-32 Can Marconi _-_ 1*2 Cities Service_-_ 3 1-2 Colon Dvmt_i_—___ 7-3 El Bond and Sh_____ 1 1*4 Gulf OH __15 5-8 DOMESTIC BONDS I FOLLOW NARROW RANGE OF PRICE Lively Interest Manifested In $20,000,000 West inghouse Debentures NEW YORK, Nov. 13.—M»—The main group of domestic bonds held to an extremely narrow price range today, leaving only a few specialties and miscellaneous is sues to fluctuate more than a point either way. Trading was slightly less ac tive, with turnover at $6,781,900, par value, compared with $7,450, 650 Wednesday. The Associated Press averages ware unchanged for the rails, utilities and indus trials and off .1 of a point each in .1 the low-yields and foreign group. A highlight in the day’s activity was the offering late in the ses sion of $20,000,000 Westinghouse Electric & Mfg. 2 1-8 per cent debentures at 101 1-2 by Kuhn Loeb & co. Underwriters, reported live ly interest and the issue went to a point premium over the offer ing price within a few minutes. . Listed corporates ending up a shade included International Tele phone 5s at 49 1-8, Continental oil 2 3-4s at 104 3-4, Armour 4s at 106 1-2, Southern Pacific 4 l-2s at 48 5-8 and Missouri Pacific 5s at 27. Atlantic,. Gulf & West Indies 5s advanced 1 3-4 to 104 1-4, a new high. Unchanged to Iowa" issues in cluded 1 International Hydro Elec tric 6s, Goodrich 4 1-4s, Delawawre Sc udson 4s, Illinois Central re funding 5s and Wabash first 5s. U-.'S. Governments were a bit backward on news the' weekly of fering of discount bills would be increased to $200,000,000 from the present level of half that amount. Some Japanese and German bonds were up small amounts, but the general run of foreign loans showed only minor variations.' 1 BOND AVERAGES i." ; . "-’ 20 10 ''10 10 Ralls .Indus Util For Net change. Unch Unch Unch d.l Thursday .... 62.0 105.1 102.0 47.1 Previous day— 62.0 1Q5.1 102.0 47.2 Month ago — 62.0 105.2.. 102.0 49.8 Year agp_ 60-6 105.2 100.6 38.9 1941 high_ 66.5 105.4 102.2 51.4 1941 loW .... 60.2 104.2 99.0 38-0 1940 high' — 61.4 105.9 100.7 53.5 1940 law_ 48-3 98.9 90.3 35.1 10-Low Yield Bonds Thursday __i__-:-114.9 Previous day -.-105.0 Month ago *_._114.6 Year ago _ 113.6 1941 high _- 115.1 1941 low _- 112.2 1940 high _ 114.6 1940 low _108.4 CASH GRAIN CHICAGO, Nov. 13.- <* —No wheat. Com old; no 1 yellow 73 1-4 to 74 1-4; no. 2, 74 1-4 to 74 1-4; no. 5, 69; new com no. 3 yellow 71 to 71 1-2; no. 4, 65 to 69 3-4; no. 5, 62 to 65. Oats no. 1 mixed 49 1-4; no. 1 white 49 1-2 to 34; no. 4, 45; sample grade white 44 14. Barley malting 70 to 87 nominal feed and screenings 42 to 57 nom inal; no. 1 barley 85; no. 1 malting barley 86. Soybeans no. 1 yellow 1.60; no. 2, 1.60 to 1.61 1-2. Field seed per hundredweight nominal: Timothy 6.25 to 6.75; Alsike 13.50 to 16.50; fancy red top 8.00 to 8. 75; red clover 15.00 to 17.00; sweet clover 6.90 to 7.00. CHICAGO POTATOES CHICAGO, Nov; 13.—W)—U. S. Dept. Agr.) — Potatoes, arrivals 125: On track 417 total US ship ments 545; supplies rather heavy; For Bliss Triumphs all sections and Idaho Russets demand mod erate, market firm on best qual ity; Idaho Russet Burbanks US no 1, 2.355; Nebraska Bliss Tri umphs US no. 1, 2.25 to 45; Colo rado Red McClures US no. 1, 2.20 to 30; Minnesota and North Dakota Bliss Triumphs US no. 1, 1.40 to 70; Cobblers US no. 1, 1.40 to 55; Wisconsin Katahdins US no. 1, 1.25 to 45. 3 CHICAGO BUTTER CHICAGO, Nov. 13.—(J)—Butter receipts 1,028,709; firm; market un changed. Eggs;, receipts 4,202; firm dir ties 28 1-2, checks 27 1-2 other prices unchanged. N. C. HOGS RALEIGH, Nov. 13.— — (NGDA)-hogs: 10 cents higher at Rocky Mount, top $9.85. Steady at Richmond, Va., top $10.15. SIDE GLANCES “Honest, I’m not holding anything back about that woman! She’s just getting letters lately—no postcards!” Army Orders To Reduce Auto Industry Jobless DETROIT, Nov. 13.—CP)—Sidney Hillman, co-director of the Office of Production Management, announced late today the War Department would place within the next few days orders for 94,000 motor vehicles (truck?, jeeps, ambulances) at a cost of $200,000,000 as a partial solu tion to the problem of unemploy ment caused by the changeover of the automobile industry from civil ian to defense production. In addition, Hillman said, the gov ernment plans to place orders for approximately 123,000 vehicles with in one or two months at a cost of more than $230,000,000, dependent upon favorable action by Congress. Hillman said he had been informed Army Big User Of N. C. Sweet Potato Harvest . RALEIGH, Nov. 13.— <-T) —The Army is using large shipments of fresh North Carolina sweet potatoes, Governor Broughton said today. He made public a letter, to Brig. Gen. James L. Frink, quartermaster of the Fourth Corps area, thanking him for using the state’s crop, rather than canned potatoes. Figures on the amount consumed were not available. NEW YORK COTTON NEW YORK, Nov. 13.—(-W—The cotton futures market today over came some early losses to close with most positions 15 to 30 cents a bale net higher. October ended 40 cents a bale down. The late rally started with a drop in hedge offerings and liquidation. Textile trading in Worth st. was on a limited scale with mills reluc tant to offer cloth in view of the recent decline in raw cotton prices and the resultant tripping of the celling back to the 43 cents per pound range. Brokers reported a good demand for fabrics Port receipts Wednesday 16,713 bales; port stocks 3,430,373. Range follows: Open High Low Close Dec — 16.10 16.17 16.06 16.16 Up 04 Jan „ 16.10 16.10 16:08 16.18nUp 03 Mch — 16.26 16.34 16.22 16.33 Up 04 May — 16.32 16-40 16.28 16.40 Up 06 Jly ... 16.32 16.38 16.25 16.36 Up 03 Oct — 16.35 16.36 16 10 16.29nOff 08 n—Nominal Spot nominal; middling 17.24. NAVAL STORES SAVANNAH, Nov. 13.—(#—Tur pentine 72 1-2; offerings 122; sales 7,200 gallons; receipts 177; ship ments 92; stock 8,390. Rosin offer ings and sales 341; receipts 372 shipments 1,000; stock 74,027. Quote: B D 2.54; E F 2.58; G H I K 2.55: M 2.63; N 2.72; WG 2.86; WW X 2.94. COTTONSEED OIL NEW ORLEANS, Nov. 13.—(A>)— Cottonseed oil closed steady; bleachable prime summer yellow 12.60n, prime crude 11.00. Dec. 12, 10B, Jan. 12.11B, Mch. 12.15B, May 2.8B. B—bid. r -----—-: of the latter plans by Robert P. Paterson, undersecretary of war. Gov. Murray ' D. Van Wagoner, who has been working for some time to alleviate unemployment in the automobile industry, declared, “swell, that’s swell. Damn it, that’s what I call real cooperation’’ when informed of Hillman’s announce ment. • ' 14 Wilmington Youths To Leapt Nov. 21 For Induction Into Army Names of the 14 New Hanover negro selectees, who will leave for the induction center at Fort Bragg on November 21, were announced by Local Board No. 2 Thursday. They are: Herbert . Walker, Route No. 1, Castle Hayne; Ernest J. Barfield, Route No. 3; Wilbert Henry Nixon, Route No. 1, Castle Hayne; Na thaniel Reaves, 204 Corbett St.; Joseph Smith, East Wilmington; Johnnie James Allen, Route No. 1, Castle Hayne; James Daniel Fai son, Routi No. 2; Jerry Corbett, Route No. 1; Sidney Bennerman, Jr., Route No. 3; Thomas Jeffer son Gore,. Route No. 3; George Leon Freeman, Route No. 2; James Howard Wade, Route No. 2, and R. Lee Miller, Route No. 1. ' RICHMOND LIVESTOCK RICHMOND, Va„ Nov. 13.—UP) —(U. S. Dept. Agr.)—Livestock, hogs steady. Top 10.15. Good and choice 180 to 225 lbs. 9.95 to 10.15 100 to 120 lbs. 8.50 to 9.25; *120 to 140 lbs. 8.65 to 9.15; 140 to 160 lbs. 9.5 to 9.65. 160 to 180 lbs. 9.65 to 19.95. 225 to 250 lbs. 9.55 to 10.05; 250 to 300 lbs. 9.20 to 9.70; over 300 lbs. 8.95 to 9.45. Sows under 350 lbs. 8.15 to 8.65;. over 350 lbs. 7.15 to 7.65. Cattle: steady medium to good fat cows mostly 6.50 to 6.75, odd head strictly good higher; com mon to medium kinds 5.50 to 6.00, cutters 5.00 to 5.50, canners most ly 4.50 to 5.00, medium to good heavy sausage bulls 7.50 to 8.00, few strictly good 8.25 and slightly above, common to medium most ly 6.50 to 7.50, vealers steady with most medium to good offerings selling 12.50 to 13.00, choice up ward to 13.50. 1 NEW ORLEANS COTTON NEW ORLEANS, Nov. 13.— <-T> — Trade buying erased early declines in cotton futures here today and the market closed steady 2 to 6 points net higher. Open High Low Close Dec — 16.14 16.20 16;10 16.20 Up 06 Jan 16-15 16.1? 16.15 16.24b_ Mch __ 16.30 16.39 16.26 16.39 Up 05 May — 16.37 16.46 16.31 16-46 Up 03 Jly __ 16.36 16.43 16.27 16.43 Up 02 Oct_ 16-54 16.54 16.42 16.50b_ b—Bid SPOPT COTTON CHARLOTTE, Nov. 13.— (®—Spot cotton 16.30. Prices Slightly Higher On Middle Belt Tobacco RALEIGH, Nov. 13— t3P» —The price trend on the Middle flue-cured Tobacco Belt today was slightly higher, the U. S. and State Depart ments of Agriculture reported to night. Six of the 10 markets reported gross sales as 590,876 pounds at an average of $26.61 a hundred. Averages were: Orange leaf—Good 41, fair 88, low 34. Orange leaf—Good 38, fair 33, low 28, common 19- — Orange smoking leaf — Good 42, fair 38, low 34. common 22.50. Nondescript—Best thin 11.25, best heavy 9.25, poorest heavy 6, best crude 7-75, commonest crude 5.50. STOCKS IN THE SPOTLIGHT NEW YORK, Nov. 13.—(.BO—Sales, closing price and net change of the 15 most active stocks today: N Y Central 23,300—9%; down Vs. Consol Edison 16,700—14; no. Gen Elec 14,400—26% ; down %. Col Gas and Elec 13,700—1%; no. United Gas Imp 13,400—5; up %. Gen Motors 13,400—36%; up %. Socony Vac 11,400—9%; up %. Int Tel and Tel 11,200—2; down %. Am Rad and Std San 9,700—4%; down %. Stand Brands 8,900—5; no. Comwlth Edison 8,700—20%; down Vs. U S Steel 8,400—52%; up 1. Consol Oil 8.400—6; no. Marine Midland 8,100—3%'; down %. Aviation Corp 8.000—3Vi; no. DRY GOODS NEW. YORK, Nov. 13.—4/H—<Grey goods activity was back in the doldrums today. The recent de cline in Cotton prices and the at tendant tripping of the ceiling back to a 43-cent a pound range had made mills unwilling to of fer. Interest in woolen and worsted piece goods remained quiet. The rayon market also was quiet. 3 WYOMING SOLON DEMANDS FULL PRIORITY DATA Sen. O’Mahoney’s Resolu tion Calls For Report From OPM WASHINGTON, Nov. 13. — «l - Senator O’Mahoney (D-Wyo.> offer ed a resolution today calling on the office of Production Management for detailed information on the op eration of its priorities and alloca tions system by which materials are channeled into defense indus tries. , O’Mahoney told the senate that while the economic system of the country was being “completely revolutionized” by the effect of priorities on thousands of busi nesses, all the senators knew about what was going on they were able to learn from newspaper headlines and stories. “We are having government to day by press conferences and press general policies adopted regarding priorities, methods of allocating materials and the program being followed by the OPM to protect business from the consequent with drawal of supplies. Senator McNary of Oregon, tlie minority leader, urged O’Mahoney to seek immediate consideration of the resolution, but Senator Connal ly (D-Te.) said he hoped the mat ter might be delayed until Monday and O’Mahoney agreed. SPOT COTTON NORFOLK, VA., Nov. 13.—CP)— Spot cotton today unchanged; mid dling fair, 17.30; middling, 16.75; good, ordinary, 14.00; sales, 77 re ceipts, 190 shipments, 248; stock, 31,388. 3 • ADVERTISEMENT BIS His Distress So Harassing Work Was A Burden He Could Hardly Bear. “Pdw-o-lin Gave Me Blessed Relief ” States Happy Fayetteville Resident.. Among the. thousands of public endorsements given Pow-o-lip are grateful, heartfelt statements from ministers, public' officials, nurses, housewives and men and Women from every walk of life. Among the scores of Fayetteville residents to come forward with praise for Pow o-lin, is Mr. A. B. Baker, well known employee of Puritan Weaving Mills, residing at 1003 Lumberton St„ who declares I don’t know What got the matter with me. Everything I tried to do tired me and I felt so sluggish, achy and worthless my work was, a bur den. Food didn't taste good, didn’t agree with me and everything I ate seemed to give me heartburn, indi gestion and swell me with gas until I could hardly draw a deep breath. I don’t believe anyone ever had worse dizzy headaches, my nerves were on edge until I could hardly contain myself. Sound sleep was next to impossible and I would get up <n the morning with hardly energy enough to dress myself. Stubborn constipation forced me to take strong, sickening laxatives and toxic wastes clogged my bowels, making me feel achy, stiff, worthless. I was afraid I would have to give up my work and I wondered what would be come of me and my family. “Thanks to Pow-o-lln, this grand medicine brought blessed relief. 1 RAPID PACKAGE DELIVERY Between Wilmington and Jacksonville North Carolina Only Package!! of 150 lbs or less accepted for Transportation FOR FURTHER INFORMATION Wilmington Jacksonville Dial 3311 Dial 3226 MR. A. B. BAKER am eating what T want now and am relieved of the stuffy, gassy feeling. Constipation is relieved and the achy sluggishness that plagued me. [ work all day without fatigue and feel better than I have since a boy in school. My wife has taken Pow o-lin with equally gratifying bene fits. We think it is the best medicine we ever had in our home.” Pow-o-lin is a purely herbal lax ative preparation for the relief of distress as harassed Mr. Baker when due to constipation. Thousands praise it. Pow-o-lin may be obtained at TOMS DRUG STORE DR. BOBBS Elliott and McArdle WITH THE DAWN OF A NEW DAY COMES NEW HOPE! IN THE FEVER-TORN BOCVOFDRBoeeatHERE MAYBETHEKEYTOTHE MYSTERY OF THE PLAGUE! ANDAGLORIOUS NEW CHAPTER IN THE HISTORY OF MEDICINE.1 TOCAY WILL BRING WITH IX ErTHER AGREAT V1CTORY OR SADNESS AND DEFEAT! 11-14_
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 14, 1941, edition 1
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