Newspapers / Wilmington Morning Star (Wilmington, … / May 17, 1942, edition 1 / Page 16
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Leading Stocks Continue Forward Tilt In Market Manage To Wipe Out Av erage Losses Suffered In Early Part Of Week By BERNARD S. O’HARA NEW YORK, May 16.—Ml—Lead ing stocks continued their forward tilt in today’s market and man aged to wipe out average losses suffered in the early part of the week. While lack of buying power clouded the advance, favored in dustrials added fractions to more than a point in today’s recovery. Dealings, slow at the start, maintained the sluggish pace throughout the two hours and transfers of 122,130 shares were the smallest since Aug. 16 last. They compared with 207,900 a week ago. The week’s volume was the smallest in about a year. The Associated Press composite of 60 stocks retained a net gain of .2 of a point at 34, the figure at which this barometer finished on the previous Saturday. As in yesterday’s comeback ses sion, bullish sentiment was aided to some extent by reports of fur ther Russian successes against the Nazis. British Prime Minister Churchill’s optimistic war speech also buoyed financial spirits. previously weaK air une siocks, depressed by the taking over of aerial passenger carrying systems by the government, recovered their balance. American airlines, softest spot of the day before, end ed up 1-4 and Eastern Air Lines retrieved 1-8. Postal Telegraph preferred and Electric Auto-Lite edged into new high ground for the year. Better performers included U. S. Steel, American Telephone, Chrysler, General Motors, Montgomery Ward, J. I. Case, Deere, Kenne cott, Westinghouse, du Pont, Un ion Carbide, U. S. Gypsum and Standard Oil (N.J.) Among scattered laggards were Bethlehem, Continental Can, Com monwealth & Southern and Great Northern. In the curb minor improvement was shown for Glen Alden Coal, Hecla Mining, American Gas, Con solidated Gas of Baltimore and Cessna Aircraft. Turnover here ag gregated 24,125 shares versus 28, 475 in the preceding short session. STOCK AVERAGES 30 15 15 60 Indust Rails Util Stks Net change, a.3 a.l a.l a.2 Saturday ... 48.9 15.2 23.3 34.0 Prev. day i 48.6 15.1 23.2 33.3 Month ago .. 47.7 14.9 22.2 33.1 Year ago_ 55.8 16.9 30.5 39.6 1942 high 56.0 17.6 27.3 38.7 1942 low ... 46.0 14.7 21.1 32.0 1941 high ... 63.9 19.0 35.5 45.0 1941 low_ 51.7 13.4 24.5 35.4 60-Stock Range Since 1927: 1930-40 1932-37 1927-29 High . 54.7 75.3 157.7 Low _ 33.7 16.9 61.6 WHAT STOCKS DID: Sat. Fri. Advances _ 188 234 Declines _ 87 164 Unchanged _ 134 160 Total issues _ 409 558 -V CHICAGO LIVESTOCK CHICAGO, May 16.—UP)—(U. S. Dept. Agr.)—Salable cattle 100; calves none; compared Friday last week; active and dependable steer and yearling trade all week; mar ket generally 25 higher, common and medium grades 25 to 40 up; market closed firm at the ad vance; top 16.60 for choice to prime 1384 lbs; numerous loads choice medium weight and weigh ty steers 15.00 to 16.00; bulk me dium and good grades 11.75 to 14.00; heifers recovered week’s earlier decline to close steady; strictly choice 1066 lbs. 14.65; bulk medium and good 11.50 to 13.50; all grades cows very active, and fully 25 higher; weighty cutters to 9.00. most canners 7.0 Oto 8.00; beef cows 9.50 to 10.50, few good to 11.00; bulls "strong to 15 up, heavies mostly 10.25 to 10.65; veal ers 50 higher, choice 15.00 to 15.50 late; several hundred head good •nd choice Texas stock calves and yearlings sold strong on country account at 13.00 to 15.50, choice 350 lb. steer calves 16.00. Salable hogs 300; total 5,300; on ly a few small lots on sale; mar ket little changed; some medium weight butchers 14.20 down; quot able top 14.25; shippers toon none; holdover none; compared week ago; barrows and gilts 10 to 20 higher; sows mostly 10 up. 2 -V N. C. HOGS RALEIGH, May 16.—(NCDA) Hogs; steady at Rocky Mount, top $13.10. 4 HOLD EVERYTHING! ▼,w..wa u. •. mt. oft. > “Your scouting detail doesn’t in clude burlesque shows, Private Glook!” > Unlisted Stocks The National Association of Se curities Dealers, Inc., District No. 11, published the following retail prices based on quotations furnish ed to it by certain dealers as at 5 p. m., May 14. The association assumes no responsibility for these prices, as they are only indicative of the general current market.” Description Bid Asked Acme Spinning-167 — American Trust Co. (Charlotte, N. C.)— 335 342 American Yarn and Process _ 98 101 Atlantic Coast Line of Conn. _ 23 25 Bassett Furn. Indus tries _ 13% 15% Bibb Mfg. Co. - 90 95 Brandon Corp. “A” -- 58 61 Carolina Insurance Co. 23 25 Carolina Power and Light $6 Pfd. _ 91 95 Carolina Power and Light $7 Pfd. _101 104% Carolina Tel. and Tel. 125 135 Chadwick-Hoskins Co.. 9% 10% Chadwick-Hoskins Co. 8% Pfd. . 100 103 Chatham Mfg. Co. 6% Pfd._ 107% 111 China Grove Cotton Mills..1U4 Crescent Spinning_ 84 87 Colonial Stores, Inc. 5% Pfd. _ 39% 42% Colonial Stores, Inc. 9% 11 Dixie-Home Stores, Inc. _ 7% 9 Dunean Mills - 37 41 Durham Hosiery Mills Cl. “A” Pfd._ 38 42 Eagle Yarn Mills- 86 Efird Mfg. Co._ 84 88 Erwin Cotton Mills 18 20% Flint Mfg. Co. _ 17 19 Georgia Home Ins.- 21 24 Gossett Mills _ 51 54 Guilford Nat. Bank — 40 43 Hanes, P. H. Knitting 12% 14 Hanes. P. H. Knitting 7% Pfd. _ 114 11»% Home Tel. and Tel. -- 5% 6-,i Jefferson Standard Life Ins. _ 18 21 Majestic Mfg. Co. --- 135 145 May McEwen Kaiser.. 10% 11% Monarch Mills - 85 90 Mooresville Cot. Mills 26 29 North Carolina Railroad _ 160 170 National Yarn Mills .. 75 30 Occidental Life Ins. 1% 1% Orr Cotton Mills - 44 48 Perfection Spinning _. 84 90 Piedmont and North ern Rwy. - 41% 45 Piedmont Mfg. Co. — 28 31 Pilot Full Fashion Mills _— 4 5 Pilot Full Fashion Mills 6%% Pfd.- 19 20 Riverside and Dan River Mills - 6% 8 Riverside and Dan River Mills 6%% Pfd. 88 92 Rose's 5-10-25c Stores . 23 26 Security Nat. Bank — 15% 17 Smyre, A. M. Mfg. — 16 18 Sonoco Products- 20 25 Southern Webbing Mills _ 5% 7% South Carolina Power $6 Pfd. _ 77 80 Sterling Spinning- 82 86 Stowe Spinning - 83 87 Taylor-Colquitt _ 25 27 Textiles, Inc. - 3% 4 Textiles, Inc. 4% Pfd. 13% 15 Tidewater Power $6 Pfd__V - 22% 27% Tubize-Chatillon Corp. 7% Pfd. _ 95 100 Union-Buffalo Mills 7% 1st Pfd. _ 98 101 Union-Buffalo Mills 5% 2nd Pfd. _ 25 28 Victor-Monaghan Co. _ 52 55 Virginia Public Serv ice 6% Pfd._-— 48 53 Virginia Public Service 7% Pfd.__ 54 59 Wachovia Bank and Trust Co. .. 43 45% Washington Mills-132 138 West Point Mfg. - 33 35 Wiscassett Mills -125 131 FLASHES OF LIFE (By The Associated Press) CREATIVE YOUTH WILMINGTON, Del.—Grownups suffering from “rationitis” might take a tip from 10-year-old James Donald Rosemary. Jimmy mounted an old auto mobile starter, a battery, and two lawn mower wheels on his wagon —using lots of wire—and it runs. He gets up to eight hours’ mot orized transportation without re charging. CLUE OBERLIN, O.—Several Ohio conference football mentors who have seen their teams play in ice and snow without a qualm, failed to compete yes terday in a coaches’ golf tour ney because of the weather. Censorship bans details, but: The winner was Swimming Coach Harry Kyr of the Case School of Applied Science. REUNION -n. vain ov ill is, Ind. — Harold Baggerly, calling on Mrs. Louis S. Taul to read the light meter, was warned that a dog in the basement didn’t “care for strang ers.” Nevertheless, he walked boldly downstairs. Mrs. Taul found the family police dog wagging its tail and licking his face. ‘It’s my dog—my lost dog,” said the meter reader. “I knew it was Ranger as soon as I heard him bark.” Baggerly explained he’d lost Ranger five years ago. A neigh bor of Mrs. Taul had found the dog injured by an automobile and had given it to her. Mrs. Taul let Baggerly take it home. CANINE TEAM WORK i CHINOOK, Mont.—A strangely j paired team is dipping into Chin | ook’s milk supply. | A lanky mongrel and a low ! slung cocker spaniel raid the ■ porches, the big dog upsetting the i bottles, the little one nipping out •! the caps—and both lapping up l the milk. BOND MART GAINS AND LOSSES EVEN General Improvement Marks Foreign List While Gov ernments Are Steady NEW YORK, May 16.—IB- Ad vances and declines were about evenly distributed in the corporate sector of the bond market today and the changes generally were limited to fractions. General im provement marked the foreign list while U. S. governments remained steady in quiet dealings. Among loans attracting higher bids were Rock Island Refunding 4s, which closed at 14 3-8, Atlantic Coast Line 4 l-2s at 63 1-4, Lehigh Valley 4s at 34, Nickel Plate 4 l-2s at 66 1-4, and International Telephone 5s at 55 7-8. Columbia Gas & Electric 5s of ’61 had a final loss of a point at 79 1-2. Moderately down were Bethlehem Steel 3 l-2s at 104 1-2, American Telephone 3s at 107, Pennsylvania General 4 l-2s at 102 3-8 and Northern Pacific 6s at 66 1-8. Australia 5s moved up 1 1-4 on small transfers and the 4 l-2s rose 3-8. Obligations of Brazil, Peru and Panama registered small gains. Transactions totaled $2,720,900 face value against $3,887,000 the previous Saturday. 4 BOND AVERAGES 20 10 10 10 Hails Indus Util For Net change. Unch Unch Unch a.2 Saturday „ 64.2 103.6 93.9 47.9 Prev. day _ 64.2 103.6 93.9 47.77 Month ago - 64.5 103.3 94.5 46.4 Year ago .. 65.2 104.5 101.0 44.3 1942 high .- 65.6 103.6 100.6 48.2 1942 low 60.8 102.6 93.6 41.5 1941 high — 66.5 105.4 102.2 51.4 1941 low — 58.3 102.9 98.9 38.0 10-Low Yield Bonds Saturday -- 112.0 Previous day _ 112.0 Month ago _ 112.5 Year ago __ 112.8 1942 high _ 113.1 1942 low _ 111.7 1941 high _ 115.1 1941 low_ 112.1 -V CASH GRAIN CHICAGO, May 16.—(.4"— Cash wheat No. 2 hard 1.20; No. 2 mix- \ ed 1.20. Corn No. 1 yellow 85 to 86 1-4; No .2, 86 to 86 1-4; No. 3, 85 to 85 3-4; No. 4. 84 1-2; sample 76: No. 4 white 91. Oats No. 2 mixed 55: No. 2 white 55 1-2 to 56 1-4; No. 3. 54 1-4 to 3-4; No. 3. 54 1-4; sample 52 1-2; No. 1 special red 55 34; No. 1 bright 57 14: No. 1 mixed heavy 55 3-4; No. 1 white heavy 57 1-4; No. 1 special red heavy 56. Barley malting 83 to 1.03 nom; feed and screenings 56 to 65 nom. Soybeans No. 3 yellow 1.75 3-4 to 1.76 1-4. 4 N. C. EGGS-POUfcTRY RALEIGH, May 16.— (0) — (NCDA)—Egg and poultry mar kets steady. Raleigh—U. S. extras large (clean white) eggs 28 to 29: col ored hens, 17 to 18. Washington—U. S. extras large (graded white) eggs 32 to 35; col ored fowls, 21 to 22. 4. CHICAGO BUTTER CHICAGO, May 16.—UP) —Butter prices were steady and unchanged today. 4 FALLEN ROCK TRAPS BOY IN CAVE Sixteen-year-old James Harper (right) smokes a cigarette and talks with rescue workers trying to free him from a boulder that fell suddenly and pinned his legs in a cave he and two companions were exploring near Portland, Ore. Above him are tons of unstable, fallen rock caught in an arch. Later, he was rescued—alive but critically injured—13 hours after he was trapped. Dividend Meets Among the important companies vhieh will hold dividend meetings ;his week are American Colortype Ho. of N. J., American Telephone Sc Telegraph Co., Continental Steel Horp., Mesta Machine Co., Mont gomery Ward & Co.. U. S. Tobacco Ho., and West Virginia Pulp & Pa Der Co. A list of the meetings of ;ompanies definitely scheduled -nade available to the Star-News Dy Fitch Investors Service, through Mien C. Ewing and company, fol ows: Monday, May 18 Cutler-Hammer. Inc.. (Com.) 2:30 P. M.) du Pont (E. I.) de Nemours & Ho. (4.50 Pfd. & Com.) (11:15 A. M.) Public Service Electric & Gas Ho. (7% & $5 Pfd.) (2 P. M.) Sutherland Paper Co. (Com.) (2 P. M.) Tuesday, May 19 American Colortype Co. of N. J. iCom.) (10 A. M.) Bullard Co. (Com.) (2:30 P. M.) Chesapeake & Ohio Ry Co. (4% Pfd. '•A” & Com.) (2 P. M.) Continental Step) Corp. Ci< '( Pfd. k Com.) (10 A. M.) Kennecott Copper Corp (Com.) (11:45 A. M.) Keystone Steel & Wire Co.. ICIVILIAN DEFENSE UNIT1 HORIZONTAL 1 Depicted is insignia of U. S. Civilian Defense Auxiliary —— 1 They help pre vent looting of bombed —— and homes. 13 State by particulars. 15 Warlike. 16 At the top. 17 Universal language. 18 Note in Guido’s scale. 19 Girl’s name. 20 Type of nut. 21 Bird. 2T Tree. 24 Area measure. 25 Either. 26 Jewish month 28 Electrical term 29 Rescue. 30 Wintry ice particles. 31 Symbol for aluminum. 32 Employ. 33 Inert. 34 Harbors. 36 Louisiana (abbr.h Answer to Previous Puzzle y_jL [EIOI CROWLEY? Jb^ORnI OAR lA REA? POSEIjRYiSPAlD ARElWOlE jPOSSEl RElSINl EIP EDIT S'iE IFf) 5!aT ZI k Y _ E N A N ALLlPRECROWltY STA BE I?F IRM , KlL L/^GiNEYIBAGlRt ERRANDIwANHP E E [NAPE jT I NTBIRlAlNr BlaPjpJiJgKi \ 37 Musical syllable. 38 Manuscript (abbr.). 39 Pint (abbrA. 41 Mimic. 43 Cries shriUy. 48 Article. 49 Himself (Latin). 51 Id est (abbr.) 52 Toward. 53 God of war. 54 Answers in kind. 56 Plain. 58 Stylish. 59 Summons forth. VERTICAL 1 Brazilian fish. 2 Musteline mammals (pi.) 3 Man’s name. 4 Petty demon. 5 Cirrus (abbr.) 6 Book of the Bible. i Satiate. 8 Transpose (abbr.). 9Siouan Indian 10 Variant of “roil.” 11 Diurnal birds of prey. 12 Bangs. 14 Age. 15 Drinking CUP with a handle 21 Bower <Jf latticework. 22 Redeems. 25 Ellipsoidal shaped objects 27 South African farmers. 30 Drink by sips. 33 Lively, 35 Light-colored titanite. 36 Landholder. 40 Examinations. 42 Italian family name. 44 They are ac tive in almost every 45 Thing (law). 46 Consumed^ 47 Change position. 48 Migration. 50 Goddess of dawn. 53 Bustle. 55 Rupees (abbr.). 57 Four (Roman). (Com.) (1:30 P. M.) Kimberly-Clark Corp. (6% Pfd. & Com. (10 A. M.) Master Electric Co. (Com.) (4 P. M.) National Biscuit Co. (Com.) (3:45 P. M.) Paraffine Companies. Inc. (4% Pfd. & Com.) (1:45 P. M.) Penick & Ford, Ltd.. Inc. (Com.) (3:30 P. M.) Pet Milk Co. (Com.) (10 A. M.) Public Service Corp. of N. J. (6% Pfd. & Com.) (2:30 P. M.) Shattuck (F. G.) Co. (Com.) (11 A. M.) Union Premier Food Stores, Inc. (Pfd. & Com.) (11:30 A. M.) United Dyewood Corp (7% Pfd.) (3:15 P. M.) Virginia Electric & Power Co. ($6 Pfd.) 12 M.) West Virginia Pulp & Paper Co. (Com.) (10 A. M.) Yale & Towne Mfg. Co. (Com.) (2 P. M. ) Wednesday, May 20 American Sugar Refining Co. (7% Pfd.) (12:30 P. M.) American Telephone & Telegraph Co. (Com.) (.12 M.) Johns-Manville Corp. (7% Pfd. & Com.) (4:30 P. M.) Kansas City Power & Light Co. ($6 1st Pfd.) (10 A. M.) Liggett & Myers Tobacco Co. (7% Pfd.) (11 A. M.) Magma Copper Co. (Com.) (2 P. M.) Mesta Machine Co. (Com.) (11 A. M.) Pullman, Inc. (Com.) (3:15 P. M.) Raybestos - Manhattan, Inc. (Com.) (12 M.) Talcott (James), Inc. (5 1-2% Pet. Pfd. & Com.) (2:15 P. M.) U. S. Tobacco Co. (7% Pfd. & Com.) (11 A. M.) Worthingtor Pump & Machinery Corp. (Pfd.) (4 P. M.) Thursday, May 21 Bon Ami Co. (Com. “A” & “B”) (12 M.) International Harvester C o . (Com.) (3 P. M.) Lily-Tulip Cup Corp (Com.) (2 P. M.) Liquid Carbonic Corp. (Com.) (11 A. M.) Union Pacific R. R. Co. (Com.) (11 A. M.) United-Carr Fastener Corp. (Com.) (1 P. M.) Friday, May 22 Lorillard (P.) & Co. (7% Pfd. & Com.) (4 P. M.) Montgomery Ward & Co. ($7 Cl. “A" & Com.) (10 A. M.) Peoples Gas & Light Co. (Com.) (3:30 P. M.) Pure Oil Co. (6% and 5% Pfd.) (10 A. M.) -v_ NEW ORLEANS COTTON NEW ORLEANS. May 16.—(/P)_ Cotton futures declined here today under week end short coverings Closing prices barely steady 2 to 6 points net lower. Open High Low Close Jly — 19.57 19.61 19.50 19.50 Off 06 Oct — 20.02 20.07 19.97 19.99 Off 02 Dec _ 20.13 20.19 20.09 20.10 Off 04 Jan _ 20.12b_ _10.11b Mch - 20.34 20.34 20.24 20.24 Off 04 May - 20.45 20.45 20.36 20.36 Off 04 b—Bid. Closing Bond Quotations BT THE ASSOCIATED PRESS domestic A T and Sf 4s 95. 110% B and O Cv 60 St -. 22% Chi and E 111 Inc 97 ..- 25% Cri and P Rfg 4s 34 . 14% Clev Un Term 5%s 72. 81% Clev Un Term 4%s 77c- 62 Fla East Cst 5s 74. 10% Hud Coal 5s 62a ——- 42% Hud and Man Rfg 5s 57 - 45 /2 111 Cent 4%s 66 .. 46% Int Gt N Adj 6s 52- 1% Lou and N 4%s 2003 - 94% M K and T Adj 5s 67.- 18% NYC Rf55s 2013 —. 52% Nor Pac 6s 2047 - 66% Penn R R Gen 4%s 65-iuz% Phil Rd C and I 6s 49- 9% Seab A1 Cn 6s 45 .. 9’A So Pac Rfg 55 - 68% So Ry Cn 5s 94 - 91% So Ry Gen 4s 56_ 67 Vi Third Ave 4s 60 _ 53% West Md 4s 52 ... 89% FOREIGN Australia 5s 55 - 61J4 Australia 4%s 56 - 567/a Brazil 6%s 26-57 - 28% GOVERNMENT Treasury: 2s 51-49 Sept. _ 100.13 2%s 60-55 . 110.2 Closing Stock Quotations BY THE ASSOCIATED PRESS Air Reduction - 31% Alaska Jun..—- l/4 A1 Chem and Dye- 1234% Allis Chal "Mfg . 23 Am Can —. “2 Am Car Fdy —.— 22% Am Pow and Lt- % Am Rad and St S -.— 4 Am Roll Mill--- 9/s Am Smelt and Ref -. 36% A T and T..-.114% Am Tob B -. 39% Anaconda - 23% Arm 111 —.-. 2% A T and Sf. 35% ACL _ 21% | Atl Ref .. 14% Baldwin_ 11 Barnsdall _ 8% Bendix Aviat - 31% Boeing Airpl- 14 Borden _ 18% Borg Warner _ 23Vs B>ggs Mfg _ 18 % Bur Add Mach _ 6% Calumet and Hec _ 5% Can Pac _ 4% Cannon Mills_ 29% Case J I_ 61 Caterpil Trac_ 16% Ches and O _ 29 Chrysler _ 57% Colum G and E.. 1% Coml Credit _ 18% CHICAGO GRAIN CHICAGO, May 16.—MV- Wheat prices tumbled as much as 2 cents a bushel at one time today as the grain market reflected trade con cern over the scarcity of storage space and the outcome of a Wash ington controversy involving dis posal of government controlled surplus stocks. After an early show of steadiness, wheat weakened around mid-ses sion and execution of numerous stop loss orders lowered prices as much as 1 1-2 to 2 1-8 cents to lows not quoted here since the first of the month. This weakened other cereals. Despite a late rally, due to short covering, wheat closed 1 to 1 5-8 cents lower than yesterday, May $1.19 5-8, July $1.21 1-2; corn 3-8 to 12 down. May 85 1-2. July 88 1-2 to 3-8; oats 78 to 1 1-8 off; soybeans 1-4 to 78 down and rye 38 to 5-8 lo"-’er. ihe favorable crop outlook, se rious storage situation and Wash ington controversy, all aspects of the price depressing wheat surplus, discouraged dealers. Grain men said there is not enough elevator and warehouse space in sight to house the new harvest, which be gins soon. Washington reports that a split was threatened in the senate farm bloc over the government’s grain marketing policy undermined con fidece to some extent since, trad ers said, the activities of this group had largely encouraged higher prices in the past. 4 Open High Low Close Wheat May _120% 121 11914 119% Jly _ 123 12314 120% 121 % Sep _ 125 125% 12314 123% Dec _ 12814 12814 12614 126% CORN— May _ 85% 86% 85% 85% Jly _ 88% 89 88% 88% Sep _ 91% 91% 90% 90% Dec _ 93% 93% 93 93% OATS— May _ 56% 56% 55% 55% Jly _ 55% 55 3/8 54% 54% Sep _ 55% 55% 54% 54% SOYBEANS— May old .. 1803/4 180% 1803/s 180%. May new .._ 181% Jly old ... 183% 184% 182% 183 Jly new ... 185% 185% 184% 184% Oct _179% 179% 178% 178% RYE— May _ 72 72 71 71% Jly _ 743/s 74% 73% 73% Sep _ 77% 77% 76% 76% Dec ....... 803/g 80% 79% 793/4 LARD— May .. 12.82 Jly _ 12.82 Sep _ 12.82 -V -v SPOT COTTON NEW ORLEANS, May 16.—(TP)— New Orleans spot cotton closed steady 6 points lower. Sales 835. Low middling 16.60; middling 19.90; good middling 20.35; receipts 1,112. Stock 445,662. -V CHICAGO BUTTER—EGGS CHICAGO, May 16.—(TP)— Butter receipts 1,467,638 pounds; steady; prices unchanged. Eggs 28,744 cases; firm; prices unchanged. 4 -V SPOT COTTON CHARLOTTE, May 16.—(TP!—Spot cotton 20.30. 2 Coml Solv - 7% Comwlth and Sou - 3-16 Consol Edis- 12% Con Oil -.- 4% Cont Can - 23 Vi Curtiss Wright- 6% Curtiss Wright A- 21 Del Lack and W_ 3% Doug Aire - 52 Dow Chem _ 97% Du Pont _ 109 % Elec Auto Lt _ 26 Firestone _ 14% Freeport Sul_ 29 V2 Gen Elec _ 24% Gen Foods _ 2714 Gen Mot . 34% Gillette _ 3% Goodrich _ 17 Goodyear _ 15% Graham Paige _ 11-16 Gt Nor Ry Pf -. 23 Int Harvest _ 43% Int Nick Can _ 25% Int Tel and Tel_Vs 2% Johns Man _ 51 Kennecott_ 27% Libby O F G1..— 23% Ligg and Myers B- 58% L,oews _ ‘toys Lorilard _ 12Vi Louis and Nash - 63 Mack Truck _ 31 McCrory Stores _ 10 Mont Ward __- 27% Murray Corp _ 5 Vs Nash Kelv .—. 5% Nat Biscuit___ 13% Nat Cash Reg_ 14% Nat Dairy Prod- 13% Nat Dist___ 20 ' Nat Lead _„_ 13% Nat Pow and Lt_ 1% N Y Cent.. 7 No Am Aviat -- 10% North Am_ 8 Nor Pac _ 5% Ohio Oil _ 6% Otis Elev _ 13 Pac G and E _ 17V-4 Pac Mills _J. 16% Packard _ 2 Param Pix _ 13% Penny J C _ 62% Penn R R _ 20% Pepsi Cola _ 19 Phillips Pet _ 33% Pub Svc N J _-— 10% Pullman _ 23 Pure Oil- 7% Radio - 2% Rem Rand - 7Vi Rep Stl... 14 Reynolds B _ 23 Sears _ 46% Shell Un . 10% Socony Vac _ 7 Sou Pac _ 10% Sou Ry -.- 13% Sperry _ tin Std Brands - 3 Std Oil Cal .. 20 Std Oil Ind . 107s Std Oil N J .-.- 347s Studebaker _ 4% Swift . 22% Tex Co. 32% Tex Gulf Sul.. 29 Timken Det Ax . 277s Trans Amer _ 4 Un Carb _ 61% Un Pac - 70% Unit Aire _ 25% Unit Corp_ Vi Unit Drug _ 15% Unit Fruit _■- 53 Unit Gas Imp - 3% U S Pipe.. 22% U S Rub . 16V4 U S Steel . 46% Warner Pic _ 4% Western Union_ 26 West Elec and Mfg_ 68% Wilson _ 3% Woolworth _ 23% Yell T and C ..— 11 Youngs S and T _ 30% Final sales _122,130 CURBS Cities Service_ 2% El Bond and Sh _ 1 Gulf Oil _ 26% CHICAGO POTATntv CHICAGO. May is ^ Dept. Agrjlpotati S. on track 128; total US^'5 92: 789; supplies light; erate; northern stock Jl , moti to slightly stronger; id^f ^ steady; Idaho russet No. 1. 3.45 to 75- Maine l'p US No. 1. 2.80;' Wiscont ^’ pewas US No. 1 2 60 ne ^ supplies light: demand tZffi California firm to slightly d*?‘ate; er; southern triumphs steady ???• lfornia long white US No i ,3 3.50; Louisiana bliss trim™? V# No. 1, 3.40 to 4.00; Alabama^ triumphs US No. 1 3 75 ,n 2a. b-:i _V-—“• 1 1JN 1HE SPOTI Iput NEW YORK, May Sales, dosing price and net eh, " of the 16 most active stocks V181 Gen Mot 6.000-34^ • UD\ aa-: Patino Min 3.000—17% dow,, South Pac 2,100—10 V un V Int Harvest 1,700—43>4- L-' Chrysler 1,700—571 ■ • Ud i ■' Std Oil N J 1,700-341. V Gen Elec 1,700—24 V up - 1 United Corp 1,500—i4': no"' Am Tel and Tel 1,400—ni" 1%. 2 •? Std Oil Ind 1,400—20V un ■ Allis C',al 1.300—23: no, ' N Y Central 1,300—7; no Gt. North Ry Pf 1,200—23 c0, Consol Edis 1,200—IV- • Postal Tel Pf 1.200-14='.. P 'i Curtiss Wright 1.200-6V up i NEW YORK COTTON NEW YORK, Mav l6-\fl Liquidation near the close of •• day’s short session sent codon fo tures tumbling to losses of is , 50 cents a bale. Traders said factors were B[ posals to increase plantings ir year and confusion created br £ administration-farm bloc control ersy over farm price control *" The range follows: Open High Low Close Jly „ 19.57 1 9.61 19.46 19.48 Of* Oct „ 19.82 19.87 19.78 19.74n0filf! Dec . 19.91 19.97 19.85 19.35 Ofti Mch _ 20.07 20.12 20.00 20 01 Ofir May 1943- 19.93b20.16 20.11 20.11 . Spot middling 21.04n. n—Nominal; b—Bid. MIDDLING COTTON NEW ORLEANS. May 16.—.? The average price of middle; 15-16 inch cotton today at de,'.: nated southern spot markets v,? 9 points lower at 20.15 cents, pound; average for the last ; market days 20.16; middling ; inch average 19.56. I /loAH WuMSKOtl | LOOS SIS OV£r, -Ill DEAR. NOAH=DO ALL WIVES; select their, husbands' CLOTM/NG OR- DC SOME : JUST PICK THE.IR- POCK' I ETS "7 t. v blocs (5uls D, /*P PEAK. NOAH *= WHEN YOU PON'T BEUSW YOUR TEETH SHOULD YCUR MOTHER. GIVE YOU A PASTE IN THE MOUTH 7 LOU ELSSIOC TOLEPC, OHlC • SjE/SP yovfc"/SUMM/Es "Tc'NOH‘ Distribut'd b> King Fmturtt *y#4iat' !•* FOR CORRECT TIME DIAL 3 5 7 5 —Courtesy— R FRIENDLY CREpn j_w _TrrrnicFnT'j RAPID PACKAGE DELIVERY Between Wilmington and Jacksonville North Carolina Only Packages of 150 tbs or less accepted for Transportation FOR FURTHER INFORMATION Wilmington Jacksonville Dial 3311 Dial 3226 A BAKIN LY GOOGLE AND SNUFFY SMITH vawc. \nc WWJX ft BRBftVt, SNttppy w bup m "We ^^%'c, , op bocap: o^ -wosp YISEP’Wft HPPPM "G\p\c, 'NERi VONtSWME V.
Wilmington Morning Star (Wilmington, N.C.)
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May 17, 1942, edition 1
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