Newspapers / Wilmington Morning Star (Wilmington, … / May 23, 1942, edition 1 / Page 7
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Stock Prices Decline As Recent Talk About Early Peace Fades FEW LOSSES RUN TO TWO POINTS Volume Of Trading Dwin dles Appreciably; Presi jent Sees Long Conflict YORK, May 22.—(M—The i market ran out of peace st?ffaeI today and most of the "L'nC stocks of Thursday back into minus territory. 'trends were shaky at the start . priCes soon began to shrink, white scattered gains among lead Z. were in evidence, closing re gions of fractions predominated, vith a few losses running to 2 or , volume dwindled appreciably. ‘Washington warnings that opti mism regarding a quick ending of he war was unwarranted or at least premature, coupled with the .iteration of the President that a ion- conflict will was in the cards, served to chill buying sentiment of those who hoped for a nearly collapse of the Axis. The result was that commitments in most of ,he peace stocks were lightened, although even the war infants fail ed to draw much support. The Associated Press average of 60 stocks was off .1 of a point at 34 2. Transfers amounted to 329,460 shares compared with 558,500 the day before. Scant bidding inspiration was found in news from battlefronts, business, tax prospects, regular dividend declarations and excisions and further governmental steps in the spread of war economy. In the retreating column West inshouse dropped 2 1-8, while American Telephone, Sears Roe buck and American Smelting con ceded around a point each. Lesser declines were posted for Bethlehem, Chrysler, Goodrich, U. S. Rubber Common and preferred, Santa Fe.. Great Northern, Mont gomery Ward, International Har vester. Douglas Aircraft, United Aircraft, Standard Oil (N. J.), Un ion Carbide. J. C. Penney, Public Service of N. J. and Texas Co. Clinging to modest advances were U. S. Steel, Consolidated Edi son, General Motors, Southern Pa cific, Anaconda, American Can, General Electric, Allied Chemical and Eastman Kodak. ; nail uonus. in me icai lauivs uur. ing the upturn of the preceding session came to the fore for fair recoveries. Commodities were mostly higher. At Chicago wheat was off 3-8 to up 3-8 of a cent a bushel, corn ahead 1-8 to 1-2 and hogs 10 cents improved. Cotton moved forward 55 to 75 cents a bale. In a mixed curb issues leaning upward included American Gas, Aluminum of America, Chicago flexible shaft and Pittsburgh Plate Glass. New England Telephone came back 4 points and Southern New England Telephone 2. Among losers were Gulf Oil, Lake Shore, American Cyanamid, Creole Petro leum, Republic Aviation and Sher win Williams. Turnover here ag gregated 38,840 shares versus 62, 570 yesterday. 3 STOCK AVERAGES 30 15 15 60 Indust Rails Util Stks Net change., a.3 a.l Unch d.l Friday _ 49.2 15.0 23.3 34.2 Prev. day .. 49.5 15.1 23.3 34.3 Month ago _ 46.3 14.7 21.8 32.S Year ago .. 56.3 16.6 30.5 39.8 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 61.8 WHAT STOCKS DID: .Fri. Thur. Advances _ 196 395 Declines ..... 208 140 Unchanged_ 223 164 Total issues _ 627 699 -V NEW YORK COTTON New YORK, May 22.—m—Cot ton futures prices advanced 55 to Ti cents a bale today after getting off to a shaky start. The views of the President about * long war gave prices an almost immediate recovery tinge. Another factor in the upturn was unfavorable crop news. This in cluded reported labor shortages in msect infested areas and the need f°r much replanting in eastern oreas. Short covering by recent sellers was reported by several commission houses, including those a big southern business. The range follows; , Open High Low Close J'y ~ 19.12 19.19 19.01 19.18 Up 11 °ct .. 19.30 19.41 19.32 19.40 Up 13 Dec .. 19.43 19.56 19.36 19.55 Up 15 ton . 19.45bl9.59 19.59 19.59 Up 15 Mar - 19.57 19.71 19.52 19.70 Up 15 May - 19.67bl9.80 19.63 19.80 Up 15 ,.sP°t cotton closed nominal, ^•72 cents a pound for 15-16 inch Middling, b—Bid. --V POTATOES CHICAGO, May 22.—tff)—(U. S. uiPt' Agr.) — Potatoes, arrivals M3; on track 247; total US ship ments 941; supplies light, demand pw; for Idaho Russets market ‘‘ghtly weaker, for northern stock market about steady; Idaho Rus P®1. Burbanks US No. 1, 3.20-50; Marne Katahdins US No. 1, 2.75; w stock; supplies moderate, de and slow, market weaker and settled; California long whites i! . No 1. 2.85-90; Louisiana Bliss ifiumphs US No. 1, 3.00-25. --V CHICAGO BUTTER LHICAGO, May 22— WV-Butter _ as 1.4 cent ]ower t0 4.4 cent high today; tone full steady; 93 score « 3-4; 92, 37; 91, 36 3-4; 90, 36 f't!ns>de; 89, 35 1-2 inside; 88, 35; niralized carlots: 90 score 36 3-4 lns'de; 89, 85 S-4 J Closing Bond Quotations BX THE ASSOCIATED PRESS Treasury: 3%s 45-43 .. 10s 2%s 59-56.::: 2%S 63-58 ..K , >Q^deral Farm Mortgage " .-.103.31 . __ J DOMESTIC A T and Sf 4s 95 . 109% B and O Cv 60 St.I 20% Can Pac 4s Perp_ 69% C and O 4%s 92 ...127% C B and Q 4%s 77 .. 69% Chi and E 111 Inc 97_ 23% Chi Gt West 4s 88_ 67% Cri and P Rfg 4s 34 ... 13 Clev Un Term 4%s 77c. 61 Fla East Cst 5s 74_ 10% Hud Coal 5s 62a_ 40% Hud and Man Rfg is 57. 45% 111 Cent 4%s 66 . 43% Int Gt N Adj 6s 52 . 1% Lou and N 4%s 2003 _ 94Vi M K and T Adj 5s 67. 17% Mo Pac Gen 4s 75 ... 3 N Y C Rf 5s 2013 ... 50% Nor Pac 6s 2047 ____ 63% Penn R R Gen 4%s 65_102 Phil Rd C and I Cv 6s 49_ 9 Purity Bak 5s 48_.... 104 Seab A1 Cn 6s 45____ 8% So Pac Rfg 4s 55.'.__ 66% So Ry Cn 5s 94_ 90% So Ry Gen 4s 56_ 66 Third Ave 4s 60'... 53 West Md 4s 52 .. 87% Foreign: Australia 5s 55_ 39% Belgium 7s 55___ 93 Brazil 6%s 26-57 _ 28V, Closing Stock Quotations BT THE ASSOCIATED PRESS Adams Exp.. 5% Alaska Jun _ 2 A1 Chem and Dye_ .123% Alleghany-,. 5-16 Allis Chal Mfg . 23% Am Can _ 63% Am Car Fdy _ 20% Am Coml Alco_; 8% Am Pow and Lt_ 9-16 Am Rad and St S _ 4% Am Roll Mill_ 9% Am Smelt and Ref_ 36% A T and T ... 116 Am Tob B _ 40% Anaconda ...._ 23% Arm 111_ 2% A T and Sf......^ 34% ACL .. 20% Atl Ref. 15% Aviat Corp_„_ 2% Baldwin ..._ 10% B and O. 2% Barnsdall _ 8% Bendix Aviat _^... 28% Beth Stl . 51% Boeing Airpl __ 13% Borden_ 18% Borg Warner _ 22% Briggs Mfg _17% Budd Mfg_ 2% Budd Wheel_ 6% Burl Mills .. 16% Bur Add Mach_ 7% Calumet and Hec_ 6 Can Dry_ 10% Can Pac_ 4% ATTEMPTED RALLY BY WHEAT FAILS Corn And Oats Gains, However, Stick Despite Market’s Selling Wave CHICAGO, May 22.— (#) — Wheat tried to recover from six months low prices today but the rally was nipped in the bud by re newal of selling late in the session. Corn and oats gains stuck, how ever, the latter pushing up a full cent after yesterday’s sharp set back. Short covering and scattered buying credited to mills disclosed the wheat pit to be temporarily bare of offerings early in the day and prices moved up almost a cent. Later, when thijs buying was satis fied, the market fell as much as 1% cents from the highs or to net losses of almost a cent in some cases, equaling or exceeding lows established yesterday. Failure of flour demand to revive despite low prices and the big crop and scarce storage situation remained as bear ish factors. Wheat closed % lower to % higher compared with yesterday, July $1.20-$1.20%, September $1.22%-%; corn %-% up, July 86% 87, September 89%; oats %-l% up; soybeans %-l% lower; rye %-% lower. Open High Low Close Jly _120% 121% 119% 120% Sep _122% 123% 122 122% Dec_125% 128% 125 125% COHN_ Jly. 86% 87% 86% 87 Sep *_ 88% 89% 88% 89% Dec . »2 92 91% 91% OATS_ Jly. 51% 51% 50% 51% Sep _ 51% 52% 51% 52 Jly°MBf-^179 179% 176% 177 Jlv new — 180% 181% 177% 178% Oct ----- 172% 173% 170% 171% nyp_ Tiv 70 V* 71% 69 Vs 69% sep 73 74 72 72% Dec _ 76% 77% 75% 76 LARD— g 12 75 12 55 12.55 sep12.82 12.82 12.72 12.72 DRYGOODS MARKET NEW YORK, May 22.—(ffl-Over. night action by the OPA establish ing maximum prices for eight groups of cotton fabrics and simi lar action to follow on other goods had a stimulating effect in the tex tile markets today. Selling agents said the decision would simplify price problems and help revive trading. . Woolen goods buyers restricted pruchases until price ceiling were clarified. The rayon trade awaited impending government awards for flare cloth. ^ 3 CASH GRAIN CHICAGO, May 22.—13*)—After registering gains of almost a cent early in the day, the wheat mar ket’s recovery was nipped in the bud by a renewal of selling to day that lowered prices as much as 1 5-8 cents from the highs at times. , . . Wheat closed 8-8 lower to 8-8 higher compared with yesterday, July $1.20-1.20 1-8, September $1.22 1-2—5-8; com 1-8—1-2 high er. July 86 7-8—87; September 89 1-8; oats 7-8—1 1-8 higher; soy beans 7-8—1 1-4 lower; rye 1-4— 5-8 lower. -V—, SPOT COTTON CHARLOTTE, May 22.— (JP> — Spot cotton 19.75. Ches and O.. 29% Chrysler .. 57% Coca Cola _ 4 71 Colum G and E ___ iy4 Coml Credit _ . 20 y4 Com* Soly... 8 Comwlth and Sou ..._ 7-32 Consol Edis ... 12y2 Con Oil .. 47/g Cont Can .. 23% Corn Prod__ 463/4 Curtiss Wright___I 6 Curtiss Wright A ... 20% Davidson Chem .... 93/4 Del Lack and W_ 3 Doug Aire...3 53 Dow Chem _ g7ya Du Pont .. 33 106% Eastman Kod _ 120 Elec Auto Lt _ 26J/8 Elec Pow and Lt_” 15-16 Firestone _ 15% Freeport Sul..33 31 Gen Elec _ 24% G6h Foods. ' 28 v4 Gen Mot .. 35% Gillette .... 3% Glidden _1_ 14 Goodrich _3 17% Goodyear _3 16% Graham Paige ___ 11-16 Gt Nor Ry Pf. 3 22% Hud Mot __ 4 Hupp Mot _ 3 % Int Harvest _ 44% Int Nick Can _ 26 Int Tel and Tel_ 3 Johns Man _ 53 Kennecott _ 27 Kroger Groc _ 24% Libby O F G1 ... 25 Loews _ 40y8 Lorilard ____ 127% Louis and Nash.. 62% McCrory Stores_ 10% Mont Wahd...28% Murray Corp___ 5 Nash Kelv_____ 5% Nat Biscuit _ 14% Nat Cash Reg _ 1434 Nat Dairy Prod _ 13a/4 Nat Dist _ 20% Nat Lead_’._ 13% Nat Pow and Lt _ 1% N Y Cent .. 7 No Am Aviat _ 10 North Am _ 77^ Nor Pac _ 5% Ohio Oil _ 7 Otis Elev _ 13 Pac G and E___ 1774 Pac Mills _ 163/fe Packard _ 2 Param Pix _114 Penny J C... 64% Penn Dix _ i3/g Penn R R _ 20 Pepsi Cola_ 19% Phillips Pet_ 34% Pitt Scr and B ..._ 4% Pub Svc N J__ 9% Pullman _ 22% Pure Oil_._ 7% Radio _ 2% Rem Rand_ 7% Rep Stl__ 14 Reynolds B_ 24% Sears -._--- 49% Shell Un _ 10% Socony Vac_ 7 Sou Pac _ 10% Sou Ry__ 13 Sperry . 23% Std Brands _ 3 Std Oil Cal_*_ 19% Std Oil Ind __ 21% Std Oil N J .._. 34 Stewart Warner _ 8% Studebaker _ 4% Swift_ 22% Tex Co___ 32% Tex Gulf Sul...r_ 28% Timken Det Ax _ 24 Trans American_. 4 Trans and West Air_ 8% Un Carb .. 61% Un Pac_ 70% Unit Aire _ 24% Unit Corp_ % Unit Drug ...._ 5% Unit Fruit ...._... 53 Unit Gas Imp___ 3% U S Ind Alco_ 26% U S Pipe. 22% U S Rub .. 17% U S Smelt and Ref_ 40 U S Steel.. 45% Va Caro Chem_ 1% Warner Pic __ 4% West Elec and Mfg .. 67 Wilson - 3% Woolworth _..._ 24% Youngs S and T_ 29% Final stock sales_ 329,460 CURBS Asso G and El A-1-32 Cities Service_ 2% Gulf Oil . 27% -V FOREIGN EXCHANGE NEW YORK, May 22.— (£>) - Foreign Exchange closing rates follow (Great Britain in dollars, others in cents): Canada: Official Canadian Control board rates for U. S. dollars: Buying IQ per cent premium, selling 1 per cent premium, equivalent to dis counts on Canadian dollars in New York of buying 9.91 per cent; sell ing 9.06 per cent. Canadian dollar in New York open market 11% per cent discount or 88.75 U. S. cents, down 1-16 cent. Europe: Great Britain, official, (Bankers Foreign Exchange committee rates) buying $4.02, selling $4.04 open market; cables $4.04. Latin America: Argentina official 29.77; free 23.62, down 1-50 cent; Brazil offi cial 6.05n; free 5.20n; Mexico 20.67n. (Rates in spot cables unless otherwise indicated). n—Nominal, , * * RAILROAD ISSUES MOVE FORWARD Carriers Are By Far The Most Active Of Any Groups On Market NEW YORK, May 22.—UP—Rail road issues gave a good account in todays bond market, many ad vancing fractions to a point or more as the general list held in a narrow range. Reversing early the trend of the two previous sessions, carrier ob ligations were by far the most ac tive of any group and many closed with the day’s full improvement intact despite some profit taking. The Associated Press average of 20 rails gained .2 of a point. Other components of the index showed little change. Total sales of $7,037, 900, par value, compared with $8, 536,850 on Thursday. Issues well up in front included New Haven convertible 6s at 39 1-2 and 4s at 32 3-4, New England Railroad, 4s at 70 1-4, Denver, Rio Grande & Western first 4s at 50 1-2, Southern Railway 5s at 90 3-4, Lehigh Valley 4s at 32 1-8 and Rock Island General 4s at 23 3-4. Western Pacific first 5s, Wabash 4 l-2s, Nickel Plate 5 l-2s and In ternational Telephone 5s were among loans holding unchanged or losing small sums, U. S. Governments turned firm er on the stock exchange in late dealings and finished up 2-32 to 13-32 of a point. The trend also was better over the counter, es pecially among the older tax ex empts. Some Scandinavian loans, includ ing Denmark 4 l-2s and 6s, moved up early and then faded after Pres ident Roosevelt said it looked like a long war. New South Wales 5s lost 2 1-4 points at 66 on a few sales. BOND AVERAGES 20 10 10 10 Rails Indue Util For Net change _ a.2 Unch Unch d.l Friday _ 62.9 103.6 94.2 47.9 Prev. day _ 62.7 103.6 94.2 48.0 Month ago . 64.5 103.5 93.7 47.1 Year ago . 64.6 104.4 100.9 44.6 1942 high 65.6 103.7 100.6 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 Friday .. 112.0 Previous day_112.1 Month ago ___112.3 Year ago -- 113.0 1942 high ...^.. 113.1 1942 low _ 111.7 1941 high --115.1 1941 low_ 112 1 -V CHICAGO LIVESTOCK t CHICAGO, May 22.—(fl— (U.S. Dept. Agr.)—Salable hogs 6,000, total 11,500; market strong to 10 higher on all weights and sows; good and choice 180-330 lbs. 14.10 30; top 14.35; 150-80 lbs. 13.75 14.25; sows strong: good 400-550 lbs. 13.75-14.00; shippers took 1, 500; no holdovers. Salable cattle 1,200, calves 400, all killing classes steady; largely steer run; nothing choice here; large and small killers bought bulk steers, mainly light offer ings, at 12.25-13.75; top 13.85; best heifers 13.50; no load lots above 12.50; all interests wanted meagre supply cows here; paying up to 9.50 for fleshy cutters of common beef cow tpye; most fat cows 9.75 10.75; light canners down to 7.00; weighty kinds up to a d5.82 ETA weighty kinds up to 8.25 and bet ter; heavy sausage bulls again sold up to 11.00; most weighty kinds 10.75-90; vealers fairly ac tive at 15.50 down; this price paid freely. Salable sheep 1,500; total 6,500; fat lambs steady to strong; choice 90 lb. shorn lambs with No. 1 pelts 14.80; two decks good and choice 90-102 lbs. 14.25 and 14.50; throwouts mostly around 11.50; small lot choice native spring ers 16.00; bulk shorn ewes 6.00 75; few medium to good 91-lb. wool skins 7.50. CASH GRAIN CHICAGO. May 22.— m —No wheat. Coz-n sample grade mixed 60 No. 1 yellow 85 1-2 to 86; No. 2, 85 172 to 87; No. 3, 85 to 85 1-2; sample grade yellow 77 to 78: No. 2 white 98; No. 3. 96 1-2 to 97 1-2. Oats No. 1 mixed 53 to 53 1-4; No. 2, 53 1-2; No. 1, white, 54; No. 2, 53 1-2; No. 3, 52 3-4; No. 4, 50 1-4 to 51 3-4; sample grade white 50 to 50 and 1-2. Barley malting 83 to 1.03 nomin al; feed and screenings 58 to 67 nominal; No. 2 malting barley 1.03; No. 3, 1.02 to 1.03. Soybeans No. 3 yellow 1.69 to 1.76 1-4. Rye musty sample 63. 3 THIS CURIOUS WORLD By William NORTHEASTERN TIP OF IS CLOSER TO C///C4GO THAN TOKYO IS TO *C4/V ^vt?/AAOCTCO/ CO PR. 1942 BY HE* FERVICE, INC. T. M. REC. U. S. PAT. OFF. Orison ivy ^ IS NOT A MODERN SCOURGE,/ CAPTAIN JOHN SMITH ENCOUNTERED IT ON ARRIVING IN AMERICA, AND WROTE : "/rcAuser/-/ a?£ooa/£ss, /rcAs/A/&£, aa/o z-Asrey &/.YST£AfS." - . -- ——— ! IN POETRY, A DASH ) IS A PAUSE/' SA/S k A\RS. A. L. JOHNSON, I OGDEN, UTAH. Officers May Be Forced To Live On Army Posts Army officers may be forced by tire ration amendments to live at their posts, county ration board of ficials indicated Friday. Under the new amendment it will be very difficult for the offi cers to secure new tires, officials said, and many of the Army of ficers in this area are residing at Wrightsville Beach and Carolina Beach. Without tires, their “B” gasoline ration cards will be of little use. Under the new regulation, the local board is informed that as a general practice certificates for tires should not be issued to Army officers to permit them to travel from their residences to their posts of duty or to perform travel neces sitated by a transfer from one post of duty to another. But in certain infrequent situa tions, Army officers are being as signed to duty at industrial plants, construction projects, or similar areas where quarters cannot be provided and where the personal ly owned automobile of the officer constitutes the only available means of transportation. The War department has agreed to have all applications for certificates, in such cases, reviewed by the Sen ior Commanding Officer of the post or area having jurisdiction over the functions performed by the of ficer. The ration board may grant a certificate only when an applicant accompanies his application with a letter from the Senior Command ing Officer which sets out the fol T rends Slightly Weaker RALEIGH, May 22.— (JP) —The State Department of Agriculture reported steady to slightly weaker trends for snap beans on North Carolina auction markets today. Prices: Burgaw — Various varieties, 4 peck hampers, $1 to $1.65, mostly $1.25 to $1.50; 5 peck hampers, $1.50 to $2.35, mostly $1.75 to $2. Mount Olive — Bushel hampers, flat type, $1.45 to $1.65; round type, $1.30 to $1.70; waxed type, $1.05 to $1.95. Tabor City — Bushel hampers, bountifuls, $1 to $1.80, mostly $1.50 to $1.75; few stringless black Valen tines, and Plentifuls $2. Meanwhile, a few 24 quart crates of huckleberries sold at $5 to $5.25 on the Mount Olive auction market. -V NAVAI STORES SAVANNAH, Ga„ May 22.—— Turpentine 55 1-4; offerings 75; sales 3,750 gallons; receipts 82; shipments 185; stocks 6,985. Rosin: offerings 962; sales 273; receipts 415; shipments, none; stocks 50, 121. Quote: B 2.23; D 2.46; E 2.56; F 2.65; G 2.8; H .81; I .90; K .88 M 3.06; N 3.06. WG 3.1; WW and X 3.20. lowing: it is an application for tires or tubes for necessary travel; no quarters can be provided the ap plicant at his post of duty; no other means of transportation available; every effort has been made to arrange “doubling up" to secure the maximum use of per sonally owned automobiles avail able to the men involved; appli cant has agreed to limit use of ve hicle exclusively to the purpose for which the application is made, ex cept for minimum incidental use for necessary personal purposes other than , pleasure driving. -V Continued Operation Of Farm Labor Camps Asked In Telegram An appeal by the county agricul tural war board for continued funds for the Castle Hayne migra tory labor camp was endorsed by Chamber of Commerce directors in a special session Thursday afternoon. The decision of the directors was contained in telegrams sent Friday to Senator J. W. Bailey, represen tatives J. Bayard Clark, and Gra ham A. Barden. The chamber of commerce of ficials explained that “the govern ment is stressing the necessity for food crops to sustain the war ef fort. Farmers in this vicinity can not possibly house laborers and discontinuance of the labor camps would seriously retard general crop production. All the facts have been sent you by R. W. Galphin, county farm agent.” -V RICHMOND LIVESTOCK RICHMOND, Va., May 22.—iJP)— (U. S. Dept. Agr.)—Livestock: Hogs: Steady with Thursday. Top 13.50. Good and choice 180 300 lbs. 13.50; 100-120 lbs. 12.00; 120-140 lbs. 12.50; 140-160 lbs. 13.00; 160-180 lbs. 13.30; over 300 lbs. 13.25; sows under 350 lbs 12.75; over 350 lbs. 12.50; stags 9.50. Cattle: Nominal. The steer market was active the first of the week at somewhat higher prices. The bulk of sales of good fat slaughter steers 12.00-12.50 with better offerings 13.00 and above. The market for cows and bulls held fully steady. Fat cows selling around 9 00 and occasionally 9.59 with canners and cutters 6.00-8.50, little under 7.00. Practical top heavy sausage bulls 10.50. Vealers were mostly unchanged. Closing practical top 14.25, some choice 14.50. Sheep: Most lots of good to choice spring lambs around 13.50 14.00. -V WHERE FOUR STATES MEET Only point in the United States where four states meet is the northwestern comer of New Mex ico, adjoining Arizona, Utah, and Colorado. ITALIANS CLAIM U. S. BATTLESHIP Unsubstantiated Broadcast Says Ship Of Maryland Class Torpedoed By DREW MIDDLETON. LONDON, May 22.—(A5)—Without corroboration elsewhere, the Ital ian high command announced to day that the submarine Barrarigo had sunk a United States battle ship of the Maryland class with two torpero hits Wednesday just off the South Atlantic bulge of the Brazilian coast. The special communique, imply ing that the Italian submarine re mained near enough to the surface to observe the results, added that the battleship’s destroyed escort failed to “react” to the torpedoing. This rare Italian claim dominat ed the day’s developments in the war at sea which also included: 1-—German announcements that 20 more ships, totaling 111,600 tons, had been sunk by U-boats in the Caribbean and the Gulf of Mex ico and three others, amounting to 14,000 tons, in the Gulf of St. Law rence in the torpedo warfare against the United Nations, mak ing a grand total of 681,200 tons de stroyed in all areas thus far in May by German ships and planes 2.—British disclosure that the German cruiser Prinz Eugen, dam aged five days ago in a torpedo plane attack off Southern Norway, had arrived at Kiel, big German naval base on the Baltic. The air ministry has reported two definite torpedo hits and one probable on the 10,000-ton warship. Official Brazilian and United States sources at Rio De Janeiro, lommenjing on today's Italian ilaim, said they had no knowledge if any naval engagement in Brazi L an waters which, by the Italians' iwn story, would have occurred in iarkness about 25 miles from shore. The brief communique, as relay id by Stefani, official Italian news agency, follows: “On May 20 at 2:50 a. m., Rome time, off the Brazilian coast, 100 miles to the west of the island of Fernando Noronha, the submarine Barbarigo, commanded by Lieuten ant-Commander Enzo Grossi, at tacked a United States naval for mation which was steaming south ward. “The Barzarigo, cutting in be tween escorting destroyers, at a distance of several hundred meters launched a salvo of torpedoes against a battleship of the Mary land class, 32,000 tons, armed with eight guns of 406 millimeters. “The battleship was hit in the bow by two torpedoes and sank in a short space of time. The escort did not react.” The location given, 100 miies west of the island of Fernando Noronha, would place the action perhaps within earshot of the main land since that Brazilian island lies 125 miles offshore to the east. While German U-boats strove to cut the United Nations’ supply ar teries the British reported that 70 percent of the German navy’s large units were in Baltic and North Sea ports, refitting for new forays. Only the battleship Tirpitz, the pocket battleship Luetzow and the Prinz Eugene’s sister ship, Ad miral Hipper, remained at Trond heim, Norway, for operations on Ihe Soviet supply line. The Prinz Eugen had been at Trondheim, under repair from a previous attack before she started her run toward Kiel on the night pf May 17 in which she weathered the British torpedo hits. The German battleshtp Scharn horst also was reported at Kiel, undergoing repairs, as was the 6,000-ton cruiser Nuernberg, while the battleship Gneisenau, with which the Scharnhorst and Frin* Eugen dashed from Brest, France, in February, was said to be at Bal tic port and the cruiser Seidlit* at Bremen. The German aircraft carrier Graf Zeppelin, now understood to be completed, also is in the Baltic. No information was available in London on the whereabouts of the pocket battleship Admiral Scheer. safetyrazors FROZEN BY WPB All In Hands Of Manufac turers And Jobbers Must Go To Armed Services WASHINGTON, May 22.— W — The War Production Board today prohibited sale and delivery of all safety razors now in the hands of manufacturers and jobbers, and ordered them made available to the armed services. Retail stores are not affected by the “freeze,” which becomes ef fective at 2:01 a. m. Eastern War Time, Saturday. WPB disclosed that razor manu facturers, denied the use of cop per, thus far have been unable to supply the Army and Navy with razors made of substitute mater ials. Officials said that the Army would need about 700,000 razors a month during the next two months and that the only means of meet ing this demand was diversion of all except retail stocks. Meanwhile, manufacturers ex pect to develop a “war razor” with plastic handle and guard, capped with steel or zinc. No rationing of razors is contemplated, a WPB spokesman explained, since the production of plastic razors, when it gets under way, is expected to take cajre of civilian as well as military requirements. 3 13 ‘Flying Hellcats* From Clemson Join Up ATLANTA, May 22.— (£>) —The “Flying Hellcats” came down from Clemson College, S. C., today and enlisted in the Navy and formed an air squadron they hope will some day be fighting as a unit against the Axis. Thirteen of them were sworn in, were entertained, and had a chat and their picture taken with movie and radio Comedian Bbb Hope who happened to be in town. Then they headed back for Clemson and graduation before beginning flight training together. They were not superstitious about the number 18. Ranking along with The Citadel Bulldogs as one of the first college units to be formed in South Caro lina for naval aviation training, the “Hellcats" came from both Carolinas and Florida. They arc: Squadron Leader Claude Dunn, Rock Hill, S. C.; R. E. Lee, Manning, S. C.; T. 'C. Henderson, Greenwood, S. C.; W. A. Leonard, Woodruff. S. C.; J. M, Cottingham, Dublin, N. C.; W. A, Dabbs, Sumter, S. C.: W. H. Vaughan, Smoakes, S. C.; D. T. Gooden, Elizabethtown, N. C.; R. H. Strange, Sumter, S. C.; A. M. Labree Dania, Fla.; J. R. Utsey, Charleston, S. C.; S. J. Wilson, Allendale, S. C.; and Randolph Smith, Greenville, S. C. -V MEANDERING RIVER Texas’ Pecos river is so crooked, that between Carlsbad, N. M., and Pecos, Texas, which are only 90 miles apart by road, the river’s course is 700 miles long. RAPID PACKAGE DELIVERY Between • Wilmington and Jacksonville North Carolina Only Packaged of 150 lbs or Iom accepted for Transportation FOR FURTHER INFORMATION Wilmington Jacksonville Dial 3311 pi^j 3226 THE GUMPS Tilda’s Little Feathered Friend Y THIS 15 THE IP IT WERENT FOR ^ AH.VES-AS I WAS (YOU SAT WE'RE HAVING \ LAST STRAW/ MV AFFECTION FOR SATING, THE ELEMENT 1J ROAST CHICKEN FOR DINNER71 g IMAGINE HIM VOU, VO HAND IN MT OF SURPRISE PLAVS I HA/E A FEELING THAT IT / g BRINGING THAT NOTICE, MRS. GUMP/) SUCH AM IMPORTANT R**T HASNW BEEN COOKING | FRESH MAGICIAN . ^ IN THE ART OP NECROMANCY V ENOUGH-IN FACT TT"RAW -I'LL DCMONSTRATE- ITS RAW/ J\ IS IT> MAS TUAiVMl-'AU ~ i,.. | i. i SHOM 6TCP HERB. Pl«*6C?
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 23, 1942, edition 1
7
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