Newspapers / Wilmington Morning Star (Wilmington, … / May 26, 1942, edition 1 / Page 7
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Trends Generally A Shade Lower On New York Stock Exchange DECLINES extend to POINT OR MORE Outstanding Buying, Sell ing Incentives Lacking In News Budget w£\V YORK, May 25.—(TP)—There ‘ scattered modest advances in jgj.-s stock market but trends '““pally were a shade lower. p^ices held to a fairly steady area ;t ^ start. Steels soon began to !lin and bids for leaders elsewhere !‘ere withdrawn. It was a slip-shod session from then on and, at the the clo'e, declines of fractions to , DOint or so were in the majority. The Associated Press average of ,n stocks ended with a net loss of l of a point at 34.1. Of 548 indivi dual issues traded, 215 were down, 140 up and 193 unchanged. Trans fers of 233,270 shares were among ,1,. smallest since August, 1940. They compared with 329,460 last Outstanding buying or selling in rentives, brokers said, were lack ing in the news budget. Conflict ing Russian and Nazi claims in the fierce and long-drawn out battle for Kharkov caused many custo mers to adjourn to neutral terri tory War bulletins from other sec tors'also provided nothing much in the way of bullish arguments. The doudv tax program persisted as a speculative and investment handi C3Bethlehem Steel dropped nearly , points to a new 1942 bottom but attracted a little support at the last and finished off % to 50%. U. S gtecl conceded % and Republic Heel %• Youngstown sheet, on the other hand, wau up %. Expecta tion of expanding tax pressure on steel companies and other war producing industries was a factor jo some of the day’s offerings. Caterpillar Tractor, J. I. Case sod J. C. Penny were losers of about a point each. Lesser reces sions were posted for General Motors. Chrysler, Western Union, U S. Rubber, Woolworth, Doug las Aircraft. Sperry, Westinghouse, General Electric, Anaconda, Texas Co. and Great Northern. Liggett and Myers “B” gained a point and smaller plus marks were retained by Montgomery Ward, Sears Roebuck, Santa Fe, Southern Railway. Union Carbide, International Harvester, Boeing, United Aircraft, U. S. Gypsum and Air Reduction. Bonds were as uneven as stocks. While corn at Chinago was un changed to up 2 x 1 of a cent a bushel, wheat eased % to %. Hogs advanced 10 to 15 cents. Cotton fell 60 cents to 1.05 a bale. A trifle under water in the curb were Brewster Aero, Cities Serv ice, Electric Bond and Share and International Petroleum. Minor gains were registered for Ameri can Cyanamid, Glen Alden Coal and American light. Turnover were aggregated 46,345 shares versus 38,840 in the preceding full session. STOCK AVERAGES 30 15 15 60 Indust Rails Util Stks Net change .unch d.l d.l d.l Monday _ 49.2 14.8 23.2 34.1 Prev. day __ 49.2 14.9 23.3 34.2 Month ago .. 46.3 14.9 21.5 323. Year ago_ 55.7 16.5 30.4 39.0 1941 high_56.0 17.6 Uf.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 54.3 157.7 Low _ 33.7 16.9 61.8 -V CHICAGO LIVESTOCK CHICAGO, May 25—UP>— (U. S. Dept. Agr.)— Salable hogs 12,000, total 18,000; generally 10-15 higher than Friday's average: top 14.50; bulk 180-330 lbs 14.25-45; good and choice 160-80 lbs 14.00-35; few lots lacking finish around 13.50 and be low; good 400-550 lb sows largely 13.85-14.10; shippers took 1,0 0 0; holdovers 2,000. Salable cattle 19,000, calves 1, 000; strictly good and choice fed steers and yearlings 25 lower; top U.50: next highest 15.00: largely 12.50-14.50 market; common and medium grades weak to 25 lower; heifers mainly 10-15 off; choice heifers up to 14.50; cows fully steady With cutters at 9.50 down; most fat cows 9.75-10.75; bulls shade higher: weighty sausage of ferings to 11.10; vealers fully steady; 15.50 down. Salable sheep 4,000, total 6,000; fat lambs slow, around steady seven doubles 78-80 lb California springers 15.00-25; one deck-5.35; choice native springers 16.00; best clippers 14.50; several doubles 14.00 upward; one double medium good 81 lb wool skins 14.25; odd lots fat shorn ewes 7.00 down. 5 -V New ORLEANS COTTON new ORLEANS, May 25.— Lotton futures were easy here to ?a-v under long liquidation and hedege selling. The market closed steady 12 to 18 points net lower. Open High Low Close - 19.23 19.23 ‘19.00 19.02 off 18 Oct. . 19.63 19.63 19.44 19.49 off 14 Vec' - 19.77 19.77 19.58 19.65 off 13 - 19.79b_19.66b Mch. _ 19.92 29.93 19.77 19.80 off 12 May 20.03 20.03 20.02 19.90b B-Bid. -v- : NAVAL STOKES SAVANNAH, Ga., May 25.—(A3)— Turpentine 55; offerings 118; sales S.900 gallons; receipts 239; ship ments 102; stocks 7,122; rosin; of fings 1,034; sales 340; receipts ®'°l shipments 180; stocks 50,911. Quote: B 2.21; D 2.44; E 2.54; F ^63; G 2.82; H 2.80; I and K 2.90; f 3.03; N 3.10; WG 3.15; WW and X 3.20. 'Saturday’s shipments and. re wipts included.) - Closing Bond Quotations BT THE ASSOCIATED PRESS ... home owners LOAN 2%s 44-42 - 100.14 DOMESTIC At and Sf 4s 95. may. B and O Cv 60 St.HI" 19% Can Pas 4s Perp__ 70% Cb and Q 4%s 77 .. 69 Chi and E 111 Inc 97_ 22% Chi Gt West 4s 88_ 67% Cri and P Rfg 4s 34.1. 12% Clev Un Term 4%s 77c_ 59% D and Rg West 5s 55. 3% Hud Coal 5s 62a_ 41 Hud and Man Rfg 5s 57_ 45% 111 Cent 4%s 66 —. 43 Lou and N 4% 2003 .. 93% Mk and T Aj 5s 67. 16% Mo Pac Gen 4s 75_1 3 NYC Rf 5s 2013 —. 49% Norf and W 4s 96_125% Nor Pac 6s 2047 —. 63 Penn Rr Gen 4%s 65 - 102% Seab A1 Cn 6s 46.. 8% So Pac Bfg 4s 55-- 67 So Ry Cn 5s 94_ 90% So Ry Gen 4s 56___ 65% Third Ave 4s 60_ 53 West Md 4s 52_ 86% FOREIGN BONDS Brazil 6%s 26-57 .. 28% Rio Gr Do Sul, 6s 68 _ 13% Final bond Sales (in dollars.) Total today 4,638,700. Previous day 2,329,900. Week ago 5,147,300. Year ago 3,790,000. Two years ago 3,855,700. Jan. 1 to date 949,161,300. Year ago 930,258,775. Two years ago 728,008,62§. Closing Stock Quotations BY THE ASSOCIATED PRESS Adams Exp _ 6 Air Reduction_ 31 Alaska Jun _ 2% A1 Chem and Dye_123% Allis Chal Mfg ___ 23 Am Car Fdy ..._ 21 Am Coml Alco_ 8% Am Pow and Lt_ 9-16 Am Rad and St S _ 4% Am Rad Mill _ 9% Am Smelt and Ref_ 36% ATT __ 116 Am Tob B_ 41 Anaconda _ 23Vi Arm 111 _1__2% A T Sf . 34y8 ACL .. 20% Atl Ref .1. 15 Vi Aviat Corp __ 2% Baldwin _10% B and O _ 2% Barnsdall _ 8% Bendix Aviat_ 29% Beth Stl . 50% DECLINES NOTED ON GRAIN MARKET Corn Only One To Show Strength, But Its Gains Are Wiped Out DECLINES NOTED.. CHICAGO, May 25.—(JP)—Corn was the only grain to show much strength in today’s market but gains of about % cent in the yel low cereal were virtually wiped out before the close. Buying associated with brisk in dustrial demand for corn along with trade reports that increased amounts of grain will be diverted into alcohol manufacture account ed for most of the strength. Later, this support disappeared in view of the weakness of other commodi ties. The corn pit was forced to absorb unusually large hedging sales in connection with the big gest volume bought to arrive here in some time. Wheat was off as much as % cent late in the session and closed %-% lower than Saturday, July $1.20%-%, September $1.22%-% Corn was unchanged to % higher, July 88, September 90%-%% oats unchanged to 7/g off; soybeans % % lower; rye %-% down. Open High Low Close WHEAT; Jly.120% 121% 120% 120% Sep.123% 123% 122% 122% Dec. ..126% 126% 125% 125% CORN: Jly. 88% 88% 87% 88 Sep. _ 90% 90% 90 90% Dec. 93 93 92% 90% OATS; Jly. _ 52% 52% 52 52% Sep. .. 52% 52% 52% 52% SOYBEANS; Jly, old_178% 178% 177 177% Jly., new .. 179% 179% 178% 179% Oct. _172% 172% 171% 171% RYE: Jly. 71% 71% 70% 70% Sep. 74 74 73% 73% Dec. . 77% 77% 76% 76% LARD: Jly. 12.60 12.65 12.60 12.65 Sep. 12.80 -V-^ NEW YORK COTTON NEW YORK, May 25.—(iP)—Cot ton futures sagged steadily throughout today’s trading session, closing near the lows, 80 cents to $1.05 a bale under Saturday’s fin ish. Persistent liquidation was not heavy at any time. The selling or ders were from New Orleans and local traders, apparently cautious in anticipation of hedging expect ed to follow May O'nvnodity Cred it Corp. Sales allotments. Another factor observers said had an influence on cotton was the continued uncertainty over farm legislation being considered in Washington. The range: Open High Low Close Jly. _ 19.20 19.20 18.98 18.98 off 21 Oct. 19.40 19.40 19.25 19.25 off 16 Dec. . 19.55 19.55 19.39 19.39 off 17 Mch. . 19.71 19.71 19.54 19.54 off 18 May . 19.81 19.81 19.63 19.63 off 20 Spot nominal; middling 20.52, off 21. -V-- • DRYGOODS MARKET NEW YORK, May 25—(B—Sales of grey goods for nearby delivery consisted of small lots today and traders looked for some increase in mill releases due to lower raw cotton prices. Movement of rayon piece goods picked up slightly after the stabili zation of price schedules. Business in woolen goods was at a stand still. 5 --V NEW ORLEANS COTTON NEW ORLEANS, May 25—M— The average price of middJ ng 15 16 inch cotton today at ten des ignated southern spot markets was 21 points lower at 19.64 cents a pound; average for the past 30 market days 20.10; middling 7-8 inch average 19.01. 5 ---V WHAT STOCKS DID Mpp. Sat. Advances _ 140 141 Declines ---215 142 Unchanged _193 156 Total issues .. 548 439 Boeing Airpl_ 14 >4 Borden _ 18% Borg Warner _„ 22% Briggs Mfg___ 17 Budd Mfg _ 2% Budd Wheel _ 6% Burl Mills _ 17 Bur Add Mach _ i Calumet and Hec_ 6% Can Dry _ 10% Can Pac _ 4 Case J 1 _ 61 Caterpil Trac _ 31% Ches and O _*_ 28% Chrysler ...._ 57% Coca Cola .1_ 70% Colum G and E_ 1% Coml Credit _ 20% Coml Solv ...i_ 8 Comwlth and Soil_ 3-16 Consol Edis _ 12% Con Oil _ 4% Cont Can _ 24% Corn Prod _ 46% Curtiss Wright _ 6% Curtiss Wright A_ 20% Davison Chem _ 9% Del Lack and W . 2% Doug Aire ..... 52% Dow Chem _ 99 DuPont . 106% Elec Auto Lt _.' 25% Elec Pow and Lt _ 1 Freeport Sul - 30% Firestone _ 15 % Gen Elec - 24% Gen Foods - 28% Gen Mot _ — 35 Gillette . 3% Glidden .... 14 Goodrich _ 17% Goodyear _ 15% Graham Paige - % Gt Nor Ry Pf .. 21 Vs Hupp Mot _ % 111 Cent _ 5% Int Harvest _ 44% Int Nick Can _ 26% Int Tel and Tel_ 2% Johns Man ___ 53 Kennecott _ 27 Kroger Groc - 24% Libby OFG1. 25% Ligg and Myers B ...- 60 Loews ___ 40 Lorilard _ 13 Mack Truck _ 29% Mont Ward _ 29% Murray Corp _ 5 Nash Kelv _ 5% Nat Biscuit _ 14 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 Avit _ 10% North Am_ 7% Nor Pac _ ... 5% Ohio Oil _ 6% Pac G and E _ 17% Pac Mills __ 16% Packard _>_ 2 Param Pix _ 13% Penny J C _ 63% Penn Rr _ 20 Pepsi Cola _ 20 Phillips Pet . 24% Pitt Scr and B _ 4 Pub Svc N J. 10 Pullman _ 22 Pure Oil _ 714 Radio _ 2% Rem Rand _ 7% Rep Stl _ 13% Reynolds B _■- 23% Seab Oil - 11% Sears .-.— 50 Soconv Vac _ »% Sou Pac . I"1.' cou Rv __- 12% Sperry - 23% Std Brands - 314 Std Oil Cal —. 19% Std Oil Ind . 21% Std Oil N J -—-.— 34 , Studebaker . 4% Swilt ....-. 22% Tex Corp - 32% Tex Gulf Prod. 2% Tex Gulf Sul . 29 Timken Det Ax - 24 Transamer . 4 Trans and West Air. 9% Un Carb - 62% Un Pac .-.—— 70 Unit Aire - 25 Unit Corp .. % Unit Fruit ..C. 52% Unit Gas Imp .— 3 4 US Ind Alco . 26 US Pipe . 22% US Rub .. US Smelt and Ref -. 40% US Steel .. 44% Vanadium - 15 Va Caro Chem . 1 Warner Pic ..— 4 4 Western Union- 25% West Elec and Mfg. 67 Wilson .—. 3% Woolworth - 24% Yell T and C . 10% Youngs S and T.—29% Final stock sales, 233,270. CURBS Assoc G and El A- 1-32 Can Marcono - 5-16 Cities Svc - 2% El Bond and Sh - 1 -V STOCKS IN THE SPOTLIGHT NEW YORK, May 25—(/P)—Sales, closing price and net change of the fifteen most active stocks to day. Comwlth and Sou 8,300, 3-16-1-32 Pepsi Cola 8,200, 20 no. Beth Stl 5,100, 50%-%. Curtiss Wright 4,100, 6% no. US Steel 3,900, 44%-%. Pan Am Airways 3,700, 16% no. Gen Motors 3,600, 35%. Gen Elec 3,500, 24%-%. N Y Central 2,800, 25 up %. Unit Gas Imp 2,500, 3% no. Cons Edison 2,300, 12%-%. Dome Mines 2,300, 9%-%. Mont Ward 2.200, 29% up %. Woolworth 2.300. 24%-%. RAILROAD BONDS IN BROAD DROP Industrial And Utility Lines Hold Steady During Trading Session NEW YORK, May 25.—(/P)—Rail loans declined broadly in a quiet bond market today. Industrial and utility liens were steady. Among carrier issues down a point or more at the close were Santa Fe 4s of 95 at 90 1-2, Balti more and Ohio stamped convert ibles at 19 1-4, Illinois Central 1 3-4s at 43, N. Y. Central 5s at 49 7-8, nichel plate 4 l-2s at 63, Northern Pacific 6s at 63, Cleve land Union Terminal 4 l-2s at 59 5-8, Union Pacific 3 l-2s at 96 1-2 and Western Maryland 4s at 86 1-2. Recording gains of 1 to 2 were Chicago railway 5s at 57, New Haven 3 l-2s of 47 at 32 1-2, and Brooklyn Union Gas 5s at 91 1-4. Loans of Brazil, Panama and Rio de Janeiro showed moderate gains in the foreign department. U. S. governments were firm. Transactions of $4,638,700 face value were the smallest for a five hour session since Sept. 22 and compared with $7,037,900 Friday. BOND AVERAGES 20 10 10 10 Rails Indus Util For Net change _ d.3 unch a.l unch Monday . 62.5 103.6 94.1 47.7 Prev. day ... 62.8 103.6 94.2 47.3 Month ago ... 64.6 103.4 93.7 47.4 Year ago _ 64.5 104.4 100.8 44.5 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 Monday _ 112.1 Month ago _ 112.2 1942 high _ 113.1 1941 high ,_ 115.1 Prev. day _ 112.1 Year ago _113.0 1942 low_ 111.7 1941 low _ 112.1 -V Snap Bean Prices Slightly Weaker RALEIGH, N. C„ May 25—(41— The State Department of Agricul ture reported “slightly weaker price trends’’ for snap beans on North Carolina auction markets to day. Prices to growers were: Burgaw — Various varieties, bushel hampers, $1 to $1.75, most ly $1.25 to $1.40. Clinton — Green round type, bushel hampers, $1.60 to $2.10. Mount Olive— Bushel Hampers, wax ttpe $1.85 to $2.35; string less Black Valentines, $1.75 to $2.25 Bountifuls, $1.40 to $1.65. Tabor City & Various varieties, bushel hampers, 70 cents to $1.25, mostly 85 cents to $1.10. Dewberries netted from $2.80 to $3.70 a 24-quart crate and various varieties of squash from 40 cents to $1 a bushel in Clinton, while huckleberries brought around $5.60 a crate and various types of squash mostly $1.25 per bushel in Mount Olive. 5 -V FOREIGN EXCHANGE NEW YORK, May 25.-For eign exchange closing rates follow Great Britain in dollars, others in cents) Canada: Official Canadian con trol board rates for U. S. dollars buying 10 per cent premium, sel ling 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 71 1-16 per cent dis count or 88.93 3-4 U. S. cents, up 1-16 cent. Europe: Great Britaip, official, (Bankers Foreign Exchange com mittee rates) buying $4.02, selling $4.04 open market; cables $4.04. Latin America: Argentine offi cial 29.77; free 23.63, up .01 of a cent; Brazil official 6.05.o; free 5.20n; Mexico 20.67n. (Rates in spot cables unless oth erwise indicated) N-nominal 3 -V CASH GRAIN CHICAGO. May. 25—UP)— Cash wheat, No. 2 mixed 1.19 1*2. Corn, sample grade mixed 58: No. 1 yellow 87 3-4-88 3-4; No. 2 86 3-4-87 3-4; No. 3, 86 1-4-87 3-4; No. 4. 85 3-4; samole grade yel low 77 1-2; No. 4 white 96 1-2. Oats No. 1 mixed 53 1-2-3-4; No. 1 white 54 1-2; No. 2, 54-54 1-2; No. 3 52 3-4-53 1-2; sample grade white 51 1-2. Barley, malting 83-1 03 nominal; feed and screenings 58-67 nominal; No. 2 barley 1.03. Soybeans No. 3 yellow 1.2; No. 3 mixed 1.60. 5 -V SALES TA X South Carolina had a sales tax in operation 111 years ago. 4 -this Curious world f A HUGE SKELETON, CONCOCTED FROM VARIOU% TYPES OF FOSSIL BONES FOUND IN ALABAMA, ONCE WAS EXHIBITED ALL OVER EUROPE \ AS A O/A/s/rSA A S&&A&AV7S COPR. 1942 BY NEA SERVICE. INC. U.S. employment service HAS FOUND 1,856 DIFFERENT JOBS IN WAR. INDUSTRIES THAT ARE SUITABLE FOR T. M. REG. U. S. PAT. OFP. .5-25 < COLLEGE YEAR. ENDS WITH ITS COMMENCEMENT," Says T. S. Parker , Superior., Wisconsin. Ground Crews Needed To Keep Planes Flying W__ BUFFALO, N. Y„ May 25—(ft— “We are in the business of making airplanes and we are making air planes of extermination,” Presi dent Lawrence D. Bell of Bell Air craft Corporation said today. Bell’s problem, he said, is not a question of production—“which has already been settled satisfac torily” — but a need for exper enced ground crews to keep the planes in condition to fly. The Bell Airacobra, the most deadly ship manufactured for pur suit fighting, is now being flown to battle stations in various parts of the world. It is a fast, reliable LEWIS, MURRAY BURY HATCHET Miners Applaud Loudly As They Shake Hands, Ending Long Fued WASHINGTON, May ;25— UP — John L. Lewis and Philip Murray, reported estranged, met face to face for the first time in months today and observed all the ameni ties of polite company as the pol icy committee of the United Mine workers convened without unto ward incident. Although neither the miners’ chieftain nor their vice president would personally confirm w hat happened behind the closed doors, competent observers said Lewis offered Murray the floor and Mur ray, accepting, rose and expended his hand. Lewis took it and there was a rising applause. Murray, it was further reported, compliment ed Lewis in his speech for h i s “distinguished leadership.’’ Lewis, delivering the opening address, described himself as a “one-union man” since November, 1940, when he yielded the presi dency of the CIO to Murray. He had pledged himself To resign if Wendell Willkie was not elected president. Lewis was understood to have added that the Miners’ Union had no place for cliques or di visions caused or inspired by any one’s ambitions. Some individuals, some unions, and some nations cannot stand success, he was re ported to have told the meeting. -V Civilian Defense Tuesday, May 26th: General Course, High School, room 109. at 8 p.m. Instructor: McKean Maffitt. Wednesday, May 27th: Gas De fense B, High School, room 109, at 8 p.m. Instructor: Steve Prevost. Thursday, May 28th: First Aid 20 hours, South Side Baptist Church, at 8 p.m. Instructor: Leo Sykes. 5 ship, powered by a liquid-cooled engine, with a number of guns in cluding one cannon. “What we need, now that the problem of plane production is set tled, is enough men to keep the ships operating,” Bell told cor respondents on the National Asso ciation of Manufacturers “Produc ton for Victory” tour. “An airplane pilot is a tempera mental engineer who knows how to fly the ship, shoot the guns and bring her back to where she came from without anything missing. But the men we need—not only here but in other countries where our ships are flying—are ground crews which can see that the planes are properly filled with gas oline, tested for firing accuracy and which will not let our boys down when they get up in the air. Women are becoming iricreasng ly more important in the airplane industry, Bell declared, because they are willing to accept work under almost any condition and “they have a greater desire to get the job done than men.” Bell disclosed for the first time that his Airacobras are being flown to their fighting stations. With spe cial equipment which has recently been added to these planes, they can make the long hops necessary. His ideas about war, as the curt, hard-spoken executive talked to correspondents, were boiled down to “vie are likely to be extermi nated and we’ve got to fight to live.” “We hope to win this war in 1942,” Bell said, “but this is not a war of combat—it’s a war of extermination. We are making tha exterminating machines, we can keep on making them, but what we need are the ground crews to ‘keep ’em flying.’ ” 5 -V CHICAGO BUTTER . CHICAGO, May 25.—(fP)—Butter was easier today: 93 score 37 1-4; 92, 36 1-2; 91, 36 1-2; 909, 36 1-2; 89, 35 1-2; 88, 35; centralized car lots: 90 score 36 1-2; 89, 35 3-4. -V CELESTIAL FOOD The Aztec Indians called corn “teocentli,” meaning food of t h e gods. 180 Legal NOTICE TO HOLDERS OF HOME OWN ERS’ LOAN CORPORATION ° 1-4 PER CENT BONDS, SERIES G—1942 44, CALLED FOR REDEMPTION ON JULY 1, 1942 “The Secretary of the Treasury is to day offering holders of Home Owners’ Loan Corporation Series G Bonds, called for redemption on July 1, 1942, an op portunity to exchange these bonds for 1 1.2 per cent Treasury Notes, maturing December 15, 1946. Holders of the called bonds who desire to exchange them should take immediate action, either through their own bank or through the Federal Reserve Bank of their district. JOHN H. FAHEY, Federal Home Loan Bank Commissioner. Washington, D. C., May 25, 1942.” RUSSIANS LIKE U.S, WARPLANES But They Offer Sugges tions On How They Could Be Improved WITH THE RED AIR FORCE ON THE EASTERN RUSSIAN FRONT, May 25.—UP)—1The Soviet pilot wrinkled his weatherbeaten brow and scowled at the words, “don’t step,” lettered in English on the wing of the plane, and ask ed in Russian, “what does that mean?” The squadron leader translated the words, the pilot grinned and nodded. He knew better than to step there anyway. Clambering over the side he settled back in the cockpit. That was his introduction to one of the American aircraft now pour ing into service on the eastern front and an illustration of only one of the multitude of problems of putting the planes into action. Airacobras, Kittyhawks and Tomahawks now are flying along this front and more are coming in steadily. At the airport where I saw some of these American planes they were based with the hurricanes de fending Msocow. “Our fliers like American and British planes,” said Lieut. - Col. Mikhail Ivanovich Korolev, of the Moscow anti-aircraft defense. “The United States and Great Britain have fulfilled their commitments to date. But the quantity and qual ity must be increased. We are fighting to rout Hitler in 1942. As you know the Soviet union has vast space for thousands and millions of motors.” The fliers, standing around the machines, had lots of suggestions for the improvement of planes and to the solution of the problems of their assembly and operation in Russia. TJie squadron interpreter had a tough nut to crack. The planes are assembled by Russians, sometimes but not always with the nelp of British technicians. Their crates, cockpits and fuselages are covered with instructions in English. Some times the interpreter can’t find the American technical words in an English dictionary. That problem could be solved, he said, if some one sent him an American diction ary. The pilots’ principal concern over the Airacobra was its landing gear. They suggested that the front wheel dropping from the nose of the plane should be strengthened for use on rough fields and the plane itself should be lightened. On the Tomahawk they said the armor was too weak and flat in stead of oval-shaped, and the radio unusable for a distance of more than six miles from the airport. The Kittyhawk's radio antenna, stretching out on each side of the cockpit, also was a cause for con cern ;/s it migh: prevent the pilot from bailing out. Above all, they said, American tools and spare parts, principally sparkplugs, were needed. 3 -V SPOT COTTON CHARLOTTE, N. C., May 25— iff]—Spot cotton 19.90. 5 FOIL TIRE THIEVES We brand your license or any other number on both sides of each tire. Investigate at once. CAUSEY’S Comer Market and 12th Technical Courses For Non-College Groups Will Open RALEIGH, N. C., May 25.—W— A new series of technical courses to train non-college men and wom en for jobs in war industries and government work essential to the war effort will begin at N. C. State college next month, director Edward W. Ruggles of the college extension division announced to day. Women are urged to enroll in any courses in which they meet qualifications for admission. The courses will last from 10 to 20 weeks, with the federal govern ment paying all expenses except the students’ subsistence and text books. Starting dates, with the length of the courses, are: June 8, aircraft inspection, 12 weeks; architectural engineering and drawing, 16 weeks; chemical testing and inspection, 10 weeks; electrical distribution, 15 weeks; engineering drawing, 12 weeks; fabric testing and inspection, 12 weeks; instrument men and topog raphers, 12 weeks; materials test ing and inspection, 12 weeks; pro duction engineering, 12 weeks; and ultra - high frequency techniques, 12 weeks. June 30, aircraft instruments, 12 weeks. June 1, radio communication, 20 weeks. 3 -V SPOT COTTON NEW ORLEANS, May 25.— (/P)— Spot cotton closed steady 18 points lower. Sales 789. Low middling 16.12, middling 19.42, good middling 19.87. Receipts 601, stock 468,747. You are the most important per son in the world to an advertiser. What you think means more to him than anything else in the world. What you want is his prime con sideration. Your opinions either make the ad vertiser successful or causes him to drop by the business wayside. He stocks the items he thinks you'll want to buy. There’s no point or reason for stocking any others. He offers the services he thinks you’ll appreciate most. Your appre ciation of them is his only reason for offering them. The average retailer has set up an informal but nonetheless exten sive research laboratory designed to analyze your desires and interests. He knows that it's far easier to sell the thing you want than to “switch” you to other items. H6 knows that “talking you into some thing” is much more difficult than filling your needs. He thinks it’s foolish to sell "the hard way’’ when you’re in the market for so many immediate purchases. In his advertising, he sincerely tries to show you that he has what you want. He earnestly wants his merchandise to answer your desires. He is completely at your mercy. Unless he shows you that he can benefit you in some way, he fails to get your business. His personal opinion means noth ing. It’s what you think that makes or breaks him. That’s why good advertising for gets the advertiser and looks at everything from the consumer’s standpoint. RAPID PACKAGE DELIVERY Between Wilmington and Jacksonville North Carolina Only Packaged of 150 lbs or Ism accepted for Transportation y FOR FURTHER INFORMATION Wilmington Jacksonville Dial 3311 Dint 3226 THE GUMPS Guaranteed To Prevent A Breakdown ______ ____... . . d
Wilmington Morning Star (Wilmington, N.C.)
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May 26, 1942, edition 1
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