Railroads Lead~Stock~MarkeF
In General Retreat In Price
,r\y YORK- Dec- 7-t5>!-Rails
I®" .tock market on a mod
led tlie neral retreat today al
erate B ttcred favorites mana
though s ' the (ren(j With fair
ed to e°m
fed ad«nces' . .
■■■- . wpre depressed from
CafJV die move to get the
the Itat Commerce Commission
Inters’3 j;,ht rate and passen
o canc „ran|ed earlier in
Sel'fare „ an offset to wage in
die >,far a
'ffrmvme outlook for a rela
‘f I.,, war stemmed buying
' '1 peace group although most
: ‘ lo-pi-ilv soft armament is
°f faded to revive to any notice
, Lent. Selected stocks were
able ‘ _ e,,rn;ngS and dividends
proppca nfferingS remained
p!°,f felit side- Little bullishness
on ’ Lived from battlefront news,
'the list slipped at the opening
j while recoveries appeared
“"d and there in the final hour,
fsing declines running to a point
f more predominated.
°U, A«0ciated Press average of
rn stocks "as off .2 of a point at
®?o ipi; was the exact figure
.corded by the composite on De
,C last vear, the day be
w the Pearl Harbor blast. The
average from then on maintained
* irregularly lower course to
,Dri] 98 when it hit the 1942 low
32 a comeback then got under
war and the barometer touched
tht year's peak of 40.8 on Novem
ber '/■
Today's dealings were compara
• velv sluggish, transfers totalling
494 540 shares against 530.033 in
the preceding 5-hour stretch.
Despite the general backWfftd
e-r of the market, there was a
handful of new 1942 highs. Among
thE-e -.ere Phileo. Zenith Radio
and Eastman Kodak.
Prominent rail losers were San
ta ft. Pennsylvania. Southern Pa
cific. Southern Railway. Great
Northern. Union Pacific and Ches
apeake k Ohm. Exceptions in this
ernup were Norfolk & Western,
with a gain of 1 3-4 ana Morris &
Essex. up 3-4.
Or. The offside elsewhere were
Bethlehem. General Motors, Chry
sler. Anaconda. Kennecott. Gene
ral Electric. Du Pont. Woolworth.
International Telephone. Standard
Oil iNJ*. Sperry Glenn Martin.
Goodyear and Union Carbide.
Modest advances were retained
by Standard Oil of Ind.. Phillips
Petroleum. U. S. Steel. Montgom
ery Ward. Boeing. J. C. Penney,
Loews. American Telephone, Am
erican Can. Westing'house and Al
lied Chemical
In a mixed curb plus marks were
held by American Cyanamid “B,”
International Petroleum, Niagara
Hudson Power. Pittsburgh Plate
Glass. Shr-rwin Williams and St.
Regis Paper. Losers included Penn
road. Republic Aviation. Electric
Bond & Share and Brewster Aero.
Turnover here was 128.165 shares
versus 111.135 last Friday.
STOCK AVERAGES
30 15 15 60
Indust Rails Util Stks
Net chg .... d.2 d.2 Unch d.2
Mon . 57.5 17.4 26.3 39.8
Prev day .. 57,9 17.9 26.3 40.0
Week ago .. 57.3 17.6 26.6 39.7
Month ago.. 58.5 18.9 27.3 40.8
Year ago ... 57.5 15.8 29.7 40.0
>942 high ... 58.5 19.7 27.5 40.8
>942 tow .... 46.0 14.4 21.1 32.0
>941 high ... 63.9 19.0 35.5 45.0
>941 low ... 51.7 13.4 24.5 35.4
60-Stock Range Since 1927:
„. L 1939-40 1932-37 -927-29
nigh - 34.7 75.3 157.7
Lo"'. -- 33.7 16.9 61.8
WHAT STOCKS DID
., Mon Sat
™va!1«s .. 201 2Q4
Declines .. 3S9 180
unchanged - 229 222
total Issuer _ 769 606
--V
*EW YORK COTTON
Ah\v 5 0RK. Dec. 7—-
al8.99 18.93 18.97 Up 01
18.80al8.73 18.71 18.71noff 05
' 18-81 18.84 18.77 18.79 Up 01
j,ay - 8-67 18.69 18.63 18.63 off 01
Oct S'58 13-60 18.54 18.54 off 01
)—
The average price of middling 15-18
inch cotton today at ten designated
southern spot markets was 5 cents
a bale higher at 19.56 cents a
pound; average for the past 30
market days 19.29; middling 7r8
inch average 18.67.
-V-—
NEW ORLEANS SPOT
NEW ORLEANS, Dec. 7.—(#)—
Spot cotton Closed steady 15 cents
a bale higher. Sales 1.946. Low
middling 16.15; middling 19.40;
good middling 19.85. Receipts 1,
557; stocks 307.692.
--V—
NORTH CAROLINA HOGS
RALEIGH, Dec. 7—UP)—(NCDAi
—Hog markets steady with taps
of $13.10 at Richmond and $12.85
at Rocky Mount.
FCC TO ASSIST
SMALL STATIONS
Chairman Fly Says Some
thing Must Be Done To
Help Broadcasters
WASHINGTON, Dec. 7.— W) —
Chairman James L. Fly of the
Communications Commission said
today something must be done to
help small radio stations losing j
revenue because of the war.
He told reporters that some of
the stations were hard-pressed fi
nancially because of a decrease
in local advertising from which
they receive most of their revenue.
There was a possibility of loans
Fly said, added that this would
raise the question of giving the
government a stake in piivate
broadcasting. He also expressed
doubt of the feasibility of relief
through tax adjustments.
Fly declined to express an opin
ion on suggestions that the gov
ernment might permit the stations
to deduct from income taxes as j
business expenses the time devoted
to war bond sales and other gov
ernment announcements.
\T
N. C. POULTRY—EGGS
RALEIGH, Dec. 7—\B—(NCDA)
—Egg and poultry markets steady.
Raleigh — U. S. extras large
(clean white) 47 to 49; colored
hens 22 to 23.
McMillan’s NOMOPPIN cures sorehead
gone and „
the service!
BUY
WAR
BONDS
"Here I am with an auto that's dying on its feet. I
need public transportation more than ever, and you
go and change the service. What's the big idea?"
• Yes ne have, and you deserve an explanation.
To the extent that we have been able, we have furnished new or
additional service to war plants and government establishments.
By minimizing standing time of vehicles, and by the speeding up
made possible through reduced street congestion, we have been able
to cut the number of vehicles needed on some routes. All this has
been done in accordance with directions from the Office of Defense
Transportation in Washington.
Uncle Sam informs us that we must get the maximum possible use
out of our tires. We’ve been asked to change schedules on our
rubbe'r-tired service until we carry at least a seated load on every trip.
For that reason, service has been re-adjusted here and there, espe
dally on the lighter lines. It’s just one more step in the government’*
program to conserve materials and win the war. We know that
you’ll understand.
Cooperating uith American Transit Association
Working to Keep Transportation Roiling
TIDE WATER POWER CO.
LIBRARY GETS
79 NEW BOOKS
29 Novels And 50 Works
Of Non Fiction Now On
Shelves Of Room
■■■■■
j Seventy-nine new books. 29 nov
els and 50 works of non-fiction in
j eluding 11 biographies, were placed
in circulation by the Wilmington
iju’blic library during November,
Miss Emma Woodward, librarian,
said yesterday.
The fiction list:
| ‘The Harvey Girl.'’ Adams: "The
Shining Tree,” a Christmas story,
Borden: “Primer for Combat,”
J Boyle: “Look to the Mountain,’
Cannon: ‘‘The Heart Does Not For
get,” Colver; “Violet.” Cook,
' Voyage of the Heart.” Creed:
“Valley of Decision,” Davenport;
‘Thirty Days Hath September,”
Disney; “Wolf in Man's Clothing,”
Eberhart: “Law Man of Power
Valley,” Field; “Norma Ashe,”
Galspell: “Under the Thatched
Roof,” Hall; ‘Rim of the Desert,”
Haycox; “Man At War,” Heming
way; “House of Shade,” Home;
“ There is Today,” Lawrence; j
“Partners of the Badlands,” Lo
max; “Street of the City,” Lutz;
‘Cadet Widow,” Nielson: “Coffee
Cream,” Overstreet; “Crescent
Carnival,” Parkman: “Turning
Leaves,” Proctor; “The Three
Bamboos,” Standish: “My World
and Welcome to It,” Thurber; “The
Day Must Come,” Turbull; “Ask
Adam,” Wright; and “Time of
Peace,” Williams.
The non-fiction list:
“An Introductory Course in Phil
osophy,” Nicholson; ' Family Re
lationship.” Arlitt: “Thomistic
Psychology.” Brennan: "The World
At One in Prayer.” Fleming; Pa
tients for Hitler.” Reimann: "Men
and Volts,” Hammond: “You Don't
Have to Exercise,” Steincrohn;
“Psychotherapy in Medical Prac
tise,” Levins; “The Art of Seeing,”
Huxley, “Submarine at War,” Low
‘A Pilot's Meterology,” Halpine;
"Man Behind The Flight,” Jordan
otf: “The Land We Defend,” Ben
nett; “Mrs. Appleyard’s Kitchen, '
Kent; “Thrifty Cooking for War
time,” Winn-Smith: “Life with Ba
by,” Godwin; "Bookkeeping Made
Easy,” Sheff: “Get Tough,” Fair
bairn; “The Metropolitan Book of
the Opera,” Sanborn: ‘America's
9.3 Greatest Authors,” Burnett;
“Country Poems,” Coatsworth,
“The Murder of Lidice,” Millay;
PETROLEUM JELLY
WORLD'S LARGEST SELLERat
MANOR , \Z
ANN SHEMDAN
ill
"Wings Tor the Eagle"
With Dennis Morgan
Geo. Tobias
“A stirring story of men who
make bombers and victory possi
ble.”
Also Nett’s and Selected Shorts
11:20 — 1:23 — 3:26 — 5:29
7:32 — 9:35
‘Innocent Merriment,” Adams;
‘Treasury of Great Poems, Eng
lish and American,” Untermeyer;
"The Eve of St. Mark,” Anderson;
‘‘The Best Plays of 1941-42,” Man
tie; "Collected Poems,” Housman:
“Virginia is a State of Mind,
Moore: “Red Hills and Cotton,”
Robertson: "Big Spring,” Phillips;
‘Stump Ranch Pioneer,” Davis;
“Suez to Singapore,” Brown;
‘We’re in This With Russia,” Car
mil; “Desert War,” Hill; “Com
mando Attack.” Holman: "Napol
(&n at the Channel.” Lenanton;
"Guilt of the German Army,”
Fried; “Behind the Face of Japan,’
Ciose; “Storm Over the Land,”
rnd the following biographies;
‘"They Also Serve,” Baker: “Time
of My Life,” DeVighne; “One Pair
of Hands.” Dickens: “Morgan and
his Raiders,” Holland: “Victor Hu
go,” Josephenson; “I Remember,
1 Remember,” Maurois: “Towards
Freedom,” Nehru: “G B. Shaw.”
Pearson: “No Hiding Place.” Sea
Liook; “Castor Oil and Quinine. ’
Vandergrift and “Tobacco Tycoon,’
Winkler.
-V
Marine Corps Begins
Special Message Work
WASHINGTON, Dec. 7.—(*)—The
Marine Corps announced today
that it had instituted a speedy aftd
inexpensive means of communica*
lion which may be used from any
public telegraph, cable or radio
office in the United States to send
messages to Marines overseas. The
service is known as EFM (Expe«
ditionary Force Message) and each
message costs 60 cents, plus tax.
There are six special Christmas
texts which may now be sent, and
starting December 28 senders may
combine any three of the 103 stan
dard fixed-text messages ahd send
them as a single message.
I >(■«• Supply of
HLANKKTS
j .lust Arrived
CAUSEYS
Cornei' Market and 12th
LAST
DAY!
Gay Military Musical!
Victor Mature, Lucille Ball
L "SEVEN DAY’S LEAVE”
With a host of radio anil
screen staFs! 7 new songs!
Mid-Night Show Tonight
"WHO DONE IT?’1 ^
- - "-T—=
Bl-Y BONDS
f - ■ - NOW!
Today-Wed. & Thurs.
Comedy and Romance
Irene Dunne as the
, ‘LADY tS A JAM**
k^ With Patrick Knowing
Ralph Bellamy ^
taaaii
America Will Never Forget
"WAKE ISLAND"'
with Brian Donlevy. Robert
\ Preston, Albert Dekker
L Shows; 11-12:40-2:00
4 :20-6:10-8-9 :S0 >
1 fir (II H p. m
■ i i » (Plus Tax)
! Today Only!
Something New in Comedy
Judy Canova
LJoc fi. Brown
in
“JOAN OF OZARK”