Newspapers / Wilmington Morning Star (Wilmington, … / April 25, 1943, edition 1 / Page 15
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brigade seeking OLD RADIO SETS Organization Collecting Old parts For Use At New River Marine Base I,, you have an old radio set call Stewart at the Brigade Boys’ C''efforts to furnish old radios and L for the Marine base at New J1. . thus far have not been too '""'essful Mr. Stewart claims. !V need ns many as we can get.” 'everybody has an old battery «rt or 'radio of some sort,” the i VS’ club executive said. ‘It’s a , •' are in the attic when ,ham „t ti,e Marine base need the men at u* '""We’re not ashing them to attic for a radio. If thev Will call the club, the boys „ .search out the radio. “Those Marines really need radio parts badly." he added. XEW ORLEANS COTTON new ORLEANS. April 24—(#1— ■ The average price of middling 15 16 inch cotton today at ten de signated southern spot markets was 45 cents a bale lower at 21.12 cents a pound: average for the past 30 market days 21.23; mid ■ dling 7-8 inch average 20.19. 170—Wanted_ PRIVATE ROOM FOR YOUNG colored man single. Dial 2-2046, William Stokes, ^Jr. _ WANTED: FURNISHED ROOM for two working girls, no meals, close in. Call 2-2649. WANTED: PRESSURE COOKER in good %ondition. Dial 4701. CLASSlF!EDl)lSPLAir □ KASCO Builds Vigor Kasco’s 18 ingredients assure complete nutrition for all dogs. Kasco builds health and vigor—puts that sparkle in their eyes and gloss on their coat. KASCO Costs Less to Feed Kasco. a dry food, goes three times as far as canned food—saves you money every day. .Start your dog on Kasco and see the difference in cost to you and vitality for him. anmiiimgga COMPLETE IC l Q An # DOG RATION HHavU lijn'ilivaiHra T. W. WOOD & SONS SEEDSMEN 317 North Front St. TINY BABIES CINCINNATI, April 24._(A*)— Birth in a Cincinnati hospital of twin boys, believed by doc tors to be the smallest to sur vive in medical history, was disclosed today. Each weighed one pound, 14 ounces, and, said Dr. H. F. Conwell, in attend ance, ‘they have a fair chance t0 1,ve — one in particular.” The twins were premature by two and one-half months, Dr. Conwell reported. The mother is Mrs. Ira Morris. They were born Thursday, are fully developed “and as alike as two peas in a pod,” Bethesda hospital reported. Dr. Conwell said “they’re the smallest I have ever seen or heard of” and he quoted fel low physicians as saying they “knew of none smaller.” ‘HI-MAT? REVUE SLATED MAY 11-12 Favorite Entertainers 0 f Past Two Editions Will Be Presented Here All the favorite performers of the past two “Hi-Mate” shows will be presented in the spring edition ot the North Carolina Shipbuilding company employees’ show on the nights of May 11 and 12 at the New Hanover High school. Prominent places in the produc tion will again be held by Bobo McKenzie, Bob Page, James Gor don, Louie Keith, Frank Reisner, Larry Drinard, Rene and D’Aubor, the Cape Fear Rangers and Tom my Baker. Nw acts to appear include the Johnson Jubilee singers Kings of Harmony, Four Bright Stars, Cra ven and Raven Edwards, Ella Belle Hashagen, Dixie Pioneers, Paul Nix, Roy Sandlin, Monroe James, Happy Sam Fowler, Junior Williams and John McDougal. The newly-organized shipyard or chestra will also be featured. The cast will include about 150 persons and the show promises to be even better than the last one which played to full houses for three nights. Rehearsals for the musical revue are being held Monday. Wednes day and Friday nights at the Bri gade Boys’ club, under the direc tion of Larry Drivard. Louie E. Keith, forman of the erector department, is in charge of production. Special music for the show is being written by Bo bo McGenzie. Mrs. Keith is the rehearsal accompanist. CLASSIFIED DISPLAY ANNOUNCING— THE OPENING OF THE NANCY WILMA SHOP 112 NORTH SECOND ST. Carrying a complete line of gift items in Glassware, Pottery, Hand Wrought Sterling, Silver Jewelry, Hooked Rugs and Mountain Crafts. VISIT OUR SHOP AND SEE THE MANY ATTRACTIVE ITEMS ON DISPLAY HELP WANTED Male or Female Ticket Agents Wanted Men; draft exempt; or women. Must be able to fur nish character references and be bonded. For inter view see W. J. Murray, Seashore Transportation Co. HOLLY RIDGE, N. C. ‘RABBONI’ WILL BE PRESENTED TODAY Will Be Sung By Choir Of First Presbyterian Church At 5:30 O’clock The choir of the First Presby terian church will sing the well known Easter Cantata, “Rabbo ni,” Sunday at 5:30 p.m. under the direction of Mrs. Samuel A. Troy, Jr., choir director for the church, with E. H. Munson, church organist, playing the ac companiment. Members of other church choirs assisting in the production are: Mrs. James Murdock of St. An drew’s church and Glenwood Blomme of Temple Baptist church. The cantata opens with the “Chorus of the Prophets,” sung by the full choir. Other outstand ing features will be a tenor solo, “The Sabbath,” by Lt. Homer In gram of Camp Davis, who sings regularly with the church choir; the “Requiem of the Disciples,” sung by a mixed quartet; “The Mourners’ Song,” by a femalt chords. “The Setting of the Watch,” and “The Pharisee,” will be sung by the full chorus with tenor solo parts by Lieutenani Denis Cowan of the Marine base, “The Song of the Dawn” will be an alto solo by Mrs. James Mur dock and “The Appearance tc Mary Magdalene” will be sung by tenor, bass and soprano solo ists. The following parts bring the Cantata to its dramatic climax: “The Song of Mary Magdalene,” Mrs. Troy; “The Ascension,” Lt. Cowan; and “The Angelic Chor us,” by the full chorus. The full cast of the choir will be: Soprano, Miss Orma Jean Wil lis, Mesdames Samuel A. Troy, Jr., W. J. Kelly, Newton Fisher. Alto, Miss Peggy Mclver, Mes dames James Murdock and Charles Allen. Bass, Lt. Homer Ingram, Earle Mason, William Tolson, John Oldenbuttle, Leon Smith, Henry Meier. Tenor, Lt. Deni^ Cowan, Corporal Dowden, Glenwood Blomme and Charles Sasser. Miss Willis and Mrs. Kel ly, Mr. Blomme and Mr. Mason will also sing solo parts. PARKING WARNING ISSUED BY CROOM Fire Chief Says Violators At Hospital Will Be Arrest ed In Future A final warning to violators of the parking rules at James Walker Memorial hospital was issued Sat urday by Fire Chief J. Ludie Croom who said that in the future war rants would be issued and cases taken to court instead of placing “request” tags on illegally parked cars. "This step is taken with regret,” Chief Croom declared, “but I see no other way to prevent this dan gerous practice. We’ve warned mot orists time and again about double parking, parking in narrow drive ways, etc. If people would only re alize that such parking endangers the life of every helpless patient by creating a bad fire-hazard, I don’t think they would park at random at the hospital." The chief emphasized the only legitimate parking places in the driveways are marked with white paint. “Under present conditions as they exist, it would be physically im possible for the fire department to raise ladders or handle patients or casualties from the building in case of fire, as the driveways are almost completely blocked by automobiles,” he continued, "and it is this situa tion we are going to do everything in our power to end.” —-v OIL FOR SPAIN WASHINGTON, April 24.—GPt_ The state department said today a Spanish ship sailed recently with a cargo of lubricating oil for Spain, but insisted that no bulk cargoes of fuel oil or other petro leum products have left the United States port for that country since February, 1942. -V N. C. HOGS RALEIGH, April 24—(A>)—OMC DA)—Rocky Mount hog market steady with top of 13.85. “CLASSIFIED DISPLAY WHY NOT SELL THAT HOUSE NOW! List It With a Firm Equipped To Give The Service You Require We have prospects for any price or size of property. A Marshall Realty Company 210 Princess Street Dial 2-1752 Closing Stock Quotations BY THE ASSOCIATED PKES8 Adams Express _11% Adams Millis _27 Air Reduction _41% Alaska June _ 6 A1 Chem and Dye ..155 Alleghany .. 1% Allis Chalf Mfg _34-4 American Can . 79% American Car Fdy _34% American Fow Pow_ 4% American Pow and Lt _ 2% American Rad and St. S_ 8% American Roll Mill _13% American Smelt and Ref_43% American Sugar Ref _24% A T and T .....145 American Tobacco B.55V4 Anaconda _1.29% Arm 111 5% A T and Sf. 55% ACL . 32% Atl Ref _22% Atlas Pow _60% Aviation Corp _ 5% Baldwin _17V4 B and O _j_ 914 Barnsdall _17% Bendix Aviat _38% Bethlehem Steel _63% Boeing Airpl _18% Borden _26 Borg Warner _32% Briggs Mfg .26% Budd Mfg _ 5% Budd Wheel _ 9% Burl Mills _26% Bur Add Mach _12 Calumet and Hec _ 8% Canada Dry ......__ 20% Canadan Pacific _10 Case J I . .109% Caterpil Tractor _46 Ches and Ohio _44% Chrysler __73 Colum G and E . 4 Coml Credit _34y8 Coml Solv _14 Comwlth and Sou . % Consol Edis .18% Con Oil .10% Cont Can___31% Corn Prod _ 57% Curtiss Wright .. 8% Curtiss Wright A _24% Del Lack and W _ 9y4 duPont _144% Eastman Kodak ..HIIIIIIIIl6iy« Elec Auto Lt . 35% Elec Pow and Lt_ 4% Firestone _35% Freeport Sul ..35 Gen Electric _35y8 Gen Foods _38 General Motors__49% Gilette _ 8% Glidden _ 18% Goodrich _39% Goodyear _37% Graham Paige _ 1% Gt Nor Ry Pf _29 y> Hudson Motor _ 9 Hupp Motor _ 1% Illinois Central _14 Int Harvest_68 Int Nick Can _33% Int Tel and- Tel .12y* Johns-Manville _81 Kennecott___33 Kinney _ 3% Kroger Grocery _29% Libby O F Gla ...34% Ligg and Myers B _68V4 Loews ___54% Lorillard _ 19 Louis and Nash_71 Mack Truck .. 3ri/. McCroy Stores _ 14y, Mo K T .. lit Mont Ward . 3y^ Murray Corp .. . Nash Kelv _ 91® Nat Biscuit _ Nat Cash Reg _24V* Nat Dairy Prod . 18% Nat Dist . 31% Nat Lead . .I™ 15% Nat Pow and Lt __ 5% N Y Central _ " 18 North American Aviat "IIIIII 13% North American _ 15% Northern Pacific _ " 15% Ohio Oil . 17% Otis Elev . 18% Pac G and E _ 28% Pacific Mills ___24 Packard _""" 4% Param Pix _V..Y.Z 24% Penneq J C_ 90% Penn Dix . 39% Penn R R .. 297/8 Pepsi Cola _ 41% Phillips Pet_49% Pitt Scr and B _ 5% Pub Svc N J _ 16% Pullman _33% Pure Oil . 17% Radio _ 10% Rad K O . 7% Rem Rand _14% Rep Stl _ 17% Reynolds B _91% Sead A L _ % Sead Oil _22% oears __ 68% Shell Un _23% Socony Vac _12% Southern Pacific _27% Southern Railway _27% Speery _ 32% Standard Brands _ 6% Standard Oil Cal _35 Standard Iil Ind _31% Standard Oil N J . 53% Stewart Warner -. 11% Studebaker _11 Swift _ 24% Texas Company _49 Texas Gulf Prod _ 5% Texas Gulf Sul _40 Timken Det Ax .. 31% Transamer _ 9% Trans and West Air _17% Union Carbon _64% United Aircraft _34% United Corporation _63% United Drug _ 12% United Fruit _61% Unit Gas Imp _ 8% U S Pipe __34 U S Rubber _39% U S Steel _55% Vanadium_21 Vick Chemical __ 41 % Va Caro Chem _ 4% Warner Pic _127/s West Mary _ 5% Western Union _34% West El and Mfg _92% Wilson _:_ 7% Woolworth _ 3512 Yell T and C _ 15% Youngs S and T _35% Final Stock sales 642,190. CURB Can Marconi _ 2 Cities Service _ 8% Colon Dmt _ 3% El Bond and Sh _ 714 Gulf Oil _45% Bond Quotations DOMESTIC A C L 4% S 64 _... 70 B and O 4S 1948 . 72% Cb and Q % S 77 . 76% C and Ei Inc 97_ 40% C and W 4 S 88.. 72% Cri and P Ref 4S 34_ 27% Clev Un Term 4% S 77. 71% D and Rg West 5S 55_ 7% Fee 5 S 74 .. 30% Hud Coal 5S 62 A. 57% Hud and Man 5S 57_ 57 111 Cent 4% S 66 -. 51 Mk and T AJ 5 S 67_ 33% Mo P G 4 S 75 .. 16% NYC Rfg 5 S 2013 . 63% Nor Pac 6 S 2047 .. 74% Penn RR 4% S 65 .. 106ys Phila Rdg C and I 6 S 49_ 14 SAL 6 S C 45 .. 27% So Pac Rfg 4S 55_ 84% So Ry CN 5 S 94.101 So Ry Gen 4S 56 . 77% West Md 4 S 52 .. 90% FOREIGN Australia 5 S 55_ 85 Australia 4% S 56 _ 81% Brazil 6% S 26-57 .. 47% Rio Gr Do Sul 6S 68_ 30 D. S. GOVERNMENT Treasury 3 S 55-51 2 110.30 up .21. -V Japanese Open Twin Drives Against China I CHUNGKING, April 24.—IT)— j About 40,000 Japanese have launch I ed simultaneous offensives from northern Honan and southeastern Shansi in a converging drive against Chinese holding the Tal han mountains west of the Peiping Hankow railway, a Chinese com munique disclosed today. The communique said the Jap anese started April 16, a southern column advancing northward along the north bank of the Yellow riv er into southeast Shansi, an east ern column marching westward from north Honan toward Linhsien and a western column force driv ing from southeastern Shansi to ward Linchwan. Heavy fighting was reported in progress near Linchw'an and Linshien. -V CASH GRAIN CHICAGO, April 24—DP)—No wheat. Com No. 1 yellow 1.07; No. 2, 1.07: sample grade yellow 1.00—1.02 1-2. Oats No. 1 mixed 68 1-2; No. 1 white 70; No. & 69 1-4—1-2; No. 3, 68 1-2—3-4; No. 3 white heavy 68 3-4; No. 4 white 67 3-4; sample grade white 67; No. 1 special red heavy 69 1-4. Barley malting 92—1.07 nomi nal: hard 90—95 nominal: feed 87 —90 nominal. Field seed per hundredweight nominal. Timothy 4.75—5.00; alsike 21.00 —26.00; fancy red top 7.25—75; red clover 20.00—25.00; sweet clo ser 7 50—9.50; alfalfa 32.50—39.00. -V N. C. EGGS, POULTRY RALEIGH. April 24—W— (NC DA)—Egg and poultry markets steady. Raleigh — U. S. large (clean white) 36; colored hens 25 to 27. Washington—U. S. large 38 to 40; fowl receipts too limited to establish price basis. CHICAGO GRAIN CHICAGO, April 24—UPI—Buying orders were at a minimum in the wheat pit today and prices eased under scattered selling based upon favorable crop reports and pros pects of additional Canadian im ports to augment the feed supply. Rye was down with wheat, but oats displayed independent strength. At the close wheat was off 3-8 1-2, May $1.43 3-4-7-8, July $1.43 1-8, corn was unchanged at ceil ings, May $1.05, oats were un changed to 1-4 higher and rye show ed losses of 1-2-3-4. Attention of wheat traders was focused on a statement by Chester Davis, War Foods Administrator, that “we are arranging for im port of wheat to supplement feed supplies in the northeast” and “we hope to arrange for further im portations to help take care of feeding requirements in the south western coastal states.” Incentive to buy wheat was checked by the fact that loans on 1942 warehouse stored grain ma ture next Friday. While current prices do not permit redemptions and subsequent open market sales at a profit, it was felt that any slight advance would make such a procedure profitable, thus bring ing more wheat into the market. uats matured trading, gaining about 1-2 cent at times, but some of the gains were lost near the close in line with wheat’s easiness. Demand for cash oats was unusual ly strong, shipping sales totaling 50,000 bushels, and No. 1 white sold in the cash market at 70 cents a bushel, a new seasonal peak. Dealers said there was only a small supply1 of oats in store here. ■ Open High Low Close WHEAT— May -v. 144 144% 143% 143% Jly _143% 143% 143% 143% Dec _145% 146 145% 145% CORN— May _105 -105 Jly .105 .105 Sep _105 __105 Dec _101 .. 101 OATS— May .. 63% 64 63% 63% Jly .. 61% 61% 61% 61% Sep _ 60% 60% 60% 60% Dec _ 62% 62% 62 62 RYE— May _ 84% 84% 83% 83% Sep _ 89% 89% 88% 89 Dec _ 92% 82% 81% 92 LOW PRICED RAILS ADVANCE IN MART Utility Bonds Average A Lit tle Higher And Foreigns Are Irregular NL'W YORK, April 24—VPi—Low priced rails, including several of the reorganization issues, showed general betterment in today’s bond market. Some other carrier issues were off moderately on profit selling and industrial bonds were a shade lower on balance. Utilities averag ed a little higher. Bonds of New Haven railroad moved up 1 to 2 points on expecta tion of additional interest payments for certain maturities. Bonds of Frisco and Seaboard were in fair demand at higher levels. Other gainers were Certain-Teed 5 l-2s, Chicago and Alton 3s, Hud son Coal 5s, Laclede Gas 5s, In ternational Telephone 4 l-2s and 5s and Lake Shore 3 l-2s. American and Foreign Power jts dipped 7-8 and Atlantic Coast Line first 4s were off 3-4. Foreign bonds were irregular and U. S. governments steady in quiet dealings. Transactions totaled $7,791,000 face value against $6,772,800 the previous Saturday. BOND AVERAGES 20 10 10 10 Rails Ind. Utl For. Net Chg. _ a.l d.l a.l unc Sat _ 75.0 104.9 102.4 59.3 Prev. day ... 74.9 105.0 102.3 59.8 Week ago _ 74.7 105.0 102.3 59.6 Month ago_ 73.8 104.5 101.9 59.4 Year ago _ 64.6 103.5 93.7 47.1 1943 high _ 75.4 105.0 102.3 60.7 1943 Low _ 64.6 103.8 98.0 53.2 1942 high ... 66.2 103.8 100.6 53.3 1942 low _ 59.4 102.6 93.6 41.5 10 Low-Yield Bonds Sat _ 113.9 Week ago _ 113.8 Month ago _ 113.8 1943 high —- 113-9 1942 high _ 113.2 Prev. day ..-.— 113.9 Year ago_ 112.3 1043 low .. 112.6 1942 low_ 111.7 -V CHICAGO LIVESTOCK CHICAGO, April 24.—<7P)—(IT. S. D. A.) — Salable cattle 200. Total 200; compared Friday last week: good and choice fed steers and yearlings firm, active at close; common and medium grades stea dy; largely steer run, with good to average choice grades predominat ing; eastern order buyers bought freely, compelling big local pack ers at week-end to operate for numbers; top 17.75 paid for choice prime 1240 and 1447 lb. averages; next highest price 17.65; best 1040 lb. yearlings 17.25: bulk fed steers and yearlings 14.50 to 17.00; heif ers fully steady, average choice of ferings topping for class at 16.60. Bulk 13.75 to 16;00; medium and good beef cows 25 higher; canners, cutters and common beef cows very uneven but steady; weighty cutters closed 9.75 down; strictly good beef cows to 14.50; canners 7.00 to 8.50 according to weight and condition, mostly 7.50 to 8.00; bulls 25-50 higher; weighfy sausage hulls reached 14.00; vealers strong to 50 up at 14.50 to 16.00, medium to good grades showing most ad vance; thin light stock cattle mod erately active at 13.50 to 15.50 on medium to strictly good grades, choice calfweight yearlings reach ing 16:00. Salable hogs 500, total 7,000; no test of market: supply consisting principally of small lots medium weight and heavy hogs to sell down from 14.85, or about steady with Friday's average; shippers took none; compared week ago good and choice barrows and gilts, 180 lbs. up, 15 to 25 lower, sows 15 to 20 off. -v FOREIGN EGCHANGE NEW YORK, April 24.—(TP)—Clos ing foreign exchange rates follow (Great Britain in dollars, others in cents): Canada: Official Canadian control board rates for U. S. dollars: Buying 10 per cent premium, selling 11 per cent premium, equivalent to dis counts on Canadian dollars in New York of buying 9.91 per cent, sell ing- 9.09 per cent. Canadian dollar in New York open market 9 5-8 per cent discount or 90.37 1-2 U. S. cents. Europe: Great Britain official, (bankers foreign exchange commit tee rates) buying $4.02, selling $4.04. Latin America: Argentina official 29.77; free 25.00; Brazil official 6.05n; free 5.20n; Mexico 20.66n. Rates in spot cables unless other wise indicated. n—Nominal. -V CHICAGO POTATOES CHICAGO, April 24.—(A)—(US DA)—Potatoes, arrival® 18; on track 9; total U. S. shipments 329; old stock; supplies very light, no track trading, no sales reported; new .stock; supplies very light, demand good, market firm at ceil ings, Texas Bliss Triumphs 3.10, California long whites U. S. No. 1, 2.43 per 50 lb. sack. Market Ends Week With Selectively Forward Tilt Unlisted Stocks The National Association of Se curities Dealers, Inc., District No. 11, published the following retail prices based on quotations furnish to_.it by certain dealers as at o P. M. April 22. The association assumes no responsibility for these prices as they are only indicative “the general current market. DESCRIPTION BID ASK Acme Spinning _ 180 190 American Enka Corp Com - 61 American Trust Co (Charlotte N C) ___ 340 350 American Yarn and Process - 334 9%: Atlantic Coast Line RR of Conn. _ 34 3g Bassett Furn Indus tries -- 1514 Bibb Mfg Co. _ 110 Brandon Corp “A” __ 78 81 Carolina Insurance Co, -- 30 32 Carolina Power and Light $6 Pfd - 105 107 Carolina Power and Light $7 Pfd - 110 112 Carolina Tel and Tel 143 148% Chadwick-Hoskins __ 11 12% Chadwick Hoskins Co 8 per cent Pfd . 108 111 China Grove Cotton Mills - 83 Colonial Stores, Inc 5 percent Pfd _ __ 43"i 45% Colonial Stores. Inc . 12% 13% Dixie Home Stores, Inc - 8% 9% Dunean Mills _______ 40 44 Durham Hosiery Mills Cl “A” Pfd _ 71 Eagle Yarn Mills ... 85 Efird Mfg Co _ 90 95 Erwin Cotton Mills __ 20 22 Flint Mfg Co _ 18 19% Georgia Home Insur ance _ 23 Gossett Mills _ 62 65 Hanes, P H Knitting Com (Par $51 1314 15 Hanes, P H Knitting 7 percent Pfd _ 115 117 Home Tel and Tel __ 6% 7% Jefferson Standard Life Ins _ 26 28 Majestic Mfg Co ___ 17 18% May-McEwen-Kaiser 17 18% Monarch Mills ___ ._ 95 Mooresville Cotton Mills _ 49 North Carolina Rail road _ 160 166 National Yarn Mills 76 80 Occidental Life In surance _ 1% 1% Orr Cotton Mills_ 65% 71 Perfection Spinning 84 89 Piedmont and North ern Rwy _ 46 48 % Piedmont Mfg Co __ 31 34 Pilot Full Fashion Mills _ 5% 6 Pilot Full Fashion Mills 6% percent Pfd _ 19 21 Riverside and Dan River Mills_ 13 Vi 14Vi Riverside and Dan River Mills 6% Pfd 100 103% Rose’s 5-10-25c Stores 25 27 Smyre, A M Mfg_ 17% Sonoco Products _ 24 27 South Carolina Pow er $6 Pfd _ 95 98% Southern W e b b i ng Mills _ 8 Vi Sterling Spinning_ 80 84 Taylor Colquitt_ 27% 29% Textiles, Inc. _ 4% 5V4 Textiles. Inc 4% Pfd 16% 17% Tidewater Power $6 Pfd __- 32 35 TubiZe-Chatillon Corp 7o/c Pfd _ 107 110 Union-Buffalo Mills 7% 1st Pfd..- 106 109 Union-Buffalo Mills 7% 2nd Pfd _ 42% 45% Victor Monaghan Co 73 77 Virginia Public Serv ice 6% Pfd _ 52% 54% Virginia Public Serv ice 7% Pfd _ 58% 61 Wachovia Band and 1 Trust Co _ 48 50Vi Washington Mills .. 132 138 West Point Mfg Co __ 43 45 Wiscasset Mills _ 132 137 -y NEW YORK COTTON NEW YORK, April 24—(/P)—Cot ton futures prices slipped moder ately today on speculative liquida tion prompted by belief the gov ernment’s plan for stabilization quotations for the fiber would be released over the weekend. The market closed a little above the day's lows with active posi tions off 10 to 40 cents a bale. Trade price fixing was the prin cipal support. There was consid erable switching from near to dis tant motnhs. The range: Open High Low Close May — 20.21 -20.21 20.11 20.16 off 6 Jly ... 20.00 20.02 19.92 19.96 off 8 Oct ... 19.91 19.91 19.81 19.88 off 5 Dec - 19.87 19.87 19.77 19.83 off 4 Mch - 19.84 19.84 19.75 19.82 off 2 Spot nominal; middling 22.00, off 5. » -V MIDDLING COTTON NEW ORLEANS, April 24,—(A>)— Average price of middling 15-16th inch cotton today at ten designat ed southern spot markets was 21.12. -V CHICAGO BUTTER CHICAGO, April 24—(01—Butter, receipts 664,019; prices as quoted by the Chicago price current un changed. E’ggs 27,586; prices unchanged. Closing Gains Run To Point Or So For Favor ites After Holiday By BERNARD S. O’HARA NEW YORK, April 24—UP—In one of the fastest Saturday post holiday sessions in several years, the stock market today ended a somewhat hesitant week with a selectively forward tilt. Fractionally better prices ruled at the start for rubbers, rails, oils and specialties. While closing gains ran to a point or so for fa vorites, many leaders were neglect ed at slightly lower levels. There was an assortment of new 1943 highs in evidence. Although numerous local cus tomers stretched the Good Friday recess to Monday, commission houses reported that a pickup in both selling and buying orders from out-of-town served to expand volume. Throughout the week the list had to contend with considerable pro fit cashing by those who figured that the strong recovery since last April to the best mark since May, 1940, called for more of a techni cal correction than had been wit nessed. The generally good war news, in addition to persistent in vestment demand and the bright business picture again proved a supporting influence. Slipping tendencies on restricted activity were exhibited Monday and Tuesday. Word the president was making a broadcast Tuesday evening caused some lightening of commitments on the idea it might be another anti-inflation “hold-the line” speech which toppled prices April 9. The market rallied brisk ly Wednesday when nothing dis concerting was found in the ad dress. The recovery was extend ed a shade Thursday. The Associated Press average of 60 stocks was up .1 of a point in the final session and showed a net advance of .4 on the week. Transfers totalled 642.190 shares compared with 458,805 last Satur day. In the two-hour market after Good Friday in 1942 only 176,000 shares changed hands. Estimates of mounting earnings spurred rubbers as well as rails. Outlook for a boost in crude prices helped oils. At peaks for 1943 or longer were U. S. Rubber, Goodrich, Goodyear, Southern Pacific and International Telephone. Others in front includ ed Great Northern, Santa Fe, Standard Oil (NJ), Texas Co., Du Pont, Sears Roebuck, and Allied Chemical. Among losers were U. S. Steel, Bethlehem, General Motors, Anaconda, American Smelting and Johns-Mansville. STOCK AVERAGES 30 15 If 60 Indus Rails Util Etks Net Chg. ... a.l a.3 d.l a.l Sat. _ 68.5 25.4 32.9 48.9 Prev. day_ 68.4 25.1 33.0 48.8 Week ago_ 68.2 24.7 32.5 48.5 Month ago . 68.1 23.3 31.5 47.8 Year ago .. 46.3 14.8 21.8 32.3 1943 high .. 69.9 26.2 33.0 49.8 1943 low_ 60.2 18.3 27.1 41.7 1942 high .. 60.6 19.7 27.5 41.6 1942 low_ 46.0 14.4 21.1 32.0 WHAT STOCKS HID Sal Tliur Advances _ 375 44] Declines _ 212 257 Unchanged _ 210 199 Total Issues _ 797 897 -V STOCKS IN THE SPOTLIGHT NEW YORK, April 24—(TPl— Sales, closing price and net change of the fifteen most active stocks today. South Pac 25,300—27%; A 1%. United Corp 23,200—1%; No. Comwlth and Sou 12,500—*4; D 1-16. Int Tel and Tel 11,900—12%; A %. NY Central 11,900—18; A %. El Pow and Lt 10,900—4%; A %. Alleghany 10,200—1%; A %. Am Pow and Lt 9,800—2%; A 1%. Panhand P and R 9,500—2%; A y4. Colum Gand E 8,400—4; No. Del Lack and W 6,900—9%; A %. US Rubber 6,300—39%: A 1%. Unit Gas Imp 6.300—S'/i; D %. Goodyear T and R 6,200—37%; A %. Best Foods 6,100—14'/4; A %. -—-V NEW ORLEANS COTTON NEW ORLEANS, April 24—(/PI— Cotton futures closed 30 to 40 cent* a bale lower. Open High Low Close May - 20.50 20.50 20.42 20.46 off 8 Jly 20.30 20.31 20.24 20.27 off 7 Oct — 20.18 20.18 20.10 20.13 off 8 Dec 20.11 20.11 20.08 20.08 off 7 Jan .. 20.11 20.11 20.10 20.071 Mch 20.10 20.10 20.10 20.07b May .. 20.07b.. .. 20.03b G944) B—Bid. -y SPOT COTTON NEW ORLEANS, April 24—f-P?— Spot cotton closed steady 35 cent* a bale lower. Sales 1.875. Low middling 16.66: middling 20.91; good middling 21.36. Receipts none; stock 201.986. BARNEY GOOGLE AND SNUFFY SMITH By Billy DeBeck
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 25, 1943, edition 1
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