Newspapers / Wilmington Morning Star (Wilmington, … / Dec. 16, 1943, edition 1 / Page 12
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Liquor Situation Causes Stock Market Vibrations ■ V--- 1 Key Industrials, Rails Con tinue On Narrow And Irregular Course By BERNARD 8. O’HARA NEW YORK, Dec. 15.—UR—'The whisky situation caused about the only vibrations of note in today’s stock market. As key industrials and rails continued on the narrow and ir regular course pursued since the start of the week, buyers put on a rush for American Distilling and Park & Tilford to get some liquor at bargain prices or its money equivalent. An opening jump of 12 1-2. points in the volatile American Distilling was touched off by over night announcement of the com pany’s plan for transferring its whisky holdings to shareholders. Wall Street reports that Park & Tilford was working on an ar rangement to pass on some of its liquor inventory to shareholders at cost lifted that issue about 9 points. Park and Tilford closed near the top but distilling finish ed several points under the best. Steels, motors and most other key groups showed trifling varia tions. Union Pacific, the preferred stocks of Alleghany Corp., Pepsi Cola, Oliver Farm and American Sugar registered advances rang ing from fractions to 2 1-2 points Sears Roebuck and J. C. Penney each dropped a point or so. Of 807 different stocks traded, 302 advanced, 281 declined and 224 were unchanged. The Associated Press 60-stock composite, reflecting the selective strength of rails, was up .1 of a point at 48.9. The industrial and utility averages were unchanged. Stock exchange dealings totaled 664.130 shares compared with yes terday’s 683,070. -V CHICAGO GRAIN CHICAGO. Dec. 15—Iff)—Buying in rye futures, all of which reach ed new seasonal highs, featured an otherwise dull session in grains today. Wheat showed some strength, largely in sympathy with the action of rye, but oats were unable to make any progress. Bar ley (scored moderate advances. The buying of rye apparently was based upon the theory tha* this grain, selling below paritv, has some room for advancement before it can be placed under ceilings. Other grains are selling around the parity level, which discourages investment demand. At the same time, traders can see little reason for large-scale selling of any grain. At the close wheat was 1-8 to 5-8 higher, May $1.67 1-4-1-8, oats were unchanged to 3-8 lower, May 80 1-4-1-8, rye was up 3-8 to 1 1-2, May $1.24 1-2-5-8, and barley was ahead 5-8 to 3-4, May $1.23. Open High Low Close WHEAT Dec 1.70% 1.71% 1.70% 1.71% May 1.67% 1.67% 1.66% 1.67% Jly 1.65% 1.65% 1.65% 1.65% Sep .. . 1.64 1.64% 1.63% 1.64 OATS Dec _ 82 82 82 82 May ... 80% 81 79% 81% Jly _ 78% 79% 78% 78% Sep __ 77% 78 76% 77% RYE Dec .... 1.23% 1.26% 1.23% 1.26 May ... 1.23% 1.24% 1.22% 1.24% Jly 1.22% 1.23% 1.21% 1.23% Sep 1.20% 1.21% 1.20% 1.21% BARLEY May ... 1.22% 1.23% 1.22% 1.23 Jly * .. . 1.19 1.20% 1.19 1.19% _V NAVAL STORES SAVANNAH, Ga., Dec. 15—W— Turpentine 73 1-2 cents a gallon; offerings 164 (50 gal. bbls.); sales 9,200 gallons; receipts, 122 bar rels: shipments one barrel; stocks 44,399 barrels. Rosin, (100 lb. drums), offer ings 768; sales 683; receipts 161; shipments 460: stocks 46,701. Quote B 3.32; D 3.65; E 3.94; F 3.98; G 4.02; H 4.03; I 4.07; K 4.21; M 4.28; N 4.40; WG 6.25; WW 6.50; X 6.50. -V CASH GRAIN CHICAGO, Dec. 15 —(#)— Cash wheat none. Com, No. 4 yellow 1.11; sample grade yellow 97 3-4. Oats, No. 1 mixed heavy 85 3-4; must sample grade white 80 1-4; barley, malting 1.25-1.45 nom.; hard 1.20-1.30 nom.; feed 1.18-1.25 nom. No. 1, 1.28; No. 2, 1.24; sam ple 1.21. Feed seed, per 100 lbs., timothy 5.75-6.00 nom.; red top 14.00-15.00 nom.; red clover 31.50 nom.; sweet clover 10.50 nom. i '""I MONEY TO LOAN ON ANYTHING OP TALD1 No Loan Too Large—Non* Too lull Cape Fear Loan Office LUGGAGE HEADQUARTERS M 8. Front Bt. Dial «-UU MILL & CONTRACTORS SUPPLY CO. Deming Pumps Mill Supplies _ Machinery Contractors EqniDment 121-8 Water St. Phone 7751 Why Suffer With PSORIASIS Over 30 Days? Tonic and Salve $5.00 for BotK We Pay Postage Sold on Money-Back Guarantee Big Chief Medicine Co. M2 1-2 N. Tryon St. iM_i>i_iiCharlotte^j^C^i-iB t BUYING OF RAILS HEPS BOND MART Majority Of Corporate Is sues Maintains Steady Level During Day NEW YORK, Dec. 15-iiB—Late buying of selected secondary and reorganization rail issues helped such loans ahead fractions to around two points in the bond market today while the majority of corporate issues held about steady. Volume, chiefly accounted lor by dealings in carriers amounted to $8,346,400, face value, against $9,705,200 Tuesday. Bonds of the Baltimore & Ohio, New York Central, New Haven, Southern Pacific and Missouri Pacific all benefited from the buy ing. Alleghany incomes were up 7-8, Rock Island ars of ’88 climb ed 1 5-8, Norfolk & Southern con vertibles were 1 5-8, Baltimore & Ohio stamped "C” of ’95 advanced 2 and International Great North ern adjusted 6s gained 1-2. The rapid-moving St. Paul 5s and adjusted 5s had another hea vy day, the former finishing un changed and the latter losing 1-8 while other issues of the road ad vanced. -V Bond Quotations DOMESTIC At and Sf 4s 95 ... 119% ACL 4%s 64 .-_ 68 B and O 4s 48 ... 70 Can Pac 4s Perp_..._ 84% C B and Q 4%s 77 . 84% C and E I Inc 97 . 48% C G W 4s 88 _—.. 74% Cri and P Ref 4s 34_ 36% Cl Ut 4%s 77 .. 75% D and R F West 5s 55 ..._ 5% Fla E C 5s 74 . 35% Hud C 5s 62A .. 52 Hud and Man 5s 57_... 54 111 Cent 4%s 66 __ 48 Int Gt Nor 6s 52 .. 17 M K and T Aj 5s 67 .- 32% Mo P G 4s 75 . 23% Nyc Rfg 5s 2013 . 62 Nor Pac 6s 2047 ___ 77% Penn R R 4%s 65 .— 109% Ph Rdg Ci 6s 49 ....-. 1614 Sal C 6s 45 .. .. 27% i So Pac Rfg 4s 55_ 89% Sou Ry Cn 5s 94_....... 104 i Sou Ry Gen 4s 56_... 72% West Md 4s 52 .-_... 89 FOREIGN Aust 5s 55 __ 92% i Braz 6%s 26-57 -. 47% , Rio Gr Do Sul 6s 68 __ 30 i TREASURY 3%s 46-44 -. 100.29 , 2s 53-51 ... 100.6 2%s 69-64 Dec.100.2 2s 51-49 Dec .-.101.7 2%s 68-63 .. 100.3 -V CHICAGO LIVESTOCK CHICAGO, Dec. 15.—MV-Hag prices held steady today in a mar ket that was not quite so glutted with fresh arrivals as in previous sessions. Choice fed steers and yearlings sold steady to strong in active trading, while lamb prices were about steady after a slow start. Salable swine receipts totaled only 17,000 and about 8,000 of these were held over — a decline from previous days when 10,000 or more were left unsold. Reports, how ever, from : western markets showed receipts again were large despite restrictions at some mar ket points. The Jammed marketing situa tion was reflected in the report that although hog slaughtering un der federal inspection last week at 27 centers broke all previous records, the influx of stock at principal markets still was in ex cess of slaughtering capacity. Choice to prime steers weighing 1,220-1,259 pound, brought the top of $17, but the market for most fed steers and yearlings was $15.75 to $16.85. Medium to good grade steers closed weak. Vealers, very scarce, were rtrong at $15 down. A small number of good and choice fed western and native lambs sold for $14.60 to $14.75. STOCKS IN THE SPOTLIGHT NEW YORK, Dec. 15. — (fl») — Sales, closing price and net change of the 14 most active stocks today. Am Distill 18,400 121 up 8% Comwlth and Sou 14,600 % no Am Loco 12,500 15% up % Park and Til 12,500 66% up 8% Unit Gas Imp 12,500 2% no Sinclair Oil 9,200 11% no Cons Nat Gas 6,300 25% down 1%. Bald Loco Ct 8,600 19% up % Curtiss Wright 6,300 5% no Socony Vac 6,200 12% down % Woolworth 5,800 35% up % Int Tel and Tel 5,400 12% up % Erie RR Ct 5,300 9% up % Pac Tin Cons 5,100 4% no -V DRY GOODS NEW YORK, Dec. 15—®—Tex tile trading was quiet today as mills held to the sidelines in the face of ’’••certainties created by higher wage demans and possibili ties of increased eeilings. High priority government inquiry for goods was being passed up for the time being until the picture is clarified. Woolen goods mills awaited fur ther developments on the labor situation. Rayons were quiet. -V CHICAGO POTATOES CHICAGO, Dec. 15—Potatoes arrivals 62; on track 132; total US shipments 520; supplies light; practically no trading on account of zero weather, receivers are not opening cars for inspection. Mar ket was nominally unchanged. IdJ> ho russet Burbanks US No. 1 a few sales reported at 3.10-25 for offerings other sections no sales reported. S Time Out for Posterity Seldom-photographed Marshal Josip Broz. call ed “Tito” by his Yugoslav guerrilla followers, is pictured above as he took time out from harassing the Germans to sit for his portrait bust, modeled by Sculptor Anton Augustincic.— (NEA Radiophoto). _ Stock Market Quotations BY THE ASSOCIATED PRESS Alleghany - 2% Allis Chal Mfg . 37 Am Can -...-— 82% Am Car Fdy ...._... 33% Am Roll Mill . 12% Am Smelt and Ref _ 36% At and T .. 154% Am Tob B . 57% Anaconda ..._ 24% Arm 111 _. .._— 4% ACL . 25% Atl Ref .-. 26% Aviat Corp ——...- 3% Baldwin - 19% B and O - 5'% Barnsdall - .. 17% Bendix Aviat 34% Beth Stl .... —-- 56% Boeing Airpl _ 12% Budd Mfg ..——.....— 5% Borden _ 28% Burl Mills . 27% Bur Add Mach _ 11% Daterpil Trac _—... 43% Dhes and O -...- 45% Chrysler - 79% Doca Cola _114% Doml Credit ..—_.... 37% Doml Solv _ 14% Domwlth and Sou _... % Donsol Edis _ 21% Dont Can .....-— 35% Dorn Prod ....-- 54% Durtiss Wright _ 5% Durtiss Wright A - 15% Doug Aire - 48% Du Pont - 142% rirestone .....- 39 Den Elec _.... 36% Den Foods -- 42 Den Mot - 50 Doodrich - 40% Doodyear - — 36% Dt Nor Ry Pf .-. 24% int Harvest _... - 71% !nt Tel and Tel -- 12% rohns Man _—- 86% iennecott - 30 % bigg and Myers B - 65 boews ...._....—--- 58% borilard _—- 17 Vlont Ward --- 43% Nash Kelv __ 11% Nat Biscuit _.... 20% Nat Cash Reg -— 28% Nat Dist - — 31% Ny Cent ...._ 15% No Am Aviat - 8 Nor Pac - — 8 Nor Pac _ —-- 14% Packard -—- 3% Param Pix ......- 23% Penny J C - 95% Penn R R - 25% Pepsi Cola _.............. 51 Phillips Pet . 45% Pitt Scr and B _—4% Pullman ..._........ 37% Pure Oil _ 16% Radio _.....-— 9% Rad K O .. 7% Rem Rand _ 15% Rep Stl .- 16% Reynolds B __ 38 Sears - 86% Socony Vac —_ 12% Sou Pac -.. 13% Sou Ry .... 20 Std Brands _ 30% Std Oil N J ... 54 Stewart Warner __ 11 Swift _--_ 27 Tex Co .....- 48% Un Carb _....... 79 Unit Aire _— 25% Unit Corp _ 11 Unit Drug .i..... 14 Unit Fruit 73% Unit Gas Imp _.... 2% US Rub _ 41% US Smelt and Ref ..._ 53% US Steel ..—_ 50% Vanadium _—_ 17% Vick Chem ___ 42 Va Caro Chem ...._ 3% Warner Pic _ 11% Western Un A _—— 42% West El and Mfg _ 94% Woolworth _ 35% Final stock sales 664,130. CURB Can Marconi _ 1% Cities Service _ 12% El Bond and Sh _—. 8 -V NEW ORLEANS COTTON NEW ORLEANS. Dec. 15. —OP)— Cotton futures closed steady 50 to 70 cents a bale higher. Open High Low Close Dec .. 19.58 up 10 Mch . 19.72 19.79 19.68 19.79 up 12 May . 19.53 19.61 19.50 19.61 up 14 Jly — 10.32 19.40 19.30 19.40 up 13 Oct .. 18.95 19.03 18.95 19.03 up 10 b-Bid xr N. C. EGGS, POULTRY RALEIGH, Dec. 15—UP)— (NCDA) —Egg and poultry markets steady to firm. Raleigh—U. S. grade A large 51; hens, all weights, 22 to 25. Washington — U. S. grade A large 52; broilers and fryers 28 1-2 to 30. -V SPOT COTTON NEW ORLEANS, Dec. 15—(B— Spot cotton closed steady 65 cents a bale higher. Sales 2.258. Low middling 15.94. middling 19.59, good middling 20.04. Receipts 4, 092, stock 216,851. -V N. C. HOGS RALEIGH, Dec. 15—(B— (NCDA) Hog markets steady with tops of 13.55 at Rocky Mount and 13.85 at Richmond. -V CHICAGO BUTTER, EGGS CHICAGO. Dec. 15 —IB— Butter receipts 138,665. Eggs, receipts 6,962. -V CHICAGO BUTTER CHICAGO, Dec. 15—IB—Butter was firm today and unchanged at OPA ceilings. -V CHARLOTTE COTTON CHARLOTTE, Dec. 15— <B — Spot cotton 20.20. -V Qualities of the heart, not those of the face, should attract us.— Lamartine. FOREIGN EXCHANGE NEW YORK, Dec. 15—MB—Clos ing foreign exchange rates fol low (Great Britain in dollars, others in cents): Canadian dollar in New York open market 10 11-16 per cent dis count or 89.31 1-4 U. S. cents, down .18 3-4 of a cent. Europe: Great Britain officia1 buying $4.02, selling $4.04. Latin America: Argentina free 25.10, unchanged; Brazil free 5.20n Mexico 20.65n. n—Nominal. This Curious World By William Ferguson ^EVEN Raggs^^CANADA-T^ -^ll Yr/1 ' MEAT 5UPPLV COMES FROM S-S^SSJ COPR. 1943 BY NEA SERVICE, INC. T. M. REG. U. 8. PAT OFF. ^ _ "“An auto racer who is one" AND THREE QUARTERS LAPS AHEAD IS BEHIND THE RACER HES AHEAD OF/'-Sf** HAROLD DIETZ., /R/ctt AsAw, U//scBAr/'> THERE HAVE ALWAYS BEEN MORE SM/rt/S *N THE (j.S. THAN persons OP any OTHER NAME, ANDYSe?F NOT one has attained the^ > TEN SERVICE MEN NATURALIZED HERE Judge J. J. Burney Presides At Ceremony In Super I ior Court Room Ten service men of this locality were naturalized Wednesday morn ing by Judge J. J. Burney in the superior courtroom, according to Jennings Otts, naturalization ex aminer. Following are the boys, their former homeland, and their pres ent station: Donald Henry Tamb lyn, England. Camp Davis: Gle” ford Leopoldo Eethune, Cuba, at Camp Davis; Sergio Cerra, Cuba, Camp Davis: John Jones Pre bratek, Poland: Cam Davis: Free man Edward McFadden, Canada, Camp Davis: Herbert Seligmann. German, Camp Davis; Emile Bret ton, Canada, Morehead City: Jack Berman. Union of South Africa, Camp Davis; Joseph Thomas De sire Cormier, Canada, Cherry Point; and Robert Cook, Scotland, Camp Davis. Ten boys who were scheduled to be naturalized were unable to appear. Another group will be nat ionalized in January, Mr. Otts said. -V Senator Moore Asks Southern Democrats To Join Republicans WASHINGTON, Dec. 15— (£) — Senator Moore (R-Okla) today in vited the Senate’s southern Demo crats to join his party in oppos ing what he described as “fourth term aspirations of the New Deal administration.” Moore, one-time Democrat who switched to the Republican party after the 1940 Democratic conven tion, told the Senate “we are be ing led through sophistry into a fourth term and possible dista tors'nip.” “I share the mistrust with mil lions of others in the honesty of the New Deal administration,” he said in a discussion of the ad ministration-backed armed service voting plan, recently defeated in the -iate by .ombined Demo cratic - Republican opposition. Moore said the plan w'ould have put controlling power over next year’s election “in the hands of the president who presumably will be a candidate to succeed him self.” -V At the present annual rate of blood donations to the Red Cross, the blood donated in a year’s time would fill a 50-car train of large railway tank cars. NEW HANOVER TAX LISTING PLANNED IVill Get Under Way Jan. 3; Names Of Listers To Be Presented Soon Tax listing will begin in New Hanover county January 3, and continue through January 31, it ivas announced yesterday by rhomas K. Woody, clerk of the county board of commissioners. Names of tax listers will formal ly be presented at the next regu lar meeting of the board on Mon day, December 20. It was announced that tax list ers for Wilmington township will be on duty in the courthouse on January 3, from 8:30 until 5:30 o’clock each day except Sunday until the last day of the month. Rural townships will arrange their tax listing programs, which will be announced at a later date. Bulletins will be posted at var ious points in the respective town ships notifying the public of the times and dates of listing. -V INTERVIEFS ARRIVE CAIRO, Dec. 15—(ffl—More than 300 recorded interviews with Am erican soldiers of the Middle East and Persian Gulf service com mands have arrived here for trans-shipment to the United States to be broadcast around mid January over 80 stations. Dividend Declared By Peoples Savings Bank A five per cent dividend, as of December 20, was declared to stockholders of the Peoples Sav ings Bank and Trust company when the board of directors of the organization met Tuesday night. This is the regular three I cent semi-annual divider*, V'H two per cent extra divided® able January 2. \V ' ■ son, president of the bar I nounced. bK Hang bath towels singly r over the line. Shake when fluff up nap. Do not iron vljB SPEEDOMETER SERVICE Repairs on all popular makes Cor. 12th and Market 1755 15*5 St. John's Lodge No. 1 A. F. & A. M The call heretofore made for an emergent communication of this lodge to be holden this Thurs day evening, December 16, has been cancelled and the commu nication will not be held. By Order of the Master. Chas. B. Newcomb, Secre'Xry. ATTENTION RED MEN Special Meeting Tonight at 8:00 O’clock » J. S. Ganfield, Sachem. GIVE WAR BONDS FOR CHRISTMAS THIS YEAR GET YOURS AT THE CAROLINA! NEED A LOAN? - SEE US! Three The / Million Dollar Carolina Building and Loan Ass n “Member Federal Home loan Bank” C. M. Butler. W. A. Fonvielle, \\ n Pres. Sec.Treas. Asst. Sec -Trea, Roger Moore, V.-Pres. J. 0. Carr. Atty. | <2. Q’urr, (jeweler j $ JEWELRY AND GEFTS OF DISTINCTION N>x”t„S,”*L • BUY WAR BONDS AND STAMPS + V ►J n v We Have Some 4 Dozen U.S.No.1 MAGAZINE FEED COAL STOVES Packaged with 7 Pieces of Pipe and One Elbow For Sale, subject to certificate from local rationing board at OPA price of $4F55 plus sales tax. I DELIVERED BUT NOT INSTALLED I The Springer Coal (o jt j DIAL 5261 \ Foot of Chestnut St. 18th & Dawson Sts. | ■---— I ( « IVY / . >/ WHEN the cares, worries and anxieties ol the day bring on a Jittery, nervous headache, you will And Capudlne a great blessing. Capudlne contains ingredients which are celebrated all over the world for their effectiveness in relieving this type of headache. Capudlne not only quickly relieves the headache but also gently soothes the upset nerves and brings restful relaxation. Be cause Capudlne is liquid it saves time—there's no waiting for it to dissolve either before or after taking. Use only as directed. Capudlne, 10c, 30c, 60c. I I KEEP IT INSIDE THIS YEM! As a further conservation step toward Victory, ornamental lighting on Christmas trees in the coming holidays is to be con fined to trees inside private homes . .. according to a recent announcement by Mr. J- ^ Krug, Director of the W ar uti lities Division of the War 1 re duction Board. The follow ing taken from Mr. Krug’s state ment: “Government and industry have combined in a nationwide conserva tion campaign to save critical fuels and materials necessary to produce and consume electricity. I am asking the American people to refrain Irom the Christmas lighting custom as a part of that campaign. Electric light bulbs are particularly short at present and strict conservation is necessary. Widespread consumption of bulbs during the Christmas season merely will mean a greater scarcity later on.” TIDE WATER POWER CO i ---:-A
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Dec. 16, 1943, edition 1
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