Newspapers / Wilmington Morning Star (Wilmington, … / Jan. 6, 1946, edition 1 / Page 9
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■ This Funny Wdrld “Well, well, if it isn’t Sergeant Burke—my old top kick!” I ARKANSAS RETAINS I COACHES FOR YEAR FAYETTEVILLE, Ark., Jan. 5 : _(1jp)_Two Arkansas University I Assistant coaches, who had re I ceived notice that they were being ! ljre(i before the expiration of their I contracts, today scored a victory H when they were notified that they’d I remain on the payroll until the end I ot the school year. The men are John (Bud) Tomlin I and Clyde Van Sickle, both aids | t0 Head Coach Glen Rose who re I signed last month. . Two university faculty commit I tees threw their weight behind the I two coaches yesterday, after the I men had been told that their serv I jces would halt Jan. 1, despite I contract clauses which called for I six months’ notice. The Jan. 1 date presumably was I set by the board of trustees since I Rose's resignation became effec I tive then, and John Barnhill, of I Tennessee, had been named his Tomlin and Van Sickle com I plained to the faculty committees I on athletics and tenure, and the I committees backed them up with I the insistence that the men be I retained for six months. Tonight university President A. J M. Harding announced that Van Sickle and Tomlin were transfer red from the athletic department to the physical education depart ment, and would remain there for the rest of the school year. Tomlin joined Rose’s staff in 1942 and became head' of the Razprbacks for a period when Rose was in military service. Van Sickle had been line coach since 1933. and prior to that was a Razorback star. Nation’s Coaches Meet In St. Louis Next Week ST. LOUIS, Jan. 5.— (A5)—1The na tion’s college athletic officials will converge on St. Louis next week to wrestle with tough post-war problems. Not the least of which is a record pile of suggested foot ball rule changes. Topping the list of important mueiinas is the National Collegiate Athletic association’s 40th annual scsson. which will open Tuesday. Also on tap are gatherings of the American Football Ceaches’ asso ciation and the College Physical Educat on Association. The recent ly-organized American Associaton of college basketball coaches will hold an executive session. Philippine is 1 a n d s were after Philip II of Spain. i CLEVELAND CAN’T USE VETERAN STARS DERRINGER, JOHNSON CLEVELAND, Jan. 5.—(U.R)— The Cleveland Indians are not interested in either pitcher Paul Derringer or outfielder Bob Johnson, vice President Roger Peckinbaugh disclosed today. “Derringer probably has a good season or two left, even though he’s 30,” Peckinbaugh said. “But we’ve got too many young pitchers who rate a chance. We couldn’t use Paul, I'm afraid.” He said the same thing went for Johnson, who was given his unconditional release by the Bos ton Red Sox. Johnson batted f ’ 74 runs for the Sox last year, more than any member of the Cleveland club. BA MORE BATTER SM >S HIT TITLES NEW YORK, Jan. 5—(U.R>—Sher man Lollar, 22-year-old catcher who was a dismal failure at bat in his first two seasons with the Baltimore Orioles, bounced back in 1945 to become the Internation al League’s batting champion with an average , of .364, the official statistics released today revealed. Lollar, a lean, 170-pound Ar kansan, led Montreal’s Roland Gladu, French-Canadian outfield er who once had a trial with the Boston Braves, by 26 points. As soon as the International league season was over, the Cleveland Indians, who have an agreement with the Orioles, se lected Lollar for 194g and paid Baltimore $10,000. Before last sea son, Lollar, who was brought to the Orioles by pitcher Stan West in 1943, was woefully weak at the plate. He hit .118, his first year and ‘ .250 in 1944. Apart from winning the batting title, Lollar drove in 111 runs, clouted 34 hcmers and drew 101 bases on balls. Runnerup Gladu, who is slated for a trial with the parent Brook lyn Dodgers this spring, also proved himself an outstanding long-distance hitter. He hit the most triples, 14, the most?doubles, 45, and tied Wally Cazen, of Syra cause for the most'hits, 204. ladu’s batting average was .338. The home-run title was won by Frank Skaff, of Baltimore, who, although averaging only .285 with the stick, connected with 38 cir cuit drives, drove in the most run ners, 126, and scored the most runs, 128. WILSON MANAGER WILSON, an. 5.—(/P)—Irv Dick ens, former Wilson second base man, has been named manager of the Wilson club for the 1946-Ooastal Plains League season,, it was an nounced today by Prfesideht A. W. Fleming. LOCAL PRO TO PLAY Bill Crichton, Wilmington muni cipal golf professional left yester day for Florida where he will parti cipate in several tournaments of the Professional Golfers associa tion. I— FOR — CORRECT TIME CALL 2-3575 — FOR — Correct Jewelry VISIT The JEWEL BOX Wilnunfeton’s Most Foprlar Jewelry Store 109 N. Front St. TAX LISTING I he Machinery Act provides that poll and tangible Property tax returns shall be made to the list-taker during the month of January under the pains and Penalties imposed by law, OWNERS OF AUTOMOBILES SHOULD BE PREPARED TO GIVE TAX LISTERS FULL INFORMATION AS TO MODEL, YEAR OF MANUFACTURE AND STATE LICENSE NUMBER. Wilmington township tax listers will be on the main 00r of old court house daily 8:30 a. m., to 5:30 1946 ’ ^un^ays excepted), beginning January 2nd, County tax listers will meet their usual appointments as advertised. Cape fear, Federal Point, Harnett and Masonboro ' 0^x hst-crs will meet at the court house January 26, i 28> 29, 30 and 31. I J. A. ORRELL, County Auditor Stock Market Ends Week With Selective Advance -<4-__ Many Leaders Unable To Participate In Forward Movement, However MARKETS AT A GLANCE New York Stocks-mixed; prices changes nar row Bonds - irregular; small variations predominate Cotton - quiet and steady; trade buying Chicago Wheat-unchanged to 3-8 cents high er moderate demand Corn-unchanged at ceiling Rey 1-8 to 2 3-4 higher; strong de mand Cattle-norminally steady Hogs fairly active, 10-15 cents low er, top $14.45. SELECTIVE ADVANCE NEW YORK, Jan. 5.— LB —After five successive sessions without an average plus sign, the stock mar ket today managed to conclude a generally losing week with a se lective advance although many leaders were unable to participate. Narrow irregularity persisted from the start in the slow dealings. Prices hardened here and there in the final few minutes but closing gains, on the whole, were limited to minor fractions. Transfers totalled 530,000 shares compared 560,000 last Saturday and were the smallest since Sept. 2. As throughout the week, spread ing strikes provided a bearish in fluence during the two - hour pro ceedings but some short covering and timid bidding apparently was inspired by the belief that the list was in shaps for at least a techni cal comeback. Numerous custom ers, however, held aloof to await developments on the labor front. The associated press 60-stock composite was up .3 of a point at 74.9, its first upturn since Dec. 28, but on the week was off .4. of 782 issues appearing, 378 rose, 223 de clined and 181 were unchanged. Among wider jumpers wer< Shamrock oil, the day’s livelies1 sprinter, up 2 7-8 at a new high: Schenley, up 3 3-4 and Americar woolen, up 3 7-8. The last-namec was aided by action of the O.P.A in exempting certain fabrics fron: the “maximum average price ord er” as it applies to textiles. Wilson Co. added 3-4 at 17 3-1 in the wake of the first dividend since 1937. Armour was up 1-2. American Telephone, Goodrich, Goodyear and Youngstown sheel tacked on about a point each, Lesser gains were shown for Beth lehem, N. Y., Central, Northern Pacific, Chrysler, Chicago, & east ern 111., Wool worth, Montgomery Ward, Consolidated Edison and Kennevott. On the offisde were U. S. Steel, Western Union “A,” Southern Rail, way, International Harvester, Du Pont, J. C. Penney, U. S. Gypsum, Texas Co., Loockheed, Republic Aviation, International paper and Corn products. Improved in the curb were aluminum of America, humble oil, Cities Service and Electric Bond Share. Turnover here was 250,000 shares versus 280,000 in the pre ceding brief stretch. STOCK AVERAGES 30 15 15 60 Indus Rails Util Stocks Net change A.2 A.l A.3 A.3 Saturday 99.0 47.0 51.2 74.9 Prev. day 98.8 46.9 50.9 74.6 Week ago 99.6 47.6 51.1 75.3 Month ago 101.8 48.9 52.2 77.0 Year ago 79.6 35.0 39.2 58.8 1945 ’46 high 102.0 48.9 52.5 77.1 1945 ’46 low 78.6 32.9 39.2 57.8 1944 high 79.2 34.5 39.2 58.3 1944 low 69.1 22.9 35.1 49.5 WHAT STOCKS 1»II> Declines _ 223 359 Unchanged _ 1 1 175 Total issues _ 782 907 Stock Market Quotations (BY THE ASSOCIATED PRESS) Fri- Satur day’s day's Close Close Alleghany - 5% 5% A1 Chem and Dye-188 189 Allis Chal Mfg_ 52 52% American Can _9914 - American Car Fdy_ 62 63 American Roll Mill 27% 28 American Smelt & Ref 64% 64% A T and T _189 190 American Tobacco B .. 88% 89 Anaconda _43% 43% Arm 111 •_ 12% 13% Atlantic Coast Line_74% 75 Atlantic Refinery _ 39 39% Aviation Corporation_9% 9% Baldwin _33 Vs 34 % Baltimore and Ohio ... 2514 2514 Barnsdall _ 22 22% Bendix Aviat _ 53 55Vs Beth Steel _93% 94% Boeing Airp _ 29% 29% Borden _44% - Budd Mfg _ 23% 23% Burl Mills _ 39 38% Bur Add Mach_ 18% 18% Cannon Mills _65 - Ches and Ohio ... —- 55% Caterpil Trac _ 55 -- Case J I... 43% 44 Chrysler _132% 132% Coca Cola __ _ Coml Cred _47% 47 Coml Solv _ 24 24% Somwlth and South_ 3% 2% Sonsol Edis _ 33 33% Cons Vultee _31% 31% Cont Can _45% 46 Corn Prod _66>4 65% Curt Wright... 7% 7% Curt Wright A _27% 27% Dow Chem _160% - Doug Aire _ 93 93% DuPont _ -183% 184 Eastman Kod_—— . Firestoen --67% 67% Gen El --- 47 47% Gen Foods - 53% 53% Gen Mot - 74% 74% Goodrich _ 70 71% Goodyear - 59 60% Gt Nor Ry Pf--57% 53 Int Harvest _ 9214 9? Int Tel and Tel_28% 29 Johns Many __141 _ ivcuuccuLt -w/2 4y Ligg and M B_ 94 94% Loews -33% 33% Lockheed _42 41% Lorillard _ 29VS 29 Mont Ward _72% 72% Nash Kelv _23% 23% Nat Bis -33% 31% Nat Cash Reg ..37% 37% Nat Dist -:—.. 70% 70% N Y Cent - 32% 32% No Am Av- 13% 13% No Pac --35 35% Packard - 10% 10% Param Pic - 53 54% Penney J C _150 149 ' Penn R R-42% 43 Pepsi Cola - 35 35% Phillips Pet _56% 56% Pitt S and B_ 11% 11% Pullman -61% 61% Pure Oil _21% 22 Radio - 17% 17% Radio K O_ 15% 16 Rem Rand -35% 35% Repub Stl :_ 30 30% Reynolds B _37% 38 on nn Soc Vac- 16% 17 Sou Pac---58% 58% Sou Ry - 58 577/g Std Br _ _ _ -- 45% 45% Std Oil N .7 _ 67% 67% Stewart War _22% 23 Swift _ 38 38 Tex Co -60% 60% Un Carb ---100% 101% Unit Airl_51% 511^ Unit Aire _34% _ Unit Corp _ 4% _ Unit Drug -26% 26% Unit Fruit -110% 110% Unit Gas Imp _23% 23% U S Tndus Chem_53 __ U S Rubber- 66 66% U S Smelt and Ref 72% 71% U S Steel - 80% 80% Vanadium _30% 31 Va Caro Cbem__ 7 7 Warner Pic _ - 31 31 at West Un A -II 51% 51 West El -35% 35% Wool worth _ 53 53% CURB Can Marconi _ 4% 4% Cities Service _28% 28% Colon Dvmt _ 6 6% El Bond and Share — _ 19% 19% RAILROADS GAIN IN BOND MARKET NEW YORK, Jan. 5.—(£>)—The bond market rallied today after early irregularity, with some rails rising a point or more. Seaboard Air Line 4’s of ’50 certi fied, St. Louis and San Francisco 4’s of ’50 “A” certified, Philippine railway 4’s, Chicago and Alton 3’s, Lehigh Valley N. Y. 4 1-2’s, and Chicago, Indianapolis and Louis ville 4’s as well as some Katy, New Haven and Central of Georgia is sues were among carriers showing improvement. Minus signs included New Orleans, Texas and Mexico 5 1-2’s, Choicago, Terre Haute and South eastern income 5’s, Illinois Central 4 3-4’s and some Misosuri Pacific and St. Paul lines. Industrials were up .1 of a point on average in the Associated Press compilation, with American To bacco 3's, Bethlehem Steel 2 3-4’s, Pittston Co. 5 1-2’s, Inland Steel 3’s and Jones and Laughlin Steel 3 1-4’s following that trend. American Telephone 3’s, Detroit Edison 3’s, International Hydro Electric 6’s and International Tele phone 4 1-2’s were among utilities advancing. Sales for the short session were $3,040,000 compared with $2,670,000 last Saturday. U. S. GOVERNMENT 2s 51-49 Dec 103.7 up .2 2p 2ViS 62-59 Dec 101.10 up 6. 2%s 72-67 Dec 102 up .7 Approximately final sales, 530,000. FOREIGN Aust 5s 55 __-107 Aust 4V2s 56 _101% BOND AVERAGES 30 10 10 10 111 Rails Indus Util Fgn L.-Yld Net change A.l A.l unch unch unch Saturday 104.4h 104.1 108.5 76.2 118.1 Prev. day 104.3 104.0 108.5 76.2 118.1 Week ago 103.9 104.0 108.2 75.7 117.7 Month ago 103.0 103.7 107.8 75.8 116.9 Year ago 97.8 104.7 1 07.2 68.2 116.6 1945 ’46 high 104.3 105.5 108.5 76.7 118.7 1945 46 low 96.2 103.4 106.8 68.1 116.2 1944 high 96.5 105.7 107.3 68.8 116.7 1944 low 79.5 104.6 104.7 63.2 114.0 h—104.4 new 1945-’46 high. Bond Quotations DOMESTIC At and Sf 4s 95 _132% B and O 4s 48 _105% Can Pac 4s Perp _110% Cb and Q 4%s 77 _117% C and Ei Inc 97_77% Cri and P R 4s 34_63% Cl Ut 4%s 777 _107% Hud C 5s 62a _80 Hud-Man 5s 57 _ 76% TU Cent 4%s 66 _94% Mk and T AJ 5s 7_104% Mo P G 4s 75 _59 N Y C Rfg 5e 2013_101 Sou Ry Gen 4s 56_104% EXCHANGE TO OPEN NEW YORK, Jan. 5.—(TP)—The Amsterdam stock e^hange will open Monday for the first time since Sept. 5, 1944, an Aneta Dis patch reported today. The report said business would be resumed only on a “very limited” scale and trading would be confined to do mestic bonds and mortgages, and to stocks and shares for which the association for the trade in securi ties had issued permits. The ring of Helen of Troy, ac cording to legend, had a star gem taken from the head of a mysteri ous. fish called pan. Unlisted Securities These bid and asked quota tions represent price at which one or more dealers, members of the National Association of securities Dealers, Inc., would trade with the general public at the time the quotations were gathered, 12 noon Wednesdav, January 2: Description Bid Ask Acme Aluminum Alloys Common____13% - Ame Aluminum Alloys Preferred _26%. 28% Alabama Great South ern Railroad _____ __130% 133% American Bakeries Company _ 54 - American Casualty Company - 12% 13% American Enka Corp oration _ .84% 87 American Hardware __ 49% 51% American Trust Compa ny, (Charlotte, N. C..650 - American Yarn and Processing Co. Com mon - 17% 18 American Yarn and. Processing Co. Pre ferred _119 - Atlanta and Charlotte Air Line Railway ___254% - Auto Finance Company Common ___ _36 - Auto Finance Compa ny Preferred _50 - Bassett Furniture In -IWIWV.O -- - Bausch and Lomib Opti cal -31% - Bird and Son __ 24% 25% Botany Worsted "A” 18% 20% Blue Bell, Inc _ 61 65 Rutler’s, Inc. Common 13 - Butler’s, Inc. 6 per cent Preferred _ 25% _ Carolina, Clinchfield and Ohio Railway_126 _ Carolina Insurance Company ___ -34% 36% Carolina Power and Light Co. $5 Prefer red ~- 117 119 Carolina Telephone and Telegraph Co. _175 - Chadbourn Hosiery Mills, Inc. Common 17 17% Colonial S ores. Inc. Common - 35 36% Colon’al Stores. Inc. 4 per cent Preferred _ 49 51 Creamery Package Manufacturing Co. __ 41 43% Cross Company Com mon - - 77s 8% Delaware Rayon Com pany “A” _ _20% 22 Dixie Home Stores ___ 20 21 Duke Power Company 97 - Durham Hosiery Mills Cl “A” 6 per cent Pfd ... -100 - Dwight Manufacturing Company_ . 26% 28 Empire District Elec tric Company ___ 20% ?2 Erwin Cotton Common 30% 32 Erwin Cotton Mills per cent Preferred _115 - Fidel'ty Bank, Durham, N. C. _ 100 - Foremost Dairies, Inc. Common _ 17% 19 Foremost Dairies, Inc 6 per cent Preferred . 51% - Garfinckel, Julius and Co.. Inc. Common ___ 37% 40 Garfinckel, Julius and Co., Inc., 5 1-2 Pfd. . 27% 28% Garlock Packing Com pany - 56 58% Gleaner Harvester Cor poration _ 22 237s Grinnell Corporation _ 29% 31 Gamble Brothers _12 - Hanes, P. H. Pnitting Co. Cl “B” Common 20 - Hi phlanri Part Mann. factoring Co. Common 47 - Highland Park Manu facturing Co. Pfd. ___10G Home Telephone and Telegraph Comoany 7% - Jefefrson Standard Life Insurance Co. “New” 28 30 Larkwood Hosiery Mills, Inc. 5 1-2 per cent Pfd. ___ 106 - , Life and Casualty In surance Co. of Tenn. 23% 25 ; May - McEwen Kaiser Company _ 52 - Mid - West Refineries, ; 'nc. Common_.5% 6 ; Mid - Wes1 Refineries, Inc. $1.50 Pfd._ 27 30 1 Monogram P i c t u res Corporation 5 1-2 Pfd. 19 20 Monumental L:fe Insur ance Co. _ 44 46 Morganton Furniture Company ___ _ ___ 34 - National Container Cor poration 4 3-4 Pfd. . . 41 % 43 New Britain Machine Company _ 43 45 North Carolina Rail road Company __175 - Northwestern National Life Insurance _20% 22 Occidental Life Insur ance Co. _ 4 - Peninsular Telephone Company _ 48 - Peoples Savings Bank and Trust Co __57% —■■— P'edmont and Northern Railway . - 67 69 Pilot Full Fashion Mills Common _ 11 - Riverside and Dan Riv er Mills Common ___ 60 62 Riverside and Ran Riv er Mills 6 per cent Pfd. _ 110 - Rose’s 5-10-25c Stores 46 - Rowan Cotton Mills -.215 - Saco-Loweli Shops __ . 44% 46 Savannah St. Augustine Gas Common_ 19 - Scott and Williams - - 72 - Seaboard Finance Pre ferred _30% - The Board of Directors of In vestors Mutual, Inc., have de clared a quarterly dividend dis tribution from income of 14c per share payable on January 21, 1946, to shareholders of re cord as of December 31, 1945. Previous 1 9 4 5 dividends amounted to 10c per share for the quarter ending March 31st; 20c per share for the quarter ending June 20th; and 26c per share for the quarter ending September 30th, totaling 70c for the calendar year 1945. Of this amount 43.2c was derived from interest and dividend income less expense and 26.8c from pro fits from sale of portfolio secu rities. ' , Earl E. Crabb, chairman of the Board of Directors of Investors Mutual, Inc., reported that the net asset value of the fund to taled $78,008,445.78 as of De cember 15, 1945, with shares held by approximately 40,000 shareholders. j --- CHICAGO LIVESTOCK CHICAGO. Jan. 3.— w - (USDA)-salable hogs 1,000 (esti mated), totai unavailable; com pared with week ago all weight; and sows 35 to 60 cents lower. Salable cattle 500 (estimated) total unavailable. Compared Fri day last week’: Reciept more thai double last week’s run; choic< steers steady to 50 lower, olhei grades 50 to 1.00, mostly l.CK down; more decline :n instances oi low-choice steers such as frequent ly sold well above 17.50 la3t week; heifers 50-75 lower; cows activ< but 25 off; bulls strong; vealer; firm; stock cattle in very ligh supply, steady; largely fed stee; and heifer run; clos ng trade ac tive at decline; most steers closec at 14.50-17.50, only strictly choici kinds bringing 18.00; both he fer; and mixed steers and heifers uf to 18.00 bulk fat heifers 13.50 16.25; good and choice beef cows 12.50-14.50, top 14.60, paid for load lots seal ng 1316 lbs; most beef cows 9.50-12.50, with canners and cutters at 7.25-8.25; cow market continued active as week closed; bulls again very scarce, weighty sausage offerings to 13.25 and heavy fat bulls to 14.00: few sau sage oferings above 12.50, how ever, or fat bulls above 13.75; vealers 15.50 down, with cho’ce heavies 14.00 down. N. C. EGQS, POULTRY RALEIGH, Jan. 5.—OP)—(NSDA) —Egg and poultry markets steady, with l'ght receipts. RALEIGH—U. S. grade AA extra large 53; fryers and broilers 29 1-2; hens 25 1-2. WASHINGTON-U. S. grade A extra large 53; broilers and fryers 26, with a few as high as 27.70. NEW YORK POULTRY NEW YORK, Jan. 5.—(yP)—Live and dressed poultry firm and un changed. N, C. HOGS RALEIGH, Jan. 5.—(yP)—(NC DA)—Hog markets active and steady; with tops of 14.55 at Rocky Mount and Clinton. SPOT BUTTER, EGGS CHICAGO, Jan. 5—(yP)— The spot butter and egg markets were nominally unchanged today. Egg receipts were 10,986 cases, and butter receipts 144,888 pounds. TREND OF STAPLE PRICES NEW YORK, Jan. 5.—The Asso ciated Press weighted wholesale prices index of 35 commodit.es to day unchanged at 112.19. Previous day 112.19, Week ago 112.49, Month ago 12.73, Year ago 108.72. 1946-46 1946 1943 1942 High 112.81 108.73 107.54 103.22 Low 107.90 106.03 103.43 95.54 (1926 average equals 100) Security Life and Trust Company _ _46 - Seeger Sunbeam Corp* oration Common_22% 23% Seiberling Rubber Com pany $2.50 Pid._53 - Solar Aircraft Prefer red ... -..21 - Sonoco Products Com pany -.... 26 - Southern Fire Insur ance Company_51 - Southern Webbing Mills 11 - Standard Forgings .. 15% 16% Stonecutter Mills “B”_ 7% 8% ralan, Inc. _ 50% 52% fextiles, Inc. Common 15% 16% rextiles, Inc. 4 per cent 24 26 rhiokel Corporation 2% 3% lidewater Power Com pany Common __ 30 32 rr:on Company 5 per cent Preferred_102 104 /irginia Electric and Power Co. $5 Pfd. ...121 123 Wachovia Bank and Truti Co. _82% - Washington Mills _200 - Wilmington Savings and Trust Co. _47 - NEW YORK COTTON NEW YORK, Jan. 5—(IP}— The cotton futures market experienced slow trading today with price changes small. At the close values were 15 cents a bale lower to 25 higher. Textile mills and southern spot interests bought current contracts with nearby March subjected to hedging and profit-taking. Most ot the demand centered around pros pects for increased exports of do mestic cotton, following arrange ment of export-import bank cred its to China for the purpose of im porting United States cotton. Lack of trading interest was generally attributed to a desire of traders to await further develop ments, particularly on the pend ing commodity credit corporation offering of 1,500,000 bales of its holdings of cotton. Open High High Last Mch 24.59 24.59 24 54 24.56 off 3 May 24.55 24.56 24.50 24.51 off 1 Jly 24.34 24.47 24.32 24.32n off 2 Oct 23.64 23.67 23.63 23.67 up 4 Dec 23 55 23.59 23.59 23.59 up 5 Mch _I— 23.48b up 5 Middling Spot 25.21n off 2. b—bid; n—nominal. MIDDLING COTTON NEW ORLEANS, Jan. 5. — (IP)— The average price of middling 15-16 inch cotton today at ten designated southern spot markets was 15 cents a bale lower at 24.46 cents a pound; average 22.91; receipts 7,066, stock 201.593. SPOT COTTON CHARLOTTE, Jan. 5.—(£>)—Spot cotton 22.45. SPOT COTTON NEW ORLEANS, Jan. 5—(JP) Spot cotton closed steady and un changed today. Sales 1,423; low middling 19.35; middling 24.35; good middling 24.75. NEW ORLEANS COTTON NEW ORLEANS, Jan. 5.— (IP)— Cot on futures closing prices were steady 5 to 15 cents a bale lower. Open High Low Close Mch 24.55 24.55 24.51 24.51 off 2 May 24.55 24 56 24.52 24.53 off 2 Jly 24.35 24.38 24.33 24.34 off 3 Oct 23.67 23.69 23.64 23.68 off 1 Dec 23.58 23.58 23.58 23.57b off 1 b—bid. ' UNO Office Site Body Arrives In New York NEW YORK, Jan. 5.—(/P)-Seven < men who will recommend to the * United Na ions Organization vari- , ous sites for its permanent head quarters arrived at La Guardia Field today, ready to begin their survey of the east coast area spe cified by the UNO for considers- : firm The men, who comprise the ins pection section of the UNO’s in terim committe on headquarters, were; Dr. Stoyan Gavrilovic, of Yungoslavia, chairman; Dr.- Shu Hsi Hsu, of China, vice chairman; Franco's Briere, of France; Awny El Khalidi, of Iraq; Maj. K. G. Younger, United Kingdom; Don Julio A Lacarte, of Uruguay, and Georgii Saksin. of Russia. Grover A. Whalen, New York C City’s perennial official greeter s and chairman of the mayor’s com- e mitte to place the site in New York r City, was on hand to greet the " delegation when their Pan Ameri can Clipper landed after a flight from Hurn, England. The length of the Panama Canal from shore line to shore line is 40.27 miles and from deep water in the Atlantic to deep water in the Pacific it is 50.72 miles. _ _ IN I IN J&-A CHICAGO GRAIN CHICAGO, Jan. 5—(A*)—Moder ate short covering and scattered cash buying rallied grain futures prices after a general early down turn today and pulled them out slightly above yesterday’s close. Only rye futures held at higher prices throughout the session as brokers noted reports that the United Kingdom had taken 400,000 bushels overnight slightly more than a million bushels within the past 10 days and that it might want more. It was not known, however, whether all the 10-day purchases were from U. S. stocks. Reports of general rains, rang ing up to an inch, in the great plains area touched off the early selling of wheat which traders de scribed as mild profit-taking which was quickly absorbed. Prices ral lied after the fractional dip in sym pathy with other grains. Wheat closed unchanged to 3-8 cent higher than the previous finish. May $1.80 1-2; com un changed at $1.18 1-2 ceilings: oats 3-8 (59) 1 cent higher, May 75 7-8 76; rye 1-8 to 2 3-4 higher. May $1.75 1-8-1-4: barley unchanged to 1-4 higher, May $1.21 1-2. vfjjcii nigii LOW Close WHEAT; May 1.80% .I. 1.80% Jly 1.76% 1.76% 1.76% 1.76% Sep 1.74% 1.74% 1.74% 1.74% Dec 1.72% 1.73% 1.72% 1.73% CORN; May .1... 1.18% Jly . 1.18% >ep .... 1.18% OATS; Way 75% 76 175% ‘75% Jly 72% 73% 72% 173% 5ep 60% 70% 69% 75% Dec 69% 70% 169% 70% RYE: Way 1.73 1.75% 1.71% 1.75% Jly 1.44% 1.44% 1.44% 1.44% Sep 1.41% 1.42% 1.41 1.42% Dec 1.40 1.41% 1.39% 1.41 BARLEY: Way 1.21% . 1.21% Jly . 1.17% Sep . 1,16% CASH GRAIN CHICAGO, Jan. 5.—(45—Wheat; STo. 2 red 1.79, nominal; No. 2 lard, 1.79; nominal (ceilings). No corn. Dats: No. 1 heavy mixed, 82. Barley, nominal; malting, 1.21 !39 1-2; feed, 1.15.23 4. Field seed per hundredweight lominal; timothy, 5,255.50; red top, .00-11.50; red clover, 31.50; sweet dover, 10.75; Alsike, 28.50, Alflfa :ommon, 33.50-36.50. STOCKS IN SPOTLIGHT NEW YORK, Jan. 5.—(A5)—Sales losing price and net change of the if'een most active stocks today. Shamrock O and G 21,800 24 up %. Canad Pac 15,300 20% no. Chi and E 111 12,100 13% up %. Comwlth and Sou 9,200 2% no. Colum Gas and El 8,700 1014 up i. Graham Paige 7,600 llVs no. Radio Keith 7,200 16 up %. Am Woolen 7,100 34 up 27/s. Armour and Co 6,500 13% up V2. Gen Real and Ut 6.200 8% up %. Wilson and Co 6,200 17% up %. Am Pow and Et 5.500 12 up %. Nat Pow and Lt 5,300 10% up %. Aviat Corp 5,100 9% up %. Hudson Mot 4,400 31% up %. FOX GETS ELECTROCUTED SAXONBURG, Pa.— (U.R) —Elton rabe found one fox which wasn’t j foxy. The animal bit into an ectrically charged wire during a unstorm and was electrocuted. I dial 7 774 Harriss FneI c#- i ■ WWW '■ Dayid s Harriss, Mgr. * IP II F T fill Standard Oil "Esso-Heat” I I U L ll U I u Oil Burner Servic* * i WE CAN SOLVE YOUR PROBLEMS FOR Construction, Industrial and Logging Equipment State Distributors International Crawler Tractors, Indus- Cedar Rapids Asphalt Plants and trial Wheel Type Tractors and Diesel Crushers Engines Rogers Trailers Carco Logging Winches Euclid Trac-Truck American Preformed Cable Northwest Shovels Bucyrus-Erie Scrapers— „ „. Jalion Graders and Rollers Bulldozers „ Jaeger Mixers, Pumps, Disston Chain Saws _ , „ „, Hoists, Paving Equipment Corley Sawmills, Edgers, Etc. and Air Compressors. NORTH CAROLINA EQUIPMENT COMPANY Raleigh, N. C. Charlotte, N. C. Asheville, N. C. 3101 Hillsboro St. 2 Miles South Route 21 Sweeten Creek Road Phone 8836 Phone 44661 Phone 789 LOCAL REPRESENTATIVE—JAMES H. SLOAN—PHONE 9724 SALES _ RENTALS - PARTS - SERVICE
Wilmington Morning Star (Wilmington, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 6, 1946, edition 1
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