BOND MART DROPS
IN SELLING WAVE
Many Favorite Liens Lose
From 1 To 3 Points Dur
ing Session
NEW YORK, Nov. 6 — (A*) —
The bond market slanted sharply
lower Wednesday along with stocks
and commodities in the wake of a
nationwide Republican sweep at the
polls.
Low to medium priced rails took
the brunt of the selling and gave
the widest ground, many ending up
with 1 to more than 3 points. Bet
ter rated corporation securities
and U. S. Governments acted w'tih
more stability, ' although here too
declines were in the majority.
On the losing end were such trad
ing favorites as Baltimore and
Ohio stamped convertibles of I960.
Boston and Maine 4s. St. Paul in
come 4%s, North Western 4>2S,
Rock Island 4%s, Chicago and Al
ton 3s. Big Four 4Hs. Illinois Cen
Orient Lodge
No. 395
A F & A M
Stated business meeting Thurs
day evening. Nov. Tth. at S
o'eioci
.V vi?;r Masons cordially in
v:
By order of the Master.
W H. McClain. Sec’y.
WATCHES AND i
FINE JEWELRY f
Yon Can Select Your 1
CHRISTMAS GIFTS
Now And Pay Later! J
No Carrying Charge {
No Interest Added
i
i
7 NORTH FRONT ITBUT
kEED’S For Diamonds
ttral 4%s, International Great North-1
era first 6s, Lehigh Valley 4s, Mis
souri Pacific 5s, New Haven 4s and
Norfolk Southern 5s.
Some Gainers
Scattered gainers included Pa
cific Gas 3s, Philadelphia Electric
2%s Southern Railway general 4s,
Shell Union 2%s, U. S. Rubber 2%s
and Boston and New York Airline
4s.
Trading in U. S. Governments on
the Stock Exchange was confined
to Treasury 2%s of December 1967,
off 4-32 at 302.23 and the 2s of June,
1952, off 21-32 at 102.26. There was
more activity over the counter but
trends were similar, although loss
es were not as great.
Foreign dollar bonds were mixed.
Brazil 8s of 1941 dropped 5 points
while the series one, 3%s were up
a point. Buenos Aires 44% and
Chile 6s were among others ending
UPSales of $5,750,000 compared with
$5,852,000 last Monday.
BOND AVERAGES
Compiled by The Associated Press
Nov- 6~ ^ 10 ]0 10 in
Rails Indus Util Fgn L. Vld
Net change D.l Unch D.l A.l A.3
Wednesday 94.0 103 0 104.8 74.9 114.9
Prev day 94.1 103.0 104.9 74.8 146.6
Week ago 92.4 103.0 104.1 74.8 114.3
Month ago 92.2 102.8 105.4 74.9 1 a.l
Year ago 101.8 103.7 108 4 75.3 116.5
1946 High 106.9 105-2 109.5 79.0 120.2
,946 Low 92.0 102.7 103.3 74.7 114.3
1945 High 103.9 105.5 108 a 76.7 118.7
1945 Low 96.2 103.4 106.8 68.1 116.2
foreign exchange
NEW YORK, Nov. 6—(TP)—Clos
ing foreign exchange rates follow
(Great Britain in dollars, others
in cents):
Canadian dollar in New York
open market 4 7-8 percent discount
or 95.12 1-2 U. S. cents, up 1-8
of a cent.
Europe: Great Britain $4.03 1-2,
up 1-4 of a cent; France (Franc)
.84 1-4. unchanged: Sweden
(Krona) 27.85, unchanged; Switzer
land (Franc) (com’l) 23.40, un
changed.
Latin America: Argentina Free
24.56, up .01 of a cent: Brazil Free
5.50. .unchanged; Mexico 20.62 un
changed. _
VENETIAN BLINDS
ALL SIZE BLINDS MADE AND
REFINISHED
STRICKLAND VENETIAN
BLIND WORKS
Phone 6404, Castle Hayne Road
Dependable Since 1872
FUEL OIL
Phone 5261
■
PORTRAITURES
COMMERCIAL PHOTOGRAPHY
•
BOB HODGKIN
Studio at 103'/z Princess
6627 —Telephones— 2-1331
JUST RECEIVED SHIPMENT
ASH AND OAK OARS
6-Ft... $1.80 — 7-ft... $2.17 — 8-ft... $2.90
9-ft.. $3.50 — 12-ft.. $5.80
PADDLES, poplar, 5-ft.$2.50
SISAL ROPE
3-8” - 7-16” - 1-2” - 5-8” diameters
DAVID JACOBI SUPPLY CO.
17 So. 2nd St. Dial 9451
GOAL ANNOUNCED
FOR PAPER DRIVE
Proceeds From November
17 Event To Be Used
For Equipment
A goal of 100,000 pounds of scrap
paper for the November 17 drive
in Wilmington was announced
yesterday by N. J. Kelly, president
of tlje Senior Fraternity, the organ
ization sponsoring the campaign.
Plans for the forthcoming drive
are nearing completion, Kelly re
ported following the semi-month
ly supper meeting of the organiza
tion Tuesday night at the Brigade
club.
During the meeting the members
heard Postmaster W. R. Dosher
outline the proposed junior college
for Wilmington.
Also announced was the selection
of November 26 for the annual
Ladies Night celebration by the
group. The committee in charge of
the program will be T. A. Riven
bark, R. M. Padrick, Jr., and T.
C. Davis. The entertainment will
be held at the Brigade club, Kelly
reported.
During the meeting LeRoy Taylor
was accepted into membership in
the fraternity.
Proceeds from the November 17
paper drive will be used to pur
chase additional equipment for the
Brigade Boys’ club.
With shorter daylight hours,
members of the fraternity stress
ed the necessity for the public to
place their donations of old news
papers and magazines at the curb
in front of their homes by 9 o’clock
on the morning of the drive. The
bundles will be collected by mem
bers of the fraternity.
LIVESTOCK
CHICAGO LIVESTOCK
CHICAGO, Nov. 6—(JP)—(USDA)
—Salable hogs 11,000, total 18,500;
slow throughout; generally steady
on all weights and sows; bulk good
and choice 180-300 lb 23.00-23.25;
with 23.00 popular price; other
weights scarce; one load 23.50;
bulk good and choice cows 21.50
22.00; good clearance.
Salable cattle 7,500, total 7,800;
salable calves 700, total 700; good
and choice steers and yearlings 50
cents higher; medium grades
steady; early top 32.00; some held
higher; most good and choice
grades 24.00-31.00; good and choice
heifers followed steer advance;
choice offerings 29.00; bulk 20.00
27.00 with strictly good western
heiferettes to 19.00; cows and bulls
25-50 cents higher; strictly good
Montana cows to 16.50; cutters
12.00 down; heavy sausage bulls up
to 16.75; beef bulls to 17.00; veai
ers steady at 21.00 down; stock
cattle slow.
RICHMOND LIVESTOCK
RICHMOND, Nov. 6 — (JP)~
(USDA) — Hogs—Market steady
W'ith Tuesday; top $23.00 for good
and choice barrows and gilts 160
lbs. and over; 100-120 lbs $20.00;
120-140 lbs. 20.50; 140-160 lbs. $21.00;
good sows, all weights $20.50; good
stags $19.00.
Cattle—General market about
steady on slaughter classes rep
presented; medium and good steers
quotable around $18.00-21.00; most
offerings of fat dair,y type cows
$10.00-12.00 with good beef type
up to $15.00; bulk of canners &
cutters $7.00-10.00, lith DD thin
canners lower; heavy sausage
bulls largely $12.00-13.00, good beef
bulls $14.00-15.00; practical top
good vealers $20.00.
WHOLESALE PRICE INDEX
NEW YORK, Nov. 6—(tf^The
wholesale food price index of 31
commodities decline in the week
ended Nov. 5 to $6.14, compared
with $6.34 on Oct. 29, and $4.14 a
year ago, Dun and Bradstreet re
ported Wednesday.
The index, which shows the price
of a pound of each of the 31 foods
revealed advances this' week in
wheat, oats, cottonseed oil, coca,
bean and peas.
Declines were registered in corn,
barley, hams, bellie, lard, butter,
cheese, coffee, eggs, potatoes,
steers, hogs, sheep and lamb.
Others were unchanged.
If the dog squirms when dusted
with DDT powder it may be be
cause the powder irritates fleas
and lice causing a flurry of biting.
HOW MUCH DO YOU KNOW
ABOUT CHRISTIAN SCIENCE?
Do you sometimes wonder why it is that Christian Science brings happiness and
freedom from worries and fears? You will learn some of the reasons if you will
accept the invitation to this lecture. Even if you are onfy slightly interested, or even
skeptical, this lecture will interest you. You are invited to come and bring your
friends to
A FREE LECTURE
ENTITLED
"Christian Science: The Science of Divine Mind"
By Florence Middaugh, C. S., of Los Angeles, Calif.
Member of the Board of Lectureship of The Mother Church, The First Church of
Christ, Scientist, in Boston, Massachusetts
THURSDAY. NOVEMBER 7, AT 8 P. M. IN
CHURCH EDIFICE
17TH AND CHESTNUT STREET ,
First Church of Christ, Scientist, of Wilmington, N. C.
Cordially Invites You to Attend]_
DAILY CROSSWORD
ACROSS
1. Sugar-sand
6. Kingly
U. Pungent
vegetable
12. Rub out
13. A nerve
center
(anat.)
14. Keeps
15. Let it stand
(Print.)
16. Buddha
(Chin,
name)
17. Corrode
13. East Indies
(abbr.)
2. Letters
3: The rise and
fall of water
4. Way
5. Half ems
6. To sole
again
7. Period of
time
8. Bestowed
9. On the
ocean
10. For fear
that
16. A white
lie
20. Music
note
21. Unit of
■work
23. Fuel
25. River
(Russ.
Turk.)
26. Assembly
of hearers
27. Tidiness
29. A church
seat
32. A simpleton
33‘. Black gull
34. Editor
(abbr.)
37. Extra
39. Engrossed
40. Pitcher
Yesterday’s Answer
41. Amazon
estuary
44. Ireland
46. Free
47. Girl’s name
19. Man’s name
22. Old horse
24. Pertaining
to the
Spanish
peninsula
28. Strike
30. Adhesive
mixture
31. Substance
35. Girl’s name
36. Forests
•38. Neuter
pronoun
39. Twilled
fabric
42. Gulf
(Siberia)
43. A hammer
end
45. A prize
47. River (Fr.)
48. Danger
49. Man’s name
(poss.)
50. Barter
51. Factors
DOWN
1. Twaddle
CRYPTOQUOTE—>A cryptogram quotation
XQC CIP XKALXBRP BD CIP KZON
YV CIP R B R A B O O Y V V Y B R P H OKR!
L Y T U Y R S.
Yesterday’s Cryptoquote: HEALTH AND INTELLECT ARE
THE TWO BLESSINGS OF LIFE—MENANDER.
Distributed by King Features Syndicate, Ine.
FIRE PREVENTION
WEEK WINS PRAISE
FOR CHIEF CROOM
Fire Chief J. Ludie Croom yes
terday received the commenda
tion of the City council following
the reading of his report on the suc
cessful observance of Fire Preven
tion Week in Wilmington.
The chief’s report detailed the
speedy manner in which the vari
ous schools of the city were
evecuateri during practice drills
held in connection with the recent
observance of Fire Prevention
week.
The mayor and members of the
council expressed surprise over the
ability ef the 1,900 students
evacuating New Hanover High
school in two minutes and ten sec
onds.
Chief Croom explained that these
students were evacuated in an or
derly manner from their respective
class rooms.
The chief, in his letter to City
Manager J. R. Benson, expressed
his appreciation for th_> cooper
FUEL OIL
DIAL 2-2451
Prompt—Courteous—Efficient
CRAIG OIL CO.
“State Inspected Meters’’
alion he and the fire department
received curing the observance.
The tourmaline, found in 1703,
is a newcomer to the family of
gem stones. _
Select Yonr
Christmas Gifts Now!
A Small Deposit Holds Any Item.
B. GURU, Jeweler
264 N. Front St.
FUEL OIL
Standard Oil “ESSOHEAT”
Oil Burner Service
HUGHES BROS.
FUEL CO.
Dial 7774
For A Great Variety In
GIFT SELECTIONS
YOUR FAVORITES IN
CHINA, SILVER AND
GLASSWARE PATTERNS
VISIT THE
Jewel Box Gift Shop
Downstairs In The Jewel Box
109 North Front St.
These stripes
mean a lot
ATTENTION ARMY,
NAVY. NARINE.
AND COAST
GUARD VETS
A new regulation is now
in effect which may qual
ify you to reenlist in the
Army in the grade or
rate held when discharg
ed, even if discharged
more than a year.
“GI” BILL will remain
in effect for duration of
Wartime emergency.
For complete details without obligations, write or apply in
person to
U. S. ARMY RECRUITING STATION
p. O. Bldg. - Wilmington, N. C. - Dial 2-8368
STATION OPEN MONDAY THRU’ SATURDAY
Or Contact the Army Recruiter in the Post Office in one of the
Following Towns:
Whiteville—Mondays Wallace—W ednesdays
Jacksonville—Thursdays
This Message Published In The Interest Of National
Defense And Sponsored By
E. S. PIVER & SONS
-ROOFERS
APPROVED AND BONDED
LABOR AND MATERIALS GUARANTEED
— SHEET METAL WORK—
801 South 17th St. Dial 5919
RUFFIN SELECTED
DISTRICT HEAD
Announces County Chair
men For N. C. Good
Health Association
Peter B. Ruffin, vice-president
of the Wilmington Terminal Ware
house, has been named chairtnan
of this district of the North Caro
lina Good Health association, it
was learned yesterday.
The territory of Ruffin’s district
embraces New Hanover, Colum
bus, Pender and Brunswick coun
ties.
His appointment was announced
by Judge Henry L. Stevens, of
Warsaw, southeastern chairman of
the association.
As his county chairmen, Ruffin
named Hargrove Bellamy, of New
Hanover, K. Clyde Council, of Co
mmbus, S. Bunn Frink, of Bruns
wick, and Clifton Moore, of Pen
der.
The association will short.y
launch a state-wide educational
F O R ....
Dial:
ftssoheaft
VjSiojTV 4°6>
Ni^ht—7746
SERVICE FUEL OIL CO
1104 Chestnut St.
campaign designed to publicize
STorth Carolina’s problems in the
:ield of neait'n and point up the
^eed for more hospitals and bet
:er medical services throughout
the state.___
WASHINGTON POt'lXRy
WASHINGTON-U. S. Grade ,
large, average 64 1-2; fryers h
ers and roasters, 42 to 44 ' °u>
Dial 2-3311 For Newspaper Service
' For Concrete Building Blochs
A.S.T.M. RATING GRADE A
Dial 2-8430 1502 N. 7th St.
PQIKT PETER CONCRETE CO.
for expert repair on home and auto radio" S1^r
Of All Kinds._7 7 6 1
COLD WEATHER COMING! Don’t let a sudden j
cold snap find your battery not fully charged—
it slows starting, makes lights burn dim! Your
Shell Dealer will test it under load, recharge if
necessary and, of course, Till it to the proper level.
Get your car s Safety Factors
ready for winter!
BRAKES that stop on a dime, easy, positive
steering—these are just a couple of the
hidden "Safety Factors" engineered into your
car! But hidden or not, they’ve got to work
properly for safe winter driving.
That’s why your Shell Dealer inspects them
when he gives your car a Shellubrication job.
He checks your steering assembly, wheel
bearings, brake system, radiator, lights, bat
tery and windshield wipers. What’s more, he
lists items requiring attention.
He also performs two other vital services:—
I. He drains, flushes, then refills your crank
case with the correct winter grade of Shell
X-100 Motor Oil.
2. He drains, flushes, then refills your radi
ator with a Shell anti-freeze solution.
Finally he gives you a record of service and a
written guarantee covering both materia1
and workmanship.
Play safe! Don’t get caught unprepared
a sudden cold snap! See your Shell Dea!l
today and make a date for a Shellubricatio
job before the rush starts!
MafeaZb/e7M/ay$r
SHELLUBRICATION
1 .