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The Wilmington morning star. (Wilmington, N.C.) 1909-1990, October 03, 1940, Image 7

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn78002169/1940-10-03/ed-1/seq-7/

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Rails, oteels Follow Chemicals In Late Advance In Stork Market
FOURTH straight
advance staged
Uplift Overcomes Four Hours
Of Lethargy Imposed By
Testing Of Levels
FREDERICK GARDNER
v£\V YORK. Oct. 2.—Iff)—Rails
j steels followed the lead of
Jhemi'cals today in a late advance
'hjCl, carried the whole stock mar
tot higher.
Gains in general only ran around
major points but the uplift over
c0‘tTU. four hours of lethargy im
osed by cautious testing of re
actance levels.
The Associated Press average of
50 selected stock rose .3 of a point
„ 45.4 It was the fourth consecu
ive rising session, ’"'ransactions to
lled 769.900 shares compared with
807.100 yesterday. Nearly half the
(olal action occurred in the final
hour. . ...
AnaJMSlS VlcWCU UlC UIUVCU1WH
as almost entirely technical and
some operators said they were bas
in" their position on developments
so'Ielv within the market itself.
<yf indices of domestic business
,n‘,j industrial activity continued
I0 show improvement; freight car
oadings were estimated at a new
oeak for the year; electric power
iutput increased. The price of steel
scrap rose 50 cents a ton. One
3il company in Texas lifted the
wholesale tank price of gasoline
one cent a gallon.
Leaders in the stock upturn were
U S. Steel. Bethlehem. Crucible
Steel. Chrysler. Case, Owens-Illi
nois. Allied Chemical, Dow Chemi
cal. Union Carbide. Johns-Man
villc. Phelps Dodge, Santa Fe, N.
Y. Central. Pennsylvania Bailroad.
Cerro de Pasco and Electric Boat.
Among the gainers of a point or
more in the curb—where thu turn
over was 107.000 shares compared
with 111.000 yesterday—were
American Cyanamid B, Aviation
& Transportation, Midwest Pipe &
Supply, Pioneer Gold and Sherwin
Williams.
Bonds generally advanced. Most
commodities slipped, although su
gar rose. At Chicago wheat closed
3.8 to 3-4 cent a bushel off and
courn was unchanged to 3-8 cent
lower. Cotton ended 10 cents a
bale up to 5 cents down.
STOCK AVERAGES
30 15 15 60
Indus Rails Util Stks
Wt cli.-mge _ a.5 a.4 a.3 a.3
Wednesdav __ 61.7 17.5 35.6 45.4
1’rev. day ... 64.2 17.1 35.4 45.1
Month ago __ 63.0 17.3 36.1 44.7
Year ago_ 74.1 22.5 3S.S 52.2
13411 high ... 74.2 20.5 40.6 52.2
1310 low _ 52.3 13.0 30.0 37.0
135!i high ... 77.0 23.8 40.6 53.9
!’.‘39 low _ 58.8 15.7 33.7 41.6
60-Stock Range Since 1837:
1937-38 1932-36 1927-29
High-*..x- -75JS .72.8 157.7
Low _ 33.7 16.9 61.8
WHAT STOCKS DID
Wert. Tue.
Id ranees .. 418 540
Decline: __ 148 91
Cnchanged .. 203 163
Total Issues . 769 794
FOREIGN EXCHANGE
NEW YORK, Oct. 2.—Ufi—T h e
Canadian dollar dropped 1 1-8 cents
to 84 5-8 U. S. cents in the free
foreign money market today.
Sterling, however, improved 1-4
cent to S4.03 3-4 and the Swiss
franc displayed further strength
’•‘•ith a mark-up of .01 of a cent to
23.02 U. S. cents.
The Argentine peso added 1-20
cent at 23.30 cents.
Closing rates follow (Great Brit
ain in dollars; others in cents):
Canada: Official Canadian con
trol board rates for V. S. dollars:
buying 10 per cent premium, sell
ing 11 per cent premium, equiva
lent to discounts on Canadian dol
Ims in New York of buying 9.91
Pw cent, selling 9.09 per cent.
Canadian dollar in New Y o r':
°pen market 15 3-8 per cent dis
count. or 84.62 1-2 U. S. cents.
Europe: Great 3ritain, official,
Bankers foreign exchange com
mittee rates), buying $4.0? selling
SUM: open market, cables 4.03 3-4;
Germany 40.00: ibe .volent)
-3 50: Finland 2.05n: Greece .68;
Hungary 19.50n: Italy 5.06: Portu
gal 4.01: Rumania .48n; Sweden
-385: Switzerland 23.02: Yugosla
"a 2.35n.
Latin America: Argentine offi
ctal 29.77: free 23.30; Brazil offi
C]al 6 05: free 5.05; Mexico 20.65n.
Ear East: Japan 23.48; Hong
kong 23.65; Shanghai 5.70.
Rates in spot cables unless
«ierwise indicated.) 4
’•nominal. /
RICHMOND LIVESTOCK
RICHMOND, Va„ Oct. UR —
*ogs— market steady. Good and
“wee 180 to 225 lbs 5.35 to 6.55 top.
00 to 120 lbs 4.55 to 5.05; 120 to 140
bs 5.05 to 5.55; 140 to 160 lbs 5.55
6'°R: 160 to 180 lbs 6.00 to 6.35;
‘‘5 to 250 lbs 5.85 to 6.35; 230 to
- . 'ba 5.55 to 6.05; over 300 lbs
3-4;t> to 5.95.
So'v: under 350 lbs 4.80 to 5.30;
“ver 350 lbs 4.30 to 4.80.
Cat;,,.-—receipts fairly light. Cows
and bulls steady. Fat dairy type
5 00 to 5.50; good beef higher;
utters 4.00 to 4.50; canners 3.00 to
“j™ Sausage bulls mainly 5.00 to
Vtalers fairly active, fully steady.
Practical top 10.00.
NAVAL STORES
savannah, Oct. 2.—opi—Tur
Mnt'.ne firm, 24 2.4 to 25; offer
8s 103; sales 5,150 gaUons; re
iiQfiPts 147: shipments 16; stock 15,
,"7, Rosin firm; offerings 183; all
7Q: receipts 943; shipments 300;
,°ck 154.930. Quote: B, 1.50; D,
E. F. 1.66; G, H, I, K, 1.95
1.63; M, 1.64; N, 1.76; WG 2.18;
UW. X. 2- 4
Closing Stock Quotations
BX THE ASSOCIATED PRESS
Adams Exp _ 6 3-4
Adams Millis_21 1-2
Air Reduct__ 42 7-8
Alaska Jun _ 4 8-4
A1 Chem and Dye _—169
Allis Chal Mfg _86 1-2
Am Can _100 7-8
Am Car Pdy _28 1-4
American Pow and Lt ..._ 3 1-4
American Rad and St &’_7 5-8
American Roll Mill _12 1-2
American 8melt and Ref- 42 5-’
American Sug Ref.— 13 3-4
A T and T -.-.163 1-2
American Tobacco E_77 1-4
Anaconda _23
Arm 111 .. 4 7-8
AT and SF __— 17 5-8
ACL. .14 1-4
Atlantic Refinery .21 :.-2
Aviation Corp .—. 4 5-8
Baldwin _16 5-8
B and O ___ 4 5-8
Barnsdall .. 8 1.4
Bendix Aviation _.-82 1-4
Bethlehem Steel ......._81 1-2
Boeing Airplane ............ 16 3-8
Borden ___19 7-8
Borg Warner_...._It
Briggs Mfg _...... 22 3-8
Budd Mfg____ 4 6-8
Budd Wheel ....._.... 6 1-8
Burl Mills _18 1-2
Burr Add Mach_..._ 8
Calumet & Hec _ 7 1-8
Can Dry -....... 14 1.8
Can Pac _.........._3 7-8
Case J I -....-...__ 57 7-8
Caterpil Trac 49 1-2
Champ P & D .............. 22 3-4
Ches * O-............... 40 3-4
Chrysler ____ 80 3-4
Cca Cla _____108 3-4
Colu G & E ...._.m.„._ 5 1-4
Coml Credit ____........ 31 3-4
Coml Solv _......... 10 1-2
Comwlth & Sou _ 1 1-8
Consol Edis __......._... 26 1-2
Con Oil __....__ 6
Cont Can _..... 40
Corn Prod _......._... 52 7-8
Curtiss Wright_.......... 7 7-8
Curtiss Wright A ....___27 1-4
Davison Chem __ 6 3-4
Del Lack & W_..._ 4 1-8
Doug Aire _.......... 78
Dow Chem _139 1-4
Du Pont_ ITS
Eastman Kodak _ 135
Elec Auto Lt _-_._37 1-2
Elec Pow & Lt_-___ 5 1-4
Freeport Sul ___84
Sen Elec _._ 35 7-8
Sen Foods _41 1-8
Sen Mot_ 5ft
Sillette -. 3
Slidden .1? 1-8
Sodrich _,_._12 1-2
Soodvear -___._16 1-4
Sraham Paige _ 5-8
St Nor Ry Pf.-.2ft
Hud Mot :. 3 3-4
Hupp --- 9-16
HI Cent .— 9
Int Harvest_- 4 8 1-2
Johns Man _-— 70 1-4
Int Tel and Tel_ 2
Int Nick Can _ 27 6-8
Kennecott _- SI 1-4
Kinney _. 2
Kroger Groc _32
Libby O F G1 _ 44 8-4
Lipg and Myers B _-101
Loews_— 25 1-2
STOCKS IN THE SPOTLIGHT
NEW YORK, Oct. 2.—UP)—Sale*,
closing price and net change of the
fifteen moat active stock* today:
NY Central, 26,800—16%; a%.
Int Mer Mar, 24,400—7%: al.
Gen Motors, 23,700—50; a%.
US Steel, 21,200—60%; a%.
NY Shipbldg, 12,900—22; al%.
Elec Boat, 10,400—16% ; a%.
Para Piet, 10,200—7%; a%.
Martin Parry, 9,800—10%; a%.
Repub Stl. 9,200—18%; a%.
Chrysler. 8,700—80%; a%.
Penn RR, 7,600—23% ; a%.
Crucible Steel, 7,600—34%; a2%.
Press Stl Car, 7,100—12%; a%.
Graham Paige, 7,100—% ; no.
Beth Stl 6,500—81%; a%.
NEW YORK COTTON
NEW YORK, Oct. 2.—UPI—Cot
on futures idled in a '.-point price
•ange today. Final quotatio - were
! points higher to 1 lower.
Buyers showed little nthusiasm
iespite lower private crop esti
nates but no serious pressure de
veloped.
Trade, following the pattern of
■ecent sessions, consisted main
y of trade and mill demand, which
rffset hedge pressure.
Worth street textile brokers re
sorted a broad inquiry for print
:loth and coarse yarn goods. Prices
vere firm throughout.
No exports Tuesday; season so
:ar 148,496 bales. Port receipts 11,*
155; port stocks 9,826,919.
Range follows: 3
Open High Low Close
act ... 9.56 9.56 9.52 9.56 up S
Dec 9.55 Ot. 9.6* 9,55 unch
Midi, 4.-. ».f0 .9.50 9.48 9.49 off 1
May 9.34 9.36 9.S2 9.34Bubc1t
July „ 9.12 9.14 9.10 9.13 unch
Spot nominal; middling 9.91.
EGGS
NEW YORK, Oct. 2.—<*>—Eggs
26,853; steady. Mixed colors: fancy
;o extra fancy 25 1-2 to 29; extras
25; graded firsts 21 1-2; seconds
19 to 19 1-2; mediums 18 1-2; dir
ues No. 1, 18 1-2; average checks
16 to 16 1-2. Refrigerator, fancy
:o extra fancy 22 to 24 1-2; extras
21 1-2; standards 20 to 20 1-3;
lirsts 20; seconds 18 to 18 1-2;
nediums 18; dirties 17 1-2 to 18. 4
CHICAGO BUTTER
CHICAGO, Oct. 2.—U!)—Butter—
vas firm today: 93 score 29 1
o 3-4; 92, 29 ; 91, 28 3-4; 90 28 1-2;
19, 28; 88, 27 1-2; centralized car
ds 90 score 28 3-4; 89, 28 1-4;, 88,
!7 1-2. 2
LIVE POULTRY
NEW YORK, Oct. 2.—W—Live
poultry, by freight, weak. Broilers,
:olored 14 to 15; leghorns 15. Fowls
:olored 14 1-2 to 1*. Old roosters
13 4
Lott . 20 3-4
Louis and Nash_ 57 3.4
Mack Truck_26 1.4
Mont WaiU__ 47 6.
Murray Corp _ 6 3.4
Nash Kelv___ 5 7.4
Nat Biscuit __19 1,4
Nat Cash Ref___13 i.j
Nat Dairy Prod_13 3.8
Nat Dist _22
Nat Lead __ig
National Power and Lt_ 7 7-!
New York Central _15 3-S
No Am Aviation _17 3.4
North American _19
Northern Pacific _ 7 5.8
>-** - ti 1-s
Otis Elev _15 5.4
Pac G and E _29 1-2
Pac Mills _.._ 11 5.s
Packard_ 3 1.?
Param Pix _ 7 3.5
Param Pf_85
Penney j c_ fli
Penn Railroad _ 23 3-S
Phillips Pet 1_37
Pitt Scr and B _ I, 1.2
Public Service N J_34 1-8
Pullman _ 24 3-8
Pure Oil _ 7
Radio . 4 3.4
Rad K O.. 2 3-8
Remington Rand_ 8 7-8
Rep Stl - 18 1-2
Reynolds B_.__ 34 3.4
Seab A L_ 1-4
Seab Oil_.___13 1-4
Sears ......_83
Shell Cn . a
Socofiy Vac __ 8 1-4
Sou Pac 9 3-4
Sou Ry___ 13 1-2
Sperry . 42 1-2
Std Brands_ 6 1-4
Std Oil Cal.17 5-8
Std Oil Ind___... 24 5-S
Std Oil N J- 33 7-8
Stewart Warner___ 7
Studebaker_ 7 7-8
Swift ___..._19 1-2
Tex Corp.. 3G 1-8
Tex Gulf Prod_ 2 7-8
Tex Gulf Sul .. 34
Timken Det Ax_i—__29
Trans Amer_.... 4 3-4
Trans & West Air ......_18
Un Carb _75 1-2
Un Par —. 85 1-8
Unit Aire_ _40
Unit Corp _ 1 3-4
Unit Drug_ 4 3-4
Unit Fruit _70
Unit Gas Imp _11 3-4
US Ind Alco . 23 5-8
US Pipe .. 28 7-8
US Rub ..21 3-S
US Smelt and Ref _ 64 2-4
US Steel..60 1-2
Vanadium_ S3 1-4
Va Caro Chem_ 2 3-8
Warner Pic - 2 1-2
West Mary _ 3 5-8
Westerri Union_20
West Elec and Mfg_109 1-4
Wilson .. 4 1-2
Woolworth . 33 3-4
Yell T and C .15 5-8
Youngs S and T_35
Total sales 769,900.
CURB
Cities Service - 5 3-8
El Bond & Sh —. 5 1-4
-Gulf Oil .— 29 1-2
NEW YORK SUGAR
NEW YORK, Oct. 2.—(A*)—
Domestic sugar futures plowed on
through active profit taking and
hedging today to gain 1 to 3 points
on turnover of 9,100 tons.
Demand was spurred by improv
ment in the raw and refined trade,
plus news the senate finance com
mittee would act on legislation to
extend the quota through 1941.
Activity in world futures broad
ened to 5,550 tons and prices rose
2 to 3 1-2 points as concern over
the Far Eastern situation mounted
December closed .80 l-2b, Mch.
86 l-2b.
In the raw market 5,000 bags of
Puerto Ricans clearing Oct. 10,
sold at 2.77 cents a pound: 4,200
tons of November Mpment Phil
ippines brought 2.80 cents, and 1,
000 tons of Philippines due Oct.
4 sold at 2.75.
In the refined market the only
change was a temporary reduction
of 10 points to 4.20 cents a pound
made for Chicago r.nd West.
No. 3 range follows: 2
High Low Close
Jan _ 1.88 1-87 1.87B
Mch . 1.93 1.92 1.92B
May . 1.97 1.96 1.96B
July "I.. 2.01 2.00 1.99B
Sepi .. 2.04 2.04 2.03B
B-Bid.
CASH GRAIN
CHICAGO, Oct. 2.—OP—Cash
wheat No. 1 'hard 85 1-4; No. 2
red 88 3-4.
Corn No. 1 yellow C'. l-< to 65
1-2; No. 2, 64 1-2; sample grade
white new 60 1-2.
Oats No. 2 mixed 32 1-2; sample
grade, 28 1-2; No. 1 white heavy
34; No. 2, 33 1-2; sample grade
white 28 3-4.
Barley malting 48 to 63 nominal;
35 to 47 nominal; No. 1, 51; No. 1
malting 56.
Field seed per hundredweight
nominal: Timothy seed 3.65; ai
sike cloverseed 9.00 to 11.00; fancy
red top 7.50 to 8.00; red clover
8.00 to 10.00.
NEW YORK METALS
NEW YORK, Oct. 2.—Ufl—Cop
per steady; electrolytic spot Conn.
Valley 12.00; export, fas NY 9.90.
Tin steady; spot and nearby 51.50;
forward 51.00. Lead steady; spot,
New York 5.00 to 5.05; East St.
Louis 4.85. Zinc steady; East St.
Louis spot and forward 7.25. Pig
iron, aluminum, antimony quick
silver, platinum, Chinese wolfra
mite and domestic scheelite un
changed. 2
CHARLOTTE COTTON ' ’
CHARLOTTE, Oct. 2.—(.T)—Spt>t
cotton 9.55.
RAILS CONTINUE
TO PACE MARKET
Carriers Go To New .1940
High In The Associated
Press Averages
NEW YORK, Oct. 2.—(iP)—Rail
road issues clung firmly to their
position as pace-maker for a ris
ing bond market today and were
ably assisted by the foreign dollar
group.
The carriers went to a new 1940
high in the Associate ’ Press aver
ages for the second day in a row
as buyers combed the list and fer
reted out individual loans that have
not thus far shared in the improve
ment of the past few d-ys.
Japaniese bonds rallied strongly
and fresh gains in British empire
and South American loans gave the
dollar section numerous gains of
from 1 to around 4 points. Included
were Japanese 5 l-2s and 6 l-2s.
Tokyo 5 l-2s, United Steel Works
3 l-4s, Canada 3s and Buenos Aires
4 3-8s.
Domestic issues ahead m ajor
fractions to a point or more in
cluded International Hydro Elec
tric 6s at 53. Erie 5s at 16 1-8,
Baltimore & Ohio 4 l-2s, at 14
1-2, Portland General Electric 4
l-2s at 74 1-2, Studebaker 6s at
103 and Nickel Plate 6s at 89 1-2,
Colorado & Southern 4 l-2s ran up
3 1-2 to 23 on news the company
would pay interest on the issues
when it next becomes due.
U. S. Governments were quiet
and ended up 4-32 of a point to
that much lower.
Transfers of $8,923,400. par va
lue, compared with $9,176,700 on
Tuesday.
CHICAGO LIVESTOCK
CHICAGO, Oct. 2.—(if)—Hogs
opened strong to 10 cents higher
today but closed with the full ad
vance lost. Fed steer.: yearlings
and heifers advanced 15 to 25 cents
while other classes were unchang
ed. Fat lambs held steady to
strong.
Hog receipts were moderate, to
taling 16,000 with 4.000 direct to
packers. Although losing the full
advance, the top remained at the
early of $6.70.
The general cattle ’•’arket was
a forced affair with killers opera
ting for numbers in f of a slug
gish dressed market condition.
Four loads of prime steers made
$13.90.
(U. b. Dept. Agr.i—balable hogs
12,000; total 16,000; opened fairly
active and strong to 10 higher than
Tuesday’s average; closed with
most of early advance lost; bulk
good and choice 210 to 300 lbs.
6.55 to 65; early top 6.70; most
175 to 200 lbs. 6.10 to 45; few loads
310 to 400 lbs. 6.35 to 50: few light
weight sows 6.35 and above; 300
to 350 lbs. 6.10 to 30; 350 to 450
lbs. 5.70 to 6.25: 450 to 500 lbs.
5.50 to. 85; shippers took 1,000;
holdovers 2,000.
Salable cattle 8.000: calves, 1,000.
fed steers and yearling 15
to 25, mostly 25 higher; all grades
and representative weigh' shared
advance; general market a forced
affair; killers operating for num
bers in face of sluggish dressed
conditions; some medium to good
heifers 50 higher; r s and bulls
steady; vealers 50 lower; sizable
supply fed steers 13.00 upwards;
extreme top 13.90 paid for four
loads; best long yearlings 13.50;
light yearling steers 13.00; best
heifers 11.85; but nothing strictly
choice here in heifer line; medium
to good steers substituted because
of generally scant supply today
and earlieriin week; stackers and
feeders continued fairly active at
8.75 to 10.50; with calves at 10*50
to 11.25; on early rounds most
vealers sold at 11.00 down but a
high of 12.00 early on kosher ac
counts; Jewish holiday later in
week a bullish influence on veal
ers and heavy fat cows, but star
vation run heifers all weights sup
ported this trend.
Salable sheep 4,000; total 8',500;
moderately active; all classes stea
dy to strong; top 9.35 on five decks
tives 9.25 and a lew m.sd; merely
good to choice 91-lb. Washington
lambs; bulk good to choice natives
9.25 and a few 9.35; merely
good lots 9.00 to 10; throwouts
6.00 to 7.50; good to choice fed
Texas yearlings C.00 to 15; some
late arrivals held higher: slaught
er ewes mainly 3.10 to 4.00. 4
CHICAGO POTATOES
CHICAGO, Oct. 2.—(iP)—OJ. S.
Dept. Agr.)—potatoes, arrivals 71;
on track 334; total U. S. shipments
622; supplies liberal; demand
lather slow; for Northern Ohio
market slightly stronger, for north
ern triumphs market firm on best
quality, for other varieies all sec
tion market steady; Idaho russet
Burbanks U. S. No. 1, 1.50 to .60;
Colorado red McClures U. S. No. 1,
1.25 to 30; Utah triumphs U. S.
No. 1, 1.30; Minnesota and North
Dakota cobblers 85 to 90; U. S.
No. 1, .77 1-2 to .85; early Ohio
85 to 90 per cent U. S. No. 1,
90 to 97 1-2; bliss triumphs 85 to
90 per cent U. S. No. 1, .75 to
1.00. 3
LIVERPOOL COTTON
LIVERPOOL, 6ct. 2—05*)—Mod
erate business in spot cotton,
prices 12 points lower. Quotations
in pence: American, strict good
middling 8.83 good middling 8.43
strict middling 8.28 middling 8.18
diing 7.78; strict good ordinary
733'; good ordinary 6.98.
Futures closed 17 lower to 6
higher. ‘ • 3
V ^- v LARD r-i:;11
CHICAGO. Oct. 2.—(JPt^Lard;
tierces 4.47; loose 4.67bellies 9.25.
•• •
Closing Bond Quotations
BY THE ASSOCIATED TRESS
uUVKKNMENT
Treasury
3V*s 45-13 - 108.K
46-44 - 109.1(
2%s 47-45 _ 109.8
3s 48-46 ___________ 111.8
3Vss 49-46 —_111.2$
414s 52-47 ______ 120.9
2%s 51-48 - 109.1
2'/as 53-49 - 106.H
Home Owners Loan
2Us 44-42 -^-103.11
3s 52-44 -————.. 107.1'
New York City Bond
3s 80_-___ g7
DOMESTIC
AT and SF 4s 95_____105 ct
B and O Cvt 4%s 60_II” 14 M
Can Pac 4s Perp _ 531/
Chi E IJ1 5s 51 _ 1435
Chi Gt West 4s 59_ 37.^
Cri and P Rfg 4s 34_ 7
Clev Un Term 5Hs 72_ 86!4
Ciev Un Term 4»,is 77C_ 70^
Erie Rf 5s 67 —__ _ 16
CHICAGO GRAIN
CHICAGO, Oct. 2.—UP)—Profi
taking, attracted by price gain;
ranging up to 5 to 7 cents durinj
the past month proved to be to<
much of a burden for the whea
market to absorb today withou
giving up a bit of the ground cov
ered recently.
Quotations were fractionally low
er most of the session, backinf
down as much as 3-4 to 7-8 cent
at one stage and closing 3-8 to 3-<
lower than yesterday, Decembei
81 7-8 to 82. May 81 1-2 to 3-8. The
market got some support f r on
mills but selling was r ompted no
only by the urge to accept profit;
but also by sluggish r nr busines;
and a price decline at Bueno:
Aires.
Corn closed unchanged to 3-8 off
December 58, May 59 1-8; oat;
1-8 higher; soybeans 1 3-4 to 1 7-1
lower; rye 1-8 to 3-8 down ant
lard 5 to 10 lower.
Crop experts’ October estimate;
of spring wheat production aver
aged 225,000,000 bushels, which wa:
9,000,000 more than a month ag(
but 3,000,000 less that the Septem
ber government forecast. Harves
last year totaled 192,000,000 bush
els.
traders continued to move cau
tiously due to uncertainty regard
ing producer reaction to presen
wheat prices, which are abovi
lean rates in many localities. No
2 red sold at 88 3-4 here, 7 3-‘
over the loan rate, while No.
hard brought 85 1-4. Kansas Cit;
report said there was a slight in
crease in country purchases then
but there was no sign of any ma
terial loosening up of supplies ant
substantial sales of stored whea
to outlying mills were reported. •
Open High Low Closi
WHEAT:
Dec _82 Vi 82 Vi 81V 82
May .. 82 82 Vi 81V* 81 Vi
July __ 78Vi 78Vi 78 78V
CORN:
Dei ___57Vs 58Vs 57 7a 58
May .59 Vi 59V 59 V s 59V
July —_59 Vi 59 Vi 59 Vi 59 *;
OATS:
Dec ..31V _ 4.___ 31V
May _32 Vs 32 Vi 32 Vi 32 Vi
SOY BEANS:
Oct _74 Vi 74Vs 73Vi 73 V
Tlec _ 76 76 74 Vi 74 Vi
May _ 79 79 77 V4 771:
RYE:
Dec _45 Vi 45 V 4 5 Vi 45 41
May .- 4SVs 49 48Vi 48V
Jjlv ..4 9 Vi 4 9 Vi 49 Vi 49V
LARD:
Oct.. 4.50 4.50 4.40 4.4!
Dec .- 4.72 4.72 4.62 4.6
Jan __ 4.85 4.85 4.75 4.7'
Mar __1- - 5.9:
BELLIES:
Oct .. 8.21
DRY GOODS
NEW YORK, Oct. 2.—(iW—/i
board inquiry affecting widely
scattered constructions of cotton
print and broad cloths was report
ed in textile markets today. Actual
sales were in moderate volume at
unchanged prices.
Woolen goods merchants said
gabardines and worsteds for spring
deliver sold well at advanced
prices and the market generally
was strong.
Rayon and silk goods moved in
light volume. 3
BALTIMORE HOGS
BALTIMORE, Oct. 2.—<*)— (U. S.
Dept. Agri.) — Hogs. 500; steady
with Tuesday; good and choice
180 to 220 lbs. 6.65 to 90; practical
top 6.90; 220 to 240 lbs 6.55 to 80;
160 to 180 lbs. 6.45 to 75; 250 to
300 lbs and 150 to 160 lbs 6.35
to 60; no to 150 lbs. 6.00 to 25;
130 to 140 lbs. 5.80 to 6.00: 120 to
130 lbs 5.55 to 80; packing sows
4.85 to 5.35. 3
NEW ORLEANS COTTON
NEW ORLEANS, Oct. 2. — CTO —
Hedge selling and favorable weather
in the belt depressed cotton futures
here today and the market closed
steady, unchanged to 3 points net
lower.
Open High Low Close
Oct — 9.59 9.60 9.57 9.59N
Dec 9.60 9.60 9.56 9.5S off 2
Jan .. 9.48B_ _ 9.47B
Mch 9.52 9.52 9.52 9.52 off 3
May „ 9.39 9.39 9.35 9.38 unch
July1 9117 9.17 9.14 9.16 unch
BUTTER
NEW YORK, Oct. 2.—UP)—Butter
995,967; firmer. Creamery; higher
than extra 30 to 30 3-4; extra
(92 score) 29 3-4; firsts (88 to 91)
27 3-4 to 29 1-2; seconds (84 to 87)
26 to 27 1-4.
Cheese 473,610; steady to firm.
Prices unchanged. 3
UA VA VUA AVil
NEW ORLEANS, Oct. 2— UP) —
Spot cotton closed steady and un
changed. Sales 2,503. Low middling
3.52. Middling 9.52. Good middling
3.97, receipts 2,670, stock 560,601.
f- PEANUTS
^Suffolk, ya. Oct. 2.—<*>—
e^nut quotations: jumbos 3 3-4
to :4; bunch 3. 1-4 to*3 1-2; runners
3 to 3 1-2. Market quiet. 4
Fla East Cst us 74 _ 8
Hud Coal os 62A _ 31V
Hud and Man Rfg 5s 57_ 45 Vi
Int Mer Mar 6s 41 _ 7u
Lou and N 4 Vis 2003 _ 96
M K and T Adj 5s 67_ 5Vi
Mo Ran Gen 4s 75_ . ] %
NYC Rf 5s 2013_ 65%
Norf and W 4s 96_12514
Nor Ran 6s 2041 _...__ 58%
Penn RR Gen 4Vis 65 __10414
Phil I^ead C and 1 Cv 6s 49 .. 4 Vi
Seab A L Cn 5s 45_ 4%
So Pae Rfg 4s 55___ 60
So Rv Cn 4s 56_ 59
Th:'-’.l Ave 4s 60_ 56%
West Md Is 02 __ 89
FOREIGN
Australia os 55_ 54 %
Australia 4Vis 56_ 48%
Brazil 6Vis 26-57 _ 11%
Ger Govt 7s 49_ .17
Italy 7s 51 _ 491;
Japan 6Vis 54___ 71
Orient Dev 5%s 08_46
Rio Gr Do Sul 6s 68 7 V
Shipping N,ews
; CLEARED AND SAILED
Tankers
: Caliche, light for Smith Bluff
■ after discharging cargo of gasoline
for the Cape Fear Terminal coin
■ pany.
A. S. Hanson, 3.202 tons, towing
barge Puvan, 1,310 tuns, for Nor
: folk after discharging part cargo of
gasoline for the Cape Fear Terminal
company.
INWARD BOUND
Steamer
: Delpliia, I'OC.u tons, in ballast, from
Savannah, c. D. Maffit and Co.,
agents.
Tankers
1 Olney, 4332 tons, from Houston,
^ with gasoline for the Shell Oil com
pany; vessel from the Cape Fear
! Shipping Co.
Arizona, 3106, Port Arthur, gaso
line and petroleum for the Texas
| Oil Co.
Tug
’ Ontario, to whig barge, Waukesha,
2299 tons, Port Tampa, with cargo
. phosphate rock, I-Ieide and - Co..
. agents.
i IN’ PORT
Steamer
i Villaperosa (Ital.1, 3621 tons, held
. in port because of war.
BUTTER
' CHICAGO. Oct. 2.— 1M—Butter,
i receipts 748,084 firm creamery,
93 score 29 1-2 to 30, 92 29, 91 28
[ 3-4, 90 28 1-2. 89 28, 8 27 1-2, 90
, receipts 3,983 firm refri. exfras
19 1-2, refri standard 19 1-4 other
prices unchanged. 3
DAILY CROSSWORD
ACROSS
1. A brawl
4. Elevator
cage
7. Mother
8. Across
10. Unroll
11. Cut into
cubes
12. Peel
13. Ancient
country
14. Grow old
xo. cuecinuea
particle
17. Explode
20. Volley
22. Exist
23. Cubic foot
per second
25. Type measure
26. A catkin
27. Jewish month
29 Cleanse of
soap
30. Exclamation
32. Called, as by
a bellboy
34. Evolve
36. Epoch
37. Play on words
38 Wheel tracks
41. Hurt
43. Beige
44. Plant of lily
family
45. Slender
46. Gaunt
47. Goddess of
dawn
48. Ever (contr.)
DOWN
1. Sword
2. Foretoken
3. Magician’s
rod
4. System of
signals
5. Greedy
6. Draw back
7. Place for
dead bodies ;
9. Transfer .
14. Warp-yarn
16. Not
(prefix)
18. Frighten
19. Teeming
20. Intelligence
21. Performed
24. Japanese
coin
!7. Mimic
!8. Kind of cap
10. Sharpness
SI. Female fowl
S3. Awkward
S5. Tumult
59. Set of three
10. Exposes to
sunlight
11. Robust
12. Toward the
lee
I__
:
Yesterday’s Aaswar
Recorder’s Receipts
Total $2,124 In Month
Offenders convicted in New Han
over recorder’s court during tire
month of September paid a total of
$2,124.21 in fines and court costs, it
was learned yesterday morning in
the office of the clerk of court.
Fines totalled $1,073.40; costs
$677.90; jail fees $50.45; police pen
sion fund fees $131.05; state fees
$131.20; emergency pension fund
fees $40 and turnkey fees $20.25.
SUPPORTS AIRPORT?
HENDERSONVILLE, Oct. 2.—OT)
—U. S. Senator Josiah W. Bailey
(D-NC) hag assured Asheville and
Hendersonville chambers ol’ com
merce representatives of his support
of plans for improvement of the
Asheville-Hendersonville airport suf
ficiently to permit landing of Penn
Central airline planes, flying between
Norfolk, Ya., and Knoxville, Tenn.
N. O. COTTONSEED OIL
NEW ORLEANS. Oct. 2.—UP)—
Cottonseed oil closed steady,
^teachable prime summer yellow
>.30 nom; prime crude 4.50. Oct.
l.90b, Dec. 5.10b, Jan 5.03b, Mch.
>.15, May 5.22b. 4
Bid-bid.
ADVERTISEMENT
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Without Calomel—And You’ll Jump Out ol
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The liver should pour 2 pints of bile Jules
Into your bowels every day. If this bile is
not flowing freely, your food may not di
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gas bloats up your stomach. You get con
stipated. You feel sour, sunk and the world
looks punk.
It takes those good, old Carter’s LIttls
Liver Pills to get these 2 pints of bile flow*
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Get a package today. Take as directed.
Amazing in making bile flow freely. Ask
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The six-bottle carton ofCoca-Cola
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*
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