PRESIDENT SIGNS
TRADE MEASURE
WASHINGTON, July 5.— (U.R) —
President Truman today signed
reciprocal trade legislation giving
the administration more liberal
tariff-cutting authority for its pro
gram of international economic co
operation.
The bill was the first of a series
of congressional moves to imple- j
rr.enr administration foreign policy.
Still to come at senate ratification j
of the United Nations charter and
senate action of the house-approved:
bill to ratify the Bre ton Woods in
ternational monetary agreements.
The reciprocal trade bill extend
ed until June 12, 1947, the 11-year
old trade agreement law under
which agreements have been ne
go iated with 28 nations for reci
procal reduction of barriers to in
ternational trade.
It authorized the administration
to cut tariff rates up to 50 per cent
b-.low levels in effect last Jan. 1.
The law previously had permitted
reductions up to 50 per cent in
rates fixed by the Hawley-Smoot
tar;ff act of 1930.
The administration contended
that more liberal authority to cut
tariff \* .s needed because much
that had been authorized in the
previous law had been exhausted.
It explained that the maximum
Veducticn had been made on 42 per
cent of the dutiable imports and
that smaller reductions had been
made on another 30 per cent. It
said that maximum cuts had been
made on a much larger proportion
cf imports from the nations which
were the best customers for Amer
ican exports.
-V
ILL VETS CAN LISTEN IN
BATTLE CREEK, Mich., July 4.
—(U.R)—Convalescent servicemen at
Percy Jones General Hospital
here will be able to listen in on a
new $60,000 bedside radio distri
bution system. The system will
carry both programs which origi
nate in the hospital and those
picked up trom the radio. Each
patient will be able to select one
of five offerings and listen in oi>
individual headphones.
/?UY WAR BONDS AND STAMPS
a St. John's Tavern
114 Orange Et.
Rial 2-8085
DELICIOUS FOOD
Chicken In The
Rough — Friday
NOW THROUGH SA'a'UAIUa
Gay Romantic Comedy!
! Oh. What A Girl!
She Didn't Know
When To Stop...
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7:10-9:10
TODAY — SATURDAY
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DON’T BLAME US IF YOU
CAN’T SLEEP AFTER SEEING
Thrills of terror'
and -mystery ini
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t Definitely Not For Children
^ t Musical—Cartoon—News
SWEATIN’ IT OUT By Mauldin J
---—-'■ ~~~7yl
I f l \ ' -— r.oor I?45 by United t-eature Syndicate, me.*
1 iSM'lWyU-t H I__v_■ ■ 1-11
“Ya gotta git rid of him. We don’t want this plane
involved in no scandals.”___
$90,244 Worth Of City
Building Papers Issued
Estimated cost of repairs, altera
tions and erections in Wilmington
last month amounted to $90,244,
City Manager A. C. Nichols re
ported yesterday.
The largest figure for the month
was involved in the construction of
a new building at Thirteenth and
Marstellar streets by the Fox
Bakery at a reported cost of $30,
000.
The second largest figure was
reported by the Lea and Smith Fish
Market, 116 South Water street,
where $11,500 was involved in al
terations to the market.
Total building permit fees total
ed $263.50, while street permit fee?
were reported at $30.75.
MANOR 7"
---and Sat.
Roaring: Action
And Flying: Fist! -—
DAVE O’BRIEN _
m HIT
“RETURN OF NO. 2
THE RANGERS”
Laffs For The
Entire Family
?oP45 “ROSIE THE
a. m. RIVETER”
Daily Chapter No. 2
“Secret Service
In Darkest Africa”
Late Show Tonite and Sat.
"PASSPORT TO DESTINY"
TODAY AND SATURDAY
Also — Comedy
Latest NEWS Events and
“MYSTERY OF THE
RIVER BOAT’’
■09cI Z\ Hl+llJ 24c
TODAY anil SATURDAY!
Actions! Thrills!
Ride the Danger
Trail with
WILD BILL
ELLIOTT
M tie
—NEW SERIAL—
“BLACK ARROW”
Last Chapter: “Ghost City”
—Also Color Cartoon—
- -ft-——— --
BABSON BERATES
PESSIMISTICS
„ By ROGER W. BABSON
BABSON PARK, Mass., July 6.—
Certain well-know investment coun
sellors have for some months been
very bearish. They believe that
shocks are too high and that it is
a mistake to invest money in stocks
at the present time. I assume that
they also mean that those having
stocks should immediately sell
them. Of course if these men stick
long enough to their bearish at
titude, they will eventually prove
themselves to be '“right;” but this
may take some years. In the mean
time, while they have constantly
been bearish, stocks have constant
ly gone further up in price.
I also find men of experience
who believe that after the war our
country will be headed for defla
tion rather than inflation. They look
for lower commodity prices, re
duced wages, lower rents and other
features of a deflationary move
ment. Here again these pessimists
will some time be rewarded if they
stick to it long enough; but I be
lieve they are absolutely wrong so
far as concerns the immediate
postwar period of perhaps some
years duration.
Of course, there will be periodic
breaks in the present bull market.
A “Communistic scare” may occur
at any time. When the professional
stock operators in New York have
sold out their holdings they always
dig up some pessimistic news to
try to break the market in order
to again pick up cheap stocks. On
the other hand, I believe that any
such breaks in the market would
be temporary. It now looks as il
the present bull market may run
two or three years more.
Both the pessimists and the
optimists refer to World War I and
what followed World War I as evi
dence for their present forecasts.
The pessimists point to the big
break which occurred in the earlj
20’s; while the optimists refer tc
the continuous bull market which
existed from 1923 to 1929 when the
Dow-Jones average went' up from
86 to 386.
l insist mat we ate living in an |
absolutely different world than
existed in the latter years of World
War I. Certainly this country is in
an entirely different position with
absolutely different condi ions ex
isting. Both the pessimists and
optimists should agree to this if
they have any sense of proportions.
In fact, the pessimists can com
pare our present huge national debt
today with the comparatively small
national debt existing in 1919. On
the other hand, the optimists can
prove that following World War II
the United States will be the strong
est, richest and most productive
nation in the world. Furthermore,
our country, for some years, will be
free from competition from Ger
many, Japan and other previous
competitors.
Mind you, I am not talking about
what will happen after, say, 1940.
Some day the whole world must
pay for the sins of the past decade.
Only a spiritual awakening can
prevent it. Then there again will
be unemployment, business failures
and real estate readjustments. Rus
sia, China and certain oilier coun
tries with cheap labor will then
take world markets away from us.
The E n g 1 i s h-speaking countries
may then be threatened with a
semi-Communism of some kind.
Between now and when such a time
comes, however, I expect to see
much higher stock prices. With
nearly • $30,000,000,000 in pockets
and cash drawers, with only a
very limited supply of securities to
ourchase, stock prices must sell
higher.
It is true that the Dow-Tones In
dustrial Average which was 42 lrJ
1932 now stands at around *6°: “V1
remember that it went up to 38 in
1929 and could as well sell again at
that former high. Before .
any industrial-inflation-prpo
take time to compare their p
prices with the highs oT 29mbined
is very important wnen
with a study Of how pn«s c°mpare
on a “times earnmgs basis. ^
■ I*OX WARBONDS AND SlAMf\
TITLE HOPE FOR
BATAAN VICTIM
P-Y WILLARD HAZELBUSH
nited Press Staff Correspondent
FORT WORTH, Tex., July 5.
—(U.R>—Cpl. J m Newman, the
Bataan hero whom medical
opin’on has doomed to death,
today gave a siim lighting
chance to survive Japanese
brutality.
Dr. Jack Daley, inspired by
his ever cheerful patient’s in
domitable courage, said the
25 year old living skeleton—
he weighs only 92 pounds—had
one chance in a thousand to
live.
Corporal Jim’s dauntless
spirit and avowed certainty he
would cheat death, Dr. Daley
said, might pull him through—
despite his starved condition
and the illnesses that struck
him during three horrible
years in a Japanese prison
camp.
Courage and prayer — Jim
said prayer alone kept him
alive oa Luzon—might save the
Fort Worth soldier if he lives
a few more days, his physician
explained.
But Dr. Daley agreed with
Army doctors that medical
science and food were of lit
tle avail now.
Military _ authorities had
fought since his liberation last
February to save the once
brawny six-footer from effects
of malnutrition, tuberculosis,
beri-beri and larnygitis. Then
they sent Jim home Monday
so he might die in his own bed.
That’s the way Jim’s Par
ents, Mr. and Mrs. 0. F. New
man, wanted it.
Of course, Jim wanted to be
home, too. But he said right
away he wasn’t going to die.
“I’m going to get well,”
Jim repeated, adding that his
odds on that are much better
than given by Dr. Daley.
"Mom’s b scuits and my own
prayers will pull me through.”
Corporal Jim has been lux
urying in his mother’s home
cooking ever since the Army
General hospital, Santa Fe,
N. M. Army doctors figured
he might as well eat what ana
all he wanted, so they lifted
their rigid d'et.’
yesterday Jim took his medi
cine quietly and joined his
parents in eating Texas water
melon—just to prove that "all
I need is good food and plenty
of rest.’’
FAST RELIEF
From Too Frequent Urination,
Backache, Run-Down Feeling
—due to irritation of the bladder
caused by excess acidity in the urino
Famous doctor's discovery acts en the
kidneys and helps ketp you from gstting
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! Are you suffering unnecessary discom
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Getting up often at night? These symp
toms may be caused by bladder irritation
due to excess acid in the urine. Then try
that famous doctor’s discovery — DR.
KILMER’S SWAMP ROOT.
Famous for many years. Swamp Root is
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roots, balsam and other natural ingre
dients. There’s absolutely nothing harsh
or habit-forming in this scientific prepara
tion. Just good ingredients that quickly
act on the kidneys to increase the flow of
urine and relieve bladder irritation and
its uncomfortable, distressing symptoms.
You’ll say its marvelous effect is won
derful!
Send for free, prepaid sample TODAY!
; Like thousands of others you’ll be glad
that you did. Send name and address to
Department F, Kilmer & Co., Inc. Box
1255, Stamford, Conn. Offer limited. Send
at once. All druggists soil Swamp Root.
Red Cross Warning
Issued On “Calls”
A warning to the families of
local servicemen to check all
doubtful sounding reports about
their men in service purportedly
given by the Red Cross with the
Home Service Department of that
organization was issued yesterday
afternoon by J. Henry Gerdes,
chariman of the Wilmington Chap
ter of the American Red Cross.
Issuance of the warning was oc
cassioned by queries from several
families of Wilmington servicemen
who reported having received tele
phone calls from someone posing
as a Red Cross worker and given
false information as to the suppos
ed return home of the men. One
family reported a pnone call re
ceived shortly after midnight when
they were told that their son could
be expected home the following
day.
The Red Cross asks that fami
lies receiving such calls should re
port them immediately by calling
the Home Service Dept, in the
Trust building, 2-2321 if they are re
ceived during the day or informing
Mrs. Emma B. Howell,. Home
Service secretary at 2-8074 if they
occur in .the night.
Red Cross workers, in the event
of delivering an important message
usually call in person and present
their credentials. If the occassion
demands a telephone call the
authentic Red Cross worker has
means of identifying herself over
the telephone.
-V
PORTLAND, Me., July 5.—(U.P.)—
Mrs. Edwina Hammond of Winter
port sought a divorce from her
husband because she said he made
her live in a chicken coop._
Col. Brooks Allen Most
Medaled Davidson Man
DAVIDSON, June 5.—Col. Brooks
E. Allen, of Wilmington,' is perhaps
Davidson College’s most decorated
alumnus, its was reported here to
day.
Col. Allen is a graduate of the
class of 1933, and is of the Pacific
Arm of the Air Corps. He has re
ceived the Distinguished Service
Cross. Distinguished Flying Cross,
Silver Star, Legion of Merit, Ai; I
Medal and the Purple Heart. ’ H
A known total of 150 Davidson B
alumni in the armed forces havn I
been the recipients of 359 deco-a. I
tions and cita ions, and reports .5 I
the alumni office are constants I
swelling the total.
'MALARIA
CHECKED IN 7 DAYS WITH
LIQUID for
MALARIAL
SYMPTOMS
Take only as
directed
I- FOR -
CORRECT TIME
CALL 2-3575
- FOR -
CORRECT JEWELRY
VISIT
The JEWEL BOX
Wilmington’s Most I’opular
Jewelry Store
109 N. Front Si.
SALLY AM
SUNFED
VITAMIN
BREAD
WITH VITAMINS B, E RW, MINERALS,
AND “SUNSHINE” VITAMIN B
You'll Enjoy
Our New
SALLY ANN
LOOK FOR THIS SEAL ON
THE WRAPPER OF EVERY LOAF
The Sunfed Seal identifies the use of Sunfed
enrichment for extra flavor, extra nourish
ment, and extra toasting qualities in Sunfed
Vitamin Bread.
ft^FLAVOR:
The natural flavor from the life germ of the wheat, nature’s
own flavor source, gives to Sunfed Vitamin Bread a tempting
richness not found in ordinary bread. Never before has a loaf
of bread come out of our ovens with such delicious, appetizing
natural goodness. Taste it and you’ll agree.
itgU/fm VALUE:
Sunfed Vitamin Bread contains natural vitamins Bi E G(»j),
minerals, and rare "Sunshine” Vitamin D. No other bread has
all of this nutritional value . . . food value enough to supply
most of your needed daily requirements of these nourishing
vitamins.
H0U/ TOASTING QUALITIES:
Sunfed exceptional toasting qualities come from the life germ
of wheat. Its natural oil and minerals caramelize quickly, coat
ing the surface with a rich, golden brown, which teak
at never before, the delicious flavor and tender
ness into each toasted, nourishing slice.
Under the seal of the Wisconsin University Alumni
Research Foundation, all Sunfed Vitamin Bread is,
for your protection, subjected to periodic tests, by this
recognized authority, to make sure 250 U.S.P. units
of Vitamin D are contained in each pound of bread.
Fox’s S| O T AJL
Ann ZBAKERYI &l6ad - Sakti
1306-08 Market St. # Dial 7171
| For Thrifty Foods Of Quality |
Want real values on fine-quality foods? Then IT’S TIME TO TURN 1
Tf> A&P' Yes, you’ll find hundreds of grand things to eat at your A&P |
Super Market. And because they’re all high quality . . . they make
mighty delicious eating! They make thrift eating, too, for A&P offers
you these quality foods at modest prices. Come in today and see for
yourself. You’ll agree that A&P has the values!
FRESH RIPE
PEACHES. .5ihs. 21c
FRESH BING
CHERRIES.lb. 33c
LEMONS. ^ .lb. 12c
SWEET RIPE
CANTALOUPE lb. 8c
NEW GREEN
CABBAGE lb. 5c
FRESH
I CARROTS. 2hunches 17c
NEW WHITE
POTATOES.. .lOlhs. 44c
WATERMELONS
ENRICHED DAILY
DATED
MARVEL
BREAD
Lge.
Hi-Lb.
Loaf
SOY BEANS
RIVER SIDE
3 Cans 1 QC
NUTRISOY
3 sj 25c
. COTTAGE
CHEESF
ICE COLD
WHOLE OR HALF
«niniMlO|
12 Red Points Per Lo
WESSON
OIL
Can 27C
12 Red Points Per I,b.
SNOWDRIFT
s 67c
12 Red Points Per Lb.
OLEOMARGARINE
DIXIE
s 25c
A NATIONAL
FAVORITE
NECTAR
TEA
34c
OUR OWN
TEA
%-Lb.
Pkg. O X »
I ™1^S°NJARS
Lit 7S’ £ 95‘
Mar Rmgs . . . 6ns„25
Jar Cans *
/Fruit Pectin 2q
Cdrto pk« 24c Shpa i r ®c|
Paraffin WaSr Jel ,2‘
Wn.„r"* ' ' « }*
~* * ■ ■ Hot. f /
BULK NOT RATIONED
\k 27c
SMITHFIELD
CREAM
CHEESE
4 RED POINTS
Pimento and Relish
IK i5c
NAUVOO
BLUE
CHEESE
8 RED POINTS
lb, 59c
29-Oz. GLASS—20 BLUE PTS.—RICHLAND
PRUNES prepared. .^lSc
J SUNNYFIELD CORN
FLAKES ..... at 5:,
POLK’S BLENDED
JUICE ..^ 40:
1 19-OZ. CAN—10 BLUE POINTS—A&P
APPLE SAUCE c- 13:
bee brand
INSECTICIDE . s, 19c
46-OZ. CAN—10 BLUE POINTS
V-8 COCKTAIL 30
MONTEREY GRAPE
[JUICE PUNCH . & 24!
\ SUPER
/MARKETS
QWNED ANO OPIEATED IT THE GREAT AT LA NT 1C A PACIFIC