The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, February 03, 1946, FINAL EDITION, Second\Society Section, Image 20

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The Wilmington morning star. [volume], February 03, 1946, FINAL EDITION, Second\Society Section, Page 8-B, Image 20
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990

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The Wilmington morning star. [volume] (Wilmington, N.C.), 03 Feb. 1946. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn78002169/1946-02-03/ed-1/seq-20/>

Newspaper Page Text

Stock Exchange Reaches
u
Best Level In 15 Years
Specialties Lead Fast Short
Session With Numerous
Good Gains
MARKETS AT A GLANCE
NEW YORK
Stocks—higher: steel, specialities
lead advance.
Bonds—mixed: secondary rails
Improve.
Cotton—firm: trade and mill buy
ing. »
CHICAGO
Wheat—unchanged at ceilings.
Com—unchanged at ceilings.
Rye—unchanged to 5 cents high
er; strong demand.
Cattle—nominally steady.
= Hogs — nominally steady, top
$14.85 ceiling.
CONCLUDES RISING WEEK .
NEW YORK, Feb. 2.—UR-The
stock market today concluded a
generally rising week at the high
est level in 15 years with steels and
specialities leading a fast short
session with gains of fractions to
better than 4 points.
Expectations that the White
House wculd announce a steel price
boost soon continued to keep the
market’s inflation pot boiling, good
— dividends and earnings were help
ful as was further “split-up” talk
for several “blue chips.” Skep
tics still held aloof, however, to
await strike developments.
Although many pivotals faltered,
closing figures for favorites were
at or near the best of the brief
proceedings. Dealings quickened
at Intervals and transfers totalled
1,000,000 shares against 920,000 last
Saturday.
PRESS AVERAGE UP
The Associated Press 60-stock
composite was up .1 of a point at
80.4, a peak since March 27, 1931,
and on the week showed a net ad
vance of 2 full points. Of 876
issues registering, 498 rose, 185
fell and 193 were unchanged.
On the day Du Pont was up 3
3-4 at 203 3-4, a high since 1929.
Bethlehem added 2 3-4 at 112 1-2,
Norfolk and Western 4 1-2 at 274
1-2 and Eastman Kodak 2 1-2 at
254. Lesser gainers included U. S.
Steel, Chrysler, General Motors,
Homestake, Dome Mines, Alaska
Juneau, Paramount, Twentieth
Century-Fox, Union Pacific, Gim
bel, Warner Bros., American Tele
- phone, General Electric, Texas
Co., and Loew’s.
On the offside were Electric
Power and Light, Woolworth, San
ta Fe, Boeing, Radio Corp., Inter
nal onal Paper, International Tele
phone, Aviation Corp., Northern
Pacific and International Harvest
ti .
Bonds were selectively advan
ced. At Chicago the May rye
futures contract soared the limit
of 5 cents a bushel. Oats were un
.. changed to up 3-4. Cotton was up
i 30 to 40 cents a bnle.
In the curb Pittsburgh Metal
lurgical moved up 2 1-4 points on
a proposal to split the stock.
Schulte preferred jumped 5. For
ward learners were Cities Service,
Electric Bond and Share, Humble
Oil and Colonial Airlines, Tum
ovp- here was 740,000 shares ver
sus 590,000 in the previous abbre
viated sess'on.
The big board lit its fastest
stride and widest upswing in near
ly six years on Monday following
the Ford-Chrysler union agree
ments which were viewed as con
firming the inflationary trend. De
spite the beginning of the second
week of non-margin, all-cash trans
actions, volume expanded to 3,
480.000 shares, largest since May
21, 1940. The 60 stocks touched a
new high with an upsurge of 1.8
points, best gain since Nov. 7, 1940.
Steels placed a further advance
Tuesday on an aggregate, of 2,
910.000 shares although profit cash
ing on the bulge put numerous is
sues in the losing ranks. This was
the second broadest market on rec
ord, 1,049 issues appearing. Ac
counts were trimmed Wednesday
on the fear that the projected in
crease in steel prices might not
cover costs and would restrict
earnings. The averages suffered
their first dip since Jan. 25.
Activity slackened Thursday to
the lowest since Jan. 22 as trends
■gain wavered. The month’s aver
age upturn, however, of 4.6 points
was the most pronounced since last
April while the January volume ofi
W .. ■ —■
Bond Quotations
DOMESTIC '
At and Sf 46 95 ..135%
B and O 4s 48 .106%
C and Ei Inc 97---... 86
Cri and P R 4s 34-72
Cl Ut 4%s 77 ..106%
D and Rg W 5s 55 ........... 18%
Fla E C 5s 74 ..88
Hud C 5s 62a -81%
Hud Man 5s 57 -80
111 Cent 4%s 66 - 95%
Mo P G 4s 75-60
N Y C Rfg 5s 2013-■-101%
Nor and West 4s 96 ......—138
Penn R R G 4%s 65 .126%
Sou Ry Gen 4s 56 -105%
foreign
Aust 4%s 56 -106
u. S. TREASURY
2s 53-51 ..104.7—.2
2%s 72-67 June.103.1^.1
2%s 72-67 Dec _103.15—.3
CHICAGO GRAIN
CHICAGO, Feb. 2.—OF)—Another
5 cents a bushel was added to the
rising price of May rye as brokers
bid the grain up the limit allowed
in a single day and held it there
without bringing out more than
light offerings to sell.
The closing quotations of1 $2.17
1-4 a bushel was another 25-year
peak price and only about 20 cents
a bushel under the top in July,
1920.
with an otner grams at or ncai
government-fixed ceilings, the de.
mand centered on May rye follow
ing word that the grain shortage is
up for presidential attention at a
cabinet meeting next Tuesday.
Reports from Washington said
the light grain supply might force
a downward revision of export
quotas during the next five months
and perhaps a return of meat ra
tioning. Secretary of Agriculture
Anderson appealed to farmers to
reduce hog, cattle and poultry
feeding in ordr to concserve grain
supplies for adequate dairy use.
Wheat, corn and barley held
through the session at ceiling pric
es of $1.80 1-2 $1.18 1-2, and $1.22
1-2; oats were unchanged to 3-4
cent up, May 81-cent ceiling; rye
unchanged to 5 up, May $2.17 1-4.
Com trading was at a standstill
in the absence of offers to sell, and
wheat transactions were limited to
a few exchanges of new crop con
tracts.
Open High Low Close
WHEAT:
May - - —- -!- J-80%
Jly 1.80%.— J-80%
Sep 1.80%.1-80%
Dec 1.80% _ 1-80%
CORN:
May -|- - —w- - 1-18%
Jly _ 1.18%
Sep . 1.18%
OATS;
May SI .... 1—— vl
Jly 80% 80% 80% 80%
Sep 78% 79% 78% 79%
Dec 79 79% 79 79%
RYE:
May 2.12% 2.17% 2.12% 2.17%
Jly . 1.44%
Sep . 1-44%
Dec .. 1.44%
BARLEY:
May __ m.... _ .... 1.22%
Jly* . 1.22%
Sep . 1.44%
CASH GRAIN
CHICAGO, Feb. 2.—{JP)—Wheat
nominal; No. 2 red 1.79, No. 2 hard,
L.79 (ceilings)
No com sales.
Oats: No. 1 extra heavy mixed
35; No. 2 extra heavy mixed 84.
Barley, nominal; malting, 1.24-1.
39%; feed 1.10-1.23%.
Field seed per hundreweight, no
minal % red clover. 31.50; sweet
clover 10.25; alsike, 28.50; alfalfa
common 33.50-36.50; timothy 5.25
5.50; red stop, 11.00-50.
51,570,197 shares was a top since
September, 1939.
STOCK AVERAGES
30 15 15 60
Indus Rails Util Stocks
Net change A.2 unch A.l A.l
Saturday 106.6b 50.9 54.0 80.4h
Prev day 106.4 50.9 53.9 80.3
Week ago 103.7 49.6 53.4 78.4
Month ago 99.0 47.0 51.2 74.9
Year ago 80.8 34.3 40.6 59.5
1945
46 high 106.0 50.9 54.1 80.3
1945
.46 low 78.6 32.9 39.2 57.8
1944 high 79.2 34.5 39.2 58.3
h—new 1945-46
What Stocks Did
Sat. Fri.
Advances . 498 529
Declines _ 185 264
Unchanged! _-_193 1164
Total ..„. 876 957
RAILROAD ISSUES
MAKE GOOD GAINS
NEW YORK, Feb. 2—(/P)—Rail
road issues generally edged up
wards in quiet trading in today’s
bond market. The Associated Press
average for 25 rails rose .1 of a
point to a new 1945-46 high of 105.9.
Sales at $2,490,000 were the low
est for a short session since Sept.
29, 1945, and compared with $3,
430,000 last Saturday.
Gains of a point or more were
recorded for Seaboard Air Line 4s
of ’50 stamped certified, New Or
leans, Texas & Mexico 5 l-2s. Hock
ing Valley 4 l-2s and Central oi
New Jersey 5s of ’87 Others im
proving included most Baltimore
Sc Ohio, St. Paul, Southern Pacific
and New Haven Liens.
New Orleans, Texas Sc Mexico
5s of ’56 “C” certified jumped
18 1-2 points from the price at their
last sale, and Wheeling & Lake
Erie 2 3-4s were up 4 1-4.
Among carriers declining were
New Haven 4s of ’57, Florida East
Coast 5s and some Missouri Pacific
and St. Louis San Francisco issues.
Industrials rose .1 of a point on
average with International Paper
6s, Bethlehem Steel 2 3-4s and
Texas Corp., Ss among those sell
ing higher. Albany Perforated
Wrapping Paper 6s were up 5.
Utilities improving included In
ternational Hydro Electric 6s West
ern Union 5s and Brooklyn Edison
3 l-4s, while Consolidated Edison
3 1-2 and Abitibi Paper Sc Power
5s were lower. Edison Electric
Illuminating 5s were down 18
points.
BOND AVERAGES
20 10 It 10 10
Bails Indus Util Fgn L.-Yld
Net change A.l A.l unch unch A.1
Saturday 10:9h 104.7 109.1 76.7 119.0h
Prev. day 105.8 104.6 109.1 76.7 118.9
Week ago 105.5 104.7 100.2 76.4 118.6
Month ago 104.4 104.1 108.5 76.2 118.1
Year ago 97.3 104.8 107.2 69.1 116.4
1945
46 high 105.8106.5 100.5 76.7 118.9
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—new 1945-46 high.
Security
Quotations
These bid and asked quotations re
present prices 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 Wednesday, Jan
uary 30:
Description Bid Ask
Acme Aluminum Alloys
Common _ 21 22 5-8
Acme Aluminum Alloys
Preferred _42 1-1
Alabama Great Southern
Railroad _532 3-4
American Bakeries Com
pany _ 86 3-4
American Enka Corpora
American Trust Com
pany (Charlotte, N. C. 700
American Yam and Pro
cessing Co. Pfd _120
Atlantic & Charlotte Air
Line Railway _254 1-1
Auto Finance Company
Common _30
Auto Finance Company
Preferred _ 50
Bassett Furniture Indus
tries _28
Bausch & Lomb Optical 32 1-4
Bird & Son _ 23 1-2 25
ucu, xuv. , . ■_ 01 vi
Butler's, Inc. Common 18
Butler’s, Inc 6 per cent
Preferred _85 1-1
Carolina, Clinchfield &
Ohio Railway _133 1-1
Carolina Insurance Co. 35
Carolina Power 8c Light
Co. $5 Pfd. _ 116 1-2 119
Carolina Telephone 8c
Telegraph Co. _175
Chadboum Hosiery
Mills, Inc. Common _ I? 17 3-4
Colonial Stores, Inc.
Common _ 37 1-2 39
Colonial Stores, Inc. 4
per cent Preferred_51 53
Dixie Home Stores_19 1-2 19 1-2
Duke Power Company -101 1-2
Durham Hosiery Mills
Cl "A” 6 per cent Pfd. 100
Dwight Manufacturing
Company _ 26 3-4 28
Empire District Electric
Company _ 21 1-8 22 5-8
Erwin Cotton Mills Com
mon -.- 30 1-2 32
Erwin Cotton Mills 6
per cent Preferred _115
Fidelity Bank, Durham,
N. C. -100
Foremost Dairies, Inc.
Common _18 1-4 19 1-2
Foremost Dairies, Inc.
6 per cent Pfd._51
Garfinckel, Julius 8c Co.,
Inc Common_ 40 42
Garfinckel, Julius 8c Co.,
Inc. 5 1-2 Pfd._27
Garlock Packing Co.-_ 56 3-4
Gleaner Harvester
Corporation _ 22 1-2 23 3-4
Gnnnell Corporation_ 33 34 1-2
Gamble Brothers Common 14
Hanes, P. H. Knitting Cl
‘B” Common —__ 20 22
Highland Park Manu
facturing Co. Common 48
Highland Park Manufac
tunng Co. Pfd._100
Home Telephone 8c Tele
graph - 7 3-4
Jefferson Standard Life
Insurance Co_ 35 1-4 36 1-2
Larkwood Hosiery
T Mills, Inc. 5 1-2 Pfd. 108
Life & Casualty Insur
ance Co. _ 23 1-2 24 3-4
MfJ-McEwen-Kaiser Co7 63
Mid-West Refineries, Inc.
Common _ « **4 m
Refineries, Inc.
$1.50 Pfd. _ 26 1-2 28 1-2
Morganton Furniture Co._ 36
National
Corporation 4 3-4 Pfd. __ 41 1-2 43
H?2K Blltain1. Machine Co. 45 1-2 47 1-2
North Carolina Railroad
Company_ igg
Northwestern National*"
Life Insurance _21 2J
Occidental Life Insurance
Company _ 4 j.j
Peninsular Telephone CoT 49 3-4
Peoples Savings Bank &
Trust Co._ g2 i_o
Piedmont & Northern
Railway ..._ 6fi 1-s «
Pilot Full Fashion Mills ”
Common _ ji *•>
& Dan River
Mills Common_ 61 (0
Riverside & Dan Rivir
Mills 6 per cent Pfd_109
Rose s 5-10-25c Stores _ 46
Rowman Cotton Mills_215
Sac o-Lowell Shops_44 1-2 44
Scott and Williams_78
Seaboard Finance Prefer
Security Life~~and*~ Trust 31 • 32 W
Company_._48
Seeger-Sunbeem Corpora
non Common_ 25 25 1-2
Seiberling Rubber Com
pany $2.50 Pfd._Be
Seiberling Rubber Compa
ny “A” $5 Pfd-__97 90
Solar Aircraft Preferred . 20 1-2
Sonoco Products Company 25
South Atlantic Gas Com
_ mon_9 1-2
Southern Fire Insurance
Company _ __ 51
Southern Webbing Mills 12
Standard Forgings _ 15 3-4 16 7-8
Stonecutter Mills "B” _ 8 1-4
.6
SENATORS CELEBRATE BIRTHDAY
Senator Kenneth McKellar (left), Democrat of Tennessee, and
Senator Walter F. George (right), Democrat of Georgia, join in a
cake-cutting ceremony at the capitol in Washington Jan. 29 in
celebration of their birthday. McKellar is 77 and George is 68.
Stock Market Quotations
(BY THE ASSOCIATED FBESS)
Prev. Yesterday
Close Close
Alleghany _ 7% 8
A1 Chem and Dye_200 200
Allis Chal Mfg.54% 54%
American Can_100 100%
American Gar Fdy ... 67% 66%
American Roll Mill ... 36% 36%
American Smelt an Ref 70% 71%
A T an T__194% 194%
American Tobacco B .. <00% 89%
Anacona _ 49 493A
Arm 111 _14% 14%
Atlantic Coast Line .. 79 79
Atlantic Refinery_36% 37%
Aviation Corporation .. 14% 14%
Balwin ___38% 38%
Baltimore an Ohio_28% 29%
Bam sail _... 24 25
Benix Aviat _56% 56%
Beth Steel___109% 112%
Boeing Airp_ 32 31%
Eoren 1_...... 52 52%
Bu Mfg..25% 253/4
Burl Mills __ 44 44
Bur A Mach_19% 19%
annon Mills_65% 66%
Case J I ..47% 47%
Caterpil Trac _75% 7534
Ches an Ohio_,_60% 60%
Chrysler ..139 139%
Coca Cola..179 180%
Coml Cre _52% 53
oml Solv _23% 23%
Comwlth an South ... 4% 4
Consol Eis _35% 85%
Cons Vultee .32% 32%
Oont Can -i,.. 47 47%
C°m Pro.69% 603/4
Curt Wright_11% 11%
Curt Wright A_33% 34%
Dow Chem _166% -
Doug Aire ...94% 96
DuPont'_—200 203%
Eastman Koq_251% 254
Firestoen _70% 79%
Gen El..50% 51 %
Gen Foos ...__ 55
Gen Mot.79% 80
Goorich _75% 76
Gooyear ...i_ 69 69
Gt Nor Ry Pf _. 62 62
Int Harvest _100 99%
Int Tel an Tel.. 31% 31%
Johns Manv_153 154
Kennecott _55% 55%
Ligg an M B--95% 95%
Loews-38% 39%
Lockhee _42% 42%
Lorillard .28% 28%
Mont Ward_ 78 7814
Nash Kelv--24% 25%
Nat Bis __33% 33%
Nat Cash Reg__ 44 44%
Nat Dist.._79% 78%
N Y Cent ..._ 34 34
No Am Av .. 15% 16y8
No Pac .. 34% 34%
Packard _ 12%
Param Pic..69% 69%
Penney J C.157% 157%
Penn R R_... 47 47
Pepsi Cola -38% 38%
Phillips Pet.. 54 53%
Pitt S and B .13% 13%
Pullman ..66%' 66%
Pure Oil ....-22% 23%
Radio ..18% 18%
Radio K O._____ 20% 20%
Rem Rand_ 37 37%
Repub Stl ..39% 39%
Reynolds B ..40% 40%
Std Br .48% 48%
Std Oil N J-68% 68%
Stewart War__24% 24%
Swift -.41 50%
Tex Co .. . 58%
Un Carb ..108% 108%
Unit Airl ...... 49% 49
Unit Aire_..._36% 36%
Unit Corp ... 6% 6%
Unit Drug ... 31 31
Unit Fruit ..114 115
Unit Gas Imp ..27% 27%
U S Indus Ohem_58% -
U S Rubber__ 69% 69%
U S Steel--95 95%
Vanadium __ 36 36%
Va Caro Chem_11% 11%
Warner Pic _ 35 36%
West Un A.51% 52
West El ----38% 39%
Woolworth ............ 57 567/8
Approximately final sales, 1,000,
000.
CURB
Can Marconi_ 4% 4%
Cities Service -—*—..'33% 34%
Colon Dvmt_ 5% 55Z
El Bond and Share — 24% 25
STOCKS IN SPOTLIGHT
NEW YORK, Feb. 2.—(1R—Sales
closing price and net change of
the fifteen most active stocks to
day.
Curtis Wright 31,100-11% up %.
Comwlth and Sou 25,600-4-%.
Sou Am and G and P 20,000-8% up
78.
Packard 19,100-12% up %.
Alaska Jun 16,500-11% up 1.
Bamsdall 15,500-25 up 1.
Aviation Corp 14,100-14% ud %
United Corp 14,00-6%-%.
hit Tel and Tel 13,600-31%-%.
Sun Chem 12,900-19% up 1%
Roan Ant Cop 12,200-13% up %.
Gen Pub Ut 11,600-21% no
Phil and Rdg C and I 11,200-18%
up %.
Philip Morris 11,100-57% no.
Marine Midi 10,300-11% up %.
TREND OF STABLE
PRICES
NEW YORK, Feb. 2.—The Asso
ciated Press weighted wholesale
prices index of 35 commodities to
day advanced to 112.12.
Previous day 112.02, week ago
112.36, month ago 112,19, year ago
108.30.
1945-46 1944 1943 1940
High 112.81 108.73 107.54 103 22
Low 107.90 106.03 103.43 93^54
(1926 average equals 100)
N. C. EGGS, POULTRY
RALEIGH, Feb. 2.—(JP)— fNCDA)
—Egg and poultry markets steady
o weak.
Raleigh—7. S. grade AA large 44;
Eryers, broilers and roasters 28 to
29.
Washington—'7.S. grade A extra
arge 43; broilers and fryers 2
sounds and under 31 to 32.
NEW YORK POULTRY
NEW YORK, Feb. 2,-W—Uve
soultry frices firm and unchanged.
N. C. HOGS
RALEIGH, Feb. 2.— (IP) —Hog
narkets steady with tops of 14.55 at
HirUrm and Rockv Mount
‘ --- <
NEW YORK COTTON
NEW YORK, Feb. 2.—W)-The
cotton market was firm today and
prices, after gaining more than.50
cents a bale, closed 30 to 40 cents
a bale higher.
There was a steady flow of com
mission house and trade buying
which readily absorbed week-end
profit taking. Early in the session
hedge selling in July, October and
December deliveries held the ad
vance in check but this soon peter
ed out when the market continued
strong.
Some of the demand was attri
buted to pending surveys to deter
mine the slow consumption of cot
ton in the United States. Meet
ings to be held by the office of
price administration and ofther
government agencies to study
prices of certain textile goods led
to the belief that an upward re
vision on some textile items might
spur consumption of cotton. This
factor was paramount in the up
ward movement today.
Trading .volume, however, was
not broad as many dealers were
inclined to await week-end de
velopments.
Open High Low Last
Mch 25.23 25.28 25.22 25.24 up 6
May 25.20 26.30 25.20 25.26 up 8
Jly 26.19 25.26 25.19 25.24 up 8
Oct 24.97 25.04 24.97 25.03 up 8
Dec 24.94 25.00 24.94 24.98 up 7
Mich 24.90 24.95 24.89 24.93b up 7
Middling spot 25.89n up 6.
n—Nominal, b—Bid.
FOREIGN EXCHANGE
NEW YORK, Feb. 2.—(TP)—Clos
ing foreign exchange rates follow
(Great Britain in dollars, others
in cents):
Canadian dollar in New York
open market 9 1-4 per cent discount
or 90.75 U. S. cents, up .06 1-4 of a
cent.
Europe: Great Britain $4.03 1-2,
unchanged; France (Franc) .845,
unchanged.
Latin America: Angentina free
24.57, down .08 of a cent; Brazil
free 5.25; Mexico 20.65.
SPOT BUTTER, EGGS
CHICAGO, Feb. 2.—($)—The spot
butter and egg markets were nom
inally unchanged today. Receipts
unavailable.
Talon, Inc._53 1.4
Textiles, Inc. Common 17 17 3.4
Textiles, Inc. 4 per cent
Preferred _23 04
Thiokol Corporation _ 7 7 « «
Tidewater Power Compa
ny Common _ 30 3,
Trion Company 5 per cent
Preferred_ log
Virginia Electric & Power
Co. $5 Pfd.- J1Q 1 n , n, , —
Wachovia Bank & Trust 2 121 1-2 '
Co. —-„- 04 i ok 1 n
Washington Mills _ I_ _2i5 88 1-2
Wilmington Savings & ,
Trust Co._“ 4, ‘
CHICAGO LIVESTOCK
CHICAGO, Feb. 2.—(JP)—(USDA)
—Salable hogs 500 (estimated)
total unavailable; compared with
week ago, all weights and classes
steady. ...
Salable cattle 500 (estimated)
total unavailable; compared Fri
day last week; receipts locally aid
not increase over strikebound pen
od a week earlier although twelve
large markets showed 64,000 head
expansion; receipts at all markets
far below a year earlier, however;
fed steers and yearlings, including
yearling heifers, advanced 25 to
50 mostly 50, instances 75, on good
to* average-choice grade steers and
yearlings; general steer market
almost back to recent record high
time, especially on medium and
choice grades; cows 25 to 50 over
week’s low time but bulls 25 low
er; good a i choice weighty veal
ers firm, all other vealers 1.00 to
2.00 higher; demand for stock cat
tle broad but supply small and
generally 25 or more higher at
13.00 to 14.25 mostly, choice light
feeders reaching 14.85; only mod
erate supply choice fed steers and
yearlings reached 18.00; best
heifers 18.00, bulk slaughter steers
closed very active at 15.00 to
17.85; bulk heifers 13.50 to 16.25,
relatively few heifers passing
16.50; good cows to 14.50, heifery
kinds to 15.65; most beef cows 9.25
to 12.50, with canners and cutters
at 7.25 to 8.50; sausage bulls
weakening at close to 13.00 down
when practical outside heavy fat
bulls was 13.75; vealers down to
8.00, mostly 10.00 to 15.00 accord
ing to weight and condition. 1
MIDDLING COTTON
NEW ORLEANS, Feb, 2.—(IP)—
The average price of middling
15-16 inch cotton at ten designated
southern spot markets today was
25 cents a bale higher at 25.14 cents
a pound. Average for the past 30
market days was 24.80 middling 7/s
inch average was 23.54.
NEW ORLEANS COTTON
NEW ORLEANS. Feb. 2.— (JP) _
Cotton futures closing prices were
steady 20 to 35 cents a bale higher.
Mch 25.29 25.34 25.29 25.33 up 5
Jly 25.23 25.32 25.23 25.27 up 4
Oct 25.00 25.09 25.00 25.06 up 7
Dec 24.96 25.05 24.96 25.01 up 6
ROOM awd board By GENf
sF HERE'S A KEG OF FROZEN FISH, BY THE TiMiTFF~-~--!!
f PINKY/ YUH CAN COOK IT UP Iff SERVING ALLTufT^
| FER DA BOARDERS IN CHOWDERS M TO THE INMAteX FlSj
| AN' FISH PIES '--I GIVE MUH J7\ THEY'LL X|pnEREJ
f> PET PENGUIN TUH DA 200 \ 7 AND WILL wLt |S \
( WHERE IT'LL BE HAPPY WIT' ] \ MEALS UndIdV^ ,
V PA OTHER PENGUINS /-I HAD /——> FRCM THEN ■'
DIS KEG OF FISH LEFT S’-V HEK1 °N •'
gji OVER AT DA MARKET./ / ^
- SPOT COTTON
NEW ORLEANS, Feb. 2.—<£•)—
Spot cotton closed steady 25 cents
a balye higher today. Sales 317
low middling 20.05, middling 2505’
good middling 25.45, receipts 44,,'
stock 244,164.
AUTOMATIC GAS
HOT WATER HEATERS
In Stock — Ready For Installation
* 20 GAL.—30 GAL. CAPACITY
MANUFACTURED GAS
A 20 GAL. CAPACITY BUTANE
OR BOTTLED GAS.
Call Us far Your REPAIR SERVICE
CONTRACTING — SUPPLIES — REPAIR SERVICE
Wilmington
Plumbing & Heating Co.
R. M. Kermon, Jr., Mgr. *
28 If. Third St., Wallace Bldg D,al ^
' '
WE ARE PLEASED TO ANNOUNCE
THE APPOINTMENT OF
Mr. Paul a. Allen
AS OUR REPRESENTATIVE FOR THE
COASTAL AREA OF NORTH CAROLINA
WITH HEADQUARTERS AT
Wilmington, n. c.
KIRCnOFER SJMOID
SECURITIES FOR INVESTMENT
INSURANCE BUILDING, RALEIGH, N. C.
New York 5, Ni Y. Charlotte 2, N. C.
PHONE
2-2621
TODAY
Shop by Phone flHfli I
It's easy , . . economical and fl
smart. Pay when delivered fl
Just telephone for any merchandise in Sears catalogs or fl
.circulars. The salesgirls will be happy to order for you. This r fl
conserves time and effort and is America's smartest way to The 9
shop. Sears speedy truck delivery service will bring your WoHdS fl
order right to your door. On delivery, you pay the price of Most , fl
| the merchandise, plus a small deiivery charge. TELETHRIFT ^ F^ >' B
SHOPPING not only gives you Sears famous savings, but it ^ ^ flj
saves you letter postage, COD charges and check or money CALL 0000 1H
order fees. Satisfaction guaranteed or your money back. ___J
EASY TERMS on Purchases of $10 or Mors H
CATALOG SALES DEPT. I
307 NO. FBONT ST. WILMINGTON, N. C. Dial 2-3631JI
I

The Wilmington morning star. [volume], February 03, 1946, FINAL EDITION, Second\Society Section, Page 8-B, Image 20
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990

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The Wilmington morning star. [volume], February 03, 1946, FINAL EDITION, Second\Society Section, Page 8-B, Image 20 About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990

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The Wilmington morning star. [volume], February 03, 1946, FINAL EDITION, Second\Society Section, Page 8-B, Image 20
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990