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The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, April 14, 1946, SECTION-A, Image 8

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Stock Market Retreats
After Nearing Old Peak
Losses In Steels, Merchan
dising Shares Range To
More Than 2 Points
BY T. E. APPLEGATE
NEW YORK, April 13. — Uf> —
Stocks, which nearly equalled their
15-year peak early this week only
to back away, beat a further re
treat in today’s market.
Trends were lower from the start
of the short session. Air trans
port issues, reflecting unfavorable
earnings reports, dipped as much
as -3 points but found support and
recovered most of the losses, with
a few achieving small gains.
Steels and merchandising shares
were prominent on the offside, with
losses ranging to more than 2
points.
Transfers of 610,000 shares com
pared with 690.000 last Saturday.
The week’s volume declined to 7,
590,990 shares from 6,128.550 in
the previous period. Of 826 Issues
registering today, 457 declined and
198 advanced.
Spreading effects of the soft
coal walkout chilled enthusiasm
for industrials. Brokers said many
customers trimmed accounts on the
theory further corrective moves
after recent advances may be in
artier. Shares of retail stores were
subjected to some profit-taking.
The Associated Press 60-stock
cojmposite, which on Tuesday
climbed to within .1 of a point of
the bull market February high,
dropped .4 today to 79.4 where it
showed a net loss of .1 of a point
for the week. Despite a dip of .4
for the day. the industrial com
ponent remained above the levels
of a week ago.
Eastern Air Lines, down 3 at
one time today, closed only 1-4 off.
American Airlines turned a drop
of; 2 3-4 into a gain of 1-2. TWA
was up 3-4.
Principal losers included U. S.
Steel, Bethlehem, General Motors,
Internationa] Harvester, Douglas
Aircraft. American Smelting. Johns
Manville. Owens - Illinois, Ameri
can Distilling. Texas Co., Chrys
ler, Sears Roebuck, Spiegel. Inc..
Southern Railway, Public Serv
ice of N. J., J. I. Case. Mont
gomery Ward, Goodyear, Youngs
town Sheet. Anaconda, General
Electric, Westinghouse and Du
Pont.
Holdings onto gains were such
issues as Atlas Corp., Commercial
Solvents. American Telephone,
Chesapeake & Ohio, North Ameri
ca)!, American Can, J. C. Penney.
Flinivci.e and Libb??-McNeill.
BcpAs were mixed. Cotton, after
Friday’s flurry over parity legis
lation, ouieted with closing prices
55 cents a hale lower to 65 cents
advanced. Oats and rye at Chic
ago were unchanged to 1 and 5
cents a bushel higher respec
tivelv.
Atlas Corp. warrants in the curb
climbed 2 points on heavy volume
while other forward movers includ
ed Colonial Airlines, Sterling, Inc.,
and Bunker Hill. Curb casual
ties were Hearn Department
stores, Monogram Pictures, Den
nison Mfg. ‘A’ and Blue Ridge.
Turnover here was 280,000 shares
against 360,000 last Saturday.
30 15 15 50
Indus Rails Util Stocks
Net change D.6 D.3 D.2 D.4
Saturday 107.4 46.6 53.7 79.3
Prev. day 108.0 46.9 53.9 79.7
Week ago 107.0 46.9 54.1 79.4
Montha go 99.8 45.8 52.0 75.0
Year ago 83.5 38.1 42.2 62.4
1946 high 108.8 51.0 54.3 80.4
1946 low 96.1 44.1 50.0 72.2
1945 high 102.0 48.9 52.5 77.1
1945 low 78.6 32.9 39.2 57.8
NEW YORK COTTON
NEW YORK, April 13.— UP) —
Highly irregular price movements
developed in rapid trade in cotton
futures today. The market closed
55 cents a bale lower to 65 high
er.
Textile mill interests bought
heavily in nearby deliveries. Buy
ing appeared to reflect covering
operations in anticipation of larger
cloth sales.
Commission houses sold distant
positions as confusion continued
over ultimate fate of the Pace par
ity bill.
Open Higth Low Last
May 27.58 27.58 27.20 27.43 up 13
Jly 27.70 27.75 27.40 27.50 up 6
Oct 27.55 27.65 27.28 27.40 unch
Dec 27.48 27.50 27.25 27.33 off 5
Mcll 27.51 27.55 27.25 27.40 off 7
May 27.42 27.50 27.20 27.31n off 11
Middling Spot 28.01n up 14.
n—nominal.
I. —. =
CHICAGO GRAIN
CHICAGO, April 13 — (TP) — An
other bit of legislative news
spun the May rye pric.e for the
5-cent daily net flucuation limit
again today, but this time it was
upward in contrast with yester
day’s equal setback.
The extreme recovery was foi 7
cents a bushel, since the contract
was quoted at 2 cents under the
previous close when traders
swarmed over to the buying side.
Within a few minutes after word
reached the pits that Senator El
mer Thomas (D.-Okla.) had an
nounced he would seek to abolish
all controls of farm commodities
if the OPA is extended beyond
July 1, brokers had run the price
up the day’s maximum, where it
stuck at the close.
fhe legislative news out of Wash
ington which set the same delivery
back a nickel yesterday was the
decision by Representative Pace
CD.-Ga.), not to offer his higher
parity bill as an amendment to
the OPA extension measure.
Open High Low Close
WHEAT—
Jly .. 1.83%
Sep . . 1.83%
Dec . 1.83%
CORN—
May . .. 1.21%
Jly ..... . 1.21%
Sep . 1.21%
OATS—
May 83 83 83 83
Jly 80% 81% 80% 81%
Sep 77% 78% 77% 78 Vs
Dec 77% 78% 7% 78%
RYE—
May 2.36% 2.41 2.34 2.41
Jly . 1.48%
Sep . 1.48 Vi
BARLEY—
May . 1.26%
Jly . 1.26%
Sep . ...% . ..... 1.26V2
Dec . 1.26%
Trend Of Staple Prices
NEW YORK, April 13—(TP)—The
Associated Press weighted whole
sale price index of 35 commodities
today advanced to 116.79.
Previous day 116.33, week ago
117.40, month ago 115.53, year ago
106.45.
1946 1945 1944 1943
High_ 117.40 112.82 107.73 107.54
Low. 112.02 107.90 106.03 108.43
(1926 average equals 100).
N. C. HOGS
RALEIGH, April 13. — (TP) —
(NCDA)—Hog markets steady with
tops of 14.55 at Clinton and Rocky
Mount.
RAILROAD BONDS
SUFFER LOSSES
Carrier Group Retreats
Under Leadership Of
Low-Priced Issues
NEW YORK, April 13—(/P)—Pres
sure against many low-priced rails
increased in the bond market to
day and losses ranging to 2 points
predominated at the close.
A striking exception to the down
trend was a sharp jump in Monon
issues. The 6’s climbed 9 1-4 points
to 130 1-4 on transfer of a single
bond and the 4’s rose 5 to 116 on
broader trade. Interest appeared
to stem from current negotiations
over reorganization.
The carrier group held its ground
in early trade, then slowly retreat
ed under leadership of the lower
priced issues.
Among the losers were Lehigh
Velley stamped 4 1-2’s at 57, Mis
souri-Kansas-Texas adjusted 5’s at
105, New Haven 4’s of ’57 at 48,
Frisco 4’s at 58 7-8, Denver and Rio
Grande Western 5’s of ’55 at 27 and
St. Paul convertibles 4 1-2’s at 87
3-4.
Boston and Maine 4’s and Rut
land 1st 4 1-2’s ended higher.
Long-term U. S. governments fin
ished the week on a downward
slant after hitting record highs a
week ago. In over-the-counter trade
the victory loan 2 1-2’s of Dec. ’67
week ago. In over-the-counter trade
slant after hitting record highs a
’72 were priced at 105 25-32 bid,,
down around 6-32. In the stock
market trade in federals was at
a standstill.
In the foreign dollar list fresh
demand lifted Brazilian and Argen
tina issues, the former moving up
an outside of 4 points.
Turnover of $2,282,000 compared
with $2,070,000 the preceding short
session,
BOND AVERAGES
so to 10 io io
Rails Indust Util Fgn L Yld
Net change D.3 unch A.l A.l unch
Saturday 106.0 104.5 108.0 78.5 120.2
Previous day 106.3 104.5 107.9 78 4 120 2
Week ago 106.8 104 7 108.1 78.0 12o'.l
Month, ago 106.2 105.0 108.1 77.4 119 8
Year ago 100.0 104.9 107.5 71.7 117.3
1946 High 106.9 105.2 109.5 78.5 120 2
1946 Low 103.9 104.0 107.9 75 7 118 0
1945 High 103.9 105.5 107.5 76.7 118 7
1945 Low 96.2 103.4 106.8 68.1 11b'.2
MIDDLING COTTON
NEW ORLEANS, April 13—<JP)—
The average price of middling 15
16ths-inch cotton today at ten de
signated Southern spot markets
was 30 cents a bale higher at 27.30
cents a pound; average for the past
30 market days 27.20; middling 7
8ths-inch average 25.62.
Stock Market Quotations
(BI THE ASSOCIATED PRESS)
Prev.Yest’day
Close Close
Alleghany .. 7% TVs
A1 Chem and Dye _200 % 200%
Allis Chal Mfg . 56% 57
American Can . .. 96% 97%
American Cai Fdy ... 70 69
American Roll Mill ... 32% 32
American Smelt and Ref72% 71
A T and T .191% 191%
American Tobacco B .. 94% 94
Anaconda .. 46% 46
Arm 111 .. . .
Atlantic Coast Line .. 73% 72%
Atlantic Refinery . 43% 43%
Aviation Corporation .. 12% 11%
Baldwin ... 32 31%
Baltimore and Ohio ... 2414 24
Barnsdail .29% 29%
Bendix Aviat .. 53 53
Beth Steel .106% 105%
Boeing Airp . 30 30
Budd Mfg ..21% 21%
Burl Mills . 4*4% 44
Bur Add Mach. 19% 19%
Cannon Mills .. 68% -
Case J I .... 47 46%
Caterpil Trac . 75% -
Ches and Ohio ........ 59% 59%
Chrysler ..133% 132%
Coca Cola .195 -
Coml Cred .. 56% 56
Coml Solv . 24 25
Comwlth and South .. 414 4%
Consol Edis .. 35% 35%
Cons Vultee . 27% 27%
Cont Can.. 44% 45%
Corn Prod . 6214 62%
Curt Wright. 7% 7%
Curt Wright A . 22% 22%
Dow Chem...
Doug Aire .. 94% 92
DuPont .208 207%
Eastman Kod.257 -
Firestone . 81 8114
Gen El.. 48% 48%
Gen Foods . 53% 53%
Gen Mot . 76 75
Goodrich .. 8414 83%
Goodyear . 75% 75%
Gt Nor Ry Pf . 58% 58%
Int Harvest . 96 95
Int Tel and Tel. 27% 27
Johns Manv ___162
Kennocott ..57% 56%
Ligg and M B . 96% __
>Loews .. 39% 39%
Lockneed .. 35% 35%
Lori Hard . 29% 29%
Mont Ward. 93 92%
Nash Kelv ... 23 22%
Nat Bis . 35% 35%
Nat Cash Reg. 42% 42%
Nat Dist . 73% 72%
N Y Cent. 27% 27%
No Am Av...13% 13%
Packard . 10% 10
Param Pic . 70% 76
Penney J C . 56% 56%
Penn R R . 44% 42%
Pepsi Cola . 35% 35
Phillips Pet . 64% 64%
Pitt S and B . 11% 11%
Pullman . 64% 64
Pure Oil . 26% 25%
Radio .. 17 16%
Radio K O. 24% 24%
Rem Rand ..39% 39
Repub Stl . 33% 33%
Reynolds B . 44% 44%
Sears . 67% 46%
Soc Vac . 17 17
SouPac..... 59% 59%
Sou Ry .. 54% 54
Std Br .. 51% 50%
Std Oil N J.. 74% 74
Stewart War .. 22 22
Swift ... 39% 38%
Tex Co . 63% 62%
Un Carb .119% 119%
Unit Airl .. 41% 41%
Unit Aire .. 29% 29%
Unit Corp . 5% 5%
Unit Drug . 37% 37%
Unit Fruit ...149% 149
Unit Gas Imp. 29% 29%
U S Indus Chem.. 55% -
U S Rubber .. 75 74%
U S Smelt and Ref.71% 70%
US Steel......83% 82%
Vanadium .32% -
Va Ca-rc Chem. 9% 10%
Warner Pic __...... 48 47
West Un A . 37% 37%
West El . 35% 34%
Woolworth .. 61 60%
Approximately final sales, 610,
000.
CURB
Can Marconi. • •. - -
Cities Service . 34%
Colon Dvmt . 5%
El Bond and Share .... - 25%
I
Security
Quotations
These bid and asked quotations t
represent prices at which one or \
more dealers, members of thfr Na- <.
tional Association of Securities Deal
ers, Inc., would trade with the gen
eral public at the time the quota- ^
tions were gathered, 12 noon Thurs
day, April 11: .
description BID ASK C
Acme Aluminum Alloys t
Common - 22 1-2 24 i
Acme Aluminum Alloys
Preferred - 45 47 1-2 1
Alabama Great Southern C
Railroad -128 — c
Amercain Bakeries Com- T
pany _ 60 —
American Casualty Com- I
pany _ 11 5-8 12 7-8
American Enka Corpora
tion _ 96 1-4 99 1-2 I
American La France <
Foamite Corp._ 15 1-2 16 1-2 c
American Trust Co. "
(Charlotte, N. C.)_715 — 1
American Yarn Sc Precess- l
ing Co. Common - 22 23 ^
Auto Finance Company
Common _ 36 — 5
Auto Finance Company 1
Preferred _ 51 — (
Bassett Furniture Indust
ries _ 31 32
Bausch Sc Lomb Optical __ 33 — l
Bird & Son _ 23 1-2 24 1-2 1
Butler’s, Inc., Common __ 21 — (
Butler’s, Inc. 6 per cent
Preferred _ 25 1-2 —
Carolina, Clinchfield and 1
Ohio Railway _135 — \
Carolina Insurance Com
pany - 35 — 1
Carolina Power & Light '•
Co. $5 Preferred_118 1-4 120 ]
Carolina Sales 5 1-2 per
cent Pfd. _ 25 1-4 —
Carolina Telephone and r
Telegraph Co. _190 — j
Chadbourn Hosiery Mills, ’
Inc. Common _ 24 1-4 25 1-2 ,
Cleveland Cliffs $5 Pfd. __ 99 101 1-2 1
Coble Dairy Products 1
5 per cent Pfd. _ 50 1-4 —
Colonial Mills _ 43 44
Colonial Stores, Inc.
Common _ 41 1-2 43 1-2
Colonial Stores, Inc.
4 per cent Preferred_ 50 1-2 52 1-2
Creamery Package Manu
facturing Co. _ 47 1-2, 49
Croos Company Com
mon - 7 1-2 8 1-2
Delaware Rayon Com
pany “A”- 23 1-4 24 1-4 !
Dixie Home Stores _ 21 1-2 22 1-2
Duke Power Company_107 —
Durham Hosiery Mills Cl
“A” 6 per cent Pfd._100 —
Dwight Manufacturing
Company - 33 3-4 35 1-2
Eastern Corp. _ 20 21 1-2
Empire District Electric
Company _ 22 1-2
Erwin Cotton Mills Com
mon - 32 3-4 —
Erwin Cotton Mills 6 per
Foremost Dairies, Inc.
cent Preferred_115 _
Common _ 24 3-4 26
Foremost Dairies. Inc., 6
per cent Preferred_* 51 —
Gamble Brothers Com
mon - 16 1-2 17
Garfinckel, Julius Sc Co.,
Inc. Common__ 56 56 1-2
Garfinckel, Julius Sc Co.,
5 1-2 per cent Pfd._ 27 1-2 —
Garlock Packing Com
pany - 61 3-4 —
Gleaner Harvester Corpora
tion - 23 1-4 24 1-2
Great American Indus
tries -11 1-4 12 1-4
Grinnell Corporation_ 32 34
Gruen Watch_ 24 1-4 25 1-2
Guilford National Bank_ 88 —
Hanes. P. H. Knitting Co.
Cl “B” Common__ *1 _
Highland Park Manufactur
ing Co. Common _ 30 —
Highland Park Manufactur
ing Co. Pfd._100 _
Home Telephone Sc Tele
graph Company __ 7 3.4 _
Jefferson Standard Life
Insurance Co._ 36 1-2 87 1-2
Larkwood Hosiery Mills, Inc.
Inc. 5 1-2 per cent Pfd._106 _
ife Sc Casualty Insurance
Co. - 26 1-2 27 1-2
May-McEwen-Keiser Com
pany - 74 76
Mid-West Refineries, Inc.
Common -- 5 1-8 5 5-8
Mid-West Refineries, Inc.
$1.50 Pfd._ 26 —
Monumental Life Insurance
Co. - 41 1-2 43
Morganton Furniture Corn
National Mall in son _ 21 1-2 22 1-2
New Britain Machine Com
pany - 47 1-2 49 1-2
North Carolina Railroad
Company _185 _
Northwestern National Life
Insurance _ 20 22
Occidental Life Insurance
Company _ 4 _
Peninsular Telephone Com
pany - 48 1-4 —
Piedmont Sc Northern Rail
way _ 69 —
Oil/vf US,n Tlf.'ll.
Common _ 12 1-2 —
Riverside & Dan River
Mills Common_ 86 1-2 88
Riverside & Dan River Mills
6 per cent Pfd._111 1-2 —
Rose's 5-10-26 cents
Stores _ 49 —
Rowan Cotton Mills_ 225 —
Royal Coton Mills Pfd. — 50 1-4 —
Saco-Lowell Shops _ 47 3-4 48 1-2
Scott & Williams _ 97 100
Seaboard Finance Pre
ferred _ 32 1-2 —
Security Life & Trust Com
pany _ 48 —
Security National Ban_ 26 —
Seeger-Sun beam Corpora
tion Common - 21 1-4 22 1-4
Seiberling Rubber Com
pany $2.50 Pfd. _ 52 1-2 —
Seiberling Rubber Company
Cl “A” $5 Pfd._ 97 99
Solar Aircraft Prefer
red ___ 26 —
Sonoco Products Com
pany - 26 1-4 —
South Atlantic Gas__ 12 —
Southern Fire Insurance
Company _ 27 1-4 _
Southern Webbing Mills __ 16 7-8 17 38
Standard Forging _ 16 7-8 17 3-8
Stonecutter Mills “B”_ 9 1-2 25
Stromberg-Carlson _ 23 3-4 25
Talon, Inc. - 53 55
Textiles, Inc., Common_19 20
Textiles, Inc. 4 per cent
Preferred _ 24 25
Thiokol Corporation_ 5 3-4 6 1-4
Tidewater Power Company
Common - 29 1-2 31 1-2
Trion Company 5 per cent
Preferred _102 _
s- Sugar - 10 1-4 11 1-4
Wachovia Bank & Trust
Co- -4- 86 ’-2 88
Washington Mills___ 225 _
NEW ORLEANSliOTTON
NEW ORLEANS, April 13._(/Pi— 1
Cotton future? were highly irreCT_ j
ular here today. Closing pricesd
were steady 70 cents a bale high
er to 10 cents lower.
Open High Low Close
Vlay 27.12 27.24 27.12 27.20 up 14
Jly 27.65 27.65 27.23 27.38b up 7
Dct 27.50 27.50 27.20 27.31 up 4
Dec 27.43 27.43 2.717 27.40 ud 2
Mch 27.48 27.48 27.25 27.41 oil 2
b—bid.
SPOT COTTON
NEW ORLEANS, April 13.——
S^ot cotton closed steady and un
21 80SmiHriialeSov60’ l0W middli«g
21.80, middling 27.05, good middling
27.45, receipts 1,117, stocks 210,372
NEW YORK POULTRY
NEW YORK, April 13.—(i?5)—Live
poultry firm and unchanged.
m
CHICAGO LIVESTOCK
CHICAGO, April 13—(IP)— (USDA)
-Salable hogs 300 ' (estimated),
Dtal unvailable; compared with a
reek ago, all weights and classes
teady.
Salable cattle 300 (estimated),
atal unavailable; compared Fri
ay last week; Medium weight
nd weighty steers closed strong
d 25 higher; yearlings, losing ear
f advance, about steady; creep
ig advance all week especially
n medium and low-good grade
teers all representative weights,
argely steer and heifer run, sup
lly cows and bulls acutely small;
ows very erratic, strong to 50,
nostly 25 higher; bulls 25 up;
trictly good and choice vealers
teady. all other grades 50-1.00
ower; stock cattle strong to 25
ligher; local receipts in line with
reek earlier but below corre
ponding week last year; extreme
op 18.00. paid almost exclusively
m strictly choice medium weight
ind weighty steers: prime long
rearlings reached 18.00, but prac
ical top 17.75: best heifers 17.35;
mtstanding offerings 17.50, short
reighty load 18.00: bulk medium
o average-choice steers and yearl
ngs 15.50-17.50: sizable supply
:hoice offerings 17.25-90; medium
tnd low-good heifers very scarce,
)ulk good and choice offerings
5.50-27.00; bulk beef cows 10.00
3.00: odd strictly good kinds 15.00,
ew head 15.50; canners and cutters
'.75-9.25; heavy dairy bulls red
lead 15. 25, beef bulls 15.25: veal
:rs 16.50 down, only small lots
.7.00: considerable interest in stock
:attle at 14.50-16.25. with choice
ight offerings 16.50-65; eastern
shippers took approximately 75
jer cent of week’s receipts.
Kirchofer, Arnold Firm
Inaugurates Department
To Assist Institutions
Kirchofer and Arnold Inc., Ra
leigh, investment firm, has an
nounced the formation of an in
stitutional department. The de
partment will be under the direc
tion of Erskine Duff, assistant vice
president; R. C. Kirchofer, presi
dent, said.
Functions of the new depar -
ment will be to provide a more
complete and direct investment
service to organizations sue *
banks, insurance companies, ea "
cational institutions and groups m
charge of the mariagemen 0 .
dowment, religious or charitable
funds and fraternal organizations
The firm maintains a New YorK
office. Development of the de
partment will be carried on mam
ly in the headquarters of the com
pany, Raleigh, and branch offices
throughout the southeastern states.
CASH GRAIN
CHICAGO, April 12—(A3)—Wheat
No. 2 red 1.82. No. 2 hard 1.82
nominal (ceilings). .
Corn No. 2 yellow 1.19 nominal
(ceiling).
Barley malting 1.25-43 1-2 nomi
nal. feed 1.14-24 1-2 nominal.
Field seed per hundred weight
nominal: red clover 31.50; sweet
clover 10.75; alsike 28.50; alfalfa
common 33.50-36.53; timothy 5.75
6.00; red top 12.00-50.
S**OT BUTTER, EGGS
CHICAGO, April 13 — (A3) — The
spot butter and egg markets were
unchanged today Receipts were
not available.
'—I i
N. C. EGGS, POULTRY
RALEIGH, April 13. — (JP) _
(NCDA)—Egg and poultry markets
steady. •
RALEIGH—U. S grade A large
34; fryers and broilers 30.8 plus
transportation charges.
WASHINGTON—U. S. grade A
large average for v/eek 37 1-2;
broilers and fryers average for
week 40.
foreign exchange
NEW YORK, April 13 — (JP) —
Closing foreign rates follow (Great
Britain in dollars, others in cents'*:
Canadian dollar in New York
open market 9 1-8 per cent dis
count or 90.87 1-2 U. S. cents, un
changed.
Europe; Great Britian $4.03 1-2.
unchanged; Fiance (Franc) .8425.
unchanged.
Latin America; Argentina free
I. .
24.45, down .01 of a cent Br, ,
free 5.25; Mexico 20.65. ‘‘
SIGN AGREEMENTS
BUDAPEST, April 12 iDclave,
—(B— Russia and Hungat-.- n
signed preliminary ag . '
covering formation of Rus?.,u; s
garian oil and bauxite (ah '
companies, although net. - ■
for the aluminum companv a-,
yet -final, a reliable
said today.
SPOT COTTON
CHARLOTTE. April 13 j*
Spot cotton 27.50.
One of the earliest ra. oacs
west of the Alleghenies v, i;s .v,e
Lexington and Ohio, now pan 0f
the Louisville and Nashville. [•
was chartered Jan. 27, 1830.
OF INTEREST TO VETERANS
Many veterans have substantial sums of money which they
saved while in service. Because they are young and inexperi
enced in the ways of business and investments, it is quite pos
sible for them to make unwise investments. Money won such
a hard way should be guarded with the greatest care.
We have available a booklet, “A MODERN METHOD OF IN
VESTMENT,” which we will be glad ta send you upon request.
Write for your copy.
THOMAS DARST AND COMPANY
‘‘Planned Investment Programs”
300 Southeastern Bldg. Greensboro, N. C. Phone 3-4479
“WILMINGTON’S BOATING HEADQUARTERS”
• DUNPHY
• SPEED-LINER
• OLD TOWN
• BARBOUR
• GIBBS’ SEA-SKIFFS
NOW IN STOCK!
j||| ANCHOR HARDWARE CO.
SyspS' Front and Dock Sts. Dial 5043
TUNE IN
WMFD
1:15 P. N.
TODAY
for Your
STAR-NEWS REEL
Round—The—Town Reporter
BEN MCDONALD
And The Feature Speakers
JACK MORISEY, MAYOR OF CLINTON,
And
MRS. JOHN T. CAPPS. JR.,
English War Bride.
SPOT NEWS! REVIEW NEWS!
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