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INSURANCE AGENT WINS PROMOTION M. A. Dukes Appointed Head Of Company’s Industrial Division M. A. Dukes, 306 S. 18th street, has been appointed to the posi tion of manager of the Wilmington district, industrial division, of the Pilot Life insurance company, ef fective July 6, C. B. Lynch, super intendent of agencies for the com pany announced yesterday in Greensboro. Dukes who was assistant man ager under the late Grover C. Edge has been acting as manager since May 29, the date of Mr. Edge’s death. W A Me Girt of Wilmington is general agent of the company’s or dinary department in the city. The new manager is also sec- j xetary of the Wilmington Life Un derwriters gssociation with offices in the Murchison building. REALTY TRANSFERS ; Realty transfers recorded in the < office of A. B. Rhodes, register of deeds, yesterday included the fol lowing: „ _ ‘ B. M. Widdfield to C. L. Spen- - cer, lot 1, Pine Terrace subdivi sion. 1 O L. Bender to Mrs. Jessie R. Dickerson, 13-69 Carolina Beach. L. W. Moore to S. E. Wheatley, lot 8, Country club terrace. Murray G. James to Sam Spach, pt. block 345, city. L. L. Doss to E. W. Godwin sons, 601 acres, Horne and Silver lake. ’ Amenda R Casterline to E. W. Godwin sons, 601 acres, Horne and Silver lake. Murray G. James to Waddell Watters, pt. 5 and 6-55. Waddell Watters to Rudolph Flores, pt. 5 and 6-55. city. Elevated M. A. DUKES Exchanges AH Take Holiday On Saturday NEW YORK, June 29—(JP)— All leading commodity and security exchanges, with the exception of grain markets, were closed today as the New-' York, New Orleans and Chicago Cotton exchanges inaugur ated a Saturday recess for the summer. Major domestic security and commodity exchanges will also suspend operations on Thursday, July 4. in observance of Independ ence day. The New York Wool exchange will carry the holiday through the w'eek-end by closing on Friday, July 5. Canadian and European markets will function as usual. On July 1, all Canadian ex changes will close for Dominion Day. Markets affected will in clude all stock exchanges, the Winnipeg grain exchange, and com modity markets in Montreal and Toronto. Unlisted Securities These bid and asked quotations repre sent prices at which one or more deal ers, members of the National Associa tion of Securities Dealers, Inc., would trade with the general public at the time the quotations were gathered, 12 noon Thursday, June 27. BID ASK Acme Alum Alloys Com.. 19 3-4 20 3-4 Acme Alum Alloys Pfd_ 39 1-2 41 1-2 Ala Grt Sou RR _129 American Bakeries_31 1-2 34 American Casualty _11 1-2 12 1-2 American Enka _104 1-2 107 American Hardware _ 43 45 Amer. Trust (Charlotte)_735 750 Am Yarn & Proc Com_ 27 27 3-4 Bassett Furn Ind - 37 39 Bausch & Lomb Op_28 1-2 Bird & Son - 22 1-2 23 1-2 Blue Bell -91 95 Butler’s New Com_10 1-2 Butler's 6 cfr Pfd-2j 1-2 Carolina Insurance_38 1-2 Caro Pwd & Lt $5 Pfd__120 122 Chadbourn Hos Com_ 24 25 Cleveland Cliffs $5 Pfd_101 1-2 Coble Dairy 5c/r Pfd_51 52 1-2 Colonial Mills Com _ 45 47 Colonial Stores, New Com 27 28 J-4 Colonial Stores 4c/r Pfd__ 51 Creamery Pkg Mfg _48 Dixie Home Stores _ 22 1-2 23 1-2 Dwight Mfg - 34 35 3-4 Eastern Corp _ 19 3-4 21 1-4 Empire District Elec _21 22 1-4 Erwin Cot Mills Com_ 49 51 Erwin Cot Mills 6r^ Pfd_115 Foremost Dairies Com_ 22 1-2 23 1-2 Foremost Dairies 6cfa Pfd_ 51 Gamble Bros Com _17 18 Garfinckel, Julius Com.. 61 64 Garlock Packing _I_31 33 Giddings & Lewis Mach 16 3-4 17 3-4 Grinnell Corp _ 33 35 Gruen Watch _ 25 3-4 27 1-2 Hanes. PH Knit Cl B Com 25 26 1-4 Jeff Stand Life Ins_ 36 1-2 37 1-2 Larkwood Hos 5 1-2 Pfd_106 Life & Casualty Ins_ 28 1-2 29 1-2 May-McEwen Kaiser_104 106 Monumental Life Ins_ 43 45 Morganton Furn Co_25 Nat. Container 4 3-4 Pfd_ 51 52 National Mallinson _ 20 1-2 21 1-2 New Britain Machine_ 48 1-2 50 1-2 N. C. Railroad _192 1-2 Northwestern Nat. Life__ 19 1-2 21 Occidental Life Ins _ 5 1-8 5 3-8 Peninsula Telephone _53 Piedmont & North. RR __ 70 Pilot Full Fash Com _13 Riverside & Dan Com__108 1-2 110 1-2 Riverside & Dan 6c/r Pfd.112 Rose’s 5-10-25c _ 54 1-2 57 1-2 Rowan Cotton Mills _230 Saco-Lowell Shops _ 49 30 Scott & Williams _ 96 98 Seaboard Finance Pfd_40 Sec Life & Trust Co_48 1-2 Solar Aircraft Pfd _25 Sonoco Products _27 South Atlantic Gas _13 1-4 14 1-2 Southern Webbing Mills— 14 15 Standard Forgings _14 14 2-4 Standard Stoker Com_ 35 37 Stonecutter Mills “B”__ 14 1-2 15 1-2 Talon, Inc _49 i_4 Textiles. Inc. Com _ 20 1-2 21 1-2 Textiles Inc 4c/r Pfd_ 23 1-2 24 1-2 Thiokol Corporation _ 3 7-8 4 3-8 Trion Co., 5c/n Pfd _105 U. S. Sugar - 9 3-4 10 3.4 Wachovia Band & Tr. __ 86 88 Washington Mills _ 245 POLICE GUARD HOSPITAL TYLER_ Tex., June 29—(U.R)— Fearing mob action, poiice today threw a cordon around a Tyler hospital where doctors worked to save the life of Jimmy McClain, 27-year-old Negro wounded in a gun battle during his capture in connection with the slaying of a Tyler policeman. A mob that started forming in front of the Ty ler railroad station following news of the Negroe's capture was dis persed by city police. Do YOU Need Monetj To Remodel or Repair Your Home? Due to buHding restrictions and material shortages it may be some time before you are able to build the home you’ve been planning. So make your present home give you maximum comfort and convenience, NOW, by adding a room or so or making necessary repairs. If you’ve haven't the necessary cash to make the repairs you need, drop by and see one of the officers of our bank. iTou’ll get friendly, courteous service and expert financial advice and assistance. Borrow Where It Costs You Less... n„„3rTle„arnn0 “service charges” or extra costs in a Morris Plan a^ FHA lrnPr°vement loan you pay only 5% interest and tne table below shows you just how your payments may be arranged. —LOANS to repair = LVniNJ REMODEL Amount Monthly Monthly Monthly ' Finance £^"e?,ts Payments Payments Finance 12 Months 24 Month.. 36 Months 100 . 8-78 4.59 3.20 200 . 17-55 9.18 6.39 300.26-32. 13.77. 9.59 500 .4386 22.95 16.97 * 1,000 . 87-72 45.89 31.94 Maximum Amount $2,500 00-5% Interest Rate-No Security required other than the property owners signature. Morris Plan Bank OF WILMINGTON Member Federal Deposit Insurance Corp. SAYS REDDIN GOT TOP SECRET DATA Spy Trial Hears Report Of Selling Information To Russian Officer bEATTLE, June 29—(JP)— Capt. Homer N. WaHin, supervisor of shipbuilding for the 13th naval dis trict, told a Federal district court jury today that all data on the new design destroyer tender Yellow stone which Herbert Kennedy, Ma. rine engineer, testified' he sold to Russian Naval Lt. Nicolai G. Red in could have been used to advan tage of a foreign nation. In a quietly dramatic courtroom scene in Lt. Redin’s espionage-con spiracy trial, Captain Wallin took up Kennedy’s longhand copy of “confidential information” he said Redin bought for $250 and scanned it sentence by sentence. It covered “restricted” informa tion on the Yellowstone’s geneial specifications, its auxiliary machin ery and the dock trials of its pro pulsion machinery. Auto Believed Used In Jail Break Here Found In Hallsboro The automobile in which Jack Bryant, 27, is alledged to have stolen Thursday morning following his escape from the New Hanover county jail, was located last night in Hallsboro, near Whiteville, ac cording to Wilmington police. Bryant, the object of a three state search, walked away from the jail Thursday mornin~ aft - ■ posing as a fellow prisoner. He had been held in jail since April 20 when he was brought to Wilmington from Houston, Texas, in connection with the breaking into of Kingoff's Jewelry store Jan. 15. CHICAGO GRAIN CHICAGO, June 29—(/P)— Presi dential veto of the OPA extension bill created an active and higher oats futures market today, al though extreme gains ranging to 3 cents a bushel were sharply re duced immediately before the close. “Shorts” ran for cover when the veto announcement was made. They pushed all deliveries to ceil ings or within minor fractions of that level. Commission houses had heavy waiting orders to sell around maximums and when these were dumped on the market prices turn ed downward. While July oats remained un changed at 88 cent maximum, final prices on other deliveries were 1-4-1 1-8 higher than yester day’s finish. Corn was bid at $1.46 1-2 and barley at $1.35 1-2, the ceil ing. At Winnipeg all rye options jumped the 5 cent daily limit on buying which came partly from American interests. The Presidential veto came late in the market’s session and created the most active trading in several months during the final 15 minutes. Although rumors that a veto was forthcoming had been widespread, the trade generally was surprised as it had been felt the legislation would be accepted by the President. Offerings of cash oats continued fairly large but did not have much effect on futures prices in view of legislative developments. Pur chases for future delivery were placed at 352,000 bushels. All the grain offered was new crop oats. A car of No. 2 red wheat arrived here from Southern Illinois, the first of the season from this state. Overnight gains were received in the southwest as well as in parts of North Dakota, Montana and the southern districts of Can ada. Parity for wheat on June 15 was $1.65 against $1.63 a month earlier, while corn advanced to $1.20 from $1.18. There were trade reports farmers were feeding new wheat to livestock in the southwest. GRAIN RANGE Open High Low Close CORN— Jan . ...... 1.46% Mar ... . 1.46% OATS— Jly 88 88 88 88 Aug 86 88 86 86% Sep 85 87% 84% 85% Nov 85>/4 87% 84% 85% Dec 85% 87% 88% 85% Mar 85% 88 85% 87 BARLEY— Nov ■ ...•• .. ••.... 1.35% Dec .. . 1.35% DJar aattal aaaaaa aaaaaa 1.35% CHICAGO LIVESTOCK CHICAGO, June 29—(/P)— (US DA)—Salable hogs 200 (estimated) total not given; market nominally steady; top 14.85. Salable cattle 200 (estimated); total not given; compared week ago general market very un even, with closing trade lpver and price ranges on all classes em phatically wider than week earlier; strictly choice fed steers and long yearlings steady; approximately 125 loads brought 18.00 during week; several loads finished heif ers at price; low-choice steers and heifers 25 lower; medium and good kinds generally 50 off, in stances more; even choice light steers and heifers under pressure at close when eastern shipper de m a n d narrowed; considerably more grassy and warmed-up light steers and heifers in crop this week, these normally going on local account; but local killers again practically out of market; beef cows 25-50, mostly 50 lower; can ners and cutters weak to 25 lower bulls 50-75 down; vealers steady; stock cattle active early in week at 15.25-17.25 mostly, but closed weak to 50, mostly 25-50 lower. Completes Training Pvt. Raymond L. Smith, Jr., former New Hanover high school football player, has completed his basic training at Fort Knox, K., and is now home on leave before report ing to California for service in Japan. Negro Who Escaped Wilmington Officers Committed To Asylum MANNING, S. C., June 23. - Isaah Hunter, 19-year-old Claren don county Negro, has been con fined to State asylum, Columbia, after being picked up in front of the courthouse here Thursday, it was announced by Sheriff F. L. Overby. The youth escaped from Sh iff s Peputy Charles Snow and J. Cran mer Cool., Alcoholic Beverage Con trol policeman, of Wilmington, N. C., last Wednesday while the party was enroute to the state line to turn Hunter over to the local sheriff. Hunter had been in jail in the North Carolina city since June 20 when he was picked up and eld on a charge of insanity. Sheriff Overby said arrange ments were .iade with the Hanover county sheriff's office to deliver the youth to the state line. The escape occured in Bruns wick county when the Negro asked the driver the vehicle in which he was riding to let him out or the car for a f”w minutes. PEPPER GETS FUNDS WASHINGTON, June 29.— UP)— The senate voted today to provide an additional $5,000 for a senate labor subcommittee headed by Senator Pepper (D-Fla) to con tinue to August 1 its study of na tional health needs. COMMERCIAL SAVINGS TRUST [ 1888 1946 1 THE WILMINGTON SAVINGS AND TRUST (0. Wilmington, N. C. June 29,1946 a RESOURCES Cash in Vault and Due from Banks ...$ 6,544,655.12 United States Government Bonds, Notes and Certificates of Indebtedness . 12,217,981.64 Other Bonds . 27]l30.00 Stock in Federal Reserve Bank .. 30,000.00 Loans and Discounts . 5,063,682.22 Advances to Trusts . ’ 3,000.00 Banking House, Furniture and Fixtures . 68,490.52 Earned Income on Loans and Investments . 44,508,79 Customers’ Liability Account Letters of Credit and Acceptance ..... 5,000.00 TOTAL.$24,004,448.29 - ■ = - LIABILITIES £aP^al . 300,000.00 . 700,000.00 T0TAL.1,362,038.51 Reserve for Contingencies...^.4 100,000.00 Reserve for une&rneci Discount .. 9 864 61 Reserve for Interest Accrued on Time Deposits .*.".*.*.*.*.*.*.1 13 860 83 Reserve for Taxes and Federal Deposit Insurance. si ’son 71 Dividends Uncalled For.. .~"'s n’^oo io Cashier’s Checks .7.. 4^911 Tin Certified Checks . . .. ^q’cai on Deposits ... 99 qoc QQ9 07 Letters of Credit and Acceptance...^7.. ’ s’ooo 00 T0TAL. .$24,004,448.29 MEMBER FEDERAL RESERVE SYSTEM AND FEDERAL DEPOSIT INSURANCE CORPORATION London Estimates Effect Of ‘A’ Bomb | LONDON, June 29 — (fP) — One hundred thousand persons would be killed or injured, and 300,000 others would be render ed homeless by the explosion of one atomic bomb over a large British city, a British mission reported today. Summarizing damage and death caused by the American atomic bombs dropped on Hiro shima and Nagasaki the mis sion put its findings into a somber calculation of equiva lent damage if the same type of weapon were used against the United Kingdom. It estimated: 50,000 persons would be killed instantly or die from internal injuries within eight weeks; another 50,000 would require extended hospital treatment; 100,000 non-casual ties would be homeless per manently, or for the months required to carry out major repairs; 200,000 would be tem porarily homeless pending les ser repairs. Uncle Sam receives 500 applica tions for government jobs daily. Roaches! Roaches! Kill Your Roaches With Shepard’s Guaranteed Roach Killer. Manufactured By JOS. C. SHEPARD j | WILMINGTON, N. C. On Sale At These Stores: Jarman Drug Store. \ Lane’s D*rug Store. Futrelle’s Drug Store. Saunders Drug Store. Greenfield Drug Store. T. W. Wood & Sons Seed Store. Carl Marshburn Grocery. Paul Marshburn Grocery. J. H. Herring Grocery. Harrelson Grocery. '/ Mayhan Grocery. | Overton Grocery. George’s Food Store. Loveless Grocery. ;] L. L. Mills Grocery. | W D. Mills Grocery S. D. Bordeaux Grocery. | Ideal Open Air Market. Open Air Market. Super Open Air Market. jj Batson’s Grocery, Sunset Park. E. C. Robinson, Carolina Beach Hwy. Johnson Drug Store, Jacksonville. Ketchan Drug Store, Jacksonville. Bunch Drug Store, Carolina Beach. Seashore Drugs, Carolina Beach. 1 Seagul Drug Store, Carolina Beach. Same’s Grocery Store, Carolina Beach. Jones Grocery, Carolina Beach. Piner Grocery, Junction. Southland Grocery. 7-Mile Grocery. Finlay Carr. Wallace. Warsaw Drug Co.. Warsaw. | Joe Brown Grocery f Guarantee Food Store, Southport. J Bokenhagen Grocery. Ellis Meyers, Fairbluff—Ellis Meyers, Whiteville. A. A. Hobbs. jj Another REED'S Creation... I "The Duchess" ' (Fed. Tax Inc.) Another famous REED'S Creation. Designed for and by REED’S craftsmen and artists in their own fac tory. 14 Karet natural gold band in an exquisite setting with three lovely diamonds. This is an un usual diamond opportunity. Wilmington's Only Diamond Importers REED’S Jewelers import their own diamonds and make up their own rings. For that reason you may be assured that when you purchase a REED’S dia mond you are getting the best! It is fully guaranteed and offers you savings up to 30% of current market prices. Deferred Paymenf Plan Arranged No Interest^No Carrying Charge Remember—REED’S Diamonds Are Guaranteed 7 NORTH-FRONT STREET REED’S FOR DIAMONDS -Dial 2-3311 For Newspaper Service—•