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ck Market Opens July
With Substantial Rally Assorted “Blue Chips” Register Gains Of 16 Points Or More NEW YORK, July 1—(.#)—The itock market today started July with one of its best rallies in six months as relatively heavy short covering and investment demand lifted leaders 1 to 3 or more points with assorted “blue chips” jump ing as much as 16 and highs for the year or longer numerous. The recovery swing got under way after early irregularity. Oils, steels, motos, rails, rubbers and special issues led the climb. There was a little selling now and then but most pivotals closed at or near the day’s tops. Deaings slow ed at intervals although speed-ups were frequent. Transfers of 1,090, Musical Reveille A quarter hour of favorite tunes played by the leading bands in the land. Time given every few seconds. 8:40 A. M. to 8:55 A. M. MON.—WED.—FRl. W M F D 1400 ON YOUR DIAL ABC Affiliate MARKETS AT A GLANCE NEW YORK, July 1. —UP)— Stocks — Higher: leaders in brisk recovery. Bonds — Steady: Rails ad vance. Cotton — Lower: July liquid ation. CHICAGO Wheat — Strong: higher loan rate. Corn — Strong: advanced with wheat. Oats — Firm to strong: ad vanced with other grains. Hogs — 25 to 50 cents lower: Top S25.00. Cattle — 25 cents higher to 25 lower: Top S29.50. 000 shares compared with 670,000 Monday and1 equalled the total of last Tuesday. Shorts were said to have ad justed' their commitments on the idea that the lengthy weekend might bring good news such as a possible settlement of the coal wage dispute. Dividends, earnings, rising business optimism and the search for yields spurred purchas ers. Rails had the benefit of pros pects for a boost in freight rates and passenger fares. The oil .group still was buoyed by fuel shortages and the profits outlook for this industry. Composite tip The Associated Press 60-Stock Composite was up 1.1 points at 65.3 sharpest advances since the 1.4 climb upswing oi June 11 which was the widest since last Dec. 9. It was the broadest market since SEE KAMER ANT) SEE BETTES Tvrs Examined. Glasses Fitted DR. W. A. KAMER Optometrist Bulluck Building NOTICE The General Assembly of North Carolina has en acted:—G. S. 105-422 baring tax liens for 1936 and prior years. That this act shall be in full force and effect from and after July 1, 1947. This act provides for the institution of suits prior to December 31, 1948, so that the city of Wil mington and New Hanover County can protect their claims against all parties owing taxes prior to 1937. All persons owing taxes for the above years, suit will be brought immediately. DELINQUENT TAX DEPT. June 24. Of 1,012 issues appearing, 717 rose and only 131 declined. At peaks for 1947 were Nikel Plate preferred, up 16% points at 111; Cnrysler 3% at 112%, Ameri can Smelting, 1% at 60%. Joy Mfg. 1 at 36%, Standard Oil of Cal U4 at 6114, Celanese 1 at 23%, Standard Oil (NJ) % at 77%, Texas Co., % at 65 and Shamrock Oil at 27%. Dow Chemical added 6 at 176, Bethlehem 3 at 87, Allied Chemi cal 3 at 180, Nikel ’Plate common 3% at 33% and U. S, Gypsum 3 at 104. Ahead 1 to 2 or so were Ul S. Steel, Youngstown Sheet, Good year, U. S. Rubber, Goodrich. Montgomery Ward, Internationa! Harvester, Qliver Corp., Douglas Aircraft, American Telephone, Kennecott, American Can, West inghouse, Union Carbide, Johns Manville. J. C. Penney, Union Pacific, Southern Pacific, Southern Railway and Chesapeake and Ohio. Pennsylvania - Central Airlines was an exception, hitting a new low for the year and ending at 6%. off %, following the company’s petition for retroactive mail pay in which it said that it was “now on the very threshold of bank ruptcy.” Railway bonds stiffened. At Chi cago wheat was up 3% to 4% cents a bushel, corn off 1-4 to up 2 3-8 and oats up -58 to 1. Cotton dropped 95 cents to $2.05 a bale. Forward curb movers Included Electric Bonda and Share, Cities Service, C. S. Merritt, United Shoe,' Southland Royalty and United Light. Turnover here was 260.000 shares versus 170,000 yesterday. STOCK AVERAGES Compiled By The Associated Press 30 15 15 60 Ind Rails Util Stock Net Change A1.6 A1.0 D.l Al.l Tuesday 93.2 33.1 42.6 65.3 Prev Day 91.6 32.1 42.7 64.2 Week Ago 90.3 32.0 42.1 63.4 Month Ago 87.2 33.0 41.7 61.3 Year Ago 103.6 48.8 53.8 79.2 1947 High 94.6 38.5 47.2 69.0 1947 Low 83.2 27.7 40.6 58.5 1946 High 110.4 51.2 55.4 82.4 1946 Low 82.0 30.9 42.5 59.4 WHAT STOCKS DID NEW YORK, July 1 Tue Mon Advances . 717 380 Declines _ 131 283 Unchanged-- 1.64 212 Total Issues __ 1012 875 CASH GRAIN CHICAGO. July -(TP)—Wheat: None. Corn: No. 2 yellow 2.12-2.12 1-4; No. 3. 2.08-2.il 1-2; No. 4, 2.06 1-2—2,07 1-2; No. 5. 2.01 1-2; sample grade 1.40-1.77. Oats; No. 1 heavy white 1.07 1-4—1.11; No. 1 white 1.07-1.07 1-2. Barley: Malting 1.70-2.25 nom inal; feed 1.60-1.80 nominal; choice malting 1.70-2.25 nominal; feed 1.60-1.80 nominal; choice malting 2.10-2.15 nominal. We’/I be the toast of the town They make a perfect pair— Sally Corn, the flavor and en ergy queen, and Sammy Soya, the prominent protein ... in a brand-new, grand-new cereal, Kellogg's Corn-Soya, i The wedding was performed I xiS by Kellogg's, after 20 years of work and experiment ... to bring you a just-right combina tion of tongue-tickling flavor and nourishment. Try these toasty golden shreds today. Itar gaze^v A ARIES Mar. 22 Apr. 20 € 54-57-68-69 71-77 TAURUS Ml Apr. 21 a^® May 21 € 26-27-33-35 43-50-62 GEMINI May 22 30kju„e 22 €41-45-51-55 61-67-70 t<«NCER XjkC June 22 WW July 23 € 44-47-53-58 72-78 LEO fik. July 24 -_2®l Aug. 23 €2- 7-16-20 25-63-65 ^ VIRGO /yVw|( Aug. 24 WikM Sept. 22 Afe 12-15-18-32 W 36-38 -By CLAY R. POLLAN - To develop message '^Wednesday. read words correspondlnr to num bers of your Zodiac birth »!*"• 1 Slow 2 Carry 3 Keep 4 Don't 5 Give 0 Smiling 7 On S D|) 9 Nothing 10 Into 11 Exciting 12 Be 13 Don't 14 Day 15 On 1C IVith 17 Today IS Guard 19 To 20 Determination 21 Plan 22 Attract 23 Keep 21 Depressed 25 Success 2C Don’t 27 Take 28 People 29 Minglo 30 Too 31 Feelings 32 Not 33 Any 34 Gained 35 Chance 30 To 37 Much 38 Antagonize I 39 On 40 with 41 Put 42 Or 43 With 44 Be. 45 Determined 46 By 47 Patient 48 People 49 An 50 Cherished 51 Effort 52 Social 53 With 54 See 65 Into 56 Even 57 That 58 Loved 59 Activity 60 Excessive 61 Work 62 Relationships 63 Is 61 Attract 65 Forthcoming 66 Keel 67 In 68 Your 69 Health 70 Hand 71 Is 72 Ones 73 Romance 74 Emotions 75 Effort 76 Today •77 Protected 78 Now Good ^ Adverse ^y Neutral (Rrltasid buThe BUI Syndicate. Inc.) LIBRA ! 3- 6-17-19 22-28 SCORPIO v> Oct. 24 W Nov. 22^0 4- 5-10-24 31-42-74 ^ SAGITTARIUS Nov. 23 -flX Dec. 22 'i* 1- 8- 9-34 46-60-75 CAPRICORN^ Dee. 23 Jan. 20 23-39-49-56 66-76 AQUARIUS a Jan. 21 Feb. 19 13-21-30-37 52-59 ^ PISCESv». Feb. 20 )#> Mar. 21 11,14-29-40 (I?) 48-64-73 'S' 1947 Carolina Peach Crop Will Be Largest In Years NEW YORK COTTON NEW YORK, July 1—W—Cotton futures were under pressure today and closed 95 cents to $2.05 a bale lower. Trading was moderately active and influenced to some ex tent by liquidation in nearby July, anticipating expiration of trading in that contract on July 15. The government weekly weather report was favorable on cotton crop conditions and induced some sell ing in deferred deliveries. There were some switching from nearby July into 1 °r months. The cotton export subsidy ex pired at midnight June 30, with no announcement from the govern ment as to the futures policy on exports. Futures closed 95 cents to $2.05 a bale lower than the previous close. Open High Low Last Jly 37.25 37.64 37.25 37.43 off 24 Oct 32.58 32.68 32.40 32.47 off35 Dec 31.71 31.73 31.47 31.47 off 33 Mch 31.19 31.19 30.83 30.95 off 39 May 30.75 30.75 30.36 30.38n off 41 Jly 29.-1 29.90 29.56 29.56 off 40 Middling spot 37.75N off 39. N-Nominal. NEW ORLEANS COTTON NEW ORLEANS, July 1—l/'P)— Cotton, iutures declined here today under realizing 0f profits by long hedging and selling on favorable private and official crop reports. •sClosing prices were barely steady 50 cents to $2.60 a bale lower. Open High Low Close Jly 220.127.116.11 37.23 37.30 off 10 Oct 32.65 32.65 32.40 32.45 off 35 Dec 31.50 31.73 31.45 31.49 off 37 Mch 31.11 31.11 30.82 30.82 off 52 May 30.60 30.65 30.33 30.34 off 42 NEW ORLEANS MIDDLING NEW ORLEANS, July I. —(/PL The average price of middling 15 16ths inch cotton at ten Southern spot markets today was $2.05 a bale lower at 36.99 cents a pound; aver age for the past thirty market days 36.76. Middling 7-8 inch average 35.43 cents a pound. NEW ORLEANS SPOTS NEW ORLEANS, July 1—(>P)— Spot cotton closed steady $1.75 a b.ale lower. Sales 149. Low middling 31.80 Middling 36.80. Good m d dling 37.40. Receips 559. Stocks 78.641. CHARLOTTE SPOT CHARLOTTE, July 1. — (>P) — Spot cotton closed 36.00. CHICAGO BUTTER CHICAGO, July 1—(TP)—(USDA) Butter firm; C 89 score 64; others unchanged. Eggs firm; large No. 1 and 2 extras 49-51.5; medium ex tras 45-45.5; standards 44-45; cur rent receipts 42-43; dirties 39.5-40; checks 39-39.5. Refreshing pause I 6 10 I K 5 0 1 BOTTLED UNDER AUTHORITY OF THE COCA-COLA COMPANY BY WILMINGTON COCA-COLA BOTTLING COMPANY B -YMARGARET KERNODLE AP Special Washington service WASHINGTON, July 1 — (JP) — Carolina peaches will be late but “ther’ll be a lot of them,” agri culture experts said today. In fact, U. S. Department of agriculture officials, said “to say peaches will be plentiful is putting it mildly.” The national peach crop is ex pected to be the largest in history with 2,500,000 bushels more than last year—or a total crop of 89, 183,000 bushels, they stated. First big crop will be the Georgia shipments, anticipated for late July, then the peak for Caro lina peaches will be early August. Midwestern crops will be late Au gust arrivals and the Rocky Mountain peaches won’t make ap pearances until September, the expert said. Good Home News The big peach crop, they told a reporter, is especially goo<j news for the home canner — because peaches are one of the best fruits for home canning. Besides, there’s sugar like there hasn’t been for several canning seasons. To provide the perfect canned peach, they advised "look beyond the pink blush (if the peach has one) to see that the ground color is yellow or white—not an unripe greensih tint.” It’s cheaper, they said, “to hot pack” the peaches because this uses less jar space — "about a serving more to a quart jar, than when peaches are packed without pre-heating.” But, peaches packed raw hold shape bet’er and look prettier — in ihe jar and on the table. Personal Taste As for flavor, it seems to be a matter of personal taste. Which method makes a peach better eat ing. Whichever way can peaches, the dapartment experts say: “wash peaches, dip in boiling water, then quickly in:o cold water, remove skins—halve anj pit.” If you don’t want ’em dark, drop peaches into water containing two tablespoons of salt and two of vinegar per gallon of water drain just before heating or packing cold. New Assistant Farm Supervisor Assigned To Columbus County Special to the Star WHITEVILLE, July 1. — Ralph D, Hawkins, a resident of Greens boro for the past li years, has been assigned to the Whiteville Farmers Home Administration as FHA farm supervisor and has tak en up his duties as assistant to C. D. Pickerrell, FHA supervisor in Columbus and Brunswick coun ties. Mr. Hawkins was with the form er Emergency Crop and Feed Loan office for 17 years with as signments at Columbia, S. C., Washington, D. C., Reidsville and Greensboro. He is a graduate of Furman University, Greenville, S. C., and saw service in France du ring the first World War. He is a native of Greenville. Mrs. Hawkins, who has been ac tive in music and club circles in Greensboro, will joint her husband here as soon as suitable living quarters are secured. CHICAGO LIVESTOCK CHICAGO, July 1—(TP)—(USDA) Salable hogs 12,000, total 18,000; weights under 250 pounds fairly active but 25 cents lower; heavier weights slow, 25 to mostly 50 cents lower; sows 25-50 cents low er; most decline on sows over 400 lb; top 25.00; bulk good and choice 170-260 lb. 24.00-24.90;, 270-290 lb. 22.50-23.75; 300-330 lb. 20.75-22.25; heavier weights down to around 19.00 for around 400 lb. averages; good and choice sows under 400 lb. mostly 18.00-19.50; heavier weights down to 15.50 for weights 550 lb. and over. Salable cattle 7,000, total 7,000; salable ..calves 1,000, total 1,000; grain fed steers with weight steady to 25 cents higher; yearlings in cluding yearling heifers steady to 25 cents lower; yearling heifers showed full decline; largely steer and heifer run; good and choice grades predominated; choice weighty steers active at 28.00 up ward; five loads topped at 29.50; strictly choice western fed 950 lb. heifers 27.50; comparable light offerings 27.00; medium steers scarce at 24.00 down; other killing classes steady with cows slow, bulls active; canner and cutter cows 9.00-13.00; good beef cows 19.50 mostly; vealers 24.00 down: STATE HIGHWAY PATROL RAYLEIGH, July 1—(TP) — More than 200 applicants for the state highway patrol began taking physical examinations today at Fort Bragg as a preliminary to entering the patrol school to be held at Chapel Hill starting July 7. A PICNIC FOR THE FOURTH! ** — - - ----^^ - A&P STORES WILL BE CLOSED ALL DAY FRIDAY JULY 4th OPEN ALL DAY SAT. JULY 5th r«i 11 ■£ i» TtliJ I j SUPER SUDS iS 31c LIMITED QUANITIES PALMOLIVE SOAP 2 S2 25c LIMITED QUANITIES Cashmere Bouquet SOAP 2 Bars 23c LIMITED QUANITIES SWAN SOAP if 16c LIMITED QUANITIES IVORY FLAKES Daily Dated Sandwich MARVEL BREAD.sst 13c Ann Page Salad Style MUSTARD. 15c Pick O'Carolina Sweet Mixed PICKLES.”£■ 33c Ann Page Salad DRESSING. a 31c Mild American CHEESE. 45c Underwood’s DEVILED HAM.s 18c Armour's TREET. s 37c Ann Page PEANUT BUTTER... 33c White House EVAP. MILK.3 s: 33c Ann Page Garden RELISH. "2 19c Hunt’s Or All Good TOMATO SAUCE.... ■£■ 5c pS: 32c LIMITED QUANITIES APPLEJUICE - PFflC Iona Sweet jl | tnU Tender ■ ■ W NECTAR «... RDADp Monteray Urlrtr L JUICE PUNCH ■ ■ f A A A Sunnybrook LUUO LGEla FRESH ■ ■ ■ A*Ps Qualify FineMeats Fancy Sliced ( Lb. Bacon, lb_69c Fancy Milk Fed Lb. Fryers, lb_59c Fancy Roasting: Lb. Hens, lb.55c Morrells Tenderized Lb. Picnics, lb... 49c / Fresh Ground Lb. Beef, lb._43c Skinless Lb. Franks, lb_47c Center Cut Lb. Pork Chops, lb. 69c Spiced Luncheon Lb. Meal, lb.55c ‘Z' r Our Fruits and Veqetables are GardenFresk Guaranteed Ripe 2 Lbs. Watermelon- - 7c Ripe Lb. Ctn. i Tomatoes_20c Large Head Each Lettuce_12c - < Limes. Fancy Slicing Cucumbers. _ Large Juicy Lemons__ u. S. No. 1 White 1 POTATOES „ 5 lbs. 23c J§j Pressed Lb. Ham, lb.69c Boiled Lb. Ham,. 55c Pickle & Pimento Lb. Loaf lb. 49c -4 All Meat Lb. Bologna 45c SUNNYFIELD CORN FLAKES 8-Oz. An Pkg. NABISCO SHREDDED WHEAT 15c NBC R I TZ Lb. Pkg.