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The Wilmington morning star. (Wilmington, N.C.) 1909-1990, July 23, 1947, Image 8

Image and text provided by University of North Carolina at Chapel Hill Library, Chapel Hill, NC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn78002169/1947-07-23/ed-1/seq-8/

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Market Leaders Neglected
On Quiet Exchange Trade
Timid Buying Centers On
Selected Rails, Industrial
Favorites
markets at a glance
NI^V YORK, July 22 —UP)—
Stocks — mixed; price
changes narrow.
Bonds — steady; rails im
prove.
Cotton — irregular; mill buy
ing; profit taking.
CHICAGO
Wheat — firm on govern
ment flour price increase.
Corn — firm; cool growing
weather.
Oats — strong with other
grains.
Hogs — 50 cents to $1.00 low
er; tap $27.10.
Cattle — 25 lo 75 cents high
er; top $31.50.
NEW YORK, July 22 — </P) —
Timid buying centered on selected
rails and industrials in today s
stock market although dealings
were the slowest of the month and
numerous leaders suffered from
neglect.
The proceedings were some
what apathetic from the start.
Carriers, buoyed by good revenue
statements and hopes for rate
boosts, enjoyed a brief runup be
fore midday. The majority fai.ed
to hold at the tops. While assert
ed pivotals stiffened at the last,
closing quotations were under the
best in most cases and losers
widespread. Transfers dwindled
to 780,000 shares compared with
840.000 Monday and were a low
since June 30.
The Associated Press 60-Stock
Composite was up .1 of a point at
67.2, due to the presence of a num
ber of gainers in the average. Ac
tually, of 932 issues registering,
367 fell and 336 rose. It was the
narrowest market since June 30. j
Corporates Up
A jump in corporate profits lift
ed Buffalo Forge 2 7-8 to 33 7-8 and
Robert Gair 7-8 to 8 7-8, both
peaks for the year. New-highs for
1947 also were recorded for Al
lied Chemical, up 3-4 at 191, Stand
ard Oil <NJ) 3-8 at 78 3-8 and
Follansbee Steel 1 1-8 at 24.
Ahead a point or more we’ e
Southern Pacific at 45 7-8 (fol
lowing settlement of the road’c en
gineer strike, Gulf Mobile & Ohio
15 3-4. Bethlehem 83 1-2, Interna
tional Harvester 89 3-4, American
Woolen 39 1-4 and Kennecct 47
Modes’ plus signs were retain
«d by U. S. Steel, Youngstown
Sheet, General Motors, Sears
Roebuck, Boeing, American Tele
phone. Consolidated Edison, In
ternational Nickel, Air Reduction,
General Electric. J. C. Pennv, N.
Y. Central, Southern Railway,
Chesapeake & Ohio, Illinois Cen
tral and Great Northern Railway.
Douglas Aircraft yielded 1 1-2
at 56 1-2. Dow Chemical 1 at 166
and American Smelting 1 at 60 1-4.
John R. Thompson was off 1-2 at
12 1-4 in the wake of a dividend j
omission. Easier were Pennsyl
vania Railroad. Chrysler, Good
year, U. S. Rubber. Deere. United
Aircraft, North American. Ana
conda. Arne, can Can, Unoin Car
bide, Philip Morris. Johns-Man
viile and Monsanto Chemical.
Bonds were narrow. At Chicago
LIGHTENS dark SKIN r
Loosens BLACKHEADS
Utn only as dlracted
VENETIAN BLINDS
UJ. SIZE BUNDS MADE ANI)
REFINTSHtED
STRICKLAND VENETIAN
BLIND WORKS
hone 6404 Castle Havne Road
11!'Portrait dime
! IS
i Vacation dime
I LET US MAKE YOURS
|
I Adams Studio
| 23 Years in Wilmington
j 8th Floor Trust Bldg.
—KUK—
CORRECT TIME
Call 2-3575
—FOR—
Correct Jewelry
VISIT
i Wilmington’s Largest Credit
| Jewelers
wheat was up 1-2 to 1 1-4 cents
a bushel, corn 3-4 to 1 3-4 and oats
7-8 to 2 1-8. Cotton was up 45 cents
to down 75 cents a bale.
Better curb performers were
Brown-Forman Distillers (on a
splitup proposal, Whitman Co. and
Apex Electric. In arrears were
Atlas Plywood, Cuban Atlantic
Sugar, Solar Aircraft and South
Penn Oil. Turnover here was 230.
000 shares, the same as yester
day.
STOCK AVERAGES
Compiled By The Associated Press
July 22—
30 15 la 60
Ind Rails Util, Stocks
Net Change A.l A.l A1 A.l
Tuesday 94.9 35.9 42.9 67.2
Prev Day 94.8 35.8 42.8 67.1
Week Ago 95.7 35.7 43.2 87.6
Month Ago 90.3 32.0 42.1 63.4
y»ar Ago 99.7 44.3 51.7 74.4
1947 High 95.9 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 22—(IP)
Tue Mon
Advances .—- 336 33o
Dprlines_• 30i oi&
Unchanged--- 229 240
Total Issues -— y<>2
LIVESTOCK
CHICAGO LIVESTOCK
CHICAGO. July 22 — (TP) — (US
DA) — Salable hogs 10,000: total
13,500; slow; weights under 240
lbs. 50-75 cents lower; heavier
weights and sows unevenly 50
cents to 1.00 lower; top 27.10 for
one load; bulk good and choice
170-250 lbs. 26.00-27.00; 260-280 -bs.
24.00-26.00; 290-330 lbs. 22.25-23.75;
choice 435 lbs. butchers 19-25;
CTood and choice sow's under 350
lbs. 20.00-22.00; few 22.25; 350
400 lbs. sows 18 50-21.00; 400-450
lbs. 16.75-18.75; 450-500 lbs. 15.50
17.25; over 500 lbs. 15.00-15.75;
prospects incomplete clearance.
Salable cattle 5,000, total 5.100:
salable calves 800, total 800; hign
medium to choice steers and year
lings 50-75 cents higher; No
weighty strictly choice steers
here; average - choice 1.258 lbs.
fed Montanas 31.50; however
strictly choice 1,000 lbs. yearlings
brought 30.50; most good and
choice steers and yearlings 27.00
31.00; comparable heifers 25.00
28.00; average-choice 1,000 lbs.
mixed yearlings bringing 29.50;
common and medium grades
steers and heifers strong; good
and choice heifers 250-50 cents
higher: outside 28.00; but choice
kinds absent: cows 25 cents higher;
most beef cows 15.50-17.00; out
side 19.00; cutters 12.50 down;
bulls strong; sausage offerings
to 18.25; beef bulls to 18.50;
vealers weak at 24.00 down; few
strict selects 25.00.
DEMURERS TO BE
; FILED IN SUIT
Suit Outgrowth Of Charges
Schools Failed To Sup
ply Equipment
Special To The Star
LUMBERTON, July 22—Defense
Attorneys in the suit recently
brought by parents of Lumberton
Negro school children against city
and Robeson county officials al
leging discrimination in school
facilities and transportation against
Negro pupils indicated today that
demurrers will probably be filed
as first step in answer to the
charges.
Henry A. McKinnon, attorney
for the county board of commis
sioners, said that the demurrers
will probably argue to the effect
that the allegations even if true
fail to establish legal grounds for
a suit.
The suit charges that school au
thorities fail to provide adequate
buildings, equipment and transpor
tation for Lumberton Negro chil
dren. It is the outgrowth of a long
time controversy over the admit
tedly delapidated condition of
Thompson Iustitute and Redstone
Academy Negro schools here.
County commissioners recently
earmarked $167,000 for erection
of new school buildings and the
Thompson site was purchased but
no steps have been taken toward
any construction.
TREND OF STAPLE PRICES
NEW YORK, July 22-The As
sociated Press weighted wholesale
price index of 35 commodities de
clined to 183.40.
Previous day 183.84, week ago
181.01, month ago 174.65, year ago
146.50.
1947 ‘ 1946 1945 1944
High 184.32 169.72 112.81 108.73
Low 164.05 112.05 107.90 106.03
(1926 average equals 100).
DAIRY PRODUCTS
CHICAGO, July 22 — Iff) — But
ter nervous; receipts 865,227; eggs
weak; receipts 18.271.
98*
.QUART i
MREEMH
LINX™«WAX
\ Most home accidents are caused by
l falls. Lin-x, the ANTI-SLIP wax,
1 bears the seal of the Underwriters’
1 Laboratories, Inc., as an anti-slipj
l floor treatment. Just wipe it on—/
^ Lin-x is easy to apply—quick to
I dry! It beautifies and protects your
B linoleum and wood floors.
" PRODUCT OF SHERWIN WlUIAMS RESEARCH
SOJ-D AT DRUG, GROCERY, HARDWARE,
PAINT. VARIETY, AND DEPARTMENT STORES
THE SHERWIN-WILLIAMS CO.
Phone No. 1609-J. |

THE 1948 PACKARD CONVERTIBLE now being shown by Eastern Motors Sale® 2100 Cas e
Haype Road. Seated at the wheel is Arthur Newkirk .co-owner with W. H. McEacne • n„
Eastern Motors Sales and Service franchise for Packard in this area. This ® ™ d response to
nost war 1948 model automobile to be shown in Wilmington and we have had iremenuuus v
“the dream car come true’’, Newkirk stated.______
COTTON
NEW YORK COTTON
NEW YORK, July 22—WP)—Cot
ton futures turned irregular in
moderately active dealings todaj
and closed 40 cents a bale higher
to 75 cents a bale lower. Profit
taking and hedging against the
new crop movement in Texas
discouraged rallying tendencies fol
lowing the recent sustained ad
vance' into new seasonal high
grounds. Early commission house
and New Orleans buying had
rallied the market temporarily to
gains of more than $1.50 a bale.
Mills bought mostly on the scale
down. The October, 1947, delivery
was relatively firm anticipating
buying orders in that contract when
the government makes its award to
shippers on cotton to be purchased
for Japan.
The government weekly weather
report was generally favorable, on
cotton crops progress, bud did not
appear to have much influence on
trading sentiment.
Open High Low Close
Oct 35.05 35.50 35.05 35.26 up 8
Dec 34.57 34.95 34.57 34.74 off 1
Mch 34.41 34.80 34.41 34.43 off 8
May 34.15 34.46 34.13 34.10b off 10
Jly 33.29 33.61 33.29 33.33 off 15
Oct 30.51 30.51 30.37 30.37b off 1
Middling spot 38.59N off 49.
N-Nominal; B-Bid.
_._I
NEW ORLEANS COTTON
NEW ORLEANS, July 22—(.-’P)—
Cotton futures closed steady 55
cents a bale higher to 55 cents
lower.
Open High Low Close
Oct 35.12 35.40 35.10 35.27 up 10
Dec 34.62 34.93 34.61 34.79 up 11
Mch 34.47 34.70 34.44 34.44 off 4
Mav 34.12 34.43 34.11 34.11 off 6
Jly 33.35 33.60 33.32 33.32 off 11
NEW ORLEANS SPOTS
NEW ORLEANS, July 22—(/Pi
Spot cotton closed steady $1.25 a
bale lower here today. Sales 794.
low middling 33.45. middling 37.45,
good middling 38.05, receipts 789.
stocks 39,600.
CHARLOTTE SPOTS
CHARLOTTE, July 22 — i/P) —
Spot cotton 38.75.
N. C. PEACH MARKET
HAMLET, — Haulings Monday!
light, demand improving, mar
ket about steady; sales FOB ship
ping point, bushel baskets, U. S.
No. 1 Hiieys, 2 inch and up 2.00
2.25, occasional low as 1.65; 1 7-8
inch and up 1.75-2.00; 1 3-4 inch and
up, few 1.50, Few shipments rolled
unsold.
JAYCEES PROTEST
REMOVAL SHP
Action Followed Closely
That Of Carolina Beach
Aldermen
The Wilmington Junior Chamber
of Commerce at the regular meet
ing last night adopted a resolution
protesting the proposed transfer
of the State Highway Patrol troop
headquarters from Wilmington to
Fayetteville.
The Jaycees’ action followed by
only a few hours similar steps tak
en by the Carolina Beach aider
men, on a tour of Myrtle Beach, S.
C., to keep the troop headquarters
here.
Members of the civic club also
heard reports of past beauty pag
eants as part of the preparation
for the Miss North Carolina con
test to be held at Lumina, Wrights
ville Beach, August 17.
The contest, sponsored by the
Jaycees, will be held with the
state Jaycee convention, August 15,
16 and 17.
A program of events for the con
vention was made tentatively at
the meeting.,
It was announced that a break
fast flight will be made to Lumber
ton on Sunday, July 27. The local
members will meet with Lumber
ton club and return the same
morning.
RAILROAD LIENS
CONTINUE GAINS
Favorites Advance Maxi
mum Of More Than Two
Points For Day
NEW YORK, July 22—(VP)—Rail
road issues continued recent gains
on a selective basis in the bond
market today.
Favored liens advanced a maxi
mum of more than 2 points al
though most additions were frac
tional and a liberal sprinkling of
small minus signs appeared.
Highlights of dealings in the
new money market was the sale
at competitive bidding of $26,900,
000 of 30-year Pacific Power and
Light Co. bonds. The issue was
awarded to an investment syndi
cate headed by W. C. Langley
and Co., and the first Boston Corp.
on a bid of 101.814 with a 3% per
cent coupon. The syndicate was
expected to reoffer the bonds pub
licly at 102.91, or a yield to the
buyer of .310 percent.
New York Telephone co.’s new
$125,000,000 issue was cut loose
from syndicate moorings and the
price promptly declined to around
102% bid in the over-the-counter
market, which compared with the
offering figure of 103. It closed
at 102%.
Top Grade Issue
A substantial part of the issue
was unsold when the syndicate
was terminated, according to talk
in the financial district. But it
was expected the lower price might
teir^n some of the big institutional
buyers. The bonds are regarded
as” top-grade investments.
Corporates advancing in the ex
change included B and O 5s of
2000 at 64%. Boston and N Y 4s
at 43. Rock Island refunding 4s
at 53%. Hudson and Manhattan re
funding 5s at 59%, Missouri Pacific
general 4s at 29%, N Y Central
rtfunding 5s at 85%. New Haven
3%s of '56 at 46 lup 4), Seaboard
Airline incomes at 69. and South
ern Pacific Oregon division 4%s
at 602%.
Chicago and Eastern Illinois in
comes lost 3 at 40. while Illinois
Central refunding 4s at 99% and
Cottonbelt refunding 5s at 101%
were down smaller amounts.
World Bank issues improved
several 32ds of a point.
In the overseas section Poland
assented 4%s lost % at 12%. U. S.
Governments moved narrowly in
the over-the-counter market. Sales
totaled $4,095,000. compared with
$4,480,000 Monday.
BOND AVERAGES
Compiled by The Associated Press
JLXY 22—
2# 10 10 10 10
Rails Indus Util Fgn I,ow Yd.
Net change Unch D.l A.l D.l A.l
Tuesday 94.5 107.4 1G5.5 72.0 114.9
Prev day 94.5 103.5 1 05.4 72.1 114.7
Week ago 93.6 103.4 105.7 72.0 114 8
Month ago 91.2 1 03.4 1 05.4 72.9 115.1
Year ago 101.7 1 03.9 1 07.6 78-2 1,8.0
1947 High 97.1 104.2 1 03.7 76.6 116 5
1347 Low 89.8 103.2 104.0 71.S 114.7
1946 High 106.9 105.2 109.3 79.0 120.2
1946 Low 92.0 102.7 103.3 74.4 114.3
NAVAL STORES
SAVANNAH, Ga„ July 22 - GP)
— Turpentine, 58; offerings, 245;
sales, 120; receipts, 664; ship
ments, none; stocks 8,025.
Rosin: offerings, 387; sales, 300
receipts, 838; shipments, 148;
sticks, 11,110.
Quote: B and D, 6.50; E, 6.55; F
G H I 6.81; K M N WG WW and X
6.85.
S. C. PEACH MARKET
SPARTANBURG, S. C., July 22
_ (jf>) _ (USDA)— Peaches: haul
ings light Monday, demand good,
market steady. Sales FOB ship
ping point, bushel baskets, U. S.
No. 1 early Elbertas, 2 inch and
up 2.50-2.75.
RALEIGH POULTRY
RALEIGH. July 22 —(£>)— fNC
DA>— Egg and poultry markets
firm. — U. S. Grade AA large 56,
fryers and broilers 33 to 35.
Dial 2-3311 For Newspaper Service
BATHING BOY—Bernard “Biff” Ramey Jr., 17-months-old. of j
Decatur, 111., has fun on lake beach onhot day. j
y
GRAIN
CHICAGO GRAIN
CHICAGO, July 22—(TP)—Wheat
and corn futures prices jumped
sharply at the start today on a
boost in the government flour
buying price and the poor corn
weather but later reacted to
around the previous close in some
cases.
Wheat closed % to Hi cent high
er than the previous finish, July
$2.40-$2.40%, corn was up % to 1%
cent, July $2.18%-%, and oats
were ahead % to 2% cents, July
$1.04-$1.03%.
WHEAT—
Jlv 2.42% 2.42% 2.39% 2.40%
Sep 2.37% 2.37% 2.35% 2.36%
Dec 2.37 2.37 2.33 2.34V4
May 2.32% 2.32% 2.29% 2.31%
CORN—
Jly 2.18 2.20 2.17% 2.18%
Sep 2.10% 2.12% 2.08% 2.09%
Dec 1.88 1.89 1.86% 1.87%
May 1.93% 1.84 1.81 1.82%
OATS—
Jly 1.03 1.04% 1.02% 1.04
Sep 95% 96% 94% 96%
Dec 93 96% 92% 93U
Mav 91% 91% 90% 91
SOYBEANS—
Nov 2.88 2.88 2.88 2.88
Mar --- - - 2.74
LARD—
Jlv ---— 18.35
Sep 19.00 19.20 18.00 18.40
Oct 18.75 18.75 18.55 18.55
Nov 19.30 19.45 18.45 18.72
CASH GRAIN
CHICAGO, July 22 — (IP) —
Wheat: No. 2 hard 2.41-2.41 1-2;
No. 1 red tough 2.40 3-4; sample
grade red 2.30 1-2.
Corn: No. 1 yellow 2.20 3-4—2.21
1-2: No. 2, 2.20 1-2—2.21; No. 3,
2.19-2.20; No. 4 2.12 1-2-2.14 1-2; No.
5, 2.06—2.09; sample graue 1.80—
1.88 1-4.
Oats: No. 1 heavy mixed 1.10 1-2;
No. 1 mixed 1 03 3-4—1.08 1-4; No.
2 mixed 1.03 3-4; No. 1 extra
heavy white 1.17; No. 1 white,
1.10 1-4; No. 3 white 1.01 1-4—1.03;
smaple grade white 94 1-4.
Barley: choice malting 2.00—
2.25; malting 1.70-2.25; feed 1-60—
1.80.
Rye: No. 2 grades 2.25—2.60.
Soybeans: No. 2 yellow' 3.33.
NEW YORK PRODUCE
NEW YORK, July 22 — (U.R) —
Produce markets: Potatoes — (dol
lers per 100 lbs. unless otherwise
indicated.) Steady. California
Long Whites No. 1-A 4.25-5.00;
Long Island cobblers No. 1, 2.50
3.00; No. 1-B 1.25-.75; No. 1-50 lbs.
60c asked. New Jersey cobbler No.
1, 2.25-3.00; No. 1-B 1.50 asked;
Eastern Shore cobblers No. 1, 2.50
3.25; No. 1-B 1.00-75: pickouts 75
1.25; commercial 1.25.
Sweet potatoes — (bushels-bas
kets.) steady. New Jersey, Jersey
type, No. 1, 2.50-3.75; Jersey type.
No. 1 processed, 2.50-3.25; Jersey
type 1-2 bushel processed 1.75 ask
ed: Alabama triumph No. 1 new
3.00-50. Yams: (bushels-basketst —
North Carolina, Puerto Ricans, No.
1 3.50-4.00; Puerto Ricans, ordin
ary 2.50; Deleware, Golden No.
1 2.50 bid.
Live poultry unsettled; turkeys
hens 45-48; roosters, old 15-20:
rabbits all varieties 10-22; fowls
20-38; broilers 28-40; pigeons and
squads 60-75; pullets 39-48.
CHICAGO PRODUCE
CHICAGO, July 22 — (U.R) — Pro
duce: Poultry; 31 trucks; steady,
hens 27.
Cheese: twins 35-36 1-2; single
daises 38 1-2—39; Swiss 49-53.
Butter: 865.227 lbs; nervous;
93 score 67 1-2: 92 score 66 1-2; 90
score 63 3-4: 89 score 53 1-4. Car
lots: 90 score 64; 89 score 63 1-4.
Eggs* 18,271 cases; weak; ex
tras 1: unquoted; extras 2: 49;
3 and 4; 44-45; standards 1 and 2:
43 1-2; 3 and 4; 42; current re
ceipts: 39-40; dirties 36 1-2; checks
36,
N. C. - VA., HOG MARKETS
RALEIGH, July 22 —(TP)— (NC
DA)— Hog markets steady with
tops of 22.25 at Rocky Mount; 25.
00 at Greenville, Smithfield and
Richmond; and 25.50 at Fayette
ville and Clinton-Warsaw.
CHICAGO BUTTER
CHICAGO, July 22 —((P)—(US
DA) — Butter nervous; irregular
and unchanged; eggs weak; large
No. 1 and 2 extras 48-49; medium
extras 43.5-44; standards 43-43.5;
current receipts 39-40; dirties 36
36.5; checks 35-35.7.
--— ^1®
WASHINGTON POULTRY
WASHINGTON — U. S. Grade
A large 61; broilers, fryers and
roasters 32.
Calvert
DISTILLED LONDON DRY
Gin
Distilled from 100%
Grain Neutral Spirits
-90 Proof
$215 $|70
4/5 Quart Pint
CALvaay mstiums com., n.t. c I
Stock Market Quotations
By THE ASSOCIATED PRESS
Pre- Yes
vious terday
Close Close
Alleghany -- 3% ®%
A1 Chem and Dye -- 19014 191
Allis Chal Mfg. 38 38%
Am Can _ 92% 91%
Am Car Fdy- 4914 49%
Am Roll Mill_ 30% 31%
Am Smelt and Ref — 61% 6014
AT and T _ 156% 156%
Am Tob B- 76% 77
Anaconda - 37% 37
Arm 111 .. 14% i4%
ACL —.. 56 -
A T L Ref_ 38 37%
Aviat Corp- 6 5%
Baldwin - 13% 13%
B and O.. 13% 14
Barnsdall __ 28
Bendix Aviat - 3314 32%
Beth Stl _ 87% 88 %
Boeing Air pi - 16/4
Borden - 44 44%
Budd Mfg Co- H% 11/2
Burl Mills _ 19% 19%
Bur Add Mach- 13% 13%
Cannon Mills - 65 65%
Case J I_
Caterpil Trac_ 61% 61
Ches and O.-- 47 47%
Chrysler _ 60% 60%
Coca Cola —- 172%
Coml Credit - 44 43%
Coml Solv _ 25% 25%
Comwlth and Sou — 3% 3%
Consol Edis - 26% 26%
Cons Vultee —- 12% 12%
Cont Can- 38 37%
Corn Prod- 65% 65
Curt Wright -. 4% 4%
Curt Wright A - 14% 14%
Doug Aire - 38 56%
Dow Chem - 167 166
Du Pont —-.- 1" 190_
Eastman Kod 47% 47%
Firestone -■— 32%
Gen Elec -- 38% 38%
Gen Foods- 41% 42
Gen Mot __ 60% 60%
Goodrich - 35 55
Goodyear - 46% 46
Gt Nor Ry Pf.- 45% 46
Int Harv - 68 89%
Int T and T- 13% 13%
Johns Man- 43% 43%
Kennecott - 45% 47
Loews - 22% 23%
Lockheed - 13% 13 8
Lorillard - 20 197/s
Mont Ward - 63 63
Nash Kelv - 11% H%
Nat Bisc .— 29% 30%
Nat Cash Reg- 40% 40%
Nat Dist _ 21% 21%
N Y Cent _ 16% 16%
No Am Avia -.— 8 77/s
Nor Pac . — 20% 25
Packard - 3% 5%
Param Pic- 28% 2818
Penney J C -- 46% iiV
Penn R R - 21% 21%
Pepsi Cola_ 32 32U
Phill Pet __ 63 62%
Pitt S and B- _8% _8%
Pullman - 37 57
Pure Oil - 28 27%
Radio --- 9 9
Rad K O_ 13% 13
Rem Rand _ 34% 34
Repub Stl -- 27% 27%
Reynolds B -- 42 42%
Sears _ 40 40%
Socony -- H 11
Sou Pac -___ 44% 45%
Sou Ry --40 40%
Std Brands __ 30% 32%
STETSON
HATS
Gibson's Haberdashery
North Front Street
Std Oil N J -- '8 78%
Stew War - 16% 10'/8
Swift .. 33 /2 35 k
Tex Co _ 87 37
UnCao'i:_ 109% 108%
Un Airl . 24% 23%
Un Aire ....- 19% 19^8
Un Corp - 3% 3 ,4
Un Fruit - 56% 56%
Un Gas Imp- 22% 22%
U S Indus Chem- 48 47%
U S Rubber -- 49 48%
U S Smelt and Ref — 48% 48 U
U S Steel -.— 73% 74
Vanadium -17% 1772
Va Caro Chem- 7% 7%
Warner Pic - 16% 103,8
West Un A ..— 22% 22 vs
West El _ 29% 28%
Woolworth . 49% 49,8
CURB
Can Marc - 17,9
Cities Svc _38%
Colon Dvmt_ 3%
El Bond and Sh- 12%
STOCKS IN THE SPOTLIGHT
NEW YORK, July 22 — (JF)—
Sales, closing price and net change
of the fifteen most active stocks
today:
Gulf Mob and Oh 16,400 13% up 1.
Comwlth and Sou 13,700 3% no.
Air Robert 13,400 8% up %.
Chrysler 10,700 60%-%.
Mo-Kan-Tex 9,600 5%-%.
Ill Central 8,200 27 up %.
Phil and Rdg Coal and Ir 8,000
15% up %.
Car Wood Ind 7,300 4%-%.
North Pac 7,300 21% up %.
Repub Stl 7,100 27% no.
Balt and Ohio 6,900 14 up %.
Uniter Corp 6,800 3%-%.
Gen Motors 6,600 60% up %.
Canad Pac 6,300 13% up %.
Equit Off Bldg 6,300 4-%.
Farnsworth Tel and Rad 6,300
7% up %.
CHICAGO POTATOES
CHICAGO, July 22 — (TP) — (US
DA)— Potatoes: arrivals 125; on
track 330; total U. S. shipments
483; supplies moderate: demand
good; market firm to slightly
stronger; Colorado cobblers $3.25;
Idaho-Oregon Bliss Triumphs $3.
50, Long Whites $3.50-3.75; Texas
Bliss Triumphs $3.10-3.25; Wash
ington Long Whites $2.75-3.75 (all
U. S. No. 1 quality washed.)
LOCAL quotations''
Furnished by Alim ( .
i • ^ i n» .
a • .. BID , ‘ c«.
Aviation Shaies ,50e ,
ACL of Conn 4.00a * 92 • J
Boston Fund 2.16b .V 1
Carolina Insurance 1.40a «
DeVilbiss 1.00a 29 ■, *
McBee .40a ^ 1-2 %
Mass Inv Tr 1.86b H
National Transit .7ja 6 ;» it'-T'
Peo Savings B & Tr r, 15 >•! i«.
Red Rock Bot dnc c 85
Security Nat Bank''.80c“ "‘-I ;n,
Standard Stoker 3.00c ,2° . '
T W P Common 60a 21 t
Wil Sav & Tr 2.00c 8 g,.
a. Indicated annual a-. -
b. Income and Profits‘S
in past 12 month. lie|W< El,
c. Paid in 1946.
The above quotations ar,
are believed to be incuL' ' A
price at which the of
purchased or sold '•"*» mjv jj
BOND QUOTATIONS
AT and SF 4s 95
Can Pac 4s Perp
C and E I Inc 97
C GW 4s 88
CRI and P R 4s 34 . ^
Hud C os 62A .' vi
H and M 5s 57
Ills-Cent 43,is 66
Int G N 6S 52
N Y C R 5s 2013 ...
Nor and West 4s 96 ""
Nor Pac 4%s 2047
Penn RR 4’2s65
Sou Rv Gen 6s 56_ , 1
Sou Ry CN 5s 94 ' '
FOREIGN BONDS
Aust 3T4s 56 ...
— ■ --- 96’i
IT’S USEFUL^
6-Inch,
Sharp
garden
HOE
You'll Find II Here!
ANCHOR
HARDWARE COMPANY
Corner Front ami Dock
Dial 5043
HEARING AUTHORITY
WILL HOLD CLINIC HEBI
Thursday, July 24
HAVE YOUR HEARING
TESTED FREE
Walter T. Lee,- highly trained consultant will discuss your
hearing problems, give you a tree electronic hearing test and
show you the exact condition of your hearing, (iet the latest
information on what science is doing to help overcome deafness.
SEE THE NEW
One-Unit BELTONE Hearing Aid
CAPE FEAR HOTEL - Wilmington, N. C.
Hours 10 A. N. Til 6 P. N.
No appointment necessary. Come in any time.
JULY CLEARANCE SPECIALS
PINAFORES, MATERNITIES
WRAP - A - ROUNDS
^.49 Were 3.95
Colorful coitons and rayons in small and
medium florals, sizes 12 io 20.
WOMEN'S SUMMER
HATS
Open and closed crown in wide cartwheels,
medium and narrow brim styles, finish the
season in a fresh straw.
WOMEN'S PAJAMAS
J.19 1-99
Shorty, 2 piece style in striped chambray,
seersucker and rayon crepe, cool, com
fortable, sizes to 38.
Striped
BEDSPREADS
2.98
‘Scalloped, 82x105 summer spreads in
Rose, Blue and gold.
WOMEN'S BLOUSES
1 Values ...-2.53
.98 355
All while Doiled Swiss and Baiisle and
a few rayon crepes in colors, sizes broken
slightly soild.
SPORT
BEACH COATS
\°W Were ^
Striped and solid color terry cloth &
plain rayon flannel, sizes 12 to 18—HUnjh
Colorful
BEACH BAGS
|.«« w*«t#
Zipper and drawstring closures in hrigh“:
colored duck._ _,
MATTRESS COVERS
SPECIAL
^J.99 111
Full and Twin sizes of strong unt!^6
sheeting taped edges.

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