The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990, December 04, 1947, Image 12

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The Wilmington morning star. [volume], December 04, 1947, Page 12, Image 12
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990

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The Wilmington morning star. [volume] (Wilmington, N.C.), 04 Dec. 1947. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn78002169/1947-12-04/ed-1/seq-12/>

Newspaper Page Text

Market Suffers Reverses
With Losses To 2 Points
All Sections Of List
Participate In Sharp
Retreat
markets at a glance
NEW YORK, Dec. 3—UP)—
Stocks—Lower; Leaders in slow
decline.
Bonds—Eaiser; Rails in supply.
Cotton—Irregular; Commission
house selling; Mills co\ering.
CHICAGO
Wheat—Steady; Mill buying
causes late upturn.
Corn — Firm; Good demand
cash grain.
Oats—Firm; Reported govern
ment will buy rolled oats.
Hogs—Steady to mostly 25 cents
lower; Top $26.25.
Cattle—Unevenly strong to 50
cents lower; Top S36.50.
NEW YORK, Dec. 3. — MP) —
The stock market suffered one
of its sharpest reverses of the
past month 'today with many
leaders losing one to two points.
AJ) sections of the list partici
pated in the market. A number
of early favorites failed to hold,
and slow downward drift ensu-.
ed, picking up enough speed in
the final minutes to leave a
large selecti in of pivotal issues
at their lows for the day
The Associated Press 60-Stock
Composite dipped .5 of a point to
63.8. equalling its low since Sept.
26. Of 1,043 stocks registering
in the broadest market since
Nov. 5, there were 618 losers
and 188 on the upside.
. Commission houses said doubts
over Congress’ anti-inflation
moves and foreign developments
continued to unsettle customers
sentiment. Such news as the
railroads’ petition for further
freight rate increases and the
CIO intention to seek “third
round’’ wage boosts had been
widel" anticipated. 'Much divi
dends news Ega n yes ignored.
Contributing to irregularity was
continuation er ‘p- 1 na and
switching.
Mission Corn and Pacific
Western 0.1 s’.: dded swiftly aft
er news that a Nevada federal
judge had enjoined further moves
by mission in the proposed
merger of that company and
Pacific Western into Sunray Oil.
Pacific Western closed at 44.
down 9 1-2. while Mission at 44
1-2 was off 3 1-2. Skellv Oil
whose president sought the in
iuetion. "'a- down 1 7-8 at 94
1-8
I ' r'iji j-o-r Newspaper Service
A HOUSEHOLD FAVORITE
DOUBLE
FILTERED
rwin«*M*uTt-w«inj |
CHICAGO GRAIN
CHICAGO, Dec. 3 —VP)—Buy
ing of feed grains, particularly
corn halted a downturn in grain
prices on the Board of Trade to
day. Prices moved above yester
day's close, although wheat tend
ed'to lag behind other cereals
Wheat closed %-l% higher,
December S3.09%-%. corn w as 2
to 2% higher, December S2.58 %
*2, oats were 1 %-2*4 higher, De
cember SI.25 %-%, and soybeans
were 4 cents lower, March S3.o6.
Onen High Low Close
WHEAT—
Dec 3.06% 3.10 3.053i 3.09%
May 2.96 2.99*2 2.94*4 2.99*2
Jly 2.60 2.65 2.59 2.64%
Sep 2.55 2.57% 2.52*4 2.57%
CORN—
Dec 2.56 2.59*2 2.55 2.58%
Mav 2.50*4 2.54% 2.49*4 2.53%
Jly 2.40 2.44*4 2.39*4 2.43%
Sep 2.23*2 2.32*4 2.23 2.31%
OATS—
Dec 1.23*2 1.25% 1.22% 1.25%
Mav 1.15*4 1.17*4 1.14% 1.17*4
Jly" .99% 1.02% .99% 1.02%
Sep .90% .93 .90% .93
SOYBEANS—
Mar 3.37% 3.87% 3.82 3.86
May 3.86*4 3.86*4 3.79 3.83
Jly 3.30 3.82 3.78 3.82
LARD—
Dec --- 28.30
Jan 27.65 27.95 27.65 27.95
Mar 27.70 27.75 27.55 27.55
Mav 27.82 27.82 27.60 27.67
Ju’v 27.75 27.80 27.67 27.70
RICHMOND LIVESTOCK
RICHMOND. Va., Dec., 3—(&
(USDA)—Livestock: Hogs—Wed
nesday’s market steady 'em all
••’eights; top S25.00 for good and
( mice 180-240 lb barrows and filts
o0-100 lbs $17.00; 100-120 lbs S18
.00; 120-140 lbs $22.00; 140-160
lbs $23.00; 160-180 lbs $24.50;
300 lbs S24.00: 300 lbs and up
S22.50; good sows under 350 lbs
$22.00; 350-500 lbs $19.50; over
500 lbs $16.00; good stags under
350 lbs $15.00.
Cattle — Market about steady
with yesterday; cows fairly ac
tive and fully steady; canners and
cutters $9.00-11.00. medium dairy
type SI 1.00-13.00: good beef coys
$14.50-16.00; good heavy stusage
bulls $14.00-16.00; good beef type
up to $17.00; lightweights $11.00
14.00; vealers active and fully
'teady. practical top $28.00, choic
1 gher; heavy calves about steady,
coed to choice $18.00-20.00, med
ium $16.00-17.00. common down
to .$14.00.
N. C. VA., HOG MARKETS
RALEIGH, Dec. 3—UP)—(NC
DA)—Hog markets about steady
|with tops of 24.50 at Rocky
Mount, Greenville, C.linton-War
saw - Lumberton - Chadbourn.
Srnithfield. Mount Olive; 24.75 a1
Fayetteville and 25.00 at Rich
mond.
CHRISTMAS SPECIAL! SRfi.OO
Porcelain f hrome Breakfast Sets -
PEOPLES FURNITURE CO.
257 No. Front St.Dial 6592
Here’s what you get
1 COOL
I. REFRESHMENT
2 TWO
• FULL GLASSES
3 BEST BY
. TASTE-TEST *
RC
Cola
/
✓
/
Cola
Y
Cola
Z
*RC wins F> out of (] group taste-Lenta fr<)ni count to count/
Voted best tasting by more than 1.70 Hollywood nt/irn
W* challenge you to find another cola that given an
much in quality and quantity an RC! Royal Crown
Cola not only comes in a big bottle—but it’n the only
cola that s best by taste-test. That’s why it grow 00
times in just 6 years! Try cool, refreshing RC today.
Get 6 bottles or a case.
"RC’S best by taste-test!"
says DIANA LYNN
one of tix tlon In
Producing ArlitU’
"DANGEROUS ILLUSION"
Right, Diana Lynn! What's marc.
R C wins C) out of G group taste
teste from roast to roast!
i
TWO rULL F&,
GLASSES D
Royal Crown Bottling Co.,
Wilmington, N. C, Dial 7HHK
Six
Allow
ABBIE an’ SLATS
SETTING THE STAGE FOR
REAL THING
By Raeburn Van Buren
fwE'RE SHOOTING AN >
fexTRA SCENE TONIGHT,
'CHARLIE. REPORT BACK ,
^TO THE SET AT NINE/
YEPJJ
I'LL WAIT AT MY >
HOUSE FOR YOU,
CHARLIE.I'LL FlY
A LATE SNAO<^/
[/IT'S ALL SET.' I'VE A >
REAL pREA<OHCR COMING
UP FROM EAST TULLTOWN.'
the onlv one present
WHO WON'T REALIZE, UNTIL
ITS TOO LATE, THAT THIS/
MARRIAGE IS U66AU
ANP 0INPIN6 - WILL >
0E THE r- —-A
oroom/A^^^^. ^
Trn. Itf u. S. Off-—Ail >»?>»♦« r*»TT+d|
Stock Market Quotations
Pre- Yes
vious terday j
Close Close
Alleghany .. 3% 3Vs
A1 Chem & Dye . 193 196
Allis Chal Mfg . 37% 37%
Am Can . 80% 81
Am Car Fdy.. 40% 40%
Am Roll Mill . 34% 34-:s
Am Smelt & Ref. 69% 55
„ m s. nr . 152% 152%
£*obV—. 87, 67
Au'Ref'::::::::—33% 33%
Aviat Corp .. 5
Baldwin. 15% 15%
R x, o . 11% %
Barnsdall . 32% 32%
Eendix Avait . 31% 30 4
Beth Steel . 99% -o s
Boeing Airpl . 22% 21%
Borden . 43% 43 4
Budd Mfg Co . IOV2 10%
Burl Mills . 20 19 8
Bur Add Mach. 14% 14%
Cannon Mills . 3 1 %
Case J I . 44% 44
Caterpil Trac . 56% 55
Ches & O . 43% 43%
Chrysler . 61% CO 4
Coca Cola . 182% 182%
ComlCred. 42% 42%
ComlSolv.. 23^ 22%
Com with & Sou . 2°4 2^8
Consol Edis. 21% 21%
Cons Vultee . 13 12%
Cont Can . j
Corn Prod . 67% 66%
Curt Wright . 5 5
Curt Wright A. 20Vs 20%
Doug Aire . 49% 48%
Dow Chem . 39Vi 39
Du Pont . 186 185%
Eastman Kod . 45% 44%
Firestone . 50% 50 Vi
Gen Elec . 35% 34%
Gen Foods. 35% 35%
( en Mot . 58 57%
Goodrich . 60 59%
Goodyear . 43 43%
Gt Nor Ry Pf . 37% 36%
jlnt Harv . 88% 88%
lint T & T . 12% 11%
Johns Man .— 42% 41
Kennecott . 46% 44%
Loews . 19% 19%
Lofkheed . 12% 12%
Lorillard . 18% 18%
Mont Ward . 53% 52%
I Nash Kelv. 16% 16%
Nat Bis . 32% 32%
N Cash Reg . 40 39
Nat Dist . 20% 20%
NY Cent . 12% 12%
No Am Avia . 87s 8%
Nor Pac . 19% 18%
Packard . 47s 4%
{Parana Pic . 21% 21 Vi
Penney J C . 44 % 44%
! Penn RR . 16 15%
'Pepsi Cola . 24 23
Phill Pet . 55% 55
Pitt S & B . 9% 9%
Pullman . 94 53 /s
Pure OH . g f
Radio . 10 , 1"
Rad K O . J0% 10
5epubRStt n 26% 26%
"B.= S5 J!%
Socony.~.
Sou Pac . 43 8 ^“7/8
Std Brands . 2t>
Std Oil NJ . 75% 26%
Stevens J P . 34 '4 3*7/4
Stewart War . 14% 44%
Swift . 34'« 3434
Un Carbide . 1°4% 1°1^8
Unit Airlines . 1744 16,8
United Aircraft . 23% 23
Unit Corp . 2% 2 /2
Unit Fruit . 95^ 55
Unit Gas Imp . 20%
US Ind Chem . 39% 39%
US Rubber . 43% 43
US Smelt & Ref . 44 43
U S Steel . 75% 75%
Vanadium . 15 ^ 15
Vick Chem . 27%
Va Caro Chem. 9% 9
Warner Pic . 13% 13
West Un ... 20Vs 20%
West El . 28% 23 Vs
Woohvorth . 45 15%
CURB
Can Marconi . 1% 1%
Cities Service . 36% 36%
Colon Dvmt . 3%
El Bond & Sh . 11% 10%
LOCAL QUOTATIONS:
Furnished by Allen C. Ewing Sr Co.
Aviation Shares .50c 4 90 5.32
ACL of Conn. 4.00a 49 51 3-4
Boston Fund 2.16b 19.43 21.01
Caro Ins 1.40a 26 23
Chase Nat Bank 160a 34 36
McBee -40a 6 5-8 7 3-8
Mass Inv Trust 1.89b 24.90 26-92
Nat Tran Co 4 1-8 4 3-8
Nat Tran Pump & Mch Co 6 1-2 7 1-4
Peo Sav Bank & Tr 3.00c 80
Red Rock Bott .Inc., Ga.) 5 6
Sec Nat Bank .80c 27 -
Stan Stoker 3.00c 22 24
T W P Common 60a 7 1-4 8
Wil Sav & Trust 2.00c 49 -—
a_Indicated annual dividend rate.
b—Income and profits dividends paic
in the past 12 months.
c—Paid in 1946. .
The above quotations arc nominal ani
are believed to be indications of th
price at which the securities may b
purchased or sold.
FINAL BOND QUOTATIONS
AT & SF 4S 96 113%
ACL 4 %S 64 100
B & O 4 X 75 A 83 %
Can Pac 4S Perp 92 Vz
CB & Q 4 M’S 77 112 %
C & El Inc 97 33
CGW 4S 83 78 V2
CRI & P R 4S 34 54 V*
Hud C 5S 62A 86 V*
H & M 5S 57 59 Vi
Ills—Cent 4 %S 66 75
L & N 3 %S 2003 98 Vz
MK & T AJ 5S 67 47 %
NYC R 5S 2013 73 %
Penn RR G 4 %S 65 99 Vi
Sou Ry Gen 6S 56 106 %
Sou Ry Cn 5S 94 113 %
West Md 4S 52 98 3i
FOREIGN BONDS
Aust 5S 55 102 Vi
Aust 3 MiS 56 89 %
Poland 8S 50 12
NEW YORK PRODUCE
NEW YORK, Dec. 3—<U.R)—Pro
duce markets: Potatoes—(dollars
per 100 lbs. unless otherwise in
dicated.) Very steady. Maines
Katahdins No. 1—50 lbs. L70-.7o,
Green Mountains No. 1 3.25 bid,
Green Mountains, 50 lbs. bags
1 65- 75; Long Island Green Moun
tains No. 1 3.25-.60; 10 lb. bags
39c; Green Mountains, No. 1 a
1.65-2.00; Green Mountains, No
1-50 lbs. 1.70-.75; Katahdins No.
1 3.40; Idaho Russets, No. 1 5.50
65; Idaho Bakers, No. l-A-50 lbs.
washed 2.65-.85; Connecticut
Green Mountains, No. 1 50 lbs. 1
.70; Idaho Russets, 10 lb. bags
59-62; Nebraska Red Bliss, 50 lbs.
No. l'-A 3.00-.10.
Sweet Potatoes—(Bushels-bas
kets) stcadv. New Jersey, Gold
en No. 1 2.50-3.50; Jersey type,
processed 2.50-3.25; Jersey type,
No. 1 2.00-3.00; Jersey type, med.
75-1.00; Delaware Golden No. 1
3.00; med. 1.50; Jumbo 1.25;
Maryland Golden Wax No. 1
2.00-3.00; choice .50-1.00; Jumbo
125; Va Golden No. 1 .75-1.00;
Pink Hearts No. 12.50-3.50;
Yams: (Bushels-baskets) North
Carolina, Puerto Ricans, No. 1
2 50-3 50; No. 2 1.15-.50; Jumbo
1.20-.50; poor LOO; South Caro
lina,Puerto Ricans, No. 1 2.75
3.50; Louisana, Puerto Ricans No.
1 box 3.00; Maryland No. 1 2.25-.50
Medium 1.25; Jumbo, 1.00; Va.
Puerto Rican med. 1.00; Dela
ware Puerto Rican No. 1 and
Jumbo 1.50-3.00.
Live poultry: Quieter. Geese 40
45; turkeys hens 45; roostere, old
20-25; rabbits all grades 20-32;
fowls 26-38; chickens 38-41; broil
ers 35-43; pigeons 30-60; pullets
38-47.
CHICAGO PRODUCE
CHICAGO. Dec. 3—<U.R>—Pro
duce: Poultry: 26 trucks; steady;
heavy ducks 27.
Cheese: Twins 43-43-%; single
Daisies 45-45-%; Swiss 70-73.
Butter: 373,724 lbs; steady 93
score 85; 92 score 85; 90 score 80;
89 score 73-V4. Carlots: 90 score
80; 89 score 73-V4.
Eggs: 9,040 cases; steady Extras
1, 61-63; Extras 2, 57-61; 3 and 4,
53-55; Standards 1 and 2, 53; 3
and 4, 50-52; current receipts 48
52; dirties 38-%; checks 37-%.
NAVAL STORES
SAVANNAH, Ga, Dec. 3—W
_Turpentine 64%; Offerings; 120;
Sales none; Receipts, 96, Ship-1
ments, 161; Stocks, 9,764.
Rosin: Offerings, 600; Sales 100;
Receipts, 80; Shipments, none;
Stocks, 10,313.
Quote: Unchanged.
CHICAGO POTATOES
CHICAGO, Dec. 3—W—Pota
toes: Total U. S. shipments 582;
Arrivals 69; On track 276; Sup
plies moderate; Demand slow;
Market weaker; Idaho Russet
Burbanks $4.60; Montana Russet
Burbanks $4.75.
CHICAGO BUTTER
CHICAGOO, Dec. 3. — (/P) —
(USDA)-Butter steady to firm:
prices unchanged to a cent a
pound higher: AA 93 score 86.5;
A 92—85.5; B 90—80.5; C 89—
73.5. Eggs steady: prices un
changed except mediums a' cent
a dozen higher: medium No. 1
extras 54—55; No. 2—53-53.5.
RALEIGH POULTRY
RALEIGH, Dec. 3—(JP)—(NC
DA)—Raleigh egg and poultry
markets steady; U. S. Grade AA
large 66; fryers and broilers 31.
Dial 2-3311 For Newspaper Service
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These simulated Diamond Rings represent the
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EFIRDS DEPT. STORE
Wilmington, N. C.
'SPECIAL I
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180—Legal
COMMISSIONER’S SALE OF REAL
ESTATE
Under and by virtue of the pown «r,d
authority duly given by a Judgment of
the Superior Court of New Hanover
County in that proceeding therein pend
ing entitled “City of Wilmington, North
Carolina, New Hanover County and C
R. Morse, City-Countv Tax Collector
vs Marion T. Mason and A’lfe, Mamie
Mason, Herbert Mason and wife. Ethel
Mason, James Mason (unmarried)', Sal'lie
Mason Kennedy (unmarried'. Doner
Mason ar.d wife. Mabel Mason i*ole
heirs at law of L J. Mason and Vic
toria V Mason),” the undersigned Com
missioner will on Monday, December 13,
1947, at 12 o’clock noon at the Court
house door of New Hanover County, offer
for sale and sell at public sale to the last
and hignest bidder for cash subiect to
confirmation by the Court, the follow
ing described property lying ar.d being in
the City of Wilmington, N. C :
BEGINNING at a point in Block 196
of the City of Wilmington, N C which
eaid point is located 94 fee: north from
the Northern line, of Chestnut Street
and 198 feet West from the Western line
of Ninth Street; and running thence
. Westwardiy parallel with Chestnut
j Street 35 feet: thence Northwardly paral
; lei with Ninth Street 63 feet more or less
I to a point in the Southern line of Mc
i Cumber’*; Aliev; thence Noithen-tward
, ly along said line of said Alley <3 feet
I ruore or less to a point in sa.d Alley
180—Legal
way; which -
from the Western . ‘•’*1
ther.ce Southward , ..... aln Sw
Street 71 tee; more - . \
ning, the same ben * .... 1 "'-e be*,
in Block 198 accord “r '» 1
of the City 0f w. : * 0«tcUl »u,
Tne success! bic v.m
to deposit If, of his bid :,WH
missioner. ' c.^.
Da'ed and p ....
November. 1917. " Ml
CLAYTOX c i.--.
__.. S ' ^
ADMIVISTR 4TI\ NO[]< ,
ITOR. 0 l»tr.
Having qua'.fied ... ■
the Estate of T raw.
of New Banovs ' • ?
lina. this is • - '■ r,
•of ela ms aga . "
said deceased to < ■<
*ned ■ ’ ' '
Wilmington. N
fore the 4th da;
or this notice .• i \ ',;'otr. ••.„
of recovery ' ' .
All persons - lebte.
Will please lid
This the 3rd das ■ D,‘? t*-'*
hazel Z SKI • i*j
Administratrix r- ■
H. Skipper a'" M TW,
MKTS “
■ASTOUNDING OFFER! i
Saturday
10 A. M. To 6 P. M.
Valuable Certificate
This certificate and only 99c entitles
bearer to one of our famous Ball Point
Pens. Designed to sell for S5.50, Mass
Production, Economy and tremendous
sales volume permit us to offer these
pens during this special advertising
sale at this amazing low price. Be sure
to get yours during sale.
Bring This Ad.
— • _
NONE SOLD
WITHOUT IT!
99c
Instantly writes on any paper,
cloth and other surfaces. Makes
6 to 8 carbon copies. Gives up to
3 years use without refilling.
First time offered at this amaz
ingly low price. Gives smooth,
dependable performance. Recom
mended highly for business and
professional people, teachers,
students and pen artists. It’s
truly a masterpiece.
Ink
Dries
as it
Writes
No
Blotters
Needed
Limit !
to a
Customer
EFIRD S DEPT. STORE
Wilmington, N. C.
MAIL
ORDER
lie EXTRA
Ideal For Christmas Gilts!1
WILSON’S APPLIANCE SALES AND SERVICE
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WILSON’S iW .Vi'si iNV .
“We Sell The Best — And Service The Rest!9*
123 Grace Street Dial * ”

The Wilmington morning star. [volume], December 04, 1947, Page 12, Image 12
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990

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The Wilmington morning star. [volume], December 04, 1947, Page 12, Image 12
About The Wilmington morning star. [volume] (Wilmington, N.C.) 1909-1990