davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1942-07-07
NY STOCK MARKET
RUNS 0PTOMISTIC
Wall Streeters Return From
Holiday In Bright
er Mood

NEW YORK, July 6-tP- The
stock market made it's three ad-
vancing sessions in row today
49, most Wall Streeters returned
from their lengthy weekend in a
moderately optimistic mood.
ndustrials held the play after
early rising rails met a litt e
nrofit selling opposition. Gain S,
ranging from fractions to nj ore
than 2 points at the best, were
reduced in many cases at the close
although favorites finished well in
front.
Buying. as in last weeks bulge,
was attributed mainly to seasonal
investment influences which, for
the past half-century, have enabled
the market in the majority of Julys
% exceed top levels of June.
Bolstering Bullish ideas ais O
were the sinkings of Japanese de.
stroyers by u. S. submarine in
the Aleutians and the better brand
of news from the fighting in Egypt.
Cloudy war bulletins from Russia
were a partial offset.
The Associated Press average OF
90 stocks. aided by bread swings
in few blue chips on retricted
volume, was up 5 of a point at
36.3. best days rise since June 8.
Dealings were relatively fast in
the first and final hours and trans.
fers totalled 420,21O shares com
pared with 356,5 last Friday. Ac.
tivity was the most pronounced
since June S.
Allied Chemical was up 3 3-4
points on four sales. American
telephone advanced 7-8. Du Pont
2 3-4 and Douglas Aircraft 2. Santa
Fe touched new peak since 1888
but fell back and ended up IA.
Prominent gamers included Beth
lehem Steel U. S. Steel, Great
Northern, Sears Roebuck. Westing.
house. Johns-Me nville, U. S. Rub
ber preferred (at a new 1912 high
Anaconda, Montgomery Ward
Woolworth, United Aircraft, Glenr
Martin, Eastman Kodak and In
ternational Harvester.
Lower were General M o or S,
Chrysler, Yellow Truck, Southern
Railway, Oliver Farm and Amer.
lean Can.
Mead Johnson was up points
in the curb. Lesser Improvement
was retained by Pepperell. Amer
lean Cyanamid and Royal Type
writer. United Cigar-Whelan w S
the iveliest with a plus mark of
3-16 Turnover here amounted to
TO,205 shares versus 52,465 in the
previous full session.
Commodities suffered from the
adminitraticn Wrangle over parity
for the sale of government held
farm products. At Chicago wheat
dropped l 1-8 to l l-2 cents
bushel, and corn was down IA to
IL Hogs jumped 10 to IS cents
to 16-year highs. Cotton lost 70
cents to Sll5 bale. Bonds of
rails and industrials tilted forward.
The Wilmington morning star., 1942-07-07
FOREIGN EXCHANGE

NEW YORK. July 6-GP-Closing
foreign exchange rates folio W
Great Britain in dollars, others
in cents):
Canada: Official Canadian con-
troll board rates for U. S. dollars:
buying 10 per cent premium, sell
ing II per cent premium, equiva-
lent to discounts On Canadian dol
lars in New York Of buying 9.91
per cent, selling 900 per cent.
Canadian dollars in New York
open market 10 1-16 per cent dis
count or 0083.34 U. S. cents.
Europe: Great Britain official,
bankers foreign exchange COM
Imittee rates) buying $4.02, selling
$4.04 open market; cables $4.04.
Latin America: Argentina Off
cial 29.77; Free 1888; Brazil Of
ficia1 6.O5n; Free 5.20n; Mexico
20.6
Rates in spot cables unless 9TH
erwise indicated.
n-Nominal.
The Wilmington morning star., 1942-07-07
0DT Tells Transit Groups
TO Giue Accounting Soon

WASHINGTON, July 6-(R-The
Office of Defense Transportation
today called on 1,100 transit COM
panies throughout the country to
give an accounting of steps taken
by them to carry out ODTs pro-
gram for the conservation of street
cars and buses, and the results
obtained.
Letters requesting the prepara-
lion cf detailed statements wer e
sent not only to the bus and street
car companies but to all state and
local regulatory bodies. The re-
ports should be in Washington not
later than July "a.
The companies were asked to
describe all steps take to save
equipment, especially ru b b r
tired Miwqles, to improve the ef-
1lclency Operations, to restore
Old vehicles to service, and to re-
arrange interiors to increase pas
Schger capacity.
The Wilmington morning star., 1942-07-07
CASH GRAIN

y CHICAGO, July CLIP Wheat
No. 2 hard 1.15.
Corn No. l mixed SO; sample
mixed "a; No. l yellow 86 1-4-87
3.s; No. 2, 1886 IA; No. 3, 1855
o,4' No. 4, "a 1-4-85 IL; sample
g s,soe yellow 80-81 IL; No. white
\, oats No. l mixed At 3-4-48 IA;
Nv w. Z, 48 IL; No. 3, 47-47 IA;
w., -nG: T. 1916 "a; sample gr a d e
white As 1-2.
4oi barley mailing 1896 nominal;
-eeu and screenings 5O-61 nominal.
~ 7noyneans No. l yellow LIS IA.
30 ~; No. 2, It's 1-4-3-4; No. 3,
10y l-4-.72 2.
The Wilmington morning star., 1942-07-07
BY DAVID J. WTLKIE
Wide World Automotiye Editor

DETROIT, July 7-Sales of new
passenger automobiles narrow
down more tightly as a limited
supply dwindles Used cars at
tract less than average interest
Talk is heard of further restric.
tions on fuel and a more dubious
outlook for the requirements for
at least another two years.
The future of the automobile re.
taller, trying to stay in business
through the war becomes increas.
ingly uncertain. ..
Those are a few of the things
worrying the motorcar industry
currently engaged in the greatest
industrial war effort of all time
and trying at the same time to
visualize its position in the i'm.
mediate postwar period.
Dealer mortality to date has
been less severe than most of the
car manufacturers expected, but it
will increase as the war is pro-
longed. M o of the industry S
heads believe the vital part of the
merchandising division can be
maintained into 1943.
Participation in the war produc.
ton program by the car retailers
frequently has been suggested in
trade quarters during the last few
months. To date, however, there
has been no large scale CONVEX
sion in that respect, although in
widely scattered areas some deal
ers with the right type Of equip
ment on hand or obtainable have
found a place in the war produc-
ton program.
Perhaps one of the most COM
prehensive appraisals of the po-
tentialities of dealer participation
in the production program has
just been compiled under the di-
rection of Kenneth B. Elliott, vice
president of Studebaker Corpora
ton. Elliott makes no attempt to
influence dealers for or against
participation in the manufa curing
program.
Rather, he attempts in a 64-
page booklet for dealers, to pre-
sent a summary of information
they would need if they were con-
sidering or seeking the manufac-
ture of war materials.
Types of work dealers could do,
the equipment they would need,
where they might obtain su C h
equipment and how to proceed in
the effort to obtain contracts are
outlined in the booklet.
"Since the manufacture of war
materials is a business quite off
erent from a dealers normal ac-
tivity," Elliott cautions, 'it is very
important that careful judgment
be used in making decisions. The
decision as to whether or not
dealer should engage in war pro-
duction activity is one which the
dealer himself must make"
Indicative perhaps not only Of
thinking in his own recently. Or
ganized Studebaker dealer war
production division, but throughout
the industry, Elliott says:
''It should be carefully o t e d
that as the war itself develops
and the war production program
progresses, conditions can and will
change from month to month, week
to week and even from day to day.
From now on, changed material
requirements, changes in the time
factor, modification of plans and
policies, all will affect both the
opportunities and needs for dealer
participation in war production"
The Wilmington morning star., 1942-07-07
Judge Signs Order For Pay
On Six Months Interest On
Wisconsin Railroad Bonds

MINNEAPOLIS, July G. Up -
Federal District Judge Gunnar H.
Nordbye today had signed an order
for payment of six months interest
on Wisconsin Central railroad first
general mortgage bonds maturing
in 1949.
The order providing for payment
July Is of the interest coupon
which matured July l, 1884, desig-
mates the Agency Bank Of Mon
treal, New York City, as paying
agent. This is the fourth interest
payment to be made since the road
went into receiYership.
The Wilmington morning star., 1942-07-07
SNAPPY REPARTEE

A newly enlisted soldier the 9TH
er day stepped into the office of
his company commander at Camp
Wolters, Texas. Standing before the
captains desk, he snapped smart
ly to attention, saluted and stood
silent. The captain, hoping to re-
fresh the mans memory on mill
tary courtesy, asked: "What do
you say?' This phrase must have
been part of the vernacular to the
rookie. mot much" he answered,
"Whadda you say?"
The people of the Falkland Is
lands are almost exclusively of
pure British descent.
The Wilmington morning star., 1942-07-07
CHICAGO BUTER-EGGS

CHICAGO, July g. Up -tU. S.
Dept. AgrD-Butter easy; SO score
81 IL; 90, 36 IL; 81, 36 IA; 80, IS
3-4; SO, "a 3-4; 88, 80 IL; centraliz-
ed carlots 80, SO IA; 80, IS IA;
SO, "a.
Eggs, easy; fresh graded extra
first less than carlots 80; cars 80
10; first less than carlot 81 Ia;
car 80; current receipts 30; dirties
20; checks % IL; storage packed
firsts SO. 3
The Wilmington morning star., 1942-07-07
WHEAT TUMBLES
2 CENTS BUSHEL
Drops Back To Lows Estab'
Iished Late Last Month;
Very Low Level
BY THE ASSOCIATED PRESS

CHICAGO, July 6-(P)-Whea'
prices tumbled more than tW1
cents bushel today back to the
lows established late last month,
which represented the loves.
level reached since before Pearl
Harbor.
Short covering and buying at
tributed to mills rallied wheat d
cent from the days lows but clos
ing prices were 11s-112 cents
lower than Friday, July $1.16A
September S1.18as- Is. Corn closed
A-R lower, July 86-86s, Septem.
Der 88347s; oats 1a-3s down; rye
M off; soybeans 1A-134 lower.
were down more than
2 cents at one time with wheat.
Open High Low Close
The Wilmington morning star., 1942-07-07
N. O. MIDDTING

rba mIW ORLEANS, July G. R-
l6 average price of middling IS.
jsnah lneh cotton today at ten des.
"a 1'eu n southern spot markets was
po,p5 plla's lower at 1870 cents a
marra u' average for the past 30
ipch Ass days 1904; middling 7-8
The Wilmington morning star., 1942-07-07

heifers Is lower; instances so off
on strictly choice kinds; practical
top 1880; cows weak to Is lower;
cutters 8.75 down; few fat cows
over 1880; bulls and vealers steady
with weighty sausage bulls to
1900 and vealer 1900 down.
The Wilmington morning star., 1942-07-07
STOCKS IN THE SPOTLIGHT

u
Closing price and net change OF
the Is most active stocks today
Ny Central 15,300-9; no.
Sou Pac 13, ooO-12M; up ".
Erie R R CT 8,90O-6; up II.
Gen Motors 8,700-27%-h.
Canad Pac 7,300-4A; up "A.
Gen Elec 6,800-26A; up A.
Anaconda 6,000-261s; up IS.
U S Steel 5,900-475s; up ".
Comwlth and Sou 5,700-3-16-1-32.
Pan Am Airways ,700-171s; up
VI.
Stand Oil N j 5,400-36; up ".
North Pac ,300-5B; up A.
Atchison T and S + 5,200-39% !;
up ". IS
Boeing Arp 5,1 l0-17; up n.
Kennecott 4,900-30A; up ".
The Wilmington morning star., 1942-07-07
N. O, SPOT COTTON

NEW ORLEANS, July g. Up =
Spot cotton closed quiet II points
lower. Sales 1888, low middling 1912
middling 1912; good middling 1887
receipts none, stock '14,805.
The Wilmington morning star., 1942-07-07
N. Y. COTTONsEED OIL

NEW YORK, July g. Up --
|B1eachable cottonseed oil futures
closed nomina1ly 9-20 lower. No
sales.
The Wilmington morning star., 1942-07-07
n. O. COTTONSEED on

NEW ORLEANS, July G. Up -
Cotton seed oil closed s t e d ".
Bleachable prime summer yellow
unquoted. Prime crude 12.5Ob. Jly
The Wilmington morning star., 1942-07-07
N. O. COTTON FUTURES

NEW ORLEANS, July g. R -
Cotton futures declined here today
under long realizing and uncertain
ties over farm legislation. The
market closed steady 16 points net
The Wilmington morning star., 1942-07-07
TREND or STAPLE PRICES:

TREND or STAPLE PRICES:
NEW YORK, July 6-The Asso-
ciated Press weighted wholesale
price index IF 35 commodities to-
day declined to $500.
Previous day 98.37, week ago
97.85, month ago 97.43, year ago
1912 1941 1910 1933-39
High --- 99.72 95.12 1925 98.1 IA
Low ---- 1854 77.03 $3.50 41.44
1925 average equals 1000.
The Wilmington morning star., 1942-07-07
CHARLOTTE SPOT COTTON

CHARLOTTE, N. c., July 6IlR
Spot cotton 1870.
The Wilmington morning star., 1942-07-07
New Auto Sales Narrow Down
AS Limited Supply Dwindles

L sob; Sep 13.47b; Oct 1851; Dec
13.30b.
b-Bid.
Evening star., 1942-02-28
New Cruiser San Juan
Commissioned at Boston
By the Associated Press,

BY the Associated Press.
BOSTON, Feb. 28.-Months ahead
of schedule, the new $4,000, ,ooe
light cruiser San Juan, one of the
fastest and most heavily armed
ships of its type ever launched, wai
commissioned today at the Boston
naval drydock.
r. C. Grady, captain of the Bos.
ton Navy Yard, read the commits
sioning orders and then turned the
vessel over to Capt. James c. Ma.
her, a native of Utica. N. Y. whe
will serve as her commanding ON.
Ger. Capt. Maher, an Annapolis
graduate in 1915 and a World Wal
veteran who has seen service on all
types of naval craft. recently
served two years in the office of the
Secretary of the Navy. Conadr
william w. Juvenal, q native oi
New Rochelle, N. Y, was named
executive officer.
The cruiser, launched last Sep
tember and sponsored by Mrs. Mar.
garta Coll de Santori, daughter oi
the president Of the Board Of Com.
missioners Of San Juan, was the
first United States naval craft
named for the Puerto Rican cap
ital
Evening star., 1942-02-28
Allies Turn Back Japanese Fleet
In First Java Invasion Attempt;
British 'Chutists Strike at France
American Bombers
Strike First Blow
At Japanese Convoy
BY Radio to The Star and Chicago
nailv NsUS

BY Radio to The Star and Chicago
Daily News.
AM RICAN AIRBAS
SOMEWHERE IN JAVA, Feb.
28.-The first Allied blow
against a Jap convoy speeding
for the invasion of Java was
struck by giant American
bombers from this base. Your
correspondent was on hand to
see the big machines leave
shortly after dawn Friday
morning.
Although all-night recon-
naissance over the spot had
been impeded by a cloud blan-
ket and other poor weather
conditions, 1t. Kenneth D.
Casper led the formation over
the great fan of invasion ships.
Loosing bombs at $4,000 feet
the aim was still obscured by
broken clouds. On his return
1t. Casper described the anti
aircraft fire as intense and
continuous"
One hit was observed on what
was apparently transport.
Two other Jap ships were seen
to break from the convoy and
proceed to the rescue.
The American bombers re-
gained this field and were i'm
mediately refueled and re-
bombed for another raid.
(Copyright. 1912. BY Chicago Daily
News, Inc
Evening star., 1942-02-28

ter and missus, think the Japanese
were just preparing for charades?
Most inland cities don't want the
Japs either. There was loud pro-
test when Orange County discovered
some Japanese negotiating for use
OF a thousand acres. Several towns
have protested new foods Of coast
Japanese, moving inland. It's pretty
obvious that Washington will have
to set up concentration camps in
the long run. For Heavens sakes,
what are we waiting for? asks Cali
1rnia.
What about the night Los Angeles
5000, 900 people shivered in the early
morning watching "ack-ack" guns
peper the sky with noise and flying
shrapnele That's the real headache
on the West Coast.
There are plenty OF pertinent
questions asked about that.
First. say mister and missus. we've
heard the alert was sounded several
minutes before the planes-if there
were planes-arrived overhead. II
that's 50, where were the American
Evening star., 1942-02-28
By SIGRID ARNE,
Wide World News Service.

LOS ANGELES, Feb. 2S.-This
States mister and missus don't mind
having their backyards turned into
a new front line, if that's to be. But
they're plenty sick and tired of the
little man who wasn't there"
quality to their daily drama.
They're not frightened. But they
are Hi Q ated. And it's Washington
that's taking the behind-the- doors
drubbing.
Here are the big beefs:
What are we waiting for about
the Japanese? Let's move them all
alien and native born-inland.
It's obvious the Army is doing it by
slow stages. Why not right away?
It seems silly out here for q con-
gressional committee to be running
up and down the coast asking ques-
tions when the r. B. I. raids have
told this story: Guns, short wave
radios. fioodlights found in Japanese
shacks. Does washington, ask mis-
Evening star., 1942-02-28
Price Ceilings Ordered on 10
Canned Fruits, IS Vegetables
Temporary 60-Doy Order Issued
In Effort to Curb Profiteering

asparagus, all dry beans. lima beans,
snap beans, beets, carrots, corn
peas, pumpkins, sauerkraut, spinach,
sweet potatoes, tomatoes, tomato
catsup and tomato juice.
Mr.. Henderson reported that av-
erage prices of canned fruits and
vegetables at the Gamers level had
increased about 20 per cent since
last August while retail prices had
advanced about 10 per cent in the
same period.
In addition to price increases, he
explained, consumer boarding and
over-buying by wholesalers and re-
tailers had produced an unhealthy
condition which the price action will
do much to alleviate"
Up to Retailer.
I'm the absence of direct price
control at the retail level" Mr.
Henderson cautioned. "the response.
bility for keeping retail prices at 6
reasonable level rests squarely or
the shoulders of the retailer. Should
Evening star., 1942-02-28
Ecuodor-Peru Treaty
Praised by Welles
BY the Associated Press.

BY the Associated Press.
Acting Secretary of State Sumner
Welles in a statement today said the
ratification by the Congresses of
Ecuador and Peru of the agreement
ending their ancient boundary dis
pute was further proof Of the abil-
ity and determination of the Amer
lean republics to settle all disputes
between them by pacific methods. u
The Acting Secretary said the
final solution OF the controversary
was "a matter of the deepest salts
faction to the Government of the
United States"
Evening star., 1942-02-28
By the Associated Press.

BY the Associated Press
Price Administrator Henderson
placed 10 canned fruits and IS
canned vegetables under emer-
gency price ceilings today to
halt price increases which he
said would lead to profiteering
and probably "accentuate hys-
terra"
The temporary 60-day ceiling, ef-
fective Monday, will freeze prices of
the products at highest levels pre-
vailing between February % and
February 81.
Only Gamers and wholesalers are
affected, but Mr.. Henderson de.
clared that retail prices also would
be frozen if necessary.
Commodities Affected.
Canned fruits covered by the or
der are apples, applesauce. april
cots, cherries, fruit cocktail, fruit
salad, peaches, pears, pineapples
and plums.
Canned vegetables involved are
Evening star., 1942-02-28
Slows Down
On bataan Peninsula;
u, ). Holds Gains
Minor Skirmishes by
Patrols Feature Bottle
For Lost Two Doys
By NELSON M. SHEPARD.

Gen. Douglas MacArthur's
forces are holding tenaciously to
advanced positions taken during
two days Of hard fighting on the
Bataan front, War Department
communique reported today.
1t was disclosed that fighting still
continues. although it is reduced to
relatively minor patrol skirmishes.
The Japanese were holding their
main battle positions, the morning
communique explained, but these
positions have been forced back
from one to five miles along the
entire front.
Gen. MacArthur's forward posi-
tions now extend from slightly
north of Apucay on Manila Bay
across the Bataan Peninsula to a
point on the China Sea midway be-
tween Bagac and Moron.
Intrenched in Mountains.
This line. strongly intrenched in
mountain passes and jungles, repre-
sents dismal showing for the huge
japanese forces, whose own offensive
was completely stalled as long ago as
February 3. A War Department
spokesman said Abucay is about or
S miles north of the key highway
junction at Pillar and about 20 miles
from the tip Of the Bataan PENN
sula, opposite the fortress island of
Corregidor.
During six weeks of intensive
fighting Gen. Masaharu Homma, the
Japanese commander, had forced
the defenders back to a line that
extended roughly across Bataan
from Pillar to the China Sea. Since
then they not only failed to make
any additional headway, but in the
last two days of the American
Filipino offensive the Japanese forces
have been pushed back steadily.
For more than a week the Japa-
(See PHILIPPINES, Page A-4)
Evening star., 1942-02-28
CoIifornions Grow impatient as Washington
Keeps Them in Dark About Dangers of War

interceptor planes9 Certainly not in
the sky.
All right, all right. Suppose our
planes stayed on the ground so the
ack-ack guns could fire? What did
the guns bring down? Not a cock
eyed thing: except their own flying
shrapnel, which did plenty OF dam
age. That is, If there were planes.
Stimson and Knox.
That's where the little man who
wasn't there" begins to rear his
ugly head.
Then Secretaries Stimson and
Knox really dragged the little man
out for full dress parade. Mr.. Knox
said, mo planes were over the city"
Mr.. Stimson said, There were Is
planes"
So what are mister and missus to
believe? They're divided. Some think
Col. Knox was right, and the anti
aircraft firing was just a shake
down cruise. Some swear they saw
the planes, and believe that Col
Stimson was right, and they want
(see CALIFORNIA. Page A-3D
Evening star., 1942-02-28
Armada Believed Reforming
For New Onslaught After
Night-Long Battle
y tAs Associated Press.


BANDOENC, Java, Feb 28-Warships of the United
Nations flung back today attempt by huge fleet Of
japanese warshps and transports to storm the Soerabaa
naval base and invade Java but tonight the armada
believed reforming somewhere in the Java Sea for second
onslaught
Battered and scrambled in a night-long battle, the
Japanese warships and their train of many transports
retreated northward and at $50 pm e am, w. T)
the quasocial Aneta News Agency said w be stated
with absolute certainty there has been landing
japanese troops anywhere Java"
Action at still being joined late this afternoon
but informed United Nations here said the bulk
OF the invasion fleet apparently in the process Of
recognizing for renewed attempt to land troops probably
in the vicinity of the naval base
Air Raid Alarms a Soerabaja
The approach of the Japanese force preceded
Soerabaa but each approaching
driven of fire before
could be dropped
Dutch several Ships in the
the invaders strongly protected
convoy scattered the Allied
dispatch described the battle the biggest naval
engagement of the war in the Pacific so far
Unspecifed losses on both sides were acknowledged.
Imperial headquarters at Toxic claimed the sinking OF
at the time reporting pursuit Of the enemy The
nouncement mention Japanese losses.
(Domei agency declared Japanese bombers put
the Exeter class ou of action OF Batavia
scoring hits the ship The agency said large fire
broke out)
Evening star., 1942-02-28
Nozis Say Porochutists
Withdrew in Two Hours

BERLIN, From German Broad
casts, Feb. % (P.-The German
high command reported today that
British parachute troops overcame
weak coastal defenses on the north
west coast of France last night and
said they Withdrew by sea two
hours later "nnder pressure of Ger
man counter er-measures."
The daily high command COM
munique said of the raid:
"A number of British parachutists
landed on the north French coast
last night.
After raiding a weak coastal de-
fense position they withdrew two
hours later by sea under pressure of
German counter-measures."