davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1946-11-21

LADIES PURE SILK 81
gauge hose now on sale at
w cb BIS Henderson Shoe
Store. Get yours today. l9-Iti
Henderson daily dispatch., 1946-11-21
9e7s - Lib DISPATCH classified ADDS FOR RESULTS
n '".'iice men have further commit
e''eo the harmony picture,
Fearsall Complication

c,,nJ ,iH nave further compli-
ea'eo the harmony picture.
Pearsall Complication
ON Pears":":, membcr of the ADJ
S'S budget Commission and stat
~ W oe speaker OF the House n,
Roi ph,esen,atiVeS. told II group M
S ,S Mount the other day the
. mas plenty of money Ia IL
'u''ce me entire program sponsored
ny me Good Health Assorjntiom
@i'iCHt sacrificing any essential
S S,a.e service. Charles M. Johnson,
.'.e treasurer and member OF tbn
o."'e Board of Education, is u,,uind
as saying al Dunn last Thursdov
,'Si' mat teachers ought To have -,
c,s' - per cent increase in
salary ana the State can well afford
-. ~ pay IL. II - known that al lc;.s,
uiec memoc:S-clcCt of the lcpi-
SlIture are preparing bills RAISING
Sli'ri'S above the 20 per cen, pro-
posed increase and making tho
raises retroactive To July lgIG
inns sir about gCing bcvond
'acitIy accepted appropriation in
treaSeS-Which. of course. never did
nave any official standing rs forn.,I
"Sr'clncn'-haS aroused inlcros, of
some oil the largest tax PAYERS.
mere Is growing evidcr Z that pres
sure may De brought for lowcrinp
sumo icNlrs. not So much because
me taN payers object 10 paving ON
c"Ftcht scale now. but because the.
are hedging against probable future
contingencies
inese several factors Justify the
preo!c,I"n. now being freely made,
'hat the next legislature will be :,
very interesting and uncertain one
instead 70! the pcr!unclurv enact
incnt q! revenue and augmentation
oii!S proposed by the bulge, com
mission. as has been The case dur-
ing recent sessions. there is more
ilMSilhood OF repeating the 1881
1888 and 1898 formulate of pro-
lnhged hearings. up and down ac-
i'"n. adding up 10 Il long as we'll as
notify fought legislative session
Henderson daily dispatch., 1946-11-21
Stocks Are Weaker
After Coal Srike

New York. Nov. 2l.- Up, -Th,
coal labor dispute continued to cas-,
SHADOWS Oh ioday'S stock market.
In the declining RANKS mos, of
tne Time were ChrySlcr. DuPCu,,
Eastman Kodak, U. S. Steel. U. S,
Rubber. Sear> Roeblr-ii, Douglas
Aircraft, North American. Anacon-
GA Southern Pacific and Chesapeake
K Ohio.
Reviving tendencies were exhibit
cd by American Telephone. Borup
and standard Oil Of New Jersey.
Henderson daily dispatch., 1946-11-21

Under and by virtue OF the terms
of the Will Of the Late John w.
ReaviS. which will is recorded in
the office of the Clerk Of the Super
Tor Court of Vance County. North
Carolina. III Book F N Page 478. the
undersigned Administrator &. r. a.
of the estate of the late John w.
Rcavis will offer for sale. and sell,
al the Courthouse door in Hender-
son. North Carolina at twelve
O'Clock midday on Monday. Dcccm-
Der 2. 1916 TO the highest bidder for
cash. the following described real
estate:
Begin in the Glcbc Road James
j. Sattcrwhitc corner 10 l-2 feet
from stone. thence along said Satter-
whites line n 86-l-2 w 9.92 chains
to stone at corner of garden. thence
85-l-2 w 300 chains TO Indian
Creek 5 feet cast of stone on west
bank. thence up the meandcrs of said
creek > , f $50 chs. s 20 w AIS
chs. S 50 f $50 chs. S 43 E ZIP chs.
TO >. ii. Satterwhite corner 80 feet
from pine. thence along said Sat-
terwhite'S linc( as agreed upon be-
tween said Reavis and Sattcrwhite
on April 9Th. l90D S 1874 L 1900
chains TO pine and stone stump S
48-l-2 f 6.85 chs TO stone corner
of the two different tracts of S. II.
Satterwhite'S still along said Satter-
whites line s 81 "a $500 chs. TO
stone, thence II w AS chs. TO
spring branch, thence up the mean
derS of said branch N IS Z 600 chs,
S 81 E 1900 chs. S 65 f 4.65 chs, S
"a 5.87 chs. n II f $50 chs. n 81
~ 6.I5 chs. N ia + 200 chs, N CO.
IL q 8.33 chs TO stake at head of
branch said Sattcrwhite and Thomas
D. Hcster's corner thence along said
Hcstcr's line 89-l-2 1850 chs to
Glcbc road near Hickory. thence
along said road N 6 w 1887 chs. N 3
SIS chs to the beginning contain
ing 28O-l-2 acres as per survey of
Geo. Houghtaling Surveyor April 8,
1901. For further description see
deed from r. w. Jones and wife to
John w. Rcavis recorded in Book
Q at Page 5l8 and being known as
the homcplacc Of the late J. W.
Reavis.
This the Both day of October. 1916.
C.T.A. Estate Of the late
John w. Reavis.
l.. o. Rcavis. Administrator
J: Fl. Zollicoffer, Attorney.
Nov. 7 IA 81
Henderson daily dispatch., 1946-11-21
Autos For Sole

FOR SALE 1894 MODEL. CHEVRO-
let coach IN good condition. Can
he seen AT Victory Inn on Raleigh
r"ad on call ITO. 1881
FoR SALE: 1899 BUICK SEDAN.
good clean car with new motor
and good tires. Horace Edwards,
phone SIS or TOD. 2l-lii
Henderson daily dispatch., 1946-11-21
MONEY GRAB
Continued from Page Ono,

Continued from Page Ono,
mate figure. The amount seemed ;,
Dc in line with what could reason,
ably be expected and for n rn,,
weeks IL looked like there would hc
easy sailing for the tentative r,ise
Then things began To- happen dis
cordant notes were sounded fIiv-
satisfaction grew. and ii looks no,y
ike any Solid front program has
Jeen completely shot. Vim ,hn
General Assembly about SIX Wool: :,
or. there IS no Semblancc ui inity
or coordination in the prospective
appropriations program. Some nr
the incidents responsible fc. IN.
present confusion are listed hero
without respect to chronolopic ordn,.
or influence upon the prccuncriyrd
harmony program. but COMBINING IN
destroy great deal OF the prel;n,;-
nary efforts toward unity and peace
iuI accomplishments.
Middle OH Teacher PAY
There was the Charlotte OH
servers editorial demand for -
teacher salary schedule BEGINNING
ut Sl.560 and ranging up to S3,GOu
IL MAS stated IL the time this schrd-
uie would amount tn approximately
40 per cent increase. bu, lotr,.
analysis indicates with the scale
q. experience IncrcmcntS i; VIII
more nearly approximate G8 nrr
cent This schedule was approved IN.
the South Piedmont regional n,.,-
ing of the NCrth Carolina Edu-
cation Association. despite pleas Of
leaders i'll the pa.cn, organization
mat such action Cuntravrucd IN,
tentative agreement 10 90 along fn,.
20 per cent raise. Other rcpion,I
meetings stood by the 20 p,r .cni
minimum raise. although there w,s
minority support for the higher
figure. Subsequently smaller pro,Ius
OF teachers meeting at Charlotte
and ut AShcvillc also insisted unn,1
adoption OF the Charlotte Schedule
There Is some doubt that the leach
or association Itself can maintain
any solid front in the General AS
ScmDly.
Good Health Confusion
Then there is the intensive and
extensive publicity campaign being
"ageo by the Good Health Asso-
cation III behalf Of Il State Program
including local hospitals and heaI,h
''iittFS' Hid 10 !ruIgcnt hospital
patients and Il :our-ycar medical
college with central teaching hospi-
tai AZ Chapel Hill. The campaign is
based upon the proposition tina, the
State cannot afford not Ia provide
these facilities. and that il has the
money for the purpose. Tea. ncrs
and other State workers counter
with the logical argument tina, i
the State has iha; much money !,
certainly can afford to pay them
more nearly adequate salaries. They
60 not question ability of the State
/" q" inc whole Job. but will resent
expanding services into new fields
until their own salaries have n,cr
ADJUSTED To meet increased living
costs. On top OF all this there are
almost as many separate schemes
ana plans as there are individuals in
me various groups. Individual pro-
Henderson daily dispatch., 1946-11-21
Farm Tenonts Wanted

TENANT WITH SUI
IIcicnt help to grow l3 acres to-
bacco and plenty corn. Tractor.
4 mules. oil curerS and other
farming implements. Phone 1921.
2l-3ti
Henderson daily dispatch., 1946-11-21
Wanted

WANTED TO BUY-OLD FIELD
goats. What price: how many
have YOU Otis G.. Falkner. route
:. Henderson. lS-6ti
Henderson daily dispatch., 1946-11-21
Apartments Wanted

8 OR 4-ROOM APT. WANTED
by permanent resident. No
pets. a. L. Brown, Dispatch
office. 26.tf
Henderson daily dispatch., 1946-11-21
Business Opportunities

MARRIED MEN OR WOMEN $50
90 per month. single S65.0O. plus
free flight training under G.. |.
Bill &. Rights. Now forming new
class. See O'Lary'S Flying Service
for full information. nl-9li
Henderson daily dispatch., 1946-11-21
Seeds-PIonts-Trees

FRUIT TREES. GRAPE VINES.
Strawberry Plants. Evcrgreens.
Flowcring Shr':bs. Shade and
Ornamental Trees. Let us plan
your planting. Continental Plant
Co. Kittrell. n. C., G. NJ. Hight.
phone il7-J. 9-2T1i
Henderson daily dispatch., 1946-11-21
Legal Notices
NOTICE

NOTICE
Having qualified as executors Of
the estate of =. F. Harris. deceased
before the Clerk of Superior Court
OF Vance County, this is to notify
all persons holding claims against
said estate to file the same duly
itemizcd and verified with the un-
derSigncd on or before the LIST. day
of November. l9i7. or this notice
Will be pleaded in bar thereof.
All persons indebted TO said estate
will please make immediate settle
mcnt.
This 30th of October. 1916.
r. f. HARRIS.
NJ. F. HARRIS.
2. s. HARRIS.
Executors.
D. P. McDuffee.
Attorney.
oct 3l-nov 7-l4-2l-28 dec )
Henderson daily dispatch., 1946-11-21
For Sale or Rent

WOULD YOU LIKE TO TAKE
over ncW grocery store III Il good
section Of Henderson a little in
vcStmcnt' II Interested call by this
week. 205 Perry ST. Telephone
lll2-W. 1851
Henderson daily dispatch., 1946-11-21

ONE GOOD FARM MULE. ONE J.
horse wagon and harness for sale.
Almost new. Charlie Harris. Rob-
erSon Street, North Henderson.
2l-3tl
Henderson daily dispatch., 1946-11-21
Forms For Rent

ARM FOR RENT: 1 OR MORE
acres tobar % allotment. plenty
land for other crops. near city on
hard surface road. electricity.
Write "Fmm-A g.. care Dispatch.
20-4ti
Henderson daily dispatch., 1946-11-21

FOR SALE: BLACK MARE MULE
y years old. weight 1850 lbs. Sec
+. NJ. AySCuc > miles south Of
EPSON. route /. Henderson. n. C..
2n-2ti
Henderson daily dispatch., 1946-11-21

BRING YOUR COWS. PIGS. VEALS
and homegrown produce 10 l.angs-
tons. We pay good prices for all.
LangSton'S. phone 1924. Corner
Chestnut street and Cooper Ave
nue.. l7-If
Henderson daily dispatch., 1946-11-21

FOR THE FINEST IN TOMB
stones and Markers. w. w. Lang
ston, Cooper Avenue, phones 773
and 1924. ar
Henderson daily dispatch., 1946-11-21
Lost And Found

LOST SATURDAY IN ROSES -
lO-25c store mans billfold con-
tanning three $4,000 bills. drivers
license and car registration card
Reward To finder. Il. o. Perkiu-
son. route |. Henderson. phone
ioo-". l3-1ti
Henderson daily dispatch., 1946-11-21

olRAIED OR STOLEN. BLACK
ana white spotted male pointer
puppy. three ard half months old.
Please notify Henry Daniel at
Daniel Barber shop. North Hen
dcrSOn. ,o-2t;
Henderson daily dispatch., 1946-11-21

EARLY JERSEY WAKEFIELD
cabbage plans $500 per thousand
Also b Il k cmorc strawberry
plants. w. A. Parduc. route | .
Henderson. \. {. i9-iti
Henderson daily dispatch., 1946-11-21

DRY OR GREEN SLABS FOX
sale. Delivered long or cut stove
length. Also hard cord wood. Y.
II. Marrow. Townsville, n. c.
24-27ti
Henderson daily dispatch., 1946-11-21

IF YOU WANT TOP MONEY FOR
your surplus cows. vcals. and
hogs. see us first. Call lis and we
VIII come 10 see them. s. ".
Rcnn'S Grocery. phone 572. 3O-tf
Henderson daily dispatch., 1946-11-21
Iivestock-PouItry

LIVESTOCK and POULTRY
FOR SALE: REGISTERED GUERN-
Scy ball ~ months old. gentle
and we'll broke To Il line. Rober,
l.. Ri3gan, route !. Kittrell, n. G..
l0-S,i
Henderson daily dispatch., 1946-11-21
For Sale

ELECTRIC HEATERS. ELECTRIC
heating pads, hot plates, toasters,
iron cords. drop cords. electric
WIRE, ien-e controllers. insulators.
dry cell batteries, hot shot bat
terieS. Watkins Hardware Co.
lS-iti
Henderson daily dispatch., 1946-11-21

ROLL PAPER TOWELS. PAPER
iowel racks, toilet tissue. bath tue
mats, Eatn tub soap dishes that
hans ON tubs. towel bars, tumbler
ana tooth brush holders. See us
Tor your bathroom accessories.
watkins Hardware Co. l8-4,i
Henderson daily dispatch., 1946-11-21

WE DELIVER CHICKS AT THE
fircstonc Store each Monday. We
ais" snip by mail or you can &C,
Them al the Henderson Hatchery.
Oxford road, any day in the week.
Call 1914. ll-DTti
Henderson daily dispatch., 1946-11-21

ONE RACK LADIES' COATS RE-
duccd. Last seasons stock. Now
81 To $40. Were much higher.
Williams Style Shoppc. Garnet
o'rcct. 1874
Henderson daily dispatch., 1946-11-21
NOTICE

oct 3l-nov T-l4-2l-28 dec )
Evening star., 1946-12-15
MergenfhaIer Profit
or Sharply Despite
Biq Tax Credit
By Edword c. Stone

Mergenthaler Linotype Co. yes
terday reported for the fiscal year
: ending September 80 a net income
of s4143o3 or $1.76 a share after
using tax credits Of $2,15O, 900. This
compared with net income Of
S1,442,923 or $6.l2 a share a year
ago, according to the Associated
Press.
Before applying the tax carry
back credit, the company said its
losses for the year after charges was
sl,735, ,697, compared with a net in
come Of $1.442,s23 in the preceding
year.
A note attached to the financial
statement said that the. checks for
fictitious purchases obtained by a
former employe recently arrested
amounted to sec, 0,188 prior to Septem-
Der 80, 1915; s663.295 during the
fiscal year ended September 80, 1916,
and $81 ,450 in October, of this year.
The company said the 1868 ,295
applicable to the latest fiscal year
was being carried in suspense
account pending final determination
Of the amount recoverable.
Two Directors Named.
j. Edward HeberIe, vice president
and controller of the Capital Tran-
sit Co.. and j. Wesley Clampitt, jr.,
vice president of the Union Trust
Co., have been elected directors of
Thomas j. Fisher & Co., real estate
firm. it was announced yesterday.
The new board members will fill
vacancies caused by the departure
from Washington of Ord Preston
who is now residing in California,
and by the death of George E.
Fleming. Both were directors for
many years.
Holiday Sales Set Record.
The Richmond Reserve Banks
latest report indicates that Christ
mas sales in Washington are head
ing for new all time high records.
Evening star., 1946-12-15
THE SUNDAY STAR, Washington, D. c.
SUNDAY, DECEMBER U.s. lS46.
New November Record SET
By Newsprinf Production
BY the Associoted Press

NEW YORK, Dec. 14.-North
American Newsprint production in
November was higher than that Of
any preceding November, the News
Print Service Bureau announced.
Stocks at mills at the end of the
month ware nearly 10000 tons
under those on October 81, but
10000 tons higher than at the end
of November, 1915.
Total output in November was
ass, 1892 tons compared with 391 1888
a year ago, the bureau reported,
with shipments of 488,745 tons
against 387,625 tons in the like
month year ago.
Stocks at the end of November
totaled 174,762 tons compared with
203,575 tons a month earlier and
1874 ,022 tons a year earlier,
Evening star., 1946-12-15
Tobacco Markets

LOUISVILLE. KY. Dec. II ds.-prices
were the best this season and volume
was up 377.503 pounds from the previous
yesterday.
The State Department Of Asriculture
reported 10,769, ,6ST pounds wer auetioneCi
at ~ OF Kentucky's "a markets yesterday
ior 4,5bS, ,090 ~. an average Of S4232
Inc previous high statewide average was
81 80 on December IL
No sale was held at the Mayfield market
yesterday; and no report was available
from Paducah. the State Department OF
Agriculture said.
Lexinstons big market sold 2.42S,124
pounds Yesterday for 81 100 ,564 ,93. an
average of $45.33. This represented o
gain Of S1,19 over the average there
Top. average yesterday was SAC. so at
covinston Where IsS'aas pound. we're rs
auctioned for s5s. .636 o.
The United States Department Of Agri-
culture reported gross sales in the eight
state nn,r.s hurley ,ebaseo ss belt Thursday
averaged S41.35 q hundredweight.
climed to ia. .632,3s5 pounds in the
entire belt at an average OF $40.87.
Tennessee sold 1888. .424 pounds Thurs
day at an average of S41 .6S, bringing its
volume for the season TO 1886, 434 pounds
at an average of S40.87. the department
Evening star., 1946-12-15
Chicuqo Livestock

CHICAGO. Dec. IA tpl UNITED States
pepartment ann a, OF Aerieulture1 1-salable hogs,
inally steady compared week ago all
weights and sows, 50-75 lower.
not rTen s1O week ago fed seea
and yearlings, unevenly steady to 100
lower: good and choice steers showed de-
fully steady all week. but increasingly mar
80; 90, especially 81 90 upward, top $3.50
steers and ,heifers comprised shortfeds
e9 and soGd edSm beers
bulk medium and good heifers. Is, s,0O-25. 90;
fairly active all week; bulls, draggy: veal
vealers, strong to 90 higher at 23.oo down,
! 5 .00-21 90: Gamer and cutter cows. ESQ
go: strictly good cows to 1900; bulk
Ss Sef down and nd beef ssyy bus e
II 90. mostly 1850 down, bulk sausage
bulls with weight selling, at L. 50-15. so:
AND half-fat feeders to 1919.
not given; compared week ago, receipts
were liberal and slaughter lambs declined
DOLLS on the initial session of the
due to light receipts and improved shipping
outlet leaves values so lower on lambs:
slaghter ewes. dun throughout and fully
rs lower: good and choice native and fed
Western wooled lambs, %. 00-23 so, latter
price weeks top paid at close by shippers
for around 1,s00 head; medium to good
wooled lambs, 1S,50-22.25; most common.
a 00-16.00; double mostly choice 105-
shorn pelts, 22. s5: other good to choice
fed shorn with No. l pelts. 21 .50-22 35;
yearlings. 1900: package. early to 1900;
load just-eood, late 1850: good to choice-
slaughter ewes, mostly 1907 so; late top.
medium to good 8 00-7 90: load s5-pound
black faced warmed-up wooled lambs for
TT-pound Montana range feeders, 1900:
deck medium and good T0-pound South
Evening star., 1946-12-15

Department store sales for the weel
ending Saturday, December Z, were
! 13 per cent ahead of the CORES.
ponding week last year.
Cumulative sales for the foul
weeks ending December Z were II
per cent above last year. Sales
here were 45 per cent above the pre-
ceding week this year but this COM
parison is with the week that in
cluded the Thanksgiving holiday
Sales in the whole Fifth District
were up 10 per cent for the week
and II per cent higher in the four
weeks, the report said.
Mortgage Financing Scars.
October was the first billion dol
lar month" on record for real estate
financing activity in the nation, the
Federal Home Loan Bank heads
reported yesterday Non farm
mortgages of $4,000 or more totaled
81 ,0O7 900 600, a gain of 8 per cent
from September and 80 per cent
above October 1945.
The volume of such mortgages
has exceeded 5000, 900, 900 in each
month since April. The January-to
October figure exceeded So, TOO ,000,-
900 and the total for all 1916 is ex-
pected to reach $10,500,000, 900
about 80 per cent more than in
1945. Building and Loan associa-
tions and the banks have reported
the largest percentage loan in
creaseS.
Cost Accountants To Meet.
Earl Bunting, president of the
O'Sullivan Rubber Corp, and newly
elected president of the National
Association of Manufacturers, will
speak at the 14th birthday dinner
of Washington Chapter, National
Association of Cost Accountants
Wednesday at the Hamilton Hotel
at $50. He will discuss Scheduling
For Profit"
The speaker is founder of Earl
Bunting & Co., industrial engineers,
of Washington. The Chapter is
coupling the anniversary celebration
with its annual Ladies Night party,
R. H. Crowell presiding.
The monthly dinner meeting OF
District of Columbia Control, Con-
trollers Institute of America, will be
held at the Carlton Hotel, tomorrow
evening at $50, the program to be
devoted to Round Table" dis
cussion of current business problems
confronting management.
Rutledge Tops D. C. Agents.
The Washington Office OF the
Lincoln National Life Insurance Co.
has been informed that Allan Rut-
ledge, ir.. sold S1,O55 900 of life in
Evening star., 1946-12-15
deaths Reported

Matte OBrien. "a. Blue Plains, D. c.
Samuel Reichard, 70, Cheverly, Nd
Adele Davis. ~, 1880 Rhode Island ave-.
ne,
Preston L. Davis, 6s. 1882 Euclid st.
Mary A. OBrien, j6, 1000 Mass. ave o.
Hikolo Sesm, IS, 626 10th st. sw
James A Higginson, SO, South Brooklyn.
Virginia " Donaldson 50. 400 F st. s.v.
Henry a. Hopes. 81. Harrisburg, Pa.
Agnes M. Tanning, so, 64S F st sw
Rebeeca F. Reynolds, 25, Alexandra. Va,
Jackie L: Naman, 10, 602 18th st. ne.
infant Phillips. 3 10th st. Sc.
George Thomas, 7S years, 1929 9th at,
Agnes Arts, n. 424s M st
Louis A. Bervine. "A. Home for AGED.
Andrew Jackson, 81, 534S Grant st. ne.
Dorothy Jackson. SO. Arlington, Va.
John B. Adams. 80. 1920 Seaton ST.
| Rubin r. Smith, so. l4I0 Euclid st.
Frank Butler, 40. 5430 Conn. ave.
Evening star., 1946-12-15
Bond Market Steady,
"A. !. & /. Debeniures
Attract Attention
sy III. A..eeie..d Pres.

NEW YORK, Dec. 1.-THE bond
market finished the week today on
steady price footing, with small
gains and losses evenly divided in
the rail, industrial and utility
groups.
American Telephone new ~ per
cent debentures once again pro-
vided much of the action. The
issue advanced to 1167s at one time
during the day, highest price since
first traded on when-issued basis,
but later fell back and closed at
116 for a net gain of ".
United States Governments i'm
proved bit in the -the-counter
market with the Victory Loan De-
cember 21as of '67-'72 up 1882 at
102 22/32 bid.
During the week rail issues fol-
lowing the forward sprint on last
Saturday and Monday on news Of
the boost in freight rates. consoli-
dated their gains.
The rail group, on the average,
slipped a trifle on Tuesday and
Thursday but held unchanged on
Wednesday, Friday and Saturday.
Industrials and utilities charted an
uneyentful course.
Phone Rights Popular.
A. T. 81 T. 2s4s held the limelight
throughout the week. Heavy trad
ing developed as the December 16
deadline for exercise of subscription
rights drew near.
Unofficial comment heard In Wall
Street was to the effect that stock
holders would exercise their rights
to buy all, or all but q small por-
ton, of the huge $343 ,087 TOO issue,
the largest deal Of this type In A.
nancial history.
Rights to purchase the debentures
sold in the exchange at 2 11/16.
Telephone stockholders have been
offered the debentures on the basis
Of $l00 principal amount for each
six shares of capital stock held.
Investors, still looking hopefully
for the flood of new securities FORE
cast earlier in the year, were en-
couraged by the favorable reception
given several substantial blocks of
stocks and bonds.
Among the larger issues were $685.
100000 of 1st mortgage bonds OF
Kansas City Power e. Light Co.,
due In 1916 and bearing a az per
cent coupon. The bonds were mar
keted at 101.43. Preferred stock of
the same company, totaling 100 900
shares with $50 per cent coupon,
was sold at $102.70 q share. Quick
investor response was reported.
Westinghouse Issue Sold.
A group of 131 underwriters sold
to the public a new issue of $780,
100000 Of Westinghouse Electric
Corp. $50 per cent perferred at
$l00.50 q share. The issue was
oversubscribed few hours after the
books were opened.
Indicative of the upward trend
in the interest rates, in the opinion
of many financial observers, was the
decision Of the syndicate marketing
$50, ,000, 900 Of Philadelphia Electric
Co. New $3.50 preferred to cut the
selling price from 104.l1 to l02.70 q
share.
United States Governments dur
ing the week added further to the
preceding weeks gains. The Victory
Loan 219S closed 1892 OF a point
over a week ago.
Sales Tor the week stepped up to
$36,58l 500 from $2s, ,3l0,25o in the
previous week.
Evening star., 1946-12-15
New York Cotton

! NEW YORK. Dec. 14-lP.-Cotton fu-
lures were strong today with prices adj
vancing nearly 81 a bale. Heavy trading
demand uncovered a. scarcity Of offerings.
Textile mills bought contracts, presum-
ably covering future textile sales. Some
Of the buying was said to be price fixing
for foreign accounts.
also was = disposition to refrain from sell
ing in view of the tight statistical cotton
supply picture.
| Futures Closed S305 to $500 bale
higher than the previous close.