davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1947-02-04
"oilcE OF AVAILABILITY SURPLUS
co .E.NMENT REAL PROPERTY

Inc War Assets Administration hereby
~ notice that it now has available
ir n'sposai, under the Surplus Property
sst VI 1914 and War Assets AID ninistra-
sn regulation 5, the following real
slul ~ which has been declared sur
PrS by the Government:
INSCRIPTION OF PROPERTY. An
~ OF approximately 10 acres, lying on
Is vest sid of the Bluethenthal Army
M ID, Wilmington, N. c., generally
.Ounaed as follows: Beginning at a
n! lou feet south from the point where
|ss M NV corner of tract 22 meets. the
In corner of tract IS and the SW corner
uaet ~, and where the outside
h,sa aaafV line of the entire property
Ina south rs degrees 10 minutes west,
Il runs south approximately 45o feet
"e ~" side of road J; thence along
\. western boundary of road ] to the
H. ;.toh OF road F IT'S feet south of
tr,cL 4se,sectlon of the railroad spur
ao,s ana road j; thence westerly along
,rtr. 10 the western boundary of the
S,d property; thence n%ortheasterly
n n.aS'efiy following the boundary line
tyin. ehtlre property to the point of
yc.,..aans' including the buildings but
spuns the railroad spur track there
inns ard conditions of sale and all
HsronoraS information concerning the
Sriori.,9s and the method of exercising
Rvsil.hgs and submitting offers will be
H. on and after January %, 1947
81 ".s office. Office hours are from
}rid.U a''h' 10 5 pm, Monday through
NJ SioRlT1Es: Acquisition of this prop.
De- in subject to the following priori-
!. me order indicated:
ppsehcles of the Federal Government.
Ar reconstruction Finance Corporation
J. stssslie to small business.
wsa and local governments.
pp,oeUnn.profit institutions.
iohlTY PERIODS: The time for
n lang nag priorities shall be a period of
N w. days beginning January %,
bns n aaq ending February 7, 1s47. Per-
ftersI having a priority may also make
Aqnufing this period.
ASSETS ADMINISTRATION
AL PROPERTY DISPOSAL,
Il 81 South Tryon Street,
~ charlotte, North Carolina.
The Wilmington morning star., 1947-02-04
TRUMAN SIGNS BILL
IMPOSING QUOTA ON
COTTON MPORTS

wAsH1NGTON, Feb. y up =
t;dent Truman today signed a
PleIoroation imposing a quota on
pl~,.,norts Of short harsh or rough
cotton.
.,,slIy applies to harsh or rough
co., ~. of one inch in length.
'-7 Tbe White House action amends
aroclamation of Sept. 5, 1899,
a.Ijtino the quantities of certain
lA l4ton and cotton waste whica
c.;abt be imported but exempting
, ssTsh or rough cotton.
rodav's order grew out of hear
last fall by the United States
Tariff Commission to determine
lsa+ber the short harsh or rough
satton importations threatened to
s .i,ro the domestic producer.
NV M The basis of the commission S
Lamentations the President
proclaimed;
oTbat the total quantity of harsh
ro1qh cotton having a staple
VI less than 3-4th of one inch in
.a+h which might be entered or
si45drawn from warehouse for con
%mntion. in the year commencing
sant 20 1916, and in any sub
.oarent year commencing Sept. 70,
sssI1 NOT exceed 70 million pounds"
aa11 Enr NeWspaper Service
The Wilmington morning star., 1947-02-04
COTTON
E YORK COTTON

NEW YORK, Feb. 3-(P)-Cotton
futures turned reactionary today.
following early gains of about 81 so
a bale on heavy commission house
and New Orleans selling, which
came into the market. Final prices
were $1.65 to $2.85 a bale lower
than the previous close.
Traders ascribed the break to
profit taking following steady ad-
vances last week of more than SO
a bale in the nearby deliveries.
Mills bought contracts aggressive
ly in early trading.
The primary SPOT cotton mar
kets were quiet but firm. The
tight situation developing in cotton
supplies and firm prices in the
cotton textile market influenced
some. buying.
The Wilmington morning star., 1947-02-04
ADMINISTRATORS NOTICE
TO CREDITORS

Having qualified as Administrator of
he Estate of Lewis William Coleman, late
y New Hanover County, North Carolina.
mis- 10 to notify all persons having claims
against the estate of the said deceased TO
exhibit them to the undersigned at 202l
Sreecy Avenue, Wilmington, North Caro-
ma, on or before the 14th day of jan
vary, la4s, or this notice will be pleaded
n bar Of recovery.
All persons indebted to said estate will
phase make immediate payment.
lhls the l4th day of January, 1947.
ROBERT F. COLEMAN, SR.,
Administrator of the Estate of
LEWIS WILLIAM COLEMAN,
Deceased.
The Wilmington morning star., 1947-02-04
TREND OF STAPLE PRICES

NEW YORK, Feb. 3-The AS
ISOLATED Press weighted wholesale
price index of IS commodities to-
day advanced to 1924.
Previous day 65.73, week ago,
1854. 40, month ago 1870, year ago
1888.
1946-47 1915 1914 194S
High 170.57 1921 108.73 107.54
Low 1902 1879 1O6.03 1.03.43
Q926 average equals 1000.
The Wilmington morning star., 1947-02-04
CHICAGO

CHICAGO, Feb. g. () Butter
firm: AA SO score $685.; A 90 ST.
5-68; B 80 67-67-5. Eggs firm; large
No. l and 2 e t a s 39-.4N.5
medium extras $685.; standards
current receipts 1886; dir
ties 1884: checks 1898.
The Wilmington morning star., 1947-02-04
Omen High Low Last
NEW E M1DDLING

NEW ORLEANS, Feb. 3-(R-
The average price of middling Is.
16ths-inch cotton today at ten desig-
mated Southern spot markets was
$1.90 a bale lower today at 81 80
cents a pound; average for the
past 80 market days 31.90; middl-
ing %7-8ths-inch, average $3.50.
The Wilmington morning star., 1947-02-04

NEW YORK, Feb. 3 up -
Buying of rails, particularly N.
T.. Central, kept stocks generally
on the recovery path in today's
market although profit taking re-
suited from the recent bulge put
many leaders III the minus ranks.
CARRIERS monopolized the ticker
tape in the forenoon with gains
running to a point or more. A few
blue ship industries added 3 or
better. Dealings slowed after mid
day and extreme advances were
reduced in the majority Of cases
at the close. Transfers of 1850, 900
shares compared with 1910, 900 FRI
day.
The Associated Press 60-stock
composite was up a of a point
at 68, a peak since Aug. 80, just
prior to the big break of Sept. 3
Of 1,023 issues registering, 488 rose
and 322 fell.
Among thin" stocks, Allied
Chemical gained 8 1-2' at 1870 and
Eastman Kodak 8 at 20S. U. 5.
Gypsum was up 2 1-8 at 1O2, Inter.
national Harvester 2 at II IL. N.
Y. Central (again the days most
active mover) l at 81 "a, Atlantic
Coast Line l 1-8 at 81 ID, Norfolk
& Western l at 233, Du Pont l at
100 and Johns Manville l at l34.
Lesser plus signs were retained
by Santa Fe, Southern Pacific,
Baltimore Ohio, Allegheny Corp.
(second liveliest performer), Can
adian Pacific, U. S. Steel, Bethle-
hem, Chrysler, General Motors,
Goodyear, Sears Roebuck, Ameri-
can Telephone, international Tele-
phone, Consolidated Edison and
General Electric.
Moderate losers included Youngs-
town Sheet, U. S. Rubber, Good
rich, Southern Railway, Standard
Oil (NJ), Woolworth, Douglas Air
craft, Consolidated Vultee ION a re.
duced dividend), American Sme]t-
ing, Anaconda, Kennecott, West
ern Union "A", Westinghouse and
Union Carbide.
Railway bonds were selectively
improved. At Chicago wheat end
ed UP TO to 2 So cents a bushel,
corn a to IL and oats down IA
to UP as much. Cotton lost $1.65 to
$2.85 cents a bale.
In front in the curb were Acme
Aluminium, Atlas Plywooo, Cities
Service, Consolidated Steel, Pep
perell and U. S. Radiator. Turn
over here was $50, 600 shares Versus
$50, 900 in the preceding full ses-
sion.
The Wilmington morning star., 1947-02-04
STOCKS DID
NEW OF Feb. 3-(P)-
GRAIN
CHICAGO GRAIN

CHICAGO, Feb. 3-(P-Selllng
developed in the wheat pit after
prices had forced ahead for gains
extending to more than 2 cents
today.
Wheat closed ISIS higher, March
So. 17A-k, corn was Nh higher,
March $1.32A-B, and oats "a lower
to "A higher, March 5%-h.
CHICAGO Feb. 3@RE
The Wilmington morning star., 1947-02-04
NEW SPOT

NEW ORLEANS. Feb. 3--(P>-
Spot cotton closed steady
$1.75 a bale lower. Sales 1.340; low
middling 27.70; middling 31.55;
good middling 31.95; receipts g.
1894; stock 1929.
The Wilmington morning star., 1947-02-04
LOCAL QUOTATIONS

a. Indicated annual dividend rate.
b.. Income and profits dividends
paid in past IL months.
C. Paid in 1916.
(The above quotations are nominal
and are believed to be indications of
the price at which the securities may
be purchased or sold.)
The Wilmington morning star., 1947-02-04

Children from two to Is years
old are most likely to have infan-
tile paralysis, but people Of all
ages can have it.
The Wilmington morning star., 1947-02-04
Buying of Carriers Keep
Market On RecoueryPath
Few blue Chip" Indus.
trials Add 3 Or More
Points

MARKETS AT A GLANCE
NEW YORK, Feb. s-(P,-
Stocks = Mixed; assorted rails.
industrial advance.
BONDS Steady; rails nov
higher.
Cotton - Irregular; mill buv-
ing; New Orleans selling.
CHICAGO.
wheat - Strong; buying
based on export ALLEGATIONS.
Corn Steady; country Of
feringy light.
Oats - Barely steady; trade
light.
Hogs - Unevenly rs to 50
cents higher; top $25.25 SPAR
ingly.
Cattle - Steady to rs cents
lower; top $3.50.
The Wilmington morning star., 1947-02-04
Open High Low Close
NEW ORLEANS COTTON

NEW ORLEANS, Feb. 3-P)-
Cotton futures closing prices were
barely steady $1.65 to $3.50 a bale
lower. =.
The Wilmington morning star., 1947-02-04
SPOTS

CHARLOTTE, Feb. 3-P-Spot
cotton 31.90.
The Wilmington morning star., 1947-02-04

1SO-Legal
.,-1ding Company. dated November 3.
,oaa recorded in the office of the Reg
i n ~ Deeds, New Hanover County,
NJ, NV Carolina, in Book 359. Page 446,
..ao.ber with the improvements thereon.
Tbs city of Wilmington reserves the
.abt IN reject any and ali bids.
mated and posted this 10 day of jan
uary, 1s47' MINI
BY: w. RONALD LANE,
The Wilmington morning star., 1947-02-04

STOCK AVERAGES
Compiled By The Associated Press
Feb. g.
The Wilmington morning star., 1947-02-04
1SO-Legal

Mn, 9-s311 For Newspaper Service
The Wilmington morning star., 1947-09-08
Petroleum Shortage

The director of the Interior Department
oil and gas division is guilty of under
statement when he declares American oil
consumers face an Internationally tight
winter. According to distributors there will
be such a scarcity as may bring rationing
for them if not to the consumers. This has
been forecast for several months.
The primary reason for the short supply
is traceable to the shortage of steel.
Operating companies are not able to get
materials and supplies, particularly steel,
for drill pipe casing, new pipe lines,
tank cars, barges and refinery expansion.
AS a result the petroleum industry cannot
bring in new wells in sufficient numbers
to meet the increasing demand, replace
worn out machinery or otherwise provide
the general expansion indispensable in a
growing market.
That the market is growing is seen, no
only in the greater consumption of gaso
line by motorists, but also in the large in
crease of gas-driven machinery on farms,
anticipated so per cent increase in home
heating by oil, and the steadily increasing
demand for Diesel oil by railroads and oil
products by trucks.
Although the demand has risen far above
that of the war years, the industry is re
norted able to produce, transport and re
signing the decree empowe- ing the govern
The Wilmington morning star., 1947-09-08
Free Gold

Discussing the Bevin gold brick scheme,
Mr.. Arthur Krock, in his column in the New
York Times, thinks the British foreign
minister invites 'the suspicion that he has
been reading the works of Coin Harvey
and the early fiscal PHILOSOPHERS of William
Jennings Bryan"
Mr.. Krock further knocks Mr.. Bevin's
declaration that the gold at Fort Knox is
not in "use" ~squarely in the eye. There is
but one billion dollars in free gold in these
stores, he points out, the balance being
pledged against outstanding cold certifi.
Gates.
At the expense of space it appears proper
to quote from Mr.. Krock's. remarks extern
sively for the information he offers on 6
subject that has stirred widespread dis.
cussion in this country and England, but
of which the layman has only the vaguest
idea. Says Mr.. Krock:
The only free gold in the country, is
roughly about 81 billion worth which the
Treasury holds in it's general fund. This
is a part Of the profit" gained when gold
was revalued at $35 an ounce in 1884. There
are no strings on it except those of prudent
management. It could be put in a world
sterilization pool by legislative act, or given
away, or, by administrative act, applied
to government expenses or to the national
debt. It could ever be sold to Mr.. Bevin
for such ideas of it's useful employment
as he may have. But the vast difference
between this billion and the twenty-five
the Foreign Minister seems to have been
talking about is visible on the face of the
equation. And since the British are mo-
using all the gold they own here, or taking
it home against their credits, it is not prob.
able Mr.. Bevin would be interested.
The Gold Reserve Act of 1894 did require
that all gold stocks be turned over to the
government, and in payment therefor cred.
it's in equal mounts were established ir
the Treasury in favor of the Federal Re
serve banks. This was the core of the Cole
Certificate Fund. But as has been shown
these certificates are lawful pledges by the
United States on it's good faith and credit
to its own citizens. And the gold coin anc
bullion since purchased elsewhere has beer
paid for at $35 an ounce by the United
States. To "redistribute" this would a
mount to giving it away to those from
whom it was bought so that this govern
ment could buy it back again.
would Mr.. Bevin think if a similar
suggestion were made by a United States
official about Britian's coal?"
The Wilmington morning star., 1947-09-08
Test The Cars, Too

North Cardinals investigation OF the d
h;litv-of motorists to drive properly IS re-
ve.1ing astounding incompetence. Inc per
centage of persons now holding oflvei .
licenses is proving alarmlngly sman. -
;s no wonder that the papers OF the s'ate
contain SO many accounts OF accldents III
traffic. most Of which may be traced 10
faulty operation by n driver or announcer
In view of this situation, as 1t IS pelng
uncovered by these statewide tests, II
would be appropriate for North carolina
to extend it's investigations to motor car
also, in the interest OF safety.
The number of new automobiles deliver
ed since the automobile industry starteo
production after the wal is very small, III
nroportion to the number OF cars IN use
The vast majority of autos are from i've
to ten years old and while they made little
milage during the war because OF gasoline
rationing, they all suffered deteriora alton
and many ought to be in the junk yards.
And to a decidedly unsafe degree many
are being driven at speeds which threaten
complete collapse at any mute Faulty
steering gear, weak brakes, other mechan-
cal defects, existing in thousands of mo-
tor cars travelling the states highways
daily constitute a grave menace to their
occupants and for all other motorists they
pass.
It is not only the drivers who need test
ing The cars too should be subjected tt
close examination and no drivers license
should be given anybody whose car is moi
capable of standard operation, on the oper
road or in an emergency.
Both cars and drivers are tested stimuli
taneously in other localities. The SAM
tests should be conducted in this state too
The Wilmington morning star., 1947-09-08
Extra Session

Secretary of State Marshall, again IN the
United States following his attendance at
the Petropolis inter-American defense con
ference, is reported to be studying the
pros and cons of an extraordinary session
of Congress to implement the aid program
which bears his name. He is expected ia
reach a decision when George F.. kennan,
his chief policy planner, returns from
Paris and makes his report on condictions
in Europe as cleaned from American
authorities on the Continent. This will be
approximately two weeks hence.
While the plight of Europe is necessarily
a matter of deep concern to the United
States, it is questionable if a special con-
cressional session is required. There is one
school of thought in Washington, which
probably will be supported by many citi-
zens elsewhere, that SO long as the World
bank and the American Export-lmport
bank exist for the sole purpose of meeting
emergencies and tiding needy nations ove1
difficult periods they could make loans
where the need exists and so leave nipple
menting the Marshall plan to be under.
LdhSl Ou1 tlIO ACAI 1CSO1dl SCSS1OI
which will convene in January. The two
banks are not lacking in capital available
for loans, nor are their doors barred a.
gainst legitimate borrowers.
Furthermore, loans from them would
not constitute a drain upon the United
States Treasury, which is chiefly supported
by taxes collected from the American
people. If the Marshall plan should be set
in motion with a huge congressional appro.
priation the chance of tax reduction, con-
fidently expected in the e national bud.
get, would not materialize. Instead Amer
lean taxpayers would 60 on carrying the
heavy load that has bowed their backs in
recent years.
1t is to be hoped that Secretary Marshall
can find ways to provide the aid suffering
European nations need without recon-
mending to President Truman that he
reassemble the Congress in Extraordinary
session.
The Wilmington morning star., 1947-09-08
Star Program

state ports with Wilmington favo.ea
in PROPORTION with its resources' W ~
ch,de public terminals. tobacco s'osase
w%srehouse,. ship repair facilities near.
nv sites for heavy mousHy @"a
Cane Fear river channel.
CITY auditorium large enough 10 "ee'
needs for years to come.
development Of Southeastern NORM
carolina AGRICULTURAL and industrial &c,
source, through better markets ano 1ooo
processing, pulp wood production anu
factories. ..uon
Emphasis on the regions. recreauon
s~dvantape, and improvement OF resort
accommodations. ~
Irnnrovement Of Southeastern Norm
Carolina $ farm-to-market and primary
roads. with a paved highway o Aop
.a;l inlet to Bald Head island.
Continued effort through the Cltys In
dustrial Agency to attract more III
dustries. .h., .,n.
proper utilization Of Bluethenthal an
art for expanding air service.
development OF Southeastern Nortn
Cardinals heath facilities. especially m
Counties lacking hospitals. ana lhciuo
inc a Negro Health center.
Encourazement Of the growth OF COM
mercial fishing. c,.x aov.
Consolidation OF City and Count gov
ernmentS.
The Wilmington morning star., 1947-09-08
It Was Good Advice

The state commissioner Of agriculture
Of Minnesota made quite a tour of the
South some years ago addressing farm
organizations, women's clubs, business or
CARNATIONS and just about everybody who
could be gathered together.
The burden of his message was that
the South should help itself economically,
as Minnesotans were doing, by relying
more on the little red hen and the fat
black hog.
Now with eggs expected to rise to a
dollar and pork steadily advancing in
price, it might have been better if more
Southerners had taken his advice.
The Wilmington morning star., 1947-09-08
Which Way Is Up?
BY LARSEN

WASHINGTON,-If U. S. -clti-
zens aren't worried over the Air
Forces claim that Americas air
defense has fallen dangerously
it's because they think
there are a lot of secret, push
button-guided missiles hidden in
our arsenal. But they've got
another big think coming.
Take the word of DR.. Law
renee R. Hafstad, one of the ma
TONS leading scientists, who
was connected with the develop
ment of many wartime scientific
weapons, and who is now ex-
ecutive secretary of the Joint
Research and Development:
Board. Just before taking over
the job with the board, he pre-
pared an outline which tries to
show just how far the U. S. is
from having a satisfactory gui-
ded missile. He says:
1--WE have all heard Of a per-
son described as so stupid that
he didn't know which way YVES
up, and have probably enjoyed
a SNUG, self-satisfied chuckle at
his expense. 1t is embarrassing,
then, to discover that in the
guided missile field, not even
the brightest of us Can define
up in a manner sufficiently
precise OF sufficiently general
for use in long-range gHldance
systems"
The German w flirts with
the outer rim of the ear4il's at
mosphere to travel 400 miles
along the earth's surface. TO
double that range with 2 similar
missile involves a projectile
that leaves the earth's atmos-
phere entirely. Of this DR.. Half
stad says:
"This drops the problem OF
astronomical navigation in our
laps, the solution Of which will
require researches as basic or
fundamental as any in the most
clustered observatory"
DR.. Hafstad has been closely
connected with the development
of radar, proximity fuses, the
atom bomb and rockets. He
clamis that "the most complex
and difficult of the lot, (is) the
guided missiles field (which) in
cludes all the others as legiti-
mate and essential parts"
An artificial hindrance to the
scientist in the development of
guided missiles, according to
DR.. Hafstad, is the over-eager-
ness the services display with
' regard to security. He says:
The Wilmington morning star., 1947-09-08
Wallace's One Talent

Our erstwhile cabinateer, Mr.. Henry
Wallace, who long ago produced a hybrid
corn notable for it's sturdiness, which is
reputed to have saved this years Midwest
crop from complete elimination, is now at
Russian varieties and anticipates as great
success from these experiments as he had
with corn.
1t is too bad that Mr.. Wallace has, not
always devoted his proved talent for agri-
culture to such undertakings. It is his by
brid politics that we object to.
The Wilmington morning star., 1947-09-08
Straw In The Wind


The Department of Justice
suit against the National AS
ISOLATION of Real Estate Boards
has been described as "bom-
bardment by popgun." Even if
the District of Columbia real es-
tate brokers are found guilty of
fee-fixing, so local and periph-
eral an attack on monopolistic
practices can hardly be expected
to break the back of the hous-
ing shortage. This is not the last
straw, only the first one.
1t is by no means clear that
monopoly is the basic evil in the
housing situation. Demand is
abnormally high. Shortages of
building materials continue
despite Department of Com
merce assurances to the contarv
Many manufacturers of these
materials are allocating them
with the aim OF re-establishinp
dealer relationships in small and
rural communities rather than
getting them to the large cities.
where they are most needed.
The Wilmington morning star., 1947-09-08
BY WALTER

ship to adapt ourselves to the
shifts and maneuvers of Soviet
policy at a series of constantly
shifting geographical and politi-
cal points. For that would mean
for ten of fifteen years Moscow,
not Washington, would define the
issues, would make the chall-
enges, would select the ground
where the conflict was to be wag-
ed, and would choose the
weapons. And the best that Mr..
x can say for his own proposal
is that if for a long period of
time we can prevent the Soviet
power from winning, the Soviet
power will eventually perish or
mellow because it has been
illustrated
This is a dismal conclusion. MI.
K has, l believe, become begged
down in it because as he thought
more and more the conduct of
the Soviet, he remembered less
and less about the conduct of
the other nations of the world.
For while it may be true that the
Soviet power would perish of
Illustration, if it were contained
for ten or fifteen years, this con-
clusion is only half baked until
he had answered the crucial
question which remains: Can the
Western World operate a policy
of containment? Mr. x not only
does not answer this question.
He begs it, saying that it will be