The News Journal from Wilmington, Delaware • Page 14

Journal'Kvrry Evening, Wilmington, Delaware Salnrtiay, Drrrmhrr 3, 1938 nrlrcti 1 Local Securities Trade Survey Shifts Lower More New Corporation Are Charterril at Dover Th r. rorporatiorjs were granted chrr. by the pa-e rDartment at- vtvrrtuv. Reported dally by Laird. Bissell Closing N.

Y. Stoek Prices (Approximate Shown on Board, Not Official doting Figures.) Stock Leaders Mixed, Selling Wave Subsides Large Chain Store Systems Facing Life and Death Fijjht Hv ROGKR BAUSON Meeda. DuPont Building. Bid AJked Diamond let ft Coal Co. Pfd Herculei Poader.

Pfd 1324 U.V.4 Del. R. R. Guar. Com a't 4iH Christiana Securities.

Common 2: JI1J Christiana Securities, pfd. IM Snift Ail a ncr. Drop Aflrr rxamond Alkali Cr pnr at tTt I' ir.erehand-a. e'- f.V V.f L. T.

Otj. I. Almiat Unbroken Lpturn Oer Fhr-Monlh Perioil Van Dam Brrl-ers. Urr ri'-. NEW YORK.

Dec. 3. A blllpcal for throttling the chains. These which could send the nation-wld ftr vpry powerful argumrnts and are What Storks Hi. Compiled By Asiociated Press Bit.

Advance II Decline Unchanged Stoek Market Averages Compiled Bt Associated Presa 30 Ind. 1 Rail 15 Ut 03 Stocks Net change 11 at I nrh. I I Today VVJ sv M.g previous dr n.n 193 high J.n m.i U38 low it i si. worthy 01 tne utmost consideration. Jos.

Bancroft ft Bona Co, Com I chain store systems to th electric Buyer? Gel Behind Few Specialties; Continental Frl I IK IM IIS 7 The most common criticism of the Joa Bancroft ft Bona Co NEW YORK. Dee. 3 pXl Tc Z. independents Li that they are un chair comes up before the new Congress In January. It would Im swiit rise in maustriai icuvuy was Corporation a Total Isjuea able to operate as efficiently as the Motors Hits New High halted this week, according I Banea ll.an'e Greral auf.n.

Vi Ol -o rVarUi tt chains. I doubt this. Smart, progressive free-lance merchants can latest available data, after an al Pre Close Pfd III iw I2it it 4 i Reported Daily by Laird. Bissell Meeds, DuPont Building. 1 moat unbroken five-months upswln rver.

a today match the chains on price and Atlas Poader. Ptd DuPont Debenture DuPont Pfd Warner New 7. Pfd Warner Co. New Comrnvq Prudential Investors, Pfd Remington Arm Continental Amer. Ufa ii Central National, par 1100 Johna-Manvllla a totalling 38 ner rent.

service provided the chains are sell Although moderate, the define ing their goods on a cost-plus basis was the sharpest experienced since the recent boomlet started during mid-summer. and not on a loss-leader basis. As a matter of fact, I feel that the chains have starved out only the backward. pose such a terrific tax on the big retail combines that they would have only two alternatives: ill To break up; or (2) To ko Into bankruptcy. It Is a momentous national Issue.

The. pockctbook of every American "bread-winner" Is involved. In fairness to all concerned we should study the pros and cons of the question very carefully and Rlvc our congressmen and senators our opinions. What arc the chains' chief advantages to the householder? Most Important Is the fact that they have The As.vx-ia.ted Press soa-ionaliy MARKETS AT A GLANCE STOCKS: Mixed; leaders idle. BONDS: Steady; U.

S. Governments step forward. CURB: Narrow; some utilities under pressure. FOREIGN EXCHANGE: Steady; sterling a share up. WHEAT: Unsettled.

CORN: Lower. Kennecott Krejge iS. 8 i Co Kroger Grocery 2N Llbbr. Owen. Ford Loew.

Loft. Inc. 7 Lone Star Cement LorUard marginal type of retailer. The latter Just did not have tht ability to adjusted iiKlex of Industrial activity dipped to 919 per cent of the 1929-30 average from 92 4 (the year'i Delaware Truat Co. par 1100 15 rqunabia Trust Co.

par I3J Farmers' Bank, par till 3a Union National Bank, par ta Industrial Trust par 4o Security Trust Co. par M0 13 Aiwin P'r rf C-rji-' Deai in orpr. bri A-tjr M. Krelnarin. r.

Vii.ir,, A Hr." I Prer.V'e Apra.sai p- -j IriC 19 M. ln j-ar'-. r-Ke-, Urt. 1. Hrxr.

A 'Tie Corp'rat -n Tr M.n r.f ard f.r.a-.'e Ac: a r.rar-'er e-r 'tfi no par S-or-r, T. Hi Irsver. C---a- Cl 1 Arrr Ir.c. CJP'ii frt Marc Jnepri Bin n. A iidr a.

a'i of York am B-vf e. A 1 Chant' In awe Wll.iii P. Tr t- CTtPt. fay in business regardless of the II multiple-stores. Moreover, the charge that the chains are monopo poak and compared with 79 1 last year.

I4S IM Wilmington Truat Co. par ISO tit lizing the retailing business seems to be refuted by the fact that the number of Independents has swelled A Pre CIom LaM Air Reduction, new Alaska Juneau Allied Ciiem. Dya 1 Allied Kid II' Allied Stores Il' II AJls Chalmers 45 4.V Axil. Leather, new Amer. Can Amer.

For. Power i'i Amer. International Amer. Loco Sl Amer. Power 5'i Amer.

Radiator 1'4 1' Amer. Roll. Mills 5 24M Amer. Smelt A Ref Sl) IH Amer. Steel Poundrtes Amer Tel.

ft Tel 1I8' Amer. Tobacco "B' 8ft 87 Amer. Water Works 12 HH Anaconda Copper 324 Atchison 87 Sfi Atlantic Refining 22s Atlas Powder Although production moved to a new peak for the year, the increase was not as large as was SIS reduced the prices of goods 10 per Produce Market cent on the average. Their leader from 234.000 in 1329 to 304,000 at the last census. expected on a seasonal basis and Martin.

L. May Dept. Stores- Mclntyra Pore Miami Copper ship In cleanliness, modernization, Xl't 4a ii'i I5H and other good merchandising prac ls liig nii'inr Too Hie? the Index fell. The Index, with Its seasonally adjusted components based on latest available statistics and with 1929-30 Mid-Continent Pet. This Is a big and vital Issue.

As ll 4' York New York (junlalitina iDaily report of N. J. produce on the Y. market, V. and N.

J. Depts. of Agr cooperating Montgomery-Ward tlces has been a real boon to those retailers who have survived the multiple-store competition. By reducing prices of necessities, the I have briefly pointed out, there are powerful argument. on both sides as 100.

corrpared as follows: M'et Preriou EW YORK, If. IT). Receipt of chains have increased the workers Fundamentally, I think the whole problem boi: down to this: The We V.eek NEW YORK. Dec. 3 While buyers nibbled at a handful of spe-cal stocks in today market, most cisp'ayed a notable lack of appetite so far as the majority of leaders as concerned.

Continuance of extremely light liquidation was the principal factor for boardrooms. Transfers for the two hours approximated 350.000 shares, one of the smallest turnovers for a single session since last August. Minor pains and losses were about even at the close. Wall Street apparently took a nearby fruits 'and vrg'tables mere rather Standard Of living nearly five per light on the wholesale market this morn- cent. Lower prices and attractive chain has done for retailing what C4RO OF 77T4VKS Jh ro Kn Rodali'T r.f tr.e.r iTrr.pa'r.-.

tA orTr.rzf Ot'h oj- 7 1 Brown Mr ar-i a Yar 74 19 7 a a the machine ha.s done for produc a Mjhrocms were in amve demand displays have also benefited farm 4 as 7 81 1 ::4 5 7 7 2 1 7 8 8'. 4 114 8 1 4 52 1 Comp'Wl'e ind Autr-mohile prod. B'eel mill art. Cot'on mfl ar'. Kec.

pwr. prod. podntial bil. Tot earinal. tion.

To do away with the chain ii aii-u niinn? niKiirr. oru5v.t i SDrouta were nlentiful rhe.n., 5' IUHnuiactUrerS completely would like smashing ail root vgetabx ere atrady. through greater consumption. our machinery to "make more work." A aeaxer market tne prevailed for appies Much On Chain' Side -N'w h.tM, ft. the chains may now be too biz.

j. Kve. Tlirlr advertising has been efTec Mayrje all "Big Business" Is now too Nash-Keivmator Natl Biscuit 2 5'1 Natl Cash Register Natl Dairy Product! Nat Distiller. Natl Gypsum 1'' Nat Pi ft Light 1' Newport. Ind US New York Central IIS ITS North American North American Av.atlon.

IV nS rTorthern PaclOe IS 1S Ohio Oil Oliver Farm Equipment Otis Elevator 2' Otis Steel 12' Owens, ill. Giasa big. Maybe it would be profitable as-as Bi-ck ifo 1 so. live in stimu.ating the sale of more Baidains 1 8t.y- goods and It has provided local nun. Romp.

rrtniriaT A fi I "ii; Obituary for the country if some gigantic 11 I) II to.i wi iirni)rt i5 will! mun" revFIlUf IO sr.mpu-haL more chereful view of corpora tions were "unscrambled" or In $4 4 Isr.aj baby. 1 On var pit Cri' m.i r-a-r cVvl rr-ip riiv! nnrr. Bj in pur hrt rr. In CafiTn Jf If Mv x-'. 3.

rrA-' a B4- NrtT bu. topped toorr Bvp corrjnumups better newsna "unmerged." the foreign field, although the row TTr.V rhfl hflVA noM Miir Mill' M'a. 1A-M 11 I Why? Because It is very possible a 5. i 'W 11 I t-lieit-M I li A between Italy and France over French -ou red rolon.es was still a that some big corporations are less Cabbage: Nrby i', bu humper white meir store properties euner direct efficient than mow people believe when we consider the nation's man ss-5t; red ss-Tti crt. red 5C-75.

6iwy ly or through rent. Thev have paid so-i. poorer 3S-flRROT their managers and clerks as much -J(-. hood. Maybe too larze a proportion of their suppoised efficiency Is due or more man ine average ror all Carrott: Bu.

topped nearby TS-1 B'lt tem rTT'vr P11? fi-v' Howard Gamble ELSMERE. LVc. 3 fSpocial) Fjneral services for Howard 56. husband of Mrs. Lillie Grace Gamble, who died in th Homeopathic Hospital cn Thursday will be conducted at 1 o'ciock on Monday afternoon frrm the Chandler Funeral Delaware Avenu and Jefferson Street.

Wilmington. The Rev. High Adam, retail stores. Moreover, under the prodding of their critics, their man to cutting dorn the legitimate profits of the people from whom they buy. Bigness cannot take the place agers are gradually becoming a bigger factor in the civil life of their of righteousness.

Equal opportuni community 7s Long Inland eri. muCt Air to crdmarv 2 00-: 50. fw best I 7J. 2S, piorer MM Celery cabbage N. J.

and N. crU 5-a. Hor.eradih: J. per pound hd Le'ks: Nearbr bu. 50.

Ml SHROOMS Mu'hroorrs: Pa. and Y. 3-pound b'k't ard etra 5-70. fear 75 Medium 11 a al ties must bo assured for We must not let the time com when The chains have their faults, too. They have chiseled manufacturers pastor of Brack-Ex M.

E. development for the financial sector. News Unfavorable Business news, generally, lacked motivating power either way. The flauening out of the trade line, on the whole, was about what had been expected, and speculative forces were inclined to await indications of what the new year would bring forth before extending commitments ur.Su'.y. Year-end adjustments of accounts for income tax purposes again acted as a recovery brake.

Steels had to contend with signs of a further slight downturn in mill operations next week. Labor difficulties at plants of Chrysler. General Motors, and Nash kept automotive shares in "he background. it is impossible for a new small for years. By buying in mass nuan u'" i 11' -j P'- titles, they have been able to under bus.ness to get underway and succeed.

This would not be a healthy condition. will officiate and interment will be' in Silverbrook Cemetery. Mr. Gamble was born in ming'on. th son of the Mr.

ar.d i Mrs. William Oamb. ard hii soil the same quality of merchandi.se R'Utns 41-iS. Opena and npnts when retailed through inderendents. rr-w Pound bn i-32.

poorer 12-1 Baldwin Loco 12 1-': Balto. ft Ohio Barnsdall Corp It' IT Brndix Aviation 22 21 Beth Steel 79' Boeing Airplane Borden lsv Borg-Warner Briggs Mfg 2 2 Budd Mfg Budd Wheel 4i Canada Dry 1 Canadian Pacifle Ct. J. I Caterpillar Tract 48 4Vi Celaneee Corp 2IH Cerro de Pasco Ches ft Ohio 33 Chrysler Corp 78 i Climax Molybdenum 'i Coca-Cola 1H Collins ft Alkrran 32 Columbia Oas a Kee Columbian Carbon 9' Commercial Credit Vi, Vi'a Commrrcial Invest. Tr Commercial Solent 1 Commonfcealth ft South 1H Conso.ldated Aircraft 2.M, 2S Consolidated r-diaon 2' 2'- Oil 't Container Cop IIS IIS Cont! Baking 2S Continrnia: Can 3TS 3t'i Cont.

Diamond S's 9't Continental Oil 2t 2' Corn Products 2S Crane Company 3 5' Curtist-Wright Com Curtiss-Wright "A 2SS 2 Deere ft Co 1 D.st Seagrams. Ltd. 21S 21 i Dome Mines, r.ew SIS X2 Aircratt DuPor.t Common 144'i ItS't DuPont Debenture Limit. Pon Kill, the Chain Perhaps too much power is beln? a- r-r-a-" a- A H-rr Ar-r; jr c- r- Vf-ay aTT r-'TV" 5 a 1 ''k. a CTT.

parmp.n svarbv bu i.iiv National brands have been used as "loss leaders" although tiiis has now concentrated in the hand of a few ben employed by the Baltimore Ohio Railroad Ocnnanv for- been corrected to some extent. Their sr. Potatoes; V' lift-is 3 W-pound aacka mammoth merchandising outfits. the pa nine years. Prior to that; rT i This is not in line with our Ameri opponents charge that they have drained profits out of locai com SWrtT POTATOrS Sret bu hamper JerT he worked for the p-iilman Com pany for 19 years.

munities ior years. This Is not tvpe and Goldens U. No 1. 1 CO-1 fine higher. m- wholly true, however, for thoir mar In addition to his wife he r.ir- n.ostly 2-S7'3.

ard 3. la. Sa-Ti- Cr-T. "4 rv ar r--H- 1 jr. Kai 1 ci it nrrtflt 1 kn 1 and N.

bu. arorn ordl. can princ.plos of free enterpriAe, competition, and initiative. Therefore, what should be done? Perhaps instead of killing the chains outright, as some want, or letting them run along unmole.ored a- others do. there Is a half-way ground.

Maybe we should keep the chain within vived by seven children. Oorge F. Gamble of Philadelphia. Mrs. Gold: JefTrLs of Minquadale.

Mrs. rary HnMard 4-7. is bj. mucn sniairr man uie reduction in hanrwr eo, 1 Bb 1 j.v-si prices which thev have rffocted lum oU topped wnire 10 ncr rent) liirf hermr. Elsie Newell of ELtmere and Robert poorer Pa.

bu. topped white there are more stockholders of chain state lines, just as the banks are' sioirs in jne average community now than there were independent per bunrh J-4. poorer froud 1-3'- Rl'TTfR a 'a i Vt. ra-i a- 'el -ri j. r.ral jrrrt a la- rvt-' JT.5 -e-in S'r rvTT- a.

4 r-c ar C'Tr-r. rrae 'all cn Sir.rfaT U. Gamble. Leslie Gamble. Harry Gamble, and Howard Gamble.

Jr.j all living at home. On sister. Mrs. Clara Prettyman of Wilmington. I and six grandchildren also Friend.

may call on Sunday ev- nir.g after o'clock. store-owners a fe years irregular Creamer Independents Best Talking: Toint higher than extra JA-'l'i: extra i2 JP'-: fl-' J7-ro'; second Now. what can be said for the in dependents? First and foremost is (-7i CT.eeje 3.3.729. flrirr Prices uncharged rr.r.a r-Tt 1. the fact that they have always been Mi nr.

L. T--soTiM Drvden. Sr Frs weak M.ied enW: Spe- the backbone of every community Births 7. I Kroup or locally-owned, progres 2J'j j'rord-' 2i-r: mediums 24': dirt Packard Motor 4'i Vi Paramount Picture II in Path 1H 10H Penney. 'i Penna.

R. inT 4I'4 41't Phinipi Pet 4t'j Procter ft Oamb: s. S4i Public Service. N. 4 so', Pul man Co xrt a' Pure Oil ft 1A a Radio Corp of Amer 7 71, Kadio-Kelth-Orph 2' 2H Remington Rand 1 ia Republic Preel 22' I2' Reynolds rob 4i, 4.t'i St.

Joseph Lea 4la 44'i Schenley 1'i I Sears-Roebuck 7J 72 Servel. Inc 1S 1 Simmons Co HI' Socor.y Vacuum 1S' 13 Southern racifle 17 17Si Southern Ratlwaya 1S la't Sparry Corp Si's Star.dard Brands 7 7 Standard Gas ft Elec Standard Oil ot Cal 27 27 Standard Oil ef J. S' son Sewart-Warne' Stor.t ft Webter. Inc. 1S' lt' Studebaker 7' 7 Tesas Corp 4.1's 4.1H Texas GulJ Sulphur 32 S2'i Timken Detroit Asia 17 Tlmkea Roller Bearing 4 49' Trana ft West.

Air Twenty-Oert. Foi 2 2 Cr.lon Carbida Sl Cr.lnn Pacinc M'i Cniied Aircratt S7 7' Cnited Air L.nes 12S II'. United Corp S1 8' C. H' 11 D. S.

Ind. Alcohol M'i 2S D. S. Foundry 44 4-Vj C. Rubber.

Com 47t 47S D. Rubber. Tld 1 1S C. 8 Steel 2 Warner Bros. Pictures 51 Western Union AirDrakt 274 2 Westingbo-jsa Etec H4' 114 Wilson Co ll Wooiwor'h Teilcw Truck Ni.

24. ciwks 32-rt'v Re. sir ana stores is a great BS cerator. jpeeia's a'andards set tO any town Or CltV. They Eive a.

ready Lm.ted. Thes are all idea put forward to stimula' thinking on this vital issue-. I know that readers are discussing the pros and cons. It would bo helpful if you wro me your thoughts. While I cannot answer your letters personally.

I can give a summary of th most important points which have been brought out. Moreover, I will also offer a prize for each of the 20 best 300-word letters that are written to me at Bab-son Park. Mass. Remember, this next (Congress may decide whether we will or will not continue to have chain stores. It is vital that the right decision be made.

fCopynffif, 193) m'anims more Ker-ico enrh ac I "i limn Continental Motors. speediest, mover yesterday, edged into new hieh territory for the year on hopes plans for expanding airplane en-1 building would boost company earnings. N. Y. Shipbuilding preferred and common exhibited strength on prospects fir new maritime construction in connection with armaments.

Aircraft were resistant, as were some tails. Chrysler Supported Supported" were Chrysler. Greyhound. Aircraft. United Aircraft, Southern Railway.

Delaware Hudson. General Electric, DuPont. Anaconda, American Smelt-ins. Goodrich, and Montgomery Ward. Without climbing power most of the time were U.

S. Steel. Bethle-ttem. General Motors, Woolworth, Consolidated Edison. American Can.

Great Northern, Kennecott, Monsanto Chemical and U. S. Rubber. U. S.

Governments pointed higher in the bond department and corporation loans were fairly steady. Commodities were mixed. Foreign currencies were narrow in terms of the collar. About unchanged in the Curb were Gulf Oil. Eectric Bond Share and United Gas.

Empire Gas Fuel 6 1-2 per cent preferred rsn up 6 on small turnover. 12" DuPont 14 50 Pfl 45 Nearbv dwe-ern. prem urn 11 1 "'u, uual Pn rra-k 41-t2: exchange special" 4 Mid- llon They know their own COm aestem. exrhange tandarfs 9. Searbv.

munity's problems. They are Dart far.cv mediums Nearbv and Lr Hf -n CRTCG To Mr. an Mrs Rieha-f Cr'gg 41 Van Burn at Delaware Hospital on Dee. 1. a iaugh-er.

M7JV90V To Mr and Mr ar.d Munscn. Church 8-reev St Frsre-s Hospitai on Dee. 2. a i jhOOL To Mr. and Mr von Tur-eoi.

West Tents at ft. Franca Hospitai en Dec. 2, a nrt. mediums 31 pullets "tJI Kifrti re- NVarbT and m-detern. refr.gerator.

JJUMDimy lowara tneir employes fperia.s aranaarfis IT-ZS; nrsta and customers. It is largely on the 24-J above Intangible reasons that the Nrby extra farcT ar.d werterri. excr.anse jpec.a'.4 rV' independents are basing their ap Near. and ir.era 1 er-r'r. pjtr.er P-jnera.

Hnrre. y.1 Maric-t Srt rn 1 at 8 o-c. at Gird Nfd Sandav. 4. Fronds rr.ae call cn eatareay rnai.

afer g. ELL 13 rs rfTire Ar-n-ie. Hic-arton Para, rn ".51. Jarre Ellis. ae "9 -ars.

PelativM ar.d are n-rrei -a The Wi-Ssot Fi-rrai Krtrse "ajrl. -s-Sunday aferr.oon. rcerr.rer 4. at 3 oe.oes. ETJ WARDS 6uaori -1 -h: ei'r -i Dcisr 2.

157.8. cf Gr tie M. FSwarcs. of 2155 Frfrh Sfrw. f.er-cs and -f Ttnr Pr-xjuets Co.

are "e-4 finerai Tr? Smith Kerne. Twentv-filra sr.a "tsrset 5-rees. pi Monday rnorni-g. liecember 5. at S.n cloc.

sin at Br. TrirT.a Clturcn af 9 30 c.oc. tn-rxent at Ceme'err. caj cn Suncay e-enxg af-er 7 ocloca. FORREST la 'his cirr.

rrt rcemoer J. exchar.e 0. nufk far.rv J'-M P.ODGES To Mr and Mr- Alfred 37 West Pourtn 5-rt. Picmc crast whites. Jurr.bo ana pre- Liberal G.

O. P. rningtcn Genera. Hsspfa. en Dee.

3. a son. THOMPSON To Mr and Oo'g U. S. Bonds Displ av Brisk Advances nniT 42-50: tci'.

standards rperiiurrs Refrigerator, spe- C.a.s 3 -23; mediu-rt r9'j-3f. GRAIN I C. Thompson. Wen TriirtT-'eocrU i Wi.mx.g-.cn Genera. Hop.tai on Dt- J.

a son. Rye pot f.rm: No. a milling, domestic to arrive. S3' NEW YORK, Doc. 3 Werley tin; No.

3 r. I f. S2' POPO To Mr and Mrs. James f.05 yor'h Stret. at General Hospital on D-e.

3. a dagnter. Tallow eay: loose 5S: extra Eastman Elec Auto Lite St U' Eec. Beat Keciric Power ft Lignt. la Elec.

Storage Battery J2 Freeport, Texia 2tS 27 Gen'l Amer. Trara 53' S3'a Gen 1 Cable Co ll'i ll'i Gen 1 Eect-ie 41 4I General Poods 3S JIT Genera! Motors 4X 4S' Gen. Kwj. Signal 21H 21S Genl Tirt 22 22H Goodyear T. ft S2H S2V, Co 22'- 22 Gt Northern Pfd 24 24' Greyhound Corp, 2H Hercules Powder 2 "Is Houdaille Hersh 14' 14' Howe Sound 41 47 Hudson Motors 'j I Inditria! Rayon 2 2i Infl Harresier Infl Nickel 52'i SM Infl Tel.

ft Tel looe ment bonds stepped ahead smartly today while other sections of the market clung to a narrow trading Greases eaiy: yellow and ehoie house Pro ram Seen Treaduay Aver Congress Group, Not Committee. Will Map Party Course WASHINGTON. Dec. 3 Treadway (R-Mass) said today that Republicans in Congress, not the Republican National Committee, would chart the partv's course Other articles steady ar.d uncharged range. Foreign Exchange Federal bond dealers said there Philadelphia Quotations PHILADELPHIA.

Dec. 3 (DPI. Move was considerable switching going on Marriage Licenses Issued Marriage licenses were issued Elkton curing the pis; weeic to the following Delaware and nearby couples: Dave Wasserman. 34. and Esther Silver.

25. both oj Wilmington; Thomas A. Dens-more. 21. ad Margaret E.

McGuigan. 21. Conowino. Ml Charies A. Swaason.

27. and Hilca 21. both cf Eltion; TP a i- T1t tl a -I rrnt white potatoes was slow ar.d in the government section to adjust prices ur.chanped on the wholesale markets tcxiav according to the Federal state Mar- portfolios to individual requirements ke: nws service Pa. sacks labelrd U. S.

No. 1 ranged to 1 35. a between now and the 1940 election. tew 1 4- poire- t.i is some frozen details of which were announced by Secretary Morgenthau yesterday Ana, he added, that COUrse WiJ have M.nme M. Henn.ngson.

21. Ba.t.more; to be a "liberal" one. Eugei.e r. Wa. er.

21, and Virg.n.a X. Bar- 49 4914 baskets brought 50 to 6i. mosily As in the preceding session, prin ft Youngtown 8. Ea-Dlvldend. John P.

I don't think u. mi.a 'r- Doth ot Havre de Grace. Md -0 to si. poorer 2 to 3o; l-pound cipal activity was concentrated in -x. vvtaiu 8k wawa 1538, J--na late Jonn H.

ace Ja-e A. F-rret. 41 fears. Pe.atives. a-d Ho.

7 Vame are inv.red t- af.eac t-. irr.m -is are r-sicenne. 90S Teei Fourth Sret. 13 Mondav rsornxi Dercoer 5. at 9 elect.

r-ajs at St. Paul's CSurcn. it 9 35 cioc. at Ca.iiecrai GORDY In J. 1938.

Heee. r.u.-ia.ia Sutie Gord'. 1-4 r. 'o attend 'ne War- a Ptinera. Home.

403 Taf-t Eigi'th Street. r-i cay even.r.g. 31 c.3c. services at Md. trver-rn-rt a- Moncay 1 clrKiit.

Francs rr.av cal at ne funeral home Su.r-ay evenir-g, 7 9. GAM3LS ei-y. -3 IVcerrioer 1333. Hours, huaarm -I Lill.e Grace Ga-Tiiie. ot No.

1 Road. El-mere, Del. Id i tirs. Heiativea aad friends ar- attend hm wrvices The Home. De.aar- and J---r-Ma Srrerr, on Morcay n'-frnoon.

December 5. 1 Interxerut at Si.verbrock lattr KiTirnrt longer term issues. Treasury- into power." he said, with a conser STW TOSK. 3 The British and -French tranc narrowly f-rward term rf tie dollar in foreign exrhsr.E dalir.cs iccay. tie French continued ir.

fsre rI frer. 5tr.t dttT.cutties and the rff.cis. control to have frsres and scqairsd outside currencies. Tl--? Swit frar.c and guilder were while the belga dipped of a cent La: morning rates follow: Great in dUsrs others in cnts.i Great Britain 4.63s.: V) esr bills (51 Can-tii. Montreal in New Tork 99 li3: Kw Y-ri in Montreal ICS SI5: 8C; C-cho5vatia 3.42: Dtimarst :0.92: F-ance 2 'T: Germany 4 C8.

2i.5V travFl 24.5J: Greece It rnrarr r.a d-23 2 J4; 54-39: Norway 23 5:: ISSt; Portura'. 4 23: Riirnsnia In Sweden 24.15: rd 21 T2: Argentine 23S; Brazil ifre "mxico 2:1 75N: Jran IT.3t- vative lineup." Sweet potitoes re and n. J. bushe; 3 l-8s of 1952 had advanced 9-32 hamper Jertey type and a few reds sold of a point at the Start Of the final 1 35 to 1.50. a few higher, small to medium 1 N.

Y. Curb Market Discussing the recent meeting of Gilpin. 44. and Mary K.ng Haaes. 4.

both ot Eikton; William L. Lee. 29. West Grove. Pa ar.d Irere S.

Warrick. 32. C.es-apeake C.ty. Prank A. Ferry.

59. Sparrows Point. and Margaret T. McGar-vie. J4.

Baltimore: Wal'er E. Sioit. 22. Delswa-e City, and Ci'herice M. 22.

Wilmington. Commodity Futures his party national committee. 25 to 50. a few higher. Celery met a slow "4 l'" "lc," u' 1952 were 6-32 higher.

The 2 7-8s b.s!:i ft demand as Pa wired bunches sold 6 to 8. rr.ar.y poor-r 2 to j-crts. rough 75 to Reported dally by Laird. Meeds. DuPont Building of 1960 were 7-32 up but the turn 1.15.

Pre? Closa Last Carrot-: Pa bushels topped brought 65 to over here was light. There was little interest in the government Treadway. ranking minority member on the House Ways and Means Committee, expressed belief "too much emphasis'' had been placed on the idea that the commitr.ee d-rected the policies and actions of the Re- 13. special rnarks higher, poorer low as no. Whjte turnips: Pa.

bushels 25 to 55: ruta. guaranteed loans, such as home Cotton Market rirw TOSK. Dec. 3 Cotton declined fur-her rooay urer continued acnv- liquidation promoied by weakness of fore.gn mirket j.nd an unfa vocable view of rh owners and federal farm issues. baga? 10 70 pound.

Sacks 51 to "0. few 75. Domestic Bonds fractions to a A Doles were in fair demand and good 1. pujiiidu minority in congress Krr.E'sor.c Shanzha; 16.20: rate; cables unless indicated. N-Tfcxinai From my viewpoint, just the re cosit.on rf the itaple.

Alum. Co of Am Amer. Box Bard Amer. CyanamwJ Amer. Cat ft Carib Syndicate Carrier Corp Chllda.

PM Cities Service. Com Cons. Gas. Balto quality staymans and medium point higher included Chesapeake rlo'ufVhe'variis tni hio l-2s. Anaconda Copper 4 l-Js.

verse is true." he said. March sold from i.5S to 3:3 ar.d closed! vV7 0. 193S Margr." Speaking of the contest for rh. bitter Doutiierii Kdiiway a ana uutiues Butur: (Early quotes Market steady rower Liigni. as.

House minority leadership, vacated by the retirement of Rep. Bertrand to firm. Regular demand fairiv active. I Silently behind were Northern nj.ry -r j.T.-or1- 5rv.c be -eld Tte Fts.ter Funeral Home. Msrt street, Mcncay morsir.g.

Decembe- 5. at eloe. In'erment at Ceme'erv. Open market trad ng only fair. Offerings pacific 4S.

Shell Union 3 1-2S. Com- iiiuii co ui luuuu i i-a aim tvunu- of storage goods moving. 92 score ti. bnell or New York. Treadway indicated he was opposed to the candidacy of Rep.

James W. Wadsworth Elec. Bd. it Sh Elec Ed a Ltd bia Gas 5s. storsge bringing 28 to cents with on DetmDe 1.

MAJKIT-Ii 1938. Wi. iam A i'ghter preferred. Storage 9 score Foreign dollar loans were quiet ex r-: Jn g-ci El. of New York.

I Reported daily by Laird ft Company. I Nemours Build xg. CHICAGO'S GRAIN RANGE WHEAT Open Hgh Low Last Dec C2- 63S 2i 63' MJ SC1- July S6H 6'4 CORN Dec 464 47V 41 47'i May 54 SI 50'i July 51H 51t 51H 51H RUBBER Dec 1585 15S6 154 1585 Jan Mar 1SSS 15SS 154 15SS i May 157 157 157 1587 COTTON Dec S53 853 838 838 Jan 832 832 816 816 Mar 825 825 81S 811 May 84 805 793 793 HIDES Dec 1070 1" 1065 10M Mar. 1103 1103 1086 1093 LARD Dec 6.77 8.77 8.75 Jan 6.92 6.92 8.85 March 7.45 May 7.60 7.60 9 17 to 29: 88 to 89 score 27' i to 28 cents 119 lW.i IS 31 81 Vj 18V4 18k 63 '1 TVs 1 70' lOVi 18 Wi 3W M'i 66 I 49 is 79'4 78 105 103'. 5 'a lo: io i7H 194 80H 20'w ZK :9 vnn.

Re.atsvea and cept for a flurry of trading in Italian Although he said he rezarded friends attend Scores: 92. 31 to 31 91. 90, 29'i. EGGS ne Government 7s which dipped more Wadsworth as an "outstanding" legislator. Treadway said the New than a point.

Fjgf. Market nervous and unsettled flue anticipated heavier western receipts and Needle Work Trades Short of Operators Eitablfctunent of a course in instruction for power sewing machine operators to fill an existing fdortage of skilled operators in the needle work trades here is asked in a resolution forwarded to the Wilmington Board of Education. Representatives of the needle work trades' industry in this section, members of the manufacturers' section of the Chamber of Commerce, adopted the resolution Thursday at a meeting in the office of William E. White, principal of the H. Fletcher Brown Vocational High orfcer "represents an element that lower New York advices.

Offerings l.ght Hamilton Trust Company-Declaration of Dividend a special meeting of the Board of Directors of Hamilton Trust Company held at its office. 228 West Nm'h 8treet. Wilmington. Delaware, oa Wednesday. November 30.

'he regular quarterly dividend of 1 and special dividend of 4. was declared on preferred stock, payab.e to stockholders of record aa ot December IS. 19J8. Baker Is Mentioned Humble Oil Infl Pet, Ltd Lake Short Mine Lockheed Aircraft Newmont Mining Pittsburgh Plat Prudential Investors Seversky Aircraft She win William Standard Oil, Trading quiet. woud mean the partv is not advancinz with the smrit of U.

extras: Whites. 40 to 44: browns 38 to 39; mediums. 32 'j to 38. 6 stand the times." ards: Nos. 1 and 2, 35 to 37r Nos I and 4.

For Slock Committee NEW YORK. Dec. 3 (Special). 33 to 34; mediums. 25H to 27.

TJ. fl. trades mixed colors, 24 to 27'i. rera; tn ret.ieace h. par-nt.

So-ri Clay moat -n Monday rr.irg. Drc-mbe- at oc.ock Sol's: requien-. St. K-s-ka Crturc-. 9 clock Ir.terx-nt at Cathedra; Cerr.e-tery.

SHLTTS Nar tVl on IVceaiaer 2- :938. a-e Marian D. Snu-'s. id i i.i.-s Tte.a-i-.v ano Tr.enoW are a -rl trie jrvice Tr.e r.eral K' rr. 11 afterC'jcn.

DeceT.ser s. a- 1 a occ. Interment a- Barra't apfl Ctxe-t'ti. near Fre-'rta, c3 at the torr.e Sunday everi.rg. from 7 to a Charles W.

Baker, of Wilming- POILTRV Philosopher Dies BOMBAY, Dec. 3 Bra- Live poultry: Market steady on fancy ton. has been mentioned for the jendranath Seal, 74. Indian nhil- Technicolor United Gaa asopher, died today in Calcutta. quality, weak and irregular on ordinary 39 nominating committee Of the ttock.

Majority receipts and offerings of ordinary to poor quality. Fancy poultry New Stock Exchange, Which clearing well, other stock draggy with nominates the Board of Governors considerable carryover. Insufficient volumt of the exchange of pullets and cross roasters moving to defl- mmK, Baltimore Livestock The resolution asks that the course be established in the Brown nlteiy establish values I Fowls, 5 pour.o up: Rocks. 21 to 22: Reds I Aieeas, slock oroners. and mixed.

18 to 2i: Leghorns. 16 to 18 I BALTIMORE. Dec. 3 dP. IU- S.

D. A CATTLE 75; CALVES No receipts. Compared with Friday last week, good steers school. It is pointed out there is a d'cuiand for properly trained power sowing machine operators in the needle work trades in the city now. Roasters.

pound up: Rocks. 18 to 19; Reds and mixed. 17 to Fryers and JOSEPH LYBRAND PYLE Cvdigkd public CkcjDiuiianl 311 Industrial Trust Dldg. Phone 3-4471 Chicago Butler, Eggs CHICAGO. Dec 3 iV Butter 878.410: mostly 25 lower, plain and medium 25-40 off; medium and good pound 8 few 1.O40-1.3M pounds 9 85-10 20, Rocks.

1 to pound 17 to 19. 2 to 2 Michael A. Mealty Son Funeral Director pound' IS to 18: Reds and mixed. 3 CJ aesker; prices unchanged. Wheat Prices Lower CHICAGO.

Dec. JPi Wheat prices took a doa-nward course early today. Reports ot rains In the winter wheat belt and denial by the Canadian wheat board that its stocks at the head of the lakes were insuffiient to take care of December sales were factors. Opening unchanged to lower. December 62'-.

May 66'i-. Chicago wheat later held r.ear this range. Com started up to off, December 4 34-T. May plain and low medium lightweights 7.25- pound 14 to 18. 2 to 24 pound 14 to 18; Eggs 4J22; ea.sy: refrigerator extras 21; standards 23'3; firsts 23; other prices 8.50; good tellers 9 2a: rat cows mosuy Dlain and medium dairy type 5 25-8 CO.

crosses, 2 to 3" cot'nd 15 to 17. Grain Day's Record, Tides Eastern Standard Time. uncnnged. eood weighty beef cows 650. low cutters Wheat: The market was quiet alin of- N.

W. Cor. 7th Broom Phone 2-5913 and cutters 4 00-5 CO; top sausage bulls 2 red winter, garlicky, domestic. Novem- 7.25. Compared w.th Friday last week ferings ample and prices eased off No.

good vealers unchanged, mostly 11.5C-I2.00; ber brought isin and medium 8. J-11 00. Today's Scratches harlea Tea a 1. Fernbrake. Vendor 1 Ln.

Bob Junior Corn: Wilh more l.beral offerings and weaker outide advices, prices declined 'i. HOGS liO. Steady. Good and choice Eun rose this morning 6un sets this evening 4:35 f-un rses tomorrow morning 6un sets tomorrow evening 4.1'i Moon sets tomorrow morning r. 3.41 Length of day.

9 hours. 31 minutes. 12C-2GO pounds 8 30-50. top 8 210-240 Demand was iimited. No.

3. yellow, n-w DOur.ds 8.00-25 20-3O0 pounds 7 8C-9a brought 52 -U to 334 Hasten Up. Ooidun. Col. Scott: 2.

Nav Good sows 6 90-7 40; compared with week Oats'. In fair demand and firm with of Nay. Summer Hail. W'endover, Ripaiing ago. market 5-IS lower.

ferings only moderate. No 2 white SHEEP 260. Compared with last aeek, 1S93 Fisher Funeral Horat )amcs F. Hearn 3202 MARKET ST. Our gerttce available to rcgardl'ss oj financial conditions nay.

nasty eue. oieppmg in; 3. Witle-kind. Crossing Over, Bungalow. Canteret, Choice Goods.

Jackemroa: 4. Jaue McCrea, Keswick Hill. Goody Goody. Machiila fat lambs 50 higher, good and choice 73-81 pound ewe and aether lambs 10 50-11 00 brought 38't to 41'a as to location. U.

S. Treasury Report Temperatures at Porter Reservoinr. p. m. yesterday Highest jesierday Lowest during night a.

m. today Noon today Tides at Marine Termfcal (Mouth of Christina Rivert fat bucks 1.00 less; few medium 9SO-10 00; Maht. Two Aces: i. Cornwailis Unherald SECURITIES AND COMMODITIES LAIRD, BISSELL MEEDS Meaabera NEW TORK STOCK EXCHANGB ftw Tarh CaHaa Baekaua Philadelphia stack Esrbaaga Nt- Tark Ce.a Esch.aga Kew Tark Caffea Camaaadity tachaaia. laa.

Sagar Eschaoga Chlcaga koar Tra DIPONT ftllLDINQ ed: 6. Mr. Walter. Justify. Fly Wing.

Mat- WASHINGTON. Dec. 3 iT). The position plain throwouts 8 00-8 50, slaughter ewes few good weighty offerings J-60- tapony. Duchess Del, Foggy Morn; 7 of tr Treasury on Dec.

1: Warner Bros. Pictures Will Elect Directors Five members of the board of directors of Warner Brothers Pictures, will be elected at the annual meeting of stockholders of the corporation on Monday morning, Dec. 12, at 11 o'clock in the offices of the Corporation Trust Co. The directors whose terms expire are: Samuel Carlis'. Stanleigh P.

Friedman, Charles F. Guggenheimer, Samuel E. Morris, and Morris. Wolf The holdover directors are: Harry M. Warner.

Albert Warner. Jack L. Warner. Joseph Bernhardt, Robert Huppy. A O'Connell.

Freestone. Eighth Receipts 811.706.12) 86; expenditures lis net balance 82.443.642 057 6s. sun race, declared on Weather Cloudy. Track Heavy. Fair f.reundi lnciuding 81.823.831.774 CJ working balance; customs receipts for tht month 41.161,- 524 39 4-CO, choice handyweights 4-50.

Marriage License Issued A marriage license was Issued In New York City today to Miss Martha Sandra Milkulak of New York City and Edwin Paul Mampe of 2401 West Sixteenth Street, this 1. All Ladv. Yule Star; 2. Michigan Miss Golokin. Jane W.

Oncave; 1, Frost Bite Receipts for the flcal year (since July Low 3 50 3:21 P. M. 5:05 5 30 25 7:10 7 53 35 and High A. 8:17 P. 8 35 High Tiles Tccar A.

Leweg 4 49 Kitts Hummock 6:14 Eombay Hook .09 Fort Penn Keedy Point 7:35 Chesapeake City 17 Data ccmpilJ by TJ. S. Cost Geodetic Surrey. 1. 81 234.497.537.50; expenditures 83 715 John Bane.

Catchall. Speycrest. Wild Blonde. Nedrow; 4. Manhunt.

Sua Fighter. 1Jli "Mrte" P62.7S7.C-3 including 81.216.165. 61.81 ot emergency expenditures; exceti expenditures 81. 480,565.240 52; gross debt ai8 new toatK Paul 5. Pokeawav Glasbv: 7.

Silver Palm. Caw Caw. Hasty Wave. Rocky tLMINGTON PBlLAOELrSO Telephona S-4341 Prince, Busgy. Hga.

Justa PV.eht, Gawaine city. The wedding will take place 639.113.791 43. an increase of 635.762 43! 37 over the previous day; gold assets 814. 326, 35.335.13. Eighth sub race, declared oft Weather Drizzling.

Trck Fast. W. Perkins, and Waddill Catchings. in January..