Wisconsin Rapids Daily Tribune (Newspaper) - November 21, 1942, Wisconsin Rapids, Wisconsin
Saturday, November Wisconsin Rapids Daily Tribune Buying Tide Ebbs as Wall Street Traders Cash Profits Dealings Are Sluggish in Short Session New buying tide ebbed in parts of today's stock market as profits were cashed on Friday's bulge and commitments lightened for week-end protection but gold mines and other post-war orites retained a degree of popu- larity. The battle news, dividends, earn- Grain Prices Advance, Rye Setting Pace A firm under- tone prevailed in the grain pits to- day -with rye futures, which were up. more than a cent, setting the pace for other grains. The rye market was featured by a scarcity of sellers, and traders said the strength in that pit large- ly reflected covering by previous short sellers. When prices rose ings and technical factors involved afcout cent> a little liquidation en- "'tered the pit but was unable to in the recent correction of the i lengthy recovery push still were props for bullish sentiment. Dealings, generally, were slug- gish although sizable blocks of low- check the advance. There was nothing in the run of news to account for the strength in any of the grains, but traders said priced issues, the majority of which sentiment apparently had been im- were about helped put proved by statements made before x_._ ,---------1----- the sena'te agricultural committee the two-hour volume in the neigh- borhood of shares. Closing prices were a trifle spotty and nar- row. International Telephone opened up a fraction on a trade at a new top for the year. Dome mines again touched a peak level for 1942. Occasional gaine-rs included N. Y. Central, Southern Pacific, Great Northern, U. S. Steel, General Mo- tors, Goodrich, Montgomery Ward, International Harvester, Homestake, Alaska Juneau, Douglas Aircraft, Standard Oil Consolidated Edison, North American and Union Carbide. Under water at intervals were Santa Fe, Northern Pacific, Ameri- can Telephone, Western Union, An- aconda, Kennecott, Phelps Dodge, American Can, General Electric, U. S. Rubber preferred, Republic Steel and United Aircraft. Bonds were a shade uneven. Com- modities did better. NEW YOBK CURB Alum Co Am...... Am Gas El Ark Xnt G.i-- A Perriu1 TA Bond 'EW YOBK CLOSING STOCKS Al Oil A: Dye......... 1H9% Al-Ch Jilfg Am Can Am Rad Am Smelt A T T Anacoiifla 20 Aim 3% 47. AUjtion 3% BendK- 34 Both Stl................... oG% r.ise Chrysler fiC'A Container Pont l-'S'A i; E -Vj Gen Foods 33K G M Goodrich Gnodvcar 22% Int Ilnrr 54'A Johns-M.mr CIVj Kennecott 29 Marsli Field 10 Mont Ward 3R% Am Avia 10% >or Am Co 11 >'or P.io Ohio Oil JO-% Penney T4i't Pure Oil 10% Jlepub Stl 14% Scott Paper 37% ffln St Oil Cat 2iij St Oil Ind 26't Stndebaker Swift Co T'n Carbide T'n Air Lines TJn Aircr TF R Rubber V S Steel AVest F.I M orth Ir-llow Toungst 40 28% 21 29 30% Livestock Chicago Cash Prices S. D. Salable hogs total a few lots of good and choice 200-250 Ib. weights steady with Fridays average at 13.50 to 13.65; top 13.65; part, of run common throw- outs; shippers took 200; compared with week ago all weights including sows 30 to 40 lower. Salable cattle 200, calves 100 compared Friday last week: two- way market on fat steers, choice to prime offerings 15-25 lower average good and choice kinds 50 down; common, medium, and lov good kinds steady; extreme top 17.35, practical top heavy steers 17.25, light steers 17.10, with ver? little above 16.75 late in week; con tinuous pressure on steers and year lings recently selling at 15.50 up ward, but fairly active trade on kinds turning at 14.75 down t 12.00 and below; fed heifers 15-2 lower, choice offerings showing mos decline: strictly choice heifers lati 16.25 after 16.50 paid early in week bulk 13.25-15.50; cows steady, fairh active, cutters 9.00 down, Canner 6.50-7.50; good grade western an tei.ded the three Masquers plays last evening at Alexander high school. While all three plays were delivered, the comedy "The Cutkoo" received the greatest spon- taneous applause and audience action. Between plays, Miss Thelraa Dahhn, faculty director of the s, was presented with a sheath of flowers by Carol Sanger, repre- senting the Masquers. Musical selections were presented by the orchestra before the opening cur- tain, and by two soloists, Georgia Kaufman and Donna Staege be- tween plays. Box office receipts exceeded ex- pectations, surpassing former years, as the auditorium was filled with townspeople for the perform- ance. Bill Benz, seaman first class, son of Mr. and Mrs. John Benz is here on a 48-hour leave from Charle- boix, Mich. Miss Laura Michael- son of Wisconsin Rapids is also a week-end guest at the Benz home. Gordon Baierl, student at tha University of Wisconsin, is visiting his parents Mr. and Mrs. Charles Baierl over the week-end. The Misses Dorothy Anderson and Grace Korbol and" Mr. and Mrs. Kenneth Podvin left this morning to attend the Wisconsin- Minnesota game and to visit friends in Madison overnight. Donald Rowe is spending the week-end with friends in Milwau- kee. F. R. Goddard jr. and Wayne Fagan drove to Madison today for the Minnesota-Wisconsin football game. GENOA WAREHOUSE DESTROYED IN warehous- es and sheds on the Mole Vccchio in Genoa, Italy, almost two and one-half acres, show the damage caused by fires set by RAF bombs during a late October raid. This is an official British picture. War in Pacific Flashes of Life Berkeley, Calif. (IP) E. J. Richardson, mailing superintendent of the University of California Press, wonders if termites can read Richardson had his mailing loom remodeled and painted to get rid of the wood chewers. But a new crew of termites moved in. They passed up the newly painted wood and consumed part of a booklet. The booklet's title: "The Control of Termites by.the College of Ag- riculture." Jap Base on Burma Road Heavily Bombed With American Forces in China, Nov. (Delayed) er-escorted American medium bomb- ers, striking down the Burma road free China, unloaded three of explosives today on the Japanese army base at Lungling, starting several fires and inflict- frorn tons ing heavy damage. The mission was led by Lieut. TO EXECUTE HOSTAGES London A DNB broad- cast from Berlin today said 10 gian hostages will be executed for the recent fatal shooting of the Bel- gian Nazi burgomaster of Charleroi unless those responsible for the at- tack are discovered by next Wednes- day midnight. Although better known for many of his lesser accomplishments, Ben- jamin Franklin was the inventor of bifocal spectacles. Col. Herbert (Butch) Morgan of Freedom, Pa., and was aimed chief- ly at a large munitions dump and barracks. After two runs over the target the bombers had caused fires -which billowed smoke so dense that the crews were unable to assess full results. A big cache of munitions, however, was believed hit. There was no air opposition or ground fire from the surprised Japanese and all the raiders re- turned to home base. ANSWERS TO WAR QUIZ Questions on Page 2 1. Petty officer, first class. 2. Field Marshal Jan Christian Smuts, premier of South Africa. 3- The First Lady on her re- cent visit to Great Britain. Don't Curtail Supply of Doctors, Is Plea Chicago (IP) Brig. Gen Charles C. Hillman, surgeon general of the Army Medical Corps, says that the supply of future physicians required for both the military and civilian effort "must not be curtail- ed at the source." Explaining that the lowering of the draft age to 18 created new problems to medical and pre-medi- cal students, Gen. Hillman express- ed hope that the war department would uork out comprehensive plans to assure a continuous sup- ply of new for essential industries and civilian communities. Gen. Hillman, speaking at an Am- erican Medical association confer- ence yesterday, said that unless provision was made to assure a minimum of two years' pre-medical education for those planning to en- tex, medical schools, "only women and the physically unfit would be able to enter medical schools." New Castle, Sul- phur Spiings, near heir, chickens sold for each, five gallons of motor oil brought milk was a quart, coffee a pound, and a sack of flour cost But stand back, Mr. Hender- aiticles were donated to the Parent-Teachers' association and auctioned off to war bond pur- chasers, who paid Submarine Peto Formally Accepted for Navy Service To Need New Farm Workers Manitowoc, Wis. (IP) The submarine Pcto, fit and ready foi immediate war duty, was accepted formally by the United States navy today. The first modern undersea ciaft built on the Great Lakes, her com- missioning was a triumph not only of the Manitowoc Ship Building company workers, many of whom have never seen salt water, but thousands of other Wisconsin fac- tory hands whose toil went into her machinery, controls and instru- ments. The Peto was accepted by Com- mander R. F. Hans, who repicsent- ecl Roar Admiral John Downes, commandant of the Ninth district. The ceicmony simple. The crew which will man this newest of Oncle Sam's scourges of the sea was assembled on deck. Comman- der Hans read his orders, then handed a receipt for the vessel to John E. Thiell, vice-president and i (Continued from Page One) snipers. They're always shouting in English from the trees." But the marines don't take tha Japs' word for it that the leather- necks are licked. Peterkin said. In- stead, the devil dogs have an easy job cleaning up the Japs, and now there is a saying on Guadalcanal that "The Japs fight for their lives, but the marines fight for souvenirs." Among the souvenirs taken from Jap bodies were a number of revolv- ers "made in Connecticut." Shoot Down 14 Jap Planes In the absence of more important nearby army bombers fro'm the Guadalcanal airport attacked cargo vessels in the Buin area at the southeastern end of Bougain- ville island, Nov. 18, the navy an- nounced, and shot down 14 enemy planes during the attack. No Am- erican losses were reported. Describing the slaying or routing of Japanese on the island aa "very Knox told a press conference that the Americans now outnumber the enemy on Guadal- canal. He declared that the Japanese "can bring in more reinforcements and fight their way but so far they. have been unable to do it." Newport, auto- mobile accident paralyzed sports- man David Fonse's legs, but not his love for hunting. Sitting in a wheel chair on his j secretary of the company, back porch, a gun in his lap, Foose called for his dogs. The dog turn- ed up a rabbit, drove it within range, and Foose fired. And the Fooses had rabbit for dinner. for new farm workers next year to meet food production re- quirements was foreseen by the bu- reau of agricultural economics to- day if present military induction and industrial employment trends EDUCATIONAL TOUR Fifth and sixth graders of the Biron school observed Book Week by coming down to the T. B. Scott public library on Friday afternoon to select books for home reading. The group also went through The Tribune plant to view the many processes necessary in publishing a newspaper. Their teacher, Mrs. Arline Ott accompanied them. continue. Agriculture, the bureau said, will lose a million workers from its labor force during the 12-month period ending next July 1. Indica- tions are, it added, that an addi- tional will have been lost by the end of the 1943 harvest sea- son. "At.the same the bureau the phea- sant hunting season ended, a check- up on results in Illinois bi ought this: George Rowchff of cap- tured an eagle he shot and wound- ed; Albert W. Zweifel of Elgin bagged a red fox; Bob Cernocky of Fox River Grove brought down two snow greese; JDr. George Xes- bitt of Sycamore caught four jack- rabbits and six rattlesnakes; a De- Kalb motorist killed a buck deer with his automobile; and another hunter shot up the Biownmg rural school, smashing a window and damaging the blackboard.. Commander W. T. Nelson then took as skipper. As the com- pany's band plaved the national anthem, the colors were hoisted to the mast, followed by the pennant of Rear Admiral Frederick Daubin, commandei of the Atlantic fleet's suhmarmp division, here for the ceremony. Admnal Daubin then greeted the crew. The Pcto, launched here April 30, will be taken to tidewater by way of Chicago, and the Illinois and Mississippi risers. Acceptance of the Peto accom- plished, attention here turned to ceremonies scheduled t o m o r r o w when a sister submarine, the Puff- er, will be launched. BOMBER CRASH KILLS West Palm Beach, The army today announced that two officers and a crew of four were killed in the crash yesterday of a light army bomber taking df from the Morrison field headquarters of the army air transport command's Caribbean ENGLISH TOPS IN SWEDEN is the most popular foreign language CALL TROOPS TO SHIPYARD guard re- serves were sent into the Bethlehem Fairfield shipyards today because of a factional dispute within the Inter- national Union of Marine and Ship- building Workers of America Commander Carl H. Abel, captain of the port of Baltimore, said today. said, "needed agricultural produc- j taught in Sweden's primary schools, tion next year would require Last year, of 2oO classes devoted 000 more workers than were avail- able in 1942." to foreign languages, 230 studied English. ADMIRAL BACK ON DUTY London Ten years ago Rear-Admiral Fischer Watson com- manded the battleship Nelson. He retired in 1933. Recent- ly he stepped ashore from his la- test command since he came back into 45-ton motor vessel of the naval ferry command. Rialto Theatre NeUoosa. Wisconsin LAST TIMES TONIGHT Judy Canova Ann Miller In "TRUE TO THE ARMY" SUN. MON. TUES. Bette Davis Paul Henreid Claude Rains In "NOW, VOYAGER" Also MGM Newsreel Sun. Shows 7 and 9 P. M. Monday and Tuesday One Shew Only at P. M. Reach Compromise on Suspension of Tariffs Washington A compro- mise bill granting President Roose- self wartime powers to suspend tar- iff and immigration regulations was approved unanimously today by a house ways and means subcommit- tee. Chairman Cooper (D-Tenn.) said evidence produced by the war and the navy departments had convinced the group that the legislation was vital to the prosecution of the war, but that in drafting the measure it had "tried to include proper safe- guards.'' Under its terms, aliens who gain- ed admission through suspension of the law would be permitted to re- main in this country for only si? months after the expiration date of 1 the act. NFWSPAPFK!