Stepped Up Buying Puts Market to Five-Year High
New York stocks rose on May 31 with heavy volume over a million shares as industrials and rails led advances. The 60 stock composite gained to 534, with U.S. Steel Bethlehem Montgomery Ward Case &Khenley Delaware & Hudson and Texas Co up while Laclede Gas preferred fell sharply. rail loans and commodities also advanced amid confidence on the Italian military situation.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Italy
Associated Press
Mon- Gay
U. S. Steel
Bethlehem, Goodrich
Montgomery Ward
Case, &Khenley
Delaware & Hudson
Texas Co
Dupont
Pepsi-Cola
Laclede Gas
Park & Tilford
Chicago
Cotton Prices Rally Amid Bullish Trading
Cotton futures rise with gains of 65 to 80 cents a bale as traders anticipate higher textile ceilings. Market notes show closing ranges around 19.57 to 19.90 with March activity at 19.69.
New Jersey Florist Finds Plants Struck Down by Water Pollution
A Newark florist discovered his greenhouse plants grew weak and toppled after water from a nearby stream was contaminated by a bootlegger's still upstream. State agents seized the still and mash piping abandoned upriver. Plants later recovered to normal.
MENTIONED IN THIS ARTICLE
Newark
N. J
State Beverage Commission
Criminal Appeals Reverses Judgement in Ex Parte O M Redding
In Austin on May 31 the Court of Criminal Appeals reversed a judgement and ordered the applicant released on bail of 15000 dollars in the case Ex Parte O M Redding. Globe-News Want Ads Get Results.
MENTIONED IN THIS ARTICLE
Austin
Court of Criminal Appeals
O. M. Redding Potter
Globe-News
Markets at a Glance New York May 31 1930s
Stocks higher as leaders extend gains and rails hold firm in late dealings. Cotton steady amid steady demand from commission houses. Chicago wheat strong with light offerings. rye shows strength in sympathy with wheat. Stow holdovers about 7 000. Top cattle active with steers 10 to 15 cents higher, top price $17.35.
MENTIONED IN THIS ARTICLE
New York
Chicago
Arn S
Grains Rise on Buying Demand Across Markets
Grain futures closed higher as small buying orders and light offerings supported gains. Wheat led the advance with July at 1.62, oats and rye also higher, while barley softened. Lake Superior grain shipments in April set a new record.
MENTIONED IN THIS ARTICLE
Chicago
Winnipeg
Lake Carriers Association
Lake Superior
Wheeler Demo Convention Reports Somewhat Confusing
Wheeler County Democrats sent an uninstructed delegation to Austin amid debate over county convention results. Resolutions urged Gov. Coke Stevenson to head the Texas delegation and to restore the two third rule while Democrats choose their own members. Voter groups split on Roosevelt term versus GOP nominees with varied support across occupations.
MENTIONED IN THIS ARTICLE
Shamrock
Wheeler County
Austin
Crump
Wheeler
Coke Stevenson
Texas
State Committee
Texan
Good Neighbor Policy in Canadian Rail Project Progress
Canadian public works and Mexican laborers participate in a Good Neighbor Policy project. Mexicans work as section laborers for the railway between Miami and Higgins, earning remittances home and converting wages to Mexican currency. Steel rails advance about a half mile daily, with summer and fall needed to finish the program.
MENTIONED IN THIS ARTICLE
Rockefeller Institute
Mexico
South America
Miami
Higgins
Canadian
Santa Fe
Dallas
Tanker Driver Offers Free Gas to Motorists
In Raton New Mexico a stalled tank truck crashed into a curb on a hill. The driver chose not to let gasoline spill into the sewer and invited passing motorists to fill their tanks free and without ration coupons.
MENTIONED IN THIS ARTICLE
Raton
N. M
Livestock Prices Mixed With Gains in Cattle and Hogs
Kansas City market reports mixed moves with yearlings and cattle steady to 15 cents higher while hogs show strength in lighter weights. Arizona and Texas lambs hold above 15 dollars, with cattle volumes around 4 000 head and sheep near 7 000 head. Fort Worth and Chicago totals mirror steady to higher tone across steers heifers and sows, with buyers targeting top quality beef and light yearlings.
MENTIONED IN THIS ARTICLE
Arizona
Texas
Chicago
Fort Worth
Port Worth
U. 8
Tire Dealers Ordered to Supply Tires Without Certificates
The District Office of Price Administration in Lubbock said from June 1 to July 15 dealers may receive new passenger tires and tubes from manufacturers without tire rationing certificates. The change does not alter existing certificate processes at local boards and aims to improve distribution.
MENTIONED IN THIS ARTICLE
District Office of Price Administration
Lubbock
OPA
Voice returns as brother shatters silence after bomb
In Schenectady New York Marion Mastiani who had been speechless for 16 months after a Tunisia bomb concussion suddenly spoke angrily to his younger brother Mario protesting 16 year old Tony quitting school. Tony’s shout of joy followed as neighbors gathered to celebrate the first utterance since the injury.
MENTIONED IN THIS ARTICLE
Schenectady
N. Y
Marion Mastiani
Tunisia
Mario
Tony
Santa on the Trail at Fort Bragg
The Mounting tax sale notice announces the United States will auction Lot 41 Block 4 Industrial City Addition Amarillo Texas after five months delay from a Christmas package case involving Pfc Marvin L Rauch. The auction is set for June 8 1944 at 10 am in Room 329 United States Post Office and Court House Amarillo Texas.
MENTIONED IN THIS ARTICLE
Fort Bragg
N.C
Pfc
Marvin L. Rauch
North Africa
United States
Collector of Internal Revenue
Dallas
Texas
United States of America
Amarillo
Internal Revenue Code of
United States Post Office
Court House
Elk Hills Oil Contract Urged by Vinson in Washington
House naval affairs chairman Vinson urged immediate action to let Navy and Standard Oil California renew a contract for Elk Hills oil. Deadline is June 4 for a new operating agreement covering 44,000 acres. Vinson cited faster oil access from Elk Hills vs a Texas to California pipeline.
MENTIONED IN THIS ARTICLE
Washington
Pacific
Elk Hillis
Calif
Naval Reserve
Vinson
Georgia
House
Naval Affairs Committee
House Rules Committee
Navy
Standard Oil Company of
California
Rep. Elliott
Standard
Rep. Brown
Ohio
Texas
Censorship Leak Located in Washington News
A Senate subcommittee in Washington disclosed a leak in censored civilian mail circulated to government agencies. The probe follows exposures by Drew Pearson and Rep. Coffee of correspondence involving Vivien Kellems and Count Frederick Karl von Redlitz amid censorship issues. Senator Eastland warned the leak location would remain confidential.
MENTIONED IN THIS ARTICLE
Washington
Senate Post Office
Office of Censorship
Drew Pearson
Rep. Coffee
Democrat of
Vivien Kellems
Connecticut Industralist
Frederick Karl von Redlitz
German Steel Trust
Argentina
Eastland
Mississippi
Prisoner of War Chaplain Describes Internment Family
HATTIESBURG Miss Lt. Klein a Camp Shelby chaplain and his wife with five children were prisoners of the Japanese in a Chinese camp after Hankow fell. They sailed back to the United States aboard Gripsholm. A Lutheran missionary to China for 21 years he has three sons serving in the armed forces.
MENTIONED IN THIS ARTICLE
Hattiesburg
Miss
Herman Klein
Camp Shelby
China
Hankow
United States
Gripsholm
Lt. Klein
Well Shooters Must Pay Tax
A Texas Third Court of Civil Appeals ruling held that oil well servicing operations were subject to a 2.2 percent gross receipts tax. The decision, by Justice J N M Baugh, upheld the state's occupation tax on acidizing or shooting wells to boost production, rejecting a claim that the tax violated the constitutional ban on taxes on mechanical pursuits.
MENTIONED IN THIS ARTICLE
Austin
Third Court of Civil Appeals
J. NM. Baugh
Western Company
Chemical Process Company
Eastern Torpedo Company
George Sheppard
Justice Baugh
Tung Thriving In Southland
Tung oil production has surged from 1 160 tons in 1939 to 9 300 tons in 1943 as oil from tung nuts becomes a vital war material. Prices rose from 15 to 39 cents per pound amid efforts by Farmers across six Southern states to boost supply after China cut off tung imports.
MENTIONED IN THIS ARTICLE
Poplarville
Miss
Florida
Marshall Ballard, Jr
United Tung Growers Association
Ballard
America
China
Yangtse
Charles W. Goodyear
Bogalusa
Buffalo
N. Y
Alabama
Georgia
Louisiana
Mississippi
Texas
Plainview Curry Motor Freight Lines Ad
Freight line advertisement from Plainview listing contact phone number 2 3245 for Plainview Curry Motor Freight Lines Inc. seeking shipping and trucking services.
MENTIONED IN THIS ARTICLE
Curry Motor Freight Lines, Inc
Planes Produced Since Pearl Harbor Hit 171,257
Washington reports U S warplane output since Pearl Harbor totals 171 257 aircraft with a forecast of 100 000 more this year The War Production Board projects American production ahead of Germany by about 4 to 1 and ahead of Japan by more than 7 to 1
MENTIONED IN THIS ARTICLE
Germany
Japan
War Production Board of Aircraft Production Board
Pearl Harbor
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Close Ystys Prev Am
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Sl Socony Vacuum
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