Market Goes Into Reverse On Broad Stock Decline
The market fell to the lowest level since May 13 with the Associated Press average of 60 stocks down to 704. Volume totaled 1.1 million shares, down from Thursday, as 640 issues declined and 221 advanced. Heavy oil-stock demand faded, and concerns grew over a possible soft coal walkout at contract expiry.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Wall Street
Smart Boys
Pacific Telephone
Central Railroad of
New Jersey
Seaboard Air Line
Rock Island
Kennecott
Phelps Dodge
General Motors
Bethlehem
Liggett &Myers
National Biscuit
Phillips Petroleum
American Woolen
Oliver Corp
Goodyear
Fairchild Camera, and Aluminum Co
Ametrica
Todd Shipyards
Long Gets Way On Tax Program in Louisiana Senate
The Louisiana Senate gave final approval to Gov. Earl K. Long's tax plan amid protests it would raise up to 40 million dollars more than needed. The plan targets $70 million in new annual revenue, with taxes on coin gaming machines, gasoline, beer, sales, severance, and gas gathering. Collections to begin once enacted and signed, with house concurrence pending.
MENTIONED IN THIS ARTICLE
Baton Rouge
Louisiana Senate Today
Earl K. Long
Long
Senate
House
ITU Aims to Overturn NLRB Bargaining Ruling
AFL International Typographical Union attorneys said they would seek to upset an NLRB examiner's finding that locals refused to bargain in good faith except with commercial shops in six cities. Trial Examiner Howard Myers filed his recommendations with the NLRB. if not appealed, the report could become a board order enforceable by the appeals court. Van Arkel said the ITU would file exceptions to trigger NLRB review.
MENTIONED IN THIS ARTICLE
Washington
AFL International Typographical Union
NLRB
Howard Myers
National Labor Relations Board
Circuit Court of Appeals
Gerhard P. van Arkel
ITU
Britisher to address Texas Press Association convention
Gavin Astor of the London Times will speak at the Texas Press Association convention in San Antonio June 17-19. He is identified as the son of Col. John Jacob Astor, chairman of Times Publishing. The British publisher will speak at the Saturday luncheon before officer elections and awards. Journalists J C Phillips Ralph Julliard Clyde Warwick Forest Weimhold attend discussions.
MENTIONED IN THIS ARTICLE
Dallas
Gavin Astor
London Times
Texas Press Association
San Antonio
Vernon Sanford
John Jacob Astor
Times Publishing Company
J. C. Phillips
Borger News-Herald
Ralph Julliard
Pampa Daily News
Clyde Warwick
Canyon News
Forest Weimhold
Levell and
Hockley County Herald
Moral to This Is Dont Tell Your In Laws About Vacation
Mrs Lynn McConkey recalled a past vacation in which she wished they had brought the children and, this year, took the children along. The family rented eight cottages at Fish Creek for a two week stay Aug 8 21 with 26 of their own children plus 13 grandchildren and several in laws joining the group.
MENTIONED IN THIS ARTICLE
Argenta
Ill
Lynn McConkey
First Creek
Wis
Fish Creek
Markets at a Glance New York June 4
Markets at a glance report from New York with various indicators. Stocks lower on late selling, bonds steady with rail gains, cotton down on liquidation. Chicago wheat weak amid drive to cut foreign relief funds. corn and oats weak with Midwest showers. Hogs steady to 50 cents higher, up to 24.75. Cattle unevenly firm to 25 cents lower, top 36.00.
MENTIONED IN THIS ARTICLE
New York
Chicago
Wide Range of Stocks Quoted in Merrill Lynch Ledger
A long list of stock quotations furnished by Merrill Lynch Pierce Fenner and Beane includes numerous companies across industries such as Allied Stores, Lockheed, General Electric, Chrysler, Sears Roebuck, Texaco, and Westinghouse. Prices show percent changes and par values across banks, steel, oil, and manufacturing giants with many listings in the range of fractions to several percentages.
MENTIONED IN THIS ARTICLE
Merrill Lynch
Pierce Fenner & Beane
Lambert Co
Alaska
Juneau
Lehigh Portid
Alleghney Crp
Libby McN&l
Alleghney
Lockheed Aire
Allied Stores
Loews Inc
Allis Chalmers
Lone Star Co
Amer Airlines
Long Bell
Amer Cable&r
Soulay & Nash
Amer Car&Frog
Mack Trucks
Amer Chain&c
Glen Smartin
Amer Liocomot
Petr
Amer Pow&l
Minn Mol PW
Amer Rad&ss
METRA
Amer Roll Mill
Mektra
Amer Smelt&r
Montem Ward
Amer
Assoc Druids
Natl Distillers
Arch Top&sf
Atlantic Cstl
Wen Moan Orn
Natl Supply
Akg
Newbort Indy
Barnsdall Ot
Nocthmer
Bendix Aviata
North NatGas
Bethienem
Ee Rica
Packard Motor
Bohn Alumnm
Pw&l
Stone &Webst
Erie Railroad
Studebaker
Farsworth Tv
Sumray
Firth Carpet
Symington
Flinthote
Texas_Co
Foster Wheeler
Freeport
Tex Bac C&o
Tia Etn
Graham Paige
United Carbon
United Corp
W Sugar
United Gasim
Greyhoend Co
S Lines
Grumman Air
Snipe&Fdry
Gulf Oil
US Rubber
Homestake M
S Steel
Hood-Hershey
United ‘Wallop
Youngstn
Laclede Gas
Amer Lt
Tex
Avia
The
Meeks Columbus
NBC
Pepsi Cola Gen Electric
Gen Motors Param
Gress Canad Pac
Burling Mills
Pnt
Gad Sunray Oil
Wunstop Duzzitt
Natl Farm
Home
NEW York
Associated Press
US Navy
Santa Fe
Texas Wanderers
Illinois Central
Tenas
Kan
Texas
Wanderers
Penn RR
St. Louis
Texas Corp
West Union Ss
Pierce
NBC Fenner
Wheat on Skids For 3-Cent Loss
CHICAGO June 4 Wheat prices dropped more than 3 cents late on the Board of Trade with final quotes near the government support level. Corn and oats weakened. soybeans fell. Factors included cuts to Marshall Plan foreign relief funding and improved crop prospects after recent rains.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
House of Representatives
Uhlmann Grain Company
Fort Worth
USDA
US Department of Agriculture
Texas
Galveston
AMARILLO RADIO PROGRAMS AND LISTINGS
A dense scan of Amarillo radio station schedules and program names includes KGNC KFDA KVAI KAMO AM 1010 with morning devotions farm journal coffee club and various music segments. Notable shows include Sunrise Serenade Shoppers Special Abbott and Costello Junior Junction News and Variety Western Theater Piano Playhouse and Morning Sports Parade.
MENTIONED IN THIS ARTICLE
Amarillo Radio
KGNC
KFDA
KVAI
KAMO
Farm Journal
Coffee Club
Sunky
Joe Barnes
Martin Agronsky
Shoppers
This
Johnny Thomp
Dinning Sisters
Abbott & Costello
L. Murray
Junior Junction
Jimmie Dorsey
Western Theater
Piano Playhouse
ABC Symphony
Treasury
Krem
US Marine
Ernie Felice
Jim Aameche
Vet's
Bill Harrington
Ozark
Eddy Howard
Washington
Alan Lomax
Men of Range
Mutual Musicale
Cnas
Voice of Army
Lenny Herman
Orch
Chicago Market Prices Report June 4
Chicago dairy and produce market data shows 18 trucks on produce with steady No 1 prices. Butter totals 769609 lbs with firm quotes across scores and container types. eggs brown and white mixed at 38254 cases with steady prices. extras and standards pricing listed for current receipts and baskets.
MENTIONED IN THIS ARTICLE
Chicago
Cattle Hogs Sheep Prices Across Midwest and Oklahoma Markets
June 4 cattle and hogs across Kansas City Chicago Oklahoma City Fort Worth and Fort Worth markets show varied results. Cattle steady to weak with calves and feeders mixed. hogs mostly higher on weights 170 to 260 pounds. sheep and lambs active with solid demand in several towns. Oklahoma City notes slow kill but some yearlings and calves finding buys. Fort Worth reports steady cow trade and light stocker activity. Wool and commodities markets also noted with futures movement and price levels. Lana Turner to visit U.S. troops in Germany with eight posts planned.
MENTIONED IN THIS ARTICLE
Kansas City
Colorado
Chicago
Oklahoma City
Fort Worth
March Opens Race With Plea To Vets Teachers Old Folks
WACO June 4 March opened his gubernatorial campaign with a radio speech from the courthouse lawn. The 37 year old purple heart veteran attacked Gov Jester over the state tax and proposed a platform including repealing ad valorem tax and a state veterans bonus. He urged provision of minimum pensions, expanded public schools, and equal schooling for Negroes and whites.
MENTIONED IN THIS ARTICLE
Waco
Texas
Texas Quality Network
Beauford H. Jester
Jester
March
People of
Automatic Tax Board
Pioneer Airlines suspension halts Amarillo El Paso link
The Civil Aeronautics Board ordered Pioneer Airlines to suspend temporarily the Roswell to El Paso leg of its Amarillo to El Paso service. The ruling, issued yesterday, also surveys discontinuing Alamogordo and Las Cruces routes due to limited airport facilities and Army restricted airspace. The Amarillo to Roswell route remains active. The company hopes CAB will decide soon to resume service.
MENTIONED IN THIS ARTICLE
Pioneer Airlines
Civil Aeronautics Board
Roswell
YWCA Council to sponsor rummage sale at 1400 Arthur
The J YWCA Council will hold a rummage sale at 1400 Arthur all day Saturday to defray expenses for delegates from the Y Ette and Joliet Clubs. Proceeds fund travel and camp costs for a summer conference at Camp Parthenia near Tulsa for business and industrial girls.
MENTIONED IN THIS ARTICLE
J-Y Council
The
YWCA
Arthur
Y-Ette
Joliet
Camp Parthenia
Tulsa
Japanese American GIs Buried at Arlington National Cemetery
Two Japanese American soldiers Pfc. Fumitake Magato of Arlington and Pfc. Saburo Tanamachi of San Benito were buried at Arlington National Cemetery becoming the first of their ancestry honored there. They died in 1944 during the Vosges mountain battle aiding a lost battalion. Generals and congressmen attended as 650 Nisei sacrifices were honored, with Gen. Devers praising loyalty to the United States.
MENTIONED IN THIS ARTICLE
Washington
U.P
Arlington National Cemetery
Fumitake Magato
Arlington
Saburo Tanamachi
San Benito
Tex
Vosges
France
Erals
Army
United States
Jacob L. Devers
Devers
Ed Gossett
Texas
Gordon L. McDonough
California
Walter H. Judd
Minnesota
General Devers
United States Army
Pie
Lewis Ordered To Open Bargaining With Coal Group
Federal Judge T Alan Goldsborough ordered John L Lewis to bargain with Joseph E Moody of the Southern Coal Producers Association. Negotiations for a new soft coal contract resume Monday. UMW work agreement expires June 30 and a lapse could lead to a miners’ strike starting July 1 affecting about 400,000 workers.
MENTIONED IN THIS ARTICLE
John L. Lewis
Joseph E. Moody
Southern Coal Producers’ Association
T. Alan Goldsborough
Washington
Lewis
United Mine Workers
Southern Association
UMW
Old Fashioned Doctor Fading Says Texas Official
Dr. Allen Stewart of Lubbock, head of rural health for the Texas Medical Association, says the old time country doctor is fading but acknowledges his value. He credits cooperative community hospitals, owned by local citizens, with better rural care and keeping doctors in Texas towns. He notes 14 such hospitals exist with 47 more awaiting certification.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Allen Stewart
Lubbock
State Medical Association
Stewart
Amarillo Division Sets May Safety Record
James M. Aydelott reports the Amarillo division of Fort Worth and Denver City Railway had no accidents in May, praising all FW&DC workers for the safety milestone and calling it a credit to every employee.
MENTIONED IN THIS ARTICLE
James M. Aydelott
Amarillo
Fort Worth
Senators Connally and ODaniel Back Bill Blocking Social Security
In Washington on June 47 the Senate passed a bill to block extending Social Security benefits to an estimated 500 000 to 750 000 self employed persons with both Texas senators Connally and ODaniel voting for the measure.
MENTIONED IN THIS ARTICLE
Texas
Connally
O'Daniel
Senate
Fugitives Seize Yugoslav Plane Bound for Bari
Four plotters and two women hijacked a Yugoslav Douglas airliner over Belgrade forcing the pilot to land at Bari Italy. The plane carried 28 passengers and crew. A gunfight occurred in the cockpit as the hijackers claimed political motives and fled to a refugee camp near Bari. In Wichita Falls a man and his wife were shot. he died and she remained hospitalized.
MENTIONED IN THIS ARTICLE
Rome
Bari
Italy
Belgrade
Sarajevo
Ansa
Pascilla Manolic
Hercegovina
Anti Pascov
Dragutin Sporer
Spomenka Tomoric
Padua
Alexandra Petrovic
Yugoslavia
Bair
Paramount Homecoming and From Paramount News Reel
The calendar lists film showings at Paramount with Homecoming starring Clark Gable and Lana Turner plus a cartoon and Paramount News. Daily starts and multiple feature times are shown from 1 00 PM through late evening.
MENTIONED IN THIS ARTICLE
Paramount
Clark Gable
Lana Turner
Paramount News
Millie
Glenn Ford
Evelyn Keyes
America
Esquire
Robert Young
Barbara Britton
Capitol
Oxliahoma Badlands
Allan
Rocky” Lane
Noveltoon
Rialto
Gene Autry
Leon
Charles Starrett
Smiley Burnette
Telephone Strike Gets Busy Signal
New York June 4 The nationwide strike threat by long distance telephone workers ended as AT and T and the CIO American Union of Telephone Workers signed a 21 month contract aided by federal mediators. The pact grants fringe gains and a maintenance of dues clause while preserving a wage reopening and potential contract cancellation after June 2 next year with ratification by 25 000 members in 42 states.
MENTIONED IN THIS ARTICLE
New York
American Telephone and Telegraph Co
CIO American Union of Telephone Workers
Cadet Killed in AT-6 Crash Near Floresville Texas
Aviation Cadet Herman A. Stassen of Homer Louisiana died when his AT-6 training plane crashed about ten miles south of Floresville Texas during a routine cross country flight last night Randolph Air Force Base officials disclosed today.
MENTIONED IN THIS ARTICLE
San Antonio
Herman A. Stassen
Homer
Floresville
Tex
Randolph Air Force Base
Also Mentioned on This Page
Texas Press Group
New Orleans
Southern Pacific
Chicago Cash Grain
Amarillo Cash Grain
Amarillo Grain Exchange
Texas Common
Texas Gulf Ports
News-Globe
Adrian Rollini
Three Suns
Jay Morning R
New Gospel
Farm & Ranch
H. Farm & Ranch
H. Radio Bible Study
Old Corral
Sunny Avenue
DAY Evening News
Harry Wismer
Hawaii
Ross Dolan
Mal
L. Hampton
Haysoft Hoedown
Chicago Livestock
Lana
Frankfurt
Germany
Pioneer
el Paso
Y' Council
National Cemetery
O'Daniel Agree
Wichita Falls
John L. Gibson
Emma Gibson
Gibson
Palo Duro
Douglas Fairbanks, Jr
Maria Montez
TRAIL
West of the Pecos
Robert Witchum
NAT
Burh Rogers
Aviatrix
Carlton Scales
Frances Irvin
Robbie Stevenson
OLD Tascosa
Dick Morton
Avalon
Billy Briggs
XIT Boys
Sunde
Rainbow Gardens
Rip Ramsey
Club Victoria
Panhandle
Danny Shay
Pauline Lome Bard
Shaw
Davidson Frances Davidson
Ablelene
Jewel Davidson
Blackburne Shaw
Llano
Tn Brothers
Lamb Willis Madison Lamb
Eula Doris
Martha Ann
Joseph Lamb
Jimmy Jae Nell
Kearnie Adkisson
Boxwell Brom
Prosper
Sloan Neva Sloan
Dudley Clarence Sloan
Earl
Kendell
Raymond
Bernice
Geo. Fishburn
Bradford
Ralph Powell
First Baptist
Boise City
Okla
Griggs & Sons
Iegn
Bliss Martha Coggeshall
Elise
Edward N
Griggs Chapel
Ferguson Bertha Lowe Ferguson
Taylor
Daniel
Susan
First Presbyterian Church
Tolleson
John Hugh Tolleson
Llano Cemetery
Memorial Park Cemetery
Buthker’s
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