Stock Market Dives as German Offensive Fears Roil Wall Street
New York traders fear renewed Allied setbacks as German breakthrough in northern France spurs pessimism. The Associated Press index fell to a two year low, with broad losses across steels, motors, aircraft, and mining shares. Bond and commodity markets tumbled alongside equities.
MENTIONED IN THIS ARTICLE
New York
France
Hitler
Wall Street
Associated Press
Stock Exchange
Standard Oil
N. J. Stock
Packard
U- 5
Teel
Bethlehem
Youngstown
General Motors
Chrysler
Caterpillar
Douglas
Boeing
United Aircraft
American Telephone
American, Smelting
Kennecott
American Can
Westinghouse
DuPont
Allied Chemical
Johns-Manville
Owens- Tiinois
American Woolen
Electric Boat
International Paper
American Aluminum
Heyden Chemical
Humble Oil
Mead Johson
Wave of Selling In Grain Market Brings Big Drop
The June 5 report from Chicago notes a new German attack on the western front triggering renewed grain selling. Wheat futures fell to the board’s minimums, with July touching 78 1/4 and other grains closing near minimums. A late rally narrowed losses but prices remained below yesterday. Cash grain markets show varied quotes across Chicago Kansas City and Fort Worth for wheat corn and oats amid weak demand and favorable weather.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Canada
Cattle and Sheep Market Tones Mixed in Kansas Report
Kansas livestock report shows hogs 2500 head with slow, uneven trading and steady to weak early bids. cattle salable 2000 with openings steady to weak, fed steers and cows in varied demand. Sheep 4500 head with light activity, spring lamb prices easing while asks hold firm on scattered sales.
MENTIONED IN THIS ARTICLE
Kansas
Chicago Livestock
Chicago
USDA
Rio
Fort Worth
Oklahoma City
July Cotton Holds Steady as Best of List Dampens Market
New York June 5. July cotton futures steady on trace buying while later months slip 6 to 9 points amid broad selling. Spot month tight as South supplies dwindle, with Houston offerings cut to vanishing point. Government stockpiles lure holders away from open market as hedging and foreign selling weigh on sentiment.
MENTIONED IN THIS ARTICLE
New York
Houston
Texas
Bombay
Worth Street
Oilfield activity reports slow but shows new pools
Field Developments and Petroleum News notes slowed development in the Midcontinent with several new pools in Illinois Texas and Oklahoma. Illinois reports three pools in Coles Wabash and Jasper counties and large Cen tralia wells. Texas notes pools in Gulf Coast Wilcox sand Colorado County and others with wildcat staking in Montague and Wichita counties. Oklahoma reports new pools in northeastern Noble County and Creek County with a gas discovery in Pontotoc County.
MENTIONED IN THIS ARTICLE
Illinois
Texas
Oklahoma
Coles
Wabash
Jasper
Clinton County
Centralia
Salem
Gulf Coast
Wilcox
Colorado County
Liverpool
Brazoria
Jackson County
Victoria County
Cologne
Dim Wells County
Sandia
Fitzsimmons Pool
Duvall County
Starr County
North Texas
Montague County
Ellenburger
Wichita County
Kansas
Forest City ‘Basin
Jefferson County
Stoltenberg
Ellsworth County
Brandt
Butler County
Noble County
Bection
Creek County
Pontotoc County
La-Ark-Tex
Atlantic Refining Co
Columbia County
Arkansas
Louisiana
St. Charles Parish
Cameron Meadows
Cameron Parish
Closing New York Stocks Mixed In Quiet Session
Stock prices eased in New York after a tentative early rally as declines appeared in some issues. Foreign exchange showed sterling slipping while cotton and sugar came under pressure and metals remained steady. In Chicago, wheat fell while corn held firm and cattle and hogs moved lower. telecommunication access figures noted for Britain and Ireland.
MENTIONED IN THIS ARTICLE
New York
Bombay
Oil Market Summary Midcontinent Steady With Mixed Fuel Readings
Tulsa reports a flat midcontinent refinery market with gasoline and naturals steady, kerosene active, and industrial and lubes unmoved. Crude firm and various fuel oil grades show mixed, wide ranging price quotes across water white, dark and cold test categories.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Upi
North Texas
Portales Woman Maude E. Rogers Dies in Clovis
Portales NM June 5 Mrs Maude E Rogers died after a stroke at Memorial Hospital Clovis following a brief illness Funeral services were held for her Survivors include daughter Mrs Evelyn Alsup Portales and sons Charley and George Rogers with other relatives She was the wife of the late R B Rogers
MENTIONED IN THIS ARTICLE
Portales
N. M
Maude E. Rogers
Memorial Hospital i
Clovis
Sadler Deplores Highway Death Rise Amid Tax Liens
In New Orleans a U S Bureau of Internal Revenue filing places liens totaling 56 323 38 against Win or Lose Oil Corp for 1935 taxes. The firm traces to James A Noe and Huey P Long family ties with Seymour Weiss as vice president. proceeds allow seizure of assets to cover the debt. In San Antonio Jerry Sadler blames fewer patrolmen and higher fatal accidents on a veto led highway policy shift. Olympia Brown Willis became the first American woman ordained as a minister in 1863.
MENTIONED IN THIS ARTICLE
New Orleans
Win Or Lose Oil Corporation
U. S. Bureau of Internal Revenue
The
Revenue Department
Gby
James A. Noe
Huey P. Long
Louisiana
Kingfish
Seymour Weiss
Earle J. Christenberry
Noe
John Tyler
Presidenta
Texas
Sadler
Olympia Brown Willis
Malone, N. Y
Supreme Court Dockets At Austin June Fifth
News-Globe want ads report several Texas cases with actions including reversed judgments vacated and remanded defendants dismissed rehearings overruled and motions granted in diverse counties such as McLennan Cameron Denton Gregg and Dallas. Cases include E H Greene vs Condor Petroleum Co D D Harrington vs Jack Johnson Texas Employers Ins Assn vs G A Roberts Southern Underwriters vs Pauline Jones and others.
MENTIONED IN THIS ARTICLE
Austin
Supreme Court
E. H. Greene
Condor Petroleum Co
al Taylor
D. D. Harrington
Jack Johnson
Ax Hutchinson
Texas
Ins. Assn
G. A. Roberts
Wichita
Southern
Pauline Jones
al Clay
C. M. Harris
T. H. Keoun
McLennan
Paul H. Brown
National Loan& Investment Co
Cameron
Harriett Jane Queener
Next Friend
A. F. Anding
Gregg
James E. Casey
Texas Power & Light Co
Denton
Dallas Joint Stock Land Rk of
Dallas
Walter Britton
Civil Appeals in San Antonio Court Grants Retax Costs
Proceedings in the fourth court of civil appeals granted Hidalgo County Bank and Trust Company’s motion to retax costs in the case Hidalgo County Bank and Trust Company vs Helen Barton Goodwin Hidalgo. The court also granted leave to file a supplemental transcript in McCollum Exploration Company et al vs G O Reaugh Hidalgo.
MENTIONED IN THIS ARTICLE
San Antonio
Fourth Court of Civil Appeals
Hidalgo County Bank and Trust Company
Helen Barton
Goodwin
Hidalgo
McCollum Exploration Company, Et al
G. O. Reaugh
Et al
Prosecution Under Connally Oil Act Nearing Tyler Grand Jury
U S Attorney Steve N King announced investigation of possible violations of the Connally hot oil act is under way Kilgore Texas He said ten cases and about 30 individuals are involved Evidence will be presented to a federal grand jury in Tyler starting June 24 He is assisting the federal tender board in preparing the cases.
MENTIONED IN THIS ARTICLE
Kilgore
Tex
U. S
Steve N. King
Tyler
King
Federal Tender Board
Texas Supreme Court ruling refines oil field regulation
The June ruling upholds a Texas railroad commission proration order for the Rowan and Nichols lease, reinforcing state control over oil production. Chairman Lon A. Smith urges reinstating the 20 barrel daily per well limit with a percent of potential remainder, while Sadler proposes a 50 000 barrel daily cut in Gulf Coast fields and a per well minimum. Assistant AG James Hart reviews the stay and Humble Oil case, and Justice Frankfurter comments on federal courts not overturning commission judgments.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
United States Supreme Court
Texas Railroad Commission
Rowan and Nichols
Gulf Coast
Jerry Sadier
Commission
Lon A. Smith
Smith
Fast Texas
Sadler
James Hart
Supreme Court
Humble Oil and Refining Company
East Texas
Prankfurter
Dewan and Nichols
Gasoline Stocks Rise In Latest U S Report
The American Petroleum Institute reports a weekly rise in nation gasoline stocks by 66 000 barrels with June 1 total at 100 453 million from 100 297 million a week earlier. Refinery gasoline production reached 11 798 million barrels daily, up from 11 498 million the prior week.
MENTIONED IN THIS ARTICLE
U. S
New York
Upi
United States
American Petroleum Institute
Indicted in Child's Death Near Fort Worth
Mrs Lorene White a 30 year old woman indicted by a Palo Pinto County grand jury for murder in connection with the death of her newborn child. She was charged in December but was not arrested then due to her weakened condition and remains held here.
MENTIONED IN THIS ARTICLE
Fort Worth
Mra
Lorene White
Palo Pinto County
Radio Schedule Highlights Day and Night Power Listings
A detailed Thursday schedule lists KGNC at 2500 watts day and 1000 watts night on 1410 KO. Programs span early morning to late night with NBC shows, music, drama, news, and live performances from 6:00 am through midnight including The Guiding Light, Kate Hopkins, Pepper Young, Arthur Godfrey, and Tommy Dorsey Orchestra among others.
MENTIONED IN THIS ARTICLE
Bkg
NBC
Alec Randolph
Tris
Charles Magnante
Frankie Masters
David Harum
Lone Journey
Guiding Light
Kate Hopkins
Angel of Mercy
Portia Blake
Life
National Farm and Home Hour
Arnold Grimm
H. V. Kaltenborn
Billy Briggs
Swinging Steel
Morris Spicer
Ma Perkins
Cirl Alona
Joseph Gallicchio
Munir
Li'l Abner
Malcuim Claire
Haryr Breurer
Rocky Gordon
Genial
Charlie
Bert Castle
Town Crier
Tito
Newn
Angeloan
TEN
Group Hospital Service
Adkisnon-Baker
Roberta & Olver Lumber Co
Tudin
California Melodies
MBB
Gonoen Co
Hollywood Reporter
Star Theater
Eee
English
Walter Irvin, Inc
Raymond Gram
Henry Weber
Eddie Dunemont
Raindrop
Nat
Len Reieman
MBS
TSN
Jack Denny
Griil William
Eddie Durham
Stue Baron
Railroad Worker Injured in Dalhart Fall at Roundhouse
C M Nixdorf, 47, an extra machinist for Rock Island shops in Dalhart, fell from a locomotive and struck his head on the roundhouse floor, suffering a basal skull fracture but showing signs of recovery. His home is 44 Pratt.
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Amarillo
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O'Donnell
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