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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 06, 1940

Page

9

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

Also Mentioned on This Page

Amarillo Galveston Patrick J. O'Connell Justice of the Peace R. M. Kupsa O'Donnell Kansas City CASH Dee 'Ie Tveen Crown Block Field Developments and Petroleum News Mitchell County Tra Scurry County Anderson County St Rity Marketa Denver Trinity D. A Woodbine New Mexico de Bacca County Mexico Buchana Dome Western Feeders Supply Company Texas Mills Amarillo Live Stock Sale Co Plymouth Rock Springs White Rock Springs Great Britain and Ireland M & Fdy Smelt &éRu A &T Éer Atl Refining Aviation Corp Barnsdall Bendix Aviation Beth Steel Uh Borden Colum G & el Golvents Consel Ot U S Steel Del Gen Motors du Pont Douglas Aircraft Ata Beth Steel el Power & Lt Gen Electric Freeport Int Pap & P M Gen Foods Republic ‘Steel Gen Moto Boeing Airp Pa Goodrich Lockheed Air Goodyear Studebaker Dow-Jones Howe Gound Fender & Beane Hudson al Hupp Harvester Hydro el A Suet Johns Manville Na Cu Kennecott Am Cyan Qoonneed Aire Rv Ark Nat Gas Am Gas & el Lorillard Rath Iron Marshall Field Bell Aire Mid Cent Pet Belanca Aire Brewst Aire Montgom Ward Nash Kelvinator Bridget Cition Service Nat Biscuit Crocker A Distillers Eagle Pich HL Bond & Bh Gulf Oil Nor Amer Co Humble Oila Nor Pac Lone Star Gas A Ohio Oil S Ning Hud Pac Gas & el Okla Nat Gas Packard Mot Red Bank Oil Pan Am Airways Penney Lt & Pow A Penn RR Ly i Phelps Dodge Oe Plymon Phillips Pet Tree Ind. Rails Util Sr Pullman Repab Steel Senees Seaboard Oil Sears Roebuck Teeenee Ua Shell Union Oil Simmons Ray x Stand Brands Tees Stan Caleres Ind Ain Stan Ol Baty Rails Indus Util Fren Stewart Warner Stone & Web Studebaker Ae Tex & Pac Ry i Tex Gu Tex Gulf Tex Pac C&o Tex Pac L Tran A'S Tide Wat A Oil Oy Trans West Air Union Carbide Seee Eee Union of Cal Seeeene Peeeene Sere United Corp United Drug United Gas Imp Walgreen Warner Bro West el & Aah Oolworth Eeeet Ley Tehee New York Metals Corn Valley Cori Ward York Louis 'Pas Huey Long’s Oil Co News-Globe Lata Baltimore M. A. Charlston Wollyswood Knikerbocker Kate Smith RADIO Hollywood, California Carter Vne Hawkins Buddy Rogers Reggie Gaa Ee Child KFDA Texas Drifters Jeoffrey Monitor News Btudio Hilo Lois Troy Laundry Bam's Club of the Diamond Bhop Packstage Wilfe Neighbors Gal Bunday Carol Leighton T&n Taylor Taye Texsbox| Ol TBN Frank Day Tire Red Crom World Bank Mas Pacific Paradise Japae Johnson Pianiat Bonnie Ruth ‘Taylor Musien Arta Conservatory Studin Palton Lewis Jones Bros Bob Fdge Che-Wapo Cha the O'Neills Ekateh Bud Barton Wls Scattergood Raines Annie Abner Wea Nbe Malcolm Claire Bill Btern Aporte Ed Baat Wis Genevie Rowe Vigna Paul Sullivan Lawrence Balerno Arthur Ha Etva Paul Velae Cati Lowell Thomas Wle Che-Wabs Mipa-Wead F. Wering Weat H. Foote Lynn Cole Fulton Lewin, Jr Mbarchate Nbc-Weat Mr. Keen Paul Bullivan Cbs Weet Dancing Music Orchestra Mba Wor All Star Revue Harry Kogen Orech Nbe-M Jim McWilliame Che-Wade Mba-Chain 555 Elmer Davis Che-Wabe Major Bowes California Rudy Vallee Morton Gmild Bing Crosby Nbc-Wis Glenn Miller & Orchestra Raymond G. Ewing Cbs-Wabe Mbs-Wes Florence Mhe-Weat Waring Tepeeie Sheree Cba-Wabe Amos and Andy Obs-West Hill Chain Dance Mos Lanny Ross Globe News
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