Stocks Stall On Day Of Mixed Downtick And Small Gains
U S markets halted the slide from recent highs but could not sustain morning gains. Rail, steel, motor, and metal stocks largely fell by two points with transfers of about 1.17 million shares. notable losers included American Telephone Bethlehem Goodyear Santa Fe and Southern Pacific. Western Union gained on a rate move, while several blue chips posted small advances amid a broad trading session.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Bethlehem
Goodyear
Santa Fe
Southern Pacific
Goodrich
Woolworth
Kennecott
International Nickel
American Smelting
International Harvester
Western Union
American Woolen
American Can
Dow Chemical
du Pont
Allied Chemical
J. I. Case
Texas Co
Public Service of N. J
Wyandotte
Potato Market Prices Chicago June 5 USDA
Potatoes in Chicago on June 5 report price ranges for several varieties. California long whites range 3.20 to 3.30 per 100 pound sack, Alabama Bliss Triumphs 2.75 to 3.15, Sebagoos 2.90 to 3.10, Mississippi Bliss Triumphs 2.25. All listed at No 1 quality in 100 lb sacks.
MENTIONED IN THIS ARTICLE
Chicago
USDA
California
Alabama Bliss
Chicago Produce and Wool Markets Reported June 5
Chicago receipts show butter at 92 and 90 score grades with prices around 44c and 40c, cooking grade 33c, plus 27,249 Exes cases with steady market. Mercantile exchange quotes Extras 1 and 2 at 35-361, 3 and 4 at 34.5-35.2, standards 1 and 2 at 33 1/2c, 3 and 4 at 32 1/2c. New York Wool tops futures closed unchanged with Oct at 133.0b and March 1947 at 132.0b.
MENTIONED IN THIS ARTICLE
Chicago
U.P
Mercantile Exchange
NEW York Wool
New York
Wool Tops
Prospective Juror Claims Obligation to Serve
A Denver juror candidate claims a duty to serve after listing occupation as general roustabout and citing his wife as employer. He quips that she is a slave driver and adds a joke asking for three cents postage if not given a job. The note also oddly urges use of scented powder for body fragrance.
MENTIONED IN THIS ARTICLE
Denver
J. B. Goodman, Jr
Junior
Wheat futures close at ceiling on gains in Chicago market
Chicago price action shows all wheat futures meeting ceiling prices for the first time with July at 1.9812 per bushel. Corn, oats and rye moved modestly higher or unchanged, while barley bids increased but offerings stayed light amid mixed cash grain scenes in Fort Worth and Chicago markets.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Slaughter Grades Firm Top Steers Hit 17 34
Kansas City reports cattle and calves mixed activity with steady to firm prices for choice fed steers at 17.34 dollars top, and good and choice ranges to 17.00. Cows and yearlings mostly 16.00 to 17.25, stockers scarce and market not strong. Sheep activity moderate with Spring lambs at 17.90 and skins pricing quoted.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Texas
Livestock Markets Report from Chicago Fort Worth and Oklahoma City
Hogs at Chicago inventory 10 500 with prices ceiling 14 85 for barrows and gilts and 14 10 for sows. Cattle at Chicago 7 500 with calves 400 and fed cattle higher on steers and yearlings. Fort Worth cattle 2 800 calves 900 steady to weak for fat cows. stockers steady with varied steer and yearling prices. Oklahoma City cattle receipts 1 200 calves 300 scarce beef steers unavailable stockers and good cows offered 10.00 to 12.00 with slaughter calves 9.00 to 16.00 and stocker prices around 16.25 for top lot.
MENTIONED IN THIS ARTICLE
New York
Chicago
USDA
Fort Worth
Oklahoma City
Cotton futures slip in final hour trading drop to 80 cents
In New York on June 5 cotton futures fell in the last trading hour with prices down five to eighty cents per bale. Nearby markets showed weakness as traders noted discounted bids and modest selling pressure amid light volume.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Self- Globe News
Cotton prices ease as spot closes mixed at New Orleans
Spot cotton closed steady to 25 cents lower with sales of 533 bales in New Orleans. Prices ranged with low middling at 22.75 cents, middling 28.00, good middling 28.40. Receipts totaled 5,826 and stock stood at 256,959 bales.
MENTIONED IN THIS ARTICLE
Galveston
New Orleans
Cotton prices slip at Southern spot markets
Average middling 15 16ths inch cotton across 10 Southern spot markets drops 20 cents to 28.17 cents per pound, average over 30 market days 27.90 cents, and middling 1 1/16 inch averages 26.54 cents.
MENTIONED IN THIS ARTICLE
New Orleans
Moslems Press for Pakistan as India Proposals Debate
New Delhi June 5 Moslem League leader Muhammad Ali Jinnah told a 475 member council that Moslems will not rest until a separate state of Pakistan is achieved and accused Britain’s cabinet mission of appeasing the Congress. He urged the council to accept or reject the proposals and warned against delay.
MENTIONED IN THIS ARTICLE
New Delhi
Mahomed Ali Jinnah
All India Moslem League
League Council
Pakistan
India
Congress Party
Jinnah
Java
Holland
Indonesia
Man Kills Wife and Dies by Train in Fort Worth
In Fort Worth on June 5 a 51 year old man Henry Lee Swackhamer shot his wife to death at their suburban home then walked in front of a Rock Island train. He died on the tracks a mile away. Their son Maurice L. Swackhamer 21 was injured in the struggle for the shotgun and two daughters ages 17 and 12 escaped through a window.
MENTIONED IN THIS ARTICLE
Fort Worth
Justices of the Peace
Henry Lee Swackhamer
Swackhamers
Maurice L. Swackhamer
Dusty Rhoades
Justice of the Peace
Frank Hurley
Swackhamer
Gus Brown
Rock Island
Birdville
Rhoades
Polish Scots Marriage Banter Links Nations
Two thousand Polish soldiers married Scottish women during their stay in Scotland. All are expected to return to Poland. The wartime liaison gifts a note of cross border ties amid the Polish push home from wartime postings.
MENTIONED IN THIS ARTICLE
Warsaw
Scotland
Poland
Mid Continent Meet Opens In Oklahoma City
Carl Young of Dallas previews the Mid-Continent district meeting on oil and gas developments and unitization. Oklahoma leads in unit operation law with its unique pattern and Tulsa’s regional attendance is expected to top 300, mainly from the Texas Panhandle.
MENTIONED IN THIS ARTICLE
Oklahoma City
The
American Petroleum Institute
Carl Young
Dallas
Mid-Continent
Young
Oklahoma
Allies May Put Skids Under Japan's Throne
Washington reports a Far Eastern Commission committee debated abolishing the emperor institution and basic democratic reform in Japan. U S opposition to unseating Emperor Hirohito was voiced by Maj Gen Frank R McCoy who praised MacArthur's handling of Japan. Russia Australia and possibly New Zealand may push the monarchy debate. Novikov again urged evaluating political effects of the emperor's tours. Australia’s Evatt urged treating this as part of the broader question of whether the monarchy should remain or be scrapped.
MENTIONED IN THIS ARTICLE
Wapamulo Rawusey
Japan
Committee On Constitutional and Legal Reform
Commission
U. S
Frank R. McCoy
Hirohito
Douglas MacArthur
Novikov
Herbert V. Evatt
Demand for Crude To Rise in June
The Bureau of Mines estimates domestic crude petroleum demand for June at 4,670,000 barrels daily, up from May’s 4,628,000. For all oils in 1946 the bureau projects 5,233,000 barrels daily. State by state, Texas remains at 2,050,000, New Mexico shows 98,000 for June, 99,000 for May.
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
Bureau
Texas
New Mexico
Firemen Rescue Locked-in Key Mix-up in New Orleans
In New Orleans on June 5 Victor Muleon a Department of Justice employee locked himself out of his second story apartment. Fire crews misheard and believed he was locked inside prompting a noisy rescue. A ladderman entered the window and freed Muleon who questioned why a locksmith had not been called.
MENTIONED IN THIS ARTICLE
New Orleans
Department of Justice
Victor Maleon
Hook and Ladder Department
Muleon
Hereford sale records fall at Silver Crest dispersal
Fort Worth June 5 Hereford section of the Jack Turner dispersal sale set a world high price record with total sales of 600511 dollars for 563 catalogued head and 589110 dollars in cattle auctions. Major herd sire Silver Domino 44th sold for 52000 to Hills and Dales Stock Farm of LaGrange Georgia. Buyers ranged from Vermont to California with Texans and Panhandle representatives active in the second day. Turner closes sale today to become secretary of the American Hereford Breeders Association.
MENTIONED IN THIS ARTICLE
David Rasco
Daily News
Fort Worth
Jack Turner
Colorado
Hills and Dales Stock Farm
LaGrange
Silver Domino
Sunshine Ranch
Steele
S. D
Vermont
Cali
Fornia
Turner
Panhandle
George Nance
Canyon
E. Brown
Spearman
Tindall
Mundy
Shamrock
Cliff Wimberley
Vega
Wimberiey
Oldham County
American Hereford Breeders Association
Milk Tops Farmers Cash Income Nationwide
Milk becomes the United States' leading cash income source for farmers, surpassing cattle, cotton, wheat, eggs, and tobacco in a broad shift of agricultural earnings.
MENTIONED IN THIS ARTICLE
U. S
Texas Oil Well Completions Rise
Texas reports 84 oil well completions last week raising the year total to 1 928 while nine gas wells bring the gas total to 290 and three wildcat wells added to the year totals. The June 1 crude oil allowable stands at 2 398 449 barrels, up 132 052 from May 25.
MENTIONED IN THIS ARTICLE
Austin
Texas
Railroad Commission
Wildcat
School Land Lease Brings Big Bonuses in Texas
The permanent state school fund tops 100 million dollars for the first time due to oil lease bonuses. Total bids yesterday reached 817,497 dollars with a 51,510 dollar high for 90 acres in the Brazos River bed by T. S. Loffland of Fort Worth. Bid acreage totaled 40,806. Awards to be announced in a few days, State Land Commissioner Bascom Giles stated.
MENTIONED IN THIS ARTICLE
Austin
U.A
Bascom Giles
Texas
Brazos River
T. S. Loffland
Fort Worth
Giles
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Sak Nittore
Rapido
Anzio
Rapido River
George Cs
Royal Summer Theatre
Willie
U.S
Tidewater Penne Eens
Union Carbide Seer
United Aircraft
Vu Ss Rubber
U S Steel
Warner Bros
Western Union Oe
Willys-Overland
Wilson & Coweeeae
Associated Press
Am Cyan
Cities Service
el Bond & Sh
Humble Oil
Star Gas
Corwith & Ou
Aviation Corp
Socony
Vac
Wat Pacil
Pow & Lt
St Columbas & el
Curtis Pub Se Anene
Np Marine Midl
Sears Rock Am _ Airlines
Pan Am Airways
Dow-Jones
Merrill Lynch
Pierce,ner & Beane
Associated Eee
Arch Top & Santa Fe
Illinois Central
Kan
Penn Rbr
St. Louis
Texas Corps
Merrill Lynch, Pierce, Fenner & Beane
Paper Tee
Tel Ee
Jones-Laughlin
Kennecott Copper Ae
Lockheed
Vwo& Glenn L. Martin
Waa
Montgomery Ward
Nash Kelvinator
Tee
Penney
Phelps-Dodge Eee
Phillips Pere
Socony Vacuum Eee Wewnee
Sou Ae Eee Ee Eee
Spiegal Inc Eee
Eeeee
Chicago Livestock
Wally Falk
Far Eastern Commission
Hereford
Ee Investment CO
State Department of Banking
Taylor Streets
Greyhound Lines
T. N. M. & O. Coaches
Trans. Company
Home Town News
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