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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 07, 1935
Page
6
Threatened Hessian fly damage in Indiana Illinois and Missouri spurred wheat price rallies that failed to sustain. Rust developments in domestic winter wheat and flood losses supported the mood as prices moved irregularly with declines in corn oats and mixed shifts in futures and provisions.
Longview Texas lawmakers push a private hearing into East Texas hot oil irregularities. The House committee, led by Augustine Celaya, hears 13 witnesses and plans a longer probe with possible self-funded expenses to finish with a final report and recommendations.
Eleven markets report 24 000 cattle and 32 000 receipts, down from last year. Prices vary with top hogs at Chicago and St Louis around 10 dollars. cattle advance mixed with yearlings and spring lambs showing strength, while sheep mostly steady amid tighter demand.
Across multiple livestock markets and the New York and Omaha exchanges prices drifted lower or held steady. Oklahoma City and Denver showed uneven weakness in cattle and calves while hogs stayed largely steady. Wall Street remained cautious with mixed, down-leaning stock movements and a dim turnover.
Kansas City grain bids show mixed movement with wheat and corn edging lower or higher across various grades. No. 2 dark hard wheat ranges from 0.90 to 0.944 dollars per bushel while milo and corn prices reflect small adjustments with several grade brackets noted and near term contract shifts.
June 6 Chicago market roundup shows firm receipts across items. Fresh meats and poultry list steady trends with specific price ranges for hens, broilers, fryers, ducks, and turkeys. Cheese quotes include Twink, Daisies, Longhorns with mid single digit to low teens percentages.
Fort Worth reports price listings for spring chickens 18 to 200, hens 12 to 1, turkeys 18 and 18 for hens, with fee details and butter around 20 cents. Market notes show No. 1 candied at $6.00 and creamery butter prices.
New York sugar prices were largely steady as 26 000 bags of Cubas for July second-half shipment were offered to an operator at a thin level and June availability remained. Futures fell irregularly with No 4 contracts steady to 1 point lower and No 1 down 2. Sales reached 11 650 tons in No 2 and 1 850 in No 1. Refined sugar saw stronger withdrawal demand and held at 898 for fine granulated.
In Roston the wool market saw scattered sales of moderate volume. Demand focused on side and finer wool, with medium fleece steadiness and near nominal quotations for merino. Limited lots traded at the low end while larger lots remained firmly held at unchanged prices.
Coffee futures in New York edged down as scattered trading and uncertain demand weighed on the market. Prices declined across several contract months from July through May with varying spot readings and speculative activity.
The commodity notes show steady to mixed action across base metals. Copper, tin, lead, zinc and antimony quote at nearby and futures levels with slight shifts in spot quotes and futures values across markets in New York and St Louis.
A report lists prices for Wheat, Kafir, Oats and live poultry at local grain and produce houses in Amarillo. Wheat and Kafir per 160 pounds, oats per bushel, Leghorn hens and springers priced, plus old cocks and fresh eggs noting cases returned.
June 6 report from Walla Walla notes parachute jumping draws volunteers for an airshow. Hal Richmond, director, calls for jumpers, with 19 year old girl and 17 others among first signups. none had jumped before.
In New York stocks show irregular moves while metals and special ties advance. Cotton rises on trade and foreign buying. sugar stays quiet. coffee declines amid softer Brazilian markets. Chicago wheat and corn move irregularly with large Argentine clearances. hog prices dip to around ten dollars as cattle and grain markets shift.
Cotton markets rose slightly with New York gaining 7 to 11 points as weather concerns and weevil reports weighed. New Orleans futures closed 6 to 14 points higher with July up sharply. exchanges cited favorable weather, shifting demand, and a quiet loan outlook. Port receipts and stocks figures for both ports were reported, alongside season totals and weekly exports.
The list shows the fifteen most active stocks today with prices and net changes. Warner Bros, Natl Bis, Uni Corp pid, Chrysler Mtrs, Anaconda, Stand ON J, Socony Vacuum, Con Gas, Cornwith & South, Trico, Cerro de Pasco, Evans Prod, fen Motors, Weatinghouse, North Amer appear with varying gains and losses.
Kansas City born Richard L. Dobie, army trained, began the Kansas City to Chicago air mail run nine years ago. He becomes the first pilot to fly 1,000,000 miles for a commercial airline and receives his eighth service star after completing 8,000 flying hours with one firm. His total hours reach 10,500, equaling about 1,250,000 miles. He was recently assigned to briefly instruct German airline pilots in American aircraft.
A column by Roberta Lee answers etiquette questions. A secretary may ask a caller's business before passing a message. A man should not press a woman who is sitting out a dance. The bridegroom should have the bouquet sent to the bride’s home before the wedding.
Cotton prices eased across major markets as Liverpool and New Orleans reported softer spot values while futures in New York showed modest gains. Galveston listed varied grades with middling around 12.80 and 12.65 for different categories amid steady to firm oil prices and steady feed quotas in Texas mills.
Former Lieut. Gov. Lynch Davidson of Houston urged relocating Texas prison industrial units to hill country below Buchanan dam to harness cheap power. He proposed prisoner involvement in operating a textile plant with mining for alkali and minerals and quarrying granite and limestone, framing a plan for inmate industrial training in a prison plant.
Texas oil notes show May permits to drill statewide totaling 1 491, up 231 from April, with 796 new producers up 71 and 35 gas wells down six. Archer Anderson Duval Gregg Hidalgo Rusk Shackelford Smith Unshur Wheeler Wichita Winkler Young regions listed with counts. Sterling prepares 4 200 foot wildcat block south of Woodbine. two other wildcats planned by Smyer Drilling Ardmore Okla and Page McDaniel Wichita Falls. New Government Wells sand discovery reported near Seven Sisters field in Duval County. Wood welder test yields 25 barrels per hour at 2 481 feet.
Anahuac pool in Chambers County reported Humble Oil No 2 Middleton offset well tested 29 barrels per hour through a quarter inch choke. Pressure at 7 129 feet registered 1200 pounds with seven inch casing set to 7 076 feet.
Anderson County shallow test Hunt & Son No. 2 Alice Scott near Slocum reported oil and gas showings after swabbing completed yesterday. The well reached 1116 feet with another swabbing round forecast for today.
A report notes belief that packing plants and wool and mohair plants would prove feasible. The statement hints at potential industrial development related to meat processing and textile fiber operations within the region.
Governor Vasquez Vela of Vera Cruz attended a luncheon hosted by Governor Allred. The two governors met in San Antonio after Vasquez Vela's arrival for a Texas convention, following an earlier meeting the night before.
John C. Askam of Findlay Ohio told the eastern district of the American Petroleum Institute that modern engineering training is crucial to revive and profit from long drained eastern oil wells. He traced methods since the 1860s and urged curbing over production to conserve resources.
Operators of the Alma Oil Company said they will deepen the No 1 Mollie Low well near Kirkland from 5653 feet after initially planning to cement off salt water. The salt water discovery dampened local activity but lease holders and landowners remain optimistic the well will produce oil. the low well has shown 20 barrels on several tests and casing remains 23 feet from bottom.
Gov. Alf Landon proposes a meeting of governors from oil producing states to seek a cooperative agreement on production limits aligned with consumptive demand. He notes Oklahoma's leadership in a state compact plan and questions Congress ability to limit output beyond NRA decisions.
Phillips Petroleum Company assumed control today of Mead Oil Company of Tulsa for about 1.5 million dollars. Mead and Homer Mead, noted drilling contractors, led the firm with roughly 600 barrels daily in Osage County Oklahoma and East Texas fields, plus Indiana holdings.
Bert Stiver of Gunnison Colorado runs a hotel where he pays for guest dinners on days without sun. For 23 years, every sunless day triggers free meals, with the last free dinner in December 1934 and the first since 1932. His records show Gunnison had 17 sunless days in 23 years.
Five questions and answers covering grammar spelling and pronunciation. Topics include correcting the sentence use of try and go the pronunciation of promenade the misspelling erand versus errand the meaning of inexpugnable and the word remonstrate with a focus on oppostion and reasons.
Potter County Relief Board announced an added June relief fund of 6 733 funds bringing total Potter relief and administration for June to 38 468 35. May receipts were 47 434 with June still about 9 000 less than May. Chairman A E Meyer said the board urged Texas Relief Commission for Panhandle drought areas relief and noted the extra money came from FERA.
The Jasper County Lumber Company of Texas asks the Supreme Court to overturn verdicts favoring W. J. McNeill for injuries from a train crash near Jasper. McNeill said the train lacked lights or warning signals. a caboose struck his auto. Lower courts upheld an $8,200 award despite the lumber firm's claim of contributory negligence.
Three railroads of the Santa Fe Railway System submitted reports to the commissioners noting the rolling stock value at about 850000 dollars. The county approved the findings for forwarding to the state comptroller. Evaluations list Panhandle and North Texas 380114 dollars North Plains and Santa Fe 37438 dollars and Panhandle and Santa Fe 427854 dollars.
The Amarillo to Mexico City special train scheduled for June 14 was cancelled due to fewer than 100 reservations. Reservations came from the Panhandle and nearby states, but not enough by the 4 pm deadline to load equipment from Chicago. Rotarians may join a Fort Worth group for the trip to the convention.
The Ladies Garden Club of Athens asserts it is America’s oldest garden club, formed in 1891 at M. E. K. Lumpkin’s home with 12 charter members. They challenge the 1904 Philadelphia Garden Club claim and cite printed premium lists and flower show records.
June 6 report notes a large Cleveland jewelry store ran a massive newspaper ad offering $1 in trade toward any $5 purchase to anyone whose name topped a “list” printed in the ad. The list could be turned in to the store for the deal.
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