Wall Street Rebounds as Steel Stocks Lead Market Recovery
Market activity rose on a day of mixed wartime news as steel shares rallied amid reports of strong French resistance and mills operating at capacity. Industrials drew bids on domestic rearmament hopes and foreign demand, even as tax fears weighed. The Associated Press average gained slightly while turnover dwindled.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Somme
Italy
Stock Exchange
Associated Press
Wheat and Corn Stand Amid Market Wait for Somme Update
Chicago grain prices edged up briefly then steadied as traders waited on the Somme battle news. Wheat closed little changed to fractions higher while corn rose modestly. oats rye and soybeans held near session lows. Cash quotes showed No. 2 hard wheat around 82 cents and No. 2 yellow corn near 65-66 cents.
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Chicago
Somme
France
Isa Kran
Cattle Market Active Higher Across Markets June 6
Kansas City reports hogs 2500 head with prices 4.00 to 5.10 for 180-280 lb. cattle salable 1400 with strong demand for fed steers and yearlings, Colorado prices at 9.85 for fed steers and 10.00 for fed heifers. sheep saleable 4500 with lambs 7.50 to 8.50 and natives above 10.50. Chicago and Fort Worth livestock show similar firm activity, with hogs around 5.00 to 5.30 and cattle mostly 8.00 to 10.50 for marketable steers.
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Kansas City
Colorado Fed
Chicago Livestock
Chicago
Texas
Fort Worth
U. 8
D. A
Denver Livestock
Denver
U. S
Cotton Prices Jump Amid Helium Rally and Sterling Shakeup
New York reports show cotton prices rising after a sharp rally tied to speculation on British exchange reforms. Analysts note possible expansion of Allied buying power if the free sterling market is abolished, with late trading gains of several points and strong export figures for the week across Gulf Coast ports.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Produce markets ease as poultry receipts and butter prices steady
Chicago Produce notes receipts of 54 trucks with market ease for poultry. Leghorn hens and other fowl priced varied by weight, with meat prices and scores listed. Butter receipts total 1,196,786 pounds and market remains steady with several grade scores shown.
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Chicago
U.P
Plymouth Rock Springs
White Rock Springs
Canada Plans Refugee Haven for War Zone Children
Ottawa reports a refugee conference has drafted a broad immigration plan to house British and refugee children in Canada if Britain and France authorize their exodus, signaling readiness to provide havens for war victims from Europe.
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Canada
Ottawa
Dominion
Child chews dog leg after bite claim
Martins Ferry Ohio story describes three and a half year old Donnie biting a dog's leg claiming the dog bit him first. The dog Dusty in Bellingham Washington is noted for barking at a patrolman and averting an overtime parking ticket as Fred Hansen seeks police protection from the mongrel.
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Martins Ferry
Ohio
Harry Laase
Donnie
Dusty
Bellingham
Wash
Fred Hansen
Hansen
Bear sighting leads to $700 bond recovery in Nevada City
A bear in Nevada City startled residents as a man sought a $700 bonus bond. Termites destroyed most paper, but the bear’s encounter allowed officials to trace and return the value plus interest. Separate note from Roanoke concerns naming a spouse in a tax filing oddity. In San Quentin a prison gambling game uses numbered inmates to award tobacco sacks.
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Ironton
Ohio
Schwartzwelder
Nevada City
Calif
Henry Lewis
Schwartz
Washington
Lewis
San Quentin
California
Brine Returns to Groundwater as Oklahoma Oil Expands
An AP feature notes that Oklahoma wells produce vast brine as a by product of oil, with 150000 barrels daily pumped underground. The state funded disposal systems costing 1500000 dollars, reducing contamination and protecting water supplies. A Ponotoc County project yielded a 2600 barrel per day gusher in a dry- hole area.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Pollution Department
State Division of Water Resources
Pontotoc
Oil Men Await Changed Order In East Texas Proration
Texas oil men await action by the railroad commission following a Supreme Court ruling that could alter East Texas field proration. The commission may revive the old per well basis, lift 14 day month shutdowns, or adjust field allocations, with hearings planned to gather evidence before any new schedule is issued.
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Austin
Texas Oil
Railroad Commission
U.S. Supreme Court
East Texas
Commission
Hitchcock
Galveston County
Montague County
Lolita
Jackson County
Chapel Hill
Smith County
Colorado
Jim Hogg
Wichita
Archer
Wilbarger
Penwell
Ector
Discoverer of Oil In Moore Co Dies
A. D. Morton aged 68, veteran oil operator formerly of Oklahoma, died Tuesday in Los Angeles where his funeral was held Thursday. Morton drilled the first oil producer in Moore County and helped spark the Panhandle boom after starting wildcat operations in 1926 northeast of Dumas. A Tennessee native and McMinnville College engineer, he earlier surveyed Indian Territory for the interior department before entering the oil business.
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A. D. Morton
Oklahoma
Los Angeles
California
Tennessee
McMinnville College
Indian Territory
Interior Department
Five Civilized Tribes
Coati Mundi Confirmed in California
Sacramento reports the coati mundi, a predatory mammal expanding from Mexico, has been definitively identified in California. The creature, about raccoon size, feeds on fruit and flesh, according to the state division of fish and game.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
California
State Division of Fish and Game
Shell Union Plans Capital Reduction At Special Meeting
Shell Union Oil Corp announced a special stockholders meeting for June 13 to approve a capital reduction lowering stated capital from 993,672,821 to 196,059.75 and changing 20,000,000 authorized no par common shares to 10 shares of 15 par value. The plan preserves assets and equity while creating new surplus of 37,013,446 to offset premiums on subsidiary capital stock, with 14,036,397 available for corporate use though no distributions are planned.
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New York
Shell Union Oil Corp
Apecial Stockholders Meeting
Feathered Injustice on Pueblo Courthouse Lawn
Robins dig worms on the courthouse lawn while sparrows lurk for the worms. Kibivers report both birds are fat this spring, as robins and sparrows compete for prey witnessed on the lawn. News-Globe Want-Ads get results.
MENTIONED IN THIS ARTICLE
Pueblo
Colo
Kibivers
News-Globe
Art Objects Sheltered as Berlin War Threat Grows
Berlin museums shield priceless works by sandbagging the Pergamum Altar of Zeus and relocating paintings and sculptures. Officials aimed to protect irreplaceable pieces while keeping museums open, with exhibits moved to storerooms or remote sites as galleries display rescued art and wartime exhibitions.
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Berlin
Pergamum
Halle
Vienna
National Gallery
Germany
Boy Survives Bath Radio Electrocution in Colorado
In Wallenburg Colorado 17 year old Jack Johnson was singing in the bath when he knocked a portable radio into the tub. The radio shorted the water with electricity and paralyzed him until a brother heard his pleas and rescued him.
MENTIONED IN THIS ARTICLE
Bath Wallenburg
Colo
Jack Johnson
Johnson
Oil Market Summary From Tulsa in June Market Snapshot
Oil prices and fuels across the Midwest show mixed stability with gasoline and ventures holding steady while kerosene and industrial fuels move modestly. Crude in the midcontinent remains firm as regional listings reflect varied grades and cold test ranges across several products.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
North Texas
Italy
Bae
Kansas Allowable At Bureau Estimate
The Kansas Corporation Commission set June oil production at 159000 barrels daily and allowed an extra 15000 barrels of backlog allowable. Conservation Director Theo A Morgan said the June run would total about 174000 barrels daily, reducing backlog by half from roughly 900000 barrels. The June allowable matches the Federal Bureau of Mines demand.
MENTIONED IN THIS ARTICLE
Wichita
Kan
Corporation Commission
Kanes
Theo A. Morgan
Morgan
Federal Bureau of Mines
Oklahoma Pool Extension By Mideo Oil Corp
The Billings Wilcox pool in Noble County was extended a quarter mile east by Mideo Oil Corp. Harbison, near 22-22-2W, reported production last night of 70 to 80 barrels per hour from the Wilcox sand at 4,347 feet. Olympia, Wash, W. P. Taylor and family own Betsy the black widow spider kept in a glass bowl in the front room and the spider responds to Taylor’s approach.
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Rulba
Okla
Billings Wilcox
Noble County
Mideo Oil Corp
Harbison
Nwc
Sesw
Wilcow
Olympia
Wash
W. P. Taylor
Betsy
Taylor
New Yellow Pages Directory Delivers Shopping Help
Telephone users welcome a brand-new guide to local stores and services the Yellow Pages. The up-to-date directory helps locate garages beauty parlors florists and hundreds of firms by name address and telephone number. Call the telephone office to get a copy. Southwestern Bell Telephone Company.
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Southwestern Bell Telephone Company
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