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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 07, 1958

Page

7

Wheat futures slip as harvest expands in southwest

Chicago June 6 Wheat futures eased on the Board of Trade as winter crop harvest in the southwest expanded. Cash prices fell below the government loan at many points while corn and rye held steady to firm. Reports said the Agriculture Department accepted subsidy bids of 20 cents a bushel on 1,819,450 bushels for export. rye gained on rain needed in northwest areas.

Chicago Board of Trade Southwest Department of Agriculture

Bonds Lower as Rails and Industrials Lead 1958 Highs

Long term government bonds closed lower in quiet trading while the corporate market rose on rails and industrials, reaching 1958 highs on the AP index. Trading on the NYSE totaled 5.28 million dollars per value, with gains in Baltimore and Ohio 44s 1995, Milwaukee Road 4s, and Con Edison 2 1 2s among others.

New York New York Stock Exchange Baltimore & Ohio Milwaukee Road Delaware & Hudson Missouri Pacific Con Edison Ohio Edison Pacific Gas & Electric Skelly Oil Westinghouse

Business barometer rises on steel gains this week

Sparked by gains in steel production, the business barometer shows another marked improvement this week, representing a cumulative increase of 7.6 from the year’s low.

Core Investing Companies Report Flux and Dates

Core investing firms show mixed trading. numbers 6.54 and 5.2 cited. Analysts note shifts in 20s measure with uncertain future.

New York Stock List Snapshot Shows Mixed Returns

A captured stock page lists various tickers and prices with mixed gains and losses. Fractions and percentages accompany company names, reflecting uneven performance across sectors.

Cotton futures irregular as traders await farm bill

New York June 6 AP Cotton futures closed irregular with final bids 20 to 35 cents lower or higher. Market slowed while traders awaited developments on farm legislation. Districts reported generally favorable belt weather and liquidity shifts as July and October contracts saw interest from short covering and hedging.

New York Washington New Orleans Commission House

Undersea Cable Linking Britain and Sweden Planned

Stockholm reports a plan to lay an undersea telephone cable linking Britain and Sweden. The project aims to improve transatlantic communications and connect major networks.

Britain Sweden Stockholm

Aircrafts And Oils Push Market To New Highs In 1958 Rally

New York June 6 1958 aircrafts and oils powered a stock market climb as fears eased with unemployment dipping below five million for the first time since January. The Associated Press averaged 60 stocks rose to 172.60, Dow up 1.05 to 469.6, with Avco Boeing Kodak and Amoco among active gainers and rail shares rallying late. Volume 2.68 million.

New York Associated Press Avco Boeing Jer General Dynamics el Paso Natural Gas I Iman Kodak Amerada Chance Vought Minis & Chemical Zenith 1 American Stock Exchange WU Sovernment

Grain futures and bond updates from New York market

New York June 6 AP reports trading activity on the New York Stock Exchange with grain futures moving and bond trading noted. Noted figures include sales and bond prices as cited in the market briefs.

New York New York Btock Exchange

Livestock Prices in Fort Worth Auction Market

Fort Worth market reports hogs at 50, sows down to 50s, calves about 75, other yearlings and cattle vary but mostly weak. Dealers note direct sales and untested lots. overall lighter demand with a lower bulk showing.

Fort Worth

Chicago Livestock Prices Rise Across Markets

Chicago market highlights show butchery prices up 25 cents or more for weights over 240 pounds with active receipts near 2,000 head. No. 1 grades brought around 23.50 to 23.75 for 195-220 pounds. 2-3 grades sold in the 22s. Cattle demand remained steady with some top cattle quoted at 28 to 31 and heifers at 19 to 21. In Kansas City, cattle and calves totaled about 2,500 with steady to strong bids and untested stock.

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Dividends Declared by Pestk Corp in Periods Notice

Dividend declarations listed for Pestk Corp covering payment periods. record dates and amounts summarized. Associated guidance references LAR and public filing, with notes on payable dates and distribution details.

Butter and Eggs Prices and Potatoes Market Update

Chicago wholesale markets show steady butter and egg prices with mixed components. Supplies and pricing for potatoes remain firm as arrivals and shipments meet demand, with regional and varietal price references included.

Chicago USDA Calina California Alma

Methodist Conference urges abolition of race discrimination in Texas

The Central Texas Methodist Conference voted to use influence to end race discrimination in employment housing public facilities hospitals and medical care. They also urged opposition to legalized horse racing betting and to lewd magazines. The resolution calls Methodist leaders in hospitals recreation facilities and courts to actively oppose discriminatory practices.

Fort Worth Central Texas Methodist Conference Texas

Tree land taxed in 21 states

In 21 states tree growers or landowners with trees or tree products face special taxes.

Atlanta States

Also Mentioned on This Page

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