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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 08, 1933
Page
11
Reports show irreparable wheat damage from heat and drought while showers and cooler temps temper losses. Wheat closes near session highs with gains across corn and oats. provisions ease amid hog market declines. Kansas City and Fort Worth cash grain quotes show mixed strength and firm demand for wheat in Texas markets.
Grain received includes Wheat No 1 hard and Oats with price per bushel listed. Poultry prices cover eggs per case, colored hens, capons, slips, ducks, geese, turkeys, proilers and broilers with varying weights and price points.
Chicago June 7. Butter and eggs rise modestly while overall receipts remain sturdy. Cheese shows small gains, potatoes on track with light shipments, and regional russets and blers prices noted amid steady to weak market signals.
Midwestern Livestock Review reports receipts moderate across eleven market circuit with a generally steady trade for fed steers and yearlings. Prices mostly $5.00 to $6.25, some up to $7.00. light yearlings and red heifers sold around $4.75 to $5.85. Week to date receipts: 128,600 across eleven markets.
Fort Worth buyers report mixed cattle and hog价e declines and gains across classes with hogs 180-260 lb at 4.35-4.50, sows 3.75, cattle varied from light yearlings down to 6.35 for good fed types. Los Angeles market shows steady to strong cattle with top steers 6.00-6.50 and yearlings over 7.00, hogs 5.00-5.25, sheep steady to higher, while St. Joseph notes steady to firm fed steers and veal values and hogs 4.00-4.60 average.
Wichita Oklahoma City and Denver livestock reports dated June 7 show cattle steady to mixed with good to choice steers near 6.00 at Wichita and 5.50 yearlings. hogs around 4.25 to 4.60. sheep higher with native lambs up to 7.85. Denver notes beef steers 4.00 to 6.25, hogs steady to lower top 4.60, lambs 7.00 to 8.00. Amarillo reports butcher hogs 170-200 lb at 4.00 for Thursday.
Boston June 7 market reports Texas wool and French combing wools in original bags sold at 65 to 67 scoured basis. Graded French combing 64s and finer and 58 to 60s territory wools sold in similar ranges. Strictly combing 66s territory wools brought 60 to 62, 48 to 60s at 58 to 67 scoured. Original bag lines of French combing 64s and finer sold 64 to 65, shorter wool 61 to 64.
Coffee markets in New York June 7 show steady trade with local and commission house buyers. Santos futures closed mixed with a 1 to 5 cent range, No 7 varying 5 to 9 cents, and calendar quotes for July through May listed. spot coffee dull.
I E Musil must serve life imprisonment in the Texas penitentiary for liquor law violations. The Court of Criminal Appeals ruled today, noting Musil had prior convictions in Runnels County and that the habitual criminal act was invoked at his last trial.
Stocks rallied in some sectors with heavy buying of low price issues and strength in metal stocks. The 90-share composite hit a new high since 1931, bond averages rose, and dollar exchange fell amid foreign selling. Production and car output rose while rail issues softened after dividend cuts.
Trading in cotton was uneven with early declines followed by a firm undertone. July and December futures showed modest gains while New Orleans and Galveston spot prices edged higher amid fluctuating trading and favorable weekly weather expectations.
The curb market closed higher on June 7 as midweek business stats spurred activity. Utility shares like American Gas & Electric American Light & Power and Electric Bond & Share rose, while Niagara Hudson United Gas firmed. Sugar issues jumped on refined sugar price hikes. Crude oil production rose despite quiet oil stocks.
New York reports mixed metal quotes with copper showing strong spot and nearby futures around 43 to 48.50. Iron remains quiet, lead steady at 4.10 spot in New York and 8.95 in East St. Louis. Zinc quiet at East St. Louis with spot and future 4.30 to 4.35 and antimony at 6.50.
Markets report mixed activity across sectors with firm, low-priced stocks and irregular bonds. Curb shares gain while foreign exchange sees sterling at a new high. Cotton rises with a firm world market. sugar weak amid broad selling. Chicago wheat up on crop damage. corn steady. cattle slow but steady. hogs down 10 cents to a top of 4.80.
Bleachable cottonseed oil held steady in New York as yard demand and cotton firmness supported prices. Closing quotes were unchanged to 4 points higher, with contracts at 6.25 for near, 6.31 for July, 5.46 for September, 6.64 for December, and 6.79 for January.
New York money market reports call money steady at 1 percent all day. Time notes across windows 66 to 90 days 1 to 1 4 months 1-1 4 per cent. Price commercial paper at 1 percent. Bankers acceptances unchanged.
The market report from New York on June 7 notes a strong foreign exchange scene with modest upticks in several currencies including England, France, Italy, Belgium, Germany, Holland, Spain, Sweden, Norway, Japan, and Mexico. Czechoslovakia shows a slight decline while Russia remains at 5.1450.
New York reports that the Chicago Symphony Orchestra will air its second summer program from Chicago with Rudolf Ganz as guest, on WJZ NBC at 8 p.m. tomorrow. Maude Rooney will sing Songs My Mother Taught Me with the Howard Barlow Symphony on WABC CBS at 3 45 p.m. Also WABC CBS and WJZ plan to transmit a summary of play in.
The Panhandle chapter of the API will meet in Amarillo on June 13 to discuss Gasoline Taxes and Tax Evasion. Jack Dionne, publisher of the Gulf Coast Lumberman, will lead a forceful presentation on the subject. The event is in the Crystal Ball Room of the Herring Hotel and open to all citizens.
Humble Pipe Line Company surveys a 6 inch 24 mile line from the Fenn field in southeastern Ector County to the pool opened last fall by L. C. Harris and others. The line would continue north to Stanolind Oil & Gasco producers on the Dick Cowden Ranch. One carload of pipe has reached Douro on the T P Railroad southwest of Odessa. Five wells in the area lack pullets and three drilling tests are pending as leases near expiration prompt further exploration.
W. B. Farish of Houston Texas has been elected chairman of the Standard Oil Company of New Jersey. The post was vacant since November 1928 after the death of George N. Jones. Farish, then president of Humble Oil and Refining Company, plans to relocate to New York to assume duties. In Houston R L Blaffer was elected president of Humble Oil Refining Company at a directors meeting to succeed Farish.
Discrepancies in early year oil data show about 3,000,000 barrels difference between production reported to the proration department and barrels taxed by the state tax commission. Deputy proration umpire Dahlgren said 12,014,243 barrels were reported in Q1, while auditor Hudson testified taxes were paid on 15,032,527 barrels.
Radio listings show U S Open golf round coverage on WABC CBS at 4 and WJZ NBC at 5 30. Music programs feature Evan Evans Do Re Mi Trio and Freddie Rich Orchestra at 6 on WABC CBS and Xavier Cugat Orchestra on WEAF NBC at 4. Other segments include Trio Romantique Rudy Vallee Isham Jones and more across WEAF NBC and WJZ NBC with behind the microphone notes on Donald Nevis replacement Robert Simmons. CBS NBC plan to broadcast Catholic University graduation exercises June 14 with Roosevelt receiving Doctor of Laws. Oscar Ostling to be interviewed by Thyra Sumter Winslow in New York on Monday night about his first visit.
The record cites Professor Piccard reaching 63 672 feet in 1932 as the highest air altitude by a man and Beebe descending to 2 200 feet as the deepest sea depth recorded.
The Amarillo test by Woolsey and Devore six miles southeast of the city is drilling below 500 feet. Engine trouble has been solved and operations proceed smoothly.
Proceedings in the court of criminal appeals affirmed numerous defendants including John Burns from Lubbock Juan Luera from Dalham Hal Rancier from Ector and others and involved reversals remands dismissals and motions for rehearing with multiple submitters and state counsel listed.
In Dallas on June 7 observers expected higher oil prices amid talk of a federal oil coordinator and Texas measures aimed at curbing East Texas overproduction. The Texas Railroad Commission prepared for a hearing in Austin next Monday to review data and consider new production orders while 16 firms pursue injunctive relief against proration rules.
Rapid gain and frequent crying at 6 to 8 PM suggest overfeeding and late evening colic. Recommend scheduled feeds at 6 10 2 6 10 and 2 with possible omit 2 AM if the baby does not wake. Explain that crying then is likely hunger or digestion, not spoiled behavior.
A partial note describes rusting remedies by inserting items into a saturated flannel with machine oil to guard against needles and pins. The fragment offers limited context and does not name people, places, or organizations.
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