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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 08, 1944

Page

6

Market mixed as early gains fade on stocks and commodities

New York stocks wavered with prices irregularly lower after gains earlier in the session as auto and tech issues moved within narrow ranges. Packard led turnover while Studebaker Willys Overland and Nash hit new highs, others like Douglas Lockheed and Wright Aero softened amid Navy contract tensions. Cotton and potatoes reported varied in Dallas and Chicago markets.

Studebaker Willys- Overland Packard Nash- Kelvinator Crane Minneapolis Honeywell Hercules Powder Sears Roebuck Standard Oil N. J Stewart-Warner U. S. Steel Bristol Myers Douglas Lockheed Wright Aero Santa Fe Eastman Kodak Baker Seen Seen Eeewen Eee Tex Uit Suipt Hs Seseet Tere Ewnenee Non ‘Carbide Wen Eeeenne United Aircraft Steel Eran Renee Wilson Qoissrredeveeses Gh White Mc Tenner Eee Warner Bros Sseseeses Western Union Erstenes Zenith Feeetewes New York Packard Motenews Willys-Over Rere Nash Kelveee Stewart Tel & = Ltd Y Cent Braniff Airw Curtiss-Wright South Pac Giiwss Close Cyan B . Seve Ark Not Gas el Bond & Sh Humble Oil Pone Lone Star Gas Lt&é Pow A Merrill Lynch, Pierce Stock Market Quotationsenner & Beane NEW York Bonds Vestry Omestic Close Arch Top Tllinois Northern Pac Anaconda Enn RR Peter Wee Armour & Co St. Louis F Arch Top & Santa Fe Southern Pac Tee Aviation Corp Texas Corp Baldwin Locom Bendix Aviation Ween Bethlehem Chrysler Sinclair Oil Dome Douglas Aircraft Com General Electric Niagara Hudson General Foods General Motors Gillette Razor Harvester Tanee Tel & Tel Ee Kennecott Copper Tee Long-Bell Lumber Sane Glenn L Martin Gulf Otistetas Montgomery Ward Nash Kelvinator National Biscuit National Cantear N. Ze Shipbuilding North Amer. AY. Tee Ohio Oil Wee 1815 Packard Wees Pan Amer Airways Paramount Shell Union Oil Eee Southern Pacific Teen Standard Oil Ind Standard Oil N J Penn

Markets at a Glance in Quiet Trade

United Press reports stocks irregular in quiet trade and bonds irregularly lower. Curb stocks and Chicago stocks show mixed moves with cotton down as much as 55 cents a bale. In Chicago grains, wheat futures fall up to 2 and a half cents a bushel, corn down about 1.5 cents, oats off up to 1 cent, rye down as much as 3 cents, and barley lower by about 1 cent.

United Press Chicago

Glider lands in France boosts Greenville pride

Greenville students celebrate after the glider Fighting Falcon, bought in 1943 with bond funds, becomes the first to land in France. Elders take pride too as many helped craft the glider at Gibson Refrigerator Co. plant as the Army Airways Communications System runs from nearly 1000 stations in 48 states and 52 foreign countries.

Greenville Mich France Gibson Refrigerator Co Army Airways

Cotton Markets See Saw As Prices Reach Seasonal Highs

New York reports trade and profit taking push cotton to seasonal highs. Futures close down 5 to 40 cents a bale. July 21.14 others near 19.69. New Orleans spot steady, low middling 21.10, sales 302, receipts 6,721. Kansas City produce prices listed. Globe-News Want Ads Get Results.

New York Trade and Commission New Orleans Washington

Gas course highlights at University of Oklahoma

Max K. Watson of Amarillo served as general chairman as the Southwestern gas measurement short course opened at the University of Oklahoma. The event covered new technical uses of natural gas equipment and their peacetime production value.

Norman Okla Southwestern Gas Measurement University of Oklahoma Max K. Watson Amarillo College of Engineering

Doctors' Way Rectal Ointment Promises Fast Relief

An advertisement touts Thornton and Minor Rectal Ointment and Rectal Switches for pile pain relief. It urges using at home with a claimed quick effect and notes availability at drug stores including Cretney Drug in Amarillo.

Thornton & Minor Amarillo Cretney Drug

Wheat futures slump amid weak demand and quiet trading

Chicago on June 7 reports a broad decline in grains as futures ease due to lack of demand after yesterday's short covering. Wheat falls 2 to 2.5 cents, July at 1.60 on the board. oats and rye slip about 1 percent. barley down 1 percent. Fort Worth cash grain shows No. 1 hard wheat at 1.63 to 1.67 and sorghums around 2.40 to 2.47 per 100 pounds. Kansas City notes mixed moves with No. 2 dark hard wheat around 1.63 to 1.67 and July at 1.53 to 1.54.

Chicago Fort Worth Northern Shipping Point Kansas City

Supreme Court Reverses Insurance Board Reserve Ruling

In Austin on June 7 the Texas Supreme Court set aside a ruling by the state board of insurance commissioners requiring all insurers to create special reserves for policies issued to service men without a war clause.

Austin Board of Insurance Commissioners Supreme Court

Governor Stays Whittle Death

Governor Coke Stevenson granted a 30 day stay of execution for Clay Whittle condemned for murder in Houston County. The stay extends the date from June 30, 1944 to July 30. Whittle killed T. E. Kelley, an inmate at Eastham prison farm, on July 2, 1943.

Austin Clay Whittle Houston County Coke Stevenson Whittle T. E. Kelley Eastham

Civil Appeals motions in Seventh Texas district court

Texas appeals court in Amarillo heard motions including Adams versus Grogan Cochran Lumber and Knox versus Bailey to dismiss. Reversed and remanded instructions in Beaumont ISD versus Broadus. Submissions include Hufstedler versus Barnett, Johnson versus Robertson, Texas Employers Insurance versus Fort Worth Denver, and Weaver versus Wilson Independent School District. Also three Allied air crew veterans from Dieppe raid with Distinguished Flying Cross and Air Medal, including Capt. Jerry Collingsworth of Borger.

Court of Civil Appeals Seventh Supreme Judicial District of Texas Amarillo H. M Harry) Adams Grogan-Cochran Lumber Company J. H. Knox Frank A. Bailey E. W. Boyt R. I. Weiser City of Winfield Kan U.P Nazi Europe Dieppe Jerry Collingsworth Borger

Choice Beef Steers Steady at 15.60 From Kansas City Market

Kansas City market reports Choice beef steers held at 15.60 with other cattle and calves mixed, hogs and sheep showing varied prices. Chicago and Fort Worth rundowns reflect steady to slightly weaker trends for several weight classes and grades across major livestock markets.

Chicago Livestock Chicago Nebraska Fort Worth W.P

State Land Mineral Leases Open In Texas

State school land board announced bids for mineral leases covering about 10 700 acres mainly in West and South Texas will be taken July 4. Bids must be postmarked before July 4 at 10 A M and opened after the holiday. Some tracks lie in river beds near oil production areas. Aircraft movements by C A A control centers rose from 25 000 a month in 1938 to over a million a month in 1943.

Austin Texas State Civil Aeronautics Administration

Amusement Calendar Highlights Local Theaters and Clubs

The notice lists Paramount hosting Heavenly Body with stars Lamarr Powell and cast. Swing Fever with Kay Kyser. Capitol’s Spitfire. Rialto You Cant Ration Love. Leon Hoosier Holiday. Star Princess ORourke. Katyo, Benning the Ais, Footlight Glamour. Rising Sun and Destination Tokyo with Cary Grant and John Garfield. Tommy Tucker short. Night clubs in Old Tascosa Rainbow Gardens Mexican Inn Mayfair Nat Aviatrix Avalon Roy Garcia.

Paramount Hedy Lamarr William Powell James Craig Spring Byington Fay Bainter State Kay Kyser Marilyn Maxwell Capitol Tokyo Cary Grant John Garfield Tommy Tucker Texas Jourger ‘Ory Wallace Beery Dick Morton Rainbow Gardens Plainsmen Joe Palacio Mayfair Texas Bluebirds Fritz Cowan Aviatrix Carlton Scales Avalon Club Roy Garcia

Federal loan case arraignments set for July sixth

U S District Attorney Bob Smith Jr said 75 of 94 defendants named in a federal loan probe will be arraigned in San Antonio on July 6. In Laurel Mississippi the James No 1 well in Heidelberg Field by Johnson Drilling Co Longview reached the 1000 barrel class over the weekend. In cooking tips the instruction warns to lower heat as soon as smoking grease appears.

San Antonio Tex U.P U. S Bob Smith, Jr Mississippi Laurel Miss James No. 1 Heidelberg Johnson Drilling Company Longview

Panhandle Gas Rates Cut Upheld by Court of Appeals

The Eighth U.S. Circuit Court of Appeals upheld a Federal Power Commission order reducing Panhandle Eastern Pipe Line Co and subsidiaries rates to 6 1 4 per cent on a $4 363 925 investment. Judges Sanborn and Woodrough favored FPC deference while Riddick dissented calling the order confiscation. The Panhandle system spans 860 miles from Moore County Texas through Oklahoma Kansas Missouri to Illinois linking near Dana Indiana with an eastern line from Indianapolis to Detroit.

ST. Louis Eighth United States Circuit Court of Appeals Federal Power Commission Panhandle Eastern Pipe Line Company Tlliais Natural Gas Company Michigan Gas Transmission Corporation FPC John B. Sanborn Joseph W. Woodrough Walter G. Riddick The Panhandle Company Moore County Texas Oklahoma Kansas Missouri Illinois Dana Ind Indianapolis Detroit

Court Studies Gas Proration

The Texas Supreme Court will rule on the validity of gas proration by the Texas Railroad Commission. The case involves F. M. Cornelius and others over production restrictions in Harris County, with potential decisions affecting Panhandle and Rodessa fields. A writ of error was granted on Cornelius’s application.

Austin State Supreme Court Texas Commission F. M. Cornelius Iates H. M. Harrell Met Harris Storneys Supreme Court Panhandle Rodessa Cornelius

Radio Schedule Highlights From KGNC and KFDA

A busy thrice daily grid lists KGNC and KFDA programs hour by hour including The Sky Pilot News Sammy Herman Trio Today's Children and Morning Melodies. The schedule features NBC CBS and MBS shows with music drama and news programs across morning afternoon and late slots.

KGNC KFDA Sunrist the Trading Post Daily War Journal Sammy Herman Central Baptist Church Hal McIntyre NBC Alice Conway Lora Lawton Billy Mills Ail Blue Judy Jane Kfda Et Ted Fio Rito Tenaco Kong Peontime von Erba Sons of the Pioneers Eeda Tyemaee Ecleie Cedric Foster MBS Morton Downey Ma Perkins Pepper Young Albert el 325 Fong Stein Dallas den Norman Lorenzo Jones Young Widder Brown Gate Carter Tracy CBS MBS Dancing Music Orchestra Tim Healy Jack Armstrong Jeri Sullavan Volney Hurd Ted Pro Rito

Also Mentioned on This Page

Dallas Agricultural Marketing Service California Arizona Bliss Louisiana Bliss Ty Bee Globe-News Sesnewe Max Watson Nebbi Uncle Charlie Dixie Dugan Doctor Smith Yankee N. E Alee Borger Air Hero Liberty Billi Sseven Tom Neal Thur Rialto Ledestes LYRIC Penny Singleton Arthur American Legion Greater United Fair Grounds Thurs Garfield Mawen O'Hara the Hoosier Hotshots George D. Hay Dale Evans George Byron Mrs. Uppington Shug’ Fisher Lillian ‘Birdie’ Randolph 3 Stooges Polk Mrs. Appin Stooges Olivia de Havilland Robert Cummings Princess Tommy Tucker Orchestra Jeeper RADIO Ted Husing Arthur Hale Blue News Abner Aldrich Family Major Bowen Gabriel Heatter Bob Burns Alfred Antonini Abbott and Costello Raymond Ion Naty Bluerocom Dale Carnegie Rong Westeeard Joe B Brown Alr Richard Harkness Henry J. Taylor Lev Pennsylvania Biya Kong NBO Lamarr Henry O'Neill
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