Traders Unexcited as Market Dives to May 13 Level
New York stocks slid to the lowest average since May 13 amid light turnover. The Associated Press 60-stock average fell to 70.2 as 1,000 issues traded, with declines led by metals and oils while steels and motors showed some strength. Wesson Oil and Snowdrift rose on news of a proposed two-for-one split, and Consolidated Steel jumped after the Supreme Court rejected blocking the sale to Columbia Steel.
MENTIONED IN THIS ARTICLE
Associated Press
Wesson Oil & Snowdrift
Consolidated Steel
Supreme Court
Columbia Steel
US Steel Corp
US Steel
US Rubber
J. I. Case
Consolidated Edison
Kennecott Copper
American Smelting
US Gyp
Stock Market Quotations and Commodity Updates
Merrill Lynch furnished stock quotations with dozens of companies listed, including Alaska Juneau, Allied Stores, Caterpillar, Columbia G&E, United Airlines, and Westinghouse. Sugar and rubber futures moved with minor changes, while tractor prices rose up to 10 percent in Chicago, and Chicago produce markets reported firm poultry and dairy prices with Butter and Eggs steady.
MENTIONED IN THIS ARTICLE
Merrill Lynch
Fenner & Beane
METRA
Tex
Caterpillar Tr
Nash Kelvintz
Transc &Wa
Allis Chalmers
Chgo Ri&pac
Natl Auto Fibr
Oom CentFox
Amer Airlines
CIT Financial
Natl Biscuit
Union Bag&p
Amer Car&Fdy
Cole Fuellron
Natl Can K
Union C&c
Amer Chain&c
Columbia G&e
Natl Cash
Union Pacific
Amer Locomot
Columbia
Natl Dairy
United Arrest
Amer Power
United Airlin
Amer Rad&ss
Commer Sely
Natl Distillers
United Carbon
Amer Roll Mill
Comm &South
Natl Gypsum
United Corp
Amer Smelt&r
Consol Edison
Natl Steel
United Gasim
Amer Stove
Consol Vultee
Natl Supply
Amer Tobaco
Continent
Amer Woolen
Continent Oil
North Amer
US Rubber
Amer Zinc Ld
Crane Co
North NatGas
US Steel
Crucible St
North Pac RR
United Wallop
Ohio Oil
Walworth Co
Armour & Co
Gurtin Wright
Oliver Corp
Warner Bros
Assoc Dry
Packard Motor
West Indies
Arch Top&sf
Curtiss
Baltimore &Q
Doehler Jarvis
Penney
Westingh Elec
Barnsdal
Dome Mines
Penn Pow&Lt
West Va
Pap
Bendix Aviata
Douglas Aircr
Pennsle
White Motors
Best Foods
Dupont
Dr. Pepper
Willys Overand
Bethlehem Stl
Eagle Picher
Pepsi Cola
Wilson & Co
Blaw-Knox
Eastern Africa
Phelps Dodge
Wood (Gar
EW Bliss Co
Eaton
Harvest Puts Wheat on Skid in Southwest Harvest Puts Wheat on Skid
Wheat prices fell as rapid harvest in the Southwest advanced, with May 1949 wheat futures dipping to near seasonal lows. Reports show sharp hedging selling from the region, while corn and oats steadied on weekend showers. cash markets varied across Chicago and Kansas City with prices listed for No. 1 to No. 5 grades and soybeans up slightly.
MENTIONED IN THIS ARTICLE
Chicago
Mid-West
Southwest
Oklahoma
Enid
Okla
Board of Trade
Kansas City Cash Grain
Kansas City
N. Corn
Fort Worth
USDA
US Department of Aericulture
Texas
Galvestron
Amarillo
Kansas City Live Stock Market Pulse June 7
Kansas City market reports show cattle and calves trading at new highs with a top near 35.50 for choice fed steers and mixed yearlings around 35.00. Chicago and Oklahoma City also report varied gains for hogs, cattle, and sheep with steady to higher prices across weight classes.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Chicago
Kansas City
USDA
Livestock Auction Report Prices Mixed Across Classes
Cattle feed stockers and sows traded moderate with sows at 18.00 to 19.00 per hundredweight and good stocker pigs at 18.00 to 22.50. Sheep showing strength with spring lambs 26.00 and shorn lambs 20.00 to 23.50. Feeder yearlings 16.00 to 20.00, with the bulk of lots steady to firm.
MENTIONED IN THIS ARTICLE
Oklahoma City
Fort Worth
USDA
Final Hour Rally Puts Cotton Ahead
Cotton futures showed irregular trading with late-session rallies lifting prices above the prior close. In New Orleans, spot cotton closed steady with gains, while wool markets declined on hedging and profit taking amid light demand. Griffin offers a $25 reward for missing Ford missing since June 2.
MENTIONED IN THIS ARTICLE
New York
Commission House
New Orleans
Japan
New Ons
Griffin
Lower Pay for Limited Re hearsal Period.
Mayberry Sith and South Shore Chicago, Illinois, run shows all summer with a reduced pay scale during a brief rehearsal period.
MENTIONED IN THIS ARTICLE
Mayberry Sith
South Shore
Chicago, Ill
Dalhart Vet Edgar Bowling Reburied With Military Honors
Sgt. Edgar H. Bowling, 33, killed in action July 8, 1944, is being returned from Saipan for burial in Dalhart. Funeral Thursday at 2 p.m. at First Christian Church with VFW honors at Memorial Park Cemetery. Survivors include parents Charles and Mrs. Bowling, brother Marion, sister Mrs. Martha Haile, and wife Mildred Ridgeway Bowling who died in 1944.
MENTIONED IN THIS ARTICLE
Dalhart
Edgar H. Bowling
Saipan
Jett, Okla
XIT Post
Veterans of Foreign Wars
First Christian Church
VFW
Edmond
Oklo
Dalhart Schoos
Shamrock Lieutenant to Join Navy Research Seminar
Lt. James B. Clark of Shamrock in the US Naval Reserve is among 100 specially qualified reserve officers chosen for a Navy research program. The seminar, sponsored by the Office of Naval Research, will run in Washington, DC from June 9 to 23 and feature lectures by leading scientists and engineers.
MENTIONED IN THIS ARTICLE
James B. Clark
US Naval Reserve
J. B. Clark
Shamrock
Naval Reserve
Navy
Washington, DC
Office of Naval Research
Mobile X-Ray Unit To Stop One Day in McLean
The state health department mobile X-ray unit will visit McLean for one day as part of a county schedule. It will be in Gray County Aug 24 28 at Pampa except for the McLean day. the unit can handle about 1500 persons daily.
MENTIONED IN THIS ARTICLE
McLean
Gray County
State Health Department
Clifford Allison
Lester Campbell
Pampa
Also Mentioned on This Page
Amarillo Daily News
Gillette Bafety
Poor & Codoy
Gimble Bros
Pullman
St. Regis Papr
Gulfon
Safeway
Homestake M
St. Joseph la
Hood-Hershey
Schenley
Jones Laugh
Square D Co
Kennecott Cop
Stee
Brands
Sereesss
Laclede Gas L
Caspid
Tae Eet
Lambert Co
Oil Calif
Lehigh Portid
Stand Oil Ind
Libby McN&l
Stand Oil NJ
Lockheed Aire
Opi Switt
Ierce
Amer Lt
Kingston Prod
Ryan Conseil la Land&Expi
Lone Star Gas
Sterling
Rubber Market
Pi—International Harvester Company
Plymouth Rock
White Rock
White Rock Springs
Plymouth Rock Springs
Avia
Ms Radio Corp
Sinclair Oil
Greyhound Toes
Ealt & Ohio
Union Carbide
Burling Mills
NY Central
Sunray Oil
St. Regis
St Louis
Heath's Bargain Store
Taylor
Washington
White House
Truman
News-Globe
Phil
Fixker
MR. Poppof
Corrigan
Rubberfoot
Ted
BY Bess
Alley
Sahara
Nile
Qoco'ac
Chicago Livestock
Machine Laboratory
Heros Jrl
Coola
Danny Springs
Doddersworth
MR. Denton
Danny c
Ahas
Isn
He Cute
Cotton
Galveston
F.O.B
A. W. Griffin
North Taylor
Northeast Eighth
Mr. Griffin
Chicago Railroad Fair
WAYNE
Ceram and Beverage
Tulsa Winches
Roanea
al Paras
Radcliff Supply CO
East 5Th
Post Office
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