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Amarillo Daily News in Amarillo, Texas

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Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 08, 1957

Page

3

Amarillo Cash Grain Prices Right Quoted

Market quotes from the Amarillo Grain Exchange show cash grain values for local delivery. Wheat No 1 hard ranges 2.34 to 2.44 per unit, Sorghums No 2 Yellow Mile 2.15 to 2.20, No 1 Wheat delivered locally 1.87 and No 2 Yellow Mile 1.60 per 100 pounds.

Amarillo Amarillo Grain Exchange Texas

Wheat Makes Feeble Rally in Chicago Trade

Wheat opened with a weak rally on Friday as export news and a Poland aid deal limited losses. July contracts for wheat, corn, oats, and soybeans slid to seasonal lows before modest gains. Corn finished higher, oats little changed, soybeans mixed, and rye inching up while lard moved lower.

Chicago Poland

Grain Prices Reported in Fort Worth Market

Wheat 1 hard 2.34 to 2.44 per bushel and corn 2 white 1.89 to 1.92. Oats 2 white 0.93 to 0.94. Oats 2 yellow near 2.15 to 2.20, with no cash wheat corn or oats in Chicago market as reported by AP.

Chicago Fort Worth

10 Millionth American Receives Social Security Payment

New York reports Mrs. Jane Gavin of Ozone Park Queens became the 10 millionth recipient. Her husband Joseph a WWII veteran died in an April train accident leaving two children Patricia and Joseph. Gavin received a $200 monthly check from Marion B Folsom with a presidential note praising earnings not charity. With life expectancy, the family may collect over $37,000 in total benefits.

New York Jane Gavin Ozone Park Queens Joseph Patricia Gavin Marion B. Folsom Health Education and Welfare Eisenhower

Meridian Man Elected President of Texas Postmasters

Jesse Gandy of Meridian was elected president of the Texas branch of the National League of Postmasters yesterday. Other Texas officers include Clay L. Allen of Wingate as first vice president, Mrs. Cleon Hinton of Forney as second vice president, P. T. Hoovestal of South Houston as third vice president, Areland Strickland of Redwater as fourth vice president, Dub Haney of Mountain Home as fifth vice president, and J. Axwell Holder of Nolan as secretary-treasurer.

Dallas Jesse Gandy Meridian Texas National League of Postmasters Clay L. Allen Wingate Cleon Hinton Forney P. T. Hoovestal South Houston Areland Strickland Redwater Dub Haney Mountain Home J. Axwell Holder Nolan

New York Bonds Snapshot From The Associated Press

Bonds listed include Atchison Topeka Santa Fe 4s at 95 to 100 percent St Louis San Francisco 44s 2022 at 68 Southern Pacific 4s at 69 to 94 Texas Corporation 3s at 65 to 94 and Pioneer Natural Gas around 101 to 103 percent values shown reflecting market quotes.

New York Associated Press Atchison Topeka & Santa Fe St. Louis San Francisco Southern Pacific Texas Corporation Pioneer Nat. Gas

ICC Okays Hike In Demurrage Rate

The Interstate Commerce Commission today authorized railroads to raise their demurrage charges by 33 1 3 percent. These fees are charged to freight patrons for undue detention of freight cars.

Washington The Interstate Commerce Commission

Woman Discovers Source of Disease in MS Breakthrough

Miss Rose R Ichelson a Russian born bacteriologist at St Luke s and Children s Medical Center says she isolated and cultured a spiral shaped germ responsible for multiple sclerosis after six years of work spinal fluids tests and culture medium allow further study. Walter Biddle Saul hospital research head called it the first step toward elimination of the disease affecting about 300 000 in the United States.

Philadelphia Rose R. Schelson St. Luke's and Children’s Medical Center Ichelson Walter Biddle Saul Research Foundation United States Saul

Fort Worth and Chicago Livestock Markets Report

Livestock activity shows mixed results across Fort Worth and Chicago markets. Sheep and lambs in Fort Worth weaken slightly with calves steady, hogs and cattle prices largely down or steady, while Chicago hogs slip and cattle and calves hold near prior levels with sheep limited. Produce prices in Chicago show butter and eggs largely unchanged or lower.

Fort Worth Livestock Fort Worth Chicago Livestock Chicago

Farm Prices Hit Two Year Peak in Texas

Texas farmers and ranchers received prices reaching the highest level in over two years for the month ending May 15, according to the U S Department of Agriculture. The all farm products index rose to 268 percent of the 1909 14 base, with crops at 256 percent and livestock products at 284 percent, up from a month earlier.

Austin Texas U. S. Department of Agriculture USDA

McDaniel Buys Control of Ambrosia Minerals Co

Paul F. E. McDaniel of Houston announces he has purchased control of Ambrosia Minerals Co of Albuquerque New Mexico from George Mellen for one million dollars in cash plus other considerations.

Houston Paul FE. McDaniel Ambrosia Minerals Co Albuquerque N.M George Mellen

Shamrock Declares 50 Cent Quarterly Dividend

Shamrock Oil and Gas Corporation directors met in New York and declared a quarterly dividend of 50 cents per share on outstanding common stock. The dividend is payable July 1, 1957 to stockholders of record on June 18, 1957.

Shamrock Oil and Gas Corporation New York

Oil and Aircraft Stocks Show Mixed Day on Wall Street

New York stocks closed with oils and aircrafts mixed after mid session weakness but some gains later. Industrials rose, rails fell, utilities slipped as the Associated Press average edged up 30 cents to 84.00 with 2.38 million shares traded.

New York Associated Press

Cotton Prices Ease on Slow Trade in New York Market

Cotton declined as profit taking and hedging met limited buying and short covering. Final futures ranged with declines up to 40 cents a bale. spot cotton in New Orleans and Dallas showed mixed lower quotes amid the lighter activity.

New York Associated Press Dallas Galveston Houston New Orleans

Ford Workers To Vote on Strike

In Dallas twenty six hundred Ford Motor Co assembly plant workers will vote on Monday about a plan to strike next Friday. They are represented by United Automobile Workers Local 870 after a two day grievance session on work standards failed to make progress and a twelve day strike notice was filed with Ford in Dearborn Michigan a week ago.

Dallas Ford Motor Company United Automobile Workers Ford Dearborn Mich

Indian Airlines to buy pressurized planes

Indian Airlines Corp. plans to acquire pressurized aircraft to expand domestic service. The move targets increased flight reliability and comfort for passengers amid ongoing route development.

India Indian Airlines Corp

Also Mentioned on This Page

Amarillo Daily News Merrill Lynch Pierce, Fenner Beane Alum Co Butler Bro Alleg Corp Burroughs Alleg Lud CIT Financial Allied Chem Canada Dry Allis Chalmers Amerada Carrier Amer Airlines Case Amer Can Amer Dynamid Cent & SW Am Home Am Mack & Fd Anaconda Colo Fuel &I Ander Prnch AC Columbas Armco Steel Col Carbon Spotlight Close Shell Transp Senaee Stand Oil NJ No Cent Motors Te Sunray Oil Atch T&sf Avco Mtr Babcock & W Baldwin Loco Balt & Ohio Colden Pete Bell Air Crane Bendix Avia Crucible Beth Steel Curtis Wright Blaw Knox Decca Records Deere & Co Boeing Air el Auto Lt el Paso Gen Motors Proc & Gamb E&g Gen Tire & R Bile Pullman Gillette SR Gimble Br Radio Cp Glidden Raytheon Goodrich Repub Avia Goodyear Repub Steel WR Grace Reyn Metal Gt Nor Rwy Rexall Drug Greyhound Reyn Tob Grumman Gulf Oil Royal Cut Halliburton Ruyberiod Homestein Safeway Houst S&p St Reg Paper Schenley Schering Interk Iron Schick Murray Cp Union Carb Natl Auto F UN Carbon Natl Biscuit Union el Nat Can Union Oil Nat Cash R Union Pace Nat Cyl Gs United Aire Nat Dairy P United Air Et Nat Distillers United CP Nat Mail Nat Steel UN Gas Corp Nat Supply US Steel NY Central Va el & Pw Nor Am Av Walworth Nor N Gas Warner Br Northrup Weste Air Nor Pac Ry Westy Elec Ohio West Union Ohio Oil Olin White Mott Oliver Wilson & Co Pac Gas & E Winn & Lov Oe Pan Am W.A Woodworth Panh Parke Day Zenith R Jupiter Calif Elec Pws Catalin Pacific Pete Elec Bond & Si Pantepec RYE Roy Southwat Meridian Man Postman ICC Bennis the Menace HoulLswak Onl Faberge Cologne Betty Brown White and Kirk Shamrock Dow-Jones WEW York, Jones &Dow-Jones Tnds Dwbans Tedway Fedway Sale! T’rair Chick Rose Symphony Windsor
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