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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Jun 14, 1944
Page
7
Chicago reports butter receipts totaling 1,027,241 pounds with the market steady. Prices listed by quality include 93 score AA 41 cents, 92 score 40 cents, 90 score 40 cents, and 89-88 cents for lower grades. New Orleans spot market closes steady with a bale premium of 0 cents. quoted lows middling 18.24, middling 21.40, good middling 21.80. Receipts 7,053. stocks 277,944.
Readable table shows closing prices and percent changes for multiple stocks including Am Radiator Am Smelt & Ref Amer Zinc Aviation Corp Bethlehem Steel General Electric General Motors Studebaker Sears Shell Union Carbide United Aircraft and others. The data lists yesterday’s and current closing figures with percentage moves for each issue.
New York June 13 report shows 15 most active stocks with dramatic moves. Int Tel Tel leads gains at 1 percent higher on large volume, while Nash-Kelvin and Youngstown Sheet show notable declines. Am Cyan amid gains, and several rails and oil issues move, with bond quotes also listed for major issuers.
Chicago reports show wheat prices rising up to two cents as rust conditions in the southwest prompt fears of damage. The War Food Administration offered no exact loss estimate but warned some Texas soft and late hard wheat may be affected. Spores spread to Oklahoma Kansas Missouri and southeastern Nebraska.
Republic National Life names Oliver Eakle to a senior post in 2 5143 709 division. Details emphasize leadership change and corporate structure within the company. The notice highlights Eakle's appointment and the firm’s ongoing management reshuffle.
The Woodward Christian Church member and Kiwanis United Commercial Travelers member will be buried in Bluff City Kansas later this week.
Kansas City report shows hogs steady to strong with 180-270 lb hogs at 13.50 dollars, sows 10.00 to 10.25. Cattle and calves mix steady to higher on certain classes, top steer prices around 15 to 16 dollars. Chicago market notes hogs steady to 15c lower on heavy weights, cattle 10-15c higher, top steers 14.50 to 17.50 dollars. Sheep active with lambs strong, mixed runs but overall higher.
Fort Worth market roundup reports cattle and calves at 4600 and 1500 head with prices from 8.50 to 15.00, hogs around 2500 with top at 13.65 and 13.55, and sheep at 27000 with spring lambs from 12.50 to 14.50 and ewes and wethers 5.00 to 6.50.
Houston June 13 Three of every four bombs in Europe owe their power to toluene synthesized from petroleum. John R. Suman told the Southwestern District Division of Production, American Petroleum Institute that toluene for explosives and 100 octane aviation gasoline are top war products. He cited about one billion dollars in new facilities, with only 25 percent government funding. He added the industry expects postwar use for catalytic cracking. Also reported, E B Miller Jr described plastic plugback work in East Texas oil fields during early 1944, citing 679 jobs since 1942 and detailing plastic advantages in plugback operations.
Frank Baird age 69, a well known auto supply dealer, died Monday night in Woodward from an apparent heart attack. He had managed auto accessory wholesale houses in Alva, Pampa, and Dodge City for over 25 years, came to Woodward over three years ago from Pampa, and served as Sunday school superintendent.
A playful ad copy touts Wheaties as the Breakfast of Champions. It pairs milk and fresh fruit with Wheaties to entice readers to try the cereal as a second helping flavor.
New York June 13 futures markets rise on post war outlook with July contracts steadier and later months gaining. Late trading shows prices up to 45 cents a bale. July at 21.38 and Oct at 20.64 with futures 15 to 50 cents higher.
New Orleans futures market saw gains as futures advanced on trade buying and short covering amid tight spot conditions. Several months posted new seasonal highs, with closing prices showing modest gains. Texas spot quotes listed for Dallas Galveston and Houston.
The United States and Britain appear to align over General Charles De Gaulle with London signaling acceptance of De Gaulle’s aims while Washington maintains caution about recognizing a provisional government. The reporting notes tensions with exiled Polish Czechoslovakian Luxembourg and Belgian groups evaluating recognition amid Allied debates. De Gaulle is expected in the U S to discuss terms and possible recognition.
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