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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 15, 1948

Page

5

Baby Bull Market Stumbles Late Trading In Weak Rebound

A rising stock market closed lower in late trading after a week of gains. Demand favored oil and steel groups with non ferrous metals also performing, but broad selling pulled prices down. Volume rose earlier then contracted. US prices edged higher.

New York Associated Press Bethlehem Steel General Motors Montgomery Ward Caterpillar Tractor Schenley American Telephone Westinghouse General Electric Johns Manville Southern Pacific Gulf Oil Twentieth Century Fox US Steel Studebaker Glenn Martin Kennecott Copper Radio Corp

Markets at a Glance in New York June 14

Markets at a glance show irregular gains with steels in demand and mill buying boosting cotton. Bonds stay steady as rails improve. Chicago wheat and oats trade light with slight price movement. hog prices rise 50 cents to $1, top at 25.50. cattle grain fed steers and heifers gain about 50 cents.

New York Chicago

Grains Rally Lifts Markets In Closing Minutes

A late rally in corn and oats lifted grain prices, while wheat lagged. Midwest rains eased crop worries though some oats reports remained weak, and cash grain receipts rose as harvest moved ahead. Visible wheat supplies fell, while corn and oats rose on strength and hedging pressure eased. John Ireland Howe of Derby, Conn., invented the first successful pinmaking machine.

Chicago Midwest John Ireland Howe Derby Conn

Retonga Brings Relief After Long Misery Says Mrs. McDonald

Mrs. Arthur G. McDonald of Quitman Mississippi now living in Stonewall credits Retonga with restoring her appetite easing gas and indigestion and ending the need for harsh laxatives She reports better sleep renewed energy and ability to work at home and at her store The ad notes Retonga treats digestive issues and offers a money back guarantee with Cretney Drug Stores as the outlet.

Retonga Arthur G. McDonald Quitman Miss Stonewall Cretney Drug Stores

Stock Market Quotation Notes and Polio Death Report

A long OCR list of stock quotes from Merrill Lynch shows numerous tickers and percentages across rail, oil, and consumer firms, including Alaska Juneau Burroughs Allied Stores and General Motors. The page also notes a fourth polio death in Bryan, Texas, a 4 year old girl, Josephine Cloud.

Merrill Lynch Pierce, Fenner & Beane Air Reduction Budd Co Alaska Juneau Burroughs Ad Ailleghney Calif Packing Alleghney Canada Dry Allied Stores Canadian Pac Allis Chalmers Carrier Corp Amer Airlines Case Co Amer Cable&r Caterpillar Tr Amer Car&Fdy Celotex Corp Amer Chain&c Certainteed Pr Amer Locomot Checker Cab Amer Power&l Chesap & Ohio Amer Rad&ss Chicago Corp Amer Roll Mill CM St Paul Amer Smelt&r Chgo Ri&pac Amer Tel&Tel Chrysler Amer Tobaco CIT Financial Amer Woolen Colo Fuel Iron Anaconda Columbia G&e Anaconda Wr Columbia Carb Arch Top&sf Commer Credit Assoc Dry Commer Soly Armour & Co Comm &South Avco Consol Edison Baldwin Loco Consol Vultee Baltimore &O Barnsdall Oil Bendix Aviata Continent Oil Best Foods Crane Co Bethlehem Stl Crucible Steel Blaw-Knox Cuban AmSue E W Bliss Co Curtiss Wright Boeing Airpln Curtiss Wrta Bohn Alumnin Deer & Co Borden Co del & Hudson Borg Warner Distillers Corp Braniff Airway Doehier Jarvis Bridgeport Br Dome Mines Briggs Mfg Douglas Airer Briggs &Strat Dupont Bucyrus_Erie Faele Picher Bryan Bryan Bryan Josephine Ellen Cloud R. L. Cloud

Oklahoma City and Fort Worth Live Stock Reports June 14

Oklahoma City market shows cattle receipts around 4500 with steers and heifers trading unevenly. hogs active with top around 25.50. sheep steady with lambs near 29 to 30. Fort Worth round reports 7000 cattle and 2590 calves, fat cattle steady, hogs generally steady, sheep slow but near last week’s levels. Chicago produce lists poultry markets and dairy items with steady butter and egg prices.

Fort Worth USDA Oklahoma City Chicago Plymouth Rock White Rock White Rock Springs Plymouth Rock Springs Colored Springs

Feds Strong To .50 Higher In Midwestern Livestock Markets

Kansas City and Chicago reports show hogs advancing 50 to 1.00, top 25.50 for good and choice weights, with cattle and calves uneven yet generally higher on select lots. Slaughter steers, feeders, and stockers mix gains while cows and cutters lag. market activity varies by weight and class, with steady to higher bids on strong lots.

Kansas City

Legion endorsement for national commander in Stephenville

Perry Brown of Beaumont won the endorsement of the American Legion 17th District for national commander after a two day district meeting in Stephenville on June 14. The endorsement marks Brown as the preferred candidate among district Legionnaires and aligns with ongoing national leadership discussions within the organization.

Stephenville Perry Brown Beaumont American Legion

Gatesville Rodeo Crown Goes to Gatesville Champion Rider

Bill Barton of Abilene wins bareback and saddle bronc riding titles at the Gatesville rodeo in Gatesville, with the event dated June 14. Barton earns top honors as the champion bronc rider.

Cotton futures rise on aid and cotton policy signals

Cotton futures gained as Senate aid cuts and ECA cotton authorization boosted short covering and mill buying. Prices rose early, then pared gains. New Orleans spot closed steady with higher sales and middling at 37.16 cents per pound. Rubber futures also advanced on military orders.

New York House Senate Appropriations Committee ECA Washington Silewees New Orleans Ooo

Also Mentioned on This Page

Walnut Heath's Bargain Store Taylor Board of Trade N. Close U.P US Department of Agriculture Texas Galveston Amarillo Amarillo Grain Exchange Texas Common Texas Gulf Ports GOSH Wene Phil Hunter Lanson Croome George RS. Wadman Dolores Skene Fixxer Madame TS the Nabof Emma A. G. McDonald Denton Indians Danny Jess Rye Salomey Mister Dodders Iday Miranda Red Feather White Panther Sylvan Eastern Airlin Pepsi Cola Eaton Mfg Phelps Dodge Philco Corp Electric Pw&l Phillips Petrol Erie Railroad Pittsby&Bolt Farsworth Tv Plymouth Oil Pure Oil Firth Carpet Poor & Co Pullman General’ Biecerti Seheniey T Ears Seiberling Greyhound Samrk O&g Grumman Air Ron Steel Homestead M Ghell Bog Hall Simmons Co Ieenegan Ems Ae Sinclair Oil Houston OilCo Jones &Laugh Spg KC Southern Stewart Warn Kennecott Cop Swift & Co Laclede Gas L Stone &Webst Lambert Co Lehigh Sunray Libby McN&l Lockheed Airc Transc &Wa Minn Mol PW 20Th CentFox METRA Natl Biscuit US_ Lines US Pipe&Fdry Natl Cash US Rubber Western Auto NY Cent Westingh Airb North Amer Wetsingh North NatGas West Woolworth Panhand P&r Wyandotte Youngstn S&t Pennsy RR Youngstn Ltd Dr Pepper Curb Amer St&Trac Ark Nat! Gasa Amer Maracab Atlas Plywood Barry Biscuit Lone Star Gas Callite Tungst Nail BellHess Catalin Corp Ning Hud Pwr Central &Sw Northrop Aire Cessna Aircraft Pantepec Oil Pioneer Gold Colden Petrol Ryam Consail Crown Drug Solar Cuban AtiSug Sterling Inc Electric B&s U ™ Consultee la Socony Vac Farns Tel & Radio Ui Canad Pac Ander Prich Oil Nick Can Param Pict Sovices D Nash Kely Tu & Guantan Sug Os Corwich & South Ltd Oil NJ Richfield Beth Steel la Tide Watts Santa Fe Illinois Cent St. Louis SF Southern Pac Texas Corp Sweannee Es Ow Ken West Union Chicago Livestock Mia Ama Dee Lipinslehes Lev News-Globe Wayne Sear Galion Olan Ed Ls! Body and Trailer Inc Amarillo Texas Radcliff Supply CO
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