Various Views of Washington News Disturb Wheat
Turbulent grain markets and lower wheat prices followed hopeful and conflicting reports on proposed maximum processing taxes and bonuses for farmers. Traders reacted to Washington plans while corn and oats held firm on hot weather fears. cash provisions and futures showed mixed moves as the day closed.
MENTIONED IN THIS ARTICLE
John P. Boughan
Associated Press
Chicago
Washington
British Exchange
Secretary of Agriculture
United States
Kansas City Wheat and Corn Prices Drift on Cash Market
Kansas City cash grain shows mixed moves as wheat holds near 70 while July futures trade around 70 with swings in other months. Corn and oats show modest changes, with bid prices quoted for No. 2 and white or yellow varieties, alongside nearby futures close readings. Fort Worth reports strong cash demand and varied delivery specs across wheat barley sorghum kaffir and corn, with No. 1 hard wheat at 83 and corn No. 2 mixed about 59-60 delivered Texas points.
MENTIONED IN THIS ARTICLE
Kansas City
Fort Worth
Chicago
Texas Gulf Ports
Texas
Amarillo Grain and Truck Prices Panel
Grain received includes wheat and oats with delivered in prices listed. Local grain sale details show five and two white wheats and various hens and broilers. regional delivery points noted across Fort Worth Amarillo and Minnesota routes.
MENTIONED IN THIS ARTICLE
Witento Pate Caress Milo
Katffir
Amarillo
New York Coffee Prices Dented in Trade Report
In New York on June 15 price activity showed a lower trend as coffee traded on commission houses and lo aight. The market closed about 13 lower with No. 7 offerings noted and other varieties affected by the session.
MENTIONED IN THIS ARTICLE
New York
Trade and Commission House
Cattle Supplies Moderate Prices About Steady at Midwestern Markets
Midwestern markets show steady to moderate cattle supplies with slow trade. Feeder and fed cattle mixed, with declines in killing classes, top quotes in Chicago for yearling steers and medium weight steers, Kansas City reports on hogs and cattle with varied weights and prices, receipts around 20,900 across 11 markets.
MENTIONED IN THIS ARTICLE
Midwestern Livestock Review
Kansas City
U. S. Dept. of Agr
Chicago
South Texas
St. Louis
US cattle and hog markets across major western yards
Prices and receipts from Chicago to Amarillo show hogs uneven, with steady cattle demand in Chicago and Fort Worth. Los Angeles, St Joseph, Wichita, Oklahoma City, Denver report mixed gains and declines across hogs, cattle, and sheep, with top quotes around 4.25 to 7.25 for cattle and 4.50 to 5.66 for hogs, while alfalfa and feed costs influence regional shifts.
MENTIONED IN THIS ARTICLE
Fort Worth
D. A
Wichita Livestock
Wichita
Boston Wool Trade Improves in Western Wool Market
Western grown wools see higher activity than last week with strong inquiries for fleeces. Prices held from early week levels with Texas 12 months at 68-70 cents secured and averages at 65-68 cents. French combing and territory wools range 64-80 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
Texas
Chicago produce market shows steady tone across items
In Chicago market reports dated June 15, prices remained steady across foods and goods. Butter and poultry markets show overall flat pricing with varied receipts, while potatoes and cheese note price ranges and regional shipments, including Bliss Triumphs and cobblers in multiple sacks.
MENTIONED IN THIS ARTICLE
Chicago
U.P
Alabama
Louisiana
North Carolina
Wisconsin
Michigan
Idaho
Foreign exchange rates fall across major currencies in New York
The June 15 New York market shows weakness in foreign exchange with the pound down 4.06 percent and the Canadian dollar down 6.05 percent. Other major currencies including the German mark Belgian Belga Swiss franc Holland guilder peseta krona Norway krone Czech crown and Japanese yen also show declines and minor adjustments in quotes.
MENTIONED IN THIS ARTICLE
New York
England
Germany
Belgium
Belga
Holland
Spain
Sweden
University study notes corn tops peat soil crop values
In experiments by University of Minnesota agriculturists to determine best crops for peat soil corn produced the highest acreage values. The report lists various price figures and crop results, highlighting corn as the leading option in peat soils.
MENTIONED IN THIS ARTICLE
University of Minnesota Agriculturists
Bull Market Slips as Dollar Value Advances Rapidly
New York June 15 Stocks fell as the dollar strengthened marketwide. London reported near agreement on stabilizing the currency, dampening speculative enthusiasm and triggering heavy late-day selling across many favorites. The day’s losses widened, with the Standard Statistico-Associated Press composite down 5.8 points and volume at 4,923,240 shares.
MENTIONED IN THIS ARTICLE
John L. Coolty
Associated Press
New York
London
Stock Exchange
Wall Street
Federal Reserve System
New York City
Banka
General decline about $2 a bale in New York cotton
New York today faced a decline of about $2 a bale driven by late stock market weakness and Washington acreages plan uncertainty. July and December futures fell, with steady Liverpool prices ignored amid processing tax talks under the Agricultural Adjustment Act. Cotton notes report season exports down from a year ago and ongoing strong domestic mill consumption while West Texas moisture needs persist.
MENTIONED IN THIS ARTICLE
New York
Washington
Liverpool
Peises
Worth Street
West Texas
New Orleans
Manchester
Lnet
Galveston
Houston
Trading on the curb shows mixed early gains
On June 15 in New York curb trading cooled from heavy early turnover. Stocks like Walgreen Swift & Co and A T Smith slipped fractions to around three points while some metals and oils eased. American Gas Electric firmed after a dip. Electric Bond Shore recouped losses. General Tire Great Atlantic & Pacific rose moderately.
MENTIONED IN THIS ARTICLE
New York
Ater
Walgreen
Swift & Co
A. ©. Smith
American Gas & Electric
Electric Bond & Shore
General Tire & Rubber
Great Atlantic & Pacific
Metals Market Report Notes Quiet Trading in Copper and Tin
New York June 15 copper eased to steady levels with spot near 43.50 and near-term 48.75 while tin stayed easy. Iron and lead held firm with spot around 4.20 for zinc futures at 4.20 to 4.85 and quicksilver quoted 61.00 to 62.00 as markets remained quiet.
MENTIONED IN THIS ARTICLE
Ericago
Sane
One Southern
Kelly Springfield Kelvinator Corp
Ty Kennecott
S S Kresge
Libbey & Ford
PY Lertiard Wd
Ou & Nashville
Lou Gas & Elec A
Sees
Ludlum Steel
Mack Trucks Snee
Magma Copper
Mathieson Alkali Ka
May Dept Stores
McKeesport Trnxd
Tahe
Miami Copper
Mid-Con Petseteee
Midland Steel
MK & T Ry
Mo Pacific Ry
Montgomery Ward
Murray Corp
Nash Mirabaer
Natl Biscuit Eeuge
OK Lss
Cash
Dairy Prod
Pow & Light
Natl Steel Se Saree
Netl Surety
Newton Copper
NY Central
Nih&hr
Norfolk & Western
Otis Elevator Pac Gan & Electric
Packard Mid .Dle
Pan
Pullman Corp BR
Pure Oi
Radio Corp
Keith Orph
Reading Corp BI
Remington Rand
Republic Steel
Reynolds Tob
Ad Ag
Royal Dutch Shell
Safeway Stores
st L_& San F Ry
Schulte Refone
Seaboard Oi
Sears Roebuck
Seneca Copper
Stone & Webb
Studebaker
Truscon Steel Ae
OW Union Carbide
Union Oil Cal
Union Pacific
Uni Aircraft
Uni Carbon
Uni Corp
Uni Gas & Imp
US Realty Seceree
S&s Rubber
UW & Steel Tebeer
Util Pow & Lt
Vanadium Corp
Warner Pictures
Wesson Oil
Western Union
New York
Future
East St. Louis
Anthony
Spot
Silver prices ease in New York market
In New York on June 15 silver traded at 85 percent of base value, easing slightly as numbers show a lighter percentage in the session.
Markets In Brief: June 15 United States trading snapshot
New York stocks weaken as the dollar rallies, with Ronds heavy and ratia decline. Foreign exchange markets soften, cotton and sugar ease on favorable weather, coffee and grains lower, corn firm on heat fears, cattle steady, hogs fully steady with top at 4.40.
MENTIONED IN THIS ARTICLE
New York
Ratia
New York Sugar Prices Decline On Market News
New York sugar market reports show raw sugar prices moving lower on June 15 with traders watching global supply signals and domestic demand shifts. Analysts cited mild weather and local processing trends as factors shaping the day’s activity.
Galveston cotton and seed oil markets ease on renewed selling
Galveston reports spot cotton prices closing down with mixed grades ranging up to middling and sales of 23 spots at 250 F.O.B. In New York, cottonseed oil weakened on renewed liquidation and softening cotton, with final values down 2 to 8 points and contracts traded at 6.25 to 5.75 for selected months.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
Tex
Sportation
New York
Tidewater Oil Increases Conroe Crude Price Ten Cents
The Tide Water Oil Company raised the Conroe Texas crude price by 10 cents per barrel. The new quotation stands at 40 cents per barrel.
MENTIONED IN THIS ARTICLE
New York
Tide Water Oil Company
Conroe Field
Texas
County and District Clerk Association of Texas Plans Voluntary Clearinghouse
The 41st annual convention opens in San Angelo for three days with the aim of forming a clearing house for five state associations of district and county officers to foster closer cooperation and coordinated activities.
MENTIONED IN THIS ARTICLE
San Angelo
Market Report Shows Steady Refined Prices and Demand
Quiet trading with no business spot activity. Wire US changed at 3.35 while sales reach 41,900 tons. Commodity futures show July at 1.32, September 1.34, December 1.41, January 1.41, March 1.47, May 1.43. Refined grade remains unchanged at 4.60 for fine granulated.
Independent code for oil industry proposed in Chicago
A projected code from independent producers to govern the oil industry was submitted to the American Petroleum Institute with unanimous approval. The plan aims to ensure fair competition under the relief act, including labor rights, production controls by the President, quotas per producer and well, and government storage withdrawals. It also suggests import restrictions, federal minimum prices, and an exemption for small wells producing up to ten barrels daily.
MENTIONED IN THIS ARTICLE
Chicago
American Petroleum Institute
United States
Prizes Donated for The Nat Opportunity Dance
Nearly twenty Amarillo merchants contributed prizes for a special Opportunity Day dance at The Nat. Benton King, manager, organized the event with Johnny Floyd's Band providing music for shoppers. Prizes come from Hollywood Dress Shop Palais Royal Maxor Drug Hugh Whitcomb The Hub Palo Duro Furniture Killough Davies Harry Holland J Levy City Drug Alenius Florist London Alaska Fur Co Barker's Wagners Jewelry Williams Hardware Levine's.
MENTIONED IN THIS ARTICLE
Amarillo
Opportunity
Benton King
Nat
Johnny Floyd
Hollywood Dress Shop
Palais Royal
Maxor Drug
Hugh Whitcomb
the Hub
Palo Duro Furniture
Killough & Davies
Harry Holland
J. Levy
City Drug
Split tax payments delinquent July 1
Amarillo Independent School and Amarillo College remind that the final half of split taxes is due by July 1 to avoid a 10 percent penalty plus interest and costs. George M Wad dill, school business manager and tax collector, said more than $10,000 has been collected for June and a rush is expected later this month.
MENTIONED IN THIS ARTICLE
Amarillo Independent School
Amarillo College
George M. Waddill
Six Hurt When Cars Collide On Canyon Highway
Six persons were injured slightly when a car and a taxicab collided on Canyon Highway at Washington Street early Thursday. Mary Grady and her mother Peggy Grady were taken to Northwest Texas Hospital for treatment. The Gradys Bertha Collins Martin Angel and M Cook were passengers in the cab driven by Tommy Malone of the Triple A Company. The other car was driven by A L Walker of 206 West Sixth Avenue.
MENTIONED IN THIS ARTICLE
Canyon Highway
Washington Street
Mary Grady
Peggy Grady
Northwest Texas Hospital
Gradys
Bertha Collins
Martin Angel
M. Cook
Tommy Malone
Triple A
A. L. Walker
West Sixth Avenue
100 New Car Licenses Issued This Month at Potter County
The Potter County tax collector reports 100 new car registrations for the first half of June. If the total reaches 200 by month end, the figure would double the record numbers from prior months, with 14 of the new licenses for commercial vehicles.
MENTIONED IN THIS ARTICLE
Potter County
Security Benefit Association Picnic At Tierra Blanca Creek
One of the season’s largest fraternal picnics draws 1500 members of the Security Benefit Association to Gordon Cummings Ranch near Canyon next Sunday. Families should bring a food basket as a bathing beauty contest and other prize events are planned.
MENTIONED IN THIS ARTICLE
Security Benefit Assciation
Gordon- Cummings
Tierra Blanca Creek
Canyon
Cotton crops look good in Canute Oklahoma
Special Lo The News reports from Canute Oklahoma on June 15 that cotton crops are well cultivated with chopping started. Farmers say prospects remain good if rains arrive in time.
MENTIONED IN THIS ARTICLE
Canute
Okla
New Home Loan Bill Discussed at Amarillo Board Meeting
The new home loan bill signed by the President Wednesday will be discussed at the Amarillo Real Estate Board meeting at the Silver Grill at noon today.
MENTIONED IN THIS ARTICLE
Amarillo Real Estate Board
Silver Grill
Paris dress designers organize conference against copying
Paris fashion designers convene a conference to unify efforts against illegal copying of original models and protect intellectual property in the design industry.
MENTIONED IN THIS ARTICLE
Paris
East Texas Oil Operators Expect Price Rise After Proration
Kilgore June 15 East Texas oil operators welcome the first day under a 842200 barrel daily proration as Mid-Continent price gains signal a crude rise. Bell Oil Tulsa set 50 cents for high gravity and Texas Rangers report a suspected pipeline bombing suspect detained with a second arrest likely.
MENTIONED IN THIS ARTICLE
Kilgore
East Texas
Mid- Continent
Bell Oil and Gas Company
Tulsa
Lon Smith and Co
Pending Advance Crude Increases Gasoline Demand
Tulsa report notes one of the strongest bull refinery markets in years as at least 16 Mid-Continent refiners seek 10 to 300 cars of gasoline for immediate delivery but cannot obtain them. Low grade standard climbs 3.3 to 3.6 cents per gallon with a four cent minimum advance. Natural gasoline scarce and up a quarter. Federal tax rise of half a cent per gallon also cited as market driver.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Bull
Van Field Suit Taken Up Again
Testimony resumed in the Peoples' Petroleum Corporation versus Pure Oil Company trial. Judge T. M. Kennerly of Houston presided in Judge Randolph Bryant's absence. The case concerns a major portion of the Van oil field formerly the Nacogdoches school land.
MENTIONED IN THIS ARTICLE
Tyler
Peoples’ Petroleum Corporation
Pure Oil Company
T. M. Kennerly
Houston
Randolph Bryant
Sherman
van Oil Field
Nacogdoches
Well Fire Near Refugio Draws Wide Attention
Norsal Oil Company well ten miles north of Refugio caught fire Tuesday night and burned with increasing force. Flames were visible as far as 60 miles away.
MENTIONED IN THIS ARTICLE
Repugio
Corpus Christi
Norsal Oil Company
Refugio
Radio Clock Highlights and Upcoming Broadcasts
Radio editor Butterfield notes Freeman from the University of Chicago will present test results on WJZ NBC at 9 15 tomorrow. Listings cover Wallace, Brice, Bone, blues singer Grace Moore, and others on WEAF NBC and WABC CBS with various time slots and acts.
MENTIONED IN THIS ARTICLE
Associated Preas
Central Standard
C. BE. Butterfield
New York
Frank H. Freeman
University of Chicago
Secretary of Agriculture
Wallace
WJZ
NBC
Fannie Brice
Weaf-Nbc
Senator Bone
Washington
Grace Moore
Wabcchs
Lou Holtz
Lennie Hayton
Nino Martini
Irvin
Cobb
Columbia Revue
Boswell Sisters
Happy Jack Turner
Joseph Littau
Wm. Hard
London
Phil Baker
Mills
Musical Playboys
U. S Marine Band
South America
Wabc-Cbs
Argentina
Ted Husing
Chicago
Ed Wynn
Will Rogers
Arthur Brisbane
Oil Pipelines Face Rate Hearing Set For June 26
The Texas Railroad Commission recessed a hearing on common carrier oil pipeline rates to June 26. Commissioner Ernest Thompson said the panel will begin hearings then. Pipeline companies threaten protest over lack of property appraisal. Data on mileage, capital, expenses, revenues, pumping stations and tank farms will be supplied as directed. A ruling on which side presents first testimony will be issued before the hearing.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Ernest
Thompson
Laten Stanberry
Fas Ubilities
Commission
Woolsey and Devore Test Drilling Near Amarillo Progress
Steady progress on the Woolsey and Devore tent in Randall County southeast of Amarillo. The bit is at 950 feet with optimistic readings from encountered formations. An engine breakdown halted operations Sunday noon but repairs were completed and drilling resumed. Markers suggest the formation is running higher than expected.
MENTIONED IN THIS ARTICLE
Woolsey & Devore
Randall County
Amarillo
Oil Production Order Inspectors Tour East Texas Field
Railroad Commissioners Lon Smith and C. V. Terrell began an inspection tour of the East Texas oil field to review the new order reducing production from 15 to 10 percent of hourly potential. The trip aims to correct inequalities and tighten enforcement of regulations.
MENTIONED IN THIS ARTICLE
Austin
Lon Smith
C. V. Terrell
East Texas
Still Feed Stock in Sayre Oklahoma June
In Sayre Oklahoma livestock are still being fed as in winter due to insufficient rainfall. Grass has not revived with recent rains.
MENTIONED IN THIS ARTICLE
Sayre
Okla
Also Mentioned on This Page
Washington News
Chicago Cash Grain
D. S
Amarillo Markets
Roultry
Leghorn
Colored Springs
Louin
Maha
Inneapolis
Wduluth
Innipeg
Mets Gate
Heschdins Gbaseor
Forres Fa Sb Avbo
Uhinson Fort
Worth
Kansas City Livestock
Chicago Livestock
LOS Ageles
the News
Los Angeles
Calif
Nebraska
ST. Joseph Livestock
ST. Joseph
Oklahoma City
Denver Livestock
Denver
Cudahy Packing Company
Stockyards
Santos
Hatch
Covey
Hk Mis Advance Rumley
Alleghany Corp
Allied Chem Seee
Amerada Corp
Merican Careee
Amer & For
Amer Internat
Amer Locomotive
Amer Eetees
Amer Radiator
Amer Roll Mill
Amer Smelt
Amer Steel
Amer Sugar
Amer Tel &Tel
Amer Acco
Amer Water
Amer Woolen
Amer
AT & Santa Fe
Atlantic
Auburn Auto
Gly
Aviation Corp
Baldwin Loco
Baltimore & O
Maracaibo
Barnedal
Superpower
Bendix Aviation
Ark Natl Gas
Bethlehem Stee
Aly
Bohn Aluminum
Borden
Briggs
Bulova Watch
Ford
Canadian Pacific
Cannon Mills
Texan
Uni
Chesapeake Corp
Colo & South
Colo Fuel & T
ALS Colum G & el
Cornwith & South
Congoleum-Nairn
Consolidated Gas
Consolidated Oi
Continental Oil del
Coty Inc
Curtis Wright
York
Wales
High, Low, Clare
ROG West
Liberty Bie
du Pont
Treasury
Bestman Kodak
MW Ie
Baton Mfg
Ing My
Tetanus
el Pow & Sterree
Dune
Ss F
Wees
Fox Film A
Freeport
Ase
Previoux
Gillette Razors
Eeete Afa
Goodrich
Goodyear Tire
North Rapid
Grigsby Grunow
Aeaeee
Wteae
Houston Oil
Sherte
Howe Sound
Hudson Mtra
Inspiration
Harvester Tee
Hydro Elee A
Johns Manville
Senate
Mobile
Savannah
Charleston
Baltimore
Augusta
Little Rock
Atlanta
Dallas
Metals
NEW York Money
Call
SUGAR
Raw
Suger
Angelo
S. B. A. Picnic
van Field
Aroulla
Woolsey & Devore Test Drilling
Board OF Insurance Commissioners
State of Texas
St. Paul Fire & Marine Insurance Company
S J. Paul
Minnesota
R. L. Daniel
Cravens, Dargan & Co
General Agia
Eable
G. C. Bruce
Oliver Eakle
E. S. Burgess
Fifth and
Stencile L
Whiteor
Mer
Elmer J. Scott, & Co
Ces
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