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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 16, 1934

Page

10

Wheat futures rise on renewed speculation across markets

Speculators push wheat quotations higher after renewed buying and a late market rally. Reports from Liverpool, Enid, Hutchinson, Fort Worth and Kansas City note export curtailments abroad and robust local demand. Corn and oats mixed as rains ease damage, while hogs influence provisions lower.

Associated Press Chicago Liverpool Liverpool Dispatches Germany Enid Okla Hutchinson Kas Fort Worth Kansas City Oaly Argentina United States

Wool market summary signals limited weekly gains

Boston reports a quiet wool market with little weekly increase but firmer hold on prices. Western wools show steady quotations for fine and medium qualities, with renewed eastward movement on consignments and demand mainly for bright fleece wools at steady rates. Mohair remains slow but firm amid unsettled foreign prices.

Boston Commercial Bulletin Mohar Texas

Chicago Market Report Shows Steady Markets and Varied Prices

Chicago market notes steady for eggs butter and cheese with mixed quotations across fresh and old stock. Poultry beans and potatoes list price ranges and shipments while Fort Worth reports prices for poultry eggs butter and creamery products.

Fort Worth

Amarillo Market Prices for Grains and Poultry 1934

Amarillo markets report carload arrivals at Texas common points with prices for wheat No 2 hard and No 2 white, milo, oats, and various poultry goods. Local grain houses list detailed per bushel rates and freight terms f.o.b shipping point plus assorted birds and eggs with small unit prices.

Texas Kaffir Cara, Milo Beng Milo SERRE Sudan Amarillo

HOG TRADE UNEVEN ON LIGHT WEIGHTS IN MIDWEST TRADE

Midwest markets report about 60 000 hogs received with uneven trade and slow close on 180 lb weights. Prices show early gains erased. top hog price 5.00 at St Louis. Cattle and lamb markets mixed with steady to higher feeds and active lamb demand in Chicago and Fort Worth.

Kansas City U.S Prio Texas Kanana City St. Louis

Livestock Prices At Los Angeles Market Report

U S Department figures show cattle sales steady with medium grain steers near 5 dollars per hundredweight and cows around 2.65 to 3.25. Hogs and veal show limited activity while sheep arrive later with lamb quotes around 7.50 to 8.75. Culver stockers also noted, with prices ranging from 5.50 to 7.00 for ventera and related cattle.

Los Angeles Cal U. S. Dept. of Agriculture

Livestock Market Reports From Wichita and Oklahoma City

Wichita and Oklahoma City livestock markets report cattle vealers hogs and sheep with mixed moves. Cattle steady to weak in Oklahoma City while hogs rise and calves remain limited. Wichita shows vealer top at 5.00 and lambs up to 8.75 with varied prices across species. Omaha market steady with steers around 5.75 and sheep near 8.75, lambs and yearlings feature strong demand.

Wichita Livestock Wichita Omaha Livestock Omaha Hoyas &,000 California

Market Report Cattle Hogs and Sheep From Denver and Amarillo

Denver market figures show cattle at steady with beef steers 40 45 dollars, cows around 2000 74.25, heifers 40 76, calves 30 60, bulk 25 413. Hogs top 4.40 with bulk 4.40 4.60 and packing sows 2 3.60. Sheep 6200 head steady to strong. Amarillo market notes mark hogs 189 260 price range for Saturday. Pinkney Packing Company.

Denver U.P Amarillo Marketa Pinkney Packing Company

New York Stock Letter Signals Light Market Lift

The market showed slight gains in murky trading as prices edged forward. President Green’s proposal to appoint a presidential mediation board to settle steel disputes and call off threats of a strike boosted speculative sentiment and was read as constructive for trade and industry.

New York Victor Fubank Associated Press Green Steel Workers' Convention Pittshurch

Dry Goods Trade Notes From New York Market

Dry goods in New York on June 15 show quiet general demand for print cloths with strong bidding for August September deliveries. Rayon yarns for knitting and waving in moderate demand. Silk goods attract more attention among cutters and retailers. Wool goods sell best for out of town garment and clothing manufacturers. Bur naps firm and quiet.

DRY Goods New York Sik Tn Nut Burnaps

Quiet firmness prevails on stock market in narrow range

New York reports a quiet, steady stock market with limited speculative activity amid looming federal exchange rules. Trading rose modestly to 795,183 shares as the Dow edge rose and major issues like General Motors and United States Steel edged up, while bonds and commodities showed mixed movements and the German mark strengthened.

Associated Press New York Wall Street Stock Exchange Aesesion Standard Statistics Co Ford Auburn General Motors American Smelting Howe Sound To & Pointe American Can American Telephone Santa Fe General Electric New York Central Standard O New Jersey Pennsylvania Railroad

Markets In Brief: Mixed Signals Across Commodities and Stocks

In New York on June 15 stocks steadied after early gains while leaders recovered slowly. Bonds showed irregulars as Germans resumed a downtrend. Oils and utilities held steady with improved conditions in curb markets. Cotton and sugar showed little change, coffee rose on buying. Chicago wheat rose on late buying, corn fell on favorable weather. Cattle were mostly steady with hot steer prices around 8 dollars 25 cents, hogs mostly steady to slightly lower with top at 4.90.

New York Liverpool Selvnk Chicago

Irregular Narrow Changes Leave New York Cotton Market Flat

New York June 15 cotton finished about unchanged after narrow fluctuations. October traded 12.10 to 12.26, closing 12.18. December dipped to 12.20% then recovered,July rose from 11.84 to 12.02, December up to 12.32. Exports today 26,611. receipts 0.708. port stocks 2,668,992.

New York

New Orleans Cotton Market Mixed After July Liquidation

Cotton prices fluctuated with uneven activity in New Orleans and Galveston on June 15. July slipped as liquidation spread, October and December eased. late session covering helped steady values though overall declines persisted. Port stocks and exports reported with mixed weekly totals.

Stocks in the Spotlight New York June 15

The stock roundup lists the 15 most active issues with closing prices and net changes. Highlights include Hudson Motors 24 800 shares up 1s, Socony Vac 20 900 up 16 percent, Chrysler Motors 17 100 up 427 percent, IS Steel 16 690 up 42 percent, and General Motors 11 800 up 327 percent.

New York Hudson Mtrs Socony Vac Chrysler Columbia Gan Gen Motors Mont Ward Con Gas Gt North Rypid Con Ot Nail Distillers

Money market steady on call loans and paper

New York June 15 report shows call money steady at 1 percent for 1 day. Time loans steady at 60 days at 1 percent. Prime commercial paper at 4 to 4.5 percent. Bankers' acceptances unchanged.

NEW York Money New York

Cotton closes steady in New Orleans market

Spot cotton in New Orleans on June 15 closed steady with 4 points down. Sales totaled 1,000 bales as low middling fell to 11.42 and middling to 32.07 while good middling stood at 12.52. Receipts reached 741 and stock at 60,319.

Galveston New Orleans

Bleachable cottonseed oil steady as hog market firmens

Bleachable cottonseed oil held steady in New York with prices 2 points lower to 1 point higher as buyers absorb local liquidations. Trade saw 46 contracts including September to January at 28 points and September to October at 7 points amid firm crude oil. COTTONSEED FEEDS FORT WORTH lists Texas quotations for prime loose hulls, cold pressed seed, and cracked meat and cake with protein content around 48 percent.

New York Commission House Fort Worth Tex Western Feeders Supply Company Texas Mills

New York coffee closes steady after higher open

New York reports a steady coffee market with futures closing higher on the session. Santos July at 10.31, September 10.71, December 10.86, March 10.95, May 11.03, with nearby grades at 8.02 to 8.53 for July to May. Spot coffee quiet with Santos at 48 1/4 and Rio at 10 cents.

New York Santos Rio Ja

Metals Market Report From New York

Copper holds at 9.00 for Blue-Eagle futures and spot. Tin steadies near 50.00 with nearby around 50.65 futures. Iron and lead hold. lead ranges 3.85 to 4.00. Zinc eases with Fast St. Louis spot and futures at 4.20. Antimony closes at 7.90 spot.

New York East St. Louis St. Louis

Greene elected to head McLean Lions Club

June 15 C O Greene was elected president of the McLean Lions Club at the annual election, succeeding T A Landers whose term ends July 1. Other officers elected include Jesse J Cobb first vice president D A Davis second vice president Reep Landers secretary treasurer J S McLaughlin tail twister C C A Cryer lion tamer Witt Springer and T A Landers directors. The McLean Club was chartered by Lions International June 20 1928 and has held weekly luncheons since.

M’lean C. O. Greene McLean Lions Club T. A. Landers Jesse J. Cobb D. A. Davis Reep Landers J. S. McLaughlin A. Cryer Witt Springer McLean Club Lions International

Full pardon given as wedding present

Sam Cash to receive a full pardon from Governor Ferguson as a wedding gift. Cash had been paroled in December 1931 for a Harris County failure to stop and aid after a motorist accident. The proclamation also notes other clemencies including paroles and a conditional pardon for various convicts.

Austin U.P Sam Cash Ferguson Cash Harris County Ostrander Germany Galveston

Shamrock and Wheeler Women Win Honors at Convention

District 1 clubs Shamrock and Wheeler retained the trophy for organization of the most new groups at the State Business and Professional Women's convention in San Antonio. Shamrock members praised for singing and for chartering a bus for the long trip. Wheeler received special mention for scrapbook work.

Shamrock Wheeler Clubs San Antonio Shamrock Club Wheeler Wheeler Club

Million Dollar Plant to Be Built by Solvay in Baton Rouge

Solvay Process Company plans a soda ash and caustic soda plant in Baton Rouge with a multi million dollar investment. Construction will require about 1 000 workers for a year, and the completed plant is to employ 400 people around the clock on the riverfront. The Syracuse executive office confirms the project.

Baton Rouge Solvay Process Company Syracuse N. Y United States

London Correspondent Awarded War Citation

London Bureau manager Clifford Day of United Press received word from the War Department that he earned a silver star for gallantry in the Second Battle of the Marne. Day, a former lieutenant with the 10th Field Artillery in the 3rd Division, recalls the chaotic crossing near Château Thierry and Jadogne in July 1918.

London U.P Clifforn Day United Press United States War Department Marne 8Rd Field Artillery Day 10Th Field Artillery Chateau Thierry Jadgonne

Railroad Commission Dismisses Pipeline Chief Morend

The Texas Railroad Commission dismissed L. B. Morend of San Antonio from his role as head of the pipeline division in the East Texas oil field. The order states Morend's services are terminated effective today with the date recorded as June 14.

Austin Texas Railroad Commission L. B. Morend San Antonio East Texas Morend Railroad Commission of Texas

Mutual Life Officials Elect President at Galveston Meet

W. S. Howell of Bryan was re elected president of the Texas Association of Mutual Life Officials at the closing session in Galveston Mineral Wells was chosen as next year’s meeting site.

Mutual Galveston W. S. Howell Bryan Texas Association of Mutual Life

Weather pattern shifts bring showers across central regions

A high pressure system from Northwestern Canada sits over eastern North Dakota this morning while a stationary New Mexico low with a trough reaches toward lower Michigan. Scattered showers extend from the Texas Panhandle northward to Nebraska and Missouri.

Canada North Dakota New Mexico Lower Michigan Texas Panhandle Nebraska Missouri

Gas Engineers Detail Lone Star Gas Reserves in Trial

In Austin on June 15 jurors heard Lone Star Gas Company engineers J. H. Dunn and F. E. Kendrick explain gas reserves and leases. They described Shamrock field at about 1.8 trillion cubic feet, Gray and Carson counties with similar potential, 184 322 acres under lease, a 367 billion cubic foot reserve, and a 20 year depletion horizon valued at 2 681 980. They noted reserves exclude Gray and Carson County areas and outlined planning ter matrices while the Railroad Commission seeks a 32 cent versus company 40 cent delivery rate per thousand cubic feet.

Austin U.P State Railroad Commission J. H. Dunn F. E. Kendrick Lone Star Gas Company Shamrock Gray Carson Carson County Wheeler County

Cotton Warehousemen Open First Annual Convention Lunch

Gulfport Mississippi hosts the opening luncheon of the first annual convention of the American Ports Compress and Warehouse Association. R L Taylor of Memphis, president of the Federal Compress Company, attends as a member through his New Orleans seaboard plant. R D Ernst of Houston presides as committees hold conferences and a large staff handles arrangements.

Gulfport Miss American Ports Compress and Warehouse Association R. L. Taylor Memphis Federal Compress Company Seaboard New Orleans R. D. Ernst Houston Tex

Senate backs Pan American highway fund plan

The Senate approved 48 to 38 an amendment to a deficiency bill to provide 1 million dollars for cooperation with Pan American nations on surveying and constructing an Inter American highway from Texas to Panama. An Alaska road amendment offered by Senator Dill was rejected 49 to 34.

Washington Senate United States Texas Panama Dill Alaska

Continental Oil delays dividend decision for 1934

Directors of Continental Oil Company reportedly decided to defer dividend action until the third quarter of 1934 to gain a clearer view of business trends. The Wednesday meeting was described as routine and the dividend question was postponed for a future session.

New York U.P Continental Oil Company Wall Street

Marked Gain Crude Stocks Week June 9

Secretary Ickes reports total domestic and foreign crude oil stocks at 343,201,000 barrels for the week ending June 9. Domestic stocks up 107,000 barrels while foreign stocks fell 27,000. Industry reports show daily crude production around 2,600,000 barrels, up 100,000 from the prior week. Crude imports totaled 972,000 barrels, runs to stills about 2,450,000, with 2,270,000 prior.

Washington Ickes Pennsylvania Other App Inc Lima Mich Illinois Ind la & Ark Tex Se. N. M Texas

East Texas reports 191 more wells in week to June 10

East Texas field adds 191 completions, bringing total to 13 514 wells with 674 marginal. Daily allowable production on June 10 is 501 320 barrels, up 3 151. potential output rises to 9 958 820 barrels, up from 9 894 085. Sixteen marginal wells were removed from the list.

East Texas refiners eye gasoline purchase plan

Jules Constantin president of the Independent Refiners Association of East Texas reports from Washington that a purchasing program backed by major and independent groups could push gasoline prices higher. He will meet Dallas officials and convene East Texas refiners in Glade Water on Tuesday to discuss the plan.

Kilgore Jules Constantin Independent Refiners’ Association of East Texas Washington Constantin Dallas East Texas Gladewater

Court of Civil Appeals Reverses City of Wichita Falls Suit

Proceedings from Fort Worth in June 1544 show the Court of Civil Appeals reversing and rendering the case City of Wichita Falls versus J. J. and M. Taxman Refining Company from Wichita County. The fragment notes Shakespeare’s plays: 37 works with 16 comedies 11 tragedies and 10 histories.

Fort Worth Court of Civil Appeals Second Supreme Judicial District of Texas City of Wichita Falls J. J. and M. Taxman Refining Company Wicheita County

Embroider Linens With Lucky Elephants Pattern

Laura Wheeler offers a transfer pattern titled Pattern 758 featuring four elephants around four inches tall with card symbols for napkins. The design suggests outline stitch for elephants and darning or Latin stitch for the card emblems, suitable for towels bibs and dress accessories. Send 10 cents for pattern to The Amarillo Daily News Needlecraft Dept.

Amarillo Daily News Needlecraft Dept Eighth Avenue New York

Also Mentioned on This Page

John P. Roughan Chicago Cash Grain Port Worth Orts & Lower Wool Bulletin C. Itry Idaho Alshama Louisiana Arkansas Oklahoma Gerdvels Amarillo Markets Sncis Lechorn Midwestern Livestock Review Kansas City Livestock Chicago Livestock Montana South Texas San BO Oklahoma City Denver Livestock U.S. Bonds Liberty Stas Frederick Gardner Bombay Jan Eveees Miami An Mont Ward Soos Tees Murray Cor P &E Nynha&a Ohio Pan Am Pet Pp & Ford Penney Penn RR Aly Petro Core Rem Rand Csver Rep Stane Rey Tob BR Vanes Royal Dutch Seeee Sears Roebuck O Seneca Copper Wee Shell Union Ray Simms Pet Eee Socony Vacuum South Cal Edison Mt South Pacific Ry South Ry Wean Stone & Webb Studebaker Texas Corp Texas Gulf Sul T & P Coal & Oil T & P Land Trust Inion Pacific Ry Uni Gas & Imp The Port Mount Midge Mobile Wes Elec & Mfe Bray Baty Woolworth Corp ALSS Boston Steer Wright Aero One Corpus Christi Yellow Cab Maracaibo Am Superpower Oe Augusta Amer Klee Little Rock Ford Mtrs Ltd Atlanta Uni Standard Statistics Wooleneeeere Atlantic Peers Lopey Bdaller Bly Theestes Calu & Hee Vane Ceeereeeres Cerro de Pas Ches Corp Stoves Flys Cseeeerees Ss Chi M St P & P TS Sreseveeee Chrys ‘ Estes Eee Col F & IR G & Fl Congo E . Vane T. Sliwseere Athens Beth Steel Ches Corp Eaten Coty Whee Chi Burl Quincey Chi Great Western den & Rio Chi Rock Island Pac du Pont de Erie Rf & Imp Goodyear Great Northerns Gs Eaton P&l Humble Oil Kansas City Southern Toews Inc Fa Fox Film Ftios Nat Dairy Enews Cfr Northern Pacific Phil Pet Gen Fds Gen Mills Sinclair Oi Southern Pacific Gen Pub Sye Oa Southern Ry Con Gillette Union Pacific U. S Westinghouse Wrens Indus Howe Snd Eee Kelly Sper Greene Lions Club Earl Skinner Wichita County Lee Vick Parker County L. C. Heard Kaufman County Louisiana Capitol Max Prec Abilene Boise Brownsville Cincinnati Snes del Rio Des Moines Detroit Dodge City Kansas Edmonton el Paso Minnedusa Modena Utah Montgomery Nashville Tenn Tee North Platte Phoenix Arizona Portland Oregon Pueblo Colo Rapid City Dakota Roswell N. Mexico Salt Lake City San Francisco Faanta Fe N. Mexico Sheridan Wye Shreveport Lake Springfild Mo Washington, DC Wichita Kansas Williston Deat Ota Wilmington Carolina Winnemucca Nevada Lone Star OIL Company Engineering Department Railroad Commission Laura Wheeler
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