Stock Trends Mixed as Leaders Shift in Quiet Trading
New York June 16 Stocks moved irregularly in quiet trading with a steel operation rate at 99 percent of capacity, up from 98.6. Heavy railroad equipment orders aided rail shares while gains appeared in American Car & Foundry and several utilities and preferreds including American & Foreign Power and Penn Dixie Cement. Some declines appeared in Jones & Laughlin and select industrials as new highs were hit by certain issues such as Corn Products and U. S. Hoffman Machinery.
MENTIONED IN THIS ARTICLE
New York
U.P
American Iron & Steel Institute
American Car & Foundry
U.S
General Steel Castings
Foreign Power
Interstate Department Stores
Mullins Manfacturing
Penn Dixie Cement
Eaton Manufacturing
St. H Lead
American Tobacco
Pacific Mills
Jones & Laughlin
American Telephone
Boeing
International Nickel
Loft
Westinghouse Electric
Corn Products
New York Dock
U. S
U. S. Hoffman Machinery
United Corp
Comwith&Son
Anaconda
Consol Aire US Steel
United Corp Amer Car&f
Associated Press
Rails Indust. Util
HOLC
DOW Jones
Fenner & Cane
Seahean
Boston Wool Market Sees Quiet Trading and Steady Quotations
In Boston today, fine Australian and South American wools attracted only occasional requests while overall sale volume remained small. Coarse cross bred South American wools sold sporadically, and most domestic wools were very quiet with quotations unchanged from last week.
MENTIONED IN THIS ARTICLE
Boston
U. S. Dept
Copper and metals brief steady in New York markets
Copper remains steady with electrolytic spot at 12.00 and export fas NY 11.00/12.00. Tin eases with spot near 52.25 and forward about 52.00. Lead holds in New York at 5.85 to 5.90 and East St. Louis at 5.70. Zinc steady with East St. Louis spot/forward at 7.25.
MENTIONED IN THIS ARTICLE
New York
East St. Louis
Sharp Advances in Wheat Follow News Of Rust and War
Wheat prices rose on June 16 led by short covering and gains tied to rust damage in the Southwest and Germany’s expulsion of consular staff. Soybeans also climbed while corn barley and oats showed mixed moves across Chicago Fort Worth and Kansas City markets with cash grain quotes varying by grade and location.
MENTIONED IN THIS ARTICLE
Chicago
Farlier
Fort Worth
Kansas City
Closing New York Stocks by The Associated Press
The Associated Press reports on the forenoon and closing action in New York stocks with movers in industry and finance. Investors react to market shifts as indices and notable issues trade across major exchanges.
Markets in Brief New York June 16
Markets in brief report mixed stock action with leaders narrowing gains. Commodities show varied results as cotton rises with New Orleans buyers, sugar mixed amid liquidation, and hogs steady to 10 higher. Chicago wheat fractionally higher on rust concerns while corn firm and cattle see steers down and heifers steady.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Chicago
Chicago produce market report on poultry butter eggs and cheese
Chicago market notes June 16 show receipts for poultry including heavy hens at 20 to 21 of a cent per pound ranges across species with prices for leghorn and Plymouth Rock varieties. Butter demand firm with varied scores and car lots. Eggs firm with extra firsts and firsts priced around 24 to 25 per dozen. Cheese Twins and Daisies offerings ranged near 20 cents per common unit.
MENTIONED IN THIS ARTICLE
Chicago
Colored Springs
Plymouth Rock Springs
White Rock Springs
Plymouth Rock
White Rock
Cox
Leghorn Cox
Wheat Market Report Sparks Amarillo Trades
The Globe-News notes Amarillo wheat markets with receipts of 34 cars and a nominal price of 0.80 dollars. Local buyers and sellers monitor fluctuations as traders move grain through the market.
MENTIONED IN THIS ARTICLE
Amarillo
Livestock Market Report From Major U.S. Points
Hogs sold actively with heavy buys stronger. cattle and calves show mixed results across Kansas City Chicago Fort Worth Los Angeles Oklahoma City markets. Top hogs around 9.90 to 10.00 per cwt. calves and cows mostly easing. spring lambs weak to steady. stocker and feeder trades remain robust in spots.
MENTIONED IN THIS ARTICLE
Kansas City
Forty Worth
Fort Worth
Los Angeles
Federal State Market News Service
New Mexico
Oklahoma City
Potatoes Market Report Chicago June 16
Arrivals 225 on track 542 total US shipments 486 Saturday 47 Sunday 47. Supplies light and market steady with best stock. Prices: California long whites US No 1 2.40 to 2.45, Mississippi Bliss Triumphs US No 1 2.00 to 2.10, Arkansas Bliss Triumphs US No 1 2.00 to 2.10, Alabama Bliss Triumphs US No 1 2.00 to 2.25, Louisiana Bliss Triumphs US commercial 1.65 to 2.00, Idaho Russet Burbanks US No 1 2.00 to 2.12
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
California
Mississippi Bliss
Arkansas Bliss
Alabama Bliss
Louisiana
Bliss
Idaho
Burbanks
Army Contracts Awarded for Fort Sill Buildings
Lump-sum contracts totaling 99,600 were announced by Col. Edwin v. Dustan for Fort Sill Oklahoma. Charles M. Dunning Construction Company of Oklahoma City won 81,900 for two chassis and engine assembly buildings. Cowen Construction Company of Shawnee won 17,700 for two mobilization buildings.
MENTIONED IN THIS ARTICLE
San Antonio
Fort Sill
Lawton
Okla
Edwin v. Dustan
Charles M. Dunning
Good Food Is National Need Says War Morale Expert
Gerrit Vander Hooning of the Office of Production Management told the National Association of Retail Grocers that good food and plenty of it is the key to morale in defense efforts. He said soldiers receive a fully balanced meal thrice daily with proper calories and vitamins.
MENTIONED IN THIS ARTICLE
Chicago
Gerrit Vander Hooning
Office of Production Management
National Association of Retail Grocers
Vander Hooning
Royal Copyright Notice in London Telephone Directory
The London telephone directory states royal copyright held by the King of England, forbidding printing copies without his permission.
MENTIONED IN THIS ARTICLE
London
England
Cotton futures rise further as market extends climb
New York reports cotton futures gaining 30 to 60 cents amid a broad climb that began last March. Trading showed some profit taking at top levels, while most of the session favored buying. estimated turnover of 3 to 4 million yards of print cloths and fabrics occurred on Worth Street with spot availability tight.
MENTIONED IN THIS ARTICLE
New York
Worth Street
Essues
Ie Eae
New Orleans Spot Cotton Closes Steady Higher
Spot cotton in New Orleans closed steady eight points higher with sales of 1,290 bales. Low middling 12.46 cents, mids 13.76, good middling 14.21. Receipts 2,604, stock 467,769. Average middling across ten markets at 13.84 cents a pound, a new season high. Cottonseed oil closed strong in New Orleans with bids and asks listed for July to January futures. Cottonseed feeds quoted for Texas mills at Fort Worth.
MENTIONED IN THIS ARTICLE
T&s
Ay, Corp
Douglas Aire
Freeport Sylph
Ineisidielliae
Gen Foods Ye
Gen Motors Wees
Goodrich (Bf
Goodyear T&r
Greyhound Corp
Houston Oil
Éxeeres
Johns Manville
Lorillard (P) Omen Afemer
Mont Ward Wieeee
Nash Kelv
Nat Dairy Pr
Einen Prem Ohio Oil Nee Pee
Pack Motor
Pan Am Airways
Panhandle P&r
Penney (Jc) Seaeee
Petrol Corp Vee Eee
Phelps Dodge
Phillips Pet
Plymouth Oil
Pure Oil
Radio Corp of Ama
Union Oil
Cony Vac Settee
Sonac
Lily
Stand Brands
Anally
Tex Pac C&o
Tex Gulf
Tex Pac L Trust
Trans - America
Someta Ae
Union Carbide
United Aircraft
United Gas Imp
Walgreen Co
Warner Bros Pict
West el & Mfg
White Motor
Wilson & Co
Wilworth
Enaene
New York
Associated Press
Il Am Cyab
Gasé&E
Ll Bell Aire
Brewst Aero
Bridget
Nia Hud
Todd Shipyds Pe
Associated Prees Indust Rails Util
New Orleans
Kan
Okla
Fort Worth
Galveston
Rapid Ora
Roswell
Salt Lake City
Utah
Sheridan
Wye
Tucumcari
N. M
Seeene
Waynoka
Wichita
Kans
Adrian ' Fore
Claude Reat
Clarendon
Childress
Crosbyton
Dalhart
Dumas
Hereford
Eenens
Spearman
Stratford
Boise City
Fik City
Clovis
Arerr
Moines
N M
Springfield
Colo
Civil Appeals in Seventh District Texas Motions and Decisions
Proceedings before the Court of Civil Appeals Seventh District Amarillo include motions submitted June 14 1941 rehearings for Clowe Cowan versus Morgan Laney versus Rush Head versus Rawleigh Sanders versus Kansas City Life and Finney versus J A. Finney. June 16 motions extend time for statements and oral argument with grants for Ancell Spencer. overruled for Laney Rush and Doughty DeFee Sanders. affirmances and remands in Burleson Willard Whitaker Western Life cases. and cases submitted June 16 from Hockley Lubbock Swisher Potter counties.
MENTIONED IN THIS ARTICLE
Court of Civil Appeals
Seventh Supreme Judicial District of Texas
Amarillo
Clowe & Cowan
Thomas J. Morgan
John B. Laney
O. E. Rush
L. D. Head
W. T. Rawleigh Company
R. B. Sanders
Kansas City Life Insurance Company
Robert C. Stovall
J. A
George B. Ancell, Jr
O. FE
Rush
J. D. Doughty
R. A. DeFee
R. C. Burleson
Fannie
Earnest Et al
Terry County
Nelson W. Willard
R. EB
Whitaker
The
Western Life Insurance Co
James W. Alcorn
Potter County
Panhandle & Santa Fe Railway Co
Pedro Villarreal
Farmers Royalty Holding Co
J. A. Turrentine
Hockley County
Texas Independence Life Insurance Co
E. N. Pickens
Lubbock County
Ross Terry
John W. Elliott
Swisher County
Open House Planned By NYA June 26th
The National Youth Administration marks its sixth anniversary with an open house at the NYA project at 1201 Jackson Street in Amarillo. President Roosevelt created the NYA on June 26, 1935, to aid students with part time jobs and to give work experience to youths out of school and unemployed.
MENTIONED IN THIS ARTICLE
National Youth Administration
Amarillo
NYA
Jackson Street
Roosevelt
Slaves of Conquering Hitler Debate Signals Aid for England
In a Wooster College commencement address Senator George W. Norris argues the United States must aid Britain now with airplanes food and military materiel to avoid becoming slaves of conquest. He warns that failure could lead to sending troops to South and Central America if war continues. Sweden’s fish consumption nears 130000 tons in the past year.
MENTIONED IN THIS ARTICLE
Wooster
Hitler
England
George W. Norris
Nebraska Independent
Wooster College
South America
Central America
Texas oil proration urged to prevent coast backlog
Corpus Christi’s Maston Nixon urged a statewide proration cut to stop oil backing up as tankers shift from the Gulf Coast. Texas officials and Panhandle witnesses debated production levels, permanent proration, and potential cuts to maintain refinery supply and defend national needs.
MENTIONED IN THIS ARTICLE
Austin
Gulf Coast Service
Texas
Maston Nixon
Corpus Christi
Gulf Coast
Nixon
Oil Giant Urges Congress to Avoid Hitting Low Income Gas Buyers
Standard Oil of New Jersey warns against further gasoline tax hikes, noting the industry already pays heavy taxes and serves as the nation's top taxpayer group. The firm cites a 1940 direct domestic tax bill of 74.8 million dollars and state local gasoline taxes near 63 million. Gasoline costs to the public averaged 19.64 cents per gallon on June 1 with taxes over 43 percent, per American Petroleum Institute surveys of 50 cities.
MENTIONED IN THIS ARTICLE
New York
Standard Oil Company
N. J
Congress
Standard
American Petroleum Institute
Second Abell Well For Phillips Co
Phillips Petroleum Company completed a second good well on the Silverman lease in the Abell pool of Pecos County West Texas. The No 2 Silverman flowed 277 barrels of 44 gravity oil in six hours from the Simpson Band perforated depths 6367 to 5382 feet, giving both Silverman wells a total daily potential of 2328 barrels. Phillips owns the 80 acre lease and 1720 acres in the Imperial area.
MENTIONED IN THIS ARTICLE
Phillips Petroleum Company
Imperial
Pecos ‘County
West Texas
Simpson Band
Phillips
Tulsa market shows refinery prices steady with gains in gasoline
Market report from Tulsa on June 16 notes broad refinery pricing: gasoline and natural gasoline firm, light fuels steady, industrials active, tubes and crude prices firm. Published prices cover gasoline, kerosene, fuel oils, and industrial fuels for bulk tank car shipments in Oklahoma group three.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
F.O.B
Oklahoma
U. S
North Texas
Services Held for Leo E McDade at Sacred Heart Cathedral
Final tribute paid yesterday with funeral services in Sacred Heart Cathedral and interment in Liane Cemetery under Boxwell Brothers. Rev Andrew Marthaler officiated. McDade died Saturday at home 1602 Washington Street after a heart attack. Survived by widow two daughters three sons six brothers and a sister.
MENTIONED IN THIS ARTICLE
Leo E. McDade
Sacred Heart Cathedral
Liane Cemetery
Boxwell Brothers
Andrew Marthaler
Sacred Heart
McDade
Washington Street
Texas Company well signals possible new Hamilton County pool
No. 1 McDonald wildcat in Hamilton County swabbed 83 barrels of oil in 17 hours from the Aux Wases sand at 3 078 feet. The discovery is located one and a half miles west of the Dale pool and may indicate a new pool or a substantial extension of the Dale production.
MENTIONED IN THIS ARTICLE
Centralia
Hamilton County
Texas Company
McDonald, Wildcat
Settlement Rumor in Mexico Oil Case
Rumors from Mexico City indicate possible U S and Mexican agreement on oil expropriation terms. Industry insiders expect administrative control by expropriated firms while government officials deny knowledge of any finalized deal and caution the report may be unlikely. A separate claim suggested the United States would assume British oil claims in Mexico and settle with Mexico, freeing credit for Britain.
MENTIONED IN THIS ARTICLE
Mexico City
United States
Mexico
Oll
Eduardo
Forelaw All Companies
Great Britain
Madison Era VPs Die in Office George Clinton and Gerry
During James Madison's two administrations two vice presidents died in office. George Clinton and Elbridge Gerry held the offices and both died while serving.
MENTIONED IN THIS ARTICLE
James Madison
George Clinton
Sibridge Gerry
Mann To Speak at Odessa Oil Show
F M Law of Houston and Gerald C Mann of Austin will be the principal speakers at Odessa s Little International Oil Show opening Friday evening at 6 o clock in the County Auditorium. Law will address a patriotic rally Saturday at 2 pm and Mann will speak at 8 pm after a barbecue for ticket holders.
MENTIONED IN THIS ARTICLE
Odessa
F. M. Law
Houston
Gerald C. Mann
Austin
Law
Board of
Regents of
Texas A. & M. College of Texas
First National Bank of Houston
Texas
Rotary
Lions Clubs
Jerry Debenport
A. W. Moon
Permilan
George Elliott, Jr
Texas Legislature Embraces Friendly Ties With Mexico
In Austin the Texas Legislature pushes cordial cross border ties. A delegation led by Gen. Maximino Avila Camacho addresses lawmakers about peaceful relations. Two pro Latin American measures sail through: tuition exemptions for Latin American students and Spanish language incorporation in schools. A Senate resolution seeks return of 1836 battle flags to honor friendship. House forms five member committee to boost economic and social contact with Mexico.
MENTIONED IN THIS ARTICLE
Austin
Texas
Rio Grande
Mexico
Maximino Avila Camacho
United States
Camacho
House of Representatives
Texas Assembly
Colceleges
Americas
W. Lee O'Daniel
Senate
Ben. Clem Fain
Livingston
Alamo
San Jacinto
Senate of
United States of America
Union
Republic of Mexico
Also Mentioned on This Page
Idate
NEW York Metals
Globe-News
Chicago Livestock
Army
Western Feeders Supply Company
Texas Mills
Sweden
Panhandle
Jerry Sadler
Railroad Commission
E. H. Foster
Kansas
National Defense
Hiram G. Brown
Talco
Brown
Florida
Harold J. Ickes
Olin Culberson
Ickes
Washington
U. 8. Weather Bureau
Phillips Co
India
Illinois
Mann
By Hugh Williamson
State Department of Education
Southern
Hollywood
M. A. Charlston
Mgr
Knickerbocker
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