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Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 18, 1935

Page

8

Corn Grain Rally Amid Frost Risk Drives Prices Up

Chicago June 17 prices surge as heavy corn buying cites fear of late planting and possible September frost. Corn up 2 cents, wheat and oats rise with grain strength. soybeans and barley show limited trading. cash provisions mixed with lard and bellies also noted.

Chicago Seading

Grain market report from Fort Worth on June 17

Demand for grain wax reported quite good in Fort Worth with two days receipts of 96 cars wheat and 12 corn. Prices listed for wheat barley sorghum kafir and corn at delivered Texas gulf ports or common points with various No. 1 hard wheat at 1.00 to 1.01 dollars and cents per bushel and other grain grades priced accordingly.

Fort Worth Texas Gulf Ports Amarillo Soecal Grain and Produce Houses

Wheat and corn price report from Kansas City markets

Market summary shows mixed wheat prices with No 2 dark and No 2 hard bids, and May to September futures figures. Corn prices for No 2 white and No 2 yellow vary with nominal ranges. overall activity appears unchanged to higher with several contract months listed.

Kansas City

Markets Report From Chicago Grain And Live Poultry

Amarillo markets summarize unsettled grain receipts and mixed grades with prices for fresh graded firsts and extras. Poultry prices hold steady with specific figures for hens, fryers, ducks, and longhorns amid receipts and car deliveries.

Chicago

Fort Worth Produce Prices in Fort Worth Tex June 37

Poultry and eggs prices listed for spring chickens hens and turkeys with 1 candled egg price of 36.00 and butter creamery butter with butterfat 1% noted.

Fort Worth Tex Gap Poultry

New York Coffee Futures Slip After Life Contract Changes

June 1 market notes show coffee futures weakening as new life-of-contract laws take effect. Santos and Wy quotations drift lower with July at 4.88 and September at 4.0. Spot coffee dull with Santos bids around 8.8 and Rio de Janeiro balances reported.

Santoxe Santos Santos Ds Rio de Balan

New York Sugar Quiet As Prices Steady In Sluggish Market

Raw sugar held at 3.45 in New York with no sales and spot inactivity. Futures eased slightly in No. 3 and No. 1 contracts, while refined price held at 8.75 amid warmer weather boosting withdrawal demand.

New York

Metals Market News From New York June 2174 Copper and Tin Quotes

Copper electrolytic spot and futures quoted around 9.00 with export 7.63427.79. Tin trading mixes show spot near 50.87 and futures 25. Lead, zinc and other metals show varied prices across New York, St Louis and Buffalo markets with deviations and unclear decimals.

New York Buffalo St. Louis

Market Lower on Slaughter Cattle and Hog Prices

Western market report from Kansas City cites 46 800 cattle today versus 51 966 and 64 805 last Monday and the prior week. Hog trade slow and down about 10 cents. top prices around Chicago $10.00 for select hogs, with cattle mostly steady to lower and calves mixed. Sheep and lambs weak to lower with native lambs around $8.40 tops in Chicago.

Kansas City W.S Chicago Texas Omaha

Bonds Show Gains Across Most Divisions in Market

New York June 17 The stock market moved slowly with modest gains in utilities and some specialties while grain prices led. The Associated Press average for 15 utilities rose to 31.4, while the overall 69 stock average held at 44.2 as turnover slipped to 907,910 shares. curb market also edged higher with gains in American Gas Cities Service Electric Road & Share and others.

New York Chicago Dayton Associated Press Stock Exchange Consolidated Gas Peoplea Gas Public Service of New Jersey WU. S. Steel Allied Chemical American Smelting Chrysler Union Carbide T Union Pacific American Gas Cities Service Electric Road & Share Pennsylvania Water & Power Niagara Hudson American Cyanamid R.’' Gulf Oil Parker Rust Proof Seeman Aroa

Fort Worth Livestock Roundup Sees Mixed Hog Cattle Prices

Fort Worth market reports hogs steady to 10.6 higher with top 9.50 and 185 to 290 lb hogs around 9.25 to 9.45. Cattle activity slow with loads of medium and good fed steers near 9.00, fat yearlings scarce, and butcher cows around 4.00 to 4.74. Sheep and lambs show softer pricing with spring lambs at 5.75 to 7.00 and fat yearlings near 6.00.

Fort Worth

Livestock Prices steady to higher in Los Angeles market

Los Angeles stockyards report June 17 with hog receipts 100. few choice grain fed at 10.75. light locals 10.95. Yearling steers 9.25. grain fed steers 8.50. Calves receipts 600 steady with Arizona calves at 8.00. odd lots down to 6.25. Sheep receipts 1,800 steady. shorn yearlings around 5.50.

Los Angeles Arizona

Livestock Prices Slip as Slaughter Steers Reel in Week

At St Louis market on June 17 cattle and calves moved moderately with steady to lower demand. Slaughter steers ranged around six to nineteen dollars, vealers showed gains up to $8.28, while sheep activity was light with bids softened and lamb demand scarce on clipped yearlings and native spring lambs.

Wichita and Denver Livestock Markets Report June 17

Wichita market shows cattle trends steady to lower with loads of fed steers around 10.00 and good lightweight heifers up to 32.40 others near 5.00 to 7.00. calves and bulls vary. Denver market slows but remains steady to lower with beef steers near 8.00 to 11.00 and cows 3.00 to 7.00. calves at 5.00 to 11.80. stockers and feeders around 4.90 to 16.75. Sheep and goats in Kansas City and surrounding areas show steady to lower prices with fat lambs around 7.50 to 7.00 and ewes near 2.70 to 3.18.

Kansas City Selower Chicago D. A Wichita de Lawer Denver

Omaha Livestock Market Report Summary

Omaha cattle and calf markets show late June activity with prices around top $488 and bulk sales near $9 to $16. Steers and heifers mixed with weaker demand. lambs and yearlings softer, ewes down. Oklahoma City and other markets showing similar softness in calf and hog trades. Textile and silk goods markets in New York remain quiet with modest dress demand.

New York Reson

Wool Market Closes in Boston Amid Trading Slack

The wool market in Boston closed for the day as trading slowed substantially. Local buyers and sellers reported reduced activity and tentative prices across the market.

Boston

Markets in Brief: Mixed signals across commodities and stocks

New York reports irregular stocks with utilities firmer as bonds hold steady. Curb trades mixed while energy shares rise. foreign exchange uneven with sterling gaining. Cotton quiet amid favorable Texas weather. sugar weak on weak demand. Chicago wheat and corn up on wet harvest delays. cattle sluggish as heat presses. Hog prices steady to lower with top around 10.00.

New York Texas Chicago

Cotton prices ease on light Texas rain. New York market slips

General Market reports cotton futures easing 8 to 12 points as trading slows awaiting Washington. In New Orleans, market activity limited with declines in active months, quotes near opening levels, and weather forecasts showing little rain in Texas. Port stocks and receipts cited. spot cotton in New Orleans closed steady with minor declines across grades.

New York Texas Washington Commission House Liverpool U. S New Orleans Taynet Chester Davis Galveston Houston

Liverpool Cotton Prices and Futures Report

Cotton market in Liverpool on June 17 shows 17,100 bales with 200 American bought. Spot market steady to higher by ten points. American strict good middling 7.86, good middling 7.06, strict middling 6.91, middling 6.86, strict low middling 6.76, low middling 6.51, strict good ordinary 6.31, good ordinary 6.01. Futures closed quiet with July 6.35, October 6.07, December 6.02, January 6.02, March 6.02, May 6.00.

New York Low Yast Liverpool

Spot cotton prices steady in Galveston market

In Galveston on June 17 spot cotton closed steady with 10 points down. Quotations for 15-18 inch bales include low ordinary 9.35 ordinary 9.85 good ordinary 16.35 strict good ordinary 10.85 and middling factors around 12.9 percent to 12.95 with a few variations. Sales-spots none, F. O. RB. 450.

New Orleans Siles Galevston Galveston F. O

Bleachable Cottonseed Oil Prices Move Slightly

In New York on June 17 bleachable cottonseed oil finished steady to a touch lower by 1 point with 2 cent contracts sold. Spot prices were nominal and futures listed at July 10.29 and December 10.10 with other months around 10.27 to 10.28 and 10.16.

New York

Cotton seed oil futures close steady in New Orleans

New Orleans June 17 cotton seed oil futures closed steady with June at 9.85 to 9.88 dollars, July around 9.80, September near 9.85, and October at 9.70. Prime summer yellow trades between 9.85 and 10.00, prime crude 9.00 to 9.25.

New Orleans Ussr

Cottonseed price quotes from Fort Worth Texas mills

Western Feeders Supply Company lists cotton seed quotations f o b Texas mills. Prime loose hulls per ton 12.00 and 14.00 for specific lots. Prime cold pressed seed per ton 34.00. Prime creased screened meat and cake 48 percent protein per ton 38.00.

Cottonseed Feeds Fort Worth Tex Western Feeders Supply Company F. O. B. Texas Mills

New York Money Market Report June Rate Snapshot

Call money steady at 4 percent all day. Time loans steady with offers for 4 to 8 months and 60 to 90 days. Rediscount rate set at 1 percent by the New York Reserve Bank.

NEW York Money New York N. Y

Suits Delayed by Flood Waters in Tyler

Flood waters delayed official papers from Austin delaying the trial of several cases challenging railroad commission orders. The case of James T. Smith versus the Railroad Commission began instead, formerly set for Wednesday, over Smith’s request to drill an offset on a tract in Rusk County denied by the commission.

Tyler Tex Austin Railroad Commission James T. Smith Smith Rusk County

Spacing Rule Debate at Texas State Oil Hearing

At a proration hearing in Austin on June 17 the Texas Railroad Commission discussed oil well spacing after a Supreme Court ruling. F E Thompson reported Texas June output at 1 059 400 barrels daily and July projected demand at 1 064 400 barrels daily. He noted 1 066 769 barrels daily produced in Texas with little storage change.

Austin Federal Bureau of Mines Today Texas Railroad Comission Texas FE. O. Thompson Supreme Court Thompson Bailey Hardy Hines Baker Houston Gordon Griffin Commission Sast Gulf Coast Refining Company Dickinson, Anahuac Tomball Raccoon Bend Texas Company Manvel

Oil Investigation Stalled Says Henderson Senator

State Senator Joe Hill of Henderson, chairing the oil sub committee, said no dates are set for further hearings in East Texas or elsewhere. He notes the panel has heard testimony on suits for confiscation and will not disclose line-by-line details until its inquiry is complete. He criticizes the law about state “kidnapping” oil but will await full enforcement details before commenting further.

Henderson Joe Hill Senate Investigating Committee Texas Austin Hill

New Bell Oil Well Near Ridge Shows Oil in Granite Wash

Reports from Bell Oil & Gas on No. 1 Furneaux in section 110 show an estimated 50 barrels daily from the granite wash pay at about 3 060 to 3 070. The well, shut down at 3 122 for six inch pipe, bailer runs 20 times yielded oil each pass. If south of the granite ridge, this test could become a strong producer.

Bell Oil & Gas Company No Furneaux H&gn Granite Wash Granite Ridge

Spanish singer to perform at Portales on June 21

Special to The News from Portales New Mexico June 17 Don Felipe Delgado a Hollywood lyric tenor and member of the Las Vegas Spanish family will present Sombra del Pais Shadows of the Country as part of Eastern New Mexico Junior College summer offerings on June 21 The program includes songs from Argentina New Mexico Old Spain and Mexico with costumes and lighting enhancing the performance

Portales N. M Don Felipe Delgado Hollywood Las Vegas New Mexico Argentina Old Spain Mexico

Worth man may seek Thompson job

Friends of Worth County grooming Ernest O Thompson for road commission run. A candidate discussion centers on Thompson and potential rival H L McKee of Port Arthur. The piece notes Thompson may seek re election and McKee is mentioned regardless of field.

Ft, Worth Thompson i.Friends of Worth House Austin J. C. Duvall Ernest O. Thompson H. L. McKee Port Arth Railroad Commission

Rogers Eyes Sayre Oil Pay in East Wheeler

In No 1 Timberlake Rogers et al drill in section 86 block 13 H GN survey Wheeler County no water yet at 3050 feet. A rainbow oil layer at 3020 to 3030 in dolomite prompts a shift to Sayre pay at 3385 to 3450 with gas at 3180. Elevation 2136 and plan to 3500.

Rogers Et al H&gn Wheeler County Joe Rogers Rogers Sayre Timberlake Rigdon Beckham County Oklahoma Erick Derick Mudge Oil Co Darby Oil Company

Pipe Lines Protest Latest Valuations In Texas Hearing

Arkansas and Atlas Pipe Line companies protested proposed increases in intangible value assessments at a hearing with Tax Commissioner R B Anderson. Atlas value rose to 1 036 800 from 572 230 while Arkansas jumped to 1 280 700 from 30 700. Atlas cites loss of connections to producers. Arkansas cites earnings projections dropping from 620 000 last year to 353 000 this year and 77 000 next year.

Austin Texas Arkansas and Atlas Pipe Line R. B. Anderson Arkansas Atlas R. H. Frost M. J. Lasseigne The

Sinclair Offices Move to Amarillo Center of Field Activity

The Sinclair-Prairie land and geological offices relocate to room 530 Amarillo building with removal from Borger camp completed last week. Larry Oles leads, Dale J. Benson assists. Production and petroleum engineer offices shift to Pampa. W G Gish of Fort Worth oversees southern division offices visiting Amarillo to inspect the new setup and attend the gas hearing.

Sinclair-Prairie Company Amarillo Borger Larry Oles Dale J. Benson Pampa Oles W. G. Gish Fort Worth Sinclair Interests

Esther Tuttle Leaves to Take FERA Position

Mrs. Esther Tuttle, five years with the city water department, departed yesterday for Santa Fe to join the state FERA office. She will reside in Santa Fe and made her home at the Capitol Hotel.

Esther Tuttle City Water Department Santa Fe Tuttle State Fera Capitol Hotel

Seed Available In Erosion Work This Week In Panhandle

Panhandle farmers can obtain Club milo and hegari seed this week for late cover crop planting. The Seed from Soil Conservation Service aims to protect land where crops failed or were not planted, not for production. Seed must be planted to leave winter cover, improving erosion protection before next windy season. Applications available at county agent offices.

Panhandle Potter County P. C. Bennett Soil Conservation Service Bennett

Coogan Faces Love or Law On His 21st Birthday

Jackie Coogan turns 21 in October and will receive almost $1,000,000 held in trust from his juvenile career. He says he is in love with Toby Wing but has not decided if marriage or completing a law course will come with his wealth. He adds readers should ask Toby.

United Press Hollywood Jackie Coogan Coogan Jackie Toby Wing Toby

Kathryn Burwell Takes Position at City Hall

Miss Kathryn Burwell resumes city hall work, currently serving as clerk in the City Water Department. She has held multiple city roles, including secretary to W. Nurham, the city manager under Mayor Col. Ernest O. Thompson.

Kathryn Burwell City Hall City Water Department Burwell W. Nurham Col Ernest O. Thompson

Crochet Dress Pattern 5384 Promises Year Round Style

Simple beginner friendly dress pattern 5384 offers a summer to winter crochet option with lacier yoke and sleeve. Includes sizes 16 18 and 38 40 plus illustration and stitch list. Send 10 cents to Amarillo Daily News Household Arts Dept New York for pattern.

Enin Amarillo Daily News Household Arts Dept W. 14Th Street New York N.Y

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