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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 26 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 18, 1941

Page

7

Revival of Investment Buying Lifts Market in Late Session

New York stocks closed with fractions of gains as investment activity revived in late trading. Senior and specialty issues rose 1 to 3 points, with Commonwealth and Southern, Certain-teed, General Steel Castings, Kinney, American Woolen and General Cable leading advances. Major names like U S Steel, American Telephone, Chrysler and Westinghouse also contributed, while grains in Chicago slipped late with wheat steady to off a fraction.

New York Commonwealth & Southern Certain-teed General Steel Castings Kinney American Woolen General Cable U. S. Steel American Telephone Chrysler Santa Fe American Car & Foundry Anaconda Yellow Truck Douglas Aircraft Consolidated Aircraft Westinghouse Eastman Kodak Loft Texas Corp Chicago

Purchasing Agents Plan Panhandle Meeting at Capitol Hotel

Tonight at 7 oclock the Panhandle purchasing agents and superintendents in charge of buying and materials will meet at the Capitol Hotel to organize an association. Representatives from Sunray Borger and other Panhandle cities will attend with J R Boone of Amarillo credited as originator and Borger sponsors.

Soybeans Steal Show In Grain Pits In June Trading

In Chicago on June 17 soybeans led the grain pits with deliveries advancing to near seasonal highs. Wheat and corn finished near Monday’s close while cotton strength and a rebound in cottonseed fueled grain rallies across sectors. Market notes from Chicago cash grain also show mixed wheat, corn, and oats prices across Fort Worth and Kansas City exchanges.

Chicago Fort Worth Kansas City

Market Roundup and Commodity Notes From New York and Chicago

June 17 stock and commodity bulletin reports firm overall equities with demand for senior shares, narrow bond activity, quiet foreign exchange as Canadian dollar slips, cotton higher on short covering, sugar improved due to Cuban and world contracts, metals steady with tin inching up, wool tops easier from liquidation, Chicago wheat and corn lower on fair weather and weak demand, hogs active 5 to 10 higher peaking at 10, cattle moderately active and steady.

New York Commission House Chicago

Amarillo Markets Report Wheat Prices Little Change

Amarillo wheat markets show nominal gains with prices around $0.80. Receipts total four cars as buyers linger.

Amarillo

Potatoes Market Report From Chicago Prices Steady Demand Mixed

Potatoes arrivals 117 on track 499 with light new stock and moderate demand for Southern best quality. California long whites US No 1 priced 2.40 to 2.45 with steady market. Texas and Arkansas Bliss values range 1.75 to 2.10. Idaho russet Bur banks US No 1 1.75 to 2.20. Old stock supplies moderate and demand fair to strong in places.

Chicago California Texas Bliss Arkansas Bliss Alabama Bliss Idaho

Chicago Produce Market Report June 17

Chicago market round up shows poultry receipts 1 car 36 trucks with steady to easy tone. Heavy hens priced 19 4c small hens 2c White Rock springs under 4 lbs 16 440. Butter receipts 1 638 358 lbs prices by score range show 91 90 93 92 89 and 88 scores with various car prices. Eggs receipts 18 608 cases market firm firsts 25c 26 4c checks 23 0 storage packed extras 26 4c. Cheese prices quoted for Twins Daisies and Longhorns.

Chicago U.P White Rock Springs

Boston Wool Market Sees Light Activity On Holiday

On June 17 the Boston wool market showed little business as many houses closed for a local holiday. Remaining firms operated with reduced staff while some mills showed interest in graded wools. Prices quoted included combing half blood at 1.00 to 1.03 dollars per pound scoured and combing three-eighths blood at 0.93 dollars scoured, with late sales of three-eighths blood bright fleece at 0.46 to 0.47 cents grease.

Boston Wool Boston U. S. Dept. Agr

Metal Prices Steady Across Copper Tin Lead Zinc in New York

New York metals report shows 4 percent copper steady at $12.00 spot and export fas NY 11,00412.00. Tin steadies at $52.07 spot and $52.12 forward. Lead steady $5.85 to $5.90 in New York and $5.70 in East St. Louis. Zinc at $7.25 forward and spot in East St. Louis.

New York Conny Valley Fas East St. Louis

Buyers Prefer Medium Grades Show in National Livestock Markets

Kansas City reports fair hog demand for 170 to 340 pound classes with top at 10 dollars. Cattle volumes around 4 000 head, buyers favor short fed steers and medium grades, ring steady to higher on select lots. Sheep run brisk with yearlings near six dollars, natives above ten dollars for spring lambs. Chicago grain and cattle markets mix, but fat cattle remain steady to higher. Fort Worth notes beef cows firm to higher and hogs easing slightly from Monday.

Kansas City UAR Chicago Iowa Fort Worth

Livestock Prices Steady in Los Angeles and Oklahoma City Markets

Los Angeles cattle and hog markets show overall steadiness with choicest hogs scarce and top hog prices near 11.50. Idaho fed steers hover around 11.60 while cattle and calf quotes mix with sows, cutters, and bulls across grades. Oklahoma City reports steady sheep and hogs with top vealers at 11.00 and hogs up to 9.95, stockers and feeders active.

Federal State Market News Service Los Angeles Idaho

Warning to Plains motorists urged safety first

Amarillo Safety Council member A Mitchell urged Panhandle drivers to observe safety as the June Teenth celebration drew crowds. He cited rising traffic deaths, noting 42 fatalities including Lucille Betty on an Amarillo street, and urged careful driving tomorrow to prevent accidents.

Panhandle Amarillo Lucille Betty

Silverton Lions Elect New Officers and Directors

Silverton June 17 Special The Silverton Lions Club elected officers including President Roy W Hahn and Vice President C B Anderson. Claude Carpenter J L Webb and others named as vice presidents directors and officers will assume at the last June meeting.

Silverton Silverton Lions Club Roy W. Hahn C. B. Anderson Claude Carpenter J. L. Webb J. W. Peeler Edward Minyard W. E B. Schott, Jr J. T. Luke T. R Whiteside Maurice Foust Jake Honea W. Coffee, Jr Lion” Banders

Cotton Futures Reach Highest Spot Since 1937

New York and New Orleans reports show cotton futures advancing to peak levels not seen since April 5, 1937. Trading saw strong mill and trade support with exports totaling 1,050 bales yesterday and port stocks rising to 3,314,650. Spot cotton in New Orleans closed 18 points higher with steady seed oil and feeds pricing across regions.

New York Worth Street New Orleans

Childress Celebration Set for July 18

Childress County pioneers plan a basket picnic and all day entertainment on July 18 in observance of the county’s founding in 1888. W. H. Connell heads the old settlers association. committee members include John R. Scott Reid B. Scott Tom Hardin J. P. Barnett J. M. Crews Ed Crews and others.

Childress Childress County W.H. Connell Old Settlers Association John R. Scott Reid B. Scott Tom Hardin J. P. Barnett J. M. Crews Ed Crews J. W. Allmond J. W.snyder G. W. Mitchell Dorman Groseclose J . Whitehad J. B. Johnson John and Bill Tippett 8. B. Crain Tom Rothwell

Aged Pampa Man Charles Drennen Laid To Rest

Funeral services for Charles Drennen of Pampa aged 72 were held at 2 30 P M Tuesday at the First Christian Church conducted by Rev B A Norris. Burial followed in Fairview Cemetery under Duenkel Carmichael Funeral Home direction. Drennen died Sunday afternoon at his daughter’s home after a heart ailment. He had lived in Pampa three years after coming from Borger. Survivors include his widow and two daughters Mrs Benefield and Mrs Thelma Elliott of Oakland California.

Pampa Charles Drennen First Christian Church B. A. Norris Fairview Cemetery Duenkel-Carmichael Funeral Home Drennen Carl Benefiel Borger Benefield Thelma Elliott Oakland Calif

Silverton Masons Elect Officers for Ensuing Year

Silverton Masonic Lodge elected R. E. Douglas as Worshipful Master C. D. Wright as Senior Warden L. T. Wood as Junior Warden T. R. Whiteside as Secretary H. B. Sanders as Treasurer T. M. Allday as Chaplain W. N. Dunn as Tyler for the coming year.

Silverton

Legislature Passes Clark Bill Making Oil Proration Permanent

In Austin on June 17 the Texas Legislature approved by wide margins a Clark bill to formalize oil proration by the Railroad Commission and make it permanent. The Senate voted 21 to 6 with one pair. the House 106 to 22. The measure, urged by commission members, resolves disputes over recent court rulings and ends key oil conflicts, with opponents citing industry interests and company influence. The conference report also sets proration as a permanent state policy.

Austin Texas Railroad Commission Senate Lester Clark Breckenhiage W. Lee O'Daniel House Railroad Commission Humble Oil & Refining Company Allan Shivers Port Arthur Sinclair Oil Company Ernest O.thompson Conference

Oil Production Climbs with Daily Gain of 83 745 Barrels

Oil production rose by 83 745 barrels daily last week according to the Oil and Gas Journal, lifting the national average to 9 834 220 barrels. The Bureau of Mines had estimated June demand at 3 830 000 barrels daily, with state and regional production figures listed for June 7 and June 14.

Tulsa Oklo The Oil and Gas Journal Bureau of Mines Arkansas California Kansas Louisian& Eee Michigan E.s Mississippi New Mexico Oklahoma Rocky Mtn Nebraska Fein Texas West North Central East Central Texas Panhandle Texas Gulf Coast Southwest Texas

Oil Market Summary From Tulsa With Mixed Tank Car Rates

Midcontinent oil markets showed no change with strong demand for fuel oils and gasoline while light fuels remained steady and crude prices firm. Tank car rates for Oklahoma and North Texas list prices for gasoline octane grades, natural gasoline, kerosene, gas oil and various No. oil grades with scattered per gallon and per barrel figures.

Tulsa Okla U.P F.O.B Oklahoma A Oklahoma Texas

Former Dalhartan Succumbs

Rev. Fr. Martin Kraff, former Dalhart hospital chaplain and active Loretto parish priest, died in a Tucson sanitarium after years of service with the Order of the Precious Blood. His Dalhart years included extensive boy scout work. Coal mines of Japan may be placed under government control.

Japan

Notice to Creditors of Anna Hightower Estate

Original letters of administration issued June 3 1941 by Potter County Court Texas to E T Miller executor. All claimants must present claims within legally prescribed time. Residence Suite 606 Oliver Eakle Building Amarillo Texas.

Anna Hightower Potter County Texas Oliver Eakle Amarillo E. T. Miller

Ben Swaffer Rites Set in Oklahoma

The body of Ben F. Swaffer a 44 year old World War veteran and automobile mechanic died from injuries when a motor car fell on him at the Amarillo Veterans Administration facility. He was admitted to the Amarillo hospital Sunday and sent to Altus Oklahoma yesterday by Boxwell Brothers funeral directors.

Ben F. Swaffer Amarillo Veterans’ Administration Altus Okla Boxwell Brothers Amarillo Hospital

Six State Oil Leases Sold in Cimarron County Oklahoma

The state land office awarded six oil and gas leases in southeastern Cimarron County to W R B Wyatt Gulf Oil Corp and Phillips Petroleum. Bid amounts ranged from 363.26 to 962.80 per acre with total tract sizes spanning several hundred acres. Gulf Oil was the sole bidder on all tracts with bids over 320 per tract. In a separate note, about 40,000 people visited Tokyo shrines in one day to honor Japanese soldiers who died in China.

The State Land Office Cimarron County Okla W. RB. Wyatt Enid Gulf Oil Corp Phillips Petroleum Gulf Oil Tokyo Japan China

North Panhandle Paving Assured for 36-Mile Route

Dalhart Texas June 17 paving of State Highway 41 from Dalhart to the Oklahoma line 36 miles north is assured. Floyd Mec Neill says the Texas Highway Commission will allocate $40,000 to Dallam County to complete the road. The county had authorized $290,000 in bonds, with state assumption of principal and interest under the Road Rond Assumption law. The $200,000 earmarked covers the paving of the 36 mile segment, with 16 miles under construction and the remaining 20 miles now funded.

Dalhart Oklahoma Line Boise City Floyd MecNeill Dallam Texas Highway Commission Dallam County

Radio Program Schedule for Amarillo Area

A detailed Wednesday schedule lists KG 5 000 watts day and 1 000 watts night on 1440 Ke. Programs span 6:00 am to 12:00 am with NBC shows, local news, farm updates, serials, music, and dance programs. Notable entries include The Sky Pilot Farm News Breakfast Club of the Air Pepper Young's Family Lone Ranger and Amos and Andy, among others.

Sky Pilot Farm the Trading Post Breakfast Club of the Air NBC Neva Clark Dennis James L. Gordon Amarillo Pepper Young David Harum Sam National Farm and Home Hour Victor Arden Winstop Duzzit W. Lee O'Daniel Ma Perkins Vic and Sade Backstage Wile Estella Dallas Lorenzo Jones Revee Widder Brown Portia Life Lew White the Twig Army Camp L&c Paul Douglas Sparta Town Crier Fred Waring Bill Benson John Josey Lou Breese dJust Jonn Agnew Crean Mbr Gang MBS Stars At the Star Club of the Air John Metcalf Choir Loft MBE Easy Aces TSN Our Gal Wayne Westings Newa Edith Adama Helen Holden Art Mooney AMBS Milo Perez Shaffter Parker John Agnew Johnson Edna O'Dell Bulletina Paul Deker Lowry Kohler Dixie Reveiers Fulton Lewis, Jr Morgan 8Porta John Steele London The Bartons Cbs cbs-Dixie Unger Hollywood Paul Sullivan Comment Chicago Melody Weavers Cbs-Weat Lowell Thomas Wings Nbe Mr. Keen Lanny Ross Cbs-East Chicagoans Orchestra Cbs-West Sammy Kaye Abe Mister Meek Balter Wgen Kwk Wkre Wire Tony Martin Red Joe Kelly Edward G. Robinson Cbs Mystery Hall Plantation Manhattan Jean Hersholt Christian Dhs Boake Carter Elmer Davis Eddie Cantor Nhite Nbe-Red News Ted Steele Nbc-Blus Adventures In Rhythm Orches Kay Kyser Nbe-Red Authors’ Playhouse Nbbe-Hive Glenn Miller His Cbe Joe Louis Billy Conn West Nbc-Blue Juan Arvizu Harold Stokes World News Broadcasting Dance Music & News Edwin C. Hill East Amos Andy Cba Cba-West

Also Mentioned on This Page

Pers Patras Associated Press Am Wooten Anaconda Career EY A T & BF Eae Be Aviation Corp Barnsdall Oil Cee Eeosias Bendix Aviat Beth Steel Ose Borden See Ewanwees C—— Webbee Be Curtiss Wright Douglas Aire el Power & Lite Freeport Sylph Gen Foods Ete Montgom Ward Nash Kelvinator Ohio Ol Tee Packard Pan Am Airways Penney OU NJ Wart Warn Etone & Webst la Its Tex Car Tex Gulf Tex Pac C&o Union Carbide Union Ol Cal Curb Seas Am Gas el Tebeee Ark Nat Gas A Bell Aire Ee Ee Bellanca Aire Wee Brewst Aero Sae el Bond & Sh Humble Oil Lone Star Gas Todd Shipyds Une Comwith & Son General Motors Paper&p Util Unch DOW Jones Chicago Livestock Fort Worth Livestock LOS Angeles Livestock Oklahoma City Livestock Oklahoma City Plains Silverton Lions Western Feeders Supply Company Texas Mill Dee Senna Beeen Silverton Masons Elect Crown Block Field Developments City Ben Swaffer Rubber Stamps Free Whitney Company H. ¥. Robertson & CO Accountants & Auditors Bbrer Lotis Bide Amerie Cimarron North Panhandle Uruguay Hotel Texas Oteva Fort Worth, Tex Manxaye Leal Airis KFDA Jack Armstrong W. van Dyne Ews RADIO Globe News
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