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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 19, 1940

Page

7

Market Uptrend Amid Light Trading In New York

Traders kept hands in pockets as markets climbed slightly on June 18 with the Associated Press average up 0.2 to 41. Transfers totaled 718,810 shares versus 1,208,330 yesterday. Aircraft lagged amid navy plane contract concerns while oils softened on potential overseas petroleum curtailments. Airlines and Allied Chemical led gains. several major names held steady or advanced modestly. Some issues fell after initial gains as European war news drifted.

New York Associated Press Senate American Airlines Eastern Air Lines Allied Chemical Us, Steel Bethlehem Republic Chrysler Goodrich Goodyear Sears Roebuck United Aircraft American Telephone Western Union N. Y. Central Pennsylvania Southern Pacific Great Northern Kennecott du Pont American Smelting International Nickel

Wheat Market Ends Steady After Dull Session

Chicago futures barely moved as wheat traded within a cent and a half, closing unchanged to a fraction higher. Market driven by light interest, stock gains, and mixed crop comments from the Southwest. September wheat around 76 cents, corn up modestly, oats down, rye and soybeans mixed. Kansas City cash grain shows varied bids, Fort Worth cash grain and New York metals report subdued prices.

Chicago Kansas City Dee Gorn Fort Worth New York Conn Valley East St. Lous East St. Louis

Closing New York Stocks June 18 Report

Market roundup from New York shows mixed trading as stocks close unevenly. Analysts note modest gains in industrials while utilities provide support and technology slightly weaker amid broader market caution.

Cattle Market Steady-Lower Across Kansas Market Report

Cattle market mixed with steady to lower trends including hogs at 15-20 cents under Monday. Prices show 180-240 lb hogs around 4.90 to 5.00, light weights down to 4.75. Cattle salable totals about 2,800 with calves, steers, heifers, and cows varying from steady to weak. Sheep and lambs seen slow with lambs weak, clipped lambs steady to weak, native spring lambs weak, sheep steady, and ewes down from 3.00 for early lots. Prices reflect general market softness and dealer activity in Liv Kan listings.

Oklahoma City New Orleans Seminole Field State Oklahoma Texas Texas Panhandle Dull Gulf Coast Southwest Fotal Louisiana California Kansas Arkansas Michigan New Mexico Rocky Mountain Ress US. D. A Denver Livestock Denver USDA Fort Worth

Cotton Market Ends Day With Gains Across Averages

New Orleans cotton futures closed with modest net gains of 12 to 15 points. July contracts traded around 10.34 to 10.35, while October moved near 9.40 to 9.41 and March around 9.05 to 9.14.

New Orleans Cotter New York

Oil production rises across US led by Texas and New Mexico

Daily average oil production in the United States rose by 10,066 barrels to 3,818,998 last week per Oil and Gas Journal. Major fields show gains with Oklahoma mostly up. Texas and New Mexico led with notable well activity and regional stock and livestock market updates appear for Oklahoma City and Denver.

Tulsa Oklo U.P United States The Oil and Gas Journal Mid-Continent Oklahoma Texas Ilinois Kansas Louisiana Arkansas

Oil Market Summary Tulsa Oklahoma June 18

Oil markets show gasoline and natural gasoline largely steady on ample supply. Refinery prices for crude products list U S motor gasoline at 72-74 oct, natural gasoline 26-70, water white kerosene 42-44, and various fuel oils and gas oils with mixed gains and declines. Fort Worth livestock and Chicago produce rounds include cattle, hogs, sheep, poultry and dairy price movements across regional markets.

Oklahoma U. S North Texas Chicago Plymouth Rock Springs White Rock Springs Plymouth Rock White Rock

Weather Data and Military Draft Proposals Lead News Day

Cottonseed price quotes for Texas mills are listed with prime loose hulls prime cold pressed seed and prime cracked meat values. Dow Jones Averages show gains with 30 industrials up 41 points. Julius Ochs Adler calls for a 1,000,000 man air force and 3 to 4 million army. Swiss neutrality law limits flag display to legations and consulates.

Fred Fort Worth Western Feeders Supply Company Texas Milla DOW Jones Fenner & Beane

Galveston Spot Cotton Prices Show Mixed Movement

Galveston June 18 spot cotton closes steady with varied grades listed. Prices range from low ordinary 7.20 to good middling 11.90, middling 9.60 to 11.10, and no sales reported.

Galveston

Dalhart Tot Dies After 26 Days Unconscious

Peggy Jean Dillehay four year old daughter of Mr and Mrs Peck Dillehay and granddaughter of Mr and Mrs M S Dillehay of Dalhart died in Denver after 26 days of unconsciousness at Children’s Hospital. She collapsed in a Dalhart store two months earlier and later suffered convulsions after a dog bite rumor. Despite treatment by over 50 doctors none diagnosed the illness. Funeral rites are pending.

Dalhart Peggy Jean Dillehay Peck Dillehay M. S. Dillehay Denver Children's Hospital Peggy Amarillo Pegeay

Four Dalhart Men Paint Four Houses In One Evening

During Dalhart's Cleanup Week four men Henry Davis T N Wilcoxson W R Baxley and Marvin Enfield organized to repaint four stucco houses. With only two to three hours available per day they tackled one house at a time and completed all four in a single evening, averaging about two and a half hours per house.

Dalhart Rock Island Henry Davis T N, Wilcoxson W. R. Baxley Marvin Enfield

Not Every Gas Producer Is a Taxable Entity

Texas Attorney General Gerald Mann advised the comptroller that not all gas producers are taxable under state law. If a company supplies gas to the state prison system gratis, it is not a producer for gross production tax purposes. If the gas is sold to royalty owners via accounting to the prison system, tax applies.

Austin Atty Gerald &. Mann

Increased Allowable Sought for Henderson County Oil Wells

In Austin on June 18 operators of the Rowe and Baker field asked the railroad commission for higher well allowables due to rising demand for fuel oil. Testimony indicated two wells with an existing 38 barrels daily each produced low grade crude with limited market until recently. Operators said the crude, low in gasoline and kerosene, could be refined into a fair fuel oil grade.

Austin Rowe and Baker Henderson County Railroad Commission

Nebraska Boy Builds Tank Like Tractor In Yard

Scottsbluff Nebraska on June 18 a 16 year old built a makeshift tank from a tractor. The setup ran into trouble when the machine balked and toppled a 12 foot elm tree, landing in Henry Holt's yard. Authorities noted no actual combat use.

Scottsbluff Neb London Henry Holt Prench Poreh

Testimony Heard In Water Injection Case In Texas

Railroad commission engineers heard testimony from Ohio Oil Company representatives on converting an East Texas well to salt water injection into Woodbine sands. Previous permissions exist for other wells. A hearing on Rockland pool field rules was postponed. June 27 set for Boyle field rules in Starr County and Magnet field proration units in Wharton County. June 22 testimonies for Tidewater Associated Oil to complete Shaw and Corn No. 12 in Long Lake and Ware No. 15 in Cayuga as gas and oil wells. Also hearing on whether area around Grisham No.1 on Cowden lease in Ector County should be a separate pool with special field rules.

M & Fay Aviation Corp Sia Rarnsdall New York Calumet & Hee Boston Curtiss Wright du Pont Republic Steel el Power & Lt Central Allen Motors East Air Lines Freeport Beth Steel Elec Ity Unit Air Lines Gen Foods South Ry Houston Tnt Harvester Tnt Hydro Fl Johns Manville Kennecott Cop Lockheed Aire Loew Hall Field Treasury Amarillo City Amarillo Airport Abilene Texas Nash Kelvinator Alpine Tex Tec Ag Nat Biscott Austin Tex Catry Pr HOLG Belse Tdaho Nat Distillers Brownsville Nat. Pow & Lite Arma Cerrizoro N, M Seas Nor Amer Co A.T Chicago Nor Pac C'neinnatl Ohio Aimee Cheton N. M Corpus Christi Dallas del Rio Par Gas & el Denver Colo.tere Des Moines Pan Am Air Panhandle P&er Dodge City Kan Penney Edmonton Penn RR Phelps Aia Havre Mont Tee Allman Hejena Mont Pure 6Th Aa Huron RC Oe Jacksonylle Fla RKO Kamloops Can Kansas City Mo Rem Rand Lamar Cola Montgomery Nashville Tenn New Orleans North Platte Indi Oklahoma City Omaha Stewart Warn Phoenix Ariz Stone & Webster Portland Ore Studebaker Pueblo Colo Or Rapid City Doe Tex Cor Roswell St Louis Tex Gulf Sylph Salt Lake City Tex Pac OC & O San Francisco Cal Senta Fe Trans & West Air Sheridan Wyo Union Carbide Ec Corp Williston N. C Wilmington N.C Os ‘Walgreen Warner Bros Wyvest el Mfg June &P Railroad Commission Ohio Oil Company East Texas Woodbine Rockland Pool Boyle Starr County Magnet Wharton County Commission Tidewater Associated O R. B. Cowden Ector County

Shell oil directs exploration centralization to Houston

Houston will host the central office for all Shell Oil Company exploration and production east of the Rocky Mountains. The move, announced officially, shifts head offices from St Louis to New York this fall while Shell Pipe Line Corporation keeps its Houston office. The firm cites southwest growth and investment as justification for Texas centralization.

Houston Shell Oil Company, Inc Rocky Mountains St. Louis New York Shell Pipe Line Corporation Shell Southwest Texas

Sinking of Tanker Confirmed Off English Coast

PORT ARTHUR June 18 Texaco officials confirmed the sinking of the Texas Company of Norway tanker Talia sailing May 21 from Port Arthur to European ports. Earlier reports said torpedoing or bombing June 14 off England with 19 men lost. A sister ship of the Skandanavia Italia was launched at Hamburg a year ago.

Port Arthur Texaco Marine Texas Company of Norway Talia Farlier England Hambure

Insurance Commissioners Asked To Clarify Sabotage

In Austin on June 18 Texas insurance commissioners were asked to consider sabotage and clarify regulations. R B Cousins said sabotage is too great a hazard for extended coverage and may not be covered by vandalism clauses. Proposals also call for earthquake insurance and a 50 percent windstorm rate reduction, with support and opposition noted. Ralph Soape urged an overall rate cut saying Texas is 32 percent above national levels and 85 percent of its 18 year ago rate while the nation sits at 66 percent of its former level.

Austin Texas Insurance Commissioners R. B. Cousins Texas Association of Insurance Agents Cousins Ralph Soape Insurance Buyers Association Dallas Texas

Ticket to Hollywood continues with a risky con plan

Francie agrees to aid Aunt Hal in a scheme to get to Hollywood by securing a coveted ticket. Aunt Hal platters romance and manipulation, arguing men are gullible and promising easy wins with John and Gusty in tow. Francie, dazzled by dreams of stardom, commits to the plan.

Francie Aunt Hal Pops Het Hollywood John Jerry Finney

Radio Schedule Highlights for KGNC and Affiliates

A dense listing of Wed morning to late evening programs across KGNC and NBC affiliates, detailing station power, time blocks, show titles, hosts, and orchestras. Includes news flashes, dramas, musical programs, sports, and religious segments with numerous named programs and personalities.

KGNC Bkg Palm News NBC Nano Rodrigo Panhandle Laundry Almanaca Leonard Rhythm Parade Dell Leonard Marketa James L. Cordon Neighbors Dr. Matone David Harum Lone Journey News the Guiding Light Kate Hopkins Angel of Mercy Portian Blake Life Wasleast Farm Home Hour Hymna of All Churches Arnold Grimm H. V. Kaltenborn Jerry Sears Redding Flying Dutchman Squires Ma Perkins Pepper Young Family Vic and Sade Sam Stella Dallas Lorenzo Jones Young Widder Brown Frankie Masters Charles Sears Li'l Abner Gus Steck NYA Paul Douglas Vesta O'Dell Vic Arden Town Crier Amarillo Curtie Douglas Fred Allen Kay Kyeers Kollege Jerry Sadler Fred Waring Pleasuretime Newsa Earl Hines Woory Herman Jan Bavitt Jan Savitt

How's Your Radio Expert Repair Man in Globe News Ads

Classification 39 in the Globe News want ads highlights deals on radio repair services and outstanding values in new and used radios. The ad appeals to customers seeking expert maintenance and affordable radio options in the classifieds section.

Also Mentioned on This Page

Standard Oil N. J Texas Corp Loew's Anaconda Douglas Aircraft Boeing Martin Westinghouse Kodakian Jones & Laughlin N. J. Zine Pennsylvania Central Air Lines Aluminum of America Pantepec Bell Aircraft American Gas American Cyanamid Brewster Aero Ally Cash Grain Am Gas & E Bell Aire Crocker RAY el Bond & Shye Gulf OW Humble Oil Liv Crown Block Field Developments Weather Data Julius Ochs Adler New York Times National Editorial Association Dillehay Nebraska Shell Headquarters KEDA Ernest O. Thompson Sunny Brook Kentucky Lesage Comp W. H. Pears NEA Service. Inc KFDA TBN Rhythm Ranch Boyx Studin Monitor Studia Studi Tan TSN Carol Leighton North Amarilla Delaware MBS Baylor University Men of Fate Newt Palton Lewis Mbs Jones Drive San Jacinto Boosters Leachman Trio Eddy Dunsmoor Orch Newe Just We Two Dance Orch Chuck Foster Phil Harris the O'Neills Nbc-Wear Bud Barton Nbe Wjz-East Scattergood Baines Cbs-Wabe Bephas Annie Mbs-Wor-East Abner Nbe-Weat Wss Tower Town Mbe Chain Edwin C. Hill Ebs Wabe-Baste Malcolm Claire Bill Stern Ed East Hedda Hopper Nan Wynn Chain Dancing Music Orchestra Paul Sullivan Spis Nhbe Lowell Thomas F. Waring Weaf Amos Andy Fulton Lewis, Jr Keen Lanny Ross Byrne and Allen J. Hersholt Christian Mbs-Chain Elmer Davin Allen Nhe-Weat Nhe-Wia Theater of Stara Cbe-Wabe Dance Music Orchestra Maj Nason Mbsa Roy Shield Wia Canada Kay Kyser Glenn Miller & Orchestra Raymond G. Swing Ebs-Wabe Wor Wle Ebs-Wabc-East Amos and Chains Mitchell Mbs-West Ed Hill Cbhs Nbe-Wa Globe News
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