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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 19, 1948

Page

6

Market Volume Drops to Lowest since June

Light but persistent selling pushed the market lower in New York on June 18 as volume fell below 1,000,000 shares for the first time since June 7. The Associated Press average of 60 stocks slipped to 71.2, with 1,047 issues on the tape showing 345 advances and 466 declines. Oil stocks outperformed, while United Air Lines and related air transport issues sank after the June 15 crash.

New York Associated Press United Air Lines United American Eastern TWA Douglas Food Machinery Corp Westvaco Chemical Corp Caterpillar Tractor United Aircraft American Smelting Allied Chemical Pepsi-Cola Southern Pacific Standard Oil (Nj Loew's Westinghouse Electric Jersey Central Great Western American Maracaibo Antepec Oil Claude Neon Amer St&Tac Kingston Amer Maracab la Land&Expl Ark Gasa Lone Star Gas Alias Plywood Natl BellHess Barry Biscuit Ning Hud Pwr Catalin Corp Northrop Aire Central &Sw Pantepec Oj Cities Service Pioneer Gold Cosden Petrol Ryan Conseil Solar Aircraft Electric B&s Sterling Inc Humble Oil Superior T&d Utal Idaho Sg Kaiser Fraser Wright Harer Radio Maracaibo Pensi-Cola Chi M St P&pac Sinclair Oil We Richfield Oil Socony St. L Can Nash Kelvin Plymouth Oil Air Lines RAM Ter Chi M St. Regis Am Airlines

Wheat Prices Slip as Harvest Expands Southwest

Wheat futures eased after broad harvest progress in the Southwestern winter wheat area. Receipts at Southwest terminals stayed heavy, with hedging pressure and some profit-taking. Corn and oats briefly rose then pared gains as soybeans moved higher on July contracts.

Chicago

Wool Tops Futures Steady Amid Trade Support

New York trading shows wool tops futures steady as buy support supports estimated 150000 pounds of sales. Nearby deliveries rise on dealer covering while distant positions ease on hedging. July to July futures varied with small gains and cert spot bids noted.

New York

Sugar futures in New York rise on June 18 trading

Domestic No 5 sugar futures climbed 3 to 4 points with 210 contracts traded. July at 4.86, September 4.91, December 4.88, March 4.63. World No 4 futures fell 3 to 7 points with 109 contracts. July 3.97, September 3.93. Raw sugar spot at 535. The report notes a goatee tax rule in Massachusetts per The American.

New York

Markets at a Glance New York June 18 Stocks and Commodities

Markets at a glance report mixed movement across sectors. Stocks were lower with oils resisting the trend while bonds showed a mixed tone as rails improved. In Chicago, wheat eased on hedging pressure, corn closed mixed after early strength, oats firm early but mostly lost gains, hogs ranged unevenly with 50 cent swings to a top of 27.75, and cattle were steady to weak with light steer trading missing.

Fort Worth U.P USDA US Department of Agriculture Production and Marketing Administration Texas Galveston New York Chicago Kansas City Oklahoma City Clovis W. H. Mundy Las Cruces RH. Clifton Melrose J. B. Edwards Arnold Attebury

Stock Market Quotations From Merrill Lynch Listing Dated Market

Stock quotations show numerous named companies including Allegheny, Amer Motors, General Electric, General Motors, United Aircraft, United Airlines, Coca-Cola, Boeing, Chesapeake Ohio, Penn Central, and Dow Jones components. The list includes percent changes and prices across diverse sectors from oil and steel to rail and consumer goods.

Fort Worth Produce Prices and Market Report

Wholesale dealers set egg and poultry prices for producers and truckers in Fort Worth. Eye market steady with Grade A whites large 45 cents, mixed 42, Grade B 38-40, Grade C 33-35. Current receipts mostly 11.10 per case. Live poultry steady with heavy hens 25-27, light 22-24, roosters 12-15, fryers 40-42 locally.

Lambert Co Juneau Siti Ae Allegheny Crp Libby McN&l Pianae Pte Aire Allietores Loews Inc Allis Chalmers Mack Trucks Amer Airlines Glenn Martin Amer Cable&r Miami Copper Amer Car&Fdy Amer Locomot Amer Armour & Co Natl Dairy Pr Assoc Dept Arch Top&sf Natl Distillers Veo Mfg Republic Avia Chgo Ri&pac Carrie Steel Rexarug Reynolds Tobb Cole Fuellron Bichfield Oil Columbia G&e Reeis Papr Columbia Carb Safeway Sore St. JosephLdt Gaee Sole Schenley Dist Seegeet Sears Roebuck Comm & South Consol Edison Special Ab Consol Vultee Continent Oil Sued Unionou Crane Co Sine Ae Crucible Steel Soecny Ramer Airlin Eaton Mfg Spg Stewert Warn Stone &Webs Electric Pw&l Studebaker Erie Railroad Ss Oil Farsworth Ty Gupray Guparaee Gulf Oil US Pipe&Fdry Homestake US Rubber Hood-Hershey US_ Steel House United Wallop Howe Sound Younesta S&t Younesta Zontte Fort Worth USDA Ege Grace

Potato Market Report Mixed Demand in Midwest and West

Chicago reports arrivals of 174 cars of potatoes with total US stock tightening and demand improving. Prices vary by variety and region with California Whites around 4.50 to 5.60, Bliss Triumphs at 4.25 to 4.60, Arizona Triumph around 5.35 to 5.75, Oklahoma around 4.00 to 4.65, and Arkansas and Louisiana listed in the 4.00 to 5.00 range.

Chicago California Bliss Triumphs Arizona Triumphey Oklahoma Triumph Arkansas Louisiana

Cotton slides as traders await Washington policy shifts

Cotton futures drift lower in slow trading as markets await Washington developments. Favorable crop reports spurred scattered liquidation while activity focused on balancing July positions before first notice day. May consumption reported at 785,440 bales vs 807,135 a year ago. first 19 months almost 700,000 bales below year prior.

New York Washington Bureaus of Census

Peace Office on Mediterranean Island Open

Count Folke Bernadotte arrived in Rhodes to begin setting up a basis for a permanent Palestine settlement. Arab and Jewish experts will assist as consultants, with Rhodes as a peace hub and no roundtable talks yet. Cease fire viewed cautiously, while Israel braces for possible extra events.

Cairo Folke Bernadotte Rhodes Palestine Tel Aviv Aegean Israel Amman Trans- Jordan Trans-Jordan David Ben-Gurion Haifa

Cattle and Hogs Mixed Across Markets in Midwest Reports

Oklahoma City and Fort Worth livestock markets report slow trade with cattle slow to steady and feeder shortages. Hogs show mainly steady to slightly higher tones in Chicago and Kansas City while sheep activity remains slow with spring lambs weaker.

Fort Worth USDA

Chicago Poultry Report Shows Mixed Prices and Steady Eggs

Chicago market figures list chickens and hens with steady eggs at 30,349 cases and mixed butter and root prices. The report notes brown and white eggs, various scores for meat and carrots, plus poultry extras and up poultry at nine.

Chicago Colored Springs White Rock Springs Plymouth Rock Springs

Amarillo Radio Programs Highlights and Schedule

A fragmented listing of Amarillo radio programs and time slots includes morning devotionals, farm topics, sunrise shows, music blocks, and variety segments. Named items mention Sunrise Serenade, News Exchange Radio Bible Study, Old Corral Breakfast, Music For You, Sunny Avenue, Teen Timers Club, Campus Capers, Parade imboo ree, and Western Hits with various hosts and features.

Radio Bible Study Almanac Waltz Times Panhandle Harry Wismer Truman Emil Cote Mr. Mal Judy Canova L. Hampton Kay Kyser Chicago Grand Ole Opry Chicago Theater Morton Downey Les Browns Orch Ambassador Hotel Orchana O'Henry Texas Hotel Orch O’henry Adrian Rollini Philhor Three Suns

Senate OKs 65 Million Loan for UN Headquarters

The Senate approved a sixty five million dollar non interest bearing loan to the United Nations to finance its permanent headquarters in midtown New York. The measure includes a 25 million dollar advance by the Reconstruction Finance Corporation to speed construction and could be drawn without a new appropriation. The decision came by unanimous consent and may be completed before adjournment.

Washington Senate House United Nations Midtown New York Congress Irving M. Ives Reconstruction Finance Corporation Senate Foreign Relations Committee Europe

Treason Trial Opens for Japanese Prison Camp Guard

The treason case against Tomoya Kawakita, known as Meatball, opens in Federal District Court in Los Angeles. U S Attorney James Carter will present testimony from American captives alleging atrocities at a Honshu POW camp. Kawakita, a Calexico native, returned to Japan in 1939 and reentered the United States in 1946.

Los Angeles Tomoya Kawakita U. S James Carter Honshu Calexico Cal Japan University of Tokyo United States Carter William L. Bruce Oeyama Bruce FBI

R C Rodgers Taken by Death

Ranzill Corbin Rodgers aged 70 longtime Panhandle and New Mexico resident died at 9 o clock Friday morning in a Lubbock hospital after a short illness. Funeral services are set for 2 pm Saturday at Polk Street Methodist Chapel with Dr Neal Cannon officiating. Burial will follow in Claude Cemetery under N S Griggs Sons arrangement. Grandsons will serve as pallbearers. Rodgers came to Armstrong County in 1889 later ranching near Moriarty New Mexico for 19 years. Survivors include his wife two brothers Samuel D Rodgers Amarillo and Edd Rodgers Claude and a sister Mrs Coy Simpson Lawton Oklahoma.

Ranzill Corbin Rodgers Panhandle New Mexico Lubbock Post Rogers Polk Street Methodist Chapel Neal Cannon Claude Cemetery N. S. Griggs Sons Rodgers Armstrong County Moriarty Samuel D. Rodgers Amarillo Edd Rodgers Claude Coy Simpson Lawton Okla Conkling Charles Elzie Conkling Bonham F. R H. I Griggs Chapel Weynand Theresa Weynand Ambarger W. A George J Joe Friemel Rodgers Ranzil Corbin Samuel D Polk Street Methodist Church

Tucumcari Project Budget Approved

Final 1948 Interior Department appropriation totals 407,836,774 with 1,293,000 allocated for Tucumcari reclamation projects. Conference committee clerks completed the compromise after a day of work finishing last night.

Washington Interior Department Conference Tucumcari House Senate Appropriations Committee Senate

Permanent Rank for Three of The 4 Star Generals Approved

The bill grants four star rank to Gen Omar N Bradley and Gen Carl Spaatz and four star admiral to Adm Raymond A Spruance. The Senate added Spruance to the House approved measure in a June session.

Washington Senate House Omar N. Bradley Army Carl Spaatz Air Force Adm Raymond A. Spruance Spruance

Telephone Poles Hum Draws Woodpeckers In London

The post office department explains poles hum and woodpeckers peck holes up to five inches deep in sound wood. Lead strips are being used to gag the poles and halt the hum to protect infrastructure.

London Post Office Department

Wheat Harvest Gains Momentum Across Panhandle and South Plains

A Texas Employment Commission note reports harvest momentum across the Panhandle and South Plains. Some fields are already ripening and being cut, equipment movement continues, and overall labor and machinery supply is adequate. Completion dates by county range from July 4 to July 15 with various percentages harvested.

Panhandle South Plains Farm Labor Bulletin Amarillo Texas Employment Commission Canadian River North Panhandle Caprock Oklahoma Panhandle Kansas Collingsworth Donley and Hall Gray, Wheeler, Roberts and Hemphill Hutchinson Hansford Ochiltree Lipscomb Sherman Dallam Moore Hartley Carson Deaf Smith Armstrong Hale Floyd Briscoeee Castro Oklahoma Woodward Harper

S T Whitman Rites Sunday

Final rites for Sylvester Thomas Whitman a Happy stockman and farmer will be held at 4 pm Sunday at Happy Methodist Church. Rev J W Watson and Rev Clyde Smith will officiate with burial in Dreamland Cemetery Canyon. Whitman 76 died Friday in Nebblett Hospital Canyon survived by two sons Otis and Lloyd, a brother Seth Whitman and a sister Mrs J A Edwards.

Sylvester Thomas Whitman Happy Stockman Happy Methodist Church J. W. Watson Clyde Smith Dreamland Cemetery Canyon Blackburn-Shaw Happy Edgar Patching Charlie Poff George Edmonds John Islbeck Mon Littlefield George Yielding Whitman Nebblett Hospital Happy Community Otis Lloyd Whitman Seth Whitman J. A. Edwards

Field Trip To Museum By Junior Sports Club

Members of the Junior Sports men’s Club sponsored by Pan handle Outdoor Sportsmen’s Club plan a field trip to the Pan handle Plains Historical Society Museum in Canyon Saturday afternoon. The senior club provides transport, leaving the high school at 2 p.m. Floyd Studer will lead the tour and present fossil remains tied to his illustrated lecture. Senior members with cars should notify Charlie Greef at 4222.

Panhandle Outdoor Sportsmen's Club Panhandle Plains Historical Society Canyon Floyd Studer Plains Studer Charlie Greef

Rites for Belt Infant Held Friday af Borger

Morris Dale Beltz one day old son of Mr and Mrs Robert L Beltz of Borger died Thursday morning in North Plains Hospital here Graveside services were held at 10 oclock Friday morning in Highland Park Cemetery with Rev Paul Cullen officiating Burial was under the direction of Poston Simpson Funeral Home Survivors include the parents a sister Carolyn Kay Beltz paternal grandparents Mr and Mrs D C Beltz of Borger and maternal grandparents Mr and Mrs Oral Morris of Jal NM

Borger Morris Dale Beltz Robert L. Beltz North Plains Hospital Highland Park Cemetery Paul Cullen First Baptist Church Poston-Simpson Funeral Home Carolyn Kay Beltz D. C. Beltz Oral Morris Jal

Infant Death Toll Rises in San Antonio Weekly Totals

City health department reports two infant diarrhea deaths today, lifting the weekly total to six and the yearly total to 107. The figures reflect ongoing public health concerns in San Antonio.

San Antonio City Health Department

Worst Seat in the House at the National Convention

Henry McLemore recalls attending the national Republican convention in Philadelphia from a distant seat high in Convention Hall. He mocks keynote speakers and women delegates, laments hearing loss, and jokes about political theatrics while predicting he may skip the event due to age and the expected ordeal.

Henry McLemore Philadelphia Tyler Purgatory Earth Dewey Stassen Vandenberg Warren da Vinci Taft Caesar Fred Allen Lincoln Jeanne d’Arc Hitler Sherman Hotel Dist McNaught Syndicate, Inc

Mexican Boy Slaying in US Sparks Protests at Consulate

Hundreds protest the fatal shooting of 9 year old Jose Inez Estrada in Calexico near the border. Demonstrations remain quiet as Mexicali and Mexico City officials pledge a thorough inquiry with the Los Angeles consulate and US authorities.

Mexicali Mex United States Jose Inez Estrada Calexico Cal Mexico City Foreign Ministry Los Angeles Earl Warren California Carl W. Strom

NAM Official Arrives To Visit This Area

Edmund Haskins assistant regional manager of the National Association of Manufacturers arrived here Thursday to visit manufacturers of this area. He was transferred to the Texas Oklahoma Louisiana region from the New York office.

Edmund Haskins National Association of Manufacturers Haskins New York Association

Death notices for Russell Webster and Whitman family

Robert E. Russell World War II casualty husband of Zelda father of Robert E Jr Johnny Ray Thomas E Lenna Darlene son of Mrs S M Russell brother of David and Don services 2 PM Tuesday Blackburn Shaw Chapel Minnie B Webster 75 mother of Robert Scott and Mrs Beulah Pharris services 4 PM Saturday Blackburn Shaw Chapel interment Lane S T Whitman 76 of Happy father of Ochis Lloyd brother of S C and Mrs J A Edwards services 4 PM Sunday Methodist Church in Happy interment Dreamland Cemetery Canyon

Russell Robert E. Russell Zelda Robert E. Jr Johnny Ray Thomas E Lenna Darlene S. M. Russell David Don Blackburn- Shaw Chapel Webster Minnie B. Webster Robert Scott Beulah Pharris Blackburn-Shaw Chapel Llane Whitman S. T. Whitman Happy Ochis Lloyd S.C J. A. Edwards Methodist Church Dreamland Cemetery Canyon

Paramount Best Years of Our Lives Show Times

Local listings show Best Years of Our Lives at Paramount with Fredric March Myrna Loy Hoagy Carmichael and Dana Andrews plus Paramount News. Screenings at 1 09 1 00 4 00 and 7 00 with additional news and features.

Paramount Fredric March Myrna Loy Hoagy Carmichel Dana Andrews Paramount News Pury Furnace Creek Victor Mature Colleen Gray Puppecon Esquire Robert Young Maureen O'Hara Clifton Webb Capitol Sonora Charles Starrett Smiley Burnette Rialto Leon Prairie Express Johnny Mack Brown Leon Errol Jack Armstrong Peggy Ann Garner Lon McCallister Jack Leonard Mary Dugan Liberty Roy Rogers Bela Lugosi Alan Curtis Ann Savage Michael Duane Gloria Henry The Robert Lowery Palo Duro Annie Oakley Barbara Stanwyck Preston Foster Errol Brenda Marshall Claude Ns

Also Mentioned on This Page

Milo Milo Amarillo Cash Grain Amarillo Grain Exchange Texas Common Texas Gulf Ports Deliyeo Wool Market Massachusetts Merrill Lynch, Pierce Fenner & Beane NEW York Bonds Arch Top & Santa Fe Illinois Cent Betterereens Penn RR St. L Fenner & Beane Merrill Lynch Pierce Saear Nes-Globe New Orleans Cotton & Bale Teeters Mediterranean Island Oklahoma City Livestock Clovis Livestock Chicago Livestock KAMQ Farm Journal Sunky Joe Barnes Martin Agronsky New ‘Gospel Pals News Lomax Alan Benny Benny Bangs Sandy Sandy Onas Liocum Voice of Army Nora Morales Lenny Herman Sone Styles Vincent Lopez Crosby Rusth Manhat Twilight Kgnc FM Texas Wonder ISW Tex Trading Post Melody Archie Andrews Dinning Sisters the Meeks Smilin Ed M L. Murray NBC Louise Massey Winstop Duzzitt Jimmie Dorsey Natl Farm Fasco Rhythms Ted Gouldy US Navy Band Western Theater Texas Wanderers Doctors Today NBC Sports Spotlight ABC Symphony Treasury Bands Lassie Treasury US Marine Band Ernie Felice NBS Jimameche R. C. Rodgers S. T. Whitman Java Blackburn Shaw Funeral Grayson Ode Grayson Dumas Friemel Mary Friemel Memorial Park Cemetery Lland Cemetery & Mausoleum Buthker Taylor Aviatrix Carlton Scales Frances Irvin Robbie Stevenson Dick Morton Avalon Billy Briggs XIT Boys Sunde Rainbow Gardens Rip Ramsey Texas Wanderers Club Victoria Danny Shay Paula Lombardo News-Globe
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