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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 20, 1940

Page

7

Equanimity Holds Steady as War Fears Impact Markets

New York June 19 U P Stocks steadied as Wall Street weighed terms of the Hitler Mussolini peace plan while domestic industry shows growth in steel, carload, and power output. The A P 60 stock average rose 2 5 points to 41 3 amid 560 350 shares traded. Major gains posted by Santa Fe Southern Railway Chesapeake and Ohio Boeing Glenn Martin Lockheed Case Harvester Scars EBuck Chrysler American Telephone DuPont Allied Chemical Westinghouse and American Woolen. In the curb market 82 000 shares traded with advancers including Aluminum of America Jones Laughlin Steel Pennsylvania Water & Power Humble Oil and Great Atlantic & Pacific Tea. Bonds and commodities rose slightly with stocks.

New York U.P Wall Street France United States Associated Press Great Britain Santa Fe Southern Railway Great Northern Preferred Chesapeake & Ohio Boeing Glenn Martin Lockheed Case Harvester Scarsebuck Chrysler American Teleone DuPont Allied Chemical Estinghouse American Woolen Aluminum of America Jones & Laughlin Steel Pennsylvania Water & Power Humble Oil Great Atlantic & Pacific Tea

Metals Market Report From New York Dated June 19

Copper steady with Connecticut Valley at 11.50 and export fas New York 11.25 to 11.50. Tin spot and nearby at 53.25 with forward 51.00. Lead spot New York 5.00 to 5.05, East St. Louis 4.85. Zinc Fast St. Louis spot and forward at 6.25. Quicksilver quoted 197.50 to 200.00. Others unchanged.

NEW York Metals New York Connecticut Valley East St. Louis St. Louis

Adams First to Occupy White House Historic Claim

June 19 report notes the White House was first occupied by President John Adams. Financial market brief from New York closes stocks on that day with early trading updates.

White House President John Adams

Markets in Brief: Steady Stocks and Mixed Bonds

New York June 19 markets show stocks steady with rails firm, bonds mixed as foreign leans down. Foreign exchange erratic with Swiss franc climbing. cotton higher on trade and mill buying. sugar soft with hedging. metals steady with scrap copper down a pound. Wool tops firm on Boston buying. Chicago wheat and corn higher. cattle up to 25 cents. hogs steady to ten cents higher.

New York Wall Street Boston Chicago

Wheat Prices Close Higher After Day Of Struggle

Wheat futures ended higher in Chicago with July at 78 13 34 cents and Sept at 78 percent, after intraday losses and a slow harvest. Corn led a grains recovery, oats and rye also up, while cash markets showed subdued demand and storage holding back selling. Receipts at major terminals totaled 305 000 bushels, well above a week ago but far below last year. Southwest terminals reported light activity, Enid received 72 cars, and marketing was slower than last year due to later harvest and storage shifts.

Chicago Southwest Enid

World Conditions Force Him Out

Fort Worth June 19. T. J. Harrell resigns as mayor and city councilman ten months before his term ends. The 46 year old cottonseed operator cites purely economic reasons and notes the impact of world conditions on his business and key personnel.

Fort Worth T. J. Harrell National Guard

Cattle Market Steady Across Major Markets June 19

Live stock reports from Chicago Fort Worth Denver Oklahoma City and Denver show hogs and cattle trading mostly steady with occasional price nudges. Hogs top around 5.25 at Chicago and 5.40 at Fort Worth while cattle and calves vary with notables such as feeders around 9.00 to 10.75 and spring lambs near 9.75 to 10.50 in Denver and Oklahoma listings.

Chicago Livestock Chicago California Fort Worth U. 8 D. A Denver Oklahoma City

Wheat Receipts Reported in Amarillo Markets

Amarillo markets show receipts of two cars of wheat. The data highlights ongoing activity in the region's grain trade with attention on local supply and pricing dynamics.

Cloth-Buying Seen As Cotton Aid and Market Climbs

Cotton futures rose as government cloth purchases boost demand offset war losses. Final prices gained 18 to 15 points with strong buying by Wall Street houses for October and December. Spot demand improved in the South. Texas exporters active. European cancellations negligible. Exports Tuesday 2,040 bales. season 6,227,671. port receipts 1,191. stocks 2,509,053. Also markets in New Orleans steady, spot prices mixed, middling around 10.78 cents with varied local quotes. Galveston spot closed higher in some grades. Cottonseed prices for Texas mills listed by Western Feeders Supply.

New York Wall Street South Texas

Engineer Seeks Hearing Over Dismissal for Pacifist Belief

John M. Winston former resident engineer protests to the state highway commission after discharge for affiliation with a pacifist religious group that refuses to salute the flag. He cites mob intimidation and absence without permission as reasons while noting colleagues say he was capable and well liked.

Fort Worth John M. Winston State Highway Commission Robert Lee Bobbitt Highway Commission FE. C. Woodward Fritz Lanham Winston Austin Woodward

Ticket to Hollywood Continues in Serial Story

A夜 continued scene shows Gusty resisting Francie’s pleas for a favor to advance to Hollywood. Francie accuses Gusty of selfishness as he drives away in silence, promising to meet in the movies.

Pops Hollywood Gusty Francie

United States Fights Bugs in Govt War Effort

Washington reports a big anti insect drive with funds proposed for the 17 year locust and other pests. The agriculture department seeks 380000 for pink bollworm and 500000 for church bug amid a broader effort tracking borers and alien insects nationwide.

Washington United States House Appropriations Committee Agriculture Department Indiana

Gasoline stocks decline as refiners keep pace with demand

New York June 19 A P I reports U S gasoline stocks fell by 1 811 million barrels last week while crude runs and production stayed near prior levels. Fin ished and unfinished gasoline total 97 66 million barrels on June 15 down from 99 47 million a week earlier. Crude production averaged 3 8182 million bbl daily, and runs to stills 3 62 million. Residual fuel oil stocks rose to 104 419 million barrels. Louisiana considers shutting most wells for 30 days due to wartime export losses. decision expected by tonight.

New York U.P American Petroleum Institute Today New Orleans Louisiana B A. Hardley Major Hardley Arkansas New Mexico Oklahoma Texas Texas Railroad Commission Major Hartley

Inquest Held Over Death of Mrs Wallace E Pratt

Justice of the Peace Fred Harris conducted an inquest in Galveston into the death of Mrs Wallace E Pratt of Houston. The body was found in the Gulf of Mexico and a patrolman said she apparently drowned while bathing alone. Her automobile and clothing were found on the beach. she was divorced from a Standard Oil executive committee member. Her former husband lives in New York.

Galveston Justice of the Fred Harris Wallace E. Pratt Houston Standard Oil Company of New Jersey Pratt Gulf of Mexico Walter Thibodeaux

Missing Man Found After Medina River Camp Disappearance

Ira Webster a Brownsville federal bankruptcy referee reported missing from a Medina River camp Monday night was located yesterday at a ranch house after wandering four miles through rugged hill country to reach the ranch.

San Antonio Ira Webster Brownsville Medina River

Quay Wheat Quota Unchanged

Quay County's wheat allotment remains the same for 1941 as 1940. The 1941 county share is 89,823 acres with the state at 357,617 acres. 357,895 acres were allocated in 1940. C D Clampitt, ACA committee chairman, announced the figures.

Tucumcarit Quay County C. D. Clampitt ACA

Gly-Cas credited for Bledsoe health recovery

A. J. Bledsoe of San Angelo Texas reports Gly-Cas relieved his chronic constipation and indigestion. He says his bowels now function properly and he can enjoy meals, with better sleep and renewed energy after using Gly-Cas sold by Fox Drug Co and nearby druggists.

A. J. Bledsoe North Oak St San Angelo Texas Mr. Bledsoe Fox Drug Co

Oil Market Summary From Tulsa Hints at Sluggish Refinery Demand

Tulsa June 19. Midcontinent refinery market shows slow improvement. gasoline and natural gas steady while light fuels dull. Crude firm. industrials strong. lubes steady. Tank car pricing lists several product grades with octane ranges and price per gallon or per barrel, reflecting limited demand and varied refining outputs.

Tulsa Okla U.P

Railroads Have Safest Year in 39 in U S History

New York June 19 The 1939 year proved the safest in U S railroad history as measured by casualties per passenger miles. Only 13 passenger deaths and 776 injuries occurred on 1 743 000 000 passenger miles. Employee safety hit a new peak and grade crossing fatalities were at a 1915 low.

Associated Press Rails Indus Util Fren Sneeees A Dil Eeress Aga Eosesse Seweee High Peer ONDS New York Treasury Nosge Hss 12. 108.3 108.1 At 49-46 Steer 3 110.12 110.11 18, 55-51 Cee Eeae United States F E. H. Harriman Railroad Safety Award Committee Harriman South Central Unionacific New York Central

Mid-Continent Watches War in Oil Markets

Tulsa reports split views in the petroleum industry as excess stocks collide with potential wartime demand. President Roosevelt urged readiness while Texas operators weigh avoiding a blanket shut in No 1 oil state wells amid reduced exports and European market losses.

Tulsa Oklo Texas Roosevelt Gulf Coast

Texas oil demand for July trimmed to 1.34 million barrels daily

The U S Bureau of Mines informed the Texas Railroad Commission that July's estimated Texas oil market demand stands at 1,339,400 barrels per day, down 5,200 barrels daily from June.

The Railroad Commission Texas’ Oil Regulatory Body Roosevelt Oklahoma Texas Bureau of Mines Austin U.P U S. Bureau of Mines Today Texas Railroad Commission Texas Oil

Deaths Investigated as Self-Inflicted Pact Verdict

In Fort Worth Justice of the Peace Frank Hurley ruled the deaths of Evelyn Ruth Inman 34 of Sherman and Alton Dickens of Fort Worth a death by own action pact. He based the finding on a note found with the bodies at a residence where both were discovered. Dickens shot Inman then poisoned himself.

Fort Worth Justice of the Frank Hurley Evelyn Ruth Inman Sherman Alton Dickens Justice Hurley Dickens Inman Bells C. R. Johnson

New Mexico to Keep Pumping Oil Production

State Geologist A. Andreas said New Mexico would continue oil output as much as it could sell despite a possible Texas shutdown. He noted Texas market conditions would influence New Mexico and could cause curtailment or a shutdown if Texas affects demand.

Santa FE N. M A. Andreas New Mexico Texas Andreas State of Conservation Commission

Lands to be sold from Texas Oklahoma border dispute

A Texas land board announced the sale of 30 000 acres recovered from a Texas Oklahoma border dispute. Proved claimants may buy at 1 per acre for one year under a 1930 law. minerals reserved one eighth sulphur and one sixteenth other minerals. The inverted V shaped area runs from the Red River south fork through several counties. Bascom Giles will be in Shamrock on June 27 to assist claimants.

Austin Texas Special State Land Board Bascom Giles South Fork Red River Childress County Gollingsworth, Wheeler, Hemphill Lipscomb Giles Shamrock

Argentina Senate Proposes Expropriation of Foreign Utilities

In Buenos Aires on June 19 the Argentine senate debates a bill by Senator Matias Sanchez Sorondo to expropriate all foreign owned public utilities. The plan would authorize a government bond issue of 1.5 billion pesos to indemnify foreign concerns.

Buenos Aires Matias Sanchez Sorondo

Radio Station Schedule Highlights NBC and CBS Programs

A detailed Thursday schedule lists KONC and KFDA with day and night power, NBC programs like News Flashes and The Guiding Light, plus music acts led by Vic Arden Orchestra, Leonard Rhythm Parade, and the Dorsey Orchestra. Evening blocks feature Mr. District Attorney, I Love A Mystery, Arthur Godfrey, and War News.

KONC The Sky Pilot Rise and Shine Farm News Breakfast Club of the Air NBC Jerry Beara Strom Tito and Alec Randolph Kitchen Magic David Harum Lone Journey News the Guiding Light Kate Hopkins Angel of Mercy Portia Blake Life National Farm and Home Hour Hymns of All Churches Arnold Grimm Kaltenborn Redding Morris Spicer Ma Perkins Pepper Young Vic and Sade Sam Stella Dallas Lorenzo Jones Young Widder Brown Girl Alone Jimmy Dorsey Joseph Gallicchhio Li'l Abner Bruce Baker Charles Magnante Pegan Douglas Genial Charile Dixieland Strings Fred Waring Ernest O Thompson Rogerio Garcia Issi Hawkins Ee Y Felton Little Jack Little Orchestra War News Scattergood Baines Berial Abner Wjp Mbs Net Edwin C. Hill Newa Wrva Paul Douglas Rocky Gordon Abe Lowell Thomas Bud Barton F. Waring H. Foote Wes Easy Aces Nbe Amos Andy Wabe Lynn Cole Cbs-Chain Fulton Lewis, Jr Mr. Keen Wjz Lanny Ross Cbhs Paul Sullivan the All Star Revue Weaf Harry Kogen Cba Dixie Arthur Hale Wet Sam Baker H. V. Kaltenborn Red-Net Jim McWilliams Chain Nbc-Weaf California Elmer Davis Montreal Symphony Wjs Whk Whal Rudy Vailee Nba Morton Gould Bing Crosby Nc-Weef Dancing Music Orchestra Glenn Miller & Orchestra Cbs-Wabe Raymond G. Swing Wor Orc Mbs-Wen Florence Wyman Nbc-Wjm H. Weber Nan Wynn Wjs News Amos and Ed Hill cbs-Dix Cbs Lanny Rosas Cbs-West

Classification 39 in Globe News Want Ads

A note indicating the location of classification 39 within the Globe News Want Ads section. The reader is directed to turn to that subsection for relevant listings and notices.

News-Globe Globe News

Also Mentioned on This Page

Cma Braoa Orning Amarillo Daily News Amarillo Texas Grack Hitler Dow-Jones Fenner & Beane Smelt & R AT & R Am Woolen Am Zinc L&És S & SF S Refining Ation Corp Barnsdall Oil Bendix Aviat Beth Steel Vt Borden Callahan Z-Lead Calumet & Heo du Pont Goodrich Goodyear Lockheed Aire Loews Lorillard Marshall Field Ward Kelvinator Biscuit Nat Distillers North Amer Co Nor Pac Ohio Oil Pac Gas & el Packar . Ll Pan A Airways Panhard I. P&r Penney Penn RR Phelps Dodge Phillips Pet Plymouth Oil Pullman Rem Rand Servel Roebuck Shell Union Oi Simmons Socony Vac Sou Pac Sou Ry Stan Ou Cal Stan Oil Ind Stan Oil NJ Stewart Warnicr Stone & Webster Studebaker Tex Q Tex Corp Gulf Prod Tex Gulf Sylph Tex Pac C&o Tex Pac Tide Trans & West Air Union Carbide Union Oil Car United Aircraft United Corp United Drug United Gas Imp US Rubber Us Steel Bc Fa Warner Bros Tel el & Mfg Oolworth Am Gas & el Ark Nat Breast Aire Crocker-Wh el Fagle Pich Fl Bond & Sh Gulf Oil Lone Star Gas Oklahnat Gas Red Bank Oil Lott Vn N.Y Central Max Republic St Gen Motors Boeing Aire Colum K & FE We Martin G L Co Associated Press O Indus Rails Utilitox Financial Security Fund Kansas City ST Neae City Plymouth Rock Springs White Rock Springs Plymouth Rock White Rock Beotton Western Feeders Supply Company Texas Mills Janaera Spas W. H. Pears NEA Service, Inc By Eddy Gilmore Ty. Soci Bureau of Entomology and Bureau St. and Tyler St H. V. Robertson & CO Accountants & Auditors Ctirorbevo Amalie Crown Block Field Developments Quay Gly-Cas Fobet Group Three North Mid-Continent Oklatex Argentina Scholl KFDA Fiood Minatrela Rudy Souter Monitor News Hilo Awakans Sam'a Club of the Air TSN Our Gal Carol Leighton Market Basket Lee Kuhn Orch Pacific Paradise Joe Rines Kaere Johnson Musical Arts Conservatory World Book Man Popular Music Fulton Lewis Han Jacinto Boosters Geo W. Keeling Supper Melodies All Star Quartet TBN Building To the Future Hollywood Reporter Sky Mystic Chas. G. Dawes Henry Weber Griff Williams van Alexander Bill McCune Jack Armstrong Weaf-East Nbc-Red-West Ireene Wicker Genevieve Rowe the O’neills Nbc-Wiz-East
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