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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 25, 1941

Page

7

Wall Street Turns Skeptic as War News Shapes Trading

New York stocks fell irregularly after yesterday’s rise on news of the German move against Russia. Traders revised views as German successes broadened. rails led activity with Santa Fe as a feature and car loadings near an 11 year high. Utilities held steady while many industrials edged lower.

New York U.P Russia U. S Commonwealth & Southern Santa Fe Standard New Jersey American Telephone Universal Leaf Tobacco Preferred Universal Pictures

Market Wrap of Metals Prices in New York on June 24

New York reports steady electrolytic spot copper and Connecticut Valley at 412.00 with export Fas NY at 11.00 12.00. Tin remains easy at 52.75 spot and nearby with forward 52.25. Lead holds at 5.85 5.90 in New York and 5.70 East St Louis. Zinc steady at 7.25 East St Louis forward and spot.

New York Conn Valley East St. Louis Associated Press al Chem & Dye Smelt & Ref Ball Am Tel & Tel Anaconda AT &S8f Aviation Cor Barnasdall Pl Oy Bendix Aviat Beth Steel Case ‘ Wee Enee Chrysler Columbas & el Curtiss Wright Douglas Aire el Power & Lite Freeport Sylph Gen Elec Eeenee Act Gen Foods Gen Motors Tee Gooarteh Goodyear Oe Greyhound Houston Oil Int Harvester Int Hydro el A Johns Manville Lorillard Sete Tis Tanter Ward Nash Kelvinator Nat Ohio Oil Dairy Preeiweee Packard Pan Am Airways Panhandle P&r Penney Trees Cal Es N Oil Ind N Oil NJ Stewart Warner Stone & Webster Tex Gulf Tex Gulf Prod 3% 535, Tex Gulf Sylph 3534 35% 354 | Tex Pac C&o Tex Pac L Tr Transamerica Union Carbide Union Oil Car United Aircraft Oat United Gas Imp U S Rubber Tables Steel Walgreen Warner Bros White West Fl & Mfg Motor Wilson’ & Co Woolworth Aig Curb Am Cyan Am Gas & el Ark Nat Gas A Bell Aire Teee Ae 1814 Bellanca Ai Aoe Todd Shipyds Ae Indust Rails Util Uemotaveens Treasury

Potatoes Market Report and Price Ranges in Chicago

Potatoes arrivals 110 with moderate supplies and weak demand. California long whites US No 1 priced at 1.10 to 2.25, Triumphs vary by region. Arkansas Oklahoma Alabama Texas Triumphs priced from 1.45 to 2.40, Missouri cobblers about 1.40, Idaho Russet Burbanks US No 1 at 1.90. All Rome museums except Vatican closed indefinitely due to war.

Chicago U. S. Dept U. S California Arkansas Bliss Oklahoma Bliss Alabama Bliss Texas Bliss Missouri Idaho Russet Burbanks

Wheat Surrenders Half of Gains of Monday Rise

Wheat futures eased after a sharp Monday rally, closing near session lows as profit taking and uncertainty over European developments weighed on prices. July to December contracts fell from Monday highs, with oats soybeans and rye also retreating while lard weakened. The midmonth crop report showed a smaller than expected reduction in some states, offsetting losses in Oklahoma and Texas.

Chicago Gorp Oklahoma Texas

New York Stocks End Mixed as War Buying Wanes

Market rounds show declines in wheat and corn amid war developments while bonds and foreign exchange stay irregular. Chicago produce delivers steady to firm meat, eggs and dairy with varied prices. overall activity softens in a cautious trading day.

New York Bombay Commission House Boston Chicago White Rock Springs White Rock

Boston wool sales show uneven demand at modest prices

Boston June 24 reports a few sales of combing three eighths and one quarter blood bright fleece wools at 46 to 47 cents a pound in grease. Occasional lots touched 47 cents, demand was spotty and total volume moderate. Short to average French combing length fine territory wools sold at $1.00 to $1.03 scoured basis on scattered sales.

Boston U. S

Hogs and Cattle Markets Mixed as Slower Trade Persists

Livestock in Kansas City and Chicago shows slower activity with hogs generally $0.25 lower and cattle steady to lower on light demand. Hogs top $10.40 to $10.70, cattle include steady fed steers and yearlings with limited high bids, calves steady to higher, sheep slow with lambs around $11.50 to $12.00. Other markets report varied results across Fort Worth Oklahoma City and Los Angeles with similar tone of cautious trading and price adjustments.

Kansas City Chicago Fort Worth Oklahoma City Los Angeles Federal State Market News Service

Refiners Office Moves to Tulsa Consolidates Shreveport Staff

The Western Petroleum Refiners Association says its Shreveport office will move to Tulsa and merge with the Tulsa staff. L. C. Grosjean, who led the Shreveport office, will take on expanded duties in Tulsa.

Tulsa Okla Western Petroleum Refiners Association Shreveport L. C. Grosjean

Rain Report and Southwest Weather Observations

Weather notes from 6:30 yesterday report 24 hour precipitation in the Southwest region with readings from Abilene to Spokane and listings for cities including Oklahoma City Phoenix and Salt Lake City. The brief also notes a monthly England waste reuse value of 1.2 million dollars.

Abilene Aie Albuquerque Clayton Hesas Corpus Christi del Rio Ees Denver Colo Waynoka Okla Wichita Kansas Wink ‘Pueblo Roswell N. M Adrian Dporupcone Spearman Clovis N. M. Oo Beabeenanea Dpringfield OOO Ccs Eddie Baseness

Cotton futures fall as selling pressure hits markets

New York reports cotton futures down 17 to 21 points amid heavy selling by Bombay interests and hedge selling from spot firms. Open interest in July drops to 52,500 bales ahead of first notice day, while port receipts and certified stocks rise and New Orleans spot prices ease.

New York Bombay Worth Street Washington

Louisiana Caps Oil Production as Stocks Pile Up

Baton Rouge officials report oil stocks near Gulf Coast fields remain unmoved while rationing talks arise in the East. The state sets July production at 303,397 barrels per day, down 16,103 from June, citing government removal of 50 tankers and increased demand.

Baton Rouge Gulf Coast Louisiana John J. Metzger Louisiana Department of Minerals U. S. Bureau of Mines Metzger Texas

Panhandle oil shutoffs kept at five days in July order

Texas Railroad Commission issues a statewide July oil production order setting an average daily yield of 1,847,926 barrels and adding five shutdown days for all fields except Panhandle, which remains at five. Exemptions unchanged. Taleo pool in district six increased to 27,638 barrels daily.

Austin The Railroad Commission Today Panhandle Commission U. S Bureau of Mines Texas Federal Bureau Taleo Ernest ©. Thompson Jerry Sadler Olin Culberson East Texas Field

Socony Steps Up 100 Octane Output From Beaumont Plant

Socony-Vacuum Oil announces a 30 percent rise in 100 octane aviation gasoline output at its Beaumont Texas refinery in response to the OPM request for a 25 percent production boost. The plant reportedly produced 1,000,000 barrels of 100 octane in the first six months of the year.

New York W.P OPM Socony-Vacuum Oil Co., Inc Beaumont, Tex Beaumont

May to July oil production curbed by new orders

June order kept output near May levels while the July decree introduced the first cut. Governor Bam Jones linked curtailment to transportation bottlenecks, calling it temporary as facilities are rebuilt and demand rises. The piece notes annual disappearances in England totaling 25,000 with 4,200 from London and only about 2,000 never traced after 10 years.

Bam Jones Louisiana England London

U.S. Oil Production Rises Daily by 29,925 Barrels

United States oil output climbs to an average of 3,864,145 barrels per day for the week, topping June Bureau of Mines estimates. The report notes increases across multiple states and regions, with total U.S. production for Jan 11 to June 21 at 604,336,830 barrels.

Tulsa Qokla United States The Oil and Gas Journal United States’ Bureau of Mines Arkansas California Hogtisas Louisiana Michigan Mississippi Braska Ceeee New Mexico Oklahoma Rocky Mount Area Texas West Texas North Central East Central Texas Panhandle Texas Gulf Coast Southwest Texas U. B

Octane Aviation Gasoline Production Plans Revealed

Socony Vacuum states annual output will rise to 1,300,000 barrels in six months. Current 100 octane gasoline production is believed adequate for industry demands over the coming year.

Socony

Gold Medal Haarlem O11 Capsules Aid Kidney Bladder

Ad touts Gold Medal Haarlem O11 Capsules as a quick acting diuretic and stimulant for kidney and bladder weakness. Claims relief from shooting pains puffy eyes backache and swollen ankles and urges insisting on the original genuine box with gold medals of merit.

Haarlem Boerhane

Gasoline Prices Rise Amid July 4 Preparations in Tulsa

Refinery outlets in Oklahoma and North Texas posted higher prices for motor gasoline as demand and summer travel drive local markets. No. 1 and No. 2 fuels plus industrial oils show varied gains with rates listed in tank car to plant rosters, reflecting a robust midwest trading pattern.

Tulsa Okla U. S Middle West F.o.b Oklahoma Texas Amestic Fuel

Total oils stocks decrease in April as demand slips

The Bureau of Mines reports a 2,290,000 barrel drop in total stocks of all oils for April. Supplies stand at 556,757,000 barrels, 131 days of requirements, down from 559,047,000 barrels and 136 days in March. April stocks are 1,324,000 barrels higher than a year earlier with total demand down to 127,053,000 barrels, including 8,408,000 barrels exported.

Washington Bureau of Mines

Daily Radio Schedule Highlights and Programs

A detailed Wednesday schedule lists 5 000 watts day and 1 000 watts night on 1440 Kce with programs from 6:00 AM to 12:15 AM. Highlights include The Sky Pilot Farm News Morning Melodies NBC shows like Ma Perkins Vic and Sade The Guiding Light Backstage Wife Stella alias Lorenzo Jones Young Widder Brown The Home of the Brave Portia Faces Life Jerry Sears Strings and musical variety segments from 1930s stations.

The Sky Pilot Farm News Farm the Trading Post Breakfast Club of the Air NBC News By Air Clark Dennis James L. Gordon Amarillo Pepper Young Lone Journey David Harum Alt Sam Fari Homé Rour Harry Breuer Altr Winatop Duzzit W. Lee O'Daniel Ma Perkins Vic and Sade Stella Alias Lorenzo Jones Young Widder Brown Portia Life Jerry Sears Army Camp News, LLC Douglas Town Crier Texas Rangers News Oy Howard and Shelton Porene Gerald Mann Fred Waring Byron Dunbar Harry James Lou Breese

Also Mentioned on This Page

Amarillo Marillo Wall Street NEW York Metals Rome Vatican Aie Ates U. S. Rubber Cornwith&Son Atch T&f US Steel NY Central General Motor Am Car&Fdy Am Rad. Ltd San Ie Associated Press Rails Ae Sed Bet Net Bg Une DOW Jones Fenner & Beane Oe Ee Sene Peete Eee Sea Wlebs New Orleans Bdot Western Feeders Supply Company Texas Mills Dee Weeben Crown Block Field Hubert van Galt NPG U.S Pacific Coast San Francisco Ballas Houston Streamliner Dallas Twit America Via Owe Hout Enone Sunset Sps Sunset Limited Argonaut San Antonio el Pato Carlsbad Caverna el Paso Southern Pacific RE. M. Vernon Oliver Bakie Ridge AFDA MBS Stara John Metcalf Our Gai Edith Adama Helen Holden MBB Paul Deker Lowry Kohier Dixie Lone Ranger TBN Uiaaksou Mann Savings Raymond Gram Ob Saaware Park Dixie Revelers Fy Sierktal Sport TSN BBC News Jan Garber Jack Armstrong W. van Dyne Nbc-Blue Orch Nhbe Cbs cbs-Dixie Stella Unger Paul Sullivan Melody Weavers Lowry Kohler Paul Douglas Nbe Lowell ‘Thomas Wings World News of F. Waring Nbbe Amos Aftidy Chs Cbha Weat Fulton Lewis, Jr Mbe Mr. Keen Berial Blua Lanny Ross Bong Chicagoans Orchestra Cha-Weat Morgan Sammy Kaye Mister Meek Cbs the Lone Ranger East Tony Martin Joe Kelly Edward G. Robinson Cbs Mystery Hall Manhattan Jean Hersholt Christian Boake Carter Mbs-West Elmer Davis Eddie Cantor Fred Allen Gabriel Heatter Mbs-Basic Nbe-Red News Ted Steele Nbe-Blue Kay Kyser Red Tal Playhouse Glenn Miller Eba al Davis Pritzie Zivie Juan Arvizu World News Broadcasting Edwin C. Hill Andy Cbs-West Cbhs Lanny Ross RADIO Globe News
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