Selected Stocks Hold Firm Amid Rail Led Market Shifts
United States stocks showed mixed results with rails guiding losses while utilities lifted. Volume remained light though a large block of Common Wealth & Southern boosted late trading. several major names posted fractional gains or losses and bonds fared better at the close.
MENTIONED IN THIS ARTICLE
Common Wealth & Southern
Armour Preferred
Marshall Field
Camagiey
Louenstein
Bethlehem
Chrysler
Santa Fe
U. S. Rubber
Montgomery Ward
Woolworth
Douglas Aircraft
Glenn Martin
Kennecott
American Can
General Electric
Texas Co
N. Y. Central
Southern Pacific
Southern Railway
Northern Pacific
Baltimore & Ohio
U. S. Steel
General Motors
United Aircraft
Electric Power 4 Light
du Pont
Eastman Kodak
Philip Morris
U. S. Gypsum
Week End Traffic Crashes Kill One in Big Spring
Police report six weekend crashes in the Big Spring area cause one death and 13 injuries. Arvie H. Bryant of Odessa faces negligent homicide charges over a collision that killed Juan Vega Jr., 35, and seriously injured Juan Garcia, 45.
MENTIONED IN THIS ARTICLE
Big Spring
Police Today
Arvie H. Bryant
Odessa
Juan Vega, Jr
Juan Garcia
Visible Wheat Supply Rises 201000 Bushels Across U S
Chicago notes this week the visible supply of wheat increased to 37,110,000 bushels, up 201,000 from last week as reported by the Board of Trade. Corn and oats show notable declines while rye and barley also fall.
MENTIONED IN THIS ARTICLE
U. S
Chicago
Board of Trade
Barney
Potatoes Prices by Type in Chicago Market
In Chicago on June 24 USDA reports potato prices for U S Long White California at 3 75 to 4 00 per cwt U S No 1 Arkansas Bliss Triumphs 3 75 Missouri Cobblers 2 40 to 2 50 Red Warbers 3 20 to 3 65 Pontiacs 2 75 Kansas Cobblers 2 55 to 2 60 Generally good to fair quality across listed varieties.
MENTIONED IN THIS ARTICLE
Chicago
USDA
California
U. S
Arkansas
Chicago Produce Report Jun 24 Butter and Eyes markets
Butter two day receipts 424 983 pounds with firm market scores 92 56 90 5534 89 5514 and cooking grade 54. Eyes two day receipts 23 754 cases market firm easy balance wholesale prices on mercantile exchange extras 1 and 2 37.5 38.5 3 and 4 35.5 3634 standards 1 and 234 3414 3 and 4 3242 3 current receipts 32 dirties 301 and checks 30.
MENTIONED IN THIS ARTICLE
Chicago
Mercantile Exchange
Markets at a Glance June 24 New York
Markets at a glance report irregular stock activity as rails lose ground. Bonds show mixed price changes. Cotton remains firm with aggressive mill and New Orleans buying. Chicago oats reach ceiling. Hogs steady and active to a top of 14.85. Cattle steady and fairly active with a ceiling of 18.00.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Chicago
Run of Beef Steers Slightly Larger as Prices Hit 17.65
Kansas City market reports run beef steers slightly larger than a week ago amid light supplies and broad demand. Top good and choice steers 17.25 to 17.65, scattered loads 15.25 to 16.50. good and choice yearlings 17.65. cows firm, stockers and feeders around 60 percent of run. Chicago and Fort Worth lines show steady to higher values across hogs, cattle, and sheep with diverse ranges for steers, heifers, cows, bulls, and lambs.
MENTIONED IN THIS ARTICLE
Kansas City
USDA
Oklahoma City Livestock Market Report June 24
Oklahoma City livestock figures show cattle 3800 head and calves 1000 with killing classes opening moderate and steady. Grass fat steers scarce, yearling steers and heifers $14.25 to $16.50, beef cows $10.00 to $13.00, vealers $16.00 down to $9.00, hogs 350 salable with barrow top $14.55, sows $13.80, sheep 1200 with fat lambs $14.75 to $15.00.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
USDA
Oklahoma City
Grain trading stalls as OPA extension looms
Chicago June 24 reports a market stalemate with no change anticipated until OPA extension legislation. January corn traded at ceiling $1.4615 and barley at $1.3515 notes. Cash grain eased with limited country offerings and purchases of 28 000 bushels corn and 30 000 bushels oats on arrive basis.
MENTIONED IN THIS ARTICLE
Chicago
Winnipeg
Kansas City Grain Prices Hold Steady Across Markets
Wheat totals at 705 cars with No 2 dark and hard nom priced at 1.871 to 2.015 and No 2 red nom 1.92 to 1.96. Corn 17 cars unchanged with No 2 white 1.57 to 1.581 and No 2 yellow 1.42 to 1.431. Oats 3 cars unchanged with No 2 white 1.57 to 1.58.
MENTIONED IN THIS ARTICLE
Kansas City
Fort Worth Cash Grain Market Report Summary
Wheat prices for No 1 hard near 7 96 to 8 04 per bushel with a dip of 2.04 percent. Oats No 3 red around 9 11 to 9 14 per bushel, down. Sorghums No 2 yellow priced at 2.81 to 3.01 per 100 pounds.
MENTIONED IN THIS ARTICLE
Fort Worth
Motor Investment Company
Cotton futures scale seasonal peaks amid active trading
New York and New Orleans markets reported cotton futures reaching season highs on June 24 as mill buying and New Orleans demand pushed prices up. Final quotes rose 40 cents to $1 per bale with spot cotton also firm as supplies tighten and a brighter export outlook supported buying.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Washington
Cotton prices rise to new season high at Southern markets
Average price of middling cotton 15-16ths inch today at 10 Southern markets is 65 cents a bale, 2.48 cents a pound, a new season high. Past 30 market days average is 28.35, with middling 1% inch average at 27.85.
MENTIONED IN THIS ARTICLE
New Orleans
Wool Tops Futures Close Steady in New York
In New York on June 24 wool tops futures closed unchanged. No other trades or price shifts reported in the brief market note.
MENTIONED IN THIS ARTICLE
New York
Wool Tops
Visiting Buyers Boost Amarillo Auction Prices
Out of state buyers drove a lively Amarillo Livestock Auction session with prices rising at least 50 cents on average. Major consignments included L. B. Godwin's nearly 500 head, plus W. H. Ellis and Nussbaum Brothers offerings. Top steer sold for 16.70, several lots near 16.40, with calves and cows trading across a wide bracket. Estimated receipts reached 2,200 head.
MENTIONED IN THIS ARTICLE
Amarillo
Treas
Pennsylvania
L. B. Godwin
Godwin
W. H. Ellis
Nussbaum Brothers
Joe Poindexter
Friona
Cook & Porter
Amarillo Livestock Auction Co
Pilot dodges rifle fire over Texas pipelines
In Corpus Christi on June 24 a pipeline pilot for F. C. Barr flies 13,000 miles monthly. A rifle shot grazed his trousers and lodged in the seat back. The shooter, a boy, said he aimed at a bird and promised to aim better next time. The missing slug later appeared in the pilot’s billfold.
MENTIONED IN THIS ARTICLE
Corpus Christi
U.P
F. C. Barr
Texas
South Texas
Model Plane Hits 101 MPH in A&M Contest
COLLEGE STATION June 24. A control-line gas model airplane reached 101.5 mph in the Texas A and M college contest, becoming the focal point as 44 entries competed. James McCreary of Houston won the standout entry, with Howard Hardin of Waco, George Bond of Dallas, and the Dallas duo E W Murphy and Ed Kretchmar among other winners.
MENTIONED IN THIS ARTICLE
College Station
U.P
Texas A. & M
Hoover Addresses Closed Session of Famine Emergency Committee
Former President Herbert Hoover spoke to a closed session of President Truman's famine emergency committee at the White House. He is honorary chairman and recently returned from South America where he organized Latin American aid to relieve food shortages in war torn areas.
MENTIONED IN THIS ARTICLE
Washington
Herbert Hoover
Truman
White House
Hoover
South America
Hallanan Favors Independence for Petroleum Industry
Walter 8 Hallanan chairman of the National Petroleum Council said there should be no government infringement on the industry's independence in peacetime. He issued the statement after his council appointment following a conference with Interior Secretary James A. Krug in Washington. He stressed cooperation between government and industry and the removal of overlapping restrictions.
MENTIONED IN THIS ARTICLE
Charleston
W. V
Walter
Hallanan
National Petroleum Council
Plymouth Oil Company
James A. Krug
Washington
Harvest Drains Farm Grade Gas
Mid continent refiners report farm grade gasolined movement remains exceptionally heavy due to ongoing harvest operations in the southwestern grain belt. Spot tank car prices are unchanged from a week earlier with U S Motor gasoline and kerosene ranges listed for Oklahoma and North Texas markets.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
U.2
U. S
Oklahoma
North Texas
C. S
Mrs C W Fox Dies at Abernathy Age 77
Emma Caroline Meier Fox died at 2:00 PM Thursday in a Plainview hospital after a five day illness. Funeral services were held in Abernathy Nazarene Church with burial in Abernathy cemetery beside her husband who died in 1944. She was born January 30, 1869 in Allegheny City Pa and lived in Abernathy, Yoakum County, Amarillo Plainview Pampa and Texline across years. Survivors include two brothers Edward Meier Rollin Meier and multiple children and grandchildren.
MENTIONED IN THIS ARTICLE
H. W. Harris
Kentucky
Abernathy
C. W. Fox
Abernathy Nazarene
Fox
Plainview
Emma
W. Bohanan
Las Cruces
N. M
A. A. Proctor
Pampa
Lloyd Hall
Charles . Fox
Texline
Harris
Amarillo
Bread and butter confusion says professor in study
A college professor notes Americans show uncertainty about financial priorities and even the location of bread and butter. The remark highlights gaps in everyday economic awareness and decision making.
Texas Pipeline Plan Link Hearne Dallas Fort Worth Austin San Antonio
Houston June 24 Construction of a petroleum products pipeline network is planned by the Texas Pipe Line Company linking Hearne Dallas Fort Worth Austin and San Antonio. Preliminary work could start in a few weeks with field construction in 1947 after materials arrive. A ten inch line will run Hearne to Fort Worth or Dallas, six inch between Fort Worth and Dallas, eight inch Hearne to Austin, and six inch Austin to San Antonio transporting from the Port Arthur Beaumont area.
MENTIONED IN THIS ARTICLE
Houston
Hearne
Dallas
Fort Worth
Austin
San Antonio
Texas Pipe Line Company
B. E. Hull
Hull
Port Arthur- Beaumont
Bark Burglar Alarm Real Thing
The Boston Bull Terrier GI Joe again barked in the night alerting his owner Earl Goodwin in a downtown Washington district. After a prior incident where thieves stole two mattresses and two small rugs, a similar late night alert led to another theft of the living room rug.
MENTIONED IN THIS ARTICLE
GI Joe
Washington
Earl Goodwin
Goodwin
Magnolia Texaco Announce Plans for New Pipelines
Two pipeline companies reveal new lines linking Texas cities with Beauremont Port Arthur refineries. Magnolia Pipe Line will build a 12 inch line from Spindle top to Hearne to move Magnolia Beaumont refinery products. Texas Company will connect at Hearne to reach Fort Worth Dallas Austin and San Antonio.
MENTIONED IN THIS ARTICLE
Houston
U.P
Texas
Beauemont
Port Arthur
Spindletop
Hearne
Magnolia Pipe Line Company
Magnolia
Beaumont
Texaco
Texas Company
Fort Worth
Dallas
Austin
San Antonio
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Merrill Lynch
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Enner
Beane Am Radiator
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Smelt Am
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Goodyear
Interlake
Jones-Laughlin
Kennecott Copper
Jenn L. Martin
Ohio Oil
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Pan Amer Airways
Paramount
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Studebaker Stand Oil
Texas Corsseee
Tex Gulf
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