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Amarillo Daily News in Amarillo, Texas

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Daily News

Location

Amarillo, Texas, United States of America

Date

Jun 25, 1946

Page

7

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Houston U.P Texas Beauemont Port Arthur Spindletop Hearne Magnolia Pipe Line Company Magnolia Beaumont Texaco Texas Company Fort Worth Dallas Austin San Antonio

Also Mentioned on This Page

Wilbur Ant Cop Mayam Formingham van Pewer Boston Chauncey Merrill Lynch Pierce Enner Beane Am Radiator P. Close Smelt Am Armour & Co Sete Tees Aviation Corp Gillette Razor Eerenesas Goodrich Goodyear Interlake Jones-Laughlin Kennecott Copper Jenn L. Martin Ohio Oil The Packard Pan Amer Airways Paramount Penn Ry Wet Ears Studebaker Stand Oil Texas Corsseee Tex Gulf Willy's-Overland Dow-Jones Pierce, Fenner & Eane Salen Comwith & Son Hupp Motor Se Tee Y Central See Canad Pac Sears Roebuck NEW York Bonds Associated Press Arch Top Central Penn St. Louis SF Texas Corp Western Union NEW York Curb the Associat Am Cyan Ark Nat Cities Service el Bond Humble Ol Lone Star Gas Lt & Poa Bly Hershberger Hallonan Urnes George Home Town News Los Angeles West Coast Salt Lake City Worthwest SF Louis Albuquerque el Paso Pacific Coast Denver Northwest South Old Mexico St. Louis Via Greyhound Lines T. N. M. & O. Coaches New Mexico Tel Union Bus Deport Mann Eure Magnolia Texaco RADIO McBrides Adams St Motor Investment CO W. 8Th Ave State Department of Banking
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