Motors and Specialties Rally, Leaders See Mixed Market
New York stocks mixed as low priced motors and specialties rose while major averages slipped. Willys-Overland led gains in autos with rumors of postwar consolidation. Blue chip declines included U S Steel and General Motors. bonds varied. Wool futures and Chicago produce also noted with steady tones and mixed results.
MENTIONED IN THIS ARTICLE
Us & Pusery
OUWR
Willys-Overland
Wall Street
Dewey
Continental Motors
Hayes Q Manufacturing
Nash - Kelvinator
Udson Motors
White Motors
Murray Corp
American Telephone
American Can
U. S. Steel
Bethlehem
Chrysler
General Motors
Goodyear
Harvester
Westinghouse
Dupont
Santa Fe
Southern Railway
Chesapeake & Ohio
Chicago
American Cyanamid
Glen Alden Coal
Republic Aviation
Cities Servce
Nigara Hudson Power
Puget Sound Power & Light
Agian
Markets at a Glance New York June Stocks and Commodities
Markets at a glance report from New York in June shows easy profits in leadership stocks and mixed bonds with reorganizations. Cotton declines on profit taking, Chicago notes mixed trends, hogs slow on some weights but active otherwise, and cattle up to 17 dollars with top gains of 10 to 5 cents.
MENTIONED IN THIS ARTICLE
New York
Chicago
Stock Market Quotation Summary From Merrill Lynch
The Merrill Lynch brokerage service furnishes current stock market quotations including prices, gains or losses, and market movements. The report highlights key index shifts, notable securities, and trading activity across major exchanges.
Late Drop Cuts Into Grain Rise
Wheat futures faded after profit taking and government purchase doubts. Early gains vanished as milling demand and anticipated subsidies affected prices, with modest closes across wheat, rye, oats, and barley. Cash grain reports from Chicago Kansas City and Fort Worth show varied spot values and futures directions.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Northern Shipping Point
Slaughter Cattle Light Hogs Higher Across Markets
Kansas City reports mixed livestock trading with slaughter steers weak and bids 25c lower while light hogs rise 15-25c. Cattle numbers total 4,500 to 5,500 with calves and feeders scarce. sheep activity moderate and spring lambs around steady. Chicago and Fort Worth show similar patterns with hogs steady to higher and lambs uneven but generally weaker.
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Chicago Livestock
Chicago
Fort Worth
Reactionary Cotton Market Slips On Profit Taking
New York futures fall 65 to 105 cents per bale as profit taking and parity price speculation weigh on cotton. July at 22.00, Oct 21.34 and 21.16, with overall close 65 cents to 1.05 lower. New Orleans futures steady to 1.00 lower. Galveston spot at 14 down with good ordinary around 15.76.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Upi
Galveston
New Orleans Cotton Prices Slip Across Markets
June 28 spot cotton closed steady with losses of 50 cents per bale. Low middling 18.50, middling 21.65, good middling 22.05. Receipts 3,963. stock 313,659. Across 10 Southern markets average middling 21.71 cents per pound, down from 21.39 over 30 market days.
MENTIONED IN THIS ARTICLE
Southern Pacific
Studebaker
Warner Bros
Western Union Fee
Woolworth Ee Teaee
Zenith Tee
Ees Spas Nn
New York
Willigs
Hayes Mads
2 Cent Motors Tee
Curtis Pub
Hudson Motere
Budd Mfg Sdbes
Int Tel & Tel
U Sparks
Hupp
New Orleans
Oil Is Largest Texas Taxpayer
Texas reports 1943 taxes show the petroleum industry paid 134.3 million dollars of 328.7 million total state and local taxes, about 40.8 percent. Other taxes by non oil taxpayers totaled 194.4 million. Petroleum taxes include gas, franchise, payroll, and local ad valorem taxes. The association notes gasoline taxes and transport costs also feed war needs. The report places oil as a key wartime economic factor.
MENTIONED IN THIS ARTICLE
Dallas
Texas
Texas’ Petroleum Industry
Texas Mid-Continent Oil & Gas Association
Texas Petroleum Industry
Americans Near Livorno in Fierce Italian Front Push
Allied forces drove to within about 30 miles of Livorno after a night of brutal house to house fighting that cleared San Vincenzo of German defenders. Four miles inland, Sasseta fell to American armor, with Chiusdino also taken. French troops moved toward San Quirico dArcia as Nazi counterattacks were repulsed.
MENTIONED IN THIS ARTICLE
Rome
Livorno
Leghorn
Sanvincenzo
Hitler
San Vincenzo
Albert Kesselring
High Command
San Vincenzeo
Sasseta
Chiusdino
Siena
San Quirico D’arcia
Texas Oil History Starts With Cannibal Tribe Before Spaniards
The article traces oil’s Texas origins to pre white settlement. It recounts De Soto survivors in 1543 reaching a coast between Sabine Pass and High Island and using oil residue to repair boats. It notes Indian knowledge of seepages at Sour Lake and nearby, mentions the Carankawas, their cannibal reputation, and legends of their decline after conflicts with Lafitte and Stephen F. Austin, ending with their disappearance around 1843 as the tribe perished and oil knowledge persisted.
MENTIONED IN THIS ARTICLE
DeSoto
Mexico
Sabine Pass
High Island
Sour Lake
Saratoga
Damon Mound
Jean LaFitte
Gulf
Galveston Island
Lafitte
Three Trees
Stephen F. Austin
Refugio
Goliad
Texas
Allies Draining Off Nazi Oil
Allied air chiefs say Germany faces an acute oil shortage as Allied forces step up bombing of German oil production. Britain estimates German output at a third of maximum and army fuel at less than half the normal need, with June 20 raids described as among the heaviest blows so far.
MENTIONED IN THIS ARTICLE
London
Tunisia
Germany
Britain
Ministry of Economic Warfare
U. S. Army Air Forces
Germany's Oil Supply Cut by Two Thirds Reported
The report estimates Germany's normal oil supply at about 15 million tons annually after a two thirds reduction. It notes one third from Romania chiefly Ploesti, another third from smaller fields across central Europe, and a final third from German synthetic plants. The source mentions Gelsenkirchen.
MENTIONED IN THIS ARTICLE
Germany
Romania
Ploesti
Gelsenkirchen
Also Mentioned on This Page
Pean
Cherbourg
Associated Press
RRA
Iowa
Merrill Lynch, Pierce, Fenner & Beane
West Auto
Armour & Co
Aviation Corp Wee
Baldwin Locom
Bendix Aviation
Bethlehem Steel
Eer
Borden
Braniff
Briggs Mfg
Steen
Sinclair Oil
del Pete
Cont Motors
Curtis Wright Tee
Seer
Seer Eee 45% 454 del Lackawann Eee
Dome Mines Teen
Douglas Aircraft Hennes
Com Investope
Gulf Oils
Montgomery Ward
Nash Kelvinator
National Biscuit Ee
N’ Y Central
Packard
Pan Amer Airways
Paramount Sett
Ewnee
Penn
J Cc. Penney Wee
Phillips
Plymouth Oil
Pure
Radio Corp
Republic Steel
Shell Union Oil
Socony Vacuum
NEW York Bonds
Arch Top
San Fe
Chi. Mil. & St. Paul
Chi & Northwestern
Illinois Central
Mo. Kan. Tex
Northern Pac
Seeeee Penn Railroad
NEW_ YORK
Ark Nat Gas
Ibs
Humble el Bond & Sh
Lone Star Gas
Lt & Pow
BOW Jones
Industria
Galen Pas
Biolac
Lactogen Dryco S. M. A
J. J. Baby of
Beery
Prescription and Vitamin Shop
THE
NEBBS
Mr.nebb
MR. Nebb
Dixie Dugan
Yoto
Eno
Tero
Wage
Vo Globe-News
LSBK
Bee Seccares
Uary
Oil
California
U. S
Arizona
Arkansas Bliss
Ee Bliss
Montgolfier Brothers
France
Port of
Bull Tire CO
Globe-News
Grier
Henreid
Globe News
America
S.3.co
Y Health
Hilex
Trailways
Pampa
Okla
City
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