Hedging and trading terms plus deadly train crossing incident
A testimony describes commodity futures concepts hedging spreading and long and short positions. The report also covers a fatal car train collision at a Grand Avenue crossing where a 1941 Pontiac was struck by a Rock Island freight train, killing one and injuring three others.
One Killed Four Hurt In Grand Avenue Train Crash
Five riders were in a northbound 1941 Pontiac coupe when a train struck the vehicle at the Rock Island crossing on Grand Avenue. Louis Milton Brazil 20 of Happy was killed. Melvin Schaeffer 23 suffered minor injuries. Thelma Bauer 19 Mary Morris 19 and Virginia Lee Moorehead 18 were seriously injured with fractures. Brazil’s body was run over by the freight as it rolled several hundred feet before stopping. Surviving victims were rushed to St. Anthony's Hospital. Funeral services for Brazil will be held at 2:30 p.m. tomorrow at First Methodist Canyon. Burial in Dreamland Cemetery Canyon under Boxwell Brothers.
MENTIONED IN THIS ARTICLE
Rock Island Crossing
Grand Avenue
St. Anthony’s Hospital
Louis Milton Brazil
Happy
Melvin Schaeffer
Thelma Bauer
Mary Morris
Taylor
Virginia Lee Moorehead
Fillmore
Brazil
Harry Calvert
North
Buchanan
Robert Boynton
A Jackson
St. Anthony's Hospital
Boxwell Brothers
N. S. Griggs & Sons
F. M
Marvin
Douglas
Daniel
Nora Lee
Laura
Mary Alice
First Methodist Church
Canyon
Hubert Thompson
Elmer Bauer
Charles Knox
Bill Todd
Steve Hays
Curtis Lehnick
Virgil Roberson
Dreamland Cemetery
Texas weekend toll: at least 30 dead from crashes and violence
United Press reports a violent weekend in Texas left at least 30 dead. Victims include auto crash victims across multiple cities, a drowning, a gunfire death, and several homicides under investigation. Nobly named victims span Wichita Falls to Brownfield and Houston.
Odds of a White Christmas in Amarillo Four to One
Weather observations show Amarillo has a four to one chance of snow on Christmas Day. In 56 years only 15 Christmas days were white or near white, with the record snow of 1918 totaling 21 inches. Forecaster H C Winburn notes the latest forecast expects clear skies and cooler temperatures with highs around 53 today and 51 tomorrow.
MENTIONED IN THIS ARTICLE
Amarillo
H. C. Winburn
Weather Bureau
Winburn
Truman Begins Battle for Price Controls and Rationing
A White House source says President Truman has begun his fight for price control and rationing powers to curb the high cost of living. He will sign the Republican passed anti-inflation bill reluctantly and push new measures in January and in forthcoming economic and state of the union messages.
MENTIONED IN THIS ARTICLE
Washington
U.P
White House
Truman
Congress
Mrs Roy Hanna Wins News Tip First Prize
Mrs. Roy Hanna won $5 for the top News Tip about bus passengers ill from carbon monoxide in Amarillo. Floy Thomas Isham earned $3 for Santa Claus visit tips, and Jerry Talley won $2 for a dog and cat on a garage roof feature. Several others contributed News Tips during the week.
MENTIONED IN THIS ARTICLE
Roy Hanna
News Tip
Amarillo
Taylor
Santa Claus
Floy Thomas Isham
North West Second
Johnny Kramer
St. Anthony's Hospital
Revere Ware
Herbert Bros
Jerry Talley
Fillmore
Jimmy Lovelady
Kentucky
Garland L. Wortham
Spruce
Doris Collie
East Fifth
Mae Jones
North Hayes
Paul Grisfin
Sanborn
Ann Graham
North Polk
Charles M. Holt
Rosemont
Grace Selders
Pierce
DeWayne Clement
North Lamar
Sam Walker
Tennessee
Tojo Is Called To Stand
Former Japanese premier Hideki Tojo will testify in his defense at the Far East International Military Tribunal. He is expected to take full responsibility for Pearl Harbor and the war, while possibly shielding Emperor Hirohito. Shigenori Togo testified on the emperor's consent to send Roosevelt’s reply, with Kido also a defendant. The trial drags toward a projected next summer conclusion.
MENTIONED IN THIS ARTICLE
Tokyo
U.P
Hideki Tojo
Pearl Harbor
Far East International Military Tribunal
Tojo
Pacific
Hirohito
Shigenori Togo
Togo
Roosevelt
Marquis Kido
Kido
Pearl Arbor
Japan
Meyers Freed on Bail in Perjury Case
Mia j. Gen. Bennett E. Meyers retired official released on 2000 dollar bail and ordered to Washington January 7 for arraignment on three counts of perjury and subornation linked to Senate wartime aviation contract investigations. Supreme Court refuses to review King Ranch estate breach of trust charges.
MENTIONED IN THIS ARTICLE
New York
U.P
Bennett E. Meyers
Washington
Senate
Supreme Court
Henrietta M. King
Texas
Justice Dept orders probe into GI home building in Dallas
Justice Department officials said Attorney General Tom Clark has ordered an investigation of GI home building operations in Dallas. The move follows reports alleging irregularities in construction and financing. Authorities declined further comment.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
Tom Clark
Dallas
Weather Garden Summary for Amarillo and Vicinity
Clear skies and cooler afternoon in Amarillo and vicinity with continued mild conditions tonight and Tuesday. West Texas and New Mexico show fair skies with no major temperature change. highs around 59 and 49 degrees, low near 29.
MENTIONED IN THIS ARTICLE
Amarillo
West Texas
New Mexico
Labour groups urged to root out Communists in Britain
Britain’s Labour Party secretary Morgan Phillips asks all labor groups to combat Communist influence within the party amid claims of US inspired plots to split unions in France, Italy, and Britain. Moscow radio blasts Marshall Plan as warlike, referencing Goering and Schacht.
MENTIONED IN THIS ARTICLE
London
Britain
Rung
Labor Party Today
France
Italy
Labor Party
Morgan Phillips
Communist Daily Worker
US State Department
American Federation of Labor
Philby
Paris
General Confederation of Labor
CGT
Phillips
Communist Party
Moscow Radio
Truman
Congress
Marshall
Moscow
The Globe offers Peace Conference Atlas for ten to fifteen cents
The Globe sells a four color Rand McNally Peace Conference Atlas for ten cents over the counter or fifteen cents by mail. It has up to date world maps and covers boundary shifts with a Christmas shopping theme. Miss Frances Lampton in Amarillo handles mail orders at fifteen cents.
MENTIONED IN THIS ARTICLE
Globe
World Atlas
Rand McNally
The
Panhandle
H and Fillmore
Globe Office
Frances Lampton
Globe News
Amarillo
Three Injured In Car Crash Involving Dodge and Ford
A collision at Seventh and Buchanan left three people hurt. Mrs. M. Davis suffered serious injuries while Mrs. Calvin L. Hanson and her four month old son sustained less serious injuries. The 1931 Ford carrying the Hansons was hit by a 1947 Dodge driven by H P Palmer. The injured were taken to St Anthony's Hospital by Clarendon ambulance.
MENTIONED IN THIS ARTICLE
Seventh
Buchanan
M. ¥. Davis
Garfield
Calvin L. Hanson
Colorado Springs
Calvin L. Hanson, Jr
Ford
Seventh Avenue
Dodge
H. P. Palmer
Fillmore
St Anthony’s Hospital
Murphys Spicer - Buntin
Clarendon
Storm Warnings Raised as Northwest Storm Approaches
Weather service issues storm warnings from northern California to Puget Sound as an intense gale moves in from a center about 700 miles at sea. The system threatens coastal areas with high winds and rough seas as of December 22.
MENTIONED IN THIS ARTICLE
San Francisco
Weather Bureau
California
Puget Sound
FHA Repair Loans No Down Payment Mentioned
Advertises FHA repair loans with no down payment. References John Maynard Lumber Co. and a number 200, suggesting contact or amount.
MENTIONED IN THIS ARTICLE
John Maynard Lbr. Co
Also Mentioned on This Page
Pauley
Royall
Anderson
Bridges
New Hampshire
Republican
Senate Group
Rock Island
Lucky's Dog House
United Press
O. B. Fisher
Wichita Falls
William Lopez
Waco
Milton Brazil
Farmer
Ramon Gonzales
Carmen
Mexico
el Paso
US 80
W. Glynn Yale
Chico
US 81
Rhome
Kenneth Warren Lewis
Brownfield
Leslie Jones
Houston
Paul Edison Mercer
Hidalgo Painter
Pharron
Ruth T. Byron
Fort
Leming
Atascosa County
Harry B. King
Domingo Avila
Rosales de Handy
Donna Hidalgo
McAllen
James Lee
Santa
State of the Union
Sen
Robert A. Taft
Ohio
Neely
Greenhill-Lowndes
Buli Ftins
Meyers
Fuller
Williams-Borce Agency
United States
Germany
Goering
Hitler
Nuernberg
Schacht
Russell Stationery Company
Coast