Buyers Turn to Rail and Industry in Weekend Market News
The stock market posted a mixed close with gains in rail and industrial shares as investors held profits and awaited week end news. The 60 stock composite rose 0.1 to 61.4, with 825 issues active. KC Southern and Albany & Susquehanna advanced on merger prospects while Santa Fe, Chrysler, GM and others led gains amid earnings and defense reports.
MENTIONED IN THIS ARTICLE
New York
Associated Press
K. C. Southern Common
Preferred
Albany & Susquehanna
Delaware Hudson
Santa Fe
Hercules Motors
Chrysler
General Motors
Westinghouse
du Font
Kennecott
Northern Pacific
U.S
Market Summary From Chicago Trading Floor
Stocks and bonds moved unevenly with firms like Steel Bethlehem Southern Railway Great Northern U S Rubber and Douglas Aircraft among active names. Wheat fell 2 to a cent and cotton dropped 10 to 20 cents a bale as Ratheon Pennroad Solar Aircraft and Louisville Gas led curb activity. Turnover reached 340,000 shares vs 268,100 a week ago.
Bankhead Bill Opposition Eases Cotton Market Confidence
Cotton futures held near unchanged as traders awaited the Bankhead plan vote. In New York trading the market closed slightly lower after a narrow session, with March through January contracts posting small losses amid light selling and profit taking. In Galveston spot cotton stayed steady with values across grades showing modest declines amid low sales.
MENTIONED IN THIS ARTICLE
New York
Wool Futures Close Steady in New York Trade
Wool futures in New York on February 17 closed unchanged to five tenths of a cent lower. October tops traded at 124.5, December at 122.5. Certificated spot wool tops quoted at 134 on bid, n nominal.
MENTIONED IN THIS ARTICLE
New Orleans
Wool Futures
New York
Wool Tops
Return to McLean After Visits from Local Residents
After visiting Mrs. J. Roy Hutto in McLean at 3300 Polk Mrs. L. M. Wilson and her daughter Mrs. E. J. Windon also returned home.
MENTIONED IN THIS ARTICLE
W. Duke
West Seventh
Wellington
R. W. Duke
J. Roy Hutto
Polk
L. M. Wilson
E. J. Windon
McLean
Miss Melva Anderson a Chicago guest at Adams address
Miss Melva Anderson of Chicago visits her parents Mr and Mrs W L Anderson at 806 A Adams for several days.
MENTIONED IN THIS ARTICLE
Melva Anderson
Chicago
W. L. Anderson
A Adams
Markets at a Glance New York February 17 192X
Stock market mixed as specialists advance. Bonds steady with rail improvements. Cotton easy on profit taking and hedging. Wheat and corn weak due to profit cashing and hedging. Rye heats as commission houses influence local selling. Cattle steady and hogs nominally steady.
MENTIONED IN THIS ARTICLE
New York
Commission House
Butter and Eggs Quoted Steady in Chicago Market
In Chicago on February 17, prices for butter and eggs were nominally unchanged as buyers and sellers held steady in trading. No major shifts observed in the dairy commodity quotations reported.
MENTIONED IN THIS ARTICLE
Chicago
Cotton middling price at 10 Southern markets
Average middling cotton at ten designated southern spot markets on Feb 17 stood at 21.66 cents per pound, a routine market report noting the current rate in New Orleans.
MENTIONED IN THIS ARTICLE
New Orleans
Grain List Weak as Markets Quiet in Chicago
The grain list eased with losses up to a cent led by rye while trading stayed light and prices drifted. analysts cited profit taking and speculative upswings. Wheat and corn fell modestly with May contracts around the mid teens. cash grain in Chicago, Kansas City, and Fort Worth showed subdued activity amid dull demand and commission-house maneuvers.
MENTIONED IN THIS ARTICLE
Chicago
Commission House
Bankhead
Alabama
Burley
Kansas City
Slaughter Cattle Prices Steady to 35 Lower on Week
Kansas City and Chicago report mixed cattle action with salable totals around 150 to 300 head. Slaughter steers steady to 35 lower, top prices to 16.25, cows and bulls mostly steady to lower, stockers steady to strong. Hogs nominally steady. week unchanged at ceiling. Receipts Too small to test values. choice fed steers and yearlings weak to 15.
MENTIONED IN THIS ARTICLE
Fort Worth
U.P
WFA
Kansas City
Chicago Livestock
Chicago
Congress Cool On Labor Draft
The Krug led War Production Board urged Congress to pass adequate manpower legislation to direct workers to where they can most aid the war effort. He warned production shortfalls threaten immediate campaigns as Allied strikes impact Germany and Japan. The window for drastic controls appeared narrowing amid Capitol Hill reluctance.
MENTIONED IN THIS ARTICLE
Washington
Capitol Hill
J. A. Krug
War Production Board
Krug
Germany
Japan
Congress
Texas Time Change Bill Aims for Mountain Time Stay
The Texas Legislature considers shifting the state to Mountain Time for the duration of War Time and reverting to Central Standard Time afterward. Readers urged to contact Austin lawmakers in support of the proposal to resolve clock differences between Panhandle and New Mexico.
MENTIONED IN THIS ARTICLE
Texas
House
Lone Star
Panhandle
New Mexico
Globe News
Austin
Sees Millions Turning Hobo Predicts Postwar Road Habit
Jacksonville February 17 Jeff Davis nicknamed Hobo King predicts millions of young amateurs will take to the road after the war for thrills. He says plans to handle wayward youths will be discussed at a June executive council meeting of the International Itinerant Migratory Workers Union Hoboes of America in Buffalo New York. An oath for admission requires members to assist runaway youths and urge their return to homes and parents.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Jeff Davis
Davis
International
To Defer Few Under-30 Men in War Jobs
Washington reports a new Selective Service plan to defer a very limited number of men under 30. The deferral targets otherwise qualified registrants in 2-A or 2-B as of January 1 who are certified by designated government agencies for procurement, production, or maintenance of war materials and support services.
MENTIONED IN THIS ARTICLE
Washington
Selective Service
War Manpower Commission
Mrs Oliver Returns From Wichita Visit
Mrs. B. C. Oliver returns to her Wichita home after a visit with her brother James H. Cooper and family at 2905 Harrison.
MENTIONED IN THIS ARTICLE
Oliver
B. C. Oliver
Wichita
Kan
James H. Cooper
Harrison
Panhandle Highway signals slow speed into Amarillo
Traffic department installs a Mirror Street signal on the Panhandle Highway to slow motorists before the busy downtown area. Capt. Tommie Thomas notes the light will aid crossing and regulate entry, while a state patrolman reports many drivers miss the illumination.
MENTIONED IN THIS ARTICLE
Panhandle Highway
Mirror Street
Amarillo
City Traffic Department
Mirror
Tommie Thomas
Traffic Bureau
Panhandle
Thomas
Tokyo Air Defense Official Warns of Prolonged Underground Living
Harukazu Ogata reports Tokyo residents spent a day in shelters as carrier raids continue. He says Berlin style underground living may be needed, urges refuge in shelters, notes enemy targets shift to transportation facilities and leaflets are dismissed as rubbish.
MENTIONED IN THIS ARTICLE
Associated Press
Fifth Fleet
Tokyo
Harukazu Ogata
Berlin
Ogata
Federal Communications Commission
Explosion Seriously Injures Hereford Youth at Local Tire Firm
George Gideon 16 of Hereford remained in serious condition after an accidental explosion at Gunn Hinermann Tire Co. in the grease pit. A gasoline wash, a swinging shovel, and a shattered light bulb caused a vapor fire that burned his face hands and legs. Parents Mr and Mrs D S Gideon traveled from Hereford to be with him.
MENTIONED IN THIS ARTICLE
George Gideon
Gunn Hinermann Tire Co
West Seventh
Gideon
Hereford
George
D. S. Gideon
Highway Paving Boosts Amarillo to Borger Route
Texas state highway officials awarded a contract last week to pave the remaining seven miles of unpaved Highway 136 between Amarillo and Borger. Local boosters led by Wade Brymer of the Chamber of Commerce praised nearly two decades of effort dating to 1926 to complete the Oil Field Highway shortening travel to Borger and the North Plains.
MENTIONED IN THIS ARTICLE
Texas
Amarillo
Borger
Wade Brymer
Chamber of Commerce Highway Committee
North Plains
Stettinius Arrives in Rio for Vargas Talks
Secretary of State Stettinius arrives in Rio de Janeiro for talks with President Getulio Vargas during a stop en route home from the Crimea Conference.
MENTIONED IN THIS ARTICLE
Stettinius
Brazil
Rio DE Janeiro
Pres
Getulio Vargas
Crimea
Rep Floyd Dies in Paris After Stroke
Rep Charles R. Floyd of Paris died in Austin today from a stroke he suffered a week earlier. He served in Congress and represented his district before his passing.
MENTIONED IN THIS ARTICLE
Rep
Floyd
Austin
Charles R. Floyd
Paris
Amarillo's S Griggs honors 44 years in town
One of Amarillo's oldest business men, S Griggs, marked 44 years since he and his family arrived from Waynesboro. He recalled a blizzard on arrival and said he plans to stay. The family later ran N S Griggs & Sons funeral directors, continuing a business started in 1964.
MENTIONED IN THIS ARTICLE
Amarillo
S. Griggs
Mr. Griggs
Mrs. Griggs
J Horace
Alfred N
Waynesboro
Mr Griggs
House Delays Nurse Draft in War Cadet Scope
The House military committee voted to delay drafting civilian nurses until all qualified cadet nurse graduates are inducted. The panel also raised the minimum nursing draft age from 18 to 20 and barred taking nurses from veterans hospitals until VA releases them. A final vote was postponed to next Tuesday as Roosevelt urged speed on the bill.
MENTIONED IN THIS ARTICLE
Washington
House Military Committee
Veterans Hospital
Veterans’ Administration
Congress
Roosevelt
State of the Union
Chutists Slide Off Corregidor in Cliffside Drop
Paratroopers dropped on Corregidor's topside in Manila Bay Saturday and were forced to slide down cliff faces into the sea to be rescued by patrol torpedo boats. The island is described as having bottomside midways and topside gun batteries and barracks.
MENTIONED IN THIS ARTICLE
The
Associated Press
Corregidor
Manila Bay
Midway
Manila
Dick Mortons Orchestra Returns to Old Tascosa
Dick Morton and his orchestra have returned to Old Tascosa in a Herring Hotel. Hickman Benson, manager of the dine and dance spot, announced Saturday night that arrangements were made for Mortons return too late to change advertisements appearing elsewhere in this edition of The Amari Sunday News Globe.
MENTIONED IN THIS ARTICLE
Dick Morton
Hickman Benson
Morton
Amari Sunday News Globe
Also Mentioned on This Page
Alamoso
Woodmen of the World
Woodmen’s
Fraternity
J. H. Thompson
Farrar Newberry
E. S. Cowie
UNITE
E.S. Cowie Electric CO
van Buren
Echart's Shoe Repair Shop
West
10Th St
Louis Sines Public Accountant
Ong St
Graham-Hoeme
Graham-Hoeme Mfg. Co
Amarillo, Texas
Bo Wue Prueta
Vivian Blaine
Sweetheart
Pat Pictual
John Carradine
Mae
Parker
Galveston
Allied Finance Co
Amicable Life Inc
Arkansas Western Gas
Baker Hotel Co
Cabell's, Inc
Dallas Power & Light
Dallas Railway & Terms
Dr. Pepper Employers Casualty Co
Fidelity Union Life Ins
Galveston-Houston Co
Great Southern Life Ins
Gulf Insurance A. Harris & Co
Huey & Philp Hardware Co
Longhorn Portland Cement
Murray Co
Neiman-Marcus Co
North Texas Co
Pool Mfg
Republic Insurance Co
Southern Aircraft
Southland Life Ins
Southern Union Gas
Southwestern Drug
Southwestern Life Ins
Texas Electric Service
Texas Power & Light
Texas Textile Mills
Tex-O-Kan Flour Mills
Trinity Universal Ins
United Fidelity Life Ins
West Texas Utilities Ltd
Mercantile Bank
Dallas
Merrill Lynch
Pierce Fenner & Beane
Am Smelt & Ref
Armour & Covery
Paper Tae
Kennecott Copper
Lockheed
Lone-Bell Lumber
Aly Gulf Oils
Montgomery Ward
Nash Kells
Niscutt
Nia
Ohto
Nee Packard
Pan Amer Airways
Paramount
Socony
Southern
Pacante
Studebaker
Wty
Corp
Tex Gulf Sylph
Tidewater
Union Carbide
United Aircraft
W. J. Morris Agency
Insurance and Bonds
WFRA
the Lumber
Buchanan
Lincoln ST
J. B. Coe Lumber Co
McCormick-Deering
van Buren Ph
Pe Ee
Universal Concrete
3Rd Street
N. S. Griggs
Jap Future Underground
Vaughn Plumbing
Pierce
Lloyd Otten
W. 12Th
U S Weather Bureau
Albuquerque
Atlanta
Boston
Steeeensee
Oklahoma City
Omaha
Phoenix
San Antonio
San Francisco
Seattle
Shreveport
Tulsa
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