Market Closes On Saturdays As Week Ends
New York July 7 The stock market closed the short week with selective gains in utilities and declines in most other sectors. This Saturday closing pattern continues through July and August, resumes after Labor Day. American Telephone rose to a 1937 high of 177 1 2 as the Dow averaged 65.9, down 4 1 2 for the week.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Washington
American Telephone
Associated Press
Lower Acreage Forecasts Boost Cotton Futures Rally
New York July 7 price movement shows futures rising as expectations of sharply lower cotton acreage spark renewed buying. Traders eyed the upcoming acreage report while some hedging and profit taking occurred. Mill demand and New Orleans activity were light, with most players on the sidelines awaiting Monday's release.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Chicago Produce Butter Prices Report
Spot butter and essences listed with minor changes. Prices shown as AA 41 cents, A 41, B 40 1/2 cents, cooking grades 3 extras 27 4 10 2 10, standard 35 5 10, 35 6 10 with current receipts and dirties cited in 10 cent increments.
MENTIONED IN THIS ARTICLE
Chicago
Telephone in Garage Is Post-War Project
Rex French became trapped in a garage when a heavy overhead door jammed shut. After two hours of shouting for help he freed himself and announced his main postwar project will be a telephone in the garage.
MENTIONED IN THIS ARTICLE
Baton, N. M
Rex French
French
Slaughter Cattle Markets Mixed Across Midwest and Texas
Kansas City reports steady to higher prices for slaughter steers heifers and calves with top loads at 792 pounds and several over 1,000 pounds. Hogs and sheep show mixed results with 50 hogs steady at ceiling, spring lambs uneven yet mostly steady, and native lambs commanding around 16.50 to 17.50 for top lots. Chicago and Fort Worth summaries note limited receipts, cattle and bulls firm to higher, with feeders and stockers steady and hogs near ceiling.
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Chicago Livestock
Chicago
WFA
Fort Worth
Tex
USDA
Rye Slumps on Continued Downgrade in Chicago Market
Rye futures fell more than 3 cents a bushel in a nervous session with earlier losses of 5 cents. Wheat, corn and oats eased fractionally, while rye remained under pressure from board restrictions and a congressional inquiry into alleged manipulation.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Congress
Kansas City and Fort Worth Cash Grain Report Summary
Wheat and corn prices move unevenly across Kansas City and Fort Worth markets on July 7. Wheat values range around 1.58 to 1.71 for No 2 dark hard and 1.56 for Sept contracts. corn mostly steady near 1.15 to 1.30 for various grades. oats steady with minor declines. barley and grain sorghum quoted in narrow bands.
MENTIONED IN THIS ARTICLE
Kansas City
Fort Worth
Markets at a Glance Wheat Up Corn Down Rye Declines
Market brief from Chicago reports Wheat advancing modestly, Corn steady to lower, Rye down 1 to 2 cents amid liquidating pressure. Hogs and cattle remain nominally steady.
MENTIONED IN THIS ARTICLE
The
Associated Press
Chicago
Open Mail Service Restored in 12 European Countries
Postal officials announce resumption of mail and parcel post to more than 12 European nations. Greece gains parcel post though no registration or insurance yet. Rates and limits intact, one parcel every two weeks, weight 11 pounds, length 18 inches, girth limit 42 inches. Belgium Denmark France Luxembourg Netherlands Norway now served for all mail classes. Unregistered uninsured parcels allowed to these nations. Further mailing rules on file locally.
MENTIONED IN THIS ARTICLE
Greece
Belgium
Denmark
France
Luxembourg
Netherlands
Norway
Panhandle Harvest Push Drives Need for Combines Across States
J B Kidd of the Extension Service says Texas finishes its Panhandle wheat harvest while other states seek combines and labor. Oklahoma Panhandle counties Cimarron and Texas are strongest needs. Kansas southwest and central regions report shortages. Colorado plans to start next week. Kansas totals require about 500 combines and operators. Labor demand remains high as tractor drivers stay in demand. Texas trucks suffice unless unusual events occur.
MENTIONED IN THIS ARTICLE
Panhandle
J. B. Kidd
Extension Service
Plainview
Texas
Kidd
Oklahoma Panhandle
Cimarron
Oklahoma
Kansas
Colorado
Amarillo
No Gold for Russians Stainless Steel Teeth on Officer
Col. Harry C. Laster returns from Europe aboard the Eleazer Wheelock and notes a Soviet captain wearing a full set of stainless steel teeth. He calls it the damndest thing he observed, reflecting on Russian enterprise as seen in a smile.
MENTIONED IN THIS ARTICLE
New York
Harry C. Laster
Newark
N. J
Europe
Eleazer Wheelock
Laster
Mess Hall Construction Advances at Boys Ranch
Work on the Big Mess Hall and kitchen at Boys Ranch progresses with carpenters led by foreman Ollie White and crew. Donations organized by Charles S. Lambie fund the project, and Mrs. Thompson, longtime cook, aims to install a $100 steam table toward the $200 needed. Richard Strain, 15, helps cook for 50 people including staff, boys, and visitors.
MENTIONED IN THIS ARTICLE
Boys Ranch
Ollie White
Harold Sides
Shorty Smallwood
Frank Floyd
FE. C. Holley
Roy Dunn
Charles S. Lambie
Amarillo
Mina
Thompson
Richard Strain
The
Carpenters
War Production Board eases blanket ban for civilian supply
The War Production Board revoked the 100 percent wool blanket freeze to meet civilian needs this winter. The action ends the wartime restriction that prioritized military use and promises ample blankets for the public.
MENTIONED IN THIS ARTICLE
Washington
War Production Board
Freed Plainview Man Fattens Up
Plainview staff sergeant Wayland Patterson home after 14 months in a German prison camp. He was captured February 21, 1944 and liberated April 29, 1945 after serving as radio operator and top turret gunner on a B 24. He lost 53 pounds during captivity, weighing 132 at his lowest, now 155. He bailed out at 19 000 feet near Muenster after his bomber was hit by flak. The ball turret gunner was killed. one crew member vanished. Patterson and four crewmates stayed together throughout captivity.
MENTIONED IN THIS ARTICLE
Plainview
Sergean Wayland Patterson
Patterson
Muenster
S/Set
Caregiver Inquiry Over Injury Response
A brief excerpt notes someone asking if I was injured and speaking in English. I answered that I was hurt and received considerate treatment in return.
Vinson Continues War on Tax Dodgers and Evasion
Washington July 7 The tax evasion drive begun by Secretary Mor gENTHAU will continue under new Treasury head Fred M Vinson He argues justice requires everyone to pay their share President Truman backs the drive Congress boosted Internal Revenue Service funding Editorials praise the effort and Vinson gains momentum as he starts in office.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Henry Morgenthau
Fred M. Vinson
Vinson
House of Representatives
Congress
Bureau of Internal Revenue
Appropriations
House
Senate
The
Treasury
Treasury Secretary Faces Tax Fraud Probe Potential
The new Secretary of the Treasury can act quickly to pursue large tax frauds, aiming to project power and influence. The text suggests bold moves to expose financial wrongdoing and set a reform agenda.
Ten Killed and Wounded as French Fight Syrians
In Latakia a clash left 10 people dead and 45 wounded after French forces fired heavy mortars on the town and Syrian fire was returned. British troops restored order as casualties included three French dead and eight wounded amid ongoing Levant tensions.
MENTIONED IN THIS ARTICLE
Beyrouth
U.P
Lattaquia
Levant
Amarillo High A Capella Choir to Meet at Herring Hotel
The Amarillo High School A Capella Choir will convene at the Herring Hotel Tuesday night under Director Julia Dean Evans. All former members are invited to attend a program featuring color movies of the choir and a rehearsal.
MENTIONED IN THIS ARTICLE
Amarillo High School
Herring Hotel
Julia Dean Evans
Radio Schedule Fragments Highlight Sunday Programs
A scrambled listing shows KGNC and KFDA broadcast slots for Sunday morning through evening, featuring church services, news, music programs, and dramas from stations including NBC ABC CBS and regional affiliates. Notable names include George Crook, United Press, Kay Armen, and James Melton among many.
MENTIONED IN THIS ARTICLE
KGNC
NBC
Boon County
KFDA
Blue
ABC
Central Baptist Church
Glenwood Baptist Church
Message of Israel
Freedom's Fighting Men
First Baptist Church
U. P
Sammy Kaye
University of Chicago Round Table
CBS
Lyman Bryson
Ed Murrow
Geo
Gunn
Whiteway
NBC Bennet
MBS
Jim
Westinghouse
CBS News of the World
Bill Cunningham
Kay Armen
Felix Knight
Francis White
KGNOC
Laura V Hamner
Mary Small
CBS Family Time
Charlotte Greenwood
Nick Carter
Bill Shirer
KGNO
America United
Kgnc Music of
Manhattan
Nation
Icebox Follies
Walter Winchell
CBS Magazine Theater
MBS Horizons
James Melton
Alec Templeton
Cedric Feater
Jimmy Fidler
Dorothy Thompsono
Riley Blue
MBS_ Brownstone Theater
Park
Ambassador Hotel
Orch
Francia Craiz Orch
Kfda News
GNC
Also Mentioned on This Page
Galveston
E. B. Burgess
At &Th
Tyier St
Fireside Coffee
Fireside
Aseline
CRC
Waples-Platter Company
Ke Ae
Open Mail
Lieve
Cohama
Barry Wood
Ben Grauer
Vincent Lopez
K.F.D.A
Boys’ Ranch
Globe News
Wilson
Polk Ph
Freed Plainview
Truman
Lloyd Otten
W. 12Th
McCormick-Deering
International Harvester
Plains Implement Co
Creekmore Implement CO
E. 10Th St
Abel
RADIO
Wayne Kine
Drew Pearson
Men of Vision
KPDA
Don Gardiner
Rogues Gallery
Quiz Kids
Francis Langford
String Ensemble
CBS Londie
Dagwood Mbs
Alexander Ana Mediation Board
Tommy Dorsey
Gabriel Heatter
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