Market Decline Follows War News As Italian Entry Deals Blow
New York June 19 The stock market fell to two year lows amid adverse war news and Italy joining the conflict. The Associated Press average slid to 37.0, down 1.2, with 971,440 shares traded. Major losers included Wright Aeronautical Norfolk and Western Eastman Kodak and others. Grain and rubber futures rose while some blue chips dropped sharply. A note on pollen production concludes the report.
MENTIONED IN THIS ARTICLE
New York
Italy
Associated Press
Wright Aeronautical
Norfolk
Eastman Kodak
Allied Chemical
Union Pacific
Douglas Aircraft
Lockheed
Sperry
U. S. Steel
Bethlehem
Chrysler
General Motors
Sears Roebuck
du Pont
American Can
Standard Oil
N. J. Kennecott
International Nickel
American Telephone
Aluminum of America
Aluminum Lt
American Gas
Bell Aircraft
Brewster Aero
Heyden Chemical
Standard Steel Spring
N. J Zine
Wheat Market Reacts to Italy Move in Front of Trade
Italy's entry into the war stirs brisk wheat futures trading in Chicago with price swings over four cents and a net small advance by close. Corn rallies with wheat though oats hold steady, while cash grain markets in Chicago and regional hubs post mixed prices and shifts in wheat and corn bids.
MENTIONED IN THIS ARTICLE
Chicago
Italy
Kansas City
Wall Street Open With Heavy War News Across Markets
June 10 report shows heavy selling on stocks as war news dominates trading. Bonds weaken with Italian pressure. sterling falls. cotton and sugar face varied moves. Chicago wheat and corn rise while cattle stay strong and hogs ease. Produce includes extensive poultry and egg price listings with varied butter, egg, and turkey quotes.
MENTIONED IN THIS ARTICLE
Chicago
New York
Wall Street
Commission House
Boston
Cattle Market Steady to Strong Across Regions
Kansas City reports steady to strong cattle prices with top beef up to 5.95 while lighter weights sell around 4.80 to 4.85. Hogs and calves show mixed moves. Chicago and Fort Worth markets list higher asks and generally steady or slightly rising cattle, hogs, and sheep led by feeding stock and vealers.
MENTIONED IN THIS ARTICLE
Kansas City
Arizona
Fort Worth
USDA
Union Cab Drivers Sue Yellow Company
Union taxicab drivers filed suit in federal court demanding 175000 dollars in damages from Yellow Cab and Transportation Company alleging violation of the National Wage and Hour Act. The suit claims overtime wages from Oct 1 1938 at time and a half plus penalties and attorney fees.
MENTIONED IN THIS ARTICLE
Houston
U.P
Yellow Cab and Transportation Company
W. A. Combs
American Federation of Labor Union
Checker Cab Company
City Cab Company
Combs
Yellow Cab Company
National
Yellow Cab Organization
Germ Destroyers Put Right in Blood
New York June 10 A method of delivering germ destruction by ultra violent rays directly into the bloodstream was shown at the American Medical Association convention. Discovered by Emmett K Knott and Dr Lester A Folblom the process treats a patient's blood for nine to fourteen seconds then reintroduces it. Officials report trials on thousands of infection cases with good results.
MENTIONED IN THIS ARTICLE
New York
American Medcal Association
Emmett K. Knott
Seattle
Wash
Lester A. Folblom
Eugene
Ore
Cardenas Lands Democracies New York Address
President Lazaro Cardenas of Mexico spoke by radio from Mexico City at the World's Fair in New York. He affirmed faith in democratic institutions and said Mexico seeks close understanding with the Americas to jointly oppose violence and intervention. It was the tenth salute to the Americas at the fair.
MENTIONED IN THIS ARTICLE
New York
Lazaro Cardenas
Mexico
Mexico City
Americas
Cardenas
Cotton Futures Jolt Then End Slightly Lower After War News
New York June 10 Prices surged 11 to 14 points on news of Italy entering the war but closed 1 to 5 points down with New July up 5. Short covering faded as traders reassessed export routes for American cotton. Port receipts 5 627 and stocks 2 523 547. Cottonseed feeds listed for Fort Worth Texas.
MENTIONED IN THIS ARTICLE
New York
Worth Street
Appeals slate before Texas Court of Civil Appeals at Amarillo
Motions granted and overruled in a batch of cases from multiple Texas counties including Lipscomb Hall Lofland, Ebers, Wood, Guyer, Cullum, and Chappell. Docket lists rehearings, certiorari actions, transcript extension, mandates, and cases submitted June 10 1940 and set for October 7.
MENTIONED IN THIS ARTICLE
Court of Civil Appeals
Seventh Supreme Judicial District of Texas
Amarillo
Audrey Lipscomb
May Lofland
Texas Employers Insurance Association
M. Mitchell
Colorado Life Company
Rufus Sweat
Harry J. Ebers
Traders & General Insurance Company
Minnie L. Wood
Lubbock County
Emma B. Guyer
Walter E. Guyer
Wilbarger County
Fred C. Cullum
Duke Cullum
Potter County
Cottle County
W. D. Scott
Wheeler County
P. C. Anders
Hartford Accident& Indemnity Co
Lamb County
Providence Washington Insurance Co
Farmers Elevator Co., Inc
Carson County
T. DeWitt
Kent County
Henry Helfenbein
J. S. Talley
Texas Railroad Commission plans oil production changes
The Texas Railroad Commission favored adjusting proration for June to August. East Texas may gain slightly while Gulf Coast cuts aim to curb waste from high gravity crude. Panhandle fields could receive higher allows as recent Gulf cuts offset Panhandle needs.
MENTIONED IN THIS ARTICLE
Austin
Texas Railroad Commission
East Texas
U. S. Supreme Court
Lon A. Smith
Jerry Sadler
Commission
Texas Gulf Coast
Panhandle
Railroad Commission
Texas
U. S. Bureau of Mines
Fast
Gulf Coast
Sadler
Defense Minister of Canada Killed in Plane Crash
Newtonville Ontario June 1. Canadian Defense Minister Norman McL Rogers and three RCAF crew members died when their plane crashed while attempting an emergency landing one mile east of Newtonville. Weather officials reported fog and low visibility in the area during forenoon.
MENTIONED IN THIS ARTICLE
Newtonville
Ont
Norman McL
Rogers
Royal Canadian Air Force
Here
Toronto
Ottawa
Canadian Club
Empire Club
Weather Bureau
Bowmanville
Port Hope
Airplane for Allies Crashes in New York Killing Pilot
A Curtiss dive bomber en route to Canada for Allied shipment crashed in bad weather near Marinville New York killing pilot Allan B. Sullman 26 of St. Louis. The craft was traveling from Buffalo to Albany and crashed eight miles west of Schenectady. Burdette S. Wright Curtiss-Wright vice president announced the death.
MENTIONED IN THIS ARTICLE
New York
Canada
Marinville
N. Y
Allan B. Sullman
St. Louis
Buffalo
Albany
Schenectady
Sullman
Burdette S. Wright
Curtiss Aeroplane
Curtiss-Wright Corp
William Tell Slayer Charged With Murder
Houston June 10 Jack Roach automobile dealer and sportsman was charged with murder without malice in the William Tell killing of a man servant. Olivia Paines a 36 year old Black woman was fatally wounded at Roach's ranch while balancing a cup atop her head as a target for his pistol fire. Roach claimed his aim was off when someone on the bed moved.
MENTIONED IN THIS ARTICLE
Houston
Jack Roach
Olivia Paines
Roach
Wellington Bond Election Set
Wellington voters will decide June 25 on two bond issues. City secretary Joe Thompson announced a $20,000 plan to build a community house and a $175,000 revenue bond for a power and light plant and distribution system.
MENTIONED IN THIS ARTICLE
Wellington
Joe Thompson
Radio Schedule Listing for Amarillo Broadcast Day
A detailed Tuesday schedule lists 2 500 watt day and 1 000 watt night broadcast on 1410 Ke with morning programs like The Sky Pilot Rise and Shine and Breakfast Club of the Air NBC. It covers noon to midnight segments including NBC and TSN shows, music orchestras, news, farm programming, sports, and religious features with hourly changes and network notes.
MENTIONED IN THIS ARTICLE
The
Sky Pilot
Rise and Shine
Breakfast Club of the Air
NBC
Grady Hazlewood
News Flash
Paul Baron
Leonard Rhythm Parade
Dixieland Strings
TSN
Alvino Rey
Orch
Monitor
Gal
Carol Leighton
Te&n
Red Cross Speaker
Amarillo
Accordionaires
Palton Lewis
MBS
San Jacinto Boosters
Geo. W. Keeling
Greyhound
Ned Jordan
Sparta
Sky Reporter
Chuck_ Foster
Abner
Nbde-Weat
Cbs-Wabs
Nbc-Wis
Aeolian Ensemble
Che-Mi 6
Edwin C
Yvette
Nbc-Weat
Paul Sullivan
Cbs-Wabe
Cbs-Weet
Arthur Hale
Wrva
Paul Douglas
Rocky Gordon
Nbc-Red-Chain
Lowell Thomas
Nbc-Wiz Basic
Bud Barton
H. V. Kaltenborn
Nbe
Sam Baker
East
Johnny
Weaf
Edward G. Robinson
Cbs
Wor
Horace Heidt
Ube
Wja
Dancing Music Orchestra
Mbs-Qor
Elmer Davis
Nbc-9
Prof
Quiz & the
Cbs-Waba
Bob Hope
Roy Shield
Glenn Miller
Orwiss
Raymond Gowing
Walt Doghouse
Nbc-Wear-East
Fred Warings
Cbsa
Wabo
Amos and
Andy
Arnold Grimm
Amarilla City
Sesenese
Amarillo Airport
Abilene
Tex
Billy Briggs
Akron
Alpine
Austin
Boise
Idaho
Omeé
Brownsville
Morris_ Spicer
Carrizozo
Four Beiles
Cheyenne
Wyo
Ma Perkins
Chicago
Pepper Young's
Cincinnati
Ohio
Vie and Bade
Clayton
N. M
Sing- Corpus Christi
Sam Dallas
Stella Dallas
Nbc del Rio
Lorenzo_Jones
Denver
Colo
Young Widder Brown
Des Moines
Dodge City
Kam
Edmonton
Can
Elk City
Okla
Betty Barrett
NBC Luron
Fin
Charlie
Jacksonville
Kamloops
Kansas City
Max Boyer
Lamar
Lander
Little Rock
Ark
Los Angeles
Cal
Lubbock
Minneapolis
St P. Minn
Arthur Godfrey
Minnedosa
Legion of Safety
Modena
Utah
Mogollon
Williamson Sisters
Montgomery
Ala
Nashville
Tenn
Jonhn Josey
New Orleans
North Platte
Neb
Fred Waring
Oklahoma City
Omaha
Frank E Hook
Phoenix
Ariz
Portland
Ore
Pueblo
Colo. O
Rapid City
Roswell
Rogerio Garcia
St Louis
Gene Krupa
Salt Lake City
Ray Kinney
San Francisco
Bud Freeman
Santa Fe
Sheridan
Shreveport
Tucumcari
Washington
Wichita
Kan
Wink
Williston
N. D
Winnemucca
New
Wilmington
N.C
Oil Supply Shows Large Increase
The U S Bureau of Mines reports April 30 total oils at 555 433 000 barrels, up 11 590 000 from March 31, equating to 145 days supply. Domestic demand 103 526 000. exports of crude 4 242 000 and refined products 7 515 000. Finished gasoline stocks 96 415 000, aviation gasoline 3 872 000. April daily crude production 3 868 200 barrels, 351 200 above April last year.
MENTIONED IN THIS ARTICLE
Washington
U. S. Bureau of Mines
ODaniel Urges Renewed Patriotism Ahead of Flag Day
Governor W Lee O Daniel spoke to a mansion audience that included about 50 World War I veterans, urging renewed patriotism for Flag Day. He called patriotism the nation’s cement and cited home country and God as pillars while defending the Constitution with energy and resources.
MENTIONED IN THIS ARTICLE
Austin
W Lee O'Daniel
Engineer and fireman killed in PRR derailment near Farmingdale
On a Pennsylvania Railroad passenger train two miles east of Farmingdale New Jersey a washout derailed the train late yesterday causing the engineer Thomas Ford of Collingswood and fireman W H Van Dyke of Long Branch to be killed. Ten passengers were injured, none seriously, and both crew members were pinned beneath the overturned locomotive.
MENTIONED IN THIS ARTICLE
Farmingdale
N. J
A.P
Pennsylvania Railroad
Here
Thomas Ford
Collingswood
W. H. van Dyke
Long Branch
Oil Market Summary Tulsa Report June Midcontinent Prices
Petroleum product prices showing a firmer tone across the midcontinent refinery market with no listing changes. Prices cover U S motor gasoline kerosene fuel oils gas oil and industrial fuels in tank car lots of 1000 to 10000 gallons. Separate note: New York state Supreme Court orders Standard Oil Indiana and five individuals to pay damages to Pan American Petroleum and Transport Company in a case pending profit accounting since April 1933.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Oklahoma
U. S
Fiat
North Texas
New York
State Supreme Court
Samuel Roseenman
Standard Oil Company of
Indiana
Pan American Petroleum and Transport Company
Athlete's Death Is Probed
Coroner A. E. Shaw investigated the death of 24 year old Davis Davis of Tyler Texas, once Iowa State high school golf champion. Davis died last night while visiting in the home of a former classmate in Des Moines.
MENTIONED IN THIS ARTICLE
Des Moines
A. E. Shaw
Davis Davis
Tyler
Texas
Iowa
Davis
Motorcycle Victim Wallace Hinson Dies After Crash
Wallace Hinson 20 died in San Angelo after a motorcycle crash nearby. A former Stamford resident, he was buried there today.
MENTIONED IN THIS ARTICLE
San Angelo
Wallace Hinson
Here
Stamford
Classification 39 in the Globe News Wanna
The Globe News lists a Classification 39 item in its latest edition, detailing emphasis on specific regional topics and shorthand identifiers used by editors and readers.
MENTIONED IN THIS ARTICLE
Globe News
Also Mentioned on This Page
AGE Nis Duce
Plymouth Rock Springs
White Rock Springs
Plymouth Rock
White Rock
M & Fdy
Zinc L&ss
Atés F Tdsvee Il
Atl Refining
Aviation Corp
Barnsdall Oil
Bendix Aviat
Beth Steel Veee Nv
Rden Coe
Callahan
Calumet & Hev
Cerro de Pas
Grat És EL
Cornwith_& Son
Curtis Wright
Gen Foods Peeve
Goodrich
Goodyear
Kennecott
Lockheed Airc
Loews
Lorillard
Mid Cent Pet
Montgom Ward
Nash Kelvin
Nat Biscuit
Nat Dairy Pr
Nat Distillers
Nat Pow & LT
NY See
Nor Amer
Nor Pac Ee Eecenene
Ohio Oilcoun
Pac Gas & el
Packard
Pan Am Airways
Penney
Penn RR Seevee
Phelps Dodge
Phillips Pet Plymouth
Iiman Seeee
Rand
Repabr Steel
Seaboard Oil
Ars Roebuck
Ria Shell Union
Simmons Jones
Simms Pet
Secon
Sou Gas
United Corp
United Drug
United Gas Imp
US Rubber
Steel
Walgreen Oe
Warner Bros
U Tel
West el & Mfg
Woolworth
Curb Am Cyan Beeeene
Am Gas
el U
Ark Nat Gas A
Bath Iron Works
Bell Aire Ve
Bellanca Aire Vues
Brewster Aire
Bridgeport
Mach
Ites Service
Crocker-Wh EI M . Sty
Eagle Pich
el Bond
DOW Jones
Courtes Fenner & Beane
Curtiss Wright
Republic Steel
Gen Motors
Lockheed Aire
Bethlehem Steel
Anaconda
Dn Packard
Boeing Aire
Willys
Socony
Treasury
Preas
Indus Rails
Rails Indus Util
Chicago Livestock
Denver Livestock
NEW York Metals
Connecticut Valley
East St. Louis
Pennsylvania
Alabama
Union
Yellow Company
Galveston
W.P
Western Feeders Supply Company
Texas Mills
Defense Minister
Allies
William’ Tell
Weather Data
Glen Gray
Kitchen Magic
Young Dr. Malone
David Harum
Lone Journey
the Guiding Light
Kate Hopkins
Angel of Mercy
Portia Blake
Life
National Farm and Home Hour
KFDA
Reveille
Jack Armstrong
Nbc-Wed-West
Ireene Wicker
Nbc-Wiz the Golden Gate Quartet
Cba-Wabc
Nbe-Weat
Bud Sarton
Gerial
Nbc-Wiz-East
J. Johnston
O'Daniel
Standard
Malden
Mass
Gulf
South Texas
New Mexico
Union Bus Depot
Old Post Office
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