Traders Hold Gains Amid Mixed Market Moves
In New York on June 18 traders kept commitments light awaiting European war developments while stock prices trended upward. The Associated Press average rose marginally to 41.1, with oil and navy contract concerns weighing on certain sectors. Airlines and several major firms posted gains while oil and mining shares lagged, as copper and other metals held steady in a cautious session.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Senate
American Airlines
Eastern Air Lines
Allied Chemical
U 8
Steel
Bethlehem
Republic
Chrysler
Goodrich
Goodyear
Sears Roebuck
United Aircraft
American Telephone
Western Union
N. Y. Central
Pennsylvania
Southern Pacific
Great Northern
Kennecott
du Pont
American
Pit
International Nickel
Wheat Market Ends Mixed After Dull Trading Day
Wheat futures drifted over a narrow range and closed steady to a touch higher amid light trading. Early session buying lifted prices on stock market gains and weak crop comments from the southwest, but prices eased back to around the day’s close. Cash grain quotes show mixed values across Chicago Kansas City and Fort Worth markets with No 2 hard and red wheat quoted around mid 70s to 80s and corn firming modestly in scattered values.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
Fort Worth
Closing New York Stocks June 18
Stock market report from New York shows moderate activity with mixed advances and declines across sectors. Major indices trim gains as traders weigh industrials and financials amid cautious trade sentiment.
Markets in Brief Roundup From New York Trading
Markets in Brief from New York on June 19 shows stocks steady with early rally faltering, bonds up but Axis loans losing early gains, and mixed foreign exchange with Nazi currencies up and the Canadian dollar down. Cotton and wool trends mixed as trade. metals steady with spot lower. Chicago wheat and corn higher. Cattle firm to higher and hogs mostly down with top at 5.25.
MENTIONED IN THIS ARTICLE
New York
Boston
Chicago
Cattle Market Steady Lower Across Regions
Kansas City reports Hogs and Cattle bids mostly 15-20 cents lower with top hogs at 45.90 for 200-230 lbs. Chargers show mixed movement in beef and calves, while Oklahoma City and Denver markets note steady to weaker sheep and lambs. Chicago and Fort Worth push similar trends with hogs slipping and cattle varying by class as buyers and sellers adjust post Monday averages.
MENTIONED IN THIS ARTICLE
Kansas City
Oklahoma City
D. A
Denver Livestock
Denver
USDA
Fort Worth
Oil Market Summary Tulsa Oklahoma June 18 1948
Refiners blamed excess gasoline on the open market for the Midcontinent market’s stagnation despite heavy buying. Prices show gasoline steady near 72-74 octane at 4 to 4.5 cents per gallon, crude firm, and industrial fuels varied with white and straw oils priced in fractions of a cent per gallon while fuel oils show mixed ranges.
MENTIONED IN THIS ARTICLE
Tulsa
Oklo
U.P
Oklahoma
U. S
North Texas
Cotton market closes steady amid dull day
Spot cotton closed dull and unchanged in New Orleans with little sales. Prices ranged from low ordinary to good middling, receipts 4,504 and stock 605,524. AVERAGE MIDDLING at 10.70 cents. cottonseed feed quotes listed for Fort Worth mills and Dow Jones averages closed higher.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston
New York
Oil Production Takes Increase Across United States
Daily average oil production rose by 10 066 barrels to 3 818 998 barrels per day as reported by the Oil and Gas Journal. Most Mid Continent fields gained except Oklahoma with 472 wells 52 gasers and 121 dry holes in the field. Texas Illinois Kansas Oklahoma Louisiana Arkansas totals by state noted. A separate item urges a large U S armed force and air force at a newspaper convention.
MENTIONED IN THIS ARTICLE
Tulsa
Oklo
U.P
United States
The
Oil and Gas Journal
Mid-Continent
Oklahoma
Texas
Ilinois
Kansas
Louisiana
Arkansas
Oklahoma City
Seminole Field
Remainders State
Okama
Fast Texas
West Texas
North Central Texas
Texas Panhandle
Hal
East Central
Gulf Coast
Southwest Texas
California
Mississippi
Michigan
New Mexico
Rocky Mountain Area
Dalhart Tot Dies After 26 Days Unconscious
Peggy Jean Dillehay four year old daughter of Mr and Mrs Peck Dillehay and granddaughter of Mr and Mrs M S Dillehay of Dalhart died in Denver after 26 days of unconsciousness at Children's Hospital. She collapsed in a Dalhart store two months earlier and later fell ill after a dog bite incident. doctors failed to diagnose her illness. Funeral rites pending.
MENTIONED IN THIS ARTICLE
Dalhart
Peggy Jean Dillehay
Peggy
Amarillo
Denver
All Producers Are Not Producers in Texas Gas Law
Atty. Gen. Mann says gas producers are not liable for gross production tax if they give gas to the state prison system without charge. If royalties must be paid to owners, the gas is treated as sold and the producer owes taxes.
MENTIONED IN THIS ARTICLE
Austin
Atty
Gerald C. Mann
Oil field seeks higher well allowables in Henderson County
Operators of the Rowe and Baker field in Henderson County asked the railroad commission for increased well allowables today citing rising demand for fuel oil. In testimony the two wells with a 38 barrel daily allowable produced a low grade crude with little market until recently but could be refined into a fair grade of fuel oil.
MENTIONED IN THIS ARTICLE
Austin
Rowe and Baker
Henderson County
Railroad Commission
Nebraska Boy Builds Tank on Tractor
In Scottsbluff Nebraska a 16 year old youth practiced with a tractor inspired by tank warfare. The machine balked and rolled into Henry Holt's front yard flattening a 12 foot elm tree and crashing into a porch.
Testimony Heard In Water Injection Case In Texas
Railroad commission engineers heard testimony from Ohio Oil Company reps on converting an East Texas well to salt water injection in Woodbine sand. A hearing on Rockland pool field rules was postponed. June 27 hearing set for Boyle field special rules in Starr County and proration units in Magnet field Wharton County. June 22 testimony planned for Tidewater Associated Oil Co to complete Shaw and Corn No 12 in Long Lake and Ware No 15 in Cayuga fields. Also a hearing on whether area around Grisham No 1 in Ector County should be a separate pool with special field rules.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Ohio Oil Company
East Texas
Woodbine
Rockland Pool
Boyle
Starr County
Magnet
Wharton County
Commission
Tidewater Associated Oil Company
Daniel Parker
Long Lake
G. W. Ware
Thomas Bristow
Cayuga Field
M. A. Grisham
R. B. Cowden
Ector County
British mercantile tonnage losses for week end June 9
London reports total British mercantile tonnage lost during the week ended June 9 reaching 45 936 tons. Of this total 4 400 tons were lost in operations off the French Channel ports according to official announcement today.
MENTIONED IN THIS ARTICLE
London
Houston to be Shell headquarters in Texas move
Shell Oil Company announces a shift of exploration and production management east of the Rockies to Houston this fall as its new operating headquarters, with company pipes line division keeping its Houston office. St Louis and New York will host the head offices in different phases.
MENTIONED IN THIS ARTICLE
Houston
Shell Oil Company, Inc
Rocky Mountains
St. Louis
New York
Shell Pipe Line Corporation
Shell
Southwest
Texas
Sinking of Tanker Italia Confirmed Near Port Arthur
Texaco marine officials confirmed the sinking of the Italia, a 14,000 ton tanker sailing May 21 from Port Arthur to Europe. Earlier reports said the vessel was bombed June 14 off England and sank with 19 crew missing. Italia, a sister ship to Skandanavia, was launched in Hamburg a year ago and measured 525 feet with 115000 barrels capacity.
MENTIONED IN THIS ARTICLE
Texaco Marine
Texas Company of Norway
Port Arthur
Foeece
England
Hamburg
Four Dalhart Men Paint Four Houses Fast
During Dalhart Cleanup Week four Rock Island men Henry Davis T. N. Wilcoxson W. R. Baxley and Marvin Enfield solved a scheduling problem by repainting one house at a time. They worked about two and a half hours per house and completed all four exteriors within the period.
MENTIONED IN THIS ARTICLE
Dalhart
Rock Island
Henry Davis
T. N. Wilcoxson
W. R. Baxley
Marvin Enfield
Insurance Commissioners Asked To Clarify Sabotage
In Austin on June 18 U P reports Texas insurance commissioners were asked to address sabotage and clarify regulations for such losses. R B Cousins warned sabotage may need a separate clause outside vandalism, while calls were made to create an earthquake insurance fund and to cut windstorm contents rates by 50 percent. Ralph Soape urged broad rate reductions noting Texas premiums remain well above national levels.
MENTIONED IN THIS ARTICLE
Austin
U.P
Texas Insurance Commissioners
R. B. Cousins
Texas Association of Insurance Agents
Cousins
Ralph Soape
Insurance Buyers Association
Dallas
Texas
Ticket to Hollywood continues with a risky plan
In this serial episode Francie agrees to help her Aunt Hal secure a Hollywood ticket. Aunt Hal convinces her that John and Gusty can be influenced, promising a passage to stardom and a life away from men. Francie, lured by dreamlike imagery, pledges to obtain the ticket.
MENTIONED IN THIS ARTICLE
Francie
Aunt Hal
Pops
Hel
Hollywood
John
Jerry Finney
Radio Program Schedule for KGNC and KFD Highlights
A detailed Wednesday schedule lists KGNC and KFD programs with NBC and TSN affiliations. It covers 6:00 AM to 12:00 AM, featuring news, music, dramas, talk shows, and orchestras, including The Guiding Light, Kate Hopkins, and Fred Allen shows.
MENTIONED IN THIS ARTICLE
KGNC
Sky Pilot
Rise
Farm News
Breakfast Club of the Air
NBC
Nanoy Orchestra
Panhandle Aund Almanac
Leonard Rhythm Parade
Dell Leonard Orchestra
James L. Gordon
Dr. Malone
David Harum
the Guiding Light
Kate Hopkins
Angel of Mercy
Portia Blake
Life
Seear DE Farm
Home Hour
Arnold Grimm
H. V. Kaltenborn
Jerry Sears
Redding
Four Squires
Ma Perkins
Pepper Young
Vic and Sade
Sam
Stella Dallas
Lorenzo Jones
Young Widder Brown
Prankie Masters Orchestra
Charles Sears
Lil Abner
Gus Steck
NYA
Paul Douglas
Vesta O'Dell
Vic Arden
Town Crier
Amarillo
Curtis Douglas
Fred Allen
Kay Kyser
College of Musical Knowledge
Jerry Sadler
Fred Waring
Sports Review
Earl Hines
Woody Herman
Jan Savitt
Nbc-Wz News
Cbs-Wabe
Cbs-Midwest News
Mbs-Chain
Edwin C
Nbe
Chain Dancing Music Orchestra
Paul Sullivan
Cbs
Wabe
Mbs
F. Waring
Amos
Andy
Fulton Lewis, Jr
Nbc-Weat
Mr. Keen
Lanny Ross
Chs
Cbs-Weat
Mbs-Net
Kyw
Wb2
Wmal Dancing Music
Red
Whn
Dancing Music Orchestra
Wiz Burns and Allen
J. Hersholt
Christian
Elmer Davis
Wis Theater of Stars
Maj. Nason
Wor
Roy Shield
Wis Canada
Nbc-Wear
Frank Black
Glenn Miller & Orchestra
Raymond G. Swing
Ebs-Wabe News
Paris
Mbs-Wor
Nbr-Wit
Obs-Wabe
Nbe-Wear
Red-West
Nbc-Wls News
Cbbs-Wande-East
Amos and
West Dance Music Orchestra
Chains
A. Mitchell
Mbs-Weat
Ed Hill
cbs-Dix
Dancing Music Orch
Weaf
Also Mentioned on This Page
N. J
Texas Corp
Loew's
Anaconda
Douglas Aircraft
Boeing
vOlenn Martin
Westinghouse
Itman Kodak
Jones & Laughlin
N. J. Zine
Pennsylvania-Central Air Lines
Mpftal
Conn Valley
East St. Loui
East St. Louis
Cash Grain
al Chem & Ne
Am M & Fay
At&t
L&s
At& SF
Atl Refining
Aviation Corp Sly Su
Curtiss Wright
el Power & Lt
Freeport Sylph
Gen Elecetiteee Ori
Gen Foods
Hydro el
J— Johns Manville
Stig
K— Kennecott Cop
Yorkheed Aire
tSaeeeee
Lorillard Osae
Vahiiens
Marshall Field
Ai Entgom Ward
N— Nash Kelvinator
Nat Biscuit
Nat Dairy Pr
Nat Distillers
Nat Pow & Lite
Nor Amer Co
Nor Pac
Sty of
Ohio
Abesign
Pac Gas & EL
Packard
Pan Am Airways
Panhandle P&r
Fenney Ethsceuss al Bolg al Fenn RR
Bane
Phelps Dodge
Phillips Pet
Plymouth Oil
Pub Soc N J
Pullman Eee Vv
KO Ae Ie
Rand
Repub Steel
Beaboard Oil
Stone & Webster
Ta Hs
Studebaker
TM —T
Tex Corp
Tex Gulf Sylph_ Tex Pac C & O
Tide Wat A
Trans & West Air
Union Carbide
Union Oil Car
United
CURB
U. S. Steel
Republic Steel
NY Central
Gen Motors
East Air Lines
Beth Steel
U S. Rubber
Air Air
Pap & P
Int Tel & Tel
Associated Ban Rune
Weather Data
U. 8
Treasury
City
Abilene
Tex
Alpine
HOLC
Carrizozo
N. M
Cheyenne
Wyo
Cincinnati
Clayton
Corpus Christi
del Rio
Colo.sane
Des Moines
Dodge City
Kan
Edmonton
Can
Elk City
Okla
Paso
Aureka
Cal Wees
Minnedosa
Utah
Modena
Mogollon
Montgomery
Ala
Nashville
Chicago Livestock
Plymouth Rock Springs
White Rock Springs
Plymouth Rock
White Rock
Western Feeders Supply Company
Texas Mills
DOW Jones
Fenner & Beane
Crown Block Field Developments
Julius Ochs Adler
New York Times
National Editorial Association
Dillehay
Nebraska
KFDA
Shell Headquarters
Ernest O. Thompson
Old Sue
Sunny Brook
Kentucky
Brook
Lesage Company
Amarillo, Texas
Fey
Witiskey
W. H. Pears
NEA Service. Inc
KFD
TSN
Rhythm Ranch Boys
Monitor News
Morning Melodies
Sam's Club of the Air
Gal
Carol Leighton
Baylor University
News
Fulton Lewis
Jones Drive
San Jacinto Boosters
Leachman Trio
Eddy Dunsmoor
Orch
Dance Orch
Chuck Foster
Phil Harris
Jan Garber
the O'Neills
Nbc-Weaf
Bud Barton
S-East
Scattergood Raines
East
Li'l Abner
the Globe News
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