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Amarillo Globe in Amarillo, Texas

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Amarillo Globe

Location

Amarillo, Texas, United States of America

Date

Jun 19, 1940

Page

33

Prices Manage To Show Gains In Mixed Stock Session

New York traders kept commitments light amid war worry though the overall trend favored higher prices. The Associated Press index rose about two tenths, with Oil shares softening on potential cutbacks in overseas shipments and aircrafts lagging as a Navy contract profits measure moved through a Senate committee. Several major stocks rose modestly while others held steady or slipped. Copper and zinc showed steadiness in metal markets, with tin weakness and mixed commodity movements.

New York Associated Press Senate American Airlines Eastern Air Lines Allied Chemical U_ 8 Steel Bethlehem Republic Chrysler Goodrich Goodyear Sears Roebuck United Aiircraft American Telephone Western Union N. Y. Central Pennsylvania Southern Pacific Great Northern Kennecott du Pont American Smelting International Nickel

Wheat Market Ends Steady in Dull Chicago Session

Wheat futures drifted over a narrow range of about a cent and a half in dull trading, ending unchanged to a cent higher from yesterday. Prices swung early on stock gains and mixed crop notes from the southwest, then settled around 7 3/4 bushels for September. Corn rose 1/4 to 1/2 cent, with light interest and modest losses overall. rye fell slightly, and beans closed mixed. Cash grain across Chicago and Kansas City showed varied quotes with No. 2 hard and red wheat reflecting market softness, while Fort Worth posted mixed soft red and white grain levels.

Chicago Kansas City Fort Worth Cash

Markets in Brief

New York headlines report steady stocks with an early rally faltering. Bonds gain on Axis loan activity while some issues hold initial strength. Foreign exchange shows mixed movement with Nazi currencies rising and the Canadian dollar slipping. Cotton and sugar hold higher or steady amid trade activity. Metals remain steady with spot prices lower. Wool tops ease as Boston sellers pull back. Chicago wheat and corn rise with cattle firm to higher and hogs mostly down about five cents.

New York Boston Chicago

Midcontinent Market Slump blamed on surplus gasoline

Tulsa report says refiners blame excess open market gasoline for the failure of the Midcontinent motor fuel market to improve amid heavy buying. Prices show mixed movement with gasoline steady near 72 to 74 octane 444 to 475 cents per gallon and other fuels fluctuating.

Tulsa Oklo U.P Oklahoma U. S North Texas

Cattle Market Steady-Lower Across Markets

Kansas City and Chicago reports show live cattle and hogs mixed with slow sales. Prices vary by weight and class, with feeders steady to weak and calves, cows, and sheep showing broad declines or uneven movement amid heavy inventories and cautious bidding.

Kansas City Chicago U D. A Eallime EA. Lite

Cotton Market Mixed with Gains and Steady Close

New Orleans spot cotton closed steady to unchanged with low middling around 10 to 11.90 cents and receipts of 4,504. Galveston reports similar steady closes with middling near 10.60 to 11.00, while livestock markets across Oklahoma City Denver and Fort Worth show varied cattle and hog prices and modest gains in some classes.

Amarillo City Amarillo Airport Abilene Tex Alpine Boise Austin Idaho Brownsville Carrizozo N. M Cheyenne Wyo Chicago Cincinnati, Ohio Clayton, N. M. Tees Corpus Christi Dallas del Rio Denver Colo Des Moines Tatenes Dodge City Kannes Edmonton Cansae Elk City Okla el Paso Eureka, Cal Galveston Goodland Kan Havre Mont Helena Huron Jacksonville Fla Kamloops Can Kansas City Lamar Lander Little Rock Ark Los Angeles Cal Lubbock Tex Minnedosa Minneapolis-St. P .Minn Modena Utah Mogollon Montgomery Ala Nashville New Orleans Denver Livestock USDA New York Gaia

Oil Production Takes Increase

Daily U S oil production rose by 10 066 barrels to 3 818 998 last week the Oil and Gas Journal reported The Mid-Continent fields except Oklahoma showed gains with 472 oil wells 52 gas wells and 121 dry holes drilled Texas led with 168 oilers Illinois 83 Kansas 40 Oklahoma 29 Louisiana 24 and Arkansas four Also mentions compulsory military expansion proposals.

Tulsa Okla U.P United States The Oil and Gas Journal Mid-Continent Oklahoma Texas Illinois Kansas Louisiana Arkansas Oklahoma City Seminole Field Fast Texas West Texas North Central Texas Panhandle East Central Texas Gulf Coast Texas Southwest California Mississippi Tilmons 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 of Dalhart died in Denver’s Children’s Hospital after 26 days of unconsciousness following a collapse in a Dalhart store and a later illness. Doctors from across the nation failed to diagnose the rare illness. funeral rites are pending.

Dalhart Peggy Jean Dillehay Peggy Amarillo Denver

All Producers Are Not Producers in Texas Gas Law

Atty Gen Gerald C Mann ruled that gas producers who supply gas to the state prison system without charge are not producers under Texas tax law. If the prison system must account to royalty owners, the gas is treated as sold and the producing firm owes gross production tax.

Austin Atty Gerald C. Mann

Henderson County field seeks higher well allowables

Operators of the Rowe and Baker field in Henderson County ask the railroad commission for increased daily production after noting two wells with 38 barrels daily produce low grade crude with little market until recently. They claim the crude lacks gasoline and kerosene but can be refined into a fair fuel oil.

Austin Rowe and Baker Henderson County Railroad Commission

Nebraska Boy Builds Tank Like Tractor Demonstration

In Scottsbluff Nebraska a 16 year old youth tested a tractor as a tank like vehicle. The tractor balked and veered into Henry Holt's front yard, flattening a 12 foot elm tree and crashing into a porch with the impact prompting local attention.

Scottsbluff Neb Henry Holt

Testimony Heard In Water Case

Railroad commission engineers heard testimony from Ohio Oil Company representatives on converting an East Texas well to salt water injection into the Wombibine sand. Hearings set for June 27 on Boyle field rules in Starr County and irregular proration units in Magnet field Wharton County. June 22 hearings for Tidewater Associated Oil to complete Shaw and Corn No. 12 and G W Ware No. 15 wells as gas and oil wells. A hearing on M A Grisham et al No.1 pool in Ector County scheduled.

Austin Railroad Commission Ohio Oil Company East Texas Rockland Pool Boyle Starr County R. B. Cowden Ector County

British mercantile tonnage losses in week ended June 9

British mercantile tonnage lost during the week ended June 9 totaled 45,936 tons. Of the total, 4,400 tons were lost in operations off the French Channel ports, an official announcement stated today.

London

Houston to Be Shell Headquarters

Direction of all exploration and production activities of Shell Oil Company east of the Rockies will center in Houston soon. The consolidation will occur this fall when head offices move from St. Louis to New York. Shell Pipe Line Corporation will keep its Houston head office. The change reflects growing Shell business in the Southwest justifying Texas centralization.

Houston Shell Oil Company, Inc Rocky Mountains St. Louis New York Shell Pipe Line Corporation Shell Southwest Texas

Sinking of Tanker Italia Confirmed Off England

Port Arthur June 18 Texaco marine officials confirmed the sinking of the Texas Company of Norway's tanker Italia sailing from Port Arthur to European ports. Earlier reports claimed torpedoing or bombing June 14 off England with 19 men lost. Italia, sister ship to Skandanavia, launched at Hamburg a year ago, 14000 tons, 525 feet, 115000 barrels capacity.

Texaco Marine Texas Company of Norway Port Arthur England Hamburg

Four Dalhart Men Paint Houses One Evening Plan

During Dalhart's Cleanup Week four Rock Island men Henry Davis T N Wilcoxson W R Baxley and Marvin Enfield joined to repaint four stucco houses. With limited daily time they chose to tackle one house at a time and finished all four in a single evening averaging about two and a half hours per house.

Dalhart Rock Island Henry Davis T.N. Wilcoxson W. R. Baxley Marvin Enfield

Insurance Commissioners Asked To Clarify Sabotage

Texas insurance commissioners were asked to consider sabotage and clarify regulations affecting such losses. R B Cousins said sabotage is a growing hazard and may not fit standard extended coverage. suggestion to separate it from vandalism. Others urged earthquake forms and windstorm rate adjustments. national comparisons cited by Ralph Soape of Dallas.

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 via Aunt Hal's scheme

Francie agrees to help Aunt Hal secure a Hollywood ticket by manipulating Pops and Gusty. Aunt Hal inflames ambition, promising that once in Hollywood John and Gusty will comply. Francie clings to a starry plan, driven by a photo inviting her toward a glittering but uncertain future.

Francie Aunt Hal Pops Hollywood John Jerry Finney

Radio Programs on KONC and KFDA Listings for Wednesday

Radio schedule excerpts show KONC operating 2500 watts day 1000 watts night on 1410 KCE with morning to late night programs including The Sky Pilot Rise and Shine Farm News Breakfast Club NBC News Flashes Nano Radio Orchestra Panhandle and Almanac Leonard Rhythm Parade and more. Evening blocks feature The Fred Allen Show Kay Kyser Earl Hines Orchestra The Lone Ranger and news updates with NBC CBS and TSN listings across Amarillo schedule.

KONC Kce Sky Pilot Rise Farm News Breakfast Club of the Air NBC Nano Radio Orchestra Leonard Parade Dell Leonard Orchestra James L. Gordon Dr. Malone David Harum Guiding Light Kate Hopkins Angel of Mercy Portia Blake Arnold Grimm H. V. Kaltenborn Jerry Sears Redding News Squires Ma Perkins Pepper Young's Vic and Sade Sam Stella Dallas Lorenzo Jones Young Widder Brown Frankie Masters Charles Sears Li'l Abner Gus Stock NYA Paul Douglas Vesta O'Dell Vic Arden Curtis Douglas Fred Allen Kay Kyser College of Musical Knowledge Jerry Sadler Lee Waring Earl Hines Woody Herman Jan Savitt War Bulletina TSN Rhythm Ranch Boys Monitor News Morning Melodies Sam's Club of the Air Gal Carol Leighton Amarillo Steeplechase Delaware MBS Andy Iona Baylor University Fulton Lewis Jones Drive San Jacinto Beaters Leachman_ Trio Sheep and Goats Club America Sky Raymond Gram Eddy Dunsmoor Orch Dance Orch Chuck Foster Nbe Cbs-Wabe Midwest Mbs-Chain Edwin C Chain Dancing Music Orchestra Wjs Paul Sullivan Cbs Nbc-Weat Lanny Ross Cbs-Wabc Cbs-West Weaf Kyw Wmal Dancing Music Orch Nbc-Red Whn Dancing Music Orchestra Burns and Allen Sam Baker Wiw Wgen Hollywood Jayhouse Ben Bernie Lew Lehr J. Hersholt Christian Elmer Davis Nbc-Weaf Wz Theater of Stars Maj. Nason Nbc-Wenr Fred Waring Wis News Amos and Andy

Also Mentioned on This Page

NING Standard Oil N. J Texas Corp Loew's Anaconda Douglas Aircraft Boeing Glenn Martin Westinghouse Tman Kodak Jones & Laughlin N. J. Zinc Pennsylvania-Central Air Lines Aluminum of America Pantepec Bell Aircraft American Gas American Cyanamid Brewster Aero NEW York Metal Conn Valley East St. Lous East St. Louis Uw Eo Ow al Chem & Dyell Allis Ch AT &T Am Zinc Curtiss Wright Douas Aircraft el Auto Lite el Power & Lt Freeport Sylph Gen Elec Sacenes Gen Foods Gen Motors Goodrich Steenver Houston Oil Howe Sound Hudson Mot Goveseas Hupp Int Harvester Hydro Fla T&t Johns Manville Rhee Aire M—_ Marshall Field Tgom Ward Thas Nash Kelvinator Nat Dairy Pr Nat Distillers Nat Pow & Lite Nor Amer Co Nor Pac Seca Ohio Soeesese Pac Gas & el Packard Pan Am Airways Panhandle P&r Penney Saeed CA Tenons RKO I. Rem Rand Repab Steel Seaboard Oileesee Shell Union ‘Ouote Simmons Tex Corp Tex Gulf Sylph Tex Pacc &Co Trans & West Air Union Carbide Union United Aircraft United Corp Walgreen Warner Bros E WU Tel West el & Mfg Woolworth Eacea U. S. Steel Republic Steel Fast Air Lines Beth Steel Air Lines Pap & P South Ry Recs Press Tagiat Rails Eesebeusene Treasury Mar Bees Zee ' Saaar Eminence Bond Indust Saar Weather Data Minovey Biasotis NTI Rivuutt.au Tuulen Fort Worth D. A Plymouth Rock Springs White Rock Springs Plymouth Rock White Rock Eady Western Feeders Supply Company Texas Milla 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 Sunny Sunny Brook Lesage Company Amarillo, Texas Sony Boy Aerocan Sma Socrsor We W. H. Pears NEA Service, Inc the O'Neills Bud Barton Scattergood Baines Giebe
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