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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
May 17, 1948
Page
2
The column notes recent scattered rain offering hope for the wheat crop in the Panhandle. It cites Mr Tack forecasting timely rain within a critical 10 day window, recalls past dry spells, and urges readers to protect families by paying doctors, lawyers, and other debts while discussing garden lessons and straw hat week.
The article argues futures markets provide a place to trade risk and compare them to fire insurance and Lloyds. It emphasizes that exchanges do not trade, set rules, or spread gambling, and urges open markets with cautious, informed government control. Investors sustain market continuity and finance crop movement.
News wires recount official hints of multiple tests at Eniwetok proving ground and the Atomic Energy Commission stating more statements may come from Truman and Lt Gen Hull. A separate report notes the U N General Assembly debate over world atomic control with a majority backing American plans, and the Joint Congressional Atomic Energy Committee approving a two year extension for commissioners over President Truman’s objections.
Merrill Lynch Pierc Fenner Beane provide closing figures with gains for railroads and select industrials while others slip. Notable movers include United and Grumman, with grain prices listed for Chicago futures and Kansas City livestock briefly noted amid a broad market snapshot.
Mrs. Myers longtime Amarillo resident dies at 78. Funeral 4 pm tomorrow at St Andrew s Episcopal Church with Rev. GalenOntstad officiating. Pallbearers include J B Brisrole, Leonard Gunderson, R C Martini, O H Gosch, R F Pixley, Thornton Blanchard. Burial Llano Cemetery. Survived by husband F L Myers three daughters six grandchildren one great grandchild. Blackburn Shaw Funeral Home directs. Weather notes follow about rain in area and forecast highs 92 tomorrow.
Jim Brown was elected president of the Amarillo Junior Chamber of Commerce at today noon ceremony. Other officers chosen were Ray Richards Dan Higgins Dr R H Miller Jr as vice president Howard Percy son as secretary and Walter Shaler as treasurer. Charles Woodburn named the new state director.
Freddy Jean Hale, 17, of 317 Virginia, remained unconscious at St. Anthony's Hospital this morning after being injured in a car wreck last Friday at Twenty sixth and Osage. Police say the condition is improving though she has not regained consciousness. The driver of the overturned car, Don Blackburn, 16, of 4244 West Thirteenth, was the other involved party.
Rainfall ranged from a half to three quarters of an inch across the Panhandle to Clovis area with readings from Dalhart 24 and Hereford 0.45 inches. Other towns such as Miami 0.90, Shamrock 0.29, Pampa 0.14, and Clovis 0.25 inches noted. Vera and Glenrio NM on Rock Island reported about 0.50 inches.
Charles Brown and Louise Brown, both Negroes, were treated at St Anthony's Hospital after a car driven by Brown struck the center pier of the East Tenth Street underpass around midnight. Police reported the accident occurred near the underpass.
North of the Holy City reporters note Israel’s Moshe Shertok says in remarks on the conflict that Israel is not at war with the Arab states. The foreign minister’s reply counters lingering questions about the nation’s military status amid ongoing hostilities.
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