Stock Market Rally Fails To Close Gap May 21 1940
The New York market tried for a strong rally but finished near flat with the Associated Press average at 40.6 up 0.2. Volume lagged, with 1,237,780 shares traded. Steels weakened late while aircrafts slipped. gains came from General Motors, Sears Roebuck, Woolworth, Western Union, American Smelting, DuPont, Santa Fe, and Northern Pacific. Losers included Westinghouse, Montgomery Ward, Dow Chemical, Allied Chemical, Philip Morris, and Standard Oil of New Jersey. Turnover around 234,000 in New York curb trades.
MENTIONED IN THIS ARTICLE
Associated Press
Steels
U. S. Steel
0. S. Steel
Bethlehem
Republic
Youngstown
Douglas
United
Boeing
Glenn Martin
Sperry
Curtiss-Wright
General Motors
Sears Roebuck
Woolworth
Western Unit
American Smelting
du Oe Sevan Telephone
Santa Fe Anear Northern
Westinghouse
Montgomery Ward
Dow Chemical
Allied Chemical
Philip Morris
Standard Oil
N. J
E. W. Bliss
Jones & Laughlin, Mead, Johnson
Electric Bond & Share
Hammermill Paper
Niles
Bement Pond
Humble Oil
Puget Sound Pulp
Chesebrough
American Cyanamid
New York
Curtis Wright
Lockheed Aire
Beth Steel
Republic Steel
North Amer Aviat
Cent Motors
C&o
Tex Pac L
Trans & West Air
U Union Carbies
Union Oil Cal
United Aircraft
United Carbon
United Corp
United Drug
Imp
US Rubber
US Steel Ovacate
Walgreen
Warner Bros
U_ Tel
Y West el & Mfg
White Met
Wilson & Co
Am Gas & el
Ark Nat Gas A
Gell Bath Iron Works
Aire
Bellanca Aire
Bridgeport
Eagle Picker
Bond & Share
Gulf Oil
Humble Oi
Lone Star Gas
Ning Hud Power
Aly Okla
Nat Gas
Red Bank Oi
Todd Shipyards
United Gas
Ind. Rails
U.S
Wheat Market Sees Gains After Price Collapse Rebound
Chicago May 20 Wheat gains rise up to eight cents as government price supports and a new loan rate bolster sentiment. Corn and oats advance while flour trade expands. cash markets show no immediate cash wheat sales, with regional bids listed for various classes and grades.
MENTIONED IN THIS ARTICLE
Chicago
Fort Worth
Kansas City
Closing New York Stocks
New York stocks closed on May 20 with modest gains as trading activity eased after morning volatility. Major industrials and rail shares helped lift the market while utilities were mixed and a handful of issues saw fractional moves.
Market Highlights Mixed As Stocks Steady Early Rally Fades
New York stock activity remained steady with an early rally faltering. Bond markets showed improvement and foreign issues held steady. Sterling rose, cotton firmed on buying, sugar mixed amid selling and buying, metals steady, wool tops higher. Chicago wheat gained 65 cents, corn up 4 to 4 higher. Cattle down modestly, hogs down 25 to 35 cents with top at 5.90.
MENTIONED IN THIS ARTICLE
New York
Chicago
Cattle Market Slumps as Receipts Mixed Across Regions
Cattle and hog prices eased across major Western markets led by Kansas City Chicago and Fort Worth. Hogs top 5.60 while cattle and calves moved slowly with bids down 25 to 50 cents, stockers steady to higher in parts. Sheep markets showed steady spring lambs with limited competition.
MENTIONED IN THIS ARTICLE
Kansas City
UPI
Texas Clippers
Fort Worth
Port Worth
USDA
Denver Livestock
Denver
Cattie
Oklahoma City
Dow Jones Averages Inch Up in Mixed Session
The industrials at 30 with no change and rails up 0.33 point lead a mixed market. Utilities rise 0.29, while 5 stocks gain 0.17 as volume reaches 1,240,000 shares.
MENTIONED IN THIS ARTICLE
DOW Jones
Fenner & Beane
Mexico pays first installment in expropriation settlement
Ambassador Francisco Najera delivered a one million dollar check to Col. Patrick J. Hurley for the Consoli dated Oil Corp as the initial payment in settling expropriated properties of the Sinclair oil group. M J Gosney and Jerome Heff attended the ceremony.
MENTIONED IN THIS ARTICLE
Mexico
Washington
Uu.p
Francisco Najera
Patrick J. Hurley
Consolidated Oil Corp
Sinclair Oil Group
Consolidated Corporation
M. J. Gosney
Consolidated Oil Corporation
Najera
Jerome Heff
Cotton Reverses Course as Prices Jump in New York Rally
Cotton futures surged in New York and New Orleans on May 20 as markets reversed last week’s decline. Analysts cited wheat price supports, a Liverpool trading halt, and hopes for a new cotton loan while foreign selling eased. Spot prices in New Orleans and Galveston closed higher, with middling values and receipts noted across major markets.
MENTIONED IN THIS ARTICLE
New York
Chicago
Liverpool
New Orleans
Galveston
Oil Market Summary in Midcontinent Refineries
Tulsa May 20 report notes export buying remains elusive and market steady versus prior days. Prices for refined products follow group 3 Oklahoma tank car quotes at f.o.b. refineries with cents per gallon figures for gasoline kerosene gas oil and fuel oil across grades and tests, showing little change from Saturday and a week earlier.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Bugaboo
F.o.b
Oklahoma
U.S
Wyaup Okla
North Texas
Texas Oil Proration Plan Borrowed From June Demand
The federal bureau of mines pegs June Texas oil demand at 1,344,600 barrels daily, 400 more than May. Ernest O. Thompson of the railroad commission says a June allowable of 1,321,477 barrels daily would cut 22,723 below the bureau estimate as the commission opens its statewide proration hearing. Texas production is reported at 1,426,258 barrels daily.
MENTIONED IN THIS ARTICLE
Austin
Federal Bureau of Mines
Texas
Ernest O. Thompson
Railroad Commission
Thompson
Federal Bureau
Commission
Humble Declares Dividend For July Payout
Humble Oil and Refining Company announced a quarterly dividend of 37 12 cents per share payable July 1 to stockholders of record June 1. The American aviation industry produced 3715 civil units in 1939 versus 1843 in 1938.
MENTIONED IN THIS ARTICLE
Houston
Humble Oil and Refining Company
Oilmen Vote to Reject Texas Oil Shipments to Axis
At a statewide proration hearing in Austin on May 20 oilmen endorsed Roosevelt defense policy then amended to oppose selling Texas oil to Germany and Italy. The group dropped the telegram plan, arguing neutrality restrictions prevent shipments, while criticizing the railroad commission for loose orders and urging a 90 day oil order to reduce production.
MENTIONED IN THIS ARTICLE
Austin
Roosevelt
Texas
Germany
Italy
United States
Jerry Sadler
State Railroad Commission
Ernest O. Thompson
Railroad Commission
Interstate Compact Commission
Congress
Lon A. Smith
Commission
Sadler
Ickes
Charles F. Roeser
Fort Worth
U. S.bureau of Mines
Ray Johnson
Panhandle Producers Association
Oil Exceptions Made By Texas Railroad Commission
The Texas Railroad Commission oil and gas division issued an order allowing exceptions to tank cleaning rules to address hardships in certain old fields. It states enforcement will not be relaxed generally, only for specific cases where disclosing the source of the oil is impossible.
MENTIONED IN THIS ARTICLE
Austin
UPI
Oil and Gas Division
The
Texas Railroad Commission
Texas Railroad Commission Abandons 90 day Oil Plan
The Texas Railroad Commission dropped a 90 day oil production order for June to August and approved a 30 day limit instead. The decision followed industry demand for a shorter term amid unsettled overseas conditions. The Bureau of Mines estimated Texas oil demand at 1,344,800 barrels daily in June.
MENTIONED IN THIS ARTICLE
Austin
U.P
Texas Railroad Commission
Commission
Lon A Smith
Federal Bureau of Mines
Texas
Texas Commission
Mediterranean
Conroe
Buffalo Lake To Have Weekly Dances
Buffalo Lake organizers announce weekly dances on Saturdays and Sundays with a kickoff brick night on Tuesday May 28. Concessionaire Jim Golding said bricks admitted will fund Panhandle Plains Historical Museum building program, donation to start the event.
MENTIONED IN THIS ARTICLE
Buffalo Lake
Jim Golding
Radio Program Schedule Highlights For KGNC And KFDA
Radio listings show KGNC and KFDA daytime and nighttime lineups with NBC shows such as Farm News The Guiding Light and Pepper Youngs Family plus orchestras and serials. The schedules cover morning afternoon and evening blocks detailing programs including News Sign Off and To Be Announced slots with many NBC affiliations.
MENTIONED IN THIS ARTICLE
Sky
The
Plainsmen
Breakfast Club of the Air
NBC
Leonard
Joe Rines
Jerry Sears
Dr. Malone
David Harum
Dell Leonard
Kitchen Magic
the Guiding Light
Kate Hopkins
Angel of Mercy
Portia Blake
Life
Eee Farm
Home Hour
Hymns of All Churches
Arnold Grimm
Redding
Morris Spicer
Wilson Ames
Ma Perkins
Pepper Young
Vic and Sade
Sam
Stella Dallas
Lorenzo Jones
Widder Brown
Kitty Keene
Johannie Johnson
Li'l Abner
Malcolm Claire
Tito
Yvette
Roecky Gordon
Charlie
Aldrich Family
Pat O'Gold
Sli
Legion of Safety
Williamson Sisters
Bob Hope
NBC A
R.ad
Waring
Bernie Cummins
Bobby Byrne
Sparta
Woody Herman
Colony Club Orchestra
TSN
Rhythm Ranch Boys
Monitor
Woman's Club
Gal
Witfe
Carol Leighton
Amarillo
Fulton Lewis
MBS
Victor Lusanchi
Bulebins
Raymond Gram
MRBS
Rogerio Garcia
Orch
Jack McClean
Ted Weem
Bill McCunes
Church of God @ Christ
Andy Jona
Hawkians
Chuck Foster
Melody Weavers
Cbs-Midweat
John Agnew
Mbs-Chain
Edwin C. Hill
Cbs-Wabe
Ed East
Weat
Abe
Red Bill Stern
Wj2
Nan Wynn
Nbe
Weaf Dancing Music
Nbhc-Weat-East
Fasy Aces
Amos & Andy
Cbs-Wabe-Rast
Cbs-Chain-West
Fulton Lewis, Jr
Mbs-Chaine ‘5
Nbe-Chain
Mr. Keen
Wis
Lanny Ross
Paul Sullivan
Mbs-Wor
New York
Frank Novak
Wjs
Washington
Chs
Wabe
Arthur Hale
Sam Baker
Mbs-Weal
Johnny
Aldrich
Ned Jordan
Horace Heid
Nbc-Weat
Court of Missing Heirs
Dancing Music Orchestra
Elmer Davis
Cbs-Weat
Nhe-Weaf
Roy Shield
Nhe
Glenn Miller & Orches
Raymond G
Swing
Chs-Wabe
Mbhs
Wor
Walt Doghouse
Nbc-Weaf
Nbe-Wls
Mabs-Net
Fred Warine
Wle
Amos
echs-Dex
Danece
Cbhs
Mba
J. Fidler
Also Mentioned on This Page
Frederick Gardner
Rails Inds
Fenese
Ee Stock
Allis
M & Fady
At&t
ArasPr
Atl Refining
Ont Aviat Corp
Barnsdall of
Bendix Aviat Fig
BAS Borden Ll
Calumet & Hec
Case
Douglas Alicraft
Gen Foods
Goodrich
Goodyear
Phouston Oil
Howe Sound
Hudson
Hupp
Int Harvester
Hydro Fl
Int & Ft
Johns Manville
Kennecott Cop
Loew
Lorillard
Marshall Field
Mid Cent Pet
MKT
Montgom Ward
Natash _kelvinator
Nat Dairy Pr
Nat Distillers
Nat Pow & Lt
Nor Amer Co Pry
Nor Pac
Ohio
Packard Met
Pan Am Airway
Panhandle P&r
Penney
Penn RR
Pet Corp P
Phelps Dodee
Phillips Pet
Plymouth Oil
Pub
Sve NJ
Pullman
Pure Oil SA
RCA
RKO
Rem Rand
Fim
Repub Steel
Eboard Oil
Mee Magbuck
Servel
Ar Simmons
My Simms Pet
Orony Vac
D Brand
O al
Stan Oil Ind
Stewart
Warn
Stone & Web
Stedebaker
Chicago Livestock
Plymouth Rock Springs
White Rock
Plymouth Rock
NEW York Metals
Valley
East St. Louis
Pennsylvania
Buffalo
Alabama
Sudan
Western Feeders Supply Company
Texas Mills
Humble
Crown Block Field Developments
Hien
Maston Nixon
Southern Minerals Corporation
Corpus Christit
Hines Baker
Humble Oil & Refining Co
Nixon
Louisiana
H. A
Panhandle
R. A. Brown CO
Oliver Eakle Bidg
News-Globe
ATH da Pry West Price
Studebaker
Reene
Gilmore- Yosemite
C.I.T
Crain Motor Company
Studebaker Distributors
Taylor Street
Amarillo, Texas
Roaring Springs — Swim Motor Co
Pampa
Studebaker Champions
KGNC
KFDA
Reveille
Jack Arstrong
Nbe-Weaf
Nbe-Red-Westreene Wicker
Wjz
Dbs-Chain
the O
Nhbe-Weal
Bud Barton
Nbs
V. Johnston
Nhe-Blue
Scattergood Raines
Woz
East
Abner
Nhe-Wear
Globe News
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!