Market retreat as Nazi collapse nears spurs cautious trade
New York trading paused with a orderly retreat as Allied advances in Germany suggested imminent Nazi collapse. Volume ran 459000 shares, 445 issues down versus 291 up or flat. Prominent losses listed include Bethlehem, Chrysler, Kodak, and Douglas Aircraft amid a week that saw the Dow drift lower.
MENTIONED IN THIS ARTICLE
New York
Germany
Associated Press
Bethlehem
Chrysler
Santa Fe
Great Northern Atlantic Coast Line
Delaware & Hudson
Goodyear
Douglas Aircraft
Grumman Aircraft
Westinghouse International Telephone
American Smelting
Skelly Oil
Standard Oil (Nj
United Air Lines
Johns Manville
Eastman Kodak
Consolidated Edison
Wooloe Studebaker
Plymouth
Raytheon
American Cyanamid
Creole Petroleum
United Light
American Maracaibo
North American Light
Traders Stay Shelved As War News Supports Cautious Trade
In New York and Galveston on March 24, cotton traders reduced activity as European war developments favored a cautious market. Prices eased slightly with spot closing nominal in Galveston and futures showing small declines amid light hedge offerings and buyer indifference.
MENTIONED IN THIS ARTICLE
New York
Average middling cotton prices across southern markets
On March 24 the average middling 15-1/2 inch cotton price at 19 designated southern markets stood at 21.71 cents, down 0.06 cent from the previous report.
MENTIONED IN THIS ARTICLE
New Orleans
Amer Tel
Armour & Co Ovens
Aviation Corp
Baldwin Locomotive
Bendix Aviation Ates
Bethlehem Steel
Borden See Eee
Braniff Ee
Burroughs
Chrysler
Choodyear Silly
International Harvester
Tis Int
Telee Ee
Kennecott
Lockheeee
Long-Bell
Glenn L Martin
Gullf Oluss
Midcontinent Petroleum
Montgomery Warpereee
Nash Kelvinator
National Biscuit
National Can
Y Shipbuilding
A Central Railway
North American Avia
Ohio Olseas
Packard
Pan American Airways
Paramount Csevee
Pennsylvania R R Tae
Phillips
Tees
Northern Pacific
Pure Ou Cee
Radio Corp Steeeee
Republic Btees
Shamrock Oil & Gasa
Sears Sreereeenes
Shell Union Oil
Socony Vacuum
Southern Pacific Ee
Standard Brands
Standard Oil Indiana
Standard Oil
New Jersey
Studebaker
Ceeesevewraseae Spiegel, Inc
t+ eeeewewee
Chicago Produce Report March 24
Chicago, March 24. Receipts nominally unchanged with totals 21,473 cases. Extras 1-10, standards 343-10, dirties aa'g.
MENTIONED IN THIS ARTICLE
Chicago
Labor Draft Compromise Approved By Conference Committee
A joint Senate House conference committee approved a compromise manpower control bill. It imposes identical penalties for employers and workers who violate rules, grants James Byrnes power to set employment ceilings, and to regulate hiring and rehiring to aid war needs. The measure may be sent to the House early next week for final approval.
MENTIONED IN THIS ARTICLE
Washington
House
Joint Conference Committee of
James F. Byrnes
May Democrat
Kentucky
Senate
Tiny Crow of Tulia Killed in World War II
Tiny Crow, 23, son of Mr. and Mrs. Homer Crow of Tulia, is reported dead by the Navy after being missing since Feb 27, 1944. He served as aviation radioman third class on an anti submarine patrol plane from a Dunkeswell base in England, and was born in Tulsa.
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Tulia
Tiny Crow
Homer Crow
Navy Department
Dunkeswell
England
United Kingdom
Tulsa
Tiny
Naval Reserve
States
Markets at a Glance New York March 24
Markets at a Glance reports stocks lower due to war news and light selling. Bond market irregular with rails loans declining. Cotton shows liquidation pressure from commission houses. Chicago wheat falls sharply on favorable war news and liquidation. Corn and rye weaken with war news for rye. Hogs steady with top around 14.75. Cattle holding steady.
MENTIONED IN THIS ARTICLE
New York
Commission House
Chicago
Dow Jones Closing Averages Slide Across Market
The Dow Jones Industrial Average closed at 154.36, down 1.09 points. The broader market showed mixed results with the composite at 51.00, down 0.74, and utilities at 27.52, down 0.08.
MENTIONED IN THIS ARTICLE
DOW Jones
Comet Ees
Utilities
Grain Prices Dip Sharply Across Markets
Chicago led the turn as liquidation boosted selling in wheat and rye. May futures fell to 1.68 for wheat and 1.16 for rye, with oats, barley, and corn also down. Cash grain quotes showed No. 2 hard wheat around 1.75 to 1.70, and Kansas City prices drifted lower across cereals.
MENTIONED IN THIS ARTICLE
Chicago
Dee
Fort Worth Cash Grain Prices March 24
Fort Worth grain values list Wheat No 1 hard by protein and billing at 1.75 to 1.83 per 100 pounds Barley No 2 at 1.20 to 1.22 per 100 pounds Sorghums No 2 yellow milo or No 2 white kafir at 2.15 to 2.20 per 100 pounds
MENTIONED IN THIS ARTICLE
Fort Worth
Grains Prices Stand on Mixed Futures Marks
Market notes show corn bids for No 2 white at 1.465 to 1.479 and No 2 yellow from 1.3145 to 1.321. Oats for No 3 red range 90 to 92.
Slaughter Cattle Steady to Higher Across Markets
Slaughter steers and heifers steady while bulls rise 25 to 50 cents. Kansas City and Fort Worth reports show calves and stocker calves holding or increasing values with strong demand for good beef steers and yearlings. Hog salable and total near steady, lambs and sheep mixed with top lambs to shippers around 16.50 and 16.40 to packers, bulk prices varied by weight and grade.
MENTIONED IN THIS ARTICLE
Kansas City
U.P
WFA
Fort Worth
Mrs. Mary Louise McCleskey Funeral Services Held
Funeral services for Mrs. Mary Louise McCleskey aged 82 were held in Plainview with Rev T Edgar Neal and Rev R R Gilbreath officiating. She died Friday morning at the home of her daughter Mrs Emma Jean Smith, where she had lived for five years. Born September 15, 1862 in Hood County Texas, she moved to Plainview 17 years ago from New Mexico and was a member of the Methodist church. Survivors include her daughter, two sons Rev A A McCleskey Eunice New Mexico and M O McCleskey Floyd New Mexico, along with several grandchildren great grandchildren and one great great grandchild.
MENTIONED IN THIS ARTICLE
Plainview
Mary Louise McCleskey
T. Edgar Neal
Plainview First Methodist Church
R. R. Gilbreath
M. W. Lemons
McCleskey
Emma Jean Smith
Memphis Corporal Lindsey Wounded in Pacific Action
Cpl. Robert H. Lindsey of Memphis, after battles at Bougainville and Guam without a wound, was recently wounded in action with the Ninth Marines somewhere in the Pacific. He writes his parents he received shrapnel in his left arm and says readers can deduce the location from papers. His brother, Sgt Gene Lindsey, a B-29 gunner in Italy, awaits transport home for furlough.
MENTIONED IN THIS ARTICLE
Memphis
Bougainville
Guam
Robert H. Lindsey
Ninth Marines
Pacific
H. H. Lindsey
Gene Lindsey
Italy
Panhandle Breeders Buy Registered Jersey Sires
Two Panhandle jersey breeders acquire registered sires to bolster herds. J. G. Dawse of Amarillo buys Roseboy Dreamer Design and Clyde Elmo Israel of Bushland buys Wexford Noble Plufty. Ownership registrations filed with the American Jersey Cattle Club.
MENTIONED IN THIS ARTICLE
Panhandle
Jersey
J. G. Dawse
Amarillo
Roseboy Dreamer Design
Clyde Elmo Israel
Bushland
Wexford Noble Plufty
American Jersey Cattle Club
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Universal Concrete Pipe
3Rd Street
Merrill Lynch
Pierce, Fenner & Beane
Allied Finance Co
Amicable Life Ins
Arkansas Western Gas
Baker Hotel Co
Cabell's, Inc
Dallas Power & Light
Dallas Railway & Terms
Dr. Pepper Employers Casualty Co
Fidelity Union Life Ins
Galveston-Houston
Great Southern Life Ins
Gulf Insurance A. Harris & Co
Huey & Philp Hardware Co
Longhorn Portland Cement Co
Murray Co
Neiman-Marcus Co
North Texas Co
Pool Mfg. Co
Republic Insurance Co
Southern Aircraft
Southland Life Ins
Southern Union Gas
Southwestern Drug
Southwestern Life Ins
Texas Electric Service
Texas Power & Light
Texas Textile Mills
Tex-O-Kan Flour Mills
Trinity Universal Ins
United Fidelity Life Ins
West Texas Utilities Ptd
Mercantile Bank
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Fort Worth Livestock
Globe News
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Pierce
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Lloyd Otten
W. 12Th
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Fillmore
McCormick-Deering
Graham-Hoeme
Graham-Hoeme Mfg. Co
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M Reddy
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Tric Homes