Wheat Jumps on New Government Loan Plan Markets Rally
Wheat futures surged as new government price support loans spurred buying. The plan offers loans at 90 percent of parity, prompting producers to store grain on farm and seek government loans rather than immediate sales. Cash grain in the Southwest mirrored gains, with corn and oats also higher amid profit-taking later in the session.
MENTIONED IN THIS ARTICLE
Erme
Southwest
Keneas City
Omaha
To & Center
Minneapolis
Texas
Oklahoma
Nebraska
West Nebraska Wildcat Hits Oil in Cheyenne County
Field reports from Wichita indicate Ohio Oil Company No 1 well in Cheyenne County's Juleburg basin swabbed 33 gravity oil at 13 barrels per hour. Drilled to 4429 feet with rising gas shows. successful completion would mark Western Nebraska’s first oil production.
MENTIONED IN THIS ARTICLE
Wichita
Eas
West Nebraska
Ohio Oil Company
NEC
Cheyenne County
Juleburg
Nebraska
Lavoptik Eye Care Ad Claim
Tips for tired eyes offer reading distance and lighting advice and suggest Lavoptik as fast relief after driving dust or wind exposure. The ad promises quick soothing effects for inflamed or irritated eyes and claims thirty years of success with a money back guarantee and nationwide availability at drug stores.
MENTIONED IN THIS ARTICLE
Thornton & Minor
Lebel
Wale
Austin
Ransom Drug
Walgreen
Ady
Slaughter Cattle Steady to Weak Across Markets
San Antonio and Fort Worth livestock reports show receipts around 800 cattle and 200 hogs with steady to weak asking prices. Calves and yearlings priced from 16 to 26 dollars, slaughter steers 24 to 27, cows 13 to 18, sows 16 to 17, lambs 22 to 29, with market softness in higher grades and uneven stocker demand.
MENTIONED IN THIS ARTICLE
San Antonio
Fort Worth
Cattie
Chicago
Stock Market Edges Up in Slow Advance Amid Low Volume
The New York market rose slightly after a two day decline, with 542 advances and 180 declines on 790000 shares traded. The Associated Press average gained 0.3 to 59.8 as steel, auto, and rail issues led modest gains while volume lagged, signaling weak bullish momentum.
MENTIONED IN THIS ARTICLE
New York
Associated Press
US Steel
Bethlehem Steel
Youngstown Sheet
General Motors
Chrysler
Studebaker
Emerson Radio
Cotton futures swing as New York markets stay firm
Irregular trading in New York and New Orleans on June 8 saw cotton futures pressured by profit taking yet supported by liberal grain program hints and government policy aimed at farm prices. July contracts steadied near highs while nearby prices fluctuated, with spot middling rising to about 33.69 cents per pound and New Orleans activity showing short covering and hedge selling.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
Great Britain
Europe
France
Italy
Sweden
Switzerland
Latin America
Argentina
Brazil
Mexico
Department of Agriculture
New Orleans
Leigh Low
Louisiana Plans to Double Pine Seedling Output
Louisiana moves to double pine seedling production. State Forester James Mixon authorized to negotiate. Proposed state operation of the US Forest Service nursery at Pollok, capability 50 million seedlings yearly, with 40 million ready without sales effort. Existing nurseries at Sibley and Oberlin would yield about 31 million annually.
MENTIONED IN THIS ARTICLE
Leesville
Louisiana
Forestry Commission
James Mixon
US Forest Service
Pollosk
Mixon
Sibley and
Oberlin
Oldest Federal Judge Retires at 91
President Truman approved the retirement of District Judge Tillman D. Johnson of Salt Lake City at age 91. Johnson served as Utah district judge since November 22, 1915, and was the oldest serving judge and third oldest in length of service.
MENTIONED IN THIS ARTICLE
Washington
Truman
United States
Tillman D. Johnson
Salt Lake City
Johnson
Utah
Ambassador to China To Be Called Home
Washington reports Undersecretary of State Webby said Ambassador J Leighton Stuart is to return from China for consultation. He will travel to Shanghai to assess safety of U S citizens, then proceed to Nanking before fixing a Washington return date.
MENTIONED IN THIS ARTICLE
Washington
Webby
J. Leighton Stuart
China
Stuart
Shanghai
Nanking
Also Mentioned on This Page
Chicago, Juen
Ork
Fort Worth Grain Port Worth
Barney
Grain and Cotton Exchange
Texas Common
Texas Gulf Ports
Chicago Cash Grain
Kansas City Grain
Kansas City
Capitol
W. 6Th Ph
Jack McKay
Wildcat
West
Adv
Leakie
Georgetown Rd
Congress
Slaughter
Fort Worth Livestock
Chicago Livestock
Amer — Ahinines
Avco
Chrysler Corp
Motors
Eeene
Conti Oil Dela
Curtiss Wright
Liteiaed Electric
Geeynesne
Houston
Ae ‘Intl Harvester
Kansas City Southern
Lockheed Aire
Moran
Monty Ward
National Gypsum
North Amer Avia
Ohio Oil —_ P
Packard Motor
Pan Amer Airways
Panhandle P
Phillips Pet
Plymouth
Pure
Republic Teel
Sears Roebuck
Sinclair Oil
Socony Vacuum
Southern Pacific
Standard Oil Car
Standard Oil Ind
Standard Oil Texas Company
Texas Gulf Products
Texas Pac
Tidewater
Western Union Tel A
Woolworth F
NEW York Bonds Associated P
Tllinois Arch To & Santa Fe
Ewes
Central
St. Louis Santa Fe
Curb Associated Press
Pees High
Ewner
Arkansas
Nat Gas A
Elec N
Humble Lone Star Gas
Icotton
Interior Movement
Madig
Fe Rock
Boston
Sydney
Gaston
Charleston
Calvert
Joseph Fox
Daytoe
Obie
Calvert Reserve
Calvert Distillers Corp
New Secon City
Moroline
Daresntrate
H. P. Bishop
Route
Stamford
Scarbroughs
Milan
Scarbrough
Treadwell
Optometrists
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