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Baytown Sun in Baytown, Texas

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Baytown Sun

Location

Baytown, Texas, United States of America

Date

May 01, 1967

Page

2

Construction Firm Buys Allen Wrights 50 Year Old Homestead

Peggy Florida reports Baytown landmark sale as Allen Wright sells his Cedar Bayou Road and Highway No 146 property to C J Bailey Jr of Bayport Construction Co. Wright born 1834 in Evergreen recalls Baytown's early days from a prairie homestead, oil fields, and tent living era. He plans to move to a Baytown lot while his quail still visit his back door daily.

Allen Wright Peggy Florida Baytown Allen Wigh Cedar Bayou Road C. J. Bailey Jr Bayport Construction Co Wright Evergreen Masonic Hall Cedar Bayou Bee Guillards Tabbies Sweets Gilettes Wigginses Kilgore Crosby Cedar Bayou Highway No. 146 Alen Wright J. Bailey Jr Bayport Construction Wilton Roper

Decline In Drilling Blamed On Gas Prices

W A Landreth of the Texas Mid-Continent Oil and Gas Association argues falling gasoline prices hurt Texas drilling and exploration. A New York economist contends prices under inflation would boost industry earnings and fuel further reserve exploration, suggesting a 4 cent rise per gallon could add about 3 billion dollars annually.

Dallas W. A. Landreth Texas Mid-Continent Oil & Gas Association Texas Landreth Fort Worth New York Kent John Winger Aias U.S Winger

Stock Market Foreshadows Future, Not Present

New York AP notes the market’s tendency to trade on future prospects and lessons from the past. GM’s April earnings drop followed by a price rise to 84.75, with weekly close at 86.50, illustrates bets on a return to better times. The NYSE index nears a record, signaling future growth despite present weak economic signals.

New York General Motors New York Stock Exchange

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