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Phoenix Gazette in Phoenix, Arizona

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Phoenix Gazette

Location

Phoenix, Arizona, United States of America

Date

Feb 18, 1950

Page

22

Patience And Skill Bring Originality Into Home With Discarded Furniture

Joseph N. Huber, a bachelor oil company salesman at 3850 North 12th Avenue, furnished his home largely with auction finds and refurbished pieces. He explains the craft, detailing careful restoration of chairs, a carved mahogany piece, and leatherized chests. His red leather touches unify bedrooms and kitchen, including a circular breakfast booth, while his parents plan to move from Milwaukee this spring.

Gazette Bob Davy Joseph Huber Joseph N. Huber North 12Th Avenue Huber Monument Valley Milwaukee Wis Oil Company

College Marketing Club Clinic on Business Trends in Arizona

The Marketing Club of Arizona State College at Tempe will host a Monday evening business clinic at Hotel Westward Ho at 7 30. The theme is Business Trends in Arizona for the Next Six Months. Speakers include Herbert Leggett of Valley National Bank R W Pickens of Reynolds Metals Glen Jones of Arizona Hardware and Fred Porter of Porter's store. Frank Hill will summarize. Jack Williams moderates.

Marketing Club Arizona State College Tempe Westward Ho Arizona Herbert Leggett The Valley National Bank R.W. Pickens Phoenix Reynolds Metals Glen Jones Arizona Hardware Company Fred Porter Porter’s Frank Hill Phoenix Retail Trade Bureau Valley Businessmen Students of Business Administration College Jack Williams KOY

Record Jump In GI Home Loans Shown

Washington reports an unprecedented midwinter rise in GI home loan applications per the Veterans Administration. January totals reached 42,024, up 4,500 from December, the largest since 1947, with 19,659 in 1949. The rise stems from more affordable housing and 4 percent mortgage funds. VA guarantees 50 percent of loans up to 4,000, plus 4 percent credit to lenders. Interest rates cannot exceed 4 percent.

Washington Veterans Administration

Trade Pact Concluded Between Thailand and Philippines

Manila reports a bar ter trade pact concluded at Bangkok between Thailand and the Philippines. Philippine Foreign Office announced the agreement today, but details remained unknown.

Manila Thailand Philippines Bangkok

Kansas City cattle market mixed as steers hold and heifers rise

The Kansas City cattle market shows steady to higher tones for many classes with steers mostly steady to 50 higher on light to medium lots. Heifers advance 25 to 50, cows and bulls mixed, calves strong, and feeders open with gains in light weights. Lambs show a net week gain with good to choice lots and rising prices.

Kansas City sCi Averaens Colorados Wyomings

Profit-Taking Hits Airlines as Market Rises

New York traders saw a broad stock advance with heavy turnover around 1,000,000 shares as railroad issues led the rise. Despite hopes for a coal contract settlement, profit-taking trimmed a few airline shares while Pan American and Transcontinental and Western Air lagged slightly, with American, United, and Eastern Air edging higher.

New York John L. Lewis Pan American Transcontinental Western Air American Airlines United Airlines Eastern Air

Model Home Open for Inspection by Pace-Maker Home

The Pace-Maker Home for 1951 will be open for inspection tomorrow from 2 to 5 p.m. and 7 to 9 p.m. at 326 West Montecito Avenue. Designed by Charles and Arthur Schreiber Phoenix architects known for apartment construction they recently won a first prize in a national contest for moderate-price home designers. Furnishings by Cannell and Chaffin of Arizona. priced to sell about $12,000 furnished or $7,385 unfurnished. This model home is the first of 22 to be built on Montecito and Glenrosa avenues between Third and Fifth avenues.

West Montecito Avenue Charles and Arthur Schreiber Phoenix Cannell and Chaffin Arizona Montecito Glenrosa Avenues Third Fifth Avenues

Metals New York Spot Prices Report Brief

Spot prices in New York on February 18 show slight movements in base metals. Zinc per pound and materials traded locally reflect modest shifts, with no dramatic changes noted.

Metals New York Patan Valles York East

Cottonseed Oil Futures Slip in Early Trading

In New York on February 18, AP notes cottonseed oil futures dipping about 3 percent as bids softened. The report hints at cautious demand and unsettled market sentiment amid covering of short positions and speculative activity on the exchange.

New York

Lucas Battles 50 Spud Prop in Senate Fight

Senate Majority Leader Scott W. Lucas warned potato growers he will push to strip government supports from 90 percent of the 1950 crop. He rejected pleas to abandon the plan and said he would try to move the proposal through the Senate Monday, even in a night session. Lucas said federal price guarantees would go for all 1950 potatoes not yet planted, arguing growers have endangered the farm program.

Washington INS Senate Scott W. Lucas Lucas

Grains Edge Higher on Board of Trade Despite Profit Taking

CHICAGO February 18 AP Grains edged up on the Board of Trade as profit taking remained fairly heavy. Major cereals gained in fractions while soybeans and lard posted notable advances. March wheat reached a fresh high since December with short covering and small commercial buying after a 20,000 ton hard wheat sale to Belgium. New crop wheat price eased three cents from September futures in cash trade.

Chicago Board of Trade Belgium Hastings Grand Island Neb Texas Oklahoma Kansas

Market roundup notes grain and oil futures mixed

New York Stock Exchange prices and dividend data lead a pulse reading of markets with grain and soybeans futures, lard and wheat moves. Reports cite Argentina rains but no crop relief, while projections for wheat crop prospects appear buoyant amid steady demand and price shifts across corn, soybeans, rye, and oats.

Market Summary: bonds advance amid narrow trading

New York bonds and specialties edged higher while overall stock and loan activity stayed within tight ranges. Capital nes income 4s rose to 106 and 85 percent on the day, with Isouriacific and Hudson 5s showing modest moves. foreign and United States issues remained largely quiet amid a light session.

York Frida Western Union United States Associated Press

Grain price quotes and wholesale terms from Los Angeles

The record shows nominal grain quotations with prices per hundredweight for white wheat around 3.60 to 3.65, barley near 2.46 and 2.68 for bulk wheat, corn about 2.88 to 2.91, oats near 3.2, and milo among listed figures. It notes ten-day ship shipments and wholesale carloads with cash prices as of yesterday.

Los Angeles

Pension plan approved for Colorado Fuel and Iron workers

Stockholders of the Colorado Fuel and Iron Corporation approved a pension plan for employees. The plan becomes effective March 1, 1950, with Carl Myers, the president, estimating about 600 employees will be eligible to receive pensions at that time.

Yenver INS Colorado Fuel and Iron Corporation Carl Myers

Flintkote Company Farnin 1949 Earnings Report

The Flintkote Company reports 1949 earnings with net profit of 32. Wo 613 and per share figures. Earnings compare to 1948 with 4 ae and $5.56 per share on 7.748,683. The document lists several figures including $5.828,578 and $4.33 per nan share.

Flintkote Company Farnin Ther Corporation Atten

Trend Of Staples Wholesale Prices Reported

In New York on February 18 the Associated Press notes the wholesale price index for 35 commodities moved to 161.29 from 160.26 the day before. The 20 year high was 208.14 and the low 150.05, with the 1926 average used for comparison.

Staples New York Associated Press Roar Nee

House Group Probes Threat to U S Jobs

House members led by Chairman Tom Steed announce an immediate study on whether imported goods threaten U S jobs. Public hearings begin in about a month as the Subcommittee examines unemployment, impacts on oil, glass, pottery, lumber, silk, watches, shoes, and fisheries and considers reciprocal trade effects.

Washington House United States Tom Steed Oklahoma Steed

Half Million Expected At Chicago Auto Show

The 42nd Chicago Automobile Show opens today at 2 PM in the International Amphitheater drawing about 500000 visitors. About 300 model passenger cars from 19 manufacturers are on display through Feb 26, with Kaiser-Frazer offering three new lines and two more cars to be produced soon.

Chicago International Amphitheater Kaiser-Frazer Kaisers and Frazers Kaisers

Futures In Cotton Reach New Highs

Cotton futures rose to new highs for the season with nearby March May and July contracts advancing. Short-covering and profit-taking dominated, but selling was brief as prices moved higher. Near term buying centered in March ahead of First Notice Day February 23 with export sales selling pressure noted.

New York Shorts Owen Hich Low Ringung Ena

Senate to vote Monday on small business favor

ADDY WASHINGTON February 18 The Senate has agreed to vote Monday afternoon on several proposals to give small business special consideration when drawing up legislation.

Washington Senate

Dividends Declared By Studebaker For Stockholders

Studebaker announces a dividend of 60 cents per share on common stock payable March 30 to holders of record as of March 23.

Studebaker Nation

Flax Price Report From Minneapolis Feb 18

Flax in Minneapolis today quotes at 2.99 per unit. AP reports a brief price update dated February 18 with no additional market detail.

Neapolis

Also Mentioned on This Page

By Maggie Wilson Walter Lewandowski College Marketing USDA Mac Dow-Jones E. F. Hutton Associated Press Indust Lucas Battles N. Y Nework New York Stock Exchange Broomhall International Grain Authority Argentina Fred G. Gurley Atchison, Topeka, and Santa Fe Railway Sales Gon Z di Bains Chase Philipm En tAd Amice Sharp&d1 Afferp Blisstewwa Stevens(jp Borg Warn Studeb. Sa Braniffairn rdgBrass Jacobsfl Perec Eels Byers Ala Id Lehigh N Nsamerl WaAjir LibMe Cenr Nja i LimaHam Underwood hiGrtWest Mackory Chigwpf Msp&pac MagmaCo Chi&nw Pfs MarineMidtare Oni Uslesther Chiri ColGas Walworth Tom Wilco Willy Cornell U NatAviat Gs Wrigtey Coty NatCityLin YorkCarn Crown CudahyPk NatSteelSa Davisonchi Pune Asc Norean Ft Wilbissier Beanacio Diana Nor Neacene Jarla Ohio Ae Wa M Ve Bone Day Lsasou Net de Une House Group U.S Congress Repesentative Steed Addy Pennroad New Yorkese Piper Aire Ity Co Pitney Bow Fareze Ltd Polaris Mn Ford M Can Raytheon Mf Il alaska_ Airl Salt Dome Ryan_ Aero Schulte Kia Coal Sherw Wms Ashi Singer Mfz Tela Ingston Phil Solar Is SCE Tourneau Std Cap & S Starrett Unit Aire Unit Iss Mig West Cp Utah Waltham Wright Har Claue
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