Easy Payment Plans Curb Declares New Credit Rules
Washington reports President Roosevelt issued an executive order to curb the 10 billion dollar installment credit business. The policy targets consumer durable goods to conserve materials for defense and dampen inflation, requiring regulators and possible penalties. The Federal Reserve will draft rules, potentially mandating larger down payments and shorter payment periods, with existing contracts exempt.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Federal Reserve System
Marriner S. Eccles
Federal Reserve Board
Advise Cattlemen To Improve Herds And Avoid Debts
Southwestern livestockmen are urged to improve their herds and avoid unwarranted investments to shake debt. W O Hall of the Albuquerque Production Credit Association cautioned against long range bets based on current market trends citing feed costs range conditions and foreign factors. He recommends planning operations over ten years to match range capacity and market demand.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Southwestern
W. O. Hall
Albuquerqne Production Credit Association
RCB
Hall
Women Fliers May Ferry U. S. Planes
Army air force officials discussed using experienced women pilots in the ferry command to move training planes from factories to centers. The plan, under Col. Robert Olds, would free male fliers for combat training and mirrors some roles women perform in Britain.
MENTIONED IN THIS ARTICLE
Washington
Army Air Force
Army
Royal Air Force
Britain
Robert Olds
United States
Canada
Air Force
New York Stocks Close Prices Mixed Across Largely Mixed List
New York August 12 Stocks close with varied gains and losses across many blue chips. AmAil AmCan HollySu AmC&F Loew's AmLoco Montgw AmMet NatGyp AmAMil NatLead AmSmel NatPodgl AmStlF NoAmA AT&T NcoAmC AmTob Penney Anacon PSycNJ AT&SF RadioCor AviatCor RepubSt BendixA ReyMet BethStr ReynTo BoeingA SafeStr Briggs M SearsRo Chrysler SperryC CityI&F StdBrds CSi&FP StdoOilc Coml&Son StdOuI ConsAir StdOiNJ ConsEdi Tex&Pe ConCan TexCor ConOilD UnitAirs Crucible UnitAirc Curtwrt US Gyp USIndA GenElec US Pipe GnFood USRubb GenMet USSteel Goodyr WsAiB GtWsSu WsE&M.
MENTIONED IN THIS ARTICLE
New York
AmAil
Greyhc
AmCan
HollySu
Amc&f
Loew’ss
AmLoco
Montgw
AmMet
NatGyp
Amamil
NatLead
AmSmel
NatPodgl
Amstlf
Noama
At&t
Ncoamc
AmTob
Penney
Anacon
Psycnj
At&sf
RadioCor
AviatCor
RepubSt
Bendixa
ReyMet
BethStr
ReynTo
Boeinga
SafeStr
Briggs M
UnitAirs
Crucible
UnitAirc
Curtwrt
DougAir
Usinda
GenElec
US Pipe
Usrubb
GenMet
Ussteel
Wsaib
GtWsSu
Wse&m
Galveston Cotton Prices Steady as Market Closes
Galveston on August 12 reports spot cotton steady at 41 down, mid Dling 15.25 with sales totaling 48. The brief note records current price levels and volume in the Galveston market for the day.
MENTIONED IN THIS ARTICLE
Galveston
Baseball score line St Louis vs Chicago continues
The continued baseball page shows St Louis scoring 3 runs in the first two innings, Chicago adding 6 runs in later frames. Pitchers Harris Kramer and Ferrell supported by Dietrich Hallett and Tresh.
MENTIONED IN THIS ARTICLE
Pagene
St. Louis
Chicago
Harris
Kramer
Ferrell
Dietrich, Hallett and
Tresh
New Mexico Range Livestock Report Highlights Strong Statewide Conditions
Normal July temperatures and scattered showers kept New Mexico ranges in excellent shape as of August 1, with 98 percent of normal range condition. Cattle and calves show rapid growth and strong marketing prospects, sheep and lambs remain in excellent condition, and water and hay supplies look ample for fall and winter, depending on August and September rainfall.
MENTIONED IN THIS ARTICLE
State College
New Mexico
Agricultural Marketing Service
U. S. Department of Agriculture
House rejects prolonging training for selectees in wartime policy
Debate centers on extending training for selectees reserve components and national guard beyond twelve months. A teller vote fails 185 to 146 as Republicans led by Representative Short push to strike the extension. Chief critics tie it to the French menace report. opposition argues no necessity to extend service yet. A separate vote on extending training for guards and retirees is defeated 176 to 117.
MENTIONED IN THIS ARTICLE
Representative Short
Missouri
May D-ay
Military Committee
House
Darlan
France
Hitler
Marshall Petain
Germany
Martinique
Dakar
Fish
R-Ny
Short
Mrs Jeffers Funeral Shows Dignity In Poverty
In Kansas City on August 12 Emma Jeffers held a quiet funeral with music and flowers. A pension of 15.60 monthly left little for rent at 26, yet neighbors recalled her dignity and frugality. One said she sometimes went without food but never complained, noting her resolve to splurge on small comforts.
MENTIONED IN THIS ARTICLE
Mrs. Jeffers
Emma Jeffers
Mamie Thompson
Potter’s Field
Frank Crandall
Kansas City
France to Join Collaboration with Germany Promised by Petain
In a nationwide broadcast Marshal Petain urged unity behind the Vichy government and declared France would collaborate with Germany to open a reconciled continent. He affirmed extraordinary powers given to Admiral Darlan and warned of food supply failures as a critical issue for France.
MENTIONED IN THIS ARTICLE
Germany
Marshal Petain
France
Vichy
Pierre Laval
Darlan
U. S
Petain
United States
Europe
Jean Achard
Giants 8 Dodgers 5 in first game of doubleheader
Giants drive Whitlow Wyatt from mound with four in first inning to beat Dodgers 8 to 5. Mel Ott hits his 20th and 21st homers and drives in six. Carl Hubbell earns his 10th win with nine strikeouts. First game score and lineups listed. second game details follow.
MENTIONED IN THIS ARTICLE
Giants
Dodgers
Brooklyn
Whitlow Wyatt
Mel Ott
Carl Hubbell
New Air Post Appoints Chief of Staff for Air Command
Col. William E Lynd, formerly air officer at General Headquarters, War Department, appointed chief of staff of one of five new Air Support Commands. The Air Commands were created to coordinate air and ground forces in action.
MENTIONED IN THIS ARTICLE
William E. Lynd
General Headquarters
War Department
Wall Street Steady Without Clear Trend As Market Stalls
In New York on August 12 the stock market showed no clear direction for the thirteenth straight session with mixed modest gains and widespread fractional declines. Transfers reached 421,900 shares as several issues hit new lows for the year while others posted small gains. Major names such as Bethlehem Steel and Du Pont lagged while U S Steel and American Telephone remained in the resistant group amid uneven bonds and softer commodities.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Bethlehem Steel
Great Northern
American Can
Anaconda
du Pont
Montgomery Ward
Standard Oil
U. S. Steel
American Telephone
Santa Fe
N. Y. Central
Southern Pacific
Western Union
U. S. Rubber
Pan American Airways
New York Cotton and Wool and Bonds Market Report
New York cotton futures fell 36 to 41 points with Oct at 15.70 and Dec 15.88 to 15.92 while May closed 16.03. Grease wool futures dipped a tenth of a cent, with top futures down to 118.3 to 125.0 for certificated spot. Bond prices slid marginally with Treasury issues around 106.16 to 119.4 and Home Owners loans near 101.31 to 196.26. New Orleans spot cotton traded at 15.31 Middling as sales totaled 355.
MENTIONED IN THIS ARTICLE
NEW York Cotton
New York
Ue N
Treasury
New Orleans
Reaching Goal continues on page one with city air base talk
Mayor Thomas J. Hall discussed city challenges linked to the air base project and commended the Chamber of Commerce for its fine work. Phone your classified ad to No. 11.
MENTIONED IN THIS ARTICLE
Thomas J. Hall
Chamber of Commerce
Kansas City Livestock Market Report Summary
Hogs 2000 head salable with mixed demand. top 11.05 to 11.10 for 180 260 lb goods. Cattle 6000 head salable. grain fed steers steady. grass cattle steady to strong. cows 15 higher on steady to strong demand. Vealers steady. stockers and feeders steady. early sales: mixed yearlings 13.00 prime, 12.60 mixed. Sheep 3000 head with steady bids. spring lambs around steady, best natives above 11.00, Colorado ranch lambs above 11.35.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
USDA
Colorado Ranch
Graded Wools and Farm Commodities Steady in Markets
Boston reports good French combing length wool selling at 1.03 to 1.05 dollars scour, with most at the low end. Texas wool sold 1.03 to 1.05, some offers at 1.05 to 1.07. Chicago receipts show butter 1,028,822. eggs firm, dir ties 24, checks 23.5. poultry prices mostly unchanged with varied by weight and breed.
MENTIONED IN THIS ARTICLE
Boston
Texas
Chicago
Plymouth Rock
White Rock
Chicago grain closes with mixed futures and curb notes
Wheat faced Sep 1.09 3/4 with Dec 1.13 1/4, May 1.16 1/2. corn Sep 77 1/2, Dec 80 3/4, May 85 1/4. oats Sep new 40 7/8, Dec 43 3/4-5/8, May 46 5/2. Curb market lists Alum Co Am 113, Ark Nat Gas Pf 7 7/8, Carrier Corp 8, Cities Service 5, Ford Met Ltd 1 3/8, Hecla Min 6 1/2, Humble Oil 63 5/8.
MENTIONED IN THIS ARTICLE
Chicago
CURB
New York
Close Alum Co Am
Ark Nat Gas Pf
Carrier Corp
Ford Met Ltd
Hecla Min
Humble Oil
Also Mentioned on This Page
Art Allison
Art
Bill
Bruce
Ed Williams
Gruen
Denver
James
Case
Stuart
Huff’s
Huff's Jewelry Store
Holston Res. Pho
T. E. Boggs
N. Main St
Hubbell
Danning
Wyatt
Drake
Allen
M. Brown
Hamlin
Owen
Franks
Melton and Hartnett
Casey & Owen
Philadelphia
Blanton, Hoerst
Pearson and Warren
Livingston
Tobin and Berres
Olsen
George Lanier
Mancuso
New Air Post
Col
Curtis Wheeler
Ronage
Elbertas
Gaylord's
Crookes Scientific
Dade An Pak AL At
Central Hardware, Inc
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