Amarillo Sunday News-Globe (Amarillo, Tex.), Vol. 13, No. 33, Ed. 1 Sunday, August 14, 1938 Page: 12 of 264
two hundred sixty four pages : ill. ; page 23 x 18 in.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
'
PAOg TWENTY-glOHT
amartllo sunday new8 anp 61.0be. amartllo, texas.
dolden anniversary edition. 1938.
Cattle Pnces Take Sharp Drop lit. Week
Hot Weather |
Consumption
Takes Slump
Cattle Mostly
Little Lower
KANSAS CITT, Mo., Aug. 13 OJ.PJ —
{XJ. 8. Dept. Agr.)—Livestock:
Hogs—50. Not enough on hand to
test values. Market nominally steady.
For week: 75c-$1.00 lower.
Cattle—300; calves. 100. For week:
Beef steers and yearlings, 25-50c lower;
vealers steady: stockers and feeders
mostly 25c lower; spots off more on
medium to good grades; week's top
heavy steers, $12.10; several loads light
and medium weight, $11.25-12.00; mixed
yearlings, $11.50; heavy heifers, $11 00,
vealers, $9.00; bulk fed steers. $8.25-
11.00; gTassers mostly $6.00-8 00; bulk
stockers and feeders. $6.25-8.50; fleshy
feeders and stock steer calves up to
$9.00.
Sheep—2,000, all through. For week:
Bpring lambs mostly 25c lower; year-
lings generally 50c off; sheep steady;
week's top Kansas spring lambs. $8 75
to shippers; Colorado and native lambs,
$8.25; late sales natives, $8.00 down;
top yearlings, $6.35; best native
slaughter ewes, $3.50.
CHICAGO LIVESTOCK
CHICAGO, Aug. 13 (U. S. D. A.) —
Hogs—2.000, including 1,900 direct; all
prades nominally steady; quotable top
$8 70; compared week ago good and
choice barrows and gilts 7bc<£r$1.00 low-
er, light medium sows at comparable
decline; heavy kinds 60(i/65c off.
Cattle—200; calves 100; compared Fri-
day last week: Strictly choice and
prime medium weight and weighty
steers and common and medium grass
offerings to killers 15fa25c lower: good
and choice fed steers and yearlings,
particularly kinds averaging tinder 1.200
pounds. 25fr/50c lower; fat cows about
steady, late top weighty sausage bulls
$6.75: vealers 50c higher, closing top
$10.75.
Sheep—4.000. including 2 000 direct;
for week ending Friday 11,100 directs;
compared Friday la-st week: Spring
lambs around steady to 15c lower; year-
lings 25tf/35c off; week's spring lamb
top $8.75 paid for natives on Tuesday;
best westerns $8.70; native slaughter
ewes $3,254/ 3.50.
FORT WORTH LIVESTOCK
FORT WORTH. Aug 13 <JP)— < U. S.
Dept. Agr.)—Cattle. 400, including 100
through; calves, 200. Today's trade
nominal: compared close of last week:
beef steers, 50c and more lower; year-
lings. 25c off; cows and bulls, 25-50C
down: calves and stockers weak to
25c lower; top fed steers, $8.50; sev-
eral loads, $7.50-8.00; grassers, $7.00
down; few yearling heifers to $9.00;
steers. $8.75; mixed yearlings, $8.50:
practical top beef cows. $5 50: cutter
grades. $3.75 down: bulls, $5.25 down;
slaughter calves largely $4.50-7.50; some
one yearling order to $8.00: extreme
top stock steer calves, $8.50; bulk. $8.25
down; stock heifer calves, $7.50 down;
few choice light yearling stockers to
$8 25.
Hogs. 200: steady with Friday's aver-
age. top. $3.00. paid by city butchers;
packer top. $7 90: bulk good to choice
175-270-pound, $7.85-8.00; good to choice
150-175-pound. $7.00-75: packing sows
steady at $6.25 down. Compared with a
week ago, good butchers are $1.00
lower.
Sheep, 1.300, including 1.200 through;
today's trade nominal. Compared with
last week's close. Spring lambs, 25c
lower; yearlings steady to 25c lower;
aged wethers and ewes. 25c higher;
feeder lambs steady; bulk medium to
good spring lambs, $6.50-7.25; yearlings
mostlv $4.50-5.25; best, $5.50: aged
wethers, $3 25-4.00; ewes. $3.00-3.50;
feeder lambs, $4.25-5.25; few to $5.50.
OKLAHOMA CITY LIVESTOCK
OKLAHOMA CITY. Aug. 13 [IP)— (U. S.
Dept. Agr.)—Cattle. 75; calves, 25; com-
pared last week, slaughter steers and
yearlings uneven steady to 25c lowe.,
cows weak; bulls, vealers steady; stock-
ers. feeders slow, steady to weak; choice
1.060-pound steers, $10.25; cake short
fpd steers and yearlings. $8.00-9.00;
grassers. $6.00-7.00; grassy heifers, $5.50-
7.00; beef cows, $4.50-5.50; bulls, $4.25-
5.50: choice vealers, $8.50-9.00; killing
calves, $4.50-7.00.
Hogs—200; generally steady: most de-
sirable 130-200 - pound butcner hogs,
$7 35-8.10: few heavy butchers. 260-300
pounds, $7.25-7.80; packing sows, $5.50-
6 25.
S 5—50; compared with last week,
nar, spring lambs closed steady; feed-
ing iambs, sheep steady; late top choice
spring lambs. $7.50; bulk $7.00-7.50; me-
dium and good grades, $6.00-6.75; feed-
ing lambs, $5.00-6 00; fat ewes to $3.00.
DENVER LIVESTOCK
DENVER. Aug. 13 U. S. Dept.
Agr.)—Cattle. 50. calves, 25; for week: j
fed classes. 15-25c lower; steers, $9.25-
10.85; top heifers. $10.50; others, $8.10- j
10.25; grass heifers, 25-50r lower at
$5 50-7.50; beef cows, 10-25c lower; prac- ,
tical top, $6.25; cutters weak to 15c
lower at $3.75-4 50: bulls. 25c lower nt j
$5.00-5.50: calves and vealers, steady;
top vealers, $9.50.
Hogs—200: steady: for week: light, and
medium weight butchers. 85-90c lower.
heavies and mediums. 90c-$1.00 lower; -
sows, 50-65c lower, feeder pigs, 75c- Marshall-Field
$1,00 lower. Martin, Glen L.
Sheep — 12.600; steady: for week: ; MiarnJ Copper
spring lambs, 10c lower, yearlings weak
to 25c lo*.:r pwps strong, feeder lambs
25c lower: rangers, $7.90-8 40. yearlings,
$5.00-6.00: ewe.s, $2.00-3.15; feeding
lambs, $7.00-7.35.
Stocks Ease Off
In Light Trade
Wheat Price
i
Range Narrow
NEW YORK, Aug. 13. (U.R)—Stocks
eased fractions tc a point in light
trading today, rounding out a full
week of decline.
CHICAGO, Aug. 13 (i<P>—A burst of
selling late in the session wiped out
i early gains of as much as % cent
In the wheat market today and sub-
stituted small net lasses.
Hedging pressure from the North-
west, where the movement was in-
creasing. and a break of almost 2 cents
Last, Saturday thP list made new j "> Duluth Durum unsettled the mar-
highs for the year with the Indus
trial average closing at 145-67. At
the end of the first hour today this
average stood at 13H.34.
Volume was light today after yes-
terday's spurt of activity to the
largest total since July 27.
Bonds made an irregular decline
in moderate turnover. Gr.'ins wpre
steadier after wheat and corn
recently had fallen to new 5-.vear
lows. Cotton futures fluctuated in
a narrow range. Hides made new
lows on the movement. Cottonseed
oil firmed. Other commodities were
idle because of the usual Saturday
market closings.
The copper industry had a favor-
able statistical report, showing ex-
ports the highest of the year, pro-
duction down and consumption up
for July. The Rubber Association
reported higher consumption of rub- i Sept
ber in July. Department store sales
in the week ended August 5 were
reported off 12 per cent irom the
corresponding week of last year.
A Richmond, Va„ dispatch said
the ravon unit of Du Pont
ket.
Wheat closed %-'jC lower, compared
with yesterday's finish. September,
6 Hie: December, 63%-64c, but corn
was .%~%e higher; September. M%-%<\
December, 48'-48e. Oats were un-
changed to %c lower.
CHICAGO CASH (iRAIN
CHICAGO, Aug. 13 (/P) -Cash wheat-
No. 1 hard, 65'4c; corn, No. 1 yellow.
53'.-54c: No. 2. 53-54C. Oats, No. 2
white. 25lj-25a;C. Barley feed. 47-49r,
nominal; malting. 50-63c. nominal,
timothy seed, country run, $2.75-2.85.
(iRAIN
TABLE
CHICAGO,
Aug. 13 </P>—
Open
High
Low
Close
WHEAT—
Sept
filTg-62
62
61%
61 \
Dec
64U-%
647h
65
63%«64
March ....
66
May
67 3,4
66 Tg
66?*-67
CORN—
Sept
51-51 Vi
52 r,a
51
51^-a;
Dec
47V48
49 V4
47 "s
481j-*a
March ....
50' 4
501 j
501 '4
50'2
May
50'H
52
50%
51'j
OATS—
Sept.
22%
23
22
22%
Dec
23'j
233i
23-%
23"«
May
25* B
25 U
25's
25 U
FORT WORTH
CASH
GRAIN
FORT WORTH, Aug. 13 tU.R) — Cash
grain:
Wheat—No. 1 hard, 73", -77r;r.
Corn No. 2 white, 60!--61!-..c; No. 1
Ampthill ,, ......
.... ,, , , ,, yellow, 63'--641-c.
plant had recalled nearly all the • oats-No. 2 red, 31'.-32'2c; N*o. 3 red,
Cotton Prices Ease
Under Light Demand
NEW YORK. Aug. 13 (flV-Cotton fu-
tures exhibited strength in light trading
early today.
The demand, however, was limited
and prices soon turned easier tinder
Bombay selling, liquidation and local
offerings. A favorable weather map
and poor cotton goods sales for the
week at declining prices influenced
sentiment.
December sold off from 8.25 to 8.22
shortly after the first half hour, when
the market was 2 points net lower
to 2 higher.
NKW YORK FUTURES
NEW YORK. Aug. 13 (/P)—Cotton fu-
tures closed
"i lower.
Open
High
Low
Close
Oct
. 8 23
8.23
8.13
8.13
Dec
8.20
8.20
8.21
8.21-22
.Ian
. 8.29
8.20
8.22
8.22
Mar
. 8.32
8.32
8.24
8.24
Mav
. 8.34
8.34
8 27
8.27
July
. 8.35
8.35
8.29
8.29
Spot quiet
middling 8
25.
8.24b-25a
8.33
8.34
8.35b-36a
8.30
8.42b-45a
normal force of 2,500 workers to a : 30 ?-3i
five-day week. ?,a!le'NVNo'o2, 5n^2c:
" . , , ,, . . . . Milo—No. 2 yellow, 75-</c;
Pittsburgh reported that its steel yeiiow, 72-74c.
plants would begin next week at 30 Kaffir No. 2 white, 75-77c;
50-51c.
No. 3
white, 72-74c.
KANSAS CITY CASH GRAIN
KANSAS CITY. Aug. 13 (/P>- Wheat—
281 cars; unchanged to l:5ic higher.
No. 2 dark. hard. 63%-70' _.c; No. 2
hard. 60%-64%c; No. 2 red. nominal.
591.,-61.'C. Close: September, 58%c; De-
cember, 59%c; May. 61 %c.
Corn—12 cars; tone %-lc higher. No.
per cent of capacity, up 2 points
from the present rate. Firmness in
other centers was expected to boost
the national operating: rate for the
coming week around the best levels
of the year.
Steel shares were supported late
in the session. Bethlehem came 2 white, "nominal. 4811-4*9%c; no. 2 yel-
back from a half point decline and low- nominal. 48'.j-49%c: no 2 mixed,
tt c~> 1 _i• , i• 1 -*t nominal 43-49V-ic. Close. September,
U. S. Steel did likewise. Youngstown 48-"C: December, 45%c.
and Republic moved narrowly. Cop- i Oats—18 ears;' tone unchanged; No.
per issues were sustained by the j2 white. 23'ic.
favorable statistical report and loss- !
es made at the outset were reduced \ Thompson Products
substantially. Tide Water Assoc. Oil
. I TransAmerica Corp
Cnrysier rained irom a decline of 1 Transcontinental * West.
more than a point and General U
Motors firmed from its low. Rail- \ Hni?nri CAi,bi",>ft
road Issues were steady at the open- {jntJed Airlines " !! "!!
ing, sagged and then rallied. Near j United Corporation
the close, New York Central was Urmed oas improvement
unchanged and others were down j ^ s 11 cr
small amounts. Delaware & Hudson
registered a small gain.
Markets in Brief
NEW YORK. Aug 13 iTP —
STOCKS—Easy; leaders drift.
BONDS—Lower; Czechoslovak loans
sag.
CURB—Narrow; gold shares edge for-
ward
FOREIGN EXCHANGE-Quiet; ster-
ling and franc level out.
COTTON—Barely steady; liquidation,
favorable weather.
Sugar—Closed.
COFFEE—Closed.
Chicaco:
WHEAT—Easy; hedging pressure.
CORN Firm; short covering.
CATTLE - Nominally steady.
HOGS—Nomnially steady.
STOCKS IV THE SPOTLIGHT
NEW YORK. Aug. 13 iTP: -Sale*.
171 2
14 '
141 i
10', 4
10>4
61 2
70%
79%
26 5 4
9
9
2%
2%
10
10%
42i'*
42%
56%
57
5%
5%
2614
27%
07%
98%
4%
4%
46 >2
46%
18 V*
18%
18%
19
400.000
U. S. Steel
W
Warner Bros. Pictures
Western Union
Westinghouse Electric ..
Wilson fiz Company
Wool worth
Yellow Truck «fc Coach .
Z
Zenith Radio
TOTAL SALES
new york (trb exchange list
(Furnished by E. A Pierce and Co.,
Amarillo Bldg.)
Pre v.
CIosp Close
American Maracaibo % 11-16
Arkansas Natural Gas "A".. 3 3
Cities Service Common (New) 8% 8%
Cities Service Preferred
Cosden Prt Corp 11 '2
Eagle-Picher Lead 9%
Electric Bond Ac Share 7%
Fisk Rubber 6*i
NEW ORLEANS FUTURES
NEW ORLEANS, Aug. 13 (/P)—Cotton
futures closed steady net 1 point higher
to 2 points lower.
Oct 8 29 8.29 8.23
Dec 8.37 8.37 8.31
Jan 8.38 8.38 8 34
March 8.40 8.40 8.35
May 8.41 8.42 8.39
July 8.44b
b -bid; a—asked.
AVERAGE MIDDLING
NEW ORLEANS. Aug. 13 <tf-) - The
average price of middling cotton today
at 10 southern spot markets was one
point, lower at 8.26 cents a pound; aver-
age for the past 30 market days, 867
cents a pound.
COTTONSEED FEEDS
FORT WORTH. Aug. 13 (U.R>- Western
Feeders Supply Company's cottonseed
quotations if. o. b. Texas mills);
I) O W - 1 O N E S A V E RAG E S
NEW YORK. Aug. 13 <U.P -Standard
Statistics Company's indexes today.
Siorks
50 Industrials 118.1
20 Railroads 28.3
20 Utilities 58.3
90 Stocks 94.3
Bonds
20 Industrials
20 Railroads
20 Utilities
60 Bonds
39' 2
1',..
9"«
fin;
closing price and net
change of
the
15 most active
stocks
today:
Gen Motors
15.300
44%
up
%
U. S. Steel . .
9.100
56%
down
%
Chrysler
8.400
68%
up
Yellow Truck..
7,100
18%
dnwn
i s
U. S. Rubber.
6.800
42%
up
%
Anaconda
5.900
33%
down
%
Republic Steel
5.700
17%
down
M
Gen Electric
5,700
39%
down
Vx
Mont Ward
5.300
451«
no
N. Y. Central
5.000
17%
up
%
Bend Aviat
4.700
21'-.
up
Beth Steel.
4.400
54%
down
*%
Radio
4 000
6%
dnwn
1 L
Goodrirh
4.000
22%
up
%
Goodyear T&R
3.600
26
down
-M-
NEW YORK STOCK LIST
Furnished br E. A Pierce At Co.
Amarillo Bldg.
A
Allied Chemical Dye .
Allis Chalmers
Allied Stores
American Can
American Locomotive
American Power Light
American Radiator
American Rolling Mills
Amer. Tel. & Tel
Anaconda Copper
Armour fie Company
Atchison Top. Ac S. F.
Atlantic Refining
B
Baldwin Locomotive
Baltimore & Ohio .......
Barn^dall Oil
Bendlx Aviation
Bethlehem Ste«*l
Boeing Airplane
Borden te Company
Borg-Warner
Briggs Mfg. Co.
Budd Mfg.
Burroughs Add. Marh
C
Callahan Zinc-Lead
Calumet & Hecla
Case. J. I. As Co
Celanese Corp.
Chicago Pneumatic Tool
Chrysler
Columbia Gas A? Elec,
Commercial Crrdi'
Commercial Solvents
Commonwealth South.
Consolidated Oil
Continental Baking •'A"
Continental Oil < D*l >
Crosley Radio
Curtis1? Wright
Curtiss Wright "A"
D
Douglas Aircraft
DuPont de Ncm.
Deere & Co.
E——''
Eaton Manufacturing
Electric Auto-Lite
Electric Boat
Electric Pow*r * Light
Engineers Pub. Svc
F 1''
Firestone
Flintkote
Freeport Sulphur
General Baking
General Electric
General Foods
General Motors ."! 11 * 11
Gen. Pub. Service
Gillette Safety Razor . . .!
Olmbrl Bros
Goodrich !!".!!!"
Goodyear .!!!!.'!!
Great, West. Sugar
Great Northern Ry Pfd
——H
Hecker Products
Houdallle-Her*hey "B"
Houston Oil .......
Howe Sound
Hudson Motors
Industrial Rayon
International Harvester
Int'l. Tel. Ac Tel.
Johns-Manville
K
Kennecott Copper
-L —
Long-Bell Lumber "A"
Prev.
Close
Close
171-2
. . "i" 11
48
• • ! •'«
10
. . 96
96
20
" Y
5
14%
■ Wi
18%
. . 140'*
140-%
.. 3312
33%
S' i
5%
341,
34%
.. 23
23%
.. <"
A'.
.. a'.
8'.
. 17'
17%
.. 211 2
21%
.. 55>„
55%
.. 25%
25%
30'i
30 %
. 31'.
311.
i'«
5%
• 18%
18
. 1%
1%
" 1 2
7%
. R7-.
87',
. 22%
22%
13'j
14
C8>,
68
■■ <=%
6%
. 46%
4H-<,
■ %
in
■ 1'.
J'i
•
f'2
?1%
22
. 32
32%
8%
. y
5',
. 22 H
22' 2
■ 471
47%
.122%
1231 2
. 19
18%
, 19%
20
. 25
25%
.
8".
in'.
in'.
■
5%
2n
20%
. 29
29%
■ 'i
9%
. 39%
40
■ 34%
34%
• 44',
44%
• '#%
9%
■ J2%
12%
. 22%
22%
, 26
26%
. 26'i
26%
. 20',
20%
■ 7",
7%
13%
14
■ 7',
A
44%
• «%
8%
28%
26%
. 55'.
56%
8%
8%
90%
89%
391,
39%
. ....
4%
Mid-Cont,incnt Petroleum
Minneapolis Moline . . .
Montgomery Ward
N
Nash-Kelvinator
Nat'l. Biscuit
Nat.'l. Dairy Products ..
Nat'l. Distillers . ....
Nat.'l. Power Ac Light ...
Nat'l Supply
New York Central ......
New York Ship Bldg
I North American Aviation
i North American Co
Northern Pacific
O
Ohio Oil
1 Otis Steel
P
i Packard Motors
: Paramount Pictures
i Penney Co.. J C
j Pennsylvania RR
j Petroleum Corp. ...
I Phillips Petroleum
j Pittsburgh Scrcf Bolt
j Pullman Company
I Pure Oil . . .
R
Radio Corp.
Radio-Keith-Orpheum
Remington Rand
Reo Motors
Republic Steel
Reynolds Tobacco ' B"
S
I Schenley Distillers
| St. Joseph Lead
i Seaboard Oil
■ Sears Roebuck
j Servel Inc
' Simmons Co
j Skelly OH
; Socony Vacuum
! Southern Pacific RR ...
I Southern Railway
Standard Brands
! Std. Oil of Calif
j Std. Oil of ind
i std. Oil of N. J
} Stewart-Warner
Stone Si Webster
Studebaker ... ....
; T —
Texas Corp.
i Texas Gulf Producing
I Texas Gulf Sulphur
I Texas Pacific Coal At Oil
Texas Pacific Land Trust
... 11%
11%
• •• 22%
221 2
... 0%
10%
t .37%
17%
. . . 6
6%
• • 45%
45%
. .. 9%
9%
. . . 24
23%
... 15*'
15
. . . 24
24
• •• 6%
6%
. . . 17
17%
. . . 18
17%
■ ■ ■ 6%
6%
9%
9%
19%
20%
. .. 11%
11%
. .. 10%
10%
... 9%
10
. . . 5
5%
... H%
9%
... 82%
82%
... 20
20%
.. 11%
11%
. .. 39%
39%
7' 2
7 3 4
. . . 301x
30%
• •• 10%
11
.. . 7
7
... 2 %
. . . .1 R
15 "
. . . %
2%
. . . 17%
17%
... 41%
42%
■ • ■ 11%
17 %
...39
39%
22
70%
70%
... 15'i
15% i
... 27%
27%
... 27'.
27%
... 14%
14%
... 17';
17% :
...12
12%
... 7%
7% i
.. 31 %
31%
. . 30 %
30%
.. 53'„
53%
.. 30
9% I
9
9% !
7%
7% |
By WALLACE W. OLA DISH
(Globe-News Correspondent)
KANSAS CITY, Aup. 13. —An-
other sharp drop in cattle prices
was effected 'his week as excessive-
ly high temperatures continued to
minimize dressed beef consumption,
but the dip this week centered upon
grain-fed animals, whereas grassers
took the brunt of last week's price
plunge. Most of the major classes
of cattle arc now 25 to 50 cents
lower than a week ago, with
medium to choice fed steers and
yearlings, medium to good cows
and in-bctwcrn quality stockers and
feeders showing the full half dollar
decline.
Cattle receipls here this week ex-
panded to a 1938 record Monday
run of 18.062 head, with stockcr
and feeder offerings and grassy-
fleshed butcher stock comprising an
especially liberal percentage of the
run. Price levels began to sag
early in the week, and thr down-
ward trend seemed to gain mo-
mentum as trading progressed.
Fractional strength on the clos-
ing session was attributed largely
to the light supply available for
sale and to the marked improve-
ment in the quality and condition
Prime loose hulls, prr ton. $7.00-8.00. 0f (he western grass-fat steers on
^Prime cold-pr«,scd seed, per ton, $20- j hRnf| Top prjce lpvels Jn the bcof
Prime cracked, screened meal and ! steer division were knocked down
cake. 43 per cent protein, per ton, | tf) $12 m or weighty, choice to
$23.50-24.50. ; primp fpcd lot mato.« of the steers
' that realized $12.35 here last week.
Several consignments of well fin-
ished light and mediumweight steers
brought $11.25-12, but the bulk of
medium to choice fed steers sold
around $8-11 with occasional loads
of lightweight and medium fleshed
R5.1 j warmed-up steers around the $7.75
™ * j mark. Mediumweight fed Kansas
so!a I gra.ss steers of exceptionally high
I quality and unusually smooth flesh
Aug. 13 (U.P — Dow-Jones j brought $10 r.ear the close, but the
136.i off 0.30 j bulk of medium to good beef steers
27.57 off o.ll J that had been fed on the grass sold
in 43 off 0.19 i ,jurjng (he week on a spread of
GOVERNMENT^BONDS ! W-9-25. Strongwcight dry-lot beeves
YORK, Aug, 13 (/!•• -Govern- j were discounted sharply, with $11
buying choice quality and excep-
tionally fat 1.477 pounders, and
similar quality feed lot mates aver-
aging 1.514 pounds per head sold
at $10.75. Straight grass-fat west-
ern and southwestern steers were
not in liberal supply this week, but
numerous loads of medium to well-
fleshed kinds brought $7.25-8,10,
while common to plain quality
grassers were reported largely
around $5.50-6.25. The grassers were
light colored and in cutter flesh,
but several leads of fairly smooth-
fleshed Brahmas sold at the $6-
6.25 spread.
Choice to prime mixed yearlings
at $11.50 and nearly similar quality
straight heifers at $11 both estab-
lished new 1938 top price levels in
their divisions this week, but com-
paratively few fed heifers were of-
fered with enough quality and fin-
ish to bring $10-10.85, and the bulk
of pood to choice lots realized $8.75
to $9.75. Short-f?d grassy heifers
were reported frequently at $7.50-
8.25, and a few strictly smooth-
fleshed straight pastured heifers
brought up to $7.50-7.75, but the
bulk of medium grass heifers
brought $6.50-7.25, with plain sorts
down to $5-$5.50 Occasional sales
on strictly good, weighty cows on
the beef order ranged up to $6 or
slightly above, but this week it took
strictly good, heavy western range
cows to bring $5.50-5.75. and the
bulk of medium to good pastured
butcher cows realized around $4.65-
5.50. while canners and cutters
bulked at $3 75-4.50. Odd head of
shelly, lightweight canners sold in
instances around the $3.25-3.50
sold fully steady at a bulk of $7-9,
; marks.
The better grades of veal calves
with occasion*' selected lightweights
I up to $9 50 and common to Just
medium calves were steady at.
Pen Women
MILDRED J. CHENEY
Because Miss Laura V. Hamner,
daughter of a former newspaper-
man, and, at the time, postmistress
at Claude, loved to write, the Pan-
handle Pen Women came into ex-
istence as an organization.
For some time, Mtss Hamner had
been accumu'ating the routine ex-
perience of embryo authors—send-
ing stories to editors and getting
them back more or less promptly—
and while she wondered what was
the matter with them, she wished
she knew someone who might be
having the same experience. There
were, of course, plenty of potential
' pen women" in the Panhandle but
any women so inclined were wont
to write only when they were sure
I no one was looking.
Finally, the urge to create litera-
ture rather than merely hand it out
determined Postmistress Hamner to
make a public appeal for a meeting
J of all who might be interested, and
on April 20. '920, in the "parlor"
of the old Amarillo Hotel, six un-
certain women gathered.
* * *
Half of those present were elected
officers, Miss Hamner being the
unanimous choice for president.
Miss Sophia Meyer was chosen cor-
responding secretary and Mrs. Mil-
dred J. Cheney, recording secretary
and treasurer The trio not hon-
ored with offices included Mrs.
Phoebe K. Warner, Mrs. R. S.
Thompson and Miss Mabel Tim-
mons, now Mrs. Jerome B. Hooker
of Chicago. A few riavs later, the j they go rfut to forage on
names of Mrs. Johanna Nic.holai, By providing a cool place for them
Mrs Marv Miller Beard and Mrs. | to drink, I believe 1 can accomplish
Annie Dyer Nunn were added to | faster and more economical gains
the charter membership.
At eacli subsequent meeting, held
rather haphazardly for a year or; Mr. Cross conducted an eminently
two, the leaven spread amazingly, successful class here. ,
grain. An extensive cattle feeder in
our area has followed this system
and found it quite profitable."
Although Mr. Paces section of
New Mexico .'S primarily a wheat
producing area, he has excellent
grass pasture this year, and he be-
lieves a mixture of both grass and
■weeds for lambs is more satisfactory
than either one of the two alone.
He follows the practice of allowing
his lambs to run on wheat fields
after the combine, thus giving them
grain for the desired marketable
finish. Mr Pace marketed 256 head
of high quality lambs here this
week at the $8.25 top of the mar-
ket. "These lambs had been fol-
lowing the whea' combine since
early in June," Mr. Pace declared.
The string a-eragea 87 pounds per
head.
The old saying that "A chain
is only as strong as its weakest
link" is interoreted by Mr. Pace to
mean that a herd of sheep is only
as good as its oldest ewes, "The,
quickest way to cause your herd to
deteriorate is to keep the old ewes
along with the younger ones," Mr.
Pace claims. "We follow the prac-
tice of weeding out the older stock
every year, although some of the
ewes weeded out would still be good
for two or more years if they were
tc go to some mid-western flock."
A few of the many helpful sug-
gestions that come from years of
experience in handling a sheep herd
on the range were told at great
length by Mr Pace as he suggested
means of controlling bloat in sheep.
"An old sheep herder once told me
that if you threw a bloated sheep
into a pool of water, the bloat would
disappear immediately. This remedy
has worked several times in our
herds. The coolness of the wafer
. . , apparently aids in effecting the
by supplementing their ration wltn relrase of ga^ from t|lr system.
Cow's milk, to which has been
added bone-meal, is excellent for
Air Condition
Feeder Sheds
KANSAS CITY, Aug. 13- Live
stock feeders in the Southwest and
in many sections of the Corn Belt
are following the example of mer-
chants who have air conditioned
their places of business, according
to H. P. Pace a prominent rancher
and market topping lamb feeder
of Curry County New Mexico, and
air conditioned feed sheds are
rapidly being adopted by feeders as
a means of more rapid fattening
of live stock. The extra comfort
enjoyed by the cattle or lambs
being fed during hot summer
months has more than paid for the
extra cost of air conditioning equip-
ment in the faster gains and the
improved condition of the animals,
live stock feeders have found.
Heretofore such practices have
been limited almost entirely to cat-
tlemen, but Mr. Pace stated here
this week that he was going to
adopt this method of improving his
lambs next summer By construct-
ing fans at each end of the feeding
shed, a continuous current of air
can be circulated through the build-
ing during the heat of the day.
"Sheep usually fill up on grass in
the morning and come in right be-
fore noon to drink," Mr. Pace said.
"During the hot months of June.
July and August they only mill
around the watering troughs until
the temperatures subside, and then
NEW YORK
stock index today:
30 Industrials
20 Railroads
15 Utilities .
NEW
ment bonds.
Treas
4 Us, 52-47
2T-iiS, 60-55
Those who took their work seriously
! were helped in their efforts by the
combined knowledge and experience
of the whole group -meager though
i it was. It was a proud day for
the Pen Women when they were
able to finance a special program
by Karle Wilson Baker, Texas' own
well-loved poet.
• * •
Tn those early days, the member-
ship included women interested in
all of the creative arts and one of
I the first contest? called for designs
for an official pin to be submitted
From time to time, smaller groups
have met weekly for more inten-
sive study. At these gatherings an
occasional male was admitted, some
of the earliest so privileged being
cub-reporter John McCarty. Olin
Hardy and Arthur Carnahan.
In February, 1935, a short story
diss was led by Mrs. Lois Tyson Mc-
Cormick. At its conclusion, the sto-
ries written by the members were
sent, to Thomas H. Uzzell for criti-
cism.
The fifteenth anniversary of the
Sales Hish Low
. .. 1 118.28
. . 14 104.5 104 4
CHICAGO PRODI CK
CHICAGO. Aug. 13 tfP)- iU. S. D. A.) —
Potatoes 35: on track 160: total U. S.
shipments 270; about steady; supplies
light: demand slow: sacked per cwt.
California white rose U. S. No. 1, $1.75^/
1.80: Idaho Bliss Triumphs. U. S. No.
1. $1.25ff>1.35; russets U, S. No. 1.
$1.906/1.95; U S. No. practically free
from cut« nnd clipped ends. $1.50: Ne-
braska cobblers 85 per cent U S. No.
1 and better 85tfj90c; Oregon Bli-s Tri-
umphs U. S. No. 1 washed. $1.32*2.
Gulf Oil Corp
Hecla Mines
Humble Oil
Lockheed Aircraft
Niagara Hudson Power
Pantepec Oil Co .
Southland Royalty
Sunray Oil
United Gas Corp
43
43%
8%
8%
66'
R7 %
14%
14%
7 •"
7%
4%
4%
6 %
2%
2%
3%
3%
organization was c^ieornxeu wnn n
by the artist members. The design i ,.|lome cr>mlng" which was largely
selected was drawn by Mrs. P. A. ■ attended and brought together many
Zehringer, and very proudly did nf (he orjginai members. Hereford,
the active members wear their ua]hRrt, pampa, Higgins, Canadian,
gold emblems while the associates aIlfj other Panhandle towns
had to be content with silver ones. were represented.
The pin contest was followed by ...
I a song contest in which the choice During the years, the Pen Women
fell to "Land of Morning," the have worked and received encour-
I words and niiisic romposed by Mrs. agement and help from various
Mabel Christie Fish j sources. Stories from their pens have
The organization was growing appeared in such popular publica-
nnd everybody was enjoying it but ; tions as The American, True Detec-
! it had gradually become more of a | [jve stories. Outdoor Recreation,
social and less of a worker group. Modern Mcrhanic.s, The Cattleman,
To correct this tendency, new by- American Home, Western Stories, PERMIT
laws were written. One must have Homn and Garden. Rangeland Love. linc|ersjanccl j« nn aD.
sold something to become an active, p0pU]ar Mechanics, The Ladies' .. . _ " .. , . p v
! member and in order to sustain ac- Home Journal and other women's plicant tor a KcraM Liquor rcr-
I tive membership, one must write a magazines, farm periodicals and | mit from the Texas Liquor
I minimum of 30.000 words a year, j poetry magazines and anthologies i Control Board and hereby gives
Others automatically became asso- A few of the mCmbers, including notjCe by publication of such
stiff leg," Pace continued.
A novel way for dipping sheep
was worked out. by Mr. Pace by
placing a six-foot storage tank full
of water inside a ten-foot tank
five feet high. "A platform is then
built over both tanks after they
have been set secuiely into the
ground. An approach on one side,
as well as a splash-board on one
side of the approach, aids in the
successful operation of the system.
The theory r-f such a set up lies
in the fact that sheep will swim in
a circle much better than in a
straight line. Bv filling the tank
to within five inches of the top
the ewes are completely submerged,
although most westerns will swim
on out. and the sheep ran be dipped
without much trouble."
Mr. Pace follows the practice of
using purebred Hampshire bucks on
Rambouillet. ewes, although he lias
used the Corriedale to some extent,
in past seasons. The Hamps seem
to produce a more marketable lamb
than the straight white-faced sheep,
according to the New Mexico
rancher.
Looking Into the Matter
At the instigation of larger ranch
owners, Judge H. H. Wallace in-
Here Before City Born
A man who was in Amarillo before : Hatcher returned tn Fort Worth,
the town was organized and when • his home. Later he studied medi-
j there were but three tents in the | cine.
place, is now living in Lubbock. He
! went to the North Panhandle metro-
| polis in the fall of 1887 to help build
a bridge across the Canadian River
for the Fort Worth and Denver City
railroad, which was pushing its rails i structed the grand jury at La Plata.
across the Panhandle towards Colo- : f'rKt county seat of Deaf Smith
| ra(j0 | County, to investigate the unlawful
i He is Dr. A. L. Hatcher, a physi- carrying of concealed weapons.
cian, who has practiced medicine in When the jury returned to the
Texas for irfJin.v years. As a boy ' consultation room. District Attorney
he worked in railroad construction D. B. Hill unbuttoned his frock coat,
i camps to earn money for his educa- loosened his belt and swung a Colt's
j tion. ; -45 to the table, saying: "Gentlemen,
j "When I first reached Amarillo," j I reckon we had better look into this
i Dr. Hatcher recalled, "there were , matter. ' The 12 jurors, as one man,
I but three tents there and no build- ! unburdened themselves of their
| ings. They were located in a valley guns and left them on the table un-
j nort h and west of where the city j til the term of court ended.
now is located. One tent was oc- ; The jury returned no indictment
cupied by a grocery store, one by a for "pisk>l-totin\" S4 50_6 Medi.imweight and heavy
. restaurant and the third was oc- i — I slaughter calves carried a lower
; cupied by a family. SPEAKING OF DISTRICTS tone however, with closing quota-
"I ate in the restaurant for two Amarillo, county seat of Potter tions fully 50 cents under a week
weeks, while the rest of my party j county, is in the 47th tcriminali . ago, as fully a dollar lower than
went bark to Vernon to work on a Judicial District; the 108th (civili I early last week Scattered sales
bridge there. I remained to guard district; is the seat of the 7th on babv neef type heavies of choice
lumber ihat had been received for i court of civil Appeals District; is' description ranged up to $8-8.75
some stock pens. They were located | jn the 123rd Texas Legislative Dis- j this week, but the practical top on
south of where the Rock Island de- | trict; the 31st. Texas Senatorial Dis- ! good heavies at the close rested
pot, now is, riglv in what is now trict; and the ]8t.h Congressional at $7 50 Bull prices also dropped
'' * * District. '
had books published
the organizer of the group, have j
ler's \
story of Colonel Goodnight, "The proviS!
No-Gun Man of Texas," having
been adopted as a supplemental
reader by the Texas Text Book
Commission. Mrs. Minnie Timms
Harper and Mrs. Sam Isaacs also
published books. Stories, poems and
articles written by members have
, ciate members.
For three years. "Panhandle Pen
i Points," an official organ, was pub-
i iished quarterly.
. . .
| In July, 1024, the Pen Women as-
sumed the responsibility for nn Is-
sue of the Amarillo Globe and fill-
j ed 44 pages with the products of
; their pens. The financial success of
ihe issue gave them almost as much
of a thrill as a check from an ob-
durate publisher.
And then in 1027 a notable event
happened The Pen Women spon- | head of the fair's literary depart-
' sored a one-day. three-session lec- ment.
ture by Williard E. Hawkins, of Den-
ver, and another never-to-be-forgot-
ten day occurred in October, 1923.
when the organization brought, to
Amarillo Mrs. Blanche Y. McNeil, of
the Extension Department of the
University of Colorado, for three lec-
tures.
Back in the days of the organiza-
tion's infancy, the members had had
visions of a "Writers' Short Course."
Somewhat breathlessly, the Pen
Women launched the six-riav course
in June, 1931, with Mrs. Blanche Y.
McNeil as instructor. Forty-seven
interested persons enrolled and the
ardent enthusiasm inspired brought,
out almost perfect attendance at j
each of the two sessions held daily, j
u ■ application in accordance with
. Miss Hamners rr
modnieht "The provisions of Section 10, Houso
Bill No. 77, Acts of the Second
Called Session of the 44th Leg-
islature, designed as the Texas
Liquor Control Act.
"The Retail Liquor Permit ap-
plied for will be used in tlio
won many awards at the Tri-State conduct of a business at 124
Fair and Mrs. Carolyn Deason Tim- East 7th Street, Ar.iariilo, Texas,
mons. one of the organization's most j I Sianed)
consistent and prolific workers, Is
1 LONE STAR LIQUOR STORE.
Clarencp A. Willmering.
THE FINEST MERCHANT
DELIVERY SERVICE IN
THE PANHANDLE!
Phone
2-3344
Wp equipped to civ v." \i the best 1n Delivery
Service. A Motorryeln for speedy delivery of
-mall packages . . n fine, new truck for your
larger parkaues. Call us and save m-tney.
Raiev: lOr for 10 blocks — 15c aru where In
city limits.
Comet Merchant Delivery
(Bonded Liquor Delivery .Service)
44-,
41
35
IP
10
45
4'i
KU
11 U
10
down town Amarillo
Dr. Hatcher .■-aid he arrived in
Amarillo about October 15, 1887.
Work on the bridge began about
November 1 and it took Ihe bridge
gang two weeks to complete the
structure.
"We had to wait two weeks for
the rails to be laid up to where the
bridge was to be built," he said. "I
remember the contractor He was an
Englishman, A. S. Haynes. Later he
went to Fort Worth and became a
prominent man there. He was burn-
ed to death in the Cotton Pala33
fire and there is a statue to his
memory erected on the streets of
that city."
The foreman was J. Downing,
"from up north somewhere." The
doctor said he did not recall other
workers in the gang.
After the job was finished, young
On the A ir UJiih
Heat Forces Beef-Eating
Down Over United States
By WALLAf E W. GLADISIT
<Kansas City Correspondent)
The heat, wave extending over practically th^ entire United States during
recent weeks has held beef consumption to a minimum, and wholesalers haw
been forced to discount price levels sharply in order to move suppli< «. Recent
trading has bren extremely drag^y. even rtt the sharp declines «'i.'ected on
wholesale dressed beef quotations. The amount of decline at the major eastern
dressed beef markets during the last, four week* is shown in the following table
Steer carca-sses-
CHOICK:
400-500 pounds
MJO-fiOO pounds
fi00-700 pounds
700-800 pounds
noon:
400-500 pounds ......
500-600 pounds
fi00-700 pounds
700-800 pounds
MEDIUM
400-600 pounds
600-700 pounds
COMMON
400-600 pounds
Cow rareassrs -
Good, all weights
Medium, al! wei^htr.
Common, all weights
July 11, 1938
Current Prices
$18.50-19.50
16.50-20.50
16 50-20 50
16.50-20.50
$16 00-18.00 .
.... 16 00-1000
.... 16 00-18 00 . .
16.00-18.00 ..
15.00-19 00
15 00-10 00
15 00-19 50
15.00-19 00
.... 14 00-17.50 ..
14 00-18.00 .
14 00-18 00 . .
14 00-17.50 ..
14 00-18 00
14.00-18 00
.... 12 50-16.00 ..
12.50-16 00 ..
12 00-15.50 . .
12 50-16.00 .. .
12.00-n .io
11.50-14.00 ...
11 00-1.; 00
lo:.o-)->on
9.50-11 00 ,
Decline
$ .50-1.50
.50-1.50
.50-2.50
.50-2.00
1.00-1 50
1.00
1 00-1.50
1 00-1 50
1.50-2 00
1.50-2 00
1.50-2 00
l 50-2 50 I
2.00-3 00 |
SCNDAV MORNING
8 00— Highlights of the Bible, NBC
8 ..'10— Let's Waltz
8 45—Central Baptist Church
9 00—Piano Interlude
9 05- Old Pine Tavern, NBC
9 ;h) Madrigal Singers. NBC
10 00— Singing Strings. NBC
10 :50—Meridian Music, NBC
J1 oo First Baptist Church
St M) \V U TI I! NOON
12 Oil Mapie Key nf RCA. NBC
1 00 Bnacon M;ile Quartet
1 15—News
1 :30—Romance Melodies, NBC
2:00—Music Parade
2 15—Dance Medley
2:20—Home of Service
2:30—The World Is Yours. NBC
3 00 There Was « Woman. NBC
3:30— Jean Sablon. NBC
3:45—The Muster Builder, NBC
4.00—The Catholic Hour, NBC
4.30—Joseph Onllicchlo Orchestra. NBC
4:45—Pepper-Upper Dance Parade
5 00 — Oems of Mr Ind y
5:15—Christian Science Prn>jram
5 30—Boredom Bv Budd. NBC
SUNDAY EVKNINf*
6:00—Baseball Scores
6 05 World Varieties
6 30—Tip-Top
6:45—Federated Music Clubs
7:00—Rio Del Mar Orchestra. NBC
7 15—News
7:30— Margaret Harris, Piano
7:45—Church in the Wildwood
8 00—Grant Park Concert. NBC
8:30—Hollywood on Parade
8:45- World Dances
0 00- Conrrrt Under the stars
r> 30 Jack Motch Orchestra
9 45 Mime in a Sentimental Mood
10:00—SIGN OFF.
sharply, with the practical closing
u.,11. ~7icd/U!T! to good bolognas
I at $5.25-5.65, although weighty kinds
realized up to $5.75-6 early in the
; week.
Strictly choice quality, lightweight:
J stockers Hist about maintained a
.steady price hasis here this week,
but other grades of replacement j
! cattle ruled fully 25c and in places j
50c lower, and trading at times
was almost at a standstill. Occa-
sional loads of exceptionally fleshy
finishing steers brought $9-$!).50
I early in the week, and finishers bid
up to $9.50 on strictly high quality
fed grass steers weighing around
1.100 pounds near the close of this
week, but a spread of $7.75-8.75
secured the bulk of good to choice j
feeder-weight steers, and good to j
choic" "stockers were most numer- I
ous at $7-8.25. Good quality and j
fleshy roan stockers touched $7 ;
early, but $6 35-6.85 bought most .
of the medium to good reds and
roans, and kinds selling around |
the $6.35 to $6,50 spread were of a
useful typo. Common, off-colored '
and lightweight stockers were ex-
tremely slow with scattered sales
being completed at, $5.25-6. Good
to choice stock steer calves sold
largely at $7.25-9—several loads of
It was not, until February, 1933,
that the Pen Women again ven-
tured to put on a short course.
Then, six days under the tutelage
of Frank Clay Cross, writer and
teacher of Denver, reawakened the
old ambitions and brought forgetful-
ness of the discouragements of de-
pression days. Again in April, 1934,
lightweights at the top price—and
similar quality heifer calves usually
made $6.50-8 Plain to good quality
stock heifers were numerous at
$5-7.15 in a slow trade, and several
loads of well-bred, fleshy feeding
heifers brought $7.25-7.50. The
majority of stock cows moved slow-
ly on a spread of $4.15-5.50, with
several loads of good young cows at
$5.25-5.50 selling in conjunction
with lightweight, $9 stock steer
calves.
I.tmirinus apartment—hole!
rnnvcnientlv located in the
heart of the smart WiKhire
dMriet. It-
pert service.
moderate tar-
iff. 1355 Wil-
shire Blvd.
LIST FOR SALE
LEASES. ROYALTIES. DRILL-
ING BLOCKS, FEE LANDS, OIL
FIELD EQUIPMENT
Public Auction Friday,
September 30. 1938
Convention Hall. Tulsa, Oklahoma
For lUstine blanks and other informa-
tion, wire or write
Auction Board of Trad*
507-50f Rif7 Building
Tulsa, Oklahoma
President Auctioneer:
Earl Snced Col K Walters
WE HAVE BUYERS
A Better
PLUMBING
SERVICE
for 19 years
JACK WHEATLEY
Phone 9187
AMARILLO, TEXAS
Pioneer Firm of Panhandle Since 190?
LITTLE
iwlLLIE'?
SlXxYEARS
OLP/
BUT,LITTLE
iWILLIE
CAUGHT*
A.COLD/
V4ISvTHROAT4
•WAS VERY
SORE SO
MA/,,
LOS ANGELES
S Al D * WE'LU.H AVE
TO'GET HIAAISOMETHI/^G
PAV > — >
RUNjjRiGHT
Down to'
HERBERT
^ORUG-
COMPANY
mother's pet's
|60T TO^GET vjei.L
O
M
n'l
if
nl
rlJ
fill
sl
til
rr|
ril
I
r|
Tl
xif
RM
fl
b;|
C|
r|
if
fr|
r I
a|
r
n I
11
AI
Ir!
11
4
(I
2,|
' 1
o«
,1f|
fl
hi
11
4 |
n I
pi
ril
n I
fH
nl
i I
3<j
f.l
hi
I fH
hi
nl
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Amarillo Sunday News-Globe (Amarillo, Tex.), Vol. 13, No. 33, Ed. 1 Sunday, August 14, 1938, newspaper, August 14, 1938; Amarillo, Texas. (https://texashistory.unt.edu/ark:/67531/metapth299921/m1/12/: accessed April 30, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Hutchinson County Library, Borger Branch.