The Abilene Reporter-News (Abilene, Tex.), Vol. 75, No. 1, Ed. 1 Friday, June 17, 1955 Page: 3 of 30
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3-A
THE ABILENE REPORTER NEWS
Abilene, Texas, Friday Morning, June 17, 1955
THE WAGGIN' TONGUE
By BOB COOKE And DUANE HOWELL
Cattle Market Steady; Run
This Week Climbs Again
M
Hat Bar
street level
Some Eastland, Rising Star Farmers
Will Have to Replant Peanut Crops
Farmers in a narrow belt from
Eastland to Rising Star will have
to replant peanut and other crops
for the third and fourth times this
year after Wednesday night's rain
and hail.
Damage to crops in the county
as a whole, however, is believed
to have been relatively light.
"We haven’t had time to make a
complete check, but I don’t think
we're too badly hurt." Assistant
County Agent R. S. Higgins said
early Thursday.
Higgins estimated that "a good
half to three-fourths" of the coun-
ty missed the hard rain and hail
that damaged buildings and trees
in Eastland. Farms and orchards
around Cisco and Ranger were un-
touched by the storm.
"There's still plenty of time to
plant peanuts and we have plenty
of moisture, so things still look
pretty good,” Higgins said. Pea-
nuts are Eastland County’s major
cash crop.
Rain and hail Tuesday night
"literally ruined all the crops."
around McCaulley and Rovston, Er-
nest Webb, who farms five miles
northwest of McCaulley, said.
"I don’t know how much rain we
had, as all the gauges around here
were destroyed.” Webb wrote.
"But it must have amounted to at
least five or six inches.”
Webb’s rainfall for the year be-
fore the last rain was 9.80 inches.
Five other rain reports came in
Thursday on Tuesday’s rainfall,
with only one of them reporting
More Farm News
On Pg. 13- B
any crop damage.
W. C. Breeding said 2 5fl-inches
rain on his farm three miles south-
east of Oplin destroyed newly
planted cotton, but only "moder-
ately” damaged other crops and
cotton that was up to a good stand.
B. D. Loving recorded 1.20 inch-
es on his place 15 miles southwest
of Breckenridge. "Grass is fine
and stock water plentiful,” he
wrote.
Mrs. John F. Downs termed the
1.30 inches of rain which fell on
the Upsan Downs farm 10 miles
northeast of Abilene a "wonder-
ful rain.” She said "some” wind
and hail accompanied the cloud.
Rainfall for the year on the Up-
san Downs farm totals 14.72 inches.
Albert Thane had .91 of an
inch on his farm a half mile north-
east of the Paint Creek School in
Haskell County. This brings his to-
N. E. Sherrod received an inch
tal for June to 2.14 inches.
on his place six miles southeast of
Albany.
At least one rancher near Al-
bany has had very little runoff
from recent rains.
Henry Jameson, who lives in Al-
bany and owns a ranch in the Mid-
dle Clear Fork District southwest
of town, says deferred grazing on
his pastureland has enabled him
to build up a nice covering of grass
which has held practically all the
rain that has fallen.
AT A GLANCE
NEW YORK (—Markets at a Glance:
Stocks— Higher; aircrafts and metals in
demand.
BondsIrregular: governments decline.
Cotton—Mixed; liquidation and hedging.
Wheat—Weak; limited demand.
Corn—Weak; off with soybeans.
Dats—Easy; light trading.
Heo-25 to 50 cents higher; top $22.00.
CattleSteady to 50 lower; prime absent.
IN THE SPOTLIGHT
Livestock
FORT WORTH
FORT WORTH un—Cattle 1.800; generally
steady; medium and lower grade steers
and yearlings 12.00-19.00; fat cows 11.00-
14.00; eanners and cutters 7.00-11.50; bulls
10.00-14.25; good and choice slaughter
calves 17.00-20.00: culls 9.00-12.00; stocker
steer calves 15.00-22.00; stocker steer year-
tings 14.00-21.00,
Hogs 250; butchers mostly 25 higher;
choice 1 and 2 grade 190-240 lb hogs 21.00-
25; few 242-280 lb hogs 19.00-20.75; 165-180
lb bogs 10.00-20.75; sows 12.50-18.00.
Sheep 2,500; good and choice slaughter
spring lambs 21 00-22.00; utility 17.00-20.00;
good and choice 80-90 lb slaughter lambs
and yearlings 16.00-17.00; good shorn 2-
year-olds and aged wethers 12.00; spring
feeder lambs 15.00 down.
SAN ANTONIO
KAN ANTONIO un—Cattle 400; three
loads of fed steers bought to arrive at
2200; few canners and cutter cows 8.50-
11.75; other classes too scarce to test
market.
Hogs 50; choice 175-240 lb barrows and
gilts 20.50; odd head choice around 310 lb
sows to 18.00.
Sheep 100, not enough to test market.
Goats 200, one lot slaughter kids about
steady at 4.00.
CHICAGO
CHICAGO (—Hogs 7.000; 35 to mostly
50 higher; choice No. 1 to 3‘s 180-240
lb butchers 20.75-22.00, new high since last
August; most 250-270 lb 19.7 5-20.75; a few
280-310 Ib 16.25-19.75; sows 13.00-18.25.
Cattle 2,300; slaughter steers, heifers
and cows steady to 25 lower; good to
high choice heifers and mixed yearlings
18.50-22.50; cows 11.50-15.50: bulls 14.25-
16.00: good and choice vealers 18.00-23.00;
cull to commercial 10.00-17.00; two loads
good 1.130 lb feeding steers 19 00.
Sheep 700. spring lambs mostly 50 lower;
slaughter sheep steady, choice and prime
spring lambs 100 lb and down 25.00-25.50;
cull to low good 16.00-22.00; good and
choice shorn lambs 85-100 lb with No 1
pelts 18.50-20.00; shorn slaughter ewes
3.50-6.00.
KANSAS CITY
YOUR
Nancy Jo Adian of Fisk is one
of the four Texas delegates at
the National 4-H Club Camp being
held in Washington, D. C. this
KANSAS CITY —Cattle 550, cows un-
evenly steady 50 lower; bulls steady . uti-
ity and commercial cows 11.50-14.50; can-
ners and cutters 9.50-11.00; bulls 14.00
down, good and choice vealers 18.00-20.00.
Hogs 1.200 ; 25 to mostly 50 higher,
choice 1 to 3 grade sows steady to strong;
around 330 lbs and heavier 14.25-15.75.
Sheep 500; steady to 50 higher: good to
prime spring lambs under 100 lbs 24.00-75;
shorn slaughter ewes 3.00-5.00.
CLOTHES
Never stop talking about
you—and you should keep
them spic and span by
sending your cleaning to
Neely - Barnes Cleaners,
1210 Pine Street!
Suits, C & P.. 856
Pants, C &P..50€
Shirts, C & P. 40€
LADIES
Suits.......856
Dresses From .... 85€
Blouses..... 50*
Skirts.......50*
week.
Miss Adian. one of the state’s
outstanding 4-H Club members, is
the daughter of Mr. and Mrs. R S.
Adian She and the other three
club members were honored for
| their achievements in 4-H Club
I work at a dinner in Dallas Tues-
| day, then flew to Washington early
Wednesday
United Gas Pipe Line Co . in
cooperation with the Texas Agri-
cultural Extension Service, spon-
sors a 4-H junior leadership pro-
gram which annually awards 148
expense-paid trips, including trips
to the national camp, in recogni-
I tion of outstanding achievement in
4-H activities.
Grains
CHICAGO CASH
CHICAGO (—Wheat: None. Corn: No 1
yellow 1.4992. Oats: No 1 heavy mixed
77%.
CHICAGO
CHICAGO —
WHEAT
High Low Close
mber
COHN
==
March
OATS
July
N r
be r
March
LARD
July
Septem ber
October
November
December
2.04%4 2.03%
202 2.00%
1.95% 1.93%
1.335
1.36%
1.42 1.4246-1
1.40% 1.40%
1.33% 1.33‘s
67 66% 66%-
66‘s 654 65%
6841 58’ 68’6
12.65 12 02 12.55
12.90 12.80 12.80
12.67 12.57 12.67
12.00 11.87 11.92
--— 12.42
FORT WORTH CASH
All other items proportion-
ally priced. Remember!—
You don't only save on
quality cleaning, but with
each dime spent you re-
ceive
44
GREEN STAMPS
CLEANERS
1210 PINE
Miss Adian, who will be a sopho-
more next term at Texas Tech
College where she is studying
home economics, has been a 4-H
Club member for nine years.
During that time she has held
every elective office in her local
I club, including two terms as club
president. Last year, she was nam-
ed co-chairman of the Texas 4-H
Council.
Other significant awards she
| has earned include a trip to the
I National 4-H Club Congress in Chi-
cago, the Texas Home Demonstra-
| tion Association's Maggie W. Bar-
ry Scholarship, the Gold Star
award and numerous other honors
I and medals.
Her parents have been adult 4-H
leaders in Coleman County for the
past 10 years Miss Adian has a
younger brother and sister who
take active part in 4-H Club work
Other delegates to the camp are
Margie Sellers of Whitesboro,
Tommy Elledge of Mabank and
Roy J Milhoan of Wildorado.
During their visit to the nation's
capital, they will join other club
members from throughout the Unit-
ed States in learning functions of
the government, visiting with
members of Congress and other
high officials, and seeing many
historical shrines, including Mt.
I Vernon, which will be reached by
I a boat trip down the Potomac.
FORT WORTH (—Wheat No 1 hard
2.50%-601. Cora No 2 yellow 1.8112-8312n.
Oats No 2 white 95-1.00n. Sorghuns No 2
yellow milo 2.35-45 per 100 pounds. N
nominal
they’re gay - festive - charming
Cannon Printed Combspun
Percale Sheets - Pollowcases
Lovely gifts for Brides . . . They're new, they're
delightful, these Rose Spray printed percole
sheets ond pillowcases, in delicote floral prints.
The sheets are solid color percale with herns
of rose spray print in harmonizing tones...
the flowered pillow cases match the hems.
In the popular pastels, Colorfast Cannon
Combspun Percole pink . . . yellow
|1 x 108" Sheets
42 x 38V" Coses
. . . green . . . aqua.
.....4.49 ..
.98.
Spring's Candycale
Striped percale sheets
and pillowcases in
pink, green, yellow, blue
11 * 108" Sheets
a2 . MH” Cese
..... 4.49 -
.......1.95..
NEW YORK uh - Sales, closing price
and net change of the eight most active
stocks today.
Jacobs, FL. 96,300 844 off 4
Ashland 011 76,800 lo’s up 144
Bell Aircraft 33.300 30%4 up 1s
ACF Brill 27,800 9 up 44
Colo Fuel & Iron 24.100 28% uo %
U.S. Steel 21,400 49% otf %
Monterey Oil 20.500 31 off 4
American Radiator 20,400 *26% up U
Financial
A
NEW YORK STOCKS
1 Tel & Tel
hison T&SF
ed Press
28% 2844 28%
184′6 18342 184%
14744 146% 147%
1434 142% 142%
17 16% 17
78% 779s 78
58% 577s 58%
20512 2044 205%
87% 86% 87%
19 Braniff Airways
145 Chrysler ...
60 Dow Chemical
32 Du Pont
13 Freeport Sulphur
178 General Electric
197 General Motors
44 Greyhound
38 Gulf Oil.
2 Houston Oil
60 Int Harvester
4 Mo Kan Tex
83 Montgomery Ward
44 Ohio Oil
12 Panhandle Oil
6 Penney, JC
35 Phillips Petroleum
5 Plymouth Oil
49 Radio Corporation
23 Sears Roebuck
113 Sinclair Oil
32 Socony Vacuum
48 Southern Pacific
82 Standard OU NJ
26 Texas Company
107 Texas Gulf Prod
58 Texas Gulf Sulphur . 434
35 Texas Pacific C&O 55
26 Tide Water As 33%4 324 3344
47 Inion Carbide 9924 99 9946
217 U.S. Steel 5044 495s 4944
STOCK AVERAGES
Compiled by The Associated Press
Indust Rails Util 60 Stks.
Net change A .5 D.5 unch A.1
Thursday 233.3h 137.0 73 2 170.7h
H—New 1955 highs.
Prev. day 232.8 137.5 73.2 170.6
Week ago 228.2 135.6 72.9 168.0
Month ago 218.5 132.5 71.9 162.4
Year ago 169 9 94.2 60.2 125.8
AMERICAN STOCK EXCHANGE
By The Associated Press
15 Electric Bond & Sh 30 2912 29%
8 Humble OU 891 8812 89
NEW YORK BONDS
By The Associated Press
Atchison Topeka & Santa Fe 4s 95
St. Louis San Francisco 4%as 2022F
15% 15% K
79% 79′6 7912
124 223 124
40% 39% 39%
13‘s 13% 13%
80 7948 80
36% 36′6 36%
10% 10% 1044
99 9742 99
78 774s 77%
4044 4044 4012
54 534s 54
9144 9042 91
58% 58% 584
50 584s 584
<1 614s
129 1194s
98% 99%
2912 30%
42% 43%
544 55
32% 33%;
Cotton
119
103
NEW YORK. June 18 — Cotton futures
charted an irregular pattern in mixed
trading today. Final prices were 81 a bale
higher to 30 cents lower.
Increased short covering in nearby July
paced a brisk rise near the close and
influenced rallying tendencies in the bal
ance of the market However, March and
May futures lagged throughout the trad-
ing. partly on Liverpool selling.
Professional traders also sold those de-
liveries against buying of distant 1958
crop months, with the far off distant
December show ing the widest gains for
the day. Mill buying helped the upturn
in futures.
Futures closed $1 a bale higher to 30
cents lower than the previous close.
High Low Close
34.20 34.02 34 18-30
34.25 34.17 34 17
34.29 34.23 34.23
34.23 34 18 24.21
34.30 34.25 34.26
33.65 33.55 33.61
33.15 32.98 33.15
33.0S 33 02 33.04m
July
October .
December A...
March
May
July
October
December 33
Middling spot 35.05m
N—nominal
Vetoes Bill
AUSTIN. June 16 d—Gov. Shiv-
ers vetoed today a bill by Sen
W ayne Wagonseller of Bowie that
would have continued the office of
county superintendent of public in-
struction in Stephens County Shiv-
ers said the attorney general held
the bill violated the Constitution’s
restriction against “local level"
legislation.
NEW ORLEANS Fl TURES
NEW ORLEANS V - Cotton futures
closed 80 cents a bale higher to 15 cents
lower.
High Low Close
July...............34.12 33.97 34.10
October 34.24 34.19 34.24
December ......34.31 34.24 34 28
March ..........34.C2 34.37 34.37b
May.....34.31 34.26 34.27b
July ..'. . 33 85 3151 33.61b
October , 33.10 32.92 33.09
B—bid Spot cotton closer’ 50 cents a
bale higher Sales 554. Low middling 30.50;
middling 34.00: good middling 34 40 Re
ceipts 3.345; stock 177.883
TEXAS EPOT
DALLAS 'FL Middling spot Eutton 33.45,
Houston 33.90, Galveston unavailable.
Wool
NEW YORK, June 16 on — Wool tops
futures closed .5 of a cent lower to .7
of a cent higher. July 175.7; Oct. 176.4:
Dec. 174.6; March 173.0b: May 171.5.
July 169.7b: Oct. 168.2.
Certificated spot wool tops 178 On.
B—bid; N—nominal.
Approximately 1,300 head of cat-
tle were sold on a steady market
at the Abilene Livestock Auction
Thursday to bring the total re-
ceipts this week to 2,900 head, the
largest run in several weeks
While prices on all classes of
cattle remained fully steady with
last week, the hog market contin-
ued to move upward. Hogs topped
at $2120 Thursday and the best
lots consistently drew around $20.
About 125 hogs were sold Thurs-
day, bringing the week's total to
225, another extra-large run.
Choice and good dry lot fat
steers Thursday sold for $20 to
$22 50 and mediums and commons
for $19 to $21.
Grass fat steers and heifer year-
lings of choice and good kinds were
priced at $16 to $18; medium and
commons at $15 to $16.
Choice and good fat steers and
heifer yearlings cashed at $18 to
$20: medium and commons at
$16 to $18.
Prices on choice and good stock-
er steer and heifer yearlings rang-
er around $17 to $19 and on me-
diums and commons around $14 to
$17.
Choice and good cows brought
$12 to $14; canners and cutters.
steer. 340 pounds. $13.80.
Jack Davis of Rule, Wf. heifer. I
480 pounds, $12.75.
Sid Foy of Baird, Wf heifer.'
430 pounds, $19.70; three Wf steers,
Avg. 449 pounds. Avg $15.27.
S. P Horn of Coleman, Blk.
bull. 725 pounds, $13.50.
Jack Kelley of Hamlin. Rn heif-
er. 615 pounds. $21.
Jim Miller of Cross Plains, Jr.
cow, 680 pounds, $10.60.
J. H Rucker of Abilene, Jr
bull. 1,105 pounds, $13; Jr. cow,
830 pounds, $9.90.
F. B. Rogers of Stamford, Wf.
cow. 920 pounds, $10.40; Wf. steer,
475 pounds, $17.60.
R. B Smith of Novice, Rn. heif-
er, 640 pounds. $16; three Wf.
heifers, Avg 566 pounds, Avg. $16.
$16.
A. G. Waggoner of Baird, Rn.
cow and calf, 775 pounds, $115 a
pair.
Dick Young of Baird, two Wf.
steers. Avg. 672 pounds, Avg. $17.30.
Vw,~UR
Both in fashion and value
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* • Pique
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Stitched version of the sunbonnet, brought up to dote in
white pique, or linen in block, white, or noturol, and all
summer colors. Perfect for summer clothes.
! A1A
$8 to $11.
The best stocker cows were
worth $10 to $12 and the lower
classes, $9 to $11. Cows and calves
drew from $85 to $145 a pair.
Choice and good slaughter calves
moved at $20 to $22; medium and
commons at $16 to $20.
Stocker steer calves of choice .
and good kinds brought $20 to
$21.50; medium and commons. $14
to $18.
Butcher and bologna bulls sold
for $12 to $15: light and stocker
bulls, $11 to $13.
Following are some of Thurs-
day’s representative sales:
William Betcher of Ovalo, Rd
heifer, 535 pounds, $19.30.
J H. Carter of Anson, Wf. bull.
1,150 pounds, $13.60.
W. H. Carter of Hamlin, Jr. cow.
760 pounds. $9.30; Blk. steer, 415
pounds, $15.60.
E. J. Cooley of Hawley, four
Rd. bogs. Avg. 186 pounds, $20.70.
C. T Drake of Hamlin, Blk.
heifer, 470 pounds, $17 60; Brn
Profil-laking
Cuts Progress
NEW YORK, June 16 * - The
stock market edged up to another
new record high mark today but
had some trouble doing it.
Profit-taking appeared late in the |
session and continued to the close
with enough force to cut back the
market’s progress considerably.
Aircrafts and nonferrous metals
had the biggest hand in sending ■
the market ahead, but their per-
formance was dimmed by late sell-
ing. Railroads were down at the
close. ,
Produce
TEXAS POULTRY
AUSTIN (—Poultry steady. East Texas -
and Waco 21-3 lbs 27, South Texas 28. A
CHICAGO
CHICAGO U—Butter unchanged; eggs
unchanged, U.S largo whites 36.5. i
18th CENTURY
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The Abilene Reporter-News (Abilene, Tex.), Vol. 75, No. 1, Ed. 1 Friday, June 17, 1955, newspaper, June 17, 1955; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1653766/m1/3/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.