The Times from Shreveport, Louisiana • Page 13

THtRTFFN THE SHnEVF.PORT TIMES. SHRFVF.rORT. T.A WFPNESDAY, Zi. 13lfl YOUR MORNING NEWSPAPER COTTON PRICE REMAINS NEAR 7 SAME LEVELS How Large Are Present Year's Crops Compared with Average 1929-1938? STOCKS STILL INACTIVE FOR 19TH SESSION "Barpain-HuntersM Shop Through List; Some Gains Recorded STAMPS, TEST GOES AHEAD IN SALT WATER AT 2,900 FEET ETEX LEASE ACTIVITY UP TOBACCO WHEAT AUGUST STATE OIL RUNS CUT 5.751 BARRELS RYE PEACHES Operators Are Wailing for Developments in War Abroad i Waskom Area Abney Cl Is Basis of Interest in Section Kew York. July 23 (p).

AH busl. North Louisiana Fields Reduced 503 Barrels in New Order OATS CORN POTATOES GRAPES tiu today' cotton futures market was within a narrow price range and final levels were unchanged to 3 points higher. The narrow swing reflected a very mall Interest cn the part of the trade and professional operators. New York, July 33 (U.R)-Tha atock market Idled through another dull session today, "Bargain-hunters" shopped through the list for selected Issues. Sizeable gains were recorded In a number of these specialties, but the established market leaders drifted almlealy to finish virtually unchanged for tha 19th consecutive day.

Uncertainty as to the outcome of Germany's long-threatened Invasion of the British Isles, and concern over the acope of the administration's Marshall, Texaa, July 23 (Special) Stamps, July 23 (Special). East Texaa Refining company' No. B-2 Judy Bell in jectlon 19-18-i3, Lafayette county, In the Lewlsvllle field, was drilling ahead today at 2,900 feet in silt water. Cores taken at feet showed oil aand and ahale. A later core taken at feet encountered the salt water jione.

The oper-ators expect to drill to around 3,500 feft for better saturation. Atlantic Reflnlnga Bodcaw Lumber company No. 2. section 29-17-23, in the McKamle area, eight miles aouih of Stamps, was drilling ahead at 2,500 feet In chalk. J.

and J. Oil company's Barnea No. 2, section 4-18-24, located two miles north of Lewlsvllle, waa ahut down and no reason given. A apurt In oil and gaa leaae activity in several aectlona of Harrison county waa reported Tuesday with encour agement to mile-deep oil production given by the showing of the Arkansas Louisiana Oaa company No. 1-C national defense tax program still stalled the market.

AVERAGE COTTON PRICE Orleans, July 23 (ff). The average price or middling l.f-16 Inch cotton at 10 southern spot markets today was unchanged at 10.2H rents a pound. PEARS RICE BARLEY Abney, Shandoln survey, a southwest outpost operation in the Trinity aeries wet-gM field In tha southeast portion HAY ft of the county near Waskom. One transaction involved a ls-acre tract and stipulated starting of a well New Orleans, July 23 W)- A crease of 5.751 barrels In the dallj oil production In Louisiana foi August compared with tha July allowable waa announced tonight IB the monthly order by State Con-servatton Commissioner B. A.

Hardey A dwltne was shown in both Nortt and South Louisiana Th grand total for Louisiana was set 274.620 barrola dally for August compared with the July limit of 280,371 barrels. South Louisiana was assigned a de crease of 5.248 barrels with an August; figure of 214,736 compared with (junta of 220,011 for July. North Louisiana fields wera given a cut of 503 barrels under, the August proration of 59.857. The July figure was 60.360. The daily allowable by fields for North Louisiana in August followa: Cotton Valley 9.657 DRY HOLE HIT IN BISTINEAU on or before Jan.

17, 1941.. The lease waa taken by W. D. Corder of Pho- f(VsfrM frt Meaia llppl, W. Va from Opella Wilson and Is in tha W.

M. Brookfleld survey, in tha Waakom area. Term la for 10 yeara with 50-cent rental. DAILY COTTON TABLE They stlU were watting for develop-lYients In the expected "battle of England." Mill buyers were credited with tak- iteg several thousand bales of December for price fixing. Wsll Street wmmlAslon houses were reported sellers of a moderate line of October for trade Interests representing undoing of hedges against acquisition of ctual cotton.

Turnover In cotton textiles was mall, Worth Street brokers reported, Exports Monday 70 bales; season far Port receipts 8,106. Port stocks 2.472,813. Range follows: The British pound sterling ruled about ateady In relation to the United State dollar aa reports from London Indicated that tha "free" market for sterling will be continued here for several weeks. Business news today consisted principally of corporation earnings re-ports for the second quarter and first half of this year, and most wire favorable. Douglas Aircraft reported that earnings for the half-year ended May 31 were more than double the corresponding 1939 figure and Its stock advanced li points to 89.

Norfolk and Western stock spurted 4 points to 204 on eatlmatea indicating that the regular annual dividend requirements were more than covered in the first six months of this year. Steel, motor and aviation leaders did little, although most shares In these sections managed to finish around their prevloua closings. In the same area, E. M. Dealey of Dallas leaded 209 acrea In the Brook- ArKaiuaft' Thomas VA Hits Salt Water; Well Abandoned Expll GRAIN MARKET IS UNSETTLED; HEAT BLAMED field and R.

Ferguson surveys, from ding .75 .70 Bales 50 Hernia 1.438 9,290 12 to 15 miles southwest or Marahall. Westward In the J. Ferguson sur 70 10.40 Port Movement-New Orleana Oalveaton Houston Mobil Savannah Charleston Wilmington Norfolk Haltlmore New Tork Koaten Corpus Chrlatl Minor Porta Slorkt SM1.HM ft48.ini' i 00.095 35.6K.1 0,091 13.999 597 J.oon 2,99:1 vey In western Harrison, Jesse Floyd leased 26 acrea from O. C. Perkins Term la for 10 yeara and the Instrument carried a notation that all rentals are paid.

Open High Low Close Lisbon' 1... Shreveport 4.300 Rodessa 19.000 Remaining fields 59.857 Total North Louisiana 59.857 Grand total atate of La 274,620 30 In the Blstlneau area of Bienville parish yesterday the Arkansas Thomas C-l was abandoned at 5,368 feet after aalt water was encountered. In the same area Unlted's Havls unit was drilling at 5.150 feet. Near Waskom Arkansaa' Abney D-l, 10 644 From eight to 10 miles northeast Whrat Price Unchanged to 1-2 Out Higher Than Monday of Marshall, Devonian Oil company of Tulsa dropped leaees on 285 acres Oct. Te.

Jan. March May.l 0.28 0.15 9.06 8.05 8.76 P. 30 0.27 S.18 0 14 0.18nO2 0.O6 0.06 0.OBnO2 8.97 8.03 8.07-03 8.77 8.75 8.78n01 In the J. B. Townaend survey, taken Simpson Holloway survey, waa drill NKW VORK STOCK ARK FT New Tork, July 23 (T).

Following Is a selected list ef transactions In the New Tork Stock Msrket: Total Today Total For Week from Dr. O. M. Heartjslll et al in 1939 and 104 acres in the Samuel Stinaon survey acquired from M. L.

Molhuscn. BNomlnal. Spot nominal: tech) 10.43. middling (15-18- Sales In 100a High Just over the Harrison boundary in 1 148 14 29Vi eastern Upshur county, Oulf Oil Corp. ing at 2,431 feet in shale and lime.

In the Olla field of LaSalle parish Arkansas' Oandy No. 1 was testing at 2.256 feet. Unlted'a Karslake No. 1 was WOC. Ohio's Taylor unit No.

15 In the Haynesvllle area was coring sand and shale from feet. In Union county, Arkansas, Stan Low T48 28 941 12'i 14 104 SHREVEPORT See It Grow, Day by Day Bank Hearings Bank clearings for Shreveport Tunsday totaled 805,442 80. Property Tranafers The following transfers of property were recorded Tuesday at the office of V. G. Simmons, district court ion 70 1,172 io.ft.19 .151 7.7G,294 ft 415.711 Mldlng Rerpia Shpmts Falea 10.50 7,115 9.579 1.518 1 1 .30 590 4t 20 :,9 10 35 47 91 11.60 Jafj 10.40 11.00 8.410 10.SOJ 1,967 Sloeka 49 4.

93 112.75S 4.374 1 A I Chem A Allij Ch Am Can Am Fdy Am Meial Am Boll Mill Am Smell A Total For Season Interior Movement Memphis Augusta, St. Loula I.lttls Rock Delia Montgomery Atlanta leased 31 1-7 acrea in the William Murray survey from lVoram Orma and A. E. Orma. The lease Is In the vi 95'i 13H 14 10H 35 i HREVffl'nRT COTTON Closing Spot mm Cond middling- trlrt middling Middling Strict low middling cinity of where A.

C. McGahhey of Itl 1 00 i.so 35 Am ft 4 159 159' Am Woolen dard's No, 1 Zimmerman waa still Tyler la atartlng drilling at No. i Ludte Turner, wildcat test in the A. Butler survey. Low middling no Good ordinary 7.

50 Total Today Chicago, July 23 (T). The final day of trading fci July grain contract plus continuation of the heat wave served to unsettle the grain market today. Prices of all grains dipped nervously with July deliveries of wheat, oats, and soy affected adversely and the July rye delivery bounding upward. Wheat closed unchanged to rent higher than yesterday's finish after hanging lower most of the session, September 73 December 74-Ta, and corn was Vj cent lower to higher, September December 564-g, oats off, rye unchanged to 2 up, soy beans cents lower, and lard 10-13 cents off. Ksngt of I'rlcra n-Nomlnal.

WOC. Standard's No. 2 Sturgis near Fouke was waiting on pumping unit and the No. 8 Sturgis waa WOC after sotting 9-lnch casing to 218 THE WEATHER Close T43 29 9 5 '4 12- 14 1094 35 1591 19 16H 30 4 274 76 19 't 6'. 24 4 65, 9 99 U'i 60 'i (9 Market at a Glance Bond Market feet.

The latter well Is an offset of I nlUd Ulates Department ef Commerce. the No Sturgis L.a 14 1 1 tm is as 1 Receipts end fthtpmrnti Herelpts Tueaday this day last year ihlomenta Tueedar rThla day lint year Total reeelpta to dat To date last year fhlpmenta in date To data last year Ptnek nn hand Tuesday This day last year Itl 0 IS" 0 .109,517 55.215 59.9U 75.143 18 154 20 i 74 27 76 194 6 '4 246 (36, 6 9 1'4 33t IS1, 8 19 168 21 8 2794 76 19 4 6S 64 6 '4 9 '4 29 1864 604 7 69 'i 13 II 14 41 19 21 97 12 clerk: Louisiana Reaf Estate and Development Company, Inc to MLsa Loretta M. Sterbenz, east 45 feet, lot 13. block Thornhlll aubdlvlaion, with. Improvements, for 14,050.

A credit transaction. HOLC to Maceo Boyd et UK, lot 8. Cedar Gardens subdivision, with improvements, for 1 1,000. A credit transaction. First Federal Savings and Loan association to H.

C. Greathouse, lot 222 and 223. Caddo Heights, with Improvements, for $2,000. A credit transaction. Building Permits In Claiborne pariah Unlted'a Mcadowa A-l waa building a new derrick and rigging after having been forced to skid over after a faulty prevloua location.

In Shelby county, Texas, Unlted's Qarrett A-l waa drilling at 3,457 DAILT Wr.ATI1F.ll Bri.LF.TIN Shreveport, July 23. (Forecast Vnlll 4:30 m. Wednesday! Shreveport soil Vicinity Wenneedsy psrtlv cloudy. Continued warm Louisiana Wednesday partly elotidy. aca tiered thunderahowera southweat por- fl'ednaariav local thunder- New Orleana Cotton Fntnrea New Orleana.

July 29 (Pi. Cotton futurea were Irregular here today with trad tiuvtfiar offsetting hm.r weather In the t)lt. Closing" prices were steady, 1 to 3 showers northwest portion and north central portions 60 '4 '4 67 i East Texsa wennesnsy local munmr- NEW YORK Plorka Mixed; prlre rhangra nnrrow. nnnils Stood gome rail Improve. Foreign Echangf Otill; "free" Rrlllsh pound up half a rent.

Cotton Narrow; hedging; trade and spot house buying. Sugar Str-ady; short covering. Metaltt Easier; ncrnp ropper lowered 'K of a rent. Wool Tops Lower; lornl felling. CHICAGO Wheat Steady.

Corn Irregular. Hoga Lower. Cattle Strong. New York, July 23 The bond market backed up for losses of small fractions on the average today. Trading was quiet and many Issues ended unchanged.

A few rails benefitting from apeclal news developments made some progress, in early dealings but proIt taking blotted out most of the advantages. Transfers of $3,503,200. par value, compared with $3,007,000 on Monday. Foreign dollar bonds closing lower by 1 to 4 points lnclrded Japanese at 82 'i Milan 6g at 31 German 7s at 21J. U.

8. governments were 8-32nds higher to that much lower. showers near upuer coast. OIL PRODUCTION 156 "i 156 '4 10 1S7' 1 21 points net higher. Open High 9 S3 9 SS Tve Ml 50 Low 9.90 f.17 GAIN IS MADE IN W.

P. Leary, 1031 Hollywood street. Oloaa Chge 35 1 9 Tib 91h 393 32 92b NATION FOR WEEK bwiid a one-story frame dwelllnj I 99 8 83 I 99 I 10 Anaconda A ft SF All Kefin Aviation Corp Marnadall Oil Rendlx Avlat Beth fiteel Borden Cal ft Hee Cerrn de Paa Chrysler Col (1 ft F.I "nml Solv Cnmwlth ft 8ou Consol Oil Cont Can font Oil Pel Corn Prod Curtlss Wright Doug Aire Pu Tont Kl Auto Lite Kl Pow ft Freepnrt Bulph Cen Flee len Food C.en Motors Good ear Hi Nor Ry pf Hotid Her Houston Oil 4-tnwa Sound Hudson Mot Hupp Int Harv Int Hydro Kl A Int A Johna Many Kennecott Cop Lockheed Aire Loews Marshall Field Marshall Ward Nash Kelv Rise Nat Dairy pr Nat Distil Nat Pow ft Lt NY RR Amer Co Nor Pac Its 9.99 May 30 tW I. ft lb b-BW. WKATHF.R rONniTIONS Ths southern slates are under the Influence of an area of hiah pressure, and the pressors la hlah In the north Pacific atates.

Irfiw pressure prevaila In the plalna. Bocklea. and plateau tatea. The weather la mostly fair, eacept for local ahnvt-ers In New Tork, Arkanaas. M'e-sourl.

Booth Dakota. Colorado, snd New Meslen. Summer temperature conditions prevail over ths entire entire country, aod day readlnaa were hiah.ln all sec-tinns evcent the New Knaland atates. 35'heat Open High Low does Juvl .72 I I Sept 73S .73 .73 I'ec 751 .7 6 'is .74 Vk Corn-July ftl'i Fept an Dec .66 Vt Oata Julv 29'4j .284 28V Dec 23S .29 .29 Hoy Beans July 37i ,974 .801 Oct .73 .74 Dec 744 .7 41 .74 Rya July 42H .444 Hent. Dec 41 Lard-July 6 0 6.8(1 1 60 6 50 5.73 6 72 5 2 6 65 Oct 6 33 8.82 6.72 6.75 Dec 6 97 6 97 6.87 6 67 Jan 1.05 1.05 1.97 6.97 Bellies 1.61 Tulsa, July 23 (LP).

-American oil production increased 12 883 barrela dally during the week costing $5,000. G. M. Brumbelow, contractor. Roy Sheppard, 3812 Velva street, remodel house and garage damaged, by storm at cost of $1,200.

Roy Sheppard, builder. averaging 8,578.872 barrels, The Oil and the eatrame northwest. Fair partly T. n. r.OVF.RNMRNT ROXTtH New Orleans Spot Cotton few Orleans, July 53 rettnn f1od aulet.

6 point lower. Sales 20. tow middling 9 40 Mlddllfg ..10 4" Good middling 10,85 JteeelpU 1.4J3. Block 650, 51. cloudy weather will prevail locally durins the nent it hours, continued warm.

(II Aaaorlatcd Hreas) Averages and Oaa Journal said today. Output of all of the mldcontinent fields Increased aomcwhat. Illinois continued a decline which started four week ago. Texas averaged 1,168,038 barrels, up from 1,143.333 and Oklahoma In CITY BRIEFS (Compiltd by Aaxnclated Prefi) Trenaury Sales High Low Closa 63-49 1os.fi ln5 jas.a 2' M-55 9 107.24 107.24 107.24 Hom Own Loan 3 1 108.30 10J.30 106.30 21 6 23 14 41 49 12 14 22 10 29 4 A 43 2 2 56 26 24''. 24 10 40 4 19 14 20 7 11 16 6 29 3 VF.STFIRIIAV'S TEMPERATtBF.M 8 SO a 71 13:80 p.m 99 0:30 pm 94 Minimum 77 Maximum 96 creased 3,000 barrels to 414.825 dally.

IF.DKRAI. LAND BANK BOVim 4s July 1948-44 HON 111 The nation completed 344 oil wells Extremes In temperatures readlna and (he precipitation In Inches for the 114 hoii' period endlna st 7 m. yesterday were ilia a May 19ij-4S ins. and 48 gassera with 125 dry holes for a total of 517 wells drilled during the 107 la5T, 101 fislveatnn Cotton flalvnton. July 23 UT).

Spot doted steady, 2 up. fA- ordinary rvimary Good ordinary Strlrt good ordinary t.ow middling P'riot low middling Middling ftrkt middling Oond middling Ftrlrt good, middling Jliddling fair Pales; Pools FOB none. Max. Mln frecptn oollon 35 ..7.05 7.75 8.25 3.75 9.30 9.75 .10,05 .10.15 10 20 .10.25 3a July 1955-45 3s May 1956-4ft 105 llortha I'onpfr, white woman, yesterday waa sentenced by Judge K. P.

Mills to serve 10 days In Jail on chargs of assaulting Fannie Bishop with a stick. The assault Is said to have occurred on a logging camp near Greenwood. John Davis, negro, pleaded guilty to operating a truck without a tail light and was fined $10 and costs, all of which waa suspended. 74 Tylerite Thanked for Defense Plan week. Atlsnts Blrrnlnaham Dally average oil production In all MVESTOCK REVIKW fields compared with the previous week .1.1 71 74 78 74 74 75 78 CI f'hlcaao I tpnver Little Tlock Memphis Meridian Mlitmi Mi, I.

lie New Orleans New York Yickalmri lOhio Oil atom. 80 15 11 Induct. Halls Utlls Vet rhangs 1'nch A.l D.1 Tueaday 57.0ft is 04 35. or, Trevlous day 57.00 15.03 35.00 Month sgo 67.03 1 4.07 34 04 Year sen 70.05 19.07 39.01 High 1940 74 01 50 0i 40.0(1 Low 1940 52.01 13 00 30 09 High 193J 77 no 23 03 40 0 Low 1939 68.01 15.07 13.0' 10-Stock Rang Sines 1927: 1332-30 1927-29 High 76 01 72.03 157 07 Low 13 07 09 II 03 Booda 20 10 16 Rails Induat. Utlls.

Net ohsngn 1 4 A H.2 Tuesriav 60.04 102.08 96 04 Previous day 5ft 08 07 9H.06 Month sgo 63 Oft 101.04 94. 0( Year ssci 68.00 inn. Oft 07, on Hish 1940 69 09 103 Oft 97.05 t.ow 1940 48.03 98 09 90 03 High 1940 4.09 102 00 97 06 Low 193) 63 04 96.04 90.04 July 13 72.9T5 4V0 981. S7S Fort Worth Fopt Worth, Teas, July 23 (TV MVS A CATT1.K Salable and total 2.400; calves salable total 1.800; market: Very slow; mot killing claaaes of cattle and calves weak to lower; stockers dull, uoevenly 50c lo $1.00 off for the State Arkaoaaa Illinoia I.ouiaiana Mississippi Oklahoma Texaa lOaat Tcxaa July 20 7 2.4 59 404. iia 7.1110 414.525 ..1.1 974.895 Student of the Majestic Beauty 5.1.

9 81 Tyler, Texas. July 23 (LP) Louis Damsker, Tyler World war veteran, received acknowledgement from the British government today for a defense prn to repel motorized units 41 1.5,5 1 school were given a lecture Tuesday 1.141.9.1SI 374.740 two days; common snd medium slaughter Total 9 58.1.954 Ually average Increase 12.588 barrels. 31 6 38 31 41 43 14 22 10 4 19 4 tV 43 2 2 65 24 24 24 '4 10 39 4 19 14 '4 20 7 11 18 6 29 13 79 19 6N 26 31 36 19 7 4 2 7 16 72 9 8 8 10 6 18 '4 24 3 7 6 38 2 3 17 67 12 33 1'4 4 12 18 50 18 17 93 9 32 6', 28S 32'4 41S 434 1' 14 22 4 10s 4 tt 4 rV 4 3 '4 2', 2S 65', 25 24 '4 11 '4 40 "4 4H 19 14 20 7 114 f9 29 3" 14 79 19 6S 32 36 i 19'i 7 6 3 7 16 '4 73 9 8 8, 10 6 18 24 34 6S 7 6 33 2V 3 17. 69 12 33 2 i 12 18 al 19 17 91 9 33 Liverpool Cnllnn Liverpool, July 23 Spot cotton 'let, prlres I polnla higher. Quotation la strict good middling 37 Oond middling 7.97 Strict middling 7.52 Middling 7.7: Strict low middling 7 82 Low mlddlnlt 7.37 Strict good ordinary 0.92 Cnod ordlna ry ft 67 RIVKR FORECAST Red River Rise at Shreveport and Fulton durlnt neat fey da ye.

Sulphur River Uiae at Naplea for next few dava. steers and yersllnaa f6.onsj8.2S; culler offerinsa 14.50 S. 00; grind fed kind 19. 751i 9.75; medium and good beef rows 14.751 5.75; odd head to 18 25; cutter 9 16 13 23 10 17 15 15 22 II 14 J9 13 11 21 13 10 12 10 12 29 11 illuming uy iviin. ouui ui ui tliv Caddo Parish Health unit on th subject of "Syphilis The Cause and Effect." The talk was arranged by Miss Una Robinson, supervisor of thej nurses' division of the Caddo Health, unit.

This was the first of a series of lectures on health and sanitation, planned for the Majestic school. an.t common cows I3.50W 4 50; rannere ATTEMPT POTENTIAL TEST AT LILLY WELL IN BLNKIE SECTION (ibaervallnna taken at 30 a m. Tuesday (C.a.T.). Hi i at fume, hmheat temperature laat nlcM; second, lowest paat 34 houra, with less than 01 of an Inch not shown Invading the English coast. The plan called for erection of a barrier for tanks to climb, guns skyward, leaving them powerless and targets for land batteries.

Damsker refused to reveal details of his plans. The' acknowledgement waa made In a letter from E. Watson, writing for Trime Minister Winston Churchill. F'uturea closed unchanged to 11 higher. July .01 ...7.35 .7.

84 ...75 October January March May down to bulls ft 00; kllllog onlvca nioatly choice $9 41. sparingly; culls I4.50(ff 5. 00; stork calves moally Ift.nofl 1.00', very few steer calves $9, 25 lo.oo. Hn. Ralahla 700; total 1.400; around lower than Monday's sverase; top hulk good and choice 175-276 lbs.

weights $ft. 20 li 6.3,1 good and choice 1S0-170 lha. weijthta 16; stock plga scare; packing anwa steady lo weak, mostly I5.nnfn.85. SIIEKP Salable and total 4.000; all claaaea ateady; spring lamba mostly $8.76 top $7 60; medium grade yearlings $5. 603 5.75: seed wethera $3 60tf ewea $2.75 down; spring feeder lambs $6.26 down.

R. H. Nelaon, Shreieport postmaster, will be the principal speaker at the meeting at noon today of th Shreveport Lions' club. Tom Heara will be program chairman. Alexandria, July 23 (Special).

Efforts to take a potential of George E. Lilly's No. 2 Dent well In section 1-2-2, of the Bunkle-Eola field were still being made today. Sid W. Rlchardson'a No.

2 Sam Haa9 In section 1-2-2, waa drilling ahead In shale and lime at 7,340 feet, and Ten Low Tlald Bonds: Tuesday Previous day Month sgo Year ago High 1 940 Low 1940 High 1939 Low 193 ...111 04 ...111.04 ...110.09 ...112.03 ...113.02 ...108.04 ...112.08 ...103 01 Pan Oaa ft Kl Packard Pan Am Alrwayg Tenney Penn RR Pet Corp Phelps Dodge Philips Pet Puh 8vc NJ Pullman Purs Oil I A P.otn Rand Repiib Steel Scare Roeb Servel Soconv Vac Sou Pac Sou P.y Stand Pranda Cal Ind NJ Stewart Warn Stone ft Web Studehaker Tex Coin Tex Oulf Prod Tex Pac Tr Trana ft Weat Air I'n Carh I Oil Cal I'nlted Aire I'nited Corp I'nlted Drug I'nited C.aa Imp 8 Rubber Steel Walarens Tel Wet Kl Mfg White Mot Woloworth EXAMINATION IOK MAIL CAKRIER AT BETHANY ANNOUNCED Abilene 98 Albuiiueroue (3 Alexandria Alpine 91 Atnarlllo 0,1 Ailanla 94 lllrmlniiham 9.1 Boston 79 Buflalo 8t Chlraa-o Corpua Chnstl 90 Deo.er 94 Detroit so Undue City Duluih aa F.dmonlon, Can 74 Kl 1'aan 9 4 F.lk City Fort Smith 99 Kort Worth 14 79 19 26 31 36 19 7 4 3 7 16 73 9 8 8 10 6 18 24 34 7 6 33 2 3 17 69 J2H 3.1 4 12 18 60S 19 17 94 9 13 1 10 the Amerada Petroleum Corp. No, 10 W. T. I.eeper, local oil man who recently traveled In Canada, will apea on "Canada at War" before the weekly dinner of the Y'a Men's club at Dw Jones Averages Marrhleve In section 6-2-3, was drlll- in sand and shale at 1.600 feet atocks In the Cheneytllle field of Rapides! 30 p.m. today In the Y.

M. C. A. parish Sid W. Richardson Is drilling (lalveaton 92 Havre 97 Huron 10 Net High Low Close Chg.

30 Indust ...122.63 121.49 122.23 .17 20 nails JJ.49 26. 2S 28.44 .23 40 Bonds 38 20- .09 15 nil 22.18 22 Oft 22 0S-. 17 63 Stocks 41.73 41.40 41.82 .07 In shale and lime at 5,218 feet In his liii No. 14 Weil In section 55-1-2, and the jjjAm'ada Petroleum Corp. la building Jaikaonvllle Kansas City 91 Laredo mo Little Hok 91 Los Anaeles 9) inaa nnn clearing location ior ineir No.

12 Well in section 54-1-2. The messurement of this location are 2.200 feet north and 875 feet ean COTTONSEED IL 78 8 07 71 74 70 9 9 79 71 89 73 9 ill 92 8 7S 74 70 81 71 74 78 79 98 72 71 72 74 79 7S 79 78 88 78 T4 75 87 74 7.1 a 74 87 17 71 an 78 71 80 77 jof the southwest corner of section C. P. Coital Curtis I.ane mad real, dent, reported to police yesterday a purse containing $17 In cash waa stolen from his car Tuesday morning; while lt was parked In the 400 block of Cotton street. Mra.

fl. Adams, 1518 Tnrd street, suffered minor cults and bruises at 10:30 a.m. yesterday when the car she was driving and a truek driven by Edward Jenkins. 511 Dillingham, street, collided at Milam and Lawrence streets, according to a polios report. Her injuries did not'requlra hospital attention.

FORF.IfiN EXCHANOF, New Tork, July 23 JPh Trading In the Hrltlah "free" pound win at a atnndatlll today. At 13.91 It was unchanged from yesterday mi was tha Canadian dollar at IS. 75 cents. Tha Swiss frano was up .02 sent at 22.74. Lai ralsa follow (Great Britain In iollsra, others In cental.

Official Canadian control hoard rales for V. B. dollara: Buying 10 per cent fremlum. selling 11 per cent premium, equivalent to dlacounta on Canad an ara In New York of buying 9.91 rr cent, idling 9.09 per cent. Canadian dollar In Kew Tork open mar.

fcet ll' per cent discount, or 74 t'. 8. tents. ORKAT BTirTAIN Official, Oankers foreign exchange commutes rates), buy-ng 14 02. gelling 14.04; open market, uhlM 3.81.

ioKBM ANY 4 0.1 On (benevolent 18.70 'FINLAND 2.06n. rnKF.CK ,9. Jtl'NOArtY 17.68n. ITALY 6.05, rtinTiic.Ai 1 78. B1MBANIA 23.88.

PWITZKRLAND 22 74. YrnOSI.AVIA 2.36n, Latin America AfinKNTINK Official 29 77. free 22. 25. FRAZIL Official 6.05; (ree 6.05.

MK.VIOO Far East JMPAN 23 48. 'HONIKONfl 23 91. SHANGHAI 1,25, Rats in apot cables unless otherwise Indicated. Nominal, 84-1-2. Louisville 94 l.ulibnck Memphis 91 Meridian 99 Miami 90 Minneepolia-St.

Paul ...10) Modena Mootgomery 90 Naehvllle 99 New Orleana 93 New Orleans New Orlesna. July 23 Cottonseed oil closed steady. Bleschabla prime summer yellow prime crude July $5. 47b; cVntember 6 63h; Ortobst 5.64b; r.tsceniber 6.65b; January 8.67b. Bid, n-Nomlnal, The United 8tatea civil service commission has announced an examination to fill the position of rural carrier at Bethany, La.

The examination will be held at Shreveport and closing date for receipt of applications for the examination will be August 9. Admission cards mailed to applicants about 15 days after that date will Indicate the data of the examination, according to the commission's announcement. The salary of a rural carrier on a standard route of 30 miles served dally except Sunday is 11. BOO a year with an additional 120 per mile a year for each mile In exress of 30 miles on the route. Certain allowances ore made for the maintenance of equipment.

The examination will ha open only to citizens who are actually residing In the territory of the Bethany post-nfflce and who have been residing there for at le-ast six months. Both men and women may enter this examination but appointing officers have the legal right to specify the sex dosired. STO( IN TUB SrOTI.K.HT New York, July tD. Sales, rloslna New York Chlrago Chicago. July 23 f.

P. A HOOS 14.000; totsl 18.000 slow, open 10-15 lower than Mondav'a average, close 15-25 off: top hulk 2O0-24T) lb. $6.35 19 50 210-270 lha. largely $8. 10ft most 270-300 lb.

svaragea $5.60 soma 300-300 lha. moat backing sows 330 lbs. down bulk 350-600 lbs. 3.000; total 000; lato Monday's lamba aorted from bands weatern alaughter springers sold to feedera at $7. aiallng 82 and 74 Iba, respectively; tnday'a trade; spring lamba very alow; moat early bids 25 lower st $9 00; on heat natives; kind hold fully steady st $9,25 snd above; fw emull lot natives tn niiisldera with moat throwouis $6.

60 good lo choice bandywelght year-llnsa at. fat sheep sround ateady; hulk slaughter ewca $.1.60 down. CAT'I'LK Salable ft.Snri; calves I.O11O; grain fed ileera -and yeHrllnga moderately active and eirong to 15 higher on shipper and order huyera account; most advance nn kinds grading good or better: few losda choice long fed numer-nua loads $11.00 or better: best yesrllnga fed heifera lea aactlv hut. steady; hut all giaaa aleera and he-fera still under pi-ensure: beat helfcra enriy $1 0 76; cnw and bulls unchanged: weighty bulla $7.15 and down; vealera 25 lower; only choice strict ly vealera $11.00. Local Drilling Firm (sivrn Texas Contract The Crow Drilling company of Oklahoma City 93 Omaha 99 price aod net change ef tha 1i moat ae- Palestine 92 i'cosHr-ola Phoenix 112 New tnrk New York, July 23 Pleachahle nil futurea closed -10 lower.

Sales 97 contracts, aeptember October 8.04h; December 6.06; Jsnunry ft. 14. h-Btd. Plltelmrah 92 59 llalclah NUPTIALS Shreveport hsa been given a contract hy Rl.vaer, Shell oil division Iruperlntendent, at Kilgore, Texas, to drill a well at Chapel Hill. Smith Tcxaa, near Shell's No, 1 Drllg will start within the week.

I Fhell's No. 1 Wsll In the Maud see. live atocks today: Loft 11.800 JIH 1H (leneral F.lec 9 900 31 Col Oaa Klec 4.100 8 Mclntyra Tore. 9 800 58 jden Motor 4 a '4 4- 'std Oil NJ 91. mo 94 Steel 2 900 JOS Socnny-Var S.900 8 Mi '(urtise-Wrieht 2 800 Wills a-Oover 2.800 2', iKenecntt TOO lAlleahanv 110 pf WW 2 800 9 I Alleghany of XW 2.S00 8 Bkbn Manh tr 2.400 Kn ruh Svo 2.910 8S Richfield Oil 2.900 8 Mont- Ward 9 900 Crown Zeller 2.300 14 -f IIIW-HORNF.

Camden, July 23 Miss Mildred Vesta Home, of Cam- St. Louis Salt Lake City San Aotonto Sao Francisco Seattle Sheridan Shreveport Shreveport Alrporl Spokane VukShllrg Washington Williatoo Winemticca Havana. Ctiha 91 90 97 too at as 9.1 100 92 9 9 ition of Bowie county yesterday was 'den, daughter of Mr. and Mrs. Home, and Thomas Daniel Chinn, of below 8,170 feet.

CHICA(i(l mTT MHKKT Ohlcngo, July 23 tPi, (17.3.1). A. Potatoes, arrlvala 68; on track 211; total r.H, shipments 196; supplies mnderaie. demand slow; for western long white, market weak, for beat quality Hlia Triumphs snd cobblers all sections market about gteady; Callforn'a long whltea Nn. 1, 2.30; Idaho Riles Triuiupha I'.

S. No. 1, l.50-1.f,0; Idaho long whltea No. 1, 5.25-2.35; Oregon nilas Trlumiiha No. 1.

1.60; Oriicnn long whiles No. 1, S. 4 Nctiraak cobblers good riual'ly 1 40; cobblers (air quality RIVKR STAGES AT 1 A.M. 9'eet Feet reel In. RrVFlFI AND Flooil Stage Chg Precln STATION etage now J4 hra Itai'oc Monroe, were married here Sunday at noon with the rev.

A. Herrlngton of the First Baptist church officiating. PrPKEE-B tMRl Rf Ashland, July 23 (Special). Miss Gertrude Bamburg. daughter of Mrs.

Zella Bamburg of Ashland, and ARK. COMMISSION TO MEET The Arkansas oil and gas commls-slon will meet at 10 a m. July 29 to rule on whether Standard Oil of Louisiana ahould be allowed an exception on the spacing rule with reference to the center cif the north 40 acres of an 80-acre tract in the NF.W YORK ft RR MAHkF.T New York, 23 Following Is a selected list' of traoesctlona in the New York Cnrh Msrket Ransaa City Kmaas City, July 23 irT. (V A 1-HOGS Salable gond to cholct 180-280 Iba. CATTLE Salnbls 6.000; ralvea 1 000; several loads good to choice fed ateera early.

iho.cg 675 Ih. mixed yearhnga $11 00; few common and medium gtaae steers, 1.60; grsss fat rows. $5. 00 it ft. 00; medium to good atotket.

HHKEP Salnblt very glow, ben natives held above $8.60. Red Hirer tVnisnn. Tea 29 '9 9 Arthur City. Teg. 57 19 4 Index.

Ark. 25 1.1 a Fulton. Ark. 25 1.1 Surlnghank, Ark. 97 4 4 9 4 I 3 9 -rl 3 Sales In lulls IHu-ti Low Close CHICAGO MAKKKT ChlcagD.

July 23 lP). Poultry live, 44 irurka; hsn and small Whits linck springs firmer; hens, over i lbs. 15, I lbs. snd under 10; springs, under 4 White Rock 17; other prices unchanged. NW'i nf the NE'i and the NE', of Alton Dupree of coushatta wera' Shreveport, La.

39 It 110 5 Aleaandrla, I.e. 13 19 7 0 the NW'4 of section 30-173-19W, Co-inwned Saturday evening. White-Fringed Beetle Fight Is Progressing New Orleana, July 23 The whlte-frlnged beetle In Louisiana. Mississippi, Alabama and Florida Is being controlled with spectacular results, according to Padget, in charge of the federal bureau of entomology's campaign against the plant menace. The beetle attacks the root systems of 182 kinds of vegetation.

The federal quarantine against lt went Into effect In January, 1939. Padget said he believed complete victory over the post would be achieved, 4 0 I NF.W VORK MIUAR MARK KT Kew York. July 23 (IPi. Short covering and hedge lifting rallied world sugar fu-ti, "i ss murh a a 3 polnta before llqulda- chmked ths movement today. Mid-tfiernoon pricaa.

however, held galna of 1 to 2 poinla; September December 1.02. pomeatm oonlracta meanwhlls wert tin-ghangM to 1 point higher In mixed oper-gnons. September sold st 1.71; January 1 ft. Rawi wars quiet. An operator purchase jf 1,000 tons of Philippines dns Aug.

at 2.69 cent waa ths only confirmed aala. Other offerings ranged from 2. 70 up. Peflned held st 4.20-36. Futures No.

1 closed 2 higher to lower gales 7.800 tons. July 1.76n; September 7fth; January 'o 4 futurea unchanged to 1 higher, ft 4 mi looa, Heptember ,91 De-taniber 1.01b; Miirch 1 0 4 b. b-Bid. iumbla county. I ittle Klier Whitecllfla.

Ark. 21 9 I Mulphur Rher Rlnao Jraaing 20 17 4 Naplea. Ter 1g 0 Lonevirw, Tex.u, July 23 Miss Dons McCrelght. of TEXAS COUP. MAKES PROFIT New York.

Julv 23 tP). The Texas CHICAOO Hl'TTKK AND F.i9) Chicago. July 23 (P. UL'TTKR Receipts 1.249.666; firm; creamery, 93 genre 27Ui 92, 91, 89, 26 IK, 10 centra llxed carlnta Wit. RsrslpU easy; freab graded current receipts U'4; dlrllea 12, checks Ilia! other prlceg unchanged.

a a a -a a a 1 91 (8 84 14 9 1 294 29 294 9 Ht'l S2 4 2H 2'i 1 1', 1 4H 4 II 9'i 3 9 9 8U I '-a 14 4 4 I 19ta 18 18't, 8 IS 1. 1 4 II II ti Am Cyan Am Sun Pow Atlas Corp War fit Sv.j Cit Svc pfd SI Bd Sh Oulf Oil Humble Oil Int War Klrby Pet Nia Hud Pow Pantepee Oil Phoenix Sen Seln Ruh Sid Oil Ky I'nlt. las tnit LATA l)prea Biter Jeffereoo. Tev Arkansas Rler Fort Hnnth. Ark, 33 VanHuren.

Ark. Little Itn.k, Ark. 29 OiiHchlta Hirer Monroe, La. 40 4 1 0 1 9 1 S4 9 2 4 4 4 0 903 -01 NAVAL UTOKUfa MAKKKT Unvannnh. July 23 lP).

TLHPENTINF. Firm 2084: offerings 148; aaltj" 7.400 gallons; receipts 324; shipment 3o; ttock 10,931. ROSIN Firm 1 nfferlnga 199. all aold; raeelpta shipments 430; alack 102,249. yiiotnt 71, 1.13; D.

1.18; I 36: F. 1 27; (I. II, 1.28; 1.3,1; M. 1.38t WO, 1.91; WW, 2.21; 2.55. nation-wide oil marketer, in 'daughter of Mr.

and Mrs. J. O. Mc the first half of this year earned ap-jCrelght, of Yantis. Texaa, and James proximately 29,000,000 net Income Richard Howell, of Longview, son of after taxes and reserves, according to, Mr, and Mrs.

M. R. Hewell of Btuk-T, Rleber, chairman. hurnett, Tcxaa, were married her The profit was equal to about 92 40 'Saturday with the Rev. John L.

a share compared with 4 centa 1 Whorton or the First Baptist church earned In the first six months of 'officiating. Mr. and Mia. Hewell will 1939i make their home in Lonijview. Radiophone conversations now are possible between Australia and the Philippines.

MF.MI'IIIS I4ITT4INM1 Kit 9IMI, lililo Hirer Pittabutgh, Pa, 35 pl 7 40 1 Louisville, Ky. 97 pi 1 7 2 1 Cairn, III. 40 1,1 0 0 9 Mlaelaalupl Rlier St. Loins, Mn. 90 0 7 09 Memphis.

Tenn. 94 9 1 .0 1 Vtckaliuig. Mla. 4 9 5 9.04 Ratonrtoitiie, La, 15 II 0 0 9 New Or leans. La.

4 0 0 2 a For veaterdav. For day hetore esttday. i'vol iifcse ft t.il., -1 Prim. RdX I'ON tVOIII. 61 A It Rnaton, July 23 M'l.

U.H, A. I-The rlcmanil for wool waa slow today In Una, ton. Hun-era were milking occitalunnl Inquiry In an attempt to teal tba market but they were nut Interested In making any suable purchases at this tlms. A versa twelve-moniha Tenas wnoia In ni-lginai baga ri being offered gt around 82 to 81 rsnls. acriiiied hsaia.

and fall Tenai wools at II lo II ctnta, acourid baali, sew roKK uwrr.v. iiakkh New York, July 29 iT'. foot Sanloe coffee No. 4 taaa nuntei at 9'a-J1; Hn No. 7 at 9'a.

and freight offerings FV YIIKK DRV 4111(11191 Kw York, July 23 iP). Dry flooda: Spun rsvnna and plameni taffrtaa attracted gnms. Intsreal allhnuah volume of galea waa small, Silk hosiery manufacturers report. Improved sales with prlcee gnmewhat lower. (Iray goods and woolens rsmalnsd aultt at steady rricaa.

More new American passenger rar At one time recently Cuba hart are seen In Argentina than a year tona of augar awaiting ea- coilnnseed menl futures (41 per renti closed ateady. Closing prices FOR July 27.00; (tentemher 4fi; ivinher 20 pecemher 29,70, January 20 Sales MOO. Bny Scouts of Olaagow, Scotland, ttarted a campaign to collect 1,000 tons of wane. I included Samoa Bourbon la and ai ll.40-7.30,.