Market Quotations on Wall Street May 2
The market showed a mixed start with irregular losses in early trading, American stocks leading the downward move. In the final half hour prices firmed and the close was moderately heavy as volume reached about 400000 shares, one of the smallest for so long.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Dome
U. S. Smelting
McIntyre
Alaska Junea
V. S. Steel
Bethlehem
Chrysler
General Motors
Consolidated Edison
Westinghouse
Allied Chemical
Case
Anaconda
Standard Oil of New Jersey
Douglas Aircraft
Central
Santa Fe
Pennsylvania
Paris
France
U. S
Supreme Court
Guffey
Market Summary From New York and Chicago Trade Hints
Stocks heavy and leaders drift lower in New York as bonds vary and U S governments soften. Curb markets thin while foreign exchange narrows. Cotton and sugar hold steady while coffee rises on Brazilian markets. Chicago wheat weakens and corn tracks wheat lower with cattle steady in quiet trading.
MENTIONED IN THIS ARTICLE
New York
U. S
France
Chicago
Winnipeg
Liverpool Cotton Prices Rise in Spot Demand
Cotton in fair demand with spot prices three points higher. Quotations include American strict good middling 7.24 and good middling 6.94, with other grades listed. Futures closed very steady with May 6.19, July 6.01, Oct 5.67, Dec 5.60, Jan 5.59, March 5.59.
MENTIONED IN THIS ARTICLE
Liverpool
Cotton futures close mixed in New Orleans and New York
Cotton futures closed barely steady to steady with small declines in New Orleans and New York. May through December positions show prices around 10.16 to 11.40 amid steady spot quotes in New Orleans with low middling at 11.40 and middling at 11.14.
MENTIONED IN THIS ARTICLE
New Orleans
N. C
Average cotton price in southern markets tops 11.37 cents
Middling cotton across ten southern spot markets on May 2 averaged 11.37 cents per pound. The report notes prices for the day in New Orleans and other markets.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat futures price report from Chicago market
May and July wheat futures show varied moves with quotes around open high low and price ranges. Trading notes indicate slight gains and mixed momentum in the Chicago market for the period.
MENTIONED IN THIS ARTICLE
Chicago
Butter Eggs Chicago Market Summary May 2
Butter prices slightly unsettled as 11 054 tabs hold steady. Egg shipments reach 35 477 cases with no change in price or supply outlook observed.
MENTIONED IN THIS ARTICLE
Chicago
Potatoes Prices and Shipments Reported Across States
Chicago May 2 Potatoes US Dept of Agriculture notes total US shipments 612 old stock light demand light steady prices by variety Idaho russet burbank US No 1 1.99 Colorado McClures US No 3 1.95 Wisconsin round white US No 1 1.60 Bliss Triumphs US No 1 1.90 Minnesota Red River cobblers Ohio Ohio unclassified 1.15 North Dakota Red River Early Ohio US No 1 1.60 Dallas US No 1 1.75 New stock Alabama Black Bliss US No 1 2.95 3.00.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Idaho
Poultry Prices Steady in Chicago May Market
In Chicago on May 2, poultry prices held steady amid decline dynamics. Trading notes show varied bids with No 2 hens around 16 to 19, No 2 leghorn hens 16, and fryers Plymouth Rock and White Rock near mid-20s, reflecting mixed demand.
MENTIONED IN THIS ARTICLE
Broilers
Plymouth Rock
White Rock
Chicago
Springs
Chicago Market Reports Mixed Cattle Sheep and Hogs
Chicago market roundup shows cattle generally lower with weights down 25-40 on medium and heavy steers while yearlings stay steady. Sheep rise about 25 cents though fats ease from early gains, hogs steady with light weights 25 lower and heavier pigs 35-60 lower. top lambs hit 12.85 for wooled grades.
MENTIONED IN THIS ARTICLE
Chicago
Public Enemy Karpis Captured After New Orleans Search
Federal agents in New Orleans surrounded an apartment and arrested Alvin Karpis and Fred Hunter after a tip linked to the Hamm and Bremer kidnappings. Karpis, famed Barker gang leader, yielded without a shot, while a woman posing as his wife and Hunter were taken for questioning.
MENTIONED IN THIS ARTICLE
Karpis
Hoover
New Orleans
Hunter
Harry Campbell
Edward G. Bremer
Federal Bureau of Investigation
Department of Justice
William A. Hamm
St. Paul Brewer
St. Paul
Canal Street
Rald Hoover
St. Louis
Andrew J. Grooms
Topeka
Kas
Cleveland
Sylvester J. Hettrick
John Brock
Tulsa
Oklo
Garrettsville
Hamm
Brewer
Department
Alvin Karpis
Barker
Ocklawaha
Campbell
Doc” Barker
Bremer
Florida
Atlantic City
Karpis- Barker
Federal Department
John Hamilton
Charles
Pretty Boy
Floyd
Nelson
Dorothy Slayman
Miss Slayman
Okla
Freddie Barker
Alvin
John Karpavicz
Chicago
Karpavicz
Pilot recalls aiding Karpis gang after mail train robbery
John Zetzer of Port Clinton says he flew Alvin Karpis and two companions to Hot Springs Arkansas and Tulsa Oklahoma weeks after a November 7 Garrettsville Ohio mail train robbery. He mentions passenger John Brock of Tulsa in custody on charges. federal authorities imply Brock provided details leading to Karpis and Fred Hunter’s capture in New Orleans. Grover Keady of Tulsa is also held in connection with the crime.
MENTIONED IN THIS ARTICLE
Cleveland
John Zetzer
Port Clinton
Alvin Karpis
Hot Springs
Ark
Tulsa
Okla
Garrettsville
Zetzer
John Brock
Karpis
Fred Hunter
New Orleans
Grover
Burrhead) Keady
Oklahoma
Karpis Trapped by Feds in Northward Flight to Trial
Agents captured Alvin Karpis in Wedel and flew him north by plane to face charges of kidnapping murder and robbery. The arrest marked a rare instance of J Edgar Hoover personally directing the capture and the end of his gang's era.
MENTIONED IN THIS ARTICLE
Karpis
Sune
Associated Press
Wedel
Alvin Karpis
J. Edgar Hoover
Local Girls Reach State Music Finals
Betty McGehee of Decatur and Carol Ford of Huntsville win district piano contest at 601 Sherman street and advance to the Alabama Federation of Music finals in Birmingham on May 8. McGehee, 12 13 age group, played Allegr o from Bach and Prelude in C sharp minor. Ford, 10 11 age group, performed Menuet by Mozart and Columes by Grieg. Judges are Mrs. E. R. Naylor Athens Mrs. Jamar Smith Huntsville and Mrs. Rutledge Thomas Decatur.
MENTIONED IN THIS ARTICLE
Betty McGehee
Decatur
Carol Ford
Huntsville
Birmingham
Alabama Federation of Music Bes
McGehee
Miss Ford
W. P. Baugh
Sherman Street
Bach
Rachaninos
Parity bill fight ends in Alabama education accord
The Alabama Education Association and the state congress of parents and teachers reported agreement on a legislative plan to earmark all school funds and fund education fully. They dropped a constitutional parity amendment and urged future sessions to pay all educational appropriations from education earmarked revenues.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Alabama Education Association
State Congress of Parents and Teachers Today
Frank L. Grove
Garland
Smith
Vernon
Grove
State Department of Education
Senate
P.T. A
Alabama
General Fund
Special Educational Trust
Cotton Decline Reported At North Carolina Convention
Thomas H. Webb of Concord told cotton manufacturers at Pinehurst that mill production and exports have fallen since the federal farm program began. He warned mills may move abroad and cited declines in spindles and U S cotton consumption and production from 1928–35. Webb called for policy changes to ease government control and taxes while noting the South's near billion dollar textile investment and 500 million in annual wages.
MENTIONED IN THIS ARTICLE
Pinehurst
N. C
Thomas H. Webb
Concord
England
New England
South
Webb
American Cotton Manufacturers Association
United States
Overheated stove sparks Decatur fire and notices
An overheated electric stove at Judge W. W. Callahan’s home on Ferry street caused a fire department response with smoke damage. Absentee ballots for the May 5 primary reach 318 requests before the deadline, while Red Cross tornado drive totals rose to 1634.13 dollars with a 12.50 donation. Local church schedules and meetings fill the week as civic groups, visitors, and obits appear in Decatur society notes.
MENTIONED IN THIS ARTICLE
W. W. Callahan
Ferry Street
Morgan County
Red Cross
Decatur Chamber of Commerce
Selassie Flee s Capital as City in Disorder
Italians entered and established control in Addis Ababa while Emperor Selassie fled. Eden planned to attend a dinner in his constituency. Officials warned no decision yet on Sir Sidney's role after possible fascist occupation. The British legation protects about 1000 Nationals remaining in Addis Ababa.
MENTIONED IN THIS ARTICLE
Eden
London
Addis Ababa
TVA Lines Bought Today By TVA
TVA purchased primary substations at Nitrate Plant No 2 Wilson Dam and Decatur and 44 000 volt sites at Florence east Florence Goodyear Decatur Decatur L N shops Flint Hartselle Belle Mina and Athens district. The deal allows TVA to supply power to six Alabama counties but many towns must buy out or duplicate local systems to receive TVA electricity.
MENTIONED IN THIS ARTICLE
TVA
Nitrate Plant No. 2
Wilson Dam
Decatur
Florence Central
East Florence
Goodyear-Decatur
TVA Electricity
Transmission line sale clears obstacle to TVA powered cities
Sale of Alabama Power transmission lines to TVA hailed as removing another hurdle to municipal operation of plants in several North Alabama cities using TVA current. Officials were silent on next steps awaiting official TVA plans while injunction suits against the PWA and cities linger in Washington due to Chief Justice Wheat’s wife illness.
MENTIONED IN THIS ARTICLE
Alabama Power Company
TVA
North
Alabama
PWA
Washington
Wheat
Congress Action Summary in Briefing Lines
In recess, Senate Finance panel reviews revenue bill while House flood control panel weighs an Overton bill worth 275 million dollars. Senate yesterday heard treasury backed tax bill amid industry opposition and passed a 531 million dollar navy appropriation to the Senate. Military committee reported a 30 million dollar army construction measure.
MENTIONED IN THIS ARTICLE
Senate
HOUSE
Treasury
Also Mentioned on This Page
Public Enemy
Third Northwestern National Bank
Minneapolis
South St. Paul
Federal Reserve Bank
Pirst — Bank
Brainerd
Minn
National Bank and
Kansas Reformatory
Hutchinson
Lansing
Crime School
Kate
Ma) Barker
Preddie
St Paul
Karpis-Barker Gang
Arthur W. Dunlap
Dunlap
The
Association of the Despera
Myra North
Myra
DR. Devries
Jack
Thompson and
Coll
I Merciful
Galileo
Wynea Bervice, Inc
Descartes
Newton
Copernicus
Caesar
Napoleon
Lincoln
Debcatur
Ruth Tonn
C. Edwards
Boston
FE. T. Tonn
St Paul's Lutheran Church
Walther League
St. Paul's Lutheran Church
Chattanooga
O. P. Kretzmann
International Walther League
Johnny Acker
Daily
Anniston
Lee Wylie
Thomas Lawena
Thomas E. Knight, Jr
Here
Louisville
St. John’s Episcopal Church
F. D. Peebles
Peter M. Dennis
Mr. Dennis
E. E. Graves
Atlee H. Hoff
H. B. Beard
J. H. Acker
R. E. Orr
E. A. Graves
Irvin Mitchell
Henry Goad
Westminster Presbyterian Auxiliary
St Peter's Episcopal Mission
Katie Hyatt
J. C. Rice
Rice
Hyatt
Roy Beeler
Cora Hayes
J. W. Cowart
S. C. Thompson
St. John’s Church
Rotary Club
Harvey Pride
O. S. Hagerman
St. John's Episcopal Church
Leonard Haflin
Danville
S. P. McGee
Winton
Clay Pitts
Limestone County
Belle Mina
Addie West
Falkville
W. F. Wunder
St. Petersburg, Fla
Bertha Baring
Lottie Dever
J. M. Smith
J. C. Barth
Michigan City
Ind
Bee Line
Benevolent Society Hospital
H. F. Warren
R. L. Smith
North Alabama
G. F. Braley
Tanner
Edith Dunn
Somerville
Kumpe Ayers
Moulton
Lawrence County
Halbrook
J. E. Hogan
C. B. Woodard
Philip
Larry Pruitt
Shoals Creek
T. A. Bowles
Jackson Street
Congress
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