Market Quotation Notes On Dull Trading And Mixed Actions
Market reports show dull, mixed activity with declines in several industrials while oils and a few firms held steady. The Bank of France moved to raise its discount rate, aiding the franc as trading remained unsettled and bonds and currencies fluctuated amid mixed commodity signals. Poultry prices in Chicago were steady with varied live weights and farm birds listed across several categories.
MENTIONED IN THIS ARTICLE
New York
U. S. Steel
Bethlehem
Consolidated Edison
General Motors
Chrysler
Columbian Carbon
J. J. Case
Johns-Maniivile
Continental Can
Deere
Dome
McIntyre
Porcupine
American
N. Y. Central
Santa Fe
Douglas Aircraft
Schenley
Philip Morris
U. S
Sterling
Douglas
South America
Bank of France
Markets at a Glance May 7 Overview
New York markets show weakness with leaders slipping 1 to over 4 points. Bonds heavy while oils under pressure. Foreign exchanges mixed, sterling gains. Cotton steady as traders buy. sugar quiet with Cuban notes. Coffee gains on demand. Chicago wheat down with May liquidating. hogs steady to weak with top around 10.35.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Chicago
Spot Cotton Prices Hold Steady in New Orleans Market
Spot cotton in New Orleans closed steady six points higher with sales of 1,659 bales. Low middling at 10.45, middling 11.55, good middling 12.15. Receipts 2,857. stock 383,595.
MENTIONED IN THIS ARTICLE
New Orleans
Wheat Futures Market Snapshot Chicago May 7
Wheat futures in Chicago show mixed levels with May trading near 0.96 percent, high at 0.96, low 0.95 and close 0.95. July contracts move around 0.87 with intraday high 0.88 and low 0.87 culminating near 0.874.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool Cotton Market Report May 7
Liverpool buyers report no receipts and steady trade as prices ease two points. American cotton shows strict good middling at 7.19 with good middling quoted.
MENTIONED IN THIS ARTICLE
Liverpool
Potatoes Mixed in U. S. Grain Dept Report
Potatoes priced unevenly with total US shipments at 666 on May 7. Idaho russet burbanks US No. 1 or 12.00 to 25 per cwt, new stock weaker as supplies stay moderate and demand slow. Louisiana Bliss prices US No. 1 2.50 to 2.65, cobbles US No. 1 2.65. Alabama Bliss US No. 2 1.60 to 1.65.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
Idaho
Chicago dairy and egg price report summary
Butter and eggs steady in Chicago markets with varied grades and local receipts. Butter prices range from 25 1 2 to 27 1 2 with 93 score creamery specials and 92 score extras. eggs at 25 644 steady with local extra firsts and graded firsts noted.
MENTIONED IN THIS ARTICLE
Chicago
Exra
Hogs and Cattle Prices Steady with Mixed Barometer in Chicago
Chicago market report shows hoges at 12 000 head with 6 500 direct sales, steady early bids and declines later, top 10.35, sow prices 8.60–9.00. Cattle and calves demand weak, killing quality plain, early sales 7.25–8.00, vealers 7.50–9.50. sheep fat lambs steady to shade lower, wool offerings mixed with 11.00–11.50 for good grades. Cotton futures closed steady with May at 11.55 and spot middling around 11.65.
MENTIONED IN THIS ARTICLE
Chicago
First Lindbergh kidnaping law case resented to hang
In Muskogee Oklahoma today Federal Judge Robert L Williams resentenced Arthur Gooch the first man sentenced to die under the Lindbergh kidnaping law to hang at McAlester State Penitentiary on June 19.
MENTIONED IN THIS ARTICLE
Muskogee
Okla
Robert L. Williams
Arthur Gooch
McAlester State Penitentiary
Welfare Unit Drives Enrollment for Conservation Camps
Miss Louella Masterson announces I V Conservation Camp eligibility investigations in Morgan County. Prospective enrollees must be 17 to 28, US citizens, unmarried, unemployed with WPA or DPW ties, physically fit, and pass medical exams. Former enrollees may rejoin if discharged after Oct 21 1933 with four months service.
MENTIONED IN THIS ARTICLE
Morgan County
Louella Masterson
Department of Public Welfare
DPW
R T. Scarborough
Works Progress Administrator
North Alabama
COC
Department of Welfare
Italy Seizes Addis Ababa Amid Ethiopian Capital Turnover
Reports say Italian forces occupied Addis Ababa after Emperor Haile Selassie fled. French marines moved from Djibouti to guard the French legation as authorities counted about 500 dead in the chaos. Brigands still held parts of the city while Eritrean Askari aided Americans at the legation.
MENTIONED IN THIS ARTICLE
Djibouti
French Somaliland
France
Addis Ababa
Haile Selassie
American Legation
Legation
Askari
Prankster Raises Red Flag Over Supreme Court Grounds
Morning scene at the Supreme Court as a mysterious prankster hoists a red flag on a metal staff. Police, guards, and fire crews crowded the area while investigators seek the culprit seen by a bystander. The uproarious episode disrupts the start of a run off election tabulation and prompts official caution.
MENTIONED IN THIS ARTICLE
P. H. Crooks
Pal of Karpis Taken in Raid
FBI Director J Edgar Hoover announced the capture of a Karpis gang associate after a raid. Campbell resisted, a .45 revolver and six clips were found on him, and Hoover said the crackdown on gang affiliates would continue.
MENTIONED IN THIS ARTICLE
Pal
Karpis
Hoover
Toledo
Campbell
Italy strengthens hold as Addis Ababa governance advances
Reports say Major Bottai is appointed governor of Addis Ababa while King Victor Emmanuel may be crowned emperor. Ethiopia could be formally declared an Italian colony as troops arrive from Dessye seeking rest.
MENTIONED IN THIS ARTICLE
Dessye
Major Bottai
Addis Ababa
Victor Emmanuel
Italy
Ethiopia
Emergency agencies barred from continuing after June 1937
The House Appropriations Committee adopted a Buchanan amendment to the deficiency bill to stop 13 emergency agencies from incurring administrative expenses after June 30 1937 unless Congress provides an annual appropriation. The move affects agencies including the Reconstruction Finance Corporation and aims to end the emergency framework.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Buchanan
D. Tex
Reconstruction Corporation
Congress
Landon Slate Wins South Dakota Primary Victory
May 7 Sioux Falls South Dakota with little official data the eight man slate allied with Governor Alf M Landon Kansas defeated the Borah faction Idaho in a statewide primary based on nearly complete unofficial returns.
MENTIONED IN THIS ARTICLE
Sioux Falls
S. D
Alf M. Landen
Kansas
Sam E. Borah
Idaho
South Dakota
Ex soldier Pete Jarman heads to Congress from Alabama
Ex soldier Pete Jarman Jr of Sumter county Alabama wins the sixth district seat in Tuesday's primary with 13 000 of 17 000 votes cast He is a long time Legion leader and former secretary of state who has held roles from examiner of accounts to assistant comptroller His wife is Beryl Bricken Jarman will return to work in Montgomery after a leave of absence and continues his lifelong hobby of politics
MENTIONED IN THIS ARTICLE
Livingston
Ala
Pete Jarman, Jr
Sumter County
Congress
William
Buck) Oliver
Jarman
Alabama
George Huddleston
A. H. Carmichael
Lister Hill
Starnes
Steagall
Pete
Organized Reserve Corps
31St Infantry Division
National Guard
Wm. Spratt
American Legion
France
Legion
Paris
Montgomery
Oliver
Bibb Graves
Beryl Bricken
Charles Bricken
Alabama Court of Appeals
Gold Legion
Relief Facing Final Battle Over WPA Funding
A U.S. House committee report outlines extending workmen's compensation to WPA workers and requires a full WPA operations report to Congress by January 10. It approves $3.1 billion for emergency employment in the new fiscal year starting July 1, with a $1.425 billion WPA appropriation aimed at nearly 2 million direct jobs if yearlong. The panel emphasizes continued unemployment relief amid rising employment in industry.
MENTIONED IN THIS ARTICLE
United States
WPA
Congress
CCC
General Public Works
Works Progress Administration
France and Italy clash over railroad troop transport
Unconfirmed reports from Djibouti say a serious dispute has erupted between Italy and the French company running the Addis Ababa Djibouti Railroad over the transport of troops and war material.
MENTIONED IN THIS ARTICLE
Djibouti
French Somaliland
Italy
Addis Ababa-Djibouti
Decatur's Diary Daily News Highlights Local Mrs. Lentz and Visitors
Local notes report Miss Carolyn Lentz becoming a Glasgow Kentucky department store cashier. Dr. Francis Inge of Mobile, Alabama Legion commander, travels to Huntsville for an evening address. Several residents visit, recoveries noted, and run off primary discussions loom. Five petty cases in police court. Amputation after shotgun accident. Grady Huie burglary parole.
MENTIONED IN THIS ARTICLE
Francis Inge
Mobile
Alabama Department
American Legion
Huntsville
Goods auctioned in Northampton for Cal vin Coolidge household items
Household furnishings once owned by Cal vin Coolidge were auctioned in Northampton Massachusetts. A former law partner described the items as a collection of junk as the sale proceeded.
MENTIONED IN THIS ARTICLE
Northampton
Mass
Calvin Coolidge
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