Stocks Recede After Opening Strength at Mart Opening
The market opened strong but soon faced a renewed wave of selling. High priced sleepers like Radio, Montgomery Ward and Wright Aeronautical faltered while rails and industrials held support. Major declines hit several leaders before a late recovery in some issues.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
AP Financial
New York
Montgomery Ward
Wright Aeronautical
United States Steel Corporation
Standard Oil Co
Indiana
Chicago
Radd
National Tea
General Motors
Johns Manville
National Biscuit
International Nickel
Russia Insurance
Columbia Graphophone
Packard Motors
Victor Talking Machine
Chicago livestock markets steady to weak on midwinter bids
In Chicago on December 10, hogs traded mostly 15 to 20 cents lower with top at 8.75 for selects 250 to 300 pounds. Cattle and calves market showed limited activity with losses 25 to 500 lower on slaughter classes. feeders and stockers ranged 11.25 to 14.50 for select weights. Sheep market slow with early sales steady to weak and fat lambs around 13.25 to 14.15 for good to choice.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Cash Grain Prices Reported
Chicago cash grain quotes for December 10 show Wheat No 3 red at 1.32, No 2 hard 1.19 and a half, Corn mixed around 80 81 cents, Yellow 81 1/2, Oats No 2 white 7 4 8 34, No 4 white 44 46, Barley 55 70, Timothy seed 525 580, Cloverseed 350 31590, Lard 10.09, Ribs 10.00, Bellies 11.75.
MENTIONED IN THIS ARTICLE
Chicago
Cotton futures close steady in New Orleans trading
New Orleans December cotton futures closed steady with slight gains of up to two points. Leading contracts ranged from Jan to Dec 1965 with highs near 1960 and lows around 1838 as the market fluctuated amid the session.
MENTIONED IN THIS ARTICLE
N. O
New Orleans
Washington fears threats to press anti Jim Crow laws
In Washington reports say colored politicians may push Hoover to back federal action against Jim Crow in the South. John R. Hawkins is named to lead the effort. analysts doubt federal power can negate state segregation, though some see political openings with Northern Democrats and Tammany support. Hoover’s aides suggest he will soft pedal on race in Southern offices.
MENTIONED IN THIS ARTICLE
Washington, D. C
Herbert Hoover
North Carolina
Washington
St. Louis
John R. Hawkins
Hoover
Kansas City
Congress
Democratic Party
Tammany
Alfred E. Smith
Smith
South
Tennessee
Mer
Grain prices fall as stock weakness weighs on Chicago market
Chicago grain markets slip amid stock market weakness and scattered liquidations. Professional traders tilt toward the bear side in all pits as the US wheat visible supply drops fail to steady prices. wheat, corn, oats and provisions close lower.
MENTIONED IN THIS ARTICLE
Chicago
United States
Second Bunion Derby Planned by Pyle
New York promoter Cr C Pyle announces a second cross country marathon set to begin March 31 from New York with a Pacific coast finish likely. He plans a $300 entry fee and no meals or lodging, aiming for over $60,000 in prizes including a $25,000 first prize.
MENTIONED IN THIS ARTICLE
New York
Cr. C. Pyle
Pyle
Andy Payne
Claremore
Okla
Gaelic language required for Irish lawyers under new rule
Dublin says Irish lawyers must show working knowledge of Gaelic before practicing in Saorstat courts. Chief Justice to verify language ability. Gaelic becomes official language alongside English under the constitution while English remains dominant in legal business. Gaelic also mandatory in primary schools and bilingual on official materials.
MENTIONED IN THIS ARTICLE
Dublin
Free State
Saorstat
Ireland
First woman physician in 18th century Germany noted
A Leipzig paper cites old documents to show the first woman physician in 18th century Germany, active in Quedlinburg. She was born November 13, 1715, and learned medicine from her father Dr Leporin.
MENTIONED IN THIS ARTICLE
Leipzig
Germany
Quedlinburg
Leporin
Belgium Calls for Doctors for African Colony
In Brussels the cabinet of Premier Henri Jasper wins a parliamentary battle after defeating socialist and communist opposition over national defense. Left groups backed six months military duty but failed to sway lawmakers, signaling a potential decline in socialist and communist influence.
MENTIONED IN THIS ARTICLE
Brussels
Henri Jasper
Socialist Party
Futrelle Testifies Land Valued at $500 Per Acre
A. E. Futrelle testified in the High Point case brought by Lois Lambert and Edna Potter that the Deep River property involved was worth $500 per acre, correcting a previous report of $1,000 per acre.
MENTIONED IN THIS ARTICLE
A. E. Futrelle
High Point
Lois Lambert
Edna Potter
Deep River
Dividing marks on state roads urged by Greensboro post
Greensboro Post A of the Travelers Protective Association mailed copies of a resolution urging a dividing line marking the full length of hard surfaced highways as at curves. The Greensboro post with 1,200 members adopted the resolution, introduced by C. C. McLean, to reduce highway accidents and losses.
MENTIONED IN THIS ARTICLE
Greensboro
Frank Page
State Highway Commission
Greensboro Post A
Trawlers Protective Association
Greensboro Post
C. C. McLean
McLean
Woman in narcotics case linked to Rothstein network
In a continued report, Mrs. Boyd is brought to New York by U S marshals as James Kerrigan joins the investigation into Rothstein linked drug syndicate. A suit case of narcotics was transported from Chicago with her, and agents find Christmas cards among the seized drugs. Police officials face political pressure over perceived police inaction in the Rothstein murder case.
MENTIONED IN THIS ARTICLE
Warren
Republican County Committee
W. Kingsland Macy
Suffolk County
Rothstein
Macy
Franklin D. Roosevelt
Charles S. Whitman
United States
Emory R. Buckner
Charles H. Tuttle
Fire Damages Smithfield Dollar Store at $30,000
Damage estimated at thirty thousand dollars occurred when a fire of undetermined origin swept the American Dollar store in Smithfield Saturday night. A cafe next door suffered smoke and water damage. Selma firefighters helped prevent the blaze from spreading.
MENTIONED IN THIS ARTICLE
Selma Fire Department
Cotton Futures Open Lower as New York Prices Decline
In New York on December 10, cotton futures quotes show January through December contracts with mixed early to late trading. Prices move from highs near 1976 to lows around 1838 with most timelines closing slightly above prior levels.
Cotton Opinions and Market Weather Across Regions
Cotton opinions from Wade Brothers and others predict buying now with potential advances as markets fluctuate. Weather reports show cold fronts and frosts across Texas to Alabama, Arkansas, Georgia, Louisiana, Mississippi, Tennessee, and Oklahoma, with frost in many areas. Market notes warn of selling pressure in early dealings but expect a rally later from short covering and support orders.
MENTIONED IN THIS ARTICLE
Wade Brothers
J. S. Bache and Company
Orvis Brothers
Hubbard Bros
F. B. Keech and Co
Texas
Ft. Worth
Dallas
Houston
Alabama
Huntsville
Florence
Mobile
Thomasville
Dothan
Birmingham
Montgomery
Monroeville
Arkansas
Pine Bluff
Texarkana
Little Rock
Georgia
Newman
Columbus
Albany
Atlanta
Lake Charles
Shreveport
Baton Rouge
Miss
Meridian
Greenwood
Indianola
Hattiesburg
Tenn
Memphis
Chattanooga
Nashville
Oklahoma
Ada
MO. F. Clark & CO
JNO. F. Clark & CO
Stock Opinions On Market Tone And Stock Picks
Hornblower and Weeks see the current selling wave as returning leading issues to buying levels worthy of investment. Tobey and Kirk remain pricey and could fall. Morris and Townsend foresee no bear market but no resurgence of the bull swing this month. Ee F Hutton prefers paying up for a safely turned trend. JO F Clark & Co.
MENTIONED IN THIS ARTICLE
Ee. F. Hutton
JO. F
Liverpool Cotton Prices Ease Amid Subdued Trading
Cotton market in Liverpool shows lower spot quotes with American grades leading declines. Sales reach 6,000 bales including 4,600 American while receipts total 22,000 with 21,800 American. Futures end quiet and steady with Dec and Mar positions reported.
MENTIONED IN THIS ARTICLE
Liverpool
Maren
Euiy
Butter and Eggs News Roundup from New York
Butter steady with receipts 2,979 as creamery butter climbs to extra 92 score and firsts around 58 to 61. Eggs unsettled with receipts 5,121 and fresh gathered extra around 50 to 51 cents per dozen.
MENTIONED IN THIS ARTICLE
New York
Judge Ells Explains Gas Reason For Delay
Bridgeport Connecticut Judge Arthur F. Ells arrived late to superior court and said he had been taking gas. He quipped blame it on the dentist if I am cross with the lawyers.
MENTIONED IN THIS ARTICLE
Bridgeport
Conn
Arthur F. Ells
Superior Court
Thieves Steal Coats From Greensboro Church
Thieves entered the vestibule of the First Presbyterian Church during services in Greensboro and took two overcoats, a form of theft seen here several times last year.
MENTIONED IN THIS ARTICLE
Greensboro
First Presbyterian Church
New School Books Approved by State Board
Raleigh reports the state board of education and Governor McLean approved a five year adoption of new reading and spelling texts. Newson primary readers cost 1.71 per set, Johnson Publishing work readers 1.88, Merrill study readers 2.77, Houghton Mifflin grammar work book for fourth year, and Laidlaw McCall speller 0.61. No elementary science text will be adopted, reducing seventh grade costs by 1.00.
MENTIONED IN THIS ARTICLE
Raleigh
State Board of Education
McLean
Newson
Newson and Company
Johnson Publishing Company
Charles E. Merrill Company
Houghton-Mifflin Company
McCall
Laidlaw Brothers
Textbook Commission
The
Education Board
Sugar Prices Hold Steady in New York Market
Raw sugar was unchanged at 3.93 duty paid with no sales reported. Refined sugar stood at 5.25 for fine granulated. A fair with drawal demand appeared, but overall new business was light and limited to nearby requirements.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
Chicago Livestock
EAGLE
Commercial National Bank
Allied Chem & Dye
Bosch
Briggs
Chic M St P & Pac
Chic & Nor West E
Chic RI & Pac
Chrysler Corpa
Coca Cola
Sense
Mtrs
Old Ee Eee
A Bros Ee
Gimbel
Gol¢ Dust
Aoodrich Comb
Goodyear Tire
Mtrs Eeee
Intl
Paper “Ee Ee
Kelly Sp Tire
Rod
Kresger S Com
T&sly Kroger
Loews Inc
Lig & Myers
OG & Ao
Miami
Mid States Oil
Vrae
Mo Kans & Te Vf
Pacom
Mont Ward
Murray Corpn
New York Central
Nor Am Coronu
Nor Pac Ee Ewe
Otis Stl Coron
Th. i
Rey Tob
St Louis Sa
Aiea
Sears
Simmes Pete
Sinclair Oil
Studebake Corpn
Union Pac Mr
United’ Cigar
Viek Chem
Warner Bros Pic
Robert M. Lynn
Carolina
Belgium
Africa
Futrelle
Smithfield
N. Yy
Owen
Carolina Chemical Co
Union, S.C
Chrysler
Gate City Motor Company
Jack Burris
MD. South
Wrenn Street
Elgin, Hamilton
Waltham, Illinois
Elise
Wagger Jewelry Co
North Main
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