Stock Market Opens With Rail Shares Rising On Optimistic Tone
Wall Street resumes recent gains as interstate commerce commission approves partial rate increases for railroads. Frac tional advances appear in major transportation stocks including Santa Fe Delaware & Hudson Union Pacific and N Y Central. Other leaders like American Telephone and U S Steel and General Motors edge higher before paring gains. Transfers reach 444 590 shares.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Interstate Commerce Commission
Brussels
Belge
Santa Fe
Delaware & Hudson
Union Pacific
N. Y. Central
Southern Pacific
Pennsylvania
Baltimore & Ohio
American Telephone
Western Union
du Pont
U. S. Steel
General Motors
Chrysler
Johns Manville
American Tobacco
Allied Chemical
U. S. Industrial Alcohol
National Distillers
Bahn Aluminum
New York Stocks Close Mixed on Tuesday April Trading
A list of New York Stock Exchange quotes shows numerous stocks with mixed gains and losses led by AmAlg and Anaconda and including major names like General Electric, IBM, Chrysler, and U S Steel. Traders watched subtle shifts across sectors with several papers advancing while others slipped amid light volume.
Kansas City Livestock Market Report April 1
Hogs 4,000 with top 8.75 for 210 lb and up. Cattle 12,000. steers 900-1500 lbs 9.75-13.50. heifers 550-900 lbs 8.25-11.00. cows 6.50-7.75. vealers 6.00-9.00. stocker and feeder steers 6.25-9.75. Sheep 13,000. wooled lambs 7.25-8.00. lambs 90 lbs and under 7.25-8.50. yearling wethers 4.75-6.50. ewes 3.75-5.00.
MENTIONED IN THIS ARTICLE
Kansas City
Ap-Us
Wool Market Shows Slower Pace in Boston Trade
The Boston wool market moved slower than the prior week though quotations remained fairly firm and unchanged. Reports from foreign centers varied with European markets unsettled while Australian prices held steady with suptter combing 64s 60s quoted at 78 cents landed Boston duties paid.
MENTIONED IN THIS ARTICLE
Boston
U. S
Australia
Grain close at Chicago and curb market listings
Grain futures in Chicago settled mixed with Wheat May 94 7/8 July 91 3/8 September 90 7/8 Corn May 80 5/8 July 74 5/8 September 70 1/8 Oats July 39 3/8 September 37 3/8 Rye May 54 3/4 July 56 September 57 3/4 Barley May 68 3/4 June 62 September 12.60 listed for ILARD Bellies figures appear unclear New York curb quotes list several securities and commodities including Am 38 7/8 Akint B 16 1/8 Gulf Oil Pacific Min and other traders and stocks.
MENTIONED IN THIS ARTICLE
New York
York Stock Exchange
AdamExp
Sil
T&t
Alaska J
al C&dye
Kencott
Allis
KrogGro
AmrCan
Amrp&l
MoPac A
Amte&t
Nat Dist
AmWwWk
Nat P&l
Amwpf
NY Ctl
Anaconda
Nynh&h
Arm Ill
Nfk Wst
Armiupf
NaAviat
At&sf
NorAmr
Nor Pac
Aub Auto
Ohio O11
Avia Cor
OwlllGl
Bal Loco
Pac G&e
Bal Loco Pf
Packard
B&o Rail
Park U
Phelps D
Beth Stj
PhilPet
Bob Alum
Gam
Borden
PubsIny
BuradMa
Pullman
Byers Co
Pure Oil
Hec
RemRand
C&o Rail
P&p
Chi Ri&p
Chrysler
Colgate
Col G&e
Corn Pro
Coty
Curt Wrt
Lac&w
Doug Air
DuPont
Eastmn
Auti
E Boat
Blec P&l
Elle RR
Fox FA
Frep Tex
Elec
Gen Food
Mtr
Gil Raz
Glidden
Goldust
Goodyear
GtNorPf
Gwsugr
Gwwsepf
Homstak
Snd
Ind Ray
Safeway
StroLead
St L&sf i
Seab Oil
Sears R
Shell
Studbkr
TexCorp
Texpc&o
TexPiTr
Timken
Air
Air Corp
Unit Corp
US Steel
West Mary
West UN
West Air
E&m
CURB
iThe Associated Press
Gs Am
G&e
Maracaibo
I Ait B
Cord Corp
Isi Mex
el Bous & Share
Ford Met Ltd
Gulf Oil Pa
Hecla
Humble Oi
Lib McN & Lib
Newmont
Nia Hud
Penn Road
Swift & Co
UN Light & Pow A
Unit Verde
U S Bonds Market Update From Associated Press
U S bonds quotes list several issues with bid and ask ranges including Fourth 4 1/4s at 33 to 38 old, Treas 4 1/4s at 47 to 52 and 115.25, Home Owners 4s at 51 and 101, Fed Farm Mtg 3s at 49 and 101.21, and Fed Farm Mtg 3 1/4s at 103.12.
MENTIONED IN THIS ARTICLE
U. S. Bonds
Associated Press
Treas
Fed Farm
Galveston Cotton Prices Steady as Market Opens
In Galveston on April 1 the spot cotton market opened steady with mid dling at 10.30 cents per pound. Sales totaled 200 bales.
New York Cotton Trades Narrowly After Early Declines
New York April 1 AP early declines of 18 to 2 points due to hedging and liquidation gave way to partial recoveries on trade buying. July futures dipped to 10.91, rallied to 11.01, and hovered near 10.98 in mid afternoon trading. Close was very steady with May 11.01 July 11.05 October 10.50 December 10.50 January 10.55 March 10.58 spot middling 11.30.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton closes steady amid mixed sales
New Orleans spot cotton ends unchanged with a five point drop. Sales reach 356 bales while middling prices hold at 11.30 per unit, reflecting tentative demand in the market.
Little Snow to Give Water for Reservoirs
Washington April 1 AP Reports to the Reclamation Bureau show snow fall on western watersheds may not be enough to provide run off to restore stored water used for irrigation in drought areas. Mae Schnurr says it is early to tell but February saw little pack added and the deficient fall extended into March.
MENTIONED IN THIS ARTICLE
Washington
Reclamation Bureau
Mae Schnurr
The
Reclamation
Miss Schnurr
U S Withdraws NRA Test Case
The Supreme Court allowed the government to drop its NRA case against William E. Belcher of Alabama, a move expected to resolve whether the recovery act is constitutional.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
NRA
William E. Belcher
Alabama
Poland Sees Gate Open to Easter Peace Proposal
A spokesman said Poland will listen to Captain Kuwen from Berlin and Moscow on an Easter peace proposal as a guarantee, though they oppose it so far. Hitler reportedly left a door open in talks with Eden and Simon. Pacelli acts as pope during the sede vacante. no new cardinals. Bishop confirmations include Mgr. Robert E. Lucey of Amarillo, Texas.
MENTIONED IN THIS ARTICLE
Kuwen
Berlin
Moscow
Reichsfuehrer
Hitler
Germany
Eden
John Simon
Secre
Pacelli
Pietro Gasparri
Mgr
Robert E. Lucey
Amarillo
Tex
Polis
Poland
Warsaw
Lnk
Joseph Pilsudski
Joseph Stalin
Europe
London
Tokyo
Japan
Eiji Amau
Orient
Eden and Poland dominate talks amid European security drive
The piece outlines Eden's Warsaw visit and Poland's stance on a broader eastern pact while noting opposition to untested links. It covers a joint Anglo French Russian stance on collective security, demilitarization talks with Japan, and multiple court cases and trials including Otho Murphy and others, plus civil jury settings.
MENTIONED IN THIS ARTICLE
Jack Empie
Zach Morgan
Fred Morgan
Don Blevins
Cordelia Ohlhausen
Perry McElroy
J. E. Wells
Woodrow Wells
Bert Price
Eddie Speaker
A. L. Willis
Pete Gomez
J. E. Senn
O. J. Hull
Chaves County Building and Loan Association
Leon Ulrich
Mabie-Lowrey Hardware Company
F. G. Keyes
C. A. Swayze
Roswell Building and Loan Adopts New Monthly Plan
At the annual stockholders meeting the Roswell Building and Loan Association adopted a new loan payment plan with monthly payments and 7.2 percent annual interest charged only on the remaining balance. The plan, new to building and loan setups, is expected to boost local construction. Directors and officers were re elected, with J. F. Hinkle as president, R. H. McCune as vice president, H. D. O. Hammond as secretary treasurer, and Porter Cochran as assistant secretary treasurer.
MENTIONED IN THIS ARTICLE
Roswell Building and Loan Association
Federal Housing Administration
The
J. F. Hinkle
R. H. McCune
H.D.O. Hammond
Porter Cochran
House Stands By President On Work Relief
The House backed Roosevelt on sending the 4.38 billion work relief bill back to conference with the Senate to drop the direct work clause. Vote 249 to 110. Senate managers led by Glass defended the clause while Robinson urged removal. Glass warned the direct labor amendment risks altering loans and ownership rather than creating employment. Relief funds face tight April allotments as Hopkins and Fallaway seek transfers and continued use of PWA money amid impounded funds.
MENTIONED IN THIS ARTICLE
Washington
House
Roosevelt
Senate
Robinson
Glass
D-Va
Ickes
Congress
Relief Administration
Harry L. Hopkins
C. H. Fllaway
PWA
Public Works Administration
Fallaway
Relef
Huey Long mocks Roosevelt third party plans in 1936 talk
Washington April 1 AP Huey Long predicted Roosevelt may lead a third party in 1936 saying the president could organize one since 1932 and 1933. He blasted the current Democratic government as a St. Vitus dance party and recalled aiding Roosevelt’s 1932 nomination while refusing to name others who knew of the plan.
MENTIONED IN THIS ARTICLE
Washington
Huey Long
Roosevelt
Louisiana
Kingfish
McKee
LaGuardia
New York
St. Vitus
Long
Chicago
Pope Urges Prayer for Peace in War Fear Period
The pope urged three days of public prayer at Lourdes to seek peace and destroy those who seek war. He warned that war would be a grave crime and expressed fear over a widespread crisis—economic, political, and moral—filling humanity with dread amid a future of uncertainty. The consistory approved Thomas More and John Fisher canonizations and Cardinal Eugenio Pacelli as Camerlano.
MENTIONED IN THIS ARTICLE
Lourdes
France
Holy Father
Thomas More
John Fisher
Tuwere
Eugenio Pacelli
Commissioners Meet
The county commissioners held their monthly meeting today and transacted routine business.
Missouri Ends Federal Relief Rush
Missouri exited federal relief today affecting 699000 people. Surplus commodities in warehouses are being rushed to those in need by 34 trucks, but relief administrator Wallace Crossley warns the surplus will cover only partial needs for about one week.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri
Wallace Crossley
Two Guilty In Federal Court Owning A Still
In Santa Fe Antonio Armijo and Jose Baca pleaded not guilty at trial but were found guilty by a jury in U S district court. Each blamed the other for owning the still as Judge Colin Neblett appointed counsel for both.
MENTIONED IN THIS ARTICLE
Otho Murphy
Murphy
Bankhead Hotel
Co. F. Clark
Bob Bowen
Bowen
Owen
Herman Trujillo
Charles Shriner
Santa Fe
Antonio Armijo
Jose Baca
U. S
Colin Neblett
Senior Day at Roswell High features royal court
Roswell High School marked Senior Day with an assembly. Maurice Shaw played King and Marguerite Hennessey Queen in a mock Doggonega court scene while Sam Johnson acted as jester. The program included guitar solos, readings, songs, a golf sketch, sax and violin numbers, and choral performances by the senior class.
MENTIONED IN THIS ARTICLE
Roswell High School
Kingdom
Doggonega
Maurice Shaw
Marguerite Hennessey
Sam Johnson
J. D. Shinkle
Dwight Hoffman
Helen Schmid
Ruth Jean Smith
Donald LePell
Sara Louise Whatley
Ottolee Askren
Edith Coppedge
Joan Savage
Marian Sanders
Supreme Court ruling on life insurance company funds
Washington. The Supreme Court ruled that money held by life insurance companies to meet liabilities under mature coupons attached to policies may be deducted for income tax purposes. The decision clarifies tax treatment of reserves tied to policy obligations.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
Senate panel backs judges for several states in Ashurst bill
The Senate Judiciary Committee approved the Ashurst bill proposing two extra federal judges for southern California and one each for New Mexico South Dakota Kansas and Oregon.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
California
New Mexico
South Dakota
Kansas
Oregon
High Court Delays R RB Retirement Act Ruling
Washington April 1 The supreme court adjourned until next Monday without ruling on the constitutionality of the retirement act which provides pension at age 65 for more than 1,000,000 employees.
MENTIONED IN THIS ARTICLE
High Court
Washington
Supreme Court
New Mexico Grazing Plan To Ickes Next Week
Albuquerque April 1 The New Mexico plan for the administration of the Taylor Grazing Act will be presented to Secretary of the Interior Harold Ickes next week. De M Botts of Albuquerque, chairman of the state advisory committee, will depart Thursday for Washington with the plan.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
New Mexico
Harold Ickes
de M. Botts
Washington, D. C
Drive Out the Poison with Thedford's Black-Draught Adv
An advertisement promotes Thedford's Black-Draught as a remedy for constipation and cleansing the system. It claims relief from dizziness headaches bad taste and tired feeling with a note from D M Minton of Chiefland Florida praising the product. The ad emphasizes taking a dose once via a THEDFORDS BLACKDRAUG.
MENTIONED IN THIS ARTICLE
Thedford
D. M. Minton
Chiefland
Fila
Supreme Court blocks sale of railroad collateral in RFC case
Nashington April 1 AP The Supreme Court upheld federal courts power over railroad reorganizations preventing the reconstruction finance corporation and other note holders from seizing collateral. The ruling bars the Chicago Rock Island and Pacific sale, as the RFC holds over 25 million dollars in railroad notes and 37 million in collateral, with banks and trusts holding 34.125 million in notes secured by 14.4 million face value collateral.
MENTIONED IN THIS ARTICLE
Nashington
Reconstruction Corporation
Supreme Court
Chicago, Rock Island and Pacific Railroad
Federal District Court
Chicago
Seventh Circuit Court of Appeals
Rock Island
RFC
Police Judge J L Gober Dies in Albuquerque
Albuquerque police judge J L Gober aged 54 died at his home from a heart attack. He would have completed five years of service this month and had lived in Albuquerque 22 years. Funeral arrangements pending. Governor Clyde Tingley expressed regret, calling him a good neighbor and a splendid public servant who was fair and used common sense in rulings.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
J. L. Gober
Judge Gober
Collin County
Texas
Santa Fe
Clyde Tingley
Butch Gober
Salaries Restored for Federal Employees in April
Washington reports salaries of government employees were restored to pre low mood levels, adding about 65 million dollars annually to the federal payroll. The move comes after pay cuts under an economy act, with many workers in executive departments affected, marking the largest adjustment since the war.
MENTIONED IN THIS ARTICLE
Washington
Ortiz Named to State Labor Commission After Leyva Withdrawal
Santa Fe April 1 Governor Clyde Tingley announced the replacement of Leyva on the state labor commission. Frank V. Ortiz, Santa Fe County Clerk, will take Leyva's seat. Ortiz has served as bookkeeper, stenographer, school teacher, traveling salesman and state controller's office clerk.
MENTIONED IN THIS ARTICLE
Santa Fe
Clyde Tingley
Mike Leyva
Domingo Merchant
Leyva
State Labor Commission
Frank V. Ortiz
Santa Fe County
Ortiz
Farmers May Increase Spring Wheat Acreage
Washington April 1 AAA declares spring wheat farmers may raise acreage up to 165 percent of the 1928 183 average. The change revises Secretary Wallace’s March 20 plan which had opposed a mandatory ten percent cut for the prior season.
MENTIONED IN THIS ARTICLE
Washington
AAA
Wallace
Bank Statement Fragment from New Mexico Ledger 1935
A bank cash balance and liability note fragment shows deposits liabilities and capital accounts. It lists totals for loans and investments pledged, United States obligations, and state and municipal securities with figures like 895 500 dollars and 4 061 739 dollars. The form is sworn by cashier J E Moore with notary Lyman Sanders witnessing on 30th, 1935.
MENTIONED IN THIS ARTICLE
United States
House
House Reserve
Federal Reserve Bank
U. S
State of New Mexico
County of Caaves
J. E Moore
J. F. Hinkle
C. Hobbs
Clarence E. Hinkle
Also Mentioned on This Page
Kansas City Livestock
Chicago Grain
Grain
Galveston
New Orleans
Irvin Juarado
Ramon Carmona
Juarado
Carmona
Big Bill
Democratic Party
Pope
Commissioners
Roswell High
Life Insurance Cos
R.R.S
Gober
Names Ortiz
Reserve
First National Bank of
SPGI
Postal
E * Ewes
J. E. Moore
Lyman Sanders
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