Stock Market Mixed as Gains Erode Under Bullish Hopes
The market softened after a burst of buying with modest advances in Industrie shares and a firmer tone overall. Rail stocks fell from early gains while utilities sagged, dividends fell and commodity strength buoyed speculation on inflation relief. Prime Minister MacDonald visit to Washington drew interest as discussions on international trade and monetary plans loomed.
MENTIONED IN THIS ARTICLE
Cros& Tone
Allied Chemical
American Can
Union Pacific
Goodyear
American Sugar
U. S. Steel
New York Central
Westinghouse
Chrysler
Consolidated Gas
United Gas
Wall Street
MacDonald
Washington
Roosevelt
Lver
Columbia Gas
Wool Market In Boston Sees Low Bids On Fine French
Boston wool traders report weak demand with few buyers seeking average French combing 64s and finer. Prices around 37-38 to secured basis, with market largely around 40 scoured. Some lots held at 42-43 scoured but little demand at those levels.
MENTIONED IN THIS ARTICLE
Boston
Chicago Grain closes with May contracts mixed
Chicago April 6 AP reports grain and livestock futures with May wheat at 57 3 4, July 58 5 8, September 59 1 2. Corn May 34, July 36, September 37 3 4. Oats May 20 3 4, July 21 1 4, September 21 5 8. Rye May 46 3 4, July 46 7 8, September 46 7 8. Barley May 31 3 4, July 33 3 8. Lard May 4.35, July 4 45-47. Belly May 6.00, July 6.25.
MENTIONED IN THIS ARTICLE
Chicago
New York Cotton Prices Rise On Broadening Demand
May cotton rose to 6.54 and October 6.92 as commissions demand and covering buy orders pushed futures higher. Midday activity cooled with small advances, then the market closed steady to 10 points higher, with May at 6.50 and October at 6.88, other months near 7.00.
MENTIONED IN THIS ARTICLE
New York
Galveston Cotton Prices Steady at 106
Spot cotton in Galveston steady at 106 cents per pound with middling grade at 6.45 and sales at 517 bales, AP report from April 6 notes.
MENTIONED IN THIS ARTICLE
Galveston
Galvesteen
New Orleans Cotton Market Closes Steady
New Orleans market closes steady with 9 point changes versus prior session. Pot cotton sales reach 1,017 units, middling price quoted at 6.47.
MENTIONED IN THIS ARTICLE
New Orleans
Marron Remains On NMU Board Of Regents
Mrs O N Marron says she still serves on the University of New Mexico board of regents and has not been notified of removal. Appointed by the governor in 1931 for a four year term, she confirms ongoing membership though also serving on the state board of education.
MENTIONED IN THIS ARTICLE
Albuquierque
N. M
N. Marron
State Board of Education
Board of Regents
University of New Mexico
University Board of Regents
Stock Averages and New York Market Notes
Stock averages for April 6 show listed industry, railroad, utilities, and composite figures with today and previous day values. Notable items include Carb elica, Atle Nat Gas, Ford Ltd, Gulf Oil, Humble, Newmont, and S Ound with varied price changes.
MENTIONED IN THIS ARTICLE
Atle Nat Gas A
Ct Sve New
St Ive Ptd
Resson
Ibb & S
Ford Ltd
Gulf Oil
Humble
Newmont
S Ound
Kansas City Livestock Market Report April 6
U S Dept of Agriculture tally shows cattle 1500 head and calves 300, killing classes steady to strong. Nebraska fed yearling steers about 6.25, other fed steers and yearlings 3.75 to 5.00, butcher cows 2.50 to 3.00, bulls 2.40 to 2.59. Hogs slow but steady to higher, sows 3.00 to 3.20, vealers 5.00 to 6.00. Sheep 8000 head with wool lambs 25 cents lower, best 5.00 to packers 4.75 to 4.85. lightweights, native spring lambs 7.00 to 7.10.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
U. S. Dept. Agr
Nebraska
Texas kills sales tax bill in Texas Legislature
Austin Texas April 6 AP The administration's sales tax bill was killed when the Texas House of Representatives refused to print the bill on minority report, ending its path this session.
MENTIONED IN THIS ARTICLE
Austin
Texas
House of Representatives
Minority Report
Weather Forecast for Roswell and Pecos Valley
Roswell and Pecos Valley fair tonight and Friday with warmer conditions tonight in both areas. New Mexico overall fair tonight and Friday with a warmer night expected across the state.
MENTIONED IN THIS ARTICLE
Roswell
Pecos Valley
New Mexico
Regents Board Wish Delayed by Governor Decision
Mrs Marron says she may serve on both boards but does not wish to. She wrote to the Governor several days ago expressing enjoyment of her regents role and asking for his guidance. She is waiting for a reply. Record Want Ads Get Results
MENTIONED IN THIS ARTICLE
Marron
Board of Regents
State faces $654000 revenue loss and possible budget cuts
Governor Seligman discussed a projected tax shortfall and a net revenue loss of $654,727.50 for the year. Officials warned of potential salary reductions for three months, with a $371,727.50 deficit likely by June 30 unless tax collections improve beyond 60 percent.
MENTIONED IN THIS ARTICLE
Santa Fe
Arthur Seligman
Clinton P. Anderson
Hannet
Rainey outlines action plan for remaining session
Speaker Rainey announced at a press conference that no action would be taken on silver measures during the rest of the special session. The statement framed the agenda and signaled priorities for lawmakers proceeding with the legislative program.
MENTIONED IN THIS ARTICLE
Washington
Rainey
Program for district meeting of P T A
The district meeting of the Parent Teacher Association at the Junior High School this Friday features an invocation by Rev. D. B. Titus, community singing, Welcome by Mr. D. N. Pope, and a Roswell High Glee Club performance. Theme is Character Education with talks by Mrs. C. E. Mason, Mrs. G. W. Wilcox, and Dr. H. C. Henderson. A covered dish luncheon follows. Afternoon sessions include a vocal solo by Mrs. Helen Hill Jones, a County Council business meeting, and a talk on Parent Education by Miss Sowers.
MENTIONED IN THIS ARTICLE
Parent- Teacher Association
D. B. Titus
Thelma Perry
D. N. Pope
Roswell High School
Glee Club
Miss Perry
C. E. Mason
G. W. Wilcox
America
H. C. Henderson
Carlsbad Nuptials Surprise Local Residents
Miss Liela Hedrick married W R Smith in Fort Sumner on Sunday April 2 at seven. Both spouses reside in Carlsbad. Mrs Smith is a nurse and Mr Smith works for Sears Chevrolet Co. Also notes of visitors, Delphian society meeting, mission conference plans, scout executive visit, contract bridge gathering, and local church meeting announcements.
MENTIONED IN THIS ARTICLE
Rose Ellen Castle
Carlsbad
Liela Hedrick
W. R. Smith
Fort Sumner
Alpha Hedrick
E. O. Hedrick
House
New Mexico
Valencia
The
Delphian Society
Crawford Hotel
E. T. Cartier
C. S. Walker
Wormen’s Missionary Society
Methodist Church
Gallup
Tri- L. Contract Bridge Club
N. Canal Street
Katherine Burns
Mary Belle Rickman
Corrine McAdoo
Virginia Yates
Lucretia Douglas
Vick Boyce
Jessie Douglas
Sue Catherine Williams
Major
E. L. Lusk
Roswell
Roy H. Lamier
Church of Christ
Traces of Akron wreckage at sea and inquiry moves
Bits of wreckage and oil slicks were found as searchers scoured the Atlantic off the Jersey coast for the Akron crash. Navy inquiry plans advance with a new board at Lakehurst and a congressional probe. Akron survivors visited President Roosevelt to recount the loss of 73 crewmen.
MENTIONED IN THIS ARTICLE
Washington
Akron
Jersey
Naval Inquiry
Lakehurst
Swanson
Navy
House Naval Committee
King
Utah
White House
Roosevelt
Barnegat
Naval
Barnegat Beach
Coast Guard
Writer Urges More Severity At Weddings
Doris Blake notes Mary Borden argues for harsher wedding ritual to curb vanity and solidify commitment. The piece praises deeper solemnity while warning true change hinges on education and realistic views. references to a 28 year old standard and the Jones family scandal, plus a governor’s greetings to park officials.
UNM Board of Regents Faces Possible Changes
Albuquerque April AP reports the University of New Mexico board of regents awaits Governor Seligman’s decision on potential membership changes. Two seats may be vacated, with M Ralph Brown possibly replaced and Mrs O N Marron to be succeeded by an Eastern New Mexico woman, though no resignations are recorded. The president Henry Coors and Brown still sign university checks as no board meeting in over a month. The board may soon decide on a $25,000 stadium completion expenditure.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Board of Regents
The
University of New Mexico
Seligman
Santa Fe
M. Ralph Brown
O. N. Marron
State Board of Education
New Mexico
Henry Coors
Brown
Rainey Discusses Naval Bill and Global War Threats
Rainey warned no action on Silver amid support for a public works bill including a naval program. He urged Britain France and the U S to decide on it. He cited Vinson’s 235.9 million naval plan and warned the next war would use gas submarines and air bombs, adding he hopes it won’t come.
MENTIONED IN THIS ARTICLE
Rainey
Great Britain
France
United States
Vinson
House Naval Committee
Shepard Appeals to Highest Court for Murder Conviction
Major Charles A. Shepard, convicted of murdering his wife and twice denied appeals, seeks relief from the U S Supreme Court. From Fitzsimons General Hospital he conferred by telephone with his attorneys toward filing a petition for stay of execution with the Tenth Circuit Court of Appeals.
MENTIONED IN THIS ARTICLE
Denver
Charles A. Shepard
Supreme Court of the United States
Fitzsimons General Hospital
Aurora
Shepard
Tenth Circuit Court of Appeals
Roosevelt's conservation corps hires 29000 for forest work
Washington April 6 tap. Twenty five thousand unemployed men in 17 large cities were selected today as the first members of President Roosevelt's conservation corps for work in national forests. Recruits will begin conditioning and depart to tented camps in national forests and parks. They will work 40 hours weekly, sharing much of their $30 monthly pay with dependent relatives. A second selection will start soon, with 250,000 on duty by July. First camps will be in George Washington National Park near Luray Virginia.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Conservation Corps
National Forests
George Washington National Park
Luray
Virginia
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