Stock Markets Rally After Sluggish Day on Wall Street
New York traders returned to life in a heat drenched session as the market moved into a late rally. Alcohol stocks led gains with 2 to 6 point increases while others followed with smaller climbs. Transfers totaled 788 shares as many houses stayed on the sidelines.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Chicago
Winnipeg
National Distillers
U. S
Crown Cork
Sears Roebuck
Deere
Montgomery Ward
Allied Chemical American Telephone
Bethlehem Steel
du Pont
American Can
Johns Manville
Wesern Union
U. S. Smelting
Delane
Wool trading quiet as prices hold firm in Boston
Usual Wool Department report from Boston notes quiet trading with occasional sales within last week’s range. Ordinary combing 53' 60's and blood territory wool sold at 75 cents on secured basis for moderate quantities. Most deals are small volume. prices seem firm though some earlier ask prices have softened slightly.
MENTIONED IN THIS ARTICLE
Boston Wool
Boston
US Dept. Agr
Kansas City Livestock Market Summary Aug 1 1940s
Hogs 5000 head slow to weak, down 19 cents from Mondavy’s average. top 4.15, bulk 180-290 lbs 4.00 to 4.10, sows 10-20 cents lower at 3.09 to 3.40, stock pigs firm to 10 cents higher at 3.20. Sheep 5000 head generally steady. top native lambs 7.60, fed shorn lambs 6.85, fed yearlings 5.50. Cattle: few loads light-steer sales at 5.25 to 6.50, better grade dealers 4.50 to 5.50, butcher cows 2.40 to 3.25, bulls 2.26 to 2.50, stockers/ feeders 3.25 to 5.00.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
USDA
Mondavy
Arizona
Chicago Grain and Oil Prices From Chicago Market
Chicago grain and commodity quotes show September wheat at 97 1 8 cents, December 1.900 3 4, May 1.947 8. Corn September 53 3 8, December 55 3 8, May 64 1 8. Oats September 58 3 4, December 43 1 8, September 73, December 78 5 8, May 85. Barley September 58, December 62 1 4, May 67 1 4. Lard September 6.40, October 6.52, December 6.89. Bellies September 7.00, October 7.27.
New York Cotton Futures Rise on Covering and Trade Buys
New York August 1 AP Cotton futures firm after light offerings following Monday liquidation. December rose to 10.77 with 43 point gain, then eased to about 10.69 as active months dipped 4 points. Futures closed 30 to 39 higher. Oct 10.50-10.51, Dec 10.71-10.72, Jan 10.80, Mar 10.93-10.93, May 11.09-11, Jul 11.24. Spot middling 10.40.
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New York
New York Stock Exchange
Adam Exp & i
Aic&dye
Nkl
T&t
Amcar&f
Kencott
Amer Loc
Krog_ Gr
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Lambert
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AmRadSt
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Tob
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Nor Pac
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Colgate
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Sears
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du Pont
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T&r
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Glidden
Ms Smelt
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Warn
West Mid
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Commission House Buvrag
New Orleans Cotton Market Sees Spot Rise Sharply
New Orleans on August 1 reports spot cotton steady with a 38 point gain, sales at 83, middling price around 109.36. AP notes pricing strength in the commodity market amid steady demand and regional trading.
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New Orleans
Public Works Allocates Nearly 100 Million Dollars
The Public Works Administration allotted about 100 million dollars for three major projects. The largest 63 million goes to the Grand Coulee dam on the Columbia River for power and irrigation, approved by President Roosevelt last week. Casper-Alcora reclamation gets 22.7 million, with 11.5 million immediate for the nine foot channel on the upper Mississippi. Secretary Ickes notes no reference to interstate water rights for the Casper-Alcora approval.
MENTIONED IN THIS ARTICLE
Washington
Public Works Administration
United States
Grand Coulee
Columbia River
Roosevelt
Casper-Alcora
New York Stock Quotes Averages and Readouts
A condensed list of stock prices and figures from New York markets shows muted advances and declines across major issues. Notable entries include Ford Ltd, Humble Oil, Am Cyan B, Gulf Oil, and Newmont with varying fractional gains and losses, alongside overall index readings and volume indicators.
Tear gas used to catch elusive Moore in Springfield hotel
Police and National Guardsmen bombarded the Daniels Hotel with tear gas for over half an hour as Pieas Moore 68 shot Policeman Ernest Purgatory 26 then fled. Moore slid to a lower floor, tried to pose as a band member, was captured, and led away as officers secured the area amid a crowded street scene.
MENTIONED IN THIS ARTICLE
Springfield
Pieas
Daniels
Moore
Ernest Purgatory
Legion to Hold Roughneck Program After Meeting
The Roswell Post of the American Legion plans a roughneck program after its regular monthly meeting next Monday night in the Cahoon Armory basement. Ex-service men are invited. the event begins at 7 30 with a combat style program featuring a wrestling match Kendall versus Gaston and a six-man blindfolded belt bout among groes, plus boxing matches Neis versus Treek and Eton versus Mills. The event was organized by Bill McKenzie with Ed Purdy and Darwin on the committee. McKenzie previously held amateur welterweight titles across Missouri, Kansas and Oklahoma.
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Roswell
American Legion
Reguar
Cahoon Armory
Bill Kendall
Kendrick Gaston
Gifford Neis
Bill Treek
Red
Eton
Jimmy Mills
Bill McKenzie
Legion Post
Ed Purdy
Mr. Darwin
Kidnapped Oil Man Returns Home From Abduction
Charles F Urschel Oklahoma City oil millionaire was safe at home today after being kidnaped on July 22 by machine gunners. He declined to say if ransom was paid. A separate case involves Albany youth John J. Downe Jr. and the O Connell family paid $40,900 for his return. Governor Lehman urged New York to make ransom payments a felony. Police sought suspects in a Baltimore girl abduction while criminologist Dr Carleton Simon argued against paying ransom.
MENTIONED IN THIS ARTICLE
Associated Press
Charles F. Urschel
Clahoma City
Manny Strewl
John J WD Uonne’, Jr
Albany, N.Y
Cus Ody
O’connell
Herbert H. Lehman
New York
Baltimore
Maryland
Carleton Simon
Chicago
Wage codes and 40 hour week advance nationwide
Washington reports on wage and hour agreements affecting retailers and other industries under the Roosevelt administration. The retailers code sets a 40 hour week with 48 hours for inventories and certain roles, plus weekly minimum wages ranging from 13 to 14 dollars depending on city size and a 1 dollar lower rate in several states. The note also mentions faster hearings on autos coal and other industries and a new millinery hearing underway. Dr Goodsell residence redecorated for rent at 102 North Penn Ave with August 20 availability.
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Johnson
Hyde Park
N. Y
W. E. Goodsell
North Penn. Ave
Altic
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