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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 01, 1935
Page
4
The New York Stock Exchange closed with a wide list of names showing varied moves led by industrials and utilities. Traders tracked gains in airlines, energy plays, and steel while some rail and auto concerns dipped, leaving mixed results across the board. Major issues traded included AT&T, Chrysler, General Electric, U.S. Steel, Gulf Oil, and Stem-related firms, with prices fluctuating throughout the session.
The New York stock market began August with a steady undertone and some profit taking. Rails led gains among groups, while grains in Chicago were nervous and cotton slipped. Several big names moved fractionally or steadied, with utilities and major firms like U S Steel and General Motors marking time. Some traders waited for fresh stimulus in the news.
Chicago August 1 AP reports closing grain prices with wheat at September 93 3 8, December 94 5 8, May 96 4 0. Corn futures show September 77 7 8, December 63 1 4, May 64 3 8. Oats linger at September 32 7 8, December 34 3 8, May 36 1 2. Rye values listed as September 45, December 48 1 8, May 51 1 2. Barley September 46, December 45. Lard futures range September 14 60, October 14 25, December 13 20, May 12 52. Bellies: September 18 15, December ?
Livestock prices in Kansas City on August 1 show hogs at 10.25 to 10.85 for various weights, sows 9.00 to 9.25, cattle with 1339 lb steers at 10.70, grass cows 4.25 to 5.50, yearling heifers 9.00, and sheep lambs around 8.00 to 8.40 with medium lots 6.50 to 7.35.
Boston August 1 reports steady yet spotty demand for western grown wools. Prices unchanged for 64s and finer. twelve months Texas wools steady around 70-72 cents for average staples and 73-75 cents for choice on a secured basis.
A compact Associated Press sourced ledger of stock quotes shows prices for Amoco, Amn Cyan, Am Fen P War, Amn G & E, Am Maracaibo, Ark Nat Gas, Associ G E A, Brillo, City Svc, City Soc Pid, Con Cop Min, Cord Corp, Cusi Mex, El Bons & Share, Ford Met Ltd, Gulf Oil Pa, Hecla Min, Humble Oil, Lib McN & Lib, Newmont Min, Nia Hud Pow, Penn Road, Unit & Pow A, and Unit Verde with current trading figures in fractions and cents.
New York cotton steadied after early losses as shorts covered with limited offerings. Oct futures held around 11.59 with nearby months down modestly. spot middling at 12.00. In Galveston, spot cotton remained steady with a 15 point drop and middling price 11.80, sales 75.
In Indianapolis Davis Mitchell the defending champion and Arthur Armstrong an 18-year-old Honolulu star led 14 other survivors into the third round of the national public links championship. A win for each in two 18 hole matches would set up a 36 hole semi final between the pair, both in the lower bracket. The 27-year-old champion defeated Armstrong 5 to 3 in last year’s final in Pittsburgh.
Walden Bassett enters his back yard at 708 South Michigan in the City Beautiful Contest. Mrs. Opha McGlone contributes a bouquet of mixed annuals. These flowers may be seen at the Chamber of Commerce.
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