Wall Street mixed on Aug 1 with modest gains and losses
New York stocks showed moderate progress with a few leaders slipping after a light trading day. Transfers reached 23 500 shares, with notable moves by Bethlehem, Sears Roebuck, International Paper, Union Bag, Westinghouse, GE, Du Pont, Eastman Kodak, and Chesapeake & Ohio. rail activity lagged and freight tonnage eased.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Stokers
Bethlehem
Sears Roebuck
International Paper Common
Fairchild Engineering and Aircraft
St. Regis Paper
Hammermill Paper
Electric Bond & Shore
Lake Shore
Molotov outlines Soviet foreign relations shifts
In a seven member meeting, Molotov reviews four months of Soviet foreign policy. He defends actions against U S embargo on gold, warns Finland to curb anti Soviet moves, and notes Italy and Japan potential alignment. He says German Soviet ties remain solid under the non aggression pact and cites stable trade with Rome. He calls Britain relations tentative though Cripps appointment hints effort to improve. Trade deals with Sweden anticipated. Turkey relations unchanged.
MENTIONED IN THIS ARTICLE
United States
Baltic
Lithuania
Latvia
Estonia
Great Britain
Finland
Molotoff
Britain
Russia
Germany
Italy
Japan
Rome
Stafford Cripps
Moscow
England
Sweden
Turkey
France
Norway
John L Lewis warns on profit from war spending
Santa Fe New Mexico August 1 1940s labor leader John L Lewis attacked government profits from defense spending. He urged protecting workers jobs schools and old age security while opposing a war economy that creates millionaires. He endorsed limited conscription and warned against entanglement in European or Asian wars. He said defense jobs may rise but warned of broader unemployment once markets shrink. He planned to visit Denver and Tezuque sister’s home while in Santa Fe.
MENTIONED IN THIS ARTICLE
Santa FE
N. M
John L. Lewis
Co. I. O
Lewis
St. Louis
United Automobile Workers
Denver
C. D. Collins
Tesuque
New Mexco
New Mexico
Congress
France
Europe
Rains Fall as Heatwave Grips Midwest and Baltic Talks Open
Mayor Bernard Dickmann of St Louis declares shirt sleeve days after 97 degree heat. Chicago stays in 70s overnight with 90s possible tomorrow. In Europe Belgium Netherlands Baltic states Latvia Estonia Lithuania on agenda and Soviet union moves discussed Stalin Molotov present. Andre Andreyeff presides.
MENTIONED IN THIS ARTICLE
Bernard Dickmann
St. Louis
Mercury
Chicago
Belgium
Netherlands
Baltic
Latvia
Estonia
Lithuania
Rumania
Soviet Union
Joseph Stalin
Molotoff
Andre Andreyeff
Central Communist Party Committee
Supreme Soviet
Stamp team weighs flag on postage stamp idea
Washington report notes a debate over placing the American flag on a postage stamp amid patriotism. The Post Office and Congress weigh risks of cancel marks, ink spots, and the stamp’s salience, with no final decision yet.
MENTIONED IN THIS ARTICLE
Washington
Post Office Department
Whistler
H. E. Rhoads
San Diego
Calif
Farley
Rhoads
San Diego Stamp Club
Air Mail
Vast Mountain of Copper in Arizona
MORENCI Arizona August 1 With a $30 million outlay Phelps Dodge digs a copper mountain of ore at Morenci The huge open pit has stripped 20 million tons of overburden revealing a 700 foot thick ore body totaling 6.5 billion pounds of copper Production expected December 1 1941 and a 25 000 ton per year concentrator smelter to follow More than 1 300 workers are employed in this spectacular development with hundreds of homes planned and a railway to service the mine
MENTIONED IN THIS ARTICLE
Morenci
Ariz
Phelps Dodge Corporation
United States
Phelps Dodge
Davis
Panama Canal
Flynn Named Democratic National Committee Head
Edward J. Flynn of New York accepted the chairmanship of the Democratic National Committee with August 17 as the start date. He pledged a thorough campaign and victory for Roosevelt and Wallace, noting that reversals would be impossible this time. Farley will retire August 17 to run the New York Yankee baseball system, following a White House conference.
MENTIONED IN THIS ARTICLE
Washington
Edward J. Flynn
New York
Democratic National Committee
Flynn
Roosevelt
Wallace
James A. Farley
White House
Farley
National Committee
New York Yankee
Byrnes
Chicago
Leo T. Crowley
Wisconsin
Federal Deposit Insurance Corporation
Crowley
Standard Gas and Electric Company
Market closes mix as Garb, oil names rise in New York
Cur crate: Garb gains, Carrier Corp and Humble Oil advance while Cities Service and Ford Metal rise. New York curb market notes uneven trading with small quick moves in oil and utility issues as buyers show selective interest.
MENTIONED IN THIS ARTICLE
CURB
New York
Garb Close
Carrier Corp
el Bond & Sh
Ford Met Ltd
Humble Oil
Wool futures rise as commissions aid New York market
New York wool futures posted gains after early weakness with Oct at 90.7, Dec 88.5, Mar 86.9. spot tops 98.0. Chicago grain and produce items show futures closes and steady butter eggs beef prices with no major changes amid firm live poultry and hatchery supplies.
MENTIONED IN THIS ARTICLE
New York
Chicago
New Orleans Cotton Market Quiet as Prices Steady
New Orleans August 1 spot cotton closed quiet and unchanged with no sales. Middling is 10.30 cents per pound reflecting stable conditions in the market.
MENTIONED IN THIS ARTICLE
New Orleans
Citizenship and affiliations probed by military authorities
Military authorities conducted a thorough investigation into individuals citizenship status and organizational ties. The inquiry examined loyalties, associations, and compliance with regulations, aiming to determine potential security risks and ensure proper accreditation within service ranks.
Coronado Entrada Opens With Large Parade in Tucumcari
In Tucumcari New Mexico the Coronado Entrada debuts tonight with a parade featuring a 500 actor cast. The production runs through Saturday night highlighting a full weekend of performances in the town.
MENTIONED IN THIS ARTICLE
Tucumcari
N. M
Coronado Entrada
Range's Mineral Wealth Reputed Exhausted After Long Harvest
A historic portion of a range that in the last fifty years yielded about 187.5 million dollars in mineral wealth is believed to be exhausted. The notice reflects long-term production and the region's shift in resource prospects.
Senate Sees Drift Toward War Plans and Navy Bill Passed
Roosevelt fronts war plans as trusteeship talks continue with Agar Eichholzberger and Cheney. Wheeler opposes broad draft while backing a one year training and possible national guard call up. House passes a massive defense bill totaling 4.96 trillion with new planes and 2 million soldiers to support a two ocean navy. Senate debate highlights include manpower limits and continued readiness efforts.
MENTIONED IN THIS ARTICLE
Senate
Administration
Roosevelt
America
Herbert Agar
Louisville Courier Journal
Clark Eicchelberger
Ward Cheney
Washington
Wheeler
D-Mont
Senate Military Committee
Burke-Wadsworth
National Guard
House
Miles Expected- Gov Miles to visit Roswell for event
Governor Miles and Roy Rogers may attend a Monday night presentation at the Yucca Theatre with a banquet sponsored by The Record and a free street dance. If Miles comes, publicity includes photos. Ted Jones cites active efforts to attract film production to New Mexico with projects like Old New Mexico and The Light That Failed already released. Some location work may occur in state for Billy the Kid remake.
MENTIONED IN THIS ARTICLE
Mexico
Gov. Miles
Roy Rogers
Record
Yucca-Pecos
Roswell
Ted Jones
Miles
R. E. Griffith
New Mexico
Also Mentioned on This Page
Kansas City
USDA
Texas
Boston
We Po
Chem & Dye
Airlines
Aviation Corp Aviat
Beth Steel
Warner
Briggs Mfg
Bulova Watch
Chrysler Corp
Few
City Ice & Fuel
Colgate Palm
Colum G & el Ols
É& South
Cons Edison
Consol Oil
Douglas Aircraft
Eastman Kodak
Power & Lts
Gen Foods
Eels
Gen Motors
Goodrich (Bf
Goodyear T&r Ogo
Houston Oil
Harvester Es
Kennecott
Kroger Grocery
Montgom Ward
Nat Biscuit
Nat Distillers Ee
No Am Aviatoria
North Amer
Pac Gas & Elec
Penney
J C
Phillips Pet O
United Air Lines
United Aircraft Ae Ee
Ited Corp
S Rubber Oe Ee
U S Steel
West Union Tel Et
West el & Mfe
Woolworth
SUS E. & Een We
Ed V. Izac
Canal Zone
Stimson
Panama Canal Zone
Arizona
Chicago Grain
Sir Alan Brooke
Sir Edmund Ironside
Ford
Easy Finance
Universal Credit Company
House Military Committee
TVA
Secretary of the Navy
Vogue
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