Market recovers as commodity lift boosts stocks
Wall Street opened firmer with gains across many names as higher cotton and wheat prices and a solid GM July report improved sentiment. Union Pacific and major rail issues rose while Norfolk and Western slipped sharply and National Lead fell.
MENTIONED IN THIS ARTICLE
Wall Street
New York
General Motors
Treasury
U. S
Cerro de ‘Pasco
American Smelting
Howe Sound
Norfolk and Western
National
Boston Wool Market Quiet As Mills Hold Back
The Boston market for greasy combing domestic wools was practically inactive with mills watching but not buying. Askings stood at 70-72 cents per scoured pound for good wools, French combing at 68-70 cents for average, and around 67-68 cents for short French combing in original bags.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Market Summary Kansas City Livestock Prices
Kansas City market report shows hogs 3000 head active and 11 higher than Tuesday’s average with top 5.30 on choice 220 250 pound pigs. Packing sows 275 550 lb at 3.65 to 4.20. Cattle and calves totals 7500 and 1200 with beef steers and yearlings steady. cows steady to strong. steer good and choice 550 1500 lb 5.00 to 8.75. heifers 4.75 to 7.19. cows 2.65 to 3.25. milk fed vealers 3.09 to 5.00. Sheep 3000 with lambs and yearlings 15 to 25 higher. native lambs to 7.15. Oregon range lambs above 7.25. Texas yearlings 6.00 10. yearling wethers 4.09 to 4.19. ewes 1.75 to 2.50.
MENTIONED IN THIS ARTICLE
Kansas City
Texas
Grain futures surge as crops record highs dominate market
Chicago trading closes with sharp gains across wheat corn and oats as late commission buying drives prices higher. Analysts estimate Washington August report will show corn output well below July figures while crop damage reports shock traders.
MENTIONED IN THIS ARTICLE
Chicago
Washington General
Unclear sports update from New Orleans AP report
Ambiguous note from Orleans area mentions cotton gains 8 points and a figure 393 with Yniddling 13.63. Details are fragmentary and names or exact event are not identifiable.
MENTIONED IN THIS ARTICLE
Orleans
Market notes from New York dated August 8
AP bulletin from New York lists bond quotes including Liberty bond 4 1/4s trading near 38 with 38 161.3, Treasury 4 1/4s at 47 52 112.28, Fe Farm Mtg 3 1/2s at 64 101.12, and Home Owners Loan 4s at 51 100.
MENTIONED IN THIS ARTICLE
New York
Sldberty
Treas
Fea Farm Mtg
Home Owners Loan
Stock Averages and Pro Day Figures Across Industries
The August 8 stock tabulation shows the current averages for indústria sectors with Ind's at 50, Rr's 20, At''s 20, TI 90 and a composite Today index of 81.1. Pro day numbers list 799 for earnings, with sector averages 34.9 for Ind's, 57.9 for Rr's, and 69.0 for At''s.
MENTIONED IN THIS ARTICLE
Ind
Market-ticker of Energy, Oil, Min and Power Stocks
The page lists closing prices for assorted stocks and securities, including Amn Cyan B, Amn G & E, Am Sup Pow, Ark Nat Gas A, Assoc G & E A, City Sve, Cons Cop Min, Cord Corp, Cresson Gold, Cusi-Mex, Bons & Sh, Ford Mot Ltd, Gulf Oil Pa, Hecla Min, Humble Oil, Lib McN & L, Newmont Min, Nia Hud Pow, Penn Road, St. Oil Ind, Swift & Co, Texan Oi, Trans Cent Air, United Gas, Unit & Pow A, Unit Verde with their respective price quotes.
MENTIONED IN THIS ARTICLE
Associated Press
Amn Cyan B
Amn G & E
Am Sup
Ark Nat Gas A
Assoc G & E
City Sve
City Sve Ptd
Cord Corp
Cresson Gold
Kl Bons & Sh
Ford Mot Ltd
Gulf Oil Pa
Hecla Min
Humble Oil
Lib McN & L
Newmont
Nia Hud
Penn Road
St. Oil Ind
Swift & Co
Texan Oi
Trans Cent Air
United Gas
Unit & Pow A
Unit Verde
Cotton futures rise after crop report tops 9 195,000 bales
Government crop data placed the indicated cotton at 9,195,000 bales, triggering a broad advance. Southern selling and heavy realizing were absorbed by buyers, lifting New York futures back to 114 cents and pushing May to 14.05 as the market closed steady with gains across contracts. Spot middling held at 15.75 with nominal activity.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Exchange
Drought continues with limited hope for grain in Quay county
The report notes green ranges and short grass with livestock in fair condition. No grain will mature in Quay county. The only potential is a light roughage crop if rain comes soon. July was hottest on record and total precipitation since last August stands at 4.39 inches. Immediate rain could save some fields but seedlings may die within 10 days.
MENTIONED IN THIS ARTICLE
Quay
Spot cotton steadies in Galveston market August sales rise
In Galveston Texas on August 8 the spot cotton market held steady at 45 up and mid-dling price of 13.55 with total sales reaching 907 units. Local AP report notes firm tone amid trading activity across the session.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Governor to Miss Girl Scout Camp on Governor's Day
Governor Hockenhull will not attend the Girl Scout camp in the Sacramentos on Governor's Day. The Record cites Santa Fe information. He will depart Albuquerque Sunday August 12 on a special train to Chicago for New Mexico day at the Century of Progress.
Roosevelt Tour Highlights Western Dams and Mayo Clinic Visit
President Roosevelt detours from his special train to Rochester Minnesota to honor the Mayo Brothers clinic, tours Winona’s dam and lock project on the upper Mississippi, and surveys Minnesota labor tensions with mediators at work. He travels through Minneapolis and St Paul with Mrs Roosevelt joining from Portland. He plans Green Bay Wisconsin and remarks on independent politics before facing La Follette’s reelection bid.
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Roosevelt
Rochester
Minn
Mayo Brothers
Mississippi
Winona
Minneapolis
Missouri
Minnesota
Schnipstead
Farmer Labor
Herdale
St. Paul
White House
Portland
Oregon
Green Bary
Wisconsin
Senator LaFollette
Arraignment Held Over Unregistered Still Charge
Francisco Griego appeared before U. S. Commissioner Dan C. Savage and pleaded not guilty to possessing an unregistered still. A preliminary hearing was scheduled for tomorrow morning.
MENTIONED IN THIS ARTICLE
Francisco Griego
U. S
Dan C. Savage
Roosevelt Tribute to Mayo Brothers in Rochester Visit
President Roosevelt the first U S president to visit Rochester Minnesota joined Mayo Brothers William J and Charles H Mayo in ceremonies honoring their humanitarian medical service. The American Legion awarded citations and a plaque was presented as Roosevelt laid a wreath at the Mayo statue and visited St Marys hospital. He praised the brothers for unselfish service and noted fifty years of medical work as a landmark in science.
MENTIONED IN THIS ARTICLE
Rochester
Minn
Aug. S
Roosevelt
Mayo Brothers
William J
Charles H. Mayo
Mayo Clinic
American Legion
Edward A. Hayes
Legion
William Worrall Mayo
St. Mary’s Hospital
Nonpartisan policy for New Mexico relief staff rules
A state board letter states relief employees and public welfare workers must not contribute salary to political parties, avoid political gatherings, and keep voting private. It notes the 1933 reaffirmed policy and requires staff to sign their acceptance of these rules.
MENTIONED IN THIS ARTICLE
State Board of Public Welfare
New Mexico
Board of Public Welfare
State Bureau of Child Welfare
Santa Fe trip for Chaves county school superintendent
Miss Thelma McCully Chaves county school superintendent leaves tomorrow for Santa Fe to attend a superintendent conference She is accompanied by Miss Virginia Witt and will return Sunday
MENTIONED IN THIS ARTICLE
Thelma McCully
Chaves County
Santa Fe
Virginia Witt
Wilt Resistant Alfalfa Development in New Mexico
New Mexico State College reports alfalfa wilt causing trouble in western states with widespread losses in crops. Wilt resistant strains have been developed elsewhere, but NM yields are variable. State tests isolate resistant plants in leading NM varieties, with promising hay and seed potential. Field trials continue in key alfalfa counties using hardy strains from Orient explorers. Some strains yielded heavy leafy hay this season and may fit NM conditions.
MENTIONED IN THIS ARTICLE
G. R. Quesenberry
New Mexico State College
New Mexico
Ocean Flight Aims Baghdad After Montreal Hop
Ocean Flight group tries to reach Baghdad flying eastward after passing Montreal at 7 06 a m EST. The world long distance record holder is French pair Paul Codos and Maurice Rossi who flew from New York to Rayak Syria in August 1933 covering 5657 6 miles to set a new mark.
MENTIONED IN THIS ARTICLE
Baghdad
Montreal
Associated Press
Wasaga Beach
Ontario
Paul Codos
Maurice Rossi
New York
Rayak
Syria
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