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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Aug 08, 1934

Page

5

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

Baghdad Montreal Associated Press Wasaga Beach Ontario Paul Codos Maurice Rossi New York Rayak Syria

Also Mentioned on This Page

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