Stock Market Advances Amid Broad gains on Aug 9
The New York market rallied with renewed optimism as prices rose across a wide range of stocks. The day closed near session highs with a 2.1 million share turnover. Leaders included National Distillers, Celanese, U S Steel, General Motors, Chrysler, and American Tobacco among others, while bonds remained firm and the dollar steadied.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Chicago
Winnipeg
L. Ss. Industrial Alcohol
National Distillers
Swmesican Commercial Alcohol
National Steel
Industrial Rayon
Celanese
Altiet Chemical
American Sugar
American Telephone
Santa Fe
American Tobacco 8
Western Union
Case Threshing
du Pont
Sears Roebuck
New York Central
Chrysler
General Motors
United Aircraft
Union, Pacific
Chesapeake & Ohio
Estinghouse
U. S. Steel
New York Stocks End Muted After Mixed Trading
Wall Street closed with mixed gains as industrials and oils showed strength while rails and utilities lagged. Major leaders included General Electric and American Can with modest shifts. market breadth remained uneven amid thin volume and a fluctuating tech sector.
Wool Trading Quiet as Prices Hold Steady in Boston Market
US Dept of Agriculture notes limited wool volume and steady prices in Boston trading. Combing 58s and 60s sold around 32 to 33 cents in grease, with Texas wools at 75 to 78 cents scour basis. Shorter Texas combing wools moved slowly at 73 to 75 cents scour basis.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Texas
Kansas City Livestock Auction Report Summary
Kansas City market notes cattle steady to strong with loads of long yearlings at 1046 pounds. Beef steers to 6.70, heifers 4.75 to 6.50, dairy cows to 4.00, bulls 4.60, feeders 3.25 to 6.25. Hogs fairly active on 250 pounders, top 4.15, sows 3.00 to 3.55, stock pigs 3.25 down. Sheep about 4000 head steady to 25 cents higher, lambs to 7.80, native lambs 7.50 to 7.75, yearlings 6.85 to 6.50 for fed.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
USDA
Oregon
Grain futures report from Chicago for August 9
Chicago grain close for August 9 lists wheat with September at 1.00 to 1.08, December 1.03 1 2, May 1.07 1 4. corn September 55, December 59 1 2, May 64 7 8. oats September 40 7 8, December 43 3 4, May 46 3 4. Rye September 74 3 4, December 80 1 4, May 85 1 4. December 57 1 2, May 62 1 2. Lard September 6.25, October 6.45, December 6.72. Bellies September 6.55, October 6.77.
MENTIONED IN THIS ARTICLE
Chicago
ATS
New York Cotton Shows Recovery After Government Report
New York cotton futures edged higher as trade buying and scattered demand, aided by firmness in grain and stock markets, lifted December contracts to around 10.24 and propped active months 23 to 25 points higher. Futures closed steady to 24-27 points up.
MENTIONED IN THIS ARTICLE
New York
New Orleans Cotton Prices Steady as Market Quiets
New Orleans spot cotton closed steady with a slight uptick of 28 points. Sales reached 20 bales as mid dling grades traded around 9.82 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston Cotton Prices Steady at End of Day
Galveston August 9 AP Spet cotton held steady with middling at 9.75 dollars per hundredweight and values around 200.
MENTIONED IN THIS ARTICLE
Galveston
Spet
National Public Parks Tennis Meet Advances to Fourth Round
The National Public Parks Tennis championships reached the fourth round in New York with strong showings from Arnold Simons of Louisville and Helen Germaine who won in straight sets. Simons defeated Martin Mayer 6-1 4-6 6-4 while Germaine defeated Beatrice Bryan and Jean Artzberger in straight sets.
MENTIONED IN THIS ARTICLE
New York
Chamions
Yestern
Arnold Simons
Louis- Ville
Martin Mayer
New Orleans
Helen Germaine
Beatrice Bryan
Memphis
Jean Artzberger
Pittsburgh
New Mexico Bar Association to Meet August 22
Albuquerque Aug 9 AP James Grafton Rogers dean of Colorado Law School and former secretary of state will be principal speaker at the one day meeting of the New Mexico Bar association in Albuquerque August 22.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
James Grafton Rogers
Univerity of Colorado
Art
New Mexico Bar Association
Vacancy on N M Public Works Board
Washington reports Public Works Administration officials expect a quick appointment to fill a vacancy on the New Mexico advisory committee. The panel lacks one member after Henry Coors of Albuquerque refused the post. Members who have accepted include former Gov. M. A. Otero, Sr., and Col. J. D. Atwood of Roswell.
MENTIONED IN THIS ARTICLE
Washington
Public Works Administration
New Mexico
Henry Coors
Albuquerque
M. A. Otero
J. D. Atwood
Roswell
Want Ads Draw New Mexico Lawyers to Talk Economics
Dean Rogers will address New Mexico lawyers on "New Economies Any Old Laws." Other speakers include Richard F. Burges of El Paso and James A. Hall of Clovis at the meeting.
MENTIONED IN THIS ARTICLE
Dean Rogers
New Mexico
Richard F. Burges
el Paso
James A. Hall
Clovis
The NRA plan for a national reemployment covenant
W J McInnes reports on President Roosevelt through the NRA proposing a nationwide re employment drive by Labor Day. The plan urges mutual agreements to shorten hours and raise wages, with sections setting age limits, weekly hours, and wages for clerical, mechanical, and other workers, plus price controls and public backing. The speaker appeals to public conscience, unity among employers employees and the public, especially women, to restore breadwinners to work and uphold the national covenant with vigor and justice.
MENTIONED IN THIS ARTICLE
National Recovery Administration
NRA
Chamber of Commerce
Bulletin No. 3
Oil Tanker Burns Off Rockaway Beach NY
A 5 foot tanker Glastice exploded about a mile off Rockaway Beach Queens today and burned to the water edge. Loss estimated at 20000 dollars. No one injured. Captain Ralph Fernandez and helper Chris Ashland, both of Brooklyn, escaped in a dory and were rescued by police boats. Explosion witnessed from shore drew planes and police launches.
MENTIONED IN THIS ARTICLE
New York
Rockaway Beach
Queens
Brooklyn
Long Beach
Ralph Fernandez
Chris Ashland
Repeal vote on district debts and new judicial structure
The text outlines a proposed constitutional change dividing the state into twelve judicial districts with added judges if population exceeds 50 000 as per the U S census A probate court abolition shifts jurisdiction to district courts and pay remains fixed The districts include Santa Fe Rio Arriba Taos Bernalillo Sandoval Dona Ana Otero Lincoln Colfax Union Mora Chaves Eddy Lea McKinley San Juan Grant Luna Hidalgo Curry De baca Roosevelt Valencia Torrance San Miguel Quay Harding Guadalupe Catron Socorro Sierra The fourth proposition limits state tax levies to four mills for most revenue with 10 mills total and 20 mills overall including special or debt levies subject to voter approval for additional taxes
State News Briefs From Albuquerque AP
In Albuquerque over 500 businessmen signed National Recovery Act agreements and a concerted drive to back the President’s unemployment program is planned. Dr. George M. Peterson of the University of Denver is hired to succeed Dr. Richand M. Page at the University of New Mexico. Mrs. Martha Clough becomes matron of the women's dormitory succeeding Mrs. Gene Kinney. Record Want Ads Get Results.
MENTIONED IN THIS ARTICLE
Associated Press
Albuquerque
George M. Peterson
University of Denver
Board of Regents
The
University of New Mexico
Richand M. Page
Martha Clough
Gene Kinney
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