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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 13, 1935
Page
4
The New York Stock Exchange close on August 13 shows wide moves across many issues led by technological and industrial leaders. Major gainers include United States Steel and General Electric while several rail and oil shares show mixed or modest advances.
Profit takers trimmed gains at the open but the New York market quickly steadied and rose. American Telephone led the advance with more than 3 points, lifting related issues and utilities, while Commonwealth & Southern saw two large blocks trade. Rail, steel, and motor shares held ground as grain and cotton stayed in a narrow range.
Mary B. Perry announces a WPA camp for unemployed girls at Capitan in late August under the women’s work division. Eligible are girls 16 to 25 on or whose families are on relief. The two month program offers vocational training in household skills, stenography, typing, art, recreation and music with a model cottage for practice. The Forest Service donated the location and transient service supplied equipment.
The Associated Press reports closing prices for diverse stocks including Alum Co Am, Amn Cyn B, Am Fen P War, Amn G & E, Am Maracaibo, Am Sup Pow, Ark Nat Gas A, City Soc, Cons Cop Min, Cord Corp, Cusi Mex, El Bons & Share, Ford Mot Ltd, Gulf Oil Pa, Hecla Min, Humble Oil, Lib McN & Lib, Newmont Min, Nia Hud Pow, Penn Road, Texan Oil, Unit & Pow A, Unit Verde.
Kansas City livestock data show hogs at 1,500 head with top 11.70 for 200-250 lb choice and many around 11.55 to 11.70 for 170-270 lb. Cattle include 9,000 head and 1,600 calves with fed steers 9.75 to 11.00 early, grass steers 8.25, grass cows 4.25 to 5.25, feeders 7.25 to 8.50, top vealers 8.00. Sheep 2,000 head with native lambs up to 8.35 and most at 8.00 to 8.25, mediums 6.50 to 7.40.
New York August trading sent cotton lower on liquidation and scattered selling as talk of a growing new crop movement and showers in the western belt circulated. Futures closed barely steady down 14 to 18 points with October at 10.94 and nearby months around 10.76. Spot quiet at middling 11.35.
Fleece wools showed moderate activity in Boston at firm prices. Strictly combing 56s 3/8 blood and similar fleeces sold around 30 cents grease. 48s 50s % blood Ohio wools moved near 31 cents grease. Delaines from Ohio drew inquiries with dealers asking 31-32 cents for choice wools and 30-31 cents for heavier shrinking lots.
Bond prices advance as Fed and Farm Meeting details show 3s at 101.26 and 103.19 for 3%% and 3s, with Home Owners 3s at 101.26. Quality circulation efforts indicate strong reader engagement and market attention to financial instruments amid policy signals.
An inquest will be held in Glenns Ferry Idaho today to determine the cause of a late night automobile collision that killed two men. Charles C. Green of Pocatello Idaho and Ralph Eavenson of Albuquerque New Mexico died in the crash near the old Oregon Trail. Ralph Eavenson’s brothers Dan and James and Winford Bailey of Albuquerque were among the injured, Bailey with a deep forehead cut.
Rome reports Italy will not compromise in the Ethiopian dispute as Mussolini outlines a firm stance for the impending conference with Britain and France. meanwhile in Addis Ababa, 10000 native women replace men who join volunteers heading to the Somaliland frontier, while Haile Selassie expands police forces to guard Europeans.
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