Stock Market Slips on Wheat Selloff Leads to Mixed Close
Wall Street ended with fractions of losses after a late hour selling drive driven by wheat and alcohol shares. Volume reached 2,086,700 shares as leaders held gains, while rails mostly declined. Grains and cotton trended lower though bonds and some industrials rose modestly.
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Wall Street
New York
Ghare
Chicago
Winnipeg
Liggett & Myers B
National Steel
U. S Smelting
Loew's
Western Union
du Pont
2 Dome
National Distillers
American Commercial Alcohol
Allied Chemical
U. S. Industrial Alcohol
American Telephone
American Can
Celanese
Industrial Rayon
Wall Street Curbs Mixed Stocks Edge Dow Up
New York August 18 AP A varied trading session left many issues in mixed territory. Prices shown include American Cyanamid 12 1 4, Amer Gas & Electric 30 32 8, Ford Ltd 5 5 8, Libby McNeill Libby 4 3 4, Newmont 42, Gulf Oil 51, Humble Oil 77, and Trans World Airlines 4 1 8 as traders weighed industrials, fuels, and transport amid cautious sentiment.
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New York
Citovck
Labeegny
Allis
Amé&Forp
Kencott Zu
Amer
Krog Gr
AmerLoc
Lampert Él
Amer P&l
Amkraast
Amrolim
Mack Tr
AmSmelt
McKetin
McLelan
AmSugar
Amtobb
Montard
Moth
AmWooin
Murray
Win
Nash Mtr
Anacoind
Nat Is
Nat Cashbaa
Armily
Nat Dary
Armili
Nat P&l
At & SF
Ctl
Atl
Nh&h
AubAuto
NyOnt
Avia Cor
B&e Orail
NorAmnc
Norlac
Bendix A
Ohio Oil
Beth
Owll
Bob Alum
Pac G&e
Borden of
S Packard
I Bulova
Para Pub
Burad Ma
Penny IC
Cal Hee
Penn RR
Pac
Phil Pet
Case JI
Parrow A
Cer Pas
Gmb
C&o Rail
Pullman
Chrysir
Coca
RadPid
Colgate
Con Fuel Rep
Col
G&e
ReyTob
Skelly O
Con Can
Soc Vac
Con Oj
Coty
ID Lac&w
DiamMat
S$ O Cal
Doug Air
SON Jd
Dree Inc
Ste Wrn
du Pont
St Whbstr
Eastman
Studbkr FlauTit
Tex Corp
P&l
Texgsul
Frie RR
Tex
T&r
Tinit Corp
eNoe
West Mid
Homstak
Fous
West Air
Howe Snd
Curb Cloge
Alum Co Am
Am Cyan
Amer G & E
Amer Mar
Amer Sup
Ark Nat Gas A
Assoc G & F
Assoc G & E
Brislo Mfg
City Evc
City Soc
S. Cord Mar
Cresson
Detroit Air
Bib
Ford Ltd
Gulf Oil
Hecla Mining
Humble Oil
Libby McN Libby
Ning Hud Pow
Newmont
Penn Road
Ind
Swift & Co
Texan
Trans Air
Nit Verde
Unit P & L
Chicago grain closes with mixed futures on Aug 18
Chicago grain prices show wheat rising for May and September, corn steady to lower, oats and rye mixed, with lard and bellies trading in narrow ranges. Buyers eye near term demand as markets reflect seasonal shifts and supply signals from the Plains and Midwest.
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Chicago
New York Cotton Edges Lower After Early Rise
In New York on August 18, cotton slipped from an early advance, December futures peaking near 9.77 before retreating on renewed liquidation and broad selling. By about 2 p.m. prices were down 16 to 20 points, with December dropping to 9.40, yet rallies late day brought the market back to a steady close, 6 to 13 points lower on the day.
MENTIONED IN THIS ARTICLE
New York
Galveston Cotton Prices Steady at 19 Down
Galveston market reports steady cotton with middling at 19 cents and sales totaling 150 bales FOB, as of August 18. Prices reflect a stable tone despite market fluctuations, with Stot cotton noted and daily activity summarized by AP.
MENTIONED IN THIS ARTICLE
Galveston
Stock Averages for August 18 Listed
Stock averages and past day figures are shown with the totals for Today and Prev day. The data include various ticker figures such as 90.8 and 49.5, reflecting yesterday to today movements.
Kansas City Livestock Prices Reported on Aug 18
Kansas City markets show cattle 1000 head with calves slow to easy and medium to good fed steers 4.75 to 5.75, top yearlings 6.59, vealers 5.00 to 6.090. Hogs 3000 head fairly active, gains of 0.15 to 0.20 with top at 4.20. Sheep 3900 head fully steady, natives and Idaho lambs around 7.25 to 7.90, fed yearlings 5.25. Record Want-Ass tiet Results.
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Kansas City
Idaho
Seven Roswell Firms Sign NRA Reemployment
Seven more Roswell employers filed certificates of compliance with the NRA reemployment agreement this morning, bringing total signatories to 365. Those signing include Bass Case, Fairview Dairy, D. L. Jackson, Daniel Dairy, Turner Investment Co., M. A. and A. H. Turney, and Fred Burkstalier.
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Roswell
NRA
Bass Case
Fairview Dairy
D. L. Jackson
Daniel Dairy
Turner Investment Co
M. A. Ad A. H. Turney
Fred Burkstalier
Steward Leading In Colo Golf Semi Final
Lawson Little of California held a two up lead over Earl Berryhill of Sapulpa Oklahoma at the halfway point in a 36 hole semifinal in the Colorado amateur golf tournament at Cherry Hills. Little shot 69 to sit three under par. Verne Stewart of Albuquerque led Frank English of Denver one up after 18 holes.
MENTIONED IN THIS ARTICLE
Denver
Lawson Little
California
Earl Berryhill
Sapulpa
Orla
Colorado
Little
Cherry Hills Club
Verne
Spec” Stewart
Albuquerque
Frank English
Churches Under NRA Policy Explored at NRA HQ
NRA officials say a church may be covered by the National Recovery Act if it employs three or more people, a view discussed at headquarters though no formal ruling has been issued. The opinion treats churches like any business concern under the act.
MENTIONED IN THIS ARTICLE
Washington
NRA
Demand for wool on week slows as market eyes holiday shift
Boston August 18 AP says the Commercial Bulletin notes slower wool demand week over week while buyers show interest in fair weights. Medium quality tools stay strong. prices for mohair are dull but firm. Foreign markets quiet in mid August but undertone remains. expectations of fall improvement amid code adjustments.
Three Executed in Sing Sing for Murder in Queens
In Sing Sing Ossining New York three men were executed by electric chair after murder and robbery convictions. John Jordan 36 was first at 10 04 PM followed by George Swan 21 at 10 10 PM and Stephen Whitewell 30 at 10 22 PM. The sentences reflected deliberate, ritualized dispatch in a procedural execution scene.
MENTIONED IN THIS ARTICLE
Beaty
John Jordan
George Swan
Jordan
Astoria
Queens
Stephen Whitewell
Charles
Hopkinton
Wool market shows broadening demand with mixed receipts
In Boston on August 18, the wool market shows a moderately broadening tendency. Fleeces and western fine wools 56 and finer grades attract purchases with combing 56s and 3-8 blood hiiles selling around 36 cents grease, some lots at 36 and occasional sales at 37. Demand is fair for each month, Texas wool at 72-74 cents scoured.
MENTIONED IN THIS ARTICLE
Boston
US Dept Agr
Texas
New Orleans Cotton Prices Dip Slightly in Spot Trade
Spot cotton in New Orleans on August 18 shows quiet activity with a slight decline of 8.8 points. Middling cotton stands at 9.15 cents, as traders weigh nearterm demand and marketables in the daily price report.
MENTIONED IN THIS ARTICLE
New Orleans
Interior Dept Order Prompts Rancher Inquiries
The Department of Interior announced an order today that prompted several ranchers to seek information and indicate they will comply with its instructions. Bywaters noted the inquiries and expected adherence to the order.
MENTIONED IN THIS ARTICLE
Department of Interior
Bywaters
Informa
Tion
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