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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 19, 1935
Page
4
The AP reports New York stock exchanges closing with varied results on August 19. Diverse issues including AmCan, Gen Elec, IBM, U.S. Steel, Westinghouse and many others posted gains and losses, reflecting broad sector movement amid market caution.
Selective demand kept the stock market generally firm with aircraft, steel, copper and oil shares advancing to new highs while rails lagged. Grains and cotton lacked momentum as bonds were mixed and exchanges quiet. Gainers included U S Steel, Bethlehem, Du Pont, Wright Aeronautical, Standard Oil NJ, Socony Vacuum. losers included Union Pacific and several utilities.
An advertisement lists Mattress Makers Renovators sterilizers and rug cleaners with contact at Roswell Mattress Company and E. E. Hardcastle 208 East 5th Street. It also notes buying used clothing and a cash offer from 5th Street Mart. The ad references various local services and a phone number 614.
The US Department of Agriculture noted steady demand for territory and western grown wools in Boston on August 19. Sales featured more medium and low grades while 64s and finer territory wools remained the bulk, with combing wools in ranges from 68 to 77 cents per pound scoured.
Kansas City market report lists hogs at 2500 head with top 11.90 for 210 to 230 pound choicelots and 170 to 260 pound desks at 11.70 to 11.85, sows at 10.00 to 10.50. Cattle run 29 000 with 4 000 calves and two loads of 1063 pound fed steers at 11.50, grass steer sales 5.25 to 7.25, mixed yearlings 10.25, best stockers 8.15, and feeders 8.00 to 8.50. Sheep 6 000 with lambs 9.00 top and most sales 8.50 to 8.75. odd lots of ewes inactive at 3.50.
The Associated Press reports fractional shifts in various curb stocks led by Alum Co Am 58 and Am Fen P Wer 45. Listings show Amn Cyan B 22 and Ark Nat Gas A 2 1/2 with mixed movements across utilities and industrials including Cons Cop Min 314 and Cord Corp at 4 3/8.
Galveston spot cotton held steady on August 19 with middling grade listed at 11.60 cents per pound and total sales of 72 bales reported by the AP dispatch.
The Ul Ss Bonds section shows Treas 4s maturing 1947 to 1952 at 116.14, Fed Farm Mtg 3% 4s maturing 1964 at 103.10, and Home Owners 3s maturing 1952 at 101.19.
Gallup New Mexico prepares for seven thousand Indians from thirty tribes August 28 to 30 for the fourteenth Intertribal Indian Ceremonial. Visitors will see dances, chants, crafts, and competitions with over one thousand dollars in cash arts prizes. Tribes from Arizona New Mexico Oklahoma and other states are expected. The event is held in a natural amphitheater and showcases authentic ceremonies and crafts.
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