Stock Market Upward Trend Props Steels and Industrials
Wall Street advanced on August 21 as steels and other key industrials led the rally. Wheat and cotton rose on favorable crop policy prospects, while bonds and U. S. government issues firmed. Major gainers included U S Steel Bethlehem Otis National Steel Vanadium and American Steel Foundries with Auburn Auto Chrysler Westinghouse Loews Coca Cola and others. Volume totaled 1,757,380 shares.
MENTIONED IN THIS ARTICLE
Wall Street
New York
U. S
U. S. Steel
Bethleem
Otis
National Steel
Vanadium
U. S. Pipe & Foundry
U. __ Steel common
A. M. Byers
American Steel Foundries
Auburn Auto
Chrysler
Westinghouse
Loews
Cerro de Pasco
U. S. Smelting
Allied Chemical
Coca Cola
American Can
Grain and metal price snapshot from Chicago and New York
Grain futures close with Wheat Sept 89.54 Dec 92, Sept 74.5, Dec 56 3/8. May 57 7/8. Oats Sept 27 3/8 Dec 28 7/8 May 31 3/8. Rye Sept 43 3/8 Dec 45 1/2 Sept 41 1/2 Dec 42 1/8. Lard Sept 15.90 Oct 15.80 Dec 13.80 Jan 13.00. New York curb list includes Alum Co Am 61, Am Fegn P War 5, Ford Mot Ltd 84, Gulf Oil Pa 63 5/8, Newmont Min 53, Texan Oil 53, and other miscellaneous prices.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Alum Co Am
Amn Cyan B
Fegn P War
Fen
el Bons & Share
Ford Mot Ltd
Gulf Oil Pa
Hecla
Humble Oil
Newmont Min
Nia Hud
Penn Road
Texan Oil
Tin Lt & Pow A
Unit Verde
Amr P&l
AmRoll M
Am Smelt
AmStl
Stig
T&t
Win Pf
Arm Ill
Armsill Pf
Armstec
At&sf
BalLoc Pf
B&oral
Barnsdl
Bendix A
Beth Stl
Boenger
BohAlm
Borden
Bulovia
Burdea
Buster
Byers Co
Cal Hec
Campwny
C&o Rail
P&p
Chi Ri&p
Chrysler
ConCol
Colgate
Col G&e
Cig&ep
Colum
Colt
Conoild
Lac&w
Doug Air
du Pont
Eastman
Eaton
el Boat
Elec P&l
Erie RR
Fire T&r
Hershey
Holland
Ant Nki
Heef
Kelvinalz Kencott
KrogGroc
Lambert
Lehvirr
Niquid C
Lorilard
Mac ‘Ir
Lenuan
Miami
Midcpet
Avail Aviolis
Monto
Mont Ward
Murry
Nat Dist
Nat P&l
Cil
NY Nh&h
NikWst
Nor Amr
NorAmr
Pac
Ohio Oil
Pac G&e
Packard
Park U
Phelps D
Phil Pet
Pullman
RadPf
RKO
RemRnd
Reytobb
Safeway
StroeLead
Schulte
Seab Air
Seab Oil
Sears
Shellu
Col
Simmons
SocVac
Spery Cop
Sta Brds
Stdg&e
SoCal
St Oil Ind
Stdo NJ
SterPrd
Ste Wrn
Stone
Unit Corp
Ussteael
Vadasco
WrestAir
Wraniwort
New York Cotton Markets Hold Quiet Ahead of Policy Decision
The New York cotton market traded quietly as traders awaited an official statement on administration crop loan policies. A Washington report of no immediate decision but expected near-term announcement caused brief pullbacks, then gains of 10 to 12 points for active months. Futures closed barely steady with October at 11.25, December 11.08, January 11.04, March 11.02, May 11.09, July 10.97. Spot middling was 11.65.
MENTIONED IN THIS ARTICLE
New York
Washington
Kansas City Livestock Market Prices Report
Kansas City market summary for hogs cattle and sheep. Hogs 2500 head bids 15 to 25 lower with top 11.40 for choice 180-240 lbs. Cattle 8000 with calves 1200. beef steers steady to easier, best fed 11.65, cutters down to 3.00. Sheep 2500 lambs 10 higher, top native lambs 9.00 to 9.10. most 8.75 to 9.00.
MENTIONED IN THIS ARTICLE
Kansas City
Bond Prices and Farm Meeting Notes Summary
Bond listings show U S Treasury 4s from 1947 to 1952 at 116.5 with Fed Farm Meeting notes for 3s at 101.11, 34s at 102.29, Home Owners 3s at 101.9 and 52. Market quotes reflect short term yields and agency notes for Farm Board securities.
MENTIONED IN THIS ARTICLE
Vu. S. Bonds
Associated Press
Treas
Fed Farm
Home Owners
New Orleans Cotton Prices Close Steady As Sales Pass
New Orleans spot cotton closed steady five points lower as sales reached 1,744 bales. Middling grade cotton settled at 11.50 cents per pound with market activity subdued.
MENTIONED IN THIS ARTICLE
New Orleans
Seles
Wall Street Mixed After Indexes Close Higher
New York stocks edged up after a turbulent session as investors weighed gains in chemicals and oil ventures against pressure in luxury and transport shares. Major movers included Am Can, Exxon, and General Electric with mixed advances acrossindustries and notable activity in rail and steel equities.
Cloudburst Flood Halts Traffic Across New Mexico Hills
A cloudburst and torrential rain devastated central New Mexico, washing out the La Bajada hill route near Santa Fe. Vehicles were detoured to Moriarty and Lamy. railroad tracks damaged near Domingo. two bodies recovered from a car in the mud and authorities searched for missing travelers and the Chavez car.
MENTIONED IN THIS ARTICLE
Joy
la Bajada
Albuquerque
Taos
Sente Fe. N. M
New Mexico
Ren
Grover Con
N. M
Clyne Oden
Santa Fe
Oden
Grover Conroy
la Bajada Hill
Conroy
Moriarity
Lamy
Belen
Domingo
Denver
Boston Wool Market Moves Large Quantities Of Fine Wools
Fairly large quantities of 64s and finer domestic wools were moving in the Boston market. Average to good French combing 64s and finer sold at 67 10 cents, with some choice lots at 70-72 cents. Twelve months Texas wools moved around 70-72 cents for average staple, and 72-74 cents for choice, on secured basis.
MENTIONED IN THIS ARTICLE
Boston
Apus Dept Agr
Texas
First Death in Army Mock Warfare at Pine Camp
The first casualty in the U S Army mock warfare was Lieut. Robert Scherer a 25 year old army reserve pilot from Olney Montana. He died when his plane crashed a mile and a half west of Five Corners near Pine Camp New York. His mechanic Private George White from Detroit Michigan survived after bailing out.
MENTIONED IN THIS ARTICLE
Pine Camp
N. Y
U. S. Army
Great Northern
Robert Scherer
Olney
Mtll
Five Corners
George White
Detroit, Mich
Treasury calls bids for 99 post office sites
The treasury announces a $60,000,000 federal building program inviting bids for 99 post office sites. Bid openings are set in Deming New Mexico and Portales on September 9, with other dates in Delta Florence and Loveland Colorado on September 6.
MENTIONED IN THIS ARTICLE
Deming
Portales P. O
Washington
The
Treasury
New Mexico
Portales
Colorado
Delta
Florence
Loveland
Miss Betty Jean George wins Mrs Queen of the Southwest title
Miss Betty Jean George of Bartlesville Oklahoma won the title Mrs Queen of the Southwest and a trip to Hollywood after the Yucca Theatre final contest last Friday and Saturday. She will leave August 28 for Hollywood for entertainment and a Paramount screen test. About 1800 girls competed in local events across New Mexico Texas and Oklahoma to reach the final 26. Ted Jones of Roswell directed the contest.
MENTIONED IN THIS ARTICLE
Betty Jean George
Bartesville
Oklahoma
Hollywood
George
Paramount
New Mexico
Texas
Trailing shawl causes death near Grant New Mexico
Susanna Saavedra of San Rafael died when her trailing shawl became entangled around her neck on a highway near Grant New Mexico yesterday. She rode in the rear of a truck with a companion when the shawl drew taut and choked her before help could arrive.
MENTIONED IN THIS ARTICLE
Grant
N. M
Susanna Saavedra
San Rafael
Paxton Sisters Travel to Hollywood for Film Careers
The Paxton sisters Frances Jop and Virginia, known as the flaxen haired twins, head to Hollywood to launch movie careers in the film industry. They are New Yorkers and arrive with 127 marriage proposals and a declared no complex about romance.
MENTIONED IN THIS ARTICLE
Paxton
Frances
Jop
Virginia
Hollywood
Emperor warns world on war risk and Ethiopian gold reserves
A British overview cites Emperor Menelik II warning that a major war could engulf the globe and threaten humanity. He alleges a vast secret fund of gold and silver, including 10,090,999 gold dinars paid by Italy after Adwa, stored in hidden caves to defend Ethiopia's independence, with silver dollars and other metals in subterranean coffers.
MENTIONED IN THIS ARTICLE
United States
England
Iray
Menelik N
Italy
Ethionia
Adua
Reze Ves
Menelik
Ethiopia
Dud e Ranch on Upper Jemez Sold
Dudley E. Raymond Jr purchases the Bay Ranch on the Upper Jemez River from John Boyd and son. The guest ranch operation is expected to continue under the new owner in Albuquerque.
MENTIONED IN THIS ARTICLE
Upper
Jemez
Albuquerque
N. M
Dudley E. Raymond, Jr
South Norwalk
Conn
Bay Ranch
Jemez River
John Boyd
Raymond
Expected Home for H A Poorbaugh After Six Weeks
H A Poorbaugh, who has spent six weeks visiting his old home in Glencoe Pennsylvania, is expected to return home tomorrow.
MENTIONED IN THIS ARTICLE
H. A. Poorbaugh
Glencoe
Pennsylvania
Third Party Rules Filed in Chaves County NM
The Progressive Third Party of New Mexico in Chaves County filed its rules with the county clerk this afternoon. Signed by M A Cervantes as chairman and A H Hitchcock as secretary. Ben Coleman was fined ten dollars and costs by L L Johnson J P for embezzling ten dollars from T J O Bannon. Ocala Florida August 21 AP Brigadier General Charles C Jamieson retired at 79 died early today.
MENTIONED IN THIS ARTICLE
Knights OF Columbus
New York
Martin H. Carmody
Grand Rapids
Mich
the Knights of Columbus
Carmody
Francis P. Matthews
Omaha
Daniel J. Callahan
Washington, D. C
William J. McGinley
Luke E. Hart
St. Louis
John J. McGivney
Bridgeport
Progressive Third Party
State of
New Mexico
Chaves
M. A. Cervantes
A. H. Hitchcock
Ben Coleman
L. L. Johnson
J. P
T. J. O'Bannon
Ocala, Fla
Brigndier
Charles C. Jamieson
150 Men Now Employed On Conchas Dam
Tucumcari New Mexico August 21 AP One hundred fifty men are employed in preliminary work for the Conchas dam on the Canadian river 32 miles west of here Capt Hans Kramer army construction engineer in charge said He also announced machinery for building a road from Newkirk to the damsite will start within five days Fifty persons are now employed in the offices of the army engineer here and 50 others are at work making adobes for buildings at the damsite
MENTIONED IN THIS ARTICLE
Conchas
Tucumcari
N. M
Canadian River
Hans Kramer
Newkirk
Examination in New Mexico History and Civics
An Examination in New Mexico History and Civics will be held at 9 39 a m on Saturday the 24th of August in the office of the County Superintendent of Schools. Those interested may secure details from Charles M Martin County Superintendent.
MENTIONED IN THIS ARTICLE
New Mexico
Chas. M. Martin
For Sale Upright La Salle h and alzw Richardson A22t3x
Classified ad fragment lists an upright La Salle and a Richardson item with a code A22t3x. Details are unreadable, but it appears to be a small car sale listing in a late edition.
MENTIONED IN THIS ARTICLE
Upright la Salle H.and. Alzw
Richardson
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Poday’s Stock Markets
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Galisteo River
Moriarty
Bernau- 40
Lie salBiav
Denver and
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Estancia
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Massachusetts
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New Road
Highway Department
Chavez
Camillo Chavez
Tererro
Robert Baldwin
Baldwin
S**t Comptroller’s
Balawin
Risinzt Roberts Mortuary
Tom Allen
Royse Adams
Virgil Biffei
Sam Bennett
Roxy Bullock
Roy
Roswell
Ray Oi Balls
Rue
Fort Sill
Oh’a
Ray
Roe
South Park
Ballard Funeral Home
Congress
House
Senate
Roosevelt
Grazing Administration
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Interior Department
Department
White House
Yucca Theatre
Ted Jones
Dalles
Ore
J. A. Moore
Condon
Olaf Nelson
An American Legion
T. Leland Brown
Moore
Boise
Nelson
Portland
Dee
Clovis News-Journal Engraving
Frances and
Virginia Paxton
Joan Blondell
Joan Blondel
Norman Scott Barnes
George Barnes
Miss Blondell
J. P. Court
Judge Allen
Florence E. Allen
Sixth District Circuit Court of Appeals
Cincinnati
Allen
Supreme Court of Ohio
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