Stocks Jump Ahead In Broad Market Rally On Fed Inflation Hopes
Wall Street advanced vigorously on August 25 as investors priced in inflationary signals from the Federal Reserve credit expansion. Major shares surged 1 to 5 points, led by strong gains in Homestake Mining and a wide list of industrials and utilities. Turnover reached 3,228,410 shares, with a late rally keeping most leaders near session highs and bonds firm while the dollar weakened in overseas dealings.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Federal Reserve System
Ins
Homestake Mining
Case Threshing
National Distillers
Santa Fe
Allied Chemical
Delaware & Hudson
du Pont
Union Pacific
American Commercial Alcohol
Auburn
American Telephone
American Can
U. S. Steel
Deere
General Motors
Westinghouse
Western Union
Alaska Lunean
U. S. Smelting
Johns-Manville
Chrysler
Year
New York Central
International Harvester
Liggett & Myer
New York Stocks and New Orleans Cotton Close
New York stocks close reported by Standard Statistics with various market indices. New Orleans spot cotton ends steady up 26 points at 9.52 middling amid 2,069 sales.
MENTIONED IN THIS ARTICLE
New Orleans
Kansas City Livestock Prices Mixed as Market Slows
In Kansas City on August 25, cattle numbers reach 800 with calves at 190. beef steers and yearlings scarce, close steady to weak. Hogs at 50,000 head move slowly with 49 lb pigs steady to 5 lower. top around 4.15. Sheep at 2,000 head show lambs steady to weak, natives and Idaho lambs quoted 6.75 to 6.85.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
USDA
Idaho
Chicago grain and lard prices on August close
Prices listed for wheat oats rye and barley futures with settlements in September December and May contracts. Lard and lites also quoted with September October December values. August close reported from Chicago.
MENTIONED IN THIS ARTICLE
Chicago
Boston Woot Market Sees Broad Wool Price Rise
Boston reports sharply higher sales across a wide selection of domestic wools. Medium quality fleeces and territory lines gain, with 58s to 73s combings showing upward price movement. Bleached 48s to 50s fleece also firm, metric grease prices cited for Ohio and territory wools.
MENTIONED IN THIS ARTICLE
Boston
Dept
Ohio
New York Cotton Ends Higher After Early Rise
In New York on August 25 the cotton market jumped about 1.59 a bale on short covering and buying spurred by federal reserve credit policies. December futures rose to 9.89 early, slipped to 9.74, then held around 9.83 with gains of 18 to 235 points as the market steadied. Overall, futures closed very steady with 22 to 28 point advances.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Banks
Commercial Bulletin
Oho
Pennsylvania
Delaine
Michigan
Wisconsin
Missouri
Indiana
New England
Texas
California
Northern
Middle County
Southern
Oregon
F. M
F. M. Fr
Valley
Montana
Texas Kid
Arizona
New Mexican
Getting Ready for Special Election in Bernalillo County
Albuquerque on August 25 AP reports both Democratic and Republican groups are aiding the county board in recruiting volunteer judges and clerks for the September 19 election. About 20 people filed to serve at the county clerk’s office while 496 precinct election officials are required.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Bernalillo County
Democratic
Board of County Commissioners
Albuquerque Employers Sign NRA Pledges Big Signatures
Albuquerque officials report NRA agreements signed by 908 of over 1,200 employers in the area. Postmaster B. Spitz cites 75 percent participation as of today, with the total adherents rising to 908.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
B. Spitz
Duke City Adds To Police Force
Alburquerque New Mexico August 25 AP Duke City expanded its police force by seven bringing total sworn officers to 27 the largest in city history The eight hour work day was adopted to accompany the staffing increase A half cent gasoline tax in effect since August 1 will fund the higher payroll the police radio station purchase and three new scout cars Chief Pat O Grady said officers will receive regular training in machine guns rifles sawed off shotguns and pistols
MENTIONED IN THIS ARTICLE
Alburquerque
N. M
Duke City
Pat O'Grady
Oficers
Supreme Court keeps 3.2 beer ban in New Mexico
Santa Fe August 25 The AP reports the state supreme court ruling that 3.2 beer remains unlawful in New Mexico will stand at least until after the September 19 election as the deadline for filing a motion for re hearing has passed.
MENTIONED IN THIS ARTICLE
Santa Fe
Supreme Court
New Mexico
Miners Flaunt Prospects in Sonora Gold Project
Coll H Kyte and George Etz have returned from Alamos in Sonora Mexico where they are developing a gold mining property A N Etz John A Youse Ward Rice and wife are now there to oversee progress Guests at Guricoba Ranch shared hospitality of J E McCarty C E McCarty and sisters Anna Hoye and Margaret Huey The travelers enjoyed receiving The Record during their Mexico trip.
MENTIONED IN THIS ARTICLE
Coll H. Kyte
George Etz
Alamos
Sonora
Mexico
A. N. Etz
John A. Youse
Ward Rice
Guricoba Ranch
J. E. McCarty
C. E. McCarty
Anna Hoye
Margaret Huey
Tafoya Charged After Knife Assault Allegation
A complaint charges Juan Tafoya with assault with a deadly weapon in justice court after a night incident. Tafoya is accused of stabbing Jose Gonzales with a knife. Gonzales sustained minor injuries. Police officers Houston Coffey and Will Denning arrested Tafoya. he had not been arraigned at this time.
MENTIONED IN THIS ARTICLE
Juan Tafoya
Justice Court
Tafoya
Jose Gonzales
Houston Coffey
Will Denning
Gonzales
Wool prices and buying surge in past week reported
Boston reports indicate strong wool buying with volumes above average across many grades. Prices firm with scarce medium grades, and stronger outlook on Australian season open. Mohair also active while buyers face higher prices. quotation ranges listed for fleece and combing grades across multiple U.S. regions. Attorney J C Gilbert returns from Santa Fe after state bar meeting.
MENTIONED IN THIS ARTICLE
J. C. Gilbert
Roswell
Santa Fe
Albuquerque
Special Term Federal Court Here September 14
U S District Judge Colin Neblett set a special term of federal court for Thursday September 14 in Roswell to hear war risk insurance cases and three civil matters. Jurors will be drawn with date to be announced. possible criminal cases not specified. Orders signed include bankruptcy discharge referral for John M Leakon Roswell for October 4 and dissolution actions for Morris Bluestein doing business as Morris Jewelry Co Albuquerque referred for October 3.
MENTIONED IN THIS ARTICLE
Santa Fe
U. S
Colin Neblett
Roswell
Neblett
John M. Leakon
Callender
Morris Bluestein
Morris Jewelry Co
Albuquerque
Polansty
New Mexico lumbermen’s wage rule talk set at Klamath Falls
AP reports Col Georg Reece said a meeting at Klamath Falls Oregon early next week will discuss wage and hour provisions for a New Mexico lumbermen’s code. The text also lists various poultry hatchery figures and foreign bond prices, with numbers scattered throughout.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
New Mexico
Klamath Falls
Ore
Georg Reece
Man Arrested for Theft from Box Car Here
Ramon Chamarillo was arrested by county officers last night for allegedly stealing 6 cases of peas 2 cases of dill pickles and 3 cases of matches from a box car on the Omar Leach siding Wednesday night. A. C. Wolfe Mrs. Holland Cox and Jack Ferguson were in Roswell today from homes near Acme.
MENTIONED IN THIS ARTICLE
Ramon Chamarillo
Omar Leach
A. C. Wolfe
Mrs. Holland Cox
Jack Ferguson
Roswell
Acme
Also Mentioned on This Page
New York Stock Exchange
Standard Statistics Co
Alumie Tmis
Am Cyan B
Amer T & Eail
Amer Mar i
Amer
Ark Nat Gas A Ll
Asec G
KK al
Brilio Mfg
City Sve
Cord Mtr
Cresson
Lwtroit Air
Ki EB & S
Ford Ltd
Gif Oil
Hecla Mining
Humble Oil Si
Ning Hud Pow
Newmont
Penn Road
So Tnd
Swift & Co
Trans Air
Unit Verde
P & EL Sh
Adam
T&t
Myvine
Allis
Kencott
AmerCan
Krog Gr
Amcar&f
Lambert
Lizgmyrb
Murray
Nat P&l
Armill Ia
AT & SF
Nynh&h
Atl
AubAuto
Nik Wet
Avia Cor
Wink
Tan Nley Amn Cc
Barnresdl
Poe
Pantimen
Col A& &i
Safeway
Kongo Na
Schulte
Air iCon Gas
Seab Oil
Sears
Shell
Coty
Curt
Cc&f
Doug Air
Ita
I Dre
Ine
Son J
Dun Pont
Ste Wrn
Mastman
Whstr
Studhbkr
Flee P&l
Eris
Cimbel
Clidden
Us Tadal
Golduston
t+ Nor Pfus
Us Steel
LION
Bach
Roswell,new Mex
Sydney
Jacquard
Turkey
Aly Abits
Arkansas
Clardy's Products
Isme
Roswell, N. M
Safeway Stores
Concord Grapes
Ozarks
Peniel
Fruits and Vegetables
Ibs
Louisana
Libbys
Campbell
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