Wall Street Closes Heavy After Nervous Session Ahead of Labor Day
Stocks drifted downward with a late selloff as traders reduced positions before Labor Day. Metals held some strength while rails remained under pressure. U S Smelting and Dome Mines modestly rose, Union Pacific and Santa Fe fell sharply, and Cuban American Sugar gained on the session.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Geome
Warren
Germany
U. S
McIntyre
Union Pacific
Santa Fe
U. S&s. Steel
N. Y. Central
Southern Pacific
Pennsylvania
Textile strike calls across cotton mills threaten nation
McMahon of United Textile Workers announced a broad strike as unions report mass readiness to act. The projected impact covers 425 000 cotton workers plus 300 000 in silk rayon and woolen mills, with over 1 000 mills at risk and potential effects across the eastern seaboard. The union demands include union recognition, end of the stretch out system, and a 30 hour week without pay cuts.
MENTIONED IN THIS ARTICLE
George A. Sloan
Cotton Textile Code Authority
LNRA
The
Cotton Textile Institute
Manufacturers’ National Organization
Associated Press
Francis J. Gorman
Gorman
Deep South
Sloan
Roosevelt
National Labor Relations Board
New York
Lloyd Garrison
Labor Relations Board
William Green
American Federation of Labor
San Francisco
Seaboard
William Stanley
Justice Department
Stock AVERA C Update From Standard Statistics
The record shows stock AVERA C with price data including today values at 84.4, 37.7, 69.5, and 72.7 with prior day figures at 83.2, 38.2, 60.4, and 73.6. Copyright by Standard Statistics Co. proper formatting noted.
MENTIONED IN THIS ARTICLE
Stock Avera‘c
Standard Statistics Co
Ershop Ind
Chicago grain and oil prices on August closing data
AP reports Chicago grain prices with Sept and Dec futures for Wheat, Corn, Oats, Ry and Barley, plus Lard and Bellies. Details include old and new quotes for various months and products, with specific figures for September, December, and May maturities.
MENTIONED IN THIS ARTICLE
Chicago
New York Cotton Slips Through Morning Decline to Steady Afternoon
In New York Aus after a morning drop amid liquidation and labor news, cotton steadied in the afternoon trading. Textile strike calls were anticipated. Futures closed barely steady with minor declines across the board. Oct 13.96 Dec 13.20 21 May 13.28, Spot middling 13.20.
MENTIONED IN THIS ARTICLE
New York
Aus
Bond market closes with mixed Liberty and Treasury notes
Liberty bonds close around 103.25 with 4 1/46 and 33 38 for key series. Treas 4 1/4s quoted 47 to 52 while farm loan and mortgage issues show varied prices. Home owners loan 4s near 98.6 as market yields shift.
MENTIONED IN THIS ARTICLE
New York
Liberty Bonds
Treas
New Orleans Cotton Futures End Slightly Lower After Declines
New Orleans cotton futures closed barely steady with net declines of 17 to 19 points. Oct at 13.05, Dec 13.17, Jan 13.20b, May 13.34, Jag 13.41b. Spot steady, 17 points down, sales 1,496, middling 13.17.
MENTIONED IN THIS ARTICLE
New Orleans
Boston Wool Prices in Limited Western Demand
A limited demand was received for western grown wools. Short French combing 64s and finer territory wools in original bags sold at 66-68 cents scoured basis. Twelve month Texas wools offered directly from the country were reported sold to mills at 58-63 cents scoured base delivered east.
MENTIONED IN THIS ARTICLE
Boston
Aus
Texas
Galveston Cotton Steady at 13.20 Middling
Spot cotton in Galveston on August 30 held steady at 10 points down with middling price at 13.20 and sales reported as 179 bales. The AP dispatch notes the market tone as unchanged amid current trading activity.
MENTIONED IN THIS ARTICLE
Kansas City Livestock
Kansas City
US ‘Dept
Galveston
Rain bomb sets plane on fire near Waxahachie
In Waxahachie Texas August 30 AP reported a rain making attempt ended when a bomb exploded mid flight. James A Boze suffered serious burns while pilot Lou Foote and passenger Mrs. Gertrude Jeffries escaped with minor injuries. The plane landed in a cotton field and was later destroyed by flames.
MENTIONED IN THIS ARTICLE
Waxahachie
Tex
James A. Boze
Lou Foote
Gertrude Jeffries
Dallas
Terry
Boze
Artesia Bridge Club Hosts, Socials, and Local Moves
Artesia News reports a Bridge Chair meeting at Mrs Albert Richards home. Lowell Price plans a week in Ruidoso then Fort Worth residency. Girl Scouts meet for Junior Health led by Mrs Hardy. Miss Mahone hosts a farewell party for Miss Lela Bess Mann with guests. Compton couple plan Fort Worth move then return to Artesia. Various residents attend trips, medical procedures, and housing notices. Political notes include county chair elections and assembly convention plans.
MENTIONED IN THIS ARTICLE
Albert Richards
Lowell Price
Ruidoso
Ray Bartlett
Hardy
Margaret Mahone
Lela Bess Mann
Albuquerque
Helen
Grant Co Democrats Ask Craighead To Resign
Silver City August 30 AP The Grant County Democratic Convention adopted a resolution demanding the immediate resignation of state senator Ed Craighead, declaring he is no longer a resident of Silver City or the Grant county senatorial district.
MENTIONED IN THIS ARTICLE
Silver City
Grant County
Democratic
Ate
Sheriff Office Race Sees Um Elected Amid Voter Support
A New Deal for the sheriff's office appears with Um elected as supporters rally around the outcome. E. J. House comments on outreach, acknowledging cannot speak to every voter and inviting continued backing.
MENTIONED IN THIS ARTICLE
Sheriff's Office
E. J. House
Police Court August Fines and Jail for Unpaid Costs
A court report shows total fines and costs of 241 with 163 in corrections. Those unable to pay were jailed.
Marriage License Issued to Torrez and Nieto in Roswell
A marriage license was issued today to Charles Torrez and Mary Nieto, both residents of Roswell. The couple obtained the license in the local office, formalizing their plans to wed.
MENTIONED IN THIS ARTICLE
Charles Torrez
Mary Nieto
Roswell
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