New York Stocks Close Amid Wide Variations
Trade on the New York Stock Exchange closed with a broad mix of gains and losses among leaders. Notable movers included AmLoco, AmMetal, Du Pont, Dow components, and a wide range of industrials and utilities. The index snapshot shows substantial activity across numerous issues, with investors weighing early gains against profit-taking.
Kansas City Livestock and New York Market Roundup
Kansas City reports hogs 7 000 head with top 6.00 for 240 260 lb animals and cattle trade steady to strong for better grades. New York stocks drift moderately lower amid dull trading while grains soften. essentials include wheat at 99 1/4, corn near 91 7/8, oats 54 3/4, lard 11.25, and bellies 14.17.
MENTIONED IN THIS ARTICLE
Kansas City
US Dept
Wool market update from Boston December trade totals
The report notes domestic wool demand with limited 1/4 blood grades and prices for grease and secured basis. 485. 50s and 1/4 blood sold around 28 cents grease in Ohio lines and 60 to 62 cents secured for territory wools. Territory line sales supported by recent transactions. Boston receipts for the week ending December 1 totaled 6,781,900 pounds, up from 1,126,000 the prior week.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Territory
Boston Grain and Flour Exchange
New Orleans cotton futures ease slightly on December day
New Orleans on December 3 reports steady to lower trading with futures closing 15 to 17 points down and spot cotton down 13 points. Sales reach 1,083 bales while middling cotton finishes at 312.65.
MENTIONED IN THIS ARTICLE
New Orleans
Galveston Cotton Spot Atton Steady Despite Demand
Galveston December 3 AP Spot atton prices remained steady at 15 cents per pound with middling at 12.60. Sales totaled 1,512 bales as market watchers noted steady demand during the session.
MENTIONED IN THIS ARTICLE
Galveston
Government plans 900 million borrowing to fund winter relief
Washington reports the government will borrow about 900 million dollars this month, boosting the public debt to over 28.5 billion. The plan, part of a total financing of nearly 1.89 billion, finances relief needs through March 15 and includes bonds and notes with various maturities.
MENTIONED IN THIS ARTICLE
Washington
United States
Roosevelt
Treasury
Cotton futures ease on light buying and liquidation
New York trading on December 3 reported cotton offerings not heavy and buying limited to moderate trade demand and some covering. March contracts declined to 12.48 while the generalist showed net losses of 6 to 15 points around 2 PM. futures closed barely steady to 1 point lower and spot middling at 12.65 amid quiet activity and weak dock and grain markets.
MENTIONED IN THIS ARTICLE
New York
Liberty bonds close at mixed gains in New York trading
U S bonds on a December 3 AP report show Liberty bonds finishing at 4 1/4s for 33-38-103.24, Treas 4 1/4s at 47-52-112.10, Fed farm mortgage 3s at 49-98.27, and Home owners 2s at 52-98.29 in active market activity.
MENTIONED IN THIS ARTICLE
York
Dec
AmLoco
P&l
Beatric
Bendix A
Beth Sdl
BohAlum
Borden
BuradMa
Buster
Byers
Con’ Gas
Coty
Doug. Air
du Pont
D&l
New ‘Stock Exchange
Homstak
Montard
Murray O
Nash Mot
Nat Bis
Nat Csh
Nat Dairy
Nat Digt
Nat P&l
Ny- Cil
Nynhe&h NoOnt
Na Aviat
Nor Amr
Nor Pac
Ohio Oil
OwlllGl
Pac G
Sears R Shell U
Simmons
Skelly O
SoCaliEd
Pac
S$ O Cal
St Oil Ind Ltdo NJ
Ste Wrn
Sto
N&w
Studbkr
Tex&Pac
Tex Corp
Tex Gul Tex Pc&o
Texpl Tr
Timkenb
TransAm
Ln Carbi
Air
Corp
Drg
Util
Vadsco Gudden
Vanadum
Goldust
Warn Pix
Yer
WestMry
tNord
West Union tNorPf
Wst
E&m
Sa Fuser
Weet Air
Wsepf
Woolwrt
Hershey
Holland
U. Ss. Bonds
New York
Liberty Bonds
Treas
Fed
Coldest Night Yet Across New Mexico
Albuquerque saw its coldest night of the winter as temperatures plunged to 12.5 degrees above zero, dipping from a prior low of 15. Other towns reported clear skies and very low readings with Santa Fe at 10 and Roswell at 22. Warmer conditions were forecast for tonight.
MENTIONED IN THIS ARTICLE
Santa FE
Albuquerque
Roswell
Tingley Seeks Law To Address Torture Slayings
New Mexico governor-elect Clyde Tingley moves to curb torture slayings after a state supreme court decision freed Roy Reed and Leonard Beck. A three-attorney committee will craft bills to revise criminal statutes, possibly needing constitutional amendment. The panel will meet with Tingley’s legal advisory board to decide necessary steps.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Supreme Court
Roy Reed
Leonard Beck
Lée Marshall
Quay County
Clyde Tingley
J. O. Seth
Tingley
David Chavez
Santa Fe
C. M. Copton
Portales
George L. Reese, Jr
Carlsbad
Legal Advisory Board
Industry to Form Program for Recovery
New York dispatch reports a four day gathering at the Waldorf Astoria as high industry chiefs join the National Association of Manufacturers to craft an industry congress plan. They aim to back President Roosevelt’s All American recovery team and present a united program to oppose depression while coordinating with the administration on employment, capital, and budget priorities. Donald Richberg and Raymond Moley will address the sessions.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
Waldorf-Astoria
National Association of Manufacturers
Congress of American Industry
American Bankers Association
Washington
NRA
Congress
Donald R. Richberg
National Emergency Council
Raymond Moley
Brain
Roosevelt Receives Cabinet as New Deal Funds Loom
Finances Good Warm Springs GA December 3 AP President Roosevelt met with Treasury Secretary Morgenthau and Secretary Ickes after a reported very good reception to a two billion dollar government financing offer for public works. Ickes signaled support for substantial additional public works funding to bridge until private industry resumes full operation.
MENTIONED IN THIS ARTICLE
Warm Springs
Roosevelt
Treasury
Public Works
Morgenthau
Ickes
Death by Own Action Verdict In Durham
The coroner's jury ruled 19 year old William Thayer Durham died of strychnine taken by himself after an inquest in Durham. Found dead in his El Capitan Hotel room Saturday the youth had bought two strychnine bottles to poison prairie dogs. Empty bottles and a torn note pieced together indicated suicide.
MENTIONED IN THIS ARTICLE
William Thayer Durham
Durham
el Capitan Hotel
Son of Federal Judge Held on Murder Charge
Philip Kennamer, 19, son of Federal Judge Franklin E. Kennamer, was arraigned in Tulsa on a murder warrant. He entered a not guilty plea and was remanded to jail for a preliminary hearing set December 17. His attorney waived reading of the information. A crowd gathered outside the sparse courtroom as well dressed onlookers arrived in chauffeured cars.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Philip Kennamer
Franklin E. Kennamer
Flint Moss
John Gorrell
John R. Woodward
Young Man Overcome By Gas In Home Bath
A youth about 18 identified as Hughes almost drowned by gas from an vented water heater while bathing at 517 East Sixth Street. He recovered consciousness and a coroner’s inquiry noted possible self harm after a heavy drinking episode. He lived with his parents 40 miles north of Roswell and died after funeral services were held with pallbearers named.
MENTIONED IN THIS ARTICLE
Hughes
East Sixth Street
Durham
Burton Durham
Roswell
Ballard Chapel
D. B. Titus
Albert
Chester Stockley
Tom Sellman
C. C. Camp
South Park
Ballard Funeral Home
France and Germany Sign Financial Plebiscite Pact
France and Germany reached a financial settlement linked to the January 13 Saar plebiscite. Ambassadors Count De Chambrun and Ulrich Von Hassell signed the pact, proposing France pay 800 million francs via Saar issued currency if Germany wins. Funds would cover French credits and mine costs, with residents voting on reuniting with Germany, joining France, or remaining under mandate.
MENTIONED IN THIS ARTICLE
Count de Chambrun
France
Ulrich von Hassell
Germany
Saar
League
Saarbruecken
Berlin
Paris
Meeting Called For Mattress and Furniture Firms
Car F Whittaker a N R A field adjuster seeks all local mattress pil low and renovating firms and second hand furniture dealers to attend an 8 o clock meeting at Roswell Chamber of Commerce rooms. He cites code violations and aims to explain required practices before any fines or imprisonment. Fred C Rogers State Compliance Director supports careful handling to determine intentional violations.
MENTIONED IN THIS ARTICLE
Car. F.whittaker
N. R. A. Field Adjuster
Roswell
Whittaker
Fred C. Rogers
U.S. deficit and relief programs hit high spending
The emergency relief administration posted large outlays totaling 1.483,969,231 in credits. Public Works loans and other advances surpassed 500 million, with railroads receiving 62,428,000 and the Tennessee Valley Authority 13,003,000 in support.
MENTIONED IN THIS ARTICLE
Emergency Relief Administration
Public Work Administration
Tennessee Valley Authority
County Extends Cotton Gains and Stock Programs
Annual report notes a strong cotton season with expected yields near five year averages, prompting heavier surplus certificate purchases around $100,000. The year included cattle sheep and goats adjustments with 637 ranchers, 53 000 cattle 40 000 sheep and 2 000 goats handled, plus corn hog contracts totaling about $8,000. Cooperation with federal agencies and Welfare groups supported housing surveys, 4 H Club work, engineering efforts, and the Eastern New Mexico State Fair, which drew large attendance and strong rodeo interest.
MENTIONED IN THIS ARTICLE
New Mexico
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Standard. Statistics Co
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Kansas City Livestock
Wall Street
U. S
McKesson & Robbins Ptd
Radio Play
United Aircraft
Chicago Grain
Chicago
Close Grain
New York Card Alum Co Am
Amn
G & EA
Brillo
City
Cord Corp
Ford Mot Ltd
Gulf Oil Pa
Humble Oil
Lib Men & L
Newmont
Nia
Penmroad
St Oj Ind
Swift & Co
Texan Oil
Verde
Reed
Beck
Hopkins
Consolidated Public Works and Relief
Mr. Roosevelt
Oklahoma
Bureau of Animal Industry
Mearning
American Legion Regular
D. A
Adv
Joe Petez
Southwestern Public Service Company