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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Dec 06, 1934
Page
5
New York stock market faced profit taking yet managed modest gains as leaders paused while aircraft, farm machinery and certain specialties led active trading. The day featured selective buying, a 1,420,355 share turnover, and a Chicago cash corn high at 1.11 a bushel amid broader commodity declines.
AP report from Chicago on December 6 shows futures for wheat corn oats rye and barley with Dec Jan and May contracts. Prices move modestly with wheat at about 1.02 to 1.03, corn around 95 to 92, oats 56.5 to 54.5, rye near 81, barley near 8.7, and lard futures around 11.47 to 12.00 with bellies at 14.35.
New York reports mixed cotton trading with slightly higher southern offers and liquidation pressure. Investors await the government crop report due Saturday as March futures slip to 12.56 and spot middling remains at 12.70.
New Orleans December 6 AP spot cotton closed steady nine points lower with sales reaching 1,918 bales. Middling priced at 12.74 cents per pound.
AP reports a closing curb with mixed moves across energy and industrials. Notable figures include Gulf Oil 56.38, Humble Oil 46, Newmont Min 41.13, Penn Road 2, Unit Verde 3.88, Trans Cent Air 3.63, Assoc G&E 0.38, City Svc 1.50, and Con Cop Min 0.25, with varied shifts among Amn Cyan B 17.50 and others.
Prices in Kansas City on December 6 show hogs at 5.85 for select 220 lb, sows 4.50 to 5.65, feeders 1.75 to 50. Feeder and stocker pigs strong. Cattle and calves: steers and yearlings steady to weak for low grades, vealers steady, cows 3.25 to 4.00, milky calves 3.00 to 6.50. Sheep: killing classes generally steady, lambs to 7.35, yearling wethers 4.75 to 6.25, ewes 2.09 to 2.85.
Boston dispatch reports U S Department of Agriculture data showing Texas wools making up a large share of western demand. Prices on twelve month wools averaged 68-70 cents scour, with better types above 70 cents. Eight month wools sold around 62-63 cents, and short graded fall wool brought 45-47 cents.
U S bonds closed with Liberty at 101.30 and Treasuries at 112.15. Home Owners loan 4s 51-101.4, Fed Farm Mortgage 3s 49-98.28, 3 1/4s 64-191.5. In Galveston spot cotton remained steady, down 5 with mid mulled around 12.70. sales totaled 225.
Canvassing discussions continue as figures show Sen. Bronson Cutting leading Chavez by 1,284 votes after returns. Cutting attorneys threaten to contest board authority to canvass other counties and issue certificates if San Miguel county is ignored. Chavez supporters push for board action, arguing the board must canvass all returns before any final certificate.
Hagerman notes report the Holloway family moving to Las Cruces and Kern Jacobs driving a new Chevrolet. Rev Slade announces Methodist revival services before Easter. Woman's ClubDecember meeting postponed due to Mrs Pardee's absence. call for telephone updates. Presbyterian Ladies Aid bazaar and supper set for December 8. local illness and visits mentioned as many recoveries and absences. Max and Ruth return to State College. Elinor and Flora Hughes home from Roswell for Thanksgiving. Dorothea Cowan improving and hoped to report full recovery soon.
Senator Clark questions Du Pont official K K V Casey about 40 tons of TNT shipped in double containers. Outer packaging removed at sea, munitions moved via Korea to Manchuria despite U S embargo. Casey denies knowledge of misuse, investigators target Burton and Fish resolutions on munitions firms abroad. Documents allegedly show efforts to involve Secretary Hoover to defeat the Burton bill.
The Institute's polo team departs tomorrow afternoon for Tucson to play the University of Arizona on Saturday and Sunday. Polo coach Lt. J. H. Collier leads five cadets Doran Thompson Shirley Waterhouse and Hawk. They are scheduled to return next Tuesday.
United States Senator Carl Hatch arrived in Albuquerque on court business and voiced support for an Amendment 18 style provision to aid cotton farmers in New Mexico. He favors federal relief programs and a shift toward work projects over direct aid, plans to visit Washington around December 15, and noted potential action at the upcoming session. He discussed Flores and the Smith case, detailing Flores' arrest, location at Sapello, and alleged statements, with Deputy Sena recounting a confession and the shooting during a land dispute.
Los Angeles dispatch reports the sudden death of Berlin philosopher and raw food fadist Dr. Frederick Ritter on Charles Island. Captain Hancock and Smithsonian scientists locate a triple death on Marchena island related to Lorenz Nuggrud and a native boy, with Baroness Eloise Bousquet De Wagner and Robert Phillipson vanished since July.
In Las Vegas New Mexico the Flores murder trial nears its close as the state, with only a few witnesses left, presented a map showing where Ed Smith's body was found on the Martinez property. State witness William Gordon also testified about tracking Smiths horse from the body site to its tethering location and finding a blood spot near a fence. Deputy Sheriff F C De Baca testified.
Roswell artist Mrs. Ruth Kelly will paint four murals in the county court house rotunda. The works depict the Southwest and Roswell history through scenes of an Indian hunter, the first Spaniards, early trailblazers, and the first Indian trading post. Materials costing 55 dollars were approved at a county commission meeting, with work expected to start in one to two weeks.
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