Sharp declines in specialty issues unsettle Wall Street
On December 20 the market faced steep drops of 5 to 9 points in volatile issues before support steadied the session. Union Bag & Paper slid 9 after exchange authorities probed recent stock activity, Celanese fell 8, Atlas Tack shed over 4 but recovered most losses, while Bay and Celanese trimmed their declines. Total volume 2,173,518 shares. Bonds eased as some leaders held losses.
MENTIONED IN THIS ARTICLE
New York
Union Bag & Paper
Stock Exchange
Celanese
Atlas Tack
Bay
Standard Oil
New Jersey
Santa Fe
American Can
McIntyre
Chrysler
Market Report Alam Co Am 70 to Am Cyan 14 1 4
New York stock list shows the Alum Co Am at 70, Am Cyan B at 14 1 4, Amer G & E at 26 3 8, Amer Mar at 3 4, Amer Sue Pow at 1 3 4, Ark Nat Gas A at 1, Assoc G & E A at 1 2, Brillo Mfg at 5 1 2, City Sve at 1 1 2, City Sve Pfd at 10 38 4, Cons Cop Min at 11 16, Cord Corp at 5 3 4, Cresson at 5 8, Detroit Air at 3 16, El B at 10 1 4, Ford Ltd at 5 3 8, Gulf Oil at 64 1 2, Hecla Mining at 5 3 4, Humble Oil at 98, Ind Ter A at 2 1 2, Newmont at 45 3 8, Niag Hud Pow at 5, Penn Road at 2 3 8, Seiberling at 2 1 2, SO Ind at 32 1 2, Swift & Co at 12 1 2, Texan at 6 1 2, Trans Air at 2 3 4, Unit Gas at 2, Unit P & L at 1 3 4, Unit Verde at 2 7 8.
MENTIONED IN THIS ARTICLE
New York
Stoc Exchange
Alaska J
Nkli
Allegny
T&t
al C&é&Dye
Allis Cc
Kencott
Amn Can
Amcr&f
Krog Gr Lambert
Am&forp
Ligmyrb
Amer Int
Amn Loco
I- AmMetal
Mack Tr
MelIpor
Amer P&l Pf
Amrolm
McLellam
AmBmelt
Natcsha
Amwipf
Nat Dary
Anaconda
Nat Dist
Anchor C
Nat P&l
Arm
Nynheh
At&sf
NyOnt
Ad Ref
Nfk
Byers
Cal Hee Pure Oil
iCan Dry
Purpbak
Pac
Radio Co
Telanes
RKO
Cer Pas
C&o Rail
Safeway
Chrysler
St L&sf
Coca Col
Schulte
Colgate
Seab Air
Col Fuel
Col G&e
Sears R
Shell
Com&Sou
Skelly O Congo Na
Vac
Con Film SoCalEd
Con Gas
Conbka
Sta G&e
Corn Pro Ste Wrn
St&Whstr
Coty
Carter
Studbkr
Tex&Pac
Dlac&w
DiaMat
TexCorp
TexGul
Doug Air
du Pont
TexPc&Co
Tex PL Tr
Eastman ‘ Timkenb
P&l
T&r
Erie RR
KeisTrBat
US Rub
Mtr
Usssmelt
Genrsig
Usssteel
GilRaz Usstippt
Gimbel
Ap)alum Co
Am Cyan B
Amer G & E
Amer Mar
Amer Sue Pow
Ark Nat. Gas A
Assoc G & E
Brillo Mfg
City Sve
City Sve Pfd
Cons Cop Min
Cord Corp
Cresson
Detroit Air
el B
Ford Ltd
Gulf Oil
Hecla Mining
Humble Oil
Ind Ter A
Newmont
Niag Hud Pow
Penn Road
Seiberling
SO Ind
Swift & Co
Texan
Trans Air
Unit Gas
Unit P & L
Unit Verde
Market Prices: Hogs Cattle and Sheep in Kansas City
Kansas City reports livestock bids with hogs 3000 cattle 3500 calves 890 steady to higher. hog top 3.10 for 170-250 lb, cattle top yearlings 5.85, steers 550-900 lb 5.00-6.25, milk fed weaners 3.04-6.00, sheep lambs steady to weak with top fed lambs 7.00 and lambs 6.59-7.10 for 90 lb and under.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Grain Prices and Lumber Markets Note
Chicago grain quotes show December wheat at 79 1 4, May 381 5 8, July 80 3 8. corn December 41 5 8, May 48, July 49 3 4. oats December 31 1 4, May 35, July 33 1 8. rye December 51 3 4, May 55 1 4, July 57 1 8. barley December 41 1 2, May 46 1 2, July 46 1 2. lard December 4.30, January 4.45 4.85. bellies December 4.50, January 5.00.
Cotton futures fall amid liquidation and dollar strength
New York market notes real mouth and scattered liquidation pressuring cotton. March futures slipped to 9.97 while spot middling held at 10.95 amid a softer dollar and easing wheat and stock markets.
MENTIONED IN THIS ARTICLE
New York
March
Stock Averages and Daily Figures Report
Stock averages for the day show indices at 87.4 for one measure, 41.1 for another, 63.3 and 76.9. Compared with the previous day, values moved to 89.0, 41.6, 65.1 and 77.4 respectively.
Wool Market Signals Steady Prices Amid Mixed Demand
Boston reports strong demand for certain combed wool types while greasy domestic wools move slowly. Mills show interest in finer territory wools but not in large purchases. Overall asking prices remain steady or firm versus last week.
MENTIONED IN THIS ARTICLE
Boston
New Orleans Cotton Closes Steady Down Five Points
New Orleans spot cotton traded steady with a five point fall. Sales reached 1,176 bales as middling grade priced at 9.93 cents per pound.
MENTIONED IN THIS ARTICLE
New Orleans
Lumbermen Meet at Albuquerque Discuss Timber Sustainability
In Albuquerque New Mexico on December 20 AP reports New Mexico Arizona and Colorado lumbermen gathered to address how to carry on logging on private lands while preserving timber for future production Maj David T Mason of Portland Oregon head of the Western Pine Association led the talks focusing on article 10 of the timber code which calls for cooperation with public agencies to sustain forest resources through practicable measures.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
New Mexico
Arizona
Colorado
David T. Mason
Portland
Ore
Western Pine Association
Mrs Naomi McNally Heads to Los Angeles for Christmas
Naomi McNally departed today for Los Angeles California to spend the Christmas holidays with friends.
MENTIONED IN THIS ARTICLE
Los Angeles
Naomi McNally
California
French arrest seals eight months of spy ring roundup
American salesman Robert Switz, 28, of East Orange New Jersey, is accused as chief of a ten person espionage band with five women among the suspects. Co chief Benjamin Bercowitz born 1891 Jassy Romania, and others including Madeleine Mermet 23 French teacher and Louis Martin 43 French teacher were arrested after 390 crack detectives tracked the ring. Police found 19000 francs three wireless sets documents and plans for fortifications as France expands its Iron Ring border defenses to the sea.
MENTIONED IN THIS ARTICLE
Secret Service
Robert Switz
East Orange
N. J
Switz
Allexes
Marjorie Tilley
New York
Benjamin Bercowitz
Jassy
Romania
Clara
Bendery
Gianvetti
Madeleine Mermet
Benon
Doucham Narandisch
Martin
Ministry of the Navy
France
Édouard Daladier
Hyland Discusses Veterans Claims and Board Work
Harlow W. Hyland state service officer for veterans spoke in Roswell outlining his role aiding veterans and widows in filing compensation claims. He criticized the special review board for requiring evidence beyond discharge and urged Congress to rectify injustices and reinstate service connected disabilities.
MENTIONED IN THIS ARTICLE
Roswell
Hyland
New Mexico
Disabled Soldiers’ Relief Commission
Mr. Hyland
Veterans Administration Special Review Board
Feneral
Special Review Board
Congress
Santa Fe
Complete surface job on road west of Roswell
The gravel surfacing on 15 miles of new construction west of Roswell is finished. Skousen Brothers of Albuquerque were the contractors. The surfaced section was completed last summer and a department inspection is planned within the next day or two to approve contract fulfillment.
MENTIONED IN THIS ARTICLE
Roswell
Highway Department
Skousen Brothers of
Albuquerque
Grass fire reported at 315 East 7th Street
Fire department responded this afternoon to extinguish a grass fire at 315 East 7th Street with no damage reported. No injuries or further incidents were noted.
MENTIONED IN THIS ARTICLE
East 7Th Street
Roswell Floral Wins Best Ad in Record Contest
The Roswell Float Company won the $5 cash prize in The Record contest for the best advertising copy run in The Record during the contest period. The Roswell Advertising Club judged the winner at their regular meeting, with no input from The Record. The winning copy read That Difficult Gift Situation. Send Flowers, The Perfect Gift. Phone 196 Roswell Plural Company.
MENTIONED IN THIS ARTICLE
Roswell
Roswell Advertising Club
Roswell Plural Company
Alabama Governor Frees 298 Long-Term Prisoners
Governor Miller, bedridden with undulant fever since mid November, issues holiday paroles to 298 long term prisoners on a man-to-man basis. The first group leaves today and is due back January 1. He expresses confidence they will return and stay faithful. Arkansas Governor Fulwell cannot issue holiday releases due to a quarantine at Tucker prison after three meningitis cases.
MENTIONED IN THIS ARTICLE
Miller
Alabama
Tucker Prison
Fuliell
Arkansas
Roswell Advertising Club selects winner for copy contest
The Roswell Advertising Club held a meeting today at which the winning entry in The Record's advertising copy contest was used in place of the regular program. The Roswell Floral Company won the prize. Winston Daniel spoke about Turkey. The next meeting will be held next Wednesday as a business session, with Carl Bird presiding in Logan Hunter's absence.
MENTIONED IN THIS ARTICLE
Roswell Advertising Club
Roswell Floral Company
Winston Daniel
Turkey
Carl Bird
Logan Hunter
Spot cotton steady in Galveston market
Galveston December 20 AP spot cotton held steady with a decline of five points. Middling grade priced at 9.85 dollars per hundredweight as sales reached 1190 units.
MENTIONED IN THIS ARTICLE
Galveston
Governor Eyes Broad Capitol Staffing Changes for Special Session
New Nippon envoy tax reports not carried over but to be reselected. Governor says he may use Capitol clerks and stenographers for the legislature to cut costs in a possible special session. He expects a legislative committee to study the need this week or next, with leaders from all parties included to reflect public involvement. Precedent cited from Governor Jarrazzola's era supports using statehouse staff in a special call.
MENTIONED IN THIS ARTICLE
Capitol
Statehouse
Jarrazola
Also Mentioned on This Page
Wall Street
Kansas City Livestock
Chicago
Stanaaard Statistica Co
Moise Salmon
Chana
Madame Lidia Tchekaloff Stahl
Mile
Louis Martin
Harlow W. Hyland
State Service
Roswell Floral
Pagéaus
AD Club
New Nippon Envoy
Hiroshi Saito
Netherlands
United States
Debuchi
Safeway Stores
You
Merry Christmas
Mesa Gold Creamery
Texas
Libby
Turkeys
Wilson
Edwards
Hams Wilson
Sunshine
Pillsbury’s
Joe
Bluebird
Bluebad Diemoed Syudiste
Bullock's Jewelry Store
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