Market Upturn Leads Stocks Higher Amid Tax Notes
New York stocks showed a fractionally higher mix with American Can, United States Steel, United Gas, and U. S. Steel leading gains while General Motors and American Telephone saw modest activity. Brokers anticipated tax selling off and awaited a stronger market, as Bank of England reserves dwindle and hopes for fiscal economies rise. Total sales reached 1,606,439 shares.
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Ww. i
Epi
New York
Eto
Markelvagdin
Hevecs Y
Suil
Teuheral Motors
Used Corp
Financial District
U. S
Congress
Wall Street
Bank of England
Roester
Salem
New York Stock Close Mixed As Trading Winds Down
New York stocks closed with a mixed tone on December 29, led by varied moves among utilities, rails, and industrials. Prominent gains by Coca Cola and United Aircraft boosted sentiment while several rails and oil issues posted declines amid thin year end trading.
Kansas City Livestock Roundup Bargains Tie Up Trade
US Dept. of Agriculture reports slow packer demand for steers as buyers stay cautious on weights 1100 to 1250 pounds. Calves about 2000 sound, hogs scarce with prices near 2.00 to 2.25, sheep slow with lambs around 5.40 to 5.56 per hundredweight and some losses noted in natives. Market activity shows mixed demand across calves hogs and lambs with prices holding firm on lighter weights and lower on higher priced meat stock.
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Kansas City
Tattle
New York Cotton Market Quiet Amid Limited Southern Offerings
New York cotton remained steady as trade absorbed limited southern offerings. March futures fell from 6.04 to 6.00 with a late hour rebound of 5 to 7 points. Spot quiet with middling ratings, futures closing weak amid stock market firmness and late sales.
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New York
Tice
Spot Fereste
New York Curb Report Includes Mining and Stocks
New York market notes list various mining and energy shares with mixed activity. Ark Nat, Hecla Mining, Newmont, Unit Verde appear among tighter bid prices and modest gains. Gulf City, O Ind and other issuers show fleeting price moves amid fluctuating demand.
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New York
Ark Nat Gag
Ford Ltd
Iy Ae Gulf Cily
Hecla Mining
Newmont
Shat Denn
O Ind
Unit Verde
Chicago Grain Prices Under Close for December
Chicago grain futures end the session on December 29 with wheat at 7 8 for December, 1 4 under May, and 1 8 under July. Corn trades at 22 for December, 1 8 under May, and 1 2 under July. Oats show 1 8 for December, 5 8 for May, and 1 7 for July. Rye edges at 1 8 for December, 1 8 under May, and 7 8 for July. Barley lacks December trading. May at 7 8 and July at 3 8. Lard quotes set January 3 85, May 3 95. Relais prices January 3 17, May 3 75.
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Chicago
Roswell Building and Loan Associations to Pay Dividends
Roswell's three building and loan associations will declare dividends on December 31, totaling an estimated 82000 from past six months profits. Contingent reserve funds stand at about 157000, built from undivided profits over years to cover losses. Associations include Roswell Building and Loan, Equitable Building and Loan, and Chaves County Building and Loan with respective managers cited.
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Roswell
Roswell Building and Loan Association
R H. McCune
Equitable Buiding and Loan Association
FE. G. Minton
Chaves County Building and Loan Association
Robert Keilahin
Federal tax refunds granted in New Mexico total many sums
Washington reports the largest refund in New Mexico went to Lemuel C. Shattuck of Bisbee Arizona for 5549.85 with many others including Anna Becker of Belen estate 5125.08 and George Snyder of White Signal 3577.11. Numerous individuals and firms from Albuquerque Carlsbad Silver City Los Angeles Tulsa and other places received smaller refunds ranging from six hundred to over four thousand dollars.
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Washington
New Mexico
Federal Treasury
Lemuel C. Shattuck
Bisbee
Ariz
Anna Becker
Belen
George Snyder
White Signal
G. W. Bond and Brother Mercantile Company
Encino
Frank Bond
Albuquerque
Wool Market in Boston Sees Modest Purchases and Steady Prices
Boston wool buyers show moderate activity with a wide range of fibers. Short combing 64s and fine western wools dominate purchases while combing 56/8 fleeces draw bids from 19 12 to 26 1 2 cents in grease for Ohio lines, and around 19 cents for top heavy semi bright wool. Prices remain steady to firm despite a slow market.
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Boston
Galveston Cotton Prices Steady at 6.00
Galveston spot cotton remained steady at 15 up with middling grade at 6.00 dollars per bale. Sales reported at 350 from F OB.
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Galveston
New Orleans Cotton closes steady with gains
Spot cotton in New Orleans on December 29 rose 19 points to 6.05 middling as sales reached 3,548 bales. The market remained steady with light demand and firm prices across grades.
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New Orleans
Miss Rankin Visits Roswell For School Conference
Miss Mary Rankin, teacher at the Chaves School thirty miles north of Roswell, and her brother Kinney Rankin, were in Roswell yesterday afternoon for a conference with county school superintendent Miss Thelma McCully.
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Miss Rankin
Mary Rankin
Kinney Rankin
Roswell
Chaves
Thelma McCully
Married Christmas Eve 1865 Anniversary Trio
Nathan and wife of Wichita Kansas observe their 67th wedding anniversary each Christmas Eve. Civil war veteran Chance says the 1865 Christmas Eve is their most memorable moment, a sentiment echoed by Mrs Chance.
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Nathan Chance
Wichita
Kas
Christ
Chance
Burden of fight to Bring Economy to Government Falls on a Lone Senator
Central Press staff writer outlines Senator Kenneth McKellar of Tennessee as the lone force on Capitol Hill pushing for government economy. The piece details the budgeting process, with House, Senate, and executive agencies each seeking larger appropriations, and notes McKellar’s leadership in this fiscal battle. It cites his stance that balance can come from savings, proposing cuts to postal costs and subsidies, with only a beer tax increase as possible revenue.
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Uncle Sam
House of Representatives
Senate Appropriations Committee
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Tennessee
Clay Pleads Guilty To Forging A Check At Ball And White
Horace Clay pled guilty to forging a 63.54 check passed at Ball and White Store during a prelim hearing before Judge Winston. The money was repaid. prosecutors sought dismissal but the plea was entered. He was bound over to the district court. a first offense with leniency sought.
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Horace Clay
Ball & White
Winston Ih
White
District Court
Winston
Dexter Baby Dies En Route From Roswell
The year old daughter of Mr and Mrs L L Brummell of Dexter died of heart failure this afternoon as the parents were returning from Roswell to Dexter. They rushed the child to a doctor here but she died before they reached Roswell.
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L. L. Brummell
Dexter
Roswell
Trio May Negotiate War Debts With U S
Great Britain plans to send a war debts mission to the United States to negotiate a new settlement in Washington. A commission may be named by President Hoover or established after President-elect Roosevelt assumes office.
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Great Britain
United States
Washington
Hoover
Roosevelt
Snow Storm Sudden Blankets Santa Fe and NM
The weather across New Mexico shows a broad snow event moving from the northwest. Santa Fe received about one inch with expectations of clearing later, while Albuquerque to southwest Colorado reported heavy snow and rising barometers. Temperatures hovered around 20 degrees below or above zero in places, with open roads reported overall.
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N. M
Santa Fe
A. m
Weather Bureau
Albuquerque
Colorado
Colorado Line
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Oso Ridge
Gallup
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Cuba District
Institute for Miners at El Paso Opens Four Day Session
The Institute for Miners and Prospectors will be held at the College of Mines and Metallurgy in El Paso Texas from Tuesday January 3 to Friday January 6 with no tuition. Nine lectures cover placer mining prospects in the El Paso area mineral identification and ore preparation. Geology chemistry mining and metallurgy faculties join with local industries and outside experts. one full day focuses on placer mining including washing with a rocker and panning.
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Institute For Miners and Prospectors
College of Mines and Metallurgy
el Paso
Texas
Local Classifieds Include Rentals and Wanted Notice
Restaurant fixtures for sale or lease at 521 North Main Street. A five room house for rent at 308 West 3rd Street listed by Mrs. Bondurant, phone 381. WANTED four passengers to Santa Fe or Albuquerque on January second, phone 1161. All items appear in a late 29t3x classified block.
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North Main St
West 3Rd St
Santa Fe
Albuquerque
Dexter Social Roundup Shows Busy Artesia Visitors
Dexter and Roswell figures appear in a steady stream of visits and gatherings. Residents including Dexter families host or visit relatives in Roswell El Paso Frost and Santa Fe with dances alumni banquets and Christmas parties noted.
Exports of Steel and Iron Increase in November
Washington dispatch reports United States exports of iron and steel products rose in November to 56 041 gross tons, the highest since May, compared with 41 226 tons in October and 59 456 tons in November 1931. Imports totaled 24 924 tons in November, up from October and down from November 1931.
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Washington
Des
United States
Commerce Department
Two Get Suspended Sentences for Trunk Theft
Santa Fe New Mexico December 29 AP reports Desiderio Quintana recovered his trunk after a minor auto accident involving Sosten Trujillo Rog erio Sandoval and others. Trujillo and Sandoval pleaded guilty before District Judge M A Otero and received ten year suspended sentences. Ezequiel Martinez, who assisted in hauling the trunk, implicated the two and was arrested after police learned of the theft.
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Santa Fe
N. M
Desiderio Quintana
Sosten Trujillo
Rogerio Sandival
Ezequiel Martinez
Voluntary
Quintana
M. A. Otero
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