Downtrodden Start Piffs and Brief Selloff Ends Quiet
Wall Street opened dull as the market faced a brief late session selloff. Losses of one to three points dwindled as trading closed easy with 1,390,940 shares changing hands. Congress and the President's message drew attention while grains softened and bonds varied. Several blue chips dipped, utilities eased, and many issues closed near unchanged.
MENTIONED IN THIS ARTICLE
New York
Congress
U. S
Consolidated Gas
American Telephone
American Can
U. S. Steel
Santa Fe
Union Pacific
Air Reduction
du Pont
Johns-Manville
Owens-Illinois
Wall Street closes mixed with broad advance and declines
New York stocks end firmer in some sectors as industrials and utilities rise while rail and several commodities weaken. Major indexes show mixed results with notable gains for Chrysler Coca Cola and US Steel, while Union Pacific and General Electric dip. Trading activity reflects cautious optimism as investors weigh economic signals.
Live animal market report highs and steady to up
Kansas City cattle and hog prices move higher on some grades while others hold. Hog top at 3.35 for 170–250 lb choice. cattle steady with selective gains across steers and heifers. milk fed and stocker demand mixed. Sheep show firmness in best lambs with light gains for native lambs and yearling wethers.
MENTIONED IN THIS ARTICLE
Kansas City
Chicago Grain Prices Open With Mixed Crude Gains
Chicago grain and futures values show wheat, corn, oats, rye, barley, lard and bellies posted with May and July contracts. Notable quotes include wheat May at 84 1 4, corn May at 50 3 4, oats May at 37 3 8, rye May at 57 1 2, barley May at 52, lard January at 4.95 and bellies January at 5.02.
MENTIONED IN THIS ARTICLE
RYB
Market roundup of closing curb data and stock figures
New York curb close shows Am Alum Co at 73, Am Cyan B at 15 3 4, Am Ford War 5 1 4, Amer G at 7 20 1 8, Amer Mar 3 4, Amer Sup Pow 2 3 8, Ark Nat Gas A 1 1 3, Assoc G&E A 1 2, City Sve 2 1 8, City Sve Ptd 12 1 8, Cons Cop Min 3 4, Cord Corp 6 7 8, Cresson 3 4, Detroit Air 1 4, FB & 11 3 4, Ford Ltd 6 3 4, Gulf Oil 59 3 4, Hecla Mining 6 7 8, Libby McN 3, Newmont 51, Niag Hud Pon 5 1 4, Penn R 2 5 8, SOund 32, Swift & Co 14 3 8, Trans Air 2 7 8, Unit Gas 2, Unit P & L 2 1 2, Unit Verde 4 1 4.
MENTIONED IN THIS ARTICLE
New York
New York Stock ‘Exchange
Adam Exp
Air Weap
Alaska
Alegny
T&t
Allis CG
Nash
Nat Bis
Anaconda
Nat Csha
Anchor
Nat Dary
Nat Dist
Nat P&l
AT & SF
Nynh&h
Aub Auto
Na Aviat
NorAmer
Cor
Ba Loco
Ba Loco Pf
Nor Pac
B&o Rail
Ohio Oil
Barnsdl
Beatrice Uu Pac
G&e
Bendix A
Packard
Beth Stl
Para Pub Cil
Boh Alum
Wark U
Borden
Wenny JC
Brokmnt
Penn RR
BuradMa
Phelps D
Byers Co
Phil Pet
Cal Hee
Chrysler
Coca Col
eyTob B
Colgate
St L&sf
Col
Sears Ri
Skelly O
Con Gas
Soc Vac
SocaiBd
Gonbaka
Sou Pac
Fon Can
Pomel
Coty
O Cal
Curter
Ste Wrn
Ae Air
St&Whbster
Pont st.Studbkr
Tex&Pac
Tex Corp
Elec
Tex Gul
GenElec
WS Steel
Glidden
Usstiipf
Goldust
Util Pla
Goodyer
Vadsco
GtNorPf
Vanadum
Gwsvuer
Warn Pix
Sug Pf
West Mid
Hershey
West UN
Homstak
West Air
Hous Qil
Howe Sud
Woolwrt
HudMtr
Yel Tr&c
Eto Ds
Ford Ltd
Gulf Oil
Hecla Mining
Libby McN
Newmont
Niag Hud Pon
Penn R
Sound
Swift & Co
Trans Air
Unit Gas
Unit P & L
Unit Verde
New York Cotton Prices Steady Amid Early Firmness
New York Cotton shows initial firmness as futures close steady to down four points. Spot prices hold at middling ten dollars and forty five cents, with overall market tone easing slightly on realization.
MENTIONED IN THIS ARTICLE
New York
New Orleans
Cotton Steady
U S Bonds Close Mixed As Markets Open New Year
U S bonds found modest ground in New York trading on January 3 with Liberty bonds at 4 1 4 and Treasury issues showing slight gains. The market opened the new year steady as investors priced in modest inflation and demand for government securities.
MENTIONED IN THIS ARTICLE
U. S. Bonds
New York
Jan
Liberty
Treasury
Boston Wool Market Reports Steady French Combing Wools
Moderate trade in French combing 64s and finer territory wools with graded lines at 81 to 83 cents scoured basis. Bulk average French combing staple in original bags quoted at 1.82 dollars scoured, while good short French combing staple sells 80 to 81 cents. Other domestic wools mostly quiet since year's start.
MENTIONED IN THIS ARTICLE
Boston
Roosevelts aim for permanent currency stabilization
President Roosevelt spoke to reporters at the White House before heading to the Capitol about a long term aim for permanent currency stabilization. He described a managed currency plan to strengthen the financial structure and eventually create a medium of exchange with less variable purchasing and debt paying power. He noted many nations have weak financial setups making worldwide stabilization difficult. The gold purchase program continued with the price at 34.06 dollars per ounce. The RFC reported domestic gold purchases of 24.8 million dollars and foreign buying over 50 million, with 100 million set aside to acquire sold.
MENTIONED IN THIS ARTICLE
White House
Capitol
Roosevelt
RIYC
RFC
National Industria
Congress
New Deal Recovery and Reform Drive Details
In a broad address from Galveston on January 3, the speaker outlines continued recovery measures, noting gold purchases, bank stabilization, and the National Industrial Recovery Act. He cites progress in refinancing farms, price parity, flood control, and Tennessee Valley work, while stressing anti crime efforts and a shift from relief to work. The speech also covers foreign policy aims, debts, and unity between executive and legislative branches.
MENTIONED IN THIS ARTICLE
Tennessee
United States
Montevideo
Europe
Finland
Scouting Shows Fine 1933 Progress in Eastern New Mexico
P W Thorson Eastern New Mexico Area Council reports 811 Scouts at 12/31/1933 with a 100 gain for the year and 306 Scouters making a total of 1 144 boys and men enrolled. Roswell accounts for 52 eleven thirteen year olds as part of a strong year and the council aims to expand in 1934 with missionary troop organization and increased field visits.
MENTIONED IN THIS ARTICLE
P. W. Thorson
Roy
Eastern New Mexico
Roswell
Thorson
New Mexico
P. V. Thorson
Italy Eyes a Strong Navy and Eastern Threats
The report cites Mussolini's push to rebuild Italy’s navy under minister of marine guidance while warning of Japan’s eastward ambitions. It notes warnings about a future danger from the east, Japan's withdrawal from the League of Nations, and calls for disarmament agreements amid these tensions.
MENTIONED IN THIS ARTICLE
Japan
League of Nations
Italy
Mussolini
Probate Will Hearing Set in Van W. McCune Estate
In Chaves County New Mexico the probate court schedules January 31 1934 at 9:00 AM to prove the Last Will and Testament of Van W McCune Deceased with witnesses Alice Tibbies and Ada Stout of Hot Springs Montana Objecting parties must file with the County Clerk in Roswell NM by that date. Dated December 30 1933. GEO L Foreman County Clerk. By Estes Beck Deputy Adv.
MENTIONED IN THIS ARTICLE
State of
New Mexico
Sarah FE. McCune
Rebecca F. Hart
Ida McCune Osborn
van W. McCune
Chaves County
Alice Tibbies
Ada Stout
Hot Springs
Montana
Roswell
December 1933 Weather Summary From Local Bureau
December 1933 meteorological summary notes precipitation at .66 inches, 20 days with 100 percent possible sunshine, 25 clear days, three cloudy, three partly cloudy, totaling 269.5 hours of sunshine. Figures drawn from Cleve Hallenbeck's monthly report as local weather official.
MENTIONED IN THIS ARTICLE
Cleve Hallenbeck
Marriage License Issued to Linton Floyd and Nellie Edwards
A marriage license was issued today to Linton Floyd and Nellie Edwards, both of Roswell. Record shows Roswell residents securing the license in the local civil registry.
MENTIONED IN THIS ARTICLE
Linton Floyd
Nellie Edwards
Roswell
Also Mentioned on This Page
Wall Street
Standard Statistics
India
Kansas City Livestock
Chicago Grain
Chicago
Curb Close
Didja
Coperight
Galveston
Eastern New Mexico Council
President Roosevelt
Tiflis
Thoson
State OF New Mexico
Geo. L. Foreman
Seal
Estes Beck
Adv
Henry T. Rainey
Illinois
House
Joseph W. Burns
Rainey
Will Rogers
Wih
Pitts
Roswell Auto Company
Roswell Auto Co
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