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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jan 08, 1935
Page
5
AP report lists wheat, corn, rye and barley futures with monthly to September contracts. Wheat January 99 1/4 May 3/4. Corn March 93 1/2 May 91 3/8 July 86 3/4. Rye May 75 3/4 July 75 1/2 September 74 3/4. Barley May 81 3/8 July 74 September. Lard January 12.90 May 13.27 July 13.40. Bellies January 16.45 May 16.77.
The trial heard witness accounts of the Lindbergh case with emphasis on identification, finger prints, and the famous ladder. Hockmuth described Hauptmann vaguely, while police expert Kelly faced cross examination over fingerprint methods and the ransom note handling.
The governor urged state education control over transportation, creation of a state education board, and a state superintendent to end politics in schools. He pressed for reenacting the 26 mill levy, a sales tax, and land sales through the Taylor act. Proposals include a three-member water commission, underground water control, and federal-relief funding avenues. He called for economy laws, centralized tax collection, and a three-member highway commission. Additional ideas cover pension programs, workmen’s compensation reform, permanent vehicle registration, judiciary nonpartisan reforms, and a Coronado anniversary plan for 1940.
Carnegie Library receives several new titles led by South of the Sun by Oliver Russell detailing his Antarctic diary and Byrd expedition lore. Other fiction includes Black Bird's Field Doree Captain Caution. non fiction Medicine Men In China Modern Russia Laughing In The Jungle among others.
The Week of Prayer program at First Christian Church features Rev D B Titus leading with theme Taking Jesus Seriously. Includes hymns, prayers, talks on Jesus teachings by multiple speakers, a soprano solo, and public invitation. service lasts one hour. An ordinance renaming the park Cahoon Park is adopted. mayor and city clerk noted. Also listed are book notices and juvenile reads by various authors.
Wall Street opened with mixed sentiment as oil stocks retreated and the Supreme Court ruling on petroleum transport spurred selling in the oil group. Brisk early activity softened as profit taking emerged and volume fell. Grains edged lower and cotton nearly stood still while bonds stayed quiet. Notable gains appeared in Briggs Mfg and Coca Cola, with other leaders inching higher.
Kansas City cattle and hog markets show gains across categories on January 8. Hogs 1500 head mostly 15 to 25 higher with top 8.25. cattle and calves about 25 higher, vealers up to 7.00. sheep and lambs 15 to 25 higher with top lambs near 9.00 and yearling wethers 5.75 to 7.75.
New Orleans cotton prices closed today in observance of Jackson Day holiday. Trade was light with dealers citing quiet activity as markets paused for the local holiday.
NY STOCK AVERAGES show broad activity with gains and losses among utilities rail and manufacturing shares. Notable names include Gen Elec, US Steel, Chrysler, Bethlehem, Du Pont, and Goodyear as investors weighed industrials and energy equities amid January trading.
Inquiries were fairly numerous on western grown wools priced around 67 to 70 cents for scoured basis. Short French combing and clothing lines moved at 63 to 65 cents. Bulk average French combing 64s and finer wools were quoted as well.
A compact listing of curb and associate stock quotes with multiple firms across industries. Includes Amoco units, national gas, oil majors, mining companies, refiners, a steel pack and utility shares. Notable entries include Humble Oil, Newmont Min, Texan Oil and Penn Road with varying fractions.
New York cotton opened lower on easy Liverpool cables and stayed steady amid moderate demand with few sellers. Futures closed mixed to steady with January 12.59 N and March 12.69, May 12.78, July 12.82, October 12.63, December 12.67. Spot middling at 12.90. Liberty bonds closed higher with Treasury and Home Owners Loan issues quoted.
Spot cotton in Galveston on January 8 remained steady at five points up with middling grade priced at 12.90 as sales reached 847 bales. The AP report notes stable demand in a quiet market.
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