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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jan 17, 1940
Page
7
January 17 report from New York describes a slow, narrow trading day with no overall market lift. Aircraft stocks favored. London and Paris markets uneven. bonds mixed and commodities higher. Cotton unchanged to five cents up. Chicago wheat gains 1 3/8 to 2 1/8 cents. corn up 1/8 to 1/4. Final sales reach 469,300 shares.
Kansas City call shows hogs steady to higher with 230 lb sales down while sows gain up to 10 cents. cattle demand sluggish though light yearlings and feeders steady. calves and fat cows mixed amidst steady to weak undertone. Also notes wool demand in Boston, grain and produce trading in Chicago, and cotton futures in New York.
An old advertisement promises liver bile secrets for morning vigor and bowel flow. It touts two pints of bile daily and links poor digestion to gloom, urging Carter's Little Liver Pills as the cure priced at 10¢ and 25¢.
New Orleans spot cotton closed steady with sales at 1,537 bales. Middling grade priced at 11.10 cents, reflecting unchanged market tone. Trade kept cautious amid early January activity in the staple market.
The senate banking committee planned to ask secretary Hull how extending American credits to Finland would affect neutrality. President Roosevelt proposed non military credits via the export import bank pending congressional authorization. Hoover urged support for credit extension while Jones said a $10 million loan was a sound credit risk though further amounts were undecided. The Dies committee may be recreated as House leaders consider extending its life amid doubt on further Finland aid.
The Gibbstown Du Pont nitroglycerine plant suffered a massive blast about 10 30 this morning. Officials estimate about 6000 pounds of nitroglycerine exploded and two workers were inside the unit. Ambulances raced from Philadelphia while FBI and New Jersey police opened parallel investigations. The blast rattled Philadelphia area, shattered windows, and prompted reports of possible sabotage though no official link was made. The plant, employing several hundred in the town of 1500, produces high explosives and other chemicals.
Mary Jane Donaghy and Elsie Lively found nearly $100 on a Knoxville sidewalk after a rabbit's foot brought luck for a French test. Railway worker D F Hopkins claimed the money slipped from his pocket, then returned $5 to each girl as reward. Outcome of the French test pending.
Hagerman Bobcats defeated the Dexter Demons 15-14 on Hagerman court after a close game with halftime 11 10. Both teams struggled from the field with only three baskets apiece. Dexter grade school beat Hagerman 20 2 and Hagerman juniors won 18 14 over Dexter juniors.
Tonight the Lions Club meets Ball and White in a city bowling league matchup. The result could shape midseason standings and team momentum as both squads aim for key points.
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