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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jan 26, 1935
Page
5
New York City January 26 AP The stock market shows nervousness amid renewed foreign exchange weakness and a heavy rail tone with some gains in amusement and traction issues. Close irregular. transfers 332,810 shares. Pound slide and European currencies drop as traders avoid new commitments ahead of weekend news. Bonds in demand. carrier loans rise despite rail softness.
Liberty bonds closed with Fourth 4 1/4s quoted at 103.28 old, Treas 4 1/4s at 115.2, Home Owners Loan 4s at 101.7, and Federal Farm Mortgage 3s at 100.29 or 102.16 for 3 1/4s. The figures reflect market close levels for several issue series.
AP reports a mixed set of stock prices and figures for multiple firms and commodities on the New York curb market. Listings include Am Cyan, G & F, Ark Nat Gas, Assoc G & E, City Sye, Pow, Cord Corp, Cusi-Mex, El Bons, Gulf Oil, Humble Oil, Lib McN & L, Nia Hud Pow, Penn Road, Swift & Co, Texan Oil, and Un-Lt & Pow with varied bid and trade values.
Spot cotton in Galveston on January 26 remained steady at 12.70 for mid dling with 200 bales sold. The AP report notes no change in price from the previous session and highlights modest trading activity in the market.
Chicago grain prices for January 26 show mixed activity with wheat futures in May and July trading around the upper 80s to mid 90s, and lard futures closing near 12.70 to 12.90 for January to July contracts. Prices reflect typical grain market fluctuations reported by the AP.
Kansas City market notes January 26 show hogs around 10 lower at 190 to 260 pounds. Cattle and calves demand firm with higher killing classes about 25 to 50 higher. vealers near 1.00 higher. Sheep and lambs up 15 to 30 per head. top fed lambs around 9.35 with ewes and yearlings also listed.
AP reports cotton futures rallied after an initial drop, with May at 12.51 and other months around 12.46 to 12.53. Spot prices steady, middling at 12.65. In Boston wool, trade was moderate with prices mostly unchanged, demand centered on 64s and finer wools, and Ohio delaine around 27-28 cents in grease.
New Orleans spot cotton closed steady with unchanged quotations as sales reached 12.84 bales while middling price held at 12.67. AP reported the market in quiet balance with moderate activity on the day of January 26.
Testimony at a U S Steamboat Inspection Service hearing into the Sea Girt New Jersey disaster says the Mohawk maneuver was likely caused by a broken steering gear on the Mohawk captain Edmund Wang testified that the Talisman did not lower lifeboats and did not whistle because the Mohawk appeared at a safe distance. Coast guard and law authorities continue probing the crash as three more victims are identified in the morgue.
Sidney Longy testified he was given a gun gas bombs and ammunition to kill Huey Long. Long accused Standard Oil of Louisiana of provocation and reported martial law orders while National Guard patrolled the Capitol grounds. Armed citizens seized the East Baton Rouge parish courthouse backing Long as he planned a state controlled district under police reorganization.
Across the country communities from Ryderwood Washington to New York and Chicago marshal birthday celebrations to back a national war on infantile paralysis. Col Doherty and Col Bycir note venues with famed jazz orchestras and political figures, aiming to raise fifty thousand dollars and surpass five hundred celebrations on January 39th, making the event a major social mobilization. In Mississippi area floods stretch from Lost Lakes to near Marks, with homes surrounded by rising water, refugees moved to safety, and levees built to divert the floodwaters.
The little town of 1,200 faced a catastrophic flood inundating lower areas with several feet of water. Relief stations opened in public buildings to shelter residents and refugees from nearby towns. Boats ferried in 57 more evacuees, bringing total cared for to about 500 as Red Cross workers rushed to deliver supplies.
Federal inspectors opened a swift inquiry into the Mohawk disaster where 46 people died. Officials questioned survivors as 34 known dead are identified and 12 remain missing after the Ward liner collided with the Talisman off the Jersey coast.
In Chicago on January 26 AP reports the arrest of Claude Maddox, tied to the St Valentine’s Day Massacre of 1929. Maddox, once boss of the circus gang, was seized at his Berwyn home as police deny involvement. He’ll face a Sunday morning crime show-up after Berwyn authorities arresting him on an undisclosed charge.
In Santa Fe Leonard Beck and Roy Reed, recently freed by a court from their torch slaying conviction of Lee Marshal near Tucumcari, were released from the state penitentiary this morning and immediately arrested by Sheriff Freq White on a grand jury indictment charging larceny.
Torrents of mud and water from Sumas Mountain sweep Kilgard B C causing extensive destruction. Rescue efforts save 200 residents as a four year old girl is swept away. Abbotsford reports the horror with eight feet of water on the highway to Mission and many missing or dead across the region.
Osbourne C. Wood former adjutant general of New Mexico asks for a new judge to hear the case filed by Mrs Alice Myers against Wood alleging non payment of a $14150 loan The motion by Wood's counsel automatically unseats Judge M A Otero Jr in Santa Fe New Mexico in January AP reported
Governor Clyde Tingley pardons two inmates on prosecutors and judge recommendations. Willis Dinwiddie, paralyzed and jailed in Lea county after December sentence, receives clemency. Herbert Towndrow, jailed in Colfax county since July 1933 for two and a half to three years, is pardoned.
In district court Judge Joseph L. Dailey sitting for Judge James B. McGhee awarded Fred W. Barnes compensation of eight dollars per week from the time of disability to date and as long as the disability continues in his suit against the State Highway Commission and the Commercial Casualty Company. The Hall versus Levers case was heard this afternoon with Askren and Watson representing the plaintiff and G Li Reese Sr. for the defendants.
Committees named by President C. R. McNally complete the 1935 standing committee slate with two vacancies to be filled soon. Membership includes J. E. Johns as chairman and members W. C. Lawrence Frank Marks Peter Nelson. Other blocks list School Athletics Tom Hall chairman A F Madison Edd Amonett Guy Nikson A N Smith John Allen Phinizy Walden Bassett. Lakes State Park IS Daughtry chairman D H Wilmot H M Huff. Traffic S P Johnson Jr chairman J A Lee D H Wilmot. Auditing Geo B Jewett chairman R H McCune Walden Bassett. National Councillor Robert Kellahin.
The Covel School near Roswell was chosen by district 25 residents during yesterday afternoons dedication program. The name honors the Covel family who died in a house fire last January.
Ivan Poderjay, a New York lawyer and self styled former army officer, is seen leaving Vienna under guard en route to the United States to answer charges of bigamy tied to his alleged marriage to Agnes Turverson. He declares on departure that he is "a bachelor."
Washington reports the House passed a measure to raise the federal bond authorization by 9 billion dollars to 25 billion, aiming to refinance recovery and fund expenditures. Senate action looms as critics warn it could erode confidence while administration advocates say it expands borrowing capacity.
About 200 unemployed council members stormed the Albuquerque relief office in the courthouse. They battled Sheriff deputies and officers with a fire hose, injuring W. W. Skinner and striking Clinton P. Anderson, FERA administrator for Bernalillo county. A plan to press demands followed a riot that disrupted the Central Avenue march. Names of those detained were not released.
Classified notice seeking one or two roommates for a furnished apartment on North Pennsylvania Street. Room: 10 by record. Contact details incomplete.
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