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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jul 02, 1935
Page
5
Stocks closed mixed on the New York Exchange with numerous issues quoted. Major names include Chrysler at 48 1/4, United States Steel 33 1/4, General Motors 54 1/2, DuPont 102 1/8, and Westinghouse 50 1/4 as traders weighed industrials and rails amid shifting demand and corporate news.
AP reports closing figures from New York curb trading showing mixed gains and losses across various stocks. Key highlights include Amn Co Am 54 1/2, Ford Mot Lta 3/4, Pure Ol 6 percent Pfd Unit, and Humble Oil 57 1/8 while G & E 1A 29 1/4 and Penn Road 2 1/4 illustrate continued volatility amid a broad market backdrop.
Chicago markets report closing prices for grain and livestock futures dated July 2. Wheat and corn show gains and declines across July, September, and December contracts. Oats rye barley and lard bellies futures list corresponding monthly prices with minor shifts in July and September.
New York cotton traded quietly in the morning but surged in late trading. October touched 11.64 with gains of 12 to 15 points. futures closed 18 to 20 higher. July closed at 12.01, October 11.70 and 11.68, January 11.69, May 11.71. Middling price reported at 12.35.
New York July 2 AP The stock market gave utilities the main attention after yesterday's House defeat of the holding bill. Gains faded and trading volume slipped with soft spots in many groups. Wheat and other grains hesitated while cotton and foreign exchanges held near steady. Major movers included American Telephone Western Union Consolidated Gas North American Pacific Lighting Pacific Gas Liggett & Myers American Tobacco and others. Southern Railway fell about 3 points. Oil steels and motors were quiet. mining lagged. Silver fell a quarter cent to 69.5 cents. American Water Works lagged as it skipped a dividend. Water Works preferred rose about 2 points. Close was irregular with 1,202,590 shares traded.
Prosecutor recounts Ferris and the Jackson sisters plotting to kill Dickinson after meeting him at a Book Cadillac hotel dining room last Tuesday night. They lured him for money, rode in Ferris a car, and Ferris shot when he wouldn t surrender, then searched his coat and vest for cash totaling $134. Florence and Jean later confessed taking money from the coat and from a wallet.
Albuquerque officers and National Guardsmen push to locate George Lorius and his wife of East St. Louis and Mr and Mrs Heberer of Du Quoin Ill. after their car vanished 40 days ago. A witness account of seeing the missing tourists near here is being rechecked as clues are pursued and cloth fragments are tested for possible seat-cover match.
Report describes three ranchers who stopped to aid a young man after an accident seven miles south of Socorro and garagemen in Socorro asked if the suspect was the man they saw. State police en route to Gonzales near Gallup where morphine tablets were found near a hole with bottle flies seen emerging. Private detective William Campbell of Gallup filed the report to the Gover.
Hogs 1500 head. top 9.25 for 200-240 lb choice, mostly 9.10 to 9.25. 140-160 lb best 0.50 to 9.00. calves 4,000 head. kill ing classes generally steady. bids 15-25 lower for fed cattle, feeders steady to weak. yearling steers 976 lb at 11.00, medium 10.90, grass steers down to 5.75. Sheep 4500 head. native lambs 8.15 top, most sales 8.00-8.15. medium yearlings 8.25.
State Labor Commissioner F Charles Davis Jack Hanlon assistant director Waite Keeney director of the federal re employment service left Santa Fe for Washington D C to attend an employment conference called by W Frank Persons director of the United States Employment Service.
Boston wool sales were fairly active with Ohio and similar fleeces at 30 to 31 cents grease for fine de laine, 31 to 32 cents for combing 56s, 3/8 blood, and 30 to 31 cents for combing 48s 50s 1/4 blood. Country graded medium fleeces sold largely 28 1/2 to 30 cents delivered east.
U S Bonds Treas 4 1/4s 47-52 at 116.28. Federal Farm Meeting 3s at 49, 102.3. Federal Farm Meeting 3 1/4s at 64, 103.20.
In New Orleans on July 2, spot cotton closed steady with a 15 point gain. Sales reached 204 bales as middling prices stood at 12.35 cents per pound.
Galveston on July 2 reports spot cotton steady at 12.10 cents per pound middling after sales of 424 bales. The market held firm with unchanged price levels as rain and shipping conditions influence futures.
Jouett Shouse, leader of the American Liberty League, charged in a radio address that President Roosevelt is practicing a dictatorship and displacing democratic government with a bureaucratic autocracy. He criticized the New Deal for seeking enlarged powers and called the wealth tax a political gesture.
Tokyo reports that Soviet Russia issued a formal protest accusing Japan and Manchoukuo forces of intruding into Soviet waters and firing on frontier guards along the Amur river. The note claims several incursions and vows that Soviet interior waterways will not be navigated by Manchoukuan vessels.
Boston man Harry Ames braved a gale to rescue his father and brother amid a violent sea storm. A life preserver and emergency tender aided the effort as the damaged ketch lost rigging and sails. Survivors searched through the night, believing their shipmates doomed, then steered toward the Cape Breton coast at dawn.
Silver City New Mexico July 2 AP Sitting as a committing magistrate District Judge George W Hay today ordered Mrs Luz Hernandez 58 year old grandmother of twin seven month old babies slain in Santa Rita June 23 to the state hospital at Las Vegas Mrs Hernandez was held in custody after she was found unconscious on the floor of the room where the bodies of the babies Salvador and Margarita Ybarra were found beaten to death Senator Atwood in Santa Fe Santa Fe July 2 AP State Senator Lee Brown Atwood of Lordsburg visited at the state capitol Tuesday
Administration officials indicate they will propose changes to the revised banking bill once the Senate banking committee reviews it. President Roosevelt met for 45 minutes with Treasury Secretary Morgenthau Governor Eccles and Undersecretary Coolidge to discuss alterations made by Senator Glass subcommittee. Officials reserved comment until the full committee considers the measure, but the president aims to pass banking legislation this session.
AP reports Wiley Post the round the world flyer and his wife were in Albuquerque awaiting automobile repairs en route to Los Angeles from Bartlesville. Post planned a Siberia hunting flight pending permission from the Soviet government and the U S Department of Commerce.
D. L. Bennett pleaded guilty to passing a worthless check for $25 at a local Albuquerque filling station while negotiating to buy a half interest in the business. He is held for district court action as announced by the district attorney's office.
The State Supreme Court ruled that Anchor Grocery Company of Albuquerque complied with the 1934 liquor law by affixing 16 cent stamps to fifths of liquor, reversing a district court ruling. The decision also covers the Rawleigh Company versus Jones et al case, an antitrust dispute with four buyers, and a suit by Barbara Dietz executrix against Tom Hughes over a monetary claim with Hughes counterclaim.
Clinton P. Anderson, newly appointed WPA field representative, outlined the system for awarding jobs. He said all employable relief recipients will be certified to the National Reemployment Service, which will place them in the Works Progress Administration program or with other federal and private agencies.
More than 40 young golfers, all under 22, tee off in the qualifying round of the third annual Western Junior Open in Colorado Springs. Competitors hail from Colorado, New Mexico, Wyoming, California, Kansas, Texas, Minnesota, Oklahoma, Arizona and Iowa, with top contenders including Kim Bannister, Verne Stewart, Dave Connell, and Dee Replogle among others. Harry Todd arrives to defend his 1934 title.
The Senate banking committee moved a revised administration banking bill without a record vote. It would place control of credit in a seven member reserve board and five representatives from the 12 reserve banks. Secretary Morgenthau and Governor Eccles left a White House conference with plans to offer suggestions to the committee.
Los Angeles July 2 AP Eddie Cantor leveled a sharp attack on Detroit radio priest Father Charles E Coughlin during a talk to 1 000 delegates of the Fourth District Grand Lodge of B nai B r ith Cantor urged unification of all Jewish people in the United States and accused Coughlin of lacking a particle of sincerity in his whole system
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